J. P. Morgan Chase & Company (NYSE:JPM) -- Bi-Monthly Update
I just completed my weekly study of all my High Profile Financial / Major Regional Banks. This is a study that is fun because I dislike what Banks represent in today's economic and financial world. I have spent a great deal of time and have much experience in the study of Companies like (JPM).
My objective is to identify changing trends for my Forecasting Analytics. Simple stated, I want to have current notes to quickly refer to on the anticipated direction of this Sector and Industry Group.
This Bi-Monthly Commentary on - J. P. Morgan Chase & Company (JPM) - covers all of my Indicators, both Fundamentally for Valuations and Technically for Momentum. There is much to cover to provide my best possible Forecast and Opinion.
Please connect with "My Focus Article." Click: http://seekingalpha.com/instablog/121308-steven-bauer/2057252-my-focus-article
Forecast & Opinion from my Study / Analytics:
J. P. Morgan Chase & Company and other Financial / Banking Companies are tracking well. Although (JPM) has been in Up-Trend for well over a year it is always an excellent contributor to my Analytics.
My Forecast back is not and it presently is not as bright as you may think! (I will be more specific upon request).
My Opinion is to HOLD for the foreseeable future.
If you own or are considering owning Financial / Banking Companies, the securities are definitely rather strong. J. P. Morgan Chase & Company is currently. I have reservations about my Fundamental Valuation, there I have placed it on an Initial - Bearish Forecast - "Warning." That means take profits on the next rally. (I can help if you want).
My Analytics (weighting) for my Fundamental Valuation play a vital role in profitable managing money. At this time my Valuations of (JPM) are not as positive at perhaps you are being told by other sources. Plainly stated they are not improving and not very impressive. Alternate and similar Companies are showing much better Fundamentals.
A Twenty Year Perspective of J. P. Morgan Chase & Company (JPM)
It has NOT always been like you are being told by so many who do not take the time to "Invest Wisely." J. P. Morgan Chase & Company (JPM) has taken some big hits over the years.
URL for (20-years of -(JPM): http://stockcharts.com/h-sc/ui?s=JPM&p=W&yr=20&mn=0&dy=0&id=p10973679370&a=312039536
A Rather Unique Chart / Graphic on (JPM):
URL for this representation of - (JPM): http://stockcharts.com/h-sc/ui?s=JPM&p=W&yr=1&mn=6&dy=0&id=p28843054184&a=312039527
"Selectivity" is what I preach and is what separates the Average Investor and Mutual Funds from the profits that come with long-hours / hard work and "Selectivity." You might like to read my most-recent article on why I believe Selectivity is so critical for profiting in today's Marketplace. You might want to check out "Be Selective II - Just Click - - > http://seekingalpha.com/instablog/121308-steven-bauer/2066602-flash-update-be-selective-ii
Here are a number of the Component Companies / Peers in the Internet Industry Group that I focus on rather frequently: JPM, BAC, C, WFC, KEY, USB, FITB, BK, STI, BBT, PNC, STT, CMA, NTRS, MTB, BKU.
If I can be of help just Email me. Serious Investors Only - Please!
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Smile, Have Fun, "Investing Wisely,"