Technical Analysis on JPMorgan Chase & Co. and KeyCorp - Positive
Trends for Money Center Banks in the Third Quarter
NEW YORK, NY -- (Marketwire) -- 11/05/12 -- For companies operating
in the money center banks industry, such as JPMorgan Chase & Co. and
KeyCorp, the recent disruptions caused by Super-storm Sandy have made
quite a stir. As offices in the area begin to open up once again, a
number of industry players have recently announced their commitment
to waiving and refunding a variety of fees for the affected period.
StBulls.com has initiated technical analysis on JPMorgan Chase & Co.
(NYSE: JPM) and KeyCorp (NYSE: KEY) which serves the Money Center
Banks industry. These reports are free upon registration. Rest
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Stronger economic growth is important to money center banks, but the
wider effect of the hurricane on the economic recovery in the U.S.
remains unclear. Estimates predict a $25 billion cut in output for
the fourth quarter, as millions of employees were forced to stay home
and innumerable businesses shut down. Read our technical analysis on
JPMorgan Chase & Co. by clicking on
During the third quarter, money center banks like KeyCorp seem to
have enjoyed some positive trends. However, some were negatively
impacted by one time charges and higher mortgage repurchase costs.
Many continue to report modest loan growth and improved non-interest
income, while in some cases strong mortgage banking results have also
propelled companies forward. Investors looking for technical analysis
on KeyCorp are encouraged to use the link below
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