JP Morgan Chase weekly (log)Hello commuté,
Weekly chart still in log with linear regression channels
The trend is magnificent, nothing to say it is indeed the first US bank.
The upward trend has been since 2011, it's crazy, right?
The 200-period simple average is in orange on the chart.
Make your opinion, before placing an order.
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Jamiedimon
Dire warning by $JPM CEO - We've been saying this for some time.Good Morning Update!!!!!!!
The real #economy is NOT represented by #equities or other public investments.
NYSE:JPM CEO has been vocal on what has been happening but this is his most dire warning in some time. Personally, am shocked this gets air play.
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#yield pumping a bit after "hotter" #inflation than expected reported.
2 things we've been saying for some time!!!!!!!
Be in #stocks but, Have Hard assets!!!
#gold #BTC #silver
Pls see our profile for more info!!!
JPM JPMorgan Chase Call OptionsIf you haven`t sold JPM here:
or here:
then you should know that JPM JPMorgan Chase seems to be most capitalized bank in the US, ready for the economic hurricane that its CEO, Jamie Dimon, predicted.
Most business and retail clients will move their funds to JPM after this bank run.
Looking at the JPM JPMorgan Chase options chain, I would buy the $140 strike price Calls with
2023-7-21 expiration date for about
$3.95 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
SPX Jamie Dimon: economic hurricane coming our way!Jamie Dimon, the JPMorgan Chase CEO:
"Right now it's kind of sunny, things are doing fine. Everyone thinks the Fed can handle this." "That hurricane is right out there down the road coming our way." "We just don't know if it's a minor one or Superstorm Sandy. You better brace yourself."
Jamie Dimon is predicting an economic "hurricane" caused by rising inflation, interest rate hikes and the war in Ukraine.
I have 2 scenarios: the most optimistic is that SPX formed and inverse head and shoulders chart pattern and it will close the year at the same level that it started it, around $4900.
And the worst case scenario is if Jamie Diamon is right and we are going lower after this bounce to the resistance.
In this case, the first strong support is $3400.
I see that it go lower only if oil stays higher than $140 - 150 for this year, then this is the strongest sign of a recession or if China invades Taiwan.
Looking forward to read your opinion about it.
JPM JPMorgan Chase & Co. Options Ahead Of EarningsIf you haven`t sold JPM after the profit fall:
Then you should know that looking at the JPM JPMorgan Chase options chain, i would buy the $104 strike price Puts with
2022-10-14 expiration date for about
$2.09 premium.
Looking forward to read your opinion about it.
JPM options ahead of earningsIf you haven`t shorted JPM after the Q1 results:
then ahead of Q2 earnings I would buy the following JPMorgan Chase & Co. (JPM) puts:
2023-1-20 expiration date
$113.19 entry price (approximatively)
$90 strike price
$3.15 premium/share
Looking forward to read your opinion about it.
QQQ Fed Rate Hike is Coming on June 15!If you haven`t noticed Jamie Dimon`s prediction:
Then you should know that The Federal Reserve is expected to raise interest rates by a half of a percentage point for the second consecutive time on June 15.
More rate hikes are likely in the coming months because consumer prices rose 8.6% YoY through May.
Inflation is at 40 year high!
Jamie Dimon, the JPMorgan Chase CEO:
"Right now it's kind of sunny, things are doing fine. Everyone thinks the Fed can handle this." "That hurricane is right out there down the road coming our way." "We just don't know if it's a minor one or Superstorm Sandy. You better brace yourself."
Jamie Dimon is predicting an economic "hurricane" caused by rising inflation , interest rate hikes and the war in Ukraine.
If oil reaches $140 - 150 this year, then this is the strongest sign of a recession or if China invades Taiwan.
Looking forward to read your opinion about it.
As Inflation Rises, So Do the Opportunities in CryptoInflation is here to stay. Part of the reason why the government was caught off guard was because the US has been offshoring manufacturing for years now and is no longer looped into things like supply chain issues that are happening thousands of miles away. What's likely to happen, and how can crypto benefit from it?
A massive sell off coming up, 50 % dropBlue lines are the average of BTC's most boring days. We stayed at 6400 for 2 months before it dumped to 3140, so let's say an estimate of 50 % drop. Now the story looks very similar, from 24th November till now we've been hanging around 3680, few dollars up and down which is caused by bots trading. So I can think of only one outcome. Another 50 % drop which will take us to 1900 support. I also used a triangle (pink lines) to make it more visible where we are at right now. My gut is telling me that a massive sell off will happen at the start of next week. I've been sitting in Tether since 4100 so let's see how this plays out.
Trades I've taken today! 5 traded 4 wins 1 loss! 10% today! Hi guys, I can't post 5 minute charts in the idea feed...
I am ultimately bearish on Bitcoin but think it will go up until Christmas Day... Most Retailers are short so I think thats the classic trick to do them in.. take it up to 4K and then it will resume the bearish slow trend to sub 1K for 2019.
In the meantime... I will be trading this bad boy on the M5!
I will show the backtest of my Japanese Candlestick strategy from 26 November 2018 to present in one of the video ideas. It did over 200%, I now analyse whether the buy signal or sell signal is above or below the previous signals.
In an uptrend you would expect the signals to be getting higher and higher and vice versa.
I look at the previous 15 candlesticks on M5 and then wait for 2 consecutive bearish candles to enter in on in a bearish trend, If I'm buying in a bearish trend I wait for the dump (current bearish candle body is bigger than all last 15 bearish candles bodies). Then I pull the trigger and use similar tactics for exiting.
Works like a charm!!!!! I'm expecting to make 25 to 75% a day on average, didn't see any losing days in the last 2 weeks (all data available).
DM if you need help trading this. Bitcoin to sub 1K - Ever wondered why Goldman Sachs set up a trading floor on Bitcoin Futures? To keep this thing 110% in lockdown by shorting the market! It only takes 100B in short contracts to halve it... and that keeps the fiat monetary system ticking along...