Sunday, July 07, 2013

Weekly Outlook


U.S. Week Ahead by Reuters (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, more emerging markets unrest, increasing Eurozone/Asian debt angst, earnings outlook concerns, more shorting and technical selling. My intermediate-term trading indicators are giving neutral signals and the Portfolio is 50% net long heading into the week.

1 comment:

theyenguy said...

Going into July Earnings Season Reporting, World Stocks, VT, Nation Investment, EFA, Small Cap Nation Investment, EFA, Global Industrial Production Investment, FXR, and Sector Investment with those which have seen the least investment derisking, are at great risk for a significant sell off; these include

Biotechnology, IBB,
Semiconductor, XSD,
Small Cap Value, RZV,
Retail, XRT,
and Internet Retail, FDN, and its stocks, AMZN, PCLN, and GOOG, thsee being the short selling opportunity of a lifetime, as the the global credit carry trade is over through finished and done.