Google's earnings report after the close of trading showed that while they beat the estimates pretty handily, growth is clearly showing due to a decrease in ad sales. Initially the stock traded over $20 higher to $400 + before ending at $388, up $9 on the day.
Many of the key financials closed lower, reversing earlier gains. Goldman, Wells Fargo, and Bank of America gave up all of their gains to close lower, and as you know, I believe that the stock market will only continue moving higher if the financials can keep leading the way. Personally, I think this group looks very tired, and a sharp pullback would not surprise me at all.

Earnings season continues, and all eyes will now be on GE and Citigroup, along with the scores of others reporting in the coming days. In thepast we've seen the best earningsreports announced first, which means thatwe may look back at this period and realize that Wells Fargo, JP Morgan, Google, and a handful of othersrepresented the minority of companies th...