The Large Banks look pretty good. Today's Gov't hearings did not seem to stall them at all. JPM may be a decent play, along with BAC and C. A Regional Bank with strong fundies, such as FNFG, might be a good play on US failing Banks (Yes, there are still Banks failing every day).
Whole US Market still pretty much depends on if the Banks do well. If Banks start leading the way again, then we are back to Bull. If the Market technicals have a lower-high because the Banks can't pull the load, then it may be Bear Claws for a bit.
Technology, which is strong, could pick up and lead the Market, but it may be the wrong time of year. This pop, in everything in the Market as well as Gold and Oil, of the last couple of days may only be bargain folks getting in and could be a Dead-Cat Bounce. Be careful.
