NEW YORK (TheStreet) -- Over the past few weeks, investor confidence in the United States has been pestered relentlessly by the macroeconomic drama facing regions like the European Union and China. These crises have taken their toll on various corners of the marketplace, but one area that has managed to hold up relatively well throughout these tumultuous weeks has been the consumer.The discretionary corner of the consumer sector has seen particularly impressive action; over the most recent one-month period, the Consumer Discretionary Select Sector SPDR XLY has managed to maintain its footing in positive territory, even as most other SPDR sector funds linked to cyclical market segments have slid to losses. Given this recent show of resilience and the earnings calendar for the week ahead, funds designed to target top U.S. consumer destinations will likely be some of the more interesting products to watch. I encourage investors to wait until the festivities subside; but in the event that the earnings action goes smoothly, some of these products may even prove to be attractive options for those looking for a welcomed respite from the market's global macroeconomic challenges. 4 Stocks That Are Real Sleepers in 2012 >> Consumer ETFs have been forced to prove themselves throughout the opening months of 2012. They have managed to carve out leadership roles in recent weeks, but since the start of the year, the mood toward XLY and the Consumer Staples Select Sector SPDR XLP has been under pressure. Whereas they stood up as beacons of stability during the choppy second half of 2011, a weak spate of economic data seen at the start of the year led some to question whether the ride was over for the consumer. These fears have proven to be short lived, however, and in recent weeks, the data have pointed to signs of strength. As a whole, last week's batch of economic news was lackluster at best. One clear point of optimism, however, came last Monday, when investors learned that retail sales in March jumped 0.8%. In addition to beating analysts' estimates, this marked the second consecutive month of increases. 3 Short-Squeeze Stocks for Earnings Season >> While the data have indicated a turnaround, high energy prices have remained a persistent challenge. Fortunately, even added pressure at the pump has failed to stem consumer buying habits or derail the sector. While worth monitoring, investors looking to the near term should avoid letting fuel prices dissuade them from venturing into this relatively strong market corner. Discretionary-focused funds like XLY and the SPDR S&P Retail ETF XRT may be in store for the strongest upside action, in the event that the clouds looming over the global marketplace clear. Unfortunately, the likelihood of a bump-free ride up is slim. Aggressive investors may want to consider trying their luck here, but those wary of turbulence will likely be better off venturing into the inherently safer staples. The XLP provides investors with one-stop-shop exposure to top staples names. Nevertheless, the fund needs to be approached carefully. Top holdings like Proctor & Gamble PG , Coca-Cola KO and Phillip Morris PM represent the bulk of the fund's portfolio and will therefore direct much of its day-to-day action. Viva Lost Wages: 8 Casino Stocks That Are on a Roll >> In addition, with earnings season now in full force, many of these large positions may see an uptick in volatility. This week, for instance, Proctor & Gamble, PepsiCo PEP and Altria MO need to be monitored closely. Investors will continue to face challenges on the road ahead as major global players combat against looming macroeconomic crises. While nerve-wracking, now is not the time to flee. There is still strength to be found in this market and with patience and a level head, it is possible to overcome these hurdles. Written by Don Dion in Williamstown, Mass.