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Now the question that I'm not sure yet, if WFC trounces earnings and gets a huge
spike, will other banks announce better than expected earnings and get the huge
spike like WFC has seen?
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WFC is reporting net interest margins of over 400 bp. Wow! The other banks are
probably seeing huge margin increases also. I think financials are a buy, buy,
buy. DB
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If JPM, MS and GS all do the same thing, I think you could see one more spike on
good news, before this quarter is already priced in.
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WFC is spiking up about 30%, I think the others are in the 10-15% range. Will
there be another spike when they report expected earnings?
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They're all spiking NOW.
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