Even before yesterday’s tumble in global stocks, triggered by the Bank of Japan’s rate hike and US unemployment numbers, the tech-heavy Nasdaq-100 and growth-flavored Russell 2000 indexes were struggling, each down ~10% over the past seven trading days. But JPMorgan analysts suggest that the cloudy days might finally be coming to a head, hinting that a “buy the dip” opportunity could be on the horizon.

• JPMorgan analysts believe that the rotation out of tech stocks is “mostly done,” but they caution investors to be careful, noting that economic data will be a factor in determining whether markets will recover.
• The company said the outcome of upcoming economic readouts like inflation and manufacturing could offer investors the opportunity to buy at acceptable valuations and prices.

Still worried? Don’t be. Despite Japan experiencing its worst single-day of trading since Black Monday in 1987, the Nikkei 225 index clawed back most of its losses yesterday — rising 10%. Virtually every other global market finished the day higher, including all of America’s most-watched indexes. Market volatility is part of the investment process, and sometimes the best approach is to stay the course — or keep buying.