Monday, May 28, 2012

Weekly Outlook


Wall St. Week Ahead by Reuters.
Stocks to Watch Tuesday by MarketWatch.
Weekly Economic Calendar by Briefing.com.

BOTTOM LINE: I expect US stocks to finish the week mixed as rising global growth fears, less US economic optimism, rising Eurozone debt angst and high energy prices offset short-covering, technical buying and bargain-hunting. 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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