Citibank Fails The Fed Stress Test - See If You Can Spot Why

Hello investors, traders and MarketClub members everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with a look at Citigroup, Inc. (NYSE:C) on Thursday, the 27th of March.

News came out yesterday that the Fed had "stress tested" 30 banks and that 5 of the 30 had failed to pass. While some of the banks were expected to fail and came as no surprise, what was a surprise to the market was the failure of Citigroup, Inc. (NYSE:C).

In the Trade Triangle column of the image below, do you notice anything different about any one particular bank?

As you can clearly see, Citigroup (NYSE:C) has a red monthly Trade Triangle next to its name. That red monthly Trade Triangle kicked in on January 31st and served as a warning to MarketClub members that all was not well at Citigroup. Continue reading "Citibank Fails The Fed Stress Test - See If You Can Spot Why"

The bank stress test, can you believe it?

The bank stress test, can you believe it?

Since my return from holiday, I have been scratching my head wondering why the market (in this case the S&P) has moved so high for little or no reason. The economy still appears to be very much on the defensive with unemployment rising and the business environment still on a slippery slope.

I made this video before the stress test was announced and I suspect that all of the stress test leaks have already being discounted by the market.

Video link on next page ...

Continue reading "The bank stress test, can you believe it?"