dadaho personal page - To The Moon

dadaho

dadaho

No personal profile

231Follow

13Followers

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01-24

$Oceanus(579.SI)$

2023-08-16

$Sea Ltd(SE)$ i am buying.

2023-04-11

good game not easy to win big prize rhough

2023-04-10

Let's play the game and win

2023-04-09

Nice game

@TigerEvents:【Game】Easter Egg Hunting with Tiger, Win Disney Shares and USD 120 Voucher

2023-04-09

Nice game, keep playing

2023-04-08

Good game great prizes

2023-03-17

good

@Tiger_Newspress:Option Movers｜First Republic Bank Had 70% Put Options And Volume Surged 200%; Microsoft And Nvidia’s Volume Rose 50%

2023-02-27

Great

@Smartkarma:Halcyon Agri (HACL SP): Offer Document Out, Offer Closes 24 March

2023-01-02

$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$ add

2022-12-30

$SINGAPORE AIRLINES LTD(C6L.SI)$ good

2022-12-25

$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$ good

2022-12-17

$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$ BullishBullishBullishadd

2022-12-16

$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$ BullishBullishBullishadd

2022-12-14

$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$ BullishBullishBullishbuy

2022-12-13

$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$ BullishBullishBullishbuy

2022-12-12

$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$ BullishBullishBullishBullishbuy

2022-12-11

$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$ BullishBullishBullishbuy

2022-12-09

$Grab Holdings(GRAB)$ BullishBullishBullishBullishgood buy now

2022-12-05

$Sea Ltd(SE)$ BullishBullishBullishaff

Go to Tiger App to see more news

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Ltd(SE)$&nbsp;</a>i am buying.&nbsp;","text":"$Sea Ltd(SE)$ i am buying.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/209515725115416","isVote":1,"tweetType":1,"viewCount":263,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942837200,"gmtCreate":1681176729701,"gmtModify":1681176733520,"author":{"id":"3582854716649311","authorId":"3582854716649311","name":"dadaho","avatar":"https://community-static.tradeup.com/news/a9afc39e556bba29eb8b53826efc2828","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582854716649311","authorIdStr":"3582854716649311"},"themes":[],"htmlText":"good game not easy to win big prize rhough","listText":"good game not easy to win big prize rhough","text":"good game not easy to win big prize rhough","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942837200","isVote":1,"tweetType":1,"viewCount":315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942098433,"gmtCreate":1681080191923,"gmtModify":1681080195306,"author":{"id":"3582854716649311","authorId":"3582854716649311","name":"dadaho","avatar":"https://community-static.tradeup.com/news/a9afc39e556bba29eb8b53826efc2828","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582854716649311","authorIdStr":"3582854716649311"},"themes":[],"htmlText":"Let's play the game and win","listText":"Let's play the game and win","text":"Let's play the game and win","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942098433","isVote":1,"tweetType":1,"viewCount":286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9946462414,"gmtCreate":1681025063038,"gmtModify":1681025066463,"author":{"id":"3582854716649311","authorId":"3582854716649311","name":"dadaho","avatar":"https://community-static.tradeup.com/news/a9afc39e556bba29eb8b53826efc2828","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582854716649311","authorIdStr":"3582854716649311"},"themes":[],"htmlText":"Nice game","listText":"Nice game","text":"Nice game","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9946462414","repostId":"9943960936","repostType":1,"repost":{"id":9943960936,"gmtCreate":1679046534725,"gmtModify":1680580626622,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"【Game】Easter Egg Hunting with Tiger, Win Disney Shares and USD 120 Voucher","htmlText":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","listText":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","text":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣Join our Easter campaign now","images":[{"img":"https://community-static.tradeup.com/news/c90a7371a3bcd1e6c552d2aa23f72c33","width":"1200","height":"630"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943960936","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9946468630,"gmtCreate":1681024179020,"gmtModify":1681024182464,"author":{"id":"3582854716649311","authorId":"3582854716649311","name":"dadaho","avatar":"https://community-static.tradeup.com/news/a9afc39e556bba29eb8b53826efc2828","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582854716649311","authorIdStr":"3582854716649311"},"themes":[],"htmlText":"Nice game, keep playing","listText":"Nice game, keep playing","text":"Nice game, keep playing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9946468630","isVote":1,"tweetType":1,"viewCount":444,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9946681467,"gmtCreate":1680941329359,"gmtModify":1680941333594,"author":{"id":"3582854716649311","authorId":"3582854716649311","name":"dadaho","avatar":"https://community-static.tradeup.com/news/a9afc39e556bba29eb8b53826efc2828","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582854716649311","authorIdStr":"3582854716649311"},"themes":[],"htmlText":"Good game great prizes","listText":"Good game great prizes","text":"Good game great prizes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9946681467","isVote":1,"tweetType":1,"viewCount":404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943918839,"gmtCreate":1679033319421,"gmtModify":1679033323054,"author":{"id":"3582854716649311","authorId":"3582854716649311","name":"dadaho","avatar":"https://community-static.tradeup.com/news/a9afc39e556bba29eb8b53826efc2828","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582854716649311","authorIdStr":"3582854716649311"},"themes":[],"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943918839","repostId":"9943913496","repostType":1,"repost":{"id":9943913496,"gmtCreate":1679032123215,"gmtModify":1679032717557,"author":{"id":"3527667628464496","authorId":"3527667628464496","name":"Tiger_Newspress","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667628464496","authorIdStr":"3527667628464496"},"themes":[],"title":"Option Movers｜First Republic Bank Had 70% Put Options And Volume Surged 200%; Microsoft And Nvidia’s Volume Rose 50%","htmlText":"Market OverviewA strong rebound by financials helped Wall Street's main indexes close firmly positive on Thursday after some of the country's largest lenders came to the rescue of embattled First Republic Bank.The Dow Jones Industrial Average rose 1.17%, the S&amp;P 500 gained 1.76%, and the Nasdaq Composite added 2.48%.Regarding the options market, a total volume of&nbsp;48,139,686 contracts was traded&nbsp;on&nbsp;Thursday,&nbsp;down&nbsp;3.06%&nbsp;from the previous trading day.Top 10 Option VolumesTop 10:&nbsp;SPY, QQQ,TSLA, IWM, AMZN, NVDA, AAPL, AMD, VIX, METAOptions related to equity index ETFs are popular with investors, with 11.08&nbsp;million&nbsp;<a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$</a>&nbsp;and&nbsp;4.39&nbsp;million&nbsp;","listText":"Market OverviewA strong rebound by financials helped Wall Street's main indexes close firmly positive on Thursday after some of the country's largest lenders came to the rescue of embattled First Republic Bank.The Dow Jones Industrial Average rose 1.17%, the S&amp;P 500 gained 1.76%, and the Nasdaq Composite added 2.48%.Regarding the options market, a total volume of&nbsp;48,139,686 contracts was traded&nbsp;on&nbsp;Thursday,&nbsp;down&nbsp;3.06%&nbsp;from the previous trading day.Top 10 Option VolumesTop 10:&nbsp;SPY, QQQ,TSLA, IWM, AMZN, NVDA, AAPL, AMD, VIX, METAOptions related to equity index ETFs are popular with investors, with 11.08&nbsp;million&nbsp;<a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$</a>&nbsp;and&nbsp;4.39&nbsp;million&nbsp;","text":"Market OverviewA strong rebound by financials helped Wall Street's main indexes close firmly positive on Thursday after some of the country's largest lenders came to the rescue of embattled First Republic Bank.The Dow Jones Industrial Average rose 1.17%, the S&P 500 gained 1.76%, and the Nasdaq Composite added 2.48%.Regarding the options market, a total volume of 48,139,686 contracts was traded on Thursday, down 3.06% from the previous trading day.Top 10 Option VolumesTop 10: SPY, QQQ,TSLA, IWM, AMZN, NVDA, AAPL, AMD, VIX, METAOptions related to equity index ETFs are popular with investors, with 11.08 million $SPDR S&P 500 ETF Trust(SPY)$ and 4.39 million","images":[{"img":"https://community-static.tradeup.com/news/edef8a0a42e549f4c943062605538a7a","width":"-1","height":"-1"},{"img":"https://community-static.tradeup.com/news/54146e9144d7cbc9a93b716cf706196c","width":"-1","height":"-1"},{"img":"https://community-static.tradeup.com/news/85f984a1dac1ecaa3dcead0b65df1d73","width":"-1","height":"-1"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943913496","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":6,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":504,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957406578,"gmtCreate":1677464612795,"gmtModify":1677464616501,"author":{"id":"3582854716649311","authorId":"3582854716649311","name":"dadaho","avatar":"https://community-static.tradeup.com/news/a9afc39e556bba29eb8b53826efc2828","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582854716649311","authorIdStr":"3582854716649311"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957406578","repostId":"624662887","repostType":1,"repost":{"id":624662887,"gmtCreate":1677421604000,"gmtModify":1677463260495,"author":{"id":"4103332230805300","authorId":"4103332230805300","name":"Smartkarma","avatar":"https://community-static.tradeup.com/news/39fffba2ff205c2730b5bf07e3de6647","crmLevel":0,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4103332230805300","authorIdStr":"4103332230805300"},"themes":[],"title":"Halcyon Agri (HACL SP): Offer Document Out, Offer Closes 24 March","htmlText":"⬆ $Halcyon Agri(5VJ.SI)$ - The MGO has a 50%+ minimum acceptance condition which requires around 40% of minorities' acceptance rate. We think that this is achievable as the offer is attractive. Continue reading on Smartkarma:? https://www.smartkarma.com/insights/halcyon-agri-hacl-sp-offer-document-out-offer-closes-24-march?utm_source=tiger_community By Arun George, Insight Provider on Smartkarma:? https://www.smartkarma.com/profiles/arun-george?utm_source=tiger_community On Halcyon Agri5VJ.SI):? https://www.smartkarma.com/entities/halcyon-agri-corp-ltd?utm_source=tiger_community","listText":"⬆ $Halcyon Agri(5VJ.SI)$ - The MGO has a 50%+ minimum acceptance condition which requires around 40% of minorities' acceptance rate. We think that this is achievable as the offer is attractive. Continue reading on Smartkarma:? https://www.smartkarma.com/insights/halcyon-agri-hacl-sp-offer-document-out-offer-closes-24-march?utm_source=tiger_community By Arun George, Insight Provider on Smartkarma:? https://www.smartkarma.com/profiles/arun-george?utm_source=tiger_community On Halcyon Agri5VJ.SI):? https://www.smartkarma.com/entities/halcyon-agri-corp-ltd?utm_source=tiger_community","text":"⬆ $Halcyon Agri(5VJ.SI)$ - The MGO has a 50%+ minimum acceptance condition which requires around 40% of minorities' acceptance rate. We think that this is achievable as the offer is attractive. Continue reading on Smartkarma:? https://www.smartkarma.com/insights/halcyon-agri-hacl-sp-offer-document-out-offer-closes-24-march?utm_source=tiger_community By Arun George, Insight Provider on Smartkarma:? https://www.smartkarma.com/profiles/arun-george?utm_source=tiger_community On Halcyon Agri5VJ.SI):? https://www.smartkarma.com/entities/halcyon-agri-corp-ltd?utm_source=tiger_community","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/624662887","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":406,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9950910361,"gmtCreate":1672635287054,"gmtModify":1676538714376,"author":{"id":"3582854716649311","authorId":"3582854716649311","name":"dadaho","avatar":"https://community-static.tradeup.com/news/a9afc39e556bba29eb8b53826efc2828","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582854716649311","authorIdStr":"3582854716649311"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/Y92.SI\">$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$&nbsp;</a><v-v 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trend"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9919393280,"gmtCreate":1663725776440,"gmtModify":1676537324069,"author":{"id":"3582854716649311","authorId":"3582854716649311","name":"dadaho","avatar":"https://community-static.tradeup.com/news/a9afc39e556bba29eb8b53826efc2828","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582854716649311","authorIdStr":"3582854716649311"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9919393280","repostId":"1157331684","repostType":4,"repost":{"id":"1157331684","pubTimestamp":1663717564,"share":"https://ttm.financial/m/news/1157331684?lang=&edition=fundamental","pubTime":"2022-09-21 07:46","market":"us","language":"en","title":"Wall Street Traders Gorge on Short-Term Stock Options as Fed Day Looms","url":"https://stock-news.laohu8.com/highlight/detail?id=1157331684","media":"Bloomberg","summary":"Trading volume spikes in SPY contracts maturing within a weekFocus turned to short term as market st","content":"<html><head></head><body><ul><li>Trading volume spikes in SPY contracts maturing within a week</li><li>Focus turned to short term as market stuck in range trading</li></ul><p>Betting on Federal Reserve-spurred market fireworks, but lack conviction on where stocks are headed in the months ahead as news bombs hit the tape? You’re far from alone.</p><p>Stocks retreated Tuesday, with the S&amp;P 500 sinking more than 1% on the eve of the Federal Open Market Committee decision. Wild daily market moves have been so common of late that options traders are loading up on short-term bets at a pace unseen in the post-lockdown era.</p><p>Over the past month, the average daily volume in derivatives contracts linked to the biggest ETF tracking the S&amp;P 500 (ticker SPY) with a maturity within one week spiked to the highest level since at least the start of 2020, data complied by Susquehanna International Group. By contrast, trading in long-dated contracts mostly slowed or stagnated.</p><p>Whether they’re directional wagers or intended as a hedge, it’s hard to tell. But the intense focus on the here and now may reflect a lack of conviction to trade options with longer maturities at a time when the market is stuck in a range. Add on top all the market-moving developments such as last week’s shocking inflation data, and it’s a recipe for traders to shorten their time horizon.</p><p>“There is clearly an enhanced focus on macro events like CPI and the FOMC,” said Chris Murphy, co-head of derivatives strategy at Susquehanna. “Macro events are driving markets and narratives appear to be turning on a dime. In this kind of an environment, it might make sense to use near-term options to express opinions.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c7ab5ab34a7a36f3393fa2ee712c60df\" tg-width=\"1000\" tg-height=\"630\" referrerpolicy=\"no-referrer\"/><span>Source: Susquehanna Source: Susquehanna</span></p><p>To stock investors, the cluster of near-dated options means the cash market is more likely held hostage to the derivatives market. While a controversial narrative, Friday’s $3.2 trillion options expiration, for instance, was viewed in some circles as one catalyst worsening the equity selloff that’s sparked by the hotter-than-expected reading on the consumer price index.</p><p>This year has been a dangerous one for bulls and even bears with all the twists and turns. While the Fed is expected to raise interest rates by another 75 basis points Wednesday, any damage from monetary tightening has yet to show up in broad corporate earnings. Buffeted by conflicting narratives, stock moves have made market timing all but impossible.</p><p>One standout constant, however, is the market’s propensity to swing wildly around key economic data or policy events. Take Fed day, for instance. The S&amp;P 500 has moved an average 1.9% this year on the day when the central bank announced its policy decision. That’s about double an average for all Fed days in the previous three years.</p><p>Right now, the benchmark index was implied to move about 2% Wednesday, based on an at-the-money straddle strategy that buys an equal number of calls and puts with the same strike price and expiration date.</p><p>Forecasting 2022’s market has been a futile exercise for even professional prognosticators. While many strategists were forced to cut their year-end targets during the S&amp;P 500’s worst first half in five decades, the index has since largely been trapped in a range between 3,600 and 4,300.</p><p>With uncertainty lingering over the Fed’s monetary policy and its impact on the economy, strategists tracked by Bloomberg have shown divergent views on the stock market on a scale rarely seen in history.</p><p>While the long-term outlook remains murky, equities have become a one big trade where the obsession with economic data or Fed speech overwhelms company fundamentals. That backdrop, along with relatively inexpensive options, has contributed to the frenzy of bets on what’s coming in the days ahead, according to Brian Donlin, an equity derivatives strategist at Stifel Nicolaus &amp; Co.</p><p>“Option premiums are cheap relative to the moves we are seeing,” he said. “And we have clear consistent macro data points as catalysts more than ever.”</p></body></html>","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>Wall Street Traders Gorge on Short-Term Stock Options as Fed Day Looms</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\">\nWall Street Traders Gorge on Short-Term Stock Options as Fed Day Looms\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-21 07:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-09-20/wall-street-traders-gorge-on-short-term-options-as-fed-day-looms?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Trading volume spikes in SPY contracts maturing within a weekFocus turned to short term as market stuck in range tradingBetting on Federal Reserve-spurred market fireworks, but lack conviction on ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-09-20/wall-street-traders-gorge-on-short-term-options-as-fed-day-looms?srnd=markets-vp\">Web 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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-09-20/wall-street-traders-gorge-on-short-term-options-as-fed-day-looms?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157331684","content_text":"Trading volume spikes in SPY contracts maturing within a weekFocus turned to short term as market stuck in range tradingBetting on Federal Reserve-spurred market fireworks, but lack conviction on where stocks are headed in the months ahead as news bombs hit the tape? You’re far from alone.Stocks retreated Tuesday, with the S&P 500 sinking more than 1% on the eve of the Federal Open Market Committee decision. Wild daily market moves have been so common of late that options traders are loading up on short-term bets at a pace unseen in the post-lockdown era.Over the past month, the average daily volume in derivatives contracts linked to the biggest ETF tracking the S&P 500 (ticker SPY) with a maturity within one week spiked to the highest level since at least the start of 2020, data complied by Susquehanna International Group. By contrast, trading in long-dated contracts mostly slowed or stagnated.Whether they’re directional wagers or intended as a hedge, it’s hard to tell. But the intense focus on the here and now may reflect a lack of conviction to trade options with longer maturities at a time when the market is stuck in a range. Add on top all the market-moving developments such as last week’s shocking inflation data, and it’s a recipe for traders to shorten their time horizon.“There is clearly an enhanced focus on macro events like CPI and the FOMC,” said Chris Murphy, co-head of derivatives strategy at Susquehanna. “Macro events are driving markets and narratives appear to be turning on a dime. In this kind of an environment, it might make sense to use near-term options to express opinions.”Source: Susquehanna Source: SusquehannaTo stock investors, the cluster of near-dated options means the cash market is more likely held hostage to the derivatives market. While a controversial narrative, Friday’s $3.2 trillion options expiration, for instance, was viewed in some circles as one catalyst worsening the equity selloff that’s sparked by the hotter-than-expected reading on the consumer price index.This year has been a dangerous one for bulls and even bears with all the twists and turns. While the Fed is expected to raise interest rates by another 75 basis points Wednesday, any damage from monetary tightening has yet to show up in broad corporate earnings. Buffeted by conflicting narratives, stock moves have made market timing all but impossible.One standout constant, however, is the market’s propensity to swing wildly around key economic data or policy events. Take Fed day, for instance. The S&P 500 has moved an average 1.9% this year on the day when the central bank announced its policy decision. That’s about double an average for all Fed days in the previous three years.Right now, the benchmark index was implied to move about 2% Wednesday, based on an at-the-money straddle strategy that buys an equal number of calls and puts with the same strike price and expiration date.Forecasting 2022’s market has been a futile exercise for even professional prognosticators. While many strategists were forced to cut their year-end targets during the S&P 500’s worst first half in five decades, the index has since largely been trapped in a range between 3,600 and 4,300.With uncertainty lingering over the Fed’s monetary policy and its impact on the economy, strategists tracked by Bloomberg have shown divergent views on the stock market on a scale rarely seen in history.While the long-term outlook remains murky, equities have become a one big trade where the obsession with economic data or Fed speech overwhelms company fundamentals. That backdrop, along with relatively inexpensive options, has contributed to the frenzy of bets on what’s coming in the days ahead, according to Brian Donlin, an equity derivatives strategist at Stifel Nicolaus & Co.“Option premiums are cheap relative to the moves we are seeing,” he said. “And we have clear consistent macro data points as catalysts more than ever.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9051345098,"gmtCreate":1654648062814,"gmtModify":1676535484302,"author":{"id":"3582854716649311","authorId":"3582854716649311","name":"dadaho","avatar":"https://community-static.tradeup.com/news/a9afc39e556bba29eb8b53826efc2828","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582854716649311","authorIdStr":"3582854716649311"},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9051345098","repostId":"2241388884","repostType":4,"repost":{"id":"2241388884","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1654643153,"share":"https://ttm.financial/m/news/2241388884?lang=&edition=fundamental","pubTime":"2022-06-08 07:05","market":"us","language":"en","title":"US STOCKS-Wall St Jumps with Tech, Energy; Target News Weighs on Retailers","url":"https://stock-news.laohu8.com/highlight/detail?id=2241388884","media":"Reuters","summary":"* Target's margin cut hits some retail stocks* Kohl's climbs on sale talks with Franchise Group* Ind","content":"<html><head></head><body><p>* Target&#39;s margin cut hits some retail stocks</p><p>* Kohl&#39;s climbs on sale talks with Franchise Group</p><p>* Indexes: Dow up 0.8%, S&amp;P 500 up 1%, Nasdaq up 0.9%</p><p>NEW YORK, June 7 (Reuters) - U.S. stocks rallied late on Tuesday to end higher for a second straight day as technology and energy shares gained, while Target Corp&#39;s warning about excess inventory weighed on retail stocks for much of the session.</p><p>Apple Inc    shares climbed 1.8% despite news earlier in the day that the company must change the connector on iPhones sold in Europe by 2024 after EU countries and lawmakers agreed to a single charging port for mobile phones, tablets and cameras.</p><p>The S&amp;P 500 technology index  rose 1% and gave the benchmark index its biggest boost. Microsoft Corp    shares added 1.4%.</p><p>The S&amp;P 500 energy sector index  jumped 3.1% to end at its highest level since 2014, with oil prices sharply higher.</p><p>At the same time, shares of Target Corp    fell 2.3% after the retailer said it would have to offer deeper discounts and cut back on stocking discretionary items.</p><p>Equity trading was choppy, with indexes down early in the day, but the market has been recovering from recent steep losses.</p><p>Recently, &#34;we&#39;ve had a nice bounce ... and in general investors are feeling better right now. But we are very much in a seesaw market as we&#39;ve seen all year,&#34; said Tim Ghriskey, senior portfolio strategist at Ingalls &amp; Snyder in New York.</p><p>&#34;At some point, we will put in a bottom, and the market will move higher. We have a hard time believing that&#39;s any time soon, given a number of fundamental issues overhanging the market,&#34; he said. &#34;Certainly what we&#39;ve seen today from Target isn&#39;t good news in terms of the consumer.&#34;</p><p>Long-dated U.S. Treasury yields tumbled after the Target news, however, as it fueled some speculation that the worst of inflation may be in the past.</p><p>The Dow Jones Industrial Average    rose 264.36 points, or 0.8%, to 33,180.14, the S&amp;P 500    gained 39.25 points, or 0.95%, to 4,160.68 and the Nasdaq Composite    added 113.86 points, or 0.94%, to 12,175.23.</p><p>Shares of Walmart    fell 1.2%, and the S&amp;P retail index  was down 1%.</p><p>Consumer price data on Friday is expected to show that inflation remained elevated in May, though core consumer prices, which exclude the volatile food and energy sectors, likely ticked down on an annual basis.</p><p>Not all retailers were in the red. Kohl&#39;s Corp    shares jumped 9.5% after news the department store chain entered exclusive talks with retail store operator <a href=\"https://laohu8.com/S/FRG\">Franchise Group Inc</a> over a potential sale that would value it at nearly $8 billion.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.36-to-1 ratio; on Nasdaq, a 1.69-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 3 new 52-week highs and 30 new lows; the Nasdaq Composite recorded 35 new highs and 121 new lows.</p><p>Volume on U.S. exchanges was 10.38 billion shares, compared with the 12.50 billion average for the full session over the last 20 trading days.</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>US STOCKS-Wall St Jumps with Tech, Energy; Target News Weighs on Retailers</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\">\nUS STOCKS-Wall St Jumps with Tech, Energy; Target News Weighs on Retailers\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-06-08 07:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Target&#39;s margin cut hits some retail stocks</p><p>* Kohl&#39;s climbs on sale talks with Franchise Group</p><p>* Indexes: Dow up 0.8%, S&amp;P 500 up 1%, Nasdaq up 0.9%</p><p>NEW YORK, June 7 (Reuters) - U.S. stocks rallied late on Tuesday to end higher for a second straight day as technology and energy shares gained, while Target Corp&#39;s warning about excess inventory weighed on retail stocks for much of the session.</p><p>Apple Inc    shares climbed 1.8% despite news earlier in the day that the company must change the connector on iPhones sold in Europe by 2024 after EU countries and lawmakers agreed to a single charging port for mobile phones, tablets and cameras.</p><p>The S&amp;P 500 technology index  rose 1% and gave the benchmark index its biggest boost. Microsoft Corp    shares added 1.4%.</p><p>The S&amp;P 500 energy sector index  jumped 3.1% to end at its highest level since 2014, with oil prices sharply higher.</p><p>At the same time, shares of Target Corp    fell 2.3% after the retailer said it would have to offer deeper discounts and cut back on stocking discretionary items.</p><p>Equity trading was choppy, with indexes down early in the day, but the market has been recovering from recent steep losses.</p><p>Recently, &#34;we&#39;ve had a nice bounce ... and in general investors are feeling better right now. But we are very much in a seesaw market as we&#39;ve seen all year,&#34; said Tim Ghriskey, senior portfolio strategist at Ingalls &amp; Snyder in New York.</p><p>&#34;At some point, we will put in a bottom, and the market will move higher. We have a hard time believing that&#39;s any time soon, given a number of fundamental issues overhanging the market,&#34; he said. &#34;Certainly what we&#39;ve seen today from Target isn&#39;t good news in terms of the consumer.&#34;</p><p>Long-dated U.S. Treasury yields tumbled after the Target news, however, as it fueled some speculation that the worst of inflation may be in the past.</p><p>The Dow Jones Industrial Average    rose 264.36 points, or 0.8%, to 33,180.14, the S&amp;P 500    gained 39.25 points, or 0.95%, to 4,160.68 and the Nasdaq Composite    added 113.86 points, or 0.94%, to 12,175.23.</p><p>Shares of Walmart    fell 1.2%, and the S&amp;P retail index  was down 1%.</p><p>Consumer price data on Friday is expected to show that inflation remained elevated in May, though core consumer prices, which exclude the volatile food and energy sectors, likely ticked down on an annual basis.</p><p>Not all retailers were in the red. Kohl&#39;s Corp    shares jumped 9.5% after news the department store chain entered exclusive talks with retail store operator <a href=\"https://laohu8.com/S/FRG\">Franchise Group Inc</a> over a potential sale that would value it at nearly $8 billion.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.36-to-1 ratio; on Nasdaq, a 1.69-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 3 new 52-week highs and 30 new lows; the Nasdaq Composite recorded 35 new highs and 121 new lows.</p><p>Volume on U.S. exchanges was 10.38 billion shares, compared with the 12.50 billion average for the full session over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4504":"桥水持仓","BK4533":"AQR资本管理(全球第二大对冲基金)",".SPX":"S&P 500 Index","BK4532":"文艺复兴科技持仓","MSFT":"微软","BK4114":"综合货品商店","TGT":"塔吉特",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2241388884","content_text":"* Target's margin cut hits some retail stocks* Kohl's climbs on sale talks with Franchise Group* Indexes: Dow up 0.8%, S&P 500 up 1%, Nasdaq up 0.9%NEW YORK, June 7 (Reuters) - U.S. stocks rallied late on Tuesday to end higher for a second straight day as technology and energy shares gained, while Target Corp's warning about excess inventory weighed on retail stocks for much of the session.Apple Inc    shares climbed 1.8% despite news earlier in the day that the company must change the connector on iPhones sold in Europe by 2024 after EU countries and lawmakers agreed to a single charging port for mobile phones, tablets and cameras.The S&P 500 technology index  rose 1% and gave the benchmark index its biggest boost. Microsoft Corp    shares added 1.4%.The S&P 500 energy sector index  jumped 3.1% to end at its highest level since 2014, with oil prices sharply higher.At the same time, shares of Target Corp    fell 2.3% after the retailer said it would have to offer deeper discounts and cut back on stocking discretionary items.Equity trading was choppy, with indexes down early in the day, but the market has been recovering from recent steep losses.Recently, \"we've had a nice bounce ... and in general investors are feeling better right now. But we are very much in a seesaw market as we've seen all year,\" said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York.\"At some point, we will put in a bottom, and the market will move higher. We have a hard time believing that's any time soon, given a number of fundamental issues overhanging the market,\" he said. \"Certainly what we've seen today from Target isn't good news in terms of the consumer.\"Long-dated U.S. Treasury yields tumbled after the Target news, however, as it fueled some speculation that the worst of inflation may be in the past.The Dow Jones Industrial Average    rose 264.36 points, or 0.8%, to 33,180.14, the S&P 500    gained 39.25 points, or 0.95%, to 4,160.68 and the Nasdaq Composite    added 113.86 points, or 0.94%, to 12,175.23.Shares of Walmart    fell 1.2%, and the S&P retail index  was down 1%.Consumer price data on Friday is expected to show that inflation remained elevated in May, though core consumer prices, which exclude the volatile food and energy sectors, likely ticked down on an annual basis.Not all retailers were in the red. Kohl's Corp    shares jumped 9.5% after news the department store chain entered exclusive talks with retail store operator Franchise Group Inc over a potential sale that would value it at nearly $8 billion.Advancing issues outnumbered declining ones on the NYSE by a 2.36-to-1 ratio; on Nasdaq, a 1.69-to-1 ratio favored advancers.The S&P 500 posted 3 new 52-week highs and 30 new lows; the Nasdaq Composite recorded 35 new highs and 121 new lows.Volume on U.S. exchanges was 10.38 billion shares, compared with the 12.50 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":16,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9905389271,"gmtCreate":1659830603495,"gmtModify":1703766765315,"author":{"id":"3582854716649311","authorId":"3582854716649311","name":"dadaho","avatar":"https://community-static.tradeup.com/news/a9afc39e556bba29eb8b53826efc2828","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582854716649311","authorIdStr":"3582854716649311"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/S51.SI\">$SEMBCORP MARINE LTD(S51.SI)$</a>buy","listText":"<a href=\"https://ttm.financial/S/S51.SI\">$SEMBCORP MARINE LTD(S51.SI)$</a>buy","text":"$SEMBCORP MARINE LTD(S51.SI)$buy","images":[{"img":"https://community-static.tradeup.com/news/9066b6e1559dea9ff264fdf1568d8845","width":"1080","height":"1839"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9905389271","isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9081926193,"gmtCreate":1650183447847,"gmtModify":1676534665232,"author":{"id":"3582854716649311","authorId":"3582854716649311","name":"dadaho","avatar":"https://community-static.tradeup.com/news/a9afc39e556bba29eb8b53826efc2828","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582854716649311","authorIdStr":"3582854716649311"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/579.SI\">$OCEANUS GROUP LIMITED(579.SI)$</a>buy","listText":"<a href=\"https://ttm.financial/S/579.SI\">$OCEANUS GROUP LIMITED(579.SI)$</a>buy","text":"$OCEANUS GROUP LIMITED(579.SI)$buy","images":[{"img":"https://community-static.tradeup.com/news/59660dc4bc4c5a47a67df78c04d3d35f","width":"1080","height":"3281"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9081926193","isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9928847927,"gmtCreate":1671246906970,"gmtModify":1676538515311,"author":{"id":"3582854716649311","authorId":"3582854716649311","name":"dadaho","avatar":"https://community-static.tradeup.com/news/a9afc39e556bba29eb8b53826efc2828","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582854716649311","authorIdStr":"3582854716649311"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/Y92.SI\">$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>BullishBullishBullishadd","listText":"<a href=\"https://ttm.financial/S/Y92.SI\">$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>BullishBullishBullishadd","text":"$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$ BullishBullishBullishadd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9928847927","isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9022079441,"gmtCreate":1653447821483,"gmtModify":1676535284549,"author":{"id":"3582854716649311","authorId":"3582854716649311","name":"dadaho","avatar":"https://community-static.tradeup.com/news/a9afc39e556bba29eb8b53826efc2828","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582854716649311","authorIdStr":"3582854716649311"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022079441","repostId":"2238309639","repostType":2,"repost":{"id":"2238309639","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1653431166,"share":"https://ttm.financial/m/news/2238309639?lang=&edition=fundamental","pubTime":"2022-05-25 06:26","market":"us","language":"en","title":"US STOCKS-S&P 500, Nasdaq Slide As Weak Economic Data, Dire Outlooks Stoke Recession Fears","url":"https://stock-news.laohu8.com/highlight/detail?id=2238309639","media":"Reuters","summary":"Snap Inc tumbles, profit fears hit rival social media companiesAbercrombie & Fitch slumps after lowering revenue outlookIndexes: Dow up 0.15%, S&P down 0.81%, Nasdaq slides 2.35%(Reuters) - The S&P 50","content":"<html><head></head><body><ul><li>Snap Inc tumbles, profit fears hit rival social media companies</li><li>Abercrombie &amp; Fitch slumps after lowering revenue outlook</li><li>Indexes: Dow up 0.15%, S&amp;P down 0.81%, Nasdaq slides 2.35%</li></ul><p>(Reuters) - The S&amp;P 500 and the Nasdaq finished in the red on Tuesday as worries that aggressive moves to curb decades-high inflation might tip the U.S. economy into recession dampened investors&#39; risk appetite.</p><p>All three major U.S. stock indexes pared their losses in afternoon trading, with the blue-chip Dow turning positive. Even so, the S&amp;P 500 ended just 2.2 percentage points above confirming it has been in a bear market since reaching its all-time high on Jan. 3.</p><p>&#34;As we step back and acknowledge the primary market catalysts, it’s really been about the Fed pivot and the change in interest rates, which have influenced prices across the capital markets,&#34; said Bill Northey, senior investment director at U.S. Bank Wealth Management in Helena, Montana.</p><p>&#34;In the last two weeks, we’ve seen some degree of macroeconomic deterioration starting to be manifested in corporate earnings and economic releases.&#34;</p><p>Much of the sell-off was driven by a profit warning from Snap Inc , which sent the company&#39;s shares plummeting 43.1%, sparking contagion throughout the social media segment.</p><p><a href=\"https://laohu8.com/S/FB\">Meta Platforms Inc</a>, <a href=\"https://laohu8.com/S/GOOGL\">Alphabet Inc</a>, <a href=\"https://laohu8.com/S/TWTR\">Twitter Inc</a> and <a href=\"https://laohu8.com/S/PINS\">Pinterest Inc</a> were down between 5% and 24%, and the broader S&amp;P 500 Communications Services sector (.SPLRCL) slid 3.7%.</p><p>Global supply chain disruptions have been exacerbated by Russia&#39;s war with Ukraine, sending inflation to multi-decade highs.</p><p>The U.S. Federal Reserve has vowed to aggressively tackle persistent price growth by hiking the cost of borrowing, and minutes from its most recent monetary policy meeting, expected on Wednesday, will be parsed by market participants for clues regarding the speed and extent of those actions.</p><p>Investors currently expect a series of 50-basis-point rate hikes over the next several months, fueling fears that the central bank could push the economy into recession, a scenario that is increasingly being baked into analyst projections.</p><p>&#34;Tomorrow we look to the FOMC minutes for any signs that the approach to monetary policy may lean further hawkish or dovish than was laid out at the last meeting,&#34; U.S. Bank Wealth Management&#39;s Northey said.</p><p>Data released on Tuesday painted a picture of waning economic momentum, with new home sales plunging and business activity decelerating.</p><p>Fed Chair Jerome Powell&#39;s counterpart in Frankfurt, European Central Bank President Christine Lagarde, said she expects the ECB deposit rate to be raised at least 50 basis points by the end of September.</p><p>The Dow Jones Industrial Average (.DJI) rose 48.38 points, or 0.15%, to 31,928.62; the S&amp;P 500 (.SPX) lost 32.27 points, or 0.81%, to 3,941.48; and the Nasdaq Composite (.IXIC) dropped 270.83 points, or 2.35%, to 11,264.45.</p><p>Six of the 11 major sectors of the S&amp;P 500 ended the session in negative territory, with communication services and consumer discretionary (.SPLRCD) suffering the biggest percentage losses.</p><p>Apparel retailer <a href=\"https://laohu8.com/S/ANF\">Abercrombie &amp; Fitch Co</a> tumbled 28.6% after posting a surprise quarterly loss and cutting its annual sales and margins outlook.</p><p>Work-from-home darling <a href=\"https://laohu8.com/S/ZM\">Zoom Video Communications Inc</a> jumped 5.6% following its full-year profit hike due to solid enterprise demand.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.28-to-1 ratio; on Nasdaq, a 2.37-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted three new 52-week highs and 40 new lows; the Nasdaq Composite recorded 17 new highs and 443 new lows.</p><p>Volume on U.S. exchanges was 11.78 billion shares, compared with the 13.33 billion average over the last 20 trading days.</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>US STOCKS-S&P 500, Nasdaq Slide As Weak Economic Data, Dire Outlooks Stoke Recession Fears</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\">\nUS STOCKS-S&P 500, Nasdaq Slide As Weak Economic Data, Dire Outlooks Stoke Recession Fears\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-05-25 06:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Snap Inc tumbles, profit fears hit rival social media companies</li><li>Abercrombie &amp; Fitch slumps after lowering revenue outlook</li><li>Indexes: Dow up 0.15%, S&amp;P down 0.81%, Nasdaq slides 2.35%</li></ul><p>(Reuters) - The S&amp;P 500 and the Nasdaq finished in the red on Tuesday as worries that aggressive moves to curb decades-high inflation might tip the U.S. economy into recession dampened investors&#39; risk appetite.</p><p>All three major U.S. stock indexes pared their losses in afternoon trading, with the blue-chip Dow turning positive. Even so, the S&amp;P 500 ended just 2.2 percentage points above confirming it has been in a bear market since reaching its all-time high on Jan. 3.</p><p>&#34;As we step back and acknowledge the primary market catalysts, it’s really been about the Fed pivot and the change in interest rates, which have influenced prices across the capital markets,&#34; said Bill Northey, senior investment director at U.S. Bank Wealth Management in Helena, Montana.</p><p>&#34;In the last two weeks, we’ve seen some degree of macroeconomic deterioration starting to be manifested in corporate earnings and economic releases.&#34;</p><p>Much of the sell-off was driven by a profit warning from Snap Inc , which sent the company&#39;s shares plummeting 43.1%, sparking contagion throughout the social media segment.</p><p><a href=\"https://laohu8.com/S/FB\">Meta Platforms Inc</a>, <a href=\"https://laohu8.com/S/GOOGL\">Alphabet Inc</a>, <a href=\"https://laohu8.com/S/TWTR\">Twitter Inc</a> and <a href=\"https://laohu8.com/S/PINS\">Pinterest Inc</a> were down between 5% and 24%, and the broader S&amp;P 500 Communications Services sector (.SPLRCL) slid 3.7%.</p><p>Global supply chain disruptions have been exacerbated by Russia&#39;s war with Ukraine, sending inflation to multi-decade highs.</p><p>The U.S. Federal Reserve has vowed to aggressively tackle persistent price growth by hiking the cost of borrowing, and minutes from its most recent monetary policy meeting, expected on Wednesday, will be parsed by market participants for clues regarding the speed and extent of those actions.</p><p>Investors currently expect a series of 50-basis-point rate hikes over the next several months, fueling fears that the central bank could push the economy into recession, a scenario that is increasingly being baked into analyst projections.</p><p>&#34;Tomorrow we look to the FOMC minutes for any signs that the approach to monetary policy may lean further hawkish or dovish than was laid out at the last meeting,&#34; U.S. Bank Wealth Management&#39;s Northey said.</p><p>Data released on Tuesday painted a picture of waning economic momentum, with new home sales plunging and business activity decelerating.</p><p>Fed Chair Jerome Powell&#39;s counterpart in Frankfurt, European Central Bank President Christine Lagarde, said she expects the ECB deposit rate to be raised at least 50 basis points by the end of September.</p><p>The Dow Jones Industrial Average (.DJI) rose 48.38 points, or 0.15%, to 31,928.62; the S&amp;P 500 (.SPX) lost 32.27 points, or 0.81%, to 3,941.48; and the Nasdaq Composite (.IXIC) dropped 270.83 points, or 2.35%, to 11,264.45.</p><p>Six of the 11 major sectors of the S&amp;P 500 ended the session in negative territory, with communication services and consumer discretionary (.SPLRCD) suffering the biggest percentage losses.</p><p>Apparel retailer <a href=\"https://laohu8.com/S/ANF\">Abercrombie &amp; Fitch Co</a> tumbled 28.6% after posting a surprise quarterly loss and cutting its annual sales and margins outlook.</p><p>Work-from-home darling <a href=\"https://laohu8.com/S/ZM\">Zoom Video Communications Inc</a> jumped 5.6% following its full-year profit hike due to solid enterprise demand.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.28-to-1 ratio; on Nasdaq, a 2.37-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted three new 52-week highs and 40 new lows; the Nasdaq Composite recorded 17 new highs and 443 new lows.</p><p>Volume on U.S. exchanges was 11.78 billion shares, compared with the 13.33 billion average over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2238309639","content_text":"Snap Inc tumbles, profit fears hit rival social media companiesAbercrombie & Fitch slumps after lowering revenue outlookIndexes: Dow up 0.15%, S&P down 0.81%, Nasdaq slides 2.35%(Reuters) - The S&P 500 and the Nasdaq finished in the red on Tuesday as worries that aggressive moves to curb decades-high inflation might tip the U.S. economy into recession dampened investors' risk appetite.All three major U.S. stock indexes pared their losses in afternoon trading, with the blue-chip Dow turning positive. Even so, the S&P 500 ended just 2.2 percentage points above confirming it has been in a bear market since reaching its all-time high on Jan. 3.\"As we step back and acknowledge the primary market catalysts, it’s really been about the Fed pivot and the change in interest rates, which have influenced prices across the capital markets,\" said Bill Northey, senior investment director at U.S. Bank Wealth Management in Helena, Montana.\"In the last two weeks, we’ve seen some degree of macroeconomic deterioration starting to be manifested in corporate earnings and economic releases.\"Much of the sell-off was driven by a profit warning from Snap Inc , which sent the company's shares plummeting 43.1%, sparking contagion throughout the social media segment.Meta Platforms Inc, Alphabet Inc, Twitter Inc and Pinterest Inc were down between 5% and 24%, and the broader S&P 500 Communications Services sector (.SPLRCL) slid 3.7%.Global supply chain disruptions have been exacerbated by Russia's war with Ukraine, sending inflation to multi-decade highs.The U.S. Federal Reserve has vowed to aggressively tackle persistent price growth by hiking the cost of borrowing, and minutes from its most recent monetary policy meeting, expected on Wednesday, will be parsed by market participants for clues regarding the speed and extent of those actions.Investors currently expect a series of 50-basis-point rate hikes over the next several months, fueling fears that the central bank could push the economy into recession, a scenario that is increasingly being baked into analyst projections.\"Tomorrow we look to the FOMC minutes for any signs that the approach to monetary policy may lean further hawkish or dovish than was laid out at the last meeting,\" U.S. Bank Wealth Management's Northey said.Data released on Tuesday painted a picture of waning economic momentum, with new home sales plunging and business activity decelerating.Fed Chair Jerome Powell's counterpart in Frankfurt, European Central Bank President Christine Lagarde, said she expects the ECB deposit rate to be raised at least 50 basis points by the end of September.The Dow Jones Industrial Average (.DJI) rose 48.38 points, or 0.15%, to 31,928.62; the S&P 500 (.SPX) lost 32.27 points, or 0.81%, to 3,941.48; and the Nasdaq Composite (.IXIC) dropped 270.83 points, or 2.35%, to 11,264.45.Six of the 11 major sectors of the S&P 500 ended the session in negative territory, with communication services and consumer discretionary (.SPLRCD) suffering the biggest percentage losses.Apparel retailer Abercrombie & Fitch Co tumbled 28.6% after posting a surprise quarterly loss and cutting its annual sales and margins outlook.Work-from-home darling Zoom Video Communications Inc jumped 5.6% following its full-year profit hike due to solid enterprise demand.Declining issues outnumbered advancing ones on the NYSE by a 1.28-to-1 ratio; on Nasdaq, a 2.37-to-1 ratio favored decliners.The S&P 500 posted three new 52-week highs and 40 new lows; the Nasdaq Composite recorded 17 new highs and 443 new lows.Volume on U.S. exchanges was 11.78 billion shares, compared with the 13.33 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":25,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9072812771,"gmtCreate":1658015863393,"gmtModify":1676536092713,"author":{"id":"3582854716649311","authorId":"3582854716649311","name":"dadaho","avatar":"https://community-static.tradeup.com/news/a9afc39e556bba29eb8b53826efc2828","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582854716649311","authorIdStr":"3582854716649311"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/S51.SI\">$SEMBCORP MARINE LTD(S51.SI)$</a>ggoof","listText":"<a href=\"https://ttm.financial/S/S51.SI\">$SEMBCORP MARINE LTD(S51.SI)$</a>ggoof","text":"$SEMBCORP MARINE LTD(S51.SI)$ggoof","images":[{"img":"https://community-static.tradeup.com/news/ea533df257cbbb5fbc874c7d255753f1","width":"1080","height":"2431"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9072812771","isVote":1,"tweetType":1,"viewCount":59,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9062929653,"gmtCreate":1651989406372,"gmtModify":1676535010261,"author":{"id":"3582854716649311","authorId":"3582854716649311","name":"dadaho","avatar":"https://community-static.tradeup.com/news/a9afc39e556bba29eb8b53826efc2828","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582854716649311","authorIdStr":"3582854716649311"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9062929653","repostId":"1131831539","repostType":2,"repost":{"id":"1131831539","pubTimestamp":1651980653,"share":"https://ttm.financial/m/news/1131831539?lang=&edition=fundamental","pubTime":"2022-05-08 11:30","market":"us","language":"en","title":"Tesla: Overvalued By 85.26% And Not A Technology Company","url":"https://stock-news.laohu8.com/highlight/detail?id=1131831539","media":"Seeking Alpha","summary":"SummaryMake no mistake, Tesla is a phenomenal company that has accomplished the unthinkable as it broke through extreme barriers of entry to disrupt the auto industry.Just because Tesla is a successfu","content":"<html><head></head><body><p>Summary</p><ul><li>Make no mistake, Tesla is a phenomenal company that has accomplished the unthinkable as it broke through extreme barriers of entry to disrupt the auto industry.</li><li>Just because Tesla is a successful company that is causing automotive titans to change from combustible engines to EVs doesn&#39;t mean Tesla&#39;s stock is a good investment today.</li><li>100% of gross profit and net income is generated from the automotive sector as Tesla&#39;s other businesses lose money, making them an automobile manufacturing company, not a technology company.</li><li>I compared Tesla&#39;s metrics to the auto industry and big tech and the results are the same, Tesla&#39;s valuation is egregious.</li></ul><p>It&#39;s rare to find companies that have cult-like followings with loyalists willing to pay any price for its stock. The debate regarding Tesla, Inc.&#39;s (NASDAQ:TSLA) valuation continues to be a topic of conversation between the bulls and the bears. Oneside argues that TSLA&#39;s financial growth and future prospects, including FSD, insurance, and robotaxis, justify the current $902.12 billion valuations, while others argue that the current financials and cult-like following have led to a massive overvaluation in TSLA&#39;s stock.</p><p>I tip my hat to Elon Musk, as his accomplishments are second to none. When others called him crazy, Mr. Musk chose one of the hardest industries to compete in, started TSLA from the ground up, went to battle against the auto manufacturers, and succeeded. TSLA is one of the rare success stories that has truly shaped an industry, and the barriers of entry that were overcome are astonishing. TSLA didn&#39;t have the capital, manufacturing, credibility, or the infrastructure that its competitors did, yet they found a way to succeed. If the odds weren&#39;t enough which TSLA faced, they accomplished their goals without a combustible engine and pioneered an entirely new sector within the automotive industry.</p><p>Just because TSLA is a great company, it doesn&#39;t mean TSLA has a great stock, or it isn&#39;t overvalued. I am not bearish on TSLA the company because I believe they still have a long runway of growth ahead of them, but I am bearish on the valuation. Prior to leaving a comment on why I am wrong, please read the article and think about the metrics I am citing; then, I will happily discuss any viewpoints about the analysis.</p><p><b>Tesla Vs. The World In The Automotive Sector</b></p><p>It feels like TSLA vs. the world whenever TSLA is discussed. Discussing who makes a better automobile is a matter of opinion, and everyone is correct because it&#39;s their opinion. If person A thinks TSLA makes the best car and person B thinks Mercedes Benz makes the best car, they are both correct. Debating over this is pointless, so let&#39;s look at the raw numbers.</p><p>TSLA has a larger market cap than the combination ofToyota(TM),Volkswagen(OTCPK:VWAGY),Daimler(OTCPK:DDAIF),BMW(OTCPK:BMWYY),General Motors(GM),Ford(F),Honda(HMC),Ferrari(RACE),Nissan(OTCPK:NSANY),Subaru(OTCPK:FUJHY),Volvo(OTCPK:VOLAF), andMazda(OTCPK:MZDAY). TSLA&#39;s market cap is currently $986.92 billion, while the combination of these 12 companies is $777.41 billion.</p><p><img src=\"https://static.tigerbbs.com/ff930d2442bf282c1bd880cca408eb94\" tg-width=\"640\" tg-height=\"327\" referrerpolicy=\"no-referrer\"/></p><p>Steven Fiorillo</p><p>The P/S ratio is often cited to justify the valuation. The combination of TM, VWAGY, DDAIF, BMWYY, GM, F, HMC, RACE, NSANY, FUJHY, VOLAF, and MZDAY has generated $1.38 trillion in revenue over the TTM, putting their P/S at 0.56, while TSLA has generated $62.19 billion in revenue and has a 15.87 P/S.</p><p><img src=\"https://static.tigerbbs.com/c9b9661fde232925a758c38fd2e93f36\" tg-width=\"640\" tg-height=\"330\" referrerpolicy=\"no-referrer\"/></p><p>Steven Fiorillo, Seeking Alpha</p><p>As a combined entity, these 12 companies have generated $118.29 billion in net income, while TSLA has produced $8.4 billion.</p><p><img src=\"https://static.tigerbbs.com/d25806eb839eb9ca2b4ef3c24218048c\" tg-width=\"640\" tg-height=\"330\" referrerpolicy=\"no-referrer\"/></p><p>Steven Fiorillo, Seeking Alpha</p><p>TSLA is a great company, but its current valuation has become overly inflated. TSLA&#39;s market cap is $209.52 billion larger than these 12 auto manufacturers, yet the combination of the 12 auto manufacturers generates $1.32 trillion more in revenue and $109.89 billion more in net income.</p><p><img src=\"https://static.tigerbbs.com/a1b686de4009ca733ff9651ce0d9fcaf\" tg-width=\"640\" tg-height=\"348\" referrerpolicy=\"no-referrer\"/></p><p>Steven Fiorillo, Seeking Alpha</p><p>Looking at the market caps, one would assume that TSLA has a dominant majority over its competitors in auto sales within the U.S. According to the2021 data, TSLA sold 2.02% of all vehicles in the U.S. TSLA&#39;s market cap reflects a level of dominance that is non-existent.</p><p>Realistically, TSLA will have a hard time disrupting the sector further due to the price point of their vehicles. The reality is that, unless TSLA can sell a car that rivals a Honda or Toyota, doubling its market share is going to be a daunting task. It&#39;s just math. TSLA doesn&#39;t have a product for the masses, and while it may continue to grow in the luxury segment, the amount of growth that can be achieved is limited due to the pricing power of the consumer.</p><p><img src=\"https://static.tigerbbs.com/442ffe151dd83bc524785857925f9797\" tg-width=\"640\" tg-height=\"227\" referrerpolicy=\"no-referrer\"/></p><p>www.goodcarbadcar.net</p><p><b>Tesla Isn&#39;t A Technology Company And Shouldn&#39;t Be Valued As One</b></p><p>The valuation rebuttal has always been that TSLA isn&#39;t an automobile company, rather, it&#39;s a technology company.</p><p><img src=\"https://static.tigerbbs.com/bbc9ccb2cb8a0e7d40804db24e183214\" tg-width=\"640\" tg-height=\"341\" referrerpolicy=\"no-referrer\"/></p><p>Tesla</p><p>Page 23 ofTSLA&#39;s Q1 2022 slide deck from their earnings call is their statement of operations. Once again, 100% of TSLA&#39;s gross profit and net income are derived from automobiles. Energy generation and storage lose money as it generates $616 million in revenue while the cost of this revenue is $688 million. The same goes for Services and others, as this segment generates $1.279 billion in revenue while the cost of this revenue is $1.286 billion. This doesn&#39;t even factor in operating expenses.</p><p>TSLA manufacturers state of the art automobiles, but this doesn&#39;t classify them as a technology company, nor should they be classified as one. Since this is always the rebuttal and technology companies trade at larger earnings multiples, I will compare TSLA to Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Alphabet (GOOG) (GOOGL), and Meta Platforms (FB) and illustrate why TSLA is still drastically overvalued if the market was still to provide it with a tech multiple.</p><p>Prior to the comparisons, I want to frame the analysis by providing each company&#39;s market cap:</p><ul><li>AAPL $2.69 Trillion</li><li>MSFT $2.17 Trillion</li><li>GOOGL $1.62 Trillion</li><li>AMZN $1.28 Trillion</li><li>TSLA $986.92 Billion</li><li>FB $604.62 Billion</li></ul><p>I am going to start with growth because this is always the key metric bulls point out. Since the close of 2018, which is 3.25 fiscal years, TSLA has grown its revenue from $21.46 billion to $62.19 billion.</p><p>This is absolutely remarkable, but it doesn&#39;t place TSLA in the upper epsilon of technology companies. Over the same period, FB grew its revenue by $63.83 billion, which is more than what TSLA produced in the TTM. FB grew its revenue by more than what TSLA produces and generates just about double the revenue ($119.67 billion), yet TSLA has a larger market cap. For everyone who has used growth as their investment premise, FB having a market cap that&#39;s $382.30 less than TSLA nullifies that aspect of the bull thesis. AMZN&#39;s market cap is only $294.33 billion larger than TSLA, yet they generated $477.75 billion in revenue and grew their revenue by $341.76 billion in this period. Using revenue growth for TSLA doesn&#39;t support the valuation.</p><p><img src=\"https://static.tigerbbs.com/3c0fbd4eb93f026c4575ee8f77f53e4b\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/></p><p>Steven Fiorillo, Seeking Alpha</p><p>Next, I will turn to profits because, at the end of the day, businesses are in the business of making money. Once again, TSLA has done a fantastic job of monetizing its business and, in 3.25 short years, has gone from losing -$976 million to make $8.4 billion in the TTM for an increase of $9.38 billion. FB has produced $37.34 billion in profit in the TTM, and its net income grew by $15.23 billion over this period. Using growth doesn&#39;t support the valuation when FB has a market cap that&#39;s $382.30 less than TSLA and grew its profits in this period by almost double what TSLA has generated in the TTM.</p><p><img src=\"https://static.tigerbbs.com/c9716477607711ee0b6d4f77eb24c890\" tg-width=\"640\" tg-height=\"382\" referrerpolicy=\"no-referrer\"/></p><p>Steven Fiorillo, Seeking Alpha</p><p>The new metric bulls are using in their thesis is TSLA&#39;s free cash flow (FCF). Once again, TSLA has done an excellent job, going from -$221 million of FCF in 2018 to $6.93 billion of FCF in the TTM. Many companies would love to grow their annual FCF by $7.15 billion over a 3.25-year period, and this should be applauded.</p><p>Let&#39;s look at FB once again, since TSLA&#39;s valuation isn&#39;t based on its core segment as an automobile manufacturer. FB has grown its FCF over the previous 3.25 years by $23.45 billion, more than 3x TSLA&#39;s growth, and has generated $39.81 billion of FCF in the TTM. FB generated roughly 5.75x more FCF than TSLA and grew its FCF by more than 3x what TSLA produces, yet FB has a market cap that&#39;s almost $400 billion less than TSLA. Growth within the financials does not support TSLA&#39;s valuation, which is a breath away from $1 trillion.</p><p><img src=\"https://static.tigerbbs.com/902a7074eda9e8f2f2765e0833423d2c\" tg-width=\"640\" tg-height=\"373\" referrerpolicy=\"no-referrer\"/></p><p>Steven Fiorillo, Seeking Alpha</p><p>Today you&#39;re paying a 113.81 P/E for TSLA. Paying a larger multiple for a company that&#39;s growing its earnings quickly is normal, but TSLA isn&#39;t growing by larger amounts than FB, and FB trades at a 16.66 P/E. I have seen TSLA bulls justify the P/E because of TSLA&#39;s growth factor, but this doesn&#39;t hold up when FB has grown by larger amounts from larger starting positions and has a P/E that&#39;s a fraction of TSLA. Look at AAPL, which is the largest company in the world. AAPL has grown its net income by $56.25 billion and its FCF by $52.3 billion over the past 3.25 years, and its P/E is 26.78. People are blindly paying any multiple the market places on TSLA.</p><p><img src=\"https://static.tigerbbs.com/75168f6e39ced721cf0c53d78481a983\" tg-width=\"614\" tg-height=\"335\" referrerpolicy=\"no-referrer\"/>TSLA is trading at a 15.38 P/S. The justification for this multiple is difficult to defend while AMZN trades at a P/S of 11.31. AMZN&#39;s revenue grew by $341.76 billion over the past 3.25 years while TSLA grew their revenue by $40.73 billion. Instead of an absolute basis, looking at this from a percentage aspect, TSLA grew its revenue by 189.78%, while AMZN&#39;s grew by 251.32%. The P/S ratio is not a supporting valuation metric as TSLA is trading at a larger multiple than AMZN yet produced $301.03 billion less in revenue growth compared to AMZN. At the very least, TSLA should trade at a lower P/S multiple than AMZN considering their revenue growth was a fraction of AMZN&#39;s.</p><p><img src=\"https://static.tigerbbs.com/aad00a6c490808962705a1a2dae45cfe\" tg-width=\"608\" tg-height=\"338\" referrerpolicy=\"no-referrer\"/>TSLA has done an excellent job monetizing its revenue, delivering exceptional margins, and generating FCF. Now that TSLA is generating billions in FCF, it&#39;s been inserted into the bull thesis. FCF is a measure of profitability that excludes the non-cash expenses of the income statement and includes spending on equipment and assets as well as changes in working capital from the balance sheet. FCF could be the most underrated and most important financial metric to look at, as this is the pool of capital that companies can utilize to repay debt, pay dividends, buy back shares, make acquisitions, or reinvest in the business.</p><p>Every investment is the present value of all future cash flow. This is why investors look at the price to FCF valuation. Investors want to pay the cheapest multiple for a company&#39;s FCF. Today, you&#39;re paying 142.52x TSLA&#39;s FCF. Going back to the FCF section, TSLA grew its FCF by $7.15 billion over the past 3.25 years. FB generated $23.45 billion of FCF in this period, which is 3x the amount TSLA grew, yet FB is trading at a 15.19x multiple on price to FCF.</p><p>Why on earth would you want to pay 142.52x for TSLA&#39;s FCF when you could pay 15.19x for FB, which is growing their FCF by more than 3x the amount that TSLA is growing by? How about AAPL? AAPL grew its FCF by $52.3 billion and trades at a 25.4x price to FCF. If I exclude FB for a moment, should TSLA trade at a larger FCF multiple than GOOGL, which has grown its FCF by $46.15 billion over the past 3.25 years? My answer is no because there is no guarantee that TSLA will ever generate $46.15 billion in annual FCF, let alone the $68.99 billion in FCF that GOOGL generates.</p><p>So what is a fair price to FCF multiple for TSLA? I don&#39;t believe TSLA has earned the right to trade at the same multiples as the rest of big tech considering the levels of FCF they produce. If I stick with the methodology that FB is egregiously undervalued, then TSLA should trade above 15.19x its FCF but lower than the 23.42x multiple GOOGL trades at.</p><p>I don&#39;t want to be overly bearish, so I will place a 21x multiple on TSLA&#39;s FCF, which is more than fair considering big tech metrics. A 21x multiple on TSLA&#39;s FCF puts its market cap at $145.43 billion, which is -85.26% from its current market cap of $986.92 billion. It&#39;s just math, and if TSLA is going to be valued as a technology company, it needs to be compared to the technology companies with similar market caps.</p><p>At the very least, there isn&#39;t a single reason why TSLA&#39;s market cap is larger than FB&#39;s. There isn&#39;t a single metric that TSLA beats FB in. Based on FB&#39;s valuation, if TSLA traded at the same FCF multiple, it would have a market cap of $105.19 billion.</p><p><img src=\"https://static.tigerbbs.com/b81a61d60d9ec098276569cc4a501da0\" tg-width=\"627\" tg-height=\"341\" referrerpolicy=\"no-referrer\"/>TSLA has a gross profit margin of 27.1% ($16.85b / $62.19b) and a profit margin of 13.51% ($8.4b / $62.19b). FB has a gross profit margin of 80.34% ($96.14b / $119.67b) and a profit margin of 31.2% ($37.34b / $119.67b). FB has much wider margins and is growing its revenue by larger amounts. This reinforces my methodology as to why TSLA is grossly overvalued. GOOGL has a gross profit margin of 56.93% ($153.9b / $270.33b) and a profit margin of 27.57% ($74.54b / $270.33b).</p><p>The chances are incredibly slim that TSLA can double its profit margin to be within striking distance of GOOGL&#39;s. TSLA should not trade at a larger FCF, P/E, or P/S multiple than FB or GOOGL. While the market would indicate that I am wrong today, eventually, the hype will wear off, and TSLA will trade at a realistic valuation.</p><p><b>TSLA&#39;s Future Catalysts Have A Long Way To Go Before Impacting Its Bottom Line</b></p><p>There are three main catalysts people discuss, which include insurance, robotaxis, and FSD.TSLA offers insurance using real-time driving behavior. This is currently available to all Model S, Model 3, Model X, and Model Y owners. The catch is that it&#39;s only available in Arizona, Colorado, Illinois, Ohio, Oregon, Texas, and Virginia as of now.</p><p>TSLA uses a safety rating score to determine the monthly premium for its vehicles. At the largest premium of $130/mo, this would be $1,560 per year. If TSLA converted 100% of their U.S sales in 2021 as an insurance customer, which I think could be possible if TSLA insurance was available in every state, it would have generated $471.12 million in revenue.</p><p>We have no idea what the margins would have been, but if the margin was 50%, it would have been an additional $235.56 million in net income in 2021. While this is nothing to sneeze at, an additional $235.56 million in net income hardly moves the needle. This could be a $1 billion top-line revenue segment in the future, but with availability in only 7 states, insurance&#39;s $1 billion revenue mark is a long way away.</p><p><img src=\"https://static.tigerbbs.com/e86de6232b9abf7cee46a9607eb09741\" tg-width=\"640\" tg-height=\"326\" referrerpolicy=\"no-referrer\"/></p><p>Tesla</p><p>Next,FSD, for which TSLA has created two subscription models, a $99/mo price point and a $199/mo price point. The problem with FSD is that it doesn&#39;t make the vehicle fully autonomous, and you still need a driver to be attentive and alert. While I am not arguing that TSLA&#39;s FSD isn&#39;t leaps and bounds ahead of the competition, the problem is that it&#39;s not exactly a self-driving car.</p><p>The questions around legality and where you can use it pop into my head, and how many of TSLA&#39;s drivers opt for this upgrade. Until there is clear legislation and the technology advances to where vehicles can fully drive a person from point A to B while that person takes a nap or reads, I have a hard time believing enough TSLA owners will spend the extra $199/mo on FSD. If there is somewhere where TSLA produces the numbers about how many owners opt for this package, please let me know, and I will crunch the numbers.</p><p>Which Features Come With My Subscription?</p><blockquote>The FSD capability features you receive are based on your configuration and location. Not all features are available in all markets, and features are subject to change.Learn more about Autopilot and Full Self-Driving capability features.</blockquote><blockquote><i>Note: These features are designed to become more capable over time; however the currently enabled features do not make the vehicle autonomous. The currently enabled features require a fully attentive driver, who has their hands on the wheel and is prepared to take over at any moment.</i></blockquote><p>The last catalyst is Robotaxis which many have commented on in my articles before. We&#39;re so far off on Robotaxis that this can&#39;t be considered in TSLA&#39;s upcoming revenue. I would think major legislation would be needed for Robotaxis to exist, and there is no telling how many years away we are from this.</p><p>Also, what is the percentage of TSLA owners that would actually allow their vehicle to be used as a Robotaxi? Depending on what the profitability is, I can see people buying TSLAs to enroll them in this program, but, once again, we need to see the economics behind it. I know I am just one opinion, but I would never enroll one of my cars into a robotaxi program because I don&#39;t want other people that I don&#39;t know in my car. I would think there are many others that have similar viewpoints.</p><p>The real upcoming catalysts are future revenue growth and entering the Chinese market. In 2021 TSLA grew its YoY revenue by 70.67%, and their off to a great start after Q1 2022. Only time will tell what type of growth rate TSLA can maintain, but too many people are assuming that TSLA will obliterate the competition. Over the next several years, we could see TSLA&#39;s growth rate become significantly reduced as more luxury operators put EVs on the road.</p><p>At TSLA&#39;s current margins, they would need to increase their revenue by 444.55% to $276.47 billion to produce the same amount of net income ($37.34b) that FB produces today at their current 13.51% profit margin. Maybe TSLA can get there in the future, but why should TSLA be valued at almost $1 trillion today, considering not a single metric of theirs is similar to FB or GOOGL, and TSLA&#39;s growth across any of the sectors isn&#39;t larger than FB or GOOGL?</p><p><b>Tesla Continues To Dilute Shareholders, And Almost No Shareholders Care</b></p><p>Dilution kills shareholder value. Look, I am a shareholder of TSLA, and I hate that my shares continue to be diluted. These numbers are split-adjusted that I am using. Over the past decade,TSLA has diluted its shares by 80.93%. This is horrible compared to big tech, yet investors can&#39;t buy enough TSLA shares. TSLA finished 2012 with 572.6 million shares and, as of its last filing, had increased its outstanding shares to 1.036 billion shares.</p><p>This is the equivalent of me taking a pizza, and instead of giving you a slice, cutting another 6.5 slices, then giving you one. The pizza represents TSLA, the company, and they basically turned an 8-slice pie into a 14.5-slice pie, reducing shareholder&#39;s ownership and the amount of equity, revenue, and EPS our shares represent.</p><p>If you want to see what a true shepherd of shareholder value looks like, turn to AAPL. In 2012 AAPL had 26.3 billion shares outstanding. Over the past decade, AAPL has repurchased 10.09 billion shares, reducing its outstanding shares by 38.37%. Every quarter, AAPL is buying back shares and increasing the ownership its shares represent. TSLA, on the other hand, continues to dilute shareholders by increasing shares YOY.</p><p><b>I Could Be Completely Wrong, And Tesla Could Continue Growing At These Rates</b></p><p>TSLA&#39;s vehicle deliveries continue to outpace its growing production. YoY TSLA&#39;s deliveries increased by 68% in Q1, adding 125,171 delivered vehicles to its customers. TSLA just began Model Y deliveries from the Austin facility, and production at the Gigafactory in Berlin started in March of 2022. TSLA&#39;s Shanghai facility had strong production rates prior to the spike in COVID that resulted in temporary shutdowns. TSLA isn&#39;t just focusing on the U.S, they have Europe and China in their sights.</p><p>EVs accounted for 488,000 sales in the U.S for 2021, and the previous projection was that EVs would account for 670,000 units sold in 2022. Oil has hovered around $100 per barrel and could render the previous projections of 37% increased EV sales domestically for 2022 conservative. TSLA is in a prime position to capitalize on this trend. In 2021 TSLA vehicles accounted for 61.89% of EVs sold in the U.S (301,998 / 488,000).</p><p>Hypothetically, if the previous projection of 670,000 EV sales for 2022 is accurate and TSLA maintains its current margin, they would sell 414,628 vehicles throughout the U.S in 2022. If gas prices do alter the decision-making process when deciding between a combustible engine or an EV, then TSLA could continue surprising the market with QoQ earnings beats.</p><p>The U.S has a national goal of reaching 50% of domestic auto sales coming from EVs. In 2021, EVs accounted for 3.26% of total sales in the U.S auto market. Based on U.S auto sales in 2021, annual EV sales would need to grow by 6,989,403 to reach a 50% EV to combustible engine ratio. Hypothetically if U.S auto sales stayed flat but EVs reached 50% of the market in 2030 they would sell 7,477,403 vehicles. If TSLA&#39;s dominance in the EV sector was to drop from 61.89% to 15% due to increased competition, they would generate 1,121,610 in sales compared to 301,998 in 2021. When you add in Europe and China, TSLA certainly has the ability to become a top auto manufacturer by sales next decade.</p><p>Bulls aren&#39;t incorrect to be excited about TSLA. The world is moving toward EVs, and TSLA is the crème de la crème. As I said in the beginning, I am bullish about TSLA&#39;s future prospects, but I think the valuation today is overinflated. Nobody can predict the future, but I have no doubt that TSLA will continue to grow its sales YoY.</p><p>The question becomes, how much growth will they be able to achieve YoY? In 2021, TM generated $226.48 billion of revenue and, based on the future of EVs, TSLA certainly could achieve this level of revenue in the future. Based on TSLA&#39;s current 13.51% profit margin, if they achieved TM&#39;s level of revenue, they would generate $30.59 billion of net income, which would definitely make today&#39;s valuation look more realistic.</p><p><img src=\"https://static.tigerbbs.com/93c9176fa9bebc2c940e038cafd23229\" tg-width=\"603\" tg-height=\"631\" referrerpolicy=\"no-referrer\"/></p><p>Tesla</p><p><b>Conclusion</b></p><p>You&#39;re probably wondering how I can be a shareholder and be a bear on TSLA&#39;s valuation at the same time. It&#39;s simple; my wife bought shares of TSLA, which makes me a shareholder. My stance has always been bullish on the company and bearish on the valuation. What Elon Musk and the team at TSLA has accomplished is astonishing, and they deserve nothing but respect.</p><p>Keep in mind a company and a company&#39;s stock are two separate things. TSLA continues to dilute shareholders, and they and the market are valuing TSLA as if it&#39;s FB or GOOGL. TSLA is not a technology company; it&#39;s an automobile company, as the automotive segments drive 100% of its gross revenue and net income.</p><p>TSLA is trading at a P/E of 113.81, a P/S of 15.38, and a 142.52x multiple on its FCF. The numbers are drastically inflated as TSLA has no business trading at a larger P/S multiple than AMZN, which trades at 11.31 P/S when it has grown its revenue by $341.76 billion over the previous 3.25 years compared to TSLA&#39;s $40.73 billion of revenue growth. TSLA has generated $6.93 billion in FCF over the TTM, while Mr. Market has placed a 142.52x multiple on TSLA due to $7.15 billion FCF growth over the past 3.25 years. FB trades at a 15.19x FCF multiple while growing FCF by $23.45 billion over this period which is more than 3x what TSLA has generated in the TTM.</p><p>With FB trading at 15.19x FCF, GOOGL at 23.42x FCF, and AAPL at 25.4x FCF, it&#39;s hard to justify any number above 20x for TSLA. I think a 21x FCF multiple is generous and that places TSLA at a market cap of $145.43 billion, which is -85.26% from its current market cap of $986.92 billion.</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>Tesla: Overvalued By 85.26% And Not A Technology Company</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\">\nTesla: Overvalued By 85.26% And Not A Technology Company\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-08 11:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4507535-tesla-overvalued-by-85-26-percent-and-not-a-technology-company><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryMake no mistake, Tesla is a phenomenal company that has accomplished the unthinkable as it broke through extreme barriers of entry to disrupt the auto industry.Just because Tesla is a ...</p>\n\n<a href=\"https://seekingalpha.com/article/4507535-tesla-overvalued-by-85-26-percent-and-not-a-technology-company\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4507535-tesla-overvalued-by-85-26-percent-and-not-a-technology-company","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131831539","content_text":"SummaryMake no mistake, Tesla is a phenomenal company that has accomplished the unthinkable as it broke through extreme barriers of entry to disrupt the auto industry.Just because Tesla is a successful company that is causing automotive titans to change from combustible engines to EVs doesn't mean Tesla's stock is a good investment today.100% of gross profit and net income is generated from the automotive sector as Tesla's other businesses lose money, making them an automobile manufacturing company, not a technology company.I compared Tesla's metrics to the auto industry and big tech and the results are the same, Tesla's valuation is egregious.It's rare to find companies that have cult-like followings with loyalists willing to pay any price for its stock. The debate regarding Tesla, Inc.'s (NASDAQ:TSLA) valuation continues to be a topic of conversation between the bulls and the bears. Oneside argues that TSLA's financial growth and future prospects, including FSD, insurance, and robotaxis, justify the current $902.12 billion valuations, while others argue that the current financials and cult-like following have led to a massive overvaluation in TSLA's stock.I tip my hat to Elon Musk, as his accomplishments are second to none. When others called him crazy, Mr. Musk chose one of the hardest industries to compete in, started TSLA from the ground up, went to battle against the auto manufacturers, and succeeded. TSLA is one of the rare success stories that has truly shaped an industry, and the barriers of entry that were overcome are astonishing. TSLA didn't have the capital, manufacturing, credibility, or the infrastructure that its competitors did, yet they found a way to succeed. If the odds weren't enough which TSLA faced, they accomplished their goals without a combustible engine and pioneered an entirely new sector within the automotive industry.Just because TSLA is a great company, it doesn't mean TSLA has a great stock, or it isn't overvalued. I am not bearish on TSLA the company because I believe they still have a long runway of growth ahead of them, but I am bearish on the valuation. Prior to leaving a comment on why I am wrong, please read the article and think about the metrics I am citing; then, I will happily discuss any viewpoints about the analysis.Tesla Vs. The World In The Automotive SectorIt feels like TSLA vs. the world whenever TSLA is discussed. Discussing who makes a better automobile is a matter of opinion, and everyone is correct because it's their opinion. If person A thinks TSLA makes the best car and person B thinks Mercedes Benz makes the best car, they are both correct. Debating over this is pointless, so let's look at the raw numbers.TSLA has a larger market cap than the combination ofToyota(TM),Volkswagen(OTCPK:VWAGY),Daimler(OTCPK:DDAIF),BMW(OTCPK:BMWYY),General Motors(GM),Ford(F),Honda(HMC),Ferrari(RACE),Nissan(OTCPK:NSANY),Subaru(OTCPK:FUJHY),Volvo(OTCPK:VOLAF), andMazda(OTCPK:MZDAY). TSLA's market cap is currently $986.92 billion, while the combination of these 12 companies is $777.41 billion.Steven FiorilloThe P/S ratio is often cited to justify the valuation. The combination of TM, VWAGY, DDAIF, BMWYY, GM, F, HMC, RACE, NSANY, FUJHY, VOLAF, and MZDAY has generated $1.38 trillion in revenue over the TTM, putting their P/S at 0.56, while TSLA has generated $62.19 billion in revenue and has a 15.87 P/S.Steven Fiorillo, Seeking AlphaAs a combined entity, these 12 companies have generated $118.29 billion in net income, while TSLA has produced $8.4 billion.Steven Fiorillo, Seeking AlphaTSLA is a great company, but its current valuation has become overly inflated. TSLA's market cap is $209.52 billion larger than these 12 auto manufacturers, yet the combination of the 12 auto manufacturers generates $1.32 trillion more in revenue and $109.89 billion more in net income.Steven Fiorillo, Seeking AlphaLooking at the market caps, one would assume that TSLA has a dominant majority over its competitors in auto sales within the U.S. According to the2021 data, TSLA sold 2.02% of all vehicles in the U.S. TSLA's market cap reflects a level of dominance that is non-existent.Realistically, TSLA will have a hard time disrupting the sector further due to the price point of their vehicles. The reality is that, unless TSLA can sell a car that rivals a Honda or Toyota, doubling its market share is going to be a daunting task. It's just math. TSLA doesn't have a product for the masses, and while it may continue to grow in the luxury segment, the amount of growth that can be achieved is limited due to the pricing power of the consumer.www.goodcarbadcar.netTesla Isn't A Technology Company And Shouldn't Be Valued As OneThe valuation rebuttal has always been that TSLA isn't an automobile company, rather, it's a technology company.TeslaPage 23 ofTSLA's Q1 2022 slide deck from their earnings call is their statement of operations. Once again, 100% of TSLA's gross profit and net income are derived from automobiles. Energy generation and storage lose money as it generates $616 million in revenue while the cost of this revenue is $688 million. The same goes for Services and others, as this segment generates $1.279 billion in revenue while the cost of this revenue is $1.286 billion. This doesn't even factor in operating expenses.TSLA manufacturers state of the art automobiles, but this doesn't classify them as a technology company, nor should they be classified as one. Since this is always the rebuttal and technology companies trade at larger earnings multiples, I will compare TSLA to Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Alphabet (GOOG) (GOOGL), and Meta Platforms (FB) and illustrate why TSLA is still drastically overvalued if the market was still to provide it with a tech multiple.Prior to the comparisons, I want to frame the analysis by providing each company's market cap:AAPL $2.69 TrillionMSFT $2.17 TrillionGOOGL $1.62 TrillionAMZN $1.28 TrillionTSLA $986.92 BillionFB $604.62 BillionI am going to start with growth because this is always the key metric bulls point out. Since the close of 2018, which is 3.25 fiscal years, TSLA has grown its revenue from $21.46 billion to $62.19 billion.This is absolutely remarkable, but it doesn't place TSLA in the upper epsilon of technology companies. Over the same period, FB grew its revenue by $63.83 billion, which is more than what TSLA produced in the TTM. FB grew its revenue by more than what TSLA produces and generates just about double the revenue ($119.67 billion), yet TSLA has a larger market cap. For everyone who has used growth as their investment premise, FB having a market cap that's $382.30 less than TSLA nullifies that aspect of the bull thesis. AMZN's market cap is only $294.33 billion larger than TSLA, yet they generated $477.75 billion in revenue and grew their revenue by $341.76 billion in this period. Using revenue growth for TSLA doesn't support the valuation.Steven Fiorillo, Seeking AlphaNext, I will turn to profits because, at the end of the day, businesses are in the business of making money. Once again, TSLA has done a fantastic job of monetizing its business and, in 3.25 short years, has gone from losing -$976 million to make $8.4 billion in the TTM for an increase of $9.38 billion. FB has produced $37.34 billion in profit in the TTM, and its net income grew by $15.23 billion over this period. Using growth doesn't support the valuation when FB has a market cap that's $382.30 less than TSLA and grew its profits in this period by almost double what TSLA has generated in the TTM.Steven Fiorillo, Seeking AlphaThe new metric bulls are using in their thesis is TSLA's free cash flow (FCF). Once again, TSLA has done an excellent job, going from -$221 million of FCF in 2018 to $6.93 billion of FCF in the TTM. Many companies would love to grow their annual FCF by $7.15 billion over a 3.25-year period, and this should be applauded.Let's look at FB once again, since TSLA's valuation isn't based on its core segment as an automobile manufacturer. FB has grown its FCF over the previous 3.25 years by $23.45 billion, more than 3x TSLA's growth, and has generated $39.81 billion of FCF in the TTM. FB generated roughly 5.75x more FCF than TSLA and grew its FCF by more than 3x what TSLA produces, yet FB has a market cap that's almost $400 billion less than TSLA. Growth within the financials does not support TSLA's valuation, which is a breath away from $1 trillion.Steven Fiorillo, Seeking AlphaToday you're paying a 113.81 P/E for TSLA. Paying a larger multiple for a company that's growing its earnings quickly is normal, but TSLA isn't growing by larger amounts than FB, and FB trades at a 16.66 P/E. I have seen TSLA bulls justify the P/E because of TSLA's growth factor, but this doesn't hold up when FB has grown by larger amounts from larger starting positions and has a P/E that's a fraction of TSLA. Look at AAPL, which is the largest company in the world. AAPL has grown its net income by $56.25 billion and its FCF by $52.3 billion over the past 3.25 years, and its P/E is 26.78. People are blindly paying any multiple the market places on TSLA.TSLA is trading at a 15.38 P/S. The justification for this multiple is difficult to defend while AMZN trades at a P/S of 11.31. AMZN's revenue grew by $341.76 billion over the past 3.25 years while TSLA grew their revenue by $40.73 billion. Instead of an absolute basis, looking at this from a percentage aspect, TSLA grew its revenue by 189.78%, while AMZN's grew by 251.32%. The P/S ratio is not a supporting valuation metric as TSLA is trading at a larger multiple than AMZN yet produced $301.03 billion less in revenue growth compared to AMZN. At the very least, TSLA should trade at a lower P/S multiple than AMZN considering their revenue growth was a fraction of AMZN's.TSLA has done an excellent job monetizing its revenue, delivering exceptional margins, and generating FCF. Now that TSLA is generating billions in FCF, it's been inserted into the bull thesis. FCF is a measure of profitability that excludes the non-cash expenses of the income statement and includes spending on equipment and assets as well as changes in working capital from the balance sheet. FCF could be the most underrated and most important financial metric to look at, as this is the pool of capital that companies can utilize to repay debt, pay dividends, buy back shares, make acquisitions, or reinvest in the business.Every investment is the present value of all future cash flow. This is why investors look at the price to FCF valuation. Investors want to pay the cheapest multiple for a company's FCF. Today, you're paying 142.52x TSLA's FCF. Going back to the FCF section, TSLA grew its FCF by $7.15 billion over the past 3.25 years. FB generated $23.45 billion of FCF in this period, which is 3x the amount TSLA grew, yet FB is trading at a 15.19x multiple on price to FCF.Why on earth would you want to pay 142.52x for TSLA's FCF when you could pay 15.19x for FB, which is growing their FCF by more than 3x the amount that TSLA is growing by? How about AAPL? AAPL grew its FCF by $52.3 billion and trades at a 25.4x price to FCF. If I exclude FB for a moment, should TSLA trade at a larger FCF multiple than GOOGL, which has grown its FCF by $46.15 billion over the past 3.25 years? My answer is no because there is no guarantee that TSLA will ever generate $46.15 billion in annual FCF, let alone the $68.99 billion in FCF that GOOGL generates.So what is a fair price to FCF multiple for TSLA? I don't believe TSLA has earned the right to trade at the same multiples as the rest of big tech considering the levels of FCF they produce. If I stick with the methodology that FB is egregiously undervalued, then TSLA should trade above 15.19x its FCF but lower than the 23.42x multiple GOOGL trades at.I don't want to be overly bearish, so I will place a 21x multiple on TSLA's FCF, which is more than fair considering big tech metrics. A 21x multiple on TSLA's FCF puts its market cap at $145.43 billion, which is -85.26% from its current market cap of $986.92 billion. It's just math, and if TSLA is going to be valued as a technology company, it needs to be compared to the technology companies with similar market caps.At the very least, there isn't a single reason why TSLA's market cap is larger than FB's. There isn't a single metric that TSLA beats FB in. Based on FB's valuation, if TSLA traded at the same FCF multiple, it would have a market cap of $105.19 billion.TSLA has a gross profit margin of 27.1% ($16.85b / $62.19b) and a profit margin of 13.51% ($8.4b / $62.19b). FB has a gross profit margin of 80.34% ($96.14b / $119.67b) and a profit margin of 31.2% ($37.34b / $119.67b). FB has much wider margins and is growing its revenue by larger amounts. This reinforces my methodology as to why TSLA is grossly overvalued. GOOGL has a gross profit margin of 56.93% ($153.9b / $270.33b) and a profit margin of 27.57% ($74.54b / $270.33b).The chances are incredibly slim that TSLA can double its profit margin to be within striking distance of GOOGL's. TSLA should not trade at a larger FCF, P/E, or P/S multiple than FB or GOOGL. While the market would indicate that I am wrong today, eventually, the hype will wear off, and TSLA will trade at a realistic valuation.TSLA's Future Catalysts Have A Long Way To Go Before Impacting Its Bottom LineThere are three main catalysts people discuss, which include insurance, robotaxis, and FSD.TSLA offers insurance using real-time driving behavior. This is currently available to all Model S, Model 3, Model X, and Model Y owners. The catch is that it's only available in Arizona, Colorado, Illinois, Ohio, Oregon, Texas, and Virginia as of now.TSLA uses a safety rating score to determine the monthly premium for its vehicles. At the largest premium of $130/mo, this would be $1,560 per year. If TSLA converted 100% of their U.S sales in 2021 as an insurance customer, which I think could be possible if TSLA insurance was available in every state, it would have generated $471.12 million in revenue.We have no idea what the margins would have been, but if the margin was 50%, it would have been an additional $235.56 million in net income in 2021. While this is nothing to sneeze at, an additional $235.56 million in net income hardly moves the needle. This could be a $1 billion top-line revenue segment in the future, but with availability in only 7 states, insurance's $1 billion revenue mark is a long way away.TeslaNext,FSD, for which TSLA has created two subscription models, a $99/mo price point and a $199/mo price point. The problem with FSD is that it doesn't make the vehicle fully autonomous, and you still need a driver to be attentive and alert. While I am not arguing that TSLA's FSD isn't leaps and bounds ahead of the competition, the problem is that it's not exactly a self-driving car.The questions around legality and where you can use it pop into my head, and how many of TSLA's drivers opt for this upgrade. Until there is clear legislation and the technology advances to where vehicles can fully drive a person from point A to B while that person takes a nap or reads, I have a hard time believing enough TSLA owners will spend the extra $199/mo on FSD. If there is somewhere where TSLA produces the numbers about how many owners opt for this package, please let me know, and I will crunch the numbers.Which Features Come With My Subscription?The FSD capability features you receive are based on your configuration and location. Not all features are available in all markets, and features are subject to change.Learn more about Autopilot and Full Self-Driving capability features.Note: These features are designed to become more capable over time; however the currently enabled features do not make the vehicle autonomous. The currently enabled features require a fully attentive driver, who has their hands on the wheel and is prepared to take over at any moment.The last catalyst is Robotaxis which many have commented on in my articles before. We're so far off on Robotaxis that this can't be considered in TSLA's upcoming revenue. I would think major legislation would be needed for Robotaxis to exist, and there is no telling how many years away we are from this.Also, what is the percentage of TSLA owners that would actually allow their vehicle to be used as a Robotaxi? Depending on what the profitability is, I can see people buying TSLAs to enroll them in this program, but, once again, we need to see the economics behind it. I know I am just one opinion, but I would never enroll one of my cars into a robotaxi program because I don't want other people that I don't know in my car. I would think there are many others that have similar viewpoints.The real upcoming catalysts are future revenue growth and entering the Chinese market. In 2021 TSLA grew its YoY revenue by 70.67%, and their off to a great start after Q1 2022. Only time will tell what type of growth rate TSLA can maintain, but too many people are assuming that TSLA will obliterate the competition. Over the next several years, we could see TSLA's growth rate become significantly reduced as more luxury operators put EVs on the road.At TSLA's current margins, they would need to increase their revenue by 444.55% to $276.47 billion to produce the same amount of net income ($37.34b) that FB produces today at their current 13.51% profit margin. Maybe TSLA can get there in the future, but why should TSLA be valued at almost $1 trillion today, considering not a single metric of theirs is similar to FB or GOOGL, and TSLA's growth across any of the sectors isn't larger than FB or GOOGL?Tesla Continues To Dilute Shareholders, And Almost No Shareholders CareDilution kills shareholder value. Look, I am a shareholder of TSLA, and I hate that my shares continue to be diluted. These numbers are split-adjusted that I am using. Over the past decade,TSLA has diluted its shares by 80.93%. This is horrible compared to big tech, yet investors can't buy enough TSLA shares. TSLA finished 2012 with 572.6 million shares and, as of its last filing, had increased its outstanding shares to 1.036 billion shares.This is the equivalent of me taking a pizza, and instead of giving you a slice, cutting another 6.5 slices, then giving you one. The pizza represents TSLA, the company, and they basically turned an 8-slice pie into a 14.5-slice pie, reducing shareholder's ownership and the amount of equity, revenue, and EPS our shares represent.If you want to see what a true shepherd of shareholder value looks like, turn to AAPL. In 2012 AAPL had 26.3 billion shares outstanding. Over the past decade, AAPL has repurchased 10.09 billion shares, reducing its outstanding shares by 38.37%. Every quarter, AAPL is buying back shares and increasing the ownership its shares represent. TSLA, on the other hand, continues to dilute shareholders by increasing shares YOY.I Could Be Completely Wrong, And Tesla Could Continue Growing At These RatesTSLA's vehicle deliveries continue to outpace its growing production. YoY TSLA's deliveries increased by 68% in Q1, adding 125,171 delivered vehicles to its customers. TSLA just began Model Y deliveries from the Austin facility, and production at the Gigafactory in Berlin started in March of 2022. TSLA's Shanghai facility had strong production rates prior to the spike in COVID that resulted in temporary shutdowns. TSLA isn't just focusing on the U.S, they have Europe and China in their sights.EVs accounted for 488,000 sales in the U.S for 2021, and the previous projection was that EVs would account for 670,000 units sold in 2022. Oil has hovered around $100 per barrel and could render the previous projections of 37% increased EV sales domestically for 2022 conservative. TSLA is in a prime position to capitalize on this trend. In 2021 TSLA vehicles accounted for 61.89% of EVs sold in the U.S (301,998 / 488,000).Hypothetically, if the previous projection of 670,000 EV sales for 2022 is accurate and TSLA maintains its current margin, they would sell 414,628 vehicles throughout the U.S in 2022. If gas prices do alter the decision-making process when deciding between a combustible engine or an EV, then TSLA could continue surprising the market with QoQ earnings beats.The U.S has a national goal of reaching 50% of domestic auto sales coming from EVs. In 2021, EVs accounted for 3.26% of total sales in the U.S auto market. Based on U.S auto sales in 2021, annual EV sales would need to grow by 6,989,403 to reach a 50% EV to combustible engine ratio. Hypothetically if U.S auto sales stayed flat but EVs reached 50% of the market in 2030 they would sell 7,477,403 vehicles. If TSLA's dominance in the EV sector was to drop from 61.89% to 15% due to increased competition, they would generate 1,121,610 in sales compared to 301,998 in 2021. When you add in Europe and China, TSLA certainly has the ability to become a top auto manufacturer by sales next decade.Bulls aren't incorrect to be excited about TSLA. The world is moving toward EVs, and TSLA is the crème de la crème. As I said in the beginning, I am bullish about TSLA's future prospects, but I think the valuation today is overinflated. Nobody can predict the future, but I have no doubt that TSLA will continue to grow its sales YoY.The question becomes, how much growth will they be able to achieve YoY? In 2021, TM generated $226.48 billion of revenue and, based on the future of EVs, TSLA certainly could achieve this level of revenue in the future. Based on TSLA's current 13.51% profit margin, if they achieved TM's level of revenue, they would generate $30.59 billion of net income, which would definitely make today's valuation look more realistic.TeslaConclusionYou're probably wondering how I can be a shareholder and be a bear on TSLA's valuation at the same time. It's simple; my wife bought shares of TSLA, which makes me a shareholder. My stance has always been bullish on the company and bearish on the valuation. What Elon Musk and the team at TSLA has accomplished is astonishing, and they deserve nothing but respect.Keep in mind a company and a company's stock are two separate things. TSLA continues to dilute shareholders, and they and the market are valuing TSLA as if it's FB or GOOGL. TSLA is not a technology company; it's an automobile company, as the automotive segments drive 100% of its gross revenue and net income.TSLA is trading at a P/E of 113.81, a P/S of 15.38, and a 142.52x multiple on its FCF. The numbers are drastically inflated as TSLA has no business trading at a larger P/S multiple than AMZN, which trades at 11.31 P/S when it has grown its revenue by $341.76 billion over the previous 3.25 years compared to TSLA's $40.73 billion of revenue growth. TSLA has generated $6.93 billion in FCF over the TTM, while Mr. Market has placed a 142.52x multiple on TSLA due to $7.15 billion FCF growth over the past 3.25 years. FB trades at a 15.19x FCF multiple while growing FCF by $23.45 billion over this period which is more than 3x what TSLA has generated in the TTM.With FB trading at 15.19x FCF, GOOGL at 23.42x FCF, and AAPL at 25.4x FCF, it's hard to justify any number above 20x for TSLA. I think a 21x FCF multiple is generous and that places TSLA at a market cap of $145.43 billion, which is -85.26% from its current market cap of $986.92 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":37,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9060107182,"gmtCreate":1651106246030,"gmtModify":1676534851056,"author":{"id":"3582854716649311","authorId":"3582854716649311","name":"dadaho","avatar":"https://community-static.tradeup.com/news/a9afc39e556bba29eb8b53826efc2828","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582854716649311","authorIdStr":"3582854716649311"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/579.SI\">$OCEANUS GROUP LIMITED(579.SI)$</a>buy","listText":"<a href=\"https://ttm.financial/S/579.SI\">$OCEANUS GROUP LIMITED(579.SI)$</a>buy","text":"$OCEANUS GROUP 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Ltd(SE)$BullishBullishBullishbuy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9903383197","isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9076257266,"gmtCreate":1657855799255,"gmtModify":1676536073614,"author":{"id":"3582854716649311","authorId":"3582854716649311","name":"dadaho","avatar":"https://community-static.tradeup.com/news/a9afc39e556bba29eb8b53826efc2828","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582854716649311","authorIdStr":"3582854716649311"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076257266","repostId":"1107934870","repostType":4,"repost":{"id":"1107934870","pubTimestamp":1657854641,"share":"https://ttm.financial/m/news/1107934870?lang=&edition=fundamental","pubTime":"2022-07-15 11:10","market":"fut","language":"en","title":"Crypto Trading Volume Tumbled in June to the Lowest Since 2020","url":"https://stock-news.laohu8.com/highlight/detail?id=1107934870","media":"Bloomberg","summary":"Spot trading volumes across all centralized coins drop 27.5%Retail investors likely waiting for firs","content":"<html><head></head><body><ul><li>Spot trading volumes across all centralized coins drop 27.5%</li><li>Retail investors likely waiting for first leg up again: TIAA</li></ul><p>Cryptocurrency trading volumes have plummeted amid a dreadful first half of the year for the industry.</p><p>Spot and derivatives volumes have declined across exchanges, falling more than 15% since May to around $4.2 trillion and reaching the lowest since January of last year. The month of June alone saw spot volumes drop nearly 28% to $1.41 trillion as Bitcoin tumbled, the lowest since December 2020, according to data compiled by CryptoCompare.</p><p>Meantime, derivatives trading volumes were off by 7% during the month, the lowest since July 2021. Derivatives are hugely important in the crypto space, making up more than half of the market.</p><p>To market-watchers, the trend makes sense considering declines in Bitcoin and Ether, both of which have fallen over 70% from last year’s all-time highs. Bitcoin tumbled 15% on June 18 to $17,599, the lowest price since late 2020. It reflects investors turning cautious.</p><p>“Volume has declined given the reduced excitement from investors in a cyclical bear market,” Katie Stockton, co-founder of Fairlead Strategies, said in a message. “Until crypto prices break out of their bear-market cycle, which could take months, we can expect volume to be below average.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7aa3c1403c0e78677ef5bacee4f761ac\" tg-width=\"1000\" tg-height=\"449\" width=\"100%\" height=\"auto\"/><span>Source: CryptoCompare CryptoCompare</span></p><p>Cryptocurrencies have, along with other riskier assets, had a hard time this year amid a higher-rate environment, whereby central banks around the world are trying to tamp down red-hot inflation. The MVIS CryptoCompare Digital Assets 100 Index of some of the largest coins is down 60% this year. Bitcoin rose 2.8% to $20,208 on Thursday.</p><p>Bitcoin futures contracts last month at the CME, with volume of $29 billion, reached their lowest volume traded since July of 2021, while Ether’s fell over 20%, indicating a “fall in speculative activity,” according to CryptoCompare. The drop-off in trading volume has taken place across many platforms, including Binance, OKX and FTX.</p><p>The trend marks a reversal from the past two years, when retail investors, stuck at home during lockdowns or looking to capitalize on rising prices, swarmed into cryptos and other risky bets.</p><p>“For moms and pops, when you see something sell off that much, they probably aren’t as interested,” Chris Gaffney, president of world markets at TIAA Bank, said in an interview. “They hate buying something that’s in a free-fall or even something that has fallen and stabilized. They want to see that first leg up.”</p></body></html>","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>Crypto Trading Volume Tumbled in June to the Lowest Since 2020</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\">\nCrypto Trading Volume Tumbled in June to the Lowest Since 2020\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-15 11:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-14/crypto-trading-volume-tumbled-in-june-to-the-lowest-since-2020?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Spot trading volumes across all centralized coins drop 27.5%Retail investors likely waiting for first leg up again: TIAACryptocurrency trading volumes have plummeted amid a dreadful first half of the ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-14/crypto-trading-volume-tumbled-in-june-to-the-lowest-since-2020?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/articles/2022-07-14/crypto-trading-volume-tumbled-in-june-to-the-lowest-since-2020?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107934870","content_text":"Spot trading volumes across all centralized coins drop 27.5%Retail investors likely waiting for first leg up again: TIAACryptocurrency trading volumes have plummeted amid a dreadful first half of the year for the industry.Spot and derivatives volumes have declined across exchanges, falling more than 15% since May to around $4.2 trillion and reaching the lowest since January of last year. The month of June alone saw spot volumes drop nearly 28% to $1.41 trillion as Bitcoin tumbled, the lowest since December 2020, according to data compiled by CryptoCompare.Meantime, derivatives trading volumes were off by 7% during the month, the lowest since July 2021. Derivatives are hugely important in the crypto space, making up more than half of the market.To market-watchers, the trend makes sense considering declines in Bitcoin and Ether, both of which have fallen over 70% from last year’s all-time highs. Bitcoin tumbled 15% on June 18 to $17,599, the lowest price since late 2020. It reflects investors turning cautious.“Volume has declined given the reduced excitement from investors in a cyclical bear market,” Katie Stockton, co-founder of Fairlead Strategies, said in a message. “Until crypto prices break out of their bear-market cycle, which could take months, we can expect volume to be below average.”Source: CryptoCompare CryptoCompareCryptocurrencies have, along with other riskier assets, had a hard time this year amid a higher-rate environment, whereby central banks around the world are trying to tamp down red-hot inflation. The MVIS CryptoCompare Digital Assets 100 Index of some of the largest coins is down 60% this year. Bitcoin rose 2.8% to $20,208 on Thursday.Bitcoin futures contracts last month at the CME, with volume of $29 billion, reached their lowest volume traded since July of 2021, while Ether’s fell over 20%, indicating a “fall in speculative activity,” according to CryptoCompare. The drop-off in trading volume has taken place across many platforms, including Binance, OKX and FTX.The trend marks a reversal from the past two years, when retail investors, stuck at home during lockdowns or looking to capitalize on rising prices, swarmed into cryptos and other risky bets.“For moms and pops, when you see something sell off that much, they probably aren’t as interested,” Chris Gaffney, president of world markets at TIAA Bank, said in an interview. “They hate buying something that’s in a free-fall or even something that has fallen and stabilized. They want to see that first leg up.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9966655620,"gmtCreate":1669524375161,"gmtModify":1676538204879,"author":{"id":"3582854716649311","authorId":"3582854716649311","name":"dadaho","avatar":"https://community-static.tradeup.com/news/a9afc39e556bba29eb8b53826efc2828","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582854716649311","authorIdStr":"3582854716649311"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$&nbsp;</a><v-v data-views=\"1\"></v-v>BullishBullishBullishBullishadding","listText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$&nbsp;</a><v-v data-views=\"1\"></v-v>BullishBullishBullishBullishadding","text":"$Sea Ltd(SE)$ BullishBullishBullishBullishadding","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9966655620","isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9968874281,"gmtCreate":1669193788243,"gmtModify":1676538165450,"author":{"id":"3582854716649311","authorId":"3582854716649311","name":"dadaho","avatar":"https://community-static.tradeup.com/news/a9afc39e556bba29eb8b53826efc2828","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582854716649311","authorIdStr":"3582854716649311"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/579.SI\">$OCEANUS GROUP LIMITED(579.SI)$ &nbsp;</a>whether it's accumulation or distribution, it's anyone's guess. I am buying and hold if drop further&nbsp;","listText":"<a href=\"https://ttm.financial/S/579.SI\">$OCEANUS GROUP LIMITED(579.SI)$ &nbsp;</a>whether it's accumulation or distribution, it's anyone's guess. I am buying and hold if drop further&nbsp;","text":"$OCEANUS GROUP LIMITED(579.SI)$ whether it's accumulation or distribution, it's anyone's guess. I am buying and hold if drop further","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9968874281","isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9961100598,"gmtCreate":1668864345614,"gmtModify":1676538122672,"author":{"id":"3582854716649311","authorId":"3582854716649311","name":"dadaho","avatar":"https://community-static.tradeup.com/news/a9afc39e556bba29eb8b53826efc2828","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582854716649311","authorIdStr":"3582854716649311"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$&nbsp;</a><v-v data-views=\"1\"></v-v>BullishBullishBullishbuy","listText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$&nbsp;</a><v-v data-views=\"1\"></v-v>BullishBullishBullishbuy","text":"$Sea Ltd(SE)$ BullishBullishBullishbuy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9961100598","isVote":1,"tweetType":1,"viewCount":163,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917795880,"gmtCreate":1665582992540,"gmtModify":1676537631182,"author":{"id":"3582854716649311","authorId":"3582854716649311","name":"dadaho","avatar":"https://community-static.tradeup.com/news/a9afc39e556bba29eb8b53826efc2828","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582854716649311","authorIdStr":"3582854716649311"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/Y92.SI\">$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/Y92.SI\">$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$</a><v-v data-views=\"1\"></v-v>","text":"$THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9917795880","isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}