JPMorgan For A Quick Upside Trade

JPMorgan For A Quick Upside Trade

  Banks have underperformed the market for the better part of this year and given the current short-term oversold state in the broader U.S. equity markets the banks could offer us a chance at a quick buck here.  In the chart below dating back to April note...
JPMorgan (JPM) Bullish Setup In Progress

JPMorgan (JPM) Bullish Setup In Progress

On the back of my update on the financials yesterday (read HERE)  I am keeping a close eye on JPM. On a relative basis it has remained one of the better acting banks over the past weeks and as such i am looking for leadership there.  If you look closely you...
Wells Fargo (WFC) – The Technical Bull Case

Wells Fargo (WFC) – The Technical Bull Case

WFC along with JPM in my mind are some of the better financials charts out there, at least in comparison to GS and potentially BAC (although BAC is getting at least one leg back up).  Let's look at it in two time-frames, weekly charts and daily charts. On the...