Sunday, May 08, 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 mixed as growing Mideast unrest, global growth concerns, rising eurozone debt angst and emerging market inflation fears offset mostly positive earnings reports, bargain-hunting, lower food/energy prices and buyout speculation. My intermediate-term trading indicators are giving neutral signals and the Portfolio is 75% net long heading into the week.

1 comment:

Betsy said...

I usually try to be more optimistic than this, but your week's predictions seem to be dismally standard for our world right now. :(
Here's to US stocks!