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re: JPMorgan CEO blows up at Washington's 'stupid s---'

Posted on 7/14/17 at 12:23 pm to
Posted by tedmarkuson
texas
Member since Feb 2015
2592 posts
Posted on 7/14/17 at 12:23 pm to
quote:

JPMorgan’s earnings beat Wall Street estimates, with profits rising to $7 billion in the second quarter, up 13 percent from a year ago. Earnings per share increased to $1.82, ahead of the $1.58 a share expected by analysts


that was a very nice beat. yet the stocks off nearly a point which is a text book case of buying on anticipation of the news and sell on the news.
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