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Pepermintpat
2023-05-15
This is the force n ability of biting bullets n gritting teeth
Sea’s Path to Profit Paved With Layoffs, Single-Ply Toilet Paper
Pepermintpat
2023-04-08
Yes! 💪
A Bull Market Is Coming: 3 Reasons to Buy Tesla Stock Before It Skyrockets
Pepermintpat
2023-04-01
Great opportunities in a decade !
A Bull Market Is Coming: Here's Warren Buffett's Investing Advice
Pepermintpat
2023-03-30
Target $280 👍 it's great value n growth
Pepermintpat
2023-03-20
Ok
Fed to Consider a Pause as Fallout From SVB Roils Markets
Pepermintpat
2023-03-11
Go for options in
$Energy Select Sector SPDR Fund(XLE)$
Hawkish Fed talk, disappointing Chinese imports weigh on crude oil
Pepermintpat
2023-03-11
$Nasdaq100 Bear 3X ETF(SQQQ)$
Pepermintpat
2023-03-11
Like
2 Reasons to Buy Amazon Stock Before It's Too Late
Pepermintpat
2023-03-10
OMG!!
Sorry, the original content has been removed
Pepermintpat
2023-03-10
Patience
Why Did JD.com Shares Slump Thursday? Blame It on a Wary Business Outlook
Pepermintpat
2023-03-10
Ok
Bitcoin Drops Below $20,000 Level for First Time Since January
Pepermintpat
2023-03-03
Yes!
Sorry, the original content has been removed
Pepermintpat
2023-03-02
Great!
Tiger Chart | Highlights from Tesla's Investor Day: Optimus, Cybertruck, Third-Gen Platform and More
Pepermintpat
2023-03-02
$Nasdaq100 Bear 3X ETF(SQQQ)$
Pepermintpat
2023-03-02
$SPDR Gold Shares(GLD)$
Time to hedge against stocks
Pepermintpat
2023-02-28
$NIO Inc.(NIO)$
Expect $10.20
Pepermintpat
2023-02-23
$Nasdaq100 Bear 3X ETF(SQQQ)$
Pepermintpat
2023-02-15
$Nasdaq100 Bear 3X ETF(SQQQ)$
Pepermintpat
2023-02-14
Like
Wall Street Trading Desks Map Out Game Plans for CPI Scenarios
Pepermintpat
2023-02-07
Ok
Hedge Funds Caught in Bigger Squeeze Than 2021 Meme Stock Frenzy - Goldman Sachs Note
Go to Tiger App to see more news
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is the force n ability of biting bullets n gritting teeth","listText":"This is the force n ability of biting bullets n gritting teeth","text":"This is the force n ability of biting bullets n gritting teeth","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970190480","repostId":"1145646911","repostType":2,"repost":{"id":"1145646911","pubTimestamp":1684116232,"share":"https://ttm.financial/m/news/1145646911?lang=&edition=fundamental","pubTime":"2023-05-15 10:03","market":"sg","language":"en","title":"Sea’s Path to Profit Paved With Layoffs, Single-Ply Toilet Paper","url":"https://stock-news.laohu8.com/highlight/detail?id=1145646911","media":"Bloomberg","summary":"CEO of Singapore’s Sea says company is now ‘self-sufficient’Shift comes after ruthless cost-cutting ","content":"<html><head></head><body><ul><li><p>CEO of Singapore’s Sea says company is now ‘self-sufficient’</p></li><li><p>Shift comes after ruthless cost-cutting drive in the past year</p></li></ul><p>Just over a year ago, Forrest Li was laid up in bed with Covid, fretting about the future of his company, Sea Ltd. So he propped himself up on a pillow to hammer out the latest in a series of memos that would change the course of his business — and perhaps the tech industry.</p><p style=\"text-align: start;\">Sea had been a stock market phenom, racing to a market capitalization of more than $200 billion despite huge losses, but the world had changed. Investors had turned against money-losing tech companies. So Sea had to change with it, Li wrote. With a burning fever and nagging cough, he told his leadership team it was time to focus on profit and exit India.</p><p style=\"text-align: start;\">That memo kicked off a sweeping overhaul of Sea over the next few months. The company laid off roughly more than 7,500 employees, or about 10% of its workforce, though Sea declined to disclose the actual numbers. It froze pay. Li and his leadership team gave up their salaries altogether.</p><p style=\"text-align: start;\">Business-class flights were banned; everyone would fly economy, no matter how far. Daily meal expenses were capped at $30, hotels at $150 a night. Snacks disappeared from offices. Sea replaced the local luxury tea brand TWG with Lipton. In at least some restrooms, two-ply toilet paper gave way to one-ply.</p><p>“We cared about every single dollar, every single cent,” Li said at his office in Singapore, his first interview in more than two years. “You can have a big dream and a big ambition, but what if you cannot survive? You always have this kind of noise back in your mind saying we may be running out of money.”</p><p style=\"text-align: start;\">Li’s shock treatment paid off. In March, Sea reported the first quarterly profit in its 14-year history, $427 million in GAAP-sanctioned net income. Its stock soared 22%. Last week, it said it would hand out 5% raises to most staff. Sea has now more than doubled its market value since November.</p><p style=\"text-align: start;\">Like so many tech startups of its generation, Sea had bled red ink for years. In fact, it lost more than $8 billion since its founding to pay for growth in its e-commerce, games and finance operations. For now at least, Sea is setting a different kind of example: It’s demonstrating that if your underlying business is sound and substantial, you can pull back on subsidies and expansions to break even.</p><p style=\"text-align: start;\">That’s proving a challenge for rivals. Among Sea’s regional competitors, Singapore’s Grab Holdings Ltd. is still losing more than $300 million a quarter, while Indonesia’s GoTo Group’s losses exceed $250 million. Sea may also cause trouble for global tech giants like Alibaba Group Holding Ltd. and Amazon.com Inc., which are both seeking growth in emerging markets. </p><p style=\"text-align: start;\">“What you’re seeing is a separation of proper, monetizable business models from something that is a work-in-progress,” said Amit Kunal, managing partner of Growtheum Capital, a private equity firm in Singapore, speaking broadly about the tech industry. “Sea read the market much earlier, took appropriate steps — and delivered.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7c2c31dae359154a9cb42bbc91162a3b\" alt=\"Sea Went Through a Rocky Two Years | Forrest Li has navigated numerous ups and downs since 2021\" title=\"Sea Went Through a Rocky Two Years | Forrest Li has navigated numerous ups and downs since 2021\" tg-width=\"620\" tg-height=\"348\"/><span>Sea Went Through a Rocky Two Years | Forrest Li has navigated numerous ups and downs since 2021</span></p><p style=\"text-align: start;\">Li had a premonition that trouble was coming. Back in November 2021, he hosted his leadership team at his Singapore home for dinner to mark his 44th birthday. </p><p style=\"text-align: start;\">They had much to celebrate. Sea’s shares had surged to a record in October, giving the firm a valuation of more than $200 billion, aided by a pandemic-induced boom for its online gaming unit Garena and e-commerce business Shopee. At one point in 2020, Sea was the best-performing stock in the world.</p><p style=\"text-align: start;\">But even at the dinner, Li saw ominous signs. He noticed that on Free Fire, the company’s popular multi-player mobile game with 150 million daily users, people were beginning to spend less time and money as Covid restrictions eased. The celebration turned into a debate about how the world would change after the pandemic. </p><p style=\"text-align: start;\">Then in February 2022, India abruptly banned Free Fire, along with dozens of Chinese apps, amid rising tensions between the two countries. While Li is a Singapore citizen and based his company there, he’s originally from northeastern China and Tencent Holdings Ltd. is a major shareholder. It was a huge setback in a key growth market.</p><p>In March, when Li talked during a quarterly earnings call about plans to still pursue growth, investors dumped Sea shares. The firm lost more than 45% of its market value in five days. For Li, it was a wake-up call that things were worse than he’d thought. That’s when he wrote the somber memo to his team from his sickbed. </p><p style=\"text-align: start;\">Li and his senior team went into crisis mode. They began huddling every month to discuss cashflow projections, along with their regular weekly meetings. They spun through 200 different versions of financial forecasts in 2022, Li said in the interview, akin to rewriting the budget every two days.</p><p style=\"text-align: start;\">In addition to layoffs and salary freezes, Sea pulled out of Europe and most countries in Latin America.</p><p style=\"text-align: start;\">The fallout was traumatic for some. In August, a Chinese engineer posted on his WeChat account that Shopee had rescinded his job offer — just after he landed at the Singapore airport with his wife and dog. Amid a storm of negative publicity, Shopee apologized and compensated him for his losses. </p><p style=\"text-align: start;\">Employees resorted to taking money out of their own pockets to organize team events to boost morale, according to one employee, who asked not to be named as they are not authorized to speak publicly. Another described the grueling period as “cockroach times.” </p><p style=\"text-align: start;\">Li leaned on internal memos during the crisis to communicate with employees and explain what he was trying to accomplish. In an all-staff memo in September, he said top management would forgo any cash compensation until the company reached “self-sufficiency.” </p><p style=\"text-align: start;\">“We can now see that this is not a quickly passing storm,” he wrote in a 1,000-word missive at the time. “With investors fleeing for ‘safe haven’ investments, we do not anticipate being able to raise funds in the market.” </p><p style=\"text-align: start;\">At one point, Sea was proud it could offer employees the fanciest tea in Singapore, perks commensurate with the tech giants of Silicon Valley, Li said in the interview. Now he wants to break that mindset: Sea has to compete on cost with the likes of Amazon, where early employees famously forged desks out of Home Depot doors because they were cheaper.</p><p style=\"text-align: start;\">Some employees in certain offices noticed that toilet paper got thinner. Sometimes it would run out because people used more.</p><p style=\"text-align: start;\">“We’re going to continually push down the costs,” he said. “It’s not just for saving but for running the business more efficiently. This is going to be the long-term mode for us.” </p><p>After Sea cut its entertainment budget so employees could no longer spring for meals with suppliers or partners, Li encouraged staff to tell them the company couldn’t afford such things any more. Sea also called most staff in Southeast Asia back to office late last year, one of the first big internet firms to do so in the region. </p><p style=\"text-align: start;\">While Li acknowledges the road has been difficult, he said he had no doubt Sea could reach breakeven. He said the company’s path, in many ways, traces the precedents of Amazon and founder Jeff Bezos. </p><p style=\"text-align: start;\">Seattle-based Amazon consistently lost money for its first years as a public company, with Bezos maintaining that investing in growth was more important than quarterly earnings. Similarly, Sea built Shopee by burning more than a billion dollars a year before overtaking local e-commerce pioneer Tokopedia in Indonesia and Alibaba’s Lazada in Southeast Asia. </p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/03ea06a6e910e4089961ec9a711c84d3\" alt=\"Sea Shares on Recovery Path After 90% Slide from 2021 High\" title=\"Sea Shares on Recovery Path After 90% Slide from 2021 High\" tg-width=\"620\" tg-height=\"348\"/><span>Sea Shares on Recovery Path After 90% Slide from 2021 High</span></p><p style=\"text-align: start;\">Li argues that Sea has a unique opportunity to bring e-commerce to emerging markets, the kinds of places where Amazon may be at a disadvantage. Success in these countries can depend on serving customers who live on remote islands, finding a payment solution where few people have credit cards or delivering parcels where there are no proper roads or postal codes. </p><p style=\"text-align: start;\">“It’s probably hard for the Silicon Valley innovator to think about those issues specifically,” Li said. </p><p style=\"text-align: start;\">While much of Sea’s expansion is in Asian markets like Indonesia, Li also thinks the company has an advantage in Brazil, where Shopee has had success since launching in 2019. With its 214 million population and decent per-capita income, he thinks the country is Sea’s most promising growth market. </p><p style=\"text-align: start;\">“We spent a lot of money when capital was relatively cheap and available, and it’s kind of an almost 10-year effort,” Li said of Brazil. </p><p>These days, Li says he’s splitting his time between Singapore and California to stay close to the “mind-blowing” artificial intelligence revolution that’s taking place in Silicon Valley. He believes AI will play a big role in replacing much of the repetitive work for Sea’s e-commerce, gaming and fintech businesses. Gaming, in particular, is probably ahead of online shopping in terms of how people use AI to develop and play games by making it more interactive and immersive, he said.</p><p style=\"text-align: start;\">As the interview at Sea’s headquarters winds down, Li is asked whether company will be able to keep turning a profit every quarter. He cocked his head to the side and, with a laugh, said he can’t reveal too much since Sea is in a quiet period ahead of first-quarter results on May 16.</p><p style=\"text-align: start;\">But that’s not really the point, he added. The key thing is that Sea has been able to demonstrate for employees and investors that it can reach breakeven when it has to. So now, it can calibrate growth and profit depending on strategic priorities.</p><p style=\"text-align: start;\">“The numbers show that the destiny is in our own hands,” he said. “We sleep very well now.”</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>Sea’s Path to Profit Paved With Layoffs, Single-Ply Toilet Paper</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\">\nSea’s Path to Profit Paved With Layoffs, Single-Ply Toilet Paper\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-15 10:03 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-05-14/singapore-s-sea-banned-business-class-flights-and-luxury-teabags-to-cut-costs?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CEO of Singapore’s Sea says company is now ‘self-sufficient’Shift comes after ruthless cost-cutting drive in the past yearJust over a year ago, Forrest Li was laid up in bed with Covid, fretting about...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-05-14/singapore-s-sea-banned-business-class-flights-and-luxury-teabags-to-cut-costs?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://www.bloomberg.com/news/articles/2023-05-14/singapore-s-sea-banned-business-class-flights-and-luxury-teabags-to-cut-costs?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145646911","content_text":"CEO of Singapore’s Sea says company is now ‘self-sufficient’Shift comes after ruthless cost-cutting drive in the past yearJust over a year ago, Forrest Li was laid up in bed with Covid, fretting about the future of his company, Sea Ltd. So he propped himself up on a pillow to hammer out the latest in a series of memos that would change the course of his business — and perhaps the tech industry.Sea had been a stock market phenom, racing to a market capitalization of more than $200 billion despite huge losses, but the world had changed. Investors had turned against money-losing tech companies. So Sea had to change with it, Li wrote. With a burning fever and nagging cough, he told his leadership team it was time to focus on profit and exit India.That memo kicked off a sweeping overhaul of Sea over the next few months. The company laid off roughly more than 7,500 employees, or about 10% of its workforce, though Sea declined to disclose the actual numbers. It froze pay. Li and his leadership team gave up their salaries altogether.Business-class flights were banned; everyone would fly economy, no matter how far. Daily meal expenses were capped at $30, hotels at $150 a night. Snacks disappeared from offices. Sea replaced the local luxury tea brand TWG with Lipton. In at least some restrooms, two-ply toilet paper gave way to one-ply.“We cared about every single dollar, every single cent,” Li said at his office in Singapore, his first interview in more than two years. “You can have a big dream and a big ambition, but what if you cannot survive? You always have this kind of noise back in your mind saying we may be running out of money.”Li’s shock treatment paid off. In March, Sea reported the first quarterly profit in its 14-year history, $427 million in GAAP-sanctioned net income. Its stock soared 22%. Last week, it said it would hand out 5% raises to most staff. Sea has now more than doubled its market value since November.Like so many tech startups of its generation, Sea had bled red ink for years. In fact, it lost more than $8 billion since its founding to pay for growth in its e-commerce, games and finance operations. For now at least, Sea is setting a different kind of example: It’s demonstrating that if your underlying business is sound and substantial, you can pull back on subsidies and expansions to break even.That’s proving a challenge for rivals. Among Sea’s regional competitors, Singapore’s Grab Holdings Ltd. is still losing more than $300 million a quarter, while Indonesia’s GoTo Group’s losses exceed $250 million. Sea may also cause trouble for global tech giants like Alibaba Group Holding Ltd. and Amazon.com Inc., which are both seeking growth in emerging markets. “What you’re seeing is a separation of proper, monetizable business models from something that is a work-in-progress,” said Amit Kunal, managing partner of Growtheum Capital, a private equity firm in Singapore, speaking broadly about the tech industry. “Sea read the market much earlier, took appropriate steps — and delivered.”Sea Went Through a Rocky Two Years | Forrest Li has navigated numerous ups and downs since 2021Li had a premonition that trouble was coming. Back in November 2021, he hosted his leadership team at his Singapore home for dinner to mark his 44th birthday. They had much to celebrate. Sea’s shares had surged to a record in October, giving the firm a valuation of more than $200 billion, aided by a pandemic-induced boom for its online gaming unit Garena and e-commerce business Shopee. At one point in 2020, Sea was the best-performing stock in the world.But even at the dinner, Li saw ominous signs. He noticed that on Free Fire, the company’s popular multi-player mobile game with 150 million daily users, people were beginning to spend less time and money as Covid restrictions eased. The celebration turned into a debate about how the world would change after the pandemic. Then in February 2022, India abruptly banned Free Fire, along with dozens of Chinese apps, amid rising tensions between the two countries. While Li is a Singapore citizen and based his company there, he’s originally from northeastern China and Tencent Holdings Ltd. is a major shareholder. It was a huge setback in a key growth market.In March, when Li talked during a quarterly earnings call about plans to still pursue growth, investors dumped Sea shares. The firm lost more than 45% of its market value in five days. For Li, it was a wake-up call that things were worse than he’d thought. That’s when he wrote the somber memo to his team from his sickbed. Li and his senior team went into crisis mode. They began huddling every month to discuss cashflow projections, along with their regular weekly meetings. They spun through 200 different versions of financial forecasts in 2022, Li said in the interview, akin to rewriting the budget every two days.In addition to layoffs and salary freezes, Sea pulled out of Europe and most countries in Latin America.The fallout was traumatic for some. In August, a Chinese engineer posted on his WeChat account that Shopee had rescinded his job offer — just after he landed at the Singapore airport with his wife and dog. Amid a storm of negative publicity, Shopee apologized and compensated him for his losses. Employees resorted to taking money out of their own pockets to organize team events to boost morale, according to one employee, who asked not to be named as they are not authorized to speak publicly. Another described the grueling period as “cockroach times.” Li leaned on internal memos during the crisis to communicate with employees and explain what he was trying to accomplish. In an all-staff memo in September, he said top management would forgo any cash compensation until the company reached “self-sufficiency.” “We can now see that this is not a quickly passing storm,” he wrote in a 1,000-word missive at the time. “With investors fleeing for ‘safe haven’ investments, we do not anticipate being able to raise funds in the market.” At one point, Sea was proud it could offer employees the fanciest tea in Singapore, perks commensurate with the tech giants of Silicon Valley, Li said in the interview. Now he wants to break that mindset: Sea has to compete on cost with the likes of Amazon, where early employees famously forged desks out of Home Depot doors because they were cheaper.Some employees in certain offices noticed that toilet paper got thinner. Sometimes it would run out because people used more.“We’re going to continually push down the costs,” he said. “It’s not just for saving but for running the business more efficiently. This is going to be the long-term mode for us.” After Sea cut its entertainment budget so employees could no longer spring for meals with suppliers or partners, Li encouraged staff to tell them the company couldn’t afford such things any more. Sea also called most staff in Southeast Asia back to office late last year, one of the first big internet firms to do so in the region. While Li acknowledges the road has been difficult, he said he had no doubt Sea could reach breakeven. He said the company’s path, in many ways, traces the precedents of Amazon and founder Jeff Bezos. Seattle-based Amazon consistently lost money for its first years as a public company, with Bezos maintaining that investing in growth was more important than quarterly earnings. Similarly, Sea built Shopee by burning more than a billion dollars a year before overtaking local e-commerce pioneer Tokopedia in Indonesia and Alibaba’s Lazada in Southeast Asia. Sea Shares on Recovery Path After 90% Slide from 2021 HighLi argues that Sea has a unique opportunity to bring e-commerce to emerging markets, the kinds of places where Amazon may be at a disadvantage. Success in these countries can depend on serving customers who live on remote islands, finding a payment solution where few people have credit cards or delivering parcels where there are no proper roads or postal codes. “It’s probably hard for the Silicon Valley innovator to think about those issues specifically,” Li said. While much of Sea’s expansion is in Asian markets like Indonesia, Li also thinks the company has an advantage in Brazil, where Shopee has had success since launching in 2019. With its 214 million population and decent per-capita income, he thinks the country is Sea’s most promising growth market. “We spent a lot of money when capital was relatively cheap and available, and it’s kind of an almost 10-year effort,” Li said of Brazil. These days, Li says he’s splitting his time between Singapore and California to stay close to the “mind-blowing” artificial intelligence revolution that’s taking place in Silicon Valley. He believes AI will play a big role in replacing much of the repetitive work for Sea’s e-commerce, gaming and fintech businesses. Gaming, in particular, is probably ahead of online shopping in terms of how people use AI to develop and play games by making it more interactive and immersive, he said.As the interview at Sea’s headquarters winds down, Li is asked whether company will be able to keep turning a profit every quarter. He cocked his head to the side and, with a laugh, said he can’t reveal too much since Sea is in a quiet period ahead of first-quarter results on May 16.But that’s not really the point, he added. The key thing is that Sea has been able to demonstrate for employees and investors that it can reach breakeven when it has to. So now, it can calibrate growth and profit depending on strategic priorities.“The numbers show that the destiny is in our own hands,” he said. “We sleep very well now.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9946621846,"gmtCreate":1680948276285,"gmtModify":1680948279949,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"Yes! 💪","listText":"Yes! 💪","text":"Yes! 💪","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9946621846","repostId":"2325259359","repostType":2,"repost":{"id":"2325259359","pubTimestamp":1680998829,"share":"https://ttm.financial/m/news/2325259359?lang=&edition=fundamental","pubTime":"2023-04-09 08:07","market":"us","language":"en","title":"A Bull Market Is Coming: 3 Reasons to Buy Tesla Stock Before It Skyrockets","url":"https://stock-news.laohu8.com/highlight/detail?id=2325259359","media":"Motley Fool","summary":"The rally has already started. But there is still some electricity left to spark more gains.","content":"<html><head></head><body><p>The 2022 bear market has created a great opportunity for investors to scoop up top stocks at a discount, and <strong>Tesla</strong> is not an exception. While shares in the legendary electric automaker have risen substantially in 2023, they are still down 49% over the last 12 months. Let's explore why the bull run might just be getting started.</p><h2>What went wrong for Tesla?</h2><p>While no single factor can explain Tesla's substantial decline last year, some things stand out. For starters, many investors were unnerved by Elon Musk, whose acquisition of social media company <strong>Twitter</strong> led him to unload Tesla shares and possibly get distracted from his role as its CEO. Market participants also began to fear that rising competition in the EV industry would crush Tesla's growth and margins.</p><p>The good news is that both of these concerns look overblown. Five months into Musk's Twitter acquisition, Tesla has shown no signs of losing its strategic vision. No longer a fragile growth company, it is also less dependent on the guidance of a single individual and has had plenty of time to build a talented management structure aside from Musk. The company also isn't letting competition hold it back. </p><h2>Flexing scale and pricing power </h2><p>While competition is heating up in the EV industry (leading Tesla to slash its car prices by around 20% globally), this is an opportunity for the automaker to lean into its natural advantages in scale and high margins to outcompete its rivals. So far, so good. First-quarter deliveries surged 36% year over year to 422,875 cars, which is ahead of expectations. And while some analysts expect the lower prices to hurt margins, this is a small price to pay to capture market share and possibly drive unprofitable rivals out of the industry. </p><p>Further, Tesla believes it can reduce production costs on its next-generation vehicles by half, which would help offset the price cuts over the long term and help the company maintain its profitability. </p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/73852f3db76edf7785523fab67365c08\" title=\"\" tg-width=\"700\" tg-height=\"393\"/></p><p>Image source: Getty Images.</p><p>Tesla is already very profitable compared to its pure-play EV rivals. In 2022, the company generated an operating profit of $13.7 billion (a margin of 17%), while rivals <strong>Rivian</strong> and <strong>Lucid</strong> generated operating losses of $6.9 billion and $2.6 billion in the same period.</p><p>It's hard to see how these companies can keep up with Tesla's pricing power because they lack its economies of scale and manufacturing innovations. Musk warns that both rivals are "tracking toward bankruptcy" unless they make dramatic efforts to cut costs.</p><h2>No more crazy overvaluation </h2><p>Tesla stock has come a long way from its overvalued past in 2020 and 2021 when it boasted a price-to-earnings (P/E) ratio as high as 1,120 and a market capitalization larger than the next five biggest car companies combined. And while the company's current forward P/E of 50 is double the <strong>Nasdaq-100</strong> index's average of 26, the premium looks justified by its healthy growth rate and sustainable competitive advantages.</p><p>Investors still have a chance to buy the dip on shares of this electric vehicle leader.</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>A Bull Market Is Coming: 3 Reasons to Buy Tesla Stock Before It Skyrockets</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\">\nA Bull Market Is Coming: 3 Reasons to Buy Tesla Stock Before It Skyrockets\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-09 08:07 GMT+8 <a href=https://www.fool.com/investing/2023/04/07/bull-market-is-coming-3-reasons-to-buy-tesla-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The 2022 bear market has created a great opportunity for investors to scoop up top stocks at a discount, and Tesla is not an exception. While shares in the legendary electric automaker have risen ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/04/07/bull-market-is-coming-3-reasons-to-buy-tesla-stock/\">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.fool.com/investing/2023/04/07/bull-market-is-coming-3-reasons-to-buy-tesla-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2325259359","content_text":"The 2022 bear market has created a great opportunity for investors to scoop up top stocks at a discount, and Tesla is not an exception. While shares in the legendary electric automaker have risen substantially in 2023, they are still down 49% over the last 12 months. Let's explore why the bull run might just be getting started.What went wrong for Tesla?While no single factor can explain Tesla's substantial decline last year, some things stand out. For starters, many investors were unnerved by Elon Musk, whose acquisition of social media company Twitter led him to unload Tesla shares and possibly get distracted from his role as its CEO. Market participants also began to fear that rising competition in the EV industry would crush Tesla's growth and margins.The good news is that both of these concerns look overblown. Five months into Musk's Twitter acquisition, Tesla has shown no signs of losing its strategic vision. No longer a fragile growth company, it is also less dependent on the guidance of a single individual and has had plenty of time to build a talented management structure aside from Musk. The company also isn't letting competition hold it back. Flexing scale and pricing power While competition is heating up in the EV industry (leading Tesla to slash its car prices by around 20% globally), this is an opportunity for the automaker to lean into its natural advantages in scale and high margins to outcompete its rivals. So far, so good. First-quarter deliveries surged 36% year over year to 422,875 cars, which is ahead of expectations. And while some analysts expect the lower prices to hurt margins, this is a small price to pay to capture market share and possibly drive unprofitable rivals out of the industry. Further, Tesla believes it can reduce production costs on its next-generation vehicles by half, which would help offset the price cuts over the long term and help the company maintain its profitability. Image source: Getty Images.Tesla is already very profitable compared to its pure-play EV rivals. In 2022, the company generated an operating profit of $13.7 billion (a margin of 17%), while rivals Rivian and Lucid generated operating losses of $6.9 billion and $2.6 billion in the same period.It's hard to see how these companies can keep up with Tesla's pricing power because they lack its economies of scale and manufacturing innovations. Musk warns that both rivals are \"tracking toward bankruptcy\" unless they make dramatic efforts to cut costs.No more crazy overvaluation Tesla stock has come a long way from its overvalued past in 2020 and 2021 when it boasted a price-to-earnings (P/E) ratio as high as 1,120 and a market capitalization larger than the next five biggest car companies combined. And while the company's current forward P/E of 50 is double the Nasdaq-100 index's average of 26, the premium looks justified by its healthy growth rate and sustainable competitive advantages.Investors still have a chance to buy the dip on shares of this electric vehicle leader.","news_type":1},"isVote":1,"tweetType":1,"viewCount":629,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941228916,"gmtCreate":1680300967635,"gmtModify":1680300971264,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"Great opportunities in a decade !","listText":"Great opportunities in a decade !","text":"Great opportunities in a decade !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941228916","repostId":"2323795936","repostType":2,"repost":{"id":"2323795936","pubTimestamp":1680276181,"share":"https://ttm.financial/m/news/2323795936?lang=&edition=fundamental","pubTime":"2023-03-31 23:23","market":"us","language":"en","title":"A Bull Market Is Coming: Here's Warren Buffett's Investing Advice","url":"https://stock-news.laohu8.com/highlight/detail?id=2323795936","media":"Motley Fool","summary":"Your strategy can make or break your portfolio right now.","content":"<html><head></head><body><p>The past year has been rough for most people, and it's easy to feel pessimistic about the future. A whopping 83% of U.S. adults say they're feeling stressed about inflation, according to a 2022 survey from the American Psychological Association. And with many people worried about an impending recession, it's possible things could get worse before they get better.</p><p>However, there is a light at the end of the tunnel. A bull market is on the way, and legendary investor Warren Buffett can offer some smart advice about how to handle your investments right now.</p><h2>1. Don't get hung up on short-term market movements</h2><p>When the market is rocky, it's easy to focus on all the short-term ups and downs. But what really matters is the long-term performance.</p><p>Timing the market effectively is next to impossible, so nobody can say for certain when this bear market will end and the next bull market will begin. But we do know that no downturn lasts forever, so it's only a matter of time before the market rebounds.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/45dff17d25ce3b607f4e3341c07e5654\" tg-width=\"720\" tg-height=\"410\"/></p><p>^SPX data by YCharts.</p><p>In 2008, at the height of the Great Recession, Warren Buffett wrote an opinion piece for <em>The New York Times</em>. He wrote:</p><blockquote>I can't predict the short-term movements of the stock market. I haven't the faintest idea as to whether stocks will be higher or lower a month or a year from now. What is likely, however, is that the market will move higher, perhaps substantially so, well before either sentiment or the economy turns up. So if you wait for the robins, spring will be over.</blockquote><p>It's not easy watching your portfolio drop in value. But in times like these, it's more important than ever to keep a long-term outlook. The market will recover eventually, and the best thing you can do right now is ride out the storm.</p><h2>2. Keep investing during the slumps</h2><p>Stock market downturns may not seem like the best time to invest, but they can actually be a fantastic buying opportunity. When the market is in a slump, stock prices are lower -- sometimes substantially so.</p><p>Many stocks have watched their prices drop by 50% or more over the past year, which means now is your chance to load up on quality investments at a steep discount. Then when the market recovers, you could see lucrative earnings.</p><p>This strategy is one of the most effective ways to build wealth in the stock market and is also a Buffett-approved approach. As he wrote in the <em>Times</em> article.</p><blockquote>A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful. To be sure, investors are right to be wary of highly leveraged entities or businesses in weak competitive positions. But fears regarding the long-term prosperity of the nation's many sound companies make no sense. These businesses will indeed suffer earnings hiccups, as they always have. But most major companies will be setting new profit records 5, 10 and 20 years from now.</blockquote><h2>3. Focus on quality companies</h2><p>Keeping a long-term outlook and investing during the market's low points are two important steps to building wealth, but the third part of the equation is arguably the most important: Invest in the right stocks.</p><p>The investments you choose will make or break your portfolio. Shaky stocks will have a tougher time recovering from market downturns, and there's a greater risk you'll lose money. But strong stocks from healthy companies are far more likely to rebound.</p><p>In <strong>Berkshire Hathaway</strong>'s 2021 letter to shareholders, Buffett emphasized that he and business partner Charlie Munger focus heavily on investing in quality companies. "[W]e own stocks based upon our expectations about their long-term <em>business</em> performance and <em>not</em> because we view them as vehicles for timely market moves," he writes. "That point is crucial: Charlie and I are <em>not</em> stock-pickers; we are business-pickers."</p><p>Right now is not an easy time to be an investor, but that doesn't mean it's a bad time to invest. By choosing quality investments, continuing to invest during the market's slumps, and holding those stocks for the long term, you can not only survive this downturn but generate wealth that lasts a lifetime.</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>A Bull Market Is Coming: Here's Warren Buffett's Investing Advice</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\">\nA Bull Market Is Coming: Here's Warren Buffett's Investing Advice\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-31 23:23 GMT+8 <a href=https://www.fool.com/investing/2023/03/30/bull-market-coming-warren-buffett-investing-advice/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The past year has been rough for most people, and it's easy to feel pessimistic about the future. A whopping 83% of U.S. adults say they're feeling stressed about inflation, according to a 2022 survey...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/30/bull-market-coming-warren-buffett-investing-advice/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"https://www.fool.com/investing/2023/03/30/bull-market-coming-warren-buffett-investing-advice/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2323795936","content_text":"The past year has been rough for most people, and it's easy to feel pessimistic about the future. A whopping 83% of U.S. adults say they're feeling stressed about inflation, according to a 2022 survey from the American Psychological Association. And with many people worried about an impending recession, it's possible things could get worse before they get better.However, there is a light at the end of the tunnel. A bull market is on the way, and legendary investor Warren Buffett can offer some smart advice about how to handle your investments right now.1. Don't get hung up on short-term market movementsWhen the market is rocky, it's easy to focus on all the short-term ups and downs. But what really matters is the long-term performance.Timing the market effectively is next to impossible, so nobody can say for certain when this bear market will end and the next bull market will begin. But we do know that no downturn lasts forever, so it's only a matter of time before the market rebounds.^SPX data by YCharts.In 2008, at the height of the Great Recession, Warren Buffett wrote an opinion piece for The New York Times. He wrote:I can't predict the short-term movements of the stock market. I haven't the faintest idea as to whether stocks will be higher or lower a month or a year from now. What is likely, however, is that the market will move higher, perhaps substantially so, well before either sentiment or the economy turns up. So if you wait for the robins, spring will be over.It's not easy watching your portfolio drop in value. But in times like these, it's more important than ever to keep a long-term outlook. The market will recover eventually, and the best thing you can do right now is ride out the storm.2. Keep investing during the slumpsStock market downturns may not seem like the best time to invest, but they can actually be a fantastic buying opportunity. When the market is in a slump, stock prices are lower -- sometimes substantially so.Many stocks have watched their prices drop by 50% or more over the past year, which means now is your chance to load up on quality investments at a steep discount. Then when the market recovers, you could see lucrative earnings.This strategy is one of the most effective ways to build wealth in the stock market and is also a Buffett-approved approach. As he wrote in the Times article.A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful. To be sure, investors are right to be wary of highly leveraged entities or businesses in weak competitive positions. But fears regarding the long-term prosperity of the nation's many sound companies make no sense. These businesses will indeed suffer earnings hiccups, as they always have. But most major companies will be setting new profit records 5, 10 and 20 years from now.3. Focus on quality companiesKeeping a long-term outlook and investing during the market's low points are two important steps to building wealth, but the third part of the equation is arguably the most important: Invest in the right stocks.The investments you choose will make or break your portfolio. Shaky stocks will have a tougher time recovering from market downturns, and there's a greater risk you'll lose money. But strong stocks from healthy companies are far more likely to rebound.In Berkshire Hathaway's 2021 letter to shareholders, Buffett emphasized that he and business partner Charlie Munger focus heavily on investing in quality companies. \"[W]e own stocks based upon our expectations about their long-term business performance and not because we view them as vehicles for timely market moves,\" he writes. \"That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.\"Right now is not an easy time to be an investor, but that doesn't mean it's a bad time to invest. By choosing quality investments, continuing to invest during the market's slumps, and holding those stocks for the long term, you can not only survive this downturn but generate wealth that lasts a lifetime.","news_type":1},"isVote":1,"tweetType":1,"viewCount":431,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941612591,"gmtCreate":1680188216914,"gmtModify":1680188221291,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"Target $280 👍 it's great value n growth ","listText":"Target $280 👍 it's great value n growth ","text":"Target $280 👍 it's great value n growth","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9941612591","isVote":1,"tweetType":1,"viewCount":594,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943136341,"gmtCreate":1679264975084,"gmtModify":1679264978529,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943136341","repostId":"2320959642","repostType":2,"repost":{"id":"2320959642","pubTimestamp":1679190744,"share":"https://ttm.financial/m/news/2320959642?lang=&edition=fundamental","pubTime":"2023-03-19 09:52","market":"us","language":"en","title":"Fed to Consider a Pause as Fallout From SVB Roils Markets","url":"https://stock-news.laohu8.com/highlight/detail?id=2320959642","media":"Bloomberg","summary":"UK, Switzerland, Norway, Nigeria, Philippines may hikeBrazil and Turkey will probably hold rates thi","content":"<html><head></head><body><ul><li>UK, Switzerland, Norway, Nigeria, Philippines may hike</li><li>Brazil and Turkey will probably hold rates this week</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9ce3ee6825cfe7c9048ec5d9569ab627\" tg-width=\"1000\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/><span>Jerome Powell, chairman of the US Federal Reserve.Source: Bloomberg</span></p><p>Federal Reserve officials face their biggest challenge in months as they weigh whether to keep raising interest rates this week to cool inflation, or take a pause amid the market turmoil fueled by recent bank failures.</p><p>Before the collapse of Silicon Valley Bank and the resulting fallout, Fed policy makers were poised to raise rates by as much as 50 basis points after a string of data suggested the economy was much stronger than officials thought at the beginning of the year.</p><p>Now, given the financial market volatility, many Fed watchers expect a smaller, quarter-point increase, and some say the US central bank will pause altogether after a two-day meeting that starts on Tuesday.</p><p>The decision follows a 50-basis-point rate hike from the European Central Bank on Thursday. President Christine Lagarde said the ECB remains committed to fighting inflation, while monitoring bank tensions closely.</p><p><img src=\"https://static.tigerbbs.com/ada28712e5122d8a9078a50d9eb73410\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/></p><p>Also highly anticipated from the Fed meeting with be an update to the Summary of Economic Projections — a quarterly report laying out participants’ forecasts for everything from inflation to interest rates — and Chair Jerome Powell’s post-meeting press conference.</p><p>Amid the banking sector turmoil, Powell will likely face questions around the central bank’s supervision of SVB and other struggling entities.</p><p>He’ll also need to tread carefully when talking about the likely future path of interest rates. Before the banking issues emerged, Fed officials had indicated that rates would need to move above 5% this year and remain there until inflation was on pace to fall back to their 2% target.</p><p>Yet heightened uncertainty over to what extent bank capitalization issues — exacerbated by the Fed’s rapid interest rate increases and the impact on Treasury yields — will impact the broader economy may limit Powell’s ability to tighten much more going forward.</p><blockquote><b>What Bloomberg Economics Says...</b></blockquote><blockquote>“The FOMC faces its most challenging policy decision in recent memory on March 22. Market expectations have shifted sharply — from a 50-basis-point hike to a pause — as fears of bank contagion displace inflation concerns. We expect the Fed to hike 25 basis points, taking the upper bound from 4.75% to 5%. Reaccelerating inflation maintains pressure to keep hiking.”</blockquote><blockquote>— Anna Wong, chief US economist. For full analysis</blockquote><p>Elsewhere, 12 other central banks set policy in the coming week. Economists predict rate hikes in the UK, Switzerland, Norway, Nigeria and the Philippines, while Brazil and Turkey will probably hold. Meanwhile, traders betting on the Bank of Canada’s rate path will get a fresh inflation reading.</p><p><img src=\"https://static.tigerbbs.com/79cc947dfbf75d14dfbb8d227ff61642\" tg-width=\"961\" tg-height=\"620\" referrerpolicy=\"no-referrer\"/></p><h2>Asia</h2><p>On Monday, the People’s Bank of China will likely report that banks left their loan prime rates unchanged as the economy gradually recovers.</p><p>In Tokyo, a summary of opinions from the Bank of Japan’s meeting earlier this month will shed more light on the rationale for keeping monetary policy steady ahead of Kazuo Ueda’s arrival at the helm in April.</p><p>Reserve Bank of Australia official Chris Kent on Monday may offer an up-to-date take on the policy stance and any concerns over financial market contagion. Those remarks will likely prove more timely than minutes due Tuesday from the RBA’s March meeting.</p><p><img src=\"https://static.tigerbbs.com/8fae5e782108c30c09e42d5192614e25\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/></p><p>Early trade numbers from South Korea will offer a pulse check on global conditions.</p><p>Japan’s inflation figures on Friday are set to mirror earlier data that pointed to a cooling of prices, helped largely by newly subsidized electricity bills.</p><p>Hong Kong and Taiwan central banks will announce their interest rates on Thursday.</p><h2>Europe, Middle East, Africa</h2><p>The Fed may be the dominant central-bank decision this week, but several others will also draw investors’ attention.</p><p>The Bank of England takes center stage in Europe. Officials await the latest UK inflation reading on Wednesday, possibly showing price growth is still close to double digits. Most economists predict rates will be raised by a quarter-point the next day, though with financial tensions still simmering, a minority sees no change.</p><p><img src=\"https://static.tigerbbs.com/b127e6c21b263dfe8d35439c08f586ff\" tg-width=\"963\" tg-height=\"545\" referrerpolicy=\"no-referrer\"/></p><p>Here’s a quick rundown of the other decisions due:</p><ul><li>The Swiss National Bank meeting on Thursday is a quarterly one and there’s catch-up to do, so a hike of as much as 50 basis points is widely anticipated. Overshadowing the outcome is Credit Suisse Group AG, the stricken bank offered a lifeline to help contain global turmoil.</li><li>The same day in Norway, where officials are forecast to raise rates by another quarter point to extend the monetary tightening cycle in the oil-rich economy.</li><li>An Icelandic decision is due on Wednesday, with another big rate hike possible.</li></ul><p><img src=\"https://static.tigerbbs.com/31fb0b6e2340d3e360b087ec08e80c67\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/></p><p>Looking south, central banks will be very active too. Here’s a quick summary:</p><ul><li>Nigeria may raise rates on Tuesday to contain inflation that’s near an 18-year high, and to encourage investment.</li><li>In Angola the same day, officials may cut benchmark borrowing costs for a second time this year as the kwanza remains stable, commodity prices are seen moderating, and a downward swing in price growth looks likely to continue.</li><li>In Morocco that day, the central bank will most likely pause monetary tightening as food prices start to ease.</li><li>And in Turkey on Thursday, officials are expected to hold rates steady. Any signs of future policy will be key as the country heads toward elections in May, where President Recep Tayyip Erdogan faces the strongest challenge yet to his two decades in power.</li></ul><p>After the ECB’s meeting on Thursday, which ended with a half-pint hike but no future guidance, more than a dozen of its policy makers will speak in the coming days. President Lagarde is likely to draw the most attention with testimony to the European Parliament on Monday.</p><p>Further clues on the backdrop for the banking system may be available when her ECB colleague Andrea Enria, the euro region’s top regulator, talks to the same panel of lawmakers the following day.</p><p>Lagarde is also among officials who’ll take the stage at the ECB and Its Watchers conference in Frankfurt on Wednesday, and several others are scheduled to make appearances elsewhere during the week.</p><p>Meanwhile, purchasing managers’ indexes in the euro zone and UK will give an indication of the strength of industry as China reopens, and the German Council of Economic Experts will publish an updated growth outlook.</p><h2>Latin America</h2><p>A busy week in Brazil begins with the central bank’s survey of market expectations on inflation, which continue to edge further above target through 2025.</p><p>Banco Central do Brasil is all but certain to hold its key rate at 13.75% for a fifth straight meeting, though policy makers may strike a dovish tone in the post-decision statement.</p><p><img src=\"https://static.tigerbbs.com/bb439ff09b87c93bdf371ccf16b18b47\" tg-width=\"934\" tg-height=\"950\" referrerpolicy=\"no-referrer\"/></p><p>After minimal disinflation over the past three mid-month consumer price readings, analysts see steeper deceleration for the mid-February print and into the second quarter due to base-effects, before a second-half uptick.</p><p>Chile’s fourth-quarter output report may show that the Andean country narrowly avoided falling into a technical recession, due in part to untapped household liquidity and the impact of China’s reopening.</p><p>In Argentina, four straight negative readings on its monthly economic activity indicator point to a quarterly contraction in output heading into a challenging 2023.</p><p><img src=\"https://static.tigerbbs.com/7f39a7f6e29e3952614e9b3a783a419d\" tg-width=\"955\" tg-height=\"578\" referrerpolicy=\"no-referrer\"/></p><p>In Mexico, the weakness seen in retail sales since May likely extended into January, while slumping demand from the US, the country’s biggest export market, can be expected to weigh on January GDP-proxy data.</p><p>The early consensus has mid-month inflation coming in near a one-year low — though still more than twice the 3% target — while the somewhat more sticky core reading extends a drop from November’s two-decade high of 8.66%, in line with Banxico forecasts.</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 Consider a Pause as Fallout From SVB Roils 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; 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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 Consider a Pause as Fallout From SVB Roils Markets\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-19 09:52 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-03-18/federal-reserve-interest-rates-latest-fed-pause-likely-on-svb-fallout?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>UK, Switzerland, Norway, Nigeria, Philippines may hikeBrazil and Turkey will probably hold rates this weekJerome Powell, chairman of the US Federal Reserve.Source: BloombergFederal Reserve officials ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-18/federal-reserve-interest-rates-latest-fed-pause-likely-on-svb-fallout?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-18/federal-reserve-interest-rates-latest-fed-pause-likely-on-svb-fallout?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2320959642","content_text":"UK, Switzerland, Norway, Nigeria, Philippines may hikeBrazil and Turkey will probably hold rates this weekJerome Powell, chairman of the US Federal Reserve.Source: BloombergFederal Reserve officials face their biggest challenge in months as they weigh whether to keep raising interest rates this week to cool inflation, or take a pause amid the market turmoil fueled by recent bank failures.Before the collapse of Silicon Valley Bank and the resulting fallout, Fed policy makers were poised to raise rates by as much as 50 basis points after a string of data suggested the economy was much stronger than officials thought at the beginning of the year.Now, given the financial market volatility, many Fed watchers expect a smaller, quarter-point increase, and some say the US central bank will pause altogether after a two-day meeting that starts on Tuesday.The decision follows a 50-basis-point rate hike from the European Central Bank on Thursday. President Christine Lagarde said the ECB remains committed to fighting inflation, while monitoring bank tensions closely.Also highly anticipated from the Fed meeting with be an update to the Summary of Economic Projections — a quarterly report laying out participants’ forecasts for everything from inflation to interest rates — and Chair Jerome Powell’s post-meeting press conference.Amid the banking sector turmoil, Powell will likely face questions around the central bank’s supervision of SVB and other struggling entities.He’ll also need to tread carefully when talking about the likely future path of interest rates. Before the banking issues emerged, Fed officials had indicated that rates would need to move above 5% this year and remain there until inflation was on pace to fall back to their 2% target.Yet heightened uncertainty over to what extent bank capitalization issues — exacerbated by the Fed’s rapid interest rate increases and the impact on Treasury yields — will impact the broader economy may limit Powell’s ability to tighten much more going forward.What Bloomberg Economics Says...“The FOMC faces its most challenging policy decision in recent memory on March 22. Market expectations have shifted sharply — from a 50-basis-point hike to a pause — as fears of bank contagion displace inflation concerns. We expect the Fed to hike 25 basis points, taking the upper bound from 4.75% to 5%. Reaccelerating inflation maintains pressure to keep hiking.”— Anna Wong, chief US economist. For full analysisElsewhere, 12 other central banks set policy in the coming week. Economists predict rate hikes in the UK, Switzerland, Norway, Nigeria and the Philippines, while Brazil and Turkey will probably hold. Meanwhile, traders betting on the Bank of Canada’s rate path will get a fresh inflation reading.AsiaOn Monday, the People’s Bank of China will likely report that banks left their loan prime rates unchanged as the economy gradually recovers.In Tokyo, a summary of opinions from the Bank of Japan’s meeting earlier this month will shed more light on the rationale for keeping monetary policy steady ahead of Kazuo Ueda’s arrival at the helm in April.Reserve Bank of Australia official Chris Kent on Monday may offer an up-to-date take on the policy stance and any concerns over financial market contagion. Those remarks will likely prove more timely than minutes due Tuesday from the RBA’s March meeting.Early trade numbers from South Korea will offer a pulse check on global conditions.Japan’s inflation figures on Friday are set to mirror earlier data that pointed to a cooling of prices, helped largely by newly subsidized electricity bills.Hong Kong and Taiwan central banks will announce their interest rates on Thursday.Europe, Middle East, AfricaThe Fed may be the dominant central-bank decision this week, but several others will also draw investors’ attention.The Bank of England takes center stage in Europe. Officials await the latest UK inflation reading on Wednesday, possibly showing price growth is still close to double digits. Most economists predict rates will be raised by a quarter-point the next day, though with financial tensions still simmering, a minority sees no change.Here’s a quick rundown of the other decisions due:The Swiss National Bank meeting on Thursday is a quarterly one and there’s catch-up to do, so a hike of as much as 50 basis points is widely anticipated. Overshadowing the outcome is Credit Suisse Group AG, the stricken bank offered a lifeline to help contain global turmoil.The same day in Norway, where officials are forecast to raise rates by another quarter point to extend the monetary tightening cycle in the oil-rich economy.An Icelandic decision is due on Wednesday, with another big rate hike possible.Looking south, central banks will be very active too. Here’s a quick summary:Nigeria may raise rates on Tuesday to contain inflation that’s near an 18-year high, and to encourage investment.In Angola the same day, officials may cut benchmark borrowing costs for a second time this year as the kwanza remains stable, commodity prices are seen moderating, and a downward swing in price growth looks likely to continue.In Morocco that day, the central bank will most likely pause monetary tightening as food prices start to ease.And in Turkey on Thursday, officials are expected to hold rates steady. Any signs of future policy will be key as the country heads toward elections in May, where President Recep Tayyip Erdogan faces the strongest challenge yet to his two decades in power.After the ECB’s meeting on Thursday, which ended with a half-pint hike but no future guidance, more than a dozen of its policy makers will speak in the coming days. President Lagarde is likely to draw the most attention with testimony to the European Parliament on Monday.Further clues on the backdrop for the banking system may be available when her ECB colleague Andrea Enria, the euro region’s top regulator, talks to the same panel of lawmakers the following day.Lagarde is also among officials who’ll take the stage at the ECB and Its Watchers conference in Frankfurt on Wednesday, and several others are scheduled to make appearances elsewhere during the week.Meanwhile, purchasing managers’ indexes in the euro zone and UK will give an indication of the strength of industry as China reopens, and the German Council of Economic Experts will publish an updated growth outlook.Latin AmericaA busy week in Brazil begins with the central bank’s survey of market expectations on inflation, which continue to edge further above target through 2025.Banco Central do Brasil is all but certain to hold its key rate at 13.75% for a fifth straight meeting, though policy makers may strike a dovish tone in the post-decision statement.After minimal disinflation over the past three mid-month consumer price readings, analysts see steeper deceleration for the mid-February print and into the second quarter due to base-effects, before a second-half uptick.Chile’s fourth-quarter output report may show that the Andean country narrowly avoided falling into a technical recession, due in part to untapped household liquidity and the impact of China’s reopening.In Argentina, four straight negative readings on its monthly economic activity indicator point to a quarterly contraction in output heading into a challenging 2023.In Mexico, the weakness seen in retail sales since May likely extended into January, while slumping demand from the US, the country’s biggest export market, can be expected to weigh on January GDP-proxy data.The early consensus has mid-month inflation coming in near a one-year low — though still more than twice the 3% target — while the somewhat more sticky core reading extends a drop from November’s two-decade high of 8.66%, in line with Banxico forecasts.","news_type":1},"isVote":1,"tweetType":1,"viewCount":541,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949843277,"gmtCreate":1678522518999,"gmtModify":1678522523000,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"Go for options in <a href=\"https://ttm.financial/S/XLE\">$Energy Select Sector SPDR Fund(XLE)$ </a>","listText":"Go for options in <a href=\"https://ttm.financial/S/XLE\">$Energy Select Sector SPDR Fund(XLE)$ </a>","text":"Go for options in $Energy Select Sector SPDR Fund(XLE)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949843277","repostId":"2317441881","repostType":2,"repost":{"id":"2317441881","pubTimestamp":1678232145,"share":"https://ttm.financial/m/news/2317441881?lang=&edition=fundamental","pubTime":"2023-03-08 07:35","market":"us","language":"en","title":"Hawkish Fed talk, disappointing Chinese imports weigh on crude oil","url":"https://stock-news.laohu8.com/highlight/detail?id=2317441881","media":"seekingalpha","summary":"Oil and gas equities fell alongside crude oil futures Tuesday following weaker than expected Chinese","content":"<html><body> <p>Oil and gas equities fell alongside crude oil futures Tuesday following weaker than expected Chinese import data and hawkish testimony from Federal Reserve Chairman Jerome Powell that raised the potential for further interest rate hikes.</p> <p>Front-month Nymex crude (CL1:COM) for April delivery closed <span>-3.6%</span> to $77.58/bbl and May Brent crude (CO1:COM) settled <span>-3.3%</span> to $83.29/bbl, the largest drop in two months for both benchmarks.</p> <p>ETFs: (XLE), (<span>NYSEARCA:USO</span>), (<span>NYSEARCA:BNO</span>), (UCO), (SCO), (DBL), (USL), (DRIP), (GUSH), (USOI), (NRGU)</p> <p>\"If the Fed decides that we're going to strangle inflation until it cries uncle, and by so doing jack up interest rates to the point where there is pain across the economy, that's not good for GDP,\" CFRA Research's Stewart Glickman said, adding oil demand is correlated with GDP, \"so that would be bad for oil prices.\"</p> <p>Meanwhile, China's imports fell 10.2% during the first two months of the year, compared with a 7.5% drop in December and a consensus 5.1% decline expected by economists.</p> <p>The data also showed China's oil imports fell 1.3% Y/Y to the equivalent of 10.44M bbl/day in January and February, while fuel exports rose 74% and imports climbed only 14%.</p> <p>Tuesday's decline was crude oil's first after five straight gains, rising ~4% last week.</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>Hawkish Fed talk, disappointing Chinese imports weigh on crude oil</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\">\nHawkish Fed talk, disappointing Chinese imports weigh on crude oil\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-08 07:35 GMT+8 <a href=https://seekingalpha.com/news/3945144-hawkish-fed-talk-disappointing-chinese-imports-weigh-on-crude-oil><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Oil and gas equities fell alongside crude oil futures Tuesday following weaker than expected Chinese import data and hawkish testimony from Federal Reserve Chairman Jerome Powell that raised the ...</p>\n\n<a href=\"https://seekingalpha.com/news/3945144-hawkish-fed-talk-disappointing-chinese-imports-weigh-on-crude-oil\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1213764535/image_1213764535.jpg","relate_stocks":{"BK4563":"昨日强势股","BK4585":"ETF&股票定投概念","USOI":"X-Links Crude Oil Shares Covered Call ETN","GUSH":"Direxion Daily S&P Oil &Gas Exp. & Prod. Bull 2X Shares","BK4588":"碎股","DRIP":"Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares","XLE":"SPDR能源指数ETF","DBL":"Doubleline Opportunistic Credit","USL":"United States 12 Month Oil Fund LP","SCO":"二倍做空彭博原油指数ETF","BK4570":"地缘局势概念股","UCO":"二倍做多彭博原油ETF","NRGU":"MicroSectors U.S. Big Oil Index 3x Leveraged ETN"},"source_url":"https://seekingalpha.com/news/3945144-hawkish-fed-talk-disappointing-chinese-imports-weigh-on-crude-oil","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2317441881","content_text":"Oil and gas equities fell alongside crude oil futures Tuesday following weaker than expected Chinese import data and hawkish testimony from Federal Reserve Chairman Jerome Powell that raised the potential for further interest rate hikes. Front-month Nymex crude (CL1:COM) for April delivery closed -3.6% to $77.58/bbl and May Brent crude (CO1:COM) settled -3.3% to $83.29/bbl, the largest drop in two months for both benchmarks. ETFs: (XLE), (NYSEARCA:USO), (NYSEARCA:BNO), (UCO), (SCO), (DBL), (USL), (DRIP), (GUSH), (USOI), (NRGU) \"If the Fed decides that we're going to strangle inflation until it cries uncle, and by so doing jack up interest rates to the point where there is pain across the economy, that's not good for GDP,\" CFRA Research's Stewart Glickman said, adding oil demand is correlated with GDP, \"so that would be bad for oil prices.\" Meanwhile, China's imports fell 10.2% during the first two months of the year, compared with a 7.5% drop in December and a consensus 5.1% decline expected by economists. The data also showed China's oil imports fell 1.3% Y/Y to the equivalent of 10.44M bbl/day in January and February, while fuel exports rose 74% and imports climbed only 14%. Tuesday's decline was crude oil's first after five straight gains, rising ~4% last week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":520,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949814424,"gmtCreate":1678481879969,"gmtModify":1678481882235,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SQQQ\">$Nasdaq100 Bear 3X ETF(SQQQ)$ </a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/SQQQ\">$Nasdaq100 Bear 3X ETF(SQQQ)$ </a><v-v data-views=\"1\"></v-v>","text":"$Nasdaq100 Bear 3X ETF(SQQQ)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949814424","isVote":1,"tweetType":1,"viewCount":524,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949815877,"gmtCreate":1678479632400,"gmtModify":1678479636322,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949815877","repostId":"2318992962","repostType":2,"repost":{"id":"2318992962","pubTimestamp":1678455864,"share":"https://ttm.financial/m/news/2318992962?lang=&edition=fundamental","pubTime":"2023-03-10 21:44","market":"us","language":"en","title":"2 Reasons to Buy Amazon Stock Before It's Too Late","url":"https://stock-news.laohu8.com/highlight/detail?id=2318992962","media":"Motley Fool","summary":"Stocks may be on the cusp of a recovery. Make sure you don't miss out.","content":"<html><head></head><body><p>The 2022 bear market was brutal. The <b>Nasdaq Composite Index </b>ended last year down by about 33%. However, it has been recovering nicely in 2023: For the last 12 months, it's now down just 9.6%. <b>Amazon</b>, though, underperformed the index across both of those periods, and even after a modest bounce so far in 2023, its stock is down a whopping 32% over the past 12 months. </p><p>While it is difficult to time the market, falling inflation and resilient economic data could represent the light at the end of the tunnel. Let's discuss two reasons Amazon could be a great way to bet on a looming new bull market. </p><h2>The core businesses</h2><p>Amazon's fourth-quarter results were lackluster. While revenue grew by 9% year over year to $149.2 billion, net income fell from $14.3 billion to just $278 million -- and this was far from a one-off problem. The tech giant lost money in two out of the four quarters of 2022 because of ongoing challenges in its core e-commerce and cloud computing businesses. </p><p>While Amazon's e-commerce revenue continues to grow, margins are deteriorating because of skyrocketing fulfillment and delivery costs. Much of this has to do with inflation and pandemic-era overexpansion. The company has also seen an erosion in its cloud computing segment as enterprise clients look to trim costs in this period of economic uncertainty. The good news is that both of these challenges look temporary. </p><p>Inflation is already falling as the Federal Reserve's rate hikes impact the economy, and fuel costs have dropped. Further, CEO Andy Jassy believes that the cost-optimization in the cloud industry will only last for the "next couple of quarters" -- likely because Amazon Web Services helps companies handle the data they need to grow. While Amazon's core businesses wait to rebound, investors should pay close attention to its new growth drivers. </p><h2>Healthcare and digital advertising?</h2><p>Amazon's scale and network effects helped it dominate e-commerce and cloud computing. And these strengths can also provide it with advantages as it pursues new opportunities in areas like healthcare and digital advertising. </p><p>In the fourth quarter, its ad business grew 19% to $11.6 billion. With its shopping-motivated user base of more than 300 million active accounts, Amazon has plenty of data to use for targeting ads, which could allow it to charge higher rates for ad placements. </p><p>The company is also betting on healthcare through One Medical, which it acquired for $3.9 billion in February. Amazon already has a toehold in the healthcare industry through its Amazon Care brand. This latest deal is likely designed to expand its prescription-delivery service and primary care network. </p><p>While it is too early to know for sure, healthcare could eventually become another driver of growth and diversification for the company. </p><h2>A great way to bet on a rebound</h2><p>It is impossible to know exactly when Wall Street will enter another sustained bull market. But if history is anything to go by, what went down will eventually rise up. Companies like Amazon face significant challenges. But their substantial share-price declines in 2022 have priced in some of those risks. </p><p>Investors can look forward to a recovery in Amazon's e-commerce and cloud computing businesses while digital advertising and healthcare potentially power its next leg of growth. The company looks like a great way to bet on a stock market rebound. </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 Reasons to Buy Amazon Stock Before It's Too Late</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 Reasons to Buy Amazon Stock Before It's Too Late\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-10 21:44 GMT+8 <a href=https://www.fool.com/investing/2023/03/09/a-bull-market-is-coming-2-reasons-to-buy-amazon-st/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The 2022 bear market was brutal. The Nasdaq Composite Index ended last year down by about 33%. However, it has been recovering nicely in 2023: For the last 12 months, it's now down just 9.6%. Amazon, ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/09/a-bull-market-is-coming-2-reasons-to-buy-amazon-st/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.fool.com/investing/2023/03/09/a-bull-market-is-coming-2-reasons-to-buy-amazon-st/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318992962","content_text":"The 2022 bear market was brutal. The Nasdaq Composite Index ended last year down by about 33%. However, it has been recovering nicely in 2023: For the last 12 months, it's now down just 9.6%. Amazon, though, underperformed the index across both of those periods, and even after a modest bounce so far in 2023, its stock is down a whopping 32% over the past 12 months. While it is difficult to time the market, falling inflation and resilient economic data could represent the light at the end of the tunnel. Let's discuss two reasons Amazon could be a great way to bet on a looming new bull market. The core businessesAmazon's fourth-quarter results were lackluster. While revenue grew by 9% year over year to $149.2 billion, net income fell from $14.3 billion to just $278 million -- and this was far from a one-off problem. The tech giant lost money in two out of the four quarters of 2022 because of ongoing challenges in its core e-commerce and cloud computing businesses. While Amazon's e-commerce revenue continues to grow, margins are deteriorating because of skyrocketing fulfillment and delivery costs. Much of this has to do with inflation and pandemic-era overexpansion. The company has also seen an erosion in its cloud computing segment as enterprise clients look to trim costs in this period of economic uncertainty. The good news is that both of these challenges look temporary. Inflation is already falling as the Federal Reserve's rate hikes impact the economy, and fuel costs have dropped. Further, CEO Andy Jassy believes that the cost-optimization in the cloud industry will only last for the \"next couple of quarters\" -- likely because Amazon Web Services helps companies handle the data they need to grow. While Amazon's core businesses wait to rebound, investors should pay close attention to its new growth drivers. Healthcare and digital advertising?Amazon's scale and network effects helped it dominate e-commerce and cloud computing. And these strengths can also provide it with advantages as it pursues new opportunities in areas like healthcare and digital advertising. In the fourth quarter, its ad business grew 19% to $11.6 billion. With its shopping-motivated user base of more than 300 million active accounts, Amazon has plenty of data to use for targeting ads, which could allow it to charge higher rates for ad placements. The company is also betting on healthcare through One Medical, which it acquired for $3.9 billion in February. Amazon already has a toehold in the healthcare industry through its Amazon Care brand. This latest deal is likely designed to expand its prescription-delivery service and primary care network. While it is too early to know for sure, healthcare could eventually become another driver of growth and diversification for the company. A great way to bet on a reboundIt is impossible to know exactly when Wall Street will enter another sustained bull market. But if history is anything to go by, what went down will eventually rise up. Companies like Amazon face significant challenges. But their substantial share-price declines in 2022 have priced in some of those risks. Investors can look forward to a recovery in Amazon's e-commerce and cloud computing businesses while digital advertising and healthcare potentially power its next leg of growth. The company looks like a great way to bet on a stock market rebound.","news_type":1},"isVote":1,"tweetType":1,"viewCount":458,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949139909,"gmtCreate":1678416542101,"gmtModify":1678416544918,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"OMG!! ","listText":"OMG!! ","text":"OMG!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949139909","repostId":"1167818913","repostType":4,"isVote":1,"tweetType":1,"viewCount":948,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949197205,"gmtCreate":1678415773408,"gmtModify":1678415777252,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"Patience","listText":"Patience","text":"Patience","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949197205","repostId":"2318455442","repostType":4,"repost":{"id":"2318455442","pubTimestamp":1678412706,"share":"https://ttm.financial/m/news/2318455442?lang=&edition=fundamental","pubTime":"2023-03-10 09:45","market":"us","language":"en","title":"Why Did JD.com Shares Slump Thursday? Blame It on a Wary Business Outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=2318455442","media":"Seeking Alpha","summary":"JD.com (NASDAQ:JD) shares fell early Thursday, and had given up more than 11% by the time U.S. stock","content":"<html><head></head><body><p>JD.com (NASDAQ:JD) shares fell early Thursday, and had given up more than 11% by the time U.S. stock markets closed due to negative reaction to the Chinese Internet and e-commerce giant's outlook on consumer spending levels.</p><p>Prior to Thursday's stock market open, JD (JD) reported and fourth-quarter profit of 70 cents a share, on $42.8B in revenue. Wall Street analysts had forecast JD (JD) to earn 51 cents a share, on sales of $42.53B.</p><p>While JD's (JD) revenue did grow from the year-ago quarter, it also advanced at a slower rate than it did is last year's fourth quarter.</p><p>Speaking on a conference call with industry analysts, JD (JD) Chief Executive Xu Lei said that "it will take a relatively long time" for stimulus measures approved by Beijing to work their way into consumers' wallets. Like many leading Chinese Internet and tech companies, JD (JD) has been hamstrung to a degree by China's COVID-19 lockdowns and restrictions that only began to be relaxed late last year.</p><p>Along with its earnings results, JD (JD) also declared a quarterly dividend payment of an 62 cents a share.</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>Why Did JD.com Shares Slump Thursday? Blame It on a Wary Business Outlook</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 Did JD.com Shares Slump Thursday? Blame It on a Wary Business Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-10 09:45 GMT+8 <a href=https://seekingalpha.com/news/3946262-why-did-jdcom-shares-slump-thursday-blame-it-on-a-wary-business-outlook><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>JD.com (NASDAQ:JD) shares fell early Thursday, and had given up more than 11% by the time U.S. stock markets closed due to negative reaction to the Chinese Internet and e-commerce giant's outlook on ...</p>\n\n<a href=\"https://seekingalpha.com/news/3946262-why-did-jdcom-shares-slump-thursday-blame-it-on-a-wary-business-outlook\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4524":"宅经济概念","BK4579":"人工智能","BK4526":"热门中概股","BK4588":"碎股","IE0008368742.USD":"首域中国增长基金I Acc","SG9999002463.SGD":"LionGlobal China Growth SGD","BK4503":"景林资产持仓","BK4122":"互联网与直销零售","JD":"京东","BK4551":"寇图资本持仓","BK4505":"高瓴资本持仓","BK4504":"桥水持仓","IE00BGV7N243.SGD":"FSSA Global Emerging Markets Focus I Acc SGD","LU1688375341.USD":"贝莱德中国灵活股票基金","BK4509":"腾讯概念","LU1880383366.USD":"东方汇理中国股票基金 A2 (C)","LU0106959298.USD":"UBS (LUX) EQUITY FUND - EMERGING MARKETS SUSTAINABLE LEADERS (USD) \"P\" (USD) ACC","BK4531":"中概回港概念","09618":"京东集团-SW","BK4585":"ETF&股票定投概念","BK4558":"双十一"},"source_url":"https://seekingalpha.com/news/3946262-why-did-jdcom-shares-slump-thursday-blame-it-on-a-wary-business-outlook","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2318455442","content_text":"JD.com (NASDAQ:JD) shares fell early Thursday, and had given up more than 11% by the time U.S. stock markets closed due to negative reaction to the Chinese Internet and e-commerce giant's outlook on consumer spending levels.Prior to Thursday's stock market open, JD (JD) reported and fourth-quarter profit of 70 cents a share, on $42.8B in revenue. Wall Street analysts had forecast JD (JD) to earn 51 cents a share, on sales of $42.53B.While JD's (JD) revenue did grow from the year-ago quarter, it also advanced at a slower rate than it did is last year's fourth quarter.Speaking on a conference call with industry analysts, JD (JD) Chief Executive Xu Lei said that \"it will take a relatively long time\" for stimulus measures approved by Beijing to work their way into consumers' wallets. Like many leading Chinese Internet and tech companies, JD (JD) has been hamstrung to a degree by China's COVID-19 lockdowns and restrictions that only began to be relaxed late last year.Along with its earnings results, JD (JD) also declared a quarterly dividend payment of an 62 cents a share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":447,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949197685,"gmtCreate":1678415627448,"gmtModify":1678415630375,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949197685","repostId":"1117344818","repostType":4,"repost":{"id":"1117344818","pubTimestamp":1678413116,"share":"https://ttm.financial/m/news/1117344818?lang=&edition=fundamental","pubTime":"2023-03-10 09:51","language":"en","title":"Bitcoin Drops Below $20,000 Level for First Time Since January","url":"https://stock-news.laohu8.com/highlight/detail?id=1117344818","media":"Bloomberg","summary":"Bitcoin fell as much as 1.2% in Asia-Pacific hours on Friday, slipping below the $20,000 level for t","content":"<html><head></head><body><p>Bitcoin fell as much as 1.2% in Asia-Pacific hours on Friday, slipping below the $20,000 level for the first time since January.</p><ul><li>The retreat follows a tumble of more than 8% on Thursday in a broad crypto market selloff</li><li>The largest token was trading at $20,035 as of 9:11 a.m. in Singapore</li></ul></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>Bitcoin Drops Below $20,000 Level for First Time Since January</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\">\nBitcoin Drops Below $20,000 Level for First Time Since January\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-10 09:51 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-03-10/bitcoin-drops-below-20-000-level-for-first-time-since-january?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin fell as much as 1.2% in Asia-Pacific hours on Friday, slipping below the $20,000 level for the first time since January.The retreat follows a tumble of more than 8% on Thursday in a broad ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-10/bitcoin-drops-below-20-000-level-for-first-time-since-january?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WGMI":"Valkyrie Bitcoin Miners ETF","BITO":"ProShares Bitcoin ETF","XBTF":"VanEck Bitcoin Strategy ETF","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-10/bitcoin-drops-below-20-000-level-for-first-time-since-january?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117344818","content_text":"Bitcoin fell as much as 1.2% in Asia-Pacific hours on Friday, slipping below the $20,000 level for the first time since January.The retreat follows a tumble of more than 8% on Thursday in a broad crypto market selloffThe largest token was trading at $20,035 as of 9:11 a.m. in Singapore","news_type":1},"isVote":1,"tweetType":1,"viewCount":495,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940637646,"gmtCreate":1677856463585,"gmtModify":1677856466688,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"Yes!","listText":"Yes!","text":"Yes!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940637646","repostId":"2316754539","repostType":2,"isVote":1,"tweetType":1,"viewCount":193,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940119545,"gmtCreate":1677746083087,"gmtModify":1677746086865,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"Great!","listText":"Great!","text":"Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940119545","repostId":"1110506430","repostType":2,"repost":{"id":"1110506430","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1677742614,"share":"https://ttm.financial/m/news/1110506430?lang=&edition=fundamental","pubTime":"2023-03-02 15:36","market":"us","language":"en","title":"Tiger Chart | Highlights from Tesla's Investor Day: Optimus, Cybertruck, Third-Gen Platform and More","url":"https://stock-news.laohu8.com/highlight/detail?id=1110506430","media":"Tiger Newspress","summary":"There’s a lot of excitement around Tesla’s 2023 Investor Day. Elon Musk’s Master Plan Part 3 detail","content":"<html><head></head><body><p>There’s a lot of excitement around Tesla’s 2023 Investor Day. Elon Musk’s Master Plan Part 3 details on the company’s third-generation platform, and how Tesla could reach an extreme scale.<img src=\"https://static.tigerbbs.com/66adc995eddf230cc22988082f007bb0\" tg-width=\"750\" tg-height=\"3618\" referrerpolicy=\"no-referrer\"/></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>Tiger Chart | Highlights from Tesla's Investor Day: Optimus, Cybertruck, Third-Gen Platform and More</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\">\nTiger Chart | Highlights from Tesla's Investor Day: Optimus, Cybertruck, Third-Gen Platform and More\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-02 15:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>There’s a lot of excitement around Tesla’s 2023 Investor Day. Elon Musk’s Master Plan Part 3 details on the company’s third-generation platform, and how Tesla could reach an extreme scale.<img src=\"https://static.tigerbbs.com/66adc995eddf230cc22988082f007bb0\" tg-width=\"750\" tg-height=\"3618\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110506430","content_text":"There’s a lot of excitement around Tesla’s 2023 Investor Day. Elon Musk’s Master Plan Part 3 details on the company’s third-generation platform, and how Tesla could reach an extreme scale.","news_type":1},"isVote":1,"tweetType":1,"viewCount":381,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940350642,"gmtCreate":1677714790286,"gmtModify":1677714792985,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SQQQ\">$Nasdaq100 Bear 3X ETF(SQQQ)$ </a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/SQQQ\">$Nasdaq100 Bear 3X ETF(SQQQ)$ </a><v-v data-views=\"1\"></v-v>","text":"$Nasdaq100 Bear 3X ETF(SQQQ)$","images":[{"img":"https://community-static.tradeup.com/news/63fb5580b066a9928e340d40884a98d0","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940350642","isVote":1,"tweetType":1,"viewCount":286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9940350882,"gmtCreate":1677714716246,"gmtModify":1677714719004,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GLD\">$SPDR Gold Shares(GLD)$ </a>Time to hedge against stocks","listText":"<a href=\"https://ttm.financial/S/GLD\">$SPDR Gold Shares(GLD)$ </a>Time to hedge against stocks","text":"$SPDR Gold Shares(GLD)$ Time to hedge against stocks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940350882","isVote":1,"tweetType":1,"viewCount":169,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940069176,"gmtCreate":1677599187895,"gmtModify":1677599190752,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$ </a><v-v data-views=\"1\"></v-v>Expect $10.20","listText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$ </a><v-v data-views=\"1\"></v-v>Expect $10.20","text":"$NIO Inc.(NIO)$ Expect $10.20","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940069176","isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957865273,"gmtCreate":1677162988193,"gmtModify":1677162992930,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SQQQ\">$Nasdaq100 Bear 3X ETF(SQQQ)$ </a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/SQQQ\">$Nasdaq100 Bear 3X ETF(SQQQ)$ </a><v-v data-views=\"1\"></v-v>","text":"$Nasdaq100 Bear 3X ETF(SQQQ)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957865273","isVote":1,"tweetType":1,"viewCount":565,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954289000,"gmtCreate":1676390469901,"gmtModify":1676390474556,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SQQQ\">$Nasdaq100 Bear 3X ETF(SQQQ)$ </a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/SQQQ\">$Nasdaq100 Bear 3X ETF(SQQQ)$ </a><v-v data-views=\"1\"></v-v>","text":"$Nasdaq100 Bear 3X ETF(SQQQ)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954289000","isVote":1,"tweetType":1,"viewCount":178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954641529,"gmtCreate":1676348153561,"gmtModify":1676348156868,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954641529","repostId":"1124797260","repostType":2,"repost":{"id":"1124797260","pubTimestamp":1676346759,"share":"https://ttm.financial/m/news/1124797260?lang=&edition=fundamental","pubTime":"2023-02-14 11:52","market":"us","language":"en","title":"Wall Street Trading Desks Map Out Game Plans for CPI Scenarios","url":"https://stock-news.laohu8.com/highlight/detail?id=1124797260","media":"Bloomberg","summary":"For months now, an uneasy truce has prevailed between the Federal Reserve and stock investors. As in","content":"<html><head></head><body><p>For months now, an uneasy truce has prevailed between the Federal Reserve and stock investors. As inflation cooled, Chairman Jerome Powell kept mostly quiet about a $5 trillion equity rally that many worry impedes his efforts to drain bloat from the economy.</p><p>Whether the peace can last will depend a lot on Tuesday’s consumer price index.</p><p>Consensus is building that a softer reading is likely to revive the new year’s equity rally while anything stronger may extend last week’s selloff in risky assets. Stocks and bonds have risen sharply since October when inflation reversed a two-year trend where CPI readings came in mostly stronger than expected. A simultaneous easing in financial conditions has repeatedly been brushed off by Powell despite questions over whether it hurts his goal of slowing demand and curbing inflation.</p><p>“I don’t think this Fed expected financial conditions to ease as much as they have, but as long as inflation keeps trending south, they’re not objecting,” Tony Pasquariello, a partner at Goldman Sachs Group Inc., wrote in a note Friday. “This only ups the ante for CPI.”</p><p>Which part of consumer prices investors will focus on and how they will place bets in various scenarios are where some of the differences lie. At least that’s according to the game plans presented by two of Wall Street’s most prominent sales and trading desks.</p><p>The team at JPMorgan Chase & Co. put emphasis on the yearly change in the consumer price index. Economists expected a decline to 6.2% in January from 6.5% in the prior month.</p><p>Should the data come in near the estimate, confirming continued cooling in inflation, bond yields and the dollar will fall while technology and economically sensitive shares lead an advance in the S&P 500. But any equity gains are likely to fade, they warned, once investors shift attention to a relatively slower pace of disinflation than the previous two months, where each CPI print saw a decrease of 60 basis points.</p><p>At Morgan Stanley, the trading desk focused on CPI’s month-over-month change, which the bank’s economists forecast to show a 0.4% increase. In the event of a soft print, say 0.2%, tech and consumer stocks will climb alongside a rally in fixed income. A hotter reading like 0.6%, however, is expected to spark a risk-off move that even cyclical shares poised to benefit from inflation can’t escape.</p><p>Predicting inflation has proved almost impossible in the post-pandemic world, not to mention market reactions to it. If anything, the exercise from the two firms offers a lens into the risks that investors are contending with.</p><p><img src=\"https://static.tigerbbs.com/511844d853423b5e45eb90c64143b284\" tg-width=\"631\" tg-height=\"296\" referrerpolicy=\"no-referrer\"/>At JPMorgan, the trading team including Andrew Tyler saw an almost two-in-three chance for the CPI data to arrive within 20 basis points of the median estimate from economists.</p><p>After a surprise jump in Manheim’s used-vehicle price index, expectations for a hotter reading have grown. If inflation comes in above 6.5% — a scenario that Tyler’s team assigned a 5% probability, the S&P 500 would drop 2.5% to 3%. Should that occur, invest should look to sell expensive software stocks and cryptocurrencies while buying Treasuries and the dollar, the team suggested.</p><p>“This bearish outcome would align with the resurgent inflation hypothesis and could be driven by services where the consumer has shown a rebound in spending, evidenced by the latest Manheim print,” they wrote in a note Friday. “More troubling for bulls is that this scenario would occur before we have witnessed an inflationary impulse from China.”</p><p>From stocks to bonds, financial assets last week halted their new-year bounce as Fed officials stressed the need to keep raising interest rates amid ongoing price pressures. Amid the hawkish remarks, traders ramped up bets on the Fed’s peak rate to around 5.2%, from under 5% earlier this month.</p><p>“The recent backup in bond yields may be enough such that we do not see another rate hike priced in given that we would have the March print before the next Fed meeting,” Tyler and his team 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>Wall Street Trading Desks Map Out Game Plans for CPI Scenarios</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 Trading Desks Map Out Game Plans for CPI Scenarios\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-14 11:52 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-02-13/wall-street-trading-desks-map-out-game-plans-for-cpi-scenarios?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For months now, an uneasy truce has prevailed between the Federal Reserve and stock investors. As inflation cooled, Chairman Jerome Powell kept mostly quiet about a $5 trillion equity rally that many ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-02-13/wall-street-trading-desks-map-out-game-plans-for-cpi-scenarios?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":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2023-02-13/wall-street-trading-desks-map-out-game-plans-for-cpi-scenarios?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124797260","content_text":"For months now, an uneasy truce has prevailed between the Federal Reserve and stock investors. As inflation cooled, Chairman Jerome Powell kept mostly quiet about a $5 trillion equity rally that many worry impedes his efforts to drain bloat from the economy.Whether the peace can last will depend a lot on Tuesday’s consumer price index.Consensus is building that a softer reading is likely to revive the new year’s equity rally while anything stronger may extend last week’s selloff in risky assets. Stocks and bonds have risen sharply since October when inflation reversed a two-year trend where CPI readings came in mostly stronger than expected. A simultaneous easing in financial conditions has repeatedly been brushed off by Powell despite questions over whether it hurts his goal of slowing demand and curbing inflation.“I don’t think this Fed expected financial conditions to ease as much as they have, but as long as inflation keeps trending south, they’re not objecting,” Tony Pasquariello, a partner at Goldman Sachs Group Inc., wrote in a note Friday. “This only ups the ante for CPI.”Which part of consumer prices investors will focus on and how they will place bets in various scenarios are where some of the differences lie. At least that’s according to the game plans presented by two of Wall Street’s most prominent sales and trading desks.The team at JPMorgan Chase & Co. put emphasis on the yearly change in the consumer price index. Economists expected a decline to 6.2% in January from 6.5% in the prior month.Should the data come in near the estimate, confirming continued cooling in inflation, bond yields and the dollar will fall while technology and economically sensitive shares lead an advance in the S&P 500. But any equity gains are likely to fade, they warned, once investors shift attention to a relatively slower pace of disinflation than the previous two months, where each CPI print saw a decrease of 60 basis points.At Morgan Stanley, the trading desk focused on CPI’s month-over-month change, which the bank’s economists forecast to show a 0.4% increase. In the event of a soft print, say 0.2%, tech and consumer stocks will climb alongside a rally in fixed income. A hotter reading like 0.6%, however, is expected to spark a risk-off move that even cyclical shares poised to benefit from inflation can’t escape.Predicting inflation has proved almost impossible in the post-pandemic world, not to mention market reactions to it. If anything, the exercise from the two firms offers a lens into the risks that investors are contending with.At JPMorgan, the trading team including Andrew Tyler saw an almost two-in-three chance for the CPI data to arrive within 20 basis points of the median estimate from economists.After a surprise jump in Manheim’s used-vehicle price index, expectations for a hotter reading have grown. If inflation comes in above 6.5% — a scenario that Tyler’s team assigned a 5% probability, the S&P 500 would drop 2.5% to 3%. Should that occur, invest should look to sell expensive software stocks and cryptocurrencies while buying Treasuries and the dollar, the team suggested.“This bearish outcome would align with the resurgent inflation hypothesis and could be driven by services where the consumer has shown a rebound in spending, evidenced by the latest Manheim print,” they wrote in a note Friday. “More troubling for bulls is that this scenario would occur before we have witnessed an inflationary impulse from China.”From stocks to bonds, financial assets last week halted their new-year bounce as Fed officials stressed the need to keep raising interest rates amid ongoing price pressures. Amid the hawkish remarks, traders ramped up bets on the Fed’s peak rate to around 5.2%, from under 5% earlier this month.“The recent backup in bond yields may be enough such that we do not see another rate hike priced in given that we would have the March print before the next Fed meeting,” Tyler and his team said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955705872,"gmtCreate":1675734684497,"gmtModify":1675734687203,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955705872","repostId":"2309397369","repostType":2,"repost":{"id":"2309397369","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":1675729486,"share":"https://ttm.financial/m/news/2309397369?lang=&edition=fundamental","pubTime":"2023-02-07 08:24","market":"us","language":"en","title":"Hedge Funds Caught in Bigger Squeeze Than 2021 Meme Stock Frenzy - Goldman Sachs Note","url":"https://stock-news.laohu8.com/highlight/detail?id=2309397369","media":"Reuters","summary":"LONDON/NEW YORK, Feb 6 (Reuters) - Hedge funds betting against stocks globally abandoned those trade","content":"<html><head></head><body><p>LONDON/NEW YORK, Feb 6 (Reuters) - Hedge funds betting against stocks globally abandoned those trades last week at the fastest pace since 2015, surpassing the speed of their exodus from the meme stock frenzy two years ago, according to a Goldman Sachs research note.</p><p>The latest short squeeze, implying that stock prices rose so much that bearish bets become too expensive to hold, saw hedge funds caught out by a sharp rally in equities on Feb. 2 after the U.S. Federal Reserve slowed the pace of interest rate hikes and markets anticipated that rates would peak soon.</p><p>According to the Goldman note, seen by Reuters, the speed at which hedge funds exited bearish positions surpassed that seen in January 2021 when retail traders worked in concert to push shortsellers out of stocks such as videogame retailer Gamestop and movie theatre operator AMC Entertainment Holdings.</p><p>The 2021 buying frenzy of so-called meme stocks started on social media site Reddit, and at-home traders used retail trading platforms such as Robinhood to lift the price of heavily shorted stocks such as Gamestop. This forced many shortsellers out of positions and in some cases, funds restructured and returned money to their investors.</p><p>After a volatile two years, however, AMC and GME are now trading above their price levels of Jan. 15, 2021 just before the meme stock frenzy began.</p><p>Last week's short-squeeze followed a post-Fed rally. The tech-heavy Nasdaq surged 3.25% on Thursday - its biggest one-day jump in over two months - led by over 20% surges in orthodontic company Align Technology and Facebook parent company Meta Platforms.</p><p>That came just a day before a sharp selloff on Friday when stronger-than-expected U.S. jobs data sparked a selloff in world stocks.</p><p>Despite the massive short covering, hedge fund managers do not seem to be more upbeat about markets. "Positioning isn't 'high' and it doesn't seem like many investors are bullish, per se," JPMorgan's Positioning Intelligence said in a note reviewed by Reuters, adding it has also seen hedge funds adding some shorts in highly shorted stocks.</p><p>World stocks were last down 0.7% with Friday's strong U.S. jobs report renewing concerns that the Fed may have to remain aggressive in its monetary tightening to tame inflation.</p><p>Still, the main stock indexes remain up through Friday, led by Nasdaq, which was up by around 14% since the start of this year. Goldman Sachs that fundamental long-short hedge funds posted a gain of 3.79% in January, driven by their market exposure. Systematic long-short funds, which use algorithmic trading, were down 0.50%.</p><p>The largest short positions held by hedge funds were in industrials and information technology companies, the Goldman note said. It added that hedge funds also exited many long positions in Asian developing markets and Chinese equities last week.</p><p>Resurgent risk appetite among some investors has also fuelled rallies in the shares of so-called meme stocks since the start of this year, though many analysts are sceptical the recent moves will last.</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>Hedge Funds Caught in Bigger Squeeze Than 2021 Meme Stock Frenzy - Goldman Sachs Note</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\">\nHedge Funds Caught in Bigger Squeeze Than 2021 Meme Stock Frenzy - Goldman Sachs Note\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\">2023-02-07 08:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>LONDON/NEW YORK, Feb 6 (Reuters) - Hedge funds betting against stocks globally abandoned those trades last week at the fastest pace since 2015, surpassing the speed of their exodus from the meme stock frenzy two years ago, according to a Goldman Sachs research note.</p><p>The latest short squeeze, implying that stock prices rose so much that bearish bets become too expensive to hold, saw hedge funds caught out by a sharp rally in equities on Feb. 2 after the U.S. Federal Reserve slowed the pace of interest rate hikes and markets anticipated that rates would peak soon.</p><p>According to the Goldman note, seen by Reuters, the speed at which hedge funds exited bearish positions surpassed that seen in January 2021 when retail traders worked in concert to push shortsellers out of stocks such as videogame retailer Gamestop and movie theatre operator AMC Entertainment Holdings.</p><p>The 2021 buying frenzy of so-called meme stocks started on social media site Reddit, and at-home traders used retail trading platforms such as Robinhood to lift the price of heavily shorted stocks such as Gamestop. This forced many shortsellers out of positions and in some cases, funds restructured and returned money to their investors.</p><p>After a volatile two years, however, AMC and GME are now trading above their price levels of Jan. 15, 2021 just before the meme stock frenzy began.</p><p>Last week's short-squeeze followed a post-Fed rally. The tech-heavy Nasdaq surged 3.25% on Thursday - its biggest one-day jump in over two months - led by over 20% surges in orthodontic company Align Technology and Facebook parent company Meta Platforms.</p><p>That came just a day before a sharp selloff on Friday when stronger-than-expected U.S. jobs data sparked a selloff in world stocks.</p><p>Despite the massive short covering, hedge fund managers do not seem to be more upbeat about markets. "Positioning isn't 'high' and it doesn't seem like many investors are bullish, per se," JPMorgan's Positioning Intelligence said in a note reviewed by Reuters, adding it has also seen hedge funds adding some shorts in highly shorted stocks.</p><p>World stocks were last down 0.7% with Friday's strong U.S. jobs report renewing concerns that the Fed may have to remain aggressive in its monetary tightening to tame inflation.</p><p>Still, the main stock indexes remain up through Friday, led by Nasdaq, which was up by around 14% since the start of this year. Goldman Sachs that fundamental long-short hedge funds posted a gain of 3.79% in January, driven by their market exposure. Systematic long-short funds, which use algorithmic trading, were down 0.50%.</p><p>The largest short positions held by hedge funds were in industrials and information technology companies, the Goldman note said. It added that hedge funds also exited many long positions in Asian developing markets and Chinese equities last week.</p><p>Resurgent risk appetite among some investors has also fuelled rallies in the shares of so-called meme stocks since the start of this year, though many analysts are sceptical the recent moves will last.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","GME":"游戏驿站",".SPX":"S&P 500 Index","BBBY":"3B家居","AMC":"AMC院线",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2309397369","content_text":"LONDON/NEW YORK, Feb 6 (Reuters) - Hedge funds betting against stocks globally abandoned those trades last week at the fastest pace since 2015, surpassing the speed of their exodus from the meme stock frenzy two years ago, according to a Goldman Sachs research note.The latest short squeeze, implying that stock prices rose so much that bearish bets become too expensive to hold, saw hedge funds caught out by a sharp rally in equities on Feb. 2 after the U.S. Federal Reserve slowed the pace of interest rate hikes and markets anticipated that rates would peak soon.According to the Goldman note, seen by Reuters, the speed at which hedge funds exited bearish positions surpassed that seen in January 2021 when retail traders worked in concert to push shortsellers out of stocks such as videogame retailer Gamestop and movie theatre operator AMC Entertainment Holdings.The 2021 buying frenzy of so-called meme stocks started on social media site Reddit, and at-home traders used retail trading platforms such as Robinhood to lift the price of heavily shorted stocks such as Gamestop. This forced many shortsellers out of positions and in some cases, funds restructured and returned money to their investors.After a volatile two years, however, AMC and GME are now trading above their price levels of Jan. 15, 2021 just before the meme stock frenzy began.Last week's short-squeeze followed a post-Fed rally. The tech-heavy Nasdaq surged 3.25% on Thursday - its biggest one-day jump in over two months - led by over 20% surges in orthodontic company Align Technology and Facebook parent company Meta Platforms.That came just a day before a sharp selloff on Friday when stronger-than-expected U.S. jobs data sparked a selloff in world stocks.Despite the massive short covering, hedge fund managers do not seem to be more upbeat about markets. \"Positioning isn't 'high' and it doesn't seem like many investors are bullish, per se,\" JPMorgan's Positioning Intelligence said in a note reviewed by Reuters, adding it has also seen hedge funds adding some shorts in highly shorted stocks.World stocks were last down 0.7% with Friday's strong U.S. jobs report renewing concerns that the Fed may have to remain aggressive in its monetary tightening to tame inflation.Still, the main stock indexes remain up through Friday, led by Nasdaq, which was up by around 14% since the start of this year. Goldman Sachs that fundamental long-short hedge funds posted a gain of 3.79% in January, driven by their market exposure. Systematic long-short funds, which use algorithmic trading, were down 0.50%.The largest short positions held by hedge funds were in industrials and information technology companies, the Goldman note said. It added that hedge funds also exited many long positions in Asian developing markets and Chinese equities last week.Resurgent risk appetite among some investors has also fuelled rallies in the shares of so-called meme stocks since the start of this year, though many analysts are sceptical the recent moves will last.","news_type":1},"isVote":1,"tweetType":1,"viewCount":230,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9933608935,"gmtCreate":1662266165227,"gmtModify":1676537028155,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"My take is that Sqqq can be good for short term plays n recovery balancing where some longs have already been too deep in the red. The idea is to be nimble, as the writer says, and hence take profiits off the table and ride on the volatility, taking advantage of the vagaries of the stock market especially 2022 and going into 2023. ","listText":"My take is that Sqqq can be good for short term plays n recovery balancing where some longs have already been too deep in the red. The idea is to be nimble, as the writer says, and hence take profiits off the table and ride on the volatility, taking advantage of the vagaries of the stock market especially 2022 and going into 2023. ","text":"My take is that Sqqq can be good for short term plays n recovery balancing where some longs have already been too deep in the red. The idea is to be nimble, as the writer says, and hence take profiits off the table and ride on the volatility, taking advantage of the vagaries of the stock market especially 2022 and going into 2023.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":37,"commentSize":48,"repostSize":0,"link":"https://ttm.financial/post/9933608935","repostId":"1174731052","repostType":4,"repost":{"id":"1174731052","pubTimestamp":1662259842,"share":"https://ttm.financial/m/news/1174731052?lang=&edition=fundamental","pubTime":"2022-09-04 10:50","market":"us","language":"en","title":"SQQQ: Don't Overstay Your Welcome","url":"https://stock-news.laohu8.com/highlight/detail?id=1174731052","media":"Seeking Alpha","summary":"SummarySQQQ provides 3x inverse 1-day returns of the Nasdaq 100 Index.Levered ETFs provide positive ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>SQQQ provides 3x inverse 1-day returns of the Nasdaq 100 Index.</li><li>Levered ETFs provide positive convexity in the direction of the bet.</li><li>Daily rebalancing of exposure causes value decay, especially in volatile markets.</li></ul><p>Investors who are afraid of market volatility often turn to inverse exchange-traded funds ("ETFs") such as the Proshares UltraPro Short QQQ ETF (NASDAQ:SQQQ) to protect their portfolios.</p><p>In my opinion, investors should consider reducing their long exposures instead of seeking inverse ETFs as a hedge, especially for holding periods of longer than a few days due to the volatility "decay" from daily rebalancings.</p><p><b>Fund Overview</b></p><p>As the name suggests, the Proshares UltraPro Short QQQ ETF seeks daily returns that is -3x the return of the Nasdaq-100 Index. The fund achieves the -3x daily return target by entering into total return swaps with large banks that are reset nightly.</p><p><img src=\"https://static.tigerbbs.com/fff5d9cf3e686a0cfbbc881e341b99f1\" tg-width=\"640\" tg-height=\"282\" referrerpolicy=\"no-referrer\"/></p><p>Figure 1 - SQQQ holdings (proshares.com)</p><p><b>Levered ETFs Only Work On Short Time Horizons</b></p><p>Investors who are interested in the SQQQ are highly encouraged to read this disclaimer from the Proshares website:</p><blockquote><i>Due to thecompoundingof daily returns, holding periods of greater than one day can result in returns that are significantly different than the target return, and ProShares' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. These effects may be more pronounced in funds with larger or inverse multiples and in funds with volatile benchmarks.</i></blockquote><p>What this means in layman terms is that the SQQQ is only designed to provide 3x inverse returns for one day. For any holding period longer than 1 day, the returns expectations will differ.</p><p>For example, imagine you start off with $100 invested in SQQQ. If the Nasdaq-100 index returns -5% on day 1, your position will grow to $115 (3 times the 1-day return of 5%). If the Nasdaq-100 returns -5% again on day 2, your position will grow to $132.25. The 2 day total is more than 3 times the 2-day compounded return of 10.25% or $130.75, because the two moves are in the same direction.</p><p>Conversely, if the returns were consecutive +5% on the Nasdaq-100 index, you would end up with $85 on day 1 and $72.25 on day 2, versus a 2-day compounded loss of 9.75%, or a $70.75 final balance assuming 3 times the returns.</p><p>Levered ETFs provide holders with "<b><i>positive convexity"</i></b>in the direction of their bet, i.e., with the SQQQ, as the Nasdaq-100 declines, the short exposure grows, and vice versa.</p><p><b>Levered ETFs Decay In Volatile Markets</b></p><p>The biggest problem with levered ETFs is that the daily rebalancing of the fund's exposure means that in volatile markets, the fund can lose value very quickly.</p><p>Going back to our example above, if the Nasdaq-100 returned +5% on day 1 followed by -5% on day 2, that should translate to a compounded 2-day loss of 0.25%, or theoretical ending balance of $99.25. However, what happens is that on day 1, the SQQQ balance will fall to $85 (3 times the 1-day return of -5%), and on day 2, the SQQQ balance will only grow to $97.75 (3 times the 1-day return of 5%). $1.50 in "value" will have been lost to volatility. The higher the volatility, the more the "decay."</p><p><b>Inverse ETFs Lose Value Over The Long-Term</b></p><p>Volatility coupled with the fact that markets are upwards trending in the long run means that inverse ETFs like the SQQQ are almost guaranteed to lose money over the long-term.</p><p>Comparing the performance of SQQQ vs. the Invesco QQQ ETF (QQQ) that tracks the Nasdaq-100 Index, we see that over any reasonably long time horizon, the SQQQ has been a money loser. Over 5 years, the SQQQ has lost $98.3 per $100 invested capital, and over 10 years, it has lost an incredible $99.93 per $100 invested capital.</p><p><img src=\"https://static.tigerbbs.com/799c3972388654e161203372280ae578\" tg-width=\"640\" tg-height=\"398\" referrerpolicy=\"no-referrer\"/></p><p>Figure 2 - SQQQ vs. QQQ performance (Seeking Alpha)</p><p>Even YTD, while the QQQ has lost 24.75% of its value, the SQQQ has only gained 52.6%, far less than the theoretical 74.25% gain, because of the volatility decay mentioned above. On a 1 year basis, while the QQQ has lost 21.3%, SQQQ has only gained 24.3%.</p><p><b>Conclusion</b></p><p>If investors are truly concerned about their portfolios, they should consider reducing their long exposures instead of seeking inverse ETFs as a hedge, especially for holding periods of longer than a few days due to the volatility "decay" from daily rebalancing. Nimble traders can try to capitalize on the convex nature of levered ETF returns, but that is not an easy task, especially for novices.</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>SQQQ: Don't Overstay Your Welcome</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\">\nSQQQ: Don't Overstay Your Welcome\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-04 10:50 GMT+8 <a href=https://seekingalpha.com/article/4538743-sqqq-dont-overstay-your-welcome><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummarySQQQ provides 3x inverse 1-day returns of the Nasdaq 100 Index.Levered ETFs provide positive convexity in the direction of the bet.Daily rebalancing of exposure causes value decay, especially ...</p>\n\n<a href=\"https://seekingalpha.com/article/4538743-sqqq-dont-overstay-your-welcome\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQQQ":"纳指三倍做空ETF"},"source_url":"https://seekingalpha.com/article/4538743-sqqq-dont-overstay-your-welcome","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174731052","content_text":"SummarySQQQ provides 3x inverse 1-day returns of the Nasdaq 100 Index.Levered ETFs provide positive convexity in the direction of the bet.Daily rebalancing of exposure causes value decay, especially in volatile markets.Investors who are afraid of market volatility often turn to inverse exchange-traded funds (\"ETFs\") such as the Proshares UltraPro Short QQQ ETF (NASDAQ:SQQQ) to protect their portfolios.In my opinion, investors should consider reducing their long exposures instead of seeking inverse ETFs as a hedge, especially for holding periods of longer than a few days due to the volatility \"decay\" from daily rebalancings.Fund OverviewAs the name suggests, the Proshares UltraPro Short QQQ ETF seeks daily returns that is -3x the return of the Nasdaq-100 Index. The fund achieves the -3x daily return target by entering into total return swaps with large banks that are reset nightly.Figure 1 - SQQQ holdings (proshares.com)Levered ETFs Only Work On Short Time HorizonsInvestors who are interested in the SQQQ are highly encouraged to read this disclaimer from the Proshares website:Due to thecompoundingof daily returns, holding periods of greater than one day can result in returns that are significantly different than the target return, and ProShares' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. These effects may be more pronounced in funds with larger or inverse multiples and in funds with volatile benchmarks.What this means in layman terms is that the SQQQ is only designed to provide 3x inverse returns for one day. For any holding period longer than 1 day, the returns expectations will differ.For example, imagine you start off with $100 invested in SQQQ. If the Nasdaq-100 index returns -5% on day 1, your position will grow to $115 (3 times the 1-day return of 5%). If the Nasdaq-100 returns -5% again on day 2, your position will grow to $132.25. The 2 day total is more than 3 times the 2-day compounded return of 10.25% or $130.75, because the two moves are in the same direction.Conversely, if the returns were consecutive +5% on the Nasdaq-100 index, you would end up with $85 on day 1 and $72.25 on day 2, versus a 2-day compounded loss of 9.75%, or a $70.75 final balance assuming 3 times the returns.Levered ETFs provide holders with \"positive convexity\"in the direction of their bet, i.e., with the SQQQ, as the Nasdaq-100 declines, the short exposure grows, and vice versa.Levered ETFs Decay In Volatile MarketsThe biggest problem with levered ETFs is that the daily rebalancing of the fund's exposure means that in volatile markets, the fund can lose value very quickly.Going back to our example above, if the Nasdaq-100 returned +5% on day 1 followed by -5% on day 2, that should translate to a compounded 2-day loss of 0.25%, or theoretical ending balance of $99.25. However, what happens is that on day 1, the SQQQ balance will fall to $85 (3 times the 1-day return of -5%), and on day 2, the SQQQ balance will only grow to $97.75 (3 times the 1-day return of 5%). $1.50 in \"value\" will have been lost to volatility. The higher the volatility, the more the \"decay.\"Inverse ETFs Lose Value Over The Long-TermVolatility coupled with the fact that markets are upwards trending in the long run means that inverse ETFs like the SQQQ are almost guaranteed to lose money over the long-term.Comparing the performance of SQQQ vs. the Invesco QQQ ETF (QQQ) that tracks the Nasdaq-100 Index, we see that over any reasonably long time horizon, the SQQQ has been a money loser. Over 5 years, the SQQQ has lost $98.3 per $100 invested capital, and over 10 years, it has lost an incredible $99.93 per $100 invested capital.Figure 2 - SQQQ vs. QQQ performance (Seeking Alpha)Even YTD, while the QQQ has lost 24.75% of its value, the SQQQ has only gained 52.6%, far less than the theoretical 74.25% gain, because of the volatility decay mentioned above. On a 1 year basis, while the QQQ has lost 21.3%, SQQQ has only gained 24.3%.ConclusionIf investors are truly concerned about their portfolios, they should consider reducing their long exposures instead of seeking inverse ETFs as a hedge, especially for holding periods of longer than a few days due to the volatility \"decay\" from daily rebalancing. Nimble traders can try to capitalize on the convex nature of levered ETF returns, but that is not an easy task, especially for novices.","news_type":1},"isVote":1,"tweetType":1,"viewCount":691,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582015516749888","authorId":"3582015516749888","name":"HH浩","avatar":"https://static.tigerbbs.com/2639351c97027c6f71c4d9729ef216d8","crmLevel":4,"crmLevelSwitch":0,"idStr":"3582015516749888","authorIdStr":"3582015516749888"},"content":"Take profit off the table.","text":"Take profit off the table.","html":"Take profit off the table."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9077625842,"gmtCreate":1658516256786,"gmtModify":1676536169957,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"Doom vs Opportunity Institutional leaders seem to be having continued dark predictions and talking about introducing cost cutting measures like lowering or pausing on hiring (Meta,Tesla,Costco, Microsoft,Amazon), even ridding under-performers (Zuckerberg), moving to cheaper tax locations (Tesla), reviewing expenses overall. Woe!Aggravation of war is not making inflation and supply chain disruptions go away any time soon and there seems no escape of recession reaching the rest of the world. Despite all these happening the stock market still moves, positively or negatively. I am still learning how to trade and realised one thing. The stock volatility creates opportunities for short term traders and, for those who kept some ‘cash-in-waiting’, some quick trades can be quite profitable if we a","listText":"Doom vs Opportunity Institutional leaders seem to be having continued dark predictions and talking about introducing cost cutting measures like lowering or pausing on hiring (Meta,Tesla,Costco, Microsoft,Amazon), even ridding under-performers (Zuckerberg), moving to cheaper tax locations (Tesla), reviewing expenses overall. Woe!Aggravation of war is not making inflation and supply chain disruptions go away any time soon and there seems no escape of recession reaching the rest of the world. Despite all these happening the stock market still moves, positively or negatively. I am still learning how to trade and realised one thing. The stock volatility creates opportunities for short term traders and, for those who kept some ‘cash-in-waiting’, some quick trades can be quite profitable if we a","text":"Doom vs Opportunity Institutional leaders seem to be having continued dark predictions and talking about introducing cost cutting measures like lowering or pausing on hiring (Meta,Tesla,Costco, Microsoft,Amazon), even ridding under-performers (Zuckerberg), moving to cheaper tax locations (Tesla), reviewing expenses overall. Woe!Aggravation of war is not making inflation and supply chain disruptions go away any time soon and there seems no escape of recession reaching the rest of the world. Despite all these happening the stock market still moves, positively or negatively. I am still learning how to trade and realised one thing. The stock volatility creates opportunities for short term traders and, for those who kept some ‘cash-in-waiting’, some quick trades can be quite profitable if we a","images":[],"top":1,"highlighted":2,"essential":2,"paper":1,"likeSize":22,"commentSize":20,"repostSize":0,"link":"https://ttm.financial/post/9077625842","isVote":1,"tweetType":1,"viewCount":645,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000478","authorId":"9000000000000478","name":"Maria_yy","avatar":"https://static.tigerbbs.com/168415c8fa94e7b14ffb415e8098eac9","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000478","authorIdStr":"9000000000000478"},"content":"Microsoft is definitely worth owning.","text":"Microsoft is definitely worth owning.","html":"Microsoft is definitely worth owning."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9045878609,"gmtCreate":1656601011401,"gmtModify":1676535861024,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"I just joined in March and so far feel comfortable, winning some and losing some, and learning along the way from Tiger experts andcommunity. Thank you Tiger","listText":"I just joined in March and so far feel comfortable, winning some and losing some, and learning along the way from Tiger experts andcommunity. Thank you Tiger","text":"I just joined in March and so far feel comfortable, winning some and losing some, and learning along the way from Tiger experts andcommunity. Thank you Tiger","images":[{"img":"https://community-static.tradeup.com/news/06894e216fbe6b76b10d18bf4b87bf3b","width":"1125","height":"2436"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":21,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9045878609","isVote":1,"tweetType":1,"viewCount":584,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578631759891221","authorId":"3578631759891221","name":"keaty","avatar":"https://static.tigerbbs.com/bcf9d00e41b755619a4b4c3eb6f05541","crmLevel":6,"crmLevelSwitch":0,"idStr":"3578631759891221","authorIdStr":"3578631759891221"},"content":"preparing for another round","text":"preparing for another round","html":"preparing for another round"}],"imageCount":2,"langContent":"EN","totalScore":0},{"id":9983265759,"gmtCreate":1666251050971,"gmtModify":1676537730458,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"After my red fish dessert my paws came out again. I'm now back into bear ETFs at 70pc again whatever the gurus are saying <a href=\"https://ttm.financial/S/SPXU\">$S&P 500 Bear 3X ETF(SPXU)$</a><a href=\"https://ttm.financial/S/SQQQ\">$Nasdaq100 Bear 3X ETF(SQQQ)$</a> I'm a day trader not an investor Have a good day everyone and keep collecting coins, thanks to Mr DD <a href=\"https://ttm.financial/U/4113904591642392\">@LMSunshine</a><a href=\"https://ttm.financial/U/3559581955535845\">@koolgal</a><a href=\"https://ttm.financial/U/3581734227956830\">@SirBahamut</a><a href=\"https://ttm.financial/U/3586922733730917\">@Elon2</a><a href=\"https://ttm.financial/U/3559787818034959\">@Ericlam</a><a href=\"https://ttm.financial/U/3555237785078725\">@许哲东</a>","listText":"After my red fish dessert my paws came out again. I'm now back into bear ETFs at 70pc again whatever the gurus are saying <a href=\"https://ttm.financial/S/SPXU\">$S&P 500 Bear 3X ETF(SPXU)$</a><a href=\"https://ttm.financial/S/SQQQ\">$Nasdaq100 Bear 3X ETF(SQQQ)$</a> I'm a day trader not an investor Have a good day everyone and keep collecting coins, thanks to Mr DD <a href=\"https://ttm.financial/U/4113904591642392\">@LMSunshine</a><a href=\"https://ttm.financial/U/3559581955535845\">@koolgal</a><a href=\"https://ttm.financial/U/3581734227956830\">@SirBahamut</a><a href=\"https://ttm.financial/U/3586922733730917\">@Elon2</a><a href=\"https://ttm.financial/U/3559787818034959\">@Ericlam</a><a href=\"https://ttm.financial/U/3555237785078725\">@许哲东</a>","text":"After my red fish dessert my paws came out again. I'm now back into bear ETFs at 70pc again whatever the gurus are saying $S&P 500 Bear 3X ETF(SPXU)$$Nasdaq100 Bear 3X ETF(SQQQ)$ I'm a day trader not an investor Have a good day everyone and keep collecting coins, thanks to Mr DD @LMSunshine@koolgal@SirBahamut@Elon2@Ericlam@许哲东","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":30,"repostSize":0,"link":"https://ttm.financial/post/9983265759","isVote":1,"tweetType":1,"viewCount":632,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4093000606743040","authorId":"4093000606743040","name":"Michelle Ong","avatar":"https://static.tigerbbs.com/be8a2c49f4c3e66700e24774bbbaa8e5","crmLevel":2,"crmLevelSwitch":0,"idStr":"4093000606743040","authorIdStr":"4093000606743040"},"content":"Like back thanks","text":"Like back thanks","html":"Like back thanks"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9045663522,"gmtCreate":1656608240466,"gmtModify":1676535862408,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/WEAT\">$Teucrium Wheat Fund(WEAT)$</a>Despite all that talk about commodities going up because of the Ukraine crisis, why is Weat going down so much?","listText":"<a href=\"https://ttm.financial/S/WEAT\">$Teucrium Wheat Fund(WEAT)$</a>Despite all that talk about commodities going up because of the Ukraine crisis, why is Weat going down so much?","text":"$Teucrium Wheat Fund(WEAT)$Despite all that talk about commodities going up because of the Ukraine crisis, why is Weat going down so much?","images":[{"img":"https://community-static.tradeup.com/news/17b7f4ce4a08660213fb0dca807f40ca","width":"1125","height":"2085"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":13,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9045663522","isVote":1,"tweetType":1,"viewCount":902,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4092664462639970","authorId":"4092664462639970","name":"Phillipsan","avatar":"https://static.tigerbbs.com/9f364c09b985ef2a4f7e1383be3528ad","crmLevel":3,"crmLevelSwitch":0,"idStr":"4092664462639970","authorIdStr":"4092664462639970"},"content":"Good things have been priced in, but I believe in long run commodity still in uptrend with on-going supply disruption and geopolitical tension in Russia","text":"Good things have been priced in, but I believe in long run commodity still in uptrend with on-going supply disruption and geopolitical tension in Russia","html":"Good things have been priced in, but I believe in long run commodity still in uptrend with on-going supply disruption and geopolitical tension in Russia"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9917764722,"gmtCreate":1665589876066,"gmtModify":1676537632835,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"I believe the market will just range now and after CPI it would plunge again as inflation isn't going to drop enough for JeromePowell to relax on rate increases. ","listText":"I believe the market will just range now and after CPI it would plunge again as inflation isn't going to drop enough for JeromePowell to relax on rate increases. ","text":"I believe the market will just range now and after CPI it would plunge again as inflation isn't going to drop enough for JeromePowell to relax on rate increases.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":13,"repostSize":0,"link":"https://ttm.financial/post/9917764722","isVote":1,"tweetType":1,"viewCount":285,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"content":"@LMSunshine @Elon2 @Ericlam @koolgal @Ichua j Join in for coins!","text":"@LMSunshine @Elon2 @Ericlam @koolgal @Ichua j Join in for coins!","html":"@LMSunshine @Elon2 @Ericlam @koolgal @Ichua j Join in for coins!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936909279,"gmtCreate":1662687713391,"gmtModify":1676537118555,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TQQQ\">$Nasdaq100 Bull 3X ETF(TQQQ)$</a><v-v data-views=\"1\"></v-v>Till Sep 21/22. Keep some insurance [Thinking] . I'm a speculator not an investor [Miser] [Sly] ","listText":"<a href=\"https://ttm.financial/S/TQQQ\">$Nasdaq100 Bull 3X ETF(TQQQ)$</a><v-v data-views=\"1\"></v-v>Till Sep 21/22. Keep some insurance [Thinking] . I'm a speculator not an investor [Miser] [Sly] ","text":"$Nasdaq100 Bull 3X ETF(TQQQ)$Till Sep 21/22. Keep some insurance [Thinking] . I'm a speculator not an investor [Miser] [Sly]","images":[{"img":"https://community-static.tradeup.com/news/38847dc9320323ac1d54de46cf1f8c97","width":"1124","height":"2104"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":9,"repostSize":0,"link":"https://ttm.financial/post/9936909279","isVote":1,"tweetType":1,"viewCount":249,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},{"id":9961464330,"gmtCreate":1669025704021,"gmtModify":1676538141316,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/9961464330","repostId":"2284891180","repostType":4,"repost":{"id":"2284891180","pubTimestamp":1669017887,"share":"https://ttm.financial/m/news/2284891180?lang=&edition=fundamental","pubTime":"2022-11-21 16:04","market":"us","language":"en","title":"SPX: A Rallying Stock Market Is Bearish","url":"https://stock-news.laohu8.com/highlight/detail?id=2284891180","media":"Seeking Alpha","summary":"SummaryStocks rallied viciously due to lower inflation data.I believe this bear market rally has som","content":"<html><head></head><body><h2>Summary</h2><ul><li>Stocks rallied viciously due to lower inflation data.</li><li>I believe this bear market rally has some more room to go, but I wouldn’t bet on it.</li><li>The root cause of falling inflation isn’t bullish for stocks.</li><li>In 2023, bad news will be bad news again, and a rallying stock market is bearish.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/41fe2c4feaba1c36352e0d9664de24f3\" tg-width=\"750\" tg-height=\"500\" referrerpolicy=\"no-referrer\"/><span>blewisphotography/iStock via Getty Images</span></p><h2>“Hopium” is back again</h2><p>It doesn’t take much for investors to be optimistic about the markets again. Last week the S&P 500 (SPX) rallied ~6%, and the Nasdaq ~8% after the inflation print came in lower than expected at 7.7% YoY or 0.4% MoM. The PPI data should come in lower too, reflecting the symptoms of a slowing economy and weakening consumer spending.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e8830de04b6cb31c02f372c43e213054\" tg-width=\"1275\" tg-height=\"700\" referrerpolicy=\"no-referrer\"/><span>CPI & PPI YoY Percentage Change (Author Excel with Data from fred.stlouisfed.org)</span></p><p>So far, so unsurprising – not for the market, though. The S&P 500 and the Nasdaq made the bulk of their gains last week right after the CPI report was published. Markets played the pivot book: The Dollar (DXY) withdrew sharply as Yields collapsed, and assets appreciated. The market priced in a higher probability of relative monetary easing of the Federal Reserve due to lower-than-expected inflation. Naturally, the most interest-rate sensitive assets appreciated the most, hence the outperformance of the Nasdaq. Bitcoin (BTC-USD) rose over 10% on that day. Although that gain has to be taken with a caveat because the CPI print followed the day that FTX went bankrupt and Crypto assets collapsed. Therefore, a rebound seemed natural.</p><p>On Thursday, the Nasdaq (NDX) had its best trading day since April 2020. I don’t believe a new bull market has started, however. Huge upswings and short squeezes are characteristic of bear market rallies. The underlying macroeconomic circumstances have not changed enough to put an end to this bear market. I believe this rally is one of the bigger ones, like the bear market rally starting in June 2022. I believe the market can feed off of big short exposure and the narrative that inflation has finally peaked.</p><p>I also believe inflation has peaked, as I cannot imagine that the economy will be able to healthily operate with the immense burden of the sharply risen cost of capital. The previously raised interest rates start to feed into the economy gradually. As Jerome Powell always reminds us: “Monetary Policy works with long and variable lags.” That counts for monetary easing and monetary tightening. Additionally, the basis effect should help keep the YoY inflation rate comparatively low.</p><p>The financial stress that the economy will have to endure during the first half of 2023 seems too high to be bullish at the current valuation level. While analysts have lowered their expectations for 2023 earnings, they are still around ~$220 for the S&P 500 (0% growth), which currently reflects a P/E FWD of 18x. Given the macroeconomic and geopolitical circumstances I believe that is still way too high.</p><p>In the event of a recession, which is my base case, earnings should fall and not only stay flat for 2023. Assuming the earnings multiple for the S&P 500 goes back to its mean of 16x and earnings depreciate by 10% in 2023 (basically guaranteed if a real recession hits), the fair value of the S&P should be around 3,200 points. Of course, the P/E FWD ratio estimate is only for constructing a framework about where the fair value<i>should</i> be. There are many more factors at play.</p><p>After all, the alternative to equities is an investment in basically risk-free US government bonds, which now have moved into the positive real-rate territory across the yield curve. During the last 20 years, expansive monetary policy has moved even the most risk-averse investors into the equity space. Now that risk-free rates have risen, these risk-averse players are attracted by the risk-free yield, especially when compared to equity premiums. This is why I believe that the current drawdown in equities only accounts for the yield rise and not for earnings depreciation. I make the speculation of largely not being invested while waiting until the other shoe drops, most likely in H1/2023.</p><h2>Searching for historical bottoms</h2><p>Usually, the market is forward-looking and doesn’t reflect the economy. However, historically trying to front-run the pivot didn’t work:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8447327903f174e95c5886662c788efe\" tg-width=\"1278\" tg-height=\"700\" referrerpolicy=\"no-referrer\"/><span>Fed Funds & SP500 (Excel from Author using data from fred.stlouisfed.org)</span></p><p>That’s because of the circumstances of the previous pivot points.</p><p>When the Federal Reserve raised rates during the 2000’s it was because the economy was overheating, and the labor market was tight. While rates were rising, the stock market appreciated because of strong fundamentals (rising GDP). After some time, the monetary tightening worked itself into the economy, and the market fundamentals started to worsen. After a period of plateauing rates, the stock market tumbled, and the Federal Reserve was quick to cut rates. While the Federal Reserve was cutting rates the stock market fell even further. Historically, the bottom of the stock market was in only<i>after</i> the Federal Reserve had already cut rates significantly and the liquidity cycle started to move upwards again.</p><p>In 2022, however, we have a different situation. The Federal Reserve tightened monetary policy, and the stock market depreciated <i>because of it</i>. That fundamental difference exists because of inflation.</p><p>During the last 40 years, the overarching trend of inflation was down. Especially in the last 20 years, global Central Banks struggled to create inflation with loose monetary policy. If the economy and the financial markets start to struggle while there is no concern about material inflation or even fear of deflation, then the playbook of Central Banks becomes very easy: stimulate the economy to raise inflation and decrease unemployment.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/93089c2daa2b2a46fe64342b4a9c84db\" tg-width=\"1200\" tg-height=\"659\" referrerpolicy=\"no-referrer\"/><span>Taylor-Rule (Author)</span></p><p>According to the Taylor Rule, the Federal Reserve had to lower interest rates (1-h) so often in the past because inflation was below the long-term inflation rate goal,<i>and</i> (1-g) GDP was also below the long-term production potential. Both parts of the formula demanded monetary easing.</p><p>During 2020-2022 the macroeconomic circumstances changed 180 degrees. Because of several shortages, and most importantly massive fiscal stimulus, which was fully financed by expansive monetary policy, demand exploded while goods were scarce. After inflation came in hot quarter after quarter, the Federal Reserve had to raise rates into a falling stock market for the first time in 20+ years.</p><p>Because of the traditionally backward-looking indicators of Central Banks (i.e. unemployment), the economy appeared red hot while inflation was clearly above the 2% target. These two macroeconomic circumstances basically guaranteed monetary tightening. A falling stock market is appreciated by the Federal Reserve because it resembles tightening financial conditions. Tightening financial conditions should decrease inflation and raise unemployment – the goals of the central bank policy during times like these.</p><h2>Trying to time the pivot?</h2><p>We are in a different situation now, though. Inflation is still way above the 2% target. But the slowdown of the global economy is getting more and more clear by the day. And many of the bubbles fueled by monetary excesses [i.e. Meme-Tech-stocks like Peleton (PTON), Palantir (PLTR), Nikola (NKLA), or Crypto (BTC) / (ETH)] have deflated 80-90% from their highs.</p><p>Many investors ask themselves now: If inflation has peaked and the economy is materially slowing down, why not buy the dip in risk assets? Won’t the Fed Put be back after inflation comes down MoM?</p><p>That sounds like an attractive argument. Hence, I believe the current rally could sustain for the remainder of 2022. There are finally positive news for the stock market to rally. Ultimately, however, I believe the current stock price action is nothing more than a rather violent bear market rally because of the following reasons:</p><h3>1. The Federal Reserve wants to make sure that inflation is dealt with</h3><p>During the speculation mania that followed the March 2020 Covid crash, any doubt about valuation levels was quickly dismissed with the “don’t fight the Fed” mantra. And speculators were right back then. If the liquidity cycle makes a big upswing, you don’t want to be caught off guard shorting stocks because of their stretched valuations. Tesla (TSLA) perma bears painfully had to learn that. But the same counts for when the liquidity cycle is in a downturn and investors are recklessly holding on to their overvalued tech stocks. Fighting the Fed in 2022 means staying invested in long-duration, high-growth, high-valuation equities. Just last week, Powell reiterated the Federal Reserve’s stance to tighten policy until something breaks. Powell seemed confident that it would be easier to put the economy into recession and then rescue it after they overtighten financial conditions. After all, nothing kills inflation like a recession.</p><h3>2. Unemployment is too low</h3><p>Without the labor market breaking and unemployment sharply rising, there is no reason for global Central Banks to meaningfully change the direction of their policy to an accommodative level. During the FOMC meeting, Powell made it clear that rates will likely stay higher for longer than the market currently expects. The Federal Reserve has given up on its attempt of engineering a “softish landing”. Inflation becoming entrenched in the economy is their worst fear, and with the low levels of unemployment, the Central Bank doesn’t have to balance its efforts to slow down inflation. Even after the rate hikes are over, quantitative tightening will worsen financial conditions and be a great hurdle for the stock market.</p><p>Some layoffs have already started. To my belief, tech companies will be able to raise productivity by removing some unnecessary workforce from recent years, where revenue growth was highly monetarily valued, but profitability wasn’t. Facebook (FB), Amazon (AMZN), and Twitter (TWTR) have already started. Alphabet (GOOG) and Apple (AAPL) are likely to follow. If high-paid workers lose their steady income stream, they are likely to sell off some of their accumulated assets in order to have a safety cushion to rely upon. It would be typical that this selling coincides with retail capitulation and a final rise in volatility, which usually marks the low of the bear market. I don’t believe we’re at the end yet, but I don’t want to dismiss the rather orderly decline of stock prices in 2022.</p><h3>3. Bad news will be bad news again</h3><p>I think 2023 will be about the labor market and the effects of higher rates for the housing market and less about the Federal Reserve monetary policy. After all, the bulk of the rate hikes are done, and now it is about how long they can stay this elevated. That’s not as interesting for the stock market as hiking 50-75 basis points per month, at least in terms of forward pricing. As seen last week, the current market is still heavily focused on inflation and the resulting change of the Federal Reserve policy. That’s why bad news about an economic slowdown were bullish. Inflation expectations would decrease, and as a function of that, the Federal Reserve was expected to be less tight.</p><p>I don’t expect the Federal Reserve to immediately cut rates if the labor market eases. Because of that consistency and resilience to lower rates, I think that bad news will be bad news again in 2023. The housing market should come under pressure too, as more and more mortgages have to be refinanced. As of now, the illiquidity of the housing market makes it seem somewhat resilient. But I don’t believe that resiliency will hold in 2023 if rates stay elevated.</p><p>Hiking interest rates for fewer percentage points is less bearish but still not bullish, given how elevated rates already are. The liquidity cycle is still in a downturn, albeit less quickly, and Quantitative Tightening still continues linearly. Until now, much of the Quantitative Tightening got neutralized by a rundown of the US Treasury General account:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5ecc783a2e50ff641e9c70d6bfcb9101\" tg-width=\"1169\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/><span>M2 & US Treasury General Account (fred.stlouisfed.org)</span></p><p>In 2023, the softening impact of decreasing the treasury account in line with Quantitative Easing will still be possible for some time, but not forever. The likelihood of excessive fiscal policy stimulating the economy has decreased too, given the results of the US midterm elections.</p><h3>4. A stock-market rally is bearish</h3><p>Something has to break for the Fed to pivot. If the market reaches previous highs, it only increases the probability that Central banks tighten monetary policy even further. That’s because financial conditions usually ease during stock market rallies. Bond yields usually fall because the market expects accommodative monetary policy, which makes it possible for the Federal Reserve to conduct more Quantitative Tightening because investors buy them, trying to front-run a pivot. To me that seems self-defeating.</p><h2>Summary</h2><p>I believe that in 2023, bad news will be bad news again. Plunging earnings and layoffs will ultimately be bearish for the stock market. The Federal Reserve can only pivot if something breaks. The process of “breaking” usually isn’t bullish for the stock market. Bear markets often end with capitulation, but long-only ETF DCA retail still makes their monthly investments in the S&P 500. Unemployment has to rise to turn these inflows into outflows. Bad news will be bad news, and a rallying stock market will be bearish.</p><p><i>This article is written by Nikolai Galozi for reference only. Please note the risks.</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>SPX: A Rallying Stock Market Is Bearish</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\">\nSPX: A Rallying Stock Market Is Bearish\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-21 16:04 GMT+8 <a href=https://seekingalpha.com/article/4559201-spx-a-rallying-stock-market-is-bearish><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryStocks rallied viciously due to lower inflation data.I believe this bear market rally has some more room to go, but I wouldn’t bet on it.The root cause of falling inflation isn’t bullish for ...</p>\n\n<a href=\"https://seekingalpha.com/article/4559201-spx-a-rallying-stock-market-is-bearish\">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",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://seekingalpha.com/article/4559201-spx-a-rallying-stock-market-is-bearish","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2284891180","content_text":"SummaryStocks rallied viciously due to lower inflation data.I believe this bear market rally has some more room to go, but I wouldn’t bet on it.The root cause of falling inflation isn’t bullish for stocks.In 2023, bad news will be bad news again, and a rallying stock market is bearish.blewisphotography/iStock via Getty Images“Hopium” is back againIt doesn’t take much for investors to be optimistic about the markets again. Last week the S&P 500 (SPX) rallied ~6%, and the Nasdaq ~8% after the inflation print came in lower than expected at 7.7% YoY or 0.4% MoM. The PPI data should come in lower too, reflecting the symptoms of a slowing economy and weakening consumer spending.CPI & PPI YoY Percentage Change (Author Excel with Data from fred.stlouisfed.org)So far, so unsurprising – not for the market, though. The S&P 500 and the Nasdaq made the bulk of their gains last week right after the CPI report was published. Markets played the pivot book: The Dollar (DXY) withdrew sharply as Yields collapsed, and assets appreciated. The market priced in a higher probability of relative monetary easing of the Federal Reserve due to lower-than-expected inflation. Naturally, the most interest-rate sensitive assets appreciated the most, hence the outperformance of the Nasdaq. Bitcoin (BTC-USD) rose over 10% on that day. Although that gain has to be taken with a caveat because the CPI print followed the day that FTX went bankrupt and Crypto assets collapsed. Therefore, a rebound seemed natural.On Thursday, the Nasdaq (NDX) had its best trading day since April 2020. I don’t believe a new bull market has started, however. Huge upswings and short squeezes are characteristic of bear market rallies. The underlying macroeconomic circumstances have not changed enough to put an end to this bear market. I believe this rally is one of the bigger ones, like the bear market rally starting in June 2022. I believe the market can feed off of big short exposure and the narrative that inflation has finally peaked.I also believe inflation has peaked, as I cannot imagine that the economy will be able to healthily operate with the immense burden of the sharply risen cost of capital. The previously raised interest rates start to feed into the economy gradually. As Jerome Powell always reminds us: “Monetary Policy works with long and variable lags.” That counts for monetary easing and monetary tightening. Additionally, the basis effect should help keep the YoY inflation rate comparatively low.The financial stress that the economy will have to endure during the first half of 2023 seems too high to be bullish at the current valuation level. While analysts have lowered their expectations for 2023 earnings, they are still around ~$220 for the S&P 500 (0% growth), which currently reflects a P/E FWD of 18x. Given the macroeconomic and geopolitical circumstances I believe that is still way too high.In the event of a recession, which is my base case, earnings should fall and not only stay flat for 2023. Assuming the earnings multiple for the S&P 500 goes back to its mean of 16x and earnings depreciate by 10% in 2023 (basically guaranteed if a real recession hits), the fair value of the S&P should be around 3,200 points. Of course, the P/E FWD ratio estimate is only for constructing a framework about where the fair valueshould be. There are many more factors at play.After all, the alternative to equities is an investment in basically risk-free US government bonds, which now have moved into the positive real-rate territory across the yield curve. During the last 20 years, expansive monetary policy has moved even the most risk-averse investors into the equity space. Now that risk-free rates have risen, these risk-averse players are attracted by the risk-free yield, especially when compared to equity premiums. This is why I believe that the current drawdown in equities only accounts for the yield rise and not for earnings depreciation. I make the speculation of largely not being invested while waiting until the other shoe drops, most likely in H1/2023.Searching for historical bottomsUsually, the market is forward-looking and doesn’t reflect the economy. However, historically trying to front-run the pivot didn’t work:Fed Funds & SP500 (Excel from Author using data from fred.stlouisfed.org)That’s because of the circumstances of the previous pivot points.When the Federal Reserve raised rates during the 2000’s it was because the economy was overheating, and the labor market was tight. While rates were rising, the stock market appreciated because of strong fundamentals (rising GDP). After some time, the monetary tightening worked itself into the economy, and the market fundamentals started to worsen. After a period of plateauing rates, the stock market tumbled, and the Federal Reserve was quick to cut rates. While the Federal Reserve was cutting rates the stock market fell even further. Historically, the bottom of the stock market was in onlyafter the Federal Reserve had already cut rates significantly and the liquidity cycle started to move upwards again.In 2022, however, we have a different situation. The Federal Reserve tightened monetary policy, and the stock market depreciated because of it. That fundamental difference exists because of inflation.During the last 40 years, the overarching trend of inflation was down. Especially in the last 20 years, global Central Banks struggled to create inflation with loose monetary policy. If the economy and the financial markets start to struggle while there is no concern about material inflation or even fear of deflation, then the playbook of Central Banks becomes very easy: stimulate the economy to raise inflation and decrease unemployment.Taylor-Rule (Author)According to the Taylor Rule, the Federal Reserve had to lower interest rates (1-h) so often in the past because inflation was below the long-term inflation rate goal,and (1-g) GDP was also below the long-term production potential. Both parts of the formula demanded monetary easing.During 2020-2022 the macroeconomic circumstances changed 180 degrees. Because of several shortages, and most importantly massive fiscal stimulus, which was fully financed by expansive monetary policy, demand exploded while goods were scarce. After inflation came in hot quarter after quarter, the Federal Reserve had to raise rates into a falling stock market for the first time in 20+ years.Because of the traditionally backward-looking indicators of Central Banks (i.e. unemployment), the economy appeared red hot while inflation was clearly above the 2% target. These two macroeconomic circumstances basically guaranteed monetary tightening. A falling stock market is appreciated by the Federal Reserve because it resembles tightening financial conditions. Tightening financial conditions should decrease inflation and raise unemployment – the goals of the central bank policy during times like these.Trying to time the pivot?We are in a different situation now, though. Inflation is still way above the 2% target. But the slowdown of the global economy is getting more and more clear by the day. And many of the bubbles fueled by monetary excesses [i.e. Meme-Tech-stocks like Peleton (PTON), Palantir (PLTR), Nikola (NKLA), or Crypto (BTC) / (ETH)] have deflated 80-90% from their highs.Many investors ask themselves now: If inflation has peaked and the economy is materially slowing down, why not buy the dip in risk assets? Won’t the Fed Put be back after inflation comes down MoM?That sounds like an attractive argument. Hence, I believe the current rally could sustain for the remainder of 2022. There are finally positive news for the stock market to rally. Ultimately, however, I believe the current stock price action is nothing more than a rather violent bear market rally because of the following reasons:1. The Federal Reserve wants to make sure that inflation is dealt withDuring the speculation mania that followed the March 2020 Covid crash, any doubt about valuation levels was quickly dismissed with the “don’t fight the Fed” mantra. And speculators were right back then. If the liquidity cycle makes a big upswing, you don’t want to be caught off guard shorting stocks because of their stretched valuations. Tesla (TSLA) perma bears painfully had to learn that. But the same counts for when the liquidity cycle is in a downturn and investors are recklessly holding on to their overvalued tech stocks. Fighting the Fed in 2022 means staying invested in long-duration, high-growth, high-valuation equities. Just last week, Powell reiterated the Federal Reserve’s stance to tighten policy until something breaks. Powell seemed confident that it would be easier to put the economy into recession and then rescue it after they overtighten financial conditions. After all, nothing kills inflation like a recession.2. Unemployment is too lowWithout the labor market breaking and unemployment sharply rising, there is no reason for global Central Banks to meaningfully change the direction of their policy to an accommodative level. During the FOMC meeting, Powell made it clear that rates will likely stay higher for longer than the market currently expects. The Federal Reserve has given up on its attempt of engineering a “softish landing”. Inflation becoming entrenched in the economy is their worst fear, and with the low levels of unemployment, the Central Bank doesn’t have to balance its efforts to slow down inflation. Even after the rate hikes are over, quantitative tightening will worsen financial conditions and be a great hurdle for the stock market.Some layoffs have already started. To my belief, tech companies will be able to raise productivity by removing some unnecessary workforce from recent years, where revenue growth was highly monetarily valued, but profitability wasn’t. Facebook (FB), Amazon (AMZN), and Twitter (TWTR) have already started. Alphabet (GOOG) and Apple (AAPL) are likely to follow. If high-paid workers lose their steady income stream, they are likely to sell off some of their accumulated assets in order to have a safety cushion to rely upon. It would be typical that this selling coincides with retail capitulation and a final rise in volatility, which usually marks the low of the bear market. I don’t believe we’re at the end yet, but I don’t want to dismiss the rather orderly decline of stock prices in 2022.3. Bad news will be bad news againI think 2023 will be about the labor market and the effects of higher rates for the housing market and less about the Federal Reserve monetary policy. After all, the bulk of the rate hikes are done, and now it is about how long they can stay this elevated. That’s not as interesting for the stock market as hiking 50-75 basis points per month, at least in terms of forward pricing. As seen last week, the current market is still heavily focused on inflation and the resulting change of the Federal Reserve policy. That’s why bad news about an economic slowdown were bullish. Inflation expectations would decrease, and as a function of that, the Federal Reserve was expected to be less tight.I don’t expect the Federal Reserve to immediately cut rates if the labor market eases. Because of that consistency and resilience to lower rates, I think that bad news will be bad news again in 2023. The housing market should come under pressure too, as more and more mortgages have to be refinanced. As of now, the illiquidity of the housing market makes it seem somewhat resilient. But I don’t believe that resiliency will hold in 2023 if rates stay elevated.Hiking interest rates for fewer percentage points is less bearish but still not bullish, given how elevated rates already are. The liquidity cycle is still in a downturn, albeit less quickly, and Quantitative Tightening still continues linearly. Until now, much of the Quantitative Tightening got neutralized by a rundown of the US Treasury General account:M2 & US Treasury General Account (fred.stlouisfed.org)In 2023, the softening impact of decreasing the treasury account in line with Quantitative Easing will still be possible for some time, but not forever. The likelihood of excessive fiscal policy stimulating the economy has decreased too, given the results of the US midterm elections.4. A stock-market rally is bearishSomething has to break for the Fed to pivot. If the market reaches previous highs, it only increases the probability that Central banks tighten monetary policy even further. That’s because financial conditions usually ease during stock market rallies. Bond yields usually fall because the market expects accommodative monetary policy, which makes it possible for the Federal Reserve to conduct more Quantitative Tightening because investors buy them, trying to front-run a pivot. To me that seems self-defeating.SummaryI believe that in 2023, bad news will be bad news again. Plunging earnings and layoffs will ultimately be bearish for the stock market. The Federal Reserve can only pivot if something breaks. The process of “breaking” usually isn’t bullish for the stock market. Bear markets often end with capitulation, but long-only ETF DCA retail still makes their monthly investments in the S&P 500. Unemployment has to rise to turn these inflows into outflows. Bad news will be bad news, and a rallying stock market will be bearish.This article is written by Nikolai Galozi for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9918469417,"gmtCreate":1664432954740,"gmtModify":1676537454505,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"I would only pick apple n tesla slowly Save some bullets as bear market deepens. Patience[Smile] ","listText":"I would only pick apple n tesla slowly Save some bullets as bear market deepens. Patience[Smile] ","text":"I would only pick apple n tesla slowly Save some bullets as bear market deepens. Patience[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":9,"repostSize":0,"link":"https://ttm.financial/post/9918469417","repostId":"1135976194","repostType":2,"repost":{"id":"1135976194","pubTimestamp":1664428325,"share":"https://ttm.financial/m/news/1135976194?lang=&edition=fundamental","pubTime":"2022-09-29 13:12","market":"us","language":"en","title":"Big Selling Wave in Stocks Makes for a Buying Opportunity","url":"https://stock-news.laohu8.com/highlight/detail?id=1135976194","media":"MarketWatch","summary":"Institutional investors have been clearing out of stocks. They sold $42 billion worth in the five we","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/f0831fd5f611822a31c2f8f995111791\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Institutional investors have been clearing out of stocks. They sold $42 billion worth in the five weeks ending Sept. 21.</p><p>That followed $51 billion in sales during the five weeks ending Sept. 7 — the biggest selling wave this year, says S&P Global Market Intelligence. Bank of America clients favored defensive names over cyclicals last week, another good contrarian signal telling us it is time be bullish and buy.</p><p>“This is a pretty good buying opportunity,” says David Baron of Baron Focused Growth Fund “Even if there is a slowdown next year, a lot of stocks are pricing in pretty draconian earnings.”</p><p>No one knows for sure what the future will bring. But Baron is worth listening to, judging by his record. His fund beats its mid-cap growth category and Morningstar U.S. mid-cap broad growth index by 14 percentage points annualized over the past five years, according to Morningstar Direct. That’s big outperformance.</p><p>The catch is that it may be a stock pickers’ market.</p><p>“Not everything is going to work together,” says Baron.</p><p>Here are three ways to deal with this.</p><p>1. You can solve this problem by leaving the driving to someone else, such as Baron. His fund gets five stars from Morningstar, the highest, and it charges 1.3% in expenses.</p><p>2. You can take a peek inside his portfolio for stock ideas. “A slowdown does not change our thesis on our stocks. Our companies continue to innovate and continue to grow,” says Baron.</p><p>3. Better yet, take the “meal for a lifetime” approach and consider what you can learn from him about investing.</p><p>I tackled the last two approaches in a recent chat with Baron about his investment approach and his biggest — and most recently purchased — positions.</p><p>Here are five key lessons that might help you improve your returns, with stock examples for each.</p><h2><b>1. Hold concentrated positions</b></h2><p>This one is not for everyone. A lot of investing is about managing risk, and big positions increase your risk considerably because if they go bad, you lose a lot of money. But time and again, I notice that investors who outperform often do so via large position size. (Read <a href=\"https://www.marketwatch.com/story/billionaires-typically-own-concentrated-stock-positions-this-investor-posted-a-30-fold-gain-over-10-years-on-one-little-known-company-11663163019?mod=article_inline\" target=\"_blank\">this other column</a> I wrote.) Talk to a financial adviser to see if this is right for you. But Baron has little doubt when it comes to his own fund. In a world where many managers cap their portfolio exposure to single names at 2% to 3%, at Baron’s fund, over 56% of the portfolio is in eight stocks. Each of those is a 4.5%-or-more position.</p><p>The biggest concentrated position, by far, is Tesla at 20.4%. Baron Funds famously took a large position in Tesla before it went parabolic, and then stuck with it despite the <a href=\"https://www.marketwatch.com/story/tesla-bears-are-now-making-crazy-claims-short-circuiting-their-cause-2019-04-04?mod=article_inline\" target=\"_blank\">vitriolic skepticism</a> toward Tesla CEO Elon Musk.</p><p>Following the stock’s big move in 2020, the fund trimmed it a bit, but Baron is keeping a huge position.</p><p>“We see so much potential, we don’t want to sell,” says Baron. “Of all the companies I cover and [those] analysts come pitch to me, the company I feel the most confidence in is Tesla.”</p><p>Baron thinks the stock could still triple in less than a decade. What will get it there?</p><p>Tesla has created a strong brand with no marketing, and it has a 25% market share in electric cars, which are still in the very early stages of adoption. Only around 4% of vehicles are electric.</p><p>“People think we are going into a slowdown but demand for their cars has never been better,” he says.</p><p>Tesla delivered a million cars last year. It will deliver two million next year, and that’ll hit 20 million a year by the end of the decade, Baron predicts. Tesla produces high gross margins in the upper 20% range because cars that sell for around $50,000 cost around $36,000 to make. Baron thinks Tesla’s battery business could ultimately be as big as the car business.</p><p>The next four big concentrated positions are the privately held Space Exploration Technologies (also run by Musk), the insurer Arch Capital Group, Hyatt Hotels and the real estate market analytics company CoStar Group, at 5% to 6% each. (Holdings are valid as of the end of June.)</p><h2><b>2. Invest in growth</b></h2><p>Baron pays attention to valuations, but the portfolio has a growth bias.</p><p>This brings big exposure to the gaming and lodging sector, which makes up 20% of the portfolio. Baron, who was once a gaming analyst at Jefferies Group, expects solid growth as people continue to want to break free of pandemic lockdown life.</p><p>“People realized in the pandemic that life is short, and they want to get out and do things,” he says.</p><p>Baron tilts his exposure to gaming and lodging companies that serve higher-income consumers.</p><p>Baron thinks that even in a recession, these companies should still generate cash flow above 2019 levels. Wealthier customers will cut back less on spending in any recession. These companies have gotten more efficient by better targeting their marketing and trimming some customer perks. Holdings here include Hyatt, Red Rock Resorts, MGM Resorts International and Vail Resorts.</p><p>Baron also cites Krispy Kreme as a name with growth potential, as it continues to increase its presence in the marketplace, which Krispy Kreme calls “points of sale.” This includes things like prominent displays in convenience stores and supermarkets. Baron thinks Krispy Kreme could post 20% annual earnings growth, producing a double in the stock over the next three to four years.</p><p><b>3. Invest alongside founders</b></p><p>Academic research confirms that founder-run companies tend to outperform. Think Amazon.comnand Facebook parent Meta Platforms which vastly outperformed the market.</p><p>A lesser-known name from Baron’s holdings that fit the bill is Figs. The company sells scrubs, lab coats and related health-care sector apparel designed for comfort, style and durability. Figs stock has fallen sharply to under $10 from highs of around $50 shortly after its May 2021 initial public offering.</p><p>Baron likens Figs to Under Armour, the popular sports apparel company. “People love their product,” he says.</p><p>He thinks sales could double to $1 billion in three years. The company is run by co-founders Heather Hasson and Trina Spear. This is a new position for Baron as of the second quarter.</p><p>Another founder-run company in Baron’s portfolio is CoStar, which offers research and insights on commercial real estate trends and pricing. The company has a competitive advantage because it has the largest research team in the field, and it’s been in business for over 20 years. The company is expanding into residential real estate market analysis. This could help CoStar quadruple revenue or more over the next five years, says Baron. Founder Andrew Florance is the CEO.</p><h2><b>4. Look for large market opportunities</b></h2><p>Tesla is a good example, with its 25% share of the EV business that only makes up 4% of the overall vehicle market. So is another Musk company: Space Exploration Technologies.</p><p>SpaceX has two businesses, its Starlink internet service supported by a constellation of satellites, and its rocket launch business. Starlink has big potential because 3.5 billion people in the world are without internet access.</p><p>“This could be a trillion-dollar revenue business with extremely high margins,” says Baron.</p><p>Starlink recently signed on Royal Caribbean and T-Mobile US as customers. The rocket business has big growth potential because SpaceX can launch at one-tenth the cost of NASA.</p><p>Baron thinks SpaceX could be a 10-bagger over the next seven to 10 years. The problem for regular investors is that SpaceX is still private, and it may be years before it goes public because it doesn’t need cash, says Baron. Unless you are an accredited investor, it’s tough to get privately listed shares. For exposure to this one, owning Baron’s fund is one way to go.</p><h2><b>5. Have some ballast</b></h2><p>A risk with high-growth names is that their stocks can fall hard if growth stumbles a bit. Momentum investors in growth names are quick to sell.</p><p>To offset the risk of high-growth companies like Tesla and SpaceX, Baron likes to hold potentially safer names like Arch Capital Group in insurance and reinsurance. Arch Capital’s stock looks reasonably priced at 1.5 times its $31.37 book value. Second-quarter insurance sector net premiums grew 27.5%, year over year. Baron thinks the stock could double in four or five years.</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>Big Selling Wave in Stocks Makes for a Buying Opportunity</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\">\nBig Selling Wave in Stocks Makes for a Buying Opportunity\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-29 13:12 GMT+8 <a href=https://www.marketwatch.com/story/big-selling-wave-in-stocks-makes-for-a-buying-opportunity-says-baron-manager-who-has-20-of-his-funds-assets-in-tesla-11664385155?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Institutional investors have been clearing out of stocks. They sold $42 billion worth in the five weeks ending Sept. 21.That followed $51 billion in sales during the five weeks ending Sept. 7 — the ...</p>\n\n<a href=\"https://www.marketwatch.com/story/big-selling-wave-in-stocks-makes-for-a-buying-opportunity-says-baron-manager-who-has-20-of-his-funds-assets-in-tesla-11664385155?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":{"ACGL":"艾奇资本","AMZN":"亚马逊","MGM":"美高梅","TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/big-selling-wave-in-stocks-makes-for-a-buying-opportunity-says-baron-manager-who-has-20-of-his-funds-assets-in-tesla-11664385155?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135976194","content_text":"Institutional investors have been clearing out of stocks. They sold $42 billion worth in the five weeks ending Sept. 21.That followed $51 billion in sales during the five weeks ending Sept. 7 — the biggest selling wave this year, says S&P Global Market Intelligence. Bank of America clients favored defensive names over cyclicals last week, another good contrarian signal telling us it is time be bullish and buy.“This is a pretty good buying opportunity,” says David Baron of Baron Focused Growth Fund “Even if there is a slowdown next year, a lot of stocks are pricing in pretty draconian earnings.”No one knows for sure what the future will bring. But Baron is worth listening to, judging by his record. His fund beats its mid-cap growth category and Morningstar U.S. mid-cap broad growth index by 14 percentage points annualized over the past five years, according to Morningstar Direct. That’s big outperformance.The catch is that it may be a stock pickers’ market.“Not everything is going to work together,” says Baron.Here are three ways to deal with this.1. You can solve this problem by leaving the driving to someone else, such as Baron. His fund gets five stars from Morningstar, the highest, and it charges 1.3% in expenses.2. You can take a peek inside his portfolio for stock ideas. “A slowdown does not change our thesis on our stocks. Our companies continue to innovate and continue to grow,” says Baron.3. Better yet, take the “meal for a lifetime” approach and consider what you can learn from him about investing.I tackled the last two approaches in a recent chat with Baron about his investment approach and his biggest — and most recently purchased — positions.Here are five key lessons that might help you improve your returns, with stock examples for each.1. Hold concentrated positionsThis one is not for everyone. A lot of investing is about managing risk, and big positions increase your risk considerably because if they go bad, you lose a lot of money. But time and again, I notice that investors who outperform often do so via large position size. (Read this other column I wrote.) Talk to a financial adviser to see if this is right for you. But Baron has little doubt when it comes to his own fund. In a world where many managers cap their portfolio exposure to single names at 2% to 3%, at Baron’s fund, over 56% of the portfolio is in eight stocks. Each of those is a 4.5%-or-more position.The biggest concentrated position, by far, is Tesla at 20.4%. Baron Funds famously took a large position in Tesla before it went parabolic, and then stuck with it despite the vitriolic skepticism toward Tesla CEO Elon Musk.Following the stock’s big move in 2020, the fund trimmed it a bit, but Baron is keeping a huge position.“We see so much potential, we don’t want to sell,” says Baron. “Of all the companies I cover and [those] analysts come pitch to me, the company I feel the most confidence in is Tesla.”Baron thinks the stock could still triple in less than a decade. What will get it there?Tesla has created a strong brand with no marketing, and it has a 25% market share in electric cars, which are still in the very early stages of adoption. Only around 4% of vehicles are electric.“People think we are going into a slowdown but demand for their cars has never been better,” he says.Tesla delivered a million cars last year. It will deliver two million next year, and that’ll hit 20 million a year by the end of the decade, Baron predicts. Tesla produces high gross margins in the upper 20% range because cars that sell for around $50,000 cost around $36,000 to make. Baron thinks Tesla’s battery business could ultimately be as big as the car business.The next four big concentrated positions are the privately held Space Exploration Technologies (also run by Musk), the insurer Arch Capital Group, Hyatt Hotels and the real estate market analytics company CoStar Group, at 5% to 6% each. (Holdings are valid as of the end of June.)2. Invest in growthBaron pays attention to valuations, but the portfolio has a growth bias.This brings big exposure to the gaming and lodging sector, which makes up 20% of the portfolio. Baron, who was once a gaming analyst at Jefferies Group, expects solid growth as people continue to want to break free of pandemic lockdown life.“People realized in the pandemic that life is short, and they want to get out and do things,” he says.Baron tilts his exposure to gaming and lodging companies that serve higher-income consumers.Baron thinks that even in a recession, these companies should still generate cash flow above 2019 levels. Wealthier customers will cut back less on spending in any recession. These companies have gotten more efficient by better targeting their marketing and trimming some customer perks. Holdings here include Hyatt, Red Rock Resorts, MGM Resorts International and Vail Resorts.Baron also cites Krispy Kreme as a name with growth potential, as it continues to increase its presence in the marketplace, which Krispy Kreme calls “points of sale.” This includes things like prominent displays in convenience stores and supermarkets. Baron thinks Krispy Kreme could post 20% annual earnings growth, producing a double in the stock over the next three to four years.3. Invest alongside foundersAcademic research confirms that founder-run companies tend to outperform. Think Amazon.comnand Facebook parent Meta Platforms which vastly outperformed the market.A lesser-known name from Baron’s holdings that fit the bill is Figs. The company sells scrubs, lab coats and related health-care sector apparel designed for comfort, style and durability. Figs stock has fallen sharply to under $10 from highs of around $50 shortly after its May 2021 initial public offering.Baron likens Figs to Under Armour, the popular sports apparel company. “People love their product,” he says.He thinks sales could double to $1 billion in three years. The company is run by co-founders Heather Hasson and Trina Spear. This is a new position for Baron as of the second quarter.Another founder-run company in Baron’s portfolio is CoStar, which offers research and insights on commercial real estate trends and pricing. The company has a competitive advantage because it has the largest research team in the field, and it’s been in business for over 20 years. The company is expanding into residential real estate market analysis. This could help CoStar quadruple revenue or more over the next five years, says Baron. Founder Andrew Florance is the CEO.4. Look for large market opportunitiesTesla is a good example, with its 25% share of the EV business that only makes up 4% of the overall vehicle market. So is another Musk company: Space Exploration Technologies.SpaceX has two businesses, its Starlink internet service supported by a constellation of satellites, and its rocket launch business. Starlink has big potential because 3.5 billion people in the world are without internet access.“This could be a trillion-dollar revenue business with extremely high margins,” says Baron.Starlink recently signed on Royal Caribbean and T-Mobile US as customers. The rocket business has big growth potential because SpaceX can launch at one-tenth the cost of NASA.Baron thinks SpaceX could be a 10-bagger over the next seven to 10 years. The problem for regular investors is that SpaceX is still private, and it may be years before it goes public because it doesn’t need cash, says Baron. Unless you are an accredited investor, it’s tough to get privately listed shares. For exposure to this one, owning Baron’s fund is one way to go.5. Have some ballastA risk with high-growth names is that their stocks can fall hard if growth stumbles a bit. Momentum investors in growth names are quick to sell.To offset the risk of high-growth companies like Tesla and SpaceX, Baron likes to hold potentially safer names like Arch Capital Group in insurance and reinsurance. Arch Capital’s stock looks reasonably priced at 1.5 times its $31.37 book value. Second-quarter insurance sector net premiums grew 27.5%, year over year. Baron thinks the stock could double in four or five years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9042254497,"gmtCreate":1656486385319,"gmtModify":1676535839082,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"It's more like immediate quelling response. More factual disclosure would follow. They have to be above board to list in Sgx😄","listText":"It's more like immediate quelling response. More factual disclosure would follow. They have to be above board to list in Sgx😄","text":"It's more like immediate quelling response. More factual disclosure would follow. They have to be above board to list in Sgx😄","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9042254497","repostId":"1131973774","repostType":2,"repost":{"id":"1131973774","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1656479352,"share":"https://ttm.financial/m/news/1131973774?lang=&edition=fundamental","pubTime":"2022-06-29 13:09","market":"us","language":"en","title":"NIO Inc. Responds to Short Seller Report","url":"https://stock-news.laohu8.com/highlight/detail?id=1131973774","media":"Tiger Newspress","summary":"NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) today issued the following statement in response to alleg","content":"<html><head></head><body><p>NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) today issued the following statement in response to allegations made in a report by Grizzly Research LLC, a short seller.</p><p>The report is without merit and contains numerous errors, unsupported speculations and misleading conclusions and interpretations regarding information relating to the Company. The Company's board of directors, including the audit committee, is reviewing the allegations and considering the appropriate course of action to protect the interests of all shareholders. The Company will make additional disclosures in due course consistent with the requirements of applicable rules and regulations of the Securities and Exchange Commission, the New York Stock Exchange, The Stock Exchange of Hong Kong Limited (the “SEHK”) and the Singapore Exchange Securities Trading Limited (the “SGX-ST”).</p><p>The Company emphasizes its continued and unwavering commitment to maintaining high standards of corporate governance and internal control, as well as transparent and timely disclosure in compliance with applicable rules and regulations.</p><p>Short-seller Grizzly Research released a negative research report on Chinese electric vehicle maker Nio (NYSE: NIO) Tuesday.</p><p>In the report, Grizzly states they believe Nio "plays valeant-esque accounting games to inflate revenue and boost net income margins to meet targets."</p><p>Despite their significant fall from all-time highs during the Covid pandemic, Nio shares are still up considerably from pre-pandemic levels, making it one of China's most valuable electric vehicle companies.</p><p>"Allow us to introduce you to Wuhan Weineng ("Weineng"), the convenient difference-maker helping NIO exceed lofty growth and profitability estimates on The Street. Despite being formed by NIO and a consortium of investors in late 2020, this unconsolidated related party has already generated billions in revenue for NIO," Grizzly said. "While this rapid growth is impressive on the surface, our investigation has found Weineng might be to NIO what Philidor was to Valeant. Just as Philidor aided Valeant in habitually making numbers, NIO has curiously exceeded estimates since establishing Weineng."</p><p>Grizzly believes sales to Weineng have inflated Nio's revenue and net income by 10% and 95%, respectively.</p><p>"Specifically, we find that at least 60% of its FY2021 earnings beat seems attributable to Weineng."</p><p>In further claims, the report states NIO gave Weineng up to an extra 21,053 batteries to boost its numbers, Weineng's top two executives double as NIO's Vice President and Battery Operating Executive Manager, and NIO's Chairman and CEO, Bin Li, is closely tied to parties central to the Luckin Coffee Fraud.</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 Inc. Responds to Short Seller Report</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 Inc. Responds to Short Seller Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-06-29 13:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) today issued the following statement in response to allegations made in a report by Grizzly Research LLC, a short seller.</p><p>The report is without merit and contains numerous errors, unsupported speculations and misleading conclusions and interpretations regarding information relating to the Company. The Company's board of directors, including the audit committee, is reviewing the allegations and considering the appropriate course of action to protect the interests of all shareholders. The Company will make additional disclosures in due course consistent with the requirements of applicable rules and regulations of the Securities and Exchange Commission, the New York Stock Exchange, The Stock Exchange of Hong Kong Limited (the “SEHK”) and the Singapore Exchange Securities Trading Limited (the “SGX-ST”).</p><p>The Company emphasizes its continued and unwavering commitment to maintaining high standards of corporate governance and internal control, as well as transparent and timely disclosure in compliance with applicable rules and regulations.</p><p>Short-seller Grizzly Research released a negative research report on Chinese electric vehicle maker Nio (NYSE: NIO) Tuesday.</p><p>In the report, Grizzly states they believe Nio "plays valeant-esque accounting games to inflate revenue and boost net income margins to meet targets."</p><p>Despite their significant fall from all-time highs during the Covid pandemic, Nio shares are still up considerably from pre-pandemic levels, making it one of China's most valuable electric vehicle companies.</p><p>"Allow us to introduce you to Wuhan Weineng ("Weineng"), the convenient difference-maker helping NIO exceed lofty growth and profitability estimates on The Street. Despite being formed by NIO and a consortium of investors in late 2020, this unconsolidated related party has already generated billions in revenue for NIO," Grizzly said. "While this rapid growth is impressive on the surface, our investigation has found Weineng might be to NIO what Philidor was to Valeant. Just as Philidor aided Valeant in habitually making numbers, NIO has curiously exceeded estimates since establishing Weineng."</p><p>Grizzly believes sales to Weineng have inflated Nio's revenue and net income by 10% and 95%, respectively.</p><p>"Specifically, we find that at least 60% of its FY2021 earnings beat seems attributable to Weineng."</p><p>In further claims, the report states NIO gave Weineng up to an extra 21,053 batteries to boost its numbers, Weineng's top two executives double as NIO's Vice President and Battery Operating Executive Manager, and NIO's Chairman and CEO, Bin Li, is closely tied to parties central to the Luckin Coffee Fraud.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO.SI":"蔚来","NIO":"蔚来","09866":"蔚来-SW"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131973774","content_text":"NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) today issued the following statement in response to allegations made in a report by Grizzly Research LLC, a short seller.The report is without merit and contains numerous errors, unsupported speculations and misleading conclusions and interpretations regarding information relating to the Company. The Company's board of directors, including the audit committee, is reviewing the allegations and considering the appropriate course of action to protect the interests of all shareholders. The Company will make additional disclosures in due course consistent with the requirements of applicable rules and regulations of the Securities and Exchange Commission, the New York Stock Exchange, The Stock Exchange of Hong Kong Limited (the “SEHK”) and the Singapore Exchange Securities Trading Limited (the “SGX-ST”).The Company emphasizes its continued and unwavering commitment to maintaining high standards of corporate governance and internal control, as well as transparent and timely disclosure in compliance with applicable rules and regulations.Short-seller Grizzly Research released a negative research report on Chinese electric vehicle maker Nio (NYSE: NIO) Tuesday.In the report, Grizzly states they believe Nio \"plays valeant-esque accounting games to inflate revenue and boost net income margins to meet targets.\"Despite their significant fall from all-time highs during the Covid pandemic, Nio shares are still up considerably from pre-pandemic levels, making it one of China's most valuable electric vehicle companies.\"Allow us to introduce you to Wuhan Weineng (\"Weineng\"), the convenient difference-maker helping NIO exceed lofty growth and profitability estimates on The Street. Despite being formed by NIO and a consortium of investors in late 2020, this unconsolidated related party has already generated billions in revenue for NIO,\" Grizzly said. \"While this rapid growth is impressive on the surface, our investigation has found Weineng might be to NIO what Philidor was to Valeant. Just as Philidor aided Valeant in habitually making numbers, NIO has curiously exceeded estimates since establishing Weineng.\"Grizzly believes sales to Weineng have inflated Nio's revenue and net income by 10% and 95%, respectively.\"Specifically, we find that at least 60% of its FY2021 earnings beat seems attributable to Weineng.\"In further claims, the report states NIO gave Weineng up to an extra 21,053 batteries to boost its numbers, Weineng's top two executives double as NIO's Vice President and Battery Operating Executive Manager, and NIO's Chairman and CEO, Bin Li, is closely tied to parties central to the Luckin Coffee Fraud.","news_type":1},"isVote":1,"tweetType":1,"viewCount":308,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574252569958688","authorId":"3574252569958688","name":"alanyeo","avatar":"https://community-static.tradeup.com/news/c143ec51d09c45e31e9ff8dacb742087","crmLevel":2,"crmLevelSwitch":0,"idStr":"3574252569958688","authorIdStr":"3574252569958688"},"content":"The only competitive advantage that we had then was by shortening the time required to list their companies, usually within 6 mths, & this came at a cost in which many investors suffered ultimately.","text":"The only competitive advantage that we had then was by shortening the time required to list their companies, usually within 6 mths, & this came at a cost in which many investors suffered ultimately.","html":"The only competitive advantage that we had then was by shortening the time required to list their companies, usually within 6 mths, & this came at a cost in which many investors suffered ultimately."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9930341118,"gmtCreate":1661907582836,"gmtModify":1676536601188,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SQQQ\">$Nasdaq100 Bear 3X ETF(SQQQ)$</a>stocks will getlower no doubt about that. All the signsare there in the news on inflation, the dragging war in Ukraine and both the US n European central banks fighting inflation plus looming food shortages","listText":"<a href=\"https://ttm.financial/S/SQQQ\">$Nasdaq100 Bear 3X ETF(SQQQ)$</a>stocks will getlower no doubt about that. All the signsare there in the news on inflation, the dragging war in Ukraine and both the US n European central banks fighting inflation plus looming food shortages","text":"$Nasdaq100 Bear 3X ETF(SQQQ)$stocks will getlower no doubt about that. All the signsare there in the news on inflation, the dragging war in Ukraine and both the US n European central banks fighting inflation plus looming food shortages","images":[{"img":"https://community-static.tradeup.com/news/4c56fbedfa00054fba0d45dabeeb09d0","width":"771","height":"1050"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/9930341118","isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9986515592,"gmtCreate":1666982967917,"gmtModify":1676537844241,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"🎃🎃🎃<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a>Trick or Treat 🦇🙈🧸🔱🦇🦇🦇👻😿","listText":"🎃🎃🎃<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a>Trick or Treat 🦇🙈🧸🔱🦇🦇🦇👻😿","text":"🎃🎃🎃$Tiger Brokers(TIGR)$Trick or Treat 🦇🙈🧸🔱🦇🦇🦇👻😿","images":[{"img":"https://community-static.tradeup.com/news/bba5d4e94092f8a848f38d2092132d29","width":"722","height":"676"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/9986515592","isVote":1,"tweetType":1,"viewCount":169,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4129515130099342","authorId":"4129515130099342","name":"Tony13141111","avatar":"https://community-static.tradeup.com/news/679e74b98ae2ceef7bbb4a1ee6633fbd","crmLevel":1,"crmLevelSwitch":0,"idStr":"4129515130099342","authorIdStr":"4129515130099342"},"content":"How much have you got","text":"How much have you got","html":"How much have you got"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9926456907,"gmtCreate":1671616293310,"gmtModify":1676538564358,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9926456907","repostId":"2292433763","repostType":4,"repost":{"id":"2292433763","pubTimestamp":1671610356,"share":"https://ttm.financial/m/news/2292433763?lang=&edition=fundamental","pubTime":"2022-12-21 16:12","market":"us","language":"en","title":"2 Growth Stocks That Could Help Make You a Fortune","url":"https://stock-news.laohu8.com/highlight/detail?id=2292433763","media":"Motley Fool","summary":"These companies are booking wins even in the current environment.","content":"<html><head></head><body><p>Most investors won't get rich in the stock market overnight. The good news is, as a long-term investor, you don't need to implement complicated strategies or investing games to build a portfolio that stands the test of time.</p><p>By letting a pattern of regularly buying and adding to wonderful companies become your habit in both bear and bull environments, you participate in both the peaks and valleys of market cycles without undermining your long-term investing strategy.</p><p>On that note, let's take a look at two fantastic buy-and-hold growth stocks that can enrich your portfolio returns many times over in the years to come.</p><h2><b>1. Airbnb</b></h2><p>The travel industry has dealt with its fair share of hurdles over the last few years, and it could be in for more challenges ahead, particularly if the macro environment officially veers into a recession. <b>Airbnb</b> has managed to buck many of the trends impacting the broader travel industry. Despite the fact shares are still down roughly 45% over the past 12 months, this sell-off traces its roots back to broad investor sentiment around growth stocks rather than specific issues with the company itself.</p><p>If anything, Airbnb's recovery has left most of the wider travel industry in the dust. As many growth businesses are struggling to retain headway in the current environment, the company continues to report quarter after quarter of strong growth. Even if this was to slow down in the near term in the event of a recession, Airbnb has built a solid foundation upon which it can launch itself into future, sustained business returns.</p><p>While global travel spending is slowing as consumers fear more economic pitfalls ahead, a huge catalyst behind Airbnb's continued expansion is tied to the fact the platform caters to a wide variety of consumers and travelers. Certainly, people use Airbnb to book short-term or vacation rentals, but more and more customers are turning to the platform to locate homes they can stay in for a much longer duration. In fact, approximately one-fifth of all gross bookings processed on Airbnb's platform are derived from long-term stays, which are bookings of 28 days or longer.</p><p>Airbnb's revenue jumped 29% year over year to $2.9 billion in the most recent quarter, while its net income rose 46% from the year-ago period to $1.2 billion. The third quarter was its most profitable to date. The company has proven time and again its platform remains well positioned to grow.</p><p>From business travelers and tourists to digital nomads, Airbnb's platform has something for everyone. It's this versatility, not to mention the vital stream of income that Airbnb provides to its more than four million hosts globally, that can fuel the consistent demand the company needs to grow in the near term and for many years to come.</p><h2><b>2. Shopify </b></h2><p><b>Shopify</b> isn't the the investor favorite that it was in the earlier days of the pandemic, but overlooking the stock due to its near-term challenges could be a mistake in the long run. Shares of Shopify are trading down by about 74% from the beginning of this year, and this has occurred for a few different reasons.</p><p>Investors have understandably been concerned about the company's turn into GAAP unprofitability in recent quarters. And as investors shy away from growth-oriented businesses with less capital flowing into the markets and macroeconomic conditions presenting elevated risk, this has also put severe downward pressure on the stock.</p><p>As always, it's important to look at the reason behind a stock's movements before you determine whether or not it's a wise addition to your portfolio. As for Shopify's recent losses, this goes back broadly to its continual pattern of aggressively investing in its business growth and the heavy use of stock-based compensation. In the first nine months of 2022 alone, Shopify spent $932 million on sales and marketing, compared to $626 million in the same period last year.</p><p>It's also worth noting that Shopify's results have been affected by its portfolio of equity investments. The company has large stakes in heavily beaten-down tech stocks <b>Affirm</b> and <b>Global-e Online</b>, both of which it also has long-standing partnerships with. And just like individual investors have seen many equity investments decline over the last year, the same can be said of Shopify. Still, the company is making progress on a multitude of fronts. Shopify's addition of Deliverr to its fulfillment network earlier this year is key to enable its long-term growth, retain and expand its merchant network, and reduce exposure to the impact of future supply chain disruptions.</p><p>The platform remains a go-to for business owners around the world to do everything from launch a brand from scratch to seamlessly integrate an online store with a brick-and-mortar presence. In the first nine months of 2022, Shopify's top line jumped 20% year over year to $3.9 billion. Meanwhile, Shopify had $4.9 billion in cash and investments on its balance sheet at the end of the period.</p><p>While Shopify's spending to build out its business will weigh on its bottom line in the near term, this can also position it for continued growth and enable it to retain its competitiveness over the long term. This ultimately bodes well for investors who take a buy-and-hold approach to the stock.</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 Growth Stocks That Could Help Make You a Fortune</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 Growth Stocks That Could Help Make You a Fortune\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-21 16:12 GMT+8 <a href=https://www.fool.com/investing/2022/12/20/2-growth-stocks-that-could-help-make-you-a-fortune/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Most investors won't get rich in the stock market overnight. The good news is, as a long-term investor, you don't need to implement complicated strategies or investing games to build a portfolio that ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/12/20/2-growth-stocks-that-could-help-make-you-a-fortune/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SHOP":"Shopify Inc","BK4142":"酒店、度假村与豪华游轮","BK4548":"巴美列捷福持仓","BK4535":"淡马锡持仓","BK4524":"宅经济概念","BK4551":"寇图资本持仓","BK4561":"索罗斯持仓","BK4116":"互联网服务与基础架构","BK4505":"高瓴资本持仓","BK4528":"SaaS概念","ABNB":"爱彼迎","BK4532":"文艺复兴科技持仓","BK4566":"资本集团"},"source_url":"https://www.fool.com/investing/2022/12/20/2-growth-stocks-that-could-help-make-you-a-fortune/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2292433763","content_text":"Most investors won't get rich in the stock market overnight. The good news is, as a long-term investor, you don't need to implement complicated strategies or investing games to build a portfolio that stands the test of time.By letting a pattern of regularly buying and adding to wonderful companies become your habit in both bear and bull environments, you participate in both the peaks and valleys of market cycles without undermining your long-term investing strategy.On that note, let's take a look at two fantastic buy-and-hold growth stocks that can enrich your portfolio returns many times over in the years to come.1. AirbnbThe travel industry has dealt with its fair share of hurdles over the last few years, and it could be in for more challenges ahead, particularly if the macro environment officially veers into a recession. Airbnb has managed to buck many of the trends impacting the broader travel industry. Despite the fact shares are still down roughly 45% over the past 12 months, this sell-off traces its roots back to broad investor sentiment around growth stocks rather than specific issues with the company itself.If anything, Airbnb's recovery has left most of the wider travel industry in the dust. As many growth businesses are struggling to retain headway in the current environment, the company continues to report quarter after quarter of strong growth. Even if this was to slow down in the near term in the event of a recession, Airbnb has built a solid foundation upon which it can launch itself into future, sustained business returns.While global travel spending is slowing as consumers fear more economic pitfalls ahead, a huge catalyst behind Airbnb's continued expansion is tied to the fact the platform caters to a wide variety of consumers and travelers. Certainly, people use Airbnb to book short-term or vacation rentals, but more and more customers are turning to the platform to locate homes they can stay in for a much longer duration. In fact, approximately one-fifth of all gross bookings processed on Airbnb's platform are derived from long-term stays, which are bookings of 28 days or longer.Airbnb's revenue jumped 29% year over year to $2.9 billion in the most recent quarter, while its net income rose 46% from the year-ago period to $1.2 billion. The third quarter was its most profitable to date. The company has proven time and again its platform remains well positioned to grow.From business travelers and tourists to digital nomads, Airbnb's platform has something for everyone. It's this versatility, not to mention the vital stream of income that Airbnb provides to its more than four million hosts globally, that can fuel the consistent demand the company needs to grow in the near term and for many years to come.2. Shopify Shopify isn't the the investor favorite that it was in the earlier days of the pandemic, but overlooking the stock due to its near-term challenges could be a mistake in the long run. Shares of Shopify are trading down by about 74% from the beginning of this year, and this has occurred for a few different reasons.Investors have understandably been concerned about the company's turn into GAAP unprofitability in recent quarters. And as investors shy away from growth-oriented businesses with less capital flowing into the markets and macroeconomic conditions presenting elevated risk, this has also put severe downward pressure on the stock.As always, it's important to look at the reason behind a stock's movements before you determine whether or not it's a wise addition to your portfolio. As for Shopify's recent losses, this goes back broadly to its continual pattern of aggressively investing in its business growth and the heavy use of stock-based compensation. In the first nine months of 2022 alone, Shopify spent $932 million on sales and marketing, compared to $626 million in the same period last year.It's also worth noting that Shopify's results have been affected by its portfolio of equity investments. The company has large stakes in heavily beaten-down tech stocks Affirm and Global-e Online, both of which it also has long-standing partnerships with. And just like individual investors have seen many equity investments decline over the last year, the same can be said of Shopify. Still, the company is making progress on a multitude of fronts. Shopify's addition of Deliverr to its fulfillment network earlier this year is key to enable its long-term growth, retain and expand its merchant network, and reduce exposure to the impact of future supply chain disruptions.The platform remains a go-to for business owners around the world to do everything from launch a brand from scratch to seamlessly integrate an online store with a brick-and-mortar presence. In the first nine months of 2022, Shopify's top line jumped 20% year over year to $3.9 billion. Meanwhile, Shopify had $4.9 billion in cash and investments on its balance sheet at the end of the period.While Shopify's spending to build out its business will weigh on its bottom line in the near term, this can also position it for continued growth and enable it to retain its competitiveness over the long term. This ultimately bodes well for investors who take a buy-and-hold approach to the stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":60,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9920820252,"gmtCreate":1670466016476,"gmtModify":1676538374087,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"Despite all that employment data it's still scary as people are losing jobs by the day...","listText":"Despite all that employment data it's still scary as people are losing jobs by the day...","text":"Despite all that employment data it's still scary as people are losing jobs by the day...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/9920820252","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&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.</p><p>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.</p><p>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.</p><p>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.</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'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>"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.</p><p>"The market is trying to balance the headwinds and the tailwinds and this is causing some confusion."</p><p>The CBOE volatility index, also known as Wall Street'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&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&P 500 is on track to snap a three-year winning streak.</p><p>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.</p><p>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.</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's stock to "underperform" from "neutral" 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&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&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.</p><p>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.</p><p>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.</p><p>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.</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'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>"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.</p><p>"The market is trying to balance the headwinds and the tailwinds and this is causing some confusion."</p><p>The CBOE volatility index, also known as Wall Street'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&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&P 500 is on track to snap a three-year winning streak.</p><p>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.</p><p>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.</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's stock to "underperform" from "neutral" 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&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":{".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":"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":255,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917592938,"gmtCreate":1665536891224,"gmtModify":1676537622761,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"Ok. Just tip a little toe first. At this stage can just do it slowly[Smile] ","listText":"Ok. Just tip a little toe first. At this stage can just do it slowly[Smile] ","text":"Ok. Just tip a little toe first. At this stage can just do it slowly[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/9917592938","repostId":"2274509950","repostType":4,"isVote":1,"tweetType":1,"viewCount":70,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9913845995,"gmtCreate":1663975514117,"gmtModify":1676537371839,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"Like ","listText":"Like ","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/9913845995","repostId":"2269458235","repostType":4,"isVote":1,"tweetType":1,"viewCount":100,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9987780611,"gmtCreate":1667994400433,"gmtModify":1676537995902,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9987780611","repostId":"1157692624","repostType":4,"repost":{"id":"1157692624","pubTimestamp":1668008277,"share":"https://ttm.financial/m/news/1157692624?lang=&edition=fundamental","pubTime":"2022-11-09 23:37","market":"us","language":"en","title":"Even At The 12-Month Low, Tesla Is Not A Compelling Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=1157692624","media":"Seeking Alpha","summary":"SummaryTSLA is trading at 12-month lows.Rising interest rates, Q3's revenue miss, and slowing sales ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>TSLA is trading at 12-month lows.</li><li>Rising interest rates, Q3's revenue miss, and slowing sales in China are immediate concerns.</li><li>The Wall Street consensus rating is a buy, with a consensus 12-month price target that is about 50% above the current share price.</li><li>The very high dispersion in the individual analyst price targets reduces confidence in the meaningfulness of the consensus.</li><li>The market-implied outlook (calculated from options prices) is slightly bullish through the end of 2022, but bearish to mid-2023.</li></ul><p>Shares of Tesla (NASDAQ: TSLA) have fallen by 15% from the closing price on October 31st and are down 51.6% from the 12-month high closing price of $399.93 on January 3rd. The shares are currently trading at 12-month lows. The drop in the share price since the end of October is largely attributable to declining vehicle sales in China for October, with the company cutting the prices of the Model 3 and Model Y by 9% to maintain demand. The market response to the China news was probably exacerbated by growing concerns after TSLA’s revenue miss for Q3(reported on October 19th).</p><p><img src=\"https://static.tigerbbs.com/ed96ee922a9178151466be6bb913196e\" tg-width=\"1280\" tg-height=\"382\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>12-Month price history and basic statistics for TSLA above.</p><p>Tesla’s valuation depends on continued rapid growth in revenues and earnings. This fact makes the share value quite sensitive to changes in interest rates. The theoretical value of a stock is the net present value of future earnings. The further into the future that these earnings are expected, the larger the compounded impact of increasing the discount rate, which depends on current interest rates. Rising interest rates are one of the factors driving TSLA down.</p><p>The prevailing view among Wall Street analysts is that TSLA can maintain recent years’ incredibly rapid growth rates. The consensus for the rate of EPS growth over the next 3 to 5 years is 31.6% per year. If the company fails to deliver earnings in line with this outlook, the share valuation is likely to decline.</p><p><img src=\"https://static.tigerbbs.com/bddbc4100fa6280bf6fcc0ef8b86d03a\" tg-width=\"1280\" tg-height=\"418\" referrerpolicy=\"no-referrer\"/></p><p>ETrade</p><p>Trailing (3 years) and estimated future quarterly EPS for TSLA. Green (red) values are amounts by which EPS beat (missed) the consensus expected EPS above.</p><p>Tesla has generated growth rates that amply demonstrate the company’s exceptionalism. TSLA’s YoY revenue growth rate is59.8%, as compared to 4.5% for Toyota (TM), 6.6% for Mercedes-Benz Group (OTCPK: MBGAF), 12.4% for General Motors (GM), and 12.7% for Ford (F). TSLA also has gross profit margins that are higher than those of these competing firms. Given the massive difference in scale of production, TSLA’s higher profit margins are impressive. The question for investors is whether the current share valuation makes sense, given that this valuation is sensitive to interest rates and depends on maintaining heroic growth rates.</p><p>I last wrote about TSLA on May 25, 2022, about 5 ½ months ago, and I maintained a sell rating on the shares. At that time, the Wall Street consensus rating on TSLA was a buy and the consensus 12-month price target was almost 50% above the share price. One red flag from the analyst outlooks was the extremely high dispersion among the individual price targets. Research has shown that the consensus price target is a meaningful predictor only when the spread in individual price targets is quite low. In fact, a consensus price target that implies a high return is actually a bearish indicator when the spread in the individual price targets is high. The valuation, then as now, was a concern and required incredible growth rates to be justified. I also noted that rising interest rates put downward pressure on the shares. I also looked at the market-implied outlook, a probabilistic price forecast that represents the consensus view from the options market. The market-implied outlook to mid-January of 2023 was substantially bearish. In the 5 ½ months since this post, TSLA has returned -13.3% vs. -4.26% for the S&P 500 (not including dividends).</p><p><img src=\"https://static.tigerbbs.com/1c08822d1f3055ab12bf6e9e8a7ea386\" tg-width=\"1280\" tg-height=\"186\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>Previous analysis of TSLA and subsequent performance vs. the S&P 500 above.</p><p>For readers who are unfamiliar with the market-implied outlook, a brief explanation is needed. The price of an option on a stock is largely determined by the market’s consensus estimate of the probability that the stock price will rise above (call option) or fall below (put option) a specific level (the option strike price) between now and when the option expires. By analyzing the prices of call and put options at a range of strike prices, all with the same expiration date, it is possible to calculate a probabilistic price forecast that reconciles the options prices. This is the market-implied outlook. For a deeper explanation and background, I recommend this monograph published by the CFA Institute.</p><p>With TSLA trading at 12-month lows, I have calculated updated market-implied outlooks and I have compared these with the Wall Street consensus outlook in revisiting my rating.</p><p><b>Wall Street Consensus Outlook for TSLA</b></p><p>ETrade calculates the Wall Street consensus outlook for TSLA using price targets and ratings from 29 ranked analysts who have published their views over the past 3 months. The consensus rating is a buy and the consensus 12-month price targets is 57.7% above the current share price. As in my post from May, there is an enormous spread among the individual price targets. As a rule of thumb, I discount the consensus price target when the ratio of the highest to lowest price target is greater than 2. In this case, the ratio is 10.4 ($760 / $73).</p><p><img src=\"https://static.tigerbbs.com/615c8d0e04e8918e25b7385e2bad7c26\" tg-width=\"1280\" tg-height=\"855\" referrerpolicy=\"no-referrer\"/></p><p>ETrade</p><p>Wall Street analyst consensus rating and 12-month price target for TSLA above.</p><p>Seeking Alpha’s version of the Wall Street consensus outlook is calculated using the views of 35 analysts who have published ratings and price targets within the last 90 days. The consensus rating is a buy and the consensus 12-month price target is 47.2% above the current share price. I don’t put much weight on this number, however, because of the very large spread among the individual price targets.</p><p><img src=\"https://static.tigerbbs.com/797d6141699490e50d24fb2784e632e1\" tg-width=\"1280\" tg-height=\"882\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>Wall Street analyst consensus rating and 12-month price target for TSLA above.</p><p>In the current results, as in my previous posts on TSLA in May of 2022 and in April of 2021, the spread among the individual analyst price targets is extremely high. This, in turn, suggests that the consensus outlook is unlikely to have predictive value. The consensus price target that is about 50% above the current share price, along with the large spread in individual price targets, may actually be a bearish indicator.</p><p><b>Market-Implied Outlook for TSLA</b></p><p>I have calculated the market-implied outlook for TSLA for the 2.4-month period from now until January 20, 2023 and for the 7.2-month period from now until June 16, 2023, using the prices of call and put options that expire on these dates. I selected these two expiration dates to provide a view through the end of 2022 and to the middle of 2023. In addition, options with expiration dates in January and June tend to be highly traded, increasing the confidence in the representativeness of the market-implied outlook.</p><p>The standard presentation of the market-implied outlook is a probability distribution of price return, with probability on the vertical axis and return on the horizontal.</p><p><img src=\"https://static.tigerbbs.com/44f689bc8494e22307e8401f8fcc1ac2\" tg-width=\"966\" tg-height=\"557\" referrerpolicy=\"no-referrer\"/></p><p>Geoff Considine</p><p>Market-implied price return probabilities for TSLA for the 2.4-month period from now until January 20, 2023, above.</p><p>The market-implied outlook to mid-January of 2023 is very symmetric, with probabilities of positive returns that are very close to those for negative returns of the same magnitude. The expected volatility calculated from this outlook is 62% (annualized). For comparison, ETrade calculates a 59% implied volatility for the January options.</p><p>To make it easier to compare the relative probabilities of positive and negative returns, I rotate the negative return side of the distribution about the vertical axis (see chart below).</p><p><img src=\"https://static.tigerbbs.com/67eb2da8e00a45afb6a60092265c1c8c\" tg-width=\"897\" tg-height=\"557\" referrerpolicy=\"no-referrer\"/></p><p>Geoff Considine</p><p>Market-implied price return probabilities for TSLA for the 2.4-month period from now until January 20, 2023. The negative return side of the distribution has been rotated about the vertical axis above.</p><p>This view shows just how closely the probabilities of positive and negative returns match up, across the entire range of possible outcomes (the solid blue line and the dashed red line are basically on top of one another). These results indicate a neutral outlook for the next 2.4 months.</p><p>Theory indicates that the market-implied outlook is expected to have a negative bias because investors, in aggregate, are risk averse and thus tend to pay more than fair value for downside protection. There is no way to measure the magnitude of this bias, or whether it is even present, however. The expectation of a negative bias shifts what would otherwise look like a neutral outlook to a slightly bullish view.</p><p>The market-implied outlook for the 7.2-month period from now until June 16, 2023 has probabilities of negative returns that are consistently higher than those for positive returns, across a wide range of possible outcomes (the dashed red line is consistently above the solid blue line over the left ⅔ of the chart below). The maximum probability corresponds to a price return of -21%. Even with consideration of a potential negative bias, I interpret this outlook as bearish. The expected volatility calculated from this distribution is 63% (annualized).</p><p><img src=\"https://static.tigerbbs.com/6f17528781a49f411c10295d132d77cf\" tg-width=\"897\" tg-height=\"557\" referrerpolicy=\"no-referrer\"/></p><p>Geoff Considine</p><p>Market-implied price return probabilities for TSLA for the 7.2-month period from now until June 16, 2023. The negative return side of the distribution has been rotated about the vertical axis above.</p><p>The market-implied outlook for TSLA is very slightly bullish to mid-January of 2023, but bearish from now until mid-June of 2023. This suggests that TSLA may have gotten a bit oversold in the current sell-off, so a bounce in the next couple of months would not be a surprise. Over the longer-term, however, the outlook is somewhat bearish. In my analysis in late May, the 7.9-month outlook to January 20, 2023 was much more bearish than the current 7.2-month outlook to June of 2023. The expected volatility calculated in late May, 74%, was notably higher than the current estimation for expected volatility. The current outlook to the middle of 2023 is bearish, with high volatility, but the probability of large declines in the share price is lower than it was in late May.</p><p><b>Summary</b></p><p>Tesla has generated exceptional revenue growth in recent years, justifying a substantial premium on the share price as compared to other auto manufacturers and many successful tech companies, as well. That said, the value of a share of TSLA should be quite sensitive to prevailing interest rates as well as any shortfalls in the growth trajectory. With substantial gains in interest rates in 2022, along with concerns about slowing sales growth in China and Q3’s revenue miss, how does one evaluate TSLA? The Wall Street consensus outlook is of limited value because there is such a high level of disagreement between the analysts who follow the company. The consensus rating is a buy and the consensus 12-month price target implies a gain of around 50% from current levels, but I have little confidence in the usefulness of these metrics. If anything, the high consensus price target with high dispersion in the individual price targets is a somewhat bearish indicator. The market-implied outlook for TSLA is slightly bullish to mid-January of 2023 but moderately bearish to the middle of 2023. I am maintaining my sell rating on TSLA, although there is decent potential for some price recovery through the end of this year.</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>Even At The 12-Month Low, Tesla Is Not A Compelling Buy</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\">\nEven At The 12-Month Low, Tesla Is Not A Compelling Buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-09 23:37 GMT+8 <a href=https://seekingalpha.com/article/4555040-tesla-stock-not-compelling-buy-even-at-12-month-low><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTSLA is trading at 12-month lows.Rising interest rates, Q3's revenue miss, and slowing sales in China are immediate concerns.The Wall Street consensus rating is a buy, with a consensus 12-month...</p>\n\n<a href=\"https://seekingalpha.com/article/4555040-tesla-stock-not-compelling-buy-even-at-12-month-low\">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/4555040-tesla-stock-not-compelling-buy-even-at-12-month-low","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157692624","content_text":"SummaryTSLA is trading at 12-month lows.Rising interest rates, Q3's revenue miss, and slowing sales in China are immediate concerns.The Wall Street consensus rating is a buy, with a consensus 12-month price target that is about 50% above the current share price.The very high dispersion in the individual analyst price targets reduces confidence in the meaningfulness of the consensus.The market-implied outlook (calculated from options prices) is slightly bullish through the end of 2022, but bearish to mid-2023.Shares of Tesla (NASDAQ: TSLA) have fallen by 15% from the closing price on October 31st and are down 51.6% from the 12-month high closing price of $399.93 on January 3rd. The shares are currently trading at 12-month lows. The drop in the share price since the end of October is largely attributable to declining vehicle sales in China for October, with the company cutting the prices of the Model 3 and Model Y by 9% to maintain demand. The market response to the China news was probably exacerbated by growing concerns after TSLA’s revenue miss for Q3(reported on October 19th).Seeking Alpha12-Month price history and basic statistics for TSLA above.Tesla’s valuation depends on continued rapid growth in revenues and earnings. This fact makes the share value quite sensitive to changes in interest rates. The theoretical value of a stock is the net present value of future earnings. The further into the future that these earnings are expected, the larger the compounded impact of increasing the discount rate, which depends on current interest rates. Rising interest rates are one of the factors driving TSLA down.The prevailing view among Wall Street analysts is that TSLA can maintain recent years’ incredibly rapid growth rates. The consensus for the rate of EPS growth over the next 3 to 5 years is 31.6% per year. If the company fails to deliver earnings in line with this outlook, the share valuation is likely to decline.ETradeTrailing (3 years) and estimated future quarterly EPS for TSLA. Green (red) values are amounts by which EPS beat (missed) the consensus expected EPS above.Tesla has generated growth rates that amply demonstrate the company’s exceptionalism. TSLA’s YoY revenue growth rate is59.8%, as compared to 4.5% for Toyota (TM), 6.6% for Mercedes-Benz Group (OTCPK: MBGAF), 12.4% for General Motors (GM), and 12.7% for Ford (F). TSLA also has gross profit margins that are higher than those of these competing firms. Given the massive difference in scale of production, TSLA’s higher profit margins are impressive. The question for investors is whether the current share valuation makes sense, given that this valuation is sensitive to interest rates and depends on maintaining heroic growth rates.I last wrote about TSLA on May 25, 2022, about 5 ½ months ago, and I maintained a sell rating on the shares. At that time, the Wall Street consensus rating on TSLA was a buy and the consensus 12-month price target was almost 50% above the share price. One red flag from the analyst outlooks was the extremely high dispersion among the individual price targets. Research has shown that the consensus price target is a meaningful predictor only when the spread in individual price targets is quite low. In fact, a consensus price target that implies a high return is actually a bearish indicator when the spread in the individual price targets is high. The valuation, then as now, was a concern and required incredible growth rates to be justified. I also noted that rising interest rates put downward pressure on the shares. I also looked at the market-implied outlook, a probabilistic price forecast that represents the consensus view from the options market. The market-implied outlook to mid-January of 2023 was substantially bearish. In the 5 ½ months since this post, TSLA has returned -13.3% vs. -4.26% for the S&P 500 (not including dividends).Seeking AlphaPrevious analysis of TSLA and subsequent performance vs. the S&P 500 above.For readers who are unfamiliar with the market-implied outlook, a brief explanation is needed. The price of an option on a stock is largely determined by the market’s consensus estimate of the probability that the stock price will rise above (call option) or fall below (put option) a specific level (the option strike price) between now and when the option expires. By analyzing the prices of call and put options at a range of strike prices, all with the same expiration date, it is possible to calculate a probabilistic price forecast that reconciles the options prices. This is the market-implied outlook. For a deeper explanation and background, I recommend this monograph published by the CFA Institute.With TSLA trading at 12-month lows, I have calculated updated market-implied outlooks and I have compared these with the Wall Street consensus outlook in revisiting my rating.Wall Street Consensus Outlook for TSLAETrade calculates the Wall Street consensus outlook for TSLA using price targets and ratings from 29 ranked analysts who have published their views over the past 3 months. The consensus rating is a buy and the consensus 12-month price targets is 57.7% above the current share price. As in my post from May, there is an enormous spread among the individual price targets. As a rule of thumb, I discount the consensus price target when the ratio of the highest to lowest price target is greater than 2. In this case, the ratio is 10.4 ($760 / $73).ETradeWall Street analyst consensus rating and 12-month price target for TSLA above.Seeking Alpha’s version of the Wall Street consensus outlook is calculated using the views of 35 analysts who have published ratings and price targets within the last 90 days. The consensus rating is a buy and the consensus 12-month price target is 47.2% above the current share price. I don’t put much weight on this number, however, because of the very large spread among the individual price targets.Seeking AlphaWall Street analyst consensus rating and 12-month price target for TSLA above.In the current results, as in my previous posts on TSLA in May of 2022 and in April of 2021, the spread among the individual analyst price targets is extremely high. This, in turn, suggests that the consensus outlook is unlikely to have predictive value. The consensus price target that is about 50% above the current share price, along with the large spread in individual price targets, may actually be a bearish indicator.Market-Implied Outlook for TSLAI have calculated the market-implied outlook for TSLA for the 2.4-month period from now until January 20, 2023 and for the 7.2-month period from now until June 16, 2023, using the prices of call and put options that expire on these dates. I selected these two expiration dates to provide a view through the end of 2022 and to the middle of 2023. In addition, options with expiration dates in January and June tend to be highly traded, increasing the confidence in the representativeness of the market-implied outlook.The standard presentation of the market-implied outlook is a probability distribution of price return, with probability on the vertical axis and return on the horizontal.Geoff ConsidineMarket-implied price return probabilities for TSLA for the 2.4-month period from now until January 20, 2023, above.The market-implied outlook to mid-January of 2023 is very symmetric, with probabilities of positive returns that are very close to those for negative returns of the same magnitude. The expected volatility calculated from this outlook is 62% (annualized). For comparison, ETrade calculates a 59% implied volatility for the January options.To make it easier to compare the relative probabilities of positive and negative returns, I rotate the negative return side of the distribution about the vertical axis (see chart below).Geoff ConsidineMarket-implied price return probabilities for TSLA for the 2.4-month period from now until January 20, 2023. The negative return side of the distribution has been rotated about the vertical axis above.This view shows just how closely the probabilities of positive and negative returns match up, across the entire range of possible outcomes (the solid blue line and the dashed red line are basically on top of one another). These results indicate a neutral outlook for the next 2.4 months.Theory indicates that the market-implied outlook is expected to have a negative bias because investors, in aggregate, are risk averse and thus tend to pay more than fair value for downside protection. There is no way to measure the magnitude of this bias, or whether it is even present, however. The expectation of a negative bias shifts what would otherwise look like a neutral outlook to a slightly bullish view.The market-implied outlook for the 7.2-month period from now until June 16, 2023 has probabilities of negative returns that are consistently higher than those for positive returns, across a wide range of possible outcomes (the dashed red line is consistently above the solid blue line over the left ⅔ of the chart below). The maximum probability corresponds to a price return of -21%. Even with consideration of a potential negative bias, I interpret this outlook as bearish. The expected volatility calculated from this distribution is 63% (annualized).Geoff ConsidineMarket-implied price return probabilities for TSLA for the 7.2-month period from now until June 16, 2023. The negative return side of the distribution has been rotated about the vertical axis above.The market-implied outlook for TSLA is very slightly bullish to mid-January of 2023, but bearish from now until mid-June of 2023. This suggests that TSLA may have gotten a bit oversold in the current sell-off, so a bounce in the next couple of months would not be a surprise. Over the longer-term, however, the outlook is somewhat bearish. In my analysis in late May, the 7.9-month outlook to January 20, 2023 was much more bearish than the current 7.2-month outlook to June of 2023. The expected volatility calculated in late May, 74%, was notably higher than the current estimation for expected volatility. The current outlook to the middle of 2023 is bearish, with high volatility, but the probability of large declines in the share price is lower than it was in late May.SummaryTesla has generated exceptional revenue growth in recent years, justifying a substantial premium on the share price as compared to other auto manufacturers and many successful tech companies, as well. That said, the value of a share of TSLA should be quite sensitive to prevailing interest rates as well as any shortfalls in the growth trajectory. With substantial gains in interest rates in 2022, along with concerns about slowing sales growth in China and Q3’s revenue miss, how does one evaluate TSLA? The Wall Street consensus outlook is of limited value because there is such a high level of disagreement between the analysts who follow the company. The consensus rating is a buy and the consensus 12-month price target implies a gain of around 50% from current levels, but I have little confidence in the usefulness of these metrics. If anything, the high consensus price target with high dispersion in the individual price targets is a somewhat bearish indicator. The market-implied outlook for TSLA is slightly bullish to mid-January of 2023 but moderately bearish to the middle of 2023. I am maintaining my sell rating on TSLA, although there is decent potential for some price recovery through the end of this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9966640861,"gmtCreate":1669524969853,"gmtModify":1676538204971,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9966640861","repostId":"1110767793","repostType":4,"isVote":1,"tweetType":1,"viewCount":36,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9900226938,"gmtCreate":1658716853424,"gmtModify":1676536196829,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/9900226938","repostId":"1127627798","repostType":2,"repost":{"id":"1127627798","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1658384899,"share":"https://ttm.financial/m/news/1127627798?lang=&edition=fundamental","pubTime":"2022-07-21 14:28","market":"us","language":"en","title":"Alphabet Q2 Earnings Preview: What to Look For","url":"https://stock-news.laohu8.com/highlight/detail?id=1127627798","media":"Tiger Newspress","summary":"Google parent Alphabet is slated to report its second-quarter 2022 results after the market close on","content":"<html><head></head><body><p>Google parent Alphabet is slated to report its second-quarter 2022 results after the market close on Tuesday, July 26.</p><h2>Previous Quarter Review</h2><p>Google’s Q1 revenue is up 23% from $55.3 billion, with operating income at $20.09 billion and net income of $16.44 billion for this quarter (versus $17.93 billion a year ago). </p><p>YouTube ad revenue was $6.87 billion (versus $6 billion a year ago), while Cloud reported $5.82 billion (compared to $4.05 billion in Q1 2021).</p><h2>Stock Split</h2><p>Alphabet's stock split reduced its price per share from $2,235.55 to $111.77 at the start of trading on July 18.</p><p>The split adds no real value to the company, but it does change the way earnings are calculated.</p><p>Alphabet is an incredibly strong company and is a great value right now.</p><p>Earlier this year, Alphabet announced plans to conduct a 20-for-1 stock split. It officially took effect at the market close on Friday, and Monday is the first day of trading with its new, shrunken share price.</p><p>When a company creates a lot of value over the long term, its share price typically generates high returns. In Alphabet's case, its stock had risen to $2,235.55, which made it a little expensive for investors who were only investing small amounts of money.</p><h2>Halt Hiring</h2><p>Google reportedly announced a hiring pause on July 20, stating it will stop hiring for two weeks, not long after announcing it would slow the pace of hiring.</p><p>Last week the company said it would be reducing the pace of hiring for the rest of the year. However, according to an article from The Information, they have decided to implement a pause.</p><h2>Analyst Opinions</h2><p>Credit Suisse analyst Stephen Ju sees a profit of $5.72 a share in calendar 2022, and $6.31 next year, down from his previous forecast of $5.92 this year and $7.10 next year. Ju cuts his target on Alphabet shares to $143, from $170.</p><p>“We decrease our forecasts for Google’s advertising businesses as we receive marketer feedback of declining budgets owing to macro uncertainty,” Ju writes. “While the extent of ad revenue compression for Q3 2022 and beyond remains unknown, it is clear marketers are showing signs of defensive behavior.”</p><p>But he notes that some ad dollars are shifting to Google search as advertisers seek higher return on investment.</p><p>Cowen analyst John Blackledge cut his Alphabet target to $3,000, from $3,200. He said that search advertising continues to see healthy demand, but that the numbers will come against “historically tough” comparisons. He said he sees some impact on the company’s YouTube unit from increased competition from TikTok.</p><p>Blackledge said his same agency source reported 18% year over year growth in spending on Google search ads, which is better than Meta’s situation, but slower than the 23% growth reported in the first quarter. He is now forecasting revenue growth for “search and other” advertising of 14.5% in the quarter, down from 16% previously.</p><h2>Consensus Estimate</h2><p>This internet search leader is expected to post quarterly earnings of $1.30 per share in its upcoming report, which represents a year-over-year change of -95.2%.</p><p>Revenues are expected to be $58.1 billion, up 14% from the year-ago quarter.</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>Alphabet Q2 Earnings Preview: What to Look For</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\">\nAlphabet Q2 Earnings Preview: What to Look For\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-07-21 14:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Google parent Alphabet is slated to report its second-quarter 2022 results after the market close on Tuesday, July 26.</p><h2>Previous Quarter Review</h2><p>Google’s Q1 revenue is up 23% from $55.3 billion, with operating income at $20.09 billion and net income of $16.44 billion for this quarter (versus $17.93 billion a year ago). </p><p>YouTube ad revenue was $6.87 billion (versus $6 billion a year ago), while Cloud reported $5.82 billion (compared to $4.05 billion in Q1 2021).</p><h2>Stock Split</h2><p>Alphabet's stock split reduced its price per share from $2,235.55 to $111.77 at the start of trading on July 18.</p><p>The split adds no real value to the company, but it does change the way earnings are calculated.</p><p>Alphabet is an incredibly strong company and is a great value right now.</p><p>Earlier this year, Alphabet announced plans to conduct a 20-for-1 stock split. It officially took effect at the market close on Friday, and Monday is the first day of trading with its new, shrunken share price.</p><p>When a company creates a lot of value over the long term, its share price typically generates high returns. In Alphabet's case, its stock had risen to $2,235.55, which made it a little expensive for investors who were only investing small amounts of money.</p><h2>Halt Hiring</h2><p>Google reportedly announced a hiring pause on July 20, stating it will stop hiring for two weeks, not long after announcing it would slow the pace of hiring.</p><p>Last week the company said it would be reducing the pace of hiring for the rest of the year. However, according to an article from The Information, they have decided to implement a pause.</p><h2>Analyst Opinions</h2><p>Credit Suisse analyst Stephen Ju sees a profit of $5.72 a share in calendar 2022, and $6.31 next year, down from his previous forecast of $5.92 this year and $7.10 next year. Ju cuts his target on Alphabet shares to $143, from $170.</p><p>“We decrease our forecasts for Google’s advertising businesses as we receive marketer feedback of declining budgets owing to macro uncertainty,” Ju writes. “While the extent of ad revenue compression for Q3 2022 and beyond remains unknown, it is clear marketers are showing signs of defensive behavior.”</p><p>But he notes that some ad dollars are shifting to Google search as advertisers seek higher return on investment.</p><p>Cowen analyst John Blackledge cut his Alphabet target to $3,000, from $3,200. He said that search advertising continues to see healthy demand, but that the numbers will come against “historically tough” comparisons. He said he sees some impact on the company’s YouTube unit from increased competition from TikTok.</p><p>Blackledge said his same agency source reported 18% year over year growth in spending on Google search ads, which is better than Meta’s situation, but slower than the 23% growth reported in the first quarter. He is now forecasting revenue growth for “search and other” advertising of 14.5% in the quarter, down from 16% previously.</p><h2>Consensus Estimate</h2><p>This internet search leader is expected to post quarterly earnings of $1.30 per share in its upcoming report, which represents a year-over-year change of -95.2%.</p><p>Revenues are expected to be $58.1 billion, up 14% from the year-ago quarter.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","GOOGL":"谷歌A"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127627798","content_text":"Google parent Alphabet is slated to report its second-quarter 2022 results after the market close on Tuesday, July 26.Previous Quarter ReviewGoogle’s Q1 revenue is up 23% from $55.3 billion, with operating income at $20.09 billion and net income of $16.44 billion for this quarter (versus $17.93 billion a year ago). YouTube ad revenue was $6.87 billion (versus $6 billion a year ago), while Cloud reported $5.82 billion (compared to $4.05 billion in Q1 2021).Stock SplitAlphabet's stock split reduced its price per share from $2,235.55 to $111.77 at the start of trading on July 18.The split adds no real value to the company, but it does change the way earnings are calculated.Alphabet is an incredibly strong company and is a great value right now.Earlier this year, Alphabet announced plans to conduct a 20-for-1 stock split. It officially took effect at the market close on Friday, and Monday is the first day of trading with its new, shrunken share price.When a company creates a lot of value over the long term, its share price typically generates high returns. In Alphabet's case, its stock had risen to $2,235.55, which made it a little expensive for investors who were only investing small amounts of money.Halt HiringGoogle reportedly announced a hiring pause on July 20, stating it will stop hiring for two weeks, not long after announcing it would slow the pace of hiring.Last week the company said it would be reducing the pace of hiring for the rest of the year. However, according to an article from The Information, they have decided to implement a pause.Analyst OpinionsCredit Suisse analyst Stephen Ju sees a profit of $5.72 a share in calendar 2022, and $6.31 next year, down from his previous forecast of $5.92 this year and $7.10 next year. Ju cuts his target on Alphabet shares to $143, from $170.“We decrease our forecasts for Google’s advertising businesses as we receive marketer feedback of declining budgets owing to macro uncertainty,” Ju writes. “While the extent of ad revenue compression for Q3 2022 and beyond remains unknown, it is clear marketers are showing signs of defensive behavior.”But he notes that some ad dollars are shifting to Google search as advertisers seek higher return on investment.Cowen analyst John Blackledge cut his Alphabet target to $3,000, from $3,200. He said that search advertising continues to see healthy demand, but that the numbers will come against “historically tough” comparisons. He said he sees some impact on the company’s YouTube unit from increased competition from TikTok.Blackledge said his same agency source reported 18% year over year growth in spending on Google search ads, which is better than Meta’s situation, but slower than the 23% growth reported in the first quarter. He is now forecasting revenue growth for “search and other” advertising of 14.5% in the quarter, down from 16% previously.Consensus EstimateThis internet search leader is expected to post quarterly earnings of $1.30 per share in its upcoming report, which represents a year-over-year change of -95.2%.Revenues are expected to be $58.1 billion, up 14% from the year-ago quarter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941228916,"gmtCreate":1680300967635,"gmtModify":1680300971264,"author":{"id":"4109504542406510","authorId":"4109504542406510","name":"Pepermintpat","avatar":"https://community-static.tradeup.com/news/0804feddbf156f8e808003b7ca831628","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4109504542406510","authorIdStr":"4109504542406510"},"themes":[],"htmlText":"Great opportunities in a decade !","listText":"Great opportunities in a decade !","text":"Great opportunities in a decade !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941228916","repostId":"2323795936","repostType":2,"isVote":1,"tweetType":1,"viewCount":431,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}