Weekly Buzz: Stock market continues to heat up and the earnings season is coming
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Happy Tuesday, 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).
Make Your Choices
Buzzing Stocks List & Mooers Comments
The Nasdaq was the outperformer for last week, posting a 0.55% gain and its third positive week in a row. The Dow finished the week lower by 2.70%, and the S&P posted a 0.66% loss. (as of Jan 20, 2023).
Without further ado, let's dive into the weekly buzzing stock list of last week:
1. TSLA - Buzzing Stars:
Tesla introduced marketing actions and cut prices globally by up to 20%. The share price of TSLA climbed 9% over the previous week (as of Jan 20, 2023).
I read the DATA, but I don’t do predictions: what will happen in the market will be supported or not by that data. THEN I will decide IF, WHEN, HOW and HOW MUCH to increase or cut my TSLL position and turn the profits into a 33% discount to new TSLA stocks.
2.GNS - Buzzing Stars:
GNS shares rocketed 583% last week as the company appointed former F.B.I. director to investigate alleged naked short selling (as of Jan 20, 2023).
I hope there is enough left in the tank to punch through the top of this....let's do what needs be doing OK. Bring in the volume my friends.
3. AMC - Buzzing Stars:
AMC shares soared 9% last week and the company's CEO tweeted "We know popcorn and we value our 890,000 AMC Investor Connect members. So to celebrate, our U.S. moviegoer members will get a free Gourmet Oreo Popcorn." (as of Jan 20, 2023).
January 28th is the 2 year anniversary of the GAMESTOP short squeeze that was fraudulently stopped. It looks like I should also make myself add on AMC
4. BBBY - Buzzing Stars:
Bed Bath & Beyond Q3 2022 Earnings Conference Call is scheduled on January 10, 2023 at 08:15 AM ET. The share price of BBBY decreased 8% last week (as of Jan 20, 2023).
The market is unpredictable, so don't be surprised if we bounce right back and have a good run today!
5. AAPL - Buzzing Stars:
AAPL shares gained 2% last week when the company launched the second generation HomePod Speaker (as of Jan 20, 2023).
If Apple drops below 110, it's the time for me to put 90% of my cash into the US stock market.
6. NFLX - Buzzing Stars:
Netflix surged 7% after Q4 earnings.The results show that its Q4 revenue was $78.5 billion, a year-on-year (YoY) increase of 2%. Net profit for Q4 2022 was $55 million, a YoY decrease of 90.9%. Its share price increased 3% over the past week (as of Jan 20, 2023).
Netflix may lead the pack and we may see a “tech rally”.
7. AMZN - Buzzing Stars:
Amazon plans a $35 billion AWS data center expansion. AMZN shares were trading flat at minus 1% last week (as of Jan 20, 2023).
Amazon is nothing but an independent post office that's part of the infrastructure and a major player in building a great economy.
8. 00700 - Buzzing Stars:
Tencent shares were up 5% last week when Jefferies adjusted Tencent’s price target to HK$453, keeps at buy level (as of Jan 20, 2023).
Technical Outlook for Tencent
9. BABA - Buzzing Stars:
BABA shares rose 2% last week, and Wealthtrust Asset Management made a new $534,000 investment in Alibaba group holding limited (as of Jan 20, 2023).
Looking strong judging from strong institutional holding and option activity. Expect better quarters ahead after some not so attractive quarters.
10. MULN - Buzzing Stars:
MULN shares were trading lower by 17% this week. Genius Group has formed an “Illegal Trading Task Force” and now MULN shareholders are asking for the same. Its shareholders have created a petition with more than 2,300 signatures. (as of Jan 20, 2023）
I guess it confirmed by investor relations that CEO David signed CEO vs Short company movement.
Thanks for reading!
Before moving on to part three, congrats to the following mooers whose comments were selected as the top comments last week!
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This week, we'd like to invite you to comment below and share your ideas on:
Does inflation impact younger and older investors differently?
Comment below and share your ideas!
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51 Comments · 230K Views
HopeAlways : Lower income households will be harder hit by inflation as they spend a higher proportion of their household budget on food, housing and energy costs. And lower incomes are typically more common among younger age groups who on average earn less than their older colleagues.
Milk The Cow :
codygmoney : learn a trade
RJBoy : Looks like The Meme stocks are trying to make a come back. I know many people still holding on waiting for the squeeze of a lifetime.
I definitely think inflation hits the older and younger demographics differently. The older generation have been through tough times before and may know how to handle it better. Although the older generation may also be less risk tolerant since they need to save their income as they are closer or already in their retirement years. Paying more for the items that were cheaper years/ a year ago can definitely ruin anyone’s budget regardless of age.
Emotionless RJBoy: Its coming. Just holding and waiting for the day .A lot of shit is fixing to change. The Bell can't even save them .
RJBoy Emotionless: I’m holding myself. I still believe the fight is not over yet. It’s either life changing money or nothing. There no inbetween
Syuee : The older investors seem to be more concerned about inflation, and it is not hard to see why.
Mature investors over the age of 60 are living on fixed incomes. During retirement, they generally rely on a combination of personal savings and retirement accounts.
But there’s only so much one can spend, before that money runs out. This is where inflation comes into play.
Younger investors seem to be more financially transparent than older generations and are finding ways to profit from sharing financial experiences with the masses and learn together.
Younger investors usually demonstrate their resilience and confident ability to find innovative and optimistic solutions to combat inflation.
Younger investors are at an advantage that they have more time to invest and can afford to play the long game.
Investors’ age, budget and spending priorities may affect how they experience inflation differently.
HopeAlways Syuee: Younger investors may struggle with correctly defining inflation compared to the older ones and worry more about the phenomenon impacting their day-to-day finances.
Syuee HopeAlways: Although there are investors who suffer greatly from high inflation rates at every age, young investors, generally, can be more flexible, which enables them to better absorb the blows of economic hardship like inflation.
Milk The Cow : Yes, I think inflation does impact younger & older investors differently but only to a small extent .
Different age group got different spending needs/wants, spending power & so does their capital for investing... So, this & that, yar...
However, I don't think there is much difference as long as the individual know how to adjust/manage their expenses or investing capital plans ... So in this aspect, I don't think inflation impact on different age group investors differentiate that much...
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