Weekly Buzz: "Did you chase the rally?"

Spoiler:

At the end of this post, there is a chance for you to win points!

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 the moomoo platform based on search and message volumes of last week (Nano caps are excluded).

Make Your Choices

Buzzing Stocks List & Mooers Comments

It was one of the best weeks for US equity investors as all the major indices ended higher. The tech-heavy index jumped 4.32% and closed out its fourth week of gains, while S&P and Dow added 2.47% and 1.81%, respectively (as of Jan 29, 2023).

Without further ado, let's dive into the weekly buzzing stock list of last week:

1. TSLA - Buzzing Stars: ⭐⭐⭐⭐⭐

TSLA shares jumped 33.34% last week as investors cheered the EV maker's earnings and top executive Elon Musk's assurances that demand is not a problem (as of Jan 29, 2023).

@SpyderCall
Watch out for selling near resistance. When there are multiple resistance levels on multiple time frames, then there is more of a probability that sellers will step in.
Read more >>

Recap: Tesla 2022 Q4 Earning Results

2. COSM - Buzzing Stars: ⭐⭐⭐⭐

Cosmos Health Inc. Shares rose 22.70% last week after the company said its board approved a purchase of up to $3 million of its common stock through a share repurchase program (as of Jan 29, 2023).

@Ripper1986
Click on 1 Hour Scale and turn Moving Averages on. Crossing that purple line will light the bottle rocket.

3. AMC - Buzzing Stars: ⭐⭐⭐⭐

AMC Entertainment amendment extended the fixed date for termination of the covenant suspension period for one more year to March 31, 2024. Its shares fell 0.18% over the past week (as of Jan 29, 2023).

@71791308
I am still buy n hold. Hell, before long I won just because I invested and didn't spend, even cashing out at neutral.

4. BBBY - Buzzing Stars:⭐⭐⭐⭐

BBBY shares dropped 23.88% last week as it struggled to find financial support to keep its operations funded and avoid liquidation (as of Jan 30, 2023).

@Matthew D
All board directors chose to keep their shares instead of converting to cash now.|
Now, would anyone want shares in a bankrupt company? yup, it’s coming.

5. MSFT - Buzzing Stars: ⭐⭐⭐

Microsoft shares climbed 3.31% last week following Q2 earning results. Microsoft Cloud revenue was up 22%, up 29% in constant currency (as of Jan 29, 2023).

@Cow Moo-ney
I could be wrong, and i stand corrected. The chart has to show me something, i.e. I will be more convinced if it breaks that yellow dotted resistance line convincingly.
Read more >>

Recap : Microsoft 2023 Q2 earnings conference call

6. AAPL - Buzzing Stars:⭐⭐⭐

Apple shares rallied 5.85% last week as Morgan Stanley said Apple's product shipments are likely to be better than expected in fiscal Q1 and services may also show slight outperformance (as of Jan 29, 2023).

@FiveHundredCents
$Apple (AAPL.US)$ stock has a steep hill to climb this earnings season, given the many headwinds in the holiday period.
Read more >>

7. BZFD - Buzzing Stars:⭐⭐⭐

BuzzFeed shares skyrocketed 309.74% as analysts weighed in on the news relating to a partnership with Facebook and artificial intelligence initiatives with some bullish comments (as of Jan 29, 2023).

@standalee31
Don't you love how people only write news after an event happens and it's near the peak, write faster lmao (and don't fomo, better levels to be bought at)

8. NVDA - Buzzing Stars:⭐⭐⭐

As the buzz around ChatGPT - a chatbot released by OpenAI gained, Nvidia shares soared 14.16% last week (as of Jan 29, 2023).

@Asphen
- Likely break back into range below 193
- 175 is pullback support
- 155 is stronghold
Read more >>

9. AMZN - Buzzing Stars:⭐⭐⭐

AMZN shares gained 5.13% last week as they moved in sympathy with Microsoft Corp, which showed positive revenue results (as of Jan 29, 2023).

@hello I
Sales targets set too high,on linkedin do n or see any sales people positing arrogantly about hiting quota as they have always done and likely will miss

10. MLUN - Buzzing Stars:⭐⭐

Mullen shares cruised to a 10.81% gain last week as it faced a shareholder vote on a reverse stock split (as of Jan 29, 2023).

@71306807
Mullen retail is going to need to be very patient. The need to do an RS to remain complient and considerable dilution to finance.
Read more >>

Thanks for reading!

Awarding Moment

Before moving on to part three, congrats to the following mooers whose comments were selected as the top comments last week!