FED BOOSTS FINANCIALS:
The headline: Financial Stocks Rebound Further Tuesday As Fed Acknowledges Tighter Credit.
Eric Bolling tells the panel that markets love Ben! Eric says Bernanke’s confidence settles markets.
Jeff Macke agrees.
On a related note, Pete Najarian says he likes the financials and he thinks if Bear Stearns (BSC) dips to $100 a share they might start talking buy back.