News
![Banking On Change: A Visual Guide To Bank Closures (2001-2023): https://www.valuewalk.com/wp-content/uploads/2023/05/Guide-To-Bank-Closures-IG.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMGtnYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--25bbee48b0148b44c12d11e8560dda297852a69b/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/Guide-To-Bank-Closures-IG.jpg?locale=us)
Banking On Change: A Visual Guide To Bank Closures (2001-2023)
Tastylive, one of the fastest growing online global financial networks, today unveils a comprehensive infographic charting Federal Deposit Insurance Corporation (FDIC) data on bank closures and
![Bumper’s Breakthrough DeFi Protocol Set to Reshape Options Pricing: https://www.valuewalk.com/wp-content/uploads/2023/05/imageedit_2_3411670161_1685531273hA1ICLC3D5-300x180.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBd3NnYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--0d02f725f6c1c5fd73a79f6e035009fe53336b93/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/imageedit_2_3411670161_1685531273hA1ICLC3D5-300x180.jpg?locale=us)
Bumper’s Breakthrough DeFi Protocol Set to Reshape Options Pricing
London, United Kingdom, May 31st, 2023, Chainwire
Marking a seismic shift in the digital asset landscape, DeFi platform Bumper today unveiled the findings of their comprehensive simulation
![The All-American Cloud Service Company Offering A Budget-Friendly Alternative To Big Tech’s Monopolyhttp://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)
The All-American Cloud Service Company Offering A Budget-Friendly Alternative To Big Tech’s Monopoly
Uppity AI/ML tools have been hogging the digital limelight as of late. However, all the hubbub over them can’t detract from one of the modern internet’s true pillars – cloud technology. In many
![AI Boom Is Contributing To The Tech Stocks Strengthhttp://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)
AI Boom Is Contributing To The Tech Stocks Strength
In his podcast addressing the markets today, Louis Navellier offered the following commentary.
If you wish to listen to this commentary, please click here.
Pivotal OPEC Meeting
The OPEC+
![MetaZone Secures Funding to Expand the World’s First Tokenized App Platform for the Metaverse: https://www.valuewalk.com/wp-content/uploads/2023/05/MZ_Invest_1685064079DOjSBpFmtG-300x180.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBM2tlYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--3ea3afb6ade1bdeb7b0c8f6510c73ecb8d04e894/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/MZ_Invest_1685064079DOjSBpFmtG-300x180.jpg?locale=us)
MetaZone Secures Funding to Expand the World’s First Tokenized App Platform for the Metaverse
Singapore, Singapore, May 30th, 2023, Chainwire
MetaZone announced today the completion of its US$3 million seed round co-led by metaverse industry leaders, Sfermion and CMT Digital, to expand
![S&P 500 No Selling The Deal?: https://www.valuewalk.com/wp-content/uploads/2023/05/XRT.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMkllYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--3c579c0a3304edb523b3da4eb922d3bb08fe1c5d/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/XRT.jpg?locale=us)
S&P 500 No Selling The Deal?
Debt ceiling tentative agreement optimism continued into Memorial Day, and S&P 500 opened the Globex session with a bullish gap, which the sellers (unsuccessfully) attempted to close, and the true
![AI Boom: Don’t Miss Out, But Avoid The Frenzy: https://www.valuewalk.com/wp-content/uploads/2023/05/AI-Boom-300x150.jpeg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMUFlYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--cdd8146cdc70b8da6d61c01a9293eecd72a3afdd/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/AI-Boom-300x150.jpeg?locale=us)
AI Boom: Don’t Miss Out, But Avoid The Frenzy
Investors must take a cautious approach to the Artificial Intelligence (AI) boom to avoid getting ‘burned’, warns a serial tech entrepreneur and the CEO and founder of one of the world’s largest
![Erwähnung von Stonebranch im Gartner®-Bericht Data and Analytics Essentials: DataOps 20231xbit:](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBOGI5SXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--7533e7bad007620340300e62da3d324b8cc03707/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/1xbit800x500.png?locale=us)
Erwähnung von Stonebranch im Gartner®-Bericht Data and Analytics Essentials: DataOps 2023
Stonebranch wird als DataOps-Orchestrator erwähnt, da es vorhandene Daten- und Analysetools koordiniert, um essenzielle Pipeline-Operationen und Beobachtungsmöglichkeiten bereitzustellen
ALPHARETTA
![Bitcoin.com’s VERSE Token Now Available for Trading on Kucoin](/assets/news/news7-ff65ae96e2a4b99929975e34f30f51b3393455f312fc86852d9fc8020c5054eb.png)
Bitcoin.com’s VERSE Token Now Available for Trading on Kucoin
Tokyo, Japan, May 29th, 2023, Chainwire
Bitcoin.com’s ecosystem token, VERSE, has been listed on Kucoin, a top-tier cryptocurrency exchange platform known for being the home of crypto gems
![Could Gold Miners Finally Stop Sliding?!: https://www.valuewalk.com/wp-content/uploads/2023/05/Gold-Miners-1.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBelFjYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--c3473bcd1a62514ecc8a58783bd2d1b73e39b74f/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/Gold-Miners-1.jpg?locale=us)
Could Gold Miners Finally Stop Sliding?!
Of course, they could. But will they? Are they likely to? RSI below 30 seems to be saying so, but…
There are many factors that one needs to consider when analyzing any market. Looking at a
![S&P 500 Rally To Continue On Core PCE Figure: https://www.valuewalk.com/wp-content/uploads/2023/05/STS-1-SP-500-12.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBd1VjYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--da2c6ca67ecb979caeda6a7d806f9b51893f1015/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/STS-1-SP-500-12.jpg?locale=us)
S&P 500 Rally To Continue On Core PCE Figure
First 4,136 served as S&P 500 support, then 4,154 – stocks disregarded weak bond market posture, and half of the intraday progress in driving non-tech stocks lower, was lost. Yesterday was special
![Cerus Markets Announces 400:1 Leverage Update: https://www.valuewalk.com/wp-content/uploads/2023/05/CerusMarkets-400-1Leverage_1200x720_1_16850053681RTEn4cVLP-300x180.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMUViYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--93cfd26757d10abb4138e9d1c27b0f5555e03e35/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/CerusMarkets-400-1Leverage_1200x720_1_16850053681RTEn4cVLP-300x180.jpg?locale=us)
Cerus Markets Announces 400:1 Leverage Update
Labuan, Malaysia, May 26th, 2023, Chainwire
Cerus Markets is thrilled to announce an exciting update to its leverage options for non-crypto instruments. Effective immediately, Cerus Markets
![Is Inflation Slowing Down From Higher Interest Rates?: https://www.valuewalk.com/wp-content/uploads/2023/05/Higher-Interest-Rates-300x150.jpeg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBejhiYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--13604bcd88ce47ab7204cdbe743ccbb0df2f9fbe/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/Higher-Interest-Rates-300x150.jpeg?locale=us)
Is Inflation Slowing Down From Higher Interest Rates?
Many people are wondering if the higher interest rates set by the Federal Reserve are slowing inflation. For nine months straight, the annual inflation rate has been decreasing. However, the
![S&P 500 Back in the Range – For Now: https://www.valuewalk.com/wp-content/uploads/2023/05/STS-1-SP-500-11.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBN2NhYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--aaddb418022edb484cf0b89d6f75d54fbe149fc1/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/STS-1-SP-500-11.jpg?locale=us)
S&P 500 Back in the Range – For Now
S&P 500 tumbled right through my 4,154 support, reaching all the way to another key milestone of 4,115. Heavy selling across the board, and my key metrics of XLF, XRT, XLI, XLB and IWM stumbled
![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
![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
![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