US Banks Stress Tests

Zero Hedge has an article about a ‘leaked report’ on the stress tests of the US banks. The usual disclaimer applies. ‘Leaked report’ is not official. However, a glance through the article highlights worrying ‘facts’. 1) Of the top nineteen (19) banks in the nation, sixteen (16) are already technically insolvent. 2) Of the 16… Continue reading US Banks Stress Tests

Chart Review of Citibank (C)

Citibank. Much as I am bearish about its prospect for a long time to come, I have to acknowledge that there are factors beyond me that has prevented this company from going down completely. Rather than figuring out such issues, let’s just focus on the chart and see if there are areas where we can… Continue reading Chart Review of Citibank (C)