JPM

BuySlySellSlow

Nice job, man! I trade on JPM, too! Clunky but it works. I'm up a bit over 300% myself this year. 🤑👍🏼

Mnshine_1

They are buying what JPM is selling

Ok_GAINZ

JPM has a bunch of sold calls at 6505 expiring Sept. 30th so i wont be surprised if we see that by the end of the month... but i also wont be surprised if we don't.

Happy_Discussion_536

A ton of high quality compounders hit new ATHs today: JPM, AXP, WMT CAT as well, considering going in.

cryptohorn

JPM had huge losses on tricolor

ShotBandicoot7

Wait for OPEN share offering incoming after JPM buy recommendation. Good for OPEN to get rid off debt.

ShadowsOfTimes

https://violationtracker.goodjobsfirst.org/parent/jpmorgan-chase imagine a too big to fail mega banking donor consistently being so corrupt and incompetent that they have been paying out penalties on average of about once per month for the last 2-3 decades https://subsidytracker.goodjobsfirst.org/parent/jpmorgan-chase and still has been given multitudes of trillions of dollars in tax subsidies when accounting for current day inflation to artificially stay afloat (a zombie corporation with more subsidies than any corporation in human history) Not that taxes are actually paying for anything since everything is paid for with unsustainable and perpetual debt, not taxation. We have been in deficit spending since 2001 and the government can no longer function without a deficit. Interest alone on the debt is expected to become the biggest government expense by 2051. The spending budget by definition doesn’t even truly exist anymore. But still… it’s the sentiment. www.wtfhappenedin1971.com That said, JPMorgan can do whatever it wants. JPM is above the law. They can do whatever they want via their 0% fractional reserve scheme to solidify their privatized-gains/socialized-losses business model because they know they cannot lose. JPM essentially owns you and I. Benefits of being the largest bank in the US, the largest lobbyist in the banking industry and the largest member of The Fed. The shenanigans that JPM pulls sets the standard for all banks. They are the king and you are the peasant. Jamie is amongst the biggest pieces of shit this country endures. This is the same guy that tells average Americans they need to “pull themselves up by their bootstraps” while simultaneously only existing because of the American tax payers that he goes out of his way to not hire and replace with temp Indian contractors.

GCHQSpyingonU

Dude, haven't you heard of 'Pump and Dump' before? JPM pumped it up in the news than sold all his shares to all you bagholders. Welcome to the regards club.

WildConsideration376

Charlie Javice, the entrepreneur convicted for defrauding JPMorgan Chase (JPM.N) , opens new tab  into buying her college financial aid startup Frank for $175 million, should spend 12 years in prison for her crimes, U.S. prosecutors said.

gatovision

They don’t criticize their bonds because they’re all in bed and probably paid off by CVNA. JPM, MS, B of A, Wells, Citi, all of them. Just like TSLA, RBLX, PLTR, MSTR, APP and all the other overpriced bs pump jobs that they’re keeping propped up. Its all a scam to cook options buyers.

RagingBearBull

my standard for large building projects is 270 park in NYC. that building cost JPM around 5 BLN, and is one of the Jewels of NYC. This building can contain 14K people. When I see Eli's 5Bln facility that looks like a parking lot, with an office building. Im thinking thats just a bribe.

LeadershipSecure1664

source on JPM & DB statements

trumpdiego

JPM and DB both having some berish statements today, plus the noticing of the AI circle jerk fake revenue and ai slop is starting to catchup. We might only go up for another 8-12 months top.

thatpurple

JPM calls a rate cut, I’m assuming rate cut. Uncle Jamie knows.

Happy_Discussion_536

Ease into JPM. Better than cash because they have cash but deploy it better and higher returns than you.

Worldly-Coast6530

How would you choose between JPM and any of the funds(JGGI / JAM etc) managed/owned by them?

JafarFromAfar2

JPM’s quarterly collar is absolutely fucked and they need SPX under 6505 by Sept 30th

Mountain_trol1

JPM thinks markets will pull back 4% after FED. Buy calls

vgavina10

JPM “RATE CUT IS PRICED IN” is probably what they are thinking rn

Happy_Discussion_536

JPM and MS new ATHs yet again. Buy and hold. Yes it really is that simple.

Happy_Discussion_536

JPM, MS new ATHs 💪.

Seattleman1955

JPM and PGR (JP Morgan and Progressive insurance).

LFC-23

Yep, this is another thing, JPM etc earnings are gonna expand 📈

PapaCharlie9

Work with your broker. There are some maneuvers you can try, but they have to be supported and facilitated by your broker. First and foremost, do you have compensating tax loss harvesting on the books already? The cap gain might be a tax non-event if you already have enough losses this year to cancel it out. Assuming that is not the case ... If your broker allows you to designate which shares are taken during an assignment, you can just buy more shares at the current market price. That will leave your lower cost-basis shares untouched. NOTE: The cost of doing this might be higher than just buying back the call, so do the math. Failing that, find out if your broker will allow you to leg the short call into a vertical spread. Then you can buy a long call, which again would isolate your lower cost-basis shares from assignment. Failing that, yeah, you either have to take assignment or buy back the short call. The buy back could be as a roll, if you want to reduce the cost and buy some time, but if JPM keeps going up, you'll just be kicking this can down the road. In future, *don't write covered calls on shares you are not willing to sell*, particularly if you are not willing to sell for a gain. I don't care how impossible assignment seems at the time, the very fact that the call has non-zero premium means that the chance of the call being assigned is greater than zero.

md___

https://preview.redd.it/e1pj0aqtz2pf1.jpeg?width=2660&format=pjpg&auto=webp&s=da9e8d46dcc595de3d518f5c25fcba92ad944eea JPM recently added shares of 2CRSi. Like the direction it takes

Obvious-Light-2701

I think so. I’ve closed all my long hold positions with exception of gold and silver and have started putting together a crash cart It a cheap insurance policy for a 30% hair cut or more. JPM, Spy, QQQ. They have no place to go especially on a surprise 50 basis cut. I’m thinking market tank on good news, market rank on bad news and market rank on no news.

Beerly_Eagle

So I have 2 JPM covered calls with $295 strike that expire 9/19. The shares are in a taxable account and I'm not willing to realize the sizable gain. What time frames and strikes are the best strategy to avoid assignment and maximize income? Do I need to just bite the bullet and buy them back at a loss?

ItalianHorror27

Sure! Current in play are NVDA and AMZN. Others on my list are AAPL, NFLX, AMD…and then the other five I haven’t touched in over a year are TSLA, JPM, QQQ, VIX, and MARA. AMZN and NFLX have been my two favorites. When I open a CSP, I look for delta between .30 and .40. When I get assigned I try to have my call strike the same as what my put strike was. Let me know if you have any questions.

rukiddingwitme

Believe it or not, not the worst. If you have ever tried to use a retail Bank website, Chase/JPM, in particular to trade, they are absolute garbage. I suspect they might be keeping it that way to try to force clients to use their PWM services. However, they are not that great, and overpriced, for anyone other than the totally financially illiterate.

Healthy_Razzmatazz38

no ones talking about it here but bank stocks are crushing it. MS and JPM have a better 5 year return than meta, near identical to google and thats not including dividends. which are significant so you just get paid to hold through the volatility.

JafarFromAfar2

Upper end of the JPM Collar is 6505, and another huge call wall at 6600. There will be more resistance through EOM.

Happy_Discussion_536

JPM new ATH yet again 💪.

tasselledwobbegong1

And yet there are bag holders, and JP Morgan not only is keeping their buy rating on it but raised its price target for it. Soooo who’s right, you or JPM?

PassTheCowBell

JPM can rot in hell they burn this country to the ground for profit everyday

dappernate

Anyone pretending to understand the market is a fool. JPM included

turdhurler89

Nice. I sold my MU calls at open for a nice profit yesterday. I think i should probably dip back in with the new price target from JPM

_jasmin17

i like JPM! it’s up +27% YTD compared to SPY up +12%. it’s the only one of the global systemically important banks thats outperformed SPY since the financial crisis, it has a 10 year CAGR of 20% compared to SPY’s 15%. the two next biggest banks, BAC and C, have 10 year CAGRs of 14% and 10% respectively. out of financial stocks, JPM is by far the golden standard.

ShadowsOfTimes

https://violationtracker.goodjobsfirst.org/parent/jpmorgan-chase imagine a too big to fail mega banking donor consistently being so corrupt and incompetent that they have been paying out penalties on average of about once per month for the last 2-3 decades https://subsidytracker.goodjobsfirst.org/parent/jpmorgan-chase and still has been given multitudes of trillions of dollars in tax subsidies when accounting for current day inflation to artificially stay afloat (a zombie corporation with more subsidies than any corporation in human history) Not that taxes are actually paying for anything since everything is paid for with unsustainable and perpetual debt, not taxation. We have been in deficit spending since 2001 and the government can no longer function without a deficit. The spending budget doesn’t even truly exist anymore. But still… it’s the sentiment. That said, JPMorgan can do whatever it wants. JPM above the law. They can do whatever they want via their 0% fractional reserve scheme to solidify their privatized-gains/socialized-losses business model because they know they cannot lose.

Awesome____Sauce

Or, an analyst out of thousands at JPM is just bullish on the company

Happy_Discussion_536

JPM new ATH yet again. * An impenetrable financial fortress with mountains of excess cash. * High ROTE, cash printer. * Top talent. Everyone rowing in the same direction. * Elder statemen leadership with deep ties to regulators and commands respect from the industry. You have to be an idiot to think cash is more desirable than holding this company.

Happy_Discussion_536

JPM new ATH yet again. * An impenetrable financial fortress with mountains of excess cash. * High ROTE, cash printer. * The top talent. Everyone rowing in the same direction. * Elder statemen leadership with deep ties to regulators and commands respect from the industry. You have to be an idiot to think cash is more desirable than holding this company.

Hot-Pop-3250

by that logic i should go buy all the overweight ratings from JPM

Material-Entrance425

JPM calls

ItalianHorror27

I was able to check the spreadsheet from my phone…QQQ, AMD, and JPM are the others but I haven’t used those in a long time.

undockeddock

Believe it or not, JPM. They are the most competent of the big banks and i have yet to have a bad experience with them

Jordykins850

FITB embroiled in bad loans for migrant auto loans story lol 🫣 JPM & Barclays both apart of the story.. but we know who is gonna hold the bag here. Eassssy put play.

I_Own_A_Fedora_AMA

ORCL is now the 10th biggest component of SPY, beating out JPM. Congrats to all call holders

TrackEfficient1613

Pick large moat companies that make it next to impossible for other companies to take away market share. My 3 favorites are AAPL, JPM, and MSFT.

Commercial_Rule_7823

Jnj Epd Bofa or JPM

BalerionSanders

The ETF comment is probably the right answer. It’s really hard to see JPM, MSFT, or MA and/or V not existing and making money in 15 years. A lot of answers will be tech, JPM and old banks like that have been here for 200 years. Not the largest, or highest growth (again, VTI/VXUS/BND/BNDX is a really good split maybe with IAU as insurance), but around. MSFT has a wider diversity than most of the tech stocks, that would be the one I pick to survive the forthcoming AI bubble crash that will likely occur within that time span you specify.

grackychan

Release from conservatorship and uplisting to public exchange (NYSE). Trump summoned BAC, JPM, C, WFC and GS CEOs in August to the White House to hear their plans to underwrite an IPO for Fannie and Freddie. Scott Bessent has said the IPO will likely be worth north of $500 billion, reflecting a significant premium from current prices.

RagingBearBull

fuck, 270 park in NYC only cost 3bln ish to build. Holy fucking shit, thats a fucking amazing deal. LONG JPM!!!

Future-Raspberry-780

Market isn’t up for me. All tech stocks I have are down. Where is this rally happening? Only thing of mine in green is JPM. GE down, Uber down, BKRB down, Apple, Nvidia, ETFs all down. So I am confused

BeneficialQuality899

JPM is better

Happy_Discussion_536

>Bloomberg's got a pretty interesting writeup on a potential repeat of 2019's LIBOR/SOFR rate spike right before the Fed rate cut decision. u/moorhound 2019 repo fiasco was interesting. Part of the problem was fear among well even among well capitalized banks JPM with zero issues not wanting to step in and lend at extremely lucrative rates. People were scared about what could happen in a post QE / QT world. That really isn't as big a thing now. We also now have the standing repo facility established due to the spike, which can quickly inject liquidity. Banks can bring high quality collateral like treasuries and borrow from the Fed (technically sell bonds to the Fed for cash and buy them back a bit higher but effectively it is a collateralized loan). Additionally, several months leading up to repocaplyse 2019, excess reserves at the Fed were draining rapidly: https://fred.stlouisfed.org/graph/fredgraph.png?g=1MaEC&height=490 Since we have dramatically slowed down QT and close to halted Treasury QT, reserves have in a steady state if not actually trending upwards: https://fred.stlouisfed.org/graph/fredgraph.png?g=1MaEF&height=490 I hate to sound like an arrogant bull on repeat... but this time is different!

Street-Badger

Epstein estate denies alleged association with JPM, threatens libel.

UnObtainium17

Sold a chunk of my JPM and moved the money to MELI. Been wanting to have that company in my portfolio. It dipped massively recently but my money went to other stocks like GOOG, GRAB and NU.

Obvious-Light-2701

Down turn 🤣🤣🤣. Man I’d start building a crash cart with 50% haircuts across the board. Start with JPM, SPY and QQQ.

WickedSensitiveCrew

GS/MS/JPM is corruption.

WickedSensitiveCrew

GS/MS/JPM make money on the majority companies going public. So when your Canto funds example goes public they have to go through GS/MS/JPM. You say screw it but GS/MS/JPM are at all time highs due to this.

tastelikemexico

I wasn’t really “planning” on retiring when I did. I started a little business 35 years ago, then 16 years ago I merged with a larger company. After a few years it ended up just 2 of us. I had 30% and he had 70%. It worked for me because I was making more money with less responsibilities than when I had 100% of my own. Well a little over a year ago someone out of the blue made us an offer we couldn’t refuse lol. With me having to sign a non compete of course I decided to just retire. It’s probably real close to being “enough” to retire on but my wife still works and we still own the building that the business is working out of so for right now it’s working. I did not give my money to the big hedge fund guys I just meant I have some with JPM and some with Fidelity. They say it’s enough and I will be just fine but it still makes me a little nervous being that I have always had a job with regular income coming in since I was 19 years old lol. I am definitely going to check out the LEAPS. I am kicking myself because I have been wanting to buy HOOD since it IPO’ed and I have traded it a lot and made money off of it but it is the one that I have thought about just buying and holding, buying on dips and accumulating it BUT I never did and then I kept saying well it’s already overpriced now and I just keep watching it go higher and higher lol. Now they get into the S&P. I was already planning doing CSP on them this week. If I get assigned, good if I don’t, good, the premiums should be pretty juicy. I really am just learning all this stuff as I go. I am not very educated on any of it. So I really appreciate all the ideas people like yourself throw out here. I will be researching some ETFs this week. I may buy some LEAPS on HOOD also. If I do I probably won’t mess with the CC until it settles back down some. But I am thinking end of September may be a good time to buy some stuff at least historically it looks like a good time to get some things on sale. So may be a good time for some leaps on some ETFs 🤷🏻‍♂️.

WickedSensitiveCrew

When the IPO market is hot, the consistent way to play it is through the investment banks and underwriters – Goldman Sachs (GS), Morgan Stanley (MS), JPMorgan (JPM), etc. They earn fees every time they bring a company public, so they’re the real picks-and-shovels of IPO activity. You could also include the exchanges (Nasdaq: NDAQ, NYSE/ICE) since they benefit from listings and higher trading volumes. BX and APO are in a different lane. They can benefit indirectly if their portfolio companies IPO successfully, but that’s lumpy and depends on timing. Their earnings are driven more by fundraising cycles, deal activity, and asset valuations than by whether the IPO calendar is hot in general.

DanOnTop

SOFR+2.75 is still really good. Remember these lines are interest only so there's no principal payment. As your portfolio gets higher and higher you get better and better rates. All the big banks do this - Schwab, JPM, BOA, UBS, USB etc... They will open a brokerage account and then lend against it.

greenpride32

Actually revenue, profits and dividend distributions of SP500 collectively continues to rise over time. Don't believe me? Go look at the financials of some top weights such as NVDA JPM COST V MA MSFT AMZN NFLX AVGO GOOGL. It's just lazy rhetoric to think stock market goes up stricly on inflows. You have cause and effect wrong. The inflows are drawn in due to the performance of the companies. If the performacne wasn't there, the investment dollars would flow to other vehicles.

retswed

JPM

Seattleman1955

As far as a good company Costco but it's currently (and usually) already highly valued. I have JPM and PGR as my non-tech stocks.

burningmuscles

As things stand, if it wasn't for the currency fx, the "sell America" trade wouldn't have necessarily worked. And since it hasn't worked, I'm going to stick to my guns for the foreseeable future, especially as things are getting a bit wobbly, and everything (regulatory speaking) is in flux. Yes, it will take a braver man than I, to be heavily invested in a market that is subject to constant threat of tariffs, state intervention, the integrity of fed independence, and intentional dollar debasement. But yeah... JPM is up 38% from this time last year, up 190% over the last 5 years. MSFT is up 23% from this time last year, up 131% over the last 5 years. I just don't like those odds, but risk tolerance, attitudes, and length till retirement, may vary.

PutItOnTheRitz

Interesting mix…that’s solid diversification across bonds, global equities, and some gold. I’ve been noticing a lot of folks shifting toward defensives too, especially dividend-paying blue chips…They don’t hedge like gold, but names like MSFT or JPM tend to hold up well when volatility spikes. Do you think you’d ever rotate more into those for stability, or stick with your current balance?

Good-Bid-7325

Ask ChatGPT how resilient European banks are compared to let's say JPM. You'll be surprised. Most of them aren't even close to being back to their pre financial crisis highs.

ProofByVerbosity

That makes sense. Although i base my question on actual actions. Not as much GS but JPM is well known for shit talking things they are buying in the background.

oncesagacious

What someone else said is quite correct. Look back at JPM and Rothschild and how the factions have splintered the wealth across generations and marriages.

Wowmuchrya

You know FINRA margin debt is at an all time high in the US too right? Bubbles can last a long time. You have retards full port on margin daily because there's no punishment. It will pop on a random Tuesday when nobody suspects it from the most boring shit, not when everyone is trying to short the market like JPM is.

penguinpandapear

JPM really is a terrific stock + company. When I first started in 2020 I bought in for like 100 a share. Sold my whole position of like 2000 dollars for 150 a share three years later to focus on tech which I slightly prefer. Remarkable to see it at 300 less than 2 years later though! Are you concerned for succession planning at JPM? I agree that Jamie Dimon is an excellent steward of the company but I wonder if his successor will be able to meet the high bar set by him? In some ways I think there is leadership risk for them because Dimon’s excellent leadership is already priced into the stock and he wont be around forever.

Happy_Discussion_536

JPM new ATH again. * Cash printing financial fortress with huge moat. * Top bank in the business. Consistently deploys capital well. * Best talent top to bottom. Everyone rowing in the same direction. * Respected leaders and elder statesmen with strong relationships with regulators. 💎🤲 and die rich company.

justbean

https://preview.redd.it/msekjtak36nf1.png?width=1912&format=png&auto=webp&s=5f5bc5d99e903eabe8b66e67a07ed296cea0f2aa In 2008, when the S&P 500 was on a 40% annual decline, Lee set a year-end target of 1590. The index ended at 903. His string of bullish misfires led to JPM forcing him to "take time off"...the bank refused to speak about him after that. He's the ultimate Ponzi hype guy -- reminds me of dudes who tried to sell my parents Amway -- so there's $ to be made following him...just make sure you get out before everyone else does.

visionarymind

* 🍏mega event 9️⃣/9️⃣ * TooLateButSoonToBeFiredForCause Powell will cut rates 9️⃣/1️⃣7️⃣ * 🧙‍♀️🧙🧙‍♀️🧙 OpEx 9️⃣/1️⃣9️⃣ * Monthly/Quarterly rebalance ➕JPM☃️ collar trade update SPX 6,555 🔜

Memphader

34M I’ve been investing for about 6 years now and have made decent money from good investments. I have a pretty good idea of what I’m doing but have never had a 401K before. I recently got a new job that provides one and a match, which I fully understand how they work. From my investing experience I know that it’s best to diversify a bit so that’s what I did. These are the choices I made and the percentage of each I have going to them from each contribution. FSMDX(Fidelity Mid cap index)-20% ODIIX(Invesco discovery fund)-10% JLGMX(JPM large cap growth)-20% MINJX(MFS international fund)-10% VINIX(Vanguard institutional index)-20% FRBEX(Fidelity 2070 fund)-20% I can change my contributions and choices at anytime, and am allowed to rebalance as well. Any suggestions or advice would be greatly appreciated.

BeneficialQuality899

JPM will never go broke

LiamPhlegmsworth

There’s no way the Elon cult even exists. It’s just JPM and Cantor Fitzgerald manipulating the price daily. Retail’s only contribution is dumping when dumbass goes on a Tweet spree

SukottoHyu

It is diversified with respect to the stocks it covers, but most of its movement comes from large cap tech stock. It is volatile to the US market, specifically US tech companies. A diversified portfolio would have some weight on commodities and foreign markets. Looking at 12 month returns. S&P 500: 19% Gold: 63% (Commodity) Apple: 3.8% Coffee: 63% (Commodity) Costco: 6% Tesco: 21% (UK) JPM: 32% Deutsche Bank 102% (Germany) Honeywell: 2.9% Mitsubishi: 30% (Japan) Yes, it can create millionaires. Yes, one should invest in it. But I can't agree that one index represents a diversified portfolio.

Grunblau

JPM about to drop off some bags of rocks at the COMEX with some official looking paperwork…

Rare-ish_Birb

I prolly trust JPM actual credit card spend more than PWC survey.

quan42069quan

New price targets for GOOG from this morning: China Merchants - $270 from $225 Needham - $260 from 220 JPM - 260 from 232 Wedbush - 245 from 225 Deutsche - 260 from 215 Keybanc - 265 from 230 Barclays - 250 from 235 Citic - 230 from 200 RBC - 260 from 220

yodamastertampa

JPM pays 1.87 but grows like crazy DUK pays 3.5 and grows a good bit

Anothercluelesshuman

VOO for most money. TTWO on GTA V6 release plus it’s an ai company they just haven’t figured it out yet. then O JPM META WM WMT Then pick something else you like. I could give you everything but that’s no fun for you!

JackieChanX95

Is anyone big (think JPM) actually paying this or are they just jerking off in public?

dansdansy

The biggest thing I think will be quantum encryption seeds. We already have Quantinuum which has a workable prototype for perfectly random RNG (works with MSFT and JPM), which should harden encryption against quantum decryption. Quantum decryption is the big impact quantum computing could feasibly have next 5-10 years. Other practical applications aside from cryptography seem pretty far off and may not be feasible at all outside limited scope in lab environments kept under extreme temps.

random_agency

Been hold MSFT and JPM for decades. Can't really complain.

OhBenjaminFranklin

CI, JPM, WAT, AJG... exactly what I wanted, thank you!

FlyWannaBeRichGuy

All JPM has to do is stop the hedging or flows out of SLV they control. Squeeze would be massive with short fall on supply shortages.

duboilburner

Unfamiliar with the book, but I don't disagree with the sentiment of not relying on technical analysis alone. It can be useful in tandem with other things, though. Trends in VIX as well as semi-correlated assets like high yield corporate bonds or even seeing what corporate option adjusted spread are doing (it's a day delayed data, but for swing trades/trend confirmation, it's not bad to track). Keep the use of TA simple. Seeing what dealers have on their books for options exposure can be helpful for putting levels on a chart. Volume profile can help with that too, though, where it comes to stock indices, you would want to use the futures for that instead of the index. The indices don't actually have shares to trade, thus no real volume like futures have. The combination of levels implied by volume profile by price plus something simple like what RSI is doing on a 1 hour chart can be useful, plus tracking the correlated items mentioned above. Then, also understand the timing of major options expirations where pivots often happen, or at the very least a temporary increase in volatility that happens around those periods as repositioning happens. 3rd Wednesdays for VIX OpEx and 3rd Fridays for SPX OpEx are the biggest ones, but immediately behind those in importance is the month end expirations (which includes the quarterlies end of March, June, Sep and Dec--the quarterlies have one really massive trade put on by JPM that can be helpful to track which SPX strikes they roll to). You may also notice that some pivots happen on either side of a Friday weekly expiration outside of those biggest importance expirations mentioned. A week ago, we got a pivot kind of start on Thursday, which had massive follow through Friday. Sometimes we get a down move that follows through into a Monday, but then we bottom Monday and bounce from there. 6505 in the dealer GEX profile, which is JPM's short call leg of their collar, started to show up pretty prominently in the profile the last week. It will only grow in obvious size the closer we get to its expiration end of Sep. It can act as a big magnet as well as resistance should price be near enough to it as we near expiration. TA is definitely not the end-all be-all, but a light amount of it in concert with tracking some correlated assets and dealer Options exposure levels can put together a very helpful picture for sure, as well as understanding which expirations are most likely to act as spots where volatility expands again and can sometimes act as a pivot for price action to start an opposite trend.

duboilburner

I think we get a gap down from Friday's close, but I'm not real sure what to expect after that, if it follows through to the downside or if we only get a 2 day down move and then it starts bouncing back--typical month-end flows roiling things a little. September seasonality is usually pretty negative, so that's the big question most of us have is will this only be a 2 day dip as we transition into Sep or do we get a follow through to the downside into Sep SPX OpEx on morning of the 19th. NDX has already shown to be weaker than SPX in the last week, too. Sometimes the tech-heavy NDX does some bearish divergences while SPX hits new highs just prior to everything going on a bit of a slide for a week or longer. Then again, the Russell has been outperforming both lately, which is interesting. Finally going to get a rotation into small caps? The tech titans overcooked at this point and time to pump the things that have been left behind with the profits taken from rotating out of the Mag 7? Maybe! Not that minor VIX options expirations are as important, but it is interesting that the GEX in VIX options imply we stay pinned near VIX 15 into next Wednesday, after that, there's bigger exposures the following week at 16 and 20, and they are positive gamma. So, maybe we range a little where we are to start next week, but then it starts to get spicy to the downside maybe starting with Wednesday. Next Friday's SPX GEX still kind of implies we stay between 6400-6500. 6400 looks like it could act as strong support for now. There's some exposures on for Friday that makes it look like we won't push above 6470 easily. Looking out to the big monthly expiration on the 19th, positioning above 6500 SPX is very light. Kind of giving me the impression there's not much speculation willing to push us much above that point for the time being through September... I suspect we are at a minimum in for some chop here in Sep, but whether or not it's a big down move, or just some sideways chop remains to be seen, but I do feel more confident in saying the bulls are out of steam for the time being. Quarterly expiration wise at the end of month, there's that massive magnet/resistance point from JPM's massive collar trade at 6505. If we do get a correction to start the month, if the bulls step back in after Sep 19 OpEx, possible we magnet back towards 6505 at the end of month, see what happens from there.

VOO_bull_forever

# stocks are BOOMING so goddamn fucking much, just look at JPM

FlyWannaBeRichGuy

JPM manages the SLV, they are short as a hedge, how Lehman Brothers went bankrupt.

666KekLord420

OK OK I’m closing the 65,000$ of JPM I impulse bought on leverage last week Pays for rent and my upcoming debauched weekend, with the valet service for my Camry LMAO Imagine playing NVDA earnings at 4T yall deserved to lose money The rest of my shit is back to 2 days ago; RIP Americunts basically 3rd world country

666KekLord420

Not terrible since I’m leveraged fully into JPM

d0rkprincess

Do you know what triggered this? And what’s up with JPM?

FlyWannaBeRichGuy

You aint seen nothing yet, wait until Silver breaks $42.50. JPM is F'd

FlyWannaBeRichGuy

LOL, volume on SLV is batshit crazy, SQUUEZE JPM SQUEEZE em!

666KekLord420

Sweet JPM new all time highs, good to know the MMs are making money still