Updated from 5 a.m. EDT
NEW YORK (
) -- In a week filled with reports from some of the biggest oil companies in the world, the bulls are energized, according to our latest sentiment survey.
As of 7 a.m. EDT Monday, participants who were bullish in the
Bull vs. Bear poll tallied 399 votes, or 60.6%, of the 658 votes cast in the poll, while those who were bearish scored 183 votes, or 27.8%. Survey-takers who were neutral on the stock market this week totaled 76 votes, or 11.6%.
The commercial banks, energy equipment services and oil sectors were viewed as those most likely to rise this week. The homebuilding and precious metals sectors were those seen most likely to post declines, according to poll participants. Shares of homebuilders have tumbled since the expiration of the homebuyers' tax credit in April.
reports earnings Tuesday, as do
Royal Dutch Shell
throughout the week.
, meanwhile, is on his way out, according to reports. BP's board is working on a plan for the departure of Hayward, the
Wall Street Journal
reports. It's expected that Bob Dudley, who is a member of BP's board and as managing director oversees the company's operations in Asia and the Americas, would take over as CEO on Oct. 1, the
also are scheduled to report earnings this week.
Prior to Monday's opening on Wall Street, premarket futures suggest a mixed opening, after stocks last week posted impressive gains. The
Dow Jones Industrial Average
rose 3.2%, the
jumped 3.6% and
finshed 4.2% higher. The Dow is up 7% so far in July.
Asian shares ended higher Monday while European stocks were trading lower.
> > Bull or Bear? Vote in Our Poll
The poll closes at 9:15 a.m.
Here's a wrap-up of our other polls:
In the wake of earnings reports by major food and beverage giants this week, we asked readers of
which will pop:
Dr Pepper Snapple
In keeping with the spirit of the decades-long rivalry between the two companies, the number of votes in favor of PepsiCo and Coca-Cola were nearly evenly split, with 41.1% of the votes going to PepsiCo and 41.7% of the votes going to Coca-Cola. Dr Pepper Snapple received 17.2% of the votes.
>>Click here for full results and analysis of our Pepsi vs. Coke vs. Dr Pepper Snapple poll