Sunday, July 17, 2011

Weekly Outlook

Link
U.S. Week Ahead by MarketWatch (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 mixed as US debt ceiling concerns, eurozone sovereign debt angst, global growth worries and emerging market inflation fears offset bargain-hunting, short-covering, less tech sector pessimism and technical buying. My intermediate-term trading indicators are giving neutral signals and the Portfolio is 75% net long heading into the week.

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