The Commodity Trade, Housing Data and Retail Stocks in Focus for the Week Ahead

The market consolidated a bit to round out trade for the week of November 10, but after the parabolic move from the October lows, there are opportunities to allocate assets for a positive future. TheStreet’s Jill Malandrino points out the focus for the Week of November 17 is going to be on manufacturing housing data and key retail S&P 500 stocks reporting in front of the all-important holiday season. Key retailers scheduled to report include Tyson, Urban Outfitters, Home Depot, TJ Maxx, Lowe's, Smuckers, Staples, Target, Dollar Tree and Gamestop. Expectations for Holiday 2014 spending are high as lower prices at the pump are giving consumers tax-free money to spend. That is positive for consumer discretionary stocks, especially the consumer electronic names. In addition, the commodity trade is key as traders look for clues in the oversupply situation with crude and pressure from the U.S. dollar in gold.