The Weekly Bull Report – August 9th, 2020 🗞

Welcome to the 115th edition of The Weekly Bull Report.

August 9th – Wishing all the women of South Africa a very special and happy National Women’s Day. 🤗

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

Internet-bull-report-weekly-newsletter-ibr


🤔 Interesting Articles & News:

POLITICS

ECONOMICS

CULTURE

SOCIETY

TECHNOLOGY

MEDICINE & SCIENCE

CANNABIS & MUSHROOMS

SPORTS


💲 Noteworthy Stocks & Assets:

Weekly Market Movement Wrap

Precious Metals Rally

Spot gold climb as high as $2,070 per ounce, recording its best weekly run since the Global Financial Crisis, while spot silver nearly touched $30/oz. The printers are running… Investors are counting on even more spending in the U.S., while markets latched on to comments from San Francisco Fed President Mary Daly that the U.S. economy will need more support than initially thought. Search for a new reserve currency? Goldman Sachs said gold may climb to $2,300/oz. and RBC Capital is putting the odds of a rally to $3,000/oz. at 40%.

U.S. Indices
Dow +3.8% to 27,433. S&P 500 +2.5% to 3,351. Nasdaq +2.5% to 11,011. Russell 2000 +5.8% to 1,566. CBOE Volatility Index -9.2% to 22.21.

S&P 500 Sectors
Consumer Staples +1.4%. Utilities +1.%. Financials +3.3%. Telecom +3.%. Healthcare +0.9%. Industrials +4.8%. Information Technology +2.9%. Materials +2.2%. Energy +3.1%. Consumer Discretionary +1.9%.

World Indices
London +2.3% to 6,032. France +2.2% to 4,890. Germany +2.9% to 12,675. Japan +2.9% to 22,330. China +1.3% to 3,354. Hong Kong -0.3% to 24,532. India +1.2% to 38,041.

Commodities and Bonds
Crude Oil WTI +3.2% to $41.56/bbl. Gold +3.2% to $2,036.2/oz. Natural Gas +25.2% to 2.253. Ten-Year Treasury Yield -0.1% to 139.95.

Forex and Cryptos
EUR/USD +0.1%. USD/JPY +0.02%. GBP/USD -0.29%. Bitcoin -1.8%. Litecoin -7.5%. Ethereum -2.1%. Ripple +0.9%.

Top Stock Gainers
Biofrontera AG (NASDAQ:BFRA) +142%. Lightinthebox Holding (NYSE:LITB) +117%. Conduent (NASDAQ:CNDT) +116%. Marathon Patent Group (NASDAQ:MARA) +116%. NuZee Inc (OTC:NUZE) +100%.

Top Stock Losers
DBV Technologies (NASDAQ:DBVT) -45%. Vapotherm (NYSE:VAPO) -42%. LightPath Technologies (NASDAQ:LPTH) -34%. Eastman Kodak (NYSE:KODK) -32%. Altisource Portfolio Solutions (NASDAQ:ASPS) -31%.


🎯 Stocks On Our Radar:


🏆 Quotes That Inspire Us:

“Quality is not an act, it is a habit.” – Aristotle


📖 Word Of The Week:

Insidious adj. 1. Working or spreading harmfully in a subtle or stealthy manner: insidious rumors; an insidious disease. 2. Beguiling but harmful; alluring: insidious pleasures.


 Did You Know: 

Pickled capers activate proteins important for human brain and heart health.

Capparis spinosa, the caper bush, also called Flinders rose, is a perennial plant that bears rounded, fleshy leaves and large white to pinkish-white flowers. The plant is best known for the edible flower buds, used as a seasoning, and the fruit, both of which are usually consumed pickled.


📽 A Must Watch & Listen:


📚 Books We Are Reading:

IBR reading list to inspire personal growth and success in 2020:

  • The Algebra of Happiness: Notes on the Pursuit of Success, Love, and Meaning by Scott Galloway
  • More Than Enough: Claiming Space for Who You Are by Elaine Welteroth
  • Digital Minimalism by Cal Newport
  • Maybe You Should Talk to Someone by Lori Gottlieb
  • Time and the Art of Living by Robert Grudin

🤣 One Liners:

“I changed my password to “incorrect,” so whenever I forget what it is the computer will say ‘Your password is incorrect.'” Rodney Dangerfield


📆 Upcoming Events:

The Master Investor Show 2020

  • Saturday, 5 December 2020, 09:15 – 17:30 GMT
  • Business Design Centre, 52 Upper Street, London N1 0QH, United Kingdom


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

Luka Marjanovic

Partner

Luka holds a Bachelor’s in International Business and a Master’s in International Management. During his undergraduate studies he worked as a research assistant in the field of Big Data; founded his own consulting firm providing services to local SME's in various sectors and invested in the capital markets; as well as working pro-bono providing education and career counselling. Prior to his business education, he studied Biology-and-Biotechnology, and served in the Danish Royal Army as Second Sergeant, leading and managing a group under extreme conditions and pressure. Luka has spent significant time abroad, living and working in seven different countries. When he's not in the office, he's chasing the next gusts windsurfing, carving the mountain snowboarding or out in the forest for a jog.

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