I think we're in a period of consolidation which is bullish, counters Jon Najarian. The bear market scenario is largely based on double-dip fears pegged to consumers cutting back. But the results out of JPMorgan show delinquencies are down. It's true that delinquencies are down at JP Morgan and also Target but I'm not sure that means the consumer is back, muses Patty Edwards. I think people are paying off credit cards because they have no choice. But I wouldn't take the data to mean all is well in consumer land. Looking at JPMorgan, I have an 'Outperform' rating on the stock, says David George of RW Baird. It's likely the bank will show continued capital build and credit improvement over time. I expect to see upside in shares, he says. --