Portfolio Manager's Commentary on Investing and Trading in the U.S. Financial Markets
Sunday, June 02, 2013
Weekly Outlook
U.S. Week Ahead by CNBC (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 rising global growth fears, Fed "taper" worries, more Mideast unrest, increasing Eurozone debt angst, profit-taking, more shorting and technical selling. My intermediate-term trading indicators are giving neutral signals and the Portfolio is 25% net long heading into the week.
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