JP Morgan Chase ( JPM) ($52.77) set a multi-year high at $55.90 on May 30 then as low as $50.11 on June 24. My semiannual value level is $50.37 with a monthly risky level at $55.58. Wells Fargo ( WFC) ($41.22) set a multi-year high at $41.96 on July 1 after testing $39.40 on June 24. My semiannual value level at $40.04 with a weekly risky level at $43.06. At the time of publication the author held no positions in any of the stocks mentioned.Follow @SuttmeierThis article is commentary by an independent contributor, separate from TheStreet's regular news coverage.