JPMorgan Chase & Co. (JPM)

98.35
NYSE
Prev Close 98.56
Day Low/High 97.44 / 99.49
52 Wk Low/High 76.91 / 141.10
Exchange NYSE
Shares Outstanding 3047.60B
Market Cap 300.37B
P/E Ratio 13.27
Div & Yield N.A. (N.A)

Latest News

Novice Trade: JPMorgan Chase

Novice Trade: JPMorgan Chase

Dip buyers have come out recently when JPM slides below the century mark.

Time For Second Level Thinking?

* I believe so! * More evidence of a possible pivot from growth to value was seen today * I believe that pivot will continue (e.g.,banks should be the beneficiary of that pivot)   First Level Thinking: "The Fed will remain loose for years to come. T...

JP Morgan's Warning

JP Morgan warns of $200 billion of selling in equities at month end. A must read, here.   

Snowflake's IPO, Fed Day, Trading Adobe, Cut Kraft?: Market Recon

Snowflake's IPO, Fed Day, Trading Adobe, Cut Kraft?: Market Recon

The FOMC, and Powell himself, will have to address the central bank's plan to target average consumer level inflation over time.

New Buy (and Short) Levels

* My revised levels I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible. "When the time comes to buy, you won't want to." -- Walter Deemer "When the ...

Whale Watching, Winning Streak Ends, Nagging Questions: Market Recon

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?

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

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

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?

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

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

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

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

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

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

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

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

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

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

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 ...