[WeeklyTop5Stocks] Nio Hit Record High, Apple Missed Expectations.
Happy Monday everyone and welcomes to the moomoo WeeklyTop5Stocks column.![]()
Tesla's Q3 Earnings meeting is scheduled at 1:30 PM PDT, October 21. Tesla will release the latest financial results of the company. It undoubtedly will generate a huge impact on the whole EV market.
@moo_Live will sync the Tesla Q3 Earnings meeting to the moo community for Tesla stockholders and fans to get the first-hand info, come and listen!![]()
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Here is the moomoo top 5 stock list for last week:
![[WeeklyTop5Stocks] Nio Hit Record High, Apple Missed Expectations.](https://ussnsimg.moomoo.com/1603694170893-77777000-android-org.png/bigmoo)
$Apple(AAPL.US$
Apple released the iPhone 12 series products that support 5G networks at this week's event. However, the market's response to this blockbuster product has been mediocre, and analysts generally believe that it lacks innovation. Apple's stock price rose to $125.39 before the press conference, but it had fallen to $119.02 at the close of last week. However, the sales of the iPhone 12 are still promising, and its subsequent changes remain to be seen.
Apple released the iPhone 12 series products that support 5G networks at this week's event. However, the market's response to this blockbuster product has been mediocre, and analysts generally believe that it lacks innovation. Apple's stock price rose to $125.39 before the press conference, but it had fallen to $119.02 at the close of last week. However, the sales of the iPhone 12 are still promising, and its subsequent changes remain to be seen.
Mooers comment: @ROSE_31 ...people need to switch to new iPhone to enjoy the fastest bandwidth. It must be good sales.
![[WeeklyTop5Stocks] Nio Hit Record High, Apple Missed Expectations.](https://ussnsimg.moomoo.com/1603109832594-77777000-android-org.jpg/bigmoo)
$NIO Inc(NIO.US$
After experiencing last week's stabilization, NIO set its record high again this week, the price once reaching an intraday high of $29.4. On Friday, it gained a new closing high of $28.48, and the cumulative increase this week is 32.65%. NIO's rise this week is mainly due to JP Morgan's latest commentary, which hiked the price target for NIO shares to $40. The outstanding performance of NIO also lifts market confidence in the EV market of China as a whole.
After experiencing last week's stabilization, NIO set its record high again this week, the price once reaching an intraday high of $29.4. On Friday, it gained a new closing high of $28.48, and the cumulative increase this week is 32.65%. NIO's rise this week is mainly due to JP Morgan's latest commentary, which hiked the price target for NIO shares to $40. The outstanding performance of NIO also lifts market confidence in the EV market of China as a whole.
Mooers comment: @nionionio based on Q3 profit & ET7 & NOP, especially economy recovery in China, I see NIO at 30 at the end of 2020.
![[WeeklyTop5Stocks] Nio Hit Record High, Apple Missed Expectations.](https://ussnsimg.moomoo.com/1603109832601-77777000-android-org.jpg/bigmoo)
$Tesla(TSLA.US$
Tesla’s stock opened up but closed down this week. It rose to $465.9 in intraday trading on Wednesday but fell back to $439.67 at the close of the market on Friday. Due to the upcoming Q3 earnings meeting, the market has maintained a high degree of attention to TSLA this week, while the market mood is relatively stable. Considering the potential impact of the Q3 meeting, it is expected that Tesla's stock price may fluctuate significantly next week.
Tesla’s stock opened up but closed down this week. It rose to $465.9 in intraday trading on Wednesday but fell back to $439.67 at the close of the market on Friday. Due to the upcoming Q3 earnings meeting, the market has maintained a high degree of attention to TSLA this week, while the market mood is relatively stable. Considering the potential impact of the Q3 meeting, it is expected that Tesla's stock price may fluctuate significantly next week.
![[WeeklyTop5Stocks] Nio Hit Record High, Apple Missed Expectations.](https://ussnsimg.moomoo.com/1603109832608-77777000-android-org.jpg/bigmoo)
$Amazon(AMZN.US$
Amazon saw the end of its 2020 Prime Day this week. Prime Day's sales records have been constantly refreshed in the past few years, it has become the most important annual promotion event for Amazon. But this year, although the sales of third-party sellers have increased by 60%, Prime Day's overall sales have not met investors' expectations. Changes in the stock price also reflected investors' reaction to this result. Amazon's stock price fell 2% at the close of trading on Friday.
Amazon saw the end of its 2020 Prime Day this week. Prime Day's sales records have been constantly refreshed in the past few years, it has become the most important annual promotion event for Amazon. But this year, although the sales of third-party sellers have increased by 60%, Prime Day's overall sales have not met investors' expectations. Changes in the stock price also reflected investors' reaction to this result. Amazon's stock price fell 2% at the close of trading on Friday.
![[WeeklyTop5Stocks] Nio Hit Record High, Apple Missed Expectations.](https://ussnsimg.moomoo.com/1603109832615-77777000-android-org.jpg/bigmoo)
$Fastly(FSLY.US$
Fastly is the new guest of our Weekly Top5 column, and its stock price has fluctuated sharply this week. As the company lowered its Q3 profit forecast, the market reacted fiercely, and its stock price plummeted 27% in one day. As a company mainly engaged in the cloud computing business, FSLY is favored by the market this year due to the epidemic, and its stock price has risen by more than 1,200%.
Fastly is the new guest of our Weekly Top5 column, and its stock price has fluctuated sharply this week. As the company lowered its Q3 profit forecast, the market reacted fiercely, and its stock price plummeted 27% in one day. As a company mainly engaged in the cloud computing business, FSLY is favored by the market this year due to the epidemic, and its stock price has risen by more than 1,200%.
![[WeeklyTop5Stocks] Nio Hit Record High, Apple Missed Expectations.](https://ussnsimg.moomoo.com/1603109832621-77777000-android-org.jpg/bigmoo)
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Kittykiki : i am wondering if Tesla can keep rising this week.
70178940 : I think so they will be!!
Mcsnacks H Tupack : They have a history of big selloffs after ER. Plus equities are going down due to covid lockdown fears starting again.
Mcsnacks H Tupack : I’d watch what happens with the stimulus negotiations tomorrow and if they vote Wednesday for it.
15819691 Mcsnacks H Tupack : I agree. I dont think ER itself will be bullish enough to even support its current price. It’s totally depend on the stimulus negotiation
Gregory Cox : It dont seem Right that the stimulus would effect the world .It does seem are will have a retaliation in the long run.
some companies Hk? Uk?
at the same time .if they werent giving it to stimulus they be giving it to some other sponge.are putting more fat on them selfs.so really why in the hell it matter at all? and for NIO you think the stimulus going to effect EV in China ?
I dont think so. I would watch states . china
going to be interesting. if no deal tuseday then after the 3ard.
Gregory Cox : And then I seen the rock to smash us the second.so we may need to beened over backwards kiss our asses by.
Ill be pist. I want to be in on at least one
balls to the wall run to the top$$$ Damit.