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Rurulz

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2023-08-01

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SoFi Technologies: Just Getting Started

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FOLO & YOMO. In my dictionary now!

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ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/204268263645392","repostId":"2356941672","repostType":2,"repost":{"id":"2356941672","pubTimestamp":1690893000,"share":"https://ttm.financial/m/news/2356941672?lang=&edition=fundamental","pubTime":"2023-08-01 20:30","market":"us","language":"en","title":"SoFi Technologies: Just Getting Started","url":"https://stock-news.laohu8.com/highlight/detail?id=2356941672","media":"seekingalpha","summary":"I going to make a greatest artwork as I can, by my head, my hand and by my mind. Introduction Back in November 2022, I laid out a bullish investment thesis for SoFi Technologies  at ~$5.7 per share in \"SoFi Q3: Another Great Quarter In The Books, Buy Now For 2023 And Beyond\". And then once again highlighted SoFi as an emerging force in the banking & financial services industry and an outlier in an ailing sector in SoFi: The Only Bank You Want To Bank On Right Now in late June 2023. Since these bullish reports were published, SoFi's stock has rallied by ~101% and ~37%, respectively. In today's note, we shall review SoFi's Q2 2023 earnings report and re-evaluate its absolute valuation to see if the risk/reward dynamic still makes sense here. Without further ado, let's jump straight in!","content":"<html><body><p><figure><picture> <img height=\"1024px\" loading=\"lazy\" sizes=\"(max-width: 768px) calc(100vw - 36px), (max-width: 1024px) calc(100vw - 132px), (max-width: 1200px) calc(66.6vw - 72px), 600px\" src=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1401461124/image_1401461124.jpg?io=getty-c-w750\" srcset=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1401461124/image_1401461124.jpg?io=getty-c-w1536 1536w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1401461124/image_1401461124.jpg?io=getty-c-w1280 1280w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1401461124/image_1401461124.jpg?io=getty-c-w1080 1080w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1401461124/image_1401461124.jpg?io=getty-c-w750 750w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1401461124/image_1401461124.jpg?io=getty-c-w640 640w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1401461124/image_1401461124.jpg?io=getty-c-w480 480w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1401461124/image_1401461124.jpg?io=getty-c-w320 320w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1401461124/image_1401461124.jpg?io=getty-c-w240 240w\" width=\"1536px\"/> </picture><figcaption> <p>I going to make a greatest artwork as I can, by my head, my hand and by my mind.</p></figcaption></figure></p> <h2>Introduction</h2> <p>Back in November 2022, I laid out a bullish investment thesis for SoFi Technologies (<span>NASDAQ:SOFI</span>) at ~$5.7 per share<span> in \"</span><em>SoFi Q3</em><em>: Another Great Quarter In The Books, Buy Now For 2023 And Beyond\"</em><span>. And then once again </span>highlighted<span> SoFi as an emerging force in the banking &amp; financial services industry and an outlier in an ailing sector in </span><em>SoFi: The Only Bank You Want To Bank On Right Now</em><span> in late June 2023. Since these bullish reports were published, SoFi's stock has rallied by ~101% and ~37%, respectively.</span></p> <p>In today's note, we shall review SoFi's Q2 2023 earnings report and re-evaluate its absolute valuation to see if the risk/reward dynamic still makes sense here. Without further ado, let's jump straight in!</p> <h2>Reviewing SoFi's Q2 2023 Earnings Report</h2> <p>On 31st July 2023, SoFi released a robust set of financial numbers for Q2'23:</p> <ul> <li>Adj. net GAAP revenues of $489M (up +37% y/y) [vs. est. $473.5M]</li> <li>Adj. EBITDA of $77M (up 285% y/y) (adj. EBITDA margin: 16%)</li> <li>Diluted EPS -0.06 [vs. est. -0.07]</li> <li>Members: 6.240M [584K added in Q2 2023] (up 44% y/y)</li> </ul> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"false\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2023/7/31/51572009-16908453405200458.png\"/></span> </picture><figcaption><p><span>SoFi Q2 2023 Investor Presentation</span></p></figcaption></figure><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"false\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2023/7/31/51572009-16908453705474658.png\"/></span> </picture><figcaption><p><span>SoFi Q2 2023 Investor Presentation</span></p></figcaption></figure></p> <p>Despite facing a challenging macroeconomic environment, SoFi's lending business (revenue: $257M [+29% y/y]) held up strong in Q2 2023, with strong growth in net interest income (+103% y/y) and robust loan origination growth (+37% y/y). While origination growth in the Personal loan segment (+51% y/y) was enough to offset weakness in the Student loan (-1% y/y) and Home loan (-27% y/y) segments, SoFi's non-interest income declined -30% y/y due to change in loan mix and lower take rates.</p> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"false\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2023/7/31/51572009-16908493427179224.png\"/></span> </picture><figcaption><p><span>SoFi Q2 2023 Earnings Press Release</span></p></figcaption></figure></p> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"false\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2023/7/31/51572009-16908491869722688.png\"/></span> </picture><figcaption><p><span>SoFi Q2 2023 Earnings Press Release</span></p></figcaption></figure></p> <p>Fortunately, SoFi's Technology Platform and Financial Services segments reported strong performance during Q2:</p> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"false\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2023/7/31/51572009-16908523983637886.png\"/></span> </picture><figcaption><p><span>Twitter</span></p></figcaption></figure><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"false\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2023/7/31/51572009-16908457265342093.png\"/></span> </picture><figcaption><p><span>SoFi Q2 2023 Investor Presentation</span></p></figcaption></figure></p> <p>On these robust results, Anthony Noto, SoFi CEO, provided the following remarks:</p> <blockquote> <p>We delivered another quarter of record financial results and generated our ninth consecutive quarter of record adjusted net revenue, which was up 37% year-over-year. <strong>Record revenue at the company level was driven by record revenue in both our Technology Platform business segment and our Financial Services business segment</strong> coupled with continued strong Lending business segment revenue growth. We also generated our fourth consecutive quarter of record adjusted EBITDA of $77 million, representing a 43% incremental adjusted EBITDA margin and a 16% margin overall, as well as a 36% incremental GAAP net income margin</p> <p>Our record number of member additions and strong momentum in product and cross-buy adds, along with improving operating efficiency, reflects the benefits of our broad product suite and unique Financial Services Productivity Loop (FSPL) strategy. We added over 584,000 new members during the second quarter, and ended with over 6.2 million total members, up 44% year-over-year. We also added nearly 847,000 new products during the second quarter, and ended with over 9.4 million total products, a 43% annual increase.</p> <p><strong>Total deposits grew by $2.7 billion, up 26% during the second quarter to $12.7 billion at quarter end</strong>, and over 90% of SoFi Money deposits (inclusive of Checking and Savings and cash management accounts) are from direct deposit members. For new direct deposit accounts opened in the second quarter, the median FICO score was 747. More than half of newly funded SoFi Money accounts are setting up direct deposit by day 30, and this has had a significant impact on debit spending, with <strong>continued strong cross-buy trends</strong> from this attractive member base into Lending and other Financial Services products. With our launch of offering FDIC insurance of up to $2 million, nearly 98% of our deposits were insured at quarter end.</p> <p>As a result of this <strong>growth in high quality deposits</strong>, we have benefited from a <strong>lower cost of funding for our loans</strong>. <em>Our deposit funding also increases our flexibility to capture additional net interest margin [NIM] and optimize returns, a critical advantage in light of notable macro uncertainty.</em> SoFi Bank, N.A. generated $63.1 million of GAAP net income at a 17% margin.\"</p> <p>Source: SoFi Q2 2023 Earnings Press Release </p> </blockquote> <p>For FY-2023, SoFi increased its revenue guidance from $1.955-2.020B to $1.974-2.034B and raised the adj. EBITDA guide from $268-288M to $333-343M [adj. EBITDA margin: +17%]. While SoFi's revenue growth is set to slow down significantly in the back half of this year based on the current trajectory of deposit growth and loans held on its balance sheet, I think SoFi can continue to outperform expectations in upcoming quarters if the ABS (asset-backed securities) market opens up as interest rates stabilize.</p> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"false\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2023/7/31/51572009-16908525908058891.png\"/></span> </picture><figcaption><p><span>SoFi Q2 2023 Investor Presentation</span></p></figcaption></figure></p> <p>As we know, the recent strength in SoFi's business has been driven by the structural benefits of its bank charter (attained in 2022), which has allowed the fintech company to raise deposits at low-interest rates [reducing capital costs for its lending activity]. As of Q2 2023, SoFi's deposit base stood at $12.7B, and this deposit base is providing SoFi the flexibility of holding loans on its balance sheet for a longer duration (as necessitated by the ongoing freeze-up in credit markets due to rapid changes in interest rates).</p> <p>In Q2, SoFi's \"Loans Held for Sale\" rose to $18.2B (up from $15.9B in Q1 2023). With SoFi's total loan originations of ~$4.4B in Q2, SoFi sold nearly $2B of loans from its balance sheet during this quarter. Given this sale activity, the ABS market seems to be opening up (unfreezing), and I view this data as a big positive for SoFi.</p> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"false\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2023/7/31/51572009-16908530856500998.png\"/></span> </picture><figcaption><p><span>SoFi Q2 2023 Investor Presentation</span></p></figcaption></figure><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"false\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2023/7/31/51572009-16908531307884445.png\"/></span> </picture><figcaption><p><span>SoFi Q2 2023 Investor Presentation</span></p></figcaption></figure></p> <p>Now, SoFi has the balance sheet strength to hold onto these loans to earn interest income; however, getting rid of these loans via securitization will unlock faster revenue growth in its lending business.</p> <p>While personal (unsecured) loans piling up on SoFi's balance sheet has been highlighted as a massive risk for SoFi, the strict credit standards at SoFi (Personal loan: Avg. FICO score is ~770, Annual Income &gt;$170K) should ensure that the default (delinquency) risk remains low in the future. As per SoFi's management, annualized net charge-offs on its personal loans book declined quarter-over-quarter to 2.94% in Q2 2023.</p> <p>In my view, SoFi's business momentum is incredible, and financial performance in the second half of 2023 is likely to remain strong given the impending end of the Student loan moratorium is expected to drive a flurry of refinancing activity that will boost SoFi's student loan refinancing business. According to SoFi's management, the company is set to become GAAP profitable in Q4 2023, and I think that would be a remarkable feat to end this incredible year on a high note. With all three of SoFi's segments set to reach adj. EBITDA profitability by the end of 2023, I think our cross-buying-centered investment thesis for SoFi has never been stronger.</p> <p>In summary, SoFi's Q2 2023 report was yet another conviction booster. However, let's evaluate SoFi's long-term risk/reward before making an informed investing decision.</p> <h2>SoFi's Fair Value And Expected Return</h2> <p>To determine the fair value and expected return of SoFi, we will use TQI's Valuation model with the following assumptions:</p> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"false\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2023/7/31/51572009-16908254249540505.png\"/></span> </picture><figcaption><p>TQI Valuation Model <span>(TQIG.org)</span></p></figcaption></figure></p> <p>According to TQI's valuation model, SoFi is now worth $13.99 per share (up from my previous estimate of $11.75 per share). With SOFI trading at ~$11.40 per share, I see another ~20-25% upside to fair value from current levels. Hence, investors buying here are getting a sizeable discount on SOFI.</p> <p>Now, let's consider the long-term reward potential by looking at a range of expected outcomes for SOFI assuming an exit multiple of 15-25x P/FCF:</p> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"false\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2023/7/31/51572009-16908254604819396.png\"/></span> </picture><figcaption><p>TQI Valuation Model <span>(TQIG.org)</span></p></figcaption></figure></p> <p>In the base case scenario, SoFi's stock could be trading at $26.78 per share five years from now, which would imply a ~18.63% CAGR return from current levels. While these projected returns are slightly lower than our investment hurdle rate of 20% for high-growth stocks, they remain well above long-term equity market returns of ~10%. Given conservative modeling assumptions, I still think SoFi is a decent buy at $11.40 per share in light of Q2 earnings.</p> <p><strong>Key Takeaway:</strong> I rate SoFi a modest \"Buy\" at $11.40 per share, with a preference for staggered accumulation using a 6-12 month DCA plan.</p> <div></div> <p>As always, thank you for reading, and happy investing. Please feel free to share any questions, concerns, or thoughts in the comments section below.</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>SoFi Technologies: Just Getting Started</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\">\nSoFi Technologies: Just Getting Started\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-08-01 20:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4622031-sofi-technologies-just-getting-started><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>I going to make a greatest artwork as I can, by my head, my hand and by my mind. Introduction Back in November 2022, I laid out a bullish investment thesis for SoFi Technologies (NASDAQ:SOFI) at ~$5.7...</p>\n\n<a href=\"https://seekingalpha.com/article/4622031-sofi-technologies-just-getting-started\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1401461124/image_1401461124.jpg","relate_stocks":{"BK4549":"软银资本持仓","BK4535":"淡马锡持仓","BK4551":"寇图资本持仓","SOFI":"SoFi Technologies Inc.","BK4166":"消费信贷"},"source_url":"https://seekingalpha.com/article/4622031-sofi-technologies-just-getting-started","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2356941672","content_text":"I going to make a greatest artwork as I can, by my head, my hand and by my mind. Introduction Back in November 2022, I laid out a bullish investment thesis for SoFi Technologies (NASDAQ:SOFI) at ~$5.7 per share in \"SoFi Q3: Another Great Quarter In The Books, Buy Now For 2023 And Beyond\". And then once again highlighted SoFi as an emerging force in the banking & financial services industry and an outlier in an ailing sector in SoFi: The Only Bank You Want To Bank On Right Now in late June 2023. Since these bullish reports were published, SoFi's stock has rallied by ~101% and ~37%, respectively. In today's note, we shall review SoFi's Q2 2023 earnings report and re-evaluate its absolute valuation to see if the risk/reward dynamic still makes sense here. Without further ado, let's jump straight in! Reviewing SoFi's Q2 2023 Earnings Report On 31st July 2023, SoFi released a robust set of financial numbers for Q2'23:  Adj. net GAAP revenues of $489M (up +37% y/y) [vs. est. $473.5M] Adj. EBITDA of $77M (up 285% y/y) (adj. EBITDA margin: 16%) Diluted EPS -0.06 [vs. est. -0.07] Members: 6.240M [584K added in Q2 2023] (up 44% y/y)    SoFi Q2 2023 Investor Presentation  SoFi Q2 2023 Investor Presentation Despite facing a challenging macroeconomic environment, SoFi's lending business (revenue: $257M [+29% y/y]) held up strong in Q2 2023, with strong growth in net interest income (+103% y/y) and robust loan origination growth (+37% y/y). While origination growth in the Personal loan segment (+51% y/y) was enough to offset weakness in the Student loan (-1% y/y) and Home loan (-27% y/y) segments, SoFi's non-interest income declined -30% y/y due to change in loan mix and lower take rates.   SoFi Q2 2023 Earnings Press Release   SoFi Q2 2023 Earnings Press Release Fortunately, SoFi's Technology Platform and Financial Services segments reported strong performance during Q2:   Twitter  SoFi Q2 2023 Investor Presentation On these robust results, Anthony Noto, SoFi CEO, provided the following remarks:  We delivered another quarter of record financial results and generated our ninth consecutive quarter of record adjusted net revenue, which was up 37% year-over-year. Record revenue at the company level was driven by record revenue in both our Technology Platform business segment and our Financial Services business segment coupled with continued strong Lending business segment revenue growth. We also generated our fourth consecutive quarter of record adjusted EBITDA of $77 million, representing a 43% incremental adjusted EBITDA margin and a 16% margin overall, as well as a 36% incremental GAAP net income margin Our record number of member additions and strong momentum in product and cross-buy adds, along with improving operating efficiency, reflects the benefits of our broad product suite and unique Financial Services Productivity Loop (FSPL) strategy. We added over 584,000 new members during the second quarter, and ended with over 6.2 million total members, up 44% year-over-year. We also added nearly 847,000 new products during the second quarter, and ended with over 9.4 million total products, a 43% annual increase. Total deposits grew by $2.7 billion, up 26% during the second quarter to $12.7 billion at quarter end, and over 90% of SoFi Money deposits (inclusive of Checking and Savings and cash management accounts) are from direct deposit members. For new direct deposit accounts opened in the second quarter, the median FICO score was 747. More than half of newly funded SoFi Money accounts are setting up direct deposit by day 30, and this has had a significant impact on debit spending, with continued strong cross-buy trends from this attractive member base into Lending and other Financial Services products. With our launch of offering FDIC insurance of up to $2 million, nearly 98% of our deposits were insured at quarter end. As a result of this growth in high quality deposits, we have benefited from a lower cost of funding for our loans. Our deposit funding also increases our flexibility to capture additional net interest margin [NIM] and optimize returns, a critical advantage in light of notable macro uncertainty. SoFi Bank, N.A. generated $63.1 million of GAAP net income at a 17% margin.\" Source: SoFi Q2 2023 Earnings Press Release   For FY-2023, SoFi increased its revenue guidance from $1.955-2.020B to $1.974-2.034B and raised the adj. EBITDA guide from $268-288M to $333-343M [adj. EBITDA margin: +17%]. While SoFi's revenue growth is set to slow down significantly in the back half of this year based on the current trajectory of deposit growth and loans held on its balance sheet, I think SoFi can continue to outperform expectations in upcoming quarters if the ABS (asset-backed securities) market opens up as interest rates stabilize.   SoFi Q2 2023 Investor Presentation As we know, the recent strength in SoFi's business has been driven by the structural benefits of its bank charter (attained in 2022), which has allowed the fintech company to raise deposits at low-interest rates [reducing capital costs for its lending activity]. As of Q2 2023, SoFi's deposit base stood at $12.7B, and this deposit base is providing SoFi the flexibility of holding loans on its balance sheet for a longer duration (as necessitated by the ongoing freeze-up in credit markets due to rapid changes in interest rates). In Q2, SoFi's \"Loans Held for Sale\" rose to $18.2B (up from $15.9B in Q1 2023). With SoFi's total loan originations of ~$4.4B in Q2, SoFi sold nearly $2B of loans from its balance sheet during this quarter. Given this sale activity, the ABS market seems to be opening up (unfreezing), and I view this data as a big positive for SoFi.   SoFi Q2 2023 Investor Presentation  SoFi Q2 2023 Investor Presentation Now, SoFi has the balance sheet strength to hold onto these loans to earn interest income; however, getting rid of these loans via securitization will unlock faster revenue growth in its lending business. While personal (unsecured) loans piling up on SoFi's balance sheet has been highlighted as a massive risk for SoFi, the strict credit standards at SoFi (Personal loan: Avg. FICO score is ~770, Annual Income >$170K) should ensure that the default (delinquency) risk remains low in the future. As per SoFi's management, annualized net charge-offs on its personal loans book declined quarter-over-quarter to 2.94% in Q2 2023. In my view, SoFi's business momentum is incredible, and financial performance in the second half of 2023 is likely to remain strong given the impending end of the Student loan moratorium is expected to drive a flurry of refinancing activity that will boost SoFi's student loan refinancing business. According to SoFi's management, the company is set to become GAAP profitable in Q4 2023, and I think that would be a remarkable feat to end this incredible year on a high note. With all three of SoFi's segments set to reach adj. EBITDA profitability by the end of 2023, I think our cross-buying-centered investment thesis for SoFi has never been stronger. In summary, SoFi's Q2 2023 report was yet another conviction booster. However, let's evaluate SoFi's long-term risk/reward before making an informed investing decision. SoFi's Fair Value And Expected Return To determine the fair value and expected return of SoFi, we will use TQI's Valuation model with the following assumptions:   TQI Valuation Model (TQIG.org) According to TQI's valuation model, SoFi is now worth $13.99 per share (up from my previous estimate of $11.75 per share). With SOFI trading at ~$11.40 per share, I see another ~20-25% upside to fair value from current levels. Hence, investors buying here are getting a sizeable discount on SOFI. Now, let's consider the long-term reward potential by looking at a range of expected outcomes for SOFI assuming an exit multiple of 15-25x P/FCF:   TQI Valuation Model (TQIG.org) In the base case scenario, SoFi's stock could be trading at $26.78 per share five years from now, which would imply a ~18.63% CAGR return from current levels. While these projected returns are slightly lower than our investment hurdle rate of 20% for high-growth stocks, they remain well above long-term equity market returns of ~10%. Given conservative modeling assumptions, I still think SoFi is a decent buy at $11.40 per share in light of Q2 earnings. Key Takeaway: I rate SoFi a modest \"Buy\" at $11.40 per share, with a preference for staggered accumulation using a 6-12 month DCA plan.  As always, thank you for reading, and happy investing. Please feel free to share any questions, concerns, or thoughts in the comments section below.","news_type":1},"isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995840537,"gmtCreate":1661458981032,"gmtModify":1676536520555,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PLUG\">$Plug Power(PLUG)$</a>sharing&nbsp;","listText":"<a href=\"https://ttm.financial/S/PLUG\">$Plug Power(PLUG)$</a>sharing&nbsp;","text":"$Plug Power(PLUG)$sharing","images":[{"img":"https://community-static.tradeup.com/news/1a7802833aa506ef0a4bdbd9dfa02594","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995840537","isVote":1,"tweetType":1,"viewCount":514,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":860077973,"gmtCreate":1632113634992,"gmtModify":1676530703893,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"Read. 50-Day MA","listText":"Read. 50-Day MA","text":"Read. 50-Day MA","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/860077973","repostId":"1196172424","repostType":4,"repost":{"id":"1196172424","pubTimestamp":1632105381,"share":"https://ttm.financial/m/news/1196172424?lang=&edition=fundamental","pubTime":"2021-09-20 10:36","market":"us","language":"en","title":"The One Indicator That Has Wall Street Biting Its Nails","url":"https://stock-news.laohu8.com/highlight/detail?id=1196172424","media":"Barrons","summary":"The stock market dropped because there’s something scarier than taxes, tapers, and contagion.","content":"<p>Wall Street has found something scarier than tapering,axes,and contagion. It’s called the 50-day moving average.</p>\n<p>The predictions of impending doom from Wall Street’s talking heads continued this past week. The reasons for a pullback are many: The stock market has rallied for too long and has gone up too smoothly, the Federal Reserve is about to remove the bond buying that has helped prop markets up, taxes are ready to rise, economic data are slowing. None of it really left a mark.</p>\n<p>But then the&nbsp;S&amp;P 500&nbsp;dropped 0.6%, to 4432.99, over the week, while the&nbsp;Dow Jones Industrial Average&nbsp;fell 0.1%, to 34,584.88, and the&nbsp;Nasdaq Composite&nbsp;slumped 0.5%, to 15,043.97. For the S&amp;P 500, it was the first close since June 18 below its 50-day moving average—a technical measure of the previous 50 days’ closes that often ends up acting as support or resistance and that currently sits at 4436.35. For traders, it was very frightening.</p>\n<p>That the drop also occurred on options expiration day—when options bets expire and are rolled over, typically a volatile day—also makes the moment fraught. Since May, options expiration has been the time for the S&amp;P 500 to make a quick test of its 50-day moving average before a bounce higher. And when I say quick, I mean quick, as it usually took the index a day, maybe two, to rebound.</p>\n<p>“The 50-Day MA discussion has been pounded into our heads with every drawdown,” writes Frank Cappelleri, desk strategist at Instinet. “And while we may be sick of hearing about it, the dip buying around the line has been a real phenomenon.”</p>\n<p>This time has a different feel to it. The S&amp;P 500’s sojourn near the 50-day has been longer, notes Jonathan Krinsky, chief market technician at Bay Crest Partners. It’s been sitting near it for about six trading days now, without a big drop or big bounce. “The current set-up looks a bit more like a consolidation on the 50 DMA, as opposed to the prior quick ‘V-shaped’ dips,” Krinsky writes. “What we are saying is that the current way in which we got here feels a bit different than the last four to five times.”</p>\n<p>Still, Krinsky acknowledges that one close below the 50-day isn’t enough to panic. That’s because the S&amp;P 500 has now gone 218 days without two closes below the average, the second-longest streak since 1990. We won’t know if that streak breaks until the end of trading on Monday.</p>\n<p>The market has plenty of excuses to break the 50-day, if it’s so inclined. Maybe Evergrande (ticker: 3333.Hong Kong), the troubled Chinese property developer, will prove to be a Lehman moment and bring the world’s markets down with it. Maybe the Fed will surprise everyone and start tapering this coming week. Maybe something is lurking out there like the Baba Yaga of the old fairy tales, and maybe it looks a lot like Keanu Reeves.</p>\n<p>But perhaps all the September weakness and worry are a good thing, setting the market up for its next run. “The ACWI is oversold again, and sentiment is not too optimistic,” writes Ned Davis Research’s Tim Hayes, commenting on the MSCI All-Country World Index. “The market’s resilience in the face of the negative September seasonality could be the preview of a bullish response to seasonal tendencies that turn favorable in the fourth quarter.”</p>\n<p>We just have to get there first.</p>","source":"lsy1601382232898","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 One Indicator That Has Wall Street Biting Its Nails</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 One Indicator That Has Wall Street Biting Its Nails\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-20 10:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-falls-because-theres-something-scarier-than-taxes-tapers-and-contagion-51631925838?mod=hp_DAY_7><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street has found something scarier than tapering,axes,and contagion. It’s called the 50-day moving average.\nThe predictions of impending doom from Wall Street’s talking heads continued this past ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-falls-because-theres-something-scarier-than-taxes-tapers-and-contagion-51631925838?mod=hp_DAY_7\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-falls-because-theres-something-scarier-than-taxes-tapers-and-contagion-51631925838?mod=hp_DAY_7","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196172424","content_text":"Wall Street has found something scarier than tapering,axes,and contagion. It’s called the 50-day moving average.\nThe predictions of impending doom from Wall Street’s talking heads continued this past week. The reasons for a pullback are many: The stock market has rallied for too long and has gone up too smoothly, the Federal Reserve is about to remove the bond buying that has helped prop markets up, taxes are ready to rise, economic data are slowing. None of it really left a mark.\nBut then the S&P 500 dropped 0.6%, to 4432.99, over the week, while the Dow Jones Industrial Average fell 0.1%, to 34,584.88, and the Nasdaq Composite slumped 0.5%, to 15,043.97. For the S&P 500, it was the first close since June 18 below its 50-day moving average—a technical measure of the previous 50 days’ closes that often ends up acting as support or resistance and that currently sits at 4436.35. For traders, it was very frightening.\nThat the drop also occurred on options expiration day—when options bets expire and are rolled over, typically a volatile day—also makes the moment fraught. Since May, options expiration has been the time for the S&P 500 to make a quick test of its 50-day moving average before a bounce higher. And when I say quick, I mean quick, as it usually took the index a day, maybe two, to rebound.\n“The 50-Day MA discussion has been pounded into our heads with every drawdown,” writes Frank Cappelleri, desk strategist at Instinet. “And while we may be sick of hearing about it, the dip buying around the line has been a real phenomenon.”\nThis time has a different feel to it. The S&P 500’s sojourn near the 50-day has been longer, notes Jonathan Krinsky, chief market technician at Bay Crest Partners. It’s been sitting near it for about six trading days now, without a big drop or big bounce. “The current set-up looks a bit more like a consolidation on the 50 DMA, as opposed to the prior quick ‘V-shaped’ dips,” Krinsky writes. “What we are saying is that the current way in which we got here feels a bit different than the last four to five times.”\nStill, Krinsky acknowledges that one close below the 50-day isn’t enough to panic. That’s because the S&P 500 has now gone 218 days without two closes below the average, the second-longest streak since 1990. We won’t know if that streak breaks until the end of trading on Monday.\nThe market has plenty of excuses to break the 50-day, if it’s so inclined. Maybe Evergrande (ticker: 3333.Hong Kong), the troubled Chinese property developer, will prove to be a Lehman moment and bring the world’s markets down with it. Maybe the Fed will surprise everyone and start tapering this coming week. Maybe something is lurking out there like the Baba Yaga of the old fairy tales, and maybe it looks a lot like Keanu Reeves.\nBut perhaps all the September weakness and worry are a good thing, setting the market up for its next run. “The ACWI is oversold again, and sentiment is not too optimistic,” writes Ned Davis Research’s Tim Hayes, commenting on the MSCI All-Country World Index. “The market’s resilience in the face of the negative September seasonality could be the preview of a bullish response to seasonal tendencies that turn favorable in the fourth quarter.”\nWe just have to get there first.","news_type":1},"isVote":1,"tweetType":1,"viewCount":433,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898562787,"gmtCreate":1628511934849,"gmtModify":1703507304491,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/RIOT\">$Riot Blockchain, Inc.(RIOT)$</a>how I wishhh","listText":"<a href=\"https://laohu8.com/S/RIOT\">$Riot Blockchain, Inc.(RIOT)$</a>how I wishhh","text":"$Riot Blockchain, Inc.(RIOT)$how I wishhh","images":[{"img":"https://static.tigerbbs.com/cb111d7acf92dbbfece453a2881c5d75","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/898562787","isVote":1,"tweetType":1,"viewCount":592,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":804058897,"gmtCreate":1627913375319,"gmtModify":1703497787827,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/XCUR\">$Exicure, Inc.(XCUR)$</a>woot woot!&nbsp;","listText":"<a href=\"https://laohu8.com/S/XCUR\">$Exicure, Inc.(XCUR)$</a>woot woot!&nbsp;","text":"$Exicure, Inc.(XCUR)$woot woot!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804058897","isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808669323,"gmtCreate":1627574160062,"gmtModify":1703492751862,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"Yassss","listText":"Yassss","text":"Yassss","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/808669323","repostId":"2155290035","repostType":4,"repost":{"id":"2155290035","pubTimestamp":1627564527,"share":"https://ttm.financial/m/news/2155290035?lang=&edition=fundamental","pubTime":"2021-07-29 21:15","market":"us","language":"en","title":"4 Stock Market Myths to Abandon if You Actually Want to Make Money","url":"https://stock-news.laohu8.com/highlight/detail?id=2155290035","media":"Motley Fool","summary":"It might be worth revisiting some of the \"common knowledge\" assumptions about how things really work.","content":"<p>Has the stock market not behaved quite as you expected? Perhaps some of your picks that were supposed to pay off in a big way just haven't. Things certainly look different from the inside looking out than they do from the outside looking in.</p>\n<p>The good news is, a few philosophical tweaks to your approach may be all you need to turns your results around. Here are the four biggest stumbling blocks too many investors -- particularly new investors -- must work past before they start making the sort of money they'd like to.</p>\n<h2>Myth 1: The more active and involved I am, the more money I make</h2>\n<p>The idea that \"more is better\" makes sense...at least on the surface. The more we study, the better grades we make. The more we practice, the better we get at a sport.</p>\n<p>When it comes to investing, however, less can be more. Trade less often, and you'll make more money.</p>\n<p>To understand why, think about exactly what you're investing in when you buy a stock. You're plugging into the company's long-term success, and it can take a long time to bear fruit. But, spotting long-term corporate success is actually pretty easy to do.</p>\n<p>If instead you're looking for a big short-term gain on a long-term story, your investment is actually a bet on how other investors will feel about a particular stock in the near future. It's not easy to predict future perceptions of an unprofitable or barely profitable company, which is why short-term trading is so difficult to do. Ironically, the more you try to trade your way to market-beating results, the worse off you typically end up.</p>\n<p>The point is, buy quality stocks and leave them alone. You don't have to check on them every day. Indeed, doing so increases the risk of making an ill-advised buy or sell.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1bfb5a937c3265509c37a0e4e31cf196\" tg-width=\"700\" tg-height=\"463\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Myth 2: The higher the risk, the greater the reward</h2>\n<p>There was a time when taking on risk meant getting bigger rewards. But an increasing number of companies, investment banks, and insiders have proven this tenet to be false. Big stock price gains often come <i>before </i>a company's business model reaches its full potential, and that can raise risk levels without providing any additional reward.</p>\n<p>A name like <b><a href=\"https://laohu8.com/S/GPRO\">GoPro</a></b> (NASDAQ:GPRO) comes to mind. While no <a href=\"https://laohu8.com/S/AONE.U\">one</a> denies it makes the world's very best action cameras, its stock price got ahead of itself in the early to mid-2010s. Yet when ongoing demand for action camera products didn't live up to expectations, investors paid the price. Even with the rally from its early 2020 lows, shares are still trading 90% below their 2014 peak price.</p>\n<p>And that's certainly not the only example of when the market didn't recognize the suggested or implied reward was never going to be realized.</p>\n<h2>Myth 3: I have to pay someone a lot of money to manage my investments</h2>\n<p>Actually, you don't.</p>\n<p>You <i>can</i> pay someone, of course. Money managers and brokerage firms' so-called wrap account will charge you on the order of 1% of your portfolio's value per year. Robo-advisors charge about half of that (or less) for smaller accounts, though there's very little personal customer service to such plans. Both solutions steer your investments, and for the most part, they do a pretty good job of balancing risk and reward.</p>\n<p>But with a little common sense and self-discipline, you can sidestep those fees and manage your own stock portfolio at little or no cost. Most of the reputable online brokers these days offer commission-free trading -- not that you should trade more often simply because it doesn't cost anything to do so.</p>\n<p>There's a lot to be said about picking your own stocks. Aside from learning by starting out conservatively and becoming more aggressive as you gain experience, you might be surprised to find you're doing better than most professionals do for their customers. In its most recent assessment of the industry, Standard &amp; Poor's found that only about one-fourth of large cap mutual funds outperformed the <b>S&amp;P 500</b> over the course of the past five years. The other three-fourths trailed the S&amp;P 500's performance.</p>\n<h2>Myth 4: When I buy a stock, that money is given to the underlying company to grow its business</h2>\n<p>Finally, although most veteran investors (and even newcomers) understand that an investment in a company isn't the transfer of funds from your account to that organization's coffers where it's then spent on growth initiatives. Rather, when you buy a stock -- say <b>Procter &amp; Gamble</b> -- you're buying those shares of P&amp;G from another investor who's more than willing to let go of their stake of the consumer staples giant at the agreed-upon market price. What do they know that you don't? Maybe nothing. Perhaps they're just ready to reduce their risk or take on more risk.</p>\n<p>There's a more important takeaway, however. That is, you can't completely ignore the inherent mispricing stemming from the ongoing auction process. Eventually, a stock is going to become severely overvalued or undervalued, translating into opportunity for you.</p>\n<p>Still, awareness of this backdrop shouldn't distract you from focusing on the long-term bigger picture. Understanding this inner working of the market will simply make you a better buy-and-hold investor.</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>4 Stock Market Myths to Abandon if You Actually Want to Make Money</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\">\n4 Stock Market Myths to Abandon if You Actually Want to Make Money\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 21:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/29/4-stock-market-myths-to-abandon-if-you-actually-wa/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Has the stock market not behaved quite as you expected? Perhaps some of your picks that were supposed to pay off in a big way just haven't. Things certainly look different from the inside looking out ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/29/4-stock-market-myths-to-abandon-if-you-actually-wa/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.fool.com/investing/2021/07/29/4-stock-market-myths-to-abandon-if-you-actually-wa/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2155290035","content_text":"Has the stock market not behaved quite as you expected? Perhaps some of your picks that were supposed to pay off in a big way just haven't. Things certainly look different from the inside looking out than they do from the outside looking in.\nThe good news is, a few philosophical tweaks to your approach may be all you need to turns your results around. Here are the four biggest stumbling blocks too many investors -- particularly new investors -- must work past before they start making the sort of money they'd like to.\nMyth 1: The more active and involved I am, the more money I make\nThe idea that \"more is better\" makes sense...at least on the surface. The more we study, the better grades we make. The more we practice, the better we get at a sport.\nWhen it comes to investing, however, less can be more. Trade less often, and you'll make more money.\nTo understand why, think about exactly what you're investing in when you buy a stock. You're plugging into the company's long-term success, and it can take a long time to bear fruit. But, spotting long-term corporate success is actually pretty easy to do.\nIf instead you're looking for a big short-term gain on a long-term story, your investment is actually a bet on how other investors will feel about a particular stock in the near future. It's not easy to predict future perceptions of an unprofitable or barely profitable company, which is why short-term trading is so difficult to do. Ironically, the more you try to trade your way to market-beating results, the worse off you typically end up.\nThe point is, buy quality stocks and leave them alone. You don't have to check on them every day. Indeed, doing so increases the risk of making an ill-advised buy or sell.\nImage source: Getty Images.\nMyth 2: The higher the risk, the greater the reward\nThere was a time when taking on risk meant getting bigger rewards. But an increasing number of companies, investment banks, and insiders have proven this tenet to be false. Big stock price gains often come before a company's business model reaches its full potential, and that can raise risk levels without providing any additional reward.\nA name like GoPro (NASDAQ:GPRO) comes to mind. While no one denies it makes the world's very best action cameras, its stock price got ahead of itself in the early to mid-2010s. Yet when ongoing demand for action camera products didn't live up to expectations, investors paid the price. Even with the rally from its early 2020 lows, shares are still trading 90% below their 2014 peak price.\nAnd that's certainly not the only example of when the market didn't recognize the suggested or implied reward was never going to be realized.\nMyth 3: I have to pay someone a lot of money to manage my investments\nActually, you don't.\nYou can pay someone, of course. Money managers and brokerage firms' so-called wrap account will charge you on the order of 1% of your portfolio's value per year. Robo-advisors charge about half of that (or less) for smaller accounts, though there's very little personal customer service to such plans. Both solutions steer your investments, and for the most part, they do a pretty good job of balancing risk and reward.\nBut with a little common sense and self-discipline, you can sidestep those fees and manage your own stock portfolio at little or no cost. Most of the reputable online brokers these days offer commission-free trading -- not that you should trade more often simply because it doesn't cost anything to do so.\nThere's a lot to be said about picking your own stocks. Aside from learning by starting out conservatively and becoming more aggressive as you gain experience, you might be surprised to find you're doing better than most professionals do for their customers. In its most recent assessment of the industry, Standard & Poor's found that only about one-fourth of large cap mutual funds outperformed the S&P 500 over the course of the past five years. The other three-fourths trailed the S&P 500's performance.\nMyth 4: When I buy a stock, that money is given to the underlying company to grow its business\nFinally, although most veteran investors (and even newcomers) understand that an investment in a company isn't the transfer of funds from your account to that organization's coffers where it's then spent on growth initiatives. Rather, when you buy a stock -- say Procter & Gamble -- you're buying those shares of P&G from another investor who's more than willing to let go of their stake of the consumer staples giant at the agreed-upon market price. What do they know that you don't? Maybe nothing. Perhaps they're just ready to reduce their risk or take on more risk.\nThere's a more important takeaway, however. That is, you can't completely ignore the inherent mispricing stemming from the ongoing auction process. Eventually, a stock is going to become severely overvalued or undervalued, translating into opportunity for you.\nStill, awareness of this backdrop shouldn't distract you from focusing on the long-term bigger picture. Understanding this inner working of the market will simply make you a better buy-and-hold investor.","news_type":1},"isVote":1,"tweetType":1,"viewCount":533,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147492073,"gmtCreate":1626372427892,"gmtModify":1703758920843,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NKE\">$Nike(NKE)$</a>stay strong now ok!!","listText":"<a href=\"https://laohu8.com/S/NKE\">$Nike(NKE)$</a>stay strong now ok!!","text":"$Nike(NKE)$stay strong now ok!!","images":[{"img":"https://static.tigerbbs.com/ef9ee30619f3b75c50873b8acb933928","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147492073","isVote":1,"tweetType":1,"viewCount":439,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":147496429,"gmtCreate":1626372390061,"gmtModify":1703758920481,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AYRO\">$AYRO, Inc.(AYRO)$</a>freefall!!!!","listText":"<a href=\"https://laohu8.com/S/AYRO\">$AYRO, Inc.(AYRO)$</a>freefall!!!!","text":"$AYRO, Inc.(AYRO)$freefall!!!!","images":[{"img":"https://static.tigerbbs.com/5299588a3b04a4e3ddfdfc8a60ca4fc1","width":"1080","height":"2100"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147496429","isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":141301997,"gmtCreate":1625837514819,"gmtModify":1703749536831,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLUG\">$Plug Power(PLUG)$</a>waow","listText":"<a href=\"https://laohu8.com/S/PLUG\">$Plug Power(PLUG)$</a>waow","text":"$Plug Power(PLUG)$waow","images":[{"img":"https://static.tigerbbs.com/124a66a54102837a787f46b10d2acd99","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/141301997","isVote":1,"tweetType":1,"viewCount":796,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575847166129245","authorId":"3575847166129245","name":"Ll huat","avatar":"https://static.tigerbbs.com/2dff4b5a66d50eabc86a2180906e1fdb","crmLevel":2,"crmLevelSwitch":0,"idStr":"3575847166129245","authorIdStr":"3575847166129245"},"content":"Waiting for the break out","text":"Waiting for the break out","html":"Waiting for the break out"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":141303047,"gmtCreate":1625837471789,"gmtModify":1703749535514,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"Is this it?","listText":"Is this it?","text":"Is this it?","images":[{"img":"https://static.tigerbbs.com/0cde4fc21ef496242b20bfe30a7c677d","width":"1080","height":"2100"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/141303047","isVote":1,"tweetType":1,"viewCount":341,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":155319165,"gmtCreate":1625374749957,"gmtModify":1703741006267,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"FOLO &amp; YOMO. In my dictionary now!","listText":"FOLO &amp; YOMO. In my dictionary now!","text":"FOLO & YOMO. In my dictionary now!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/155319165","repostId":"1160702483","repostType":4,"repost":{"id":"1160702483","pubTimestamp":1625369888,"share":"https://ttm.financial/m/news/1160702483?lang=&edition=fundamental","pubTime":"2021-07-04 11:38","market":"us","language":"en","title":"Two new stock market acronyms — FOLO and YOMO — can save you a lot of grief (and money)","url":"https://stock-news.laohu8.com/highlight/detail?id=1160702483","media":"MarketWatch","summary":"When stock market investing gets too easy, consider getting out of the market.\n\nYou’ve probably hear","content":"<blockquote>\n <b>When stock market investing gets too easy, consider getting out of the market.</b>\n</blockquote>\n<p>You’ve probably heard about people trading stocks based on two acronyms: FOMO (fear of missing out) and YOLO (you only live once). I searched Twitter for both terms with the word “stocks” included, and here’s what I found:</p>\n<p><img src=\"https://static.tigerbbs.com/4416d357ac2bc16d4fdcf60a3c4c3c56\" tg-width=\"916\" tg-height=\"463\"></p>\n<p>I have a proposition for you. In the name of flipping it, we should consider the following two terms as much more insightful and helpful to investors and traders:</p>\n<p>FOLO (fear of living once)&nbsp; and YOMO (you only miss out).</p>\n<p>Here’s a story I’ve told about how things can go wrong even when you’re think you’re trading well and outperforming the markets seems easy.</p>\n<p>Return to 2004</p>\n<p>It was late January 2004, and I was starting my second full year of running a hedge fund, and I was off to an incredible start to the year. I’d come into 2004 steadily scaling into ever-larger and more aggressive positions in mostly internet core equipment vendors like Nortel, JDSU, and Cisco, not to mention my largest position in Apple, which I’d first bought for the fund back in March of 2003. (I held Apple along with occasional Apple call options until I closed the fund, by the way.) I’d made big money already in my hedge fund, which was full of mostly long positions as the markets had been in a big rebound from their October 2002 lows.</p>\n<p>As 2004 started, the markets were in what I called a Steady Betty Rally Mode at the time, and internet-equipment stocks were the single hottest sector into the new year. I started trimming some of my biggest winners down, including the aforementioned Nortel, JDSU and Cisco, along with any stocks that were up 20%, 30% or even more as January wore on. By late January, I was nearly back up to half in cash and the hedge fund was already up nearly 25% for the year while the broader markets were barely up 5% on the year.</p>\n<p>In the last week of January, the markets turned south and the highest-flying winners of the year, like those that I’d just sold down and taken huge profits on, were the hardest hit. I’d previously learned the hard way over the years that you should never confuse a bull market with genius, but I’d even nailed the near-term top and my whole year was already in the pocket. I was feeling pretty good about myself and my trading prowess and listening to Willie cover Woody Guthrie’s classic, “Stay a little longer” chuckling about how I’d left before the party was busted!</p>\n<p>By early February, I was “only” up just over 20% on the year, as I still had half my fund in stocks and a few options, but the markets were now down year to date and the stocks I’d so smartly sold down at the top had themselves pulled back 20%-30% from their highs. They finally were stabilizing and the charts started to turn upward as the stocks were flattish to down on the year.</p>\n<p>Here I was sitting on a huge pile of cash and feeling like a genius for having sold at the top and here was a chance to just slowly start rebuilding and buying some new stocks while they were down. I started to buy back a few shares and to put just a little bit of that 50% cash, along with more cash coming in, to work in the markets.</p>\n<p>By the time March rolled around, I was back fully invested and mostly long, up single digits on the year, and the markets were down about 10% or so on the year. One morning as I walked into my hedge fund hotel office that I rented from Bear Stearns on the 40th floor in midtown New York, I was shocked to see the Nasdaq futures were down huge. I pulled up the Bloomberg terminal and my heart sank as the headline screamed “Nortel admits fraud; Major telecom equipment vendors under investigation” or something along those lines. Nortel was cut in half and most every internet-equipment-related stock in the market was down 20% or more on the day. I puked my guts out that whole day and cried myself to sleep that night.</p>\n<p>I spent the rest of the year digging out of that hole and getting back ahead of the market and had a lot of success in that hedge fund from that bottom.</p>\n<p>Lesson of the week — do not dig yourself a hole, OK?</p>\n<p>Foreshadowing</p>\n<p>Here’s something I wrote in 2007, the last time I started turning from bullish to bearish and eventually traded my hedge fund for a TV gig right before the markets started tanking in late 2007: “Concerned about complacency” (May 3, 2007).</p>\n<p>Here’s an excerpt:</p>\n<p><i>I’m worried. That’s no news flash, as I’m&nbsp;always&nbsp;worried, but I am really concerned about the complacency out there. Earnings are great, as evidenced by the booming season we’re experiencing. The global economy is lifting a lot of boats. And every time I try to get bearish, I feel almost silly when the action, fundamentals and environment are this strong.</i></p>\n<p><i>Just about everybody is long real estate. … Wasn’t almost every rationalization for why we shouldn’t fret about any real estate bubble true when real estate crashed the last few times?</i></p>\n<p><i>Last month, the IMF reported that “the global economy remains on track for robust growth in 2007 and 2008. … Moreover, downside risks to the outlook seem less threatening than at the time of the September 2006&nbsp;World Economic Outlook.” Has the IMF ever gotten the outlook right?</i></p>\n<p><i>This utter disregard for risk permeates the sell side, too, as evidenced by this broker note from Bear this morning: “Worries —&nbsp;the market is running out of major concerns.” Not surprisingly, I suppose, I’m going to&nbsp;flip&nbsp;that statement as I find I have more major concerns about the market and economy today than I’ve had at any point in the past five years.</i></p>\n<p><i>A&nbsp;Citi&nbsp;board member recently told me that I had a “lot of guts” for having launched a tech fund in October 2002. I think you’d have to have a lot of guts to launch a tech fund in May 2007! I’m focusing more on the short side than anything else right now.</i></p>\n<p>Beware when things are too easy</p>\n<p>Cody&nbsp;back in real time, 2021. I’m not saying the markets are about to tank like they did in 2008. But I am saying, once again, that I know way too many random hard-working people who are convinced that they can make big money in cryptos and meme stocks and by trading, trading, trading.</p>\n<p>And all my analysis points to an unfortunate risk/reward set up for the aggressive bulls here.</p>\n<p>That story above about Nortel: I’m here to tell you that you won’t always get a chance to sell when the charts stop working. You don’t always get a chance to lock in your gains while you think it’s easy.</p>\n<p>I’ve been in this business, picking stocks and helping people manage their money for 25 years, and it seems obvious to me that trading and investing and making profits and keeping those profits is very hard to do over many years. There are times it seems easy. That’s often the best time to get cautious. Because if it really were easy, nobody would work their real jobs. We could all just trade stocks to each other all day and make all the money we need. Yeah, right.</p>\n<p>I have a new name or two I’m digging hard into this week, one in AI and another that’s trying to revolutionize long-term gig employment trends. Until then, I’m staying steady as she goes, even as so many others think YOLO and FOMO are just fun, little acronyms.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Two new stock market acronyms — FOLO and YOMO — can save you a lot of grief (and money)</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\">\nTwo new stock market acronyms — FOLO and YOMO — can save you a lot of grief (and money)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-04 11:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/two-new-stock-market-acronyms-folo-and-yomo-can-save-you-a-lot-of-grief-and-money-11625247142?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When stock market investing gets too easy, consider getting out of the market.\n\nYou’ve probably heard about people trading stocks based on two acronyms: FOMO (fear of missing out) and YOLO (you only ...</p>\n\n<a href=\"https://www.marketwatch.com/story/two-new-stock-market-acronyms-folo-and-yomo-can-save-you-a-lot-of-grief-and-money-11625247142?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/two-new-stock-market-acronyms-folo-and-yomo-can-save-you-a-lot-of-grief-and-money-11625247142?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160702483","content_text":"When stock market investing gets too easy, consider getting out of the market.\n\nYou’ve probably heard about people trading stocks based on two acronyms: FOMO (fear of missing out) and YOLO (you only live once). I searched Twitter for both terms with the word “stocks” included, and here’s what I found:\n\nI have a proposition for you. In the name of flipping it, we should consider the following two terms as much more insightful and helpful to investors and traders:\nFOLO (fear of living once)  and YOMO (you only miss out).\nHere’s a story I’ve told about how things can go wrong even when you’re think you’re trading well and outperforming the markets seems easy.\nReturn to 2004\nIt was late January 2004, and I was starting my second full year of running a hedge fund, and I was off to an incredible start to the year. I’d come into 2004 steadily scaling into ever-larger and more aggressive positions in mostly internet core equipment vendors like Nortel, JDSU, and Cisco, not to mention my largest position in Apple, which I’d first bought for the fund back in March of 2003. (I held Apple along with occasional Apple call options until I closed the fund, by the way.) I’d made big money already in my hedge fund, which was full of mostly long positions as the markets had been in a big rebound from their October 2002 lows.\nAs 2004 started, the markets were in what I called a Steady Betty Rally Mode at the time, and internet-equipment stocks were the single hottest sector into the new year. I started trimming some of my biggest winners down, including the aforementioned Nortel, JDSU and Cisco, along with any stocks that were up 20%, 30% or even more as January wore on. By late January, I was nearly back up to half in cash and the hedge fund was already up nearly 25% for the year while the broader markets were barely up 5% on the year.\nIn the last week of January, the markets turned south and the highest-flying winners of the year, like those that I’d just sold down and taken huge profits on, were the hardest hit. I’d previously learned the hard way over the years that you should never confuse a bull market with genius, but I’d even nailed the near-term top and my whole year was already in the pocket. I was feeling pretty good about myself and my trading prowess and listening to Willie cover Woody Guthrie’s classic, “Stay a little longer” chuckling about how I’d left before the party was busted!\nBy early February, I was “only” up just over 20% on the year, as I still had half my fund in stocks and a few options, but the markets were now down year to date and the stocks I’d so smartly sold down at the top had themselves pulled back 20%-30% from their highs. They finally were stabilizing and the charts started to turn upward as the stocks were flattish to down on the year.\nHere I was sitting on a huge pile of cash and feeling like a genius for having sold at the top and here was a chance to just slowly start rebuilding and buying some new stocks while they were down. I started to buy back a few shares and to put just a little bit of that 50% cash, along with more cash coming in, to work in the markets.\nBy the time March rolled around, I was back fully invested and mostly long, up single digits on the year, and the markets were down about 10% or so on the year. One morning as I walked into my hedge fund hotel office that I rented from Bear Stearns on the 40th floor in midtown New York, I was shocked to see the Nasdaq futures were down huge. I pulled up the Bloomberg terminal and my heart sank as the headline screamed “Nortel admits fraud; Major telecom equipment vendors under investigation” or something along those lines. Nortel was cut in half and most every internet-equipment-related stock in the market was down 20% or more on the day. I puked my guts out that whole day and cried myself to sleep that night.\nI spent the rest of the year digging out of that hole and getting back ahead of the market and had a lot of success in that hedge fund from that bottom.\nLesson of the week — do not dig yourself a hole, OK?\nForeshadowing\nHere’s something I wrote in 2007, the last time I started turning from bullish to bearish and eventually traded my hedge fund for a TV gig right before the markets started tanking in late 2007: “Concerned about complacency” (May 3, 2007).\nHere’s an excerpt:\nI’m worried. That’s no news flash, as I’m always worried, but I am really concerned about the complacency out there. Earnings are great, as evidenced by the booming season we’re experiencing. The global economy is lifting a lot of boats. And every time I try to get bearish, I feel almost silly when the action, fundamentals and environment are this strong.\nJust about everybody is long real estate. … Wasn’t almost every rationalization for why we shouldn’t fret about any real estate bubble true when real estate crashed the last few times?\nLast month, the IMF reported that “the global economy remains on track for robust growth in 2007 and 2008. … Moreover, downside risks to the outlook seem less threatening than at the time of the September 2006 World Economic Outlook.” Has the IMF ever gotten the outlook right?\nThis utter disregard for risk permeates the sell side, too, as evidenced by this broker note from Bear this morning: “Worries — the market is running out of major concerns.” Not surprisingly, I suppose, I’m going to flip that statement as I find I have more major concerns about the market and economy today than I’ve had at any point in the past five years.\nA Citi board member recently told me that I had a “lot of guts” for having launched a tech fund in October 2002. I think you’d have to have a lot of guts to launch a tech fund in May 2007! I’m focusing more on the short side than anything else right now.\nBeware when things are too easy\nCody back in real time, 2021. I’m not saying the markets are about to tank like they did in 2008. But I am saying, once again, that I know way too many random hard-working people who are convinced that they can make big money in cryptos and meme stocks and by trading, trading, trading.\nAnd all my analysis points to an unfortunate risk/reward set up for the aggressive bulls here.\nThat story above about Nortel: I’m here to tell you that you won’t always get a chance to sell when the charts stop working. You don’t always get a chance to lock in your gains while you think it’s easy.\nI’ve been in this business, picking stocks and helping people manage their money for 25 years, and it seems obvious to me that trading and investing and making profits and keeping those profits is very hard to do over many years. There are times it seems easy. That’s often the best time to get cautious. Because if it really were easy, nobody would work their real jobs. We could all just trade stocks to each other all day and make all the money we need. Yeah, right.\nI have a new name or two I’m digging hard into this week, one in AI and another that’s trying to revolutionize long-term gig employment trends. Until then, I’m staying steady as she goes, even as so many others think YOLO and FOMO are just fun, little acronyms.","news_type":1},"isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156403429,"gmtCreate":1625233136561,"gmtModify":1703738981579,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156403429","repostId":"1143730164","repostType":4,"repost":{"id":"1143730164","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":1625232741,"share":"https://ttm.financial/m/news/1143730164?lang=&edition=fundamental","pubTime":"2021-07-02 21:32","market":"us","language":"en","title":"S&P 500 hits another record high after better-than-expected June jobs report","url":"https://stock-news.laohu8.com/highlight/detail?id=1143730164","media":"Tiger Newspress","summary":"Stocks rose at the open and the S&P 500 hit another record high after the June jobs report showed an","content":"<p>Stocks rose at the open and the S&amp;P 500 hit another record high after the June jobs report showed an accelerating recovery for the U.S. labor market.</p>\n<p>The broad market index rose 0.3%, while the tech heavy Nasdaq Composite climbed 0.4% to hit its own intraday all-time high. The Dow Jones Industrial Average added about 56 points.</p>\n<p><img src=\"https://static.tigerbbs.com/4f3cabb658ab868b3aef719ade8fac66\" tg-width=\"1039\" tg-height=\"451\" referrerpolicy=\"no-referrer\"></p>\n<p>The economy&nbsp;added 850,000 jobs last month, according to the Bureau of Labor Statistics. Economists surveyed by Dow Jones were expecting an addition of 706,000. The print topped the 559,000 jobs created in May.</p>\n<p>The unemployment rate did come in at 5.9%, higher than expected.</p>\n<p>\"This is a strong report and should be taken as a sign of things to come for an accelerating labor market,\" Aberdeen Standard Investments deputy chief economist James McCann said in a note.</p>\n<p>“Today’s data won’t change the Fed’s view. An acceleration in the labor market like the one signaled in this report is exactly what they were anticipating,” McCann added. “The pick-up in hiring should tell the central bank that firms are having more success finding workers, which will ease concerns about a more protracted period of increasing wages. What will happen now is that investors will really focus in on when the Fed is likely to announce a tapering of its asset purchases.”</p>\n<p>Wages rose 0.3% for the month and are up 3.6% year over year, matching expectations.</p>\n<p>“The data for recent months suggest that the rising demand for labor associated with the recovery from the pandemic may have put upward pressure on wages,” the Bureau of Labor Statistics said in its report.</p>\n<p>Despite the uncertainty entering the jobs report, equity markets have been on a strong run in recent days and&nbsp;continued to post records on Thursday.</p>\n<p>The S&amp;P 500 rose 0.5% during Thursday’s regular session and notched its sixth-straight record close, finishing above 4,300 for the first time at 4,319.94. The Dow Jones Industrial Average was higher by 131 points to close at 34,633.53, while the tech-heavy Nasdaq Composite ticked up about 0.1% to 14,522.38.</p>\n<p>Those gains added to already-robust 2021 market returns.</p>\n<p>The economic rebound sparked by vaccine deployment and looser Covid-19 restrictions helped the S&amp;P 500 rise by more than 14% in the first half of the year. The Dow and Nasdaq also posting double-digit percentage gains during the six months ended June 30.</p>\n<p>For the week, the Nasdaq Composite was up 1.1% as of Thursday’s close. The S&amp;P 500 and Dow were up about 0.9% and 0.6%, respectively.</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>S&P 500 hits another record high after better-than-expected June jobs report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 hits another record high after better-than-expected June jobs report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-02 21:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Stocks rose at the open and the S&amp;P 500 hit another record high after the June jobs report showed an accelerating recovery for the U.S. labor market.</p>\n<p>The broad market index rose 0.3%, while the tech heavy Nasdaq Composite climbed 0.4% to hit its own intraday all-time high. The Dow Jones Industrial Average added about 56 points.</p>\n<p><img src=\"https://static.tigerbbs.com/4f3cabb658ab868b3aef719ade8fac66\" tg-width=\"1039\" tg-height=\"451\" referrerpolicy=\"no-referrer\"></p>\n<p>The economy&nbsp;added 850,000 jobs last month, according to the Bureau of Labor Statistics. Economists surveyed by Dow Jones were expecting an addition of 706,000. The print topped the 559,000 jobs created in May.</p>\n<p>The unemployment rate did come in at 5.9%, higher than expected.</p>\n<p>\"This is a strong report and should be taken as a sign of things to come for an accelerating labor market,\" Aberdeen Standard Investments deputy chief economist James McCann said in a note.</p>\n<p>“Today’s data won’t change the Fed’s view. An acceleration in the labor market like the one signaled in this report is exactly what they were anticipating,” McCann added. “The pick-up in hiring should tell the central bank that firms are having more success finding workers, which will ease concerns about a more protracted period of increasing wages. What will happen now is that investors will really focus in on when the Fed is likely to announce a tapering of its asset purchases.”</p>\n<p>Wages rose 0.3% for the month and are up 3.6% year over year, matching expectations.</p>\n<p>“The data for recent months suggest that the rising demand for labor associated with the recovery from the pandemic may have put upward pressure on wages,” the Bureau of Labor Statistics said in its report.</p>\n<p>Despite the uncertainty entering the jobs report, equity markets have been on a strong run in recent days and&nbsp;continued to post records on Thursday.</p>\n<p>The S&amp;P 500 rose 0.5% during Thursday’s regular session and notched its sixth-straight record close, finishing above 4,300 for the first time at 4,319.94. The Dow Jones Industrial Average was higher by 131 points to close at 34,633.53, while the tech-heavy Nasdaq Composite ticked up about 0.1% to 14,522.38.</p>\n<p>Those gains added to already-robust 2021 market returns.</p>\n<p>The economic rebound sparked by vaccine deployment and looser Covid-19 restrictions helped the S&amp;P 500 rise by more than 14% in the first half of the year. The Dow and Nasdaq also posting double-digit percentage gains during the six months ended June 30.</p>\n<p>For the week, the Nasdaq Composite was up 1.1% as of Thursday’s close. The S&amp;P 500 and Dow were up about 0.9% and 0.6%, respectively.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143730164","content_text":"Stocks rose at the open and the S&P 500 hit another record high after the June jobs report showed an accelerating recovery for the U.S. labor market.\nThe broad market index rose 0.3%, while the tech heavy Nasdaq Composite climbed 0.4% to hit its own intraday all-time high. The Dow Jones Industrial Average added about 56 points.\n\nThe economy added 850,000 jobs last month, according to the Bureau of Labor Statistics. Economists surveyed by Dow Jones were expecting an addition of 706,000. The print topped the 559,000 jobs created in May.\nThe unemployment rate did come in at 5.9%, higher than expected.\n\"This is a strong report and should be taken as a sign of things to come for an accelerating labor market,\" Aberdeen Standard Investments deputy chief economist James McCann said in a note.\n“Today’s data won’t change the Fed’s view. An acceleration in the labor market like the one signaled in this report is exactly what they were anticipating,” McCann added. “The pick-up in hiring should tell the central bank that firms are having more success finding workers, which will ease concerns about a more protracted period of increasing wages. What will happen now is that investors will really focus in on when the Fed is likely to announce a tapering of its asset purchases.”\nWages rose 0.3% for the month and are up 3.6% year over year, matching expectations.\n“The data for recent months suggest that the rising demand for labor associated with the recovery from the pandemic may have put upward pressure on wages,” the Bureau of Labor Statistics said in its report.\nDespite the uncertainty entering the jobs report, equity markets have been on a strong run in recent days and continued to post records on Thursday.\nThe S&P 500 rose 0.5% during Thursday’s regular session and notched its sixth-straight record close, finishing above 4,300 for the first time at 4,319.94. The Dow Jones Industrial Average was higher by 131 points to close at 34,633.53, while the tech-heavy Nasdaq Composite ticked up about 0.1% to 14,522.38.\nThose gains added to already-robust 2021 market returns.\nThe economic rebound sparked by vaccine deployment and looser Covid-19 restrictions helped the S&P 500 rise by more than 14% in the first half of the year. The Dow and Nasdaq also posting double-digit percentage gains during the six months ended June 30.\nFor the week, the Nasdaq Composite was up 1.1% as of Thursday’s close. The S&P 500 and Dow were up about 0.9% and 0.6%, respectively.","news_type":1},"isVote":1,"tweetType":1,"viewCount":174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158511259,"gmtCreate":1625155252771,"gmtModify":1703737417666,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"Wowowowow&nbsp;<a href=\"https://laohu8.com/S/ASTR\">$Holicity Inc(ASTR)$</a>","listText":"Wowowowow&nbsp;<a href=\"https://laohu8.com/S/ASTR\">$Holicity Inc(ASTR)$</a>","text":"Wowowowow $Holicity Inc(ASTR)$","images":[{"img":"https://static.tigerbbs.com/c00a594c5e26324a6f8bb75f8990e652","width":"1080","height":"3010"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/158511259","isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":158860665,"gmtCreate":1625144240157,"gmtModify":1703737025657,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"More than ever, strong&nbsp;conviction needed to put down crypto investors.&nbsp;","listText":"More than ever, strong&nbsp;conviction needed to put down crypto investors.&nbsp;","text":"More than ever, strong conviction needed to put down crypto investors.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/158860665","repostId":"1169009241","repostType":4,"repost":{"id":"1169009241","pubTimestamp":1625143780,"share":"https://ttm.financial/m/news/1169009241?lang=&edition=fundamental","pubTime":"2021-07-01 20:49","market":"us","language":"en","title":"Singapore to Follow Up With Binance in Wake of Global Crackdown","url":"https://stock-news.laohu8.com/highlight/detail?id=1169009241","media":"Bloomberg","summary":"Binance Asia has applied for license to operate in Singapore\nBinance, affiliates face scrutiny in th","content":"<ul>\n <li>Binance Asia has applied for license to operate in Singapore</li>\n <li>Binance, affiliates face scrutiny in the U.S., U.K. and Japan</li>\n</ul>\n<p>Singapore’s financial regulator said it would follow up as required with the local unit of&nbsp;Binance Holdings Ltd.&nbsp;after its parent company came under scrutiny from authorities around the world.</p>\n<p>Binance Asia Services Pte. has a grace period during which it can operate in the city-state while the Monetary Authority of Singapore reviews its application for a license to provide digital payment token services, the regulator said Thursday. A number of other companies are undergoing a similar assessment and can continue their operations in the meantime, a MAS representative said in response to queries from Bloomberg.</p>\n<p>“We are aware of the actions taken by other regulatory authorities against Binance and will follow up as appropriate,” the authority said.</p>\n<p>The cryptocurrency sector is in the midst of a regulatory crackdown as authorities from China to the U.S. grow concerned about its potential to facilitate money laundering and fraud. In one of the most significant actions to date, an affiliate of Binance Holdings -- the top global crypto bourse -- was&nbsp;banned&nbsp;from doing regulated business in the U.K.</p>\n<p>The parent company is being&nbsp;probed&nbsp;by several agencies in the U.S., Bloomberg News has reported, and Japan’s Financial Services Agency warned that it offered crypto services without registration.</p>\n<p>Binance is seeking a license that would legitimize its operations in Singapore, along with crypto firms including New York-based Gemini Trust Co. LLC and Hong Kong-based Crypto.com.</p>\n<p>Binance Asia Services is a separate legal entity and does not offer any products or services via the&nbsp;Binance.com&nbsp;website or Binance Markets Ltd., the company said by email. The Singapore entity is backed by Vertex Ventures Holdings, and focuses on growing the local blockchain ecosystem and servicing users here, it said.</p>\n<p>“It is important to note that we take a collaborative approach in working with regulators and we take our compliance obligations very seriously,” Binance said in the email. “We are actively keeping abreast of changing policies, rules and laws in this new space.”</p>\n<p>The MAS said it is applying “robust standards” in assessing applications, and considers a number of factors such as the applicant’s ability to implement strong measures against illicit flows, as well as fitness and propriety of shareholders and key appointment holders.</p>\n<p>Many applicants dropped out of the race as they were unable to meet the standards laid out under last year’s Payment Services Act, the MAS said.</p>\n<p>Applicants will be “subject to close scrutiny in the licensing process and ongoing supervision by MAS,” the regulator said.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore to Follow Up With Binance in Wake of Global Crackdown</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\">\nSingapore to Follow Up With Binance in Wake of Global Crackdown\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 20:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-01/singapore-to-follow-up-with-binance-in-wake-of-global-crackdown><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Binance Asia has applied for license to operate in Singapore\nBinance, affiliates face scrutiny in the U.S., U.K. and Japan\n\nSingapore’s financial regulator said it would follow up as required with the...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-01/singapore-to-follow-up-with-binance-in-wake-of-global-crackdown\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-01/singapore-to-follow-up-with-binance-in-wake-of-global-crackdown","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169009241","content_text":"Binance Asia has applied for license to operate in Singapore\nBinance, affiliates face scrutiny in the U.S., U.K. and Japan\n\nSingapore’s financial regulator said it would follow up as required with the local unit of Binance Holdings Ltd. after its parent company came under scrutiny from authorities around the world.\nBinance Asia Services Pte. has a grace period during which it can operate in the city-state while the Monetary Authority of Singapore reviews its application for a license to provide digital payment token services, the regulator said Thursday. A number of other companies are undergoing a similar assessment and can continue their operations in the meantime, a MAS representative said in response to queries from Bloomberg.\n“We are aware of the actions taken by other regulatory authorities against Binance and will follow up as appropriate,” the authority said.\nThe cryptocurrency sector is in the midst of a regulatory crackdown as authorities from China to the U.S. grow concerned about its potential to facilitate money laundering and fraud. In one of the most significant actions to date, an affiliate of Binance Holdings -- the top global crypto bourse -- was banned from doing regulated business in the U.K.\nThe parent company is being probed by several agencies in the U.S., Bloomberg News has reported, and Japan’s Financial Services Agency warned that it offered crypto services without registration.\nBinance is seeking a license that would legitimize its operations in Singapore, along with crypto firms including New York-based Gemini Trust Co. LLC and Hong Kong-based Crypto.com.\nBinance Asia Services is a separate legal entity and does not offer any products or services via the Binance.com website or Binance Markets Ltd., the company said by email. The Singapore entity is backed by Vertex Ventures Holdings, and focuses on growing the local blockchain ecosystem and servicing users here, it said.\n“It is important to note that we take a collaborative approach in working with regulators and we take our compliance obligations very seriously,” Binance said in the email. “We are actively keeping abreast of changing policies, rules and laws in this new space.”\nThe MAS said it is applying “robust standards” in assessing applications, and considers a number of factors such as the applicant’s ability to implement strong measures against illicit flows, as well as fitness and propriety of shareholders and key appointment holders.\nMany applicants dropped out of the race as they were unable to meet the standards laid out under last year’s Payment Services Act, the MAS said.\nApplicants will be “subject to close scrutiny in the licensing process and ongoing supervision by MAS,” the regulator said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158884021,"gmtCreate":1625144074663,"gmtModify":1703737019441,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"Is this good?","listText":"Is this good?","text":"Is this good?","images":[{"img":"https://static.tigerbbs.com/d25f6627628d117aa3d7100b4d007a89","width":"1080","height":"3097"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/158884021","isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":153709102,"gmtCreate":1625047181706,"gmtModify":1703850831678,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>ooooooh","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>ooooooh","text":"$Palantir Technologies Inc.(PLTR)$ooooooh","images":[{"img":"https://static.tigerbbs.com/d3cf3b6820c4ace1c73329d0e91d1ad9","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/153709102","isVote":1,"tweetType":1,"viewCount":394,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":153700482,"gmtCreate":1625047143346,"gmtModify":1703850831186,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>ooooooohh","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>ooooooohh","text":"$Palantir Technologies Inc.(PLTR)$ooooooohh","images":[{"img":"https://static.tigerbbs.com/d3cf3b6820c4ace1c73329d0e91d1ad9","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/153700482","isVote":1,"tweetType":1,"viewCount":174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":122580559,"gmtCreate":1624627916571,"gmtModify":1703842088644,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a>dropping now","listText":"<a href=\"https://laohu8.com/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a>dropping now","text":"$SoFi Technologies Inc.(SOFI)$dropping now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/122580559","isVote":1,"tweetType":1,"viewCount":824,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126275397,"gmtCreate":1624577414319,"gmtModify":1703840604540,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NKE\">$Nike(NKE)$</a>in Dreamland","listText":"<a href=\"https://laohu8.com/S/NKE\">$Nike(NKE)$</a>in Dreamland","text":"$Nike(NKE)$in Dreamland","images":[{"img":"https://static.tigerbbs.com/215670596fb161d1434283f202c4d83e","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126275397","isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":123934259,"gmtCreate":1624406211871,"gmtModify":1703835557745,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"Goodness!","listText":"Goodness!","text":"Goodness!","images":[{"img":"https://static.tigerbbs.com/8d2c5c2b1ea4d5116898a7afb952b151","width":"1080","height":"2187"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123934259","isVote":1,"tweetType":1,"viewCount":175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":132520788,"gmtCreate":1622101005244,"gmtModify":1704179470650,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AYRO\">$AYRO, Inc.(AYRO)$</a>patience, my friend...","listText":"<a href=\"https://laohu8.com/S/AYRO\">$AYRO, Inc.(AYRO)$</a>patience, my friend...","text":"$AYRO, Inc.(AYRO)$patience, my friend...","images":[{"img":"https://static.tigerbbs.com/074d22fdbb257eacd4c9554a0b9a8c88","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/132520788","isVote":1,"tweetType":1,"viewCount":523,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3565004892423880","authorId":"3565004892423880","name":"Chimmy","avatar":"https://static.tigerbbs.com/eb71d738ca2f4da611b425823ebf3c60","crmLevel":4,"crmLevelSwitch":0,"idStr":"3565004892423880","authorIdStr":"3565004892423880"},"content":"Been in before the correction and regret getting this. Looming to dump once and if it gets back up to the price I bought in at","text":"Been in before the correction and regret getting this. Looming to dump once and if it gets back up to the price I bought in at","html":"Been in before the correction and regret getting this. Looming to dump once and if it gets back up to the price I bought in at"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":344564950,"gmtCreate":1618416405970,"gmtModify":1704710595689,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"Go go go go!<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>","listText":"Go go go go!<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>","text":"Go go go go!$Tiger Brokers(TIGR)$","images":[{"img":"https://static.tigerbbs.com/fce096346fa6f9d4beabd790058523b1","width":"1080","height":"2713"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/344564950","isVote":1,"tweetType":1,"viewCount":638,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3572275707559469","authorId":"3572275707559469","name":"bluekite","avatar":"https://static.tigerbbs.com/8c63959b064a34c40a8247802dc47ada","crmLevel":3,"crmLevelSwitch":0,"idStr":"3572275707559469","authorIdStr":"3572275707559469"},"content":"Nine turns? Do you mean to call back again?","text":"Nine turns? Do you mean to call back again?","html":"Nine turns? Do you mean to call back again?"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":117594886,"gmtCreate":1623149184345,"gmtModify":1704197073444,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"Anymore upside for&nbsp;<a href=\"https://laohu8.com/S/SENS\">$Senseonics(SENS)$</a>? Comments me below!!","listText":"Anymore upside for&nbsp;<a href=\"https://laohu8.com/S/SENS\">$Senseonics(SENS)$</a>? Comments me below!!","text":"Anymore upside for $Senseonics(SENS)$? Comments me below!!","images":[{"img":"https://static.tigerbbs.com/a9d070b0a5e558333890d5d1f4da2c4e","width":"1080","height":"2737"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/117594886","isVote":1,"tweetType":1,"viewCount":330,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":122580559,"gmtCreate":1624627916571,"gmtModify":1703842088644,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a>dropping now","listText":"<a href=\"https://laohu8.com/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a>dropping now","text":"$SoFi Technologies Inc.(SOFI)$dropping now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/122580559","isVote":1,"tweetType":1,"viewCount":824,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129047910,"gmtCreate":1624348083730,"gmtModify":1703834085603,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HIMX\">$Himax(HIMX)$</a>wey hey hey","listText":"<a href=\"https://laohu8.com/S/HIMX\">$Himax(HIMX)$</a>wey hey hey","text":"$Himax(HIMX)$wey hey hey","images":[{"img":"https://static.tigerbbs.com/01cca3dbde8cc59aaacc503f90f9d9bf","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/129047910","isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":345485629,"gmtCreate":1618330213761,"gmtModify":1704709333408,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>going thru last Resistance... be on Alert!&nbsp;And dont forget your Stop Loss too!&nbsp;","listText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>going thru last Resistance... be on Alert!&nbsp;And dont forget your Stop Loss too!&nbsp;","text":"$Bionano Genomics(BNGO)$going thru last Resistance... be on Alert! And dont forget your Stop Loss too!","images":[{"img":"https://static.tigerbbs.com/74da1fe7d39be0f381503efb6602b2b9","width":"2400","height":"1080"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/345485629","isVote":1,"tweetType":1,"viewCount":647,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":388405041,"gmtCreate":1613069884783,"gmtModify":1704878197562,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/IPOE\">$Social Capital Hedosophia Holdings Corp. V(IPOE)$</a>considering to add position..&nbsp;Anyone else?&nbsp;","listText":"<a href=\"https://laohu8.com/S/IPOE\">$Social Capital Hedosophia Holdings Corp. V(IPOE)$</a>considering to add position..&nbsp;Anyone else?&nbsp;","text":"$Social Capital Hedosophia Holdings Corp. V(IPOE)$considering to add position.. Anyone else?","images":[{"img":"https://static.tigerbbs.com/e6f28fc1d50999b82b7c6640edc46e11","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/388405041","isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":153709102,"gmtCreate":1625047181706,"gmtModify":1703850831678,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>ooooooh","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>ooooooh","text":"$Palantir Technologies Inc.(PLTR)$ooooooh","images":[{"img":"https://static.tigerbbs.com/d3cf3b6820c4ace1c73329d0e91d1ad9","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/153709102","isVote":1,"tweetType":1,"viewCount":394,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":362809713,"gmtCreate":1614610507332,"gmtModify":1704773060992,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AYRO\">$AYRO, Inc.(AYRO)$</a>how ahh? Financials are all okay, technicals are okay too. Whyyylidat?","listText":"<a href=\"https://laohu8.com/S/AYRO\">$AYRO, Inc.(AYRO)$</a>how ahh? Financials are all okay, technicals are okay too. Whyyylidat?","text":"$AYRO, Inc.(AYRO)$how ahh? Financials are all okay, technicals are okay too. Whyyylidat?","images":[{"img":"https://static.tigerbbs.com/0ee3b168cf24d5a3a0bc0792dc9cda09","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/362809713","isVote":1,"tweetType":1,"viewCount":675,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3565004892423880","authorId":"3565004892423880","name":"Chimmy","avatar":"https://static.tigerbbs.com/eb71d738ca2f4da611b425823ebf3c60","crmLevel":4,"crmLevelSwitch":0,"idStr":"3565004892423880","authorIdStr":"3565004892423880"},"content":"Well. Have been holding since $9.50 weeks ago and nothing buy red days. Not sure when people will realize its actually an undervalued stock","text":"Well. Have been holding since $9.50 weeks ago and nothing buy red days. Not sure when people will realize its actually an undervalued stock","html":"Well. Have been holding since $9.50 weeks ago and nothing buy red days. Not sure when people will realize its actually an undervalued stock"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":147492073,"gmtCreate":1626372427892,"gmtModify":1703758920843,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NKE\">$Nike(NKE)$</a>stay strong now ok!!","listText":"<a href=\"https://laohu8.com/S/NKE\">$Nike(NKE)$</a>stay strong now ok!!","text":"$Nike(NKE)$stay strong now ok!!","images":[{"img":"https://static.tigerbbs.com/ef9ee30619f3b75c50873b8acb933928","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147492073","isVote":1,"tweetType":1,"viewCount":439,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":116739611,"gmtCreate":1622818301233,"gmtModify":1704191878245,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>?","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>?","text":"$Palantir Technologies Inc.(PLTR)$?","images":[{"img":"https://static.tigerbbs.com/099adfa5a8ca0752aaac36f73ee5eeff","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116739611","isVote":1,"tweetType":1,"viewCount":163,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":804058897,"gmtCreate":1627913375319,"gmtModify":1703497787827,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/XCUR\">$Exicure, Inc.(XCUR)$</a>woot woot!&nbsp;","listText":"<a href=\"https://laohu8.com/S/XCUR\">$Exicure, Inc.(XCUR)$</a>woot woot!&nbsp;","text":"$Exicure, Inc.(XCUR)$woot woot!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804058897","isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141301997,"gmtCreate":1625837514819,"gmtModify":1703749536831,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLUG\">$Plug Power(PLUG)$</a>waow","listText":"<a href=\"https://laohu8.com/S/PLUG\">$Plug Power(PLUG)$</a>waow","text":"$Plug Power(PLUG)$waow","images":[{"img":"https://static.tigerbbs.com/124a66a54102837a787f46b10d2acd99","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/141301997","isVote":1,"tweetType":1,"viewCount":796,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575847166129245","authorId":"3575847166129245","name":"Ll huat","avatar":"https://static.tigerbbs.com/2dff4b5a66d50eabc86a2180906e1fdb","crmLevel":2,"crmLevelSwitch":0,"idStr":"3575847166129245","authorIdStr":"3575847166129245"},"content":"Waiting for the break out","text":"Waiting for the break out","html":"Waiting for the break out"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":359396432,"gmtCreate":1616337375726,"gmtModify":1704792983340,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AYRO\">$AYRO, Inc.(AYRO)$</a>feel it coming..","listText":"<a href=\"https://laohu8.com/S/AYRO\">$AYRO, Inc.(AYRO)$</a>feel it coming..","text":"$AYRO, Inc.(AYRO)$feel it coming..","images":[{"img":"https://static.tigerbbs.com/24624cfd1d4df6bc4150471d5ba126f1","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/359396432","isVote":1,"tweetType":1,"viewCount":144,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":325815509,"gmtCreate":1615885630401,"gmtModify":1704787915242,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>will get better!","listText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>will get better!","text":"$Bionano Genomics(BNGO)$will get better!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/325815509","isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":381801407,"gmtCreate":1612950252209,"gmtModify":1704876379176,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SENS\">$Senseonics(SENS)$</a>to the moon!&nbsp;","listText":"<a href=\"https://laohu8.com/S/SENS\">$Senseonics(SENS)$</a>to the moon!&nbsp;","text":"$Senseonics(SENS)$to the moon!","images":[{"img":"https://static.tigerbbs.com/b5d67300b88c91db053d05263551d93c","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/381801407","isVote":1,"tweetType":1,"viewCount":84,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":147496429,"gmtCreate":1626372390061,"gmtModify":1703758920481,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AYRO\">$AYRO, Inc.(AYRO)$</a>freefall!!!!","listText":"<a href=\"https://laohu8.com/S/AYRO\">$AYRO, Inc.(AYRO)$</a>freefall!!!!","text":"$AYRO, Inc.(AYRO)$freefall!!!!","images":[{"img":"https://static.tigerbbs.com/5299588a3b04a4e3ddfdfc8a60ca4fc1","width":"1080","height":"2100"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147496429","isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":158511259,"gmtCreate":1625155252771,"gmtModify":1703737417666,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"Wowowowow&nbsp;<a href=\"https://laohu8.com/S/ASTR\">$Holicity Inc(ASTR)$</a>","listText":"Wowowowow&nbsp;<a href=\"https://laohu8.com/S/ASTR\">$Holicity Inc(ASTR)$</a>","text":"Wowowowow $Holicity Inc(ASTR)$","images":[{"img":"https://static.tigerbbs.com/c00a594c5e26324a6f8bb75f8990e652","width":"1080","height":"3010"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/158511259","isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":158860665,"gmtCreate":1625144240157,"gmtModify":1703737025657,"author":{"id":"3569229581224836","authorId":"3569229581224836","name":"Rurulz","avatar":"https://static.tigerbbs.com/09fba295568949361ca317d20e5a600b","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569229581224836","authorIdStr":"3569229581224836"},"themes":[],"htmlText":"More than ever, strong&nbsp;conviction needed to put down crypto investors.&nbsp;","listText":"More than ever, strong&nbsp;conviction needed to put down crypto investors.&nbsp;","text":"More than ever, strong conviction needed to put down crypto investors.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/158860665","repostId":"1169009241","repostType":4,"repost":{"id":"1169009241","pubTimestamp":1625143780,"share":"https://ttm.financial/m/news/1169009241?lang=&edition=fundamental","pubTime":"2021-07-01 20:49","market":"us","language":"en","title":"Singapore to Follow Up With Binance in Wake of Global Crackdown","url":"https://stock-news.laohu8.com/highlight/detail?id=1169009241","media":"Bloomberg","summary":"Binance Asia has applied for license to operate in Singapore\nBinance, affiliates face scrutiny in th","content":"<ul>\n <li>Binance Asia has applied for license to operate in Singapore</li>\n <li>Binance, affiliates face scrutiny in the U.S., U.K. and Japan</li>\n</ul>\n<p>Singapore’s financial regulator said it would follow up as required with the local unit of&nbsp;Binance Holdings Ltd.&nbsp;after its parent company came under scrutiny from authorities around the world.</p>\n<p>Binance Asia Services Pte. has a grace period during which it can operate in the city-state while the Monetary Authority of Singapore reviews its application for a license to provide digital payment token services, the regulator said Thursday. A number of other companies are undergoing a similar assessment and can continue their operations in the meantime, a MAS representative said in response to queries from Bloomberg.</p>\n<p>“We are aware of the actions taken by other regulatory authorities against Binance and will follow up as appropriate,” the authority said.</p>\n<p>The cryptocurrency sector is in the midst of a regulatory crackdown as authorities from China to the U.S. grow concerned about its potential to facilitate money laundering and fraud. In one of the most significant actions to date, an affiliate of Binance Holdings -- the top global crypto bourse -- was&nbsp;banned&nbsp;from doing regulated business in the U.K.</p>\n<p>The parent company is being&nbsp;probed&nbsp;by several agencies in the U.S., Bloomberg News has reported, and Japan’s Financial Services Agency warned that it offered crypto services without registration.</p>\n<p>Binance is seeking a license that would legitimize its operations in Singapore, along with crypto firms including New York-based Gemini Trust Co. LLC and Hong Kong-based Crypto.com.</p>\n<p>Binance Asia Services is a separate legal entity and does not offer any products or services via the&nbsp;Binance.com&nbsp;website or Binance Markets Ltd., the company said by email. The Singapore entity is backed by Vertex Ventures Holdings, and focuses on growing the local blockchain ecosystem and servicing users here, it said.</p>\n<p>“It is important to note that we take a collaborative approach in working with regulators and we take our compliance obligations very seriously,” Binance said in the email. “We are actively keeping abreast of changing policies, rules and laws in this new space.”</p>\n<p>The MAS said it is applying “robust standards” in assessing applications, and considers a number of factors such as the applicant’s ability to implement strong measures against illicit flows, as well as fitness and propriety of shareholders and key appointment holders.</p>\n<p>Many applicants dropped out of the race as they were unable to meet the standards laid out under last year’s Payment Services Act, the MAS said.</p>\n<p>Applicants will be “subject to close scrutiny in the licensing process and ongoing supervision by MAS,” the regulator said.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore to Follow Up With Binance in Wake of Global Crackdown</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore to Follow Up With Binance in Wake of Global Crackdown\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 20:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-01/singapore-to-follow-up-with-binance-in-wake-of-global-crackdown><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Binance Asia has applied for license to operate in Singapore\nBinance, affiliates face scrutiny in the U.S., U.K. and Japan\n\nSingapore’s financial regulator said it would follow up as required with the...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-01/singapore-to-follow-up-with-binance-in-wake-of-global-crackdown\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-01/singapore-to-follow-up-with-binance-in-wake-of-global-crackdown","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169009241","content_text":"Binance Asia has applied for license to operate in Singapore\nBinance, affiliates face scrutiny in the U.S., U.K. and Japan\n\nSingapore’s financial regulator said it would follow up as required with the local unit of Binance Holdings Ltd. after its parent company came under scrutiny from authorities around the world.\nBinance Asia Services Pte. has a grace period during which it can operate in the city-state while the Monetary Authority of Singapore reviews its application for a license to provide digital payment token services, the regulator said Thursday. A number of other companies are undergoing a similar assessment and can continue their operations in the meantime, a MAS representative said in response to queries from Bloomberg.\n“We are aware of the actions taken by other regulatory authorities against Binance and will follow up as appropriate,” the authority said.\nThe cryptocurrency sector is in the midst of a regulatory crackdown as authorities from China to the U.S. grow concerned about its potential to facilitate money laundering and fraud. In one of the most significant actions to date, an affiliate of Binance Holdings -- the top global crypto bourse -- was banned from doing regulated business in the U.K.\nThe parent company is being probed by several agencies in the U.S., Bloomberg News has reported, and Japan’s Financial Services Agency warned that it offered crypto services without registration.\nBinance is seeking a license that would legitimize its operations in Singapore, along with crypto firms including New York-based Gemini Trust Co. LLC and Hong Kong-based Crypto.com.\nBinance Asia Services is a separate legal entity and does not offer any products or services via the Binance.com website or Binance Markets Ltd., the company said by email. The Singapore entity is backed by Vertex Ventures Holdings, and focuses on growing the local blockchain ecosystem and servicing users here, it said.\n“It is important to note that we take a collaborative approach in working with regulators and we take our compliance obligations very seriously,” Binance said in the email. “We are actively keeping abreast of changing policies, rules and laws in this new space.”\nThe MAS said it is applying “robust standards” in assessing applications, and considers a number of factors such as the applicant’s ability to implement strong measures against illicit flows, as well as fitness and propriety of shareholders and key appointment holders.\nMany applicants dropped out of the race as they were unable to meet the standards laid out under last year’s Payment Services Act, the MAS said.\nApplicants will be “subject to close scrutiny in the licensing process and ongoing supervision by MAS,” the regulator said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}