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Weekly Buzz
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Weekly Buzz: False hope in a market rally

Spoiler:
At the end of this post, there is a chance for you to win points!
Source: Giphy
Source: Giphy
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.)
Make Your Choices
Buzzing Stocks List & Mooers Comments
The US stocks ended lower last week after the previous exceptional rally. The Nasdaq ended 0.78% lower, while S&P 500 lost 0.32% for the week (As of Nov 18, 2022).
Without further ado, let's dive into the weekly buzzing stock list of last week:
Weekly Buzz: False hope in a market rally
1. TSLA - Buzzing Stars: ⭐⭐⭐⭐⭐
Tesla has recalled about 30,000 Model X cars in the U.S. Over airbag issues. Its shares had closed 8.05% lower over the last week (as of Nov 18, 2022).
@pachi
TSLA has a 4HR GAP 180/184. I think we may see TSLA head over to 182.75, then this will come to test 176.55 and if this breaks head over to 168.40
Read more >>
2. AMC - Buzzing Stars: ⭐⭐⭐⭐
AMC stock soared 5.42% last week after the big 'Black Panther: Wakanda Forever' opening (as of Nov 18, 2022).
@MULN HODLER
Consolidation at this level after a run up is normal,. LetRSI cool down, then it should rocket up to 12$ level.
3. SPY - Buzzing Stars: ⭐⭐⭐⭐
The price of SPY declined by 0.62% amid economic concerns and recent hawkish Fed comments (as of Nov 18, 2022).
@Asphen
The line in the sand is 390 indeed. Important to note that if breaks below 390, there is a big gap and little support to hold and will likely go all the way to 380 and then 373.
4. AAPL - Buzzing Stars:⭐⭐⭐⭐
Apple CEO Tim Cook recently addressed his company's hiring practices, sending its price up 1.06% last week (as of Nov 18, 2022).
@FiveHundredCents
$Apple(AAPL.US)$ is preparing to begin sourcing chips for its devices from a plant under construction in Arizona, marking a major step toward reducing the company’s reliance on Asian production.
Read more >>
5. QQQ - Buzzing Stars: ⭐⭐⭐
The price of QQQ fell 1.09% last week as the producer price index rose 0.2% in October and was below the 0.4% estimate (as of Nov 18, 2022).
@iamiam
Something to look out for, qqq may do a sell down when it approaches 292 and nearer to 294, because it was a resistance zone, it may sell down from there back below 280 for another run past 294.
Read more >>
6. NVDA - Buzzing Stars:⭐⭐⭐
Nvidia Corp shares were trading 5.62% lower last week after the company reported financial results. Its third-quarter revenue decreased 17% YoY, which beat average estimates (as of Nov 18, 2022).
@JC1616
$NVIDIA(NVDA.US)$ the expectations of Revenue and EBIT are lower than usual a lot but still not able to hit. PE is above 50, nothing will help to pull it back …
7. NIO - Buzzing Stars:⭐⭐⭐
Barclays analysts maintained NIO as Overweight and lowered the price target from $19 to $18, sending its price down 9.43% last week (as of Nov 18, 2022).
@Teck Wang Pang
Just need time to recover. If we are doing biz it is not easy, and we can't just give up easily and sell it when we face problems, there are always up and down that is how biz survive and make it stronger.
8. BABA - Buzzing Stars:⭐⭐⭐
Alibaba surged 13.72% last week after a big Q3 EPS beat. BABA's quarterly revenue increased by 3% over the sam period last year (as of Nov 18, 2022).
@Cow Play Cow Moo
It’s normal for short term trader to take profit as its been rising too fast. If drop more, I will buy more. Because i know it will double or more within 5 years for sure!
9. SE - Buzzing Stars:⭐⭐⭐
Sea shares climbed 15.19% last week after it reported better-than-expected financial results. Its top-line results were up 17.4% YoY (as of Nov 18, 2022).
@yokim
With the stock trading at a significantly lower valuation, it certainly bolsters the bullish case for the stock if management delivers on its goal.
Read more >>
10. AMZN - Buzzing Stars:⭐⭐
Amazon was reducing about 10,000 corporate employees, dragging its share price to fell 6.60% over the last week (as of Nov 18, 2022).
@hello I
Stock went down due to internal staff selling shares. Target price by end of November $120; support at $93.
Thanks for your reading!
Awarding Moment
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.
Weekly Topic
Time to be rewarded for your great insights and knowledge!
Thanks for the topic that came up with @lastnite24
"Will your investment strategy change in the coming year after a year of primarily downward trends?"
Comment below and share your ideas!
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.
Previous of Weekly Buzz
Weekly Buzz: False hope in a market rally
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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  • Popular on moomooOP :   undefinedTime to be rewarded for your great insights and knowledge!
    undefined  "Will your investment strategy change in the coming year after a year of primarily downward trends?"
      Comment below and share your ideas!

  • HopeAlways : Long-term investing is still the best investment strategy to beat the market. History shows that the most dependable way to create wealth is to take a long-term approach to investing. The stock market can gain and lose value in unpredictable ways, but the best way to cope with volatility is patience. A patient investing approach prioritises buying and holding quality companies for the long term.  This is how one can accrue significant monetary gains without spending overwhelming amounts of time sweating over one's portfolio.

  • Syuee : My long term investment strategy shall remain in the coming year.

    Investing in stocks and holding them is one of the best ways to grow wealth over the long term.

    Investing long-term cuts down on costs and allows us to compound earnings which we receive from dividends.

    Investing for the long-term also means, I will frequently employ certain basic strategies to help meet my goals, such as reinvesting the dividends my stocks earn and dollar-cost averaging on a consistent basis over time.

    Also, I will invest a fixed dollar amount on a regular basis to avoid investing too much when the market is high, and too little when the market is low.

    The best investment strategies are those that work best for our personal objectives and risk tolerance.

    The best strategy is the one that works best for you.

    Buy Right, Sit Tight !! undefined
    
Always invest for the long term.

    #BePatient
    #GoodThingsTakeTime

  • HopeAlways Syuee: Taking a long-term approach to investing is still thr simplest and most dependable way to achieve substantial portfolio returns.

  • Syuee HopeAlways: Long-term investing is likely to lead to meaningful wealth creation in the long run.

    Long term investing is less time-consuming as investors need not monitor markets for small fluctuations on a daily basis. undefined

  • Milk The Cow : Already adjusted my strategies. Only waiting for the timing to come 🐇 undefined.
    I expects it to be bad but not really sure if it'll surpass my prediction...undefined

    But so far, it seems to be slower than what i predicted...undefined

  • Milk The Cow :

  • 103047546 : amc to the moon?

  • VCSuccess HopeAlways: Any company in which we invest should have a high-quality business and trade at a valuation that leaves room for long-term growth. If we understand a particular sector well and are knowledgeable about the current developments in the space, then it makes sense to invest more of our money in that sector.

  • HuatEver HopeAlways: Very sound advice to have a long term mindset instead of speculating on short term scores. The short term approach can be extremely risky as it is tough for investors to time a volatile market, especially during peak recessions and economic downturns.

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