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mthompson45
Dec 20, 2021 4:48 PM

JPM SHORT Short

JP Morgan Chase & Co.NYSE

Description

RSI is below well below 40, volume is extremely low, stocks are not having a Santa Rally nor should Wall Street!
Comments
aboagyed776
How low you think they can go?
mthompson45
@aboagyed776, You mean Stocks? They are predicting anywhere from 6% to 10%. I don't think you will see the SPY or the QQQ's drop as much as Stocks, nor will see JPM or any Banks fall that much, the FED will jump in before that happens. FB is down 3.46% today and JPM is down 2.25%. Biden is giving a Speech tomorrow regarding COVID restrictions I think we will see a big drop after and during his speech. We are going to have to a Travel Ban, other countries are already banning US travelers. Do you own VXX? It is protection when the Market goes down, it is mostly used by people who do Options. It is is up 6.42% today.
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