JPMorgan Chase Whiffs and Other #Stocks2Watch

By Markets FOXBusiness

#Stocks2Watch: FOX Business rounds up the stocks you should watch before the opening bell rings on Wall Street. Tweet @adamsamson or e-mail and tell us what stocks you're watching -- your picks could appear online! 

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  • 1. JPMorgan Chase (NYSE:JPM)

    JPMorgan Chase (JPM) kicked off bank earnings season with disappointing results on the top and bottom lines. A big drop in fixed-income profits and mortgage originations also worried traders. Shares of the biggest U.S. bank by assets are falling 3%.

  • 2. Wells Fargo (NYSE:WFC)

    On the other side of the spectrum is Wells Fargo (WFC). The No. 4 U.S. bank revealed per-share earnings that topped expectations and revenues that were in-line with Wall Street's views. The shares are up shy of 1%.

  • 3. Biotechnology Stocks

    FOX Business Reporter / Editor Victoria Craig says she's watching shares of biotechnology stocks. The Nasdaq Biotechnology Index is set to fall for the seventh-straight week -- the longest weekly rout since 1998. 

    Traders can play the sector through an array of exchange-traded funds, including the iShares NASDAQ Biotechnology Index (IBB). 

  • 4. Tesla (NASDAQ:TSLA)

    Tesla (TSLA) shares are sliding more than 2%. The drop on no apparent news is emblematic of the big rotation away from growth stocks. 

  • 5. Zynga (NASDAQ:ZNGA)

    Zynga (ZNGA) shares are up 1.5% after Morgan Stanley reportedly upped the social game maker to "equalweight" from "underweight."

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