The Weekly Bull Report – May 22, 2022 🗞

Welcome to the 202nd edition of The Weekly Bull Report.

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

 


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💲 Noteworthy Stocks & Assets:

 


🚨 Investment Opportunity: Ridgeline Therapeutics 🔬

Brought to you by Longevity Technology:

Longevity.Technology is fundraising for Ridgeline Therapeutics, a US biotechnology company, that is on a mission to reverse age-related decline in muscle strength, which is linked to lower quality of life and increased morbidity. 💪

Ridgeline’s NNMTi is slated to be the first FDA-approved drug to reverse declines in muscle strength; it is protected by a strong IP portfolio and will be delivered as a daily pill to restore muscle strength and function in the elderly. NNMTi demonstrates superior characteristics compared to competing therapeutics. 👩‍🔬

Preclinical safety and efficacy data have significantly de-risked IND filing and there is a clear path for expansion of clinical indication and clinical development; a fast FDA approval strategy will be employed by the team. ☑️

The experienced leadership team of successful entrepreneurs and scientists has secured $8.95 million in grant funding.

➡️ Link to the deck ⬅️

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Earnings spotlight:

Monday, May 23 – Zoom Video (ZM), XPeng (NYSE:XPEV) and Advance Auto Parts (AAP).

Tuesday, May 24 – Intuit (INTU), Best Buy (BBY), AutoZone (AZO), Luckin Coffee (OTCPK:LKNCY), Ralph Lauren (RL) and Nordstrom (JWN).

Wednesday, May 25 – Nvidia (NASDAQ:NVDA), Snowflake (SNOW), Dick’s Sporting Goods (DKS), Williams-Sonoma (WSM), and Box (BOX).

Thursday, May 26 – Alibaba (NYSE:BABA), Costco (COST), Dollar General (DG), Gap (GPS) and Workday (WDAY).

Friday, May 27 – Sanderson Farms (SAFM) and Canopy Growth Corporation (CGC).

 


IPOs expected to start trading this week:

No new IPOs are expected to start trading. Quiet periods end on Tenon Medical (NASDAQ:TNON), Ostin Technology Group (OST), HilleVax (HLVX) and Belite Bio (BLTE) to free up analysts to post ratings. BLTE is the only one of the groups to trade over its IPO pricing level.

 


What Moved the Markets:

U.S. Indices
Dow -2.9% to 31,262. S&P 500 -3.1% to 3,901. Nasdaq -3.8% to 11,355. Russell 2000 -1.4% to 1,768. CBOE Volatility Index +1.9% to 29.43.

S&P 500 Sectors
Consumer Staples -7.0%. Utilities +0.3%. Financials -1.%. Telecom -2.2%. Healthcare -0.6%. Industrials -1.7%. Information Technology -2.9%. Materials -0.6%. Energy +0.9%. Consumer Discretionary -6.1%.

World Indices
London -0.4% to 7,390. France -1.2% to 6,285. Germany -0.3% to 13,982. Japan +1.2% to 26,739. China +2.% to 3,147. Hong Kong +4.1% to 20,717. India +2.9% to 54,326.

Commodities and Bonds
Crude Oil WTI -0.1% to $110.35/bbl. Gold +2.% to $1,845.1/oz. Natural Gas +5.2% to 8.058. Ten-Year Treasury Yield -4.8% to 2.79.

Forex and Cryptos
EUR/USD +1.45%. USD/JPY -1.03%. GBP/USD +1.86%. Bitcoin +0.%. Litecoin +2.2%. Ethereum -1.9%. XRP -1.9%.

Top S&P 500 Gainers
Premara Financial (PARA) +15%. Synopsys (SNPS) +11%. SolarEdge Technologies (SEDG) +11%. NRG Energy (NRG) +8%. Organon (OGN) +7%.

Top S&P 500 Losers
Target (TGT) -29%. Bath & Body Works (BBWI) -24%. Ross Stores (ROST) -22%. Dollar Tree (DLTR) -20%. Walmart (WMT) -19%.

 


🎯 Stocks On Our Radar:

 


🏆 Quotes That Inspire Us:

“It does not matter how slowly you go so long as you do not stop.” – Confucius

 


📖 Word Of The Week:

Gerontocracy | jeh·ruhn·taa·kruh·see |, noun – a state, society, or group governed by old people.  [mass noun] government based on rule by old people.

 


Did You Know:

There is actually a word for someone giving an opinion on something they know nothing about. An ‘ultracrepidarian’ is someone who voices thoughts beyond their expertise.

 


📚 Books We Are Reading:

 


🤣 One-Liners:

Stockbroker: “What is a million years like to you?”
God: “Like one second.”
Stockbroker: “What is a million dollars like to you?”
God: “Like one penny.”
Stockbroker: “Can I have a penny?”
God: “Just a second …”

 


📽 A Must Watch & Listen:

Barry Ritholtz interviews Gerard O’Reilly, Chief Investment Officer, and Co-Chief Executive Officer at Dimensional Fund Advisors, which has $650 billion in assets under management. Prior to joining Dimensional in 2004, O’Reilly earned a Ph.D. in aeronautics from the California Institute of Technology (another great interview by Barry). 🎧

Einstein’s description of curved space-time doesn’t easily mesh with a universe made up of quantum wavefunctions. Theoretical physicist Sean Carroll discusses the quest for quantum gravity with host Steven Strogatz. 🌌

 


📆 Upcoming Events:

Foodicine – Food as Medicine 🥦🩺

Join the webinar hosted by M2Bio Sciences (OTC: $WUHN) and learn all about the health benefits of certain ingredients that provide strong medicinal and protective qualities that you can apply right away.

Friday, 27 May 2022 | 11:00 AM SAST

> REGISTER HERE <

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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 - Barcelona, Spain, and now residing in beautiful Cape Town, South Africa. I back bright entrepreneurs with big ideas related to Artificial Intelligence, Machine Learning, realtime platforms and price discovery. Make everyday remarkable!