Not much of an explanation needed here… financials have been struggling, and JPM right along with them. What’s notable here is that price has fallen below the pre-COVID highs, which means that all recapture, plus growth obtained prior to COVID, has all be vanished for stockholders of the mega-bank.
Written & Annotated for the CMT Association.
Adam D. KooÌs, CFP®, CMT , CEPA
President / Sr. Financial Advisor / Portfolio Manager
Libertas Wealth Management Group, Inc.