ngmi personal page - To The Moon

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ngmi

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2023-12-13

$ChargePoint Holdings Inc.(CHPT)$

2022-07-23

k//@iceage:Ohhh

Sorry, the original content has been removed

2022-06-29

ko//@plasticbag:Ok

Bitcoin's Next Headwind: Struggling Crypto Miners

2022-05-06

The writer losing money, asking you to buy so you can be his exit liquidity [Facepalm] [Facepalm] [Facepalm]

Sea Limited: The Astute Investor Buys When The Average Investor Sells

2022-04-10

k//@breAkdaWn:Novax should realise that it's no longer an emergency. For three years they still developing vaccine for emergency use? By now, if they were 3 earnest in healing . should come out with full healing

Why Novavax Stock Dropped 23.6% This Week

2022-03-14

Gaming crypto

2 Metaverse Stocks to Buy Hand Over Fist and 1 to Avoid Like the Plague

2022-03-08

Buy only if you like losing money[Facepalm]

Sorry, the original content has been removed

2022-02-25

A new fantastic point of view

Sorry, the original content has been removed

2022-02-24

Dont wait, sell!

Sorry, the original content has been removed

2022-02-24

Sell, capitulation is not yet in

Sea Limited Offers Serious Upside Potential Following Normalization

2022-02-14

JMIA

Sorry, the original content has been removed

2022-02-01

Fool's article

Sorry, the original content has been removed

2022-01-29

Just buy crypto gaming coins

Sorry, the original content has been removed

2022-01-28

Last chance to get out

Pre-Bell｜Nasdaq Futures Turn Positive; Chevron Missed Bottom-Line Estimates

2022-01-27

Sell! Sell everything! Your house, your wife, your soul!

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2022-01-14

Poor Cathie

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2021-05-25

Motley fool is a joke

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2021-04-20

I got a seizure everytime I look at my portfolio

The Market Has Been Forgiving for Way Too Long

2021-04-02

Motley fool? lol

How Likely Is a Stock Market Crash?

2021-03-19

Hedge fund are just sector rotating to satisfy their boomer clients

Investors really hate tech stocks right now— but should they?

Go to Tiger App to see more news

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href=\"https://ttm.financial/S/CHPT\">$ChargePoint Holdings Inc.(CHPT)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/CHPT\">$ChargePoint Holdings Inc.(CHPT)$ </a>&nbsp;","text":"$ChargePoint Holdings 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href=\"https://laohu8.com/U/3582700442025714\">@iceage</a>:Ohhh","text":"k//@iceage:Ohhh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077223931","repostId":"2253065181","repostType":4,"isVote":1,"tweetType":1,"viewCount":392,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9042519463,"gmtCreate":1656496869152,"gmtModify":1676535840566,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"ko//<a href=\"https://laohu8.com/U/3585042599146244\">@plasticbag</a>:Ok","listText":"ko//<a href=\"https://laohu8.com/U/3585042599146244\">@plasticbag</a>:Ok","text":"ko//@plasticbag:Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9042519463","repostId":"2247096749","repostType":4,"repost":{"id":"2247096749","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1656496519,"share":"https://ttm.financial/m/news/2247096749?lang=&edition=fundamental","pubTime":"2022-06-29 17:55","market":"us","language":"en","title":"Bitcoin's Next Headwind: Struggling Crypto Miners","url":"https://stock-news.laohu8.com/highlight/detail?id=2247096749","media":"Dow Jones","summary":"By Joe Light \n\n\n     The plummeting price of Bitcoin could force crypto miners to sell the tokens to","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\nBy Joe Light \n</pre>\n<p>\n     The plummeting price of Bitcoin could force crypto miners to sell the tokens to fund operations, further pressuring the digital currency. \n</p>\n<p>\n     In good times, crypto mining firms and Bitcoin's price are locked in a virtuous cycle. \n</p>\n<p>\n     The miners own giant warehouses filled with specialized equipment that keep Bitcoin transactions humming and are rewarded more Bitcoin for the work. Rising crypto prices mean the firms can sell fewer of those coins to stay afloat and invest more in the mining equipment, making the Bitcoin network overall more powerful. \n</p>\n<p>\n     These aren't good times. \n</p>\n<p>\n     Since the beginning of May, Bitcoin's price has been cut nearly in half to about $20,600. Shares of some miners have fared even worse. Marathon Digital Holdings (ticker: MARA) is down 63% since May 4, while Riot Blockchain <a href=\"https://laohu8.com/S/RIOT\">$(RIOT)$</a> has fallen 58% and Core Scientific <a href=\"https://laohu8.com/S/CORZ\">$(CORZ)$</a> has fallen about 70%. \n</p>\n<p>\n     The miners are facing a trifecta of problems that can't be solved while the crypto markets stay in the doldrums. \n</p>\n<p>\n     For one, the \"break-even\" Bitcoin price at which the companies still make money by running their server farms -- which seemed a distant worry when Bitcoin traded at $60,000 in November -- now looms large. Though some miners have lower costs, JPMorgan estimates that the average cost of production for a miner is about $15,000 per coin, just 27% below Bitcoin's current level. Some smaller miners, with higher costs, have likely already scaled back operations. \n</p>\n<p>\n     Secondly, in the heady times of last year, some miners made significant expansion plans. Marathon Digital, for example, in May disclosed that its cash on hand had declined by $150 million to $118.5 million at the end of the first quarter, primarily because of investments in new mining activities. \n</p>\n<p>\n     Which leads to the third issue -- one that has bad implications for the entire crypto market. The biggest Bitcoin miners, which have access to the capital markets, might find it hard to borrow money at reasonable rates or issue stock to keep funding operations. Smaller, private Bitcoin miners might not have access to the capital markets at all. That leaves selling Bitcoin, something that some miners have scrupulously avoided, as the best way of raising funds right now, and that could end up continuing to pressure Bitcoin's price. \n</p>\n<p>\n     Analysts for Compass Point Research &amp; Trading in a note on Tuesday said they expect Marathon to start selling its Bitcoin output, and maybe even coins from its balance sheet, to fund growth. A Marathon spokesman said the company has not sold any Bitcoin since October 2020. \"At the end of the day, Bitcoin is a liquid asset -- a tool -- that we produce with a fairly healthy margin, and one that we can leverage should we feel the need to do so,\" the spokesman said. \n</p>\n<p>\n     Riot, the analysts noted, has already been selling coins since March. On the plus side, the analysts said they still see upside to many miners' stocks and have Buy ratings on Marathon and Riot. \n</p>\n<p>\n     \"This offloading of bitcoins has likely already weighed on prices in May and June,\" wrote JPMorgan analysts in a note on Friday, adding that \"there is a risk that this pressure could continue.\" \n</p>\n<p>\n     For now, at least, the companies critical to keeping Bitcoin's blockchain functioning might be the worst enemy of the token's price. \n</p>\n<p>\n     Write to Joe Light at joe.light@barrons.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 29, 2022 08:34 ET (12:34 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin's Next Headwind: Struggling Crypto Miners</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\">\nBitcoin's Next Headwind: Struggling Crypto Miners\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-06-29 17:55</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\nBy Joe Light \n</pre>\n<p>\n     The plummeting price of Bitcoin could force crypto miners to sell the tokens to fund operations, further pressuring the digital currency. \n</p>\n<p>\n     In good times, crypto mining firms and Bitcoin's price are locked in a virtuous cycle. \n</p>\n<p>\n     The miners own giant warehouses filled with specialized equipment that keep Bitcoin transactions humming and are rewarded more Bitcoin for the work. Rising crypto prices mean the firms can sell fewer of those coins to stay afloat and invest more in the mining equipment, making the Bitcoin network overall more powerful. \n</p>\n<p>\n     These aren't good times. \n</p>\n<p>\n     Since the beginning of May, Bitcoin's price has been cut nearly in half to about $20,600. Shares of some miners have fared even worse. Marathon Digital Holdings (ticker: MARA) is down 63% since May 4, while Riot Blockchain <a href=\"https://laohu8.com/S/RIOT\">$(RIOT)$</a> has fallen 58% and Core Scientific <a href=\"https://laohu8.com/S/CORZ\">$(CORZ)$</a> has fallen about 70%. \n</p>\n<p>\n     The miners are facing a trifecta of problems that can't be solved while the crypto markets stay in the doldrums. \n</p>\n<p>\n     For one, the \"break-even\" Bitcoin price at which the companies still make money by running their server farms -- which seemed a distant worry when Bitcoin traded at $60,000 in November -- now looms large. Though some miners have lower costs, JPMorgan estimates that the average cost of production for a miner is about $15,000 per coin, just 27% below Bitcoin's current level. Some smaller miners, with higher costs, have likely already scaled back operations. \n</p>\n<p>\n     Secondly, in the heady times of last year, some miners made significant expansion plans. Marathon Digital, for example, in May disclosed that its cash on hand had declined by $150 million to $118.5 million at the end of the first quarter, primarily because of investments in new mining activities. \n</p>\n<p>\n     Which leads to the third issue -- one that has bad implications for the entire crypto market. The biggest Bitcoin miners, which have access to the capital markets, might find it hard to borrow money at reasonable rates or issue stock to keep funding operations. Smaller, private Bitcoin miners might not have access to the capital markets at all. That leaves selling Bitcoin, something that some miners have scrupulously avoided, as the best way of raising funds right now, and that could end up continuing to pressure Bitcoin's price. \n</p>\n<p>\n     Analysts for Compass Point Research &amp; Trading in a note on Tuesday said they expect Marathon to start selling its Bitcoin output, and maybe even coins from its balance sheet, to fund growth. A Marathon spokesman said the company has not sold any Bitcoin since October 2020. \"At the end of the day, Bitcoin is a liquid asset -- a tool -- that we produce with a fairly healthy margin, and one that we can leverage should we feel the need to do so,\" the spokesman said. \n</p>\n<p>\n     Riot, the analysts noted, has already been selling coins since March. On the plus side, the analysts said they still see upside to many miners' stocks and have Buy ratings on Marathon and Riot. \n</p>\n<p>\n     \"This offloading of bitcoins has likely already weighed on prices in May and June,\" wrote JPMorgan analysts in a note on Friday, adding that \"there is a risk that this pressure could continue.\" \n</p>\n<p>\n     For now, at least, the companies critical to keeping Bitcoin's blockchain functioning might be the worst enemy of the token's price. \n</p>\n<p>\n     Write to Joe Light at joe.light@barrons.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 29, 2022 08:34 ET (12:34 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CORZ":"Core Scientific, Inc.","RIOT":"Riot Platforms","BK4023":"应用软件","BK4116":"互联网服务与基础架构","MARA":"MARA Holdings"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2247096749","content_text":"By Joe Light \n\n\n     The plummeting price of Bitcoin could force crypto miners to sell the tokens to fund operations, further pressuring the digital currency. \n\n\n     In good times, crypto mining firms and Bitcoin's price are locked in a virtuous cycle. \n\n\n     The miners own giant warehouses filled with specialized equipment that keep Bitcoin transactions humming and are rewarded more Bitcoin for the work. Rising crypto prices mean the firms can sell fewer of those coins to stay afloat and invest more in the mining equipment, making the Bitcoin network overall more powerful. \n\n\n     These aren't good times. \n\n\n     Since the beginning of May, Bitcoin's price has been cut nearly in half to about $20,600. Shares of some miners have fared even worse. Marathon Digital Holdings (ticker: MARA) is down 63% since May 4, while Riot Blockchain $(RIOT)$ has fallen 58% and Core Scientific $(CORZ)$ has fallen about 70%. \n\n\n     The miners are facing a trifecta of problems that can't be solved while the crypto markets stay in the doldrums. \n\n\n     For one, the \"break-even\" Bitcoin price at which the companies still make money by running their server farms -- which seemed a distant worry when Bitcoin traded at $60,000 in November -- now looms large. Though some miners have lower costs, JPMorgan estimates that the average cost of production for a miner is about $15,000 per coin, just 27% below Bitcoin's current level. Some smaller miners, with higher costs, have likely already scaled back operations. \n\n\n     Secondly, in the heady times of last year, some miners made significant expansion plans. Marathon Digital, for example, in May disclosed that its cash on hand had declined by $150 million to $118.5 million at the end of the first quarter, primarily because of investments in new mining activities. \n\n\n     Which leads to the third issue -- one that has bad implications for the entire crypto market. The biggest Bitcoin miners, which have access to the capital markets, might find it hard to borrow money at reasonable rates or issue stock to keep funding operations. Smaller, private Bitcoin miners might not have access to the capital markets at all. That leaves selling Bitcoin, something that some miners have scrupulously avoided, as the best way of raising funds right now, and that could end up continuing to pressure Bitcoin's price. \n\n\n     Analysts for Compass Point Research & Trading in a note on Tuesday said they expect Marathon to start selling its Bitcoin output, and maybe even coins from its balance sheet, to fund growth. A Marathon spokesman said the company has not sold any Bitcoin since October 2020. \"At the end of the day, Bitcoin is a liquid asset -- a tool -- that we produce with a fairly healthy margin, and one that we can leverage should we feel the need to do so,\" the spokesman said. \n\n\n     Riot, the analysts noted, has already been selling coins since March. On the plus side, the analysts said they still see upside to many miners' stocks and have Buy ratings on Marathon and Riot. \n\n\n     \"This offloading of bitcoins has likely already weighed on prices in May and June,\" wrote JPMorgan analysts in a note on Friday, adding that \"there is a risk that this pressure could continue.\" \n\n\n     For now, at least, the companies critical to keeping Bitcoin's blockchain functioning might be the worst enemy of the token's price. \n\n\n     Write to Joe Light at joe.light@barrons.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  June 29, 2022 08:34 ET (12:34 GMT)\n\n\n  Copyright (c) 2022 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":358,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9066053924,"gmtCreate":1651825884068,"gmtModify":1676534979098,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"The writer losing money, asking you to buy so you can be his exit liquidity&nbsp;[Facepalm]&nbsp;[Facepalm]&nbsp;[Facepalm]&nbsp;","listText":"The writer losing money, asking you to buy so you can be his exit liquidity&nbsp;[Facepalm]&nbsp;[Facepalm]&nbsp;[Facepalm]&nbsp;","text":"The writer losing money, asking you to buy so you can be his exit liquidity [Facepalm] [Facepalm] [Facepalm]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9066053924","repostId":"2233184399","repostType":4,"repost":{"id":"2233184399","kind":"news","pubTimestamp":1651802485,"share":"https://ttm.financial/m/news/2233184399?lang=&edition=fundamental","pubTime":"2022-05-06 10:01","market":"us","language":"en","title":"Sea Limited: The Astute Investor Buys When The Average Investor Sells","url":"https://stock-news.laohu8.com/highlight/detail?id=2233184399","media":"seekingalpha","summary":"Benjamin Graham, the father of value investing, is famous for saying that the market is like a votin","content":"<html><head></head><body><p>Benjamin Graham, the father of value investing, is famous for saying that the market is like a voting machine in the short run and in the long run, the market is like a weighing machine.</p><p>I think that this encapsulates what has happened with Sea Limited (NYSE:SE) very well as we have seen the stock rise more than 800% from its COVID lows to its all-time high, as sentiment was positive and investors let the price determine the narrative of the stock in the short run. However, in the longer run, as sentiment changes, if the average investor continues to let price determine the stock&#39;s narrative, this can cause the average investor to panic sell their shares in Sea Limited as the stock has dropped more than 70% from its all-time highs. As such, in the long run, the stock market is like a weighing machine that evaluates and measures the fundamentals of the company.</p><p>I would argue that this is the time to be buying Sea Limited rather than let the fear or the price action determine your investment decisions.</p><h2>Investment Thesis</h2><p>I have written elaborate articles on Sea both as an initiation article as well as follow up articles (here and here) as the market moves. With everything that is happening at Sea, my initial investment thesis for Sea still stands, as shown below:</p><p>1. Garena, will continue to be a market leader and serve as a cash cow for Sea, along with solid growth from not just Free Fire but also other budding new developments from its many gaming studios.</p><p>2. Undoubtedly, Sea&#39;s Shopee has the leadership position in Southeast Asia e-commerce. It is currently still in the early days in Southeast Asia for Shopee and it is likely to see strong growth in the future from increasing penetration in the region brought about by multiple tailwinds.</p><p>3. Sea&#39;s market expansion strategy has shown very strong discipline, with a focus on Latin America (LatAm) e-commerce market, which brings exposure to an underpenetrated, fast-growing market. It is also newer and testing waters in some newer geographies in Europe for example.</p><p>4. Sea&#39;s new emerging fintech business, SeaMoney, will bring additional high growth areas with strong digital payments tailwinds.</p><h2>Laser-Focused On Free Cash Flows And Capital Preservation</h2><p>Shopee, which is Sea&#39;s e-commerce arm, Shopee, made 2 announcements barely a month apart about its decision to exit from France and India. The 2 exits in 1 month clearly sank sentiment on the stock as it reduces the potential total addressable market for Sea and these 2 markets are not insignificant.</p><p>However, I am of the view that Sea&#39;s Shopee needs to pick the right battles and show investors that they are prudent with capital and making the right management decisions. As such, I think that the exit from France, and then India, is a blessing in disguise for Shopee as it saves the company and its shareholders the trouble of significant cash burn in highly competitive e-commerce markets in India and France, while being able to reallocate these precious financial resources and time to other markets in which Shopee is able to execute well, gain dominance and ultimately, generate free cash flows and profits.</p><p>Given that the combined GMV of these 2 markets are minimal at 0.3% of total GMV for the Sea Group, this early withdrawal from these 2 markets barely has an impact on current financials of the company due to the early stage trials that Shopee was doing in these markets.</p><p>For the exit from India, this comes at a time of heightened regulatory scrutiny for Sea given Sea&#39;s Free Fire ban in India. As such, given the highly competitive e-commerce market in India and the huge size of the India e-commerce market which implies needing much more capital spending for GMV growth, it is wise for management to exit India to focus on conserving capital for where it would make more sense. For the exit from France, this came as Shopee management found that customer acquisition costs were too high and Shopee could not compete meaningfully in the market, resulting in a prompt decision from management to exit France.</p><p>With the 2 decisions made to exit France and India, I am not expecting Sea to be entering any new markets this year or in the near term, as it will be focusing on its core ASEAN and Taiwan markets and its new focus, Brazil and Latin America markets.</p><h2>Encouraging Trends In Brazil And Latin America For Shopee</h2><p>We are starting to see the results from Shopee&#39;s foray into Brazil and Latin America. As can be seen below, when looking at monthly active users, Shopee has outperformed in this metric compared to all other peers since March of 2021. I attribute this to Shopee gamifying the e-commerce experience, luring customers to return to the Shopee app, thus creating top mind share and, possible market share as well, in Brazil in such a span of slightly more than 2 years.</p><p></p><p><img src=\"https://static.tigerbbs.com/f856157084170e251a60a39175838bb7\" tg-width=\"640\" tg-height=\"385\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Brazil e-commerce: Monthly active users (million) (Sensor <a href=\"https://laohu8.com/S/TWR.AU\">Tower</a>)</p><p>In Colombia, Shopee is already doing in-line or better than the international e-commerce players in the country by relative search index sources.</p><p><img src=\"https://static.tigerbbs.com/3d29b69ed14f44e2efffb15323b85041\" tg-width=\"640\" tg-height=\"400\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Relative search interest in Colombia (Google Trends)</p><p>While Chile remains in the relatively early stages of development, the relative search index shows that momentum is growing in the country only after almost less than a year of Shopee operating in the country.</p><p><img src=\"https://static.tigerbbs.com/dc8edd690b7e883a2e7d065e4e5376d9\" tg-width=\"640\" tg-height=\"401\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Relative Search Index for Chile (Google Trends)</p><p>With improving metrics for Shopee in these LatAm regions, it would make more sense for Shopee to be redirecting its capital preserved from the India and France exit to focus on the opportunities in LatAm given the easier competitive and regulatory environment in the LatAm region.</p><p>In my view, the strategy Shopee takes in Brazil will be similar to its playbook in ASEAN and Taiwan, where it initially strives to gain mindshare and later, market share in the region, and emerge as a leader in the market based on its volumes and scale, which will then bring about the visibility of turning profitable in the region as it looks to reduce logistics costs over the large scale it has amassed.</p><p>Furthermore, Sea recently launched in Brazil the Shopee Live feature, which is basically the live-streaming feature. Live e-commerce is <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the key e-commerce trends in the near term and I am of the opinion that Shopee can create an early advantage over its peers in the live e-commerce segment in LatAm. One key competitor that is currently having a similar live shopping feature is Magazine Luiza, where it offers exclusive discounts during live streaming. Specifically for the live-streaming feature on Shopee Live, this includes live broadcasts during which exclusive coupons are given, or use of guest stars and influencers as live presenters for Shopee Live to drive traffic.</p><p>The Shopee Live feature in Brazil can add a new dimension to the Shopee platform that complements the current e-commerce shopping experience and it also helps Shopee to engage its customers more directly through live-streaming and at the same time provide customers with a value add which is to have a sense of security as the product is reviewed by live streamers.</p><h3>Shopee ASEAN + Taiwan Turning Profitable With Scale</h3><p>Inflation is working in favour of Shopee, in my view. While inflation is affecting major e-commerce players in the form of higher logistics costs from rising cost of labour and fuel, Shopee&#39;s marketplace business model enables it to feel less of the inflation effect. This is in contrast to the 1P competitors that have to actually take on inventory. In addition, I think we will see Shopee have an advantage in the current environment given their focus on mass market and average order value categories, as it is in a good position when customers decide to trade down. In contrast, Sea&#39;s competitor in the region, Alibaba-owned (BABA) Lazada has a focus on higher order value items and premium items, which will be in a tougher position in the current environment.</p><p>Despite challenges from inflation and also potential increasing competition, I still expect that for the core region of ASEAN + Taiwan, we will see Shopee achieving its breakeven target in 2022. While Shopee is focusing on achieving this breakeven target, my channel checks have found that Shopee has managed to outgrow its competitors and maintain the market share it needs, while spending less on a per order basis. In my view, market share is key in e-commerce to ensure favourable unit economics to make the business model work. Further channel checks that have been done shows that Shopee is currently about 5x to 6x larger and 2x to 3x larger than competitors in terms of volumes in Taiwan and ASEAN respectively. As can be seen below, even with reduced spend per user, the monthly active users in the core ASEAN + Taiwan region is not just steady but continuing to grow.</p><p><img src=\"https://static.tigerbbs.com/30b8b1d6c599c34d0744929879160580\" tg-width=\"640\" tg-height=\"383\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Shopee (ASEAN + Taiwan) monthly active users (million) (Sensor Tower)</p><h2>Gaming Fears Has Been Priced In</h2><p>I have discussed the Free Fire ban in India several times in my previous articles on Sea (Found here and here). Although the Singapore government has taken efforts to talk with the Indian government about the ban of Free Fire in India, there is uncertainty about the potential return of the game in India.</p><p>However, I am of the opinion that the Free Fire ban has long been priced in given that the 2022F gaming guidance implies a 35% year over year drop in bookings and this guidance has already excluded all contributions from India.</p><p>There are also concerns about the impact of reopening of economies on Garena as the world economies reopen and normalise. While normalised user behaviour needs to be observed in the near term for any further weakness, management continues to improve the user experience and refresh content</p><h2>SeaMoney</h2><p>For Sea&#39;s financial services arm, SeaMoney, I think we will see the company continue to ramp up on verticals in non-payments like credit, insurance tech, and wealth management. Currently, SeaMoney is most comprehensive in Indonesia and could be rolled out to the Philippines in 2022.</p><p>Shopee Malaysia recently got the digital banking license in Malaysia, along with 4 other consortiums, opening up new opportunities for SeaMoney Malaysia. Furthermore, Shopee Brazil recently received approval as a payment institution in Brazil, paving the way for SeaMoney in the crucial LatAm market.</p><h2>Valuation</h2><p>My worst case SOTP valuation is updated with the latest information on the company, which includes:</p><ol><li>The impact of lower revenue guidance on gaming resulting in some downward revisions in gaming,</li><li>I assume the reallocation of Shopee&#39;s resources and capital expenditures from India and France to LatAm and ASEA and Taiwan, resulting in largely in-line e-commerce projections</li><li>With the new opportunities in Malaysia and Brazil for SeaMoney, I have made upward revisions on SeaMoney.</li></ol><p>With that the updated target price for Sea Limited is $188.25, implying 109% upside from current levels.</p><p><img src=\"https://static.tigerbbs.com/3f135db17b0a51d1121959ee77598fee\" tg-width=\"389\" tg-height=\"457\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>SOTP valuation for Sea Limited (Author generated)</p><h2>Risks</h2><h3>Competition</h3><p>Although Sea has exited the highly competitive market of India, e-commerce is still a competitive business with many competitors with deep pockets. As such Shopee could face fierce competition from global peers as international expansion in the industry continues. For example, Shopee has done well in Southeast Asia but the threat of Tokopedia in Indonesia is still there. Furthermore, Alibaba&#39;s Lazada is ramping up and focusing on international expansion as China&#39;s domestic e-commerce market slows. If competition intensifies, this could be a significant drag to profitability of the e-commerce segment.</p><h3>Execution In New Markets</h3><p>The operating and competitive environment in LatAm, and Europe has its challenges. Although Shopee has had a good run in Southeast Asia, there are still execution risks in these new markets especially with large domestic e-commerce players already present. That said, Shopee has shown strong execution and capital discipline thus far, and will only commit capital to a market it deems core.</p><h3>Synergies In All 3 Business Segments</h3><p>The flywheel effect could prove to be Sea&#39;s competitive advantage if it is able to build its gaming, e-commerce and fintech ecosystem well. However, if synergies between the 3 are not reaped, the company is not maximising the benefit of its entire ecosystem and should each segment operate increasingly in silos, this could result in deterioration of competitive advantage of Sea.</p><h2>Conclusion</h2><p>To bring back the Benjamin Graham quote from earlier, in the short term, the stock market is like a voting machine, highly driven by sentiment and emotions. This is what is driving Sea Limited&#39;s stock price right now with the more than 70% decline from all-time highs. However, as highlighted, the business fundamentals are actually solid and improving. Sea&#39;s Shopee is soon to achieve its breakeven target in ASEAN + Taiwan as it continues to maintain and gain market share, while Shopee is growing rapidly and becoming dominant in LatAm, specifically in Brazil. While uncertainties remain on the gaming front, as I mentioned, I believe that this has already been priced in. Lastly, SeaMoney is seeing multiple opportunities open up in Sea&#39;s core markets and will likely gain greater traction this year.</p><p>As such, with the improving fundamentals, the astute investor would take the chance to invest in a company that is a winner in the fast-growing gaming, e-commerce and digital financial services in Asia and LatAm. With that, my SOTP target price for Sea is $188.25, implying 109% upside from current levels.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Limited: The Astute Investor Buys When The Average Investor Sells</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea Limited: The Astute Investor Buys When The Average Investor Sells\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-06 10:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4507258-sea-limited-the-astute-investor-buys-when-the-average-investor-sells><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Benjamin Graham, the father of value investing, is famous for saying that the market is like a voting machine in the short run and in the long run, the market is like a weighing machine.I think that ...</p>\n\n<a href=\"https://seekingalpha.com/article/4507258-sea-limited-the-astute-investor-buys-when-the-average-investor-sells\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4504":"桥水持仓","BK4526":"热门中概股","SE":"Sea Ltd","BK4548":"巴美列捷福持仓","BK4535":"淡马锡持仓","BGNE":"百济神州","BK4505":"高瓴资本持仓"},"source_url":"https://seekingalpha.com/article/4507258-sea-limited-the-astute-investor-buys-when-the-average-investor-sells","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2233184399","content_text":"Benjamin Graham, the father of value investing, is famous for saying that the market is like a voting machine in the short run and in the long run, the market is like a weighing machine.I think that this encapsulates what has happened with Sea Limited (NYSE:SE) very well as we have seen the stock rise more than 800% from its COVID lows to its all-time high, as sentiment was positive and investors let the price determine the narrative of the stock in the short run. However, in the longer run, as sentiment changes, if the average investor continues to let price determine the stock's narrative, this can cause the average investor to panic sell their shares in Sea Limited as the stock has dropped more than 70% from its all-time highs. As such, in the long run, the stock market is like a weighing machine that evaluates and measures the fundamentals of the company.I would argue that this is the time to be buying Sea Limited rather than let the fear or the price action determine your investment decisions.Investment ThesisI have written elaborate articles on Sea both as an initiation article as well as follow up articles (here and here) as the market moves. With everything that is happening at Sea, my initial investment thesis for Sea still stands, as shown below:1. Garena, will continue to be a market leader and serve as a cash cow for Sea, along with solid growth from not just Free Fire but also other budding new developments from its many gaming studios.2. Undoubtedly, Sea's Shopee has the leadership position in Southeast Asia e-commerce. It is currently still in the early days in Southeast Asia for Shopee and it is likely to see strong growth in the future from increasing penetration in the region brought about by multiple tailwinds.3. Sea's market expansion strategy has shown very strong discipline, with a focus on Latin America (LatAm) e-commerce market, which brings exposure to an underpenetrated, fast-growing market. It is also newer and testing waters in some newer geographies in Europe for example.4. Sea's new emerging fintech business, SeaMoney, will bring additional high growth areas with strong digital payments tailwinds.Laser-Focused On Free Cash Flows And Capital PreservationShopee, which is Sea's e-commerce arm, Shopee, made 2 announcements barely a month apart about its decision to exit from France and India. The 2 exits in 1 month clearly sank sentiment on the stock as it reduces the potential total addressable market for Sea and these 2 markets are not insignificant.However, I am of the view that Sea's Shopee needs to pick the right battles and show investors that they are prudent with capital and making the right management decisions. As such, I think that the exit from France, and then India, is a blessing in disguise for Shopee as it saves the company and its shareholders the trouble of significant cash burn in highly competitive e-commerce markets in India and France, while being able to reallocate these precious financial resources and time to other markets in which Shopee is able to execute well, gain dominance and ultimately, generate free cash flows and profits.Given that the combined GMV of these 2 markets are minimal at 0.3% of total GMV for the Sea Group, this early withdrawal from these 2 markets barely has an impact on current financials of the company due to the early stage trials that Shopee was doing in these markets.For the exit from India, this comes at a time of heightened regulatory scrutiny for Sea given Sea's Free Fire ban in India. As such, given the highly competitive e-commerce market in India and the huge size of the India e-commerce market which implies needing much more capital spending for GMV growth, it is wise for management to exit India to focus on conserving capital for where it would make more sense. For the exit from France, this came as Shopee management found that customer acquisition costs were too high and Shopee could not compete meaningfully in the market, resulting in a prompt decision from management to exit France.With the 2 decisions made to exit France and India, I am not expecting Sea to be entering any new markets this year or in the near term, as it will be focusing on its core ASEAN and Taiwan markets and its new focus, Brazil and Latin America markets.Encouraging Trends In Brazil And Latin America For ShopeeWe are starting to see the results from Shopee's foray into Brazil and Latin America. As can be seen below, when looking at monthly active users, Shopee has outperformed in this metric compared to all other peers since March of 2021. I attribute this to Shopee gamifying the e-commerce experience, luring customers to return to the Shopee app, thus creating top mind share and, possible market share as well, in Brazil in such a span of slightly more than 2 years.Brazil e-commerce: Monthly active users (million) (Sensor Tower)In Colombia, Shopee is already doing in-line or better than the international e-commerce players in the country by relative search index sources.Relative search interest in Colombia (Google Trends)While Chile remains in the relatively early stages of development, the relative search index shows that momentum is growing in the country only after almost less than a year of Shopee operating in the country.Relative Search Index for Chile (Google Trends)With improving metrics for Shopee in these LatAm regions, it would make more sense for Shopee to be redirecting its capital preserved from the India and France exit to focus on the opportunities in LatAm given the easier competitive and regulatory environment in the LatAm region.In my view, the strategy Shopee takes in Brazil will be similar to its playbook in ASEAN and Taiwan, where it initially strives to gain mindshare and later, market share in the region, and emerge as a leader in the market based on its volumes and scale, which will then bring about the visibility of turning profitable in the region as it looks to reduce logistics costs over the large scale it has amassed.Furthermore, Sea recently launched in Brazil the Shopee Live feature, which is basically the live-streaming feature. Live e-commerce is one of the key e-commerce trends in the near term and I am of the opinion that Shopee can create an early advantage over its peers in the live e-commerce segment in LatAm. One key competitor that is currently having a similar live shopping feature is Magazine Luiza, where it offers exclusive discounts during live streaming. Specifically for the live-streaming feature on Shopee Live, this includes live broadcasts during which exclusive coupons are given, or use of guest stars and influencers as live presenters for Shopee Live to drive traffic.The Shopee Live feature in Brazil can add a new dimension to the Shopee platform that complements the current e-commerce shopping experience and it also helps Shopee to engage its customers more directly through live-streaming and at the same time provide customers with a value add which is to have a sense of security as the product is reviewed by live streamers.Shopee ASEAN + Taiwan Turning Profitable With ScaleInflation is working in favour of Shopee, in my view. While inflation is affecting major e-commerce players in the form of higher logistics costs from rising cost of labour and fuel, Shopee's marketplace business model enables it to feel less of the inflation effect. This is in contrast to the 1P competitors that have to actually take on inventory. In addition, I think we will see Shopee have an advantage in the current environment given their focus on mass market and average order value categories, as it is in a good position when customers decide to trade down. In contrast, Sea's competitor in the region, Alibaba-owned (BABA) Lazada has a focus on higher order value items and premium items, which will be in a tougher position in the current environment.Despite challenges from inflation and also potential increasing competition, I still expect that for the core region of ASEAN + Taiwan, we will see Shopee achieving its breakeven target in 2022. While Shopee is focusing on achieving this breakeven target, my channel checks have found that Shopee has managed to outgrow its competitors and maintain the market share it needs, while spending less on a per order basis. In my view, market share is key in e-commerce to ensure favourable unit economics to make the business model work. Further channel checks that have been done shows that Shopee is currently about 5x to 6x larger and 2x to 3x larger than competitors in terms of volumes in Taiwan and ASEAN respectively. As can be seen below, even with reduced spend per user, the monthly active users in the core ASEAN + Taiwan region is not just steady but continuing to grow.Shopee (ASEAN + Taiwan) monthly active users (million) (Sensor Tower)Gaming Fears Has Been Priced InI have discussed the Free Fire ban in India several times in my previous articles on Sea (Found here and here). Although the Singapore government has taken efforts to talk with the Indian government about the ban of Free Fire in India, there is uncertainty about the potential return of the game in India.However, I am of the opinion that the Free Fire ban has long been priced in given that the 2022F gaming guidance implies a 35% year over year drop in bookings and this guidance has already excluded all contributions from India.There are also concerns about the impact of reopening of economies on Garena as the world economies reopen and normalise. While normalised user behaviour needs to be observed in the near term for any further weakness, management continues to improve the user experience and refresh contentSeaMoneyFor Sea's financial services arm, SeaMoney, I think we will see the company continue to ramp up on verticals in non-payments like credit, insurance tech, and wealth management. Currently, SeaMoney is most comprehensive in Indonesia and could be rolled out to the Philippines in 2022.Shopee Malaysia recently got the digital banking license in Malaysia, along with 4 other consortiums, opening up new opportunities for SeaMoney Malaysia. Furthermore, Shopee Brazil recently received approval as a payment institution in Brazil, paving the way for SeaMoney in the crucial LatAm market.ValuationMy worst case SOTP valuation is updated with the latest information on the company, which includes:The impact of lower revenue guidance on gaming resulting in some downward revisions in gaming,I assume the reallocation of Shopee's resources and capital expenditures from India and France to LatAm and ASEA and Taiwan, resulting in largely in-line e-commerce projectionsWith the new opportunities in Malaysia and Brazil for SeaMoney, I have made upward revisions on SeaMoney.With that the updated target price for Sea Limited is $188.25, implying 109% upside from current levels.SOTP valuation for Sea Limited (Author generated)RisksCompetitionAlthough Sea has exited the highly competitive market of India, e-commerce is still a competitive business with many competitors with deep pockets. As such Shopee could face fierce competition from global peers as international expansion in the industry continues. For example, Shopee has done well in Southeast Asia but the threat of Tokopedia in Indonesia is still there. Furthermore, Alibaba's Lazada is ramping up and focusing on international expansion as China's domestic e-commerce market slows. If competition intensifies, this could be a significant drag to profitability of the e-commerce segment.Execution In New MarketsThe operating and competitive environment in LatAm, and Europe has its challenges. Although Shopee has had a good run in Southeast Asia, there are still execution risks in these new markets especially with large domestic e-commerce players already present. That said, Shopee has shown strong execution and capital discipline thus far, and will only commit capital to a market it deems core.Synergies In All 3 Business SegmentsThe flywheel effect could prove to be Sea's competitive advantage if it is able to build its gaming, e-commerce and fintech ecosystem well. However, if synergies between the 3 are not reaped, the company is not maximising the benefit of its entire ecosystem and should each segment operate increasingly in silos, this could result in deterioration of competitive advantage of Sea.ConclusionTo bring back the Benjamin Graham quote from earlier, in the short term, the stock market is like a voting machine, highly driven by sentiment and emotions. This is what is driving Sea Limited's stock price right now with the more than 70% decline from all-time highs. However, as highlighted, the business fundamentals are actually solid and improving. Sea's Shopee is soon to achieve its breakeven target in ASEAN + Taiwan as it continues to maintain and gain market share, while Shopee is growing rapidly and becoming dominant in LatAm, specifically in Brazil. While uncertainties remain on the gaming front, as I mentioned, I believe that this has already been priced in. Lastly, SeaMoney is seeing multiple opportunities open up in Sea's core markets and will likely gain greater traction this year.As such, with the improving fundamentals, the astute investor would take the chance to invest in a company that is a winner in the fast-growing gaming, e-commerce and digital financial services in Asia and LatAm. With that, my SOTP target price for Sea is $188.25, implying 109% upside from current levels.","news_type":1},"isVote":1,"tweetType":1,"viewCount":421,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9014099067,"gmtCreate":1649560523159,"gmtModify":1676534530752,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"k//<a href=\"https://laohu8.com/U/3569809505691000\">@breAkdaWn</a>:Novax should realise that it's no longer an emergency. For three years they still developing vaccine for emergency use? By now, if they were 3 earnest in healing .&nbsp;should come out with full healing","listText":"k//<a href=\"https://laohu8.com/U/3569809505691000\">@breAkdaWn</a>:Novax should realise that it's no longer an emergency. For three years they still developing vaccine for emergency use? By now, if they were 3 earnest in healing .&nbsp;should come out with full healing","text":"k//@breAkdaWn:Novax should realise that it's no longer an emergency. For three years they still developing vaccine for emergency use? By now, if they were 3 earnest in healing . should come out with full healing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9014099067","repostId":"2226520068","repostType":4,"repost":{"id":"2226520068","kind":"highlight","pubTimestamp":1649560063,"share":"https://ttm.financial/m/news/2226520068?lang=&edition=fundamental","pubTime":"2022-04-10 11:07","market":"us","language":"en","title":"Why Novavax Stock Dropped 23.6% This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2226520068","media":"Motley Fool","summary":"The company is still waiting for the FDA to give Emergency Use Authorization for its COVID-19 vaccine.","content":"<html><head></head><body><h2>What happened</h2><p>Shares of biotech company <b>Novavax</b> plummeted by 23.6% this week, according to data from S&amp;P Global Market Intelligence. The stock opened on Monday at $74.98 and rose to as high as $75 on Tuesday before it began to plummet. It sunk to a new 52-week low of $56.80 in the early afternoon on Thursday.</p><h2>So what</h2><p>It&#39;s becoming clear that Novavax is falling behind its peers in its ongoing efforts to get an Emergency Use Authorization (EAU) for its COVID-19 vaccine to be used as a booster shot in the U.S.</p><p>On March 29, the Food and Drug Administration (FDA) amended the EUAs for the mRNA COVID-19 vaccines produced by <b>Moderna</b> and the <b>Pfizer</b>-<b>BioNTech </b>partnership to allow second booster shots to be given to individuals 50 and over and to people who are immunocompromised.</p><p>Novavax&#39;s vaccine, NVX-CoV2373, is protein-based, not mRNA-based, and has been approved already in 35 countries, including Australia, Canada, Great Britain, and all of the members of the European Union -- but not in the U.S. The concern among investors is that by the time Novavax does get U.S. approval for its vaccine, the potential market for the shot here will have shrunk considerably.</p><p>Part of the problem is that Novavax didn&#39;t complete its U.S. EAU request until Jan. 31. Given the delays that have stalled its vaccine approval here, it may be too late to catch up.</p><h2>Now what</h2><p>It&#39;s not all bad news. The company sold plenty of vaccines elsewhere. Last year, thanks mostly to its COVID-19 vaccine, the company reported sales of $1.1 billion, up from $476 million in 2020. However, its sales in the fourth quarter slowed year over year to $222 million compared to $280 million in the prior-year period. For the year, the company had a net loss of $1.7 billion compared to a loss of $418 million in 2020. In Q4, it reported a loss of $846 million, compared to a loss of $178 million in the same period in 2020.</p><p>Management says it expects the biotech company to finally turn things around this year, guiding for 2022 revenue in the $4 billion to $5 billion range.</p><p>Based on management&#39;s outlook, the stock is trading at a forward price-to-earnings ratio of 2.78, so if it hits its targets, investors should look back on today&#39;s share prices as a great bargain. The question is, given its late start in the U.S., can the company achieve those results purely from international sales?</p><p>In the short term, the stock was already bouncing back a little on Friday, but much of that likely reflects the fact that it had dropped to a new 52-week low the day before.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Novavax Stock Dropped 23.6% This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Novavax Stock Dropped 23.6% This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-10 11:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/04/08/why-novavax-stock-dropped-236-this-week/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of biotech company Novavax plummeted by 23.6% this week, according to data from S&P Global Market Intelligence. The stock opened on Monday at $74.98 and rose to as high as $75 on ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/08/why-novavax-stock-dropped-236-this-week/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVAX":"诺瓦瓦克斯医药"},"source_url":"https://www.fool.com/investing/2022/04/08/why-novavax-stock-dropped-236-this-week/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2226520068","content_text":"What happenedShares of biotech company Novavax plummeted by 23.6% this week, according to data from S&P Global Market Intelligence. The stock opened on Monday at $74.98 and rose to as high as $75 on Tuesday before it began to plummet. It sunk to a new 52-week low of $56.80 in the early afternoon on Thursday.So whatIt's becoming clear that Novavax is falling behind its peers in its ongoing efforts to get an Emergency Use Authorization (EAU) for its COVID-19 vaccine to be used as a booster shot in the U.S.On March 29, the Food and Drug Administration (FDA) amended the EUAs for the mRNA COVID-19 vaccines produced by Moderna and the Pfizer-BioNTech partnership to allow second booster shots to be given to individuals 50 and over and to people who are immunocompromised.Novavax's vaccine, NVX-CoV2373, is protein-based, not mRNA-based, and has been approved already in 35 countries, including Australia, Canada, Great Britain, and all of the members of the European Union -- but not in the U.S. The concern among investors is that by the time Novavax does get U.S. approval for its vaccine, the potential market for the shot here will have shrunk considerably.Part of the problem is that Novavax didn't complete its U.S. EAU request until Jan. 31. Given the delays that have stalled its vaccine approval here, it may be too late to catch up.Now whatIt's not all bad news. The company sold plenty of vaccines elsewhere. Last year, thanks mostly to its COVID-19 vaccine, the company reported sales of $1.1 billion, up from $476 million in 2020. However, its sales in the fourth quarter slowed year over year to $222 million compared to $280 million in the prior-year period. For the year, the company had a net loss of $1.7 billion compared to a loss of $418 million in 2020. In Q4, it reported a loss of $846 million, compared to a loss of $178 million in the same period in 2020.Management says it expects the biotech company to finally turn things around this year, guiding for 2022 revenue in the $4 billion to $5 billion range.Based on management's outlook, the stock is trading at a forward price-to-earnings ratio of 2.78, so if it hits its targets, investors should look back on today's share prices as a great bargain. The question is, given its late start in the U.S., can the company achieve those results purely from international sales?In the short term, the stock was already bouncing back a little on Friday, but much of that likely reflects the fact that it had dropped to a new 52-week low the day before.","news_type":1},"isVote":1,"tweetType":1,"viewCount":568,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9032990772,"gmtCreate":1647253411815,"gmtModify":1676534208069,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"Gaming crypto","listText":"Gaming crypto","text":"Gaming crypto","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9032990772","repostId":"1120808092","repostType":2,"repost":{"id":"1120808092","kind":"news","pubTimestamp":1647250347,"share":"https://ttm.financial/m/news/1120808092?lang=&edition=fundamental","pubTime":"2022-03-14 17:32","market":"us","language":"en","title":"2 Metaverse Stocks to Buy Hand Over Fist and 1 to Avoid Like the Plague","url":"https://stock-news.laohu8.com/highlight/detail?id=1120808092","media":"Motley Fool","summary":"The metaverse could be an up to $30 trillion opportunity, but not every company will be a winner.Tho","content":"<html><head></head><body><p>The metaverse could be an up to $30 trillion opportunity, but not every company will be a winner.</p><p>Though there are no shortage of high-growth trends for investors to choose from, none appears to offer more potential than themetaverse.</p><p>In simple terms, the metaverse is the next iteration of the internet. It&#39;ll allow users to interact with their surroundings and each other in 3D virtual worlds. Aside from providing entertainment, these virtual worlds represents brand-new ecosystems that can be monetized in a variety of ways. In addition to payments within these virtual landscapes, there&#39;s the processing, storage, latency, digital identity/verification, and so on, that needs to be addressed to make the metaverse work.</p><p>The estimated market value of the metaverse varies wildly. Matthew Ball, CEO of venture capital company Epyllion, believes the metaverse grows into a $10 trillion to $30 trillion market within 10 to 15 years. Meanwhile, <b>Morgan Stanley</b> foresees the metaverse being worth $8 trillion in China alone.</p><p>These lofty dollar figures signal an enormous opportunity for investors. But it&#39;s important to recognize that not every company is going to be a winner. Below are two metaverse stocks (of varying risk levels) that can be bought hand over fist, as well as one for investors to avoid like the plague.</p><p><b>The first metaverse stock to buy hand over fist: Microsoft</b></p><p>While it&#39;s not a selection that&#39;ll win any awards for originality, tech giant <b>Microsoft</b> is the first metaverse stock investors can confidently buy hand over fist. In my view, Microsoft has three catalysts that make it one of the smartest stocks to take advantage of metaverse growth.</p><p>To start with, there&#39;s the elephant in the room: the company&#39;s January-announced $68.7 billion all-cash acquisition of interactive gaming company <b>Activision Blizzard</b>.  On top of acquiring Activision&#39;s numerous well-known gaming franchises (<i>Warcraft</i>,<i>Call of Duty</i>, and <i>Candy Crush</i>), this deal is about Microsoft democratizing the game-building process and expanding the metaverse beyond gaming. Even though Microsoft CEO Satya Nadella isn&#39;t entirely certain what the definition of &#34;metaverse&#34; will pertain to, he does believe it&#39;ll represent a &#34;collection of communities and individual identities anchored in strong content franchises accessible on every device.&#34;</p><p>Secondly, Microsoft&#39;sroots to the metaverse were planted well ahead of the Activision Blizzard buyout announcement. As an example, Microsoft has been developing mixed-reality headsets for more than a half-decade. It&#39;s currently working on the third generation of its HoloLens headset, which, according to TheVerge.com, may be used by the U.S. Army for life-like mixed reality training.  With mixed reality and virtual reality headsets being the initial gateway to the metaverse, Microsoft looks to be one of the few companies in position to thrive.</p><p>The third catalyst is simply Microsoft&#39;senormous operating cash flow. Thanks to rapid growth from cloud infrastructure service Azure, and exceptionally high margins and stable demand from its Windows and Office franchises, Microsoft brought in $83.9 billion in operating cash flow over the trailing 12 months. This gives the company an abundance of capital, and quite the buffer, to invest aggressively in the metaverse.</p><p><b>The second metaverse stock to buy hand over fist: Fastly</b></p><p>For investors with a considerably stronger stomach for risk (and reward),<b>Fastly</b> is the second metaverse stock that can be bought hand over fist.</p><p>The metaverse is going to take many years to develop, which means there are a number of moving parts that extend well beyond mixed reality and virtual reality headsets. Fastly is one of the better-known content delivery networks (CDNs). It&#39;s responsible for delivering content from the edge of the cloud to its destination as quickly and securely as possible. In other words, its task within the metaverse will be to reduce latency. When an action is taken within a virtual environment, Fastly will ensure there&#39;s as little delay as possible in processing that action.</p><p>We&#39;ve already witnessed plenty of evidence that Fastly&#39;s CDN is a popular and trusted solution. Over the past year, the company&#39;s total customer count rose to more than 2,800 from less than 2,400, while the number of enterprise customers jumped to 445 from around 380. This latter increase is particularly important, as it demonstrates enterprise clients have looked past a network outage in June 2021.</p><p>Additionally, Fastly&#39;s dollar-based net expansion rate of 121% in the fourth quarter of 2021 signals that its existing customers are increasing their spending (in this case by 21% from the prior-year period). That&#39;s good news for Fastly&#39;s usage-based platform.</p><p>What investors have to be mindful of areFastly&#39;s near-term losses, which have consistently come in larger than expected. However, with the company expected to pare back its marketing expenses in 2022, wider-than-anticipated losses could be a thing of the past.</p><p>There&#39;s no denying Fastly&#39;s potential, but investors will have to be patient if they want to realize a big payday.</p><p><b>The metaverse stock to avoid like the plague: Coinbase Global</b></p><p>On the other side of the coin,cryptocurrency exchange and ecosystem <b>Coinbase Global</b> is a metaverse stock I believe investors can avoid like the plague.</p><p>Coinbase looks to have two pathways to relevance in the metaverse. First, it&#39;s the most-popular platform to buy and sell digital currencies -- and blockchain-tethered tokens have proved essential in the early stages of the metaverse.</p><p>Secondly, Coinbase sees itself as providing &#34;an identity on-ramp into the metaverse.&#34; Similar to Nadella&#39;s thinking, Coinbase believes the metaverse will be a collection of communities that&#39;ll be linked together. Coinbase is working on creating non-fungible token(NFT)-based identity tags that&#39;ll be used to move seamlessly from one metaverse to another.</p><p>Beyond the metaverse, Coinbase has executed well. The company ended 2021 with 11.4 million monthly transacting users, and it recorded a jaw-dropping $3.62 billion in full-year net income. That was up more than tenfold from the previous year.</p><p>But there also look to be fatal flaws with Coinbase&#39;s operating model. For instance, the barrier to entry for cryptocurrency exchanges is relatively low. We&#39;ve already watched trading commissions for online stock brokerages race to $0. My suspicion is we&#39;ll witness similar pricing competition in the cryptocurrency space, which will erode Coinbase&#39;s margins over time.</p><p>The other substantial issue with Coinbase is that its trading platform is heavily reliant on <b>Bitcoin</b> and <b>Ethereum</b>. Unless this dynamic duo is consistently heading higher, interest in crypto investing tends to suffer through big ebbs and flows. The point being that the emotions of crypto investors, rather than Coinbase&#39;s innovation(s), are what&#39;s driving this company.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Metaverse Stocks to Buy Hand Over Fist and 1 to Avoid Like the Plague</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Metaverse Stocks to Buy Hand Over Fist and 1 to Avoid Like the Plague\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-14 17:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/03/14/2-metaverse-stocks-to-buy-1-to-avoid-like-plague/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The metaverse could be an up to $30 trillion opportunity, but not every company will be a winner.Though there are no shortage of high-growth trends for investors to choose from, none appears to offer ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/03/14/2-metaverse-stocks-to-buy-1-to-avoid-like-plague/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FSLY":"Fastly, Inc.","MSFT":"微软","COIN":"Coinbase Global, Inc."},"source_url":"https://www.fool.com/investing/2022/03/14/2-metaverse-stocks-to-buy-1-to-avoid-like-plague/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120808092","content_text":"The metaverse could be an up to $30 trillion opportunity, but not every company will be a winner.Though there are no shortage of high-growth trends for investors to choose from, none appears to offer more potential than themetaverse.In simple terms, the metaverse is the next iteration of the internet. It'll allow users to interact with their surroundings and each other in 3D virtual worlds. Aside from providing entertainment, these virtual worlds represents brand-new ecosystems that can be monetized in a variety of ways. In addition to payments within these virtual landscapes, there's the processing, storage, latency, digital identity/verification, and so on, that needs to be addressed to make the metaverse work.The estimated market value of the metaverse varies wildly. Matthew Ball, CEO of venture capital company Epyllion, believes the metaverse grows into a $10 trillion to $30 trillion market within 10 to 15 years. Meanwhile, Morgan Stanley foresees the metaverse being worth $8 trillion in China alone.These lofty dollar figures signal an enormous opportunity for investors. But it's important to recognize that not every company is going to be a winner. Below are two metaverse stocks (of varying risk levels) that can be bought hand over fist, as well as one for investors to avoid like the plague.The first metaverse stock to buy hand over fist: MicrosoftWhile it's not a selection that'll win any awards for originality, tech giant Microsoft is the first metaverse stock investors can confidently buy hand over fist. In my view, Microsoft has three catalysts that make it one of the smartest stocks to take advantage of metaverse growth.To start with, there's the elephant in the room: the company's January-announced $68.7 billion all-cash acquisition of interactive gaming company Activision Blizzard.  On top of acquiring Activision's numerous well-known gaming franchises (Warcraft,Call of Duty, and Candy Crush), this deal is about Microsoft democratizing the game-building process and expanding the metaverse beyond gaming. Even though Microsoft CEO Satya Nadella isn't entirely certain what the definition of \"metaverse\" will pertain to, he does believe it'll represent a \"collection of communities and individual identities anchored in strong content franchises accessible on every device.\"Secondly, Microsoft'sroots to the metaverse were planted well ahead of the Activision Blizzard buyout announcement. As an example, Microsoft has been developing mixed-reality headsets for more than a half-decade. It's currently working on the third generation of its HoloLens headset, which, according to TheVerge.com, may be used by the U.S. Army for life-like mixed reality training.  With mixed reality and virtual reality headsets being the initial gateway to the metaverse, Microsoft looks to be one of the few companies in position to thrive.The third catalyst is simply Microsoft'senormous operating cash flow. Thanks to rapid growth from cloud infrastructure service Azure, and exceptionally high margins and stable demand from its Windows and Office franchises, Microsoft brought in $83.9 billion in operating cash flow over the trailing 12 months. This gives the company an abundance of capital, and quite the buffer, to invest aggressively in the metaverse.The second metaverse stock to buy hand over fist: FastlyFor investors with a considerably stronger stomach for risk (and reward),Fastly is the second metaverse stock that can be bought hand over fist.The metaverse is going to take many years to develop, which means there are a number of moving parts that extend well beyond mixed reality and virtual reality headsets. Fastly is one of the better-known content delivery networks (CDNs). It's responsible for delivering content from the edge of the cloud to its destination as quickly and securely as possible. In other words, its task within the metaverse will be to reduce latency. When an action is taken within a virtual environment, Fastly will ensure there's as little delay as possible in processing that action.We've already witnessed plenty of evidence that Fastly's CDN is a popular and trusted solution. Over the past year, the company's total customer count rose to more than 2,800 from less than 2,400, while the number of enterprise customers jumped to 445 from around 380. This latter increase is particularly important, as it demonstrates enterprise clients have looked past a network outage in June 2021.Additionally, Fastly's dollar-based net expansion rate of 121% in the fourth quarter of 2021 signals that its existing customers are increasing their spending (in this case by 21% from the prior-year period). That's good news for Fastly's usage-based platform.What investors have to be mindful of areFastly's near-term losses, which have consistently come in larger than expected. However, with the company expected to pare back its marketing expenses in 2022, wider-than-anticipated losses could be a thing of the past.There's no denying Fastly's potential, but investors will have to be patient if they want to realize a big payday.The metaverse stock to avoid like the plague: Coinbase GlobalOn the other side of the coin,cryptocurrency exchange and ecosystem Coinbase Global is a metaverse stock I believe investors can avoid like the plague.Coinbase looks to have two pathways to relevance in the metaverse. First, it's the most-popular platform to buy and sell digital currencies -- and blockchain-tethered tokens have proved essential in the early stages of the metaverse.Secondly, Coinbase sees itself as providing \"an identity on-ramp into the metaverse.\" Similar to Nadella's thinking, Coinbase believes the metaverse will be a collection of communities that'll be linked together. Coinbase is working on creating non-fungible token(NFT)-based identity tags that'll be used to move seamlessly from one metaverse to another.Beyond the metaverse, Coinbase has executed well. The company ended 2021 with 11.4 million monthly transacting users, and it recorded a jaw-dropping $3.62 billion in full-year net income. That was up more than tenfold from the previous year.But there also look to be fatal flaws with Coinbase's operating model. For instance, the barrier to entry for cryptocurrency exchanges is relatively low. We've already watched trading commissions for online stock brokerages race to $0. My suspicion is we'll witness similar pricing competition in the cryptocurrency space, which will erode Coinbase's margins over time.The other substantial issue with Coinbase is that its trading platform is heavily reliant on Bitcoin and Ethereum. Unless this dynamic duo is consistently heading higher, interest in crypto investing tends to suffer through big ebbs and flows. The point being that the emotions of crypto investors, rather than Coinbase's innovation(s), are what's driving this company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":387,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9038325099,"gmtCreate":1646748709527,"gmtModify":1676534157661,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"Buy only if you like losing money[Facepalm]&nbsp;","listText":"Buy only if you like losing money[Facepalm]&nbsp;","text":"Buy only if you like losing money[Facepalm]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038325099","repostId":"2217100884","repostType":2,"isVote":1,"tweetType":1,"viewCount":658,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9030489607,"gmtCreate":1645784536170,"gmtModify":1676534064019,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"A new fantastic point of view","listText":"A new fantastic point of view","text":"A new fantastic point of view","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030489607","repostId":"1184173485","repostType":2,"isVote":1,"tweetType":1,"viewCount":744,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9030866111,"gmtCreate":1645685582155,"gmtModify":1676534053437,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"Dont wait, sell!","listText":"Dont wait, sell!","text":"Dont wait, sell!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030866111","repostId":"1167282619","repostType":2,"isVote":1,"tweetType":1,"viewCount":674,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9030834974,"gmtCreate":1645676867508,"gmtModify":1676534052703,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"Sell, capitulation is not yet in","listText":"Sell, capitulation is not yet in","text":"Sell, capitulation is not yet in","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030834974","repostId":"1182824138","repostType":2,"repost":{"id":"1182824138","kind":"news","pubTimestamp":1645667538,"share":"https://ttm.financial/m/news/1182824138?lang=&edition=fundamental","pubTime":"2022-02-24 09:52","market":"us","language":"en","title":"Sea Limited Offers Serious Upside Potential Following Normalization","url":"https://stock-news.laohu8.com/highlight/detail?id=1182824138","media":"investorplace","summary":"Should you take a crack at Sea Limited (NYSE:SE), the Singapore-based consumer internet firm that to","content":"<html><head></head><body><p>Should you take a crack at Sea Limited (NYSE:SE), the Singapore-based consumer internet firm that took off like a rocket during the new normal? Although there’s plenty to like for those with a patient outlook, most investors will probably want to keep the powder keg dry for a far superior entry point into SE stock.</p><p>Sea Limited was one of the more-discussed foreign investments even prior to the novel coronavirus pandemic. But SE stock truly came alive when the coronavirus forced countless numbers of workers into their homes. Thanks to the underlying emphasis on connected services, though, Sea Limited was among the lucky few entities that benefitted from the catastrophe.</p><p>However, now SE stock is down nearly 45% on a year-to-date (YTD) basis. In turn, investors who missed out on the first ticket to party down are doing some serious thinking. Fundamentally, the underlying narrative hasn’t changed. Instead, what did change were factors outside of Sea’s control, particularly blistering tensions in eastern Europe and the Federal Reserve’s rumored response to soaring consumer inflation.</p><p>Still, the problem is that SE stock is down 45% YTD. Whether by the underlying company’s own doing or by external factors, a security losing that much market value over a short period is always a cause for concern.</p><p>While I certainly don’t represent the final word on the discipline of technical analysis, presumably most adherents to the methodology would warn investors away from SE stock at the present juncture. Essentially, the current price action (following a devastating erosion) is too pensive, implying a lack of confidence among bulls to bolster SE stock shares.</p><p>Therefore, I’m not gung-ho about buying the security at the moment. But should the volatility finally dissipate, investors ought to consider switching sides.</p><h2>Compelling Market Undergirds SE Stock</h2><p>One of the lessons that we all learned about the recent geopolitical flashpoints that contributed to the global market meltdown is the liability of dependency. For instance, the primary reason why President Joe Biden’s administration is concerned about Russia’s possible planned invasion of Ukraine is that it sparks a new world order.</p><p>As New York Times columnist David Leonhardt wrote recently, “If the world is entering an era in which countries again make decisions based, above all, on what their military power allows them to do, it would be a big change.” In other words, forget laws, principles and treaties: if you’ve got the tanks and other military hardware, you can invade and colonize lesser-equipped nations at will.</p><p>Therefore, SE stock is one of the most holistic long-term plays available, in my humble opinion. For one thing, Southeast Asia is fertile ideological ground, with the U.S. and western allies having a clear opportunity to turn the region into a counterweight against China’s increasing influence on the world stage.</p><p>More importantly, Southeast Asia is perhaps the next big thing when it comes to global investing opportunities. According to data compiled by Statista.com, in 2021, “the internet economy size across Southeast Asia was valued at approximately 174 billion U.S. dollars. This was forecasted to increase dramatically by 2025, in which the internet economy in Southeast Asia was expected to reach 363 billion U.S. dollars.”</p><p>Of course, anyone can make projections. But the beautiful part for SE stock is that the overwhelming consensus calls for the region to command serious growth. As proof, Reuters noted that Southeast Asia’s internet economy could reach $1 trillion by 2030. Providing the impetus for such a forecast is increased embracement of online shopping and food delivery services.</p><h2>Play the Waiting Game</h2><p>Despite the lucrative potential that SE stock features, I’ll repeat the same principle mentioned above; basically, you don’t want to fight the tape. Whether it’s the Russia-Ukraine conflict, inflation, Covid-19 or some other headwind, Wall Street is very concerned about economic viability. Therefore, waiting it out for clarity would likely be the wisest move.</p><p>How far could shares tumble? I don’t want to sound alarmist but a return back to approximately the $60 level wouldn’t be out of the question if circumstances go awry. With everything going bonkers over the last two years, I’m in no hurry to make drastic moves with my money.</p><p>But once enough risk has been taken off the table and following a technical stabilization of SE stock, it would be one of my top speculative ideas to consider. Very simply, the forward-looking backdrop is too enticing to ignore.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Limited Offers Serious Upside Potential Following Normalization</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea Limited Offers Serious Upside Potential Following Normalization\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-24 09:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/02/se-stock-offers-serious-upside-potential-after-normalization/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Should you take a crack at Sea Limited (NYSE:SE), the Singapore-based consumer internet firm that took off like a rocket during the new normal? Although there’s plenty to like for those with a patient...</p>\n\n<a href=\"https://investorplace.com/2022/02/se-stock-offers-serious-upside-potential-after-normalization/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://investorplace.com/2022/02/se-stock-offers-serious-upside-potential-after-normalization/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182824138","content_text":"Should you take a crack at Sea Limited (NYSE:SE), the Singapore-based consumer internet firm that took off like a rocket during the new normal? Although there’s plenty to like for those with a patient outlook, most investors will probably want to keep the powder keg dry for a far superior entry point into SE stock.Sea Limited was one of the more-discussed foreign investments even prior to the novel coronavirus pandemic. But SE stock truly came alive when the coronavirus forced countless numbers of workers into their homes. Thanks to the underlying emphasis on connected services, though, Sea Limited was among the lucky few entities that benefitted from the catastrophe.However, now SE stock is down nearly 45% on a year-to-date (YTD) basis. In turn, investors who missed out on the first ticket to party down are doing some serious thinking. Fundamentally, the underlying narrative hasn’t changed. Instead, what did change were factors outside of Sea’s control, particularly blistering tensions in eastern Europe and the Federal Reserve’s rumored response to soaring consumer inflation.Still, the problem is that SE stock is down 45% YTD. Whether by the underlying company’s own doing or by external factors, a security losing that much market value over a short period is always a cause for concern.While I certainly don’t represent the final word on the discipline of technical analysis, presumably most adherents to the methodology would warn investors away from SE stock at the present juncture. Essentially, the current price action (following a devastating erosion) is too pensive, implying a lack of confidence among bulls to bolster SE stock shares.Therefore, I’m not gung-ho about buying the security at the moment. But should the volatility finally dissipate, investors ought to consider switching sides.Compelling Market Undergirds SE StockOne of the lessons that we all learned about the recent geopolitical flashpoints that contributed to the global market meltdown is the liability of dependency. For instance, the primary reason why President Joe Biden’s administration is concerned about Russia’s possible planned invasion of Ukraine is that it sparks a new world order.As New York Times columnist David Leonhardt wrote recently, “If the world is entering an era in which countries again make decisions based, above all, on what their military power allows them to do, it would be a big change.” In other words, forget laws, principles and treaties: if you’ve got the tanks and other military hardware, you can invade and colonize lesser-equipped nations at will.Therefore, SE stock is one of the most holistic long-term plays available, in my humble opinion. For one thing, Southeast Asia is fertile ideological ground, with the U.S. and western allies having a clear opportunity to turn the region into a counterweight against China’s increasing influence on the world stage.More importantly, Southeast Asia is perhaps the next big thing when it comes to global investing opportunities. According to data compiled by Statista.com, in 2021, “the internet economy size across Southeast Asia was valued at approximately 174 billion U.S. dollars. This was forecasted to increase dramatically by 2025, in which the internet economy in Southeast Asia was expected to reach 363 billion U.S. dollars.”Of course, anyone can make projections. But the beautiful part for SE stock is that the overwhelming consensus calls for the region to command serious growth. As proof, Reuters noted that Southeast Asia’s internet economy could reach $1 trillion by 2030. Providing the impetus for such a forecast is increased embracement of online shopping and food delivery services.Play the Waiting GameDespite the lucrative potential that SE stock features, I’ll repeat the same principle mentioned above; basically, you don’t want to fight the tape. Whether it’s the Russia-Ukraine conflict, inflation, Covid-19 or some other headwind, Wall Street is very concerned about economic viability. Therefore, waiting it out for clarity would likely be the wisest move.How far could shares tumble? I don’t want to sound alarmist but a return back to approximately the $60 level wouldn’t be out of the question if circumstances go awry. With everything going bonkers over the last two years, I’m in no hurry to make drastic moves with my money.But once enough risk has been taken off the table and following a technical stabilization of SE stock, it would be one of my top speculative ideas to consider. Very simply, the forward-looking backdrop is too enticing to ignore.","news_type":1},"isVote":1,"tweetType":1,"viewCount":777,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9095310368,"gmtCreate":1644820196399,"gmtModify":1676533965022,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"JMIA","listText":"JMIA","text":"JMIA","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095310368","repostId":"2211527326","repostType":2,"isVote":1,"tweetType":1,"viewCount":429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9093700770,"gmtCreate":1643697197086,"gmtModify":1676533845836,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"Fool's article&nbsp;","listText":"Fool's article&nbsp;","text":"Fool's article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9093700770","repostId":"2207822223","repostType":2,"isVote":1,"tweetType":1,"viewCount":363,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9093099387,"gmtCreate":1643443638678,"gmtModify":1676533821754,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"Just buy crypto gaming coins","listText":"Just buy crypto gaming coins","text":"Just buy crypto gaming coins","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9093099387","repostId":"1126756363","repostType":4,"isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9099277104,"gmtCreate":1643378698930,"gmtModify":1676533813203,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"Last chance to get out","listText":"Last chance to get out","text":"Last chance to get out","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9099277104","repostId":"1180058528","repostType":4,"repost":{"id":"1180058528","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1643377805,"share":"https://ttm.financial/m/news/1180058528?lang=&edition=fundamental","pubTime":"2022-01-28 21:50","market":"us","language":"en","title":"Pre-Bell｜Nasdaq Futures Turn Positive; Chevron Missed Bottom-Line Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1180058528","media":"Tiger Newspress","summary":"Nasdaq futures erased losses and turned positive on Friday after data showed the U.S. Federal Reserv","content":"<html><head></head><body><p>Nasdaq futures erased losses and turned positive on Friday after data showed the U.S. Federal Reserve&#39;s favored inflation gauge, the core personal consumption expenditure (PCE) price index, rose for the month of December in line with expectations.</p><p><b>Market Snapshot</b></p><p>At 8:48 a.m. ET, Dow e-minis were down 103 points, or 0.30%, S&amp;P 500 e-minis were down 6.75 points, or 0.16%, and Nasdaq 100 e-minis were up 20.5 points, or 0.15%.</p><p><img src=\"https://static.tigerbbs.com/62b285d4d2b68a0f14d0d72a34defe27\" tg-width=\"375\" tg-height=\"160\" referrerpolicy=\"no-referrer\"/></p><p><b>Pre-Market Movers</b></p><p>Caterpillar (CAT) – Caterpillar earned an adjusted $2.69 per share for the fourth quarter, beating the $2.26 consensus estimate, with revenue also coming in above analyst forecasts. The heavy equipment maker’s sales were up 23% from a year earlier despite supply chain constraints. However, increased costs weighed on Caterpillar’s profit margins and the stock slipped 1.4% in premarket trading.</p><p>Chevron (CVX) – Chevron slid 2.8% in the premarket after missing bottom-line estimates for the fourth quarter, although revenue exceeded analyst forecasts. Chevron earned an adjusted $2.56 per share, compared with a $3.12 consensus estimate, despite higher oil and gas prices.</p><p>VF Corp. (VFC) – The company behind North Face, Vans and other apparel brands saw its stock fall 2% in premarket trading after it cut its full-year sales forecast due to delivery delays and worker shortages. VF reported better-than-expected profit and revenue for its most recent quarter.</p><p>Apple (AAPL) – Apple reported record profit and revenue for its latest quarter, despite supply chain issues that cut into sales. Apple earned $2.10 per share, compared with a $1.89 consensus estimate, and revenue also topped Street forecasts. CEO Tim Cook said those supply chain challenges are showing signs of improvement. Apple shares jumped 3.1% in the premarket.</p><p>Visa (V) – Visa beat estimates by 11 cents with an adjusted quarterly profit of $1.81 per share. The payment network’s revenue also beat estimates. Visa was helped by a jump in travel spending and continued growth in e-commerce, with the company seeing quarterly revenue above $7 billion for the first time. Visa rallied 3.6% in premarket trading.</p><p>Mondelez (MDLZ) – Mondelez fell a penny short of analyst forecasts with adjusted quarterly earnings of 71 cents per share, though the snack maker’s revenue did beat estimates. Mondelez raised prices during the quarter, but it was not enough to make up for increased costs for ingredients and logistics. Mondelez slid 2.2% in premarket action.</p><p>Robinhood (HOOD) – Robinhood slumped 13% in the premarket after warning that current-quarter revenue could fall significantly from a year ago. The trading platform operator reported a quarterly loss of 49 cents per share, 4 cents wider than estimates, although revenue was slightly above analyst forecasts.</p><p>Western Digital (WDC) – Western Digital shares plunged 10.4% in premarket trading after the disk drive maker issued a weaker-than-expected outlook, and supply chain issues that prevented it from fully meeting strong demand. Western Digital did beat top and bottom-line estimates for its latest quarter, earning an adjusted $2.30 per share compared with a consensus estimate of $2.13.</p><p>3M (MMM) – 3M will appeal a ruling that awarded $110 million to two U.S. Army veterans who said they suffered hearing loss after using 3M’s combat earplugs. 3M has faced multiple lawsuits over allegations that the design of the earplugs is defective. The stock fell 1% in the premarket.</p><p>Beazer Homes (BZH) – Beazer Homes jumped 5.1% in premarket trading after beating top and bottom-line estimates for the quarter ending in December. Beazer earned $1.14 per share, well above the 67-cent consensus estimate, and said the housing market continues to see strong demand and limited supply</p><p><b>Market News</b></p><p>GogoX, the Hong Kong-based logistics startup, has won stock exchange approval for its planned initial public offering in the city, people with knowledge of the matter said.</p><p>DBS Group Holdings Ltd. agreed to buy Citigroup Inc.’s consumer banking assets in Taiwan, as Southeast Asia’s largest lender pushes ahead with plans to boost its regional presence.</p><p>Biogen is selling its stake in a pharmaceutical joint venture with the South Korean conglomerate Samsung for $2.3 billion, the company said Thursday, bolstering the drugmaker’s balance sheet.</p><p>Google will invest as much as $1 billion in India’s second-largest mobile phone operator, as firms race to offer inexpensive data and digital offerings in the only billion-people-plus market still open to foreign companies.</p><p>A federal jury on Thursday awarded $110 million to two U.S. Army veterans who said combat earplugs sold by 3M Co to the military caused them to suffer hearing damage, the largest verdict yet to result from hundreds of thousands of lawsuits over the product.</p><p>Warren Buffett is once again richer than Mark Zuckerberg, a reminder of the enduring power of his value-investing approach.</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>Pre-Bell｜Nasdaq Futures Turn Positive; Chevron Missed Bottom-Line Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPre-Bell｜Nasdaq Futures Turn Positive; Chevron Missed Bottom-Line Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-28 21:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nasdaq futures erased losses and turned positive on Friday after data showed the U.S. Federal Reserve&#39;s favored inflation gauge, the core personal consumption expenditure (PCE) price index, rose for the month of December in line with expectations.</p><p><b>Market Snapshot</b></p><p>At 8:48 a.m. ET, Dow e-minis were down 103 points, or 0.30%, S&amp;P 500 e-minis were down 6.75 points, or 0.16%, and Nasdaq 100 e-minis were up 20.5 points, or 0.15%.</p><p><img src=\"https://static.tigerbbs.com/62b285d4d2b68a0f14d0d72a34defe27\" tg-width=\"375\" tg-height=\"160\" referrerpolicy=\"no-referrer\"/></p><p><b>Pre-Market Movers</b></p><p>Caterpillar (CAT) – Caterpillar earned an adjusted $2.69 per share for the fourth quarter, beating the $2.26 consensus estimate, with revenue also coming in above analyst forecasts. The heavy equipment maker’s sales were up 23% from a year earlier despite supply chain constraints. However, increased costs weighed on Caterpillar’s profit margins and the stock slipped 1.4% in premarket trading.</p><p>Chevron (CVX) – Chevron slid 2.8% in the premarket after missing bottom-line estimates for the fourth quarter, although revenue exceeded analyst forecasts. Chevron earned an adjusted $2.56 per share, compared with a $3.12 consensus estimate, despite higher oil and gas prices.</p><p>VF Corp. (VFC) – The company behind North Face, Vans and other apparel brands saw its stock fall 2% in premarket trading after it cut its full-year sales forecast due to delivery delays and worker shortages. VF reported better-than-expected profit and revenue for its most recent quarter.</p><p>Apple (AAPL) – Apple reported record profit and revenue for its latest quarter, despite supply chain issues that cut into sales. Apple earned $2.10 per share, compared with a $1.89 consensus estimate, and revenue also topped Street forecasts. CEO Tim Cook said those supply chain challenges are showing signs of improvement. Apple shares jumped 3.1% in the premarket.</p><p>Visa (V) – Visa beat estimates by 11 cents with an adjusted quarterly profit of $1.81 per share. The payment network’s revenue also beat estimates. Visa was helped by a jump in travel spending and continued growth in e-commerce, with the company seeing quarterly revenue above $7 billion for the first time. Visa rallied 3.6% in premarket trading.</p><p>Mondelez (MDLZ) – Mondelez fell a penny short of analyst forecasts with adjusted quarterly earnings of 71 cents per share, though the snack maker’s revenue did beat estimates. Mondelez raised prices during the quarter, but it was not enough to make up for increased costs for ingredients and logistics. Mondelez slid 2.2% in premarket action.</p><p>Robinhood (HOOD) – Robinhood slumped 13% in the premarket after warning that current-quarter revenue could fall significantly from a year ago. The trading platform operator reported a quarterly loss of 49 cents per share, 4 cents wider than estimates, although revenue was slightly above analyst forecasts.</p><p>Western Digital (WDC) – Western Digital shares plunged 10.4% in premarket trading after the disk drive maker issued a weaker-than-expected outlook, and supply chain issues that prevented it from fully meeting strong demand. Western Digital did beat top and bottom-line estimates for its latest quarter, earning an adjusted $2.30 per share compared with a consensus estimate of $2.13.</p><p>3M (MMM) – 3M will appeal a ruling that awarded $110 million to two U.S. Army veterans who said they suffered hearing loss after using 3M’s combat earplugs. 3M has faced multiple lawsuits over allegations that the design of the earplugs is defective. The stock fell 1% in the premarket.</p><p>Beazer Homes (BZH) – Beazer Homes jumped 5.1% in premarket trading after beating top and bottom-line estimates for the quarter ending in December. Beazer earned $1.14 per share, well above the 67-cent consensus estimate, and said the housing market continues to see strong demand and limited supply</p><p><b>Market News</b></p><p>GogoX, the Hong Kong-based logistics startup, has won stock exchange approval for its planned initial public offering in the city, people with knowledge of the matter said.</p><p>DBS Group Holdings Ltd. agreed to buy Citigroup Inc.’s consumer banking assets in Taiwan, as Southeast Asia’s largest lender pushes ahead with plans to boost its regional presence.</p><p>Biogen is selling its stake in a pharmaceutical joint venture with the South Korean conglomerate Samsung for $2.3 billion, the company said Thursday, bolstering the drugmaker’s balance sheet.</p><p>Google will invest as much as $1 billion in India’s second-largest mobile phone operator, as firms race to offer inexpensive data and digital offerings in the only billion-people-plus market still open to foreign companies.</p><p>A federal jury on Thursday awarded $110 million to two U.S. Army veterans who said combat earplugs sold by 3M Co to the military caused them to suffer hearing damage, the largest verdict yet to result from hundreds of thousands of lawsuits over the product.</p><p>Warren Buffett is once again richer than Mark Zuckerberg, a reminder of the enduring power of his value-investing approach.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180058528","content_text":"Nasdaq futures erased losses and turned positive on Friday after data showed the U.S. Federal Reserve's favored inflation gauge, the core personal consumption expenditure (PCE) price index, rose for the month of December in line with expectations.Market SnapshotAt 8:48 a.m. ET, Dow e-minis were down 103 points, or 0.30%, S&P 500 e-minis were down 6.75 points, or 0.16%, and Nasdaq 100 e-minis were up 20.5 points, or 0.15%.Pre-Market MoversCaterpillar (CAT) – Caterpillar earned an adjusted $2.69 per share for the fourth quarter, beating the $2.26 consensus estimate, with revenue also coming in above analyst forecasts. The heavy equipment maker’s sales were up 23% from a year earlier despite supply chain constraints. However, increased costs weighed on Caterpillar’s profit margins and the stock slipped 1.4% in premarket trading.Chevron (CVX) – Chevron slid 2.8% in the premarket after missing bottom-line estimates for the fourth quarter, although revenue exceeded analyst forecasts. Chevron earned an adjusted $2.56 per share, compared with a $3.12 consensus estimate, despite higher oil and gas prices.VF Corp. (VFC) – The company behind North Face, Vans and other apparel brands saw its stock fall 2% in premarket trading after it cut its full-year sales forecast due to delivery delays and worker shortages. VF reported better-than-expected profit and revenue for its most recent quarter.Apple (AAPL) – Apple reported record profit and revenue for its latest quarter, despite supply chain issues that cut into sales. Apple earned $2.10 per share, compared with a $1.89 consensus estimate, and revenue also topped Street forecasts. CEO Tim Cook said those supply chain challenges are showing signs of improvement. Apple shares jumped 3.1% in the premarket.Visa (V) – Visa beat estimates by 11 cents with an adjusted quarterly profit of $1.81 per share. The payment network’s revenue also beat estimates. Visa was helped by a jump in travel spending and continued growth in e-commerce, with the company seeing quarterly revenue above $7 billion for the first time. Visa rallied 3.6% in premarket trading.Mondelez (MDLZ) – Mondelez fell a penny short of analyst forecasts with adjusted quarterly earnings of 71 cents per share, though the snack maker’s revenue did beat estimates. Mondelez raised prices during the quarter, but it was not enough to make up for increased costs for ingredients and logistics. Mondelez slid 2.2% in premarket action.Robinhood (HOOD) – Robinhood slumped 13% in the premarket after warning that current-quarter revenue could fall significantly from a year ago. The trading platform operator reported a quarterly loss of 49 cents per share, 4 cents wider than estimates, although revenue was slightly above analyst forecasts.Western Digital (WDC) – Western Digital shares plunged 10.4% in premarket trading after the disk drive maker issued a weaker-than-expected outlook, and supply chain issues that prevented it from fully meeting strong demand. Western Digital did beat top and bottom-line estimates for its latest quarter, earning an adjusted $2.30 per share compared with a consensus estimate of $2.13.3M (MMM) – 3M will appeal a ruling that awarded $110 million to two U.S. Army veterans who said they suffered hearing loss after using 3M’s combat earplugs. 3M has faced multiple lawsuits over allegations that the design of the earplugs is defective. The stock fell 1% in the premarket.Beazer Homes (BZH) – Beazer Homes jumped 5.1% in premarket trading after beating top and bottom-line estimates for the quarter ending in December. Beazer earned $1.14 per share, well above the 67-cent consensus estimate, and said the housing market continues to see strong demand and limited supplyMarket NewsGogoX, the Hong Kong-based logistics startup, has won stock exchange approval for its planned initial public offering in the city, people with knowledge of the matter said.DBS Group Holdings Ltd. agreed to buy Citigroup Inc.’s consumer banking assets in Taiwan, as Southeast Asia’s largest lender pushes ahead with plans to boost its regional presence.Biogen is selling its stake in a pharmaceutical joint venture with the South Korean conglomerate Samsung for $2.3 billion, the company said Thursday, bolstering the drugmaker’s balance sheet.Google will invest as much as $1 billion in India’s second-largest mobile phone operator, as firms race to offer inexpensive data and digital offerings in the only billion-people-plus market still open to foreign companies.A federal jury on Thursday awarded $110 million to two U.S. Army veterans who said combat earplugs sold by 3M Co to the military caused them to suffer hearing damage, the largest verdict yet to result from hundreds of thousands of lawsuits over the product.Warren Buffett is once again richer than Mark Zuckerberg, a reminder of the enduring power of his value-investing approach.","news_type":1},"isVote":1,"tweetType":1,"viewCount":397,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9099925787,"gmtCreate":1643292266656,"gmtModify":1676533798116,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"Sell! Sell everything! Your house, your wife, your soul!","listText":"Sell! Sell everything! Your house, your wife, your soul!","text":"Sell! Sell everything! Your house, your wife, your soul!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9099925787","repostId":"1194933395","repostType":2,"isVote":1,"tweetType":1,"viewCount":422,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9005977453,"gmtCreate":1642164259300,"gmtModify":1676533687928,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"Poor Cathie","listText":"Poor Cathie","text":"Poor Cathie","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9005977453","repostId":"2203149607","repostType":2,"isVote":1,"tweetType":1,"viewCount":499,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138182808,"gmtCreate":1621917787004,"gmtModify":1704364423249,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"Motley fool is a joke","listText":"Motley fool is a joke","text":"Motley fool is a joke","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/138182808","repostId":"2137132568","repostType":4,"isVote":1,"tweetType":1,"viewCount":422,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371040032,"gmtCreate":1618895417226,"gmtModify":1704716508727,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"I got a seizure everytime I look at my portfolio&nbsp;","listText":"I got a seizure everytime I look at my portfolio&nbsp;","text":"I got a seizure everytime I look at my portfolio","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371040032","repostId":"1149811397","repostType":4,"repost":{"id":"1149811397","kind":"news","pubTimestamp":1618893361,"share":"https://ttm.financial/m/news/1149811397?lang=&edition=fundamental","pubTime":"2021-04-20 12:36","market":"us","language":"en","title":"The Market Has Been Forgiving for Way Too Long","url":"https://stock-news.laohu8.com/highlight/detail?id=1149811397","media":"The Street","summary":"At some point, the momentum and frothy traders will return, but the current action should be a solid","content":"<blockquote>At some point, the momentum and frothy traders will return, but the current action should be a solid lesson.</blockquote><p>Stocks quotes in this article:DFLYF</p><p>If you haven't realized it already, the recent shift of the market will put convictions to test. Remember that small-cap or momentum stock you loved a few weeks ago? Do you love it more down 20% or 30% or are you hitting eject?</p><p>We feel like we're trapped in a death by a thousand papercuts trading environment. While indexes are near highs, my momentum watchlists have bled lower a considerable amount. This is when a question of conviction comes into play. Do you not only know what you own but why you own it?</p><p>The market has been forgiving for way too long. When you can get bailed out of a bad purchase simply because everything else rallied around it, you develop bad habits. You buy tickers instead of companies. That's fine when you are trading, not so much if you're holding.</p><p>I know I'm getting beat up on many of my small and midcap holdings, but I'm not losing sleep over it. Do I get a bit annoyed watching the bleed? Of course. That's natural. But I won't pull the plug unless the story changes. Much of that revolves around the market as a whole. Most of my small picks that are getting beat up are just a half-dozen of thousands that have gotten slammed. They aren't down because something in their business misfired. They are lower because the risk appetite for the market has shifted away from entire sectors and market cap sizes.</p><p>It's possible I'll add as we continue to fall. Fortunately, I haven't leveraged anything to own the names. Could I watch them go to zero and not have my life altered? Yes and no. Financially, I could still pay my bills and continue my same lifestyle. Emotionally, I'll kick myself if I ride anything to zero. That means I missed a change in the story, or worse, ignored it.</p><p>However, when I look at a small name like Draganfly (DFLYF) , a company that reported earnings over the weekend, I see they grew revenues over 200%, hit the target range of their forecasts, have a run rate that points to another 200%-300% revenue gains for 2021, and continues to execute. Despite this, shares have been cut in half over the past six weeks. Nothing changed in terms of the story or the financial models, so I'm only a seller here if technicals are my driving factors. Rarely, if ever, do I let technicals drive the bus for a small or microcap stock that I plan to hold for months or years.</p><p>At some point, the momentum and frothy traders will return, but the current action should be a solid lesson. You'll likely need itchy trigger fingers on the sell side. If you're going to buy names without a disciplined stop, then make sure you're buying stories you believe in and you follow those stories closely. When they change, you need to be ready to bail and if the stocks get unfairly beaten, then you should be ready to add.</p>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Market Has Been Forgiving for Way Too Long</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Market Has Been Forgiving for Way Too Long\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-20 12:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://realmoney.thestreet.com/investing/the-market-has-been-forgiving-for-way-too-long-15628221><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>At some point, the momentum and frothy traders will return, but the current action should be a solid lesson.Stocks quotes in this article:DFLYFIf you haven't realized it already, the recent shift of ...</p>\n\n<a href=\"https://realmoney.thestreet.com/investing/the-market-has-been-forgiving-for-way-too-long-15628221\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://realmoney.thestreet.com/investing/the-market-has-been-forgiving-for-way-too-long-15628221","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149811397","content_text":"At some point, the momentum and frothy traders will return, but the current action should be a solid lesson.Stocks quotes in this article:DFLYFIf you haven't realized it already, the recent shift of the market will put convictions to test. Remember that small-cap or momentum stock you loved a few weeks ago? Do you love it more down 20% or 30% or are you hitting eject?We feel like we're trapped in a death by a thousand papercuts trading environment. While indexes are near highs, my momentum watchlists have bled lower a considerable amount. This is when a question of conviction comes into play. Do you not only know what you own but why you own it?The market has been forgiving for way too long. When you can get bailed out of a bad purchase simply because everything else rallied around it, you develop bad habits. You buy tickers instead of companies. That's fine when you are trading, not so much if you're holding.I know I'm getting beat up on many of my small and midcap holdings, but I'm not losing sleep over it. Do I get a bit annoyed watching the bleed? Of course. That's natural. But I won't pull the plug unless the story changes. Much of that revolves around the market as a whole. Most of my small picks that are getting beat up are just a half-dozen of thousands that have gotten slammed. They aren't down because something in their business misfired. They are lower because the risk appetite for the market has shifted away from entire sectors and market cap sizes.It's possible I'll add as we continue to fall. Fortunately, I haven't leveraged anything to own the names. Could I watch them go to zero and not have my life altered? Yes and no. Financially, I could still pay my bills and continue my same lifestyle. Emotionally, I'll kick myself if I ride anything to zero. That means I missed a change in the story, or worse, ignored it.However, when I look at a small name like Draganfly (DFLYF) , a company that reported earnings over the weekend, I see they grew revenues over 200%, hit the target range of their forecasts, have a run rate that points to another 200%-300% revenue gains for 2021, and continues to execute. Despite this, shares have been cut in half over the past six weeks. Nothing changed in terms of the story or the financial models, so I'm only a seller here if technicals are my driving factors. Rarely, if ever, do I let technicals drive the bus for a small or microcap stock that I plan to hold for months or years.At some point, the momentum and frothy traders will return, but the current action should be a solid lesson. You'll likely need itchy trigger fingers on the sell side. If you're going to buy names without a disciplined stop, then make sure you're buying stories you believe in and you follow those stories closely. When they change, you need to be ready to bail and if the stocks get unfairly beaten, then you should be ready to add.","news_type":1},"isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340882043,"gmtCreate":1617372303082,"gmtModify":1704699274785,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"Motley fool? lol","listText":"Motley fool? lol","text":"Motley fool? lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/340882043","repostId":"1191998262","repostType":4,"repost":{"id":"1191998262","kind":"news","pubTimestamp":1617366158,"share":"https://ttm.financial/m/news/1191998262?lang=&edition=fundamental","pubTime":"2021-04-02 20:22","market":"us","language":"en","title":"How Likely Is a Stock Market Crash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1191998262","media":"Motley Fool","summary":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-b","content":"<blockquote>\n You may not like the answer.\n</blockquote>\n<p>For the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmark<b>S&amp;P 500</b>(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.</p>\n<p>But there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.</p>\n<p>It begs the question: How likely is astock market crash? Let's take a closer look.</p>\n<p><b>Double-digit declines occur every 1.87 years, on average</b></p>\n<p>To begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&amp;P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&amp;P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.</p>\n<p>However, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.</p>\n<p>We could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.</p>\n<p><b>Corrections have been an historical given within three years of a bear market bottom</b></p>\n<p>Another interesting piece of evidence to examine is the frequency by which the S&amp;P 500 corrects after hitting a bear-market bottom.</p>\n<p>Since the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).</p>\n<p>Put another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.</p>\n<p><b>Crashes frequently occur when this valuation metric is hit</b></p>\n<p>But the most damning bit of evidence might just be the S&amp;P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.</p>\n<p>As of the close of business on March 30, the S&amp;P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.</p>\n<p>To some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.</p>\n<p>However, previous instances of the S&amp;P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.</p>\n<p><b>Keep that cash handy in the event that opportunity knocks</b></p>\n<p>To circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.</p>\n<p>While this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.</p>\n<p>The reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&amp;P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&amp;P 500 been negative.</p>\n<p>If you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&amp;P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.</p>","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>How Likely Is a Stock Market Crash?</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\">\nHow Likely Is a Stock Market Crash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191998262","content_text":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.\nBut there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.\nIt begs the question: How likely is astock market crash? Let's take a closer look.\nDouble-digit declines occur every 1.87 years, on average\nTo begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.\nHowever, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.\nWe could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.\nCorrections have been an historical given within three years of a bear market bottom\nAnother interesting piece of evidence to examine is the frequency by which the S&P 500 corrects after hitting a bear-market bottom.\nSince the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).\nPut another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.\nCrashes frequently occur when this valuation metric is hit\nBut the most damning bit of evidence might just be the S&P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.\nAs of the close of business on March 30, the S&P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.\nTo some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.\nHowever, previous instances of the S&P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.\nKeep that cash handy in the event that opportunity knocks\nTo circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.\nWhile this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.\nThe reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&P 500 been negative.\nIf you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":356,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327212866,"gmtCreate":1616086203055,"gmtModify":1704790879961,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"Hedge fund are just sector rotating to satisfy their boomer clients&nbsp;","listText":"Hedge fund are just sector rotating to satisfy their boomer clients&nbsp;","text":"Hedge fund are just sector rotating to satisfy their boomer clients","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/327212866","repostId":"1172934216","repostType":4,"repost":{"id":"1172934216","kind":"news","pubTimestamp":1616077569,"share":"https://ttm.financial/m/news/1172934216?lang=&edition=fundamental","pubTime":"2021-03-18 22:26","market":"us","language":"en","title":"Investors really hate tech stocks right now— but should they?","url":"https://stock-news.laohu8.com/highlight/detail?id=1172934216","media":"yahoo","summary":"There is no love for hot tech stocks right now, but strategists say eventually that will change because commonsense says it should change.Nevertheless, the lack of love for tech is growing palpable as positions areslashed amid the rise in 10-year yields and a rotation into value stocks.Fund managers cut their tech weighting to the lowest overweight position since January 2009,according to a new survey out this week from Bank of America. The survey found that while 34% of fund managers view being","content":"<p>There is no love for hot tech stocks right now, but strategists say eventually that will change because commonsense says it&nbsp;should&nbsp;change.</p><p>Nevertheless, the lack of love for tech is growing palpable as positions areslashed amid the rise in 10-year yields and a rotation into value stocks.</p><p>Fund managers cut their tech weighting to the lowest overweight position since January 2009,according to a new survey out this week from Bank of America. The survey found that while 34% of fund managers view being long tech as a crowded trade, the figure is sharp decline from the 80% polled in Sept. 20.</p><p>The somewhat bearish assessment of tech on the Street reflects noticeable sell-offs in proven tech winners this past month.</p><p>TheNYSE FANG+ Index— which tracks the performance of household name tech stocks such as Facebook, Apple and Tesla —has dropped 8% since hitting a record closing high on Feb. 17. Some individual tech sell-offs have been more jarring. Tesla shares are down 13% inside of a month, Salesforce is off 14% andZoom has shed 24%.</p><p>\"At the core of the lingering tech bear thesis, high flying tech stocks are crowded names with broken technicals and no traditional valuation support,\" opinesWedbush tech analyst Dan Ives, who adds what traders are witnessing is a \"painful, brutal valuation digestion period.\"</p><p>Painful indeed.</p><p><b>Bullish bias in tech</b></p><p>But there are longer term positive catalysts in play for tech stocks that could return to focus soon given cheaper valuations, strategists point out. The most obvious is the ongoing shift to the cloud. It's a transition that is only likely to intensify with corporate budgets loosening up post-pandemic and a pivot to hybrid workforces.</p><p>\"Today we estimate 35% of workloads are on the cloud with a doubling of workloads on the cloud expected by 2023 across the enterprise landscape on an eye popping trajectory. While valuations will continue to be an emotional bull/bear debate, the fundamental growth on the horizon for these next generation technologies is unprecedented as this 4th Industrial Revolution begins to take hold,\" Ives contends.</p><p><img src=\"https://static.tigerbbs.com/bf4099732f827d2f4b66023f2091ced4\" tg-width=\"705\" tg-height=\"343\" referrerpolicy=\"no-referrer\">The bears are out on tech stocks.</p><p>Ives is particularly bullish on DocuSign, ZScaler, Microsoft, Salesforce and Nuance as plays on the move to the cloud.</p><p>Meanwhile, a historical look at tech valuations and economic growth support a bullish bias in tech names over a longer period of time.</p><p>\"Since 1947, the annualized excess outperformance of the technology sector has been 2.7% greater (i.e., 3.4% versus 0.7%) when real GDP growth was above average compared to when it was below average,\" points outThe Leuthold Group chief investment officer Jim Paulsen.</p><p>Paulsen — a long-time market historian — doesn't stop there in trying to make his case for tech.</p><p>He adds, \"Since 1950, tech stocks have thrived when the 10-year bond yield has been lower than 5%, beating the overall market by a 5.8% annualized pace and outpacing 61% of the time. For all quarters since 1947 when bond yields have increased, Tech stocks outperformed on average at a 4.9% annualized clip while trailing the overall stock market by an average annualized 1.8% during quarters when yields declined.\"</p><p>So hang in there tech investors — time and fundamentals are on your side.</p>","source":"lsy1584348713084","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>Investors really hate tech stocks right now— but should they?</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\">\nInvestors really hate tech stocks right now— but should they?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-18 22:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/investors-really-hate-tech-stocks-right-now-but-should-they-194148090.html><strong>yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There is no love for hot tech stocks right now, but strategists say eventually that will change because commonsense says it should change.Nevertheless, the lack of love for tech is growing palpable as...</p>\n\n<a href=\"https://finance.yahoo.com/news/investors-really-hate-tech-stocks-right-now-but-should-they-194148090.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/investors-really-hate-tech-stocks-right-now-but-should-they-194148090.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172934216","content_text":"There is no love for hot tech stocks right now, but strategists say eventually that will change because commonsense says it should change.Nevertheless, the lack of love for tech is growing palpable as positions areslashed amid the rise in 10-year yields and a rotation into value stocks.Fund managers cut their tech weighting to the lowest overweight position since January 2009,according to a new survey out this week from Bank of America. The survey found that while 34% of fund managers view being long tech as a crowded trade, the figure is sharp decline from the 80% polled in Sept. 20.The somewhat bearish assessment of tech on the Street reflects noticeable sell-offs in proven tech winners this past month.TheNYSE FANG+ Index— which tracks the performance of household name tech stocks such as Facebook, Apple and Tesla —has dropped 8% since hitting a record closing high on Feb. 17. Some individual tech sell-offs have been more jarring. Tesla shares are down 13% inside of a month, Salesforce is off 14% andZoom has shed 24%.\"At the core of the lingering tech bear thesis, high flying tech stocks are crowded names with broken technicals and no traditional valuation support,\" opinesWedbush tech analyst Dan Ives, who adds what traders are witnessing is a \"painful, brutal valuation digestion period.\"Painful indeed.Bullish bias in techBut there are longer term positive catalysts in play for tech stocks that could return to focus soon given cheaper valuations, strategists point out. The most obvious is the ongoing shift to the cloud. It's a transition that is only likely to intensify with corporate budgets loosening up post-pandemic and a pivot to hybrid workforces.\"Today we estimate 35% of workloads are on the cloud with a doubling of workloads on the cloud expected by 2023 across the enterprise landscape on an eye popping trajectory. While valuations will continue to be an emotional bull/bear debate, the fundamental growth on the horizon for these next generation technologies is unprecedented as this 4th Industrial Revolution begins to take hold,\" Ives contends.The bears are out on tech stocks.Ives is particularly bullish on DocuSign, ZScaler, Microsoft, Salesforce and Nuance as plays on the move to the cloud.Meanwhile, a historical look at tech valuations and economic growth support a bullish bias in tech names over a longer period of time.\"Since 1947, the annualized excess outperformance of the technology sector has been 2.7% greater (i.e., 3.4% versus 0.7%) when real GDP growth was above average compared to when it was below average,\" points outThe Leuthold Group chief investment officer Jim Paulsen.Paulsen — a long-time market historian — doesn't stop there in trying to make his case for tech.He adds, \"Since 1950, tech stocks have thrived when the 10-year bond yield has been lower than 5%, beating the overall market by a 5.8% annualized pace and outpacing 61% of the time. For all quarters since 1947 when bond yields have increased, Tech stocks outperformed on average at a 4.9% annualized clip while trailing the overall stock market by an average annualized 1.8% during quarters when yields declined.\"So hang in there tech investors — time and fundamentals are on your side.","news_type":1},"isVote":1,"tweetType":1,"viewCount":356,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":251510615601384,"gmtCreate":1702441317021,"gmtModify":1702441319857,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CHPT\">$ChargePoint Holdings Inc.(CHPT)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/CHPT\">$ChargePoint Holdings Inc.(CHPT)$ </a>&nbsp;","text":"$ChargePoint Holdings Inc.(CHPT)$","images":[{"img":"https://community-static.tradeup.com/news/6a18823a2e2be6aca8bc2cac4a36b7af","width":"906","height":"1406"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/251510615601384","isVote":1,"tweetType":1,"viewCount":452,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9038325099,"gmtCreate":1646748709527,"gmtModify":1676534157661,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"Buy only if you like losing money[Facepalm]&nbsp;","listText":"Buy only if you like losing money[Facepalm]&nbsp;","text":"Buy only if you like losing money[Facepalm]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038325099","repostId":"2217100884","repostType":2,"repost":{"id":"2217100884","kind":"highlight","pubTimestamp":1646752884,"share":"https://ttm.financial/m/news/2217100884?lang=&edition=fundamental","pubTime":"2022-03-08 23:21","market":"us","language":"en","title":"Is Sea Limited Stock a Buy Now?","url":"https://stock-news.laohu8.com/highlight/detail?id=2217100884","media":"Motley Fool","summary":"The company's key business segment could be losing steam.","content":"<html><head></head><body><p>Digital conglomerate <b>Sea Limited</b> (NYSE:SE) was one of the hottest stocks of 2020 and 2021, soaring from less than $40 per share before the pandemic to more than $350 at its peak in late 2021. It&#39;s collapsed more than 70% from its highs to under $100 per share in just a few months, showing how the market can both giveth, and taketh away.</p><p>However, the market&#39;s cold reception toward Sea Limited may not be without merit. There was a significant area of concern with the company&#39;s fourth-quarter 2021 earnings results. I&#39;ll break down what could have the market spooked about Sea Limited and why the recent dip could be an excellent opportunity for long-term investors.</p><p>Sea Limited offers digital products and services in gaming, e-commerce, and fintech. According to App Annie, its gaming segment Garena created <i>Free Fire</i>, the world&#39;s most downloaded mobile game from 2019 to 2021. Shopee is Sea Limited&#39;s e-commerce marketplace, and Sea Money, its digital payments platform, integrates across the business.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/78610350c01555d7fe292e0139b441f3\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\"/><span>Image Source: Getty Images.</span></p><h2>A dark spot in an otherwise bright quarter</h2><p>Gaming, e-commerce, and fintech are all fast-growing industries, which has enabled Sea Limited to thrive. The company grew its revenue 106% year over year in Q4 2021 and 128% for the entire year. Sea Limited has averaged 119% annual revenue growth over the past three years, so it&#39;s continued its rapid growth.</p><p>However, management guided Garena for $2.9 billion to $3.1 billion in bookings for 2022. Bookings are essentially funds that have been purchased but not spent on the game platform, so they indicate the momentum of the gaming business. Garena&#39;s total 2021 bookings were $4.6 billion, so this is a massive decline that suggests the gaming business could be about to slow down dramatically.</p><p>Garena is Sea&#39;s &#34;money maker.&#34; It contributes all of its profits. Its total 2021 non-GAAP EBITDA from Garena was $2.77 billion, while the rest of the company posted losses, bringing companywide 2021 EBITDA to minus $593 million. Garena&#39;s profits enable the company to invest in growth, like expanding into new markets. It&#39;s reasonable that a weakness in the gaming business could threaten Sea&#39;s path to bottom-line profitability (positive net income), as well as its ability to fund growth.</p><h2>The stock has become attractive</h2><p>It&#39;s not that investors should dismiss these risks; they need to be monitored by shareholders over the coming quarters. However, some context could be important.</p><p>Management attributes the anticipated slowdown to be caused by reopening, where gamers don&#39;t have as much time to spend playing Freefire now that work, school, and social gatherings are slowly going back to normal. Freefire is also currently banned in India due to <b>Tencent</b>&#39;s stake in Sea Limited. It makes sense that these things might impact Garena, and active users still grew 7% year-over-year in Q4. It&#39;s something to watch for sure, but I&#39;m not sure it&#39;s an automatic reason to avoid the stock.</p><p>Meanwhile, Sea&#39;s stock is about as cheap from a price-to-sales ratio standpoint as at any point in its history as a public company. You can see below how the P/S ratio threatens to go below pre-COVID levels.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8c4f53e10ddf322d0a2f2864ddec46ee\" tg-width=\"720\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/><span>SE PS Ratio data by YCharts</span></p><p>Is the company dealing with some bumps in the road? Of course, however, I would argue that the valuation compensates investors for it, versus when the stock traded at a P/S ratio of more than 24 just a few months ago.</p><h2>Flexibility and growth to drive long-term returns</h2><p>If you look beyond Garena&#39;s potential slowdown, the company is still performing at a high level. Sea&#39;s fintech business guided 155% revenue growth in 2022, while Shopee expects 75% growth.</p><p>Southeast Asia is a hotbed for digital growth; <b>Alphabet</b> estimated that the digital economy in the region could double in value to $335 billion by 2025 and potentially reach $1 trillion by the end of the decade.</p><p>Sea&#39;s growth outlook for Shopee and Sea Money shows how rapidly the business is growing; management recently launched new divisions such as Sea AI Lab for artificial intelligence applications and Sea Capital, a segment for strategic investments.</p><p>The company seems to have the ingredients to continue growing for years to come, even if the short-term include some hiccups along the way. Investors may need to have some patience, but the stock&#39;s increasingly attractive valuation could make it worth the wait.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Sea Limited Stock a Buy Now?</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\">\nIs Sea Limited Stock a Buy Now?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-08 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/03/07/is-sea-limited-stock-a-buy-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Digital conglomerate Sea Limited (NYSE:SE) was one of the hottest stocks of 2020 and 2021, soaring from less than $40 per share before the pandemic to more than $350 at its peak in late 2021. It's ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/03/07/is-sea-limited-stock-a-buy-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4526":"热门中概股","BK4504":"桥水持仓","SE":"Sea Ltd","BK4535":"淡马锡持仓","BK4548":"巴美列捷福持仓","BK4505":"高瓴资本持仓","BK4139":"生物科技"},"source_url":"https://www.fool.com/investing/2022/03/07/is-sea-limited-stock-a-buy-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2217100884","content_text":"Digital conglomerate Sea Limited (NYSE:SE) was one of the hottest stocks of 2020 and 2021, soaring from less than $40 per share before the pandemic to more than $350 at its peak in late 2021. It's collapsed more than 70% from its highs to under $100 per share in just a few months, showing how the market can both giveth, and taketh away.However, the market's cold reception toward Sea Limited may not be without merit. There was a significant area of concern with the company's fourth-quarter 2021 earnings results. I'll break down what could have the market spooked about Sea Limited and why the recent dip could be an excellent opportunity for long-term investors.Sea Limited offers digital products and services in gaming, e-commerce, and fintech. According to App Annie, its gaming segment Garena created Free Fire, the world's most downloaded mobile game from 2019 to 2021. Shopee is Sea Limited's e-commerce marketplace, and Sea Money, its digital payments platform, integrates across the business.Image Source: Getty Images.A dark spot in an otherwise bright quarterGaming, e-commerce, and fintech are all fast-growing industries, which has enabled Sea Limited to thrive. The company grew its revenue 106% year over year in Q4 2021 and 128% for the entire year. Sea Limited has averaged 119% annual revenue growth over the past three years, so it's continued its rapid growth.However, management guided Garena for $2.9 billion to $3.1 billion in bookings for 2022. Bookings are essentially funds that have been purchased but not spent on the game platform, so they indicate the momentum of the gaming business. Garena's total 2021 bookings were $4.6 billion, so this is a massive decline that suggests the gaming business could be about to slow down dramatically.Garena is Sea's \"money maker.\" It contributes all of its profits. Its total 2021 non-GAAP EBITDA from Garena was $2.77 billion, while the rest of the company posted losses, bringing companywide 2021 EBITDA to minus $593 million. Garena's profits enable the company to invest in growth, like expanding into new markets. It's reasonable that a weakness in the gaming business could threaten Sea's path to bottom-line profitability (positive net income), as well as its ability to fund growth.The stock has become attractiveIt's not that investors should dismiss these risks; they need to be monitored by shareholders over the coming quarters. However, some context could be important.Management attributes the anticipated slowdown to be caused by reopening, where gamers don't have as much time to spend playing Freefire now that work, school, and social gatherings are slowly going back to normal. Freefire is also currently banned in India due to Tencent's stake in Sea Limited. It makes sense that these things might impact Garena, and active users still grew 7% year-over-year in Q4. It's something to watch for sure, but I'm not sure it's an automatic reason to avoid the stock.Meanwhile, Sea's stock is about as cheap from a price-to-sales ratio standpoint as at any point in its history as a public company. You can see below how the P/S ratio threatens to go below pre-COVID levels.SE PS Ratio data by YChartsIs the company dealing with some bumps in the road? Of course, however, I would argue that the valuation compensates investors for it, versus when the stock traded at a P/S ratio of more than 24 just a few months ago.Flexibility and growth to drive long-term returnsIf you look beyond Garena's potential slowdown, the company is still performing at a high level. Sea's fintech business guided 155% revenue growth in 2022, while Shopee expects 75% growth.Southeast Asia is a hotbed for digital growth; Alphabet estimated that the digital economy in the region could double in value to $335 billion by 2025 and potentially reach $1 trillion by the end of the decade.Sea's growth outlook for Shopee and Sea Money shows how rapidly the business is growing; management recently launched new divisions such as Sea AI Lab for artificial intelligence applications and Sea Capital, a segment for strategic investments.The company seems to have the ingredients to continue growing for years to come, even if the short-term include some hiccups along the way. Investors may need to have some patience, but the stock's increasingly attractive valuation could make it worth the wait.","news_type":1},"isVote":1,"tweetType":1,"viewCount":658,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138182808,"gmtCreate":1621917787004,"gmtModify":1704364423249,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"Motley fool is a joke","listText":"Motley fool is a joke","text":"Motley fool is a joke","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/138182808","repostId":"2137132568","repostType":4,"repost":{"id":"2137132568","kind":"highlight","pubTimestamp":1621915020,"share":"https://ttm.financial/m/news/2137132568?lang=&edition=fundamental","pubTime":"2021-05-25 11:57","market":"us","language":"en","title":"10 Reasons the Cryptocurrency Bubble Is Bursting","url":"https://stock-news.laohu8.com/highlight/detail?id=2137132568","media":"Motley Fool","summary":"This might be more than just a \"healthy pullback.\"","content":"<blockquote><b>This might be more than just a \"healthy pullback.\"</b></blockquote><p>For more than 100 years, the stock market has been <a href=\"https://laohu8.com/S/AONE\">one</a> of the greatest wealth creators in this country. Stocks might have taken a back seat to housing, oil, gold, or other assets for brief periods of time over the past century, but they've delivered the highest consistent returns of any investment vehicle.</p><p>That is until cryptocurrencies came along a little over a decade ago.</p><p>The emergence of <b>Bitcoin</b> (CRYPTO:BTC), <b>Ethereum</b> (CRYPTO:ETH), <b>Dogecoin</b> (CRYPTO:DOGE), and a host of other digital currencies have paved the way for once-in-a-lifetime gains. For instance, a $155 investment in Bitcoin at $1 would have been worth over $1 million when it hit $64,800 a token in mid-April.</p><p>But over the past two weeks, cryptocurrencies have fallen off a cliff. Some would call this a natural pullback after a monstrous run higher. I have a different name for it: a popping bubble.</p><p>While there is no shortage of enthusiasts who believe digital currencies are the greatest thing since sliced bread, I believe the crypto market is imploding for 10 very good reasons.</p><p><img src=\"https://static.tigerbbs.com/08bd510be5ae746f0867c5de1184417a\" tg-width=\"700\" tg-height=\"464\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><p>1. There's very minimal real-world utility</p><p>One of the biggest drawbacks of digital currency is that it's virtually useless outside a cryptocurrency exchange. Although we've seen a small number of high-profile companies or organizations accept Bitcoin or Dogecoin, the reality is that the total number of businesses accepting either is microscopic. Approximately 1,300 businesses globally have chosen to accept Dogecoin after eight years, while Fundera found that 15,174 businesses accept Bitcoin, as of December 2020. For some context here, there are an estimated 582 million entrepreneurs worldwide.</p><p>2. Valuations, relative to transaction data, made no sense</p><p>Even though valuation is somewhat subjective, <a href=\"https://laohu8.com/S/AONE.U\">one</a> glance at transaction data for the three most popular cryptocurrencies, relative to payment processing juggernauts such as <b><a href=\"https://laohu8.com/S/V\">Visa</a></b> (NYSE:V) and <b>Mastercard</b> (NYSE:MA), would leave anyone's jaw on the floor.</p><p>The latest Nilson report found that 1.01 billion credit transactions were processed daily in 2018, 700 million of which were handled by Visa and Mastercard. By comparison, Bitcoin, Ethereum, and Dogecoin are processing in the neighborhood of 300,000, 1.4 million, and 50,000 respective transactions on their blockchains each day. All the major cryptos combined can't hold a candle to the processing potential of Visa or Mastercard, yet the Big Three of crypto have a higher combined market value than Visa and Mastercard. That makes no sense.</p><p><img src=\"https://static.tigerbbs.com/ce89a01a16c15dafb27017a6a42cedc3\" tg-width=\"700\" tg-height=\"496\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><p>3. Businesses have been slow to adopt blockchain</p><p>On paper, blockchain sounds great. On the financial side of the equation, it's a way to expedite the validation and settlement of payments. Rather than waiting up to a week for cross-border payments to settle, they could be resolved in mere seconds or minutes. Blockchain also has nonfinancial applications. Ethereum's smart contract-driven blockchain might be the key to one day unlocking supply chain bottlenecks.</p><p>However, what sounds great on paper doesn't always translate into real-world success. Blockchain continues to suffer from a Catch-22. Businesses won't adopt it till the technology is proven on a broad scale, but no businesses will abandon their existing (and proven) infrastructure to effectively be the guinea pig. Until blockchain matures, big business will keep its distance.</p><p>4. There's virtually no barrier to entry</p><p>Aside from minimal utility, my biggest personal gripe with crypto is there's no barrier to entry. Anyone with the time to code can develop a blockchain and, potentially, a tethered token. According to CoinMarketCap, there are almost 10,000 different cryptocurrencies in its system. While many aren't trading much, if at all, that's an insane number of potential competitors to Bitcoin, Dogecoin, and Ethereum, with the likelihood of many more to come.</p><p>In short, the crypto space is constantly being diluted by an unlimited amount of competition.</p><p><img src=\"https://static.tigerbbs.com/614d7f34734e33d740f7f9c02ed3f8fd\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><p>5. Centralization remains a problem</p><p>One of the many goals of cryptocurrencies is decentralization. This is to ensure that no one person or small group of people controls a network. Yet according to data from BitInfoCharts.com, ownership in Bitcoin and Dogecoin is fairly centralized. Just 2,155 addresses own almost 42% of all Bitcoin, while 66.6% of all outstanding Dogecoin is owned by only 99 addresses. It's possible folks are waking up to the fact that these financial experiments aren't as decentralized as they were intended to be.</p><p>6. Elon Musk is tugging at heartstrings</p><p>Another reason the crypto bubble is bursting is that it's been artificially driven by tweets from <b>Tesla</b>&nbsp;CEO Elon Musk.</p><p>At first, Musk was all aboard the Bitcoin train. He purchased $1.5 billion Bitcoin for Tesla's balance sheet in February and announced that the company would begin accepting Bitcoin for electric vehicle purchases a month later. Then, after 49 days, he tweeted that Tesla would no longer accept Bitcoin because of the adverse environmental impacts of mining it. He's since turned his attention to Dogecoin.</p><p>The fact that tweets with little or no substance are creating and erasing hundreds of billions of dollars in crypto market value would seem to indicate that a bubble has been brewing for some time.</p><p><img src=\"https://static.tigerbbs.com/4c7f03bc8a60bee0f293f0582f185505\" tg-width=\"700\" tg-height=\"474\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><p>7. Not all governments are OK with crypto</p><p>The crypto bubble is also popping because some governments aren't OK with allowing cryptocurrencies to undermine their own central bank-backed currencies. Last week, China sent the crypto market into a tailspin after prohibiting banks and online payment channels in the country from offering any services related to the cryptocurrency industry. It should be noted that a lot of Bitcoin mining occurs in China.</p><p>And China's far from alone. Turkey recently enacted a ban on crypto payments. Meanwhile, countries including Bolivia, Ecuador, Nigeria, and Algeria have effectively banned digital currencies. This trend makes the global use case for crypto unlikely.</p><p>8. There are no identifiable real-world correlations</p><p>Yet another issue with crypto is there are no readily identifiable real-world correlations.</p><p>For example, we know that gold and the U.S. dollar have an inverse relationship to one another. When the dollar is declining in value, gold is very likely rising in value. This is a correlation that's been established over a long period of time.</p><p>Bitcoin, Ethereum, and Dogecoin don't have these correlations. Enthusiasts like to point out how crypto is a hedge against inflation, but they forget that Bitcoin has both risen and fallen when the money supply expanded rapidly or slowly. Crypto is driven by emotion and technical analysis, primarily because it has no real-world correlations.</p><p><img src=\"https://static.tigerbbs.com/b04ade705354c4825038c4dfcd0187d9\" tg-width=\"700\" tg-height=\"500\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><p>9. Leverage is haunting the crypto market</p><p>The cryptocurrency implosion can also be blamed on investors who are over-levered. Some of the most popular crypto exchanges will allow customers to use 50 to 125 times leverage on their actual account equity. While this isn't an uncommon amount of leverage in forex, where currencies move in fractions of a cent, it's absolutely ludicrous for crypto, which can move 3% in the blink of an eye.</p><p>According to data from Bybt.com, via Bloomberg, over 887,000 accounts totaling $9.4 billion in aggregate crypto assets were liquidated as a result of leverage-based margin calls on May 19. Because of this insane leverage, it doesn't take much for things to go south quickly for the crypto market.</p><p>10. Investors always overhype new tech</p><p>Finally, investors frequently overestimate the adoption of new technology. Though there is no shortage of people hyped up about blockchain, it's been more than a half-decade and the blockchain buzz hasn't materialized into meaningful enterprise usage. It takes all next-big-thing technology time to mature, and crypto will be no different.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>10 Reasons the Cryptocurrency Bubble Is Bursting</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\">\n10 Reasons the Cryptocurrency Bubble Is Bursting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-25 11:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/24/10-reasons-the-cryptocurrency-bubble-is-bursting/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This might be more than just a \"healthy pullback.\"For more than 100 years, the stock market has been one of the greatest wealth creators in this country. Stocks might have taken a back seat to housing...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/24/10-reasons-the-cryptocurrency-bubble-is-bursting/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","V":"Visa","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.fool.com/investing/2021/05/24/10-reasons-the-cryptocurrency-bubble-is-bursting/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137132568","content_text":"This might be more than just a \"healthy pullback.\"For more than 100 years, the stock market has been one of the greatest wealth creators in this country. Stocks might have taken a back seat to housing, oil, gold, or other assets for brief periods of time over the past century, but they've delivered the highest consistent returns of any investment vehicle.That is until cryptocurrencies came along a little over a decade ago.The emergence of Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), Dogecoin (CRYPTO:DOGE), and a host of other digital currencies have paved the way for once-in-a-lifetime gains. For instance, a $155 investment in Bitcoin at $1 would have been worth over $1 million when it hit $64,800 a token in mid-April.But over the past two weeks, cryptocurrencies have fallen off a cliff. Some would call this a natural pullback after a monstrous run higher. I have a different name for it: a popping bubble.While there is no shortage of enthusiasts who believe digital currencies are the greatest thing since sliced bread, I believe the crypto market is imploding for 10 very good reasons.Image source: Getty Images.1. There's very minimal real-world utilityOne of the biggest drawbacks of digital currency is that it's virtually useless outside a cryptocurrency exchange. Although we've seen a small number of high-profile companies or organizations accept Bitcoin or Dogecoin, the reality is that the total number of businesses accepting either is microscopic. Approximately 1,300 businesses globally have chosen to accept Dogecoin after eight years, while Fundera found that 15,174 businesses accept Bitcoin, as of December 2020. For some context here, there are an estimated 582 million entrepreneurs worldwide.2. Valuations, relative to transaction data, made no senseEven though valuation is somewhat subjective, one glance at transaction data for the three most popular cryptocurrencies, relative to payment processing juggernauts such as Visa (NYSE:V) and Mastercard (NYSE:MA), would leave anyone's jaw on the floor.The latest Nilson report found that 1.01 billion credit transactions were processed daily in 2018, 700 million of which were handled by Visa and Mastercard. By comparison, Bitcoin, Ethereum, and Dogecoin are processing in the neighborhood of 300,000, 1.4 million, and 50,000 respective transactions on their blockchains each day. All the major cryptos combined can't hold a candle to the processing potential of Visa or Mastercard, yet the Big Three of crypto have a higher combined market value than Visa and Mastercard. That makes no sense.Image source: Getty Images.3. Businesses have been slow to adopt blockchainOn paper, blockchain sounds great. On the financial side of the equation, it's a way to expedite the validation and settlement of payments. Rather than waiting up to a week for cross-border payments to settle, they could be resolved in mere seconds or minutes. Blockchain also has nonfinancial applications. Ethereum's smart contract-driven blockchain might be the key to one day unlocking supply chain bottlenecks.However, what sounds great on paper doesn't always translate into real-world success. Blockchain continues to suffer from a Catch-22. Businesses won't adopt it till the technology is proven on a broad scale, but no businesses will abandon their existing (and proven) infrastructure to effectively be the guinea pig. Until blockchain matures, big business will keep its distance.4. There's virtually no barrier to entryAside from minimal utility, my biggest personal gripe with crypto is there's no barrier to entry. Anyone with the time to code can develop a blockchain and, potentially, a tethered token. According to CoinMarketCap, there are almost 10,000 different cryptocurrencies in its system. While many aren't trading much, if at all, that's an insane number of potential competitors to Bitcoin, Dogecoin, and Ethereum, with the likelihood of many more to come.In short, the crypto space is constantly being diluted by an unlimited amount of competition.Image source: Getty Images.5. Centralization remains a problemOne of the many goals of cryptocurrencies is decentralization. This is to ensure that no one person or small group of people controls a network. Yet according to data from BitInfoCharts.com, ownership in Bitcoin and Dogecoin is fairly centralized. Just 2,155 addresses own almost 42% of all Bitcoin, while 66.6% of all outstanding Dogecoin is owned by only 99 addresses. It's possible folks are waking up to the fact that these financial experiments aren't as decentralized as they were intended to be.6. Elon Musk is tugging at heartstringsAnother reason the crypto bubble is bursting is that it's been artificially driven by tweets from Tesla CEO Elon Musk.At first, Musk was all aboard the Bitcoin train. He purchased $1.5 billion Bitcoin for Tesla's balance sheet in February and announced that the company would begin accepting Bitcoin for electric vehicle purchases a month later. Then, after 49 days, he tweeted that Tesla would no longer accept Bitcoin because of the adverse environmental impacts of mining it. He's since turned his attention to Dogecoin.The fact that tweets with little or no substance are creating and erasing hundreds of billions of dollars in crypto market value would seem to indicate that a bubble has been brewing for some time.Image source: Getty Images.7. Not all governments are OK with cryptoThe crypto bubble is also popping because some governments aren't OK with allowing cryptocurrencies to undermine their own central bank-backed currencies. Last week, China sent the crypto market into a tailspin after prohibiting banks and online payment channels in the country from offering any services related to the cryptocurrency industry. It should be noted that a lot of Bitcoin mining occurs in China.And China's far from alone. Turkey recently enacted a ban on crypto payments. Meanwhile, countries including Bolivia, Ecuador, Nigeria, and Algeria have effectively banned digital currencies. This trend makes the global use case for crypto unlikely.8. There are no identifiable real-world correlationsYet another issue with crypto is there are no readily identifiable real-world correlations.For example, we know that gold and the U.S. dollar have an inverse relationship to one another. When the dollar is declining in value, gold is very likely rising in value. This is a correlation that's been established over a long period of time.Bitcoin, Ethereum, and Dogecoin don't have these correlations. Enthusiasts like to point out how crypto is a hedge against inflation, but they forget that Bitcoin has both risen and fallen when the money supply expanded rapidly or slowly. Crypto is driven by emotion and technical analysis, primarily because it has no real-world correlations.Image source: Getty Images.9. Leverage is haunting the crypto marketThe cryptocurrency implosion can also be blamed on investors who are over-levered. Some of the most popular crypto exchanges will allow customers to use 50 to 125 times leverage on their actual account equity. While this isn't an uncommon amount of leverage in forex, where currencies move in fractions of a cent, it's absolutely ludicrous for crypto, which can move 3% in the blink of an eye.According to data from Bybt.com, via Bloomberg, over 887,000 accounts totaling $9.4 billion in aggregate crypto assets were liquidated as a result of leverage-based margin calls on May 19. Because of this insane leverage, it doesn't take much for things to go south quickly for the crypto market.10. Investors always overhype new techFinally, investors frequently overestimate the adoption of new technology. Though there is no shortage of people hyped up about blockchain, it's been more than a half-decade and the blockchain buzz hasn't materialized into meaningful enterprise usage. It takes all next-big-thing technology time to mature, and crypto will be no different.","news_type":1},"isVote":1,"tweetType":1,"viewCount":422,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9093099387,"gmtCreate":1643443638678,"gmtModify":1676533821754,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"Just buy crypto gaming coins","listText":"Just buy crypto gaming coins","text":"Just buy crypto gaming coins","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9093099387","repostId":"1126756363","repostType":4,"isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9005977453,"gmtCreate":1642164259300,"gmtModify":1676533687928,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"Poor Cathie","listText":"Poor Cathie","text":"Poor Cathie","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9005977453","repostId":"2203149607","repostType":2,"isVote":1,"tweetType":1,"viewCount":499,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327212866,"gmtCreate":1616086203055,"gmtModify":1704790879961,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"Hedge fund are just sector rotating to satisfy their boomer clients&nbsp;","listText":"Hedge fund are just sector rotating to satisfy their boomer clients&nbsp;","text":"Hedge fund are just sector rotating to satisfy their boomer clients","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/327212866","repostId":"1172934216","repostType":4,"repost":{"id":"1172934216","kind":"news","pubTimestamp":1616077569,"share":"https://ttm.financial/m/news/1172934216?lang=&edition=fundamental","pubTime":"2021-03-18 22:26","market":"us","language":"en","title":"Investors really hate tech stocks right now— but should they?","url":"https://stock-news.laohu8.com/highlight/detail?id=1172934216","media":"yahoo","summary":"There is no love for hot tech stocks right now, but strategists say eventually that will change because commonsense says it should change.Nevertheless, the lack of love for tech is growing palpable as positions areslashed amid the rise in 10-year yields and a rotation into value stocks.Fund managers cut their tech weighting to the lowest overweight position since January 2009,according to a new survey out this week from Bank of America. The survey found that while 34% of fund managers view being","content":"<p>There is no love for hot tech stocks right now, but strategists say eventually that will change because commonsense says it&nbsp;should&nbsp;change.</p><p>Nevertheless, the lack of love for tech is growing palpable as positions areslashed amid the rise in 10-year yields and a rotation into value stocks.</p><p>Fund managers cut their tech weighting to the lowest overweight position since January 2009,according to a new survey out this week from Bank of America. The survey found that while 34% of fund managers view being long tech as a crowded trade, the figure is sharp decline from the 80% polled in Sept. 20.</p><p>The somewhat bearish assessment of tech on the Street reflects noticeable sell-offs in proven tech winners this past month.</p><p>TheNYSE FANG+ Index— which tracks the performance of household name tech stocks such as Facebook, Apple and Tesla —has dropped 8% since hitting a record closing high on Feb. 17. Some individual tech sell-offs have been more jarring. Tesla shares are down 13% inside of a month, Salesforce is off 14% andZoom has shed 24%.</p><p>\"At the core of the lingering tech bear thesis, high flying tech stocks are crowded names with broken technicals and no traditional valuation support,\" opinesWedbush tech analyst Dan Ives, who adds what traders are witnessing is a \"painful, brutal valuation digestion period.\"</p><p>Painful indeed.</p><p><b>Bullish bias in tech</b></p><p>But there are longer term positive catalysts in play for tech stocks that could return to focus soon given cheaper valuations, strategists point out. The most obvious is the ongoing shift to the cloud. It's a transition that is only likely to intensify with corporate budgets loosening up post-pandemic and a pivot to hybrid workforces.</p><p>\"Today we estimate 35% of workloads are on the cloud with a doubling of workloads on the cloud expected by 2023 across the enterprise landscape on an eye popping trajectory. While valuations will continue to be an emotional bull/bear debate, the fundamental growth on the horizon for these next generation technologies is unprecedented as this 4th Industrial Revolution begins to take hold,\" Ives contends.</p><p><img src=\"https://static.tigerbbs.com/bf4099732f827d2f4b66023f2091ced4\" tg-width=\"705\" tg-height=\"343\" referrerpolicy=\"no-referrer\">The bears are out on tech stocks.</p><p>Ives is particularly bullish on DocuSign, ZScaler, Microsoft, Salesforce and Nuance as plays on the move to the cloud.</p><p>Meanwhile, a historical look at tech valuations and economic growth support a bullish bias in tech names over a longer period of time.</p><p>\"Since 1947, the annualized excess outperformance of the technology sector has been 2.7% greater (i.e., 3.4% versus 0.7%) when real GDP growth was above average compared to when it was below average,\" points outThe Leuthold Group chief investment officer Jim Paulsen.</p><p>Paulsen — a long-time market historian — doesn't stop there in trying to make his case for tech.</p><p>He adds, \"Since 1950, tech stocks have thrived when the 10-year bond yield has been lower than 5%, beating the overall market by a 5.8% annualized pace and outpacing 61% of the time. For all quarters since 1947 when bond yields have increased, Tech stocks outperformed on average at a 4.9% annualized clip while trailing the overall stock market by an average annualized 1.8% during quarters when yields declined.\"</p><p>So hang in there tech investors — time and fundamentals are on your side.</p>","source":"lsy1584348713084","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>Investors really hate tech stocks right now— but should they?</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\">\nInvestors really hate tech stocks right now— but should they?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-18 22:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/investors-really-hate-tech-stocks-right-now-but-should-they-194148090.html><strong>yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There is no love for hot tech stocks right now, but strategists say eventually that will change because commonsense says it should change.Nevertheless, the lack of love for tech is growing palpable as...</p>\n\n<a href=\"https://finance.yahoo.com/news/investors-really-hate-tech-stocks-right-now-but-should-they-194148090.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/investors-really-hate-tech-stocks-right-now-but-should-they-194148090.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172934216","content_text":"There is no love for hot tech stocks right now, but strategists say eventually that will change because commonsense says it should change.Nevertheless, the lack of love for tech is growing palpable as positions areslashed amid the rise in 10-year yields and a rotation into value stocks.Fund managers cut their tech weighting to the lowest overweight position since January 2009,according to a new survey out this week from Bank of America. The survey found that while 34% of fund managers view being long tech as a crowded trade, the figure is sharp decline from the 80% polled in Sept. 20.The somewhat bearish assessment of tech on the Street reflects noticeable sell-offs in proven tech winners this past month.TheNYSE FANG+ Index— which tracks the performance of household name tech stocks such as Facebook, Apple and Tesla —has dropped 8% since hitting a record closing high on Feb. 17. Some individual tech sell-offs have been more jarring. Tesla shares are down 13% inside of a month, Salesforce is off 14% andZoom has shed 24%.\"At the core of the lingering tech bear thesis, high flying tech stocks are crowded names with broken technicals and no traditional valuation support,\" opinesWedbush tech analyst Dan Ives, who adds what traders are witnessing is a \"painful, brutal valuation digestion period.\"Painful indeed.Bullish bias in techBut there are longer term positive catalysts in play for tech stocks that could return to focus soon given cheaper valuations, strategists point out. The most obvious is the ongoing shift to the cloud. It's a transition that is only likely to intensify with corporate budgets loosening up post-pandemic and a pivot to hybrid workforces.\"Today we estimate 35% of workloads are on the cloud with a doubling of workloads on the cloud expected by 2023 across the enterprise landscape on an eye popping trajectory. While valuations will continue to be an emotional bull/bear debate, the fundamental growth on the horizon for these next generation technologies is unprecedented as this 4th Industrial Revolution begins to take hold,\" Ives contends.The bears are out on tech stocks.Ives is particularly bullish on DocuSign, ZScaler, Microsoft, Salesforce and Nuance as plays on the move to the cloud.Meanwhile, a historical look at tech valuations and economic growth support a bullish bias in tech names over a longer period of time.\"Since 1947, the annualized excess outperformance of the technology sector has been 2.7% greater (i.e., 3.4% versus 0.7%) when real GDP growth was above average compared to when it was below average,\" points outThe Leuthold Group chief investment officer Jim Paulsen.Paulsen — a long-time market historian — doesn't stop there in trying to make his case for tech.He adds, \"Since 1950, tech stocks have thrived when the 10-year bond yield has been lower than 5%, beating the overall market by a 5.8% annualized pace and outpacing 61% of the time. For all quarters since 1947 when bond yields have increased, Tech stocks outperformed on average at a 4.9% annualized clip while trailing the overall stock market by an average annualized 1.8% during quarters when yields declined.\"So hang in there tech investors — time and fundamentals are on your side.","news_type":1},"isVote":1,"tweetType":1,"viewCount":356,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9099277104,"gmtCreate":1643378698930,"gmtModify":1676533813203,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"Last chance to get out","listText":"Last chance to get out","text":"Last chance to get out","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9099277104","repostId":"1180058528","repostType":4,"repost":{"id":"1180058528","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1643377805,"share":"https://ttm.financial/m/news/1180058528?lang=&edition=fundamental","pubTime":"2022-01-28 21:50","market":"us","language":"en","title":"Pre-Bell｜Nasdaq Futures Turn Positive; Chevron Missed Bottom-Line Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1180058528","media":"Tiger Newspress","summary":"Nasdaq futures erased losses and turned positive on Friday after data showed the U.S. Federal Reserv","content":"<html><head></head><body><p>Nasdaq futures erased losses and turned positive on Friday after data showed the U.S. Federal Reserve&#39;s favored inflation gauge, the core personal consumption expenditure (PCE) price index, rose for the month of December in line with expectations.</p><p><b>Market Snapshot</b></p><p>At 8:48 a.m. ET, Dow e-minis were down 103 points, or 0.30%, S&amp;P 500 e-minis were down 6.75 points, or 0.16%, and Nasdaq 100 e-minis were up 20.5 points, or 0.15%.</p><p><img src=\"https://static.tigerbbs.com/62b285d4d2b68a0f14d0d72a34defe27\" tg-width=\"375\" tg-height=\"160\" referrerpolicy=\"no-referrer\"/></p><p><b>Pre-Market Movers</b></p><p>Caterpillar (CAT) – Caterpillar earned an adjusted $2.69 per share for the fourth quarter, beating the $2.26 consensus estimate, with revenue also coming in above analyst forecasts. The heavy equipment maker’s sales were up 23% from a year earlier despite supply chain constraints. However, increased costs weighed on Caterpillar’s profit margins and the stock slipped 1.4% in premarket trading.</p><p>Chevron (CVX) – Chevron slid 2.8% in the premarket after missing bottom-line estimates for the fourth quarter, although revenue exceeded analyst forecasts. Chevron earned an adjusted $2.56 per share, compared with a $3.12 consensus estimate, despite higher oil and gas prices.</p><p>VF Corp. (VFC) – The company behind North Face, Vans and other apparel brands saw its stock fall 2% in premarket trading after it cut its full-year sales forecast due to delivery delays and worker shortages. VF reported better-than-expected profit and revenue for its most recent quarter.</p><p>Apple (AAPL) – Apple reported record profit and revenue for its latest quarter, despite supply chain issues that cut into sales. Apple earned $2.10 per share, compared with a $1.89 consensus estimate, and revenue also topped Street forecasts. CEO Tim Cook said those supply chain challenges are showing signs of improvement. Apple shares jumped 3.1% in the premarket.</p><p>Visa (V) – Visa beat estimates by 11 cents with an adjusted quarterly profit of $1.81 per share. The payment network’s revenue also beat estimates. Visa was helped by a jump in travel spending and continued growth in e-commerce, with the company seeing quarterly revenue above $7 billion for the first time. Visa rallied 3.6% in premarket trading.</p><p>Mondelez (MDLZ) – Mondelez fell a penny short of analyst forecasts with adjusted quarterly earnings of 71 cents per share, though the snack maker’s revenue did beat estimates. Mondelez raised prices during the quarter, but it was not enough to make up for increased costs for ingredients and logistics. Mondelez slid 2.2% in premarket action.</p><p>Robinhood (HOOD) – Robinhood slumped 13% in the premarket after warning that current-quarter revenue could fall significantly from a year ago. The trading platform operator reported a quarterly loss of 49 cents per share, 4 cents wider than estimates, although revenue was slightly above analyst forecasts.</p><p>Western Digital (WDC) – Western Digital shares plunged 10.4% in premarket trading after the disk drive maker issued a weaker-than-expected outlook, and supply chain issues that prevented it from fully meeting strong demand. Western Digital did beat top and bottom-line estimates for its latest quarter, earning an adjusted $2.30 per share compared with a consensus estimate of $2.13.</p><p>3M (MMM) – 3M will appeal a ruling that awarded $110 million to two U.S. Army veterans who said they suffered hearing loss after using 3M’s combat earplugs. 3M has faced multiple lawsuits over allegations that the design of the earplugs is defective. The stock fell 1% in the premarket.</p><p>Beazer Homes (BZH) – Beazer Homes jumped 5.1% in premarket trading after beating top and bottom-line estimates for the quarter ending in December. Beazer earned $1.14 per share, well above the 67-cent consensus estimate, and said the housing market continues to see strong demand and limited supply</p><p><b>Market News</b></p><p>GogoX, the Hong Kong-based logistics startup, has won stock exchange approval for its planned initial public offering in the city, people with knowledge of the matter said.</p><p>DBS Group Holdings Ltd. agreed to buy Citigroup Inc.’s consumer banking assets in Taiwan, as Southeast Asia’s largest lender pushes ahead with plans to boost its regional presence.</p><p>Biogen is selling its stake in a pharmaceutical joint venture with the South Korean conglomerate Samsung for $2.3 billion, the company said Thursday, bolstering the drugmaker’s balance sheet.</p><p>Google will invest as much as $1 billion in India’s second-largest mobile phone operator, as firms race to offer inexpensive data and digital offerings in the only billion-people-plus market still open to foreign companies.</p><p>A federal jury on Thursday awarded $110 million to two U.S. Army veterans who said combat earplugs sold by 3M Co to the military caused them to suffer hearing damage, the largest verdict yet to result from hundreds of thousands of lawsuits over the product.</p><p>Warren Buffett is once again richer than Mark Zuckerberg, a reminder of the enduring power of his value-investing approach.</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>Pre-Bell｜Nasdaq Futures Turn Positive; Chevron Missed Bottom-Line Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPre-Bell｜Nasdaq Futures Turn Positive; Chevron Missed Bottom-Line Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-28 21:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nasdaq futures erased losses and turned positive on Friday after data showed the U.S. Federal Reserve&#39;s favored inflation gauge, the core personal consumption expenditure (PCE) price index, rose for the month of December in line with expectations.</p><p><b>Market Snapshot</b></p><p>At 8:48 a.m. ET, Dow e-minis were down 103 points, or 0.30%, S&amp;P 500 e-minis were down 6.75 points, or 0.16%, and Nasdaq 100 e-minis were up 20.5 points, or 0.15%.</p><p><img src=\"https://static.tigerbbs.com/62b285d4d2b68a0f14d0d72a34defe27\" tg-width=\"375\" tg-height=\"160\" referrerpolicy=\"no-referrer\"/></p><p><b>Pre-Market Movers</b></p><p>Caterpillar (CAT) – Caterpillar earned an adjusted $2.69 per share for the fourth quarter, beating the $2.26 consensus estimate, with revenue also coming in above analyst forecasts. The heavy equipment maker’s sales were up 23% from a year earlier despite supply chain constraints. However, increased costs weighed on Caterpillar’s profit margins and the stock slipped 1.4% in premarket trading.</p><p>Chevron (CVX) – Chevron slid 2.8% in the premarket after missing bottom-line estimates for the fourth quarter, although revenue exceeded analyst forecasts. Chevron earned an adjusted $2.56 per share, compared with a $3.12 consensus estimate, despite higher oil and gas prices.</p><p>VF Corp. (VFC) – The company behind North Face, Vans and other apparel brands saw its stock fall 2% in premarket trading after it cut its full-year sales forecast due to delivery delays and worker shortages. VF reported better-than-expected profit and revenue for its most recent quarter.</p><p>Apple (AAPL) – Apple reported record profit and revenue for its latest quarter, despite supply chain issues that cut into sales. Apple earned $2.10 per share, compared with a $1.89 consensus estimate, and revenue also topped Street forecasts. CEO Tim Cook said those supply chain challenges are showing signs of improvement. Apple shares jumped 3.1% in the premarket.</p><p>Visa (V) – Visa beat estimates by 11 cents with an adjusted quarterly profit of $1.81 per share. The payment network’s revenue also beat estimates. Visa was helped by a jump in travel spending and continued growth in e-commerce, with the company seeing quarterly revenue above $7 billion for the first time. Visa rallied 3.6% in premarket trading.</p><p>Mondelez (MDLZ) – Mondelez fell a penny short of analyst forecasts with adjusted quarterly earnings of 71 cents per share, though the snack maker’s revenue did beat estimates. Mondelez raised prices during the quarter, but it was not enough to make up for increased costs for ingredients and logistics. Mondelez slid 2.2% in premarket action.</p><p>Robinhood (HOOD) – Robinhood slumped 13% in the premarket after warning that current-quarter revenue could fall significantly from a year ago. The trading platform operator reported a quarterly loss of 49 cents per share, 4 cents wider than estimates, although revenue was slightly above analyst forecasts.</p><p>Western Digital (WDC) – Western Digital shares plunged 10.4% in premarket trading after the disk drive maker issued a weaker-than-expected outlook, and supply chain issues that prevented it from fully meeting strong demand. Western Digital did beat top and bottom-line estimates for its latest quarter, earning an adjusted $2.30 per share compared with a consensus estimate of $2.13.</p><p>3M (MMM) – 3M will appeal a ruling that awarded $110 million to two U.S. Army veterans who said they suffered hearing loss after using 3M’s combat earplugs. 3M has faced multiple lawsuits over allegations that the design of the earplugs is defective. The stock fell 1% in the premarket.</p><p>Beazer Homes (BZH) – Beazer Homes jumped 5.1% in premarket trading after beating top and bottom-line estimates for the quarter ending in December. Beazer earned $1.14 per share, well above the 67-cent consensus estimate, and said the housing market continues to see strong demand and limited supply</p><p><b>Market News</b></p><p>GogoX, the Hong Kong-based logistics startup, has won stock exchange approval for its planned initial public offering in the city, people with knowledge of the matter said.</p><p>DBS Group Holdings Ltd. agreed to buy Citigroup Inc.’s consumer banking assets in Taiwan, as Southeast Asia’s largest lender pushes ahead with plans to boost its regional presence.</p><p>Biogen is selling its stake in a pharmaceutical joint venture with the South Korean conglomerate Samsung for $2.3 billion, the company said Thursday, bolstering the drugmaker’s balance sheet.</p><p>Google will invest as much as $1 billion in India’s second-largest mobile phone operator, as firms race to offer inexpensive data and digital offerings in the only billion-people-plus market still open to foreign companies.</p><p>A federal jury on Thursday awarded $110 million to two U.S. Army veterans who said combat earplugs sold by 3M Co to the military caused them to suffer hearing damage, the largest verdict yet to result from hundreds of thousands of lawsuits over the product.</p><p>Warren Buffett is once again richer than Mark Zuckerberg, a reminder of the enduring power of his value-investing approach.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180058528","content_text":"Nasdaq futures erased losses and turned positive on Friday after data showed the U.S. Federal Reserve's favored inflation gauge, the core personal consumption expenditure (PCE) price index, rose for the month of December in line with expectations.Market SnapshotAt 8:48 a.m. ET, Dow e-minis were down 103 points, or 0.30%, S&P 500 e-minis were down 6.75 points, or 0.16%, and Nasdaq 100 e-minis were up 20.5 points, or 0.15%.Pre-Market MoversCaterpillar (CAT) – Caterpillar earned an adjusted $2.69 per share for the fourth quarter, beating the $2.26 consensus estimate, with revenue also coming in above analyst forecasts. The heavy equipment maker’s sales were up 23% from a year earlier despite supply chain constraints. However, increased costs weighed on Caterpillar’s profit margins and the stock slipped 1.4% in premarket trading.Chevron (CVX) – Chevron slid 2.8% in the premarket after missing bottom-line estimates for the fourth quarter, although revenue exceeded analyst forecasts. Chevron earned an adjusted $2.56 per share, compared with a $3.12 consensus estimate, despite higher oil and gas prices.VF Corp. (VFC) – The company behind North Face, Vans and other apparel brands saw its stock fall 2% in premarket trading after it cut its full-year sales forecast due to delivery delays and worker shortages. VF reported better-than-expected profit and revenue for its most recent quarter.Apple (AAPL) – Apple reported record profit and revenue for its latest quarter, despite supply chain issues that cut into sales. Apple earned $2.10 per share, compared with a $1.89 consensus estimate, and revenue also topped Street forecasts. CEO Tim Cook said those supply chain challenges are showing signs of improvement. Apple shares jumped 3.1% in the premarket.Visa (V) – Visa beat estimates by 11 cents with an adjusted quarterly profit of $1.81 per share. The payment network’s revenue also beat estimates. Visa was helped by a jump in travel spending and continued growth in e-commerce, with the company seeing quarterly revenue above $7 billion for the first time. Visa rallied 3.6% in premarket trading.Mondelez (MDLZ) – Mondelez fell a penny short of analyst forecasts with adjusted quarterly earnings of 71 cents per share, though the snack maker’s revenue did beat estimates. Mondelez raised prices during the quarter, but it was not enough to make up for increased costs for ingredients and logistics. Mondelez slid 2.2% in premarket action.Robinhood (HOOD) – Robinhood slumped 13% in the premarket after warning that current-quarter revenue could fall significantly from a year ago. The trading platform operator reported a quarterly loss of 49 cents per share, 4 cents wider than estimates, although revenue was slightly above analyst forecasts.Western Digital (WDC) – Western Digital shares plunged 10.4% in premarket trading after the disk drive maker issued a weaker-than-expected outlook, and supply chain issues that prevented it from fully meeting strong demand. Western Digital did beat top and bottom-line estimates for its latest quarter, earning an adjusted $2.30 per share compared with a consensus estimate of $2.13.3M (MMM) – 3M will appeal a ruling that awarded $110 million to two U.S. Army veterans who said they suffered hearing loss after using 3M’s combat earplugs. 3M has faced multiple lawsuits over allegations that the design of the earplugs is defective. The stock fell 1% in the premarket.Beazer Homes (BZH) – Beazer Homes jumped 5.1% in premarket trading after beating top and bottom-line estimates for the quarter ending in December. Beazer earned $1.14 per share, well above the 67-cent consensus estimate, and said the housing market continues to see strong demand and limited supplyMarket NewsGogoX, the Hong Kong-based logistics startup, has won stock exchange approval for its planned initial public offering in the city, people with knowledge of the matter said.DBS Group Holdings Ltd. agreed to buy Citigroup Inc.’s consumer banking assets in Taiwan, as Southeast Asia’s largest lender pushes ahead with plans to boost its regional presence.Biogen is selling its stake in a pharmaceutical joint venture with the South Korean conglomerate Samsung for $2.3 billion, the company said Thursday, bolstering the drugmaker’s balance sheet.Google will invest as much as $1 billion in India’s second-largest mobile phone operator, as firms race to offer inexpensive data and digital offerings in the only billion-people-plus market still open to foreign companies.A federal jury on Thursday awarded $110 million to two U.S. Army veterans who said combat earplugs sold by 3M Co to the military caused them to suffer hearing damage, the largest verdict yet to result from hundreds of thousands of lawsuits over the product.Warren Buffett is once again richer than Mark Zuckerberg, a reminder of the enduring power of his value-investing approach.","news_type":1},"isVote":1,"tweetType":1,"viewCount":397,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371040032,"gmtCreate":1618895417226,"gmtModify":1704716508727,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"I got a seizure everytime I look at my portfolio&nbsp;","listText":"I got a seizure everytime I look at my portfolio&nbsp;","text":"I got a seizure everytime I look at my portfolio","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371040032","repostId":"1149811397","repostType":4,"repost":{"id":"1149811397","kind":"news","pubTimestamp":1618893361,"share":"https://ttm.financial/m/news/1149811397?lang=&edition=fundamental","pubTime":"2021-04-20 12:36","market":"us","language":"en","title":"The Market Has Been Forgiving for Way Too Long","url":"https://stock-news.laohu8.com/highlight/detail?id=1149811397","media":"The Street","summary":"At some point, the momentum and frothy traders will return, but the current action should be a solid","content":"<blockquote>At some point, the momentum and frothy traders will return, but the current action should be a solid lesson.</blockquote><p>Stocks quotes in this article:DFLYF</p><p>If you haven't realized it already, the recent shift of the market will put convictions to test. Remember that small-cap or momentum stock you loved a few weeks ago? Do you love it more down 20% or 30% or are you hitting eject?</p><p>We feel like we're trapped in a death by a thousand papercuts trading environment. While indexes are near highs, my momentum watchlists have bled lower a considerable amount. This is when a question of conviction comes into play. Do you not only know what you own but why you own it?</p><p>The market has been forgiving for way too long. When you can get bailed out of a bad purchase simply because everything else rallied around it, you develop bad habits. You buy tickers instead of companies. That's fine when you are trading, not so much if you're holding.</p><p>I know I'm getting beat up on many of my small and midcap holdings, but I'm not losing sleep over it. Do I get a bit annoyed watching the bleed? Of course. That's natural. But I won't pull the plug unless the story changes. Much of that revolves around the market as a whole. Most of my small picks that are getting beat up are just a half-dozen of thousands that have gotten slammed. They aren't down because something in their business misfired. They are lower because the risk appetite for the market has shifted away from entire sectors and market cap sizes.</p><p>It's possible I'll add as we continue to fall. Fortunately, I haven't leveraged anything to own the names. Could I watch them go to zero and not have my life altered? Yes and no. Financially, I could still pay my bills and continue my same lifestyle. Emotionally, I'll kick myself if I ride anything to zero. That means I missed a change in the story, or worse, ignored it.</p><p>However, when I look at a small name like Draganfly (DFLYF) , a company that reported earnings over the weekend, I see they grew revenues over 200%, hit the target range of their forecasts, have a run rate that points to another 200%-300% revenue gains for 2021, and continues to execute. Despite this, shares have been cut in half over the past six weeks. Nothing changed in terms of the story or the financial models, so I'm only a seller here if technicals are my driving factors. Rarely, if ever, do I let technicals drive the bus for a small or microcap stock that I plan to hold for months or years.</p><p>At some point, the momentum and frothy traders will return, but the current action should be a solid lesson. You'll likely need itchy trigger fingers on the sell side. If you're going to buy names without a disciplined stop, then make sure you're buying stories you believe in and you follow those stories closely. When they change, you need to be ready to bail and if the stocks get unfairly beaten, then you should be ready to add.</p>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Market Has Been Forgiving for Way Too Long</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Market Has Been Forgiving for Way Too Long\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-20 12:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://realmoney.thestreet.com/investing/the-market-has-been-forgiving-for-way-too-long-15628221><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>At some point, the momentum and frothy traders will return, but the current action should be a solid lesson.Stocks quotes in this article:DFLYFIf you haven't realized it already, the recent shift of ...</p>\n\n<a href=\"https://realmoney.thestreet.com/investing/the-market-has-been-forgiving-for-way-too-long-15628221\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://realmoney.thestreet.com/investing/the-market-has-been-forgiving-for-way-too-long-15628221","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149811397","content_text":"At some point, the momentum and frothy traders will return, but the current action should be a solid lesson.Stocks quotes in this article:DFLYFIf you haven't realized it already, the recent shift of the market will put convictions to test. Remember that small-cap or momentum stock you loved a few weeks ago? Do you love it more down 20% or 30% or are you hitting eject?We feel like we're trapped in a death by a thousand papercuts trading environment. While indexes are near highs, my momentum watchlists have bled lower a considerable amount. This is when a question of conviction comes into play. Do you not only know what you own but why you own it?The market has been forgiving for way too long. When you can get bailed out of a bad purchase simply because everything else rallied around it, you develop bad habits. You buy tickers instead of companies. That's fine when you are trading, not so much if you're holding.I know I'm getting beat up on many of my small and midcap holdings, but I'm not losing sleep over it. Do I get a bit annoyed watching the bleed? Of course. That's natural. But I won't pull the plug unless the story changes. Much of that revolves around the market as a whole. Most of my small picks that are getting beat up are just a half-dozen of thousands that have gotten slammed. They aren't down because something in their business misfired. They are lower because the risk appetite for the market has shifted away from entire sectors and market cap sizes.It's possible I'll add as we continue to fall. Fortunately, I haven't leveraged anything to own the names. Could I watch them go to zero and not have my life altered? Yes and no. Financially, I could still pay my bills and continue my same lifestyle. Emotionally, I'll kick myself if I ride anything to zero. That means I missed a change in the story, or worse, ignored it.However, when I look at a small name like Draganfly (DFLYF) , a company that reported earnings over the weekend, I see they grew revenues over 200%, hit the target range of their forecasts, have a run rate that points to another 200%-300% revenue gains for 2021, and continues to execute. Despite this, shares have been cut in half over the past six weeks. Nothing changed in terms of the story or the financial models, so I'm only a seller here if technicals are my driving factors. Rarely, if ever, do I let technicals drive the bus for a small or microcap stock that I plan to hold for months or years.At some point, the momentum and frothy traders will return, but the current action should be a solid lesson. You'll likely need itchy trigger fingers on the sell side. If you're going to buy names without a disciplined stop, then make sure you're buying stories you believe in and you follow those stories closely. When they change, you need to be ready to bail and if the stocks get unfairly beaten, then you should be ready to add.","news_type":1},"isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9030489607,"gmtCreate":1645784536170,"gmtModify":1676534064019,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"A new fantastic point of view","listText":"A new fantastic point of view","text":"A new fantastic point of view","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030489607","repostId":"1184173485","repostType":2,"repost":{"id":"1184173485","kind":"news","pubTimestamp":1645749665,"share":"https://ttm.financial/m/news/1184173485?lang=&edition=fundamental","pubTime":"2022-02-25 08:41","market":"us","language":"en","title":"NIO Is Entering Into a Whole New World","url":"https://stock-news.laohu8.com/highlight/detail?id=1184173485","media":"investorplace","summary":"Well, we may be out of the pandemic and riding the big wave of sector rotation, but few of us predicted that Russia would invade Ukraine and turn the energy market and the stock markets upside down as","content":"<html><head></head><body><p>Well, we may be out of the pandemic and riding the big wave of sector rotation, but few of us predicted that Russia would invade Ukraine and turn the energy market and the stock markets upside down as well. But all this may well be to NIO (NYSE:NIO) stock’s advantage.</p><p>Yes, NIO is trading near its 52-week lows and it may head a bit lower given all the craziness in the markets right now. But one thing is certain: rising energy prices are going to make EVs even more interesting to prospective buyers than they were a few months ago.</p><p>The challenge has been deciding which EV makers to buy. I’m talking new EV makers here. Certainly, Tesla (NASDAQ:TSLA) remains a go-to electric vehicle (EV) stock for most investors wading into the sector.</p><p>But for my dollar, there are some newcomers that are doing very well and are finally coming down to prices – and market caps – that make them slightly more attractive.</p><h2>NIO Stock Is Still Getting Love</h2><p>I’ve written a fair amount of columns on EV stocks out there. And the one thing I have said for at least a year or more is that they were way too expensive.</p><p>To me, the frenzied pace of buying anything that was shiny – meme stocks, crypto and stable coins, EVs, etc. – is a sure sign that the market is getting toppy. The trouble is, with new investors joining the frey, they don’t know that it takes a while to actually hit a top.</p><p>Things get increasingly frothy until something materially changes.</p><p>The good times were built off of the low-interest rate, low-growth economy we have been living in for 14 years now. And it wasn’t just the Federal Reserve. Central banks around the world were doing the same thing.</p><p>That led Wall Street to figure out how to play the game to its advantage. And it did.</p><p>But as things started to get overheated with all the pandemic stimulus money sloshing around, Wall Street knew the hot sectors with massive market caps and matching price-to-earnings (P/E) – if the stocks even had earnings for P/Es – was coming to an end.</p><p>Real companies with real earnings were back. And so were bonds. Stocks are no longer the only game in town.</p><h2>Blue Sky Coming</h2><p>For EV companies like NIO, that actually wasn’t such a bad thing. NIO has been making cars and selling them at a brisk clip. It delivered more than 91,000 vehicles last year.</p><p>And recently, the second largest U.S. pension fund bought NIO stock. That isn’t an aggressive hedge fund or tech-focused mutual fund. It’s a conservative hedge fund with more than $325 billion in assets.</p><p>Ironically, NIO vehicles aren’t even sold in the U.S. They’re a premium Chinese car company selling to the Chinese market, at least for now. By the way, its name translates to “blue sky coming,” which is pretty appropriate for where NIO stock is right now.</p><p>The status of fancy European and U.S. cars won’t hold much cache as the Chinese auto industry introduces its own vehicles that have comparable fit, finish, build and performance qualities.</p><p>What’s more, the Chinese government has a vested interest to see its burgeoning car makers succeed, especially the EVs.</p><p>Good EV companies are now on the shopping list of funds and institutions that are looking for ESG stocks. And that will keep NIO stock on plenty of lists.</p><h2>A Bad Year Is Good News</h2><p>In the past 12 months, NIO stock has lost almost 57%. It has lost 50% in the past three months.</p><p>Granted, it still has a $34 billion market cap. And it may have further to fall.</p><p>But at this point, it’s at a place where if you get in and it continues to lose ground, it will likely make it up in the next year or two.</p><p>That may sound like a bold statement given the surprises we continue to live through. But if things stay relatively sane, NIO stock is a decent long-term holding at this point. But you still might want to buy in one piece at a time.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO Is Entering Into a Whole New World</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO Is Entering Into a Whole New World\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-25 08:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/02/nio-is-entering-into-a-whole-new-world/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Well, we may be out of the pandemic and riding the big wave of sector rotation, but few of us predicted that Russia would invade Ukraine and turn the energy market and the stock markets upside down as...</p>\n\n<a href=\"https://investorplace.com/2022/02/nio-is-entering-into-a-whole-new-world/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2022/02/nio-is-entering-into-a-whole-new-world/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184173485","content_text":"Well, we may be out of the pandemic and riding the big wave of sector rotation, but few of us predicted that Russia would invade Ukraine and turn the energy market and the stock markets upside down as well. But all this may well be to NIO (NYSE:NIO) stock’s advantage.Yes, NIO is trading near its 52-week lows and it may head a bit lower given all the craziness in the markets right now. But one thing is certain: rising energy prices are going to make EVs even more interesting to prospective buyers than they were a few months ago.The challenge has been deciding which EV makers to buy. I’m talking new EV makers here. Certainly, Tesla (NASDAQ:TSLA) remains a go-to electric vehicle (EV) stock for most investors wading into the sector.But for my dollar, there are some newcomers that are doing very well and are finally coming down to prices – and market caps – that make them slightly more attractive.NIO Stock Is Still Getting LoveI’ve written a fair amount of columns on EV stocks out there. And the one thing I have said for at least a year or more is that they were way too expensive.To me, the frenzied pace of buying anything that was shiny – meme stocks, crypto and stable coins, EVs, etc. – is a sure sign that the market is getting toppy. The trouble is, with new investors joining the frey, they don’t know that it takes a while to actually hit a top.Things get increasingly frothy until something materially changes.The good times were built off of the low-interest rate, low-growth economy we have been living in for 14 years now. And it wasn’t just the Federal Reserve. Central banks around the world were doing the same thing.That led Wall Street to figure out how to play the game to its advantage. And it did.But as things started to get overheated with all the pandemic stimulus money sloshing around, Wall Street knew the hot sectors with massive market caps and matching price-to-earnings (P/E) – if the stocks even had earnings for P/Es – was coming to an end.Real companies with real earnings were back. And so were bonds. Stocks are no longer the only game in town.Blue Sky ComingFor EV companies like NIO, that actually wasn’t such a bad thing. NIO has been making cars and selling them at a brisk clip. It delivered more than 91,000 vehicles last year.And recently, the second largest U.S. pension fund bought NIO stock. That isn’t an aggressive hedge fund or tech-focused mutual fund. It’s a conservative hedge fund with more than $325 billion in assets.Ironically, NIO vehicles aren’t even sold in the U.S. They’re a premium Chinese car company selling to the Chinese market, at least for now. By the way, its name translates to “blue sky coming,” which is pretty appropriate for where NIO stock is right now.The status of fancy European and U.S. cars won’t hold much cache as the Chinese auto industry introduces its own vehicles that have comparable fit, finish, build and performance qualities.What’s more, the Chinese government has a vested interest to see its burgeoning car makers succeed, especially the EVs.Good EV companies are now on the shopping list of funds and institutions that are looking for ESG stocks. And that will keep NIO stock on plenty of lists.A Bad Year Is Good NewsIn the past 12 months, NIO stock has lost almost 57%. It has lost 50% in the past three months.Granted, it still has a $34 billion market cap. And it may have further to fall.But at this point, it’s at a place where if you get in and it continues to lose ground, it will likely make it up in the next year or two.That may sound like a bold statement given the surprises we continue to live through. But if things stay relatively sane, NIO stock is a decent long-term holding at this point. But you still might want to buy in one piece at a time.","news_type":1},"isVote":1,"tweetType":1,"viewCount":744,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9093700770,"gmtCreate":1643697197086,"gmtModify":1676533845836,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"Fool's article&nbsp;","listText":"Fool's article&nbsp;","text":"Fool's article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9093700770","repostId":"2207822223","repostType":2,"isVote":1,"tweetType":1,"viewCount":363,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340882043,"gmtCreate":1617372303082,"gmtModify":1704699274785,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"Motley fool? lol","listText":"Motley fool? lol","text":"Motley fool? lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/340882043","repostId":"1191998262","repostType":4,"repost":{"id":"1191998262","kind":"news","pubTimestamp":1617366158,"share":"https://ttm.financial/m/news/1191998262?lang=&edition=fundamental","pubTime":"2021-04-02 20:22","market":"us","language":"en","title":"How Likely Is a Stock Market Crash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1191998262","media":"Motley Fool","summary":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-b","content":"<blockquote>\n You may not like the answer.\n</blockquote>\n<p>For the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmark<b>S&amp;P 500</b>(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.</p>\n<p>But there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.</p>\n<p>It begs the question: How likely is astock market crash? Let's take a closer look.</p>\n<p><b>Double-digit declines occur every 1.87 years, on average</b></p>\n<p>To begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&amp;P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&amp;P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.</p>\n<p>However, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.</p>\n<p>We could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.</p>\n<p><b>Corrections have been an historical given within three years of a bear market bottom</b></p>\n<p>Another interesting piece of evidence to examine is the frequency by which the S&amp;P 500 corrects after hitting a bear-market bottom.</p>\n<p>Since the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).</p>\n<p>Put another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.</p>\n<p><b>Crashes frequently occur when this valuation metric is hit</b></p>\n<p>But the most damning bit of evidence might just be the S&amp;P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.</p>\n<p>As of the close of business on March 30, the S&amp;P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.</p>\n<p>To some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.</p>\n<p>However, previous instances of the S&amp;P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.</p>\n<p><b>Keep that cash handy in the event that opportunity knocks</b></p>\n<p>To circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.</p>\n<p>While this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.</p>\n<p>The reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&amp;P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&amp;P 500 been negative.</p>\n<p>If you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&amp;P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.</p>","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>How Likely Is a Stock Market Crash?</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\">\nHow Likely Is a Stock Market Crash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191998262","content_text":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.\nBut there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.\nIt begs the question: How likely is astock market crash? Let's take a closer look.\nDouble-digit declines occur every 1.87 years, on average\nTo begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.\nHowever, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.\nWe could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.\nCorrections have been an historical given within three years of a bear market bottom\nAnother interesting piece of evidence to examine is the frequency by which the S&P 500 corrects after hitting a bear-market bottom.\nSince the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).\nPut another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.\nCrashes frequently occur when this valuation metric is hit\nBut the most damning bit of evidence might just be the S&P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.\nAs of the close of business on March 30, the S&P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.\nTo some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.\nHowever, previous instances of the S&P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.\nKeep that cash handy in the event that opportunity knocks\nTo circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.\nWhile this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.\nThe reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&P 500 been negative.\nIf you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":356,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9014099067,"gmtCreate":1649560523159,"gmtModify":1676534530752,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"k//<a href=\"https://laohu8.com/U/3569809505691000\">@breAkdaWn</a>:Novax should realise that it's no longer an emergency. For three years they still developing vaccine for emergency use? By now, if they were 3 earnest in healing .&nbsp;should come out with full healing","listText":"k//<a href=\"https://laohu8.com/U/3569809505691000\">@breAkdaWn</a>:Novax should realise that it's no longer an emergency. For three years they still developing vaccine for emergency use? By now, if they were 3 earnest in healing .&nbsp;should come out with full healing","text":"k//@breAkdaWn:Novax should realise that it's no longer an emergency. For three years they still developing vaccine for emergency use? By now, if they were 3 earnest in healing . should come out with full healing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9014099067","repostId":"2226520068","repostType":4,"repost":{"id":"2226520068","kind":"highlight","pubTimestamp":1649560063,"share":"https://ttm.financial/m/news/2226520068?lang=&edition=fundamental","pubTime":"2022-04-10 11:07","market":"us","language":"en","title":"Why Novavax Stock Dropped 23.6% This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2226520068","media":"Motley Fool","summary":"The company is still waiting for the FDA to give Emergency Use Authorization for its COVID-19 vaccine.","content":"<html><head></head><body><h2>What happened</h2><p>Shares of biotech company <b>Novavax</b> plummeted by 23.6% this week, according to data from S&amp;P Global Market Intelligence. The stock opened on Monday at $74.98 and rose to as high as $75 on Tuesday before it began to plummet. It sunk to a new 52-week low of $56.80 in the early afternoon on Thursday.</p><h2>So what</h2><p>It&#39;s becoming clear that Novavax is falling behind its peers in its ongoing efforts to get an Emergency Use Authorization (EAU) for its COVID-19 vaccine to be used as a booster shot in the U.S.</p><p>On March 29, the Food and Drug Administration (FDA) amended the EUAs for the mRNA COVID-19 vaccines produced by <b>Moderna</b> and the <b>Pfizer</b>-<b>BioNTech </b>partnership to allow second booster shots to be given to individuals 50 and over and to people who are immunocompromised.</p><p>Novavax&#39;s vaccine, NVX-CoV2373, is protein-based, not mRNA-based, and has been approved already in 35 countries, including Australia, Canada, Great Britain, and all of the members of the European Union -- but not in the U.S. The concern among investors is that by the time Novavax does get U.S. approval for its vaccine, the potential market for the shot here will have shrunk considerably.</p><p>Part of the problem is that Novavax didn&#39;t complete its U.S. EAU request until Jan. 31. Given the delays that have stalled its vaccine approval here, it may be too late to catch up.</p><h2>Now what</h2><p>It&#39;s not all bad news. The company sold plenty of vaccines elsewhere. Last year, thanks mostly to its COVID-19 vaccine, the company reported sales of $1.1 billion, up from $476 million in 2020. However, its sales in the fourth quarter slowed year over year to $222 million compared to $280 million in the prior-year period. For the year, the company had a net loss of $1.7 billion compared to a loss of $418 million in 2020. In Q4, it reported a loss of $846 million, compared to a loss of $178 million in the same period in 2020.</p><p>Management says it expects the biotech company to finally turn things around this year, guiding for 2022 revenue in the $4 billion to $5 billion range.</p><p>Based on management&#39;s outlook, the stock is trading at a forward price-to-earnings ratio of 2.78, so if it hits its targets, investors should look back on today&#39;s share prices as a great bargain. The question is, given its late start in the U.S., can the company achieve those results purely from international sales?</p><p>In the short term, the stock was already bouncing back a little on Friday, but much of that likely reflects the fact that it had dropped to a new 52-week low the day before.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Novavax Stock Dropped 23.6% This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Novavax Stock Dropped 23.6% This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-10 11:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/04/08/why-novavax-stock-dropped-236-this-week/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of biotech company Novavax plummeted by 23.6% this week, according to data from S&P Global Market Intelligence. The stock opened on Monday at $74.98 and rose to as high as $75 on ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/08/why-novavax-stock-dropped-236-this-week/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVAX":"诺瓦瓦克斯医药"},"source_url":"https://www.fool.com/investing/2022/04/08/why-novavax-stock-dropped-236-this-week/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2226520068","content_text":"What happenedShares of biotech company Novavax plummeted by 23.6% this week, according to data from S&P Global Market Intelligence. The stock opened on Monday at $74.98 and rose to as high as $75 on Tuesday before it began to plummet. It sunk to a new 52-week low of $56.80 in the early afternoon on Thursday.So whatIt's becoming clear that Novavax is falling behind its peers in its ongoing efforts to get an Emergency Use Authorization (EAU) for its COVID-19 vaccine to be used as a booster shot in the U.S.On March 29, the Food and Drug Administration (FDA) amended the EUAs for the mRNA COVID-19 vaccines produced by Moderna and the Pfizer-BioNTech partnership to allow second booster shots to be given to individuals 50 and over and to people who are immunocompromised.Novavax's vaccine, NVX-CoV2373, is protein-based, not mRNA-based, and has been approved already in 35 countries, including Australia, Canada, Great Britain, and all of the members of the European Union -- but not in the U.S. The concern among investors is that by the time Novavax does get U.S. approval for its vaccine, the potential market for the shot here will have shrunk considerably.Part of the problem is that Novavax didn't complete its U.S. EAU request until Jan. 31. Given the delays that have stalled its vaccine approval here, it may be too late to catch up.Now whatIt's not all bad news. The company sold plenty of vaccines elsewhere. Last year, thanks mostly to its COVID-19 vaccine, the company reported sales of $1.1 billion, up from $476 million in 2020. However, its sales in the fourth quarter slowed year over year to $222 million compared to $280 million in the prior-year period. For the year, the company had a net loss of $1.7 billion compared to a loss of $418 million in 2020. In Q4, it reported a loss of $846 million, compared to a loss of $178 million in the same period in 2020.Management says it expects the biotech company to finally turn things around this year, guiding for 2022 revenue in the $4 billion to $5 billion range.Based on management's outlook, the stock is trading at a forward price-to-earnings ratio of 2.78, so if it hits its targets, investors should look back on today's share prices as a great bargain. The question is, given its late start in the U.S., can the company achieve those results purely from international sales?In the short term, the stock was already bouncing back a little on Friday, but much of that likely reflects the fact that it had dropped to a new 52-week low the day before.","news_type":1},"isVote":1,"tweetType":1,"viewCount":568,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9032990772,"gmtCreate":1647253411815,"gmtModify":1676534208069,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"Gaming crypto","listText":"Gaming crypto","text":"Gaming crypto","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9032990772","repostId":"1120808092","repostType":2,"repost":{"id":"1120808092","kind":"news","pubTimestamp":1647250347,"share":"https://ttm.financial/m/news/1120808092?lang=&edition=fundamental","pubTime":"2022-03-14 17:32","market":"us","language":"en","title":"2 Metaverse Stocks to Buy Hand Over Fist and 1 to Avoid Like the Plague","url":"https://stock-news.laohu8.com/highlight/detail?id=1120808092","media":"Motley Fool","summary":"The metaverse could be an up to $30 trillion opportunity, but not every company will be a winner.Tho","content":"<html><head></head><body><p>The metaverse could be an up to $30 trillion opportunity, but not every company will be a winner.</p><p>Though there are no shortage of high-growth trends for investors to choose from, none appears to offer more potential than themetaverse.</p><p>In simple terms, the metaverse is the next iteration of the internet. It&#39;ll allow users to interact with their surroundings and each other in 3D virtual worlds. Aside from providing entertainment, these virtual worlds represents brand-new ecosystems that can be monetized in a variety of ways. In addition to payments within these virtual landscapes, there&#39;s the processing, storage, latency, digital identity/verification, and so on, that needs to be addressed to make the metaverse work.</p><p>The estimated market value of the metaverse varies wildly. Matthew Ball, CEO of venture capital company Epyllion, believes the metaverse grows into a $10 trillion to $30 trillion market within 10 to 15 years. Meanwhile, <b>Morgan Stanley</b> foresees the metaverse being worth $8 trillion in China alone.</p><p>These lofty dollar figures signal an enormous opportunity for investors. But it&#39;s important to recognize that not every company is going to be a winner. Below are two metaverse stocks (of varying risk levels) that can be bought hand over fist, as well as one for investors to avoid like the plague.</p><p><b>The first metaverse stock to buy hand over fist: Microsoft</b></p><p>While it&#39;s not a selection that&#39;ll win any awards for originality, tech giant <b>Microsoft</b> is the first metaverse stock investors can confidently buy hand over fist. In my view, Microsoft has three catalysts that make it one of the smartest stocks to take advantage of metaverse growth.</p><p>To start with, there&#39;s the elephant in the room: the company&#39;s January-announced $68.7 billion all-cash acquisition of interactive gaming company <b>Activision Blizzard</b>.  On top of acquiring Activision&#39;s numerous well-known gaming franchises (<i>Warcraft</i>,<i>Call of Duty</i>, and <i>Candy Crush</i>), this deal is about Microsoft democratizing the game-building process and expanding the metaverse beyond gaming. Even though Microsoft CEO Satya Nadella isn&#39;t entirely certain what the definition of &#34;metaverse&#34; will pertain to, he does believe it&#39;ll represent a &#34;collection of communities and individual identities anchored in strong content franchises accessible on every device.&#34;</p><p>Secondly, Microsoft&#39;sroots to the metaverse were planted well ahead of the Activision Blizzard buyout announcement. As an example, Microsoft has been developing mixed-reality headsets for more than a half-decade. It&#39;s currently working on the third generation of its HoloLens headset, which, according to TheVerge.com, may be used by the U.S. Army for life-like mixed reality training.  With mixed reality and virtual reality headsets being the initial gateway to the metaverse, Microsoft looks to be one of the few companies in position to thrive.</p><p>The third catalyst is simply Microsoft&#39;senormous operating cash flow. Thanks to rapid growth from cloud infrastructure service Azure, and exceptionally high margins and stable demand from its Windows and Office franchises, Microsoft brought in $83.9 billion in operating cash flow over the trailing 12 months. This gives the company an abundance of capital, and quite the buffer, to invest aggressively in the metaverse.</p><p><b>The second metaverse stock to buy hand over fist: Fastly</b></p><p>For investors with a considerably stronger stomach for risk (and reward),<b>Fastly</b> is the second metaverse stock that can be bought hand over fist.</p><p>The metaverse is going to take many years to develop, which means there are a number of moving parts that extend well beyond mixed reality and virtual reality headsets. Fastly is one of the better-known content delivery networks (CDNs). It&#39;s responsible for delivering content from the edge of the cloud to its destination as quickly and securely as possible. In other words, its task within the metaverse will be to reduce latency. When an action is taken within a virtual environment, Fastly will ensure there&#39;s as little delay as possible in processing that action.</p><p>We&#39;ve already witnessed plenty of evidence that Fastly&#39;s CDN is a popular and trusted solution. Over the past year, the company&#39;s total customer count rose to more than 2,800 from less than 2,400, while the number of enterprise customers jumped to 445 from around 380. This latter increase is particularly important, as it demonstrates enterprise clients have looked past a network outage in June 2021.</p><p>Additionally, Fastly&#39;s dollar-based net expansion rate of 121% in the fourth quarter of 2021 signals that its existing customers are increasing their spending (in this case by 21% from the prior-year period). That&#39;s good news for Fastly&#39;s usage-based platform.</p><p>What investors have to be mindful of areFastly&#39;s near-term losses, which have consistently come in larger than expected. However, with the company expected to pare back its marketing expenses in 2022, wider-than-anticipated losses could be a thing of the past.</p><p>There&#39;s no denying Fastly&#39;s potential, but investors will have to be patient if they want to realize a big payday.</p><p><b>The metaverse stock to avoid like the plague: Coinbase Global</b></p><p>On the other side of the coin,cryptocurrency exchange and ecosystem <b>Coinbase Global</b> is a metaverse stock I believe investors can avoid like the plague.</p><p>Coinbase looks to have two pathways to relevance in the metaverse. First, it&#39;s the most-popular platform to buy and sell digital currencies -- and blockchain-tethered tokens have proved essential in the early stages of the metaverse.</p><p>Secondly, Coinbase sees itself as providing &#34;an identity on-ramp into the metaverse.&#34; Similar to Nadella&#39;s thinking, Coinbase believes the metaverse will be a collection of communities that&#39;ll be linked together. Coinbase is working on creating non-fungible token(NFT)-based identity tags that&#39;ll be used to move seamlessly from one metaverse to another.</p><p>Beyond the metaverse, Coinbase has executed well. The company ended 2021 with 11.4 million monthly transacting users, and it recorded a jaw-dropping $3.62 billion in full-year net income. That was up more than tenfold from the previous year.</p><p>But there also look to be fatal flaws with Coinbase&#39;s operating model. For instance, the barrier to entry for cryptocurrency exchanges is relatively low. We&#39;ve already watched trading commissions for online stock brokerages race to $0. My suspicion is we&#39;ll witness similar pricing competition in the cryptocurrency space, which will erode Coinbase&#39;s margins over time.</p><p>The other substantial issue with Coinbase is that its trading platform is heavily reliant on <b>Bitcoin</b> and <b>Ethereum</b>. Unless this dynamic duo is consistently heading higher, interest in crypto investing tends to suffer through big ebbs and flows. The point being that the emotions of crypto investors, rather than Coinbase&#39;s innovation(s), are what&#39;s driving this company.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Metaverse Stocks to Buy Hand Over Fist and 1 to Avoid Like the Plague</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Metaverse Stocks to Buy Hand Over Fist and 1 to Avoid Like the Plague\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-14 17:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/03/14/2-metaverse-stocks-to-buy-1-to-avoid-like-plague/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The metaverse could be an up to $30 trillion opportunity, but not every company will be a winner.Though there are no shortage of high-growth trends for investors to choose from, none appears to offer ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/03/14/2-metaverse-stocks-to-buy-1-to-avoid-like-plague/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FSLY":"Fastly, Inc.","MSFT":"微软","COIN":"Coinbase Global, Inc."},"source_url":"https://www.fool.com/investing/2022/03/14/2-metaverse-stocks-to-buy-1-to-avoid-like-plague/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120808092","content_text":"The metaverse could be an up to $30 trillion opportunity, but not every company will be a winner.Though there are no shortage of high-growth trends for investors to choose from, none appears to offer more potential than themetaverse.In simple terms, the metaverse is the next iteration of the internet. It'll allow users to interact with their surroundings and each other in 3D virtual worlds. Aside from providing entertainment, these virtual worlds represents brand-new ecosystems that can be monetized in a variety of ways. In addition to payments within these virtual landscapes, there's the processing, storage, latency, digital identity/verification, and so on, that needs to be addressed to make the metaverse work.The estimated market value of the metaverse varies wildly. Matthew Ball, CEO of venture capital company Epyllion, believes the metaverse grows into a $10 trillion to $30 trillion market within 10 to 15 years. Meanwhile, Morgan Stanley foresees the metaverse being worth $8 trillion in China alone.These lofty dollar figures signal an enormous opportunity for investors. But it's important to recognize that not every company is going to be a winner. Below are two metaverse stocks (of varying risk levels) that can be bought hand over fist, as well as one for investors to avoid like the plague.The first metaverse stock to buy hand over fist: MicrosoftWhile it's not a selection that'll win any awards for originality, tech giant Microsoft is the first metaverse stock investors can confidently buy hand over fist. In my view, Microsoft has three catalysts that make it one of the smartest stocks to take advantage of metaverse growth.To start with, there's the elephant in the room: the company's January-announced $68.7 billion all-cash acquisition of interactive gaming company Activision Blizzard.  On top of acquiring Activision's numerous well-known gaming franchises (Warcraft,Call of Duty, and Candy Crush), this deal is about Microsoft democratizing the game-building process and expanding the metaverse beyond gaming. Even though Microsoft CEO Satya Nadella isn't entirely certain what the definition of \"metaverse\" will pertain to, he does believe it'll represent a \"collection of communities and individual identities anchored in strong content franchises accessible on every device.\"Secondly, Microsoft'sroots to the metaverse were planted well ahead of the Activision Blizzard buyout announcement. As an example, Microsoft has been developing mixed-reality headsets for more than a half-decade. It's currently working on the third generation of its HoloLens headset, which, according to TheVerge.com, may be used by the U.S. Army for life-like mixed reality training.  With mixed reality and virtual reality headsets being the initial gateway to the metaverse, Microsoft looks to be one of the few companies in position to thrive.The third catalyst is simply Microsoft'senormous operating cash flow. Thanks to rapid growth from cloud infrastructure service Azure, and exceptionally high margins and stable demand from its Windows and Office franchises, Microsoft brought in $83.9 billion in operating cash flow over the trailing 12 months. This gives the company an abundance of capital, and quite the buffer, to invest aggressively in the metaverse.The second metaverse stock to buy hand over fist: FastlyFor investors with a considerably stronger stomach for risk (and reward),Fastly is the second metaverse stock that can be bought hand over fist.The metaverse is going to take many years to develop, which means there are a number of moving parts that extend well beyond mixed reality and virtual reality headsets. Fastly is one of the better-known content delivery networks (CDNs). It's responsible for delivering content from the edge of the cloud to its destination as quickly and securely as possible. In other words, its task within the metaverse will be to reduce latency. When an action is taken within a virtual environment, Fastly will ensure there's as little delay as possible in processing that action.We've already witnessed plenty of evidence that Fastly's CDN is a popular and trusted solution. Over the past year, the company's total customer count rose to more than 2,800 from less than 2,400, while the number of enterprise customers jumped to 445 from around 380. This latter increase is particularly important, as it demonstrates enterprise clients have looked past a network outage in June 2021.Additionally, Fastly's dollar-based net expansion rate of 121% in the fourth quarter of 2021 signals that its existing customers are increasing their spending (in this case by 21% from the prior-year period). That's good news for Fastly's usage-based platform.What investors have to be mindful of areFastly's near-term losses, which have consistently come in larger than expected. However, with the company expected to pare back its marketing expenses in 2022, wider-than-anticipated losses could be a thing of the past.There's no denying Fastly's potential, but investors will have to be patient if they want to realize a big payday.The metaverse stock to avoid like the plague: Coinbase GlobalOn the other side of the coin,cryptocurrency exchange and ecosystem Coinbase Global is a metaverse stock I believe investors can avoid like the plague.Coinbase looks to have two pathways to relevance in the metaverse. First, it's the most-popular platform to buy and sell digital currencies -- and blockchain-tethered tokens have proved essential in the early stages of the metaverse.Secondly, Coinbase sees itself as providing \"an identity on-ramp into the metaverse.\" Similar to Nadella's thinking, Coinbase believes the metaverse will be a collection of communities that'll be linked together. Coinbase is working on creating non-fungible token(NFT)-based identity tags that'll be used to move seamlessly from one metaverse to another.Beyond the metaverse, Coinbase has executed well. The company ended 2021 with 11.4 million monthly transacting users, and it recorded a jaw-dropping $3.62 billion in full-year net income. That was up more than tenfold from the previous year.But there also look to be fatal flaws with Coinbase's operating model. For instance, the barrier to entry for cryptocurrency exchanges is relatively low. We've already watched trading commissions for online stock brokerages race to $0. My suspicion is we'll witness similar pricing competition in the cryptocurrency space, which will erode Coinbase's margins over time.The other substantial issue with Coinbase is that its trading platform is heavily reliant on Bitcoin and Ethereum. Unless this dynamic duo is consistently heading higher, interest in crypto investing tends to suffer through big ebbs and flows. The point being that the emotions of crypto investors, rather than Coinbase's innovation(s), are what's driving this company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":387,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9030866111,"gmtCreate":1645685582155,"gmtModify":1676534053437,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"Dont wait, sell!","listText":"Dont wait, sell!","text":"Dont wait, sell!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030866111","repostId":"1167282619","repostType":2,"isVote":1,"tweetType":1,"viewCount":674,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9066053924,"gmtCreate":1651825884068,"gmtModify":1676534979098,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"The writer losing money, asking you to buy so you can be his exit liquidity&nbsp;[Facepalm]&nbsp;[Facepalm]&nbsp;[Facepalm]&nbsp;","listText":"The writer losing money, asking you to buy so you can be his exit liquidity&nbsp;[Facepalm]&nbsp;[Facepalm]&nbsp;[Facepalm]&nbsp;","text":"The writer losing money, asking you to buy so you can be his exit liquidity [Facepalm] [Facepalm] [Facepalm]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9066053924","repostId":"2233184399","repostType":4,"repost":{"id":"2233184399","kind":"news","pubTimestamp":1651802485,"share":"https://ttm.financial/m/news/2233184399?lang=&edition=fundamental","pubTime":"2022-05-06 10:01","market":"us","language":"en","title":"Sea Limited: The Astute Investor Buys When The Average Investor Sells","url":"https://stock-news.laohu8.com/highlight/detail?id=2233184399","media":"seekingalpha","summary":"Benjamin Graham, the father of value investing, is famous for saying that the market is like a votin","content":"<html><head></head><body><p>Benjamin Graham, the father of value investing, is famous for saying that the market is like a voting machine in the short run and in the long run, the market is like a weighing machine.</p><p>I think that this encapsulates what has happened with Sea Limited (NYSE:SE) very well as we have seen the stock rise more than 800% from its COVID lows to its all-time high, as sentiment was positive and investors let the price determine the narrative of the stock in the short run. However, in the longer run, as sentiment changes, if the average investor continues to let price determine the stock&#39;s narrative, this can cause the average investor to panic sell their shares in Sea Limited as the stock has dropped more than 70% from its all-time highs. As such, in the long run, the stock market is like a weighing machine that evaluates and measures the fundamentals of the company.</p><p>I would argue that this is the time to be buying Sea Limited rather than let the fear or the price action determine your investment decisions.</p><h2>Investment Thesis</h2><p>I have written elaborate articles on Sea both as an initiation article as well as follow up articles (here and here) as the market moves. With everything that is happening at Sea, my initial investment thesis for Sea still stands, as shown below:</p><p>1. Garena, will continue to be a market leader and serve as a cash cow for Sea, along with solid growth from not just Free Fire but also other budding new developments from its many gaming studios.</p><p>2. Undoubtedly, Sea&#39;s Shopee has the leadership position in Southeast Asia e-commerce. It is currently still in the early days in Southeast Asia for Shopee and it is likely to see strong growth in the future from increasing penetration in the region brought about by multiple tailwinds.</p><p>3. Sea&#39;s market expansion strategy has shown very strong discipline, with a focus on Latin America (LatAm) e-commerce market, which brings exposure to an underpenetrated, fast-growing market. It is also newer and testing waters in some newer geographies in Europe for example.</p><p>4. Sea&#39;s new emerging fintech business, SeaMoney, will bring additional high growth areas with strong digital payments tailwinds.</p><h2>Laser-Focused On Free Cash Flows And Capital Preservation</h2><p>Shopee, which is Sea&#39;s e-commerce arm, Shopee, made 2 announcements barely a month apart about its decision to exit from France and India. The 2 exits in 1 month clearly sank sentiment on the stock as it reduces the potential total addressable market for Sea and these 2 markets are not insignificant.</p><p>However, I am of the view that Sea&#39;s Shopee needs to pick the right battles and show investors that they are prudent with capital and making the right management decisions. As such, I think that the exit from France, and then India, is a blessing in disguise for Shopee as it saves the company and its shareholders the trouble of significant cash burn in highly competitive e-commerce markets in India and France, while being able to reallocate these precious financial resources and time to other markets in which Shopee is able to execute well, gain dominance and ultimately, generate free cash flows and profits.</p><p>Given that the combined GMV of these 2 markets are minimal at 0.3% of total GMV for the Sea Group, this early withdrawal from these 2 markets barely has an impact on current financials of the company due to the early stage trials that Shopee was doing in these markets.</p><p>For the exit from India, this comes at a time of heightened regulatory scrutiny for Sea given Sea&#39;s Free Fire ban in India. As such, given the highly competitive e-commerce market in India and the huge size of the India e-commerce market which implies needing much more capital spending for GMV growth, it is wise for management to exit India to focus on conserving capital for where it would make more sense. For the exit from France, this came as Shopee management found that customer acquisition costs were too high and Shopee could not compete meaningfully in the market, resulting in a prompt decision from management to exit France.</p><p>With the 2 decisions made to exit France and India, I am not expecting Sea to be entering any new markets this year or in the near term, as it will be focusing on its core ASEAN and Taiwan markets and its new focus, Brazil and Latin America markets.</p><h2>Encouraging Trends In Brazil And Latin America For Shopee</h2><p>We are starting to see the results from Shopee&#39;s foray into Brazil and Latin America. As can be seen below, when looking at monthly active users, Shopee has outperformed in this metric compared to all other peers since March of 2021. I attribute this to Shopee gamifying the e-commerce experience, luring customers to return to the Shopee app, thus creating top mind share and, possible market share as well, in Brazil in such a span of slightly more than 2 years.</p><p></p><p><img src=\"https://static.tigerbbs.com/f856157084170e251a60a39175838bb7\" tg-width=\"640\" tg-height=\"385\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Brazil e-commerce: Monthly active users (million) (Sensor <a href=\"https://laohu8.com/S/TWR.AU\">Tower</a>)</p><p>In Colombia, Shopee is already doing in-line or better than the international e-commerce players in the country by relative search index sources.</p><p><img src=\"https://static.tigerbbs.com/3d29b69ed14f44e2efffb15323b85041\" tg-width=\"640\" tg-height=\"400\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Relative search interest in Colombia (Google Trends)</p><p>While Chile remains in the relatively early stages of development, the relative search index shows that momentum is growing in the country only after almost less than a year of Shopee operating in the country.</p><p><img src=\"https://static.tigerbbs.com/dc8edd690b7e883a2e7d065e4e5376d9\" tg-width=\"640\" tg-height=\"401\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Relative Search Index for Chile (Google Trends)</p><p>With improving metrics for Shopee in these LatAm regions, it would make more sense for Shopee to be redirecting its capital preserved from the India and France exit to focus on the opportunities in LatAm given the easier competitive and regulatory environment in the LatAm region.</p><p>In my view, the strategy Shopee takes in Brazil will be similar to its playbook in ASEAN and Taiwan, where it initially strives to gain mindshare and later, market share in the region, and emerge as a leader in the market based on its volumes and scale, which will then bring about the visibility of turning profitable in the region as it looks to reduce logistics costs over the large scale it has amassed.</p><p>Furthermore, Sea recently launched in Brazil the Shopee Live feature, which is basically the live-streaming feature. Live e-commerce is <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the key e-commerce trends in the near term and I am of the opinion that Shopee can create an early advantage over its peers in the live e-commerce segment in LatAm. One key competitor that is currently having a similar live shopping feature is Magazine Luiza, where it offers exclusive discounts during live streaming. Specifically for the live-streaming feature on Shopee Live, this includes live broadcasts during which exclusive coupons are given, or use of guest stars and influencers as live presenters for Shopee Live to drive traffic.</p><p>The Shopee Live feature in Brazil can add a new dimension to the Shopee platform that complements the current e-commerce shopping experience and it also helps Shopee to engage its customers more directly through live-streaming and at the same time provide customers with a value add which is to have a sense of security as the product is reviewed by live streamers.</p><h3>Shopee ASEAN + Taiwan Turning Profitable With Scale</h3><p>Inflation is working in favour of Shopee, in my view. While inflation is affecting major e-commerce players in the form of higher logistics costs from rising cost of labour and fuel, Shopee&#39;s marketplace business model enables it to feel less of the inflation effect. This is in contrast to the 1P competitors that have to actually take on inventory. In addition, I think we will see Shopee have an advantage in the current environment given their focus on mass market and average order value categories, as it is in a good position when customers decide to trade down. In contrast, Sea&#39;s competitor in the region, Alibaba-owned (BABA) Lazada has a focus on higher order value items and premium items, which will be in a tougher position in the current environment.</p><p>Despite challenges from inflation and also potential increasing competition, I still expect that for the core region of ASEAN + Taiwan, we will see Shopee achieving its breakeven target in 2022. While Shopee is focusing on achieving this breakeven target, my channel checks have found that Shopee has managed to outgrow its competitors and maintain the market share it needs, while spending less on a per order basis. In my view, market share is key in e-commerce to ensure favourable unit economics to make the business model work. Further channel checks that have been done shows that Shopee is currently about 5x to 6x larger and 2x to 3x larger than competitors in terms of volumes in Taiwan and ASEAN respectively. As can be seen below, even with reduced spend per user, the monthly active users in the core ASEAN + Taiwan region is not just steady but continuing to grow.</p><p><img src=\"https://static.tigerbbs.com/30b8b1d6c599c34d0744929879160580\" tg-width=\"640\" tg-height=\"383\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Shopee (ASEAN + Taiwan) monthly active users (million) (Sensor Tower)</p><h2>Gaming Fears Has Been Priced In</h2><p>I have discussed the Free Fire ban in India several times in my previous articles on Sea (Found here and here). Although the Singapore government has taken efforts to talk with the Indian government about the ban of Free Fire in India, there is uncertainty about the potential return of the game in India.</p><p>However, I am of the opinion that the Free Fire ban has long been priced in given that the 2022F gaming guidance implies a 35% year over year drop in bookings and this guidance has already excluded all contributions from India.</p><p>There are also concerns about the impact of reopening of economies on Garena as the world economies reopen and normalise. While normalised user behaviour needs to be observed in the near term for any further weakness, management continues to improve the user experience and refresh content</p><h2>SeaMoney</h2><p>For Sea&#39;s financial services arm, SeaMoney, I think we will see the company continue to ramp up on verticals in non-payments like credit, insurance tech, and wealth management. Currently, SeaMoney is most comprehensive in Indonesia and could be rolled out to the Philippines in 2022.</p><p>Shopee Malaysia recently got the digital banking license in Malaysia, along with 4 other consortiums, opening up new opportunities for SeaMoney Malaysia. Furthermore, Shopee Brazil recently received approval as a payment institution in Brazil, paving the way for SeaMoney in the crucial LatAm market.</p><h2>Valuation</h2><p>My worst case SOTP valuation is updated with the latest information on the company, which includes:</p><ol><li>The impact of lower revenue guidance on gaming resulting in some downward revisions in gaming,</li><li>I assume the reallocation of Shopee&#39;s resources and capital expenditures from India and France to LatAm and ASEA and Taiwan, resulting in largely in-line e-commerce projections</li><li>With the new opportunities in Malaysia and Brazil for SeaMoney, I have made upward revisions on SeaMoney.</li></ol><p>With that the updated target price for Sea Limited is $188.25, implying 109% upside from current levels.</p><p><img src=\"https://static.tigerbbs.com/3f135db17b0a51d1121959ee77598fee\" tg-width=\"389\" tg-height=\"457\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>SOTP valuation for Sea Limited (Author generated)</p><h2>Risks</h2><h3>Competition</h3><p>Although Sea has exited the highly competitive market of India, e-commerce is still a competitive business with many competitors with deep pockets. As such Shopee could face fierce competition from global peers as international expansion in the industry continues. For example, Shopee has done well in Southeast Asia but the threat of Tokopedia in Indonesia is still there. Furthermore, Alibaba&#39;s Lazada is ramping up and focusing on international expansion as China&#39;s domestic e-commerce market slows. If competition intensifies, this could be a significant drag to profitability of the e-commerce segment.</p><h3>Execution In New Markets</h3><p>The operating and competitive environment in LatAm, and Europe has its challenges. Although Shopee has had a good run in Southeast Asia, there are still execution risks in these new markets especially with large domestic e-commerce players already present. That said, Shopee has shown strong execution and capital discipline thus far, and will only commit capital to a market it deems core.</p><h3>Synergies In All 3 Business Segments</h3><p>The flywheel effect could prove to be Sea&#39;s competitive advantage if it is able to build its gaming, e-commerce and fintech ecosystem well. However, if synergies between the 3 are not reaped, the company is not maximising the benefit of its entire ecosystem and should each segment operate increasingly in silos, this could result in deterioration of competitive advantage of Sea.</p><h2>Conclusion</h2><p>To bring back the Benjamin Graham quote from earlier, in the short term, the stock market is like a voting machine, highly driven by sentiment and emotions. This is what is driving Sea Limited&#39;s stock price right now with the more than 70% decline from all-time highs. However, as highlighted, the business fundamentals are actually solid and improving. Sea&#39;s Shopee is soon to achieve its breakeven target in ASEAN + Taiwan as it continues to maintain and gain market share, while Shopee is growing rapidly and becoming dominant in LatAm, specifically in Brazil. While uncertainties remain on the gaming front, as I mentioned, I believe that this has already been priced in. Lastly, SeaMoney is seeing multiple opportunities open up in Sea&#39;s core markets and will likely gain greater traction this year.</p><p>As such, with the improving fundamentals, the astute investor would take the chance to invest in a company that is a winner in the fast-growing gaming, e-commerce and digital financial services in Asia and LatAm. With that, my SOTP target price for Sea is $188.25, implying 109% upside from current levels.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Limited: The Astute Investor Buys When The Average Investor Sells</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea Limited: The Astute Investor Buys When The Average Investor Sells\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-06 10:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4507258-sea-limited-the-astute-investor-buys-when-the-average-investor-sells><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Benjamin Graham, the father of value investing, is famous for saying that the market is like a voting machine in the short run and in the long run, the market is like a weighing machine.I think that ...</p>\n\n<a href=\"https://seekingalpha.com/article/4507258-sea-limited-the-astute-investor-buys-when-the-average-investor-sells\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4504":"桥水持仓","BK4526":"热门中概股","SE":"Sea Ltd","BK4548":"巴美列捷福持仓","BK4535":"淡马锡持仓","BGNE":"百济神州","BK4505":"高瓴资本持仓"},"source_url":"https://seekingalpha.com/article/4507258-sea-limited-the-astute-investor-buys-when-the-average-investor-sells","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2233184399","content_text":"Benjamin Graham, the father of value investing, is famous for saying that the market is like a voting machine in the short run and in the long run, the market is like a weighing machine.I think that this encapsulates what has happened with Sea Limited (NYSE:SE) very well as we have seen the stock rise more than 800% from its COVID lows to its all-time high, as sentiment was positive and investors let the price determine the narrative of the stock in the short run. However, in the longer run, as sentiment changes, if the average investor continues to let price determine the stock's narrative, this can cause the average investor to panic sell their shares in Sea Limited as the stock has dropped more than 70% from its all-time highs. As such, in the long run, the stock market is like a weighing machine that evaluates and measures the fundamentals of the company.I would argue that this is the time to be buying Sea Limited rather than let the fear or the price action determine your investment decisions.Investment ThesisI have written elaborate articles on Sea both as an initiation article as well as follow up articles (here and here) as the market moves. With everything that is happening at Sea, my initial investment thesis for Sea still stands, as shown below:1. Garena, will continue to be a market leader and serve as a cash cow for Sea, along with solid growth from not just Free Fire but also other budding new developments from its many gaming studios.2. Undoubtedly, Sea's Shopee has the leadership position in Southeast Asia e-commerce. It is currently still in the early days in Southeast Asia for Shopee and it is likely to see strong growth in the future from increasing penetration in the region brought about by multiple tailwinds.3. Sea's market expansion strategy has shown very strong discipline, with a focus on Latin America (LatAm) e-commerce market, which brings exposure to an underpenetrated, fast-growing market. It is also newer and testing waters in some newer geographies in Europe for example.4. Sea's new emerging fintech business, SeaMoney, will bring additional high growth areas with strong digital payments tailwinds.Laser-Focused On Free Cash Flows And Capital PreservationShopee, which is Sea's e-commerce arm, Shopee, made 2 announcements barely a month apart about its decision to exit from France and India. The 2 exits in 1 month clearly sank sentiment on the stock as it reduces the potential total addressable market for Sea and these 2 markets are not insignificant.However, I am of the view that Sea's Shopee needs to pick the right battles and show investors that they are prudent with capital and making the right management decisions. As such, I think that the exit from France, and then India, is a blessing in disguise for Shopee as it saves the company and its shareholders the trouble of significant cash burn in highly competitive e-commerce markets in India and France, while being able to reallocate these precious financial resources and time to other markets in which Shopee is able to execute well, gain dominance and ultimately, generate free cash flows and profits.Given that the combined GMV of these 2 markets are minimal at 0.3% of total GMV for the Sea Group, this early withdrawal from these 2 markets barely has an impact on current financials of the company due to the early stage trials that Shopee was doing in these markets.For the exit from India, this comes at a time of heightened regulatory scrutiny for Sea given Sea's Free Fire ban in India. As such, given the highly competitive e-commerce market in India and the huge size of the India e-commerce market which implies needing much more capital spending for GMV growth, it is wise for management to exit India to focus on conserving capital for where it would make more sense. For the exit from France, this came as Shopee management found that customer acquisition costs were too high and Shopee could not compete meaningfully in the market, resulting in a prompt decision from management to exit France.With the 2 decisions made to exit France and India, I am not expecting Sea to be entering any new markets this year or in the near term, as it will be focusing on its core ASEAN and Taiwan markets and its new focus, Brazil and Latin America markets.Encouraging Trends In Brazil And Latin America For ShopeeWe are starting to see the results from Shopee's foray into Brazil and Latin America. As can be seen below, when looking at monthly active users, Shopee has outperformed in this metric compared to all other peers since March of 2021. I attribute this to Shopee gamifying the e-commerce experience, luring customers to return to the Shopee app, thus creating top mind share and, possible market share as well, in Brazil in such a span of slightly more than 2 years.Brazil e-commerce: Monthly active users (million) (Sensor Tower)In Colombia, Shopee is already doing in-line or better than the international e-commerce players in the country by relative search index sources.Relative search interest in Colombia (Google Trends)While Chile remains in the relatively early stages of development, the relative search index shows that momentum is growing in the country only after almost less than a year of Shopee operating in the country.Relative Search Index for Chile (Google Trends)With improving metrics for Shopee in these LatAm regions, it would make more sense for Shopee to be redirecting its capital preserved from the India and France exit to focus on the opportunities in LatAm given the easier competitive and regulatory environment in the LatAm region.In my view, the strategy Shopee takes in Brazil will be similar to its playbook in ASEAN and Taiwan, where it initially strives to gain mindshare and later, market share in the region, and emerge as a leader in the market based on its volumes and scale, which will then bring about the visibility of turning profitable in the region as it looks to reduce logistics costs over the large scale it has amassed.Furthermore, Sea recently launched in Brazil the Shopee Live feature, which is basically the live-streaming feature. Live e-commerce is one of the key e-commerce trends in the near term and I am of the opinion that Shopee can create an early advantage over its peers in the live e-commerce segment in LatAm. One key competitor that is currently having a similar live shopping feature is Magazine Luiza, where it offers exclusive discounts during live streaming. Specifically for the live-streaming feature on Shopee Live, this includes live broadcasts during which exclusive coupons are given, or use of guest stars and influencers as live presenters for Shopee Live to drive traffic.The Shopee Live feature in Brazil can add a new dimension to the Shopee platform that complements the current e-commerce shopping experience and it also helps Shopee to engage its customers more directly through live-streaming and at the same time provide customers with a value add which is to have a sense of security as the product is reviewed by live streamers.Shopee ASEAN + Taiwan Turning Profitable With ScaleInflation is working in favour of Shopee, in my view. While inflation is affecting major e-commerce players in the form of higher logistics costs from rising cost of labour and fuel, Shopee's marketplace business model enables it to feel less of the inflation effect. This is in contrast to the 1P competitors that have to actually take on inventory. In addition, I think we will see Shopee have an advantage in the current environment given their focus on mass market and average order value categories, as it is in a good position when customers decide to trade down. In contrast, Sea's competitor in the region, Alibaba-owned (BABA) Lazada has a focus on higher order value items and premium items, which will be in a tougher position in the current environment.Despite challenges from inflation and also potential increasing competition, I still expect that for the core region of ASEAN + Taiwan, we will see Shopee achieving its breakeven target in 2022. While Shopee is focusing on achieving this breakeven target, my channel checks have found that Shopee has managed to outgrow its competitors and maintain the market share it needs, while spending less on a per order basis. In my view, market share is key in e-commerce to ensure favourable unit economics to make the business model work. Further channel checks that have been done shows that Shopee is currently about 5x to 6x larger and 2x to 3x larger than competitors in terms of volumes in Taiwan and ASEAN respectively. As can be seen below, even with reduced spend per user, the monthly active users in the core ASEAN + Taiwan region is not just steady but continuing to grow.Shopee (ASEAN + Taiwan) monthly active users (million) (Sensor Tower)Gaming Fears Has Been Priced InI have discussed the Free Fire ban in India several times in my previous articles on Sea (Found here and here). Although the Singapore government has taken efforts to talk with the Indian government about the ban of Free Fire in India, there is uncertainty about the potential return of the game in India.However, I am of the opinion that the Free Fire ban has long been priced in given that the 2022F gaming guidance implies a 35% year over year drop in bookings and this guidance has already excluded all contributions from India.There are also concerns about the impact of reopening of economies on Garena as the world economies reopen and normalise. While normalised user behaviour needs to be observed in the near term for any further weakness, management continues to improve the user experience and refresh contentSeaMoneyFor Sea's financial services arm, SeaMoney, I think we will see the company continue to ramp up on verticals in non-payments like credit, insurance tech, and wealth management. Currently, SeaMoney is most comprehensive in Indonesia and could be rolled out to the Philippines in 2022.Shopee Malaysia recently got the digital banking license in Malaysia, along with 4 other consortiums, opening up new opportunities for SeaMoney Malaysia. Furthermore, Shopee Brazil recently received approval as a payment institution in Brazil, paving the way for SeaMoney in the crucial LatAm market.ValuationMy worst case SOTP valuation is updated with the latest information on the company, which includes:The impact of lower revenue guidance on gaming resulting in some downward revisions in gaming,I assume the reallocation of Shopee's resources and capital expenditures from India and France to LatAm and ASEA and Taiwan, resulting in largely in-line e-commerce projectionsWith the new opportunities in Malaysia and Brazil for SeaMoney, I have made upward revisions on SeaMoney.With that the updated target price for Sea Limited is $188.25, implying 109% upside from current levels.SOTP valuation for Sea Limited (Author generated)RisksCompetitionAlthough Sea has exited the highly competitive market of India, e-commerce is still a competitive business with many competitors with deep pockets. As such Shopee could face fierce competition from global peers as international expansion in the industry continues. For example, Shopee has done well in Southeast Asia but the threat of Tokopedia in Indonesia is still there. Furthermore, Alibaba's Lazada is ramping up and focusing on international expansion as China's domestic e-commerce market slows. If competition intensifies, this could be a significant drag to profitability of the e-commerce segment.Execution In New MarketsThe operating and competitive environment in LatAm, and Europe has its challenges. Although Shopee has had a good run in Southeast Asia, there are still execution risks in these new markets especially with large domestic e-commerce players already present. That said, Shopee has shown strong execution and capital discipline thus far, and will only commit capital to a market it deems core.Synergies In All 3 Business SegmentsThe flywheel effect could prove to be Sea's competitive advantage if it is able to build its gaming, e-commerce and fintech ecosystem well. However, if synergies between the 3 are not reaped, the company is not maximising the benefit of its entire ecosystem and should each segment operate increasingly in silos, this could result in deterioration of competitive advantage of Sea.ConclusionTo bring back the Benjamin Graham quote from earlier, in the short term, the stock market is like a voting machine, highly driven by sentiment and emotions. This is what is driving Sea Limited's stock price right now with the more than 70% decline from all-time highs. However, as highlighted, the business fundamentals are actually solid and improving. Sea's Shopee is soon to achieve its breakeven target in ASEAN + Taiwan as it continues to maintain and gain market share, while Shopee is growing rapidly and becoming dominant in LatAm, specifically in Brazil. While uncertainties remain on the gaming front, as I mentioned, I believe that this has already been priced in. Lastly, SeaMoney is seeing multiple opportunities open up in Sea's core markets and will likely gain greater traction this year.As such, with the improving fundamentals, the astute investor would take the chance to invest in a company that is a winner in the fast-growing gaming, e-commerce and digital financial services in Asia and LatAm. With that, my SOTP target price for Sea is $188.25, implying 109% upside from current levels.","news_type":1},"isVote":1,"tweetType":1,"viewCount":421,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9030834974,"gmtCreate":1645676867508,"gmtModify":1676534052703,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"Sell, capitulation is not yet in","listText":"Sell, capitulation is not yet in","text":"Sell, capitulation is not yet in","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030834974","repostId":"1182824138","repostType":2,"isVote":1,"tweetType":1,"viewCount":777,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9095310368,"gmtCreate":1644820196399,"gmtModify":1676533965022,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"JMIA","listText":"JMIA","text":"JMIA","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095310368","repostId":"2211527326","repostType":2,"isVote":1,"tweetType":1,"viewCount":429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9077223931,"gmtCreate":1658535473823,"gmtModify":1676536172171,"author":{"id":"3569050312475646","authorId":"3569050312475646","name":"ngmi","avatar":"https://static.itradeup.com/news/3bb7d5072829d6e17a3bc0699597c5e7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569050312475646","authorIdStr":"3569050312475646"},"themes":[],"htmlText":"k//<a href=\"https://laohu8.com/U/3582700442025714\">@iceage</a>:Ohhh","listText":"k//<a href=\"https://laohu8.com/U/3582700442025714\">@iceage</a>:Ohhh","text":"k//@iceage:Ohhh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077223931","repostId":"2253065181","repostType":4,"isVote":1,"tweetType":1,"viewCount":392,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}