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Morning Call Express: Samp;P 500 Has 1700 on the Horizon

Scott Redler, Chief Strategic Officer of T3Live.com, and Brittany Umar talk about how the Samp;P 500's "Road to 1700" could take place sooner than Redler originally expected, discuss what effect Fed Chairman Ben Bernanke could have on the market when he gives congressional testimony on Wednesday, and quick look at the chart of Yahoo! (NASDAQ:YHOO), now that the Internet giant has confirmed that it will acquire Tumblr for $1.1 billion.