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Dennis888

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- Dennis888Dennis888
  ·2022-11-08
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  ·2022-11-06
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  ·2022-11-05
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- Dennis888Dennis888
  ·2022-11-05
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  ASX Weekly Review: Interest Rates Continue to Rise As Iron Ore Slumps
  The Aussie market made gains this week with the ASX200 up 1.57% to 6892.5 points.The index crept abo
  ASX Weekly Review: Interest Rates Continue to Rise As Iron Ore Slumps
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- Dennis888Dennis888
  ·2022-11-02
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  BofA Indicator Is Closest to Saying "Buy" US Stocks Since 2017
  S&P 500 generally rose if gauge was at present or lower levelsSentiment signal says S&P may rise to
  BofA Indicator Is Closest to Saying "Buy" US Stocks Since 2017
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- Dennis888Dennis888
  ·2022-11-01
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- Dennis888Dennis888
  ·2022-10-29
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- Dennis888Dennis888
  ·2022-10-27
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- Dennis888Dennis888
  ·2022-10-26
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- Dennis888Dennis888
  ·2022-10-24
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Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>ok","text":"$Tesla Motors(TSLA)$ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9984646403","isVote":1,"tweetType":1,"viewCount":1955,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9984654246,"gmtCreate":1667622513286,"gmtModify":1676537946242,"author":{"id":"3574897684839151","authorId":"3574897684839151","name":"Dennis888","avatar":"https://static.tigerbbs.com/9838e81aa6b2e9a99b143a1af897f6da","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3574897684839151","authorIdStr":"3574897684839151"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9984654246","repostId":"1142209444","repostType":4,"repost":{"id":"1142209444","kind":"news","pubTimestamp":1667603900,"share":"https://ttm.financial/m/news/1142209444?lang=&edition=fundamental","pubTime":"2022-11-05 07:18","language":"en","title":"ASX Weekly Review: Interest Rates Continue to Rise As Iron Ore Slumps","url":"https://stock-news.laohu8.com/highlight/detail?id=1142209444","media":"small caps","summary":"The Aussie market made gains this week with the ASX200 up 1.57% to 6892.5 points.The index crept abo","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/04bc5e7f2b8855fb361f5e2fd05b44cd\" tg-width=\"640\" tg-height=\"400\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>The Aussie market made gains this week with the ASX200 up 1.57% to 6892.5 points.</p><p>The index crept above 7000 points mid week however was unable to hold onto the important psychological level.</p><h2>Interest rate rises have only just begun</h2><p>This week, theReserve Bank of Australia raised rates for seventh consecutive month to 2.85%.</p><p>The hike came as no surprise after September inflation hit 7.3%. Many analysts were also tipping a 0.50% increase over the 0.25% the RBA implemented.</p><p>RBA governor Philip Lowe attributed the increase to “global factors” and “strong domestic demand”.</p><p>Mr Lowe also expects inflation to continue rising and peak at about 8% later this year.</p><p>The big four bank in Australiapassed on the rate raise to consumers.</p><p>Over in the US, the Federal Reserve raised rates by 0.75% with Fed chairman Jerome Powell saying it would be “very premature” to think about pausing any interest rate rises.</p><p>“The committee is strongly committed to returning inflation to its 2% objective,” he added.</p><p>With US inflation currently at 8.2% it may be some time before we see a return to 2%, meaning rates will likely continue their upward momentum.</p><p>However, some market participants are anticipating a pivot from the Fed that has talked tough in the past and failed to act.</p><p>This time may well be different as central banks have clearly created asset bubbles around the world with their artificially low interest rates for many years and excessive money printing.</p><h2>Iron ore prices continue to plunge</h2><p>Iron ore’s downward spiral is expected to continue, as the commodity’s largest buyer, China’s steel industry, continues to remain sluggish.</p><p>China’s economy, overall, has continued to wane amid ongoing COVID-19 lockdowns and global inflationary pressures.</p><p>The China Iron and Steel Association (CISA) this week spoke of the “difficulties and situations” the country’s steel sector has been facing this year, and this is not anticipated to improve in the near-term.</p><p>Iron ore has been dragged down by subdued Chinese demand – plunging from US$160 a tonne in April this year to hover around US$80/t this week.</p><p><img src=\"https://static.tigerbbs.com/be63e635683ecdf2728ecf4792e4bc38\" tg-width=\"640\" tg-height=\"375\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>The price of iron ore continues to slide.</p><p>It’s no surprise the ongoing lack-lustre outlook for iron ore is dragging down Australia’s iron ore plays, with majorsBHP (ASX: BHP)falling 4% this month – down almost 9% over the last six months. However, the major regained ground this week up 3.99%, closing trade on Friday at $38.56.</p><p>Australia’s other major iron ore minerRio Tinto (ASX: RIO)followed a similar trajectory to BHP, and is 3.3% lower this month – shedding just under 17% over the last six months. This week, the miner rebounded 4.8% to close trade at $92.80.</p><p>It was a similar story forFortescue Metals Group (ASX: FMG), which is down 7.79% over the last month – losing 21% over the last six. Fortescue bounced back 8.4% to $15.87.</p><h2>Small cap stock action</h2><p>The Small Ords index rose 1.87% to 2783.9 points for the week.</p><p><img src=\"https://static.tigerbbs.com/a83a60848d8c6c4103cba1025a516061\" tg-width=\"640\" tg-height=\"214\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>ASX 200 vs Small Ords</p><p>Small cap companies making headlines this week were:</p><p><b>PropTech Group (ASX: PTG)</b></p><p>PropTech Group directors this week recommended shareholders vote in favour of a proposedtakeover by MRI Software LLC subsidiary, BidCo.</p><p>BidCo has offered a cash consideration of $0.60 per share, which values PropTech at approximately $93.4 million on a fully diluted basis.</p><p>The acquisition is expected to benefit the company by expanding its product offerings, providing greater value to customers and rewarding investors with a return substantially above the current market price.</p><p>Shareholders will vote on the takeover in January.</p><p><b>Scout Security (ASX: SCT)</b></p><p>Scout Security has reported anannualised recurring revenue of $1.1 millionfor the three months to end September, reflecting the sell-through and activation of security systems through its own sales channels and those of its white label partners.</p><p>The news adds to the company’s recent announcement that it had secured US telco giant Lumen Technologies as its largest white label partner to date.</p><p>Under the terms of the Lumen deal, Scout will develop a motion sensor home security app as part of a smart security platform build-out leveraging leverage whole-of-home WiFi equipment from Lumen, fibre internet, Scout video products and Lumen technology licenses.</p><p>The smart security and control platform will be launched under Lumen’s branding in the first half of the new calendar year, with recurring revenues to follow.</p><p><b>Heavy Minerals (ASX: HVY)</b></p><p>Perth-based explorerHeavy Minerals has confirmed the start of drillingthis month at its Port Gregory garnet project its Red Hill prospect in WA.</p><p>Bostech Drilling will complete the work, which seeks to extend the Port Gregory mineral resource estimate of 135 million tonnes at 4% total heavy minerals (THM) at a 2% cut-off grade.</p><p>The company also aims to increase the total resource based on extension drilling to the east, north and south prior to the start of a pre-feasibility study next year.</p><p>Drilling at Red Hill follows on from positive auger sampling results earlier this year and will feed into a mineral resource estimate expected in April.</p><p><b>The Hydration Pharmaceuticals Company (ASX: HPC)</b></p><p>The Hydration Pharmaceuticals Company, which trades as Hydralyte North America, has delivered aSeptember quarter of “beyond seasonable” salesfuelled by a prolonged heatwave during Canada’s 2021 summer.</p><p>Revenue of US$2.44 million for the three-month period was also attributed to strong growth from e-commerce channels including Amazon US, as well as strong product uptake through retail outlets in the US and Canada.</p><p>The company continued to invest in marketing activities including advancing a China distribution partnership; an e-commerce website relaunch; and networking events with celebrity ambassador Shay Mitchell.</p><p><b>Norfolk Metals (ASX: NFL)</b></p><p>Diversified explorerNorfolk Metals has hit native copper and sulphide mineralisationin a maiden hole at the Roger River gold project in Tasmania.</p><p>Visual logging of drill core identified the mineralisation in discrete zones from 58.5m to 145.4m, comprised of disseminated to blebby copper.</p><p>Chalcopyrite (or copper-iron-sulphide) was also observed at 86.5m from surface.</p><p>Roger River lies south of Smithton and covers 261sq km, including 30km of strike along the Roger River Fault zone.</p><h2>The week ahead</h2><p>Here in Australia, consumer and business confidence numbers will be out midweek.</p><p>Earnings are out from the following companies:James Hardie (ASX: JHX),Westpac (ASX: WBC),NAB (ASX: NAB),Orica (ASX: ORI),Amcor (ASX: AMC),Perseus Mining (ASX: PRU),Ramsay Health Care (ASX: RHC),Sonic Healthcare (ASX: SHL)andXero (ASX: XRO).</p><p>Other than the election midterms the biggest piece of news to look out for next week in the US will be inflation data for October at the end of the week.</p><p>It’s a similar story with China, which will release its inflation numbers, along with balance of trade and industrial production data to give clues as to just how well the economy is holding up.</p></body></html>","source":"lsy1647655037355","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nASX Weekly Review: Interest Rates Continue to Rise As Iron Ore Slumps\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-05 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://smallcaps.com.au/interest-rates-continue-rise-iron-ore-slumps-weekly-review/><strong>small caps</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Aussie market made gains this week with the ASX200 up 1.57% to 6892.5 points.The index crept above 7000 points mid week however was unable to hold onto the important psychological level.Interest ...</p>\n\n<a href=\"https://smallcaps.com.au/interest-rates-continue-rise-iron-ore-slumps-weekly-review/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XAO.AU":"标普/澳交所 普通股指数","XKO.AU":"标普/澳交所 300指数","XJO.AU":"标普/澳交所 200指数"},"source_url":"https://smallcaps.com.au/interest-rates-continue-rise-iron-ore-slumps-weekly-review/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142209444","content_text":"The Aussie market made gains this week with the ASX200 up 1.57% to 6892.5 points.The index crept above 7000 points mid week however was unable to hold onto the important psychological level.Interest rate rises have only just begunThis week, theReserve Bank of Australia raised rates for seventh consecutive month to 2.85%.The hike came as no surprise after September inflation hit 7.3%. Many analysts were also tipping a 0.50% increase over the 0.25% the RBA implemented.RBA governor Philip Lowe attributed the increase to “global factors” and “strong domestic demand”.Mr Lowe also expects inflation to continue rising and peak at about 8% later this year.The big four bank in Australiapassed on the rate raise to consumers.Over in the US, the Federal Reserve raised rates by 0.75% with Fed chairman Jerome Powell saying it would be “very premature” to think about pausing any interest rate rises.“The committee is strongly committed to returning inflation to its 2% objective,” he added.With US inflation currently at 8.2% it may be some time before we see a return to 2%, meaning rates will likely continue their upward momentum.However, some market participants are anticipating a pivot from the Fed that has talked tough in the past and failed to act.This time may well be different as central banks have clearly created asset bubbles around the world with their artificially low interest rates for many years and excessive money printing.Iron ore prices continue to plungeIron ore’s downward spiral is expected to continue, as the commodity’s largest buyer, China’s steel industry, continues to remain sluggish.China’s economy, overall, has continued to wane amid ongoing COVID-19 lockdowns and global inflationary pressures.The China Iron and Steel Association (CISA) this week spoke of the “difficulties and situations” the country’s steel sector has been facing this year, and this is not anticipated to improve in the near-term.Iron ore has been dragged down by subdued Chinese demand – plunging from US$160 a tonne in April this year to hover around US$80/t this week.The price of iron ore continues to slide.It’s no surprise the ongoing lack-lustre outlook for iron ore is dragging down Australia’s iron ore plays, with majorsBHP (ASX: BHP)falling 4% this month – down almost 9% over the last six months. However, the major regained ground this week up 3.99%, closing trade on Friday at $38.56.Australia’s other major iron ore minerRio Tinto (ASX: RIO)followed a similar trajectory to BHP, and is 3.3% lower this month – shedding just under 17% over the last six months. This week, the miner rebounded 4.8% to close trade at $92.80.It was a similar story forFortescue Metals Group (ASX: FMG), which is down 7.79% over the last month – losing 21% over the last six. Fortescue bounced back 8.4% to $15.87.Small cap stock actionThe Small Ords index rose 1.87% to 2783.9 points for the week.ASX 200 vs Small OrdsSmall cap companies making headlines this week were:PropTech Group (ASX: PTG)PropTech Group directors this week recommended shareholders vote in favour of a proposedtakeover by MRI Software LLC subsidiary, BidCo.BidCo has offered a cash consideration of $0.60 per share, which values PropTech at approximately $93.4 million on a fully diluted basis.The acquisition is expected to benefit the company by expanding its product offerings, providing greater value to customers and rewarding investors with a return substantially above the current market price.Shareholders will vote on the takeover in January.Scout Security (ASX: SCT)Scout Security has reported anannualised recurring revenue of $1.1 millionfor the three months to end September, reflecting the sell-through and activation of security systems through its own sales channels and those of its white label partners.The news adds to the company’s recent announcement that it had secured US telco giant Lumen Technologies as its largest white label partner to date.Under the terms of the Lumen deal, Scout will develop a motion sensor home security app as part of a smart security platform build-out leveraging leverage whole-of-home WiFi equipment from Lumen, fibre internet, Scout video products and Lumen technology licenses.The smart security and control platform will be launched under Lumen’s branding in the first half of the new calendar year, with recurring revenues to follow.Heavy Minerals (ASX: HVY)Perth-based explorerHeavy Minerals has confirmed the start of drillingthis month at its Port Gregory garnet project its Red Hill prospect in WA.Bostech Drilling will complete the work, which seeks to extend the Port Gregory mineral resource estimate of 135 million tonnes at 4% total heavy minerals (THM) at a 2% cut-off grade.The company also aims to increase the total resource based on extension drilling to the east, north and south prior to the start of a pre-feasibility study next year.Drilling at Red Hill follows on from positive auger sampling results earlier this year and will feed into a mineral resource estimate expected in April.The Hydration Pharmaceuticals Company (ASX: HPC)The Hydration Pharmaceuticals Company, which trades as Hydralyte North America, has delivered aSeptember quarter of “beyond seasonable” salesfuelled by a prolonged heatwave during Canada’s 2021 summer.Revenue of US$2.44 million for the three-month period was also attributed to strong growth from e-commerce channels including Amazon US, as well as strong product uptake through retail outlets in the US and Canada.The company continued to invest in marketing activities including advancing a China distribution partnership; an e-commerce website relaunch; and networking events with celebrity ambassador Shay Mitchell.Norfolk Metals (ASX: NFL)Diversified explorerNorfolk Metals has hit native copper and sulphide mineralisationin a maiden hole at the Roger River gold project in Tasmania.Visual logging of drill core identified the mineralisation in discrete zones from 58.5m to 145.4m, comprised of disseminated to blebby copper.Chalcopyrite (or copper-iron-sulphide) was also observed at 86.5m from surface.Roger River lies south of Smithton and covers 261sq km, including 30km of strike along the Roger River Fault zone.The week aheadHere in Australia, consumer and business confidence numbers will be out midweek.Earnings are out from the following companies:James Hardie (ASX: JHX),Westpac (ASX: WBC),NAB (ASX: NAB),Orica (ASX: ORI),Amcor (ASX: AMC),Perseus Mining (ASX: PRU),Ramsay Health Care (ASX: RHC),Sonic Healthcare (ASX: SHL)andXero (ASX: XRO).Other than the election midterms the biggest piece of news to look out for next week in the US will be inflation data for October at the end of the week.It’s a similar story with China, which will release its inflation numbers, along with balance of trade and industrial production data to give clues as to just how well the economy is holding up.","news_type":1,"symbols_score_info":{"XKO.AU":0.9,"XJO.AU":0.9,"XAO.AU":0.9}},"isVote":1,"tweetType":1,"viewCount":2042,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9985655350,"gmtCreate":1667384453471,"gmtModify":1676537908973,"author":{"id":"3574897684839151","authorId":"3574897684839151","name":"Dennis888","avatar":"https://static.tigerbbs.com/9838e81aa6b2e9a99b143a1af897f6da","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3574897684839151","authorIdStr":"3574897684839151"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9985655350","repostId":"2280374679","repostType":4,"repost":{"id":"2280374679","kind":"highlight","pubTimestamp":1667397979,"share":"https://ttm.financial/m/news/2280374679?lang=&edition=fundamental","pubTime":"2022-11-02 22:06","market":"us","language":"en","title":"BofA Indicator Is Closest to Saying \"Buy\" US Stocks Since 2017","url":"https://stock-news.laohu8.com/highlight/detail?id=2280374679","media":"Bloomberg","summary":"S&P 500 generally rose if gauge was at present or lower levelsSentiment signal says S&P may rise to ","content":"<div>\n<p>S&P 500 generally rose if gauge was at present or lower levelsSentiment signal says S&P may rise to 4,500 in next 12 months(Bloomberg) -- A Bank of America Corp. contrarian indicator based on Wall ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-02/bofa-indicator-is-closest-to-saying-buy-us-stocks-since-2017\">Web 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>BofA Indicator Is Closest to Saying \"Buy\" US Stocks Since 2017</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; 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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\">\nBofA Indicator Is Closest to Saying \"Buy\" US Stocks Since 2017\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-02 22:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-11-02/bofa-indicator-is-closest-to-saying-buy-us-stocks-since-2017><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>S&P 500 generally rose if gauge was at present or lower levelsSentiment signal says S&P may rise to 4,500 in next 12 months(Bloomberg) -- A Bank of America Corp. contrarian indicator based on Wall ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-02/bofa-indicator-is-closest-to-saying-buy-us-stocks-since-2017\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSC":"新濠影汇",".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","BAC":"美国银行"},"source_url":"https://www.bloomberg.com/news/articles/2022-11-02/bofa-indicator-is-closest-to-saying-buy-us-stocks-since-2017","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2280374679","content_text":"S&P 500 generally rose if gauge was at present or lower levelsSentiment signal says S&P may rise to 4,500 in next 12 months(Bloomberg) -- A Bank of America Corp. contrarian indicator based on Wall Street strategists’ allocation views is nearest to flashing “buy” US equities in more than five years.“The indicator is the closest it has been to a ‘Buy’ signal since early 2017 and is closer to a ‘Buy’ signal than a ‘Sell’ signal for a sixth consecutive month,” strategists including Savita Subramanian wrote in a note dated Nov. 1. “Wall Street’s consensus equity allocation has been a reliable contrarian indicator over time.”The bank’s equity-sentiment measure, called the Sell Side Indicator, is one of the inputs that has gone into setting its S&P 500 target at 3,600 for this year and signals the equity gauge can rise to 4,500 over the next 12 months, they wrote. The stocks benchmark closed at 3,856.10 on Wednesday.Whenever the indicator was at current levels or lower, the subsequent 12-month returns for the US equity index were positive 94% of the time -- with median gains of 22%, the strategists said.The chants of a dovish turn in Federal Reserve’s policy have grown louder ahead of a Federal Reserve rate decision scheduled this week. The optimism has helped the S&P 500 Index rebound about 8% since Oct. 12, when it closed at the lowest level since November 2020.So far it looks like investors’ hopes of a friendlier Fed will get dashed again as chair Jerome Powell is poised to carry out a fifth-straight outsized rate hike on Wednesday.The average recommended stock allocation among Wall Street analysts has dropped by more than 6 percentage points this year, while the proposed proportion for bonds has increased by about 5 percentage points, BofA’s Subramanian and team said.","news_type":1,"symbols_score_info":{".IXIC":0.9,"BAC":0.6,".SPX":0.9,"MSC":0.6,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2308,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9985390740,"gmtCreate":1667309337580,"gmtModify":1676537895474,"author":{"id":"3574897684839151","authorId":"3574897684839151","name":"Dennis888","avatar":"https://static.tigerbbs.com/9838e81aa6b2e9a99b143a1af897f6da","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3574897684839151","authorIdStr":"3574897684839151"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>ok","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>ok","text":"$Tesla 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