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Thursday, May 10, 2012

JPM ~ After-Hours Trading ~ May 10th

JPM has fallen in after-hours trading on May 10th, as shown on the 4-Hour chart below.

This Wall Street Journal article explains that "J.P. Morgan has taken $2 billion in trading losses in the past six weeks and could face an additional $1 billion in second-quarter losses due to market volatility."

Friday should be interesting since XLF and other major banks have also dropped after-hours...