1.) We have ongoing tensions between Iran and Britain, which are driving up oil prices.
2.) Bernanke testifies on Capital Hill. To get a better idea of what this testimony is really about Read this article from Barry Ritholtz at the Big Picture
3.) We have durable goods data coming out. Pay particular attention to the year-over-year number. Here are the charts for total orders YOY and total orders ex-transportation YOY.
4.) Federal Authorities announced a probe of Beazer Homes. Watch XHB -- the homebuilders ETF. I'll post a chart later.