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Jpmorgan

JPMorgan: A Wise Investment Choice Amidst Market FluctuationsOver the past few months, the stock market for banks has undergone significant fluctuations due to various factors, including interest rates, economic conditions, and notable bank failures. It's important to note that not all banks have been affected in the same manner. Despite the volatility, several major banks have adeptly navigated through these challenging times and achieved positive financial results. One standout performer in the previous quarter was JPMorgan Chase, the largest bank in the United States. As we enter the uncertain second half of 2023, it's worth examining the position of this influential player in the industry. Investors may also be interested in determining whether this particular stock is a wise investment choice. Even before the regional banking crisis unfolded in March, JPMorgan Chase had already distinguished itself as one of the most resilient large banks in the country. In fact, it appears that the bank may have emerged even stronger from that period of turmoil. Several key factors contribute to this assessment, which we will explore further. First and foremost, while many banks experienced a decrease in deposits, JPMorgan Chase saw a notable 2% increase in Q1 compared to the previous quarter, bringing the total to $2.4 trillion. This growth in deposits can be attributed to concerns among customers of smaller and regional banks, who feared widespread deposit runs following the collapses of Silicon Valley and Signature banks. As a result, these customers sought refuge in larger institutions, driven by a flight towards perceived safety and stability. JPMorgan Chase, being a well-capitalized, highly liquid, and heavily regulated bank, became an attractive option for depositors seeking these qualities. The flight to safety observed during the challenging period proved beneficial for JPMorgan Chase, resulting in a strong performance during the first quarter. The company experienced a significant 25% increase in net revenue, amounting to $39.3 billion, primarily driven by a substantial 49% year-over-year growth in net interest income. Notably, during their investor day on May 22, JPMorgan Chase's executives shared that the bank is on track to add 1.8 million accounts this year, surpassing the previous year's gain of 1.6 million accounts. The bank's net income showed remarkable progress, rising by 52% compared to the previous year and 15% compared to the fourth quarter, reaching $12.6 billion. This growth can be attributed to positive developments in consumer banking, commercial banking, and asset and wealth management, which offset declines in investment banking. Additionally, JPMorgan Chase achieved an impressive efficiency ratio, with overhead costs as a percentage of revenue improving from 62% in Q1 of the previous year to a commendable 52%, the best performance among large banks (lower values are preferable). Moreover, the bank's overall return on equity, a measure of management efficiency, surged from 13% a year ago to 18% by the end of the first quarter. While JPMorgan Chase may face challenges in the event of an economic slowdown or recession, it possesses key strengths that enable it to navigate short-term volatility. These strengths include operational efficiency, a high Common Equity Tier 1 ratio of 13.9%, a rising book value (up 9% year over year), and a substantial $1.4 trillion in cash and marketable securities. These factors contribute to the bank's robust balance sheet, providing resilience in difficult market conditions. Furthermore, JPMorgan Chase is well-positioned to seize growth opportunities beyond any potential downturn. As the markets improve, the bank is expected to experience long-term gains in investment banking, trading, and asset management. Additionally, the acquisition of First Republic Bank, which serves high-net-worth clients, is anticipated to enhance JPMorgan Chase's annual profit by $500 million, acting as a catalyst for further growth. The company also foresees greater net interest income (NII) than initially projected. JPMorgan Chase has raised its NII forecast for 2023 to $81 billion, up from the previous estimate of $80 billion. This upward revision is based on the assumption that deposit and other funding costs will decrease, driven by expected interest rate reductions by the Federal Reserve later in the year. Furthermore, JPMorgan Chase's stock is currently trading at a relatively inexpensive price-to-earnings ratio of approximately 10. This makes it an appealing investment choice, as the bank is well-equipped to handle short-term challenges while aiming for long-term growth. Taking everything into consideration, including its resilience, growth prospects, and favorable valuation, JPMorgan Chase appears to be an excellent buy at present, offering a combination of stability and potential for long-term gains. The bank's solid performance, strong financial position, and strategic initiatives position it favorably in the industry. However, as with any investment, it is important for investors to conduct thorough research and consider their own risk tolerance before making any decisions.
NYSE:JPMLong
by FOREXN1
7
PREDICTION XAUUSD 18-19 MEI 2023Hello I'm back again. I will share the XAUUSD market direction movement for today. Pay attention to the boundary area that I have specified where there are points that must be considered Confirmation area as a determinant of whether to continue direction or reversal Base Lev as a point if the breakout will continue the next area This analysis is only a view, for that it remains to be re-analyzed according to your views. Hope it is useful Thank You Come and Join
CAPITALCOM:GOLDLong
by hudarangkayo
USD/JPY - Japan's GDP improves but yen slipsThe Japanese yen is on a four-day losing streak and is in negative territory on Wednesday. In the North American session, the yen is trading at 137.39, up 0.74% on the day. Japan's GDP in the first quarter was higher than expected. The economy grew by 1.6% y/y, after a 0.1% decline in Q4 2022 and easily beat the estimate of 0.7%. On a quarterly basis, GDP expanded by 0.4%, up from 0.0% in Q4 and above the estimate of 0.1%. One key driver behind the spurt in growth was personal consumption, as demand continues to rise now that the country has reopened. The services sector remains strong but manufacturing continues to struggle. On a sour note, exports fell 4.2% in Q4, as demand for semiconductors and automobiles declined. The uptick in growth means that sustainable inflation could stay above 2%, and that could prod the Bank of Japan to take steps toward normalization, such as adjusting its yield curve control (YCC) policy. The BoJ has said it would consider tightening policy if inflation is sustainable above 2%, but any shifts in policy are likely to be small, especially if the yen remains weak. The BoJ announced it would conduct a policy review which could take a year or more, and I would not expect the BoJ to raise rates before 2024. Federal Reserve members continued to remind listeners that more rate hikes are possible if inflation stays high. The Fed has also tried to dampen expectations of rate cuts in the second half of the year. The markets are listening somewhat, as the odds of a rate cut this year have fallen. JP Morgan came out in support of rate cuts on Tuesday, saying that "the market is right to be penciling in cuts", as inflation remains too high and the US was likely headed for a recession. USD/JPY is testing resistance at 137.08. Above, the next resistance line is 138.42 There is support at 136.26 and 135.08
by OANDA
JP Morgan boss plays down risk of crisisBEARISH MID TEM BULLISH SHORT TERM JP Morgan boss plays down risk of crisis THE MARKET IS FULL OF MANIPULATIONS Spoofing Spoofing - This involves placing orders with no intention of executing them, in order to create a false impression of market demand or supply, and then cancelling the orders once the market has moved in the desired direction. We're keeping an eye on the market makers, zooming in for a closer look." Spoofing and Volume Point of Control (VPOC) are terms used in the context of market manipulation and market analysis in financial markets. A spoofing detector is a tool developed to detect the spoofing of orders. Spoofing refers to a practice where a market participant places large orders to deceive other market participants and influence the price of a stock. These large orders, however, are not executed but cancelled shortly after, creating a false demand for a specific stock and influencing the price. A spoofing detector can use algorithms to detect and report these practices to maintain the integrity of the market. The Volume Point of Control (VPOC) is a concept in technical analysis aimed at identifying the key price level at which a stock was bought and sold. VPOC is calculated by analyzing the volume data of a stock and determining the price level at which the largest volume was traded for a specific period. This price level can serve as an indicator of the current market trend and market interest in a specific stock. There is a substantive connection between a spoofing detector and VPOC because both tools can be used to gain a better understanding of the stock markets and detect potential forms of market manipulation. For example, VPOC can be used as an indicator of potential market manipulation when an abnormal distribution of trading volume is observed at a specific price level. A spoofing detector can then be used to detect and report these activities. Jamie Dimon, the boss of JP Morgan, has played down the risk of a spiralling banking crisis after America’s biggest bank stepped in to buy most of collapsed lender First Republic in a $10.6bn (£8.5bn) takeover hurriedly brokered by US regulators. After weekend talks to secure a sale of First Republic, the third US lender to fail this year, the Federal Deposit Insurance Corporation (FDIC) confirmed JP Morgan as the buyer. The regulator is providing $50bn of financing and promising to share loan losses, as part of a deal that further cements JP Morgan’s position as the largest lender in the US. First Republic’s failure is the second largest in US banking history, beaten only by the 2008 demise of Washington Mutual – which was also seized by the FDIC and sold to JP Morgan. Speaking on a conference call, Dimon played down any other similarities with the 2008 crash, which triggered the start of an international financial crisis that plunged the global economy into recession. He said the US banking system was “extraordinarily sound”, adding that the takeover meant the sector was “getting near the end” of the spate of bank collapses and would “hopefully help stabilise everything”. The failure of First Republic follows that of Silicon Valley Bank (SVB) and Signature Bank. The sequence has prompted concerns about a repeat of the contagion that characterised the global banking crisis. Dimon said conditions were “nothing like 2008 and 2009 for a lot of different reasons”. However, he conceded that if the US economy went into recession and high interest rates persisted, that could lead to “other cracks in the system”. Under the terms of the First Republic deal, JP Morgan will acquire all of the California-based bank’s deposits and “substantially all of the assets”, winning out over as many as five rivals reportedly in the running. Dimon said: “Our government invited us and others to step up, and we did. This acquisition modestly benefits our company overall, it is accretive to shareholders, it helps further advance our wealth strategy, and it is complementary to our existing franchise.” First Republic, which focused on high-net-worth clients, got into financial difficulty after customers began pulling deposits from any US lender perceived as weak, after the SVB collapse. Growing anxiety about the health of the US banking sector has forced the Federal Reserve to launch emergency measures to stabilise the markets. A group of 11 Wall Street banks had pumped $30bn into First Republic last month in an attempt to avoid the third bank failure of 2023. However, shares in the San Francisco-based bank fell by more than 75% last week after it revealed customers had withdrawn $100bn of deposits in March. TREND SHORT KEY LEVELS 119 109 87
CAPITALCOM:JPMShort
by DaveBrascoFX
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.
NYSE:JPMLong
by TopgOptions
6
JPM: No CrisisRecord first-quarter revenue on Friday that topped analysts’ expectations as net interest income surged almost 50% from a year ago on higher rates. Here’s what the company reported: Adjusted earnings: $4.32 per share vs. $3.41 per share Refinitiv estimate Revenue: $39.34 billion, vs. $36.19 billion The bank said profit jumped 52% to $12.62 billion, or $4.10 per share, in the first three months of the year. That figure includes HKEX:868 million in losses on securities; excluding those losses lifts earnings by 22 cents per share, resulting in adjusted profit of $4.32 per share. Companywide revenue rose 25% to $39.34 billion, driven by a 49% rise in net interest income to $20.8 billion, thanks to the Federal Reserve’s most aggressive rate-hiking campaign in decades. That topped analysts’ expectations for interest income by more than a billion dollars. The bank also boosted a key piece of guidance that bodes well for the near future: Net interest income will be about HKEX:81 billion this year, about HKEX:7 billion more than their previous forecast of $74 billion, CFO Jeremy Barnum said Friday. The change was mostly driven by expectations that JPMorgan will have to pay less to depositors later this year if the Fed cuts rates, he said. Shares of the bank rose 7.5%. That is its biggest upside move on an earnings report in more than 20 years, according to Bespoke Investment Group. “The U.S. economy continues to be on generally healthy footings — consumers are still spending and have strong balance sheets, and businesses are in good shape,” CEO Jamie Dimon said in a release. “However, the storm clouds that we have been monitoring for the past year remain on the horizon, and the banking industry turmoil adds to these risks,” he said, adding that the industry could rein in lending as banks become more conservative ahead of a possible downturn. Money in, money out JPMorgan, the biggest U.S. bank by assets, is watched closely for clues on how the industry fared after the collapse of two regional lenders last month. Analysts had expected JPMorgan to benefit from an influx of deposits after Silicon Valley Bank and Signature Bank experienced fatal bank runs. Indeed, JPMorgan saw “significant new account opening activity” and deposit inflows in its commercial bank, Barnum said. The money flows implied “an intra-quarter reversal of the recent outflow trend as a consequence of the March events,” Barnum said. “We estimate that we have retained approximately HKEX:50 billion of these deposit inflows at quarter-end.”
NYSE:JPMShort
by sequentialvision
JPM / JP Morgan - Don't Gamble On Regional BanksI 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.
NYSE:JPMLong
by LordWrymouth
10
JP Morgan mostly unaffected from the banking turmoil of early MaJP Morgan Chase & Co (symbol ‘JPM’) share price has been making consecutive gains in the beginning of the year with a correction taking place in early March where the failure of banks in the US shocked the markets . The company is expected to report its earnings for the fiscal quarter ending March 2023 on Friday 14th of April. The consensus EPS for the quarter is $3,43 compared to the result for the same quarter last year of $2,63. ‘JP Morgan took a light hit through the turmoil in the banking industry mainly because of its big size, too big to fail. With a dividend yield of over 3% and with a strong balance sheet, the company is an attractive addition to investors portfolio.’ said Antreas Themistokleous at Exness. From the technical analysis perspective the price found support on the 38.2% of the daily Fibonacci retracement level after incurring losses in early March when news about bank failures hit mainstream media. The Bollinger bands are shrinking indicating the volatility is slowing down while the 50 day moving average is still trading above the 100 day moving average indicating the bullish momentum might still be valid. In any case the levels of $134 and $123 consist of technical support and resistance areas since they are the 23.6% and 50% of the daily Fibonacci retracement levels respectively.
NYSE:JPM
by Exness_Official
JP Morgan locally correcting. JPMBounce off a local resistance, which I did not show, sinking in the phase of a possible B Wave. Very short term out look of a ~5% drop in stock price or more. ATR (moving) for Stop. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
NYSE:JPMShort
by Rykin_Capital
Will tomorrow be the day $JPM drops to $71? I think it could >It sounds a little nuts, I know. But hear me out. We clearly have a double touch on the upper channel line on the 12 month- clear rejection. The 9 MA on the yearly looks awful too. General weakness, there and within the stoch rsi and mac d. The 3 month also looks awful. Let's hone in though on the 9 MA and 20 MA on the chart though- they're clearly about to fall through them. Oh, not to mention, the major obvious head & shoulders pattern. Everything looks horrible. Almost makes me wonder if the speech wasn't "awful" news today because tomorrow is the real drop, when everyone thinks the worst is out of the way... who knows? I just call the technical analysis like I see it. And based on the daily time frame anyway, I don't see anywhere else that JPM could LOGICALLY retrace to... so why would it? Time to drop :)
NYSE:JPMShort
by UnknownUnicorn1935796
1
KBE: S&P500 / BANK RUNS / RSI / MACD / DIVERGENCE / BANK CRISIS DESCRIPTION: The chart above shows a relationship between KBE & SPX which is important for the current ongoing banking issues. KBE is a BANK ETF that reflects the overall performance of the banking sector in the United States. At the moment there is a major discrepancy between KBE & SPX value. Normally there is a consistent relationship between the banking sector performance and SPX value but one will have to give in eventually. POINTS: 1. Deviation is 6.25 Point difference & represent crucial points of control for price action. 2. Vertical Orange Lines represent peak price action for S&P 500 & KBE before correction. 3. AVERAGE CORRECTION OF 12% ON KBE DURING BEAR MARKET. RSI: Overextended from RSI AVERAGE banking sector can see some pullback in the coming days. MACD: Currently in EXTREMELY OVERSOLD TERRITORY on MACD FULL CHART LINK: www.tradingview.com AMEX:KBE SP:SPX
AMEX:KBEShort
by DGSTBROKERACC
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.
SP:SPX
by TopgOptions
JPM primary trend remains bullish.JPMorgan Chase - 30d expiry - We look to Buy at 136.22 (stop at 132.88) The primary trend remains bullish. The stock is currently outperforming in its sector. 50 1day EMA is at 136.07. The sequence for trading is higher highs and lows. Early pessimism is likely to lead to losses although extended attempts lower are expected to fail. We look for a temporary move lower. Our profit targets will be 144.92 and 146.92 Resistance: 144.34 / 148.00 / 155.00 Support: 139.87 / 138.00 / 135.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NYSE:JPMLong
by VantageMarkets