Wall Street tycoons support technology stocks: the sharp decline is only temporary, this is a good opportunity to buy at the bottom! Whether it is the progress related to the election or due to the major rotation of the US stock market, the US technology stock market has recently experienced a huge blow. However, Wall Street doesn't seem to be worried. The trading department of JPMorgan Chase&Co. predicts that this decline will be short-lived. Andrew Tyler, the head of the US market information department at the bank, stated that this is a "massive overreaction" triggered by geopolitical concerns.