todd colvin with us with the board of trade. one of the things we've seen here in the last week or so was money coming out of the fixed income market, bonds selling, interest rates moving higher, moving into the stock market. and in the week ahead, the government's kind of run a lot of those bond buyers to be back in the market, aren't they? >> it was a big surprise last week to see yields go up over 35 basis point in tent you're with no options on the calendar. typically we see the non-option weeks the yields go lower. you're right, a lot of money coming out of the bond market and not necessarily going into the stock market at this point. i think the early move last week in the stock market was more short covering relate when had gold man sachs earnings came through the week. later in the week we did see fresh buying. buyer beware. we get to the top of the levels and we may run into resistance. irrelevant let's talk about what the bond market could hold for the stock market in weeks ahead. odds are there could be a lot of activ

we'r're joined byy todd colvin mfmfloloba andurur nt guest is mimikeolland of hollandnd & company. >>, becky, withhehe bebegiining oearning season ocks are going to kind of be tetentiviv we've seen the s s&povover near the e -d-dayoving average around e 900 level. likewise, i think the e tw biggest pieces of newsing g wi be the consumemecrcred numbers and d clmsms those twoo a very keyey ithe rerecoryry of t economy or the fact that itouould stay towowar theaker side if tt consumer credit continues to deine, it gives the consnsumess s speing power. >> right. sosomeing to beononceed about. fact, mimikethat's what we re talking about this mororni with d dav rosenberg where you start to looook a the unemplployntntumber as a leading indidicar r ther than a lagging indicator r enen y get to these incredible numbebe.. he says, this ishat happens after a credit crunch. . >> permanentntrecession, right? >> righgh >> it's -- we'rere going to be getting next w wee particularly lot of companies a a c ceo talking about w wha the future looks keke. it's notoing to look bright r r a while. in the 1