As earnings season gets started, traders will be keeping an eye on financials, as several of the largest banks release second-quarter earnings.
JPMorgan and Wells Fargo are set to report earnings Tuesday, followed by Bank of America on Wednesday and Citigroup and Goldman Sachs on Thursday. Reports from regional banks US Bancorp, PNC Financial and SunTrust are also on tap.
According to Curtis Holden, senior investment officer at Tanglewood Wealth Management, the results could be rough.
'We're not looking for real great news out of the banks, with all the disruptions that you've seen in the international markets in recent months. We think there's going to be a lot of pressure there," Holden said Friday on CNBC's "Power Lunch."