Weekly Buzz: Treasury yields climb while stocks lower
Spoiler: At the end of this post, there is a chance for you to win points! ![]()
Happy Friday, 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 this week! (Nano caps are excluded.)
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💡Buzzing Stocks List & Mooers Comments
Following the release of producer price inflation data, the major U.S. stock indexes turned in a mixed performance during trading on Friday. The Nasdaq Composite ended Friday lower and notched its second consecutive losing week in 2023 as semiconductor stocks languished. The tech-heavy Nasdaq slid 0.6%, pulled down by a selloff in semiconductor stocks such as Advanced Micro Devices, Nvidia, and Micron. The S&P 500 inched lower by 0.1%. The Dow Jones Industrial Average added about 105 points, or 0.3%, helped by advances in Merck & Co. and Chevron. (As of Aug 11, 2023)
🚌 Weekly Buzz
*Note: All contents such as comments and links posted or shared by users of the community are the opinion of the respective authors only and do not reflect the opinions, views, or positions of Moomoo Financial Inc., Moomoo Technologies, any affiliates, or any employees of MFI, MTI or its affiliates. Please consult with a qualified financial professional for your personal financial planning and tax situations.
*This list is provided for informational purposes only and is not investment advice or a recommendation of any security or investment strategy. You should not buy or sell any security on this list without first determining if it's appropriate for your portfolio or strategy by taking into account your financial situations and personal objectives. The past performance does not guarantee future results. This list only includes stocks.
📖 Anyway, let's dive into the weekly buzzing stock list of this week:
1. TSLA - Buzzing Stars: ⭐⭐⭐⭐⭐
$Tesla(TSLA.US$ shares weekly % chg decreased by 1.13% and closed at $242.65 this week. The company's market cap stands at $769.08 billion. After 13 years with Tesla and serving various roles, Zachary Kirkhorn is stepping down from the company. Kirkhorn had accumulated a net worth of $590 million thanks to his Tesla stake. The move was met with mixed reactions by the community with some suggesting that the CFO and Tesla CEO Elon Musk may have had a disagreement about something. Musk brushed off the notion and thanked Kirkhorn for his service and said the former Tesla executive will take some time before he takes on a new job, which hit back on rumors he was taking on a new job right away. (As of Aug 11, 2023)
@bullrider_21: Tesla CFO resignation is a major blow.
2. AMC - Buzzing Stars: ⭐⭐⭐⭐
@AMC shares weekly % chg rose by 5.62% to $5.265. The company's market cap stands at $7.97 billion. In the second quarter, AMC Entertainment reported revenues of $1.35 billion, surpassing the estimated $1.29 billion. While the overall industry box office was down 18% from 2019, AMC's total revenue only decreased by about 10% compared to Q2 FY19. EBITDA reached $183 million, resulting in a 13.5% margin, exceeding expectations. Domestically, AMC outperformed the industry with a 17.5% increase in total box office revenues, compared to the industry's 15.2% growth. This success was courtesy of a diversified film slate that attracted a wider audience. (As of Aug 11, 2023)
@Winner takes all: I know long got so excited again, it's green yeah green oink oink! it will close in red eod ! look 14k selling 5.06 means it won't go above 5.06.
3. MULN - Buzzing Stars: ⭐⭐⭐⭐
$Mullen Automotive(MULN.US$ shares weekly % chg decreased by 1.67% to $1.01. The company's market cap stands at $72.2 million. Earlier this week, Mullen Automotive announced that its shares would undergo a 1-for-9 reverse stock split. This decision was made after shareholders at the company’s recent annual meeting of stockholders voted in favor of authorizing a reverse split in a range between 1-for-2 and 1-for-100. Today, Mullen announced that the 1-for-9 reverse split would become effective as of tomorrow, Aug. 11. Due to the reverse split, every nine shares of MULN stock held will consolidate into one share, while the price of MULN will increase by a factor of nine. (As of Aug 11, 2023)
@The Brown Knight: 9:1 to make it $1 is risky. Do you think we get a huge PR at like 9 am?
4. NIO - Buzzing Stars: ⭐⭐⭐⭐
$NIO Inc(NIO.US$ shares weekly % chg decreased by 2.42% to $12.905. The company's market cap stands at $22.94 billion. NIO stock lost 4.34% of its trading price on the August 9 trading session; it opened trading at $13.95. The low for the session was $13.21, the high was $14.12. At press time, the prcice was trading at $13.46 with an intraday trading volume of 57.707 Million. (As of Aug 9, 2023) U.S. District Judge Nicholas Garaufis has stated that investors can file a class action lawsuit against Nio. The lawsuit claims that investors were harmed after the company cancelled plans to build a factory. (As of Aug 11, 2023)
@ZnWC: Should You Consider Buying or Selling NIO (NIO) Right Now?
5. EBET - Buzzing Stars: ⭐⭐⭐
$EBET Inc(EBET.US$ shares weekly % chg decreased by 6.98% to $0.0398. The company's market cap stands at $1.63 million. Ebet stock is taking off on Wednesday despite a lack of news from the online gambling company. There’s been no new press release from the company or filing with the Securities and Exchange Commission (SEC) that explains today’s rally. (As of Aug 9, 2023) Likewise, no analysts have weighed in on the stock recently. Despite all of that, shares of EBET stock are seeing a massive amount of trading this morning. As of this writing, more than 87 million shares of the stock are changing hands. That’s quite the leap compared to the company’s daily average trading volume of about 10 million shares. (As of Aug 11, 2023)
@73076230: Crazy volume today. Wonder what happens tomorrow.
6. PLTR - Buzzing Stars: ⭐⭐⭐
$Palantir(PLTR.US$ shares weekly % chg rose by 0.06% to $15.42. The company's market cap stands at $33.16 billion. On Monday, Palantir reported second-quarter financial results that were in line with analyst estimates. The company also issued strong guidance and announced a $1 billion buyback. With the stock up more than 140% year-to-date, investors went into the report with elevated expectations, which could help explain the pullback. Following the print, Ark Invest's Wood began buying shares. On Tuesday, Wood bought 818,373 shares across three Ark funds. On Wednesday, she bought another 122,724 shares, bringing total purchases for the week above 941,000 shares. (As of Aug 11, 2023)
@Rockyturki: Cathie wood is not an investor, she is a swing trader. Example here with $PLTR.
7. AAPL - Buzzing Stars: ⭐⭐⭐
$Apple(AAPL.US$ shares weekly % chg decreased by 0.02% to $177.79. The company's market cap stands at $2.78 trillion. Apple investors have had a rotten August as the bears feast on renewed growth fears. Shares of the tech giant are off by about 8.8% in August, according data, badly underperforming the S&P 500's 1.6% drop. The stock has fallen below its key 50-day moving average as sentiment has soured after the company's tepid earnings report a week ago. (As of Aug 9, 2023) "The move is just knee-jerk August selling after a parabolic run so far this year," longtime Apple bull and Wedbush tech analyst Dan Ives said. (As of Aug 11, 2023)
@PREMOSULTRAA: Uncommon Sight! Apple's Unprecedented "Five Consecutive Dips"! iPhone 15, Holds the Key.
8. TTOO - Buzzing Stars: ⭐⭐⭐
$T2 Biosystems(TTOO.US$ shares weekly % chg rose by 2.66% to $0.3379. The company's market cap stands at $112.72 million. T2 Biosystems shares have risen almost 200% so far this month on meme stock interest, trading hands at about US$0.31 on Friday morning. Before the highly shorted healthcare stock caught the eye of meme-stock traders, it had traded at about US$0.15. The stock has rallied after investors learned on July 31 that the Nasdaq had granted T2 Biosystems an extension to comply with the stock exchange’s minimum bid price of $1 and market value of listed securities requirement of at least $35 million. (As of Aug 11, 2023)
@Beer Monkeys kid: This has turned into a long-term hold. Yall have to stop expecting giant jumps every day.
9. VTGN - Buzzing Stars: ⭐⭐⭐
$VistaGen Therapeutics(VTGN.US$ shares weekly % chg decreased by 14.17% to $6.42. The company's market cap stands at $60.11 million. Vistagen Therapeutics Inc has risen Thursday morning, with the stock rising 20.88% in pre-market trading to 8.51. VTGN's short-term technical score of 96 indicates that the stock has traded more bullishly over the last month than 96% of stocks on the market. In the Biotechnology industry, which ranks 129 out of 146 industries, VTGN ranks higher than 99% of stocks. Vistagen Therapeutics Inc has risen 295.51% over the past month. (As of Aug 11, 2023)
@Doppler: Took a big hit. Lesson learnt, never trade on the hype.
10. BABA - Buzzing Stars: ⭐⭐
$Alibaba(BABA.US$ shares weekly % chg decreased by 3.34% to $95.75. The company's market cap stands at $243.78 billion. Chinese e-commerce giant Alibaba on Thursday said revenue grew by 14% year on year in the quarter ended June 30. The company’s push into overseas markets bore results, with revenue from international commerce retail surging by 60% year on year to 17.14 billion yuan in the June quarter. “Alibaba delivered a solid quarter as we continue to execute our Reorganization, which is beginning to unleash new energy across our businesses,” CEO and Chairman Daniel Zhang said in a release. (As of Aug 11, 2023)
Btan: Seems like many banks are calling for a BUY.
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! @Mcsnacks H Tupack @Raptor55 @ZnWC @Wilhelm @cola1010
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Do you think short-term US treasury bonds are one of the best investments now?
What's your investment strategy?
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.
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Wilhelm : While I don't play bonds, but I'm happy to learn about them and expand my portfolio. It's been a long week for markets, from the US credit downgrade to the current malaise. Hope AMD can rise soon
$Advanced Micro Devices (AMD.US)$
PassiveLearner : it looks like past few hikes to control inflation are taking effect on the stock markets, others are slowly averaging down their stocks into Bond for safer measures till the market stabilises.
short term bonds or moomoo's $Fullerton SGD Cash Fund (SG9999005961.MF)$ cash plus fund might be a better choice while we wait for a better entry price.
Just my own opinion and not advising
102392341 : I think many like me would remain steadfast to long term investment, and also have a split between equities and bond in their portfolio.
ZnWC : There are many types of US Treasury bond and Treasury bills or "T-bills" have the shortest maturities -- 13 weeks, 26 weeks, and one year. They are the safest bonds of all because the interest and principal payments are guaranteed by the U.S. government.
Since the T-bill rate is fixed, investors tend to sell T-bills when the Fed is hiking rates because the T-bill rates are less attractive. A rising federal funds rate tends to draw money away from Treasuries and into higher-yielding investments.
The best time to invest in short term US Treasury bonds depends on your risk appetite. Beside the Fed rate hike, there is also the USD exchange rate risk (against SGD) that I need to consider. I prefer Fullerton SGD cash plus Fund and Singapore Saving Bond (SSB) which has a more flexible liquidity and invested in SGD.
102362254 : Short-term US treasury bonds are low-risk investments due to the backing of the US government. Such bonds are good for preserving capital, but their returns are normally lower compared to other investments. I prefer options trading for my investment strategy.
湖泊面积3333 : Recently, it is suitable to adopt a barbell strategy to obtain high profits in the short and long term, but now the yield in the middle term is not very attractive and can be avoided as much as possible
cola1010 : Short-term US Treasury bonds, such as Treasury bills (T-bills), have varying maturities and provide safety backed by the US government. Investors lend money to the US government in exchange for interest and the return of the principal. Because of government backing, these bonds are relatively safe. Market factors affect terms, interest, and yield. I prefer short-term US government bonds as they are viable investment.