Weekly Special Report: USA500

USA500:

• USA500 represents the S&P 500, which includes 500 of the largest publicly traded companies in the United States across all major sectors. It features industry leaders such as Tesla, Apple, Google, Nvidia, Meta, and Goldman Sachs.
• GLOBAL BENCHMARK INDEX: The S&P 500 is the most widely followed equity index in the world and a key benchmark for global investors. It serves as a barometer of the U.S. economy and broader market sentiment.

Q1 2026 EARNINGS SEASON (APRIL - MAY):

• APRIL - MAY 2026. The U.S. Q1 earnings season began in mid-April with major financial institutions, while key USA100 heavyweights such as Meta, Microsoft, Palantir, Alphabet, Apple, and Amazon have already reported better-than-expected earnings in late April and early May.

NEXT: NVIDIA: 5/20/2026, Aftermarket; WALMART: 5/21/2026, Premarket; ZOOM Communications: 5/21/2026, Aftermarket; HP: 5/27/2026, Aftermarket; SALESFORCE: 5/27/2026, Aftermarket; BROADCOM: 6/3/2026, Aftermarket;

NVIDIA: Q1 EARNINGS REPORT. According to Bloomberg, NVIDIA is expected to print $78.62 billion in revenue (new record high), up about 78% from $44.1 billion in the same period last year. NVIDIA is expected to report net income of $43 billion (new record high), an increase of roughly 126% from $19.03 billion last year.

Source: Bloomberg Terminal

EVENTS

• THURSDAY, MAY 21 AT 13:30 GMT+1: U.S. INITIAL JOBLESS CLAIMS. U.S. initial jobless claims are a key indicator of labor market health, tracking the number of Americans filing for unemployment benefits for the first time. Lower or stable readings suggest a resilient job market, supporting economic confidence and potentially positive momentum for the USA500.
• THURSDAY, MAY 28 AT 13:30 GMT+1: U.S. GROSS DOMESTIC PRODUCT (GDP) (Q1). U.S. Gross Domestic Product (GDP) measures the total value of goods and services produced in the economy. Stronger-than-expected growth signals economic resilience and supports corporate earnings expectations, which is typically positive for the USA500.

GEOPOLITICS: MIDDLE EAST WAR

• BREAKING: THE CEASEFIRE BETWEEN THE USA AND IRAN, ANNOUNCED BY U.S. PRESIDENT DONALD TRUMP ON APRIL 8, STILL HOLDS. The global stock markets rose in value after US President Trump announced a ceasefire with Iran.    

Source: Reuters, CNBC

TECHNICAL ANALYSIS:

• UPTREND: The USA500 price has risen around 18% since late March 2026, reaching an all-time high of 7,539.50 in mid-May.
• SUPPORT AREA: 7,250-7,200. After reaching all-time highs on strong earnings and positive sentiment, the USA500 remains elevated with key technical support at 7,250–7,200. However, there remains a risk of a potential break below this range if market conditions change.

GRAPH (Daily): February 2026 – May 2026

Please note that past performance does not guarantee future results

USA500, May 20, 2026
Current Price:  7,400

Example of calculation based on weekly market trend for 1.00 Lot¹

1.  The above calculations are made based on 1.00 lot which is equivalent of 10 units
2.  Calculations for exchange rate used as of 13:30 (GMT+1) 20/05/2026

You can use risk management tools such as Stop-Loss and Take-Profit.