May 21, 2024

By Nigam Arora & Dr. Natasha Arora

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

Important Message

Please click here for a chart of JPMorgan 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.
• JPMorgan is the largest bank in the world by market capitalization.  JPMorgan CEO Jamie Dimon is the smartest banker in the world.
• The chart shows that JPM stock has been running up.
• RSI on the chart shows that JPM stock had become very overbought.