Get started

Jpmorgan

JP Morgan (JPM) Post Earnings PullbackFor certain stocks I have Spike alerts setup on multiple timeframes to find opportunity. Today a Spike Alert triggered on the 2 Hour Swing Timeframe for NYSE:JPM . Where this spike in the opening morning price is occurring is at the 50% Pullback to the post Earnings rally. I was able to put on a position at the 50% proper this afternoon. This sets up a very low risk entry to play a move back to retest to highs of the post-earnings rally and beyond.
NYSE:JPMLong
by norok
3
JPMorgan Chase | Fundamental Analysis | MUST READ | SHORT 🔔JPMorgan Chase, the largest U.S. bank by assets, upset the market last week when it reported second-quarter earnings that fell short of analysts' expectations. The bank also suspended share repurchases to raise capital to prepare for higher capital requirements in 2023 and 2024. After these two setbacks, is it still safe to buy the bank's stock? JPMorgan's main second-quarter numbers are certainly not what investors wanted to see, but still, most of them were expected. The Federal Reserve's annual stress test and consistent warnings from JPMorgan management told anyone who paid attention that capital requirements would increase, leaving the bank with less excess capital to distribute to shareholders. The bank still has a tremendous amount of capital but has essentially become a victim of its own success as the bank's growing size and other factors have led to higher regulatory capital requirements. Incredibly strong corporate and investment bank JPMorgan Chase also posted its least profitable quarter in the past five quarters, posting a profit of about $3.7 billion. Investment banking fell sharply as events such as initial public offerings (IPOs) did not take place this year amid market volatility and uncertainty. Investment banking revenues fell by nearly $2.1 billion from the same quarter last year. Nevertheless, JPMorgan maintained its No. 1 position in the investment banking sector in terms of wallet share. Although the bank fell short of forecasts, there were a few positives to note in the quarter. Lending continued to grow, and net interest income ( NII) - the profits that banks make from loans, securities, and cash - also grew. Total average loan balances were up 2% from the previous quarter and up 7% year-over-year. Credit card balances jumped 9% in the quarter and rose 17% year over year. Commercial loans at the end of the period were also up 4% quarter-over-quarter and 10% year-over-year, with particular growth in the mid-market banking sector. Banks are also in the most aggressive increase in interest rates not seen since the Great Recession. NII was $15.2 billion in the quarter, up $1.3 billion from the first quarter. In addition, management raised its NII forecast and now expects NII, excluding market-related NII, to be $58 billion for the year, up from the previous forecast of $56 billion. Credit quality so far remains very high, and management also maintains its forecast for spending at $77 billion for the year. Although the forecasts fell short, JPMorgan still posted a 17% return on tangible total equity (ROTCE), which is the bank's return on equity after deducting intangible assets and goodwill. This figure is in line with the bank's immediate financial goals. In addition, NII continues to improve. We are hopeful that investment banking activity will begin to recover later this year. While capital returns will be more modest in the near term, JPMorgan still has a tremendous amount of capital and is indeed constrained by regulators, which is beyond its control. The bank's stock currently trades at 163% of its book value or net worth, and less than eight times earnings, a historically low valuation in recent years. For this reason, we rate the stock a "buy" because, despite the lower valuation, the bank's business has only gotten stronger in recent years.
NYSE:JPMShort
by FOREXN1
12
Finding a silver lining in JPMorgan’s 2Q earnings report Yesterday, JPMorgan Chase (NYSE: JPM) reported that the bank's second-quarter earnings fell as a result of adding $428 million in bad loan reserves. With this view, JPMorgan has chosen to temporarily halt its share repurchases in order to meet regulatory capital requirements. According to a statement from JPMorgan, the reserve rise was primarily to blame for the earnings decline of 28% from a year earlier to $8.65 billion. Additionally, JPMorgan, which has one of the largest operations on Wall Street, was hurt by the slowdown in Wall Street transactions. Investment banking fees dropped sharply by 54% to $1.65 billion, $250 million less than the forecasted $1.9 billion. Fixed income trading revenue increased by 15% to $4.71 billion, Although it still fell far short of analysts' expectations of $5.14 billion for the quarter while strong results in macro trading were offset by a decline in credit and securitized products, resulting in a quarter-end revenue that was far below analysts' $5.14 billion projection. On the positive side of its report, revenue from equity trading increased by 15% to $3.08 billion, beating the estimate of $2.96 billion. Rising U.S. interest rates and a growing book of loans are two positive factors for the firm. For the quarter, net interest income increased by 19% to $15.2 billion, exceeding analysts' expectations of $14.98 billion. JPMorgan stated during the firm's investor day in May that rising rates will allow it to surpass its main goal of 17% returns this year faster than anticipated. However, the firm has achieved that goal this month. JPM stock dropped about 5% in intra-day trading on Thursday but found the support to finally settle only 3.5% lower at closing. JPM now trades at a 90-week low, but with a rumored 100 basis-points rate hike due from the US Federal Reserve within a couple weeks, perhaps bank stocks will find their bottom before the rest of the market.
NYSE:JPM
by BlackBull_Markets
6
JPM - BULLISH SCENARIOJPMorgan Kicks Off Bank Earnings Season The bank will re-test the major resistance of the falling wedge. If a positive outcome occurs the next major resistance level is located at $132, or more than a 16 % possible return for the bulls. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NYSE:JPMLong
by legacyFXofficial
JPMorgan Falls Thru Trap-Door Equivalent to Pre-COVID HighsNot much of an explanation needed here... financials have been struggling, and JPM right along with them. What's notable here is that price has fallen below the pre-COVID highs, which means that all recapture, plus growth obtained prior to COVID, has all be vanished for stockholders of the mega-bank. Written & Annotated for the CMT Association. Adam D. Koós, CFP®, CMT, CEPA President / Sr. Financial Advisor / Portfolio Manager Libertas Wealth Management Group, Inc.
NYSE:JPM
by CMT_Association
Trading Idea - #JPMorganMy trading idea for JP Morgan - SHORT / SELL Entry: 133.20 USD Target: 108.00 USD (+18% profit) Stop: 146.10 USD JPMorgan Chase & Co . is a global financial services company. The company operates in four segments: consumer & community banking ( CCB ), corporate & investment bank ( CIB ), commercial banking ( CB ) and asset & wealth management ( AWM ). U.S. banks face huge earnings losses. First-quarter profit expectations for major banks have been cut considering the Russia sanctions and a severe slowdown in business activity. JPMorgan (NYSE:JPM) is the 17th most popular stock among hedge funds, according to a study by ClearBridge Investments. JPMorgan was in 107 hedge fund portfolios in the fourth quarter of 2021, compared with 101 in the previous quarter. Even with the increasing interest from institutional investors, the stock has lost about -20% in the last 3 months! Insiders believe "JPMorgan Chase is too big to fail". JPMorgan is indeed an influencing giant of the financial world, but a share price recovery also depends on the global economy and its recovery. In terms of the chart, we have been in a strong downtrend since November 2021. Again and again, there have been strong moves to counteract it. This has led to high volatility in the share. The SHORT momentum remains and solid ground by a support level is not really in sight.
NYSE:JPMShort
by Traderherz-Analytics
$JPM Key Levels, Analysis, & Targets$JPM Key Levels, Analysis, & Targets As long as MacD is under the centerline these are my targets. I’m not sure how I’m going to play this yet, though…. I’ll wait until after earnings, and honestly I might wait on JPM for some of the lower targets… I've got my alerts set... ------ I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading. IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
NYSE:JPMShort
by SPYder_QQQueen_Trading
5
J-P MORGAN, On The VERGE To A PRECARIOUS BREAKDOWN!Hello, Welcome to this analysis about JP Morgan And Chase on the monthly timeframe perspectives. The stock market is battered because of the ongoing war-dynamics and history has repeatedly shown that during such times the market is either going sideways or has a bearish edge, these indications should not be underestimated when assessing the stock market and stocks within the stock market and therefore there is a higher tendency for the market to show up with further bearish volatilities in the next times. When looking at my chart with JP Morgan And Chase now we can watch there that the stock is building a precarious massive formation which is actually an ascending-wedge-formation with a wave-count within the formation, such a formation normally signals a devastating reversal to emerge. Besides that JP Morgan and Chase has a decreasing-volatility-circle which means the bullish strength is decreasing more and more inclined with the actual wedge-formation forming here. Together with these crucial indications JP Morgan And Chase also forms this main RSI-Bearish-Divergence as a additional indication for this whole formation to be completed. Therefore when looking at these whole dynamics the bearish upcoming perspectives should in any case not be put from the desk here and once the target zone has been reached there is still the possibility that the stock continues further, it will be a critical development ahead. In this manner, thank you for watching the analysis, all the best! "The high destiny of the market is to explicate, rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
NYSE:JPM
by VincePrince
23
Why is Decentraland the Metaverse of Choice for Businesses?The metaverse market as a whole has been down for the last 3 months as we plod through this crypto "winter" - though it's worth noting that Decentraland is slowly closing the gap to Sandbox after its surge last year. But one trend in particular here sticks out -- the emergence of Decentral Games ($DG) coin, which is a project that focuses on casino-style gambling games that are playable directly on the metaverse. In a way it's not surprising -- if you've been on Decentraland lately you might have noticed something: the majority of traffic on the platform right now is clustered near two types of locations -- play-to-earn games (Wunderland, etc.) and casinos run by organizations like Decentral Games. DG is a coin that went all-in on Decentraland's future -- it named itself after the platform it built itself on, even. We've heard many well-known companies jumping into the metaverse but Decentraland seems to be metaverse of choice above all others. Why? After looking into the details of the more popular metaverse projects (Decentraland, The Sandbox, Cryptovoxels, Somnium Space...even platforms like Roblox or Meta) the one thing that makes MANA stand out is the fact that it's the most decentralized platform out of all of its competitors, and its governed by its own DAO in a transparent way. governance.decentraland.org While there may be many who might oppose DG on principle (taking an anti-gambling stance), DG coin is, too, run by a DAO as well. decentral.games We may not see the influx of money going into MANA until the next fiscal year, but the fact that the big companies (including JP Morgan who recently opened its "Onyx Lounge" in Decentraland recently) are going there is easily noticeable -- why? Companies that are planning on operating businesses inside the metaverse seek a platform that maintains its neutrality and largely stays out of its way. The other projects are all run by companies or teams with centralized control in the background - for businesses that have done its due-diligence, a truly decentralized platform is the only option that makes any sort of sense. Following the lead of DG, a lot of companies are hoping to create commerce layers on top of Decentraland to drive more traffic to its worlds, long-term. In a way, these trends is a validation of the decentralized model, since it encourages other projects to follow the success of the DAO model as a whole. Projects that are currently centralized may find itself being left behind long-term, as the partnerships and resources required to make Web3 models work migrate towards better (neutral) waters as a whole.
Long
by RyanTanaka
29
Why is Decentraland the Metaverse of Choice for Businesses?The metaverse market as a whole has been down for the last 3 months as we plod through this crypto "winter" - though it's worth noting that Decentraland is slowly closing the gap to Sandbox after its surge last year. But one trend in particular here sticks out -- the emergence of Decentral Games ($DG) coin, which is a project that focuses on casino-style gambling games that are playable directly on the metaverse. In a way it's not surprising -- if you've been on Decentraland lately you might have noticed something: the majority of traffic on the platform right now is clustered near two types of locations -- play-to-earn games (Wunderland, etc.) and casinos run by organizations like Decentral Games. DG is a coin that went all-in on Decentraland's future -- it named itself after the platform it built itself on, even. We've heard many well-known companies jumping into the metaverse but Decentraland seems to be metaverse of choice above all others. Why? After looking into the details of the more popular metaverse projects (Decentraland, The Sandbox, Cryptovoxels, Somnium Space...even platforms like Roblox or Meta) the one thing that makes MANA stand out is the fact that it's the most decentralized platform out of all of its competitors, and its governed by its own DAO in a transparent way. governance.decentraland.org While there may be many who might oppose DG on principle (taking an anti-gambling stance), DG coin is, too, run by a DAO as well. decentral.games We may not see the influx of money going into MANA until the next fiscal year, but the fact that the big companies (including JP Morgan who recently opened its "Onyx Lounge" in Decentraland recently) are going there is easily noticeable -- why? Companies that are planning on operating businesses inside the metaverse seek a platform that maintains its neutrality and largely stays out of its way. The other projects are all run by companies or teams with centralized control in the background - for businesses that have done its due-diligence, a truly decentralized platform is the only option that makes any sort of sense. Following the lead of DG, a lot of companies are hoping to create commerce layers on top of Decentraland to drive more traffic to its worlds, long-term. In a way, these trends is a validation of the decentralized model, since it encourages other projects to follow the success of the DAO model as a whole. Projects that are currently centralized may find itself being left behind long-term, as the partnerships and resources required to make Web3 models work migrate towards better (neutral) waters as a whole.
Long
by RyanTanaka
Will Paytm make W pattern and Elliott wave till the target ?Will Paytm make W pattern and Elliott wave till the target. As news described: Shares of One 97 Communications Ltd - the parent firm of Paytm - tumbled over 13 percent on Monday after the Reserve Bank of India asked the Paytm Payments Bank to stop opening new accounts amid "material supervisory concerns" observed in the bank. Morgan Stanley has reduced its target price on Paytm's stock to Rs 935 and has also reduced its rating to 'equal-weight' on the back of rising regulatory uncertainty and lower relative valuation...
NSE:PAYTMLong
by Ravisahu007
1
Zooming in on MANABTC is behaving, bullishly bouncing off its support, poised to break $45k with resistance around $45,150 area. Sometimes after MANA rallies, it takes a break and the other tokens take a turn. I was concerned about yesterday's rally being shorted after Samsung's V-day novelty wore off, but thanks to JP Morgan stepping into Decentraland, MANA is following its path to the next levels. I zoomed in on the 1hr to illustrate where MANA is at and where it will have minor resistances on its way up to the next targets. This is not financial advice. MANA does need to break $3.41 or risk creating a short-term H&S. An hour ago, I was keeping an eye on the $3.16 level. Should MANA drop below this support, a drop to $2.97 is likely. Don't get me wrong, I believe MANA will hit $2.97 in the future, BUT I think it will hit $3.88, $4.34, maybe $5.10 first. Again, not financial advice...but yes, MANA is following all the fundamentals.
BINANCEUS:MANAUSDLong
by keykomg