JPMorgan: 5100 points could be the get on board point for the S&P 500 index.

Jin10 data reported on April 5th, JPMorgan analyst David Lebovitz stated that the U.S. stock market has reached a low buying zone, as he believes the U.S. will still avoid an economic recession triggered by tariffs. Lebovitz has been waiting for the S&P 500 index to reach 5100 points, which the index fell below on Friday afternoon. He is far from “fully betting” on the U.S. stock market and believes that the risk of a U.S. economic recession is rising. However, Lebovitz indicated that he may take advantage of the recent stock market dumping opportunity to moderately increase the position at the current trading levels. “The cheaper the stocks, the more interested we become,” Lebovitz said. “In the long run, from a return perspective, reducing stock holdings in non-recession years tends to be ineffective.”