Louis Navellier looks at Ben Bernanke's comments and their subsequent affect on the markets.
"The S&P rose 40 points (+2.96%) last week, reaching a new closing high above 1680. The biggest gain came Thursday, following a series of positive economic indicators and Ben Bernanke’s dramatic change of heart on U.S. monetary policy. This week, second-quarter earnings announcement season will begin in earnest. Currently, analyst expectations for second quarter sales and earnings are so downbeat that any positive surprises will likely result in a continued rise to yet more new market highs."