News
![S&P 500 Fine Selling Initiative: https://www.valuewalk.com/wp-content/uploads/2023/05/STS-1-SP-500-10.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBeFlaYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--ee0471f82415efb9f24cb483c82dfd0137e7ba1c/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/STS-1-SP-500-10.jpg?locale=us)
S&P 500 Fine Selling Initiative
S&P 500 buyers weren‘t really present yesterday, and the session finally finished on a strong, one-sided bearish note with all four conditions of mine (linked to) met. Dr copper was simply right in
![Is There Value Left in Lyft Stock?: https://www.valuewalk.com/wp-content/uploads/2023/05/LYFT.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBOXdYYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--5717f3da2bd557308406a41d03e065e1d2f61384/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/LYFT.jpg?locale=us)
Is There Value Left in Lyft Stock?
Key Points
- Lyft’s New CEO onboards and announces layoffs and cost-cutting measures to finance ride price cuts.
- Lyft implemented a 26% workforce reduction cutting 1,072 employees and
![Alarming Number of Working Americans Cash Out Retirement Accounts When Changing Jobs](/assets/news/news14-e52b56a6adda780de8ab40d75cabe14dcfa77fc9676e986401297a29e68c991e.png)
Alarming Number of Working Americans Cash Out Retirement Accounts When Changing Jobs
The very essence of a retirement nest egg lies in the concept of patient growth and compounding of investments over time. Its purpose is to offer a bountiful reserve of funds when one bids farewell
![Be On The Lookout For The Flattening Treasury Yield Curve: https://www.valuewalk.com/wp-content/uploads/2023/05/Treasury-Yield-Curve-300x150.jpeg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBNDBYYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--f94baa0f44ba27d65c7adabadf41d7182a09baf0/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/Treasury-Yield-Curve-300x150.jpeg?locale=us)
Be On The Lookout For The Flattening Treasury Yield Curve
In his podcast addressing the markets today, Louis Navellier offered the following commentary.
Ford Motor Co (NYSE:F) announced this week that it has secured lithium supply deals with Albemarle
![S&P 500 Correction Starts: https://www.valuewalk.com/wp-content/uploads/2023/05/STS-1-SP-500-9.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMm9YYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--bbb537dee6f34343c8102f6fdff4f41da3a58aad/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/STS-1-SP-500-9.jpg?locale=us)
S&P 500 Correction Starts
S&P 500 rejected further upside, and is ready for correction within this upswing – the correction characteristics would determine the path forward as hearing Bullard talk two more rate hikes
![Why You Should Consider Buying Nvidia Ahead Of Earningshttp://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)
Why You Should Consider Buying Nvidia Ahead Of Earnings
Key Points
- Demand for shares has been heating up.
- The company has emerged as an early leader in the AI battle.
- Next week’s earnings are likely to hold a considerable upside surprise.
![Debt Ceiling Negotiations Cause Treasury Bond Yields To Meander Higher: https://www.valuewalk.com/wp-content/uploads/2023/05/Treasury-Bond-Yields-300x150.jpeg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBL2tWYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--b19581c82c69be53cb2d81ec7d216580d3077b59/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/Treasury-Bond-Yields-300x150.jpeg?locale=us)
Debt Ceiling Negotiations Cause Treasury Bond Yields To Meander Higher
In his podcast addressing the markets today, Louis Navellier offered the following commentary.
Big Day for Energy
The energy disruption from the massive forest fires in Alberta is reducing
![Jobs Continue To Grow And Here Is What You Should Do!: https://www.valuewalk.com/wp-content/uploads/2023/05/Apple.png](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBK01WYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--ce169d66ab721d028ee013846548bdb8255a26e4/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/Apple.png?locale=us)
Jobs Continue To Grow And Here Is What You Should Do!
The US jobs market has shown resilience despite the slow growth and high-interest rate environment. The US Jobless Claims further dropped by 22,000 to 242,000, which beat the Reuters poll of
![S&P 500 Is Likely To Consolidate The Breakout: https://www.valuewalk.com/wp-content/uploads/2023/05/STS-5-Copper-2.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBOG9WYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--03f1630a223dedc8eddc1a0e7a5dcfb21582d4ce/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/STS-5-Copper-2.jpg?locale=us)
S&P 500 Is Likely To Consolidate The Breakout
S&P 500 breakout or fakeout? I was in favor of breakout and its retest Friday. Not even debt ceiling resolution stumble or Powell talking about not needing to raise rates too much given the
![Immutable and MetaStudio Announce Partnership to Enhance the Gaming Metaverse: https://www.valuewalk.com/wp-content/uploads/2023/05/ms-immutable_1684519314TxKCdnGY5O-300x180.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMGtWYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--299e7fb76c37898344bbe11e3ad5989eb39f05c1/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/ms-immutable_1684519314TxKCdnGY5O-300x180.jpg?locale=us)
Immutable and MetaStudio Announce Partnership to Enhance the Gaming Metaverse
Braga, Portugal, May 22nd, 2023, Chainwire
MetaStudio, a renowned Portuguese game studio, has announced a new partnership with Immutable, a leading Ethereum Layer 2 scaling solution provider
![It’s Time To Take Another Bite Of Take-Two Interactive: https://www.valuewalk.com/wp-content/uploads/2023/05/Take-Two-Interactive.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMWNVYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--23138a4ead8be0cf28912c4acc1c83bb07df1fb7/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/Take-Two-Interactive.jpg?locale=us)
It’s Time To Take Another Bite Of Take-Two Interactive
Key Points
- Take-Two Interactive had a strong quarter, with bookings above target.
- The analysts are raising their targets and driving the stock price higher.
- A robust pipeline of games
![S&P 500: A Breakout Or Fakeout: https://www.valuewalk.com/wp-content/uploads/2023/05/STS-1-SP-500-8.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBeFlVYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--90f54019579fb0b956ab1c1d1971b171469ba81b/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/STS-1-SP-500-8.jpg?locale=us)
S&P 500: A Breakout Or Fakeout
S&P 500 recovered from the opening setback reasonably fast, and had reached 4,188 before getting rejected. Temporarily rejected, and soon back on the way to 4,209. Stock market improvement was that
![Netflix – Kurz vorm nächsten Rallyeschub: https://blog.onemarkets.de/wp-content/uploads/2023/05/19052023_Netflix_Tag-720x431.png](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBN2dUYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--9049879631f871100101287bc5e2aba68741db1c/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/19052023_Netflix_Tag-720x431.png?locale=us)
Netflix – Kurz vorm nächsten Rallyeschub
Am Donnerstag legte die Netflix-Aktie im um rund 9 Prozent zu und bekräftigt eine seit Mai letzten Jahres laufende Erholungsbewegung. Sollten weitere Kapitalzuflüsse das Papier stützen, könnte der
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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
![Paul Tudor Jones: A ‘Really Good Chance’ We’ll Be On The Verge Of Recession In Q3: https://www.valuewalk.com/wp-content/uploads/2023/05/Paul-Tudor-Jones-300x150.jpeg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBeDhSYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--96a90495722ccda4713379a15bb85363f24d3e2d/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/Paul-Tudor-Jones-300x150.jpeg?locale=us)
Paul Tudor Jones: A ‘Really Good Chance’ We’ll Be On The Verge Of Recession In Q3
Following is the unofficial transcript of a CNBC exclusive interview with Tudor Investment Corporation Founder & CIO and Robin Hood Foundation Founder Paul Tudor Jones on CNBC’s “Squawk Box” (M-F
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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
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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
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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
![Entrepreneurship Rankings By Country And States](/assets/news/news2-a19c21d90ec8043c932052617f43da76ea8e48ecd096318e237ea24d69a5c8b8.png)
Entrepreneurship Rankings By Country And States
Shopify launched its Shopify Entrepreneurship Index today ranking the top 40 countries and all 50 states based on the economic impact of the millions of entrepreneurs in its ecosystem-measured by
![Conflux and China Telecom debut first on-chain interaction with Blockchain SIM card: https://www.valuewalk.com/wp-content/uploads/2023/05/2_BSIM_1683892030xG4YGGE0DG-300x180.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBeFVPYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--c5f175261c579390cd99be4c3c74b08adef87987/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/2_BSIM_1683892030xG4YGGE0DG-300x180.jpg?locale=us)
Conflux and China Telecom debut first on-chain interaction with Blockchain SIM card
Toronto, Canada, May 16th, 2023, Chainwire
Conflux Network, the first regulatory compliant public blockchain in China and global communications network, China Telecom, today unveiled its jointly
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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
![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