JPM, levels to look for tomorrow.
- Thursday, October 13, 2011, 1:54
- Market
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Tomorrow morning the market will have the biggest tell for financials with JP Morgan (JPM) reporting earnings. This will give the markets better visibility on credit quality, banks net interest margin and lending activity. Now as technicians, we believe price action leads to price discovery . JPM Morgan ran up 15.71% since Oct 4th, relative to the S&P 500’s 10.63%.
http://www.forbes.com/sites/thechartlab/2011/10/12/jpm-levels-to-look-for-tomorrow/
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