Event: JP Morgan (JPM) reports Q2 results tomorrow before the bell. The options market is implying about a 2.5% one day post earnings move, which is a tad rich to the 4 qtr average of …
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European and Asian banks have been some of the worst performing equities in the world during 2016, causing investors in U.S. bank stocks to fear that the crush in global yields will continue to squelch profitability, with …
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Earlier in the week I had some thoughts on the performance of bank stocks both here and abroad, specifically the very poor performance over the last month in Deutsche Bank (DB) equity and credit (Big Printin’ …
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Last night on CNBC’s Fast Money, the group of equity-centric buffoons, of which I am most certainly one, had a short discussion of the impact of negative interest rates on large banks, and specifically Jamie …
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Janus Capital’s Bill Gross issued his monthly investment outlook this morning (here) with a specific focus on financial stocks, particularly banks. Not surprisingly, Gross is cautious on the sector. He feels that monetary policy that have …
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Dan gave his latest thoughts on JPM this morning. We have an existing short delta trade that we’ll now update and reduce some premium risk. The original trade idea was a put calendar when the …
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Last night, on CNBC’s Fast Money program we discussed the JP Morgan’s (JPM) investor day that had the stock down 4% yesterday. JPM CEO Jamie Dimon portrayed a calming tone, despite acknowledging headwinds to his business, having …
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Shares of JP Morgan have shown incredible relative strength to every major bank stock the world over, only down 19% from its 52 week highs and down about 14% in 2016. In the U.S., large …
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Let’s check in with some billionaires. First things first, JP Morgan CEO Jamie Dimon bought 500,000 shares of his stock, worth about $27.5 million. We discussed it last night on CNBC’s Fast Money: That’s a …
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Here were a couple bullish directional trades stocks that have been beaten up of late where traders are getting a little creative to express their views with ratio spreads and risk reversals. 1) AAPL – …
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