JP Morgan Chase Cover

JP Morgan Chase price analysis may explain why CEO James Dimon said what he said --"The recession is just starting. " As for its implications to JPM, it wasn't a surprise for me, even with the fire sale of Bear Stearns. Historically, investor sentiment for JPM compared to today's pricing dynamics aren't reassuring. Sampling over 20 years of JPM price patterns similar to today at various ticks exposed weak historical performances.

Historically the majority of JPM 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, and 12 month price charts similar to today have generally resulted in a downward trend. The correlation of the causations are significant, for the most part well below the statistically healthy range for the ticks sampled.