Weekly Buzz: Tesla's stock wipeout opened door for the brave
Spoiler: At the end of this post, there is a chance for you to win points!
Happy Monday,mooers! Welcome back toWeekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes of last week! (Nano caps are excluded.)
Part Ⅰ: Make Your Choices
Part Ⅱ: Buzzing Stocks List & Mooers Comments Three major indices moveddownward, Russell 2000 Index decreased2.56%last week (As of Jul 01, 2022). Here is the weekly buzzing stock list of last week:
1. TSLA - Buzzing Stars:⭐⭐⭐⭐⭐
Tesla announces another job cut to deal with rising costs. Meanwhile, Tesla was scheduled to release its second-quarter vehicle delivery figures early next month. TSLA's stock dropped7.51%to $681.790 for the week (As of Jul 01, 2022). ● Mooers comment @TeslaSmurf:WHAT will happen to the stock? It’s a bear market and ANY not completely good news can trigger a fear-sell off. THEN ? If fearful retailers panic and sell the shorters will come in and the price will plunge until the resistance. Read more >>
2. AMC - Buzzing Stars: ⭐⭐⭐⭐
AMC stock reacted well to its addition to the Russell 1000, rising sharply amid investor excitement. Its share price surged8.50%and closed at $13.530 (As of Jul 01, 2022).
● Mooers comment @Jodom_Jay: We were supposed to run today but i wonder if they didnt do it, maybe my theory is correct. Tomorrow before close I guessing AMC at around 30 - 40 and change. Its going to be the beginning of the end. Read more >>
3. MULN - Buzzing Stars: ⭐⭐⭐⭐
MULN's stocks slid lower for the sixth consecutive trading day after the company failed to provide a much-anticipated update to shareholders. The share price of MULN closed at $1.080, with a weekly plummet of26.03%(As of Jul 01, 2022). ● Mooers comment @Piggy Bank Trader: $Mullen Automotive (MULN.US)$This company looks more and more a fraud and will be gathering the info to send to the SEC. It looks like our CEO sold another 350,000 shares on the 29th. Read more >>
4. NIO - Buzzing Stars:⭐⭐⭐⭐
● Mooers comment @SpyderCall:Im still bullish on NIO long term, But.... Long term outloock for nio is definitely bullish. But this ticker had a massive gain in the past few weeks. over a 75% gain. So you should expect a little profit take from time to time.
Although iPhone demand might be holding up better than investors expected, its share price closed at $138.930, with a weekly decline of1.93%(As of Jul 01, 2022). ● Mooers comment @Mikebierer:The iPhone at 15: An Inside Look at How Apple Transformed a Generation $Apple (AAPL.US)$I remember being curious what all the hype was about and went to an Apple store to look at the IPhone 3G. I could not believe what I was seeing. 15 years later, this product is still in a class by itself. AAPL has gone to the moon. Read more >>
6. WIMI - Buzzing Stars:⭐⭐⭐
WiMi has been facing issues arising from mounting debt, its share price closed at $2.130, with a weekly fall of5.33%(As of Jul 01, 2022) ● Mooers comment @Psyborg: $WiMi Hologram Cloud (WIMI.US)$The speed of VR/AR industry is obviously accelerated by The Times. WIMI enhances the existing virtual experience with 5G and expands new application scenarios, such as AR shopping, AR vehicle, AR entertainment, etc.
7. IMPP - Buzzing Stars:⭐⭐⭐
IMPP announced that it received written notice from the NASDAQ stating that it did not meet the $1 listing requirement. The share price of IMPP went down15.33%to $0.4335 over the past week (As of Jul 01, 2022). ● Mooers comment @Apollod Wed: $Imperial Petroleum (IMPP.US)$The stock has a market cap of $60.07M with 142.84M shares outstanding, of which the float was 141.80M shares. Analysts consider this stock active, since it switched Trading volume reached 10,504,039 shares as compared to its average volume of 45.83M shares. Rear more >>
8. NVDA - BuzzingStars:⭐⭐⭐
After the company's stock received a price target cut, some analysts had a few negative comments about the chip market, and investors worried that comments made by another chip company about slowing demand might mean bad news for Nvidia as well. The share price of NVDA slipped15.20%to $145.230 for the week (As of Jul 01, 2022). ● Mooer comment @SpyderCall:US semiconductors are looking pretty ugly on the charts be careful. could be a bear trap but the environment has not been good for stock in general lately
9. BABA - Buzzing Stars:⭐⭐⭐
BABA dropped lower again as Fed Chairman Powell as he reiterated the need to tackle inflation. The shares of BABA fell1.38%last week and finally closed at $116.000 (As of Jul 01, 2022). ● Mooer comment @SpyderCall:Possible Future Price Action If we make new 52 week lows I will be surprised
10. AMD - Buzzing Stars:⭐⭐
One analyst issued a bullish forecast for AMD last Thursday, which was overshadowed by a disappointing earnings report from Micron Technology that weighed on semiconductor stocks. Its share price closed at $73.670, with a weekly drop of15.40%(As of Jul 01, 2022). ● Mooer comment @Valery S:AMD still look weak Chart pattern a bit similar to late April?!perhaps more room to fall over next 1 or 2 days before a short term bottom?!
Part Ⅲ: Weekly Topic Time to be rewarded for your great insights and knowledge!
This week, we'd like to invite you to comment below and share your idea on: What advice would you give your younger self about anything finance related?
We will select15 TOP COMMENTSby next Monday. Winners will get200 pointsby next week, with which you can exchange gifts at Reward Club. *Comments within this week will be counted.
Top Comment Technique: ● Fundamental / Technical / Capital Analyses ● Personal Trading Experience ● Any bright insights or knowledge
Disclaimer: Comments above are made available for informational purposes only. Before investing, please consult a licensed professional. This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal.Tap for more details.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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steady Pom pipi
:
I would like to hope that the sooner I am younger, the better off I can start investing; when I'm young, I'm less burdened, and I may still lose.
HopeAlways
:
Before putting one's hard-earned money or savings into an investment vehicle, the younger investor will need a basic understanding of how to invest one's money the right way. But there is no one-size-fits-all answer. The best way to invest one's money is whichever way works best for oneself. To figure that out, one has to consider his or her investing style, budget and risk tolerance.
1994CM
:
We buy the dips of the companies at the most cheapest when they go up in price even higher long term (5 to 40 years in the future) then we profit from it.
Syuee
:
The advice I would give to my younger self:
- Don’t let fear grip me - Watch my pennies and my dollars will take care of themselves - Don’t let best get in the way of better - Plan for success - Measure twice, cut once - All material objects will fade and rust, no matter how they glitter. - Not all that glitters is gold. - Make more money, not save more money. No one increases their net worth by saving. They increase by making more~ money.
Invest in myself first : Health, knowledge, global experience, positive people's networks~ .
Nobody can take these away from me. These will be my main assets to master my life and grow anytime and anywhere, regardless of tough times.
I will tell my younger self to relax more. Be patient. Persistence makes success.
steady Pom pipi :
steady Pom pipi : I would like to hope that the sooner I am younger, the better off I can start investing; when I'm young, I'm less burdened, and I may still lose.
HopeAlways : Before putting one's hard-earned money or savings into an investment vehicle, the younger investor will need a basic understanding of how to invest one's money the right way. But there is no one-size-fits-all answer. The best way to invest one's money is whichever way works best for oneself. To figure that out, one has to consider his or her investing style, budget and risk tolerance.
1994CM : We buy the dips of the companies at the most cheapest when they go up in price even higher long term (5 to 40 years in the future) then we profit from it.
doctorpot1 :
doctorpot1 : congrats to all winners
Syuee : The advice I would give to my younger self:
- Don’t let fear grip me
- Watch my pennies and my dollars will take care of themselves
- Don’t let best get in the way of better
- Plan for success
- Measure twice, cut once
- All material objects will fade and rust, no matter how they glitter.
- Not all that glitters is gold.
- Make more money, not save more money. No one increases their net worth by saving. They increase by making more~ money.
Invest in myself first : Health, knowledge, global experience, positive people's networks~ .
Nobody can take these away from me. These will be my main assets to master my life and grow anytime and anywhere, regardless of tough times.
I will tell my younger self to relax more. Be patient. Persistence makes success.
#NotAllThatGlittersIsGold
polarsday : go go go!
HopeAlways Syuee : Investing in oneself is a sure-fire way to reap a good return on one's investment.
Syuee HopeAlways : By investing consistently when one is young, it will certainly allow the process of compounding to work to your advantage.
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