BANKS SUFFER BIG SELLOFF AFTER REPORTING STRONG EARNINGS — JP MORGAN CHASE SUFFERS DOWNSIDE REVERSAL DAY — FINANCIAL SPDR FAILS TEST OF 50-DAY AVERAGE

By John Murphy JP MORGAN CHASE SUFFERS DOWNSIDE REVERSAL ON FRIDAY… Friday had to be a very discouraging day for investors in bank stocks. After reporting first quarter earnings that were much higher than expected, bank stocks opened higher before plunging … Read more