Sunday, April 10, 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 Japan concerns, profit taking, more shorting, technical selling, Mideast unrest, rising energy/food prices, emerging market inflation fears and more hawkish Fed commentary. My intermediate-term trading indicators are giving neutral signals and the Portfolio is 75% net long heading into the week.

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