Economic Calendar
I am still focused on the consumer which means, in part, housing and jobs. Thursday May 22nd is an important day.
Partial List of Noteworthy Earnings This Week
Home Depot (HD), Lowes (LOW), Gap Inc (GPS) and Best Buy (BBY) are at the top of my list to watch this week with respect to earnings.
Technical / Pattern Breakouts to Watch: Up-trends
Note the two large cap China ETFs with potential bullish breakouts in the short-term. Longer-term I am bearish on China and believe the situation there is worse than expected.
Technical / Pattern Breakouts to Watch: Down-trends
Note two pharmas/bio-techs (SGNT and ARIA) and two financials (NSM and FISI - both are small caps).
This is trade analysis, not a recommendation.
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