DLB
Dolby Laboratories, Inc.Class A
stock NYSE

CGTX, time to fly, updated results on DLB

# Today is Tuesday, the 29th of July
## Upcoming events for Tuesday, July 29th
- Stock splits:
- AIHS @ **1:10**
- SLXN @ **1:15**
- Expected earnings:
AAT, ABG, ACGL, AKO.A, AKO.B, AKR, ALKS, AMT, APAM, ARCC, ARI, AROC, ARVN, ASH, ASTL, ATRC, AUDC, AWI, AXS, AZN, BA, BAFN, BAND, BBNX, BGFV, BKNG, BRSL, BRSP, BXC, BXP, BYFC, CAC, CAKE, CAR, CARR, CBRE, CECO, CFSB, CHCT, CHE, CLW, CMPR, CNOB, CPSS, CRVL, CSTM, CTO, CVEO, CVLT, CWH, CZFS, CZR, DALN, DBVT, DHIL, DTE, EA, EBMT, ECL, ENIC, ESS, EXE, EXLS, EXP, FCF, FCPT, FELE, FER, FGBI, FIBK, FMS, FRSH, FSP, FTAI, FYBR, GATX, GIC, GLW, GPK, GRFS, GRPN, HIW, HLI, HOUS, HRI, HRZN, HUBB, HWBK, IDR, ILPT, INCY, IPA, IVT, JBGS, JBLU, JCI, KAI, KNSA, LAD, LC, LOGI, LSTR, LXU, MARA, MCY, MDLZ, MRK, NBIS, NBR, NEO, NEOG, NMIH, NMR, NSC, NWBI, NXRT, NXT, OI, ORN, PDCC, PDS, PEB, PEN, PERF, PG, PHG, PII, PJT, PPG, PRPL, PYPL, QRVO, QUAD, QURE, RCKY, RCL, REG, RGEN, RMAX, RRR, RSG, RYI, SB, SBUX, SEB, SITC, SOFI, SPOT, SRBK, ST, STAG, STLA, STX, SWK, SYY, TDOC, TER, TFSL, TRS, TRTX, TTAM, TTI, TX, TYGO, UMBF, UNH, UNM, UPS, V, VRNS, WERN, WGS, WPC, WSBC, XGN, XPL, XPRO, ZWS
- Ex-div:
ASML, CEPI, FAST, GGAL, OOQB, OOSB, PSEC, REAI, SOLT, SOLZ, USDX, XRPI, XRPT
- Economic events and announcements:
- 2-Year Note Auction (actual: 3.920%, previous: 3.786%)
- 3-Month Bill Auction (actual: 4.235%, previous: 4.240%)
- 5-Year Note Auction (actual: 3.983%, previous: 3.879%)
- 6-Month Bill Auction (actual: 4.120%, previous: 4.115%)
- Dallas Fed Mfg Business Index (actual: 0.9, previous: -12.7)
## Upcoming events for Wednesday, July 30th
- Stock splits:
- NAAS @ **1:4**
- Expected earnings:
ACR, ACT, ADP, AEM, AEP, AER, AGI, AHT, AIN, ALB, ALG, ALGN, ALHC, ALKT, ALL, AM, AMED, AMRN, AMSC, ANIK, APLD, AR, ARCB, ARM, ASC, AUR, AVB, AVDX, AWK, AWRE, AX, AXTA, BALY, BBD, BBDO, BFIN, BG, BHC, BHE, BKH, BLCO, BLFY, BLKB, BMEA, BNL, BSBK, BSBR, BXMT, CBZ, CCRN, CFLT, CGNX, CHEF, CHKP, CHRW, CLBK, CLH, CLVT, CMCO, CMRE, CNMD, CNXN, COCO, CODI, COMP, CP, CPSH, CRK, CRTO, CSL, CTOS, CTSH, CVI, CVNA, DAN, DLHC, DRS, DSX, DXCM, EBAY, EDU, EG, EIG, ENTG, EOSE, EPR, EQIX, ESI, ETD, ETR, ETSY, EVR, EVTC, EXR, EZPW, F, FAT, FATBB, FBRT, FDP, FE, FFIV, FICO, FLS, FMC, FNWD, FORM, FRGE, FSS, FTV, FULC, FUSB, FVRR, FXNC, GEHC, GENK, GFL, GH, GHC, GIB, GIGM, GKOS, GNRC, GNW, GRBK, GRMN, GSK, GT, GTE, GTES, HAYW, HBB, HDSN, HESM, HOG, HOLX, HOOD, HSBC, HST, HSY, HUM, HVT, HVT.A, HWKN, IEX, INMD, INVA, INVH, IONS, IRT, ITW, KGC, KHC, KRG, LFUS, LPSN, LRCX, LTBR, LUNG, LVWR, LXFR, LXP, MAA, MCW, MDXG, MEOH, META, MFG, MFIN, MGM, MGY, MKL, MMSI, MNRO, MO, MOD, MORN, MSFT, MTG, MTRN, MUSA, MYRG, NAAS, NAVI, NBIX, NEU, NFG, NHTC, NMRK, NTGR, NVNO, NWE, NYMT, OBT, ODFL, OFLX, OGE, OPCH, OPI, OSW, PAG, PBI, PGRE, PI, PLPC, PPC, PRU, PSA, PTC, PUMP, QCOM, QTWO, RDN, RDWR, REYN, RGR, RM, RSI, RUSHA, RUSHB, RWT, SAGE, SAN, SCI, SCL, SF, SFM, SGU, SHOO, SIMO, SITE, SLGN, SMG, SMHI, SNBR, SPOK, SPSC, SRDX, SSBI, STNG, STRA, SUI, SW, SXC, TAK, TEF, TENB, TEVA, TGB, THG, THRY, TIMB, TIPT, TK, TKR, TMDX, TROX, TS, TSLX, TT, TTEK, TTMI, TW, TXNM, TYL, UAN, UBS, UDMY, UDR, UE, UFPT, UHT, UIS, UMC, USLM, UTHR, VFC, VICI, VIRT, VRSK, VRT, VSEC, VTR, WAY, WDC, WEC, WHD, WING, WSO, WSO.B, WSR, WVE, XIFR, ZIMV
- Ex-div:
ENTG, FRMEP, MCBS, NTIC
- Economic events and announcements:
- 7-Year Note Auction (previous: 4.022%)
- API Weekly Crude Oil Stock (previous: -0.577M)
- Atlanta Fed GDPNow (consensus: 2.4%, previous: 2.4%)
- CB Consumer Confidence (consensus: 95.9, previous: 93.0)
- Dallas Fed Services Revenues (previous: -4.1)
- Goods Trade Balance (consensus: -98.30B, previous: -96.59B)
- House Price Index (consensus: -0.1%, previous: -0.4%)
- House Price Index (previous: 3.0%)
- House Price Index (previous: 434.9)
- JOLTS Job Openings (consensus: 7.510M, previous: 7.769M)
- Redbook (previous: 5.1%)
- Retail Inventories Ex Auto (previous: 0.2%)
- S&P/CS HPI Composite - 20 n.s.a. (consensus: 2.9%, previous: 3.4%)
- S&P/CS HPI Composite - 20 n.s.a. (previous: 0.8%)
- S&P/CS HPI Composite - 20 s.a. (previous: -0.3%)
- Texas Services Sector Outlook (previous: -4.4)
- Wholesale Inventories (consensus: -0.1%, previous: -0.3%)
## Upcoming events for Thursday, July 31st
- Stock splits:
- YOSH @ **4:1**
- Expected earnings:
AAMI, AAPL, ABBV, ACCO, ADC, AEE, AES, AGCO, AGIO, AJG, ALGM, ALNY, AME, AMH, AMZN, APD, APG, APLS, APPF, APTV, ARGX, ARW, ASUR, ASX, ATEC, ATHM, ATI, ATR, AUPH, AXTI, BAX, BBVA, BCH, BCPC, BDC, BE, BFAM, BGC, BHR, BIGC, BIIB, BIO, BIO.B, BIP, BJRI, BLDR, BMY, BOOT, BSAC, BTE, BTU, BUD, BWA, BZH, CABO, CACC, CCCS, CCJ, CDRO, CFR, CI, CIGI, CIO, CLAR, CLMB, CLX, CMCSA, CMPS, CMS, COHU, COIN, COLM, CORT, CPS, CPT, CRAI, CRS, CSW, CUBE, CUZ, CVCO, CVE, CVS, CWST, CWT, DFIN, DINO, DLB, DOUG, DSGR, DTM, DXC, EEFT, EGO, EIX, EME, EMN, ENVX, ERO, ES, EXC, EXPI, EXPO, FBIN, FFWM, FHI, FIVN, FND, FOLD, FORR, FSLR, GCI, GDYN, GEL, GGB, GIL, GOOS, GSIT, GTLS, HEPS, HGV, HII, HR, HTGC, HUBG, HUN, HURN, HWM, IART, ICE, ICFI, IDA, IDCC, ILMN, INDV, ING, INOD, IP, IR, IRTC, ITRI, ITT, JHG, K, KBR, KEX, KIM, KKR, KLAC, KWR, LAUR, LECO, LEG, LIDR, LNC, LOCO, LPLA, LSPD, LUMN, MA, MAS, MATX, MDCX, MERC, MGPI, MIR, MLCO, MNMD, MPW, MPWR, MRP, MSC, MSEX, MSTR, MT, MTD, MTZ, MX, MYE, NATR, NAUT, NCLH, NCSM, NET, NOG, NREF, NSIT, NVST, OFS, OHI, OIS, OLED, OMCL, ONEW, OPK, OWL, PATK, PBF, PCG, PCOR, PHAR, PK, PPL, PRDO, PRLB, PRO, PWR, RACE, RBLX, RDDT, RGA, RIOT, RKT, RMD, RMNI, ROG, ROKU, RYAN, RZC, SCKT, SEM, SHAK, SHEN, SID, SILC, SIRI, SKWD, SLSN, SM, SMFG, SNCY, SNDL, SNDR, SNY, SO, SPGI, SPXC, SQNS, STGW, SVV, SXI, SYK, TAL, TEX, TFX, THS, TREE, TRN, TRP, TWI, UL, UPBD, UPLD, UTZ, VAL, VALE, VCEL, VMC, VNDA, VNT, WBX, WCC, WEAV, WK, WKC, WRD, WSC, WTRG, WTW, XEL, XPO, XRX, XYL, ZEUS
- Ex-div:
AGNC, CCLDO, LNT, PAA, PAGP, RBB, SQFTP, TXN, VIOT
- Economic events and announcements:
- ADP Nonfarm Employment Change (consensus: 77K, previous: -33K)
- Core PCE Prices (consensus: 2.40%, previous: 3.50%)
- Crude Oil Imports (previous: -0.740M)
- Crude Oil Inventories (consensus: -2.500M, previous: -3.169M)
- Cushing Crude Oil Inventories (previous: 0.455M)
- Distillate Fuel Production (previous: 0.095M)
- EIA Refinery Crude Runs (previous: 0.087M)
- EIA Weekly Distillates Stocks (consensus: -0.900M, previous: 2.931M)
- EIA Weekly Refinery Utilization Rates (previous: 1.6%)
- FOMC Press Conference
- FOMC Statement
- Fed Interest Rate Decision (consensus: 4.50%, previous: 4.50%)
- GDP (consensus: 2.4%, previous: -0.5%)
- GDP Price Index (consensus: 2.2%, previous: 3.8%)
- GDP Sales (previous: -3.1%)
- Gasoline Inventories (consensus: -1.100M, previous: -1.738M)
- Gasoline Production (previous: 0.282M)
- Heating Oil Stockpiles (previous: 0.003M)
- MBA 30-Year Mortgage Rate (previous: 6.84%)
- MBA Mortgage Applications (previous: 0.8%)
- MBA Purchase Index (previous: 165.1)
- Mortgage Market Index (previous: 255.5)
- Mortgage Refinance Index (previous: 747.5)
- PCE Prices (previous: 3.7%)
- Pending Home Sales (consensus: 0.3%, previous: 1.8%)
- Pending Home Sales Index (previous: 72.6)
- Real Consumer Spending (previous: 0.5%)
## Upcoming events for Friday, August 1st
- Expected earnings:
ABR, AIRS, AMC, ARES, ASIX, AU, AVNT, AVTR, BBU, BEDU, BEN, BEP, BEPC, BFLY, BOTJ, BRK.A, BRK.B, BTSG, CBOE, CHD, CL, CNH, CNK, CVX, D, ENB, ESCA, FLGT, FLR, FTS, GLBZ, GWW, HFBL, IESC, IMO, INGR, IRMD, JOUT, KMB, LBTYA, LBTYB, LBTYK, LIN, LITB, LPG, LYB, MCS, MGA, MITT, MRNA, NSP, NVT, NWL, OCGN, OMI, OPY, OSK, PAX, PIPR, PWP, RBC, REGN, RPID, RRBI, SAMG, SATS, SCCO, TAC, TILE, TIXT, TROW, TU, VALU, WT, XHR, XOM, YORW
- Ex-div:
CASY, CFFN, CGABL, COST, CWBC, DGICA, DGICB, FRAF, HOPE, LCUT, OZKAP, PKOH, PLBC, PNFP, WSBCP
- Economic events and announcements:
- 4-Week Bill Auction (previous: 4.245%)
- 8-Week Bill Auction (previous: 4.265%)
- Atlanta Fed GDPNow
- Challenger Job Cuts (previous: -1.6%)
- Challenger Job Cuts (previous: 47.999K)
- Chicago PMI (consensus: 41.8, previous: 40.4)
- Continuing Jobless Claims (previous: 1,955K)
- Core PCE Price Index (consensus: 0.3%, previous: 0.2%)
- Core PCE Price Index (previous: 2.7%)
- Dallas Fed PCE (previous: 2.00%)
- Employment Benefits (previous: 1.20%)
- Employment Cost Index (consensus: 0.8%, previous: 0.9%)
- Employment Wages (previous: 0.80%)
- Fed's Balance Sheet (previous: 6,658B)
- Initial Jobless Claims (consensus: 222K, previous: 217K)
- Jobless Claims 4-Week Avg. (previous: 224.50K)
- Natural Gas Storage (previous: 23B)
- PCE Price index (previous: 2.3%)
- PCE price index (consensus: 0.3%, previous: 0.1%)
- Personal Income (consensus: 0.2%, previous: -0.4%)
- Personal Spending (consensus: 0.4%, previous: -0.1%)
- Real Personal Consumption (previous: -0.3%)
- Reserve Balances with Federal Reserve Banks (previous: 3.358T)
^^^^2025-07-29

Presentation at AAIC is nothing new, only difference is that AAIC has selected CGTX's presentation to be presented at prime time as an oral presentation, company doesn't have a say in this regards, AAIC allocates them after assessing significance of the content. For example, CRVO's presentation was just a poster display with in person for explanation.
Anyway, AAIC's presentation just shows how the experts in this field are regarding CT1812's findings and provides good leverage in longer term in terms of negotiation with partners or b/o.
What is coming later is more important, clear roadmap for AD's PHASE 3 and BTD for DLB.

**TL;DR:**
CGTX is a $1.3 biotech with near-term catalysts: FDA Phase 3 IND decision & possible Breakthrough Therapy Designation (BTD) for DLB. Zervimesine showed 39% cognitive benefit in Phase 2. $5–10 potential if both hit.
# 🧠 Company
Cognition Therapeutics (NASDAQ: CGTX)
→ Lead candidate: **Zervimesine (CT1812)**
→ Targets **Alzheimer’s & Dementia with Lewy Bodies (DLB)**
→ Oral, once-daily drug with novel MOA (sigma-2)
# 📅 Near-Term Catalysts
1. **July 29** – AAIC presentation (SHIMMER Phase 2 DLB results)
2. **Early August** – FDA Phase 3 IND decision
3. **BTD application** – High odds due to orphan indication & unmet need
# 📊 Valuation
* Market Cap: \~$150M
* Cash runway: through 2026
* No competition in DLB space
* Similar companies (SAVA, AVXL) reached 10–20x cap at this stage
# ⚠️ Risks
* No partnership yet
* Dilution possible long-term
* Phase 3 IND not guaranteed
>

CGTX just dipped from $0.80 to $0.72 because CRVO stole the spotlight with new DLB data today. But CGTX still has their big AAIC oral presentation tomorrow (July 29) at 8AM — full Phase 2 data incoming.
Buy the fear. Data + IND filing = major upside.

So guys  Dr. James Edward Galvin will deliver an oral presentation at the AAIC on July 29, 2025. at 8:00 am ET.
Summary:
Positive Phase 2 SHIMMER study results in Dementia with Lewy Bodies (DLB) for their drug zervimesine (CT1812) will be presented at the Alzheimer's Association International Conference (AAIC).
The study showed significant improvements across various symptom domains, including behavioral outcomes (86%), daily living activities (52%), cognitive fluctuations (91%), and motor symptoms (62%) compared to placebo.
DLB currently has no approved disease-modifying treatments, making these findings particularly noteworthy.
Zervimesine also showed promising results in the Phase 2 SHINE study for Alzheimer's disease, especially in patients with lower p-Tau217 levels, demonstrating a 95% slowing of cognitive decline at six months compared to placebo.
These positive outcomes have captured the attention of the scientific community and positioned Cognition Therapeutics as a strong contender in the biotech industry.
Hopefully there will be some lovely movement throughout early this week, the price target has also been increased, fingers crossed this is a game changer ️️

# Today is Monday, the 28th of July
## Upcoming events for Monday, July 28th
- Stock splits:
- AGRI @ **1:9**
- CHPT @ **1:20**
- FOXO @ **1:1.99**
- MRSN @ **1:25**
- VLDX @ **1:15**
- WFSTF @ **1:30**
- Expected earnings:
ABCB, ALRS, AMKR, ARLP, BFST, BMRC, BNED, BOH, BRO, BRX, BSRR, BWFG, BYON, CBNA, CBNK, CDNS, CDP, CINF, CLS, CNO, CR, CURB, EFSC, EKSO, EPD, EXEL, FMX, FSUN, GBFH, GOVX, HIG, HLIT, HTO, KFRC, KRC, LTM, MBIN, NBN, NBTB, NEWT, NGD, NOV, NTB, NUE, OLN, PCH, PDM, PFG, PRK, PROV, RITM, RMBS, RNGR, RVTY, SANM, SEVN, SIM, SSD, TFII, TLRY, TWO, UCTT, UFPI, UHS, VIV, VLTO, WELL, WHR, WM, WU, WWD
- Ex-div:
AGZD, DGRS, DGRW, EMCB, FVCB, HYZD, MAXI, OVLY, SPFI, TAXE, UNIY, USIN, USSH, VALU, WTBN, WTIP, WTMU, WTMY
## Upcoming events for Tuesday, July 29th
- Stock splits:
- BYDDY @ **6:1**
- AIHS @ **1:10**
- SLXN @ **1:15**
- Expected earnings:
AAT, ABG, ACGL, AKO.A, AKO.B, AKR, ALKS, AMT, APAM, ARCC, ARI, AROC, ARVN, ASH, ASTL, ATRC, AUDC, AWI, AXR, AXS, AZN, BA, BAFN, BAND, BBNX, BGFV, BKNG, BRSL, BRSP, BXC, BXP, BYFC, CAC, CAKE, CAR, CARR, CBRE, CECO, CFSB, CHCT, CHE, CLW, CMPR, CNOB, CPSS, CRVL, CSTM, CTO, CVEO, CVLT, CWH, CZFS, CZR, DALN, DBVT, DHIL, DTE, EA, EBMT, ECL, ENIC, ESS, EXE, EXLS, EXP, FCF, FCPT, FELE, FER, FGBI, FIBK, FMS, FRSH, FSP, FTAI, FYBR, GATX, GIC, GLW, GPK, GRFS, GRPN, HIW, HLI, HOUS, HRI, HRZN, HUBB, HWBK, IDR, ILPT, INCY, IPA, IVT, JBGS, JBLU, JCI, KAI, KNSA, LAD, LC, LOGI, LSTR, LXU, LYV, MARA, MCY, MDLZ, MRK, NBIS, NBR, NEO, NEOG, NMIH, NMR, NSC, NWBI, NXRT, NXT, OI, ORN, PDCC, PDLB, PDS, PEB, PEN, PERF, PG, PHG, PII, PJT, PPG, PRPL, PYPL, QRVO, QUAD, QURE, RCKY, RCL, REG, RGEN, RMAX, RRR, RSG, RYI, SB, SBUX, SEB, SITC, SOFI, SPOT, SRBK, ST, STAG, STLA, STX, SWK, SYY, TDOC, TER, TFSL, TRS, TRTX, TTAM, TTI, TX, TYGO, UMBF, UNH, UNM, UPS, V, VRNS, WERN, WGS, WPC, WSBC, XGN, XPL, XPRO, ZWS
- Ex-div:
ASML, FAST, GGAL, PSEC
- Economic events and announcements:
- 2-Year Note Auction (previous: 3.786%)
- 3-Month Bill Auction (previous: 4.240%)
- 5-Year Note Auction (previous: 3.879%)
- 6-Month Bill Auction (previous: 4.115%)
- Dallas Fed Mfg Business Index (previous: -12.7)
## Upcoming events for Wednesday, July 30th
- Expected earnings:
ACR, ACT, ADP, AEM, AEP, AER, AGI, AHT, AIN, ALB, ALG, ALGN, ALHC, ALKT, ALL, AM, AMRN, ANIK, APLD, AR, ARCB, ARM, ASC, AUR, AVB, AVDX, AWK, AWRE, AX, AXTA, BALY, BBD, BBDO, BBVA, BFIN, BG, BHC, BHE, BKH, BLCO, BLFY, BLKB, BMEA, BNL, BSBK, BSBR, BXMT, CACC, CBZ, CCRN, CFLT, CGNX, CHEF, CHKP, CHRW, CLBK, CLH, CLVT, CMCO, CMRE, CNMD, CNXN, COCO, CODI, COMP, CP, CPSH, CRK, CRTO, CSL, CSV, CTOS, CTSH, CVI, CVNA, DAN, DLHC, DRS, DSX, DXCM, EBAY, EDU, EG, EIG, ENTG, EOSE, EPR, EQIX, ESI, ETD, ETR, ETSY, EVR, EVTC, EXR, EZPW, F, FAT, FATBB, FBRT, FDP, FE, FFIV, FICO, FLS, FMC, FORM, FRGE, FSS, FTV, FULC, FVRR, FXNC, GEHC, GENK, GFL, GH, GHC, GIB, GIGM, GKOS, GNRC, GNW, GRBK, GRMN, GSK, GT, GTE, GTES, HAYW, HBB, HDSN, HESM, HOG, HOLX, HOOD, HSBC, HST, HSY, HUM, HVT, HVT.A, HWKN, IEX, INMD, INVA, INVH, IONS, IRT, ITW, KGC, KHC, KRG, LFUS, LPSN, LRCX, LTBR, LUNG, LVWR, LXFR, LXP, MAA, MCW, MDXG, MEOH, META, MFG, MFIN, MGM, MGY, MKL, MMSI, MNRO, MO, MOD, MORN, MSFT, MTG, MTRN, MUSA, MYRG, NAVI, NBIX, NCSM, NEU, NFG, NHTC, NMRK, NTGR, NVNO, NWE, NWPX, NYMT, OBT, ODFL, OFLX, OGE, OPCH, OPI, OSW, PAG, PBI, PGRE, PI, PLPC, PPC, PRU, PSA, PTC, PUMP, QCOM, QTWO, RDN, RDWR, REYN, RGR, RM, RSI, RUSHA, RUSHB, RWT, SAGE, SAN, SCI, SCL, SDGR, SF, SFM, SGU, SHOO, SIMO, SITE, SLGN, SMG, SMHI, SNBR, SPOK, SPSC, SRDX, SSBI, STNG, STRA, SUI, SW, SXC, TAK, TEF, TENB, TEVA, TGB, THG, THRY, TIMB, TIPT, TK, TKR, TMDX, TROX, TS, TSLX, TT, TTEK, TTMI, TW, TXNM, TYL, UAN, UBS, UDMY, UDR, UE, UFPT, UIS, UMC, USLM, UTHR, VFC, VICI, VIRT, VRSK, VRT, VSEC, VTR, WAY, WDC, WEC, WHD, WING, WSO, WSO.B, WSR, WVE
- Ex-div:
ENTG, FRMEP, MCBS, NTIC
- Economic events and announcements:
- 7-Year Note Auction (previous: 4.022%)
- API Weekly Crude Oil Stock (previous: -0.577M)
- Atlanta Fed GDPNow (consensus: 2.4%, previous: 2.4%)
- CB Consumer Confidence (consensus: 95.9, previous: 93.0)
- Dallas Fed Services Revenues (previous: -4.1)
- Goods Trade Balance (consensus: -98.30B, previous: -96.59B)
- House Price Index (consensus: -0.1%, previous: -0.4%)
- House Price Index (previous: 3.0%)
- House Price Index (previous: 434.9)
- JOLTS Job Openings (consensus: 7.490M, previous: 7.769M)
- Redbook (previous: 5.1%)
- Retail Inventories Ex Auto (previous: 0.2%)
- S&P/CS HPI Composite - 20 n.s.a. (consensus: 2.9%, previous: 3.4%)
- S&P/CS HPI Composite - 20 n.s.a. (previous: 0.8%)
- S&P/CS HPI Composite - 20 s.a. (previous: -0.3%)
- Texas Services Sector Outlook (previous: -4.4)
- Wholesale Inventories (consensus: -0.1%, previous: -0.3%)
## Upcoming events for Thursday, July 31st
- Stock splits:
- YOSH @ **4:1**
- Expected earnings:
AAMI, AAPL, ABBV, ACCO, ADC, AEE, AES, AGCO, AGIO, AJG, ALGM, ALNY, AME, AMH, AMZN, APD, APG, APLS, APPF, APTV, ARGX, ARW, ASUR, ASX, ATEC, ATHM, ATI, ATR, AUPH, AXTI, BAX, BCH, BCPC, BDC, BE, BFAM, BGC, BHR, BIGC, BIIB, BIO, BIO.B, BIP, BJRI, BLDR, BMY, BSAC, BTE, BTU, BUD, BWA, BZH, CABO, CCCS, CCJ, CDRO, CFR, CI, CIGI, CIO, CLAR, CLMB, CLX, CMCSA, CMPS, CMS, COHU, COIN, COLM, CPS, CPT, CRAI, CRS, CSW, CUBE, CUZ, CVCO, CVE, CVS, CWST, CWT, DFIN, DINO, DLB, DSGR, DTM, DXC, EEFT, EGO, EIX, EME, EMN, ENVX, ERO, ES, EXC, EXPI, EXPO, FBIN, FFWM, FHI, FIVN, FND, FOLD, FORR, FSLR, GCI, GDYN, GEL, GGB, GIL, GOOS, GSIT, GTLS, HEPS, HGV, HII, HR, HTGC, HUBG, HUN, HURN, HWM, IART, ICE, ICFI, IDA, IDCC, ILMN, INDV, ING, INOD, IP, IR, IRTC, ITRI, ITT, JHG, K, KBR, KEX, KIM, KKR, KLAC, KWR, LAUR, LECO, LEG, LIDR, LNC, LOCO, LPLA, LSPD, LUMN, MA, MAS, MATX, MDCX, MERC, MGPI, MIR, MNMD, MPW, MPWR, MRP, MSEX, MSTR, MT, MTD, MTZ, MX, MYE, NATR, NAUT, NCLH, NET, NOG, NREF, NSIT, NVST, OFS, OHI, OIS, OLED, OMCL, ONEW, OWL, PATK, PBF, PCG, PCOR, PHAR, PK, PPL, PRDO, PRLB, PRO, PWR, RACE, RBLX, RDDT, RGA, RIOT, RKT, RMD, RMNI, ROG, ROKU, RYAN, RZC, SCKT, SEM, SHAK, SHEN, SID, SILC, SIRI, SKWD, SLSN, SM, SMFG, SNCY, SNDL, SNDR, SNY, SO, SPGI, SPXC, SQNS, STGW, SVV, SYK, TAL, TEX, TFX, THS, TREE, TRN, TRP, TWI, UL, UPBD, UTZ, VAL, VALE, VCEL, VMC, VNDA, VNT, WBX, WCC, WEAV, WK, WKC, WRD, WSC, WTRG, WTW, XEL, XPO, XRX, XYL, ZEUS
- Ex-div:
AGNC, CCLDO, LNT, PAA, PAGP, RBB, SQFTP, TXN, VIOT
- Economic events and announcements:
- ADP Nonfarm Employment Change (consensus: 82K, previous: -33K)
- Core PCE Prices (previous: 3.50%)
- Crude Oil Imports (previous: -0.740M)
- Crude Oil Inventories (previous: -3.169M)
- Cushing Crude Oil Inventories (previous: 0.455M)
- Distillate Fuel Production (previous: 0.095M)
- EIA Refinery Crude Runs (previous: 0.087M)
- EIA Weekly Distillates Stocks (previous: 2.931M)
- EIA Weekly Refinery Utilization Rates (previous: 1.6%)
- FOMC Press Conference
- FOMC Statement
- Fed Interest Rate Decision (consensus: 4.50%, previous: 4.50%)
- GDP (consensus: 2.4%, previous: -0.5%)
- GDP Price Index (consensus: 2.3%, previous: 3.8%)
- GDP Sales (previous: -3.1%)
- Gasoline Inventories (previous: -1.738M)
- Gasoline Production (previous: 0.282M)
- Heating Oil Stockpiles (previous: 0.003M)
- MBA 30-Year Mortgage Rate (previous: 6.84%)
- MBA Mortgage Applications (previous: 0.8%)
- MBA Purchase Index (previous: 165.1)
- Mortgage Market Index (previous: 255.5)
- Mortgage Refinance Index (previous: 747.5)
- PCE Prices (previous: 3.7%)
- Pending Home Sales (consensus: 0.3%, previous: 1.8%)
- Pending Home Sales Index (previous: 72.6)
- Real Consumer Spending (previous: 0.5%)
^^^^2025-07-28

Cautious:-
Challenge $1.00 this week, then have multiple spikes of various degree until early September.
Speculative:-
50% pop this week with IND announcement (IND for DLB's phase 3 is pending and decision should have been released by FDA by now), then price correction until FDA EOP2 minute, then another pop to $2.00+, then 2\~3 weeks of cool down period until BLD decision, if positive 200\~400% isn't off the table.
\-RISK to consider-
CGTX has until 8th of September to have stock price above $1.00 for 10 consecutive days to meet NASDAQ compliance. Earning will be scheduled between 7\~12th August and depending on the market valuation by that time, CGTX will announce reverse split plan if maintaining $1.00+ is deemed difficult.

It is true that it's up almost 400% from its lows, been climbing gradually with just a little pop with EOP2 meeting with FDA, and it's not done yet. Don't you think there is a reason for the gradual climb?
**AAIC Podium Presentation isn't really a news at all, it's just an added bonus along the way.**
Real deal is to come in August with official minute from FDA for EOP2 regarding AD treatment (which is highly popular theme among small cap bio) and very likely to announce roadmap for Phase 3. CT1812 has shown a significant improvement for early AD patients specifically with low p-tau 237 group (early stage AD) and showed astonishing 95% of slow in decline for this low p-tau 237 group. This means patient with early AD can have much better quality of life for longer period of time. Caveat for AD treatment with CT1812 is that it doesn't work with already advanced AD patients. Further extended study for AD treatment is already on its way (Phase 2b) and will begin trials from this year. Phase 3 will be likely to be designed for low p-tau 237 groups. Anyway, we have yet to see FDA's minute but the company has already announced the meeting was positive.
And the biggest deal is to come later in August with FDA's approval decision with DLB treatment using same CT1812, which showed staggering efficacy on all aspects of symptoms. DLB is a basically a buffet of Dementia, its biggest problem is hallucination and patient turning violent and the life of caretaker can be miserable, and it is combined with cognitive decline, motor decline, This can be a real breakthrough technology.
During its phase 2, conducted for 6 months with about 150ish patients, It showed
82-86% reduction in NPI (hallucinations/anxiety/delusions),
91% reduction in CAF (variability of attention and alertness),
52% reduction in ADCS-ADL (Functional ability - daily tasks such as shower, dressing etc...),
62% reduction in MDS-UPDRS (Parkinsonism-related motor function)
all results against the placebo, and most importantly, improvement of caregivers' distress was significant against placebo groups.
Of course there is risk of pump and dump after AAIC, but it's very short sighted, you will be leaving the party after just having an apero.
And obviously, there is a risk of negative outcome of all the planned catalysts,
you can DYOR to weigh pros and cons.
I have 10,000@0.68

**New Deep Dive: Cognition Therapeutics ($CGTX)**
Cognition is a microcap CNS company developing an oral Alzheimer’s and DLB drug, backed by $47M in NIH grants. It trades around a $40M market cap—effectively at cash—despite multiple mid-stage trials and near-term data catalysts.
In this report, we cover:
• The science behind sigma-2 receptor modulation
• Valuation modeling (rNPV and peer comps)
• Bull, bear, and base case outcomes
• Why we assign a conviction score of 8.3/10
• Target valuation: $150–175M
If CGTX delivers, we think it re-rates sharply. If not, the downside is mostly priced in.
**Read the full analysis here:**
[https://frisbyresearch.substack.com/p/1-undervalued-nih-backed-and-near](https://frisbyresearch.substack.com/p/1-undervalued-nih-backed-and-near)