Eye on the market: Markets lose ground by the end of the week. XLV looks like it's topped out. USO getting out of quarantine?

Published: May 17, 2020, 8:28 p.m.

Welcome all once again.

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Markets drop at the end of the week. 

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Earnings beating expectations but not moving the markets.

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Important week for the SPY holding on to the 285 area.

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USO, XOP and OIH and holding and moving in a mixed fashion.

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EWW and EWZ slide down.

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Buillish: EWW, EWZ, XME, XLU

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Bearish: TLT, XLV, SMH