Is JPMorgan Chase & Co a great buy as the world grows in optimism over vaccine hopes?
JPMorgan Chase & Co have a very strong seasonal pattern for this time of the year from Nov 26 through to Dec 08-10. Over the last 15 years the share price has risen 10 times recording an annualised return of over 275%. The largest profit has been 19.17% and the largest loss has been -7.23%.
Trade Risks: The main risk to this trade is if there is heavy equity selling on month end flows or risk off trading on rising COVID-19 lockdowns.