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    $Tesla(TSLA.US)$ The Chinese poems that Musk posted on his social accounts mean
    Both born of the same root, why torment each other so cruelly!
    Picture
    10
    By Danilo
    Hey, mooers! Here are things you need to know before the opening bell:
    - U.S. stock index futures were little changed during early morning trading on Wednesday, after the S&P 500 on Tuesday posted its fifth straight winning session as strong earnings numbers lift sentiment.
    - Special purpose acquisition company BowX Acquisition said its shareholders approved the previously announced business combination with the shared-workspace company WeWork.
    Market Snapshot
    U.S. stock index futures were little changed during early morning trading on Wednesday, after the S&P 500 on Tuesday posted its fifth straight winning session as strong earnings numbers lift sentiment.
    Futures contracts tied to the $Dow Jones Industrial Average(.DJI.US)$added just 4 points. $S&P 500 Index(.SPX.US)$futures and $NASDAQ 100 Index(.NDX.US)$futures both traded marginally lower.
    Market Temperature
    Read More:Market Temperature (10/20)
    Top News
    Waller: If inflation doesn't cool by year-end, Fed could bring rate increases forward
    Federal Reserve Gov. Christopher Waller said the central bank could move forward the timeline for raising short-term interest rates to restore price stability if high levels of inflation don't start cooling soon, adding that he supports the Fed slowing its asset buying stimulus effort starting next month.
    Biden identifies cuts to social policy and climate bill
    Democrats accelerated efforts to strike a deal on the legislation. Two years of tuition-free community college and a clean electricity program could be dropped, while other programs may be slimmed down.
    U.S. lawmakers turn spotlight on private equity
    A group of legislators led by Sen. Elizabeth Warren plans to reintroduce the Stop Wall Street Looting Act this week amid hearings on buyout-firm practices
    Stocks close higher as companies report earnings
    Major indexes climbed as investors parsed earnings reports for insight into how companies are coping with inflation and supply-chain disruptions.
    Netflix finds even 'Squid Game' only has so much reach
    While the new blockbuster series is helping to lift subscriber growth, a projection only in line with forecasts tempers the reaction following a stock-price surge. $Netflix(NFLX.US)$
    Credit Suisse to pay fine, admits defrauding investors to settle Mozambique charges
    The company $Credit Suisse Group AG(CS.US)$agreed to pay $475 million and forgive $200 million Mozambique owes to investors in coordinated settlements with U.S. and European authorities over loans the bank made in the country.
    SPAC shareholders approve deal that will take WeWork public
    Special purpose acquisition company BowX Acquisition said its shareholders approved the previously announced business combination with the shared-workspace company.
    Read More
    [Book Now] Tesla Q3 2021 earnings conference call
    Bull Session | Are you a Reddit user? Would you invest in Reddit?
    [Rewards Calling] Value investing or tech innovation? Buffett or Cathie Wood?
    Best of Twitter | Tesla's market cap beats other autos combined
    Key Events This Week
    Source: CNBC, Dow Jones Newswires, Bloomberg
    Morning Briefing: Netflix finds even 'Squid Game' only has so much reach
    Morning Briefing: Netflix finds even 'Squid Game' only has so much reach
    Morning Briefing: Netflix finds even 'Squid Game' only has so much reach
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    3
    Asian stocks set to track U.S. gains; Dollar drops
    Asian stocks are set to track a U.S. rally as a focus on corporate earnings helps to ease some of the concerns over inflationary pressures in the global economy. A gauge of the dollar held a retreat.
    Futures advanced in Japan and Hong Kong. Australian shares edged up at the open, while U.S. contracts were steady. The $S&P 500 Index(.SPX.US)$is close to a record as traders digest company reports to assess the impact of supply-chain snarls and higher commodity prices.
    Jet fuel price surge is clouding U.S. airlines' recovery plans
    Jet fuel prices are surging above pre-pandemic levels, an ominous headwind for airlines plotting a recovery from more than a year of losses. Despite lackluster demand, the cost of jet fuel has climbed about 70% so far this year alongside rising crude oil prices.
    $United Airlines(UAL.US)$on Tuesday forecast an average price of $2.39 a gallon in the fourth quarter, up from $2.14 in the most recent quarter. The airline paid $2.02 per gallon in the third quarter of 2019.
    Googling 'job' is once again more popular than 'unemployment'
    There may be a glimmer of hope for U.S. employers who are facing an acute labor shortage.
    "Job" has finally overtaken "unemployment" as a search term for the first time since March 2020, according to data from Google Trends. The number of Americans googling "unemployment" peaked at the end of March 2020, when the pandemic shut down the U.S. economy, and had been hovering above "job" searches until mid-September 2021.
    Interactive Brokers misses revenue estimates as trading slows
    $Interactive Brokers(IBKR.US)$reported third-quarter revenue that fell short of Wall Street estimates as trading activity moderated from earlier in the year. Revenue fell 15% from a year earlier to $464 million, the Greenwich, Connecticut-based company said Tuesday. That missed the $640 million average estimate of analysts surveyed by Bloomberg.
    Johnson & Johnson's sales climb across divisions
    $Johnson & Johnson(JNJ.US)$'s sales climbed in the latest quarter compared with the same stretch of last year, reflecting a return of more doctor's visits and medical procedures after the pandemic disrupted the industry.
    Its revenue rose 11% year over year in the third quarter to $23.34 billion. Earnings were $1.37 a share—up from $1.33 a year ago—or $2.60 a share after stripping out one-time items. Wall Street analysts had been forecasting sales of $23.64 billion and adjusted earnings of $2.35 a share, according to FactSet.
    'Squid Game' boosts Netflix's third-quarter subscriber growth
    $Netflix(NFLX.US)$ said 142 million subscribers, which account for two-thirds of all Netflix users, have watched at least two minutes of its new hit "Squid Game."Netflix gained 4.4 million new subscribers in the third quarter, but only 70,000 of them came from the U.S. and Canada. The streaming service has added fewer than 1 million new subscribers from the U.S. and Canada in the past 12 months.
    Google unveils its newest smartphones, the first powered by the company's own chip
    $Alphabet-A(GOOGL.US)$on Tuesday unveiled the full details of its new Pixel 6 and Pixel 6 Pro smartphones. The Pixel 6 starts at $599 while the Pixel 6 Pro starts at $899, and they hit store shelves Oct. 28. Google's new Tensor chip, which powers the phones, enables unique software features.
    Comcast launches smart TV for U.S. market in bid to take on Roku, Amazon
    $Comcast Corp(CCV.US)$unveiled a smart TV for the U.S. market, as the cable giant looks to become a dominant distributor of streaming apps and give a boost to its homegrown Peacock service.
    With its push into smart TVs, Comcast is taking on players such as $Roku Inc(ROKU.US)$and $Amazon(AMZN.US)$as a hub for consumers to access streaming services. That transition is becoming more urgent as more consumers cut the traditional TV cord and turn to streaming for entertainment, sports and news.
    Source: Bloomberg, WSJ, CNBC
    Wall Street Today | 'Squid Game' boosts Netflix's  Q3 subscriber growth
    21
    Risk Management is not solely about cutting losses.
    1. Set your RR, Stop Loss & Gain before entering a trade. Stick to this plan, DO NOT deviate from it due to Fear/Greed.
    2. RM is about psychology too.
    - Don't jump into trade, FOMO.
    - Chase a trade after huge loss
    If u r not mentally prepared for trading,  90% u will burned out in a few months.
    3. Do Not...
    - Jump to live trade after learning a few strategies online or YT. Do your DD, test out the strategies on paper trade.
    - Follow the gut instinct of others comment.
    - Thinking today is my Lucky day, placing >50% of ur account in 1 trade.
    - Double up after losing a trade without SL.
    - etc
    My point is ... Never believe you can become an expert/winning trader in a few weeks/months.
    It take a few of years of learning to just become consistent. (lot of emo/giving up along the ways)
    Most consistent trader will loose ~40% of the time & still be profitable.
    I would compare trading as to scuba diving.
    Scuba diving is a safe but also labelled as a dangerous sport.
    SAFE - when u learn all the fundamental courses, both theories & practical. Clock your dive logs consistently. And most importantly,  know your gears & maintain them well.
    DANGEROUS - when u on a vacation & took a dive experience crash course.
    U learn everything in a few hours & put on some wear out gears. Off u go on a boat for your 1st dive.
    If u lucky, u will manage & see a few fishes. But if you r not, u will end floating on the water surface,  face down.
    22
    Spoiler:
    At the end of this post, there is a chance for you to win points!
    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.)
    Image: @LeicesterM
    Upcoming Live
    This week, @moo_Livewill live stream the $Taiwan Semiconductor(TSM.US)$Third Quarter 2021 Earnings Conference in moo community for informational purposes. Please stay tuned!
    Part Ⅰ: Make Your Choices
    Part Ⅱ: Buzzing Stocks List & Mooers Comments
    Every major index moved higher last week. Here is the weekly buzzing stock list of last week:
    1. CEI - Buzzing Stars: ⭐⭐⭐⭐⭐
    Being on a wild ride, CEI finally closed at $1.170 last week after popping 95.93% last Thursday, rebounding from recent weakness amid a short report on the company from Kerrisdale Capital.
    ● Mooers comment
    @倔强的嚣张: $Camber Energy(CEI.US)$
    2. AMC - Buzzing Stars: ⭐⭐⭐⭐
    It has been a tough run for AMC last week. The stock price closed at $37.190 after a short-term solution was revealed for the debt ceiling last Thursday.
    ● Mooers comment
    @Mr Trecherous: $AMC Entertainment(AMC.US)$
    3. TSLA- Buzzing Stars:⭐⭐⭐⭐
    TSLA gained 1.32% to $785.490 last week. The EV maker held its 2021 annual Tesla shareholders’ meeting last Thursday, where Elon Musk announced that the company has officially relocated its headquarters from Palo Alto, California to Austin, Texas.
    ● Mooers comment
    @moo_Live: Tesla 2021 Annual Shareholder's Meeting
    4. CCXI - Buzzing Stars: ⭐⭐⭐⭐
    CCXI shares soared 95.97% to $38.410 last Friday after the biopharmaceutical company received Food and Drug Administration approval for its treatment for a rare autoimmune disease.  
    ● Mooers comment
    @VinnyDaddy: Hail to the king cat!
    $ChemoCentryx Inc(CCXI.US)$ @Tupack H Mcsnacks
    “Blessed is he who, in the name of charity and good will, shepherds the weak through the valley of the darkness. For he is truly his brother's keeper and the finder of lost children.”
    The cat:
    Read more...
    @chgocal123:Stocks. yes! i hope everyone held!
    5. BABA - Buzzing Stars:⭐⭐⭐
    Shares of BABA finally stood at $161.520 with a weekly increase of 12.01%. A filing last Tuesday showed that Daily Journal, of which Munger is chairman, had bought nearly 150,000 shares of Alibaba in the third quarter, increasing its stake in the company by 83%.
    ● Mooers comment
    @JPYY8888: Make a guess on BABA
    what price do you think this counter will be traded/priced at end of the month of Oct 2021?
    Click here to place your guess.
    6. AAPL - Buzzing Stars: ⭐⭐⭐
    AAPL stock was up 0.18% last week, and its price closed at $142.900. Last Wednesday, Reuters reported that EU antitrust regulators are set to charge Apple with anti-competitive practices related to its NFC chip technology.
    ● Mooers comment
    @Listenerhater: Invest In What You Use?
    Invest in what you use in your daily life. I would definitely tell you that I wont do that!!!!!! Yep, without any hesitation to answer this question. Why? Read more...
    7. PROG - Buzzing Stars:⭐⭐⭐
    PROG shares were down 24.58% to $1.350 last week after the biotechnology company announced an agreement with various institutional investors for the buying and selling of nearly 13.3 million common stock shares in a registered direct offering at $1.50 per share.
    8. FB - Buzzing Stars:⭐⭐⭐
    FB stock closed at $330.050 with a weekly decrease of 3.78% after facing an unprecedented global outage of the company’s sites and a damaging interview by a former insider turned whistle-blower.
    ● Mooers comment
    @Mario Timberlake: $Facebook(FB.US)$A few mini closeouts after it's tumble today but was relatively weak. I think it has promise to bounce if mkt is able to hold up but if the overall market is weak. Read more...
    Join the discussion: Facebook's crash pulls down tech stocks: what's your thought?
    9. BBIG - Buzzing Stars:⭐⭐⭐
    BBIG stock was down 18.40% to $5.010 over the past week. This company announced that through its joint venture with ZASH Global Media, the companies would be acquiring AdRizer.
    ● Mooers comment
    @DRAGON IS BACK: $Vinco Ventures(BBIG.US)$ Oh my gudness .. thanks a lox to all senior citizens in our community .. you guys awesome ..you guys awesome .. today finally everything was going correctly .. we are closing at $7.25 ..today .😘 hopefully will get higher tomorrow 👍👍😂❤️❤️
    10. NIO - Buzzing Stars: ⭐⭐
    NIO shares were up 1.27% to $35.830 after posting its better than expected delivery growth. Its EV sales stood at 24,439 units over Q3 2021.
    ● Mooers comment
    @CoolWaterCoolWater: Is time.  NIO.
    NIO. You have taken good care on your customer. You have alway put them in your priority.
    is time you take care of your investor.
    Thanks for your reading!
    Awarding Moment
    Before moving on to part three, congrats to the following mooers whose comments were selected as the top comments last week!
    @VCSuccess @GT1982 @GlenPeh @Syuee @70227526 @HopeAlways @Tupack H Mcsnacks
    We really appreciate your great insights! Read the top comments last week!
    Notice: Reward will be sent to you this week. Please feel free to contact us if there is any problem.
    Part Ⅲ: Weekly Topic
    Time to be rewarded for your great insights and knowledge!
    This week, we'd like to invite you to comment below and share your view on:
    "Is investing like a relationship? What are your rules?"
    We will select 20 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.
    Top Comment Technique:
    ● Fundamental / Technical / Capital Analyses
    ● Personal Trading Experience
    ● Any bright insights or knowledge
    Previous of WeeklyBuzz
    Weekly Buzz: Doraemon met moomoo figurines.
    Weekly Buzz: The level of rich I wanna be.
    Weekly Buzz: "The only green stocks I own right now."
    Disclaimer: Comments below are made available for informational purposes only. Before investing, please consult a licensed professional.
    Weekly Buzz: "I'm not mad. I'm just disappointed."
    Weekly Buzz: "I'm not mad. I'm just disappointed."
    Weekly Buzz: "I'm not mad. I'm just disappointed."
    +4
    77
    Investing is about balancing risk and reward. Reaching our investment goals will take patience and hard work.  Avoiding bad investment is an important key to successful investing. It can take several years for a portfolio to recover from a few wrong investment that could have been avoided in the first place. As such, investors need to be watchful for warning signs that could signal companies in trouble. While continuous decline in earnings may be a reason for concern, investors should be more wary of companies that struggle to maintain a consistent cashflow profile, especially those that show continuous negative cash flow over a prolonged period as these companies tend to run a higher risk of insolvency. Increasing and high debt level is another warning sign to watch out for.  Debt is not necessarily bad as it can be used to improve earnings and profit margins. But when companies are struggling to make scheduled interest and principal payments, this is a huge red flag to watch out for as such companies run a higher risk of liquidation should they be unable to meet their debt obligations. Other than unusually high insider selling that can be interpreted as an ominous sign, investors can check if a company's shares are the target of short sellers, especially hedge funds that aggressively bet against a company's share price. When a company's shares are consistently targeted by short sellers, it could be an early warning of greater danger ahead. Investors should also be cautioned should there be any frequent change of auditors  or if a company changes its auditors abruptly as this may indicate that the company could be trying to conceal information they do not wish to disclose. To help spot stock I should avoid, I would always relook at a stock whenever I notice consecutive quarters of declining earnings, a company's cash shrinking or debt increasing. Unusual insider sales, heavy short selling or auditor resignation are other warning signs that a company may be in trouble.
    $BlackBerry(BB.US)$
    $Clover Health(CLOV.US)$
    $ContextLogic(WISH.US)$
    $Luckin Coffee(LKNCY.US)$
    $Oatly Group AB(OTLY.US)$
    $SNDL Inc(SNDL.US)$
    $Virgin Galactic(SPCE.US)$
    $Zomedica(ZOM.US)$
    101
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