Bulls Cheer Winning Streak

Stocks have risen for two straight weeks. Our sentiment survey finds investors think they will go higher this week as well.
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NEW YORK (

TheStreet

) -- The

Dow Jones Industrial Average's

weekly winning streak is at two. While the rally may be less than robust, investors still believe the index will chalk up a third-straight winning week.

As of 5 a.m. EDT Monday, the

TheStreet's

Bull vs. Bear poll finds survey-takers who are bullish on stocks tallying 289 votes, or 50.3%, of the 575 total votes cast in the poll. Bears came in with 203 votes, or 35.3%, while those neutral on stocks this week were at 83 votes, or 14.4%.

Poll participants expect the commercial banks and precious metals sectors to rise the most this week. Coincidentally, the poll finds investors expecting banks and metals, such as gold and silver, to also fall the most this week.

Premarket futures also had a bullish bent, suggesting stocks would rise when Wall Street opens Monday.

Last week, the Dow inched higher by 0.1%, the

S&P 500

rose 0.5% and

Nasdaq

gained 0.4%.

The big news over the weekend came from overseas. In Basel, Switzerland, the Basel Committee on Banking Supervision announced on Sunday its adoption of

new higher international capital standards

for the banking industry. The committee includes regulators and central bankers from around the world. U.S. officials, including

Federal Reserve

Chairman Ben Bernanke endorsed the new standards, saying they are "significant step forward in reducing the incidence and severity of future financial crises."

There were indications the standards could still be set higher for the biggest banks such as

Bank of America

(BAC) - Get Report

,

Citigroup

(C) - Get Report

and

JPMorgan Chase

(JPM) - Get Report

.

In China, inflation in August rose by 3.5%, the highest level in 22 months, but industrial output, fixed asset investment, and retail sales all showed higher-than-expected growth.

Asian stocks ended higher Monday on the news out of China, while European stocks were gaining as banks gained strength on the heels of the Basel agreements.

Earnings this week are expected from the likes of

FedEx

(FDX) - Get Report

,

Best Buy

(BBY) - Get Report

,

Oracle

(ORCL) - Get Report

and

Research In Motion

(RIMM)

.

> > Bull or Bear? Vote in Our Poll

The poll closes at 9:15 a.m.

-- Written by Joseph Woelfel in New York.