The Week Ahead 2/9
4 stocks to watch + SPY pivots
Earnings to Watch
Economic Calendar
The labor market and inflation will be in focus during the second half of this week’s economic readings.
Wednesday, February 11
NFP
Unemployment Rate
Thursday, February 12
PPI
Continuing Jobless Claims
Friday, February 13
CPI
Stocks to Watch
W 0.00%↑
After a large sell-off in W, it returned to a zone where buyers felt more comfortable buying the dip.
The weekly chart, shared below, shows that W is backtesting the highs of a previous 3.5-year consolidation and accumulation.
In addition to the support found at 84-87, W also saw unusual May option activity targeting the $100 area while trading around $91.75.
W pivots
Long >90
Targets 92, 95
Sustained trade >95 continues bullish price action
Target 100
Sustained trade >100 targets 110+
PINS 0.00%↑
PINS has seen some rather extreme weakness over the last couple of weeks of trade. In the last 10 sessions, PINS has lost over 25% of its evaluation. Now, during the coming week of trade, PINS is anticipated to report earnings on Thursday after the market closes.
One of the more interesting trends via the options market from Friday’s trade was the PINS call activity.









