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2023-01-05

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Why Did Alibaba Shares Climb 13% Wednesday?

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08:06","market":"us","language":"en","title":"Why Did Alibaba Shares Climb 13% Wednesday?","url":"https://stock-news.laohu8.com/highlight/detail?id=1139427647","media":"Seekingalpha","summary":"Alibaba shares surged nearly 13% Wednesday as Chinese stocks on the whole rallied as Beijing gave th","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/BABA\">Alibaba</a> shares surged nearly 13% Wednesday as Chinese stocks on the whole rallied as Beijing gave the approval to a massive capital increase to financial technology company Ant Group.</p><p><img src=\"https://static.tigerbbs.com/883bf68c960bc4d737e061697b1aeadc\" tg-width=\"838\" tg-height=\"671\" referrerpolicy=\"no-referrer\"/></p><p>Prior to the start of trading, China awarded Ant Group a $1.5B capital increase. 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The move was seen on Wall Street as a sign that China may be easing up on more than two years of regulatory crackdowns on many of the countries top tech companies.And as Alibaba (BABA) owns about one-third of Ant Group, the Chinese e-commerce and Internet giant was expected to benefit from China's new financial policies toward some of its largest companies.In addition to Alibaba (BABA), big gains also came from the likes of JD.com (JD), Tencent Holdings (OTCPK:TCEHY) and Baidu (BIDU), all of which ended the day in positive territory.","news_type":1},"isVote":1,"tweetType":1,"viewCount":369,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9963089772,"gmtCreate":1668554617896,"gmtModify":1676538073842,"author":{"id":"3574475267062452","authorId":"3574475267062452","name":"RLHuat","avatar":"https://static.tigerbbs.com/081df75e9ab081b3620166fb61e75cad","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574475267062452","authorIdStr":"3574475267062452"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9963089772","repostId":"2283433332","repostType":2,"repost":{"id":"2283433332","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1668548417,"share":"https://ttm.financial/m/news/2283433332?lang=&edition=fundamental","pubTime":"2022-11-16 05:40","market":"us","language":"en","title":"US STOCKS-Wall Street Gains on Inflation Data, but Rocky on Geopolitics","url":"https://stock-news.laohu8.com/highlight/detail?id=2283433332","media":"Reuters","summary":"(Reuters) - Wall Street's main indexes gained on Tuesday, shaking off an unconfirmed report of Russi","content":"<html><head></head><body><p>(Reuters) - Wall Street&#39;s main indexes gained on Tuesday, shaking off an unconfirmed report of Russian missiles crossing into Poland that sparked volatility, as investors seized on softer-than-expected inflation data that raised hopes of a pullback in rate hikes by the U.S. Federal Reserve.</p><p>Equities were boosted by Tuesday&#39;s inflation report that showed producer prices rising 8% in the 12 months through October against an estimated 8.3% rise.</p><p>The gains built on a rally that was kicked off late last week by a cooler-than-expected report on consumer prices.</p><p>&#34;The market has been driven by the inflation number that came out a little bit lower than expected and confirmed last week&#39;s number to some degree that we may have rounded the corner on inflation,&#34; said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia.</p><p>The market was &#34;a little bit more volatile this afternoon as news stories came out about the Russian missile landing in Poland,&#34; Tuz said.</p><p>The Dow Jones Industrial Average rose 56.22 points, or 0.17%, to 33,592.92, the S&amp;P 500 gained 34.48 points, or 0.87%, to 3,991.73 and the Nasdaq Composite added 162.19 points, or 1.45%, to 11,358.41.</p><p>Two people were killed in an explosion in Przewodow, a village in eastern Poland near the border with Ukraine, firefighters said as NATO allies investigated reports that the blast resulted from Russian missiles.</p><p>The Associated Press earlier cited a senior U.S. intelligence official as saying the blast was due to Russian missiles crossing into Poland. But the Pentagon said it could not confirm that account.</p><p>Stocks pulled back around mid-day after the report, with the Dow turning negative, before they steadied.</p><p>&#34;The decline was triggered by reports of a Russian missile landing in Poland,&#34; said Steve Sosnick, chief strategist at Interactive Brokers. &#34;This could develop into something far worse, but right now markets are nervous, not panicked.&#34;</p><p>Shares of Walmart Inc jumped 6.5% after the top U.S. retailer lifted its annual sales and profit forecasts, benefiting from a steady demand for groceries despite higher prices.</p><p>Shares of other retailers, including Target Corp and Costco, also rose following Walmart&#39;s report. Target, which is due to report on Wednesday, rose 3.9%, while Costco gained 3.3%.</p><p>Home Depot shares rose 1.6% after the home improvement chain&#39;s results showed it tapped higher prices to override a drop in customer transactions for the third quarter.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 3.25-to-1 ratio; on Nasdaq, a 2.01-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 5 new 52-week highs and no new lows; the Nasdaq Composite recorded 85 new highs and 76 new lows.</p><p>About 13.1 billion shares changed hands in U.S. exchanges, compared with the 12.2 billion daily average over the last 20 sessions.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Gains on Inflation Data, but Rocky on Geopolitics</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\">\nUS STOCKS-Wall Street Gains on Inflation Data, but Rocky on Geopolitics\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-11-16 05:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Wall Street&#39;s main indexes gained on Tuesday, shaking off an unconfirmed report of Russian missiles crossing into Poland that sparked volatility, as investors seized on softer-than-expected inflation data that raised hopes of a pullback in rate hikes by the U.S. Federal Reserve.</p><p>Equities were boosted by Tuesday&#39;s inflation report that showed producer prices rising 8% in the 12 months through October against an estimated 8.3% rise.</p><p>The gains built on a rally that was kicked off late last week by a cooler-than-expected report on consumer prices.</p><p>&#34;The market has been driven by the inflation number that came out a little bit lower than expected and confirmed last week&#39;s number to some degree that we may have rounded the corner on inflation,&#34; said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia.</p><p>The market was &#34;a little bit more volatile this afternoon as news stories came out about the Russian missile landing in Poland,&#34; Tuz said.</p><p>The Dow Jones Industrial Average rose 56.22 points, or 0.17%, to 33,592.92, the S&amp;P 500 gained 34.48 points, or 0.87%, to 3,991.73 and the Nasdaq Composite added 162.19 points, or 1.45%, to 11,358.41.</p><p>Two people were killed in an explosion in Przewodow, a village in eastern Poland near the border with Ukraine, firefighters said as NATO allies investigated reports that the blast resulted from Russian missiles.</p><p>The Associated Press earlier cited a senior U.S. intelligence official as saying the blast was due to Russian missiles crossing into Poland. But the Pentagon said it could not confirm that account.</p><p>Stocks pulled back around mid-day after the report, with the Dow turning negative, before they steadied.</p><p>&#34;The decline was triggered by reports of a Russian missile landing in Poland,&#34; said Steve Sosnick, chief strategist at Interactive Brokers. &#34;This could develop into something far worse, but right now markets are nervous, not panicked.&#34;</p><p>Shares of Walmart Inc jumped 6.5% after the top U.S. retailer lifted its annual sales and profit forecasts, benefiting from a steady demand for groceries despite higher prices.</p><p>Shares of other retailers, including Target Corp and Costco, also rose following Walmart&#39;s report. Target, which is due to report on Wednesday, rose 3.9%, while Costco gained 3.3%.</p><p>Home Depot shares rose 1.6% after the home improvement chain&#39;s results showed it tapped higher prices to override a drop in customer transactions for the third quarter.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 3.25-to-1 ratio; on Nasdaq, a 2.01-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 5 new 52-week highs and no new lows; the Nasdaq Composite recorded 85 new highs and 76 new lows.</p><p>About 13.1 billion shares changed hands in U.S. exchanges, compared with the 12.2 billion daily average over the last 20 sessions.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2283433332","content_text":"(Reuters) - Wall Street's main indexes gained on Tuesday, shaking off an unconfirmed report of Russian missiles crossing into Poland that sparked volatility, as investors seized on softer-than-expected inflation data that raised hopes of a pullback in rate hikes by the U.S. Federal Reserve.Equities were boosted by Tuesday's inflation report that showed producer prices rising 8% in the 12 months through October against an estimated 8.3% rise.The gains built on a rally that was kicked off late last week by a cooler-than-expected report on consumer prices.\"The market has been driven by the inflation number that came out a little bit lower than expected and confirmed last week's number to some degree that we may have rounded the corner on inflation,\" said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia.The market was \"a little bit more volatile this afternoon as news stories came out about the Russian missile landing in Poland,\" Tuz said.The Dow Jones Industrial Average rose 56.22 points, or 0.17%, to 33,592.92, the S&P 500 gained 34.48 points, or 0.87%, to 3,991.73 and the Nasdaq Composite added 162.19 points, or 1.45%, to 11,358.41.Two people were killed in an explosion in Przewodow, a village in eastern Poland near the border with Ukraine, firefighters said as NATO allies investigated reports that the blast resulted from Russian missiles.The Associated Press earlier cited a senior U.S. intelligence official as saying the blast was due to Russian missiles crossing into Poland. But the Pentagon said it could not confirm that account.Stocks pulled back around mid-day after the report, with the Dow turning negative, before they steadied.\"The decline was triggered by reports of a Russian missile landing in Poland,\" said Steve Sosnick, chief strategist at Interactive Brokers. \"This could develop into something far worse, but right now markets are nervous, not panicked.\"Shares of Walmart Inc jumped 6.5% after the top U.S. retailer lifted its annual sales and profit forecasts, benefiting from a steady demand for groceries despite higher prices.Shares of other retailers, including Target Corp and Costco, also rose following Walmart's report. Target, which is due to report on Wednesday, rose 3.9%, while Costco gained 3.3%.Home Depot shares rose 1.6% after the home improvement chain's results showed it tapped higher prices to override a drop in customer transactions for the third quarter.Advancing issues outnumbered declining ones on the NYSE by a 3.25-to-1 ratio; on Nasdaq, a 2.01-to-1 ratio favored advancers.The S&P 500 posted 5 new 52-week highs and no new lows; the Nasdaq Composite recorded 85 new highs and 76 new lows.About 13.1 billion shares changed hands in U.S. exchanges, compared with the 12.2 billion daily average over the last 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":453,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983506375,"gmtCreate":1666266723197,"gmtModify":1676537732739,"author":{"id":"3574475267062452","authorId":"3574475267062452","name":"RLHuat","avatar":"https://static.tigerbbs.com/081df75e9ab081b3620166fb61e75cad","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574475267062452","authorIdStr":"3574475267062452"},"themes":[],"htmlText":"That could be the case.&nbsp;","listText":"That could be the case.&nbsp;","text":"That could be the case.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9983506375","repostId":"1111819580","repostType":2,"repost":{"id":"1111819580","pubTimestamp":1666254743,"share":"https://ttm.financial/m/news/1111819580?lang=&edition=fundamental","pubTime":"2022-10-20 16:32","market":"us","language":"en","title":"Alibaba: It Could Get Worse","url":"https://stock-news.laohu8.com/highlight/detail?id=1111819580","media":"Seeking Alpha","summary":"SummaryShort interest in Alibaba spiked by over 7% sequentially and it's up nearly 50% since April.A","content":"<html><head></head><body><h2>Summary</h2><ul><li>Short interest in Alibaba spiked by over 7% sequentially and it&#39;s up nearly 50% since April.</li><li>Alibaba&#39;s prospects appear to be deteriorating almost every other week which is probably why it&#39;s quickly becoming popular in shorting circles.</li><li>The stock seems set to fall further and investors may want to avoid trying to catch falling knives.</li></ul><p><img src=\"https://static.tigerbbs.com/99fd8bfbb6e746ad97e8ae396d55f7fb\" tg-width=\"750\" tg-height=\"500\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Alibaba’s (NYSE:BABA) shares are down 35% year to date but the downturn may not be over yet. Latest data reveals that short interest in the stock has spiked 7% in the last reporting cycle. This rapid short build up suggeststhat market participants might perceive the stock to be overvalued at current levels and likely anticipate it to fall further in the coming days and weeks. This should encourage Alibaba investors to reassess their investment thesis and avoid trying to catch falling knives. Let’s take a closer look at it all.</p><h2><b>Elevated Shorting Activity</b></h2><p>Let me start by saying that short interest is basically the total number of short positions that are open and are yet to be covered at the end of each bi-monthly reporting cycle. A sharp rise in the metric indicates that market participants are actively placing short bets against a given stock with the anticipation that it would quickly decline in value in the foreseeable future. Conversely, a sharp decline in the metric indicates that short-side traders are closing their short positions as they perceive the stock to be fairly-valued, with limited downside potential. So, the short interest metric is a handy tool to gauge the Street’s ever-evolving sentiment pertaining to any given stock.</p><p>As far as Alibaba is concerned, its short interest amounted to 59 million at the end of the latest reporting cycle ending September 30. This figure is up 7.2% sequentially and up 47% over the past 5 months alone, indicating that market participants have gradually stacked their short-side bets against the company in recent months.</p><p>This short interest build up is rather counterintuitive as the stock has been dropping continuously and it should have, in theory at least, encouraged short-side market participants to close their shorts and book profits. But the fact that short interest in Alibaba continues to rise, in spite of its dropping stock price, suggests that market participants perceive the stock to be overvalued at current levels and are betting on the stock to fall further going forward.</p><p><img src=\"https://static.tigerbbs.com/bf2f95098c8f6d45998f55472f8d16d6\" tg-width=\"640\" tg-height=\"426\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>BusinessQuant.com</p><p>Next, I wanted to compare Alibaba with other US-listed e-commerce stocks to have a better understanding of shorting activity in the said industry. If the market is betting against the vast majority of such stocks, then Alibaba wouldn’t come across as the odd one out. But that’s not quite the case here. As it turns out, short interest in Alibaba rose much faster than a broad swath of 30 other US-listed stocks that are engaged in e-commerce businesses. This confirms that market participants are more or less neutral on the industry but specifically bearish on Alibaba.</p><p><img src=\"https://static.tigerbbs.com/6019ac925a96524d96e2dc53d1823155\" tg-width=\"382\" tg-height=\"650\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>BusinessQuant.com</p><p>This raises an important question now – why are market participants actively shorting Alibaba even though its shares have crashed significantly and are seemingly undervalued?</p><h2><b>Reasons Fueling Pessimism</b></h2><p>First of all, I’d like to clear the misconception that Alibaba is undervalued after its recent correction. It may seem undervalued on a standalone basis but that’s not really the case when we look at industry comparables. The chart below should put things in perspective.</p><p><img src=\"https://static.tigerbbs.com/a02a8cdb767bb27a98904344d984815f\" tg-width=\"640\" tg-height=\"358\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>BusinessQiant.com</p><p>The Y-axis plots the enterprise value-to-free cash flow (or EV/FCF) values for over 30 stocks that are classified in the e-commerce/internet retail industry. Note how Alibaba is vertically positioned much higher than a broad swath of its mentioned peers, indicating that the stock is trading at a relative premium.</p><p>Now, let’s shift attention to the X-axis, which plots the free cash flow growth for the same set of companies. Note how Alibaba is horizontally positioned more or less in the middle, indicating that its free cash flow growth is in-line with the industry averages.</p><p>The collective takeaway from both the axes here is that Alibaba is a mediocre performer in terms of free cash flow growth but its shares are trading at a premium nonetheless. There are in fact 4 other stocks in the e-commerce industry that are growing free cash flows at a rate faster than Alibaba, but their shares still trading at a lower EV/FCF multiple.</p><p>It’s not like the business prospects are improving or signaling impending growth for Alibaba, either. Much like the US, analysts and rating agencies have been slashing GDP growth forecasts for China almost every other week. This deteriorating macroeconomic environment is bound to limit personal disposable income and hinder consumer spending across major economies, which will inevitably weigh down on Alibaba’s business. We’re already seeing analysts slashing their revenue estimates for the company and I contend that more cuts shall follow in the coming 2 to 3 months at the very least.</p><p><img src=\"https://static.tigerbbs.com/e9940fbe16823a8aecadd41f1e3818a9\" tg-width=\"635\" tg-height=\"435\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data byYCharts</p><p>What exacerbates the problem is that we don’t know how far along will revenue expectations drop for Alibaba. Maybe 2 months down the line, we’d have slashed our revenue estimates for Alibaba by $10 billion or maybe it&#39;ll be $30 billion, we just don’t know. This heightened uncertainty amidst growing recessionary fears, makes it difficult for anyone to call a bottom for an e-commerce company such as Alibaba. So, this is another major reason why we think we’re seeing short interest spike in the company’s shares of late.</p><p><img src=\"https://static.tigerbbs.com/5c95dde41ca2ea45ca9c28867d815701\" tg-width=\"640\" tg-height=\"565\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>BusinessQuant.com</p><p>There’s another variable at play here. US auditors flew to Hong Kong a few weeks ago to conduct audit inspections on US-listed Chinese companies such as Alibaba. These inspections are likely to last from 8-12 weeks and will reveal if Alibaba is audited in accordance with the US GAAP or if there are irregularities in its reporting. If it’s the latter, then it’ll fuel further fear, uncertainty and doubt about the legitimacy of Alibaba’s growth prospects, and fuel speculation about the quantum of penalty that might be imposed by US regulators. This essentially means the moment of truth is fast approaching for US-listed Chinese companies such as Alibaba.</p><h2><b>Final Thoughts</b></h2><p>The takeaway here is that Alibaba’s shares are trading at a premium relative to its peers, despite heightened macroeconomic and regulatory uncertainty surrounding the name. This is likely why short interest in the name has been surging and will continue to do so in the coming weeks as well. So, I believe that investors may want to avoid the stock for the time being, as it looks set to fall further from the current levels. Good Luck!</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: It Could Get Worse</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\">\nAlibaba: It Could Get Worse\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-20 16:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4547525-alibaba-stock-it-could-get-worse><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryShort interest in Alibaba spiked by over 7% sequentially and it's up nearly 50% since April.Alibaba's prospects appear to be deteriorating almost every other week which is probably why it's ...</p>\n\n<a href=\"https://seekingalpha.com/article/4547525-alibaba-stock-it-could-get-worse\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4547525-alibaba-stock-it-could-get-worse","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111819580","content_text":"SummaryShort interest in Alibaba spiked by over 7% sequentially and it's up nearly 50% since April.Alibaba's prospects appear to be deteriorating almost every other week which is probably why it's quickly becoming popular in shorting circles.The stock seems set to fall further and investors may want to avoid trying to catch falling knives.Alibaba’s (NYSE:BABA) shares are down 35% year to date but the downturn may not be over yet. Latest data reveals that short interest in the stock has spiked 7% in the last reporting cycle. This rapid short build up suggeststhat market participants might perceive the stock to be overvalued at current levels and likely anticipate it to fall further in the coming days and weeks. This should encourage Alibaba investors to reassess their investment thesis and avoid trying to catch falling knives. Let’s take a closer look at it all.Elevated Shorting ActivityLet me start by saying that short interest is basically the total number of short positions that are open and are yet to be covered at the end of each bi-monthly reporting cycle. A sharp rise in the metric indicates that market participants are actively placing short bets against a given stock with the anticipation that it would quickly decline in value in the foreseeable future. Conversely, a sharp decline in the metric indicates that short-side traders are closing their short positions as they perceive the stock to be fairly-valued, with limited downside potential. So, the short interest metric is a handy tool to gauge the Street’s ever-evolving sentiment pertaining to any given stock.As far as Alibaba is concerned, its short interest amounted to 59 million at the end of the latest reporting cycle ending September 30. This figure is up 7.2% sequentially and up 47% over the past 5 months alone, indicating that market participants have gradually stacked their short-side bets against the company in recent months.This short interest build up is rather counterintuitive as the stock has been dropping continuously and it should have, in theory at least, encouraged short-side market participants to close their shorts and book profits. But the fact that short interest in Alibaba continues to rise, in spite of its dropping stock price, suggests that market participants perceive the stock to be overvalued at current levels and are betting on the stock to fall further going forward.BusinessQuant.comNext, I wanted to compare Alibaba with other US-listed e-commerce stocks to have a better understanding of shorting activity in the said industry. If the market is betting against the vast majority of such stocks, then Alibaba wouldn’t come across as the odd one out. But that’s not quite the case here. As it turns out, short interest in Alibaba rose much faster than a broad swath of 30 other US-listed stocks that are engaged in e-commerce businesses. This confirms that market participants are more or less neutral on the industry but specifically bearish on Alibaba.BusinessQuant.comThis raises an important question now – why are market participants actively shorting Alibaba even though its shares have crashed significantly and are seemingly undervalued?Reasons Fueling PessimismFirst of all, I’d like to clear the misconception that Alibaba is undervalued after its recent correction. It may seem undervalued on a standalone basis but that’s not really the case when we look at industry comparables. The chart below should put things in perspective.BusinessQiant.comThe Y-axis plots the enterprise value-to-free cash flow (or EV/FCF) values for over 30 stocks that are classified in the e-commerce/internet retail industry. Note how Alibaba is vertically positioned much higher than a broad swath of its mentioned peers, indicating that the stock is trading at a relative premium.Now, let’s shift attention to the X-axis, which plots the free cash flow growth for the same set of companies. Note how Alibaba is horizontally positioned more or less in the middle, indicating that its free cash flow growth is in-line with the industry averages.The collective takeaway from both the axes here is that Alibaba is a mediocre performer in terms of free cash flow growth but its shares are trading at a premium nonetheless. There are in fact 4 other stocks in the e-commerce industry that are growing free cash flows at a rate faster than Alibaba, but their shares still trading at a lower EV/FCF multiple.It’s not like the business prospects are improving or signaling impending growth for Alibaba, either. Much like the US, analysts and rating agencies have been slashing GDP growth forecasts for China almost every other week. This deteriorating macroeconomic environment is bound to limit personal disposable income and hinder consumer spending across major economies, which will inevitably weigh down on Alibaba’s business. We’re already seeing analysts slashing their revenue estimates for the company and I contend that more cuts shall follow in the coming 2 to 3 months at the very least.Data byYChartsWhat exacerbates the problem is that we don’t know how far along will revenue expectations drop for Alibaba. Maybe 2 months down the line, we’d have slashed our revenue estimates for Alibaba by $10 billion or maybe it'll be $30 billion, we just don’t know. This heightened uncertainty amidst growing recessionary fears, makes it difficult for anyone to call a bottom for an e-commerce company such as Alibaba. So, this is another major reason why we think we’re seeing short interest spike in the company’s shares of late.BusinessQuant.comThere’s another variable at play here. US auditors flew to Hong Kong a few weeks ago to conduct audit inspections on US-listed Chinese companies such as Alibaba. These inspections are likely to last from 8-12 weeks and will reveal if Alibaba is audited in accordance with the US GAAP or if there are irregularities in its reporting. If it’s the latter, then it’ll fuel further fear, uncertainty and doubt about the legitimacy of Alibaba’s growth prospects, and fuel speculation about the quantum of penalty that might be imposed by US regulators. This essentially means the moment of truth is fast approaching for US-listed Chinese companies such as Alibaba.Final ThoughtsThe takeaway here is that Alibaba’s shares are trading at a premium relative to its peers, despite heightened macroeconomic and regulatory uncertainty surrounding the name. This is likely why short interest in the name has been surging and will continue to do so in the coming weeks as well. So, I believe that investors may want to avoid the stock for the time being, as it looks set to fall further from the current levels. Good Luck!","news_type":1},"isVote":1,"tweetType":1,"viewCount":473,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9915590238,"gmtCreate":1665064439724,"gmtModify":1676537551447,"author":{"id":"3574475267062452","authorId":"3574475267062452","name":"RLHuat","avatar":"https://static.tigerbbs.com/081df75e9ab081b3620166fb61e75cad","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574475267062452","authorIdStr":"3574475267062452"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SPCE\">$Virgin Galactic(SPCE)$</a>","listText":"<a href=\"https://ttm.financial/S/SPCE\">$Virgin Galactic(SPCE)$</a>","text":"$Virgin Galactic(SPCE)$","images":[{"img":"https://community-static.tradeup.com/news/2bac4faccf4cbf1a6436bf2aea19b18f","width":"1080","height":"1996"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9915590238","isVote":1,"tweetType":1,"viewCount":549,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9918089327,"gmtCreate":1664284976670,"gmtModify":1676537425248,"author":{"id":"3574475267062452","authorId":"3574475267062452","name":"RLHuat","avatar":"https://static.tigerbbs.com/081df75e9ab081b3620166fb61e75cad","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574475267062452","authorIdStr":"3574475267062452"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>vomit blood&nbsp;","listText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>vomit blood&nbsp;","text":"$Alibaba(BABA)$vomit blood","images":[{"img":"https://community-static.tradeup.com/news/1b8931ecd65ed9c9b9df727afc80ebdf","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9918089327","isVote":1,"tweetType":1,"viewCount":304,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9918080521,"gmtCreate":1664284928463,"gmtModify":1676537425215,"author":{"id":"3574475267062452","authorId":"3574475267062452","name":"RLHuat","avatar":"https://static.tigerbbs.com/081df75e9ab081b3620166fb61e75cad","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574475267062452","authorIdStr":"3574475267062452"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$</a>rubber hand now&nbsp;","listText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$</a>rubber hand now&nbsp;","text":"$NIO Inc.(NIO)$rubber hand now","images":[{"img":"https://community-static.tradeup.com/news/0b48da015382b155638535c336a0c242","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9918080521","isVote":1,"tweetType":1,"viewCount":385,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9992419826,"gmtCreate":1661352571768,"gmtModify":1676536501892,"author":{"id":"3574475267062452","authorId":"3574475267062452","name":"RLHuat","avatar":"https://static.tigerbbs.com/081df75e9ab081b3620166fb61e75cad","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574475267062452","authorIdStr":"3574475267062452"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$</a>[Sad]&nbsp;[Facepalm]&nbsp;","listText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$</a>[Sad]&nbsp;[Facepalm]&nbsp;","text":"$NIO Inc.(NIO)$[Sad] [Facepalm]","images":[{"img":"https://community-static.tradeup.com/news/f91e464f1e4f9ff3ad19dd804d6bfeef","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992419826","isVote":1,"tweetType":1,"viewCount":335,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9991417381,"gmtCreate":1660870198745,"gmtModify":1676536414598,"author":{"id":"3574475267062452","authorId":"3574475267062452","name":"RLHuat","avatar":"https://static.tigerbbs.com/081df75e9ab081b3620166fb61e75cad","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574475267062452","authorIdStr":"3574475267062452"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9991417381","repostId":"2260357839","repostType":2,"repost":{"id":"2260357839","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1660866281,"share":"https://ttm.financial/m/news/2260357839?lang=&edition=fundamental","pubTime":"2022-08-19 07:44","market":"us","language":"en","title":"Fed's Bullard Leans Toward Favoring 0.75-Percentage-Point September Rate Rise","url":"https://stock-news.laohu8.com/highlight/detail?id=2260357839","media":"Dow Jones","summary":"Federal Reserve Bank of St. Louis President James Bullard said Thursday he is considering support fo","content":"<html><head></head><body><p>Federal Reserve Bank of St. Louis President James Bullard said Thursday he is considering support for another large rate rise at the central bank&#39;s policy meeting next month and added he isn&#39;t ready to say the economy has seen the worst of the inflation surge.</p><p>&#34;We should continue to move expeditiously to a level of the policy rate that will put significant downward pressure on inflation&#34; and &#34;I don&#39;t really see why you want to drag out interest rate increases into next year,&#34; Mr. Bullard said in a Wall Street Journal interview.</p><p>When it comes to the Fed&#39;s next move on interest rates, Mr. Bullard said of next month&#39;s Federal Open Market Committee meeting that &#34;I would lean toward the 75 basis points at this point. Again, I think we&#39;ve got relatively good reads on the economy, and we&#39;ve got very high inflation, so I think it would make sense to continue to get the policy rate higher and into restrictive territory.&#34;</p><p>Mr. Bullard is a voting member of the FOMC this year. Since March, the Fed has embarked on an increasingly aggressive path of rate rises to lower inflation from levels that are at 40-year highs. After lifting rates from near-zero levels in March, the central bank shifted to 0.75-percentage-point rate increases at its June and July meetings, and now has its overnight target rate in a range of 2.25% to 2.5%.</p><p>The FOMC next meets Sept. 20-21. Recent data hinting at a possible waning in inflation pressures, as well as comments by some central bankers, have generated a debate among market participants as to whether the central bank can slow the pace of rate rise into the end of the year.</p><p>Mr. Bullard said he isn&#39;t ready to say inflation has peaked and it remains important for the Fed to get its target rate to a range of 3.75% to 4% by year-end, before the central bank can consider what it will need to do next year. He also said that he sees about an 18-month process of getting price pressures back to the Fed&#39;s 2% target, and predicted that path will likely be uneven, while adding, &#34;We&#39;ve got a long way to go to get inflation under control.&#34;</p><p>&#34;The idea that inflation has peaked is, is a hope, but it&#39;s not statistically really in the data at this point,&#34; Mr. Bullard said. &#34;I&#39;m hopeful&#34; the worst of the inflation surge has passed, he said, though he added he expects high inflation &#34;to prove more persistent than what many parts of Wall Street think.&#34;</p><p>What&#39;s more, Mr. Bullard said he believes growth in the second half will be stronger than the apparent weakness seen over the first six months of the year, and he believes the job market will stay robust as well.</p><p>&#34;There&#39;s just a lot to like about the labor market&#34; and it&#39;s possible unemployment may tick down a touch further from the 3.5% reading seen in the July data, he said. Mr. Bullard said unemployment could even rise and still herald a robust labor sector, because an unemployment rate that has a neutral impact on price pressures is likely in the 4% range.</p><p>Mr. Bullard said that market speculation over rate cuts is &#34;definitely premature&#34; and that fears the economy may fall into a downturn are overblown.</p><p>The veteran central banker played down indications that financial-market conditions have been easing even as the central bank presses forward with rate increases. Tighter monetary policy is supposed to increase restraint in the economy in large part through its impact on asset prices, so an easing there in theory could force the Fed to be even more aggressive with future changes in the federal-funds rate.</p><p>Mr. Bullard said it&#39;s possible stock prices are giving a false impression of the state of asset prices.</p><p>&#34;One thing about financial conditions that I&#39;m steadfast about is, I don&#39;t like financial conditions indexes that put too much weight on equity pricing. Equity prices, you know, can be far from fundamentals for certain stocks,&#34; and company shares aren&#39;t a big driver of how the Fed thinks about future monetary policy choices, he said.</p><p>In a separate appearance Thursday, Minneapolis Fed leader Neel Kashkari said an economic downturn is one risk of the Fed&#39;s current policy path.</p><p>&#34;I don&#39;t think we&#39;re in a recession right now,&#34; he said. &#34;But as we continue to raise rates, as we continue to raise costs, so to speak, of borrowing across the economy, it should be putting, tapping the brakes on the U.S. economy, and that makes it more likely that we would end up in a recession.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed's Bullard Leans Toward Favoring 0.75-Percentage-Point September Rate Rise</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\">\nFed's Bullard Leans Toward Favoring 0.75-Percentage-Point September Rate Rise\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-08-19 07:44</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Federal Reserve Bank of St. Louis President James Bullard said Thursday he is considering support for another large rate rise at the central bank&#39;s policy meeting next month and added he isn&#39;t ready to say the economy has seen the worst of the inflation surge.</p><p>&#34;We should continue to move expeditiously to a level of the policy rate that will put significant downward pressure on inflation&#34; and &#34;I don&#39;t really see why you want to drag out interest rate increases into next year,&#34; Mr. Bullard said in a Wall Street Journal interview.</p><p>When it comes to the Fed&#39;s next move on interest rates, Mr. Bullard said of next month&#39;s Federal Open Market Committee meeting that &#34;I would lean toward the 75 basis points at this point. Again, I think we&#39;ve got relatively good reads on the economy, and we&#39;ve got very high inflation, so I think it would make sense to continue to get the policy rate higher and into restrictive territory.&#34;</p><p>Mr. Bullard is a voting member of the FOMC this year. Since March, the Fed has embarked on an increasingly aggressive path of rate rises to lower inflation from levels that are at 40-year highs. After lifting rates from near-zero levels in March, the central bank shifted to 0.75-percentage-point rate increases at its June and July meetings, and now has its overnight target rate in a range of 2.25% to 2.5%.</p><p>The FOMC next meets Sept. 20-21. Recent data hinting at a possible waning in inflation pressures, as well as comments by some central bankers, have generated a debate among market participants as to whether the central bank can slow the pace of rate rise into the end of the year.</p><p>Mr. Bullard said he isn&#39;t ready to say inflation has peaked and it remains important for the Fed to get its target rate to a range of 3.75% to 4% by year-end, before the central bank can consider what it will need to do next year. He also said that he sees about an 18-month process of getting price pressures back to the Fed&#39;s 2% target, and predicted that path will likely be uneven, while adding, &#34;We&#39;ve got a long way to go to get inflation under control.&#34;</p><p>&#34;The idea that inflation has peaked is, is a hope, but it&#39;s not statistically really in the data at this point,&#34; Mr. Bullard said. &#34;I&#39;m hopeful&#34; the worst of the inflation surge has passed, he said, though he added he expects high inflation &#34;to prove more persistent than what many parts of Wall Street think.&#34;</p><p>What&#39;s more, Mr. Bullard said he believes growth in the second half will be stronger than the apparent weakness seen over the first six months of the year, and he believes the job market will stay robust as well.</p><p>&#34;There&#39;s just a lot to like about the labor market&#34; and it&#39;s possible unemployment may tick down a touch further from the 3.5% reading seen in the July data, he said. Mr. Bullard said unemployment could even rise and still herald a robust labor sector, because an unemployment rate that has a neutral impact on price pressures is likely in the 4% range.</p><p>Mr. Bullard said that market speculation over rate cuts is &#34;definitely premature&#34; and that fears the economy may fall into a downturn are overblown.</p><p>The veteran central banker played down indications that financial-market conditions have been easing even as the central bank presses forward with rate increases. Tighter monetary policy is supposed to increase restraint in the economy in large part through its impact on asset prices, so an easing there in theory could force the Fed to be even more aggressive with future changes in the federal-funds rate.</p><p>Mr. Bullard said it&#39;s possible stock prices are giving a false impression of the state of asset prices.</p><p>&#34;One thing about financial conditions that I&#39;m steadfast about is, I don&#39;t like financial conditions indexes that put too much weight on equity pricing. Equity prices, you know, can be far from fundamentals for certain stocks,&#34; and company shares aren&#39;t a big driver of how the Fed thinks about future monetary policy choices, he said.</p><p>In a separate appearance Thursday, Minneapolis Fed leader Neel Kashkari said an economic downturn is one risk of the Fed&#39;s current policy path.</p><p>&#34;I don&#39;t think we&#39;re in a recession right now,&#34; he said. &#34;But as we continue to raise rates, as we continue to raise costs, so to speak, of borrowing across the economy, it should be putting, tapping the brakes on the U.S. economy, and that makes it more likely that we would end up in a recession.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2260357839","content_text":"Federal Reserve Bank of St. Louis President James Bullard said Thursday he is considering support for another large rate rise at the central bank's policy meeting next month and added he isn't ready to say the economy has seen the worst of the inflation surge.\"We should continue to move expeditiously to a level of the policy rate that will put significant downward pressure on inflation\" and \"I don't really see why you want to drag out interest rate increases into next year,\" Mr. Bullard said in a Wall Street Journal interview.When it comes to the Fed's next move on interest rates, Mr. Bullard said of next month's Federal Open Market Committee meeting that \"I would lean toward the 75 basis points at this point. Again, I think we've got relatively good reads on the economy, and we've got very high inflation, so I think it would make sense to continue to get the policy rate higher and into restrictive territory.\"Mr. Bullard is a voting member of the FOMC this year. Since March, the Fed has embarked on an increasingly aggressive path of rate rises to lower inflation from levels that are at 40-year highs. After lifting rates from near-zero levels in March, the central bank shifted to 0.75-percentage-point rate increases at its June and July meetings, and now has its overnight target rate in a range of 2.25% to 2.5%.The FOMC next meets Sept. 20-21. Recent data hinting at a possible waning in inflation pressures, as well as comments by some central bankers, have generated a debate among market participants as to whether the central bank can slow the pace of rate rise into the end of the year.Mr. Bullard said he isn't ready to say inflation has peaked and it remains important for the Fed to get its target rate to a range of 3.75% to 4% by year-end, before the central bank can consider what it will need to do next year. He also said that he sees about an 18-month process of getting price pressures back to the Fed's 2% target, and predicted that path will likely be uneven, while adding, \"We've got a long way to go to get inflation under control.\"\"The idea that inflation has peaked is, is a hope, but it's not statistically really in the data at this point,\" Mr. Bullard said. \"I'm hopeful\" the worst of the inflation surge has passed, he said, though he added he expects high inflation \"to prove more persistent than what many parts of Wall Street think.\"What's more, Mr. Bullard said he believes growth in the second half will be stronger than the apparent weakness seen over the first six months of the year, and he believes the job market will stay robust as well.\"There's just a lot to like about the labor market\" and it's possible unemployment may tick down a touch further from the 3.5% reading seen in the July data, he said. Mr. Bullard said unemployment could even rise and still herald a robust labor sector, because an unemployment rate that has a neutral impact on price pressures is likely in the 4% range.Mr. Bullard said that market speculation over rate cuts is \"definitely premature\" and that fears the economy may fall into a downturn are overblown.The veteran central banker played down indications that financial-market conditions have been easing even as the central bank presses forward with rate increases. Tighter monetary policy is supposed to increase restraint in the economy in large part through its impact on asset prices, so an easing there in theory could force the Fed to be even more aggressive with future changes in the federal-funds rate.Mr. Bullard said it's possible stock prices are giving a false impression of the state of asset prices.\"One thing about financial conditions that I'm steadfast about is, I don't like financial conditions indexes that put too much weight on equity pricing. Equity prices, you know, can be far from fundamentals for certain stocks,\" and company shares aren't a big driver of how the Fed thinks about future monetary policy choices, he said.In a separate appearance Thursday, Minneapolis Fed leader Neel Kashkari said an economic downturn is one risk of the Fed's current policy path.\"I don't think we're in a recession right now,\" he said. \"But as we continue to raise rates, as we continue to raise costs, so to speak, of borrowing across the economy, it should be putting, tapping the brakes on the U.S. economy, and that makes it more likely that we would end up in a recession.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":702,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9909741765,"gmtCreate":1658932152758,"gmtModify":1676536230636,"author":{"id":"3574475267062452","authorId":"3574475267062452","name":"RLHuat","avatar":"https://static.tigerbbs.com/081df75e9ab081b3620166fb61e75cad","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574475267062452","authorIdStr":"3574475267062452"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/IPI\">$Intrepid Potash(IPI)$</a>a counter worth to consider with current economic climate&nbsp;","listText":"<a href=\"https://ttm.financial/S/IPI\">$Intrepid Potash(IPI)$</a>a counter worth to consider with current economic climate&nbsp;","text":"$Intrepid Potash(IPI)$a counter worth to consider with current economic climate","images":[{"img":"https://community-static.tradeup.com/news/cf7ae39f9717780fe243933a1fdf8128","width":"1080","height":"2892"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9909741765","isVote":1,"tweetType":1,"viewCount":518,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9909743170,"gmtCreate":1658931995090,"gmtModify":1676536230604,"author":{"id":"3574475267062452","authorId":"3574475267062452","name":"RLHuat","avatar":"https://static.tigerbbs.com/081df75e9ab081b3620166fb61e75cad","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574475267062452","authorIdStr":"3574475267062452"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$</a>vomit blood&nbsp;","listText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$</a>vomit blood&nbsp;","text":"$NIO Inc.(NIO)$vomit blood","images":[{"img":"https://community-static.tradeup.com/news/8510251ba845cb166fa5fda19e6f897b","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9909743170","isVote":1,"tweetType":1,"viewCount":403,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9072910723,"gmtCreate":1657937829062,"gmtModify":1676536084968,"author":{"id":"3574475267062452","authorId":"3574475267062452","name":"RLHuat","avatar":"https://static.tigerbbs.com/081df75e9ab081b3620166fb61e75cad","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574475267062452","authorIdStr":"3574475267062452"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$</a>wah... Sinking boat&nbsp;","listText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$</a>wah... Sinking boat&nbsp;","text":"$NIO Inc.(NIO)$wah... Sinking boat","images":[{"img":"https://community-static.tradeup.com/news/48f6fec489ab2bd55a04515cd73e0deb","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9072910723","isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9072935750,"gmtCreate":1657937598470,"gmtModify":1676536084905,"author":{"id":"3574475267062452","authorId":"3574475267062452","name":"RLHuat","avatar":"https://static.tigerbbs.com/081df75e9ab081b3620166fb61e75cad","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574475267062452","authorIdStr":"3574475267062452"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/U11.SI\">$UNITED OVERSEAS BANK LIMITED(U11.SI)$</a>value buy&nbsp;","listText":"<a href=\"https://ttm.financial/S/U11.SI\">$UNITED OVERSEAS BANK LIMITED(U11.SI)$</a>value buy&nbsp;","text":"$UNITED OVERSEAS BANK LIMITED(U11.SI)$value buy","images":[{"img":"https://community-static.tradeup.com/news/709403a501d8ce312b36a893bca6873e","width":"1080","height":"1999"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9072935750","isVote":1,"tweetType":1,"viewCount":218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":9963089772,"gmtCreate":1668554617896,"gmtModify":1676538073842,"author":{"id":"3574475267062452","authorId":"3574475267062452","name":"RLHuat","avatar":"https://static.tigerbbs.com/081df75e9ab081b3620166fb61e75cad","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574475267062452","authorIdStr":"3574475267062452"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9963089772","repostId":"2283433332","repostType":2,"repost":{"id":"2283433332","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1668548417,"share":"https://ttm.financial/m/news/2283433332?lang=&edition=fundamental","pubTime":"2022-11-16 05:40","market":"us","language":"en","title":"US STOCKS-Wall Street Gains on Inflation Data, but Rocky on Geopolitics","url":"https://stock-news.laohu8.com/highlight/detail?id=2283433332","media":"Reuters","summary":"(Reuters) - Wall Street's main indexes gained on Tuesday, shaking off an unconfirmed report of Russi","content":"<html><head></head><body><p>(Reuters) - Wall Street&#39;s main indexes gained on Tuesday, shaking off an unconfirmed report of Russian missiles crossing into Poland that sparked volatility, as investors seized on softer-than-expected inflation data that raised hopes of a pullback in rate hikes by the U.S. Federal Reserve.</p><p>Equities were boosted by Tuesday&#39;s inflation report that showed producer prices rising 8% in the 12 months through October against an estimated 8.3% rise.</p><p>The gains built on a rally that was kicked off late last week by a cooler-than-expected report on consumer prices.</p><p>&#34;The market has been driven by the inflation number that came out a little bit lower than expected and confirmed last week&#39;s number to some degree that we may have rounded the corner on inflation,&#34; said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia.</p><p>The market was &#34;a little bit more volatile this afternoon as news stories came out about the Russian missile landing in Poland,&#34; Tuz said.</p><p>The Dow Jones Industrial Average rose 56.22 points, or 0.17%, to 33,592.92, the S&amp;P 500 gained 34.48 points, or 0.87%, to 3,991.73 and the Nasdaq Composite added 162.19 points, or 1.45%, to 11,358.41.</p><p>Two people were killed in an explosion in Przewodow, a village in eastern Poland near the border with Ukraine, firefighters said as NATO allies investigated reports that the blast resulted from Russian missiles.</p><p>The Associated Press earlier cited a senior U.S. intelligence official as saying the blast was due to Russian missiles crossing into Poland. But the Pentagon said it could not confirm that account.</p><p>Stocks pulled back around mid-day after the report, with the Dow turning negative, before they steadied.</p><p>&#34;The decline was triggered by reports of a Russian missile landing in Poland,&#34; said Steve Sosnick, chief strategist at Interactive Brokers. &#34;This could develop into something far worse, but right now markets are nervous, not panicked.&#34;</p><p>Shares of Walmart Inc jumped 6.5% after the top U.S. retailer lifted its annual sales and profit forecasts, benefiting from a steady demand for groceries despite higher prices.</p><p>Shares of other retailers, including Target Corp and Costco, also rose following Walmart&#39;s report. Target, which is due to report on Wednesday, rose 3.9%, while Costco gained 3.3%.</p><p>Home Depot shares rose 1.6% after the home improvement chain&#39;s results showed it tapped higher prices to override a drop in customer transactions for the third quarter.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 3.25-to-1 ratio; on Nasdaq, a 2.01-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 5 new 52-week highs and no new lows; the Nasdaq Composite recorded 85 new highs and 76 new lows.</p><p>About 13.1 billion shares changed hands in U.S. exchanges, compared with the 12.2 billion daily average over the last 20 sessions.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Gains on Inflation Data, but Rocky on Geopolitics</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\">\nUS STOCKS-Wall Street Gains on Inflation Data, but Rocky on Geopolitics\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-11-16 05:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Wall Street&#39;s main indexes gained on Tuesday, shaking off an unconfirmed report of Russian missiles crossing into Poland that sparked volatility, as investors seized on softer-than-expected inflation data that raised hopes of a pullback in rate hikes by the U.S. Federal Reserve.</p><p>Equities were boosted by Tuesday&#39;s inflation report that showed producer prices rising 8% in the 12 months through October against an estimated 8.3% rise.</p><p>The gains built on a rally that was kicked off late last week by a cooler-than-expected report on consumer prices.</p><p>&#34;The market has been driven by the inflation number that came out a little bit lower than expected and confirmed last week&#39;s number to some degree that we may have rounded the corner on inflation,&#34; said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia.</p><p>The market was &#34;a little bit more volatile this afternoon as news stories came out about the Russian missile landing in Poland,&#34; Tuz said.</p><p>The Dow Jones Industrial Average rose 56.22 points, or 0.17%, to 33,592.92, the S&amp;P 500 gained 34.48 points, or 0.87%, to 3,991.73 and the Nasdaq Composite added 162.19 points, or 1.45%, to 11,358.41.</p><p>Two people were killed in an explosion in Przewodow, a village in eastern Poland near the border with Ukraine, firefighters said as NATO allies investigated reports that the blast resulted from Russian missiles.</p><p>The Associated Press earlier cited a senior U.S. intelligence official as saying the blast was due to Russian missiles crossing into Poland. But the Pentagon said it could not confirm that account.</p><p>Stocks pulled back around mid-day after the report, with the Dow turning negative, before they steadied.</p><p>&#34;The decline was triggered by reports of a Russian missile landing in Poland,&#34; said Steve Sosnick, chief strategist at Interactive Brokers. &#34;This could develop into something far worse, but right now markets are nervous, not panicked.&#34;</p><p>Shares of Walmart Inc jumped 6.5% after the top U.S. retailer lifted its annual sales and profit forecasts, benefiting from a steady demand for groceries despite higher prices.</p><p>Shares of other retailers, including Target Corp and Costco, also rose following Walmart&#39;s report. Target, which is due to report on Wednesday, rose 3.9%, while Costco gained 3.3%.</p><p>Home Depot shares rose 1.6% after the home improvement chain&#39;s results showed it tapped higher prices to override a drop in customer transactions for the third quarter.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 3.25-to-1 ratio; on Nasdaq, a 2.01-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 5 new 52-week highs and no new lows; the Nasdaq Composite recorded 85 new highs and 76 new lows.</p><p>About 13.1 billion shares changed hands in U.S. exchanges, compared with the 12.2 billion daily average over the last 20 sessions.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2283433332","content_text":"(Reuters) - Wall Street's main indexes gained on Tuesday, shaking off an unconfirmed report of Russian missiles crossing into Poland that sparked volatility, as investors seized on softer-than-expected inflation data that raised hopes of a pullback in rate hikes by the U.S. Federal Reserve.Equities were boosted by Tuesday's inflation report that showed producer prices rising 8% in the 12 months through October against an estimated 8.3% rise.The gains built on a rally that was kicked off late last week by a cooler-than-expected report on consumer prices.\"The market has been driven by the inflation number that came out a little bit lower than expected and confirmed last week's number to some degree that we may have rounded the corner on inflation,\" said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia.The market was \"a little bit more volatile this afternoon as news stories came out about the Russian missile landing in Poland,\" Tuz said.The Dow Jones Industrial Average rose 56.22 points, or 0.17%, to 33,592.92, the S&P 500 gained 34.48 points, or 0.87%, to 3,991.73 and the Nasdaq Composite added 162.19 points, or 1.45%, to 11,358.41.Two people were killed in an explosion in Przewodow, a village in eastern Poland near the border with Ukraine, firefighters said as NATO allies investigated reports that the blast resulted from Russian missiles.The Associated Press earlier cited a senior U.S. intelligence official as saying the blast was due to Russian missiles crossing into Poland. But the Pentagon said it could not confirm that account.Stocks pulled back around mid-day after the report, with the Dow turning negative, before they steadied.\"The decline was triggered by reports of a Russian missile landing in Poland,\" said Steve Sosnick, chief strategist at Interactive Brokers. \"This could develop into something far worse, but right now markets are nervous, not panicked.\"Shares of Walmart Inc jumped 6.5% after the top U.S. retailer lifted its annual sales and profit forecasts, benefiting from a steady demand for groceries despite higher prices.Shares of other retailers, including Target Corp and Costco, also rose following Walmart's report. Target, which is due to report on Wednesday, rose 3.9%, while Costco gained 3.3%.Home Depot shares rose 1.6% after the home improvement chain's results showed it tapped higher prices to override a drop in customer transactions for the third quarter.Advancing issues outnumbered declining ones on the NYSE by a 3.25-to-1 ratio; on Nasdaq, a 2.01-to-1 ratio favored advancers.The S&P 500 posted 5 new 52-week highs and no new lows; the Nasdaq Composite recorded 85 new highs and 76 new lows.About 13.1 billion shares changed hands in U.S. exchanges, compared with the 12.2 billion daily average over the last 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":453,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9991417381,"gmtCreate":1660870198745,"gmtModify":1676536414598,"author":{"id":"3574475267062452","authorId":"3574475267062452","name":"RLHuat","avatar":"https://static.tigerbbs.com/081df75e9ab081b3620166fb61e75cad","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574475267062452","authorIdStr":"3574475267062452"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9991417381","repostId":"2260357839","repostType":2,"repost":{"id":"2260357839","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1660866281,"share":"https://ttm.financial/m/news/2260357839?lang=&edition=fundamental","pubTime":"2022-08-19 07:44","market":"us","language":"en","title":"Fed's Bullard Leans Toward Favoring 0.75-Percentage-Point September Rate Rise","url":"https://stock-news.laohu8.com/highlight/detail?id=2260357839","media":"Dow Jones","summary":"Federal Reserve Bank of St. Louis President James Bullard said Thursday he is considering support fo","content":"<html><head></head><body><p>Federal Reserve Bank of St. Louis President James Bullard said Thursday he is considering support for another large rate rise at the central bank&#39;s policy meeting next month and added he isn&#39;t ready to say the economy has seen the worst of the inflation surge.</p><p>&#34;We should continue to move expeditiously to a level of the policy rate that will put significant downward pressure on inflation&#34; and &#34;I don&#39;t really see why you want to drag out interest rate increases into next year,&#34; Mr. Bullard said in a Wall Street Journal interview.</p><p>When it comes to the Fed&#39;s next move on interest rates, Mr. Bullard said of next month&#39;s Federal Open Market Committee meeting that &#34;I would lean toward the 75 basis points at this point. Again, I think we&#39;ve got relatively good reads on the economy, and we&#39;ve got very high inflation, so I think it would make sense to continue to get the policy rate higher and into restrictive territory.&#34;</p><p>Mr. Bullard is a voting member of the FOMC this year. Since March, the Fed has embarked on an increasingly aggressive path of rate rises to lower inflation from levels that are at 40-year highs. After lifting rates from near-zero levels in March, the central bank shifted to 0.75-percentage-point rate increases at its June and July meetings, and now has its overnight target rate in a range of 2.25% to 2.5%.</p><p>The FOMC next meets Sept. 20-21. Recent data hinting at a possible waning in inflation pressures, as well as comments by some central bankers, have generated a debate among market participants as to whether the central bank can slow the pace of rate rise into the end of the year.</p><p>Mr. Bullard said he isn&#39;t ready to say inflation has peaked and it remains important for the Fed to get its target rate to a range of 3.75% to 4% by year-end, before the central bank can consider what it will need to do next year. He also said that he sees about an 18-month process of getting price pressures back to the Fed&#39;s 2% target, and predicted that path will likely be uneven, while adding, &#34;We&#39;ve got a long way to go to get inflation under control.&#34;</p><p>&#34;The idea that inflation has peaked is, is a hope, but it&#39;s not statistically really in the data at this point,&#34; Mr. Bullard said. &#34;I&#39;m hopeful&#34; the worst of the inflation surge has passed, he said, though he added he expects high inflation &#34;to prove more persistent than what many parts of Wall Street think.&#34;</p><p>What&#39;s more, Mr. Bullard said he believes growth in the second half will be stronger than the apparent weakness seen over the first six months of the year, and he believes the job market will stay robust as well.</p><p>&#34;There&#39;s just a lot to like about the labor market&#34; and it&#39;s possible unemployment may tick down a touch further from the 3.5% reading seen in the July data, he said. Mr. Bullard said unemployment could even rise and still herald a robust labor sector, because an unemployment rate that has a neutral impact on price pressures is likely in the 4% range.</p><p>Mr. Bullard said that market speculation over rate cuts is &#34;definitely premature&#34; and that fears the economy may fall into a downturn are overblown.</p><p>The veteran central banker played down indications that financial-market conditions have been easing even as the central bank presses forward with rate increases. Tighter monetary policy is supposed to increase restraint in the economy in large part through its impact on asset prices, so an easing there in theory could force the Fed to be even more aggressive with future changes in the federal-funds rate.</p><p>Mr. Bullard said it&#39;s possible stock prices are giving a false impression of the state of asset prices.</p><p>&#34;One thing about financial conditions that I&#39;m steadfast about is, I don&#39;t like financial conditions indexes that put too much weight on equity pricing. Equity prices, you know, can be far from fundamentals for certain stocks,&#34; and company shares aren&#39;t a big driver of how the Fed thinks about future monetary policy choices, he said.</p><p>In a separate appearance Thursday, Minneapolis Fed leader Neel Kashkari said an economic downturn is one risk of the Fed&#39;s current policy path.</p><p>&#34;I don&#39;t think we&#39;re in a recession right now,&#34; he said. &#34;But as we continue to raise rates, as we continue to raise costs, so to speak, of borrowing across the economy, it should be putting, tapping the brakes on the U.S. economy, and that makes it more likely that we would end up in a recession.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed's Bullard Leans Toward Favoring 0.75-Percentage-Point September Rate Rise</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\">\nFed's Bullard Leans Toward Favoring 0.75-Percentage-Point September Rate Rise\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-08-19 07:44</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Federal Reserve Bank of St. Louis President James Bullard said Thursday he is considering support for another large rate rise at the central bank&#39;s policy meeting next month and added he isn&#39;t ready to say the economy has seen the worst of the inflation surge.</p><p>&#34;We should continue to move expeditiously to a level of the policy rate that will put significant downward pressure on inflation&#34; and &#34;I don&#39;t really see why you want to drag out interest rate increases into next year,&#34; Mr. Bullard said in a Wall Street Journal interview.</p><p>When it comes to the Fed&#39;s next move on interest rates, Mr. Bullard said of next month&#39;s Federal Open Market Committee meeting that &#34;I would lean toward the 75 basis points at this point. Again, I think we&#39;ve got relatively good reads on the economy, and we&#39;ve got very high inflation, so I think it would make sense to continue to get the policy rate higher and into restrictive territory.&#34;</p><p>Mr. Bullard is a voting member of the FOMC this year. Since March, the Fed has embarked on an increasingly aggressive path of rate rises to lower inflation from levels that are at 40-year highs. After lifting rates from near-zero levels in March, the central bank shifted to 0.75-percentage-point rate increases at its June and July meetings, and now has its overnight target rate in a range of 2.25% to 2.5%.</p><p>The FOMC next meets Sept. 20-21. Recent data hinting at a possible waning in inflation pressures, as well as comments by some central bankers, have generated a debate among market participants as to whether the central bank can slow the pace of rate rise into the end of the year.</p><p>Mr. Bullard said he isn&#39;t ready to say inflation has peaked and it remains important for the Fed to get its target rate to a range of 3.75% to 4% by year-end, before the central bank can consider what it will need to do next year. He also said that he sees about an 18-month process of getting price pressures back to the Fed&#39;s 2% target, and predicted that path will likely be uneven, while adding, &#34;We&#39;ve got a long way to go to get inflation under control.&#34;</p><p>&#34;The idea that inflation has peaked is, is a hope, but it&#39;s not statistically really in the data at this point,&#34; Mr. Bullard said. &#34;I&#39;m hopeful&#34; the worst of the inflation surge has passed, he said, though he added he expects high inflation &#34;to prove more persistent than what many parts of Wall Street think.&#34;</p><p>What&#39;s more, Mr. Bullard said he believes growth in the second half will be stronger than the apparent weakness seen over the first six months of the year, and he believes the job market will stay robust as well.</p><p>&#34;There&#39;s just a lot to like about the labor market&#34; and it&#39;s possible unemployment may tick down a touch further from the 3.5% reading seen in the July data, he said. Mr. Bullard said unemployment could even rise and still herald a robust labor sector, because an unemployment rate that has a neutral impact on price pressures is likely in the 4% range.</p><p>Mr. Bullard said that market speculation over rate cuts is &#34;definitely premature&#34; and that fears the economy may fall into a downturn are overblown.</p><p>The veteran central banker played down indications that financial-market conditions have been easing even as the central bank presses forward with rate increases. Tighter monetary policy is supposed to increase restraint in the economy in large part through its impact on asset prices, so an easing there in theory could force the Fed to be even more aggressive with future changes in the federal-funds rate.</p><p>Mr. Bullard said it&#39;s possible stock prices are giving a false impression of the state of asset prices.</p><p>&#34;One thing about financial conditions that I&#39;m steadfast about is, I don&#39;t like financial conditions indexes that put too much weight on equity pricing. Equity prices, you know, can be far from fundamentals for certain stocks,&#34; and company shares aren&#39;t a big driver of how the Fed thinks about future monetary policy choices, he said.</p><p>In a separate appearance Thursday, Minneapolis Fed leader Neel Kashkari said an economic downturn is one risk of the Fed&#39;s current policy path.</p><p>&#34;I don&#39;t think we&#39;re in a recession right now,&#34; he said. &#34;But as we continue to raise rates, as we continue to raise costs, so to speak, of borrowing across the economy, it should be putting, tapping the brakes on the U.S. economy, and that makes it more likely that we would end up in a recession.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2260357839","content_text":"Federal Reserve Bank of St. Louis President James Bullard said Thursday he is considering support for another large rate rise at the central bank's policy meeting next month and added he isn't ready to say the economy has seen the worst of the inflation surge.\"We should continue to move expeditiously to a level of the policy rate that will put significant downward pressure on inflation\" and \"I don't really see why you want to drag out interest rate increases into next year,\" Mr. Bullard said in a Wall Street Journal interview.When it comes to the Fed's next move on interest rates, Mr. Bullard said of next month's Federal Open Market Committee meeting that \"I would lean toward the 75 basis points at this point. Again, I think we've got relatively good reads on the economy, and we've got very high inflation, so I think it would make sense to continue to get the policy rate higher and into restrictive territory.\"Mr. Bullard is a voting member of the FOMC this year. Since March, the Fed has embarked on an increasingly aggressive path of rate rises to lower inflation from levels that are at 40-year highs. After lifting rates from near-zero levels in March, the central bank shifted to 0.75-percentage-point rate increases at its June and July meetings, and now has its overnight target rate in a range of 2.25% to 2.5%.The FOMC next meets Sept. 20-21. Recent data hinting at a possible waning in inflation pressures, as well as comments by some central bankers, have generated a debate among market participants as to whether the central bank can slow the pace of rate rise into the end of the year.Mr. Bullard said he isn't ready to say inflation has peaked and it remains important for the Fed to get its target rate to a range of 3.75% to 4% by year-end, before the central bank can consider what it will need to do next year. He also said that he sees about an 18-month process of getting price pressures back to the Fed's 2% target, and predicted that path will likely be uneven, while adding, \"We've got a long way to go to get inflation under control.\"\"The idea that inflation has peaked is, is a hope, but it's not statistically really in the data at this point,\" Mr. Bullard said. \"I'm hopeful\" the worst of the inflation surge has passed, he said, though he added he expects high inflation \"to prove more persistent than what many parts of Wall Street think.\"What's more, Mr. Bullard said he believes growth in the second half will be stronger than the apparent weakness seen over the first six months of the year, and he believes the job market will stay robust as well.\"There's just a lot to like about the labor market\" and it's possible unemployment may tick down a touch further from the 3.5% reading seen in the July data, he said. Mr. Bullard said unemployment could even rise and still herald a robust labor sector, because an unemployment rate that has a neutral impact on price pressures is likely in the 4% range.Mr. Bullard said that market speculation over rate cuts is \"definitely premature\" and that fears the economy may fall into a downturn are overblown.The veteran central banker played down indications that financial-market conditions have been easing even as the central bank presses forward with rate increases. Tighter monetary policy is supposed to increase restraint in the economy in large part through its impact on asset prices, so an easing there in theory could force the Fed to be even more aggressive with future changes in the federal-funds rate.Mr. Bullard said it's possible stock prices are giving a false impression of the state of asset prices.\"One thing about financial conditions that I'm steadfast about is, I don't like financial conditions indexes that put too much weight on equity pricing. Equity prices, you know, can be far from fundamentals for certain stocks,\" and company shares aren't a big driver of how the Fed thinks about future monetary policy choices, he said.In a separate appearance Thursday, Minneapolis Fed leader Neel Kashkari said an economic downturn is one risk of the Fed's current policy path.\"I don't think we're in a recession right now,\" he said. \"But as we continue to raise rates, as we continue to raise costs, so to speak, of borrowing across the economy, it should be putting, tapping the brakes on the U.S. economy, and that makes it more likely that we would end up in a recession.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":702,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9959915930,"gmtCreate":1672878247120,"gmtModify":1676538751721,"author":{"id":"3574475267062452","authorId":"3574475267062452","name":"RLHuat","avatar":"https://static.tigerbbs.com/081df75e9ab081b3620166fb61e75cad","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574475267062452","authorIdStr":"3574475267062452"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9959915930","repostId":"1139427647","repostType":2,"repost":{"id":"1139427647","pubTimestamp":1672877210,"share":"https://ttm.financial/m/news/1139427647?lang=&edition=fundamental","pubTime":"2023-01-05 08:06","market":"us","language":"en","title":"Why Did Alibaba Shares Climb 13% Wednesday?","url":"https://stock-news.laohu8.com/highlight/detail?id=1139427647","media":"Seekingalpha","summary":"Alibaba shares surged nearly 13% Wednesday as Chinese stocks on the whole rallied as Beijing gave th","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/BABA\">Alibaba</a> shares surged nearly 13% Wednesday as Chinese stocks on the whole rallied as Beijing gave the approval to a massive capital increase to financial technology company Ant Group.</p><p><img src=\"https://static.tigerbbs.com/883bf68c960bc4d737e061697b1aeadc\" tg-width=\"838\" tg-height=\"671\" referrerpolicy=\"no-referrer\"/></p><p>Prior to the start of trading, China awarded Ant Group a $1.5B capital increase. The move was seen on Wall Street as a sign that China may be easing up on more than two years of regulatory crackdowns on many of the countries top tech companies.</p><p>And as Alibaba (BABA) owns about one-third of Ant Group, the Chinese e-commerce and Internet giant was expected to benefit from China&#39;s new financial policies toward some of its largest companies.</p><p>In addition to Alibaba (BABA), big gains also came from the likes of JD.com (JD), Tencent Holdings (OTCPK:TCEHY) and Baidu (BIDU), all of which ended the day in positive territory.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Did Alibaba Shares Climb 13% Wednesday?</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 Did Alibaba Shares Climb 13% Wednesday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-05 08:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3922152-while-did-alibaba-shares-climb-13-wednesday-its-because-of-ant-group><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alibaba shares surged nearly 13% Wednesday as Chinese stocks on the whole rallied as Beijing gave the approval to a massive capital increase to financial technology company Ant Group.Prior to the ...</p>\n\n<a href=\"https://seekingalpha.com/news/3922152-while-did-alibaba-shares-climb-13-wednesday-its-because-of-ant-group\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://seekingalpha.com/news/3922152-while-did-alibaba-shares-climb-13-wednesday-its-because-of-ant-group","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1139427647","content_text":"Alibaba shares surged nearly 13% Wednesday as Chinese stocks on the whole rallied as Beijing gave the approval to a massive capital increase to financial technology company Ant Group.Prior to the start of trading, China awarded Ant Group a $1.5B capital increase. The move was seen on Wall Street as a sign that China may be easing up on more than two years of regulatory crackdowns on many of the countries top tech companies.And as Alibaba (BABA) owns about one-third of Ant Group, the Chinese e-commerce and Internet giant was expected to benefit from China's new financial policies toward some of its largest companies.In addition to Alibaba (BABA), big gains also came from the likes of JD.com (JD), Tencent Holdings (OTCPK:TCEHY) and Baidu (BIDU), all of which ended the day in positive territory.","news_type":1},"isVote":1,"tweetType":1,"viewCount":369,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983506375,"gmtCreate":1666266723197,"gmtModify":1676537732739,"author":{"id":"3574475267062452","authorId":"3574475267062452","name":"RLHuat","avatar":"https://static.tigerbbs.com/081df75e9ab081b3620166fb61e75cad","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574475267062452","authorIdStr":"3574475267062452"},"themes":[],"htmlText":"That could be the case.&nbsp;","listText":"That could be the case.&nbsp;","text":"That could be the case.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9983506375","repostId":"1111819580","repostType":2,"repost":{"id":"1111819580","pubTimestamp":1666254743,"share":"https://ttm.financial/m/news/1111819580?lang=&edition=fundamental","pubTime":"2022-10-20 16:32","market":"us","language":"en","title":"Alibaba: It Could Get Worse","url":"https://stock-news.laohu8.com/highlight/detail?id=1111819580","media":"Seeking Alpha","summary":"SummaryShort interest in Alibaba spiked by over 7% sequentially and it's up nearly 50% since April.A","content":"<html><head></head><body><h2>Summary</h2><ul><li>Short interest in Alibaba spiked by over 7% sequentially and it&#39;s up nearly 50% since April.</li><li>Alibaba&#39;s prospects appear to be deteriorating almost every other week which is probably why it&#39;s quickly becoming popular in shorting circles.</li><li>The stock seems set to fall further and investors may want to avoid trying to catch falling knives.</li></ul><p><img src=\"https://static.tigerbbs.com/99fd8bfbb6e746ad97e8ae396d55f7fb\" tg-width=\"750\" tg-height=\"500\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Alibaba’s (NYSE:BABA) shares are down 35% year to date but the downturn may not be over yet. Latest data reveals that short interest in the stock has spiked 7% in the last reporting cycle. This rapid short build up suggeststhat market participants might perceive the stock to be overvalued at current levels and likely anticipate it to fall further in the coming days and weeks. This should encourage Alibaba investors to reassess their investment thesis and avoid trying to catch falling knives. Let’s take a closer look at it all.</p><h2><b>Elevated Shorting Activity</b></h2><p>Let me start by saying that short interest is basically the total number of short positions that are open and are yet to be covered at the end of each bi-monthly reporting cycle. A sharp rise in the metric indicates that market participants are actively placing short bets against a given stock with the anticipation that it would quickly decline in value in the foreseeable future. Conversely, a sharp decline in the metric indicates that short-side traders are closing their short positions as they perceive the stock to be fairly-valued, with limited downside potential. So, the short interest metric is a handy tool to gauge the Street’s ever-evolving sentiment pertaining to any given stock.</p><p>As far as Alibaba is concerned, its short interest amounted to 59 million at the end of the latest reporting cycle ending September 30. This figure is up 7.2% sequentially and up 47% over the past 5 months alone, indicating that market participants have gradually stacked their short-side bets against the company in recent months.</p><p>This short interest build up is rather counterintuitive as the stock has been dropping continuously and it should have, in theory at least, encouraged short-side market participants to close their shorts and book profits. But the fact that short interest in Alibaba continues to rise, in spite of its dropping stock price, suggests that market participants perceive the stock to be overvalued at current levels and are betting on the stock to fall further going forward.</p><p><img src=\"https://static.tigerbbs.com/bf2f95098c8f6d45998f55472f8d16d6\" tg-width=\"640\" tg-height=\"426\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>BusinessQuant.com</p><p>Next, I wanted to compare Alibaba with other US-listed e-commerce stocks to have a better understanding of shorting activity in the said industry. If the market is betting against the vast majority of such stocks, then Alibaba wouldn’t come across as the odd one out. But that’s not quite the case here. As it turns out, short interest in Alibaba rose much faster than a broad swath of 30 other US-listed stocks that are engaged in e-commerce businesses. This confirms that market participants are more or less neutral on the industry but specifically bearish on Alibaba.</p><p><img src=\"https://static.tigerbbs.com/6019ac925a96524d96e2dc53d1823155\" tg-width=\"382\" tg-height=\"650\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>BusinessQuant.com</p><p>This raises an important question now – why are market participants actively shorting Alibaba even though its shares have crashed significantly and are seemingly undervalued?</p><h2><b>Reasons Fueling Pessimism</b></h2><p>First of all, I’d like to clear the misconception that Alibaba is undervalued after its recent correction. It may seem undervalued on a standalone basis but that’s not really the case when we look at industry comparables. The chart below should put things in perspective.</p><p><img src=\"https://static.tigerbbs.com/a02a8cdb767bb27a98904344d984815f\" tg-width=\"640\" tg-height=\"358\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>BusinessQiant.com</p><p>The Y-axis plots the enterprise value-to-free cash flow (or EV/FCF) values for over 30 stocks that are classified in the e-commerce/internet retail industry. Note how Alibaba is vertically positioned much higher than a broad swath of its mentioned peers, indicating that the stock is trading at a relative premium.</p><p>Now, let’s shift attention to the X-axis, which plots the free cash flow growth for the same set of companies. Note how Alibaba is horizontally positioned more or less in the middle, indicating that its free cash flow growth is in-line with the industry averages.</p><p>The collective takeaway from both the axes here is that Alibaba is a mediocre performer in terms of free cash flow growth but its shares are trading at a premium nonetheless. There are in fact 4 other stocks in the e-commerce industry that are growing free cash flows at a rate faster than Alibaba, but their shares still trading at a lower EV/FCF multiple.</p><p>It’s not like the business prospects are improving or signaling impending growth for Alibaba, either. Much like the US, analysts and rating agencies have been slashing GDP growth forecasts for China almost every other week. This deteriorating macroeconomic environment is bound to limit personal disposable income and hinder consumer spending across major economies, which will inevitably weigh down on Alibaba’s business. We’re already seeing analysts slashing their revenue estimates for the company and I contend that more cuts shall follow in the coming 2 to 3 months at the very least.</p><p><img src=\"https://static.tigerbbs.com/e9940fbe16823a8aecadd41f1e3818a9\" tg-width=\"635\" tg-height=\"435\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data byYCharts</p><p>What exacerbates the problem is that we don’t know how far along will revenue expectations drop for Alibaba. Maybe 2 months down the line, we’d have slashed our revenue estimates for Alibaba by $10 billion or maybe it&#39;ll be $30 billion, we just don’t know. This heightened uncertainty amidst growing recessionary fears, makes it difficult for anyone to call a bottom for an e-commerce company such as Alibaba. So, this is another major reason why we think we’re seeing short interest spike in the company’s shares of late.</p><p><img src=\"https://static.tigerbbs.com/5c95dde41ca2ea45ca9c28867d815701\" tg-width=\"640\" tg-height=\"565\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>BusinessQuant.com</p><p>There’s another variable at play here. US auditors flew to Hong Kong a few weeks ago to conduct audit inspections on US-listed Chinese companies such as Alibaba. These inspections are likely to last from 8-12 weeks and will reveal if Alibaba is audited in accordance with the US GAAP or if there are irregularities in its reporting. If it’s the latter, then it’ll fuel further fear, uncertainty and doubt about the legitimacy of Alibaba’s growth prospects, and fuel speculation about the quantum of penalty that might be imposed by US regulators. This essentially means the moment of truth is fast approaching for US-listed Chinese companies such as Alibaba.</p><h2><b>Final Thoughts</b></h2><p>The takeaway here is that Alibaba’s shares are trading at a premium relative to its peers, despite heightened macroeconomic and regulatory uncertainty surrounding the name. This is likely why short interest in the name has been surging and will continue to do so in the coming weeks as well. So, I believe that investors may want to avoid the stock for the time being, as it looks set to fall further from the current levels. Good Luck!</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: It Could Get Worse</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\">\nAlibaba: It Could Get Worse\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-20 16:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4547525-alibaba-stock-it-could-get-worse><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryShort interest in Alibaba spiked by over 7% sequentially and it's up nearly 50% since April.Alibaba's prospects appear to be deteriorating almost every other week which is probably why it's ...</p>\n\n<a href=\"https://seekingalpha.com/article/4547525-alibaba-stock-it-could-get-worse\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4547525-alibaba-stock-it-could-get-worse","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111819580","content_text":"SummaryShort interest in Alibaba spiked by over 7% sequentially and it's up nearly 50% since April.Alibaba's prospects appear to be deteriorating almost every other week which is probably why it's quickly becoming popular in shorting circles.The stock seems set to fall further and investors may want to avoid trying to catch falling knives.Alibaba’s (NYSE:BABA) shares are down 35% year to date but the downturn may not be over yet. Latest data reveals that short interest in the stock has spiked 7% in the last reporting cycle. This rapid short build up suggeststhat market participants might perceive the stock to be overvalued at current levels and likely anticipate it to fall further in the coming days and weeks. This should encourage Alibaba investors to reassess their investment thesis and avoid trying to catch falling knives. Let’s take a closer look at it all.Elevated Shorting ActivityLet me start by saying that short interest is basically the total number of short positions that are open and are yet to be covered at the end of each bi-monthly reporting cycle. A sharp rise in the metric indicates that market participants are actively placing short bets against a given stock with the anticipation that it would quickly decline in value in the foreseeable future. Conversely, a sharp decline in the metric indicates that short-side traders are closing their short positions as they perceive the stock to be fairly-valued, with limited downside potential. So, the short interest metric is a handy tool to gauge the Street’s ever-evolving sentiment pertaining to any given stock.As far as Alibaba is concerned, its short interest amounted to 59 million at the end of the latest reporting cycle ending September 30. This figure is up 7.2% sequentially and up 47% over the past 5 months alone, indicating that market participants have gradually stacked their short-side bets against the company in recent months.This short interest build up is rather counterintuitive as the stock has been dropping continuously and it should have, in theory at least, encouraged short-side market participants to close their shorts and book profits. But the fact that short interest in Alibaba continues to rise, in spite of its dropping stock price, suggests that market participants perceive the stock to be overvalued at current levels and are betting on the stock to fall further going forward.BusinessQuant.comNext, I wanted to compare Alibaba with other US-listed e-commerce stocks to have a better understanding of shorting activity in the said industry. If the market is betting against the vast majority of such stocks, then Alibaba wouldn’t come across as the odd one out. But that’s not quite the case here. As it turns out, short interest in Alibaba rose much faster than a broad swath of 30 other US-listed stocks that are engaged in e-commerce businesses. This confirms that market participants are more or less neutral on the industry but specifically bearish on Alibaba.BusinessQuant.comThis raises an important question now – why are market participants actively shorting Alibaba even though its shares have crashed significantly and are seemingly undervalued?Reasons Fueling PessimismFirst of all, I’d like to clear the misconception that Alibaba is undervalued after its recent correction. It may seem undervalued on a standalone basis but that’s not really the case when we look at industry comparables. The chart below should put things in perspective.BusinessQiant.comThe Y-axis plots the enterprise value-to-free cash flow (or EV/FCF) values for over 30 stocks that are classified in the e-commerce/internet retail industry. Note how Alibaba is vertically positioned much higher than a broad swath of its mentioned peers, indicating that the stock is trading at a relative premium.Now, let’s shift attention to the X-axis, which plots the free cash flow growth for the same set of companies. Note how Alibaba is horizontally positioned more or less in the middle, indicating that its free cash flow growth is in-line with the industry averages.The collective takeaway from both the axes here is that Alibaba is a mediocre performer in terms of free cash flow growth but its shares are trading at a premium nonetheless. There are in fact 4 other stocks in the e-commerce industry that are growing free cash flows at a rate faster than Alibaba, but their shares still trading at a lower EV/FCF multiple.It’s not like the business prospects are improving or signaling impending growth for Alibaba, either. Much like the US, analysts and rating agencies have been slashing GDP growth forecasts for China almost every other week. This deteriorating macroeconomic environment is bound to limit personal disposable income and hinder consumer spending across major economies, which will inevitably weigh down on Alibaba’s business. We’re already seeing analysts slashing their revenue estimates for the company and I contend that more cuts shall follow in the coming 2 to 3 months at the very least.Data byYChartsWhat exacerbates the problem is that we don’t know how far along will revenue expectations drop for Alibaba. Maybe 2 months down the line, we’d have slashed our revenue estimates for Alibaba by $10 billion or maybe it'll be $30 billion, we just don’t know. This heightened uncertainty amidst growing recessionary fears, makes it difficult for anyone to call a bottom for an e-commerce company such as Alibaba. So, this is another major reason why we think we’re seeing short interest spike in the company’s shares of late.BusinessQuant.comThere’s another variable at play here. US auditors flew to Hong Kong a few weeks ago to conduct audit inspections on US-listed Chinese companies such as Alibaba. These inspections are likely to last from 8-12 weeks and will reveal if Alibaba is audited in accordance with the US GAAP or if there are irregularities in its reporting. If it’s the latter, then it’ll fuel further fear, uncertainty and doubt about the legitimacy of Alibaba’s growth prospects, and fuel speculation about the quantum of penalty that might be imposed by US regulators. This essentially means the moment of truth is fast approaching for US-listed Chinese companies such as Alibaba.Final ThoughtsThe takeaway here is that Alibaba’s shares are trading at a premium relative to its peers, despite heightened macroeconomic and regulatory uncertainty surrounding the name. This is likely why short interest in the name has been surging and will continue to do so in the coming weeks as well. So, I believe that investors may want to avoid the stock for the time being, as it looks set to fall further from the current levels. Good Luck!","news_type":1},"isVote":1,"tweetType":1,"viewCount":473,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9915590238,"gmtCreate":1665064439724,"gmtModify":1676537551447,"author":{"id":"3574475267062452","authorId":"3574475267062452","name":"RLHuat","avatar":"https://static.tigerbbs.com/081df75e9ab081b3620166fb61e75cad","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574475267062452","authorIdStr":"3574475267062452"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SPCE\">$Virgin Galactic(SPCE)$</a>","listText":"<a href=\"https://ttm.financial/S/SPCE\">$Virgin Galactic(SPCE)$</a>","text":"$Virgin 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