After a 10.2% Q1 rise, consolidation likely

IF last week was all about whether Wall Street would view the Trump glass as being half-full or empty, this week should be about whether that view, which is that the glass is possibly half-full, will be vindicated.

There is also the matter of "Brexit" to consider. UK Prime Minister Theresa May last week triggered Article 50 of the Treaty of Lisbon which gives any European Union member the right to quit unilaterally, and outlines the procedure for doing so.

However, because there is a two-year window for the withdrawal to be completed, markets will probably not place too much emphasis on it for now, so Brexit will likely fade from sight for the next few months.