JPM
JPMorgan Chase & Co.
stock NYSE

Doesn't really look like value to me, I usually look at Price/Book when valuing financial services companies like Schwab and they are sitting at approximately 4, JPM and Morgan-Stanley are right around 2.5 by comparison.

JPM is gunna drill silver for the next week aren't they

JPM should be re-investigated for any crimes commited since this judgment. If they are found to be still manipulating the market, then the fine should be increased and they should be banned from trading altogether. Any profits should be disgorged and returned to the American People.

Who is buying these Rivians? Why is JPM so bullish on overpriced EVs in a weakening consumer economy

The MM dividend irrelevance result only holds in a frictionless, one-period model. Empirically, long-term dividend payers (MSFT, AAPL, JNJ, PG, KO, JPM, XOM, CVX, ALV, etc.) show persistent price appreciation while distributing cash, which means the ex-date drop is not a permanent wealth loss. If your “conversion only” view were correct, dividend aristocrats would be flat over time, but total return data shows the opposite. The market prices future earnings and cash flows, not just the mechanical dividend adjustment.

JPM and SNAP

fortunately I trimmed my big aristocrats, like JPM ,WMT, WM, unfortunately I didn't trim CSCO. This was just due to size of holdings in the portfolios a couple were in the 7-9% of portfolio. I wasn't predicting a Thurday rout.

A simple 10% annual return will double every 7.5 years. In 2 years you would have around $7mil. JPM and Adams Funds have safe ETFs that can give you that.

JPM and Meta be like

JPM was just lying in wait for your next move

BlackRock is not a retail trader. It is not a swing fund. It is the largest asset manager in the world, managing trillions in capital across ETFs, index products, and institutional mandates.
So when BlackRock increases its stake in a sub-1 dollar small cap by 92.2 percent, moving from about 757.4k shares to roughly 1.46M shares, valued near 2.1M dollars as of Dec 31, that is not noise.
It is exposure.
Large asset managers do not randomly double positions in microcaps. Even small allocations go through internal screening, compliance review, and mandate filters. Especially when the name sits in a volatile, small-cap bucket.
Now look at the broader context.
* Geode up 57.2 percent.
* Goldman up 196.6 percent.
* Nuveen up 433.4 percent.
* Deutsche up 240.1 percent.
* JPM up 45.3 percent.
* BlackRock up 92.2 percent.
That is not one pocket of capital. That is banks, quant allocators, pension-linked managers, and now the largest global asset manager all increasing exposure within a compressed window.
Overlay that with the strategic shift. The NeutronX MOU positions NXXT as Lead Contractor and Project Manager for government, defense, and critical infrastructure energy projects. That moves the story into infrastructure and federal budget territory, themes that large asset managers actively allocate around.
When a name transitions from being seen as a niche small-cap energy play to potentially sitting inside infrastructure, defense-adjacent, or AI-energy themes, large managers care about exposure optionality.
That is the key difference.
This is not a day trade signal. It is a structural ownership signal. And structural ownership tends to matter more over time than short-term volatility.

There’s a price where those that are short can acquire long positions from holders via fiat. Now what that price is isn’t clear and it’s higher than 76 or whatever it is right now, but there’s a price.
Not all institutions desiring delivery are industrial, there are those like JPM or central banks or whomever that are just getting it to hold. So if you’re a central bank with an intention to stack it, keeping the price lower and stable (while you’re looking to add metal) is in your best interests; taking a percentage of what you thought you were getting and taking some cash along with it to ease the shortage makes perfect sense.
There won’t be a default situation until the supply cannot meet the demand of those who can’t be persuaded to close for cash instead of metal. What level that is isn’t known but I can’t see it being in March.
JMO

If you want to understand what is happening, stop looking for a single headline and look at the structure of ownership changes. This is starting to look like an institutional wall being built in layers.
The sequence matters.
First, positioning was already underway as of Dec 31, 2025. Geode increased by 57.2 percent to about 869k shares, valued near 1.3M dollars. Goldman increased by 196.6 percent to roughly 97.3k shares.
Then the strategic catalyst hits on Feb 9. NXXT signs the NeutronX MOU, positioning itself as Lead Contractor and Project Manager for government, defense, and critical infrastructure energy projects. That shifts the narrative into federal budget pipelines.
Then the second wave of institutional stacking shows up in filings. Nuveen increases by 433.4 percent to around 123.9k shares. Deutsche increases by 240.1 percent to about 45.8k shares. JPM increases by 45.3 percent to roughly 33.8k shares.
Now the biggest layer lands. BlackRock increases by 92.2 percent to about 1.46M shares, valued near 2.1M dollars as of Dec 31.
That is not one institution buying. That is a cross-category build.
Quant allocator tied to index architecture.
Pension-linked asset manager.
Tier-1 global banks.
Largest asset manager in the world.
Different mandates, different models, same directional move.
This is how institutional walls form. Not with one huge day, but with multiple independent firms scaling exposure over reporting cycles while price remains compressed and supply gets absorbed.
Retail usually notices after price expands. Institutions position before that happens.

STO JPM 285/280p 03/20 1.02

Overall, great post. I would like to get your deeper thoughts on the ROI of buying NVIDIA GPUs today similar to your comment about A100s. This feels like one of the biggest disconnects in the market right now. And then another key question is how long can those unit economics last vs NVIDIA having a limited amount of time commanding this sort of power before demand tapers down?
My advice on your positions is that you have too many of them. Personally I like to hyper focus on my best ideas and put the rest of the portfolio in an index as my hedge.
E.g. Can you really say you’re a bank expert (JPM) and a healthcare expert and a tech expert and a china market expert (BABA)? Even BRK alone takes awhile to truly understand. Feels like you’re trying to be smarter than the market on way too many fronts, which should usually be a -EV battle for you.

Average price target for JPM and GS unloading to bagholders yea

Copy JPM's moves

Navarro calls Dimon a criminal. JPM tanking!

**10% Healthcare**
* LLY - 6%
* ISRG - 2%
* VEEV - 1%
* HIMS - 1%
**10% Energy**
* FSLR - 3%
* GEV - 2%
* ETN - 2%
* VST - 2%
* PWR - 1%
**10% Defense & Materials**
* SHLD - 6%
* XLB - 4%
**10% Financial**
* BRK.B - 4%
* MA - 3%
* JPM - 3%

Slv thought it was safe but JPM just left to get more lube