JPM missed Q3 earnings and trades below its 200-day level near 325; below that, nothing good happens for traders, especially longs. If JPM cannot take back 325, that would not be good for banks overall and probably for sentiment. No position taken; wait a day or two post-print.

As I look right now, you could see JP Morgan down eight. You know, sounded like JP Morgan was a miss.

Let's see where's where's a level for JP Morgan. This is your 200 day right here. This is 325. Question is, you know, was JP Morgan from 366 down enough. So, this is 325. This is right there.

So, will JP Morgan hold this? if it can't hold the 200 day, probably not going to be the the the best environment for other banks unless they start to just uh be very specific.

So right here like you could see JP Morgan Q3 earnings highlights um you know and um talks about I guess you know Wells Fargo and Johnson.

So, 325 is is a is a real key spot for for JP Morgan. I don't have any bank earnings. I didn't have I don't have any options for earnings. It just, you know, it's hard hard enough to make money and the banks are always very very noisy postprint.

So, wait a wait a day or two to see what the real, you know, situation is there.

JP Morgan is now down 11. So JP Morgan is down 11 and uh it's below 325. If JP Morgan can't take back 325, I I have a feeling the market's not going to not going to like it. Maybe some money will go from the banks back to oversold semiconductors like you said.

That could happen. Um so, you know, below 325, you know, nothing really good happens below the 200 day for any traders, especially if you're trying to be long anyway. So, so see how that handles that spot.

I'm not I can't get into the specifics of the JP Morgan miss. Go to, you know, some more fundamental guys. I have too much to do. All I know is, you know, JP Morgan staying below uh 325 would not be good for um overall the banks and probably sentiment.

what does JP Morgan do? Does it put a low in in the first half hour or does it trend down all day?