I like a market up on weak-dollar job-cutters as much as anyone and am gratified to see 3M (MMM - commentary - Trade Now) and United Tech (UTX - commentary - Trade Now) ramping. But Regions Financial (RF - commentary - Trade Now), Huntington (HBAN - commentary - Trade Now) and Citigroup (C - commentary - Trade Now) are more important at this point because we have to be able to continually reliquify the banking system with equity offerings that can make us money. That's not the case right now, and TARP-plagued banks remain THE ISSUE affecting this market.

I also like a market that has Apple (AAPL - commentary - Trade Now) and Qualcomm (QCOM - commentary - Trade Now) in the lead, but those too can be reversed if we don't get some sort of positive data points instead of simply "less negative" data points, a la Cisco (CSCO - commentary - Trade Now) and Qualcomm.

The rollover in retail is disturbing unless you consider the run. That makes me want to buy it, not sell it.

Still, all three legs of the bank/tech/oil stool must be steady.

Right now, they aren't.

At the time of publication, Cramer was long Goldman Sachs, Wells Fargo, JPMorgan, Cisco and Qualcomm.

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