Cautious Mood

Good morning. The cautious mood continues this morning as oil falls and Marvel Tech (MRVL) cuts its revenue outlook. We also have downgrades for the energy and homebuilding sectors and that has influenced the trading bias.

Stocks trading higher in premarket trading include SWKS, SPPI, ALTH, RFMD, GIGM, ENMC, PPCO, BCSI, and NAVR. Stocks trading lower are MRVL, BRCM, ALGN, SEPR, CYTK, KRSL, OMNI, and SYMC. The focus today will be auto sales ahead of Ben Bernanke's talk to economists on Wednesday.

Have a great day!