Sunday, January 20, 2013

Weekly Outlook


U.S. Week Ahead by MarketWatch (video)

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 modestly lower on US debt ceiling concerns, Eurozone debt angst, profit-taking, rising Mideast/China-Japan tensions, earnings disappointments, technical selling and more shorting. My intermediate-term trading indicators are giving neutral signals and the Portfolio is 50% net long heading into the week.

No comments: