May 14, 2026

Markets:

Chinese President Xi Jinping told American CEOs travelling with President Donald Trump that the door to business in China will “open wider.”

“Xi said that U.S. companies are deeply involved in China’s reform and opening up, and both sides have benefited from this,” according to a report from state-backed newspaper Xinhua.

“Noting that China’s door will only open wider, Xi said China welcomes the United States to enhance mutually beneficial cooperation with China, and expressed belief that U.S. companies will enjoy even broader prospects in China.”

Tesla and SpaceX boss Elon Musk, Nvidia’s CEO Jensen Huang and Apple CEO Tim Cook were among the top technology executives who traveled with Trump to China. Trump introduced each of them to Xi one by one, Xinhua reported.

“The U.S. entrepreneurs said that they attach great importance to the Chinese market, and hope to deepen their business operations in China and strengthen cooperation with China,” the newspaper said.

On Thursday, Reuters reported that Washington had given the green light for Nvidia to supply some tech companies in China with the H200, one of its more advanced products.

Portfolio:

We enter todays session holding setups in PLUG, MX, ACHR, and NVTS.

OPEX tomorrow.  We expect roller coaster price action.  Patiently awaiting further ews form the meeting in China.  This will be sure to ignite moves.  

SPY beast of a run all day. If looking for a retest that will come between 740-741 which is good to take longs. Hard to see many faults in the market.

QQQ looking for a run at 750 – 800 still.  Do we dare get QQQ to a 1000 over the next year?  Very possible.  

Big news so far this morning; US approves around 10 Chinese firms to purchase NVDA H200 chips, sources say BABA, ByteDance, TCEHY Tencent, and JD among Chinese companies approved by the U.S. to buy NVIDIA H200 chips, sources say.

Be ready.  Stay patient.  Expect swings into OPEX.  We had a monster start to the month, now let the next setups develop.