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Nicholas Santiago's Blog Posts Tagged 'JPM' (2)

Why Banks Like JPMorgan Chase & Co. Should Be Avoided

JPMorgan Chase & Co. (NYSE:JPM) is trading slightly higher on the day at $54.30 +0.25 (0.46%). However, over the past month the stock has fallen from $61.50 to its current level. This is a drop of 11.6%.  JPMorgan Chase & Co. has fallen sharply while the Dow Jones Industrial Average and S&P 500 have stayed near their all-time highs. This shows major relative weakness. Investors are starting to wonder if there is something fundamentally wrong with JPMorgan Chase?

This issue…

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Added by Nicholas Santiago on May 8, 2014 at 10:36am — No Comments

Don't Buy Gold Until These Three Things Happen

Almost every trading day someone asks me if they should buy gold. Personally, I own physical gold and silver bullion since 2004, but if you are trading gold ETF's' you may want to wait before jumping on board in at this time. As you all know, gold topped out in September 2011 at $1923.70 an ounce. Ironically, that same week that gold topped out it was upgraded by J.P. Morgan Chase (NYSE:JPM) to $2500.00 an ounce. Either J.P. Morgan Chase is just terrible at spotting tops or they were…

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Added by Nicholas Santiago on November 21, 2013 at 11:14am — No Comments

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