Is anyone planning on trading JPM this morning? Seems to always sell off after earnings announcement. But who knows what will happen today.
JPM up in the premarket
- Thread starter FCXoptions
- Start date
Nobody?
If you are going to ask someone's opinion on a stock, why not provide your own first? Or are you looking to gouge someone else's research?
http://news.theage.com.au/breaking-...ad-trade-balloons-to-58bn-20120714-2228w.html
" JPMorgan bad trade balloons to $5.8bn
Date July 14, 2012 - 1:29AM
JPMorgan Chase says a bad trade has cost the bank $US5.8 billion ($A5.7 billion) this year, almost triple its original estimate, and raises the prospect that traders improperly tried to conceal the blunder."
" JPMorgan bad trade balloons to $5.8bn
Date July 14, 2012 - 1:29AM
JPMorgan Chase says a bad trade has cost the bank $US5.8 billion ($A5.7 billion) this year, almost triple its original estimate, and raises the prospect that traders improperly tried to conceal the blunder."
Fair enough. My original opinion was that it would sell off a little of this rally after the market had been open for a little while. BUT it seems like as the day has gone on the selling volume has really dried up. Just based on the fact volume has dropped quite a bit and the price is still ticking up slowly.