Seeking Alpha

Yesterday's selloff feels like a "capitulation" to JPMorgan, confirming its view that summer...

Yesterday's selloff feels like a "capitulation" to JPMorgan, confirming its view that summer weakness would be “front-end loaded.” It likes these 20 stocks for a summer rally: DAL, UAL, X, KGC, NEM, RHI, GM, MT, FCX, NUE, BRCM, GG, COL, IPG, MGA, APOL, SYMC, LVS, LINTA, CLF.
Comments (6)
  • capitulation?? from what?? Most stocks are down only a fraction from the bull run...
    2 Jun 2011, 05:06 PM Reply Like
  • It's ALWAYS a great time to buy stocks - said JP Morgan. :)
    2 Jun 2011, 05:59 PM Reply Like
  • Your messing with me, right? Why, cause they said so! You have just as much chance, {mega time more to the downside} if you ask me. So be careful here folks, look at the charts and watch the moving averages, they are not in an "uptrend" currently and you could even argue they look rather "Risky" here. I mean we have the wonderful Arab Spring burning up the Middle East and Our Muslim in chief is down with all that! So I just don't see a whole helluva lot of upside here.
    Jerry
    2 Jun 2011, 06:03 PM Reply Like
  • I'll bet that list is close the the positions presently held by JPM's prop traders.

     

    seekingalpha.com/curre...
    2 Jun 2011, 06:50 PM Reply Like
  • ramp 'em and dump 'em. Gotta love the TBTF criminal institutions.
    2 Jun 2011, 11:01 PM Reply Like
  • For Profit Educators: Pigs at the Trough

     

    americansresistance.bl...
    5 Jun 2011, 06:49 PM Reply Like
DJIA (DIA) S&P 500 (SPY)