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Dear moomooers! ![]()
In an effort to promote the understanding of future contracts and strategies for trading, moomoo held the first US Stock Paper Trading Competition ("The Competition") during July this year.
The Competition concluded successfully and was well received with more than 27,000 users joining the challenge. Each participant received a virtual participation fund of USD 200,000 to test their investment strategies, amongst which half of the participants successfully made a virtual profit, with some achieving total P/L of 128.97%.
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In an effort to promote the understanding of future contracts and strategies for trading, moomoo held the first US Stock Paper Trading Competition ("The Competition") during July this year.
The Competition concluded successfully and was well received with more than 27,000 users joining the challenge. Each participant received a virtual participation fund of USD 200,000 to test their investment strategies, amongst which half of the participants successfully made a virtual profit, with some achieving total P/L of 128.97%.
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Overall sweeper activity started mixed on Monday with buyers predominantly focused on $Apple (AAPL.US)$, but activity started to pick up significantly as the indices bottomed and volatility began to roll over. No noticeable sector rotation out there on Monday aside from just more "defensive" positioning with a focus on Healthcare, Pharma, and utility plays.
Flow also included speculative action in a few weekly plays, $Apple (AAPL.US)$
Flow also included speculative action in a few weekly plays, $Apple (AAPL.US)$
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Weekly market recap
For the week, $S&P 500 Index (.SPX.US)$was up 1.57%; the $Dow Jones Industrial Average (.DJI.US)$is headed for a weekly rise of 0.78%, while the $Nasdaq Composite Index (.IXIC.US)$is looking at a weekly gain of 1.11%.
The Labor Department Friday showed the U.S. economy added 943,000 jobs in July. Economists expected 845,000 new jobs last month, according to Dow Jones estimates. The unemployment rate dropped to 5.4%, below the expectation of 5.7%.
"You saw a lot more jobs being created in those areas that are reopening — restaurants, hotels, logistics, transportation," Raymond James Chief Investment Officer Larry Adam said. "That's a good sign. I think that puts more spending power behind the consumer going forward and I think that that’s ultimately a good thing for the economy."
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For the week, $S&P 500 Index (.SPX.US)$was up 1.57%; the $Dow Jones Industrial Average (.DJI.US)$is headed for a weekly rise of 0.78%, while the $Nasdaq Composite Index (.IXIC.US)$is looking at a weekly gain of 1.11%.
The Labor Department Friday showed the U.S. economy added 943,000 jobs in July. Economists expected 845,000 new jobs last month, according to Dow Jones estimates. The unemployment rate dropped to 5.4%, below the expectation of 5.7%.
"You saw a lot more jobs being created in those areas that are reopening — restaurants, hotels, logistics, transportation," Raymond James Chief Investment Officer Larry Adam said. "That's a good sign. I think that puts more spending power behind the consumer going forward and I think that that’s ultimately a good thing for the economy."
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NIO Q2 2021 Earnings Conference Call is scheduled on Aug 11 at 9:00 PM EDT/Aug 12 at 9:00 am SGT. Subscribe to join the live earnings conference.
Revenue and Net Income
Under the previous Income Statement, NIO's Q1 2021 revenue was RMB 7.98 billion (USD 1.23) billion, up 482% YoY. The net loss of NIO in Q1 was RMB 451.05 (USD 69.7)million, showinga positive trend of loss reduction.
In Q2, NIO delivered a total of 21,896 vehicles, a111% YoY increase. In H1 2021, NIO delivered 41,956 vehicles,equal to 95.9% of that of 2020 full-year.
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Revenue and Net Income
Under the previous Income Statement, NIO's Q1 2021 revenue was RMB 7.98 billion (USD 1.23) billion, up 482% YoY. The net loss of NIO in Q1 was RMB 451.05 (USD 69.7)million, showinga positive trend of loss reduction.
In Q2, NIO delivered a total of 21,896 vehicles, a111% YoY increase. In H1 2021, NIO delivered 41,956 vehicles,equal to 95.9% of that of 2020 full-year.
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NIO Q2 2021 Earnings Conference Call
Aug 12 09:00
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Hey moomooers, Here is the latest Market Recap for you.
U.S. stocks fell aggressively Monday on concern a rebound in Covid cases would slow global economic growth.
Stocks to watch: $Delta Air Lines (DAL.US)$, $United Airlines (UAL.US)$, $American Airlines (AAL.US)$, $Boeing (BA.US)$ $Carnival (CCL.US)$, $Norwegian Cruise (NCLH.US)$ and so on.
Market Snapshot
U.S. stocks fell aggressively Monday on concern a rebound in Covid...
U.S. stocks fell aggressively Monday on concern a rebound in Covid cases would slow global economic growth.
Stocks to watch: $Delta Air Lines (DAL.US)$, $United Airlines (UAL.US)$, $American Airlines (AAL.US)$, $Boeing (BA.US)$ $Carnival (CCL.US)$, $Norwegian Cruise (NCLH.US)$ and so on.
Market Snapshot
U.S. stocks fell aggressively Monday on concern a rebound in Covid...
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Dear mooers
Thank you so much for participating in the first season of the US Stock Paper Trading Competition held by moomoo.
![]()
Here we are excited to annouce ourTOP5 tradersof last week!
@MrMarketWin
@wzhoa
@stevensky
@babytart
@90后冲上云霄
![]()
![]()
Congratualations for all of you five!
Another surprising news:
![]()
We have a Themed Gifts for our Top5 traders!![]()
Screencut this table above to Message our Customer Services and provide your address, recipients and phone number.
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Thank you so much for participating in the first season of the US Stock Paper Trading Competition held by moomoo.
@MrMarketWin
@wzhoa
@stevensky
@babytart
@90后冲上云霄
Another surprising news:
Screencut this table above to Message our Customer Services and provide your address, recipients and phone number.
...
![[US Stock Paper Trading Comepetition Spotlight]TOP5 Traders receive Gifts!](https://sgsnsimg.moomoo.com/7696475176600876625.png/thumb)
![[US Stock Paper Trading Comepetition Spotlight]TOP5 Traders receive Gifts!](https://sgsnsimg.moomoo.com/5049265164270242077.png/thumb)
![[US Stock Paper Trading Comepetition Spotlight]TOP5 Traders receive Gifts!](https://sgsnsimg.moomoo.com/184485953550112142.png/thumb)
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Today, we are going to explain TOP 10 most frequently asked questions below
About the US Stock Paper Trading Competition:
Question1: What is Paper Trading? Does it related to real money?
Answer: Nope, is a simulated trade to practice buying and selling without risking real money, it aims to educate investors and make you feel comfortable to trade.
COME AND HAVE FUN
before 20th of July.
Question 2: What the SGD8888 Cash Co...
![[Q&A]Most frenquency asked 10 questions](https://sgsnsimg.moomoo.com/3872372398992919170.png/thumb)
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