Adobe Systems Inc. (ADBE) is a software company offering products and services for professionals, marketers, app developers, enterprises and consumers. The stock is currently trading around $79.27 at the upper end of its 52 week range of $58.51-$80.74. The stock has been outperforming the market this year rallying 9.13% year to date. ADBE is scheduled to report earnings after the closing bell today, and the stock is higher on the session by around $0.35 or 0.44% ahead of the close.

Over the past 12 quarters ADBE has rallied on earnings day 8 times with an average move of 5.47%. The stock appears bearish on chart going into the release having traded above the Ichimoku Cloud for the past month on the daily bars. Over the past 12 quarters ADBE has rallied from earnings to the nearest options expiration 8 times with an average move of 5.28%. The stock looks as if it could continue its trend and rip to the upside further in today’s session. Investors are mainly looking to see Adobe’s Creative Cloud subscriber numbers increasing as well as how the adoption of the company’s marketing cloud and strong growth strategies will fare. Other investors worry weak global economic conditions could lower demand and impact earnings negatively.

The options market is currently implying a move of around $4.24 or 5.3% in ADBE by this Friday’s close giving us targets of $83.51 and $75.03.

The third week of June starts on Monday with the Empire State Mfg Survey at 8:30 AM ET covering a survey of manufacturers in New York State in various industries to report the change in a variety of indicators. Following this release is the Industrial Production at 9:30 AM ET to report capacity indexes and capacity utilization rates covering manufacturing, mining, and electric and gas utilities. Later on in the day is the Housing Market Index to report upon respondents’ rating of the general economy and housing market condition. Following the closing bell to be reported is the Treasury International Capital Report which is a tracking of the flow of financial instrument in and out of the US.

On Tuesday, only one announcement is to be reported an hour before the opening bell. This announcement is called the Housing Starts report, and covers the start of construction on new residential buildings. This is a major indicator because it is a powerful multiplier in the economy that causes a ripple effect among various sectors of the market.

Wednesday has three releases to watch out for beginning with the FOMC Meeting Announcement at 2 PM ET. The Federal Open Market Committee is the group who is in charge of writing the policies governing the Federal Reserve and determines the short-term interest rates in the U.S. Half an hour after this report will be the Fed Chair Press Conference and the FOMC Forecasts. The Fed Chair Press Conference is held to report quarterly economic projections. Immediately after this release is the FOMC Forecast Announcement which is simply the release of the economy’s projections.

Thursday has quite a few reports to be released throughout the day. First will be the Jobless Claims numbers at 8:30AM ET enlightening the public on unemployment claims over the past week. Following immediately after this report is the Consumer Price Index indicating the change in price level of a basket of goods or commonly known as inflation. At 10AM ET will be the Philadelphia Fed Business Outlook Survey covering a diffusion index of manufacturing conditions within the Philadelphia Federal Reserve district. Most investors watch this carefully because this indicator dictates how various investments will perform.

The last day of the trading week, Friday, has two speakers named John Williams and Loretta Mester speaking at 11:40 AM ET and 12:15 PM ET respectively. John Williams is the President of the San Francisco Federal Reserve Bank and Loretta Mester serves as the President of the Cleveland Federal Reserve Bank. This concludes the announcements and reports for this week.

Key Earnings Reports Next Week

• After the Bell on Tuesday | Adobe Systems Inc. (ADBE)
• After the Bell on Tuesday | La-Z-Boy Inc. (LZB)
• After the Bell on Wednesday | FedEx Corp (FDX)
• After the Bell on Wednesday | Oracle Corp (ORCL)

Men’s Wearhouse Inc. (MW) is known for being a specialty retailer of men’s suits and a provider of tuxedo rental products in the United States and Canada. The stock is currently trading around $58.32 at the upper end of its 52 week range of $39.77-$60.67. The stock has been outperforming the market this year rallying 31.62% year to date. MW is scheduled to report earnings after the closing bell today, and the stock is lower on the session by around $0.15 or 0.26% ahead of the close.

Over the past 12 quarters MW has rallied on earnings day 7 times with an average move of 8.69%. The stock appears bearish on a chart going into the release having traded below the Ichimoku Cloud on intraday time frames where it is trading in or below the cloud on the 5 min bar. Over the past 12 quarters MW has rallied from earnings to the nearest options expiration 5 times with an average move of 8.84%. The stock looks as if it could continue its trend and drop to the downside further in today’s session. Investors are mainly looking to see how the new Chief Digital Officer will grow sales. Ben Baum has launched a new e-commerce initiative to take tailoring online in hopes of raising sales.

The options market is currently implying a move of around $3.75 or 6.4% in MW by this Friday’s close giving us targets of $62.07 and $54.57.

Krispy Kreme Doughnuts (KKD) is a wholesaler of doughnuts, complementary beverages, treats and packaged sweets especially known for the Company’s Original Glazed doughnut. The stock is currently trading around $17.44 closer to the lower end of its 52 week range of $14.82-$22.32. The stock has been underperforming the market falling by 11.60% year to date. KKD is scheduled to report earnings after the closing bell today, and the stock is higher on the session by around $0.16 or 0.93% ahead of the close.

Over the past 12 quarters KKD has rallied on earnings day 5 times with an average move of 11.73%. The stock appears fairly bullish on an intraday chart with time frames from today going into the release having traded above the Ichimoku Cloud on the 5 min bar. Over the past 12 quarters KKD has rallied from earnings to the nearest options expiration 5 times with an average move of 11.23%. The stock looks as if it could drop to the downside in today’s session. Investors are mainly looking to see how the company fares with the newly announced opening of 31 outlets in South Africa.

The options market is currently implying a move of around $1.53 or 8.8% in KKD by this Friday’s close giving us targets of $18.97 and $15.91.

Lululemon Athletica Inc. (LULU) is a specialty retailer and designer of technical athletic apparel for women, men and female youth. The stock is currently trading around $61.71 at the upper end of its 52 week range of $36.26-$70.00. The stock has been outperforming the market by a lot this year rallying 10.34% year to date. LULU is scheduled to report earnings before the bell tomorrow, and the stock is lower on the session by around $2.06 or 3.23% ahead of the close.

Over the past 11 quarters LULU has rallied on earnings day 6 times with an average move of 10.46%. The stock appears fairly bullish on a chart going into the release having traded above the Ichimoku Cloud on intraday time frames until today where it is falling below the cloud on the 5 min bar. Over the past 11 quarters LULU has rallied from earnings to the nearest options expiration 6 times with an average move of 10.83%. The stock looks as if it could continue its trend and drop to the downside in today’s session. Investors are mainly looking to see how the company fares with expected negative impact from port labor disruptions on the West coast, weather-related challenges on the East coast and currency headwinds, particularly in Canada and Australia.

The options market is currently implying a move of around $5.65 or 9.2% in LULU by this Friday’s close giving us targets of $67.36 and $56.06.

H & R Block Inc. (HRB) provides tax preparation and banking services for assisted income tax return preparation, digital tax solutions and other services and products related to income tax return preparation. The stock is currently trading around $31.58 at the upper end of its 52 week range of $27.42-$35.80. The stock has been underperforming the market this year falling by 6.56% year to date. HRB is scheduled to report earnings after the bell today, and the stock is higher on the session by around $0.10 or 0.32% ahead of the close.

Over the past 12 quarters HRB has rallied on earnings day 4 times with an average move of 3.79%. The stock appears to be reversing a bearish trend over the last few days. Over the past 12 quarters HRB has rallied from earnings to the nearest options expiration 6 times with an average move of 4.42%. The stock looks as if it could rip to the upside in today’s session despite being down a few cents. Investors are mainly looking to see how the tax preparer will benefit from the Affordable Care Act. Other investors are looking to see how the migration away from pen and paper filers will add to earnings performance.

The options market is currently implying a move of around $1.83 or 5.8% in HRB by this Friday’s close giving us targets of $33.41 and $29.75.

Burlington Stores Inc. (BURL) is a retailer of branded apparel operating through 542 stores and an internet store. The stock is currently trading around $54.40 at the upper end of its 52 week range of $27.59-$61.94. The stock has been outperforming the market this year rallying 15.11% year to date. BURL is scheduled to report earnings before the bell tomorrow, and the stock is lower on the session by around $0.67 or 1.22% ahead of the close.

Over the past 6 quarters BURL has rallied on earnings day 5 times with an average move of 6.60%. The stock looks bullish on a chart over the past 5 days. Over the past 6 quarters BURL has rallied from earnings to the nearest options expiration 6 times with an average move of 10.95%. The stock looks as if it could continue its recent trend and rip to the upside in today’s session. Since Monday BURL has had a strong bullish trend to its chart. It has been trading above the Ichimoku Cloud since Monday and the cloud continues to show a bullish trend. Investors are mainly looking to see how the technical data will hold up for Burlington Stores Inc. because the company has beaten EPS over the last two quarters by 78% and 25% respectively.

The options market is currently implying a move of around $3.85 or 7.1% in BURL by this Friday’s close giving us targets of $58.25 and $50.55.

Verifone Sytems Inc. (PAY) is a holding company engaged in secure electronic payment solutions. The stock is currently trading around $38.68 at the upper end of its 52 week range of $28.19-$39.25. The stock has been outperforming the market this year rallying of 3.92% year to date. PAY is scheduled to report earnings after the bell today, and the stock is lower on the session by around $0.20 or 0.51% ahead of the close.

Over the past 12 quarters PAY has rallied on earnings day 6 times with an average move of 10.29%. Over the past 12 quarters PAY has rallied from earnings to the nearest options expiration 7 times with an average move of 14.13%. The stock looks as if it could continue its recent trend and rip to the upside in today’s session despite being down a few cents. Investors are mainly looking to see if the collaboration between Visa and Verifone Systems to streamline the omni-channel commerce worldwide will beat the estimated 42 cents per share expectation. Other investors are looking to see a continued growth in revenue because Verifone Systems is an industry leader in this category.

The options market is currently implying a move of around $2.40 or 6.2% in PAY by this Friday’s close giving us targets of $36.28 and $41.08.

Five Below Inc. (FIVE) is a specialty retailer that sells merchandise mainly to a teen and a pre-teen customer base. The stock is currently trading around $34.47 at the middle of its 52 week range of $28.51-$47.89. The stock has been underperforming the market this year at a rate of 15.55% year to date. FIVE is scheduled to report earnings after the bell today, and the stock is higher on the session by around $0.21 or 0.61% ahead of the close.

Over the past 12 quarters FIVE has rallied on earnings day 6 times with an average move of 9.45%. The stock appears fairly bullish on a chart going into the release having traded above the Ichimoku Cloud for a few days. Over the past 12 quarters FIVE has rallied from earnings to the nearest options expiration 8 times with an average move of 7.17%. The stock looks as if it could continue its trend and rip to the upside in today’s session. Investors are mainly looking to see how the newly opened stores will fare after retail numbers have continued to disappoint month after month.

The options market is currently implying a move of around $3.70 or 10.7% in FIVE by this Friday’s close giving us targets of $38.17 and $30.77.

Ciena Corportation. (CIEN) provides communication networking equipment, software and services to support video and data traffic. The stock is currently trading around $24.66 at the very top of its 52 week range of $13.77-$24.66. The stock has been strongly outperforming the market this year rallying 27% year to date. CIEN is scheduled to report earnings before the bell tomorrow morning, and the stock is higher on the session by around $0.46 or 1.90% ahead of the close.

Over the past 12 quarters CIEN has rallied on earnings day 8 times with an average move of 9.93%. CIEN appears fairly bullish on a chart going into the release having traded above the Ichimoku Cloud for today’s session. Over the past 12 quarters CIEN has rallied from earnings to the nearest options expiration 8 times with an average move of 11.99%. The stock looks as if it could continue its trend of ripping to the upside in today’s session. The Ichimoku Cloud has consistently changed trends, but has been bullish today and shows a growing cloud for today’s trading session. Investors are mainly looking for a higher number of orders from international customers to boost Ciena’s top line. Other points to watch out for is the diversification and expansion of its customer base and addressable market as well as growing demand for cloud-based on-demand networking capabilities and how this will affect revenue.

The options market is currently implying a move of around $1.82 or 7.38% in CIEN by this Friday’s close giving us targets of $22.84 and $26.48.