Weekly Market Report 5/17/26

The potential young Bloom Energy, SpaceX IPO, legacy American company story change, my trading account, and more.

Another week, another all time high.

And this upcoming week we have Nvidia earnings. It never ends, does it?

It’s easy to take for granted what a time it is to be involved in markets. The word unprecedented gets used too often but this environment has earned it.

Historic IPOs, AI, robotics, autonomous vehicles, space, crypto, etc. Never in history has more been happening at once, and we’re all lucky enough to be market participants in the middle of it all.

We’re starting to hear bearish/cautious rumblings out there, but what’s important to remember is that this market is going to pullback, pause, or consolidate at some point. And so what?

Pullbacks, pauses, and consolidations within an uptrend offer some of the best opportunities in an uptrend, especially after a major advance like the one we’ve had.

If you spend all of your time worrying about a crash that might come, you’re going to miss out.

Wouldn’t you rather take the chance and participate in the second greatest bull market in history (potentially the first by the time it’s over) vs. sit on the sidelines and wonder what if?

As long as you don’t fully lever yourself and risk everything, the risk of being sidelined has far outweighed the risk of participating…

If you’re not already in the subscriber chat, I strongly suggest paying attention to it.

This is where I post a daily thread with my thoughts on the day ahead, relevant headlines and macro events, my main focus names, notable upgrades and downgrades, and anything else I’m watching.

The chat itself has basically become a live market group chat. We have a ton of smart people sharing ideas, setups, headlines, and observations throughout the day, and there’s a lot of genuine alpha being passed around.

I honestly think it might be one of the most (if not the most active) subscriber chats on Substack.

This is also where I post new position threads and walk through the thesis behind each trade, including what I’m seeing, why I’m entering, my risk level, etc.

I also want to mention that this past week, I published my newest thematic primer:

The Robots Are Coming 1.0 (link here).

In this one I discussed why robotics could become one of the biggest market themes of all time, how AI is beginning to move beyond the browser and into the physical world, which companies are best positioned to benefit, the names I own, and the names I’m looking to get positioned in.

I see a lot of robotics watchlists that focus only on the momentum names with horrible fundamentals but in reality, there are numerous high quality robotics stocks in the market today. They’re just hidden. Diamonds in the rough, if you will.

That’s what I tried to focus on in this primer: finding the real companies with real exposure before the theme becomes obvious to everyone else.

Now, in the remainder of this article, I’m going to discuss a stock that reminds me of BE when I was laser focused on it at $80 per share back in November, two energy stocks that just had complete narrative shifts and look like they could be setting up for rerates, a legacy American company that just made a thesis changing business move, the SpaceX IPO and which name I think could be set up for a trade into that event, my trading account, my favorite charts, the overall market, and more.