Only the most consistent companies in the world can say anything good.
Here's what I've gleaned after poring through earnings from JPMorgan and Wells Fargo.
One reason the stock is cheap is that investors fear new regulations.
JPMorgan and Wells Fargo have similar charts, but may play out quite differently when they report.
Outlook is great fundamentally, but technical tell another story.
Can you still call something a bank if it doesn't lend money?
It's probably not as much fun as touring the Wine Country, but it may be more profitable in the long run.
I believe Bank of America and AIG will reward shareholders over the long term.
Don't count out California or its regional banks just yet.
Cash provides the ability to make independent decisions and avoid the forced actions of the market.