The Weekly Bull Report โ€“ September 18 , 2022 ๐Ÿ—ž

Welcome to the 218th edition of The Weekly Bull Report.

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

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๐Ÿค” Interesting Articles & News:

POLITICS

ECONOMICS

  • FedEx (FDX) sent shudders down traders’ spines late Thursday after sounding the alarm on macro weakness and withdrawing its full-year guidance. CEO Raj Subramaniam said he expects the economy to enter a worldwide recession, and would have to implement cost-cutting initiatives (closing 90 offices and five corporate locations, freezing hiring, reducing flights, etc.) to deal with softer global shipment volumes. FDX shares tumbled nearly 20% in response.๐Ÿ“‰
  • Here are the winners and losers of China’s economic slowdown as it ripples though global markets. ๐Ÿ’น

CULTURE

SOCIETY

TECHNOLOGY

MEDICINE & SCIENCE

CANNABIS & PSYCHEDELICS

SPORTS

m2bio-sciences-newsletter-internet-bull-report



๐Ÿ’ฒ Noteworthy Stocks & Assets:

 


Earnings spotlight:

Monday, September 19 – AutoZone (AZO)

Tuesday, September 20 – Stich Fix (SFIX) and Aurora Cannabis (ACB).Wednesday, Wednesday, September 21 – General Mills (GIS), Trip.com (TCOM),

Thursday, September 22 – Costco (COST), FedEx (FDX), Darden Restaurants (DRI), Accenture (ACN), and Manchester United (MANU).

 


IPOs expected to start trading this week:

Biotech firm Jupiter Neurosciences (JUNS) is expected to start trading on September 21 and immune therapeutics developer Alopexx (ALPX) is expected to start trading on September 22. The IPO lockup period expires for AN2 Therapeutics (ANTX) on certain blocks of shares. Also, next week, watch for more developments with the highly-anticipated Volkswagen AG (OTCPK: VLKAF) IPO. The German automaker has lined up commitments from notable investors, including the Norwegian sovereign wealth fund. The IPO will see 911M Porsche AG (OTCPK: POAHY) shares offered in a nod to the famous model. The shares will be split into 455.5M preferred shares and 455.5M ordinary shares, with only the preferred shares being listed. The book-building process is anticipated to start early next week. Before the recent market downturn, Volkswagen was said to be seeking a valuation of around $70B to $85B. Across the Pacific, Tencent Music’s (TME) Hong Kong listing could start trading.

 


What Moved the Markets:

U.S. Indices
Dow -4.1% to 30,822. S&P 500 -4.8% to 3,873. Nasdaq -5.5% to 11,448. Russell 2000 -4.6% to 1,795. CBOE Volatility Index +15.4% to 26.3.

S&P 500 Sectors
Consumer Staples -3.6%. Utilities -3.8%. Financials -3.8%. Telecom -6.4%. Healthcare -2.4%. Industrials -6.4%. Information Technology -6.1%. Materials -6.7%. Energy -2.6%. Consumer Discretionary -4.2%.

World Indices
London -1.6% to 7,237. France -2.2% to 6,077. Germany -2.7% to 12,741. Japan -2.3% to 27,568. China -4.2% to 3,126. Hong Kong -3.1% to 18,762. India -1.6% to 58,841.

Commodities and Bonds
Crude Oil WTI -1.6% to $85.4/bbl. Gold -2.6% to $1,684.5/oz. Natural Gas -2.2% to 7.817. Ten-Year Bond Yield -0.2 bps to 3.455.

Forex and Cryptos
EUR/USD -0.24%. USD/JPY +0.29%. GBP/USD -1.42%. Bitcoin -8.3%. Litecoin -10.9%. Ethereum -18.8%. XRP -1.9%.

Top S&P 500 Gainers
Royal Caribbean Cruises (RCL) +7%. APA (APA) +6%. Norwegian Cruise Line Holdings (NCLH) +5%. Humana (HUM) +4%. Wynn Resorts (WYNN) +4%.

Top S&P 500 Losers
Adobe (ADBE) -24%. FedEx (FDX) -23%. Nucor (NUE) -18%. WestRock (WRK) -16%. Generac Holdings (GNRC) -16%.

 


๐ŸŽฏ Stocks On Our Radar:

 


๐Ÿ† Quotes That Inspire Us:

โ€œOnce you replace negative thoughts with positive ones, youโ€™ll start having positive results.โ€ โ€”Willie Nelson ๐Ÿ‘๐Ÿ’ญ

 


๐Ÿ“– Word Of The Week:

Ersatz – [ หˆษ›r zษ‘ts, -sษ‘ts ] adjectiveย 

Serving as a substitute; synthetic; artificial.

“Unable to print the real thing, Zimbabweโ€™s central bank recently announced that it would introduce a kind of ersatz American money for citizens to use in its place.” ๐Ÿ’ธ๐Ÿ’ธ

 


โ” Did You Know:

 


๐Ÿ“š Books We Are Reading:


๐Ÿคฃ One-Liners:

Always remember you’re unique, just like everyone else. ๐Ÿ˜…๐Ÿค”

 


๐Ÿ“ฝ A Must Watch & Listen:


๐Ÿ“† Upcoming Events:

MASTER INVESTOR SECTOR FOCUS:
Going for Gold

Join us on 21st September for a webinar focused on gold. With global uncertainty has come a renewed interest in the precious metal and weโ€™ll discuss the gold outlook with major investor, Jim Mellon. Master Investor will host four gold companies with exciting projects in development to help keep our investors ahead of the curve.

21 September 2022 | London | 1:30pm โ€“ 3:30pm

> REGISTER HERE <


 

Our very best wishes for a brilliant upcoming week! ๐Ÿ’ช

Respectfully yours,

The IBR Team

Please send any news, comments, or stock ideas to jeff@internetbullreport.comย and follow IBR on Twitter @IBullReportย Resultado de imagen de twitter logo

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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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