Ratigan pointed out that investment banks like Goldman Sachs (GS) and Morgan Stanley (MS) have performed well. Seymour said both stocks have behaved fantastically, especially Morgan, which punched through its 200-day moving day average. Najarian said Morgan is moving in the right direction with its huge retail banking operation and great investment banking unit.

Seymour also said Goldman has moved up on chatter about its plan to sell off its stake of a Chinese bank and using it to return the TARP money. Ratigan pointed out that Goldman has benefited from the AIG's (AIG) bailout to the extent that it was a buyer of credit insurance from AIG that the federal government now is paying 100 cents on the dollar on claims at taxpayer expense. Finerman was concerned that Goldman may have to sell off more assets than sell its stake in the bank in China if it is going to repay in full the TARP money it received.

In the financials I’m keeping an eye on Jefferies (JEF) and Greenhill (GHL), says Guy Adami. And I’m also watching Lazard (LAZ) and Raymond James (RFJ). They pulled back on Tuesday and I think it’s time to dip a toe.

In the financials I’m keeping an eye on Jefferies (JEF) and Greenhill (GHL), says Guy Adami. And I’m also watching Lazard (LAZ) and Raymond James (RFJ). They pulled back on Tuesday and I think it’s time to dip a toe.

In the financials I’m keeping an eye on Jefferies (JEF) and Greenhill (GHL), says Guy Adami. And I’m also watching Lazard (LAZ) and Raymond James (RFJ). They pulled back on Tuesday and I think it’s time to dip a toe.

In the financials I’m keeping an eye on Jefferies (JEF) and Greenhill (GHL), says Guy Adami. And I’m also watching Lazard (LAZ) and Raymond James (RFJ). They pulled back on Tuesday and I think it’s time to dip a toe.