Sunday, June 05, 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 growing Mideast unrest, global growth concerns, eurozone debt angst, more shorting, technical selling, rising food prices and emerging market inflation fears. My intermediate-term trading indicators are giving mostly bearish signals and the Portfolio is 50% net long heading into the week.

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