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It's here again, the beginning of any season, that peculiar moment, where companies turn in their midterms, and then we grade them.

We're way to do things, so you think, but that's how the cynical, jaded, brokerage business plays it.

As usual, Wall Street's negative coming into the reporting period, we keep hearing the earnings will be down 5-7% this quarter in aggregate.

Now, how did they calculate that? I mean, I would have had bothered to include JP Morgan, with a stock that's worth more than 7.5% today,

in part because it was a big beneficiary for the mini-banking crisis.

Maybe they thought it would somehow get weaker biosmosis?

Of course, the good numbers of the banks weren't enough to push the averages higher.

Now, ultimately losing 143 points, SMB to Clienty points to 1%, now it's that falling point to 3.5%.

But they did gain near the end.

But we're going to find out how wrong these bearish hucksters are.

And I think it's going to happen Monday morning, Charles Swap reports.

Now, a few weeks ago, Swap was somehow put on a bank hit list.

With short sellers ganging up on it, it's a company hobble by a nasty bomb portfolio.

Never mind that it's a brokerage house with a spool banking business.

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