Weekly Buzz: "meme stock" mania has come
Spoiler:
At the end of this post, there is a chance for you to win points!
Happy Monday, mooers! Welcome back to Weekly 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 moved upward, Russell 2000 Index increased 2.74% last week (As of Aug 05, 2022). Here is the weekly buzzing stock list of last week:
Data as of Aug 01-05, 2022
1. TSLA - Buzzing Stars: ⭐⭐⭐⭐⭐
According to a preliminary tally announced at the meeting, shareholders of Tesla approved a 3-for-1 split of the company's common stock. TSLA's stock fell 3.02% to $864.510 for the week (As of Aug 05, 2022).
Mooer comment
@Rocket Man: TSLA Shareholder Meeting Notes
- 2M run rate by end of the year
- looking to end year with 1.5M
- Tesla recently made its 3millionth car
- “Solving autonomy will really be an amplification of free cash flow” Elon
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2. AMC - Buzzing Stars: ⭐⭐⭐⭐
AMC planned to issue 517 million shares of preferred stock under the ticker symbol ‘APE.’ Its share price soared 52.34% and closed at $22.180 (As of Aug 05, 2022).
Mooer comment
@SpyderCall: Bad reaction to earnings?
This is a pretty big sell-off after earnings. I'm assuming investors were disappointed and what they heard or saw on the report. But technically speaking the price is still within the uptrending channel.
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3. AAPL - Buzzing Stars:⭐⭐⭐⭐
Apple's iPhone appeared to thrive in a less-than-ideal quarter, with sales increasing by 3% to $40.7 billion. AAPL 's stock climbed 1.89% to $165.350 for the week (As of Aug 05, 2022).
Mooer comment
@矜重的比尔: 苹果赚了就该暴涨,我们该注意什么指标??
两个值得注意的指标需要小心。 $Apple (AAPL.US)$ 收入相当诱人。一是市场对其业绩质疑的反馈,二是“衰退”质疑的反馈,三是股市指标。
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4. BABA - Buzzing Stars: ⭐⭐⭐
Alibaba reported quarterly results that beat expectations on the top and bottom lines while indicating business conditions improved in June. BABA's stock gained 3.57% to $92.560 for the week (As of Aug 05, 2022).
Mooer comment
@Sonic The HEDGED:
ALIBABA. ADR. Friday close. Looks really bad. If because Taiwan and you don't think there's going to be war over Taiwan... could be an opportunity. If Taiwan situation escalate then end of the world.
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5. APDN - Buzzing Stars:⭐⭐⭐
Applied DNA stock was rocketing higher last Tuesday after the company revealed its starting analytical validation of a monkeypox virus test. Its stock price closed at $5.830, with a weekly soar of 721.59% (As of Aug 05, 2022).
Mooer comment
@Stock Market Watch:
Keep An Eye Out For This Stock This Week Coming Up! Moomoo Trade
Read the video >>
6. MULN - Buzzing Stars:⭐⭐⭐
The major news announcement that had Mullen shares surging was that the company was opening a new development center in California. MULN's stock rallied 7.72% to $0.854 for the week (As of Aug 05, 2022).
Mooer comment
@Piggy Bank Trader:
I dont think itll go down much further. They need it to stay over $1 for compliance and to be a creditable company. I cant see anyone agreeing to buy 10,000 vehicles from an OTC company.
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8. SPY - Buzzing Stars:⭐⭐⭐
S&P 500 was in rally mode on positive earnings and stronger economic data. The price of SPY closed at $413.470, with a weekly growth of 0.36% (As of Aug 05, 2022).
@Cow Moo-ney:
Check out the image below, and you would be able to see that SPY has tested this level (415) on so many occasions and kept getting rejected.
My view is that the broader market remains gloomy as long as SPY is below 420 and 415
Read more >>
8. AMD - Buzzing Stars:⭐⭐⭐
AMD reported better-than-expected earnings but forecasted slightly less revenue than analysts estimated for the September quarter. The shares of AMD surged 8.30% last week and finally closed at $102.310 (As of Aug 05, 2022).
Mooer comment
@yeftern: AMD surpasses Intel in market capitalization.
The trend in AMD’s upward momentum with Intel lagging behind follows recent earnings reports where AMD’s Q2 2022 earnings were up $6.55 billion in revenue, or 70 percent year-over-year.
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9. QQQ - Buzzing Stars:⭐⭐⭐
WealthShield Partners LLC increased its stake in shares of Invesco QQQ Trust by 609.06% during the first quarter. The price of QQQ went up 1.99% to $321.750 over the past week (As of Aug 05, 2022).
Mooer comment
@iamiam:
The rally is getting a little long, and the candles keep separating from the Moving Averages, and nothing stays separated for very long. I expect a spike up before a failure. We are right on a trendline so the candle could set up on the trendline.
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10. NIO - Buzzing Stars:⭐⭐
NIO's battery-swap stations allow customers to reduce the up-front cost of its electric vehicles (EVs) and effectively pay a subscription for the batteries. Its stock price closed at $20.220, with a weekly jump of 2.48% (As of Aug 05, 2022).
Mooer comment
@SANDRO 善子:
Speculative (Red) funds is reducing and Investing (Green) fund is moving in and the price rises from mean (19.20) to present price level.
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Thanks for your reading!
Awarding Moment
Before moving on to part three, congrats to the following mooers whose comments were selected as the top comments last week!
Notice: Reward will be sent to you this week. Please feel free to contact us if there is any problem.
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 is the easiest way to invest in the stock market, starting with a small amount of money ($500 or $1000, for instance)?
We will select 15 TOP COMMENTS by next Monday.
Winners will get 200 points by next week, with which you can exchange gifts at Reward Club.
*Comments within this week will be counted.
Top Comment Technique:
1. Fundamental / Technical / Capital Analyses
2. Personal Trading Experience
3. Any bright insights or knowledge
Previous of Weekly Buzz
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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HopeAlways : For new investors, it will be ideal to start investing with a small amount of money. A general rule of thumb is one should not invest in stocks with the money that is needed within the next three to five years and longer time horizons are even better. The stock market can fluctuate quite a bit over shorter periods, so before one invest, be sure to understand the risk tolerance and start first with a small amount and be mentally prepared to ride out the ups and downs.
Milk The Cow :
Milk The Cow : Wow, to me that is quite difficult to answer...
It depends on what u want... to rich slow or to rich fast .
Slow & steady like Warren Buffett, I think investing in index like $SPDR S&P 500 ETF (SPY.US)$ or $FTSE Singapore Straits Time Index (.STI.SG)$ is the best choice as I think it may be better than bank & funds .
For YOLO style, I think penny IPO stock may worth to take a look at as I'd saw quite a few penny IPO stocks got stonked to an increment of 100%+ in less than a week. Sometime it's just pointless to reason on stocks being "Gamestonk" on..., just ride the wave if u are YOLO enough & take profit fast at ur comfort zone .
It just depending on ur torrent level & appetite .
Syuee : Even if you have little money, you can still invest in stocks. You don't need big margin to trade.
So firstly learn how it is done. Learn technical analysis and analyse the stock with its fundamentals with future perspective.
In the stock market, there is a important term known as patience.
As a beginner, it would be better not to invest a big amount. Rather than investing big amount, which could face loss and demotivate a beginner to invest further.
A beginner needs to be patient and invest less money, but invest more~ time learning from experiences.
With the budget, you can pick a stock of a company that has been well-managed all along, is profitable and within a reasonable entry price.
Pick companies that do not do financial engineering by revaluing reserves and so on.
In other words, their profits should come from main line of business and they should be one of the better players in their sector.
Buy small quantities and study what happens to the stock and learn. Keep on learning and increasing your chances of investing profitably.
Keep investing in the market and keep creating wealth.
A good understanding of stock market functioning is the key to success.
If you have little money to invest, then, keep your returns expectations also minimal ~ .
Remember as and when you gain profit, you can reinvest it for future trades. So in effect, it gets compounded.
Its all your money, so take your own judgements, rather than relying on stray tips.
Do not follow anybody's advice. Do not get enamoured by fast money promises.
Learn to swim in a pool before you dive into the ocean.
Have a long term investment horizon, as compounding only works in long term.
Be disciplined and consistent in your investments. Keep adding good quality stocks whenever possible.
As the saying goes, A journey of a thousand miles begins with a single step.
steady Pom pipi : I just started with a small amount of money, so I dare not consider buying high-priced stocks. I bought a large number of low-priced stocks at the beginning, but I was tied up until now.The conclusion is that buying valuable stocks is the key point.
Syuee HopeAlways : Investing is a way to set aside money while you are busy with life and have that money work for you so that you can fully reap the rewards of your labor in the future.
Everybody's risk appetite is different. Understand what is yours and invest accordingly is indeed important.
HopeAlways Syuee : A common misconception is one needs a large sum of money to invest in stocks, but one can begin investing even with a small amount of money. The amount of money one is starting with is not the most important thing, rather it is making sure that one is financially ready to invest and one is investing frequently over time.
勇士 : Learned about .
HuatEver HopeAlways : If one is a newbie investor, I believe that one should navigate his investment journey by starting small so as to test the ground and have a good feel of the market before spurting his hard earned during the initial stage. Just like the fabled tortoise, he can surely win the race by being slow and steady.
VCSuccess HopeAlways : Investing is an exciting but daunting concept. Putting your savings to work earning more money sounds great, but many don't have a large sum of money lying around to invest. But it's possible to invest well even with a modest sum of money.
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