Muscles

The past week the market has been acting as a man in cardiac arrest. Today was very promising in the fact that the market managed to hold its ground and not collapse. The liquidity that the government had arranged this weekend appears to have provided a jolt that might make this market and hopefully the economy kick started again.

1) Gold stayed strong even through expected sell off after two strong days
2) Goldman was up over $4 at one time
3) GM almost made it to positive territory
4) Over 50% of issues advanced
5) The SP500 far outdistanced the Nasdaq which implies a short squeeze in the financials and possible the oil stocks as well.

The negative is that bonds surged today. Usually with market strength bonds sell off.