US-Iran tensions are causing minor crude oil volatility, but the main market signal is a rotation out of Nvidia and Information Technology into other sectors, as evidenced by the S&P 500 equal-weight index outperforming. Mortgage applications are plunging due to rising rates.
Yields
implicit
explicit
Metals
USD
Nvidia down
Charles Schwab
7.8
Asset Manager $890.00B
Kevin Hincks 3.0
Asset Manager $890.00B
Kevin Hincks 3.0
5/27/2026 7:19:54 PM
ndx
Nvidia is down again post-earnings, and the Information Technology sector is down today, suggesting a rotation out of tech, which implies a cautious short-term outlook for the Nasdaq.
rut
The equal-weight S&P 500 is up 0.33% while the cap-weighted index is down, indicating rotation into smaller and mid-cap stocks, which is positive for the Russell 2000.
wti
Crude oil futures are off their lows this morning around $87, but they're still down over 4%.
| 5/21/2026 4:30:11 PM | short term cautious up | 5 days later | -8.20% | -4.10% |
| 5/20/2026 3:30:13 PM | short term down | 5 days later | -2.55% | +2.55% |
| 5/19/2026 4:00:55 PM | short term cautious up | 5 days later | -1.69% | -0.84% |
| 5/13/2026 4:07:44 PM | short term sharp up | 5 days later | +6.52% | +9.79% |
| 5/12/2026 6:01:10 PM | short term cautious up | 5 days later | +7.56% | +3.78% |
| 5/12/2026 3:43:59 PM | short term up | 5 days later | +7.56% | +7.56% |
| 5/11/2026 6:01:37 PM | short term up | 6 days later | +6.34% | +6.34% |
| 5/11/2026 4:33:03 PM | short term cautious up | 6 days later | +6.34% | +3.17% |
| 5/11/2026 3:30:59 PM | short term cautious up | 6 days later | +6.34% | +3.17% |
| 5/6/2026 7:01:28 PM | short term up | 5 days later | +7.77% | +7.77% |
| 5/6/2026 6:30:38 PM | short term cautious down | 5 days later | +7.77% | -3.89% |
| 5/5/2026 4:37:16 PM | short term down | 5 days later | +3.14% | -3.14% |
| 5/5/2026 3:38:25 PM | short term cautious up | 5 days later | +3.14% | +1.57% |
| 5/4/2026 3:36:16 PM | short term sharp up | 6 days later | -4.11% | -6.16% |
| 5/1/2026 6:30:15 PM | short term cautious down | 7 days later | -7.85% | +3.92% |
| 5/1/2026 5:30:10 PM | short term cautious down | 7 days later | -7.85% | +3.92% |
| 5/1/2026 4:30:29 PM | short term sharp up | 7 days later | -7.85% | -11.77% |
| 4/30/2026 6:01:11 PM | short term cautious up | 5 days later | -6.73% | -3.36% |
| 4/29/2026 10:30:10 PM | short term sharp up | 5 days later | -2.66% | -4.00% |
| 4/29/2026 6:30:43 PM | short term sharp up | 5 days later | -2.66% | -4.00% |
| 4/29/2026 4:30:58 PM | short term sharp up | 5 days later | -2.66% | -4.00% |
| 4/27/2026 6:00:43 PM | short term up | 6 days later | +6.49% | +6.49% |
| 4/27/2026 4:30:46 PM | short term up | 6 days later | +6.49% | +6.49% |
| 4/27/2026 3:45:31 PM | short term cautious up | 6 days later | +6.49% | +3.25% |
| 4/24/2026 7:01:37 PM | medium term cautious up | 21 days later | +12.75% | +6.38% |
| 4/24/2026 3:30:34 PM | short term cautious down | 7 days later | +10.43% | -5.21% |
| 4/17/2026 7:15:05 PM | short term down | 7 days later | +7.54% | -7.54% |
| 4/17/2026 6:00:59 PM | short term down | 7 days later | +7.54% | -7.54% |
| 4/17/2026 3:32:53 PM | short term cautious down | 7 days later | +7.54% | -3.77% |
| 4/17/2026 1:00:06 AM | short term down | 7 days later | +7.54% | -7.54% |
| 4/13/2026 4:31:01 PM | short term up | 6 days later | -1.83% | -1.83% |
| 4/11/2026 2:00:47 AM | short term sharp down | 7 days later | -9.56% | +14.34% |
| 4/3/2026 2:00:27 AM | short term sharp up | 7 days later | -11.86% | -17.79% |
| 4/3/2026 12:14:01 AM | short term sharp up | 7 days later | -11.86% | -17.79% |
| 3/27/2026 6:00:24 PM | short term up | 7 days later | +9.26% | +9.26% |
| 3/24/2026 6:00:01 PM | medium term cautious up | 20 days later | +1.06% | +0.53% |
| 3/24/2026 4:30:32 PM | short term cautious up | 5 days later | +13.91% | +6.95% |
| 3/24/2026 2:00:29 AM | short term cautious down | 5 days later | +13.91% | -6.95% |
| 3/23/2026 6:00:33 PM | medium term cautious up | 20 days later | +7.29% | +3.64% |
| 3/20/2026 7:58:07 PM | short term up | 7 days later | +16.74% | +16.74% |
| 3/19/2026 3:39:50 PM | short term up | 5 days later | -8.14% | -8.14% |
| 3/19/2026 2:34:25 PM | short term cautious up | 5 days later | -8.14% | -4.07% |
| 3/18/2026 5:00:40 PM | short term sharp up | 5 days later | -3.94% | -5.91% |
| 3/17/2026 6:01:27 PM | short term up | 5 days later | -8.50% | -8.50% |
| 3/17/2026 2:31:24 PM | short term up | 5 days later | -8.50% | -8.50% |
| 3/13/2026 1:00:26 AM | short term up | 7 days later | -5.74% | -5.74% |
| 3/9/2026 6:15:03 PM | short term up | 6 days later | +12.04% | +12.04% |
| 3/9/2026 5:30:33 PM | short term up | 6 days later | +12.04% | +12.04% |
| 3/3/2026 7:15:05 PM | short term sharp up | 5 days later | +26.94% | +40.40% |
| 1/7/2026 6:30:03 PM | short term cautious down | 5 days later | +5.87% | -2.93% |
| 12/30/2025 10:30:10 PM | long term down | 61 days later | +24.05% | -24.05% |
| 12/22/2025 5:01:11 PM | short term up | 6 days later | -0.51% | -0.51% |
| 12/17/2025 4:30:43 PM | short term up | 5 days later | +3.97% | +3.97% |
| 12/11/2025 7:30:17 PM | short term down | 5 days later | -2.61% | +2.61% |
| 10/14/2025 5:34:13 PM | short term cautious down | 5 days later | -1.29% | +0.64% |
| 9/25/2025 6:01:25 PM | short term up | 5 days later | -6.00% | -6.00% |
| 8/7/2025 12:00:18 AM | short term up | 5 days later | -1.93% | -1.93% |
