在年内累计上涨38%之后，C下跌5.6%，原因是投行手续费环比降幅为各银行中最大、信贷成本上升、拨备计提增加，以及营收仅勉强超预期。该股已跌破50日均线、并失守200日均线，RSI为36，说话者在此不打算抄底，不过这也并非世界末日。
逐段跳播
City 今天跌了 5.6%。我不想过度解读，因为这只股票，你知道，显然年初表现火热，已经涨了不少。我觉得它是，我觉得它是表现最好的银行吗，或者说曾经是。
City had a negative 5.6% day today. I don't want to make too much of it because the stock, you know, obviously started off the year redhot and has run up. I think it's one of the I think it's the is it the best performing bank or it was
但 City 有一个，City 有一个不错的夏天。我们就说到这里吧。它在 6 月底曾超过每股 140 美元，现在只是回落到 124，这不算灾难性，但对一只银行股来说，我猜这算是很大的波动了。
but City had a City had a nice summer. Let's let's leave it there. It was over $140 a share in late June and now it just ticked down to 124 which is not catastrophic but for a bank stock I guess that's a lot of movement.
盈利和营收这些方面正在降温。所以这些就是华尔街那些人说花旗下跌的原因。投行费用环比下降了13%，也就是相比上一次财报时。
The earnings and revenue um things are cooling off. So these are the reasons people on the street are saying city fell. Investment banking fees were down 13% sequentially meaning from the last time they reported.
这是所有银行中最大的季度降幅。信贷成本上升了。所以拨备计提比上一季度更大，这一点是人们会关注的。
It was it was the biggest quarterly decline among all the banks. Um credit costs rose. So the reserve build was larger than last quarter which people pay attention to.
拨备为什么会增长？有时是因为他们投放出去的总信贷量增加了，就必须为此计提拨备；但有时是因为他们在数据中、在他们的借款人身上看到了一些情况，让他们有所迟疑。
Why does the reserve grow? Sometimes as a function of the total amount of credit they're putting out there. they have to be reserved against it, but sometimes because they're seeing something in the data um amongst their borrowers that gives them uh pause.
我们不知道具体原因，但信用卡利润受到了奖励和拨备的拖累。随着利率上升，信贷是人们担心的问题。费用收入疲软。非利息收入，也就是他们做一笔交易、一笔银行业务交易并收取费用的部分，是负的，-4%。
We don't know the specific reasons, but uh credit card profit was hurt by rewards and and provisions. Um with rates rising, credit is what people are worried about. Um fee income was soft.
Non-interest revenue, this is where they do a transaction, a banking transaction and charge a fee was negative -4%.
营收只是勉强超预期，而预期本来就很高。我记得这只股票一度年内上涨了38%。所以把这些因素加在一起，我认为这就是花旗出现那种超预期负面反应的原因。
Um the revenue beat was barely a beat and expectations were high. I think the stock at one point was up 38% year to date. So um you combine all those things and that's why I think you got that outsized negative reaction in city.
不是世界末日，但把图表再调出来。这是一个明显的破位。首先，它在50日线处失败了，然后跌破了200日线。而且你看到动能确认下行，RSI跌到36。我在这里不是抄底买家。你怎么看？
Not the end of the world, but put the chart back up. This is a clear violation. First off, it's a failure at the uh 50-day and then it's a violation below the 200 day. Uh, and you see momentum confirming falling to a 36 RSI. I I'm not a dip buyer here. What do you think?