I actually have a very similar view. The company is quality, but I only have $JPM in the banking sector and I'm not going to change that. Moreover, the stock is coming off a solid run and near the top where it was in 2015. It's in a very strong zone. I don't know if it can break out.
📈 This week we have several key events that may affect the markets! 🌍
Here's my list of highlights and events I'm waiting for. The most important, however, is the start of the next earnings season, which is traditionally kicked off by the biggest banking houses in America.
The start of the week won't be very interesting, but things will get going onWednesday . In the US , we'll... Read more
The five largest U.S. banks said Friday they will return more cash to shareholders after passing the Fed's stress tests early last week, a show of strength that reinforces the gap between the industry giants and smaller regional rivals.
I actually have a very similar view. The company is quality, but I only have $JPM in the banking sector and I'm not going to change that. Moreover, the stock is coming off a solid run and near the top where it was in 2015. It's in a very strong zone. I don't know if it can break out.