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May 16, 2026 | Tech Talk for Saturday May 16th 2026
Don Vialoux
The Bottom Line
North American equity markets are expected to trade in a relative narrow trading range this week: Frequency of significant quarterly earnings reports by large cap U.S. companies (with the exceptions of Nvidia’s report on Wednesday and Walmart’s report on Thursday) are winding down and frequency of reports by TSX 60 companies have past their peak.
Historically, The S&P 500 Index and the TSX Composite Index have been flat to slightly lower in the week in May following expiration of May listed equity and index options. Expiration this year was on Friday May 15th.
Watch out for “Witches’ Hangover” in U.S. equity markets, the trading day after expiration of monthly listed equity, index and index futures options (i.e. Monday May 18th this year). A brief dip in U.S. equity indices frequently occurs when indices record a drop on “Triple Witching Day” (i.e. May 15th this year)
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Don Vialoux May 16th, 2026
Posted In: Tech Talk
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