Portfolio Manager's Commentary on Investing and Trading in the U.S. Financial Markets
Sunday, July 24, 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 rising global growth fears, US "fiscal cliff" concerns, rising food/energy prices, rising Eurozone debt angst, profit-taking and technical selling. My intermediate-term trading indicators are giving neutral signals and the Portfolio is 50% net long heading into the week.
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