JP Morgan earnings on 1/14 at 6:50am

JP Morgan Chase (JPM) Q4 December 2021 earnings are on 1/14 at 6:50am. JP Morgan Chase (JPM) reported Q3 September 2021 earnings of $3.74 per share on revenue of $31 billion. JPMorgan Chase had $3.8 trillion in assets and $290 billion in stockholders equity as of September 30, 2021. The setup for bulls was better a few days ago, now it's likely a better setup for bears. With that said, I'm neutral leaning bullish here because of the institutional rotation into financials for 2022, Fed quantitative easing tapering and anticipated rate hikes, along with a possible Q4 earnings flat, but with a positive Q1/2022 earnings guidance in the conference call. Here's the 1 day price levels.

Q4 Consensus:
EPS = $2.97
Revenue = $29.71B
P/E = 10.62
Div /Yld = 2.205

52 week high = $172.96
52 week low = $123.77

SMA200 = $159.29
SMA150 = $160.16
SMA100 = $162.73
SMA50 = $163.27

breakout = $167.53
R3 = $165.16
R2 = $162.79
R1 = $160.42
pivot = $158.05
S1 = $155.68
S2 = $153.31
S3 = $150.94
breakdown = $148.57

Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
www.tradingview.com/u/growerik/

Comment:

FOMC meeting at 2pm

Comment:

JP Morgan Chase & (JPM) reported Q4 December 2021 earnings of $3.33 per share on revenue of $30.7 billion. Revenue grew 0.5% on a year-over-year basis.

Comment:

Wells Fargo & (WFC) reported Q4 December 2021 earnings of $1.38 per share on revenue of $21.7 billion. The consensus earnings estimate was $1.09 per share on revenue of $18.4 billion. Revenue grew 13.6% on a year-over-year basis.

Comment:

Citigroup (C) reported Q4 December 2021 earnings of $1.99 per share on revenue of $19 billion. Revenue fell 0.2% compared to the same quarter a year ago.

Comment:

JP Morgan Chase & (JPM) reported Q4 December 2021 earnings of $3.33 per share on revenue of $30.7 billion. Revenue grew 0.5% on a year-over-year basis.