Sunday, June 12, 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, Japan nuclear worries, rising eurozone debt angst, technical selling and emerging market inflation fears offset bargain-hunting, short-covering and falling energy prices. My intermediate-term trading indicators are giving mostly bearish signals and the Portfolio is 50% net long heading into the week.

No comments: