Sunday, October 09, 2011

Weekly Outlook

U.S. Week Ahead by MarketWatch (video).LinkWall 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, rising global debt angst, global growth worries, technical selling, more shorting and emerging market inflation fears. My intermediate-term trading indicators are giving mostly bearish signals and the Portfolio is 50% net long heading into the week.

1 comment:

theyenguy said...

I am bearish as well, having just written my article ... The Fate Of Eurozone Bailout May Rest On Slovak Politician Richard Sulik ... Merkel And Sarkozy Propose A European Bank Reorganization And A New Vision For Europe