AI-Powered Market Intelligence — Before the Bell
MAY 18, 2026 — MORNING OUTLOOK
Yesterday's Close
S&P 500
-0.40%
Nasdaq
-1.16%
VIX
19.01
Gold
$417
10Y Yield
4.60%

What to Watch Today

Expect a measured open as investors digest last week's data and position for a busy earnings calendar later this week.
Market Pulse

Coming off yesterday’s mixed session, equity futures are cautiously optimistic as we head into Monday. The QQQ and SPY both closed lower Friday, but the dip was contained, and gold held steady around $417 – suggesting limited risk aversion. Treasury yields are also stable, with the 10-year at 4.60%, providing a neutral backdrop for the open.

Sector Spotlight

Technology continues to show relative strength, with XLK leading gains yesterday. Energy (XLE) also showed bullish momentum, benefitting from stable oil prices. We’re watching to see if this rotation into cyclical sectors continues, while Materials (XLB), Industrials (XLI), and Real Estate (XLRE) lagged and may face further pressure.

On Our Radar

Today we're watching AVGO, MRVL, TXN, GOOGL, and LLY for early trading signals. These names have been active recently and could indicate broader market direction.

AVGO MRVL TXN GOOGL LLY
Portfolio Snapshot
MTD: +2.51% 21W / 19L
vs S&P 500: +0.46% alpha SPY +2.05%
Swing Trades
AMD MU ON PCG RELY SMCI
Income Holdings
MRK PEP PG WMT
Sector ETFs
SMH QQQ
Key Dates

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TradeWise Daily Pulse is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions. Past performance is not indicative of future results.