Don't try to make sense of the market.
If the big boys want financials to go up then they'll make it go up.
Financials were shorted and sold down like 60-80%. Anyone still short at that level would have been taking a massive gamble.
Financials will still go down further...but nothing ever goes straight down forever.
Just think of this as an opportunity to short more at the tail end of the rally,
Bailout for automakers will probably be done on Wed.
Could this be the catalyst for the next leg up?
