• 10 months ago
Dan says it is interesting how poorly JPMorgan acts relative to Bank of America and Wells Fargo.

Dan says there is some decent relative strength in banks other than JP Morgan right now.
Transcript
00:00 You know, it is interesting how poorly JPMorgan acts relative to Bank of America and Wells Fargo off of its lows.
00:06 Wells acts really well up about 20 percent, Bank of America up about 15 percent,
00:10 and then obviously, you know, the investment banks, Morgan Stanley and Goldman,
00:13 despite the fact that we know a lot of the activity that they traffic in, they are not the mega banks,
00:18 are not doing particularly well right now, they act really well off of the lows.
00:22 So there is some, to Tim's point, some decent relative strength other than JPMorgan right now.

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