Sunday, April 22, 2012

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 profit-taking, rising global growth fears, less US economic optimism, more shorting, rising Eurozone debt angst, less financial sector optimism and high energy prices. My intermediate-term trading indicators are giving mostly bullish signals and the Portfolio is 50% net long heading into the week.

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