As longer as we do not fall more than yesterday it would mean sellers getting weaker.....
but.... it's too much data coming up this week....
Street bulls in short supply
Stock futures tilt lower, with a raft of economic data due and Bernanke back on Capitol Hill. Intel's bullish outlook isn't sufficient to rouse the bulls to action.
Another busy day on the economics calendar includes consumer prices for June, a May report on portfolio inflows, June industrial production, July homebuilders sentiment, minutes from the last Federal Reserve meeting and day two of Bernanke's semi-annual testimony before Congress.
Weekly energy inventory data also is due for release.
Abbott Labs 2nd-quarter net up 34%, sales up 15%.
Church & Dwight expects Q2 net of 62 cents a share or better
Lufkin Industries posts higher second-quarter profit
Old Dominion Freight Line to top earnings estimates
R.R. Donnelley estimates adjusted net at least 72c-share
Mercantile Bank of Michigan posts loss, cuts payout
B/E Aerospace expects to top 2nd quarter earnings consensus
Valley National's quarterly net profit up nearly 5%
Knight Capital net rises 21%, lags forecast
Autogrill forecasts 2008 earnings to miss forecasts
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