Sunday, February 17, 2013

Weekly Outlook

Posted by Gary .....at 4:31 PM

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 US sequestration fears, global growth worries, China-Japan/Mideast tensions, Eurozone debt angst, high energy prices, profit-taking, technical selling and more shorting. My intermediate-term trading indicators are giving neutral signals and the Portfolio is 25% net long heading into the week.

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