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J.P. Morgan Chase & Co. Holds Steady

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February 10, 2011 – Comments (0)

J.P Morgan Chase & Co.(NYSE:JPM) and most of the other large major banks are holding up well today despite the wild rodeo action in the stock market today. The financial stocks have been the leading sector in the stock market since late November 2010. Short term traders can watch for intra-day support on JPM around the $45.05 - 45.00 area. This is a level that JPM stock may have a small intra-day bounce.

 

Nicholas Santiago
InTheMoneyStocks.com

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