Sunday, October 16, 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

BOTTOM LINE: I expect US stocks to finish the week modestly lower on profit-taking, financial sector pessimism, global debt angst, global growth worries, technical selling, more shorting, earnings outlooks 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.

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