In the wake of last week's unexpected setback for JPMorgan Chase's stock, investors are presented with a perplexing narrative. Contrary to expectations, the banking giant refrained from revising its 2024 revenue guidance, leading to a notable 6% drop in share price. Yet, beneath this seemingly negative surface lies a compelling investment opportunity, driven by...
Amidst a 6% surge in profit, JPMorgan Chase ( NYSE:JPM ) faces a rocky road ahead as its interest income forecast falls short, resulting in a 4.82% stock plummet. Despite the bank's robust financial performance in the first quarter, JPMorgan's ( NYSE:JPM ) projection for income from interest payments failed to meet analysts' expectations, triggering a dip in its...
If you haven`t bought JPM before the previous earnings: Then analyzing the options chain and the chart patterns of JPM JPMorgan Chase & Co prior to the earnings report this week, I would consider purchasing the 170usd strike price in the money Calls with an expiration date of 2024-4-19, for a premium of approximately $28.00. If these options prove to be...
JPMorgan Chase & Co. has recorded a surge in its all-time high amidst market volatility, currently trading at $200 per share with a Positive Relative Strength Index (RSI) of 72.90. With U.S. stocks experiencing one of their best six-month runs in over a decade, JPMorgan Chase & Co. ( NYSE:JPM ) is at the forefront of this market momentum. The financial giant's...
Dimon's recent divestment of 821,778 shares of common stock, worth approximately $150 million, underscores a larger strategy unveiled last October. This calculated maneuver, meticulously executed under the guidelines of SEC Rule 10b5-1, demonstrates astute foresight and confidence in the company's trajectory. Despite the divestment, Dimon and his family retain...
In the intricate dance of finance, JPMorgan's fourth-quarter 2023 results unveil a narrative of resilience, strategic prowess, and a cautious gaze toward potential headwinds. As the behemoth financial institution reported adjusted earnings of $3.97 per share, surpassing expectations, CEO Jamie Dimon's reflections on the U.S. economy's resilience and his...
In a recently released financial outlook for 2024, JP Morgan, a global leader in financial services, has presented a cautious stance on the cryptocurrency industry. Despite the approaching Bitcoin halving event, the bank anticipates Ethereum (ETH) outperforming Bitcoin (BTC) in the coming year. This forecast emerges amidst heightened anticipation and speculation...
JPM may be overbought on the 1D technical outlook (RSI = 82.199, MACD = 3.72, ADX = 70.645) but is extending the bullish leg of the 14 month Channel Up. It sits comfortably over its middle and calls for an extension. We will enter on the closing of the first red 1D candle and target the 1.618 Fibonacci extension (TP = 174.00), which was the December 1st 2022...
My SSG system produced a sell signal on JPM. Volatility not so attractive to short calls imho, so I am looking into buying puts currently, maybe financed by a short call...
JPMorgan Chase (NYSE:JPM) has reported adjusted revenue for the third quarter of $40.69 billion, topping Bloomberg consensus estimates of $39.92B.
The commercial bank JPMorgan tested the Tokenized Collateral Network (TCN) system for tokenizing collateral, conducting a real transaction between the financial giants BlackRock and Barclays. TCN converted shares of one of the investment funds into corresponding tokens, which were then used as collateral for an over-the-counter derivative deal between the two...
JPMorgan Chase - 30d expiry - We look to Buy at 150.35 (stop at 146.75) The primary trend remains bullish. A Doji style candle has been posted from the base. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Daily signals are bullish. A break of the recent high at 150.25 should result in a further move...
JP Morgan Chase is trading inside a Channel Up and the most recent HL was on September 8th. Yesterday the 1D MACD formed a Bullish Cross and one last buy validation signal remains, crossing over the 1D MA50. The 1D technical outlooks already just turned bullish (RSI = 55.829, MACD = -1.250, ADX = 38.742) so we will buy that 1D MA50 cross and aim at a +16% total...
JPMorgan Chase - 30d expiry - We look to Buy at 150.22 (stop at 147.22) The primary trend remains bullish. A Doji style candle has been posted from the base. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Daily signals are bullish. A break of the recent high at 150.10 should result in a further move...
Hi, according to my analysis of .jp morgan stock. There is a fantastic long term investment opportunity. Especially with the price breaking the resistance area at the level of 144. Likewise, the stock exited the sideways channel. We also notice a rising channel as shown in the analysis. good luck for everbody .Note: If you like this analysis, please give your...
JPMorgan Chase's Strategic Brilliance: Capitalizing on Opportunities Amid Rising Interest Rates JPMorgan Chase has proven itself to be a master of foresight and exceptional management, evident in their strategic moves over the past years. In 2021, the bank took proactive measures by building up cash reserves, anticipating a potential rise in interest rates....
If you haven`t sold JPM here: or bought it here: Then analyzing the options chain of JPM JPMorgan Chase prior to the earnings report this week, I would consider purchasing the 145usd strike price Calls with an expiration date of 2023-7-21, for a premium of approximately $4.15. If these options prove to be profitable prior to the earnings release, I would sell...
JPMorgan Chase - 30d expiry - We look to Buy at 143.33 (stop at 140.33) The primary trend remains bullish. This is currently an actively traded stock. Price action continues to trade around significant highs. Previous resistance at 144 now becomes support. We look to buy dips. This stock has seen good sales growth. Our profit targets will be 150.83 and...