Market participants placed a low probability on a Trump win last month. I agreed. Markets also bet on a risk of a sell-off in stocks (stocks sold off as polls tightened, puts went bid) I …
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MorningWord 9/26/13: Tuesday’s close in JPM, below its 200 day moving average for the first time since August 2012, was nothing short of ugly. On that selloff, Enis made the case that despite the mounting …
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New Trade July 12th, 2012 at pm: JPM will report second qtr earnings tomorrow morning before the market opens. The options market is implying about a 4.5% move which is understandably a bit higher than the 3.2% …
Continue readingJamie Dimon will give testimony on the floor of the Senate tomorrow, in what has seemingly become an annual exercise of parading bank executives in front of Congress. If you’re unfamiliar with the JPM CIO’s …
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