JPMORGAN EARNINGS: DISAPPOINTING HEADLINES BUT STRONG UNDER THE COVERS, BUY IF THERE IS A DIP $JPM
This post was just published on ZYX Buy Change Alert. JPMorgan stock is long from $34.14. JPMorgan stock is trading at $96.55. JPMorgan reported earnings this morning. Earnings Headline The headline numbers are disappointing and below the whisper numbers. Digging Below The Surface JPM is a very large bank with multiple functions. The disappointment is coming from the trading side, other business segments are strong. Buying Opportunity If there is a dip in the stock, it will likely be a buying opportunity. Rising interest rates and lower regulation are likely to help banks over the next two years. Zones And Buy Now Rating