Positive Tech-Led Swing Powers Hump Day’s Stock Market – $AAPL $ADT $ASO $ATOS $FATE $GME $INVO $TLSA Rise!

Happy Wednesday!

I hope that you had a great Hump Day. As for the stock market, today’s session was a strongly positive outing after 3 consecutive down days. All major indices rose virtually throughout the day and tech stocks led the charge. Two reports surfaced from the macroeconomic schedule to help fuel the move including the weekly MBA Mortgage Applications Index report that confirmed a .8% drop & the trade deficit report that confirmed a narrowing to $70.6B. The WSJ also stated that the Fed will likely raise interest rates at the expected 75 basis points that investors have expected when the Fed gathers to announce their decision at the September 20-21 meeting. Curiously, the yield curve remained inverted while dropping as the 10-yr moved down by 8 basis points to close at 3.27% & the 2-yr note moved down 6 basis points to close at 3.45%. The US dollar index also remained uncomfortably high, but pulled back just the same to close at $109.58, -.60%. On the positive side of the market’s ledger today, oil prices dropped significantly by 5.9% to close at $81.84/bbl. Alos, note that we are now very close to seeing oil prices enter in the $60-$80 range that reigns in energy costs into a more comfortable arena that I have been referring too recently. 

In turn, the major indices moved higher overall. The S&P 500 closed at 3,979.87 (+1.83%) with 10 of the 11 sectors closing in the green, while only the energy sector dropped by 1.2% to end on the red. 3.1% The utilities sector led all with a 3.1% jump. The Dow also ended the session at 31,581.28 (+1.40%) as Dow component and tech giant Apple (AAPL) closed up by .93% to close at $155.96 while the information tech sector moved up a healthy 1.6%.  The growth oriented and tech heavy Nasdaq closed at 11,791.90 (+2.14%) as EV and tech giant Tesla (TSLA) closed at $283.70, +3.38%. The small caps on the Russell 2000 enjoyed an even more positive session as it closed at 1,832.23 (+2.20%) as growth oriented issuers were in favor overall. Keeping with the swing today, biotech stocks rose sharply as the SPDR S&P Biotech ETF (XBI) jumped 4.24% to close at $84.79. The 52-wk range is $61.78 – $134.79. The iShares Biotechnology ETF (IBB) moved up to close at $122.89, +2.80%. The 52-range is $104.29 – $175.60. A decent measure of the markets volatility or the CBOE Volatility Index (^VIX) closed at $24.64, -8.44%, and has now dipped below the much watched $25 level and traded within the range of $24.54 – $26.84. 

Around the money and precious metals’ tree, the U.S. Dollar Index again moved lower but remains at a high level and closed at 109.56,-.60%, while Bitcoin (BTC) bounced to $19,400.01, +2.12% over the last 24-hours at the time of this writing. Gold prices closed at $1,722/oz., +$18/oz. & silver closed at $18.50/oz., up $.49/oz. on the day. Two mining producers closed the day as follows: Hecla Mining Company (HL) closed at $4.04, +5.48% and First Majestic Silver Corp. (AG) closed at $7.64, +6.85%. Hecla Mining Company and Alexco Resource Corp. (NYSE American:AXU; TSX:AXU) announced today the completion of the Alexco acquisition.

 

 

On Aug. 25th, Atossa’s CEO, Dr. Steven Quay, M.D., Ph.D., and Kyle Guse, GC & CFO presented at Tribe Public’s Webinar Presentation and Q&A Event. During this complimentary event, Atossa management spoke of new opportunities for its inhalation therapy, AT-H201, to potentially treat lung injury caused by cancer treatment and were available for a Q&A session focused on Atossa’s research programs and future development. To watch the event video titled “The Important Role For Inhalation Therapy In Oncology” please visit the Tribe Public YouTube Channel. 

Economic Reports

On Tuesday, the ISM Non-Manufacturing Index report for August rose to 56.9% and is still well above the expansion line.  The August ISM Non-Manufacturing Index report also ticked up to 56.9%. 

On Wednesday, the weekly MBA Mortgage Applications Index report confirmed a .8% drop & the trade deficit report that confirmed a narrowing to $70.6B.

Investing & Inspiration

1. “It is not in the stars to hold our destiny but in ourselves.” – William Shakespeare
2. “Opportunity is missed by most people because it is dressed in overalls and looks like work.” – Thomas A. Edison
3. “Experience is one thing you can’t get for nothing.” – Oscar Wilde

4. “Any sufficiently advanced technology is indistinguishable from magic.” – Arthur C. Clarke

5. “Good questions outrank easy answers.” – Paul Samuelson

6. “Thinking: the talking of the soul with itself.” – Plato

7. “I don’t think of all the misery but of the beauty that still remains.” – Anne Frank

8. “All money is a matter of belief.” – Adam Smith

9. “People are not disturbed by things, but by the view they take of them.” – Epictetus

10. “Uncertainty is seen to retard investment independently of considerations of risk or expected return.” – Ben Bernanke

11. “I never called my work an ‘art’. It’s part of show business, the business of building entertainment.” – Walt Disney

12. “Hitch your wagon to a star.” – Ralph Waldo Emerson

13. “The greatest remedy for anger is delay.” – Lucius Annaeus Seneca

14. “Great minds discuss ideas; average minds discuss events; small minds discuss people.” – Eleanor Roosevelt

15. “Act as if what you do makes a difference. It does.” – William James

16. “Success – keeping your mind awake and your desire asleep.” – Walter Scott

17. “If I had to live my life again, I’d make the same mistakes, only sooner.” – Tallulah Bankhead

18. “When one must, one can.” – Charlotte Whitton

19. “Wealth consists not in having great possessions, but in having few wants.” – Epictetus
20. “If we open a quarrel between past and present, we shall find that we have lost the future.” – Winston Churchill
21. “Hope is patience with the lamp lit.” – Tertullian
22. “A single sunbeam is enough to drive away many shadows.” – Francis of Assisi
23. “With the past, I have nothing to do; nor with the future. I live now.” – Ralph Waldo Emerson
24. “Laziness may appear attractive, but work gives satisfaction.” – Anne Frank

25. “I never think of the future – it comes soon enough.” – Albert Einstein

26. Hope is but the dream of those who wake.” – Matthew Prior

27. “The more sand that has escaped from the hourglass of our life, the clearer we should see through it.” – Jean Paul
28. “Real knowledge is to know the extent of one’s ignorance.” – Confucius

29. “Better keep yourself clean and bright; you are the window through which you must see the world.” – George Bernard Shaw

30. “Nothing great in the world has ever been accomplished without passion.” – Georg Wilhelm Friedrich Hegel

31. “History is a vast early warning system.” – Norman Cousins 

32. “We first make our habits, and then our habits make us.” – John Dryden

33. “The traveler sees what he sees, the tourist sees what he has come to see.” – Gilbert K. Chesterton
34. “Adventure is worthwhile.” – Aesop
35. “We must build dikes of courage to hold back the flood of fear.” – Martin Luther King, Jr.
36. “The return we reap from generous actions is not always evident.” – Francesco Guicciardini

37. “Courage is knowing what not to fear.” – Plato

38. “Science may never come up with a better office communication system than the coffee break.” – Earl Wilson

39. “Progress was all right. Only it went on too long.” – James Thurber

40. “If you would know strength and patience, welcome the company of trees.” – Hal Borland

41. “We aim above the mark to hit the mark.” – Ralph Waldo Emerson

42. “Hope is being able to see that there is light despite all of the darkness.” – Desmond Tutu

43. “Our chief want is someone who will inspire us to be what we know we could be.” – Ralph Waldo Emerson

44. “Patience is a virtue, and I’m learning patience. It’s a tough lesson.” – Elon Musk

45. “Great things are done when men and mountains meet.” – William Blake

46. “The man who has no imagination has no wings.” – Muhammad Ali

47. “Formula for success: rise early, work hard, strike oil.” – J. Paul Getty

48. “Action is the foundational key to all success.” – Pablo Picasso

49. “Hope is like the sun, which, as we journey toward it, casts the shadow of our burden behind us.” – Samuel Smiles

    “The backbone of surprise is fusing speed with secrecy.” – Carl von Clausewitz

50. “There are no shortcuts in evolution.” – Louis D. Brandeis

51. “I am fascinated by what is beautiful, strong, healthy, what is living. I seek harmony.” – Leni Riefenstahl
52. “If one advances confidently in the direction of his dreams, and endeavors to live the life which he has imagined, he will meet with a success unexpected in common hours.” – Henry David Thoreau
53. “Waste no more time arguing about what a good man should be. Be one.” – Marcus Aurelius
54. “It is during our darkest moments that we must focus to see the light.” – Aristotle Onassis
55. “Courage is fear holding on a minute longer.” – George S. Patton
56. “You must be the change you wish to see in the world.” – Mahatma Gandhi
57. “Don’t judge each day by the harvest you reap but by the seeds that you plant.” – Robert Louis Stevenson 
58. “It is in the character of very few men to honor without envy a friend who has prospered.” – Aeschylus
59. “Life is a series of natural and spontaneous changes. Don’t resist them – that only creates sorrow. Let reality be reality. Let things flow naturally forward in whatever way they like.” – Lao Tzu
60. “The more you praise and celebrate your life, the more there is in life to celebrate.” – Oprah Winfrey
61. “Anything simple always interests me.” – David Hockney
62. “He who angers you conquers you.” – Elizabeth Kenny
63. “Concision in style, precision in thought, decision in life.” – Victor Hugo
64. “The secret of genius is to carry the spirit of the child into old age, which means never losing your enthusiasm.” – Aldous Huxley
65. “View health as an investment, not an expense.” – John Quelch
66. “The most effective way to do it, is to do it.” – Amelia Earhart
67. “Man needs his difficulties because they are necessary to enjoy success.” – A. P. J. Abdul Kalam
68. “Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment.” – Buddha
69. “Nobody made a greater mistake than he who did nothing because he could do only a little.” – Edmund Burke
70. “You must do the things you think you cannot do.”- Eleanor Roosevelt
71. “Success is dependent on effort.” – Sophocles
72. “Nobody who ever gave his best regretted it.” – George Halas
73. “Lots of people want to ride with you in the limo, but what you want is someone who will take the bus with you when the limo breaks down.” ~ Oprah Winfrey
74. “And when I breathed, my breath was lightning.” – Black Elk
75. “Moderation is the silken string running through the pearl chain of all virtues.” – Joseph Hall
76. “You are the sum total of everything you’ve ever seen, heard, eaten, smelled, been told, forgot – it’s all there. Everything influences each of us, and because of that I try to make sure that my experiences are positive.” – Maya Angelou
77. “If you want a guarantee, buy a toaster.” – Clint Eastwood
78. “We are an impossibility in an impossible universe.” – Ray Bradbury
79. “If you think in terms of a year, plant a seed; if in terms of ten years, plant trees; if in terms of 100 years, teach the people.” – Confucius
80. “I’d rather attempt to do something great and fail than to attempt to do nothing and succeed.” – Robert H. Schuller
81. “Do your little bit of good where you are; it’s those little bits of good put together that overwhelm the world.” Desmond Tutu
82. “It takes considerable knowledge just to realize the extent of your own ignorance.” – Thomas Sowell
83. “Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment.” – Buddha”
84. Surprise is the greatest gift which life can grant us.” –  Boris Pasternak
85. “Trust in dreams, for in them is hidden the gate to eternity.” – Khalil Gibran 
86. “Always be yourself, express yourself, have faith in yourself, do not go out and look for a successful personality and duplicate it.” – Bruce Lee
87. “All life is an experiment. The more experiments you make the better.” – Ralph Waldo Emerson
88. “There are no secrets to success. It is the result of preparation, hard work, and learning from failure.” –  Colin Powell
89. “There is more to life than increasing its speed.” – Mahatma Gandhi
90. “Your attitude is like a box of crayons that color your world. Constantly color your picture gray, and your picture will always be bleak. Try adding some bright colors to the picture by including humor, and your picture begins to lighten up.” – Allen Klein
91. “Definiteness of purpose is the starting point of all achievement.” – W. Clement Stone
92. “Success usually comes to those who are too busy to be looking for it.” – Henry David Thoreau
93. “In matters of truth and justice, there is no difference between large and small problems, for issues concerning the treatment of people are all the same.” – Albert Einstein
94. “Life is too short for long-term grudges.” – Elon Musk
95. “There cannot be a crisis next week. My schedule is already full.” – Henry Kissinger
96. “Success consists of getting up just one more time than you fall.” – Oliver Goldsmith
97. “The Earth is the cradle of humanity, but mankind cannot stay in the cradle forever.” – Konstantin Tsiolkovsky
98. “Ours is a world of nuclear giants and ethical infants. We know more about war that we know about peace, more about killing that we know about living.” – Omar N. Bradley
99. “Beauty surrounds us, but usually we need to be walking in a garden to know it.” – Rumi
100. “But man is not made for defeat. A man can be destroyed but not defeated.” – Ernest Hemingway
101. “Don’t watch the clock; do what it does. Keep going.” – Sam Levenson
102. “Let there be work, bread, water and salt for all.” – Nelson Mandela
103. “The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.” – John Maynard Keynes
104. “A successful society is characterized by a rising living standard for its population, increasing investment in factories and basic infrastructure, and the generation of additional surplus, which is invested in generating new discoveries in science and technology.” – Robert Trout
105. “I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones.” – Albert Einstein
106. “It is the fight alone that pleases us, not the victory.” – Blaise Pascal
107. “If you can’t describe what you are doing as a process, you don’t know what you’re doing.” – W. Edwards Deming
108. “Never interrupt your enemy when he is making a mistake.” – Napoleon Bonaparte
109. “Be sure you put your feet in the right place, then stand firm.” – Abraham Lincoln
110. “Without investment there will not be growth, and without growth there will not be employment.” – Muhtar Kent
111. “You have to do your own growing no matter how tall your grandfather was.” – Abraham Lincoln
112. “Victory has a thousand fathers, but defeat is an orphan.” – John F. Kennedy
113. “Delete the negative; accentuate the positive!” – Donna Karan
114. “It’s crazy how fast time flies and how things progress.” – Nathan Chen
115. “The world is a dangerous place to live; not because of the people who are evil, but because of the people who don’t do anything about it.” – Albert Einstein
116. “Life isn’t about finding yourself. Life is about creating yourself.” – George Bernard Shaw
117. “Everything has beauty, but not everyone sees it.” – Confucius
118. “A man must be big enough to admit his mistakes, smart enough to profit from them, and strong enough to correct them.” – John C. Maxwell
119. “Walking with a friend in the dark is better than walking alone in the light.” – Helen Keller
120. “A man who dares to waste one hour of time has not discovered the value of life.” – Charles Darwin
121. “The greater danger for most of us lies not in setting our aim too high and falling short; but in setting our aim too low, and achieving our mark.” – Michelangelo
122. “Progress is man’s ability to complicate simplicity.” – Thor Heyerdahl
123. “I like to encourage people to realize that any action is a good action if it’s proactive and there is positive intent behind it.” – Michael J. Fox
124. “Nothing is impossible, the word itself says ‘I’m possible’!” – Audrey Hepburn
125. “But investment in space stimulates society, it stimulates it economically, it stimulates it intellectually, and it gives us all passion.” – Bill Nye
126. “Bitcoin, in the short or even long term, may turn out be a good investment in the same way that anything that is rare can be considered valuable. Like baseball cards. Or a Picasso.” – Andrew Ross Sorkin
127. “Life is a tragedy when seen in close-up, but a comedy in long-shot.” – Charlie Chaplin
128. “No matter what you’re going through, there’s a light at the end of the tunnel and it may seem hard to get to it but you can do it and just keep working towards it and you’ll find the positive side of things.” – Demi Lovato
129. “Infrastructure investment in science is an investment in jobs, in health, in economic growth and environmental solutions.” – Oren Etzioni
130. “Educating our children and giving them the skills they need to compete in a global economy is a smart investment in our country’s future.” – Sheldon Whitehouse
131. “Know thy self, know thy enemy. A thousand battles, a thousand victories.” – Sun Tzu
132. “If one does not know to which port one is sailing, no wind is favorable.” – Lucius Annaeus Seneca
133. “Beware of missing chances; otherwise it may be altogether too late some day.” – Franz Liszt
134. “The sofa is a really important investment for anybody, and I don’t mean financially. You need to find a really great sofa that can transition with you, and you can build from there.” – Jeremiah Brent
135. “There is no investment you can make which will pay you so well as the effort to scatter sunshine and good cheer through your establishment.” – Orison Swett Marden
136. “Nothing in life is to be feared, it is only to be understood. Now is the time to understand more, so that we may fear less.” – Marie Curie
137. “There is little that can withstand a man who can conquer himself.” – Louis XIV
138. “In tennis, you strike a ball just after the rebound for the fastest return. It’s the same with investment.” – Masayoshi Son
139. “A camel makes an elephant feel like a jet plane.” – Jackie Kennedy
140. “The advance of technology is based on making it fit in so that you don’t really even notice it, so it’s part of everyday life.” – Bill Gates
141. “Success depends upon previous preparation, and without such preparation there is sure to be failure.” – Confucius, Chinese 
142. “Coming together is a beginning; keeping together is progress; working together is success.” – Edward Everett Hale
143. “Never do anything against conscience even if the state demands it.”– Albert Einstein
144. “Education is not only a ladder of opportunity, but it is also an investment in our future.” – Ed Markey
145. “The true measure of a man is how he treats someone who can do him absolutely no good.” – Samuel Johnson
146. “In my view, the biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital. Not only is the mere drop in stock prices not risk, but it is an opportunity. Where else do you look for cheap stocks?” – Li Lu
147. “A successful society is characterized by a rising living standard for its population, increasing investment in factories and basic infrastructure, and the generation of additional surplus, which is invested in generating new discoveries in science and technology.” – Robert Trout
148. “The best preparation for tomorrow is doing your best today.” – H. Jackson Brown, Jr.
149. “Friendship marks a life even more deeply than love. Love risks degenerating into obsession, friendship is never anything but sharing.” – Elie Wiesel
150. “Investing in women’s lives is an investment in sustainable development, in human rights, in future generations – and consequently in our own long-term national interests.” – Liya Kebede
151. “Success isn’t measured by money or power or social rank. Success is measured by your discipline and inner peace.” – Mike Ditka
152. “No matter how many goals you have achieved, you must set your sights on a higher one.” – Jessica Savitch 
153. “Start where you are. Use what you have. Do what you can.”– Arthur Ashe
154. “The secret of getting ahead is getting started.” – Mark Twain
155. “The amount of work and the amount of both physical and emotional investment it takes to get to the top.” – Drew Bledsoe