Weekly Outlook

Click here for Wall St. Week Ahead by Reuters.

Click here for stocks in focus for Monday by MarketWatch.

There are several economic reports of note and a number of significant corporate earnings reports scheduled for release this week.

Economic reports for the week include:

Mon. – None of note

Tues. – Wholesale Inventories, IDP/TIPP Economic Optimism, weekly retail sales reports

Wed. – Weekly MBA mortgage applications report, weekly EIA energy inventory data, Monthly Budget Statement, Trade Balance

Thur. – Advance Retail Sales, Initial Jobless Claims, Business Inventories

Fri. – Univ. o Mich. Consumer Confidence

Some of the more noteworthy companies that release quarterly earnings this week are:

Mon. – NYSE Euronext(NYX), Hasbro(HAS), Energy Conversion(ENER), Beazer Homes(BZH), Loews Corp.(L), Administaff(ASF), AGCO(AG), CNA Financial(CNA), Whirlpool(WHR), Cousins Properties(CUZ), Becman Coulter(BEC), Vulcan Materials(VMC), Genworth Financial(GNW)

Tues. – IntercontinentalExchange(ICE), NetSuite(N), Applied Materials(AMAT), CB Richard Ellis(CBG), Nvidia Corp.(NVDA), Cerner Corp.(CERN), Terra Industries(TRA)

Wed. – PF Chang’s(PFCB), Chipotle Mexican Grill(CMG), Post Properties(PPS), Masco(MAS), NetApp(NTAP), Lincare Holdings(LNCR), Jones Apparel(JNY), Grubb & Ellis(GBE), Genzyme(GENZ), Marsh & McLennan(MMC)

Thur. – Marriott(MAR), Strayer Education(STRA), Coca-Cola(KO), Aetna(AET), Viacom(VIA/B), Cephalon(CEPH), Panera Bread(PNRA), Cheesecake Factory(CAKE), McAfee(MFE)

Fri. – Biogen Idec(BIIB), Hillenbrand(HI), LaBarge(LB), Weyerhaeuser(WY)

Other events that have market-moving potential this week include:

Mon. – Tim Geithner’s Financial System Recovery Plan, the Fed’s Fisher speaking, Thomas Weisel Tech/Telecom Conference, Barclays Industrial Conference, Sterne Agee & Leach Financial Services Symposium, UBS Global Healthcare Conference, BIO Investor Conference

Tue. – The Fed’s Dudley speaking, Geithner’s testimony on financial rescue program, Bernanke testifies, Deutsche Bank Growth Conference, BIO Investor Conference, UBS Global Healthcare Conference, Barclays Industrial Conference, Sterne Agee & Leach Financial Services Symposium, Goldman Ag Conference, Thomas Weisel Tech/Telecom Conference

Wed. – (BCE) analyst meeting, (BBT) investor & analyst day, (NYX) investor day, (DVA) capital markets day, the Fed’s Duke speaking, the Fed’s Evans speaking, Barclays Industrial Conference, UBS Global Healthcare Conference, BB&T Transports Conference, Deutsche Bank Growth Conference, Thomas Weisel Tech/Telecom Conference

Thur. – (ATW) annual meeting, (ISIL) analyst day, (QGEN) analyst day, Deutsche Bank Growth Conference, BB&T Transports Conference, Goldman Sachs Consumer Leveraged Finance Conference

Fri. – (JACK) shareholders meeting, (HAS) analyst meeting

BOTTOM LINE: I expect US stocks to finish the week modestly higher on bargain-hunting, technical buying, declining credit market angst, less severe economic fear, falling financial sector pessimism and short-covering. My trading indicators are giving mostly bullish signals and the Portfolio is 100% net long heading into the week.