Some churning in the retail and energy sectors over the holiday-shortened week plus continuing economic worries may mean investors will have to tread cautiously. But changes on the international front offer some interesting opportunities.
Weighing on Retail
Wal-Mart reported strong results this week, posting a 4 percent jump in profits and putting retail stocks in the spotlight. Markets tried to gauge whether it signaled a broad trend or merely a blip in general retail malaise.
David Abella of Rochdale Management and JPMorgan's Charles Grom debated whether to buy Wal-Mart or other discount retailers like Costco or Target .