Welcome to the 117th edition of The Weekly Bull Report.
Here’s a short list of content we found interesting and informative over the past week…
đ¤ Interesting Articles & News:
POLITICS
- Biggest Thai protest in years puts pressure on government.
- Leader of Belarus rejects calls to rerun presidential vote.
- President no more? A US bill would ban the title for Chinaâs leader.
ECONOMICS
- Making billions v making ends meet: how the pandemic has split the US economy in two.
- A record high of 13,000 apartments are empty in Manhattan – the most in 14 years.
CULTURE
- 200,000 years ago, humans preferred to sleep in beds. đ
- How Nespresso’s coffee revolution got ground down. â
SOCIETY
- IBR Success Sunday â Cai Dongqing.
- ‘Lucky’ Chinese phone number fetches US$300,000 at online auction.
- You want people to do the right thing? Save them the guilt trip.
- The rich are buying compounds during the pandemic.
TECHNOLOGY
- Your future home could be powered by the bricks itâs built with.
- ATM hackers have picked up some clever new tricks.
- The EU is launching a market for personal data. Hereâs what that means for privacy.
- Applying machine learning to biomedical science.
MEDICINE & SCIENCE
- Biotechnology could change the cattle industry. đ
- The Correlation-Causation taboo. Should psychologists be more comfortable discussing causality?
- Honey found to be a better treatment for upper respiratory tract infections than traditional remedies.
- Diabetes cuts life expectancy in U.K. by 6 million life years.
- Some Coronavirus patients are reporting symptoms that last months.
- Calculating the reduction in worldwide deaths from liver cancer if the whole world drank more coffee.
CANNABIS & MUSHROOMS
- CBD in the center of new autism clinical trial.
- Psychedelic research fundraising campaign attracts $30 Million in donations.
- Cannabidiol and Sports Performance: a narrative review of relevant evidence and recommendations for future research.
- Years of therapy or a week of magic mushroom drug? Mental health breakthroughs achieved on plant medicine retreats.
- U of L scientists receive two New Frontiers in Research awards.
- How many Canadian kids suffer harm linked to vaping and cannabis?
- Is psilocybin the next cannabis? New research is chipping away at the stigma attached to psychedelics.
- After legal win, whatâs next for magic mushrooms?
- Serotonergic psychedelics LSD & psilocybin increase the fractal dimension of cortical brain activity in spatial and temporal domains.
SPORTS
- How to cycle up Mount Everest. đľââď¸
- Adam Silver opens up about the NBA Bubble: ‘Itâs Better Than What We Had Envisioned’.
đ˛Â Noteworthy Stocks & Assets:
- Nikola (NASDAQ: $NKLA) â A Boom or Bust?
- GrowGeneration (NASDAQ: GRWG) CEO says cannabis âbusiness is boomingâ after company ups guidance. (was trading at $3 in April, now $18) More here.Â
- Ethereum Trading: The promise of the Crypto-Market.
- Apple becomes US’ first $2T company. (If one purchased $1,000 worth of Apple shares in June of 1997, when shares were trading as low as $3.56 a share, that investment would today be worth $632,000.) More here.
- Airbnb files preliminary paperwork for public stock offering.
- Jack Maâs Ant said to target $225 Billion valuation in IPO.
Weekly Market Movement Wrap
U.S. Indices
Dow flat at 27,930. S&P 500 +0.7% to 3,397. Nasdaq +2.7% to 11,312. Russell 2000 -1.8% to 1,550. CBOE Volatility Index +2.2% to 22.54.
S&P 500 Sectors
Consumer Staples +0.2%. Utilities -1.7%. Financials -3.4%. Telecom +1.7%. Healthcare 0.%. Industrials -1.5%. Information Technology +3.5%. Materials -1.3%. Energy -6.1%. Consumer Discretionary +2.4%.
World Indices
London -1.3% to 6,012. France -1.3% to 4,896. Germany -0.9% to 12,786. Japan -1.6% to 22,920. China +0.6% to 3,381. Hong Kong -0.3% to 25,114. India +1.5% to 38,435.
Commodities and Bonds
Crude Oil WTI +0.7% to $42.3/bbl. Gold -0.1% to $1,947.6/oz. Natural Gas +3.5% to 2.438. Ten-Year Treasury Yield +0.4% to 139.65.
Forex and Cryptos
EUR/USD -0.38%. USD/JPY -0.73%. GBP/USD +0.05%. Bitcoin -3.2%. Litecoin -1.2%. Ethereum -10.3%. Ripple -6.5%.
Top Stock Gainers
Momenta Pharmaceuticals (NASDAQ:MNTA) +80%. LMP Automotive Holdings (NASDAQ:LMPX) +79%. Kirkland’s (NASDAQ:KIRK) +60%. iMedia Brands (NASDAQ:IMBI) +59%. RISE Education Cayman (NASDAQ:REDU) +58%.
Top Stock Losers
Unity Biotechnology (NASDAQ:UBX) -76%. Urban One (NASDAQ:UONE) -53%. Organovo Holdings (NASDAQ:ONVO) -45%. NuZee (OTC:NUZE) -45%. Centrus Energy (NYSEMKT:LEU) -43%.
đŻ Stocks On Our Radar:
- Biohaven Pharmaceutical (NYSE: BHVN)
- AgeX (NYSE:AGE)
- FlooidCX Corp (OTC: FLCX)
- Portage Biotech (OTC: PTGEF)
- Wuhan General Group (OTC: WUHN) News here.
-
Agronomics Ltd (LON: ANIC
đ Quotes That Inspire Us:
  âThe most important quality for an investor is temperament, not intellect.â – Warren Buffett
Deciphering and mastering the investment world isnât about quant models and mathematical genius. Itâs about having profound respect for Mr. Marketâs ultimate weapon of choice⌠human behavior.
Failing to appreciate the behavioral aspects of investing is the most common pitfall to investment success. As Benjamin Graham so famously quipped, âThe investorâs chief problem – and even his worst enemy – is likely to be himself.â
The rare genius all great investors share is a percipient understanding of the instincts, emotions, and tendencies of investment behavior.
đ Word Of The Week:
Eponym n. A person whose name is or is thought to be the source of the name of something, such as a city or country. âGeorge Washington is the eponym of Washington DC.â
â Did You Know:Â
đ˝ A Must Watch & Listen:
- 60 Minutes: Psychedelics could help people with addiction and anxiety.
- 8 time Olympic medalist and short-track speed skating legend, Apolo Ohno opens up about self talk and how all battles are internal ones.â¸
- How caffeine changed the world. Author Michael Pollan discusses his latest work on the worldâs most-used psychoactive substance.â
- After legal win, whatâs next for Magic Mushrooms?
đ Books We Are Reading:
- Finding Freedom by Omid Scobie and Carolyn Durand
- Caste: The Lies That Divide Us by Isabel Wilkerson
- 1st Case by James Patterson and Chris Tebbetts
- Then she Was Gone by Lisa Jewell
đ¤ŁÂ One Liners:
- “I don’t have an attitude problem. You have a perception problem.”
đ Upcoming Events:
- The Master Investor Show 2020
- Saturday, 5 December 2020, 09:15 â 17:30 GMT
- Business Design Centre, 52 Upper Street, London N1 0QH, United Kingdom
Our very best wishes for a brilliant upcoming week! đŞ
Respectfully yours,
The IBR Team
Please send any news, comments or stock ideas to: jeff@internetbullreport.com and follow IBR on Twitter @IBullReportÂ
