Oil
Prices should pullback somewhat next week due to overbought conditions. If the pullback occurs, it would be a good opportunity to pick up some oil stocks. The summer has just started and I believe these oil prices will continue to rise after this pullback. The key resistance right now is at $75.

Earning season begins this Monday with Alcoa reporting. Most analysts believe that these sets of earnings will continue to be strong and drive the market up. If earnings reports are good and oil pulls back slightly, the coming weeks may be positive for bulls. BUT with 3M's recent warning results may not be as upbeat as analysts want them to be and maybe commodity prices are starting to hit profits.