Weekly Buzz: meme-stock craze remains intact
Spoiler:
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 4.57% last week (As of Aug 12, 2022). Here is the weekly buzzing stock list of last week:
1. AMC - Buzzing Stars: ⭐⭐⭐⭐⭐
AMC shocked the world by announcing a new listed preferred share under the ticker symbol APE at its recent quarterly earnings call. AMC's stock surged 10.19% to $24.440 for the week (As of Aug 12, 2022).
Mooer comment
step 1: dump millions of shares within a short period to drop the price from 26 to 24 and make it seem like a downtrend to incite fear.
step 2: set a huge buy limit at 24 and start covering shorts between 24.01-24.10 and maintain the price there by trading with itself
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step 2: set a huge buy limit at 24 and start covering shorts between 24.01-24.10 and maintain the price there by trading with itself
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2. TSLA - Buzzing Stars: ⭐⭐⭐⭐
Musk sold another $6.9 billion of Tesla ahead of the Twitter trial. Besides, Tesla readied a 3-for-1 stock split on Aug 24. Its share price climbed 4.12% and closed at $900.090 (As of Aug 12, 2022).
Mooer comment
@SpyderCall: MORE TESLA HEADLINES TO JUSTIFY THIS SHORT-TERM DOWNTREND.
Once we break above this very short term downward price channel, that I've highlighted by the light blue trend lines, then I will probably enter into a long position as I will assume the dip is over.
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Once we break above this very short term downward price channel, that I've highlighted by the light blue trend lines, then I will probably enter into a long position as I will assume the dip is over.
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3. MEGL - Buzzing Stars: ⭐⭐⭐⭐
Magic Empire went public at $4 per share. This stock shot to nearly $250 per share last Monday, an overall gain of more than 6,000%. However, its stock price closed at $8.220, with a weekly drop of 91.53% (As of Aug 12, 2022).
Mooer comment
@Piggy Bank Trader:
It may not be a bad idea to avg down if you have the money. Lets say you bought 20 shares at $100 each/2000. if you would invest another $2000 then you could buy 245 shares for 265 shares, 4000 investmnet new avg of ONLY $15.10 a share.
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It may not be a bad idea to avg down if you have the money. Lets say you bought 20 shares at $100 each/2000. if you would invest another $2000 then you could buy 245 shares for 265 shares, 4000 investmnet new avg of ONLY $15.10 a share.
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4. HLBZ - Buzzing Stars:⭐⭐⭐⭐
Helbiz announced a new partnership with Universal Pictures, by which users can win tickets to Minions 2: The Rise of Gru. As meme stock rallied, HLBZ 's stock soared 69.31% to $1.270 for the week (As of Aug 12, 2022).
Mooer comment
@Alvinnnnnnn89:
Ceo will not talk big of shorts if they are to report a loss upcoming earning call unless he is an actor but he is too confident to screw the shorts. Now shorts trying to cover at this discount price
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Ceo will not talk big of shorts if they are to report a loss upcoming earning call unless he is an actor but he is too confident to screw the shorts. Now shorts trying to cover at this discount price
Read more >>
5. AAPL - Buzzing Stars: ⭐⭐⭐
Investors responded positively to a Bloomberg report that Apple was asking suppliers to build as many of the next-generation iPhones this year. AAPL 's stock gained 4.08% to $172.100 for the week (As of Aug 12, 2022).
Mooer comment
@boardndahouse18:
So $Apple(AAPL.US$blocking $Meta Platforms(META.US$so they can can bank on ads... Sounds about right. $Apple(AAPL.US$will straight up okie doke the competition and partners in a minute to make bank... Definite buy
So $Apple(AAPL.US$blocking $Meta Platforms(META.US$so they can can bank on ads... Sounds about right. $Apple(AAPL.US$will straight up okie doke the competition and partners in a minute to make bank... Definite buy
6. SPY - Buzzing Stars:⭐⭐⭐
The S&P 500 recorded its fourth straight weekly gain, helped by energy and materials. The price of SPY closed at $427.100, with a weekly growth of 3.30% (As of Aug 12, 2022).
Mooer comment
@SpyderCall: WATCH OUT FOR THE SHORT-TERM RESISTANCE
you can see by this volume candle that the short-term traders are stepping in at this previous high which is a resistance level on the short-term Outlook. I have a long position as a day trade but I'm waiting to see which direction the market chooses at this resistance level then I will manage my trade accordingly
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you can see by this volume candle that the short-term traders are stepping in at this previous high which is a resistance level on the short-term Outlook. I have a long position as a day trade but I'm waiting to see which direction the market chooses at this resistance level then I will manage my trade accordingly
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7. GME - Buzzing Stars:⭐⭐⭐
GameStop leveraged its partnership with layer-2 blockchain Immutable-X to add gaming-based NFT collections to its platform. GME's stock rose 1.80% to $40.740 for the week (As of Aug 12, 2022).
@z utterback:
$GameStop(GME.US$ taking an active step in protecting the investment from manipulation. once all shares are DRSed the manipulation will be in the light. it may take time but this is an investment.
$GameStop(GME.US$ taking an active step in protecting the investment from manipulation. once all shares are DRSed the manipulation will be in the light. it may take time but this is an investment.
8. QQQ - Buzzing Stars:⭐⭐⭐
FT Forsyth & Company Inc. increased its position in shares of Invesco QQQ Trust by 16.3% in the first quarter. Besides, Nicolet Bankshares Inc. also raised its stake in QQQ. The price of QQQ went up 2.69% to $330.390 over the past week (As of Aug 12, 2022).
Mooer comment
@iamiam:
I believe oil & stocks will pull back - maybe this week, and then continue another BULLISH run as the markets (QQQ) especially the Nasdaq start to FALL
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I believe oil & stocks will pull back - maybe this week, and then continue another BULLISH run as the markets (QQQ) especially the Nasdaq start to FALL
Read more >>
9. SQQQ - Buzzing Stars:⭐⭐⭐
The price of SQQQ plunged 8.27% last week and finally closed at $34.290 (As of Aug 12, 2022).
Mooer comment
@Cow Moo-ney:
Am trying to digest the news that Nvidia put out yesterday. With the massive drop in revenue in their gaming section, the PE ratio looks quite high at the moment. Wall Street may also be digesting this piece of news and scrambling to revise their estimates and numbers.
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Am trying to digest the news that Nvidia put out yesterday. With the massive drop in revenue in their gaming section, the PE ratio looks quite high at the moment. Wall Street may also be digesting this piece of news and scrambling to revise their estimates and numbers.
Read more >>
Thanks for your reading!![]()
Before moving on to part three, congrats to the following mooers whose comments were selected as the top comments last week!
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 do you spot new investment trends?
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
Disclaimer: Comments above are made available for informational purposes only. Before investing, please consult a licensed professional. 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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HopeAlways : Dedicating time to identifying and following new investment trends can be a tricky business. Not too long ago, 3D printing and ESG-focused stocks were all the rage. Unfortunately many tickers associated with those categories have failed to prosper. But that is not to say recognising current trends cannot be a valuable endeavor. Inflation, infrastructure development and passive income generation are big topics on investors' radar these days. The more important issue, though, is finding quality stocks that have exposure to these trends.
doctorpot1 :
Syuee : The market trend for tomorrow lays in the future and anyone who says that they can do so are claiming that they can predict the future, which is blasphemy.
Yes, I know there will be people who claims that it is possible by using TA to identify some patterns. Yes, but it is not 100% true.
Well, even the astrologers uses that excuses by saying his/her predictions are based on the movement of celestial bodies.
Some possible (non-guaranteed) ways to spot a new trend:
- Look around you at what is happening to identify trends
Eg.
- Consumers cannot shop (COVID-19) hence the growth in home delivery.
-Consumers are working from home hence the growth in video conference platforms like Zoom and/or Microsoft Teams
- Consumers are watching more TV at home hence the growth in Netflix and Disney Plus.
Look for the underlying trends and shifts in habits to understand emerging patterns and how these changes might unleash new commercial opportunities.
Another way to spot new trend :
- Politics is the source of a country's business and business creates new trends.
So politics is really important to take note, as the ones who apply it are businesses. The ones who create it are politicians. Because politics control all money and businesses.
Hence, by paying attention to politics, based on who is in power determines which trends may exist.
They may not be powerful trends. But the longer a business is done in a certain way, certain trends are dominant.
Technical Analysis, Fundamental Analysis, and Risk Analysis are all important for the most reliable and accurate interpretation on stock charts.
This is NOT predicting, this is using the information at hand to recognize certain patterns of behavior that ends with common results.
I like to talk to knowledgeable people, read widely and think deeply~ in order to spot the next, new investment trend.
HopeAlways Syuee: It is often difficult to identify market trends if one were to rely on news and headlines. By the time reporters figure out what is going on in the stock market, the best part would be over.
Syuee HopeAlways: Trend is our BFF : history tends to repeat itself.
Probably the best way to spot an emerging trend is to go through the market’s historical price pattern and compare it with a current situation.
People’s reactions almost never change, so we may predict that today, traders may react in a similar way they did in the past, when faced with the similar market events.
steady Pom pipi : I always miss it, and when I find out, I'm already one step behind.
ur wifes boyfriend : AMC,Ape, Gme have the best chance of squeezing to high numbers. investors must buy and hold shares. if you sell you are throwing in the towel and letting the shorts win. Pay back time for taking away the squeeze last year.
Milk The Cow :
Milk The Cow : Set alert
if it is an IPO + DYODD before the IPO.
.
. Instead, it may follow the trend... But valuation give u an idea of its worth value 
.
Use indicators to spot the lowest trend for any new position u wanna to hold
Check for valuation but sometime market does not like to follow valuation
1Coin : too the moooon
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