Weekly Buzz: Nasdaq rises, but stocks give up gains to close brutal month
Source: GIPHY
Spoiler: At the end of this post, there is a chance for you to win points! Happy Friday, 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 this week! (Nano caps are excluded.)
Make Your Choices
💡Buzzing Stocks List & Mooers Comments
The Dow Jones Industrial Average retreated on Friday as investors followed the latest news about a potential government shutdown and ended what has been a tough month for stocks. The blue-chip average lost 158.84 points, or 0.47%, to finish at 33,507.50, led down by Travelers Companies. The S&P 500 dropped 0.27% to 4,288.05. The Nasdaq Composite traded up 0.14% to 13,219.32. The Dow and S&P 500 were higher earlier in the day as traders cheered data showing inflation may be easing. At session highs, the Dow climbed about 227 points, or 0.7%, while the S&P 500 added 0.8%. The Nasdaq Climbed had rallied 1.4% at its best point in the session. (As of September 29, 2023)
🚌 Weekly Buzz
*Note: All contents such as comments and links 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 with a qualified financial professional for your personal financial planning and tax situations.
*This list is provided for informational purposes only and is not investment advice or a recommendation of any security or investment strategy. You should not buy or sell any security on this list without first determining if it's appropriate for your portfolio or strategy by taking into account your financial situations and personal objectives. The past performance does not guarantee future results. This list only includes stocks.
📖 Anyway, let's dive into the weekly buzzing stock list of this week:
1. TSLA - Buzzing Stars: ⭐⭐⭐⭐⭐
$Tesla (TSLA.US)$ shares weekly % chg rose by 2.18% and closed at $250.22 this week. Tesla may miss estimates for third-quarter deliveries due to planned factory shutdowns and soft demand that led the automaker to boost discounts, several Wall Street analysts warned in the run-up to the report that could come as early as Sunday. Brokerages including Barclays, Baird, and Guggenheim blamed the potential weakness on downtime at the automaker's plants in Europe and China to upgrade equipment and prepare for the production of the updated Model 3 sedan and the Cybertruck. (As of Sep 29, 2023)
@SweetRide: Great news on cybertruck and Tesla semi. good opportunity
2. AVTX - Buzzing Stars: ⭐⭐⭐⭐
$Avalo Therapeutics (AVTX.US)$ shares weekly % chg rose by 6.96% to $0.1207. T2 Biosystems stock is the top-trending ticker on social media, and its shares are up over 30% today after the Food and Drug Administration (FDA) allowed the company to start marketing its biothreat panel in America.T2 Biosystems shares are frequently volatile, due in part to out-sized interest from the retail investor community. (As of Sep 29, 2023)
@Thomas oh: Hope most manage to escape without getting too much dmg.
3. AMC - Buzzing Stars: ⭐⭐⭐⭐
$AMC Entertainment (AMC.US)$ shares weekly % chg rose by 4.86% to $7.99. Citigroup Get Free Report recently reiterated its bearish outlook on AMC Entertainment-Get Free Report shares, maintaining its "underperform" rating and lowering its price target from $15.50 to $4.75 per share. This decision followed a thorough evaluation of AMC's management initiatives — particularly those regarding the company's equity offerings. Six months ago, Citigroup initiated its coverage of AMC with a "sell" rating. In his writeup, analyst Jason Bazinet focused on the movie theater chain's strategy to reduce its leverage and highlighted two narratives that continue to circulate in the aftermath of COVID-19. (As of Sep 29, 2023)
@Lmoonfmoong: This thing is about to rocket.
4. NIO - Buzzing Stars: ⭐⭐⭐⭐
$NIO Inc (NIO.US)$ shares weekly % chg rose by 5.98% to $9.04. Recent delivery results have given investors new hope for Nio's stock. Investing is a long-term game. No one really knows what is about to happen to any given stock. But after a year-long slump, Nio shares could be ready to turn the corner. Shares of the Chinese electric vehicle (EV) company already had one attempt at recovery over the summer, but speed bumps in the company's business progress cut that rally short. A look at recent production data and a strong demand environment could signal that it's time for a new rally in Nio stock. (As of Sep 29, 2023)
@bullrider_21: Nio signs strategic cooperation deal with German firm Würth.
5. AAPL - Buzzing Stars: ⭐⭐⭐
$Apple (AAPL.US)$ shares weekly % chg decreased by 2.05% to $171.21. Apple expressed concern to Chinese officials in recent months over new rules that would ban unregistered foreign apps from its App Store, according to a report from The Wall Street Journal. The new rules would prevent Apple from offering many of the apps that are currently available in the store in China. For instance, iPhone users often download and access apps such as Facebook, Instagram, YouTube and X through virtual private networks, or VPNs, despite the fact that China has blocked web access.(As of Sep 29, 2023)
@Ziet Invests: Apple Car production might take longer than expected.
6.NVDA - Buzzing Stars: ⭐⭐⭐
$NVIDIA (NVDA.US)$ shares weekly % chg rose by 4.54% to $434.99. NVDA has a trailing twelve-month Price to Earnings (PE) ratio of 100.26. The historical average of roughly 15 shows a poor value for NVDA stock as investors are paying higher share prices relative to the company's earnings. NVDA's high trailing PE ratio shows that the firm has been trading above its fair market value recently. Its trailing 12-month earnings per share (EPS) of 4.14 does not justify the stock's current price. However, trailing PE ratios do not factor in the company's projected growth rate, resulting in many newer firms having high PE ratios due to high growth potential, enticing investors despite inadequate earnings. (As of Sep 29, 2023)
@Bruski2023: Breaks under 435 today, or smokes 445 whos betting.
7. FEMY - Buzzing Stars: ⭐⭐⭐
$Femasys (FEMY.US)$ shares weekly % chg rose by 861.29% to $2.98. Femasys Inc fell Friday morning, with the stock declining -11.18% in pre-market trading to 1.35. FEMY's short-term technical score of 100 indicates that the stock has traded more bullishly over the last month than 100% of stocks on the market. In the Medical Instruments and supplies industry, which ranks 103 out of 146 industries, the stock ranks higher than 100% of stocks. Femasys Inc. has risen 245.45% over the past month, closing at $0.45 on September 1. (As of Sep 29, 2023)
@TheMetaHodler: Momentum still strong and will continue in AH and PM next week!
8. TTOO - Buzzing Stars: ⭐⭐⭐
$T2 Biosystems (TTOO.US)$ shares weekly % chg decreased by 13.03% to $0.2209. Shares of T2 Biosystems are up by over 20% today on the heels of receiving U.S. Food and Drug Administration (FDA) 510(k) clearance for its T2Biothreat Panel. The panel is a direct-from-blood molecular diagnostic test that has the ability to simultaneously detect six biothreat pathogens. “The T2Biothreat Panel is the first and only FDA-cleared product able to simultaneously detect these six high-priority biothreat pathogens, and the only FDA-cleared multi-target biothreat product developed and manufactured by a U.S.-owned company,” said T2. (As of Sep 29, 2023)
@Ripper: HUGE Rebound setup.
9. BNOX - Buzzing Stars: ⭐⭐⭐
$Bionomics (BNOX.US)$ shares weekly % chg rose by 152.34% to $2.7. Bionomics Limited, a clinical-stage Australian biotechnology company, announced positive top-line results from its mid-stage study of BNC210 for the treatment of Post-Traumatic Stress Disorder (PTSD). BNC210 is Bionomics’ negative allosteric modulator of the α7 nicotinic acetylcholine receptor (nAChR), which is currently being evaluated in separate mid-stage studies for the treatment of Social Anxiety Disorder (SAD) and PTSD. (As of Sep 29, 2023)
@entertainment family: Buying dip ar 3.8...took profit at 4.5.
10. RNAZ - Buzzing Stars: ⭐⭐
$Transcode Therapeutics (RNAZ.US)$ shares weekly % chg decreased by 24.29% to $0.503. TransCode Therapeutics Inc is an RNA oncology company. It is created to defeat the cancer through the intelligent design and effective delivery of RNA therapeutics. The company's lead therapeutic candidate, TTX-MC138, is focused on treating metastatic cancer, which has the potential to produce regression without recurrence in a range of cancers, including breast, pancreatic, ovarian and colon cancer, glioblastomas and others. (As of Sep 29, 2023)
@102270433: Came back to buy again at $0.5111, keep for long.
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! @HuatLady @HuatEver @bindian @PassiveLearner @cola1010 @ZnWC @104140241 @102362254 @Leon Singapore @Biff @Meme_Short_Queen
📮 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!
Are you more inclined toward short-term or long-term investments, and why?
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:
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.
Read more
Comment
Sign in to post a comment
71773790 : easy choice
Neo999 : I prefer long-term investment strategy because it creates a stable portfolio over a long period of time to generate higher returns. Instead of trading shares based on stock market timing, I buy stocks and hold onto them despite any market fluctuation.
I have both active and passive strategies:
1. Active investing relies on real-time market pricing; sell my shares when stock prices are high and buy new shares when prices are low.
2. Passive investing strategy requires patience and selectivity and can outperform active investing over time.
102362254 : I like short-term investments because they can bring in quick returns by jumping on market ups and downs. And I can tweak my portfolio more often, staying nimble when the market flips.
HK J : I prefer long-term investing as I do not need to keep on tracking real time market price. Stocks with good fundamentals will outperform in the long horizon
PassiveLearner : I'm an income investor for the longer term, building my passive portfolio slowly and steadily as the companies that I have invested grows so does the dividends amount over a longer time period.
I have plans for the next 5 years and working excitingly towards my own personal goal!
nevertheless Thank you very much for the Points!
ZnWC : Are you more inclined toward short-term or long-term investments, and why?
Both.
Long term investment
I take long position for stocks of companies with strong fundamental. It may be for the growth potential or for dividends. For long term investment, your assets may lose in book value due volatility risk. This is most likely during a bear market hence it is important to dyodd before investing and prepare emergency fund. To avoid emotional trading such as panic selling and FOMO buy, long term investment needs to follow strict investment plan with clear P/L objective and stop loss plan.
To diversify my long term investment, I may invest in ETF of a particular sector that I'm interested in e.g. artificial intelligence or VR/AR. By using Moomoo's Industrial Chain feature, I can research on ETF based on sector.
Short term investment
I don't like timing the market hence short term swing trade is not for me. However I did options trading with calculated risk. One such example is long spread covered call. Note that before open an option trade, one should map out all possible risks, study market sentiments and research on the company's fundamental. It will help if you can forecast the price trend using technical analysis indicators. Options can be risky if you trade without knowing the risk. It is gambling if you trade options based on luck.
Bottom line
I also invest in low risk assets such as Moomoo's cash plus funds. Although the return is small, such investment provides a consistent amount of passive income and leverage for my options trading.
止盈止损 Neo999 : This also depends on market demand
kanezskrillix 71773790 : im relatively new at this so im going with blue. lbvs
HuatEver : Warren Buffett once said,”If you aren’t willing to own a stock for ten years, don’t even think about owning it at it for ten minutes.”Wise of our Master to adopt this mindset as it is definitely less risky and time consuming.
cola1010 : I will go for later long-term investments as they have the potential for higher returns and allow for compounding over time, which can lead to greater wealth accumulation. Long-term investments entail investing money into items like stocks, bonds, real estate, or retirement accounts with the purpose of retaining it for a long time. Long-term investing is about patience and consistent growth rather than trying to forecast short-term market fluctuations.
View more comments...