Weekly Buzz: The stock market was off to a great start
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 the moomoo platform based on search and message volumes of last week (Nano caps are excluded).
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Buzzing Stocks List & Mooers Comments
The US market ended the first week of 2023 on a high - thanks to a sharp rally last Friday. The S&P500 and Dow gained over 1.5%, while Nasdaq gained 1% over the previous week (as of Jan 06, 2023).
Without further ado, let's dive into the weekly buzzing stock list of last week:
1. TSLA - Buzzing Stars: ⭐⭐⭐⭐⭐
Tesla shares dropped 8.22% last week after it sharply cut prices of the entire Model 3 and Model Y lineup in China (as of Jan 06, 2023).
@sociable Jellyfish_9
Cut in EV prices can help to boost its demand and bring down its competitors if they don’t have the resources to fight a price war. Tesla can actually defend its market share with the price war.
Cut in EV prices can help to boost its demand and bring down its competitors if they don’t have the resources to fight a price war. Tesla can actually defend its market share with the price war.
2. MULN - Buzzing Stars: ⭐⭐⭐⭐
Mullen shares rallied 32.13% last week. However, Mullen recently reported that it has 161.00 million shares sold short, which is 11.69% of all regular shares that are available for trading (as of Jan 06, 2023).
@NorthernTrader
$Mullen Automotive(MULN.US$ they borrowed and sold it. They couldn't get us to sell, unless they create more fake shares we are going up.
$Mullen Automotive(MULN.US$ they borrowed and sold it. They couldn't get us to sell, unless they create more fake shares we are going up.
3. AAPL - Buzzing Stars: ⭐⭐⭐⭐
Apple shares fell 0.24% last week as it faced selling pressure at the end of the year on supply chain concerns related to production constraints (as of Jan 06, 2023).
@ecommerceshares
App Store growth not looking too good… Services as a whole (which includes iCloud etc) better at 7% consensus growth for the December quarter, but Apple needs to enter new services categories.
App Store growth not looking too good… Services as a whole (which includes iCloud etc) better at 7% consensus growth for the December quarter, but Apple needs to enter new services categories.
4. AMC - Buzzing Stars:⭐⭐⭐⭐
AMC shares decreased 5.41% last week after its price target was cut to $4.50 from $7.50 at B. Riley (as of Jan 06, 2023).
@gorgeousevan
I'm convinced conversion and R/S is going to go through. Which I'm all for. I'm curious why APE doesn't have 3 to 4 times more volume than AMC. Seems like the best bet to beat the shorts in the long run.
I'm convinced conversion and R/S is going to go through. Which I'm all for. I'm curious why APE doesn't have 3 to 4 times more volume than AMC. Seems like the best bet to beat the shorts in the long run.
5. NIO - Buzzing Stars: ⭐⭐⭐
NIO shares were trading 6.36% higher last week after it reported December vehicle deliveries of 15,815, representing a 50.8% year-over-year increase (as of Jan 06, 2023).
6. 00700 - Buzzing Stars:⭐⭐⭐
Tencent soared 10.14% over the last week, and reentry into the top 10 clubs comes as some US stocks have suffered (as of Jan 06, 2023).
@Feirre
Tencent and miHoYo firmly occupy the first echelon in the overseas mobile game market.
Read more >>
Tencent and miHoYo firmly occupy the first echelon in the overseas mobile game market.
Read more >>
7. AMZN - Buzzing Stars:⭐⭐⭐
AMZN shares gained 2.48% last week despite its planning to lay off over 18,000 of its employees following an annual review (as of Jan 06, 2023)
@PREMOSULTRAA
AMZN retail isn't free, just "other bets" that are expensive. Bears want to capitalize on losses, and bulls trust management.
AMZN retail isn't free, just "other bets" that are expensive. Bears want to capitalize on losses, and bulls trust management.
8. JSPR - Buzzing Stars:⭐⭐⭐
Jasper Therapeutics jumped 206.46% last week after positive data from the sickle cell disease trial (as of Jan 06, 2023).
@Ripper1986
Please be aware of the numerous pumps and dumps it appears that actors are throwing out on a daily basis.
Read more >>
Please be aware of the numerous pumps and dumps it appears that actors are throwing out on a daily basis.
Read more >>
9. BABA - Buzzing Stars:⭐⭐⭐
Alibaba shares surged 21.92% last week after Chinese regulators reportedly approved a capital raise for Alibaba co-founder Jack Ma's Ant Group (as of Jan 06, 2023).
@JC1616
erm even TA is showing a good pattern but the PE is almost 100, be careful to trade…
erm even TA is showing a good pattern but the PE is almost 100, be careful to trade…
10. MSFT - Buzzing Stars:⭐⭐
Microsoft shares climbed 6.21% last week as DA Davidson analyst initiated coverage of it with a Buy rating and $270 price target (as of Jan 06, 2023)
@ecommerceshares
$Microsoft(MSFT.US$ is down a sweet $100bn in market cap due to the UBS downgrade. Sees 24.5x FCF as “not cheap given <10% revs growth”
$Microsoft(MSFT.US$ is down a sweet $100bn in market cap due to the UBS downgrade. Sees 24.5x FCF as “not cheap given <10% revs growth”
Thanks for reading!![]()
Before moving on to part three, congrats to the following mooers whose comments were selected as the top comments last week!![]()
Note: Reward will be sent to you this week. Please feel free to contact us if there are any problems.
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Winners will get 200 points by next week, with which you can exchange gifts at Reward Club.
*Comments within this week will be counted.
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.
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Syuee : First of all, I’d accept my responsibility that I’ve made the loss.
Loss in stock market are part of game i.e. trading / investing. Every stock is having its low and high.
If it is blue chip stock and I have time, I’d leave it as it is and go on adding some shares when stock falls by more than 10% or so.
Else sell the stock, book the loss and invest in uptrend stock.
Philosophy of stock market is to have more profits n less losses.
However, losses can be minimised by applying stop loss.
Also, analysing technical charts will certainly help.
Alternatively, one can take a break, learn what went wrong and what we could’ve done differently.
We just need to know how to live with losses and ensure it doesn’t go very big.
#LiveToFightAnotherDay
Revelation 6 Syuee: Congratulations on being awarded, again. Your consistency in writing, material, subject matter and presentation are second to none. Your knowledge of the financial and economic subjects lead me to believe that our future is in good hands. Thank you and once again, congratulations!
SuperWonderTrader : First thing in investment is to never put all money in single asset or type of funds. I made 10 buckets: namely- growth, balanced, dividends, cash funds, reit, bluechips, mining, energy, tech stock and cash. Finally distribute it over geographic or market locations.
Even if some of these may lost 50%, the rest hold up. I would wait for market to recover and won’t sell in panic.
Always invest, don’t be afraid, choose right stocks and funds.
Syuee Revelation 6: Thank you, Revelations 6 !
️
May God's light guide your way to greater things this new year. Have a blessed and bountiful 2023 !
Ixy The Cat : "What would you do if you lost half of your investment?
Had a horrible record with $Advanced Micro Devices(AMD.US)$ in 2022 with the stock effectively now half the price of what I paid for. With such a price difference, averaging down is not a viable option because it would mean putting in a lot of money to just try to break even, and that would be poor allocation of investable funds in terms of weightage.
The solution for me to cover the paper loss of half my investment in $Advanced Micro Devices(AMD.US)$ was to set aside the amount already spent. Instead of hoping and waiting for the stock to rise, I continued to trade the stock actively within the prevailing price ranges, chalking up small and frequent profits and chipping away the paper loss. So far, I have brought down the paper loss to about 20%.
Takeaways:
1) Never buy a stock and go for a holiday without a stop loss order! Learnt an expensive lesson here.
2) Always keep a reserve pool of funds on hand to correct trading mistakes. By continuing to trade afresh with fresh funds, opportunities can arise to mitigate the paper losses that were incurred. Monitor price spikes to cut losses or reduce positions.
杰曼 : Life goes on, the capital you placed in your investment portfolio should be the extraneuos money you are willing / afford to lose without affecting your daily or emergency use.
Re-analyse what went wrong and avoid repeat the same mistake, control emotions and keep greed off your mind. It is the money paid for lessons learnt in the investment journey. Be humble and start all over again with growth in wisdom.
i short the sheriff : never leave a position without a hedge. hedge = cost but will benefit over time and most important thing is it will make you sleep better.
afarty : i will take 5 minutes to digest and face reality. then i will ask my sugar mummy to top up
#dreaming
Lol_Lol : I Will Laugh
Jhon George : Will depend on how long I've been holding the investment. If it is short term loss i would still hold on and maybe buy more if the stocks are of good. quality, but if it was a long term loss then obviously ive made. the wrong choices and will cut my losses hopefully get a tax break and get right back in.
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