Lucid shares sink 10% on Q1 results: ‘LCID is a zombie stock’
Lucid shares down on vague outlook
The EV stock is being hit also because the management turned a bit vague in terms of production outlook.
Lucid now expects to make more than 10,000 vehicles this year. Its previous guidance was for 10,000 to 14,000. Still, CFO Sherry House said in the earnings press release :
Our mission and optimism are unchanged. We’re committed to an env...

Although food prices rise 11.4% over the past one year, with egg price up 39.8%, flour up 23.3% and even milk up 17% (*1, *2), it does not stop the U.S. economy from getting stronger.
Also, the unemployment rate went down to 3.5% in Sep 2022 and payrolls rise by 263,000, beating the average estimates of 250,000 (*3).
Besides higher food inflation and low unemployment, U.S. also sees private payrolls rose by 208,000, better than the 200,000 forecas...

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Happy Monday, 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 last week! (Nano caps are excluded.)
Part Ⅰ: Make Your Choices
Part Ⅱ: Buzzing Stocks List & Mooers Comments
Three major indices moved downward, Russell 2000 Index decreased 1....

Chewy jumps on surprised Q1 2022 earnings beat
Chewy’s share price sky-rocketed around 20% after-hours following the company’s Q1 2022 results. Chewy, which was founded in 2011 at Florida, is the preeminent online retailer for pet products, supplies, and prescriptions. Currently, Chewy has 20.6M active customers around the US.
Q1 2022 Financial Highlights:
● Net sales of $2.43 billion, an increase of 13.7% YoY.
● Net income of $18.5 million, including share-ba...

Hi, mooers!
Ready for another big meal for the mind? Scroll down and get your mind full. As mentioned in previous posts, it is risky to use only one indicator to analyze the entry or exit points. The PSY (psychological line) indicator is no exception.
If you only used the PSY indicator, you could miss out on opportunities. Therefore, we need to consider it with other technical indicators to make the entry or exit decisions. Now, follow me and find out how...