I have nothing against a multi-sector rally, but even stocks with significant problems are pushing the market indexes higher.

Take for example Merck and Pfizer.

Merck has thousands of lawsuits pending across the country, and in August 2005 the company was found liable in a Vioxx case, and a jury awarded damages of $253.4 million.

In April 2005, Pfizer issued a recall of Bextra after an FDA request. The FDA went on to say the "The risks posed by Bextra outweigh its benefits."

Both stocks have rallied significantly since July.