JPMorgan Chase & Co. (JPM)

167.83
NYSE
Prev Close 171.40
Day Low/High 167.34 / 170.70
52 Wk Low/High 95.24 / 172.96
Exchange NYSE
Shares Outstanding 2988.16B
Market Cap 512.17B
P/E Ratio 17.47
Div & Yield N.A. (N.A)

Latest News

Bank Stocks No More

Based on price - premium to net tangible value - I am eliminating my long standing long in .  Citigroup's quarter was unsatisfactory, more on that next week, and I have also sold that position.  I now own no bank stocks.

Here's Why I'm Long Wells Fargo and Bank of America

Here's Why I'm Long Wells Fargo and Bank of America

Still, my favorite financial name at the moment is SoFi Technology as I believe that they have all of these banks in their sights.

Several Moves

Banks rolling over after beats. Brokers initial gap turns into losses. FAANG gains moderating. Getting more serious on short side. Shorted at $44.17 against my and longs.

Recommended Reading

Run don't walk to read Sarge's column on JP Morgan  .  It's a must read and I agree with all of his analysis and with his conclusion.

I Just Don't Love JP Morgan Stock Right Now

I Just Don't Love JP Morgan Stock Right Now

JPM reported the firm's third quarter financial performance and the unofficial start of earnings season is officially underway.

Market Volatility, Fed Speak, Earnings, Treasury Bonds, Trading Apple

Market Volatility, Fed Speak, Earnings, Treasury Bonds, Trading Apple

There probably will be an intense period of market volatility that could stretch farther out than even I projected a couple of months ago.

BlackRock Looks Solid Ahead of Earnings

BlackRock Looks Solid Ahead of Earnings

The charts appear positive so far for BLK.

Why I Would Be Cautious on Banks Going Into Reporting Season

Bank stocks are among the most favored value plays of many money managers and strategists based on the fact that the industry is a direct beneficiary of higher interest rates.  This is indeed true - as banks are balance sheet and income statement se...

Technical Conditions Remain Difficult as Banks Kick Off Earnings Season

Technical Conditions Remain Difficult as Banks Kick Off Earnings Season

While rates are playing havoc with growth stocks, there is other rotational action going on.

Western Alliance Is Making an Upside Breakout

Western Alliance Is Making an Upside Breakout

Let's review the charts and indicators.

Time to Make Bank on the Higher Highs of JP Morgan

Time to Make Bank on the Higher Highs of JP Morgan

Here are our target prices.

A Series of Fortunate Events, Fiscal Cliff, Powell's Prospects, 4 Trading Notes

A Series of Fortunate Events, Fiscal Cliff, Powell's Prospects, 4 Trading Notes

Market volatility could spike in late November/early December just as liquidity walks away. Keep that in mind.

Banks Have Vault-ed Ahead, but Should They Keep Investors' Interest?

Banks Have Vault-ed Ahead, but Should They Keep Investors' Interest?

Bank stocks have been big winners this year, but is there room left to run?

DC Fiscal Freak Show, China Trade, The Week Ahead, My Market Rules

DC Fiscal Freak Show, China Trade, The Week Ahead, My Market Rules

Having a debt ceiling is foolish, it only ever matters to the party currently out of power and never really does what it was intended to... curb federal spending.

Jim Cramer: The Best of Breed Always Get It Right, But Can Facebook?

Jim Cramer: The Best of Breed Always Get It Right, But Can Facebook?

Companies don't become best of breed unless they are the best in everything they do. Facebook hangs in the balance.

A Peculiar Week, Political Maelstrom, Q3 Earnings Season, Time to Sell Nvidia?

A Peculiar Week, Political Maelstrom, Q3 Earnings Season, Time to Sell Nvidia?

The real crisis is not that the Evergrande story will be back, but that China isn't able and politically willing to be the global driver of economic growth it has been.

Checking on the Banks, Bulls

I do not share the growing optimism on bank stocks ("price has a way of changing sentiment") -- and I don't see a new bull market leg in the space.   Indeed, I see reward vs. risk deteriorating moderately in this week's advance.   I have taken a pro...

Making 3 Bids

I am bidding for , , and slightly below the market.

Thoughts on Afghanistan, Monthly Winning Streak, Repo Man, Buy Now, Pay Later

Thoughts on Afghanistan, Monthly Winning Streak, Repo Man, Buy Now, Pay Later

One day, either the Modern Monetary Theorists will be right, or the fiscal hawks will prove correct. Count me with the hawks.

Jim Cramer: I'm 'Fed' Up With This Lazy Investing Advice

Jim Cramer: I'm 'Fed' Up With This Lazy Investing Advice

The whole notion of the grand inquisitor Fed is out of whack with reality. Here's what you should be watching, instead.

Taking Some Off JPM, C

After a wonderful run and keeping with my ursine market view, I just took off some and longs at $161.10 and $73.82, respectively.

Square's Most Significant Opportunity Is Still in Mobile Payments

Square's Most Significant Opportunity Is Still in Mobile Payments

For investors, mobile payments could represent a chance to get in early on a trend that is likely to accelerate in the future.

Jim Cramer: The Stocks That Attract the Buy Now, Pay Later Younger Investor

Jim Cramer: The Stocks That Attract the Buy Now, Pay Later Younger Investor

They are all chasing the same people, the millennials.

U.S., Chinese Regulators Work on Framework to Protect Investors

U.S., Chinese Regulators Work on Framework to Protect Investors

Are the stock watchdogs really able to put the necessary disclosures in place, given the anti-business sentiment coming from the very top?

My Long Book

Some of my longs that I have mentioned recently include , , , , , , (spec), (spec), , , , , and .

Added to 4 Stocks

Added to , , and longs.

Trading and Investing Without Emotion

* Trading and investing can sometimes be as seen as much as art as science * To me, both trading and investing should be embarked upon dispassionately, enforced and supported by a sense of where value resides * Some technicians see the recent rollov...

Sifting Through the Wreckage, One Ugly Chart, Holding the Line, Netflix Preview

Sifting Through the Wreckage, One Ugly Chart, Holding the Line, Netflix Preview

IBM beat expectations and the complexion the overnight mood changed. But will the mood change hold?