The breakout above key resistance and the reversal of the VIX suggest that the recent correction is over. But there is a decent probability of another correction before November.
The big US stocks dominating markets and investors’ portfolios continue to thrive.
The released minutes of the European Central Bank’s April meeting confirm that the Bank will start cutting rates at the June meeting, barring any major surprises over the next four weeks.
It appears to be déjà vu all over again! The Canadian Cannabis LPs Portfolio has dropped by 30.5% since April 30th as a result of the 6.9% decline in the Portfolio last week.
The 7 AI categories we track went up marginally (1.0%, on average) the second week of May, after having gone down 0.4% the previous week.
A lot obviously hangs on next week’s US inflation update.
Xerox Holdings Corp (XRX) is an original equipment manufacturing and software company. Over the past year, Xerox's share price fell over 7.8% from $14.78 to $13.62 as of Thursday’s market close.