Wednesday’s Markets Shrug Off Delta & Rise With Improved Earnings Guidance – $ATOS $FATE $INM $INMB $INVO Move Higher!

Happy Wednesday!

I hope that you all had a wonderful Hump day and that your accounts jumped once again along with the markets rise overall. The summer doldrums volatility continues to be evident, but today more investors than not shrugged off Delta variant concerns as cases continued to rise and embraced the the better than expected earnings report from bellwether companies. i.e. Coca-Cola (KO), which closed at $56.55, +1.3%, Johnson & Johnson (JNJ), which closed at $169.49, +.6%), United Airlines (UAL), which closed at $48.10, +3.8%, & Verizon (VZ), which closed at $55.95, +.7%).

Almost in lockstep, the Dow 30 closed at 34,798 (+.83%), the S&P 500 closed at 4,358.69 (+.82%) & the Nasdaq closed at 14,631.95 (+.92%). Interestingly, highly weighted tech giant Apple (AAPL) ticked lower closing at $145.40, -.51% & only 8 of 11 sectors closed in the green with the cyclicals leading the way as energy jumped 3.5%, financials moved up 1.7%, materials rose 1.1%, & industrials added 1%,. On the downside, utilities moved lower by 1.1% to take the biggest hit. FAANG stock Netflix (NFLX) also closed at $513.63, -3.3% as it missed earnings expectations, but still added 1.54M paid subscribers surpassing its guidance of 1M paid-subscriber adds.

The smalls on the Russell 200o had another great day today to close at 2,234.04 (+1.81%), which is a 4.8% rebound in the 2-days. The microchips also bounced nicely again as the iShares Micro-Cap ETF (IWC) closed at $16.29, (+2.09%) & now have rebounded over 4% in 2-days. 

Oil prices rebounded significantly to close at $70.28/bbl up 4.4%. 

The macroeconomic schedule delivered the weekly MBA Mortgage Applications Index which confirmed a drop by 4%. The Weekly crude oil inventories were reported to have risen by 2.11M barrels, stopping an 8-week slide. Tomorrow’s schedule will produce the weekly MBA Mortgage Applications Index report. 

The 10-yr treasury yield moved up 7 basis points to close at 1.28% & the 2-yr yield also moved up 2 basis points to close at .21%. The U.S. Dollar Index moved lower by .2% to end at 92.76.

Gold prices fell by another $6 to close at $1,806 and silver mock up to $25.33, +$.33.

BIOTECH MOVES HIGHER AGAIN

Bid for bio’s were showing up across the board again today and it was another pleasing drink on a not so hot day in San Francisco. The SPDR S&P Biotech ETF (XBI) closed at $130.25, +.92%.  The iShares Nasdaq Biotechnology ETF (IBB) closed at $164.84, +.46% & the NYSE ARCA Biotech Index (^BTK) closed at 5,741.06, -.08%. 

VP Watchlist stocks from the biotech & healthcare sector moved higher again today including Atossa Therapeutics (ATOS), Fate Therapeutics (FATE), InMed Pharmaceuticals (INM), INmune Bio (INMD), INVO Bioscience (INVO), & Neubase Therapeutics (NBSE). 

MEMES GET GROOVE BACK

AMC Entertainment (AMC) retraced back to earth today as it closed at $40.78, -5.36% after yesterday’s +24.47% leap. 

GameStop (GME) also closed at $185.81, down 2.81%.

However, shares of Virgin Galactic Holdings (SPCE) finally found ground again and added +4.14% closing at $33.37.

TESLA

Tesla (TSLA) closed at $655.29, -.79%. Tesla is reportedly planning to open up its network of superchargers to other EV’s later 2021 & overtime they expect to their network will be available in all countries. Tesla management will hold a live question and answer webcast that day at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time) to discuss the Company’s financial and business results and outlook. The Q2 update will be at: http://ir.tesla.com  & the Webcast: http://ir.tesla.com.

NVDA SPLITS

Shares of NVIDIA (NVDA) closed at $186.12, -.89% today after a 4-1 stock split.

VP WATCHLIST HIGHLIGHTS

Our complete VP Watchlist is a list that we believe deserves consideration for short term and long term portfolio adds that include Apple, Tesla, & seven other names current. The dedicated pages for each of these companies will enable you to stay informed and learn more about these companies daily.

Please review few of the updates on a few of the VP Watchlist companies below:

Economic Reports

• On Monday, the macroeconomic schedule delivered the NAHB Housing Market Index report for July that came in to 80.
• On Tuesday, the total housing starts report showed a surge by 6.3% m/m to a seasonally adjusted annual rate of 1.643M, while the building permits report confirmed a drop by 5.1% m/m to a seasonally adjusted annual rate of 1.598M. 
• On Wednesday, the weekly MBA Mortgage Applications Index confirmed a drop by 4%. The Weekly crude oil inventories were reported to have risen by 2.11M barrels, stopping an 8-week slide.

Investing & Inspiration

1. “Opportunity is missed by most people because it is dressed in overalls and looks like work”. -Thomas A. Edison
2. “Education is not only a ladder of opportunity, but it is also an investment in our future.” – Ed Markey

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

4. “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
5. “Success is not final, failure is not fatal: it is the courage to continue that counts.” – Winston Churchill

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

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

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

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

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

11. “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

12. “What lies behind you and what lies in front of you, pales in comparison to what lies inside of you.” – Ralph Waldo Emerson
13. “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
14. “Life is 10% what happens to you and 90% how you react to it.” – Charles R. Swindoll
15. “The truth is you don’t know what is going to happen tomorrow. Life is a crazy ride, and nothing is guaranteed.” – Eminem

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

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

18. “If you don’t know where you are going, any road will get you there.” – Lewis Carroll
19. “Once you replace negative thoughts with positive ones, you’ll start having positive results.” – Willie Nelson
20. “That which does not kill us makes us stronger.” – Friedrich Nietzsche
21. “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
22. “A problem is a chance for you to do your best.”–  Duke Ellington
23. “The best way to predict the future is to create it.” -Peter Drucker
24. “I’m involved in the stock market, which is fun and, sometimes, very painful.” – Regis Philbin
25. “Who owns the future? This is the question at the heart of every stock market.” – John Landgraf
26. “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
27. “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
28. “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
29. “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
30. “The only way to have a friend is to be one.” –  Ralph Waldo Emerson
31. “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

32. “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

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

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

35. “Give me a lever long enough and a fulcrum on which to place it, and I shall move the world.” – Archimedes
36. “Who controls the past controls the future. Who controls the present controls the past.” – George Orwell
37. “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
38. “The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.” – William Arthur Ward
39. “Start where you are. Use what you have. Do what you can.” – Arthur Ashe
40. “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

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

42. “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
43. “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

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

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

46. “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

47. “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
48. “Inflation destroys savings, impedes planning, and discourages investment. That means less productivity and a lower standard of living.” – Kevin Brady
49. “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
50. “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
51. “Historically, there has been a bull market in the commodities every 20 or 30 years.” – Jim Rogers
52. “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
53. “Stop trying to predict the direction of the stock market, the economy or the elections.” – Warren Buffett
54. “An important key to investing is to remember that stocks are not lottery tickets.” – Peter Lynch
55. “Learn everyday, but especially from the experiences of others. It’s cheaper!” – John Bogle
56. “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
57. “No stock price is too low for bears or too high for bulls.” – John F. Heerdink, Jr.

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

59. “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

60. “Even the intelligent investor is likely to need considerable willpower to keep from following the crowd.” – Benjamin Graham
61. “Individual who cannot master their emotions are ill-suited to profit from the investment process.” – Benjamin Graham
62. “I made my first investment at age eleven. I was wasting my life until then.” – Warren Buffet
63. “I don’t look to jump over seven-foot bars; I look around for one-foot bars that I can step over.” — Warren Buffett
64. “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
65. “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble” ― Warren Buffett
66. “If you buy things you do not need, soon you will have to sell things you need.” – Warren Buffet
67. “How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.” — Robert G. Allen
68. “It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.” – Warren Buffett
69. “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
70. “Every once in a while, the market does something so stupid it takes your breath away.” — Jim Cramer
71. “The person who starts simply with the idea of getting rich won’t succeed; you must have a larger ambition.” — John D. Rockefeller
72. “Know what you own, and know why you own it.” – Peter Lynch
73. “Although it’s easy to forget sometimes, a share is not a lottery ticket… it’s part ownership of a business.” – Peter Lynch
74. “Wise spending is part of wise investing. And it’s never too late to start.” – Rhonda Katz

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

76. “Fear incites human action far more urgently than does the impressive weight of historical evidence.”
    -Jeremy Siegel
77. “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
78. “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

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

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

81. “Games are won by players who focus on the playing field –- not by those whose eyes are glued to the scoreboard.”
    ― Warren Buffett
82. “The key to making money in stocks is not to get scared out of them.” – Peter Lynch
83. “Courage taught me no matter how bad a crisis gets … any sound investment will eventually pay off.” — Carlos Slim Helu
84. “Investing puts money to work. The only reason to save money is to invest it.” – Grant Cardone
85. “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
86. “Given a 10% chance of a 100 times payoff, you should take that bet every time.” — Jeff Bezos
87. “Money is always eager and ready to work for anyone who is ready to employ it.” ― Idowu Koyenikan
88. “The secret to investing is to figure out the value of something – and then pay a lot less.” – Joel Greenblatt
89. “We don’t have an analytical advantage, we just look in the right place.” – Seth Klarman
90. “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
91. “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
92. “No Price is too low for a bear or too high for a bull.” — Anonymous
93. “Investment is an asset or item that is purchased with the hope that it will generate income or appreciate in the future.” Anonymous
94. “Behind every stock is a company. Find out what it’s doing.” — Peter Lynch
95. “Wise spending is part of wise investing. And it’s never too late to start.” –Rhonda Katz
96. “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
97. “A bull market is like sex. It feels best just before it ends.” — Barton Biggs
98. “The investor’s chief problem — even his worst enemy — is likely to be himself.” — Benjamin Graham
99. “No profession requires more hard work, intelligence, patience, and mental discipline than successful speculation.” – Robert Rhea
100. “Money is like a sixth sense – and you can’t make use of the other five without it.” – William Somerset Maugham
101. “Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.” — Albert Einstein
102. “Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results” — Warren Buffett
103. “The stock market is a device for transferring money from the impatient to the patient.” – Warren Buffett
104. “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
105. “Investing puts money to work. The only reason to save money is to invest it.” – Grant Cardone
106. “You cannot save time for your future use however you can invest time for your future.” – John F. Heerdink, Jr. 
107. “Know what you own, and know why you own it.” – Peter Lynch
108. “Liquidity is only there when you don’t need it.” -Old Proverb
109. “If you want to be a millionaire, start with a billion dollars and launch a new airline.” – Richard Branson
110. “Fear incites human action far more urgently than does the impressive weight of historical evidence.” – Jeremy Siegel
111. “In investing, what is comfortable is rarely profitable.” – Robert Arnott
112. “Spend each day trying to be a little wiser than you were when you woke up.” – Charlie Munger
113. “The entrance strategy is actually more important than the exit strategy.” – Edward Lampert
114. “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
115. “It is impossible to produce superior performance unless you do something different from the majority.” – John Templeton
116. “An investment in knowledge pays the best interest.” – Benjamin Franklin.
117. “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
118. “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
119. “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
120. “If all the economists were laid end to end, they’d never reach a conclusion. -George Bernard Shaw
121. “There are old traders and there are bold traders, but there are very few old, bold traders.”-Ed Seykota
122. “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.”
123. “As long as you enjoy investing, you’ll be willing to do the homework and stay in the game.” -Jim Cramer
124. “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
125. “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
126. “The policy of being too cautious is the greatest risk of all.” -Jawaharlal Nehru
127. “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
128. “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
129. “The four most dangerous words in investing are: ‘this time it’s different.” -Sir John Templeton
130. “Money doesn’t make you happy. I now have $50 million but I was just as happy when I had $48 million.” -Arnold Schwarzenegger