. >>> bank earnings officially kicked off this morning with t citigro citigroup, jp morgan chase andells fargo. >> it was a big week not only for those three. five of the top 11 biggest financials reported this week, it's not a good week for them and pretty assumptithe presumpts more to come let's put it in context, and i think it's important the absolute high, the 2007 bull market 2007, two lines. the market and the bkx i mean, imagine that more than a decade and your results, owning the bkx is less than 1%. versus, of course, the market. the thought is that one could play this for catch-up in fact, of late, it's not only not catching up, it's playing the market on a here and now basis. let's roll through some charts and try to figure it out together here's the index i think you can draw the lines this way a well-defined trend line. often the bet is, and the bet that i would like to make, is that you bounce off that line. but individual equities one at a time are undercutting. citi has already done it and certain others, and i think there's more to come the presumption is the whole