Weekly Buzz: Stock market rebounds. Will it last?
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 2.73% last week (As of Jul 22, 2022). Here is the weekly buzzing stock list of last week:
Three major indices moved upward, Russell 2000 Index increased 2.73% last week (As of Jul 22, 2022). Here is the weekly buzzing stock list of last week:
1. TSLA - Buzzing Stars: ⭐⭐⭐⭐⭐
Tesla released its Q2 2022 financial results and beat market expectations by a considerable margin despite facing many difficulties. TSLA's stock climbed 13.40% to $816.730 for the week (As of Jul 22, 2022).
● Mooer comment
@SANDRO 善子:
Why Tesla share price rise?
1. This stock is in Golden+ Phase
2. Achieving good earning results
Why Tesla share price rise?
1. This stock is in Golden+ Phase
2. Achieving good earning results
2. AMC - Buzzing Stars: ⭐⭐⭐⭐
AMC announced it had repurchased $72.5 million of debt at a 31% discount. Its share price gained 0.85% and closed at $15.500 (As of Jul 22, 2022).
● Mooer comment
@Roukou:15 Min RSI on AMC SUPER OVERSOLD!
All RSI indicators are flashing Oversold now. Just sit back and enjoy the weekend. The algorithm is trying to scare you by releasing selling pressure to make weekly call options OTM at $16, and now AMC is way oversold. Time for a bounce next week!
Read more >>
All RSI indicators are flashing Oversold now. Just sit back and enjoy the weekend. The algorithm is trying to scare you by releasing selling pressure to make weekly call options OTM at $16, and now AMC is way oversold. Time for a bounce next week!
Read more >>
3. SPY - Buzzing Stars: ⭐⭐⭐⭐
The price of SPY closed at $395.090, with a weekly growth of 2.59% (As of Jul 22, 2022).
● Mooer comment
@Cow Moo-ney: Bearish divergence
Just to highlight, there is a bearish divergence spotted on SPY as we enter yet another crucial week (FOMC, mega tech companies’ earnings)
Just to highlight, there is a bearish divergence spotted on SPY as we enter yet another crucial week (FOMC, mega tech companies’ earnings)
4. AAPL - Buzzing Stars:⭐⭐⭐⭐
Apple was set to report earnings this week against the backdrop of an economic downturn and a plan to slow hiring. Its stock price closed at $154.090, with a weekly rise of 2.61%. (As of Jul 22, 2022).
● Mooer comment
@Cow Moo-ney:
It seems like Apple has some room to fall - to the low 140s range, and could even hit 130s range IF the broader marker wants to head down.
It seems like Apple has some room to fall - to the low 140s range, and could even hit 130s range IF the broader marker wants to head down.
Upcoming Live: AAPL Q3 2022 Earnings Conference Call
5. NFLX - Buzzing Stars: ⭐⭐⭐
Netflix lost fewer subscribers than expected and said a cheaper ad tier would be coming in early 2023. NFLX 's stock soared 16.57% to$220.440 for the week (As of Jul 22, 2022).
● Mooer comment
@JM investor:
$Netflix(NFLX.US$ is consolidating, and moving sideways. The MA30 is still far from the the current price, and the slope is moving downwards. I won't buy it at this moment. Shall continue to let it settle down and close the gap between MA30 with the price.
$Netflix(NFLX.US$ is consolidating, and moving sideways. The MA30 is still far from the the current price, and the slope is moving downwards. I won't buy it at this moment. Shall continue to let it settle down and close the gap between MA30 with the price.
6. GME - Buzzing Stars:⭐⭐⭐
GameStop's stock split 4 for 1 after the market closed last Thursday and began trading at the new split-adjusted price last Friday. The share price of GME closed 1.04% higher to $35.780 for the week (As of Jul 22, 2022).
● Mooer comment
@SpyderCall: GameStop was looking strong after open. But be wary of the long-term down trending resistance
I've highlighted the long-term downtrending resistance by the light Blue line in the chart below. today the price of GameStop did pass above This level but currently is rejecting the level as it has come back down below it.
I've highlighted the long-term downtrending resistance by the light Blue line in the chart below. today the price of GameStop did pass above This level but currently is rejecting the level as it has come back down below it.
7. QQQ - Buzzing Stars:⭐⭐⭐
Clearwater Capital Advisors LLC grew its position in shares of Invesco QQQ Trust by 15.6% during the first quarter. The price of QQQ went up 3.47% to $301.990 over the past week (As of Jul 22, 2022).
$Invesco QQQ Trust(QQQ.US$ 320 as my top. I started shorting today, ~303.3 is a good fib wave extension, but the charts say this can go up a little more, especially if it cools off as it goes. 311 then 314 then 320 are the levels I'm watching for reversals
8. WIMI - Buzzing Stars:⭐⭐⭐
WIMI Hologram Academy, working in partnership with the Holographic Science Innovation Center, has written a new technical article describing its exploration of the application of VR in the construction of digital libraries. The share price of WIMI fell 5.58% to $1.860 for the week (As of Jul 22, 2022).
● Mooer comment
@Andrew Warren:
WIMI is a very long play and investors will be rightly rewarded. The partnerships are growing in diverse categories with major companies. Going to be a worldwide household name.
WIMI is a very long play and investors will be rightly rewarded. The partnerships are growing in diverse categories with major companies. Going to be a worldwide household name.
9. NVDA - Buzzing Stars:⭐⭐⭐
Nvidia got a boost this week after the Senate voted to pass the Chips for America Act that would provide subsidies for semiconductor companies. The shares of NVDA jumped 9.88% last week and finally closed at $173.190 (As of Jul 22, 2022).
● Mooer comment
@BrandonnW: Nancy Pelosi's Husband Is Buying Nvidia Stock -- Should You?
Drama and scrutiny have flooded the internet over the past few days as investors learned that Nancy Pelosi's husband, Paul Pelosi, had exercised stock options to purchase shares of semiconductor heavyweight Nvidia.
Read more >>
Drama and scrutiny have flooded the internet over the past few days as investors learned that Nancy Pelosi's husband, Paul Pelosi, had exercised stock options to purchase shares of semiconductor heavyweight Nvidia.
Read more >>
10. SQQQ - Buzzing Stars:⭐⭐
The price of SQQQ closed at $46.080, with a weekly decline of 10.77% (As of Jul 22, 2022).
● Mooer comment
@Mike Hunt: Parabolic SAR over last 2 months
$ProShares UltraPro Short QQQ ETF(SQQQ.US$ Zooming out a bit, I’m seeing a trend overall that is going up with a SAR trend within the time frame. i think we will be seeing a bunch of green circles in a row under candles in the VERY near future.
$ProShares UltraPro Short QQQ ETF(SQQQ.US$ Zooming out a bit, I’m seeing a trend overall that is going up with a SAR trend within the time frame. i think we will be seeing a bunch of green circles in a row under candles in the VERY near future.
Before moving on to part three, congrats to the following mooers whose comments were selected as the top comments last week!
@Syuee @HopeAlways @Milk The Cow @steady Pom pipi @polarsday @KT88 @lightfoot @HuatEver @HuatLady @Double Rainbow @Southern Eagle @ur wifes boyfriend @cola1010 @ZenTime @VCSuccess
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!
This week, we'd like to invite you to comment below and share your idea on:
How to find undervalued stocks?
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 to find undervalued stocks?
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
Disclaimer: Comments above are made available for informational purposes only. Before investing, please consult a licensed professional.
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This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Tap for more details >>
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Milk The Cow :
Milk The Cow : I think the stock market rebounced may not last as it may be dragged down by advertising companies stock
. Who knows 
, will need see those advertising companies result first 
. But we know that $Snap Inc (SNAP.US)$ has done quite badly 
.
.
. There may be new adjustment to it due to uncertainty in a bad economy 
.
Market will be quite volatile & so it quite hard to decide the direction
We find an undervalued stock with it's instrinc value (IV)
HopeAlways : The price-to-book valuation is one valuation tool for spotting undervalued stocks. Finding stocks trading below book value per share can sometimes turn up companies that are undervalued and worth further analysis. In accounting jargon, book value is a company's total assets minus liabilities and is sometimes referred to as shareholders' equity. The catch is that these companies may not have typically have a great record for generating high returns, which is one reason they are trading below the value of their net assets.
Syuee : Finding undervalued stocks isn’t just about finding cheap stocks.
The key is to look for quality stocks at prices under their fair values, rather than thrashy stocks at a super low price.
The difference is that good quality stocks will rise in value over the long term.
Many traders / investors like to mimic Warren Buffett’s strategy, which has always been about finding undervalued stocks and those with the potential to grow over the long term.
Remember, one should always gather the right financial information about a stock we are looking to trade and not make decisions based on personal opinions alone.
The undervalued stocks are like the underdogs~ of the stock market.
Stocks become undervalued for different reasons:
- changes to the market
- market crashes
- corrections could cause stock prices to drop
- the sudden bad news
- negative press
- economic, political / social changes
- cyclical fluctuations
To find undervalued stocks, we can use fundamental and/or technical analysis.
Fundamental analysis is a method of evaluating the value of an asset by studying external events and influences, as well as financial statements and industry trends.
TA is a means of examining and predicting price movements using historical charts and statistics.
Generally, one should use both methods, together, to find undervalued stocks, as this will give the most complete picture of the market.
Bear markets are the best markets to find undervalued stocks. Buffett always like bear markets, so do I.
There are plenty other clues that may help us to know that a particular stock is undervalued.
#TreasureHuntIsOn
HopeAlways Syuee: Undervalued stocks have the potential to deliver significant growth when market conditions improve.
Syuee HopeAlways: A lower price-to-book ratio could indicate that a stock is undervalued. Especially, when comparing two stocks with similar growth and profitability, P/B can be useful for determining which is the best value at a given time.
steady Pom pipi :
doctorpot1 : 2 words, seek fear. The more extreme the fear the better.
There are just too many stocks in the stock market to analyse each and everyone of them to find which are undervalued. So one great way to help you narrow the search is to SEEK FEAR. When everyone is selling like crazy, that is when you will find amazing deals.
Just like when covid hits, many investors sell their stocks and start to buy gloves companies, WFH companies. That is when all the REIT became a steal with PB hitting as low as 0.5. Reversal happens and now the REITs are back to its former glory.
Chinese ADS also have tons of extreme fears, everyone is selling and selling. with all companies having a PE ratio that is a fraction of the "frothy" US stocks. There are tons of great undervalued companies in the mix.
With stocks there are some companies that garnered extreme hate among retail investors. The more trash talk they speak of the companies, the more they say they are shorting the companies, the more fear they create; That's where great undervalued companies could be found.
So follow fear and follow hate, for it will help guide you to narrow your search to find the diamond in the rough.
Jonathan Rio : Going down is easier than going up. Gravity
steady Pom pipi Syuee:
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