The Market On Tuesday

Futures are up and the market is expected to open higher.

So much for the tragic news about GM and Chrysler which allegedly tanked markets yesterday. That was fast, and out of sight out of mind. All this proves is that the reasons given for market volatility are weak. The only reason is money - money.

Let's not forget, the uptick rule is still not in place, so the short sell is still a big profit maker.

Here is a recent overview and perspective article on the economy. This one goes into the "bottom is not quite here yet but it is within sight" category.

Reuters: U.S. recession seen not yet bottoming

While the economy still appears on a downward path, the slope is not as steep as many had feared.

"We can see some green shoots out there in the economy, but that's not enough at this point to tell me definitively that we are close to bottoming out in this process..."

Reuters: U.S. stock futures point to higher open

U.S. consumer confidence due out at 1400 GMT is expected to have edged up in March from the record low hit in February.