The Déjà Vu Trade, Memory Stocks Lapse, Cybersecurity Surge
The Déjà Vu Trade, Memory Stocks Lapse, Cybersecurity Surge
https://pro.thestreet.com/trade-ideas/the-deja-vu-trade-memory-stocks-lapse-cybersecurity-surge51926
Publish Date: 2026-05-19 07:55:00
Source Domain: pro.thestreet.com
Feels like we’ve seen this movie a few times now. Is this time different? Guess we’ll know soon enough, won’t we? Monday was turning out to be a pretty rough day for U.S. financial markets. A word or two from Pres. Donald Trump late in the afternoon, turned the markets in a better direction. That’s the beauty of a keyword-driven, algorithmically run marketplace. To remove humans is to remove skepticism. Humans would question. Humans are gone. The AI behind the algos that now run our marketplace is not quite there. At least not yet.
Just a day after warning that the “clock was ticking,” Pres. Trump said that he would hold off on a planned Tuesday attack on Iran at the request of the leaders of Qatar, Saudi Arabia, and the United Arab Emirates. Supposedly, “serious negotiations are now taking place.” Front month crude oil futures came off of their highs for the session, stocks rallied off of their lows and Treasury yields relaxed just a bit. In addition, the Trump administration issued a new 30-day waiver permitting the sale of Russian crude already loaded on ocean-going vessels just days after the previous waiver had expired.
In a post to his Truth Social account, the president announced that he had directed Secretary of War / Defense Pete Hegseth and General Dan Caine not to proceed with what was apparently an attack on Iran planned for today. The president did warn that he had “further instructed them to be prepared to go forward with a full, large-scale assault of Iran, on a moment’s notice, in the event that an acceptable Deal is not reached.” In speaking to the media at an event on Monday, Pres. Trump added that the possibility for a diplomatic solution was a “very positive development, but we’ll see whether it amounts to anything.”
Memory Basket Stumbles
Memory and storage stocks appear to have apexed a week to 10 days ago, depending on the specific name. On Monday, Dave Mosley, the CEO of Seagate Technology (STX), mentioned that…
