JPMorgan: The Bank You Want To Own For The Next 6 Months And Maybe Forever


  • “Sell in May and Go Away” does not hold true for the S&P 500 in the last 10 years.
  • In the years immediately preceding the Credit Crunch, returns in the first half of the year exceeded the second half’s.
  • Since the Fed started stress testing banks, second half returns have exceeded first half returns – JP Morgan has benefitted more than most.
  • Over the past 10 years, 9 out of 10 Julys have been positive months for both SPX and JPM. JPM subsequently produced positive returns (on average) of 14.75% versus 6.6% for SPX.
  • These facts, a fortress Balance Sheet, and recent weakness mean that now is a good time to buy JPM.

JP Morgan Chase & Co. Headquarters sign, Park Ave, NYC


Recently, I was trying to determine if the saying, “Sell in May and Go Away” had any basis in fact. Looking at the last 10 years of data for SPY, it appears that if it ever did, it

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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