General Stock Ideas

[Market_Fest4]

Probably a tell, but I have been uber-bullish on JPM's upcoming earnings. Basic thesis: Market has over-sold this best of breed stock. Looking for a surprise that the whale trade was less damaging than market has priced. Playing for a ten percent pop at the open.

If this happens, the market reverses this recent downtrend and a monster rally ensues. I am loaded up with weekly call options.

This almost guarantees that the earnings will be a huge disappointment and a new bear leg ensues. We'll find out in a few hours, but today's stock behavior was weak at best, which deoesn't portend a good result Friday.

oh well, it's only money, as CORX taught me so well.
MF4