SPY Trends and Influencers May 9, 2026
The SPDR S&P 500 ETF (SPY) logged a fourth straight all‑time high in early May 2026, extending a six‑week winning streak. Technical gauges show the RSI perched at the overbought edge while the MACD remains firmly positive, reinforcing the bullish trajectory. The rally coincides with a weakening U.S. Dollar Index, low VIX volatility, and steady support in Treasuries, creating a favorable backdrop for equities. Meanwhile, China’s Shanghai Composite and emerging‑market ETFs also breached recent peaks, underscoring broad market momentum.
TMTB EOD Wrap
The QQQ index slipped 12 basis points as high‑beta momentum stocks tumbled 8%, while the broader S&P and Nasdaq fell less than 0.5%. Semiconductor names dropped 3% versus a 3% gain in software, widening the sector spread. Earnings misses from...
Rally Stalls Into Friday Jobs Number
The market rally paused on Friday as traders braced for the upcoming non‑farm payrolls report, with the S&P 500 slipping and every major sector ending in the red. Yields on the 10‑year Treasury rose to 4.39%, pressuring small‑cap stocks like...
The Discounting Mechanism At Work
The newsletter argues that equity markets act as a discounting mechanism, pricing the probability of outcomes before they materialize, as seen in the early rally during the Iran‑U.S. conflict and muted reaction to Fed leadership chatter. It highlights that cloud...
Get Grant's Bull Market Checklist — Free PDF + Daily Market Read (RB)
Quantitative analyst Grant Hawkridge has launched a free daily market briefing called The Daily Number, paired with a Bull Market Checklist PDF. The service sends subscribers a single, data‑driven statistic, a clean chart, and a concise takeaway each trading day,...
TMTB Morning Wrap
ARM reported Q1 revenue of $1.49 billion, missing consensus on both license and royalty lines, sending the stock down 7%. The company disclosed AGI CPU demand now above $2 billion, yet warned that wafer and packaging capacity constraints keep FY27 revenue guidance...
Mid-Week Macro (5/6/2026)
The S&P 500 surged 1.4% to close at 7,365, setting a new all‑time high, while gold jumped $130 to $4,705 per ounce and silver rose $4 to $77 per ounce. Commodity‑focused ETFs mirrored the rally, with the HUI up 55...
Earnings-Led Meltup
Since the S&P 500 hit its March 30 low, the index has surged 16.1% to a fresh record high. Analysts have sharply upgraded earnings‑growth expectations, now forecasting 21.4% growth for 2026 and a long‑term earnings growth (LTEG) of 20.2%, surpassing the 2000...
The Closer – Leaping to New Highs, EIA, Employment – 5/6/26
The S&P 500 surged more than 1% on May 6, 2026, setting a fresh intraday high with the day’s low equal to the opening price. Samsung Electronics broke the $1 trillion market‑cap threshold, and together with SK Hynix now represents roughly...
TMTB EOD Wrap
The semiconductor sector led the market, pushing the QQQ index up 2% as semis rose 4.5%. ARM shares jumped 7% after reporting mixed Q1 results but beating license revenue expectations and unveiling its first data‑center silicon, the Arm AGI CPU,...
Dow Reaches 50,000. There Have Been 4 Closes Above the 50K Level
The Dow Jones Industrial Average broke the 50,000 psychological barrier, closing above it for four consecutive days in early February before a sharp correction pulled it down nearly 10% to a March low of 45,166.64. Over the next 27 trading...
NASDAQ Index Traded to a New Session High. S&P and Dow Now up over 1%
The Nasdaq surged 1.58% to 25,726, hitting an intraday high of 25,741.14, while the S&P 500 rose 1.10% and the Dow gained about 1.02% near the 49,800 level. Large‑cap technology and growth stocks led the rally, with AMD and Super...
Where Is Money Flowing Today?
The latest Finviz treemap shows capital flowing into AI chip makers and renewable‑energy firms, while rate‑sensitive financials and consumer discretionary lag. Double‑digit percentage gains dominate the technology sector, reflecting strong earnings and continued hype around generative AI. Energy stocks benefit...
Momentum Factor Roars As War Fears Fade On Wall Street
Momentum‑focused ETFs have outperformed the broader market since the Middle East conflict began on Feb. 28, with the iShares MSCI USA Momentum Factor ETF (MTUM) climbing over 14% versus the S&P 500’s 5.3% gain. High‑beta (SPHB) and micro‑cap (IWC) funds also posted...
10 Stocks Turning Heads With Double-Digit Gains
Ten mid‑cap stocks with market caps above $2 billion posted double‑digit gains on Tuesday, lifting the Nasdaq, S&P 500 and Dow into positive territory. Life Time Group jumped 11.8% to $29.38 after reporting Q1 net income of $88 million and raising its 2026...
5 Stocks Turning Heads With Double-Digit Gains
Cytokinetics Inc. (NASDAQ: CYTK) surged 16.71% on Tuesday, closing at $77.09 and setting a new 52‑week high after a strong first‑quarter earnings release. The biotech reported Q1 revenue of $19.3 million, a 1,121% year‑over‑year jump, driven primarily by sales of its...
The Great Rotation Is Here — And FMKT Is Built for It
The 10‑year/2‑year Treasury yield spread turned positive at +0.50% in April 2026, ending the deepest inversion since the 1980s. ISM Manufacturing PMI rose to 52.7 in March, confirming a return to expansion, while the S&P 500 slipped over 5% in...
TMTB EOD Wrap
US equity markets closed higher on Thursday, with the QQQ index up 1.3% as AI‑focused semiconductor stocks led gains while internet and software lagged. Semiconductors such as AVGO, LITE, AMD and memory makers posted double‑digit advances, and AMD’s earnings beat...
The Closer – Breadth Disconnect, AI Earnings, Prices Rising – 5/5/26
The S&P 500 closed in overbought territory on Monday while its 10‑day advance‑decline line was oversold, a breadth disconnect that has occurred only 33 times since 1990. For the first time since July 2022, more than half of ISM Services PMI respondents...
TMTB Morning Wrap
Palantir (PLTR) delivered an 85% YoY revenue surge in Q1, beating estimates and raising its FY26 revenue outlook to $7.66 B. The company highlighted explosive US government and commercial growth, though commercial revenue missed the street by $10 M after a re‑classification....
The Market Brief
U.S. equity futures rose Tuesday while oil prices slipped, reflecting a tentative rebound amid heightened Middle‑East tensions. Institutional investors are rotating out of mega‑caps into small‑caps, which now trade at their widest valuation discount in two decades. Systematic long/short managers...
The Great Divergence
U.S. equity indexes posted a fifth consecutive week of gains, delivering their strongest monthly performance since 2020, even as inflation, interest rates and non‑AI business activity deteriorate. The market’s rally is increasingly divorced from high‑frequency economic data, reflecting investor optimism...
What War? Record Highs…
The S&P 500 surged to fresh record highs last week despite a neutral Fed decision, a wave of mega‑cap earnings, and lingering Iran‑related geopolitical tension. Market participants treated the FOMC as a non‑event and rewarded earnings leaders such as Microsoft,...
Quiet Indices, Roaring Stocks: The Volatility Dispersion Trade
Robust earnings from the Magnificent Seven and semiconductor leaders have propelled the S&P 500 and Nasdaq to fresh highs while index implied volatility fell to a three‑month low. In contrast, single‑stock volatility remains elevated, creating a pronounced dispersion between index and...
THE MOST CONCENTRATED MARKET IN HISTORY: A.I. at 45% of the S&P 500, the $1.4T Debt Trap & Why Gold...
Goldman Sachs data shows AI‑related equities now represent 45% of the S&P 500’s market capitalization, a 20‑point jump since ChatGPT’s launch and surpassing the tech sector’s 35% peak during the dot‑com bubble. Simultaneously, AI‑linked investment‑grade debt has ballooned to $1.4 trillion, accounting...
Tech Stocks Surge as Healthcare Faces Setbacks
Technology stocks led the market higher, with Oracle surging 5.05% and Microsoft gaining 1.38%, while the broader tech sector benefited from strong demand for cloud and AI services. In contrast, the healthcare index fell as Amgen dropped 4.81%, though Eli Lilly...
Rule Change so SpaceX Should Join Sp500 6 Months After IPO
The S&P Dow Jones Indices has proposed rule changes that would let megacap firms such as SpaceX qualify for index inclusion after just six months of public trading, cutting the current twelve‑month waiting period. The proposal also removes the 10 %...
TMTB Morning Wrap
Futures in the S&P 500 edged up 15 basis points after a wave of strong earnings from internet and software companies. Twilio (TWLO), Atlassian (TEAM), Riot Platforms (RDDT) and Roku (ROKU) all posted beats, while Roblox (RBLX) lagged and Apple...
The Roaring 2020s Express Train
U.S. equities are climbing to fresh highs as corporate earnings keep pace with a surprisingly resilient economy. In Q1, real GDP expanded at a 2.0% annualized rate, with private sales up 2.5% and business investment surging on AI‑related equipment spending....
10 Stocks Delivering Eye-Popping Gains
A dozen large‑cap stocks posted double‑digit gains on Thursday, echoing a broader Wall Street rally driven by robust earnings reports. The Dow and S&P 500 each rose over 1%, while the Nasdaq added 0.89%. Companies such as Magnum Ice Cream...
5 Stocks Delivering Eye-Popping Gains
Lightwave Logic Inc. (LWLG) surged 16.67% on Thursday, closing at $13.72 as AI‑driven growth sentiment lifted high‑performance chip makers. The jump mirrored broader market gains, with the Dow and S&P 500 up over 1% and the Nasdaq up 0.89%. Lightwave announced...
TMTB Morning Wrap; Google, Amazon, MSFT, META KLAC EQIX & More Earnings Roundups
The earnings season highlighted AI and compute as the dominant theme, with Google delivering the cleanest results—search up 19% and cloud revenue soaring 63%—while raising FY26 capex to $180‑190 billion and hinting at a steep FY27 increase. Amazon posted solid growth,...
Oil to $108, Yields Higher, Stocks Slightly Lower After Hours on Mag7 Earnings
Oil prices rose toward $108 a barrel as geopolitical tensions in the Strait of Hormuz and broader Iran‑related risks lingered, pushing the commodity near the upper end of its conflict‑driven range. The spike lifted the benchmark 10‑year Treasury yield to...
TMTB: GOOGL AMZN META MSFT First Takes
Alphabet posted a robust Q1 2026, delivering $109.9 billion in revenue—up 22% year‑over‑year—and an EPS of $5.11, an 82% jump that beat Street forecasts. Google Search grew 19% versus an 18% consensus, while YouTube ads rose 11% but lagged expectations. Google...
TMTB Morning Wrap
Seagate Technology (STX) posted a blockbuster Q3, with revenue up 44% year‑over‑year to $3.11 billion and non‑GAAP EPS of $4.10, far exceeding Street estimates. The company raised its full‑year outlook, guiding Q4 revenue of $3.45 billion and EPS of $5.00, implying a...
TMTB EOD Wrap: Spotify (SPOT) Thoughts, STX NXPI BE BKNG First Takes
The TMTB EOD wrap highlighted a mixed day for technology stocks as the QQQ index fell 1% and the broader semiconductor sector slipped 3.5% after a long rally. Despite the sector weakness, STMicroelectronics (STX) surged 18%, NXP Semiconductors (NXPI) rose...
InvestingLive Americas Market News: UAE Leaves OPEC, Trump Says Iran Wants to Open Strait
The United Arab Emirates announced its departure from OPEC and OPEC+, cutting its production quota by roughly 300,000 barrels per day. President Trump said Iran has signaled a willingness to reopen the Strait of Hormuz, a claim echoed by U.S....
FOMC LIVE Reg | April 2026
On April 29, 2026, Stock Market TV will host a free live trading webcast at 3 PM ET, covering the day’s heavy earnings calendar and Federal Reserve news. The session will dissect earnings from Microsoft, Alphabet, Meta and Amazon, which together represent a sizable...
ADG 4/28: Retire Fire
Average daily trading in the SPDR S&P 500 ETF fell to 64.8 million shares, well below its 52‑week average, signaling muted participation in the current market rally. RE/MAX Holdings surged more than 20% on Friday and is being acquired by Real...
Where Is Money Flowing Today?
Today's Finviz heatmap shows capital gravitating toward AI and semiconductor firms, with Nvidia and AMD posting double‑digit gains. Renewable energy names such as NextEra Energy and Enphase Energy also attracted inflows, reflecting continued policy support. In contrast, traditional defensive utilities...
Spotify Q1 Users, Revenue Grow, Stock Falls on Weak Forecast
Spotify reported a 14% year‑over‑year revenue rise to $5.27 billion and added 3 million paid subscribers, bringing the total to 293 million. Monthly active users climbed 10 million to 761 million, and operating income hit $836.55 million, surpassing earnings‑per‑share expectations. However, the company forecast Q2 operating...
TMTB EOD Wrap
The Nasdaq‑100 (QQQ) edged higher as oil rose and yields ticked up, while semiconductor stocks saw mixed moves. Nvidia (NVDA) jumped 4% after renewed optimism around OpenAI’s ChatGPT 5.5 and news that TSMC’s 3nm capacity is higher than expected. In...
Where Is Money Flowing Today?
The article showcases a Finviz‑sourced treemap that visualizes today’s stock market capital flows, using rectangle size for market capitalization and green‑red shading for performance. Large‑cap technology names dominate the visual, while energy stocks display solid gains and defensive sectors appear...
Risk-On Continues In Equities, But Some Early Signs Of Risk-Off Concurrently Show Up
U.S. equity markets extended their risk‑on rally last week, with the S&P 500 climbing 0.6% to 7,165 and the Nasdaq 100 jumping 2.4% to 27,304. Small‑cap Russell 2000 posted a modest 0.4% gain to 2,787 but closed as a weekly spinning top, hinting...
Beyond the Highs, and the Hype
U.S. equities posted a fourth consecutive week of gains, pushing the S&P 500, Nasdaq and Russell 2000 to fresh all‑time highs, largely on strong earnings and President Trump’s optimistic comments about the Iran conflict. The White House claimed Iran sought...
Indicator of the Day (Video): S&P 500 Advances
Hedge Fund Tips released its daily "Indicator of the Day" video focusing on S&P 500 Advances. The accompanying chart tracks the Advancing/Declining Index (ADVSPX) alongside the S&P 500 from April 2024 through April 2026, showing a clear upward trajectory in market breadth. Rising ADVSPX...
INFORMATION TECHNOLOGY: Creative Destruction On Speed
On Dec 7, 2025 we reduced the S&P 500 Information Technology and Communication Services sectors from overweight to market weight, noting they now comprise 45% of the index’s market cap and rising uncertainty over AI investment returns. Since then, hyperscalers have demonstrated profitable...
SPY Trends and Influencers April 25, 2026
The SPDR S&P 500 ETF (SPY) posted a series of new all‑time highs through the week ending April 24, 2026, buoyed by bullish technical signals and a calm volatility environment. Daily charts show SPY riding Bollinger Bands higher, with RSI flirting with...
Investing Update: Why Is the Market Ripping?
The S&P 500 closed at 7,165, marking a fourth straight weekly gain—the first such streak since October 2024. The Nasdaq surged 1.5% to a record 24,837, delivering a 16% rally in just 16 trading days, while the broader tech sector climbed 20%...
Friday Recap (4/24/2026)
The S&P 500 closed the week at a fresh all‑time high of 7,165, driven by bullish sentiment that the Iran conflict may be winding down. Gold, however, remains 19% below its own record, hovering around $4,708 after a six‑week correction...