Sunday, April 18, 2010

Weekly Outlook

Wall St. Week Ahead by Reuters.
Stocks to Watch Monday by MarketWatch.
Weekly Calendar by TradeTheNews.com.

BOTTOM LINE: I expect US stocks to finish the week modestly lower on tax hike worries, profit-taking, China bubble concerns, rising financial sector pessimism, increasing sovereign debt angst and more shorting. My intermediate-term trading indicators are giving mostly bullish signals and the Portfolio is 75% net long heading into the week.

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