Sunday, May 16, 2010

Weekly Outlook

U.S. Week Ahead by MarketWatch (video).
Wall St. Week Ahead by Reuters.
Stocks to Watch Monday by MarketWatch.
Weekly Economic Calendar by

BOTTOM LINE: I expect US stocks to finish the week modestly lower on rising financial sector pessimism, increasing sovereign debt fear, technical selling, tax hike worries, regulatory concerns and China bubble fears. My intermediate-term trading indicators are giving mostly bearish signals and the Portfolio is 75% net long heading into the week.

No comments: