TSLA
Tesla
-- 431.660 NVDA
NVIDIA
-- 137.010 RGTI
Rigetti Computing
-- 17.0800 PLTR
Palantir
-- 79.080 BA
Boeing
-- 180.720 
[S2 W2 Spotlight]TOP5 Traders receive Gifts and you get chance to receive points
Dear moomooers![]()
Thank you for joining us at the second season of the US Stock Paper Trading Competition held by moomoo. With all that has transpired over this week, we wanted to take a moment to share our gratitude for your participation and celebrate the incredible impact each of you had by competing and showing professional investment approaches during this event.
And here we are to annouce another surprising news! ![]()
Make a guess of this week's Top Rising industry for the week and comment below in this post.
ie., the industry that takes the highest %Chg of this week by commenting in this post. We will choose 10 users who guess right of the highest %Chg industry.
There are tips for you guys:
You may go to“Quotes”->"Markets"->"US" to see the highest %Chg industry.
There are tips for you guys:
You may go to“Quotes”->"Markets"->"US" to see the highest %Chg industry.
![[S2 W2 Spotlight]TOP5 Traders receive Gifts and you get chance to receive points](https://sgsnsimg.moomoo.com/9011123554138088572.jpg/bigmoo)
Please take note:
1. Deadline: 20 August 2021, 6:00pm SGT.Be sure to comment before our deadline, drop your comments in the comments section below now!
2. Participants can submit multiple entries, but the latest comment will be considered as the final submission.
3. Each participants will be granted a 88 points reward by commenting your answer below. And there will be maximum 5 mooers who will receive 888 points for guessing right. If there is more than 5 mooers guessing right, we will take the 5 mooers who guess earlier in to account.
4. The highest %Chg industry will be determined at the last trading day of the this week after market close.
5. Each participant is only allowed to win one prize across all the qualifying periods during the competition.This is separate from “Guess the highest Total P/L”.
6. Ourdecision on the winner(s) and the prize are final and no correspondence may be entertained.
7. Substitution of gifts by the winner will not be entertained. We reserve all rights to end the Contest or amend the rules of the Contest at any time without prior notice.
8. No prize transfer, assignment, or substitution by winners is permitted. If the prize is unavailable for any reason whatsoever, we reserve the right to substitute the original prize with an alternative prize with similar monetary value.
9. Participants are required to have a Singapore residential address to qualify for this giveaway.
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And also, here we are excited to annouce our TOP5 traders of last week!![]()
And also, here we are excited to annouce our TOP5 traders of last week!
![[S2 W2 Spotlight]TOP5 Traders receive Gifts and you get chance to receive points](https://sgsnsimg.moomoo.com/8275588113264926972.jpg/bigmoo)
If you are one of our lucky winners, please drop us an email at clientmarketing@futusg.com with your full name, moomoo ID, Singapore residential address and contact number. We will mail your prize to you within 7 business days after we have received your email and completed the verification process.
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With given virtual cash, traders can build out the portfolio they always dreamed of, all experience levels investors were welcomed and top performers will be rewarded final prizes. Now let’s take a look at how did our leading participants perform in the previous week under the different market dynamic atmosphere.
Market Recap
U.S. stocks eked out another all-time high and Treasury yields declined after a report showed consumer sentiment fell to the lowest level in nearly a decade on last Friday. The dollar weakened and crude oil slumped.
The S&P 500 closed at a record for fourth consecutive session while trading within a 0.2% range last Friday. The consumer staples and real estate sectors led gains, while energy and financial shares declined. The benchmark index has almost doubled since the pandemic lows reached in March 2020, with the energy sector the biggest gainer during that period. Walt Disney rose after its streaming subscriptions beat estimates. European stocks posted the longest winning streak since 1999.
“It’s just a quiet summer Friday,” said Matt Maley, chief market strategist for Miller Tabak + Co. “Most of the earnings season is behind us. Therefore, people are just taking a breath after a nice rally.”
Stock of The Week
Themost highlighted stockfrom the previous week would beContextLogic Inc (WISH). ContextLogic operates the online e-commerce platform named WISH.com which was first founded by its current CEOPiotr Szulczewski and CTO Danny Zhangtogether in 2020.
Wish stock tumbled as much as 29% on Friday after turned in second-quarter sales and a per-share loss that missed expectations, prompting a double-downgrade from JPMorgan. J.P. Morgan's Analyst flipped to bearish from bullish as 2Q results and outlook suggest 'significant damage' to the business model.
Performance Tracking
![[S2 W2 Spotlight]TOP5 Traders receive Gifts and you get chance to receive points](https://sgsnsimg.moomoo.com/1431426985431317485.png/bigmoo)
Serena LYE has maintained the leading position with a return of 41.47% despite the volatility in the market over the past week. Her position was mostly unchanged from the previous week. Our first place of the season prefers stocks that are discussed on Reddit's Wall Street Bets forum, which are losing their momentum in the past two weeks. However, apost on the WSB forum, which had 88% upvotes as of press time, noted that Clover Health is ripe for a major squeeze beginning next weekaccording to Benzinga. The companywas mentioned 209 times as the most discussed single stock on the forum on August, 17th.
![[S2 W2 Spotlight]TOP5 Traders receive Gifts and you get chance to receive points](https://sgsnsimg.moomoo.com/7717527431312223787.jpg/bigmoo)
Our second place of the week goes to Moo is Fun, who finished the week with a 39.34% P/L%. He obtained his return by seeking opportunities in financial events that would generally trigger a large stock movement. He has seized a great return over the past week in Upstart Holdings (UPST), which announced outstanding earnings and revenue growth last week. The favorite sector of this winner is Financial, who invested most heavily in BNTX.
![[S2 W2 Spotlight]TOP5 Traders receive Gifts and you get chance to receive points](https://sgsnsimg.moomoo.com/7988763395952139157.png/bigmoo)
Hongliang Ang came in third place this week with a total return of 35.52%. This participant prefers large-cap companies and the vaccine industry. He also shows his ability how to find opportunities in the market. Zymergen is a biotech company that was trapped in a lawsuit due to its unlawful action. Our winner wisely bought the company when the stock price plunged sharply due to the lawsuit and waited for the rebound to sell. His largest holding as of week 2 was Apple.
![[S2 W2 Spotlight]TOP5 Traders receive Gifts and you get chance to receive points](https://sgsnsimg.moomoo.com/5304000378405117027.png/bigmoo)
User 102118593 finished the week as fourth-place with a P/L of 28.72% in the second week. He adopted a rather diversifying investment strategy which ensures the portfolio value would not suffer too much from market volatility. He prefers industries like healthcare, new energy that spend a large amount of capital in R&D. Companies in these industries usually construct a strongeconomicmoat for themselves.The term moat, popularized by Warren Buffett, refers to a business's ability to maintain competitive advantages over its competitors in order to protect its long-term profits and market share from competing firms.
![[S2 W2 Spotlight]TOP5 Traders receive Gifts and you get chance to receive points](https://sgsnsimg.moomoo.com/3111201339313163864.png/bigmoo)
102767342Kit has finished the week as the fifth in the competition. He obtained a return as high as 32.65% with 85% of all his capital and 2 trades only. Both of the companies he invested in are cryptocurrency-related companies. The Crypto market tops $2 trillion for the first time in nearly 3 months as bitcoin rallies as the epic Bitcoin topped 48,000 over the weekend. The bitcoin recovery comes after it sold off heavily in June and July, dropping below $30,000 following a record high of over $64,000 in April.
![[S2 W2 Spotlight]TOP5 Traders receive Gifts and you get chance to receive points](https://sgsnsimg.moomoo.com/6427750591434202068.png/bigmoo)
We look forward to your participation. Make your best guess today, COMMENT BELOW now and you could be one of our lucky winners!
If you have any questions or feedback, simply comment below or @ us! Don’t forget to followour official account @PaperTradingOfficial, where you can learn everything there is to know about Paper Trading.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Johannpee : Grocery Stores
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elvin_fu : Virpax Pharmaceuticals, Inc (VRPX)
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Stock adventurer : Grocery stores :&
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