The bulls' hooves got louder this week in TheStreet.com's RealMoney Barometer of market outlook.
Of the 1,231 votes cast, the bulls captured 563, or 46%. The bears got 334 votes, or 27%. The neutral vote came in at 338 votes, statistically also just shy of 27%.
In the sectors, precious metals once again was picked as most likely to rise. Pharmaceuticals was tapped as most likely to fall this week, which some have attributed to the Democrats' victory in the congressional elections.
Stocks were higher Monday as traders prepared for a host of inflation data and numerous profit reports from the retail and high-tech sectors this week.
Dow Jones Industrial Average
was up 28 points, or 0.2%, to 12,136, and the
was gaining 3.5 points, or 0.25%, to 1384. The
was higher by 11 points, or 0.5%, at 2401.
Crude oil futures were down 88 cents a barrel to $58.71.
Gold was slipping Monday as the dollar rebounded from its recent thrashing.
Prices for December-delivery gold contracts were recently moving lower by $3.90 at $626.20 an ounce on the Nymex, and the bullion exchange-traded funds followed the futures down, with shares of
streetTracks Gold Shares
iShares Comex Gold Trust
(IAU) both dipping about 0.6% recently.
In the currency markets, the dollar was recently buying 118.13 yen, up from 117.59 yen, late Friday. It was also trading up against the euro, which was recently at $1.2811 up from $1.2847.
The U.S. market is coming off a week in which the Dow rose 1%, the S&P 500 gained 1.2% and the Nasdaq was higher by 2.5%.
On Friday, the Dow added 5.13 points to 12,108.43, and the S&P 500 ended up 2.57 points at 1380.90. The Nasdaq climbed 13.71 points to 2389.72.
Below are the complete poll results.
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