Everything going along swimmingly. All bulls are geniuses today.
The poor performance of financial sector is disconcerting. Especially Bank America. I am picking up rumblings that some investors may be concerned about the Merrill integration. Should this not go well it would certainly be a problem for the market. Every other person in America does business with BAC in some form and should somehow things go haywire there would be hell to pay.
Keep your eye on the 3G’s: Goldman, GE and Google. Goldman is fractionally lower. If it can go and stay green it would further boost the market.
