Sunday, July 15, 2012

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 Eurozone debt angst, rising global growth fears, more shorting, profit taking, financial/tech sector weakness, US "fiscal cliff" concerns and earnings worries. My intermediate-term trading indicators are giving neutral signals and the Portfolio is 50% net long heading into the week.

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