JPMorgan Chase

  • JPM

  • $222

  • +4.34%

  • $216

  • $225

  • $215

Granny Shots

Ticker Appearances

Fri, October 11, 2024 | 9:44AM ET

⚡ FlashInsights

Fri, October 11, 2024 | 9:44AM ET
Mark
Mark L. Newton, CMT AC

Head of Technical Strategy
🔥 🔥 🔥
Bank earnings have gotten off to a very good start, with JPM 4.34%  having beaten 3rd Q results and raised key metric in its 2024 guidance. WFC 5.61%  also beat expectations on profit as did BK -0.83% . Many fundamental analysts are calling JPM's net interest income of $23.4 b a "huge beat", even when mgt tempered expectations. BK monthly charts, shown here, exceeded all-time highs and have achieved a huge 2 decade breakout back to new all-time highs which happened back in July. Price is up at 75 and very stretched but could get to 78. BK is one where it would be better to buy weakness in the high $60's. However, entire Financial sector broke out earlier this week and bodes well for outperformance, which at 12.5% of SPX, is important as a tailwind for the market
Tickers

Daily Technical Strategy
Tue, September 10, 2024 | 7:30PM ET
Mark
Mark L. Newton, CMT AC

Head of Technical Strategy

Banks' losses aren’t that concerning technically following August’s gains

FOR THOSE WHO MISSED IT, YOU CAN VIEW MY YAHOO FINANCE APPEARANCE (09/10) HERE. SHORT-TERM TRENDS FOR US EQUITIES REMAIN NEGATIVE AND INSUFFICIENT TECHNICAL STRENGTH...

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First Word
Tue, June 25, 2024 | 7:29PM ET
Tomlee
Tom Lee, CFA AC

Head of Research

GRANNY SHOTS: June 2024 Super Granny update

TO DOWNLOAD THE SLIDE DECK FOR OUR GRANNY SHOTS WEBINAR, PLEASE CLICK HERE. SUPER GRANNIES: 5 SUPER AND 5 SLEEPER “Super Grannies” (most timely) and...

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Daily Technical Strategy
Mon, May 20, 2024 | 10:46PM ET
Mark
Mark L. Newton, CMT AC

Head of Technical Strategy

Super Granny-Shot Technicals

TECHNICAL RECAP FOR MONDAY, 5/20: EQUITY TREND BULLISH BUT A BIT OF AN UNEVENTFUL START TO THE WEEK OUTSIDE OF TECHNOLOGY PERFORMANCE, WHICH FOLLOWING A...

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