May 18, 2026
Monday Market Close โ Energy rips on Iran tensions. NVDA earnings the week's big catalyst. Data from Mon May 18 close.
๐ก Market Context โ Mon May 18 Close
Mixed day. S&P 500 closed at 7,403.05 (-0.13%), NASDAQ at 26,090.73 (-0.70%), DJIA at 49,686.12 (-0.04%). Tech under pressure as 10Y Treasury yields jumped to 4.623% (from 4.463%). Energy stocks absolutely ripped on escalating US-Iran tensions โ XOM +5.05%, CVX +5.08%, OXY +5.03%. S&P hit a 52-week high of 7,517 on Thursday before selling off into Friday. โก NVDA earnings this week is the "biggest and best tailwind" per CNBC pro trader Jay Woods. Cybersecurity (CRWD +6.70%) had a strong session. Space stocks (RKLB +5.12%, FLY +8.71%) bouncing back from Friday's SpaceX IPO sell-off.
๐ Index Snapshot
๐งฉ Sector Performance
๐ก Weekly Picks โ May 18
1. NVIDIA Corp (NVDA) โ $222.32 +1.31% ๐ข
Entry: $220-222 ยท Target: $245-250 ยท Stop: $210
๐ฏ Catalyst: The biggest event of the week โ NVDA earnings. Pro trader Jay Woods calls it the "biggest and best tailwind" for the market. A beat could catalyze the entire AI/tech sector. Stock pulled back from $235 this week, giving a decent entry. Buying the dip into earnings.
2. CrowdStrike Holdings (CRWD) โ $618.83 +6.70% ๐ข
Entry: $610-620 ยท Target: $680-700 ยท Stop: $575
๐ก๏ธ Catalyst: Cybersecurity continues to see strong demand regardless of macro headwinds. CRWD had a massive +6.70% session today with strong volume. Enterprise security budgets remain intact. Momentum play on a defensive sector that outperforms when yields rise.
3. Exxon Mobil Corp (XOM) โ $160.49 +5.05% ๐ข
Entry: $158-161 ยท Target: $172-178 ยท Stop: $152
โฝ Catalyst: US-Iran tensions are driving oil prices higher. XOM +5.05% today with the entire energy sector (+1.82%) outperforming. Big Oil benefits directly from oil price volatility. XOM has strong fundamentals, high free cash flow yield, and geopolitical tailwinds. Risk: if tensions de-escalate quickly.
๐ Past Picks Check-In
| Ticker | Entry ($) | Current ($) | Return | Verdict |
|---|---|---|---|---|
| RKLB | $105.47 | $131.16 | +24.36% | โ Winner |
| FLY | $39.68 | $43.95 | +10.76% | โ Winner |
| IONQ | $49.24 | $49.31 | +0.14% | โณ Flat |
| QUBT | $9.60 | $9.72 | +1.20% | โณ Barely |
| TSLA | $428.35 | $409.99 | -4.29% | โ Loser |
| RGTI | $18.94 | $16.62 | -12.25% | โ Loser |
| QBTS | $22.57 | $19.06 | -15.55% | โ Loser |
| Ticker | Price | Day Change | From Entry | 52W Range | Volume | Key Event |
|---|---|---|---|---|---|---|
| TSLA | $409.99 | -2.90% ๐ด | -4.29% | $273.21 โ $498.83 | 49.50M | ๐ Model Y price hike ยท Musk Beijing ยท SEC saga continues |
| QUBT | $9.72 | -7.52% ๐ด | +1.20% | $6.18 โ $25.84 | 18.45M | ๐ป Q1 beat ยท $1.4B cash ยท Fab 2 plan |
| QBTS | $19.06 | -6.34% ๐ด | -15.55% | $11.89 โ $46.75 | 25.10M | ๐ FY2025 rev +178% ยท Analyst PT $34.77 |
| RGTI | $16.62 | -6.89% ๐ด | -12.25% | $10.30 โ $58.15 | 22.35M | ๐ฌ Cepheus GA ยท Quantum sector sell-off continues |
| RKLB | $131.16 | +5.12% ๐ข | +24.36% | $23.92 โ $133.18 | 18.75M | ๐ฐ๏ธ Strong bounce from SpaceX IPO jitters |
| FLY | $43.95 | +8.71% ๐ข | +10.76% | $16.00 โ $73.80 | 9.80M | ๐ Big bounce ยท SciTec AFRL contract |
| IONQ | $49.31 | -5.08% ๐ด | +0.14% | $25.89 โ $84.64 | 22.15M | โ๏ธ Needham conference ยท Forbes $500 bull case |
๐ Report compiled May 18, 2026 ยท Data as of Mon May 18 close ยท Next trading session: May 19