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Before US markets open on Tuesday, JPMorgan Chase & Co. will do us the honours once more of being the opening act for this latest US earnings season. Already, the options markets are pointing to a one-day move of 3.14 percent, either way, following their Q3 earnings release. If such a price swing were to transpire, that would be larger than the average 1.9 percent absolute move for the past eight reports!JPMorgan’s performance will also be closely scrutinised because it may give investors an idea about where the world’s largest economy is headed. As the US economic recovery shows... Read More
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