MSFT 416.22 -0.2182% AAPL 223.91 -1.2655% NVDA 122.815 3.3361% GOOGL 166.09 0.1387% GOOG 167.45 0.0837% AMZN 182.3099 -1.3261% META 580.2458 1.2981% AVGO 171.38 0.4219% TSLA 239.66 -3.7587% TSM 179.39 2.0421% LLY 885.155 -0.6638% V 276.71 -0.1047% JPM 204.95 -1.1289% UNH 590.85 -0.2465% NVO 115.54 -0.807% WMT 80.375 -0.0684% LVMUY 145.6 -1.3951% XOM 122.2502 0.6009% LVMHF 728.32 -0.7684% MA 494.56 -0.2038%
Company Overview: NG Energy International Corp. (TSXV: GASX) is a company in the oil and gas industry, specializing in the exploration and development of oil and gas resources. Twin Vee PowerCats Co. (NASDAQ: VEEE) is a designer, manufacturer, and marketer of recreational and commercial power catamaran boats. The Company operates through three segments: Gas-powered Boats, Electric-Powered Boats, and Franchise. This Report covers the Price Action, Technical Indicators Analysis along with the Stop Loss Levels, Target Prices, and Recommendations on these two stocks.
Global Markets Wrap-Up
On May 23, 2024, the S&P 500 index settled at 5267.84 with a week till date loss of 0.76%; however, the tech-heavy NASDAQ composite increased by ~0.30% on a WTD basis and settled at 16736.03 while, Russell 2000 settled at 2048.41, reflecting a loss of ~2.26% on WTD basis.
Considering the Canadian market, the benchmark S&P/TSX Venture Composite Index (TSX: ^JX) started the week on a negative note and continued the momentum. On May 23, 2024, the index closed at 438.36 with an overall week-to-date (WTD) loss of 3.02%. Energy and consumer cyclical were the leading sectors, while healthcare, financials, basic materials, technology, industrials, real estate, and consumer non-cyclicals were the laggards on Thursday.
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