Market is looking through decade-high yields, seeing normalization, not crisis. The dominant signal is a historic ECM boom driven by secular AI/tech. A massive IPO pipeline (SpaceX, OpenAI) provides a structural bid for tech, explaining NDX resilience. The primary risk is an oil-driven inflation spike forcing a policy error, but for now, capital formation is overwhelming macro headwinds. This is the flow to watch.

implicit

implicit
RUT

explicit
Metals
USD
JPMorgan 9.0
Investment Bank $3170.00B
Kevin Foley 8.5
5/21/2026 10:42:43 AM
wti
The pressure that's happening in oil and the concerns around the Middle East is a major concern from an inflationary pressure.
5/13/2026 12:36:48 AM short term up 5 days later +6.52% +6.52%
5/13/2026 12:34:18 AM short term up 5 days later +6.52% +6.52%
5/12/2026 8:21:02 PM short term cautious up 5 days later +7.56% +3.78%
5/12/2026 5:23:45 PM short term cautious up 5 days later +7.56% +3.78%
5/12/2026 2:41:08 PM short term up 5 days later +7.56% +7.56%
5/12/2026 12:00:24 AM short term sharp up 5 days later +7.56% +11.34%
5/11/2026 3:12:21 PM short term cautious up 6 days later +6.34% +3.17%
5/5/2026 9:11:37 AM short term cautious up 5 days later +3.14% +1.57%
4/20/2026 6:16:40 PM medium term cautious down 20 days later +6.45% -3.22%
4/9/2026 8:26:09 PM medium term cautious down 20 days later +8.80% -4.40%
3/27/2026 4:46:35 PM short term up 7 days later +9.26% +9.26%
3/16/2026 6:26:04 PM short term cautious up 6 days later -8.40% -4.20%
3/4/2026 8:50:44 AM short term up 5 days later +3.01% +3.01%
3/3/2026 2:24:23 PM short term sharp up 5 days later +26.94% +40.40%
3/3/2026 11:01:30 AM short term up 5 days later +26.94% +26.94%
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