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$1.1 Billion in Art Sold in Less Than Three Hours

A single evening only brought in $1 billion at auction one other time, Paul Allen’s estate in 2022.

Christie’s May 18 evening sale was headlined by:

  • Pollock: $181.2M, nearly 3x his previous record

  • Brancusi: $107.6M, second highest sculpture price ever

  • Rothko: $98.4M, a new record for the artist

Obvious outliers, but the evening capped a spring auction season that totaled $2.5 billion (roughly 2x last year). This follows a Q1’26 that saw the postwar contemporary art market grow 23.1%.

Masterworks offers investors the opportunity to invest in blue-chip contemporary and post-war art. Since 2017, it has offered over 500 artworks and raised over $1 billion in total investments.

29 exits to-date have delivered net annualized returns like 16.5%, 17.6% and 17.8% on sold works held over 12 months.

Join 70,000+ members in adding art to their portfolios.

Skip the waitlist here.

*According to Masterworks data. Past performance is not indicative of future performance. Investing involves risk. See important disclosures at masterworks.com/cd

Good morning. Stocks come into Tuesday with the wind back at their backs: the Dow closed at a record on Monday and the Nasdaq jumped 2%, snapping back from last week’s tech selloff. Here’s what’s on deck before the open.

The Market Gauge

Monday’s rally found its footing — the Dow set a record, the S&P 500 added 1.2%, and IBD’s own growth-stock gauge (the IBD 50 ETF) rose 2.8%, a sign that leaders are working again. IBD’s posture stays constructive but careful: its recent guidance has been to keep roughly 60–80% of your portfolio invested and some cash on hand. The real test of the bounce is Thursday’s jobs report.

On today’s calendar

  • Consumer confidence — a read on how households are feeling about the economy.

  • Job openings (JOLTS) — an early angle on the labor market before Thursday’s big report.

  • Earnings: $NKE ( ▲ 0.12% ) (Nike) reports — watch the after-hours reaction.

On the radar: Amphenol

From the IBD 50 — IBD’s screen of top growth stocks — $APH ( ▲ 4.53% ) (Amphenol) makes the connectors and cables that wire up AI data centers. It closed Monday at $166.42, just below its 52-week high, after a long, steady climb. Consider this a “what to watch,” not a buy call: when a leader pauses right under its highs, swing traders watch whether it pushes through to new ground or stalls out. How it acts here tells you more than where it has been.

Rule of the day

Sell into strength, not weakness. The moment to trim a winner is while it is still running and buyers are eager — not after it rolls over and everyone rushes the exit at once. Decide your exit before you need it.

Beginners in Stock Trading is educational and is not financial advice — read the full financial disclosure. This is the optional morning edition; the full recap still lands at 6:00 PM ET. Only want the evening one? Just reply “evening only.”

The Lithium Boom is Heating Up

Lithium stock prices grew 2X+ from June to January. But the real winner may be a private stock: EnergyX. Their tech can recover 3X more lithium than traditional methods, leading General Motors to invest. Now they’re preparing to unlock ~13M tons of lithium. Invest in EnergyX for $13/share by the 7/16 deadline.

Energy Exploration Technologies, Inc. (“EnergyX”) has engaged Beehiiv to publish this communication in connection with EnergyX’s ongoing Regulation A offering. Beehiiv has been paid in cash and may receive additional compensation. Beehiiv and/or its affiliates do not currently hold securities of EnergyX.

This compensation and any current or future ownership interest could create a conflict of interest. Please consider this disclosure alongside EnergyX’s offering materials. EnergyX’s Regulation A offering has been qualified by the SEC. Offers and sales may be made only by means of the qualified offering circular. Before investing, carefully review the offering circular, including the risk factors. The offering circular is available at invest.energyx.com/.

Comparisons to other companies are for informational purposes only and should not imply similar results. Past performance is not indicative of future results. Market shortfall are forward‑looking estimates and are subject to substantial uncertainty.

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