Sunday, May 13, 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 rising global growth fears, less US economic optimism, rising Eurozone debt angst, technical selling, less financial sector optimism, more shorting and high energy prices. My intermediate-term trading indicators are giving neutral signals and the Portfolio is 50% net long heading into the week.

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