RY 156.04 -0.032% TD 79.81 -0.4615% SHOP 99.81 0.9303% CNR 158.79 0.6401% ENB 53.84 0.4478% CP 111.87 0.8019% BMO 112.71 0.7419% TRI 225.62 0.396% CNQ 50.46 2.4777% BN 67.8 1.194% ATD 76.93 -1.0674% CSU 4321.5298 0.3257% BNS 67.27 1.3102% CM 78.76 1.5603% SU 54.66 -1.1037% TRP 62.42 1.2162% NGT 70.54 0.2558% WCN 251.32 0.3153% MFC 36.65 -0.0818% BCE 47.21 0.3187%
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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