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Big Week Ahead for Retail Traders?

If you trade retail stocks next week could be action packed. A slew of major names report earnings.

Just take a look at some of the big guns that the market will hear from as soon as Monday.

Earnings Calendar
Monday: Lowe's, Urban Outfitters
Tuesday: Abercrombie & Fitch, Home Depot, TJX, Walmart
Wednesday: BJ, Target
Thursday: Dollar Tree, Ross Stores, Staples

How should you position?

I own Home Depot and will continue to own it but that’s for the long-term, says Patty Edwards. Otherwise I’m a little concerned about what we’ll hear.

If the consumer is slowing that’s concerning for these names, adds Guy Adami. Kohl’s quietly made a 52-week low this week so it’s hard to short these stocks – I’d just stay away.



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Trader disclosure: On Aug 13, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Seymour owns (BAC), (BX), (GOOG); Adami owns (AGU), (BTU), (NUE), (C), (GS), (INTC), (MSFT); Adami’s wife works at Merck; Terranova owns (AKAM), (BAX), (FCX), (MOS), (PFE), (SU), (XBI); Terranova owns (GLD) Calls; Jon Najarian owns (CSCO) short calls; Jon Najarian owns (LVS) short calls; Jon Najarian owns (AA) short calls

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