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Quick Take: The Week Ahead

NEW YORK ( TheStreet) -- In two different videos Friday, TheStreet's Brittany Umar, David Peltier and Lindsey Bell gave us a look at some of the big events happening this week.

Bell noted that the old adage "Sell in May and go away" has not seemed to apply in 2013, but Peltier said it is important to note that the S&P 500 (SPX) was down six of the previous nine sessions to end the month. Also, according to Peltier, June has typically been the worst month for stocks over the last 20 years.

Umar noted that after the close on Monday, investors will get results from Navistar (NAV - Get Report). Dollar General (DG - Get Report) is scheduled to report quarterly results on Tuesday.

Dollar General has had a huge run this year. Analysts will be looking for it to report earnings of 73 cents a share share, an increase of 13% year over year.

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Wednesday features homebuilder Hovanian Enterprises (HOV), and analysts are expecting a slight loss despite the strong housing recovery.

Thursday features the retailer Ann (ANN) and network provider Ciena (CIEN), which has missed two of its previous three earnings estimates.

The most notable event this week will certainly be the nonfarm payrolls number on Friday. The trading week will likely be choppy headed into Friday, with investors uncertain about the results and perhaps more importantly, the ramifications it will have on the Fed's policy.
Bret Kenwell currently writes, blogs and also contributes to Rocco Pendola's Weekly Options Newsletter. Focuses on short- to intermediate-term trading opportunities that can be exposed via options. He prefers to use debit trades on momentum setups and credit trades on support/resistance setups. He also focuses on building long-term wealth by searching for consistent, quality dividend paying companies and long-term growth companies. He considers himself the surfer, not the wave, in relation to the market and himself. He has no allegiance to either the bull side or the bear side.

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