Financial sector (NYSEARCA: XLF)

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Surprisingly, shares of JPMorgan have been lagging behind the financial sector (NYSEARCA: XLF) and the broad market since the pandemic rebound began. In this light, the shares may soon become a sector leader, although the sector itself may come under pressure. Regardless, the best-case scenario for all 3 now that the results are in is for downward movement within a trading range and for support to confirm at or above the October 2022 lows. 

JPMorgan Chase Falls As Banks Brace For Recession 


Financials should do relatively OK as interest rates are near topping out this year.

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