Week Ahead: Lululemon and Ulta Earnings, End of Summer

So much for thinking the last week in August will be a quiet one on Wall Street. The Nasdaq crossed 8,000 for the first time ever and retail earnings are pouring out. Watch now for all you need to know before lululemon and Ulta's release their earnings this Thursday.
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So much for thinking the last week in August will be a quiet one on Wall Street.

The tech-focused Nasdaq Composite I:IXIC topped the 8,000 point mark for the first time on Monday.

And just Tuesday:

Now Thursday, we hear from lululemon (LULU) - Get Report  and Ulta Beauty (ULTA) - Get Report after the close.

Lululemon shares are up 70% since March. Real Money columnist Stephen "Sarge Guilfoyle details how you should be getting into the stock at this point.

And while Ulta is expected to deliver a year-over-year increase in earnings on higher revenues, we may see some decreases in its bricks-and-mortar store sales.  Online is improving, though, and could make up the difference.

As TheStreet's founder Jim Cramer always points out, the "selfie generation" always wants to look good.

Let's see if Ulta benefits from that.

Plus Friday is the last trading day of the month.