Posts Tagged ‘JPM earnings’

Bulls Need a Strong Start to the Week

9:00am (EST) “The first clue we were looking for last week was the close on Monday.  The bears had won 3-straight Friday/ Monday’s but that streak was snapped as the Dow and S&P 500 were up 0.5%, on average, Monday.  This past Friday was negative but the blue-chips were upRead more

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Bulls Rally Back, Push Resistance

12:45pm (EST) The bears were going for a clean sweep this week but the bulls are pushing resistance, which was prior support, as they try to snap a week-long losing streak.   Much of the action can be attributed to JPMorgan Chase (JPM, $36.15, up $2.11) and Well Fargo’s (WFC, $33.96,Read more

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Bears Have Weekly Edge Despite 2-Day Rally

9:00am (EST) The bulls made it back-to-back wins on Thursday after another strong outing pushed the major indexes back near prior support.  The bears are still up for the week but not by much as they are looking to get their second straight weekly win.  It’s Friday the 13th soRead more

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Bulls Give Back Gains

12:40pm (EST) The bulls were working on a solid week following Tuesday’s surge as the rest of the days have been relatively flat…until today.  We were watching the overseas markets early this morning and futures were up when the European markets opened (3am EST).  We hit the rack knowing JPMorganRead more

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Futures Pointing Towards Strong Open

8:55am (EST) The bears took another step towards cracking major support levels as they spent all of Tuesday pounding the bulls into a corner.  In round 2-out-of-5 this week, the bears scored their second consecutive win, but more important, they did some serious technical damage as both the Nasdaq andRead more

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Bulls Reclaim Resistance, Dow Pushes Triple-Digits

12:35pm (EST)  The bulls can thank Germany and Portugal for today’s rally after the countries had successful auctions of government bonds this morning.  Futures were up when we hit the rack last night and held after buyers came in to support the offerings which lifted sentiment on Wall Street thisRead more

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