Monday marks Columbus Day, which results in a bank and bond market holiday. However, it's not a holiday for the stock market, although it has turned out to be a snoozy trading session.

Given the less-than-thrilling action, investors are turning their attention to earnings, which are set to begin on Tuesday before the open. JPMorgan (JPM - Get Report)  will lead things off for the banks Tuesday and Bank of America (BAC - Get Report) will follow up on Wednesday before the open.

By the end of the week, most of the large investment banks will have reported their quarterly results. The post-earnings reaction will be important in determining how these names trade into the end of the year.

Let's take a closer look at these popular bank stocks.

JPMorgan is a holding in Jim Cramer's Action Alerts PLUS member club. Want to be alerted before Jim Cramer buys or sells JPM? Learn more now.

Trading JPMorgan Stock

Daily chart of JPMorgan stock.
Daily chart of JPMorgan stock.

JPMorgan is an exceptionally well-run bank, but that doesn't mean it always has a positive reaction to earnings. The stock did a good job bouncing from its 50-day moving average last week, and is now doing a solid job holding up above the $115 to $116 area.

However, short-term downtrend resistance (blue line) has kept a lid on JPM stock the past few days. After the report, let's see if JPM can close above downtrend resistance. A move above this level puts the recent high of $119.44 on the table, with a move over being $120 possible.

Should shares pull back, let's see if the 50-day can again act as support. If not, it likely puts the $110 level on deck, with the 200-day moving average being the downside target below that.

Trading Bank of America Stock

Daily chart of Bank of America stock.
Daily chart of Bank of America stock.

Bulls almost got a chance to reload on Bank of America stock earlier this month. However, BAC stock ended up bottoming near $27.16 -- less than a buck from vital range support near $26.25 -- then rebounding sharply higher.

Like JPMorgan, let's see if BofA can breakout over short-term downtrend resistance (blue line) and challenge its recent highs. Unlike JPM stock, though, BAC continues to be bound by range resistance near $30.50, rather than flirting with a move to new highs.

In short, a move over $29.50 puts range resistance at $30.50 on the table, with a move to $31+ being possible should BAC clear resistance.

On the downside, see if Bank of America's confluence of moving averages can support the name, between $28.14 and $28.60. Below uptrend support near $27.50 and the October low of $27.16 is on the table. Below that and support may give bulls an opportune risk/reward.

This article is commentary by an independent contributor. At the time of publication, the author had no positions in the stocks mentioned.