Welcome to the 171st edition of The Weekly Bull Report.
Most of your time is spent inside your head, make sure itโs a nice place to be ๐ง ๐ฑ
Remind your loved ones today that you care about their mental well being ๐
WORLD MENTAL HEALTH DAY | 10TH OCTOBER
M2Bio looks forward to helping so many with the opening of its Wellness and Longevity Lab in Q1 2022. โค Watch our video here.ย
Here’s a shortlist of the content we found interesting and informative over the past week…
๐ค Interesting Articles & News:
POLITICS
- โSend us home,โ beg Afghan refugees stuck in UK hotels. ๐จ
- Thousands of Tunisians opposing President Kais Saiedโs seizure of almost total power protested in the capital with a very heavy police presence. ๐ฎ
- Gunmen raid Nigeria market, kill at least 20 people, as armed gangs continue to wreak havoc in the northwest of the country – leaving the state struggling. ๐ณ๐ฌ
- Abdul Qadeer Khan dies aged 85: Nuclear hero in Pakistan, villain to the West. โข๏ธ
- On the surface, Senate battled this week over avoiding a cataclysmic debt default. Underneath it, a brutal power struggle. ๐ฅ
- Probe finds that De Blasio misused NYPD security detail for campaign trips and ferrying his children – spending nearly $320K. ๐
- US CIA creates a new unit to focus solely on โkey rivalโ China. ๐จ๐ณ
- Insider trading at the FED raises broader questions of public trust. ๐ฐ
ECONOMICS
- Inside Chinaโs โghost citiesโ, the debt-fuelled metropolises trying to build living, breathing communities โ with varying success. ย ๐ป
- Putin Blames Europe for current energy crisis after soaring gas prices spurred accusations that Moscow is withholding supplies to pressure the West.โก๏ธ
- Argentinaโs vineyards canโt bottle wines due to glass shortage, the latest example of supply backlogs. ๐ท
- Green Mortgages: What are they and what are the benefits? ๐ฑ
- US oil benchmark hits another seven-year high amid supply fears. ๐ข
CULTURE
- The 25 most iconic book covers in history. ๐
- The editor of the independent Russian newspaper Novaya Gazeta, Dmitry Muratov, wins Nobel Peace Prize. ๐ฐ
- Actor that had performed at the theater since 2002, was killed by backdrop during Saturday performance at Moscowโs Bolshoi Theater. ๐ญ
- Is Star Wars cultural appropriation? ๐ช
- What makes us human? The answer may be found in overlooked DNA. ๐งฌ
- Academic journals adopt new business models to survive. ๐
SOCIETY
- In Burkina Faso, many hope Sankara trial, will ‘shed light on murder of the countryโs revolutionary leader’. ๐งโโ๏ธ
- The head of a major British press organization resigned over his response to Meghan and Harryโs television interview. ๐
- Menopause brain: The inability to think clearly is not โall in your mindโ. ๐ถโ๐ซ๏ธ
- Iโm a life coach, youโre a life coach: The rise of an unregulated industry. ๐งโโ๏ธ
- Indonesiaโs iconic Indomie is beloved by millions, from students in Europe to prisoners in Australia. ๐ฎ๐ฉ
- Tropical storm turns London-Hong Kong flight into 36-hour on-board ordeal.
- How retail sales became โunskilledโ work. โ๏ธ
- The diamond-rich but poor former British colony Sierra Leone formally abolishes ‘inhumane’ death penalty. ๐
TECHNOLOGY
- Visualizing Blockchain transactions. โ
- Facebook has removed and censored content in rights discussions between Palestine and Israel. ๐คฌย
- Twitchโs security problems started long before this weekโs hack. ๐พ
- New app allows tractor owners and farmers to connect in Kenya. ๐
- How Twitter applied the โJobs to Be Doneโ approach to strategy. ๐ฆ
- Key takeaways from the fifth week of the Elizabeth Holmes trial. ๐ฉโโ๏ธ
- Synthetic Media: How deepfakes could soon change our world. ๐
- Facebook executive warns against getting rid of algorithm, defends safety measures. ๐ค
- The difference between captions and subtitles (and why it matters for Netflix’s ‘Squid Game’). ๐
- The solution to our E-Waste problem? Repair, donโt waste. ๐ฑ
MEDICINE & SCIENCE
- Israeli researchers 3D-print blood vessel networks for implantation. ๐จ
- Radiation therapy reprograms heart muscle cells to a younger state. โข๏ธ
- Scientists use 3D Printing to create injection-free vaccine patches. ๐
- Researchers have identified a brain rhythm associated with emotional conflict that appears to be a biomarker for anxiety disorder. ๐ฌ
- DBS technique that targets specific subpopulations of neurons in the globus pallidus shows promising results as a treatment for Parkinsonโs disease. ๐จโ๐ฌ
- People with genetic risks for Alzheimerโs disease may exhibit changes in brain structure and reduced performance in cognitive tests long before symptoms of the neurodegenerative disease become obvious. ๐ง
- Participating in nature-based activities including exercise, gardening, and conservation, helps improve mood and reduce anxiety for those with mental health problems. ๐โโ๏ธ
- Biological age reversal seems closer than itโs ever been. ๐งฌ
CANNABIS & PSYCHEDELICS
- Arcata, California has become the latest U.S. municipality to decriminalize the personal possession and growing of psychedelicsย – shortly after Seattle. ๐บ๐ธ
- Psychedelic Capital: Novel Psychedelic Molecules. ๐งช
- Proliferation of Psilocybin-Related drug development; Biden administration aims to reduce barriers to Schedule I research. ๐ฌ
- Toronto University Health Network launches Psychedelic Psychotherapy Research Centre to further psilocybin-assisted psychotherapy. ๐
- A visual guide to investing in psychedelics, explained sector by sector. ๐ฐ
- Ten psychedelic substances now being researched by 36 companies. ๐
- Reasons for using cannabidiol:ย A cross-sectional study of French cannabidiol users. ๐ฟ
SPORTS
- The first Ironman athlete with Down syndrome sets new goals: The Boston and New York City Marathons. ๐โโ๏ธ
- Tyson Fury knocks out Deontay Wilder to retain WBC title. ย ๐ฅ
- Russian World Cup stadium strives to avoid White Elephant status. ๐
- Car spinning motorsport resumes in South Africa. ๐
- Saudi Arabian consortium completes ยฃ305M completes Newcastle United takeoverย and ends Mike Ashley’s 14-year reign. โฝ๏ธ
๐ฒ Noteworthy Stocks & Assets:
- Dolce & Gabbana sets NFT fashion record with sale near $6 Million. ๐ฐ
- Mellon on the Markets: A few thoughts on longevity. ๐งฌ
- West Holdings (TYO: $1407) reached all-time high, is the future bright? ๐
Earnings spotlight:
Tuesday, October 12: Fastenal (NASDAQ:FAST) and Sleep Number (NASDAQ:SNBR).
Wednesday, October 13: BlackRock (NYSE:BLK), Delta Air Lines (NYSE:DAL) and JPMorgan Chase (JPM).
Thursday, October 14: Bank of America (BAC), Citigroup (C), Domino’s Pizza (NYSE:DPZ), Morgan Stanley (NYSE:MS), Taiwan Semiconductor (NYSE:TSM), U.S. Bancorp (NYSE:USB) and Alcoa (NYSE:AA).
Friday, October 15: Goldman Sachs (NYSE:GS), PNC Bank (NYSE:PNC) and Truist (NYSE:TFC).
ย
IPO watch:
AvidXchange (AVDX), GitLab (GTLB) and IHS Holding (IHS) are expected to fire off their IPOs next week. There is also likely to be an increased focus on Allbirds (BIRD), which has already had some investor buzz around it ahead of the public debut. The sustainable lifestyle brand, known for its on-trend shoes, is looking to raise $100M from the offering. San Francisco-based Allbirds intends to use the proceeds from the offering for general corporate purposes, and possibly to acquire businesses, products and services. Also nect week, the quiet period expires on Dutch Bros. (NYSE:BROS). The coffee chain stock has been a high flier since its IPO last month.
What Moved The Markets Last Week:
U.S. Indices
Dow +1.2% to 34,746. S&P 500 +0.8% to 4,391. Nasdaq +0.1% to 14,580. Russell 2000 -0.3% to 2,235. CBOE Volatility Index -11.3% to 18.77.
S&P 500 Sectors
Consumer Staples +1.4%. Utilities +1.5%. Financials +2.3%. Telecom -0.1%. Healthcare -0.3%. Industrials +1.8%. Information Technology +0.3%. Materials +1.%. Energy +5.%. Consumer Discretionary +0.9%.
World Indices
London +1.% to 7,096. France +0.7% to 6,560. Germany +0.3% to 15,206. Japan -2.5% to 28,049. China +0.7% to 3,592. Hong Kong +1.1% to 24,838. India +2.2% to 60,059.
Commodities and Bonds
Crude Oil WTI +4.9% to $79.58/bbl. Gold -0.1% to $1,757.3/oz. Natural Gas -0.3% to 5.6. Ten-Year Treasury Yield -0.9% to 131.03.
Forex and Cryptos
EUR/USD -0.22%. USD/JPY +1.05%. GBP/USD +0.49%. Bitcoin +14.7%. Litecoin +5.%. Ethereum +5.7%. Ripple +3.6%.
Top Stock Gainers
Voyager Therapeut (NASDAQ:VYGR) +113%. Xenon Pharmaceuticals Inc (NASDAQ:XENE) +111%. Chemocentryx Inc (NASDAQ:CCXI) +109%. Renren Inc ADR (NYSE:RENN) +75%. Nextplay Technologies Inc (NASDAQ:NXTP) +70%.
Top Stock Losers
Macquarie Infrastructure Hldgs Llc (NYSE:MIC) -91%. Prelude Therapeutics Incorporated (NASDAQ:PRLD) -50%. Allogene Therapeutics Inc (NASDAQ:ALLO) -46%. Amplify Energy Corp (NYSE:AMPY) -40%. Nkarta Inc (NASDAQ:NKTX) -33%.
๐ฏ Stocks On Our Radar:
- Biohaven Pharmaceutical (NYSE: BHVN) ๐ย – $200 target.
- AgeX (NYSE: AGE) ๐ ย – $3.00 target
- Portage Biotech (NASDAQ: PRTG)ย ๐ –ย $100 target
- Wuhan General Group (OTC: WUHN) ๐ – $3.00 targetย
- Agronomics Ltd (OTC: AGNMF) ๐
- Regent Pacific Group Ltd. (HKG: 0575) ๐
- ThreeD Capital Inc. (IDK.CN) (OTC: IDKFF) ๐
๐ Quotes That Inspire Us:
“Challenges are what make life interesting and overcoming them is what makes life meaningful.” –Joshua J. Marine
๐ Word Of The Week:
Lollย most often means “to droop or hang loosely.” It can also mean “to act or move in a relaxed or lazy manner.”
โ Did You Know:
The Worldโs 100 Most Valuable Brands in 2021.
๐ Books We Are Reading:
6 Tony Robbinsโ Bookย Recommendations.
- Principles: Life and Workย โ Ray Dalio
- Tribe of Mentors: Short Advice From the Best in the Worldย โ Tim Feris
- A Mind at Home with Itself: How Asking Four Questions Can Free Your Mind, Open Your Heart, and Turn Your World Aroundย โ By Byron Katie and Stephen Mitchell
- As a Man Thinkethย โ by James Allen
- The TB12 Method: How to Achieve a Lifetime of Sustained Peak Performanceย โ Tom Brady
- Manโs Search For Meaningย โ by Viktor Frankl
๐คฃ One-Liners:
What are a Ninjas’ favorite shoes?
Sneakers ๐๐ฅท
๐ฝ A Must Watch & Listen:
Must Watch:ย The Future of Personalized Medicine for Mental Illnessย Webinar by Dr. Riyad Domingoย (fascinating developments in the mental health space).ย ๐ง ๐
๐ Upcoming Events:
Jeff will be in London fromย November 13 โ 20ย and attending the above event.ย
To meet with him send an email to:ย jeff@internetbullreport.com.
Our very best wishes for a brilliant upcoming week! ๐ช
Respectfully yours,
The IBR Team
Please send any news, comments, or stock ideas to jeff@internetbullreport.comย and follow IBR on Twitter @IBullReportย
All content provided by Internet Bull Report is for informational and educational purposes only and is not meant to represent trade or investment recommendations.