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kctan

kctan

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2024-02-14

2021-05-19

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JD Logistics launches Hong Kong IPO to raise up to US$3.4 billion

2021-05-12

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If Everyone Sees It, Is It Still A Bubble?

2021-06-06

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Should You Buy Apple Stock Before WWDC?

2022-02-21

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PCE Inflation, Consumer Confidence: What to Know This Week

2021-08-30

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Making Sense of Apple's App Store Rule Tweaks: 'Cupertino Is One Step Ahead of Regulatory Curve'

2021-07-28

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2021-06-22

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Goldman Sees Another $500 Billion Being Plowed Into U.S. Stocks

2021-06-01

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2021-05-24

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href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a>&nbsp;","text":"$Apple(AAPL)$","images":[{"img":"https://community-static.tradeup.com/news/d93542a96b09a54e600d2309f2948d7d","width":"981","height":"1637"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":1,"link":"https://ttm.financial/post/273714640056512","isVote":1,"tweetType":1,"viewCount":4787,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4170730932054622","authorId":"4170730932054622","name":"Andolo","avatar":"https://community-static.tradeup.com/news/e894d5d4f8ea76f4e78eb4e95dce2e5e","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"4170730932054622","idStr":"4170730932054622"},"content":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","html":"Great ariticle, would you like to share it?"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9940482896,"gmtCreate":1678113045116,"gmtModify":1678113047854,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576831123463310","idStr":"3576831123463310"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940482896","repostId":"9940486838","repostType":1,"repost":{"id":9940486838,"gmtCreate":1678112519224,"gmtModify":1678113844768,"author":{"id":"9000000000000356","authorId":"9000000000000356","name":"fluffik","avatar":"https://static.tigerbbs.com/7b0d9918c0ae3b5288d953af85e09579","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"9000000000000356","idStr":"9000000000000356"},"themes":[],"htmlText":"Netflix is doing a stage play of Stranger Things. They are milking Stranger Things for every dollar they can, as they should. The problem is, it highlights just how important name brand content is, especially as prices will have to go up for streaming services. Disney, Comcast/Universal, Paramount, Warners/HBO max, all these companies have multiple name brand properties that are known worldwide, whether it's Marvel or Star Wars or DC or Harry Potter or Fast &amp;Furious or even Top Gun. These types of properties continue to bring in dollars through multiple revenue streams forever. Reed Hastings should have realized this earlier and spent more money to buy existing properties, much like Iger bought Lucas and Marvel and Pixar. He claims to have known that companies would eventually pull the","listText":"Netflix is doing a stage play of Stranger Things. They are milking Stranger Things for every dollar they can, as they should. The problem is, it highlights just how important name brand content is, especially as prices will have to go up for streaming services. Disney, Comcast/Universal, Paramount, Warners/HBO max, all these companies have multiple name brand properties that are known worldwide, whether it's Marvel or Star Wars or DC or Harry Potter or Fast &amp;Furious or even Top Gun. These types of properties continue to bring in dollars through multiple revenue streams forever. Reed Hastings should have realized this earlier and spent more money to buy existing properties, much like Iger bought Lucas and Marvel and Pixar. He claims to have known that companies would eventually pull the","text":"Netflix is doing a stage play of Stranger Things. They are milking Stranger Things for every dollar they can, as they should. The problem is, it highlights just how important name brand content is, especially as prices will have to go up for streaming services. Disney, Comcast/Universal, Paramount, Warners/HBO max, all these companies have multiple name brand properties that are known worldwide, whether it's Marvel or Star Wars or DC or Harry Potter or Fast &Furious or even Top Gun. These types of properties continue to bring in dollars through multiple revenue streams forever. Reed Hastings should have realized this earlier and spent more money to buy existing properties, much like Iger bought Lucas and Marvel and Pixar. He claims to have known that companies would eventually pull the","images":[{"img":"https://community-static.tradeup.com/news/303c9f5c5169037d675ec4be5d833628","width":"-1","height":"-1"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940486838","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":3345,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957764345,"gmtCreate":1677558214787,"gmtModify":1677558218569,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576831123463310","idStr":"3576831123463310"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957764345","repostId":"2314592524","repostType":4,"isVote":1,"tweetType":1,"viewCount":3058,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9925045661,"gmtCreate":1671888632253,"gmtModify":1676538607234,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576831123463310","idStr":"3576831123463310"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9925045661","isVote":1,"tweetType":1,"viewCount":3465,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9929421307,"gmtCreate":1670722676110,"gmtModify":1676538422773,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576831123463310","idStr":"3576831123463310"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9929421307","isVote":1,"tweetType":1,"viewCount":2762,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9961401335,"gmtCreate":1669006130228,"gmtModify":1676538138577,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576831123463310","idStr":"3576831123463310"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9961401335","repostId":"9961213321","repostType":1,"repost":{"id":9961213321,"gmtCreate":1668984062764,"gmtModify":1676538133096,"author":{"id":"4091884160412060","authorId":"4091884160412060","name":"Aqa","avatar":"https://community-static.tradeup.com/news/4a899a6e247bc68815d3a2da3b82a81a","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4091884160412060","idStr":"4091884160412060"},"themes":[],"htmlText":"(⭐️⭐️D_D100)&nbsp;<a href=\"https://ttm.financial/S/STI.SI\">$Straits Times Index(STI.SI)$&nbsp;</a><v-v data-views=\"0\"></v-v>🇸🇬Singapore stocks fell🥊 at the end of last week. The 🇸🇬STI fell 0.42% to 3,272.23. Losers beat gainers 281 to 260.&nbsp; The 🇺🇸U.S. stock market was quite last Friday witha slight gain. The $S&amp;P&nbsp;500 (.SPY)$ gained +0.48%. The $Dow Jones Industrial Average (.DJI)$ jumped +0.59%. The tech-heavy $NASDAQ (.IXIC)$ gained +0.01%. The stock market ended the losing week with an up note.&nbsp; It is now obvious that the Fed officials would admonish the stock market every time it tries to rally.&nbsp; Investors are now resetting their expectations with fear of recession/ stagflation weighing on the stock markets.&nbsp; DYODD &amp; Good luck. [Bless]&nbsp;[Call]&nbsp;[","listText":"(⭐️⭐️D_D100)&nbsp;<a href=\"https://ttm.financial/S/STI.SI\">$Straits Times Index(STI.SI)$&nbsp;</a><v-v data-views=\"0\"></v-v>🇸🇬Singapore stocks fell🥊 at the end of last week. The 🇸🇬STI fell 0.42% to 3,272.23. Losers beat gainers 281 to 260.&nbsp; The 🇺🇸U.S. stock market was quite last Friday witha slight gain. The $S&amp;P&nbsp;500 (.SPY)$ gained +0.48%. The $Dow Jones Industrial Average (.DJI)$ jumped +0.59%. The tech-heavy $NASDAQ (.IXIC)$ gained +0.01%. The stock market ended the losing week with an up note.&nbsp; It is now obvious that the Fed officials would admonish the stock market every time it tries to rally.&nbsp; Investors are now resetting their expectations with fear of recession/ stagflation weighing on the stock markets.&nbsp; DYODD &amp; Good luck. [Bless]&nbsp;[Call]&nbsp;[","text":"(⭐️⭐️D_D100) $Straits Times Index(STI.SI)$ 🇸🇬Singapore stocks fell🥊 at the end of last week. The 🇸🇬STI fell 0.42% to 3,272.23. Losers beat gainers 281 to 260. The 🇺🇸U.S. stock market was quite last Friday witha slight gain. The $S&P 500 (.SPY)$ gained +0.48%. The $Dow Jones Industrial Average (.DJI)$ jumped +0.59%. The tech-heavy $NASDAQ (.IXIC)$ gained +0.01%. The stock market ended the losing week with an up note. It is now obvious that the Fed officials would admonish the stock market every time it tries to rally. Investors are now resetting their expectations with fear of recession/ stagflation weighing on the stock markets. DYODD & Good luck. [Bless] [Call] [","images":[{"img":"https://community-static.tradeup.com/news/2c3c1e82dbb0081e62bf42b45fcd95ac","width":"1125","height":"1759"},{"img":"https://community-static.tradeup.com/news/557bc76b83e2fbecb60a833223be44ed","width":"1284","height":"2778"},{"img":"https://community-static.tradeup.com/news/973e40a879c8de27d4f5e2e8a194842b","width":"1283","height":"1434"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9961213321","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":3709,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9961350045,"gmtCreate":1668847918988,"gmtModify":1676538121585,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576831123463310","idStr":"3576831123463310"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9961350045","repostId":"9961326210","repostType":1,"repost":{"id":9961326210,"gmtCreate":1668845189031,"gmtModify":1676538121414,"author":{"id":"4095461237515990","authorId":"4095461237515990","name":"SmallBlack","avatar":"https://community-static.tradeup.com/news/57a9ba270b2555760bbb04e011aa1ebc","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4095461237515990","idStr":"4095461237515990"},"themes":[],"htmlText":"I started watching football because my grandfather and father were both football fans, and came to support Manchester United after Eric Cantona turned up his collar and said “au revoir “ before smashing a ball through the body of a demon in a Nike commercial. Cantona was the king at old trafford but sadly didn’t enjoy his day in the sun with les bleus because of his own bad temperament and the emergence of a certain Zinedine Zidane. Football has moved on with a lot more pressing and use of wing backs and it’s for the better. Allez les bleus! 🇫🇷","listText":"I started watching football because my grandfather and father were both football fans, and came to support Manchester United after Eric Cantona turned up his collar and said “au revoir “ before smashing a ball through the body of a demon in a Nike commercial. Cantona was the king at old trafford but sadly didn’t enjoy his day in the sun with les bleus because of his own bad temperament and the emergence of a certain Zinedine Zidane. Football has moved on with a lot more pressing and use of wing backs and it’s for the better. Allez les bleus! 🇫🇷","text":"I started watching football because my grandfather and father were both football fans, and came to support Manchester United after Eric Cantona turned up his collar and said “au revoir “ before smashing a ball through the body of a demon in a Nike commercial. Cantona was the king at old trafford but sadly didn’t enjoy his day in the sun with les bleus because of his own bad temperament and the emergence of a certain Zinedine Zidane. Football has moved on with a lot more pressing and use of wing backs and it’s for the better. Allez les bleus! 🇫🇷","images":[],"top":1,"highlighted":2,"essential":2,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9961326210","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2698,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9963529053,"gmtCreate":1668728086873,"gmtModify":1676538102256,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576831123463310","idStr":"3576831123463310"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9963529053","repostId":"1139933900","repostType":4,"isVote":1,"tweetType":1,"viewCount":4087,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9914976979,"gmtCreate":1665182803391,"gmtModify":1676537567711,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576831123463310","idStr":"3576831123463310"},"themes":[],"htmlText":"Like please&nbsp;","listText":"Like please&nbsp;","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9914976979","repostId":"1182881749","repostType":4,"repost":{"id":"1182881749","kind":"news","pubTimestamp":1665128643,"share":"https://ttm.financial/m/news/1182881749?lang=en_US&edition=fundamental","pubTime":"2022-10-07 15:44","market":"us","language":"en","title":"Have The P/E Ratios Of S&P 500 ETFs Dropped Into The Buy Range?","url":"https://stock-news.laohu8.com/highlight/detail?id=1182881749","media":"Seeking Alpha","summary":"SummaryIn January I presented target P/E ratios for the S&P 500 and ETFs that track it. Here we revi","content":"<html><head></head><body><h2>Summary</h2><ul><li>In January I presented target P/E ratios for the S&amp;P 500 and ETFs that track it. Here we revisit them.</li><li>We find a wide disparity in analysts&#39; consensus predictions for S&amp;P 500&#39;s 2022 earnings. We examine three different ones and see how they change the current P/E ratio.</li><li>But it may be misleading to use average P/E ratios that prevailed during periods over the past 20 years. If inflation persists, much lower ones might become common.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dbc9f9716a977d9f459b00d0a88a36f1\" tg-width=\"1080\" tg-height=\"721\" width=\"100%\" height=\"auto\"/><span>Sohel_Parvez_Haque/iStock via Getty Images</span></p><p>Back in January of this year, I published an article,Value-Based Price Targets For VOO Under Different Possible Scenarios, referring to the Vanguard S&amp;P 500 ETF (VOO), which tracks the S&amp;P 500 Index (SP500) very closely. Inthat article, I came up with price targets that would satisfy investors who take valuation into account.</p><p>To do this I looked at what the historical P/E ratio of the S&amp;P 500 had been through multi-year periods characterized by different market conditions that took place over the past 20 years. I used Fastgraphs to calculate the long-term average value P/E ratio for each period, and suggested that the P/E ratio that prevailed in each might be useful for determining valuations now based on your perception of which kind of market condition we might be in for the next several years.</p><p>These are the four different Price/Earnings ratios that prevailed during four periods selected from the past 20 years that experienced very different market conditions:</p><p><img src=\"https://static.tigerbbs.com/330f3e8db73f5aa179f1eb0a94a7ab29\" tg-width=\"915\" tg-height=\"348\" width=\"100%\" height=\"auto\"/></p><p>At the time I wrote that article, the price of the S&amp;P 500 was at 4410, and its forward-looking P/E was 23.54. That was still very high in contrast to even the most optimistic conditions that had prevailed for multi-year periods, even after the significant share price drop that occurred at the beginning of January.</p><p>As we all know, the S&amp;P 500 declined another 15% since that time. Now the S&amp;P 500 has experienced a bear market that recovered slightly, only to plunge again into bear territory, this stark division in sentiment between bulls and bears has led to increased price volatility for the ETFs that track the S&amp;P 500. It has not been unusual to see them fluctuate 2% or more, up or down, on any given day.</p><h3>S&amp;P 500 ETFs - 1 Month Total Return</h3><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ce00523a4d26817ea9bdd02fc6a2f3e1\" tg-width=\"640\" tg-height=\"221\" width=\"100%\" height=\"auto\"/><span>Seeking Alpha</span></p><p>So, with the third quarter now over, I thought this would be a good time to take another look at the S&amp;P 500&#39;s current P/E ratio, to see if its price has, in fact, dropped into a range where it gives it a P/E ratio that would convince a valuation-driven investor to increase their allocation to shares of one of the major S&amp;P 500 ETFs.</p><h2>Fastgraphs No Longer Reports S&amp;P 500 Data</h2><p>Since I wrote that January article, Fastgraphs is no longer reporting data for the S&amp;P 500, due, I was told, to the exorbitant price S&amp;P Global charges for the index data for that single index. Instead, Fastgraphs now reports data for the SPDR S&amp;P 500 Trust ETF (NYSEARCA:SPY) which it claims performs in a manner similar enough to the S&amp;P 500 to be used for analyses based on it.</p><p>Taking an average of the daily closing price of SPY and the S&amp;P 500 over several months and calculating the average difference between the two, I was able to confirm that SPY&#39;s price does track the S&amp;P 500 very closely. You can convert an S&amp;P 500 price to a SPY price and get a very close approximation of the actual price at any given time using this formula:</p><p><b>SPY Price = S&amp;P 500 Price *.09949</b></p><p>You can calculate an S&amp;P 500 Price using the inverse formula:</p><p><b>S&amp;P 500 Price = SPY Price/.09949</b></p><p>I used this same relationship to convert the earnings estimate reported for SPY into the corresponding earnings estimate for the S&amp;P 500. It won&#39;t be exact, but it should be close enough, especially given how inexact the estimates are for any stock&#39;s future earnings and how much more inexact the estimates must be for an ETF holding over 500 stocks.</p><p>Calculating Today&#39;s P/E Based on Fastgraph&#39;s Forward Earnings Estimate</p><p>Fastgraphs currently reports analysts&#39; estimates for the S&amp;P 500&#39;s 2022 earnings to be $22.61. Using that data, we get the following table showing what P/E ratio based on current earnings would correspond to historical fair values for the four very different market conditions we might encounter.</p><p>Here is how SPY&#39;s Price looks as I write on 10/4/2022</p><p><b>SPY Valuation with Estimated VOO and S&amp;P 500 Prices 10/4/2022</b></p><p><img src=\"https://static.tigerbbs.com/a70acb74ae953c5f7b1185360fb5e82b\" tg-width=\"869\" tg-height=\"205\" width=\"100%\" height=\"auto\"/></p><p>Since I personally use VOO to invest in the S&amp;P 500, I use the conversion factor I had come up with in my previous article to convert the S&amp;P 500 price to a close approximation of VOO&#39;s price. That conversion formula is:</p><p><b>VOO Price = S&amp;P 500 Price * .0916</b></p><p>Based on the analysts&#39; estimates that SPY&#39;s earnings for 2022 will come in at $22.61 we come up with these prices for VOO, SPY, and the S&amp;P 500 that would generate the P/E ratios that prevailed during periods when the market displayed the following conditions:</p><p><b>Estimated Fair Value P/E Ratios Under Different Scenarios</b></p><p><img src=\"https://static.tigerbbs.com/9ae38180088c0fca6d2733109237b4b5\" tg-width=\"914\" tg-height=\"587\" width=\"100%\" height=\"auto\"/></p><p>As you can see, using these analysts&#39; earnings estimates, the S&amp;P today would appear to be priced at a price lower than the historical average P/E ratio for periods when the market went through an extended period of stagnation. As reported in my earlier article, I came up with this P/E ratio by taking the average P/E ratio of the S&amp;P 500 over the entire period from January 2003 to January of 2022, which was 17.68.</p><p>SPY and by extension the S&amp;P 500 and VOO also appear to be priced below the P/E that prevailed in the period several years after the Dot.com bust.</p><p>So based solely on this, admittedly crude, valuation approximation, it would look like this would be a great time to buy into an ETF like SPY, VOO, or perhaps the iShares Core S&amp;P 500 ETF (IVV) that tracks the S&amp;P 500. The valuation is far better than it has been since most of the period since 2013.</p><p><b>SPY Price and Earnings 2002 until Now</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/78fb6dda1a8cb0c9f27f84d54404e79e\" tg-width=\"640\" tg-height=\"443\" width=\"100%\" height=\"auto\"/><span>(fastgraphs.com)</span></p><h2>But Are These Forward Earnings Estimates Too Rosy?</h2><p>The P/E ratio changes dramatically if the price remains the same while earnings fall. The earnings estimate for Year End 2022 reported by Fastgraphs now, based on Factset data, have actually risen from where they were in January when I wrote the earlier article. Back in January, analysts were predicting that S&amp;P 500 earnings would grow by 12% in 2022. Now they appear to be assuming earnings growth of 13.46%.</p><p><b>Current Analyst Forecasts for SPY Earnings from Fastgraphs</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d2d4b0bcd3ddff1cc01565dc56171380\" tg-width=\"640\" tg-height=\"355\" width=\"100%\" height=\"auto\"/><span>fastgraphs.com</span></p><p>I found it very hard to believe that these estimates were up-to-date. So I went to another useful source of information about the S&amp;P 500, the YRI S&amp;P 500 Earnings Forecast, published by Yardeni Research, which displays Yardeni&#39;s estimates along with the &#34;Analysts&#39; Consensus.&#34;</p><h2>Yardeni&#39;s Data Is Up-To-Date</h2><p>The report available online as I write this was just published on October 3, 2022, which is as fresh as you are going to get. I therefore give it more credence than forecast found in Fastgraphs. Here are Yardeni and Analysts&#39; forecasts as reported in this most recent YRI S&amp;P 500 Forecast report.</p><p><b>Estimated 2022 S&amp;P 500 Earnings</b></p><p><img src=\"https://static.tigerbbs.com/0645366d7509d4c9316c56e516a798b0\" tg-width=\"911\" tg-height=\"222\" width=\"100%\" height=\"auto\"/></p><p>Yardeni&#39;s report tells us that the analyst consensus data used for that report comes from I/B/E/S data by Refinitiv.</p><p>As you can see, the Analysts&#39; Consensus reported by Yardeni is far less optimistic than the one displayed by Fastgraphs. It predicts earnings growth of only 7.30%. Yardeni&#39;s own S&amp;P 500 growth forecast is only half of that, at 3.10%.</p><p>Plugging in the Analysts&#39; Consensus reported here into the spreadsheet I use to calculate target P/E ratios based on the S&amp;P 500&#39;s price and earnings at any given time we come up with this up-to-date P/E ratio as of the time I am writing in the morning of October 4, 2022. I have also used the formulas given above to estimate the corresponding price of SPY and VOO.</p><p><b>Current P/E Ratio Based on Yardeni-Reported Analysts&#39; Consensus</b></p><p><img src=\"https://static.tigerbbs.com/a136500fc44026d74e7702fb7552ab81\" tg-width=\"908\" tg-height=\"217\" width=\"100%\" height=\"auto\"/></p><p>The 16.88 P/E ratio calculated here is slightly higher than the one we saw using Factset data reported by Fastgraphs. It is still lower than the historical average P/E that prevailed during a period following overvaluation following the dot.com bust.</p><p>But recall that Yardeni&#39;s own estimate of S&amp;P 500 earnings growth is about half that of the analysts&#39; he cites. If we use the Yardeni estimate and the S&amp;P 500 level right now, we get this result.</p><p><b>Current P/E Ratio Based on Yardeni Research Estimate</b></p><p><img src=\"https://static.tigerbbs.com/045676def8729234e948699487e5caa1\" tg-width=\"835\" tg-height=\"222\" width=\"100%\" height=\"auto\"/></p><h2>More Modest Earnings Estimates Push Up the P/E Significantly</h2><p>As you can see, the more pessimistic earnings estimate gives us a P/E ratio that is priced for a stagnant period without a crash, but not a period following overvaluation.</p><p>This points out how fragile any P/E ratio you see reported really is if it incorporates forward looking estimates. Analysts&#39; estimates change and the consensus estimates from one data provider can be very different from that of another.</p><p>Take with a grain of salt, therefore, any P/E ratio you see reported for any ETF, as the only accurate P/E figures are those for past years when actual earnings can be used to compute the P/E ratio. ETF providers don&#39;t reveal the extent to which the current P/E ratios they report embody forward estimates or if they do, whose estimates they are using.</p><h2>Takeaways for Valuation-Guided Investors</h2><p>Keep a close eye on third quarter earnings reports and corporate forward guidance because if earnings are declining more than expected, the P/E ratio of the S&amp;P 500 could surge.</p><p>Ignore any reporting that focuses on whether or not earnings beat &#34;beat analysts&#39; consensus.&#34; What is important is whether earnings are rising Year over Year for the quarter, and how analysts&#39; full year estimates change after a significant number of S&amp;P 500 companies have reported those quarterly earnings.</p><p>Fastgraphs subscribers should be even more cautious. Though I have found Fastgraphs very helpful in the past when beginning my research into individual stocks, I have often been misled by those rosy P/E ratios forecast for the next year. Treat any P/E ratio you see as having a wide range around the number reported.</p><h2>How Useful are Any Valuations Derived from The Past 20 Years?</h2><p>Back testing and historical results drawn from a period of low inflation, stable prices, and historically well-below-average borrowing costs is going to be very misleading now that none of those characteristics describes the current market environment. That might mean that the P/E ratios that prevailed throughout the past 20 years might be less helpful than I originally thought back before the Ukraine war pushed inflation up to levels not seen in many decades.</p><p>We know for a fact that the P/E ratios that prevailed during the 1970s were far lower than any of the targets derived from the past 20 years.</p><p><b>Year End P/E ratios of the S&amp;P 500 from 1970 to 1981</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8f3a7c5e745254a154c781c1b81bcdc6\" tg-width=\"521\" tg-height=\"723\" width=\"100%\" height=\"auto\"/><span>Source: www.multpl.com</span></p><p>Inflation really took off at the beginning of 1974 with the Oil Crisis tripling the price of a gallon of gasoline. A look at the P/E ratios that prevailed during this inflationary period is sobering. At current earnings, the price of the S&amp;P 500 that would yield a P/E of 8.0 would be somewhere around 1800.</p><p>No one knows if the current inflationary period will persist. But knowing what the possibilities are, I recommend that if you want to build a position in any S&amp;P 500 ETF the wisest choice is to dollar cost average. Make small buys every month. Don&#39;t try to call a bottom or let FOMO get you investing money that the price of the S&amp;P 500 was to drop precipitously would leave you without money you would need to spend.</p><p>Compared to the situation we had over the period surrounding COVID-19, the valuation of the S&amp;P 500 looks a lot more reasonable. But it will only stay reasonable if earnings for the year come in at a level corresponding to one of these current estimates and if companies can continue growing their earnings at a modest annual rate.</p><p>If earnings crash and the S&amp;P 500&#39;s earnings for 2022 decrease from what they were in 2021, especially if companies issue downbeat forward guidance, the P/E ratio of the S&amp;P 500 will shoot up. That will put it back into overvalued territory, using the historical average P/E ratio levels drawn from the past twenty years, even though its price has declined dramatically.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Have The P/E Ratios Of S&P 500 ETFs Dropped Into The Buy Range?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHave The P/E Ratios Of S&P 500 ETFs Dropped Into The Buy Range?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-07 15:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4544667-have-s-and-p-500-etfs-pe-ratios-dropped-into-the-buy-range><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryIn January I presented target P/E ratios for the S&P 500 and ETFs that track it. Here we revisit them.We find a wide disparity in analysts' consensus predictions for S&P 500's 2022 earnings. We...</p>\n\n<a href=\"https://seekingalpha.com/article/4544667-have-s-and-p-500-etfs-pe-ratios-dropped-into-the-buy-range\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF","VOO":"Vanguard标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://seekingalpha.com/article/4544667-have-s-and-p-500-etfs-pe-ratios-dropped-into-the-buy-range","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182881749","content_text":"SummaryIn January I presented target P/E ratios for the S&P 500 and ETFs that track it. Here we revisit them.We find a wide disparity in analysts' consensus predictions for S&P 500's 2022 earnings. We examine three different ones and see how they change the current P/E ratio.But it may be misleading to use average P/E ratios that prevailed during periods over the past 20 years. If inflation persists, much lower ones might become common.Sohel_Parvez_Haque/iStock via Getty ImagesBack in January of this year, I published an article,Value-Based Price Targets For VOO Under Different Possible Scenarios, referring to the Vanguard S&P 500 ETF (VOO), which tracks the S&P 500 Index (SP500) very closely. Inthat article, I came up with price targets that would satisfy investors who take valuation into account.To do this I looked at what the historical P/E ratio of the S&P 500 had been through multi-year periods characterized by different market conditions that took place over the past 20 years. I used Fastgraphs to calculate the long-term average value P/E ratio for each period, and suggested that the P/E ratio that prevailed in each might be useful for determining valuations now based on your perception of which kind of market condition we might be in for the next several years.These are the four different Price/Earnings ratios that prevailed during four periods selected from the past 20 years that experienced very different market conditions:At the time I wrote that article, the price of the S&P 500 was at 4410, and its forward-looking P/E was 23.54. That was still very high in contrast to even the most optimistic conditions that had prevailed for multi-year periods, even after the significant share price drop that occurred at the beginning of January.As we all know, the S&P 500 declined another 15% since that time. Now the S&P 500 has experienced a bear market that recovered slightly, only to plunge again into bear territory, this stark division in sentiment between bulls and bears has led to increased price volatility for the ETFs that track the S&P 500. It has not been unusual to see them fluctuate 2% or more, up or down, on any given day.S&P 500 ETFs - 1 Month Total ReturnSeeking AlphaSo, with the third quarter now over, I thought this would be a good time to take another look at the S&P 500's current P/E ratio, to see if its price has, in fact, dropped into a range where it gives it a P/E ratio that would convince a valuation-driven investor to increase their allocation to shares of one of the major S&P 500 ETFs.Fastgraphs No Longer Reports S&P 500 DataSince I wrote that January article, Fastgraphs is no longer reporting data for the S&P 500, due, I was told, to the exorbitant price S&P Global charges for the index data for that single index. Instead, Fastgraphs now reports data for the SPDR S&P 500 Trust ETF (NYSEARCA:SPY) which it claims performs in a manner similar enough to the S&P 500 to be used for analyses based on it.Taking an average of the daily closing price of SPY and the S&P 500 over several months and calculating the average difference between the two, I was able to confirm that SPY's price does track the S&P 500 very closely. You can convert an S&P 500 price to a SPY price and get a very close approximation of the actual price at any given time using this formula:SPY Price = S&P 500 Price *.09949You can calculate an S&P 500 Price using the inverse formula:S&P 500 Price = SPY Price/.09949I used this same relationship to convert the earnings estimate reported for SPY into the corresponding earnings estimate for the S&P 500. It won't be exact, but it should be close enough, especially given how inexact the estimates are for any stock's future earnings and how much more inexact the estimates must be for an ETF holding over 500 stocks.Calculating Today's P/E Based on Fastgraph's Forward Earnings EstimateFastgraphs currently reports analysts' estimates for the S&P 500's 2022 earnings to be $22.61. Using that data, we get the following table showing what P/E ratio based on current earnings would correspond to historical fair values for the four very different market conditions we might encounter.Here is how SPY's Price looks as I write on 10/4/2022SPY Valuation with Estimated VOO and S&P 500 Prices 10/4/2022Since I personally use VOO to invest in the S&P 500, I use the conversion factor I had come up with in my previous article to convert the S&P 500 price to a close approximation of VOO's price. That conversion formula is:VOO Price = S&P 500 Price * .0916Based on the analysts' estimates that SPY's earnings for 2022 will come in at $22.61 we come up with these prices for VOO, SPY, and the S&P 500 that would generate the P/E ratios that prevailed during periods when the market displayed the following conditions:Estimated Fair Value P/E Ratios Under Different ScenariosAs you can see, using these analysts' earnings estimates, the S&P today would appear to be priced at a price lower than the historical average P/E ratio for periods when the market went through an extended period of stagnation. As reported in my earlier article, I came up with this P/E ratio by taking the average P/E ratio of the S&P 500 over the entire period from January 2003 to January of 2022, which was 17.68.SPY and by extension the S&P 500 and VOO also appear to be priced below the P/E that prevailed in the period several years after the Dot.com bust.So based solely on this, admittedly crude, valuation approximation, it would look like this would be a great time to buy into an ETF like SPY, VOO, or perhaps the iShares Core S&P 500 ETF (IVV) that tracks the S&P 500. The valuation is far better than it has been since most of the period since 2013.SPY Price and Earnings 2002 until Now(fastgraphs.com)But Are These Forward Earnings Estimates Too Rosy?The P/E ratio changes dramatically if the price remains the same while earnings fall. The earnings estimate for Year End 2022 reported by Fastgraphs now, based on Factset data, have actually risen from where they were in January when I wrote the earlier article. Back in January, analysts were predicting that S&P 500 earnings would grow by 12% in 2022. Now they appear to be assuming earnings growth of 13.46%.Current Analyst Forecasts for SPY Earnings from Fastgraphsfastgraphs.comI found it very hard to believe that these estimates were up-to-date. So I went to another useful source of information about the S&P 500, the YRI S&P 500 Earnings Forecast, published by Yardeni Research, which displays Yardeni's estimates along with the \"Analysts' Consensus.\"Yardeni's Data Is Up-To-DateThe report available online as I write this was just published on October 3, 2022, which is as fresh as you are going to get. I therefore give it more credence than forecast found in Fastgraphs. Here are Yardeni and Analysts' forecasts as reported in this most recent YRI S&P 500 Forecast report.Estimated 2022 S&P 500 EarningsYardeni's report tells us that the analyst consensus data used for that report comes from I/B/E/S data by Refinitiv.As you can see, the Analysts' Consensus reported by Yardeni is far less optimistic than the one displayed by Fastgraphs. It predicts earnings growth of only 7.30%. Yardeni's own S&P 500 growth forecast is only half of that, at 3.10%.Plugging in the Analysts' Consensus reported here into the spreadsheet I use to calculate target P/E ratios based on the S&P 500's price and earnings at any given time we come up with this up-to-date P/E ratio as of the time I am writing in the morning of October 4, 2022. I have also used the formulas given above to estimate the corresponding price of SPY and VOO.Current P/E Ratio Based on Yardeni-Reported Analysts' ConsensusThe 16.88 P/E ratio calculated here is slightly higher than the one we saw using Factset data reported by Fastgraphs. It is still lower than the historical average P/E that prevailed during a period following overvaluation following the dot.com bust.But recall that Yardeni's own estimate of S&P 500 earnings growth is about half that of the analysts' he cites. If we use the Yardeni estimate and the S&P 500 level right now, we get this result.Current P/E Ratio Based on Yardeni Research EstimateMore Modest Earnings Estimates Push Up the P/E SignificantlyAs you can see, the more pessimistic earnings estimate gives us a P/E ratio that is priced for a stagnant period without a crash, but not a period following overvaluation.This points out how fragile any P/E ratio you see reported really is if it incorporates forward looking estimates. Analysts' estimates change and the consensus estimates from one data provider can be very different from that of another.Take with a grain of salt, therefore, any P/E ratio you see reported for any ETF, as the only accurate P/E figures are those for past years when actual earnings can be used to compute the P/E ratio. ETF providers don't reveal the extent to which the current P/E ratios they report embody forward estimates or if they do, whose estimates they are using.Takeaways for Valuation-Guided InvestorsKeep a close eye on third quarter earnings reports and corporate forward guidance because if earnings are declining more than expected, the P/E ratio of the S&P 500 could surge.Ignore any reporting that focuses on whether or not earnings beat \"beat analysts' consensus.\" What is important is whether earnings are rising Year over Year for the quarter, and how analysts' full year estimates change after a significant number of S&P 500 companies have reported those quarterly earnings.Fastgraphs subscribers should be even more cautious. Though I have found Fastgraphs very helpful in the past when beginning my research into individual stocks, I have often been misled by those rosy P/E ratios forecast for the next year. Treat any P/E ratio you see as having a wide range around the number reported.How Useful are Any Valuations Derived from The Past 20 Years?Back testing and historical results drawn from a period of low inflation, stable prices, and historically well-below-average borrowing costs is going to be very misleading now that none of those characteristics describes the current market environment. That might mean that the P/E ratios that prevailed throughout the past 20 years might be less helpful than I originally thought back before the Ukraine war pushed inflation up to levels not seen in many decades.We know for a fact that the P/E ratios that prevailed during the 1970s were far lower than any of the targets derived from the past 20 years.Year End P/E ratios of the S&P 500 from 1970 to 1981Source: www.multpl.comInflation really took off at the beginning of 1974 with the Oil Crisis tripling the price of a gallon of gasoline. A look at the P/E ratios that prevailed during this inflationary period is sobering. At current earnings, the price of the S&P 500 that would yield a P/E of 8.0 would be somewhere around 1800.No one knows if the current inflationary period will persist. But knowing what the possibilities are, I recommend that if you want to build a position in any S&P 500 ETF the wisest choice is to dollar cost average. Make small buys every month. Don't try to call a bottom or let FOMO get you investing money that the price of the S&P 500 was to drop precipitously would leave you without money you would need to spend.Compared to the situation we had over the period surrounding COVID-19, the valuation of the S&P 500 looks a lot more reasonable. But it will only stay reasonable if earnings for the year come in at a level corresponding to one of these current estimates and if companies can continue growing their earnings at a modest annual rate.If earnings crash and the S&P 500's earnings for 2022 decrease from what they were in 2021, especially if companies issue downbeat forward guidance, the P/E ratio of the S&P 500 will shoot up. That will put it back into overvalued territory, using the historical average P/E ratio levels drawn from the past twenty years, even though its price has declined dramatically.","news_type":1,"symbols_score_info":{"SPY":0.9,".SPX":0.9,"VOO":0.9}},"isVote":1,"tweetType":1,"viewCount":3663,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916791868,"gmtCreate":1664676725054,"gmtModify":1676537492424,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576831123463310","idStr":"3576831123463310"},"themes":[],"htmlText":"Like please&nbsp;","listText":"Like please&nbsp;","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9916791868","repostId":"1154667379","repostType":4,"repost":{"id":"1154667379","kind":"news","pubTimestamp":1664675625,"share":"https://ttm.financial/m/news/1154667379?lang=en_US&edition=fundamental","pubTime":"2022-10-02 09:53","market":"us","language":"en","title":"Apple Stock Faces Reality Check as Inflation Bites; Here’s What Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1154667379","media":"TipRanks","summary":"No one has been immune from the global economic downturn, and it looks like Apple (AAPL)is now feeli","content":"<div>\n<p>No one has been immune from the global economic downturn, and it looks like Apple (AAPL)is now feeling the pinch too. Ditching its previous plans to up production of its new iPhones after an expected ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/apple-stock-faces-reality-check-as-inflation-bites-heres-what-next\">Source Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock Faces Reality Check as Inflation Bites; Here’s What Next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock Faces Reality Check as Inflation Bites; Here’s What Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-02 09:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/apple-stock-faces-reality-check-as-inflation-bites-heres-what-next><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>No one has been immune from the global economic downturn, and it looks like Apple (AAPL)is now feeling the pinch too. Ditching its previous plans to up production of its new iPhones after an expected ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/apple-stock-faces-reality-check-as-inflation-bites-heres-what-next\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.tipranks.com/news/article/apple-stock-faces-reality-check-as-inflation-bites-heres-what-next","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154667379","content_text":"No one has been immune from the global economic downturn, and it looks like Apple (AAPL)is now feeling the pinch too. Ditching its previous plans to up production of its new iPhones after an expected increase in demand failed to transpire, the Street voiced its opinion on this bearish development by initially pushing the shares down.Wedbush analyst Daniel Ives is hardly surprised by the reaction.“Clearly this negative news in light of an already shaky macro and jittery market will send shockwaves across the Street with investors concerned this is another shoe to drop in this dark market with golden child Apple front and center,” said the analyst.However, Ives is not really concerned about the issue. According to all data points on offer in the U.S. and China, demand for the iPhone Pro “remains robust” and is leaning towards a 85%-90% mix for the iPhone 14 compared to ~65% with the iPhone 13.“This means much higher ASPs and a clear tailwind for Apple into FY23 at this pace,” Ives explained. For some Pro models, the waiting times have now moved into early November and Ives is of the belief that ahead of the holiday season, across Asia, Apple is “shifting production from the base model to Pro.”Ives concedes that the new iPhone’s base model sales have “clearly been underwhelming and softer than Apple expected,” which speaks to the fact that in the current weaker macro environment, consumers are unwilling to fork out for a smartphone that is “pricey with minimal enhancements” compared to the iPhone 13. However, the Pro model, says the analyst, is a “complete other story seeing positive demand.”So, down to business, what does it all mean for investors? Ives sticks with an Outperform (i.e., Buy) rating, backed by a Street-high $220 price target. Should the figure be met, investors will be sitting on returns of 47% a year from now.Looking at the consensus breakdown, based on 22 Buys, 4 Holds and 1 Sell, the stock claims a Strong Buy consensus rating. The analysts see shares climbing ~32% higher over the coming months, considering the average target stands at $182.89.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":4178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916026394,"gmtCreate":1664491721118,"gmtModify":1676537463170,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576831123463310","idStr":"3576831123463310"},"themes":[],"htmlText":"Like please&nbsp;","listText":"Like please&nbsp;","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9916026394","repostId":"1152954810","repostType":4,"repost":{"id":"1152954810","kind":"news","pubTimestamp":1664466614,"share":"https://ttm.financial/m/news/1152954810?lang=en_US&edition=fundamental","pubTime":"2022-09-29 23:50","market":"us","language":"en","title":"Fed Officials Reinforce Rate-Hike Calls, Say Markets Got Message","url":"https://stock-news.laohu8.com/highlight/detail?id=1152954810","media":"Bloomberg","summary":"Bullard says markets have ‘digested’ message on rate hikesMester says rates are ‘still not even in r","content":"<div>\n<p>Bullard says markets have ‘digested’ message on rate hikesMester says rates are ‘still not even in restricted territory’Federal Reserve officials reiterated Thursday that they will keep raising ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-09-29/fed-s-bullard-says-markets-have-gotten-the-message-on-rate-hikes\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed Officials Reinforce Rate-Hike Calls, Say Markets Got Message</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed Officials Reinforce Rate-Hike Calls, Say Markets Got Message\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-29 23:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-09-29/fed-s-bullard-says-markets-have-gotten-the-message-on-rate-hikes><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bullard says markets have ‘digested’ message on rate hikesMester says rates are ‘still not even in restricted territory’Federal Reserve officials reiterated Thursday that they will keep raising ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-09-29/fed-s-bullard-says-markets-have-gotten-the-message-on-rate-hikes\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2022-09-29/fed-s-bullard-says-markets-have-gotten-the-message-on-rate-hikes","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152954810","content_text":"Bullard says markets have ‘digested’ message on rate hikesMester says rates are ‘still not even in restricted territory’Federal Reserve officials reiterated Thursday that they will keep raising interest rates to restrain high inflation, and that markets are now understanding the message.“If you look at the dots, it does look like the committee is expecting a fair amount of additional moves this year,” St. Louis Fed President James Bullard told a virtual emerging-market forum, referring to the bank’s so-called dot plot of projections. “I think that that was digested by markets and does seem to be the right interpretation.”Cleveland Fed chief Loretta Mester repeated that officials are resolute in their quest to increase rates to a level seen as restrictive.“Real interest rates -- judged by the expectations over the next year of inflation -- have to be in positive territory and held there for a time,” she said earlier in an interview on CNBC. “We’re still not even in restricted territory on the funds rate.”Fed officials raised interest rates by 75 basis points on Sept. 21 for the third straight meeting, bringing the target for the benchmark federal funds rate to a range of 3% to 3.25%.Their quarterly Summary of Economic Projections, or dot plot, shows a median forecast of rates reaching 4.4% by the end of this year, implying a further 1.25 percentage points of tightening over their remaining two meetings in November and December.Mester said her forecast is probably a bit above the median path because she sees inflation being persistent, based on her conversations with businesses, community development groups and other sources.“In my SEP I have inflation coming down, but we have to bring interest rates up to get that downward shift in inflation,” she said, adding that the US economy has so far been able to handle the higher interest rates.UK TurmoilShe drew a distinction between US markets and what is happening in the UK, where the Bank of England announced Wednesday that it would launch unlimited bond buying to address market dysfunction. When the Fed announced its bond purchases in the early months of the pandemic, it did so at a time when it was also lowering rates to support the economy, she said.The BOE faces some communication issues because it is lifting rates but needed to purchase assets, which is typically viewed as a method for easing monetary policy, in order to support financial stability, Mester said.“It’s a challenging situation for them,” Mester said. “For financial stability reasons and for market functioning reasons they had to go in and buy bonds.”“Market functioning is incredibly important because you won’t be able to hit any monetary policy goals if the markets aren’t functioning,” she said. “That’s different than worrying about volatility in the markets.” Mester said that so far, there had been no sign of dysfunction in US financial markets.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1373,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9918955758,"gmtCreate":1664319765774,"gmtModify":1676537430189,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576831123463310","idStr":"3576831123463310"},"themes":[],"htmlText":"Like please&nbsp;","listText":"Like please&nbsp;","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9918955758","repostId":"2270246050","repostType":4,"repost":{"id":"2270246050","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1664289298,"share":"https://ttm.financial/m/news/2270246050?lang=en_US&edition=fundamental","pubTime":"2022-09-27 22:34","market":"us","language":"en","title":"Oracle to Pay $23 Million Over Foreign Bribery Allegations","url":"https://stock-news.laohu8.com/highlight/detail?id=2270246050","media":"Dow Jones","summary":"Oracle Corp. has agreed to pay $23 million to resolve allegations that it used slush funds to bribe ","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/ORCL\">Oracle Corp.</a> has agreed to pay $23 million to resolve allegations that it used slush funds to bribe foreign officials in return for business, the U.S. Securities and Exchange Commission said Tuesday.</p><p>Without admitting or denying the findings, Oracle will pay a $15 million fine and $8 million in disgorgement to settle claims that it violated the Foreign Corrupt Practices Act, the SEC said.</p><p>A spokesman for Oracle said of the settlement that &#34;the conduct outlined by the SEC is contrary to our core values and clear policies, and if we identify such behavior, we will take appropriate action.&#34;</p><p>The regulator had alleged that Oracle subsidiaries in Turkey, the United Arab Emirates and India created the slush funds between 2016 and 2019. In addition to bribery, the Turkey and U.A.E. subsidiaries also used the slush funds to send foreign officials to tech conferences, and in some cases, have their families accompany them to conferences or take side trips to California, according to the agency&#39;s order.</p><p>The SEC said this is the second time it has sanctioned Oracle over the alleged creation of slush funds.</p><p>The business-software giant resolved FCPA violation claims in 2012 over Oracle India&#39;s alleged use of $2.2 million in side funds to pay phony vendors. Oracle paid a $2 million fine to settle the SEC&#39;s allegations.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oracle to Pay $23 Million Over Foreign Bribery Allegations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOracle to Pay $23 Million Over Foreign Bribery Allegations\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-09-27 22:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/ORCL\">Oracle Corp.</a> has agreed to pay $23 million to resolve allegations that it used slush funds to bribe foreign officials in return for business, the U.S. Securities and Exchange Commission said Tuesday.</p><p>Without admitting or denying the findings, Oracle will pay a $15 million fine and $8 million in disgorgement to settle claims that it violated the Foreign Corrupt Practices Act, the SEC said.</p><p>A spokesman for Oracle said of the settlement that &#34;the conduct outlined by the SEC is contrary to our core values and clear policies, and if we identify such behavior, we will take appropriate action.&#34;</p><p>The regulator had alleged that Oracle subsidiaries in Turkey, the United Arab Emirates and India created the slush funds between 2016 and 2019. In addition to bribery, the Turkey and U.A.E. subsidiaries also used the slush funds to send foreign officials to tech conferences, and in some cases, have their families accompany them to conferences or take side trips to California, according to the agency&#39;s order.</p><p>The SEC said this is the second time it has sanctioned Oracle over the alleged creation of slush funds.</p><p>The business-software giant resolved FCPA violation claims in 2012 over Oracle India&#39;s alleged use of $2.2 million in side funds to pay phony vendors. Oracle paid a $2 million fine to settle the SEC&#39;s allegations.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ORCL":"甲骨文"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2270246050","content_text":"Oracle Corp. has agreed to pay $23 million to resolve allegations that it used slush funds to bribe foreign officials in return for business, the U.S. Securities and Exchange Commission said Tuesday.Without admitting or denying the findings, Oracle will pay a $15 million fine and $8 million in disgorgement to settle claims that it violated the Foreign Corrupt Practices Act, the SEC said.A spokesman for Oracle said of the settlement that \"the conduct outlined by the SEC is contrary to our core values and clear policies, and if we identify such behavior, we will take appropriate action.\"The regulator had alleged that Oracle subsidiaries in Turkey, the United Arab Emirates and India created the slush funds between 2016 and 2019. In addition to bribery, the Turkey and U.A.E. subsidiaries also used the slush funds to send foreign officials to tech conferences, and in some cases, have their families accompany them to conferences or take side trips to California, according to the agency's order.The SEC said this is the second time it has sanctioned Oracle over the alleged creation of slush funds.The business-software giant resolved FCPA violation claims in 2012 over Oracle India's alleged use of $2.2 million in side funds to pay phony vendors. Oracle paid a $2 million fine to settle the SEC's allegations.","news_type":1,"symbols_score_info":{"ORCL":1}},"isVote":1,"tweetType":1,"viewCount":1549,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9913411136,"gmtCreate":1664056049526,"gmtModify":1676537382669,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576831123463310","idStr":"3576831123463310"},"themes":[],"htmlText":"Like please&nbsp;","listText":"Like please&nbsp;","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9913411136","repostId":"1137021764","repostType":4,"repost":{"id":"1137021764","kind":"news","pubTimestamp":1663982759,"share":"https://ttm.financial/m/news/1137021764?lang=en_US&edition=fundamental","pubTime":"2022-09-24 09:25","market":"us","language":"en","title":"The Top 5 Stocks Cathie Wood Is Buying This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1137021764","media":"InvestorPlace","summary":"Cathie Wood has handed the reins for two of her ETFs to Ark Invest veteran Will Scherer.This week, s","content":"<div>\n<p>Cathie Wood has handed the reins for two of her ETFs to Ark Invest veteran Will Scherer.This week, she purchased shares in companies like Adobe, TuSimple and Velo3D.Shares of the ARKK Innovation ETF(...</p>\n\n<a href=\"https://investorplace.com/2022/09/the-top-5-stocks-cathie-wood-is-buying-this-week/\">Source Link</a>\n\n</div>\n","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Top 5 Stocks Cathie Wood Is Buying This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Top 5 Stocks Cathie Wood Is Buying This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-24 09:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/09/the-top-5-stocks-cathie-wood-is-buying-this-week/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood has handed the reins for two of her ETFs to Ark Invest veteran Will Scherer.This week, she purchased shares in companies like Adobe, TuSimple and Velo3D.Shares of the ARKK Innovation ETF(...</p>\n\n<a href=\"https://investorplace.com/2022/09/the-top-5-stocks-cathie-wood-is-buying-this-week/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF"},"source_url":"https://investorplace.com/2022/09/the-top-5-stocks-cathie-wood-is-buying-this-week/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137021764","content_text":"Cathie Wood has handed the reins for two of her ETFs to Ark Invest veteran Will Scherer.This week, she purchased shares in companies like Adobe, TuSimple and Velo3D.Shares of the ARKK Innovation ETF(ARKK) are down by over 55% year-to-date.Exchange-traded fund (ETF) manager Cathie Wood made headlines this week after she announced that she would cede control of her role as portfolio manager for the 3D Printing ETF (BATS:PRNT) and the ARK Israel Innovative Technology ETF (BATS:IZRL). Both ETFs carry over $100 million in assets under management.The Ark Invest CEO did not provide a concrete reason for her departure, although it was announced that Will Scherer would take over as PM for the two ETFs. Scherer joined the firm in 2014 and most recently served as a trading manager.The news has investors speculating that the 66-year old Wood is preparing her succession plans. Earlier in June, she appointed Sam Korus and Nicholas Grous as associate PMs. Up until then, Wood was Ark’s only PM. Still, it appears that loyal fans aren’t ready to part ways with the outspoken investor just yet.With that in mind, let’s take a look at the top five stocks that Wood purchased this week.The Top 5 Stocks Cathie Wood Is Buying This Week1. Velo3D Velo3D (NYSE:VLD) has an ambitious goal of becoming the largest metal additive manufacturing company by as early as the end of this year. The 3D metals printing company announced last week that it had sold seven of its Sapphire printers to Kevton Technologies. This marked one of the largest sales to a contract manufacturer since the company’s inception. The first two printers are expected to begin work during Q1 of next year.Velo3D has also experienced fast-paced growth, with revenue increasing by 15x in the past six quarters. In the most recent quarter, revenue tallied in at $19.6 million, up 60% year-over-year (YOY). Further dilution or equity raises in the near term seems unlikely, as the company had $142 million of cash on hand as of June 30.Between September 19 and September 23, the ARK Space Exploration & Innovation (BATS:ARKX) added 99,616 shares of VLD stock. After the purchase, ETF owns a total of 11.1 million shares.2. TuSimple TuSimple (NASDAQ:TSP) seeks to develop safe and efficient autonomous driving (AD) technology for trucks. However, shares of TSP stock have been hampered by a class-action lawsuit relating to an AD driving accident earlier this year.In April, The Wall Street Journal revealed that a truck with TSP AD technology had crashed on the highway into a cement barrier. At the time, TuSimple attributed the accident to “human error,” while the WSJ claimed that the accident was due to faulty technology. Afterwards, a class-action lawsuit was filed against the company, citing that it overstated its commitment to safety and rushed to bring its technology to the market. TSP shareholders have until Oct. 31 to join the lawsuit.This week, the ARK Innovation ETF (NYSEARCA:ARKK) acquired 241,626 shares of TSP stock. In the month of September, the ETF has purchased a total of 764,934 shares.3. Adobe Shares of Adobe (NASDAQ:ADBE) have fallen by about 30% in the past month after the software company announced that it would acquire Figma for a whopping $20 billion in cash and stock. Figma is a competitor to Adobe’s XD program and is a collaborative design platform. After the announcement, shares of ADBE fell by 17%, marking the largest decline since 2010.Figma was last valued at $10 billion in a 2021 funding round. However, shares of ADBE fell because investors believed that Adobe was paying way too much for Figma. This year, Figma is expected to generate more than $400 million in annual recurring revenue. That would mean that Adobe is paying a roughly 50x revenue multiple for the design platform. Now, Wood is stepping in and buying the dip.On Sept. 19, the ARK Next Generation Internet ETF (NYSEARCA:ARKW) purchased 22,874 shares of ADBE stock. This was the first purchase of Adobe by any ARK ETF since April 27.4. Intellia Therapeutics Intellia Therapeutics (NASDAQ:NTLA) is a genome editing company that uses CRISPR technology for human therapeutic use. However, shares of NTLA have been highly volatile and carry a 52-week high of $154.15 and a 52-week low of $37.08.Last week, the company revealed interim data from the cardiomyopathy arm of its ongoing Phase 1 study in collaboration with Regeneron Pharmaceuticals (NASDAQ:REGN). The results were promising, showing that NTLA-2001 provided mean serum transthyretin reductions between 92% and 94% with varying doses. The data supports NTLA-2001 as a one-time treatment to “permanently inactivate the TTR gene and reduce the disease-causing protein in people with ATTR-CM.”On Sept. 19, ARKK and the ARK Genomic Revolution ETF (BATS:ARKG) scooped up a combined 70,873 shares of NTLA stock. After the purchases, Intellia is now the seventh largest holding among all ARK ETFs.5. Verve Therapeutics Verve Therapeutics (NASDAQ:VERV) operates as a biotechnology company that seeks to treat cardiovascular diseases with single-course gene editing medicines. On Sept. 21, it was announced that the United Kingdom Medicines and Healthcare Products Regulatory Agency (MHRA) had approved the company’s clinical trial authorization (CTA) application. The trial will determine the effectiveness of VERVE-101 in patients with heterozygous familial hypercholesterolemia (HeFH).Chief medical and scientific officer Andrew Bellinger added:This CTA marks the second regulatory clearance for VERVE-101 as we execute our global strategy focused on bringing a potential single-course gene editing treatment to patients with ASCVD around the world, beginning with HeFH.Enrollments for the trial will begin “imminently,” starting with 40 adults affected by HeFH. Furthermore, VERVE-101 has already received clearance to begin heart-1 clinical trials in New Zealand. Interim data for the trial is expected to be released next year.This week, ARKK and ARKG purchased a combined 264,606 shares of VERV stock. After the purchases, Ark Invest now owns a total of 2.59 million shares.","news_type":1,"symbols_score_info":{"ARKK":0.9}},"isVote":1,"tweetType":1,"viewCount":1644,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9913008893,"gmtCreate":1663886001712,"gmtModify":1676537354197,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576831123463310","idStr":"3576831123463310"},"themes":[],"htmlText":"Like please&nbsp;","listText":"Like please&nbsp;","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9913008893","repostId":"1177261377","repostType":4,"repost":{"id":"1177261377","kind":"news","pubTimestamp":1663946501,"share":"https://ttm.financial/m/news/1177261377?lang=en_US&edition=fundamental","pubTime":"2022-09-23 23:21","market":"us","language":"en","title":"The Case For The S&P 500 Dropping To 2,200","url":"https://stock-news.laohu8.com/highlight/detail?id=1177261377","media":"Seeking Alpha","summary":"SummaryThe S&P 500 is at risk of heading much lower than many think.This is not hyperbole; it is bas","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>The S&amp;P 500 is at risk of heading much lower than many think.</li><li>This is not hyperbole; it is based on a combination of historical analysis and the realities of the current market climate.</li><li>While history doesn&#39;t repeat exactly, human nature has a way of making it &#34;rhyme&#34; with the past.</li><li>The technical condition of the broad stock market looks terrible on an intermediate-term basis.</li><li>There&#39;s always a chance for a &#34;save&#34; - e.g., by the Fed - but inflation completely changes the calculus.</li></ul><p>Remember back in late March of 2020? The S&amp;P 500 (SP500) had just lost about one-third of its value in five weeks. It fell from around 3,400 to just under 2,200. Lockdowns, panic, and red ink on stock portfolios were everywhere. Then, likeit was shot out of a cannon, yet another extension of the 11-year bull market that began back in 2009 commenced. But if this &#34;new era&#34; of investing in the stock market plays out the way it appears to be, based on current charts and recent history, that 2,200 level from late March 2020 could be the S&amp;P 500&#39;s ultimate destination before this bear market cycle concludes.</p><p><b>Current Evidence</b></p><p>In this new era of inflation, Fed-obsessed investors, algorithmic trading, and index-driven investment flows, the market is more of a confidence game than I&#39;ve seen in three decades of investing professionally. And that confidence is fading, drop by drop. As a 42-year chartist, my evidence always ultimately boils down to a picture. Here&#39;s one to explain it to you.</p><p><img src=\"https://static.tigerbbs.com/ea920e21231810c68359aaca3af08d36\" tg-width=\"640\" tg-height=\"286\" referrerpolicy=\"no-referrer\"/></p><p>What you don&#39;t want to see if you are looking for &#34;the bottom&#34; (TC2000)</p><p>This a technical chart (weekly prices) of the S&amp;P 500 back to late 2019, so you can see how far we&#39;ve come - and, perhaps, where we are going again. Because while any investment or index can rise in price at any time, the intermediate-term risk attached to nearly any market segment, theme, industry, or sector right now is high. Historically high.</p><p>What do I see in this chart? The top section of graph (price pattern) and the price percent oscillator (PPO) momentum indicator in the bottom section of the chart shows at least three important warning signs for those who are counting on a &#34;quick fix&#34; to the current stock market malaise.</p><p><b>That Stubborn Trendline</b></p><p>Since Jan. 4 of this year (the second trading day of 2022), the S&amp;P 500, and most of the global stock market, has been in a clear downward trend. That&#39;s the black line shown toward the top of the chart. Think of this line as marking the rite of passage if a new bull market is going to start anytime soon. The bulls have had three cracks at it - in April, August, and earlier this month. In all three cases, the result was, as we technicians say, &#34;failure.&#34; The S&amp;P 500&#39;s price failed to cross above and stay above that downward trend.</p><p>Frankly, breaking above that downtrend line is a pretty low bar for hopeful bullish stock investors right now. It would take a convincing, sustainable move toward the 4,300 area to negate all of the downward pressure that stocks have experienced this year. And that is still more than 10% from the S&amp;P 500&#39;s all-time high level around 4,800.</p><p><b>Those Darn Red Arrows</b></p><p>A more detailed version of what you just read above is to see how many false rallies we&#39;ve had during this eight-month downtrend for stocks. Every red arrow I drew into the chart marks a moment where bullish investors (and Wall Street firm cheerleaders, who need bull markets to keep their revenues flowing) might have felt that &#34;the bottom was in.&#34;</p><p>Well, there are 12 red arrows on that chart, and one orange arrow at the far right, as the recent market malaise sorts itself out. That&#39;s a lot of failure, and lends strong evidence to my belief that the most likely intermediate direction for the S&amp;P 500 is down - a lot.</p><p><b>Watch Out for the Cross</b></p><p>I&#39;ll spare you a full dissertation on the PPO, except to tell you that in 42 years of charting, I&#39;ve seen and tried a lot of different technical indicators. The PPO is my personal favorite, and the longer the time frame you look (e.g., charts of weekly prices v. daily, hourly, etc.), the more I have come to regard it as a market &#34;truth teller.&#34;</p><p>What the PPO on the S&amp;P 500 tells me now is that we are close to the weekly indicator crossing over to the downside. In English, that means decidedly negative price momentum. So, while shorter-term PPO time frames have already crossed over, this is the one that might just take us from all of those red arrows (rallies that fail) to something more serious, and something more emotional for investors on the way down.</p><p><b>Historical Evidence: The Dot-Com Era</b></p><p>At this point, you might be thinking the same thing many investors tell me when I proclaim that 2,200 could be the ultimate destination for the S&amp;P 500 in this bear cycle: &#34;No way - really?!&#34; Here&#39;s some history to either remind you or inform you of what happens when the stock market goes from an era of excessive speculation to increasing concern, and eventually to emotional chaos.</p><p>The S&amp;P 500 lost about half of its value from March 2000 to March 2003. Here&#39;s what that looked like.</p><p><img src=\"https://static.tigerbbs.com/9dc0e2b19c0fdb9c7a513fddf091eff0\" tg-width=\"640\" tg-height=\"401\" referrerpolicy=\"no-referrer\"/></p><p>S&amp;P 500: Dot-Com Bubble (Ycharts.com)</p><p>However, as with the current market environment in 2022, it was not as simple as a 50% &#34;flash crash.&#34; It was more like the proverbial boiling frog analogy. It took the form of a series of sharp drops and hopeful rallies. However, as has been the case in 2022, the rallies didn&#39;t last - and so I kept having to add more of those red arrows to that first chart.</p><p>Here&#39;s what happened starting 11 months into the dot-com bubble. The S&amp;P 500 had fallen about 20%, then gained back enough to leave it down only 10% from its all-time high. Yes, the same thing happened this year. Coincidence or human nature? It doesn&#39;t really matter. Price rules.</p><p><img src=\"https://static.tigerbbs.com/3e5b1c78e195588102f84a74a3bee661\" tg-width=\"640\" tg-height=\"424\" referrerpolicy=\"no-referrer\"/></p><p>S&amp;P 500: Dot-Com Bubble - just when you thought it was over! (Ycharts.com)</p><p>So that initial decline and recovery, which netted the S&amp;P 500 about a 10% loss, was succeeded by a whopping 40%+ decline. The S&amp;P 500&#39;s most recent rally topped out at around 4,300. Take 40% off of that, and you are in the 2,600 area. As history would have it, that was the better of the first two bear markets of this century.</p><p><b>Historical Evidence: Global Financial Crisis</b></p><p>If you are keeping score at home, the dot-com bust meant that index fund investors had to double their money just to earn a zero return since the start of that time frame. And they did exactly that, from 2003 through 2007.</p><p>And then, it happened again. Here&#39;s the S&amp;P 500 from October 2007 through March of 2009.</p><p><img src=\"https://static.tigerbbs.com/4dbb9483c84007e214ce0d1b40345d24\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/></p><p>S&amp;P 500: Global Financial Crisis (Ycharts.com)</p><p>Once again, there was the initial drop, the &#34;it&#39;s only a flesh wound&#34; (with apologies to &#34;Monty Python&#34;) phase, and then this from August 2008 through March 2009.</p><p><img src=\"https://static.tigerbbs.com/78eee7337e28dd849990a96ddc9e04a9\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/></p><p>S&amp;P 500 GFC - just when you thought it was over! (Ycharts.com)</p><p>The net result, as the previous chart showed, was a 56% drop from the peak. If you had invested in an S&amp;P 500 Index fund on Jan. 4, 2022, and the 2007-09 down move repeated itself, your ultimate destination would be around 2,100. So, a move from S&amp;P 4,800 down to 2,200 in the coming year or two doesn&#39;t seem so unlikely.</p><p><b>Observations and Conclusions</b></p><p>Stock market analysis and evaluation of risk is never an all-or-nothing proposition. Instead, it is about evaluating as many possible scenarios as you can, including some realistic but generally unthinkable ones. After all, any investment can go up at any time. What distinguishes any security and any market climate from any another is the amount of major risk you are taking when you put that capital to work.</p><p>Here in the final third of 2022, and considering potential reward and risk through to 2023, my conclusion is that the level of market risk is currently at a historically high rate.</p><p><b>The Good News for Bulls (for Now)</b></p><p>That doesn&#39;t mean 2,200 is a given. It just means that the odds favor much more downside from here. Whether by way of the Fed&#39;s magic wand or some change of heart by a hoard of investors, the S&amp;P 500 could reverse course, get happy again, and move toward and above that all-time high and above 5,000. It could happen this year or next year. One never knows.</p><p>But if you are &#34;counting&#34; on that based on the fact that we have not had a sustained decline in the S&amp;P 500 in over 13 years, you are investing with rose-colored glasses. Inflation is the new wildcard, and was not an issue during the periods shown above.</p><p>Furthermore, the nature of market participants has changed, with piles of money flooded into index funds, and so much short-term trading by professional and retail investors alike. The odds of something breaking are high. And the S&amp;P 500&#39;s chart is telling us that. We just need to listen.</p><p><b>What to Do if I&#39;m Right</b></p><p>As my team and I will cover extensively and exclusively at Seeking Alpha in the days, weeks, and months ahead, there is a wide variety of investment weapons available to investors today. These allow them to not simply defend bear markets in stocks and bonds, but exploit them for profit. But before any investor can consider that step, they must first acknowledge that at the present time accounting for risk of major loss, so you can prevent it, should be every investor&#39;s top priority.</p><p><b>The Key: Mix Offense and Defense in Portfolios</b></p><p>I truly believe markets are at a critical crossroads. That means the tremendous wealth accumulated over the past decade is at risk, for those who don&#39;t know how to mix defense with their offense. The bottom line is that this autumn, we find ourselves in a market climate that is only rivaled by the last two times investors saw half of the index funds&#39; value disappear. Be careful out there, and learn how to navigate this new and, dare I say, historic climate.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Case For The S&P 500 Dropping To 2,200</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Case For The S&P 500 Dropping To 2,200\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-23 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4542347-the-s-and-p-500-set-to-drop><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe S&P 500 is at risk of heading much lower than many think.This is not hyperbole; it is based on a combination of historical analysis and the realities of the current market climate.While ...</p>\n\n<a href=\"https://seekingalpha.com/article/4542347-the-s-and-p-500-set-to-drop\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index"},"source_url":"https://seekingalpha.com/article/4542347-the-s-and-p-500-set-to-drop","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177261377","content_text":"SummaryThe S&P 500 is at risk of heading much lower than many think.This is not hyperbole; it is based on a combination of historical analysis and the realities of the current market climate.While history doesn't repeat exactly, human nature has a way of making it \"rhyme\" with the past.The technical condition of the broad stock market looks terrible on an intermediate-term basis.There's always a chance for a \"save\" - e.g., by the Fed - but inflation completely changes the calculus.Remember back in late March of 2020? The S&P 500 (SP500) had just lost about one-third of its value in five weeks. It fell from around 3,400 to just under 2,200. Lockdowns, panic, and red ink on stock portfolios were everywhere. Then, likeit was shot out of a cannon, yet another extension of the 11-year bull market that began back in 2009 commenced. But if this \"new era\" of investing in the stock market plays out the way it appears to be, based on current charts and recent history, that 2,200 level from late March 2020 could be the S&P 500's ultimate destination before this bear market cycle concludes.Current EvidenceIn this new era of inflation, Fed-obsessed investors, algorithmic trading, and index-driven investment flows, the market is more of a confidence game than I've seen in three decades of investing professionally. And that confidence is fading, drop by drop. As a 42-year chartist, my evidence always ultimately boils down to a picture. Here's one to explain it to you.What you don't want to see if you are looking for \"the bottom\" (TC2000)This a technical chart (weekly prices) of the S&P 500 back to late 2019, so you can see how far we've come - and, perhaps, where we are going again. Because while any investment or index can rise in price at any time, the intermediate-term risk attached to nearly any market segment, theme, industry, or sector right now is high. Historically high.What do I see in this chart? The top section of graph (price pattern) and the price percent oscillator (PPO) momentum indicator in the bottom section of the chart shows at least three important warning signs for those who are counting on a \"quick fix\" to the current stock market malaise.That Stubborn TrendlineSince Jan. 4 of this year (the second trading day of 2022), the S&P 500, and most of the global stock market, has been in a clear downward trend. That's the black line shown toward the top of the chart. Think of this line as marking the rite of passage if a new bull market is going to start anytime soon. The bulls have had three cracks at it - in April, August, and earlier this month. In all three cases, the result was, as we technicians say, \"failure.\" The S&P 500's price failed to cross above and stay above that downward trend.Frankly, breaking above that downtrend line is a pretty low bar for hopeful bullish stock investors right now. It would take a convincing, sustainable move toward the 4,300 area to negate all of the downward pressure that stocks have experienced this year. And that is still more than 10% from the S&P 500's all-time high level around 4,800.Those Darn Red ArrowsA more detailed version of what you just read above is to see how many false rallies we've had during this eight-month downtrend for stocks. Every red arrow I drew into the chart marks a moment where bullish investors (and Wall Street firm cheerleaders, who need bull markets to keep their revenues flowing) might have felt that \"the bottom was in.\"Well, there are 12 red arrows on that chart, and one orange arrow at the far right, as the recent market malaise sorts itself out. That's a lot of failure, and lends strong evidence to my belief that the most likely intermediate direction for the S&P 500 is down - a lot.Watch Out for the CrossI'll spare you a full dissertation on the PPO, except to tell you that in 42 years of charting, I've seen and tried a lot of different technical indicators. The PPO is my personal favorite, and the longer the time frame you look (e.g., charts of weekly prices v. daily, hourly, etc.), the more I have come to regard it as a market \"truth teller.\"What the PPO on the S&P 500 tells me now is that we are close to the weekly indicator crossing over to the downside. In English, that means decidedly negative price momentum. So, while shorter-term PPO time frames have already crossed over, this is the one that might just take us from all of those red arrows (rallies that fail) to something more serious, and something more emotional for investors on the way down.Historical Evidence: The Dot-Com EraAt this point, you might be thinking the same thing many investors tell me when I proclaim that 2,200 could be the ultimate destination for the S&P 500 in this bear cycle: \"No way - really?!\" Here's some history to either remind you or inform you of what happens when the stock market goes from an era of excessive speculation to increasing concern, and eventually to emotional chaos.The S&P 500 lost about half of its value from March 2000 to March 2003. Here's what that looked like.S&P 500: Dot-Com Bubble (Ycharts.com)However, as with the current market environment in 2022, it was not as simple as a 50% \"flash crash.\" It was more like the proverbial boiling frog analogy. It took the form of a series of sharp drops and hopeful rallies. However, as has been the case in 2022, the rallies didn't last - and so I kept having to add more of those red arrows to that first chart.Here's what happened starting 11 months into the dot-com bubble. The S&P 500 had fallen about 20%, then gained back enough to leave it down only 10% from its all-time high. Yes, the same thing happened this year. Coincidence or human nature? It doesn't really matter. Price rules.S&P 500: Dot-Com Bubble - just when you thought it was over! (Ycharts.com)So that initial decline and recovery, which netted the S&P 500 about a 10% loss, was succeeded by a whopping 40%+ decline. The S&P 500's most recent rally topped out at around 4,300. Take 40% off of that, and you are in the 2,600 area. As history would have it, that was the better of the first two bear markets of this century.Historical Evidence: Global Financial CrisisIf you are keeping score at home, the dot-com bust meant that index fund investors had to double their money just to earn a zero return since the start of that time frame. And they did exactly that, from 2003 through 2007.And then, it happened again. Here's the S&P 500 from October 2007 through March of 2009.S&P 500: Global Financial Crisis (Ycharts.com)Once again, there was the initial drop, the \"it's only a flesh wound\" (with apologies to \"Monty Python\") phase, and then this from August 2008 through March 2009.S&P 500 GFC - just when you thought it was over! (Ycharts.com)The net result, as the previous chart showed, was a 56% drop from the peak. If you had invested in an S&P 500 Index fund on Jan. 4, 2022, and the 2007-09 down move repeated itself, your ultimate destination would be around 2,100. So, a move from S&P 4,800 down to 2,200 in the coming year or two doesn't seem so unlikely.Observations and ConclusionsStock market analysis and evaluation of risk is never an all-or-nothing proposition. Instead, it is about evaluating as many possible scenarios as you can, including some realistic but generally unthinkable ones. After all, any investment can go up at any time. What distinguishes any security and any market climate from any another is the amount of major risk you are taking when you put that capital to work.Here in the final third of 2022, and considering potential reward and risk through to 2023, my conclusion is that the level of market risk is currently at a historically high rate.The Good News for Bulls (for Now)That doesn't mean 2,200 is a given. It just means that the odds favor much more downside from here. Whether by way of the Fed's magic wand or some change of heart by a hoard of investors, the S&P 500 could reverse course, get happy again, and move toward and above that all-time high and above 5,000. It could happen this year or next year. One never knows.But if you are \"counting\" on that based on the fact that we have not had a sustained decline in the S&P 500 in over 13 years, you are investing with rose-colored glasses. Inflation is the new wildcard, and was not an issue during the periods shown above.Furthermore, the nature of market participants has changed, with piles of money flooded into index funds, and so much short-term trading by professional and retail investors alike. The odds of something breaking are high. And the S&P 500's chart is telling us that. We just need to listen.What to Do if I'm RightAs my team and I will cover extensively and exclusively at Seeking Alpha in the days, weeks, and months ahead, there is a wide variety of investment weapons available to investors today. These allow them to not simply defend bear markets in stocks and bonds, but exploit them for profit. But before any investor can consider that step, they must first acknowledge that at the present time accounting for risk of major loss, so you can prevent it, should be every investor's top priority.The Key: Mix Offense and Defense in PortfoliosI truly believe markets are at a critical crossroads. That means the tremendous wealth accumulated over the past decade is at risk, for those who don't know how to mix defense with their offense. The bottom line is that this autumn, we find ourselves in a market climate that is only rivaled by the last two times investors saw half of the index funds' value disappear. Be careful out there, and learn how to navigate this new and, dare I say, historic climate.","news_type":1,"symbols_score_info":{".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9919632646,"gmtCreate":1663799220485,"gmtModify":1676537336276,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576831123463310","idStr":"3576831123463310"},"themes":[],"htmlText":"Like please&nbsp;","listText":"Like please&nbsp;","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9919632646","repostId":"1139661476","repostType":4,"repost":{"id":"1139661476","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1663783576,"share":"https://ttm.financial/m/news/1139661476?lang=en_US&edition=fundamental","pubTime":"2022-09-22 02:06","market":"us","language":"en","title":"U.S. Stocks Turned Down After Fed Raised Rates By Another Three-Quarters of a Percentage Point","url":"https://stock-news.laohu8.com/highlight/detail?id=1139661476","media":"Tiger Newspress","summary":"U.S. stocks turned down after Fed raised rates by another three-quarters of a percentage point.","content":"<html><head></head><body><p>U.S. stocks turned down after Fed raised rates by another three-quarters of a percentage point.<img src=\"https://static.tigerbbs.com/179a9090e16e0b723891bacbafd4897d\" tg-width=\"486\" tg-height=\"119\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Stocks Turned Down After Fed Raised Rates By Another Three-Quarters of a Percentage Point</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Stocks Turned Down After Fed Raised Rates By Another Three-Quarters of a Percentage Point\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-09-22 02:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks turned down after Fed raised rates by another three-quarters of a percentage point.<img src=\"https://static.tigerbbs.com/179a9090e16e0b723891bacbafd4897d\" tg-width=\"486\" tg-height=\"119\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139661476","content_text":"U.S. stocks turned down after Fed raised rates by another three-quarters of a percentage point.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9919060715,"gmtCreate":1663714007037,"gmtModify":1676537318997,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576831123463310","idStr":"3576831123463310"},"themes":[],"htmlText":"Like please&nbsp;","listText":"Like please&nbsp;","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9919060715","repostId":"2268391042","repostType":4,"repost":{"id":"2268391042","kind":"news","pubTimestamp":1663663883,"share":"https://ttm.financial/m/news/2268391042?lang=en_US&edition=fundamental","pubTime":"2022-09-20 16:51","market":"us","language":"en","title":"VOO: Fresh Lows Could Be Ahead","url":"https://stock-news.laohu8.com/highlight/detail?id=2268391042","media":"Seeking Alpha","summary":"SummaryVanguard S&P 500 ETF is not offering a buying opportunity after the latest selloff.The downtr","content":"<html><head></head><body><h2>Summary</h2><ul><li>Vanguard S&amp;P 500 ETF is not offering a buying opportunity after the latest selloff.</li><li>The downtrend is likely to accelerate in the coming months due to the looming recession and tightening monetary policies.</li><li>Investor sentiment and valuations would be impacted by a large percentage of downside earnings revisions.</li><li>The historical data also suggests that going long ahead of a recession is not a prudent strategy.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5056e902bdaef835ab02d4d345d0153e\" tg-width=\"1080\" tg-height=\"720\" width=\"100%\" height=\"auto\"/><span>ronniechua</span></p><p>The S&amp;P 500 is on the edge of a bear market once again as the recovery from mid-June to mid-August proved to be no more than a bear market rally, in my opinion. In the last thirty days, the indexplunged around 9% and is currently only a few percentage points higher than its mid-June lows. I believe the broader market index, as well as related ETFs such as the Vanguard S&amp;P 500 ETF (NYSEARCA:VOO), are likely to hit new lows in the coming months, and the bear trend might last longer than the recent routes. What’s more concerning is that global GDP growth and corporate earnings are projected to fall further in the next year. In addition, historical trends suggest that the market has a lot more room to fall. Therefore, buying the latest dip doesn’t look like a prudent strategy to me.</p><h2>Demand Destruction Pushing Economies into Recession</h2><h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dc3c3e1aa15446ec437054d90c22084f\" tg-width=\"1236\" tg-height=\"689\" width=\"100%\" height=\"auto\"/><span>True_insights (Bloomberg)</span></p></h2><p>Economic and monetary policy directly affect stock market performance. Historically, the US stock market has faced challenges when economic numbers drop, but bull markets usually occur when monetary conditions are easy and economic growth is stable. There have been 10 official U.S. recessions since 1957 and the stock market has lost 29% on average after each recession. In economics, high prices or limited supply guides demand destruction. A number of factors are contributing to demand destruction at the moment, including high inflation, tightening monetary policies, the Russian war, and the Chinese economic slowdown.</p><p>Rating agencies and the World Bank are cutting their GDP growth forecasts for 2022 and 2023 due to the negative impact of demand destruction on business activities. Fitch, for instance, slashed its 2022 global growth forecast for the third time in nine months to 2.4%, down by 0.5% from its June forecast. For 2023, it expects the global GDP to grow by only 1.7%. It also projects the eurozone and UK will enter recession in the December quarter of 2022, and that the recession will last longer. Fitch also predicts a mild recession in the United States in mid-2023.</p><h2>Earnings Revisions</h2><p>As it appears that economies will fall into recession from the December quarter, analysts and companies are cutting earnings expectations faster. For example, FedEx (FDX), one of the world&#39;s largest air freight and logistics companies, missed earnings expectations for the first quarter by a greater margin. Additionally, the company expects the situation to worsen in the next quarter.</p><blockquote>Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the U.S. We are swiftly addressing these headwinds, but given the speed at which conditions shifted, Q1 results are below our expectations, CEO Raj Subramaniam said.</blockquote><p>It&#39;s evident from FedEx&#39;s earnings miss that the market environment is worse than many had predicted. In the quarters ahead, industrial, materials, and real estate sectors could face massive earnings reductions as a slower economic activity directly impacts their revenue generation capacities. This trend is also reflected in Seeking Alpha&#39;s poor quant grades for a large number of key industrial stocks. In contrast, mega-cap tech stocks including Apple (AAPL), Microsoft (MSFT), Alphabet (GOOG) (GOOGL), Amazon (AMZN), Tesla (TSLA), Meta Platforms (META), and Nvidia (NVDA) have seen an average earningsestimatedrop of 21.4% over the last 90 days, while projections for 2023 have declined 11.3%. In the case of VOO, the majority of its top 10 stock holdings, including Apple, Microsoft, Alphabet, and Amazon have seen a large number of downside earnings revisions for 2022 and 2023.</p><h2>Valuations</h2><p>The S&amp;P 500’s forward price-to-earnings ratio eased to around 16.9 at present, down from 1.84% in the previous quarter and 8.76% in the year-ago period. When stocks hit their 2022 low in mid-June, the forward PE was around 16.</p><p>S&amp;P 500&#39;s forward PE ratio could fall below its June lows if the bear trend intensifies in the coming months. Historically, PE ratios have fallen between 13 and 14 during recessions since 1990, with the exception of 2008 when the PE fell below 10. Further, a significant amount of earnings revisions in the coming quarters would put additional pressure on valuations. Any rally in stocks without earnings growth would make them expensive, and it appears that investors might not be willing to pay premiums ahead of a recession and tough monetary conditions.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6e6a297993692762ac59f1dc1b1ea631\" tg-width=\"602\" tg-height=\"362\" width=\"100%\" height=\"auto\"/><span>yardeni.com (8 tech mega-caps forward PE)</span></p><p>There is also a big difference between the forward earnings ratio of the S&amp;P 500 and that of mega-cap tech stocks. Tech giants like Apple, Microsoft, Alphabet, Amazon, Tesla, Meta Platforms, Netflix (NFLX), and Nvidia account for almost a quarter of the overall weight of the S&amp;P 500 index and almost half of the S&amp;P 500 growth index. These mega-cap tech stocks have on average a forward 12-month price-to-earnings ratio of around 25. These stocks received either a D or F Seeking Alpha quant grade on valuations. S&amp;P 500 might face steep losses in the days ahead if sentiments turn against paying a premium for big tech stocks due to recession and earnings revisions.</p><h2>Capitulation Phase</h2><p>After hot CPI data and increasing prospects for recession, it appears that investors are selling stakes in fear of more losses, a situation known as a capitulation phase. In general, capitulation occurs during bear markets.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7939879a7b810f27e55c49b90c33d95b\" tg-width=\"592\" tg-height=\"402\" width=\"100%\" height=\"auto\"/><span>Coatue Management (Investor Presentation)</span></p><p>Coatue Management&#39;s investor presentation also hinted that the markets are in a capitulation phase where the entire stock market will fall before reaching its bottom. Philippe Laffont&#39;s investment firm held 80 percent of its portfolio in cash as of June 2022 following a large number of sales in the first half. Like the dot-com bear market, the firm says non-profitable tech stocks fell in the first phase of 2021. In the second phase, both non-profitable and profitable tech stocks plunged in the first half of 2022. In the third phase, which is called the capitulation phase, the firm predicts the entire public sector is likely to face a downtrend and this phase is likely to last longer than the first two.</p><h2>Conclusion</h2><p>It is not the right time to buy ETFs such as VOO that track the performance of the S&amp;P 500 index in my opinion. As several indicators are sending bear market warnings, the ETF is likely to suffer more losses in the months ahead. FedEx&#39;s poor results and lower outlook have raised concerns over significant earnings revisions for the full year and 2023. Sentiment would also be impacted by the worsening economic situation, as major economic regions are likely to enter recession in the fourth quarter. Furthermore, lofty valuations and historical trends indicate downside movement.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>VOO: Fresh Lows Could Be Ahead</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVOO: Fresh Lows Could Be Ahead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-20 16:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4541903-voo-fresh-lows-could-be-ahead><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryVanguard S&P 500 ETF is not offering a buying opportunity after the latest selloff.The downtrend is likely to accelerate in the coming months due to the looming recession and tightening ...</p>\n\n<a href=\"https://seekingalpha.com/article/4541903-voo-fresh-lows-could-be-ahead\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VOO":"Vanguard标普500ETF"},"source_url":"https://seekingalpha.com/article/4541903-voo-fresh-lows-could-be-ahead","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2268391042","content_text":"SummaryVanguard S&P 500 ETF is not offering a buying opportunity after the latest selloff.The downtrend is likely to accelerate in the coming months due to the looming recession and tightening monetary policies.Investor sentiment and valuations would be impacted by a large percentage of downside earnings revisions.The historical data also suggests that going long ahead of a recession is not a prudent strategy.ronniechuaThe S&P 500 is on the edge of a bear market once again as the recovery from mid-June to mid-August proved to be no more than a bear market rally, in my opinion. In the last thirty days, the indexplunged around 9% and is currently only a few percentage points higher than its mid-June lows. I believe the broader market index, as well as related ETFs such as the Vanguard S&P 500 ETF (NYSEARCA:VOO), are likely to hit new lows in the coming months, and the bear trend might last longer than the recent routes. What’s more concerning is that global GDP growth and corporate earnings are projected to fall further in the next year. In addition, historical trends suggest that the market has a lot more room to fall. Therefore, buying the latest dip doesn’t look like a prudent strategy to me.Demand Destruction Pushing Economies into RecessionTrue_insights (Bloomberg)Economic and monetary policy directly affect stock market performance. Historically, the US stock market has faced challenges when economic numbers drop, but bull markets usually occur when monetary conditions are easy and economic growth is stable. There have been 10 official U.S. recessions since 1957 and the stock market has lost 29% on average after each recession. In economics, high prices or limited supply guides demand destruction. A number of factors are contributing to demand destruction at the moment, including high inflation, tightening monetary policies, the Russian war, and the Chinese economic slowdown.Rating agencies and the World Bank are cutting their GDP growth forecasts for 2022 and 2023 due to the negative impact of demand destruction on business activities. Fitch, for instance, slashed its 2022 global growth forecast for the third time in nine months to 2.4%, down by 0.5% from its June forecast. For 2023, it expects the global GDP to grow by only 1.7%. It also projects the eurozone and UK will enter recession in the December quarter of 2022, and that the recession will last longer. Fitch also predicts a mild recession in the United States in mid-2023.Earnings RevisionsAs it appears that economies will fall into recession from the December quarter, analysts and companies are cutting earnings expectations faster. For example, FedEx (FDX), one of the world's largest air freight and logistics companies, missed earnings expectations for the first quarter by a greater margin. Additionally, the company expects the situation to worsen in the next quarter.Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the U.S. We are swiftly addressing these headwinds, but given the speed at which conditions shifted, Q1 results are below our expectations, CEO Raj Subramaniam said.It's evident from FedEx's earnings miss that the market environment is worse than many had predicted. In the quarters ahead, industrial, materials, and real estate sectors could face massive earnings reductions as a slower economic activity directly impacts their revenue generation capacities. This trend is also reflected in Seeking Alpha's poor quant grades for a large number of key industrial stocks. In contrast, mega-cap tech stocks including Apple (AAPL), Microsoft (MSFT), Alphabet (GOOG) (GOOGL), Amazon (AMZN), Tesla (TSLA), Meta Platforms (META), and Nvidia (NVDA) have seen an average earningsestimatedrop of 21.4% over the last 90 days, while projections for 2023 have declined 11.3%. In the case of VOO, the majority of its top 10 stock holdings, including Apple, Microsoft, Alphabet, and Amazon have seen a large number of downside earnings revisions for 2022 and 2023.ValuationsThe S&P 500’s forward price-to-earnings ratio eased to around 16.9 at present, down from 1.84% in the previous quarter and 8.76% in the year-ago period. When stocks hit their 2022 low in mid-June, the forward PE was around 16.S&P 500's forward PE ratio could fall below its June lows if the bear trend intensifies in the coming months. Historically, PE ratios have fallen between 13 and 14 during recessions since 1990, with the exception of 2008 when the PE fell below 10. Further, a significant amount of earnings revisions in the coming quarters would put additional pressure on valuations. Any rally in stocks without earnings growth would make them expensive, and it appears that investors might not be willing to pay premiums ahead of a recession and tough monetary conditions.yardeni.com (8 tech mega-caps forward PE)There is also a big difference between the forward earnings ratio of the S&P 500 and that of mega-cap tech stocks. Tech giants like Apple, Microsoft, Alphabet, Amazon, Tesla, Meta Platforms, Netflix (NFLX), and Nvidia account for almost a quarter of the overall weight of the S&P 500 index and almost half of the S&P 500 growth index. These mega-cap tech stocks have on average a forward 12-month price-to-earnings ratio of around 25. These stocks received either a D or F Seeking Alpha quant grade on valuations. S&P 500 might face steep losses in the days ahead if sentiments turn against paying a premium for big tech stocks due to recession and earnings revisions.Capitulation PhaseAfter hot CPI data and increasing prospects for recession, it appears that investors are selling stakes in fear of more losses, a situation known as a capitulation phase. In general, capitulation occurs during bear markets.Coatue Management (Investor Presentation)Coatue Management's investor presentation also hinted that the markets are in a capitulation phase where the entire stock market will fall before reaching its bottom. Philippe Laffont's investment firm held 80 percent of its portfolio in cash as of June 2022 following a large number of sales in the first half. Like the dot-com bear market, the firm says non-profitable tech stocks fell in the first phase of 2021. In the second phase, both non-profitable and profitable tech stocks plunged in the first half of 2022. In the third phase, which is called the capitulation phase, the firm predicts the entire public sector is likely to face a downtrend and this phase is likely to last longer than the first two.ConclusionIt is not the right time to buy ETFs such as VOO that track the performance of the S&P 500 index in my opinion. As several indicators are sending bear market warnings, the ETF is likely to suffer more losses in the months ahead. FedEx's poor results and lower outlook have raised concerns over significant earnings revisions for the full year and 2023. Sentiment would also be impacted by the worsening economic situation, as major economic regions are likely to enter recession in the fourth quarter. Furthermore, lofty valuations and historical trends indicate downside movement.","news_type":1,"symbols_score_info":{"VOO":0.9}},"isVote":1,"tweetType":1,"viewCount":1359,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9937293048,"gmtCreate":1663451790784,"gmtModify":1676537270456,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576831123463310","idStr":"3576831123463310"},"themes":[],"htmlText":"Like please&nbsp;","listText":"Like please&nbsp;","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9937293048","repostId":"1193038112","repostType":4,"repost":{"id":"1193038112","kind":"news","pubTimestamp":1663373059,"share":"https://ttm.financial/m/news/1193038112?lang=en_US&edition=fundamental","pubTime":"2022-09-17 08:04","market":"us","language":"en","title":"Dare To Dream: Can QQQ Make New All-Time Highs In 2023?","url":"https://stock-news.laohu8.com/highlight/detail?id=1193038112","media":"Seeking Alpha","summary":"SummaryYou may have noticed that sentiment is dour at present. And when we say dour, we mean miserab","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>You may have noticed that sentiment is dour at present. And when we say dour, we mean miserable. Utterly despondent, in fact.</li><li>We don&#39;t share this view at all. We believe that securities prices run to their own tune, usually ahead of rather than in response to the news.</li><li>And we think the June low in the QQQ was the low, which means we think QQQ can make a new high in 2023.</li><li>We explain all below and lay out price targets, together with stop-loss levels just in case this idea does prove as nuts as it sounds.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3ffbc2edd68801fb0645bd8cc8e54714\" tg-width=\"1080\" tg-height=\"497\" width=\"100%\" height=\"auto\"/><span>AntonioSolano/iStock via Getty Images</span></p><p><b>Voodoo Nonsense - Ignore!</b></p><p>Technical analysis is like democracy. It&#39;s the worst tool anyone can think of for the job, except for all the other tools that anyone has yet thought of. Let&#39;s take the Nasdaq-100 index, in its QQQ ETF format. If you could construct any coherent narrative as to why the ETF fell to the level it did in the COVID crisis, ran up to the level it did in 2021, and then corrected to the level it has in 2022, we&#39;re all ears. We don&#39;t mean &#34;why did it sell off hard into COVID&#34; or &#34;why did it turn weak come 2022?&#34; We mean, why did it find support and resistance at those specific levels?</p><p>If you use fairly standard Elliott Wave and Fibonacci measures, the QQQ confirms almost perfectly to textbook levels since the 2018 lows. And because the pattern fits so well, in the larger and smaller degree, one has to ask oneself... are the Doom-Mongers of Fin Twit really correct that it&#39;s all going to zero?</p><p>Let&#39;s first of all take a look at the move from the Q4 2018 lows to the Q4 2021 highs. </p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4c9120d3593db409e5b620370d28decd\" tg-width=\"640\" tg-height=\"297\" width=\"100%\" height=\"auto\"/><span>QQQ Chart (TrendSpider, Cestrian Analysis)</span></p><p>The first thing to note is the start point. Right at the end of Q4 2018 the Fed had tried to normalize monetary policy by raising rates and planning to shrink, not grow, the size of its balance sheet. This caused a market tantrum such that most all of 2018&#39;s gains in the S&amp;P or the Nasdaq were wiped out. The bottom came in right at the end of the year. We can call that Point Zero.</p><p>QQQ then rose in a Wave 1 up, peaking at around $237 in February 2020, a fairly quick gain of 65% in the prior fourteen months or so. The chat at the time was that this was nuts and couldn&#39;t last.</p><p>Yikes, Freak Out!!</p><p>Now a very interesting thing happens. COVID hits and naturally enough the world freaks out as do investors. Rather surprisingly however, it turns out one can model a &#34;yikes freak out&#34; reaction in the market. &#34;Yikes freak out&#34; usually means a Wave 2 down, a fast and deep drop. And very often a Wave 2 down finds support at the 61.8% or 78.6% retracement of the prior Wave 1 up. The Covid lows in the QQQ were<i>precisely</i>a 78.6% drop from the Wave 1 highs back towards Point Zero. Likely not a coincidence.</p><p><b>Now The Long Road To Happiness</b></p><p>After a &#34;Yikes Freak Out&#34; Wave 2 comes a Wave 3 which are typically powerful upward moves. Which is what happens to the Qs coming out of COVID. You know all the reasons <i>why</i> it is said this happens - Fed helicopter money, crypto bros, work from home tech refresh cycle, all that - but put that aside for a moment because, really, who cares <i>why</i> it happened. Let&#39;s <i>measure</i> what happened. The chart above shows this. Wave 3s typically terminate at a minimum of the 100% extension of the prior Wave 1, and more commonly the 161.8% extension. More bullish levels are the 261.8%, 361.8%, and so on. (By the way, if Fibonacci extensions are new to you, fear not. Whilst the theory behind<i>why</i>Fibonacci numbers matter is complicated, the math involved in calculating how they apply to stock prices is not. The 161.8% extension of Wave 1 is calculated thus: take the stock price movement in Wave 1, multiply it by 1.618, and add that to the stock price at the Wave 2 low, hey presto, that&#39;s the 161.8% extension of Wave 1). Anyway. You can see that at the most recent all-time high, QQQ hit the 261.8% (=2.618) extension of Wave 1 almost to the dollar. Again, probably not a coincidence.</p><p><b>Then Comes Boiling The Frog</b></p><p>2022 comes and here we go with a Wave 4 down. Psychologically, emotionally, and potentially financially, Wave 4s are tough. Most people have become accustomed to the occasional shock and awe flash crash Wave 2. The panic is over as soon as it began. Also due to the mass psychology involved, which usually translates as<i>someone has to do something</i>, very often, someone does in fact do something - COVID stimulus being a prime example. But in a slow-boil Wave 4, the panic never really rises. Instead it&#39;s a stages-of-grief thing where if you&#39;re not careful you end up accepting and moving on. Which means you toss your account overboard and start a new day. Except you don&#39;t, because that&#39;s usually when the market rebounds and then you are too stunned to do anything about it, fearful that you will just buy into the next leg down. Actually the first half of 2022 saw Big Money do a fine job of work in this regard. If you look at how one measure of volatility, the Vix index, has moved vs. the panics of 2020 and indeed the Fed-tightening fear in 2018, it has barely moved at all - just traded sideways in a channel.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ae14b1ca4f0561e9aa095aa32de983e2\" tg-width=\"640\" tg-height=\"350\" width=\"100%\" height=\"auto\"/><span>Vix Chart (TradingView, Cestrian &#34;Analysis&#34;)</span></p><p>There are many reasons for this but chief amongst them has been the institutional use of out-of-the-money index puts that have been rolled out and down through the first half, slow and steady, no freaking out, just dragging down the indices and their proxy ETFs as market makers have had to sell those indices in order to hedge their positions (having sold puts to institutions, market makers are then long the market, so have to sell underlying securities in order to get back to neutral).</p><p>And this wave 4 right here is what has caused the it&#39;s-all-over mentality to take hold, in our view.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/52a7ab589c32698e50b1eb8755902c70\" tg-width=\"640\" tg-height=\"302\" width=\"100%\" height=\"auto\"/><span>QQQ Chart (TrendSpider, Cestrian Analysis)</span></p><p>It&#39;s been a deeper-than-expected correction for sure. With a 78.6% retraced Wave 2 you might normally expect a 38.2% retraced Wave 4 - that&#39;s based on nothing other than pattern recognition. The 38.2% retracement of Wave 3 was $315, which is where the QQQ set up camp for a while in February this year, before head-faking to the upside then digging for victory once more. Thus far the Wave 4 looks to have bottomed in June, between the 50% and 61.8% retracements of Wave 3.</p><p><b>Wait, Isn&#39;t This A Bullish Article?</b></p><p>So, the title of this article is, &#34;Dare To Dream&#34;. Looks more like a nightmare for 2022. Or does it? Let&#39;s zoom in to see what has happened since those June lows.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/941554bdc300eb4dad173f18f77aeafc\" tg-width=\"640\" tg-height=\"299\" width=\"100%\" height=\"auto\"/><span>QQQ Chart (TrendSpider, Cestrian Analysis)</span></p><p>The waves &amp; Fibonacci approach works in smaller and larger degrees. One cannot say that it&#39;s truly fractal in nature, as is often claimed, since there&#39;s no perfectly-repeating pattern in smaller and smaller degrees, but we can say that because the extensions and retracements are merely emotional and/or algorithmic reactions to the most recent price movements, they are self-referential in nature and that is why they scale up and down - because a larger degree move is relative to an earlier larger degree move, and a smaller degree move is relative to an earlier smaller degree move.</p><p>Look at the 5-waves up from the June lows. The Fib levels work nicely - a 78.6% retrace Wave ii, a 223.6% Wave iii extension of Wave i, and we&#39;ll see what happens with September options expiry (that&#39;s today at the time of writing) does to the Wave iv. But so far there is every chance we then get a smaller degree Wave v up (once September opex is done, a wall of puts will expire and market-maker short hedges will need to be covered, which can drive a move upwards).</p><p>And if that Wave v happens, and for it to be a Wave v it must peak above the Wave iii high - then that&#39;s ongoing confirmation that the June lows were the lows. We aren&#39;t there yet. We need to see that Wave v exceed QQQ $335ish. But if we do? Well, if that Wave v does arrive, the bear argument - that we&#39;re in a downwards channel that started last November and has featured only countertrend rallies since then - starts to look a lot weaker. Not necessarily wrong, anything can change, but weaker.</p><p>Then the outlook can be like ... this. A final flourish in the larger degree to complete a 5-wave cycle up off of those 2018 lows.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/915355750cdd99c2cfca3f27e8bcdada\" tg-width=\"640\" tg-height=\"300\" width=\"100%\" height=\"auto\"/><span>QQQ Chart (TrendSpider, Cestrian Analysis)</span></p><p>Now, we don&#39;t think this is a Wen Moon situation. We can make a technical argument that QQQ will peak in a Wave 5 in the 500s, 550s even, and maybe it will. But for the record and until facts disturb our opinion, we think that QQQ will make a new high in 2023, maybe early 2024. And then put in a Yikes Wave 2 in the even-larger-degree. Because those 1, 2, 3, 4, 5 waves up you see from 2018 to (maybe) 2023-4? They combine to form probably a Wave 1 up. Which means a Yikes Wave 2 next. Or, maybe they combine to form a Wave 3 up. In which case it&#39;s a Doom N Gloom Forever Wave 4 next. Either way, down. In our<i>Growth Investor Pro</i>service we lean bullish right now but much of our work positioning for possible upside ahead is done - we have our stocks and ETFs set up with stop ideas and accumulation price zones and price targets and all that. More of our time right now is being spent on ... how do we make big from the move down that comes after the next high. And for that? Stay tuned.</p><p>Oh and by the way. Want to play QQQ to the long side? Consider this approach.</p><p>1 - Wait to see if QQQ moves up above $288, which is the 0.786 retrace of the smaller-degree Wave iv above.</p><p>2 - If no, wait. (This is like one of those early multi-user dungeon games. &#34;Time passes ....&#34;)</p><p>3 - If yes, consider buying with a stop-loss a little below that $288 level ... $270-274 makes sense as it&#39;s below the Wave ii low so if it gets there, something has gone wrong.</p><p>4 - Consider accumulating a position in the range of $290-$300, slowly over time, buying on red days not green days.</p><p>5 - Consider holding to see if we can make it to $335 - the potential Wave v high. That&#39;s &gt;10% free money if so. At which point you can set a trailing stop or move your stops up or similar and then just decide how much of an ulcer you want to develop whilst waiting to see if QQQ can indeed beat the 2021 high.</p><p>Good luck to all!</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dare To Dream: Can QQQ Make New All-Time Highs In 2023?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDare To Dream: Can QQQ Make New All-Time Highs In 2023?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-17 08:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4541458-can-qqq-make-new-all-time-highs-in-2023><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryYou may have noticed that sentiment is dour at present. And when we say dour, we mean miserable. Utterly despondent, in fact.We don't share this view at all. We believe that securities prices ...</p>\n\n<a href=\"https://seekingalpha.com/article/4541458-can-qqq-make-new-all-time-highs-in-2023\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QQQ":"纳指100ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://seekingalpha.com/article/4541458-can-qqq-make-new-all-time-highs-in-2023","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193038112","content_text":"SummaryYou may have noticed that sentiment is dour at present. And when we say dour, we mean miserable. Utterly despondent, in fact.We don't share this view at all. We believe that securities prices run to their own tune, usually ahead of rather than in response to the news.And we think the June low in the QQQ was the low, which means we think QQQ can make a new high in 2023.We explain all below and lay out price targets, together with stop-loss levels just in case this idea does prove as nuts as it sounds.AntonioSolano/iStock via Getty ImagesVoodoo Nonsense - Ignore!Technical analysis is like democracy. It's the worst tool anyone can think of for the job, except for all the other tools that anyone has yet thought of. Let's take the Nasdaq-100 index, in its QQQ ETF format. If you could construct any coherent narrative as to why the ETF fell to the level it did in the COVID crisis, ran up to the level it did in 2021, and then corrected to the level it has in 2022, we're all ears. We don't mean \"why did it sell off hard into COVID\" or \"why did it turn weak come 2022?\" We mean, why did it find support and resistance at those specific levels?If you use fairly standard Elliott Wave and Fibonacci measures, the QQQ confirms almost perfectly to textbook levels since the 2018 lows. And because the pattern fits so well, in the larger and smaller degree, one has to ask oneself... are the Doom-Mongers of Fin Twit really correct that it's all going to zero?Let's first of all take a look at the move from the Q4 2018 lows to the Q4 2021 highs. QQQ Chart (TrendSpider, Cestrian Analysis)The first thing to note is the start point. Right at the end of Q4 2018 the Fed had tried to normalize monetary policy by raising rates and planning to shrink, not grow, the size of its balance sheet. This caused a market tantrum such that most all of 2018's gains in the S&P or the Nasdaq were wiped out. The bottom came in right at the end of the year. We can call that Point Zero.QQQ then rose in a Wave 1 up, peaking at around $237 in February 2020, a fairly quick gain of 65% in the prior fourteen months or so. The chat at the time was that this was nuts and couldn't last.Yikes, Freak Out!!Now a very interesting thing happens. COVID hits and naturally enough the world freaks out as do investors. Rather surprisingly however, it turns out one can model a \"yikes freak out\" reaction in the market. \"Yikes freak out\" usually means a Wave 2 down, a fast and deep drop. And very often a Wave 2 down finds support at the 61.8% or 78.6% retracement of the prior Wave 1 up. The Covid lows in the QQQ werepreciselya 78.6% drop from the Wave 1 highs back towards Point Zero. Likely not a coincidence.Now The Long Road To HappinessAfter a \"Yikes Freak Out\" Wave 2 comes a Wave 3 which are typically powerful upward moves. Which is what happens to the Qs coming out of COVID. You know all the reasons why it is said this happens - Fed helicopter money, crypto bros, work from home tech refresh cycle, all that - but put that aside for a moment because, really, who cares why it happened. Let's measure what happened. The chart above shows this. Wave 3s typically terminate at a minimum of the 100% extension of the prior Wave 1, and more commonly the 161.8% extension. More bullish levels are the 261.8%, 361.8%, and so on. (By the way, if Fibonacci extensions are new to you, fear not. Whilst the theory behindwhyFibonacci numbers matter is complicated, the math involved in calculating how they apply to stock prices is not. The 161.8% extension of Wave 1 is calculated thus: take the stock price movement in Wave 1, multiply it by 1.618, and add that to the stock price at the Wave 2 low, hey presto, that's the 161.8% extension of Wave 1). Anyway. You can see that at the most recent all-time high, QQQ hit the 261.8% (=2.618) extension of Wave 1 almost to the dollar. Again, probably not a coincidence.Then Comes Boiling The Frog2022 comes and here we go with a Wave 4 down. Psychologically, emotionally, and potentially financially, Wave 4s are tough. Most people have become accustomed to the occasional shock and awe flash crash Wave 2. The panic is over as soon as it began. Also due to the mass psychology involved, which usually translates assomeone has to do something, very often, someone does in fact do something - COVID stimulus being a prime example. But in a slow-boil Wave 4, the panic never really rises. Instead it's a stages-of-grief thing where if you're not careful you end up accepting and moving on. Which means you toss your account overboard and start a new day. Except you don't, because that's usually when the market rebounds and then you are too stunned to do anything about it, fearful that you will just buy into the next leg down. Actually the first half of 2022 saw Big Money do a fine job of work in this regard. If you look at how one measure of volatility, the Vix index, has moved vs. the panics of 2020 and indeed the Fed-tightening fear in 2018, it has barely moved at all - just traded sideways in a channel.Vix Chart (TradingView, Cestrian \"Analysis\")There are many reasons for this but chief amongst them has been the institutional use of out-of-the-money index puts that have been rolled out and down through the first half, slow and steady, no freaking out, just dragging down the indices and their proxy ETFs as market makers have had to sell those indices in order to hedge their positions (having sold puts to institutions, market makers are then long the market, so have to sell underlying securities in order to get back to neutral).And this wave 4 right here is what has caused the it's-all-over mentality to take hold, in our view.QQQ Chart (TrendSpider, Cestrian Analysis)It's been a deeper-than-expected correction for sure. With a 78.6% retraced Wave 2 you might normally expect a 38.2% retraced Wave 4 - that's based on nothing other than pattern recognition. The 38.2% retracement of Wave 3 was $315, which is where the QQQ set up camp for a while in February this year, before head-faking to the upside then digging for victory once more. Thus far the Wave 4 looks to have bottomed in June, between the 50% and 61.8% retracements of Wave 3.Wait, Isn't This A Bullish Article?So, the title of this article is, \"Dare To Dream\". Looks more like a nightmare for 2022. Or does it? Let's zoom in to see what has happened since those June lows.QQQ Chart (TrendSpider, Cestrian Analysis)The waves & Fibonacci approach works in smaller and larger degrees. One cannot say that it's truly fractal in nature, as is often claimed, since there's no perfectly-repeating pattern in smaller and smaller degrees, but we can say that because the extensions and retracements are merely emotional and/or algorithmic reactions to the most recent price movements, they are self-referential in nature and that is why they scale up and down - because a larger degree move is relative to an earlier larger degree move, and a smaller degree move is relative to an earlier smaller degree move.Look at the 5-waves up from the June lows. The Fib levels work nicely - a 78.6% retrace Wave ii, a 223.6% Wave iii extension of Wave i, and we'll see what happens with September options expiry (that's today at the time of writing) does to the Wave iv. But so far there is every chance we then get a smaller degree Wave v up (once September opex is done, a wall of puts will expire and market-maker short hedges will need to be covered, which can drive a move upwards).And if that Wave v happens, and for it to be a Wave v it must peak above the Wave iii high - then that's ongoing confirmation that the June lows were the lows. We aren't there yet. We need to see that Wave v exceed QQQ $335ish. But if we do? Well, if that Wave v does arrive, the bear argument - that we're in a downwards channel that started last November and has featured only countertrend rallies since then - starts to look a lot weaker. Not necessarily wrong, anything can change, but weaker.Then the outlook can be like ... this. A final flourish in the larger degree to complete a 5-wave cycle up off of those 2018 lows.QQQ Chart (TrendSpider, Cestrian Analysis)Now, we don't think this is a Wen Moon situation. We can make a technical argument that QQQ will peak in a Wave 5 in the 500s, 550s even, and maybe it will. But for the record and until facts disturb our opinion, we think that QQQ will make a new high in 2023, maybe early 2024. And then put in a Yikes Wave 2 in the even-larger-degree. Because those 1, 2, 3, 4, 5 waves up you see from 2018 to (maybe) 2023-4? They combine to form probably a Wave 1 up. Which means a Yikes Wave 2 next. Or, maybe they combine to form a Wave 3 up. In which case it's a Doom N Gloom Forever Wave 4 next. Either way, down. In ourGrowth Investor Proservice we lean bullish right now but much of our work positioning for possible upside ahead is done - we have our stocks and ETFs set up with stop ideas and accumulation price zones and price targets and all that. More of our time right now is being spent on ... how do we make big from the move down that comes after the next high. And for that? Stay tuned.Oh and by the way. Want to play QQQ to the long side? Consider this approach.1 - Wait to see if QQQ moves up above $288, which is the 0.786 retrace of the smaller-degree Wave iv above.2 - If no, wait. (This is like one of those early multi-user dungeon games. \"Time passes ....\")3 - If yes, consider buying with a stop-loss a little below that $288 level ... $270-274 makes sense as it's below the Wave ii low so if it gets there, something has gone wrong.4 - Consider accumulating a position in the range of $290-$300, slowly over time, buying on red days not green days.5 - Consider holding to see if we can make it to $335 - the potential Wave v high. That's >10% free money if so. At which point you can set a trailing stop or move your stops up or similar and then just decide how much of an ulcer you want to develop whilst waiting to see if QQQ can indeed beat the 2021 high.Good luck to all!","news_type":1,"symbols_score_info":{"QQQ":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9937299700,"gmtCreate":1663451744701,"gmtModify":1676537270448,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576831123463310","idStr":"3576831123463310"},"themes":[],"htmlText":"Like please&nbsp;","listText":"Like please&nbsp;","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9937299700","repostId":"2267061868","repostType":4,"repost":{"id":"2267061868","kind":"news","pubTimestamp":1663374316,"share":"https://ttm.financial/m/news/2267061868?lang=en_US&edition=fundamental","pubTime":"2022-09-17 08:25","market":"us","language":"en","title":"Apple Stock: Watch Out for These Catalysts","url":"https://stock-news.laohu8.com/highlight/detail?id=2267061868","media":"TipRanks","summary":"Story HighlightsApple’s blockbuster Far Out show has the world buzzing over what could potentially b","content":"<div>\n<p>Story HighlightsApple’s blockbuster Far Out show has the world buzzing over what could potentially be the most successful iteration of the iPhone. Moreover, with its relatively strong results in the ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/apple-stock-nasdaqaapl-watch-out-for-these-catalysts\">Source Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock: Watch Out for These Catalysts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock: Watch Out for These Catalysts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-17 08:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/apple-stock-nasdaqaapl-watch-out-for-these-catalysts><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsApple’s blockbuster Far Out show has the world buzzing over what could potentially be the most successful iteration of the iPhone. Moreover, with its relatively strong results in the ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/apple-stock-nasdaqaapl-watch-out-for-these-catalysts\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.tipranks.com/news/article/apple-stock-nasdaqaapl-watch-out-for-these-catalysts","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2267061868","content_text":"Story HighlightsApple’s blockbuster Far Out show has the world buzzing over what could potentially be the most successful iteration of the iPhone. Moreover, with its relatively strong results in the third quarter, it has the potential to continue expanding its top and bottom-line results.September has been a forgettable month for the stock market, but it turned out to be the opposite for Apple stock (NASDAQ:AAPL). The tech giant wrapped up its hotly anticipated Far Out event recently, where it unveiled the latest versions of the iPhone, AirPods, and Apple Watch, much to the delight of its loyal customer base. Moreover, despite the headwinds, its steady revenue expansion and EBITDA growth over the past year make it a solid bet over the long term. Hence, we are bullish on AAPL stock.Similar to previous versions of the iPhone, the newest iteration was able to capture the imaginations of its customer base yet again. Moreover, the biggest surprise was no hike in the price of the iPhone 14 in the U.S. The ability to retain its pricing suggests it’s struck an incredible balance between growth and profitability. The strategy is likely to boost sales immensely once it hits the markets.Furthermore, keeping its prices in check is doubly important now, considering the drop in discretionary spending. High prices will likely make customers fret over spending over $1,000 on an iPhone, but keeping its prices steady is an incredible achievement.Apple’s latest products will likely be a major catalyst for its business. Layer that up with its sticky Apple services, and you have a juggernaut that should steamroll its competition. Most analysts believe these new products will likely elevate its stock price soon. With the current pull-back in prices, it’s probably the right move to invest in AAPL stock.AAPL Stock Could Move Higher in the Near-TermDespite the economic challenges, AAPL stock was able to kick start a few short-lived rallies. Before the Far Out event, Apple stock was deep in the red, but the event’s success kickstarted a rally. Also, the upcoming quarter will be an important litmus test for the business, which could also boost AAPL stock to new heights.With rising inflation across the globe, most tech companies reported low sales numbers, and their stock prices took a massive beating. However, Apple’s third-quarter results were much better than expected, considering the circumstances. With the company’s amazing track record, it’s tough to count out its growth trajectory.Apple Had a Remarkable Third Quarter ShowingApple’s revenues came in at $83 billion for Q3, almost a 2% improvement from the prior-year period. Despite the economic downturn, Apple reported its net profit of $19.4 billion and earnings per share of $1.20, which came in $0.04 higher than analyst estimates. Moreover, it generated record sales in its Services segment. The resilient results during the quarter demonstrate the impact of Apple on its massive customer base.Moreover, the company could generate close to $40.7 billion while dealing with the threat of recession. It seems Apple has done well to manage the impact of inflation and grow its results at a steady pace. It has set itself up for bumper quarters ahead with the release of new products.Apple Expands Production Outside of ChinaApple has announced that it will expand its production outside China to diversify its supply chain and reduce its reliance on a single country. Consequently, Apple invested $1 billion in India, along with expanding into existing facilities in Vietnam and Brazil. The company is also working on setting up a new production line in the U.S.This represents a major shift for Apple, which has so far relied on China for most of its manufacturing. With the reduction in production-related bottlenecks, Apple can effectively manage its operational costs and boost its bottom-line results in the years to come. With the global supply chain challenges, its imperative for companies to have a diversified production base.Is Apple Stock a Buy or a Sell?Turning to Wall Street, AAPL stock maintains a Strong Buy consensus rating. Out of 28 total analyst ratings, 23 Buys, four Holds, and one Sell were assigned over the past three months. The average AAPL price target is $183.56, implying a 20.5% upside potential. Analyst price targets range from a low of $136 per share to a high of $220 per share.Takeaway: AAPL Stock is the Leader of Big TechApple is the crème de la crème as far as tech companies are concerned. It has a history of producing premium products, which continue to capture the imaginations of its customer base. The iPhone Series has been a cash cow for the company and is unlikely to change anytime soon. It has generated billions of dollars for the company, and every new version of the iPhone proves its naysayers wrong.Moreover, the company’s penchant for innovation and diversification remains its strong suit and is arguably the growth catalyst it needs to be successful in the long haul. Additionally, the company remains consistent in rewarding its shareholders.Considering its strong customer base, high demand, high returns, and massive free cash flow, it would not be surprising if AAPL stock performs exceedingly well over the long term. It has, time and again, proven its critics wrong by posting incredible results across all its core and non-core segments.","news_type":1,"symbols_score_info":{"AAPL":1}},"isVote":1,"tweetType":1,"viewCount":1615,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9937601254,"gmtCreate":1663406727479,"gmtModify":1676537266982,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576831123463310","idStr":"3576831123463310"},"themes":[],"htmlText":"Like please&nbsp;","listText":"Like please&nbsp;","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9937601254","repostId":"1129633132","repostType":4,"repost":{"id":"1129633132","kind":"news","pubTimestamp":1663378125,"share":"https://ttm.financial/m/news/1129633132?lang=en_US&edition=fundamental","pubTime":"2022-09-17 09:28","market":"us","language":"en","title":"Nvidia: Ethereum Merge Unleashes A Tsunami Of Used Graphics Cards","url":"https://stock-news.laohu8.com/highlight/detail?id=1129633132","media":"Seeking Alpha","summary":"SummaryEthereum completes its transition to proof-of-stake, ending lucrative and energy-consuming “m","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Ethereum completes its transition to proof-of-stake, ending lucrative and energy-consuming “mining”.</li><li>Correcting the Ethereum hash rate model to account for used graphics card sales accounts for Nvidia’s fiscal Q2 results.</li><li>The impact of the Merge on Nvidia’s sales will be, at best, ugly.</li><li>How will the Merge affect Nvidia’s expected RTX 40 series launch?</li><li>Investor takeaways: Will Nvidia need to restate guidance for this quarter?</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4f531f7b392a181968ec72c4a8f89f8e\" tg-width=\"1080\" tg-height=\"613\" referrerpolicy=\"no-referrer\"/><span>vzphotos/iStock Editorial via Getty Images</span></p><p>The Ethereum Foundation, which manages the Ether cryptocurrency, has announced completion of what it calls the Merge, whereby validation of new blocks of transactions no longer takes place by &#34;mining&#34;. The millions of high-end graphics cards that are used for this will no longer beneeded for the new &#34;proof-of-stake&#34; approach, so that most of these will likely find their way into the used card market. This will depress demand for new graphics cards just when Nvidia (NASDAQ:NVDA) is set to announce its next-generation GeForce 40 series.</p><p><b>Ethereum completes its transition to proof-of-stake, ending lucrative and energy consuming &#34;mining&#34;</b></p><p>The transition of Ethereum to proof-of-stake was called the Merge because it involved combining the parallel block chain that was already using proof-of-stake experimentally with the main block chain that was using traditional mining, called proof-of-work. This is shown below in this diagram from the Ethereum Foundation:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4872c823bfeb3e06182d2d3f6ab87879\" tg-width=\"640\" tg-height=\"574\" referrerpolicy=\"no-referrer\"/><span>Ethereum.org</span></p><p>Mining was really just transaction processing, in which a number of Ethereum transactions would be bundled into a block and encrypted. But the encryption process was made artificially difficult, requiring millions of high end graphics cards in the mining pool to process a block in a reasonable period of time.</p><p>In the new proof-of-stake approach, the artificial difficulty is removed, so that hardware requirements can be met by almost any computer, ending the need for graphics card processing and the attendant energy consumption. Ethereum claims this will reduce energy consumption by 99.95%.</p><p>Some miners may go to work on a &#34;hard fork&#34; of Ethereum, in effect, a secession of the currency into a new one called EthereumPOW. This currency will continue to use proof-of-work, but it&#39;s unclear whether mining this will be profitable.</p><p>Probably, the vast majority of cards will go on the used card market and be sold on venues such as eBay.</p><p><b>Correcting the Ethereum hash rate model to account for used graphics card sales</b></p><p>Following Nvidia&#39;s revised guidance for its fiscal 2023 Q2, I realized that I needed to revise my model of Ethereum-related sales of graphics cards. I had published an article detailing the model in July.</p><p>The problem with the model was that it only accounted for sales into the Ethereum mining pool when the pool was adding capacity, i.e., adding new cards to the pool. It worked fine as long as the pool was still growing.</p><p>However, starting in mid-May, the Ethereum mining pool hash rate, a measure of mining capacity, started to decline, as shown in the following chart from BitInfoCharts:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fe36f2d53f47c0d7e5cdf964d09c67fa\" tg-width=\"640\" tg-height=\"408\" referrerpolicy=\"no-referrer\"/><span>BinInfoCharts</span></p><p>This implied that a substantial number of graphics cards were being removed from the pool. If I assumed that these cards were comparable to current generation Nvidia and AMD (AMD) cards, then it was reasonable to assume that every used card sold was a lost new card sale.</p><p>This turned out to account very well for Nvidia&#39;s fiscal Q2 results, if we assume that a normal quarterly revenue in Nvidia&#39;s Gaming segment is about $2.5 billion. During the Fiscal Q2 conference call, Nvidia specifically claimed that this would be their normal average Gaming segment revenue without crypto. In my spreadsheet calculations, it was easy to calculate the used card effect simply by allowing the change in mining pool cards to go negative, with a negative net revenue for the cards:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8223bcd7d3f44c30f5c60970c616fe0f\" tg-width=\"640\" tg-height=\"393\" referrerpolicy=\"no-referrer\"/><span>Mark Hibben</span></p><p>Note that the revenue impact doesn&#39;t only fall on Nvidia, but the timing of Nvidia&#39;s fiscal Q2 lined up better with the fall in Ethereum mining capacity and likely release of cards into the used card market. AMD will likely feel the impact in its Q3 results.</p><p><b>The impact of the Merge on Nvidia&#39;s sales will be, at best, ugly</b></p><p>The model provides a means of anticipating what happens when the Ethereum hash rate effectively goes to zero, post Merge. And it&#39;s not pretty. In an article on August 21, I gave my subscribers a heads-up concerning the impact of the Merge, and I further revised my model results on September 11.</p><p>If we assume that the entire mining pool consists of newer graphics cards released since September 2020 (RTX 30 series for Nvidia), then Nvidia&#39;s RTX 30 series sales for Q3 are completely wiped out, as shown in the spreadsheet calculations extended to Q3:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c00465fed542c67659f55786fcdf366b\" tg-width=\"640\" tg-height=\"358\" referrerpolicy=\"no-referrer\"/><span>Mark Hibben</span></p><p>The model deducts the hash rate contribution due to Nvidia Crypto Mining Processors (CMP). These cannot be sold into the used graphics cards market, since they lack display outputs.</p><p>This amounts to assuming that all of the cards used in mining before September 2020 (about when the RTX 30 series launched) were replaced with newer cards. This probably isn&#39;t absolutely correct, and the mining pool has consisted of a mixture of older and newer cards.</p><p>As a lower bound, we can assume that none of the older cards were replaced. These cards would not impact new card sales, since they aren&#39;t comparable to current generation cards. The model can deduct these cards from the calculated revenue impact by simply deducting the pre-September 2020 hash rate of 228.2361 terahash/sec (THASH) for the mining pool:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ac0a909d1edae7870adea14e3f987d28\" tg-width=\"640\" tg-height=\"351\" referrerpolicy=\"no-referrer\"/><span>Mark Hibben</span></p><p>So the lost revenue impact for Nvidia looks to be in the range of $2-3 billion, and it probably won&#39;t fall all in Q3 but be distributed over several quarters. The effect of the Merge is to effectively zero out Nvidia&#39;s crypto revenue over time. The revenue made during Ethereum&#39;s mining pool expansion is negated by lost revenue post Merge, with the exception of CMP revenue and revenue from older graphics cards that might still have been in the pool at the time of the Merge.</p><p><b>How will the Merge affect Nvidia&#39;s expected RTX 40 series launch?</b></p><p>Nvidia has been expected to announce its GeForce RTX 40 series cards for some time, and Nvidia posted this announcement on its website:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5c5990337b62c49447e21da39a199e14\" tg-width=\"640\" tg-height=\"400\" referrerpolicy=\"no-referrer\"/><span>Nvidia</span></p><p>Various tech pundits are claiming that this is the worst time for Nvidia to launch a new generation of gaming graphics cards. One important feature expected of the RTX 40 series is support for PCIE 5.0. This could be important in reducing the impact of the Ethereum Merge.</p><p>The current generation of Nvidia and AMD cards only support PCIE 4.0, the prevailing standard at the time of their introduction in late 2020. PCIE 5.0 will double the communication bandwidth compared to 4.0. It&#39;s not clear how critical that will be to gaming performance, but it should eliminate PCIE as a bottleneck, if it ever was.</p><p>Just as important, new generation CPUs will have to support PCIE 5.0, since the GPU is typically linked directly to the CPU through a built in PCIE 16 lane (x16) interface. This is the preferred architecture for maximum gaming performance, and all modern CPUs provide at least 16 lanes of PCIE for this purpose.</p><p>Intel (INTC) already supports PCIE 5.0 in its latest Alder Lake 12th generation Core series of desktop CPUs. Since Alder Lake launched early this year, there have been no PCIE 5.0 graphics cards to take advantage of the interface, but the current installed base of Alder Lake systems represents a waiting market for the new PCIE 5.0 cards.</p><p>Unfortunately, I don&#39;t have an estimate of Alder Lake sales, so I have no idea what the size of that market might be. Current generation AMD Ryzen 5000 series desktop CPUs only offer PCIE 4.0, but the Ryzen 7000 series has been announced with support for PCIE 5.0, with a launch expected in October. AMD&#39;s next-generation GPUs have only been &#34;teased&#34; but are expected to support PCIE 5.0 as well.</p><p>The performance desktop market (mostly gamers) is moving rapidly to PCIE 5.0, and Nvidia will have, at least for a few months, the only graphics cards that support it. Gamers tend to be early adopters and favor the highest performance technology.</p><p>Since<i>none</i>of the used cards released from the Merge will support PCIE 5.0, this may serve to somewhat isolate the RTX 40 series launch from the impact of the Merge. How much isolation is still unclear.</p><p>Most of the current population of gaming systems will only support PCIE 4.0, so this part of the market would probably not buy RTX 40 series in any case. Most 40 series sales will go into new system builds.</p><p>Certainly, the impact of the Merge will be to weaken sales of the RTX 40 series at launch. However, overall sales in the Gaming segment will probably benefit from the launch. The 40 series launch will give the segment a revenue stream it would not have had otherwise.</p><p><b>Investor takeaways: will Nvidia need to restate guidance for this quarter?</b></p><p>Nvidia guided to revenue of $5.9 billion for fiscal Q3 during the Q2 conference call, and this implies revenue in the gaming segment of about $1 billion. Did Nvidia account for the Merge in their guidance?</p><p>When asked specifically about the impact of the Merge, Nvidia management had no comment, and professed an inability to account for the crypto impact. The guidance was claimed to be due to a retail channel inventory glut.</p><p>If Nvidia really wasn&#39;t accounting for the Merge, then almost certainly it will need to restate guidance for Q3. Probably, the RTX 40 series launch will not be enough to provide the roughly $1 billion in Gaming segment revenue.</p><p>In my Nvidia integrated financial model, I&#39;m assuming a $3 billion hit due to the Merge and another $1 billion due to inventory correction. In the model, this is distributed over the next four quarters from fiscal 2023 Q3 to fiscal 2024 Q2, with Gaming segment sales only starting to recover in fiscal 2024 Q3.</p><p>Despite this, I&#39;m still modeling growth in the all-important Data Center segment. Nvidia&#39;s next-generation data center accelerator, the Hopper H100, is testing out to be very impressive and is in production now with deliveries expected by the end of the calendar year.</p><p>Hopper should ensure continued growth in the Data Center segment, and the advent of Grace, Nvidia&#39;s ARM architecture CPU for the data center, should further enhance growth. Data Center growth largely compensates for revenue declines expected in Gaming for this year and next, according to the model:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8026f845d3af92219bdc2bb1bc67be19\" tg-width=\"640\" tg-height=\"458\" referrerpolicy=\"no-referrer\"/><span>Mark Hibben</span></p><p>According to my long-term Discounted Cash Flow model, Nvidia has a fair value of $192. I consider Nvidia&#39;s future to be very bright, despite the impact of crypto in the near term.</p><p>Currently, I have Nvidia rated at Hold, and Nvidia has been a relatively small part of the Rethink Technology portfolio since selling most of my Nvidia shares (at a substantial profit) in April. I&#39;m pretty close to upgrading Nvidia to Buy, but I&#39;m waiting to see if the Merge (and possible guidance restatement) will drive Nvidia&#39;s price even lower.</p><p>Also, I&#39;m waiting to see what Nvidia has to offer in its new 40 series on September 20. Nvidia has consistently set the performance bar in the desktop graphics card market. Most likely, Nvidia is already undervalued.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia: Ethereum Merge Unleashes A Tsunami Of Used Graphics Cards</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia: Ethereum Merge Unleashes A Tsunami Of Used Graphics Cards\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-17 09:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4541459-nvidia-ethereum-merge-unleashes-tsunami-of-used-graphics-cards?source=content_type%3Areact%7Csection%3AAll%7Csection_asset%3AAnalysis%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A1><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryEthereum completes its transition to proof-of-stake, ending lucrative and energy-consuming “mining”.Correcting the Ethereum hash rate model to account for used graphics card sales accounts for ...</p>\n\n<a href=\"https://seekingalpha.com/article/4541459-nvidia-ethereum-merge-unleashes-tsunami-of-used-graphics-cards?source=content_type%3Areact%7Csection%3AAll%7Csection_asset%3AAnalysis%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4541459-nvidia-ethereum-merge-unleashes-tsunami-of-used-graphics-cards?source=content_type%3Areact%7Csection%3AAll%7Csection_asset%3AAnalysis%7Cfirst_level_url%3Asymbol%7Cbutton%3ATitle%7Clock_status%3ANo%7Cline%3A1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129633132","content_text":"SummaryEthereum completes its transition to proof-of-stake, ending lucrative and energy-consuming “mining”.Correcting the Ethereum hash rate model to account for used graphics card sales accounts for Nvidia’s fiscal Q2 results.The impact of the Merge on Nvidia’s sales will be, at best, ugly.How will the Merge affect Nvidia’s expected RTX 40 series launch?Investor takeaways: Will Nvidia need to restate guidance for this quarter?vzphotos/iStock Editorial via Getty ImagesThe Ethereum Foundation, which manages the Ether cryptocurrency, has announced completion of what it calls the Merge, whereby validation of new blocks of transactions no longer takes place by \"mining\". The millions of high-end graphics cards that are used for this will no longer beneeded for the new \"proof-of-stake\" approach, so that most of these will likely find their way into the used card market. This will depress demand for new graphics cards just when Nvidia (NASDAQ:NVDA) is set to announce its next-generation GeForce 40 series.Ethereum completes its transition to proof-of-stake, ending lucrative and energy consuming \"mining\"The transition of Ethereum to proof-of-stake was called the Merge because it involved combining the parallel block chain that was already using proof-of-stake experimentally with the main block chain that was using traditional mining, called proof-of-work. This is shown below in this diagram from the Ethereum Foundation:Ethereum.orgMining was really just transaction processing, in which a number of Ethereum transactions would be bundled into a block and encrypted. But the encryption process was made artificially difficult, requiring millions of high end graphics cards in the mining pool to process a block in a reasonable period of time.In the new proof-of-stake approach, the artificial difficulty is removed, so that hardware requirements can be met by almost any computer, ending the need for graphics card processing and the attendant energy consumption. Ethereum claims this will reduce energy consumption by 99.95%.Some miners may go to work on a \"hard fork\" of Ethereum, in effect, a secession of the currency into a new one called EthereumPOW. This currency will continue to use proof-of-work, but it's unclear whether mining this will be profitable.Probably, the vast majority of cards will go on the used card market and be sold on venues such as eBay.Correcting the Ethereum hash rate model to account for used graphics card salesFollowing Nvidia's revised guidance for its fiscal 2023 Q2, I realized that I needed to revise my model of Ethereum-related sales of graphics cards. I had published an article detailing the model in July.The problem with the model was that it only accounted for sales into the Ethereum mining pool when the pool was adding capacity, i.e., adding new cards to the pool. It worked fine as long as the pool was still growing.However, starting in mid-May, the Ethereum mining pool hash rate, a measure of mining capacity, started to decline, as shown in the following chart from BitInfoCharts:BinInfoChartsThis implied that a substantial number of graphics cards were being removed from the pool. If I assumed that these cards were comparable to current generation Nvidia and AMD (AMD) cards, then it was reasonable to assume that every used card sold was a lost new card sale.This turned out to account very well for Nvidia's fiscal Q2 results, if we assume that a normal quarterly revenue in Nvidia's Gaming segment is about $2.5 billion. During the Fiscal Q2 conference call, Nvidia specifically claimed that this would be their normal average Gaming segment revenue without crypto. In my spreadsheet calculations, it was easy to calculate the used card effect simply by allowing the change in mining pool cards to go negative, with a negative net revenue for the cards:Mark HibbenNote that the revenue impact doesn't only fall on Nvidia, but the timing of Nvidia's fiscal Q2 lined up better with the fall in Ethereum mining capacity and likely release of cards into the used card market. AMD will likely feel the impact in its Q3 results.The impact of the Merge on Nvidia's sales will be, at best, uglyThe model provides a means of anticipating what happens when the Ethereum hash rate effectively goes to zero, post Merge. And it's not pretty. In an article on August 21, I gave my subscribers a heads-up concerning the impact of the Merge, and I further revised my model results on September 11.If we assume that the entire mining pool consists of newer graphics cards released since September 2020 (RTX 30 series for Nvidia), then Nvidia's RTX 30 series sales for Q3 are completely wiped out, as shown in the spreadsheet calculations extended to Q3:Mark HibbenThe model deducts the hash rate contribution due to Nvidia Crypto Mining Processors (CMP). These cannot be sold into the used graphics cards market, since they lack display outputs.This amounts to assuming that all of the cards used in mining before September 2020 (about when the RTX 30 series launched) were replaced with newer cards. This probably isn't absolutely correct, and the mining pool has consisted of a mixture of older and newer cards.As a lower bound, we can assume that none of the older cards were replaced. These cards would not impact new card sales, since they aren't comparable to current generation cards. The model can deduct these cards from the calculated revenue impact by simply deducting the pre-September 2020 hash rate of 228.2361 terahash/sec (THASH) for the mining pool:Mark HibbenSo the lost revenue impact for Nvidia looks to be in the range of $2-3 billion, and it probably won't fall all in Q3 but be distributed over several quarters. The effect of the Merge is to effectively zero out Nvidia's crypto revenue over time. The revenue made during Ethereum's mining pool expansion is negated by lost revenue post Merge, with the exception of CMP revenue and revenue from older graphics cards that might still have been in the pool at the time of the Merge.How will the Merge affect Nvidia's expected RTX 40 series launch?Nvidia has been expected to announce its GeForce RTX 40 series cards for some time, and Nvidia posted this announcement on its website:NvidiaVarious tech pundits are claiming that this is the worst time for Nvidia to launch a new generation of gaming graphics cards. One important feature expected of the RTX 40 series is support for PCIE 5.0. This could be important in reducing the impact of the Ethereum Merge.The current generation of Nvidia and AMD cards only support PCIE 4.0, the prevailing standard at the time of their introduction in late 2020. PCIE 5.0 will double the communication bandwidth compared to 4.0. It's not clear how critical that will be to gaming performance, but it should eliminate PCIE as a bottleneck, if it ever was.Just as important, new generation CPUs will have to support PCIE 5.0, since the GPU is typically linked directly to the CPU through a built in PCIE 16 lane (x16) interface. This is the preferred architecture for maximum gaming performance, and all modern CPUs provide at least 16 lanes of PCIE for this purpose.Intel (INTC) already supports PCIE 5.0 in its latest Alder Lake 12th generation Core series of desktop CPUs. Since Alder Lake launched early this year, there have been no PCIE 5.0 graphics cards to take advantage of the interface, but the current installed base of Alder Lake systems represents a waiting market for the new PCIE 5.0 cards.Unfortunately, I don't have an estimate of Alder Lake sales, so I have no idea what the size of that market might be. Current generation AMD Ryzen 5000 series desktop CPUs only offer PCIE 4.0, but the Ryzen 7000 series has been announced with support for PCIE 5.0, with a launch expected in October. AMD's next-generation GPUs have only been \"teased\" but are expected to support PCIE 5.0 as well.The performance desktop market (mostly gamers) is moving rapidly to PCIE 5.0, and Nvidia will have, at least for a few months, the only graphics cards that support it. Gamers tend to be early adopters and favor the highest performance technology.Sincenoneof the used cards released from the Merge will support PCIE 5.0, this may serve to somewhat isolate the RTX 40 series launch from the impact of the Merge. How much isolation is still unclear.Most of the current population of gaming systems will only support PCIE 4.0, so this part of the market would probably not buy RTX 40 series in any case. Most 40 series sales will go into new system builds.Certainly, the impact of the Merge will be to weaken sales of the RTX 40 series at launch. However, overall sales in the Gaming segment will probably benefit from the launch. The 40 series launch will give the segment a revenue stream it would not have had otherwise.Investor takeaways: will Nvidia need to restate guidance for this quarter?Nvidia guided to revenue of $5.9 billion for fiscal Q3 during the Q2 conference call, and this implies revenue in the gaming segment of about $1 billion. Did Nvidia account for the Merge in their guidance?When asked specifically about the impact of the Merge, Nvidia management had no comment, and professed an inability to account for the crypto impact. The guidance was claimed to be due to a retail channel inventory glut.If Nvidia really wasn't accounting for the Merge, then almost certainly it will need to restate guidance for Q3. Probably, the RTX 40 series launch will not be enough to provide the roughly $1 billion in Gaming segment revenue.In my Nvidia integrated financial model, I'm assuming a $3 billion hit due to the Merge and another $1 billion due to inventory correction. In the model, this is distributed over the next four quarters from fiscal 2023 Q3 to fiscal 2024 Q2, with Gaming segment sales only starting to recover in fiscal 2024 Q3.Despite this, I'm still modeling growth in the all-important Data Center segment. Nvidia's next-generation data center accelerator, the Hopper H100, is testing out to be very impressive and is in production now with deliveries expected by the end of the calendar year.Hopper should ensure continued growth in the Data Center segment, and the advent of Grace, Nvidia's ARM architecture CPU for the data center, should further enhance growth. Data Center growth largely compensates for revenue declines expected in Gaming for this year and next, according to the model:Mark HibbenAccording to my long-term Discounted Cash Flow model, Nvidia has a fair value of $192. I consider Nvidia's future to be very bright, despite the impact of crypto in the near term.Currently, I have Nvidia rated at Hold, and Nvidia has been a relatively small part of the Rethink Technology portfolio since selling most of my Nvidia shares (at a substantial profit) in April. I'm pretty close to upgrading Nvidia to Buy, but I'm waiting to see if the Merge (and possible guidance restatement) will drive Nvidia's price even lower.Also, I'm waiting to see what Nvidia has to offer in its new 40 series on September 20. Nvidia has consistently set the performance bar in the desktop graphics card market. Most likely, Nvidia is already undervalued.","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":1097,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9934597988,"gmtCreate":1663281580744,"gmtModify":1676537240720,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3576831123463310","idStr":"3576831123463310"},"themes":[],"htmlText":"Like please&nbsp;","listText":"Like please&nbsp;","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9934597988","repostId":"1112685413","repostType":4,"repost":{"id":"1112685413","kind":"news","pubTimestamp":1663252053,"share":"https://ttm.financial/m/news/1112685413?lang=en_US&edition=fundamental","pubTime":"2022-09-15 22:27","market":"us","language":"en","title":"Pfizer vs. Moderna: Which Vaccine-Maker Has More Upside?","url":"https://stock-news.laohu8.com/highlight/detail?id=1112685413","media":"TipRanks","summary":"Story HighlightsPfizer and Moderna are top COVID-19 stocks that could continue to be winners well af","content":"<div>\n<p>Story HighlightsPfizer and Moderna are top COVID-19 stocks that could continue to be winners well after the pandemic is over. Let’s check in with each stock and see where Wall Street stands on each ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/pfizer-vs-moderna-which-vaccine-maker-has-more-upside\">Source Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pfizer vs. Moderna: Which Vaccine-Maker Has More Upside?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPfizer vs. Moderna: Which Vaccine-Maker Has More Upside?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-15 22:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/pfizer-vs-moderna-which-vaccine-maker-has-more-upside><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsPfizer and Moderna are top COVID-19 stocks that could continue to be winners well after the pandemic is over. Let’s check in with each stock and see where Wall Street stands on each ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/pfizer-vs-moderna-which-vaccine-maker-has-more-upside\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞","MRNA":"Moderna, Inc."},"source_url":"https://www.tipranks.com/news/article/pfizer-vs-moderna-which-vaccine-maker-has-more-upside","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112685413","content_text":"Story HighlightsPfizer and Moderna are top COVID-19 stocks that could continue to be winners well after the pandemic is over. Let’s check in with each stock and see where Wall Street stands on each name.Pfizer (NYSE:PFE) and Moderna (NASDAQ:MRNA) are the big-two COVID-19 vaccine makers that have seen shares fall back to Earth in recent months. Although both stocks may look tempting to investors, I believe Pfizer may have more upside potential.Undoubtedly, we’re still in a pandemic, but things are pretty much back to normal. America has reopened its doors, and things are unlikely to change, even if a new Omicron variant sparks an outbreak for the fall or winter season.Indeed, booster shots are a major reason the American economy can keep its doors open as the coronavirus continues spreading. We’ve learned to live with the disease, and with no end to the pandemic in sight, Pfizer and Moderna stand to continue extending their vaccine windfalls.In due time, the pandemic will end, and demand for vaccines could begin to fall alongside the severity of future strains. Nobody expected Pfizer or Moderna’s COVID-19 businesses to continue raking in impressive cash flows forever. Each stock sports a low single-digit price-to-earnings (P/E) multiple in anticipation of a drastic fall-off in vaccine demand.In any case, Pfizer and Moderna are two biopharma companies with innovation in their veins. The potential of mRNA technology could have the potential to be far-reaching, and it’s these two plays that seem like terrific buys on the dip, even as they move beyond COVID-19.With Moderna going after Pfizer and BioNTech for COVID-19 vaccine patent infringement, the two COVID-19 rivals could find themselves in a legal tussle for quite some time. In any case, don’t expect such a suit to impact supply ahead of future COVID-19 waves.Let’s look closely at Pfizer and Moderna to see how each firm stacks up going into a recession year and a post-COVID environment.PfizerPfizer is a biopharma behemoth that’s been on quite a spending spree of late, with the acquisition of Biohaven Pharmaceuticals for $11.6 billion and Blood Therapeutics for $5.4 billion. Such deals are intriguing and seem to be a terrific use of excess funds from the COVID-19 business.As Pfizer continues making considerable sums on booster shots, investors can expect Pfizer to continue to pursue opportunities in the space to keep its pipeline full and its growth rate elevated.Undoubtedly, Pfizer doesn’t have a track record for growth. It’s a $260 billion behemoth that’s been weighed down by a generics business for many years. With the generics business spun off and a new focus on growth, Pfizer seems more than capable of growing like a firm that’s a fraction of its size.The Biohaven and Blood Therapeutics deals add an impressive portfolio of drugs aboard, as well as promising candidates that could have blockbuster potential in the future. With Biohaven, Pfizer gains a promising migraine business and third-generation glutamate-modulation platform Troriluzole, among other very intriguing offerings. The migraine franchise should do wonders for helping Pfizer hold its own in the latter half of the decade once the COVID-19 business winds down.It isn’t just the migraine business that’s intriguing. Troriluzole is in phase three of clinical trials for treating OCD (obsessive-compulsive disorder) and Spinocerebellar Ataxia (SCA). The drug has blockbuster potential and could help Pfizer transition into a post-Comirnaty world.Pfizer is readying for the end of the COVID-19 windfall, but the COVID business may still have room to run into 2023 or even 2024. It’s hard to tell when the pandemic will end, but even if it doesn’t, Pfizer’s boosters and oral treatments will be vital in keeping things normal for the duration of the pandemic.Pfizer stock looks like a cheap biopharma stock to make it through a recession year. At writing, the stock trades at 8.9 times trailing earnings and just 2.7 times sales.Is Pfizer Stock a Buy, Sell, or Hold?Wall Street is bullish but muted on Pfizer stock with a Moderate Buy consensus rating. This is based on four Buys and seven Holds assigned in the past three months. With an average PFE stock price target of $56.20, analysts expect a 22% upside potential.ModernaModerna is betting big on mRNA technology, with a pipeline full of innovations with blockbuster potential. Unlike Pfizer, Moderna has more to lose if COVID-19 vaccine demand dissipates. In any case, demand may not be so quick to fade as the world gears for another wave of spread. In the latest quarter, Moderna saw COVID-19 vaccine revenues rise 8%. The company is on its way to hitting its $21 billion sales estimate.Beyond COVID-19, Moderna stock is more of a question mark. Various vaccine trials — including RSV (respiratory virus) — are in the late stages and could help spark the next leg higher for the stock, even if the economy falls into a recession over the next few months.Indeed, Moderna stock has the potential to fuel a lowly-correlated return moving forward. In any case, it’s all about boosters as the firm pushes for its next big thing. For a firm that delivered one of the biggest innovations with Spikevax over the past few years, I think Moderna can pull off another breakthrough.For now, investors are curbing their expectations. The stock boasts a 4.6 times trailing earnings multiple and a 2.7 times sales multiple. That’s not at all indicative of a pioneer in a nascent market full of potential. I don’t think Moderna stock is a trap or a one-hit wonder, even if vaccine demand were to sink rapidly through 2023. The pipeline is full of too much promise.What is the Price Target for MRNA Stock?Wall Street expects Moderna’s returns to be promising over the next year. Similar to Pfizer, analysts have a Moderate Buy consensus rating on Moderna based on four Buys, five Holds, and one Sell. However, with an average MRNA stock price target of $209.60, the upside potential equates to 50.8%.Takeaway: Pfizer Might be the Better BuyModerna and Pfizer are both great bets following their recent declines (23% and 71%, respectively). However, at this juncture, I prefer Pfizer stock because it looks better prepared for a move into a post-pandemic environment.","news_type":1,"symbols_score_info":{"MRNA":0.9,"PFE":0.9}},"isVote":1,"tweetType":1,"viewCount":1246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":273714640056512,"gmtCreate":1707862805161,"gmtModify":1707862808478,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576831123463310","authorIdStr":"3576831123463310"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a>&nbsp;","text":"$Apple(AAPL)$","images":[{"img":"https://community-static.tradeup.com/news/d93542a96b09a54e600d2309f2948d7d","width":"981","height":"1637"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":1,"link":"https://ttm.financial/post/273714640056512","isVote":1,"tweetType":1,"viewCount":4787,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4170730932054622","authorId":"4170730932054622","name":"Andolo","avatar":"https://community-static.tradeup.com/news/e894d5d4f8ea76f4e78eb4e95dce2e5e","crmLevel":11,"crmLevelSwitch":0,"idStr":"4170730932054622","authorIdStr":"4170730932054622"},"content":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","html":"Great ariticle, would you like to share it?"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":194647989,"gmtCreate":1621380269341,"gmtModify":1704356551887,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576831123463310","authorIdStr":"3576831123463310"},"themes":[],"htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":9,"repostSize":0,"link":"https://ttm.financial/post/194647989","repostId":"2136738931","repostType":4,"repost":{"id":"2136738931","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621318800,"share":"https://ttm.financial/m/news/2136738931?lang=en_US&edition=fundamental","pubTime":"2021-05-18 14:20","market":"hk","language":"en","title":"JD Logistics launches Hong Kong IPO to raise up to US$3.4 billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2136738931","media":"Tiger Newspress","summary":"The logistics arm of Chinese e-commerce giant JD.com started marketing its Hong Kong initial public offering  to retail investors on Monday at a price range of HK$39.36 to HK$43.36 per share, which could see the firm raise as much as HK$26.4 billion  if the deal is priced at the top end.JD Logistics' public offering will run from Monday to Friday. Its shares are expected to begin trading on the Hong Kong bourse's main board on May 28.JD Logistics' offering is expected to be the second multibilli","content":"<p>The logistics arm of Chinese e-commerce giant JD.com started marketing its Hong Kong initial public offering (IPO) to retail investors on Monday at a price range of HK$39.36 to HK$43.36 per share, which could see the firm raise as much as HK$26.4 billion (US$3.4 billion) if the deal is priced at the top end.<a href=\"https://www.itiger.com/mi/ipo?feature=Push\" target=\"_blank\"><b>（Click here To apply for the JD Logistics Shares）</b></a><b></b></p><p>JD Logistics' public offering will run from Monday to Friday. Its shares are expected to begin trading on the Hong Kong bourse's main board on May 28.</p><p>JD Logistics plans to sell 609.2 million shares, representing 10 per cent of its enlarged share capital. There is an over-allotment option to sell up to 91.4 million more shares if there is a strong demand.</p><p><img src=\"https://static.tigerbbs.com/cd9320033ea7302952fa2cb6ece8339a\" tg-width=\"958\" tg-height=\"464\"></p><p>Your application must be for a minimum of 100 Hong Kong Offer Shares and in one of the numbers set out in the table. You are required to pay the amount next to the number you select.</p><p><img src=\"https://static.tigerbbs.com/b1f72efeb4b54a02dbfe728ebb1099dd\" tg-width=\"958\" tg-height=\"437\"></p><p>JD Logistics' offering is expected to be the second multibillion-dollar IPO on the Hong Kong bourse this year, after Tencent-backed short video platform Kuaishou Technology raised US$6.2 billion in January. The Kuaishou offering was the biggest IPO globally so far this year.</p><p>Eight cornerstone investors have committed to buy a total of US$1.5 billion worth of JD Logistics shares, which would account for about 39 per cent of its global offering if the deal is priced at the top end.</p><p>The investors include Softbank, Singapore sovereign wealth fund Temasek Holdings, China Structural Reform Fund and asset managers such as Blackstone, Tiger Global Management and others.</p><p>BofA Securities, Goldman Sachs and Haitong International are acting as joint sponsors on the transaction, while UBS is serving as a financial adviser.</p><p>Assuming the deal is priced at the top end, JD Logistics' market capitalisation would be HK$264.1 billion, valuing it higher than ZTO Express.</p><p>Shanghai-based ZTO, which counts Alibaba Group Holding as one of its shareholders, had a market capitalisation of HK$180.7 billion when it listed in Hong Kong through a secondary listing last September. Alibaba owns the South China Morning Post.</p><p>Investors will be keen to learn more about JD Logistics' plan to churn out a profit. The Beijing-based firm said in its prospectus that it expects a bigger net loss for this year, after racking up losses of 2.8 billion yuan (US$435 million) in 2018, 2.2 billion yuan in 2019 and 4 billion yuan in 2020.</p><p>\"As we currently prioritise growth of our business and expansion of our market share over profitability, there can be significant fluctuations in our profitability profile in the near-to-medium term,\" the company said in its draft prospectus.</p><p>JD Logistics is seeking to differentiate itself from other players, such as ZTO and Yunda Holding, by touting itself as a technology-driven logistic services provider using autonomous mobile robots, sorting robots and self-driving vehicles to enhance delivery speed and accuracy.</p><p>Pitching the stock sale with a tech angle could help JD Logistics paint a more positive outlook. This is because competition is particularly keen in the express delivery sector, with reports of some newer players offering services at below cost to grab business.</p><p>Over the past three years, the average revenue per parcel for express delivery companies declined by 50 per cent to 60 per cent owing to intensive market competition, according to Charlie Chen, an analyst at China Renaissance.</p><p>SF Express, China's top delivery service provider, shocked the market this month after it forecast a first-quarter loss of 1.1 billion yuan, triggering a sell-off of its stock. As of Friday's close, its share price in Shanghai was almost halved from its mid-February peak.</p><p>Five players - ZTO, YTO Express, STO Express, SF Express and Yunda Holding - account for nearly 80 per cent of China's express delivery service market.</p><p>China is the biggest logistics market in the world in terms of spending, with total logistics spending reaching 14.9 trillion yuan in 2020. That is expected to increase to 19.3 trillion yuan by 2025, according to data from research firm China Insights Consultancy cited in JD Logistics' prospectus.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JD Logistics launches Hong Kong IPO to raise up to US$3.4 billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJD Logistics launches Hong Kong IPO to raise up to US$3.4 billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-18 14:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The logistics arm of Chinese e-commerce giant JD.com started marketing its Hong Kong initial public offering (IPO) to retail investors on Monday at a price range of HK$39.36 to HK$43.36 per share, which could see the firm raise as much as HK$26.4 billion (US$3.4 billion) if the deal is priced at the top end.<a href=\"https://www.itiger.com/mi/ipo?feature=Push\" target=\"_blank\"><b>（Click here To apply for the JD Logistics Shares）</b></a><b></b></p><p>JD Logistics' public offering will run from Monday to Friday. Its shares are expected to begin trading on the Hong Kong bourse's main board on May 28.</p><p>JD Logistics plans to sell 609.2 million shares, representing 10 per cent of its enlarged share capital. There is an over-allotment option to sell up to 91.4 million more shares if there is a strong demand.</p><p><img src=\"https://static.tigerbbs.com/cd9320033ea7302952fa2cb6ece8339a\" tg-width=\"958\" tg-height=\"464\"></p><p>Your application must be for a minimum of 100 Hong Kong Offer Shares and in one of the numbers set out in the table. You are required to pay the amount next to the number you select.</p><p><img src=\"https://static.tigerbbs.com/b1f72efeb4b54a02dbfe728ebb1099dd\" tg-width=\"958\" tg-height=\"437\"></p><p>JD Logistics' offering is expected to be the second multibillion-dollar IPO on the Hong Kong bourse this year, after Tencent-backed short video platform Kuaishou Technology raised US$6.2 billion in January. The Kuaishou offering was the biggest IPO globally so far this year.</p><p>Eight cornerstone investors have committed to buy a total of US$1.5 billion worth of JD Logistics shares, which would account for about 39 per cent of its global offering if the deal is priced at the top end.</p><p>The investors include Softbank, Singapore sovereign wealth fund Temasek Holdings, China Structural Reform Fund and asset managers such as Blackstone, Tiger Global Management and others.</p><p>BofA Securities, Goldman Sachs and Haitong International are acting as joint sponsors on the transaction, while UBS is serving as a financial adviser.</p><p>Assuming the deal is priced at the top end, JD Logistics' market capitalisation would be HK$264.1 billion, valuing it higher than ZTO Express.</p><p>Shanghai-based ZTO, which counts Alibaba Group Holding as one of its shareholders, had a market capitalisation of HK$180.7 billion when it listed in Hong Kong through a secondary listing last September. Alibaba owns the South China Morning Post.</p><p>Investors will be keen to learn more about JD Logistics' plan to churn out a profit. The Beijing-based firm said in its prospectus that it expects a bigger net loss for this year, after racking up losses of 2.8 billion yuan (US$435 million) in 2018, 2.2 billion yuan in 2019 and 4 billion yuan in 2020.</p><p>\"As we currently prioritise growth of our business and expansion of our market share over profitability, there can be significant fluctuations in our profitability profile in the near-to-medium term,\" the company said in its draft prospectus.</p><p>JD Logistics is seeking to differentiate itself from other players, such as ZTO and Yunda Holding, by touting itself as a technology-driven logistic services provider using autonomous mobile robots, sorting robots and self-driving vehicles to enhance delivery speed and accuracy.</p><p>Pitching the stock sale with a tech angle could help JD Logistics paint a more positive outlook. This is because competition is particularly keen in the express delivery sector, with reports of some newer players offering services at below cost to grab business.</p><p>Over the past three years, the average revenue per parcel for express delivery companies declined by 50 per cent to 60 per cent owing to intensive market competition, according to Charlie Chen, an analyst at China Renaissance.</p><p>SF Express, China's top delivery service provider, shocked the market this month after it forecast a first-quarter loss of 1.1 billion yuan, triggering a sell-off of its stock. As of Friday's close, its share price in Shanghai was almost halved from its mid-February peak.</p><p>Five players - ZTO, YTO Express, STO Express, SF Express and Yunda Holding - account for nearly 80 per cent of China's express delivery service market.</p><p>China is the biggest logistics market in the world in terms of spending, with total logistics spending reaching 14.9 trillion yuan in 2020. That is expected to increase to 19.3 trillion yuan by 2025, according to data from research firm China Insights Consultancy cited in JD Logistics' prospectus.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"02618":"京东物流"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2136738931","content_text":"The logistics arm of Chinese e-commerce giant JD.com started marketing its Hong Kong initial public offering (IPO) to retail investors on Monday at a price range of HK$39.36 to HK$43.36 per share, which could see the firm raise as much as HK$26.4 billion (US$3.4 billion) if the deal is priced at the top end.（Click here To apply for the JD Logistics Shares）JD Logistics' public offering will run from Monday to Friday. Its shares are expected to begin trading on the Hong Kong bourse's main board on May 28.JD Logistics plans to sell 609.2 million shares, representing 10 per cent of its enlarged share capital. There is an over-allotment option to sell up to 91.4 million more shares if there is a strong demand.Your application must be for a minimum of 100 Hong Kong Offer Shares and in one of the numbers set out in the table. You are required to pay the amount next to the number you select.JD Logistics' offering is expected to be the second multibillion-dollar IPO on the Hong Kong bourse this year, after Tencent-backed short video platform Kuaishou Technology raised US$6.2 billion in January. The Kuaishou offering was the biggest IPO globally so far this year.Eight cornerstone investors have committed to buy a total of US$1.5 billion worth of JD Logistics shares, which would account for about 39 per cent of its global offering if the deal is priced at the top end.The investors include Softbank, Singapore sovereign wealth fund Temasek Holdings, China Structural Reform Fund and asset managers such as Blackstone, Tiger Global Management and others.BofA Securities, Goldman Sachs and Haitong International are acting as joint sponsors on the transaction, while UBS is serving as a financial adviser.Assuming the deal is priced at the top end, JD Logistics' market capitalisation would be HK$264.1 billion, valuing it higher than ZTO Express.Shanghai-based ZTO, which counts Alibaba Group Holding as one of its shareholders, had a market capitalisation of HK$180.7 billion when it listed in Hong Kong through a secondary listing last September. Alibaba owns the South China Morning Post.Investors will be keen to learn more about JD Logistics' plan to churn out a profit. The Beijing-based firm said in its prospectus that it expects a bigger net loss for this year, after racking up losses of 2.8 billion yuan (US$435 million) in 2018, 2.2 billion yuan in 2019 and 4 billion yuan in 2020.\"As we currently prioritise growth of our business and expansion of our market share over profitability, there can be significant fluctuations in our profitability profile in the near-to-medium term,\" the company said in its draft prospectus.JD Logistics is seeking to differentiate itself from other players, such as ZTO and Yunda Holding, by touting itself as a technology-driven logistic services provider using autonomous mobile robots, sorting robots and self-driving vehicles to enhance delivery speed and accuracy.Pitching the stock sale with a tech angle could help JD Logistics paint a more positive outlook. This is because competition is particularly keen in the express delivery sector, with reports of some newer players offering services at below cost to grab business.Over the past three years, the average revenue per parcel for express delivery companies declined by 50 per cent to 60 per cent owing to intensive market competition, according to Charlie Chen, an analyst at China Renaissance.SF Express, China's top delivery service provider, shocked the market this month after it forecast a first-quarter loss of 1.1 billion yuan, triggering a sell-off of its stock. As of Friday's close, its share price in Shanghai was almost halved from its mid-February peak.Five players - ZTO, YTO Express, STO Express, SF Express and Yunda Holding - account for nearly 80 per cent of China's express delivery service market.China is the biggest logistics market in the world in terms of spending, with total logistics spending reaching 14.9 trillion yuan in 2020. That is expected to increase to 19.3 trillion yuan by 2025, according to data from research firm China Insights Consultancy cited in JD Logistics' prospectus.","news_type":1,"symbols_score_info":{"02618":0.9}},"isVote":1,"tweetType":1,"viewCount":717,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3579733246085840","authorId":"3579733246085840","name":"wallflowere","avatar":"https://static.tigerbbs.com/a5072464fdb4037d83d403dc2e80c19c","crmLevel":11,"crmLevelSwitch":0,"idStr":"3579733246085840","authorIdStr":"3579733246085840"},"content":"reply to my comment too pls","text":"reply to my comment too pls","html":"reply to my comment too pls"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193130602,"gmtCreate":1620774043006,"gmtModify":1704348031417,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576831123463310","authorIdStr":"3576831123463310"},"themes":[],"htmlText":"Comment and like please","listText":"Comment and like please","text":"Comment and like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":8,"repostSize":0,"link":"https://ttm.financial/post/193130602","repostId":"1199341916","repostType":4,"repost":{"id":"1199341916","kind":"news","pubTimestamp":1620736561,"share":"https://ttm.financial/m/news/1199341916?lang=en_US&edition=fundamental","pubTime":"2021-05-11 20:36","market":"us","language":"en","title":"If Everyone Sees It, Is It Still A Bubble?","url":"https://stock-news.laohu8.com/highlight/detail?id=1199341916","media":"zerohedge","summary":"As Mark Hulbert noted recently, “everyone” is worrying about a “bubble” in the stock market. To wit:. “To appreciate how widespread current concern about a bubble is, consider the accompanying chart of data from Google Trends. It plots the relative frequency of Google searches based on the term ‘stock market bubble.’ Notice that this frequency has recently jumped to a far-higher level than at any other point over the last five years.”“My confidence is rising quite rapidly that this is, in fact, ","content":"<p><b><i>\"If everyone sees it, is it still a bubble?”</i></b>That was a great question I got over the weekend.&nbsp;As a&nbsp;<i>“contrarian”</i>&nbsp;investor, it is usually when&nbsp;<i>“everyone”</i>&nbsp;is talking about an event; it doesn’t happen.</p>\n<p>As&nbsp;<b><i>Mark Hulbert noted recently</i></b>,&nbsp;<i>“everyone”</i>&nbsp;is worrying about a<i>&nbsp;“bubble”</i>&nbsp;in the stock market. To wit:</p>\n<p><i>“To appreciate how widespread current concern about a bubble is, consider the accompanying chart of data from Google Trends. It plots the relative frequency of Google searches based on the term ‘stock market bubble.’ Notice that this frequency has recently jumped to a far-higher level than at any other point over the last five years.”</i></p>\n<p><img src=\"https://static.tigerbbs.com/7a2a152e3037789e73c80d5c89bf4141\" tg-width=\"500\" tg-height=\"337\" referrerpolicy=\"no-referrer\"><b>What Is A Bubble?</b></p>\n<blockquote>\n <b><i>“My confidence is rising quite rapidly that this is, in fact, becoming the fourth ‘real McCoy’ bubble of my investment career.</i></b>\n <i>The great bubbles can go on a long time and inflict a lot of pain, but at least I think we know now that we’re in one.”</i>\n <b><i>&nbsp;–</i></b>\n <i>Jeremy Grantham</i>\n</blockquote>\n<p>What is the definition of a bubble?&nbsp; According to&nbsp;<i>Investopedia:</i></p>\n<blockquote>\n <i>“A bubble is a market cycle that is characterized by the rapid escalation of market value, particularly in the price of assets.</i>\n <i><b>Typically, what creates a bubble is a surge in asset prices driven by exuberant market behavior.</b></i>\n <i>&nbsp;During a bubble, assets typically trade at a price</i>\n <i><b>that greatly exceeds the asset’s intrinsic value. Rather, the price does not align with thefundamentals of the asset.</b></i>\n <i>“</i>\n</blockquote>\n<p>This definition is suitable for our discussion; there are three components of a&nbsp;<i>“bubble.”</i><i><b>The&nbsp;first two, price and valuation,</b></i>&nbsp;are readily dismissed during the inflation phase.&nbsp;Jeremy Grantham once produced the following chart of 40-years of price bubbles in the markets. During the inflation phase, each was readily dismissed under the guise&nbsp;<i>“this time is different.”</i></p>\n<p><img src=\"https://static.tigerbbs.com/367ada4ec5d5a7c35f8e670e0224fc6b\" tg-width=\"500\" tg-height=\"342\"></p>\n<p><b>We are interested in the</b><b><i>“third”</i></b><b>&nbsp;component of</b><b><i>“bubbles,”</i></b><b>&nbsp;which is investor psychology.</b></p>\n<p><b>A Bubble In Psychology</b></p>\n<p>As&nbsp;<i><b>Howard Marks previously noted:</b></i></p>\n<blockquote>\n <i>“It’s the swings of psychology that get people into the biggest trouble. Especially since investors’ emotions invariably swing in the wrong direction at the wrong time.</i>\n <i><b>When things are going well people become greedy and enthusiastic. When times are troubled, people become fearful and reticent. That’s just the wrong thing to do. It’s important to control fear and greed.”</b></i>\n</blockquote>\n<p>Currently, it’s difficult for investors to become any more enthusiastic about market returns.&nbsp;<i>(</i><i><b>The RIAPro Fear/Greed Index</b></i><i>&nbsp;compiles measures of equity allocation and market sentiment. The index level is</i><i><b>not a component</b></i><i>&nbsp;of the measure that runs from 0 to 100.</i><i><b>The current reading is 99.9, which is a historical record.)</b></i></p>\n<p><img src=\"https://static.tigerbbs.com/137bb4e88e92ca8b22df63ffc61e387c\" tg-width=\"500\" tg-height=\"334\"></p>\n<p>Such is an interesting juxtaposition. On the one hand, there is a rising recognition of a&nbsp;<i>“bubble,”</i>&nbsp;but investors are unwilling to reduce “equity risk” for&nbsp;<i>“fear of missing out or F.O.M.O.”</i>Such was a point noted explicitly by Mark:</p>\n<blockquote>\n <i><b>“Rather than responding by taking some chips off the table, however, many began freely admitting a bubble formed.</b></i>\n <i>&nbsp;They no longer tried to justify higher prices on fundamentals. Rather,</i>\n <i><b>they justified it instead in terms of the market’s momentum.</b></i>\n <i>&nbsp;Prices should keep going up as FOMO seduces more investors to jump on the bandwagon.”</i>\n</blockquote>\n<p>In other words, investors have fully adopted the&nbsp;<i>“Greater Fool Theory.”</i></p>\n<p>Okay, Boomer!</p>\n<p>I know. The discussion of&nbsp;<i>“valuations”</i>&nbsp;is an old-fashioned idea relegated to investors of an older era. Such was evident in the pushback on Charlie Munger’s comments about Bitcoin recently:</p>\n<blockquote>\n <i>“</i>\n <i><b>While Munger has never been a bitcoin advocate, his dislike crystalized into something close to hatred.</b></i>\n <i>Looking back over the past 52 weeks, the reason for Munger’s anger becomes apparent with Berkshire rising only 50.5% against bitcoin’s more than 500% gain.”&nbsp;– Coindesk</i>\n</blockquote>\n<p>In 1999, when Buffett spoke out against&nbsp;<i>“Dot.com”</i>&nbsp;stocks, he got dismissed with a similar ire of&nbsp;<b><i>“investing with Warren Buffett is like driving ‘Dad’s old Pontiac.'”</i></b></p>\n<p>Today, young investors are not interested in the&nbsp;<i>“pearls of wisdom”</i>&nbsp;from experienced investors. Today, they are&nbsp;<i>“out of touch,”</i>&nbsp;with the market’s<i>&nbsp;“new reality.”</i></p>\n<blockquote>\n <i><b>“The big benefit of TikTok is it allows users to dole out and obtain information in short, easily digestible video bites, also called TikToks.</b></i>\n <i>&nbsp;And that can make unfamiliar, complex topics, such as personal finance and investing, more palatable to a younger audience.That advice runs the gamut, from general information about home buying or retirement savings to specific stock picks and investment ideas.</i>\n <i><b>Rob Shields, a 22-year-old, self-taught options trader who has more than 163,000 followers on TikTok, posts TikToks under the username stock_genius on topics such as popular stocks to watch, how to find good stocks, and basic trading strategies.” –&nbsp;WSJ:</b></i>\n</blockquote>\n<p><b>Of course, the problem with information doled out by 22-year olds is they were 10-year olds during the last</b><i><b>“bear market.”</b></i>Given the lack of experience of investing during such a market, as opposed to Warren Buffett who has survived several, is the eventual destruction of capital.</p>\n<p><b>Plenty Of Analogies</b></p>\n<blockquote>\n <i><b>“There is no shortage of current analogies, of course. Take Dogecoin, created as a joke with no fundamental value.</b></i>\n <i>&nbsp;As a&nbsp;recent Wall Street Journal article outlined, the Dogecoin ‘serves no purpose and, unlike Bitcoin, faces no limit on the number of coins that exist.’</i>\n <i><b>Yet investors flock to it, for no other apparent reason than its sharp rise.</b></i>\n <i>&nbsp;Billy Markus, the co-creator of dogecoin, said to the Wall Street Journal, ‘This is absurd. I haven’t seen anything like it. It’s one of those things that once it starts going up, it might keep going up.’” – Mark Hulbert</i>\n</blockquote>\n<p>That exuberance shows up with professionals as well.<b>&nbsp;As of the end of April, the National Association Of Investment Managers asset allocation was 103%.</b></p>\n<p><img src=\"https://static.tigerbbs.com/c412f208aa700b3f7ccb35d3b7d4e923\" tg-width=\"500\" tg-height=\"328\"></p>\n<p>As Dana Lyons noted previously:</p>\n<blockquote>\n “\n <i>Regardless of the investment acumen of any group (we think it is very high among NAAIM members),</i>\n <i><b>once the collective investment opinion or posture becomes too one-sided, it can be an indication that some market action may be necessary to correct such consensus.</b></i>\n <i>“</i>\n</blockquote>\n<p><b>Give Me More</b></p>\n<p>Of course, margin debt, which is the epitome of “<i>speculative appetite,”</i>&nbsp;soared in recent months.</p>\n<p><img src=\"https://static.tigerbbs.com/e11b088ecdf04d5036b4f5bb2d67c13d\" tg-width=\"500\" tg-height=\"327\"></p>\n<p>As stated,&nbsp;<i>“bubbles are about psychology,”</i>&nbsp;which the annual rate of change of leverage shows.</p>\n<p><img src=\"https://static.tigerbbs.com/422c963018723e8986826a89a32883e5\" tg-width=\"500\" tg-height=\"327\"></p>\n<p>Another form of leverage that doesn’t show up in margin debt is ETF’s structured to multiply market returns. These funds have seen record inflows in recent months.</p>\n<p><img src=\"https://static.tigerbbs.com/4ac35f10215d5fcffec35e4e94c952bb\" tg-width=\"500\" tg-height=\"335\"></p>\n<p><b>With margin debt reaching levels not seen since the peak of the last cyclical bull market cycle, it should raise some concerns about sustainability.</b>&nbsp;It is NOT the level of leverage that is the problem as leverage increases buying power as markets are rising.&nbsp;<b>The unwinding of this leverage is critically dangerous in the market as the acceleration of</b><b><i>“margin calls”</i></b><b>&nbsp;leads to a vicious downward spiral.</b></p>\n<p>Importantly, this chart<b>&nbsp;does not meanthat a massive market correction is imminent. I</b>t does suggest that leverage, and speculative risk-taking, are likely much further advanced than currently recognized.</p>\n<p><b>Pushing Extremes</b></p>\n<p>Prices are ultimately affected by physics. Moving averages, trend lines, etc., all exert a gravitational pull on prices in both the short and long term.&nbsp;<b>Like a rubber band, when prices get stretched too far in one direction, they have always eventually</b><b><i>“reverted to the mean”</i></b><b>&nbsp;in the most brutal of manners.</b></p>\n<p>The chart below shows the long-term chart of the S&amp;P 500 broken down by several measures: 2 and 3-standard deviations, valuations, relative strength, and deviations from the 3-year moving average.&nbsp;<b>It is worth noting that both standard deviations and distance from the 3-year moving average are at a record.</b></p>\n<p><b>During the last 120-years, overvaluation and extreme deviations NEVER got resolved by markets going sideways.</b></p>\n<p><img src=\"https://static.tigerbbs.com/4fc311c3fdd527fd911070f7dd841545\" tg-width=\"500\" tg-height=\"590\"></p>\n<p>The only missing ingredient for such a correction currently is simply a catalyst to put&nbsp;<i>“fear”</i>&nbsp;into an overly complacent marketplace. Anything from economic disruption, a credit-related crisis, or an unexpected exogenous shock could start the&nbsp;<i>“panic for the exits.”</i></p>\n<p><b>Conclusion</b></p>\n<p>There is more than adequate evidence a<i>&nbsp;“bubble”</i>&nbsp;exists in markets once again. However, as Mark noted in his commentary:</p>\n<blockquote>\n <i>‘I have no idea whether the stock market is actually forming a bubble that’s about to break.</i>\n <i><b>But I do know that many bulls are fooling themselves when they think a bubble can’t happen when there is such widespread concern. In fact, one of the distinguishing characteristics of a bubble is just that.”</b></i>\n</blockquote>\n<p>However, he concludes with the most important statement:</p>\n<blockquote>\n <i>“It’s important for all of us to be aware of this bubble psychology,</i>\n <i><b>but especially if you’re a retiree or a near-retiree. That’s because, in that case, your investment horizon is far shorter than for those who are younger.</b></i>\n <i>Therefore, you are less able to recover from the deflation of a market bubble.”</i>\n</blockquote>\n<p><b>Read that statement again.</b></p>\n<p>Millennials are quick to dismiss the&nbsp;<i>“Boomers”</i>&nbsp;in the financial markets today for&nbsp;<i>“not getting it.”</i></p>\n<p>No, we get it. We have just been around long enough to know how these things eventually end.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>If Everyone Sees It, Is It Still A Bubble?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIf Everyone Sees It, Is It Still A Bubble?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-11 20:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/if-everyone-sees-it-it-still-bubble><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>\"If everyone sees it, is it still a bubble?”That was a great question I got over the weekend. As a “contrarian” investor, it is usually when “everyone” is talking about an event; it doesn’t happen.\nAs...</p>\n\n<a href=\"https://www.zerohedge.com/markets/if-everyone-sees-it-it-still-bubble\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/markets/if-everyone-sees-it-it-still-bubble","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199341916","content_text":"\"If everyone sees it, is it still a bubble?”That was a great question I got over the weekend. As a “contrarian” investor, it is usually when “everyone” is talking about an event; it doesn’t happen.\nAs Mark Hulbert noted recently, “everyone” is worrying about a “bubble” in the stock market. To wit:\n“To appreciate how widespread current concern about a bubble is, consider the accompanying chart of data from Google Trends. It plots the relative frequency of Google searches based on the term ‘stock market bubble.’ Notice that this frequency has recently jumped to a far-higher level than at any other point over the last five years.”\nWhat Is A Bubble?\n\n“My confidence is rising quite rapidly that this is, in fact, becoming the fourth ‘real McCoy’ bubble of my investment career.\nThe great bubbles can go on a long time and inflict a lot of pain, but at least I think we know now that we’re in one.”\n –\nJeremy Grantham\n\nWhat is the definition of a bubble?  According to Investopedia:\n\n“A bubble is a market cycle that is characterized by the rapid escalation of market value, particularly in the price of assets.\nTypically, what creates a bubble is a surge in asset prices driven by exuberant market behavior.\n During a bubble, assets typically trade at a price\nthat greatly exceeds the asset’s intrinsic value. Rather, the price does not align with thefundamentals of the asset.\n“\n\nThis definition is suitable for our discussion; there are three components of a “bubble.”The first two, price and valuation, are readily dismissed during the inflation phase. Jeremy Grantham once produced the following chart of 40-years of price bubbles in the markets. During the inflation phase, each was readily dismissed under the guise “this time is different.”\n\nWe are interested in the“third” component of“bubbles,” which is investor psychology.\nA Bubble In Psychology\nAs Howard Marks previously noted:\n\n“It’s the swings of psychology that get people into the biggest trouble. Especially since investors’ emotions invariably swing in the wrong direction at the wrong time.\nWhen things are going well people become greedy and enthusiastic. When times are troubled, people become fearful and reticent. That’s just the wrong thing to do. It’s important to control fear and greed.”\n\nCurrently, it’s difficult for investors to become any more enthusiastic about market returns. (The RIAPro Fear/Greed Index compiles measures of equity allocation and market sentiment. The index level isnot a component of the measure that runs from 0 to 100.The current reading is 99.9, which is a historical record.)\n\nSuch is an interesting juxtaposition. On the one hand, there is a rising recognition of a “bubble,” but investors are unwilling to reduce “equity risk” for “fear of missing out or F.O.M.O.”Such was a point noted explicitly by Mark:\n\n“Rather than responding by taking some chips off the table, however, many began freely admitting a bubble formed.\n They no longer tried to justify higher prices on fundamentals. Rather,\nthey justified it instead in terms of the market’s momentum.\n Prices should keep going up as FOMO seduces more investors to jump on the bandwagon.”\n\nIn other words, investors have fully adopted the “Greater Fool Theory.”\nOkay, Boomer!\nI know. The discussion of “valuations” is an old-fashioned idea relegated to investors of an older era. Such was evident in the pushback on Charlie Munger’s comments about Bitcoin recently:\n\n“\nWhile Munger has never been a bitcoin advocate, his dislike crystalized into something close to hatred.\nLooking back over the past 52 weeks, the reason for Munger’s anger becomes apparent with Berkshire rising only 50.5% against bitcoin’s more than 500% gain.” – Coindesk\n\nIn 1999, when Buffett spoke out against “Dot.com” stocks, he got dismissed with a similar ire of “investing with Warren Buffett is like driving ‘Dad’s old Pontiac.'”\nToday, young investors are not interested in the “pearls of wisdom” from experienced investors. Today, they are “out of touch,” with the market’s “new reality.”\n\n“The big benefit of TikTok is it allows users to dole out and obtain information in short, easily digestible video bites, also called TikToks.\n And that can make unfamiliar, complex topics, such as personal finance and investing, more palatable to a younger audience.That advice runs the gamut, from general information about home buying or retirement savings to specific stock picks and investment ideas.\nRob Shields, a 22-year-old, self-taught options trader who has more than 163,000 followers on TikTok, posts TikToks under the username stock_genius on topics such as popular stocks to watch, how to find good stocks, and basic trading strategies.” – WSJ:\n\nOf course, the problem with information doled out by 22-year olds is they were 10-year olds during the last“bear market.”Given the lack of experience of investing during such a market, as opposed to Warren Buffett who has survived several, is the eventual destruction of capital.\nPlenty Of Analogies\n\n“There is no shortage of current analogies, of course. Take Dogecoin, created as a joke with no fundamental value.\n As a recent Wall Street Journal article outlined, the Dogecoin ‘serves no purpose and, unlike Bitcoin, faces no limit on the number of coins that exist.’\nYet investors flock to it, for no other apparent reason than its sharp rise.\n Billy Markus, the co-creator of dogecoin, said to the Wall Street Journal, ‘This is absurd. I haven’t seen anything like it. It’s one of those things that once it starts going up, it might keep going up.’” – Mark Hulbert\n\nThat exuberance shows up with professionals as well. As of the end of April, the National Association Of Investment Managers asset allocation was 103%.\n\nAs Dana Lyons noted previously:\n\n “\n Regardless of the investment acumen of any group (we think it is very high among NAAIM members),\nonce the collective investment opinion or posture becomes too one-sided, it can be an indication that some market action may be necessary to correct such consensus.\n“\n\nGive Me More\nOf course, margin debt, which is the epitome of “speculative appetite,” soared in recent months.\n\nAs stated, “bubbles are about psychology,” which the annual rate of change of leverage shows.\n\nAnother form of leverage that doesn’t show up in margin debt is ETF’s structured to multiply market returns. These funds have seen record inflows in recent months.\n\nWith margin debt reaching levels not seen since the peak of the last cyclical bull market cycle, it should raise some concerns about sustainability. It is NOT the level of leverage that is the problem as leverage increases buying power as markets are rising. The unwinding of this leverage is critically dangerous in the market as the acceleration of“margin calls” leads to a vicious downward spiral.\nImportantly, this chart does not meanthat a massive market correction is imminent. It does suggest that leverage, and speculative risk-taking, are likely much further advanced than currently recognized.\nPushing Extremes\nPrices are ultimately affected by physics. Moving averages, trend lines, etc., all exert a gravitational pull on prices in both the short and long term. Like a rubber band, when prices get stretched too far in one direction, they have always eventually“reverted to the mean” in the most brutal of manners.\nThe chart below shows the long-term chart of the S&P 500 broken down by several measures: 2 and 3-standard deviations, valuations, relative strength, and deviations from the 3-year moving average. It is worth noting that both standard deviations and distance from the 3-year moving average are at a record.\nDuring the last 120-years, overvaluation and extreme deviations NEVER got resolved by markets going sideways.\n\nThe only missing ingredient for such a correction currently is simply a catalyst to put “fear” into an overly complacent marketplace. Anything from economic disruption, a credit-related crisis, or an unexpected exogenous shock could start the “panic for the exits.”\nConclusion\nThere is more than adequate evidence a “bubble” exists in markets once again. However, as Mark noted in his commentary:\n\n‘I have no idea whether the stock market is actually forming a bubble that’s about to break.\nBut I do know that many bulls are fooling themselves when they think a bubble can’t happen when there is such widespread concern. In fact, one of the distinguishing characteristics of a bubble is just that.”\n\nHowever, he concludes with the most important statement:\n\n“It’s important for all of us to be aware of this bubble psychology,\nbut especially if you’re a retiree or a near-retiree. That’s because, in that case, your investment horizon is far shorter than for those who are younger.\nTherefore, you are less able to recover from the deflation of a market bubble.”\n\nRead that statement again.\nMillennials are quick to dismiss the “Boomers” in the financial markets today for “not getting it.”\nNo, we get it. We have just been around long enough to know how these things eventually end.","news_type":1,"symbols_score_info":{".DJI":0.9,"SPY":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":840,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3571302014333483","authorId":"3571302014333483","name":"WangWang99","avatar":"https://static.tigerbbs.com/fd291ad34521fc1ebab496105c2f882d","crmLevel":12,"crmLevelSwitch":0,"idStr":"3571302014333483","authorIdStr":"3571302014333483"},"content":"Pls response tq","text":"Pls response tq","html":"Pls response tq"},{"author":{"id":"3570925416001387","authorId":"3570925416001387","name":"MySunshine","avatar":"https://static.tigerbbs.com/256da1143b2fdf143004ba51ce72c154","crmLevel":1,"crmLevelSwitch":1,"idStr":"3570925416001387","authorIdStr":"3570925416001387"},"content":"help response comment","text":"help response comment","html":"help response comment"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":112754421,"gmtCreate":1622936581763,"gmtModify":1704193324743,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576831123463310","authorIdStr":"3576831123463310"},"themes":[],"htmlText":"Comment and like please","listText":"Comment and like please","text":"Comment and like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":8,"repostSize":0,"link":"https://ttm.financial/post/112754421","repostId":"1158897173","repostType":4,"repost":{"id":"1158897173","kind":"news","pubTimestamp":1622813283,"share":"https://ttm.financial/m/news/1158897173?lang=en_US&edition=fundamental","pubTime":"2021-06-04 21:28","market":"us","language":"en","title":"Should You Buy Apple Stock Before WWDC?","url":"https://stock-news.laohu8.com/highlight/detail?id=1158897173","media":"TheStreet","summary":"On June 7, Apple will host its annual WWDC event – as a virtual conference, just like 2020. The Apple Maven looked back at recent history to see how AAPL stock behaved around these events.Apple’s WWDC is just around the corner. The Cupertino company will virtually host the 32nd Worldwide Developers Conference, starting June 7. Rumor has it that Apple will announce five new software updates, including iOS 15 and macOS 12. Also, new hardware could be unveiled, but these announcements tend to be ra","content":"<p>On June 7, Apple will host its annual WWDC event – as a virtual conference, just like 2020. The Apple Maven looked back at recent history to see how AAPL stock behaved around these events.</p>\n<p>Apple’s WWDC is just around the corner. The Cupertino company will virtually host the 32nd Worldwide Developers Conference, starting June 7. Rumor has it that Apple will announce five new software updates, including iOS 15 and macOS 12. Also, new hardware could be unveiled, but these announcements tend to be rare during the developers’ conference.</p>\n<p>Today, the Apple Maven looks back at the most recent WWDC events to check how the stock behaved prior to and immediately after the conference.</p>\n<p>Before we dive in…</p>\n<p>Keep in mind that the Apple Maven will cover the event via&nbsp;<b>live blog</b>, starting at 9:45 a.m. Cupertino time (PDT), on June 7. Tune in to follow our analysis of Apple's WWDC presentation!</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e4af607bdf7b93f038263f4c2d0575f3\" tg-width=\"1240\" tg-height=\"697\"><span>Figure 1: Apple's 2021 WWDC.</span></p>\n<p><b>WWDC 2017: Apple stock hiccups</b></p>\n<p>The 2017 edition of WWDC took place between June 5 and June 9, 2017. At that time, three software updates were announced: the iOS 11, macOS High Sierra and tvOS. Also, hardware updates were unveiled, including the Mac, iPad and HomePod.</p>\n<p>Looking at the performance of Apple shares a week before until the end of the event, AAPL investors did not show much enthusiasm. The stock moved 3% lower, trading at that time at $37.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/186aecd588efc459ba0be3e423485612\" tg-width=\"818\" tg-height=\"281\"><span>Figure 2: AAPL 2017 chart.</span></p>\n<p><b>WWDC 2018: modest climb</b></p>\n<p>In 2018, WWDC was held from June 4 to June 8. iOS 12 was announced, and so were software updates for Mac and Watch. This time, there were no hardware announcements.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/01f8d4a6d1b8bb55730d84f348b32520\" tg-width=\"818\" tg-height=\"285\"><span>Figure 3: AAPL 2018 chart.</span></p>\n<p>From one week prior until the end of the event, WWDC 2018 may have brought optimism to investors, as shares climbed by 2%, trading at that time at nearly $48.</p>\n<p><b>WWDC 2019: the start of the ramp</b></p>\n<p>The 2019 conference was held from June 3 to June 7. iOS 13 and other software updates were announced for the Mac, Watch, TV and iPad. Apple also launched hardware updates on Mac.</p>\n<p>Apple stock behaved well, rising nearly 7% from a week before to the end of the event. In 2019, WWDC coincided with the beginning of a massive climb in AAPL share price that lasted until the end of the year.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f8e261dd232ee1779ea1d89a8ebd4dd7\" tg-width=\"818\" tg-height=\"280\"><span>Figure 4: AAPL 2019 chart.</span></p>\n<p><b>WWDC 2020: riding the recovery</b></p>\n<p>For the first time, the 2020 version of WWDC was held online because of the COVID-19 pandemic. The conference happened from June 22 to June 26. At that time, iOS 14 was announced, alongside iPad, Watch, TV and Mac software updates.The highlight of the event&nbsp;was the announced transition to custom ARM processors for Mac.</p>\n<p>The stock was rebounding from the COVID-19 stock market crash at that time. Looking back at the period between a week prior to and the end of the event, shares were up 3%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6fa56b7f188ab147a30b9f13621f0024\" tg-width=\"814\" tg-height=\"281\"><span>Figure 5: AAPL 2020 chart.</span></p>\n<p><b>What history suggests</b></p>\n<p>It is hard to predict how Apple stock will behave in the near future. However, looking back at history, we can draw a few conclusions about AAPL share price behavior around WWDC in the last 5 years.</p>\n<p>Except for the 2017 conference, Apple caught an updraft around the WWDC weeks. Whether the performance is related to the event itself is a matter of interpretation.</p>\n<p><b>What to expect of WWDC 2021</b></p>\n<p>For this year’s WWDC, Apple will likely release the usual software updates. For investors, possible updates on the products and services front would be most meaningful.</p>\n<p>A possible successor for the M1 chip, a 27-inc Mac, a new MacBook Pro, updates on AR and VR technology and even hints about the Apple Car would certainly be highlights. Any of these potential developments, even if unlikely to happen, could give an extra impulse for Apple shares in the short- and mid-terms.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Should You Buy Apple Stock Before WWDC?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShould You Buy Apple Stock Before WWDC?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-04 21:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/should-you-buy-apple-stock-before-wwdc><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>On June 7, Apple will host its annual WWDC event – as a virtual conference, just like 2020. The Apple Maven looked back at recent history to see how AAPL stock behaved around these events.\nApple’s ...</p>\n\n<a href=\"https://www.thestreet.com/apple/stock/should-you-buy-apple-stock-before-wwdc\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/should-you-buy-apple-stock-before-wwdc","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158897173","content_text":"On June 7, Apple will host its annual WWDC event – as a virtual conference, just like 2020. The Apple Maven looked back at recent history to see how AAPL stock behaved around these events.\nApple’s WWDC is just around the corner. The Cupertino company will virtually host the 32nd Worldwide Developers Conference, starting June 7. Rumor has it that Apple will announce five new software updates, including iOS 15 and macOS 12. Also, new hardware could be unveiled, but these announcements tend to be rare during the developers’ conference.\nToday, the Apple Maven looks back at the most recent WWDC events to check how the stock behaved prior to and immediately after the conference.\nBefore we dive in…\nKeep in mind that the Apple Maven will cover the event via live blog, starting at 9:45 a.m. Cupertino time (PDT), on June 7. Tune in to follow our analysis of Apple's WWDC presentation!\nFigure 1: Apple's 2021 WWDC.\nWWDC 2017: Apple stock hiccups\nThe 2017 edition of WWDC took place between June 5 and June 9, 2017. At that time, three software updates were announced: the iOS 11, macOS High Sierra and tvOS. Also, hardware updates were unveiled, including the Mac, iPad and HomePod.\nLooking at the performance of Apple shares a week before until the end of the event, AAPL investors did not show much enthusiasm. The stock moved 3% lower, trading at that time at $37.\nFigure 2: AAPL 2017 chart.\nWWDC 2018: modest climb\nIn 2018, WWDC was held from June 4 to June 8. iOS 12 was announced, and so were software updates for Mac and Watch. This time, there were no hardware announcements.\nFigure 3: AAPL 2018 chart.\nFrom one week prior until the end of the event, WWDC 2018 may have brought optimism to investors, as shares climbed by 2%, trading at that time at nearly $48.\nWWDC 2019: the start of the ramp\nThe 2019 conference was held from June 3 to June 7. iOS 13 and other software updates were announced for the Mac, Watch, TV and iPad. Apple also launched hardware updates on Mac.\nApple stock behaved well, rising nearly 7% from a week before to the end of the event. In 2019, WWDC coincided with the beginning of a massive climb in AAPL share price that lasted until the end of the year.\nFigure 4: AAPL 2019 chart.\nWWDC 2020: riding the recovery\nFor the first time, the 2020 version of WWDC was held online because of the COVID-19 pandemic. The conference happened from June 22 to June 26. At that time, iOS 14 was announced, alongside iPad, Watch, TV and Mac software updates.The highlight of the event was the announced transition to custom ARM processors for Mac.\nThe stock was rebounding from the COVID-19 stock market crash at that time. Looking back at the period between a week prior to and the end of the event, shares were up 3%.\nFigure 5: AAPL 2020 chart.\nWhat history suggests\nIt is hard to predict how Apple stock will behave in the near future. However, looking back at history, we can draw a few conclusions about AAPL share price behavior around WWDC in the last 5 years.\nExcept for the 2017 conference, Apple caught an updraft around the WWDC weeks. Whether the performance is related to the event itself is a matter of interpretation.\nWhat to expect of WWDC 2021\nFor this year’s WWDC, Apple will likely release the usual software updates. For investors, possible updates on the products and services front would be most meaningful.\nA possible successor for the M1 chip, a 27-inc Mac, a new MacBook Pro, updates on AR and VR technology and even hints about the Apple Car would certainly be highlights. Any of these potential developments, even if unlikely to happen, could give an extra impulse for Apple shares in the short- and mid-terms.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":791,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581949889928488","authorId":"3581949889928488","name":"NewPower","avatar":"https://static.tigerbbs.com/6dd5250c3ee8b6d26b5be75d2771a0b3","crmLevel":11,"crmLevelSwitch":0,"idStr":"3581949889928488","authorIdStr":"3581949889928488"},"content":"Done. Please reply back to my comment. Thanks.","text":"Done. Please reply back to my comment. Thanks.","html":"Done. Please reply back to my comment. Thanks."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9097126374,"gmtCreate":1645398674233,"gmtModify":1676534023161,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576831123463310","authorIdStr":"3576831123463310"},"themes":[],"htmlText":"Like please&nbsp;","listText":"Like please&nbsp;","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9097126374","repostId":"2213670409","repostType":4,"repost":{"id":"2213670409","kind":"news","pubTimestamp":1645399123,"share":"https://ttm.financial/m/news/2213670409?lang=en_US&edition=fundamental","pubTime":"2022-02-21 07:18","market":"us","language":"en","title":"PCE Inflation, Consumer Confidence: What to Know This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2213670409","media":"Yahoo Finance","summary":"After stocks endured a second straight week of selling last week, investors will be looking to a sla","content":"<html><head></head><body><p>After stocks endured a second straight week of selling last week, investors will be looking to a slate of fresh economic and earnings data as a catalyst for a potential reprieve.</p><p>The U.S. stock and bond markets will be closed Monday in observance of the Presidents Day holiday, so new data releases will be consolidated to the later part of the week. And updates on tensions in Russia and Ukraine will also remain in focus throughout the week after stocks sank to their lowest levels in a month on Friday, amid concerns about the escalating geopolitical conflict.</p><p>While the emerging threat of military conflict has overshadowed many other worries in the markets, inflation has still remained a central issue for investors. Inflation has implications both in informing the speed at which the Federal Reserve tightens monetary policy, and the extent to which consumers pull back on spending and slow overall economic activity in response to rising prices.</p><p>&#34;I really think most of the Russia-Ukraine volatility occurred in the energy space, particularly with oil. I think the rest of the volatility in the broader market has to do with the Fed tightening conversation,&#34; Frances Stacy, Optimal Capital director of strategy, told Yahoo Finance Live on Friday. &#34;We&#39;re looking at this sort of aggressive tightening against this backdrop of inflation, and I think that that&#39;s what&#39;s causing the volatility.&#34;</p><p>On Friday, the Bureau of Economic Analysis will release its monthly personal consumption expenditures (PCE) deflator, offering a fresh print on the extent of price increases across the recovering economy.</p><p>Consensus economists expect the PCE to post a rise of another 0.6% in January, according to Bloomberg data, accelerating from December&#39;s 0.4% increase. This would represent a 14th consecutive monthly increase, and bring the index up by 6.0% on a year-over-year basis. This, in turn, would mark the fastest increase since 1982, and also accelerate from December&#39;s 5.8% annual rise.</p><p><img src=\"https://static.tigerbbs.com/83b39365db67b4cbe5d9181911de7b8a\" tg-width=\"4421\" tg-height=\"2947\" referrerpolicy=\"no-referrer\"/></p><p>The core PCE index — the Fed&#39;s preferred gauge of underlying inflation stripping out volatile food and energy prices — likely also ramped compared to December&#39;s index. Consensus economists are looking for a 5.2% increase in core PCE in January, compared to December&#39;s 4.9% rise.</p><p>Expectations for the latest inflation print suggest the economy has still not yet seen the peak in price increases. And increasingly, central bank officials have come around to the notion that inflation has remained stickier than previously expected, especially as supply chain issues and virus-related disruptions persist.</p><p>&#34;Since the December meeting, I would say that the inflation situation is about the same but probably slightly worse,&#34; Federal Reserve Chair Jerome Powell said in a January press conference. &#34;I’d be inclined to raise my own estimate of 2022 core PCE inflation ... by a few tenths today.&#34;</p><p>And the latest print on PCE will likely reaffirm readings from other closely watched inflation prints. The January Consumer Price Index (CPI) jumped by 7.5% year-over-year to represent the largest increase since 1982, accelerating markedly from the 7.0% increase from December. And on the producer side, wholesale prices jumped 9.7% year-on-year in January, ticking down only slightly from December&#39;s record increase of 9.8%.</p><h2>Consumer confidence</h2><h2></h2><p>Despite the mounting inflationary pressures, however, consumers have largely continued to spend. Retail sales rose by a better-than-expected 3.8% in January, marking the biggest jump since March 2021 and exceeding estimates.</p><p>And this steady consumption has come even as consumers increasingly cited inflation as a key concern for their own personal finances. Average hourly wages have also climbed in recent months, but have still not kept pace with inflation.</p><p>&#34;The resilience of spending stands in stark contrast to the slump in consumer confidence, with households upping their purchases of big ticket items while simultaneously reporting that now is a particularly bad time to make those purchases,&#34; Paul Ashworth, chief North American economist for Capital Economics, wrote in a note. &#34;The surge in inflation is the root cause of consumer angst. Sentiment should improve as inflation falls back later this year, but the current weakness is a reminder that real consumption growth will be muted this year.&#34;</p><p>The Conference Board&#39;s Consumer Confidence Index due for release on Tuesday will help provide a timely snapshot of consumers&#39; thinking following the latest spike in prices at the beginning of the year. Consensus economists are looking for the index to fall to 110.0 for February, which would mark the lowest level since September 2021, when the Delta variant had weighed on consumers&#39; outlooks. The consumer confidence index had been at 113.8 in January.</p><h2>Earnings season rolls on</h2><h2><img src=\"https://static.tigerbbs.com/2704a78dbeac36d3a78a7c3a7e70f026\" tg-width=\"1878\" tg-height=\"2016\" width=\"100%\" height=\"auto\"/></h2><p>Investors will also receive a number of new earnings results this week, with major retailers including Home Depot (HD), Lowe&#39;s (LOW), Macy&#39;s (M) and The TJX Cos. (TJX) reporting alongside other closely watched names from Coinbase (COIN) to <a href=\"https://laohu8.com/S/W\">Wayfair</a> (W) and Nikola (NKLA).</p><p>So far this earnings season, corporate profits have remained robust, albeit while slowing compared to prior quarters. As of Friday, 84% of S&amp;P 500 companies had reported actual fourth-quarter earnings results, according to FactSet. And the estimated earnings growth rate for S&amp;P 500 companies in aggregate stood at 30.9%, compared to about 40% from the third quarter.</p><p>Still, the estimated earnings growth rate for the fourth quarter has trended continuously higher as more companies reported better-than-expected results. On December 31, the estimated earnings growth rate for the fourth quarter had been at just 21.2%.</p><p>But while results for many companies have been positive for the final three months of 2021, outlooks have weakened, reflecting lingering supply chain uncertainty, rising prices and other macro concerns. FactSet noted that of companies that held their earnings conference calls between Dec. 15 and Feb. 17, 72% of the corporations mentioned &#34;inflation.&#34;</p><p>&#34;In terms of earnings guidance from corporations, 71% of the S&amp;P 500 companies (55 out of 77) that have issued EPS [earnings per share] guidance for Q1 2022 have issued negative guidance,&#34; FactSet&#39;s John Butters wrote in a note Friday. &#34;This is the highest percentage of S&amp;P 500 companies issuing negative guidance since Q3 2019 (73%).&#34;</p><p>&#34;Thus, the market may be reacting more to the negative earnings guidance and downward estimates revisions for the first quarter of 2022 than the earnings surprises being reported for the fourth-quarter of 2021,&#34; Butters added.</p><h2>Economic calendar</h2><ul><li><p><b>Monday: </b><i>No notable reports scheduled for release</i></p></li><li><p><b>Tuesday: </b>FHFA House Price Index, December (1.1% expected, 1.1% in November); S&amp;P <a href=\"https://laohu8.com/S/CLGX\">CoreLogic</a> Case-Shiller 20-City Composite Index, December month-over-month (1.10% expected, 1.18% in November); S&amp;P CoreLogic Case-Shiller 20-City Composite Index, December year-over-year (18.30% expected, 18.29% in November); <a href=\"https://laohu8.com/S/MRKT\">Markit</a> U.S. Manufacturing PMI, February preliminary (56.0 expected, 55.5 in January); Markit U.S. Services PMI, February preliminary (53.0 expected, 51.2 in January); Markit U.S. Composite PMI, February preliminary (51.1 in January); Conference Board Consumer Confidence Index, February (110.0 expected, 113.8 in January); Richmond Fed Manufacturing Index, February (10 expected, 8 in January)</p></li><li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended February 18 (-5.4% during prior week)</p></li><li><p><b>Thursday: </b>Chicago Fed National Activity Index, January (-0.15 in December); GDP annualized, quarter-over-quarter, 4Q second estimate (7.0% expected, 6.9% in prior estimate); Personal consumption, 4Q second estimate (3.3% expected, 3.3% in prior estimate); Core PCE quarter-over-quarter, 4Q second estimate (4.9% expected, 4.9% in prior estimate); Kansas City Fed Manufacturing Activity, February (24 in January)</p></li><li><p><b>Friday: </b>Personal income, January (-0.4%, 0.3% in December); Personal spending, January (1.5% expected, -0.6% in December); Durable Goods Orders, January preliminary (0.9% -0.7% in December); Durable Goods Orders excluding transportation, January preliminary (0.3% expected, 0.6% in December); PCE deflator, January year-over-year (6.0% expected, 5.8% in December); PCE deflator, January month-over-month (0.6% expected, 0.4% in December); PCE core deflator, January year-over-year (5.2% expected, 4.9% in December); PCE core deflator, January month-over-month (0.5% expected, 0.5% in December)</p></li></ul><h2>Earnings calendar</h2><h2></h2><p><b>Monday</b></p><p><i>No notable reports scheduled for release</i></p><p><b>Tuesday</b></p><p>Before market open: Apache Corp. (APA), Home Depot (HD), Tempur Sealy International (TPX), Macy&#39;s (M)</p><p>After market close: Caesar&#39;s Entertainment (CZR), Agilent Technologies (A), <a href=\"https://laohu8.com/S/FANG\">Diamondback Energy</a> (FANG), The Mosaic Co. (MOS), Toll Brothers (TOL), Virgin Galactic (SPCE), <a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a> (PANW), Teladoc Health (TDOC)</p><p><b>Wednesday</b></p><p>Before market open: Lowe&#39;s (LOW), <a href=\"https://laohu8.com/S/OSTK\">Overstock.com</a> (OSTK), The TJX Cos. (TJX), Cerner Corp. (CERN)</p><p>After market close: Hertz (HTZ), <a href=\"https://laohu8.com/S/EBAY\">eBay</a> (EBAY), Revolve Group Inc. (RVLV), <a href=\"https://laohu8.com/S/BKNG\">Booking Holdings</a> (BKNG), FuboTV (FUBO), Allbirds (BIRD), Bath and Body Works (BBWI), Chesapeake Energy (CHK), <a href=\"https://laohu8.com/S/LYV\">Live Nation Entertainment</a> (LYV), The Real Real (REAL), Lemonade (LMND)</p><p><b>Thursday</b></p><p>Before market open: Keurig Dr. Pepper (KDP), Newmont Corp. (NEM), SeaWorld Entertainment (SEAS), Moderna (MRNA), Planet Fitness (PLNT), Nikola (NKLA), Wayfair (W), Six Flags Entertainment (SIX), Discovery Inc. (DISCA), Norwegian Cruise Line Holdings (NCLH), Occidental Petroleum (OXY)</p><p>After market close: Intuit (INTU), Opendoor Technologies (OPEN), Autodesk (ADSK), Coinbase (COIN), Dell Technologies (DELL), <a href=\"https://laohu8.com/S/SQ2.AU\">Block Inc.</a> (SQ), Zscaler (ZS), Rocket Cos. (RKT), VMWare (VMW), Etsy (ETSY), Beyond Meat (BYND), Monster Beverage Corp. (MNST)</p><p><b>Friday</b></p><p><i>No notable reports scheduled for release</i></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PCE Inflation, Consumer Confidence: What to Know This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPCE Inflation, Consumer Confidence: What to Know This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-21 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/pce-inflation-consumer-confidence-earnings-what-to-know-this-week-164350893.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After stocks endured a second straight week of selling last week, investors will be looking to a slate of fresh economic and earnings data as a catalyst for a potential reprieve.The U.S. stock and ...</p>\n\n<a href=\"https://finance.yahoo.com/news/pce-inflation-consumer-confidence-earnings-what-to-know-this-week-164350893.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLNT":"Planet Fitness Inc","BK4515":"5G概念","BK4504":"桥水持仓","CZR":"凯撒娱乐","A":"安捷伦科技","HTZ":"赫兹租车","JPM":"摩根大通","BK4559":"巴菲特持仓","LOW":"劳氏","BK4177":"软饮料","BK4108":"电影和娱乐","BK4142":"酒店、度假村与豪华游轮","BK4548":"巴美列捷福持仓","BK4507":"流媒体概念","BK4112":"金融交易所和数据","BK4517":"邮轮概念","BK4095":"家庭装饰品","BK4170":"电脑硬件、储存设备及电脑周边","DISCA":"探索传播","APA":"阿帕契","FANG":"Diamondback Energy","SPY":"标普500ETF","TJX":"The TJX Companies Inc.","BK4094":"服装零售","BK4551":"寇图资本持仓",".SPX":"S&P 500 Index","OXY":"西方石油","BK4149":"建筑机械与重型卡车","SPY.AU":"SPDR® S&P 500® ETF Trust","BK4097":"系统软件","BK4023":"应用软件","BK4524":"宅经济概念","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","BK4187":"航天航空与国防","BK4560":"网络安全概念","BK4121":"生命科学工具和服务","BBWI":"Bath & Body Works Inc.","BK4077":"互动媒体与服务","BK4125":"广播","COIN":"Coinbase Global, Inc.","PANW":"Palo Alto Networks","SPCE":"维珍银河","BK4534":"瑞士信贷持仓","CPI":"IQ Real Return ETF","BK4139":"生物科技","BK4562":"SPAC上市公司","KDP":"Keurig Dr Pepper Inc","BK4107":"财产与意外伤害保险","MOS":"美国美盛","M":"梅西百货","HD":"家得宝","BK4022":"陆运","BK4150":"赌场与赌博","ZS":"Zscaler Inc.","BK4505":"高瓴资本持仓"},"source_url":"https://finance.yahoo.com/news/pce-inflation-consumer-confidence-earnings-what-to-know-this-week-164350893.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2213670409","content_text":"After stocks endured a second straight week of selling last week, investors will be looking to a slate of fresh economic and earnings data as a catalyst for a potential reprieve.The U.S. stock and bond markets will be closed Monday in observance of the Presidents Day holiday, so new data releases will be consolidated to the later part of the week. And updates on tensions in Russia and Ukraine will also remain in focus throughout the week after stocks sank to their lowest levels in a month on Friday, amid concerns about the escalating geopolitical conflict.While the emerging threat of military conflict has overshadowed many other worries in the markets, inflation has still remained a central issue for investors. Inflation has implications both in informing the speed at which the Federal Reserve tightens monetary policy, and the extent to which consumers pull back on spending and slow overall economic activity in response to rising prices.\"I really think most of the Russia-Ukraine volatility occurred in the energy space, particularly with oil. I think the rest of the volatility in the broader market has to do with the Fed tightening conversation,\" Frances Stacy, Optimal Capital director of strategy, told Yahoo Finance Live on Friday. \"We're looking at this sort of aggressive tightening against this backdrop of inflation, and I think that that's what's causing the volatility.\"On Friday, the Bureau of Economic Analysis will release its monthly personal consumption expenditures (PCE) deflator, offering a fresh print on the extent of price increases across the recovering economy.Consensus economists expect the PCE to post a rise of another 0.6% in January, according to Bloomberg data, accelerating from December's 0.4% increase. This would represent a 14th consecutive monthly increase, and bring the index up by 6.0% on a year-over-year basis. This, in turn, would mark the fastest increase since 1982, and also accelerate from December's 5.8% annual rise.The core PCE index — the Fed's preferred gauge of underlying inflation stripping out volatile food and energy prices — likely also ramped compared to December's index. Consensus economists are looking for a 5.2% increase in core PCE in January, compared to December's 4.9% rise.Expectations for the latest inflation print suggest the economy has still not yet seen the peak in price increases. And increasingly, central bank officials have come around to the notion that inflation has remained stickier than previously expected, especially as supply chain issues and virus-related disruptions persist.\"Since the December meeting, I would say that the inflation situation is about the same but probably slightly worse,\" Federal Reserve Chair Jerome Powell said in a January press conference. \"I’d be inclined to raise my own estimate of 2022 core PCE inflation ... by a few tenths today.\"And the latest print on PCE will likely reaffirm readings from other closely watched inflation prints. The January Consumer Price Index (CPI) jumped by 7.5% year-over-year to represent the largest increase since 1982, accelerating markedly from the 7.0% increase from December. And on the producer side, wholesale prices jumped 9.7% year-on-year in January, ticking down only slightly from December's record increase of 9.8%.Consumer confidenceDespite the mounting inflationary pressures, however, consumers have largely continued to spend. Retail sales rose by a better-than-expected 3.8% in January, marking the biggest jump since March 2021 and exceeding estimates.And this steady consumption has come even as consumers increasingly cited inflation as a key concern for their own personal finances. Average hourly wages have also climbed in recent months, but have still not kept pace with inflation.\"The resilience of spending stands in stark contrast to the slump in consumer confidence, with households upping their purchases of big ticket items while simultaneously reporting that now is a particularly bad time to make those purchases,\" Paul Ashworth, chief North American economist for Capital Economics, wrote in a note. \"The surge in inflation is the root cause of consumer angst. Sentiment should improve as inflation falls back later this year, but the current weakness is a reminder that real consumption growth will be muted this year.\"The Conference Board's Consumer Confidence Index due for release on Tuesday will help provide a timely snapshot of consumers' thinking following the latest spike in prices at the beginning of the year. Consensus economists are looking for the index to fall to 110.0 for February, which would mark the lowest level since September 2021, when the Delta variant had weighed on consumers' outlooks. The consumer confidence index had been at 113.8 in January.Earnings season rolls onInvestors will also receive a number of new earnings results this week, with major retailers including Home Depot (HD), Lowe's (LOW), Macy's (M) and The TJX Cos. (TJX) reporting alongside other closely watched names from Coinbase (COIN) to Wayfair (W) and Nikola (NKLA).So far this earnings season, corporate profits have remained robust, albeit while slowing compared to prior quarters. As of Friday, 84% of S&P 500 companies had reported actual fourth-quarter earnings results, according to FactSet. And the estimated earnings growth rate for S&P 500 companies in aggregate stood at 30.9%, compared to about 40% from the third quarter.Still, the estimated earnings growth rate for the fourth quarter has trended continuously higher as more companies reported better-than-expected results. On December 31, the estimated earnings growth rate for the fourth quarter had been at just 21.2%.But while results for many companies have been positive for the final three months of 2021, outlooks have weakened, reflecting lingering supply chain uncertainty, rising prices and other macro concerns. FactSet noted that of companies that held their earnings conference calls between Dec. 15 and Feb. 17, 72% of the corporations mentioned \"inflation.\"\"In terms of earnings guidance from corporations, 71% of the S&P 500 companies (55 out of 77) that have issued EPS [earnings per share] guidance for Q1 2022 have issued negative guidance,\" FactSet's John Butters wrote in a note Friday. \"This is the highest percentage of S&P 500 companies issuing negative guidance since Q3 2019 (73%).\"\"Thus, the market may be reacting more to the negative earnings guidance and downward estimates revisions for the first quarter of 2022 than the earnings surprises being reported for the fourth-quarter of 2021,\" Butters added.Economic calendarMonday: No notable reports scheduled for releaseTuesday: FHFA House Price Index, December (1.1% expected, 1.1% in November); S&P CoreLogic Case-Shiller 20-City Composite Index, December month-over-month (1.10% expected, 1.18% in November); S&P CoreLogic Case-Shiller 20-City Composite Index, December year-over-year (18.30% expected, 18.29% in November); Markit U.S. Manufacturing PMI, February preliminary (56.0 expected, 55.5 in January); Markit U.S. Services PMI, February preliminary (53.0 expected, 51.2 in January); Markit U.S. Composite PMI, February preliminary (51.1 in January); Conference Board Consumer Confidence Index, February (110.0 expected, 113.8 in January); Richmond Fed Manufacturing Index, February (10 expected, 8 in January)Wednesday: MBA Mortgage Applications, week ended February 18 (-5.4% during prior week)Thursday: Chicago Fed National Activity Index, January (-0.15 in December); GDP annualized, quarter-over-quarter, 4Q second estimate (7.0% expected, 6.9% in prior estimate); Personal consumption, 4Q second estimate (3.3% expected, 3.3% in prior estimate); Core PCE quarter-over-quarter, 4Q second estimate (4.9% expected, 4.9% in prior estimate); Kansas City Fed Manufacturing Activity, February (24 in January)Friday: Personal income, January (-0.4%, 0.3% in December); Personal spending, January (1.5% expected, -0.6% in December); Durable Goods Orders, January preliminary (0.9% -0.7% in December); Durable Goods Orders excluding transportation, January preliminary (0.3% expected, 0.6% in December); PCE deflator, January year-over-year (6.0% expected, 5.8% in December); PCE deflator, January month-over-month (0.6% expected, 0.4% in December); PCE core deflator, January year-over-year (5.2% expected, 4.9% in December); PCE core deflator, January month-over-month (0.5% expected, 0.5% in December)Earnings calendarMondayNo notable reports scheduled for releaseTuesdayBefore market open: Apache Corp. (APA), Home Depot (HD), Tempur Sealy International (TPX), Macy's (M)After market close: Caesar's Entertainment (CZR), Agilent Technologies (A), Diamondback Energy (FANG), The Mosaic Co. (MOS), Toll Brothers (TOL), Virgin Galactic (SPCE), Palo Alto Networks (PANW), Teladoc Health (TDOC)WednesdayBefore market open: Lowe's (LOW), Overstock.com (OSTK), The TJX Cos. (TJX), Cerner Corp. (CERN)After market close: Hertz (HTZ), eBay (EBAY), Revolve Group Inc. (RVLV), Booking Holdings (BKNG), FuboTV (FUBO), Allbirds (BIRD), Bath and Body Works (BBWI), Chesapeake Energy (CHK), Live Nation Entertainment (LYV), The Real Real (REAL), Lemonade (LMND)ThursdayBefore market open: Keurig Dr. Pepper (KDP), Newmont Corp. (NEM), SeaWorld Entertainment (SEAS), Moderna (MRNA), Planet Fitness (PLNT), Nikola (NKLA), Wayfair (W), Six Flags Entertainment (SIX), Discovery Inc. (DISCA), Norwegian Cruise Line Holdings (NCLH), Occidental Petroleum (OXY)After market close: Intuit (INTU), Opendoor Technologies (OPEN), Autodesk (ADSK), Coinbase (COIN), Dell Technologies (DELL), Block Inc. (SQ), Zscaler (ZS), Rocket Cos. (RKT), VMWare (VMW), Etsy (ETSY), Beyond Meat (BYND), Monster Beverage Corp. (MNST)FridayNo notable reports scheduled for release","news_type":1,"symbols_score_info":{"HD":0.6,".SPX":0.9,"PANW":1,"LOW":0.6,"CPI":1,"HTZ":1,"JPM":0.6,"SPCE":1,"TJX":0.6,"APA":1,"BBWI":1,"CZR":1,"A":1,"PLNT":1,"OXY":1,"FANG":1,"SPY.AU":0.6,"DISCA":1,"COIN":0.6,"KDP":1,"NKLA":1,"SPY":0.6,"MOS":1,"M":0.6,"ZS":1}},"isVote":1,"tweetType":1,"viewCount":641,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811902206,"gmtCreate":1630281974805,"gmtModify":1676530254797,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576831123463310","authorIdStr":"3576831123463310"},"themes":[],"htmlText":"Comment and like please","listText":"Comment and like please","text":"Comment and like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/811902206","repostId":"1152880121","repostType":4,"repost":{"id":"1152880121","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1630281500,"share":"https://ttm.financial/m/news/1152880121?lang=en_US&edition=fundamental","pubTime":"2021-08-30 07:58","market":"us","language":"en","title":"Making Sense of Apple's App Store Rule Tweaks: 'Cupertino Is One Step Ahead of Regulatory Curve'","url":"https://stock-news.laohu8.com/highlight/detail?id=1152880121","media":"Benzinga","summary":"Apple, Inc.(NASDAQ: announcedThursday new App store rules, marking the second refinement in 10 month","content":"<p><b>Apple, Inc.</b>(NASDAQ:&nbsp;announcedThursday new App store rules, marking the second refinement in 10 months. The 30% in-app take rate for large developers and 15% take rate for small developers remained unchanged.</p>\n<p><b>Windfall For Small App Developers:</b>Apple's recent App store policy change will likely benefit small developers, given they otherwise are less likely to have a way to contact their users,<b>Loup Funds</b>Managing Partner<b>Gene Munster</b>said in a note.</p>\n<p>Large developers such as<b>Netflix, Inc.</b>and&nbsp;<b>Spotify Technology SA</b>&nbsp; have already stepped away from Apple, prohibiting new users to sign up inside the App Store, the analyst said.</p>\n<p><b>\"Win-win\" For All Stakeholders:</b>The changes announced do&nbsp;not allow developers to advertise within their apps about alternative payment options, the analyst said.</p>\n<p>\"This is a moderation, not an elimination, of the anti-steering clause,\" he added.</p>\n<p>Apple's adjustment, according to the analyst, is a win-win-win for all three parties – Apple, app makers and lawmakers.</p>\n<p><b>Allowing Third-party App Stores Next Bone of Contention:</b>There is a low probability of regulators making any movement on take rate, due to the complexity involved, the analyst said.</p>\n<p>Given Apple has a 50% market share in the U.S., the tech giant may be forced to allow third-party app stores on iOS, according to the analyst.</p>\n<p>Explaining the modality of how this will pan out, Munster said, an iPhone user will go to Apple's App Store and download a third-party app such asEpic Gamesor a large centralized store like&nbsp;<b>Alphabet, Inc.</b>'s Google. Upon entering the third-party app store, the user will download an additional app, he added.</p>\n<p>Once an additional app, say a gaming app, is installed on the iPhone, the iPhone user would access the app as they do any other iOS app, the analyst said.</p>\n<p><b>Not Much Is Going to Change:</b>&nbsp;By moderating the anti-steering clause, Apple is giving more control to developers and ultimately consumers, especially with respect to their payment methods, Munster said. That said, the analyst expects little to change in terms of consumer behavior.</p>\n<p>\"While transacting through the App Store may be more expensive than going direct to a developer, the App Store makes it easier for users to manage multiple subscriptions, gives them frictionless payments, along with lowering the risk of malware and providing greater payment security,\" the analyst said.</p>\n<p>Munster expects more than 95% of users to continue to rely on the App Store for payments.</p>\n<p><b>A Step Ahead of Regulators:</b>Munster believes regulators will likely be pleased with Apple's compromise as it gives consumers more choice and reduced distribution and maintenance costs for app developers.</p>\n<p>\"While additional App Store regulation proposals will continue to surface, particularly around third-party app stores, Apple's revisions to the App Store keep&nbsp;them one step ahead of the regulatory curve,\" the analyst concluded.</p>\n<p>Apple shares closed Friday's session up 0.72% at $148.60.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Making Sense of Apple's App Store Rule Tweaks: 'Cupertino Is One Step Ahead of Regulatory Curve'</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMaking Sense of Apple's App Store Rule Tweaks: 'Cupertino Is One Step Ahead of Regulatory Curve'\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-08-30 07:58</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Apple, Inc.</b>(NASDAQ:&nbsp;announcedThursday new App store rules, marking the second refinement in 10 months. The 30% in-app take rate for large developers and 15% take rate for small developers remained unchanged.</p>\n<p><b>Windfall For Small App Developers:</b>Apple's recent App store policy change will likely benefit small developers, given they otherwise are less likely to have a way to contact their users,<b>Loup Funds</b>Managing Partner<b>Gene Munster</b>said in a note.</p>\n<p>Large developers such as<b>Netflix, Inc.</b>and&nbsp;<b>Spotify Technology SA</b>&nbsp; have already stepped away from Apple, prohibiting new users to sign up inside the App Store, the analyst said.</p>\n<p><b>\"Win-win\" For All Stakeholders:</b>The changes announced do&nbsp;not allow developers to advertise within their apps about alternative payment options, the analyst said.</p>\n<p>\"This is a moderation, not an elimination, of the anti-steering clause,\" he added.</p>\n<p>Apple's adjustment, according to the analyst, is a win-win-win for all three parties – Apple, app makers and lawmakers.</p>\n<p><b>Allowing Third-party App Stores Next Bone of Contention:</b>There is a low probability of regulators making any movement on take rate, due to the complexity involved, the analyst said.</p>\n<p>Given Apple has a 50% market share in the U.S., the tech giant may be forced to allow third-party app stores on iOS, according to the analyst.</p>\n<p>Explaining the modality of how this will pan out, Munster said, an iPhone user will go to Apple's App Store and download a third-party app such asEpic Gamesor a large centralized store like&nbsp;<b>Alphabet, Inc.</b>'s Google. Upon entering the third-party app store, the user will download an additional app, he added.</p>\n<p>Once an additional app, say a gaming app, is installed on the iPhone, the iPhone user would access the app as they do any other iOS app, the analyst said.</p>\n<p><b>Not Much Is Going to Change:</b>&nbsp;By moderating the anti-steering clause, Apple is giving more control to developers and ultimately consumers, especially with respect to their payment methods, Munster said. That said, the analyst expects little to change in terms of consumer behavior.</p>\n<p>\"While transacting through the App Store may be more expensive than going direct to a developer, the App Store makes it easier for users to manage multiple subscriptions, gives them frictionless payments, along with lowering the risk of malware and providing greater payment security,\" the analyst said.</p>\n<p>Munster expects more than 95% of users to continue to rely on the App Store for payments.</p>\n<p><b>A Step Ahead of Regulators:</b>Munster believes regulators will likely be pleased with Apple's compromise as it gives consumers more choice and reduced distribution and maintenance costs for app developers.</p>\n<p>\"While additional App Store regulation proposals will continue to surface, particularly around third-party app stores, Apple's revisions to the App Store keep&nbsp;them one step ahead of the regulatory curve,\" the analyst concluded.</p>\n<p>Apple shares closed Friday's session up 0.72% at $148.60.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152880121","content_text":"Apple, Inc.(NASDAQ: announcedThursday new App store rules, marking the second refinement in 10 months. The 30% in-app take rate for large developers and 15% take rate for small developers remained unchanged.\nWindfall For Small App Developers:Apple's recent App store policy change will likely benefit small developers, given they otherwise are less likely to have a way to contact their users,Loup FundsManaging PartnerGene Munstersaid in a note.\nLarge developers such asNetflix, Inc.and Spotify Technology SA  have already stepped away from Apple, prohibiting new users to sign up inside the App Store, the analyst said.\n\"Win-win\" For All Stakeholders:The changes announced do not allow developers to advertise within their apps about alternative payment options, the analyst said.\n\"This is a moderation, not an elimination, of the anti-steering clause,\" he added.\nApple's adjustment, according to the analyst, is a win-win-win for all three parties – Apple, app makers and lawmakers.\nAllowing Third-party App Stores Next Bone of Contention:There is a low probability of regulators making any movement on take rate, due to the complexity involved, the analyst said.\nGiven Apple has a 50% market share in the U.S., the tech giant may be forced to allow third-party app stores on iOS, according to the analyst.\nExplaining the modality of how this will pan out, Munster said, an iPhone user will go to Apple's App Store and download a third-party app such asEpic Gamesor a large centralized store like Alphabet, Inc.'s Google. Upon entering the third-party app store, the user will download an additional app, he added.\nOnce an additional app, say a gaming app, is installed on the iPhone, the iPhone user would access the app as they do any other iOS app, the analyst said.\nNot Much Is Going to Change: By moderating the anti-steering clause, Apple is giving more control to developers and ultimately consumers, especially with respect to their payment methods, Munster said. That said, the analyst expects little to change in terms of consumer behavior.\n\"While transacting through the App Store may be more expensive than going direct to a developer, the App Store makes it easier for users to manage multiple subscriptions, gives them frictionless payments, along with lowering the risk of malware and providing greater payment security,\" the analyst said.\nMunster expects more than 95% of users to continue to rely on the App Store for payments.\nA Step Ahead of Regulators:Munster believes regulators will likely be pleased with Apple's compromise as it gives consumers more choice and reduced distribution and maintenance costs for app developers.\n\"While additional App Store regulation proposals will continue to surface, particularly around third-party app stores, Apple's revisions to the App Store keep them one step ahead of the regulatory curve,\" the analyst concluded.\nApple shares closed Friday's session up 0.72% at $148.60.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":615,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803142374,"gmtCreate":1627429701198,"gmtModify":1703489661117,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576831123463310","authorIdStr":"3576831123463310"},"themes":[],"htmlText":"Cimment and like please","listText":"Cimment and like please","text":"Cimment and like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/803142374","repostId":"1130824999","repostType":4,"isVote":1,"tweetType":1,"viewCount":1575,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120457488,"gmtCreate":1624334283244,"gmtModify":1703833787223,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576831123463310","authorIdStr":"3576831123463310"},"themes":[],"htmlText":"Comment and like please","listText":"Comment and like please","text":"Comment and like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/120457488","repostId":"1134679198","repostType":4,"repost":{"id":"1134679198","kind":"news","pubTimestamp":1624332186,"share":"https://ttm.financial/m/news/1134679198?lang=en_US&edition=fundamental","pubTime":"2021-06-22 11:23","market":"us","language":"en","title":"Goldman Sees Another $500 Billion Being Plowed Into U.S. Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1134679198","media":"finance.yahoo","summary":"(Bloomberg) -- Households and corporations will buy an additional $500 billion of U.S. stocks throug","content":"<p>(Bloomberg) -- Households and corporations will buy an additional $500 billion of U.S. stocks through the year-end, even as equities trade near record highs, according to Goldman Sachs Group Inc.</p>\n<p>The splurge is set to happen amid a record $5.5 trillion of cash that’s sitting idle, having swollen through the pandemic, Goldman strategists led by David J. Kostin wrote in a note. They expect corporations to be the biggest source of equity demand for the rest of 2021, with buybacks set to accelerate and issuance poised to slow from peak first-quarter levels.</p>\n<p>In the first quarter, households bought a net $172 billion of equities, Goldman said, with demand set to be boosted further by swollen levels of cash and growing market participation by retail investors that has led to the wild swings seen in so-called meme stocks this year.</p>\n<p>Investor appetite for equities shows no sign of abating, even as U.S. and European stocks trade close to record highs and as U.S. Federal Reserve officials signal they’re getting ready to scale back stimulus.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Sees Another $500 Billion Being Plowed Into U.S. Stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Sees Another $500 Billion Being Plowed Into U.S. Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 11:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/goldman-sees-another-500-billion-120837569.html><strong>finance.yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Households and corporations will buy an additional $500 billion of U.S. stocks through the year-end, even as equities trade near record highs, according to Goldman Sachs Group Inc.\nThe ...</p>\n\n<a href=\"https://finance.yahoo.com/news/goldman-sees-another-500-billion-120837569.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GS":"高盛"},"source_url":"https://finance.yahoo.com/news/goldman-sees-another-500-billion-120837569.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134679198","content_text":"(Bloomberg) -- Households and corporations will buy an additional $500 billion of U.S. stocks through the year-end, even as equities trade near record highs, according to Goldman Sachs Group Inc.\nThe splurge is set to happen amid a record $5.5 trillion of cash that’s sitting idle, having swollen through the pandemic, Goldman strategists led by David J. Kostin wrote in a note. They expect corporations to be the biggest source of equity demand for the rest of 2021, with buybacks set to accelerate and issuance poised to slow from peak first-quarter levels.\nIn the first quarter, households bought a net $172 billion of equities, Goldman said, with demand set to be boosted further by swollen levels of cash and growing market participation by retail investors that has led to the wild swings seen in so-called meme stocks this year.\nInvestor appetite for equities shows no sign of abating, even as U.S. and European stocks trade close to record highs and as U.S. Federal Reserve officials signal they’re getting ready to scale back stimulus.","news_type":1,"symbols_score_info":{"GS":0.9}},"isVote":1,"tweetType":1,"viewCount":1011,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3571345352614779","authorId":"3571345352614779","name":"xiaobaii","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"idStr":"3571345352614779","authorIdStr":"3571345352614779"},"content":"Like & Comment Please, Thank You Very Much","text":"Like & Comment Please, Thank You Very Much","html":"Like & Comment Please, Thank You Very Much"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110733280,"gmtCreate":1622503310140,"gmtModify":1704185093534,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576831123463310","authorIdStr":"3576831123463310"},"themes":[],"htmlText":"Comment and like please","listText":"Comment and like please","text":"Comment and like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/110733280","repostId":"1163643126","repostType":4,"isVote":1,"tweetType":1,"viewCount":503,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":131004872,"gmtCreate":1621815283596,"gmtModify":1704362591755,"author":{"id":"3576831123463310","authorId":"3576831123463310","name":"kctan","avatar":"https://static.tigerbbs.com/f1770830f8c002db55c8aadca0939107","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3576831123463310","authorIdStr":"3576831123463310"},"themes":[],"htmlText":"Comment and like please","listText":"Comment and like please","text":"Comment and like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/131004872","repostId":"1119299095","repostType":4,"isVote":1,"tweetType":1,"viewCount":730,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}