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2022-12-02

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The S&P 500 Is on the Cusp of Breaking Through a Level That Might Spell the End of the Bear Market

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08:52","market":"us","language":"en","title":"The S&P 500 Is on the Cusp of Breaking Through a Level That Might Spell the End of the Bear Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1196935334","media":"MarketWatch","summary":"The stock market has sputtered at times over the past three weeks, but Federal Reserve Chairman Jero","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/98282d20aeb872dfcad0ec3f6bc381f7\" tg-width=\"700\" tg-height=\"436\" referrerpolicy=\"no-referrer\"/>The stock market has sputtered at times over the past three weeks, but Federal Reserve Chairman Jerome Powell’s <a href=\"https://www.marketwatch.com/story/the-key-word-for-investors-to-decipher-the-feds-next-move-is-moderation-strategist-ed-yardeni-says-11669917141?mod=search_headline&amp;mod=article_inline\" target=\"_blank\">statements</a> Wednesday prompted the S&amp;P 500  to jump above a technical resistance level at 4030 points.</p><p>The benchmark index is now challenging the declining 200-day moving average (MA) and the trend line that defines the bear market. A strong move above 4100 would break that downtrend line for the first time this year, potentially ending the bear market.</p><p>Note that I am not saying an increase above 4100 would absolutely be the end of the bear market but it <i>could</i> lead to that possibility. This current rally has closed the gaps on the so-called island reversal of early September. So the next resistance area is the August highs, just above 4300. The first support area is in 3900-3950, so a move below 3900 would be negative in that it would reverse most of the positive action of the past few weeks.</p><p><img src=\"https://static.tigerbbs.com/ee4dcc0a28f1d871cfe49e09eae7ee3f\" tg-width=\"700\" tg-height=\"524\" referrerpolicy=\"no-referrer\"/></p><p>The McMillan Volatility Band (MVB) buy signal that took place in early October is still in place. Its target is the +4σ “modified Bollinger Band,” which is now at 4200 and racing higher.</p><p>Equity-only put-call ratios are technically still on buy signals. By “technically,” I mean that the computer programs that we use to analyze those charts are still rating them as “buy.”</p><p>However, a close examination of the two accompanying charts will show they have <i>not</i> made new lows in the past few days. That is a bit worrisome, for these ratios should be trending lower while the S&amp;P 500 is trending higher. For now, it is only a concern, not a sell signal, but we would like to see these ratios move to new relative lows (below their November lows) in order to re-confirm their buy signals.</p><p><img src=\"https://static.tigerbbs.com/b7aa0ecffc09de1296c9400ecf7a3d4f\" tg-width=\"700\" tg-height=\"531\" referrerpolicy=\"no-referrer\"/><img src=\"https://static.tigerbbs.com/57daba7a63a9648661551db7aaa63219\" tg-width=\"699\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/></p><p>Breadth indicators have swung back and forth quickly as the market has bounced around for nearly a month now. That has produced some whipsaw signals from breadth oscillators. For the record, they are now back on buy signals, but we are reluctant to put too much importance on them at this time. Yesterday (November 30th) was a 90% “up” day.</p><p>New 52-week highs on the New York Stock Exchange have still not reached 100 on any day — our minimum requirement for the setup of a potential buy signal. As a result, this indicator remains negative for now. There is still much work to be done here before a buy signal can take place.</p><p>VIX has continued to decline, for the most part, since early October. Thus, the <i>trend</i>of VIX is downward and that is bullish for stocks. Specifically, we had a “trend of VIX” buy signal in early November, when the 20-day MA of VIX crossed below the 200-day MA of VIX, and that is still in place. The only worry from VIX would be if it were to re-enter “spiking” mode by closing at least 3.00 points higher over any three-day or shorter period. That doesn’t appear to be a factor now, but it is worth watching for.</p><p><a href=\"/investing/index/VIX?mod=MW_story_quote\" target=\"_blank\"><img src=\"https://static.tigerbbs.com/a00a87d410ad517c1637691476528bef\" tg-width=\"700\" tg-height=\"524\" referrerpolicy=\"no-referrer\"/></a></p><p>The <i>construct</i> of volatility derivatives remains a positive force for the stock market, too. The term structures of both the VIX futures and of the CBOE Volatility Indices are sloping upwards. Furthermore, the VIX futures are trading at healthy premiums to VIX. Those are bullish signs for stocks.</p><p>Finally, there is a bullish seasonal pattern in place from Thanksgiving through the second trading day of the new year. Normally, small-caps outperform big-caps during that time.</p><p>In summary, the bulls have made an impressive run since early October, and a break through the downtrend line of this bear market would need to be respected. It would not necessarily mean that the bear market is over, but we would no longer recommend carrying a “core” bearish position if that happens.</p><h2>New recommendation: Aerojet Rocketdyne Holdings</h2><p>The option volume in Aerojet Rocketdyne Holdings rose sharply yesterday (November 30th) on M&amp;A speculation. The stock is trading at an all-time high. Stock volume patterns are strong and improving. There is support at 51.</p><p><b>Buy 2 AJRD Jan (20th) 50 calls</b></p><p><b>At a price of 4.10 or less.</b></p><p>AJRD: 52.00               Jan (20th) 50 calls: 3.30 bid, offered at 4.60.</p><h2><img src=\"https://static.tigerbbs.com/a526d855e9ae30f360e314edc7b8f83a\" tg-width=\"699\" tg-height=\"520\" referrerpolicy=\"no-referrer\"/>New recommendation: Horizon Therapeutics</h2><p>Option volume in Horizon Therapeutics  exploded following news that the company has fielded takeover interest from multiple Big Pharma companies (Amgen, Johnson &amp; Johnson and Sanofi) but that discussions were at a “highly” preliminary stage. Put option activity was relatively strong. Analysts are projecting an eventual deal price as high as $140 per share. Stock volume patterns are very strong and improving rapidly. There is support at 95-96, potentially.</p><p><b>Buy 1 HZNP Jan (20th) 100 call</b></p><p><b>At a price of 11.00 or less.</b></p><p>HZNP: 100.29             Jan (20th) 100 call: 10.40 bid, offered at 11.20</p><h2><img src=\"https://static.tigerbbs.com/00ee4a12d8cd33134825d8b40e854722\" tg-width=\"700\" tg-height=\"527\" referrerpolicy=\"no-referrer\"/>Follow-up action</h2><p><b><i>All stops are mental closing stops unless otherwise noted.</i></b></p><p>We are using a “standard” rolling procedure for our SPY spreads: in any vertical bull or bear spread, if the underlying hits the short strike, then roll the entire spread. That would be roll <i>up</i> in the case of a call bull spread, or roll <i>down</i> in the case of a bear put spread. Stay in the same expiration, and keep the distance between the strikes the same unless otherwise instructed.</p><p><b>Long 2 Dec (16th) 375 puts and Short 2 Dec (16th) 355 puts:</b> This is our “core” bearish position. |As long as SPX remains in a downtrend, we want to maintain a position here. The spread is worth so little that placing a stop isn’t useful.</p><p><b>Long 1 SPY Dec (23rd) 392 call and short 1 SPY Dec (23rd) 408 call:</b>This trade is based on the MVB buy signal, which was established on October 4th. We want to roll this spread up and out, since SPY has nearly reached the upper strike. Roll to the <b>Jan (6th) 408-423 call bull spread (i.e., Buy the 408 calls, sell the 423 calls).</b>This trade’s target is for SPX to trade at the upper, +4σ Band. The stop for this position would be if SPX were to close back below the -4σ Band. We will keep you informed if either Band has been touched.</p><p><b>Long 300 KLXE:</b> The stop remains at 14.50.</p><p><b>Long 2 WRK Jan (20th) 32.5 calls:</b> We will hold as long as the <i>weighted</i> put-call ratio remains on a buy signal.</p><p><b>Long 1 SPY Dec (9th) 390 call and short 1 SPY Dec (9th) 410 call:</b> The spread is based on the rare CBOE Equity-only put-call ratio buy signal. This spread can be rolled up and out now, as well:  <b>roll to the Jan (6th) 410-425 call bull spread.</b>As a stop, we will close it out if SPX closes below 3900 (note the change in stop price).</p><p><b>Long 2 KMB Jan (20th) 135 calls:</b> We rolled this position up last week<b><i>.</i></b>We will hold these calls as long as the <i>weighted</i> put-call ratio of KMB remains on its buy signal.</p><p><b>Long 2 IWM Jan (20th) 185 at-the-money calls and Short 2 IWM Jan (20th) 205 calls:</b>This is our position based on the bullish seasonality between Thanksgiving and the second trading day of the new year. We will adjust this position if IWM rallies during the holding period, but initially there is no stop for the position, so the entire debit is at risk.</p><p><b>Long 2 PSX Jan (20th) 105 puts:</b> We will hold these puts as long as the <i>weighted</i> put-call ratio remains on a sell signal. That is, as long as the put-call ratio is rising.</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The S&P 500 Is on the Cusp of Breaking Through a Level That Might Spell the End of the Bear Market</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 S&P 500 Is on the Cusp of Breaking Through a Level That Might Spell the End of the Bear Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-02 08:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/the-s-p-500-is-on-the-cusp-of-breaking-through-a-level-that-might-spell-the-end-of-the-bear-market-11669924124?mod=options><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The stock market has sputtered at times over the past three weeks, but Federal Reserve Chairman Jerome Powell’s statements Wednesday prompted the S&P 500  to jump above a technical resistance level at...</p>\n\n<a href=\"https://www.marketwatch.com/story/the-s-p-500-is-on-the-cusp-of-breaking-through-a-level-that-might-spell-the-end-of-the-bear-market-11669924124?mod=options\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AJRD":"Aerojet Rocketdyne Holdings Inc","HZNP":"Horizon Pharma"},"source_url":"https://www.marketwatch.com/story/the-s-p-500-is-on-the-cusp-of-breaking-through-a-level-that-might-spell-the-end-of-the-bear-market-11669924124?mod=options","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196935334","content_text":"The stock market has sputtered at times over the past three weeks, but Federal Reserve Chairman Jerome Powell’s statements Wednesday prompted the S&P 500  to jump above a technical resistance level at 4030 points.The benchmark index is now challenging the declining 200-day moving average (MA) and the trend line that defines the bear market. A strong move above 4100 would break that downtrend line for the first time this year, potentially ending the bear market.Note that I am not saying an increase above 4100 would absolutely be the end of the bear market but it could lead to that possibility. This current rally has closed the gaps on the so-called island reversal of early September. So the next resistance area is the August highs, just above 4300. The first support area is in 3900-3950, so a move below 3900 would be negative in that it would reverse most of the positive action of the past few weeks.The McMillan Volatility Band (MVB) buy signal that took place in early October is still in place. Its target is the +4σ “modified Bollinger Band,” which is now at 4200 and racing higher.Equity-only put-call ratios are technically still on buy signals. By “technically,” I mean that the computer programs that we use to analyze those charts are still rating them as “buy.”However, a close examination of the two accompanying charts will show they have not made new lows in the past few days. That is a bit worrisome, for these ratios should be trending lower while the S&P 500 is trending higher. For now, it is only a concern, not a sell signal, but we would like to see these ratios move to new relative lows (below their November lows) in order to re-confirm their buy signals.Breadth indicators have swung back and forth quickly as the market has bounced around for nearly a month now. That has produced some whipsaw signals from breadth oscillators. For the record, they are now back on buy signals, but we are reluctant to put too much importance on them at this time. Yesterday (November 30th) was a 90% “up” day.New 52-week highs on the New York Stock Exchange have still not reached 100 on any day — our minimum requirement for the setup of a potential buy signal. As a result, this indicator remains negative for now. There is still much work to be done here before a buy signal can take place.VIX has continued to decline, for the most part, since early October. Thus, the trendof VIX is downward and that is bullish for stocks. Specifically, we had a “trend of VIX” buy signal in early November, when the 20-day MA of VIX crossed below the 200-day MA of VIX, and that is still in place. The only worry from VIX would be if it were to re-enter “spiking” mode by closing at least 3.00 points higher over any three-day or shorter period. That doesn’t appear to be a factor now, but it is worth watching for.The construct of volatility derivatives remains a positive force for the stock market, too. The term structures of both the VIX futures and of the CBOE Volatility Indices are sloping upwards. Furthermore, the VIX futures are trading at healthy premiums to VIX. Those are bullish signs for stocks.Finally, there is a bullish seasonal pattern in place from Thanksgiving through the second trading day of the new year. Normally, small-caps outperform big-caps during that time.In summary, the bulls have made an impressive run since early October, and a break through the downtrend line of this bear market would need to be respected. It would not necessarily mean that the bear market is over, but we would no longer recommend carrying a “core” bearish position if that happens.New recommendation: Aerojet Rocketdyne HoldingsThe option volume in Aerojet Rocketdyne Holdings rose sharply yesterday (November 30th) on M&A speculation. The stock is trading at an all-time high. Stock volume patterns are strong and improving. There is support at 51.Buy 2 AJRD Jan (20th) 50 callsAt a price of 4.10 or less.AJRD: 52.00               Jan (20th) 50 calls: 3.30 bid, offered at 4.60.New recommendation: Horizon TherapeuticsOption volume in Horizon Therapeutics  exploded following news that the company has fielded takeover interest from multiple Big Pharma companies (Amgen, Johnson & Johnson and Sanofi) but that discussions were at a “highly” preliminary stage. Put option activity was relatively strong. Analysts are projecting an eventual deal price as high as $140 per share. Stock volume patterns are very strong and improving rapidly. There is support at 95-96, potentially.Buy 1 HZNP Jan (20th) 100 callAt a price of 11.00 or less.HZNP: 100.29             Jan (20th) 100 call: 10.40 bid, offered at 11.20Follow-up actionAll stops are mental closing stops unless otherwise noted.We are using a “standard” rolling procedure for our SPY spreads: in any vertical bull or bear spread, if the underlying hits the short strike, then roll the entire spread. That would be roll up in the case of a call bull spread, or roll down in the case of a bear put spread. Stay in the same expiration, and keep the distance between the strikes the same unless otherwise instructed.Long 2 Dec (16th) 375 puts and Short 2 Dec (16th) 355 puts: This is our “core” bearish position. |As long as SPX remains in a downtrend, we want to maintain a position here. The spread is worth so little that placing a stop isn’t useful.Long 1 SPY Dec (23rd) 392 call and short 1 SPY Dec (23rd) 408 call:This trade is based on the MVB buy signal, which was established on October 4th. We want to roll this spread up and out, since SPY has nearly reached the upper strike. Roll to the Jan (6th) 408-423 call bull spread (i.e., Buy the 408 calls, sell the 423 calls).This trade’s target is for SPX to trade at the upper, +4σ Band. The stop for this position would be if SPX were to close back below the -4σ Band. We will keep you informed if either Band has been touched.Long 300 KLXE: The stop remains at 14.50.Long 2 WRK Jan (20th) 32.5 calls: We will hold as long as the weighted put-call ratio remains on a buy signal.Long 1 SPY Dec (9th) 390 call and short 1 SPY Dec (9th) 410 call: The spread is based on the rare CBOE Equity-only put-call ratio buy signal. This spread can be rolled up and out now, as well:  roll to the Jan (6th) 410-425 call bull spread.As a stop, we will close it out if SPX closes below 3900 (note the change in stop price).Long 2 KMB Jan (20th) 135 calls: We rolled this position up last week.We will hold these calls as long as the weighted put-call ratio of KMB remains on its buy signal.Long 2 IWM Jan (20th) 185 at-the-money calls and Short 2 IWM Jan (20th) 205 calls:This is our position based on the bullish seasonality between Thanksgiving and the second trading day of the new year. We will adjust this position if IWM rallies during the holding period, but initially there is no stop for the position, so the entire debit is at risk.Long 2 PSX Jan (20th) 105 puts: We will hold these puts as long as the weighted put-call ratio remains on a sell signal. That is, as long as the put-call ratio is rising.","news_type":1},"isVote":1,"tweetType":1,"viewCount":370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9988574192,"gmtCreate":1666799139616,"gmtModify":1676537808295,"author":{"id":"3570851911602612","authorId":"3570851911602612","name":"Issacwilson","avatar":"https://static.tigerbbs.com/2df3bb907663b44274ed934252dd7e68","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570851911602612","idStr":"3570851911602612"},"themes":[],"htmlText":"👍&nbsp;","listText":"👍&nbsp;","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9988574192","repostId":"2278672309","repostType":4,"repost":{"id":"2278672309","pubTimestamp":1666778473,"share":"https://ttm.financial/m/news/2278672309?lang=&edition=fundamental","pubTime":"2022-10-26 18:01","market":"us","language":"en","title":"Tesla Has An Elon Musk Problem","url":"https://stock-news.laohu8.com/highlight/detail?id=2278672309","media":"Seeking Alpha","summary":"SummaryTesla's growth is astonishing and it continued to hold significant market share in the United States and around the world in the all-electric vehicle industry.But with their currently-high valu","content":"<html><head></head><body><h2>Summary</h2><ul><li>Tesla&#39;s growth is astonishing and it continued to hold significant market share in the United States and around the world in the all-electric vehicle industry.</li><li>But with their currently-high valuation relative to peers directly tied, I believe, to Elon Musk&#39;s involvement with the company - recent events may change that.</li><li>As a result, I evaluate the company&#39;s current fair value and believe it is lower enough to avoid the company altogether until it reaches more realistic levels.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/036a30b7377f20abe9dceec9a63d51f5\" tg-width=\"1080\" tg-height=\"720\" width=\"100%\" height=\"auto\"/><span>Justin Sullivan</span></p><p>Tesla (NASDAQ:TSLA) is an interesting growth story and one for the ages. After staring bankruptcy straight in the eyes several times, according to CEO Elon Musk, they ended up as one of the biggest success stories in earlymarket penetration and scaling up capacity around the globe in record time.</p><p>Just like other once-startups in an emerging new industry, however, there are always issues with how to value a company like Tesla. And going one step forward - what influence does the presence of a revolutionary mind like that of Elon Musk have on the stocks share price and subsequent valuation.</p><p>While the company is the only current all-electric vehicle manufacturer with the capacity to meet the demand around the globe, I still believe that there is significant premium to the company&#39;s valuation due to its association with Mr. Musk and that if you take him out of the equation - while the company will still do remarkably well and continue to grow, their valuation may be excessive.</p><p>Let&#39;s dissect what I mean by excessive and the implications of such.</p><h2>Tesla&#39;s Advantage Is Clear</h2><p>While the company is facing increasing competitive pressures from nearly all automobile manufacturers around the globe, they still remain the only company which currently has the capacity to manufacture and deliver hundreds of thousands of all-electric vehicles. While there are some exceptions to this with Chinese-based companies, I&#39;ll discuss that later.</p><p>This means that when a company like Hertz (HTZ) wants to cut their maintenance and fuel consumption surcharges and puts in an order for 100,000 all-electric cars - they really only have one option if they want them delivered within a year or two. And that&#39;s exactly what they did.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/607f7a5839ed63281b20fe46d8365acd\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"/><span>US EV Sales - 2022 YTD (Electrek US EV Sales Tracker)</span></p><p>Even while other companies like Ford (F), General Motors (GM), Toyota Motor (TM) have ramped up production of their all-electric and plug-in hybrid vehicles, they still remain well behind in their capacity for delivery.</p><p>Furthermore, even though most other companies are catching up on this as time goes by, Tesla still has built-in technological advantages like automated driving capabilities, vehicle control technologies, supercharging stations and others. These aren&#39;t only just for tech geeks who want to make an investment in the company&#39;s current lead in the race for autonomous driving, the vehicle mileage and performance is on the top of consumers&#39; minds as they think of which all-electric vehicle they want to purchase.</p><h2>Tesla&#39;s Growth Is Astonishing</h2><p>It&#39;s not just that the company has an advantage in their ability to deliver more than their competitors - it&#39;s that they&#39;re actually increasing deliveries almost every quarter, on average, and they&#39;re expected to maintain this growth for quite some time.</p><p>They&#39;re doing this by opening manufacturing plants outside of the United States in fast growing markets in the Asia-Pacific region and the European Union and the United Kingdom. While the full capacity of their Shanghai and Germany plants were slightly hindered by the COVID-19 pandemic closures, they&#39;re on tap to make record deliveries once more this year.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fdab1ca78acffae7370633d386137363\" tg-width=\"640\" tg-height=\"392\" width=\"100%\" height=\"auto\"/><span>Tesla Vehicle Sales by Quarter (Statista - Sales Visualization)</span></p><p>As we can see, the company has made nearly as many deliveries of their new all-electric vehicles, mostly the Model 3 and Model Y, in the first 3 quarters of this year as they did in the entirety of last year and are set to deliver well over one million vehicles in 2022.</p><p>While they&#39;re growing these figures with new plants, other companies are struggling to increase capacity and convert existing manufacturing facilities in the United States to manufacture their own versions of all-electric vehicles.</p><p>That&#39;s why I believe Tesla&#39;s growth story is far from over, and we can see that in the company&#39;s current projections for the coming years.</p><h2>Future Growth Is Strong, But...</h2><p>While the company is projected to deliver almost 2 million vehicles in 2023, there are some negative factors which stand in the way of future growth for the company, even if they seem to be minor in the grand scheme of things.</p><p>Firstly, there&#39;s increased competition. While this may not mean much for Tesla in the near term, it certainly will mean a lot in the longer term. There are hundreds of new all-electric and plug-in hybrid models hitting the streets (pun intended) in the coming years and while that may not do much for a few years, it&#39;s bound to cut into their market share.</p><p>In fact, that&#39;s already been happening. While their cars are not sold in the United States or in major markets (in significant numbers, in any case) outside of the People&#39;s Republic of China, BYD (OTCPK:BYDDF) has seen their market share double in the global all-electric vehicle sales and now stand at 11% while Tesla has decreased to about 19% in the latest report of YTD figures in 2022.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ec9fdb84e4e48b98991d0625bdc2217a\" tg-width=\"640\" tg-height=\"233\" width=\"100%\" height=\"auto\"/><span>H1 2022 EV Sales by Company (InsideEVs EV Sales)</span></p><p>Even with these global sales and market share figures, the company is still projected to do very well, as you can see by the company&#39;s current projections for sales and earnings.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7244826e2217edac067e967d0999422f\" tg-width=\"623\" tg-height=\"341\" width=\"100%\" height=\"auto\"/><span>Tesla Sales Growth Projections (Seeking Alpha)</span></p><p>But there&#39;s still this issue.</p><h2>The Elon Musk Problem</h2><p>I know, I know, I bore you with details about the company before getting to the issue at hand. But context here is very important.</p><p>The company does have things it can do, which don&#39;t require some magical solution by the contrarian-thinking Elon Musk - things like lowering their prices to outmaneuver other companies introducing high-end (ish) all-electric vehicles and things of that nature. But there&#39;s still an issue.</p><p>The issue is Elon Musk. While most of the world was struggling with updating the technology in regular automobiles, he was 10 steps ahead with battery technology advancements, technological advancements, EV range increases, charging station expansions and many other things.</p><p>This forward-thinking vision is exactly what made Tesla the hype (rightfully so, not in a bad way) which it is today and I don&#39;t believe the company will be where it is today without him. But for how long is he going to stay?</p><h3>Twitter Is Hardly The Only Issue</h3><p>As we&#39;ve seen with Jack Dorsey when he operated both Square (SQ) and Twitter (TWTR), it&#39;s nearly impossible to run multiple companies at once and do a great job at all of them, even if you&#39;re Elon Musk.</p><p>While Mr. Musk runs Tesla&#39;s as its chief-product-officer, as he dubs himself, he also runs SpaceX (SPACE), The Boring Company, SolarCity (part of Tesla) and other AI (artificial intelligence) companies and he now picked up Twitter.</p><p>While he did sell a significant portion of his Tesla stock to do so, diluting his ownership, it&#39;s the hands-off approach I think is coming to Tesla which can hurt valuation. Not only is there a board which can hold this work ethic accountable for the time spent elsewhere, it&#39;s about where he spends most of his time.</p><p>During the company&#39;s near-bankruptcy times a few years back, Elon Musk notoriously slept on the factory floor to make sure production headwinds were dealt with and it was undoubtedly one of the reasons employees, officers and other mangers managed to get the job done and get vehicles out for delivery.</p><p>Can Elon Must continue to do that now?</p><h3>Eventually He Has To Make A Choice</h3><p>Right now, I believe that Tesla is no longer a priority for Mr. Musk, and that the following companies will take precedent:</p><p>1 -<b>Twitter</b>: With Elon Musk&#39;s personal crusade and fortune tied into this acquisition, it&#39;s hardly a stretch to think that he&#39;ll need to spend a lot of time building the company into something which can potentially be profitable. Since 2021, a lot of the folks who he presumably wants to bring back to Twitter (I won&#39;t mention names since I don&#39;t want the article to turn political, but unless you&#39;ve been living in a cave for the past 3 years - you know who I mean) have found other platforms and have since gravitated away.</p><p>Especially since he plans to fire 75% of the company&#39;s employees, he&#39;ll need to have a hands-on approach if he wants to steer this mega tech company to a place where it can generate meaningful growth or profits in the years to come.</p><p>2 -<b>SpaceX</b>: With the world of space exploration just beginning, and the company&#39;s recent advancements in rocket technologies, the company has been experiencing increased demand and this too requires a hands on approach to work with the engineers to solve the seemingly endless headwinds they face trying to colonize other planets, set up the Starlink network and more.</p><p>This means, I believe, that outside of the near full-time job of running Twitter, that Mr. Musk will be spending a near full-time job equivalent of time at SpaceX in order to make these futuristic technologies and products work.</p><p>3 -<b>The Boring Company &amp; Neuralink</b>: While these companies have not been as high profile as Mr. Musk&#39;s other ones, recent news that the company is battling deadlines and postponing show-and-tell events further eludes or confirms that the companies are facing some difficulties taking off.</p><p>Since Mr. Musk has been actively taking part in these companies and their issues, it&#39;s apparent to me that he&#39;s going to continue to spend time with these companies, which will further take time away from Tesla.</p><h2>So What&#39;s The Problem Exactly?</h2><p>The problem is the company&#39;s valuation.</p><p>As we&#39;ve seen with sales, growth is projected to slow over the next decade since competitive pressures are mounting and that&#39;s true for net income as well, especially if the company will need to lower prices in order to compete.</p><h3>Earnings Per Share Multiples - Comparison</h3><p>Tesla is currently trading at 30x to 50x forward earnings per share projections while they&#39;re expected to report slowing growth and a decline by 2027 due to certain estimates that tax credits end and various other factors coming in.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0433a7fa8724b7ec3a9274292ecd618d\" tg-width=\"640\" tg-height=\"170\" width=\"100%\" height=\"auto\"/><span>EPS Projections &amp; FWD P/E Ratio (Seeking Alpha)</span></p><p>While these may not seem excessive, companies like Ford with a projected 25% increase in EPS this year are trading at around 7x forward earnings. Toyota Motors with a longer term EPS growth projection of 5-6% are trading at around 9x forward earnings.</p><h3>Sales Multiples - Comparison</h3><p>If we want to look at sales as an indication, things get even more interesting. Comparing Tesla&#39;s sales growth to that of BYD&#39;s, the company&#39;s closest competitor by unit sales volume, there&#39;s a stark difference in valuation.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d3fb74c2c9e703771131b2ac31a12050\" tg-width=\"640\" tg-height=\"111\" width=\"100%\" height=\"auto\"/><span>BYD Sales Growth / Multiples (Seeking Alpha)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bb5de69f4748bc2763641db7f4589d7a\" tg-width=\"640\" tg-height=\"110\" width=\"100%\" height=\"auto\"/><span>TSLA Sales Growth / Multiples (Seeking Alpha)</span></p><p>The difference here is quite astonishing. With nearly identical growth, Tesla is trading at 4.5x to 8x sales multiples while BYD is trading at 0.7x to 1.3x.</p><p>This is due in part to the enthusiasm and trust around Elon Musk&#39;s ability to solve issues and come up with product improvements, as his title so suggests. Without him at the helm, I have no doubt that the company can succeed, but can they do so at a valuation 3-4 times as high as other companies with somewhat similar growth projection? I&#39;m just not sure.</p><h2>Conclusion, If There Is One</h2><p>Is Tesla a good company which currently has a near monopoly on US all-electric vehicle sales with ramping up production in the Asia-Pacific and European Union and United Kingdom regions? Absolutely yes.</p><p>Will they continue to grow their long-term sales at low to mid double digits over the next decade? Most likely.</p><p>But with increasing competitive pressures from existing companies, near-certain Model 3 and Model Y pricing cuts and a sluggish sales prospect in China due to increasing competitive pressures from geopolitical forces, the company is going to need the ingenuity of the person who made them what they are today.</p><p>As Mr. Musk continued to take on more and more impossible projects, I don&#39;t believe that dedication is sustainable for Tesla and I believe that the company will see him having a more and more hands-off approach as he focused on the other monumental tasks ahead with Twitter, SpaceX, The Boring Company and Neuralink.</p><p>This doesn&#39;t mean that the company&#39;s growth is in question - but it does mean that if we treat Tesla as a generic company growing at the pace they are, they may be valued quite significantly lower than they are right now. This also means that, historically, during period where the market underperforms, like during recessions or market slowdowns, these types of companies tend to underperform the broader market.</p><p>While the company&#39;s growth is not in question, their valuation is. And as a result, I believe that their fair value lies lower than their current valuation. So while I do believe in their future, I&#39;m avoiding the stock altogether.</p><p><i>This article is written by </i><i>Pinxter Analytics</i><i> for reference only. Please note the risks.</i></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Has An Elon Musk Problem</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\">\nTesla Has An Elon Musk Problem\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-26 18:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4549186-tesla-has-an-elon-musk-problem><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTesla's growth is astonishing and it continued to hold significant market share in the United States and around the world in the all-electric vehicle industry.But with their currently-high ...</p>\n\n<a href=\"https://seekingalpha.com/article/4549186-tesla-has-an-elon-musk-problem\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4549186-tesla-has-an-elon-musk-problem","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2278672309","content_text":"SummaryTesla's growth is astonishing and it continued to hold significant market share in the United States and around the world in the all-electric vehicle industry.But with their currently-high valuation relative to peers directly tied, I believe, to Elon Musk's involvement with the company - recent events may change that.As a result, I evaluate the company's current fair value and believe it is lower enough to avoid the company altogether until it reaches more realistic levels.Justin SullivanTesla (NASDAQ:TSLA) is an interesting growth story and one for the ages. After staring bankruptcy straight in the eyes several times, according to CEO Elon Musk, they ended up as one of the biggest success stories in earlymarket penetration and scaling up capacity around the globe in record time.Just like other once-startups in an emerging new industry, however, there are always issues with how to value a company like Tesla. And going one step forward - what influence does the presence of a revolutionary mind like that of Elon Musk have on the stocks share price and subsequent valuation.While the company is the only current all-electric vehicle manufacturer with the capacity to meet the demand around the globe, I still believe that there is significant premium to the company's valuation due to its association with Mr. Musk and that if you take him out of the equation - while the company will still do remarkably well and continue to grow, their valuation may be excessive.Let's dissect what I mean by excessive and the implications of such.Tesla's Advantage Is ClearWhile the company is facing increasing competitive pressures from nearly all automobile manufacturers around the globe, they still remain the only company which currently has the capacity to manufacture and deliver hundreds of thousands of all-electric vehicles. While there are some exceptions to this with Chinese-based companies, I'll discuss that later.This means that when a company like Hertz (HTZ) wants to cut their maintenance and fuel consumption surcharges and puts in an order for 100,000 all-electric cars - they really only have one option if they want them delivered within a year or two. And that's exactly what they did.US EV Sales - 2022 YTD (Electrek US EV Sales Tracker)Even while other companies like Ford (F), General Motors (GM), Toyota Motor (TM) have ramped up production of their all-electric and plug-in hybrid vehicles, they still remain well behind in their capacity for delivery.Furthermore, even though most other companies are catching up on this as time goes by, Tesla still has built-in technological advantages like automated driving capabilities, vehicle control technologies, supercharging stations and others. These aren't only just for tech geeks who want to make an investment in the company's current lead in the race for autonomous driving, the vehicle mileage and performance is on the top of consumers' minds as they think of which all-electric vehicle they want to purchase.Tesla's Growth Is AstonishingIt's not just that the company has an advantage in their ability to deliver more than their competitors - it's that they're actually increasing deliveries almost every quarter, on average, and they're expected to maintain this growth for quite some time.They're doing this by opening manufacturing plants outside of the United States in fast growing markets in the Asia-Pacific region and the European Union and the United Kingdom. While the full capacity of their Shanghai and Germany plants were slightly hindered by the COVID-19 pandemic closures, they're on tap to make record deliveries once more this year.Tesla Vehicle Sales by Quarter (Statista - Sales Visualization)As we can see, the company has made nearly as many deliveries of their new all-electric vehicles, mostly the Model 3 and Model Y, in the first 3 quarters of this year as they did in the entirety of last year and are set to deliver well over one million vehicles in 2022.While they're growing these figures with new plants, other companies are struggling to increase capacity and convert existing manufacturing facilities in the United States to manufacture their own versions of all-electric vehicles.That's why I believe Tesla's growth story is far from over, and we can see that in the company's current projections for the coming years.Future Growth Is Strong, But...While the company is projected to deliver almost 2 million vehicles in 2023, there are some negative factors which stand in the way of future growth for the company, even if they seem to be minor in the grand scheme of things.Firstly, there's increased competition. While this may not mean much for Tesla in the near term, it certainly will mean a lot in the longer term. There are hundreds of new all-electric and plug-in hybrid models hitting the streets (pun intended) in the coming years and while that may not do much for a few years, it's bound to cut into their market share.In fact, that's already been happening. While their cars are not sold in the United States or in major markets (in significant numbers, in any case) outside of the People's Republic of China, BYD (OTCPK:BYDDF) has seen their market share double in the global all-electric vehicle sales and now stand at 11% while Tesla has decreased to about 19% in the latest report of YTD figures in 2022.H1 2022 EV Sales by Company (InsideEVs EV Sales)Even with these global sales and market share figures, the company is still projected to do very well, as you can see by the company's current projections for sales and earnings.Tesla Sales Growth Projections (Seeking Alpha)But there's still this issue.The Elon Musk ProblemI know, I know, I bore you with details about the company before getting to the issue at hand. But context here is very important.The company does have things it can do, which don't require some magical solution by the contrarian-thinking Elon Musk - things like lowering their prices to outmaneuver other companies introducing high-end (ish) all-electric vehicles and things of that nature. But there's still an issue.The issue is Elon Musk. While most of the world was struggling with updating the technology in regular automobiles, he was 10 steps ahead with battery technology advancements, technological advancements, EV range increases, charging station expansions and many other things.This forward-thinking vision is exactly what made Tesla the hype (rightfully so, not in a bad way) which it is today and I don't believe the company will be where it is today without him. But for how long is he going to stay?Twitter Is Hardly The Only IssueAs we've seen with Jack Dorsey when he operated both Square (SQ) and Twitter (TWTR), it's nearly impossible to run multiple companies at once and do a great job at all of them, even if you're Elon Musk.While Mr. Musk runs Tesla's as its chief-product-officer, as he dubs himself, he also runs SpaceX (SPACE), The Boring Company, SolarCity (part of Tesla) and other AI (artificial intelligence) companies and he now picked up Twitter.While he did sell a significant portion of his Tesla stock to do so, diluting his ownership, it's the hands-off approach I think is coming to Tesla which can hurt valuation. Not only is there a board which can hold this work ethic accountable for the time spent elsewhere, it's about where he spends most of his time.During the company's near-bankruptcy times a few years back, Elon Musk notoriously slept on the factory floor to make sure production headwinds were dealt with and it was undoubtedly one of the reasons employees, officers and other mangers managed to get the job done and get vehicles out for delivery.Can Elon Must continue to do that now?Eventually He Has To Make A ChoiceRight now, I believe that Tesla is no longer a priority for Mr. Musk, and that the following companies will take precedent:1 -Twitter: With Elon Musk's personal crusade and fortune tied into this acquisition, it's hardly a stretch to think that he'll need to spend a lot of time building the company into something which can potentially be profitable. Since 2021, a lot of the folks who he presumably wants to bring back to Twitter (I won't mention names since I don't want the article to turn political, but unless you've been living in a cave for the past 3 years - you know who I mean) have found other platforms and have since gravitated away.Especially since he plans to fire 75% of the company's employees, he'll need to have a hands-on approach if he wants to steer this mega tech company to a place where it can generate meaningful growth or profits in the years to come.2 -SpaceX: With the world of space exploration just beginning, and the company's recent advancements in rocket technologies, the company has been experiencing increased demand and this too requires a hands on approach to work with the engineers to solve the seemingly endless headwinds they face trying to colonize other planets, set up the Starlink network and more.This means, I believe, that outside of the near full-time job of running Twitter, that Mr. Musk will be spending a near full-time job equivalent of time at SpaceX in order to make these futuristic technologies and products work.3 -The Boring Company & Neuralink: While these companies have not been as high profile as Mr. Musk's other ones, recent news that the company is battling deadlines and postponing show-and-tell events further eludes or confirms that the companies are facing some difficulties taking off.Since Mr. Musk has been actively taking part in these companies and their issues, it's apparent to me that he's going to continue to spend time with these companies, which will further take time away from Tesla.So What's The Problem Exactly?The problem is the company's valuation.As we've seen with sales, growth is projected to slow over the next decade since competitive pressures are mounting and that's true for net income as well, especially if the company will need to lower prices in order to compete.Earnings Per Share Multiples - ComparisonTesla is currently trading at 30x to 50x forward earnings per share projections while they're expected to report slowing growth and a decline by 2027 due to certain estimates that tax credits end and various other factors coming in.EPS Projections & FWD P/E Ratio (Seeking Alpha)While these may not seem excessive, companies like Ford with a projected 25% increase in EPS this year are trading at around 7x forward earnings. Toyota Motors with a longer term EPS growth projection of 5-6% are trading at around 9x forward earnings.Sales Multiples - ComparisonIf we want to look at sales as an indication, things get even more interesting. Comparing Tesla's sales growth to that of BYD's, the company's closest competitor by unit sales volume, there's a stark difference in valuation.BYD Sales Growth / Multiples (Seeking Alpha)TSLA Sales Growth / Multiples (Seeking Alpha)The difference here is quite astonishing. With nearly identical growth, Tesla is trading at 4.5x to 8x sales multiples while BYD is trading at 0.7x to 1.3x.This is due in part to the enthusiasm and trust around Elon Musk's ability to solve issues and come up with product improvements, as his title so suggests. Without him at the helm, I have no doubt that the company can succeed, but can they do so at a valuation 3-4 times as high as other companies with somewhat similar growth projection? I'm just not sure.Conclusion, If There Is OneIs Tesla a good company which currently has a near monopoly on US all-electric vehicle sales with ramping up production in the Asia-Pacific and European Union and United Kingdom regions? Absolutely yes.Will they continue to grow their long-term sales at low to mid double digits over the next decade? Most likely.But with increasing competitive pressures from existing companies, near-certain Model 3 and Model Y pricing cuts and a sluggish sales prospect in China due to increasing competitive pressures from geopolitical forces, the company is going to need the ingenuity of the person who made them what they are today.As Mr. Musk continued to take on more and more impossible projects, I don't believe that dedication is sustainable for Tesla and I believe that the company will see him having a more and more hands-off approach as he focused on the other monumental tasks ahead with Twitter, SpaceX, The Boring Company and Neuralink.This doesn't mean that the company's growth is in question - but it does mean that if we treat Tesla as a generic company growing at the pace they are, they may be valued quite significantly lower than they are right now. This also means that, historically, during period where the market underperforms, like during recessions or market slowdowns, these types of companies tend to underperform the broader market.While the company's growth is not in question, their valuation is. And as a result, I believe that their fair value lies lower than their current valuation. So while I do believe in their future, I'm avoiding the stock altogether.This article is written by Pinxter Analytics for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":119165900,"gmtCreate":1622528119400,"gmtModify":1704185685902,"author":{"id":"3570851911602612","authorId":"3570851911602612","name":"Issacwilson","avatar":"https://static.tigerbbs.com/2df3bb907663b44274ed934252dd7e68","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570851911602612","idStr":"3570851911602612"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/119165900","repostId":"1149724894","repostType":4,"repost":{"id":"1149724894","pubTimestamp":1622527593,"share":"https://ttm.financial/m/news/1149724894?lang=&edition=fundamental","pubTime":"2021-06-01 14:06","market":"us","language":"en","title":"Singapore Airlines Says Reserves Sufficient for Well Into 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=1149724894","media":"Bloomberg","summary":"Singapore Airlines Ltd.said the S$6.2 billion ($4.7 billion) raised through convertible bonds, along","content":"<p>Singapore Airlines Ltd.said the S$6.2 billion ($4.7 billion) raised through convertible bonds, along with existing cash reserves, should cover its financial needs well into the year ending March 2023, according to a statement Tuesday.</p>\n<p>The nation’s flagship carrier was responding to questions from theSecurities <a href=\"https://laohu8.com/S/ISBC\">Investors</a> Association (Singapore)last month about whether it hasconsidered privatization. Singapore Airlines said that privatization wasn’t a matter for it to consider because it is a shareholder action.</p>\n<p>“Given that the proceeds from the rights issue will be treated as equity in the balance sheet, this allows us to maintain a strong equity base and creates options for raising further debt financing as necessary,” the airline said.</p>\n<p>Singapore Airlines has raised S$15.4 billion, which includes S$8.8 billion from a rights offering, since April last year and cut about 20% of its workforce to reduce costs. TheInternational $Air <a href=\"https://laohu8.com/S/00062\">Transport</a>(ATSG)$ Associationin April widened itsestimatefor losses this year to about $48 billion as new Covid flare-ups push back the timeline for a start of international air travel. The situation is particularly dire for carriers like Singapore Airlines that have no domestic market to fall back on.</p>\n<p>The carrier posted its worst annual loss at the end of March in the “toughest year in its history” as Covid continues to wreak havoc on global travel. Temasek Holdings Pte, Singapore Airlines’ largest shareholder, has provided an undertaking to subscribe to its pro-rata entitlement and any remaining balance of the convertible-bond issuance, the carriersaidlast month.</p>\n<p>Singapore Airlines’ monthly operating cash burn has fallen to about S$100 million to S$150 million, from S$350 million at the start of the pandemic. It said it will continue to rein in cash burn through revenue generated from cargo and a gradual improvement from its passenger business.</p>\n<p>“Demand from the e-commerce and pharmaceutical segments, among others, remains robust. Singapore Airlines is well positioned to capture more Covid-19 vaccine shipments into the <a href=\"https://laohu8.com/S/00662\">Asia</a> Pacific region as vaccine production ramps up and exports grow,” it said in Tuesday’s statement.</p>\n<p>The recent rise in fuel prices could lead to smaller losses or gains on its fuel hedging contracts, which will also help it to cut costs. “Our goal is to provide long-term value for shareholders by ensuring that the company returns to profitability,” it 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 Airlines Says Reserves Sufficient for Well Into 2023</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 Airlines Says Reserves Sufficient for Well Into 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-01 14:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore Airlines Ltd.said the S$6.2 billion ($4.7 billion) raised through convertible bonds, along with existing cash reserves, should cover its financial needs well into the year ending March 2023,...</p>\n\n<a href=\"https://www.bloomberg.com/asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C6L.SI":"新加坡航空公司"},"source_url":"https://www.bloomberg.com/asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149724894","content_text":"Singapore Airlines Ltd.said the S$6.2 billion ($4.7 billion) raised through convertible bonds, along with existing cash reserves, should cover its financial needs well into the year ending March 2023, according to a statement Tuesday.\nThe nation’s flagship carrier was responding to questions from theSecurities Investors Association (Singapore)last month about whether it hasconsidered privatization. Singapore Airlines said that privatization wasn’t a matter for it to consider because it is a shareholder action.\n“Given that the proceeds from the rights issue will be treated as equity in the balance sheet, this allows us to maintain a strong equity base and creates options for raising further debt financing as necessary,” the airline said.\nSingapore Airlines has raised S$15.4 billion, which includes S$8.8 billion from a rights offering, since April last year and cut about 20% of its workforce to reduce costs. TheInternational $Air Transport(ATSG)$ Associationin April widened itsestimatefor losses this year to about $48 billion as new Covid flare-ups push back the timeline for a start of international air travel. The situation is particularly dire for carriers like Singapore Airlines that have no domestic market to fall back on.\nThe carrier posted its worst annual loss at the end of March in the “toughest year in its history” as Covid continues to wreak havoc on global travel. Temasek Holdings Pte, Singapore Airlines’ largest shareholder, has provided an undertaking to subscribe to its pro-rata entitlement and any remaining balance of the convertible-bond issuance, the carriersaidlast month.\nSingapore Airlines’ monthly operating cash burn has fallen to about S$100 million to S$150 million, from S$350 million at the start of the pandemic. It said it will continue to rein in cash burn through revenue generated from cargo and a gradual improvement from its passenger business.\n“Demand from the e-commerce and pharmaceutical segments, among others, remains robust. Singapore Airlines is well positioned to capture more Covid-19 vaccine shipments into the Asia Pacific region as vaccine production ramps up and exports grow,” it said in Tuesday’s statement.\nThe recent rise in fuel prices could lead to smaller losses or gains on its fuel hedging contracts, which will also help it to cut costs. “Our goal is to provide long-term value for shareholders by ensuring that the company returns to profitability,” it said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":109356665,"gmtCreate":1619667218057,"gmtModify":1704727698116,"author":{"id":"3570851911602612","authorId":"3570851911602612","name":"Issacwilson","avatar":"https://static.tigerbbs.com/2df3bb907663b44274ed934252dd7e68","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570851911602612","idStr":"3570851911602612"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/109356665","repostId":"1118812386","repostType":4,"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349724101,"gmtCreate":1617641277103,"gmtModify":1704701312297,"author":{"id":"3570851911602612","authorId":"3570851911602612","name":"Issacwilson","avatar":"https://static.tigerbbs.com/2df3bb907663b44274ed934252dd7e68","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570851911602612","idStr":"3570851911602612"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349724101","repostId":"2125765476","repostType":4,"isVote":1,"tweetType":1,"viewCount":247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349345900,"gmtCreate":1617554320100,"gmtModify":1704700392980,"author":{"id":"3570851911602612","authorId":"3570851911602612","name":"Issacwilson","avatar":"https://static.tigerbbs.com/2df3bb907663b44274ed934252dd7e68","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570851911602612","idStr":"3570851911602612"},"themes":[],"htmlText":"Up","listText":"Up","text":"Up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349345900","repostId":"1191998262","repostType":4,"repost":{"id":"1191998262","pubTimestamp":1617366158,"share":"https://ttm.financial/m/news/1191998262?lang=&edition=fundamental","pubTime":"2021-04-02 20:22","market":"us","language":"en","title":"How Likely Is a Stock Market Crash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1191998262","media":"Motley Fool","summary":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-b","content":"<blockquote>\n You may not like the answer.\n</blockquote>\n<p>For the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmark<b>S&amp;P 500</b>(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.</p>\n<p>But there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.</p>\n<p>It begs the question: How likely is astock market crash? Let's take a closer look.</p>\n<p><b>Double-digit declines occur every 1.87 years, on average</b></p>\n<p>To begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&amp;P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&amp;P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.</p>\n<p>However, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.</p>\n<p>We could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.</p>\n<p><b>Corrections have been an historical given within three years of a bear market bottom</b></p>\n<p>Another interesting piece of evidence to examine is the frequency by which the S&amp;P 500 corrects after hitting a bear-market bottom.</p>\n<p>Since the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).</p>\n<p>Put another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.</p>\n<p><b>Crashes frequently occur when this valuation metric is hit</b></p>\n<p>But the most damning bit of evidence might just be the S&amp;P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.</p>\n<p>As of the close of business on March 30, the S&amp;P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.</p>\n<p>To some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.</p>\n<p>However, previous instances of the S&amp;P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.</p>\n<p><b>Keep that cash handy in the event that opportunity knocks</b></p>\n<p>To circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.</p>\n<p>While this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.</p>\n<p>The reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&amp;P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&amp;P 500 been negative.</p>\n<p>If you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&amp;P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Likely Is a Stock Market Crash?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Likely Is a Stock Market Crash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191998262","content_text":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.\nBut there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.\nIt begs the question: How likely is astock market crash? Let's take a closer look.\nDouble-digit declines occur every 1.87 years, on average\nTo begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.\nHowever, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.\nWe could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.\nCorrections have been an historical given within three years of a bear market bottom\nAnother interesting piece of evidence to examine is the frequency by which the S&P 500 corrects after hitting a bear-market bottom.\nSince the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).\nPut another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.\nCrashes frequently occur when this valuation metric is hit\nBut the most damning bit of evidence might just be the S&P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.\nAs of the close of business on March 30, the S&P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.\nTo some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.\nHowever, previous instances of the S&P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.\nKeep that cash handy in the event that opportunity knocks\nTo circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.\nWhile this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.\nThe reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&P 500 been negative.\nIf you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":365761822,"gmtCreate":1614781196066,"gmtModify":1704775140300,"author":{"id":"3570851911602612","authorId":"3570851911602612","name":"Issacwilson","avatar":"https://static.tigerbbs.com/2df3bb907663b44274ed934252dd7e68","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570851911602612","idStr":"3570851911602612"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/365761822","repostId":"1177260934","repostType":4,"isVote":1,"tweetType":1,"viewCount":60,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360389052,"gmtCreate":1613831746176,"gmtModify":1704885414067,"author":{"id":"3570851911602612","authorId":"3570851911602612","name":"Issacwilson","avatar":"https://static.tigerbbs.com/2df3bb907663b44274ed934252dd7e68","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570851911602612","idStr":"3570851911602612"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/360389052","repostId":"1194607255","repostType":4,"repost":{"id":"1194607255","pubTimestamp":1613728971,"share":"https://ttm.financial/m/news/1194607255?lang=&edition=fundamental","pubTime":"2021-02-19 18:02","market":"us","language":"en","title":"Uber drivers should be classified as workers not independent contractors, top UK court rules","url":"https://stock-news.laohu8.com/highlight/detail?id=1194607255","media":"cnbc","summary":"LONDON —Uberlost a crucial legal fight in the U.K. on Friday, as the country's Supreme Court upheld ","content":"<div>\n<p>LONDON —Uberlost a crucial legal fight in the U.K. on Friday, as the country's Supreme Court upheld a ruling that its drivers should be classified as workers rather than independent contractors.\nThe ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/19/uk-supreme-court-rules-uber-drivers-are-workers-not-contractors.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>Uber drivers should be classified as workers not independent contractors, top UK court rules</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\">\nUber drivers should be classified as workers not independent contractors, top UK court rules\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-19 18:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/19/uk-supreme-court-rules-uber-drivers-are-workers-not-contractors.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>LONDON —Uberlost a crucial legal fight in the U.K. on Friday, as the country's Supreme Court upheld a ruling that its drivers should be classified as workers rather than independent contractors.\nThe ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/19/uk-supreme-court-rules-uber-drivers-are-workers-not-contractors.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步"},"source_url":"https://www.cnbc.com/2021/02/19/uk-supreme-court-rules-uber-drivers-are-workers-not-contractors.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1194607255","content_text":"LONDON —Uberlost a crucial legal fight in the U.K. on Friday, as the country's Supreme Court upheld a ruling that its drivers should be classified as workers rather than independent contractors.\nThe verdict concludes an almost five-year legal battle between Uber and a group of former drivers who claim they were workers entitled to employment rights like a minimum wage, holiday pay and rest breaks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":314065840,"gmtCreate":1612280730980,"gmtModify":1704869312150,"author":{"id":"3570851911602612","authorId":"3570851911602612","name":"Issacwilson","avatar":"https://static.tigerbbs.com/2df3bb907663b44274ed934252dd7e68","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570851911602612","idStr":"3570851911602612"},"themes":[],"htmlText":"?&nbsp;","listText":"?&nbsp;","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/314065840","repostId":"1113195747","repostType":4,"repost":{"id":"1113195747","pubTimestamp":1612259771,"share":"https://ttm.financial/m/news/1113195747?lang=&edition=fundamental","pubTime":"2021-02-02 17:56","market":"fut","language":"en","title":"Gamestop, silver spot down, \"farce\" is slowly ending?","url":"https://stock-news.laohu8.com/highlight/detail?id=1113195747","media":"reuters","summary":"SINGAPORE (Reuters) - GameStop shares slid in Frankfurt and U.S. pre-market trade on Tuesday and a s","content":"<p>SINGAPORE (Reuters) - GameStop shares slid in Frankfurt and U.S. pre-market trade on Tuesday and a silver buying spree led by small investors subsided as retail-driven mania for shorted assets started to show signs of fizzling out.</p>\n<p>GameStop’s Frankfurt-listed shares were down 30% from Monday’s close at 143 euros ($172.72) in early trade on Tuesday, after the firm’s stock closed at $225 in U.S. markets. It fell 23% to $173 in pre-market U.S. trade.</p>\n<p>Spot silver prices fell more than 4% to $27.66 an ounce to sit some 8% beneath the eight-year high made on Monday, when retail traders bought coins and piled into silver funds to set prices spiking.</p>\n<p>Analysts said the silver pullback may show the limits of small investors’ impact in a large market, while posts on the popular Reddit forum WallStreetBets expressed concern that silver buying could cost traders their grip on some stocks.</p>\n<p>The social media-driven trading frenzy “could be slowly ending”, said OANDA market analyst Edward Moya. “Like all good rollercoaster rides, they all come to an end.”</p>\n<p>Retail buyers’ darling GameStop Corp dropped 30.8% on Monday, though it remains about 1,000% higher than a couple of weeks ago, before an organised band of small buyers piled in and forced a “squeeze” which required big funds to close short positions by buying shares at very high prices.</p>\n<p>Other shares caught up in a frenzy that has battered short-sellers extended their advance, including BlackBerry Ltd.</p>\n<p>Online broker Robinhood, on whose platform much of the buying and selling has taken place, also raised another $2.4 billion from shareholders just days after investors pumped in $1 billion.</p>\n<p>“It certainly feels like there’s some evidence of peak retail stall, but hard to gauge since they’re still sitting on decent profits,” said Mirabaud’s London-based equity sales trader Mark Taylor.</p>\n<p>“With volumes in all the hot stocks collapsing, silver attack met by margin, Robinhood having to seek fresh collateral at a rampant speed, the signals that the retail mania could unravel rapidly are aligning.”</p>\n<p>Small traders’ involvement in financial markets has grown sharply over the past year as lockdowns, volatility and stimulus cheques have combined to drive an investment surge that has turbocharged a huge rally in global equities since last March.</p>\n<p>Day-trading mania has boosted the price of assets ranging from cryptocurrencies to new stock market listings. In London a sign of still-strong demand came from online greeting-card retailer Moonpig, which leapt 25% on debut on Tuesday.</p>\n<p>The showdown between short-selling hedge funds and the small-time day traders also has also drawn scrutiny from financial regulators, lawmakers and the White House, concerned about possible market manipulation.</p>\n<p>Robinhood continued to roll back trading curbs on Monday, raising trading limits on GameStop to 20 shares from four.</p>\n<p>Weak prices in pre-market trade may serve as a guide to where the phenomenon is headed next, although broader markets appeared to be moving on from jitters the frenzied buying had triggered and equities in Asia rose broadly on stimulus hopes. [MKTS/GLOB]</p>\n<p>The number of shorted GameStop shares has fallen by more than half in a week, analytics firm S3 Partners said on Monday, although the videogame retailer remained the sixth-biggest short by value.</p>\n<p>“Short-squeeze mania has calmed a bit for this week,” said Chris Brankin, chief executive of broker TD Ameritrade in Singapore.</p>\n<p>QUICKSILVER</p>\n<p>Silver’s slumping spot price on Tuesday came even as dealers reported brisk trade in Asia, albeit below Monday’s massive volumes, suggesting a further squeeze higher might be unlikely.</p>\n<p>A lot of people who were anticipating a GameStop-like rally in silver “now realize there is not as much buying pressure pushing it up” as some had thought, said Michael Matousek, head trader at U.S. Global Investors.</p>\n<p>An additional drag on prices was an overnight margin hike by the Chicago Mercantile Exchange, which makes speculative trade using derivatives products more expensive.</p>\n<p>“Silver is much more liquid compared to stocks, and there are costs to holding the metal,” said Benjamin Yeo, head of dealing at Phillip Futures in Singapore, where on Monday silver futures volumes had been surging.</p>\n<p>“In the short term, we can expect more volatility from the retail buying interest, but do not think it is sustainable.”</p>\n<p>The unit price of Australia’s ETF Securities’ Physical Silver fund fell 1% in Sydney after drawing a record A$76 million ($58 million) in inflows on Monday. Small silver miners, which had leapt, also retraced some of their gains.</p>\n<p>“It is slowing down a bit,” said Gregor Gregersen, founder of Silver Bullion, a dealer in Singapore, after a wild 24 hours where he said sales exceeded average monthly levels from 2018 and orders above S$35,000 ($26,300) arrived every three minutes.</p>\n<p>Reddit moderators had on Tuesday removed one of the most popular posts suggesting buying silver and many WallStreetBets posts focused on riding out the volatility.</p>\n<p>“WHO IS HOLDING GME WITH ME?” read one top post. “I’M HOLDING EVEN IF MY PORTFOLIO GOES DOWN TO ZERO,” read another.</p>\n<p>($1 = 0.8280 euros)</p>\n<p>($1 = 1.3108 Australian dollars)</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>Gamestop, silver spot down, \"farce\" is slowly ending?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGamestop, silver spot down, \"farce\" is slowly ending?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-02 17:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-retail-trading/gamestop-slides-silver-spree-stalls-as-retail-traders-run-out-of-road-idUSKBN2A20ZS?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE (Reuters) - GameStop shares slid in Frankfurt and U.S. pre-market trade on Tuesday and a silver buying spree led by small investors subsided as retail-driven mania for shorted assets started...</p>\n\n<a href=\"https://www.reuters.com/article/us-retail-trading/gamestop-slides-silver-spree-stalls-as-retail-traders-run-out-of-road-idUSKBN2A20ZS?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3780c78c8bb55dbf0b4bcd80ffe89707","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.reuters.com/article/us-retail-trading/gamestop-slides-silver-spree-stalls-as-retail-traders-run-out-of-road-idUSKBN2A20ZS?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113195747","content_text":"SINGAPORE (Reuters) - GameStop shares slid in Frankfurt and U.S. pre-market trade on Tuesday and a silver buying spree led by small investors subsided as retail-driven mania for shorted assets started to show signs of fizzling out.\nGameStop’s Frankfurt-listed shares were down 30% from Monday’s close at 143 euros ($172.72) in early trade on Tuesday, after the firm’s stock closed at $225 in U.S. markets. It fell 23% to $173 in pre-market U.S. trade.\nSpot silver prices fell more than 4% to $27.66 an ounce to sit some 8% beneath the eight-year high made on Monday, when retail traders bought coins and piled into silver funds to set prices spiking.\nAnalysts said the silver pullback may show the limits of small investors’ impact in a large market, while posts on the popular Reddit forum WallStreetBets expressed concern that silver buying could cost traders their grip on some stocks.\nThe social media-driven trading frenzy “could be slowly ending”, said OANDA market analyst Edward Moya. “Like all good rollercoaster rides, they all come to an end.”\nRetail buyers’ darling GameStop Corp dropped 30.8% on Monday, though it remains about 1,000% higher than a couple of weeks ago, before an organised band of small buyers piled in and forced a “squeeze” which required big funds to close short positions by buying shares at very high prices.\nOther shares caught up in a frenzy that has battered short-sellers extended their advance, including BlackBerry Ltd.\nOnline broker Robinhood, on whose platform much of the buying and selling has taken place, also raised another $2.4 billion from shareholders just days after investors pumped in $1 billion.\n“It certainly feels like there’s some evidence of peak retail stall, but hard to gauge since they’re still sitting on decent profits,” said Mirabaud’s London-based equity sales trader Mark Taylor.\n“With volumes in all the hot stocks collapsing, silver attack met by margin, Robinhood having to seek fresh collateral at a rampant speed, the signals that the retail mania could unravel rapidly are aligning.”\nSmall traders’ involvement in financial markets has grown sharply over the past year as lockdowns, volatility and stimulus cheques have combined to drive an investment surge that has turbocharged a huge rally in global equities since last March.\nDay-trading mania has boosted the price of assets ranging from cryptocurrencies to new stock market listings. In London a sign of still-strong demand came from online greeting-card retailer Moonpig, which leapt 25% on debut on Tuesday.\nThe showdown between short-selling hedge funds and the small-time day traders also has also drawn scrutiny from financial regulators, lawmakers and the White House, concerned about possible market manipulation.\nRobinhood continued to roll back trading curbs on Monday, raising trading limits on GameStop to 20 shares from four.\nWeak prices in pre-market trade may serve as a guide to where the phenomenon is headed next, although broader markets appeared to be moving on from jitters the frenzied buying had triggered and equities in Asia rose broadly on stimulus hopes. [MKTS/GLOB]\nThe number of shorted GameStop shares has fallen by more than half in a week, analytics firm S3 Partners said on Monday, although the videogame retailer remained the sixth-biggest short by value.\n“Short-squeeze mania has calmed a bit for this week,” said Chris Brankin, chief executive of broker TD Ameritrade in Singapore.\nQUICKSILVER\nSilver’s slumping spot price on Tuesday came even as dealers reported brisk trade in Asia, albeit below Monday’s massive volumes, suggesting a further squeeze higher might be unlikely.\nA lot of people who were anticipating a GameStop-like rally in silver “now realize there is not as much buying pressure pushing it up” as some had thought, said Michael Matousek, head trader at U.S. Global Investors.\nAn additional drag on prices was an overnight margin hike by the Chicago Mercantile Exchange, which makes speculative trade using derivatives products more expensive.\n“Silver is much more liquid compared to stocks, and there are costs to holding the metal,” said Benjamin Yeo, head of dealing at Phillip Futures in Singapore, where on Monday silver futures volumes had been surging.\n“In the short term, we can expect more volatility from the retail buying interest, but do not think it is sustainable.”\nThe unit price of Australia’s ETF Securities’ Physical Silver fund fell 1% in Sydney after drawing a record A$76 million ($58 million) in inflows on Monday. Small silver miners, which had leapt, also retraced some of their gains.\n“It is slowing down a bit,” said Gregor Gregersen, founder of Silver Bullion, a dealer in Singapore, after a wild 24 hours where he said sales exceeded average monthly levels from 2018 and orders above S$35,000 ($26,300) arrived every three minutes.\nReddit moderators had on Tuesday removed one of the most popular posts suggesting buying silver and many WallStreetBets posts focused on riding out the volatility.\n“WHO IS HOLDING GME WITH ME?” read one top post. “I’M HOLDING EVEN IF MY PORTFOLIO GOES DOWN TO ZERO,” read another.\n($1 = 0.8280 euros)\n($1 = 1.3108 Australian dollars)","news_type":1},"isVote":1,"tweetType":1,"viewCount":223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":313080596,"gmtCreate":1611635780615,"gmtModify":1704861566255,"author":{"id":"3570851911602612","authorId":"3570851911602612","name":"Issacwilson","avatar":"https://static.tigerbbs.com/2df3bb907663b44274ed934252dd7e68","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570851911602612","idStr":"3570851911602612"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/313080596","repostId":"1189754831","repostType":4,"repost":{"id":"1189754831","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1611615067,"share":"https://ttm.financial/m/news/1189754831?lang=&edition=fundamental","pubTime":"2021-01-26 06:51","market":"hk","language":"zh","title":"快手科技今起招股，入场费约11615.89港元","url":"https://stock-news.laohu8.com/highlight/detail?id=1189754831","media":"老虎资讯综合","summary":"1月26日，快手-W发布公告，公司拟全球发售约3.65亿股股份，其中香港发售股份913.05万股，国际发售股份约3.56亿股，另有15%超额配股权，预期定价日为2021年1月29日；发售价每股105港","content":"<p>1月26日，<a href=\"https://laohu8.com/S/01024\">快手-W</a>发布公告，公司拟全球发售约3.65亿股股份，其中香港发售股份913.05万股，国际发售股份约3.56亿股，另有15%超额配股权，预期定价日为2021年1月29日；发售价每股105港元-115港元，每手100股，入场费约11615.89港元；摩根士丹利、BofA SECURITIES及华兴资本为联席保荐人，预期于2021年2月5日于联交所主板挂牌上市。</p><p><b>老虎证券打新通道预计中午11:30开放：</b><a href=\"https://www.itiger.com/mi/ipo/listing/hk\" target=\"_blank\"><b>打新入口</b></a><img src=\"https://static.tigerbbs.com/ee3b92b97469a764c48643b20ffe7336\" tg-width=\"905\" tg-height=\"524\" referrerpolicy=\"no-referrer\"><b>申购阶梯：</b></p><p>每手100股，入场费约11615.89港元。</p><p>乙组门槛为5万股，申购所需资金约5807942.75港元。<img src=\"https://static.tigerbbs.com/105456a586e929f22e3c77c3e1362be6\" tg-width=\"923\" tg-height=\"559\">公司致力于成为全球最痴迷于为客户创造价值的公司。公司的使命是帮助人们发现所需、发挥所长，持续提升每个人独特的幸福感。公司坚持不懈专注为客户提供服务，并通过持续创新和优化公司的产品与服务为客户创造价值。公司致力于创建一个平台，真实地反映公司生活的多元化及充满活力的世界，以有趣、有用、有关和有意义的内容丰富人们的生活。公司相信每个人都是独一无二的，并希望赋予他们表达自己、被欣赏及发掘快乐的力量。</p><p>公司是领先的内容社区和社交平台。公司相信每个人都是独特的个体，每个人都各有所长，各有所需。公司相信交流和互动可以创造价值。公司持续改进内容生产工具和服务，让人们更便捷地记录和分享生活、呈现和发挥所长；公司也提供更有效的内容发现机制，让人们更容易发现其他创作者及优质内容。公司希望和所有价值创造者一起努力，为用户提供更多产品和服务，丰富大众的选择。根据艾瑞咨询，截至2020年9月30日止九个月，全球范围内，公司是以虚拟礼物打赏流水及直播平均月付费用户计最大的直播平台；以平均日活跃用户数计第二大的短视频平台；以及以商品交易总额计第二大的直播电商平台。</p><p>公司是全球短视频行业的开创者。自成立以来，公司一直致力于帮助用户通过视频记录和分享生活。公司的原创移动应用程序GIF快手最初于2011年推出，是一个供用户制作并分享GIF动图的工具软件。GIF动图本质上是短视频的雏形；2012年，根据艾瑞咨询，公司通过应用一系列技术，成为中国短视频行业的先驱，使用户可以在手机上创作、上传及观看短视频。2013年，公司推出了短视频社交平台；2016年，作为平台功能的自然延伸，公司推出了直播功能，方便用户实时互动和参与。根据艾瑞谘询，公司于2018年在中国短视频行业首先大规模使用基于深度强化学习的视频推荐算法。2018年，随着用户参与度继续提升，为方便用户在公司的生态系统中进行交易，公司推出了电商解决方案。</p><p>根据艾瑞咨询，快手如今是中国家喻户晓的品牌，是中国最广泛使用的社交平台之一。截至2020年9月30日止九个月，公司的中国应用程序及小程序的平均日活跃用户及平均月活跃用户分别为3.05亿及7.69亿。在同一期间内，公司的日活跃用户在快手应用的日均使用时长超过86分钟、日均访问快手应用超过10次。公司是备受用户信赖的内容创作及分享平台。根据艾瑞谘询，公司的内容社区活跃度在中国头部的基于视频的社交平台中排名第一，截至2020年9月30日止九个月的内容创作者占平均月活跃用户在快手应用上的比例约26%。截至2020年9月30日止九个月，快手应用上每月平均短视频上传量约11亿条。公司的收入在营业纪录期间高速增长，从2017年的人民币83亿元增至2018年的人民币203亿元，再进一步增至2019年的人民币391亿元，从截至2019年9月30日止九个月期间的人民币273亿元增至截至2020年9月30日止九个月期间的人民币407亿元。</p><p><img src=\"https://static.tigerbbs.com/8a99afdbc1d9abcd0b09ad13d033ba2c\" tg-width=\"814\" tg-height=\"446\" referrerpolicy=\"no-referrer\"><b>基石投资者</b></p><p>公司已与基石投资者订立基石投资协议，基石投资者已同意按发售价认购或促使其指定实体认购以总额约24.50亿美元(或约189.96亿港元)。基石投资者包括The Capital Group Funds、Aranda Investments Pte. Ltd.、GIC Private Limited、Invesco Ltd.、富达国际、BlackRock, Inc.、CPP Investments、Sunny Festive、MSAL及MSIM Inc.、以及Abu Dhabi Investment Authority。</p><p>假设发售价为110.00港元(即本招股章程所述指导发售价范围的中间价)，则基石投资者将认购的发售股份总数为约1.727亿股B类股份，约占(i)发售股份的47.28%(假设未行使超额配股权)、(ii)全球发售完成后公司已发行股本总额的4.20%(假设未行使超额配股权)，及(iii)全球发售完成后公司已发行股本总额的4.15%(假设已悉数行使超额配股权)。<img src=\"https://static.tigerbbs.com/7f67374c198ea300a5f4853da00e7c6b\" tg-width=\"913\" tg-height=\"666\" referrerpolicy=\"no-referrer\"></p><p><b>所得款项用途</b></p><p>假设发售价为每股发售股份110.00港元(即所述发售价范围的中间价)，公司预计自全球发售收取所得款项净额约394.774亿港元。其中，全球发售所得款项净额约35%将用于增强生态系统；约30%将用于加强研发及技术能力；约25%将用于选择性收购或投资与公司业务互补及符合公司理念和增长策略的产品、服务及业务，尤其是内容、大众娱乐和软件方面，以提高公司的技术水平，丰富生态系统，吸引新用户进入公司的平台，并扩大公司的产品及服务范围等方面；及约10%将用作营运资金及一般企业用途。</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>快手科技今起招股，入场费约11615.89港元</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n快手科技今起招股，入场费约11615.89港元\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-01-26 06:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>1月26日，<a href=\"https://laohu8.com/S/01024\">快手-W</a>发布公告，公司拟全球发售约3.65亿股股份，其中香港发售股份913.05万股，国际发售股份约3.56亿股，另有15%超额配股权，预期定价日为2021年1月29日；发售价每股105港元-115港元，每手100股，入场费约11615.89港元；摩根士丹利、BofA SECURITIES及华兴资本为联席保荐人，预期于2021年2月5日于联交所主板挂牌上市。</p><p><b>老虎证券打新通道预计中午11:30开放：</b><a href=\"https://www.itiger.com/mi/ipo/listing/hk\" target=\"_blank\"><b>打新入口</b></a><img src=\"https://static.tigerbbs.com/ee3b92b97469a764c48643b20ffe7336\" tg-width=\"905\" tg-height=\"524\" referrerpolicy=\"no-referrer\"><b>申购阶梯：</b></p><p>每手100股，入场费约11615.89港元。</p><p>乙组门槛为5万股，申购所需资金约5807942.75港元。<img src=\"https://static.tigerbbs.com/105456a586e929f22e3c77c3e1362be6\" tg-width=\"923\" tg-height=\"559\">公司致力于成为全球最痴迷于为客户创造价值的公司。公司的使命是帮助人们发现所需、发挥所长，持续提升每个人独特的幸福感。公司坚持不懈专注为客户提供服务，并通过持续创新和优化公司的产品与服务为客户创造价值。公司致力于创建一个平台，真实地反映公司生活的多元化及充满活力的世界，以有趣、有用、有关和有意义的内容丰富人们的生活。公司相信每个人都是独一无二的，并希望赋予他们表达自己、被欣赏及发掘快乐的力量。</p><p>公司是领先的内容社区和社交平台。公司相信每个人都是独特的个体，每个人都各有所长，各有所需。公司相信交流和互动可以创造价值。公司持续改进内容生产工具和服务，让人们更便捷地记录和分享生活、呈现和发挥所长；公司也提供更有效的内容发现机制，让人们更容易发现其他创作者及优质内容。公司希望和所有价值创造者一起努力，为用户提供更多产品和服务，丰富大众的选择。根据艾瑞咨询，截至2020年9月30日止九个月，全球范围内，公司是以虚拟礼物打赏流水及直播平均月付费用户计最大的直播平台；以平均日活跃用户数计第二大的短视频平台；以及以商品交易总额计第二大的直播电商平台。</p><p>公司是全球短视频行业的开创者。自成立以来，公司一直致力于帮助用户通过视频记录和分享生活。公司的原创移动应用程序GIF快手最初于2011年推出，是一个供用户制作并分享GIF动图的工具软件。GIF动图本质上是短视频的雏形；2012年，根据艾瑞咨询，公司通过应用一系列技术，成为中国短视频行业的先驱，使用户可以在手机上创作、上传及观看短视频。2013年，公司推出了短视频社交平台；2016年，作为平台功能的自然延伸，公司推出了直播功能，方便用户实时互动和参与。根据艾瑞谘询，公司于2018年在中国短视频行业首先大规模使用基于深度强化学习的视频推荐算法。2018年，随着用户参与度继续提升，为方便用户在公司的生态系统中进行交易，公司推出了电商解决方案。</p><p>根据艾瑞咨询，快手如今是中国家喻户晓的品牌，是中国最广泛使用的社交平台之一。截至2020年9月30日止九个月，公司的中国应用程序及小程序的平均日活跃用户及平均月活跃用户分别为3.05亿及7.69亿。在同一期间内，公司的日活跃用户在快手应用的日均使用时长超过86分钟、日均访问快手应用超过10次。公司是备受用户信赖的内容创作及分享平台。根据艾瑞谘询，公司的内容社区活跃度在中国头部的基于视频的社交平台中排名第一，截至2020年9月30日止九个月的内容创作者占平均月活跃用户在快手应用上的比例约26%。截至2020年9月30日止九个月，快手应用上每月平均短视频上传量约11亿条。公司的收入在营业纪录期间高速增长，从2017年的人民币83亿元增至2018年的人民币203亿元，再进一步增至2019年的人民币391亿元，从截至2019年9月30日止九个月期间的人民币273亿元增至截至2020年9月30日止九个月期间的人民币407亿元。</p><p><img src=\"https://static.tigerbbs.com/8a99afdbc1d9abcd0b09ad13d033ba2c\" tg-width=\"814\" tg-height=\"446\" referrerpolicy=\"no-referrer\"><b>基石投资者</b></p><p>公司已与基石投资者订立基石投资协议，基石投资者已同意按发售价认购或促使其指定实体认购以总额约24.50亿美元(或约189.96亿港元)。基石投资者包括The Capital Group Funds、Aranda Investments Pte. Ltd.、GIC Private Limited、Invesco Ltd.、富达国际、BlackRock, Inc.、CPP Investments、Sunny Festive、MSAL及MSIM Inc.、以及Abu Dhabi Investment Authority。</p><p>假设发售价为110.00港元(即本招股章程所述指导发售价范围的中间价)，则基石投资者将认购的发售股份总数为约1.727亿股B类股份，约占(i)发售股份的47.28%(假设未行使超额配股权)、(ii)全球发售完成后公司已发行股本总额的4.20%(假设未行使超额配股权)，及(iii)全球发售完成后公司已发行股本总额的4.15%(假设已悉数行使超额配股权)。<img src=\"https://static.tigerbbs.com/7f67374c198ea300a5f4853da00e7c6b\" tg-width=\"913\" tg-height=\"666\" referrerpolicy=\"no-referrer\"></p><p><b>所得款项用途</b></p><p>假设发售价为每股发售股份110.00港元(即所述发售价范围的中间价)，公司预计自全球发售收取所得款项净额约394.774亿港元。其中，全球发售所得款项净额约35%将用于增强生态系统；约30%将用于加强研发及技术能力；约25%将用于选择性收购或投资与公司业务互补及符合公司理念和增长策略的产品、服务及业务，尤其是内容、大众娱乐和软件方面，以提高公司的技术水平，丰富生态系统，吸引新用户进入公司的平台，并扩大公司的产品及服务范围等方面；及约10%将用作营运资金及一般企业用途。</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/8a05003ea47bd73f11bd992a9431f6d4","relate_stocks":{"01024":"快手-W"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189754831","content_text":"1月26日，快手-W发布公告，公司拟全球发售约3.65亿股股份，其中香港发售股份913.05万股，国际发售股份约3.56亿股，另有15%超额配股权，预期定价日为2021年1月29日；发售价每股105港元-115港元，每手100股，入场费约11615.89港元；摩根士丹利、BofA SECURITIES及华兴资本为联席保荐人，预期于2021年2月5日于联交所主板挂牌上市。老虎证券打新通道预计中午11:30开放：打新入口申购阶梯：每手100股，入场费约11615.89港元。乙组门槛为5万股，申购所需资金约5807942.75港元。公司致力于成为全球最痴迷于为客户创造价值的公司。公司的使命是帮助人们发现所需、发挥所长，持续提升每个人独特的幸福感。公司坚持不懈专注为客户提供服务，并通过持续创新和优化公司的产品与服务为客户创造价值。公司致力于创建一个平台，真实地反映公司生活的多元化及充满活力的世界，以有趣、有用、有关和有意义的内容丰富人们的生活。公司相信每个人都是独一无二的，并希望赋予他们表达自己、被欣赏及发掘快乐的力量。公司是领先的内容社区和社交平台。公司相信每个人都是独特的个体，每个人都各有所长，各有所需。公司相信交流和互动可以创造价值。公司持续改进内容生产工具和服务，让人们更便捷地记录和分享生活、呈现和发挥所长；公司也提供更有效的内容发现机制，让人们更容易发现其他创作者及优质内容。公司希望和所有价值创造者一起努力，为用户提供更多产品和服务，丰富大众的选择。根据艾瑞咨询，截至2020年9月30日止九个月，全球范围内，公司是以虚拟礼物打赏流水及直播平均月付费用户计最大的直播平台；以平均日活跃用户数计第二大的短视频平台；以及以商品交易总额计第二大的直播电商平台。公司是全球短视频行业的开创者。自成立以来，公司一直致力于帮助用户通过视频记录和分享生活。公司的原创移动应用程序GIF快手最初于2011年推出，是一个供用户制作并分享GIF动图的工具软件。GIF动图本质上是短视频的雏形；2012年，根据艾瑞咨询，公司通过应用一系列技术，成为中国短视频行业的先驱，使用户可以在手机上创作、上传及观看短视频。2013年，公司推出了短视频社交平台；2016年，作为平台功能的自然延伸，公司推出了直播功能，方便用户实时互动和参与。根据艾瑞谘询，公司于2018年在中国短视频行业首先大规模使用基于深度强化学习的视频推荐算法。2018年，随着用户参与度继续提升，为方便用户在公司的生态系统中进行交易，公司推出了电商解决方案。根据艾瑞咨询，快手如今是中国家喻户晓的品牌，是中国最广泛使用的社交平台之一。截至2020年9月30日止九个月，公司的中国应用程序及小程序的平均日活跃用户及平均月活跃用户分别为3.05亿及7.69亿。在同一期间内，公司的日活跃用户在快手应用的日均使用时长超过86分钟、日均访问快手应用超过10次。公司是备受用户信赖的内容创作及分享平台。根据艾瑞谘询，公司的内容社区活跃度在中国头部的基于视频的社交平台中排名第一，截至2020年9月30日止九个月的内容创作者占平均月活跃用户在快手应用上的比例约26%。截至2020年9月30日止九个月，快手应用上每月平均短视频上传量约11亿条。公司的收入在营业纪录期间高速增长，从2017年的人民币83亿元增至2018年的人民币203亿元，再进一步增至2019年的人民币391亿元，从截至2019年9月30日止九个月期间的人民币273亿元增至截至2020年9月30日止九个月期间的人民币407亿元。基石投资者公司已与基石投资者订立基石投资协议，基石投资者已同意按发售价认购或促使其指定实体认购以总额约24.50亿美元(或约189.96亿港元)。基石投资者包括The Capital Group Funds、Aranda Investments Pte. Ltd.、GIC Private Limited、Invesco Ltd.、富达国际、BlackRock, Inc.、CPP Investments、Sunny Festive、MSAL及MSIM Inc.、以及Abu Dhabi Investment Authority。假设发售价为110.00港元(即本招股章程所述指导发售价范围的中间价)，则基石投资者将认购的发售股份总数为约1.727亿股B类股份，约占(i)发售股份的47.28%(假设未行使超额配股权)、(ii)全球发售完成后公司已发行股本总额的4.20%(假设未行使超额配股权)，及(iii)全球发售完成后公司已发行股本总额的4.15%(假设已悉数行使超额配股权)。所得款项用途假设发售价为每股发售股份110.00港元(即所述发售价范围的中间价)，公司预计自全球发售收取所得款项净额约394.774亿港元。其中，全球发售所得款项净额约35%将用于增强生态系统；约30%将用于加强研发及技术能力；约25%将用于选择性收购或投资与公司业务互补及符合公司理念和增长策略的产品、服务及业务，尤其是内容、大众娱乐和软件方面，以提高公司的技术水平，丰富生态系统，吸引新用户进入公司的平台，并扩大公司的产品及服务范围等方面；及约10%将用作营运资金及一般企业用途。","news_type":1},"isVote":1,"tweetType":1,"viewCount":145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9988574192,"gmtCreate":1666799139616,"gmtModify":1676537808295,"author":{"id":"3570851911602612","authorId":"3570851911602612","name":"Issacwilson","avatar":"https://static.tigerbbs.com/2df3bb907663b44274ed934252dd7e68","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570851911602612","authorIdStr":"3570851911602612"},"themes":[],"htmlText":"👍&nbsp;","listText":"👍&nbsp;","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9988574192","repostId":"2278672309","repostType":4,"isVote":1,"tweetType":1,"viewCount":353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":365761822,"gmtCreate":1614781196066,"gmtModify":1704775140300,"author":{"id":"3570851911602612","authorId":"3570851911602612","name":"Issacwilson","avatar":"https://static.tigerbbs.com/2df3bb907663b44274ed934252dd7e68","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570851911602612","authorIdStr":"3570851911602612"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/365761822","repostId":"1177260934","repostType":4,"isVote":1,"tweetType":1,"viewCount":60,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9965229526,"gmtCreate":1669963754765,"gmtModify":1676538279401,"author":{"id":"3570851911602612","authorId":"3570851911602612","name":"Issacwilson","avatar":"https://static.tigerbbs.com/2df3bb907663b44274ed934252dd7e68","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570851911602612","authorIdStr":"3570851911602612"},"themes":[],"htmlText":"👍&nbsp;","listText":"👍&nbsp;","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9965229526","repostId":"1196935334","repostType":4,"isVote":1,"tweetType":1,"viewCount":370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349345900,"gmtCreate":1617554320100,"gmtModify":1704700392980,"author":{"id":"3570851911602612","authorId":"3570851911602612","name":"Issacwilson","avatar":"https://static.tigerbbs.com/2df3bb907663b44274ed934252dd7e68","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570851911602612","authorIdStr":"3570851911602612"},"themes":[],"htmlText":"Up","listText":"Up","text":"Up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349345900","repostId":"1191998262","repostType":4,"repost":{"id":"1191998262","pubTimestamp":1617366158,"share":"https://ttm.financial/m/news/1191998262?lang=&edition=fundamental","pubTime":"2021-04-02 20:22","market":"us","language":"en","title":"How Likely Is a Stock Market Crash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1191998262","media":"Motley Fool","summary":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-b","content":"<blockquote>\n You may not like the answer.\n</blockquote>\n<p>For the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmark<b>S&amp;P 500</b>(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.</p>\n<p>But there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.</p>\n<p>It begs the question: How likely is astock market crash? Let's take a closer look.</p>\n<p><b>Double-digit declines occur every 1.87 years, on average</b></p>\n<p>To begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&amp;P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&amp;P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.</p>\n<p>However, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.</p>\n<p>We could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.</p>\n<p><b>Corrections have been an historical given within three years of a bear market bottom</b></p>\n<p>Another interesting piece of evidence to examine is the frequency by which the S&amp;P 500 corrects after hitting a bear-market bottom.</p>\n<p>Since the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).</p>\n<p>Put another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.</p>\n<p><b>Crashes frequently occur when this valuation metric is hit</b></p>\n<p>But the most damning bit of evidence might just be the S&amp;P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.</p>\n<p>As of the close of business on March 30, the S&amp;P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.</p>\n<p>To some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.</p>\n<p>However, previous instances of the S&amp;P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.</p>\n<p><b>Keep that cash handy in the event that opportunity knocks</b></p>\n<p>To circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.</p>\n<p>While this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.</p>\n<p>The reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&amp;P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&amp;P 500 been negative.</p>\n<p>If you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&amp;P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Likely Is a Stock Market Crash?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Likely Is a Stock Market Crash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191998262","content_text":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.\nBut there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.\nIt begs the question: How likely is astock market crash? Let's take a closer look.\nDouble-digit declines occur every 1.87 years, on average\nTo begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.\nHowever, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.\nWe could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.\nCorrections have been an historical given within three years of a bear market bottom\nAnother interesting piece of evidence to examine is the frequency by which the S&P 500 corrects after hitting a bear-market bottom.\nSince the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).\nPut another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.\nCrashes frequently occur when this valuation metric is hit\nBut the most damning bit of evidence might just be the S&P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.\nAs of the close of business on March 30, the S&P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.\nTo some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.\nHowever, previous instances of the S&P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.\nKeep that cash handy in the event that opportunity knocks\nTo circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.\nWhile this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.\nThe reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&P 500 been negative.\nIf you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":109356665,"gmtCreate":1619667218057,"gmtModify":1704727698116,"author":{"id":"3570851911602612","authorId":"3570851911602612","name":"Issacwilson","avatar":"https://static.tigerbbs.com/2df3bb907663b44274ed934252dd7e68","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570851911602612","authorIdStr":"3570851911602612"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/109356665","repostId":"1118812386","repostType":4,"repost":{"id":"1118812386","pubTimestamp":1619666710,"share":"https://ttm.financial/m/news/1118812386?lang=&edition=fundamental","pubTime":"2021-04-29 11:25","market":"us","language":"en","title":"Apple’s Mac is back with record sales — but how long can that last?","url":"https://stock-news.laohu8.com/highlight/detail?id=1118812386","media":"MarketWatch","summary":"Apple unveiled a new line of thinner, M1-chip enabled iMacs in April. Apple Inc.\nThe Mac and the iPa","content":"<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/400be449249acc2ce73ad778a46b13f9\" tg-width=\"1260\" tg-height=\"709\"><span>Apple unveiled a new line of thinner, M1-chip enabled iMacs in April. Apple Inc.</span></p>\n<p>The Mac and the iPad are back.Apple Inc. reported an extraordinary second quarter on Wednesday, with record results in every product category, including the biggest growth seen by the Mac and iPad in years. But investors are wondering how long it will last.</p>\n<p>Apple reported fiscal second-quarter results that soared past expectations, with revenue coming in a whopping $12.5 billion above Wall Street’s estimates. Apple reported quarterly revenue of $89.6 billion, while analysts had been expecting $77.1 billion. Dan Ives, an analyst with Wedbush Securities, called it a “drop the mic” quarter for the company.</p>\n<p>“We are extremely pleased to report record results for our March quarter despite continued uncertainty in the macro environment,” Apple Chief Executive Tim Cook told analysts on the company’s conference call.</p>\n<p>In a bit of a surprise, Apple’s computing hardware sales grew at rates slightly faster than the iPhone, Apple’s biggest-selling product, as more people continued to purchase or upgrade computers to work from home. The iPad was hugely popular among students who are still stuck in remote-learnings classes.</p>\n<p>Both the Mac and the iPad saw growth rates that have been unprecedented in recent years. Apple said the Mac had total revenue of $9.0 billion, up 70%, while the iPad came in at $7.8 billion, up 79%. The iPhone, in contrast, still remained king with the biggest chunk of revenue, $47.9 billion, up 65%, boosted by sales of Apple’s new 5G iPhone 12. It was Apple’s first full quarter with its newest iPhone.</p>\n<p>Revenue for the Mac was an all-time record, and was an important boost after fiscal 2020 saw Mac sales decline in the first two quarters of that year.</p>\n<p>“This amazing performance was driven by the very enthusiastic customer response to our new Macs powered by the M1 chip,” Chief Financial Officer Luca Maestri told analysts. “IPad performance was also expanding with revenue of $7.8 billion, up 79%. We grew very strongly in every geographic segment, with an all-time record in Japan and a March-quarter record in the rest of Asia-Pacific.”</p>\n<p>But the big question on everyone’s mind was: How long can the company sustain this kind of growth? Apple, for its part, declined to give any revenue forecast for the rest of the year, citing uncertainties related to the ongoing pandemic. Maestri did say that the company expects revenue to grow by strong double-digit amounts, year over year, but he also noted the traditional sequential decline in the June quarter from the March quarter will be greater than in prior years.</p>\n<p>“This was a pretty unbelievable quarter, and investors are going to ask about the sustainability of current demand trends, especially as you lap some of the benefits from COVID, in areas like services and Macs later this year,” said Morgan Stanley analyst Katy Huberty during the call. “Which segments do you see the opportunity to maintain strong revenue growth, versus where is it reasonable to assume there will be some digestion as consumers shift their spending priorities?”</p>\n<p>Cook said the company was seeing strong continued momentum with the iPhone, that it’s early innings for the Apple Watch, and its services segment is accelerating. He did point out though, that the component or chip-supply issues that are widespread across the industry would affect the Mac and iPad the most. “We’ll have some challenges in there, and challenges meeting the demand we have got,” Cook said.</p>\n<p>The chip shortages are expected to hit Apple’s anticipated revenue in the coming quarter by between $3 billion and $4 billion, Maestri said.</p>\n<p>Apple investors were clearly nervous about how the tech giant can outdo itself, and keep up with these huge numbers going forward. Shares in after-hours trading were up only 2.5%.</p>\n<p>Investors are likely going to have to look to the iPhone for the big growth in the rest of the year, Ives wrote: “With 5G now in the cards and roughly 40% of its ‘golden jewel’ iPhone-installed base not upgrading their phones in the last 3.5 years, Cook &amp; Co. have the stage set for a renaissance of growth in Cupertino.”</p>\n<p>Whether that expected growth will match this quarter’s is another question.</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>Apple’s Mac is back with record sales — but how long can that last? </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\">\nApple’s Mac is back with record sales — but how long can that last? \n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-29 11:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/apples-mac-is-back-with-record-sales-but-how-long-can-that-last-11619655744?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple unveiled a new line of thinner, M1-chip enabled iMacs in April. Apple Inc.\nThe Mac and the iPad are back.Apple Inc. reported an extraordinary second quarter on Wednesday, with record results in ...</p>\n\n<a href=\"https://www.marketwatch.com/story/apples-mac-is-back-with-record-sales-but-how-long-can-that-last-11619655744?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":{"AAPL":"苹果"},"source_url":"https://www.marketwatch.com/story/apples-mac-is-back-with-record-sales-but-how-long-can-that-last-11619655744?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118812386","content_text":"Apple unveiled a new line of thinner, M1-chip enabled iMacs in April. Apple Inc.\nThe Mac and the iPad are back.Apple Inc. reported an extraordinary second quarter on Wednesday, with record results in every product category, including the biggest growth seen by the Mac and iPad in years. But investors are wondering how long it will last.\nApple reported fiscal second-quarter results that soared past expectations, with revenue coming in a whopping $12.5 billion above Wall Street’s estimates. Apple reported quarterly revenue of $89.6 billion, while analysts had been expecting $77.1 billion. Dan Ives, an analyst with Wedbush Securities, called it a “drop the mic” quarter for the company.\n“We are extremely pleased to report record results for our March quarter despite continued uncertainty in the macro environment,” Apple Chief Executive Tim Cook told analysts on the company’s conference call.\nIn a bit of a surprise, Apple’s computing hardware sales grew at rates slightly faster than the iPhone, Apple’s biggest-selling product, as more people continued to purchase or upgrade computers to work from home. The iPad was hugely popular among students who are still stuck in remote-learnings classes.\nBoth the Mac and the iPad saw growth rates that have been unprecedented in recent years. Apple said the Mac had total revenue of $9.0 billion, up 70%, while the iPad came in at $7.8 billion, up 79%. The iPhone, in contrast, still remained king with the biggest chunk of revenue, $47.9 billion, up 65%, boosted by sales of Apple’s new 5G iPhone 12. It was Apple’s first full quarter with its newest iPhone.\nRevenue for the Mac was an all-time record, and was an important boost after fiscal 2020 saw Mac sales decline in the first two quarters of that year.\n“This amazing performance was driven by the very enthusiastic customer response to our new Macs powered by the M1 chip,” Chief Financial Officer Luca Maestri told analysts. “IPad performance was also expanding with revenue of $7.8 billion, up 79%. We grew very strongly in every geographic segment, with an all-time record in Japan and a March-quarter record in the rest of Asia-Pacific.”\nBut the big question on everyone’s mind was: How long can the company sustain this kind of growth? Apple, for its part, declined to give any revenue forecast for the rest of the year, citing uncertainties related to the ongoing pandemic. Maestri did say that the company expects revenue to grow by strong double-digit amounts, year over year, but he also noted the traditional sequential decline in the June quarter from the March quarter will be greater than in prior years.\n“This was a pretty unbelievable quarter, and investors are going to ask about the sustainability of current demand trends, especially as you lap some of the benefits from COVID, in areas like services and Macs later this year,” said Morgan Stanley analyst Katy Huberty during the call. “Which segments do you see the opportunity to maintain strong revenue growth, versus where is it reasonable to assume there will be some digestion as consumers shift their spending priorities?”\nCook said the company was seeing strong continued momentum with the iPhone, that it’s early innings for the Apple Watch, and its services segment is accelerating. He did point out though, that the component or chip-supply issues that are widespread across the industry would affect the Mac and iPad the most. “We’ll have some challenges in there, and challenges meeting the demand we have got,” Cook said.\nThe chip shortages are expected to hit Apple’s anticipated revenue in the coming quarter by between $3 billion and $4 billion, Maestri said.\nApple investors were clearly nervous about how the tech giant can outdo itself, and keep up with these huge numbers going forward. Shares in after-hours trading were up only 2.5%.\nInvestors are likely going to have to look to the iPhone for the big growth in the rest of the year, Ives wrote: “With 5G now in the cards and roughly 40% of its ‘golden jewel’ iPhone-installed base not upgrading their phones in the last 3.5 years, Cook & Co. have the stage set for a renaissance of growth in Cupertino.”\nWhether that expected growth will match this quarter’s is another question.","news_type":1},"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349724101,"gmtCreate":1617641277103,"gmtModify":1704701312297,"author":{"id":"3570851911602612","authorId":"3570851911602612","name":"Issacwilson","avatar":"https://static.tigerbbs.com/2df3bb907663b44274ed934252dd7e68","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570851911602612","authorIdStr":"3570851911602612"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349724101","repostId":"2125765476","repostType":4,"repost":{"id":"2125765476","pubTimestamp":1617635341,"share":"https://ttm.financial/m/news/2125765476?lang=&edition=fundamental","pubTime":"2021-04-05 23:09","market":"us","language":"en","title":"Is Microsoft Stock a Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=2125765476","media":"Motley Fool","summary":"This tech giant has helped investors beat the market in recent years. Can it continue?","content":"<p>This tech giant has helped investors beat the market in recent years. Can it continue?</p>\n<p><b>Microsoft</b> (NASDAQ:MSFT) is <a href=\"https://laohu8.com/S/AONE\">one</a> of the largest enterprises in the world with a market cap of $1.8 trillion. Its operations span from office productivity and collaboration tools to cloud computing and gaming services.</p>\n<p>Over the past three years, Microsoft stock has outperformed the broad market, jumping over 160% compared to the 52% gain of the<b>S&amp;P 500</b>. But past success is no guarantee of future performance, so is Microsoft still a buy?</p>\n<p>Productivity software</p>\n<p>Microsoft is the clear market leader&nbsp;in office productivity software. Applications like Word, PowerPoint, and Excel are industry standards, and collaboration tools like Teams and SharePoint make it possible to work together from anywhere.</p>\n<p><img src=\"https://static.tigerbbs.com/31a27392be61263195d52b55bf08c9bb\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Microsoft.</p>\n<p>Not surprisingly, the pandemic sparked strong demand for many of these products. For instance, Microsoft Whiteboard in Teams -- a feature that allows remote collaboration -- has seen a 12-fold increase&nbsp;in monthly active users over the past year. And while Teams is a free product, it adds substantial value to Microsoft 365, the company's software-as-a-service offering.</p>\n<p>In the first half of fiscal 2021 (the six months ended Dec. 31, 2020), sales in Microsoft's productivity segment jumped 12%, driven by 21% growth&nbsp;in Office 365 commercial revenue. Also noteworthy, Dynamics 365 sales -- a hybrid of enterprise resource planning (ERP) and customer relationship management (CRM) software&nbsp;-- jumped 38%&nbsp;during the same period.</p>\n<p><b>Cloud computing and gaming</b></p>\n<p>Microsoft Azure is the second most popular public cloud in the world, and it's gaining ground on&nbsp;<b>Amazon</b> Web Services (AWS). At the end of 2020, Azure had achieved 20% market share, up from 15%&nbsp;at the end of 2018. Meanwhile, AWS has dropped from 33% to 32% over that period.</p>\n<p>To avoid vendor lock-in, more cloud computing customers are opting for hybrid or multi-cloud solutions&nbsp;-- meaning cloud resources are split between on-premise data centers and <a href=\"https://laohu8.com/S/AONE.U\">one</a> or more public clouds. Microsoft has leaned into this trend&nbsp;and established itself as a leader.</p>\n<p>Azure Arc enables clients to extend Azure management to any environment. Put another way, users can manage all cloud resources from one location, even if those resources aren't stored in Microsoft's cloud. That greatly reduces complexity, and it makes a strong case for why clients should choose Azure as part of their cloud strategy.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/859ca01b7bf928d21645695411d86ba8\" tg-width=\"700\" tg-height=\"550\"><span>Image source: Microsoft.</span></p>\n<p>In gaming, Microsoft launched the Xbox series X and S last November -- the series X was designed for performance while the series S comes at a more affordable price. In a recent earnings call, CEO Satya Nadella called it \"the most successful\" launch in the company's history \"with the most devices ever sold in a launch month.\" That helped drive gaming revenue of $2.3 billion in the first six months of fiscal 2021, up 38%&nbsp;from the prior year.</p>\n<p><b>The big picture</b></p>\n<p>Microsoft has delivered an impressive financial performance in recent years, driven primarily by strength in its productivity and cloud computing businesses.</p>\n<p>Both revenue and free cash flow have logged double-digit compound annual growth rates, and investors should note the company's gross margin has trended upward as well, rising from 65% in 2017 to 68% in the trailing 12-month period. That improving profitability has actually helped free cash flow grow more quickly than revenue.</p>\n<p>Also noteworthy, Microsoft currently has $132 billion in cash, equivalents, and short-term investments on its balance sheet. That's more than double its $60 billion of debt, putting the company in a very healthy financial position.</p>\n<p>In terms of valuation, Microsoft trades at 12 times sales and 36 times earnings. Both of those figures are at the high end of their historical ranges. In other words, the stock looks more pricey today than it has for most of the last decade.</p>\n<p><b>The verdict</b></p>\n<p>Investors should keep in mind that while Microsoft's vast operations come with an enormous market opportunity, the company faces competition from virtually every angle. Most notably, in cloud computing, the tech giant squares off with AWS and<b>Alphabet</b>'s Google Cloud. And in the market for collaboration and CRM software, Microsoft competes with<b>salesforce.com</b>, a rivalry that could become more intense if <a href=\"https://laohu8.com/S/CRM\">Salesforce</a>'s acquisition of<b>Slack</b> wins approval.</p>\n<p>However, Microsoft is a very profitable business with deep pockets and a strong competitive position in several industries. From that perspective, this stock looks like a good addition to any portfolio, even at today's elevated valuation.</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>Is Microsoft Stock a Buy?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Microsoft Stock a Buy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-05 23:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/05/is-microsoft-stock-a-buy/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This tech giant has helped investors beat the market in recent years. Can it continue?\nMicrosoft (NASDAQ:MSFT) is one of the largest enterprises in the world with a market cap of $1.8 trillion. Its ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/05/is-microsoft-stock-a-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03086":"华夏纳指","MSFT":"微软","09086":"华夏纳指-U"},"source_url":"https://www.fool.com/investing/2021/04/05/is-microsoft-stock-a-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2125765476","content_text":"This tech giant has helped investors beat the market in recent years. Can it continue?\nMicrosoft (NASDAQ:MSFT) is one of the largest enterprises in the world with a market cap of $1.8 trillion. Its operations span from office productivity and collaboration tools to cloud computing and gaming services.\nOver the past three years, Microsoft stock has outperformed the broad market, jumping over 160% compared to the 52% gain of theS&P 500. But past success is no guarantee of future performance, so is Microsoft still a buy?\nProductivity software\nMicrosoft is the clear market leader in office productivity software. Applications like Word, PowerPoint, and Excel are industry standards, and collaboration tools like Teams and SharePoint make it possible to work together from anywhere.\n\nImage source: Microsoft.\nNot surprisingly, the pandemic sparked strong demand for many of these products. For instance, Microsoft Whiteboard in Teams -- a feature that allows remote collaboration -- has seen a 12-fold increase in monthly active users over the past year. And while Teams is a free product, it adds substantial value to Microsoft 365, the company's software-as-a-service offering.\nIn the first half of fiscal 2021 (the six months ended Dec. 31, 2020), sales in Microsoft's productivity segment jumped 12%, driven by 21% growth in Office 365 commercial revenue. Also noteworthy, Dynamics 365 sales -- a hybrid of enterprise resource planning (ERP) and customer relationship management (CRM) software -- jumped 38% during the same period.\nCloud computing and gaming\nMicrosoft Azure is the second most popular public cloud in the world, and it's gaining ground on Amazon Web Services (AWS). At the end of 2020, Azure had achieved 20% market share, up from 15% at the end of 2018. Meanwhile, AWS has dropped from 33% to 32% over that period.\nTo avoid vendor lock-in, more cloud computing customers are opting for hybrid or multi-cloud solutions -- meaning cloud resources are split between on-premise data centers and one or more public clouds. Microsoft has leaned into this trend and established itself as a leader.\nAzure Arc enables clients to extend Azure management to any environment. Put another way, users can manage all cloud resources from one location, even if those resources aren't stored in Microsoft's cloud. That greatly reduces complexity, and it makes a strong case for why clients should choose Azure as part of their cloud strategy.\nImage source: Microsoft.\nIn gaming, Microsoft launched the Xbox series X and S last November -- the series X was designed for performance while the series S comes at a more affordable price. In a recent earnings call, CEO Satya Nadella called it \"the most successful\" launch in the company's history \"with the most devices ever sold in a launch month.\" That helped drive gaming revenue of $2.3 billion in the first six months of fiscal 2021, up 38% from the prior year.\nThe big picture\nMicrosoft has delivered an impressive financial performance in recent years, driven primarily by strength in its productivity and cloud computing businesses.\nBoth revenue and free cash flow have logged double-digit compound annual growth rates, and investors should note the company's gross margin has trended upward as well, rising from 65% in 2017 to 68% in the trailing 12-month period. That improving profitability has actually helped free cash flow grow more quickly than revenue.\nAlso noteworthy, Microsoft currently has $132 billion in cash, equivalents, and short-term investments on its balance sheet. That's more than double its $60 billion of debt, putting the company in a very healthy financial position.\nIn terms of valuation, Microsoft trades at 12 times sales and 36 times earnings. Both of those figures are at the high end of their historical ranges. In other words, the stock looks more pricey today than it has for most of the last decade.\nThe verdict\nInvestors should keep in mind that while Microsoft's vast operations come with an enormous market opportunity, the company faces competition from virtually every angle. Most notably, in cloud computing, the tech giant squares off with AWS andAlphabet's Google Cloud. And in the market for collaboration and CRM software, Microsoft competes withsalesforce.com, a rivalry that could become more intense if Salesforce's acquisition ofSlack wins approval.\nHowever, Microsoft is a very profitable business with deep pockets and a strong competitive position in several industries. From that perspective, this stock looks like a good addition to any portfolio, even at today's elevated valuation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360389052,"gmtCreate":1613831746176,"gmtModify":1704885414067,"author":{"id":"3570851911602612","authorId":"3570851911602612","name":"Issacwilson","avatar":"https://static.tigerbbs.com/2df3bb907663b44274ed934252dd7e68","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570851911602612","authorIdStr":"3570851911602612"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/360389052","repostId":"1194607255","repostType":4,"repost":{"id":"1194607255","pubTimestamp":1613728971,"share":"https://ttm.financial/m/news/1194607255?lang=&edition=fundamental","pubTime":"2021-02-19 18:02","market":"us","language":"en","title":"Uber drivers should be classified as workers not independent contractors, top UK court rules","url":"https://stock-news.laohu8.com/highlight/detail?id=1194607255","media":"cnbc","summary":"LONDON —Uberlost a crucial legal fight in the U.K. on Friday, as the country's Supreme Court upheld ","content":"<div>\n<p>LONDON —Uberlost a crucial legal fight in the U.K. on Friday, as the country's Supreme Court upheld a ruling that its drivers should be classified as workers rather than independent contractors.\nThe ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/19/uk-supreme-court-rules-uber-drivers-are-workers-not-contractors.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>Uber drivers should be classified as workers not independent contractors, top UK court rules</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\">\nUber drivers should be classified as workers not independent contractors, top UK court rules\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-19 18:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/19/uk-supreme-court-rules-uber-drivers-are-workers-not-contractors.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>LONDON —Uberlost a crucial legal fight in the U.K. on Friday, as the country's Supreme Court upheld a ruling that its drivers should be classified as workers rather than independent contractors.\nThe ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/19/uk-supreme-court-rules-uber-drivers-are-workers-not-contractors.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步"},"source_url":"https://www.cnbc.com/2021/02/19/uk-supreme-court-rules-uber-drivers-are-workers-not-contractors.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1194607255","content_text":"LONDON —Uberlost a crucial legal fight in the U.K. on Friday, as the country's Supreme Court upheld a ruling that its drivers should be classified as workers rather than independent contractors.\nThe verdict concludes an almost five-year legal battle between Uber and a group of former drivers who claim they were workers entitled to employment rights like a minimum wage, holiday pay and rest breaks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":119165900,"gmtCreate":1622528119400,"gmtModify":1704185685902,"author":{"id":"3570851911602612","authorId":"3570851911602612","name":"Issacwilson","avatar":"https://static.tigerbbs.com/2df3bb907663b44274ed934252dd7e68","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570851911602612","authorIdStr":"3570851911602612"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/119165900","repostId":"1149724894","repostType":4,"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":314065840,"gmtCreate":1612280730980,"gmtModify":1704869312150,"author":{"id":"3570851911602612","authorId":"3570851911602612","name":"Issacwilson","avatar":"https://static.tigerbbs.com/2df3bb907663b44274ed934252dd7e68","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570851911602612","authorIdStr":"3570851911602612"},"themes":[],"htmlText":"?&nbsp;","listText":"?&nbsp;","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/314065840","repostId":"1113195747","repostType":4,"repost":{"id":"1113195747","pubTimestamp":1612259771,"share":"https://ttm.financial/m/news/1113195747?lang=&edition=fundamental","pubTime":"2021-02-02 17:56","market":"fut","language":"en","title":"Gamestop, silver spot down, \"farce\" is slowly ending?","url":"https://stock-news.laohu8.com/highlight/detail?id=1113195747","media":"reuters","summary":"SINGAPORE (Reuters) - GameStop shares slid in Frankfurt and U.S. pre-market trade on Tuesday and a s","content":"<p>SINGAPORE (Reuters) - GameStop shares slid in Frankfurt and U.S. pre-market trade on Tuesday and a silver buying spree led by small investors subsided as retail-driven mania for shorted assets started to show signs of fizzling out.</p>\n<p>GameStop’s Frankfurt-listed shares were down 30% from Monday’s close at 143 euros ($172.72) in early trade on Tuesday, after the firm’s stock closed at $225 in U.S. markets. It fell 23% to $173 in pre-market U.S. trade.</p>\n<p>Spot silver prices fell more than 4% to $27.66 an ounce to sit some 8% beneath the eight-year high made on Monday, when retail traders bought coins and piled into silver funds to set prices spiking.</p>\n<p>Analysts said the silver pullback may show the limits of small investors’ impact in a large market, while posts on the popular Reddit forum WallStreetBets expressed concern that silver buying could cost traders their grip on some stocks.</p>\n<p>The social media-driven trading frenzy “could be slowly ending”, said OANDA market analyst Edward Moya. “Like all good rollercoaster rides, they all come to an end.”</p>\n<p>Retail buyers’ darling GameStop Corp dropped 30.8% on Monday, though it remains about 1,000% higher than a couple of weeks ago, before an organised band of small buyers piled in and forced a “squeeze” which required big funds to close short positions by buying shares at very high prices.</p>\n<p>Other shares caught up in a frenzy that has battered short-sellers extended their advance, including BlackBerry Ltd.</p>\n<p>Online broker Robinhood, on whose platform much of the buying and selling has taken place, also raised another $2.4 billion from shareholders just days after investors pumped in $1 billion.</p>\n<p>“It certainly feels like there’s some evidence of peak retail stall, but hard to gauge since they’re still sitting on decent profits,” said Mirabaud’s London-based equity sales trader Mark Taylor.</p>\n<p>“With volumes in all the hot stocks collapsing, silver attack met by margin, Robinhood having to seek fresh collateral at a rampant speed, the signals that the retail mania could unravel rapidly are aligning.”</p>\n<p>Small traders’ involvement in financial markets has grown sharply over the past year as lockdowns, volatility and stimulus cheques have combined to drive an investment surge that has turbocharged a huge rally in global equities since last March.</p>\n<p>Day-trading mania has boosted the price of assets ranging from cryptocurrencies to new stock market listings. In London a sign of still-strong demand came from online greeting-card retailer Moonpig, which leapt 25% on debut on Tuesday.</p>\n<p>The showdown between short-selling hedge funds and the small-time day traders also has also drawn scrutiny from financial regulators, lawmakers and the White House, concerned about possible market manipulation.</p>\n<p>Robinhood continued to roll back trading curbs on Monday, raising trading limits on GameStop to 20 shares from four.</p>\n<p>Weak prices in pre-market trade may serve as a guide to where the phenomenon is headed next, although broader markets appeared to be moving on from jitters the frenzied buying had triggered and equities in Asia rose broadly on stimulus hopes. [MKTS/GLOB]</p>\n<p>The number of shorted GameStop shares has fallen by more than half in a week, analytics firm S3 Partners said on Monday, although the videogame retailer remained the sixth-biggest short by value.</p>\n<p>“Short-squeeze mania has calmed a bit for this week,” said Chris Brankin, chief executive of broker TD Ameritrade in Singapore.</p>\n<p>QUICKSILVER</p>\n<p>Silver’s slumping spot price on Tuesday came even as dealers reported brisk trade in Asia, albeit below Monday’s massive volumes, suggesting a further squeeze higher might be unlikely.</p>\n<p>A lot of people who were anticipating a GameStop-like rally in silver “now realize there is not as much buying pressure pushing it up” as some had thought, said Michael Matousek, head trader at U.S. Global Investors.</p>\n<p>An additional drag on prices was an overnight margin hike by the Chicago Mercantile Exchange, which makes speculative trade using derivatives products more expensive.</p>\n<p>“Silver is much more liquid compared to stocks, and there are costs to holding the metal,” said Benjamin Yeo, head of dealing at Phillip Futures in Singapore, where on Monday silver futures volumes had been surging.</p>\n<p>“In the short term, we can expect more volatility from the retail buying interest, but do not think it is sustainable.”</p>\n<p>The unit price of Australia’s ETF Securities’ Physical Silver fund fell 1% in Sydney after drawing a record A$76 million ($58 million) in inflows on Monday. Small silver miners, which had leapt, also retraced some of their gains.</p>\n<p>“It is slowing down a bit,” said Gregor Gregersen, founder of Silver Bullion, a dealer in Singapore, after a wild 24 hours where he said sales exceeded average monthly levels from 2018 and orders above S$35,000 ($26,300) arrived every three minutes.</p>\n<p>Reddit moderators had on Tuesday removed one of the most popular posts suggesting buying silver and many WallStreetBets posts focused on riding out the volatility.</p>\n<p>“WHO IS HOLDING GME WITH ME?” read one top post. “I’M HOLDING EVEN IF MY PORTFOLIO GOES DOWN TO ZERO,” read another.</p>\n<p>($1 = 0.8280 euros)</p>\n<p>($1 = 1.3108 Australian dollars)</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>Gamestop, silver spot down, \"farce\" is slowly ending?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGamestop, silver spot down, \"farce\" is slowly ending?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-02 17:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-retail-trading/gamestop-slides-silver-spree-stalls-as-retail-traders-run-out-of-road-idUSKBN2A20ZS?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE (Reuters) - GameStop shares slid in Frankfurt and U.S. pre-market trade on Tuesday and a silver buying spree led by small investors subsided as retail-driven mania for shorted assets started...</p>\n\n<a href=\"https://www.reuters.com/article/us-retail-trading/gamestop-slides-silver-spree-stalls-as-retail-traders-run-out-of-road-idUSKBN2A20ZS?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3780c78c8bb55dbf0b4bcd80ffe89707","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.reuters.com/article/us-retail-trading/gamestop-slides-silver-spree-stalls-as-retail-traders-run-out-of-road-idUSKBN2A20ZS?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113195747","content_text":"SINGAPORE (Reuters) - GameStop shares slid in Frankfurt and U.S. pre-market trade on Tuesday and a silver buying spree led by small investors subsided as retail-driven mania for shorted assets started to show signs of fizzling out.\nGameStop’s Frankfurt-listed shares were down 30% from Monday’s close at 143 euros ($172.72) in early trade on Tuesday, after the firm’s stock closed at $225 in U.S. markets. It fell 23% to $173 in pre-market U.S. trade.\nSpot silver prices fell more than 4% to $27.66 an ounce to sit some 8% beneath the eight-year high made on Monday, when retail traders bought coins and piled into silver funds to set prices spiking.\nAnalysts said the silver pullback may show the limits of small investors’ impact in a large market, while posts on the popular Reddit forum WallStreetBets expressed concern that silver buying could cost traders their grip on some stocks.\nThe social media-driven trading frenzy “could be slowly ending”, said OANDA market analyst Edward Moya. “Like all good rollercoaster rides, they all come to an end.”\nRetail buyers’ darling GameStop Corp dropped 30.8% on Monday, though it remains about 1,000% higher than a couple of weeks ago, before an organised band of small buyers piled in and forced a “squeeze” which required big funds to close short positions by buying shares at very high prices.\nOther shares caught up in a frenzy that has battered short-sellers extended their advance, including BlackBerry Ltd.\nOnline broker Robinhood, on whose platform much of the buying and selling has taken place, also raised another $2.4 billion from shareholders just days after investors pumped in $1 billion.\n“It certainly feels like there’s some evidence of peak retail stall, but hard to gauge since they’re still sitting on decent profits,” said Mirabaud’s London-based equity sales trader Mark Taylor.\n“With volumes in all the hot stocks collapsing, silver attack met by margin, Robinhood having to seek fresh collateral at a rampant speed, the signals that the retail mania could unravel rapidly are aligning.”\nSmall traders’ involvement in financial markets has grown sharply over the past year as lockdowns, volatility and stimulus cheques have combined to drive an investment surge that has turbocharged a huge rally in global equities since last March.\nDay-trading mania has boosted the price of assets ranging from cryptocurrencies to new stock market listings. In London a sign of still-strong demand came from online greeting-card retailer Moonpig, which leapt 25% on debut on Tuesday.\nThe showdown between short-selling hedge funds and the small-time day traders also has also drawn scrutiny from financial regulators, lawmakers and the White House, concerned about possible market manipulation.\nRobinhood continued to roll back trading curbs on Monday, raising trading limits on GameStop to 20 shares from four.\nWeak prices in pre-market trade may serve as a guide to where the phenomenon is headed next, although broader markets appeared to be moving on from jitters the frenzied buying had triggered and equities in Asia rose broadly on stimulus hopes. [MKTS/GLOB]\nThe number of shorted GameStop shares has fallen by more than half in a week, analytics firm S3 Partners said on Monday, although the videogame retailer remained the sixth-biggest short by value.\n“Short-squeeze mania has calmed a bit for this week,” said Chris Brankin, chief executive of broker TD Ameritrade in Singapore.\nQUICKSILVER\nSilver’s slumping spot price on Tuesday came even as dealers reported brisk trade in Asia, albeit below Monday’s massive volumes, suggesting a further squeeze higher might be unlikely.\nA lot of people who were anticipating a GameStop-like rally in silver “now realize there is not as much buying pressure pushing it up” as some had thought, said Michael Matousek, head trader at U.S. Global Investors.\nAn additional drag on prices was an overnight margin hike by the Chicago Mercantile Exchange, which makes speculative trade using derivatives products more expensive.\n“Silver is much more liquid compared to stocks, and there are costs to holding the metal,” said Benjamin Yeo, head of dealing at Phillip Futures in Singapore, where on Monday silver futures volumes had been surging.\n“In the short term, we can expect more volatility from the retail buying interest, but do not think it is sustainable.”\nThe unit price of Australia’s ETF Securities’ Physical Silver fund fell 1% in Sydney after drawing a record A$76 million ($58 million) in inflows on Monday. Small silver miners, which had leapt, also retraced some of their gains.\n“It is slowing down a bit,” said Gregor Gregersen, founder of Silver Bullion, a dealer in Singapore, after a wild 24 hours where he said sales exceeded average monthly levels from 2018 and orders above S$35,000 ($26,300) arrived every three minutes.\nReddit moderators had on Tuesday removed one of the most popular posts suggesting buying silver and many WallStreetBets posts focused on riding out the volatility.\n“WHO IS HOLDING GME WITH ME?” read one top post. “I’M HOLDING EVEN IF MY PORTFOLIO GOES DOWN TO ZERO,” read another.\n($1 = 0.8280 euros)\n($1 = 1.3108 Australian dollars)","news_type":1},"isVote":1,"tweetType":1,"viewCount":223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":313080596,"gmtCreate":1611635780615,"gmtModify":1704861566255,"author":{"id":"3570851911602612","authorId":"3570851911602612","name":"Issacwilson","avatar":"https://static.tigerbbs.com/2df3bb907663b44274ed934252dd7e68","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570851911602612","authorIdStr":"3570851911602612"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/313080596","repostId":"1189754831","repostType":4,"isVote":1,"tweetType":1,"viewCount":145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}