The Weekly Bull Report – October 16, 2022 πŸ—ž

Welcome to the 222nd edition of The Weekly Bull Report.

Here’s a shortlist of the content we found interesting and informative over the past week…


πŸ€” Interesting Articles & News:









πŸ’² Noteworthy Stocks & Assets:

Earnings spotlight:

Monday, October 17 – Bank of America (BAC), Charles Schwab (SCHW), and Bank of New York Mellon (BK)

Tuesday, October 18 – Johnson & Johnson (JNJ), Lockheed Martin (LMT), United Airlines (NASDAQ: UAL), Goldman Sachs (GS), and Netflix (NFLX).

Wednesday, October 19 – Tesla (NASDAQ: TSLA), Procter & Gamble (PG), Abbott Laboratories (ABT), Travelers Companies (TRV), Las Vegas Sands (LVS), and IBM (IBM).

Thursday, October 20 – Philip Morris International (PM), AT&T (T), Union Pacific (UNP), Dow (DOW), and Tractor Supply (TSCO).

Friday, October 21 – Verizon (VZ), American Express (AXP), and Barclays (BCS).


IPOs expected to start trading this week:

Immune therapeutics developer Alopexx (NASDAQ: ALPX) is expected to start trading on October 19. The quiet period ends on Loop Media (NYSE: LPTV) on October 17. Watch Context Therapeutics (CNTX) and FRNT Financial (OTCPK: FRFLF) with IPO lockups hitting next week for blocks of shares.


What Moved the Markets:

U.S. Indices
Dow +1.2% to 29,635. S&P 500 -1.6% to 3,583. Nasdaq -3.1% to 10,321. Russell 2000 -1.2% to 1,682. CBOE Volatility Index +2.1% to 32.02.

S&P 500 Sectors
Consumer Staples +1.5%. Utilities -2.6%. Financials +0.2%. Telecom -1.9%. Healthcare +0.8%. Industrials -0.6%. Information Technology -3.2%. Materials -1.9%. Energy -1.9%. Consumer Discretionary -4.1%.

World Indices
London -1.9% to 6,859. France +1.1% to 5,932. Germany +1.3% to 12,438. Japan -0.1% to 27,091. China +1.6% to 3,072. Hong Kong -6.5% to 16,588. India -0.5% to 57,920.

Commodities and Bonds
Crude Oil WTI -7.7% to $85.55/bbl. Gold -3.5% to $1,650.2/oz. Natural Gas -4% to 6.476. Ten-Year Bond Yield -0.2 bps to 4.023.

Forex and Cryptos
EUR/USD -0.21%. USD/JPY +2.35%. GBP/USD +0.86%. Bitcoin -1.3%. Litecoin -2.9%. Ethereum -1.3%. XRP -6.4%.

Top S&P 500 Gainers
Moderna (MRNA) +12%. Amgen (AMGN) +10%. Viatris (VTRS) +9%. Walgreens Boots Alliance (WBA) +9%. The Kraft Heinz (KHC) +8%.

Top S&P 500 Losers
Wynn Resorts (WYNN) -23%. First Republic Bank (FRC) -18%. Las Vegas Sands (LVS) -17%. Etsy (ETSY) -16%. KLA (KLAC) -16%.

🎯 Stocks On Our Radar:


πŸ† Quotes That Inspire Us:

“Whether you think you can or think you can’t, you’re right” – Henry Ford

πŸ“– Word Of The Week:

Confidence – [con·​fi·​dence] – a feeling or consciousness of one’s powers or of reliance on one’s circumstances.

“It takes time to build confidence when you are learning a new skill”

❔ Did You Know:

Professional cheesemakers are studying if music can change the taste of cheese. Sweet dreams are made of cheese! Swiss cheesemaker, Beat Wampfler, plays songs from bands like Led Zeppelin and A Tribe Called Quest during his cheese-producing process and, with the help of students from the University of the Arts in Bern, he’s studying to see if and how music can change the flavor of his Emmental cheese. πŸ§€

πŸ“š Books We Are Reading:

  1. Factfulness: Ten Reasons We’re Wrong About the World–and Why Things Are Better Than You Think – by Hans & Ola Rosling.
  2. Can Democracy Survive Global Capitalism? – by Robert Kuttner.
  3. The Life-Changing Magic Of Tidying Up:Β The Japanese Art of Decluttering and Organizing – by Marie Kondo.
  4. The Subtle Art of Not Giving a F*ck – by Mark Manson.

🀣 One-Liners:

Today a man knocked on my door and asked for a small donation toward the local swimming pool. I gave him a glass of water.

πŸ“½ A Must Watch & Listen:

πŸ“† Upcoming Events:


With Sarah Lowther, Master Investor, and Rufus Round, CEO of GlobalBlock

In an economic environment high on uncertainty with markets struggling to keep pace with inflation, Cryptocurrencies are being used by institutional and private investors alike as a hedge to balance out portfolios. As a consequence Cryptocurrencies are increasingly becoming a common part of investor portfolios. Established institutional investors such as Blackrock are now offering access to Bitcoin, while Cryptocurrency investment platforms, such as Globalblock are making it simpler for private investors to get involved.

While Cryptocurrencies are gaining wider acceptance, it remains the case that many investor simply do not understand them. Inevitably this prevents those investor from understanding if and how they can or should be including Cryptocurrencies in their own portfolios. In this webinar, Sarah Lowther will interview Rufus Round, CEO of GlobalBlock to answer your questions and prove a better understanding of the fundamentals of Cryptocurrencies.

20 October 2022 | 1pm | Online



Our very best wishes for a brilliant upcoming week! πŸ’ͺ

Respectfully yours,

The IBR Team

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