Morning

Well, I slept with my T.V. on.

again, after a short covering rally in japan. Financials rolled over again.

Bastille day today. The day that the French Stepped up to the Leize Fare(I can never spell that)/aristocracy. Undoubtedly some French guy will win a tour stage today. Unfortunately I'll have to miss it.

On the guillotine of bank earnings today:

Ameris Bancorp (ABCB)
Capitol Bancorp Limited (CBC)
Charles Schwab Corp (SCHW)
Community Bancorp/nevada (CBON)
First Bancorp Puerto Rico (FBP)
First Financial Bancorp (FFBC)
KKR Financial Holdings LLC (KFN)
M & T Bank Corp (MTB)
Macatawa Bank Corporation (MCBC)
Pacwest Bancorp (PACW)
Union Bankshares Corp (UBSH)