JPMorgan Profit Soars to Record $49.6 Billion in 2023, JPM Hits All Time High

JPMorgan Chase, America’s largest bank kicked off the banking sector’s fourth quarter earnings season on Friday before the market opened beating analyst estimates. 2023 was a record year for full-year net income at $49.6 billion. Fourth-quarter net-interest income of $24.2 billion a record, as did its full-year net-interest income of $90 billion, excluding markets. Looking ahead, JPMorgan expects 2024 net-interest income excluding markets of about $88 billion. That forecast is stronger than the analyst estimates of $86.5 billion. Shares of … Continue reading “JPMorgan Profit Soars to Record $49.6 Billion in 2023, JPM Hits All Time High”

Traders Market Weekly: Hello 2024, Unexpected Opportunity on The Menu

Jan 8 to 14, 2024 FEAR NOT Brave Investors Where have we been and where are we going? Join our weekly market thread on Traders Community… The Week That Was – What Lies Ahead? Contents Click on the links below to navigate to the relevant section. Editorial Global markets wasted no time signaling 2024 liquidity concerns, bonds and stocks spent the week selling off as expected with the short covering and bonus enthused rally of 2023 fully sated for now. … Continue reading “Traders Market Weekly: Hello 2024, Unexpected Opportunity on The Menu”

Stocks Up 20% Globally, Best Since 2019, Can They Continue?

The MSCI’s world share index, a broad measure of global developed market equities, posted a 21.56% gain in 2023, its most in four years. The move was established in the run since October as investors bet central banks will begin cutting interest rates in 2024. The buying triggered short covering which exasperated the move higher. The big question as always with stocks, can they continue higher? There are many factors, the main one at this time is interest rates given … Continue reading “Stocks Up 20% Globally, Best Since 2019, Can They Continue?”

Traders Market Weekly: Brand New Year, what is Ahead?

Jan 1 to 7, 2024 FEAR NOT Brave Investors Where have we been and where are we going? Join our weekly market thread on Traders Community… The Week That Was – What Lies Ahead? Contents Click on the links below to navigate to the relevant section. Editorial The Santa rally marched on with all three major US Indices closing 2023 with a nine-week winning streak. The Nasdaq and Dow Jones both notching all-time highs in a run that found it’s … Continue reading “Traders Market Weekly: Brand New Year, what is Ahead?”

Traders Market Weekly: Santa Claus Came to Town

Dec 25 to 31, 2023 FEAR NOT Brave Investors Where have we been and where are we going? Join our weekly market thread on Traders Community… The Week That Was – What Lies Ahead? Contents Click on the links below to navigate to the relevant section. Editorial Santa delivered in 2023 with stock markets booking eight straight weeks of gains as he jumped on his sled for Christmas Eve. Bonds markets rallied, the soft-landing stories coupled with year end window … Continue reading “Traders Market Weekly: Santa Claus Came to Town”

Traders Market Weekly: Market Combustion, Short Squeeze Meets Fed Pivot

Dec 17 – 23, 2023 FEAR NOT Brave Investors Where have we been and where are we going? Join our weekly market thread on Traders Community… The Week That Was – What Lies Ahead? Contents Click on the links below to navigate to the relevant section. Editorial The short squeeze that had its beginnings in the Regional Bank Collapse and subsequent banking bailout and softly, softly QE with a little carry trade sauce lurched higher this week. Markets took flight … Continue reading “Traders Market Weekly: Market Combustion, Short Squeeze Meets Fed Pivot”

Traders Market Weekly: Treasury Debt and Central Bank Balancing Act

Dec 10 -16, 2023 FEAR NOT Brave Investors Where have we been and where are we going? Join our weekly market thread on Traders Community… The Week That Was – What Lies Ahead? Contents Click on the links below to navigate to the relevant section. Editorial It was a week of consolidation for the major stock indices as they closed the week with modest gains ahead of quadruple witching next Friday. The S&P 500 closed the week at 4,604 up … Continue reading “Traders Market Weekly: Treasury Debt and Central Bank Balancing Act”

Traders Market Weekly: Algorithms, Jobs and Holiday Markets

Dec 3 -9, 2023 FEAR NOT Brave Investors Where have we been and where are we going? Join our weekly market thread on Traders Community… The Week That Was – What Lies Ahead? Contents Click on the links below to navigate to the relevant section. Editorial The markets continue to roll-on, fueled by carry trade liquidity, short covering in crowded trades as unemotional algorithms dominate emotional human decision making. On Friday the S&P 500 closed at 4,594.6 on Friday, its … Continue reading “Traders Market Weekly: Algorithms, Jobs and Holiday Markets”

Traders Market Weekly: Squeeze Dynamics and Market Fragility

Nov 26 – Dec 2, 2023 FEAR NOT Brave Investors Where have we been and where are we going? Join our weekly market thread on Traders Community… The Week That Was – What Lies Ahead? Contents Click on the links below to navigate to the relevant section. Editorial Markets delivered more of the same in the shortened Thanksgiving week with speculators giving thanks to equities indices as they continued their drive higher as short squeeze dynamics continue to play their … Continue reading “Traders Market Weekly: Squeeze Dynamics and Market Fragility”

Traders Market Weekly: Holiday Shopping Season Kicking Off

Nov 19 -18, 2025 FEAR NOT Brave Investors Where have we been and where are we going? Join our weekly market thread on Traders Community… The Week That Was – What Lies Ahead? Contents Click on the links below to navigate to the relevant section. Editorial Equities continued their drive higher as short squeeze dynamics playing their role. The Goldman Sachs most short index surged 7.2% in Tuesday trading, the largest one-day gain in a year (11/10/22). Indicative of squeeze … Continue reading “Traders Market Weekly: Holiday Shopping Season Kicking Off”