[S2 W3 Spotlight]TOP5 Traders receive Gifts and you get chance to receive points

Thank you for joining us at the second season of the US Stock Paper Trading Competition held by moomoo. With all that has transpired over this week, we wanted to take a moment to share our gratitude for your participation and celebrate the incredible impact each of you had by competing and showing professional investment approaches during this event.

First, let's congratulates to ALL users for participating in our previous post. All of you receive 88 points for commenting in last weeks' post!

And Congratulations to @Mars Mooo for receiving 888 points as best performing industry is Casinos & Gambling!

With given virtual cash, traders can build out the portfolio they always dreamed of, all experience levels investors were welcomed and top performers will be rewarded final prizes. Now let’s take a look at how did our leading participants perform in the previous week under the different market dynamic atmosphere.

Minutes from the Fed’s July meeting released this week showed the central bank is willing to start reducing its monthly asset purchases this year. Investors sold equities and commodities this week and bought bonds on fears the move by the Fed may upend a global economy already under stress by the delta variant.

Last week, cyclical plays came into the spot as our participants’ appetite returns toward specialty retailor Petco Health& Wellness(WOOF). Petco Health and Wellness Company, Inc. operates as a retailer of premium pet consumables, supplies, and companion animals and services. The company also offers grooming, in-store and online training, tele-veterinarian, and pet health insurance services, as well as veterinary services through Vetco clinics. It also offers pet consumables, supplies, and services through its petco.com, petcoach.co, petinsurancequotes.com, and pupbox.com websites.

During the previous week, Petco has announced record revenue and earnings with 20 percent comp growth and 30 percent on a two-year basis. The company has also raised full year 2021 guidance on top and bottom line while appointing Brian LaRose as its new CFO.

Serenaly achieved first place in the competition three week in a row with a total return of 45.63%. She would only need one more week to earn the prize for second seasons! Over the past three weeks, her investment strategy of investing in limited amount of stocks and stick with them has successfully generated a decent return. The favorite sector of this winner is Technology, whom invested most heavily in Blackberry- another meme stocks that’s favored by WSB investors.

Our second place of the week goes to Hongliang Ang, who earned 32.32% total return so far. He adapted the same strategy as last week – invest in companies that suffer from a over-selling and wait for the rebound. Those rebound normally happen within one to two business day, which might the reason why he only holds his stocks normally for only one day. His favorite sector of this week is Basic Material, while his largest holding as of week 3 was Barrick Gold (GOLD).

User 10775188 has finished the week as the third with a total return of 30.40%, surpassing his previous forth position in the first week. He is also the only leading participants in second season who could be classified as a day trader. Day traders are active traders who execute intraday strategies to seize profit from daily stock price movement. Although he doesn’t have any position at the moment, he prefers the cryptocurrency industry the most in the season.

Our winner of the first season pcwSg has joined the competition again. He has achieved fourth place in the competition with one week of high-frequency trading. He and two other participants has won the competition in the previous season with high-frequency trading, proving the effectiveness of this technique. His favorite sector of this week is Finance, while his largest holding as of week 3 is WTM as usual.

User 102075171 has finished the week as the fifth with a total return of 26.86, despite he hasn’t make much move this week. He obtained most of his revenue from previous IPO debut.