Performance

J.P. Morgan (JPM)

We originally recommended shorting JPM on 3/4/19 at a price of $105.70 when most Wall Street analysts were recommending purchase. On 3/15/19 we lowered the protective stop to break even which was elected the following day but then on 3/25/19 we recommended going long at $98.50 within $0.50 of the exact low and exited at the $101.50-102 defined resistance just three days later for a quick profit of over $3.00 or 3% unlevered.

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