Stock Market Weekly update -May 31

 We made it to the 9th week up in the S&P500, and again all market indices (including the Semis),  closed at weekly all time highs! So don’t sell in May & go away!!  NVDA pulled back for a 2nd week after reporting great earnings. SNOW popped on earnings. DELL rocketed higher on earnings. MU & SNDK had another  great week. Software stocks rallied.  Bitcoin & Eth pulled back for a 3rd week, OIL dropped below $90.

Same data as before: Stocks are up, Rates are up, Oil is high (but dropping), Inflation is up, and Consumer sentiment is at all time lows (lowest in history)! 

Stocks close at record highs with tech leading the way again.

Dell Soars Most Since 2018 on Outlook Fueled by AI Servers

April PCE Report: Inflation Index Up 3.8% as Price Pressures Build


The week ahead: Monthly JOBS report 

8th week of Earnings - winding down now…

Schwab Weekly Trader's Outlook  

Edward Jones recap


The 10 year Interest rate - pulled back again to 4.45%

The Dollar - pulled back to around 98.95

Gold - up a bit again to $4545 

Oil - dropped for a 2nd week to $87.80

Bitcoin  - dropped again to around 73k

National debt  $39.2T 

 

New all time Highs:  AAPL, HPE, DEL,  CSCO, AVGO, QCOM, SNDK, PANW, FTNT, PURR, UMAC, DAL, FDX, GS, MS, TD, RY, and more… 

 -ALL time Lows:   

Pops & Drops/5 day movers:,   Pops:  SPCE, UMAC, RCAT, RDW, ONDS,  Drops:,, 

Earnings movers:  Pops:  DELL, SNOW,  BBY, DLTR, OKTA    -Drops: AZO, ZS

% of S&P 500 stocks above the 50 day MA:  down from 57% to 52%


This week

Mon

Tue

Wed

Thu

Fri

Earnings

HPE

PANW, DG, ULTA

AVGO, CRWD, M

PL, CIEN, DOCU, LULU


Events





Jobs


The indexes:  ‘Weekly rally’ momentum in the SPX continues…



SPX  SPY  -  9th week up without a break!







Stocks last week - …Tech had a great week -Semis, Software, Hardware

NVDA & GOOGL were down for a 2nd week!



Sectors last week  -




Market concerns:   Inflation? Debt?  War, anything…?

Options watch:   High IV (Implied Volatility) stocks -link   

High Options volume:  

ETFs

SPY, QQQ, IWM, SMH, VIX -also SPX index

Stocks

Mag7 & others   (most active link, or here)



More charts:    


DELL rocketed up on earnings, even after a prior impressive run in 2026.



AMD just left Nvidia, Intel flat-footed



PURR -New Crypto kid on the block! (DAT/treasury, like BMNR)

Hyperliquid Strategies soars nearly 20% after CFTC signs off on first-ever U.S. perpetual futures



WMT -topped out for now?



INTU -dropped further on earnings



5/17: The S&P 500 is at an all-time high while Consumer Sentiment is at an all-time low.




5/17: HERE ARE THE TOP 15 PERFORMERS OF 2026









S&P 500 Total Percent Returns calendar  


Name


Feb 2025

04/27

06/30

01/04/26

03/01

Solana

SOL

192.00

149.30

149.60

134.50

84.00

Chainlink

LINK

18.35

14.48

13.28

13.40

8.80

Uniswap

UNI

9.60

5.57

6.98

5.90

3.75

SUI

SUI

3.45

3.55

2.77

1.70

0.90

ONDO

ONDO

1.32

0.95

0.75

0.44

0.26

Avalanche

AVAX

-

-

-

14.00

9.00

Feb 2025:   5 Cryptos to watch in 2025, 2026

10/12/25:   Added AVAX, 11/23 This recent dip may be a good opportunity to buy/add

02/15/26: Buy the dips here?


Links...



Top sites


Stocks/News:

A jobs report, more big chip earnings, and sticky inflation: What to watch this week

Software stocks wrap up best month since 2001 as talk of ‘SaaSpocalypse’ subsides

Sell This May?  No Way!

What SaaSpocalypse? Snowflake stock skyrockets on AI-driven earnings

Nvidia debuts RTX Spark processor for Windows laptops, taking aim at Intel, AMD

Meta launches paid subscriptions for Instagram, Facebook, WhatsApp

It’s not just tech stocks: The broad-based strength of the market right now gives investors reason to stay the course

Drone stocks rally after report of Pentagon-backed funding discussions

Japan spent $73 billion in yen-buying intervention, ministry data shows

Watch "Quantum Computers Will BREAK ALL DIGITAL CODES 

Americans Are Falling Behind on Their $1.25 Trillion Credit-Card Bill - WSJ

Crypto/Blockchain: 

  -Global Market Cap: Holding up around  $2.8 Trilllion   Current Crypto prices
One of the hottest crypto products in the world is finally coming to the U.S.

'First and only': Paxos secures SEC registration as clearing and settlement agency

Mastercard secures New York BitLicense to support stablecoin and digital payment infrastructure

DTC’s Tokenization Service to Connect with Stellar Public Blockchain as DTC Advances its Multi-Chain Strategy

Sui blockchain suffers more downtime following Thursday's six-hour outage


05/17 Top RWA Protocols YTD Performance:


Archives ..pre 2020

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