Last week we saw a mixed bag of economic data reported.  Although private section jobs increased more than expected, overall unemployment numbers actually increased more than most economists had predicted.  This coming week, although not as eventful as last week, will produce some very important data which could be responsible for moving the markets in one direction or the other in a big way.

On Tuesday the 10th we will get the Wholesale Inventory numbers which the market experts predict will have risen 0.4% over June. On Wednesday, the Trade Balance numbers will be interesting to look at. These are expected to show a rise in exports over imports of about $500 million in June.  On Thursday, the much anticipated, weekly initial claims of unemployment number will be released, and on Friday we will get the CPI numbers as well as US Retail Sales numbers.

Even though most of the larger corporations have reported earnings for the 2nd quarter already, there are still hundreds that have yet to report.  This coming week will feature dozens of companies reporting their earnings including Dish Network, Echostar, Tyson Foods, Steak n’ Shake, and Wellcare Health Plans.  It will be interesting to see if the markets can continue holding strong, or if we are in for some kind of pullback.