Well I recieved two trees today and no way are conditions going to allow me to plant them for two weeks. Can they just be put in a bucket of water until then? Is this TOO much water for the roots?

Kid, definitely not. To keep trees from drying out, placing them into a bucket of warmish water will do fine.
As a matter of fact, such action would be part of the planting of trees with bare roots.
You would be advised to give the roots as much as 24 hours in such warmish water.

As long as you don't expect temperatures that would cause such water to freeze, placing the bucket near your home, out of the wind, will do nicely.
If wind or temps do threaten, then take the tree into your garage and then put it back outside when temps rebound.

There is no need really to wait for the soil to warm up like we would for perennials. As long as you can open the soil sufficient for the roots to be spread out, you can plant your tree.

To maintain the soil's surface temperature after planting and watering the tree well (yes, water it well in the planting hole), you could place some mulch over it....but generally, keep mulch away from the trunk's wood.
Such mulch can be the nest for insects that would like to climb your tree.
Just don't make it too easy for them so draw the mulch outwards a foot or so.

Do not leave the trees in a bucket of water for 2 weeks. You will drown the tree. You can put them in buckets with added soil or mulch to cover the roots, and water the tree to keep it moist for the duration. But be careful not to over water, the roots will need oxygen to survive.

Are these trees in root balls? I think they will be fine right where they are. Just keep them watered, maybe throw some leaves around the root ball to keep them from coming in direct contact with the sun. Also, keep in mind they were probably sitting in a nursery for awhile also.

Tree seedlings are best potted up the first summer and planted in the fall. I have much better success with mail order tree seedlings doing this than planting them in the ground, especially with the hot, dry summer weather we have been having.
Those seedlings do need to be soaked in a bucket of water before planting, but not more than 24 hours.