Portfolio Manager's Commentary on Investing and Trading in the U.S. Financial Markets
Sunday, August 14, 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 US tax hike worries, financial sector pessimism, eurozone debt angst, global growth concerns and emerging market inflation fears offset short-covering, bargain-hunting and buyout/buyback speculation. My intermediate-term trading indicators are giving mostly bearish signals and the Portfolio is 75% net long heading into the week.
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