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
This post was just published on ZYX Buy Change Alert. JPM is long from $34.14. As of this writing it is trading at $55.63. The earnings were worse than expected. What To Do Now? Those in the stock may consider continuing to hold. Those not in the stock may wait for a
This post was just published on ZYX Buy Change Alert. The position is long with an average price of $34.14. The stock is trading at $58.15 as of this writing. The earnings are in line with our expectations. What To Do Now? Those in the stock may continue to hold. Those
This post was just published on ZYX Buy Change Alert. JPM earnings are quite complex, but overall better than expectations. What To Do Now? Those holding JPM may continue to hold. Those not in JPM may wait for a dip in the buy zone previously given or a signal on the Real Time Feed.
It was not long ago that Jamie Dimon, CEO of J.P. Morgan, was considered the golden boy of American banking. After all, he had guided the bank mostly unscathed through the financial crisis of 2008. Then last year, the London Whale crisis erupted. Bruno Iksil, a London-based J.P. Morgan trader
Yesterday after the close, Google GOOG (GOOG) reported earnings of $9.56 per share, excluding items, compared to consensus of $10.78. Revenues came at $14.11 billion compared to the consensus forecast of $14.40 billion. Operating margins came at 28% compared to 33% for the same quarter in 2012. As I listened to Google’s
This post was just published on ZYX Buy Change Alert. JPM is long from $34.14. As of this writing the stock is at $49.22. JPM earnings were slightly disappointing. What To Do Now? Those in the stock may continue to hold. Those not in the stock may wait for a signal on the
There has always been a debate about who was the real genius behind Apple Stores. Was it Steve Jobs or Ron Johnson? Now the debate is settled. The debacle at J.C.Penney strongly suggests that the real genius behind Apple Stores was Jobs, not Johnson. Unlike other disciplines, to be a genius in business, one
Yesterday after the market close, the Federal Reserve announced the results of Comprehensive Capital Analysis and Review (CCAR). In CCAR, the Fed evaluates capital ratios under distressed financial and economic conditions, the plan to comply with Basel 3 capital requirements, and the capital planning process. The Fed approved capital plans