| Prev Close | 134.83 |
| Open | 132.69 |
| Day Low/High | 132.20 / 134.40 |
| 52 Wk Low/High | 76.91 / 142.75 |
| Volume | 12.92M |
JPMorgan Chase & Co. (JPM)
133.79
1.04
0.77
NYSE
| Exchange | NYSE |
| Shares Outstanding | 3048.20B |
| Market Cap | 414.46B |
| P/E Ratio | 17.75 |
| Div & Yield | N.A. (N.A) |
Whale Watching, Winning Streak Ends, Nagging Questions: Market Recon
Plus, an early look at third-quarter earnings expectations and an admonition to heed the words of Arthur Cashin.
From The Street of Dreams
Deutsche Bank upgraded Bank of America and JPMorgan this morning to buy.
Apple Still King, Dow Shell Game, More Market Faith, Renewed China Talks?
Monday's market action was in no way similar to that recent disparity between the 'haves' and 'have nots.'
I Don't Have Confidence in the Fed to Take the Actions Needed
When the banking system is not healthy at its core, neither is the stock market regardless of its current price level.
Today's Trades
* Offering more and on the short side * Added to at $23.70 * Bidding for more and * Bidding for more puts * Bidding for more (there was a brokerage downgrade yesterday) __________ Long WFC (large), SPY puts, SDS (large), SJM (large), BAC (large), J...
I Like the Cut of This Financial's Jib
Right now, the financials seem to feel a little bit like owning a boat.
Jim Cramer: What 'V'-Shaped Recovery?
Don't confuse what's happening on the S&P with the nation's economy.
Berkshire Hathaway Makes Moves in Banks and Gold
* Buffett clearly remains cautious about the overall markets * Neither the purchase of a gold stock or some reductions in Berkshire's bank holdings seem meaningful * Here is why... This weekend Berkshire Hathaway announced the changes in its portfo...
A Walk on the Wild Side, the Fed, Emerging Risk, Buffett's Gold: Market Recon
Markets are possibly fine until either growth or inflation force the Fed to change guidance on interest rates.
Robinhood and Gang Are Not Really Looking Out for the Little Guy
Online brokers like Robinhood are not making trading so easy because they love your account balance, but because they depend on it for profitability.
Elections and Stocks: Party Performance, Predicting and Potential Market Winners
The market's performance in the three months leading up to a presidential election has displayed an uncanny ability to forecast which party will win the White House.
Jim Cramer: It's Dangerous Down Here in the Trough
But that's exactly where we are right now, in this third day of the rotation, so here's your path to safety.
Make a Run for the Banks
Here's a play in the Financial Select Sector SPDR Fund as its approaches $25.
Jim Cramer: What Happens in a Bull Market Is That Stocks Move Up on Nothing
Isaac Newton's first lesson: An object in motion stays in motion with the same speed and in the same direction unless acted upon by an unbalanced force.
The Reports of the Banking Industry's Death Are Greatly Exaggerated
* Between Monday and Wednesday Berkshire Hathaway lifted its Bank of America stake by 34 million shares (to 982 million shares) * BAC is my second favorite bank stock "The reports of my death are greatly exaggerated." - Mark Twain Following a rumor ...
JP Morgan West?
The new Wells Fargo team, many from JP Morgan , is getting stronger and stronger.
Jim Cramer: Non-Traditional Banks Are Starting to Pull Away From the ETFs
Overall, the banks failed you again. But the future for two of them is much brighter than the past.
Jim Cramer: Let's Talk About the Big Winners in the Housing Market
For housing, lower rates have the biggest multiplier impact of any industry in the country.
Bank of America Remains Attractive
* BAC is my second favorite bank stock BAC reported second quarter profits of $0.37/share, well above consensus of $0.29. The EPS upside was due to a lower than expected loan loss provision ($3.6 billion) and a reduced tax rate - not optimal, from...
Jim Cramer: An Analyst's Dream
All we have to do is take our cue from companies that boosted their forecasts but their stocks did nothing.
Don't Bank on Banc of California's Dividend Staying Intact
The bank was turning in disappointing performances before Covid-19 hit, and the impact of the virus may only make things tougher.
Who Ya Gonna Believe, Them or the Markets' Seductive Lying Eyes?
* Look to the ground (as bank managements are), not to the sky * Most investors should consider taking a "time out" and maintain above average cash reserves "Who ya gonna believe, me or your lying eyes?" - Groucho Marx, Duck Soup While the focus ...
When Value Leads, the Market Bleeds
As money rotates out of growth, it indicates concern about valuation and that is not a bullish development.
Jim Cramer: I Think Goldman Sachs Is an Amazing Buy
The fact that Goldman can make this much money in this environment is extraordinary. It's too cheap.
Citigroup Remains My Favorite Bank Stock
In late June I last updated Citigroup , in Citigroup In A Post Covid World. Then I wrote: ...Since then, the world has changed - and so have Citigroup and other banks' share prices. 2020 for Citigroup, as with other large money center banks, will...
Jim Cramer: Here's My Sore Thumb Index
This is how you can tell which camp is winning and which is losing in this time of Covid-contradiction.
Citigroup and Wells Fargo
Citigroup's results, much like that of JPMorgan , shows a nice beat. Wells Fargo , not surprisingly, disappoints. I will have more on both - but I have to digest and go thru a series of conference calls.
JPMorgan Chase Gave Positive Clues Before Its Earnings Beat
However, the longer-term picture for the bank giant's shares is clouded by questions about volume and buyers' commitment to the stock.
The Case for Bank Stocks Remains Strong and Intact
* Bank stocks, viewed as intermediate term investments, are now uncommonly cheap * My June 5 expectation for "backing and filling" in the group has been realized * This week's EPS reports could mark the industry's nadir in operating fundamentals * G...
