Neither the strong GDP number on Friday, nor the rosy outlook from Caterpillar Monday morning could move the market upward Monday. Facebook (FB) hit new post-earnings lows and Netflix (NFLX) fell almost 6% Monday alone. Many analysts are talking about a possible sector rotation out of growth stocks and into value.

Tuesday and Wednesday may provide some clarity when investors react to Apple (AAPL) earnings after the close. Analysts are not expecting any earth-shattering news from Apple. Charter Communications (CHTR) will report Tuesday morning. Analysts are looking for signs that the spoils from their Time Warner Acquisition will begin showing up in the second half of this year.

Wednesday Automatic Data Processing (ADP), the giant payroll processing company, will give the market more color on jobs. The company reports earnings, and the ADP employment report is released at 8:15am. Everyone will be listening for what Elon Musk has to say Wednesday afternoon when Tesla reports. The company was questioned recently for renegotiating contracts with suppliers. Some saw this as a sign the company would not make sales projections.

The economic calendar is packed Tuesday and Wednesday. In addition to the jobs numbers, Tuesday brings Consumer Confidence. Wednesday morning sees the release of two manufacturing index numbers. Wednesday afternoon the FOMC policy statement will be released. Analysts do not expect the Fed to raise rates. But, if the strong GDP number jolts the Fed to take additional action, the market will likely respond negatively.