All the giant banks revenues down -50% to -60%

JP Morgan and cartel got hit hard after 2019

 

ie there are many happy traders
and many sad investors.

 

Yes, this is why they are down so much. JPM for example is down from like 169 to 114. That is a HUGE down move, that shit comes about like once a decade or so. Priced in. Buy buy buy.

 

Very sad... I feel bad for the banks.

 

Fed is tightening. Not sure if it is a buy, hold at the most.

 

LOL, tried to tell you guys. PRICED IN. Financials are a buy. Picking up JPM this cheap will a couple years from not seem CRIMINAL. There is no doubt...

 

You know what happened to European banks? They never recovered to their highs... The same might be happening to US banks right now. Investing is not my strength but as swing trader this is important too.

 

You're showcasing Investment Banking, only one part of their revenue stream. Most of the big banks were either flat or small changes in their overall PnL. l

 

Bank Earnings Provide A Positive Start To Earnings Season Despite The Misses

https://www.forbes.com/sites/bill_s...gs-season-despite-the-misses/?sh=f8061945c565

 

FINANCE
Goldman Sachs crushes analysts’ expectations on strong bond trading results, shares rise 2.5%

https://www.cnbc.com/2022/07/18/goldman-sachs-gs-2q-2022-earnings.html