JPMorgan: We See The Selloff As A Dip-Buying Opportunity

JPMorgan: We See The Selloff As A Dip-Buying Opportunity

While only time will tell whether Monday's selloff on Wall Street was just another blip on the radar screen or the beginning of something more sinister, there was some agreement on one thing: Mechanical selling and systematic flows contributed to the rout. That risk was known. Things that used to be esoteric -- "ostensible arcana" as I've playfully described modern market structure -- are now going mainstream. The concept of a "window for movement" in and around options expiration is now thorou
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