Weekly Outlook

Click here for Wall St. Week Ahead by Reuters.

Click here for stocks in focus for Monday by MarketWatch.

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

Economic reports for the week include:

Mon. – None of note

Tues. – IBD/TIPP Economic Optimism Index, Consumer Credit, weekly retail sales

Wed. – Weekly MBA mortgage applications, weekly EIA energy inventory report, Wholesale Inventories

Thur. – Trade Deficit, Import Price Index, Initial Jobless Claims, ICSC Chain Store Sales

Fri. – US markets closed - Monthly Budget Statement

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

Mon. – Immucor Inc.(BLUD)

Tues. – Ruby Tuesday(RT), Alcoa(AA), Mosaic(MOS), Bed Bath & Beyond

Wed. – Constellation Brands(STZ), Family Dollar(FDO), Shaw Group(SGP)

Thur. – JOS A Bank(JOSB), PEP Boys(PEP)

Fri. – US markets closed

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

Mon. – The Fed’s Warsh speaking, (NOVL) shareholders meeting, (UMH) investor forum

Tue. – (ALKS) analyst meeting, (ARUN) analyst meeting, (GT) shareholders meeting, (EMR) analyst meeting, (DNR) analyst meeting

Wed. – The Fed’s Fisher speaking, FOMC Minutes from March meeting, (TROW) shareholders meeting, (TIBX) shareholders meeting, (UTX) shareholders meeting, (WDR) shareholders meeting

Thur. – The Fed’s Stern speaking, the Fed’s Hoenig speaking, (LCAV) shareholders meeting, (AHS) shareholders meeting

Fri. – US markets closed

BOTTOM LINE: I expect US stocks to finish the week mixed as less credit market angst, declining economic fear, lower energy prices and diminishing financial sector pessimism offset more shorting and profit-taking. My trading indicators are giving bullish signals and the Portfolio is 100% net long heading into the week.