Weekly Buzz: SIDU to the moon in 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 downward, Russell 2000 Index decreased 5.92% last week (As of Jun 17, 2022). Here is the weekly buzzing stock list of last week:
Three major indices moved downward, Russell 2000 Index decreased 5.92% last week (As of Jun 17, 2022). Here is the weekly buzzing stock list of last week:
1. TSLA - Buzzing Stars: ⭐⭐⭐⭐⭐
Tesla has started another wave of layoffs, and this time it also includes hourly workers. The layoffs came amid Tesla’s being in the middle of a difficult end-of-quarter delivery wave. TSLA's stock dropped 6.66% to $650.280 for the week (As of Jun 17, 2022).
● Mooers comment
@Lion cityer : Tesla fired its Singapore country manager after Elon Musk warned of cutting 10% of the staff
$Tesla(TSLA.US$ fired its Singapore country manager Christopher Bousigues one year after bringing him on.
Read more >>
● Mooers comment
@Lion cityer : Tesla fired its Singapore country manager after Elon Musk warned of cutting 10% of the staff
$Tesla(TSLA.US$ fired its Singapore country manager Christopher Bousigues one year after bringing him on.
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2. AMC - Buzzing Stars: ⭐⭐⭐⭐
AMC Theaters said that global ticket revenue for this year's June 9-12 was 15% higher than before the 2019 pandemic. Its share price rose 0.80% and closed at $12.530 (As of Jun 17, 2022).
● Mooers comment
@SpyderCall : AMC's Price Predictions for Next Week
AMC has outperformed the S&P over the past couple weeks. I must give my fellow apes a congratulations. Their diamond hands actually helped out AMC's stock price the past two weeks.
● Mooers comment
@SpyderCall : AMC's Price Predictions for Next Week
AMC has outperformed the S&P over the past couple weeks. I must give my fellow apes a congratulations. Their diamond hands actually helped out AMC's stock price the past two weeks.
3. RDBX - Buzzing Stars: ⭐⭐⭐⭐
Redbox is a legacy retail DVD business that operates via kiosks throughout the US. Several exchanges were taking steps to limit trading in Redbox (RDBX) stock options. Its share price closed at $12.010 with a weekly decline of 9.02% (As of Jun 17, 2022).
● Mooers comment
@pennypincher :
$Redbox Entertainment(RDBX.US$ so as understand this situation redbox never had options until shorts piled in and retail followed and trapped them. they lied on the filing to instate options because redbox's float was to low to meet option requirements.
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● Mooers comment
@pennypincher :
$Redbox Entertainment(RDBX.US$ so as understand this situation redbox never had options until shorts piled in and retail followed and trapped them. they lied on the filing to instate options because redbox's float was to low to meet option requirements.
Read more >>
4. SIDU - Buzzing Stars:⭐⭐⭐⭐
Sidus Space Inc is a Space-as-a-Service company. It announced that it was part of the Collins Aerospace team, which was awarded NASA’s Exploration Extravehicular Activity (xEVAS) services contract. Its stock price closed at $6.160, with a weekly soar of 310.67% (As of Jun 17, 2022).
● Mooer comment
@Sam Wallstreet :
NEED IT TO BREAK OVER: $8.45
indicator for MORE uptrend $8.49
confirmation uptrend - $8.56
mini breakout - $8.87
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● Mooer comment
@Sam Wallstreet :
NEED IT TO BREAK OVER: $8.45
indicator for MORE uptrend $8.49
confirmation uptrend - $8.56
mini breakout - $8.87
Read more >>
5. NIO - Buzzing Stars: ⭐⭐⭐
Audi has filed a lawsuit against Nio, Audi believes that two of Nio's models, the ES6 and ES8, sound unnecessarily similar to two of Audi's vehicles, the S6 and S8. However, the share price of NIO closed at $20.770, with a weekly rise of 14.50% (As of Jun 17, 2022).
● Mooers comment
@SANDRO 善子 :
$NIO Inc(NIO.US$ Last night, the SHORT force is very strong. Green candle have been pressured to a green cross
Last night, the SHORT force is very strong. Green candle have been pressured to a green cross
● Mooers comment
@SANDRO 善子 :
$NIO Inc(NIO.US$ Last night, the SHORT force is very strong. Green candle have been pressured to a green cross
Last night, the SHORT force is very strong. Green candle have been pressured to a green cross
6. MULN - Buzzing Stars:⭐⭐⭐
The most significant recent development for Mullen was the news that it was set to join the Russell 2000 and Russell 3000 indices. The shares of MULN grew 15.79% last week and finally closed at $1.320 (As of Jun 17, 2022).
● Mooers comment
@JustSurface : Wyckoff Analysis on MULN
$Mullen Automotive(MULN.US$ W Formation (higher low, higher high) formed on the hourly. Today we broke Level 1 after retracing from W Formation.
● Mooers comment
@JustSurface : Wyckoff Analysis on MULN
$Mullen Automotive(MULN.US$ W Formation (higher low, higher high) formed on the hourly. Today we broke Level 1 after retracing from W Formation.
7. AMZN - Buzzing Stars:⭐⭐⭐
Although the “buy” rating was restated by equities research analysts at Truist Financial in a research report issued to clients and investors last Friday, its share price closed at $106.220, with a weekly drop of 10.38% (As of Jun 03, 2022).
● Mooers comment
@T T M :
$Amazon(AMZN.US$ Some said it's a long-term buy but since it lost that much in Q1, it definitely need years to recover. Lets wait & see its Q2 earning report in 4th, Aug but with the global macroeconomy trend, we probably can guess the result.
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● Mooers comment
@T T M :
$Amazon(AMZN.US$ Some said it's a long-term buy but since it lost that much in Q1, it definitely need years to recover. Lets wait & see its Q2 earning report in 4th, Aug but with the global macroeconomy trend, we probably can guess the result.
Read more >>
8. HLBZ - Buzzing Stars:⭐⭐⭐
Helbiz, Inc. is an intra-urban transportation company that provides micro-mobility services in Italy and the United States. Its share price closed at $0.830, with a weekly rise of 5.84% (As of Jun 17, 2022).
● Mooers comment
@Biff :
What Helbiz Does: Helbiz Inc provides electric micro-mobility services. The company offers a diverse fleet of vehicles including e-scooters, e-bicycles and e-mopeds all on one convenient, user-friendly platform around the world.
Read more >>
● Mooers comment
@Biff :
What Helbiz Does: Helbiz Inc provides electric micro-mobility services. The company offers a diverse fleet of vehicles including e-scooters, e-bicycles and e-mopeds all on one convenient, user-friendly platform around the world.
Read more >>
9. MSFT - Buzzing Stars:⭐⭐⭐
Microsoft announced that they have entered into an agreement to acquire Miburo, which is a cyber threat analysis and research company specializing in the detection of and response to foreign information operations. However, its share price went down 2.11% to $246.650 over the past week (As of Jun 17, 2022).
● Mooers comment
@Cow Moo-ney : Ready to fly, or dive?
Microsoft - has been consolidating at around 270. Once again, that green line in the image below was drawn some time ago, and just like Apple, Microsoft is trying hard to break above.
● Mooers comment
@Cow Moo-ney : Ready to fly, or dive?
Microsoft - has been consolidating at around 270. Once again, that green line in the image below was drawn some time ago, and just like Apple, Microsoft is trying hard to break above.
10. AAPL - Buzzing Stars:⭐⭐
Apple and Major League Soccer (MLS) announced that the Apple TV app would be the exclusive destination to watch every single live MLS match beginning in 2023. Nevertheless, the share price of AAPL fell 4.06% to $131.560 for the week (As of Jun 17, 2022).
● Mooer comment
@Shaaaw : Can AAPL get back to ATH in 4 years?
Mentally it’s tough to keep buying with non-stop red days. Here’s a long term perspective to consider.
$Apple(AAPL.US$ is now down 30%, but a return to all time high means a 183/129 = 42% return.
Read more >>
● Mooer comment
@Shaaaw : Can AAPL get back to ATH in 4 years?
Mentally it’s tough to keep buying with non-stop red days. Here’s a long term perspective to consider.
$Apple(AAPL.US$ is now down 30%, but a return to all time high means a 183/129 = 42% return.
Read more >>
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 @HuatEver @HuatLady @VCSuccess @Weicl @KT88 @Revelations 6 @Southern Eagle @Double Rainbow @ZenTime @YL tan @71288250
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:
How do you think the current bear market compares to the financial crisis in 2008?
How do you think the current bear market compares to the financial crisis in 2008?
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: Market rally faltered, more downside?
Weekly Buzz: How does Fed tapering affect markets?
Weekly Buzz: New rally amid a bear market
Weekly Buzz: Market rally faltered, more downside?
Weekly Buzz: How does Fed tapering affect markets?
Weekly Buzz: New rally amid a bear market
Disclaimer:
Comments above are made available for informational purposes only. Before investing, please consult a licensed professional.
Comments above are made available for informational purposes only. Before investing, please consult a licensed professional.
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Weicl : Under such circumstances, we can gradually reduce traditional investments such as securities and commodities and increase our holdings of cash and bonds while worrying about soaring inflation and aggressive interest rate increases.
HopeAlways :
SpyderCall : good job folks!
HopeAlways : The current bear market may be a shorter one as compared to the financial crisis in 2008. This current one is triggered by increasing inflation and rate hikes which dampens market sentiment while the financial crisis in 2008 was much more severe triggered by the collapse of Lehman Brothers.
VCSuccess HopeAlways:
Revelation 6 : Thank you.
VCSuccess HopeAlways: Younger investors can treat this year's steep decline in stocks as a buying opportunity though many would no longer think the Fed will come to the rescue and they are not buying the dips.
Syuee : First, we should define what a financial crisis actually means.
Is it a stock market meltdown like what happened in 2008? Or, is it a recession?
The 2008 crisis was based on an artificial expansion of the monetary system based on excessive leverage of assets held in the shadow banking system.
Real Estate valuations were artificially inflated across the country.
None of these conditions exist today.
But plain old financial crisis are almost always caused by undue amounts of debt being pumped up in a certain part of the economy, which causes an asset bubble, then a burst, and then a crisis.
Each follows a predictable pattern that reflects a non-linear system with multiple parts running out of control.
Cycles are part of economic history. A bear market does not necessarily indicate an economic recession.
Bear markets are historically fantastic opportunities to build wealth for longer~ term investors.
Milk The Cow :
Milk The Cow : I think it may be worst than 2008. One simple common sense = if not majority of the big investors won't be panicking
.
new worst history ever... damn...
My logics are simple=because all are mixed & combined=disaster to stock market/economy:
1. Covid
2. inflation
3. War
4. Interest rate hike
5. Possible recession (I think US ppls already noticed it's coming.)
Of all these are put together, it's just horrible & we may even see
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