Today's good looking chart of the day is the the 1-year for Goldman Sachs, which is very interesting indeed. Lots of people will tell you that the market can't work without the financials working. I am also of the view that despite all the bottom-calling, more investors than not believe that we will retest the November lows.
We are going to see whether the market can make a sustained move higher with only a handful of financials working. If Goldman is in fact making noise about paying back the TARP money asap, that will change the game.
Away from the financials, the market acts very good - especially tech where the earnings news has not been encouraging.
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