Sunday, July 24, 2011

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 Briefing.com.

BOTTOM
LINE: I expect US stocks to finish the week modestly lower on rising global growth fears, US "fiscal cliff" concerns, rising food/energy prices, rising Eurozone debt angst, profit-taking and technical selling. My intermediate-term trading indicators are giving neutral signals and the Portfolio is 50% net long heading into the week.

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