Company Overview: Full House Resorts, Inc. (NASDAQ: FLL) owns, leases, operates, develops, manages, and invests in casinos and related hospitality and entertainment facilities. Viracta Therapeutics, Inc. (NASDAQ: VIRX) is a precision oncology company engaged in treating and preventing virus-associated cancers. This Report covers the Price Action, Technical Indicators Analysis along with the Target Levels, Stop Loss, Support Levels, Resistance Levels, and Recommendations on these two stocks.
US Markets Round-Up
This week, the Russell 3000 index, an important benchmark of the US stock market across market capitalizations, started positively and traded with a positive bias for the entire week. The index made a high of 2410.115 during the week and settled at 2407.794 with a week-to-date (WTD) gain of ~1.89 percent on May 18, 2023. Other major indices, such as S&P 500 and NASDAQ Composite witnessed positive movement for the week. On May 18, 2023, the S&P 500 index settled at ~4198.06 with a WTD gain of ~1.79 percent, while the NASDAQ Composite Index settled at 12688.838 with a WTD gain of ~3.29 percent.
As per the data released by the US Department of Labor, the Unemployment Insurance Weekly Claims decreased to 242k from 264k in the prior week and supported an upside movement.
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