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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.)
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Although the US market had one of the best starts in recent times, it gave away most...

Hey mooers,
After learning how to look for divergences between price and volume in the previous post, it's time to learn how to use on-balance volume (OBV) to confirm the underlying trend.
Traders often use the OBV to look for trend confirmations or try to correctly identify the strength and the direction of the ongoing trend. The OBV line's slope is also helpful. A trend accompanied by an OBV line with a steeper slope ...

Wednesday's consumer price index report could help determine which way the market will move in the short-term. Traders will be watching to see if inflation has peaked, at least for now.
The US CPI data for the month of July will be released at 8:30 a.m. New York time and economists expect the index to rise 8.7% year-on-year. A reading of 8.7% would be lower than the previous reading of 9.1% but would still be the second highest reading in about...