Stock Market Financials and Sector Rotation

The stock market came back from the edge of the abyss today, but they did it while their central nervous system , also known as the financial sector, is acting like it has caught a spring case of influenza.Goldman Sachs GS dropped nearly 3 percent after Sen. Carl Levin, D-Mich., said that a panel he leads found new evidence that Goldman misled investors. JPMorgan Chase Co. and Bank of America Corp. each fell more than 1 percent. Until recently, most investors assumed banks had put their troubles behind them, said Todd Salamone, director of research at Schaeffer's Investment Research.
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