discov

Bank and Broker Full Year EPS Estimates

The earnings estimates are screwed up because accounting is screwed up with "mark to model". I have been relying only on TA when trading financials tinyurl.com/lzu8ba

Warren Buffett: Closet Dividend Investor

He likes muni bonds and WFC ( tinyurl.com/lzu8ba )

I still don't like BRK

Warrants Remain an Issue for U.S. Banks Exiting TARP

I guess it's a win for the Treasury if you can really separate the treasury from the Fed. but I don't see it that way.

Ten Banks Escape from TARP: Reason to Celebrate?

I want some tarp myself. I will start a new bank, apply for TARP get 25 billion, then go buy JNK with all of it.

JNK yields 13.16% annually. I will pocket the 8.6% over the tarp interest rate and do no work.

If JNK goes in the crapper I will apply for TARP funds

ha ha ha ha ha....so stupid, yet still a more viable model than what the banks are running.

Fast Money Recap: Coffee Prices Too Hot to Handle (5/20/09)

I am thinking that if one gets long the coffee trade via MCD, then a nice pair might be to short DDRX ( more details on that short here tinyurl.com/qp6mzb )

Banking Won't Be Fun for a While

The new banks have not been de-leveraged. They are just moving their assets off balance sheet through the PPIP. They are posing as the private investors, getting more leverage from the Treasury and Fed, then buying their assets under another subsidiary name.

America is being impoverished by their banking government, and we still can't short the market at least not until we get a technical break of the current trend
concisetrading.blogspo...

Derivatives: Gambling at Public Expense

The derivatives debacle is definitely unsolved and getting hidden under more and more Governmental meddling. Still, it hasn't paid to be early shorting this market wait until this concisetrading.blogspo...
trend line breaks

Are the Big Banks Gaming the Taxpayer?

It's not mind boggling, it makes perfect sense. Our government (republican or democrat) has been very consistent in places bank interests above tax payer interests since the beginning of the "credit crisis"

This is more predictable, than confusing.

S&P 500 Financial Sector Market Cap Continues to Sink

I think that this clearly shows common stock in banks is meaningless. The government and the banks don't care about common stock holders. Common stock is now a vehicle to steal capital through stock offerings. (actually maybe that's all over already, maybe it's just a vehicle to lose value).

I am buying RF puts, and I am not alone.

concisetrading.blogspo.../
Ryan

Citigroup's Derivatives Reduce Bailout to a Non-Event

Sugar Daddy, you make a great point that 3% of 643 trillion is more than 19 trillion and more than anyone can afford.

The thing is...there is no way we will get out of this with only 3%. I would be shocked if we get out under 7%.

concisetrading.blogspo.../
Ryan

Is This Government Calming and Confidence Building?

So, on point. what a bunch of crocks they are.
concisetrading.blogspo.../

What's the BofA / Merrill Synergy?

Yeah, MER is a piece of trash. I smell fed.......

concisetrading.blogspo.../
Ryan

Could Lehman's Failure Cause a Systemic Meltdown?

What will happen is there will be further devaluing of the dollar. Unless the Fed is stripped of it's power, then we will slowly become more and more controlled and devalued by them.

Global Capital Asset Death Spiral

I don't think there is a regulatory solution to the problem. If you buy bad crap with lots of money, then you get hurt ...a lot.

I personally am short BAC right now. I imagine there is a whole lot off money in the stock who thought the GSE bailout would start a financial led market recovery. Now that it's not happening, they have to sell.

I posted my exact trade at concisetrading.blogspo.../
Ryan

Which Banks Will Survive?

I will go with the credit markets on this one.

concisetrading.blogspo.../
Ryan