They were supposed to be announced tomorrow, but the results will be delayed until Thursday.

A delay means bad news. If it had been good, Geithner and Summers would already be crowing about it.

Also note that Austan Goolsbee is saying that the delay is, “A disagreement by banks over the results of the tests,” which also implies bad news, because the bankers would never object to an overly optimistic projection, which would make them money off their stock options.

Additionally, it seems to me that the reports themselves will be rather sketchy, with important details not being made available to the public.