Internet Bull Report : The Weekly Bull Report – April 18, 2021 🗞

Welcome to the 146th edition of The Weekly Bull Report.

Markets continue to rise to record levels. Zero fear in almost all asset classes is ludicrous.

Here’s a shortlist of the content we found interesting and informative over the past week…

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🤔 Interesting Articles & News:

POLITICS

ECONOMICS

CULTURE

SOCIETY

TECHNOLOGY

MEDICINE & SCIENCE

CANNABIS & PSYCHEDELICS

SPORTS




💲 Noteworthy Stocks & Assets:

  • Dogecoin (XDG) hit an all-time high of $0.44, reaching a market cap of $44B. Originally created in 2013 as a meme to mock the overabundance of altcoins, the value of Dogecoin has skyrocketed 534% week-over-week, and 19,390% year-over-year.
  • Bitcoin price falls $8K to 3-week low, Altcoins crash.
  • The highly-anticipated Aphria (NASDAQ:APHA)-Tilray (NASDAQ:TLRY) merger is expected to close on April 20.

Earnings:

Economic reports due out next week include the latest updates on existing home sales, new home sales, jobless claims and PMI. Big earnings reports blast in every day next week across sectors. Of note, the follow-up conference calls from Coca-Cola (NYSE:KO), Netflix (NASDAQ:NFLX) and Intel (NASDAQ:INTC) could be on the interesting side. On the vaccine front, the Centers for Disease Control and Prevention’s Advisory Committee on Immunization Practices is expected to meet late next week to consider recommendations for Johnson & Johnson’s (NYSE:JNJ) shot, which has been linked to rare blood clots in the brain.

Earnings season heats up in a big way with reports due in from Coca-Cola (KO), IBM (NYSE:IBM) and United Airlines (NASDAQ:UAL) on April 19; Johnson & Johnson (JNJ), Procter & Gamble (NYSE:PG), Philip Morris International (NYSE:PM), Abbott Labs (NYSE:ABT) and Netflix (NFLX) on April 20; Anthem (NYSE:ANTM), Verizon (NYSE:VZ), Chipotle (NYSE:CMG) and Lam Research (NASDAQ:LRCX) on April 21; AT&T (NYSE:T), Dow (NYSE:DOW), Intel (INTC), Seagate Tech (NASDAQ:STX) and Mattel (NASDAQ:MAT) on April 22; as well as American Express (NYSE:AXP) and Honeywell (NYSE:HON) on April 23.

IPOs expected to start trading this week:

IPOs expected to start trading during the week include UiPAth (PATH), DoubleVerify (DV) and NeuroPace (NPCE) on April 20, as well as Zymergern (ZY) and KnowBe4 (KNBE) on April 22. IPO lockup periods expire on Datto Holding (NYSE:MSP), Topaz Energy (NYSE:TPZ), McAfee (NASDAQ:MCFE), Guild Holdings (NYSE:GHLD), Foghorn Therapeutics (NASDAQ:FHTX) and ComSovereign Holding (NASDAQ:COMS). The analyst quiet period expires on ThredUp (NASDAQ:TDUP) on April 20 to free up analysts to post ratings. Shares of Trip.com (NASDAQ:TRIP) will begin trading in Hong Kong next week following a new listing.

What Moved The Markets Last Week:

U.S. Indices
Dow +1.2% to 34,201. S&P 500 +1.4% to 4,185. Nasdaq +1.1% to 14,052. Russell 2000 +1.0% to 2,266. CBOE Volatility Index -2.6% to 16.25.

S&P 500 Sectors
Consumer Staples +1.3%. Utilities +3.7%. Financials +0.7%. Telecom 0.1%. Healthcare +2.9%. Industrials +0.6%. Information Technology +1.1%. Materials +3.2%. Energy +0.2%. Consumer Discretionary +2.%.

World Indices
London +1.5% to 7,020. France +1.9% to 6,287. Germany +1.5% to 15,460. Japan -0.3% to 29,683. China -0.7% to 3,427. Hong Kong +1.1% to 29,009. India -1.5% to 48,832.

Commodities and Bonds
Crude Oil WTI +6.3% to $63.08/bbl. Gold +1.9% to $1,776.9/oz. Natural Gas +6.3% to 2.686. Ten-Year Treasury Yield +0.4% to 132.3.

Forex and Cryptos
EUR/USD +0.76%. USD/JPY -0.77%. GBP/USD +0.96%. Bitcoin +3.9%. Litecoin +25.6%. Ethereum +16.7%. Ripple +18.4%.

Top Stock Gainers
China Green Agriculture (NYSE:CGA) +69%. Ballantyne Strong (NYSEMKT:BTN) +63%. General Finance (NASDAQ:GFN) +62%. Mackinac Financial (NASDAQ:MFNC) +54%. PLBY Group (NASDAQ:PLBY) +49%.

Top Stock Losers
Tian Ruixiang Holdings (NASDAQ:TIRX) -82%. GreenBox POS (NASDAQ:GBOX) -40%. KLX Energy Services Holdings (NASDAQ:KLXE) -40%. Sequential Brands (NASDAQ:SQBG) -38%. Briacell Therapeutics (NASDAQ:BCTX) -37%.


🎯 Stocks On Our Radar:


🏆 Quotes That Inspire Us:

”By working faithfully eight hours a day you may eventually get to be boss and work twelve hours a day.” – Robert Frost


📖 Word Of The Week:

Placate (pla·cate) verb To appease or pacify; make (someone) less angry or hostile. “The customer service representative tried to placate the dissatisfied customer.”


Did You Know:

Mosquitos have 47 teeth. 🦟

The human nose can remember 50,000 different scents. 👃

Bullfrogs do not sleep. 🐸

A snail breathes through its foot. 🐌


📚 Books We Are Reading:

  1. The Real Business of Blockchain by David Furlonger & Christophe Uzureau
  2. The Connector Manager: Why Some Leaders Build Exceptional Talent – and Others Don’t by Jaime Roca and Sari Wilde
  3. The ONE Thing: The Surprisingly Simple Truth Behind Extraordinary Results by Gary Keller and Jay Papasan
  4. Change by Design: How Design Thinking Transforms Organizations and Inspires Innovation by Tim Brown
  5. Payoff: The Hidden Logic That Shapes Our Motivations by Dan Ariely

🤣 One-Liners:

sustainability-climate-green-washing-internet-bull-report


📽 A Must Watch & Listen:

Jimmy Lai is the billionaire owner of Hong Kong’s last opposition newspaper, Apple Daily, and an outspoken critic of Beijing. Now sentenced to prison. Here’s his last interview as a free man.

Fadi Abuali, CEO of Goldman Sachs Asset Management International, explains the four megatrends in the retail investing space.


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Our very best wishes for a brilliant upcoming week! 💪

Respectfully yours,

The IBR Team

 

Please send any news, comments, or stock ideas to jeff@internetbullreport.com and follow IBR on Twitter @IBullReport Resultado de imagen de twitter logo

All content provided by Internet Bull Report is for informational and educational purposes only and is not meant to represent trade or investment recommendations.

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Contrarian's Mind

Born in Toronto Lived in Nassau,Bahamas - Palm Beach,Florida - Las Vegas,Nevada and now residing in beautiful Barcelona,Spain. I back bright entrepreneurs with big ideas related to Artificial Intelligence, Machine Learning, realtime platforms and price discovery. Make everyday remarkable!