The bulls maintained their lock on TheStreet.com RealMoney Barometer survey this week.
Of the 1,610 votes cast, the bulls took 850, or 52%. The bears got 367 votes, or 22%, while neutral came in with 423 votes, or 26%.
For the second week in a row, energy equipment and services was selected as the sector most expected to rise. Homebuilders again was tabbed as most likely to fall.
Other sectors expected to have a good week were integrated oil and precious metals. Airlines and automobiles were chosen as two sectors expected to decline.
In company news today,
posted in-line first-quarter financial results and impressive growth in its Verizon Wireless venture with
. Here's what
Scott Moritz had to say about Verizon's quarter: "The company's costly fiber-optic expansion effort is getting less expensive, while new TV subscribers are coming on board faster than expected.
"But the main phone business saw its fourth-straight quarter of increased customer defections. In the first quarter, Verizon lost 925,000 lines from year-end levels -- meaning it has lost 7.9% of the lines it had at March 31, 2006. The cancellation rate is up from 7.6% in the fourth quarter and 6.9% a year ago."
Ted Reed reports that "
Delta Air Lines
has officially ended its 19-month stay in bankruptcy, saying it has cut enough costs and changed its business in a manner that will allow it to succeed financially and operationally.
"Shares of Delta began trading Monday on what's known as a "when-issued" basis, meaning the stock has been authorized but not yet issued. The airline is preparing to issue 400 million new shares on Thursday. At midday, the when-issued stock was at $20.37 on the
New York Stock Exchange
In the markets, the major stock averages were trending lower recently. The
Dow Jones Industrial Average
was at 13,125, up 4.4 points. The
was at 2541, up 16 points, and the
was trading at 1492, up 2.4 points.
June crude oil futures on the Nymex were higher by 7 cents a barrel, to $66.39.
Below are the complete poll results.
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