Stocks are moving into positive territory in midday trading as banks push the overall market higher. Many analysts are starting to wonder if a pull back is imminent. The Dow has jumped close to 2,000 points since late November and has yet to see a meaningful pull back. We have seen some speed bumps along the way, the most recent being a 200 point drop in early March.

As long as economic data stays positive, we should see the current rally continue. If a negative jobs report comes out or some other troubling economic data though, a market pull back could occur.

Taking a peek at the stock indexes at midday show the Dow up 23 points, the Nasdaq up 24 points and the S&P 500 up 7 points. [Read more...]