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ocllove
11-04
$Adobe(ADBE)$
waiting for it to rebound
ocllove
2023-01-31
$Alphabet(GOOG)$
believe GOOG will ride out of the negativity and come out stronger.
ocllove
2022-12-20
$Alibaba(BABA)$
all the way up
ocllove
2022-11-14
$Alibaba(BABA)$
rise rise
ocllove
2022-11-14
$Microsoft(MSFT)$
ocllove
2022-11-10
$Tesla Motors(TSLA)$
more pain to come??
ocllove
2022-11-10
$Tesla Motors(TSLA)$
ocllove
2022-11-09
Convincing
Amazon: Buying Opportunity In The Making
ocllove
2022-11-09
$Apple(AAPL)$
on watchlist
ocllove
2022-11-09
$Microsoft(MSFT)$
ocllove
2022-10-29
$Alphabet(GOOG)$
ocllove
2022-10-27
$Tesla Motors(TSLA)$
ocllove
2022-10-27
$Tesla Motors(TSLA)$
waiting for entry price
ocllove
2022-10-27
$Alibaba(BABA)$
have faith! Keep rising
ocllove
2022-10-27
$Alphabet(GOOG)$
have faith
ocllove
2022-10-27
Nice
Chinese Stocks in US Extend Rally Nearly Erasing Record Selloff
ocllove
2022-10-12
$DBS GROUP HOLDINGS LTD(D05.SI)$
ocllove
2022-10-11
$Microsoft(MSFT)$
ocllove
2022-10-10
$Alphabet(GOOG)$
am confident GOOG will rise 150 in the long term
ocllove
2022-10-10
$Alibaba(BABA)$
has it bottomed already??
Go to Tiger App to see more news
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href=\"https://ttm.financial/S/ADBE\">$Adobe(ADBE)$ </a> waiting for it to rebound","listText":"<a href=\"https://ttm.financial/S/ADBE\">$Adobe(ADBE)$ </a> waiting for it to rebound","text":"$Adobe(ADBE)$ waiting for it to rebound","images":[{"img":"https://community-static.tradeup.com/news/7b0fad546c8583318d019b6c4b62527b","width":"906","height":"1459"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/367177369124872","isVote":1,"tweetType":1,"viewCount":105,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"10000000000010968","authorId":"10000000000010968","name":"Tiger_CBA","avatar":"https://community-static.tradeup.com/news/ae2d4002ef9664aba005cb3020f416f5","crmLevel":1,"crmLevelSwitch":0,"idStr":"10000000000010968","authorIdStr":"10000000000010968"},"content":"Investing is about growth over time. Don't let temporary setbacks overshadow the potential for long-term gains. You’re welcome to open a Tiger Cash Boost Account and use contra trading to enhance your strategies. Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here. Other helpful links: How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.","text":"Investing is about growth over time. Don't let temporary setbacks overshadow the potential for long-term gains. You’re welcome to open a Tiger Cash Boost Account and use contra trading to enhance your strategies. Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here. Other helpful links: How to open a CBA. How to link your CDP account. Other FAQs on CBA. 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Cash Boost Account Website."}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9955304164,"gmtCreate":1675177408559,"gmtModify":1676538982175,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GOOG\">$Alphabet(GOOG)$ </a>believe GOOG will ride out of the negativity and come out stronger.","listText":"<a href=\"https://ttm.financial/S/GOOG\">$Alphabet(GOOG)$ </a>believe GOOG will ride out of the negativity and come out stronger.","text":"$Alphabet(GOOG)$ believe GOOG will ride out of the negativity and come out stronger.","images":[{"img":"https://community-static.tradeup.com/news/d2bd30a525496c786fb1da4de96eeb98","width":"720","height":"1455"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955304164","isVote":1,"tweetType":1,"viewCount":430,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9926203707,"gmtCreate":1671551917010,"gmtModify":1676538554474,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$ </a>all the way up","listText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$ </a>all the way up","text":"$Alibaba(BABA)$ all the way 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come??","images":[{"img":"https://community-static.tradeup.com/news/dfd3ec03a2d6ddb8163da2ca1bae836b","width":"720","height":"1302"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9960021171","isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9960021361,"gmtCreate":1668036207854,"gmtModify":1676538000551,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a><v-v data-views=\"0\"></v-v>","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a><v-v data-views=\"0\"></v-v>","text":"$Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9960021361","isVote":1,"tweetType":1,"viewCount":408,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9987742043,"gmtCreate":1668005714282,"gmtModify":1676537997698,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"Convincing","listText":"Convincing","text":"Convincing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9987742043","repostId":"1147357388","repostType":2,"repost":{"id":"1147357388","kind":"news","pubTimestamp":1667996790,"share":"https://ttm.financial/m/news/1147357388?lang=&edition=fundamental","pubTime":"2022-11-09 20:26","market":"us","language":"en","title":"Amazon: Buying Opportunity In The Making","url":"https://stock-news.laohu8.com/highlight/detail?id=1147357388","media":"Seeking Alpha","summary":"SummaryAmazon reported quarterly results a few days ago, and especially due to the weak guidance for","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Amazon reported quarterly results a few days ago, and especially due to the weak guidance for Q4/22, the stock declined about 20% the following trading days.</li><li>While AWS will continue to perform quite well, the other two segments will probably suffer in an upcoming recession.</li><li>Amazon is investing heavily again, which has had a negative effect on the bottom line and, with decreased spending in the future, higher operating income is possible.</li><li>In my opinion, Amazon stock will go lower in the coming months and quarters, and $65 seems like a first good entry point, with a high risk of Amazon stock declining even lower.</li></ul><p>In my last article about Amazon.com, Inc. (NASDAQ: AMZN) in March 2022, I asked the question if Amazon is finally a buy (at that point, the stock was trading for $142). In my conclusion I wrote:</p><blockquote>I am rather neutral on Amazon right now and I think it is possible that the support level will hold, and the stock might move higher again. However, I don't know if Amazon can set new all-time highs in the foreseeable future. And I also don't think that Amazon is a bargain right now or a great investment. The company is without any doubt a great business and will be able to grow with a high pace for several years to come - but at current valuation multiples, it has to be.</blockquote><p>We now know the support level did not hold and the stock declined to the next support level around $100 (back then it was about $2,000 in the not split-adjusted chart). In the meantime, Amazon stock already bounced back to the previous support level around $145 and then declined again – and the last quarterly earnings really accelerated that decline and pushed the stock down to only $90.</p><p><b>Quarterly Results</b></p><p>At a first glance, the result doesn’t seem so bad, and one won’t necessary expect a 20% decline that followed in the days since earnings were reported on October 27, 2022. While the company beat on earnings per share expectations, it missed revenue expectations, but only by $370 million. This seems neglectable when considering total net sales of $127,101 million in Q3/22. Compared to the same quarter last year ($110,812 million in net sales), the top line increased 14.7% year-over-year. While net product sales increased from $54,876 million to $59,340 million (resulting in 8.1% year-over-year growth), net service sales increased from $55,936 million to $67,761 million (resulting in 21.1% growth).</p><p>But while the top line increased, operating income declined 48.0% YoY from $4,852 million in Q3/21 to $2,525 million in Q3/22. And diluted earnings per share also declined from $0.31 in the same quarter last year to $0.28 this quarter.</p><p>The biggest disappointment for investors was probably the company’s guidance for the fourth quarter. Amazon is expecting net sales to be between $140.0 billion and $148.0 billion, reflecting only between 2% and 8% growth compared to Q4/22 (the guidance anticipates an unfavorable impact from foreign exchange rates of 460 basis point). Operating income is expected to be between $0 and $4.0 billion, compared to $3.5 billion in the same quarter last year. And any growth rate below 7% would be the lowest quarterly growth rate for a long time (probably the lowest growth rate ever).</p><p><b>AWS: Cash Cow</b></p><p>When looking at the different segments, the picture is quite similar as in the last few quarters and years. Amazon Web Services, which was already launched in 2002, continues to be the cash cow for Amazon, and it is the segment which is generating almost all the operating income. In the third quarter of fiscal 2022, AWS generated $20,538 million in net sales. Compared to the same quarter last year, this resulted in 27% year-over-year growth (28% in FX adjusted numbers). Operating income in Q3/22 was $5,403 million, resulting in 11% year-over-year growth.</p><p><img src=\"https://static.tigerbbs.com/c08a86cc28fd43259538ed285bfeedab\" tg-width=\"640\" tg-height=\"488\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Amazon Q3/22 Presentation</p><p>And as we can see in the chart below, Amazon is the clear market leader in a fast-growing market. In Q4/21, Amazon AWS had a market share of 33% and was clearly ahead of its two main competitors – Microsoft (MSFT) with Microsoft Azure and Alphabet (GOOG,GOOGL) with Google Cloud.</p><p><img src=\"https://static.tigerbbs.com/c532163ed8f8adfb54d4dde7cbc7b9b6\" tg-width=\"640\" tg-height=\"551\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>VisualCapitalist</p><p>In my previous article about Alphabet, I already mentioned the fast-growing cloud market. Alphabet stated in a recent presentation that the cloud market is still in its early stage. According to this presentation, the public cloud services spendings are expected to double between 2022 and 2026, and not only Alphabet will profit from this trend but Amazon as well.</p><p><img src=\"https://static.tigerbbs.com/fc96088bc988e019855031a01a7b5890\" tg-width=\"640\" tg-height=\"359\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Alphabet Q3/22 Presentation</p><p>And this is backed up by several different studies (seehereandhere) andforecaststhat also expect high growth rates for the cloud business in the years to come.</p><p><b>Retail: Struggling</b></p><p>While AWS is continuing to grow at a high pace and is very profitable for Amazon, the retail business of Amazon – which is responsible for the biggest part of revenue – seems to struggle once again. The North America segment could still grow the top line at a solid pace, with increased revenue 20% year-over-year, from $65,557 million in the same quarter last year to $78,743 million this quarter. But while the segment could generate an operating profit of $880 million in the same quarter last year, it is now reporting an operating loss of $142 million.</p><p><img src=\"https://static.tigerbbs.com/5885e588ec6a05ae5e5a931755fa4637\" tg-width=\"640\" tg-height=\"489\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Amazon Q3/22 Presentation</p><p>And not only its North America segment was unprofitable this quarter. Its international segment was also unprofitable once again and reported an operating loss of $2,466 million (compared to an operating loss of $911 million in the same quarter last year). Additionally, the segment also had to report declining sales. Compared to $29,145 million in Q3/21, sales in Q3/22 were only $27,720 resulting in 5% year-over-year decline. However, this was in large parts due to currency effects – FX adjusted, sales increased 12% year-over-year.</p><p><img src=\"https://static.tigerbbs.com/08bc6732afc9fa31f5c46aafc37a26a3\" tg-width=\"640\" tg-height=\"489\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Amazon Q3/22 Presentation</p><p>So, to be honest, results are not so bad. Both segments are not profitable (we will get to this later) but the mediocre top line results are also due to the strong dollar which affected Amazon’s business – like it affected many other U.S. businesses.</p><p>And when looking at the expectations for the holiday sales, analysts and the NRF, the National Retail Federation, are quite optimistic. For the months of November and December 2022,holiday sales are expectedto be between $942.6 million and $960.4 million– resulting in 6% to 8% year-over-year growth, which is quite an optimistic forecast. Compared to the last two years (with growth rates of 9.3% in 2020 and 13.5% in 2021), this seems moderate.</p><p><img src=\"https://static.tigerbbs.com/8d45157a1039b7db14e9525fd87245fe\" tg-width=\"640\" tg-height=\"482\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>NRF</p><p>And when looking at longer timeframes, growth expectations are also high – not only for the holiday sales. While retail sales are expected to grow only with a CAGR of 3.70% between 2021 and 2026 (according to Statista), ecommerce sales are expected to grow with a much higher pace (and Amazon is generating most of its sales online). For the years from 2023 till 2026, analysts are expecting ecommerce sales to growabout 12% annually.</p><p><img src=\"https://static.tigerbbs.com/381ce5c4ddb35163699973ad633b2892\" tg-width=\"922\" tg-height=\"897\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>eMarketer // InsiderIntelligence</p><p>Now we must question if these growth expectations are realistic – especially as we are seeing strong signs for the economy crumbling and not only in the United States of America. Aside from the stock market declining about 20% (which is an early warning indicator), theyield curve inverted recently(one of the best warning signs for a recession) anddisposable income per capitais also declining for several months in a row now.</p><p>In a recession, we usually see spendings decline and here we must take a closer look at Amazon’s revenue streams. About 16% stem from AWS (see section above), and companies might cut back on spendings here – although these are fundamental services for a business. An additional 7% of revenue is stemming from subscription services, and due to switching costs we can be confident to see numbers be at least stable (many people rely on Amazon Prime for free shipping as well as the video and music content).</p><p>But about 42% of revenue stems from online stores, and about 23% stems from third-party sellers. And in both cases, we must assume consumers spending is less, which could lead to declining revenue for Amazon (or at least lower growth rates). An additional 8% of revenue is stemming from advertising and these are classical examples for businesses to cut spendings.</p><p>All in all, we should be rather cautious about Amazon’s top line growth in the next few quarters. And we should even think about the possibility of declining revenue in some quarters – depending on how extreme the recession gets.</p><p><b>Investing in the future</b></p><p>And while declining revenue (or slower growth rates) could be an issue in the coming quarters, the bottom-line results already are a reason for concern right now. Since the fourth quarter of fiscal 2021, free cash flow is negative again (when looking at the TTM numbers). And while Amazon has done a pretty good job of convincing investors to focus on top line growth and ignore profitability (something Meta Platforms (META) is failing horrible right now), investors also seem to be concerned about Amazon as well.</p><p>And I must be honest: I am also a bit irritated that Amazon, a business which is almost 30 years old and one of the major corporations in the world, is failing once again to be profitable. On the other hand, it is good to invest in the future, and we should be confident these investments will pay off.</p><p>We will especially focus on the operating expenses, as these amounts will mostly driver future growth – they include sales, marketing, research, and development. And while Amazon spent about 35% of its revenue on operating expenses in the years 2019 till 2021, it spent over 40% in the last four quarters. And when comparing Amazon to other retail companies, the difference is huge. Walmart (WMT), Target (TGT), and Kroger (KR), for example, are spending about 20% of revenue on operating expenses (Target is spending a little more than the other two). Amazon is spending twice as much of its revenue, and when this spending pays off, Amazon will probably profit in the future by higher growth rates and higher sales.</p><table><tbody><tr><th><p>Total Operating Expenses % of revenue</p></th><th><p>2019</p></th><th><p>2021</p></th><th><p>2021</p></th><th><p>TTM</p></th></tr><tr><td><p>Amazon</p></td><td><p>35.81%</p></td><td><p>33.64%</p></td><td><p>36.74%</p></td><td><p>40.46%</p></td></tr><tr><td><p>Walmart</p></td><td><p>20.59%</p></td><td><p>20.01%</p></td><td><p>20.57%</p></td><td><p>20.54%</p></td></tr><tr><td><p>Target</p></td><td><p>23.71%</p></td><td><p>22.21%</p></td><td><p>20.73%</p></td><td><p>20.79%</p></td></tr><tr><td><p>Kroger</p></td><td><p>20.59%</p></td><td><p>21.59%</p></td><td><p>20.03%</p></td><td><p>19.24%</p></td></tr></tbody></table><p>Of course, the long-term goal should be to spend only as much as necessary and cut cost of revenue as well as operating expenses as this will increase profitability. In case of Amazon, we can see that the company was able to lower its costs of revenue (as percentage of revenue) constantly during the last decade, while operating expenses increased over time.</p><p>But if Amazon can lower its operating expenses over time – and therefore increase operating margin it can be extremely profitable. And it doesn’t even have to lower its operating expenses to 20% of revenue like Walmart or Target – 30% to 35% is enough to multiply its operating income.</p><p><b>Intrinsic Value Calculation</b></p><p>And these increased spendings led to Amazon trading for extremely high valuation multiples once again. As free cash flow is negative, we can’t calculate a reasonable P/FCF ratio at this point. The P/E ratio however is 83 right now and although this is below the 5-year average (which is 105), we can’t really argue that a P/E ratio of almost 100 is cheap in any way. Such a high P/E ratio is even difficult to justify with high growth rates.</p><p><img src=\"https://static.tigerbbs.com/b80c5c9861c0f88a7c05281785e27a38\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p>However, it can be justified – at least in parts – by extraordinary high operating expenses, which might not only result in higher revenue growth but also in higher operating income once the high expenditures are reduced again. If we assume only about 35% of revenue spent as operating expenses in addition to 57% of revenue for costs of revenue, we will get an operating margin around 8% and an operating income of $40,000 right now. This would result in earnings per share around $3.50 in my opinion (considering taxes and interest expenses) and Amazon would therefore trade for a P/E ratio of 26.</p><p>This is a much more reasonable P/E ratio, but still a bit high in current market conditions – and we are calculating with hypothetical assumptions. I have mentioned several times that we must probably adapt to a new reality of lower P/E ratios and lower CAPE ratios. We got so used to these extremely high valuation multiples for several years now that we assume they are the norm. But the last few years have been an extreme outlier – stocks are not trading for a CAPE ratio of 30.</p><p><img src=\"https://static.tigerbbs.com/36fea4051eb380f769451c28a6ec244f\" tg-width=\"1280\" tg-height=\"930\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Advisor Perspectives</p><p>Usually, I offer an intrinsic value by using a discount cash flow calculation. For such a calculation we must make several assumptions and in case of Amazon it is extremely difficult to make these assumptions as the company is lacking consistency. We could assume operating margin to improve again in the coming quarters and Amazon still growing its top line in the mid-to-high teens and we get an extremely undervalued stock. But we could also argue that growth rates will slow down, the recession will hit Amazon hard, and profitability will decline even further in a challenging macroeconomic environment and the stock remains overvalued.</p><p><b>Technical Picture</b></p><p>Instead of trying to calculate an intrinsic value for the stock I will rather focus on the chart and the sentiment surrounding stocks – especially high-growth companies (which are close to being unprofitable).</p><p>I already started writing parts of this article about two weeks ago before earnings were reported. At that point I theorized that the stock could go up to $145 again. But I didn’t consider that scenario to be very realistic. Instead, I rather assumed the stock to decline to $100 again. And while I expected the stock to break below $100 at some point in the next few months, I didn’t think it would happen so quickly.</p><p><img src=\"https://static.tigerbbs.com/04f71c53acbba04e624687d34078dd49\" tg-width=\"640\" tg-height=\"453\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>TradingView</p><p>When looking at the chart, we can identify two strong support levels for Amazon. And a first reasonable mid-term target for the stock over the next few months is between $65 and $72. At that level we find not only the 38% Fibonacci retracement level of the last upward wave, but also the lows of the late 2018 correction. Additionally, we have a long-term trendline connecting the lows of the Dotcom bubble crash and the Great Financial Crisis. At $65, we are already looking at a 65% decline, but I don’t want to bet on Amazon already finding its cyclical bottom there.</p><p>A next potential support level would be around $45 where we find the 23% Fibonacci retracement as well as the 200-months moving average. And especially the latter is often the target for stocks in steep corrections. At that point we are looking at a 76% decline, which might seem extreme right now but is possible. And I would also not be surprised if Amazon goes even lower – depending on how the next recession and bear market play out.</p><p><b>Conclusion</b></p><p>Amazon is not extremely expensive anymore. However, I don’t see Amazon as the extreme bargain many other contributors are seeing (when scrolling through the articles, I only see bullish and extremely bullish views about Amazon).</p><p>I avoided Amazon as an investment for a long time, as I considered the stock as being just too expensive. Now, Amazon is certainly getting to price regions where the stock is starting to get interesting, but I won’t pull the trigger yet, as Amazon is still above the cycle bottom in my opinion. Investors have not priced in what is about to come for the economy as well as the stock market. And when comparing Amazon to other big tech companies – like Alphabet or Meta Platforms – the stock is still trading for rather high valuation multiples making it vulnerable to downside risk. I personally will get interested in Amazon when it is trading for $65 to $70.</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>Amazon: Buying Opportunity In The Making</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\">\nAmazon: Buying Opportunity In The Making\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-09 20:26 GMT+8 <a href=https://seekingalpha.com/article/4554856-amazon-buying-opportunity-in-the-making><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAmazon reported quarterly results a few days ago, and especially due to the weak guidance for Q4/22, the stock declined about 20% the following trading days.While AWS will continue to perform ...</p>\n\n<a href=\"https://seekingalpha.com/article/4554856-amazon-buying-opportunity-in-the-making\">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://seekingalpha.com/article/4554856-amazon-buying-opportunity-in-the-making","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147357388","content_text":"SummaryAmazon reported quarterly results a few days ago, and especially due to the weak guidance for Q4/22, the stock declined about 20% the following trading days.While AWS will continue to perform quite well, the other two segments will probably suffer in an upcoming recession.Amazon is investing heavily again, which has had a negative effect on the bottom line and, with decreased spending in the future, higher operating income is possible.In my opinion, Amazon stock will go lower in the coming months and quarters, and $65 seems like a first good entry point, with a high risk of Amazon stock declining even lower.In my last article about Amazon.com, Inc. (NASDAQ: AMZN) in March 2022, I asked the question if Amazon is finally a buy (at that point, the stock was trading for $142). In my conclusion I wrote:I am rather neutral on Amazon right now and I think it is possible that the support level will hold, and the stock might move higher again. However, I don't know if Amazon can set new all-time highs in the foreseeable future. And I also don't think that Amazon is a bargain right now or a great investment. The company is without any doubt a great business and will be able to grow with a high pace for several years to come - but at current valuation multiples, it has to be.We now know the support level did not hold and the stock declined to the next support level around $100 (back then it was about $2,000 in the not split-adjusted chart). In the meantime, Amazon stock already bounced back to the previous support level around $145 and then declined again – and the last quarterly earnings really accelerated that decline and pushed the stock down to only $90.Quarterly ResultsAt a first glance, the result doesn’t seem so bad, and one won’t necessary expect a 20% decline that followed in the days since earnings were reported on October 27, 2022. While the company beat on earnings per share expectations, it missed revenue expectations, but only by $370 million. This seems neglectable when considering total net sales of $127,101 million in Q3/22. Compared to the same quarter last year ($110,812 million in net sales), the top line increased 14.7% year-over-year. While net product sales increased from $54,876 million to $59,340 million (resulting in 8.1% year-over-year growth), net service sales increased from $55,936 million to $67,761 million (resulting in 21.1% growth).But while the top line increased, operating income declined 48.0% YoY from $4,852 million in Q3/21 to $2,525 million in Q3/22. And diluted earnings per share also declined from $0.31 in the same quarter last year to $0.28 this quarter.The biggest disappointment for investors was probably the company’s guidance for the fourth quarter. Amazon is expecting net sales to be between $140.0 billion and $148.0 billion, reflecting only between 2% and 8% growth compared to Q4/22 (the guidance anticipates an unfavorable impact from foreign exchange rates of 460 basis point). Operating income is expected to be between $0 and $4.0 billion, compared to $3.5 billion in the same quarter last year. And any growth rate below 7% would be the lowest quarterly growth rate for a long time (probably the lowest growth rate ever).AWS: Cash CowWhen looking at the different segments, the picture is quite similar as in the last few quarters and years. Amazon Web Services, which was already launched in 2002, continues to be the cash cow for Amazon, and it is the segment which is generating almost all the operating income. In the third quarter of fiscal 2022, AWS generated $20,538 million in net sales. Compared to the same quarter last year, this resulted in 27% year-over-year growth (28% in FX adjusted numbers). Operating income in Q3/22 was $5,403 million, resulting in 11% year-over-year growth.Amazon Q3/22 PresentationAnd as we can see in the chart below, Amazon is the clear market leader in a fast-growing market. In Q4/21, Amazon AWS had a market share of 33% and was clearly ahead of its two main competitors – Microsoft (MSFT) with Microsoft Azure and Alphabet (GOOG,GOOGL) with Google Cloud.VisualCapitalistIn my previous article about Alphabet, I already mentioned the fast-growing cloud market. Alphabet stated in a recent presentation that the cloud market is still in its early stage. According to this presentation, the public cloud services spendings are expected to double between 2022 and 2026, and not only Alphabet will profit from this trend but Amazon as well.Alphabet Q3/22 PresentationAnd this is backed up by several different studies (seehereandhere) andforecaststhat also expect high growth rates for the cloud business in the years to come.Retail: StrugglingWhile AWS is continuing to grow at a high pace and is very profitable for Amazon, the retail business of Amazon – which is responsible for the biggest part of revenue – seems to struggle once again. The North America segment could still grow the top line at a solid pace, with increased revenue 20% year-over-year, from $65,557 million in the same quarter last year to $78,743 million this quarter. But while the segment could generate an operating profit of $880 million in the same quarter last year, it is now reporting an operating loss of $142 million.Amazon Q3/22 PresentationAnd not only its North America segment was unprofitable this quarter. Its international segment was also unprofitable once again and reported an operating loss of $2,466 million (compared to an operating loss of $911 million in the same quarter last year). Additionally, the segment also had to report declining sales. Compared to $29,145 million in Q3/21, sales in Q3/22 were only $27,720 resulting in 5% year-over-year decline. However, this was in large parts due to currency effects – FX adjusted, sales increased 12% year-over-year.Amazon Q3/22 PresentationSo, to be honest, results are not so bad. Both segments are not profitable (we will get to this later) but the mediocre top line results are also due to the strong dollar which affected Amazon’s business – like it affected many other U.S. businesses.And when looking at the expectations for the holiday sales, analysts and the NRF, the National Retail Federation, are quite optimistic. For the months of November and December 2022,holiday sales are expectedto be between $942.6 million and $960.4 million– resulting in 6% to 8% year-over-year growth, which is quite an optimistic forecast. Compared to the last two years (with growth rates of 9.3% in 2020 and 13.5% in 2021), this seems moderate.NRFAnd when looking at longer timeframes, growth expectations are also high – not only for the holiday sales. While retail sales are expected to grow only with a CAGR of 3.70% between 2021 and 2026 (according to Statista), ecommerce sales are expected to grow with a much higher pace (and Amazon is generating most of its sales online). For the years from 2023 till 2026, analysts are expecting ecommerce sales to growabout 12% annually.eMarketer // InsiderIntelligenceNow we must question if these growth expectations are realistic – especially as we are seeing strong signs for the economy crumbling and not only in the United States of America. Aside from the stock market declining about 20% (which is an early warning indicator), theyield curve inverted recently(one of the best warning signs for a recession) anddisposable income per capitais also declining for several months in a row now.In a recession, we usually see spendings decline and here we must take a closer look at Amazon’s revenue streams. About 16% stem from AWS (see section above), and companies might cut back on spendings here – although these are fundamental services for a business. An additional 7% of revenue is stemming from subscription services, and due to switching costs we can be confident to see numbers be at least stable (many people rely on Amazon Prime for free shipping as well as the video and music content).But about 42% of revenue stems from online stores, and about 23% stems from third-party sellers. And in both cases, we must assume consumers spending is less, which could lead to declining revenue for Amazon (or at least lower growth rates). An additional 8% of revenue is stemming from advertising and these are classical examples for businesses to cut spendings.All in all, we should be rather cautious about Amazon’s top line growth in the next few quarters. And we should even think about the possibility of declining revenue in some quarters – depending on how extreme the recession gets.Investing in the futureAnd while declining revenue (or slower growth rates) could be an issue in the coming quarters, the bottom-line results already are a reason for concern right now. Since the fourth quarter of fiscal 2021, free cash flow is negative again (when looking at the TTM numbers). And while Amazon has done a pretty good job of convincing investors to focus on top line growth and ignore profitability (something Meta Platforms (META) is failing horrible right now), investors also seem to be concerned about Amazon as well.And I must be honest: I am also a bit irritated that Amazon, a business which is almost 30 years old and one of the major corporations in the world, is failing once again to be profitable. On the other hand, it is good to invest in the future, and we should be confident these investments will pay off.We will especially focus on the operating expenses, as these amounts will mostly driver future growth – they include sales, marketing, research, and development. And while Amazon spent about 35% of its revenue on operating expenses in the years 2019 till 2021, it spent over 40% in the last four quarters. And when comparing Amazon to other retail companies, the difference is huge. Walmart (WMT), Target (TGT), and Kroger (KR), for example, are spending about 20% of revenue on operating expenses (Target is spending a little more than the other two). Amazon is spending twice as much of its revenue, and when this spending pays off, Amazon will probably profit in the future by higher growth rates and higher sales.Total Operating Expenses % of revenue201920212021TTMAmazon35.81%33.64%36.74%40.46%Walmart20.59%20.01%20.57%20.54%Target23.71%22.21%20.73%20.79%Kroger20.59%21.59%20.03%19.24%Of course, the long-term goal should be to spend only as much as necessary and cut cost of revenue as well as operating expenses as this will increase profitability. In case of Amazon, we can see that the company was able to lower its costs of revenue (as percentage of revenue) constantly during the last decade, while operating expenses increased over time.But if Amazon can lower its operating expenses over time – and therefore increase operating margin it can be extremely profitable. And it doesn’t even have to lower its operating expenses to 20% of revenue like Walmart or Target – 30% to 35% is enough to multiply its operating income.Intrinsic Value CalculationAnd these increased spendings led to Amazon trading for extremely high valuation multiples once again. As free cash flow is negative, we can’t calculate a reasonable P/FCF ratio at this point. The P/E ratio however is 83 right now and although this is below the 5-year average (which is 105), we can’t really argue that a P/E ratio of almost 100 is cheap in any way. Such a high P/E ratio is even difficult to justify with high growth rates.Data by YChartsHowever, it can be justified – at least in parts – by extraordinary high operating expenses, which might not only result in higher revenue growth but also in higher operating income once the high expenditures are reduced again. If we assume only about 35% of revenue spent as operating expenses in addition to 57% of revenue for costs of revenue, we will get an operating margin around 8% and an operating income of $40,000 right now. This would result in earnings per share around $3.50 in my opinion (considering taxes and interest expenses) and Amazon would therefore trade for a P/E ratio of 26.This is a much more reasonable P/E ratio, but still a bit high in current market conditions – and we are calculating with hypothetical assumptions. I have mentioned several times that we must probably adapt to a new reality of lower P/E ratios and lower CAPE ratios. We got so used to these extremely high valuation multiples for several years now that we assume they are the norm. But the last few years have been an extreme outlier – stocks are not trading for a CAPE ratio of 30.Advisor PerspectivesUsually, I offer an intrinsic value by using a discount cash flow calculation. For such a calculation we must make several assumptions and in case of Amazon it is extremely difficult to make these assumptions as the company is lacking consistency. We could assume operating margin to improve again in the coming quarters and Amazon still growing its top line in the mid-to-high teens and we get an extremely undervalued stock. But we could also argue that growth rates will slow down, the recession will hit Amazon hard, and profitability will decline even further in a challenging macroeconomic environment and the stock remains overvalued.Technical PictureInstead of trying to calculate an intrinsic value for the stock I will rather focus on the chart and the sentiment surrounding stocks – especially high-growth companies (which are close to being unprofitable).I already started writing parts of this article about two weeks ago before earnings were reported. At that point I theorized that the stock could go up to $145 again. But I didn’t consider that scenario to be very realistic. Instead, I rather assumed the stock to decline to $100 again. And while I expected the stock to break below $100 at some point in the next few months, I didn’t think it would happen so quickly.TradingViewWhen looking at the chart, we can identify two strong support levels for Amazon. And a first reasonable mid-term target for the stock over the next few months is between $65 and $72. At that level we find not only the 38% Fibonacci retracement level of the last upward wave, but also the lows of the late 2018 correction. Additionally, we have a long-term trendline connecting the lows of the Dotcom bubble crash and the Great Financial Crisis. At $65, we are already looking at a 65% decline, but I don’t want to bet on Amazon already finding its cyclical bottom there.A next potential support level would be around $45 where we find the 23% Fibonacci retracement as well as the 200-months moving average. And especially the latter is often the target for stocks in steep corrections. At that point we are looking at a 76% decline, which might seem extreme right now but is possible. And I would also not be surprised if Amazon goes even lower – depending on how the next recession and bear market play out.ConclusionAmazon is not extremely expensive anymore. However, I don’t see Amazon as the extreme bargain many other contributors are seeing (when scrolling through the articles, I only see bullish and extremely bullish views about Amazon).I avoided Amazon as an investment for a long time, as I considered the stock as being just too expensive. Now, Amazon is certainly getting to price regions where the stock is starting to get interesting, but I won’t pull the trigger yet, as Amazon is still above the cycle bottom in my opinion. Investors have not priced in what is about to come for the economy as well as the stock market. And when comparing Amazon to other big tech companies – like Alphabet or Meta Platforms – the stock is still trading for rather high valuation multiples making it vulnerable to downside risk. I personally will get interested in Amazon when it is trading for $65 to $70.","news_type":1},"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9987511005,"gmtCreate":1667949833508,"gmtModify":1676537987689,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>on watchlist","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>on watchlist","text":"$Apple(AAPL)$on 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Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9988440540","isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9988440685,"gmtCreate":1666826834847,"gmtModify":1676537811058,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>waiting for entry price","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>waiting for entry price","text":"$Tesla Motors(TSLA)$waiting for entry price","images":[{"img":"https://community-static.tradeup.com/news/7555ff264273b3a530d11e8fe5d990c6","width":"720","height":"1671"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9988440685","isVote":1,"tweetType":1,"viewCount":264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9988457402,"gmtCreate":1666826799606,"gmtModify":1676537811035,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>have faith! Keep rising","listText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>have faith! Keep rising","text":"$Alibaba(BABA)$have faith! Keep rising","images":[{"img":"https://community-static.tradeup.com/news/1307c4950c30581789a1248d107f87a1","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9988457402","isVote":1,"tweetType":1,"viewCount":303,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9988457919,"gmtCreate":1666826754131,"gmtModify":1676537811011,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GOOG\">$Alphabet(GOOG)$</a>have faith","listText":"<a href=\"https://ttm.financial/S/GOOG\">$Alphabet(GOOG)$</a>have faith","text":"$Alphabet(GOOG)$have faith","images":[{"img":"https://community-static.tradeup.com/news/c8c5462eeefecca214b64ac406a1f423","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9988457919","isVote":1,"tweetType":1,"viewCount":305,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9988455371,"gmtCreate":1666826640693,"gmtModify":1676537810964,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9988455371","repostId":"2278320700","repostType":2,"repost":{"id":"2278320700","kind":"highlight","pubTimestamp":1666809643,"share":"https://ttm.financial/m/news/2278320700?lang=&edition=fundamental","pubTime":"2022-10-27 02:40","market":"us","language":"en","title":"Chinese Stocks in US Extend Rally Nearly Erasing Record Selloff","url":"https://stock-news.laohu8.com/highlight/detail?id=2278320700","media":"Bloomberg","summary":"(Bloomberg) -- Chinese stocks in the US are extending their rally after a record selloff on Monday, ","content":"<html><body><p>(Bloomberg) -- Chinese stocks in the US are extending their rally after a record selloff on Monday, as Beijing’s pledge to support its financial markets lifted investor confidence and retail traders bought the dip. </p>\n<p>Most Read from Bloomberg</p>\n<ul>\n<li>Adidas Cuts Ties With Ye, Absorbing €250 Million Profit Hit</li>\n<li>New Covid Boosters Aren’t Better Than Old Ones, Study Finds</li>\n<li>Too Much Gas. Europe’s Energy Crisis Takes a Surprise Turn</li>\n<li>Musk Tells Bankers He Plans to Close Twitter Deal on Friday</li>\n</ul>\n<p>The Nasdaq Golden Dragon China Index, rose as much as 9.3% on Wednesday, bringing its two-day gain to more than 14%, the most since March. The index has already erased over two-thirds of its losses from Monday’s session. Among the top performers, Alibaba Group Holding Ltd., JD.com Inc. and Pinduoduo Inc. jumped more than 9%, while Nio Inc. advanced 2.5%. </p>\n<p>Some investors saw a glimmer of hope after China’s central bank and foreign-exchange regulator vowed to ensure the healthy development of financial markets and reiterated that the yuan would be “basically stable.” The comments followed President Xi Jinping’s tightening of control over the government, which spurred fears among foreign investors that his strategy will stifle the nation’s economy and private enterprise. </p>\n<p>“While sentiment is likely to stay depressed and markets could remain volatile until concrete policy actions emerge, pro-growth announcements could lead to sharp rallies, as happened in May or June,” UBS Global Wealth Management Chief Investment Officer Mark Haefele wrote in a note Wednesday. </p>\n<p>The risks and upsides for China equities are balanced, and investors should consider sticking to benchmark allocations for Chinese stocks rather than going underweight, according to Haefele. “Those with a lower allocation could consider buying on dips, and we continue to recommend positioning in sectors with resilient earnings given the prevailing headwinds,” he wrote.</p>\n<p>That’s exactly what some traders did during Monday’s epic selloff. The American depositary receipts of Chinese companies were among the most heavily purchased stocks this week as retail investors sought to “buy the dip,” Vanda Research analysts including Marco Iachini wrote in a note on Wednesday.</p>\n<p>Retail investors’ purchase of the top Chinese ADRs Monday surpassed levels last seen during the Shanghai lockdowns in March, with more than $157 million of net flows, according to Vanda. Alibaba, Nio and Pinduoduo were the biggest beneficiaries with $92 million, $32 million and $12 million of net inflows, respectively, the report said, noting that Alibaba attracted close to 60% of the inflows on that day.</p>\n<p>Still, China’s equity markets remain fragile and are at risk of being bogged down by the nation’s Covid-zero policy. Reports of a lockdown in one of Wuhan city’s central districts dealt a blow to indexes in China and Hong Kong early Wednesday.</p>\n<p>Most Read from Bloomberg Businessweek</p>\n<ul>\n<li>What the Alzheimer’s Drug Breakthrough Means for Other Diseases</li>\n<li>The Fantasy of Instant Delivery Is Imploding</li>\n<li>10 Takeaways From Matt Levine’s ‘The Crypto Story’</li>\n<li>From Bedrooms to Kitchens, Europe Ponders How Cold Is Too Cold</li>\n<li>The Private Jet That Took 100 Russians Away From Putin’s War</li>\n</ul>\n<p>©2022 Bloomberg L.P.</p></body></html>","source":"yahoofinance","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>Chinese Stocks in US Extend Rally Nearly Erasing Record Selloff</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; 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}\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\">\nChinese Stocks in US Extend Rally Nearly Erasing Record Selloff\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-27 02:40 GMT+8 <a href=https://finance.yahoo.com/news/chinese-stocks-us-extend-rally-184043641.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Chinese stocks in the US are extending their rally after a record selloff on Monday, as Beijing’s pledge to support its financial markets lifted investor confidence and retail traders ...</p>\n\n<a href=\"https://finance.yahoo.com/news/chinese-stocks-us-extend-rally-184043641.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/cRu8hrChGHX5YjkAgyQqvg--~B/aD02NzU7dz0xMjAwO2FwcGlkPXl0YWNoeW9u/https://s.yimg.com/uu/api/res/1.2/06JrY0cwXQNsMgizPF4e.A--~B/aD02NzU7dz0xMjAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/bloomberg_markets_842/e7ba8999722ce275f2bb8c2145148a5a","relate_stocks":{"BK4007":"制药","BK4575":"芯片概念","BK4558":"双十一","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","QNETCN":"纳斯达克中美互联网老虎指数","BK4524":"宅经济概念","BK4535":"淡马锡持仓","BK4527":"明星科技股","BK4538":"云计算","BK4526":"热门中概股","BK4579":"人工智能","BK4503":"景林资产持仓","BK4122":"互联网与直销零售","BK4502":"阿里概念","BABA":"阿里巴巴","BK4505":"高瓴资本持仓","BK4504":"桥水持仓","BK4581":"高盛持仓","LU1688375341.USD":"贝莱德中国灵活股票基金","BK4548":"巴美列捷福持仓","BK4565":"NFT概念","PDD":"拼多多","BK4539":"次新股","TERN":"Terns Pharmaceuticals, Inc.","CRCT":"Cricut, Inc.","BK4554":"元宇宙及AR概念","BK4191":"家用电器","BK4531":"中概回港概念","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","LU1046422090.SGD":"Fidelity Pacific A-SGD","09988":"阿里巴巴-W","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)"},"source_url":"https://finance.yahoo.com/news/chinese-stocks-us-extend-rally-184043641.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2278320700","content_text":"(Bloomberg) -- Chinese stocks in the US are extending their rally after a record selloff on Monday, as Beijing’s pledge to support its financial markets lifted investor confidence and retail traders bought the dip. \nMost Read from Bloomberg\n\nAdidas Cuts Ties With Ye, Absorbing €250 Million Profit Hit\nNew Covid Boosters Aren’t Better Than Old Ones, Study Finds\nToo Much Gas. Europe’s Energy Crisis Takes a Surprise Turn\nMusk Tells Bankers He Plans to Close Twitter Deal on Friday\n\nThe Nasdaq Golden Dragon China Index, rose as much as 9.3% on Wednesday, bringing its two-day gain to more than 14%, the most since March. The index has already erased over two-thirds of its losses from Monday’s session. Among the top performers, Alibaba Group Holding Ltd., JD.com Inc. and Pinduoduo Inc. jumped more than 9%, while Nio Inc. advanced 2.5%. \nSome investors saw a glimmer of hope after China’s central bank and foreign-exchange regulator vowed to ensure the healthy development of financial markets and reiterated that the yuan would be “basically stable.” The comments followed President Xi Jinping’s tightening of control over the government, which spurred fears among foreign investors that his strategy will stifle the nation’s economy and private enterprise. \n“While sentiment is likely to stay depressed and markets could remain volatile until concrete policy actions emerge, pro-growth announcements could lead to sharp rallies, as happened in May or June,” UBS Global Wealth Management Chief Investment Officer Mark Haefele wrote in a note Wednesday. \nThe risks and upsides for China equities are balanced, and investors should consider sticking to benchmark allocations for Chinese stocks rather than going underweight, according to Haefele. “Those with a lower allocation could consider buying on dips, and we continue to recommend positioning in sectors with resilient earnings given the prevailing headwinds,” he wrote.\nThat’s exactly what some traders did during Monday’s epic selloff. The American depositary receipts of Chinese companies were among the most heavily purchased stocks this week as retail investors sought to “buy the dip,” Vanda Research analysts including Marco Iachini wrote in a note on Wednesday.\nRetail investors’ purchase of the top Chinese ADRs Monday surpassed levels last seen during the Shanghai lockdowns in March, with more than $157 million of net flows, according to Vanda. Alibaba, Nio and Pinduoduo were the biggest beneficiaries with $92 million, $32 million and $12 million of net inflows, respectively, the report said, noting that Alibaba attracted close to 60% of the inflows on that day.\nStill, China’s equity markets remain fragile and are at risk of being bogged down by the nation’s Covid-zero policy. Reports of a lockdown in one of Wuhan city’s central districts dealt a blow to indexes in China and Hong Kong early Wednesday.\nMost Read from Bloomberg Businessweek\n\nWhat the Alzheimer’s Drug Breakthrough Means for Other Diseases\nThe Fantasy of Instant Delivery Is Imploding\n10 Takeaways From Matt Levine’s ‘The Crypto Story’\nFrom Bedrooms to Kitchens, Europe Ponders How Cold Is Too Cold\nThe Private Jet That Took 100 Russians Away From Putin’s War\n\n©2022 Bloomberg L.P.","news_type":1},"isVote":1,"tweetType":1,"viewCount":91,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917535478,"gmtCreate":1665538085294,"gmtModify":1676537623182,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/D05.SI\">$DBS GROUP HOLDINGS LTD(D05.SI)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/D05.SI\">$DBS GROUP HOLDINGS LTD(D05.SI)$</a><v-v data-views=\"1\"></v-v>","text":"$DBS GROUP HOLDINGS LTD(D05.SI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9917535478","isVote":1,"tweetType":1,"viewCount":223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917668982,"gmtCreate":1665500857247,"gmtModify":1676537617617,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$</a><v-v data-views=\"0\"></v-v>","listText":"<a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$</a><v-v data-views=\"0\"></v-v>","text":"$Microsoft(MSFT)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9917668982","isVote":1,"tweetType":1,"viewCount":193,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917059511,"gmtCreate":1665395418133,"gmtModify":1676537598799,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GOOG\">$Alphabet(GOOG)$</a>am confident GOOG will rise 150 in the long term","listText":"<a href=\"https://ttm.financial/S/GOOG\">$Alphabet(GOOG)$</a>am confident GOOG will rise 150 in the long term","text":"$Alphabet(GOOG)$am confident GOOG will rise 150 in the long term","images":[{"img":"https://community-static.tradeup.com/news/76e4bceab7672bb45d9e676b3c00be9b","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9917059511","isVote":1,"tweetType":1,"viewCount":212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9917059179,"gmtCreate":1665395330591,"gmtModify":1676537598774,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>has it bottomed already?? ","listText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>has it bottomed already?? ","text":"$Alibaba(BABA)$has it bottomed already??","images":[{"img":"https://community-static.tradeup.com/news/486ef6ec24654b250dde47cfb50aa839","width":"720","height":"1280"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9917059179","isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":9903331026,"gmtCreate":1658969676465,"gmtModify":1676536236569,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/A17U.SI\">$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$</a>waiting for its earnings report next week. It's time for Ascendas reits to rise. ","listText":"<a href=\"https://ttm.financial/S/A17U.SI\">$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$</a>waiting for its earnings report next week. It's time for Ascendas reits to rise. ","text":"$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$waiting for its earnings report next week. It's time for Ascendas reits to rise.","images":[{"img":"https://community-static.tradeup.com/news/de90f2c23f1128b240225cbcd20d7df6","width":"720","height":"1280"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":96,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9903331026","isVote":1,"tweetType":1,"viewCount":2436,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4093059271761650","authorId":"4093059271761650","name":"powerbert","avatar":"https://static.tigerbbs.com/58b4a4434d2d9949729ba54620260514","crmLevel":4,"crmLevelSwitch":1,"idStr":"4093059271761650","authorIdStr":"4093059271761650"},"content":"Yes, I am holding on to it for dividend income.","text":"Yes, I am holding on to it for dividend income.","html":"Yes, I am holding on to it for dividend income."}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9909998309,"gmtCreate":1658796216101,"gmtModify":1676536208529,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CRM\">$Salesforce.com(CRM)$</a>it's a quality company, after the drop, the financial ratios are still showing over-valuedness.. will wait and see. ","listText":"<a href=\"https://ttm.financial/S/CRM\">$Salesforce.com(CRM)$</a>it's a quality company, after the drop, the financial ratios are still showing over-valuedness.. will wait and see. ","text":"$Salesforce.com(CRM)$it's a quality company, after the drop, the financial ratios are still showing over-valuedness.. will wait and see.","images":[{"img":"https://community-static.tradeup.com/news/91ef09cd975f37cc87cfef55aa43a0c8","width":"720","height":"1924"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":69,"commentSize":68,"repostSize":1,"link":"https://ttm.financial/post/9909998309","isVote":1,"tweetType":1,"viewCount":1363,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9084851201,"gmtCreate":1650849458215,"gmtModify":1676534802672,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CMOU.SI\">$KEPPEL-KBS US REIT(CMOU.SI)$</a>will this reit benefit from the employees returning back to office in US? ","listText":"<a href=\"https://ttm.financial/S/CMOU.SI\">$KEPPEL-KBS US REIT(CMOU.SI)$</a>will this reit benefit from the employees returning back to office in US? ","text":"$KEPPEL-KBS US REIT(CMOU.SI)$will this reit benefit from the employees returning back to office in US?","images":[{"img":"https://community-static.tradeup.com/news/81b6e2c7b012bc7ca65d88b1c7bfb450","width":"720","height":"1866"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":64,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9084851201","isVote":1,"tweetType":1,"viewCount":1652,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4104039387995040","authorId":"4104039387995040","name":"zlance","avatar":"https://community-static.tradeup.com/news/370e81d47f8e6fe16078e6a4dbfc2bfd","crmLevel":9,"crmLevelSwitch":1,"idStr":"4104039387995040","authorIdStr":"4104039387995040"},"content":"Employees may return but commercial real estate was changed by covid. Definitely the reit is is doing well on its existing long term lease & the fact it's a real asset (inflation hedge)","text":"Employees may return but commercial real estate was changed by covid. Definitely the reit is is doing well on its existing long term lease & the fact it's a real asset (inflation hedge)","html":"Employees may return but commercial real estate was changed by covid. Definitely the reit is is doing well on its existing long term lease & the fact it's a real asset (inflation hedge)"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9909647343,"gmtCreate":1658877800182,"gmtModify":1676536220461,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GOOG\">$Alphabet(GOOG)$</a>didn't expect GOOG to jump post market. Was preparing my bullet to DCA. Anyway it's still good! ","listText":"<a href=\"https://ttm.financial/S/GOOG\">$Alphabet(GOOG)$</a>didn't expect GOOG to jump post market. Was preparing my bullet to DCA. Anyway it's still good! ","text":"$Alphabet(GOOG)$didn't expect GOOG to jump post market. Was preparing my bullet to DCA. Anyway it's still good!","images":[{"img":"https://community-static.tradeup.com/news/f8711c80b4d2ce30d587e58ddad3373f","width":"720","height":"1280"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":57,"commentSize":62,"repostSize":1,"link":"https://ttm.financial/post/9909647343","isVote":1,"tweetType":1,"viewCount":1362,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9085714209,"gmtCreate":1650765797171,"gmtModify":1676534788675,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>holding long term. Should i average down or should i not ? waiting for the tide to turn around.","listText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>holding long term. Should i average down or should i not ? waiting for the tide to turn around.","text":"$Alibaba(BABA)$holding long term. Should i average down or should i not ? waiting for the tide to turn around.","images":[{"img":"https://community-static.tradeup.com/news/88bb2f0b19f7604b3b94c0ed02f44382","width":"720","height":"1280"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":54,"commentSize":0,"repostSize":2,"link":"https://ttm.financial/post/9085714209","isVote":1,"tweetType":1,"viewCount":1079,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3566089803841994","authorId":"3566089803841994","name":"Et1502","avatar":"https://static.tigerbbs.com/593ec0056928c16af9027b7137674d79","crmLevel":9,"crmLevelSwitch":0,"idStr":"3566089803841994","authorIdStr":"3566089803841994"},"content":"Suggest you re-assess your invest strategy. My real-life eg: sold/cut-loss BABA immy buy AMZN & re-coup. BABA was my love, but US CHN Trade Tension & BABA intl Mgt problem have tarnished her future","text":"Suggest you re-assess your invest strategy. My real-life eg: sold/cut-loss BABA immy buy AMZN & re-coup. BABA was my love, but US CHN Trade Tension & BABA intl Mgt problem have tarnished her future","html":"Suggest you re-assess your invest strategy. My real-life eg: sold/cut-loss BABA immy buy AMZN & re-coup. BABA was my love, but US CHN Trade Tension & BABA intl Mgt problem have tarnished her future"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9909645652,"gmtCreate":1658877676177,"gmtModify":1676536220429,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AMZN\">$Amazon.com(AMZN)$</a>how will AMZN fare in its coming Thursday's earning report? Hope it shows resilience. ","listText":"<a href=\"https://ttm.financial/S/AMZN\">$Amazon.com(AMZN)$</a>how will AMZN fare in its coming Thursday's earning report? Hope it shows resilience. ","text":"$Amazon.com(AMZN)$how will AMZN fare in its coming Thursday's earning report? Hope it shows resilience.","images":[{"img":"https://community-static.tradeup.com/news/f5ec0754131247f26a60026be47ad11f","width":"720","height":"1924"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":50,"commentSize":54,"repostSize":0,"link":"https://ttm.financial/post/9909645652","isVote":1,"tweetType":1,"viewCount":915,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3570703498190284","authorId":"3570703498190284","name":"Mungerism","avatar":"https://community-static.tradeup.com/news/382803d46d93f3488adc8df288c0d222","crmLevel":8,"crmLevelSwitch":1,"idStr":"3570703498190284","authorIdStr":"3570703498190284"},"content":"Microsoft cloud revenue still grew strongly , may imply that AWS should do well ? ( huge part if AMZN profit)","text":"Microsoft cloud revenue still grew strongly , may imply that AWS should do well ? ( huge part if AMZN profit)","html":"Microsoft cloud revenue still grew strongly , may imply that AWS should do well ? ( huge part if AMZN profit)"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9062865746,"gmtCreate":1652051853685,"gmtModify":1676535018107,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/A17U.SI\">$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$</a>don't know why it's going down lately.. profit taking period?","listText":"<a href=\"https://ttm.financial/S/A17U.SI\">$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$</a>don't know why it's going down lately.. profit taking period?","text":"$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$don't know why it's going down lately.. profit taking period?","images":[{"img":"https://community-static.tradeup.com/news/1dd1865b992dbd6fbe216c3330da13ac","width":"720","height":"1280"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":55,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9062865746","isVote":1,"tweetType":1,"viewCount":1140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9028370836,"gmtCreate":1653180477025,"gmtModify":1676535234659,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/OXMU.SI\">$Prime US ReitUSD(OXMU.SI)$</a>just increased my position (DCA) in this Reit. Hope it will reap me good capital gain while enjoying its dividend. ","listText":"<a href=\"https://ttm.financial/S/OXMU.SI\">$Prime US ReitUSD(OXMU.SI)$</a>just increased my position (DCA) in this Reit. Hope it will reap me good capital gain while enjoying its dividend. ","text":"$Prime US ReitUSD(OXMU.SI)$just increased my position (DCA) in this Reit. Hope it will reap me good capital gain while enjoying its dividend.","images":[{"img":"https://community-static.tradeup.com/news/cfc4da0f7b3879ef9f88d56c78f816e5","width":"720","height":"1280"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":50,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9028370836","isVote":1,"tweetType":1,"viewCount":818,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3571113797749536","authorId":"3571113797749536","name":"neosg","avatar":"https://static.tigerbbs.com/fc9ad7a3430e4784449db6c7be4fa003","crmLevel":2,"crmLevelSwitch":1,"idStr":"3571113797749536","authorIdStr":"3571113797749536"},"content":"dca good","text":"dca good","html":"dca good"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9020302618,"gmtCreate":1652576352235,"gmtModify":1676535121914,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CWBU.SI\">$Cromwell Reit EUR(CWBU.SI)$</a>may be opportunity to buy. Fundamental is okay, weak EURO means cheaper convertion rate.","listText":"<a href=\"https://ttm.financial/S/CWBU.SI\">$Cromwell Reit EUR(CWBU.SI)$</a>may be opportunity to buy. Fundamental is okay, weak EURO means cheaper convertion rate.","text":"$Cromwell Reit EUR(CWBU.SI)$may be opportunity to buy. Fundamental is okay, weak EURO means cheaper convertion rate.","images":[{"img":"https://community-static.tradeup.com/news/1e7593f76c1e50276fa35cd05eea7fea","width":"720","height":"2238"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":31,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9020302618","isVote":1,"tweetType":1,"viewCount":888,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9040972142,"gmtCreate":1655605771786,"gmtModify":1676535669738,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AU8U.SI\">$CapLand China T(AU8U.SI)$</a>has been accumulating this. It should be a good income play and reap good captial gain in future.","listText":"<a href=\"https://ttm.financial/S/AU8U.SI\">$CapLand China T(AU8U.SI)$</a>has been accumulating this. It should be a good income play and reap good captial gain in future.","text":"$CapLand China T(AU8U.SI)$has been accumulating this. It should be a good income play and reap good captial gain in future.","images":[{"img":"https://community-static.tradeup.com/news/a13c27d06e0471072281371f5f09b7a5","width":"720","height":"2238"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":48,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9040972142","isVote":1,"tweetType":1,"viewCount":790,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9020210424,"gmtCreate":1652657192168,"gmtModify":1676535133072,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$</a>am asking myself , do i dare to buy this stock just like what Cathie Wood did and firmly believe in? I am really not sure.","listText":"<a href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$</a>am asking myself , do i dare to buy this stock just like what Cathie Wood did and firmly believe in? I am really not sure.","text":"$Coinbase Global, Inc.(COIN)$am asking myself , do i dare to buy this stock just like what Cathie Wood did and firmly believe in? I am really not sure.","images":[{"img":"https://community-static.tradeup.com/news/8bbc1090b021730ecd0f74a984951713","width":"720","height":"2296"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":25,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9020210424","isVote":1,"tweetType":1,"viewCount":590,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9069650142,"gmtCreate":1651283901068,"gmtModify":1676534884133,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AMZN\">$Amazon.com(AMZN)$</a>entered a small position last night when its price fell. Let's see. Amazon is still a great business despite this temporary headwinds.","listText":"<a href=\"https://ttm.financial/S/AMZN\">$Amazon.com(AMZN)$</a>entered a small position last night when its price fell. Let's see. Amazon is still a great business despite this temporary headwinds.","text":"$Amazon.com(AMZN)$entered a small position last night when its price fell. Let's see. Amazon is still a great business despite this temporary headwinds.","images":[{"img":"https://community-static.tradeup.com/news/314aa447e33c2afd0db160944771f303","width":"720","height":"2296"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":33,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9069650142","isVote":1,"tweetType":1,"viewCount":839,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4098779164579090","authorId":"4098779164579090","name":"Jadenkho","avatar":"https://community-static.tradeup.com/news/59ca87c49d705e06fc5d2117e2083009","crmLevel":7,"crmLevelSwitch":0,"idStr":"4098779164579090","authorIdStr":"4098779164579090"},"content":"Thanks for sharing","text":"Thanks for sharing","html":"Thanks for sharing"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9056812994,"gmtCreate":1654995505418,"gmtModify":1676535543416,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>just averaged down my AAPL position. Waiting to average down some more if it gets to dip to 120 and below. For long term.","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>just averaged down my AAPL position. Waiting to average down some more if it gets to dip to 120 and below. For long term.","text":"$Apple(AAPL)$just averaged down my AAPL position. Waiting to average down some more if it gets to dip to 120 and below. For long term.","images":[{"img":"https://community-static.tradeup.com/news/f9d7d6af8a2fd1292049a2c507bac468","width":"720","height":"1280"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":28,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9056812994","isVote":1,"tweetType":1,"viewCount":1120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9068883052,"gmtCreate":1651751480576,"gmtModify":1676534961524,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CMOU.SI\">$KEPPEL-KBS US REIT(CMOU.SI)$</a>sold today to invest in US shares. Waiting for the MSFT and AMZN to dip.","listText":"<a href=\"https://ttm.financial/S/CMOU.SI\">$KEPPEL-KBS US REIT(CMOU.SI)$</a>sold today to invest in US shares. Waiting for the MSFT and AMZN to dip.","text":"$KEPPEL-KBS US REIT(CMOU.SI)$sold today to invest in US shares. Waiting for the MSFT and AMZN to dip.","images":[{"img":"https://community-static.tradeup.com/news/d3f8c027b2aa73c7549abcd76d094e7e","width":"720","height":"2238"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":31,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9068883052","isVote":1,"tweetType":1,"viewCount":609,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582365393750926","authorId":"3582365393750926","name":"Skyjieni","avatar":"https://static.tigerbbs.com/ce257ee077d452d2003c74da7e547aee","crmLevel":2,"crmLevelSwitch":0,"idStr":"3582365393750926","authorIdStr":"3582365393750926"},"content":"Go up the stock","text":"Go up the stock","html":"Go up the stock"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9070399328,"gmtCreate":1657008333364,"gmtModify":1676535931194,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/5CP.SI\">$SILVERLAKE AXIS LTD(5CP.SI)$</a>will it be able to break the resistance and climb up more? Banks should be doing well now.","listText":"<a href=\"https://ttm.financial/S/5CP.SI\">$SILVERLAKE AXIS LTD(5CP.SI)$</a>will it be able to break the resistance and climb up more? Banks should be doing well now.","text":"$SILVERLAKE AXIS LTD(5CP.SI)$will it be able to break the resistance and climb up more? Banks should be doing well now.","images":[{"img":"https://community-static.tradeup.com/news/f51d290a6b34e87460b35b2c5b34d129","width":"720","height":"1866"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":23,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9070399328","isVote":1,"tweetType":1,"viewCount":793,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9021589567,"gmtCreate":1653086930259,"gmtModify":1676535219301,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>interesting rebound at the second half of the market. Almost every stock happened the same way. What happened?","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>interesting rebound at the second half of the market. Almost every stock happened the same way. What happened?","text":"$Apple(AAPL)$interesting rebound at the second half of the market. Almost every stock happened the same way. What happened?","images":[{"img":"https://community-static.tradeup.com/news/9a7de2c6ad60be5f544c23112a2a1599","width":"720","height":"1924"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":22,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9021589567","isVote":1,"tweetType":1,"viewCount":476,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3585255751373364","authorId":"3585255751373364","name":"MO75","avatar":"https://static.tigerbbs.com/d033068949889afd8c31c73da66c8e75","crmLevel":5,"crmLevelSwitch":1,"idStr":"3585255751373364","authorIdStr":"3585255751373364"},"content":"Scare all the weak holder? Destroy the option gambler . Option expiry date today.","text":"Scare all the weak holder? Destroy the option gambler . Option expiry date today.","html":"Scare all the weak holder? Destroy the option gambler . Option expiry date today."}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9062335191,"gmtCreate":1652001171314,"gmtModify":1676535012154,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$</a>with my limited resources, I'm choosing to buy between COIN or SQ. But will wait for COIN's earnings report first to decide","listText":"<a href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$</a>with my limited resources, I'm choosing to buy between COIN or SQ. But will wait for COIN's earnings report first to decide","text":"$Coinbase Global, Inc.(COIN)$with my limited resources, I'm choosing to buy between COIN or SQ. But will wait for COIN's earnings report first to decide","images":[{"img":"https://community-static.tradeup.com/news/832460f255fe847ea4b4deeafd61f779","width":"720","height":"2296"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":16,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9062335191","isVote":1,"tweetType":1,"viewCount":702,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3577965120664925","authorId":"3577965120664925","name":"SR050321","avatar":"https://community-static.tradeup.com/news/7a02781de36c0ac0f4851adb1cee54ff","crmLevel":2,"crmLevelSwitch":0,"idStr":"3577965120664925","authorIdStr":"3577965120664925"},"content":"Added my watch list tks","text":"Added my watch list tks","html":"Added my watch list tks"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9064839397,"gmtCreate":1652310927419,"gmtModify":1676535072672,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>this is just the beginning. I think more downward pressure on price from selling in the coming days. I don't dare to enter yet. ","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>this is just the beginning. I think more downward pressure on price from selling in the coming days. I don't dare to enter yet. ","text":"$Apple(AAPL)$this is just the beginning. I think more downward pressure on price from selling in the coming days. I don't dare to enter yet.","images":[{"img":"https://community-static.tradeup.com/news/41faffa3880fc7c3367de498d8408018","width":"720","height":"2296"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":2,"link":"https://ttm.financial/post/9064839397","isVote":1,"tweetType":1,"viewCount":543,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9082747578,"gmtCreate":1650609494412,"gmtModify":1676534763424,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NFLX\">$Netflix(NFLX)$</a>will its share price drop further today? Tempting to buy at 207 (200MA) or below level","listText":"<a href=\"https://ttm.financial/S/NFLX\">$Netflix(NFLX)$</a>will its share price drop further today? Tempting to buy at 207 (200MA) or below level","text":"$Netflix(NFLX)$will its share price drop further today? Tempting to buy at 207 (200MA) or below level","images":[{"img":"https://community-static.tradeup.com/news/5cb5ac517dc385411d232fdb09b72b21","width":"720","height":"2056"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9082747578","isVote":1,"tweetType":1,"viewCount":502,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9063124940,"gmtCreate":1651446663914,"gmtModify":1676534905344,"author":{"id":"3557474505126210","authorId":"3557474505126210","name":"ocllove","avatar":"https://community-static.tradeup.com/news/4406133bd794dd05fd1e6f90c10930df","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3557474505126210","authorIdStr":"3557474505126210"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/A17U.SI\">$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$</a>i believe Ascendas Reit is worth above $3.00. Waiting for Mr Market to recognise that. ","listText":"<a href=\"https://ttm.financial/S/A17U.SI\">$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$</a>i believe Ascendas Reit is worth above $3.00. Waiting for Mr Market to recognise that. ","text":"$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$i believe Ascendas Reit is worth above $3.00. Waiting for Mr Market to recognise that.","images":[{"img":"https://community-static.tradeup.com/news/d2232202bb703d7a166528bdd5b93f6a","width":"720","height":"1280"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":12,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9063124940","isVote":1,"tweetType":1,"viewCount":323,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4106828680803150","authorId":"4106828680803150","name":"TxChris","avatar":"https://community-static.tradeup.com/news/cbe8203471c7ad69a8748a4078a43cf8","crmLevel":5,"crmLevelSwitch":1,"idStr":"4106828680803150","authorIdStr":"4106828680803150"},"content":"With interest rates rising, borrowing costs going up","text":"With interest rates rising, borrowing costs going up","html":"With interest rates rising, borrowing costs going up"}],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}