This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Quick Take: The Week Ahead

Stocks in this article: DGNAV

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). Dollar General (DG) 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.

video platformvideo managementvideo solutionsvideo player

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.

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,735.52 +274.20 1.67%
S&P 500 1,954.66 +27.55 1.43%
NASDAQ 4,456.78 +73.9330 1.69%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs