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2021-09-18

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Is Now a Good Time to Buy Nintendo Stock?

2021-09-06

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Thanks! ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/884662515","repostId":"2168002520","repostType":4,"repost":{"id":"2168002520","kind":"highlight","pubTimestamp":1631887614,"share":"https://ttm.financial/m/news/2168002520?lang=&edition=full_marsco","pubTime":"2021-09-17 22:06","market":"us","language":"en","title":"Is Now a Good Time to Buy Nintendo Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2168002520","media":"Motley Fool","summary":"The stock is cheap and management is buying back shares.","content":"<p><b>Nintendo</b>'s (OTC:NTDOY) Switch game system has surpassed 85 million units sold to consumers. It's been a massive success for the Japanese gaming brand, but it's getting more difficult for Nintendo to post strong year-over-year growth rates after more than four years since its launch.</p>\n<p>After nearly doubling over the last five years, the stock is currently down 24% in 2021.&nbsp;Video game stocks are out of favor with the market right now, but that could represent an opportunity for long-term investors. Nintendo's valuation is starting to look very enticing as the stock is trading at just 13 times trailing-12-month earnings.</p>\n<p>Is Nintendo a steal at these levels, or is it a value trap? Let's first look at near-term growth catalysts.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/429d3a116235228babf2c63d6e365f8b\" tg-width=\"700\" tg-height=\"433\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>New releases</h2>\n<p>Nintendo has plenty of new releases coming out to drive sales this holiday season. First up is the new Switch (OLED model), launching on Oct. 8 for $349. The model is priced higher than the $299 for the regular Switch and $199 for Switch Lite, but the new version adds some features. As the name suggests, it has a more advanced organic light-emitting diode (OLED) screen that is slightly larger at 7 inches versus the regular Switch's 6.2-inch display. The other notable features are twice as much storage capacity (64 GB) and better sound quality.</p>\n<p>Some fans were disappointed that Nintendo didn't upgrade the internal processor. This improvement would have allowed for an even more appealing 4K display, which has become the <i>de facto</i> standard for hardcore gamers and smartphone users and would have likely gotten prospective buyers more excited. But Nintendo felt the need to avoid sticker shock heading into the holidays and skipped the additional cost of a higher-density display.</p>\n<p>Nintendo has historically relied on its exclusive software franchises, such as <i>Mario</i> and <i>Zelda</i>, to sell its hardware, as opposed to the other way around of trying to win fans with fancy hardware technology. That's the war <b>Sony</b>&nbsp;and <b>Microsoft</b> are battling right now, with PlayStation 5 and Xbox Series X/S. Nintendo hasn't had a problem selling tens of millions of units in most console cycles by sticking to its user-friendly designs, even if Nintendo's hardware generally trails the advanced graphics technology featured in the other consoles.</p>\n<p>It's unclear how well the OLED Switch will sell. Rumor has it that the regular Switch will get a price cut ahead of the holidays, which could keep it the most popular choice for new buyers. While Google Trends shows significantly higher search interest in the PlayStation 5 than the OLED Switch, the Nintendo Switch family of devices overall is receiving way more interest than PlayStation 5, which has outsold Xbox Series X 2-to-1 so far this cycle.</p>\n<p>Nintendo has a few games launching this fall to drive hardware sales. <i>Mario Party Superstars</i> launches in late October, but investors should watch the November release of two&nbsp;<i>Pokémon</i> remakes&nbsp;--&nbsp;<i>Pokémon Shining Pearl</i> and <i>Pokémon Brilliant Diamond</i>&nbsp;-- that should be best-sellers for the holidays.</p>\n<h2>Nintendo is flush with cash</h2>\n<p>It's also a bonus that after a profitable stretch of selling over 630 million software titles for Switch,&nbsp;Nintendo ended fiscal 2021 in March with $8.4 billion in cash and equivalents. Management recently announced a stock buyback&nbsp;of 1.51% of the company's total shares to return some of the excess cash to shareholders.</p>\n<p>Nintendo also maintains a policy to distribute a third of its operating profit via dividends every year.&nbsp;Management anticipates paying a dividend of approximately $1.70 per share for fiscal 2022,&nbsp;representing an above-average dividend yield of 2.8%.</p>\n<p>These are shareholder-friendly moves, especially the decision to buy back shares at these cheap valuation levels. Management is forecasting full-year sales to decline 9% in fiscal 2022, with operating profit expected to drop 22%. Some of that decline, however, is due to tough year-over-year comparisons against the phenomenal sales of <i>Animal Crossing: New Horizons</i> during calendar 2020. Nintendo said that sales of its first-party software titles grew last quarter when excluding the impact of <i>Animal Crossing</i>.</p>\n<p>Moreover, the company is currently executing a long-term growth strategy to expand access to Nintendo's intellectual property through movies,&nbsp;merchandise, mobile games, and theme parks,&nbsp;so I don't believe we've seen the end of growth at Nintendo.</p>\n<p>The stock sells for a low price-to-earnings ratio of 13 and offers an attractive dividend yield, and there are promising growth initiatives underway to expand the audience for Nintendo's properties. Investors who hold the shares for a minimum of five years have a good chance of earning a solid return on their investment.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Now a Good Time to Buy Nintendo Stock?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Now a Good Time to Buy Nintendo Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-17 22:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/17/is-now-a-good-time-to-buy-nintendo-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nintendo's (OTC:NTDOY) Switch game system has surpassed 85 million units sold to consumers. It's been a massive success for the Japanese gaming brand, but it's getting more difficult for Nintendo to ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/17/is-now-a-good-time-to-buy-nintendo-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/09/17/is-now-a-good-time-to-buy-nintendo-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2168002520","content_text":"Nintendo's (OTC:NTDOY) Switch game system has surpassed 85 million units sold to consumers. It's been a massive success for the Japanese gaming brand, but it's getting more difficult for Nintendo to post strong year-over-year growth rates after more than four years since its launch.\nAfter nearly doubling over the last five years, the stock is currently down 24% in 2021. Video game stocks are out of favor with the market right now, but that could represent an opportunity for long-term investors. Nintendo's valuation is starting to look very enticing as the stock is trading at just 13 times trailing-12-month earnings.\nIs Nintendo a steal at these levels, or is it a value trap? Let's first look at near-term growth catalysts.\nImage source: Getty Images.\nNew releases\nNintendo has plenty of new releases coming out to drive sales this holiday season. First up is the new Switch (OLED model), launching on Oct. 8 for $349. The model is priced higher than the $299 for the regular Switch and $199 for Switch Lite, but the new version adds some features. As the name suggests, it has a more advanced organic light-emitting diode (OLED) screen that is slightly larger at 7 inches versus the regular Switch's 6.2-inch display. The other notable features are twice as much storage capacity (64 GB) and better sound quality.\nSome fans were disappointed that Nintendo didn't upgrade the internal processor. This improvement would have allowed for an even more appealing 4K display, which has become the de facto standard for hardcore gamers and smartphone users and would have likely gotten prospective buyers more excited. But Nintendo felt the need to avoid sticker shock heading into the holidays and skipped the additional cost of a higher-density display.\nNintendo has historically relied on its exclusive software franchises, such as Mario and Zelda, to sell its hardware, as opposed to the other way around of trying to win fans with fancy hardware technology. That's the war Sony and Microsoft are battling right now, with PlayStation 5 and Xbox Series X/S. Nintendo hasn't had a problem selling tens of millions of units in most console cycles by sticking to its user-friendly designs, even if Nintendo's hardware generally trails the advanced graphics technology featured in the other consoles.\nIt's unclear how well the OLED Switch will sell. Rumor has it that the regular Switch will get a price cut ahead of the holidays, which could keep it the most popular choice for new buyers. While Google Trends shows significantly higher search interest in the PlayStation 5 than the OLED Switch, the Nintendo Switch family of devices overall is receiving way more interest than PlayStation 5, which has outsold Xbox Series X 2-to-1 so far this cycle.\nNintendo has a few games launching this fall to drive hardware sales. Mario Party Superstars launches in late October, but investors should watch the November release of two Pokémon remakes -- Pokémon Shining Pearl and Pokémon Brilliant Diamond -- that should be best-sellers for the holidays.\nNintendo is flush with cash\nIt's also a bonus that after a profitable stretch of selling over 630 million software titles for Switch, Nintendo ended fiscal 2021 in March with $8.4 billion in cash and equivalents. Management recently announced a stock buyback of 1.51% of the company's total shares to return some of the excess cash to shareholders.\nNintendo also maintains a policy to distribute a third of its operating profit via dividends every year. Management anticipates paying a dividend of approximately $1.70 per share for fiscal 2022, representing an above-average dividend yield of 2.8%.\nThese are shareholder-friendly moves, especially the decision to buy back shares at these cheap valuation levels. Management is forecasting full-year sales to decline 9% in fiscal 2022, with operating profit expected to drop 22%. Some of that decline, however, is due to tough year-over-year comparisons against the phenomenal sales of Animal Crossing: New Horizons during calendar 2020. Nintendo said that sales of its first-party software titles grew last quarter when excluding the impact of Animal Crossing.\nMoreover, the company is currently executing a long-term growth strategy to expand access to Nintendo's intellectual property through movies, merchandise, mobile games, and theme parks, so I don't believe we've seen the end of growth at Nintendo.\nThe stock sells for a low price-to-earnings ratio of 13 and offers an attractive dividend yield, and there are promising growth initiatives underway to expand the audience for Nintendo's properties. Investors who hold the shares for a minimum of five years have a good chance of earning a solid return on their investment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1092,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817032348,"gmtCreate":1630889933084,"gmtModify":1676530412126,"author":{"id":"3572748086232657","authorId":"3572748086232657","name":"Asstroid","avatar":"https://static.tigerbbs.com/b25dae15d343d649163f7e1e6e2e788d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572748086232657","authorIdStr":"3572748086232657"},"themes":[],"htmlText":"Thanks!","listText":"Thanks!","text":"Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/817032348","repostId":"1126654067","repostType":4,"repost":{"id":"1126654067","kind":"news","pubTimestamp":1630885254,"share":"https://ttm.financial/m/news/1126654067?lang=&edition=full_marsco","pubTime":"2021-09-06 07:40","market":"us","language":"en","title":"Is the U.S. stock market open on Labor Day?","url":"https://stock-news.laohu8.com/highlight/detail?id=1126654067","media":"MarketWatch","summary":"It is unofficially summer’s last hurrah for Wall Street investors.\nU.S. financial markets will be cl","content":"<p>It is unofficially summer’s last hurrah for Wall Street investors.</p>\n<p>U.S. financial markets will be closed for Labor Day on Monday, Sept. 6, marking a three-day weekend in the U.S., following what has been a mostly spectacular run for the stock market. The rally came despite concerns about the spread of the delta variant of the coronavirus and unease about the timetable for an eventual rollback of easy-money policies implemented by the Federal Reserve at the onset of the pandemic last year.</p>\n<p>On Monday, U.S. stock exchanges, including the Intercontinental Exchange Inc.&nbsp;-owned New York Stock Exchange and Nasdaq Inc.,will be closed, so don’t look for any action in individual stocks or indexes including the Dow Jones Industrial Average,&nbsp;S&amp;P 500&nbsp;or Nasdaq Composite indexes.</p>\n<p>The S&amp;P 500 has already notched 54 record closing highs in 2021 and was looking for its 55th on Friday, while the Nasdaq Composite&nbsp;was on track to book its 35th&nbsp;all-time high of the year. The Dow stood less than a percentage point from its Aug. 16 record, mid-afternoon Friday.</p>\n<p>Sifma, the securities-industry trade group for fixed-income, also has recommended the bond market close on Labor Day, including trading in the 10-year Treasury note,which was&nbsp;yielding around 1.33%&nbsp;after the U.S. August jobs report came in weaker than expected.</p>\n<p>However, the&nbsp;Labor Department’s employment report,which showed that&nbsp;235,000 jobs were created in August, far below expectations for more than 700,000, failed to dull expectations among sovereign debt investors for a near-term announcement of tapering of the Fed’s $120 billion in monthly purchases in Treasurys and mortgage-backed securities.</p>\n<p>Trading in most commodity futures, including Nymex crude-oil&nbsp;and Comex gold,on U.S. exchanges will also be halted Monday.</p>\n<p>Is there any significance to the holiday for average investors, besides the time off in the U.S. and the barbecues?</p>\n<p>Probably not.</p>\n<p>But the May Memorial Day to September Labor Day period in recent years has proven a bullish stretch one for investors, according to Dow Jones Market Data. The Dow, for example, is up by about 2% over that period and averages a gain of 1.3%, producing a winning record 65% of the time. The Dow is currently enjoying a win streak, over the past six Memorial Day/Labor Day periods, representing the longest win streak since 1989. Last year, the markets gained nearly 15% over that time.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f3f0f061a4ddd2ca31c53f8aa68e3cce\" tg-width=\"699\" tg-height=\"564\" width=\"100%\" height=\"auto\"><span>DOW JONES MARKET DATA</span></p>\n<p>The S&amp;P 500 is on a similar win streak and is up nearly 8% so far this Memorial Day-Labor Day period. It has risen more than 70% over that period in past years and averages a 1.7% gain. The broad-market index rose 16% during that time in 2020.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0c780a46e32d055feb3e3f5e10fc987f\" tg-width=\"699\" tg-height=\"564\" width=\"100%\" height=\"auto\"><span>DOW JONES MARKET DATA</span></p>\n<p>But if there is a bona fide trend in the Labor Day trading it may be this one that MarketWatch’s&nbsp;Steve Goldstein reports, quoting Raymond James strategist Tavis McCourt, who says that in the last two years, there was a big value and cyclical bias in stock markets after the holiday, and in 2018, markets basically collapsed after the summer drew to a close.</p>\n<p>It is impossible to know if the stock market rally will peter out similarly this time around but there is a growing sense on Wall Street that valuations are too lofty and equity indexes are due for a pullback of at least 5% or better from current heights.</p>\n<p>Markets will be back to business as usual on Tuesday and, of course, European bourses, including London’s FTSE 100&nbsp;index and the pan-European Stoxx Europe 600&nbsp;will be open on Monday, as well as Asian markets, the Nikkei 225,Hong Kong’s Hang Seng&nbsp;and the Shanghai Composite Index.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is the U.S. stock market open on Labor Day?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs the U.S. stock market open on Labor Day?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-06 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/is-the-u-s-stock-market-open-on-labor-day-11630697597?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It is unofficially summer’s last hurrah for Wall Street investors.\nU.S. financial markets will be closed for Labor Day on Monday, Sept. 6, marking a three-day weekend in the U.S., following what has ...</p>\n\n<a href=\"https://www.marketwatch.com/story/is-the-u-s-stock-market-open-on-labor-day-11630697597?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","ICE":"洲际交易所",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/is-the-u-s-stock-market-open-on-labor-day-11630697597?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126654067","content_text":"It is unofficially summer’s last hurrah for Wall Street investors.\nU.S. financial markets will be closed for Labor Day on Monday, Sept. 6, marking a three-day weekend in the U.S., following what has been a mostly spectacular run for the stock market. The rally came despite concerns about the spread of the delta variant of the coronavirus and unease about the timetable for an eventual rollback of easy-money policies implemented by the Federal Reserve at the onset of the pandemic last year.\nOn Monday, U.S. stock exchanges, including the Intercontinental Exchange Inc. -owned New York Stock Exchange and Nasdaq Inc.,will be closed, so don’t look for any action in individual stocks or indexes including the Dow Jones Industrial Average, S&P 500 or Nasdaq Composite indexes.\nThe S&P 500 has already notched 54 record closing highs in 2021 and was looking for its 55th on Friday, while the Nasdaq Composite was on track to book its 35th all-time high of the year. The Dow stood less than a percentage point from its Aug. 16 record, mid-afternoon Friday.\nSifma, the securities-industry trade group for fixed-income, also has recommended the bond market close on Labor Day, including trading in the 10-year Treasury note,which was yielding around 1.33% after the U.S. August jobs report came in weaker than expected.\nHowever, the Labor Department’s employment report,which showed that 235,000 jobs were created in August, far below expectations for more than 700,000, failed to dull expectations among sovereign debt investors for a near-term announcement of tapering of the Fed’s $120 billion in monthly purchases in Treasurys and mortgage-backed securities.\nTrading in most commodity futures, including Nymex crude-oil and Comex gold,on U.S. exchanges will also be halted Monday.\nIs there any significance to the holiday for average investors, besides the time off in the U.S. and the barbecues?\nProbably not.\nBut the May Memorial Day to September Labor Day period in recent years has proven a bullish stretch one for investors, according to Dow Jones Market Data. The Dow, for example, is up by about 2% over that period and averages a gain of 1.3%, producing a winning record 65% of the time. The Dow is currently enjoying a win streak, over the past six Memorial Day/Labor Day periods, representing the longest win streak since 1989. Last year, the markets gained nearly 15% over that time.\nDOW JONES MARKET DATA\nThe S&P 500 is on a similar win streak and is up nearly 8% so far this Memorial Day-Labor Day period. It has risen more than 70% over that period in past years and averages a 1.7% gain. The broad-market index rose 16% during that time in 2020.\nDOW JONES MARKET DATA\nBut if there is a bona fide trend in the Labor Day trading it may be this one that MarketWatch’s Steve Goldstein reports, quoting Raymond James strategist Tavis McCourt, who says that in the last two years, there was a big value and cyclical bias in stock markets after the holiday, and in 2018, markets basically collapsed after the summer drew to a close.\nIt is impossible to know if the stock market rally will peter out similarly this time around but there is a growing sense on Wall Street that valuations are too lofty and equity indexes are due for a pullback of at least 5% or better from current heights.\nMarkets will be back to business as usual on Tuesday and, of course, European bourses, including London’s FTSE 100 index and the pan-European Stoxx Europe 600 will be open on Monday, as well as Asian markets, the Nikkei 225,Hong Kong’s Hang Seng and the Shanghai Composite Index.","news_type":1},"isVote":1,"tweetType":1,"viewCount":931,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898543516,"gmtCreate":1628513957435,"gmtModify":1703507341522,"author":{"id":"3572748086232657","authorId":"3572748086232657","name":"Asstroid","avatar":"https://static.tigerbbs.com/b25dae15d343d649163f7e1e6e2e788d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572748086232657","authorIdStr":"3572748086232657"},"themes":[],"htmlText":"Please like. Thanks! ?","listText":"Please like. Thanks! ?","text":"Please like. Thanks! ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/898543516","repostId":"2158446765","repostType":4,"isVote":1,"tweetType":1,"viewCount":700,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":884662515,"gmtCreate":1631887717437,"gmtModify":1676530662680,"author":{"id":"3572748086232657","authorId":"3572748086232657","name":"Asstroid","avatar":"https://static.tigerbbs.com/b25dae15d343d649163f7e1e6e2e788d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572748086232657","authorIdStr":"3572748086232657"},"themes":[],"htmlText":"Please like. Thanks! ?","listText":"Please like. Thanks! ?","text":"Please like. Thanks! ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/884662515","repostId":"2168002520","repostType":4,"repost":{"id":"2168002520","kind":"highlight","pubTimestamp":1631887614,"share":"https://ttm.financial/m/news/2168002520?lang=&edition=full_marsco","pubTime":"2021-09-17 22:06","market":"us","language":"en","title":"Is Now a Good Time to Buy Nintendo Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2168002520","media":"Motley Fool","summary":"The stock is cheap and management is buying back shares.","content":"<p><b>Nintendo</b>'s (OTC:NTDOY) Switch game system has surpassed 85 million units sold to consumers. It's been a massive success for the Japanese gaming brand, but it's getting more difficult for Nintendo to post strong year-over-year growth rates after more than four years since its launch.</p>\n<p>After nearly doubling over the last five years, the stock is currently down 24% in 2021.&nbsp;Video game stocks are out of favor with the market right now, but that could represent an opportunity for long-term investors. Nintendo's valuation is starting to look very enticing as the stock is trading at just 13 times trailing-12-month earnings.</p>\n<p>Is Nintendo a steal at these levels, or is it a value trap? Let's first look at near-term growth catalysts.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/429d3a116235228babf2c63d6e365f8b\" tg-width=\"700\" tg-height=\"433\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>New releases</h2>\n<p>Nintendo has plenty of new releases coming out to drive sales this holiday season. First up is the new Switch (OLED model), launching on Oct. 8 for $349. The model is priced higher than the $299 for the regular Switch and $199 for Switch Lite, but the new version adds some features. As the name suggests, it has a more advanced organic light-emitting diode (OLED) screen that is slightly larger at 7 inches versus the regular Switch's 6.2-inch display. The other notable features are twice as much storage capacity (64 GB) and better sound quality.</p>\n<p>Some fans were disappointed that Nintendo didn't upgrade the internal processor. This improvement would have allowed for an even more appealing 4K display, which has become the <i>de facto</i> standard for hardcore gamers and smartphone users and would have likely gotten prospective buyers more excited. But Nintendo felt the need to avoid sticker shock heading into the holidays and skipped the additional cost of a higher-density display.</p>\n<p>Nintendo has historically relied on its exclusive software franchises, such as <i>Mario</i> and <i>Zelda</i>, to sell its hardware, as opposed to the other way around of trying to win fans with fancy hardware technology. That's the war <b>Sony</b>&nbsp;and <b>Microsoft</b> are battling right now, with PlayStation 5 and Xbox Series X/S. Nintendo hasn't had a problem selling tens of millions of units in most console cycles by sticking to its user-friendly designs, even if Nintendo's hardware generally trails the advanced graphics technology featured in the other consoles.</p>\n<p>It's unclear how well the OLED Switch will sell. Rumor has it that the regular Switch will get a price cut ahead of the holidays, which could keep it the most popular choice for new buyers. While Google Trends shows significantly higher search interest in the PlayStation 5 than the OLED Switch, the Nintendo Switch family of devices overall is receiving way more interest than PlayStation 5, which has outsold Xbox Series X 2-to-1 so far this cycle.</p>\n<p>Nintendo has a few games launching this fall to drive hardware sales. <i>Mario Party Superstars</i> launches in late October, but investors should watch the November release of two&nbsp;<i>Pokémon</i> remakes&nbsp;--&nbsp;<i>Pokémon Shining Pearl</i> and <i>Pokémon Brilliant Diamond</i>&nbsp;-- that should be best-sellers for the holidays.</p>\n<h2>Nintendo is flush with cash</h2>\n<p>It's also a bonus that after a profitable stretch of selling over 630 million software titles for Switch,&nbsp;Nintendo ended fiscal 2021 in March with $8.4 billion in cash and equivalents. Management recently announced a stock buyback&nbsp;of 1.51% of the company's total shares to return some of the excess cash to shareholders.</p>\n<p>Nintendo also maintains a policy to distribute a third of its operating profit via dividends every year.&nbsp;Management anticipates paying a dividend of approximately $1.70 per share for fiscal 2022,&nbsp;representing an above-average dividend yield of 2.8%.</p>\n<p>These are shareholder-friendly moves, especially the decision to buy back shares at these cheap valuation levels. Management is forecasting full-year sales to decline 9% in fiscal 2022, with operating profit expected to drop 22%. Some of that decline, however, is due to tough year-over-year comparisons against the phenomenal sales of <i>Animal Crossing: New Horizons</i> during calendar 2020. Nintendo said that sales of its first-party software titles grew last quarter when excluding the impact of <i>Animal Crossing</i>.</p>\n<p>Moreover, the company is currently executing a long-term growth strategy to expand access to Nintendo's intellectual property through movies,&nbsp;merchandise, mobile games, and theme parks,&nbsp;so I don't believe we've seen the end of growth at Nintendo.</p>\n<p>The stock sells for a low price-to-earnings ratio of 13 and offers an attractive dividend yield, and there are promising growth initiatives underway to expand the audience for Nintendo's properties. Investors who hold the shares for a minimum of five years have a good chance of earning a solid return on their investment.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Now a Good Time to Buy Nintendo Stock?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Now a Good Time to Buy Nintendo Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-17 22:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/17/is-now-a-good-time-to-buy-nintendo-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nintendo's (OTC:NTDOY) Switch game system has surpassed 85 million units sold to consumers. It's been a massive success for the Japanese gaming brand, but it's getting more difficult for Nintendo to ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/17/is-now-a-good-time-to-buy-nintendo-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/09/17/is-now-a-good-time-to-buy-nintendo-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2168002520","content_text":"Nintendo's (OTC:NTDOY) Switch game system has surpassed 85 million units sold to consumers. It's been a massive success for the Japanese gaming brand, but it's getting more difficult for Nintendo to post strong year-over-year growth rates after more than four years since its launch.\nAfter nearly doubling over the last five years, the stock is currently down 24% in 2021. Video game stocks are out of favor with the market right now, but that could represent an opportunity for long-term investors. Nintendo's valuation is starting to look very enticing as the stock is trading at just 13 times trailing-12-month earnings.\nIs Nintendo a steal at these levels, or is it a value trap? Let's first look at near-term growth catalysts.\nImage source: Getty Images.\nNew releases\nNintendo has plenty of new releases coming out to drive sales this holiday season. First up is the new Switch (OLED model), launching on Oct. 8 for $349. The model is priced higher than the $299 for the regular Switch and $199 for Switch Lite, but the new version adds some features. As the name suggests, it has a more advanced organic light-emitting diode (OLED) screen that is slightly larger at 7 inches versus the regular Switch's 6.2-inch display. The other notable features are twice as much storage capacity (64 GB) and better sound quality.\nSome fans were disappointed that Nintendo didn't upgrade the internal processor. This improvement would have allowed for an even more appealing 4K display, which has become the de facto standard for hardcore gamers and smartphone users and would have likely gotten prospective buyers more excited. But Nintendo felt the need to avoid sticker shock heading into the holidays and skipped the additional cost of a higher-density display.\nNintendo has historically relied on its exclusive software franchises, such as Mario and Zelda, to sell its hardware, as opposed to the other way around of trying to win fans with fancy hardware technology. That's the war Sony and Microsoft are battling right now, with PlayStation 5 and Xbox Series X/S. Nintendo hasn't had a problem selling tens of millions of units in most console cycles by sticking to its user-friendly designs, even if Nintendo's hardware generally trails the advanced graphics technology featured in the other consoles.\nIt's unclear how well the OLED Switch will sell. Rumor has it that the regular Switch will get a price cut ahead of the holidays, which could keep it the most popular choice for new buyers. While Google Trends shows significantly higher search interest in the PlayStation 5 than the OLED Switch, the Nintendo Switch family of devices overall is receiving way more interest than PlayStation 5, which has outsold Xbox Series X 2-to-1 so far this cycle.\nNintendo has a few games launching this fall to drive hardware sales. Mario Party Superstars launches in late October, but investors should watch the November release of two Pokémon remakes -- Pokémon Shining Pearl and Pokémon Brilliant Diamond -- that should be best-sellers for the holidays.\nNintendo is flush with cash\nIt's also a bonus that after a profitable stretch of selling over 630 million software titles for Switch, Nintendo ended fiscal 2021 in March with $8.4 billion in cash and equivalents. Management recently announced a stock buyback of 1.51% of the company's total shares to return some of the excess cash to shareholders.\nNintendo also maintains a policy to distribute a third of its operating profit via dividends every year. Management anticipates paying a dividend of approximately $1.70 per share for fiscal 2022, representing an above-average dividend yield of 2.8%.\nThese are shareholder-friendly moves, especially the decision to buy back shares at these cheap valuation levels. Management is forecasting full-year sales to decline 9% in fiscal 2022, with operating profit expected to drop 22%. Some of that decline, however, is due to tough year-over-year comparisons against the phenomenal sales of Animal Crossing: New Horizons during calendar 2020. Nintendo said that sales of its first-party software titles grew last quarter when excluding the impact of Animal Crossing.\nMoreover, the company is currently executing a long-term growth strategy to expand access to Nintendo's intellectual property through movies, merchandise, mobile games, and theme parks, so I don't believe we've seen the end of growth at Nintendo.\nThe stock sells for a low price-to-earnings ratio of 13 and offers an attractive dividend yield, and there are promising growth initiatives underway to expand the audience for Nintendo's properties. Investors who hold the shares for a minimum of five years have a good chance of earning a solid return on their investment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1092,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887378690,"gmtCreate":1631988986210,"gmtModify":1676530682451,"author":{"id":"3572748086232657","authorId":"3572748086232657","name":"Asstroid","avatar":"https://static.tigerbbs.com/b25dae15d343d649163f7e1e6e2e788d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572748086232657","authorIdStr":"3572748086232657"},"themes":[],"htmlText":"Please like! Thanks! ?","listText":"Please like! Thanks! ?","text":"Please like! Thanks! ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/887378690","repostId":"1171558890","repostType":4,"isVote":1,"tweetType":1,"viewCount":1149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817032348,"gmtCreate":1630889933084,"gmtModify":1676530412126,"author":{"id":"3572748086232657","authorId":"3572748086232657","name":"Asstroid","avatar":"https://static.tigerbbs.com/b25dae15d343d649163f7e1e6e2e788d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572748086232657","authorIdStr":"3572748086232657"},"themes":[],"htmlText":"Thanks!","listText":"Thanks!","text":"Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/817032348","repostId":"1126654067","repostType":4,"repost":{"id":"1126654067","kind":"news","pubTimestamp":1630885254,"share":"https://ttm.financial/m/news/1126654067?lang=&edition=full_marsco","pubTime":"2021-09-06 07:40","market":"us","language":"en","title":"Is the U.S. stock market open on Labor Day?","url":"https://stock-news.laohu8.com/highlight/detail?id=1126654067","media":"MarketWatch","summary":"It is unofficially summer’s last hurrah for Wall Street investors.\nU.S. financial markets will be cl","content":"<p>It is unofficially summer’s last hurrah for Wall Street investors.</p>\n<p>U.S. financial markets will be closed for Labor Day on Monday, Sept. 6, marking a three-day weekend in the U.S., following what has been a mostly spectacular run for the stock market. The rally came despite concerns about the spread of the delta variant of the coronavirus and unease about the timetable for an eventual rollback of easy-money policies implemented by the Federal Reserve at the onset of the pandemic last year.</p>\n<p>On Monday, U.S. stock exchanges, including the Intercontinental Exchange Inc.&nbsp;-owned New York Stock Exchange and Nasdaq Inc.,will be closed, so don’t look for any action in individual stocks or indexes including the Dow Jones Industrial Average,&nbsp;S&amp;P 500&nbsp;or Nasdaq Composite indexes.</p>\n<p>The S&amp;P 500 has already notched 54 record closing highs in 2021 and was looking for its 55th on Friday, while the Nasdaq Composite&nbsp;was on track to book its 35th&nbsp;all-time high of the year. The Dow stood less than a percentage point from its Aug. 16 record, mid-afternoon Friday.</p>\n<p>Sifma, the securities-industry trade group for fixed-income, also has recommended the bond market close on Labor Day, including trading in the 10-year Treasury note,which was&nbsp;yielding around 1.33%&nbsp;after the U.S. August jobs report came in weaker than expected.</p>\n<p>However, the&nbsp;Labor Department’s employment report,which showed that&nbsp;235,000 jobs were created in August, far below expectations for more than 700,000, failed to dull expectations among sovereign debt investors for a near-term announcement of tapering of the Fed’s $120 billion in monthly purchases in Treasurys and mortgage-backed securities.</p>\n<p>Trading in most commodity futures, including Nymex crude-oil&nbsp;and Comex gold,on U.S. exchanges will also be halted Monday.</p>\n<p>Is there any significance to the holiday for average investors, besides the time off in the U.S. and the barbecues?</p>\n<p>Probably not.</p>\n<p>But the May Memorial Day to September Labor Day period in recent years has proven a bullish stretch one for investors, according to Dow Jones Market Data. The Dow, for example, is up by about 2% over that period and averages a gain of 1.3%, producing a winning record 65% of the time. The Dow is currently enjoying a win streak, over the past six Memorial Day/Labor Day periods, representing the longest win streak since 1989. Last year, the markets gained nearly 15% over that time.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f3f0f061a4ddd2ca31c53f8aa68e3cce\" tg-width=\"699\" tg-height=\"564\" width=\"100%\" height=\"auto\"><span>DOW JONES MARKET DATA</span></p>\n<p>The S&amp;P 500 is on a similar win streak and is up nearly 8% so far this Memorial Day-Labor Day period. It has risen more than 70% over that period in past years and averages a 1.7% gain. The broad-market index rose 16% during that time in 2020.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0c780a46e32d055feb3e3f5e10fc987f\" tg-width=\"699\" tg-height=\"564\" width=\"100%\" height=\"auto\"><span>DOW JONES MARKET DATA</span></p>\n<p>But if there is a bona fide trend in the Labor Day trading it may be this one that MarketWatch’s&nbsp;Steve Goldstein reports, quoting Raymond James strategist Tavis McCourt, who says that in the last two years, there was a big value and cyclical bias in stock markets after the holiday, and in 2018, markets basically collapsed after the summer drew to a close.</p>\n<p>It is impossible to know if the stock market rally will peter out similarly this time around but there is a growing sense on Wall Street that valuations are too lofty and equity indexes are due for a pullback of at least 5% or better from current heights.</p>\n<p>Markets will be back to business as usual on Tuesday and, of course, European bourses, including London’s FTSE 100&nbsp;index and the pan-European Stoxx Europe 600&nbsp;will be open on Monday, as well as Asian markets, the Nikkei 225,Hong Kong’s Hang Seng&nbsp;and the Shanghai Composite Index.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs the U.S. stock market open on Labor Day?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-06 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/is-the-u-s-stock-market-open-on-labor-day-11630697597?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It is unofficially summer’s last hurrah for Wall Street investors.\nU.S. financial markets will be closed for Labor Day on Monday, Sept. 6, marking a three-day weekend in the U.S., following what has ...</p>\n\n<a href=\"https://www.marketwatch.com/story/is-the-u-s-stock-market-open-on-labor-day-11630697597?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","ICE":"洲际交易所",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/is-the-u-s-stock-market-open-on-labor-day-11630697597?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126654067","content_text":"It is unofficially summer’s last hurrah for Wall Street investors.\nU.S. financial markets will be closed for Labor Day on Monday, Sept. 6, marking a three-day weekend in the U.S., following what has been a mostly spectacular run for the stock market. The rally came despite concerns about the spread of the delta variant of the coronavirus and unease about the timetable for an eventual rollback of easy-money policies implemented by the Federal Reserve at the onset of the pandemic last year.\nOn Monday, U.S. stock exchanges, including the Intercontinental Exchange Inc. -owned New York Stock Exchange and Nasdaq Inc.,will be closed, so don’t look for any action in individual stocks or indexes including the Dow Jones Industrial Average, S&P 500 or Nasdaq Composite indexes.\nThe S&P 500 has already notched 54 record closing highs in 2021 and was looking for its 55th on Friday, while the Nasdaq Composite was on track to book its 35th all-time high of the year. The Dow stood less than a percentage point from its Aug. 16 record, mid-afternoon Friday.\nSifma, the securities-industry trade group for fixed-income, also has recommended the bond market close on Labor Day, including trading in the 10-year Treasury note,which was yielding around 1.33% after the U.S. August jobs report came in weaker than expected.\nHowever, the Labor Department’s employment report,which showed that 235,000 jobs were created in August, far below expectations for more than 700,000, failed to dull expectations among sovereign debt investors for a near-term announcement of tapering of the Fed’s $120 billion in monthly purchases in Treasurys and mortgage-backed securities.\nTrading in most commodity futures, including Nymex crude-oil and Comex gold,on U.S. exchanges will also be halted Monday.\nIs there any significance to the holiday for average investors, besides the time off in the U.S. and the barbecues?\nProbably not.\nBut the May Memorial Day to September Labor Day period in recent years has proven a bullish stretch one for investors, according to Dow Jones Market Data. The Dow, for example, is up by about 2% over that period and averages a gain of 1.3%, producing a winning record 65% of the time. The Dow is currently enjoying a win streak, over the past six Memorial Day/Labor Day periods, representing the longest win streak since 1989. Last year, the markets gained nearly 15% over that time.\nDOW JONES MARKET DATA\nThe S&P 500 is on a similar win streak and is up nearly 8% so far this Memorial Day-Labor Day period. It has risen more than 70% over that period in past years and averages a 1.7% gain. The broad-market index rose 16% during that time in 2020.\nDOW JONES MARKET DATA\nBut if there is a bona fide trend in the Labor Day trading it may be this one that MarketWatch’s Steve Goldstein reports, quoting Raymond James strategist Tavis McCourt, who says that in the last two years, there was a big value and cyclical bias in stock markets after the holiday, and in 2018, markets basically collapsed after the summer drew to a close.\nIt is impossible to know if the stock market rally will peter out similarly this time around but there is a growing sense on Wall Street that valuations are too lofty and equity indexes are due for a pullback of at least 5% or better from current heights.\nMarkets will be back to business as usual on Tuesday and, of course, European bourses, including London’s FTSE 100 index and the pan-European Stoxx Europe 600 will be open on Monday, as well as Asian markets, the Nikkei 225,Hong Kong’s Hang Seng and the Shanghai Composite Index.","news_type":1},"isVote":1,"tweetType":1,"viewCount":931,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898543516,"gmtCreate":1628513957435,"gmtModify":1703507341522,"author":{"id":"3572748086232657","authorId":"3572748086232657","name":"Asstroid","avatar":"https://static.tigerbbs.com/b25dae15d343d649163f7e1e6e2e788d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572748086232657","authorIdStr":"3572748086232657"},"themes":[],"htmlText":"Please like. Thanks! ?","listText":"Please like. Thanks! ?","text":"Please like. Thanks! ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/898543516","repostId":"2158446765","repostType":4,"isVote":1,"tweetType":1,"viewCount":700,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}