bargain_hunter
voted
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 moomoo platform based on search and message volumes of last week (Nano caps are excluded).
Make Your Choices
Buzzing Stocks List & Mooers Comments
The US market closed lower last week as various reports and data suggested tha...
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 moomoo platform based on search and message volumes of last week (Nano caps are excluded).
Make Your Choices
Buzzing Stocks List & Mooers Comments
The US market closed lower last week as various reports and data suggested tha...
![Weekly Buzz: Awaiting CPI and FED rate resolution](https://ussnsimg.moomoo.com/77777000/editor_image/42ad8f4a761c3188bde2cb908863dcc1.gif/thumb)
![Weekly Buzz: Awaiting CPI and FED rate resolution](https://ussnsimg.moomoo.com/77777000/editor_image/844c2aa5adef3e8a84fc280e986cca8a.png/thumb)
![Weekly Buzz: Awaiting CPI and FED rate resolution](https://ussnsimg.moomoo.com/77777000/editor_image/f5ed88d3ab7b3dc886b7629ce3446b7d.png/thumb)
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bargain_hunter
voted
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 moomoo platform based on search and message volumes of last week! (Nano caps are excluded.)
Make Your Choices
Buzzing Stocks List & Mooers Comments
All the major indices closed last week with losses after the Fed's rat...
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 moomoo platform based on search and message volumes of last week! (Nano caps are excluded.)
Make Your Choices
Buzzing Stocks List & Mooers Comments
All the major indices closed last week with losses after the Fed's rat...
![Weekly Buzz: Fed's rate hike wiped out stock market gains](https://ussnsimg.moomoo.com/77777000/editor_image/2fe2664a77c23d42894a030a71d7919f.gif/thumb)
![Weekly Buzz: Fed's rate hike wiped out stock market gains](https://ussnsimg.moomoo.com/77777000/editor_image/de724c080c6037ab8ab6d993bcbbb3ae.png/thumb)
![Weekly Buzz: Fed's rate hike wiped out stock market gains](https://ussnsimg.moomoo.com/77777000/editor_image/79959d2d1be93c9d8fcc9565ce92cc3c.png/thumb)
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On last Sunday, Elon Musk tweeted a TikTok of an interview between Bill Gates and David Letterman in 1995, asking, "Given the almost unimaginable nature of the present, what will the future be?" After showing the interview clip, the TikToker who post the interview comments that what Gates said about the internet is the same as "what's happening now with Web3."
Watch the TikTok:
Web3 is the decentralized iteration of the internet based on blockchain technology, which powers nonfungible tokens, or NFTs, and underpins cryptocurrencies like bitcoin. Supporters of Web3 think , like $Amazon(AMZN.US$ , $Apple(AAPL.US$ , $Alphabet-A(GOOGL.US$ , $Meta Platforms(FB.US$. With Web3, users would ideally control their own data instead.
However, Elon Musk tweeted Web3 is not real, "it seems more like a 'marketing buzzword' than a reality."
In the comment session under the tweet, some people agree with Musk that Web3 is currently little more than a buzzword, while some commented it is just not fully real just yet.
A day later, Musk followed up saying: "Has anyone seen web3? I can't find it.”
On this Tuesday, Jack Dorsey, $Twitter (Delisted)(TWTR.US$'s founder, also tweeted his opinion about Web3. He believes that VCs and their limited partners will be the ones who ultimately end up owning Web3.
So, what do you think about Web3? Do you agree with Elon Musk and Jack Dorsey?
Source: CNBC, Twitter
Watch the TikTok:
Web3 is the decentralized iteration of the internet based on blockchain technology, which powers nonfungible tokens, or NFTs, and underpins cryptocurrencies like bitcoin. Supporters of Web3 think , like $Amazon(AMZN.US$ , $Apple(AAPL.US$ , $Alphabet-A(GOOGL.US$ , $Meta Platforms(FB.US$. With Web3, users would ideally control their own data instead.
However, Elon Musk tweeted Web3 is not real, "it seems more like a 'marketing buzzword' than a reality."
In the comment session under the tweet, some people agree with Musk that Web3 is currently little more than a buzzword, while some commented it is just not fully real just yet.
A day later, Musk followed up saying: "Has anyone seen web3? I can't find it.”
On this Tuesday, Jack Dorsey, $Twitter (Delisted)(TWTR.US$'s founder, also tweeted his opinion about Web3. He believes that VCs and their limited partners will be the ones who ultimately end up owning Web3.
So, what do you think about Web3? Do you agree with Elon Musk and Jack Dorsey?
Source: CNBC, Twitter
![Web 3: Musk said it is not real and Jack Dorsey believes only VCs/LPs own it](https://1400137786.vod2.myqcloud.com/3fdf1d2cvodtransgzp1400137786/836f9f74387702293269452613/coverBySnapshot/coverBySnapshot_10_0.jpg)
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$DBS Group Holdings(D05.SG$ Interest rate hikes are expected in the 3rd year of 22/23/24 (increase in capital costs), but bank benefits/loans will raise interest. There will be short-term ups and downs in stock prices, but profits will be better in the middle of next year! If you ever run into a gold pit like the one on November 30th, you'll have to hit it in. Otherwise, you missed it, you just missed it! Just exchanging opinions, I don't like to skip
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Cannabis ETFs were blazing after Representative Nancy Mace (R-SC) tweeted that she plans to unveil a new bill that would legalize marijuana at the federal level. The bill would remove the plant from the list of federally controlled substances.![]()
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While cannabis-related ETFs have been on a decline for much of the year, this news was enough to lift them by double digits last week. The U.S.-focused $Advisorshares Trust Pure Us Cannabis Etf(MSOS.US$ gained 14.0% in past week. The $Advisorshares Pure Cannabis Etf(YOLO.US$ and the $Etfmg Alternative Harvest Etf(MJ.US$, which take a global approach, were up 12.8% and 10.9%, respectively.
Cannabis-related ETFs shot higher after Joe Biden's nomination. Both he and Vice President Harris had stated they were in favor of policy reform. President Biden, however, has only backed medical legalization and decriminalization.
The lack of movement on the issue after Biden took office brought these ETFs off their highs. But Mace’s bill, which would see marijuana regulated similarly to alcohol, could appeal to those on the right side of the aisle because it invokes states'rights.![]()
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The proposed bill would also not call for the degree of regulation or taxation as prior legalization bills have, such as of that proposed by Senator Chuck Schumer.
Several Options Available
Here is a list of Marijuana ETF ranks by AUM, with MJ and MSOS being the largest, at over $1 billion in AUM each.![]()
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Currently, the cheapest cannabis ETF is the $Cambria Cannabis Etf(TOKE.US$, with a 0.42% expense ratio. This is significantly lower than the average expense ratio of 0.71%. The low cost is especially notable when you consider that TOKE is active.
Though it is 0.33% cheaper than the passive MJ, TOKE has underperformed by 4.1% year-to-date.
Domestic or Global
Legalization is not just a domestic issue. In fact, the U.S. has some of the most marijuana-friendly laws around the world. The substance remains illegal in much of the world.
Though this suggests there is substantial growth ahead for global cannabis-related companies, current legalization talks in the U.S. are likely to benefit domestically focused ETFs such as MSOS the most.
Source: ETF.com, ETF Managers Group
While cannabis-related ETFs have been on a decline for much of the year, this news was enough to lift them by double digits last week. The U.S.-focused $Advisorshares Trust Pure Us Cannabis Etf(MSOS.US$ gained 14.0% in past week. The $Advisorshares Pure Cannabis Etf(YOLO.US$ and the $Etfmg Alternative Harvest Etf(MJ.US$, which take a global approach, were up 12.8% and 10.9%, respectively.
Cannabis-related ETFs shot higher after Joe Biden's nomination. Both he and Vice President Harris had stated they were in favor of policy reform. President Biden, however, has only backed medical legalization and decriminalization.
The lack of movement on the issue after Biden took office brought these ETFs off their highs. But Mace’s bill, which would see marijuana regulated similarly to alcohol, could appeal to those on the right side of the aisle because it invokes states'rights.
The proposed bill would also not call for the degree of regulation or taxation as prior legalization bills have, such as of that proposed by Senator Chuck Schumer.
Several Options Available
Here is a list of Marijuana ETF ranks by AUM, with MJ and MSOS being the largest, at over $1 billion in AUM each.
Currently, the cheapest cannabis ETF is the $Cambria Cannabis Etf(TOKE.US$, with a 0.42% expense ratio. This is significantly lower than the average expense ratio of 0.71%. The low cost is especially notable when you consider that TOKE is active.
Though it is 0.33% cheaper than the passive MJ, TOKE has underperformed by 4.1% year-to-date.
Domestic or Global
Legalization is not just a domestic issue. In fact, the U.S. has some of the most marijuana-friendly laws around the world. The substance remains illegal in much of the world.
Though this suggests there is substantial growth ahead for global cannabis-related companies, current legalization talks in the U.S. are likely to benefit domestically focused ETFs such as MSOS the most.
Source: ETF.com, ETF Managers Group
![Marijuana ETFs blaze higher last week](https://ussnsimg.moomoo.com/1493764406094534954.png/thumb)
![Marijuana ETFs blaze higher last week](https://ussnsimg.moomoo.com/8095264858201073321.png/thumb)
![Marijuana ETFs blaze higher last week](https://ussnsimg.moomoo.com/8303425419836978998.png/thumb)
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bargain_hunter
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bargain_hunter
liked
$Exela Technologies(XELA.US$ need it break $1.34
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bargain_hunter
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Top 5 only please and explanations would be greatly appreciated!
Top 5 (just a placeholder for formatting)
1.) $Exela Technologies(XELA.US$
2.) $Advanced Health Intelligence Ltd(AHI.AU$
3.) $Futu Holdings Ltd(FUTU.US$
4.) $Jumia Technologies(JMIA.US$
5.) $Meten(METX.US$
(XELA is a top 5 for me personally)
looking forward to see whats on you all’s list!
Top 5 (just a placeholder for formatting)
1.) $Exela Technologies(XELA.US$
2.) $Advanced Health Intelligence Ltd(AHI.AU$
3.) $Futu Holdings Ltd(FUTU.US$
4.) $Jumia Technologies(JMIA.US$
5.) $Meten(METX.US$
(XELA is a top 5 for me personally)
looking forward to see whats on you all’s list!
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