What’s Going on in the Markets May 17, 2026

Editor’s Note: This is a reposting of a video that mysteriously disappeared from May 17 2026.

What’s really driving this stock market surge, and can it keep going? View my short video here.

In this week’s update, I break down the powerful rally we’ve seen since the March 30th lows, with the S&P 500 up 18% and the NASDAQ soaring 28% in just a month and a half. Earnings have been nothing short of impressive, with nearly 90% of companies reporting strong results. But there’s a twist: inflation is starting to creep back up, and that could change the Fed’s next move on interest rates.

I’ll walk you through what this combination of strong earnings and rising inflation means for your portfolio, why I expect some short-term “backing and filling” after this parabolic run, and why I still believe 2026 is shaping up to deliver solid double-digit stock market returns. 

If you want a clear, no-nonsense view of where the market stands right now and where it may be headed next, you’ll find this video worth your time.

Sam H. Fawaz CFP®, CPA, PFS is the President of YDream Financial Services, Inc., a fee-only investment advisory and financial planning firm serving the entire United States. If you would like to review your current investment portfolio or discuss any other retirement, college, tax, or financial planning matters, please don’t hesitate to contact us or visit our website at http://www.ydfs.com. We are a fiduciary financial planning firm that always puts your interests first, with no products to sell. If you are not a client, an initial consultation is complimentary, and there is never any pressure or hidden sales pitch. We begin with a thorough assessment of your unique personal situation. There is no rush and no cookie-cutter approach. Each client’s financial plan and investment objectives are unique.

Google Securities Class Action Settlement

If you received a notice via U.S. mail last month regarding a securities class action settlement for Alphabet/GOOGL, it is because you are or were an Alphabet (GOOGL) Shareholder and purchaser of shares between April 23, 2018, and April 30, 2019.

As an affected shareholder, you can file a claim to recover (a yet undetermined but estimated) amount from the fund.

If you’re interested in doing so, for your convenience, I have compiled the below instructions describing background information and steps you need to take to file your claim.

I reviewed the GOOGL securities class action settlement, and depending on the number of shares you bought during the above period, you may conclude that the effort required to collect your portion of the claim not be worth the payoff. You should make this decision for yourself.

The settlement entitles “Persons that purchased or otherwise acquired Alphabet Class A and/or Class C stock from April 23, 2018, through April 30, 2019, inclusive” a portion of the settlement. 

“Members of the class here will recover an average distribution per common share, under the Plan of Allocation, approximately $6.41 per Class A share and $5.90 per Class C share.”

The above distribution plan relates to the number of pre-split shares of GOOGL. In July 2022, GOOGL shares underwent a 20 for 1 split, so based on the above distribution plan, you would receive approximately $0.32 per current Class A share and $0.295 per Class A share post-split.

Given the time it takes to complete the online claim and the documentation you must attach/upload (trade confirmations and statements proving ownership), this may or may not be worth your time.

However, if you’d like to file a claim, you can do so online at Alphabet Securities Settlement.

Shareholders have until July 25, 2024 to file a claim. Claim processing will likely take several months, so I would not expect reimbursement until early to mid-2025.