Tweet of the Day
Position: None
Howling About an Ugly Trifecta
Wolf Street howls about a trifecta of headwinds.
Position: None
Early Wednesday Morning Trading (4:52 AM)
With S&P Futures +24 handles and the Nasdaq futures +196 handles, I have added to my very small index shorts:
* $SPY $736.12
* $QQQ $706.38
Position: Short SPY (VS), QQQ (VS)
Oscillator Back to Oversold
The S&P Short Range Oscillator is back into oversold at -2.08% vs. 0.04%.
Position: Short SPY (VS), QQQ (VS)
Tuesday’s After-Hours Advancers and Decliners
After-Hours % Advancers
After-Hours % Decliners
Position: None
Closing Market Stats for Tuesday
Closing Volume
– NYSE volume 1% above its one-month average
– NASDAQ volume 12% above its one-month average
– VIX index: up 1.68% to 18.12
Breadth
S&P 500 Sectors
% Movers
Nasdaq 100 Heat Map
Closing S&P 500 Heat Map
Position: None
Never a Good Sign
Financials rolling over.
Never a good sign.
Position: None
More AI Skepticism From Ed Zitron
Position: None
Good Covers
Good covers on $NVDA, $MU, $AMD, $INTC and $SNDK yesterday:
Covered My Tech Shorts
I covered the balance of my individual technology shorts for some good profits:
* AMD $416.30 (-$6)
* NVDA $221.08
* MU $$680.95 (-$42)
* SNDK $1,291.61 (-$115)
* INTC $106.42 (-$2)
Position: None
BY Doug Kass · May 18, 2026, 1:37 PM EDT
I plan to re-short on strength but I am giving these volatile stocks a wide berth before I do so.
However, after the big rally off of the morning lows (and Nasdaq futures back in the green), I am back shorting the indices:
* $SPY $737.44
* $QQQ $706.28
Position: Short SPY (VS), QQQ (VS)