JPMORGAN: UPDATE ON THIS MONEY CENTER BANK AFTER EARNINGS $JPM $C $BAC
This post was just published on ZYX Buy Change Alert JPMorgan (JPM) is long from $34.14. It is trading at $99.50 as of this writing. JPM reported earnings lower than consensus but in line with the whisper numbers. Earnings were hurt by volatility in bond trading. This is likely to be a temporary phenomenon. The company also pays a dividend of 3.19%. ‘Buy Now’ Rating For those following the ‘Good Way,’ the ‘Buy Now’ rating is ‘YES.’ Zones For those following the ‘Best Way,’ the buy zone is $91 to 100.88. The target zone is $145 to $155. The recommended position size is 20 – 40%. What