This Day On The Street
Continue to site
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

[video] Quick Take: The Week Ahead

NEW YORK ( TheStreet) -- It's the final week of August, and TheStreet's David Peltier and Lindsay Bell are telling investors what to expect.

This is considered the last week of summer for Wall Street. Volume will likely remain muted, especially because earnings are almost finished.

Peltier said he would be watching Campbell Soup Company (CPB), which plans to report earnings on Thursday. The stock has done terrificly this year, and he wants to see whether the momentum can continue.

Pacific Sunwear (PSUN) will also report earnings on Thursday, and it will be interesting to see whether the company can buck the disappointing retail trend, Peltier said.

Guess? (GES) and Express (EXPR) are expected to report earnings on Wednesday.

Pending home sales will be announced this week, following the disappointing new-homes sales data released Friday.

However, the biggest economic data point likely will be the second-quarter GDP figure, Bell said. Economists are looking for a revision of 2.2%, vs. the prior estimate of 1.7%.

-- Written by Bret Kenwell in Petoskey, Mich.

Bret Kenwell currently writes, blogs and also contributes to Robert Weinstein'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

Portfolio Manager Jim Cramer and Director of Research Jack Mohr 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

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
AAPL $132.52 0.86%
FB $81.21 0.91%
GOOG $541.92 -0.11%
TSLA $246.41 0.32%
YHOO $43.64 -0.09%


DOW 18,251.72 -34.02 -0.19%
S&P 500 2,128.20 -2.62 -0.12%
NASDAQ 5,094.2430 +3.4490 0.07%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs