Weekly Buzz | How did you trade last week?
Hello mooers!!!
Welcome back to AU Weekly Buzz, where we review the news, performance, and community sentiment of the top ten buzzing stocks on moomoo based on search and message volumes! Comment below to answer the Weekly Topic question for a chance to win an award!
Let's dive into the buzzing stocks last week!
If you want to take a glance at the analysis of $NVIDIA (NVDA.US)$ $Apple (AAPL.US)$ $Tesla (TSLA.US)$ $Advanced Micro Devices (AMD.US)$ $Bitcoin (BTC.CC)$ $Super Micro Computer (SMCI.US)$ , please refer to this Weekly Buzz provided by @Popular on moomoo
-$BHP Group Ltd (BHP.AU)$ Buzzing Stars ⭐⭐⭐
$BHP Group Ltd(BHP.US)$ slightly dropped 0.46% and $BHP Group Ltd (BHP.AU)$ declined 2.67% last week. BHP alongside $Lundin Mining Corp(LUN.CA)$ announced their intentions on last Monday evening to collaboratively procure $Filo Corp(FIL.CA)$. The acquisition is valued at approximately 4.1 billion Canadian dollars (CAD) ($2.96 billion), translating to CAD 33 for each share of Filo. This valuation signifies a premium of roughly 32% over Filo Corp.'s 30-day volume-weighted average share price on the Toronto Stock Exchange (TSX) as of July 11. Additionally, BHP Group Ltd is reportedly looking to sell its Brazilian copper and gold assets, according to Bloomberg. Following a strategic assessment of these assets, BHP Group Ltd has reportedly engaged ANZ.US to facilitate potential sale discussions. Neither BHP Group Ltd nor Banco Santander responded to this. By the way, BHP will release its earnings report before the market open on August 27 (AEST).
mooers' insights
1) A few weeks ago KAP announced that Kazakhstan is increasing prod cost of 40% of 🌎 uranium production because they want more revenue for their country (understandable) => increases production cost for KAP and the JV partners Orano, CCJ, Uranium One, CNNC, CGN => production cost curve of uranium sector increases => seller asks a higher sell price => uranium price increases
2) uranium LT price continues to increase based on fundamentals, while uranium spotprice today is only ~5% higher than LT price
3) No back up stockpile anymore to solve 🌎primary supply deficit => significantly higher upside pressure on spotmarket in upcoming high season
@CyberMongrel: Mining stocks in Oz tanking hard, down by a whopping 2.2%! Hitting rock bottom since Nov 4 last year. Iron ore prices weak as a kitten, dragging down the sub-index for the FIFTH day straight. $BHP Group Ltd (BHP.AU)$ and $Rio Tinto Ltd (RIO.AU)$ feeling the pinch, diving 2.3% and 2.7% respectively. Ouch, looks like miners need a pick-me-up pronto!
-$Intel (INTC.US)$ Buzzing Stars ⭐⭐⭐
Intel were off more than 7% last week. Last Monday, Intel saw its big sell-off extend into a third session as the chip giant's stock fell more than 10% intraday to a 12-year low. Last Thursday, Moody's downgraded Intel's credit rating by one level in a report released, and shifted the semiconductor company's outlook from stable to negative. Although Intel still holds an investment-grade status, this demotion to a lower tier will affect its costs associated with borrowing.
mooers' insights
@Trading Rockstar: I’ve been seeing whispers about Intel for a while now, and it’s starting to sound like a chorus. It’s making me wonder, is Intel on the verge of a meltdown? 🤦♂️ And it’s got me thinking about other companies that might seem decent on the surface, but scratch beneath the veneer and you find a whole lot of trouble brewing...... Read more>>
- $Amazon (AMZN.US)$ Buzzing Stars ⭐⭐⭐
Amazon slightly dropped 0.57% last week. Cathie Wood and ARK Invest were highly active last Monday, making significant purchases across their ETFs. The top buy was Amazon, with ARK acquiring 174,498 shares worth nearly $28.1 million. Additionally, according to Reuters, UK's Antitrust Regulator started probe into Amazon's AI partnership with Anthropic.
mooers' insights
@Dex777: I want to buy it at a HEAVY discount. Its still not dropping as much as I want it to! 😭
- $Microsoft (MSFT.US)$ Buzzing Stars ⭐⭐⭐
Microsoft slightly dropped 0.60% last week. Microsoft and Palantir team up to provide AI services to US government agencies.
mooers' insights
@RetireInStyle: continue accumulating, again, in my opinion, any price <400 is a fair value. I did extra buy whenever this is happening :)
@WolfRun: The week has been a disaster especially on Monday which caused so much panic. Those with a right mind took the opportunity to buy the dip. If you are one of them, with the right stocks, you should be able the reap some handsome profit down the road. On the last day of the week, almost flat when the market started to trade. But it is good to end with small profit for me.
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The most unforgettable timing last week - for the reason that you might get a big profit or loss at that time.
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mr_cashcow : Sadly timing the market have never been a strong suit of mine![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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Maybe I should have average down on nvidia when it dropped to 92USD?
102362254 : When $Eli Lilly and Co (LLY.US)$ announced earnings last week and jumped in value, I managed to earn a modest profit. Though it wasn't much, it's a memorable gain that I appreciate. I'm content with any win, big or small, and happy for it.
Wonder : A calendar spread that costs $150 in premium on 29/7 could have resulted in a profit for the week ended 2/8 but the mkt drop after I close the short leg resulted in immense loss as the long leg wasnt closed in time...instead of just losing the premium paid. Thankfully the yoyo turned last wk ending 9/8, I managed to close long leg with profit, netting a breakeven on the spread with some kopi money. Phew!![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Is it worth taking the risk? Ehm I dunno, calculation shows 40/150×365/12=811% return over 12days of roller coaster ride!
JC7577 mr_cashcow : BUY THE DIP??
rylar : The best time to start investing was yesterday, the next best time is today.
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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Get in the market
ZnWC : Thanks for the reward points![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
I diversified my portfolio by investing in an S&P500 ETF, hence the share price volatility last week has some impact but not much. The loss is just book value.
I took a long position hence I have already taken into consideration the short term volatility risk. The important thing is to have enough emergency funds and an investment plan (exit plan). I'm not panicked but will monitor the stock closely with caution.
Yi Long Ma : The most unforgettable timing last week was timing the market. A lot of investors including me would always want to buy at the lowest but the problem with that is we won't know when is the lowest dip and when is the highest high. Although I managed to buy at the dip, that wasn't the lowest point of last week but I'm confident with the stocks that I've bought knowing that their price will rise in the near future.
cola1010 : The most unforgettable timing last week was to purchase Starbucks stock at a lower price. The stock price surged after the news of the new CEO appointment this week. The investment paid off when the stock price increased by 25% in response to this positive news from the market. The moment stands memorable since it resulted in a sizable gain, making my investment into a profitable move as the stock price went up.