J.P. Morgan's trading department believes that technology stocks may rebound. J.P. Morgan's US market intelligence team maintains a tactical outlook. It believes that the recent sell-off in technology stocks may bring short-term recovery opportunities. It is recommended to use a barbell strategy and allocate technology stocks and cyclical stocks at the same time. The team determined that the general rise in the industry is expected to continue, but there is limited room for growth in the energy sector, and the downward pressure on technology stocks has eased; in the cyclical sector, they are more optimistic about the consumer and financial sectors. The report quoted data from J.P. Morgan analyst Craig Cohen: Since 1950, the S&P 500 index has recorded a rise in every year after the midterm elections, with an average increase of about 15%. The bank's market intelligence team added that historical data showed that in the three months, six months, and nine months after the midterm elections ended, the average increase in the S&P 500 index was 5.4%, 11.4%, and 12.5%, respectively.

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