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2021-02-23

$iShares Global Clean Energy ETF(ICLN)$:/)

2021-02-25

interesting read

Charlie Munger doesn’t know what’s worse: Tesla at $1 trillion or bitcoin at $50,000

2021-03-08

drop then increase

Why Tech Stocks Have Further To Drop

2021-03-08

great

Cathie Wood’s New Tesla Price Target Is Coming Soon. Here’s Where It Might Land.

2021-03-06

:’)

@阳光财经: 美股分析：終於“回本”啦，我是說跌回本金附近了。

2021-03-03

Interesting

10% GDP growth? The U.S. economy is on fire, and is about to get stoked even more

2021-03-02

????

Citi stock jumps nearly 4% as Wells Fargo makes case for higher valuation

2021-03-02

nice

Sorry, the original content has been removed

2021-02-26

$Viking Therapeutics(VKTX)$:)

2021-02-26

buy more?

Go to Tiger App to see more news

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then increase&nbsp;","listText":"&nbsp;drop then increase&nbsp;","text":"drop then increase","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329131139","repostId":"1110879160","repostType":2,"repost":{"id":"1110879160","kind":"news","pubTimestamp":1615186612,"share":"https://ttm.financial/m/news/1110879160?lang=&edition=fundamental","pubTime":"2021-03-08 14:56","market":"us","language":"en","title":"Why Tech Stocks Have Further To Drop","url":"https://stock-news.laohu8.com/highlight/detail?id=1110879160","media":"seekingalpha","summary":"Summary\n\nTech stocks have dropped recently, but they remain extremely expensive.\nInterest rates are ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Tech stocks have dropped recently, but they remain extremely expensive.</li>\n <li>Interest rates are back on the rise and the pandemic is coming to an end. Both are serious headwinds for tech stocks.</li>\n <li>Other sectors present better value and the opportunity cost of investing in tech stocks is on the rise.</li>\n</ul>\n<p>Lately, Tech stocks have taken a beating.</p>\n<p>Amazon (AMZN) is down 10%...</p>\n<p>Apple (AAPL) is down 12%...</p>\n<p>Zoom (ZM) is down 16%...</p>\n<p>Tesla (TSLA) is down 28% (!!!)</p>\n<p>And The ARK Innovation ETF (ARKK), which invests heavily in all the hot tech stocks, is down by 18%.</p>\n<p>Is this pullback the long-awaited opportunity to buy tech stocks?</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7d2b8b2c9235382080e5b9b258dce2aa\" tg-width=\"635\" tg-height=\"470\"><span>Data by YCharts</span></p>\n<p>From the title of this article, you probably already know our thoughts on that.</p>\n<p>We think that tech stocks have further to drop and this recent correction could be just the beginning.</p>\n<p>While it's impossible to know how the market will behave in the short run, we don't like the risk-to-reward of tech stocks even at these lower prices.</p>\n<p>Here are five reasons why:</p>\n<p><b>Reason #1: The Recent Drop is Just the Tip of the Iceberg</b></p>\n<p>Just because something has dropped recently does not make it a bargain.</p>\n<p>Even after the recent sell-off, most tech stocks are up by a very large amount.</p>\n<p>As an example, the ARK Innovation ETF is still up by over 100% over the past year:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/350ee17c2fc8b740310af6be790f3409\" tg-width=\"635\" tg-height=\"403\"><span>Data by YCharts</span></p>\n<p>So the bigger picture remains the same:</p>\n<p>Tech stocks are still trading at extremely high valuations, and the recent sell-off doesn't change that.</p>\n<p>Paying 50-100x earnings for something after it's already up by a significant amount is not what we would call a buying opportunity.</p>\n<p>As interest rates continue to rise, it's normal for these nose-bleed valuations to revert closer to where they used to be. In fact, the recent drop could very well be just the beginning.</p>\n<p><b>Reason #2: High Sensitivity to Interest Rates</b></p>\n<p>All it took for valuations to start dropping is a small surge in Treasury rates. The market is essentially telling us that 1.5% is too much to sustain these extreme valuations in the tech sector.</p>\n<p>But what if the 1.5% keeps on rising and turns into 3%? That's where rates were prior to the pandemic:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c83ee36d95346d88356afbd28f80c14b\" tg-width=\"635\" tg-height=\"403\"><span>Data by YCharts</span></p>\n<p>The tech sector has become very sensitive to interest rates because valuations are extremely high and the expected cash flow is far into the future (which makes them similar to long-dated bonds).</p>\n<p>If a 0.7% rise in treasury rates was enough to cause popular tech stocks to drop by ~20%, what would a 1.5% rise cause to them?</p>\n<p>They would likely collapse much closer to where they were prior to the pandemic when the treasury rates were 2x higher.</p>\n<p>We are not able to predict treasury rates and this high sensitivity makes us uncomfortable. There is no margin of safety.</p>\n<p><b>Reason #3: Growth Tailwind Turning into Growth Headwind</b></p>\n<p>Tech stocks benefited significantly from the pandemic.</p>\n<p>People were locked inside and businesses had to learn how to work remotely.</p>\n<p>As a result, the sales of major tech solutions exploded.</p>\n<p>Think about Slack (WORK) subscriptions, Netflix (NFLX) accounts, Facebook (FB) ad spending, Amazon (AMZN) orders, etc.</p>\n<p>When people are locked inside their homes, they need more technology to get by, and these companies profited.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/94b8e69268177effa916568e03834cb5\" tg-width=\"700\" tg-height=\"394\"><span>source</span></p>\n<p>But now the pandemic is coming to an end and the world is slowly returning back to normal.</p>\n<p>This means that some of the growth that happened in the tech sector will revert back to traditional sectors.</p>\n<p>To give you a simple example: I had a Netflix account during most of 2020, but don't find the time to use it anymore. I rather spend time outside and so I end up canceling my account. I am sure that I am not alone in this situation.</p>\n<p>The same applies to a lot of other tech companies.</p>\n<p>Simon Property Group (SPG) recently noted that its malls are back to ~90% of pre-crisis sales within weeks of reopening. During the heights of the pandemic, most of these sales would have occurred online. Now they are reverting back to brick-and-mortar retail.</p>\n<p>To be clear, not all the growth will revert back. Some of it will be permanent gains. But not all of it, and that's why the tailwind is tuning into a headwind.</p>\n<p><b>Reason #4: Vaccinations are Accelerating The Return to Normal</b></p>\n<p>Most sectors benefit from the vaccine because it accelerates the return to normal. The good news is that by now, 16% of the total US population has already received the vaccine and we are currently administering over 2 million shots a day.</p>\n<p>At this pace, most people will be vaccinated within a few months from now. This also means that more people will be returning to office buildings, spend time outside, socialize... put simply, go back to their previous lives.</p>\n<p><img src=\"https://static.tigerbbs.com/5e6426fd681e6ad33cfe1bffebc32c5e\" tg-width=\"1200\" tg-height=\"628\"></p>\n<p>In that sense, the acceleration in vaccine distribution is actually bad news for tech stocks. The faster people can return to their previous habits, the greater the headwind for tech stocks.</p>\n<p>The pandemic trade could be coming to an end already by the Summer, and it is not yet reflected in valuations, which remain much higher than they were prior to the pandemic.</p>\n<p><b>Reason #5: Other Sectors Offer Better Risk-to-Reward</b></p>\n<p>Finally, and perhaps most importantly, everything is relative in finance.</p>\n<p>Tech stocks are only attractive if the rest of the market is less attractive.</p>\n<p>Right now, the opposite is true.</p>\n<p>Many market sectors are still beaten-down and trade at historically low valuations even as we approach the end of the pandemic.</p>\n<p>MLPs (AMLP) are a great example of that. They are up substantially over the past month, and we believe that they will continue to rise as we recover from this pandemic:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ff92bc92e3bacea6f1c8d92bcd3a7617\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p>\n<p>We much rather invest in sectors that are discounted and enjoy a tailwind rather than expensive tech stocks which face a clear headwind going forward.</p>\n<p>Every investment has opportunity costs, and right now, the opportunity cost of investing in tech stocks is becoming increasingly large relative to other sectors.</p>\n<p>The sentiment for tech stocks is slowly fading, all while the sentiment for other sectors is improving. The shift in market narrative will only accelerate as we put this crisis behind.</p>\n<p><b>Bottom Line</b></p>\n<p>Now probably isn't a good time to invest in tech stocks. Yes, they are down a bit, but that does not make them attractive.</p>\n<p>Valuations remain historically high even as we approach the end of the pandemic, which will hurt many tech companies that benefited from it. Adding fuel to the fire, interest rates are back on the rise, and at these valuations, there is no margin of safety.</p>\n<p>At High Yield Investor, we find much better value in traditional sectors such as MLPs, REITs, and utilities which remain deeply discounted. That's where most of our capital is going at this time.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Tech Stocks Have Further To Drop</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Tech Stocks Have Further To Drop\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-08 14:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4411838-why-tech-stocks-to-drop><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nTech stocks have dropped recently, but they remain extremely expensive.\nInterest rates are back on the rise and the pandemic is coming to an end. Both are serious headwinds for tech stocks.\n...</p>\n\n<a href=\"https://seekingalpha.com/article/4411838-why-tech-stocks-to-drop\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZM":"Zoom","ARKK":"ARK Innovation ETF","TSLA":"特斯拉","AMZN":"亚马逊",".IXIC":"NASDAQ Composite","AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4411838-why-tech-stocks-to-drop","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1110879160","content_text":"Summary\n\nTech stocks have dropped recently, but they remain extremely expensive.\nInterest rates are back on the rise and the pandemic is coming to an end. Both are serious headwinds for tech stocks.\nOther sectors present better value and the opportunity cost of investing in tech stocks is on the rise.\n\nLately, Tech stocks have taken a beating.\nAmazon (AMZN) is down 10%...\nApple (AAPL) is down 12%...\nZoom (ZM) is down 16%...\nTesla (TSLA) is down 28% (!!!)\nAnd The ARK Innovation ETF (ARKK), which invests heavily in all the hot tech stocks, is down by 18%.\nIs this pullback the long-awaited opportunity to buy tech stocks?\nData by YCharts\nFrom the title of this article, you probably already know our thoughts on that.\nWe think that tech stocks have further to drop and this recent correction could be just the beginning.\nWhile it's impossible to know how the market will behave in the short run, we don't like the risk-to-reward of tech stocks even at these lower prices.\nHere are five reasons why:\nReason #1: The Recent Drop is Just the Tip of the Iceberg\nJust because something has dropped recently does not make it a bargain.\nEven after the recent sell-off, most tech stocks are up by a very large amount.\nAs an example, the ARK Innovation ETF is still up by over 100% over the past year:\nData by YCharts\nSo the bigger picture remains the same:\nTech stocks are still trading at extremely high valuations, and the recent sell-off doesn't change that.\nPaying 50-100x earnings for something after it's already up by a significant amount is not what we would call a buying opportunity.\nAs interest rates continue to rise, it's normal for these nose-bleed valuations to revert closer to where they used to be. In fact, the recent drop could very well be just the beginning.\nReason #2: High Sensitivity to Interest Rates\nAll it took for valuations to start dropping is a small surge in Treasury rates. The market is essentially telling us that 1.5% is too much to sustain these extreme valuations in the tech sector.\nBut what if the 1.5% keeps on rising and turns into 3%? That's where rates were prior to the pandemic:\nData by YCharts\nThe tech sector has become very sensitive to interest rates because valuations are extremely high and the expected cash flow is far into the future (which makes them similar to long-dated bonds).\nIf a 0.7% rise in treasury rates was enough to cause popular tech stocks to drop by ~20%, what would a 1.5% rise cause to them?\nThey would likely collapse much closer to where they were prior to the pandemic when the treasury rates were 2x higher.\nWe are not able to predict treasury rates and this high sensitivity makes us uncomfortable. There is no margin of safety.\nReason #3: Growth Tailwind Turning into Growth Headwind\nTech stocks benefited significantly from the pandemic.\nPeople were locked inside and businesses had to learn how to work remotely.\nAs a result, the sales of major tech solutions exploded.\nThink about Slack (WORK) subscriptions, Netflix (NFLX) accounts, Facebook (FB) ad spending, Amazon (AMZN) orders, etc.\nWhen people are locked inside their homes, they need more technology to get by, and these companies profited.\nsource\nBut now the pandemic is coming to an end and the world is slowly returning back to normal.\nThis means that some of the growth that happened in the tech sector will revert back to traditional sectors.\nTo give you a simple example: I had a Netflix account during most of 2020, but don't find the time to use it anymore. I rather spend time outside and so I end up canceling my account. I am sure that I am not alone in this situation.\nThe same applies to a lot of other tech companies.\nSimon Property Group (SPG) recently noted that its malls are back to ~90% of pre-crisis sales within weeks of reopening. During the heights of the pandemic, most of these sales would have occurred online. Now they are reverting back to brick-and-mortar retail.\nTo be clear, not all the growth will revert back. Some of it will be permanent gains. But not all of it, and that's why the tailwind is tuning into a headwind.\nReason #4: Vaccinations are Accelerating The Return to Normal\nMost sectors benefit from the vaccine because it accelerates the return to normal. The good news is that by now, 16% of the total US population has already received the vaccine and we are currently administering over 2 million shots a day.\nAt this pace, most people will be vaccinated within a few months from now. This also means that more people will be returning to office buildings, spend time outside, socialize... put simply, go back to their previous lives.\n\nIn that sense, the acceleration in vaccine distribution is actually bad news for tech stocks. The faster people can return to their previous habits, the greater the headwind for tech stocks.\nThe pandemic trade could be coming to an end already by the Summer, and it is not yet reflected in valuations, which remain much higher than they were prior to the pandemic.\nReason #5: Other Sectors Offer Better Risk-to-Reward\nFinally, and perhaps most importantly, everything is relative in finance.\nTech stocks are only attractive if the rest of the market is less attractive.\nRight now, the opposite is true.\nMany market sectors are still beaten-down and trade at historically low valuations even as we approach the end of the pandemic.\nMLPs (AMLP) are a great example of that. They are up substantially over the past month, and we believe that they will continue to rise as we recover from this pandemic:\nData by YCharts\nWe much rather invest in sectors that are discounted and enjoy a tailwind rather than expensive tech stocks which face a clear headwind going forward.\nEvery investment has opportunity costs, and right now, the opportunity cost of investing in tech stocks is becoming increasingly large relative to other sectors.\nThe sentiment for tech stocks is slowly fading, all while the sentiment for other sectors is improving. The shift in market narrative will only accelerate as we put this crisis behind.\nBottom Line\nNow probably isn't a good time to invest in tech stocks. Yes, they are down a bit, but that does not make them attractive.\nValuations remain historically high even as we approach the end of the pandemic, which will hurt many tech companies that benefited from it. Adding fuel to the fire, interest rates are back on the rise, and at these valuations, there is no margin of safety.\nAt High Yield Investor, we find much better value in traditional sectors such as MLPs, REITs, and utilities which remain deeply discounted. That's where most of our capital is going at this time.","news_type":1},"isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329191144,"gmtCreate":1615214103788,"gmtModify":1704779655527,"author":{"id":"3571814849777762","authorId":"3571814849777762","name":"fddndjdk","avatar":"https://static.tigerbbs.com/2c79eb8165abbe0aec630ed22d48a780","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571814849777762","authorIdStr":"3571814849777762"},"themes":[],"htmlText":"great","listText":"great","text":"great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329191144","repostId":"1162079280","repostType":2,"repost":{"id":"1162079280","kind":"news","pubTimestamp":1615189189,"share":"https://ttm.financial/m/news/1162079280?lang=&edition=fundamental","pubTime":"2021-03-08 15:39","market":"us","language":"en","title":"Cathie Wood’s New Tesla Price Target Is Coming Soon. Here’s Where It Might Land.","url":"https://stock-news.laohu8.com/highlight/detail?id=1162079280","media":"Barrons","summary":"Tech disruption guru and ARK Investment founder Cathie Wood says her firm will put out a new price target for Tesla stock soon. No one knows exactly when, but when it arrives it will be a big deal for Tesla fans.The question for investors is what price for Tesla  is likely.Wood recently toldBarron’s Jack Houghthat the minimum return expected for a stock going into her portfolio is 15% a year for five years. “That’s a doubling over five years,” she said.There is a useful rule of thumb on Wall Str","content":"<p>Tech disruption guru and ARK Investment founder&nbsp;Cathie Wood&nbsp;says her firm will put out a new price target for&nbsp;Tesla&nbsp;stock soon. No one knows exactly when, but when it arrives it will be a big deal for Tesla fans.</p><p>The question for investors is what price for Tesla (ticker: TSLA) is likely.</p><p>Wood recently told<i>Barron’s</i>&nbsp;Jack Houghthat the minimum return expected for a stock going into her portfolio is 15% a year for five years. “That’s a doubling over five years,” she said.</p><p>There is a useful rule of thumb on Wall Street known as the “rule of 72”: The number 72 divided by the annual rate of return gives investors the years required to have a stock double. It’s an approximation, but a pretty good one. At 15% the rule of 72 equation yields 4.8 years. It actually takes about 4.96 years for an investment to double at 15% a year. Still, not bad.</p><p>Wood told Hough that Tesla stock will do “substantially more” than the 15% hurdle rate in her most bearish case for Tesla at current levels. Exactly what substantially better means and what current levels are is anyone’s guess. An annual return of 20% a year would yield a total return of about 150% over five years. That’s substantially more than 100% made earning 15% a year for five years.</p><p>As for levels, Tesla stock averaged roughly $650 for the past few days. That might mean Wood’s bear case is about $1,600 a share by 2026.</p><p>That leaves investors with base- and bull-cases to probe. Tesla stock has returned about 70% a year on average for the past five years. A repeat of that would put Tesla stock above $9,000 a share, making Tesla stock worth roughly $9 trillion. That might be too aggressive.</p><p>Amazon.comshares (AMZN) have returned about 40% a year on average for the past five years. If Tesla can reach that return, its stock would hit about $3,500 by 2026. That would make Tesla stock worth roughly $3.5 trillion, which would be more than all other auto stocks combined by a factor of two. Maybe cutting that figure to $3,000 is prudent.</p><p>Right in the middle of the bear- and bull-cases is a good guess for the base case. That yields $2,300 a share. At $2,300 by 2026, Tesla stock would have returned about 28% a year on average.</p><p>Wood’s target price for Tesla stock in five years could easily be north of $2,000.In 2018, Wood made a now legendary call that Tesla would hit $4,000. That was before the stocksplit 5-for-1. Her call amounted to $800 a share, a level Tesla hit in late 2020.</p><p>Going from $800 to $2,000-plus might seem like a stretch. How can things have gotten that much better less than three years after the initial $800 call? Well, Tesla has made more money faster than expected, EV battery costs have continued to fall, and more auto makers have committed to anall-electric future.</p><p>Things are better for EVs.</p><p>Wall Street’s top Tesla target price is from Piper’sAlex Potterat $1,200 a share. Wall Streettarget pricesare typically where analysts expect prices to go over the coming 12 months.</p><p>Tesla stock has hit a bit ofa speed bumplately. Shares are down about 15% so far this year, lagging behind the returns of theS&amp;P 500andDow Jones Industrial Average.Business execution doesn’t appear to be the issue. Fears of inflation andhigher interest rateshave hit stock prices of many high-growth stocks lately.</p><p>Tesla is a high-growth company. It expects toincrease volumeat 50% a year on average for the foreseeable future.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood’s New Tesla Price Target Is Coming Soon. Here’s Where It Might Land.</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\">\nCathie Wood’s New Tesla Price Target Is Coming Soon. Here’s Where It Might Land.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-08 15:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/cathie-wood-has-a-new-tesla-target-price-soon-heres-where-it-might-be-51615060166?mod=hp_LEAD_1_B_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech disruption guru and ARK Investment founder Cathie Wood says her firm will put out a new price target for Tesla stock soon. No one knows exactly when, but when it arrives it will be a big deal for...</p>\n\n<a href=\"https://www.barrons.com/articles/cathie-wood-has-a-new-tesla-target-price-soon-heres-where-it-might-be-51615060166?mod=hp_LEAD_1_B_2\">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://www.barrons.com/articles/cathie-wood-has-a-new-tesla-target-price-soon-heres-where-it-might-be-51615060166?mod=hp_LEAD_1_B_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162079280","content_text":"Tech disruption guru and ARK Investment founder Cathie Wood says her firm will put out a new price target for Tesla stock soon. No one knows exactly when, but when it arrives it will be a big deal for Tesla fans.The question for investors is what price for Tesla (ticker: TSLA) is likely.Wood recently toldBarron’s Jack Houghthat the minimum return expected for a stock going into her portfolio is 15% a year for five years. “That’s a doubling over five years,” she said.There is a useful rule of thumb on Wall Street known as the “rule of 72”: The number 72 divided by the annual rate of return gives investors the years required to have a stock double. It’s an approximation, but a pretty good one. At 15% the rule of 72 equation yields 4.8 years. It actually takes about 4.96 years for an investment to double at 15% a year. Still, not bad.Wood told Hough that Tesla stock will do “substantially more” than the 15% hurdle rate in her most bearish case for Tesla at current levels. Exactly what substantially better means and what current levels are is anyone’s guess. An annual return of 20% a year would yield a total return of about 150% over five years. That’s substantially more than 100% made earning 15% a year for five years.As for levels, Tesla stock averaged roughly $650 for the past few days. That might mean Wood’s bear case is about $1,600 a share by 2026.That leaves investors with base- and bull-cases to probe. Tesla stock has returned about 70% a year on average for the past five years. A repeat of that would put Tesla stock above $9,000 a share, making Tesla stock worth roughly $9 trillion. That might be too aggressive.Amazon.comshares (AMZN) have returned about 40% a year on average for the past five years. If Tesla can reach that return, its stock would hit about $3,500 by 2026. That would make Tesla stock worth roughly $3.5 trillion, which would be more than all other auto stocks combined by a factor of two. Maybe cutting that figure to $3,000 is prudent.Right in the middle of the bear- and bull-cases is a good guess for the base case. That yields $2,300 a share. At $2,300 by 2026, Tesla stock would have returned about 28% a year on average.Wood’s target price for Tesla stock in five years could easily be north of $2,000.In 2018, Wood made a now legendary call that Tesla would hit $4,000. That was before the stocksplit 5-for-1. Her call amounted to $800 a share, a level Tesla hit in late 2020.Going from $800 to $2,000-plus might seem like a stretch. How can things have gotten that much better less than three years after the initial $800 call? Well, Tesla has made more money faster than expected, EV battery costs have continued to fall, and more auto makers have committed to anall-electric future.Things are better for EVs.Wall Street’s top Tesla target price is from Piper’sAlex Potterat $1,200 a share. Wall Streettarget pricesare typically where analysts expect prices to go over the coming 12 months.Tesla stock has hit a bit ofa speed bumplately. Shares are down about 15% so far this year, lagging behind the returns of theS&P 500andDow Jones Industrial Average.Business execution doesn’t appear to be the issue. Fears of inflation andhigher interest rateshave hit stock prices of many high-growth stocks lately.Tesla is a high-growth company. It expects toincrease volumeat 50% a year on average for the foreseeable future.","news_type":1},"isVote":1,"tweetType":1,"viewCount":289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320112559,"gmtCreate":1615040479971,"gmtModify":1704778342495,"author":{"id":"3571814849777762","authorId":"3571814849777762","name":"fddndjdk","avatar":"https://static.tigerbbs.com/2c79eb8165abbe0aec630ed22d48a780","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571814849777762","authorIdStr":"3571814849777762"},"themes":[],"htmlText":":’)","listText":":’)","text":":’)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/320112559","repostId":"320357114","repostType":1,"repost":{"id":320357114,"gmtCreate":1615025092534,"gmtModify":1704778264841,"author":{"id":"3468322318173915","authorId":"3468322318173915","name":"阳光财经","avatar":"https://static.tigerbbs.com/ae4ab676f150a8d357cb5f3e4956d1a0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3468322318173915","authorIdStr":"3468322318173915"},"themes":[],"title":"","htmlText":"\n \n \n  美股分析：終於“回本”啦，我是說跌回本金附近了。\n \n","listText":"美股分析：終於“回本”啦，我是說跌回本金附近了。","text":"美股分析：終於“回本”啦，我是說跌回本金附近了。","images":[],"top":1,"highlighted":2,"essential":2,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/320357114","isVote":1,"tweetType":2,"object":{"id":"917979b09d4447e1a62698fb99231d71","tweetId":"320357114","title":"美股分析：终于“回本”啦，我是说跌回本金附近了。","videoUrl":"http://v.tigerbbs.com/161502508953337c63250377c9e04c1f7522853ec5b04.mp4","poster":"https://static.tigerbbs.com/a9cb5826514bc93e69c310a0ece53b3b","shareLink":"http://v.tigerbbs.com/161502508953337c63250377c9e04c1f7522853ec5b04.mp4"},"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":365538757,"gmtCreate":1614758201779,"gmtModify":1704774828704,"author":{"id":"3571814849777762","authorId":"3571814849777762","name":"fddndjdk","avatar":"https://static.tigerbbs.com/2c79eb8165abbe0aec630ed22d48a780","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571814849777762","authorIdStr":"3571814849777762"},"themes":[],"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/365538757","repostId":"1199601936","repostType":4,"repost":{"id":"1199601936","kind":"news","pubTimestamp":1614735880,"share":"https://ttm.financial/m/news/1199601936?lang=&edition=fundamental","pubTime":"2021-03-03 09:44","market":"us","language":"en","title":"10% GDP growth? The U.S. economy is on fire, and is about to get stoked even more","url":"https://stock-news.laohu8.com/highlight/detail?id=1199601936","media":"CNBC","summary":"KEY POINTSEconomic growth in the first quarter could hit 10%, according to a Federal Reserve tracker","content":"<div>\n<p>KEY POINTSEconomic growth in the first quarter could hit 10%, according to a Federal Reserve tracker.That comes with Congress poised to spend another $1.9 trillion to address various areas....</p>\n\n<a href=\"https://www.cnbc.com/2021/03/02/10percent-gdp-growth-the-us-economy-is-on-fire-and-is-about-to-get-stoked-even-more.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>10% GDP growth? The U.S. economy is on fire, and is about to get stoked even more</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n10% GDP growth? The U.S. economy is on fire, and is about to get stoked even more\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-03 09:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/02/10percent-gdp-growth-the-us-economy-is-on-fire-and-is-about-to-get-stoked-even-more.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSEconomic growth in the first quarter could hit 10%, according to a Federal Reserve tracker.That comes with Congress poised to spend another $1.9 trillion to address various areas....</p>\n\n<a href=\"https://www.cnbc.com/2021/03/02/10percent-gdp-growth-the-us-economy-is-on-fire-and-is-about-to-get-stoked-even-more.html\">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",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF"},"source_url":"https://www.cnbc.com/2021/03/02/10percent-gdp-growth-the-us-economy-is-on-fire-and-is-about-to-get-stoked-even-more.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1199601936","content_text":"KEY POINTSEconomic growth in the first quarter could hit 10%, according to a Federal Reserve tracker.That comes with Congress poised to spend another $1.9 trillion to address various areas.Manufacturing is at its highest level since 2018, with prices rising and inventories choked.Employment remains the main weak spot, though some encouraging signs are emerging.The U.S. economy has roared back to life in 2021, with first-quarter growth set to defy even the rosiest expectations as another fresh influx of cash looms.Manufacturing data Monday showed the sector at its highest growth level since August 2018. That report from the Institute for Supply Management in turn helped confirm the notion among economists that output to start the year is far better than the low single-digit growth many had been predicting in late 2020.The Atlanta Federal Reserve, which tracks data in real time to estimate changes in gross domestic product, now is indicating a 10% gain for the first three months of the year. TheGDPNow toolgenerally is volatile early in the quarter then becomes more accurate as the data rolls in through the period.That comes on the heels of a report Friday showing thatpersonal income surged 10% in January, thanks largely to $600 stimulus checks from the government. Household wealth increased nearly $2 trillion for the month while spending rose just 2.4%, or $340.9 billion.Those numbers, along with a burst of nearly $4 trillion in savings, pointed to an economy not only growing powerfully but also one that is poised to continue that path through the year.“The V-shaped recovery in real GDP will remain V-shaped during the first half of this year and probably through the end of the year,” Ed Yardeni of Yardeni Research wrote in his daily note Tuesday. “However, it will no longer be a ‘recovery’ beyond Q1 because real GDP will have fully recovered during the current quarter. Thereafter, GDP will be in an ‘expansion’ in record-high territory.”Economists previously hadn’t expected the $21.5 trillion U.S. economy to regain its pandemic-related losses until at least the second or third quarter of this year, if not later.WATCH NOWVIDEO03:21Global growth expectations are driving rates, not inflation fears, says UBS’s Alli McCartneyBut a combination of systematic resilience combined with previously unimaginable doses offiscal and monetary stimulushave helped speed the recovery along considerably. The final quarter of 2020, in which GDP increased 4.1%, left the total of goods and services produced just $270 billion shy of the same period a year previous, beforeCovid-19struck.“With strong federal fiscal support and continued progress on vaccination, GDP growth this year could be the strongest we’ve seen in decades,” New York Federal Reserve President John Williams said in a speech last week.In fact, questions persist about whether the$1.9 trillion spending planfrom the Biden administration is necessary, at least to that magnitude. An economy poised to show its fastest annual growth pace since at least 1984 doesn’t seem like a very good candidate for more spending at a time when the federal government already is expected to run a $2.3 trillion budget deficit this year.Respondents to the ISM report indicated soaring prices and trouble with supply chains, with one manager in electrical equipment, appliances and components noting: “Things are now out of control. Everything is a mess, and we are seeing wide-scale shortages.”Markets have worried lately that overheated growth could generate inflation, particulary with the Federal Reserve continuing to keep its foot on the policy pedal.“Too much of a good thing is often just too much,” Yardeni wrote. “The economy is hot and will get hotter with the bonfire of the fiscal and monetary insanities.”A major area of weaknessTo be sure, frailties remain in the economy. Paramount among them is the gap in employment, particularly in the services sector.As of January, there were 8.6 million fewer employed than there were a year ago, just before the pandemic began threatening the U.S., according to the Bureau of Labor Statistics. About 4.3 million Americans have left the labor force in that time.Despitea drop in the headline unemployment ratefrom a pandemic high of 14.8% to 6.3%, employment in the hospitality sector has fallen by more than 3.8 million from a year ago, and the jobless rate for the industry is stuck at 15.9%, fully 10 percentage points higher than January 2020.“The most glaring issue with where we stand now has to be the labor market. We still have [nearly] 10 million jobs which are just simply missing,” said Troy Ludtka, U.S. economist at Natixis. “You’re going to see a situation in the coming years, looking back to this moment, where official statistics on things like food insecurity, poverty and inequality are going to reach generational highs.”However, Ludtka sees promise ahead, thanks in part to measures taken to address the ills of the current era.“The good news is that we are very quickly rebounding, and that is a sign of great promise,” he said. “We’re going to see an economy back to pre-pandemic levels of output, we’re going to see a situation in which unnecessary economic insecurity is mitigated.”There’s even some better news coming out of the jobs market, which despite the gaps that remain has recovered nearly 12.5 million nonfarm payroll jobs since the recovery began in May 2020.For one, job postings are on the rebound. Employment network Indeed reports that listings through Feb. 12 were up a seasonally adjusted 3.9% from Feb. 1, 2020, which it uses as the pre-Covid baseline. In early May 2020, postings lagged the baseline by 39%.Economists are counting on pent-up demand that vaccinations and falling coronavirus numbers will bring to drive job growth. Nonfarm payrolls for February are expected to show a gain of 210,000 when the BLS reports the numbers Friday.Questions of demand“You’re going to see the growth rates in the middle of the year probably close to 9%. That’s how strong the reopening of the U.S. economy will be vis-a-vis the release of pent-up demand by the household sector,” said Joseph Brusuelas, chief economist at RSM. “I don’t expect the pent-up demand to all be released this year. I’m expecting it to take about two years to do that, primarily because households will be somewhat cautious about the release of cash.”Indeed, the extent to which Americans in lockdown states will come rushing outside their homes when restrictions are lifted is a matter of debate.Spending on the services part of the economy “is just a different animal” than spending on goods that has boomed during the pandemic, said Liz Ann Sonders, chief investment strategist at Charles Schwab.“The whole pent-up demand is overrated, at least on the goods side of the economy. If anything, we’re going to have pent-down demand on the goods side,” Sonders said. “On the services side … it doesn’t persist for an extended period of time. If you miss four vacations, you take one.”Still, as the economic data continues to defy Wall Street estimates – to an extent unseen in pre-pandemic times – the expectations are growing that the risk to growth is clearly on the upside.Michelle Meyer, U.S. economist at Bank of America Global Research, said consumers showed tremendous resilience through the crisis that should carry over into 2021, particularly with more stimulus coming.“The important factor will be to get past the virus,” Meyer said. “All else equal, the economy is on a pretty strong foundation.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362597153,"gmtCreate":1614647640972,"gmtModify":1704773468214,"author":{"id":"3571814849777762","authorId":"3571814849777762","name":"fddndjdk","avatar":"https://static.tigerbbs.com/2c79eb8165abbe0aec630ed22d48a780","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571814849777762","authorIdStr":"3571814849777762"},"themes":[],"htmlText":"????","listText":"????","text":"????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362597153","repostId":"1108903671","repostType":4,"repost":{"id":"1108903671","kind":"news","pubTimestamp":1614610882,"share":"https://ttm.financial/m/news/1108903671?lang=&edition=fundamental","pubTime":"2021-03-01 23:01","market":"us","language":"en","title":"Citi stock jumps nearly 4% as Wells Fargo makes case for higher valuation","url":"https://stock-news.laohu8.com/highlight/detail?id=1108903671","media":"Seekingalpha","summary":"Citigroup stock advances nearly 4% in early trading as Jane Fraser takes over as the bank's CEO even","content":"<p>Citigroup&nbsp;stock&nbsp;advances&nbsp;nearly 4%&nbsp;in early trading as Jane Fraser takes over as the bank's CEO even as she faces challengesin gaining regulators' confidence.</p><p>Wells Fargo analyst Mike Mayo considers Citi's parts areworth morethan its whole, according to a Barron's report on Saturday.</p><p>In his analysis of the bank's divisions, Citi could trade at 1.5x tangible book value, or $111 per share, \"reflecting significant hidden value and trapped capital,\" Mayo said.</p><p>By comparison, Citi closed at $65.88 on Friday.</p><p>Recapping on Citi's regulatory challenges, in 2012 and 2013, the Office of the Comptroller of the Currency and the Federal Reserve had hit the bank with a consent order for Bank Secrecy Act violations and weaknesses in anti-money-laundering compliance. Further regulatory actions led to another consent order and a $400M find for risk management-related deficiencies and compliance in 2020.</p><p>On top of that, a federal judge ruled that Revlon creditorsdidn't have to returnthe amounts they received when Citi accidentally wired $900M to them last summer.</p><p>On Friday, Citi revised its earnings downwardafter writing down down the Revlon loan.</p><p><img src=\"https://static.tigerbbs.com/2cf260b9ffe0438a66ea1f51b59759ef\" tg-width=\"1085\" tg-height=\"496\" referrerpolicy=\"no-referrer\"></p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Citi stock jumps nearly 4% as Wells Fargo makes case for higher valuation</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\">\nCiti stock jumps nearly 4% as Wells Fargo makes case for higher valuation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-01 23:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3667608-citi-stock-jumps-42-as-wells-fargo-makes-case-for-higher-valuation><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Citigroup stock advances nearly 4% in early trading as Jane Fraser takes over as the bank's CEO even as she faces challengesin gaining regulators' confidence.Wells Fargo analyst Mike Mayo considers ...</p>\n\n<a href=\"https://seekingalpha.com/news/3667608-citi-stock-jumps-42-as-wells-fargo-makes-case-for-higher-valuation\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C":"花旗"},"source_url":"https://seekingalpha.com/news/3667608-citi-stock-jumps-42-as-wells-fargo-makes-case-for-higher-valuation","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1108903671","content_text":"Citigroup stock advances nearly 4% in early trading as Jane Fraser takes over as the bank's CEO even as she faces challengesin gaining regulators' confidence.Wells Fargo analyst Mike Mayo considers Citi's parts areworth morethan its whole, according to a Barron's report on Saturday.In his analysis of the bank's divisions, Citi could trade at 1.5x tangible book value, or $111 per share, \"reflecting significant hidden value and trapped capital,\" Mayo said.By comparison, Citi closed at $65.88 on Friday.Recapping on Citi's regulatory challenges, in 2012 and 2013, the Office of the Comptroller of the Currency and the Federal Reserve had hit the bank with a consent order for Bank Secrecy Act violations and weaknesses in anti-money-laundering compliance. Further regulatory actions led to another consent order and a $400M find for risk management-related deficiencies and compliance in 2020.On top of that, a federal judge ruled that Revlon creditorsdidn't have to returnthe amounts they received when Citi accidentally wired $900M to them last summer.On Friday, Citi revised its earnings downwardafter writing down down the Revlon loan.","news_type":1},"isVote":1,"tweetType":1,"viewCount":285,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362594799,"gmtCreate":1614647610711,"gmtModify":1704773468866,"author":{"id":"3571814849777762","authorId":"3571814849777762","name":"fddndjdk","avatar":"https://static.tigerbbs.com/2c79eb8165abbe0aec630ed22d48a780","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571814849777762","authorIdStr":"3571814849777762"},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362594799","repostId":"1118447670","repostType":4,"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368297885,"gmtCreate":1614326622847,"gmtModify":1704770693040,"author":{"id":"3571814849777762","authorId":"3571814849777762","name":"fddndjdk","avatar":"https://static.tigerbbs.com/2c79eb8165abbe0aec630ed22d48a780","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571814849777762","authorIdStr":"3571814849777762"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/VKTX\">$Viking Therapeutics(VKTX)$</a>:)","listText":"<a href=\"https://laohu8.com/S/VKTX\">$Viking Therapeutics(VKTX)$</a>:)","text":"$Viking Therapeutics(VKTX)$:)","images":[{"img":"https://static.tigerbbs.com/de00e65f1529652d2cbcfdf8696cfbc4","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/368297885","isVote":1,"tweetType":1,"viewCount":705,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":368297008,"gmtCreate":1614326544604,"gmtModify":1704770692713,"author":{"id":"3571814849777762","authorId":"3571814849777762","name":"fddndjdk","avatar":"https://static.tigerbbs.com/2c79eb8165abbe0aec630ed22d48a780","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571814849777762","authorIdStr":"3571814849777762"},"themes":[],"htmlText":"buy more?","listText":"buy more?","text":"buy more?","images":[{"img":"https://static.tigerbbs.com/49573d056fd00f115396f29ce2ada3d0","width":"750","height":"2138"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/368297008","isVote":1,"tweetType":1,"viewCount":329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":361688509,"gmtCreate":1614228845601,"gmtModify":1704889882631,"author":{"id":"3571814849777762","authorId":"3571814849777762","name":"fddndjdk","avatar":"https://static.tigerbbs.com/2c79eb8165abbe0aec630ed22d48a780","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571814849777762","authorIdStr":"3571814849777762"},"themes":[],"htmlText":"interesting read","listText":"interesting read","text":"interesting read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/361688509","repostId":"1138521814","repostType":4,"repost":{"id":"1138521814","kind":"news","pubTimestamp":1614225756,"share":"https://ttm.financial/m/news/1138521814?lang=&edition=fundamental","pubTime":"2021-02-25 12:02","market":"fut","language":"en","title":"Charlie Munger doesn’t know what’s worse: Tesla at $1 trillion or bitcoin at $50,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1138521814","media":"cnbc","summary":"KEY POINTS\n\nCharlie Munger, vice chairman of Berkshire Hathaway and Warren Buffett’s longtime busine","content":"<div>\n<p>KEY POINTS\n\nCharlie Munger, vice chairman of Berkshire Hathaway and Warren Buffett’s longtime business partner, on Wednesday dismissed the rocketing share price of Tesla and the recent bitcoin frenzy....</p>\n\n<a href=\"https://www.cnbc.com/2021/02/24/munger-on-tesla-at-1-trillion-50000-bitcoin-i-dont-know-whats-worse.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>Charlie Munger doesn’t know what’s worse: Tesla at $1 trillion or bitcoin at $50,000</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\">\nCharlie Munger doesn’t know what’s worse: Tesla at $1 trillion or bitcoin at $50,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-25 12:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/24/munger-on-tesla-at-1-trillion-50000-bitcoin-i-dont-know-whats-worse.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nCharlie Munger, vice chairman of Berkshire Hathaway and Warren Buffett’s longtime business partner, on Wednesday dismissed the rocketing share price of Tesla and the recent bitcoin frenzy....</p>\n\n<a href=\"https://www.cnbc.com/2021/02/24/munger-on-tesla-at-1-trillion-50000-bitcoin-i-dont-know-whats-worse.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","TSLA":"特斯拉","BRK.A":"伯克希尔","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/02/24/munger-on-tesla-at-1-trillion-50000-bitcoin-i-dont-know-whats-worse.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1138521814","content_text":"KEY POINTS\n\nCharlie Munger, vice chairman of Berkshire Hathaway and Warren Buffett’s longtime business partner, on Wednesday dismissed the rocketing share price of Tesla and the recent bitcoin frenzy.\n“I don’t think bitcoin is going to end up the medium of exchange for the world. It’s too volatile to serve well as a medium of exchange,” he said.\nAsked about bitcoin’s price and Tesla’s market cap, Munger said, “I don’t know which is worse.”\n\nCharlie Munger, vice chairman of Berkshire Hathaway and Warren Buffett’s longtime business partner, on Wednesday dismissed the rocketing share price of Tesla and the recent bitcoin frenzy.\nDuring an interview at the Daily Journal’s annual shareholder’s meeting,Munger was asked whether he thought it was crazier for bitcoin to hit $50,000 or for Tesla to reach a $1 trillion fully diluted enterprise value, he said: “Well I have the same difficulty that Samuel Johnson once had when he got a similar question, he said, ‘I can’t decide the order of precedency between a flea and a louse,’ and I feel the same way about those choices. I don’t know which is worse.”\nShares of Tesla rocketed 743% last year, though it’s currently down about 3% for 2021. Its market cap is about $689 billion. Bitcoin continued to surge to more than $50,000 over the past week after Tesla announced it bought $1.5 billion worth of the cryptocurrency.\nMunger was also asked what the biggest threat to banking is, and whether it was bitcoin or digital wallets like Apple Pay and Square.\n“I don’t think I know what the future of banking is, and I don’t think I know how the payment system will evolve,” he said. “I do think that a properly run bank is a great contributor to civilization and that the central banks of the world like controlling their own banking system and their own money supplies.”\n“So I don’t think bitcoin is going to end up the medium of exchange for the world. It’s too volatile to serve well as a medium of exchange. And it’s really kind of an artificial substitute for gold. And since I never buy any gold, I never buy any bitcoin.”\nMunger recommended others follow his practice.\n“Bitcoin reminds me of what Oscar Wilde said about fox hunting. He said it was the pursuit of the uneatable by the unspeakable,” he added.\nDuring the same event,Munger also issued a dire warning for novice investors he said are being lured into a trading bubble through apps like Robinhood.","news_type":1},"isVote":1,"tweetType":1,"viewCount":274,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":363382746,"gmtCreate":1614094218685,"gmtModify":1704888123313,"author":{"id":"3571814849777762","authorId":"3571814849777762","name":"fddndjdk","avatar":"https://static.tigerbbs.com/2c79eb8165abbe0aec630ed22d48a780","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571814849777762","authorIdStr":"3571814849777762"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ICLN\">$iShares Global Clean Energy ETF(ICLN)$</a>:/)","listText":"<a href=\"https://laohu8.com/S/ICLN\">$iShares Global Clean Energy ETF(ICLN)$</a>:/)","text":"$iShares Global Clean Energy ETF(ICLN)$:/)","images":[{"img":"https://static.tigerbbs.com/54268fe3c3cfe62625d3c6e404be4f56","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/363382746","isVote":1,"tweetType":1,"viewCount":811,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574933578144706","authorId":"3574933578144706","name":"huilong","avatar":"https://static.tigerbbs.com/24918e2ccc00a8c7ef5e28ccda2676ff","crmLevel":1,"crmLevelSwitch":0,"idStr":"3574933578144706","authorIdStr":"3574933578144706"},"content":"Clean energy is the future. If you plan to hold for > 2 years. There is no need to worry. Biden admistration has yet to announce any green plan yet. Can you comment and like my post too ?","text":"Clean energy is the future. If you plan to hold for > 2 years. There is no need to worry. Biden admistration has yet to announce any green plan yet. Can you comment and like my post too ?","html":"Clean energy is the future. If you plan to hold for > 2 years. There is no need to worry. Biden admistration has yet to announce any green plan yet. Can you comment and like my post too ?"}],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":363382746,"gmtCreate":1614094218685,"gmtModify":1704888123313,"author":{"id":"3571814849777762","authorId":"3571814849777762","name":"fddndjdk","avatar":"https://static.tigerbbs.com/2c79eb8165abbe0aec630ed22d48a780","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571814849777762","idStr":"3571814849777762"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ICLN\">$iShares Global Clean Energy ETF(ICLN)$</a>:/)","listText":"<a href=\"https://laohu8.com/S/ICLN\">$iShares Global Clean Energy ETF(ICLN)$</a>:/)","text":"$iShares Global Clean Energy ETF(ICLN)$:/)","images":[{"img":"https://static.tigerbbs.com/54268fe3c3cfe62625d3c6e404be4f56","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/363382746","isVote":1,"tweetType":1,"viewCount":811,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574933578144706","authorId":"3574933578144706","name":"huilong","avatar":"https://static.tigerbbs.com/24918e2ccc00a8c7ef5e28ccda2676ff","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3574933578144706","idStr":"3574933578144706"},"content":"Clean energy is the future. If you plan to hold for > 2 years. There is no need to worry. Biden admistration has yet to announce any green plan yet. Can you comment and like my post too ?","text":"Clean energy is the future. If you plan to hold for > 2 years. There is no need to worry. Biden admistration has yet to announce any green plan yet. Can you comment and like my post too ?","html":"Clean energy is the future. If you plan to hold for > 2 years. There is no need to worry. Biden admistration has yet to announce any green plan yet. Can you comment and like my post too ?"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":361688509,"gmtCreate":1614228845601,"gmtModify":1704889882631,"author":{"id":"3571814849777762","authorId":"3571814849777762","name":"fddndjdk","avatar":"https://static.tigerbbs.com/2c79eb8165abbe0aec630ed22d48a780","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571814849777762","idStr":"3571814849777762"},"themes":[],"htmlText":"interesting read","listText":"interesting read","text":"interesting read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/361688509","repostId":"1138521814","repostType":4,"repost":{"id":"1138521814","kind":"news","pubTimestamp":1614225756,"share":"https://ttm.financial/m/news/1138521814?lang=&edition=fundamental","pubTime":"2021-02-25 12:02","market":"fut","language":"en","title":"Charlie Munger doesn’t know what’s worse: Tesla at $1 trillion or bitcoin at $50,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1138521814","media":"cnbc","summary":"KEY POINTS\n\nCharlie Munger, vice chairman of Berkshire Hathaway and Warren Buffett’s longtime busine","content":"<div>\n<p>KEY POINTS\n\nCharlie Munger, vice chairman of Berkshire Hathaway and Warren Buffett’s longtime business partner, on Wednesday dismissed the rocketing share price of Tesla and the recent bitcoin frenzy....</p>\n\n<a href=\"https://www.cnbc.com/2021/02/24/munger-on-tesla-at-1-trillion-50000-bitcoin-i-dont-know-whats-worse.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>Charlie Munger doesn’t know what’s worse: Tesla at $1 trillion or bitcoin at $50,000</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCharlie Munger doesn’t know what’s worse: Tesla at $1 trillion or bitcoin at $50,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-25 12:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/24/munger-on-tesla-at-1-trillion-50000-bitcoin-i-dont-know-whats-worse.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nCharlie Munger, vice chairman of Berkshire Hathaway and Warren Buffett’s longtime business partner, on Wednesday dismissed the rocketing share price of Tesla and the recent bitcoin frenzy....</p>\n\n<a href=\"https://www.cnbc.com/2021/02/24/munger-on-tesla-at-1-trillion-50000-bitcoin-i-dont-know-whats-worse.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","TSLA":"特斯拉","BRK.A":"伯克希尔","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/02/24/munger-on-tesla-at-1-trillion-50000-bitcoin-i-dont-know-whats-worse.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1138521814","content_text":"KEY POINTS\n\nCharlie Munger, vice chairman of Berkshire Hathaway and Warren Buffett’s longtime business partner, on Wednesday dismissed the rocketing share price of Tesla and the recent bitcoin frenzy.\n“I don’t think bitcoin is going to end up the medium of exchange for the world. It’s too volatile to serve well as a medium of exchange,” he said.\nAsked about bitcoin’s price and Tesla’s market cap, Munger said, “I don’t know which is worse.”\n\nCharlie Munger, vice chairman of Berkshire Hathaway and Warren Buffett’s longtime business partner, on Wednesday dismissed the rocketing share price of Tesla and the recent bitcoin frenzy.\nDuring an interview at the Daily Journal’s annual shareholder’s meeting,Munger was asked whether he thought it was crazier for bitcoin to hit $50,000 or for Tesla to reach a $1 trillion fully diluted enterprise value, he said: “Well I have the same difficulty that Samuel Johnson once had when he got a similar question, he said, ‘I can’t decide the order of precedency between a flea and a louse,’ and I feel the same way about those choices. I don’t know which is worse.”\nShares of Tesla rocketed 743% last year, though it’s currently down about 3% for 2021. Its market cap is about $689 billion. Bitcoin continued to surge to more than $50,000 over the past week after Tesla announced it bought $1.5 billion worth of the cryptocurrency.\nMunger was also asked what the biggest threat to banking is, and whether it was bitcoin or digital wallets like Apple Pay and Square.\n“I don’t think I know what the future of banking is, and I don’t think I know how the payment system will evolve,” he said. “I do think that a properly run bank is a great contributor to civilization and that the central banks of the world like controlling their own banking system and their own money supplies.”\n“So I don’t think bitcoin is going to end up the medium of exchange for the world. It’s too volatile to serve well as a medium of exchange. And it’s really kind of an artificial substitute for gold. And since I never buy any gold, I never buy any bitcoin.”\nMunger recommended others follow his practice.\n“Bitcoin reminds me of what Oscar Wilde said about fox hunting. He said it was the pursuit of the uneatable by the unspeakable,” he added.\nDuring the same event,Munger also issued a dire warning for novice investors he said are being lured into a trading bubble through apps like Robinhood.","news_type":1},"isVote":1,"tweetType":1,"viewCount":274,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329131139,"gmtCreate":1615214438421,"gmtModify":1704779668496,"author":{"id":"3571814849777762","authorId":"3571814849777762","name":"fddndjdk","avatar":"https://static.tigerbbs.com/2c79eb8165abbe0aec630ed22d48a780","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571814849777762","idStr":"3571814849777762"},"themes":[],"htmlText":"&nbsp;drop then increase&nbsp;","listText":"&nbsp;drop then increase&nbsp;","text":"drop then increase","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329131139","repostId":"1110879160","repostType":2,"repost":{"id":"1110879160","kind":"news","pubTimestamp":1615186612,"share":"https://ttm.financial/m/news/1110879160?lang=&edition=fundamental","pubTime":"2021-03-08 14:56","market":"us","language":"en","title":"Why Tech Stocks Have Further To Drop","url":"https://stock-news.laohu8.com/highlight/detail?id=1110879160","media":"seekingalpha","summary":"Summary\n\nTech stocks have dropped recently, but they remain extremely expensive.\nInterest rates are ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Tech stocks have dropped recently, but they remain extremely expensive.</li>\n <li>Interest rates are back on the rise and the pandemic is coming to an end. Both are serious headwinds for tech stocks.</li>\n <li>Other sectors present better value and the opportunity cost of investing in tech stocks is on the rise.</li>\n</ul>\n<p>Lately, Tech stocks have taken a beating.</p>\n<p>Amazon (AMZN) is down 10%...</p>\n<p>Apple (AAPL) is down 12%...</p>\n<p>Zoom (ZM) is down 16%...</p>\n<p>Tesla (TSLA) is down 28% (!!!)</p>\n<p>And The ARK Innovation ETF (ARKK), which invests heavily in all the hot tech stocks, is down by 18%.</p>\n<p>Is this pullback the long-awaited opportunity to buy tech stocks?</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7d2b8b2c9235382080e5b9b258dce2aa\" tg-width=\"635\" tg-height=\"470\"><span>Data by YCharts</span></p>\n<p>From the title of this article, you probably already know our thoughts on that.</p>\n<p>We think that tech stocks have further to drop and this recent correction could be just the beginning.</p>\n<p>While it's impossible to know how the market will behave in the short run, we don't like the risk-to-reward of tech stocks even at these lower prices.</p>\n<p>Here are five reasons why:</p>\n<p><b>Reason #1: The Recent Drop is Just the Tip of the Iceberg</b></p>\n<p>Just because something has dropped recently does not make it a bargain.</p>\n<p>Even after the recent sell-off, most tech stocks are up by a very large amount.</p>\n<p>As an example, the ARK Innovation ETF is still up by over 100% over the past year:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/350ee17c2fc8b740310af6be790f3409\" tg-width=\"635\" tg-height=\"403\"><span>Data by YCharts</span></p>\n<p>So the bigger picture remains the same:</p>\n<p>Tech stocks are still trading at extremely high valuations, and the recent sell-off doesn't change that.</p>\n<p>Paying 50-100x earnings for something after it's already up by a significant amount is not what we would call a buying opportunity.</p>\n<p>As interest rates continue to rise, it's normal for these nose-bleed valuations to revert closer to where they used to be. In fact, the recent drop could very well be just the beginning.</p>\n<p><b>Reason #2: High Sensitivity to Interest Rates</b></p>\n<p>All it took for valuations to start dropping is a small surge in Treasury rates. The market is essentially telling us that 1.5% is too much to sustain these extreme valuations in the tech sector.</p>\n<p>But what if the 1.5% keeps on rising and turns into 3%? That's where rates were prior to the pandemic:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c83ee36d95346d88356afbd28f80c14b\" tg-width=\"635\" tg-height=\"403\"><span>Data by YCharts</span></p>\n<p>The tech sector has become very sensitive to interest rates because valuations are extremely high and the expected cash flow is far into the future (which makes them similar to long-dated bonds).</p>\n<p>If a 0.7% rise in treasury rates was enough to cause popular tech stocks to drop by ~20%, what would a 1.5% rise cause to them?</p>\n<p>They would likely collapse much closer to where they were prior to the pandemic when the treasury rates were 2x higher.</p>\n<p>We are not able to predict treasury rates and this high sensitivity makes us uncomfortable. There is no margin of safety.</p>\n<p><b>Reason #3: Growth Tailwind Turning into Growth Headwind</b></p>\n<p>Tech stocks benefited significantly from the pandemic.</p>\n<p>People were locked inside and businesses had to learn how to work remotely.</p>\n<p>As a result, the sales of major tech solutions exploded.</p>\n<p>Think about Slack (WORK) subscriptions, Netflix (NFLX) accounts, Facebook (FB) ad spending, Amazon (AMZN) orders, etc.</p>\n<p>When people are locked inside their homes, they need more technology to get by, and these companies profited.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/94b8e69268177effa916568e03834cb5\" tg-width=\"700\" tg-height=\"394\"><span>source</span></p>\n<p>But now the pandemic is coming to an end and the world is slowly returning back to normal.</p>\n<p>This means that some of the growth that happened in the tech sector will revert back to traditional sectors.</p>\n<p>To give you a simple example: I had a Netflix account during most of 2020, but don't find the time to use it anymore. I rather spend time outside and so I end up canceling my account. I am sure that I am not alone in this situation.</p>\n<p>The same applies to a lot of other tech companies.</p>\n<p>Simon Property Group (SPG) recently noted that its malls are back to ~90% of pre-crisis sales within weeks of reopening. During the heights of the pandemic, most of these sales would have occurred online. Now they are reverting back to brick-and-mortar retail.</p>\n<p>To be clear, not all the growth will revert back. Some of it will be permanent gains. But not all of it, and that's why the tailwind is tuning into a headwind.</p>\n<p><b>Reason #4: Vaccinations are Accelerating The Return to Normal</b></p>\n<p>Most sectors benefit from the vaccine because it accelerates the return to normal. The good news is that by now, 16% of the total US population has already received the vaccine and we are currently administering over 2 million shots a day.</p>\n<p>At this pace, most people will be vaccinated within a few months from now. This also means that more people will be returning to office buildings, spend time outside, socialize... put simply, go back to their previous lives.</p>\n<p><img src=\"https://static.tigerbbs.com/5e6426fd681e6ad33cfe1bffebc32c5e\" tg-width=\"1200\" tg-height=\"628\"></p>\n<p>In that sense, the acceleration in vaccine distribution is actually bad news for tech stocks. The faster people can return to their previous habits, the greater the headwind for tech stocks.</p>\n<p>The pandemic trade could be coming to an end already by the Summer, and it is not yet reflected in valuations, which remain much higher than they were prior to the pandemic.</p>\n<p><b>Reason #5: Other Sectors Offer Better Risk-to-Reward</b></p>\n<p>Finally, and perhaps most importantly, everything is relative in finance.</p>\n<p>Tech stocks are only attractive if the rest of the market is less attractive.</p>\n<p>Right now, the opposite is true.</p>\n<p>Many market sectors are still beaten-down and trade at historically low valuations even as we approach the end of the pandemic.</p>\n<p>MLPs (AMLP) are a great example of that. They are up substantially over the past month, and we believe that they will continue to rise as we recover from this pandemic:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ff92bc92e3bacea6f1c8d92bcd3a7617\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p>\n<p>We much rather invest in sectors that are discounted and enjoy a tailwind rather than expensive tech stocks which face a clear headwind going forward.</p>\n<p>Every investment has opportunity costs, and right now, the opportunity cost of investing in tech stocks is becoming increasingly large relative to other sectors.</p>\n<p>The sentiment for tech stocks is slowly fading, all while the sentiment for other sectors is improving. The shift in market narrative will only accelerate as we put this crisis behind.</p>\n<p><b>Bottom Line</b></p>\n<p>Now probably isn't a good time to invest in tech stocks. Yes, they are down a bit, but that does not make them attractive.</p>\n<p>Valuations remain historically high even as we approach the end of the pandemic, which will hurt many tech companies that benefited from it. Adding fuel to the fire, interest rates are back on the rise, and at these valuations, there is no margin of safety.</p>\n<p>At High Yield Investor, we find much better value in traditional sectors such as MLPs, REITs, and utilities which remain deeply discounted. That's where most of our capital is going at this time.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Tech Stocks Have Further To Drop</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Tech Stocks Have Further To Drop\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-08 14:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4411838-why-tech-stocks-to-drop><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nTech stocks have dropped recently, but they remain extremely expensive.\nInterest rates are back on the rise and the pandemic is coming to an end. Both are serious headwinds for tech stocks.\n...</p>\n\n<a href=\"https://seekingalpha.com/article/4411838-why-tech-stocks-to-drop\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZM":"Zoom","ARKK":"ARK Innovation ETF","TSLA":"特斯拉","AMZN":"亚马逊",".IXIC":"NASDAQ Composite","AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4411838-why-tech-stocks-to-drop","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1110879160","content_text":"Summary\n\nTech stocks have dropped recently, but they remain extremely expensive.\nInterest rates are back on the rise and the pandemic is coming to an end. Both are serious headwinds for tech stocks.\nOther sectors present better value and the opportunity cost of investing in tech stocks is on the rise.\n\nLately, Tech stocks have taken a beating.\nAmazon (AMZN) is down 10%...\nApple (AAPL) is down 12%...\nZoom (ZM) is down 16%...\nTesla (TSLA) is down 28% (!!!)\nAnd The ARK Innovation ETF (ARKK), which invests heavily in all the hot tech stocks, is down by 18%.\nIs this pullback the long-awaited opportunity to buy tech stocks?\nData by YCharts\nFrom the title of this article, you probably already know our thoughts on that.\nWe think that tech stocks have further to drop and this recent correction could be just the beginning.\nWhile it's impossible to know how the market will behave in the short run, we don't like the risk-to-reward of tech stocks even at these lower prices.\nHere are five reasons why:\nReason #1: The Recent Drop is Just the Tip of the Iceberg\nJust because something has dropped recently does not make it a bargain.\nEven after the recent sell-off, most tech stocks are up by a very large amount.\nAs an example, the ARK Innovation ETF is still up by over 100% over the past year:\nData by YCharts\nSo the bigger picture remains the same:\nTech stocks are still trading at extremely high valuations, and the recent sell-off doesn't change that.\nPaying 50-100x earnings for something after it's already up by a significant amount is not what we would call a buying opportunity.\nAs interest rates continue to rise, it's normal for these nose-bleed valuations to revert closer to where they used to be. In fact, the recent drop could very well be just the beginning.\nReason #2: High Sensitivity to Interest Rates\nAll it took for valuations to start dropping is a small surge in Treasury rates. The market is essentially telling us that 1.5% is too much to sustain these extreme valuations in the tech sector.\nBut what if the 1.5% keeps on rising and turns into 3%? That's where rates were prior to the pandemic:\nData by YCharts\nThe tech sector has become very sensitive to interest rates because valuations are extremely high and the expected cash flow is far into the future (which makes them similar to long-dated bonds).\nIf a 0.7% rise in treasury rates was enough to cause popular tech stocks to drop by ~20%, what would a 1.5% rise cause to them?\nThey would likely collapse much closer to where they were prior to the pandemic when the treasury rates were 2x higher.\nWe are not able to predict treasury rates and this high sensitivity makes us uncomfortable. There is no margin of safety.\nReason #3: Growth Tailwind Turning into Growth Headwind\nTech stocks benefited significantly from the pandemic.\nPeople were locked inside and businesses had to learn how to work remotely.\nAs a result, the sales of major tech solutions exploded.\nThink about Slack (WORK) subscriptions, Netflix (NFLX) accounts, Facebook (FB) ad spending, Amazon (AMZN) orders, etc.\nWhen people are locked inside their homes, they need more technology to get by, and these companies profited.\nsource\nBut now the pandemic is coming to an end and the world is slowly returning back to normal.\nThis means that some of the growth that happened in the tech sector will revert back to traditional sectors.\nTo give you a simple example: I had a Netflix account during most of 2020, but don't find the time to use it anymore. I rather spend time outside and so I end up canceling my account. I am sure that I am not alone in this situation.\nThe same applies to a lot of other tech companies.\nSimon Property Group (SPG) recently noted that its malls are back to ~90% of pre-crisis sales within weeks of reopening. During the heights of the pandemic, most of these sales would have occurred online. Now they are reverting back to brick-and-mortar retail.\nTo be clear, not all the growth will revert back. Some of it will be permanent gains. But not all of it, and that's why the tailwind is tuning into a headwind.\nReason #4: Vaccinations are Accelerating The Return to Normal\nMost sectors benefit from the vaccine because it accelerates the return to normal. The good news is that by now, 16% of the total US population has already received the vaccine and we are currently administering over 2 million shots a day.\nAt this pace, most people will be vaccinated within a few months from now. This also means that more people will be returning to office buildings, spend time outside, socialize... put simply, go back to their previous lives.\n\nIn that sense, the acceleration in vaccine distribution is actually bad news for tech stocks. The faster people can return to their previous habits, the greater the headwind for tech stocks.\nThe pandemic trade could be coming to an end already by the Summer, and it is not yet reflected in valuations, which remain much higher than they were prior to the pandemic.\nReason #5: Other Sectors Offer Better Risk-to-Reward\nFinally, and perhaps most importantly, everything is relative in finance.\nTech stocks are only attractive if the rest of the market is less attractive.\nRight now, the opposite is true.\nMany market sectors are still beaten-down and trade at historically low valuations even as we approach the end of the pandemic.\nMLPs (AMLP) are a great example of that. They are up substantially over the past month, and we believe that they will continue to rise as we recover from this pandemic:\nData by YCharts\nWe much rather invest in sectors that are discounted and enjoy a tailwind rather than expensive tech stocks which face a clear headwind going forward.\nEvery investment has opportunity costs, and right now, the opportunity cost of investing in tech stocks is becoming increasingly large relative to other sectors.\nThe sentiment for tech stocks is slowly fading, all while the sentiment for other sectors is improving. The shift in market narrative will only accelerate as we put this crisis behind.\nBottom Line\nNow probably isn't a good time to invest in tech stocks. Yes, they are down a bit, but that does not make them attractive.\nValuations remain historically high even as we approach the end of the pandemic, which will hurt many tech companies that benefited from it. Adding fuel to the fire, interest rates are back on the rise, and at these valuations, there is no margin of safety.\nAt High Yield Investor, we find much better value in traditional sectors such as MLPs, REITs, and utilities which remain deeply discounted. That's where most of our capital is going at this time.","news_type":1},"isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329191144,"gmtCreate":1615214103788,"gmtModify":1704779655527,"author":{"id":"3571814849777762","authorId":"3571814849777762","name":"fddndjdk","avatar":"https://static.tigerbbs.com/2c79eb8165abbe0aec630ed22d48a780","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571814849777762","idStr":"3571814849777762"},"themes":[],"htmlText":"great","listText":"great","text":"great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329191144","repostId":"1162079280","repostType":2,"repost":{"id":"1162079280","kind":"news","pubTimestamp":1615189189,"share":"https://ttm.financial/m/news/1162079280?lang=&edition=fundamental","pubTime":"2021-03-08 15:39","market":"us","language":"en","title":"Cathie Wood’s New Tesla Price Target Is Coming Soon. Here’s Where It Might Land.","url":"https://stock-news.laohu8.com/highlight/detail?id=1162079280","media":"Barrons","summary":"Tech disruption guru and ARK Investment founder Cathie Wood says her firm will put out a new price target for Tesla stock soon. No one knows exactly when, but when it arrives it will be a big deal for Tesla fans.The question for investors is what price for Tesla  is likely.Wood recently toldBarron’s Jack Houghthat the minimum return expected for a stock going into her portfolio is 15% a year for five years. “That’s a doubling over five years,” she said.There is a useful rule of thumb on Wall Str","content":"<p>Tech disruption guru and ARK Investment founder&nbsp;Cathie Wood&nbsp;says her firm will put out a new price target for&nbsp;Tesla&nbsp;stock soon. No one knows exactly when, but when it arrives it will be a big deal for Tesla fans.</p><p>The question for investors is what price for Tesla (ticker: TSLA) is likely.</p><p>Wood recently told<i>Barron’s</i>&nbsp;Jack Houghthat the minimum return expected for a stock going into her portfolio is 15% a year for five years. “That’s a doubling over five years,” she said.</p><p>There is a useful rule of thumb on Wall Street known as the “rule of 72”: The number 72 divided by the annual rate of return gives investors the years required to have a stock double. It’s an approximation, but a pretty good one. At 15% the rule of 72 equation yields 4.8 years. It actually takes about 4.96 years for an investment to double at 15% a year. Still, not bad.</p><p>Wood told Hough that Tesla stock will do “substantially more” than the 15% hurdle rate in her most bearish case for Tesla at current levels. Exactly what substantially better means and what current levels are is anyone’s guess. An annual return of 20% a year would yield a total return of about 150% over five years. That’s substantially more than 100% made earning 15% a year for five years.</p><p>As for levels, Tesla stock averaged roughly $650 for the past few days. That might mean Wood’s bear case is about $1,600 a share by 2026.</p><p>That leaves investors with base- and bull-cases to probe. Tesla stock has returned about 70% a year on average for the past five years. A repeat of that would put Tesla stock above $9,000 a share, making Tesla stock worth roughly $9 trillion. That might be too aggressive.</p><p>Amazon.comshares (AMZN) have returned about 40% a year on average for the past five years. If Tesla can reach that return, its stock would hit about $3,500 by 2026. That would make Tesla stock worth roughly $3.5 trillion, which would be more than all other auto stocks combined by a factor of two. Maybe cutting that figure to $3,000 is prudent.</p><p>Right in the middle of the bear- and bull-cases is a good guess for the base case. That yields $2,300 a share. At $2,300 by 2026, Tesla stock would have returned about 28% a year on average.</p><p>Wood’s target price for Tesla stock in five years could easily be north of $2,000.In 2018, Wood made a now legendary call that Tesla would hit $4,000. That was before the stocksplit 5-for-1. Her call amounted to $800 a share, a level Tesla hit in late 2020.</p><p>Going from $800 to $2,000-plus might seem like a stretch. How can things have gotten that much better less than three years after the initial $800 call? Well, Tesla has made more money faster than expected, EV battery costs have continued to fall, and more auto makers have committed to anall-electric future.</p><p>Things are better for EVs.</p><p>Wall Street’s top Tesla target price is from Piper’sAlex Potterat $1,200 a share. Wall Streettarget pricesare typically where analysts expect prices to go over the coming 12 months.</p><p>Tesla stock has hit a bit ofa speed bumplately. Shares are down about 15% so far this year, lagging behind the returns of theS&amp;P 500andDow Jones Industrial Average.Business execution doesn’t appear to be the issue. Fears of inflation andhigher interest rateshave hit stock prices of many high-growth stocks lately.</p><p>Tesla is a high-growth company. It expects toincrease volumeat 50% a year on average for the foreseeable future.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood’s New Tesla Price Target Is Coming Soon. Here’s Where It Might Land.</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\">\nCathie Wood’s New Tesla Price Target Is Coming Soon. Here’s Where It Might Land.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-08 15:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/cathie-wood-has-a-new-tesla-target-price-soon-heres-where-it-might-be-51615060166?mod=hp_LEAD_1_B_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech disruption guru and ARK Investment founder Cathie Wood says her firm will put out a new price target for Tesla stock soon. No one knows exactly when, but when it arrives it will be a big deal for...</p>\n\n<a href=\"https://www.barrons.com/articles/cathie-wood-has-a-new-tesla-target-price-soon-heres-where-it-might-be-51615060166?mod=hp_LEAD_1_B_2\">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://www.barrons.com/articles/cathie-wood-has-a-new-tesla-target-price-soon-heres-where-it-might-be-51615060166?mod=hp_LEAD_1_B_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162079280","content_text":"Tech disruption guru and ARK Investment founder Cathie Wood says her firm will put out a new price target for Tesla stock soon. No one knows exactly when, but when it arrives it will be a big deal for Tesla fans.The question for investors is what price for Tesla (ticker: TSLA) is likely.Wood recently toldBarron’s Jack Houghthat the minimum return expected for a stock going into her portfolio is 15% a year for five years. “That’s a doubling over five years,” she said.There is a useful rule of thumb on Wall Street known as the “rule of 72”: The number 72 divided by the annual rate of return gives investors the years required to have a stock double. It’s an approximation, but a pretty good one. At 15% the rule of 72 equation yields 4.8 years. It actually takes about 4.96 years for an investment to double at 15% a year. Still, not bad.Wood told Hough that Tesla stock will do “substantially more” than the 15% hurdle rate in her most bearish case for Tesla at current levels. Exactly what substantially better means and what current levels are is anyone’s guess. An annual return of 20% a year would yield a total return of about 150% over five years. That’s substantially more than 100% made earning 15% a year for five years.As for levels, Tesla stock averaged roughly $650 for the past few days. That might mean Wood’s bear case is about $1,600 a share by 2026.That leaves investors with base- and bull-cases to probe. Tesla stock has returned about 70% a year on average for the past five years. A repeat of that would put Tesla stock above $9,000 a share, making Tesla stock worth roughly $9 trillion. That might be too aggressive.Amazon.comshares (AMZN) have returned about 40% a year on average for the past five years. If Tesla can reach that return, its stock would hit about $3,500 by 2026. That would make Tesla stock worth roughly $3.5 trillion, which would be more than all other auto stocks combined by a factor of two. Maybe cutting that figure to $3,000 is prudent.Right in the middle of the bear- and bull-cases is a good guess for the base case. That yields $2,300 a share. At $2,300 by 2026, Tesla stock would have returned about 28% a year on average.Wood’s target price for Tesla stock in five years could easily be north of $2,000.In 2018, Wood made a now legendary call that Tesla would hit $4,000. That was before the stocksplit 5-for-1. Her call amounted to $800 a share, a level Tesla hit in late 2020.Going from $800 to $2,000-plus might seem like a stretch. How can things have gotten that much better less than three years after the initial $800 call? Well, Tesla has made more money faster than expected, EV battery costs have continued to fall, and more auto makers have committed to anall-electric future.Things are better for EVs.Wall Street’s top Tesla target price is from Piper’sAlex Potterat $1,200 a share. Wall Streettarget pricesare typically where analysts expect prices to go over the coming 12 months.Tesla stock has hit a bit ofa speed bumplately. Shares are down about 15% so far this year, lagging behind the returns of theS&P 500andDow Jones Industrial Average.Business execution doesn’t appear to be the issue. Fears of inflation andhigher interest rateshave hit stock prices of many high-growth stocks lately.Tesla is a high-growth company. It expects toincrease volumeat 50% a year on average for the foreseeable future.","news_type":1},"isVote":1,"tweetType":1,"viewCount":289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320112559,"gmtCreate":1615040479971,"gmtModify":1704778342495,"author":{"id":"3571814849777762","authorId":"3571814849777762","name":"fddndjdk","avatar":"https://static.tigerbbs.com/2c79eb8165abbe0aec630ed22d48a780","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571814849777762","idStr":"3571814849777762"},"themes":[],"htmlText":":’)","listText":":’)","text":":’)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/320112559","repostId":"320357114","repostType":1,"repost":{"id":320357114,"gmtCreate":1615025092534,"gmtModify":1704778264841,"author":{"id":"3468322318173915","authorId":"3468322318173915","name":"阳光财经","avatar":"https://static.tigerbbs.com/ae4ab676f150a8d357cb5f3e4956d1a0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3468322318173915","idStr":"3468322318173915"},"themes":[],"title":"","htmlText":"\n \n \n  美股分析：終於“回本”啦，我是說跌回本金附近了。\n \n","listText":"美股分析：終於“回本”啦，我是說跌回本金附近了。","text":"美股分析：終於“回本”啦，我是說跌回本金附近了。","images":[],"top":1,"highlighted":2,"essential":2,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/320357114","isVote":1,"tweetType":2,"object":{"id":"917979b09d4447e1a62698fb99231d71","tweetId":"320357114","title":"美股分析：终于“回本”啦，我是说跌回本金附近了。","videoUrl":"http://v.tigerbbs.com/161502508953337c63250377c9e04c1f7522853ec5b04.mp4","poster":"https://static.tigerbbs.com/a9cb5826514bc93e69c310a0ece53b3b","shareLink":"http://v.tigerbbs.com/161502508953337c63250377c9e04c1f7522853ec5b04.mp4"},"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":365538757,"gmtCreate":1614758201779,"gmtModify":1704774828704,"author":{"id":"3571814849777762","authorId":"3571814849777762","name":"fddndjdk","avatar":"https://static.tigerbbs.com/2c79eb8165abbe0aec630ed22d48a780","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571814849777762","idStr":"3571814849777762"},"themes":[],"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/365538757","repostId":"1199601936","repostType":4,"repost":{"id":"1199601936","kind":"news","pubTimestamp":1614735880,"share":"https://ttm.financial/m/news/1199601936?lang=&edition=fundamental","pubTime":"2021-03-03 09:44","market":"us","language":"en","title":"10% GDP growth? The U.S. economy is on fire, and is about to get stoked even more","url":"https://stock-news.laohu8.com/highlight/detail?id=1199601936","media":"CNBC","summary":"KEY POINTSEconomic growth in the first quarter could hit 10%, according to a Federal Reserve tracker","content":"<div>\n<p>KEY POINTSEconomic growth in the first quarter could hit 10%, according to a Federal Reserve tracker.That comes with Congress poised to spend another $1.9 trillion to address various areas....</p>\n\n<a href=\"https://www.cnbc.com/2021/03/02/10percent-gdp-growth-the-us-economy-is-on-fire-and-is-about-to-get-stoked-even-more.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>10% GDP growth? The U.S. economy is on fire, and is about to get stoked even more</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n10% GDP growth? The U.S. economy is on fire, and is about to get stoked even more\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-03 09:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/02/10percent-gdp-growth-the-us-economy-is-on-fire-and-is-about-to-get-stoked-even-more.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSEconomic growth in the first quarter could hit 10%, according to a Federal Reserve tracker.That comes with Congress poised to spend another $1.9 trillion to address various areas....</p>\n\n<a href=\"https://www.cnbc.com/2021/03/02/10percent-gdp-growth-the-us-economy-is-on-fire-and-is-about-to-get-stoked-even-more.html\">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",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF"},"source_url":"https://www.cnbc.com/2021/03/02/10percent-gdp-growth-the-us-economy-is-on-fire-and-is-about-to-get-stoked-even-more.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1199601936","content_text":"KEY POINTSEconomic growth in the first quarter could hit 10%, according to a Federal Reserve tracker.That comes with Congress poised to spend another $1.9 trillion to address various areas.Manufacturing is at its highest level since 2018, with prices rising and inventories choked.Employment remains the main weak spot, though some encouraging signs are emerging.The U.S. economy has roared back to life in 2021, with first-quarter growth set to defy even the rosiest expectations as another fresh influx of cash looms.Manufacturing data Monday showed the sector at its highest growth level since August 2018. That report from the Institute for Supply Management in turn helped confirm the notion among economists that output to start the year is far better than the low single-digit growth many had been predicting in late 2020.The Atlanta Federal Reserve, which tracks data in real time to estimate changes in gross domestic product, now is indicating a 10% gain for the first three months of the year. TheGDPNow toolgenerally is volatile early in the quarter then becomes more accurate as the data rolls in through the period.That comes on the heels of a report Friday showing thatpersonal income surged 10% in January, thanks largely to $600 stimulus checks from the government. Household wealth increased nearly $2 trillion for the month while spending rose just 2.4%, or $340.9 billion.Those numbers, along with a burst of nearly $4 trillion in savings, pointed to an economy not only growing powerfully but also one that is poised to continue that path through the year.“The V-shaped recovery in real GDP will remain V-shaped during the first half of this year and probably through the end of the year,” Ed Yardeni of Yardeni Research wrote in his daily note Tuesday. “However, it will no longer be a ‘recovery’ beyond Q1 because real GDP will have fully recovered during the current quarter. Thereafter, GDP will be in an ‘expansion’ in record-high territory.”Economists previously hadn’t expected the $21.5 trillion U.S. economy to regain its pandemic-related losses until at least the second or third quarter of this year, if not later.WATCH NOWVIDEO03:21Global growth expectations are driving rates, not inflation fears, says UBS’s Alli McCartneyBut a combination of systematic resilience combined with previously unimaginable doses offiscal and monetary stimulushave helped speed the recovery along considerably. The final quarter of 2020, in which GDP increased 4.1%, left the total of goods and services produced just $270 billion shy of the same period a year previous, beforeCovid-19struck.“With strong federal fiscal support and continued progress on vaccination, GDP growth this year could be the strongest we’ve seen in decades,” New York Federal Reserve President John Williams said in a speech last week.In fact, questions persist about whether the$1.9 trillion spending planfrom the Biden administration is necessary, at least to that magnitude. An economy poised to show its fastest annual growth pace since at least 1984 doesn’t seem like a very good candidate for more spending at a time when the federal government already is expected to run a $2.3 trillion budget deficit this year.Respondents to the ISM report indicated soaring prices and trouble with supply chains, with one manager in electrical equipment, appliances and components noting: “Things are now out of control. Everything is a mess, and we are seeing wide-scale shortages.”Markets have worried lately that overheated growth could generate inflation, particulary with the Federal Reserve continuing to keep its foot on the policy pedal.“Too much of a good thing is often just too much,” Yardeni wrote. “The economy is hot and will get hotter with the bonfire of the fiscal and monetary insanities.”A major area of weaknessTo be sure, frailties remain in the economy. Paramount among them is the gap in employment, particularly in the services sector.As of January, there were 8.6 million fewer employed than there were a year ago, just before the pandemic began threatening the U.S., according to the Bureau of Labor Statistics. About 4.3 million Americans have left the labor force in that time.Despitea drop in the headline unemployment ratefrom a pandemic high of 14.8% to 6.3%, employment in the hospitality sector has fallen by more than 3.8 million from a year ago, and the jobless rate for the industry is stuck at 15.9%, fully 10 percentage points higher than January 2020.“The most glaring issue with where we stand now has to be the labor market. We still have [nearly] 10 million jobs which are just simply missing,” said Troy Ludtka, U.S. economist at Natixis. “You’re going to see a situation in the coming years, looking back to this moment, where official statistics on things like food insecurity, poverty and inequality are going to reach generational highs.”However, Ludtka sees promise ahead, thanks in part to measures taken to address the ills of the current era.“The good news is that we are very quickly rebounding, and that is a sign of great promise,” he said. “We’re going to see an economy back to pre-pandemic levels of output, we’re going to see a situation in which unnecessary economic insecurity is mitigated.”There’s even some better news coming out of the jobs market, which despite the gaps that remain has recovered nearly 12.5 million nonfarm payroll jobs since the recovery began in May 2020.For one, job postings are on the rebound. Employment network Indeed reports that listings through Feb. 12 were up a seasonally adjusted 3.9% from Feb. 1, 2020, which it uses as the pre-Covid baseline. In early May 2020, postings lagged the baseline by 39%.Economists are counting on pent-up demand that vaccinations and falling coronavirus numbers will bring to drive job growth. Nonfarm payrolls for February are expected to show a gain of 210,000 when the BLS reports the numbers Friday.Questions of demand“You’re going to see the growth rates in the middle of the year probably close to 9%. That’s how strong the reopening of the U.S. economy will be vis-a-vis the release of pent-up demand by the household sector,” said Joseph Brusuelas, chief economist at RSM. “I don’t expect the pent-up demand to all be released this year. I’m expecting it to take about two years to do that, primarily because households will be somewhat cautious about the release of cash.”Indeed, the extent to which Americans in lockdown states will come rushing outside their homes when restrictions are lifted is a matter of debate.Spending on the services part of the economy “is just a different animal” than spending on goods that has boomed during the pandemic, said Liz Ann Sonders, chief investment strategist at Charles Schwab.“The whole pent-up demand is overrated, at least on the goods side of the economy. If anything, we’re going to have pent-down demand on the goods side,” Sonders said. “On the services side … it doesn’t persist for an extended period of time. If you miss four vacations, you take one.”Still, as the economic data continues to defy Wall Street estimates – to an extent unseen in pre-pandemic times – the expectations are growing that the risk to growth is clearly on the upside.Michelle Meyer, U.S. economist at Bank of America Global Research, said consumers showed tremendous resilience through the crisis that should carry over into 2021, particularly with more stimulus coming.“The important factor will be to get past the virus,” Meyer said. “All else equal, the economy is on a pretty strong foundation.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362597153,"gmtCreate":1614647640972,"gmtModify":1704773468214,"author":{"id":"3571814849777762","authorId":"3571814849777762","name":"fddndjdk","avatar":"https://static.tigerbbs.com/2c79eb8165abbe0aec630ed22d48a780","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571814849777762","idStr":"3571814849777762"},"themes":[],"htmlText":"????","listText":"????","text":"????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362597153","repostId":"1108903671","repostType":4,"repost":{"id":"1108903671","kind":"news","pubTimestamp":1614610882,"share":"https://ttm.financial/m/news/1108903671?lang=&edition=fundamental","pubTime":"2021-03-01 23:01","market":"us","language":"en","title":"Citi stock jumps nearly 4% as Wells Fargo makes case for higher valuation","url":"https://stock-news.laohu8.com/highlight/detail?id=1108903671","media":"Seekingalpha","summary":"Citigroup stock advances nearly 4% in early trading as Jane Fraser takes over as the bank's CEO even","content":"<p>Citigroup&nbsp;stock&nbsp;advances&nbsp;nearly 4%&nbsp;in early trading as Jane Fraser takes over as the bank's CEO even as she faces challengesin gaining regulators' confidence.</p><p>Wells Fargo analyst Mike Mayo considers Citi's parts areworth morethan its whole, according to a Barron's report on Saturday.</p><p>In his analysis of the bank's divisions, Citi could trade at 1.5x tangible book value, or $111 per share, \"reflecting significant hidden value and trapped capital,\" Mayo said.</p><p>By comparison, Citi closed at $65.88 on Friday.</p><p>Recapping on Citi's regulatory challenges, in 2012 and 2013, the Office of the Comptroller of the Currency and the Federal Reserve had hit the bank with a consent order for Bank Secrecy Act violations and weaknesses in anti-money-laundering compliance. Further regulatory actions led to another consent order and a $400M find for risk management-related deficiencies and compliance in 2020.</p><p>On top of that, a federal judge ruled that Revlon creditorsdidn't have to returnthe amounts they received when Citi accidentally wired $900M to them last summer.</p><p>On Friday, Citi revised its earnings downwardafter writing down down the Revlon loan.</p><p><img src=\"https://static.tigerbbs.com/2cf260b9ffe0438a66ea1f51b59759ef\" tg-width=\"1085\" tg-height=\"496\" referrerpolicy=\"no-referrer\"></p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Citi stock jumps nearly 4% as Wells Fargo makes case for higher valuation</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\">\nCiti stock jumps nearly 4% as Wells Fargo makes case for higher valuation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-01 23:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3667608-citi-stock-jumps-42-as-wells-fargo-makes-case-for-higher-valuation><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Citigroup stock advances nearly 4% in early trading as Jane Fraser takes over as the bank's CEO even as she faces challengesin gaining regulators' confidence.Wells Fargo analyst Mike Mayo considers ...</p>\n\n<a href=\"https://seekingalpha.com/news/3667608-citi-stock-jumps-42-as-wells-fargo-makes-case-for-higher-valuation\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C":"花旗"},"source_url":"https://seekingalpha.com/news/3667608-citi-stock-jumps-42-as-wells-fargo-makes-case-for-higher-valuation","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1108903671","content_text":"Citigroup stock advances nearly 4% in early trading as Jane Fraser takes over as the bank's CEO even as she faces challengesin gaining regulators' confidence.Wells Fargo analyst Mike Mayo considers Citi's parts areworth morethan its whole, according to a Barron's report on Saturday.In his analysis of the bank's divisions, Citi could trade at 1.5x tangible book value, or $111 per share, \"reflecting significant hidden value and trapped capital,\" Mayo said.By comparison, Citi closed at $65.88 on Friday.Recapping on Citi's regulatory challenges, in 2012 and 2013, the Office of the Comptroller of the Currency and the Federal Reserve had hit the bank with a consent order for Bank Secrecy Act violations and weaknesses in anti-money-laundering compliance. Further regulatory actions led to another consent order and a $400M find for risk management-related deficiencies and compliance in 2020.On top of that, a federal judge ruled that Revlon creditorsdidn't have to returnthe amounts they received when Citi accidentally wired $900M to them last summer.On Friday, Citi revised its earnings downwardafter writing down down the Revlon loan.","news_type":1},"isVote":1,"tweetType":1,"viewCount":285,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362594799,"gmtCreate":1614647610711,"gmtModify":1704773468866,"author":{"id":"3571814849777762","authorId":"3571814849777762","name":"fddndjdk","avatar":"https://static.tigerbbs.com/2c79eb8165abbe0aec630ed22d48a780","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571814849777762","idStr":"3571814849777762"},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362594799","repostId":"1118447670","repostType":4,"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368297885,"gmtCreate":1614326622847,"gmtModify":1704770693040,"author":{"id":"3571814849777762","authorId":"3571814849777762","name":"fddndjdk","avatar":"https://static.tigerbbs.com/2c79eb8165abbe0aec630ed22d48a780","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571814849777762","idStr":"3571814849777762"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/VKTX\">$Viking Therapeutics(VKTX)$</a>:)","listText":"<a href=\"https://laohu8.com/S/VKTX\">$Viking Therapeutics(VKTX)$</a>:)","text":"$Viking Therapeutics(VKTX)$:)","images":[{"img":"https://static.tigerbbs.com/de00e65f1529652d2cbcfdf8696cfbc4","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/368297885","isVote":1,"tweetType":1,"viewCount":705,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":368297008,"gmtCreate":1614326544604,"gmtModify":1704770692713,"author":{"id":"3571814849777762","authorId":"3571814849777762","name":"fddndjdk","avatar":"https://static.tigerbbs.com/2c79eb8165abbe0aec630ed22d48a780","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571814849777762","idStr":"3571814849777762"},"themes":[],"htmlText":"buy more?","listText":"buy more?","text":"buy more?","images":[{"img":"https://static.tigerbbs.com/49573d056fd00f115396f29ce2ada3d0","width":"750","height":"2138"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/368297008","isVote":1,"tweetType":1,"viewCount":329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}