Monday, May 26, 2014

5-26-14: Market Focus: Prepare for The Week to Come

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All data and images for this report are provided by Charles Schwab optionsXpress

Economic Calendar
I am focused on the consumer: Confidence, Housing & Personal Income.  We need to keep an eye on GDP revisions changes as well.

Partial List of Noteworthy Earnings This Week
A quiet week, but retail is still out there: KORS, ANF, EXPR & COST.

Technical / Pattern Breakouts to Watch: Up-trends
Note the three repeat names from last week (two of which are China large cap ETFs).  Each outperformed the S&P 500.

S&P 500: +1.29%
EMC: +1.57%
FXI: +1.92%
XPP: +3.82%

Technical / Pattern Breakouts to Watch: Down-trends
Note MOMO favorite LNKD.

This is trade analysis, not a recommendation.

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