THE LMTR EDGE:

Join over 25,000 investors and get alerts for:
  • Market Timing Reports
  • Sentiment Updates
  • Chart of the Week
  • Weekly Podcasts
  • The Magic Number - Top Stocks

Collapsing JP Morgan Stock is Signaling Wall Street’s Worst Fears for the Economy

Collapsing JP Morgan Stock is Signaling Wall Street’s Worst Fears for the Economy.  As the chart below shows, JP Morgan’s share price is about to break through March lows. That means expectations are shares could go substantially lower amid analyst forecasts that earnings may fall 50% in 2020.  In fact, many analysts are predicting earnings won’t recover to 2019 levels until 2022 as a result of falling interest rates and a collapsing economy. As the banking industry leader, big trouble for JPM means big trouble for the whole sector and the economy, possibly into 2022.

Collapsing JP Morgan Stock is Signaling Wall Street’s Worst Fears for the Economy
Collapsing JP Morgan Stock is Signaling Wall Street’s Worst Fears for the Economy

See More Chart of the Week Posts:


Brad Lamensdorf

Brad Lamensdorf, the founder and portfolio manager of Active Alts, is a principal and co-manager of the AdvisorShares Ranger Equity Bear ETF. He previously managed a long-short investment partnership from 1998-2005 under the name Tarpon Capital Management. Earlier in his career Mr. Lamensdorf was an equity trader/market strategist for the Bass Brothers’ trading arm. He managed a short only portfolio in addition to co-managing a $1bil hedging program. He also served as in-house market strategist for the entire internal and external network of Bass Brothers money managers.

Leave a Reply

Your email address will not be published. Required fields are marked *

2018 - All Rights Reserved © LMTR, LLC

Privacy Policy - Contact Email: info@lmtr.com