🚀 Today's Big Ideas: JP Morgan (+7.8%), Texas Instr (+7.7%), MARATHON PETRO (+5.5%)
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(1) Score 9.2 (out of 10): JPMORGAN poised to seasonally rally by +7.8% during the next 90 days
What’s Going On Here?
JPMORGAN CHASE & CO indicates an interesting 90 days seasonal set up. During similar occasions, JPMORGAN CHASE & CO shares had a median return of +7.8% - based on 9 historical occasions with 8 of those showing positive returns (89%). This buy signal for JPMORGAN CHASE & CO received a high score of 9.2 (out of 10). This insight was generated with last price of 154.45.
What’s This Company About?
JPMORGAN CHASE & CO is in the Diversified Banking Inst business. Based on the last 2 years' risk/return profile, this asset is seen as Very Risky. Ticker symbol: JPM US.
What’s the track record of this Signal?
9.6% (September-2022), 8% (September-2021), 5.3% (September-2020), 8.2% (September-2019), 7.5% (September-2018), 7.6% (September-2017), 8.9% (September-2016), 10.5% (September-2015), -1.8% (September-2014)
What’s My Risk / Reward and Time Horizon?
We found 90 days to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 166.49 (+7.8%) has been reached. Based on JPMORGAN CHASE & CO's recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 151.45 (last price at 154.45), which is equivalent to a -1.9% decline.decline.
Historical Chart:
(2) Score 7.6 (out of 10): TEXAS INSTRUMENTS is poised for a +7.7% rally in 3 months
What’s Going On Here?
TEXAS INSTRUMENTS has reached a new medium term low. Previously, during similar occasions, TEXAS INSTRUMENTS shares had a median return of +7.7%, over the following 3 months based on 10 historical occasions with 7 of those showing positive returns (70% hit ratio). This buy signal for TEXAS INSTRUMENTS received a high score of 7.6 (out of 10). This insight was generated on 2023-August-11 with last price of 166.2.
What’s This Company About?
TEXAS INSTRUMENTS is in the Electronic Compo-Semicon business. Based on the last 2 years' risk/return profile, this asset is seen as Very Risky. Ticker symbol: TXN US.
What’s the track record of this Signal?
7.8% (April-2023), 7.6% (September-2022), 4.9% (June-2022), -1.4% (December-2021), -1.5% (January-2020), 12.9% (September-2019), 19.1% (April-2019), 22.9% (October-2018), -10.1% (July-2018), 14.7% (April-2017).
What’s My Risk / Reward and Time Horizon?
We found 3 months to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 179.03 (+7.7%) has been reached. Based on TEXAS INSTRUMENTS's recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 160.8 (last price at 166.2), which is equivalent to a -3.2% decline.
Historical Chart:
(3) Score 7.2 (out of 10): MARATHON PETROLEUM sets up for +5.5% rally in 2 months
What’s Going On Here?
MARATHON PETROLEUM has triggered a new volatility signal (2 month). During similar occasions, MARATHON PETROLEUM shares had a median return of +5.5%, over the following 2 months - based on 10 historical occasions with 8 of those showing positive returns (80%). This buy signal for MARATHON PETROLEUM received a high score of 7.2 (out of 10). This insight was generated on 2023-August-11 with last price of 149.75.
What’s This Company About?
MARATHON PETROLEUM is in the Oil Refining&Marketing business. Based on the last 2 years' risk/return profile, this asset is seen as Less Risky. Ticker symbol: MPC US.
What’s the track record of this Signal?
33.2% (June-2023), -10.7% (June-2021), 19.4% (April-2021), 23.1% (February-2021), -7.6% (March-2019), 0.5% (January-2018), 12.3% (November-2017), 1.4% (August-2017), 5.2% (June-2017), 5.8% (April-2017).
What’s My Risk / Reward and Time Horizon?
We found 2 months to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 158 (+5.5%) has been reached. Based on MARATHON PETROLEUM's recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 145.65 (last price at 149.75), which is equivalent to a -2.7% decline.