JPMorgan says March was tough

Vikram Pandit, CEO of Citigroup (C) set off a buying spree in bank stocks when he said his company had done well in the first two months in the year. Now, Jamie Dimon, chief of JPMorgan (JPM) could turn the buying into a wave of selling.

According to Reuters, "After a meeting with President Barack Obama, JPMorgan Chase & Co.'s Chief Executive Jamie Dimon said that March was "a little tough" in comments to CNBC."