Five most bought investments by moomoo clients last week
Here are the five most bought investments by moomoo clients last week, which I think will surprise you.
- The number one most traded was Tesla $Tesla(TSLA.US$ Tesla shares had risen 92% from their April low. This week they hit a 1-year high and a key technical level, we call a Fibonacci retracement level. And all this also coincides with Tesla moving the Robotaxi event from August to October. But bought into the weakness after its shares fell 8% on Thursday.
- Nvidia $NVIDIA(NVDA.US$ was the second bought stock this week; with investors taking advantage of its 5.6% pull back on Thursday, knowing it's the biggest AI beneficiary with 98% estimated revenue growth next year. Plus Nvidia and other chip makers will be in the spotlight next week with TSMC releasing quarterly earnings.
- The third most bought investment on moomoo was MicroStrategy $MicroStrategy(MSTR.US$. MSTR shares are down 27% from this year's highs and the thinking is Bitcoin and MSTR are oversold and could see increasing buying if Trump wins the election
- And the fifth most bought was ProShares UltraPro QQQ ETF $ProShares UltraPro QQQ ETF(TQQQ.US$ , that is three time leveraged to the Nasdaq-100 index.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Moomoo Official Market Strategist
Investment strategist, featured on TV, radio, newspapers.
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JACKmusk : Faster say support trump , top management of nvidia
151453268 witso : I was one click away Jess, from hooking up a single Nvidia share before the split, but i didn’t catch myself one of your big tech fish. You made perfect trade profitable sense, guess it may be the one that got away. Will just have to stick with my small speculative Aussie tech stock guess who.