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...
European Banks Flashing Rare Bullish Signal?

European Banks Flashing Rare Bullish Signal?

Banks in the states (BKX Index) have little to brag about over the past year, as they are have underperformed the S&P 500 by nearly 14%. European banks have even less to brag about, as EUFN ETF has lagged the BKX index for the past 7-years! Is the underperformance...