Goldman Sachs Off Its Highs, Watch Other Financials

Shares of Goldman Sachs GS are off their highs of the session, up $1.02 to $135.93, a gain of 0.8%. Shares had touched a high of $136.89 earlier in the session. If the financials can not hold on to their gains, then we could see a similar move to what we saw yesterday. The financials did not participate in Tuesday's rally, and yesterday stocks fell sharply, down nearly 2% among the major indexes as Greek debt worries continued to persist. Watch names like J.P. Morgan JPM, Citigroup C and Bank of America BAC for confirmation bias.