Thursday 28 June 2012

JPMorgan trading losses...$9 billion, Ross Stores Inc. -8% since Jim Cramer Buy

JPMorgan reports trading losses may be as much as $9 billion

That may explain why despite the recent strong increase in the stock price, the charts didn’t trigger a change in the previous Sell Short signal.

For full article: JPMorgan

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Ross Stores Inc. dropped by more than 8% since Jim Cramer ranked it a Buy
However, the technical analysis used to identify the trends here shows the opposite; a downtrend is close to being confirmed by tomorrow and if it happens it’ll be included in the weekly update.


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