JPM profit falls in Q1 Short

JP Morgan Chase & Co.NYSE

Description

⋅ Apr 13, 2022 12:53 PM

JPMorgan Q1 net income $8.3 billion, or $2.63 per share, -42% from Q1 of 2021 when JPM posted a profit of $14.3 billion, or $4.50 per share.

I expect a retracement to the $119 support on this news, if not even lower.