Friday was a rather impressive session, considering all the anxiety in the middle of the week.

Large-Cap Safety Net

Once again, large-caps rallied when investors began to fret.

The S&P 500 (SPX), when it had to, held at the 50-day moving average, and breadth was encouraging (72% advancers).

And this week, the focus shifts to earnings and perhaps positive headlines on trade and tariffs.

Today’s Session

There are a smattering of trade headlines and the market forecasts to open higher. At this point, it’s essential to remember the bias is still to the upside, as “resolve” continue to be the best way to describe this rally.  Last week, the market threw off two down days with lots of fearful headlines.