JPMorgan: Bank Bounce WinnerTheStreet.comBy Philip van Doorn 05/22/12 – 04:26 PM EDT NEW YORK (TheStreet) — JPMorgan Chase (JPM) was the winner among the largest US financial names on Tuesday, with shares rising 5% to close at $34.01. The timing of th…
CBS NewsJPMorgan sued over employee retirement plan lossesReutersBy Jonathan Stempel (Reuters) – JPMorgan Chase & Co has been hit with a lawsuit brought on behalf of employees whose retirement holdings fell in value after the largest US bank reveal…
US Stock Futures Signal BounceWall Street JournalBy WILLIAM L. WATTS US stock index futures indicated a positive start for Wall Street Monday amid a dearth of fresh economic news, although continued uncertainty over the euro zone were likely to keep a …
Yesterday was another victory for bears, and the market is now in a price zone that crosses numerous long-term support levels. It’s also sufficiently oversold that it’s advisable to watch for a potential bounce.&nbs…
Here are today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day picks…
Yesterday, both counts expected more downside, which the market provided. The picture has clarified just a little bit, and, as I see it, there are two main options for the short-term resolution.
What’s interesting about this market is that it’s…
Telegraph.co.ukInstant View: German prelim first-quarter GDP unexpectedly strongReuters| BERLIN (Reuters) – German gross domestic product grew a surprise 0.5 percent in the first quarter in seasonally adjusted terms – well ahead of a consensus forecast…
Today could be a key day toward gaining more confidence in one of the two main counts, because — as those of you who own digital watches already know — today is the first of May. The first of any month is frequently bullish,…
Yesterday’s count expected further upside, which is what the market provided. At this stage, there’s just not much to add. This remains one of the more challenging structures I’ve had to decipher in some time, but if the expanded …
Tuesday held no surprises as the market did a ramp and camp, which fits the terms of the technical bounce discussed yesterday.
Toward the close, I wrestled a bit with the wave structure, but in the end decided it appeared a little …