Pre Market - July 19th 2007

Looking for a positive open. Futures up nice after yesterday's roller coaster ride in the market. Oil is over $75.00 again and is getting close to $76.00. So far it does not seem to be impacting the general mood of the markets, yet anyway.

Some good earnings reports this morning. Honeywell (HON) beat estimates and that is a good bellweather stock in my book for market health. Each investor/trader has their own list of stocks that they use to gauge the market and Honeywell is one of those on my list.

European and Asian markets on the upside this morning.