Weekly Buzz: Inverse ETF shined in a bear market
Spoiler:
At the end of this post, there is a chance for you to win points!
Source: GetYarn
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.)
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Buzzing Stocks List & Mooers Comments
Three major indices moved downward, all buzzing stocks were trading lower amid fears of economic slowdown except SQQQ over the past week (As of Sep 23, 2022). Here is the weekly buzzing stock list of last week:
1. TSLA - Buzzing Stars: ⭐⭐⭐⭐⭐
Tesla has recalled almost 1.1 million electric vehicles over concerns. Besides, its share price went down 9.24% last week amid the weakness of the overall market (As of Sep 23, 2022).
@SpyderCall:
Tesla has been selling off with the rest of the market. But remember that the market cannot go straight down in a straight line all of the time. There are always short term corrections or bounces on the way down.
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2. AMC - Buzzing Stars: ⭐⭐⭐⭐
The overall market sentiment has been down on AMC stock lately. AMC's stock was slipping 11.02% last week and hit a new 52-week low last Friday (As of Sep 23, 2022).
@Mikebierer:
Nothing on the ape side. The fundamentals of AMC have only gotten better since then, more involvement from large investors, more apes plus we’re not selling.
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3. SPY - Buzzing Stars: ⭐⭐⭐⭐
The S&P 500 suffered a weekly decline of 4.57% during the week after the Federal Reserve endorsed a hawkish monetary policy tightening path (As of Sep 23, 2022).
@SpyderCall:
The picture below illustrates the major sell-off that occured following the interest rate decision. The data shows that over a billion dollars in capital exited the S&P 500 the day of the interest rate decision.
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4. QQQ - Buzzing Stars:⭐⭐⭐⭐
The price of QQQ fell 4.60% last week to a fresh two-month trading low. (As of Sep 23, 2022).
@iamiam:
Stay BEARISH friends. No need to catch a falling knife, or be a hero. If you still have stock - hedge it, it's not too late we are going way way DOWN!
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5. AAPL - Buzzing Stars: ⭐⭐⭐
AAPL's stocks fell 0.18% last week despite several reports holding positive news for the company and shareholders (As of Sep 23, 2022).
@Cow Moo-ney:
Super huge resistance between 158-160. Personally, i wouldn’t go long if the price is anything below this range.
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6. APE - Buzzing Stars:⭐⭐⭐
AMC's 'APE' stock tumbled 26.94% last week, and it was trading 42.5% below where it closed on its first day of trading on Aug 22 (As of Sep 22, 2022).
@Zerocool888:
Just need to remind those new APES to stay on course. Some will usually panic after seeing so many red days. It is a good way to ensure them we are all in it together to fight against corruptions and hedgies!
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7. MULN - Buzzing Stars:⭐⭐⭐
As Mullen's CEO sold 750,000 shares of the firm's stock, its shares dropped 20.37% last week (As of Sep 23, 2022).
@bambinoPR:
Very strong resistance at .40 even when the market is currently bleeding it seems next week we are going to start rising again
8. NIO - Buzzing Stars:⭐⭐⭐
Shares of NIO slipped 12.46% last week with no company-specific news, but EV stock was likely falling as the broader market responded to soaring inflation (As of Sep 23, 2022).
@decisive Gopher_7205:
Many people stuck as their average pricing is 19-20 when they unknowing follow the trend . long term investors buy today and go away, hold hold hold.
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9. SQQQ - Buzzing Stars:⭐⭐⭐
Congrats on the only green baby we got this week! SQQQ went up 14.54% over the past week as investors assessed Fed commentary and a 75 bps rate hike (As of Sep 23, 2022).
@Cow Moo-ney:
No one can time the bottom accurately, so I would rather dip my toes into the market slowly and carefully, and stay invested despite the tough times.
Read more >>
10. NVDA - Buzzing Stars:⭐⭐
Amid increasing evidence of sharply declining PC sales, it was decelerating data centre revenue and anemic flash-memory growth. Chip stock NVDA slumped 5.17% over the past week (As of Sep 23, 2022).
@protraderx:
On the good side, of the 43 analysts who cover Nvidia, 31 have buy-grade ratings, 11 have hold ratings, and one has a sell rating. Of those, 13 lowered their price targets, resulting in an average target price of $202, down from a previous $202.51.
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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.
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:
Federal Reserve was pursuing a quantitative tightening policy stance in history. Why did they start to tighten? Why did they stop?
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.
Winners will get 200 points by next week, with which you can exchange gifts at Reward Club.
*Comments within this week will be counted.
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Popular on moomoo OP : Time to be rewarded for your great insights and knowledge. We'd like to invite you to comment below and share your idea on:
Federal Reserve was pursuing a quantitative tightening policy stance in history. Why did they start to tighten? Why did they stop?
HopeAlways : While the Fed has flagged its plans for so-called quantitative tightening well in advance, investors are not clear what the impact will be of a process that has never been attempted at such a scale before. The move could further unsettle a bond market already battered by speculation that the Fed is poised to accelerate the pace of its interest rate hikes.
VCSuccess HopeAlways : Quantitative tightening is as ambitious as its impact is uncertain. At full-throttle, the pace of balance sheet tightening will be much more aggressive than in the past, and come at a time when interest rates are rising quickly.
Syuee : The Fed really has very few tools to combat inflation, but interest rates are one of them.
Raising interest rates is an attempt to slow the economy and thus reduce inflation.
When Fed and central banks interfere in the supply of currency, when so-called “ experts ” target interest rates, that disrupts the balance between savings, investment, production and consumption.
Businesses lose the ability to know what that balance is, and so judge what is and is not profitable …
The recession is highly likely going to happen.
They are trying to put it off, by doing more of what caused the recession to be necessary in the first place.
Of course, this cannot go on forever~ .
At some point there will be a recession, be it through a ceasing of the currency devaluation, or hyperinflation.
One of those two is inevitable.
The distortions created by the 2008 bailouts and currency devaluation ( also called Quantitative Easing ) to hide the fact that it’s just inflation, and horrifically irrational interest rates, should be cleared out.
By delaying the correction, the problem is only made worse.
This is the same as :
Drinking ( water ) may delay a hangover but not prevent it, and drinking more only makes the hangover worse. So how to prevent a hangover ?
Stop drinking ??
Stop interfering in interest rates, stop inflating the currency.
And if that is simply too hard, then stop complaining and enjoy the hangover ?
meruson : the fed tightens to tame inflation by reducing money supply, increasing cost of business lending thus cools economic activity, which in turn increases unemployment. since 2008, the fed also has created a balance sheet for quantitative easing or QE when interest rates could not go any lower. increase of interest rate helps the fed to reduce its balance sheet by billions per day.
the fed loosens when unemployment rate is unacceptable (above 5%) hence the need to stimulate the economy by making business lending more easy, which in turn allow businesses to hire more workers. there are also economic crises such as 2008 global financial crisis and COVID-19 pandemic that made the fed to loosen monetary policy.
cheers or cheer up
Milk The Cow :
Milk The Cow : I think that they are doing the right thing to tighten it as this is the fastest way to stop high inflation once & for all .
They will only stop if they see the inflation level they wanted, I guess .
Of course they do not wish for a recession. But, let's solved one problem 1st & leave the next problem to the future to solve if it arises . Their job is simple, to control the supply & demand of .
Welp, as long as it's not a financial crisis... = barely make it .
Syuee HopeAlways : While markets determine the direction of yields, in the short term, Treasury yields are more likely to be driven by inflation and growth expectations and sentiment.
Over time, the lack of Fed demand on Treasury supply may impact liquidity in bond markets.
A successful QT program may lead to higher equilibrium yields and steeper curves over the coming years.
HopeAlways Syuee : Investors need to know how quantitative tightening is working now to appreciate what is to come.
钱先生的养老金 : Although the Fed announced its so-called quantitative tightening program a long time ago, investors do not know what impact this unprecedented tightening will have. The move could further disrupt the bond market, which has been speculated that the Fed is ready to speed up the pace of interest rate hikes.
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