The Weekly Bull Report – July 12th, 2020 🗞

Welcome to the 111th edition of The Weekly Bull Report.

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

We recommend The Palm Group:

The Palm Group are experts in Palm Beach real estate and can help find your dream home in the sun. See more here. 🌴🏡


💲 Noteworthy Stocks & Assets:

  • The mystery of $2 Billion of loans backed by fake gold. (NASDAQ: KGJI) (only the tip of the iceberg of massive fraud and loans backed with non-existent assets) 

 

Weekly Market Movement Wrap

U.S. Indices

Dow +1% to 26,075. S&P 500 +1.8% to 3,185. Nasdaq +4% to 10,617. Russell 2000 -0.1% to 1,419. CBOE Volatility Index -1.4% to 27.29.

S&P 500 Sectors
Consumer Staples +2.5%. Utilities -0.2%. Financials +2.2%. Telecom +4.7%. Healthcare -0.9%. Industrials -1.4%. Information Technology +2.7%. Materials +0.8%. Energy -4.6%. Consumer Discretionary +4.8%.

World Indices
London -1.% to 6,095. France -0.7% to 4,970. Germany +0.8% to 12,634. Japan -0.1% to 22,291. China +7.3% to 3,383. Hong Kong +1.4% to 25,727. India +1.6% to 36,594.

Commodities and Bonds
Crude Oil WTI +0.7% to $40.56/bbl. Gold +0.8% to $1,801.6/oz. Natural Gas +4.1% to 1.818. Ten-Year Treasury Yield 0.% to 139.12.

Forex and Cryptos
EUR/USD +0.45%. USD/JPY -0.55%. GBP/USD +1.11%. Bitcoin +1.5%. Litecoin +5.5%. Ethereum +5.1%. Ripple +13.7%.

Top Stock Gainers
Unum Therapeutics (NASDAQ:UMRX) +646%. WiMi Hologram Cloud (NASDAQ:WIMI) +322%. Altimmune (NASDAQ:ALT) +115%. Mogu – ADR (NYSE:MOGU) +100%. AYRO (NASDAQ:AYRO) +71%.

Top Stock Losers
BELLUS Health (NASDAQ:BLU) -76%. Obseva SA (NASDAQ:OBSV) -57%. Centogene NV (OTC:CNTG) -46%. Evolus (NASDAQ:EOLS) -42%. OptiNose (NASDAQ:OPTN) -36%.

 

The Week Ahead

Monday: PepsiCo earnings

Tuesday: US inflation data; UK balance of trade; Germany economic sentiment; Citigroup, Delta Air Lines, JPMorgan Chase and Wells Fargo earnings

Wednesday: US industrial production; Goldman Sachs and UnitedHealth earnings

Thursday: China GDP; US initial unemployment claims and retail sales; Bank of America, Charles Schwab, Honeywell, Johnson & Johnson, Morgan Stanley, Truist and Netflix earnings

Friday: US housing starts and building permits; BlackRock earnings

 


🎯 Stocks On Our Radar:

Biohaven Pharmaceutical (NYSE: BHVN)

AgeX (NYSE:AGE)

FlooidCX Corp (OTC: FLCX)

Portage Biotech (OTC: PTGEF)

Wuhan General Group (OTC: WUHN)

 


🏆 Quotes That Inspire Us:

“The pessimist complains about the wind. The optimist expects it to change. The leader adjusts the sails.” – John Maxwell

 


📖 Word Of The Week:

Arduous adj. 1. Demanding great effort or labor; difficult. “An arduous undertaking.” 2. Testing severely the powers of endurance; strenuous. “A long and arduous process.”

 


 Did You Know: 

The dirtiest place on the plane isn’t the bathroom.🚽

As it so happens, the filthiest place on a plane is that tray table you’re eating your meal off of. According to a study conducted by TravelMath, tray tables hosted 2,155 colony-forming bacterial units (CFU) per square inch. In comparison, the button to flush the toilet had just 265 CFU in the same amount of space.

 


📽 A Must Watch & Listen:

 


📚 Books We Are Reading:

 


🤣 One Liners:

I like to hold hands at the movies… which always seems to startle strangers.

 


📆 Upcoming Events:

Ask Jim: Live Q&A Webinar

  • An exclusive Q&A webinar with the Master Investor himself, Jim Mellon.
  • Thursday July 30th, 1PM BST. Online.
  • More information and registration HERE.

 


 

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 founded his own consulting firm, providing services to local SME's in various sectors; following and investing in the capital markets; as well as working as a research assistant in the field of Big Data. Prior to his education, he served as Second Sergeant in the Danish Royal Army, leading and managing a group, under extreme pressures and conditions. 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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