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JPM is one of the banks that passed the Fed's stress tests with flying colors- rather than GS who almost missed the leverage ratio of 3% by just .1%. JPM has been in a descending wedge after its recent all time high this past Feb. It has also quadruple bottomed at a price of around $105, providing strong support. The RSI is testing oversold levels but the MACD is...
Auto loans have been getting more and more subprime as time goes on. Loans are getting longer and poor credit customers are paying as much as 7% interest on their car, sometimes paying over 100% than if they bought the car up front. These companies heavily rely on these loans to keep their quarters profitable. When will the fun end? When will their greed catch up...
