JPM - JPMorgan Chase & Co - Page 17

JPM eats ur babies with tar tar sauce

JPMorgan is the first big bank to report earnings. It's also among the handful of banks that are expected to receive approval from the Federal Reserve to put capital toward dividends or aggressive buybacks in the near term.

Investors are already getting some positive news. CEO Jamie Dimon said on Tuesday that he would like to increase the dividend in the second quarter. That statement helped to give the stock in lift in yesterday's trading.

"On top of likely higher dividends, we continue to think a 10% share buyback announcement in 1Q11 is possible," Deutsche Bank analyst Matt O'Connor says in a recent report. He expects JPMorgan to quadruple its quarterly dividend to 20 cents per share at some point this quarter, up from the current level of 5 cents per share.

Investors have been anticipating such a move for a while now - with some having expected similar dividend raises a year ago, only to be disappointed. Over the past 52 weeks, JPMorgan's stock has moved from roughly $44.25 to below $36 during the summer, only to climb back above $44 in recent sessions in advance of the profit report.

1.12 exp was 1.00

ARGH sold off too early..

Left 0.30 on the table, im sure it will be more.

JPM might raise divi from 0.20 to 1.00 ... a divi increase is coming. was suppose to be announced today but wont be until next week or so.


sure left alot sitting on that one. oh well..

in JPM calls for erns, which cramer just pushed.

Not only did he push it,hes  calling for a possible $89 price target...........in 2 years though.  Good luck with your calls.

eh sold off my calls at 0.77 now they are 1.22 which thats what i get for trading while im away.. wasnt expecting it to start moving just yet until i get home tomorrow night.. oh well.

 

Im bearish on select comds anyways.

thinking about going long. been hearing lots of good things as of late.. im suprised this thread is so quiet. 

ya i would go long, if i wasnt such a short term guy. Same with the other companies also.

Financial Stocks Fade From Open

 

This morning the street was raving about the J.P.Morgan Chase & Co.(NYSE:JPM) earnings. The stock was trading higher in the pre-market by 0.85 cents to $47.56 a share. Since the opening bell rang at the New York Stock Exchange the stock has declined sharply lower trading negative briefly before bouncing off of an intra-day support level. The stock is now trading higher by 0.15 cents to $46.78 a share as of 9:55 am EST. Financial stocks could be in play for most of the day.

Other leading financial stocks that are trading on the weak side include Wells Fargo & Co.(NYSE:WFC), and Bank of America Corp.(NYSE:BAC). These two leading financial stocks have also faded sharply from a gap higher open to now trading slightly negative on the session. WFC will have intra-day support around the $30.55 level. BAC will intra-day support around the $13.35 area.



Nicholas Santiago
InTheMoneyStocks.com

JPMorgan Chase Gaps Then Craps

 

 

JPMorgan Chase & Co. (NYSE:JPM) opened nicely higher this morning after reporting earnings that beat expectations. While the earnings were solid, the stock could not hold the gains and has fallen sharply, now trading at $46.06, -0.58 (-1.24%). The key to this level is the even number and double bottom shown on the chart below. This could be a solid level for support on JPMorgan for a bounce.

Gareth Soloway
InTheMoneyStocks.com

This one has actually been on my watchlist for a while. I'm waiting to see if it can retrace back to the 42 area.

 

nm

JPM