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Just three months ago, Bank of America (BAC) and JPMorgan Chase (JPM) were perfect (trading to a...

Just three months ago, Bank of America (BAC) and JPMorgan Chase (JPM) were perfect (trading to a profit every day of the quarter), but perfection's harder to come by in Q2: BofA lost on 12 of 63 days and JPM lost on eight of 65 days. Still, financials overall haven't been hurting: up 3% as a sector in the past three months, vs. the S&P 500's -0.6%.
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Comments (6)
  • farmer448
    , contributor
    Comments (229) | Send Message
     
    80% and 87% winning percentage. How many other gambling operations have that high a payout.
    7 Aug 2010, 08:27 AM Reply Like
  • herbert hoover
    , contributor
    Comments (2005) | Send Message
     
    It's not really gambling when you are playing with the house's money.
    7 Aug 2010, 08:57 AM Reply Like
  • CRUDE GOLD
    , contributor
    Comments (369) | Send Message
     
    Dum dum really took losses, believing the top is in? AH AH AH
    I believe HFT did most of the action. No monkey to hit the sell button.
    I was down 10-15% for months with Breakwater Resources
    But yesterday it was up 24%.
    I'm so sad, I should be stopped out before I took my 1800$
    gain...
    7 Aug 2010, 08:28 AM Reply Like
  • davidbdc
    , contributor
    Comments (3165) | Send Message
     
    Bad news for JPM and GS investors....... I'm just warming up!!!!! :)
    7 Aug 2010, 11:02 AM Reply Like
  • Wyatt Junker
    , contributor
    Comments (4503) | Send Message
     
    If BofA and Citi are the gamblers, then the Federal Reserve is the pit boss.
    7 Aug 2010, 01:46 PM Reply Like
  • mike mohr
    , contributor
    Comments (452) | Send Message
     
    Another back door bail out with tax payer's money.
    Instead of creating jobs we gave them money to pay millions of dollars in bonuses.
    7 Aug 2010, 02:35 PM Reply Like
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