News
![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
![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
![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
![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
![Bybit Revs Up Its Sponsorship Game: Backing Safehouse Racegraph in Lamborghini Super Trofeo Asia: https://www.valuewalk.com/wp-content/uploads/2023/05/alambo4_1683798263uQ1lkYwQtX-300x180.jpeg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBNjRJYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--b38838f15922cb5374a228c86059d0b078166fd3/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/alambo4_1683798263uQ1lkYwQtX-300x180.jpeg?locale=us)
Bybit Revs Up Its Sponsorship Game: Backing Safehouse Racegraph in Lamborghini Super Trofeo Asia
DUBAI, United Arab Emirates, May 11th, 2023, Chainwire
Bybit, the world’s third most visited crypto exchange, is proud to announce its official sponsorship of the Safehouse Racegraph Lamborghini
![From First Lady to Millions: Michelle Obama’s Net Worth Revealed: https://www.valuewalk.com/wp-content/uploads/2023/05/michelle-obama-pay-300x150.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBOHNIYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--42fcadcc4df9b4b702c39e71439e6b177fe88ae6/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/michelle-obama-pay-300x150.jpg?locale=us)
From First Lady to Millions: Michelle Obama’s Net Worth Revealed
From the South side of Chicago to the White House and beyond, Michelle Obama has become a global icon of success and inspiration – but how much has she earned along the way? Let’s delve into the
![High Odds Of A Day In The Black For S&P 500: https://www.valuewalk.com/wp-content/uploads/2023/05/STS-1-breadth.png](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBOHdIYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--40e553d0a983b17f9fdc0c1cb85d210d99cc1cf7/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/STS-1-breadth.png?locale=us)
High Odds Of A Day In The Black For S&P 500
S&P 500 and especially bonds closed on a cautious basis yesterday, clearly positioned for a hawkish surprise in the run up to the CPI release. While headline delivered solidly on disinflation
PayPal Tumbles on Slashed Margin Outlook
PayPal (NASDAQ:PYPL) shares fell on Tuesday despite the payment company delivering better-than-expected Q1 results and raising the full-year profit forecast.
Analysts were mostly cautious on
![Venom To Launch A Blockchain Hub With Kenyan Government](/assets/news/news15-207f60e93f55a63563671c62b1e07d0bc426e50a03c286a608f29c8138f4f1de.png)
Venom To Launch A Blockchain Hub With Kenyan Government
Abu Dhabi, UAE, May 10th, 2023, Chainwire
Venom Foundation has announced a strategic partnership with the Government of Kenya to establish a “blockchain hub” in Africa, focusing on the development
![A Choppy Day With Bearish Bias Ahead For S&P 500: https://www.valuewalk.com/wp-content/uploads/2023/05/STS-1-SP-500-breadth.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBOUFGYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--29eae437c355e76ef90806c633474be03b7fbcd0/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/STS-1-SP-500-breadth.jpg?locale=us)
A Choppy Day With Bearish Bias Ahead For S&P 500
S&P 500 day of indecision lends more support to the bearish case, and the sellers are likely to appear with more force and somewhat better success today. The weak seasonality together with hawkish
![Barack Obama’s Net Worth: How Much Is He Really Worth?: https://www.valuewalk.com/wp-content/uploads/2023/04/mr-obama-net-worth-300x150.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBN1VGYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--6ada3662c4101bbb8c93db8de8f0eb854a4614e3/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/mr-obama-net-worth-300x150.jpg?locale=us)
Barack Obama’s Net Worth: How Much Is He Really Worth?
Barack Obama, former President of the USA and Nobel prize winner, is followed and considered an idol by many young people. Wandering what is his net worth and where his wealth has come from. From
![S&P 500 Is Dependent On Big Tech Beyond Apple: https://www.valuewalk.com/wp-content/uploads/2023/05/STS-1-SP-500-2-1.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBOG9EYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--3017446c77b68be543256177ac8dd7c9fd183dc9/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/STS-1-SP-500-2-1.jpg?locale=us)
S&P 500 Is Dependent On Big Tech Beyond Apple
S&P 500 took advantage of Thursday‘s technicals, rode Apple Inc (NASDAQ:AAPL) coattails, and shook off positive NFPs while ignoring prior one‘s downward revision. The weak internals though haven‘t
26 Ways To Simplify Your Financial Life – While Saving Astronomical Amounts Of Money
Interested in simplifying your financial life? You’re not alone. After all, most people’s finances are too complicated. As a result, other parts of their lives get affected.
Procrastination and
![The Restrict Act: Thank You For Taking My Warning Seriously… Here’s Part 2: https://www.valuewalk.com/wp-content/uploads/2023/05/The-Restrict-Act-300x150.jpeg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMUVDYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--da7f795b1a86365c5078714a2547f5658976bea0/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/The-Restrict-Act-300x150.jpeg?locale=us)
The Restrict Act: Thank You For Taking My Warning Seriously… Here’s Part 2
Two ways the RESTRICT Act could limit your personal freedoms… This common tool could make you a criminal… Big tech is under threat… Here’s the solution…
Introduction To The Restrict Act
- I’ve
![Return on Invested Capital: One Metric To Rule Them All: https://www.valuewalk.com/wp-content/uploads/2023/05/Return-on-Invested-Capital-For-Intuit.jpeg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMGdDYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--ab727c2f26ddf6a2379a34f8a42429273f48c3bf/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/Return-on-Invested-Capital-For-Intuit.jpeg?locale=us)
Return on Invested Capital: One Metric To Rule Them All
If I were only able to analyze a single metric before investing in a company it would be ROIC (Return on Invested Capital). Fundamentally, a company creates value by taking capital from investors
![Pent Up Bottom Buying Demand For S&P 500: https://www.valuewalk.com/wp-content/uploads/2023/05/STS-1-SP-500-4.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBL1VCYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--476db2c93122fd058e2cd17dcb6fbb55eb138e49/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/STS-1-SP-500-4.jpg?locale=us)
Pent Up Bottom Buying Demand For S&P 500
S&P 500 continued the real FOMC move, which points down as befits tightening into slowing economy on simultaneous proclamations of strong banks. Short end of the yield curve didn‘t really budge
![Sensorium Unveils Sensorium Arc – A New Decentralized Platform for the Web3 Era: https://www.valuewalk.com/wp-content/uploads/2023/05/Arc_02_1683275912xe6cAWfvN3-300x180.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBOGdCYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--af6606529266190cc95e9284367fb76622490457/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/Arc_02_1683275912xe6cAWfvN3-300x180.jpg?locale=us)
Sensorium Unveils Sensorium Arc – A New Decentralized Platform for the Web3 Era
Dubai, UAE, May 5th, 2023, Chainwire
Sensorium, the Swiss tech developer behind the Sensorium Galaxy metaverse, is today announcing the development of Sensorium Arc — a decentralized platform
![Liz Cheney Net Worth Revealed: A Look Inside Her Wealth: https://www.valuewalk.com/wp-content/uploads/2023/04/what-is-liz-cheneys-net-worth-300x150.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMThBYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--28dc90019b9141be901b1f8bd2054130b793b606/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/what-is-liz-cheneys-net-worth-300x150.jpg?locale=us)
Liz Cheney Net Worth Revealed: A Look Inside Her Wealth
Liz Cheney is the renowned eldest daughter of former Vice President Dick Cheney and also a successful politician in her own right. She has served as Wyoming’s only U.S. House Representative for
![FOMC Conference Leads To S&P 500 Selloff: https://www.valuewalk.com/wp-content/uploads/2023/05/STS-1-SP-500-3.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMkVBYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--082ab7ea60ed3972f5e586adf4147cc3a9089ac9/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/STS-1-SP-500-3.jpg?locale=us)
FOMC Conference Leads To S&P 500 Selloff
S&P 500 followed my path into the FOMC announcement (spike) and conference (ultimately selloff), no matter how opaque the statements had been up till it became clear that June is actually, really a
![Revealed: Mitch McConnell Net Worth and How He Made His Millionshttp://www.flickr.com/photos/26137033@N04/2510041943/sizes/m/in/photostream/: All rights reserved by Techreef](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBcXdCIiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--888d08c604372321f074c93b1f405365eb0a80ac/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/Microsoft.jpg?locale=us)
Revealed: Mitch McConnell Net Worth and How He Made His Millions
From small-town Kentucky to the halls of Washington, Mitch McConnell’s journey through the political arena is truly impressive. But what about his net worth? It’s a number that’s sure to surprise
![S&P 500 Suffers On Bad Banking News – Fed’s Hawkish Surprise: https://www.valuewalk.com/wp-content/uploads/2023/05/STS-1-SP-500-2.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBOHo5YWc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--fd47e4d68504e44fd21396acc8a36337bf598e78/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/STS-1-SP-500-2.jpg?locale=us)
S&P 500 Suffers On Bad Banking News – Fed’s Hawkish Surprise
S&P 500 suffered on more bad banking news, but the bears couldn‘t keep the selling going – I correctly didn‘t trust bonds to send ES through 4,115. Overall, the yield curve reflected renewed Fed