Welcome to the 159th edition of The Weekly Bull Report.Happy Mandela Day – Please watch this one minute video .🎬❤☮🇿🇦 Here’s a shortlist of the content we found interesting and informative over the past week… 🤔 Interesting Articles & News: POLITICS – After publicly rejecting the $3.5 trillion spending deal Monday, Bernie [turned around to tout it as the most transformational policy in 100 years] .↔️ – All eligible US adults have so far received $3,200 in COVID stimulus aid – [the dems.push for more] .💵 – What is scarce, underground, and frequently quarreled about? [Water] .💧 – Cases have quadrupled in the UK since June, yet Boris is set to [lift remaining infection control measures on 19 July] .
😷 – Mystery brain illness, similar to Havana syndrome, [reported by over 20 Vienna-US-diplomats] since Joe Biden took office in January.
– Prompted by protests, the Cuban government will temporarily allow inbound travelers to bring [food, medicine, and hygiene supplies without paying duties] .🏥 – Incredible destruction caused by [looting in South Africa] .(a real tragedy) ECONOMICS – Sudan’s foreign debt is estimated at $70bn, [and the 22 member nations of the Paris Club just renounced $14bn of it] while urging others to do the same.💰 – S&P cuts Kuwait’s rating by one notch [citing Gulf state’s lack of funding strategy to finance the deficit] .
🇰🇼 – Consumers’ worry over rising prices on homes, vehicles, and household durables – [sending the consumer sentiment 6-month low] .📉 – JPMorgan estimates South Africa riots [will push the economy into a 3% contraction in Q3] .
🇿🇦 – Parents facing a “huge challenge” to handle childcare this summer [with canceled holiday clubs and annual leave used up] .
👶 – More than £2.3bn lost in scams this past year [as frauds surge during the pandemic] .⚠️ CULTURE – Barry Diller headed 2 Hollywood studios.[He says the movie business is dead] .
🎬 – The world’s tallest sandcastle, standing at 21 meters tall, [was completed in Denmark] .🏰 – Damien Hirst [launches his own NFT ‘Currency’] .- What makes [a cult a cult] ? – Pinara, in Turkey [houses honeycomb tombs carved into cliffs.] – The new Space Jam movie [showcases computer algorithms as monsters.] 🎞 – Rosetta stone proves [to be the key to crack the code of Egyptian Hieroglyphics.] 🔑 – Picasso on the Blockchain: [The tokenization of “Fillette au béret”] .- Funkadelic’s third album was a [psychedelic blast of freewheeling protest music] .SOCIETY – France will require people to be vaccinated [to enter a restaurant or attraction] .💉 – India is proposing a 2-child policy to [keep its population under control] .
👨👩👧👦 – Ancient diamonds show Earth was [primed for life’s explosion at least 2.7 billion years ago] .💎 – How geographers and psychogeographers [complement each other.] – What are people’s choice of the 10 best places to live in the US – [a post-covid analysis.] 🏙 – A 4-day workweek [is a terrible idea] .👎 TECHNOLOGY – Third-largest diamond was found in June, then a bigger one days later.[What’s behind the monster gem boom] ? 💎 – How Virtual Reality unveiled a [unique brain wave that could boost learning] .- Critics point to the environmental impact of [building million-dollar data centers.] 🌱 – What are digital twins and [why’s it revolutionary technology] ? – Digital twins technology [is transforming the multi-trillion-dollar construction industry.] 🏗 – Breaking wine glass captured at 187,500 FPS [reveals the destruction complexity paradigm.] – World’s first 3D printed steel bridge [that collects real-time data inaugurated in Amsterdam.] 🌉 – If you think your internet is fast, better think again – [Japan introduces neck-breaking 319 Terabytes per second internet] .💨 – What ever happened to [IBM’s Watson] ? – Watch robots make pizzas from start to finish at an [automated pizzeria] .🍕 MEDICINE & SCIENCE – 90-year-old woman [infected with UK and South African COVID-19 variants] at the same time.😷 – Coffee consumption linked to [lower risk of COVID-19 infection] .☕️ – When drugs of abuse [become psychiatric medications] .
💊 – Johns Hopkins spinoff building [risk prediction tools emerges with $15M] .- Alcohol use was [linked to over 740,000 cancer cases last year] .- Vaccinated U.K.Health Secretary [tests positive for COVID-19] .
– Tooth loss associated with [increased cognitive impairment and dementia] .- 1 in 20 children hospitalized for COVID-19 in the UK [develop neurological complications associated with the viral infection] .- A new theory proposes an imbalance of blood proteins involved in the immune system and in blood clotting networks [leads to inflammation that contributes to the development of psychosis] .CANNABIS & PSYCHEDELICS – Israeli lab grows [‘magic’ mushrooms to treat depression] .
🍄 – Psychedelic microdosing study to reveal [what really happens in brains] .- LSD and nicotine could be [more important to healthcare than we think] .
– Cannabis sector currently offers [‘Generational Wealth Opportunity] ‘.- How do psychedelics [affect the brain] ? SPORTS.- Favorable US Supreme court ruling encourages school athletes [to continue academics alongside their sporting dream.] 📚 – Spalding era as NBA basketball-ball comes to a halt [as parties unable to agree on new terms.] 🏀 – Olympics game organizer tests COVID positive at Japan’s Olympics village – adding to the [infection risk scrutiny.] – Nike’s new partnership isn’t with LeBron James or Looney Tunes, [it’s with entertainment-giant Warner Bros] .🎬 – Arsenal to sign Brighton’s 23-year-old defensor Ben White [in £50 million deal] .⚽️ 💲 Noteworthy Stocks & Assets: – Lumber, which at one point was among the world’s best-performing commodities [has officially wiped out all of its staggering gains for the year] .- The hidden costs of [Dollar General] .(NYSE: $DG) 💰 – Blockchain-based fantasy [soccer platform Sorare to raise $532M] .
⚽️ – The $17.9 Billion [Murdoch Media Empire] .
🎥 – TriStar Gold (OTC: $TSGZF) [an inflation hedge with potential for strong returns] .📈 – Brent oil’s new highs [indicate new volatility] .🛢 – Blockchain will be ‘hugely disruptive’ to finance: [Franklin Templeton CEO] .Earnings spotlight: The earnings season heats up in a big way next week with IBM (NYSE:IBM), Netflix (NASDAQ:NFLX), Chipotle (NYSE:CMG), Coca-Cola (NYSE:KO) and Twitter (NYSE:TWTR) just a few of the major companies due to spill numbers.Economic reports due out include updates on housing starts, construction data, existing home sales and the latest round of PMI numbers.Meanwhile, the event calendar features a show-and-tell from L Brands (NYSE:LB) ahead of the split of the Victoria’s Secret and Bath & Body Works businesses.
Cryptocurrency investors will be watching several Bitcoin conferences and all eyes in the electric vehicle sector will be on the splashy trading debut of Lucid Motors.Monday, July 19th: AutoNation (NYSE:AN) and IBM (IBM).Tuesday, July 20th: Travelers (NYSE:TRV), UBS (NYSE:UBS), Philip Morris International (NYSE:PM), Travelers (TRV), United Airlines (NASDAQ:UAL), Chipotle (CMG) and Netflix (NFLX).Wednesday, July 21st: Verizon (NYSE:VZ), Johnson & Johnson (NYSE:JNJ), Coca-Cola (KO), Texas Instruments (NASDAQ:TXN) and Kinder Morgan (NYSE:KMI).Thursday, July 22nd: AT&T (NYSE:T), Dow (NYSE:DOW), Abbott Labs (NYSE:ABT), American Airlines (NASDAQ:AAL), Intel (NASDAQ:INTC), Twitter (TWTR), Snap (NYSE:SNAP), VeriSign (NASDAQ:VRSN), Domino’s Pizza (NYSE:DPZ) and Las Vegas Sands (NYSE:LVS).Friday, July 23rd: American Express (NYSE:AXP), Honeywell (NASDAQ:HON) and Kimberly-Clark (NYSE:KMB).IPOs expected to start trading this week: Look for public debuts for Paycor HCM (PYCR), Vtex (VTEX), CS Disco (LAW) Kaltura (KLTR), Gambling Group (GAMB), Ryan Specialty Group (RYAN), Instructure (INST), Zenvia (NASDAQ:ZENV), Couchbase (BASE), Zevia (ZVIA) and Outbrain (OB).
IPO lockup periods expire on MYT Netherlands (NYSE:MYTE), Dream Finders Homes (NASDAQ:DFH), RLX Technology (NYSE:RLX), Patria Investments (NASDAQ:PAX), Montauk Renewables (NASDAQ:MNTK) and Huadi International Group (NASDAQ:HUDI).The most notable quiet period expiration of the week may be for Chinese EV truck maker Full Truck Alliance (NYSE:YMM).
What Moved The Markets Last Week: U.S.Indices Dow -0.5% to 34,688.S&P 500 -1.% to 4,327.Nasdaq -1.9% to 14,427.Russell 2000 -5.2% to 2,161.CBOE Volatility Index +14.% to 18.45.S&P 500 Sectors Consumer Staples +1.3%.
Utilities +2.6%.Financials -1.6%.Telecom -0.3%.Healthcare -0.2%.Industrials -1.5%.Information Technology -0.6%.Materials -2.4%.Energy -7.7%.
Consumer Discretionary -2.6%.World Indices London -1.6% to 7,008.France -1.1% to 6,460.Germany -0.9% to 15,540.
Japan +0.2% to 28,003.
China +0.4% to 3,539.Hong Kong +2.7% to 28,082.India +1.4% to 53,140.Commodities and Bonds Crude Oil WTI -4.2% to $71.46/bbl.Gold +0.1% to $1,812.6/oz.
Natural Gas +0.1% to 3.679.Ten-Year Treasury Yield +0.3% to 133.84.Forex and Cryptos EUR/USD -0.56%.USD/JPY -0.08%.GBP/USD -0.91%.
Litecoin -10.1%.Ethereum -11.2%.Ripple -7.1%.Top Stock Gainers State Auto Finl Corp (NASDAQ:STFC) +191%.
Red Cat Holdings Inc (OTCQB:RCAT) +137%.Datasea Inc (NASDAQ:DTSS) +71%.Bon Natural Life Limited (NASDAQ:BON) +63%.Mediaco Holding Inc Cl A (NASDAQ:MDIA) +62%.Top Stock Losers Precision Drilling Corp (NYSE:PDS) -17%.
Amyris Inc (NASDAQ:AMRS) -17%.Cbdmd Inc (NYSE:YCBD) -17%.Bright Health Group Inc (NYSE:BHG) -17%.
Englobal Corp (NASDAQ:ENG) -17%.🎯 Stocks On Our Radar: – [Biohaven Pharmaceutical] (NYSE: BHVN) – $200 target.📈 – [AgeX] (NYSE: AGE)📈 – ( $3.00 target) – [Portage Biotech] (NASDAQ: PRTG) 📈 – (shares still very much underperforming – a serious breakout is imminent) – [Wuhan General Group] (OTC: WUHN)📈 (absolute steal at this price, look for news this week and a strong breakout to the upside) – [Agronomics Ltd] (OTC:AGNMF)📈 – [Regent Pacific Group Ltd] .
(HKG: 0575) 📈 – [ThreeD Capital Inc.] (IDK.CN) (OTC: IDKFF)📈 🏆 Quotes That Inspire Us: “What counts in life is not the mere fact that we have lived.It is what difference we have made to the lives of others that will determine the significance of the life we lead.” Nelson Mandela 📖 Word Of The Week: Venality n.
1.The condition of being susceptible to bribery or corruption.
2.The use of a position of trust for dishonest gain: “The venality of a corrupt judge.” ❔ Did You Know: The sportsman Albert Goodwill Spalding created the first basketball in 1894 at the request of the inventor of the game, James Naismith.🏀 📚 Books We Are Reading: – [The Splendid and the Vile: A Saga of Churchill, Family, and Defiance During the Blitz] – Erik Larson – [Acting With Power: Why We Are More Powerful Than We Believe] – Deborah Gruenfeld – [Square Haunting: Five Writers in London Between the Wars] – Francesca Wade – [Hacking Darwin: Genetic Engineering and the Future of Humanity] – Jamie Metzl – [Ghosts of Gold Mountain: The Epic Story of the Chinese Who Built the Transcontinental Railroad] – Gordon H.Chang One-Liners: I had an appointment to see my psychic next week, but she just called to cancel.She said I won’t be able to make it.📽 A Must Watch & Listen: Talking Psychedelic Microdosing on ABC Radio Sydney 6th April 2021 .Psychedelics in Medicine.
Talk begins at the 29-minute mark .Damien Hirst and Mark Carney discuss the artist’s new hybrid NFT project ‘The Currency’ .Opinionated Science Episode 32: Debunking the “Hygeine Hypothesis” and Psychedelic Brain Changes .Upcoming Events Blockchain 3.0 and Non-Fungible Tokens Presented by Dr Mehran Zarrebini and Monique Morrow.Our very best wishes for a brilliant upcoming week! 💪 Respectfully yours, The IBR Team Please send any news, comments, or stock ideas to 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..