Saturday, May 23, 2026

Today's Headlines

Around X:

  • @Zerohedge 
  • @BarronsOnline
  • Had bullish commentary on (STLA) and (CRS).
  • @IGSquawk 
  • @sentdenfender
  • @LeadingReport
  • @MJTruthUltra
  • @ShadowofEzra
  • @nicksortor
  • @Rasmussen_Poll
  • NEW: Our reporting on electronic voting system election fraud has surfaced multiple intel operative claims that CIA uses the Venezuelan technology to regularly steal elections. A lot of elections. Thus their resistance to exposure by @DNIGabbard.
  • @DC_Draino
  • @WallStreetApes
  • It’s sad to see Tulsi Gabbard having to resign to care for her husband. Let’s not forget, It has now been 303 days since National Security Director Tulsi Gabbard referred Barack Obama to the DOJ for criminal prosecution. 303 days and the DOJ refuses to bring a single indictment. The charges she recommended are for Treasonous Conspiracy, Manufacturing and Politicizing Intelligence and Withholding and Leaking Classified Information. Tulsi Gabbard provided proof that Barack Obama orchestrated the Russia Collusion hoax and worked with the CIA to manufacture fake evidence. (video)
  • WOW!! Rep Tim Burchett says Republicans won’t pass an Amendment if even one Democrat disagrees. READ THAT AGAIN. It’s a Uniparty, we are being sold out again. “It’s just unbelievable”. “Just left the committee, had some amendments that were cutting regulation, things that we should as Republicans do. Because of backroom deals, they cut. They won't allow any amendments on the bill because one Democrat didn't agree to it — we allow the Democrats to tell us what to do. It's just unbelievable.” “So here we are in the majority and we're not allowed to do that….And I'll guarantee you, when the Democrats are in the majority, which they very much will”. This is the same old story. Republicans aren’t weak, spineless or incompetent. They are in on it. There’s a big difference, it’s corruption. Democrats are going to take back majority and we will never have another chance like this again…. These people don’t work for us. (video)
  • @CarolineWren
  • @BennyJohnson
  • @TonySeruga
  • @NicHulscher
  • @itsolelehmann
  • @ReturnOfKappy
  • @HustleBitch
  • @FoxNews
  • @BullTheoryio
  • @KimKatieUSA
  • @EricLDaugh
  • @FirstSquawk
OpenVAERS:  
SKirsch.com:

Friday, May 22, 2026

Weekly Scoreboard*


S&P 500 7,480.8 +1.1%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

  • DJIA 50,633.1 +2.3%
  • NASDAQ 26,341.1 +.6%
  • Russell 2000 2,868.5 +2.9%
  • NYSE FANG+ 17,261.6 +.4%
  • Goldman 50 Most Shorted 301.8 +3.8%
  • Vaneck Social Sentiment 37.8 +3.5%
  • Wilshire 5000 73,810.0 +1.2%
  • Russell 1000 Growth 5,034.3 +.6%
  • Russell 1000 Value 2,324.7 +2.0%
  • S&P 500 Consumer Staples 952.4 -.9%
  • Bloomberg Cyclicals/Defensives Index(Ex Telecom) 256.8 -.5%
  • NYSE Technology 8,197.2 +4.2%
  • Transports 20,791.8 +3.4%
  • Utilities 1,131.8 +3.6%
  • MSCI Europe Banks 118.16 +2.2%
  • MSCI Emerging Markets 66.1 +1.5%
  • Credit Suisse AllHedge Long/Short Equity Index 260.7 +1.2%
  • Credit Suisse AllHedge Equity Market Neutral Index 134.0 -.2%
Sentiment/Internals
  • NYSE Cumulative A/D Line 613,245 -.2%
  • Nasdaq/NYSE Volume Ratio 14.9 +8.9%
  • Bloomberg New Highs-Lows Index 358 -800
  • Crude Oil Commercial Bullish % Net Position -17.0 +6.1%
  • CFTC Oil Net Speculative Position 169,877 -5.0%
  • CFTC Oil Total Open Interest 2,081,927 +.7%
  • Total Put/Call .80 -12.1%
  • OEX Put/Call .47 +55.9%
  • ISE Sentiment 179.0 +3.5%
  • NYSE Arms 1.12 +56.3%
  • Bloomberg Global Risk-On/Risk-Off Index 125.0 +1.5%
  • Bloomberg US Financial Conditions Index 1.05 -1.0 basis point
  • Bloomberg European Financial Conditions Index 1.35 +12.0 basis points
  • Volatility(VIX) 16.6 -9.8%
  • S&P 500 Intraday % Swing .48 -37.5%
  • CBOE S&P 500 3M Implied Correlation Index 11.9 -4.9%
  • G7 Currency Volatility (VXY) 6.63 -1.8%
  • Emerging Markets Currency Volatility (EM-VXY) 7.2 -.8%
  • Smart Money Flow Index 20,526.40 +1.3%
  • NAAIM Exposure Index  82.0 +4.7
  • ICI Money Mkt Mutual Fund Assets $7.771 Trillion +.2%
  • ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows +$10.863 Million
  • AAII % Bulls 31.7 -19.3%
  • AAII % Bears 43.6 +19.1%
  • CNN Fear & Greed Index 61.0 (GREED) -3.0
Futures Spot Prices
  • CRB Index 392.4 -2.0%
  • Crude Oil 96.33/bbl. -8.6%
  • Reformulated Gasoline 344.2 -7.0%
  • Natural Gas 2.91 -2.1%
  • US Power PJM Western Hub Peak Forward Y1 72.8 USD/Megawatt -4.7% 
  • Dutch TTF Nat Gas(European benchmark) 48.5 euros/megawatt-hour -1.9%
  • Heating Oil 389.0 -3.5% 
  • Newcastle Coal 136.3 (1,000/metric ton) -.2%
  • Gold 4,515.5 -.5%
  • Silver 75.95 -.03%
  • Bloomberg Industrial Metals Index 185.2 +1.7%
  • Copper 639.7 +1.8%
  • US No. 1 Heavy Melt Scrap Steel 415.0 USD/Metric Tonne +.5%
  • China Iron Ore Spot 106.0 USD/Metric Tonne -2.0%
  • China Battery Grade Lithium Carbonate 28,400.0 USD/metric tonne n/a
  • inSpectrum Tech Inc. DRAM Spot DDR4 16Gb 2048Mx8 57.0 +.7%  
  • CME Lumber 585.5 -.6%
  • UBS-Bloomberg Agriculture 1,405.3 -.03%
  • US Gulf NOLA Potash Spot 340.0 USD/Short Ton -.7%
  • US Gulf NOLA Urea Granular Spot 567.0 USD/Short Ton +.4% 
Economy
  • Atlanta Fed GDPNow Q2 Forecast +4.3% +.3 percentage point
  • US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 12.5 -.4 percentage point
  • NY Fed Real-Time Weekly Economic Index 3.0 +9.5%
  • Caldara Iacoviello Geopolitical Risk Index 210.6 -12.6% 
  • Global Monitor Iran Instability Index 86.0 -14.0
  • Strait of Hormuz Oil Tanker Traffic Curtailed 97.0% +2.0 percentage points
  • US Economic Policy Uncertainty Index 221.0 +45.7%
  • Bloomberg Global Trade Policy Uncertainty Index .6 -.1
  • DOGE Total Taxpayer Dollars Saved $215.0 Billion($1,335.40 Savings Per Taxpayer) unch.
  • S&P 500 Current Quarter EPS Growth Rate YoY(472 of 500 reporting) +27.5% +2.4 percentage points
  • S&P 500 Blended Forward 12 Months Mean EPS Estimate 358.20 +3.73:  Growth Rate +22.1% -5.8 percentage points, P/E 20.8 -.4
  • S&P 500 Current Year Estimated Profit Margin 15.43% +6.0 basis points
  • NYSE FANG+ Current Quarter EPS Growth Rate YoY(9 of 10 reporting) +67.2% +5.1 percentage points
  • NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 874.80 +14.91: Growth Rate +121.% +3.8 percentage points, P/E 19.8 -.8
  • Citi US Economic Surprise Index 45.0 unch.
  • Citi Eurozone Economic Surprise Index -78.8 -25.5 points
  • Citi Emerging Markets Economic Surprise Index 34.8 -7.2 points
  • Fed Fund Futures imply 0.0%(-1.3 percentage points) chance of -25.0 basis point cut to 3.25-3.5%, 96.6%(-2.1 percentage points) chance of no change, 3.4%(+3.4 percentage points) chance of +25.0 basis point hike to 3.75-4.0% on 6/17
  • US Dollar Index 99.25 -.03%
  • MSCI Emerging Markets Currency Index 1,863.4 +.02%
  • Bitcoin/USD 76,071.2 -1.8%
  • Euro/Yen Carry Return Index 210.9 +.2%
  • Swiss Franc/Offshore Chinese Renminbi Cross 8.67 +.1%
  • Yield Curve(2s/10s) 43.5 -8.0 basis points
  • 10-Year US Treasury Yield 4.56% -3.0 basis points
  • Japan 30-Year Yield 4.03% -1.0 basis point
  • Federal Reserve's Balance Sheet $6.666 Trillion -.2%
  • Federal Reserve's Discount Window Usage $5.959 Billion +1.4%
  • U.S. Sovereign Debt Credit Default Swap 42.0 +.7%
  • Illinois Municipal Debt Credit Default Swap 186.8 -1.9%
  • Italian/German 10Y Yld Spread 73.0 -5.0 basis points
  • UK Sovereign Debt Credit Default Swap 19.5 -.2%
  • China Sovereign Debt Credit Default Swap 40.0 -5.7%
  • Brazil Sovereign Debt Credit Default Swap 126.7 -2.2%
  • Israel Sovereign Debt Credit Default Swap 60.3 -6.0%
  • Dubai Sovereign Debt Credit Default Swap 80.6 -.4%
  • South Korea Sovereign Debt Credit Default Swap 22.3 -7.6%
  • China Corp. High-Yield Bond USD ETF(KHYB) 24.17 -.1%
  • China High-Yield Real Estate Total Return Index 115.3 -.4%
  • Atlanta Fed Low Skill Wage Growth Tracker YoY +3.6% unch.
  • Zillow US All Homes Rent Index YoY +1.7% unch.
  • US Urban Consumers Food CPI YoY +3.2% unch.
  • CPI Core Services Ex-Shelter YoY +3.2% unch.
  • Cleveland Fed Inflation Nowcast Core PCE YoY +3.31% unch.: CPI YoY +4.18% unch.
  • 1-Year TIPS Spread 2.73 -42.0 basis points
  • 10-Year TIPS Spread 2.41 -10.0 basis points
  • Treasury Repo 3M T-Bill Spread 15.2 +3.25 basis points
  • 2-Year SOFR Swap Spread -14.75 +1.0 basis point
  • 3-Month EUR/USD Cross-Currency Basis Swap -1.25 unch.
  • N. America Investment Grade Credit Default Swap Index 52.3 -3.2% 
  • BofA Private Credit Proxy Index 70.9 -2.9%
  • America Energy Sector High-Yield Credit Default Swap Index 105.0 -1.4%
  • High-Yield Tech Sector OAS Index 441.0 -4.1% 
  • Bloomberg TRACE # Distressed Bonds Traded 242.0 +3.0
  • European Financial Sector Credit Default Swap Index 57.7 -5.5%
  • Emerging Markets Credit Default Swap Index 157.5 -1.4%
  • MBS 5/10 Treasury Spread 115.0 +1.0 basis point
  • Bloomberg CMBS Investment Grade Bbb Average OAS 545.0 -7.0 basis points
  • Avg. Auto ABS OAS .48 -1.0 basis point
  • M2 Money Supply YoY % Change +4.6% unch.
  • Commercial Paper Outstanding $1,431.4B -.3%
  • 4-Week Moving Average of Jobless Claims 202,500 -.7%
  • Continuing Claims Unemployment Rate 1.2% unch.
  • Kastle Back-to-Work Barometer(entries in secured buildings) 55.0 +.7%
  • Average 30-Year Fixed Home Mortgage Rate 6.46% unch.
  • Weekly Mortgage Applications 283,500 -2.3%
  • Weekly Retail Sales +8.9% -70.0 basis points
  • OpenTable US Seated Diners % Change YoY +13.0% unch.
  • Box Office Weekly Gross $216.2M -6.2%
  • Nationwide Gas $4.55/gallon +.02/gallon
  • Baltic Dry Index 2,964.0 -5.9%
  • Drewry World Container Freight Index $2,711.8/40 ft Box +6.2%
  • China (Export) Containerized Freight Index 1,317.4 +2.9%
  • Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 225.0 -10.0%
  • Truckstop.com Market Demand Index 168.3 +31.0%
  • Rail Freight Carloads 280,719 -1.2%
  • TSA Total Traveler Throughput 2,955,843 +30.7% 
  • US Morning Consult Daily Consume Sentiment Index 87.6 -1.4 points
  • Rasmussen Reports Daily Presidential Approval Tacking Poll 43.0% +1.0 percentage point
Best Performing Style
  • Small-Cap Growth +2.9%
Worst Performing Style
  • Large-Cap Growth +.6%
Leading Sectors
  • Computer Services +16.1%
  • Airlines +12.4%
  • Computer Hardware +10.4%
  • Cyber Security +6.4%
  • Semis +5.9%
Lagging Sectors
  • Agriculture -1.0%
  • Construction -1.1%
  • I-Banking -1.3%
  • Gold & Silver -1.4%
  • Social Media -2.5%
Weekly High-Volume Stock Gainers (88)
  • HLIT, RGTI, NVTS, CRNC, BELL, LPTH, IMAX, HPQ, SHAZ, VSH, RDW, QBTS, LION, QCOM, NTAP, INFQ, CRDO, UMAC, UTI, FLY, ZM, EL, QUBT, AEVA, P, HPE, NOK, PENG, ATKR, VOYG, LUNR, NUCL, FLNC, DUOT, F, PRIM, TTMI, GNRC, VELO, OSS, SYM, AOSL, VPG, RKLB, IONQ, SATL, ASTS, ROST, HIMX, NNE, OSIS, QRVO, SPOT, ASYS, GFS, LOGI, JOBY, AMBQ, USAR, MRK, VST, BWA, TX, WDAY, APH, NAVN, MP, MITK, DIOD, VSAT, OUST, DMRC, MDA, DXYZ, CLFD, RYAAY, GHRS, SUPX, BETA, BIRK, XNDU, MT, GHRS, WOLF and AAL
Weekly High-Volume Stock Losers (18)
  • TDS, MAIN, BEKE, PDD, PPTA, TCOM, RDDT, BRUN, TTWO, ATAT, HSHP, QFIN, GSL, BJ, GKOS, STRO, CAE and FUTU
ETFs
Stocks
*5-Day Change



Stocks Rising into Afternoon on Mideast War Resolution Hopes, AI Infrastructure Build-Out Optimism, Short-Covering, Tech/Alt Energy Sector Strength

Overseas Futures:

  • Nikkei 225 Futures: Indicating +300 open in Japan 
  • China A50 Futures: Indicating -107 open in China
  • DAX Futures: Indicating +9 open in Germany
Portfolio:
  • Higher: On gains in my biotech/consumer discretionary/industrial/tech sector longs
  • Disclosed Trades: None
  • Market Exposure: 100% Net Long