Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
Monthly Journal: Traders' Insights Wanted!
Views 191K Contents 3258

Monthly Buzz: Is September a tough month for stocks?

avatar
Popular on moomoo joined discussion · Sep 29, 2022 21:13
Hey, mooers!
Welcome back to Monthly Buzz.
Such a tough September, right? Historically, September has been the worst month of the year for stocks. It has been called the "September effect". Data from CFRA, a market research firm, shows that only two months, February and September, have averaged negative returns for the stock market since 1945 (Source: CNBC). Can the following buzzing stocks break the spell? Let's check it out!
Buzzing Stocks List
Data as of Sep 01 – Sep 29, 2022
Data as of Sep 01 – Sep 29, 2022
1. TSLA – Buzzing Stars: ⭐⭐⭐⭐⭐
Sep 07: Tesla shares climbed 3.38% as it tripled deliveries of China-made cars in August.
Sep 14: Tesla shares closed 3.59% higher after US President Biden announced the approval of $900 million to build EV charging stations.
Sep 22: Tesla shares were trading 4.06% lower following the Fed's decision to raise interest rates by 75 basis points.
2. AMC – Buzzing Stars: ⭐⭐⭐⭐
Sep 09: AMC shares rose 12.5% higher following CEO Adam Aron thanking the movie theatre operator's shareholders for their support as rival Cineworld filed for bankruptcy.
Sep 12: AMC shares were trading 5.14% higher amid continued retail investor interest.
Sep 26:AMC stock fell 14.52% after the company entered into an equity distribution agreement.
3. AAPL – Buzzing Stars: ⭐⭐⭐⭐
Sep 09: Apple shares were up 1.88% after it unveiled new products at its September product launch event.
Sep 12: Apple shares were trading 3.85% higher following positive commentary from Wedbush analysts regarding the demand for the company's new iPhone 14.
Sep 19: Apple shares jumped 2.51% after announcing that prices of App Store apps and in-app purchases would increase in all countries and territories that use the euro.
4. NIO – Buzzing Stars: ⭐⭐⭐⭐
Sep 9: NIO shares soared 8.37% following slower-than-expected China inflation data.
Sep 12: NIO shares were trading 13.52% higher after Deutsche Bank reportedly reiterated the stock as a top China pick.
Sep 21: NIO stock dropped by 10.34% amid overall weakness in Chinese stocks.
5. NVDA – Buzzing Stars: ⭐⭐⭐
Sep 01: Nvidia stock dropped 7.67% as the US limits exports to China.
Sep 13: Shares of NVDA plummeted 9.47% after the Biden administration planned next month to broaden curbs on US shipments to China of semiconductors used for artificial intelligence and chipmaking tools.
Sep 22: As economic slowdown could cause weakness in end markets and impact seimiconductor and chip demand, NVDA shares fell 2.30%.
6. MULN – Buzzing Stars: ⭐⭐⭐
Sep 01: Mullen stock fell 4.66% despite new Air-to-Water EV tech.
Sep 09: Mullen acquired controlling interest in EV startup Bollinger Motors, dragging its price down by 7.57%.
Sep 22: Mullen's CEO sold 750,000 shares of the company's stock, leading to a 9.58% down in price.
7. BABA – Buzzing Stars: ⭐⭐⭐
Sep 12: Alibaba shares were trading 2.77% higher amid overall strength in US-listed Chinese stocks.
Sep 13: Alibaba shares dropped 5.51% as a worse-than-expected US inflation rate caused global macro concerns.
Sep 23: Alibaba shares slipped 2.37% as it said it would invest $1B over next three years to boost cloud customers.
8. AMD – Buzzing Stars: ⭐⭐⭐
Sep 08: AMD shares were trading 3.98% higher after Stifel initiated coverage on the stock with a Buy rating.
Sep 13: AMD stock declined by 8.99% on reports that the US will further restrict US chip shipments to China.
Sep 20: AMD said demand for PCs was getting worse, sending the company's shares down 1.98%.
9. GME – Buzzing Stars: ⭐⭐⭐
Sep 08: GameStop stock jumped 7.45% after the retailer's narrower quarterly loss.
Sep 09: GME soared 11.96% after it reported better-than-expected Q2 EPS results.
Sep 13: GameStop fell 4.75% as its head of blockchain, Matt Finestone, left to pursue other opportunities.
10. AMZN – Buzzing Stars: ⭐⭐
Sep 09: Amazon stock increased by 2.66% after it acquired Cloostermans, a company that build warehouse machinery and robotics.
Sep 13: Amazon shares were trading 7.06% lower after August CPI data showed greater-than-expected US inflation.
Sep 21: Shares of AMZN were trading 3% lower amid raised fears of slowing economic growth.
Source: All the news events mentioned above are from moomoo news, and the % chg are from moomoo quotes.
That's all for Monthly Buzz. Thanks for reading. Heart
Disclaimer: 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 >> moomoo社区活动内容免责声明-富途moomoo帮助中心
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
1
5
1
26
+0
1
Translate
Report
196K Views
Comment
Sign in to post a comment