Sunday, September 18, 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 financial sector pessimism, increasing eurozone debt angst, global growth worries, more shorting, technical selling, profit-taking and emerging market inflation fears. My intermediate-term trading indicators are giving mostly bearish signals and the Portfolio is 75% net long heading into the week.

No comments: