The market is inching into the highs of the day, still significantly lower on the day. The key here seems to be a solid upmove in Goldman Sachs Group, Inc. (NYSE:GS). The stock has defied the markets today charging higher. It is trading at the highs of the day at $135.76 +$0.69 (+0.51%). Other financials like JPMorgan Chase & Co. (NYSE:JPM) are still lower on the day but well off their lows. The financial stocks need to take over more of a leadership role if this market is going to stop its skid lower.
Gareth Soloway
Chief Market Strategist
www.InTheMoneyStocks.com
