Welcome to the 239th edition of The Weekly Bull Report.🤗
Hello from Dubai, the land of huge opportunities.
Here’s a shortlist of the content we found interesting and informative over the past week…
🤔 Interesting Articles & News:
POLITICS
- Foreign states conduct high-risk staff evacuation from Sudan. 🏃♂️
- Biden team works to finalize reelection plans as polls show tepid support for a 2024 bid.
- Fact check: Biden’s claim that ‘you’re not allowed’ to own a flamethrower or machine gun isn’t true in most states. 🔥
ECONOMICS
- Ray Dalio: Founder of the world’s largest hedge fund sets up family office in Abu Dhabi. 💲
- Chairman and CEO letter from Jamie Dimon, JPMorgan Chase.
CULTURE
- Bill Maher gives ‘Cojones Awards’ to those who fought cancel culture.
- Phil Jackson says he doesn’t watch NBA now because it’s too political, woke with BLM messages. ✊🏿
SOCIETY
- A woman spends 500 days alone in a cave – how extreme isolation can alter your sense of time.
TECHNOLOGY
- Barcelona hospital performs the world’s first fully robotic lung transplant. 🏥
- ChatGPT Can Help Doctors—and Hurt Patients. 🤖
MEDICINE & SCIENCE
- America’s decline in life expectancy speaks volumes about our problems. 👵
- Exercise or Neuromuscular Stimulation in Type 2 Diabetes?
- ‘Singing’ plants? Researchers discover plants make high-frequency noise—And it sounds like this.🪴
- ‘Brain Aging’ may link heart disease and dementia risk.
- Scientists merge biology and technology by 3D printing electronics inside living worms. 👨🔬👩🔬
- Hearing or seeing birds has a positive effect on mental health.
NUTRITION & MICROBIOME
- Cardiff scientists look at honey as a drug alternative. 🍯
- Why scientists are obsessing over the bugs in our stool.
- EVOO improves brain protection in cases of mild cognitive impairment. 🧠
- Black Seed Oil evaluated for chronic inflammation.
CANNABIS & PSYCHEDELICS
- European ‘shamans’ took psychedelic drugs 3,000 years ago.
SPORTS
- Barça president: club never paid for competitive advantage.⚽
- Gerda Steyn powers through to shatter Two Oceans’ record yet again.🏃♀️
- Jalen Hurts gets record-breaking $255 million contract extension from Eagles.🏈💰
- Man Utd beat Brighton on penalties to book FA Cup final spot.⚽
- London Marathon record broken by Kenyan athlete Kelvin Kiptum as Sir Mo Farah bows out.
Noteworthy Stocks & Assets:
- Bed Bath & Beyond files for bankruptcy protection after a long struggle.
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Earnings spotlight:
Monday, April 24 – Coca-Cola (KO), Whirlpool (WHR), Credit Suisse, and Canadian National Railway (CNI).
Tuesday, April 25 – Microsoft (MSFT), Alphabet (GOOG), Visa (V), UBS (UBS), PepsiCo (PEP), McDonald’s (MCD), Verizon (VZ), General Electric (GE), Chipotle (CMG), and UPS (UPS).
Wednesday, April 26 – Meta Platforms (META), Boeing (BA), Humana (HUM), General Dynamics (GD), eBay (EBAY), and Norfolk Southern (NSC).
Thursday, April 27 – Amazon (AMZN), Mastercard (MA), Eli Lilly (LLY), Merck (MRK), Caterpillar (CAT), AbbVie (ABBV), Southwest Airlines (LUV), and Altria (MO).
Friday, April 28 – Exxon Mobil (XOM), Chevron (CVX), and Colgate-Palmolive (CL).
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IPOs expected to start trading this week:
Nothing here, again. 🤔
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What Moved the Markets:
U.S. Indices
Dow -0.3% to 33,809. S&P 500 -0.1% to 4,134. Nasdaq -0.4% to 12,072. Russell 2000 +0.6% to 1,792. CBOE Volatility Index -1.8% to 16.77.
S&P 500 Sectors
Consumer Staples +1.7%. Utilities +1.1%. Financials +1%. Telecom -3.1%. Healthcare -0.2%. Industrials +0.8%. Information Technology -0.5%. Materials -0.3%. Energy -2.5%. Consumer Discretionary +0.5%. Real Estate +1.6%.
World Indices
London +0.5% to 7,914. France +0.8% to 7,577. Germany +0.5% to 15,882. Japan +0.3% to 28,564. China -1.1% to 3,301. Hong Kong -1.8% to 20,076. India -1.3% to 59,655.
Commodities and Bonds
Crude Oil WTI -5.7% to $77.82/bbl. Gold -0.5% to $1,993.1/oz. Natural Gas +5% to 2.22. Ten-Year Bond Yield -0.2 bps to 3.568.
Forex and Cryptos
EUR/USD -0.09%. USD/JPY +0.27%. GBP/USD +0.24%. Bitcoin -9.5%. Litecoin -11.1%. Ethereum -10.9%. XRP -12.4%.
Top S&P 500 Gainers
Intuitive Surgical (ISRG) +12%. Snap-on (SNA) +10%. First Republic Bank (FRC) +9%. D.R. Horton (DHI) +8%. Las Vegas Sands (LVS) +8%.
Top S&P 500 Losers
Albemarle (ALB) -15%. CDW (CDW) -13%. Seagate Technology Holdings plc (STX) -12%. Tesla (TSLA) -11%. Moderna (MRNA) -10%.
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🎯 Stocks On Our Radar:
- AgeX (NYSE: AGE) – $2 target 📈
- Portage Biotech (NASDAQ: PRTG) – $10 target📈
- Tesla Inc. (NASDAQ: TSLA) $300 target📈
- Palantir Technologies Inc. (PLTR: NYSE) Big (beta) upside. $15 target 📈
- M2Bio Sciences (OTC: MRES) $0.10 target (disclosure, Jeff Robinson is the CEO)📈
- Innovative Holdings Alliance (OTC: IHAI) (entered into a deal with MRES)📈
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🏆 Quotes That Inspire Us:
“When someone tells me ‘no,’ it doesn’t mean I can’t do it, it simply means I can’t do it with them.” — Karen E. Quinones Miller
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📖 Word Of The Week:
bibliogony – noun: the art of producing and publishing books.
❔ Did You Know:
📚 Books We Are Reading:
- Fake Law by The Secret Barrister
- No Fixed Abode by Maeve McClenaghan
- The Running Book by John Connell
- A Nurse’s Story by Louise Curtis
- Lights Out, Full Throttle by Damon Hill
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🤣 One-Liners:
“Always borrow money from a pessimist, he doesn’t expect to be paid back.”
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📽 A Must Watch & Listen:
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📆 Upcoming Events:
Psychedelics in the Global South
Come join this panel discussion that will be held virtually, as an online webinar. Dr. Sanah, University of South Africa (UNISA), will be one of the panel speakers.
The IBR Team
Please send any news, comments, or stock ideas to jeff@internetbullreport.com and follow IBR on Twitter @IBullReport
All content provided by Internet Bull Report is for informational and educational purposes only and is not meant to represent trade or investment recommendations.