Pro Shrt S&P 500

US stock futures fell collectively at the end of the trading day

S&amp;P 500 Closes Below 200-Day Moving Average for First Time Since May 9

Speculators Increase Net Short Positions in S&P 500 Index

InMed Pharmaceuticals

AMPLITECH GROUP INC. USD0.001 S/R 20/11/26 SER B

Amesite

CN Energy

AMPLITECH GROUP INC. COM USD0.001 (S/R 18/07/2026)

NextNRG

Meiwu Tech

Generation Income Properties

MetaVia

OceanPal

.NDX

SPXU

The stock market is down as the S&P 500 and Nasdaq 100 turn negative due to rising interest rates. The 10-year Treasury yield is at 4.60%, its highest since January 2025, impacting equity valuations. Higher yields could increase U.S. government debt payments by $1.5 trillion over the next decade. Morgan Stanley warns of a potential market correction if rates stay high, with ongoing bond volatility linked to geopolitical tensions.

- The S&P 500 and Nasdaq 100 have moved into negative territory as rising Treasury yields are impacting investor sentiment.  
- The 10-year Treasury yield has reached 4.60%, while the 30-year yield is at a 19-year high, which increases the attractiveness of bonds over stocks and may raise U.S. debt costs significantly.  
- Morgan Stanley cautions that if elevated rates persist, a meaningful correction in the stock market is likely, particularly amid ongoing bond volatility.

Tip Ranks

Morgan Stanley

NASDAQ-100

ISHRS Us Brokers & Sec Exchg

ProShares Shrt QQQ

Proshares UltraPro QQQ

SPDR S&P 500

Proshares UltraPro Short QQQ ETF

Invesco Nasdaq 100 ETF

Proshares Ultrashort S&P500 ETF

Pro UltrPro Shrt S&Pro 500

Pro Ultrshort Qqq

VG S&P 500

Invesco QQQ Trust

iShares Core S&P 500

Fidelity Nasdaq Composite Index ETF

S&P 500

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

Why Is the Stock Market Down Today, 5/18/26?

.SPX

SPXS

UPRO

SPXL

Morgan Stanley warns of a potential 'meaningful correction' in the stock market due to a bond selloff, with the S&P 500 down 1% since its recent high. The 10-year Treasury yield has reached 4.58%, the highest since February 2025. Analysts expect equity prices to correct if rates continue to rise, influenced by the U.S.-Iran war and rising oil prices. Despite this, Morgan Stanley maintains a bullish long-term outlook, raising its 12-month S&P 500 target to 8,300.

- The S&P 500 has decreased by 1% since reaching a new record high, influenced by rising bond yields, with the 10-year Treasury yield at 4.58%.  
- Analysts from Morgan Stanley warn that if rates continue to rise, a significant correction in equity prices might occur, particularly due to the U.S.-Iran war's impact on oil and inflation risks.  
- Despite short-term concerns, Morgan Stanley maintains a bullish long-term outlook, raising its 12-month price target for the S&P 500 to 8,300 and its 2026 year-end price target to 8,000.

SPDR O&G Equip

Direxion S&P 500 Bear 3X

iShares Barclays 1-3 Yr Treasury

ISHRS Us Trsry Bd

iShares 7-10 Year Treasury Bond ETF

ISHRS S&P Glb Engy

iShares US Oil Equip & Svcs

Ultr S&P 500 Pro

United States Oil Fund LP

Pro UltrPro S&Pro 500

Vanguard Total Bond Market ETF

VG Energy

SPDR O&G Ex & Prd

iShares barclays 20+ Yr Treasury Bd

Direxion S&P 500 Bull 3X

Us Brent Oil

iShares Barclays Short Treasury

iShares Core US Aggregate Bd

VanEck Oil Refiners ETF

iShares US Oil & Gas Expl & Prod

VanEck Oil Services ETF

SPDR Energy Select

Pro Ultr Bloomberg Crude Oil

Stock Market Faces 'Meaningful Correction' Risk from Bond Selloff, Warns Morgan Stanley

AVLV

IUSG

RBC forecasts the S&P 500 index to reach 7,900 points in 12 months, suggesting a 7.7% upside. The bank warns of potential market pullbacks of 5% to 10%, but a significant decline of 14% to 20% is unlikely unless recession risks emerge. This outlook is based on AI-driven earnings growth, with risks from inflation, interest rates, and geopolitical factors. RBC remains optimistic about the U.S. stock market and growth stocks.

CoinLive

Avantis US Large Cap Value ETF

ISHRS Russ 1000 Growth

SPDR S&P 600 S-Cp Val

VG Mga Cap 300 Grw

VG S-Cp Grw

VG Mid-Cap Val

iShares Core S&P US Growth

VG Value

ISHRS Russ 2000 Val

VG Growth

Avantis U.S. Small Cap Value

Schw Us L-Cp Grw

ROYAL BANK OF CANADA

STOCKS | RBC Forecasts S&P 500 to Reach 7,900 Points in 12 Months

A technical signal in the S&P 500 indicates a potential pullback, with the SPDR S&P 500 ETF Trust (SPY) showing an overbought RSI of 78. Historically, such conditions have led to declines of at least 7% in most cases. Market internals are weakening, particularly in the semiconductor sector, and rising Treasury yields may pose further risks. The S&P 500's tech sector weighting has reached a record high, raising concerns about market sustainability.

- A technical signal in the S&P 500 indicates a potential for a significant pullback, as the SPDR S&P 500 ETF Trust reached an overbought RSI of 78, leading to a 1.2% drop the following day.  
- Historical analysis shows that after similar RSI readings, SPY typically experienced declines of at least 7% in the weeks that followed, with market internals showing deterioration and a notable drop in the semiconductor sector.  
- Additionally, there is a concerning divergence in index breadth and rising Treasury yields, suggesting potential headwinds for the tech sector, which has reached a record weighting in the S&P 500.

Investing

VanEck Semiconductor ETF

History suggests S&P 500 drops at least 7% when this happens

SPDN

Kevin Warsh, the new Federal Reserve chairman, faces challenges in implementing his monetary policy goals due to rising inflation and geopolitical unrest. While the bull market remains strong, Warsh's plans to reduce the Fed's balance sheet could lead to higher long-term interest rates, impacting stock valuations. The current S&P 500 P/E ratio is above historical averages, and uncertainty in Fed policy may increase as Warsh navigates dissent within the FOMC regarding interest rates.

Direxion S&P 500 Bear 1X

President Trump threw a wrench in Kevin Warsh's plans as Federal Reserve chairman, and it could be the undoing of the current bull market

Today's market downturn was influenced more by Japan and the U.K. than by Powell's departure from the Fed. Treasury yields surged in response to the Fed's changing stance, contributing to a drop in the S&P 500 index. These factors were key drivers behind the sell-off in the current market scenario.

Unusual Whales

Treasury Yields Jump Amid Fed Shift. Blame These Culprits As S&P 500 Falls.

Cramer warns that the current market is riskier than in 1999, citing concentrated gains in AI stocks and significant sell-offs in other sectors. The S&P 500's CAPE ratio is around 40, indicating potential for major declines. Additionally, inflation is expected to reach 6% in Q2 due to oil supply shocks, with technical indicators suggesting an overstretched market.

- Cramer warns that the current market is more perilous than in 1999, citing concentrated gains in AI stocks coupled with sell-offs in other sectors.  
- The S&P 500's CAPE ratio is at approximately 40, significantly higher than its historical average, indicating potential for major declines.  
- Additionally, inflation is expected to rise to 6% in Q2 due to oil supply shocks, with technical indicators suggesting that markets are currently overstretched.

Cramer warns AI-driven rally poses greater risk than 1999

S&P 500 earnings exceeded forecasts, with seven of nine major firms surpassing EPS estimates and strong revenue growth across various sectors. However, the Buffett indicator has reached record levels, indicating potential overvaluation. Investors are at a crossroads, balancing positive earnings against macroeconomic risks such as geopolitical tensions and high asset prices.

- Seven of nine major firms exceeded EPS estimates, indicating strong revenue growth in sectors such as AI chips and real estate.  
- The Buffett indicator has reached record levels, suggesting potential overvaluation amidst recent stock market highs.  
- Investors are at a crossroads, balancing positive earnings against macroeconomic risks like geopolitical tensions and elevated asset prices.

S&P 500 earnings beat forecasts as Buffett indicator flashes risk

A report by S&P Dow Jones Indices reveals that 90% of active fund managers have underperformed the S&P 500 over the past 15 years. Advocates like Brian Preston and Warren Buffett recommend dollar-cost averaging into low-cost S&P 500 index funds as an effective long-term strategy. Additionally, some analysts suggest that diversifying assets may help reduce volatility and concentration risk for investors nearing retirement.

- S&P Dow Jones Indices reveals that 90% of active fund managers have underperformed the S&P 500 over the past 15 years, demonstrating ongoing difficulties in market outperformance.  
- Brian Preston and Warren Buffett recommend dollar-cost averaging into low-cost S&P 500 index funds as an effective long-term investment strategy.  
- Analysts argue that incorporating additional assets can help mitigate volatility and concentration risk, which may be particularly beneficial for near-retirement investors.

BlackRock, Inc.

State Street Corp.

Most fund managers trail S&P 500 as simple strategy outperforms

The S&P 500 has reached record highs, but with fewer than 60% of its stocks above key moving averages, raising concerns about the sustainability of the rally. Nearly 10% of S&P 500 stocks have hit 52-week lows while the index rises, marking a historic divergence. The gains are primarily driven by AI capital spending, but the lack of broader market participation leaves it vulnerable to inflation and Federal Reserve policy changes.

- The S&P 500 is reaching record highs, but less than 60% of its stocks are above key moving averages, reflecting a pattern from the late 1990s.  
- A historic divergence is noted as nearly 10% of S&P 500 stocks reached 52-week lows while the index is at all-time highs, raising questions about the sustainability of this rally.  
- AI-driven capital spending is boosting the market, yet the lack of broad participation increases vulnerability to potential shocks from inflation or Federal Reserve policies.

S&P 500 hits record highs despite historic breadth warning

MingRu

After-Market Quick Report 2026/05/04All three major indices declined:S&amp;P 500: Down 0.4%, closing at 7200.75 points.Nasdaq: Down 0.2%, closing at 25067.80 points (relatively resilient).Dow Jones: Down 1.1% (approx. 557 points), the worst performer.Black Swan Event: The UAE claimed to have been attacked by Iran, raising concerns that the ceasefire agreement reached in April may be invalidated. Brent crude surged 5.8% to $114.44.Market Sentiment: Although geopolitical tensions have caused volatility, the overall resilience of U.S. stocks remains strong, with corporate profit growth continuing to be a long-term supporting force. Key Sectors and Stock AnalysisSemiconductor/AI Sector:NVDA (NVIDIA): Closed at $198.45 (-0.56%) today. Technically, NVDA broke below the Fibonacci 0.236 level ($204.47), with an RSI of 67.36, indicating short-term overbought correction pressure.MU (Micron): Despite the broader market pullback, due to the continued supply shortage in AI memory (HBM) demand, market expectations for MU's earnings are extremely high, and it is currently in an adjustment phase within an uptrend channel.Defensive Sectors and Unusual Moves: Capital flowed into defensive sectors. Notably, BlackBerry (BB) surged nearly 3%, primarily driven by positive news regarding its QNX software collaboration with NVIDIA and increased penetration in the automotive market.Tomorrow's (5/5) Outlook and Trading Strategy SuggestionsKey Focus for Tomorrow:Geopolitical Developments: The Trump administration's &#34;Project Freedom&#34; escort plan is a core variable. If the U.S. military escort is successful and the situation stabilizes, oil prices may retreat, benefiting the broader market; if direct conflict occurs, oil prices could break $115, triggering a deep 2%-4% correction.Earnings Effect: AMD will release its earnings report after the market closes tomorrow. AMD's guidance for AI chips will directly determine the subsequent trend of the semiconductor sector (including NVDA and MU).Technical Analysis and Trading Logic:NVDA Support Level: Focus on the $194.77 (Fibonacci 0.382) support level in the short term. If it holds here, it's a good point to add to positions; if it breaks below, it may test $190.Strategy Suggestions:As recent volatility (VIX) has picked up, it is recommended to maintain selling put options (Short Put) to collect premiums in a high-volatility environment, but choose strike prices far from support levels (e.g., around $185 for NVDA).Monitor sector volatility driven by AMD's earnings. If AMD's performance exceeds expectations, it may lead the semiconductor sector to collectively recover from today's decline.Personal Recommendation: Tomorrow's market will feature the dual themes of &#34;geopolitical maneuvering + tech stock earnings expectations.&#34; Before the situation becomes clear, maintain portfolio flexibility and closely watch crude oil price movements as a risk indicator.

Blackberry

Micron Tech

NASDAQ Composite Index

Dow Jones Industrial Average

NVIDIA

Cboe Volatility Index

NVIDIA Corporation

Happy weekend! Looking at this, I know everyone is in a good mood. That's good! However, it also reminds me, what about Hong Kong stocks? It's not that there are no good stocks in Hong Kong, but it's really hard to pick the right ones. So, US stocks are still the best investment choice. Sigh... Starting from last June, I continuously reduced my heavy holdings in Tencent (sold at an average price of around 570-580), and then switched all positions to assets related to US stock composite indices. Currently, there's a floating profit of 25%. Still happy.

Global X FDS S&P 500 Covered Call ETF

Conglomerates Index

TENCENT

Tencent

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

The whole internet is hyping: Musk is kind-hearted, SpaceX is reserving 30% of its IPO shares for retail investors. This narrative is completely wrong from start to finish. It's not the conclusion that's wrong, it's the framework. The essence of IPO allocation: who sets the price, who takes the shares, let's first clarify a basic logic. IPO allocation is essentially a distribution of pricing power. Institutions get shares, obtaining the arbitrage right to &#34;buy at a low price and sell in the secondary market.&#34; Retail investors get shares, usually the leftovers after institutions have picked. In US IPO conventions, retail investors only get 5%-10%. Why? Because underwriters need institutions to &#34;discover the price&#34;...

Pro Shrt S&P 500(SH.US)

Why Is the Stock Market Down Today, 5/18/26?

Stock Market Faces 'Meaningful Correction' Risk from Bond Selloff, Warns Morgan Stanley

STOCKS | RBC Forecasts S&P 500 to Reach 7,900 Points in 12 Months

History suggests S&P 500 drops at least 7% when this happens

President Trump threw a wrench in Kevin Warsh's plans as Federal Reserve chairman, and it could be the undoing of the current bull market