Stocks holding in so far

The HP lead rally is holding on so far driven by many good old US blue chip stocks.

Financials are almost unchanged

Other high beta markets, like Emerging Markets ETF (EEM) and the credit market where most spread are going out do not support the rally. Eur/usd is more mixed with range trading and giving som intraday support to some of the moves up and down.

Now we wait for the automaker hearing coming up later today and for the equity market moves in the last 30 minutes.