Ok //@LimLS:Big banks will sta

2022-07-12

Ok //@LimLS:Big banks will start the earning report on Thurs/Fri. That should set the pace for the rest of the earning season for the next few weeks. To be honest, I'm not feeling that good. The strong US dollar will further affect the earnings of the companies since many of them are dependent on overseas revenue. Higher wages, high inventory, higher commodities prices will depress on the margin too. I only hope that the companies can give us a good surprise by giving positive Q3/Q4 forward guidance. As for now, just sit tight and observe.

US STOCKS-Wall Street Ends Lower Ahead of Economic Data, Earnings

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OH WEI XIANG
2022-07-12
OH WEI XIANG
Ook
Vicholes
2022-07-12
Vicholes
[Happy]
Dimitri_PA
2022-07-12
Dimitri_PA
[smile]
Jasper_ng
2022-07-12
Jasper_ng
Dhdocn
D4I2MW
2022-07-12
D4I2MW
[What]
octa8
2022-07-12
octa8
[Like]

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That should set the pace for the rest of the earning season for the next few weeks. To be honest, I'm not feeling that good. The strong US dollar will further affect the earnings of the companies since many of them are dependent on overseas revenue. Higher wages, high inventory, higher commodities prices will depress on the margin too. I only hope that the companies can give us a good surprise by giving positive Q3/Q4 forward guidance. As for now, just sit tight and observe.&nbsp;</body></html>","htmlText":"<html><head></head><body>\nOk&nbsp;//<a href=\"https://ttm.financial/U/3572923586954779\">@LimLS</a>:Big banks will start the earning report on Thurs/Fri. That should set the pace for the rest of the earning season for the next few weeks. To be honest, I'm not feeling that good. The strong US dollar will further affect the earnings of the companies since many of them are dependent on overseas revenue. Higher wages, high inventory, higher commodities prices will depress on the margin too. I only hope that the companies can give us a good surprise by giving positive Q3/Q4 forward guidance. As for now, just sit tight and observe.&nbsp;</body></html>","text":"Ok //@LimLS:Big banks will start the earning report on Thurs/Fri. That should set the pace for the rest of the earning season for the next few weeks. To be honest, I'm not feeling that good. The strong US dollar will further affect the earnings of the companies since many of them are dependent on overseas revenue. Higher wages, high inventory, higher commodities prices will depress on the margin too. I only hope that the companies can give us a good surprise by giving positive Q3/Q4 forward guidance. As for now, just sit tight and observe.","highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9078085532","repostId":2250961053,"repostType":4,"repost":{"id":"2250961053","kind":"highlight","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":1657570800,"share":"https://www.laohu8.com/m/news/2250961053?lang=&edition=full","pubTime":"2022-07-12 04:20","market":"us","language":"en","title":"US STOCKS-Wall Street Ends Lower Ahead of Economic Data, Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=2250961053","media":"Reuters","summary":"Big bank earnings, CPI data expected later this weekU.S. casino operators fall as Macau shutters cas","content":"<html><head></head><body><ul><li>Big bank earnings, CPI data expected later this week</li><li>U.S. casino operators fall as Macau shutters casinos</li><li>Market leading growth stocks drag down Nasdaq</li><li>Indexes down: Dow 0.52%, S&amp;P 1.15%, Nasdaq 2.26%</li></ul>(Reuters) - U.S. stocks lost ground on Monday as a lack of catalysts left market participants warily embarking on a week back-end loaded with crucial inflation data and the unofficial beginning to second-quarter earnings season.Market leading growth stocks pulled all three major U.S. stock indexes into negative territory, with risk-off sentiment exacerbated by Macau&#39;s first casino shutdown in over two years to curb the spread of COVID-19.&#34;It’s a nervous market,&#34; said Rob Haworth, senior investment strategist at U.S. Bank Wealth Management in Seattle. &#34;It’s all about the kick-off to earnings season and what inflation (data) tells us.&#34;&#34;We know inflation is being driven by supply constraints, and China is an important factor,&#34; Haworth added. &#34;And (the Macau shutdown) threw a cold blanket on the market this morning.&#34;Results from big banks, including JPMorgan Chase &amp; Co , $Citigroup Inc(C-N)$, and Wells Fargo &amp; Co, are expected to launch second-quarter reporting season later this week.The S&amp;P 500 Banking index slid 1.0%.Analysts expect steep plunges of year-on-year profits as the companies grow their loan loss reserves, fueling fears of impending recession.Later in the week a raft of economic data - including consumer prices, retail sales and factory output - should provide a glimpse of the extent to which inflation has peaked and the economy has cooled down as the Federal Reserve moves closer to next week&#39;s policy meeting, which is expected to culminate in the second straight 75 basis point interest rate hike.&#34;The market is trying to caution itself ahead of that (CPI) print,&#34; Haworth said. &#34;We’re hoping for a slowdown, which would put the Federal Reserve in a softer stance, but on the other hand, there are lots of reasons to believe inflation could stay high and the Fed will remain aggressive.&#34;The market currently expects that the central bank will raise the Fed funds futures rate by 75 basis points in its latest salvo against red-hot inflation, a tactic which some fear could tip an already cooling economy into recession.The Dow Jones Industrial Average fell 164.31 points, or 0.52%, to 31,173.84, the S&amp;P 500 lost 44.95 points, or 1.15%, to 3,854.43 and the Nasdaq Composite dropped 262.71 points, or 2.26%, to 11,372.60.Of the 11 major sectors in the S&amp;P 500, communication services suffered the biggest percentage drop, while utilities led the gainers.Before big banks launch second quarter earnings season in earnest on Thursday and Friday, PepsiCo and Delta Air Line results are expected Tuesday and Wednesday, respectively.As of Friday, analysts saw aggregate annual S&amp;P earnings growth of 5.7% for the April to June period, down from the 6.8% forecast at the beginning of the quarter, according to Refinitiv.Twitter Inc tumbled 11.3% in the wake of Elon Musk saying he is terminating his deal to buy the social media company.Shares of U.S. casino operators Las Vegas Sands, Wynn Resorts and Melco Resorts fell between 6.3% and 9.6% after Macau shuttered all casinos to contain its worst COVID outbreak since the health crisis began.The broader S&amp;P 1500 Hotel, Restaurant and Leisure index dipped 1.5%.Declining issues outnumbered advancing ones on the NYSE by a 2.41-to-1 ratio; on Nasdaq, a 2.81-to-1 ratio favored decliners.The S&amp;P 500 posted two new 52-week highs and 30 new lows; the Nasdaq Composite recorded 20 new highs and 130 new lows.Volume on U.S. exchanges was 9.33 billion shares, compared with the 12.92 billion average over the last 20 trading days.</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Ends Lower Ahead of Economic Data, Earnings</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{ 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{color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall Street Ends Lower Ahead of Economic Data, Earnings\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\">\nReuters \n2022-07-12 04:20\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Big bank earnings, CPI data expected later this week</li><li>U.S. casino operators fall as Macau shutters casinos</li><li>Market leading growth stocks drag down Nasdaq</li><li>Indexes down: Dow 0.52%, S&amp;P 1.15%, Nasdaq 2.26%</li></ul>(Reuters) - U.S. stocks lost ground on Monday as a lack of catalysts left market participants warily embarking on a week back-end loaded with crucial inflation data and the unofficial beginning to second-quarter earnings season.Market leading growth stocks pulled all three major U.S. stock indexes into negative territory, with risk-off sentiment exacerbated by Macau&#39;s first casino shutdown in over two years to curb the spread of COVID-19.&#34;It’s a nervous market,&#34; said Rob Haworth, senior investment strategist at U.S. Bank Wealth Management in Seattle. &#34;It’s all about the kick-off to earnings season and what inflation (data) tells us.&#34;&#34;We know inflation is being driven by supply constraints, and China is an important factor,&#34; Haworth added. &#34;And (the Macau shutdown) threw a cold blanket on the market this morning.&#34;Results from big banks, including JPMorgan Chase &amp; Co , $Citigroup Inc(C-N)$, and Wells Fargo &amp; Co, are expected to launch second-quarter reporting season later this week.The S&amp;P 500 Banking index slid 1.0%.Analysts expect steep plunges of year-on-year profits as the companies grow their loan loss reserves, fueling fears of impending recession.Later in the week a raft of economic data - including consumer prices, retail sales and factory output - should provide a glimpse of the extent to which inflation has peaked and the economy has cooled down as the Federal Reserve moves closer to next week&#39;s policy meeting, which is expected to culminate in the second straight 75 basis point interest rate hike.&#34;The market is trying to caution itself ahead of that (CPI) print,&#34; Haworth said. &#34;We’re hoping for a slowdown, which would put the Federal Reserve in a softer stance, but on the other hand, there are lots of reasons to believe inflation could stay high and the Fed will remain aggressive.&#34;The market currently expects that the central bank will raise the Fed funds futures rate by 75 basis points in its latest salvo against red-hot inflation, a tactic which some fear could tip an already cooling economy into recession.The Dow Jones Industrial Average fell 164.31 points, or 0.52%, to 31,173.84, the S&amp;P 500 lost 44.95 points, or 1.15%, to 3,854.43 and the Nasdaq Composite dropped 262.71 points, or 2.26%, to 11,372.60.Of the 11 major sectors in the S&amp;P 500, communication services suffered the biggest percentage drop, while utilities led the gainers.Before big banks launch second quarter earnings season in earnest on Thursday and Friday, PepsiCo and Delta Air Line results are expected Tuesday and Wednesday, respectively.As of Friday, analysts saw aggregate annual S&amp;P earnings growth of 5.7% for the April to June period, down from the 6.8% forecast at the beginning of the quarter, according to Refinitiv.Twitter Inc tumbled 11.3% in the wake of Elon Musk saying he is terminating his deal to buy the social media company.Shares of U.S. casino operators Las Vegas Sands, Wynn Resorts and Melco Resorts fell between 6.3% and 9.6% after Macau shuttered all casinos to contain its worst COVID outbreak since the health crisis began.The broader S&amp;P 1500 Hotel, Restaurant and Leisure index dipped 1.5%.Declining issues outnumbered advancing ones on the NYSE by a 2.41-to-1 ratio; on Nasdaq, a 2.81-to-1 ratio favored decliners.The S&amp;P 500 posted two new 52-week highs and 30 new lows; the Nasdaq Composite recorded 20 new highs and 130 new lows.Volume on U.S. exchanges was 9.33 billion shares, compared with the 12.92 billion average over the last 20 trading days.</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2250961053","content_text":"Big bank earnings, CPI data expected later this weekU.S. casino operators fall as Macau shutters casinosMarket leading growth stocks drag down NasdaqIndexes down: Dow 0.52%, S&P 1.15%, Nasdaq 2.26%(Reuters) - U.S. stocks lost ground on Monday as a lack of catalysts left market participants warily embarking on a week back-end loaded with crucial inflation data and the unofficial beginning to second-quarter earnings season.Market leading growth stocks pulled all three major U.S. stock indexes into negative territory, with risk-off sentiment exacerbated by Macau's first casino shutdown in over two years to curb the spread of COVID-19.\"It’s a nervous market,\" said Rob Haworth, senior investment strategist at U.S. Bank Wealth Management in Seattle. \"It’s all about the kick-off to earnings season and what inflation (data) tells us.\"\"We know inflation is being driven by supply constraints, and China is an important factor,\" Haworth added. \"And (the Macau shutdown) threw a cold blanket on the market this morning.\"Results from big banks, including JPMorgan Chase & Co , $Citigroup Inc(C-N)$, and Wells Fargo & Co, are expected to launch second-quarter reporting season later this week.The S&P 500 Banking index slid 1.0%.Analysts expect steep plunges of year-on-year profits as the companies grow their loan loss reserves, fueling fears of impending recession.Later in the week a raft of economic data - including consumer prices, retail sales and factory output - should provide a glimpse of the extent to which inflation has peaked and the economy has cooled down as the Federal Reserve moves closer to next week's policy meeting, which is expected to culminate in the second straight 75 basis point interest rate hike.\"The market is trying to caution itself ahead of that (CPI) print,\" Haworth said. \"We’re hoping for a slowdown, which would put the Federal Reserve in a softer stance, but on the other hand, there are lots of reasons to believe inflation could stay high and the Fed will remain aggressive.\"The market currently expects that the central bank will raise the Fed funds futures rate by 75 basis points in its latest salvo against red-hot inflation, a tactic which some fear could tip an already cooling economy into recession.The Dow Jones Industrial Average fell 164.31 points, or 0.52%, to 31,173.84, the S&P 500 lost 44.95 points, or 1.15%, to 3,854.43 and the Nasdaq Composite dropped 262.71 points, or 2.26%, to 11,372.60.Of the 11 major sectors in the S&P 500, communication services suffered the biggest percentage drop, while utilities led the gainers.Before big banks launch second quarter earnings season in earnest on Thursday and Friday, PepsiCo and Delta Air Line results are expected Tuesday and Wednesday, respectively.As of Friday, analysts saw aggregate annual S&P earnings growth of 5.7% for the April to June period, down from the 6.8% forecast at the beginning of the quarter, according to Refinitiv.Twitter Inc tumbled 11.3% in the wake of Elon Musk saying he is terminating his deal to buy the social media company.Shares of U.S. casino operators Las Vegas Sands, Wynn Resorts and Melco Resorts fell between 6.3% and 9.6% after Macau shuttered all casinos to contain its worst COVID outbreak since the health crisis began.The broader S&P 1500 Hotel, Restaurant and Leisure index dipped 1.5%.Declining issues outnumbered advancing ones on the NYSE by a 2.41-to-1 ratio; on Nasdaq, a 2.81-to-1 ratio favored decliners.The S&P 500 posted two new 52-week highs and 30 new lows; the Nasdaq Composite recorded 20 new highs and 130 new lows.Volume on U.S. exchanges was 9.33 billion shares, compared with the 12.92 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":193,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":451,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":102830775,"commentId":"102830775","gmtCreate":1657598637463,"gmtModify":1663254094640,"authorId":3574829133892207,"author":{"id":3574829133892207,"idStr":"3574829133892207","authorId":3574829133892207,"name":"OH WEI 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