The Weekly Bull Report – May 8 , 2023 πŸ—ž

Welcome to the 240th edition of The Weekly Bull Report.πŸ€—

 

Internet-bull-report-weekly-newsletter-ibr-internet-bull-report


πŸ€” Interesting Articles & News:

POLITICS

ECONOMICS

CULTURE

SOCIETY

TECHNOLOGY

MEDICINE & SCIENCE

NUTRITION & MICROBIOME

CANNABIS & PSYCHEDELICS

SPORTS


Noteworthy Stocks & Assets:

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Earnings spotlight:

Monday, May 8 – PayPal Holdings (PYPL), Tyson Foods (TSN), KKR (KKR), Lucid Group (NASDAQ:LCID) and Freshpet (FRPT).

Tuesday, May 9 – Duke Energy (DUK), Airbnb (ABNB), Fox (FOX), Coupang (CPNG), Rackspace Technology (RXT), and Nikola (NKLA).

Wednesday, May 10 – Disney (DIS), Trade Desk (TTD), Roblox (RBLX), Li Auto (LI), and Unity Software (U).

Thursday, May 11 – JD.com (JD), US Foods (USFD), and News Corporation (NWS).

Friday, May 12 – Spectrum Brands (SPB) and Soho House (SHCO).

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IPOs expected to start trading this week:

Strong Global Entertainment (SGE) is expected to start trading. The company is expected to see its $8M IPO priced at around $5 per share. Based in North Carolina, Strong provides projection screens and support services to cinema operators such as IMAX, Cinemark and AMC.

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What Moved the Markets:

U.S. Indices
Dow -0.3% to 33,674. S&P 500 -0.8% to 4,136. Nasdaq +0.1% to 12,235. Russell 2000 -0.6% to 1,758. CBOE Volatility Index +8.9% to 17.19.

S&P 500 Sectors
Consumer Staples -0.4%. Utilities +0.1%. Financials -2.7%. Telecom -2.3%. Healthcare +0.1%. Industrials -0.5%. Information Technology +0.6%. Materials -1.1%. Energy -5.8%. Consumer Discretionary -0.4%. Real Estate -0.8%.

World Indices
London -1.2% to 7,778. France -0.8% to 7,433. Germany +0.2% to 15,961. Japan +1.% to 29,158. China +0.3% to 3,335. Hong Kong +0.7% to 20,033. India -0.1% to 61,054.

Commodities and Bonds
Crude Oil WTI -7.1% to $71.32/bbl. Gold +1.3% to $2,024.6/oz. Natural Gas -12.3% to 2.113. Ten-Year Bond Yield -0.2 bps to 3.435.

Forex and Cryptos
EUR/USD -0.02%. USD/JPY -1.05%. GBP/USD +0.49%. Bitcoin +1.2%. Litecoin -2.8%. Ethereum +4.5%. XRP -2.5%.

Top S&P 500 Gainers
Royal Caribbean Cruises (RCL) +16%. Live Nation Entertainment (LYV) +14%. ON Semiconductor (ON) +13%. Generac Holdings (GNRC) +12%. Vulcan Materials (VMC) +11%.

Top S&P 500 Losers
First Republic Bank (FRC) -78%. Paramount Global (PARA) -28%. The EstΓ©e Lauder (EL) -18%. Newell Brands (NWL) -17%. Comerica (CMA) -16%.

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🎯 Stocks On Our Radar:

  1. AgeXΒ (NYSE: AGE)  – $2 targetΒ πŸ“ˆΒ 
  2. Portage BiotechΒ (NASDAQ: PRTG) – $10 targetπŸ“ˆ
  3. Tesla Inc.Β (NASDAQ: TSLA)Β $300 targetπŸ“ˆ
  4. Palantir Technologies Inc.Β (PLTR: NYSE)Β Big (beta) upside.Β $15 targetΒ πŸ“ˆ
  5. M2Bio SciencesΒ (OTC: MRES)Β $0.10 target (disclosure, Jeff Robinson is the CEO)πŸ“ˆΒ Β 
  6. Innovative Holdings AllianceΒ (OTC: IHAI)Β (entered into a deal with MRES)πŸ“ˆ

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πŸ† Quotes That Inspire Us:

β€œIt is the mark of an educated mind to be able to entertain a thought without accepting it.” – Aristotle

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πŸ“– Word Of The Week:

LILAPSOPHOBIA:Β  an irrational or disproportionate fear of tornadoes or hurricanes.πŸŒ€
TheirΒ lilapsophobiaΒ began to fade the moment they learned that the tropical wave had failed to organize into a cyclone.
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❔ Did You Know:

$42-billion

… theΒ estimated value of assets that will now be taken over by King Charles, according toΒ Forbes. These include aΒ collection of propertyΒ holdings including Buckingham Palace and Windsor Castle, and the Duchy of Lancaster, which in March 2022 was valued at Β£652.8-million (R15.18-billion), and is owned by the monarch in a trust. πŸ‘‘

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πŸ“š Books We Are Reading:

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🀣 One-Liners:

What do you call a blonde with half a brain? Gifted. πŸ‘±β€β™€οΈ

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πŸ“½ A Must Watch & Listen:

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πŸ“† Upcoming Events:

Nothing here at the moment…

The IBR Team

Please send any news, comments, or stock ideas to jeff@internetbullreport.comΒ and follow IBR on Twitter @IBullReport

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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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