The Weekly Bull Report – October 23 , 2022 🗞

Welcome to the 223rd edition of The Weekly Bull Report.

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

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


🤔 Interesting Articles & News:

POLITICS

ECONOMICS

CULTURE

SOCIETY

TECHNOLOGY

MEDICINE & SCIENCE

CANNABIS & PSYCHEDELICS

SPORTS

m2bio-sciences-newsletter-internet-bull-report



💲 Noteworthy Stocks & Assets:


Earnings spotlight:

Monday, October 24 – Packaging Corporation of America (NYSE:PKG).

Tuesday, October 25 – Valero Energy (VLO), General Motors (GM), UPS (UPS), Coca-Cola (KO), Alphabet (GOOG), Mattel (NASDAQ:MAT), Microsoft (MSFT), Visa (V), F5 (FFIV), Alphabet (GOOG), and Chipotle (CMG).

Wednesday, October 26 – Boeing (BA), General Dynamics (GD), Kraft Heinz (KHC), Ford Motor (F), Meta Platforms (META), Canadian Pacific (NYSE:CP), and Hilton Worldwide.

Thursday, October 27 – Comcast (CMCSA), Anheuser-Busch InBev (BUD), Caterpillar (NYSE:CAT), Merck (MRK), McDonald’s (MCD), Southwest Airlines (LUV), Altria (MO), Amazon (NASDAQ:AMZN), Apple (AAPL), and Intel (INTC)

Friday, October 28 – Exxon Mobil (XOM), Chevron (NYSE:CVX), and AbbVie (ABBV)

 


IPOs expected to start trading this week:

The IPO market heats up next week with Intel (INTC) setting self-driving subsidiary Mobileye (MBY) free in an offering. Intel (INTC) expects the offering to be priced between $18 and $20 per share, which would value the Israel-based at close to $16B. After the IPO, Intel will still retain control of Mobileye by holding 750M shares of Class B stock which has 10X the voting power of the Class A stock. Mobileye (MBLY) has partnerships with notable automakers such as Audi, BMW and Volkswagen. In addition to the Mobileye IPO, watch Medical (NASDAQ:TNON), Ostin Technology Group (OST), HilleVax (HLVX), Belite Bio (NASDAQ:BLTE), and Marpai (NASDAQ:MRAI) next week with IPO lockup periods due to expire for certain blocks of shares.

 


What Moved the Markets:

U.S. Indices
Dow +4.9% to 31,083. S&P 500 +4.7% to 3,753. Nasdaq +5.2% to 10,860. Russell 2000 +3.6% to 1,742. CBOE Volatility Index -7.3% to 29.69.

S&P 500 Sectors
Consumer Staples +2.2%. Utilities +2.%. Financials +3.9%. Telecom +5.%. Healthcare +2.3%. Industrials +4.7%. Information Technology +6.5%. Materials +6.2%. Energy +8.1%. Consumer Discretionary +5.6%.

World Indices
London +1.6% to 6,970. France +1.7% to 6,035. Germany +2.4% to 12,731. Japan -0.7% to 26,891. China -1.1% to 3,039. Hong Kong -2.3% to 16,211. India +2.4% to 59,307.

Commodities and Bonds
Crude Oil WTI -0.8% to $84./bbl. Gold +0.8% to $1,662.5/oz. Natural Gas -22.6% to 4.992. Ten-Year Bond Yield -0.2 bps to 4.219.

Forex and Cryptos
EUR/USD +1.47%. USD/JPY -0.73%. GBP/USD +1.24%. Bitcoin +0.5%. Litecoin +2.2%. Ethereum +1.9%. XRP -4.8%.

Top S&P 500 Gainers
Netflix (NFLX) +26%. Schlumberger (SLB) +20%. Intuitive Surgical (ISRG) +19%. Lam Research (LRCX) +17%. Lockheed Martin (LMT) +17%.

Top S&P 500 Losers
SVB Financial (SIVB) -28%. Generac Holdings (GNRC) -20%. M&T Bank (MTB) -13%. Robert Half International (RHI) -10%. Comerica (CMA) -9%.


🎯 Stocks On Our Radar:

  1. AgeX (NYSE: AGE) 📈  – $3.00 target
  2. Portage Biotech (NASDAQ: PRTG) 📈 $45 target 
  3. Agronomics Ltd (OTC: AGNMF) 📈 
  4. Regent Pacific Group Ltd. (HKG: 0575) 📈
  5. ThreeD Capital Inc. (IDK.CN) (OTC: IDKFF) 📈
  6. Palantir Technologies Inc. (PLTR: NYSE) 📈Big (beta) upside. $25 target
  7. M2Bio Sciences (OTC: MRES) 📈

 


🏆 Quotes That Inspire Us:

“If people are doubting how far you can go, go so far that you can’t hear them anymore.” —Michele Ruiz


📖 Word Of The Week:

Context – [kɒn-tekst] – the situation within which something exists or happens, and that can help explain it.

noun

“The small battle is very important in the context of Scottish history.”


Did You Know:

Did you know there’s a 50,000-word novel without the letter “E”? 

Gadsby is a lipogram, or book written entirely without the use of any letters. This letter is “E” in the case of Ernest Vincent Wright’s 1939 novel Gadsby📚


📚 Books We Are Reading:

  1. The Splendid and the Vile: A Saga of Churchill, Family, and Defiance During the Blitz – Erik Larson
  2. Acting With Power: Why We Are More Powerful Than We Believe – Deborah Gruenfeld
  3. Square Haunting: Five Writers in London Between the Wars – Francesca Wade
  4. Hacking Darwin: Genetic Engineering and the Future of Humanity – Jamie Metzl
  5. Ghosts of Gold Mountain: The Epic Story of the Chinese Who Built the Transcontinental Railroad – Gordon H. Chang

🤣 One-Liners:

Why are art collectors such big fans of gasoline? Because it makes their Van Gogh.🎭


📽 A Must Watch & Listen:

  • Laurie Santos, Professor of Psychology and the Head of Silliman College at Yale University. She teaches Psychology and the Good Life, one of the most popular courses at Yale. Watch it here.

📆 Upcoming Events:

Nothing on our radar at the moment… 🔎

 

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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