The same thing was happening in the transports sector with FedEx ( FDX ) and United Parcel Service ( UPS ) trying to rebound off new 52-week lows hit earlier in the week. Looking at today's market movers, Bank of America ( BAC ) was able to climb back to the $7 level as the stock appears to be the short-term focus of every financial media anywhere you turn. We know there is a tough squeeze going on from unemployment, reduced benefits, lack of salary raises, and inflation in areas that pinch the consumer (food, gas, utilities).