U.S. stocks mostly edged higher on Tuesday after President Barack Obama said share prices are potentially a good deal at current levels, offsetting persistent U.S. Treasury Secretary Timothy Geithner said the Obama administration will evaluate potential costs to stabilize banks as more information becomes available, in testimony before a congressional panel. "Obama is trying to cheerlead, which is OK. I'd like to see what he bases his view on. It shows that at least he recognizes that something is going on," said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey.