JPMorgan Rallies Ahead Of Q1 Report

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JPMorgan Chase & Co. JPM shares are trading higher by $0.89 at $59.06 in Tuesday's session. All eyes will be on the issue Wednesday morning as it will be the first big financial company to release Q1 results. Street estimates stand for EPS at $1.27 on revenues of $23.50 billion.

In today's session, the issue bottomed $0.14 below its opening print at $58.20. Since making the low, it's rallied into the $59 handle, reaching $59.13. That marks the first time over $59 since it reached $59.56 on April 4.

Its recent high made following its February 11 low ($52.50) was made on March 18 at 60.97. It also posted a rebound closing high on that day at $60.48.

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