NEW YORK (TheStreet) -- If you thought last week was busy, wait for this week to really get underway. Along with 25% of the S&P 500reporting earnings, a slew of economic data will certainly boost the volatility in the markets, according to TheStreet's Lindsey Bell, Andrew Krill and Brittany Umar.
Starting things off on Monday after the close is
. Krill said that 69% of companies have beaten EPS estimates this quarter, but revenue growth continues to be anemic.
Tuesday morning will be quite busy, with
all reporting quarterly results.
The consumer confidence reading, which has been trending higher the past three months, will also be released on Tuesday for the month of July.
will report earnings after the close.
report earnings on Wednesday morning.
Second-quarter GDP data are set to be released at 8:30 a.m. EDT, with estimates only looking for 1% growth. Chicago PMI will be released at 9:45 a.m. EDT and the FOMC statement will be released at 2:00 p.m. EDT.
Proctor & Gamble
will report earnings on Thursday morning, along with
Friday will remain active, with the nonfarm payrolls report being released. Economist are looking for 185,000 jobs to be added to economy for the month of July, with unemployment ticking slightly lower to 7.5%.
-- Written by Bret Kenwell in Petoskey, Mich.
Bret Kenwell currently writes, blogs and also contributes to Robert Weinstein's Weekly Options Newsletter. Focuses on short-to-intermediate-term trading opportunities that can be exposed via options. He prefers to use debit trades on momentum setups and credit trades on support/resistance setups. He also focuses on building long-term wealth by searching for consistent, quality dividend paying companies and long-term growth companies. He considers himself the surfer, not the wave, in relation to the market and himself. He has no allegiance to either the bull side or the bear side.