AI-Powered Market Intelligence — Before the Bell
MAY 20, 2026 — MORNING OUTLOOK
Yesterday's Close
S&P 500
-0.14%
Nasdaq
+0.25%
VIX
18.01
90d: 16.18–35.30
GLD
$410.49
90d: $399.20–$492.15
10Y Yield
4.65%

What to Watch Today

Expect a volatile session as earnings season takes center stage and investors digest a wave of corporate reports.
Market Pulse

Coming off yesterday’s mixed performance – the QQQ edged higher while the SPY dipped slightly – markets are heading into a busy earnings day. Gold is marginally lower, and the 10-Year Treasury yield remains elevated around 4.65%, suggesting continued sensitivity to inflation and economic data. Short-term treasuries are flat, indicating a pause in immediate rate cut speculation.

Sector Spotlight

Technology continues to lead, with momentum carrying over from recent gains (XLK). Energy is also showing strength (XLE) as oil prices stabilize. We’re seeing some weakness in Materials (XLB), Industrials (XLI), and Real Estate (XLRE) – suggesting a rotation out of cyclical and rate-sensitive sectors.

On Our Radar

We're watching ALAB, AVGO, GOOGL, MU, and AMD today, particularly as earnings reports begin to flow. These names represent key segments of the tech landscape and could signal broader market direction.

ALAB AVGO GOOGL MU AMD
Portfolio Snapshot
MTD: +4.47% 24W / 19L
vs S&P 500: +2.50% alpha SPY +1.97%
Swing Trades
CSCO CTRE CVS DVN DXCM ENB HST ON PR SMCI
Income Holdings
MRK PEP PG WMT
Sector ETFs
SMH
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.