Monday, January 31, 2011

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 lower on profit-taking, increasing energy prices, more shorting, profit margin concerns, technical selling, rising Middle East tensions and emerging markets inflation worries. 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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