JPM / JP Morgan - Don't Gamble On Regional Banks
Updated
I know that whenever something drops by 30 or 50 or 70 percent in one or two days it seems like you might be able to smash buy and ride the bounce back to the top, but just take a look at how well that worked out for tech stocks once the market started to correct at the end of 2021, or just take a look at how well that worked for Silicon Valley Bank dip buyers who found their shares worth $0 in a few hours.
JP Morgan and the other big American banks aren't just "big American banks," but the financial arm of the United States' military industrial complex. Moreover, they're something that's become a pillar of the entire world's financial ecosystem. The heart of the world's economy is in Manhattan, but they're also the ones responsible for providing a financial life line (a blood transfusion) to the Chinese Communist Party all of these years.
Here's some things everyone should think about:
1. Regional banks are not a buy, because they need to be eliminated for Central Bank Digital Currencies
2. SWIFT itself is expanding its CBDC platform pilot globally after a test run that involved a JP Morgan-created centralized fork of Ethereum.
3. CBDCs are required for the global implementation of the CCP's social credit credit system
4. CBDCs mean citizen and small business banking becomes centralized in Federal Reserve proxy accounts ran through the biggest banks
5. Welcome to communism. The purpose of all of this is to install communism for the purposes of attempting to change the human living condition.
Credit Suisse is probably going to implode for real and that's going to cause some chaos for the markets. This play is pretty much a mirror of the 2008 GFC with Bear Sterns, which everyone would do well to educate themselves on how that went down.
The problem with Central Bank QE isn't all the Libertarian crap you've been told. The problem is that deposits are a liability for banks because they have to pay interest on them, and so they need to seek yield. Seeking yield on a very large position is very hard, because guys like JPM and Blackrock and Vanguard happen to make the markets, and markets are a euphemism for a casino, and casinos are zero sum games where there's a small number of winners and a large number of losers.
And so when there's no interest rates, banks have to take risks to generate cashflow to pay interest to the very, very large depositors. When QE was hot that seemed to have meant long bonds, long equities. And then the Fed raised rates 5 percent while they were holding a lot of equities and bonds and now those bonds and equities aren't worth very much.
So they're red on their positions and can't HODL through it because of bank runs and go under.
It's as simple as that and it was an engineered play for smaller banks to be destroyed and then the big banks buy the liquidations.
It's the same as how whales kill sharks by holding them upside down in the water, which makes them disoriented and paralyzed, and then the whales eat their livers and leave them to die.
JPM on the monthly is not likely to have topped and gives you no reason to think there's a financial crash or any real bearishness brewing:
Yet the weekly shows you confluence between Fib levels and gaps, and that it's just too early to go long, and kind of scary to scalp short to boot:
JPM's double tops at $145 made very little sense at the time, and that's because, in my opinion, they were short their own stock under $150 in anticipation of what everyone who's running big data analysis for real knew, that SIVB and SBNY and SI would collapse, that CS was a bloated corpse in the river that the Swiss National Bank couldn't save, and that it was time to start taking down the regional banks by using the crisis as an opportunity.
Naturally, being a bank and part of the sector, this will give grounds to make JPM's shares drop, so they just sell, and then buy back, and then give themselves bonuses and go for happy hour with cocaine and strippers when the drama is over because someone buys CS and the Fed pauses hikes, and they pump their own stock back to $200.
Another thing is that the narrative is that equities are *going2themoon* because the Federal Reserve just HAS to stop hiking rates now. Look at how much damage the rate hikes caused! They just have to stop hiking now!
They probably won't. FOMC hasn't led to a dumpster fire in quite a few months and you should be concerned about that.
After Wednesday's FOMC, the next one afterwards is May 2. Expect them to pivot then, not now, and for May, June, July to become another "most hated rally" for bears.
Except this time it won't be a bear market rally, but a bump and run reversal, that pumps tech and other dumpster trash to a new ATH that makes bears blow their accounts.
Look for longs in the $110 range on JPM and expect the October bottom to hold, because it's called a pivot for a reason, sons.
It's JP Morgan. This kind of disaster in the markets today was arranged by them, and is not something they're personally subject to.
The disasters that lie ahead for the current regime because of what they've been doing to help the CCP as it persecutes Falun Gong over the last 24 years are retribution that they haven't arranged and that nobody can dodge, and something that will catch the entire market off guard.
But for now, you can get $40 a share if you buy in the 110s and sell at $150. And the time horizon is probably literally no later than the end of May, too.
Don't go long on regional banks. Go long on the big banks. And then get out and be careful, because everything in this world is about to change very quickly, and human beings are not going to be able to bear the terribleness of what happens when the regime goes to install communism worldwide.
JP Morgan and the other big American banks aren't just "big American banks," but the financial arm of the United States' military industrial complex. Moreover, they're something that's become a pillar of the entire world's financial ecosystem. The heart of the world's economy is in Manhattan, but they're also the ones responsible for providing a financial life line (a blood transfusion) to the Chinese Communist Party all of these years.
Here's some things everyone should think about:
1. Regional banks are not a buy, because they need to be eliminated for Central Bank Digital Currencies
2. SWIFT itself is expanding its CBDC platform pilot globally after a test run that involved a JP Morgan-created centralized fork of Ethereum.
3. CBDCs are required for the global implementation of the CCP's social credit credit system
4. CBDCs mean citizen and small business banking becomes centralized in Federal Reserve proxy accounts ran through the biggest banks
5. Welcome to communism. The purpose of all of this is to install communism for the purposes of attempting to change the human living condition.
Credit Suisse is probably going to implode for real and that's going to cause some chaos for the markets. This play is pretty much a mirror of the 2008 GFC with Bear Sterns, which everyone would do well to educate themselves on how that went down.
The problem with Central Bank QE isn't all the Libertarian crap you've been told. The problem is that deposits are a liability for banks because they have to pay interest on them, and so they need to seek yield. Seeking yield on a very large position is very hard, because guys like JPM and Blackrock and Vanguard happen to make the markets, and markets are a euphemism for a casino, and casinos are zero sum games where there's a small number of winners and a large number of losers.
And so when there's no interest rates, banks have to take risks to generate cashflow to pay interest to the very, very large depositors. When QE was hot that seemed to have meant long bonds, long equities. And then the Fed raised rates 5 percent while they were holding a lot of equities and bonds and now those bonds and equities aren't worth very much.
So they're red on their positions and can't HODL through it because of bank runs and go under.
It's as simple as that and it was an engineered play for smaller banks to be destroyed and then the big banks buy the liquidations.
It's the same as how whales kill sharks by holding them upside down in the water, which makes them disoriented and paralyzed, and then the whales eat their livers and leave them to die.
JPM on the monthly is not likely to have topped and gives you no reason to think there's a financial crash or any real bearishness brewing:
Yet the weekly shows you confluence between Fib levels and gaps, and that it's just too early to go long, and kind of scary to scalp short to boot:
JPM's double tops at $145 made very little sense at the time, and that's because, in my opinion, they were short their own stock under $150 in anticipation of what everyone who's running big data analysis for real knew, that SIVB and SBNY and SI would collapse, that CS was a bloated corpse in the river that the Swiss National Bank couldn't save, and that it was time to start taking down the regional banks by using the crisis as an opportunity.
Naturally, being a bank and part of the sector, this will give grounds to make JPM's shares drop, so they just sell, and then buy back, and then give themselves bonuses and go for happy hour with cocaine and strippers when the drama is over because someone buys CS and the Fed pauses hikes, and they pump their own stock back to $200.
Another thing is that the narrative is that equities are *going2themoon* because the Federal Reserve just HAS to stop hiking rates now. Look at how much damage the rate hikes caused! They just have to stop hiking now!
They probably won't. FOMC hasn't led to a dumpster fire in quite a few months and you should be concerned about that.
After Wednesday's FOMC, the next one afterwards is May 2. Expect them to pivot then, not now, and for May, June, July to become another "most hated rally" for bears.
Except this time it won't be a bear market rally, but a bump and run reversal, that pumps tech and other dumpster trash to a new ATH that makes bears blow their accounts.
Look for longs in the $110 range on JPM and expect the October bottom to hold, because it's called a pivot for a reason, sons.
It's JP Morgan. This kind of disaster in the markets today was arranged by them, and is not something they're personally subject to.
The disasters that lie ahead for the current regime because of what they've been doing to help the CCP as it persecutes Falun Gong over the last 24 years are retribution that they haven't arranged and that nobody can dodge, and something that will catch the entire market off guard.
But for now, you can get $40 a share if you buy in the 110s and sell at $150. And the time horizon is probably literally no later than the end of May, too.
Don't go long on regional banks. Go long on the big banks. And then get out and be careful, because everything in this world is about to change very quickly, and human beings are not going to be able to bear the terribleness of what happens when the regime goes to install communism worldwide.
Note
So, you want to gambool for the MOASS on regional banks?You'll get carried out in a body bag.
Note
I'm quite serious about regional banks needing to be displaced for CBDCs. They are coming. On the 15th, the Federal Reserve announced that the FedNow Service would be launched.visiontimes.com/2023/03/20/fednow-service-launches-july-prelude-cbdcs.html
FedNow Service is this sort of centralized blockchain with 20 second settlements that runs transactions between banks centrally through the Federal Reserve instead of through each other.
And it has blacklists for anti-fraud.
Note
JPM setting up for back to back ultra low range days, with today being a gap.I'm not sure what narrative is supposed to dump equities at this point. FOMC 50 bps? 50 isn't consistent with the Fed's recent modus. 25 is.
Tough call.
Note
This is kind of what I meant about how it's too early to go long on JPM and trading short is pretty dicey.What do you do with this price pattern? If you go short/puts how do you know it doesn't sweep the lows and then go up because the MM is still selling and not looking to buy under range equilibrium?
Trading on FOMC day sucks 6/10 times.
Note
The changes in the bank sector can be seen in the leveraged bank ETFs. Regional banks are going away and big banks are going to boom.Watch for more collapses next week and early April and then totally ignore them and go long on big banks.
Be wary tech stocks with the exception of TSLA, AAPL, and NVDA
At least, that's my opinion.
Compare:
Regional bank 3x leverage ETF
Large cap bank 3x leverage ETF
One's a dip to buy and the other is telling you it's going to zero.
Note
Here's how awesome chasing the MOASS was on SBNY and SIVB.From $280 to 28 cents, babbyyyy.
Note
JPM should definitely not be setting a new high yet unless the intention is to crash the banking sector.And I find that to be impossible. This isn't ENVX or Roblox lol.
Flagging under the pivot and staying around 50% for days was a big tell.
So frankly, there's risk, but this pop is probably a great one to short.
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