JP Morgan Creating A Very Bullish Pattern?

JP Morgan Creating A Very Bullish Pattern?

Is JP Morgan creating a pattern which is suggesting much higher prices? It could be! This chart looks at JP Morgan (JPM) on a weekly basis over the past 5-years. The chart itself comes from MarketSmith, a service provided by Investors Business Daily. Over the past...
Is The Stock Market Losing Momentum Here?!

Is The Stock Market Losing Momentum Here?!

The S&P 500 pullback (last week) feels like a distant memory following the stock market’s 2-day snapback rally. But investors should take note of what’s happening under the surface for two important market indexes: the S&P 500 Index (SPX) and the Bank Index...