After the Labor Day holiday, Wall Street will brace for the historically worst trading month. Conflicting data is still weighing down the markets. And Hurricane Gustav could cause a spike in crude oil prices. What do the professional traders of TraderInsight.com think?

Here’s the list of 2 stocks our professional traders will be watching this week:

Dell (DELL), Marvel Technology Group (MRVL)

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Adrian Manz, Stock Day Trader

Lackluster economic numbers, a disappointing report from Dell (DELL) and the high likelihood of Gustav making landfall in New Orleans sent the markets lower again on Friday, with technology and energy taking it on the chin and leading market the way lower. Dell’s 14% drop will have me watching that stock along with other vulnerable technology players, such as Marvel Technology Group (MRVL) on Tuesday. Other than that, I will wait for the markets to settle in and volume to increase prior to looking for direction for the balance of the week.

Tom Incorvia, Stock Swing Trader

The markets put in a mixed effort last week with the S&P 500 and the NASDAQ finishing in the black and the Dow Industrials crossing the line slightly in the red. For all its intensity, last week was a throw away week. Most of the traders were enjoying the beach as witnessed by the anemic volume. Even though this week will be a holiday-shortened week, there will be much more action. Republicans will be enjoying their coming out party and there will be several prominent economic releases on slate.

The main focus will be Friday’s release of the payroll numbers. Consensus has jobs coming in at a decrease of 70,000 jobs, but I am hearing numbers all over the board from 15,000 jobs to 100,000 jobs. Hurricane Gustav may cause a short-term rise in crude prices and filter its way into the equity market. There really isn’t anything on the earnings front that will have a major impact on the direction of the market.

With the broader averages stuck in a holding pattern over the last two months, this week may show us some clues on which way the markets may go. I will be watching for any leadership in the sectors. Technology has shown some slight sponsorship with the institutions over the summer, but I emphasis slight. I will be watching for any sign of life in the Financial Services sector.

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Art Collins, Index Futures Trader

The dollar lost some ground last week and the market moved in tandem somewhat contrary to expectations. It's apparently going to be quite a struggle before the bears finally relinquish their upper hand. At the very least, we might see a significant continued decline at the beginning of the week. Over the long weekend, there is obviously plenty of potential negative fundamental news that can help the scenario along.

Mid-to-late week is harder to gauge. Initial S&P support levels won't be seen until 1269.50 in the September e-minis. The real crucial level will be at 1260.50. Resistance, on the other hand, spans from 1294.00 through 1300.00.

Dave Mecklenburg is the Editor-in-Chief of TigerSharkTrading.com.