Sunday, November 21, 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 Briefing.com.

BOTTOM LINE: I expect US stocks to finish the week modestly higher on investment manager performance angst, diminishing economic fear, seasonal strength, tech sector optimism, less sovereign debt angst, bargain-hunting, short-covering and buyout speculation. My intermediate-term trading indicators are giving mostly bullish signals and the Portfolio is 100% net long heading into the week.

2 comments:

Unknown said...

Gary,

Can you give us an idea of what short and intermediate term indicators you look at? Your market insight is much appreciated. Thank you.

Gary said...

I use several proprietary indicators I have developed over the years Todd. Sorry I can't be more specific.