The firmer tone for crude futures should underpin the market at the open.

I think it is easily conceivable that we could see crude futures hit $70 this week.

The surprise fall in crude stocks has helped the rally and the energy sector has keyed off that.

The pullback in crude is mostly related to the tentative deal between Russia and Iran on uranium enrichment, and gold is softer mostly for the same reason.

We had a pretty decent pull-back in spot gold, so I think there is some profit-taking here.

We got weakness in the Nasdaq today before some big earnings.