Market Moment

Glen Eagle®: America’s Women-Owned Trading Desk®  

5/19/2026

  • Nearly 70% of teenagers say they want to learn about investing, and 73% of parents view financial literacy as important, yet only 14% of teens say they know a lot about investing. 1


  • Tech sector layoffs jumped to 66,000 in the latest monthly report, the highest level outside of COVID since 2001 and 2002, highlighting continued changes across the industry. 1


  • Since Jerome Powell became Fed Chair, $10,000 invested in the S&P 500 has grown to over $32,000. Over the same period, bonds lagged far behind, growing to just $11,600. *2


  • Despite ongoing comparisons to the dot-com bubble, today’s Nasdaq-100 appears far less speculative than in 1999, with only 18% of index market cap trading above 60x earnings versus more than 76% during the tech bubble peak. *3


  1. MFS – “US Beyond the News” 
  2. Barron’s – “Grading Powell’s Fed: Good for Stocks, Bad for Affordability” 
  3. A Wealth of Common Sense – “Is This a Bubble?”

*Past performance is not indicative of future performance


Economic Calendar

 

Monday:

Atlanta Fed First Vice President Cheryl Venable remarks, Home Builder Confidence (May)


Tuesday:

Fed Governor Christopher Waller speech, Pending Home Sales (Apr), Philadelphia Fed President Anna Paulson speech, Atlanta Fed First Vice President Cheryl Venable remarks


Wednesday:

Fed Governor Michael Barr speech, Minutes of Fed’s May FOMC Meeting


Thursday:

Initial Jobless Claims, Housing Starts (Apr), Building Permits (Apr), Philadelphia Fed Manufacturing Survey (May), S&P Flash U.S. Services PMI (May), S&P Flash U.S. Manufacturing PMI (May), Richmond Fed President Tom Barkin speech


Friday:

Consumer Sentiment (May), Leading Economic Indicators (Apr), Fed Governor Christopher Waller speech

 

US Markets*

S&P 7,250.62 -0.71%

DOW 49,499.56 -0.38%

NASDAQ 25,804.95

-1.12%


World Markets*

FTSE 10,323.60

+0.00%

NIKKEI 60,550.59 -0.44%

HANG SENG 25,797.85 +0.48%


*values as of 11am EST 5/19/2026

 

Treasuries*

2 YR 4.129%

10YR 4.669%

30 YR 5.178%


 

Cryptocurrencies*

BTC-USD

76,430.68

+0.14%

ETH.CM

2,108.95

+0.14%




Currencies*

Euro $1.1595

Pound $1.3392

Yen $159.0660



Commodities*

Gold 4,494.90

-1.38%

WTI Crude 103.56

-0.79%

Silver 74.29

-4.08%


Upcoming Earnings Calls

 

Monday - BIDU, TCOM, RYAAY, XP, BRC

Tuesday - HD, KEYS, CCEP, BEKE, AS

Wednesday - NVDA, ADI, TJX, LOW, TGT

Thursday - WMT, DE, NTES, ROST, TTWO

Friday - BJ, BAH, FRO, BKE, GSL

Client Focused Trading® for large institutions, pensions, hedge funds, wealthy families, and private equity for over 30 years.


Glen Eagle Wealth, LLC is a member FINRA and SIPC

This desk commentary is for informational purposes only



Carol Ann Fernandez

Rob Michel

Grier Vacek


Glen Eagle Wealth, LLC

4422C Route 27

PO Box 399

Kingston, NJ 08528

(609) 631-8231


Glen Eagle Wealth | www.gleneagleadv.com