News
![Mega Cap Technology Stocks Continue To Lead The Overall Stock Markethttp://developer.download.nvidia.com/compute/cuda/4_2/rel/toolkit/docs/online/nvidia_logo.jpg: http://s3-eu-west-1.amazonaws.com/sharewise-dev/attachment/file/12158/nvidia_logo.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBa1FDIiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--2ecc072f456c94ff8fd197809e0569e0ee6c8d67/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/nvidia_logo.jpg?locale=us)
Mega Cap Technology Stocks Continue To Lead The Overall Stock Market
In his podcast addressing the markets today, Louis Navellier offered the following commentary.
If you wish to listen to this commentary, please click here.
Good Guidance Rewarded
I like
![S&P 500: A Gentle Snap Or Slap: https://www.valuewalk.com/wp-content/uploads/2023/05/STS-2-HYG-3.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBN01TYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--b3ace754aed0d28c9000e9cbafea5afe3f12a06d/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/STS-2-HYG-3.jpg?locale=us)
S&P 500: A Gentle Snap Or Slap
S&P 500 put up only very limited resistance at 4,136, and it became clear early in the regular session that bears would be absent. Initially, HYG and XLI sputtered, and XLF was lagging behind KRE
![Dan Loeb’s Third Point Cuts Disney and More to Bolster Tech Exposure in Q1](/assets/news/news7-ff65ae96e2a4b99929975e34f30f51b3393455f312fc86852d9fc8020c5054eb.png)
Dan Loeb’s Third Point Cuts Disney and More to Bolster Tech Exposure in Q1
The fund trimmed and exited several positions, pivoting segment exposure toward technology in the wake of economic uncertainty
Daniel Loeb’s New York-based hedge fund Third Point LLC this week
![The Growing War Against Natural Gashttp://intelligents.wpengine.netdna-cdn.com/wp-content/uploads/2011/04/chevron-corporation-logo.png: http://s3-eu-west-1.amazonaws.com/sharewise-dev/attachment/file/11090/chevron-corporation-logo.png](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBZWs9IiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--810d4ee3ee1f323ecd07b89039e6a5fb12ed54d0/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/chevron-corporation-logo.png?locale=us)
The Growing War Against Natural Gas
In his podcast addressing the markets today, Louis Navellier offered the following commentary.
War Against Natural Gas
The G7 meeting in Japan will be interesting this week. Germany is in
![S&P 500 Snapping Back But Gently: https://www.valuewalk.com/wp-content/uploads/2023/05/STS-1-XLK.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBd29SYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--c363e6e0c76848ed754516a4d5507526f4cddb41/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/STS-1-XLK.jpg?locale=us)
S&P 500 Snapping Back But Gently
S&P 500 flirted with 4,115 again after that great intraday HYG reversal portended downside volatility when cyclicals didn‘t really point higher. The day ended with a profound deterioration in
![FREYR Battery Is An Interesting Play On EVs: At Rock Bottom: https://www.valuewalk.com/wp-content/uploads/2023/05/FREYR-Battery.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBOHNQYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--9a7491a9a46a56552d443c80e2173c552e78cbda/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/FREYR-Battery.jpg?locale=us)
FREYR Battery Is An Interesting Play On EVs: At Rock Bottom
Key Points
- FREYR issued a favorable update, and the shares are moving higher.
- Production is expected to begin this quarter, and revenue could come by the end of the year.
- Analysts and
![Chinook Therapeutics Inc: Too Little, Too Late – Muddy Waters: https://www.valuewalk.com/wp-content/uploads/2023/05/Chinook-Therapeutics.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBNndQYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--72d2760e3b126ad5bb24fb833da5fa081a2fe41e/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/Chinook-Therapeutics.jpg?locale=us)
Chinook Therapeutics Inc: Too Little, Too Late – Muddy Waters
Muddy Waters is short Chinook Therapeutics Inc (NASDAQ:KDNY) because we believe it is highly unlikely that atrasentan, its lead product candidate, will be approved by the FDA. We conclude that
![Retailers Are Having A Tough Year: https://www.valuewalk.com/wp-content/uploads/2022/12/Retail-sales-report-today-300x150.jpeg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMTBQYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--fbf01a65ea28c52ff99a6fa3824084d274e95a76/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/Retail-sales-report-today-300x150.jpeg?locale=us)
Retailers Are Having A Tough Year
In his Daily Market Notes report to investors, Louis Navellier wrote:
Struggling Retailers
Retail sales are holding up, while Fed uncertainty pushes bonds and stocks lower.
Headline retail
![S&P 500 Bullish Achievements Aren’t Changing The Bearish Picture: https://www.valuewalk.com/wp-content/uploads/2023/05/STS-1-SP-500-7.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMDRQYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--983e63241d109fca8542777fa55f1174790bd02a/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/STS-1-SP-500-7.jpg?locale=us)
S&P 500 Bullish Achievements Aren’t Changing The Bearish Picture
S&P 500 downswing refusal would prove temporary, and the pinched consumer retail sales data will keep serving as recessionary reminder.
In this five part tweet series, I detailed why yesterday‘s
![Jury Burns McDonald’s Again – Hot Coffee Then, Hot Chicken Now: https://www.valuewalk.com/wp-content/uploads/2023/05/McDonalds-Nuggets-300x150.jpeg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBellQYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--84a71852d2523727c944d5cbb1dd7de46b0ae1a6/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/McDonalds-Nuggets-300x150.jpeg?locale=us)
Jury Burns McDonald’s Again – Hot Coffee Then, Hot Chicken Now
Jury Burns McDonald’s Again – Hot Coffee Then, Hot Chicken Now; Movie by GWU Law Grad Explains Why Fast Food Giant Should Pay
Florida Jury Finds McDonald’s Legally Liable For Burning A Child
![Hideaway at Royalton Blue Waters, die neueste Erweiterung der Blue Diamond Resorts, ist für Buchungen verfügbar: https://mms.businesswire.com/media/20191105005256/en/560437/5/Waters_logo_K.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBN0FrRUE9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--86dc47c781e95c0141ed4b69fd43770792a76d46/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/Waters_logo_K.jpg?locale=us)
Hideaway at Royalton Blue Waters, die neueste Erweiterung der Blue Diamond Resorts, ist für Buchungen verfügbar
TORONTO, May 16, 2023 (GLOBE NEWSWIRE) -- Das Hideaway at Royalton Blue Waters, An Autograph Collection All-Inclusive Resort – Adults Only, wurde vor Kurzem in das Portfolio der renommierten Blue
![PepsiCo Hits “Sweet Spot” For APAC Growth, Macros Agree: https://www.valuewalk.com/wp-content/uploads/2023/02/PepsiCo-Stock-300x150.jpeg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBK2tOYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--d8e61d77506ea46ea77e3698ee1e1aeec902d8cf/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/PepsiCo-Stock-300x150.jpeg?locale=us)
PepsiCo Hits “Sweet Spot” For APAC Growth, Macros Agree
Key Points
- Shares of PepsiCo are near all-time highs, outperforming competitors while still paying a hefty dividend yield.
- APAC CEO points to the company’s presence in the region being
![Debt Ceiling Deadline May Occur Sooner Than Later: https://www.valuewalk.com/wp-content/uploads/2023/05/Debt-300x150.jpeg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMzBKYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--daa092d9bf50091749d33274a6741666855693e4/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/Debt-300x150.jpeg?locale=us)
Debt Ceiling Deadline May Occur Sooner Than Later
In his podcast addressing the markets today, Louis Navellier offered the following commentary.
The mega cap technology stocks continue to lead the overall stock market and the seven largest
Four Banking Stocks That Aren’t Getting Crushed Amid Financial Sector Volatility
U.S. banks have been navigating a minefield of tumultuous conditions throughout much of the year, leading to a greater concern regarding the overall well-being of the American banking sector.
![Study Shows Which Investment Research Providers Are Gaining Market Share: https://www.valuewalk.com/wp-content/uploads/2023/02/Tips-To-Help-Retirees-Invest-in-Stocks-300x150.jpeg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBejdVV1E9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--3a6a200955ffcf1e25c7d18f1078f531ad952a5b/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/Tips-To-Help-Retirees-Invest-in-Stocks-300x150.jpeg?locale=us)
Study Shows Which Investment Research Providers Are Gaining Market Share
- JPMorgan and Morgan Stanley maintain the top two positions with Jefferies rising up to third place overall
- Further shifts in the top 20 league table expected as a result of regulatory
![Gold Can Hold Above $2,000 Amid Debt Ceiling Drama: https://www.valuewalk.com/wp-content/uploads/2023/05/STS-5-Copper-1.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMmNOYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--3e1a03ca50158e5f12a590ff19b7a728632cc8e6/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/STS-5-Copper-1.jpg?locale=us)
Gold Can Hold Above $2,000 Amid Debt Ceiling Drama
S&P 500 refused to decline below strong 4,115 support, and market breadth nuances together with crypto indicate that the buyers are to build on Friday‘s intraday reversal, and push through 4,136
![Further S&P 500 Lackluster Performance Leading To Deterioration: https://www.valuewalk.com/wp-content/uploads/2023/05/1-SP-500.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMUVOYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--e56684ee182de4468e9f193830fe0864765cb5aa/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/1-SP-500.jpg?locale=us)
Further S&P 500 Lackluster Performance Leading To Deterioration
S&P 500 fulfilled my overnight target of 4,149 at least, and had been having issues extending gains before the manufacturing data release. That figure grossly underperformed, and together with
![NFTfi Launches Earn Season 1: Promoting Responsible NFT Lending](/assets/news/news15-207f60e93f55a63563671c62b1e07d0bc426e50a03c286a608f29c8138f4f1de.png)
NFTfi Launches Earn Season 1: Promoting Responsible NFT Lending
Cape Town, South Africa, May 15th, 2023, Chainwire
NFTfi, a leading NFT lending platform, has launched the next phase of its loyalty program NFTfi Rewards. In Earn Season 1, users can get rewarded
![LOVESNOOPY’ Token Lists on MEXC Exchange: https://www.valuewalk.com/wp-content/uploads/2023/05/LOVESNOOPY_1684152291XuS6TMI4tk.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBem9OYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--acf1ba8f0a101ee74ff0effd8e815990cc63dfef/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/LOVESNOOPY_1684152291XuS6TMI4tk.jpg?locale=us)
LOVESNOOPY’ Token Lists on MEXC Exchange
Seattle, USA, May 15th, 2023, Chainwire
The recent surge of meme coins in the cryptocurrency market is nothing short of a phenomena, as meme coins have taken center stage in the world of
![Copa Holdings Is Looking For A Comeback, Its Dividend Agrees: https://www.valuewalk.com/wp-content/uploads/2023/05/Copa-Holdings-300x150.jpeg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBM1FMYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--347e4776f38ab3132eabd2fda731685859ce71d8/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/Copa-Holdings-300x150.jpeg?locale=us)
Copa Holdings Is Looking For A Comeback, Its Dividend Agrees
Key Points
- Copa Airlines reported its first quarter 2023 results on Wednesday after the markets closed. Investors may be in for pleasant surprises as industry-specific KPIs showcase expansion
![The Waning Power Of S&P 500 Bear Market Rally: https://www.valuewalk.com/wp-content/uploads/2023/05/STS-1-SP-500-6.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBd1FMYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--b1c3d90244caa49a1176df49d1f1b1f18b375c4d/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/STS-1-SP-500-6.jpg?locale=us)
The Waning Power Of S&P 500 Bear Market Rally
S&P 500 clear bearish progress didn‘t last in spite of PacWest Bancorp (NASDAQ:PACW) woes being as indicative of unsolved banking situation as the increased Fed loans to banks (over $90bn now
![Elon Musk Announces New Twitter CEO](/assets/news/news3-3816cd3656012f9a06bae00ff06108b383643da017a8247fff474f84ea8a7c5a.png)
Elon Musk Announces New Twitter CEO
UK economy returns to growth, Elon Musk announces new Twitter CEO
- UK GDP nudged up 0.1% in the first quarter, following forecast upgrades from Bank of England
- FTSE 100 and US market struggle
![Why is Artificial Intelligence Important? Exploring More Deeply: https://www.valuewalk.com/wp-content/uploads/2023/03/Artificial-Intelligence-AI-300x150.jpeg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBOG5ZYWc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--ff53f17b0ef5b0fa906b42b060e3c0f704f2fcd2/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/Artificial-Intelligence-AI-300x150.jpeg?locale=us)
Why is Artificial Intelligence Important? Exploring More Deeply
In recent years, artificial intelligence (AI) has become an increasingly integral part of our daily lives, transforming how we live, work, and interact. From chatbots and virtual personal
Jamie Dimon Sets Up A War Room At JPMorgan
In his Daily Market Notes report to investors, Louis Navellier wrote:
Jamie Dimon’s War Room
Banking woes continue, debt ceiling in focus, stocks giving back most of yesterday’s gains.
![S&P 500 Rally Remains Internally Vulnerable: https://www.valuewalk.com/wp-content/uploads/2023/05/STS-1-SP-500-5.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBNWNKYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--7751ac1e770d21b9d438eafe0cfaefef6522dc6b/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/STS-1-SP-500-5.jpg?locale=us)
S&P 500 Rally Remains Internally Vulnerable
S&P 500 with yields gyrated wildly on celebrating CPI and ignoring sticky core CPI yesterday, and the buyers won in the end as my four conditions weren’t met, yet market breadth watchers can‘t