Sunday, May 09, 2010

Weekly Outlook

U.S. Week Ahead by MarketWatch (video).
Weekly Look Ahead by CNBC.
Stocks to Watch Monday by MarketWatch.
Weekly Economic Calendar by

BOTTOM LINE: I expect US stocks to finish the week mixed as rising financial sector pessimism, profit-taking, increasing economic fear and China bubble concerns offset bargain-hunting and short-covering. My intermediate-term trading indicators are giving mostly bearish signals and the Portfolio is 50% net long heading into the week.

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