Good morning.

The futures are pointing this morning in anticipation of more disappointing profit numbers being released today and later this week.

The market jumped a bit yesterday based on comments by “Taxpro” Timmy Geithner.

Usually, whenever someone from this socialist administration opens their mouths in front of a microphone, the market tanks 4%. But yesterday Geithner said that he thought most banks had plenty of capital and that he would not likely be coming back to Congress for more bail out money for the banks.

Now, I put it at even money that Geithner knows what he is talking about, but the market liked what he said.