Howestreet.com - the source for market opinions

ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION

May 9, 2026 | Tech Talk for Saturday May 9th 2026

Donald Vialoux is author of the free blog Tech Talk, a daily investment report available during the past 20 years at www.timingthemarket.ca. Comments focus on the seasonal and technical outlook for equity indices, commodities and sectors. Mr. Vialoux has 53 years of experience in the investment industry and is a past president of the Canadian Society of Technical Analysts (CSTA).

The Bottom Line

S&P 500 Index and the Nasdaq Composite Index traded to record territory on Friday as the tech rally continued. Strength was bolstered by a stronger-than-expected U.S. jobs report released on Friday and hopes for an Iran peace deal.

Focuses this week are on inflation reports: U.S. April Consumer Price Index released on Tuesday and U.S Producer Price Index released on Wednesday.

Earnings and Revenues Consensus for S&P 500 companies Source: www.factset.com

Analysts increased 2026 earnings and revenue estimates again last week: 89% of companies have reported quarterly results to date: 84% have reported higher than consensus earnings and
80% have reported higher than consensus revenues.

Download (PDF, 290KB)

STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the HoweStreet.com Weekly Recap.

May 9th, 2026

Posted In: Tech Talk

Post a Comment:

Your email address will not be published. Required fields are marked *

All Comments are moderated before appearing on the site

*
*

This site uses Akismet to reduce spam. Learn how your comment data is processed.