Citigroup (C) has long been noted as one of the worst situated banks compared to all the other big names. After sharing 4th quarter numbers and 2010 outlook, there is certainly ambiguity to how investors are taking in the news.
They exceeded expectations, but still reported huge losses
When it comes to following market news I generally do not like to follow too many thing. In fact, with the age of Twitter and StockTwits, you almost do not need to do any news search. Who wants to suffer from information overload? Sometimes less is more.
Yes, in bear markets you can never really trust the rally, but did something special spark the latest rally?
Previous rallies were sparked usually because somebody got a bailout package or some other type of Government