Trading Block: A bull rally in the market. A short breakdown of the OIC 2017 Conference in Scottsdale, AZ.

Earnings Highlights:

• Tuesday - Home Depot
• Wednesday - Target
• Thursday - Alibaba, Walmart, Gap

Odd Block: Calls trade in Fairmount Santrol Holdings (FMSA), calls trade in Ocwen Financial Corp (OCN) and calls trade in Home Depot Inc (HD).

Mail Block: Questions, comments, polls and more.

Options Question of the Week: Still a lot of big names reporting in earnings season. Which ones are on your options watchlist this week?

• Walmart, $WMT
• Alibaba, $BABA
• Home Depot, $HD
• Cisco, $CSCO

Listener question:

 

• Question from Abdallah Badwan - Hey I am new to options but I have been studying them for awhile and the only thing I don't understand is how do I know what stocks to choose if I want short term gains. In other words I want to be a short term investor and I want to know how to narrow down the stocks I want to invest in on a daily basis. How do I make a watchlist of stocks that I can invest in on a daily basis for short term gains.

Around the Block/ This Week in the Market:

• May 15: Treasury International, Housing Market Index
• May 16: Housing Starts, Industrial Production
• May 18: Jobless Claims