January 12, 2024

RECORD PROFITS AT J.P. MORGAN – CHARGES AT BANK OF AMERICA DISAPPOINT; U.S. ATTACKS YEMEN – HOUTHIS VOW REVENGE

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Produce Price Index

Please click here for a chart of J.P. Morgan stock (JPM).

Note the following:

  • The Morning Capsule is about the big picture, not an individual stock.  The chart of JPM stock is being used to illustrate the point.
  • Earnings season has started in earnest.  The earnings reported this morning tend to have a major impact on the stock market.  Here are the details:
    • J.P. Morgan is the largest bank in the U.S. and the largest bank in the world by market cap. 
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