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Market Moment
Glen Eagle®: America’s Women-Owned Trading Desk®
5/19/2026
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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
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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
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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
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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
- MFS – “US Beyond the News”
- Barron’s – “Grading Powell’s Fed: Good for Stocks, Bad for Affordability”
- 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
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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
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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%
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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%
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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
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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
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