JPMorgan Trading Desk Turns "Tactically Bullish": "Technical In Nature, Not Fundamental"

Following one of the best rebounds since the 50s (from a 14% drop to down just 1.5% month-to-date as of Friday's close), JPMorgan's trading desk has done a U-turn, and shifted their market view back to Tactically Bullish, less than two months after turning Tactically Bearish (they made big waves back on March 4