Weekly Buzz: Fed's rate hike wiped out stock market gains
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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
All the major indices closed last week with losses after the Fed's rate hike. The S&P and NASDAQ tumbled 3.35% and 5.65%, respectively, to break their two-week winning streaks (As of Nov 04, 2022).
Without further ado, let's dive into the weekly buzzing stock list of last week:
1. TSLA - Buzzing Stars: ⭐⭐⭐⭐⭐
Tesla shares were trading 9.21% lower last week in possible reaction to concerns over Elon Musk's recent Twitter acquisition. The social media company has begun layoffs, while the acquisition has also raised questions over the potential impact on Musk's Tesla commitments (As of Nov 04, 2022).
@Asphen
- It is now the resistance zone going up.
- It needs to break 232/240.
- If it continues to fail, it will break down equal flag pole to 150.
Read more >>
2. AAPL - Buzzing Stars: ⭐⭐⭐⭐
Apple shares dropped 11% last week after it reportedly paused hiring. The stock might also be down on possible continued weakness after Qualcomm recently gave a bearish smartphone outlook (As of Nov 04, 2022).
@70887544
Continue to observe to see if Ma5 can effectively turn the corner to break through, and the stock price stands firm Ma5 continues the upward trend. The only problem is that there is no volume at the bottom, only the volume pulled up in late trading.
3. AMC - Buzzing Stars: ⭐⭐⭐⭐
According to Benzinga Pro, AMC was expected to report a third-quarter net loss of 24 cents per share on quarterly revenue of $961.09 million. The share price of AMC dipped 13.21% last week (As of Nov 24, 2022).
4. SPY - Buzzing Stars:⭐⭐⭐⭐
The price of SPY closed at $ 376.530 with a weekly decline of 3.26% (As of Nov o4, 2022).
@70887544
Most likely to continue the downward trend, because MACD dead for downward, KDJ also has a dead fork downward trend.
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5. MULN - Buzzing Stars: ⭐⭐⭐
Mullen eliminated about $13 million in debt following conversion. Mullen shares plummeted more than 45% over the past week amid a broadly weaker market (As of Nov 04, 2022).
@顶风买菜真难啊
Heavy position, average price of 0.288, please be more beautiful next week.
6. META - Buzzing Stars:⭐⭐⭐
After Musk's mass Twitter layoffs, Zuckerberg reportedly planned similar cuts at Meta this week. Its share price dropped 8.48% over the past week (As of Nov 04, 2022).
@tertm141
New 52 weeks low again.
7. AMZN - Buzzing Stars:⭐⭐⭐
The shares of Amazon plunged 12.02% last week amid the market turmoil and concerns over how inflation and fast-rising interest rates might hurt the e-commerce giant's customer base (As of Nov 04, 2022).
@Aiden Lim
There will never be a good time to time the market or how low a stock will run. Most certainly there are other things you can do with the stocks at this price point.
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8. QQQ - Buzzing Stars:⭐⭐⭐
The price of QQQ closed at $264.680 with a weekly decline of 5.88% (As of Nov o4, 2022).
@zcole1101
I don't care what the media is telling you, this is a great time to buy equities.
9. SQQQ - Buzzing Stars:⭐⭐⭐
The price of SQQQ closed at $59.550 with a weekly growth of 18.67% (As of Nov o4, 2022).
@102086723
One moment down one moment up... Not easy to guess which direction it's going.
10. NIO - Buzzing Stars:⭐⭐
NIO shares soared 20.54% last week after it reported it delivered 10,059 vehicles in October 2022, increasing by 174.3% year-over-year (As of Nov 04, 2022).
@Ah k
I am more on the optimistic side game. Some say it is waiting to break $13 later go higher...else it might fall back to $8.
Read more >>
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!
"Thanksgiving meal preps, thinking about family, and the positives to maybe a tough year for some."
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.
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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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: "Thanksgiving meal preps, thinking about family, and the positives to maybe a tough year for some."
HopeAlways : 2022 has reminded us that the world is unpredictable and that uncertainty is part of life. Accepting this and ensuring our investments align with our risk tolerance will make investing a less stressful and more rewarding experience. Any investment decisions during these challenging times should be made within the context of our overall financial situation. Market volatility can lead to impulsive decisions driven by fear or greed. When in doubt, pause and remember that smart investing is strategic and planned. There is no need to rush.
Syuee : My family is too scattered geographically to count on a Thanksgiving Day gathering.
![[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")
I like my Thanksgiving gathering to be small. And full of people I love and cherish dearly.
Yearly, I have attempted to make flaky pie pastry, properly roast a turkey, and how to generate great gravy from pan drippings.
Personally, Thanksgiving is a low key, relaxing and food-filled family celebration.
My family serves stuffed acorn squash, mashed potatoes with cranberry gravy, baked sweet potatoes, my favourite baked apples and a fresh roast pumpkin pie.
We also make a turkey for those who expect turkey and a stuffing casserole with traditional oyster stuffing.
Usually, I will wake up before dawn on the day after Thanksgiving to go shopping with my friends. That’s Black Friday.
I feel like one of the best ways to spend Thanksgiving is to serve others as well.
There are usually a lot of local places to help serve, through churches, food banks, pet shelters, etc … This shall be a more meaningful way to spend this special holiday.
Spending the day with our family, close friends and having a wonderful time every Thanksgiving is truly a gift from above.
Happy Thanksgiving everyone !
Syuee HopeAlways : To guard against uncertainty, we can be more selective about our investment exposures.
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Look beyond the obvious and explore something different to build a stronger, more diverse portfolio.
Sometimes, we need that risk to beget returns : some of the riskiest investments have a chance to capture the highest rewards.
HopeAlways Syuee : Thanksgiving is about much more than just stuffing our faces and enjoying a paid holiday. Thanksgiving is a time where we are reminded to give thanks to the people around us that make our lives worth living. It is about gratitude, and this once-a-year holiday reminds us how good it is really to be grateful for the things we have.
WickedLove : As for the Thanks Giving season, it's hard this year to be thankful. I have lost the last of my family this past two years, became houseless and my health has gone to... a better place it seems. even still I am thankful for my son. hopefully we will be able to make our favorite part of turkey day food... Pie.
Hope everyone has a great Thanksgiving and a very Merry Christmas, and Happy holidays.
VCSuccess HopeAlways : As investors, we also have things to be thankful for. Investing can sometimes seem like an arduous and seemingly thankless process but if we dig beneath the surface, there are many things we can be thankful on Thanksgiving.
HuatLady Syuee : In the past 2 years, most of us have unfortunately missed our traditional Thanksgiving gatherings caused by the Coronavirus pandemic constraints. I am extremely thankful that I will be sharing this annual meal with my beloved family this year. I look forward to planning and preparing a memorable meal with them. In actual fact we don't spend too lavishly on a grand meal, but we will truly find the food appetising. Thanks to the ambience of our unconditional love and closely knitted bonding, we will definitely be gifted with the full voltage of boundless Joys and Blessings. For this I am eternally grateful.
HuatEver HopeAlways : Have to applaud you for your positive mindset to take full control of the volatile market and accept such unpredictable situations as challenges![[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")
. Smart investing should be stress free and this is one great strategy to learn from. ![[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")
George Newberry45 : I belive holiday s are fir doing the things you love with the ones you love take the day off relax and injoy peace love and good food the little things in life are always the most inportent
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