Weekly Buzz: A volatile week with a flat end
Spoiler:
At the end of this post, there is a chance for you to win points!
Hi mooers! Good to see you guys again in the new episode of Weekly Buzz! I hope you all have had a nice and relaxing three day break from the markets.
Last week, the S&P 500 ended 0.28% lower and NASDAQ index 0.59% higher respectively. (As of Feb 21, 2023)
Some investors are eyeing several earning reports to come out this week. The online conference calls for $NVIDIA (NVDA.US)$, $Lucid Group (LCID.US)$, $Grab Holdings (GRAB.US)$, and $Alibaba (BABA.US)$ will go live in the Moo community.
Some investors are eyeing several earning reports to come out this week. The online conference calls for $NVIDIA (NVDA.US)$, $Lucid Group (LCID.US)$, $Grab Holdings (GRAB.US)$, and $Alibaba (BABA.US)$ will go live in the Moo community.
Make Your Choices
Anyway, let's dive into the weekly buzzing stock list of last week:
Buzzing Stocks List & Mooers Comments
1. TSLA - Buzzing Stars: ⭐⭐⭐⭐⭐
Tesla's share price was up 5.8% to 208.31 last week. The company will open part of its proprietary supercharger network to other kinds of vehicles for the first time, the White House said Wednesday. The move qualifies the company for a share of billions of federal dollars on offer to build a national network of electric-vehicle chargers. (As of Feb 21, 2023).
@Rui Ming: $Tesla (TSLA.US)$ Broke above $210 resistance!
2. AMC - Buzzing Stars: ⭐⭐⭐⭐
AMC stock price gained around 6.94% last week. Its share price slipped below 20, 50, 100 and 200-days Daily Moving Average. Analysts believe that if AMC stock sustains above $3.78 level in the demand zone, then it might revert back with a bullish rally. (As of Feb 21, 2023).
3. AAPL - Buzzing Stars: ⭐⭐⭐⭐
Share of iPhone maker Apple rose slightly to 152.55 last week. Warren Buffett's Berkshire boosted its holdings in Apple last quarter. Added some 333,856 shares of Apple in the quarter, for a total of more than 895 million shares. (As of Feb 21, 2023).
@美投讲美股: What’s Behind Apple’s “Secret Layoff” Plan?
4. BBBY - Buzzing Stars:⭐⭐⭐⭐
Share of BBBY remains a downward trend and dropped -22.98% in total last week. This has lagged behind the Retail-Wholesale sector's loss and the S&P 500's gain in that time. (As of Feb 21, 2023).
@Ripper1986: Watch this… just trying to shine some attention on the VIX/volatility. To understand how the market moves you really need a good understanding of volatility, how it affects stocks. VOLATILITY PLAY
5. PLTR - Buzzing Stars: ⭐⭐⭐
PLTR stock climbed 22.5% as government sales drove its earnings beat. In its latest earnings report, revenues jumped about 18% year-over-year to $508.62 million. That was ahead of expectations by $3.64 million. (As of Feb 21, 2023).
@Flord: Palantir Q4 FY22:
6. NVDA - Buzzing Stars:⭐⭐⭐
Nvidia's stock price rose after Bank of America raised its price target on the company to $255 per share from $215 and said it is well-positioned to lead the "AI arms-race last Tuesday. Its focus has gradually evolved from PC graphics to artificial intelligence. (As of Feb 21, 2023).
@Aydin Yilmaz: tomorrow is a hunting day $NVIDIA (NVDA.US)$
7. MSFT - Buzzing Stars:⭐⭐⭐
Shares of Microsoft slipped last week, falling 1.67%. Multiple reports are now flowing in, warning that the company's new ChatGPT-powered Bing search engine may be "breaking down" and appears increasingly "unhinged" (As of Feb 21, 2023).
@Arigato Investor: Will ChatPPT propel the valuation of Microsoft forward?
8. MULN - Buzzing Stars:⭐⭐⭐
BlackRock has disclosed purchasing 137,059 shares of Mullen Automotive stock during the fourth quarter.
However, its stock price collapsed 26.7% last week as a prominent reading of inflation came in hot. (As of Feb 21, 2023).
9. NIO - Buzzing Stars:⭐⭐⭐
Investors are concerned that geopolitical tensions may be a threat to NIO's stock price. Share of the EV maker moved down 1.16% last week. (As of Feb 21, 2023).
@EV Admirer: If you believe it is too late to buy Tesla stock look at these 4 S-Curves.
10. GOOGL - Buzzing Stars:⭐⭐
Google's stocks were down 0.23% last week after the demonstration of its Bard AI chatbot. However, as several analysts have noted, Alphabet has more advanced AI than ChatGPT but has chosen not to release it yet. (As of Feb 21, 2023).
@Rizzu: The Bing vs google chatGPT situation shows signs that an AI bubble could happen somewhere down the line
Thanks for 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!
Do you trade on earnings reports? Why or why not?
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.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Woonsc : No, it’s like a gambling, I prefer to trade away from it
RIPPER : Why do I find it very hard to believe stocks like AAPL, GOOGL, MSFT and NVDA are LEGITIMATELY the most searched and talked about stocks …..not just last week, but every week as they always make the list. You sure it’s not a part of a paid advertisement?
This stuff annoys the hell out of me ……cannot stand liars.
RIPPER : Something tells me 85% of topics (ESPECIALLY the upvoted COMMENTS regarding these) are ….in so many words, artificial
Syuee : Earning season is the most volatile day, as investors are informed how well the companies are doing.
The better approach to trade on earnings report is to trade incrementally.
If the report looks solid and TA are good, take an initial position but then stay patient and wait for a second or third buy point to develop.
When investing during earning seasons, the news may not be as rosy as it seems to be, my view is that this moment is typically for the short-term trader.
If you are a long-term investor, it is probably best to leave the earning season trading to others, and focus on long-term holdings in rock-solid firms.
#TraderOrInvestor
HopeAlways : Stocks often leap and dive more quickly than usual in the lead-up to earnings and right after the news. This can mean more potential opportunity but also volatility risk that some might rather avoid.
HopeAlways Syuee : The first thing to consider before trading on earnings reports is whether one can stomach the associated risks.
VCSuccess HopeAlways : For many traders and long-term investors, it can sometimes be better to stay away from the ebbs and flows of earnings season and wait until the dust settles.
Syuee HopeAlways : The choice about whether to trade earnings report should match our trading / investing objectives, risk appetite and financial goals.
meruson : merci beaucoup
no, i do not trade on earnings reports. i apply automatic investment system where you add shares at each 10% drop or at support zones if you know technical analysis. this way you conserve your capital while the stock is strongly downtrending. do take profit at 10% intervals or at resistance zones if you know technical analysis. this way you have capital to buy the dip. only applies to stocks in an index or warren buffett would approve. forward guidance is the catalyst that moves stock prices. earnings report is the past. bon courage.
EYSY : I usually don't trade near earnings report date as it's the most volatile period especially on earnings report day where the stock price usually gaps up or down. Sometimes, the stock price movement is irrational on earnings report day.
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