Henrynyon
voted
Happy Friday, mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the top ten buzzing stocks on moomoo based on search and message volumes! Comment below to answer the Weekly Topic question for a chance to win an award!
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The market declined Friday, ending a short but volatile week for stocks. The S&P 500 fell below the historic 5,500 point mark Thursday, a level first re...
Make Your Choice
Weekly Buzz
The market declined Friday, ending a short but volatile week for stocks. The S&P 500 fell below the historic 5,500 point mark Thursday, a level first re...
![Weekly Buzz: September Starts with Deep Pullback](https://ussnsimg.moomoo.com/sns_client_feed/77777000/20240907/1725650295634-7053ea9b92.gif/thumb?area=999&is_public=true)
![Weekly Buzz: September Starts with Deep Pullback](https://ussnsimg.moomoo.com/sns_client_feed/77777000/20240907/1725653990967-a2afad9657.png/thumb?area=999&is_public=true)
![Weekly Buzz: September Starts with Deep Pullback](https://ussnsimg.moomoo.com/sns_client_feed/77777000/20240907/1725653704978-e815adcd55.png/thumb?area=999&is_public=true)
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Henrynyon
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Were you tuned into our "Invest with Sarge" live stream on shorting stocks? If you missed it, don’t worry — we've got a comprehensive recap to keep you up in the market marathon. 💡
🔍 What is Short Selling?
Definition 📚
Sarge said short selling is essentially borrowing shares of a stock you don't own, selling them at the current market price, and hoping to buy them back later at a lower price. It's a tactic that can potentially be lucrative but a...
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Henrynyon
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The recovery momentum of the Malaysian glove industry is gradually improving, market experts believe that this is a good opportunity to accumulate glove stocks, and specifically mentioned the high-yield Chen Pi Industry and Hershey. $KOSSAN (7153.BMS)$ and Hershey. $HARTA (5168.BMS)$
The research report by Volkswagen Investment Bank on Monday indicated a good sign of recovery in the glove industry, as both product sales and average selling prices are rising, which will all be drivers of revenue growth for industry players.
In the latest quarterly performance, the glove industry players we are focusing on all saw an increase in product sales, leading to a sequential revenue growth.
According to data from the Department of Statistics Malaysia (DOSM), our country's glove exports grew by 14% year-on-year in the first half of the year, while production volume increased by 6% year-on-year. Therefore, analysts predict that overall glove sales will continue to rise.
Despite the losses incurred by Top Glove $TOPGLOV (7113.BMS)$ still incurring losses, but Hartalega and Kossan Rubber Industries respectively recorded core net profits of 36.7 million ringgit and 26.8 million ringgit.
Better pricing position.
"We understand that the average selling price for every 1000 gloves fluctuates between 20 to 21 US dollars, slightly higher than the 17 to 18 US dollars at which Chinese industry players sell."
The analyst continued, as customer inventories are depleted, they are more willing to accept price increases, which narrows the price gap between Malaysian and Chinese players, indicating that market price competition will become more intense.
However, we are bullish on Malaysian industry players being able to continue raising their average...
The research report by Volkswagen Investment Bank on Monday indicated a good sign of recovery in the glove industry, as both product sales and average selling prices are rising, which will all be drivers of revenue growth for industry players.
In the latest quarterly performance, the glove industry players we are focusing on all saw an increase in product sales, leading to a sequential revenue growth.
According to data from the Department of Statistics Malaysia (DOSM), our country's glove exports grew by 14% year-on-year in the first half of the year, while production volume increased by 6% year-on-year. Therefore, analysts predict that overall glove sales will continue to rise.
Despite the losses incurred by Top Glove $TOPGLOV (7113.BMS)$ still incurring losses, but Hartalega and Kossan Rubber Industries respectively recorded core net profits of 36.7 million ringgit and 26.8 million ringgit.
Better pricing position.
"We understand that the average selling price for every 1000 gloves fluctuates between 20 to 21 US dollars, slightly higher than the 17 to 18 US dollars at which Chinese industry players sell."
The analyst continued, as customer inventories are depleted, they are more willing to accept price increases, which narrows the price gap between Malaysian and Chinese players, indicating that market price competition will become more intense.
However, we are bullish on Malaysian industry players being able to continue raising their average...
Translated
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Henrynyon
voted
Hi mooers!
$NVIDIA (NVDA.US)$ is releasing its Q2 earnings on August 28 after the bell. Unlock insights with NVDA Earnings Hub>>
For the details of indicator sentiment, please tap the link and check.
Since its last earnings release, shares of $NVIDIA (NVDA.US)$ have seen an increase of 35.64%. What do you think of this earnings report? Let's see if you can be motivated by the following information!
Mooer's insights:
· @Mr Long Te...
$NVIDIA (NVDA.US)$ is releasing its Q2 earnings on August 28 after the bell. Unlock insights with NVDA Earnings Hub>>
For the details of indicator sentiment, please tap the link and check.
Since its last earnings release, shares of $NVIDIA (NVDA.US)$ have seen an increase of 35.64%. What do you think of this earnings report? Let's see if you can be motivated by the following information!
· @Mr Long Te...
![NVIDIA Earnings Preview: Grab rewards by guessing the opening price!](https://ussnsimg.moomoo.com/sns_client_feed/77777008/20240826/1724639025192-c5da554002.png/thumb?area=100&is_public=true)
![NVIDIA Earnings Preview: Grab rewards by guessing the opening price!](https://ussnsimg.moomoo.com/sns_client_feed/77777008/20240828/1724815673386-d978b91622.png/thumb?area=100&is_public=true)
![NVIDIA Earnings Preview: Grab rewards by guessing the opening price!](https://ussnsimg.moomoo.com/sns_client_feed/77777008/20240826/1724667545862-c891ef7b65.jpeg/thumb?area=100&is_public=true)
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Henrynyon
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Good day, traders; happy Tuesday, August 20. The market opened green but slipped into the red after a eight-session bull run went soft. Investors are watching the Democrats produce their new platform for their presidential nominee and eagerly awaiting a macroeconomics talk with Jerome Powell on Friday.
My name is Kevin Travers, here are stocks moooving on Wall Street today.
$Lowe's Companies (LOW.US)$ It fell a bit on Tu...
My name is Kevin Travers, here are stocks moooving on Wall Street today.
$Lowe's Companies (LOW.US)$ It fell a bit on Tu...
![Boeing Pulls Dow Lower, S&P 500 Falls From Close to ATH Levels | Stonk Break](https://1500015405.vod2.myqcloud.com/57f4fa2avodtransusw1500015405/0dca598c1397757891050466216/coverBySnapshot/coverBySnapshot_10_0.jpg)
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Henrynyon
voted
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Henrynyon
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Hi Mooers, Are you booked for the event. ![]()
Everyone can guess and say whatever they feel, if the Feds will cut or continue with looking for more data. Some say Feds are behind the curve, a little too late.
Instead of guess work. What are the factors that will contribute to this decesion? Let’s have a look with some help from our friendly neighbourhood 🤖.![]()
Several key economic indicators play a crucial role in determ...
Everyone can guess and say whatever they feel, if the Feds will cut or continue with looking for more data. Some say Feds are behind the curve, a little too late.
Instead of guess work. What are the factors that will contribute to this decesion? Let’s have a look with some help from our friendly neighbourhood 🤖.
Several key economic indicators play a crucial role in determ...
![Economic Crossroads: Will the Fed Slash Rates as Inflation Shows Signs of Easing](https://sgsnsimg.moomoo.com/sns_client_feed/101793897/20240820/dfc6bcf6a7550e1bd91e8b794d859f47.jpg?area=101&is_public=true)
![Economic Crossroads: Will the Fed Slash Rates as Inflation Shows Signs of Easing](https://sgsnsimg.moomoo.com/sns_client_feed/101793897/20240820/c8dff124bf7c5d5191975953a73ab792.gif?area=101&is_public=true)
![Economic Crossroads: Will the Fed Slash Rates as Inflation Shows Signs of Easing](https://sgsnsimg.moomoo.com/sns_client_feed/101793897/20240820/ee2981d846674c07032c64e5add3d785.jpg?area=101&is_public=true)
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Henrynyon
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According to The Edge, $GENETEC (0104.BMS)$ fell as much as 26% or 37 sen to RM1.05, its lowest since July 2021. At 9.45 am, the stock was trading at RM1.15, on course for nine consecutive sessions of decline. (View original at Genetec shares plunge to July 2021 low, nine-day sell-down wipes out RM614m value)
Source: Malaysian Investment Development Authority (MIDA)
Interestingly, one of the largest shareholders, EPF holding up to 71,510,900 or 9.208%...
Source: Malaysian Investment Development Authority (MIDA)
Interestingly, one of the largest shareholders, EPF holding up to 71,510,900 or 9.208%...
![Genetec Falls to 52 Weeks Low - Chance or Run ?](https://sgsnsimg.moomoo.com/sns_client_feed/104849695/20240823/1724381321761-random5918-104849695-android-compress.png/thumb?area=104&is_public=true)
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Henrynyon
commented on
$GENETEC (0104.BMS)$ i saw it drop till 1.35 thn rebound bk to 1.48...what is happening to this stock ?
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