10-K reports & financial statements especially by banks are almost worthless anymore. Anyone remember what Sarbanes Oxley was? Fannie and Freddie were exempt.
For banks and pretty much the rest of the market - I would rather look at charts. The charts lie less than the “financial” statements.
Not a huge fan of techincals but we have to be overbought after the biggest and fastest rally since 1933.
There is just too much debt in the system and that will weigh down everything. Think Japan 1989.