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Internet Bull Report - The Weekly Bull Report - March 22, 2020 🗞

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Welcome to the 96th edition of The Weekly Bull ReportWith so little good news to share at the moment,
 

Internet Bull Report - Discovering Remarkable Opportunities

March 23 · Issue #130 · View online
Internet Bull Report is a financial newsletter that uncovers remarkable equities and special situations that offer potential epic returns.

Welcome to the 96th edition of The Weekly Bull Report
With so little good news to share at the moment, we will keep this issue short.
It is without a doubt very difficult to see any light at the end of the tunnel whilst navigating this pandemic. Rest assured we will get through it. 🙏
“We must accept finite disappointment, but we must never lose infinite hope.” – Martin Luther King, Jr.
Here’s a short list of content we found interesting and informative over the past week…

🤔 Interesting Articles & News:
POLITICS
  • Two of the biggest economies in the U.S. - the states of New York and California - are taking the most drastic actions as Covid-19 cases continue to climb.
ECONOMICS
CULTURE
SOCIETY
TECHNOLOGY
MEDICINE & SCIENCE
CANNABIS & MUSHROOMS
SPORTS
 
💲 Noteworthy Stocks & Assets:
  • Impossible Foods raises $500 million at nearly $4 billion valuation.💰
  • With oil prices sinking 60 per cent this year, one forecast sees Brent going as low as US$5 a barrel.🛢(price manipulation in the oil markets is remarkable) 
  • Chinese cancer drugs developer InnoCare raises US$289 million after Hong Kong IPO is nearly 300 times oversubscribed. (offering size was relatively small, who really knows how much it was oversubscribed. Impressive nevertheless in this market) 
  • Top Stock Gainers
  • Blue Apron Holdings (NYSE:APRN) +341%. Bellerophon Therapeutics (NASDAQ:BLPH) +227%. Biomerica (OTC:BMRA) +180%. United Natural Foods (NYSE:UNFI) +96%. Applied DNA Sciences (NASDAQ:APDN) +66%.
  • Top Stock Losers
  • Sabre Corp (NASDAQ:SABR) -94%. Seritage Growth Properties (NYSE:SRG) -71%. Chefs Warehouse (NASDAQ:CHEF) -68%. Ruth’s Hospitality Group (NASDAQ:RUTH) -67%. Granite Point Mortgage Trust (NYSE:GPMT) -66%.
  • U.S. Indices
  • Dow -17.3% to 19,174. S&P 500 -15.% to 2,305. Nasdaq -12.6% to 6,880. Russell 2000 -16.3% to 1,013. CBOE Volatility Index +14.2% to 66.04.
  • S&P 500 Sectors
  • Consumer Staples -5.1%. Utilities -9.8%. Financials -15.2%. Telecom -8.%. Healthcare -9.3%. Industrials -14.1%. Information Technology -11.3%. Materials -9.4%. Energy -20.4%. Consumer Discretionary -10.1%.
  • World Indices
  • London -3.3% to 5,191. France -1.7% to 4,049. Germany -3.3% to 8,929. Japan -5.% to 16,553. China -4.9% to 2,746. Hong Kong -5.1% to 22,805. India -12.3% to 29,916.
  • Commodities and Bonds
  • Crude Oil WTI -26.4% to $23.41/bbl. Gold -1.8% to $1,489.7/oz. Natural Gas -15.5% to 1.578. Ten-Year Treasury Yield +1.% to 137.15.
  • Forex and Cryptos
  • EUR/USD -3.98%. USD/JPY +3.16%. GBP/USD -5.72%. Bitcoin +3.7%. Litecoin -7.9%. Ethereum -11.3%. Ripple -7.4%. Bitcoin-Cash flat.
 
🎯 Stocks On Our Radar:
Our Latest Two Articles:
 
🏆 Quotes That Inspire Us:
  • “Hope is important because it can make the present moment less difficult to bear. If we believe that tomorrow will be better, we can bear a hardship today.” – Thich Nhat Hanh
 
📖 Word Of The Week:
  • Cerebral (cer·e·bral) adj. Appealing to or requiring the use of the intellect; intellectual rather than emotional: “Her methods were cerebral, analytical, and cautious.”
 
❔ Did You Know: 
  • Did you know… Smart people are buying stocks right now; less smart people are buying toilet paper.
 
📽 A Must Watch & Listen:
 
📚 Books We Are Reading:
Our favorite picks for the
  1. The Scientist and the Spy: A True Story of China, the FBI, and Industrial Espionage by Mara Hvistendahl
  2. How We Learn: Why Brains Learn Better Than Any Machine … for Now by Stanislas Dehaen
  3. What Stars Are Made Of: The Life of Cecilia Payne-Gaposchkin by Donovan Moore
 
🤣 One Liners:
  • When an employment application asks who is to be notified in case of emergency, I always write, “A very good doctor”.
 
📆 Upcoming Events:
  • Jeff Robinson, CEO of Wuhan/MJ Medtech, is making himself available at 11 and 11:30 am EST each day this upcoming week: March 23, 24, 25, 26 and 27. To book your 30 minute video call, please send Jeff an email : jeff@mjmedtech.com.
 
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 
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