A bad time for earnings doesn't necessarily mean it's a bad time to buy stocks, JP Morgan says

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Betting against the stock market because of a weak outlook for corporate earnings might not be the best strategy.

 

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So irresponsible. Shame on you guys.

a bad x or earrings is the best time 2 buy stocks IMO

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Weight Watchers' stock tumbles after downgrade to rare underweight rating at J.P. MorganShares of WW , formerly known as Weight Watchers International Inc., tumbled 6.2% in premarket trade Tuesday, after J.P. Morgan analyst Christina Brathwaite turned bearish the weight management and wellness company for the first time, citing continued user declines. Braithwaite cut WW to a rare underweight rating, after cutting it to neutral from overweight on Jan. 11. Only 14% of the companies J.P. Morgan covers globally are rated underweight. Braithwaite also cut slashed her stock price target to $25 from $37. She said her downgrade comes as her research suggests daily active users (DAU) on that WW app keep contracting "in the most important period of the year." Since the downgrade in January, Braithwaite said DAU trends have worsened, app reviews have become increasingly negative and competitors Noom and Diet Doctor have continued to gain traffic share. The stock has plunged 71% since the June 20, 2018 record close of $103.09 through Friday, while the S&P 500 has gained 0.3% over the same time. The irony. Weight Watchers are underweight... and that’s a bad thing?!? 😆😆😆 Under weight Weight Watchers ... is almost as good as the old Scott Paper touches a new bottom.
Source: MarketWatch - 🏆 3. / 97 Read more »

JP Morgan says Asian shares will go up as risks come downMixo Das, Asia equity strategist at J.P. Morgan, says he prefers 'value stocks' in the first half of this year. He also favors shares in China, Singapore and the Philippines. If you're short, bail! Markets going higher $spy 280 soon! bears will gets burned
Source: CNBC - 🏆 12. / 72 Read more »

JP Morgan rolls out first US bank-backed cryptocurrency to transform payments businessEngineers at the lender have created the 'JPM Coin,' a digital token that will be used to instantly settle transactions in its wholesale payments business. Blah, blah, blah. It's NOT cryptocurrency its Digital currency, get the facts right! I love how he talked about bitcoin , haha , Poor bitcoin lovers
Source: CNBC - 🏆 12. / 72 Read more »

JP Morgan is rolling out the first cryptocurrency by a US bank to transform payments businessEngineers at the lender have created the 'JPM Coin,' a digital token that will be used to instantly settle transactions in its wholesale payments business. It's called a shitcoin bitcoin bad, JPM coin good don't buy it. scammer... talked shit about the community and space. now want to promote his coin. DON'T BUY IT. SCAM ALERT!!!
Source: CNBC - 🏆 12. / 72 Read more »

International: Top News And AnalysisMarkets have lowered their bar for what trade talk developments they will cheer, a J.P. Morgan Asset Management global market strategist, Hannah Anderson, said Friday. Don’t tell me, made in Sweat 😓 Shops for $5? doubay your style via cnbc justinsuntron
Source: CNBC - 🏆 12. / 72 Read more »