Sunday, August 21, 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, rising 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 50% net long heading into the week.
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2 comments:
Hello just found your blog. Very interesting. I would like to be added to your blog roll if you could. www.tradingwiththeaveragejay.blogspot.com thanks Jay
Thanks. I'll take a look.
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