Until late last week, the market's advance was led by the Dow 30 and S&P 500. But group rotation, favoring the mid- and lower-quality stocks, occurred on Friday. The Nasdaq's reversal from the daily low to a new closing high for the year was just what the doctor ordered. But can the market's advance be sustained?

With earnings coming in better than anticipated this season, it is likely stocks will continue to advance.

THIS WEEKS MARKET MOVERS

Monday Jul 25	Tuesday Jul 26	Wednesday Jul 27	Thursday Jul 28	Friday Jul 29
Market Focus » International Perspective » Simply Economics » Dallas Fed Mfg Survey 10:30 AM ET 4-Week Bill Announcement 11:00 AM ET 3-Month Bill Auction 11:30 AM ET 6-Month Bill Auction 11:30 AM ET 2-Yr Note Auction 1:00 PM ET	FOMC Meeting Begins  Redbook 8:55 AM ET S&P Case-Shiller HPI 9:00 AM ET PMI Services Flash 9:45 AM ET New Home Sales 10:00 AM ET Consumer Confidence 10:00 AM ET Richmond Fed Manufacturing Index 10:00 AM ET State Street Investor Confidence Index 10:00 AM ET 4-Week Bill Auction 11:30 AM ET 5-Yr Note Auction 1:00 PM ET	MBA Mortgage Applications 7:00 AM ET Durable Goods Orders 8:30 AM ET Pending Home Sales Index 10:00 AM ET EIA Petroleum Status Report 10:30 AM ET 2-Yr FRN Note Auction 11:30 AM ET FOMC Meeting Announcement 2:00 PM ET	Weekly Bill Settlement International Trade in Goods 8:30 AM ET Jobless Claims 8:30 AM ET Bloomberg Consumer Comfort Index 9:45 AM ET EIA Natural Gas Report 10:30 AM ET Kansas City Fed Manufacturing Index 11:00 AM ET 3-Month Bill Announcement 11:00 AM ET 6-Month Bill Announcement 11:00 AM ET 7-Yr Note Auction 1:00 PM ET Fed Balance Sheet 4:30 PM ET Money Supply 4:30 PM ET	GDP 8:30 AM ET Employment Cost Index 8:30 AM ET John Williams Speaks 9:30 AM ET Chicago PMI 9:45 AM ET Consumer Sentiment 10:00 AM ET Baker-Hughes Rig Count 1:00 PM ET Rob Kaplan Speaks 1:00 PM ET Farm Prices 3:00 PM ET

THIS WEEKS MARKET MOVERS

Monday Jul 18	Tuesday Jul 19	Wednesday Jul 20	Thursday Jul 21	Friday Jul 22
Market Focus » International Perspective » Simply Economics » Housing Market Index 10:00 AM ET 4-Week Bill Announcement 11:00 AM ET 3-Month Bill Auction 11:30 AM ET 6-Month Bill Auction 11:30 AM ET Treasury International Capital 4:00 PM ET	Housing Starts 8:30 AM ET Redbook 8:55 AM ET 4-Week Bill Auction 11:30 AM ET 52-Week Bill Auction 11:30 AM ET	MBA Mortgage Applications 7:00 AM ET EIA Petroleum Status Report 10:30 AM ET	Weekly Bill Settlement Jobless Claims 8:30 AM ET Philadelphia Fed Business Outlook Survey 8:30 AM ET Chicago Fed National Activity Index 8:30 AM ET FHFA House Price Index 9:00 AM ET Bloomberg Consumer Comfort Index 9:45 AM ET Existing Home Sales 10:00 AM ET Leading Indicators 10:00 AM ET EIA Natural Gas Report 10:30 AM ET 3-Month Bill Announcement 11:00 AM ET 6-Month Bill Announcement 11:00 AM ET 2-Yr Note Announcement 11:00 AM ET 2-Yr FRN Note Announcement 11:00 AM ET 5-Yr Note Announcement 11:00 AM ET 7-Yr Note Announcement 11:00 AM ET 10-Yr TIPS Auction 1:00 PM ET Fed Balance Sheet 4:30 PM ET Money Supply 4:30 PM ET	PMI Manufacturing Index Flash 9:45 AM ET Baker-Hughes Rig Count 1:00 PM ET