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Taki9415

Taki9415

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2023-03-20

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@zookee:looking for retracement

2023-03-13

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@小虎AV:當地時間3月12日晚，美聯儲、財政部、FDIC發聯合聲明稱，3月13日起儲戶可以支取所有資金。與硅谷銀行破產有關的任何損失都不會由納稅人承擔。監管機構還宣佈紐約Signature Bank的類似系統性風險情況，已被紐約州監管機構關閉。$硅谷銀行(SIVB)$ $Silvergate Capital(SI)$

2023-01-18

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@YT Finance: Sofi Stock Comeback in 2023! Mullen Stock news! Tesla stock price targets! Amazon stock analysis!

2023-01-07

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@Chris Norlund: How to Delete Twitter Account

2022-12-28

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Tesla’s 2022 Collapse Hits 69% After Deepest Selloff Since April

2022-12-21

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Sorry, the original content has been removed

2022-12-21

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Why the Bank of Japan’s Surprise Policy Twist Is Rattling Global Markets

2022-12-20

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3 Stocks to Avoid This Week

2022-12-17

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US STOCKS-Wall Street Ends Lower for Third Straight Day As Recession Worries Rise

2022-12-16

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Stocks Could Face Another Explosion of Volatility Friday As $4 Trillion of Options Expire in "Quadruple Witching"

2022-12-14

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Fed to Downshift to Half-Point Hike But Point to Higher Peak

2022-12-13

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Sorry, the original content has been removed

2022-12-12

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Inflation Data, Fed Meeting Will Set the Table for 2023: What to Know This Week

2022-12-11

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Why Stock-Market Investors Shouldn’t Count on a "Santa Claus" Rally This Year

2022-12-09

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2 Top-Tech Stocks Ready for a Bull Run

2022-12-08

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US STOCKS-S&P, Nasdaq Extend Losing Streaks Amid Rising Recession Worries

2022-12-07

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NIO And BYD Are Converging

2022-12-06

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NIO Is Taking Off - Buy The Bottom

2022-12-04

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The U.S. Economy Won’t Collapse Under Fed’s "Weight" Based on the Performance of These Sectors Despite Inflation and Oil Risks

2022-12-03

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11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall

Go to Tiger App to see more news

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for retracement","htmlText":"<a href=\"https://ttm.financial/S/ENZ\">$Enzo Biochem(ENZ)$</a> This still has yet to have any meaningful pullback. I'm looking for a 50% retracement, which would be normal, before considering going long on this.&nbsp;did already a few Offerings. A sell is not Always positives. Ask yourself, would you sell a Good Running Company? In Some Cases Maybe yes.&nbsp;But wouldnt be suprised if we See here again a new Offering.&nbsp;<v-v data-views=\"0\"></v-v>","listText":"<a href=\"https://ttm.financial/S/ENZ\">$Enzo Biochem(ENZ)$</a> This still has yet to have any meaningful pullback. I'm looking for a 50% retracement, which would be normal, before considering going long on this.&nbsp;did already a few Offerings. A sell is not Always positives. Ask yourself, would you sell a Good Running Company? In Some Cases Maybe yes.&nbsp;But wouldnt be suprised if we See here again a new Offering.&nbsp;<v-v data-views=\"0\"></v-v>","text":"$Enzo Biochem(ENZ)$ This still has yet to have any meaningful pullback. I'm looking for a 50% retracement, which would be normal, before considering going long on this. did already a few Offerings. A sell is not Always positives. Ask yourself, would you sell a Good Running Company? In Some Cases Maybe yes. But wouldnt be suprised if we See here again a new Offering.","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943894733","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949236599,"gmtCreate":1678677319511,"gmtModify":1678677323338,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4099969523946750","authorIdStr":"4099969523946750"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949236599","repostId":"627790161","repostType":1,"repost":{"id":627790161,"gmtCreate":1678676688564,"gmtModify":1678676714378,"author":{"id":"3514329116425907","authorId":"3514329116425907","name":"小虎AV","avatar":"https://static.tigerbbs.com/91101bd3142b32495c3131036d5f8afa","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3514329116425907","authorIdStr":"3514329116425907"},"themes":[],"title":"美財政部美聯儲和FDIC聯合聲明：硅谷銀行儲戶將可支取所有資金","htmlText":"\n \n \n  當地時間3月12日晚，美聯儲、財政部、FDIC發聯合聲明稱，3月13日起儲戶可以支取所有資金。與硅谷銀行破產有關的任何損失都不會由納稅人承擔。監管機構還宣佈紐約Signature Bank的類似系統性風險情況，已被紐約州監管機構關閉。<a href=\"https://laohu8.com/S/SIVB\">$硅谷銀行(SIVB)$</a> <a href=\"https://laohu8.com/S/SI\">$Silvergate Capital(SI)$</a>\n \n","listText":"當地時間3月12日晚，美聯儲、財政部、FDIC發聯合聲明稱，3月13日起儲戶可以支取所有資金。與硅谷銀行破產有關的任何損失都不會由納稅人承擔。監管機構還宣佈紐約Signature Bank的類似系統性風險情況，已被紐約州監管機構關閉。<a href=\"https://laohu8.com/S/SIVB\">$硅谷銀行(SIVB)$</a> <a href=\"https://laohu8.com/S/SI\">$Silvergate Capital(SI)$</a>","text":"當地時間3月12日晚，美聯儲、財政部、FDIC發聯合聲明稱，3月13日起儲戶可以支取所有資金。與硅谷銀行破產有關的任何損失都不會由納稅人承擔。監管機構還宣佈紐約Signature Bank的類似系統性風險情況，已被紐約州監管機構關閉。$硅谷銀行(SIVB)$ $Silvergate Capital(SI)$","images":[{"img":"https://static.tigerbbs.com/a1cdc3b1da16b55cefda144b999d3959","width":"0","height":"0"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/627790161","isVote":1,"tweetType":2,"object":{"id":"6550aa6ba67b42f58d7686ec51f15b1e","tweetId":"627790161","videoUrl":"https://1254107296.vod2.myqcloud.com/e2ad4227vodcq1254107296/deb89306243791580520715204/ASE8EGwhZT8A.mp4","poster":"https://static.tigerbbs.com/a1cdc3b1da16b55cefda144b999d3959"},"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956250947,"gmtCreate":1674025089789,"gmtModify":1676538917429,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4099969523946750","authorIdStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956250947","repostId":"9956226998","repostType":1,"repost":{"id":9956226998,"gmtCreate":1674022502614,"gmtModify":1676538917173,"author":{"id":"3479274788369128","authorId":"3479274788369128","name":"YT Finance","avatar":"https://static.tigerbbs.com/b6a88deab8f94c02e156d705ee928536","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3479274788369128","authorIdStr":"3479274788369128"},"themes":[],"htmlText":"\n \n \n  Sofi Stock Comeback in 2023! Mullen Stock news! Tesla stock price targets! Amazon stock analysis!\n \n","listText":"Sofi Stock Comeback in 2023! Mullen Stock news! Tesla stock price targets! Amazon stock analysis!","text":"Sofi Stock Comeback in 2023! Mullen Stock news! Tesla stock price targets! Amazon stock analysis!","images":[],"top":1,"highlighted":2,"essential":2,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956226998","isVote":1,"tweetType":2,"object":{"id":"469f2ac662544cb18e3b3bf3edce9048","tweetId":"9956226998","title":"Sofi Stock Comeback in 2023! Mullen Stock news! Tesla stock price targets! Amazon stock analysis!","videoUrl":"http://v.tigerbbs.com/16740224958368efbfec102b970e93038bc609f4d5bdf.mp4","poster":"https://static.tigerbbs.com/b8b4748ea044086df90a3eb04f1fa5a9","shareLink":"http://v.tigerbbs.com/16740224958368efbfec102b970e93038bc609f4d5bdf.mp4"},"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":365,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9959527486,"gmtCreate":1673024292546,"gmtModify":1676538771953,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4099969523946750","authorIdStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9959527486","repostId":"9959587060","repostType":1,"repost":{"id":9959587060,"gmtCreate":1673021528651,"gmtModify":1676538771358,"author":{"id":"10000000000010759","authorId":"10000000000010759","name":"Chris Norlund","avatar":"https://community-static.tradeup.com/news/eda1c576d4913fd8009953b7fdfb7625","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"10000000000010759","authorIdStr":"10000000000010759"},"themes":[],"htmlText":"\n \n \n  How to Delete Twitter Account\n \n","listText":"How to Delete Twitter Account","text":"How to Delete Twitter Account","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9959587060","isVote":1,"tweetType":2,"object":{"id":"df2ac8ae5d7c430e9f16880296dccef9","tweetId":"9959587060","title":"How to Delete Twitter Account","videoUrl":"http://v.tigerbbs.com/167302152337752e0eff36078457fb3f696e69696b786.mp4","poster":"https://static.tigerbbs.com/f7caf3a9b4af2769fcc469147a33538e","shareLink":"http://v.tigerbbs.com/167302152337752e0eff36078457fb3f696e69696b786.mp4"},"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":422,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9924381761,"gmtCreate":1672184484653,"gmtModify":1676538647381,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4099969523946750","authorIdStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9924381761","repostId":"1108272739","repostType":4,"repost":{"id":"1108272739","pubTimestamp":1672182854,"share":"https://ttm.financial/m/news/1108272739?lang=&edition=fundamental","pubTime":"2022-12-28 07:14","market":"us","language":"en","title":"Tesla’s 2022 Collapse Hits 69% After Deepest Selloff Since April","url":"https://stock-news.laohu8.com/highlight/detail?id=1108272739","media":"Bloomberg","summary":"Stock has lost around $720 billion in valuation this yearLatest decline comes amid growing concern a","content":"<html><head></head><body><ul><li>Stock has lost around $720 billion in valuation this year</li><li>Latest decline comes amid growing concern about demand risks</li></ul><p>The tailspin inTesla Inc.shares accelerated Tuesday, marking their longest losing streak since 2018, as a report of a plan to temporarily halt production at its China factory rekindled fears about demand risks.</p><p>Shares of the Elon Musk-led company closed down 11% at $109.10, for the seventh straight decline and its steepest one-day drop since April. The electric-vehicle maker’s market valuation has shrunk to roughly $345 billion, below that of Walmart Inc., JPMorgan Chase &amp; Co. and Nvidia Corp. This latest selloff also cost Tesla its position among the 10-highest valued companies in the S&amp;P 500 Index, a distinction it had held since joining the benchmark in December 2020.</p><p>News ofreduced outputin Shanghai comes on the heels of last week’s report that Tesla wasoffering US consumersa $7,500 discount to take delivery of its two highest-volume models before year-end, combining to intensify concerns that demand is ebbing. For Tesla, whose valuation is pinned on its future growth prospects, these worries reflect a significant risk.</p><p><img src=\"https://static.tigerbbs.com/20b0ea682477692e55b83205ed99dd95\" tg-width=\"620\" tg-height=\"348\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>“Most of the stock’s weakness this year is due to indicators showing flagging demand globally,” said Craig Irwin, an analyst at Roth Capital Partners. Tesla’s estimatedrevenue growth“is still amazing, but not $385 billion market valuation-type amazing,” he said, referring to the value at the end of last week.</p><p>Analysts on average expect revenue to grow 54% in 2022 and 37% in 2023, data compiled by Bloomberg show.</p><p>The hope that Tesla will be the leading EV company in a future dominated by electric cars drove a spectacular eight-fold rally in the shares in 2020, earning its place in the S&amp;P 500 and at one point making it the fifth-most valuable stock in the gauge.</p><h2>Breakneck Unwind</h2><p>But this year the unwinding has come equally fast. It has lost 69% its value amid Musk’s Twitter takeover and related distractions, investor jitters about growth assets and most recently, worries that high inflation and rising interest rates will dampen consumers’ enthusiasm for EVs.</p><p>“Our sense is the company’s market share has peaked and concerns about its over-reliance on China for profits and the factory shutdown are weighing on the stock,” said Jeffrey Osborne, an analyst at Cowen. Tesla “appears to have burned through its backlog as they are resorting to promotions to move cars and delivery lead times are 1-2 weeks in the majority of the world.”</p><p>Sponsored ContentWhat Makes a Home Sustainable?SamsungMore fromBloombergHyperdriveToyota Hits Record November Output, But Shortages LoomNio CEO Warns of Sales Challenges in First Half on China DemandChinese EV Maker Nio Launches New Models, Upgraded Battery SwapsTesla’s Ugly December and Other Omens for the Auto Industry</p><p>Wall Street analysts started flagging warnings about EV demand earlier this month, with the average 12-month price target for Tesla falling 10% since the end of November. Meanwhile, the average adjusted earnings estimate for 2022 has declined over 4% from just three months ago.</p><p>Tesla has now seen around $720 billion of shareholder value evaporate this year. The collapse is among the biggest contributors to the S&amp;P 500’s decline in 2022, after Amazon.com Inc., Microsoft Corp. and Apple Inc.</p><p>Still, analysts’ overall stance on Tesla remains bullish, with the highest share of buy or equivalent ratings since early 2015.</p><p>“Despite the stock’s performance, Tesla’s innovation curve appears to be accelerating, a stark contrast to other large tech companies whose incremental product updates appear stagnant at best,” Canaccord Genuity analyst George Gianarikas wrote in a note last week. He added that “green shoots” of recovery may appear in 2023.</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>Tesla’s 2022 Collapse Hits 69% After Deepest Selloff Since April</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’s 2022 Collapse Hits 69% After Deepest Selloff Since April\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-28 07:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-12-27/tesla-s-deepening-rout-obliterates-half-of-meteoric-2020-rally?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock has lost around $720 billion in valuation this yearLatest decline comes amid growing concern about demand risksThe tailspin inTesla Inc.shares accelerated Tuesday, marking their longest losing ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-12-27/tesla-s-deepening-rout-obliterates-half-of-meteoric-2020-rally?srnd=premium-asia\">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://www.bloomberg.com/news/articles/2022-12-27/tesla-s-deepening-rout-obliterates-half-of-meteoric-2020-rally?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108272739","content_text":"Stock has lost around $720 billion in valuation this yearLatest decline comes amid growing concern about demand risksThe tailspin inTesla Inc.shares accelerated Tuesday, marking their longest losing streak since 2018, as a report of a plan to temporarily halt production at its China factory rekindled fears about demand risks.Shares of the Elon Musk-led company closed down 11% at $109.10, for the seventh straight decline and its steepest one-day drop since April. The electric-vehicle maker’s market valuation has shrunk to roughly $345 billion, below that of Walmart Inc., JPMorgan Chase & Co. and Nvidia Corp. This latest selloff also cost Tesla its position among the 10-highest valued companies in the S&P 500 Index, a distinction it had held since joining the benchmark in December 2020.News ofreduced outputin Shanghai comes on the heels of last week’s report that Tesla wasoffering US consumersa $7,500 discount to take delivery of its two highest-volume models before year-end, combining to intensify concerns that demand is ebbing. For Tesla, whose valuation is pinned on its future growth prospects, these worries reflect a significant risk.“Most of the stock’s weakness this year is due to indicators showing flagging demand globally,” said Craig Irwin, an analyst at Roth Capital Partners. Tesla’s estimatedrevenue growth“is still amazing, but not $385 billion market valuation-type amazing,” he said, referring to the value at the end of last week.Analysts on average expect revenue to grow 54% in 2022 and 37% in 2023, data compiled by Bloomberg show.The hope that Tesla will be the leading EV company in a future dominated by electric cars drove a spectacular eight-fold rally in the shares in 2020, earning its place in the S&P 500 and at one point making it the fifth-most valuable stock in the gauge.Breakneck UnwindBut this year the unwinding has come equally fast. It has lost 69% its value amid Musk’s Twitter takeover and related distractions, investor jitters about growth assets and most recently, worries that high inflation and rising interest rates will dampen consumers’ enthusiasm for EVs.“Our sense is the company’s market share has peaked and concerns about its over-reliance on China for profits and the factory shutdown are weighing on the stock,” said Jeffrey Osborne, an analyst at Cowen. Tesla “appears to have burned through its backlog as they are resorting to promotions to move cars and delivery lead times are 1-2 weeks in the majority of the world.”Sponsored ContentWhat Makes a Home Sustainable?SamsungMore fromBloombergHyperdriveToyota Hits Record November Output, But Shortages LoomNio CEO Warns of Sales Challenges in First Half on China DemandChinese EV Maker Nio Launches New Models, Upgraded Battery SwapsTesla’s Ugly December and Other Omens for the Auto IndustryWall Street analysts started flagging warnings about EV demand earlier this month, with the average 12-month price target for Tesla falling 10% since the end of November. Meanwhile, the average adjusted earnings estimate for 2022 has declined over 4% from just three months ago.Tesla has now seen around $720 billion of shareholder value evaporate this year. The collapse is among the biggest contributors to the S&P 500’s decline in 2022, after Amazon.com Inc., Microsoft Corp. and Apple Inc.Still, analysts’ overall stance on Tesla remains bullish, with the highest share of buy or equivalent ratings since early 2015.“Despite the stock’s performance, Tesla’s innovation curve appears to be accelerating, a stark contrast to other large tech companies whose incremental product updates appear stagnant at best,” Canaccord Genuity analyst George Gianarikas wrote in a note last week. He added that “green shoots” of recovery may appear in 2023.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9926737435,"gmtCreate":1671631165028,"gmtModify":1676538566490,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4099969523946750","authorIdStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9926737435","repostId":"9926798177","repostType":1,"isVote":1,"tweetType":1,"viewCount":425,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9926270730,"gmtCreate":1671576954021,"gmtModify":1676538557409,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4099969523946750","authorIdStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9926270730","repostId":"1119521514","repostType":4,"repost":{"id":"1119521514","pubTimestamp":1671546168,"share":"https://ttm.financial/m/news/1119521514?lang=&edition=fundamental","pubTime":"2022-12-20 22:22","market":"us","language":"en","title":"Why the Bank of Japan’s Surprise Policy Twist Is Rattling Global Markets","url":"https://stock-news.laohu8.com/highlight/detail?id=1119521514","media":"MarketWatch","summary":"Anchors aweigh?The Bank of Japan sent shock waves through global financial markets Tuesday, effectiv","content":"<html><head></head><body><p>Anchors aweigh?</p><p>The Bank of Japan sent shock waves through global financial markets Tuesday, effectively loosening a cap on 10-year government bond yields in a surprise move seen as potentially pointing the way to a broader tightening by the last major global central bank to maintain an ultraloose monetary policy.</p><p>Analysts and economists debated the significance of the move. But the market reaction showed global investors were rattled by the potential for the Bank of Japan to eventually give up its role as the last remaining low-rate anchor.</p><p>“The fact that investors see today’s move as heralding a bigger shift is evident from the market reaction,” said Jim Reid, strategist at Deutsche Bank, in a note.</p><p>The BOJ, at a regular policy meeting, said the yield on the 10-year Japanese government bond could rise as high as 0.5% from a previous cap of 0.25%. The central bank, as part of a program known as yield curve control, has maintained a target range around zero for the benchmark government bond yield since 2016 and used that as a tool to keep overall market interest rates low.</p><p>For its part, the BOJ didn’t cite inflation as a reason for the move, instead highlighting concerns about the functioning of the government bond market.</p><p>The yen soared, strengthening by more than 3% versus the U.S. dollar, while yields on 10-year Japanese government bonds were up 16 basis points at 0.413%, after hitting their highest level since 2015. U.S. Treasury yields spiked as global bond yields rose. The dollar weakened broadly versus major rivals, with the ICE U.S. Dollar Index down 0.8%.</p><p>The widening differential between Japanese and other developed market interest rates had translated into a steep selloff by the yen this year, with the currency hitting a multidecade low versus the U.S. dollar earlier this year.</p><p>Equity markets in Asia felt the heat from rising yields, with Japan’s Nikkei 225 falling more than 2%. Stocks in Europe and the U.S. saw a more subdued reaction, with U.S. stock-index futures pointing to a flat start for Wall Street.</p><p>Speculation around a broader shift in policy has been mounting.</p><p>The U.S. Treasury market felt ripples in Monday’s session after the Kyodo News agency over the weekend reported that Japan’s Prime Minister Fumio Kishida was looking to make the country’s 2% inflation target more flexible. The report said that Kishida, as soon as next spring, could discuss details of how to revise the government’s decade-long accord with the BOJ on the 2% target after a new central-bank governor succeeds Haruhiko Kuroda, whose term ends in April.</p><p>The Bank of Japan has spent massively in its effort to maintain the cap on the 10-year yield as global bond yields jumped this year in response to policy tightening by other major central banks, noted Robin Brooks, chief economist at the Institute of International Finance, on Twitter. That pressure may intensify “because markets smell blood,” he said.</p><p><img src=\"https://static.tigerbbs.com/9a956c5a8128687828da110c5f48fec3\" tg-width=\"755\" tg-height=\"1196\" width=\"100%\" height=\"auto\"/></p><p>While prospects for a move were being built into expectations for 2023, there was a widespread view that nothing was likely to happen in the final months of Kuroda’s term as governor, said Adam Cole, chief currency strategist at RBC Capital Markets, in a note.</p><p>He noted that other aspects of policy, including forward guidance and the policy balance rate, were left unchanged and the statement played up the market functioning role of the band widening, rather than characterizing it as a tightening of monetary policy.</p><p>“But coming in illiquid conditions, the market reaction has been sharp. In the near-term, we would not stand in the way of JPY strength and note that positioning, while much reduced in recent weeks, was still net long USD/JPY heading into the decision and covering of these JPY shorts may carry JPY higher still,” he wrote.</p></body></html>","source":"lsy1603348471595","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>Why the Bank of Japan’s Surprise Policy Twist Is Rattling Global Markets</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\">\nWhy the Bank of Japan’s Surprise Policy Twist Is Rattling Global Markets\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-20 22:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/why-the-bank-of-japans-surprise-policy-twist-is-rattling-global-markets-11671544276?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Anchors aweigh?The Bank of Japan sent shock waves through global financial markets Tuesday, effectively loosening a cap on 10-year government bond yields in a surprise move seen as potentially ...</p>\n\n<a href=\"https://www.marketwatch.com/story/why-the-bank-of-japans-surprise-policy-twist-is-rattling-global-markets-11671544276?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/why-the-bank-of-japans-surprise-policy-twist-is-rattling-global-markets-11671544276?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119521514","content_text":"Anchors aweigh?The Bank of Japan sent shock waves through global financial markets Tuesday, effectively loosening a cap on 10-year government bond yields in a surprise move seen as potentially pointing the way to a broader tightening by the last major global central bank to maintain an ultraloose monetary policy.Analysts and economists debated the significance of the move. But the market reaction showed global investors were rattled by the potential for the Bank of Japan to eventually give up its role as the last remaining low-rate anchor.“The fact that investors see today’s move as heralding a bigger shift is evident from the market reaction,” said Jim Reid, strategist at Deutsche Bank, in a note.The BOJ, at a regular policy meeting, said the yield on the 10-year Japanese government bond could rise as high as 0.5% from a previous cap of 0.25%. The central bank, as part of a program known as yield curve control, has maintained a target range around zero for the benchmark government bond yield since 2016 and used that as a tool to keep overall market interest rates low.For its part, the BOJ didn’t cite inflation as a reason for the move, instead highlighting concerns about the functioning of the government bond market.The yen soared, strengthening by more than 3% versus the U.S. dollar, while yields on 10-year Japanese government bonds were up 16 basis points at 0.413%, after hitting their highest level since 2015. U.S. Treasury yields spiked as global bond yields rose. The dollar weakened broadly versus major rivals, with the ICE U.S. Dollar Index down 0.8%.The widening differential between Japanese and other developed market interest rates had translated into a steep selloff by the yen this year, with the currency hitting a multidecade low versus the U.S. dollar earlier this year.Equity markets in Asia felt the heat from rising yields, with Japan’s Nikkei 225 falling more than 2%. Stocks in Europe and the U.S. saw a more subdued reaction, with U.S. stock-index futures pointing to a flat start for Wall Street.Speculation around a broader shift in policy has been mounting.The U.S. Treasury market felt ripples in Monday’s session after the Kyodo News agency over the weekend reported that Japan’s Prime Minister Fumio Kishida was looking to make the country’s 2% inflation target more flexible. The report said that Kishida, as soon as next spring, could discuss details of how to revise the government’s decade-long accord with the BOJ on the 2% target after a new central-bank governor succeeds Haruhiko Kuroda, whose term ends in April.The Bank of Japan has spent massively in its effort to maintain the cap on the 10-year yield as global bond yields jumped this year in response to policy tightening by other major central banks, noted Robin Brooks, chief economist at the Institute of International Finance, on Twitter. That pressure may intensify “because markets smell blood,” he said.While prospects for a move were being built into expectations for 2023, there was a widespread view that nothing was likely to happen in the final months of Kuroda’s term as governor, said Adam Cole, chief currency strategist at RBC Capital Markets, in a note.He noted that other aspects of policy, including forward guidance and the policy balance rate, were left unchanged and the statement played up the market functioning role of the band widening, rather than characterizing it as a tightening of monetary policy.“But coming in illiquid conditions, the market reaction has been sharp. In the near-term, we would not stand in the way of JPY strength and note that positioning, while much reduced in recent weeks, was still net long USD/JPY heading into the decision and covering of these JPY shorts may carry JPY higher still,” he wrote.","news_type":1},"isVote":1,"tweetType":1,"viewCount":405,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9926143425,"gmtCreate":1671497596267,"gmtModify":1676538545812,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4099969523946750","authorIdStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9926143425","repostId":"2292211138","repostType":4,"repost":{"id":"2292211138","pubTimestamp":1671519581,"share":"https://ttm.financial/m/news/2292211138?lang=&edition=fundamental","pubTime":"2022-12-20 14:59","market":"us","language":"en","title":"3 Stocks to Avoid This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2292211138","media":"Motley Fool","summary":"These investments seem pretty vulnerable right now.","content":"<html><head></head><body><p>Wall Street took a step back this week. The &#34;three stocks to avoid&#34; in my column that I thought were going to lose to the market last week -- <b>Lennar</b>, <b>Baozun</b>, and <b>Scholastic</b> -- rose 4%, tumbled 11%, and was unchanged, respectively, averaging out to a 2.3% decline.</p><p>The <b>S&amp;P 500</b> fell again this week, moving 1.8%% move lower. I was barely right. I have been correct in 39 of the past 61 weeks, or 64% of the time.</p><p>Let&#39;s turn our attention to the week ahead. I see <b>BlackBerry</b>, <b>Steelcase</b>, and <b><a href=\"https://laohu8.com/S/BLNK\">Blink Charging</a></b> as stocks you might want to consider steering clear of this week. Let&#39;s go over my near-term concerns with all three investments.</p><h2><b>1. BlackBerry</b></h2><p>We&#39;re far removed from BlackBerry&#39;s glory days as the maker of leading-edge mobile phones. Revenue has declined in 10 of the past 11 years, and it&#39;s on pace for a third straight top-line slide now. BlackBerry will offer up financial results for its fiscal third quarter on Tuesday afternoon. One way or another, the stock will be on the move.</p><p>If you haven&#39;t seen a BlackBerry in the wild, you&#39;re not alone. The company has transitioned away from its iconic handheld communication devices, making the most of its strong software roots and intellectual properties to rebuild itself. BlackBerry is now a provider of products and services offering intelligent cybersecurity solutions.</p><p>BlackBerry had a big run as a meme stock early last year. But that performance didn&#39;t last. BlackBerry has yet to deliver on the hype, and revenue is still going the wrong way. Analysts don&#39;t see a return to profitability for another two years, and a lot can happen on the way there. This potential turnaround still isn&#39;t turning around.</p><h2><b>2. Steelcase</b></h2><p>There aren&#39;t a lot of companies reporting fresh financials this week with Christmas closing in, but Steelcase is one them. The leading maker of office furniture as well as work-from-home essentials checks in with its fiscal third-quarter results after Monday&#39;s market close. It will host its earnings call the morning after.</p><p>Steelcase has seen its business pick up after seeing revenue plummet 30% in the pandemic-saddled fiscal 2021. Expectations are high heading into this week&#39;s financial update. Analysts see the top line rising 13% for the fiscal third quarter, with profits more than doubling. The bearish thesis here is that businesses have to be scaling back their office furniture orders ahead of a widely expected economic slowdown. We&#39;ve seen many high-profile companies announce layoffs, and the pain should be even more intense at smaller enterprises.</p><p>Steelcase may meet expectations, though. It has topped bottom-line forecasts in back-to-back reports. However, guidance could be sobering. We saw this happen three months ago, when Steelcase shares tumbled despite an earnings beat on a weak near-term outlook. There&#39;s no reason to think that things have gotten better since then for Steelcase.</p><h2><b>3. Blink Charging</b></h2><p>There&#39;s no denying that electric vehicles are the future, and that finds investors chasing the few publicly traded plays that are working to keep next-gen cars charged and rolling. Blink Charging offers charging equipment and charging service for electric vehicles. It also makes the cut here this week because it&#39;s too early to single out winners.</p><p>Analysts don&#39;t see Blink Charging turning a profit for at least five years, and by then the market will probably consist of several new players. Sure, Blink Charging will be introducing new products at next month&#39;s CES 2023, but this is a fast-moving industry where being early isn&#39;t enough.</p><p>Despite the lack of earnings, Blink Charging trades at a rich 14 times trailing revenue. Blink Charging may be able to charge your electric ride, but it has the wrong look -- overvalued and profits nowhere in sight -- to charge up market sentiment.</p><p>It&#39;s going to be a bumpy road for some of these investments. If you&#39;re looking for safe stocks, you aren&#39;t likely to find them in BlackBerry, Steelcase, and Blink Charging this week.</p></body></html>","source":"fool_stock","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>3 Stocks to Avoid This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Stocks to Avoid This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-20 14:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/12/19/3-stocks-to-avoid-this-week/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street took a step back this week. The \"three stocks to avoid\" in my column that I thought were going to lose to the market last week -- Lennar, Baozun, and Scholastic -- rose 4%, tumbled 11%, ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/12/19/3-stocks-to-avoid-this-week/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓","SCS":"Steelcase Inc.","BLNK":"Blink Charging"},"source_url":"https://www.fool.com/investing/2022/12/19/3-stocks-to-avoid-this-week/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2292211138","content_text":"Wall Street took a step back this week. The \"three stocks to avoid\" in my column that I thought were going to lose to the market last week -- Lennar, Baozun, and Scholastic -- rose 4%, tumbled 11%, and was unchanged, respectively, averaging out to a 2.3% decline.The S&P 500 fell again this week, moving 1.8%% move lower. I was barely right. I have been correct in 39 of the past 61 weeks, or 64% of the time.Let's turn our attention to the week ahead. I see BlackBerry, Steelcase, and Blink Charging as stocks you might want to consider steering clear of this week. Let's go over my near-term concerns with all three investments.1. BlackBerryWe're far removed from BlackBerry's glory days as the maker of leading-edge mobile phones. Revenue has declined in 10 of the past 11 years, and it's on pace for a third straight top-line slide now. BlackBerry will offer up financial results for its fiscal third quarter on Tuesday afternoon. One way or another, the stock will be on the move.If you haven't seen a BlackBerry in the wild, you're not alone. The company has transitioned away from its iconic handheld communication devices, making the most of its strong software roots and intellectual properties to rebuild itself. BlackBerry is now a provider of products and services offering intelligent cybersecurity solutions.BlackBerry had a big run as a meme stock early last year. But that performance didn't last. BlackBerry has yet to deliver on the hype, and revenue is still going the wrong way. Analysts don't see a return to profitability for another two years, and a lot can happen on the way there. This potential turnaround still isn't turning around.2. SteelcaseThere aren't a lot of companies reporting fresh financials this week with Christmas closing in, but Steelcase is one them. The leading maker of office furniture as well as work-from-home essentials checks in with its fiscal third-quarter results after Monday's market close. It will host its earnings call the morning after.Steelcase has seen its business pick up after seeing revenue plummet 30% in the pandemic-saddled fiscal 2021. Expectations are high heading into this week's financial update. Analysts see the top line rising 13% for the fiscal third quarter, with profits more than doubling. The bearish thesis here is that businesses have to be scaling back their office furniture orders ahead of a widely expected economic slowdown. We've seen many high-profile companies announce layoffs, and the pain should be even more intense at smaller enterprises.Steelcase may meet expectations, though. It has topped bottom-line forecasts in back-to-back reports. However, guidance could be sobering. We saw this happen three months ago, when Steelcase shares tumbled despite an earnings beat on a weak near-term outlook. There's no reason to think that things have gotten better since then for Steelcase.3. Blink ChargingThere's no denying that electric vehicles are the future, and that finds investors chasing the few publicly traded plays that are working to keep next-gen cars charged and rolling. Blink Charging offers charging equipment and charging service for electric vehicles. It also makes the cut here this week because it's too early to single out winners.Analysts don't see Blink Charging turning a profit for at least five years, and by then the market will probably consist of several new players. Sure, Blink Charging will be introducing new products at next month's CES 2023, but this is a fast-moving industry where being early isn't enough.Despite the lack of earnings, Blink Charging trades at a rich 14 times trailing revenue. Blink Charging may be able to charge your electric ride, but it has the wrong look -- overvalued and profits nowhere in sight -- to charge up market sentiment.It's going to be a bumpy road for some of these investments. If you're looking for safe stocks, you aren't likely to find them in BlackBerry, Steelcase, and Blink Charging this week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":274,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9928175838,"gmtCreate":1671234137824,"gmtModify":1676538512504,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4099969523946750","authorIdStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9928175838","repostId":"2292062240","repostType":4,"repost":{"id":"2292062240","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":1671225477,"share":"https://ttm.financial/m/news/2292062240?lang=&edition=fundamental","pubTime":"2022-12-17 05:17","market":"us","language":"en","title":"US STOCKS-Wall Street Ends Lower for Third Straight Day As Recession Worries Rise","url":"https://stock-news.laohu8.com/highlight/detail?id=2292062240","media":"Reuters","summary":"(Reuters) - U.S. stocks dropped for a third straight session and suffered a second straight week of ","content":"<html><head></head><body><p>(Reuters) - U.S. stocks dropped for a third straight session and suffered a second straight week of losses on Friday as fears continued to mount that the Federal Reserve&#39;s campaign to arrest inflation would tilt the economy into a recession.</p><p>Equities have been staggered since the U.S. central bank&#39;s decision to raise interest rates by 50 basis points (bps), as expected. But comments from Fed Chair Jerome Powell signaled more policy tightening, and the central bank projected that interest rates would top the 5% mark in 2023, a level not seen since 2007.</p><p>Further comments from other Fed officials fueled the concern. New York Fed President John Williams said on Friday it remains possible the U.S. central bank will raise rates more than it expects next year. The policymaker added that he does not anticipate a recession due to the Fed&#39;s aggressive tightening.</p><p>In addition, San Francisco Federal Reserve Bank President Mary Daly said it is &#34;reasonable&#34; to believe that once the Fed&#39;s policy rates reached their peak, they could stay there into 2024.</p><p>&#34;It feels as if finally the market is starting to understand that bad news is bad news, and that is what is starting to occur. Since the October bottoms, the market has continued to price in what I would consider a substantial amount of optimism at the fact the Fed could navigate and pilot a successful soft landing,&#34; said Dave Wagner, equity analyst and portfolio manager for Aptus Capital Advisors in Cincinnati.</p><p>&#34;Finally, the market is taking into consideration that bad news should mean bad things for the market.&#34;</p><p>The Dow Jones Industrial Average fell 281.76 points, or 0.85%, to 32,920.46; the S&amp;P 500 lost 43.39 points, or 1.11%, to 3,852.36; and the Nasdaq Composite dropped 105.11 points, or 0.97%, to 10,705.41.</p><p>For the week, the Dow lost 1.66%, the S&amp;P fell 2.09% and the Nasdaq declined 2.72%.</p><p>Money market bets show at least two 25 bps rate hikes next year and a terminal rate of about 4.8% by midyear, before falling to around 4.4% by the end of 2023.</p><p>On the economic front, a report showed U.S. business activity contracted further in December as new orders slumped to their lowest level in just over 2-1/2 years, although easing demand helped cool inflation.</p><p>The tech-heavy Nasdaq on Thursday closed below its 50-day moving average, a key technical level seen as sign of momentum. On Friday, the S&amp;P also closed below its 50-day moving average.</p><p>The prospects of a &#34;Santa Claus rally&#34;, or year-end uptick, in markets this year have dimmed, as the majority of global central banks have adopted tightening policies. The Bank of England and the European Central Bank were the most recent to indicate an extended rate-hike cycle on Thursday.</p><p>Markets pared losses in the last hour of trading, however, possibly due in part to the simultaneous expiration of stock options, stock index futures and index options contracts, known as triple witching, which can exacerbate market volatility.</p><p>Each of the 11 major S&amp;P 500 sector indexes were in the red, led lower by a drop of more than 2.96% in real estate stocks .</p><p><a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc advanced 2.82% after J.P. Morgan upgraded the stock to &#34;overweight&#34; from &#34;neutral,&#34; while Adobe Inc gained 2.99% after the Photoshop maker forecast first-quarter profit above expectations.</p><p>Exact Sciences Corp surged 16.39% after rival Guardant Health Inc&#39;s cancer test missed expectations, while General Motors Co lost 3.91% after its robotaxi unit Cruise faced a safety probe by U.S. auto safety regulators.</p><p>Volume on U.S. exchanges was 17.28 billion shares, compared with the x.xx billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.47-to-1 ratio; on Nasdaq, a 1.66-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted one new 52-week high and 18 new lows; the Nasdaq Composite recorded 79 new highs and 392 new lows.</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 Street Ends Lower for Third Straight Day As Recession Worries Rise</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 Street Ends Lower for Third Straight Day As Recession Worries Rise\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\">2022-12-17 05:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - U.S. stocks dropped for a third straight session and suffered a second straight week of losses on Friday as fears continued to mount that the Federal Reserve&#39;s campaign to arrest inflation would tilt the economy into a recession.</p><p>Equities have been staggered since the U.S. central bank&#39;s decision to raise interest rates by 50 basis points (bps), as expected. But comments from Fed Chair Jerome Powell signaled more policy tightening, and the central bank projected that interest rates would top the 5% mark in 2023, a level not seen since 2007.</p><p>Further comments from other Fed officials fueled the concern. New York Fed President John Williams said on Friday it remains possible the U.S. central bank will raise rates more than it expects next year. The policymaker added that he does not anticipate a recession due to the Fed&#39;s aggressive tightening.</p><p>In addition, San Francisco Federal Reserve Bank President Mary Daly said it is &#34;reasonable&#34; to believe that once the Fed&#39;s policy rates reached their peak, they could stay there into 2024.</p><p>&#34;It feels as if finally the market is starting to understand that bad news is bad news, and that is what is starting to occur. Since the October bottoms, the market has continued to price in what I would consider a substantial amount of optimism at the fact the Fed could navigate and pilot a successful soft landing,&#34; said Dave Wagner, equity analyst and portfolio manager for Aptus Capital Advisors in Cincinnati.</p><p>&#34;Finally, the market is taking into consideration that bad news should mean bad things for the market.&#34;</p><p>The Dow Jones Industrial Average fell 281.76 points, or 0.85%, to 32,920.46; the S&amp;P 500 lost 43.39 points, or 1.11%, to 3,852.36; and the Nasdaq Composite dropped 105.11 points, or 0.97%, to 10,705.41.</p><p>For the week, the Dow lost 1.66%, the S&amp;P fell 2.09% and the Nasdaq declined 2.72%.</p><p>Money market bets show at least two 25 bps rate hikes next year and a terminal rate of about 4.8% by midyear, before falling to around 4.4% by the end of 2023.</p><p>On the economic front, a report showed U.S. business activity contracted further in December as new orders slumped to their lowest level in just over 2-1/2 years, although easing demand helped cool inflation.</p><p>The tech-heavy Nasdaq on Thursday closed below its 50-day moving average, a key technical level seen as sign of momentum. On Friday, the S&amp;P also closed below its 50-day moving average.</p><p>The prospects of a &#34;Santa Claus rally&#34;, or year-end uptick, in markets this year have dimmed, as the majority of global central banks have adopted tightening policies. The Bank of England and the European Central Bank were the most recent to indicate an extended rate-hike cycle on Thursday.</p><p>Markets pared losses in the last hour of trading, however, possibly due in part to the simultaneous expiration of stock options, stock index futures and index options contracts, known as triple witching, which can exacerbate market volatility.</p><p>Each of the 11 major S&amp;P 500 sector indexes were in the red, led lower by a drop of more than 2.96% in real estate stocks .</p><p><a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc advanced 2.82% after J.P. Morgan upgraded the stock to &#34;overweight&#34; from &#34;neutral,&#34; while Adobe Inc gained 2.99% after the Photoshop maker forecast first-quarter profit above expectations.</p><p>Exact Sciences Corp surged 16.39% after rival Guardant Health Inc&#39;s cancer test missed expectations, while General Motors Co lost 3.91% after its robotaxi unit Cruise faced a safety probe by U.S. auto safety regulators.</p><p>Volume on U.S. exchanges was 17.28 billion shares, compared with the x.xx billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.47-to-1 ratio; on Nasdaq, a 1.66-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted one new 52-week high and 18 new lows; the Nasdaq Composite recorded 79 new highs and 392 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4539":"次新股","BK4504":"桥水持仓","BK4139":"生物科技","BK4550":"红杉资本持仓","BK4007":"制药",".IXIC":"NASDAQ Composite","BK4585":"ETF&股票定投概念","BK4559":"巴菲特持仓","BK4196":"保健护理服务",".SPX":"S&P 500 Index","BK4581":"高盛持仓","BK4534":"瑞士信贷持仓","BK4082":"医疗保健设备",".DJI":"道琼斯","BK4079":"房地产服务"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2292062240","content_text":"(Reuters) - U.S. stocks dropped for a third straight session and suffered a second straight week of losses on Friday as fears continued to mount that the Federal Reserve's campaign to arrest inflation would tilt the economy into a recession.Equities have been staggered since the U.S. central bank's decision to raise interest rates by 50 basis points (bps), as expected. But comments from Fed Chair Jerome Powell signaled more policy tightening, and the central bank projected that interest rates would top the 5% mark in 2023, a level not seen since 2007.Further comments from other Fed officials fueled the concern. New York Fed President John Williams said on Friday it remains possible the U.S. central bank will raise rates more than it expects next year. The policymaker added that he does not anticipate a recession due to the Fed's aggressive tightening.In addition, San Francisco Federal Reserve Bank President Mary Daly said it is \"reasonable\" to believe that once the Fed's policy rates reached their peak, they could stay there into 2024.\"It feels as if finally the market is starting to understand that bad news is bad news, and that is what is starting to occur. Since the October bottoms, the market has continued to price in what I would consider a substantial amount of optimism at the fact the Fed could navigate and pilot a successful soft landing,\" said Dave Wagner, equity analyst and portfolio manager for Aptus Capital Advisors in Cincinnati.\"Finally, the market is taking into consideration that bad news should mean bad things for the market.\"The Dow Jones Industrial Average fell 281.76 points, or 0.85%, to 32,920.46; the S&P 500 lost 43.39 points, or 1.11%, to 3,852.36; and the Nasdaq Composite dropped 105.11 points, or 0.97%, to 10,705.41.For the week, the Dow lost 1.66%, the S&P fell 2.09% and the Nasdaq declined 2.72%.Money market bets show at least two 25 bps rate hikes next year and a terminal rate of about 4.8% by midyear, before falling to around 4.4% by the end of 2023.On the economic front, a report showed U.S. business activity contracted further in December as new orders slumped to their lowest level in just over 2-1/2 years, although easing demand helped cool inflation.The tech-heavy Nasdaq on Thursday closed below its 50-day moving average, a key technical level seen as sign of momentum. On Friday, the S&P also closed below its 50-day moving average.The prospects of a \"Santa Claus rally\", or year-end uptick, in markets this year have dimmed, as the majority of global central banks have adopted tightening policies. The Bank of England and the European Central Bank were the most recent to indicate an extended rate-hike cycle on Thursday.Markets pared losses in the last hour of trading, however, possibly due in part to the simultaneous expiration of stock options, stock index futures and index options contracts, known as triple witching, which can exacerbate market volatility.Each of the 11 major S&P 500 sector indexes were in the red, led lower by a drop of more than 2.96% in real estate stocks .Meta Platforms Inc advanced 2.82% after J.P. Morgan upgraded the stock to \"overweight\" from \"neutral,\" while Adobe Inc gained 2.99% after the Photoshop maker forecast first-quarter profit above expectations.Exact Sciences Corp surged 16.39% after rival Guardant Health Inc's cancer test missed expectations, while General Motors Co lost 3.91% after its robotaxi unit Cruise faced a safety probe by U.S. auto safety regulators.Volume on U.S. exchanges was 17.28 billion shares, compared with the x.xx billion average for the full session over the last 20 trading days.Declining issues outnumbered advancing ones on the NYSE by a 2.47-to-1 ratio; on Nasdaq, a 1.66-to-1 ratio favored decliners.The S&P 500 posted one new 52-week high and 18 new lows; the Nasdaq Composite recorded 79 new highs and 392 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":391,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9928037635,"gmtCreate":1671149185027,"gmtModify":1676538498722,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4099969523946750","authorIdStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":18,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9928037635","repostId":"2291168016","repostType":4,"repost":{"id":"2291168016","pubTimestamp":1671148936,"share":"https://ttm.financial/m/news/2291168016?lang=&edition=fundamental","pubTime":"2022-12-16 08:02","market":"us","language":"en","title":"Stocks Could Face Another Explosion of Volatility Friday As $4 Trillion of Options Expire in \"Quadruple Witching\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2291168016","media":"MarketWatch","summary":"Dow books affliction day in 3 month Thursday as recession fears rear alternate upThe banal bazaar co","content":"<html><head></head><body><p>Dow books affliction day in 3 month Thursday as recession fears rear alternate up</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f364b30b0ddc76e531ee4f6d1228eedb\" tg-width=\"1280\" tg-height=\"640\" referrerpolicy=\"no-referrer\"/><span>The banal bazaar could really-feel a little grumpier than accepted on Friday while “quadruple witching” rolls all over and a abundance of disinterestedness options and futures are set to expire.</span></p><p>Stocks have been on a agrarian ride this week, and altitude could still get weirder as traders brace for “quadruple witching” on Friday, while a flurry of disinterestedness options and futures affairs expire.</p><p>In particular, options affairs angry to $4 abundance in stocks, stock-index futures and exchange-traded payments are set to expire, authoritative Friday potentially the busiest day for options traders this year, in accordance to abstracts aggregate by Rocky Fishman, the arch of basis animation analysis at Goldman Sachs.</p><p>The term “quadruple witching” refers to days when a group of equity-linked options and futures contracts expire, such as tradestation telling. This only happens four times a year, once every quarter.</p><p><img src=\"https://static.tigerbbs.com/61ca827ef2d73c594ab99cd494f07b72\" tg-width=\"700\" tg-height=\"413\" referrerpolicy=\"no-referrer\"/></p><p>Additionally, the biggest slug of equity options expires in December, and this year is no exception, Fishman said, as the $4 trillion expiring Friday is the largest option exposure since at least the beginning of the year.</p><p>Reliance on options by both retail and institutional traders has increased this year as traders turn to short-term contracts to try to profit from large, last-minute swings, according to Callie Cox, US. Investment Analyst at eToro.</p><p>“We’ve seen a lot of retail clients look to options at the end of the year to think about hedging and speculating,” Cox said, adding that on Friday “there was going to be a huge option expiration.”</p><p>Options involving $2.4 trillion in S&amp;P 500 index futures are expected to be the main event on Friday, with hundreds of thousands of contracts with strike prices centered around the 4,000 level set to expire, according to Brent Kochuba, founder of options analytical service Spotgama.</p><p>Puts and calls on the large-cap index are “very focused on the 4,000 strike,” Kochuba said in emailed comments to MarketWatch, adding that the recent turbulence in the markets suggests that traders may be underestimating That’s how volatile markets can be at the end of the year.</p><p>The low level of liquidity, which is typical during the latter half of December, could weigh on stocks further as options dealers scramble to adjust their positions accordingly, said Garrett DeSimone, principal quant at Options Metrics.</p><p>“Large hypothetical expirations can cause turbulence, especially during periods of increased volatility or constrained liquidity. When large amounts are flushed through gamma expirations, it is important for market makers to adjust their delta hedges. Rebalancing has to go through. This can lead to short-term volatility in the markets, which can lead to higher volatility,” DeSimone said.</p><p>US stocks declined on Thursday, with the Dow Jones Industrial Average falling over 750 points to book its worst day in three months. S&amp;P 500 recorded its worst day in more than two months, while the Nasdaq Composite, It recorded its biggest decline since the beginning of November.</p></body></html>","source":"lsy1603348471595","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>Stocks Could Face Another Explosion of Volatility Friday As $4 Trillion of Options Expire in \"Quadruple Witching\"</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\">\nStocks Could Face Another Explosion of Volatility Friday As $4 Trillion of Options Expire in \"Quadruple Witching\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-16 08:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/stocks-could-face-another-explosion-of-volatility-friday-as-4-trillion-of-options-expire-in-quadruple-witching-11671142359?mod=dist_amp_social&link=sfmw_tw&redirect=amp><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dow books affliction day in 3 month Thursday as recession fears rear alternate upThe banal bazaar could really-feel a little grumpier than accepted on Friday while “quadruple witching” rolls all over ...</p>\n\n<a href=\"https://www.marketwatch.com/story/stocks-could-face-another-explosion-of-volatility-friday-as-4-trillion-of-options-expire-in-quadruple-witching-11671142359?mod=dist_amp_social&link=sfmw_tw&redirect=amp\">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.marketwatch.com/story/stocks-could-face-another-explosion-of-volatility-friday-as-4-trillion-of-options-expire-in-quadruple-witching-11671142359?mod=dist_amp_social&link=sfmw_tw&redirect=amp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2291168016","content_text":"Dow books affliction day in 3 month Thursday as recession fears rear alternate upThe banal bazaar could really-feel a little grumpier than accepted on Friday while “quadruple witching” rolls all over and a abundance of disinterestedness options and futures are set to expire.Stocks have been on a agrarian ride this week, and altitude could still get weirder as traders brace for “quadruple witching” on Friday, while a flurry of disinterestedness options and futures affairs expire.In particular, options affairs angry to $4 abundance in stocks, stock-index futures and exchange-traded payments are set to expire, authoritative Friday potentially the busiest day for options traders this year, in accordance to abstracts aggregate by Rocky Fishman, the arch of basis animation analysis at Goldman Sachs.The term “quadruple witching” refers to days when a group of equity-linked options and futures contracts expire, such as tradestation telling. This only happens four times a year, once every quarter.Additionally, the biggest slug of equity options expires in December, and this year is no exception, Fishman said, as the $4 trillion expiring Friday is the largest option exposure since at least the beginning of the year.Reliance on options by both retail and institutional traders has increased this year as traders turn to short-term contracts to try to profit from large, last-minute swings, according to Callie Cox, US. Investment Analyst at eToro.“We’ve seen a lot of retail clients look to options at the end of the year to think about hedging and speculating,” Cox said, adding that on Friday “there was going to be a huge option expiration.”Options involving $2.4 trillion in S&P 500 index futures are expected to be the main event on Friday, with hundreds of thousands of contracts with strike prices centered around the 4,000 level set to expire, according to Brent Kochuba, founder of options analytical service Spotgama.Puts and calls on the large-cap index are “very focused on the 4,000 strike,” Kochuba said in emailed comments to MarketWatch, adding that the recent turbulence in the markets suggests that traders may be underestimating That’s how volatile markets can be at the end of the year.The low level of liquidity, which is typical during the latter half of December, could weigh on stocks further as options dealers scramble to adjust their positions accordingly, said Garrett DeSimone, principal quant at Options Metrics.“Large hypothetical expirations can cause turbulence, especially during periods of increased volatility or constrained liquidity. When large amounts are flushed through gamma expirations, it is important for market makers to adjust their delta hedges. Rebalancing has to go through. This can lead to short-term volatility in the markets, which can lead to higher volatility,” DeSimone said.US stocks declined on Thursday, with the Dow Jones Industrial Average falling over 750 points to book its worst day in three months. S&P 500 recorded its worst day in more than two months, while the Nasdaq Composite, It recorded its biggest decline since the beginning of November.","news_type":1},"isVote":1,"tweetType":1,"viewCount":464,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9921129151,"gmtCreate":1671001720373,"gmtModify":1676538474162,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4099969523946750","authorIdStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9921129151","repostId":"1139883493","repostType":4,"repost":{"id":"1139883493","pubTimestamp":1670980450,"share":"https://ttm.financial/m/news/1139883493?lang=&edition=fundamental","pubTime":"2022-12-14 09:14","market":"us","language":"en","title":"Fed to Downshift to Half-Point Hike But Point to Higher Peak","url":"https://stock-news.laohu8.com/highlight/detail?id=1139883493","media":"Bloomberg","summary":"Fed officials are expected to raise rates by 50 basis pointsFresh projections could shed light on ho","content":"<html><head></head><body><ul><li>Fed officials are expected to raise rates by 50 basis points</li><li>Fresh projections could shed light on how high rates may go</li></ul><p>The Federal Reserve is poised to moderate its aggressive tightening on Wednesday while signaling that interest rates will ultimately go higher than previously forecast.</p><p>The tricky part for Chair Jerome Powell will be convincing investors that this isn’t a dovish pivot and that officials won’t prematurely end their assault against inflation that’s running three times higher than their 2% goal.</p><p>The Federal Open Market Committee is widely expected to raise rates by 50 basis points and bring its benchmark target rate to a range of 4.25% to 4.5%, the highest since 2007. Fresh quarterly economic projections released after the meeting will also shed light on how much further policymakers expect rates to go.</p><p>Economists surveyed by Bloomberg see that median estimate peaking at 4.9% after Powell said they will need to lift rates higher than previously anticipated. That implies the FOMC stepping down to 25 basis-point moves in February and March and then putting policy on pause. Investors see things the same way, according to current pricing in interest-rate futures markets.</p><p>The decision, as well as the forecasts, will be announced at 2 p.m. in Washington. Powell will hold a press conference 30 minutes later.</p><p><img src=\"https://static.tigerbbs.com/09990cf4428c3d4cf8dcde939b151e00\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/></p><p>Consumer-price data released Tuesday suggest the worst of US inflation may have passed, making it easier for officials to downshift to a smaller rate increase this week. But Powell could use his press conference to remind the public that officials are not going to let up until inflation is clearly on a path back down to 2%.</p><p>“All eyes will be on the dot plot and the conference and what Fed Chair Powell will be telling us in terms of the path for interest rates going forward,” said Lydia Boussour, senior economist for EY Parthenon, referring to the quarterly projections for rates displayed as a chart of anonymous dots though 2025 and in the longer run.</p><h2>Future Rate Path</h2><p>At their September meeting, Fed officials saw rates reaching 4.6% by the end of next year. But policymakers say those expectations have since moved up following economic data showing that while inflation is easing, it remains stubbornly high.</p><p>Officials also say the labor market is still out of balance, with demand for workers exceeding labor supply and wage growth not letting up.</p><p>The projections will offer insight on policymakers’ latest views for where they expect rates to go. But the Fed chief is unlikely to commit to a specific path, preferring to keep his options open, said Michael Pugliese, an economist at Wells Fargo &amp; Co.</p><p>“I think they’ll preserve flexibility,” he said.</p><h2>Conditions for Pause</h2><p>The rate projections could offer clues on how soon officials expect to pause the rate increases. For example, a more modest increase in the terminal rate may suggest that officials could stop hiking rates as soon as March, while a higher peak may suggest that rate increases could continue further into next year, said Tim Duy, chief U.S. economist for SGH Macro Advisors.</p><p>But he said it will also be important to hear from Powell about how officials will know that it’s time to pause the rate increases or if they should keep hiking.</p><p>“They’ve been edging closer to something that they think is a terminal rate and that appears to be something near 5%,” said Duy. “What conditions would sort of reinforce that?”</p><h2>‘Ongoing’ Increases?</h2><p>One key phrase to watch for in the FOMC statement is whether officials continue to say that “ongoing increases in the target range will be appropriate” to bring rates to a level that is sufficiently restrictive to reduce inflation.</p><p>Removing the word “ongoing” could send a dovish signal and suggest that the Fed is likely to pause rate increases in March, sooner than expected, according to Roberto Perli and Benson Durham of Piper Sandler &amp; Co.</p><p>However, Fed officials could also decide to keep the “ongoing increases” wording in the statement for the remainder of the hiking cycle to avoid sending a signal that could ease financial conditions, said Derek Tang, an economist with LH Meyer.</p><p>“There’s little cost to them to keep ‘ongoing increases’ in there until the first meeting with no hike,” Tang wrote in an email note.</p><h2>Economic Pain</h2><p>The projections will also reveal what officials expect to see from the US economy in terms of growth, the unemployment rate and inflation. Forecasts showing that officials now expect it to take longer for inflation to come down to their target could help to justify their higher interest-rate projections, said James Knightley, chief international economist for ING.</p><p><img src=\"https://static.tigerbbs.com/aa9440bed9d42f2a1aea754f85ebc642\" tg-width=\"933\" tg-height=\"646\" referrerpolicy=\"no-referrer\"/></p><p>Policymakers could downgrade their outlook for next year, projecting lower economic growth that is closer to zero and a higher unemployment rate that is approaching 5%, up from the current rate of 3.7%, said EY Parthenon’s Boussour.</p><p>“I think there will be that idea coming out of the new projections that the Fed is ready to tolerate some more economic pain in order to restore price stability,” she said.</p><h2>Soft Landing Odds</h2><p>Even if officials present a base case that avoids a recession, the direction of where those indicators are headed can offer insight on how officials view recession risks, said Pugliese.</p><p>Powell could use the press conference to tell the public that officials believe there is still a path, albeit a narrower one, for a achieving a soft landing, where they succeed in bringing inflation down while minimizing the pain for households, said Knightley.</p><p>“I think the Fed will be saying, ‘well recession is a possibility, but it’s not our base case,’” he said.</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>Fed to Downshift to Half-Point Hike But Point to Higher Peak</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed to Downshift to Half-Point Hike But Point to Higher Peak\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-14 09:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-12-14/fed-decision-day-guide-officials-to-downshift-rate-hikes-aim-for-higher-peak><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed officials are expected to raise rates by 50 basis pointsFresh projections could shed light on how high rates may goThe Federal Reserve is poised to moderate its aggressive tightening on Wednesday ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-12-14/fed-decision-day-guide-officials-to-downshift-rate-hikes-aim-for-higher-peak\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2022-12-14/fed-decision-day-guide-officials-to-downshift-rate-hikes-aim-for-higher-peak","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139883493","content_text":"Fed officials are expected to raise rates by 50 basis pointsFresh projections could shed light on how high rates may goThe Federal Reserve is poised to moderate its aggressive tightening on Wednesday while signaling that interest rates will ultimately go higher than previously forecast.The tricky part for Chair Jerome Powell will be convincing investors that this isn’t a dovish pivot and that officials won’t prematurely end their assault against inflation that’s running three times higher than their 2% goal.The Federal Open Market Committee is widely expected to raise rates by 50 basis points and bring its benchmark target rate to a range of 4.25% to 4.5%, the highest since 2007. Fresh quarterly economic projections released after the meeting will also shed light on how much further policymakers expect rates to go.Economists surveyed by Bloomberg see that median estimate peaking at 4.9% after Powell said they will need to lift rates higher than previously anticipated. That implies the FOMC stepping down to 25 basis-point moves in February and March and then putting policy on pause. Investors see things the same way, according to current pricing in interest-rate futures markets.The decision, as well as the forecasts, will be announced at 2 p.m. in Washington. Powell will hold a press conference 30 minutes later.Consumer-price data released Tuesday suggest the worst of US inflation may have passed, making it easier for officials to downshift to a smaller rate increase this week. But Powell could use his press conference to remind the public that officials are not going to let up until inflation is clearly on a path back down to 2%.“All eyes will be on the dot plot and the conference and what Fed Chair Powell will be telling us in terms of the path for interest rates going forward,” said Lydia Boussour, senior economist for EY Parthenon, referring to the quarterly projections for rates displayed as a chart of anonymous dots though 2025 and in the longer run.Future Rate PathAt their September meeting, Fed officials saw rates reaching 4.6% by the end of next year. But policymakers say those expectations have since moved up following economic data showing that while inflation is easing, it remains stubbornly high.Officials also say the labor market is still out of balance, with demand for workers exceeding labor supply and wage growth not letting up.The projections will offer insight on policymakers’ latest views for where they expect rates to go. But the Fed chief is unlikely to commit to a specific path, preferring to keep his options open, said Michael Pugliese, an economist at Wells Fargo & Co.“I think they’ll preserve flexibility,” he said.Conditions for PauseThe rate projections could offer clues on how soon officials expect to pause the rate increases. For example, a more modest increase in the terminal rate may suggest that officials could stop hiking rates as soon as March, while a higher peak may suggest that rate increases could continue further into next year, said Tim Duy, chief U.S. economist for SGH Macro Advisors.But he said it will also be important to hear from Powell about how officials will know that it’s time to pause the rate increases or if they should keep hiking.“They’ve been edging closer to something that they think is a terminal rate and that appears to be something near 5%,” said Duy. “What conditions would sort of reinforce that?”‘Ongoing’ Increases?One key phrase to watch for in the FOMC statement is whether officials continue to say that “ongoing increases in the target range will be appropriate” to bring rates to a level that is sufficiently restrictive to reduce inflation.Removing the word “ongoing” could send a dovish signal and suggest that the Fed is likely to pause rate increases in March, sooner than expected, according to Roberto Perli and Benson Durham of Piper Sandler & Co.However, Fed officials could also decide to keep the “ongoing increases” wording in the statement for the remainder of the hiking cycle to avoid sending a signal that could ease financial conditions, said Derek Tang, an economist with LH Meyer.“There’s little cost to them to keep ‘ongoing increases’ in there until the first meeting with no hike,” Tang wrote in an email note.Economic PainThe projections will also reveal what officials expect to see from the US economy in terms of growth, the unemployment rate and inflation. Forecasts showing that officials now expect it to take longer for inflation to come down to their target could help to justify their higher interest-rate projections, said James Knightley, chief international economist for ING.Policymakers could downgrade their outlook for next year, projecting lower economic growth that is closer to zero and a higher unemployment rate that is approaching 5%, up from the current rate of 3.7%, said EY Parthenon’s Boussour.“I think there will be that idea coming out of the new projections that the Fed is ready to tolerate some more economic pain in order to restore price stability,” she said.Soft Landing OddsEven if officials present a base case that avoids a recession, the direction of where those indicators are headed can offer insight on how officials view recession risks, said Pugliese.Powell could use the press conference to tell the public that officials believe there is still a path, albeit a narrower one, for a achieving a soft landing, where they succeed in bringing inflation down while minimizing the pain for households, said Knightley.“I think the Fed will be saying, ‘well recession is a possibility, but it’s not our base case,’” he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9923568938,"gmtCreate":1670887887824,"gmtModify":1676538452164,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4099969523946750","authorIdStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9923568938","repostId":"2291371097","repostType":4,"isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9923384565,"gmtCreate":1670802058658,"gmtModify":1676538434641,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4099969523946750","authorIdStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9923384565","repostId":"1160689342","repostType":4,"repost":{"id":"1160689342","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1670799600,"share":"https://ttm.financial/m/news/1160689342?lang=&edition=fundamental","pubTime":"2022-12-12 07:00","market":"us","language":"en","title":"Inflation Data, Fed Meeting Will Set the Table for 2023: What to Know This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1160689342","media":"Dow Jones","summary":"It will be an eventful week on the macro front for investors and Federal Reserve watchers. November inflation data and a monetarypolicydecision will be the highlights.On Tuesday morning, the Bureau of","content":"<html><head></head><body><p>It will be an eventful week on the macro front for investors and Federal Reserve watchers. November inflation data and a monetary policy decision will be the highlights.</p><p>On Tuesday morning, the Bureau of Labor Statistics will report the November Consumer Price Index. Economists on average are predicting the headline index to be 7.3% higher than a year earlier, compared with a 7.7% rise through October. The Core CPI, which excludes food and energy components, is forecast to be up 6.1%, versus 6.3% a month earlier.</p><p>The Federal Open Market Committee concludes a two-day meeting on Wednesday afternoon. Markets are expecting an increase of 0.5 percentage point in the fed-funds rate, to a target range of 4.25% to 4.50%, following four-straight 0.75 point hikes. The FOMC will also publish its latest Summary of Economic Projections.</p><p>Earnings highlights this week will be Oracle on Monday, Lennar on Wednesday, and Adobe on Thursday. Winnebago Industries, Darden Restaurants, and Accenture will all go on Friday.</p><p>Other economic data out this week will include the Census Bureau’s retail sales data for November on Thursday. The European Central Bank will announce a monetary policy decision on Thursday. A 0.5 percentage point hike is the consensus prediction.</p><h2>Monday 12/12</h2><p><b>Oracle reports earnings</b> for its fiscal second quarter. Analysts are looking for $1.17 per share, down from $1.21 a year ago.</p><h2>Tuesday 12/13</h2><p>Photronics, ABM Industries, Transcontinental, and PHX Minerals announce quarterly financial results.</p><p><b>The House Financial</b> Services Committee meets for an initial hearing investigating the collapse of FTX, the cryptocurrency exchange. FTX founder Sam Bankman-Fried recently told The Wall Street Journal that he couldn’t explain what happened to billions of dollars that FTX customers sent to the bank accounts of his trading firm, Alameda Research.</p><p><b>The Bureau of Labor</b> Statistics releases the consumer price index for November. Economists forecast that the CPI will show an increase of 7.3%, year over year, following a 7.7% jump in October. The core CPI, which excludes volatile food and energy prices, is expected to be up 6.1%, compared with 6.3% in October.</p><h2>Wednesday 12/14</h2><p><b>The Federal Open Market Committee</b> concludes its final two-day meeting of the year. “The time for moderating the pace of rate increases may come as soon as the December meeting,” Chairman Jerome Powell recently said.</p><p><b>Lennar,</b> Nordson, and Trip.com report quarterly results.</p><p><b>The Bureau of Labor Statistics releases</b> its Export Price index, which is believed to have fallen 0.85% in November, after a 0.3% drop in October. Import prices are expected to be down 0.6%, after a 0.2% dip in October.</p><h2>Thursday 12/15</h2><p><b>Adobe and</b> Jabil host earnings conference calls.</p><p><b>The European Central Bank</b> begins its two-day policy meeting in Frankfurt.</p><p><b>The Philadelphia Fed</b> Index, a monthly measure of manufacturing activity, is released. Economists expect a negative 11.5 reading for December, compared with a negative 19.4 in November.</p><p><b>The Census Bureau</b> reports retail sales data for November. The consensus call is for consumer spending to be flat, month over month, while sales excluding autos are seen gaining 0.3%. Both figures rose 1.3% in October.</p><p><b>The Federal Reserve</b> releases November industrial production figures, which measure the output of factories, mines, and utilities. Expect a 0.10% seasonally adjusted rise, after a 0.10% drop in October. Manufacturing production is expected to be up 0.15%, in line with October’s increase. Capacity utilization is expected to be 79.8%, compared with 79.9% in October.</p><h2>Friday 12/16</h2><p><b>Winnebago Industries,</b> Darden Restaurants, and Accenture host earnings conference calls.</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>Inflation Data, Fed Meeting Will Set the Table for 2023: What to Know This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nInflation Data, Fed Meeting Will Set the Table for 2023: What to Know This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-12-12 07:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>It will be an eventful week on the macro front for investors and Federal Reserve watchers. November inflation data and a monetary policy decision will be the highlights.</p><p>On Tuesday morning, the Bureau of Labor Statistics will report the November Consumer Price Index. Economists on average are predicting the headline index to be 7.3% higher than a year earlier, compared with a 7.7% rise through October. The Core CPI, which excludes food and energy components, is forecast to be up 6.1%, versus 6.3% a month earlier.</p><p>The Federal Open Market Committee concludes a two-day meeting on Wednesday afternoon. Markets are expecting an increase of 0.5 percentage point in the fed-funds rate, to a target range of 4.25% to 4.50%, following four-straight 0.75 point hikes. The FOMC will also publish its latest Summary of Economic Projections.</p><p>Earnings highlights this week will be Oracle on Monday, Lennar on Wednesday, and Adobe on Thursday. Winnebago Industries, Darden Restaurants, and Accenture will all go on Friday.</p><p>Other economic data out this week will include the Census Bureau’s retail sales data for November on Thursday. The European Central Bank will announce a monetary policy decision on Thursday. A 0.5 percentage point hike is the consensus prediction.</p><h2>Monday 12/12</h2><p><b>Oracle reports earnings</b> for its fiscal second quarter. Analysts are looking for $1.17 per share, down from $1.21 a year ago.</p><h2>Tuesday 12/13</h2><p>Photronics, ABM Industries, Transcontinental, and PHX Minerals announce quarterly financial results.</p><p><b>The House Financial</b> Services Committee meets for an initial hearing investigating the collapse of FTX, the cryptocurrency exchange. FTX founder Sam Bankman-Fried recently told The Wall Street Journal that he couldn’t explain what happened to billions of dollars that FTX customers sent to the bank accounts of his trading firm, Alameda Research.</p><p><b>The Bureau of Labor</b> Statistics releases the consumer price index for November. Economists forecast that the CPI will show an increase of 7.3%, year over year, following a 7.7% jump in October. The core CPI, which excludes volatile food and energy prices, is expected to be up 6.1%, compared with 6.3% in October.</p><h2>Wednesday 12/14</h2><p><b>The Federal Open Market Committee</b> concludes its final two-day meeting of the year. “The time for moderating the pace of rate increases may come as soon as the December meeting,” Chairman Jerome Powell recently said.</p><p><b>Lennar,</b> Nordson, and Trip.com report quarterly results.</p><p><b>The Bureau of Labor Statistics releases</b> its Export Price index, which is believed to have fallen 0.85% in November, after a 0.3% drop in October. Import prices are expected to be down 0.6%, after a 0.2% dip in October.</p><h2>Thursday 12/15</h2><p><b>Adobe and</b> Jabil host earnings conference calls.</p><p><b>The European Central Bank</b> begins its two-day policy meeting in Frankfurt.</p><p><b>The Philadelphia Fed</b> Index, a monthly measure of manufacturing activity, is released. Economists expect a negative 11.5 reading for December, compared with a negative 19.4 in November.</p><p><b>The Census Bureau</b> reports retail sales data for November. The consensus call is for consumer spending to be flat, month over month, while sales excluding autos are seen gaining 0.3%. Both figures rose 1.3% in October.</p><p><b>The Federal Reserve</b> releases November industrial production figures, which measure the output of factories, mines, and utilities. Expect a 0.10% seasonally adjusted rise, after a 0.10% drop in October. Manufacturing production is expected to be up 0.15%, in line with October’s increase. Capacity utilization is expected to be 79.8%, compared with 79.9% in October.</p><h2>Friday 12/16</h2><p><b>Winnebago Industries,</b> Darden Restaurants, and Accenture host earnings conference calls.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09961":"携程集团—S","ADBE":"Adobe","LEN":"莱纳建筑公司",".DJI":"道琼斯","PLAB":"福尼克斯",".IXIC":"NASDAQ Composite","ABM":"反导工业公司","ORCL":"甲骨文",".SPX":"S&P 500 Index","TCOM":"携程网"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160689342","content_text":"It will be an eventful week on the macro front for investors and Federal Reserve watchers. November inflation data and a monetary policy decision will be the highlights.On Tuesday morning, the Bureau of Labor Statistics will report the November Consumer Price Index. Economists on average are predicting the headline index to be 7.3% higher than a year earlier, compared with a 7.7% rise through October. The Core CPI, which excludes food and energy components, is forecast to be up 6.1%, versus 6.3% a month earlier.The Federal Open Market Committee concludes a two-day meeting on Wednesday afternoon. Markets are expecting an increase of 0.5 percentage point in the fed-funds rate, to a target range of 4.25% to 4.50%, following four-straight 0.75 point hikes. The FOMC will also publish its latest Summary of Economic Projections.Earnings highlights this week will be Oracle on Monday, Lennar on Wednesday, and Adobe on Thursday. Winnebago Industries, Darden Restaurants, and Accenture will all go on Friday.Other economic data out this week will include the Census Bureau’s retail sales data for November on Thursday. The European Central Bank will announce a monetary policy decision on Thursday. A 0.5 percentage point hike is the consensus prediction.Monday 12/12Oracle reports earnings for its fiscal second quarter. Analysts are looking for $1.17 per share, down from $1.21 a year ago.Tuesday 12/13Photronics, ABM Industries, Transcontinental, and PHX Minerals announce quarterly financial results.The House Financial Services Committee meets for an initial hearing investigating the collapse of FTX, the cryptocurrency exchange. FTX founder Sam Bankman-Fried recently told The Wall Street Journal that he couldn’t explain what happened to billions of dollars that FTX customers sent to the bank accounts of his trading firm, Alameda Research.The Bureau of Labor Statistics releases the consumer price index for November. Economists forecast that the CPI will show an increase of 7.3%, year over year, following a 7.7% jump in October. The core CPI, which excludes volatile food and energy prices, is expected to be up 6.1%, compared with 6.3% in October.Wednesday 12/14The Federal Open Market Committee concludes its final two-day meeting of the year. “The time for moderating the pace of rate increases may come as soon as the December meeting,” Chairman Jerome Powell recently said.Lennar, Nordson, and Trip.com report quarterly results.The Bureau of Labor Statistics releases its Export Price index, which is believed to have fallen 0.85% in November, after a 0.3% drop in October. Import prices are expected to be down 0.6%, after a 0.2% dip in October.Thursday 12/15Adobe and Jabil host earnings conference calls.The European Central Bank begins its two-day policy meeting in Frankfurt.The Philadelphia Fed Index, a monthly measure of manufacturing activity, is released. Economists expect a negative 11.5 reading for December, compared with a negative 19.4 in November.The Census Bureau reports retail sales data for November. The consensus call is for consumer spending to be flat, month over month, while sales excluding autos are seen gaining 0.3%. Both figures rose 1.3% in October.The Federal Reserve releases November industrial production figures, which measure the output of factories, mines, and utilities. Expect a 0.10% seasonally adjusted rise, after a 0.10% drop in October. Manufacturing production is expected to be up 0.15%, in line with October’s increase. Capacity utilization is expected to be 79.8%, compared with 79.9% in October.Friday 12/16Winnebago Industries, Darden Restaurants, and Accenture host earnings conference calls.","news_type":1},"isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9929703387,"gmtCreate":1670726598550,"gmtModify":1676538423902,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4099969523946750","authorIdStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9929703387","repostId":"2290213223","repostType":4,"repost":{"id":"2290213223","pubTimestamp":1670723606,"share":"https://ttm.financial/m/news/2290213223?lang=&edition=fundamental","pubTime":"2022-12-11 09:53","market":"us","language":"en","title":"Why Stock-Market Investors Shouldn’t Count on a \"Santa Claus\" Rally This Year","url":"https://stock-news.laohu8.com/highlight/detail?id=2290213223","media":"MarketWatch","summary":"‘The Santa Claus rally is canceled this year,’ says economistU.S. stocks tend to rally in the final ","content":"<html><head></head><body><p>‘The Santa Claus rally is canceled this year,’ says economist</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e0a959345916d49ecfb90abc84cc5b97\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>U.S. stocks tend to rally in the final week of December, and carry the upswing into early January. But a holiday bounce this year likely hinges on next week’s Federal Reserve rate decision and fresh inflation data.</span></p><p>Investors, like kids on Christmas Eve, have come to expect Santa Claus will get down the chimney, march over to Wall Street and deliver the rewarding gift of a stock-market rally.</p><p>This year, however, investors might be better off betting on a lump of coal, rather than waiting for tangible stock-market gains to emerge in this holiday season, market analysts said.</p><p>“The Santa Claus rally is canceled this year as the equity market navigates higher yields and contracting earnings,” said José Torres, senior economist at Interactive Brokers. “Seasonal tailwinds that have traditionally driven Santa Claus rallies pale in comparison to the plethora of headwinds the equity market currently faces.”</p><p>U.S. stock indexes tumbled this week, with the S&amp;P 500 and the Dow Jones Industrial Average both booking their sharpest weekly declines in nearly three months, according to Dow Jones Market Data. The drop occurred as stronger-than-expected economic data added to concerns that the Federal Reserve might need to be more aggressive in its inflation battle than earlier anticipated, even with alarms flashing about a potential economic recession.</p><p>Santa Claus tends to come to Wall Street almost every year, bringing a short rally in the last five trading days of December, and the first two days of January. Since 1969, the Santa Rally has boosted the S&amp;P 500 by an average of 1.3%, according to data from Stock Trader’s Almanac.</p><p>“December is the seasonally strongest month of the year, particularly in a midterm election year. So, December has been positive most of the time,” said David Keller, chief market strategist at StockCharts.com. “It would actually be very unusual for stocks to sell off dramatically in December.”</p><p><b>Will Wall Street get a Santa Claus Rally?</b></p><p>A rotten year for financial assets has begun drawing to a close under a cloud of uncertainty. Given the Federal Reserve’s tough stance on bringing inflation down to its 2% target and already volatile financial markets, many analysts think investors shouldn’t focus too much on whether Santa Claus ends up being naughty or nice.</p><p>“Next week is going to be a huge week for the markets as they attempt to find some footing heading into year end,” said Cliff Hodge, chief investment officer at Cornerstone Wealth, in emailed comments Friday.</p><p>That makes the Fed’s rate decisions next week and fresh inflation data even more crucial to equity markets. Friday’s wholesale prices rose more than expected in November, dampening hopes that inflation might be cooling off. The core producer-price index, which excludes volatile food, energy and trade prices, also rose 0.3% in November, up from a 0.2% gain in the prior month, the Labor Department said.</p><p>The corresponding November consumer-price index report, due at 8:30 a.m. Eastern on Tuesday, will further show if inflation is subsiding.The CPI increased 0.4% in October and 7.7% from a year ago. The core reading increased 0.3% for the month and 6.3% on an annual basis.</p><p>“If the CPI print comes in at 5% on core, then you’d get a real selloff in bonds and in equities. If inflation is still running hotter and you have a recession, can the Fed cut rates? Maybe not. Then you start getting into the stagflation scenarios,” said Ron Temple, head of U.S. equities at Lazard Asset Management.</p><p>Traders are pricing in a 77% probability that the Fed will raise its policy interest rate by 50 basis points to a range of 4.25% to 4.50% next Wednesday, the last day of its Dec. 13-14 meeting, according to the CME FedWatch tool.That would be a slower pace than its four consecutive 0.75 point rate hikes since June.</p><p>John Porter, chief investment officer and head of equity at Newton Investment Management, expects no surprises next week in terms of how much the Fed will raise interest rates. He does, however, anticipate stock-market investors will closely watch Fed Chair Powell’s press conference for insights into the decision and “hang on every single word.”</p><p>“Investors are contorting themselves almost into a pretzel and trying to over-interpret the language,” Porter told MarketWatch via phone. “Listen to what they say, not listen to what you want them to say. They [Fed officials] are going to continue to be vigilant, and they have to watch inflation.”</p><p><b>Does the ‘Santa’ rally really exist?</b></p><p>For years, market analysts have examined potential reasons for the typical seasonal Santa Claus pattern. But with this year still awash in red, some think a rally in late December could become a self-fulfilling prophecy, simply because investors might search for any reason to be slightly merry.</p><p>“If everyone’s focused on the positive seasonals, it could become more of this narrative that drives things rather than anything more fundamental,” David Lefkowitz, head of equities Americas of UBS Global Wealth Management, told MarketWatch via phone.</p><p>“Markets tend to like the holly-jolly spending season so much, so there’s a name for the rally that tends to happen at the end of the year,” said Liz Young, head of investment strategy at SoFi. “For what it’s worth, I think ‘Santa Claus Rally’ holds as much predictive power as ‘Sell in May and Walk Away,’ which is minimal and coincidental at best.”</p><p><b>Relief rally’s big tests</b></p><p>While the three main U.S. stock indexes booked sharply weekly losses, equities have rallied off the October lows. The S&amp;P 500 has rallied 9.9% from its October low through Friday, while the Dow Jones Industrial AverageDJIA,-0.90%gained 16.5% and the Nasdaq Composite advanced 6.6%, according to Dow Jones Market Data.</p><p>However, many top Wall Street analysts also see reasons for alarm, specifically that the stock market’s bounce off the recent lows is likely running out of room.</p><p>So, are investors ignoring warnings? Despite talk of the seeming inevitability of a year-end rally, several recent rally attempts failed, while Wall Street’s CBOE Volatility Index, or “fear gauge,” was at 22.86 at Friday’s close. A drop below 20 on the VIX can signify that investor fears about potential market ructions are easing.</p><p>U.S. stock indexes closed down on Friday with the S&amp;P 500 losing 0.7%. The Dow dropped 0.9%, and the Nasdaq shed 0.7%. Three major indexes booked a week of sizable losses with the S&amp;P 500 posting a weekly decline of 3.4%. The Dow declined by 2.8% and the Nasdaq Composite was down nearly 4% this week, according to Dow Jones Market Data.</p><p>Next week, not long after the CPI and the Fed decision, investors will also receive November retail sales data and industrial production index on Thursday, followed by the S&amp;P Global’s flash PMI readings on Friday.</p></body></html>","source":"lsy1603348471595","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>Why Stock-Market Investors Shouldn’t Count on a \"Santa Claus\" Rally This Year</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\">\nWhy Stock-Market Investors Shouldn’t Count on a \"Santa Claus\" Rally This Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-11 09:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/why-stock-market-investors-shouldnt-count-on-a-santa-claus-rally-this-year-11670628375?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>‘The Santa Claus rally is canceled this year,’ says economistU.S. stocks tend to rally in the final week of December, and carry the upswing into early January. But a holiday bounce this year likely ...</p>\n\n<a href=\"https://www.marketwatch.com/story/why-stock-market-investors-shouldnt-count-on-a-santa-claus-rally-this-year-11670628375?mod=home-page\">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",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/why-stock-market-investors-shouldnt-count-on-a-santa-claus-rally-this-year-11670628375?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2290213223","content_text":"‘The Santa Claus rally is canceled this year,’ says economistU.S. stocks tend to rally in the final week of December, and carry the upswing into early January. But a holiday bounce this year likely hinges on next week’s Federal Reserve rate decision and fresh inflation data.Investors, like kids on Christmas Eve, have come to expect Santa Claus will get down the chimney, march over to Wall Street and deliver the rewarding gift of a stock-market rally.This year, however, investors might be better off betting on a lump of coal, rather than waiting for tangible stock-market gains to emerge in this holiday season, market analysts said.“The Santa Claus rally is canceled this year as the equity market navigates higher yields and contracting earnings,” said José Torres, senior economist at Interactive Brokers. “Seasonal tailwinds that have traditionally driven Santa Claus rallies pale in comparison to the plethora of headwinds the equity market currently faces.”U.S. stock indexes tumbled this week, with the S&P 500 and the Dow Jones Industrial Average both booking their sharpest weekly declines in nearly three months, according to Dow Jones Market Data. The drop occurred as stronger-than-expected economic data added to concerns that the Federal Reserve might need to be more aggressive in its inflation battle than earlier anticipated, even with alarms flashing about a potential economic recession.Santa Claus tends to come to Wall Street almost every year, bringing a short rally in the last five trading days of December, and the first two days of January. Since 1969, the Santa Rally has boosted the S&P 500 by an average of 1.3%, according to data from Stock Trader’s Almanac.“December is the seasonally strongest month of the year, particularly in a midterm election year. So, December has been positive most of the time,” said David Keller, chief market strategist at StockCharts.com. “It would actually be very unusual for stocks to sell off dramatically in December.”Will Wall Street get a Santa Claus Rally?A rotten year for financial assets has begun drawing to a close under a cloud of uncertainty. Given the Federal Reserve’s tough stance on bringing inflation down to its 2% target and already volatile financial markets, many analysts think investors shouldn’t focus too much on whether Santa Claus ends up being naughty or nice.“Next week is going to be a huge week for the markets as they attempt to find some footing heading into year end,” said Cliff Hodge, chief investment officer at Cornerstone Wealth, in emailed comments Friday.That makes the Fed’s rate decisions next week and fresh inflation data even more crucial to equity markets. Friday’s wholesale prices rose more than expected in November, dampening hopes that inflation might be cooling off. The core producer-price index, which excludes volatile food, energy and trade prices, also rose 0.3% in November, up from a 0.2% gain in the prior month, the Labor Department said.The corresponding November consumer-price index report, due at 8:30 a.m. Eastern on Tuesday, will further show if inflation is subsiding.The CPI increased 0.4% in October and 7.7% from a year ago. The core reading increased 0.3% for the month and 6.3% on an annual basis.“If the CPI print comes in at 5% on core, then you’d get a real selloff in bonds and in equities. If inflation is still running hotter and you have a recession, can the Fed cut rates? Maybe not. Then you start getting into the stagflation scenarios,” said Ron Temple, head of U.S. equities at Lazard Asset Management.Traders are pricing in a 77% probability that the Fed will raise its policy interest rate by 50 basis points to a range of 4.25% to 4.50% next Wednesday, the last day of its Dec. 13-14 meeting, according to the CME FedWatch tool.That would be a slower pace than its four consecutive 0.75 point rate hikes since June.John Porter, chief investment officer and head of equity at Newton Investment Management, expects no surprises next week in terms of how much the Fed will raise interest rates. He does, however, anticipate stock-market investors will closely watch Fed Chair Powell’s press conference for insights into the decision and “hang on every single word.”“Investors are contorting themselves almost into a pretzel and trying to over-interpret the language,” Porter told MarketWatch via phone. “Listen to what they say, not listen to what you want them to say. They [Fed officials] are going to continue to be vigilant, and they have to watch inflation.”Does the ‘Santa’ rally really exist?For years, market analysts have examined potential reasons for the typical seasonal Santa Claus pattern. But with this year still awash in red, some think a rally in late December could become a self-fulfilling prophecy, simply because investors might search for any reason to be slightly merry.“If everyone’s focused on the positive seasonals, it could become more of this narrative that drives things rather than anything more fundamental,” David Lefkowitz, head of equities Americas of UBS Global Wealth Management, told MarketWatch via phone.“Markets tend to like the holly-jolly spending season so much, so there’s a name for the rally that tends to happen at the end of the year,” said Liz Young, head of investment strategy at SoFi. “For what it’s worth, I think ‘Santa Claus Rally’ holds as much predictive power as ‘Sell in May and Walk Away,’ which is minimal and coincidental at best.”Relief rally’s big testsWhile the three main U.S. stock indexes booked sharply weekly losses, equities have rallied off the October lows. The S&P 500 has rallied 9.9% from its October low through Friday, while the Dow Jones Industrial AverageDJIA,-0.90%gained 16.5% and the Nasdaq Composite advanced 6.6%, according to Dow Jones Market Data.However, many top Wall Street analysts also see reasons for alarm, specifically that the stock market’s bounce off the recent lows is likely running out of room.So, are investors ignoring warnings? Despite talk of the seeming inevitability of a year-end rally, several recent rally attempts failed, while Wall Street’s CBOE Volatility Index, or “fear gauge,” was at 22.86 at Friday’s close. A drop below 20 on the VIX can signify that investor fears about potential market ructions are easing.U.S. stock indexes closed down on Friday with the S&P 500 losing 0.7%. The Dow dropped 0.9%, and the Nasdaq shed 0.7%. Three major indexes booked a week of sizable losses with the S&P 500 posting a weekly decline of 3.4%. The Dow declined by 2.8% and the Nasdaq Composite was down nearly 4% this week, according to Dow Jones Market Data.Next week, not long after the CPI and the Fed decision, investors will also receive November retail sales data and industrial production index on Thursday, followed by the S&P Global’s flash PMI readings on Friday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":157,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9929048381,"gmtCreate":1670570998543,"gmtModify":1676538396388,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4099969523946750","authorIdStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9929048381","repostId":"2289449406","repostType":4,"repost":{"id":"2289449406","pubTimestamp":1670564927,"share":"https://ttm.financial/m/news/2289449406?lang=&edition=fundamental","pubTime":"2022-12-09 13:48","market":"us","language":"en","title":"2 Top-Tech Stocks Ready for a Bull Run","url":"https://stock-news.laohu8.com/highlight/detail?id=2289449406","media":"Motley Fool","summary":"Broadcom and Datadog are transformative growth stocks that are begging to be bought.","content":"<html><head></head><body><p>This year has been a disappointment to say the least for investors. After a 13-year bull-market run driven primarily by the tech-heavy <b>Nasdaq 100</b>, growth stocks have tanked this year, and the index is down 30% in 2022.</p><p>Yet for every bear market that comes along -- and such corrections do occur with regularity -- a rally follows behind, eventually wiping away all the losses and going on to new heights. So it becomes a waiting game for patient investors who know to hang on through the tough times to get to better days tomorrow.</p><p>However, corrections also provide opportunities to pick up good companies with excellent growth potential that have been beaten down. Stand out tech stocks <a href=\"https://laohu8.com/S/AVGO\">Broadcom </a> and <a href=\"https://laohu8.com/S/DDOG\">Datadog</a> have lost at least 20% of their value this year, but Wall Street still expects them to grow some 50% or more this year and beyond.</p><p>Let&#39;s take a closer look at why each of these tech stocks are worth considering heading before we head into 2023.</p><h2>1. <a href=\"https://laohu8.com/S/AVGO\">Broadcom</a></h2><p>Broadcom is poised to benefit from the demand for and continued growth of high-speed networking and demand for public cloud services. <b>Bank of America</b> analyst Vivek Arya has said he expects demand to triple for such services by 2026, hitting $300 billion, even if there is near-term pressure on cloud-capital spending.</p><p>Broadcom&#39;s major end markets include networking, storage, broadband, and wireless, which itself sets up a major expansion catalyst. Over the next few years, the ongoing rollout of wireless-infrastructure upgrades to support 5G networks should be a big inflection point for the chipmaker.</p><p>What investors can rightfully admire about Broadcom is its prodigious cash-generating capabilities. In the third quarter, it produced $4.3 billion worth of free cash flow for margins of 51%. Free cash flow is the money left over after a company pays its bills; it can be used to further invest in the business or enhance shareholder returns.</p><p>Broadcom returned $3.2 billion to investors last quarter, with $1.7 billion coming from dividends and $1.5 billion from stock buybacks. It has been growing its dividend at a compounded annual rate of 24% over the past three years and 32% over the last five. Broadcom reports earnings soon, and investors should expect another increase as well. The current dividend yields a healthy 3.1% annually.</p><p>Wall Street forecasts the chipmaker will grow earnings at least 15% annually for the next five years. It has a one-year price target of as much as $775 per share, a 47% gain from where it trades today.</p><h2>2. <a href=\"https://laohu8.com/S/DDOG\">Datadog</a></h2><p>Cloud-based application monitoring and security company Datadog is another stock that is ready for a bull run. After all, businesses that had been steadily shifting their data into the cloud prior to the pandemic kicked it into overdrive during it.</p><p>Even so, as noted with Broadcom, spending by businesses for infrastructure enhancements is pressured by inflation, high interest rates, and a return to a more normalized state of affairs for consumers and businesses after the pandemic frenzy. The exponential growth of cloud offerings has eased up as resumption of in-person activities returns. Look at it as a pause rather than a cessation, yet Datadog is still growing.</p><p>In the third quarter, revenue grew 61% as the number of customers with more than $100,000 in annual recurring revenue (ARR) increased 44% to 2,600. Datadog has a number of clients with ARR in excess of $1 million. It&#39;s also seeing its customers respond to the numerous products it offers: 80% purchase two or more products; 40% use four or more; and 16% use six or more.</p><p>That comes from Datadog&#39;s significant research and development (R&amp;D) expenditures, some $362 million in 2022, up 67% from last year. As more incremental revenue comes from existing customers increasing how much they spend with Datadog each quarter, it can devote more resources to R&amp;D to create even more services to upsell to them, creating a virtuous circle of growth.</p><p>Datadog has become consistently profitable and enjoys significant margin expansion, though the market has struck down its stock roughly 58% this year. Wall Street anticipates it will grow earnings at an incredible 47% a year long term and sees stock-price appreciation of as much as 186% from current levels. This seems an excellent opportunity to ride a bull run higher.</p></body></html>","source":"fool_stock","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>2 Top-Tech Stocks Ready for a Bull Run</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\">\n2 Top-Tech Stocks Ready for a Bull Run\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-09 13:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/12/08/2-top-tech-stocks-ready-for-a-bull-run/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This year has been a disappointment to say the least for investors. After a 13-year bull-market run driven primarily by the tech-heavy Nasdaq 100, growth stocks have tanked this year, and the index is...</p>\n\n<a href=\"https://www.fool.com/investing/2022/12/08/2-top-tech-stocks-ready-for-a-bull-run/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AVGO":"博通","DDOG":"Datadog"},"source_url":"https://www.fool.com/investing/2022/12/08/2-top-tech-stocks-ready-for-a-bull-run/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2289449406","content_text":"This year has been a disappointment to say the least for investors. After a 13-year bull-market run driven primarily by the tech-heavy Nasdaq 100, growth stocks have tanked this year, and the index is down 30% in 2022.Yet for every bear market that comes along -- and such corrections do occur with regularity -- a rally follows behind, eventually wiping away all the losses and going on to new heights. So it becomes a waiting game for patient investors who know to hang on through the tough times to get to better days tomorrow.However, corrections also provide opportunities to pick up good companies with excellent growth potential that have been beaten down. Stand out tech stocks Broadcom  and Datadog have lost at least 20% of their value this year, but Wall Street still expects them to grow some 50% or more this year and beyond.Let's take a closer look at why each of these tech stocks are worth considering heading before we head into 2023.1. BroadcomBroadcom is poised to benefit from the demand for and continued growth of high-speed networking and demand for public cloud services. Bank of America analyst Vivek Arya has said he expects demand to triple for such services by 2026, hitting $300 billion, even if there is near-term pressure on cloud-capital spending.Broadcom's major end markets include networking, storage, broadband, and wireless, which itself sets up a major expansion catalyst. Over the next few years, the ongoing rollout of wireless-infrastructure upgrades to support 5G networks should be a big inflection point for the chipmaker.What investors can rightfully admire about Broadcom is its prodigious cash-generating capabilities. In the third quarter, it produced $4.3 billion worth of free cash flow for margins of 51%. Free cash flow is the money left over after a company pays its bills; it can be used to further invest in the business or enhance shareholder returns.Broadcom returned $3.2 billion to investors last quarter, with $1.7 billion coming from dividends and $1.5 billion from stock buybacks. It has been growing its dividend at a compounded annual rate of 24% over the past three years and 32% over the last five. Broadcom reports earnings soon, and investors should expect another increase as well. The current dividend yields a healthy 3.1% annually.Wall Street forecasts the chipmaker will grow earnings at least 15% annually for the next five years. It has a one-year price target of as much as $775 per share, a 47% gain from where it trades today.2. DatadogCloud-based application monitoring and security company Datadog is another stock that is ready for a bull run. After all, businesses that had been steadily shifting their data into the cloud prior to the pandemic kicked it into overdrive during it.Even so, as noted with Broadcom, spending by businesses for infrastructure enhancements is pressured by inflation, high interest rates, and a return to a more normalized state of affairs for consumers and businesses after the pandemic frenzy. The exponential growth of cloud offerings has eased up as resumption of in-person activities returns. Look at it as a pause rather than a cessation, yet Datadog is still growing.In the third quarter, revenue grew 61% as the number of customers with more than $100,000 in annual recurring revenue (ARR) increased 44% to 2,600. Datadog has a number of clients with ARR in excess of $1 million. It's also seeing its customers respond to the numerous products it offers: 80% purchase two or more products; 40% use four or more; and 16% use six or more.That comes from Datadog's significant research and development (R&D) expenditures, some $362 million in 2022, up 67% from last year. As more incremental revenue comes from existing customers increasing how much they spend with Datadog each quarter, it can devote more resources to R&D to create even more services to upsell to them, creating a virtuous circle of growth.Datadog has become consistently profitable and enjoys significant margin expansion, though the market has struck down its stock roughly 58% this year. Wall Street anticipates it will grow earnings at an incredible 47% a year long term and sees stock-price appreciation of as much as 186% from current levels. This seems an excellent opportunity to ride a bull run higher.","news_type":1},"isVote":1,"tweetType":1,"viewCount":193,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9920173555,"gmtCreate":1670459501278,"gmtModify":1676538371735,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4099969523946750","authorIdStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9920173555","repostId":"2289975465","repostType":4,"repost":{"id":"2289975465","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":1670449426,"share":"https://ttm.financial/m/news/2289975465?lang=&edition=fundamental","pubTime":"2022-12-08 05:43","market":"us","language":"en","title":"US STOCKS-S&P, Nasdaq Extend Losing Streaks Amid Rising Recession Worries","url":"https://stock-news.laohu8.com/highlight/detail?id=2289975465","media":"Reuters","summary":"(Reuters) - The S&P 500 and Nasdaq closed down on Wednesday after a choppy session on Wall Street, a","content":"<html><head></head><body><p>(Reuters) - The S&amp;P 500 and Nasdaq closed down on Wednesday after a choppy session on Wall Street, as investors struggled to grasp a clear direction as they weighed how the Federal Reserve&#39;s monetary policy tightening might feed through into corporate America.</p><p>For the benchmark S&amp;P 500, it was the fifth straight session that it has declined, while the Nasdaq finished down for the fourth time in a row. The Dow snapped a two-session losing streak, as it ended unchanged from the previous day.</p><p>The Nasdaq was dragged down by a 1.4% drop in Apple Inc on Morgan Stanley&#39;s iPhone shipment target cut and a 3.2% fall in Tesla Inc over production loss worries.</p><p>Markets have also been rattled by downbeat comments from top executives at Goldman Sachs Group Inc, JPMorgan Chase &amp; Co and Bank of America Corp on Tuesday that a mild to more pronounced recession was likely ahead.</p><p>Fears that the U.S. central bank might stick to a longer rate-hike cycle have intensified recently in the wake of strong jobs and service-sector reports.</p><p>More economic data, including weekly jobless claims, producer price index and the University of Michigan&#39;s consumer sentiment survey this week, will be on the watch list for clues on what to expect from the Fed on Dec. 14.</p><p>&#34;It feels like we&#39;re in this very uncertain period where investors are trying to ascertain what&#39;s more important, as policymakers are slowing down on rates but the data is not playing ball,&#34; said Craig Erlam, senior market analyst at OANDA.</p><p>&#34;The market is trying to balance the headwinds and the tailwinds and this is causing some confusion.&#34;</p><p>The CBOE volatility index, also known as Wall Street&#39;s fear gauge, closed at 22.68, its highest finish since Nov. 18.</p><p>Money market participants see a 91% chance that the Fed will increase its key benchmark rate by 50 basis points in December to 4.25%-4.50%, with rates peaking in May 2023 at 4.93%.</p><p>The S&amp;P 500 lost 7.34 points, or 0.19%, to close at 3,933.92 and the Nasdaq Composite dropped 56.34 points, or 0.51%, to finish at 10,958.55. The Dow Jones Industrial Average was flat, ending on 33,597.92.</p><p>Concerns about a steep rise in borrowing costs have boosted the dollar, but dented demand for risk assets such as equities this year. The S&amp;P 500 is on track to snap a three-year winning streak.</p><p>Three of the 11 major S&amp;P sector indexes were higher, with healthcare one of them. Technology and communication services, down 0.5 and 0.9% respectively, were the worst performers.</p><p>Energy fell for its fifth straight session. The sector&#39;s performance was weighed by U.S. crude prices falling again, settling at the lowest level in 2022, as concerns over the outlook for global growth wiped out all of the gains since Russia&#39;s invasion of Ukraine exacerbated the worst global energy supply crisis in decades.</p><p>Carvana Co had its worst day as a public company, losing nearly half its stock value, after Wedbush downgraded the used-car retailer&#39;s stock to &#34;underperform&#34; from &#34;neutral&#34; and slashed its price target to $1.</p><p>Meanwhile, United Airlines traded 4.1% lower. Unions representing various workers at the airline said they would join forces on contract negotiations.</p><p>Travel-related stocks were generally down. Delta Air Lines and American Airlines Group were 4.4% and 5.4% lower respectively, with cruise line operators Carnival Corp and Norwegian Cruise Line Holdings and accommodation-linked Airbnb Inc and <a href=\"https://laohu8.com/S/BKNG\">Booking Holdings</a> all falling between 1.7% and 4.4%.</p><p>Volume on U.S. exchanges was 10.29 billion shares, compared with the 10.98 billion average for the full session over the last 20 trading days.</p><p>The S&amp;P 500 posted seven new 52-week highs and seven new lows; the Nasdaq Composite recorded 61 new highs and 307 new lows. (Reporting by Shubham Batra, Ankika Biswas, Johann M Cherian and Shashwat Chauhan in Bengaluru and David French in New York; Editing by Vinay Dwivedi, Shounak Dasgupta and Lisa Shumaker)</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, Nasdaq Extend Losing Streaks Amid Rising Recession Worries</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, Nasdaq Extend Losing Streaks Amid Rising Recession Worries\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\">2022-12-08 05:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - The S&amp;P 500 and Nasdaq closed down on Wednesday after a choppy session on Wall Street, as investors struggled to grasp a clear direction as they weighed how the Federal Reserve&#39;s monetary policy tightening might feed through into corporate America.</p><p>For the benchmark S&amp;P 500, it was the fifth straight session that it has declined, while the Nasdaq finished down for the fourth time in a row. The Dow snapped a two-session losing streak, as it ended unchanged from the previous day.</p><p>The Nasdaq was dragged down by a 1.4% drop in Apple Inc on Morgan Stanley&#39;s iPhone shipment target cut and a 3.2% fall in Tesla Inc over production loss worries.</p><p>Markets have also been rattled by downbeat comments from top executives at Goldman Sachs Group Inc, JPMorgan Chase &amp; Co and Bank of America Corp on Tuesday that a mild to more pronounced recession was likely ahead.</p><p>Fears that the U.S. central bank might stick to a longer rate-hike cycle have intensified recently in the wake of strong jobs and service-sector reports.</p><p>More economic data, including weekly jobless claims, producer price index and the University of Michigan&#39;s consumer sentiment survey this week, will be on the watch list for clues on what to expect from the Fed on Dec. 14.</p><p>&#34;It feels like we&#39;re in this very uncertain period where investors are trying to ascertain what&#39;s more important, as policymakers are slowing down on rates but the data is not playing ball,&#34; said Craig Erlam, senior market analyst at OANDA.</p><p>&#34;The market is trying to balance the headwinds and the tailwinds and this is causing some confusion.&#34;</p><p>The CBOE volatility index, also known as Wall Street&#39;s fear gauge, closed at 22.68, its highest finish since Nov. 18.</p><p>Money market participants see a 91% chance that the Fed will increase its key benchmark rate by 50 basis points in December to 4.25%-4.50%, with rates peaking in May 2023 at 4.93%.</p><p>The S&amp;P 500 lost 7.34 points, or 0.19%, to close at 3,933.92 and the Nasdaq Composite dropped 56.34 points, or 0.51%, to finish at 10,958.55. The Dow Jones Industrial Average was flat, ending on 33,597.92.</p><p>Concerns about a steep rise in borrowing costs have boosted the dollar, but dented demand for risk assets such as equities this year. The S&amp;P 500 is on track to snap a three-year winning streak.</p><p>Three of the 11 major S&amp;P sector indexes were higher, with healthcare one of them. Technology and communication services, down 0.5 and 0.9% respectively, were the worst performers.</p><p>Energy fell for its fifth straight session. The sector&#39;s performance was weighed by U.S. crude prices falling again, settling at the lowest level in 2022, as concerns over the outlook for global growth wiped out all of the gains since Russia&#39;s invasion of Ukraine exacerbated the worst global energy supply crisis in decades.</p><p>Carvana Co had its worst day as a public company, losing nearly half its stock value, after Wedbush downgraded the used-car retailer&#39;s stock to &#34;underperform&#34; from &#34;neutral&#34; and slashed its price target to $1.</p><p>Meanwhile, United Airlines traded 4.1% lower. Unions representing various workers at the airline said they would join forces on contract negotiations.</p><p>Travel-related stocks were generally down. Delta Air Lines and American Airlines Group were 4.4% and 5.4% lower respectively, with cruise line operators Carnival Corp and Norwegian Cruise Line Holdings and accommodation-linked Airbnb Inc and <a href=\"https://laohu8.com/S/BKNG\">Booking Holdings</a> all falling between 1.7% and 4.4%.</p><p>Volume on U.S. exchanges was 10.29 billion shares, compared with the 10.98 billion average for the full session over the last 20 trading days.</p><p>The S&amp;P 500 posted seven new 52-week highs and seven new lows; the Nasdaq Composite recorded 61 new highs and 307 new lows. (Reporting by Shubham Batra, Ankika Biswas, Johann M Cherian and Shashwat Chauhan in Bengaluru and David French in New York; Editing by Vinay Dwivedi, Shounak Dasgupta and Lisa Shumaker)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2289975465","content_text":"(Reuters) - The S&P 500 and Nasdaq closed down on Wednesday after a choppy session on Wall Street, as investors struggled to grasp a clear direction as they weighed how the Federal Reserve's monetary policy tightening might feed through into corporate America.For the benchmark S&P 500, it was the fifth straight session that it has declined, while the Nasdaq finished down for the fourth time in a row. The Dow snapped a two-session losing streak, as it ended unchanged from the previous day.The Nasdaq was dragged down by a 1.4% drop in Apple Inc on Morgan Stanley's iPhone shipment target cut and a 3.2% fall in Tesla Inc over production loss worries.Markets have also been rattled by downbeat comments from top executives at Goldman Sachs Group Inc, JPMorgan Chase & Co and Bank of America Corp on Tuesday that a mild to more pronounced recession was likely ahead.Fears that the U.S. central bank might stick to a longer rate-hike cycle have intensified recently in the wake of strong jobs and service-sector reports.More economic data, including weekly jobless claims, producer price index and the University of Michigan's consumer sentiment survey this week, will be on the watch list for clues on what to expect from the Fed on Dec. 14.\"It feels like we're in this very uncertain period where investors are trying to ascertain what's more important, as policymakers are slowing down on rates but the data is not playing ball,\" said Craig Erlam, senior market analyst at OANDA.\"The market is trying to balance the headwinds and the tailwinds and this is causing some confusion.\"The CBOE volatility index, also known as Wall Street's fear gauge, closed at 22.68, its highest finish since Nov. 18.Money market participants see a 91% chance that the Fed will increase its key benchmark rate by 50 basis points in December to 4.25%-4.50%, with rates peaking in May 2023 at 4.93%.The S&P 500 lost 7.34 points, or 0.19%, to close at 3,933.92 and the Nasdaq Composite dropped 56.34 points, or 0.51%, to finish at 10,958.55. The Dow Jones Industrial Average was flat, ending on 33,597.92.Concerns about a steep rise in borrowing costs have boosted the dollar, but dented demand for risk assets such as equities this year. The S&P 500 is on track to snap a three-year winning streak.Three of the 11 major S&P sector indexes were higher, with healthcare one of them. Technology and communication services, down 0.5 and 0.9% respectively, were the worst performers.Energy fell for its fifth straight session. The sector's performance was weighed by U.S. crude prices falling again, settling at the lowest level in 2022, as concerns over the outlook for global growth wiped out all of the gains since Russia's invasion of Ukraine exacerbated the worst global energy supply crisis in decades.Carvana Co had its worst day as a public company, losing nearly half its stock value, after Wedbush downgraded the used-car retailer's stock to \"underperform\" from \"neutral\" and slashed its price target to $1.Meanwhile, United Airlines traded 4.1% lower. Unions representing various workers at the airline said they would join forces on contract negotiations.Travel-related stocks were generally down. Delta Air Lines and American Airlines Group were 4.4% and 5.4% lower respectively, with cruise line operators Carnival Corp and Norwegian Cruise Line Holdings and accommodation-linked Airbnb Inc and Booking Holdings all falling between 1.7% and 4.4%.Volume on U.S. exchanges was 10.29 billion shares, compared with the 10.98 billion average for the full session over the last 20 trading days.The S&P 500 posted seven new 52-week highs and seven new lows; the Nasdaq Composite recorded 61 new highs and 307 new lows. (Reporting by Shubham Batra, Ankika Biswas, Johann M Cherian and Shashwat Chauhan in Bengaluru and David French in New York; Editing by Vinay Dwivedi, Shounak Dasgupta and Lisa Shumaker)","news_type":1},"isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9920030486,"gmtCreate":1670389501546,"gmtModify":1676538358693,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4099969523946750","authorIdStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9920030486","repostId":"1122736605","repostType":4,"repost":{"id":"1122736605","pubTimestamp":1670383031,"share":"https://ttm.financial/m/news/1122736605?lang=&edition=fundamental","pubTime":"2022-12-07 11:17","market":"us","language":"en","title":"NIO And BYD Are Converging","url":"https://stock-news.laohu8.com/highlight/detail?id=1122736605","media":"Seeking Alpha","summary":"SummaryNIO Inc. and BYD Company Limited are essentially tales of their own, with one being an EV-pur","content":"<html><head></head><body><h2>Summary</h2><ul><li>NIO Inc. and BYD Company Limited are essentially tales of their own, with one being an EV-pureplay upstart, and the other a legacy ICE-turned-electric automaker with dibs across the auto supply chain.</li><li>Yet, their paths may be converging as China&#39;s EV market opportunities grow.</li><li>The following analysis will provide an overview of how NIO and BYD&#39;s longer-term growth strategies are converging, discuss the risks and opportunities facing each, and gauge their respective valuation implications.</li></ul><p>While <a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a> and BYD Company Limited both started off on a different path when it comes to auto manufacturing, with one being an electric vehicle (“EV”) pureplay start-up and the other being a vertically integrated ICE-turned-electric legacy automaker, they now appear to be converging into each other’s turf as competition ramps up. Not long after NIO announced its intentions to break into the tier 3+ market across China to better serve mass market needs, BYD followed suit with two planned sub-brands to penetrate the premium electric passenger vehicle market.</p><p>Admittedly, BYD’s market share is substantially larger than NIO’s today – both at home and overseas – while also boasting better fundamentals, which would be supportive of its foray in the premium vehicle segment. Yet, NIO’s penetration into mass-market opportunities could also benefit by driving the volume of scale needed to support its breakeven timeline, which consensus projects to occur by or around mid-decade, while management expects to occur as soon as the third quarter of 2023.</p><p>The following analysis will go over both Chinese automakers’ respective market share expansion strategies via their planned sub-brands, and gauge the opportunity that exists for both as well as their implications on both stocks’ prospects.</p><h2><a href=\"https://laohu8.com/S/NIO\">NIO</a></h2><h3>Overview Of Sub-Brand Strategy</h3><p>NIO first announced plans for a mass market sub-brand in August 2021, which aligned with its longer-term strategy of building a greater presence in China’s smaller tier 3+ cities and further expand its share of the country’s fast-expanding EV market.</p><blockquote>As management had discussed during the second quarter, the sub-brand will aim to offer more affordably priced vehicles to drive higher mass-market appeal. The strategic move is expected to help NIO compete for higher market share, especially in the price segment of Tesla’s (TSLA) Model Y/3, while providing “much better service.” <i>Source: “Can NIO Stock Recover in 2022?”</i></blockquote><p>The sub-brand, currently expected to launch in 2024, is also expected to be more competitively priced, with vehicle MSRPs in the range of RMB 200,000 ($30,000) to RMB 300,000 ($44,000), taking on a broader cohort of mass market rivals including BYD. The sub-brand’s launch timeline also coincides with the start of production schedule for NIO’s first in-house 800-V battery packs, which would “enable longer ranges and faster charging” compared to general mass market offerings that are currently fitted with 400-V battery packs. NIO also boasts a competitive digital portfolio today that includes in-vehicle AI “NOMI,” “NAD” ADAS, and battery swapping technology that will likely be leveraged by its sub-brands either as an embedded or add-on feature to bolster profit margins. Paired with NIO’s recently launched NT 2.0 vehicle platform, which boasts higher profit margins than its predecessor, the company’s sub-brand products are likely well-positioned for attractive manufacturing economics, while also posing a technological appeal to the burgeoning EV market in China.</p><p>NIO likely has another sub-brand under the wraps as well that is speculated to involve offerings starting at RMB 100,000 ($15,000). This would put it in direct competition against SAIC-GM-Wuling, the current EV market leader in China that has captured the likes of budget-sensitive consumers in the tier 3+ markets with its “Hongguang Mini” priced at an impressive $5,000, and its newest “Baojun KiWi” priced at $11,000.</p><h3>The Opportunity</h3><p>China currently houses the largest share of the global EV market, accounting for more than half of global EV sales. EV sales in the country has already reached a penetration rate of more than 20% (or more than a quarter counting hybrid plug-ins), with adoption being most prominent in more affluent tier 1 and tier 2 cities like Shanghai and Beijing. The trends have favored NIO in recent years, as its share of premium EV sales across the tier 1 and tier 2 cities like Shanghai have steadily grown – as of last year, the company’s portfolio of electric premium SUVs grabbed a 23% share of the passenger vehicle market priced above RMB 350,000 ($50,000+) in China’s financial hub. With an expectation that consistent growth trends would spill into tier 3 and tier 4 cities over the longer-term, NIO management has made mass market penetration a key initiative in its growth plan, hence the planned sub-brands.</p><p>Thanks to favorable policy support from the central government, as well as improving range and increasing availability of public charging infrastructure across China, EV sales in the country are starting to gain momentum &#34;beyond the biggest cities.” Over the past two years, tier 2 and tier 3 cities saw the fastest growth in EV sales, from about 4.5% penetration in 2020 to more than 25% in the current year. Meanwhile, demand from tier 4+ cities with a population ranging from 500,000 to under 1 million have also started to pick-up, with EV sales penetration expanding from under 3.5% in 2020 to nearly 20% in the current year.</p><p>The remaining growth headroom observed pertaining to EV demand in tier 3+ cities are expected to bode favorably for NIO by the time its sub-brand rolls out in 2024. Between now and then, public charging infrastructure availability is expected to become more prominent in “smaller cities and towns” while “city-level policies that restrict the number of new license plates issues” start to ease in accordance to the nationwide mandate to support EV adoption and decarbonization, which would make strong tailwinds for NIO’s planned mass market offerings.</p><h3>Risks To Consider</h3><p>Yet, the Chinese EV landscape is also becoming increasingly competitive. And NIO is not the only EV pureplay looking to better capture global market share by expanding into mass market offerings. In addition to BYD and SAIC-GM-Wuling as mentioned in the earlier section, EV pureplay rivals like XPeng (XPEV) have also introduced models in the sub-$30,000 price range, while Tesla’s Model 3 remains a favorite with increasingly attractive pricing.</p><p>As discussed in a previous coverage on NIO, the company risks facing a pricing war in the near-term as competition ramps up, especially as consumer sentiment in the country wanes ahead of mounting macroeconomic uncertainties:</p><blockquote>Despite NIO’s in line 3Q22 sales, the drumbeat is growing louder on concerns over consumer weakness heading into the fourth quarter. COVID-induced mobility restrictions and production disruptions are hampering both supply and demand functions of the company’s profit and growth prospects, souring investors’ confidence in the stock. EV industry leader Tesla’s recent decision to pull the “pricing lever” in the region is also dialing up risks of a pricing war in China’s increasingly competitive EV market. <i>Source: “Is NIO Stock A Buy After Q3’22 Earnings? Keep Your Eyes On COVID Zero.”</i></blockquote><p>But the delayed roll-out of NIO’s mass market offering until 2024 could offer a time cushion for the company to better weather through the near-term industry-specific and macroeconomic headwinds. For one, supply chain constraints stemming from the pandemic and the Russia-Ukraine war – particularly on auto semiconductors – are already showing structural signs of easing. Meanwhile, China’s record-setting household savings of $1.8 trillion YTD, or household savings rate of 30%, accumulated as a pre-emptive measure against looming macroeconomic uncertainties today could also imply a better demand environment in 2024 when cyclical challenges ease. As such, the launch of NIO’s sub-brands scheduled for 2024 could come at an opportune time when the global macroeconomic outlook is expected to improve while the transition to electric continues to gain momentum, offsetting some of the demand risks stemming from increasing competition.</p><h2>Fundamental And Valuation Implications</h2><p>The anticipated growth prospects stemming from NIO’s penetration in mass market opportunities with its planned sub-brands are not going to come at a cheap price. Auto manufacturing is one of the most capital-intensive endeavors out there – especially for those that are vertically integrated.</p><p>Yet, NIO’s “semi-vertically integrated” manufacturing strategy, which involves in-house designed platforms (and ultimately, battery packs) and internal productions at its joint venture facility with Jianghuai Automobile Group (“JAC”) and partly municipal-owned facility at NeoPark, is expected to absorb some of the high ramp-up costs. The anticipated increase in demand for its mass market products is also expected to drive improved volumes to enable better economies of scale, especially if the company adopts a cross-brand platform-sharing strategy, which will likely fast-track its margin expansion trajectory towards and beyond breakeven by mid-decade.</p><p>However, given materialization of said anticipated profits bolstered by NIO’s mass market penetration strategy is still further out into the future, related upside potential may take more time to come into fruition, which inadvertently, means a higher investment risk. This is a particularly critical consideration in today’s market climate for Chinese equities, especially those that are not yet profitable like NIO, given uncertainties spanning regulatory, macroeconomic, and geopolitical challenges.</p><h2><a href=\"https://laohu8.com/S/BYDDY\">BYD</a></h2><h3>Overview Of Sub-Brand Strategy</h3><p>Differing from NIO, BYD is already an established automaker with a sprawling presence across China’s passenger vehicle market (and to a smaller extent, the global commercial vehicle market). Having just transitioned completely from the sale of ICE models to only new energy vehicles including hybrid plug-ins earlier this year, BYD has already taken China’s EV market by storm, with monthly sales by unit consistently exceeding six figures and setting new records. It is also one of the few legacy automakers that have managed to penetrate the burgeoning EV market at a profitable rate within a short period.</p><p>Known for its prowess in the mass market vehicle segment, the legacy Chinese automaker is now planning its debut in the premium EV segment in early 2023 via its first sub-brand, “Yangwang” – a contrast to NIO’s longer-term growth strategy. The automaker is slated to debut a premium off-road electric SUV, dubbed the “R1,” as its first product under the Yangwang sub-brand, which will be priced in the RMB 800,000 to RMB 1.5 million range ($110,300 to $200,000+). Similar to BYD’s current new energy offerings, the Yangwang R1 will be offered in a battery-electric (“BEV”) powertrain and plug-in hybrid (“PHEV”) power-train capable of up to 650 hp, with a five- and seven-seater option, and be the “most expensive BYD ever.”</p><p>The company has also recently announced intentions of another new brand that “specializes in professional and personalized identifies” as it looks to “build up its brand matrix” and better penetrate overseas opportunities across Asia, Europe, Latin America and other markets. Although details on the second sub-brand remain limited, it will likely complement Yangwang and help usher BYD into China’s “luxury SUV and sports car markets…[which] are the two most profitable vehicle segments [that it] does not have exposure to” yet. Given BYD is already profitable, the higher-priced premium offerings will likely further reinforce its margin expansion trajectory into the longer-term, and bolster its competitive advantage against premium rivals in the market.</p><h3>The Opportunity</h3><p>While EV penetration in the more affluent tier 1 and tier 2 cities across China is substantially higher than in smaller cities where lower-priced mass market offerings take a precedent appeal, there is still significant growth headroom remaining in the premium EV segment for BYD. As mentioned in the earlier section, EV penetration in Shanghai already exceeds 50%, while in the broader tier 1 and tier 2 cities it averages more than 36%. Plug-in hybrid SUVs are also of greater appeal, accounting for close to a quarter of China’s new passenger vehicle sales today, while remaining the fastest-growing EV segment, which makes strong tailwinds for BYD’s upcoming Yangwang R1 debut (recall that the R1 comes in both the BEV and PHEV powertrain).</p><p>Market participants also anticipate BYD’s upcoming sub-brands to produce “the kind of EVs fit for the U.S., a market BYD has yet to enter.” This fits with BYD’s overseas aspirations for its passenger EV business over the longer-term, and would be a favorable complement to its existing presence in North America via its commercial EV sales. The U.S. EV market is expected to see a meaningful increase in adoption rates over coming years, thanks to favorable policy support like the latest “Inflation Reduction Act” (“IRA”), as well as broader improvements to EV battery technologies and range capabilities. Specifically, U.S. EV demand is expected to expand at a five-year CAGR of 28% through 2026, with further acceleration into the second half of the decade. Paired with a similar growth outlook in Canada (though at a comparatively nominal volume on a unit basis), Yangwang and other sub-brand offerings could potentially become an overseas share gainer for BYD.</p><h3>Risks To Consider</h3><p>While competition comes to mind as a top risk for automakers, BYD’s reputation as a quality mass market vehicle manufacturer could alleviate some of the said challenges. This is further corroborated by BYD’s pricing power with continued market share gains despite a recent decision to increase its vehicle MSRPs, as opposed to price cuts implemented by Tesla in an attempt to shore up demand.</p><p>Instead, a key concern is BYD’s lack of presence in cutting-edge technological competencies, which premium EVs offered by NIO and Tesla tend to use as key selling points:</p><blockquote>What BYD lacks that others have is more of a digital DNA…BYD is still a hardware company. As good as it is assembling an EV profitably at scale, it hasn’t proven itself to be a tech-driven software-defined technology company. Source: Bloomberg</blockquote><p>While BYD intends for Yangwang to “build a high-end brand with disruptive technologies and products,” there has yet to be any details pertaining to the R1 that would differentiate the premium electric SUV from a digital aspect. Aside from potential ADAS features (which are pretty much standard across premium offerings at this point) speculated from BYD-released images that show the vehicle’s integration of LiDAR sensors, the company has yet to release much information about the vehicle’s performance, range capability, nor technological features. While BYD’s robust balance sheet could fund the development of software capabilities required for differentiation against competing premium offerings, relate innovations would take time to materialize, risking a costly catch-up game in the concentrated premium EV market.</p><h2>Fundamental And Valuation Implications</h2><p>In contrast to NIO, BYD is already a profitable company, with margins set for continued expansion as production ramps up on both its existing and upcoming vehicle models. And as mentioned in the earlier section, BYD’s upcoming foray in China’s premium electric SUV market would be beneficial to its bottom-line given said products would be priced higher to offset near-term ramp-up costs, with greater demand in the lucrative vehicle segment expected to support longer-term margin expansion through scale. With related operating cash flow generation realizable in the immediate term, BYD is also less vulnerable to the investment risks facing NIO as discussed in the earlier section.</p><p>The stock is currently trading at a significant discount of 1.4x forward EV/sales compared to an average of about 4.1x among U.S. counterparts and 1.7x among Chinese EV start-ups. Given its profitable growth prospects both within the immediate- and over the longer-term, BYD makes a reasonable investment at current levels. But like all Chinese equities, BYD faces a slew of risks specific to the cohort, including China’s macroeconomic uncertainties (e.g., property slump, COVID Zero impacts, etc.) and regulatory challenges. Although BYD’s robust balance sheet has made its valuation relatively less vulnerable to the years-long selloff in Chinese equities, existing and potential investors in the stock should remain aware and not overlook said risks.</p><h2>Final Thoughts</h2><p>Based on the foregoing analysis on NIO and BYD’s longer-term market share expansion strategies, both legacy and start-up Chinese EV makers alike show favorable growth prospects as the global transition to electric continues. While converging strategies will likely introduce further competition within the already highly concentrated EV landscape in China, significant opportunities remain across all vehicle and pricing segments, underscoring the still-nascent nature of the EV industry.</p><p>With NIO being an EV upstart that has already established a reputation for making quality and innovative EVs, and BYD being a legacy automaker that has proven a profitable transition to electric is possible, both companies are well-positioned for further market share gains within and beyond the Chinese EV market. This would accordingly support favorable long-term upside potential for both stocks from current levels, especially BYD which boasts better immediate and future fundamental prospects, though macroeconomic, geopolitical, and regulatory risks will remain an overhang on their performance.</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>NIO And BYD Are Converging</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\">\nNIO And BYD Are Converging\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-07 11:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4562669-nio-and-byd-are-converging><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNIO Inc. and BYD Company Limited are essentially tales of their own, with one being an EV-pureplay upstart, and the other a legacy ICE-turned-electric automaker with dibs across the auto supply...</p>\n\n<a href=\"https://seekingalpha.com/article/4562669-nio-and-byd-are-converging\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","002594":"比亚迪","BYDDY":"比亚迪ADR"},"source_url":"https://seekingalpha.com/article/4562669-nio-and-byd-are-converging","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122736605","content_text":"SummaryNIO Inc. and BYD Company Limited are essentially tales of their own, with one being an EV-pureplay upstart, and the other a legacy ICE-turned-electric automaker with dibs across the auto supply chain.Yet, their paths may be converging as China's EV market opportunities grow.The following analysis will provide an overview of how NIO and BYD's longer-term growth strategies are converging, discuss the risks and opportunities facing each, and gauge their respective valuation implications.While NIO Inc. and BYD Company Limited both started off on a different path when it comes to auto manufacturing, with one being an electric vehicle (“EV”) pureplay start-up and the other being a vertically integrated ICE-turned-electric legacy automaker, they now appear to be converging into each other’s turf as competition ramps up. Not long after NIO announced its intentions to break into the tier 3+ market across China to better serve mass market needs, BYD followed suit with two planned sub-brands to penetrate the premium electric passenger vehicle market.Admittedly, BYD’s market share is substantially larger than NIO’s today – both at home and overseas – while also boasting better fundamentals, which would be supportive of its foray in the premium vehicle segment. Yet, NIO’s penetration into mass-market opportunities could also benefit by driving the volume of scale needed to support its breakeven timeline, which consensus projects to occur by or around mid-decade, while management expects to occur as soon as the third quarter of 2023.The following analysis will go over both Chinese automakers’ respective market share expansion strategies via their planned sub-brands, and gauge the opportunity that exists for both as well as their implications on both stocks’ prospects.NIOOverview Of Sub-Brand StrategyNIO first announced plans for a mass market sub-brand in August 2021, which aligned with its longer-term strategy of building a greater presence in China’s smaller tier 3+ cities and further expand its share of the country’s fast-expanding EV market.As management had discussed during the second quarter, the sub-brand will aim to offer more affordably priced vehicles to drive higher mass-market appeal. The strategic move is expected to help NIO compete for higher market share, especially in the price segment of Tesla’s (TSLA) Model Y/3, while providing “much better service.” Source: “Can NIO Stock Recover in 2022?”The sub-brand, currently expected to launch in 2024, is also expected to be more competitively priced, with vehicle MSRPs in the range of RMB 200,000 ($30,000) to RMB 300,000 ($44,000), taking on a broader cohort of mass market rivals including BYD. The sub-brand’s launch timeline also coincides with the start of production schedule for NIO’s first in-house 800-V battery packs, which would “enable longer ranges and faster charging” compared to general mass market offerings that are currently fitted with 400-V battery packs. NIO also boasts a competitive digital portfolio today that includes in-vehicle AI “NOMI,” “NAD” ADAS, and battery swapping technology that will likely be leveraged by its sub-brands either as an embedded or add-on feature to bolster profit margins. Paired with NIO’s recently launched NT 2.0 vehicle platform, which boasts higher profit margins than its predecessor, the company’s sub-brand products are likely well-positioned for attractive manufacturing economics, while also posing a technological appeal to the burgeoning EV market in China.NIO likely has another sub-brand under the wraps as well that is speculated to involve offerings starting at RMB 100,000 ($15,000). This would put it in direct competition against SAIC-GM-Wuling, the current EV market leader in China that has captured the likes of budget-sensitive consumers in the tier 3+ markets with its “Hongguang Mini” priced at an impressive $5,000, and its newest “Baojun KiWi” priced at $11,000.The OpportunityChina currently houses the largest share of the global EV market, accounting for more than half of global EV sales. EV sales in the country has already reached a penetration rate of more than 20% (or more than a quarter counting hybrid plug-ins), with adoption being most prominent in more affluent tier 1 and tier 2 cities like Shanghai and Beijing. The trends have favored NIO in recent years, as its share of premium EV sales across the tier 1 and tier 2 cities like Shanghai have steadily grown – as of last year, the company’s portfolio of electric premium SUVs grabbed a 23% share of the passenger vehicle market priced above RMB 350,000 ($50,000+) in China’s financial hub. With an expectation that consistent growth trends would spill into tier 3 and tier 4 cities over the longer-term, NIO management has made mass market penetration a key initiative in its growth plan, hence the planned sub-brands.Thanks to favorable policy support from the central government, as well as improving range and increasing availability of public charging infrastructure across China, EV sales in the country are starting to gain momentum \"beyond the biggest cities.” Over the past two years, tier 2 and tier 3 cities saw the fastest growth in EV sales, from about 4.5% penetration in 2020 to more than 25% in the current year. Meanwhile, demand from tier 4+ cities with a population ranging from 500,000 to under 1 million have also started to pick-up, with EV sales penetration expanding from under 3.5% in 2020 to nearly 20% in the current year.The remaining growth headroom observed pertaining to EV demand in tier 3+ cities are expected to bode favorably for NIO by the time its sub-brand rolls out in 2024. Between now and then, public charging infrastructure availability is expected to become more prominent in “smaller cities and towns” while “city-level policies that restrict the number of new license plates issues” start to ease in accordance to the nationwide mandate to support EV adoption and decarbonization, which would make strong tailwinds for NIO’s planned mass market offerings.Risks To ConsiderYet, the Chinese EV landscape is also becoming increasingly competitive. And NIO is not the only EV pureplay looking to better capture global market share by expanding into mass market offerings. In addition to BYD and SAIC-GM-Wuling as mentioned in the earlier section, EV pureplay rivals like XPeng (XPEV) have also introduced models in the sub-$30,000 price range, while Tesla’s Model 3 remains a favorite with increasingly attractive pricing.As discussed in a previous coverage on NIO, the company risks facing a pricing war in the near-term as competition ramps up, especially as consumer sentiment in the country wanes ahead of mounting macroeconomic uncertainties:Despite NIO’s in line 3Q22 sales, the drumbeat is growing louder on concerns over consumer weakness heading into the fourth quarter. COVID-induced mobility restrictions and production disruptions are hampering both supply and demand functions of the company’s profit and growth prospects, souring investors’ confidence in the stock. EV industry leader Tesla’s recent decision to pull the “pricing lever” in the region is also dialing up risks of a pricing war in China’s increasingly competitive EV market. Source: “Is NIO Stock A Buy After Q3’22 Earnings? Keep Your Eyes On COVID Zero.”But the delayed roll-out of NIO’s mass market offering until 2024 could offer a time cushion for the company to better weather through the near-term industry-specific and macroeconomic headwinds. For one, supply chain constraints stemming from the pandemic and the Russia-Ukraine war – particularly on auto semiconductors – are already showing structural signs of easing. Meanwhile, China’s record-setting household savings of $1.8 trillion YTD, or household savings rate of 30%, accumulated as a pre-emptive measure against looming macroeconomic uncertainties today could also imply a better demand environment in 2024 when cyclical challenges ease. As such, the launch of NIO’s sub-brands scheduled for 2024 could come at an opportune time when the global macroeconomic outlook is expected to improve while the transition to electric continues to gain momentum, offsetting some of the demand risks stemming from increasing competition.Fundamental And Valuation ImplicationsThe anticipated growth prospects stemming from NIO’s penetration in mass market opportunities with its planned sub-brands are not going to come at a cheap price. Auto manufacturing is one of the most capital-intensive endeavors out there – especially for those that are vertically integrated.Yet, NIO’s “semi-vertically integrated” manufacturing strategy, which involves in-house designed platforms (and ultimately, battery packs) and internal productions at its joint venture facility with Jianghuai Automobile Group (“JAC”) and partly municipal-owned facility at NeoPark, is expected to absorb some of the high ramp-up costs. The anticipated increase in demand for its mass market products is also expected to drive improved volumes to enable better economies of scale, especially if the company adopts a cross-brand platform-sharing strategy, which will likely fast-track its margin expansion trajectory towards and beyond breakeven by mid-decade.However, given materialization of said anticipated profits bolstered by NIO’s mass market penetration strategy is still further out into the future, related upside potential may take more time to come into fruition, which inadvertently, means a higher investment risk. This is a particularly critical consideration in today’s market climate for Chinese equities, especially those that are not yet profitable like NIO, given uncertainties spanning regulatory, macroeconomic, and geopolitical challenges.BYDOverview Of Sub-Brand StrategyDiffering from NIO, BYD is already an established automaker with a sprawling presence across China’s passenger vehicle market (and to a smaller extent, the global commercial vehicle market). Having just transitioned completely from the sale of ICE models to only new energy vehicles including hybrid plug-ins earlier this year, BYD has already taken China’s EV market by storm, with monthly sales by unit consistently exceeding six figures and setting new records. It is also one of the few legacy automakers that have managed to penetrate the burgeoning EV market at a profitable rate within a short period.Known for its prowess in the mass market vehicle segment, the legacy Chinese automaker is now planning its debut in the premium EV segment in early 2023 via its first sub-brand, “Yangwang” – a contrast to NIO’s longer-term growth strategy. The automaker is slated to debut a premium off-road electric SUV, dubbed the “R1,” as its first product under the Yangwang sub-brand, which will be priced in the RMB 800,000 to RMB 1.5 million range ($110,300 to $200,000+). Similar to BYD’s current new energy offerings, the Yangwang R1 will be offered in a battery-electric (“BEV”) powertrain and plug-in hybrid (“PHEV”) power-train capable of up to 650 hp, with a five- and seven-seater option, and be the “most expensive BYD ever.”The company has also recently announced intentions of another new brand that “specializes in professional and personalized identifies” as it looks to “build up its brand matrix” and better penetrate overseas opportunities across Asia, Europe, Latin America and other markets. Although details on the second sub-brand remain limited, it will likely complement Yangwang and help usher BYD into China’s “luxury SUV and sports car markets…[which] are the two most profitable vehicle segments [that it] does not have exposure to” yet. Given BYD is already profitable, the higher-priced premium offerings will likely further reinforce its margin expansion trajectory into the longer-term, and bolster its competitive advantage against premium rivals in the market.The OpportunityWhile EV penetration in the more affluent tier 1 and tier 2 cities across China is substantially higher than in smaller cities where lower-priced mass market offerings take a precedent appeal, there is still significant growth headroom remaining in the premium EV segment for BYD. As mentioned in the earlier section, EV penetration in Shanghai already exceeds 50%, while in the broader tier 1 and tier 2 cities it averages more than 36%. Plug-in hybrid SUVs are also of greater appeal, accounting for close to a quarter of China’s new passenger vehicle sales today, while remaining the fastest-growing EV segment, which makes strong tailwinds for BYD’s upcoming Yangwang R1 debut (recall that the R1 comes in both the BEV and PHEV powertrain).Market participants also anticipate BYD’s upcoming sub-brands to produce “the kind of EVs fit for the U.S., a market BYD has yet to enter.” This fits with BYD’s overseas aspirations for its passenger EV business over the longer-term, and would be a favorable complement to its existing presence in North America via its commercial EV sales. The U.S. EV market is expected to see a meaningful increase in adoption rates over coming years, thanks to favorable policy support like the latest “Inflation Reduction Act” (“IRA”), as well as broader improvements to EV battery technologies and range capabilities. Specifically, U.S. EV demand is expected to expand at a five-year CAGR of 28% through 2026, with further acceleration into the second half of the decade. Paired with a similar growth outlook in Canada (though at a comparatively nominal volume on a unit basis), Yangwang and other sub-brand offerings could potentially become an overseas share gainer for BYD.Risks To ConsiderWhile competition comes to mind as a top risk for automakers, BYD’s reputation as a quality mass market vehicle manufacturer could alleviate some of the said challenges. This is further corroborated by BYD’s pricing power with continued market share gains despite a recent decision to increase its vehicle MSRPs, as opposed to price cuts implemented by Tesla in an attempt to shore up demand.Instead, a key concern is BYD’s lack of presence in cutting-edge technological competencies, which premium EVs offered by NIO and Tesla tend to use as key selling points:What BYD lacks that others have is more of a digital DNA…BYD is still a hardware company. As good as it is assembling an EV profitably at scale, it hasn’t proven itself to be a tech-driven software-defined technology company. Source: BloombergWhile BYD intends for Yangwang to “build a high-end brand with disruptive technologies and products,” there has yet to be any details pertaining to the R1 that would differentiate the premium electric SUV from a digital aspect. Aside from potential ADAS features (which are pretty much standard across premium offerings at this point) speculated from BYD-released images that show the vehicle’s integration of LiDAR sensors, the company has yet to release much information about the vehicle’s performance, range capability, nor technological features. While BYD’s robust balance sheet could fund the development of software capabilities required for differentiation against competing premium offerings, relate innovations would take time to materialize, risking a costly catch-up game in the concentrated premium EV market.Fundamental And Valuation ImplicationsIn contrast to NIO, BYD is already a profitable company, with margins set for continued expansion as production ramps up on both its existing and upcoming vehicle models. And as mentioned in the earlier section, BYD’s upcoming foray in China’s premium electric SUV market would be beneficial to its bottom-line given said products would be priced higher to offset near-term ramp-up costs, with greater demand in the lucrative vehicle segment expected to support longer-term margin expansion through scale. With related operating cash flow generation realizable in the immediate term, BYD is also less vulnerable to the investment risks facing NIO as discussed in the earlier section.The stock is currently trading at a significant discount of 1.4x forward EV/sales compared to an average of about 4.1x among U.S. counterparts and 1.7x among Chinese EV start-ups. Given its profitable growth prospects both within the immediate- and over the longer-term, BYD makes a reasonable investment at current levels. But like all Chinese equities, BYD faces a slew of risks specific to the cohort, including China’s macroeconomic uncertainties (e.g., property slump, COVID Zero impacts, etc.) and regulatory challenges. Although BYD’s robust balance sheet has made its valuation relatively less vulnerable to the years-long selloff in Chinese equities, existing and potential investors in the stock should remain aware and not overlook said risks.Final ThoughtsBased on the foregoing analysis on NIO and BYD’s longer-term market share expansion strategies, both legacy and start-up Chinese EV makers alike show favorable growth prospects as the global transition to electric continues. While converging strategies will likely introduce further competition within the already highly concentrated EV landscape in China, significant opportunities remain across all vehicle and pricing segments, underscoring the still-nascent nature of the EV industry.With NIO being an EV upstart that has already established a reputation for making quality and innovative EVs, and BYD being a legacy automaker that has proven a profitable transition to electric is possible, both companies are well-positioned for further market share gains within and beyond the Chinese EV market. This would accordingly support favorable long-term upside potential for both stocks from current levels, especially BYD which boasts better immediate and future fundamental prospects, though macroeconomic, geopolitical, and regulatory risks will remain an overhang on their performance.","news_type":1},"isVote":1,"tweetType":1,"viewCount":189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9967875097,"gmtCreate":1670302604420,"gmtModify":1676538340729,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4099969523946750","authorIdStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9967875097","repostId":"2289286198","repostType":4,"repost":{"id":"2289286198","pubTimestamp":1670293847,"share":"https://ttm.financial/m/news/2289286198?lang=&edition=fundamental","pubTime":"2022-12-06 10:30","market":"us","language":"en","title":"NIO Is Taking Off - Buy The Bottom","url":"https://stock-news.laohu8.com/highlight/detail?id=2289286198","media":"Seeking Alpha","summary":"SummaryIt's been a while since NIO could be called cheap.NIO's stock went on a roller coaster ride, ","content":"<html><head></head><body><h2>Summary</h2><ul><li>It&#39;s been a while since NIO could be called cheap.</li><li>NIO&#39;s stock went on a roller coaster ride, declining by 85% from peak to trough.</li><li>Now with shares back around their 2020 levels NIO is a strong buy again.</li><li>Economies of scale, competitive advantages, and other elements should enable NIO to surpass future earnings estimates.</li><li>NIO&#39;s stock likely bottomed and should continue moving higher in the coming years.</li></ul><h2>NIO - Finally Cheap Again</h2><p>It&#39;s been a long time since <a href=\"https://laohu8.com/S/NIO\">NIO</a> was considered a bargain, but we are at that stage now. Its share price has remained relatively high since the early and mid days of 2020. That was the first time I bought this stock in the $10-$13 price range. Then, NIO&#39;s price increased, and I added in the $17-$20 range. I unloaded most of my NIO shares in the $50-$60 range in late 2020 and early 2021. With the stock back in the $10-$15 range, it may be an excellent time to build another longer-term position in NIO.</p><p><img src=\"https://static.seekingalpha.com/uploads/2022/12/4/48200183-1670154716115186.png\" tg-width=\"640\" tg-height=\"676\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>NIO (StockCharts.com)</p><p>NIO is gaining momentum, and as sentiment improves, the company&#39;s stock price could go much higher. Higher than anticipated revenue growth and more significant profitability may push NIO&#39;s stock price substantially higher in the coming years. At these extreme lows, NIO is a strong candidate for a 5x return by 2025 and remains a leading China segment portfolio pick for 2023 and beyond.</p><h2>NIO&#39;s Recent Results</h2><p>NIO recently missed earnings estimates by 14 cents, yet, revenue came in at $1.83 billion, beating estimates by $50 million. NIO also provided solid guidance for Q4, with expected deliveries in the 43,000-48,000 range for the fourth quarter (72-92% YoY increase). In November, NIO reported a record-high delivery number of 14,178 vehicles, a 30.3% YoY increase. NIO&#39;s delivery capacity continues to rise, while demand for NIO&#39;s vehicles remains robust. NIO should continue delivering solid revenue growth and could improve its profitability substantially as the company advances. </p><h2>NIO is a Special Case</h2><p>Many Chinese stocks may be undervalued here, but NIO is a particular case. NIO is a premium pure-play EV manufacturer, producing some of the best EVs globally. Moreover, NIO is a Chinese company, providing it with a home court advantage in the most significant EV market in the world. Furthermore, NIO is remarkably cheap relative to its Western counterparts, some of which still need to demonstrate the ability to mass-produce vehicles. </p><h2>NIO vs. Others Valuation</h2><p><b>Forward P/S Ratio </b></p><ul><li>NIO: 1.5</li><li>XPeng (XPEV): 1.34</li><li>Li Auto (LI): 1.6</li><li>Tesla (TSLA): 5</li><li>Lucid (LCID): 7</li><li>Rivian (RIVN): 5</li></ul><h4><b>The Takeaway</b></h4><p>The Chinese companies trade at significantly discounted multiples relative to their American counterparts. If NIO were valued close to Lucid&#39;s or Rivian&#39;s valuation, its stock would be around $50-$75. At about 1.5 times forward sales, NIO is dirt cheap, and the stock is a bargain.</p><h2><b>NIO&#39;s Revenues Projections </b></h2><p><img src=\"https://static.seekingalpha.com/uploads/2022/12/5/48200183-16702274033175266.png\" tg-width=\"640\" tg-height=\"221\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Revenue projections (SeekingAlpha.com )</p><p>Consensus revenue estimates are around $14 billion next year and roughly $18 billion in 2024. However, provided the negative sentiment associated with China, the economic slowdown, and other variables, revenue and EPS estimates have been adjusted lower in recent quarters and maybe lowballed. Realistically, NIO could generate around $15 billion in revenues next year, roughly $20 billion in 2024, and should expand sales to $25 billion or more in 2025. NIO&#39;s market cap is around $20 billion, implying a forward P/S ratio of only 1.33. Additionally, considering that NIO could bring in about <i>$25 billion</i> in revenues in 2025, its stock is trading at only around 0.8 times 2025 sales estimates now.</p><h2>Significant EPS Growth Potential</h2><p><img src=\"https://static.tigerbbs.com/fe8d5f7bf8fcedb8824d2a90edaddda9\" tg-width=\"640\" tg-height=\"242\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>EPS growth (SeekingAlpha.com)</p><p>NIO has significant earning potential, and it&#39;s well-positioned to benefit from cheap labor and improved efficiency as it expands its economies of scale. There is a high probability that due to higher productivity and efficiency, NIO can become more profitable sooner than many analysts expect now. Higher-end EPS estimates are for $0.50 in 2025, but as NIO revenue growth explodes, the company may become more profitable sooner, possibly delivering $1-$2 in EPS around the 2025-2027 timeline.</p><p><b>What NIO&#39;s stock price may look like in future years: </b></p><table><tbody><tr><td>Year</td><td>2022</td><td>2023</td><td>2024</td><td>2025</td><td>2026</td><td>2027</td><td>2028</td></tr><tr><td>Revenue Bs</td><td>$7.5</td><td>$15</td><td>$20</td><td>$26</td><td>$33</td><td>$42</td><td>$53</td></tr><tr><td>Revenue growth</td><td>32%</td><td>100%</td><td>33%</td><td>30%</td><td>28%</td><td>26%</td><td>25%</td></tr><tr><td>EPS</td><td>N/A</td><td>$0.20</td><td>$0.40</td><td>$0.95</td><td>$1.45</td><td>$1.95</td><td>$2.50</td></tr><tr><td>Forward P/E</td><td>65</td><td>60</td><td>55</td><td>50</td><td>45</td><td>40</td><td>35</td></tr><tr><td>Stock Price</td><td>$13</td><td>$24</td><td>$52</td><td>$73</td><td>$88</td><td>$100</td><td>$120</td></tr></tbody></table><p>Click to enlarge</p><p>Source: The Financial Prophet</p><h2><b>The Bottom Line - It&#39;s All About Sentiment </b></h2><p>The sentiment is crucial to any company, especially to a hyper-growth one like NIO. We see enormous revenue growth potential for NIO in future years. After the company streamlines revenues by 100% next year, we expect significant 25-35% annual revenue growth for several years. Therefore, there should be great demand and opportunity around the upcoming revenue increase phase. NIO should also improve its operations through increased efficiency and its economies of scale implementation. There is also a distinct probability that we will see gross, operating, and other income margins strengthening. Therefore, NIO&#39;s profitability and EPS could expand more significantly than expected in the coming years, and we could see NIO&#39;s stock price around $100 in several years.</p><h2>Risks to NIO</h2><p>Despite my bullish outlook, there are various risks to my thesis. Delisting fears and other detrimental factors related to China could continue to pressure NIO&#39;s stock price. Also, the company could run into various production issues and may not reach the production capacity I envision in time. Moreover, NIO&#39;s vehicles may experience a drop-off in demand, in which case the company&#39;s share price would suffer. NIO remains an elevated-risk investment, but there is substantial reward potential if everything goes right.</p></body></html>","source":"seekingalpha","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>NIO Is Taking Off - Buy The Bottom</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\">\nNIO Is Taking Off - Buy The Bottom\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-06 10:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4562414-nio-is-taking-off-buy-the-bottom><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryIt's been a while since NIO could be called cheap.NIO's stock went on a roller coaster ride, declining by 85% from peak to trough.Now with shares back around their 2020 levels NIO is a strong ...</p>\n\n<a href=\"https://seekingalpha.com/article/4562414-nio-is-taking-off-buy-the-bottom\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","NIO.SI":"蔚来"},"source_url":"https://seekingalpha.com/article/4562414-nio-is-taking-off-buy-the-bottom","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2289286198","content_text":"SummaryIt's been a while since NIO could be called cheap.NIO's stock went on a roller coaster ride, declining by 85% from peak to trough.Now with shares back around their 2020 levels NIO is a strong buy again.Economies of scale, competitive advantages, and other elements should enable NIO to surpass future earnings estimates.NIO's stock likely bottomed and should continue moving higher in the coming years.NIO - Finally Cheap AgainIt's been a long time since NIO was considered a bargain, but we are at that stage now. Its share price has remained relatively high since the early and mid days of 2020. That was the first time I bought this stock in the $10-$13 price range. Then, NIO's price increased, and I added in the $17-$20 range. I unloaded most of my NIO shares in the $50-$60 range in late 2020 and early 2021. With the stock back in the $10-$15 range, it may be an excellent time to build another longer-term position in NIO.NIO (StockCharts.com)NIO is gaining momentum, and as sentiment improves, the company's stock price could go much higher. Higher than anticipated revenue growth and more significant profitability may push NIO's stock price substantially higher in the coming years. At these extreme lows, NIO is a strong candidate for a 5x return by 2025 and remains a leading China segment portfolio pick for 2023 and beyond.NIO's Recent ResultsNIO recently missed earnings estimates by 14 cents, yet, revenue came in at $1.83 billion, beating estimates by $50 million. NIO also provided solid guidance for Q4, with expected deliveries in the 43,000-48,000 range for the fourth quarter (72-92% YoY increase). In November, NIO reported a record-high delivery number of 14,178 vehicles, a 30.3% YoY increase. NIO's delivery capacity continues to rise, while demand for NIO's vehicles remains robust. NIO should continue delivering solid revenue growth and could improve its profitability substantially as the company advances. NIO is a Special CaseMany Chinese stocks may be undervalued here, but NIO is a particular case. NIO is a premium pure-play EV manufacturer, producing some of the best EVs globally. Moreover, NIO is a Chinese company, providing it with a home court advantage in the most significant EV market in the world. Furthermore, NIO is remarkably cheap relative to its Western counterparts, some of which still need to demonstrate the ability to mass-produce vehicles. NIO vs. Others ValuationForward P/S Ratio NIO: 1.5XPeng (XPEV): 1.34Li Auto (LI): 1.6Tesla (TSLA): 5Lucid (LCID): 7Rivian (RIVN): 5The TakeawayThe Chinese companies trade at significantly discounted multiples relative to their American counterparts. If NIO were valued close to Lucid's or Rivian's valuation, its stock would be around $50-$75. At about 1.5 times forward sales, NIO is dirt cheap, and the stock is a bargain.NIO's Revenues Projections Revenue projections (SeekingAlpha.com )Consensus revenue estimates are around $14 billion next year and roughly $18 billion in 2024. However, provided the negative sentiment associated with China, the economic slowdown, and other variables, revenue and EPS estimates have been adjusted lower in recent quarters and maybe lowballed. Realistically, NIO could generate around $15 billion in revenues next year, roughly $20 billion in 2024, and should expand sales to $25 billion or more in 2025. NIO's market cap is around $20 billion, implying a forward P/S ratio of only 1.33. Additionally, considering that NIO could bring in about $25 billion in revenues in 2025, its stock is trading at only around 0.8 times 2025 sales estimates now.Significant EPS Growth PotentialEPS growth (SeekingAlpha.com)NIO has significant earning potential, and it's well-positioned to benefit from cheap labor and improved efficiency as it expands its economies of scale. There is a high probability that due to higher productivity and efficiency, NIO can become more profitable sooner than many analysts expect now. Higher-end EPS estimates are for $0.50 in 2025, but as NIO revenue growth explodes, the company may become more profitable sooner, possibly delivering $1-$2 in EPS around the 2025-2027 timeline.What NIO's stock price may look like in future years: Year2022202320242025202620272028Revenue Bs$7.5$15$20$26$33$42$53Revenue growth32%100%33%30%28%26%25%EPSN/A$0.20$0.40$0.95$1.45$1.95$2.50Forward P/E65605550454035Stock Price$13$24$52$73$88$100$120Click to enlargeSource: The Financial ProphetThe Bottom Line - It's All About Sentiment The sentiment is crucial to any company, especially to a hyper-growth one like NIO. We see enormous revenue growth potential for NIO in future years. After the company streamlines revenues by 100% next year, we expect significant 25-35% annual revenue growth for several years. Therefore, there should be great demand and opportunity around the upcoming revenue increase phase. NIO should also improve its operations through increased efficiency and its economies of scale implementation. There is also a distinct probability that we will see gross, operating, and other income margins strengthening. Therefore, NIO's profitability and EPS could expand more significantly than expected in the coming years, and we could see NIO's stock price around $100 in several years.Risks to NIODespite my bullish outlook, there are various risks to my thesis. Delisting fears and other detrimental factors related to China could continue to pressure NIO's stock price. Also, the company could run into various production issues and may not reach the production capacity I envision in time. Moreover, NIO's vehicles may experience a drop-off in demand, in which case the company's share price would suffer. NIO remains an elevated-risk investment, but there is substantial reward potential if everything goes right.","news_type":1},"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9964822017,"gmtCreate":1670121513139,"gmtModify":1676538306187,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4099969523946750","authorIdStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9964822017","repostId":"1106868966","repostType":4,"repost":{"id":"1106868966","pubTimestamp":1670119308,"share":"https://ttm.financial/m/news/1106868966?lang=&edition=fundamental","pubTime":"2022-12-04 10:01","market":"us","language":"en","title":"The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks","url":"https://stock-news.laohu8.com/highlight/detail?id=1106868966","media":"MarketWatch","summary":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recen","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4ea297d21c21aa352147913d693d00b2\" tg-width=\"700\" tg-height=\"1057\" referrerpolicy=\"no-referrer\"/></p><p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.</p><p>“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”</p><p>Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.</p><p>Cyclical stocks are beating S&amp;P 500S&amp;P 500 vs. industrials, materials, financialsSource: FactSet</p><p>The U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.</p><p>The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.</p><p>“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.</p><p>The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.</p><p>“That will be an important number,” said Slimmon.</p><p>The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.</p><p>“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.</p><p>This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.</p><p>“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.</p><p>Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.</p><p>“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.</p><h2>‘Massive technical recovery’</h2><p>Meanwhile, the S&amp;P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.</p><p>“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”</p><p>While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’</p><p>The  S&amp;P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb293aa6d2514340909debdea7fa337f\" tg-width=\"700\" tg-height=\"670\" referrerpolicy=\"no-referrer\"/><span>FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022</span></p><p>On Friday, the S&amp;P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.</p><p>Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”</p><p>But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&amp;P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”</p><p>Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.</p><p>Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.</p><p>“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”</p><p>U.S. stocks have taken some big swings lately, with the S&amp;P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&amp;P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.</p><p>“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-04 10:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at ...</p>\n\n<a href=\"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106868966","content_text":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.Cyclical stocks are beating S&P 500S&P 500 vs. industrials, materials, financialsSource: FactSetThe U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.“That will be an important number,” said Slimmon.The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.‘Massive technical recovery’Meanwhile, the S&P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’The  S&P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022On Friday, the S&P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”U.S. stocks have taken some big swings lately, with the S&P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9965737368,"gmtCreate":1670023772055,"gmtModify":1676538289211,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4099969523946750","authorIdStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9965737368","repostId":"1152464265","repostType":4,"repost":{"id":"1152464265","pubTimestamp":1670022054,"share":"https://ttm.financial/m/news/1152464265?lang=&edition=fundamental","pubTime":"2022-12-03 07:00","market":"us","language":"en","title":"11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall","url":"https://stock-news.laohu8.com/highlight/detail?id=1152464265","media":"Bloomberg","summary":"Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a Ha","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/cb8b5a354d9d687bd95cdff74dddc508\" tg-width=\"1214\" tg-height=\"811\" width=\"100%\" height=\"auto\"/></p><p>Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a Halloween party are still hanging from a doorway. Two boxes of Legos sit on the floor of one bedroom. And then there are the shoes—dozens of sneakers and heels piled in the foyer, left behind by employees who fled the island of New Providence last month when his cryptocurrency exchangeFTX imploded.</p><p>“It’s been an interesting few weeks,” Bankman-Fried says in a chipper tone as he greets me. It’s a muggy Saturday afternoon, eight days after FTX filed for bankruptcy. He’s shoeless, in white gym socks, a red T-shirt and wrinkled khaki shorts. His standard uniform.</p><p>This isn’t part of the typical tour Bankman-Fried gave to the many reporters who came to tell the tale of the boy-genius-crypto-billionaire who slept on a beanbag chair next to his desk and only got rich so he could give it all away, and it’s easy to see why. The apartment is at the top of one of the luxury condo buildings that border a marina in a gated community called Albany. Outside, deckhands buff the stanchions of a 200-foot yacht owned by a fracking billionaire. A bronze replica of Wall Street’s<i>Charging Bull</i>statue stands on the lawn, which is as manicured as the residents. I feel like I’ve crash-landed on an alien planet populated solely by the very rich and the people who work for them.</p><p>Bankman-Fried leads me down a marble-floored hallway to a small bedroom, where he perches on a plush brown couch. Always known for being jittery, he taps his foot so hard it rattles a coffee table, smacks gum and rubs his index finger with his thumb like he’s twirling an invisible fidget spinner. But he seems almost cheerful as he explains why he’s invited me into his 12,000-square-foot bolthole, against the advice of his lawyers, even as investigators from theUS Department of Justice probewhether he used customers’ funds to prop up his hedge fund, a crime that could send him to prison for years. (Spoiler alert: It sure looks like he did.)</p><p>“What I’m focusing on is what I can do, right now, to try and make things as right as possible,” Bankman-Fried says. “I can’t do that if I’m just focused on covering my ass.”</p><p>But he seems to be doing just that, with me here and all along the apology tour he’ll later embark on, which will include a video appearance at a<i>New York Times</i>conference and an interview on<i>Good Morning America</i>. He’s been trying to blame his firm’s failure on a hazy combination of comically poor bookkeeping, wildly misjudged risks and complete ignorance of what his hedge fund was doing. In other words, an alumnus of both MIT and the elite Wall Street trading firmJane Streetis arguing that he was just dumb with the numbers—not pulling a conscious fraud. Talking in detail to journalists about what’s certain to be the subject of extensive litigation seems like an unusual strategy, but it makes sense: The press helped him create his only-honest-man-in-crypto image, so why not use them to talk his way out of trouble?</p><p><img src=\"https://static.tigerbbs.com/79b2ba9ef6da8454146f200cdc460f6e\" tg-width=\"1000\" tg-height=\"666\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Bankman-Fried after an interview on<i>Bloomberg Wealth With David Rubenstein</i>on Aug. 17, 2022.Photographer: Jeenah Moon/Bloomberg</p><p>He doesn’t say so, but one reason he might be willing to speak with me is that I’m one of the reporters who helped build him up. After spending two days at FTX’s offices in February, I flew past the brightred flagsat his company—its lack of corporate governance, the ties to his Alameda Research hedge fund, its profligate spending on marketing, the fact that it operated largely outside US jurisdiction. Iwrote a storyfocused on whether Bankman-Fried would follow through on his plans to donate huge sums to charity and his connections to an unusual philanthropic movement calledeffective altruism.</p><p>It wasn’t the most embarrassingly puffy of the many puff pieces that came out about him. (“After my interview with SBF, I was convinced: I was talking to a future trillionaire,” one writer said in an article commissioned by a venture capital firm.) But my tone wasn’t entirely dissimilar. “Bankman-Fried is a thought experiment from a college philosophy seminar come to life,” I wrote. “Should someone who wants to save the world first amass as much money and power as possible, or will the pursuit corrupt him along the way?” Now it seems pretty clear that a better question would’ve been whether the business was ascam from the start.</p><p>I tell Bankman-Fried I want to talk about the decisions that led to FTX’s collapse, and why he took them. Earlier in the week, inlate-night DM exchangeswith a<i>Vox</i>reporter and on a phone call with a YouTuber, he made comments that many interpreted as an admission that everything he said was a lie. (“So the ethics stuff, mostly a front?” the<i>Vox</i>reporter asked. “Yeah,” Bankman-Fried replied.) He’d spoken so cynically about his motivations that to many it seemed like a comic book character was pulling off his mask to reveal the villain who’d been hiding there all along.</p><p>I set out on this visit with a different working theory. Maybe I was feeling the tug of my past reporting, but I still didn’t think the talk about charity was all made up. Since he was a teenager, Bankman-Fried has described himself as utilitarian—following the philosophy that the correct action is the one likely to result in the greatest good for the greatest number of people. He said his endgame was making and donating enough money to prevent pandemics and stop runaway artificial intelligence from destroying humanity. Faced with a crisis, and believing he was the hero of his own sci-fi movie, he might’ve thought it was right to make a crazy, even illegal, gamble to save his company.</p><p>To be clear, if that’s what happened, it’s the logic of a megalomaniac, not a martyr. The money wasn’t his to gamble with, and “the ends justify the means” is a cliché of bad ethics. But if it’s what he believed, he might still think he’d made the right decision, even if it didn’t work out. It seemed to me that’s what he meant when he messaged<i>Vox</i>, “The worst quadrant is sketchy + lose. The best is win + ???” I want to probe that, in part because it might get him to talk more candidly about what had happened to his customers’ money.</p><p>I decide to approach the topic gingerly, on terms I think he’ll relate to, as it seems he’s in less of a crime-confess-y mood. He’s said he likes to evaluate decisions in terms of expected value—the odds of success times the likely payoff—so I begin by asking: “Should I judge you by your impact, or by the expected value of your decision?”</p><p>“When all is said and done, what matters is your actual realized impact. Like, that’s what actually matters to the world,” he says. “But, obviously, there’s luck.”</p><p>That’s the in I’m looking for. For the next 11 hours—with breaks for fundraising calls and a very awkward dinner—I try to get him to tell me exactly what he meant. He denies that he’s committed fraud or lied to anyone and blames FTX’s failure on his sloppiness and inattention. But at points it seems like he’s saying he got<i>un</i>lucky, or miscalculated the odds.</p><p>Bankman-Fried tells me he’s still got a chance to raise $8 billion to save his company. He seems delusional, or committed to pretending this is still an error he can fix, and either way, the few supporters remaining at his penthouse seem unlikely to set him straight. The grim scene reminds me a bit of the end of<i>Scarface</i>, with Tony Montana holed up in his mansion, semi-incoherent, his unknown enemies sneaking closer. But instead of mountains of cocaine, Bankman-Fried is clinging to spreadsheet tabs filled with wildly optimistic cryptocurrency valuations.</p><p>Think of FTX like an offshore casino. Customers sent in money, then gambled on the price of hundreds ofcryptocurrencies—not just Bitcoin or Ether, but more obscure coins. In crypto slang, the latter are called shitcoins, because almost no one knows what they’re for. But in the past few years, otherwise respectable people, from retired dentists to heads of state, convinced themselves that these coins werethe future of finance. Or at least that enough other people might think so to make the price go up. Bankman-Fried’s casino was growing so fast that earlier this year some of Silicon Valley’s top venture capitalists invested in it at a $32 billion valuation.</p><p>The problem surfaced last month. After a rival crypto-casino kingpin raised concerns about FTX on Twitter, customers rushed to cash in their chips. But when Bankman-Fried’s casino opened the vault, their money wasn’t there. According to multiple news reports citing people familiar with the matter, it had been secretly lent to Bankman-Fried’s hedge fund, which had lost it in some mix of bad bets, insane spending and perhaps something even sketchier. John Ray III, the lawyer who’s now chief executive officer of the bankrupt exchange, has alleged in court that FTX covered up the loans using secret software.</p><p>Bankman-Fried denies this again to me. Returning to the framework of expected value, I ask him if the decisions he made were correct.</p><p>“I think that I’ve made a lot of plus-EV decisions and a few very large boneheaded decisions,” he says. “Certainly in retrospect, those very large decisions were very bad, and may end up overwhelming everything else.”</p><p>The chain of events, in his telling, started about four years ago. Bankman-Fried was in Hong Kong, where he’d moved from Berkeley, California, with a small group of friends from the effective-altruism community. Together they ran a successful startup crypto hedge fund,Alameda Research. (The name itself was an early example of his casual attitude toward rules—it was chosen to avoid scrutiny from banks, which frequently closed its accounts. “If we named our company like, Shitcoin Daytraders Inc., they’d probably just reject us,” Bankman-Fried told a podcaster in 2021. “But, I mean, no one doesn’t like research.”)</p><p>The fund had made millions of dollars exploiting inefficiencies across cryptocurrency exchanges. (Ex-employees, even those otherwise critical of Bankman-Fried, have said this is true, though some have said Alameda then lost some of that money because of bad trades and mismanagement.) Bankman-Fried and his friends began considering starting their own exchange—what would become FTX.</p><p>The way Bankman-Fried later described this decision reveals his attitude toward risk. He estimated there was an 80% chance the exchange would fail to attract enough customers. But he’s said one should always take a bet, even a long-shot one, if the expected value is positive, calling this stance “risk neutral.” But it actually meant he would take risks that to a normal person sound insane. “As an individual, to make a bet where it’s like, ‘I’m going to gamble my $10 billion and either get $20 billion or $0, with equal probability,’ would be madness,” Rob Wiblin, host of an effective-altruism podcast, said to Bankman-Fried in April. “But from an altruistic point of view, it’s not so crazy.”</p><p>“Completely agree,” Bankman-Fried replied. He told another interviewer that he’d make a bet described as a chance of “51% you double the earth out somewhere else, 49% it all disappears.”</p><p>Bankman-Fried and his friends jump-started FTX by having Alameda provide liquidity. It was a huge conflict of interest. Imagine if the top executives at an online poker site also entered its high-stakes tournaments—the temptation to cheat by peeking at other players’ cards would be huge. But Bankman-Fried assured customers that Alameda would play by the same rules as everyone else, and enough people came to trade that FTX took off. “Having Alameda provide liquidity on FTX early on was the right decision, because I think that helped make FTX a great product for users, even though it obviously ended up backfiring,” Bankman-Fried tells me.</p><p>Part of FTX’s appeal was that it was mostly a derivatives exchange, which allowed customers to trade “on margin,” meaning with borrowed money. That’s a key to his defense. Bankman-Fried argues no one should be surprised that big traders on FTX, including Alameda, were borrowing from the exchange, and that his fund’s position just somehow got out of hand. “Everyone was borrowing and lending,” he says. “That’s been its calling card.” But FTX’s normal margin system, crypto traders tell me, would never have permitted anyone to accumulate a debt that looked like Alameda’s. When I ask if Alameda had to follow the same margin rules as other traders, he admits the fund did not. “There was more leeway,” he says.</p><p>That wouldn’t have been so important had Alameda stuck to its original trading strategy of relatively low-risk arbitrage trades. But in 2020 and 2021, as Bankman-Fried became the face of FTX, amajor political donorand a favorite of Silicon Valley, Alameda faced more competition in that market-making business. It shifted its strategy to, essentially, gambling on shitcoins.</p><p>As Caroline Ellison, then Alameda’s co-CEO, explained in aMarch 2021 post on Twitter: “The way to really make money is figure out when the market is going to go up and get balls long before that,” she wrote, adding that she’d learned the strategy from the classic market-manipulation memoir,<i>Reminiscences of a Stock Operator.</i>Her co-CEO said in another tweet that a profitable strategy was buying Dogecoin becauseElon Musktweeted about it.</p><p>The reason they were bragging about what sounded like a high schooler’s tactics was that it was working better than anyone knew. When we spoke in February 2022, Bankman-Fried told me that Alameda had made $1 billion the previous year. He now says that was Alameda’s arbitrage profits. On top of that, its shitcoins gained tens of billions of dollars of value, at least on paper. “If you mark everything to market, I do believe at one point my net worth got to $100 billion,” Bankman-Fried says.</p><p>Any trader would know this wasn’t nearly as good as it sounded. The large pile of tokens couldn’t be turned into cash without crashing the market. Much of it was even made of tokens that Bankman-Fried and his friends had spun up themselves, such as FTT, Serum or Maps—the official currency of a nonsensical crypto-meets-mapping app—or were closely affiliated with, like Solana. While Bankman-Fried acknowledges the pile was worth something less than $100 billion—maybe he’d mark it down a third, he says—he maintains that he could have extracted quite a lot of real money from his holdings.</p><p>But he didn’t. Instead, Alameda borrowed billions of dollars from other crypto lenders—not FTX—and sunk them into more crypto bets. Publicly, Bankman-Fried presented himself as an ethical operator andcalled for regulationto rein in crypto’s worst excesses. But through his hedge fund, he’d actually become the market’s most degenerate gambler. I ask him why, if he really thought he could sell the tokens, he didn’t. “Why not, like, take some risk off?”</p><p>“OK. In retrospect, absolutely. That would’ve been the right, like, unambiguously the right thing to do,” he says. “But also it was just, like, hilariously well-capitalized.”</p><p>Near the peak of the great shitcoin boom, in April 2022, FTX hosted a lavish conference at a resort and casino in Nassau. It was Bankman-Fried’s coming out party. He got to share the stage with quarterback Tom Brady. Also there: former Prime Minister Tony Blair and ex-President Bill Clinton, who extended a fatherly hand when the young crypto executive seemed nervous. The author Michael Lewis, who’s working on a book about Bankman-Fried, praised him in a fawning interview onstage. “You’re breaking land speed records. And I don’t think people are really noticing what’s happened, just how dramatic the revolution has become,” Lewis said, asking when crypto would take over Wall Street.</p><p>The next month, thecrypto crash began. It started when a popular set of coins called Terra and Luna collapsed, wiping out $60 billion. Terra and Luna were almost openly a Ponzi scheme, but some of the biggest crypto funds had invested in them with borrowed money and went bankrupt. This made the lenders who’d lent billions of dollars to Alameda nervous. They asked Alameda to repay the loans, with real money. It needed billions of dollars, fast, or it would go bust.</p><p>There are two different versions of what happened next. Two people with knowledge of the matter told me that Ellison, by then the sole head of Alameda, had told her side of the story to her staff amid the crisis. Ellison said that she, Bankman-Fried and his two top lieutenants—Gary Wang and Nishad Singh—had discussed the shortfall. Instead of admitting Alameda’s failure, they decided to use FTX customer funds to cover it, according to the people. If that’s true, all four executives would’ve knowingly committed fraud. (Ellison, Wang and Singh didn’t respond to messages seeking comment.)</p><p>When I put this to Bankman-Fried, he screws up his eyes, furrows his eyebrows, puts his hands in his hair and thinks for a few seconds.</p><p>“So, it’s not how I remember what happened,” Bankman-Fried says. But he surprises me by acknowledging that there had been a meeting, post-Luna crash, where they debated what to do about Alameda’s debts. The way he tells it, he was packing for a trip to DC and “only kibitzing on parts of the discussion.” It didn’t seem like a crisis, he says. It was a matter of extending a bit more credit to a fund that already traded on margin and still had a pile of collateral worth way more than enough to cover the loan. (Although the pile of collateral was largely shitcoins.)</p><p>“That was the point at which Alameda’s margin position on FTX got, well, it got more leveraged substantially,” he says. “Obviously, in retrospect, we should’ve just said no. I sort of didn’t realize then how large the position had gotten.”</p><p>“You were all aware there was a chance this would not work,” I say.</p><p>“That’s right,” he says. “But I thought that the risk was substantially smaller.”</p><p>I try to imagine what he could’ve been thinking. If FTX had liquidated Alameda’s position, the fund would’ve gone bankrupt, and even if the exchange didn’t take direct losses, customers would’ve lost confidence in it. Bankman-Fried points out that the companies that lent money to Alameda might have failed, too, causing a hard-to-predict cascade of events.</p><p>“Now let’s say you don’t margin call Alameda,” I posit. “Maybe you think there’s like a 70% chance everything will be OK, it’ll all work out?”</p><p>“Yes, but also in the cases where it didn’t work out, I thought the downside was not nearly as high as it was,” he says. “I thought that there was the risk of a much smaller hole. I thought it was going to be manageable.”</p><p>Bankman-Fried pulls out his laptop (an Acer Predator) and opens a spreadsheet to show what he meant. It’s similar to thebalance sheethe reportedly showed investors when he was seeking a last-minute bailout, which he says consolidated FTX and Alameda’s positions because by then the fund had defaulted on its debt. On one line—labeled “What I *thought*”—he lists $8.9 billion in debts and way more than enough money to pay them: $9 billion in liquid assets, $15.4 billion in “less liquid” assets and $3.2 billion in “illiquid” ones. He tells me this was more or less the position he was considering when he had the meeting with the other executives.</p><p>“It looks naively to me like, you know, there’s still some significant liabilities out there, but, like, we should be able to cover it,” he says.</p><p>“So what’s the problem, then?”</p><p>Bankman-Fried points to another place on the spreadsheet, which he says shows the actual truth of the situation at the time of the meeting. This one shows similar numbers, but with $8 billion less liquid assets.</p><p>“What’s the difference between these two rows here?” he asks.</p><p>“You didn’t have $8 billion in cash that you thought you had,” I say.</p><p>“That’s correct. Yes.”</p><p>“You misplaced $8 billion?” I ask.</p><p>“Misaccounted,” Bankman-Fried says, sounding almost proud of his explanation. Sometimes, he says, customers would wire money to Alameda Research instead of sending it directly to FTX. (Some banks were more willing to work with the hedge fund than the exchange, for some reason.) He claims that somehow, FTX’s internal accounting system double-counted this money, essentially crediting it to both the exchange and the fund.</p><p>That still doesn’t explain why the money was gone. “Where did the $8 billion go?” I ask.</p><p>To answer, Bankman-Fried creates a new tab on the spreadsheet and starts typing. He lists Alameda and FTX’s biggest cash flows. One of the biggest expenses is paying a net $2.5 billion toBinance, a rival, to buy out its investment in FTX. He also lists $250 million for real estate, $1.5 billion for expenses, $4 billion for venture capital investments, $1.5 billion for acquisitions and $1 billion labeled “fuckups.” Even accounting for both firms’ profits, and all the venture capital money raised by FTX, it tallies to negative $6.5 billion.</p><p>Bankman-Fried is telling me that the billions of dollars customers wired to Alameda is gone simply because the companies spent way more than they made. He claims he paid so little attention to his expenses that he didn’t realize he was spending more than he was taking in. “I was real lazy about this mental math,” the former physics major says. He creates another column in his spreadsheet and types in much lower numbers to show what he thought he was spending at the time.</p><p>It seems to me like he is, without saying it exactly, blaming his underlings for FTX’s failure, especially Ellison, the head of Alameda. The two had dated and lived together at times. She was part of Bankman-Fried’s Future Fund, which was supposed to distribute FTX and Alameda’s earnings to effective-altruist-approved causes. It seems unlikely she would’ve blown billions of dollars without asking. “People might take, like, the TLDR as, like, it was my ex-girlfriend’s fault,” I tell him. “That is sort of what you’re saying.”</p><p>“I think the biggest failure was that it wasn’t entirely clear whose fault it was,” he says.</p><p>Bankman-Fried tells me he has to make a call. After a while, the sun goes down and I’m hungry. I’m allowed to join a group of Bankman-Fried’s supporters for dinner, as long as I don’t mention their names.</p><p>With the curtains drawn, the living room looks considerably less grand than it does in pictures. I’ve been told that FTX employees gathered here amid the crisis, while Bankman-Fried worked in another apartment. Addled by stress and sleep deprivation, they wept and hugged one another. Most didn’t say goodbye as they left the island, one by one. Many flew back to their childhood homes to be with their parents.</p><p>The supporters at the dinner tell me they feel like the press has been unfair. They say that Bankman-Fried and his friends weren’t the polyamorous partiers the tabloids have portrayed and that they did little besides work. Earlier in the week, a Bahamian man who’d served as FTX’s round-the-clock chauffeur and gofer also told me the reports weren’t true. “People make it seem like this big<i>Wolf of Wall Street</i>thing,” he said. “Bro, it was a bunch of nerds.”</p><p><img src=\"https://static.tigerbbs.com/b87535c118f069e782e80762398d0a9c\" tg-width=\"1000\" tg-height=\"1000\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Illustration: Maxime Mouysset for Bloomberg Businessweek</p><p>By the time I finish my plate of off-the-record rice and beans, Bankman-Fried is free again. We return to the study. He’s barefoot now, having balled up his gym socks and stuffed them behind a couch cushion. He lies on the couch, his computer on his lap. The light from the screen casts shadows of his curls on his forehead.</p><p>I notice a skin-colored patch on his arm. He tells me it’s a transdermal antidepressant, selegiline. I ask if he’s using it as a performance enhancer or to treat depression. “Nothing’s binary,” he says. “But I’ve been borderline depressed for my whole life.” He adds that he also sometimes takes Adderall—“10 milligrams at a time, a few times a day”—as did some of his colleagues, but that talk of drug use is overblown. “I don’t think that was the problem,” he says.</p><p>I tell Bankman-Fried my theory about his motivation, sidestepping the question of whether he misappropriated customer funds. Bankman-Fried denies that his world-saving goals made him willing to take giant gambles. As we talk more, it seems like he’s saying he made some kind of bet but hadn’t calculated the expected value properly.</p><p>“I was comfortable taking the risk that, like, I may end up kind of falling flat,” he says, staring at his computer screen, where he had pulled up a game and was leading an army of cartoon knights and fairies into battle. “But what actually happened was disastrously bad and, like, no significant chance of that happening would’ve made sense to risk, and that was a fuckup. Like, that was a mass miscalculation in downside.”</p><p>I read Bankman-Fried a post by Will MacAskill, one of the founders of the effective-altruism movement. He recruited Bankman-Fried into it when he was a junior at MIT and this year had joined the board of Bankman-Fried’s Future Fund. On Nov. 11,MacAskill wrote on Twitterthat Bankman-Fried had betrayed him. “For years, the EA community has emphasized the importance of integrity, honesty and the respect of common-sense moral constraints,” MacAskill wrote. “If customer funds were misused, then Sam did not listen; he must have thought he was above such considerations.”</p><p>Bankman-Fried closes his eyes and pushes his toes against one arm of the couch, clenching the other arm with his hands. “That’s not how I view what happened,” he says. “But I did fuck up. I think really what I want to say is, like, I’m really fucking sorry. By far the worst thing about this is that it will tarnish the reputation of people who are dedicated to doing nothing but what they thought was best for the world.” Bankman-Fried trails off. On his computer screen, his army casts spells and swings swords unattended.</p><p>I ask what he’d say to people who are comparing him to the most famous Ponzi schemer of recent times. “Bernie Madoff also said he had good intentions and gave a lot to charity,” I say.</p><p>“FTX was a legitimate, profitable, thriving business. And I fucked up by, like, allowing a margin position to get too big on it. One that endangered the platform. It was a completely unnecessary and unforced error, which like maybe I got super unlucky on, but, like, that was my bad.”</p><p>“It fucking sucks,” he adds. “But it wasn’t inherent to what the business was. It was just a fuckup. A huge fuckup.”</p><p>To me, it doesn’t really seem like a fuckup. Even if I believe that he misplaced and accidentally spent $8 billion, he’s already told me that Alameda had been allowed to violate FTX’s margin rules. This wasn’t some little technical thing. He was so proud of FTX’s margining system that he’d been lobbying regulators for it to be used on US exchanges instead of traditional safeguards. In May, Bankman-Fried himself said on Twitter that exchanges should never extend credit to a fund and put other customers’ assets at risk. He wrote that the idea an exchange would even have that discretion was “scary.” I read him the tweets and ask: “Isn’t that, like, exactly what you did, right around that time?”</p><p>“Yeah, I guess that’s kind of fair,” he says. Then he seems to claim that this was evidence the rules he was lobbying for were a good idea. “I think this is one of the things that would have stopped.”</p><p>“You had a rule on your platform. You didn’t follow it,” I say.</p><p>By now it’s past midnight, and—operating without the benefit of any prescription stimulants—I’m worn out. I ask Bankman-Fried if I can see the apartment’s deck before I leave. Outside, crickets chirp as we stand by the pool. The marina is dark, lit only by the spotlights of yachts. As I say goodbye, Bankman-Fried bites into a burger bun and starts talking about potential bailouts with one of his supporters.</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>11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall</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\">\n11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-03 07:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/features/2022-12-02/inside-sam-bankman-fried-s-bahamian-penthouse-after-ftx-s-collapse?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/features/2022-12-02/inside-sam-bankman-fried-s-bahamian-penthouse-after-ftx-s-collapse?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/features/2022-12-02/inside-sam-bankman-fried-s-bahamian-penthouse-after-ftx-s-collapse?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152464265","content_text":"Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a Halloween party are still hanging from a doorway. Two boxes of Legos sit on the floor of one bedroom. And then there are the shoes—dozens of sneakers and heels piled in the foyer, left behind by employees who fled the island of New Providence last month when his cryptocurrency exchangeFTX imploded.“It’s been an interesting few weeks,” Bankman-Fried says in a chipper tone as he greets me. It’s a muggy Saturday afternoon, eight days after FTX filed for bankruptcy. He’s shoeless, in white gym socks, a red T-shirt and wrinkled khaki shorts. His standard uniform.This isn’t part of the typical tour Bankman-Fried gave to the many reporters who came to tell the tale of the boy-genius-crypto-billionaire who slept on a beanbag chair next to his desk and only got rich so he could give it all away, and it’s easy to see why. The apartment is at the top of one of the luxury condo buildings that border a marina in a gated community called Albany. Outside, deckhands buff the stanchions of a 200-foot yacht owned by a fracking billionaire. A bronze replica of Wall Street’sCharging Bullstatue stands on the lawn, which is as manicured as the residents. I feel like I’ve crash-landed on an alien planet populated solely by the very rich and the people who work for them.Bankman-Fried leads me down a marble-floored hallway to a small bedroom, where he perches on a plush brown couch. Always known for being jittery, he taps his foot so hard it rattles a coffee table, smacks gum and rubs his index finger with his thumb like he’s twirling an invisible fidget spinner. But he seems almost cheerful as he explains why he’s invited me into his 12,000-square-foot bolthole, against the advice of his lawyers, even as investigators from theUS Department of Justice probewhether he used customers’ funds to prop up his hedge fund, a crime that could send him to prison for years. (Spoiler alert: It sure looks like he did.)“What I’m focusing on is what I can do, right now, to try and make things as right as possible,” Bankman-Fried says. “I can’t do that if I’m just focused on covering my ass.”But he seems to be doing just that, with me here and all along the apology tour he’ll later embark on, which will include a video appearance at aNew York Timesconference and an interview onGood Morning America. He’s been trying to blame his firm’s failure on a hazy combination of comically poor bookkeeping, wildly misjudged risks and complete ignorance of what his hedge fund was doing. In other words, an alumnus of both MIT and the elite Wall Street trading firmJane Streetis arguing that he was just dumb with the numbers—not pulling a conscious fraud. Talking in detail to journalists about what’s certain to be the subject of extensive litigation seems like an unusual strategy, but it makes sense: The press helped him create his only-honest-man-in-crypto image, so why not use them to talk his way out of trouble?Bankman-Fried after an interview onBloomberg Wealth With David Rubensteinon Aug. 17, 2022.Photographer: Jeenah Moon/BloombergHe doesn’t say so, but one reason he might be willing to speak with me is that I’m one of the reporters who helped build him up. After spending two days at FTX’s offices in February, I flew past the brightred flagsat his company—its lack of corporate governance, the ties to his Alameda Research hedge fund, its profligate spending on marketing, the fact that it operated largely outside US jurisdiction. Iwrote a storyfocused on whether Bankman-Fried would follow through on his plans to donate huge sums to charity and his connections to an unusual philanthropic movement calledeffective altruism.It wasn’t the most embarrassingly puffy of the many puff pieces that came out about him. (“After my interview with SBF, I was convinced: I was talking to a future trillionaire,” one writer said in an article commissioned by a venture capital firm.) But my tone wasn’t entirely dissimilar. “Bankman-Fried is a thought experiment from a college philosophy seminar come to life,” I wrote. “Should someone who wants to save the world first amass as much money and power as possible, or will the pursuit corrupt him along the way?” Now it seems pretty clear that a better question would’ve been whether the business was ascam from the start.I tell Bankman-Fried I want to talk about the decisions that led to FTX’s collapse, and why he took them. Earlier in the week, inlate-night DM exchangeswith aVoxreporter and on a phone call with a YouTuber, he made comments that many interpreted as an admission that everything he said was a lie. (“So the ethics stuff, mostly a front?” theVoxreporter asked. “Yeah,” Bankman-Fried replied.) He’d spoken so cynically about his motivations that to many it seemed like a comic book character was pulling off his mask to reveal the villain who’d been hiding there all along.I set out on this visit with a different working theory. Maybe I was feeling the tug of my past reporting, but I still didn’t think the talk about charity was all made up. Since he was a teenager, Bankman-Fried has described himself as utilitarian—following the philosophy that the correct action is the one likely to result in the greatest good for the greatest number of people. He said his endgame was making and donating enough money to prevent pandemics and stop runaway artificial intelligence from destroying humanity. Faced with a crisis, and believing he was the hero of his own sci-fi movie, he might’ve thought it was right to make a crazy, even illegal, gamble to save his company.To be clear, if that’s what happened, it’s the logic of a megalomaniac, not a martyr. The money wasn’t his to gamble with, and “the ends justify the means” is a cliché of bad ethics. But if it’s what he believed, he might still think he’d made the right decision, even if it didn’t work out. It seemed to me that’s what he meant when he messagedVox, “The worst quadrant is sketchy + lose. The best is win + ???” I want to probe that, in part because it might get him to talk more candidly about what had happened to his customers’ money.I decide to approach the topic gingerly, on terms I think he’ll relate to, as it seems he’s in less of a crime-confess-y mood. He’s said he likes to evaluate decisions in terms of expected value—the odds of success times the likely payoff—so I begin by asking: “Should I judge you by your impact, or by the expected value of your decision?”“When all is said and done, what matters is your actual realized impact. Like, that’s what actually matters to the world,” he says. “But, obviously, there’s luck.”That’s the in I’m looking for. For the next 11 hours—with breaks for fundraising calls and a very awkward dinner—I try to get him to tell me exactly what he meant. He denies that he’s committed fraud or lied to anyone and blames FTX’s failure on his sloppiness and inattention. But at points it seems like he’s saying he gotunlucky, or miscalculated the odds.Bankman-Fried tells me he’s still got a chance to raise $8 billion to save his company. He seems delusional, or committed to pretending this is still an error he can fix, and either way, the few supporters remaining at his penthouse seem unlikely to set him straight. The grim scene reminds me a bit of the end ofScarface, with Tony Montana holed up in his mansion, semi-incoherent, his unknown enemies sneaking closer. But instead of mountains of cocaine, Bankman-Fried is clinging to spreadsheet tabs filled with wildly optimistic cryptocurrency valuations.Think of FTX like an offshore casino. Customers sent in money, then gambled on the price of hundreds ofcryptocurrencies—not just Bitcoin or Ether, but more obscure coins. In crypto slang, the latter are called shitcoins, because almost no one knows what they’re for. But in the past few years, otherwise respectable people, from retired dentists to heads of state, convinced themselves that these coins werethe future of finance. Or at least that enough other people might think so to make the price go up. Bankman-Fried’s casino was growing so fast that earlier this year some of Silicon Valley’s top venture capitalists invested in it at a $32 billion valuation.The problem surfaced last month. After a rival crypto-casino kingpin raised concerns about FTX on Twitter, customers rushed to cash in their chips. But when Bankman-Fried’s casino opened the vault, their money wasn’t there. According to multiple news reports citing people familiar with the matter, it had been secretly lent to Bankman-Fried’s hedge fund, which had lost it in some mix of bad bets, insane spending and perhaps something even sketchier. John Ray III, the lawyer who’s now chief executive officer of the bankrupt exchange, has alleged in court that FTX covered up the loans using secret software.Bankman-Fried denies this again to me. Returning to the framework of expected value, I ask him if the decisions he made were correct.“I think that I’ve made a lot of plus-EV decisions and a few very large boneheaded decisions,” he says. “Certainly in retrospect, those very large decisions were very bad, and may end up overwhelming everything else.”The chain of events, in his telling, started about four years ago. Bankman-Fried was in Hong Kong, where he’d moved from Berkeley, California, with a small group of friends from the effective-altruism community. Together they ran a successful startup crypto hedge fund,Alameda Research. (The name itself was an early example of his casual attitude toward rules—it was chosen to avoid scrutiny from banks, which frequently closed its accounts. “If we named our company like, Shitcoin Daytraders Inc., they’d probably just reject us,” Bankman-Fried told a podcaster in 2021. “But, I mean, no one doesn’t like research.”)The fund had made millions of dollars exploiting inefficiencies across cryptocurrency exchanges. (Ex-employees, even those otherwise critical of Bankman-Fried, have said this is true, though some have said Alameda then lost some of that money because of bad trades and mismanagement.) Bankman-Fried and his friends began considering starting their own exchange—what would become FTX.The way Bankman-Fried later described this decision reveals his attitude toward risk. He estimated there was an 80% chance the exchange would fail to attract enough customers. But he’s said one should always take a bet, even a long-shot one, if the expected value is positive, calling this stance “risk neutral.” But it actually meant he would take risks that to a normal person sound insane. “As an individual, to make a bet where it’s like, ‘I’m going to gamble my $10 billion and either get $20 billion or $0, with equal probability,’ would be madness,” Rob Wiblin, host of an effective-altruism podcast, said to Bankman-Fried in April. “But from an altruistic point of view, it’s not so crazy.”“Completely agree,” Bankman-Fried replied. He told another interviewer that he’d make a bet described as a chance of “51% you double the earth out somewhere else, 49% it all disappears.”Bankman-Fried and his friends jump-started FTX by having Alameda provide liquidity. It was a huge conflict of interest. Imagine if the top executives at an online poker site also entered its high-stakes tournaments—the temptation to cheat by peeking at other players’ cards would be huge. But Bankman-Fried assured customers that Alameda would play by the same rules as everyone else, and enough people came to trade that FTX took off. “Having Alameda provide liquidity on FTX early on was the right decision, because I think that helped make FTX a great product for users, even though it obviously ended up backfiring,” Bankman-Fried tells me.Part of FTX’s appeal was that it was mostly a derivatives exchange, which allowed customers to trade “on margin,” meaning with borrowed money. That’s a key to his defense. Bankman-Fried argues no one should be surprised that big traders on FTX, including Alameda, were borrowing from the exchange, and that his fund’s position just somehow got out of hand. “Everyone was borrowing and lending,” he says. “That’s been its calling card.” But FTX’s normal margin system, crypto traders tell me, would never have permitted anyone to accumulate a debt that looked like Alameda’s. When I ask if Alameda had to follow the same margin rules as other traders, he admits the fund did not. “There was more leeway,” he says.That wouldn’t have been so important had Alameda stuck to its original trading strategy of relatively low-risk arbitrage trades. But in 2020 and 2021, as Bankman-Fried became the face of FTX, amajor political donorand a favorite of Silicon Valley, Alameda faced more competition in that market-making business. It shifted its strategy to, essentially, gambling on shitcoins.As Caroline Ellison, then Alameda’s co-CEO, explained in aMarch 2021 post on Twitter: “The way to really make money is figure out when the market is going to go up and get balls long before that,” she wrote, adding that she’d learned the strategy from the classic market-manipulation memoir,Reminiscences of a Stock Operator.Her co-CEO said in another tweet that a profitable strategy was buying Dogecoin becauseElon Musktweeted about it.The reason they were bragging about what sounded like a high schooler’s tactics was that it was working better than anyone knew. When we spoke in February 2022, Bankman-Fried told me that Alameda had made $1 billion the previous year. He now says that was Alameda’s arbitrage profits. On top of that, its shitcoins gained tens of billions of dollars of value, at least on paper. “If you mark everything to market, I do believe at one point my net worth got to $100 billion,” Bankman-Fried says.Any trader would know this wasn’t nearly as good as it sounded. The large pile of tokens couldn’t be turned into cash without crashing the market. Much of it was even made of tokens that Bankman-Fried and his friends had spun up themselves, such as FTT, Serum or Maps—the official currency of a nonsensical crypto-meets-mapping app—or were closely affiliated with, like Solana. While Bankman-Fried acknowledges the pile was worth something less than $100 billion—maybe he’d mark it down a third, he says—he maintains that he could have extracted quite a lot of real money from his holdings.But he didn’t. Instead, Alameda borrowed billions of dollars from other crypto lenders—not FTX—and sunk them into more crypto bets. Publicly, Bankman-Fried presented himself as an ethical operator andcalled for regulationto rein in crypto’s worst excesses. But through his hedge fund, he’d actually become the market’s most degenerate gambler. I ask him why, if he really thought he could sell the tokens, he didn’t. “Why not, like, take some risk off?”“OK. In retrospect, absolutely. That would’ve been the right, like, unambiguously the right thing to do,” he says. “But also it was just, like, hilariously well-capitalized.”Near the peak of the great shitcoin boom, in April 2022, FTX hosted a lavish conference at a resort and casino in Nassau. It was Bankman-Fried’s coming out party. He got to share the stage with quarterback Tom Brady. Also there: former Prime Minister Tony Blair and ex-President Bill Clinton, who extended a fatherly hand when the young crypto executive seemed nervous. The author Michael Lewis, who’s working on a book about Bankman-Fried, praised him in a fawning interview onstage. “You’re breaking land speed records. And I don’t think people are really noticing what’s happened, just how dramatic the revolution has become,” Lewis said, asking when crypto would take over Wall Street.The next month, thecrypto crash began. It started when a popular set of coins called Terra and Luna collapsed, wiping out $60 billion. Terra and Luna were almost openly a Ponzi scheme, but some of the biggest crypto funds had invested in them with borrowed money and went bankrupt. This made the lenders who’d lent billions of dollars to Alameda nervous. They asked Alameda to repay the loans, with real money. It needed billions of dollars, fast, or it would go bust.There are two different versions of what happened next. Two people with knowledge of the matter told me that Ellison, by then the sole head of Alameda, had told her side of the story to her staff amid the crisis. Ellison said that she, Bankman-Fried and his two top lieutenants—Gary Wang and Nishad Singh—had discussed the shortfall. Instead of admitting Alameda’s failure, they decided to use FTX customer funds to cover it, according to the people. If that’s true, all four executives would’ve knowingly committed fraud. (Ellison, Wang and Singh didn’t respond to messages seeking comment.)When I put this to Bankman-Fried, he screws up his eyes, furrows his eyebrows, puts his hands in his hair and thinks for a few seconds.“So, it’s not how I remember what happened,” Bankman-Fried says. But he surprises me by acknowledging that there had been a meeting, post-Luna crash, where they debated what to do about Alameda’s debts. The way he tells it, he was packing for a trip to DC and “only kibitzing on parts of the discussion.” It didn’t seem like a crisis, he says. It was a matter of extending a bit more credit to a fund that already traded on margin and still had a pile of collateral worth way more than enough to cover the loan. (Although the pile of collateral was largely shitcoins.)“That was the point at which Alameda’s margin position on FTX got, well, it got more leveraged substantially,” he says. “Obviously, in retrospect, we should’ve just said no. I sort of didn’t realize then how large the position had gotten.”“You were all aware there was a chance this would not work,” I say.“That’s right,” he says. “But I thought that the risk was substantially smaller.”I try to imagine what he could’ve been thinking. If FTX had liquidated Alameda’s position, the fund would’ve gone bankrupt, and even if the exchange didn’t take direct losses, customers would’ve lost confidence in it. Bankman-Fried points out that the companies that lent money to Alameda might have failed, too, causing a hard-to-predict cascade of events.“Now let’s say you don’t margin call Alameda,” I posit. “Maybe you think there’s like a 70% chance everything will be OK, it’ll all work out?”“Yes, but also in the cases where it didn’t work out, I thought the downside was not nearly as high as it was,” he says. “I thought that there was the risk of a much smaller hole. I thought it was going to be manageable.”Bankman-Fried pulls out his laptop (an Acer Predator) and opens a spreadsheet to show what he meant. It’s similar to thebalance sheethe reportedly showed investors when he was seeking a last-minute bailout, which he says consolidated FTX and Alameda’s positions because by then the fund had defaulted on its debt. On one line—labeled “What I *thought*”—he lists $8.9 billion in debts and way more than enough money to pay them: $9 billion in liquid assets, $15.4 billion in “less liquid” assets and $3.2 billion in “illiquid” ones. He tells me this was more or less the position he was considering when he had the meeting with the other executives.“It looks naively to me like, you know, there’s still some significant liabilities out there, but, like, we should be able to cover it,” he says.“So what’s the problem, then?”Bankman-Fried points to another place on the spreadsheet, which he says shows the actual truth of the situation at the time of the meeting. This one shows similar numbers, but with $8 billion less liquid assets.“What’s the difference between these two rows here?” he asks.“You didn’t have $8 billion in cash that you thought you had,” I say.“That’s correct. Yes.”“You misplaced $8 billion?” I ask.“Misaccounted,” Bankman-Fried says, sounding almost proud of his explanation. Sometimes, he says, customers would wire money to Alameda Research instead of sending it directly to FTX. (Some banks were more willing to work with the hedge fund than the exchange, for some reason.) He claims that somehow, FTX’s internal accounting system double-counted this money, essentially crediting it to both the exchange and the fund.That still doesn’t explain why the money was gone. “Where did the $8 billion go?” I ask.To answer, Bankman-Fried creates a new tab on the spreadsheet and starts typing. He lists Alameda and FTX’s biggest cash flows. One of the biggest expenses is paying a net $2.5 billion toBinance, a rival, to buy out its investment in FTX. He also lists $250 million for real estate, $1.5 billion for expenses, $4 billion for venture capital investments, $1.5 billion for acquisitions and $1 billion labeled “fuckups.” Even accounting for both firms’ profits, and all the venture capital money raised by FTX, it tallies to negative $6.5 billion.Bankman-Fried is telling me that the billions of dollars customers wired to Alameda is gone simply because the companies spent way more than they made. He claims he paid so little attention to his expenses that he didn’t realize he was spending more than he was taking in. “I was real lazy about this mental math,” the former physics major says. He creates another column in his spreadsheet and types in much lower numbers to show what he thought he was spending at the time.It seems to me like he is, without saying it exactly, blaming his underlings for FTX’s failure, especially Ellison, the head of Alameda. The two had dated and lived together at times. She was part of Bankman-Fried’s Future Fund, which was supposed to distribute FTX and Alameda’s earnings to effective-altruist-approved causes. It seems unlikely she would’ve blown billions of dollars without asking. “People might take, like, the TLDR as, like, it was my ex-girlfriend’s fault,” I tell him. “That is sort of what you’re saying.”“I think the biggest failure was that it wasn’t entirely clear whose fault it was,” he says.Bankman-Fried tells me he has to make a call. After a while, the sun goes down and I’m hungry. I’m allowed to join a group of Bankman-Fried’s supporters for dinner, as long as I don’t mention their names.With the curtains drawn, the living room looks considerably less grand than it does in pictures. I’ve been told that FTX employees gathered here amid the crisis, while Bankman-Fried worked in another apartment. Addled by stress and sleep deprivation, they wept and hugged one another. Most didn’t say goodbye as they left the island, one by one. Many flew back to their childhood homes to be with their parents.The supporters at the dinner tell me they feel like the press has been unfair. They say that Bankman-Fried and his friends weren’t the polyamorous partiers the tabloids have portrayed and that they did little besides work. Earlier in the week, a Bahamian man who’d served as FTX’s round-the-clock chauffeur and gofer also told me the reports weren’t true. “People make it seem like this bigWolf of Wall Streetthing,” he said. “Bro, it was a bunch of nerds.”Illustration: Maxime Mouysset for Bloomberg BusinessweekBy the time I finish my plate of off-the-record rice and beans, Bankman-Fried is free again. We return to the study. He’s barefoot now, having balled up his gym socks and stuffed them behind a couch cushion. He lies on the couch, his computer on his lap. The light from the screen casts shadows of his curls on his forehead.I notice a skin-colored patch on his arm. He tells me it’s a transdermal antidepressant, selegiline. I ask if he’s using it as a performance enhancer or to treat depression. “Nothing’s binary,” he says. “But I’ve been borderline depressed for my whole life.” He adds that he also sometimes takes Adderall—“10 milligrams at a time, a few times a day”—as did some of his colleagues, but that talk of drug use is overblown. “I don’t think that was the problem,” he says.I tell Bankman-Fried my theory about his motivation, sidestepping the question of whether he misappropriated customer funds. Bankman-Fried denies that his world-saving goals made him willing to take giant gambles. As we talk more, it seems like he’s saying he made some kind of bet but hadn’t calculated the expected value properly.“I was comfortable taking the risk that, like, I may end up kind of falling flat,” he says, staring at his computer screen, where he had pulled up a game and was leading an army of cartoon knights and fairies into battle. “But what actually happened was disastrously bad and, like, no significant chance of that happening would’ve made sense to risk, and that was a fuckup. Like, that was a mass miscalculation in downside.”I read Bankman-Fried a post by Will MacAskill, one of the founders of the effective-altruism movement. He recruited Bankman-Fried into it when he was a junior at MIT and this year had joined the board of Bankman-Fried’s Future Fund. On Nov. 11,MacAskill wrote on Twitterthat Bankman-Fried had betrayed him. “For years, the EA community has emphasized the importance of integrity, honesty and the respect of common-sense moral constraints,” MacAskill wrote. “If customer funds were misused, then Sam did not listen; he must have thought he was above such considerations.”Bankman-Fried closes his eyes and pushes his toes against one arm of the couch, clenching the other arm with his hands. “That’s not how I view what happened,” he says. “But I did fuck up. I think really what I want to say is, like, I’m really fucking sorry. By far the worst thing about this is that it will tarnish the reputation of people who are dedicated to doing nothing but what they thought was best for the world.” Bankman-Fried trails off. On his computer screen, his army casts spells and swings swords unattended.I ask what he’d say to people who are comparing him to the most famous Ponzi schemer of recent times. “Bernie Madoff also said he had good intentions and gave a lot to charity,” I say.“FTX was a legitimate, profitable, thriving business. And I fucked up by, like, allowing a margin position to get too big on it. One that endangered the platform. It was a completely unnecessary and unforced error, which like maybe I got super unlucky on, but, like, that was my bad.”“It fucking sucks,” he adds. “But it wasn’t inherent to what the business was. It was just a fuckup. A huge fuckup.”To me, it doesn’t really seem like a fuckup. Even if I believe that he misplaced and accidentally spent $8 billion, he’s already told me that Alameda had been allowed to violate FTX’s margin rules. This wasn’t some little technical thing. He was so proud of FTX’s margining system that he’d been lobbying regulators for it to be used on US exchanges instead of traditional safeguards. In May, Bankman-Fried himself said on Twitter that exchanges should never extend credit to a fund and put other customers’ assets at risk. He wrote that the idea an exchange would even have that discretion was “scary.” I read him the tweets and ask: “Isn’t that, like, exactly what you did, right around that time?”“Yeah, I guess that’s kind of fair,” he says. Then he seems to claim that this was evidence the rules he was lobbying for were a good idea. “I think this is one of the things that would have stopped.”“You had a rule on your platform. You didn’t follow it,” I say.By now it’s past midnight, and—operating without the benefit of any prescription stimulants—I’m worn out. I ask Bankman-Fried if I can see the apartment’s deck before I leave. Outside, crickets chirp as we stand by the pool. The marina is dark, lit only by the spotlights of yachts. As I say goodbye, Bankman-Fried bites into a burger bun and starts talking about potential bailouts with one of his supporters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":435,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9070661533,"gmtCreate":1657063303922,"gmtModify":1676535940191,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4099969523946750","idStr":"4099969523946750"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":21,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9070661533","repostId":"2249359585","repostType":4,"repost":{"id":"2249359585","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":1657061962,"share":"https://ttm.financial/m/news/2249359585?lang=&edition=fundamental","pubTime":"2022-07-06 06:59","market":"us","language":"en","title":"US STOCKS-S&P Ends Slightly Up, Nasdaq Higher","url":"https://stock-news.laohu8.com/highlight/detail?id=2249359585","media":"Reuters","summary":"* U.S. May factory orders rise more than expected* Energy shares tumble, technology shares upThe S&P","content":"<html><head></head><body><p>* U.S. May factory orders rise more than expected</p><p>* Energy shares tumble, technology shares up</p><p>The S&amp;P 500 ended slightly higher on Tuesday as investors kept their focus on the growth trajectory of the U.S. economy, and the tech-heavy Nasdaq closed higher.</p><p>U.S. stocks have been under relentless selling pressure this year, with the benchmark S&amp;P 500 index    recording its steepest first-half percentage drop since 1970, as the Federal Reserve moves away from easy-money policy by raising borrowing costs.</p><p>Investors are waiting for minutes from the Fed&#39;s meeting in June on Wednesday as they brace for another 75-basis-point rate hike at the end of the month.</p><p>Traders are also keeping a watch on economic data, including a June nonfarm payrolls report expected on Friday, and on company commentaries for signs of peaking inflation and cooling economic growth, with another earnings season around the corner.</p><p>Data showed new orders for U.S.-manufactured goods increased more than expected in May, reflecting that demand for products remains strong even as the Fed seeks to cool the economy.</p><p>Separately, business growth across the euro zone slowed further in June and European natural gas prices surged again, reigniting worries of a recession in the bloc.</p><p>&#34;The risks of an outright recession are nonzero and the probability is growing at this point that a recession could emerge later - this year, or perhaps even into early 2023,&#34; said Bill Northey, senior investment director at U.S. Bank Wealth Management in Minneapolis. &#34;And the U.S. labor market continues to look quite healthy.&#34;</p><p>According to preliminary data, the S&amp;P 500 gained 6.86 points, or 0.17%, to end at 3,831.80 points, while the Nasdaq Composite    gained 195.65 points, or 1.76%, to 11,323.49. The Dow Jones Industrial Average fell 127.99 points, or 0.41%, to 30,969.27.</p><p>Benchmark U.S. Treasury yields tumbled on Tuesday and a key part of the yield curve inverted for the first time in three weeks as economic growth concerns dented risk appetite and increased demand for the safe-haven U.S. debt.</p><p>Energy stocks hit five-month lows as recession fears darkened the outlook for oil demand. The tech sector    rose with rates coming down.</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 Ends Slightly Up, Nasdaq Higher</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 Ends Slightly Up, Nasdaq Higher\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\">2022-07-06 06:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* U.S. May factory orders rise more than expected</p><p>* Energy shares tumble, technology shares up</p><p>The S&amp;P 500 ended slightly higher on Tuesday as investors kept their focus on the growth trajectory of the U.S. economy, and the tech-heavy Nasdaq closed higher.</p><p>U.S. stocks have been under relentless selling pressure this year, with the benchmark S&amp;P 500 index    recording its steepest first-half percentage drop since 1970, as the Federal Reserve moves away from easy-money policy by raising borrowing costs.</p><p>Investors are waiting for minutes from the Fed&#39;s meeting in June on Wednesday as they brace for another 75-basis-point rate hike at the end of the month.</p><p>Traders are also keeping a watch on economic data, including a June nonfarm payrolls report expected on Friday, and on company commentaries for signs of peaking inflation and cooling economic growth, with another earnings season around the corner.</p><p>Data showed new orders for U.S.-manufactured goods increased more than expected in May, reflecting that demand for products remains strong even as the Fed seeks to cool the economy.</p><p>Separately, business growth across the euro zone slowed further in June and European natural gas prices surged again, reigniting worries of a recession in the bloc.</p><p>&#34;The risks of an outright recession are nonzero and the probability is growing at this point that a recession could emerge later - this year, or perhaps even into early 2023,&#34; said Bill Northey, senior investment director at U.S. Bank Wealth Management in Minneapolis. &#34;And the U.S. labor market continues to look quite healthy.&#34;</p><p>According to preliminary data, the S&amp;P 500 gained 6.86 points, or 0.17%, to end at 3,831.80 points, while the Nasdaq Composite    gained 195.65 points, or 1.76%, to 11,323.49. The Dow Jones Industrial Average fell 127.99 points, or 0.41%, to 30,969.27.</p><p>Benchmark U.S. Treasury yields tumbled on Tuesday and a key part of the yield curve inverted for the first time in three weeks as economic growth concerns dented risk appetite and increased demand for the safe-haven U.S. debt.</p><p>Energy stocks hit five-month lows as recession fears darkened the outlook for oil demand. The tech sector    rose with rates coming down.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","BK4524":"宅经济概念","BK4535":"淡马锡持仓","BK4559":"巴菲特持仓","QQQ":"纳指100ETF","SDOW":"道指三倍做空ETF-ProShares","BK4538":"云计算","DJX":"1/100道琼斯","BK4527":"明星科技股","BK4550":"红杉资本持仓","BK4579":"人工智能","SSO":"两倍做多标普500ETF",".SPX":"S&P 500 Index","DXD":"道指两倍做空ETF","BK4503":"景林资产持仓","DOG":"道指反向ETF","AMZN":"亚马逊","BK4551":"寇图资本持仓","BK4122":"互联网与直销零售","IVV":"标普500指数ETF","QID":"纳指两倍做空ETF","BK4561":"索罗斯持仓","SQQQ":"纳指三倍做空ETF","DDM":"道指两倍做多ETF","SDS":"两倍做空标普500ETF","SPY":"标普500ETF","BK4581":"高盛持仓","BK4504":"桥水持仓",".IXIC":"NASDAQ Composite","OEF":"标普100指数ETF-iShares","BK4548":"巴美列捷福持仓","SPXU":"三倍做空标普500ETF","QLD":"纳指两倍做多ETF","UPRO":"三倍做多标普500ETF","TQQQ":"纳指三倍做多ETF","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓",".DJI":"道琼斯","UDOW":"道指三倍做多ETF-ProShares","PSQ":"纳指反向ETF","BK4534":"瑞士信贷持仓","BK4507":"流媒体概念","OEX":"标普100","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","SH":"标普500反向ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2249359585","content_text":"* U.S. May factory orders rise more than expected* Energy shares tumble, technology shares upThe S&P 500 ended slightly higher on Tuesday as investors kept their focus on the growth trajectory of the U.S. economy, and the tech-heavy Nasdaq closed higher.U.S. stocks have been under relentless selling pressure this year, with the benchmark S&P 500 index    recording its steepest first-half percentage drop since 1970, as the Federal Reserve moves away from easy-money policy by raising borrowing costs.Investors are waiting for minutes from the Fed's meeting in June on Wednesday as they brace for another 75-basis-point rate hike at the end of the month.Traders are also keeping a watch on economic data, including a June nonfarm payrolls report expected on Friday, and on company commentaries for signs of peaking inflation and cooling economic growth, with another earnings season around the corner.Data showed new orders for U.S.-manufactured goods increased more than expected in May, reflecting that demand for products remains strong even as the Fed seeks to cool the economy.Separately, business growth across the euro zone slowed further in June and European natural gas prices surged again, reigniting worries of a recession in the bloc.\"The risks of an outright recession are nonzero and the probability is growing at this point that a recession could emerge later - this year, or perhaps even into early 2023,\" said Bill Northey, senior investment director at U.S. Bank Wealth Management in Minneapolis. \"And the U.S. labor market continues to look quite healthy.\"According to preliminary data, the S&P 500 gained 6.86 points, or 0.17%, to end at 3,831.80 points, while the Nasdaq Composite    gained 195.65 points, or 1.76%, to 11,323.49. The Dow Jones Industrial Average fell 127.99 points, or 0.41%, to 30,969.27.Benchmark U.S. Treasury yields tumbled on Tuesday and a key part of the yield curve inverted for the first time in three weeks as economic growth concerns dented risk appetite and increased demand for the safe-haven U.S. debt.Energy stocks hit five-month lows as recession fears darkened the outlook for oil demand. The tech sector    rose with rates coming down.","news_type":1},"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9928037635,"gmtCreate":1671149185027,"gmtModify":1676538498722,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4099969523946750","idStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":18,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9928037635","repostId":"2291168016","repostType":4,"repost":{"id":"2291168016","pubTimestamp":1671148936,"share":"https://ttm.financial/m/news/2291168016?lang=&edition=fundamental","pubTime":"2022-12-16 08:02","market":"us","language":"en","title":"Stocks Could Face Another Explosion of Volatility Friday As $4 Trillion of Options Expire in \"Quadruple Witching\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2291168016","media":"MarketWatch","summary":"Dow books affliction day in 3 month Thursday as recession fears rear alternate upThe banal bazaar co","content":"<html><head></head><body><p>Dow books affliction day in 3 month Thursday as recession fears rear alternate up</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f364b30b0ddc76e531ee4f6d1228eedb\" tg-width=\"1280\" tg-height=\"640\" referrerpolicy=\"no-referrer\"/><span>The banal bazaar could really-feel a little grumpier than accepted on Friday while “quadruple witching” rolls all over and a abundance of disinterestedness options and futures are set to expire.</span></p><p>Stocks have been on a agrarian ride this week, and altitude could still get weirder as traders brace for “quadruple witching” on Friday, while a flurry of disinterestedness options and futures affairs expire.</p><p>In particular, options affairs angry to $4 abundance in stocks, stock-index futures and exchange-traded payments are set to expire, authoritative Friday potentially the busiest day for options traders this year, in accordance to abstracts aggregate by Rocky Fishman, the arch of basis animation analysis at Goldman Sachs.</p><p>The term “quadruple witching” refers to days when a group of equity-linked options and futures contracts expire, such as tradestation telling. This only happens four times a year, once every quarter.</p><p><img src=\"https://static.tigerbbs.com/61ca827ef2d73c594ab99cd494f07b72\" tg-width=\"700\" tg-height=\"413\" referrerpolicy=\"no-referrer\"/></p><p>Additionally, the biggest slug of equity options expires in December, and this year is no exception, Fishman said, as the $4 trillion expiring Friday is the largest option exposure since at least the beginning of the year.</p><p>Reliance on options by both retail and institutional traders has increased this year as traders turn to short-term contracts to try to profit from large, last-minute swings, according to Callie Cox, US. Investment Analyst at eToro.</p><p>“We’ve seen a lot of retail clients look to options at the end of the year to think about hedging and speculating,” Cox said, adding that on Friday “there was going to be a huge option expiration.”</p><p>Options involving $2.4 trillion in S&amp;P 500 index futures are expected to be the main event on Friday, with hundreds of thousands of contracts with strike prices centered around the 4,000 level set to expire, according to Brent Kochuba, founder of options analytical service Spotgama.</p><p>Puts and calls on the large-cap index are “very focused on the 4,000 strike,” Kochuba said in emailed comments to MarketWatch, adding that the recent turbulence in the markets suggests that traders may be underestimating That’s how volatile markets can be at the end of the year.</p><p>The low level of liquidity, which is typical during the latter half of December, could weigh on stocks further as options dealers scramble to adjust their positions accordingly, said Garrett DeSimone, principal quant at Options Metrics.</p><p>“Large hypothetical expirations can cause turbulence, especially during periods of increased volatility or constrained liquidity. When large amounts are flushed through gamma expirations, it is important for market makers to adjust their delta hedges. Rebalancing has to go through. This can lead to short-term volatility in the markets, which can lead to higher volatility,” DeSimone said.</p><p>US stocks declined on Thursday, with the Dow Jones Industrial Average falling over 750 points to book its worst day in three months. S&amp;P 500 recorded its worst day in more than two months, while the Nasdaq Composite, It recorded its biggest decline since the beginning of November.</p></body></html>","source":"lsy1603348471595","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>Stocks Could Face Another Explosion of Volatility Friday As $4 Trillion of Options Expire in \"Quadruple Witching\"</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\">\nStocks Could Face Another Explosion of Volatility Friday As $4 Trillion of Options Expire in \"Quadruple Witching\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-16 08:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/stocks-could-face-another-explosion-of-volatility-friday-as-4-trillion-of-options-expire-in-quadruple-witching-11671142359?mod=dist_amp_social&link=sfmw_tw&redirect=amp><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dow books affliction day in 3 month Thursday as recession fears rear alternate upThe banal bazaar could really-feel a little grumpier than accepted on Friday while “quadruple witching” rolls all over ...</p>\n\n<a href=\"https://www.marketwatch.com/story/stocks-could-face-another-explosion-of-volatility-friday-as-4-trillion-of-options-expire-in-quadruple-witching-11671142359?mod=dist_amp_social&link=sfmw_tw&redirect=amp\">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.marketwatch.com/story/stocks-could-face-another-explosion-of-volatility-friday-as-4-trillion-of-options-expire-in-quadruple-witching-11671142359?mod=dist_amp_social&link=sfmw_tw&redirect=amp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2291168016","content_text":"Dow books affliction day in 3 month Thursday as recession fears rear alternate upThe banal bazaar could really-feel a little grumpier than accepted on Friday while “quadruple witching” rolls all over and a abundance of disinterestedness options and futures are set to expire.Stocks have been on a agrarian ride this week, and altitude could still get weirder as traders brace for “quadruple witching” on Friday, while a flurry of disinterestedness options and futures affairs expire.In particular, options affairs angry to $4 abundance in stocks, stock-index futures and exchange-traded payments are set to expire, authoritative Friday potentially the busiest day for options traders this year, in accordance to abstracts aggregate by Rocky Fishman, the arch of basis animation analysis at Goldman Sachs.The term “quadruple witching” refers to days when a group of equity-linked options and futures contracts expire, such as tradestation telling. This only happens four times a year, once every quarter.Additionally, the biggest slug of equity options expires in December, and this year is no exception, Fishman said, as the $4 trillion expiring Friday is the largest option exposure since at least the beginning of the year.Reliance on options by both retail and institutional traders has increased this year as traders turn to short-term contracts to try to profit from large, last-minute swings, according to Callie Cox, US. Investment Analyst at eToro.“We’ve seen a lot of retail clients look to options at the end of the year to think about hedging and speculating,” Cox said, adding that on Friday “there was going to be a huge option expiration.”Options involving $2.4 trillion in S&P 500 index futures are expected to be the main event on Friday, with hundreds of thousands of contracts with strike prices centered around the 4,000 level set to expire, according to Brent Kochuba, founder of options analytical service Spotgama.Puts and calls on the large-cap index are “very focused on the 4,000 strike,” Kochuba said in emailed comments to MarketWatch, adding that the recent turbulence in the markets suggests that traders may be underestimating That’s how volatile markets can be at the end of the year.The low level of liquidity, which is typical during the latter half of December, could weigh on stocks further as options dealers scramble to adjust their positions accordingly, said Garrett DeSimone, principal quant at Options Metrics.“Large hypothetical expirations can cause turbulence, especially during periods of increased volatility or constrained liquidity. When large amounts are flushed through gamma expirations, it is important for market makers to adjust their delta hedges. Rebalancing has to go through. This can lead to short-term volatility in the markets, which can lead to higher volatility,” DeSimone said.US stocks declined on Thursday, with the Dow Jones Industrial Average falling over 750 points to book its worst day in three months. S&P 500 recorded its worst day in more than two months, while the Nasdaq Composite, It recorded its biggest decline since the beginning of November.","news_type":1},"isVote":1,"tweetType":1,"viewCount":464,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9962063193,"gmtCreate":1669680248313,"gmtModify":1676538221544,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4099969523946750","idStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":3,"repostSize":1,"link":"https://ttm.financial/post/9962063193","repostId":"2287251460","repostType":4,"repost":{"id":"2287251460","pubTimestamp":1669676011,"share":"https://ttm.financial/m/news/2287251460?lang=&edition=fundamental","pubTime":"2022-11-29 06:53","market":"us","language":"en","title":"Elon Musk Calls Out Apple and CEO Tim Cook","url":"https://stock-news.laohu8.com/highlight/detail?id=2287251460","media":"TheStreet","summary":"'It is in this context that Musk said on Nov. 28 that Apple  - Get Free Reporthad stopped running its ads on Twitter. He even went so far as to publicly challenge CEO Cook by name.\"Apple has mostly stopped advertising on Twitter,\" the billionaire wrote. \"Do they hate free speech in America?\" Musk asked.Apple didn't immediately respond to a request for comment.\"Apple has spent $40 million on Twitter advertising so far this year,\" which makes the tech giant \"one of Twitter’s top advertisers in 202","content":"<html><head></head><body><p>The game of hide and seek between Elon Musk and Apple is over.  The tensions between them are finally erupting in the public square.</p><p>For several months now the question was when Musk would declare war with the iPhone maker and CEO Tim Cook. It is now done.</p><p>Since Musk took over the social network Twitter  (<b>TWTR</b>) - Get Free Report, he&#39;s been trying to find new sources of revenue.</p><p>Meantime, he&#39;s facing a boycott from many advertisers, including General Motors  (<b>GM</b>) - Get Free Report, General Mills  (<b>GIS</b>) - Get Free Report, Pfizer  (<b>PFE</b>) - Get Free Report, and Stellantis  (<b>STLA</b>) - Get Free Report. These companies have paused their ads as they await the details of Musk&#39;s content-management plans for Twitter.</p><p>They fear that the social network will become a &#34;hellscape,&#34; following assertions by Musk, who defines himself as a free-speech absolutist. This means he considers any message on the platform acceptable so long as it does not violate the law of the country in which it is posted.</p><h2>Free Speech vs. Brand Safety</h2><p>Top advertisers are also worried about brand safety and a lack of clarity regarding advertising leadership at Twitter after Musk fired most of the site&#39;s executives.</p><p>&#34;Freedom of speech is the bedrock of a strong democracy and must take precedence,&#34; the billionaire argued on Nov. 25.</p><p>In the name of free speech, Musk has reactivated former President Donald Trump&#39;s account and accounts known for anti-transgender posts like those of the conservative satirical site Babylon Bee and the Canadian conservative psychologist Jordan Peterson.</p><p>Musk also announced a general amnesty for all banned accounts, after having organized a related survey on the platform.</p><p>&#34;The people have spoken,&#34; he wrote on Nov. 24. &#34;Amnesty begins next week. Vox Populi, Vox Dei.&#34;</p><h2>&#39;What&#39;s Going On?&#39;</h2><p>It is in this context that Musk said on Nov. 28 that Apple  (<b>AAPL</b>) - Get Free Report had stopped running its ads on Twitter. He even went so far as to publicly challenge CEO Cook by name.</p><p>&#34;Apple has mostly stopped advertising on Twitter,&#34; the billionaire wrote. &#34;Do they hate free speech in America?&#34;</p><p>A few minutes later he tweeted to Cook directly.</p><p>&#34;What’s going on here @tim_cook?&#34; Musk asked.</p><p>Apple didn&#39;t immediately respond to a request for comment.</p><p>&#34;Apple has spent $40 million on Twitter advertising so far this year,&#34; which makes the tech giant &#34;one of Twitter’s top advertisers in 2022, according to Mediaradar.</p><p>“Apple has been a major advertiser on Twitter and, even before Elon’s statement today, we’ve seen spend taper in recent months given continued controversy,” said Todd Krizelman, CEO of MediaRadar, the New York provider of advertising intelligence.</p><p>He added that Apple’s ad investment in Twitter represents most of its social ad spend overall. To date, 84% of Apple&#39;s total social-media spend has gone to Twitter.</p><p>Ad revenue made up more than 91% of Twitter&#39;s revenue in the second quarter, with the rest coming from subscriptions. Musk is trying to rebalance things, but the billionaire is aware that he needs advertisers. At the beginning of November he had threatened them that he was going to publicly shame them.</p><p>By first attacking Apple, the largest company in the world based on market value, the Techno King seems to want to send a message to other advertisers that he was not kidding.</p><p>Besides advertising, Musk and Apple are also in conflict over their approach to acceptable content.</p><p>As app distributors, Apple via the Apple Store and Alphabet&#39;s  (<b>GOOGL</b>) - Get Free Report Google via Google Play have strict policies regarding hateful speech.</p><p>&#34;When people install an app from the App Store, they want to feel confident that it’s safe to do so -- that the app doesn’t contain upsetting or offensive content, won’t damage their device, and isn’t likely to cause physical harm from its use,&#34; the iPhone maker says in the Apple Store guidelines. &#34;If you’re looking to shock and offend people, the App Store isn’t the right place for your app.&#34;</p><p>Phil Schiller, who is responsible for leading the App Store and Apple Events, left Twitter after Musk said he was reactivating Trump&#39;s account. Schiller didn&#39;t give an explanation for his decision to deactivate his account, but it&#39;s curious that it happened right after Musk&#39;s announcement.</p><p>Musk has threatened to make a phone if Apple and Alphabet blocked Twitter.</p></body></html>","source":"thestreet_highlight","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>Elon Musk Calls Out Apple and CEO Tim Cook</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\">\nElon Musk Calls Out Apple and CEO Tim Cook\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-29 06:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/technology/elon-musk-calls-out-apple-tim-cook><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The game of hide and seek between Elon Musk and Apple is over.  The tensions between them are finally erupting in the public square.For several months now the question was when Musk would declare war ...</p>\n\n<a href=\"https://www.thestreet.com/technology/elon-musk-calls-out-apple-tim-cook\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0109391861.USD":"富兰克林美国机遇基金A Acc","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0823411888.USD":"法巴消费创新基金 Cap","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","BK4559":"巴菲特持仓","BK4527":"明星科技股","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0056508442.USD":"贝莱德世界科技基金A2","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","AAPL":"苹果","BK4574":"无人驾驶","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4573":"虚拟现实","LU2063271972.USD":"富兰克林创新领域基金","BK4581":"高盛持仓","BK4099":"汽车制造商","BK4511":"特斯拉概念","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4515":"5G概念","BK4532":"文艺复兴科技持仓","LU0149725797.USD":"汇丰美国股市经济规模基金","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","BK4555":"新能源车","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD"},"source_url":"https://www.thestreet.com/technology/elon-musk-calls-out-apple-tim-cook","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2287251460","content_text":"The game of hide and seek between Elon Musk and Apple is over.  The tensions between them are finally erupting in the public square.For several months now the question was when Musk would declare war with the iPhone maker and CEO Tim Cook. It is now done.Since Musk took over the social network Twitter  (TWTR) - Get Free Report, he's been trying to find new sources of revenue.Meantime, he's facing a boycott from many advertisers, including General Motors  (GM) - Get Free Report, General Mills  (GIS) - Get Free Report, Pfizer  (PFE) - Get Free Report, and Stellantis  (STLA) - Get Free Report. These companies have paused their ads as they await the details of Musk's content-management plans for Twitter.They fear that the social network will become a \"hellscape,\" following assertions by Musk, who defines himself as a free-speech absolutist. This means he considers any message on the platform acceptable so long as it does not violate the law of the country in which it is posted.Free Speech vs. Brand SafetyTop advertisers are also worried about brand safety and a lack of clarity regarding advertising leadership at Twitter after Musk fired most of the site's executives.\"Freedom of speech is the bedrock of a strong democracy and must take precedence,\" the billionaire argued on Nov. 25.In the name of free speech, Musk has reactivated former President Donald Trump's account and accounts known for anti-transgender posts like those of the conservative satirical site Babylon Bee and the Canadian conservative psychologist Jordan Peterson.Musk also announced a general amnesty for all banned accounts, after having organized a related survey on the platform.\"The people have spoken,\" he wrote on Nov. 24. \"Amnesty begins next week. Vox Populi, Vox Dei.\"'What's Going On?'It is in this context that Musk said on Nov. 28 that Apple  (AAPL) - Get Free Report had stopped running its ads on Twitter. He even went so far as to publicly challenge CEO Cook by name.\"Apple has mostly stopped advertising on Twitter,\" the billionaire wrote. \"Do they hate free speech in America?\"A few minutes later he tweeted to Cook directly.\"What’s going on here @tim_cook?\" Musk asked.Apple didn't immediately respond to a request for comment.\"Apple has spent $40 million on Twitter advertising so far this year,\" which makes the tech giant \"one of Twitter’s top advertisers in 2022, according to Mediaradar.“Apple has been a major advertiser on Twitter and, even before Elon’s statement today, we’ve seen spend taper in recent months given continued controversy,” said Todd Krizelman, CEO of MediaRadar, the New York provider of advertising intelligence.He added that Apple’s ad investment in Twitter represents most of its social ad spend overall. To date, 84% of Apple's total social-media spend has gone to Twitter.Ad revenue made up more than 91% of Twitter's revenue in the second quarter, with the rest coming from subscriptions. Musk is trying to rebalance things, but the billionaire is aware that he needs advertisers. At the beginning of November he had threatened them that he was going to publicly shame them.By first attacking Apple, the largest company in the world based on market value, the Techno King seems to want to send a message to other advertisers that he was not kidding.Besides advertising, Musk and Apple are also in conflict over their approach to acceptable content.As app distributors, Apple via the Apple Store and Alphabet's  (GOOGL) - Get Free Report Google via Google Play have strict policies regarding hateful speech.\"When people install an app from the App Store, they want to feel confident that it’s safe to do so -- that the app doesn’t contain upsetting or offensive content, won’t damage their device, and isn’t likely to cause physical harm from its use,\" the iPhone maker says in the Apple Store guidelines. \"If you’re looking to shock and offend people, the App Store isn’t the right place for your app.\"Phil Schiller, who is responsible for leading the App Store and Apple Events, left Twitter after Musk said he was reactivating Trump's account. Schiller didn't give an explanation for his decision to deactivate his account, but it's curious that it happened right after Musk's announcement.Musk has threatened to make a phone if Apple and Alphabet blocked Twitter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9010837822,"gmtCreate":1648336915567,"gmtModify":1676534327825,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4099969523946750","idStr":"4099969523946750"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9010837822","repostId":"1196027616","repostType":4,"repost":{"id":"1196027616","pubTimestamp":1648255536,"share":"https://ttm.financial/m/news/1196027616?lang=&edition=fundamental","pubTime":"2022-03-26 08:45","market":"us","language":"en","title":"Stock-Market Investors Should Watch the \"Best Leading Indicator of Trouble Ahead\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1196027616","media":"MarketWatch","summary":"Investors have been watching the U.S. Treasury yield curve for inversions, a reliable predictor of p","content":"<html><head></head><body><p>Investors have been watching the U.S. Treasury yield curve for inversions, a reliable predictor of past economic downturns.</p><p>They don’t always agree on which part of the curve is best to watch though.</p><p>“Yield curve inversion, and flatting, has been at the forefront for everyone,” said Pete Duffy, chief investment officer at Penn Capital Management Company, in Philadelphia, by phone.</p><p>“That’s because the Fed is so active and rates suddenly have gone up so quickly.”</p><p>An inversion of the yield curve happens when rates on longer bonds fall below those of shorter-term debt, a sign that investors think economic woes could lie ahead. Fears of an economic slowdown have been mounting as the Federal Reserve starts to tighten financial conditions while Russia’s Ukraine invasion threatens to keep key drivers of U.S. inflation high.</p><p>Lately, the attention has been on the 10-year Treasury yield TMUBMUSD10Y, 2.478% and shorter 2-year yield, where the spread fell to 13 basis points on Tuesday, up from a high of about 130 basis points five months ago.</p><p>Read: The yield curve is speeding toward inversion — here’s what investors need to know</p><p>But that’s not the only plot on the Treasury yield curve investors closely watch. The Treasury Department sells securities that mature in a range from a few days to 30 years, providing a lot of plots on the curve to follow.</p><p>“The focus has been on the 10s and 2s,” said Mark Heppenstall, chief investment officer at Penn Mutual Asset Management, in Horsham, Penn, a northern suburb of Philadelphia.</p><p>“I will hold out until the 10s to 3-month bills inverts before I turn too negative on the economic outlook,” he said, calling it “the best leading indicator of trouble ahead.”</p><h2>Watch 10-year, 3-month</h2><p>Instead of falling, that spread climbed in March, continuing its path higher since turning negative two years ago at the onset of the pandemic (see chart).</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7fe28818cd1806ee5afd5519332cf483\" tg-width=\"700\" tg-height=\"579\" width=\"100%\" height=\"auto\"/><span>The 3-month to 10-year yield spread is climbing Bloomberg data, Goelzer Investment Management</span></p><p>“The 3-month Treasury bill really tracks the Federal Reserve’s target rate,” said Gavin Stephens, director of portfolio management at Goelzer Investment Management in Indiana, by phone.</p><p>“So it gives you a more immediate picture of if the Federal Reserve has entered a restrictive state in terms of monetary policy and, thus, giving the possibility that economic growth is going to contract, which would be bad for stocks.”</p><p>Stocks were lower Friday, but with the S&amp;P 500 index SPX, +0.51% and the Nasdaq Composite Index COMP, -0.16% still up about 1.2% on the week. The three major indexes were 4.5% to 10.1% lower so far in 2022, according to FactSet.</p><p>By watching the 10s and 2s TMUBMUSD02Y, 2.280% spread, “You are looking at the expectations of where Fed Reserve interest rate policy is going to be over a period of two years,” Stephens said. “So, effectively, it’s working with a lag.”</p><p>On average, from the time the 10s and 2s curve inverts, until “there’s a recession, it’s almost two years,” he said, predicting that with unemployment recently pegged around 3.8% that, “this curve is going to invert when the economy is really strong.”</p><p>The Federal Reserve Bank of San Francisco also called the 3-month TMUBMUSD03M, 0.535% and 10-year curve relationship its “preferred spread measure because it has the strongest predictive power for future recessions,” such as in 2019, back when the yield curve was more regularly flashing recession warning signs.</p><p>“Did it see COVID coming?” Duffy said, of earlier yield curve inversions.</p><p>A more likely catalyst was that investors already were on a recession watch, with the American economy in its longest expansion period on record.</p><p>“There are a number of these curves that you need to look at in totality,” Duffy said. “We’ve always said look at many signals.”</p></body></html>","source":"lsy1603348471595","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>Stock-Market Investors Should Watch the \"Best Leading Indicator of Trouble Ahead\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock-Market Investors Should Watch the \"Best Leading Indicator of Trouble Ahead\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-26 08:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/why-this-part-of-the-treasury-yield-curve-may-be-the-best-leading-indicator-of-trouble-ahead-11648210025?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors have been watching the U.S. Treasury yield curve for inversions, a reliable predictor of past economic downturns.They don’t always agree on which part of the curve is best to watch though.“...</p>\n\n<a href=\"https://www.marketwatch.com/story/why-this-part-of-the-treasury-yield-curve-may-be-the-best-leading-indicator-of-trouble-ahead-11648210025?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/why-this-part-of-the-treasury-yield-curve-may-be-the-best-leading-indicator-of-trouble-ahead-11648210025?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196027616","content_text":"Investors have been watching the U.S. Treasury yield curve for inversions, a reliable predictor of past economic downturns.They don’t always agree on which part of the curve is best to watch though.“Yield curve inversion, and flatting, has been at the forefront for everyone,” said Pete Duffy, chief investment officer at Penn Capital Management Company, in Philadelphia, by phone.“That’s because the Fed is so active and rates suddenly have gone up so quickly.”An inversion of the yield curve happens when rates on longer bonds fall below those of shorter-term debt, a sign that investors think economic woes could lie ahead. Fears of an economic slowdown have been mounting as the Federal Reserve starts to tighten financial conditions while Russia’s Ukraine invasion threatens to keep key drivers of U.S. inflation high.Lately, the attention has been on the 10-year Treasury yield TMUBMUSD10Y, 2.478% and shorter 2-year yield, where the spread fell to 13 basis points on Tuesday, up from a high of about 130 basis points five months ago.Read: The yield curve is speeding toward inversion — here’s what investors need to knowBut that’s not the only plot on the Treasury yield curve investors closely watch. The Treasury Department sells securities that mature in a range from a few days to 30 years, providing a lot of plots on the curve to follow.“The focus has been on the 10s and 2s,” said Mark Heppenstall, chief investment officer at Penn Mutual Asset Management, in Horsham, Penn, a northern suburb of Philadelphia.“I will hold out until the 10s to 3-month bills inverts before I turn too negative on the economic outlook,” he said, calling it “the best leading indicator of trouble ahead.”Watch 10-year, 3-monthInstead of falling, that spread climbed in March, continuing its path higher since turning negative two years ago at the onset of the pandemic (see chart).The 3-month to 10-year yield spread is climbing Bloomberg data, Goelzer Investment Management“The 3-month Treasury bill really tracks the Federal Reserve’s target rate,” said Gavin Stephens, director of portfolio management at Goelzer Investment Management in Indiana, by phone.“So it gives you a more immediate picture of if the Federal Reserve has entered a restrictive state in terms of monetary policy and, thus, giving the possibility that economic growth is going to contract, which would be bad for stocks.”Stocks were lower Friday, but with the S&P 500 index SPX, +0.51% and the Nasdaq Composite Index COMP, -0.16% still up about 1.2% on the week. The three major indexes were 4.5% to 10.1% lower so far in 2022, according to FactSet.By watching the 10s and 2s TMUBMUSD02Y, 2.280% spread, “You are looking at the expectations of where Fed Reserve interest rate policy is going to be over a period of two years,” Stephens said. “So, effectively, it’s working with a lag.”On average, from the time the 10s and 2s curve inverts, until “there’s a recession, it’s almost two years,” he said, predicting that with unemployment recently pegged around 3.8% that, “this curve is going to invert when the economy is really strong.”The Federal Reserve Bank of San Francisco also called the 3-month TMUBMUSD03M, 0.535% and 10-year curve relationship its “preferred spread measure because it has the strongest predictive power for future recessions,” such as in 2019, back when the yield curve was more regularly flashing recession warning signs.“Did it see COVID coming?” Duffy said, of earlier yield curve inversions.A more likely catalyst was that investors already were on a recession watch, with the American economy in its longest expansion period on record.“There are a number of these curves that you need to look at in totality,” Duffy said. “We’ve always said look at many signals.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9968724199,"gmtCreate":1669335281811,"gmtModify":1676538183953,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4099969523946750","idStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/9968724199","repostId":"1123188420","repostType":4,"repost":{"id":"1123188420","pubTimestamp":1669347495,"share":"https://ttm.financial/m/news/1123188420?lang=&edition=fundamental","pubTime":"2022-11-25 11:38","market":"us","language":"en","title":"World Cup Mania Is Here: 2 Stocks That Are Poised to Gain","url":"https://stock-news.laohu8.com/highlight/detail?id=1123188420","media":"TipRanks","summary":"The World Cup – the biggest global sporting event – kicked off on Sunday in Qatar. Despite the tourn","content":"<div>\n<p>The World Cup – the biggest global sporting event – kicked off on Sunday in Qatar. Despite the tournament’s controversial location, the soccer (or as it is known by the rest of the world, football) ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/world-cup-mania-is-here-2-stocks-that-are-poised-to-gain\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>World Cup Mania Is Here: 2 Stocks That Are Poised to Gain</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\">\nWorld Cup Mania Is Here: 2 Stocks That Are Poised to Gain\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-25 11:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/world-cup-mania-is-here-2-stocks-that-are-poised-to-gain><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The World Cup – the biggest global sporting event – kicked off on Sunday in Qatar. Despite the tournament’s controversial location, the soccer (or as it is known by the rest of the world, football) ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/world-cup-mania-is-here-2-stocks-that-are-poised-to-gain\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FUBO":"fuboTV Inc.","EA":"艺电"},"source_url":"https://www.tipranks.com/news/article/world-cup-mania-is-here-2-stocks-that-are-poised-to-gain","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123188420","content_text":"The World Cup – the biggest global sporting event – kicked off on Sunday in Qatar. Despite the tournament’s controversial location, the soccer (or as it is known by the rest of the world, football) extravaganza is expected to draw an audience of billions who will tune in to watch icons such as Lionel Messi, Christiano Ronaldo and Kylian Mbappe attempt to get their hands on the Jules Rimet trophy and write their names and their countries’ fellow representatives into history.Just for context, the previous 2018 World Cup saw an audience of over 3.6 billion people watch matches, with the final drawing 1.12 billion viewers – that’s more than 5x above the viewing figures for the 2022 Super Bowl.Such a global happening is bound to have commercial implications and could be advantageous to certain categories. To which ones exactly? Streaming platforms, online betting, soccer video games, digital advertising and sporting goods/apparel, all come readily to mind as segments which could benefit.With this in mind, we delved into the TipRanks database and pulled up two names which could get a boost from this global sporting festival. Let’s kick off.Electronic Arts (EA)Attempting to emulate the skills of global sports gods is a favorite pastime for gamers and the first stock will look at is an expert at providing such thrills. Electronic Arts is one of the video gaming space’s titans and a home computer gaming trailblazer.Specifically relating to the World Cup, its EA Sports titles include the FIFA soccer game in addition to titles such as NBA Live, Madden NFL, and NHL. The portfolio, however, extends beyond just sports titles, and includes some of gaming’s most well-known brands like Apex Legends, Battlefield, Need for Speed, and Plants vs. Zombies, amongst others.After benefiting immensely from the work-from-home trend during the pandemic, the reopening and then the economic downturn have been headwinds for the gaming industry as sales have cooled down in 2022.As such, EA’s latest quarterly report, for the second fiscal quarter (September quarter) was a mixed affair. Net bookings fell by 5.4% year-over-year to $1.75 billion, missing the Street’s forecast by $30 million, while the company also lowered its FY 2023 net bookings outlook from the range between $7.90 billion to $8.10 billion to the range between $7.65 billion and $7.85 billion. The Street’s forecast stood at $7.97 billion.However, the company beat expectations on the bottom-line with EPS of $1.07 coming in ahead of the $1.00 consensus estimate. Moreover, the company raised its FY 2023 EPS forecast to around $3.11-$3.34 from the prior guidance of $2.79-$2.87.Wedbush analyst Michael Pachter makes note of the strong performance in the current quarter from the game which stands to benefit the most from the World Cup.“FIFA is off to a record start so far this quarter, and the company announced several initiatives to drive Ultimate Team engagement as the tournament progresses over the remainder of the quarter,” the analyst said. “We’re confident in EA’s ability to grow the franchise in a World Cup year, and especially confident in its ability to grow this quarter, which is historically strong on its own… We continue to believe that the video game industry is undervalued, having historically traded at a significant premium to the market multiple.”To this end, Pachter rates EA shares an Outperform (i.e. Buy) while his $164 price target makes room for 12-month gains of 25%.Looking at the consensus breakdown, based on 9 Buy ratings vs. 4 Holds, EA receives a Moderate Buy consensus rating.fuboTV (FUBO)Let’s now look at a stock that stands to benefit in a different way from the World Cup. FuboTV is a streaming platform, and one that is mainly focused on sports.In fact, upon its launch in 2015, the streaming service was focused solely on soccer, but in 2017 changed tack to become an all-sports service and later, targeting the cord-cutting trend morphed into a virtual multichannel video programming distributor (vMVPD) model offering also non-sports programs. That said, sports remain the main focal point and depending on region (the service is available in the U.S., Canada and Spain), subscribers can watch EPL, NBA, MLB, NFL, NHL, MLS, CPL games as well as international football.Those subscribers have been growing with each quarter as was the case again in Q3. North American subscribers rose by 31% year-over-year to a record 1,231,000, while international subs reached 358,000. All this helped the company generate revenue of $225 million, above the $213 million expected on Wall Street.Ongoing growth aside, the problem for FUBO has been one of profitability – or lack thereof – a situation the company hopes to fix by 2025. While the continued losses, along with other issues such as rising competition and the effects of inflation are worries for Wedbush’s Michael Pachter, the analyst believes the fact FUBO raised its revenue and subscriber outlook when it released the Q3 metrics is indicative of how the company can make headway on account of the games.“We think management’s confidence around Q4 results in due in part to increased political advertising, as well as the anticipated uptick in subscribers driven by the upcoming World Cup, which fuboTV will uniquely be broadcasting in 4K,” Pachter explained. “Given the upside and downside risk, we think the current share price affords a compelling entry point.”To this end, Pachter has an Outperform (i.e. Buy) rating for FUBO shares, backed by a $5 price target. There’s plenty of upsides – 80% to be exact – should the target be met over the next 12 months.Overall, with 3 Buy and Hold ratings, each, the stock claims a Moderate Buy consensus view.","news_type":1},"isVote":1,"tweetType":1,"viewCount":426,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9090430002,"gmtCreate":1643242338187,"gmtModify":1676533789086,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4099969523946750","idStr":"4099969523946750"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090430002","repostId":"2206589977","repostType":4,"repost":{"id":"2206589977","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":1643238051,"share":"https://ttm.financial/m/news/2206589977?lang=&edition=fundamental","pubTime":"2022-01-27 07:00","market":"us","language":"en","title":"Wall Street Gains Evaporate, S&P 500 Ends Lower on Fed Tightening Timeline","url":"https://stock-news.laohu8.com/highlight/detail?id=2206589977","media":"Reuters","summary":"* Tesla gyrates in after-market trading after results* Markets gyrate in closing minutes after Powel","content":"<html><head></head><body><p>* Tesla gyrates in after-market trading after results</p><p>* Markets gyrate in closing minutes after Powell Q&amp;A</p><p>* Mattel up on winning back Disney Princess license from Hasbro</p><p>* Indexes: Dow off 0.38%, S&amp;P down 0.15%, Nasdaq up 0.02%</p><p>NEW YORK, Jan 26 (Reuters) - The S&amp;P 500 ended lower on Wednesday, taking an abrupt nosedive that reversed earlier solid gains after the U.S. Federal Reserve released its statement at the conclusion of its two-day policy meeting.</p><p>All three major U.S. stock indexes gyrated wildly in the final minutes of a session that ended with the Dow joining the S&amp;P in negative territory and the Nasdaq eking out a nominal gain.</p><p>The indexes enjoyed a brief surge after the Federal Open Markets Committee left key interest rates near zero. But those gains quickly evaporated as the Fed statement warned it would soon begin raising the Fed Funds target rate to combat persistent inflation related to the COVID-hobbled supply chain.</p><p>&#34;With inflation well above 2 percent and a strong labor market, the Committee expects it will soon be appropriate to raise the target range for the federal funds rate,&#34; the statement said.</p><p>Stocks slid into negative territory once Fed Chairman Jerome Powell&#39;s subsequent Q&amp;A got under way, during which he warned that inflation remains above its long-run goal and supply problems are bigger and more long-lasting than previously thought.</p><p>&#34;When reporters asked Powell if the Fed would consider raising rates at every meeting, which would mean more than four  times this year, he didn’t say they wouldn’t, which indicates a flexibility to raise rates much more quickly (if necessary) than anyone was expecting,&#34; said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance in Charlotte, North Carolina.</p><p>The Dow Jones Industrial Average fell 129.64 points, or 0.38%, to 34,168.09, the S&amp;P 500 lost 6.52 points, or 0.15%, to 4,349.93 and the Nasdaq Composite added 2.82 points, or 0.02%, to 13,542.12.</p><p>While all 11 major sectors of the S&amp;P 500 spent much of the trading day green, by the time the dust settled only tech and financials showed gains.</p><p>Fourth-quarter reporting season has hit full stride, with one-fifth of the companies in the S&amp;P 500 having posted results. Of those, 81% have beaten consensus, according to Refinitiv data.</p><p>Microsoft Corp gained 2.8% after current-quarter revenue guidance, driven in part by its cloud business, came in above consensus.</p><p>Boeing Co was down 4.8% after the plane maker said it incurred $4.5 billion in charges in the fourth quarter related to its sidelined 787.</p><p>Toy maker Mattel Inc jumped 4.3% after regaining the right from rival Hasbro Inc to produce toys based on Walt Disney Co&#39;s &#34;Frozen&#34; franchise.</p><p>Shares of Tesla gyrated wildly in extended trade after the electric vehicle maker warned that its factories would run below capacity through 2022 due to supply-chain limitations.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.12-to-1 ratio; on Nasdaq, a 1.98-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 12 new 52-week highs and 9 new lows; the Nasdaq Composite recorded 28 new highs and 206 new lows.</p><p>Volume on U.S. exchanges was 14.50 billion shares, compared with the 11.58 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>Wall Street Gains Evaporate, S&P 500 Ends Lower on Fed Tightening Timeline</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 Gains Evaporate, S&P 500 Ends Lower on Fed Tightening Timeline\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\">2022-01-27 07:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Tesla gyrates in after-market trading after results</p><p>* Markets gyrate in closing minutes after Powell Q&amp;A</p><p>* Mattel up on winning back Disney Princess license from Hasbro</p><p>* Indexes: Dow off 0.38%, S&amp;P down 0.15%, Nasdaq up 0.02%</p><p>NEW YORK, Jan 26 (Reuters) - The S&amp;P 500 ended lower on Wednesday, taking an abrupt nosedive that reversed earlier solid gains after the U.S. Federal Reserve released its statement at the conclusion of its two-day policy meeting.</p><p>All three major U.S. stock indexes gyrated wildly in the final minutes of a session that ended with the Dow joining the S&amp;P in negative territory and the Nasdaq eking out a nominal gain.</p><p>The indexes enjoyed a brief surge after the Federal Open Markets Committee left key interest rates near zero. But those gains quickly evaporated as the Fed statement warned it would soon begin raising the Fed Funds target rate to combat persistent inflation related to the COVID-hobbled supply chain.</p><p>&#34;With inflation well above 2 percent and a strong labor market, the Committee expects it will soon be appropriate to raise the target range for the federal funds rate,&#34; the statement said.</p><p>Stocks slid into negative territory once Fed Chairman Jerome Powell&#39;s subsequent Q&amp;A got under way, during which he warned that inflation remains above its long-run goal and supply problems are bigger and more long-lasting than previously thought.</p><p>&#34;When reporters asked Powell if the Fed would consider raising rates at every meeting, which would mean more than four  times this year, he didn’t say they wouldn’t, which indicates a flexibility to raise rates much more quickly (if necessary) than anyone was expecting,&#34; said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance in Charlotte, North Carolina.</p><p>The Dow Jones Industrial Average fell 129.64 points, or 0.38%, to 34,168.09, the S&amp;P 500 lost 6.52 points, or 0.15%, to 4,349.93 and the Nasdaq Composite added 2.82 points, or 0.02%, to 13,542.12.</p><p>While all 11 major sectors of the S&amp;P 500 spent much of the trading day green, by the time the dust settled only tech and financials showed gains.</p><p>Fourth-quarter reporting season has hit full stride, with one-fifth of the companies in the S&amp;P 500 having posted results. Of those, 81% have beaten consensus, according to Refinitiv data.</p><p>Microsoft Corp gained 2.8% after current-quarter revenue guidance, driven in part by its cloud business, came in above consensus.</p><p>Boeing Co was down 4.8% after the plane maker said it incurred $4.5 billion in charges in the fourth quarter related to its sidelined 787.</p><p>Toy maker Mattel Inc jumped 4.3% after regaining the right from rival Hasbro Inc to produce toys based on Walt Disney Co&#39;s &#34;Frozen&#34; franchise.</p><p>Shares of Tesla gyrated wildly in extended trade after the electric vehicle maker warned that its factories would run below capacity through 2022 due to supply-chain limitations.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.12-to-1 ratio; on Nasdaq, a 1.98-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 12 new 52-week highs and 9 new lows; the Nasdaq Composite recorded 28 new highs and 206 new lows.</p><p>Volume on U.S. exchanges was 14.50 billion shares, compared with the 11.58 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":{"SPY":"标普500ETF",".DJI":"道琼斯","BA":"波音","MSFT":"微软",".IXIC":"NASDAQ Composite","BK4534":"瑞士信贷持仓",".SPX":"S&P 500 Index","BK4550":"红杉资本持仓","TSLA":"特斯拉","BK4504":"桥水持仓","BK4559":"巴菲特持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206589977","content_text":"* Tesla gyrates in after-market trading after results* Markets gyrate in closing minutes after Powell Q&A* Mattel up on winning back Disney Princess license from Hasbro* Indexes: Dow off 0.38%, S&P down 0.15%, Nasdaq up 0.02%NEW YORK, Jan 26 (Reuters) - The S&P 500 ended lower on Wednesday, taking an abrupt nosedive that reversed earlier solid gains after the U.S. Federal Reserve released its statement at the conclusion of its two-day policy meeting.All three major U.S. stock indexes gyrated wildly in the final minutes of a session that ended with the Dow joining the S&P in negative territory and the Nasdaq eking out a nominal gain.The indexes enjoyed a brief surge after the Federal Open Markets Committee left key interest rates near zero. But those gains quickly evaporated as the Fed statement warned it would soon begin raising the Fed Funds target rate to combat persistent inflation related to the COVID-hobbled supply chain.\"With inflation well above 2 percent and a strong labor market, the Committee expects it will soon be appropriate to raise the target range for the federal funds rate,\" the statement said.Stocks slid into negative territory once Fed Chairman Jerome Powell's subsequent Q&A got under way, during which he warned that inflation remains above its long-run goal and supply problems are bigger and more long-lasting than previously thought.\"When reporters asked Powell if the Fed would consider raising rates at every meeting, which would mean more than four  times this year, he didn’t say they wouldn’t, which indicates a flexibility to raise rates much more quickly (if necessary) than anyone was expecting,\" said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance in Charlotte, North Carolina.The Dow Jones Industrial Average fell 129.64 points, or 0.38%, to 34,168.09, the S&P 500 lost 6.52 points, or 0.15%, to 4,349.93 and the Nasdaq Composite added 2.82 points, or 0.02%, to 13,542.12.While all 11 major sectors of the S&P 500 spent much of the trading day green, by the time the dust settled only tech and financials showed gains.Fourth-quarter reporting season has hit full stride, with one-fifth of the companies in the S&P 500 having posted results. Of those, 81% have beaten consensus, according to Refinitiv data.Microsoft Corp gained 2.8% after current-quarter revenue guidance, driven in part by its cloud business, came in above consensus.Boeing Co was down 4.8% after the plane maker said it incurred $4.5 billion in charges in the fourth quarter related to its sidelined 787.Toy maker Mattel Inc jumped 4.3% after regaining the right from rival Hasbro Inc to produce toys based on Walt Disney Co's \"Frozen\" franchise.Shares of Tesla gyrated wildly in extended trade after the electric vehicle maker warned that its factories would run below capacity through 2022 due to supply-chain limitations.Declining issues outnumbered advancing ones on the NYSE by a 2.12-to-1 ratio; on Nasdaq, a 1.98-to-1 ratio favored decliners.The S&P 500 posted 12 new 52-week highs and 9 new lows; the Nasdaq Composite recorded 28 new highs and 206 new lows.Volume on U.S. exchanges was 14.50 billion shares, compared with the 11.58 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":295,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9964822017,"gmtCreate":1670121513139,"gmtModify":1676538306187,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4099969523946750","idStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9964822017","repostId":"1106868966","repostType":4,"repost":{"id":"1106868966","pubTimestamp":1670119308,"share":"https://ttm.financial/m/news/1106868966?lang=&edition=fundamental","pubTime":"2022-12-04 10:01","market":"us","language":"en","title":"The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks","url":"https://stock-news.laohu8.com/highlight/detail?id=1106868966","media":"MarketWatch","summary":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recen","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4ea297d21c21aa352147913d693d00b2\" tg-width=\"700\" tg-height=\"1057\" referrerpolicy=\"no-referrer\"/></p><p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.</p><p>“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”</p><p>Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.</p><p>Cyclical stocks are beating S&amp;P 500S&amp;P 500 vs. industrials, materials, financialsSource: FactSet</p><p>The U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.</p><p>The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.</p><p>“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.</p><p>The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.</p><p>“That will be an important number,” said Slimmon.</p><p>The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.</p><p>“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.</p><p>This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.</p><p>“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.</p><p>Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.</p><p>“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.</p><h2>‘Massive technical recovery’</h2><p>Meanwhile, the S&amp;P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.</p><p>“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”</p><p>While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’</p><p>The  S&amp;P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb293aa6d2514340909debdea7fa337f\" tg-width=\"700\" tg-height=\"670\" referrerpolicy=\"no-referrer\"/><span>FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022</span></p><p>On Friday, the S&amp;P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.</p><p>Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”</p><p>But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&amp;P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”</p><p>Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.</p><p>Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.</p><p>“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”</p><p>U.S. stocks have taken some big swings lately, with the S&amp;P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&amp;P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.</p><p>“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe U.S. Economy Won’t Collapse Under Fed’s \"Weight\" Based on the Performance of These Sectors Despite Inflation and Oil Risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-04 10:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at ...</p>\n\n<a href=\"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/this-part-of-stock-market-signals-economy-wont-soon-collapse-under-feds-weight-as-investors-brace-for-oil-risks-inflation-data-11670074018?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106868966","content_text":"Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at the end of November by indicating its aggressive interest rate hikes could slow.“The leadership of the stock market is telling you that the economy isn’t going to collapse under the weight of the Fed in the near term,” said Andrew Slimmon, a senior portfolio manager for equities at Morgan Stanley Investment Management, in a phone interview. “I think you’re going to get a strong market into year-end.”Slimmon pointed to the outperformance of cyclical sectors of the market, including financials, industrials, and materials over the past couple months, saying that those sectors “would be rolling over dying” if the economy and corporate earnings were on the verge of collapse.Cyclical stocks are beating S&P 500S&P 500 vs. industrials, materials, financialsSource: FactSetThe U.S. added a robust 263,000 new jobs in November, exceeding the forecast of 200,000 from economists polled by The Wall Street Journal. The unemployment rate was unchanged at 3.7%, the U.S. Bureau of Labor Statistics reported Friday. That’s near a half-century low. Meanwhile, hourly pay rose 0.6% last month to an average of $32.82, the report shows.The “resilience” of the labor market and “resurgence in wage pressures” won’t keep the Fed from slowing its pace of rate hikes this month, Capital Economics said in an emailed note Friday. Capital Economics said it’s still expecting the central bank to reduce the size of its next interest rate hike in December to 50 basis points, after a string of 75-basis-point increases.“In the bigger picture, a strong job market is good for the economy and only bad because of the Fed’s mission to stifle inflation,” said Louis Navellier, chief investment officer at Navellier, in a note Friday.The Fed has been lifting its benchmark interest rate in an effort to tame high inflation that showed signs of easing in October based on consumer-price index data. This coming week, investors will get a reading on wholesale inflation for November as measured by the producer-price index. The PPI data will be released Dec. 9.“That will be an important number,” said Slimmon.The producer-price index is much more driven by supply issues than consumer demand, according to Jeffrey Kleintop, Charles Schwab’s chief global investment strategist.“I think the PPI pressures have peaked out based on the decline we’ve seen in supply chain problems,” Kleintop said in a phone interview. He said that he’s expecting that the upcoming PPI print may reinforce the overall message of central banks stepping down the pace of rate hikes.This coming week investors will also be keeping a close watch on initial jobless claims data, due out Dec. 8, as a leading indicator of the health of the labor market.“We are not out of the woods,” cautioned Morgan Stanley’s Slimmon. Although he’s optimistic about the stock market in the near term, partly because “there’s a lot of money on the sidelines” that could help fuel a rally, he pointed to the Treasury market’s inverted yield curve as reason for concern.Inversions, when shorter-term Treasury yields rise above longer-term rates, historically have preceded a recession.“Yield curves are excellent predictors of economic slowdowns, but they’re not very good predictors of when it will happen,” Slimmon said. His “suspicion” is that a recession could come after the first part of 2023.‘Massive technical recovery’Meanwhile, the S&P 500 index closed slightly lower Friday at 4,071.70, but still booked a weekly gain of 1.1% after surging Nov. 30 on Powell’s remarks at the Brookings Institution indicating that the Fed may downshift the size of its rate hikes at its Dec. 13-14 policy meeting.“The bears disparaged” the Powell-induced rally, saying his speech was “hawkish and didn’t justify the market’s bullish spin,” Yardeni Research said in a note emailed Dec. 1. But “we believe that the bulls correctly perceive that inflation peaked this summer and were relieved to hear Powell say that the Fed might be willing to let inflation subside without pushing the economy into a recession.”While this year’s inflation crisis has led investors to focus “solely on danger, not opportunity,” Powell was signaling that it’s time to look at the latter, according to Tom Lee, head of research at Fundstrat Global Advisors, in a note Friday morning. Lee already had been bullish ahead of Powell’s Brookings speech, detailing in a Nov. 28 note, 11 headwinds of 2022 that have ‘flipped.’The  S&P 500 has clawed its way back above its 200-day moving average, which Lee highlighted in his note Friday ahead of the stock market’s open. He pointed to the index’s second straight day of closing above that moving average as a “massive technical recovery,” writing that “in the ‘crisis’ of 2022, this has not happened (see below), so this is a break in pattern.”FUNDSTRAT GLOBAL ADVISORS NOTE FROM MORNING OF DEC. 2, 2022On Friday, the S&P 500 again closed above its 200-day moving average, which then stood at 4,046, according to FactSet data.Navellier said in a note Friday that the 200-day moving average was “important” to watch that day as whether the U.S. stock-market benchmark finished above or below it could “lead to further momentum in either direction.”But Charles Schwab’s Kleintop says he might “put a little less weight on the technicals” in a market that’s currently more macro driven. “When a simple word from Powell could push” the S&P 500 above or below the 200-day moving average, he said, “this is maybe not as much driven by supply or demand of equity by individual investors.”Kleintop said he’s eyeing a risk to the equity market next week: a price cap on Russian oil that could take effect as soon as Monday. He worries about how Russia may respond to such a cap. If the country moves to withhold oil from the global market, he said, that could cause “oil prices to shoot back up again” and add to inflationary pressures.Navellier, who said a “soft landing is still possible” if inflation falls faster than expected,  also expressed concern over energy prices in his note. “One thing that may re-ignite inflation would be a spike in energy prices, which is best hedged by overexposure to energy stocks,” he wrote.“Volatility is likely to remain high,” according to Navellier, who pointed to “the Fed’s resolve to keep tapping the brakes.”U.S. stocks have taken some big swings lately, with the S&P 500 climbing more than 5% last month after jumping 8% in October and sliding more than 9% in September, FactSet data show. Major benchmarks ended mixed Friday, but the S&P 500, Dow Jones Industrial Average and technology-heavy Nasdaq Composite each rose for a second straight week.“Keep the bias to quality earners,” said Navellier, “taking advantage to add on pullbacks.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9965600033,"gmtCreate":1669940420423,"gmtModify":1676538273559,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4099969523946750","idStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9965600033","repostId":"2288985598","repostType":4,"repost":{"id":"2288985598","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":1669935750,"share":"https://ttm.financial/m/news/2288985598?lang=&edition=fundamental","pubTime":"2022-12-02 07:02","market":"us","language":"en","title":"US STOCKS-Wall Street Ends Mixed; Salesforce Selloff Pressures Dow","url":"https://stock-news.laohu8.com/highlight/detail?id=2288985598","media":"Reuters","summary":"Salesforce drops on co-CEO exit planDollar General falls on slashing annual profit viewU.S. manufact","content":"<html><head></head><body><ul><li>Salesforce drops on co-CEO exit plan</li><li>Dollar General falls on slashing annual profit view</li><li>U.S. manufacturing shrinks for first time in 2-1/2 years in Nov</li></ul><p><img src=\"https://static.tigerbbs.com/e7238b54d469f0f4aff99a01c5ac690f\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>Dec 1 (Reuters) - Wall Street ended mixed on Thursday as a selloff in Salesforce weighed on the Dow, while traders digested U.S. data that suggested the Federal Reserve&#39;s interest rate hikes are working.</p><p>On Wednesday, the S&amp;P 500 surged over 3% on optimism the Fed might moderate its campaign of interest rate hikes.</p><p>U.S. manufacturing activity shrank in November for the first time in 2-1/2 years as higher borrowing costs weighed on demand for goods, data showed, evidence the Fed&#39;s rate hikes have cooled the economy.</p><p>The personal consumption expenditures (PCE) price index rose 0.3%, the same as in September, and over the 12 months through October the index increased 6.0% after advancing 6.3% the prior month.</p><p>Excluding the volatile food and energy components, the PCE price index rose 0.2%, one-tenth less than expected, after gaining 0.5% in September.</p><p>&#34;On a normal day, the package of data this morning would be pretty risk-on, but after the rally yesterday, I think it&#39;s not quite good enough to push another leg higher,&#34; said Ross Mayfield, an investment strategy analyst at Baird.</p><p>Wednesday&#39;s rally drove the S&amp;P 500 index above its 200-day moving average for the first time since April after Fed Chair Jerome Powell said it was time to slow the pace of interest rate hikes.</p><p>Traders now see a 79% chance the Fed will increase its key benchmark rate by 50 basis points in December and a 21% chance it will hike rates by 75 basis points.</p><p>Salesforce Inc tumbled after the software maker said Bret Taylor would step down as co-chief executive officer in January.</p><p>Dollar General Corp fell after the discount retailer cut its annual profit forecast, while Costco Wholesale Corp dropped after the membership-only retail chain reported slower sales growth in November.</p><p>According to preliminary data, the S&amp;P 500 lost 2.31 points, or 0.06%, to end at 4,077.80 points, while the Nasdaq Composite gained 15.22 points, or 0.13%, to 11,483.21. The Dow Jones Industrial Average fell 193.24 points, or 0.56%, to 34,397.42.</p><p>A report from the Labor Department on Thursday showed initial claims for state unemployment benefits dropped 16,000 to a seasonally adjusted 225,000 for the week ended Nov. 26.</p><p>Investors now await nonfarm payrolls data on Friday for clues about how rate hikes have affected the labor market.</p><p>With a month left in 2022, the S&amp;P 500 is down about 14% year to date, and the Nasdaq has lost about 27%. (Reporting by Ankika Biswas and Shreyashi Sanyal in Bengaluru, and by Noel Randewich in Oakland, Calif.; Editing by Shounak Dasgupta and David Gregorio)</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 Street Ends Mixed; Salesforce Selloff Pressures Dow</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 Street Ends Mixed; Salesforce Selloff Pressures Dow\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\">2022-12-02 07:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Salesforce drops on co-CEO exit plan</li><li>Dollar General falls on slashing annual profit view</li><li>U.S. manufacturing shrinks for first time in 2-1/2 years in Nov</li></ul><p><img src=\"https://static.tigerbbs.com/e7238b54d469f0f4aff99a01c5ac690f\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>Dec 1 (Reuters) - Wall Street ended mixed on Thursday as a selloff in Salesforce weighed on the Dow, while traders digested U.S. data that suggested the Federal Reserve&#39;s interest rate hikes are working.</p><p>On Wednesday, the S&amp;P 500 surged over 3% on optimism the Fed might moderate its campaign of interest rate hikes.</p><p>U.S. manufacturing activity shrank in November for the first time in 2-1/2 years as higher borrowing costs weighed on demand for goods, data showed, evidence the Fed&#39;s rate hikes have cooled the economy.</p><p>The personal consumption expenditures (PCE) price index rose 0.3%, the same as in September, and over the 12 months through October the index increased 6.0% after advancing 6.3% the prior month.</p><p>Excluding the volatile food and energy components, the PCE price index rose 0.2%, one-tenth less than expected, after gaining 0.5% in September.</p><p>&#34;On a normal day, the package of data this morning would be pretty risk-on, but after the rally yesterday, I think it&#39;s not quite good enough to push another leg higher,&#34; said Ross Mayfield, an investment strategy analyst at Baird.</p><p>Wednesday&#39;s rally drove the S&amp;P 500 index above its 200-day moving average for the first time since April after Fed Chair Jerome Powell said it was time to slow the pace of interest rate hikes.</p><p>Traders now see a 79% chance the Fed will increase its key benchmark rate by 50 basis points in December and a 21% chance it will hike rates by 75 basis points.</p><p>Salesforce Inc tumbled after the software maker said Bret Taylor would step down as co-chief executive officer in January.</p><p>Dollar General Corp fell after the discount retailer cut its annual profit forecast, while Costco Wholesale Corp dropped after the membership-only retail chain reported slower sales growth in November.</p><p>According to preliminary data, the S&amp;P 500 lost 2.31 points, or 0.06%, to end at 4,077.80 points, while the Nasdaq Composite gained 15.22 points, or 0.13%, to 11,483.21. The Dow Jones Industrial Average fell 193.24 points, or 0.56%, to 34,397.42.</p><p>A report from the Labor Department on Thursday showed initial claims for state unemployment benefits dropped 16,000 to a seasonally adjusted 225,000 for the week ended Nov. 26.</p><p>Investors now await nonfarm payrolls data on Friday for clues about how rate hikes have affected the labor market.</p><p>With a month left in 2022, the S&amp;P 500 is down about 14% year to date, and the Nasdaq has lost about 27%. (Reporting by Ankika Biswas and Shreyashi Sanyal in Bengaluru, and by Noel Randewich in Oakland, Calif.; Editing by Shounak Dasgupta and David Gregorio)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2288985598","content_text":"Salesforce drops on co-CEO exit planDollar General falls on slashing annual profit viewU.S. manufacturing shrinks for first time in 2-1/2 years in NovDec 1 (Reuters) - Wall Street ended mixed on Thursday as a selloff in Salesforce weighed on the Dow, while traders digested U.S. data that suggested the Federal Reserve's interest rate hikes are working.On Wednesday, the S&P 500 surged over 3% on optimism the Fed might moderate its campaign of interest rate hikes.U.S. manufacturing activity shrank in November for the first time in 2-1/2 years as higher borrowing costs weighed on demand for goods, data showed, evidence the Fed's rate hikes have cooled the economy.The personal consumption expenditures (PCE) price index rose 0.3%, the same as in September, and over the 12 months through October the index increased 6.0% after advancing 6.3% the prior month.Excluding the volatile food and energy components, the PCE price index rose 0.2%, one-tenth less than expected, after gaining 0.5% in September.\"On a normal day, the package of data this morning would be pretty risk-on, but after the rally yesterday, I think it's not quite good enough to push another leg higher,\" said Ross Mayfield, an investment strategy analyst at Baird.Wednesday's rally drove the S&P 500 index above its 200-day moving average for the first time since April after Fed Chair Jerome Powell said it was time to slow the pace of interest rate hikes.Traders now see a 79% chance the Fed will increase its key benchmark rate by 50 basis points in December and a 21% chance it will hike rates by 75 basis points.Salesforce Inc tumbled after the software maker said Bret Taylor would step down as co-chief executive officer in January.Dollar General Corp fell after the discount retailer cut its annual profit forecast, while Costco Wholesale Corp dropped after the membership-only retail chain reported slower sales growth in November.According to preliminary data, the S&P 500 lost 2.31 points, or 0.06%, to end at 4,077.80 points, while the Nasdaq Composite gained 15.22 points, or 0.13%, to 11,483.21. The Dow Jones Industrial Average fell 193.24 points, or 0.56%, to 34,397.42.A report from the Labor Department on Thursday showed initial claims for state unemployment benefits dropped 16,000 to a seasonally adjusted 225,000 for the week ended Nov. 26.Investors now await nonfarm payrolls data on Friday for clues about how rate hikes have affected the labor market.With a month left in 2022, the S&P 500 is down about 14% year to date, and the Nasdaq has lost about 27%. (Reporting by Ankika Biswas and Shreyashi Sanyal in Bengaluru, and by Noel Randewich in Oakland, Calif.; Editing by Shounak Dasgupta and David Gregorio)","news_type":1},"isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9095056821,"gmtCreate":1644793721373,"gmtModify":1676533960985,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4099969523946750","idStr":"4099969523946750"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095056821","repostId":"2210752103","repostType":4,"repost":{"id":"2210752103","pubTimestamp":1644714900,"share":"https://ttm.financial/m/news/2210752103?lang=&edition=fundamental","pubTime":"2022-02-13 09:15","market":"us","language":"en","title":"This Disruptive Company Has Explosive Growth Potential","url":"https://stock-news.laohu8.com/highlight/detail?id=2210752103","media":"Motley Fool","summary":"The company's latest innovation transforms how companies perform a routine task.","content":"<html><head></head><body><p><b>Paycom Software</b> (NYSE:PAYC) has been at the forefront of disrupting the payroll sector since CEO Chad Richison founded the company in 1998. His company revolutionized the payroll process by taking it entirely online. It has continued to be a disruptive force over the years, developing a single cloud-based software solution to help companies manage all their human resources (HR) processes.</p><p>The company&#39;s latest innovation, Beti, is once again disrupting the industry by changing the entire payroll procedure. It&#39;s helping drive explosive growth for Paycom, which could continue for years to come.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/933b605f0da9ea748d7fd549f8360a85\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><h2>A better payroll system</h2><p>Richison discussed Paycom&#39;s latest disruptive move on the fourth-quarter conference call. He noted that the company &#34;extended our platform to the employee even further through innovations like BETI, which enables employees to do their own payroll, and we are seeing very strong adoption and record employee usage.&#34;</p><p>The company sees Beti, which stands for Better Employee Transaction Interface, as the new way of doing payroll. The industry-first employee-driven payroll solution improves data accuracy, oversight, and user experience. It puts the payroll responsibility into the hands of employees, eliminating a multistep, imperfect, and time-consuming process for HR departments while giving employees more insight into their pay.</p><p>Richison stated on the call:</p><blockquote>For years, I have been predicting the end of the old model, whereby HR and payroll personnel&#39;s routine of inputting data for employees, is replaced by a self-service model that provides employees direct access to the database. The old model is dying and that is good for both the business and the employee. Paycom is leading this transformation.</blockquote><p>That&#39;s just the latest innovation from the company. The company&#39;s single-database HR platform works better than the cobbled-together systems that most companies use today. That has enabled Paycom to capitalize by offering companies an easy-to-use system that improves user experiences, allowing them to maximize the return on this investment in Paycom&#39;s software.</p><h2>An unstoppable growth driver</h2><p>This award-winning solution has been a smashing success. It helped drive record annual revenue retention of 94% in 2021, up from 93% in the prior year. It was also a key growth driver. The company ended the year with nearly 34,000 clients, up 9% compared to 2020. Meanwhile, revenue surged 29% year-over-year in the fourth quarter and 25.4% for the full year. Earnings grew even faster as its margin expanded despite aggressive spending to grow the business. The company delivered an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) margin of 39.7% of its revenue in 2021, up from 39.3% in 2020.</p><p>Paycom is only scratching the surface of its potential. Richison noted on the call that &#34;we still only have approximately 5% of the TAM (total available market) today, so there&#39;s plenty of runway ahead to expand and continue to capture market share.&#34; It&#39;s investing heavily to continue taking more market share. It opened five new outside sales offices over the last five months (<a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a>, Las Vegas, Jacksonville, New England, and South Jersey) -- bringing the total to 54 -- to expand its geographic reach. In addition, it has expanded the upper end of its target client size from those with up to 5,000 employees to those with upwards of 10,000 employees.</p><p>These catalysts have Paycom positioned to continue growing fast in 2022 and beyond. The cloud-based software company sees its revenue rising to more than $1.3 billion this year, putting it up nearly 25% from last year&#39;s total. Meanwhile, it sees a further improvement in its adjusted EBITDA margin to around 40% this year, suggesting continued strong profit growth.</p><h2>Lots of growth still ahead</h2><p>Paycom continues to disrupt the payroll industry by launching innovative software solutions that improve the process. While it has grown tremendously over the years, it still has lots of room to run. That upside potential makes it a stock that investors won&#39;t want to miss.</p></body></html>","source":"fool_stock","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>This Disruptive Company Has Explosive Growth Potential</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\">\nThis Disruptive Company Has Explosive Growth Potential\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-13 09:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/02/12/this-disruptive-company-has-explosive-growth-poten/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Paycom Software (NYSE:PAYC) has been at the forefront of disrupting the payroll sector since CEO Chad Richison founded the company in 1998. His company revolutionized the payroll process by taking it ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/02/12/this-disruptive-company-has-explosive-growth-poten/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PAYC":"Paycom Software, Inc.","BK4203":"医疗保健房地产投资信托","BK4528":"SaaS概念","BK4023":"应用软件"},"source_url":"https://www.fool.com/investing/2022/02/12/this-disruptive-company-has-explosive-growth-poten/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2210752103","content_text":"Paycom Software (NYSE:PAYC) has been at the forefront of disrupting the payroll sector since CEO Chad Richison founded the company in 1998. His company revolutionized the payroll process by taking it entirely online. It has continued to be a disruptive force over the years, developing a single cloud-based software solution to help companies manage all their human resources (HR) processes.The company's latest innovation, Beti, is once again disrupting the industry by changing the entire payroll procedure. It's helping drive explosive growth for Paycom, which could continue for years to come.Image source: Getty Images.A better payroll systemRichison discussed Paycom's latest disruptive move on the fourth-quarter conference call. He noted that the company \"extended our platform to the employee even further through innovations like BETI, which enables employees to do their own payroll, and we are seeing very strong adoption and record employee usage.\"The company sees Beti, which stands for Better Employee Transaction Interface, as the new way of doing payroll. The industry-first employee-driven payroll solution improves data accuracy, oversight, and user experience. It puts the payroll responsibility into the hands of employees, eliminating a multistep, imperfect, and time-consuming process for HR departments while giving employees more insight into their pay.Richison stated on the call:For years, I have been predicting the end of the old model, whereby HR and payroll personnel's routine of inputting data for employees, is replaced by a self-service model that provides employees direct access to the database. The old model is dying and that is good for both the business and the employee. Paycom is leading this transformation.That's just the latest innovation from the company. The company's single-database HR platform works better than the cobbled-together systems that most companies use today. That has enabled Paycom to capitalize by offering companies an easy-to-use system that improves user experiences, allowing them to maximize the return on this investment in Paycom's software.An unstoppable growth driverThis award-winning solution has been a smashing success. It helped drive record annual revenue retention of 94% in 2021, up from 93% in the prior year. It was also a key growth driver. The company ended the year with nearly 34,000 clients, up 9% compared to 2020. Meanwhile, revenue surged 29% year-over-year in the fourth quarter and 25.4% for the full year. Earnings grew even faster as its margin expanded despite aggressive spending to grow the business. The company delivered an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) margin of 39.7% of its revenue in 2021, up from 39.3% in 2020.Paycom is only scratching the surface of its potential. Richison noted on the call that \"we still only have approximately 5% of the TAM (total available market) today, so there's plenty of runway ahead to expand and continue to capture market share.\" It's investing heavily to continue taking more market share. It opened five new outside sales offices over the last five months (Manhattan, Las Vegas, Jacksonville, New England, and South Jersey) -- bringing the total to 54 -- to expand its geographic reach. In addition, it has expanded the upper end of its target client size from those with up to 5,000 employees to those with upwards of 10,000 employees.These catalysts have Paycom positioned to continue growing fast in 2022 and beyond. The cloud-based software company sees its revenue rising to more than $1.3 billion this year, putting it up nearly 25% from last year's total. Meanwhile, it sees a further improvement in its adjusted EBITDA margin to around 40% this year, suggesting continued strong profit growth.Lots of growth still aheadPaycom continues to disrupt the payroll industry by launching innovative software solutions that improve the process. While it has grown tremendously over the years, it still has lots of room to run. That upside potential makes it a stock that investors won't want to miss.","news_type":1},"isVote":1,"tweetType":1,"viewCount":50,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9096855781,"gmtCreate":1644365243219,"gmtModify":1676533916908,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4099969523946750","idStr":"4099969523946750"},"themes":[],"htmlText":"Like pls.&nbsp;","listText":"Like pls.&nbsp;","text":"Like pls.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096855781","repostId":"2210580326","repostType":4,"repost":{"id":"2210580326","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":1644360051,"share":"https://ttm.financial/m/news/2210580326?lang=&edition=fundamental","pubTime":"2022-02-09 06:40","market":"us","language":"en","title":"Wall Street ends higher; bank stocks rise with Treasury yields","url":"https://stock-news.laohu8.com/highlight/detail?id=2210580326","media":"Reuters","summary":"* Pfizer falls on disappointing forecast* Coty gains after raising earnings estimates* Meta Platform","content":"<html><head></head><body><p>* Pfizer falls on disappointing forecast</p><p>* Coty gains after raising earnings estimates</p><p>* <a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> down for fourth straight session</p><p>* Indexes: Dow +1.06%, S&amp;P 500 +0.84%, Nasdaq +1.28%</p><p>Feb 8 (Reuters) - Wall Street ended sharply higher on Tuesday, lifted by Apple and Microsoft, while a jump in Treasury yields elevated bank stocks ahead of a key inflation reading this week.</p><p>The benchmark S&amp;P 500 and the tech-heavy Nasdaq reversed early losses and gained in the latter part of the session, with Amazon.com Inc gaining 2.2%, and Apple and Microsoft both rising over 1%.</p><p>The S&amp;P 500 banking index rallied 1.9% after the benchmark 10-year U.S. Treasury yield hit its highest level since November 2019 on mounting expectations the U.S. Federal Reserve will start tightening monetary policy.</p><p>Shares of Bank of America Corp, JPMorgan Chase &amp; Co and Wells Fargo all gained over 1%.</p><p>The S&amp;P 500 energy sector index sank 2.1% as investors worried the resumption of indirect talks between the United States and Iran could revive an international nuclear agreement and allow more oil exports from the OPEC producer.</p><p>Upbeat comments from French President Emmanuel Macron about his meeting with Russian President Vladimir Putin over the Ukraine crisis also dented oil prices and reduced anxiety on Wall Street, said Scott Ladner, chief investment officer at Charlotte-based wealth management firm Horizon Investments.</p><p>&#34;Today&#39;s gain is probably due to some of the Macron headlines, but it&#39;s also just recognition of the fact that the economy is in pretty good shape, and we probably overdid it a little to the downside,&#34; Ladner said.</p><p>With Tuesday&#39;s rise, the S&amp;P 500 remains down about 5% so far this year, while the Nasdaq has lost about 9%.</p><p>U.S. consumer prices data, set to be released on Thursday, is forecast at a four-decade high of 7.3%. The numbers follow strong U.S. labor data last week that added to investor concerns that the Fed will tighten rates faster than thought.</p><p>Concerns around aggressive policy tightening by the U.S. central bank, geopolitical tensions in Ukraine and mixed results from Big Tech have weighed on the major U.S. indexes since the start of the year.</p><p>The Dow Jones Industrial Average rose 1.06% to end at 35,462.78 points, while the S&amp;P 500 gained 0.84% to 4,521.52.</p><p>The Nasdaq Composite climbed 1.28% to 14,194.46.</p><p>Earnings were mixed on Tuesday, with Pfizer Inc down after the drugmaker&#39;s full-year sales forecast for its COVID-19 vaccine and antiviral pills fell short of estimates.</p><p>Amgen Inc surged nearly 8% after the company announced a buyback of up to $6 billion and forecast earnings would more than double by 2030.</p><p>Facebook-owner Meta Platforms fell 2.1% after billionaire investor Peter Thiel decided to step down from the company&#39;s board, driving a fourth day of losses in the stock after its bleak forecast last week wiped out billions of dollars in market value.</p><p>Peloton Interactive Inc soared 25%, despite slashing its revenue forecast as the exercise bike maker said it would replace its chief executive and cut jobs in a bid to revive sagging sales.</p><p>Coty Inc jumped 8% after the cosmetics seller raised its earnings forecast for 2022.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.58-to-1 ratio; on Nasdaq, a 1.71-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 29 new 52-week highs and 4 new lows; the Nasdaq Composite recorded 60 new highs and 108 new lows.</p><p>Volume on U.S. exchanges was 10.3 billion shares, compared with a 12.3 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>Wall Street ends higher; bank stocks rise with Treasury yields</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 ends higher; bank stocks rise with Treasury yields\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\">2022-02-09 06:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Pfizer falls on disappointing forecast</p><p>* Coty gains after raising earnings estimates</p><p>* <a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> down for fourth straight session</p><p>* Indexes: Dow +1.06%, S&amp;P 500 +0.84%, Nasdaq +1.28%</p><p>Feb 8 (Reuters) - Wall Street ended sharply higher on Tuesday, lifted by Apple and Microsoft, while a jump in Treasury yields elevated bank stocks ahead of a key inflation reading this week.</p><p>The benchmark S&amp;P 500 and the tech-heavy Nasdaq reversed early losses and gained in the latter part of the session, with Amazon.com Inc gaining 2.2%, and Apple and Microsoft both rising over 1%.</p><p>The S&amp;P 500 banking index rallied 1.9% after the benchmark 10-year U.S. Treasury yield hit its highest level since November 2019 on mounting expectations the U.S. Federal Reserve will start tightening monetary policy.</p><p>Shares of Bank of America Corp, JPMorgan Chase &amp; Co and Wells Fargo all gained over 1%.</p><p>The S&amp;P 500 energy sector index sank 2.1% as investors worried the resumption of indirect talks between the United States and Iran could revive an international nuclear agreement and allow more oil exports from the OPEC producer.</p><p>Upbeat comments from French President Emmanuel Macron about his meeting with Russian President Vladimir Putin over the Ukraine crisis also dented oil prices and reduced anxiety on Wall Street, said Scott Ladner, chief investment officer at Charlotte-based wealth management firm Horizon Investments.</p><p>&#34;Today&#39;s gain is probably due to some of the Macron headlines, but it&#39;s also just recognition of the fact that the economy is in pretty good shape, and we probably overdid it a little to the downside,&#34; Ladner said.</p><p>With Tuesday&#39;s rise, the S&amp;P 500 remains down about 5% so far this year, while the Nasdaq has lost about 9%.</p><p>U.S. consumer prices data, set to be released on Thursday, is forecast at a four-decade high of 7.3%. The numbers follow strong U.S. labor data last week that added to investor concerns that the Fed will tighten rates faster than thought.</p><p>Concerns around aggressive policy tightening by the U.S. central bank, geopolitical tensions in Ukraine and mixed results from Big Tech have weighed on the major U.S. indexes since the start of the year.</p><p>The Dow Jones Industrial Average rose 1.06% to end at 35,462.78 points, while the S&amp;P 500 gained 0.84% to 4,521.52.</p><p>The Nasdaq Composite climbed 1.28% to 14,194.46.</p><p>Earnings were mixed on Tuesday, with Pfizer Inc down after the drugmaker&#39;s full-year sales forecast for its COVID-19 vaccine and antiviral pills fell short of estimates.</p><p>Amgen Inc surged nearly 8% after the company announced a buyback of up to $6 billion and forecast earnings would more than double by 2030.</p><p>Facebook-owner Meta Platforms fell 2.1% after billionaire investor Peter Thiel decided to step down from the company&#39;s board, driving a fourth day of losses in the stock after its bleak forecast last week wiped out billions of dollars in market value.</p><p>Peloton Interactive Inc soared 25%, despite slashing its revenue forecast as the exercise bike maker said it would replace its chief executive and cut jobs in a bid to revive sagging sales.</p><p>Coty Inc jumped 8% after the cosmetics seller raised its earnings forecast for 2022.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.58-to-1 ratio; on Nasdaq, a 1.71-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 29 new 52-week highs and 4 new lows; the Nasdaq Composite recorded 60 new highs and 108 new lows.</p><p>Volume on U.S. exchanges was 10.3 billion shares, compared with a 12.3 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":{"BK4559":"巴菲特持仓","BK4527":"明星科技股","BK4501":"段永平概念",".IXIC":"NASDAQ Composite","BK4077":"互动媒体与服务","BK4568":"美国抗疫概念","BK4550":"红杉资本持仓",".SPX":"S&P 500 Index","AAPL":"苹果","BK4503":"景林资产持仓","BK4207":"综合性银行","BK4524":"宅经济概念","BK4097":"系统软件","BK4505":"高瓴资本持仓","BK4535":"淡马锡持仓","AMGN":"安进","BK4508":"社交媒体","BK4504":"桥水持仓","LABP":"Landos Biopharma, Inc.","BK4082":"医疗保健设备","SPY":"标普500ETF","TSLA":"特斯拉","BK4183":"个人用品","COTY":"科蒂","BK4099":"汽车制造商","BK4548":"巴美列捷福持仓","BK4170":"电脑硬件、储存设备及电脑周边","BAC":"美国银行","BK4528":"SaaS概念","BK4190":"消闲用品","CGEM":"Cullinan Therapeutics","BK4516":"特朗普概念","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","BK4515":"5G概念","BK4553":"喜马拉雅资本持仓","JPM":"摩根大通","LHDX":"Lucira Health, Inc.","PTON":"Peloton Interactive, Inc.","BK4534":"瑞士信贷持仓","BK4567":"ESG概念","BK4507":"流媒体概念","BK4139":"生物科技","APR":"Apria, Inc.","BK4555":"新能源车","BK4007":"制药","BK4525":"远程办公概念","BK4566":"资本集团",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2210580326","content_text":"* Pfizer falls on disappointing forecast* Coty gains after raising earnings estimates* Meta Platforms down for fourth straight session* Indexes: Dow +1.06%, S&P 500 +0.84%, Nasdaq +1.28%Feb 8 (Reuters) - Wall Street ended sharply higher on Tuesday, lifted by Apple and Microsoft, while a jump in Treasury yields elevated bank stocks ahead of a key inflation reading this week.The benchmark S&P 500 and the tech-heavy Nasdaq reversed early losses and gained in the latter part of the session, with Amazon.com Inc gaining 2.2%, and Apple and Microsoft both rising over 1%.The S&P 500 banking index rallied 1.9% after the benchmark 10-year U.S. Treasury yield hit its highest level since November 2019 on mounting expectations the U.S. Federal Reserve will start tightening monetary policy.Shares of Bank of America Corp, JPMorgan Chase & Co and Wells Fargo all gained over 1%.The S&P 500 energy sector index sank 2.1% as investors worried the resumption of indirect talks between the United States and Iran could revive an international nuclear agreement and allow more oil exports from the OPEC producer.Upbeat comments from French President Emmanuel Macron about his meeting with Russian President Vladimir Putin over the Ukraine crisis also dented oil prices and reduced anxiety on Wall Street, said Scott Ladner, chief investment officer at Charlotte-based wealth management firm Horizon Investments.\"Today's gain is probably due to some of the Macron headlines, but it's also just recognition of the fact that the economy is in pretty good shape, and we probably overdid it a little to the downside,\" Ladner said.With Tuesday's rise, the S&P 500 remains down about 5% so far this year, while the Nasdaq has lost about 9%.U.S. consumer prices data, set to be released on Thursday, is forecast at a four-decade high of 7.3%. The numbers follow strong U.S. labor data last week that added to investor concerns that the Fed will tighten rates faster than thought.Concerns around aggressive policy tightening by the U.S. central bank, geopolitical tensions in Ukraine and mixed results from Big Tech have weighed on the major U.S. indexes since the start of the year.The Dow Jones Industrial Average rose 1.06% to end at 35,462.78 points, while the S&P 500 gained 0.84% to 4,521.52.The Nasdaq Composite climbed 1.28% to 14,194.46.Earnings were mixed on Tuesday, with Pfizer Inc down after the drugmaker's full-year sales forecast for its COVID-19 vaccine and antiviral pills fell short of estimates.Amgen Inc surged nearly 8% after the company announced a buyback of up to $6 billion and forecast earnings would more than double by 2030.Facebook-owner Meta Platforms fell 2.1% after billionaire investor Peter Thiel decided to step down from the company's board, driving a fourth day of losses in the stock after its bleak forecast last week wiped out billions of dollars in market value.Peloton Interactive Inc soared 25%, despite slashing its revenue forecast as the exercise bike maker said it would replace its chief executive and cut jobs in a bid to revive sagging sales.Coty Inc jumped 8% after the cosmetics seller raised its earnings forecast for 2022.Advancing issues outnumbered declining ones on the NYSE by a 1.58-to-1 ratio; on Nasdaq, a 1.71-to-1 ratio favored advancers.The S&P 500 posted 29 new 52-week highs and 4 new lows; the Nasdaq Composite recorded 60 new highs and 108 new lows.Volume on U.S. exchanges was 10.3 billion shares, compared with a 12.3 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9982943163,"gmtCreate":1667090513352,"gmtModify":1676537858238,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4099969523946750","idStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9982943163","repostId":"1148576482","repostType":4,"repost":{"id":"1148576482","pubTimestamp":1667099454,"share":"https://ttm.financial/m/news/1148576482?lang=&edition=fundamental","pubTime":"2022-10-30 11:10","market":"us","language":"en","title":"The 7 Best Tech Stocks to Buy in November","url":"https://stock-news.laohu8.com/highlight/detail?id=1148576482","media":"InvestorPlace","summary":"These best tech stocks to buy all feature low risk and deep discounts.Nvidia(NVDA): Shares appear si","content":"<html><head></head><body><ul><li>These best tech stocks to buy all feature low risk and deep discounts.</li><li><b>Nvidia</b>(<b>NVDA</b>): Shares appear significantly undervalued following a steep sell-off.</li><li><b>Adobe</b>(<b>ADBE</b>): Its income-statement performance is impressive.</li><li><b>Intel</b>(<b>INTC</b>): Shares look compelling at this deeply discounted price.</li><li><b>Taiwan Semiconductor</b>(<b>TSM</b>): It’s a profit-generating machine.</li><li><b>Applied Materials</b>(<b>AMAT</b>): Its returns on equity and assets are among the best in the chip industry.</li><li><b>Lam Research</b>(<b>LRCX</b>): Its ROE and ROA are even better than those of Applied Materials.</li><li><b>NXP Semiconductors</b>(<b>NXPI</b>): It’s perhaps the riskiest of the bunch but may offer greater rewards.</li></ul><p>Tech stocks have suffered disproportionately in the current bear market, as they tend to do in every bear market. But the bullish long-term bias of the market tells us that stocks will almost certainly resume their uptrend. When they do, nearly all tech stocks should bounce to some extent, but the best tech stocks could soar.</p><p>Historically, the broader market tends to perform well during the November-to-April timespan. Of course, this is no guarantee for success. Still, it adds a powerful backdrop for those looking to put capital to work in one of the more speculative sectors of the market.</p><p>In searching for the best tech stocks to buy, we’re sticking with financial data. Leveraging the analytical tools ofGuruFocus.com, the below equities all feature fundamentally low risk and discounted prices.</p><p>Here are the best tech stocks to buy in November.</p><p><b>Nvidia (NVDA)</b></p><p>A multinational technology firm, <b>Nvidia</b>(NASDAQ:<b>NVDA</b>) primarily garnered attention through its specialty in graphics processing units. However, the company also made significant investments in deep learning and protocols involving artificial intelligence. Currently, the company commands a market capitalization of $345 billion. On a year-to-date basis, NVDA is down 53%.</p><p>Despite the steep losses, contrarian investors should consider gradually picking up shares.<i>GuruFocus</i> utilizes proprietary calculations to determine that NVDA stock is significantly undervalued. Based on more traditional metrics, Nvidia features excellent income-statement performance figures. For instance, the company’s three-year revenue growth rate stands at 31.3%. Its book growth rate during the aforementioned period hit 40.2%. Both stats rank at least near the 90th percentile for the industry. On the bottom line, Nvidia carries a net margin of 26%. This ranks above 87% of the competition.</p><p>To top it off, NVDA is tethered to a strong balance sheet. Mainly, its Altman Z-Score is a lofty 12 points, reflecting extremely low bankruptcy risk. Thus, NVDA easily ranks among the best tech stocks to buy in November.</p><p><b>Adobe (ADBE)</b></p><p><b>Adobe</b>(NASDAQ:<b>ADBE</b>) is a software company that mainly aligns with creatives. Historically, it’s known for the creation and publication of a wide range of content, including graphics, photography, illustration, animation, multimedia/video, motion pictures and print. Currently, Adobe carries a market cap of $151 billion after slipping 43% year to date.</p><p>Again, based on<i>GuruFocus’</i>proprietary metrics, Adobe rates as significantly undervalued. One traditional metric regarding valuation to consider is its price-earnings-growth ratio of 1.09. This rates favorably below the industry median of 1.4 times.</p><p>However, Adobe draws the most attention for its income statement-related performance. For example, the company’s three-year revenue growth rate and free cash flow growth rate stand at 21.9% and 23.7%, respectively. Both figures rank conspicuously above sector averages.</p><p>On the bottom line, Adobe carries a net margin of 28%, well above the industry median of 1.9%. Throw in a stable balance sheet and you have another solid candidate for best tech stocks to buy in November.</p><p><b>Intel (INTC)</b></p><p>One of the powerhouses in the semiconductor industry, <b>Intel</b>(NASDAQ:<b>INTC</b>) represents the world’s second-largest semiconductor chip manufacturer by revenue. Per its corporate profile, it’s also one of the developers of the x86 series of instruction sets, the instruction sets found in most personal computers. Presently, INTC commands a market cap of $119 billion and is down 44% for the year.</p><p>Despite sharp losses, INTC is among the best tech stocks to buy in November. Notably, INTC is significantly undervalued based on traditional metrics. Its forward P/E ratio is 10.1, below the industry median of 13.7. Also, its Shiller P/E ratio is 7.6, below the sector median of nearly 24.</p><p>On the income statement, Intel features an overall solid profile. Its three-year book growth rate stands at 12.4%, above 61.5% of the competition. For net margin, it hit 26%, better than 87% of its peers.</p><p><b>Taiwan Semiconductor (TSM)</b></p><p>A multinational semiconductor firm, <b>Taiwan Semiconductor</b> (NYSE:<b>TSM</b>) represents the world’s most valuable semiconductor company, the world’s largest dedicated independent semiconductor foundry, and one of Taiwan’s largest companies, per its public profile. Presently, TSM commands a market cap of nearly $322 billion and is down 48% year to date.</p><p>Despite the severe erosion of equity value, TSM ranks among the best tech stocks to buy in November for contrarians. Per<i>GuruFocus</i>, TSM is significantly undervalued. The company’s forward P/E ratio is 10.9 is below the industry median of 13.7. Also, its price-to-owner earnings ratio is 10.5, below the industry median of 16.1.</p><p>Primarily, though, TSM is all about its profitability machine. Gross, operating and net margins hit 55%, 44.7% and 40.6% respectively. Each of these metrics was well above sector median levels. As well, TSM enjoys solid growth figures, with its three-year revenue growth rate coming in at 15.5%. This ranks above 68.5% of the competition.</p><p><b>Applied Materials (AMAT)</b></p><p><b>Applied Materials</b>(NASDAQ:<b>AMAT</b>) represents the leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world, per its website. Currently, Applied Materials features a market cap of $77 billion, and the stock is down 43% year to date.</p><p>Per<i>GuruFocus</i>, AMAT stock is significantly undervalued. A notable standout in terms of traditional metrics is its PEG ratio of 0.56. This ranks favorably below the industry median of 0.75.</p><p>Primarily, though, Applied Materials will likely draw attention as one of the best tech stocks to buy in November because of its high-quality business. Specifically, the company’s return on equity and return on assets hit 55.5% and 26.1%, respectively. Both stats rank among the upper echelons of the semiconductor industry.</p><p>To top it off, AMAT features a stable balance sheet. Most prominently, its Altman Z-Score of 7.5 implies low bankruptcy risk.</p><p><b>Lam Research (LRCX)</b></p><p><b>Lam Research</b>(NASDAQ:<b>LRCX</b>) is an American supplier of wafer fabrication equipment and related services to the semiconductor industry. Currently, the company carries a market cap of slightly over $55 billion after falling 44% year to date. The stock’s average daily volume is approximately 1.9 million shares.</p><p>Fundamentally, the case for LRCX as one of the top tech stocks to buy in November is two-fold. First, Lam represents a high-quality business. Its return on equity is a blistering 75.8%. That’s above 99% of the semiconductor industry. As well, the company’s return on assets hit 28.6%, ranking above 97% of its peers.</p><p>Second, Lam enjoys outstanding sales-related performance. For example, its three-year revenue growth rate is 26.6%, better than 84% of the competition. As well, the company’s book growth rate during the same period is 11.9%, better than nearly 60% of its rivals.</p><p><b>NXP Semiconductors (NXPI)</b></p><p>Netherlands-based <b>NXP Semiconductors</b>(NASDAQ:<b>NXPI</b>) is a semiconductor designer and manufacturer. After falling 33% this year, it has a market cap of roughly $40 billion. Average trading volume is around 2.1 million shares a day.</p><p>Interestingly, the YTD performance makes NXP one of the better-performing semiconductor firms. However, that’s not the reason why it’s on this list of best tech stocks to buy in November. Fundamentally, the stock is significantly undervalued based on proprietary calculations. And its forward P/E ratio of 10.6 is below the industry median of 13.7 times.</p><p>The company enjoys substantive profitability margins, including an operating margin of 27%, which ranks above 84% of its peers. It’s also a high-quality business with a return on equity of nearly 36%.</p><p>About the one glaring risk factor is balance sheet stability. Its Altman Z-Score pings at 2.4, which is in a gray zone. However, the higher-risk profile could lead to potentially greater gains.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The 7 Best Tech Stocks to Buy in November</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe 7 Best Tech Stocks to Buy in November\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-30 11:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/best-tech-stocks/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These best tech stocks to buy all feature low risk and deep discounts.Nvidia(NVDA): Shares appear significantly undervalued following a steep sell-off.Adobe(ADBE): Its income-statement performance is ...</p>\n\n<a href=\"https://investorplace.com/best-tech-stocks/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔","NVDA":"英伟达","AMAT":"应用材料","LRCX":"拉姆研究","NXPI":"恩智浦","TSM":"台积电","ADBE":"Adobe"},"source_url":"https://investorplace.com/best-tech-stocks/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148576482","content_text":"These best tech stocks to buy all feature low risk and deep discounts.Nvidia(NVDA): Shares appear significantly undervalued following a steep sell-off.Adobe(ADBE): Its income-statement performance is impressive.Intel(INTC): Shares look compelling at this deeply discounted price.Taiwan Semiconductor(TSM): It’s a profit-generating machine.Applied Materials(AMAT): Its returns on equity and assets are among the best in the chip industry.Lam Research(LRCX): Its ROE and ROA are even better than those of Applied Materials.NXP Semiconductors(NXPI): It’s perhaps the riskiest of the bunch but may offer greater rewards.Tech stocks have suffered disproportionately in the current bear market, as they tend to do in every bear market. But the bullish long-term bias of the market tells us that stocks will almost certainly resume their uptrend. When they do, nearly all tech stocks should bounce to some extent, but the best tech stocks could soar.Historically, the broader market tends to perform well during the November-to-April timespan. Of course, this is no guarantee for success. Still, it adds a powerful backdrop for those looking to put capital to work in one of the more speculative sectors of the market.In searching for the best tech stocks to buy, we’re sticking with financial data. Leveraging the analytical tools ofGuruFocus.com, the below equities all feature fundamentally low risk and discounted prices.Here are the best tech stocks to buy in November.Nvidia (NVDA)A multinational technology firm, Nvidia(NASDAQ:NVDA) primarily garnered attention through its specialty in graphics processing units. However, the company also made significant investments in deep learning and protocols involving artificial intelligence. Currently, the company commands a market capitalization of $345 billion. On a year-to-date basis, NVDA is down 53%.Despite the steep losses, contrarian investors should consider gradually picking up shares.GuruFocus utilizes proprietary calculations to determine that NVDA stock is significantly undervalued. Based on more traditional metrics, Nvidia features excellent income-statement performance figures. For instance, the company’s three-year revenue growth rate stands at 31.3%. Its book growth rate during the aforementioned period hit 40.2%. Both stats rank at least near the 90th percentile for the industry. On the bottom line, Nvidia carries a net margin of 26%. This ranks above 87% of the competition.To top it off, NVDA is tethered to a strong balance sheet. Mainly, its Altman Z-Score is a lofty 12 points, reflecting extremely low bankruptcy risk. Thus, NVDA easily ranks among the best tech stocks to buy in November.Adobe (ADBE)Adobe(NASDAQ:ADBE) is a software company that mainly aligns with creatives. Historically, it’s known for the creation and publication of a wide range of content, including graphics, photography, illustration, animation, multimedia/video, motion pictures and print. Currently, Adobe carries a market cap of $151 billion after slipping 43% year to date.Again, based onGuruFocus’proprietary metrics, Adobe rates as significantly undervalued. One traditional metric regarding valuation to consider is its price-earnings-growth ratio of 1.09. This rates favorably below the industry median of 1.4 times.However, Adobe draws the most attention for its income statement-related performance. For example, the company’s three-year revenue growth rate and free cash flow growth rate stand at 21.9% and 23.7%, respectively. Both figures rank conspicuously above sector averages.On the bottom line, Adobe carries a net margin of 28%, well above the industry median of 1.9%. Throw in a stable balance sheet and you have another solid candidate for best tech stocks to buy in November.Intel (INTC)One of the powerhouses in the semiconductor industry, Intel(NASDAQ:INTC) represents the world’s second-largest semiconductor chip manufacturer by revenue. Per its corporate profile, it’s also one of the developers of the x86 series of instruction sets, the instruction sets found in most personal computers. Presently, INTC commands a market cap of $119 billion and is down 44% for the year.Despite sharp losses, INTC is among the best tech stocks to buy in November. Notably, INTC is significantly undervalued based on traditional metrics. Its forward P/E ratio is 10.1, below the industry median of 13.7. Also, its Shiller P/E ratio is 7.6, below the sector median of nearly 24.On the income statement, Intel features an overall solid profile. Its three-year book growth rate stands at 12.4%, above 61.5% of the competition. For net margin, it hit 26%, better than 87% of its peers.Taiwan Semiconductor (TSM)A multinational semiconductor firm, Taiwan Semiconductor (NYSE:TSM) represents the world’s most valuable semiconductor company, the world’s largest dedicated independent semiconductor foundry, and one of Taiwan’s largest companies, per its public profile. Presently, TSM commands a market cap of nearly $322 billion and is down 48% year to date.Despite the severe erosion of equity value, TSM ranks among the best tech stocks to buy in November for contrarians. PerGuruFocus, TSM is significantly undervalued. The company’s forward P/E ratio is 10.9 is below the industry median of 13.7. Also, its price-to-owner earnings ratio is 10.5, below the industry median of 16.1.Primarily, though, TSM is all about its profitability machine. Gross, operating and net margins hit 55%, 44.7% and 40.6% respectively. Each of these metrics was well above sector median levels. As well, TSM enjoys solid growth figures, with its three-year revenue growth rate coming in at 15.5%. This ranks above 68.5% of the competition.Applied Materials (AMAT)Applied Materials(NASDAQ:AMAT) represents the leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world, per its website. Currently, Applied Materials features a market cap of $77 billion, and the stock is down 43% year to date.PerGuruFocus, AMAT stock is significantly undervalued. A notable standout in terms of traditional metrics is its PEG ratio of 0.56. This ranks favorably below the industry median of 0.75.Primarily, though, Applied Materials will likely draw attention as one of the best tech stocks to buy in November because of its high-quality business. Specifically, the company’s return on equity and return on assets hit 55.5% and 26.1%, respectively. Both stats rank among the upper echelons of the semiconductor industry.To top it off, AMAT features a stable balance sheet. Most prominently, its Altman Z-Score of 7.5 implies low bankruptcy risk.Lam Research (LRCX)Lam Research(NASDAQ:LRCX) is an American supplier of wafer fabrication equipment and related services to the semiconductor industry. Currently, the company carries a market cap of slightly over $55 billion after falling 44% year to date. The stock’s average daily volume is approximately 1.9 million shares.Fundamentally, the case for LRCX as one of the top tech stocks to buy in November is two-fold. First, Lam represents a high-quality business. Its return on equity is a blistering 75.8%. That’s above 99% of the semiconductor industry. As well, the company’s return on assets hit 28.6%, ranking above 97% of its peers.Second, Lam enjoys outstanding sales-related performance. For example, its three-year revenue growth rate is 26.6%, better than 84% of the competition. As well, the company’s book growth rate during the same period is 11.9%, better than nearly 60% of its rivals.NXP Semiconductors (NXPI)Netherlands-based NXP Semiconductors(NASDAQ:NXPI) is a semiconductor designer and manufacturer. After falling 33% this year, it has a market cap of roughly $40 billion. Average trading volume is around 2.1 million shares a day.Interestingly, the YTD performance makes NXP one of the better-performing semiconductor firms. However, that’s not the reason why it’s on this list of best tech stocks to buy in November. Fundamentally, the stock is significantly undervalued based on proprietary calculations. And its forward P/E ratio of 10.6 is below the industry median of 13.7 times.The company enjoys substantive profitability margins, including an operating margin of 27%, which ranks above 84% of its peers. It’s also a high-quality business with a return on equity of nearly 36%.About the one glaring risk factor is balance sheet stability. Its Altman Z-Score pings at 2.4, which is in a gray zone. However, the higher-risk profile could lead to potentially greater gains.","news_type":1},"isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9965090865,"gmtCreate":1669854318457,"gmtModify":1676538256434,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4099969523946750","idStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9965090865","repostId":"2288162926","repostType":4,"repost":{"id":"2288162926","pubTimestamp":1669851772,"share":"https://ttm.financial/m/news/2288162926?lang=&edition=fundamental","pubTime":"2022-12-01 07:42","market":"us","language":"en","title":"Elon Musk Thanks Tim Cook for Taking Him Around Apple HQ","url":"https://stock-news.laohu8.com/highlight/detail?id=2288162926","media":"seekingalpha","summary":"Twitter  CEO Elon Musk thanked Apple  CEO Tim Cook for taking him around Apple's headquarters on Wednesday.The meeting between the two chieftains is notable, given that Musk has needled Apple  in recent days.On Monday, Musk questioned why Apple , the world's largest company by market cap, had recently cut its advertising on Twitter.\"Apple has mostly stopped advertising on Twitter,\" Musk tweeted at the time. \"Do they hate free speech in America?\"Musk followed that up with a tweet to Cook, asking ","content":"<html><head></head><body><p>Twitter (TWTR) CEO Elon Musk thanked Apple (NASDAQ:AAPL) CEO Tim Cook for taking him around Apple&#39;s headquarters on Wednesday.</p><p><img src=\"https://static.tigerbbs.com/20673749f88fcad19415eb96477d2bc5\" tg-width=\"766\" tg-height=\"1167\" width=\"100%\" height=\"auto\"/></p><p>The meeting between the two chieftains is notable, given that Musk has needled Apple (AAPL) in recent days.</p><p>On Monday, Musk questioned why Apple (AAPL), the world&#39;s largest company by market cap, had recently cut its advertising on Twitter.</p><p>&#34;Apple has mostly stopped advertising on Twitter,&#34; Musk tweeted at the time. &#34;Do they hate free speech in America?&#34;</p><p>Musk followed that up with a tweet to Cook, asking &#34;What&#39;s going on here?&#34;</p><p>In addition to questioning Apple&#39;s (AAPL) advertising spending, Musk also claimed that Apple (AAPL) had threatened to take Twitter off the App Store, but that the company did not give a reason why.</p><p>Musk subsequently posted a meme bemoaning Apple&#39;s (AAPL) 30% commission for certain revenue generated via its App Store.</p><p>He also published a poll asking his 119M followers whether Apple (AAPL) &#34;should publish all censorship actions it has taken that affect its customers.&#34;</p><p>On Tuesday, Musk tweeted &#34;the people have spoken,&#34; showing that nearly 85% of respondents to the poll said that Apple (AAPL) should show the censorship actions it has taken.</p><p>Over the weekend, Musk said he would build his own smartphone if Twitter was removed from Apple&#39;s (AAPL) and Google&#39;s (GOOG) (GOOGL) platforms, but added he hoped it would not come to that.</p><p>The history between the two is long and extensive, as Musk claimed in 2020 that he offered to sell Tesla (NASDAQ:TSLA) to Apple (AAPL), but that Cook &#34;refused to take the meeting.&#34;</p><p>A book published in 2021 claimed that Cook shouted an expletive at Musk during a 2016 meeting when Musk demanded to be made Apple (AAPL) CEO if Apple were to acquire the car company, but Apple (AAPL) denied a meeting ever took place.</p><p>A notable analyst said earlier this week that Apple&#39;s (AAPL) iPhone 14 Pro shipments could be up to 20M units less than expected because of China-related supply chain disruptions.</p></body></html>","source":"seekingalpha","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>Elon Musk Thanks Tim Cook for Taking Him Around Apple HQ</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{ 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}\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\">\nElon Musk Thanks Tim Cook for Taking Him Around Apple HQ\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-01 07:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3912673-elon-musk-thanks-tim-cook-for-taking-him-around-apple-hq><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Twitter (TWTR) CEO Elon Musk thanked Apple (NASDAQ:AAPL) CEO Tim Cook for taking him around Apple's headquarters on Wednesday.The meeting between the two chieftains is notable, given that Musk has ...</p>\n\n<a href=\"https://seekingalpha.com/news/3912673-elon-musk-thanks-tim-cook-for-taking-him-around-apple-hq\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/news/3912673-elon-musk-thanks-tim-cook-for-taking-him-around-apple-hq","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2288162926","content_text":"Twitter (TWTR) CEO Elon Musk thanked Apple (NASDAQ:AAPL) CEO Tim Cook for taking him around Apple's headquarters on Wednesday.The meeting between the two chieftains is notable, given that Musk has needled Apple (AAPL) in recent days.On Monday, Musk questioned why Apple (AAPL), the world's largest company by market cap, had recently cut its advertising on Twitter.\"Apple has mostly stopped advertising on Twitter,\" Musk tweeted at the time. \"Do they hate free speech in America?\"Musk followed that up with a tweet to Cook, asking \"What's going on here?\"In addition to questioning Apple's (AAPL) advertising spending, Musk also claimed that Apple (AAPL) had threatened to take Twitter off the App Store, but that the company did not give a reason why.Musk subsequently posted a meme bemoaning Apple's (AAPL) 30% commission for certain revenue generated via its App Store.He also published a poll asking his 119M followers whether Apple (AAPL) \"should publish all censorship actions it has taken that affect its customers.\"On Tuesday, Musk tweeted \"the people have spoken,\" showing that nearly 85% of respondents to the poll said that Apple (AAPL) should show the censorship actions it has taken.Over the weekend, Musk said he would build his own smartphone if Twitter was removed from Apple's (AAPL) and Google's (GOOG) (GOOGL) platforms, but added he hoped it would not come to that.The history between the two is long and extensive, as Musk claimed in 2020 that he offered to sell Tesla (NASDAQ:TSLA) to Apple (AAPL), but that Cook \"refused to take the meeting.\"A book published in 2021 claimed that Cook shouted an expletive at Musk during a 2016 meeting when Musk demanded to be made Apple (AAPL) CEO if Apple were to acquire the car company, but Apple (AAPL) denied a meeting ever took place.A notable analyst said earlier this week that Apple's (AAPL) iPhone 14 Pro shipments could be up to 20M units less than expected because of China-related supply chain disruptions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":95,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9969245354,"gmtCreate":1668469302678,"gmtModify":1676538060149,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4099969523946750","idStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9969245354","repostId":"2283238028","repostType":4,"repost":{"id":"2283238028","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":1668461614,"share":"https://ttm.financial/m/news/2283238028?lang=&edition=fundamental","pubTime":"2022-11-15 05:33","market":"us","language":"en","title":"US STOCKS-Wall Street Ends Lower As Investors Gauge Fed's Policy Path","url":"https://stock-news.laohu8.com/highlight/detail?id=2283238028","media":"Reuters","summary":"(Reuters) - Wall Street's main indexes ended lower on Monday, with real estate and discretionary sec","content":"<html><head></head><body><p>(Reuters) - Wall Street&#39;s main indexes ended lower on Monday, with real estate and discretionary sectors leading broad declines, as investors digested comments from U.S. Federal Reserve officials about plans for interest rate hikes and looked for next catalysts after last week&#39;s big stock market rally.</p><p>Losses accelerated toward the end of the up-and-down session, with focus turning to Tuesday&#39;s producer price index report and markets highly sensitive to inflation data.</p><p>Earlier on Monday, Fed Vice Chair Lael Brainard signaled that the central bank would will likely soon slow its interest rates hikes. Her comments somewhat buoyed sentiment for equities that had been dampened after Federal Reserve Gov. Christopher Waller on Sunday said the Fed may consider slowing the pace of increases at its next meeting but that should not be seen as a &#34;softening&#34; in its commitment to lower inflation.</p><p>A massive equity rally late last week was set off by a softer-than-expected inflation report that boosted investor hopes the Fed could dial back on its monetary tightening that has punished markets this year.</p><p>“There is still a sensitivity to Fed speak... One was a little hawkish, one was a little dovish,” said Eric Kuby, chief investment officer at North Star Investment Management Corp.</p><p>The Dow Jones Industrial Average fell 211.16 points, or 0.63%, to 33,536.7, the S&amp;P 500 lost 35.68 points, or 0.89%, to 3,957.25 and the Nasdaq Composite dropped 127.11 points, or 1.12%, to 11,196.22.</p><p>The S&amp;P 500 last week posted its biggest weekly percentage gain since late June, while the tech-heavy Nasdaq    notched its best week since March.</p><p>More Fed officials are due to speak later this week along with a slew of data, including on retail sales and housing, and earnings reports from major retailers.</p><p>&#34;It just makes sense the market wants to pause and really both try to make sense of the trajectory (of Fed policy) and what the next drivers are going to be,” said Yung-Yu Ma, chief investment strategist at BMO Wealth Management.</p><p>Among S&amp;P 500 sectors, real estate    fell 2.7%, consumer discretionary    dropped 1.7% and financials declined 1.5%.</p><p>In company news, Amazon shares fell 2.3% as The New York Times on Monday reported the company was planning to lay off about 10,000 people in corporate and technology jobs starting as soon as this week.</p><p>Shares of Biogen Inc and Eli Lilly gained 3.3% and 1.3%, respectively, after the failure of Swiss rival Roche&#39;s Alzheimer&#39;s disease drug candidate.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.23-to-1 ratio; on Nasdaq, a 1.61-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 15 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 72 new highs and 74 new lows.</p><p>About 11.5 billion shares changed hands in U.S. exchanges, compared with the 12.1 billion daily average over the last 20 sessions.</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 Street Ends Lower As Investors Gauge Fed's Policy Path</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 Street Ends Lower As Investors Gauge Fed's Policy Path\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\">2022-11-15 05:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Wall Street&#39;s main indexes ended lower on Monday, with real estate and discretionary sectors leading broad declines, as investors digested comments from U.S. Federal Reserve officials about plans for interest rate hikes and looked for next catalysts after last week&#39;s big stock market rally.</p><p>Losses accelerated toward the end of the up-and-down session, with focus turning to Tuesday&#39;s producer price index report and markets highly sensitive to inflation data.</p><p>Earlier on Monday, Fed Vice Chair Lael Brainard signaled that the central bank would will likely soon slow its interest rates hikes. Her comments somewhat buoyed sentiment for equities that had been dampened after Federal Reserve Gov. Christopher Waller on Sunday said the Fed may consider slowing the pace of increases at its next meeting but that should not be seen as a &#34;softening&#34; in its commitment to lower inflation.</p><p>A massive equity rally late last week was set off by a softer-than-expected inflation report that boosted investor hopes the Fed could dial back on its monetary tightening that has punished markets this year.</p><p>“There is still a sensitivity to Fed speak... One was a little hawkish, one was a little dovish,” said Eric Kuby, chief investment officer at North Star Investment Management Corp.</p><p>The Dow Jones Industrial Average fell 211.16 points, or 0.63%, to 33,536.7, the S&amp;P 500 lost 35.68 points, or 0.89%, to 3,957.25 and the Nasdaq Composite dropped 127.11 points, or 1.12%, to 11,196.22.</p><p>The S&amp;P 500 last week posted its biggest weekly percentage gain since late June, while the tech-heavy Nasdaq    notched its best week since March.</p><p>More Fed officials are due to speak later this week along with a slew of data, including on retail sales and housing, and earnings reports from major retailers.</p><p>&#34;It just makes sense the market wants to pause and really both try to make sense of the trajectory (of Fed policy) and what the next drivers are going to be,” said Yung-Yu Ma, chief investment strategist at BMO Wealth Management.</p><p>Among S&amp;P 500 sectors, real estate    fell 2.7%, consumer discretionary    dropped 1.7% and financials declined 1.5%.</p><p>In company news, Amazon shares fell 2.3% as The New York Times on Monday reported the company was planning to lay off about 10,000 people in corporate and technology jobs starting as soon as this week.</p><p>Shares of Biogen Inc and Eli Lilly gained 3.3% and 1.3%, respectively, after the failure of Swiss rival Roche&#39;s Alzheimer&#39;s disease drug candidate.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.23-to-1 ratio; on Nasdaq, a 1.61-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 15 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 72 new highs and 74 new lows.</p><p>About 11.5 billion shares changed hands in U.S. exchanges, compared with the 12.1 billion daily average over the last 20 sessions.</p></body></html>\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":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2283238028","content_text":"(Reuters) - Wall Street's main indexes ended lower on Monday, with real estate and discretionary sectors leading broad declines, as investors digested comments from U.S. Federal Reserve officials about plans for interest rate hikes and looked for next catalysts after last week's big stock market rally.Losses accelerated toward the end of the up-and-down session, with focus turning to Tuesday's producer price index report and markets highly sensitive to inflation data.Earlier on Monday, Fed Vice Chair Lael Brainard signaled that the central bank would will likely soon slow its interest rates hikes. Her comments somewhat buoyed sentiment for equities that had been dampened after Federal Reserve Gov. Christopher Waller on Sunday said the Fed may consider slowing the pace of increases at its next meeting but that should not be seen as a \"softening\" in its commitment to lower inflation.A massive equity rally late last week was set off by a softer-than-expected inflation report that boosted investor hopes the Fed could dial back on its monetary tightening that has punished markets this year.“There is still a sensitivity to Fed speak... One was a little hawkish, one was a little dovish,” said Eric Kuby, chief investment officer at North Star Investment Management Corp.The Dow Jones Industrial Average fell 211.16 points, or 0.63%, to 33,536.7, the S&P 500 lost 35.68 points, or 0.89%, to 3,957.25 and the Nasdaq Composite dropped 127.11 points, or 1.12%, to 11,196.22.The S&P 500 last week posted its biggest weekly percentage gain since late June, while the tech-heavy Nasdaq    notched its best week since March.More Fed officials are due to speak later this week along with a slew of data, including on retail sales and housing, and earnings reports from major retailers.\"It just makes sense the market wants to pause and really both try to make sense of the trajectory (of Fed policy) and what the next drivers are going to be,” said Yung-Yu Ma, chief investment strategist at BMO Wealth Management.Among S&P 500 sectors, real estate    fell 2.7%, consumer discretionary    dropped 1.7% and financials declined 1.5%.In company news, Amazon shares fell 2.3% as The New York Times on Monday reported the company was planning to lay off about 10,000 people in corporate and technology jobs starting as soon as this week.Shares of Biogen Inc and Eli Lilly gained 3.3% and 1.3%, respectively, after the failure of Swiss rival Roche's Alzheimer's disease drug candidate.Declining issues outnumbered advancing ones on the NYSE by a 2.23-to-1 ratio; on Nasdaq, a 1.61-to-1 ratio favored decliners.The S&P 500 posted 15 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 72 new highs and 74 new lows.About 11.5 billion shares changed hands in U.S. exchanges, compared with the 12.1 billion daily average over the last 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9989491450,"gmtCreate":1666055946870,"gmtModify":1676537698070,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4099969523946750","idStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9989491450","repostId":"1160967547","repostType":4,"repost":{"id":"1160967547","pubTimestamp":1666065333,"share":"https://ttm.financial/m/news/1160967547?lang=&edition=fundamental","pubTime":"2022-10-18 11:55","market":"other","language":"en","title":"One Trading Strategy Is Winning Big in This Nasty Year for Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1160967547","media":"Bloomberg","summary":"Dispersion trade up as single stocks swing, VIX stays mutedSubdued demand for portfolio hedges is be","content":"<html><head></head><body><ul><li>Dispersion trade up as single stocks swing, VIX stays muted</li><li>Subdued demand for portfolio hedges is behind volatility quirk</li></ul><p>A strange thing keeps happening in this nightmare year on Wall Street: Seemingly surefire bets that outsize volatility will engulf equity indexes keep misfiring, even as those riding turmoil in single stocks pay off handsomely.</p><p>That’s proving a boon for a niche strategy known as dispersion trading, with nimble money managers netting double-digit gains by taking advantage of quirks in the world of equity derivatives.</p><p>Take the Cboe Volatility Index, a gauge of market-wide fear. Even as the S&amp;P 500 careens to fresh lows, it’s stuck below its March peak and actually declined in the aftermath of last week’s hot inflation report. At the same time the Federal Reserve’s disruptive policy-tightening campaign is fueling the wildest price swings for US large cap companies since the global financial crisis.</p><p>The thinking goes that the winners and losers in the S&amp;P 500 have become more pronounced in a world where corporate fundamentals matter. But index volatility is proving less severe, as price moves of its constituents offset each other, while demand for hedges remains muted due to low investor positioning.</p><p>For whatever reason this short-index-long-single-stock-volatility trade is working and may prove particularly lucrative this earnings season. The likes of PepsiCo Inc. and JPMorgan Chase &amp; Co. have been posting notable gains after better-than-expected reports while disappointments such as Morgan Stanley are getting punished.</p><p>“We haven’t seen any panic protection buying that will drive volatility much higher,” said Daniel Danon, managing director at Assenagon Asset Management, whose Assenagon Alpha Volatility fund is up 12% this year. “So your short leg is helping your long leg to perform.”</p><p><img src=\"https://static.tigerbbs.com/fe8b52b93f4df214ea58016e8a3f317f\" tg-width=\"739\" tg-height=\"442\" referrerpolicy=\"no-referrer\"/>The VIX, which tracks the cost of S&amp;P 500 options, has stayed at elevated levels relative to its five-year average, but it’s yet to revisit 2022 highs of above 35 points. At the same time individual members in the S&amp;P 500 have been moving the most since the global financial crisis, according to Societe Generale SA.</p><p>While the Fed’s hike-at-all-costs policy stance has ignited fear and loathing for investors in bonds and currencies, the cost of one-month bearish put options on the equity benchmark versus bullish calls has slipped anew to the lowest since 2017. That suggests limited investor appetite to hedge at the index level.</p><p>Why that’s the case despite a prolonged drawdown has become a hot topic among market watchers of late. Some point out that money managers have slashed equity exposure to multi-year lows, itself a defensive stance that requires less protection. Others say a relatively orderly decline has made options hedging less rewarding than usual, prompting traders to short equity futures as an alternative way to buffer against losses.</p><p>A relatively well behaved VIX stands out at a time when the Fed’s resolve to crush inflation at decade highs with tighter policy is rocking the underbelly of of US equities. Some oil producers have doubled their share prices in this year’s supply-side mayhem while Big Tech names like Netflix Inc. and Meta Platforms Inc. have plunged big time in a rate-sensitive selloff that’s now casting a shadow over the business cycle.</p><p>“It’s about rotation between sectors at the moment,” said Stephen Crewe, whose Fulcrum Equity Dispersion Fund is up 10% this year. The London-based manager is positioning for continued volatility among companies in the technology and energy sectors. “No one really knows where the US economy is going to end up,” he said.</p><p>The strategy, which has cooled of late after notching outsize gains earlier in the year, is deployed mostly by volatility hedge funds and banks packaging it into systematic strategies. Versions of the trade may buy options on a basket of stocks while others, like those managed by Assenagon and Fulcrum, are more selective. Some are neutral to volatility, whereas others are buying more options than they sell.</p><p><img src=\"https://static.tigerbbs.com/f76b822562cb2fbba098512880ec9038\" tg-width=\"698\" tg-height=\"392\" referrerpolicy=\"no-referrer\"/>With expected swings embedded in index-level option prices relatively contained, it’s been harder for typical derivatives hedges to make money, with the payoff hinging more on getting the strike price or market timing right. For instance, an S&amp;P 500-tracking portfolio that’s added calls on the VIX -- which is supposed to buffer portfolios against a sudden outbreak in price swings -- has suffered a four-percentage-point drag on performance, a Cboe index shows.</p><p>Yet going forward, the big challenge for dispersion traders is hiding in plain sight: Supersized Fed rate hikes risk causing a sudden collapse in economic growth that may in turn spur a big jump in index volatility.</p><p>Still for now, institutions appear to have little appetite for adding market hedges, according to Michael Purves, founder of Tallbacken Capital Advisors. He recommends betting on the VIX to fall till the end of the year.</p><p>“Perhaps yields can creep higher, but not in a shocking way the way they did when they pierced 4% in September,” he wrote in a note. “Markets appear to have processed the notion that there is little doubt that a Fed pivot is not close at hand.”</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>One Trading Strategy Is Winning Big in This Nasty Year for Stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOne Trading Strategy Is Winning Big in This Nasty Year for Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-18 11:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-10-17/one-options-trade-wins-big-in-strange-year-for-stock-volatility><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dispersion trade up as single stocks swing, VIX stays mutedSubdued demand for portfolio hedges is behind volatility quirkA strange thing keeps happening in this nightmare year on Wall Street: ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-10-17/one-options-trade-wins-big-in-strange-year-for-stock-volatility\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VIX":"标普500波动率指数"},"source_url":"https://www.bloomberg.com/news/articles/2022-10-17/one-options-trade-wins-big-in-strange-year-for-stock-volatility","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160967547","content_text":"Dispersion trade up as single stocks swing, VIX stays mutedSubdued demand for portfolio hedges is behind volatility quirkA strange thing keeps happening in this nightmare year on Wall Street: Seemingly surefire bets that outsize volatility will engulf equity indexes keep misfiring, even as those riding turmoil in single stocks pay off handsomely.That’s proving a boon for a niche strategy known as dispersion trading, with nimble money managers netting double-digit gains by taking advantage of quirks in the world of equity derivatives.Take the Cboe Volatility Index, a gauge of market-wide fear. Even as the S&P 500 careens to fresh lows, it’s stuck below its March peak and actually declined in the aftermath of last week’s hot inflation report. At the same time the Federal Reserve’s disruptive policy-tightening campaign is fueling the wildest price swings for US large cap companies since the global financial crisis.The thinking goes that the winners and losers in the S&P 500 have become more pronounced in a world where corporate fundamentals matter. But index volatility is proving less severe, as price moves of its constituents offset each other, while demand for hedges remains muted due to low investor positioning.For whatever reason this short-index-long-single-stock-volatility trade is working and may prove particularly lucrative this earnings season. The likes of PepsiCo Inc. and JPMorgan Chase & Co. have been posting notable gains after better-than-expected reports while disappointments such as Morgan Stanley are getting punished.“We haven’t seen any panic protection buying that will drive volatility much higher,” said Daniel Danon, managing director at Assenagon Asset Management, whose Assenagon Alpha Volatility fund is up 12% this year. “So your short leg is helping your long leg to perform.”The VIX, which tracks the cost of S&P 500 options, has stayed at elevated levels relative to its five-year average, but it’s yet to revisit 2022 highs of above 35 points. At the same time individual members in the S&P 500 have been moving the most since the global financial crisis, according to Societe Generale SA.While the Fed’s hike-at-all-costs policy stance has ignited fear and loathing for investors in bonds and currencies, the cost of one-month bearish put options on the equity benchmark versus bullish calls has slipped anew to the lowest since 2017. That suggests limited investor appetite to hedge at the index level.Why that’s the case despite a prolonged drawdown has become a hot topic among market watchers of late. Some point out that money managers have slashed equity exposure to multi-year lows, itself a defensive stance that requires less protection. Others say a relatively orderly decline has made options hedging less rewarding than usual, prompting traders to short equity futures as an alternative way to buffer against losses.A relatively well behaved VIX stands out at a time when the Fed’s resolve to crush inflation at decade highs with tighter policy is rocking the underbelly of of US equities. Some oil producers have doubled their share prices in this year’s supply-side mayhem while Big Tech names like Netflix Inc. and Meta Platforms Inc. have plunged big time in a rate-sensitive selloff that’s now casting a shadow over the business cycle.“It’s about rotation between sectors at the moment,” said Stephen Crewe, whose Fulcrum Equity Dispersion Fund is up 10% this year. The London-based manager is positioning for continued volatility among companies in the technology and energy sectors. “No one really knows where the US economy is going to end up,” he said.The strategy, which has cooled of late after notching outsize gains earlier in the year, is deployed mostly by volatility hedge funds and banks packaging it into systematic strategies. Versions of the trade may buy options on a basket of stocks while others, like those managed by Assenagon and Fulcrum, are more selective. Some are neutral to volatility, whereas others are buying more options than they sell.With expected swings embedded in index-level option prices relatively contained, it’s been harder for typical derivatives hedges to make money, with the payoff hinging more on getting the strike price or market timing right. For instance, an S&P 500-tracking portfolio that’s added calls on the VIX -- which is supposed to buffer portfolios against a sudden outbreak in price swings -- has suffered a four-percentage-point drag on performance, a Cboe index shows.Yet going forward, the big challenge for dispersion traders is hiding in plain sight: Supersized Fed rate hikes risk causing a sudden collapse in economic growth that may in turn spur a big jump in index volatility.Still for now, institutions appear to have little appetite for adding market hedges, according to Michael Purves, founder of Tallbacken Capital Advisors. He recommends betting on the VIX to fall till the end of the year.“Perhaps yields can creep higher, but not in a shocking way the way they did when they pierced 4% in September,” he wrote in a note. “Markets appear to have processed the notion that there is little doubt that a Fed pivot is not close at hand.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":318,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9099158145,"gmtCreate":1643324907543,"gmtModify":1676533803550,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4099969523946750","idStr":"4099969523946750"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9099158145","repostId":"1122320524","repostType":4,"repost":{"id":"1122320524","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":1643321766,"share":"https://ttm.financial/m/news/1122320524?lang=&edition=fundamental","pubTime":"2022-01-28 06:16","market":"us","language":"en","title":"Apple Sales and Profit Top Estimates as Hit from Chip Shortages Eases","url":"https://stock-news.laohu8.com/highlight/detail?id=1122320524","media":"Reuters","summary":"Apple Inc on Thursday reported record sales in the holiday quarter, beating estimates due to high iP","content":"<html><head></head><body><p>Apple Inc on Thursday reported record sales in the holiday quarter, beating estimates due to high iPhone demand and growing subscribers, even as a chips shortage that it said has begun easing cost it over $6 billion in revenue.</p><p>Apple shares rose over 4% to $165.80 in after-hours trading. But they have been down 10% this year, in line with the broader market, as investors reconsider stocks that have soared during the pandemic and shift funds toward safer assets.</p><p><img src=\"https://static.tigerbbs.com/b9aae61d17bfaf1ba4c776a3135dc67c\" tg-width=\"842\" tg-height=\"619\" referrerpolicy=\"no-referrer\"/></p><p>The record results for the quarter ended Dec. 25 reflected what analysts have described as Apple taking advantage of its incredible size. The company, which has more than 1.8 billion active devices in the market, has been able to squeeze suppliers and manufacturers to produce big quantities of iPhones and other devices despite shortages brought on by the pandemic and most recently the Omicron variant.</p><p>&#34;They&#39;ve navigated the supply chain better than everybody, and it&#39;s showing in the results,&#34; said Ryan Reith, who studies the smartphone market for industry tracker IDC.</p><p>Demand during the holiday quarter outstripped supply in line with Apple&#39;s expectations, Chief Financial Officer Luca Maestri told Reuters in an interview, noting that the effect was more than $6 billion in lost sales. But he said constraints would decrease in the current quarter, ending in March.</p><p>&#34;The level of constraint will depend a lot on other companies, what will be the demand for chips from other companies and other industries. It&#39;s difficult for us to predict, so we try to focus on the short term,&#34; he said.</p><p>With few rival phones debuting in the holiday shopping season, the iPhone 13, which started shipping days before the quarter began, led to worldwide phone sales revenue for Apple of $71.6 billion, a 9% increase from the 2020 holiday season that handily beat Wall Street targets, according to Refinitiv data.</p><p>Apple&#39;s smartphone market share in China reached a record 23% in the holiday quarter, when it was the top-selling vendor there for the first time in six years, research firm Counterpoint Research reported on Wednesday.</p><p>The company&#39;s overall fiscal first-quarter revenue was $123.9 billion, 11% up from last year and higher than analysts&#39; average estimate of $118.7 billion. Profit was $34.6 billion, or $2.10 per share, compared with analysts&#39; expectations of $31 billion and $1.89 per share.</p><p>The pandemic has accelerated adoption of digital tools for communication, learning and entertainment, powering Apple to blowout sales across each of the company&#39;s segments, including computers, accessories and tablets.</p><p>Apple&#39;s services business, which covers paid apps such as Apple TV+, Apple Music and Apple Fitness, also has seen a big bump. Services revenue rose 24% to $19.5 billion, topping analysts&#39; estimates of $18.6 billion. The company has 785 million paying subscribers across its offerings, an increase from 620 million a year ago and 745 million last quarter.</p><p>Sales for iPads fell 14% to $7.25 billion compared with analyst estimates of $8.2 billion, seeming to confirm industry predictions that iPads would have low priority for any scarce parts.</p><p>Sales for Macs rose 25% to $10.9 billion compared with estimates of $9.5 billion, and sales for accessories rose 13% to $14.7 billion compared with estimates of $14.6 billion.</p><p>For investors, the growing services business is helping mitigate production challenges. Apple is trading at 27 times expected earnings over the next 12 months. While down from as much as 35 a year ago, it remains above the company&#39;s five-year average of 20 times expected earnings, according to Refinitiv.</p><p>Apple is facing antitrust pressure in the United States and Europe that could lead to new regulations that cut into its services revenue.</p><p>Late last month, the Dutch Authority for Consumers and Markets (ACM) ordered Apple to make changes for apps on offer in the Apple App Store in the Netherlands by Jan. 15 or face fines, after it found that the U.S. company had abused its market dominance by requiring dating app developers to exclusively use Apple&#39;s in-app payment system.</p><p>Supply chain issues are dragging on and concern remains about how long it will take Apple to deliver its next big product, such as an augmented reality headset or an electric vehicle.</p><p>Apple had reported strong customer response to its latest release, the AirTag, when the accessory began shipping in the fiscal third quarter of 2021.</p><p>Apple posted a rare revenue miss in the fiscal quarter ended Sept. 25, which CEO Tim Cook attributed to pandemic-related supply constraints and manufacturing disruptions that together cost the company an estimated $6 billion in sales.</p><p>But smaller rivals are struggling to keep up with production, leading to Apple market share gains in regions such as China, said Angelo Zino of CFRA Research in a research note.</p><p>&#34;Since Apple has many customized components going into the iPhones, Macs, Apple Watch and others and the scale (volume and price) at which it procures, Apple has been able to lock-in suppliers’ capacities to timely produce those parts with lesser delays,&#34; said Neil Shah of Counterpoint Research.</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>Apple Sales and Profit Top Estimates as Hit from Chip Shortages Eases</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Sales and Profit Top Estimates as Hit from Chip Shortages Eases\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\">2022-01-28 06:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Apple Inc on Thursday reported record sales in the holiday quarter, beating estimates due to high iPhone demand and growing subscribers, even as a chips shortage that it said has begun easing cost it over $6 billion in revenue.</p><p>Apple shares rose over 4% to $165.80 in after-hours trading. But they have been down 10% this year, in line with the broader market, as investors reconsider stocks that have soared during the pandemic and shift funds toward safer assets.</p><p><img src=\"https://static.tigerbbs.com/b9aae61d17bfaf1ba4c776a3135dc67c\" tg-width=\"842\" tg-height=\"619\" referrerpolicy=\"no-referrer\"/></p><p>The record results for the quarter ended Dec. 25 reflected what analysts have described as Apple taking advantage of its incredible size. The company, which has more than 1.8 billion active devices in the market, has been able to squeeze suppliers and manufacturers to produce big quantities of iPhones and other devices despite shortages brought on by the pandemic and most recently the Omicron variant.</p><p>&#34;They&#39;ve navigated the supply chain better than everybody, and it&#39;s showing in the results,&#34; said Ryan Reith, who studies the smartphone market for industry tracker IDC.</p><p>Demand during the holiday quarter outstripped supply in line with Apple&#39;s expectations, Chief Financial Officer Luca Maestri told Reuters in an interview, noting that the effect was more than $6 billion in lost sales. But he said constraints would decrease in the current quarter, ending in March.</p><p>&#34;The level of constraint will depend a lot on other companies, what will be the demand for chips from other companies and other industries. It&#39;s difficult for us to predict, so we try to focus on the short term,&#34; he said.</p><p>With few rival phones debuting in the holiday shopping season, the iPhone 13, which started shipping days before the quarter began, led to worldwide phone sales revenue for Apple of $71.6 billion, a 9% increase from the 2020 holiday season that handily beat Wall Street targets, according to Refinitiv data.</p><p>Apple&#39;s smartphone market share in China reached a record 23% in the holiday quarter, when it was the top-selling vendor there for the first time in six years, research firm Counterpoint Research reported on Wednesday.</p><p>The company&#39;s overall fiscal first-quarter revenue was $123.9 billion, 11% up from last year and higher than analysts&#39; average estimate of $118.7 billion. Profit was $34.6 billion, or $2.10 per share, compared with analysts&#39; expectations of $31 billion and $1.89 per share.</p><p>The pandemic has accelerated adoption of digital tools for communication, learning and entertainment, powering Apple to blowout sales across each of the company&#39;s segments, including computers, accessories and tablets.</p><p>Apple&#39;s services business, which covers paid apps such as Apple TV+, Apple Music and Apple Fitness, also has seen a big bump. Services revenue rose 24% to $19.5 billion, topping analysts&#39; estimates of $18.6 billion. The company has 785 million paying subscribers across its offerings, an increase from 620 million a year ago and 745 million last quarter.</p><p>Sales for iPads fell 14% to $7.25 billion compared with analyst estimates of $8.2 billion, seeming to confirm industry predictions that iPads would have low priority for any scarce parts.</p><p>Sales for Macs rose 25% to $10.9 billion compared with estimates of $9.5 billion, and sales for accessories rose 13% to $14.7 billion compared with estimates of $14.6 billion.</p><p>For investors, the growing services business is helping mitigate production challenges. Apple is trading at 27 times expected earnings over the next 12 months. While down from as much as 35 a year ago, it remains above the company&#39;s five-year average of 20 times expected earnings, according to Refinitiv.</p><p>Apple is facing antitrust pressure in the United States and Europe that could lead to new regulations that cut into its services revenue.</p><p>Late last month, the Dutch Authority for Consumers and Markets (ACM) ordered Apple to make changes for apps on offer in the Apple App Store in the Netherlands by Jan. 15 or face fines, after it found that the U.S. company had abused its market dominance by requiring dating app developers to exclusively use Apple&#39;s in-app payment system.</p><p>Supply chain issues are dragging on and concern remains about how long it will take Apple to deliver its next big product, such as an augmented reality headset or an electric vehicle.</p><p>Apple had reported strong customer response to its latest release, the AirTag, when the accessory began shipping in the fiscal third quarter of 2021.</p><p>Apple posted a rare revenue miss in the fiscal quarter ended Sept. 25, which CEO Tim Cook attributed to pandemic-related supply constraints and manufacturing disruptions that together cost the company an estimated $6 billion in sales.</p><p>But smaller rivals are struggling to keep up with production, leading to Apple market share gains in regions such as China, said Angelo Zino of CFRA Research in a research note.</p><p>&#34;Since Apple has many customized components going into the iPhones, Macs, Apple Watch and others and the scale (volume and price) at which it procures, Apple has been able to lock-in suppliers’ capacities to timely produce those parts with lesser delays,&#34; said Neil Shah of Counterpoint Research.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122320524","content_text":"Apple Inc on Thursday reported record sales in the holiday quarter, beating estimates due to high iPhone demand and growing subscribers, even as a chips shortage that it said has begun easing cost it over $6 billion in revenue.Apple shares rose over 4% to $165.80 in after-hours trading. But they have been down 10% this year, in line with the broader market, as investors reconsider stocks that have soared during the pandemic and shift funds toward safer assets.The record results for the quarter ended Dec. 25 reflected what analysts have described as Apple taking advantage of its incredible size. The company, which has more than 1.8 billion active devices in the market, has been able to squeeze suppliers and manufacturers to produce big quantities of iPhones and other devices despite shortages brought on by the pandemic and most recently the Omicron variant.\"They've navigated the supply chain better than everybody, and it's showing in the results,\" said Ryan Reith, who studies the smartphone market for industry tracker IDC.Demand during the holiday quarter outstripped supply in line with Apple's expectations, Chief Financial Officer Luca Maestri told Reuters in an interview, noting that the effect was more than $6 billion in lost sales. But he said constraints would decrease in the current quarter, ending in March.\"The level of constraint will depend a lot on other companies, what will be the demand for chips from other companies and other industries. It's difficult for us to predict, so we try to focus on the short term,\" he said.With few rival phones debuting in the holiday shopping season, the iPhone 13, which started shipping days before the quarter began, led to worldwide phone sales revenue for Apple of $71.6 billion, a 9% increase from the 2020 holiday season that handily beat Wall Street targets, according to Refinitiv data.Apple's smartphone market share in China reached a record 23% in the holiday quarter, when it was the top-selling vendor there for the first time in six years, research firm Counterpoint Research reported on Wednesday.The company's overall fiscal first-quarter revenue was $123.9 billion, 11% up from last year and higher than analysts' average estimate of $118.7 billion. Profit was $34.6 billion, or $2.10 per share, compared with analysts' expectations of $31 billion and $1.89 per share.The pandemic has accelerated adoption of digital tools for communication, learning and entertainment, powering Apple to blowout sales across each of the company's segments, including computers, accessories and tablets.Apple's services business, which covers paid apps such as Apple TV+, Apple Music and Apple Fitness, also has seen a big bump. Services revenue rose 24% to $19.5 billion, topping analysts' estimates of $18.6 billion. The company has 785 million paying subscribers across its offerings, an increase from 620 million a year ago and 745 million last quarter.Sales for iPads fell 14% to $7.25 billion compared with analyst estimates of $8.2 billion, seeming to confirm industry predictions that iPads would have low priority for any scarce parts.Sales for Macs rose 25% to $10.9 billion compared with estimates of $9.5 billion, and sales for accessories rose 13% to $14.7 billion compared with estimates of $14.6 billion.For investors, the growing services business is helping mitigate production challenges. Apple is trading at 27 times expected earnings over the next 12 months. While down from as much as 35 a year ago, it remains above the company's five-year average of 20 times expected earnings, according to Refinitiv.Apple is facing antitrust pressure in the United States and Europe that could lead to new regulations that cut into its services revenue.Late last month, the Dutch Authority for Consumers and Markets (ACM) ordered Apple to make changes for apps on offer in the Apple App Store in the Netherlands by Jan. 15 or face fines, after it found that the U.S. company had abused its market dominance by requiring dating app developers to exclusively use Apple's in-app payment system.Supply chain issues are dragging on and concern remains about how long it will take Apple to deliver its next big product, such as an augmented reality headset or an electric vehicle.Apple had reported strong customer response to its latest release, the AirTag, when the accessory began shipping in the fiscal third quarter of 2021.Apple posted a rare revenue miss in the fiscal quarter ended Sept. 25, which CEO Tim Cook attributed to pandemic-related supply constraints and manufacturing disruptions that together cost the company an estimated $6 billion in sales.But smaller rivals are struggling to keep up with production, leading to Apple market share gains in regions such as China, said Angelo Zino of CFRA Research in a research note.\"Since Apple has many customized components going into the iPhones, Macs, Apple Watch and others and the scale (volume and price) at which it procures, Apple has been able to lock-in suppliers’ capacities to timely produce those parts with lesser delays,\" said Neil Shah of Counterpoint Research.","news_type":1},"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9005483230,"gmtCreate":1642381560161,"gmtModify":1676533706016,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4099969523946750","idStr":"4099969523946750"},"themes":[],"htmlText":"Like pls. Wish you a good day!&nbsp;","listText":"Like pls. Wish you a good day!&nbsp;","text":"Like pls. Wish you a good day!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9005483230","repostId":"2203192728","repostType":4,"repost":{"id":"2203192728","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":1642375676,"share":"https://ttm.financial/m/news/2203192728?lang=&edition=fundamental","pubTime":"2022-01-17 07:27","market":"us","language":"en","title":"Wall St Week Ahead-Earnings to Test Growth Stocks after Rocky Start to Year","url":"https://stock-news.laohu8.com/highlight/detail?id=2203192728","media":"Reuters","summary":"A rough start to 2022 for U.S. tech and growth stocks is raising stakes for upcoming earnings reports, as investors seek reasons to keep faith in the shares while bracing for U.S. interest rate hikes.The S&P 500 information technology sector   , which accounts for nearly 29% of the broader index’s weight, is down 5.5% year-to-date, including steep declines in shares of heavyweights such as Microsoft    and Nvidia   , both off roughly 9%. The overall S&P 500    has fallen 2.7%.Tech bulls hope a s","content":"<html><head></head><body><p>A rough start to 2022 for U.S. tech and growth stocks is raising stakes for upcoming earnings reports, as investors seek reasons to keep faith in the shares while bracing for U.S. interest rate hikes.</p><p>The S&amp;P 500 information technology sector   , which accounts for nearly 29% of the broader index’s weight, is down 5.5% year-to-date, including steep declines in shares of heavyweights such as Microsoft    and Nvidia   , both off roughly 9%. The overall S&amp;P 500    has fallen 2.7%.</p><p>Tech bulls hope a strong earnings season can blunt some of the pain, which many pin on rising Treasury yields and expectations that the Federal Reserve will tighten monetary policy and hike rates aggressively to fight inflation.</p><p>As the Fed increases short-term rates, investors will keep an eye on how high longer-term U.S. Treasury yields rise. Higher yields more steeply discount the value of future profits, which can especially pressure growth stocks.</p><p>&#34;Given the performance of these tech names here recently, will earnings be a savior for them?&#34; said Walter Todd, chief investment officer at Greenwood Capital. &#34;Over the next month,  seeing how some of these tech names respond to their numbers ... will be interesting.&#34;</p><p>Fourth-quarter results season kicks into high gear this week, with overall S&amp;P 500 earnings expected to climb 23.1%, according to Refinitiv IBES. Technology sector earnings are expected to rise by 15.6%, as other groups have benefited more from the economy&#39;s rebound from pandemic lockdowns in 2020.</p><p>Companies in the S&amp;P 500 growth index   , which is replete with tech stocks, are expected to increase earnings 16%, compared to a 26% rise for the S&amp;P 500 value index   , more heavily weighted in banks, industrials and other economically sensitive companies, according to Credit Suisse.</p><p>Higher interest rates could pressure the stretched valuations of tech stocks, so companies need to deliver impressive numbers in coming weeks, said Kim Forrest, chief investment officer at Bokeh Capital Partners.</p><p>&#34;To have the (stock) price go up even in a rising rate/falling multiple environment, you have to show demand for the product,&#34; she said.</p><p>The tech sector is trading at about 27 times earnings estimates for the next 12 months, near its highest in 18 years, compared to 21 times for the overall S&amp;P 500, according to Refinitiv Datstream.</p><p>Netflix   , whose shares have slumped over 14% to start the year, reports on Thursday, the first results from the closely watched &#34;FAANG&#34; group of large growth companies. Investors will watch the streaming giant&#39;s plans for generating content and its outlook for subscribers.</p><p>“If they can surprise to the upside on the number of subscribers, I think that is going to be great for the stock price,” said King Lip, chief strategist at Baker Avenue Asset Management, which owns Netflix shares.</p><p>Among the tech and growth names that have struggled in January are <a href=\"https://laohu8.com/S/ADBE\">Adobe</a>    and <a href=\"https://laohu8.com/S/CRM\">Salesforce</a>.com   , both down about 9%, and DocuSign   , which has dropped about 15%.</p><p>The <a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a>   , which is filled with growth stocks and was the top-performing U.S. equity fund tracked by Morningstar in 2020, is down over 16% so far this year.</p><p>Yet not everyone is convinced Treasury yields will rise much more, or that investors should flee tech shares as the Fed raises rates.</p><p>Analysts at Goldman Sachs see the 10-year Treasury yield rising to 2% by the end of the year, &#34;suggesting only a modest further move in longer-term yields,&#34; while &#34;the likelihood of slowing economic growth in 2022 is an argument in favor of growth stocks.&#34;</p><p>The yield on the 10-year Treasury note    stood at 1.76% on Friday, after topping 1.8% earlier in the week.</p><p>A study by the Wells Fargo Investment Institute, meanwhile, found the tech sector appreciated an average of 48.1% during five periods of rising interest rates since the 1990s.</p><p><b>Week ahead</b></p><p>U.S. markets are closed in observance of the Martin Luther King Jr. holiday on Monday.</p><p><b>Notable U.S. corporate earnings</b></p><p><b>TUESDAY:</b></p><p>Goldman Sachs Group GS, Truist Financial Corp. TFC, Signature Bank SBNY, PNC Financial PNC, J.B. Hunt Transport Services JBHT, Interactive Brokers Group Inc. IBKR</p><p><b>WEDNESDAY:</b></p><p>Morgan Stanley MS, Bank of America BAC, U.S. Bancorp. USB, State Street Corp. STT, UnitedHealth Group Inc. UNH, Procter &amp; Gamble PG, Kinder Morgan KMI, Fastenal Co. FAST</p><p><b>THURSDAY:</b></p><p>Netflix NFLX, United Airlines Holdings UAL, American Airlines AAL, Baker Hughes BKR, Discover Financial Services DFS, CSX Corp. CSX, Union Pacific Corp. UNP, The Travelers Cos. Inc. TRV, Intuitive Surgical Inc. ISRG, KeyCorp. KEY</p><p><b>FRIDAY:</b></p><p>Schlumberger SLB, Huntington Bancshares Inc. HBAN</p><p>U.S. economic reports</p><p><b>Tuesday</b></p><p>Empire State manufacturing index for January due at 8:30 a.m. ET</p><p>NAHB home builders index for January at 10 a.m.</p><p><b>Wednesday</b></p><p>Building permits and starts for December at 8:30 a.m.</p><p>Philly Fed Index for January at 8:30 a.m.</p><p><b>Thursday</b></p><p>Initial jobless claims for the week ended Jan. 15 (and continuing claims for Jan. 8) at 8:30 a.m.</p><p>Existing home sales for December at 10 a.m.</p><p>The Wells Fargo institute has a favorable rating on the tech sector, along with communication services, industrials and financials.</p><p>&#34;This is all a very recent thing where people have almost talked themselves into tech as being rate sensitive,” said Sameer Samana, senior global market strategist at the Wells Fargo institute.</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>Wall St Week Ahead-Earnings to Test Growth Stocks after Rocky Start to Year</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 St Week Ahead-Earnings to Test Growth Stocks after Rocky Start to Year\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\">2022-01-17 07:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>A rough start to 2022 for U.S. tech and growth stocks is raising stakes for upcoming earnings reports, as investors seek reasons to keep faith in the shares while bracing for U.S. interest rate hikes.</p><p>The S&amp;P 500 information technology sector   , which accounts for nearly 29% of the broader index’s weight, is down 5.5% year-to-date, including steep declines in shares of heavyweights such as Microsoft    and Nvidia   , both off roughly 9%. The overall S&amp;P 500    has fallen 2.7%.</p><p>Tech bulls hope a strong earnings season can blunt some of the pain, which many pin on rising Treasury yields and expectations that the Federal Reserve will tighten monetary policy and hike rates aggressively to fight inflation.</p><p>As the Fed increases short-term rates, investors will keep an eye on how high longer-term U.S. Treasury yields rise. Higher yields more steeply discount the value of future profits, which can especially pressure growth stocks.</p><p>&#34;Given the performance of these tech names here recently, will earnings be a savior for them?&#34; said Walter Todd, chief investment officer at Greenwood Capital. &#34;Over the next month,  seeing how some of these tech names respond to their numbers ... will be interesting.&#34;</p><p>Fourth-quarter results season kicks into high gear this week, with overall S&amp;P 500 earnings expected to climb 23.1%, according to Refinitiv IBES. Technology sector earnings are expected to rise by 15.6%, as other groups have benefited more from the economy&#39;s rebound from pandemic lockdowns in 2020.</p><p>Companies in the S&amp;P 500 growth index   , which is replete with tech stocks, are expected to increase earnings 16%, compared to a 26% rise for the S&amp;P 500 value index   , more heavily weighted in banks, industrials and other economically sensitive companies, according to Credit Suisse.</p><p>Higher interest rates could pressure the stretched valuations of tech stocks, so companies need to deliver impressive numbers in coming weeks, said Kim Forrest, chief investment officer at Bokeh Capital Partners.</p><p>&#34;To have the (stock) price go up even in a rising rate/falling multiple environment, you have to show demand for the product,&#34; she said.</p><p>The tech sector is trading at about 27 times earnings estimates for the next 12 months, near its highest in 18 years, compared to 21 times for the overall S&amp;P 500, according to Refinitiv Datstream.</p><p>Netflix   , whose shares have slumped over 14% to start the year, reports on Thursday, the first results from the closely watched &#34;FAANG&#34; group of large growth companies. Investors will watch the streaming giant&#39;s plans for generating content and its outlook for subscribers.</p><p>“If they can surprise to the upside on the number of subscribers, I think that is going to be great for the stock price,” said King Lip, chief strategist at Baker Avenue Asset Management, which owns Netflix shares.</p><p>Among the tech and growth names that have struggled in January are <a href=\"https://laohu8.com/S/ADBE\">Adobe</a>    and <a href=\"https://laohu8.com/S/CRM\">Salesforce</a>.com   , both down about 9%, and DocuSign   , which has dropped about 15%.</p><p>The <a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a>   , which is filled with growth stocks and was the top-performing U.S. equity fund tracked by Morningstar in 2020, is down over 16% so far this year.</p><p>Yet not everyone is convinced Treasury yields will rise much more, or that investors should flee tech shares as the Fed raises rates.</p><p>Analysts at Goldman Sachs see the 10-year Treasury yield rising to 2% by the end of the year, &#34;suggesting only a modest further move in longer-term yields,&#34; while &#34;the likelihood of slowing economic growth in 2022 is an argument in favor of growth stocks.&#34;</p><p>The yield on the 10-year Treasury note    stood at 1.76% on Friday, after topping 1.8% earlier in the week.</p><p>A study by the Wells Fargo Investment Institute, meanwhile, found the tech sector appreciated an average of 48.1% during five periods of rising interest rates since the 1990s.</p><p><b>Week ahead</b></p><p>U.S. markets are closed in observance of the Martin Luther King Jr. holiday on Monday.</p><p><b>Notable U.S. corporate earnings</b></p><p><b>TUESDAY:</b></p><p>Goldman Sachs Group GS, Truist Financial Corp. TFC, Signature Bank SBNY, PNC Financial PNC, J.B. Hunt Transport Services JBHT, Interactive Brokers Group Inc. IBKR</p><p><b>WEDNESDAY:</b></p><p>Morgan Stanley MS, Bank of America BAC, U.S. Bancorp. USB, State Street Corp. STT, UnitedHealth Group Inc. UNH, Procter &amp; Gamble PG, Kinder Morgan KMI, Fastenal Co. FAST</p><p><b>THURSDAY:</b></p><p>Netflix NFLX, United Airlines Holdings UAL, American Airlines AAL, Baker Hughes BKR, Discover Financial Services DFS, CSX Corp. CSX, Union Pacific Corp. UNP, The Travelers Cos. Inc. TRV, Intuitive Surgical Inc. ISRG, KeyCorp. KEY</p><p><b>FRIDAY:</b></p><p>Schlumberger SLB, Huntington Bancshares Inc. HBAN</p><p>U.S. economic reports</p><p><b>Tuesday</b></p><p>Empire State manufacturing index for January due at 8:30 a.m. ET</p><p>NAHB home builders index for January at 10 a.m.</p><p><b>Wednesday</b></p><p>Building permits and starts for December at 8:30 a.m.</p><p>Philly Fed Index for January at 8:30 a.m.</p><p><b>Thursday</b></p><p>Initial jobless claims for the week ended Jan. 15 (and continuing claims for Jan. 8) at 8:30 a.m.</p><p>Existing home sales for December at 10 a.m.</p><p>The Wells Fargo institute has a favorable rating on the tech sector, along with communication services, industrials and financials.</p><p>&#34;This is all a very recent thing where people have almost talked themselves into tech as being rate sensitive,” said Sameer Samana, senior global market strategist at the Wells Fargo institute.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","MSFT":"微软","AAPL":"苹果","TSLA":"特斯拉","CRM":"赛富时","DOCU":"Docusign","NFLX":"奈飞","ADBE":"Adobe"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2203192728","content_text":"A rough start to 2022 for U.S. tech and growth stocks is raising stakes for upcoming earnings reports, as investors seek reasons to keep faith in the shares while bracing for U.S. interest rate hikes.The S&P 500 information technology sector   , which accounts for nearly 29% of the broader index’s weight, is down 5.5% year-to-date, including steep declines in shares of heavyweights such as Microsoft    and Nvidia   , both off roughly 9%. The overall S&P 500    has fallen 2.7%.Tech bulls hope a strong earnings season can blunt some of the pain, which many pin on rising Treasury yields and expectations that the Federal Reserve will tighten monetary policy and hike rates aggressively to fight inflation.As the Fed increases short-term rates, investors will keep an eye on how high longer-term U.S. Treasury yields rise. Higher yields more steeply discount the value of future profits, which can especially pressure growth stocks.\"Given the performance of these tech names here recently, will earnings be a savior for them?\" said Walter Todd, chief investment officer at Greenwood Capital. \"Over the next month,  seeing how some of these tech names respond to their numbers ... will be interesting.\"Fourth-quarter results season kicks into high gear this week, with overall S&P 500 earnings expected to climb 23.1%, according to Refinitiv IBES. Technology sector earnings are expected to rise by 15.6%, as other groups have benefited more from the economy's rebound from pandemic lockdowns in 2020.Companies in the S&P 500 growth index   , which is replete with tech stocks, are expected to increase earnings 16%, compared to a 26% rise for the S&P 500 value index   , more heavily weighted in banks, industrials and other economically sensitive companies, according to Credit Suisse.Higher interest rates could pressure the stretched valuations of tech stocks, so companies need to deliver impressive numbers in coming weeks, said Kim Forrest, chief investment officer at Bokeh Capital Partners.\"To have the (stock) price go up even in a rising rate/falling multiple environment, you have to show demand for the product,\" she said.The tech sector is trading at about 27 times earnings estimates for the next 12 months, near its highest in 18 years, compared to 21 times for the overall S&P 500, according to Refinitiv Datstream.Netflix   , whose shares have slumped over 14% to start the year, reports on Thursday, the first results from the closely watched \"FAANG\" group of large growth companies. Investors will watch the streaming giant's plans for generating content and its outlook for subscribers.“If they can surprise to the upside on the number of subscribers, I think that is going to be great for the stock price,” said King Lip, chief strategist at Baker Avenue Asset Management, which owns Netflix shares.Among the tech and growth names that have struggled in January are Adobe    and Salesforce.com   , both down about 9%, and DocuSign   , which has dropped about 15%.The ARK Innovation ETF   , which is filled with growth stocks and was the top-performing U.S. equity fund tracked by Morningstar in 2020, is down over 16% so far this year.Yet not everyone is convinced Treasury yields will rise much more, or that investors should flee tech shares as the Fed raises rates.Analysts at Goldman Sachs see the 10-year Treasury yield rising to 2% by the end of the year, \"suggesting only a modest further move in longer-term yields,\" while \"the likelihood of slowing economic growth in 2022 is an argument in favor of growth stocks.\"The yield on the 10-year Treasury note    stood at 1.76% on Friday, after topping 1.8% earlier in the week.A study by the Wells Fargo Investment Institute, meanwhile, found the tech sector appreciated an average of 48.1% during five periods of rising interest rates since the 1990s.Week aheadU.S. markets are closed in observance of the Martin Luther King Jr. holiday on Monday.Notable U.S. corporate earningsTUESDAY:Goldman Sachs Group GS, Truist Financial Corp. TFC, Signature Bank SBNY, PNC Financial PNC, J.B. Hunt Transport Services JBHT, Interactive Brokers Group Inc. IBKRWEDNESDAY:Morgan Stanley MS, Bank of America BAC, U.S. Bancorp. USB, State Street Corp. STT, UnitedHealth Group Inc. UNH, Procter & Gamble PG, Kinder Morgan KMI, Fastenal Co. FASTTHURSDAY:Netflix NFLX, United Airlines Holdings UAL, American Airlines AAL, Baker Hughes BKR, Discover Financial Services DFS, CSX Corp. CSX, Union Pacific Corp. UNP, The Travelers Cos. Inc. TRV, Intuitive Surgical Inc. ISRG, KeyCorp. KEYFRIDAY:Schlumberger SLB, Huntington Bancshares Inc. HBANU.S. economic reportsTuesdayEmpire State manufacturing index for January due at 8:30 a.m. ETNAHB home builders index for January at 10 a.m.WednesdayBuilding permits and starts for December at 8:30 a.m.Philly Fed Index for January at 8:30 a.m.ThursdayInitial jobless claims for the week ended Jan. 15 (and continuing claims for Jan. 8) at 8:30 a.m.Existing home sales for December at 10 a.m.The Wells Fargo institute has a favorable rating on the tech sector, along with communication services, industrials and financials.\"This is all a very recent thing where people have almost talked themselves into tech as being rate sensitive,” said Sameer Samana, senior global market strategist at the Wells Fargo institute.","news_type":1},"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9963838185,"gmtCreate":1668643813148,"gmtModify":1676538088816,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4099969523946750","idStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9963838185","repostId":"1126477238","repostType":4,"isVote":1,"tweetType":1,"viewCount":337,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9981429014,"gmtCreate":1666582832938,"gmtModify":1676537771956,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4099969523946750","idStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9981429014","repostId":"1133583383","repostType":4,"repost":{"id":"1133583383","pubTimestamp":1666582585,"share":"https://ttm.financial/m/news/1133583383?lang=&edition=fundamental","pubTime":"2022-10-24 11:36","market":"us","language":"en","title":"Tesla: Accounting And Valuation Concerns","url":"https://stock-news.laohu8.com/highlight/detail?id=1133583383","media":"Seeking Alpha","summary":"SummaryIn this article, I analyze recent reports from banks that have updated their price targets fo","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>In this article, I analyze recent reports from banks that have updated their price targets for Tesla stock since the release of Q3 results.</li><li>BofA and Morgan Stanley are overly optimistic, in my view, while JPMorgan seems closest to reality.</li><li>GLJ Research&#39;s analysts give you 5 reasons to believe TSLA is artificially boosting its revenue numbers.</li><li>Waiting and watching as the price is exposed to the consequences of multiple contractions - which are logical today - does not look optimal, in my view.</li><li>This time, I rate Tesla stock as Hold.</li></ul><p><b>Introduction</b></p><p>In late June 2022, I posted a pair trade idea in which I recommended buying Tesla, Inc. (NASDAQ:TSLA) and selling Lucid Group, Inc. (LCID) stock short (in equal dollar amounts). My pitch was simple enough. Both companies look overvalued in terms of absolute multiples. Still, due to more efficient operational growth, Tesla should have experienced a much less noticeable multiple contraction than Lucid while receiving much more support from retail investors.</p><p>A few months have passed since then. The S&amp;P 500 (SPX) fell even lower, dragging the rest of the market with it, including the companies mentioned above. But my thesis was justified - the difference in the magnitude of the declines in TSLA and LCID would bring a potential investor +22.9% (gross, before deducting brokerage commissions for shorting LCID):</p><p><img src=\"https://static.tigerbbs.com/876778b7ede509db5346250fe56fec97\" tg-width=\"640\" tg-height=\"615\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha, Ycharts, author&#39;s notes</p><p>At the time, I recommended holding this deal until the end of the year. However, in my article today, I want to look at the recent banks&#39; equity research reports on Tesla&#39;s financial results. Let us take a look at them and try to assess how logical their forecasts and conclusions are and whether they should be trusted.</p><p>Bank of America - 3Q results look pretty good to us – first take [October 19]</p><p>Analysts John Murphy, CFA, John P. Babcock, and Federico Merendi reiterated a Neutral rating on Tesla with a price objective (PO) of $325 per share - that&#39;s 3.17% higher than their previous PO of $315.</p><p>Moreover, BofA said much the same thing as I did when I put forward my thesis in June - TSLA&#39;s self-funding status is a notable advantage over some startup competitors in the electric car space, but because its valuation is the result of optimistic projections for a long future (recall the 50% growth target), it will be quite difficult for the quotes to grow strongly in the near future.</p><p>However, why did the bank raise its TSLA price target anyway? The issue is how the actual results differed from what analysts had expected from the company:</p><p><img src=\"https://static.tigerbbs.com/ed4dc14a81b28e60a2032d559c526278\" tg-width=\"640\" tg-height=\"335\" referrerpolicy=\"no-referrer\"/></p><p>BofA, TSLA report, October 19</p><p>I can understand why the analysts were wrong in forecasting gross profit - the variance seems negligible. But to be wrong on operating expenses (OPEX) by 15% and on taxes by 38.8%? If Tesla really is not just faking its books - we will get into that later - but is working as we see in the statements, then the company&#39;s operating efficiency makes one sit up and take notice because even top analysts could not imagine how Elon Musk could save so much on OPEX this quarter.</p><p>BofA values the company using EV/Sales and EV/EBITDA multiples, but $325/share is too optimistic a target in my opinion. Let us look at their logic. BofA analysts expect EV/EBITDA to be 41x in 2022, down 37.1% from 2021. At the same time, EBITDA growth will be 59.2% in 2022. This is such a sharp decline in the multiple against the backdrop of such a high growth rate in the underlying financial metric. In 2023, however, EBITDA is expected to grow by only 7% - many times less than in the previous year. However, the analysts&#39; forecast includes a much less modest contraction of 6.6% in 2023, which is not in line with the trend of recent years:</p><p><img src=\"https://static.tigerbbs.com/146388aab7013b33a9f50032c16ec0f7\" tg-width=\"640\" tg-height=\"567\" referrerpolicy=\"no-referrer\"/></p><p>BofA, TSLA report, with author&#39;s calculations and notes</p><p>In my view, the EV/EBITDA multiple in 2023 should be at least 30x, if not lower, if the multiple contraction continues - and it should, given lower growth forecasts and a generally higher interest rate environment - implying a 27% reduction in the multiple from 2022 to 2023. At EBITDA of $19.916 billion in 2023 (BofA&#39;s estimate), enterprise value should be about $600 billion - that&#39;s 5.5% below the current one.</p><p>Morgan Stanley - 3Q Margins Beat, But FY23 Outlook Still at Risk [October 19]</p><p>AnalystsAdam Jonas, CFA, Evan Silverberg, CFA, CPA, et al. released an update of their Overweight rating, having $350 per share as a new price objective - below its pre-split target of $1300(about $433 per share).</p><p>Morgan Stanley, like BofA, was wrong about growth in OPEX, interest expense, and stock-based compensation. The company&#39;s lower-than-expected CAPEX coupled with stronger EPS growth resulted in a 153.6% undervaluation of FCF:</p><p><img src=\"https://static.tigerbbs.com/d31a9c6b04a11e6fa0bfb86d24468c71\" tg-width=\"492\" tg-height=\"730\" referrerpolicy=\"no-referrer\"/></p><p>MS, TSLA report, October 19</p><p>The key takeaways from their analysis of TSLA&#39;s report:</p><ul><li>expected cost inflation related to logistics/shipping as well as adverse timing differences related to supplier payments given significant input cost inflation on the battery and non-battery side. That didn&#39;t happen;</li><li>If one were to inflation adjust the YoY moves in CAPEX and OPEX, Tesla&#39;s clearly doing more with less;</li><li>Supercharging revenue will most likely get above 10% of Tesla&#39;s total revenue within the next 12 to 18 months;</li><li>Production is ramping up at the 40-GWh Megapack factory in California - a solid win for the company, demonstrating its strength and focus on the battery front.</li></ul><p><b>Okay, but why did analysts lower their TSLA price target?</b></p><p>Here you have to look at the input data for their SOTP 6-component model:</p><p><img src=\"https://static.tigerbbs.com/182723ae2d8888a7435a237b5408867c\" tg-width=\"640\" tg-height=\"181\" referrerpolicy=\"no-referrer\"/></p><p>MS, TSLA report, October 19</p><blockquote>Our PT of $433 is comprised of 6 components:<b>(1)</b>$203/share for core Tesla Auto business on 8.6mm units in 2030, 8.5% WACC, 15x 2030 exit EBITDA multiple, exit EBITDA margin of 20%.<b>(2)</b>Tesla Mobility at $25 on DCF with ~500k cars at $1.7/mile by 2030.<b>(3)</b>Tesla as a 3rd party supplier at $44/share.<b>4)</b>Energy at $37/share,<b>5)</b>Insurance at $12/share, &amp;<b>6)</b>Network Services at $113, 25mm MAUs, $100 ARPU by 2030, 20% discount.</blockquote><blockquote>Source: Investing.com, author&#39;s adjustment for the split (3:1)</blockquote><table><tbody><tr><td><b>Segment / Date</b></td><td><p><b>Jun 16, 2022(rounded)</b></p></td><td><b>Now</b></td><td><b>Change</b></td></tr><tr><td>Core Tesla Auto business</td><td>$203</td><td>$287</td></tr><tr><td>Tesla Mobility</td><td>$25</td><td>$22</td><td>1.4%</td></tr><tr><td>3rd party supplier</td><td>$44</td><td>$27</td><td>-38.2%</td></tr><tr><td>Energy</td><td>$37</td><td>$31</td><td>-16.2%</td></tr><tr><td>Insurance</td><td>$12</td><td>$8</td><td>-35.1%</td></tr><tr><td>Network Services</td><td>$113</td><td>$75</td><td>-33.4%</td></tr><tr><td><b>Sum Of The Parts</b></td><td><b>$433</b></td><td><b>$450</b></td><td><b>4.6%</b></td></tr></tbody></table><p>Source: Author&#39;s compilation</p><p>If you add up all the parts of the analysts&#39; outputs, it shows that their SOTP model does indeed show a price target of $453 per share - I suspect that the Morgan Stanley analysts mistyped their report and wrote $287 instead of $187 because the difference is exactly $100 while the WACC is higher and the sales volume is lower than before. Here&#39;s how the above table should most likely look like:</p><table><tbody><tr><td><b>Segment / Date</b></td><td><b>Jun 16, 2022 (rounded)</b></td><td><b>Now</b></td><td><b>Change</b></td></tr><tr><td>Core Tesla Auto business</td><td>$203</td><td>$187</td><td>-7.7%</td></tr><tr><td>Tesla Mobility</td><td>$25</td><td>$22</td><td>1.4%</td></tr><tr><td>3rd party supplier</td><td>$45</td><td>$27</td><td>-38.2%</td></tr><tr><td>Energy</td><td>$37</td><td>$31</td><td>-16.2%</td></tr><tr><td>Insurance</td><td>$12</td><td>$8</td><td>-35.1%</td></tr><tr><td>Network Services</td><td>$113</td><td>$75</td><td>-33.4%</td></tr><tr><td><b>Sum Of The Parts</b></td><td><b>$433</b></td><td><b>$350</b></td><td><b>-18.5%</b></td></tr></tbody></table><p>Source: Author&#39;s compilation</p><p>If you look at how the analysts&#39; assumptions have changed, we see only 3 concrete changes here: 1) the number of vehicles produced in 2030 is now reduced by 0.9 million units (-10.5%); 2) the WACC is increased by 0.2% (8.7% vs. 8.5%); and 3) the exit EBITDA margin is increased from 20% to 21%. This applies directly to the main revenue stream (Core Tesla Auto business) - the assumptions for the other parts are not disclosed (I assume the WACC has been applied to them as well, considering that Tesla Mobility&#39;s DCF has decreased by 12.5% without any visible adjustments in inputs).</p><p>That is, broadly speaking, the entire decline in the target price (the top rightmost column above) is due to A) a slight slowdown in operations, and B) a slight 0.2% increase in WACC. At the same time, a new, more positive improvement in business margins has by no means kept the target price for TSLA from correcting. In my opinion, the WACC was not raised high enough by analysts and should have been raised by more than 1% instead of 0.2%. Why do I think so?</p><p><b>First,</b> the analysts had to account for higher betas, that mostly increased since their previous call (June 16, 2022):</p><p><img src=\"https://static.tigerbbs.com/d2a07a7f6dd7206ed566e9dcc98a2649\" tg-width=\"635\" tg-height=\"484\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><p>Higher beta - higher WACC. Of course, it is possible that they took a 3-year coefficient, but then it would be cherry-picking. It is unlikely that the Morgan Stanley analysts did this (I really hope so).</p><p><b>The second</b> is the rising risk-free rate, which mostly corresponds to 10-year Treasuries yield, which (theoretically) have no credit risk. The rate has risen since June 15, 2022, from 3.292% to 4.274% at the time of writing. Effective 7-10 year yields on corporate bonds have jumped even higher since then:</p><p><img src=\"https://static.tigerbbs.com/63df41aa9b262fde5ad07913778940a5\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><p><b>The third point</b> that analysts may not have taken into account in their WACC calculation is the slowdown in economic growth in China and globally, which should have been reflected in the discount rate in the form of an additional premium. Since mid-June 2022, the geopolitical situation in the world has only gotten worse (in my opinion), and the forecast for global economic growth was just recently lowered by the IMF. Therefore, this premium should have been larger, if it was included in their calculations at all.</p><p><img src=\"https://static.tigerbbs.com/c8ea24a9cde929b8b6ba9278044bd269\" tg-width=\"640\" tg-height=\"483\" referrerpolicy=\"no-referrer\"/></p><p>IMF, author&#39;s notes</p><p>If a minor 0.2% increase in WACC has led to such severe corrections in price targets for the company&#39;s various businesses, imagine how long the analysts&#39; model should run - apparently they predict all segments to 2030, using huge growth rates in their models. Even a slight deviation from these rates will cause the model to collapse. In my opinion, this is a serious risk for those who want to rely on the DCF calculations of Morgan Stanley&#39;s analysts.</p><p>JPMorgan - Trim Estimates and Price Target After Softer Trend in 3Q Volume &amp; Pricing [October 20]</p><p>AnalystsRyan Brinkman, Rajat Gupta, CFA, Manasvi Garg, et al. stick to an oppositional opinion concerning the other two banks above. They are Underweight Tesla with a price target of $150/share, revised down from $153/share, having the following reasoning:</p><blockquote>We are lowering our estimates and price target after Tesla reported modestly softer than expected 3Q22 results Wednesday after the close, featuring lower-than-consensus margin on lower-than-expected revenue. Average transaction prices rose strongly y/y, but to a level that was lower than expected, driving a -3% revenue miss given that deliveries were previously disclosed. The results will likely add to debates about demand destruction that ensued after 3Q deliveries tracked -5% below company-compiled consensus. Management itself reined in near-term growth expectations, now looking for just less than its original target of more than +50% unit growth this year vs. previous indication only that the target would be more difficult to achieve. We continue to see risk to guidance for +50% annual unit volume growth over time (in some years more, in some years less), including given higher prices, higher interest rates, an increasingly tapped-out consumer, and given the paucity of new model introductions, with Tesla&#39;s lineup essentially the same as at the start of 2021 after the last Model S &amp; X refresh, with the Cybertruck (originally slated for 2021) still on tap. Automotive gross margin of 26.8% missed Bloomberg consensus of 27.7%, with management citing persistent inflationary pressures, including higher logistics costs. We remain cautious on valuation, particularly in the context of lofty unit volume growth expectations, and continue to see material downside risk to our December 2023 price target, which declines today to $150 from $153, on account of unchanged target multiples applied to our slightly lower estimates, which decline primarily on flow-through of 3Q&#39;s softer-than-expected trend in demand expressed in the form of lower transaction prices.</blockquote><blockquote>Source: JPMorgan&#39;s TSLA report, October 20</blockquote><p>Their price target methodology is less sophisticated than Morgan Stanley&#39;s one (and more reasonable, in my opinion, than that of BofA) and is predicated upon a 50/50 blend of DCF and 2025E-based multiples analysis (itself a blend of P/E, EV/EBITDA, and price-to-sales).</p><p>And if you take a look at JPM&#39;s Key Figures table, theirs seem much more realistic - at least the analysts take into account a more reasonable multiple and margin contractions as Tesla expands its business and matures:</p><p><img src=\"https://static.tigerbbs.com/b6bc5018373d282566815bd6816da0b6\" tg-width=\"581\" tg-height=\"631\" referrerpolicy=\"no-referrer\"/></p><p>JPMorgan, TSLA report, October 20</p><p>They propose to focus on equal weighting of 3 coefficients to find fair value (50% of the model) and DCF calculations for the remaining half. If they had focused solely on DCF, they would have received $129 per share on exit - and against a backdrop of rapidly growing FCF. However, FCF-based valuation has shown in practice how indifferent the market is to it concerning Tesla - just take a look at the stock rating history from Ryan Brinkman, the lead author of the above JPM report:</p><p><img src=\"https://static.tigerbbs.com/58a254263a2a3a5480f2c67ead96566c\" tg-width=\"640\" tg-height=\"364\" referrerpolicy=\"no-referrer\"/></p><p>TipRanks, Ryan Brinkman, October 21</p><p>I am not saying Ryan is wrong this time either - &#34;past performance is no guarantee of future performance&#34; applies in reverse as well, let us not forget that. However, I am skeptical about FCF as a driver for determining Tesla&#39;s intrinsic value - it is much more correct to look at multiples and their compression over time. The current state of the company&#39;s valuation is more in line with JPMorgan than BofA or MS - given the increasing risks of Tesla losing its 50% growth rate in 2023 and 2024, I think we are in for a bumpy ride, and the only opportunity for buy-and-hold investors, if you consider yourself one, is to hedge.</p><p>GLJ Research - the numbers TSLA reports are LIKELY NOT REAL [October 20]</p><p>One risk that has long been talked about and is unlikely to be taken seriously by experts is the possibility of falsified reporting. More and more people keep doubting that Tesla can grow such volumes based on sub-ten percent OPEX and CAPEX growth (you may have noticed that this was one of Morgan Stanley&#39;s bullish arguments).</p><p>Gordon Johnson from GLJ Research - ranked by Bloomberg among the top stock pickers in the steel, iron ore, graphite electrode, electric vehicle, and solar spaces since initiating coverage in 2008 - writes, that with 2 of its 4 plants operating at just ~10% capacity, TSLA&#39;s gross margins expansion from 25.0% to 26.61% (per Bloomberg) is not possible.</p><blockquote>In short, we believe the numbers TSLA reports are largely &#34;fiction,&#34; resulting from aggressive accounting applied via the Shanghai plant, among other &#34;tricks&#34; used. And, given modeling numbers that are &#34;fiction&#34; is impossible, this time (i.e., for 3Q22), we aren’t going to even try (we see LARGE incentive for E. Musk to be as aggressive as possible, from an accounting perspective, given he has ~$15B-$20B worth of shares still left to sell to close the Twitter buyout... by our calculation). That is, using one example of TSLA&#39;s many accounting shenanigans, while pretty much every other automaker includes R&amp;D in the gross profit they report, TSLA pushes this metric below the gross profit line, allowing it to claim industry leading margins; yet, when adjusting R&amp;D out of COGS for TSLA, TSLA’s margins rank 11th among global automakers according to Bloomberg.</blockquote><blockquote>Source: Gordon Johnson from GLJ Research</blockquote><p><img src=\"https://static.tigerbbs.com/88b14d65af952a9e91fd7bf618a44557\" tg-width=\"640\" tg-height=\"594\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg, GLJ Research</p><p>Mr. Johnson warns us - demand today is quite meager on all fronts, as evidenced by the company&#39;s own preliminary statistics and official government sources:</p><p><img src=\"https://static.tigerbbs.com/bdab92dd02be42cc98d2eea0f9b03473\" tg-width=\"640\" tg-height=\"115\" referrerpolicy=\"no-referrer\"/></p><p>GLJ Research LLC</p><p>GLJ Research&#39;s analysts give 5 reasons to believe TSLA is artificially boosting its revenue numbers:</p><ol><li>Revenues up 56% (YoY) amid expenses up only 2% (YoY);</li><li>CAPEX is flat (YoY) when construction of Berlin and Austin is done, which seems impossible. TSLA may be capitalizing more expenses than it should on the balance sheet, thus possibly overstating margins;</li><li>TSLA&#39;s SG&amp;A is still running at $1B/qtr, roughly the same as two years ago, despite selling 2x as many cars;</li><li>Gross margins staying up with 2 new factories open, making just a fraction of their vehicle capacity;</li><li>Inventory is up 98% (YoY) while sales up 56%. Inventory should keep pace with sales, not outpace it - unless you capitalize raw materials for inventory which you can&#39;t move and don&#39;t impair so as not to take a profit hit.</li></ol><p><img src=\"https://static.tigerbbs.com/c0ba728f76aeae0a3d1f51a7d7769e2e\" tg-width=\"640\" tg-height=\"124\" referrerpolicy=\"no-referrer\"/></p><p>GLJ Research LLC</p><p>All this looks strange, but it looks even stranger that no one can clearly refute these arguments that support TSLA&#39;s balance sheet fraud. If you can - I am really interested, please share your take in the comments.</p><p><b>Bottom Line</b></p><p>In this article, I took a closer look at the banks&#39; recent analysis and reaction to Tesla&#39;s latest quarterly report. After reading and analyzing everything I had on hands, and also examining the banks&#39; methods of calculating their price targets, I conclude that JPM has come closest to the truth with a reasonable estimate of the multiple and margin contractions over the next 5 years.</p><p>Yes, JPM&#39;s history of &#34;sell&#34; ratings looks depressing - but what if they are right this time? What if Tesla is actually fudging its books to inflate margins and boost net income above consensus?</p><p>The risks to the company are increasing, and while I do not think Tesla is going to repeat Enron&#39;s story, I understand those who think Tesla is an overvalued company. However, it is far from the only company in the market, nor is it the most overvalued. Given the support from retail investors, and assuming that the company&#39;s operational growth continues (if it is a reality), I believe that long-term investors need to hedge against growing risks anyway. Methods can vary - selling puts, pair trading ideas like the one I wrote about earlier, tactical positioning, etc. Waiting and watching as the price is exposed to the consequences of multiple contractions - which are logical today - does not look optimal, in my view.</p><p><i>This time, I rate Tesla stock as Hold.</i></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla: Accounting And Valuation Concerns</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: Accounting And Valuation Concerns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-24 11:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4548158-tesla-accounting-and-valuation-concerns><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryIn this article, I analyze recent reports from banks that have updated their price targets for Tesla stock since the release of Q3 results.BofA and Morgan Stanley are overly optimistic, in my ...</p>\n\n<a href=\"https://seekingalpha.com/article/4548158-tesla-accounting-and-valuation-concerns\">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/4548158-tesla-accounting-and-valuation-concerns","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133583383","content_text":"SummaryIn this article, I analyze recent reports from banks that have updated their price targets for Tesla stock since the release of Q3 results.BofA and Morgan Stanley are overly optimistic, in my view, while JPMorgan seems closest to reality.GLJ Research's analysts give you 5 reasons to believe TSLA is artificially boosting its revenue numbers.Waiting and watching as the price is exposed to the consequences of multiple contractions - which are logical today - does not look optimal, in my view.This time, I rate Tesla stock as Hold.IntroductionIn late June 2022, I posted a pair trade idea in which I recommended buying Tesla, Inc. (NASDAQ:TSLA) and selling Lucid Group, Inc. (LCID) stock short (in equal dollar amounts). My pitch was simple enough. Both companies look overvalued in terms of absolute multiples. Still, due to more efficient operational growth, Tesla should have experienced a much less noticeable multiple contraction than Lucid while receiving much more support from retail investors.A few months have passed since then. The S&P 500 (SPX) fell even lower, dragging the rest of the market with it, including the companies mentioned above. But my thesis was justified - the difference in the magnitude of the declines in TSLA and LCID would bring a potential investor +22.9% (gross, before deducting brokerage commissions for shorting LCID):Seeking Alpha, Ycharts, author's notesAt the time, I recommended holding this deal until the end of the year. However, in my article today, I want to look at the recent banks' equity research reports on Tesla's financial results. Let us take a look at them and try to assess how logical their forecasts and conclusions are and whether they should be trusted.Bank of America - 3Q results look pretty good to us – first take [October 19]Analysts John Murphy, CFA, John P. Babcock, and Federico Merendi reiterated a Neutral rating on Tesla with a price objective (PO) of $325 per share - that's 3.17% higher than their previous PO of $315.Moreover, BofA said much the same thing as I did when I put forward my thesis in June - TSLA's self-funding status is a notable advantage over some startup competitors in the electric car space, but because its valuation is the result of optimistic projections for a long future (recall the 50% growth target), it will be quite difficult for the quotes to grow strongly in the near future.However, why did the bank raise its TSLA price target anyway? The issue is how the actual results differed from what analysts had expected from the company:BofA, TSLA report, October 19I can understand why the analysts were wrong in forecasting gross profit - the variance seems negligible. But to be wrong on operating expenses (OPEX) by 15% and on taxes by 38.8%? If Tesla really is not just faking its books - we will get into that later - but is working as we see in the statements, then the company's operating efficiency makes one sit up and take notice because even top analysts could not imagine how Elon Musk could save so much on OPEX this quarter.BofA values the company using EV/Sales and EV/EBITDA multiples, but $325/share is too optimistic a target in my opinion. Let us look at their logic. BofA analysts expect EV/EBITDA to be 41x in 2022, down 37.1% from 2021. At the same time, EBITDA growth will be 59.2% in 2022. This is such a sharp decline in the multiple against the backdrop of such a high growth rate in the underlying financial metric. In 2023, however, EBITDA is expected to grow by only 7% - many times less than in the previous year. However, the analysts' forecast includes a much less modest contraction of 6.6% in 2023, which is not in line with the trend of recent years:BofA, TSLA report, with author's calculations and notesIn my view, the EV/EBITDA multiple in 2023 should be at least 30x, if not lower, if the multiple contraction continues - and it should, given lower growth forecasts and a generally higher interest rate environment - implying a 27% reduction in the multiple from 2022 to 2023. At EBITDA of $19.916 billion in 2023 (BofA's estimate), enterprise value should be about $600 billion - that's 5.5% below the current one.Morgan Stanley - 3Q Margins Beat, But FY23 Outlook Still at Risk [October 19]AnalystsAdam Jonas, CFA, Evan Silverberg, CFA, CPA, et al. released an update of their Overweight rating, having $350 per share as a new price objective - below its pre-split target of $1300(about $433 per share).Morgan Stanley, like BofA, was wrong about growth in OPEX, interest expense, and stock-based compensation. The company's lower-than-expected CAPEX coupled with stronger EPS growth resulted in a 153.6% undervaluation of FCF:MS, TSLA report, October 19The key takeaways from their analysis of TSLA's report:expected cost inflation related to logistics/shipping as well as adverse timing differences related to supplier payments given significant input cost inflation on the battery and non-battery side. That didn't happen;If one were to inflation adjust the YoY moves in CAPEX and OPEX, Tesla's clearly doing more with less;Supercharging revenue will most likely get above 10% of Tesla's total revenue within the next 12 to 18 months;Production is ramping up at the 40-GWh Megapack factory in California - a solid win for the company, demonstrating its strength and focus on the battery front.Okay, but why did analysts lower their TSLA price target?Here you have to look at the input data for their SOTP 6-component model:MS, TSLA report, October 19Our PT of $433 is comprised of 6 components:(1)$203/share for core Tesla Auto business on 8.6mm units in 2030, 8.5% WACC, 15x 2030 exit EBITDA multiple, exit EBITDA margin of 20%.(2)Tesla Mobility at $25 on DCF with ~500k cars at $1.7/mile by 2030.(3)Tesla as a 3rd party supplier at $44/share.4)Energy at $37/share,5)Insurance at $12/share, &6)Network Services at $113, 25mm MAUs, $100 ARPU by 2030, 20% discount.Source: Investing.com, author's adjustment for the split (3:1)Segment / DateJun 16, 2022(rounded)NowChangeCore Tesla Auto business$203$287Tesla Mobility$25$221.4%3rd party supplier$44$27-38.2%Energy$37$31-16.2%Insurance$12$8-35.1%Network Services$113$75-33.4%Sum Of The Parts$433$4504.6%Source: Author's compilationIf you add up all the parts of the analysts' outputs, it shows that their SOTP model does indeed show a price target of $453 per share - I suspect that the Morgan Stanley analysts mistyped their report and wrote $287 instead of $187 because the difference is exactly $100 while the WACC is higher and the sales volume is lower than before. Here's how the above table should most likely look like:Segment / DateJun 16, 2022 (rounded)NowChangeCore Tesla Auto business$203$187-7.7%Tesla Mobility$25$221.4%3rd party supplier$45$27-38.2%Energy$37$31-16.2%Insurance$12$8-35.1%Network Services$113$75-33.4%Sum Of The Parts$433$350-18.5%Source: Author's compilationIf you look at how the analysts' assumptions have changed, we see only 3 concrete changes here: 1) the number of vehicles produced in 2030 is now reduced by 0.9 million units (-10.5%); 2) the WACC is increased by 0.2% (8.7% vs. 8.5%); and 3) the exit EBITDA margin is increased from 20% to 21%. This applies directly to the main revenue stream (Core Tesla Auto business) - the assumptions for the other parts are not disclosed (I assume the WACC has been applied to them as well, considering that Tesla Mobility's DCF has decreased by 12.5% without any visible adjustments in inputs).That is, broadly speaking, the entire decline in the target price (the top rightmost column above) is due to A) a slight slowdown in operations, and B) a slight 0.2% increase in WACC. At the same time, a new, more positive improvement in business margins has by no means kept the target price for TSLA from correcting. In my opinion, the WACC was not raised high enough by analysts and should have been raised by more than 1% instead of 0.2%. Why do I think so?First, the analysts had to account for higher betas, that mostly increased since their previous call (June 16, 2022):Data by YChartsHigher beta - higher WACC. Of course, it is possible that they took a 3-year coefficient, but then it would be cherry-picking. It is unlikely that the Morgan Stanley analysts did this (I really hope so).The second is the rising risk-free rate, which mostly corresponds to 10-year Treasuries yield, which (theoretically) have no credit risk. The rate has risen since June 15, 2022, from 3.292% to 4.274% at the time of writing. Effective 7-10 year yields on corporate bonds have jumped even higher since then:Data by YChartsThe third point that analysts may not have taken into account in their WACC calculation is the slowdown in economic growth in China and globally, which should have been reflected in the discount rate in the form of an additional premium. Since mid-June 2022, the geopolitical situation in the world has only gotten worse (in my opinion), and the forecast for global economic growth was just recently lowered by the IMF. Therefore, this premium should have been larger, if it was included in their calculations at all.IMF, author's notesIf a minor 0.2% increase in WACC has led to such severe corrections in price targets for the company's various businesses, imagine how long the analysts' model should run - apparently they predict all segments to 2030, using huge growth rates in their models. Even a slight deviation from these rates will cause the model to collapse. In my opinion, this is a serious risk for those who want to rely on the DCF calculations of Morgan Stanley's analysts.JPMorgan - Trim Estimates and Price Target After Softer Trend in 3Q Volume & Pricing [October 20]AnalystsRyan Brinkman, Rajat Gupta, CFA, Manasvi Garg, et al. stick to an oppositional opinion concerning the other two banks above. They are Underweight Tesla with a price target of $150/share, revised down from $153/share, having the following reasoning:We are lowering our estimates and price target after Tesla reported modestly softer than expected 3Q22 results Wednesday after the close, featuring lower-than-consensus margin on lower-than-expected revenue. Average transaction prices rose strongly y/y, but to a level that was lower than expected, driving a -3% revenue miss given that deliveries were previously disclosed. The results will likely add to debates about demand destruction that ensued after 3Q deliveries tracked -5% below company-compiled consensus. Management itself reined in near-term growth expectations, now looking for just less than its original target of more than +50% unit growth this year vs. previous indication only that the target would be more difficult to achieve. We continue to see risk to guidance for +50% annual unit volume growth over time (in some years more, in some years less), including given higher prices, higher interest rates, an increasingly tapped-out consumer, and given the paucity of new model introductions, with Tesla's lineup essentially the same as at the start of 2021 after the last Model S & X refresh, with the Cybertruck (originally slated for 2021) still on tap. Automotive gross margin of 26.8% missed Bloomberg consensus of 27.7%, with management citing persistent inflationary pressures, including higher logistics costs. We remain cautious on valuation, particularly in the context of lofty unit volume growth expectations, and continue to see material downside risk to our December 2023 price target, which declines today to $150 from $153, on account of unchanged target multiples applied to our slightly lower estimates, which decline primarily on flow-through of 3Q's softer-than-expected trend in demand expressed in the form of lower transaction prices.Source: JPMorgan's TSLA report, October 20Their price target methodology is less sophisticated than Morgan Stanley's one (and more reasonable, in my opinion, than that of BofA) and is predicated upon a 50/50 blend of DCF and 2025E-based multiples analysis (itself a blend of P/E, EV/EBITDA, and price-to-sales).And if you take a look at JPM's Key Figures table, theirs seem much more realistic - at least the analysts take into account a more reasonable multiple and margin contractions as Tesla expands its business and matures:JPMorgan, TSLA report, October 20They propose to focus on equal weighting of 3 coefficients to find fair value (50% of the model) and DCF calculations for the remaining half. If they had focused solely on DCF, they would have received $129 per share on exit - and against a backdrop of rapidly growing FCF. However, FCF-based valuation has shown in practice how indifferent the market is to it concerning Tesla - just take a look at the stock rating history from Ryan Brinkman, the lead author of the above JPM report:TipRanks, Ryan Brinkman, October 21I am not saying Ryan is wrong this time either - \"past performance is no guarantee of future performance\" applies in reverse as well, let us not forget that. However, I am skeptical about FCF as a driver for determining Tesla's intrinsic value - it is much more correct to look at multiples and their compression over time. The current state of the company's valuation is more in line with JPMorgan than BofA or MS - given the increasing risks of Tesla losing its 50% growth rate in 2023 and 2024, I think we are in for a bumpy ride, and the only opportunity for buy-and-hold investors, if you consider yourself one, is to hedge.GLJ Research - the numbers TSLA reports are LIKELY NOT REAL [October 20]One risk that has long been talked about and is unlikely to be taken seriously by experts is the possibility of falsified reporting. More and more people keep doubting that Tesla can grow such volumes based on sub-ten percent OPEX and CAPEX growth (you may have noticed that this was one of Morgan Stanley's bullish arguments).Gordon Johnson from GLJ Research - ranked by Bloomberg among the top stock pickers in the steel, iron ore, graphite electrode, electric vehicle, and solar spaces since initiating coverage in 2008 - writes, that with 2 of its 4 plants operating at just ~10% capacity, TSLA's gross margins expansion from 25.0% to 26.61% (per Bloomberg) is not possible.In short, we believe the numbers TSLA reports are largely \"fiction,\" resulting from aggressive accounting applied via the Shanghai plant, among other \"tricks\" used. And, given modeling numbers that are \"fiction\" is impossible, this time (i.e., for 3Q22), we aren’t going to even try (we see LARGE incentive for E. Musk to be as aggressive as possible, from an accounting perspective, given he has ~$15B-$20B worth of shares still left to sell to close the Twitter buyout... by our calculation). That is, using one example of TSLA's many accounting shenanigans, while pretty much every other automaker includes R&D in the gross profit they report, TSLA pushes this metric below the gross profit line, allowing it to claim industry leading margins; yet, when adjusting R&D out of COGS for TSLA, TSLA’s margins rank 11th among global automakers according to Bloomberg.Source: Gordon Johnson from GLJ ResearchBloomberg, GLJ ResearchMr. Johnson warns us - demand today is quite meager on all fronts, as evidenced by the company's own preliminary statistics and official government sources:GLJ Research LLCGLJ Research's analysts give 5 reasons to believe TSLA is artificially boosting its revenue numbers:Revenues up 56% (YoY) amid expenses up only 2% (YoY);CAPEX is flat (YoY) when construction of Berlin and Austin is done, which seems impossible. TSLA may be capitalizing more expenses than it should on the balance sheet, thus possibly overstating margins;TSLA's SG&A is still running at $1B/qtr, roughly the same as two years ago, despite selling 2x as many cars;Gross margins staying up with 2 new factories open, making just a fraction of their vehicle capacity;Inventory is up 98% (YoY) while sales up 56%. Inventory should keep pace with sales, not outpace it - unless you capitalize raw materials for inventory which you can't move and don't impair so as not to take a profit hit.GLJ Research LLCAll this looks strange, but it looks even stranger that no one can clearly refute these arguments that support TSLA's balance sheet fraud. If you can - I am really interested, please share your take in the comments.Bottom LineIn this article, I took a closer look at the banks' recent analysis and reaction to Tesla's latest quarterly report. After reading and analyzing everything I had on hands, and also examining the banks' methods of calculating their price targets, I conclude that JPM has come closest to the truth with a reasonable estimate of the multiple and margin contractions over the next 5 years.Yes, JPM's history of \"sell\" ratings looks depressing - but what if they are right this time? What if Tesla is actually fudging its books to inflate margins and boost net income above consensus?The risks to the company are increasing, and while I do not think Tesla is going to repeat Enron's story, I understand those who think Tesla is an overvalued company. However, it is far from the only company in the market, nor is it the most overvalued. Given the support from retail investors, and assuming that the company's operational growth continues (if it is a reality), I believe that long-term investors need to hedge against growing risks anyway. Methods can vary - selling puts, pair trading ideas like the one I wrote about earlier, tactical positioning, etc. Waiting and watching as the price is exposed to the consequences of multiple contractions - which are logical today - does not look optimal, in my view.This time, I rate Tesla stock as Hold.","news_type":1},"isVote":1,"tweetType":1,"viewCount":105,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983913499,"gmtCreate":1666137399611,"gmtModify":1676537710758,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4099969523946750","idStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9983913499","repostId":"1129905097","repostType":4,"repost":{"id":"1129905097","pubTimestamp":1666151424,"share":"https://ttm.financial/m/news/1129905097?lang=&edition=fundamental","pubTime":"2022-10-19 11:50","market":"us","language":"en","title":"Earnings Outlooks Are Key to Determining If Stocks Hit Bottom","url":"https://stock-news.laohu8.com/highlight/detail?id=1129905097","media":"Bloomberg","summary":"Morgan Stanley says 3Q results to drive near-term equity movesResilient profits may push earnings de","content":"<html><head></head><body><ul><li>Morgan Stanley says 3Q results to drive near-term equity moves</li><li>Resilient profits may push earnings debate to January: Weaver</li></ul><p>The rebound in US equities this week is stoking an argument that’s raged all year on Wall Street: When will this bear market end?</p><p>The answer may lie in the current earnings season, which kicked off last week, specifically Corporate America’s outlook for future profits, according to Morgan Stanley. A reset in earnings expectations could prompt investors to seek an inflection point in the market, with the S&amp;P 500 Index set for its biggest annual decline since the global financial crisis.</p><p>“This earnings season in particular holds importance as it could shape the debate between the bulls and the bears,” strategists led by Michelle Weaver wrote in a note to clients on Tuesday.</p><p>Strong results and stable guidance may “suggest a more moderate earnings correction or at least push the earnings debate until January’s fourth-quarter reporting season,” the strategists wrote. However, “a sharp reduction in earnings estimates could signal significant earnings cuts and a potential earnings recession.”</p><p>Morgan Stanley’s Michael Wilson, a well-known stock market bear who correctly predicted this year’s slump, separately said Monday that US stocks are ripe for a short-term rally in the absence of an earnings capitulation or an official recession. That could lead to the S&amp;P 500’s bounce to 4,150, a 13% upside from Monday’s close. But he maintained his overall negative long-term stance on equities, cautioning that a bounce of that magnitude would be in line with prior bear-market rallies.</p><p><img src=\"https://static.tigerbbs.com/b495095f619b84a616a28d7a1bfad699\" tg-width=\"698\" tg-height=\"392\" referrerpolicy=\"no-referrer\"/>Companies have likely managed the quarter well enough to provide a “soft beat” given the lower bar, Weaver explained. Still, the broad consensus among the bank’s client base is that 2023 earnings remain too high. While corporate profits in the S&amp;P 500 are expected to increase 2.2% in the third quarter, growth is projected to sit at 5.7% in 2023, down from expectations of 9.7% in 2022, according to data compiled by Bloomberg.</p><p>To fund managers surveyed by Bank of America Corp., the sentiment on stocks and global growth “screams macro capitulation,” opening the way to an equities rally in 2023, strategists led by Michael Hartnett wrote in a note on Tuesday.</p><p>Even some of Wall Street’s fervent bulls are turning to sour this month. On Monday, JPMorgan Chase &amp; Co.’s Marko Kolanovic -- Wall Street’s most vocal bull -- cut the size of his equity overweight and bond underweight allocations in the bank’s model portfolio, citing increasing risks from central bank policies and geopolitics. Earlier this month, he warned that hawkish central banks have put the firm’s 2022 price target of 4,800 at risk for the S&amp;P 500.</p><p>For Morgan Stanley’s Weaver, there are 12 stocks that are poised to “react materially to near-term events.” Seven companies that are expected to react positively include Arcutis Biotherapeutics Inc.; Arista Networks Inc.; Cboe Global Markets Inc.; Cummins Inc.; DTE Energy Co.; MercadoLibre Inc.; and Patterson-UTI Energy Inc. Meanwhile, five stocks in particular could face declines like CAE Inc.; Logitech International SA; Micron Technology Inc.; Seagate Technology; and Zebra Technologies Corp.</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>Earnings Outlooks Are Key to Determining If Stocks Hit Bottom</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\">\nEarnings Outlooks Are Key to Determining If Stocks Hit Bottom\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-19 11:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-10-18/earnings-outlooks-are-key-to-determining-if-stocks-hit-bottom><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Morgan Stanley says 3Q results to drive near-term equity movesResilient profits may push earnings debate to January: WeaverThe rebound in US equities this week is stoking an argument that’s raged all ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-10-18/earnings-outlooks-are-key-to-determining-if-stocks-hit-bottom\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2022-10-18/earnings-outlooks-are-key-to-determining-if-stocks-hit-bottom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129905097","content_text":"Morgan Stanley says 3Q results to drive near-term equity movesResilient profits may push earnings debate to January: WeaverThe rebound in US equities this week is stoking an argument that’s raged all year on Wall Street: When will this bear market end?The answer may lie in the current earnings season, which kicked off last week, specifically Corporate America’s outlook for future profits, according to Morgan Stanley. A reset in earnings expectations could prompt investors to seek an inflection point in the market, with the S&P 500 Index set for its biggest annual decline since the global financial crisis.“This earnings season in particular holds importance as it could shape the debate between the bulls and the bears,” strategists led by Michelle Weaver wrote in a note to clients on Tuesday.Strong results and stable guidance may “suggest a more moderate earnings correction or at least push the earnings debate until January’s fourth-quarter reporting season,” the strategists wrote. However, “a sharp reduction in earnings estimates could signal significant earnings cuts and a potential earnings recession.”Morgan Stanley’s Michael Wilson, a well-known stock market bear who correctly predicted this year’s slump, separately said Monday that US stocks are ripe for a short-term rally in the absence of an earnings capitulation or an official recession. That could lead to the S&P 500’s bounce to 4,150, a 13% upside from Monday’s close. But he maintained his overall negative long-term stance on equities, cautioning that a bounce of that magnitude would be in line with prior bear-market rallies.Companies have likely managed the quarter well enough to provide a “soft beat” given the lower bar, Weaver explained. Still, the broad consensus among the bank’s client base is that 2023 earnings remain too high. While corporate profits in the S&P 500 are expected to increase 2.2% in the third quarter, growth is projected to sit at 5.7% in 2023, down from expectations of 9.7% in 2022, according to data compiled by Bloomberg.To fund managers surveyed by Bank of America Corp., the sentiment on stocks and global growth “screams macro capitulation,” opening the way to an equities rally in 2023, strategists led by Michael Hartnett wrote in a note on Tuesday.Even some of Wall Street’s fervent bulls are turning to sour this month. On Monday, JPMorgan Chase & Co.’s Marko Kolanovic -- Wall Street’s most vocal bull -- cut the size of his equity overweight and bond underweight allocations in the bank’s model portfolio, citing increasing risks from central bank policies and geopolitics. Earlier this month, he warned that hawkish central banks have put the firm’s 2022 price target of 4,800 at risk for the S&P 500.For Morgan Stanley’s Weaver, there are 12 stocks that are poised to “react materially to near-term events.” Seven companies that are expected to react positively include Arcutis Biotherapeutics Inc.; Arista Networks Inc.; Cboe Global Markets Inc.; Cummins Inc.; DTE Energy Co.; MercadoLibre Inc.; and Patterson-UTI Energy Inc. Meanwhile, five stocks in particular could face declines like CAE Inc.; Logitech International SA; Micron Technology Inc.; Seagate Technology; and Zebra Technologies Corp.","news_type":1},"isVote":1,"tweetType":1,"viewCount":87,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939854707,"gmtCreate":1662086839109,"gmtModify":1676536953057,"author":{"id":"4099969523946750","authorId":"4099969523946750","name":"Taki9415","avatar":"https://static.tigerbbs.com/ec08d4ec3a004c0ce6fc9764e0b274ec","crmLevel":4,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4099969523946750","idStr":"4099969523946750"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9939854707","repostId":"1119664964","repostType":4,"repost":{"id":"1119664964","pubTimestamp":1662083655,"share":"https://ttm.financial/m/news/1119664964?lang=&edition=fundamental","pubTime":"2022-09-02 09:54","market":"us","language":"en","title":"7 Mistakes to Avoid When Trading Options","url":"https://stock-news.laohu8.com/highlight/detail?id=1119664964","media":"Bankrate","summary":"Trading options can be appealing for many reasons.Optionscan serve as a hedge against falling stock ","content":"<html><head></head><body><p>Trading options can be appealing for many reasons.Optionscan serve as a hedge against falling stock prices or give traders the magnifying power of leverage, making options useful in the right situation.</p><p>But traders can also misuse options, and may make common mistakes that derail their strategy. Trading options is generally more complicated than trading stocks, so there are some things you should know before diving in. If you want to trade options, be sure to avoid these common mistakes.</p><h2>1. Not having a trading strategy</h2><p>Trading options has its benefits, but diving in without any sort of trading strategy is not a recipe for success. For example, how will you identify potential trading opportunities? What criteria will you use to determine whether a potential trade is worth pursuing? How much are you willing to lose on a trade that doesn’t go according to plan? These are important questions to answer.</p><p>If you don’t have a clearly defined trading plan, you might end up making random decisions based on emotion or what you heard in the news. When you have a trading plan, your decisions are based simply on whether an opportunity fits within the framework you have created.</p><p>In addition, inexperienced traders sometimes don’t have an exit strategy, which can be a problem. Options can make big moves in either direction. You should know not only how large of a move should trigger action on your part, but also how long you’ll wait before taking action.</p><h2>2. Lack of diversification</h2><p>One of the most common problems when trading options is a lack of diversification. When buying equities, diversification usually means purchasing stock in many different companies. When thinking about options, it means something a little different.</p><p>With options, you have more possibilities than buying promising stocks and selling the losers. You’ll want to deal with both calls and puts, for example. You also have many trading strategies and tactics, such as covered calls, married puts, and bear put spreads. Using multiple options strategies can help you succeed even if one particular strategy is unsuccessful.</p><h2>3. Lack of discipline</h2><p>Options trading requires an acute sense of discipline and self-control. While it can provide wins more quickly than investing in index funds, that isn’t to say it will always produce immediate results. If you want to do well, you must be willing to stick to your strategy.</p><p>For example, options traders can be too quick to sell a winner while holding on to a loser for too long. Or perhaps they wait too long to buy back short options. Options require you to be smart with how you trade if you want to be successful in the long run.</p><h2>4. Using margin to buy options</h2><p>Using a margin loan can be tempting when trading options since it might allow you to make a nice profit without putting up much capital. The problem is that while a margin loan can amplify the wins, it does the same with losses. Buying on margin is risky, whether or not you use it to trade options. Margin calls are also a concern when trading with leverage.</p><p>It’s important that you don’t trade with money you can’t afford to lose, but trading options increase the likelihood of that happening. Because of the heavy risk associated with buying on margin, it is usually best left to advanced investors.</p><h2>5. Focusing on illiquid options</h2><p>Liquidity is the ease with which something can be converted into cash. Shares of stock are often quite liquid since they can easily be sold for cash whenever the market is open. But trading options isn’t as simple as selling shares at a given market price.</p><p>Options traders are at the mercy of the bid-ask spread, the difference between what sellers are asking for an asset and what buyers are willing to pay (bid). If there is a big difference between those two prices, you have an illiquid option. That means you might have trouble finding a buyer when needed, which can be a problem, given the occasionally rapid price swings with options.</p><h2>6. Failing to understand technical indicators</h2><p>When trading options, traders must understand the dynamics of option pricing and how they work. For instance, indicators such as the delta, gamma, vega and theta of an option should be second nature to you. If you aren’t familiar with these, it’s best to understand them before getting started.</p><p>For example, delta represents how much the option price is expected to move based on a $1 change in the underlying security. In other words, it tells you the price sensitivity of the option. Similarly, theta explains the effect of time on the option. An effective options trading strategy requires that you know how to read charts and understand the various indicators they show.</p><h2>7. Not accounting for volatility</h2><p>As noted earlier, the options market can be volatile. However, savvy options traders can use this to their advantage. The expected volatility of a stock influences the option’s premium, or the price the options trader pays for the contract. Because of this, understanding volatility will help you determine whether an option is cheap. Your trading strategy should account for volatility so you know whether a contract is worth buying.</p><h2>Bottom line</h2><p>Options allow traders to magnify their gains, but they can be risky if you don’t have the necessary knowledge beforehand. A lack of knowledge could result in key mistakes, such as not having a trading plan, a lack of diversification, or relying too heavily on margin. Like most things, there is a learning curve with options trading that requires learning by doing. But keeping these common mistakes in mind can help make your learning experience a less costly one.</p></body></html>","source":"lsy1662083481883","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>7 Mistakes to Avoid When Trading Options</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\">\n7 Mistakes to Avoid When Trading Options\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-02 09:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bankrate.com/investing/mistakes-to-avoid-when-trading-options/><strong>Bankrate</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Trading options can be appealing for many reasons.Optionscan serve as a hedge against falling stock prices or give traders the magnifying power of leverage, making options useful in the right ...</p>\n\n<a href=\"https://www.bankrate.com/investing/mistakes-to-avoid-when-trading-options/\">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.bankrate.com/investing/mistakes-to-avoid-when-trading-options/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119664964","content_text":"Trading options can be appealing for many reasons.Optionscan serve as a hedge against falling stock prices or give traders the magnifying power of leverage, making options useful in the right situation.But traders can also misuse options, and may make common mistakes that derail their strategy. Trading options is generally more complicated than trading stocks, so there are some things you should know before diving in. If you want to trade options, be sure to avoid these common mistakes.1. Not having a trading strategyTrading options has its benefits, but diving in without any sort of trading strategy is not a recipe for success. For example, how will you identify potential trading opportunities? What criteria will you use to determine whether a potential trade is worth pursuing? How much are you willing to lose on a trade that doesn’t go according to plan? These are important questions to answer.If you don’t have a clearly defined trading plan, you might end up making random decisions based on emotion or what you heard in the news. When you have a trading plan, your decisions are based simply on whether an opportunity fits within the framework you have created.In addition, inexperienced traders sometimes don’t have an exit strategy, which can be a problem. Options can make big moves in either direction. You should know not only how large of a move should trigger action on your part, but also how long you’ll wait before taking action.2. Lack of diversificationOne of the most common problems when trading options is a lack of diversification. When buying equities, diversification usually means purchasing stock in many different companies. When thinking about options, it means something a little different.With options, you have more possibilities than buying promising stocks and selling the losers. You’ll want to deal with both calls and puts, for example. You also have many trading strategies and tactics, such as covered calls, married puts, and bear put spreads. Using multiple options strategies can help you succeed even if one particular strategy is unsuccessful.3. Lack of disciplineOptions trading requires an acute sense of discipline and self-control. While it can provide wins more quickly than investing in index funds, that isn’t to say it will always produce immediate results. If you want to do well, you must be willing to stick to your strategy.For example, options traders can be too quick to sell a winner while holding on to a loser for too long. Or perhaps they wait too long to buy back short options. Options require you to be smart with how you trade if you want to be successful in the long run.4. Using margin to buy optionsUsing a margin loan can be tempting when trading options since it might allow you to make a nice profit without putting up much capital. The problem is that while a margin loan can amplify the wins, it does the same with losses. Buying on margin is risky, whether or not you use it to trade options. Margin calls are also a concern when trading with leverage.It’s important that you don’t trade with money you can’t afford to lose, but trading options increase the likelihood of that happening. Because of the heavy risk associated with buying on margin, it is usually best left to advanced investors.5. Focusing on illiquid optionsLiquidity is the ease with which something can be converted into cash. Shares of stock are often quite liquid since they can easily be sold for cash whenever the market is open. But trading options isn’t as simple as selling shares at a given market price.Options traders are at the mercy of the bid-ask spread, the difference between what sellers are asking for an asset and what buyers are willing to pay (bid). If there is a big difference between those two prices, you have an illiquid option. That means you might have trouble finding a buyer when needed, which can be a problem, given the occasionally rapid price swings with options.6. Failing to understand technical indicatorsWhen trading options, traders must understand the dynamics of option pricing and how they work. For instance, indicators such as the delta, gamma, vega and theta of an option should be second nature to you. If you aren’t familiar with these, it’s best to understand them before getting started.For example, delta represents how much the option price is expected to move based on a $1 change in the underlying security. In other words, it tells you the price sensitivity of the option. Similarly, theta explains the effect of time on the option. An effective options trading strategy requires that you know how to read charts and understand the various indicators they show.7. Not accounting for volatilityAs noted earlier, the options market can be volatile. However, savvy options traders can use this to their advantage. The expected volatility of a stock influences the option’s premium, or the price the options trader pays for the contract. Because of this, understanding volatility will help you determine whether an option is cheap. Your trading strategy should account for volatility so you know whether a contract is worth buying.Bottom lineOptions allow traders to magnify their gains, but they can be risky if you don’t have the necessary knowledge beforehand. A lack of knowledge could result in key mistakes, such as not having a trading plan, a lack of diversification, or relying too heavily on margin. Like most things, there is a learning curve with options trading that requires learning by doing. But keeping these common mistakes in mind can help make your learning experience a less costly one.","news_type":1},"isVote":1,"tweetType":1,"viewCount":282,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}