JPM is currently in a downtrend, even as it is one of the best in the Financial sector. It has been diffcult to trade it the last couple of days; as the market have been trending and waiting for all those Economic News, Congress Hearings. JPM trading range is at 28 to 24 per share. Friday was a attempt to sell the news, as we where all ready knowing that the House and Senate would passed the bill. It is now on the Presidential desk for signing. Also, with Monday beeing a market holiday there was no rally which normally happpens during upcoming holidays. 18 trading days left in the month of Feburary.
Range bound for the most part with all that is going on . . .
JPM is currently in a downtrend, even as it is one of the best in the Financial sector. It has been diffcult to trade it the last couple of days; as the market have been trending and waiting for all those Economic News, Congress Hearings. JPM trading range is at 28 to 24 per share. Friday was a attempt to sell the news, as we where all ready knowing that the House and Senate would passed the bill. It is now on the Presidential desk for signing. Also, with Monday beeing a market holiday there was no rally which normally happpens during upcoming holidays. 18 trading days left in the month of Feburary.
Range bound for the most part with all that is going on . . . 