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Bank earnings kicked off today, with $JPM hitting a record high while other banks dip lower on mixed reports. Jenny VL Harrington’s Jenny Harrington, Joe Terranova, Jim Lebenthal, and Brenda Vingiello break down the reports:

19,470 görüntüleme • 2 yıl önce •via X (Twitter)

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5/18/2026: Ordinary pullback or something more? - Rotation under the surface continued today with $IGV outperforming $SMH. - $XLE $XOP $OIH the strongest groups in the market with $VLO $RIG $BORR $VAL $MPC $HAL $SLB all and more all hitting new 52wk highs today. - Unwind in the recent high flyers within the memory, optic and semiconductor sector. Healthy action that has been much needed. $MU $SNDK $LITE $AAOI $CIEN $GLW. A bit of a crowded trade as of late. - Neo Coulds/ data center names also got hit on the chin $NBIS $CRWV $HUT $CIFR $APLD - $XLP consumer staples continues to act well. This market is never my favorite when toilet paper is acting well. - $XLK well earned -2% down day. - Cybersecurity has leapfrogged names with its relative strength $CRWD $PANW $FTFT $DDOG - $USO continues to be one of the more reliable groups $RKLB $SATS $PL $LUNR $SATL doing nothing wrong. - $USO hit a new high today which is a big negative. Bessent trying to talk down the Oil markets down with a license to access Russian Oil. - Not thinking about making any trading decision based on the news. - The leaders NEEDED to consolidate and that is exactly what they have begun to do. If you feel compelled to buy every single dip you probably got your ass kicked on Friday and some more today. - Let volatility contract and focus on the names which have held up best after earnings. - The market is not broken, things were just extended. Turn off the news and focus on price, and DO NOT chase extended!

Ariel Hernandez

18,559 görüntüleme • 3 ay önce