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Weekly Buzz
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Weekly Buzz: A rollercoaster ride of stocks

Spoiler:
At the end of this post, there is a chance for you to win points!
Weekly Buzz: A rollercoaster ride of stocks
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.)
Make Your Choices
Buzzing Stocks List & Mooers Comments
Although the US market had one of the best starts in recent times, it gave away most of the gains at the end of last week. The Dow rose 1.53% for the week, while the S&P added 0.83%. The Nasdaq closed with a 0.06% loss.
Without further ado, let's dive into the weekly buzzing stock list of last week:
Weekly Buzz: A rollercoaster ride of stocks
1. TSLA - Buzzing Stars: ⭐⭐⭐⭐⭐
Tesla shares were trading 15.90% lower last week after CEO Elon Musk proposed to buy Twitter for the original deal price of $54.20 per share (As of Oct 07, 2022).
@Liammmn:
Tesla is about to report a huge earnings beat (expectations in the $1.4-1.5 EPS compared to consensus of $1.03), and again after Q4 ($1.6-2 EPS compared to consensus of $1.28). Perhaps he's trying to stall until Tesla rips on earnings.
Read more >>
2. AMC - Buzzing Stars: ⭐⭐⭐⭐
AMC stock plunged 6.31% last week despite AMC theatres playing Netflix movies at over 200 US locations (As of Oct 07, 2022).
@Piggy Bank Trader:
Since AMC broke under $50 ive been saying ive gone day trader on this stock. Six weeks ago when it was between 24-27, i said it was going to fall. In all this time ive taken all the crap from Apes.
Read more >>
3. AAPL - Buzzing Stars: ⭐⭐⭐⭐
Although AAPL shares were trading lower last Friday amid overall market weakness due to rising yield, AAPL gained 1.37% over the previous week (As of Oct 07, 2022).
@JC1616:
Looking at volume and knowing that huge institutions and individuals are in fear. Those middle size institutions trying to pick up, thinking to buy the dip. Nobody know the trend.
Read more >>
4. TWTR - Buzzing Stars:⭐⭐⭐⭐
Although Twitter surged after Elon Musk gave up the bot battle and committed to a $44 billion deal, it closed at a 12.18% decline last Friday (As of Oct 07, 2022).
@doctorpot1:
Twitter is a little bit different as there is a buyout offer which Elon backed out of and is pending a lawsuit. So there will probably be multiple support and resistance depending on what the market think is the likelihood of the deal to go through.
Read more >>
Weekly Buzz: A rollercoaster ride of stocks
5. NIO - Buzzing Stars: ⭐⭐⭐
NIO dived 12.75% last week even though it highlighted a new business model for Europe, allowing consumers to subscribe to an electric car rather than buy it outright (As of Oct 07, 2022).
@jake Nho:
By allowing leasing in these Western markets, it gives an absolute peace-of-mind to the westerners because if there's any quality-control issues, it goes back to NIO.
Read more >>
6. XPEV - Buzzing Stars:⭐⭐⭐
Auto & Auto component space were trading lower amid over-market weakness following better-than-expected U.S. unemployment data. XPEV dropped 17.24% over last week (As of Oct 07, 2022).
@bulls-eye:
The moment it shoot up... it will be massive. go long on this. those penny ups and downs.. should not bother you if you are a long player for this stock. |
Read more >>
7. GTII - Buzzing Stars:⭐⭐⭐
Global Tech Indutiries Group, Inc. clarified the board's decision to set a new strike price for the outstanding warrants. Its price fell 1.13% last week (As of Oct 07, 2022).
@HODLPLAYER1
Resistance where it stands now is great. Whenever it drops below that’s the toxic shortseller using all his might to prevent new investors from gaining confidence. It’s costly for the prime broker to allow the shortseller to continue this lunacy
8. IMPP - Buzzing Stars:⭐⭐⭐
Shares of energy companies were trading higher as oil prices rose ahead of the OPEC+ meeting, during which OPEC and its allies were expected to discuss supply cuts. The share price of IMPP soared 25.45% last week (As of Oct 07, 2022).
@shy Cheetah_0241:
Buy the dips and hold. this is hevely shorthed and they have to cover. they got enough of our money dont make it easy on them. we can hold and might get 0.75
Read more >>
9. FNGR - Buzzing Stars:⭐⭐⭐
FingerMotion provides mobile payment and recharges solution for Chinese telecom companies. This heavily shorted stock that short squeeze enthusiasts glommed onto last week ran up 118.99% (As of Oct 07, 2022).
@Duck Tales:
giving them shorts a fight today. let’s go!
10. MULN - Buzzing Stars:⭐⭐
MULN fell by 7.54% last week as Tesla/Twitter deal dragged down EV stocks (As of Oct 07, 2022).
@Piggy Bank Trader:
In order for MULN to ever produce a vehicle they have to have a factory. How do they get one? Buy an existing one or build one. Building one would take more money and years to complete.
Read more >>
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!
Thanks for the discussion topic that came up with @doctorpot1
How world war three might affect the market, and how can we better protect our investment?
Comment below and share your ideas!
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.
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  • Valery S : Thank you MooMoo!

  • HopeAlways : World war three if any, will no doubt increase market volatility but it will not have a long-term impact on the market as history has shown. Defense stocks often become popular because of their direct impact on such armed conflict, but demand for safe haven investments like gold and cash can also increase during such period of unrest. Taking a long-term approach to investing and staying the course, even during a war, is often the best strategy if we already have a well-diversified portfolio.

  • Syuee : WW3 may be unlike anything we have experienced before, so it is difficult to say exactly, but if we look at what happened in the Great War and WW2, we may get some idea.

    We may expect to see the following :

    - Defence stocks and stocks of companies that supply to the military, should see their stock price rise or at least go sideways, rather than falling like the vast majority of other stocks.

    - Gold and resources prices may likely go up.

    - Majority of stocks will be down heavily.

    - Stocks with exposure to countries on opposing sides may be severely down.

    - Reserve currencies ( e.g. USD and others in the SDR basket ) and bonds issued by reserve currency country should likely go up in value ?

    - Artworks and special collectables will likely lose significant value, as people may dump them on the market, in order to buy gold and other precious metals that are more useful in war time.

    The above, assumes that we aren’t all atomised by various missiles yet …

    A slight thinking of a potential WW3 can send chills around the spine. The WW3 may be brutal and could wipe out entire nations with a few bombs.

    Stock Market could be the last thing we will worry about, in the event of a WW3.

    Generally, is war good for the stock market ?

    War is truly a double-edged sword to traders / investors.

    It would usually start out with a huge plunge.

    The market dislikes uncertainty and the start of a War is practically the definition of that term. War is the most uncertain activity that humans engage upon.

    A major war usually leads to diversion of all resources to war production, something that hasn’t happened since WW2, and that would possibly lead to rationing.

    Personally, if there were a nuclear war, I think what happened to the stock market would be the very least of our worries, isn’t it ? [undefined]

    Prayers for Peace in Wartime, can be a good move too. [undefined]

  • HopeAlways Syuee : Investing in stocks that typically perform well during war, such as defense and energy stocks, as well as in safe-haven assets like gold are popular tactics to weather the risk and uncertainty that come with periods of unrest.

  • Syuee HopeAlways : In order to make the best financial decisions about how to preserve our wealth during wartime, it is essential to stay informed about the latest developments.

    We should stay updated on the political and military situation, so that we can make educated decisions.

  • 杰曼 : thanks moomoo!

  • doctorpot1 Syuee : Was worried for war since it will probably involve US and Russia this time round, 2 nuclear powers. I am wondering about the impact of value of USD and all the stocks in US market.

    I'm worried that countries may flock to other reserve currencies instead thus devaluing USD. Then with a damaged economy and a huge debt, they may have to keep printing money just to repay them as all of them are USD denominated bond, which devalue USD again. that will be bad for a lot of portfolio [undefined][undefined]

  • VCSuccess HopeAlways : The relationship between war and market outcomes is not easy to predict. However, some types of stocks, such as luxury brands and companies in the travel industry that rely on discretionary spending will typically not perform well during wartime. If the conflict is widespread like world war three, people will usually curb travel  to stay closer to home and cut unnecessary expenses.

  • Syuee doctorpot1 : Calamitous ! [undefined]

  • Milk The Cow :

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