This post was just published on ZYX Buy Change Alert. JPM is long from $34.14. It is trading at $64.90 in the pre-market as of this writing. JPM reported earnings better than consensus and significantly better whisper numbers. In view of good earnings, the buy zone is being raised to $54
Before making any investment decisions, investors are better off understanding some of the moves by professionals that are happening now at quarter-end and before Independence Day. The chart Let us start by looking at a tick chart of S&P 500 futures, gold futures and silver futures. Since most investors use
Since the great recession of 2008, I have often heard investors say that big banks have become zombie banks. They are alive because of government support, and the government will never let them make decent profits. The political rhetoric of this presidential campaign has also been very negative about big
This post was just published on ZYX Buy Change Alert. JPM is long from $34.14. It is trading at $60.50 as of this writing in the pre-market. This is a long-term position and is also part of the core model portfolio. As always there is considerable complexity in bank earnings. Overall
This post was just published on ZYX Buy Change Alert. The position is long with an average price of $34.14. As of this writing JPM is trading at $58.22. The current hedging program is profitable. This is a very long-term position. The buy zone remains $52.00 to $56.31 Target zone remains $78.00 to
This post was just published on ZYX Buy Change Alert. The position is long with an average price of $34.14. As of this writing JPM is trading at $60.25. Currently, 10% of the full core position size is being held and there is also a trade around position. The current hedging program
This post was just published on ZYX Buy Change Alert. JPM is long from $34.14. As of this writing it is trading at $68.61. JPM reported earnings better than expectations. The target zone remains $78 to $83. The buy zone remains $58 to $64.57, preferably below $62.70. JPM is one of the largest
This post was just published on ZYX Buy Change Alert. JPM is long from $34.14. As of this writing it is trading at $69.58. We are raising the target zone $78 to $83. The new buy zone is $58 to $64.57, preferably below $62.70. What To Do Now? Those in the stock may
This post was just published on ZYX Buy Change Alert. JPM is long from $34.14. As of this writing it is trading at $63.31. The buy zone remains $46.14 to $50.41 and target zone remains $65 to $70. JPM earnings were slightly better than expectations. What To Do Now? Those in the
This post was just published on ZYX Buy Change Alert. Banks in our portfolio include BAC, BBD, C, ITUB, JPM, SAN, and ZION. The Swiss National Bank removing franc’s peg to euro resulted in extreme volatility in forex. The impact on the banks in our portfolio is not know at this time. It is