October 13, 2026

KOREA WAKES WALL STREET TO CHINA MEMORY THREAT; BROADCOM CEO EQUATES MOMO CROWD TO GAMBLERS; JPM WHIPSAWS

By Nigam Arora

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

Investors Get Jittery

Please click here for a chart of JPMorgan Chase 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.  JPM is the largest U.S. bank.
  • The chart shows the momo crowd was buying JPM stock on hopium ahead of earnings.
  • The chart shows when JPM reported earnings.
  • The chart shows the big drop in JPM stock on the earnings report.  Whisper numbers were running ahead of consensus numbers. 
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