It’s no secret that the US banking industry is facing some significant challenges when it comes to securities losses. In fact, the Big 4 US banks - JPMorgan Chase, Citigroup, Wells Fargo, and Bank of America - are sitting on a combined $211.5 billion in unrealized losses. That's a huge amount of money, and it's certainly cause for concern among investors and...
As of late, the vast majority of us probably have been hearing about "too big to fail" or " a free market vs. a central market" What does all of this mean?" Well, let's go over some of the basic stuff. As in some of my prior posts, it is important to understand that the "Fed" does NOT control mortgage rates or loan rates from your local banks. Let me repeat that...
Looking at this trading range, I've spotted a previous bearish cypher, a current bullish cypher. Price Action has retrace back to the Previous (B) leg of the Bearish Cypher. The Previous resistances, is currently acting as support for the D leg of the present bullish cypher. We can confirm this w/ the bottom of the Stoch RSI. I'm looking to buy put options on...
JHEQX Update On March 31 at ~3pm the contracts were rolled to contracts: ~40,000 roll price: 4089.21 short call 4320 long put 3885 short put 3280 For any of you that have not checked out the indicator on their own chart yet, I published the script privately last month and received overwhelming positive feedback. Get a copy of the script here: Thank you...
looking for price action to stay within the 2020 trendline and rise from C wave to D leg, at that time many will think of selling, but its building a nice base. this is actually a bull flag in disguise.
EPS at all time High, Stock waiting to catch up. The intrinsic value of one JPM stock under the base case scenario is 185.05 USD. Compared to the current market price of 141.7 USD, JPMorgan Chase & Co is undervalued by 23%.
NYSE:JPM Jamie Dimon is known for issuing dramatic market predictions. Should we listen? If you had entered the market on the day of any of these bold statements over the past three years you would be up or even right now.
In times of crisis, investors rush to safety. When risk shows in places of safety, bank runs begin. One's pain is someone else's gain. Silicon Valley Bank (SVB) & Signature Banks' combined assets at $300 billion is witnessing a flight to safety. At $300 billion, it is trivial relative to $23 trillion within the American banking system. Remember that the FDIC...
The problem is finding the right stock to buy Also to make it worse finding these opportunities -- every week. -- You have to look for these opportunities every week with a powerful strategy -- Because: -- #1-A strategy will give you a peace of mind . . #2- A strategy will give you confidence . . #3-A strategy will help make money . . Before you see a working...
If you haven`t sold JPM here: or here: then you should know that JPM JPMorgan Chase seems to be most capitalized bank in the US, ready for the economic hurricane that its CEO, Jamie Dimon, predicted. Most business and retail clients will move their funds to JPM after this bank run. Looking at the JPM JPMorgan Chase options chain, I would buy the $140 strike...
Record first-quarter revenue on Friday that topped analysts’ expectations as net interest income surged almost 50% from a year ago on higher rates. Here’s what the company reported: Adjusted earnings: $4.32 per share vs. $3.41 per share Refinitiv estimate Revenue: $39.34 billion, vs. $36.19 billion The bank said profit jumped 52% to $12.62 billion, or $4.10 per...
I know that whenever something drops by 30 or 50 or 70 percent in one or two days it seems like you might be able to smash buy and ride the bounce back to the top, but just take a look at how well that worked out for tech stocks once the market started to correct at the end of 2021, or just take a look at how well that worked for Silicon Valley Bank dip buyers who...
Daily chart signal Trend trade 2IBK + long balance + support level + volumed ICE + volumed 2Sp + test + 1/2 correction + bullish bar closed entry Hourly chart formation Trend trade 2IBK + long balance + support level - low volume expanding ICE level + 1/2 correction + volumed Sp + weakness test + after bullish bar close same level entry Calculated affordable...
If you haven`t sold JPM here: Then looking at the JPM JPMorgan Chase & Co. options chain ahead of earnings , I would buy the FWB:124 strike price Puts with 2023-4-14 expiration date for about $1.35 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
PNC technically looks broken and on the verge of more downside. Can PNC pull a rabbit out of the hat this banking earning cycle? Or will the downside pattern prevail?
JPM after Bearishly Engulfing on the Monthly has formed a bit of a Head and Shoulders pattern while at the sametime forming a Bearish Dragon with some MACD Bearish Convergence as the RSI enters the Bearish Control Zone if price continues to do what it's doing i could see JPM making a full 0.886 Retrace.
Bounce off a local resistance, which I did not show, sinking in the phase of a possible B Wave. Very short term out look of a ~5% drop in stock price or more. ATR (moving) for Stop. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation...