Gap Up

I’m a bit behind this morning and I see the that the S&P is up about 13 points. Evidently Bernanke is speaking about the banks and they are rallying. Banks are higher in Europe and it looks like Pandit is reporting that C has been profitable for the past two months. The market is looking for something, anything to ignite a rally, lets see if this one can grow roots. According to Reuters, the SEC is not planning the cancellation of mark to market accounting rules. Today should be interesting.