On October 13 (tomorrow), JPMorgan Chase (JPM) will announce its third-quarter financial report.
As of the market close on October 9, the stock price of JPM is $333.01. With the financial report set to be released, the market is concerned not only about how much money the bank made but also whether this report will meet investors' expectations.
For beginners looking to try investing in U.S. stocks, this is also an opportunity to learn about stock trading. What information should be looked at before buying? If the stock price fluctuates by a few percentage points, how much will the investment amount change?
01｜What to focus on in this financial report?
The market expects JPMorgan Chase's third-quarter earnings per share to be about $5.93, with revenue around $51.23 billion. In the previous quarter, the company's earnings per share were $6.14.
These figures can be used as a reference, but after the financial report is released, how the stock price moves will depend on the gap between actual performance and market expectations.
This financial report can focus on three main aspects:
- Investment banking performance: How is the revenue from M&A and underwriting?
- Trading revenue: Have market volatility trading opportunities converted into revenue?
- Management outlook: What is the perspective on the upcoming economic environment, credit risks, and business growth?
Another point to note: even if the company's performance is good, the stock price may not necessarily rise. If the market has already anticipated strong performance, the stock price may not continue to climb after the report is released.
Therefore, buying before the financial report requires not only assessing the company's performance but also considering whether the current stock price has already reflected market expectations.
02｜What happens if the stock price fluctuates by 3% or 5% with a $100 investment?
Assuming the purchase price is $333.01, and an investment of $100 is made, not considering transaction fees and price differences:
- If the stock price rises by 3%, the price would be about $343.00, theoretically earning $3;
- If it rises by 5%, the price would be about $349.66, theoretically earning $5.
- Conversely, if the stock price drops by 3%, it would theoretically lose $3;
- If it drops by 5%, it would lose $5.
This is merely an estimate based on different fluctuations and does not guarantee these trends will occur after the financial report is released.
Buying before the financial report offers the chance to catch price fluctuations after the results are announced, but it may also lead to losses if the market reaction is not as expected. Watching the results after they are released might help in referencing actual performance, but the stock price may have already changed.
If you haven't formed your judgment yet, you can calculate how much you might lose before deciding whether to participate.
03｜How to buy U.S. stocks on Binance?
If you don't have a Binance account yet and want to take this opportunity to learn how to buy U.S. stocks, you can first register on Binance and complete identity verification:
👉 Binance registration link:
https://jump.do/zh-Hans/xlink-proxy?id=3
(Invitation code: aicoin668, enjoy a 10% cashback)
After registration, you can follow the steps below to learn how to search for JPMorgan Chase (JPM), check the stock price, and perform buy operations on Binance.
Step 1: Enter the stock page
Using the Binance App as an example, open the Binance App, select [Market] -- [Traditional Finance] -- [Stocks].
You can also directly enter the stock code JPM in the search box, find JPMorgan Chase, and click to enter the detail page.
Step 2: View the detail page
Check the company name, quote, and related trading information to avoid selecting the wrong asset.
Step 3: Confirm the purchase amount
Check the current quote, choose a market order or limit order, and enter the purchase amount. The specific minimum amount and trading fees will be based on what is displayed on the page.
Step 4: Check orders and holdings
Before submitting the order, confirm the purchase amount, order type, and related fees. After the transaction, you can view the number of stocks, current value, and profit and loss changes on the holdings page.
04｜A few things to note when buying U.S. stocks for the first time
Looking at financial reports and selecting stocks is only part of the trading process. Before placing an order, consider the purchase price, potential losses, and how long you plan to hold.
Especially around financial report announcements, stock prices may exhibit considerable volatility in a short time. Even if the company's performance is good, the stock price can still drop; conversely, if the performance falls short of expectations, it doesn't necessarily mean that the stock price will decrease.
Want to buy U.S. stocks on Binance? Register now to learn more about trading features.
👉 Binance registration link:
https://jump.do/zh-Hans/xlink-proxy?id=3
(Invitation code: aicoin668, enjoy a 10% cashback)
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Risk Warning: Investing in U.S. stocks still requires individuals to bear market risks, regulatory risks, and compliance risks from local laws and regulations (especially foreign exchange controls, overseas investment declarations, etc.). The profit and loss figures in the text are used for situational estimation and do not constitute investment advice or a promise of returns. This content is merely a market observation share and does not constitute investment advice. The crypto market is highly volatile; please participate within your own risk tolerance.
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