Premarket Volume Scan

Market Narrative

**Premarket Scan for May 18, 2026: Volume-Driven Selloff Across Tech and Auto Sectors** NVDA leads volume action this morning with 181.8 million shares traded, down 4.42% to $225.32 in a relatively tight 2.57% premarket range. The semiconductor giant's massive volume spike signals institutional repositioning rather than panic selling, making it the primary focus for Monday's session. ONDS follows with 140.4 million in volume despite the smaller market cap, dropping 5.26% to $10.62 with a wider 5.37% PM range that suggests continued volatility ahead. The broad-based selling extends to INTC (down 6.18% on 135.2M volume) and F (down 7.46% on 108.3M volume), indicating sector-wide pressure rather than company-specific issues. With no major macro catalysts scheduled, today's action appears driven by weekend news flow or position adjustments ahead of the week. For NVDA, the tight 2.57% premarket range favors a HOD/LOD breakout strategy using shares given the moderate gap and compressed trading range. ONDS and F show wider premarket ranges above 5%, making VWAP the preferred approach as these names will likely remain volatile throughout the session. All primary candidates are B-tier setups trading shares only due to volume characteristics. Secondary volume leaders HCWB, MRNO, and GPUS show elevated activity without directional moves, worth monitoring for potential breakouts if they establish clear levels.