由于 5 日均线走低，JPM 目前并非买入时机；可能在 200 日均线/锚点附近企稳。
逐段跳播
你怎么看这些银行？我说的是 JP Morgan、Goldman Sachs 和 Morgan Stanley。Goldman Sachs 已经下跌了 21%，JP Morgan 和 Goldman Sachs 分别下跌了 17%。
你怎么看？你觉得这些估值有吸引力，还是认为我们在债券市场面临更大的问题？
What do you think of the banks? I am talking about JP Morgan, Goldman Sachs, and Morgan Stanley. Goldman Sachs has fallen 21%, JP Morgan and Goldman Sachs 17% respectively. What do you think of it?
Do you find these valuations attractive, or do you think we have a bigger problem with the bond market?
如果有足够多的人把这些东西打开，那么所有这些钱都会大规模地从 JP Morgan Chase 这类大型银行流出，这些银行通过收取巨额价差来宰客。如果我的人从那些支付 4.6% 利息的银行账户中把钱取出来，JP Morgan 将失去他们所有的资产，而这可能引发一场大规模的银行挤兑。
If enough people turn these things on, all that money will flow away en masse from major banks like JP Morgan Chase, which rip off customers with the enormous spreads they charge.
And if my people withdraw their money from the bank accounts on which they pay 4.6% interest, JP Morgan will lose all their assets, and that could cause a massive bank run.
所以我认为，除了利率之外，这可能也起到一定作用，但它正在跌向一个重要的水平。我们今天触及了 200 日移动均线。就在其下方是年初至今的锚点。那就是那条橙色的线。所以这就是我一直在等待的区域，一个会重新引发兴趣的水平。
但在这里，正如你们在我之前的画线中看到的，我强调我们处于下行的 5 日移动均线之下，而且如果 5 日移动均线在下行，就根本没有买入的理由。所以，我在这里也会画出同样的图景：也许未来几天它会这样走，然后我会预期它去拥抱 5 日移动均线。
它做出最初的上涨，把人吸引进来，回落，企稳，5 日移动均线走平，它做出一个高于 5 年均线的高点，然后在其下方止步。这就是我的看法。金融股似乎有可能在这里布局。
So I think that, besides interest rates, that might also play a role, but it is falling to a significant level. We hit the 200-day moving average today. Just below that lies the anchor point for the year to date.
That is that orange line . So this is the zone I have been waiting for, a level where interest would return. But here, as you can see in my earlier drawings , I emphasize that we are below the declining 5-day moving average and that there is simply no reason to buy if the 5-day moving average is falling.
So, I would draw the same picture here: maybe it will do this in the coming days, and then I would expect it to embrace the 5-day moving average . It makes that initial rise, lures people in, pulls back, stabilizes, the 5-day moving average flattens out, it makes a higher peak above the 5-year average, and stops below it.
That's how I see it. Financial stocks appear to potentially position themselves here.
这个频道对 $JPM 的历次判断
Brian Shannon 在这只股票上只有这一条判断。