JPMorgan Chase & Co. (JPM)’s Alabama Headache

As for the mixed economic data, investors may feel a bit of unease, but indices are still being pushed to record highs. The Dow Jones Industrial Average is flirting with 15,000, and the S&P 500 is up over 1600. Bond yields are rising, but only from record lows, and it had to happen sometime. And while the eurozone languishes in recession, the U.S. economy is growing at a reasonable clip.

More than anything else today, JPMorgan Chase & Co. (NYSE:JPM) seems to riding the general market and sector current — let’s call it bullish uneasiness — and that’s typically what drives the day-to-day, week-to-week, and even month-to-month movements in any stock. However, here at The Motley Fool, we suggest taking a long-term view of your investments. Tune out the market noise, and tune into the fundamentals of the companies you’re invested: Your portfolio will thank you, even if your broker won’t.

The article JPMorgan’s Alabama Headache originally appeared on Fool.com.

Fool contributor John Grgurich owns shares of JPMorgan Chase & Co. (NYSE:JPM). Follow John’s dispatches from the not-so-muddy trenches of high-finance and big-banking on Twitter @TMFGrgurich. The Motley Fool owns shares of JPMorgan Chase. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a lovely disclosure policy.

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