The Weekly Bull Report – May 8 , 2023 🗞

Welcome to the 240th edition of The Weekly Bull Report.🤗

 

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


🤔 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 Estée Lauder (EL) -18%. Newell Brands (NWL) -17%. Comerica (CMA) -16%.

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🎯 Stocks On Our Radar:

  1. AgeX (NYSE: AGE)   $2 target 📈 
  2. Portage Biotech (NASDAQ: PRTG)  $10 target📈
  3. Tesla Inc. (NASDAQ: TSLA) $300 target📈
  4. Palantir Technologies Inc. (PLTR: NYSE) Big (beta) upside. $15 target 📈
  5. M2Bio Sciences (OTC: MRES) $0.10 target (disclosure, Jeff Robinson is the CEO)📈  
  6. Innovative Holdings Alliance (OTC: IHAI) (entered into a deal with MRES)📈

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🏆 Quotes That Inspire Us:

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

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📖 Word Of The Week:

LILAPSOPHOBIA:  an irrational or disproportionate fear of tornadoes or hurricanes.🌀
Their lilapsophobia 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

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

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📚 Books We Are Reading:

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🤣 One-Liners:

What do you call a blonde with half a brain? Gifted. 👱‍♀️

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📽 A Must Watch & Listen:

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📆 Upcoming Events:

Nothing here at the moment…

The IBR Team

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

 

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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