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JPM

This tag is associated with 22 posts

D&D Note (7-11-2012) ~ FED Minutes Drags Down Markets

D&D Note (7-11-2012) Stocks were trading positively until the FED released their minutes from the last meeting. The minutes showed that the central bank is still cautious of risk. No signs were given to any potential further QE – or QE3. This sent stocks straight down, but the markets did rally back a bit heading … Continue reading

D&D Note (6-26-2012) ~ A Tepid Market Edges Higher

D&D Note (6-26-2012) Traders remain tepid with the Supreme Court to hand down a ruling Thursday on the Health Care reform, otherwise known as Obamacare, along with the upcoming EU Summit later this week. All together there is still a great deal of uncertainty in the markets. The major banks reversed after leading yesterdays sell-off. … Continue reading

D&D Note (6-21-2012) ~ Markets Get Hammered On Global Growth Concerns And Bank Downgrades

D&D Note (6-21-2012) Markets all fell 2% today on slowing global growth and downgrades of the banks by Moody’s. Goldman Sachs (GS) added to the downward pressure releasing a note to short the S&P 500 until it falls 5% and could see 1,285 on the index. The S&P 500 has seen lots of resistance around … Continue reading

D&D Note (6-19-2012) ~ Low Volume See Markets Drift Higher Ahead of FED

D&D Note (6-19-2012) This week has seen extremely low volume on the NYSE allowing stocks to drift higher ahead of the conclusion of the 2 day FED meeting. Investors will most likely be disappointed from what comes out of the FOMC with likely no QE3 being announced. An extension of Operation Twist is already baked … Continue reading

D&D Note (6-13-2012) ~ Stocks Sell-off Near End of Trading On Euro Worries

D&D Note (6-13-2012) Markets were in the green today but gave back all the gains and turned lower by the end of the trading session. The Eurozone remains in focus and all eyes are on this Sunday when the Greek’s take to the polls. Markets also began to sell-off during CEO Jamie Dimon of JPMorgan … Continue reading

D&D Note (5-21-2012) ~ China Commits To Growth And The EU Wants Greece To Stay

D&D Note (5-21-2012) Markets got a nice lift today off of Chinese Premier, Wen Jiabao’s, comments that China is committed to growth along with the European leaders stating that they want Greece to stay in the Euro. Most likely this will be a relief rally from an oversold market ahead of the Euro summit this … Continue reading

D&D Note (5-14-2012) ~ Greece Remains in The Forefront With Global Market Correlation

D&D Note (5-14-2012) Markets are currently trying to price in the possibility of Greece leaving the Euro. Leaving the entire global markets in extreme correlation (meaning everything is trading together around 75% correlation, and today that was down). Banks are still also adding to the downward pressure mainly thanks to JPMorgan (JPM). And the ax … Continue reading

D&D Note (4-16-2012) ~ Apple Gets The Squeeze

D&D Note (4-16-2012) Spain continued to rain percentage points on their sovereign debt where the bond yields rose above 6% which is the highest level we’ve seen in quite a few months. Despite all the pain in Spain the DOW surged 71.82 points thanks to the banks. However, the Nasdaq was under huge pressure with … Continue reading

D&D Note (4-13-2012) ~ Friday The 13th Sees Traders Unwilling To Go Long Into The Weekend

D&D Note (4-13-2012) Friday the 13th saw red slash its way through the markets today. Many will point to Chinese economy numbers, but really traders are just unwilling to hold positions into the weekend. We have a slew of banks reporting next week. While JPMorgan (JPM) and Wells Fargo (WFC) both beat earnings today, both … Continue reading

D&D Note (4-12-2012) ~ Market Goes Long and Google Beats On Earnings

D&D Note (4-12-2012) Today’s rally was a continuation of yesterday’s rally. Google (GOOG) reported earnings after the bell and beat estimates. Google also announced they are planning an unorthodox stock split (in the past they had said they would never split the stock). We should see some more upward movement in the markets this week. … Continue reading