Head into the rest of earnings season i dont know if e. Theyre th bellwether, mel. Late night for us yankee fans oh, yeah. Im a new york fan, go yankees. But lets talk markets. We do what we need to do, as you know, mel. Are there Trading Opportunities . I still think they are citi was an interesting play tangible book is around 69. I think what youll see is a bounce after earnings on the back of that it trades anywhere from 85 of tangible book to 1. 2 i think thats whats going to happen now in terms of the bellwether for the broader market, i dont believe that to be the case. I think its all positioning. Weve all talked about that. I think positioning has been negative in the financials ive been negative in the financials i do believe estimates have come in enough that you can sort of walk over them so i think youll have a tradeable bounce in the financials but longer term i would not be there. Id be positive on the banks. Its hard to go into the Third Quarter. I think the expectation
Carl Icahn acquired nearly 10% of jetBlue and earned two seats on the board, but industry watchers wonder what Icahn learned from his failure at Trans World Airways.
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