Sunday, May 02, 2010

Weekly Outlook

U.S. Week Ahead by MarketWatch (video).
Wall St. Week Ahead by Reuters.
Stocks to Watch Monday by MarketWatch.
Weekly Economic Calendar by

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

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