Weekly Buzz: New rally amid a bear market
Spoiler:
At the end of this post, there is a chance for you to win points!
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.)
Part Ⅰ: Make Your Choices
Part Ⅱ: Buzzing Stocks List & Mooers Comments
Three major indices moved upward, Russell 2000 Index increased 5.67% last week (As of May 27, 2022). Here is the weekly buzzing stock list of last week:
Three major indices moved upward, Russell 2000 Index increased 5.67% last week (As of May 27, 2022). Here is the weekly buzzing stock list of last week:
1. TSLA - Buzzing Stars: ⭐⭐⭐⭐⭐
Tesla's Giga Shanghai resumed double shifts to produce 2,600 electric cars a day. Production was expected to return to its total capacity in June. TSLA's stock soared 14.42% to $759.630 for the week (As of May 27, 2022).
● Mooers comment
@Scalper88 :
$Tesla(TSLA.US$ Will TSLA stay above R1? we will find out this week.
● Mooers comment
@Scalper88 :
$Tesla(TSLA.US$ Will TSLA stay above R1? we will find out this week.
2. AMC - Buzzing Stars: ⭐⭐⭐⭐
AMC Entertainment stock rose steadily throughout a robust stock-market day to finish up 18% - its biggest gain in two months, on volume nearly 80% higher than normal. Its share price raised by 19.86% and closed at $14.430 (As of May 27, 2022).
● Mooers comment
@SpyderCall : Possible New Trend Forming
Where is AMC going next? We could break out to the upside. Or reject the newly formed resistance and stay within this newly formed range for some time. Or we will reject resistance and break down completely out of range and continue down in the current bear market downtrend.
● Mooers comment
@SpyderCall : Possible New Trend Forming
Where is AMC going next? We could break out to the upside. Or reject the newly formed resistance and stay within this newly formed range for some time. Or we will reject resistance and break down completely out of range and continue down in the current bear market downtrend.
3. NIO - Buzzing Stars: ⭐⭐⭐⭐
According to a report out of China, EV automaker NIO is hiring a number of positions related to manufacturing vehicles in the US. The share price of NIO closed at $16.570 with a weekly growth of 0.76% (As of May 27, 2022).
● Mooers comment
@Scalper88 :
$NIO Inc(NIO.US$ Guys becareful....its reaching R1 (resistance)
● Mooers comment
@Scalper88 :
$NIO Inc(NIO.US$ Guys becareful....its reaching R1 (resistance)
4. AAPL - Buzzing Stars:⭐⭐⭐⭐
Apple’s upcoming iOS 16 is likely to upgrade the lock screen, messaging and health features. Its stock price closed at $149.640, with a weekly increase of 8.76% (As of May 27, 2022).
● Mooers comment
@tertm141 :
$Apple(AAPL.US$ $150 is the next resistant.
● Mooers comment
@tertm141 :
$Apple(AAPL.US$ $150 is the next resistant.
5. COST - Buzzing Stars: ⭐⭐⭐
The Costa share price was green after the company outlined its strong start to 2022 in its annual general meeting (AGM). It production reached record levels in China. The share price of COST closed at $470.760, with a weekly rise of 13.05% (As of May 27, 2022).
● Mooers comment
@Aydin Yilmaz :
$Costco(COST.US$
Your average consumer isn’t buying as many goods as it used to. People are only stocking up on essentials when at Costco. Water, House Supplies, Non Perishable Food.
Read more >>
● Mooers comment
@Aydin Yilmaz :
$Costco(COST.US$
Your average consumer isn’t buying as many goods as it used to. People are only stocking up on essentials when at Costco. Water, House Supplies, Non Perishable Food.
Read more >>
6. NVDA - Buzzing Stars:⭐⭐⭐
Nvidia released its first-quarter report for fiscal 2023 last Wednesday. Its revenue in the first quarter was 8.288 billion US dollars, a year-on-year increase of 46%. The shares of NVDA soared 12.68% last week and finally closed at $188.110 (As of May 27, 2022).
● Mooers comment
@tertm141 :
$NVIDIA(NVDA.US$ relief rally?
● Mooers comment
@tertm141 :
$NVIDIA(NVDA.US$ relief rally?
7. BABA - Buzzing Stars:⭐⭐⭐
Alibaba Group Holding Limited delivered a better-than-estimated FQ4'22 earnings release last Thursday. BABA's share price closed at $93.410, with a weekly increase of 7.63% (As of May 27, 2022).
● Mooers comment
@Sonic The HEDGED :
ALIBABA. Hong Kong market pre-open chart. Prices are still inside the downtrendline and uptrendline.
● Mooers comment
@Sonic The HEDGED :
ALIBABA. Hong Kong market pre-open chart. Prices are still inside the downtrendline and uptrendline.
8. GME - Buzzing Stars:⭐⭐⭐
GameStop gained sharply as stock-split vote and short squeeze chatter. Its share price closed at $137.210, with a weekly rise of 43.44% (As of May 27, 2022).
● Mooers comment
@SpyderCall : Where To Next?
$GameStop(GME.US$ The share price has surged over 45% in a few days. There are a couple strong resistance levels approaching. Will GME's price break out to the upside or reject resistance and head back down to lower support.
● Mooers comment
@SpyderCall : Where To Next?
$GameStop(GME.US$ The share price has surged over 45% in a few days. There are a couple strong resistance levels approaching. Will GME's price break out to the upside or reject resistance and head back down to lower support.
9. MULN - Buzzing Stars:⭐⭐⭐
Mullen Automotive extends losing streak despite EV stocks rising again. Its share price went down 12.16% to $0.96 over the past week (As of May 27, 2022).
● Mooers comment
@Biff :
$Mullen Automotive(MULN.US$
Regarding those Bogus lawsuits. They all have a date to be added to the class action by July 5th. It is a options website posting 95% of them.
Read more >>
● Mooers comment
@Biff :
$Mullen Automotive(MULN.US$
Regarding those Bogus lawsuits. They all have a date to be added to the class action by July 5th. It is a options website posting 95% of them.
Read more >>
10. GRAB - Buzzing Stars:⭐⭐
Grab intended to spend less on incentives as the pandemic recedes. This would put its delivery business on track and strive to break even on an adjusted EBITDA basis by the end of 2023. However, the share price of GRAB dropped 24.92% to $2.410 for the week (As of May 27, 2022).
● Mooers comment
@hmk_nokia : Massive layoff coming for Grabbers?
$Grab Holdings(GRAB.US$ As grab stock price creating remarkable low price, will Grab layoff again just like 2020? let’s see
● Mooers comment
@hmk_nokia : Massive layoff coming for Grabbers?
$Grab Holdings(GRAB.US$ As grab stock price creating remarkable low price, will Grab layoff again just like 2020? let’s see
Before moving on to part three, congrats to the following mooers whose comments were selected as the top comments last week!
@HopeAlways @Syuee @Milk The Cow @HuatLady @HuatEver @102089245 @VCSuccess @CraCra665 @KT88 @Darth Magnavox @101767718 @Southern Eagle @TCCZZZ @Double Rainbow @ZenTime
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!
Time to be rewarded for your great insights and knowledge!
This week, we'd like to invite you to comment below and share your idea on:
What stocks you would never buy? Why?
What stocks you would never buy? Why?
We will select 15 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.
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
● Fundamental / Technical / Capital Analyses
● Personal Trading Experience
● Any bright insights or knowledge
Previous of Weekly Buzz
Weekly Buzz: The market might not be as bad as you thought
Weekly Buzz: Why did Elon Musk put his Twitter deal 'on hold'？
Weekly Buzz: FAANG will be repalced by MANTA?
Weekly Buzz: The market might not be as bad as you thought
Weekly Buzz: Why did Elon Musk put his Twitter deal 'on hold'？
Weekly Buzz: FAANG will be repalced by MANTA?
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In Singapore investment products and services are offered through Futu Singapore Pte. Ltd., regulated by the Monetary Authority of Singapore (MAS). This advertisement has not been reviewed by MAS.
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HopeAlways :
HopeAlways : From lithium miners to lithium electric car battery charges, everything EV seems to be going up recently. The electric revolution appears to be in full swing and it should be obvious why investors are excited about EV stocks. Unless EV stocks are cheap enough in terms of valuation, it may be worthwhile to hold back a little longer until they are cheap enough to worth buying and holding for the long term.
SebTheTraderOuf : Which stocks wouldn't you like to buy even if they grow?
@Moo_Rich@Meta Moo@moomoo News SG can the question be rephrase ( which stock we want or don’t want to buy )
Milk The Cow :
Syuee : Big tobacco like $Philip Morris International (PM.US)$, is an industry that some investors may find it hard to love.
I must say it is incredibly difficult to find very high-quality companies like Philip Morris that have such safe and growing dividends that also trade with fair valuations.
Personally, I will not invest in Philip Morris International due to the moral implications of investing in companies that sell products that are known to cause harm to consumers including little kids.
I find it difficult to invest in “sin stocks” like big tobacco…
Philip Morris International appears to be attractively valued. It’s forward price-to-earnings ratio of 19.1 is below the 21.8 average of the consumer staples sector.
Also, Philip Morris doesn't just look like a deal compared to its sector. It has a 4.6% trailing-12-month dividend yield which is slightly higher than its 10-year median of 4.5%.
This actually makes Philip Morris International a solid stock to buy and hold for the decades ahead~ .
The truth is the tobacco industry needs kids to start smoking to make up for the adults that die from tobacco-related disease.
Big Tobacco has spent big bucks on getting kids to start smoking. Tactics are deceptive.
To be a socially responsible investor, I will unlikely consider to invest in $Philip Morris International (PM.US)$, despite the attractiveness.
Milk The Cow : I guess is oil
company stock for now currently 
.
. 
.
Yar, unfortunately the opposite of Warren Buffett
Firstly, I know nothing about oil
Also, we are moving toward EV & the economy is all about environmental friendly...
It may take years but it won't be long...
HopeAlways Syuee: Thinking of a tobacco company as a long-term investment seems counter-intuitive. The global smoking rate has continually declined over time, and it is a well-known fact that tobacco stocks like cigarettes are bad for one's health.
Popular on moomooOP SebTheTraderOuf: Sorry to make you confuse. We have edited the question already, the question is: What stocks you would never buy? And why? Looking forward you hear your opinion
Syuee HopeAlways: Batteries are a crucial component of EVs. As sales of EVs speed up, it will certainly drive higher battery sales.
Forward-thinking investors might want to consider adding battery makers to their portfolio to potentially profit from this megatrend.
However, as it is an emerging technology, these investments will likely exhibit above-average volatility as well.
Double Rainbow Syuee: RESPECT !!
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