This week's data has been a mixed bag, leaving us with a few clues about what to expect in the future. While earnings have been mostly positive, there's still a lot of caution in the air due to the high valuations and the many companies yet to report. Further, on the macro side, the first week of May contains the Fed's decision and comments, ISM manufacturing and services PMIs, and non-farm payrolls. CPI and the Senior Loan Officer Survey will follow the week after. Therefore, there will be a lot for the market to absorb.