This “Outlook” provides you with information for the week & 2011, including economic news and indicators, company news, technical indicators, market conditions, options action and investing ideas.
Extract: “'Tis the season to be bullish.
That's certainly the call of many Wall Street's strategists, who get a lot of press this time of year on their prognostications. Many see the S&P 500 scoring double-digit gains and finishing 2011 at 1400 or higher, because of a better economy, better earnings, better tone from Washington, and a better case for equities versus bonds.
In a holiday-shortened week, Adobe, Darden Restaurants, Nike and Bed, Bath & Beyond report results. And key reports are due on the economy, housing data and durable goods orders, as well as three days of Fed bond purchases are among the highlights of the week ahead.”
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