Tuesday’s Markets Swing To Green – $ADT $AAPL $HOOD $INVO $TSLA Move Higher

Happy Tuesday!

After a quick bump higher out the gate this morning the markets drifted sharply lower during the first hour, but then proceeded to climb broadly throughout the day. Also, generally, the larger you were the higher you climbed today as increased trading volumes lifted the large caps and remained relatively low for the small to micros. 10 sectors rose today with energy up 1.8%, industrials up 1.4%, health care up 1.4%, &  financials up 1.1% to lead the advance, while only the communication services sector finished in the red down .2%. The large caps indeed outperformed as was evidenced by the Dow 30 which closed at 35,116.40 (+.80%), the S&P 500 which closed at 4,423.15 (+.82%), & the Nasdaq which closed at 14,761.29 (+.55%). The smalls on the Russell 200o also closed higher today at 2,223.58 (+.36%) & the microchips also moved up as the iShares Micro-Cap ETF (IWC) closed at $144.18, (+.32%).

The macroeconomic schedule delivered a single report as the Factory Orders report for June confirmed a rise of 1.5%. Tomorrow’s schedule will produce the ISM Non-Manufacturing Index report for July, the ADP Employment Change report for July, the final IHS Markit Services report for July, & the weekly MBA Mortgage Applications Index report.

The 10-yr treasury yield moved up 1 basis point to close at 1.18% after touching 1.14% & the 2-yr yield stayed pat to close at .17%. The U.S. Dollar Index closed at 92.07 flat on the day.

Gold prices fell $2 to close at $1,811 and silver closed at $25.55, +$.12.

BIOTECH

The SPDR S&P Biotech ETF (XBI) closed at $124.82, +.72%, swinging strongly after dipping to a intraday low of $122.40, the iShares Nasdaq Biotechnology ETF (IBB) closed at $169.40, +2.14% & the NYSE ARCA Biotech Index (^BTK) closed at 5,849.06, 1.15%.

According to Bloomberg, SoftBank Group Corp. has built a $5B stake in Roche Holding AG. SoftBank Group Corp has reportedly invested in Pacific Biosciences of California Inc., AbCellera Biologics and Sana Biotechnology. Keep an eye out for SB Northstar, Softbank’s asset management arm, as Bloomberg also reported that they are planning to spend billions in public biotech companies.

TECH

Apple (AAPL) beat analyst estimates last week with revenue increasing 36% Y/Y to $81.4B while iPhone revenue jumped ~+50% in Q2. Shares of Apple closed at $147.36, +1.26% today.

Tesla (TSLA) ticked higher again today to close at $709.74, +.01%.

Shares of chip maker NVIDIA (NVDA) closed at $198.15, +.33% today after a recent 4-1 stock split.

Microsoft (MSFT) closed at $287.12, +.8%.

Amazon.com (AMZN) closed at 3,366.24, +1%.

ADT (ADT), the most trusted brand in smart home and business security and Google (GOOG) partner, closed trading today $10.63, +.09%. ADT will release its second quarter 2021 financial results after the close of trading on Wednesday, August 4, 2021. Following the release, management will host a conference call at 5:00 p.m. ET to discuss the financial results and other related matters. The conference call can be accessed as follows: By dialing 1-877-407-3982 (domestic) or 1-201-493-6780 (international) and requesting the ADT Second Quarter 2021 Earnings Conference Call. Live webcast accessed through ADT’s website at investor.adt.com. An audio replay of the conference call will be available from approximately Wednesday, August 4, 2021, 8:00 p.m. ET until Wednesday, August 18, 2021, 11:59 p.m. ET, and can be accessed by dialing 1-844-512-2921 (domestic) or 1-412-317-6671 (international), and providing the passcode, 13720827 or by accessing ADT’s website at investor.adt.com.

MEMES 

AMC Entertainment (AMC) closed at $33.59, -4.57%.

GameStop (GME) also closed at $152.75, -3.11%.

Virgin Galactic Holdings (SPCE) closed at $31.40, -1.47%. 

Robinhood Markets, Inc., went public last Thursday under the ticker ‘HOOD’ & came out at a price to the public of $38/share, but dropped to a low of $33.25. The stock closed trading today $46.80, +24.20% and is trading at over $50 ashore in the aftermarkets. The ARK Innovation ETF (ARKK, $120.22, -.74%), run by Cathie Wood, reportedly purchased $45M of HOOD stock. 

Economic Reports

• On Monday, the macroeconomic schedule delivered the July ISM Manufacturing Index report came in slightly lower at 59.5%, but still in the expansion territory. The total construction spending report confirmed a .1% month/month higher move in June. The total private construction report moved up .4% month/month. Total public construction spending dropped 1.2%. The final IHS Market Manufacturing PMI for June was confirmed at 63.4.
• On Tuesday, the Factory Orders report for June confirmed a rise of 1.5%.

Investing & Inspiration

1. “An investment said to have an 80% chance of success sounds far more attractive than one with a 20% chance of failure. The mind can’t easily recognize that they are the same.” – Daniel Kahneman
2. “The return on investment in global health is tremendous, and the biggest bang for the buck comes from vaccines. Vaccines are among the most successful and cost-effective health investments in history.” – Seth Berkley
3. “Few things in the world are more powerful than a positive push. A smile. A world of optimism and hope. A ‘you can do it’ when things are tough.” – Richard M. DeVos
4. “To be yourself in a world that is constantly trying to make you something else is the greatest accomplishment.” – Ralph Waldo Emerson
5. “We all have dreams. But in order to make dreams come into reality, it takes an awful lot of determination, dedication, self-discipline, and effort.”  – Jesse Owens
6. “The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.” – William Arthur Ward- American Writer, Born 1921
7. “Once you replace negative thoughts with positive ones, you’ll start having positive results.” – Willie Nelson
8. “The secret of your future is hidden in your daily routine.” – Mike Murdock
9.  “If somebody puts you down or criticizes you, just keep on believing in yourself and turn it into something positive.” – Leah LaBelle
10. “Opportunity is missed by most people because it is dressed in overalls and looks like work”. -Thomas A. Edison
11. “Education is not only a ladder of opportunity, but it is also an investment in our future.” – Ed Markey

12. “Human behavior flows from three main sources: desire, emotion, and knowledge.” – Plato

13. “We are what our thoughts have made us; so take care about what you think. Words are secondary. Thoughts live; they travel far.” – Swami Vivekananda
14. “Success is not final, failure is not fatal: it is the courage to continue that counts.” – Winston Churchill

15. “If you don’t know where you are going, any road will get you there.” – Lewis Carroll

16. “Don’t worry about being a star, worry about doing good work, and all that will come to you.” – Ice Cube

17. “It is not in the stars to hold our destiny but in ourselves.” – William Shakespeare

18. “Prediction is very difficult, especially if it’s about the future.” – Niels Bohr (Danish Physicist)

19. “It is indeed true that the stock market can forecast the business cycle.” -Paul Samuelson

20. “The wisest rule in investment is: when others are selling, buy. When others are buying, sell. Usually, of course, we do the opposite. When everyone else is buying, we assume they know something we don’t, so we buy. Then people start selling, panic sets in, and we sell too.” – Jonathan Sacks

21. “What lies behind you and what lies in front of you, pales in comparison to what lies inside of you.” – Ralph Waldo Emerson
22. “Each new generation born is in effect an invasion of civilization by little barbarians, who must be civilized before it is too late.” – Thomas Sowell
23. “Life is 10% what happens to you and 90% how you react to it.” – Charles R. Swindoll
24. “The truth is you don’t know what is going to happen tomorrow. Life is a crazy ride, and nothing is guaranteed.” – Eminem

25. “View health as an investment, not an expense.” – John Quelch

26. “Opportunity does not knock, it presents itself when you beat down the door.” – Kyle Chandler

27. “If you don’t know where you are going, any road will get you there.” – Lewis Carroll
28. “Once you replace negative thoughts with positive ones, you’ll start having positive results.” – Willie Nelson
29. “That which does not kill us makes us stronger.” – Friedrich Nietzsche
30. “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
31. “A problem is a chance for you to do your best.”–  Duke Ellington
32. “The best way to predict the future is to create it.” -Peter Drucker
33. “I’m involved in the stock market, which is fun and, sometimes, very painful.” – Regis Philbin
34. “Who owns the future? This is the question at the heart of every stock market.” – John Landgraf
35. “One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute.” – William Feather
36. “While I’m sure some millennials are concerned with the ethical issues involved in mining for diamonds, the main reason they steer clear of the gems is because, well, they’re a dumb investment.” – Ana Kasparian
37. “The wisest rule in investment is: when others are selling, buy. When others are buying, sell. Usually, of course, we do the opposite. When everyone else is buying, we assume they know something we don’t, so we buy. Then people start selling, panic sets in, and we sell too.” – Jonathan Sack
38. “We must shift our thinking away from short-term gain toward long-term investment and sustainability, and always have the next generations in mind with every decision we make.” –  Deb Haaland
39. “The only way to have a friend is to be one.” –  Ralph Waldo Emerson
40. “If you believe in yourself and have dedication and pride – and never quit, you’ll be a winner. The price of victory is high but so are the rewards.” – Bear Bryant

41. “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

42. “Success is not final, failure is not fatal: it is the courage to continue that counts.”– Winston Churchill

43. “Our greatest glory is not in never falling, but in rising every time we fall.” – Confucius

44. “Give me a lever long enough and a fulcrum on which to place it, and I shall move the world.” – Archimedes
45. “Who controls the past controls the future. Who controls the present controls the past.” – George Orwell
46. “If you get up in the morning and think the future is going to be better, it is a bright day. Otherwise, it’s not.” – Elon Musk
47. “The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.” – William Arthur Ward
48. “Start where you are. Use what you have. Do what you can.” – Arthur Ashe
49. “Netflix, Amazon, iTunes – whatever platforms emerge – we are looking at as having the same potential that home video had for the movie business. Which means there are entirely new opportunities to monetize our capital investment in content and do so in ways that work for distributors, for consumers and for creators.” – Bob Iger

50. “When you have no one to answer to, vendetta as investment strategy is as legitimate as anything.” – Carl Icahn

51. “No other investment yields as great a return as the investment in education. An educated workforce is the foundation of every community and the future of every economy.” – Brad Henry
52. “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

53. “Modern medical advances have helped millions of people live longer, healthier lives.

54. We owe these improvements to decades of investment in medical research.”– Ike Skelton

55. “Stock market goes up or down, and you can’t adjust your portfolio based on the whims of the market, so you have to have a strategy in a position and stay true to that strategy and not pay attention to noise that could surround any particular investment.” – John Paulson

56. “Your mindset matters. It affects everything – from the business and investment decisions you make, to the way you raise your children, to your stress levels and overall well-being.” – Peter Diamandis
57. “Inflation destroys savings, impedes planning, and discourages investment. That means less productivity and a lower standard of living.” – Kevin Brady
58. “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
59. “I think you have to learn that there’s a company behind every stock and there’s only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies.” – Peter Lynch
60. “Historically, there has been a bull market in the commodities every 20 or 30 years.” – Jim Rogers
61. “The markets generally are unpredictable, so that one has to have different scenarios. The idea that you can actually predict what’s going to happen contradicts my way of looking at the market.” – George Soros
62. “Stop trying to predict the direction of the stock market, the economy or the elections.” – Warren Buffett
63. “An important key to investing is to remember that stocks are not lottery tickets.” – Peter Lynch
64. “Learn everyday, but especially from the experiences of others. It’s cheaper!” – John Bogle
65. “When purchasing depressed stock in troubled companies, seek out the ones with the superior financial positions and avoid the ones with loads of bank debt.” – Peter Lynch
66. “No stock price is too low for bears or too high for bulls.” – John F. Heerdink, Jr.

67. “Investment is most successful when it is most businesslike.” – Ben Graham

68. “Value stocks are about as exciting as watching grass grow, but have you ever noticed just how much your grass grows in a week?” – Christopher Browne

69. “Even the intelligent investor is likely to need considerable willpower to keep from following the crowd.” – Benjamin Graham
70. “Individual who cannot master their emotions are ill-suited to profit from the investment process.” – Benjamin Graham
71. “I made my first investment at age eleven. I was wasting my life until then.” – Warren Buffet
72. “I don’t look to jump over seven-foot bars; I look around for one-foot bars that I can step over.” — Warren Buffett
73. “There are only three measurements that tell you nearly everything you need to know about your organization’s overall performance: employee engagement, customer satisfaction, and cash flow. It goes without saying that no company, small or large, can win over the long run without energized employees who believe in the mission and understand how to achieve it.” – Jack Welch, former CEO of GE
74. “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble” ― Warren Buffett
75. “If you buy things you do not need, soon you will have to sell things you need.” – Warren Buffet
76. “How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.” — Robert G. Allen
77. “It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.” – Warren Buffett
78. “A market downturn doesn’t bother us. It is an opportunity to increase our ownership of great companies with great management at good prices.” — Warren Buffett
79. “Every once in a while, the market does something so stupid it takes your breath away.” — Jim Cramer
80. “The person who starts simply with the idea of getting rich won’t succeed; you must have a larger ambition.” — John D. Rockefeller
81. “Know what you own, and know why you own it.” – Peter Lynch
82. “Although it’s easy to forget sometimes, a share is not a lottery ticket… it’s part ownership of a business.” – Peter Lynch
83. “Wise spending is part of wise investing. And it’s never too late to start.” – Rhonda Katz

84. “Invest for the long haul. Don’t get too greedy and don’t get too scared.” – Shelby M.C. Davis

85. “Fear incites human action far more urgently than does the impressive weight of historical evidence.”
    -Jeremy Siegel
86. “With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future.” — Carlos Slim Helu
87. “If we like a business, we’re going to buy as much of it as we can and keep it as long as we can. And when we change our mind, we don’t take half measures.” – Warren Buffett

88. “The most contrarian thing of all is not to oppose the crowd but to think for yourself.” — Peter Thiel

89. “Never depend on a single income, make an investment to create a second source.” Warren Buffet

90. “Games are won by players who focus on the playing field –- not by those whose eyes are glued to the scoreboard.”
    ― Warren Buffett
91. “The key to making money in stocks is not to get scared out of them.” – Peter Lynch
92. “Courage taught me no matter how bad a crisis gets … any sound investment will eventually pay off.” — Carlos Slim Helu
93. “Investing puts money to work. The only reason to save money is to invest it.” – Grant Cardone
94. “As time goes on, I get more and more convinced that the right method of investment is to put fairly large sums into enterprises which one thinks one knows something about and in the management of which one thoroughly believes.” — John Maynard Keynes
95. “Given a 10% chance of a 100 times payoff, you should take that bet every time.” — Jeff Bezos
96. “Money is always eager and ready to work for anyone who is ready to employ it.” ― Idowu Koyenikan
97. “The secret to investing is to figure out the value of something – and then pay a lot less.” – Joel Greenblatt
98. “We don’t have an analytical advantage, we just look in the right place.” – Seth Klarman
99. “Men, it has been well said, think in herds. It will be seen that they go mad in herds, while they only recover their senses slowly, and one by one.” – Charles Mackay
100. “It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.” – George Soros
101. “No Price is too low for a bear or too high for a bull.” — Anonymous
102. “Investment is an asset or item that is purchased with the hope that it will generate income or appreciate in the future.” Anonymous
103. “Behind every stock is a company. Find out what it’s doing.” — Peter Lynch
104. “Wise spending is part of wise investing. And it’s never too late to start.” –Rhonda Katz
105. “It amazes me how people are often more willing to act based on little or no data than to use data that is a challenge to assemble.” ― Robert Shiller
106. “A bull market is like sex. It feels best just before it ends.” — Barton Biggs
107. “The investor’s chief problem — even his worst enemy — is likely to be himself.” — Benjamin Graham
108. “No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation.” – Robert Rhea
109. “Money is like a sixth sense – and you can’t make use of the other five without it.” – William Somerset Maugham
110. “Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.” — Albert Einstein
111. “Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results” — Warren Buffett
112. “The stock market is a device for transferring money from the impatient to the patient.” – Warren Buffett
113. “Thousands of experts study overbought indicators, head-and-shoulder patterns, put-call ratios, the Fed’s policy on money supply…and they can’t predict markets with any useful consistency, any more than the gizzard squeezers could tell the Roman emperors when the Huns would attack.” – Peter Lynch
114. “Investing puts money to work. The only reason to save money is to invest it.” – Grant Cardone
115. “You cannot save time for your future use however you can invest time for your future.” – John F. Heerdink, Jr. 
116. “Know what you own, and know why you own it.” – Peter Lynch
117. “Liquidity is only there when you don’t need it.” -Old Proverb
118. “If you want to be a millionaire, start with a billion dollars and launch a new airline.” – Richard Branson
119. “Fear incites human action far more urgently than does the impressive weight of historical evidence.” – Jeremy Siegel
120. “In investing, what is comfortable is rarely profitable.” – Robert Arnott
121. “Spend each day trying to be a little wiser than you were when you woke up.” – Charlie Munger
122. “The entrance strategy is actually more important than the exit strategy.” – Edward Lampert
123. “The rivers don’t drink their own water; Trees don’t eat their own fruits. The sun does not shine for itself, And flowers do not spread their fragrance For themselves. Living for others is a rule of nature” – Pope Francis
124. “It is impossible to produce superior performance unless you do something different from the majority.” – John Templeton
125. “An investment in knowledge pays the best interest.” – Benjamin Franklin.
126. “I believe the returns on investment in the poor are just as exciting as successes achieved in the business arena, and they are even more meaningful!” -Bill Gates
127. “Every portfolio benefits from bonds; they provide a cushion when the stock market hits a rough patch. But avoiding stocks completely could mean your investment won’t grow any faster than the rate of inflation.” – Suze Orman
128. “The tax on capital gains directly affects investment decisions, the mobility, and flow of risk capital… the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth in the economy.” – John F. Kennedy
129. “If all the economists were laid end to end, they’d never reach a conclusion. -George Bernard Shaw
130. “There are old traders and there are bold traders, but there are very few old, bold traders.”-Ed Seykota
131. “Let this scenario play out on its own, in its own fashion. As you watch it unfold, you will soon be grateful that you choose the peaceful path. Remember — those who live by the sword, die by the sword.”
132. “As long as you enjoy investing, you’ll be willing to do the homework and stay in the game.” -Jim Cramer
133. “I rarely think the market is right. I believe non-dividend stocks aren’t much more than baseball cards. They are worth what you can convince someone to pay for it.” -Mark Cuban
134. “Michael Marcus taught me one other thing that is absolutely critical: You have to be willing to make mistakes regularly; there is nothing wrong with it. Michael taught me about making your best judgment, being wrong, making your next best judgment, being wrong, making your third best judgment, and then doubling your money.” -Bruce Kovner
135. “The policy of being too cautious is the greatest risk of all.” -Jawaharlal Nehru
136. “The only true test of whether a stock is “cheap” or “high” is not its current price in relation to some former price, no matter how accustomed we may have become to that former price, but whether the company’s fundamentals are significantly more or less favorable than the current financial-community appraisal of that stock.” -Philip Fisher
137. “I learned to avoid trying to catch up or double up to recoup losses. I also learned that a certain amount of loss will affect your judgment, so you have to put some time between that loss and the next trade.” -Richard Dennis
138. “The four most dangerous words in investing are: ‘this time it’s different.” -Sir John Templeton
139. “Money doesn’t make you happy. I now have $50 million but I was just as happy when I had $48 million.” -Arnold Schwarzenegger