Weekly S&P500 ChartStorm - 31 May 2026

This week: monthly chart, the age of speculation, risk flags, opportunity signs, emerging markets adjusted for AI stocks, AI earnings euphoria...

Welcome to the latest Weekly S&P500 #ChartStorm!

Learnings and conclusions from this week’s charts:

• The S&P500 gained +5.15% in May (up +10.73% YTD).

• Investor expectations, allocations, valuations are near record highs.

• Buyback tailwinds have faded, and semis look heavily overbought.

• Median stock short interest has surged to decade+ highs.

• Small caps & Softwa…