TSLA
Tesla
-- 229.910 NVDA
NVIDIA
-- 108.701 PLTR
Palantir
-- 78.810 AAPL
Apple
-- 223.140 AMD
Advanced Micro Devices
-- 97.100 
Long Story Short, Short Week Sees All-Time Highs: Weekly Buzz
Happy Independence day mooers! Welcome back to 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!
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Weekly Buzz
It was a short week with time off from American equities trading on Wednesday and a full closed market day on Thursday to celebrate the fourth of July anniversary of U.S. Independence.
It did not stop the indexes from reaching all-time highs. The $Nasdaq Composite Index (.IXIC.US)$ gained 0.90% to close at 18,352.76, and the $S&P 500 Index (.SPX.US)$ rose 0.5%. The $Dow Jones Industrial Average (.DJI.US)$ was up 0.17%, or 67.87 points, ending at 39,375.87.
Friday’s Nonfarm payrolls were the major macroeconomic news of the week, showing payrolls rose by 206,000 and job growth in the prior two months was revised down by 111,000, the Bureau of Labor Statistics said Friday. The median forecast in a Bloomberg survey of economists called for a 190,000 increase.
The unemployment rate rose to 4.1% as more people entered the labor force, and average hourly earnings cooled.
Anyway, let's dive into the buzzing stocks this week:
@Pawtastic: my favorite stock.
@Mickey_B: it has to break the 129.2 mark
@Kanasai: pls down, i need top up with my life saving!!!
@let it squeeze: how about the afternoon run....let this girl run
@FFIETOTHEMOON: ADDING FURTHER POSITION LETS GO
@Ken Griffin Charity: The meme hype surrounding this stock sure died quickly.
@Tony Jones820: everyone's just holding and buying today
@VIVEK SURANA: Going down hill as always. Went up a couple of days due to Tesla, which lifted the whole EV sector.
@Rebel_Ming: haha they shooting up again!
@Moonwalker Moo: waiting you at $57 very soon
Thanks for reading!
* All comments, links, and content posted or shared by users of the community are the opinion of the respective authors only and do not reflect the opinions, views, or positions of Moomoo Financial Inc., Moomoo Technologies, any affiliates, or any employees of MFI, MTI or its affiliates. Please consult a qualified financial professional for your financial planning and tax situations.
Awards
Congrats to the following mooers whose comments were selected as the top comments last week!
Weekly Topic
Will this week's earnings set off another winning streak for the market? What are you watching for this Q2 results season?
Comment below and share your ideas! We will select up to 15 TOP COMMENTS for a reward next week. Winners will get 200 points by next week, with which you can exchange gifts at Reward Club.
Disclaimer:
Any app images provided are not current and any securities are shown for illustrative purposes only.
This presentation is for information and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. See this link for more information.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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102362254 : It's hard to predict if this week's earnings will kick off another winning streak for the market, but I sure hope it does. Investor sentiment and corporate earnings reports will play an important role in shaping market direction. I'm keen on Q2 results from major banks and sectors like tech and consumer goods, which often reflect broader economic health and market sentiment.
ZnWC : Thanks for the reward points![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
The earnings calls that are closely watched this week are PepsiCo, Delta Airlines, JP Morgan and Citi. I am doubtful that they will bring any rally. But what really set off another winning streak could be the coming Powell testimony and CPI data to be released soon.
Among the magnificent seven stocks, I am watching Tesla closely this week. Despite the Q2 2024 delivery being -5% YoY, the share price has risen more than 20% in 4 trading days . It was reported that short sellers had lost $3.5 billion in the first 2 trading days after the delivery results.
The company is reporting the earnings in about 2 weeks (on 23 July) and many analysts have predicted a significant drop in the earnings per share or EPS YoY due to the fierce competition for EV market share globally. Despite indicators saying the stock is overbought and a pullback is imminent, the share price continues uptrend.
The bulls think Tesla has growth potential and the stock value will increase 2-5 times once the autonomy is fully solved and Optimus in volume production. They believe that the company is more than a car maker. The bears think Tesla is losing EV market share globally. It has a high p/e ratio and EPS is declining due to price cutting. They believe Tesla is just a car making company.
mr_cashcow : I think the only way forward is to keep being optimistic and hopefully things works out so yes I definitely hope that this week's earnings will kick off another winning streak![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
I can guarantee this comment is 100% not AI generated, nothing else is guaranteed![[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")
HuatLady : I hope this week's earnings will start another good run for the market. Regardless of the outcome, my commitment remains strong to continue using my regular savings plan with Moomoo to invest in ETFs, which helps me diversify my investments. I choose not to closely monitor the market because my RSP simplifies the process and saves me valuable time. For me, investing should be a relaxed and stress-free experience, allowing me to focus on long-term goals without unnecessary worry about short-term fluctuations.![[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")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
HuatEver : If the winning streak persists, it will be great.![[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")
However, should it falters, I intend to maintain my strategy at Dollar Cost Averaging into my chosen stocks, which I plan to hold for the long term. For the Q2 earnings season, I’ll be keeping an eye on JP Morgan Chase. ![[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")
Thy GoD : Thnx for the points pookie <3
Wonder : The market has been reaching all time high unabated, when will it take a short breadth?![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
If corporate earnings are healthy and foward guidance do not fall below concensus ratings, we should see winning streaks all the way.
銭小钦 : I need to stay happy
SneakyBear : Hey mooers!
This week is crucial as big players like Delta Air Lines, JPMorgan, Citigroup, and PepsiCo release their Q2 earnings. I'm keeping a close eye on a few key factors that could set off another market rally. Here's what I'm watching:
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Consumer Spending Trends: With PepsiCo reporting, I'll be looking at consumer spending patterns. Are people still splurging on snacks and beverages despite economic concerns? A strong performance here could indicate consumer confidence.
Banking Sector Health: JPMorgan and Citigroup's earnings will be pivotal. Loan growth, interest margins, and trading revenues will give us insights into the financial sector's strength. Watch out for any surprises in their guidance.
Travel Demand: Delta Air Lines' report will shed light on the travel industry's recovery. With summer travel in full swing, any positive news here could boost related stocks and signal broader economic resilience.
Inflation and Costs: I'm curious about how these companies are managing inflationary pressures. Are they successfully passing costs to consumers, or is it hitting their margins? This will be key for predicting future earnings stability.
Overall, I’m optimistic that strong earnings could fuel another leg up for the market!!! TEAM BULL!
steady Pom pipi : The release of financial reports will lead to significant fluctuations in stock prices. Without realizing it, I found that the prices of some stocks have quietly doubled. I am looking forward to the poor performance of these companies in the second quarter, so that I can buy them at a lower price.![[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")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Taking a more aggressive approach, buy stocks that are bullish before the release of financial reports.$Tesla (TSLA.US)$ The financial reports are about to be released, and I have already positioned myself in advance, hoping to win rewards.
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