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JPMorgan Veered From Hedging Practices at Banks With Credit Bets – San Francisco Chronicle


JPMorgan Veered From Hedging Practices at Banks With Credit Bets
San Francisco Chronicle
May 22 (Bloomberg) — JPMorgan Chase & Co.'s biggest US competitors say their corporate investment offices avoid the use of derivatives that led to the bank's $2 billion loss and buy fewer bonds exposed to credit risk. Bank of America Corp.,
JP Morgan Offering An Excellent Entry Point At Current LevelsSeeking Alpha

Wells Fargo CFO: 'We Have Less Risk Than Our Peers'Fox Business
Wells Fargo Becomes Safest Bank In America, Book Values De Damned (JPM, WFC 24/7 Wall St.

all 39 news articles »


Skating on Thin Ice, Keep Life Preservers Handy

We may be skating on very thin ice here, but the weight of the evidence still supports a weak bull case for the near to intermediate term. So I’m adding buy picks on the chart pick list and adjusting trailing stops to account for the risk.

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These reports are not investment advice. They are for informational purposes, for a broad audience of investment and trading professionals, and other experienced investors and traders. Chart pick performance changes week to week and past performance may not indicate future results, as you know. Trading involves risk, and these reports assume that you understand those risks and manage them according to your tolerance. 

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