[Week 4 Update] Tech Cools Off, TSX Shines! Top Trader P/L Surges Past 1000%?!

Hello Canadian Traders!

This past week (June 22-26), the North American capital markets treated us to an intense "sector rotation"! U.S. Big Tech and AI stocks, which had been flying high, experienced some profit-taking, putting pressure on the Nasdaq. However, our home turf, the TSX Composite Index, bucked the trend and performed brilliantly, buoyed by the materials sector and rising gold prices! Did you manage to catch the rhythm of this market shift?

Amidst this market volatility, the Week 4 action in our Moomoo Canada Top Trader Competition has been absolutely jaw-dropping. Instead of being shaken out by the market swings, our top contenders have set even more unbelievable records. Let's take a look!

Interactive Time

Leaderboard Flash: P/L Breaks 1000%, A Ten-Bagger Emerges!

When checking the leaderboard, you might have noticed some recalibrations happening due to system data delays and individual deposit/withdrawal activities. But even so, looking at the true leaders on the P/L% Leaderboard, we can't help but be amazed:

Top 1 Trader 72***41:

Successfully broke through the 1000% mark, securing a phenomenal +1035.28% return!!! (Yes, you read that right—over a 10x return!)

Top 2 76***35:

Following closely with a stellar +832.83%!

Top 3 美股***牛犊:

Holding steady in the top three with an impressive +695.33%!

The threshold just to squeeze into the Top 10 has now been pushed up to +133.42%! As the competition deepens, the intensity is off the charts!

Data as of June 25

Check the leaderboard>>

Data as of June 25

Provincial Showdown: Ontario Reclaims the Throne!

The most dramatic storyline this week happened in the battle for the top spot in the Provincial Ranking:

ON (Ontario): Ontario traders launched a massive counterattack this week! Their Top 10 average P/L steadily climbed to +232.51%, successfully reclaiming the #1 spot in Canada! Toronto's strength is undeniable!

BC (British Columbia): West Coast contenders are still going strong, currently biting at Ontario's heels with an average P/L of +190.65%, sitting in second place. Vancouver friends, the chance to overtake is always there!

QC (Quebec): Holding steady in the third chair with an average P/L of +56.93%.

The tug-of-war for the top spot between the East and West is getting incredibly exciting! With the competition halfway through, which province do you think will have the last laugh?

Countdown & Ultimate Prize Recap

Attention, everyone, we are in the mid-game now. Don't miss these critical dates:

Registration Closing Soon: The registration window will officially close on June 30th! If you haven't signed up yet, this is your last chance to get on board!

Competition Period: The contest runs until July 31st, so there is still plenty of time to adjust your strategies.

Scoring Rule: Rankings are determined fairly using the Time-Weighted Percentage Return.

[Important] You must complete at least 2 trades during the competition to be eligible for the final ranking!

Let's review the heart-pounding prize pool

Top 1: $100,000 CAD worth of a stock of choice + A feature on the Times Square NASDAQ Screen!

Top 2-3 will receive $15,000 CAD worth of stock;

Top 4-10 will receive $5,000 CAD worth of stock!

Drop your vote, or tell us how you navigated the tech pullback this week! See you in the comment section!

Disclosure:Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the Canada, investment products and services on Moomoo are offered by Moomoo Financial Canada Inc., Member of CIRO and CIPF.This event is for informational and educational purposes only and is not investment advice or a recommendation to engage in any investment or financial strategy. Investing involves risk and the potential to lose principal. Investment and financial decisions should always be made based on your specific financial needs, objectives, goals, time horizon, and risk tolerance.

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