Weekly Outlook

Click here for Wall St. Week Ahead by Reuters.

Click here for stocks in focus for Monday by MarketWatch.

There are some economic reports of note and a few significant corporate earnings reports scheduled for release this week.

Economic reports for the week include:

Mon. – None of note

Tues. – Weekly retail sales reports, S&P/CS Home Price Index, Chicago Purchasing Manager, Consumer Confidence

Wed. – Weekly MBA mortgage applications report, Initial Jobless Claims, NAPM-Milwaukee

Thur. – US markets closed

Fri. – ISM Manufacturing, ISM Prices Paid

Some of the more noteworthy companies that release quarterly earnings this week are:

Mon. – None of note

Tues. – None of note

Wed. – McGraw-Hill(MHP)

Thur. – US markets closed

Fri. – Finish Line(FINL)

Other events that have market-moving potential this week include:

Mon. – (FITB) shareholders meeting, (WINS) shareholders meeting, (EPEX) shareholders meeting

Tue. – None of note

Wed. – None of note

Thur. – US markets closed

Fri. – None of note

BOTTOM LINE: I expect US stocks to finish the week higher on seasonal strength, diminishing financial sector pessimism, lower mortgage rates, bargain-hunting, short-covering, declining credit market angst and less forced selling. My trading indicators are giving bullish signals and the Portfolio is 100% net long heading into the week.