Feels the stock may not go up because of supplu chain disruptions.
I think the volatility is expected to continue for the next few months.
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- How could moomoo empower your trading?
Before getting into the subject, let's play a guessing game.
An online brokerage company has soared 24.2% on Tuesday March 29, 2022. Is your answer on the tip of your tongue?
Yes, it's $Robinhood (HOOD.US)$, and its rally has been fueled by news that it will extend its trading hours for another four hours from 7am to 8 pm. ET.
Until Tuesday, Robinhood offered trading 30 minutes before the open and tw...
Before getting into the subject, let's play a guessing game.
An online brokerage company has soared 24.2% on Tuesday March 29, 2022. Is your answer on the tip of your tongue?
Yes, it's $Robinhood (HOOD.US)$, and its rally has been fueled by news that it will extend its trading hours for another four hours from 7am to 8 pm. ET.
Until Tuesday, Robinhood offered trading 30 minutes before the open and tw...
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$Hertz Global Holdings, Inc. (HTZZ.US)$says $Tesla (TSLA.US)$has already started delivering cars into its rental fleet, even though Tesla CEO Elon Musk tweeted Monday night that the automaker hasn't yet signed a contract with the company.
Hertz shares up more than 10% due to this news.
Tesla CEO Elon Musk wrote late Monday in a Twitter post that the electric vehicle maker hasn't signed a contract with car rental company Hertz yet.
I'm quite confused about this......
Mooers, are you confused as well? Who's telling the truth, Tesla or Hertz?
Hertz shares up more than 10% due to this news.
Tesla CEO Elon Musk wrote late Monday in a Twitter post that the electric vehicle maker hasn't signed a contract with car rental company Hertz yet.
I'm quite confused about this......
Mooers, are you confused as well? Who's telling the truth, Tesla or Hertz?
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The market hit a record high at the end of October.
Despite the disappointing earnings results of some big names and rising inflation concerns, October shaped up to be the best month of the year while the broad market indexes are broaching their new records.
The $S&P 500 Index (.SPX.US)$, the $Dow Jones Industrial Average (.DJI.US)$ and the $Nasdaq Composite Index (.IXIC.US)$ has climbed around 17% to 23% year to date.
You might like: Basics about 3 major US indexes
The Wall Street veteran Doug Ramsey said that it looks like the market melt-up has just begun. What is melt up?
Melt up is a term that refers to an unexpected rising in the stock market, which is mainly driven by investor sentiment rather than earnings growth.
Some investors would flock into buying stocks for fear of missing out on opportunities, pushing up the stock market. That is, what we usually call FOMO.
Chris Harvey, head of equity strategy at Wells Fargo Securities, resonate with the idea that “We'll have the equity market melt-up. We'll bring stocks to a level where the fundamentals and valuations don't support them.”
He predicts that the year's biggest bull won't extend into next year.
Do you agree with him? What should we do when the unpredictable market is ahead?
We bring you a collection of selected investment ideas:
Click to access free courses.
Investment gurus share their views on how to choose the best stocks and avoid risks...
For more investment knowledge and trends, follow 'moomoo Courses' to stay tuned!
$Apple (AAPL.US)$ $Tesla (TSLA.US)$ $Berkshire Hathaway-A (BRK.A.US)$
Despite the disappointing earnings results of some big names and rising inflation concerns, October shaped up to be the best month of the year while the broad market indexes are broaching their new records.
The $S&P 500 Index (.SPX.US)$, the $Dow Jones Industrial Average (.DJI.US)$ and the $Nasdaq Composite Index (.IXIC.US)$ has climbed around 17% to 23% year to date.
You might like: Basics about 3 major US indexes
The Wall Street veteran Doug Ramsey said that it looks like the market melt-up has just begun. What is melt up?
Melt up is a term that refers to an unexpected rising in the stock market, which is mainly driven by investor sentiment rather than earnings growth.
Some investors would flock into buying stocks for fear of missing out on opportunities, pushing up the stock market. That is, what we usually call FOMO.
Chris Harvey, head of equity strategy at Wells Fargo Securities, resonate with the idea that “We'll have the equity market melt-up. We'll bring stocks to a level where the fundamentals and valuations don't support them.”
He predicts that the year's biggest bull won't extend into next year.
Do you agree with him? What should we do when the unpredictable market is ahead?
We bring you a collection of selected investment ideas:
Click to access free courses.
Investment gurus share their views on how to choose the best stocks and avoid risks...
For more investment knowledge and trends, follow 'moomoo Courses' to stay tuned!
$Apple (AAPL.US)$ $Tesla (TSLA.US)$ $Berkshire Hathaway-A (BRK.A.US)$
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By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures were mildly lower in early morning trading on Tuesday after the S&P 500 eked out a fresh record close Monday to kick off November.
- Apple wants iPhones to detect car crashes, auto-dial 911. The safety feature is also planned for Apple Watches expected in 2022, according to company documents.
Market Snapshot
Stock futures were mildly lower in early morning trading on Tuesday after the S&P 500 eked out a fresh record close Monday to kick off November.
Futures on the $Dow Jones Industrial Average (.DJI.US)$ fell 8 points. $S&P 500 Index (.SPX.US)$ futures and $NASDAQ 100 Index (.NDX.US)$ futures both sat fractionally below the flatline.
Market Temperature
Read More: Market Temperature (10/29)
Top News
Dow briefly jumps above 36000, finishes at record
The Dow traded above 36000 in the morning, then ended the day at a new high. Investors are awaiting earnings and more clarity on the Fed's interest-rate plans.
U.S. targets stablecoin digital currency for banklike oversight
A Treasury-led panel asked Congress to set up a regulatory framework to address growing risks.
There's less than meets the eye to October manufacturing
Supply problems are inflating the Institute for Supply Management's monthly manufacturing index.
Companies include green bonds in larger debt offerings
Chip maker $Micron Technology (MU.US)$ is the latest big company to issue a green bond alongside a larger debt issuance.
Ford broadens its AI expertise
The auto maker has trained more than 1,000 employees on a platform it developed to put AI tools in the hands of people across the company. $Ford Motor (F.US)$
American Airlines cancels hundreds of more flights
The carrier's troubles on Monday and over the weekend follow similar turmoil at rivals Spirit and Southwest. $American Airlines (AAL.US)$
Apple wants iPhones to detect car crashes, auto-dial 911
The safety feature is also planned for Apple Watches expected in 2022, according to company documents. $Apple (AAPL.US)$
Read More
Welcome to the metaverse: Investment implications from Facebook's transition to meta.
10 stocks to watch for an impending rebound or pullback (Week of 11/01)
Tesla shares slipped over 6% in premarket trade after Musk said Hertz deal isn't signed
EV startups Lucid and Rivian deliver first models to customers
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg
Hey, mooers! Here are things you need to know before the opening bell:
- Stock futures were mildly lower in early morning trading on Tuesday after the S&P 500 eked out a fresh record close Monday to kick off November.
- Apple wants iPhones to detect car crashes, auto-dial 911. The safety feature is also planned for Apple Watches expected in 2022, according to company documents.
Market Snapshot
Stock futures were mildly lower in early morning trading on Tuesday after the S&P 500 eked out a fresh record close Monday to kick off November.
Futures on the $Dow Jones Industrial Average (.DJI.US)$ fell 8 points. $S&P 500 Index (.SPX.US)$ futures and $NASDAQ 100 Index (.NDX.US)$ futures both sat fractionally below the flatline.
Market Temperature
Read More: Market Temperature (10/29)
Top News
Dow briefly jumps above 36000, finishes at record
The Dow traded above 36000 in the morning, then ended the day at a new high. Investors are awaiting earnings and more clarity on the Fed's interest-rate plans.
U.S. targets stablecoin digital currency for banklike oversight
A Treasury-led panel asked Congress to set up a regulatory framework to address growing risks.
There's less than meets the eye to October manufacturing
Supply problems are inflating the Institute for Supply Management's monthly manufacturing index.
Companies include green bonds in larger debt offerings
Chip maker $Micron Technology (MU.US)$ is the latest big company to issue a green bond alongside a larger debt issuance.
Ford broadens its AI expertise
The auto maker has trained more than 1,000 employees on a platform it developed to put AI tools in the hands of people across the company. $Ford Motor (F.US)$
American Airlines cancels hundreds of more flights
The carrier's troubles on Monday and over the weekend follow similar turmoil at rivals Spirit and Southwest. $American Airlines (AAL.US)$
Apple wants iPhones to detect car crashes, auto-dial 911
The safety feature is also planned for Apple Watches expected in 2022, according to company documents. $Apple (AAPL.US)$
Read More
Welcome to the metaverse: Investment implications from Facebook's transition to meta.
10 stocks to watch for an impending rebound or pullback (Week of 11/01)
Tesla shares slipped over 6% in premarket trade after Musk said Hertz deal isn't signed
EV startups Lucid and Rivian deliver first models to customers
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg
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NIO Inc: Goldman Sachs Upgrades to Buy from Neutral; Target Price $56.
Goldman Sachs upgrades NIO Inc to buy from neutral, target price $56.
$NIO Inc (NIO.US)$
Goldman Sachs upgrades NIO Inc to buy from neutral, target price $56.
$NIO Inc (NIO.US)$
Translated
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In January when $Tesla (TSLA.US)$ was trading at around $800, Social Capital founder and CEO Chamath Palihapitiya said that $Tesla (TSLA.US)$ could double or even triple.
BUT!! He revealed yesterday that he has sold all his Tesla stocks during the past year. Although he said it again that he's still bullish on Tesla's future, I no longer believe him. If he really is positive about Tesla, why would he rush to cash out?
What about you? Do you think he's trying to fool us or do you think he's telling the truth? Why?
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Moomoo news team and I hold the event together for a month! I will post discussions every day and Moomoo news team will support the event with reward points! We will pick the top 2 'liked' and top 3 'insightful' comments every weekday& top 10 'liked' and top 10 'insightful' comments every weekend to be the winners. For more details, click here.
Follow me to join the latest discussion!
BUT!! He revealed yesterday that he has sold all his Tesla stocks during the past year. Although he said it again that he's still bullish on Tesla's future, I no longer believe him. If he really is positive about Tesla, why would he rush to cash out?
What about you? Do you think he's trying to fool us or do you think he's telling the truth? Why?
Rewards calling! Comment to win rewards!
Moomoo news team and I hold the event together for a month! I will post discussions every day and Moomoo news team will support the event with reward points! We will pick the top 2 'liked' and top 3 'insightful' comments every weekday& top 10 'liked' and top 10 'insightful' comments every weekend to be the winners. For more details, click here.
Follow me to join the latest discussion!
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