TSLA
Tesla
-- 421.060 PLTR
Palantir
-- 80.550 NVDA
NVIDIA
-- 134.700 AMD
Advanced Micro Devices
-- 119.210 OXY
Occidental Petroleum
-- 47.130 
Weekly Buzz: Stock market just passed recession test
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.)
Make Your Choices
Buzzing Stocks List & Mooers Comments
US markets jumped this last week on some prominent quarterly earnings reports and hints that the US Central Bank might moderate its pace of interest rate hikes. Last week, the Dow Jones rose 4.89%, S&P 500 gained 4.74%, while Nasdaq ended 5.46% higher (As of Oct 21, 2022).
Without further ado, let's dive into the weekly buzzing stock list of last week:
1. TSLA - Buzzing Stars: ⭐⭐⭐⭐⭐
Tesla reported that Q3 total production increased 54% YoY, and total deliveries decreased 34% YoY. Tesla shares were trading 4.61% higher over the past week amid the overall market strength (As of Oct 21, 2022).
@Asphen
- Assuming FED pivot sustaining, double bottom in formation?
- Neckline at 231
- 2x head/neckline would mean target at 255 (back to another key level!)
- Baby steps first, need to break 219 (which was the 2x play out of the previous double top)
Read more >>
2. SPY - Buzzing Stars: ⭐⭐⭐⭐
The price of SPY gained 4.66% last week as Wall Street analysts expected earning for the S&P 500 to increase 8% during 2023 (As of Oct 21, 2022).
@MarketMatt Channel
The spy rejected 371 two times I do believe it will break through, and when it does I believe 374 or 375 will be in clay, that doesn’t mean we will see it today, just be ready for it, there’s a lot of bad news already baked in this market
Read more >>
3. AMC - Buzzing Stars: ⭐⭐⭐⭐
AMC Entertainment added US$134m to its market cap in the past 7 days, its share price up 8.17% last week, though shareholders have been down 76% this year (As of Oct 21, 2022).
@BigJoey:
Movies are constantly coming out, people will always buy popcorn, and theyll need a drink to go with it. I want a piece of that in the form of stocks.
Read more >>
4. MULN - Buzzing Stars:⭐⭐⭐⭐
The shares of MULN soared 62.67% last week after it gained court approval to buy ELMS's assets out of bankruptcy. Moreover, Mullen appointed John Schwegman as CCO (As of Oct 21, 2022).
@Aggie 63:
I’m holding on Mullen I think they’ll be big down the road. Just have to be patient, lets make some money !!!
5. AAPL - Buzzing Stars: ⭐⭐⭐
Apple announced Fitness+ was coming to iPhones starting this week. Its shares soared 6.42% over the past week (As of Oct 21, 2022).
@Asphen:
- AAPL (similarly to SPY) has closed Friday at a key level
- Significance is it has a weak bear structure above Friday close to 155.
- So, continued "FED pivot" expectations next week could well move AAPL to 155 via a small "squeeze"
Read more >>
6. NFLX - Buzzing Stars:⭐⭐⭐
Netflix reported better-than-expected Q3 results with $793 billion in revenue, up 5.9% YoY, leading a 25.90% soar on its share last week (As of Oct 21, 2022).
@ZnWC
The key to current video streaming industry is still video content which is the main reason people are still paying for the subscription. NFLX has the advantage compared to its competitors.
Read more >>
7. QQQ - Buzzing Stars:⭐⭐⭐
The price of QQQ rose 5.63% last week, followed by a WSJ report suggesting the Fed may be debating the size of a future rate hike (As of Oct 21, 2022).
@somebodylegend
The US Conference Board Leading Index takes the 10 most effective forward-leading indicators and aggregates them into an index
Read more >>
8. NIO - Buzzing Stars:⭐⭐⭐
NIO shares declined 4.6% over the past week despite it was considering oferring a buy option in Europe (As of Oct 21, 2022).
@Frank_Gu:
It is estimated that it will fall to single digits soon. We have no choice but to continue shorting.
9. SQQQ - Buzzing Stars:⭐⭐⭐
The price of QQQ dropped 16% last week on what proved to be an all-around favorable trading session for the stock market (As of Oct 21, 2022).
@Cow Moo-ney
Everytime bulls pop their heads out of the water, bears will push them down again. Rallies have not been sustainable, and bears have been dominating.
Read more >>
10. XPEV - Buzzing Stars:⭐⭐
XPeng was starting to warm up for 1024 Tech Day, while its shares fell 2.98% last week (as of Oct 21, 2022).
@70882358:
The stock has a little investment value only at a valuatoin of around 6 billion, and now has a market capitalization of 69.73. It's up to you to deceide whether to sell or not.
Thanks for your reading!![]()
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 topic that came up with @UNeverSleppWell：
Thanks for the topic that came up with @UNeverSleppWell：
How do you increase your disposable income/cash beyond your monthly salary?
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.
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.
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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Popular on moomoo OP :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Time to be rewarded for your great insights and knowledge:
How do you increase your disposable income/cash beyond your monthly salary?
HopeAlways : Dividend stocks are stocks that make regular distributions to their shareholders, usually in the form of cash payments. To increase our disposable income, dividend stocks can be useful sources, especially those with good and stable dividend payout. Focus on finding companies with excellent businesses, stable income streams and preferably strong dividend track records. The long term will take care of itself.
HuatEver HopeAlways : We can certainly rely on stocks that can guarantee excellent dividends like $Coca-Cola Consolidated (COKE.US)$, $Apple (AAPL.US)$ and $Bank of America (BAC.US)$ because these companies have long demonstrated momentum dividends track records.
Syuee : Saving money does not increase our disposable income. It only increases our account balance.
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
The best way to increase our disposable income is by spending less. Cutting costs where possible is also a great strategy.
One possible way to achieve this goal is to build a profitable business on the side. Be it small or big.
We often hear other people’s success stories, but what we didn’t know is, they actually put in a lot of time and hard work into making it a success.
Investing is another excellent avenue that can help us earn passive disposable income.
This includes stocks, options, bonds, and real estate. However, if you’re looking to quickly increase your disposable income, this is probably not your best bet.
Investing is a long game that may or may not see big returns, so you’ll need to be patient, if you go this route.
Increase your income with a side gig - even a few hours per week can enhance our income.
Increase our cash flow with a budget refresh : look at all non-essential expenditures.
A combination of side income plus lower spending could really enhance our disposable cash.
Investing some or all of those added dollars could actually change the trajectory of our retirement outlook.
No matter what we choose to do, the most important thing is that we have to overcome all our limiting beliefs and start taking action to work toward our goals.
VCSuccess HopeAlways : Dividend investing can be a great investment strategy. Dividend stocks have historically outperformed the $S&P 500 Index (.SPX.US)$ with less volatility. That's because dividend stocks provide two sources of return, from regular income from dividend payments and capital appreciation of the stock price. This total return can add up over time.
Syuee HopeAlways : Making passive income is one of the keys to becoming financially independent.
Once our income from passive pursuits exceeds our expenses, one no longer have to actively work to make money.
Yes. One way to accelerate our financial independence is to invest in dividend with an above-average yielding dividend, that can steadily grow in the coming years.
HopeAlways Syuee : Investing is a long game. Whether we want to invest to grow our savings or for retirement, when we put money to work in markets, it's best to set it and forget it.
Revelation 6 : Drink more water and less soda. A good water purifier will pay for it's self in no time. Use coupons and don’t shop for groceries at the gas station. Take your lunch to work with you everyday. Stop eating out so much. No more $6. cups of coffee from Starbucks, make your own. Quit trying to keep up with the image. You don‘t have to own the last IPhone, nicest car or the biggest house on the block. When you start saving money and not living paycheck to paycheck you enter in to a cash position and don’t have to borrow so much money leaving you more disposable income. There are many more ways, I have just scratched the surface. Good luck because it’s easier said than done.
HuatEver Syuee : One excellent strategy to park our spare![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
is to invest in real estate 
or to acquire gold as these are the two safe haven investments that hardly depreciate in value even during recession threats. ![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Milk The Cow :
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