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Kai85
2022-11-30
Ok
SQQQ, TQQQ: Leveraged ETFs Can Be A (Short-Term) Home Run Or A (Long-Term) Loaded Gun
Kai85
2021-09-16
Hope it is a nice pullback
U.S. stocks close lower on worries over recovery, corporate tax hikes
Kai85
2021-09-11
Upp
Apple Chip Designer Imagination Considers London IPO
Kai85
2022-07-09
Ok
NIO: June Deliveries Show Growth Making A Comeback
Kai85
2022-02-08
Agreed
2 Hot Stocks to Buy and Hold Until You Retire
Kai85
2021-09-23
Will bubble it higher...
Why the debt limit fight makes Washington a stock-market 'wild card'
Kai85
2021-07-27
?
Indexes notch closing record highs as key earnings, Fed meet eyed
Kai85
2022-02-10
Good
Wall Street Ends Sharply Higher, Lifted by Big Tech
Kai85
2021-09-14
Good info
Here's what Apple is expected to announce at its iPhone 13 launch event Tuesday
Kai85
2021-09-04
Nice
3 Hypergrowth Stocks Expected to Increase Sales 1,185% to 12,629% by 2023
Kai85
2022-04-15
Good
Twitter Is Worth More Than Elon Musk's $54 Per Share Offer
Kai85
2021-09-07
Good info
Sorry, the original content has been removed
Kai85
2021-08-30
$NIO Inc.(NIO)$
long term
Kai85
2021-07-14
Great ariticle, would you like to share it?
PNC Loans, Deposits Grow With Acquisition
Kai85
2021-08-02
Gooo
Huarong Moves to Restructure, Exit Units in Downsizing Push
Kai85
2021-07-14
Like
Alibaba, Tencent mull over opening up services to each other - WSJ
Kai85
2022-09-06
Good
Tech Workers Left Hanging As Sea E-Commerce Arm Shopee Rescinds Job Offers
Kai85
2022-07-28
Good
U.S. Consumers Are "Trading Down." How to Play It With Options
Kai85
2021-09-11
Good info
Tech stocks, emerging market debt see inflows on "stagflation" bets
Kai85
2023-03-23
ok
@AllQuant:With the latest 25bp hike, the gap between CPI and Fed Funds Rate has become negligible. Note that Mar CPI is based on Fed's Nowcast. Actual CPI to be confirmed next month.
$SPDR S&P 500 ETF Trust(SPY)$
$iShares 20+ Year Treasury Bond ETF(TLT)$
$SPDR Gold Shares(GLD)$
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Note that Mar CPI is based on Fed's Nowcast. Actual CPI to be confirmed next month.<a target=\"_blank\" href=\"https://ttm.financial/S/SPY\">$SPDR S&P 500 ETF Trust(SPY)$ </a><a target=\"_blank\" href=\"https://ttm.financial/S/TLT\">$iShares 20+ Year Treasury Bond ETF(TLT)$ </a><a target=\"_blank\" href=\"https://ttm.financial/S/GLD\">$SPDR Gold Shares(GLD)$ </a>","listText":"With the latest 25bp hike, the gap between CPI and Fed Funds Rate has become negligible. Note that Mar CPI is based on Fed's Nowcast. Actual CPI to be confirmed next month.<a target=\"_blank\" href=\"https://ttm.financial/S/SPY\">$SPDR S&P 500 ETF Trust(SPY)$ </a><a target=\"_blank\" href=\"https://ttm.financial/S/TLT\">$iShares 20+ Year Treasury Bond ETF(TLT)$ </a><a target=\"_blank\" href=\"https://ttm.financial/S/GLD\">$SPDR Gold Shares(GLD)$ </a>","text":"With the latest 25bp hike, the gap between CPI and Fed Funds Rate has become negligible. Note that Mar CPI is based on Fed's Nowcast. Actual CPI to be confirmed next month.$SPDR S&P 500 ETF Trust(SPY)$ $iShares 20+ Year Treasury Bond ETF(TLT)$ $SPDR Gold Shares(GLD)$","images":[{"img":"https://community-static.tradeup.com/news/70b50cd1a6b701df8cbddca8606c82a0","width":"909","height":"660"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943506977","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":491,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9962501693,"gmtCreate":1669796779912,"gmtModify":1676538245111,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9962501693","repostId":"1106229901","repostType":4,"repost":{"id":"1106229901","kind":"news","pubTimestamp":1669821685,"share":"https://ttm.financial/m/news/1106229901?lang=&edition=fundamental","pubTime":"2022-11-30 23:21","market":"us","language":"en","title":"SQQQ, TQQQ: Leveraged ETFs Can Be A (Short-Term) Home Run Or A (Long-Term) Loaded Gun","url":"https://stock-news.laohu8.com/highlight/detail?id=1106229901","media":"Seeking Alpha","summary":"SummaryLeveraged ETFs are explosive securities with the ability/potential to give your portfolio a b","content":"<html><head></head><body><h3>Summary</h3><ul><li>Leveraged ETFs are explosive securities with the ability/potential to give your portfolio a big boost ('home run') or to cause severe damage ('loaded gun').</li><li>'Home run' allows the batter (investor) to make a complete circuit (whole), and score a big r(et)u(r)n (as well as hedging) for the team (portfolio).</li><li>'Loaded gun' refers to something dangerous, an accident waiting to happen. Playing (investing) with something (leverage) that shouldn't be messed with.</li><li>In this article, we try to cover all the bases you may find within the leveraged ETFs pitch, particularly 3x-leveraged NASDAQ-100 and Semiconductor ETFs.</li></ul><h3>Prologue</h3><p>Nearly two weeks ago we wrote about 'hedging through shorting', while presenting our short positions in two 3x-leveraged ETFs: ProShares UltraPro QQQ ETF (NASDAQ:TQQQ) and Direxion Daily Semiconductor 3x Bull Shares ETF (SOXL).</p><p>In this article, we wish to remain within the same theme (hedging through shorting) and elaborate on this topic, particularly touching upon two very important aspects that are (not only related but) crucial to the theme:</p><p>1) Leveraged ETFs (in general): Buy vs. Sell, Pros and Cons, Risk and Reward.</p><p>2) Live demonstration of how leveraged ETFs' mechanics work (or don't work...): Specific examples using two pairs of growth/tech leveraged ETFs:</p><ul><li>Big Tech: ProShares UltraPro QQQ (TQQQ) vs ProShares UltraPro Short QQQ (NASDAQ:SQQQ)</li><li>Semiconductors: Direxion Daily Semiconductor 3X Bull Shares ETF (SOXL) vs Direxion Daily Semiconductor 3X Bear Shares ETF (SOXS)</li></ul><h3>Leveraged ETFs - Key Features</h3><p><b>Buy vs Sell</b></p><p>This is likely the most important aspect to keep in mind.</p><p>Since leveraged ETFs use options/derivatives to achieve the magnifying element (leveraging) - any leveraged ETF, by definition, suffers from time decay, aka "Theta".</p><blockquote>Time decay is a measure of the rate of decline in the value of an options contract due to the passage of time. Time decay accelerates as an option's time to expiration draws closer since there's less time to realize a profit from the trade. - [Source]</blockquote><p>What you need to know:</p><p>1. The closer an option is to its expiry date - the more rapidly it's losing money (to time decay).</p><p>2. An "At The Money" ("ATM") option will receive the biggest premium at the start, but will lose the most, at an accelerating pace, towards the end.</p><p>3. An "In The Money" ("ITM") option will receive the smallest premium at the start, and it will lose that premium, at a fairly steady pace, along its life.</p><p><img src=\"https://static.tigerbbs.com/368ed5a08b21ab35157fd2dafd062adb\" tg-width=\"1126\" tg-height=\"720\" referrerpolicy=\"no-referrer\"/>From a pure Theta perspective, it's categorically better to sell a leveraged ETF than to buy one, because the (loss of) time decay is working in the investor's favor.</p><h3>Pros and Cons</h3><p>Leveraged ETFs are risky instruments.</p><p>Therefore, there are certain features one must be aware of, and there are certain rules one would be better off adhering to.</p><ul><li>Leverage (of a benchmark)</li></ul><p>Principally, all leveraged ETFs are aiming to amplify the return of a non-leveraged instrument, usually an index. For example:</p><p><img src=\"https://static.tigerbbs.com/150dbfc8472af659f2d4d0944b5e98c5\" tg-width=\"639\" tg-height=\"389\" referrerpolicy=\"no-referrer\"/><img src=\"https://static.tigerbbs.com/3aacda8b59c69aea79e6571fb0afcdde\" tg-width=\"623\" tg-height=\"688\" referrerpolicy=\"no-referrer\"/>It's important to remain within one's comfort zone, and to ensure that the use of a leveraged ETF fits the investor's profile, needs, and risk aversion.</p><ul><li>Volatility</li></ul><p>Looking at the 30-Day Rolling Volatility, you can see that the leverage is amplifying not only the return, but also the volatility. A 3x-leveraged ETF is 3x as volatile as the benchmark it's looking to copy.</p><p>Semis:</p><p><img src=\"https://static.tigerbbs.com/d9d915744f2a6776e745da15b2cecab4\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Tech:</p><p><img src=\"https://static.tigerbbs.com/dfac9d30f417c667d74397fc29f1dcdd\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/></p><ul><li><b>Daily performance</b></li></ul><p>This is one of the features many investors miss or fail to understand.</p><p>Leveraged ETFs are trying to mimic the daily performance of a certain benchmark. As such, when you look at the daily (or short-term for that matter) performance - the leveraged ETF is likely to show a very/fairly close return to the leverage it offers (be it a long or a short mechanism). For example:</p><p>Semis' 1-day price change: Daily returns of SOXL and SOXS are about +3x and -3x, respectively, the daily return of SOXX.</p><p><img src=\"https://static.tigerbbs.com/08ca1f40fcd06f5ad9537f02af6ffe76\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Tech's 1-day price change: Daily returns of TQQQ and SQQQ are about +3x and -3x, respectively, the daily return of QQQ.</p><p><img src=\"https://static.tigerbbs.com/a55a842f81460cba9dc1a6938d472d92\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Nonetheless, if we move to a longer period, say 2022, the math isn't as straight as it's when we look at the short-term.</p><p>Semis' YTD price change: YTD returns of SOXL and SOXS are about +2.65x and -0.07x, respectively, the YTD return of SOXX.</p><p><img src=\"https://static.tigerbbs.com/92d1ddfcba6984ae9d30559901dfc14c\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Tech's YTD price change: YTD returns of TQQQ and SQQQ are about +2.61x and -2.87x [=(52.59+28.13)/-28.13], respectively, the daily return of QQQ.</p><p><img src=\"https://static.tigerbbs.com/411ddaf98aa8aa072f20f9953bac8e26\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Over time, and assuming the benchmark/index doesn't move in a (fairly) straight line - the performance of a leveraged ETF may differ significantly from the performance of the underlying benchmark.</p><h3>Risk and Reward</h3><ul><li>Phenomenal/Horrendous Total Returns</li></ul><p>First and foremost, as you may well understand, the main risk is the (quite reasonable) scenario of losing a lot of money, quickly.</p><p>Of course, there's always the flip-side of that coin, and leveraged ETFs may also deliver significant returns (during short periods).</p><p>If "Timing is Everything", generally speaking, it's even more crucial when it comes to buying leveraged ETFs. One must have a high conviction, a near-perfect timing, a short-term trading view/mentality, and an exit (including stop loss) strategy. [We elaborate on these elements at the end of this article.]</p><p>Below you can see the total returns of the leveraged ETFs we focus on during two very different periods.</p><p>1) Bear Market: Total Return since Dec. 27, 2021</p><p>Semis:</p><p><img src=\"https://static.tigerbbs.com/6894a55ca17620f94b6c167ef6402e40\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Tech:</p><p><img src=\"https://static.tigerbbs.com/1101bbe95e105d513c3e3ea4558a48fd\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Clearly, there's a lot of money to be lost (or made) during a bear market with any instrument, let alone 3x-leveraged ETFs. While the benchmarks (SOXX, QQQ) have lost ~30%, the ultra long ETFs (SOXL, TQQQ) have lost over 3/4 of their value, and the ultra short ETFs (SOXS, SQQQ) have actually gained.</p><p>Pay attention to the divergence between SOXS (a gain of only 4.5%) and SQQQ (a gain of 59.3%), a result of the recent speedy recovery of Semis (relative to Tech) in recent weeks.</p><p>2) Bull Market: Total Return from Mar. 23, 2020 to Dec. 27, 2021</p><p>Semis:</p><p><img src=\"https://static.tigerbbs.com/92b8f1a0c1b82b3cb1e5ad23e4896cd7\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Tech:</p><p><img src=\"https://static.tigerbbs.com/b74788301b08e6b05cb21c07a2bf633e\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Clearly, there's a lot of money to be lost (or made) during a bull market with any instrument, let alone 3x-leveraged ETFs. While the benchmarks (SOXX, QQQ) have gained low triple-digit %, the ultra long ETFs (SOXL, TQQQ) have delivered stunning returns. At the same time, the ultra short ETFs (SOXS, SQQQ) have practically vanished, leaving investors with (nearly) nothing out of their initial investments.</p><ul><li>The Longer the Tenure - the Higher the Risk of Losing Big</li></ul><p>Secondly, and regardless of the (bull or bear) type of market we're in and/or the total return over a certain period, leveraged ETFs are guaranteed to lose value over time. Putting it differently, the longer you stick to these instruments - the higher the odds of a significant drawdown.</p><p>Below you can see how deep is the decline that leveraged ETFs have (thus may) suffered from (% off-high) over different tenures.</p><ul><li>3 years: While the long versions (SOXL, TQQQ) have lost 75%-80%, the short versions (SOXS, SQQQ) have lost nearly their entire value.</li></ul><p><img src=\"https://static.tigerbbs.com/8a6e0590652f7807dac6b79902906e56\" tg-width=\"635\" tg-height=\"501\" referrerpolicy=\"no-referrer\"/>10 years: While the long versions (SOXL, TQQQ) have lost 75%-80%, the short versions (SOXS, SQQQ) have lost nearly their entire value.</p><p><img src=\"https://static.tigerbbs.com/06cfda7540359bd9cc38adb53f3c0ce5\" tg-width=\"635\" tg-height=\"501\" referrerpolicy=\"no-referrer\"/>Although the past decade can definitely be described as a bull market (overall), leveraged ETFs have been hammered, no matter whether they were long or short the underlying benchmarks.</p><p>This, once again, proves that these instruments can't be held (long position) over the long run. You can be long, but not for too long.</p><ul><li>"The Road is Long With Many a Winding Turn" [Source]</li></ul><p>Finally, it's important to understand that both time and slope play a major role in determining the return, therefore worthiness, of trading a leveraged ETF.</p><p>It's very unlikely, almost impossible, for your long (short) leveraged ETF position to deliver a return equal to the (inverse) return of the underlying, non-leveraged, benchmark.</p><p>To explain this, let's use the S&P 500 and its +/-1/2/3 leveraged versions.</p><p>Naturally, the 2x- (SSO, SDS) and 3x- (SPXL, SPXU) leveraged versions are 2x and 3x as volatile as the non-leveraged versions (SPY, SH).</p><p><img src=\"https://static.tigerbbs.com/bad8a8d33cac5ca5325d1e87252fcc57\" tg-width=\"635\" tg-height=\"501\" referrerpolicy=\"no-referrer\"/>But does the extra volatility usually/automatically translate into higher returns? Not necessarily.</p><p>YTD: While the returns of the long versions (SPY, SSO, SPXL) make sense (from a leverage/volatility perspective), those of the short versions (SH, SDS, SPXS) don't.</p><p>As a matter of fact, the 2x-leveraged SDS and the 3x-leveraged SPXS have delivered nearly the same total returns. If so, why would one pick the more risky SPXS over the less risky SDS!?</p><p><img src=\"https://static.tigerbbs.com/70c1d7bf3df268038e733ac481808cfd\" tg-width=\"635\" tg-height=\"501\" referrerpolicy=\"no-referrer\"/>3-Year: The 2x-leveraged SSO has returned twice as much as the 3x-leveraged SPXL. Moreover, the non-leveraged SPY is only ~4.4% short of SSO's total return.</p><p>In both cases, the extra risk (volatility) hasn't resulted in a better performance; quite the contrary.</p><p><img src=\"https://static.tigerbbs.com/8fb13320549920cff3809ee8726cb761\" tg-width=\"635\" tg-height=\"501\" referrerpolicy=\"no-referrer\"/>5-Year: Once again, the 2x-leveraged SSO has returned more than the 3x-leveraged SPXL. Moreover, the 2x-leveraged SDS hasn't performed a lot better than the 3x-leveraged SPXS.</p><p><img src=\"https://static.tigerbbs.com/cdad0968ee275882b1bde91148e5adc6\" tg-width=\"635\" tg-height=\"501\" referrerpolicy=\"no-referrer\"/>10-Year: The short ETFs, whether leveraged or not, got battered. The long ETFs, however, are looking as good as how you wish a leveraged ETF (that you buy) to be.</p><p>SPXL and SSO have returned more than 4x and ~2.5x, respectively, what SPY has.</p><h3><img src=\"https://static.tigerbbs.com/f1fa1010c919a4c479c723f41feca151\" tg-width=\"635\" tg-height=\"501\" referrerpolicy=\"no-referrer\"/>Macro Trading Factory - Trading Alerts</h3><p>Here is some of the information that we posted when we issued the most recent trading alerts ("TAs") to our subscribers.</p><p>We are happy to share this information here, as we believe it's relevant and allows for a better understanding of the topic.</p><p><b>TA dated Nov. 14, 2022:</b></p><p>These TAs were discussed and explained in the piece that we've published Nov. 14.</p><p>The main message: With the SPX reaching the 4000 mark, we wish to employ some anti-tech/growth hedging again, and by doing so we're (once again) reducing our net long exposure (back to the low 60s% area).</p><p>Recall that there are two pairs we're referring to:</p><ul><li>Direxion Daily Semiconductor 3X Bull Shares ETF (SOXL) vs. Direxion Daily Semiconductor 3X Bear Shares ETF (SOXS) >>> We're shorting SOXL, but one may buy SOXS for a similar (though not equivalent) effect.</li><li>ProShares UltraPro QQQ (TQQQ) vs ProShares UltraPro Short QQQ (SQQQ) >>> We're shorting TQQQ, but one may buy SQQQ for a similar (though not equivalent) effect.</li></ul><p>Key points to keep in mind:</p><p><b>Total Assets Under Management:</b></p><p>The 3x-bullish ETFs (SOXL, TQQQ) are attracting a lot more money than their 3x-bearish counterparts (SOXS, SQQQ).</p><p>Having said that, last week no less than $658M was funneled into SQQQ. Per Bloomberg, that’s the largest-ever inflow for a product that aims to deliver 3x the opposite performance of the US benchmark for major technology companies.</p><p><img src=\"https://static.tigerbbs.com/9724d5357aacd21faca67fa41303f501\" tg-width=\"635\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/>When looking at the Daily Price Change the movements are fairly close in absolute terms, i.e. SOXL is moving like SOXS and TQQQ is moving like SQQQ.</p><p><img src=\"https://static.tigerbbs.com/4c47be4c766220c701899bf0d6a101de\" tg-width=\"635\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/>Nevertheless, things are changing over time.</p><p>The longer the period - the greater the (potential) divergence.</p><p>It's not guaranteed, but shorting the 3x-bullish ETFs is likely to deliver a better return than buying the 3x-bearish ETFs.</p><p><img src=\"https://static.tigerbbs.com/3bd04a6dd22233fa049980c445da8fe1\" tg-width=\"635\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><b>TA dated Nov. 15, 2022:</b></p><p>Nothing to add to what we wrote Nov. 14, but still - we would like to show you how even the technical analysis supports the fundamentals and risk aversion mode we see ahead.</p><p>Recall that it's not advisable to do technical analysis using leveraged instruments. Leverage is just a "wrapper" not the base "package" which is the non-leveraged instrument.</p><p>Having that in mind, here are the two, relevant, non-leveraged instruments on which we conduct some technical analysis. [Note that they're very similar in terms of nature and the message they deliver.]</p><p>SOXX is currently hitting (or just about to hit) three resistance levels:</p><ul><li>200-DMA</li><li>Long-term down-trending red line</li><li>Short-term (horizontal) green line</li></ul><p><img src=\"https://static.tigerbbs.com/b6eee7104e4db90857447d7d121ae952\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/>QQQ is coming close to hit three resistance levels:</p><ul><li>200-DMA</li><li>Long-term down-trending red line</li><li>Short-term (horizontal) green line</li></ul><h3><img src=\"https://static.tigerbbs.com/e598be9ef4639bb84d081b6c7683223a\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/>Epilogue</h3><p>A leveraged ETF can be your best friend when you get the direction and timing right, but it can be your worst nightmare when you get the direction and timing wrong.</p><p>We hope that through this article, we've managed to assist you with better understanding the Dr. Jekyll ('Home Run') and Mr. Hyde ('Loaded Gun') natures (characteristics) of these instruments.</p><p>As we mentioned above, when buying a leveraged ETF, it's very important to keep the pros and cons, risk and reward, in mind but it's not enough. In addition to all these attributes, one musts also have the following:</p><p><b>1) High Conviction</b>: Buying a leveraged ETF requires a higher-than-usual conviction, in line with the significantly higher volatility. "Feeling good" about the upside potential of an investing idea isn't enough and an in-depth analysis regarding the downside risk is key.</p><p>If we believe the downside risk of the underlying (non-leveraged) to be significant (usually 20%), we're less likely to move in, even if the upside is way more significant.</p><p>Unlike a non-leveraged security that we may buy (if the risk/reward is very attractive) even if the downside risk is significant, when it comes to a leveraged ETF downside risk rules (overcoming the risk/reward profile, no matter how attractive the latter is).</p><p><b>2) Near-perfect timing</b>: It's very hard to find the "right moment", surely the "perfect timing". The latter is based on pure luck and only retrospectively we are in position to know whether our timing was good or not.</p><p>Therefore, when we say "near perfect timing" we actually refer to maximum hesitation and patience. Take your time, don't rush, and let the stabilization, consolidation, and/or capitulation periods show their pretty, and more important: less risky, face.</p><p>In line with that, it's strongly advisable to build a position involving a leveraged ETF over time. Indeed, it's likely going to be a relatively short time, in order to match the "hit the iron while it's hot" concept. Still, it's better to 'hit' a leveraged 'iron' several times rather than only once or twice.</p><p><b>3) Short-term trading view/mentality</b>: We believe that investors mustn't "get married" with any position, surely not with a leveraged ETF.</p><p>Any position has a (stretched) valuation where it warrants a sale, and when it comes to leveraged ETFs - quick "love affairs" is the name of the game.</p><p>Leveraged ETFs aren't the type of instrument you wish to get older with. They are only suitable for certain times and there's no reason to extend their hospitality for too long.</p><p>Best is to pre-set levels and targets, and once those get fulfilled - kiss the leveraged ETF goodbye. No hard feelings, and no need to shed tears.</p><p><b>4) An exit (including stop loss) strategy</b>:</p><p>Not every encounter we have in life results in a pleasant experience. Some encounters are very enjoyable/profitable, some less, and a few may suck big time.</p><p>The idea is to minimize the latter type and to avoid stretching the former type.</p><p>If it works out quickly - say goodbye quickly.</p><p>If you still wish to examine the relationship - let it be, as long as the examining period doesn't come at the expense of other, possibly better, encounters.</p><p>But if it looks as if there's no future here - there's really no reason to stick around. Cut your losses and move on.</p><p>Obviously, easier said (or written) than done, but here's an example of all the trades we suggested involving SOXL, one of the leveraged ETF we were active with this year on both LONG and SHORT fronts.</p><p><img src=\"https://static.tigerbbs.com/c0fceeac15e08c937192dbffd184eb9a\" tg-width=\"635\" tg-height=\"515\" referrerpolicy=\"no-referrer\"/>I don't think we had perfect timing, but we did have pretty good timing.</p><p>More importantly, we had a high conviction [Note: different times = different directions!], we surely had/have a short-term trading view/mentality, and we certainly didn't/don't fall in love with the position - be it a LONG or a SHORT one.</p><p>Last but not least, keep in mind that we use leveraged ETFs as part of our HEDGING strategy, which means that there are LONG positions (we wish to protect) against the SHORT positions (if and when we open such positions).</p><p>This isn't something we suggest the average investor do without having the necessary ingredients (knowledge, experience, guts/risk aversion) and tools (risk analysis, portfolio management, modeling) to support such an activity.</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>SQQQ, TQQQ: Leveraged ETFs Can Be A (Short-Term) Home Run Or A (Long-Term) Loaded Gun</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSQQQ, TQQQ: Leveraged ETFs Can Be A (Short-Term) Home Run Or A (Long-Term) Loaded Gun\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-30 23:21 GMT+8 <a href=https://seekingalpha.com/article/4561075-sqqq-tqqq-leveraged-etfs-home-run-or-loaded-gun><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryLeveraged ETFs are explosive securities with the ability/potential to give your portfolio a big boost ('home run') or to cause severe damage ('loaded gun').'Home run' allows the batter (...</p>\n\n<a href=\"https://seekingalpha.com/article/4561075-sqqq-tqqq-leveraged-etfs-home-run-or-loaded-gun\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TQQQ":"纳指三倍做多ETF","SQQQ":"纳指三倍做空ETF"},"source_url":"https://seekingalpha.com/article/4561075-sqqq-tqqq-leveraged-etfs-home-run-or-loaded-gun","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1106229901","content_text":"SummaryLeveraged ETFs are explosive securities with the ability/potential to give your portfolio a big boost ('home run') or to cause severe damage ('loaded gun').'Home run' allows the batter (investor) to make a complete circuit (whole), and score a big r(et)u(r)n (as well as hedging) for the team (portfolio).'Loaded gun' refers to something dangerous, an accident waiting to happen. Playing (investing) with something (leverage) that shouldn't be messed with.In this article, we try to cover all the bases you may find within the leveraged ETFs pitch, particularly 3x-leveraged NASDAQ-100 and Semiconductor ETFs.PrologueNearly two weeks ago we wrote about 'hedging through shorting', while presenting our short positions in two 3x-leveraged ETFs: ProShares UltraPro QQQ ETF (NASDAQ:TQQQ) and Direxion Daily Semiconductor 3x Bull Shares ETF (SOXL).In this article, we wish to remain within the same theme (hedging through shorting) and elaborate on this topic, particularly touching upon two very important aspects that are (not only related but) crucial to the theme:1) Leveraged ETFs (in general): Buy vs. Sell, Pros and Cons, Risk and Reward.2) Live demonstration of how leveraged ETFs' mechanics work (or don't work...): Specific examples using two pairs of growth/tech leveraged ETFs:Big Tech: ProShares UltraPro QQQ (TQQQ) vs ProShares UltraPro Short QQQ (NASDAQ:SQQQ)Semiconductors: Direxion Daily Semiconductor 3X Bull Shares ETF (SOXL) vs Direxion Daily Semiconductor 3X Bear Shares ETF (SOXS)Leveraged ETFs - Key FeaturesBuy vs SellThis is likely the most important aspect to keep in mind.Since leveraged ETFs use options/derivatives to achieve the magnifying element (leveraging) - any leveraged ETF, by definition, suffers from time decay, aka \"Theta\".Time decay is a measure of the rate of decline in the value of an options contract due to the passage of time. Time decay accelerates as an option's time to expiration draws closer since there's less time to realize a profit from the trade. - [Source]What you need to know:1. The closer an option is to its expiry date - the more rapidly it's losing money (to time decay).2. An \"At The Money\" (\"ATM\") option will receive the biggest premium at the start, but will lose the most, at an accelerating pace, towards the end.3. An \"In The Money\" (\"ITM\") option will receive the smallest premium at the start, and it will lose that premium, at a fairly steady pace, along its life.From a pure Theta perspective, it's categorically better to sell a leveraged ETF than to buy one, because the (loss of) time decay is working in the investor's favor.Pros and ConsLeveraged ETFs are risky instruments.Therefore, there are certain features one must be aware of, and there are certain rules one would be better off adhering to.Leverage (of a benchmark)Principally, all leveraged ETFs are aiming to amplify the return of a non-leveraged instrument, usually an index. For example:It's important to remain within one's comfort zone, and to ensure that the use of a leveraged ETF fits the investor's profile, needs, and risk aversion.VolatilityLooking at the 30-Day Rolling Volatility, you can see that the leverage is amplifying not only the return, but also the volatility. A 3x-leveraged ETF is 3x as volatile as the benchmark it's looking to copy.Semis:Tech:Daily performanceThis is one of the features many investors miss or fail to understand.Leveraged ETFs are trying to mimic the daily performance of a certain benchmark. As such, when you look at the daily (or short-term for that matter) performance - the leveraged ETF is likely to show a very/fairly close return to the leverage it offers (be it a long or a short mechanism). For example:Semis' 1-day price change: Daily returns of SOXL and SOXS are about +3x and -3x, respectively, the daily return of SOXX.Tech's 1-day price change: Daily returns of TQQQ and SQQQ are about +3x and -3x, respectively, the daily return of QQQ.Nonetheless, if we move to a longer period, say 2022, the math isn't as straight as it's when we look at the short-term.Semis' YTD price change: YTD returns of SOXL and SOXS are about +2.65x and -0.07x, respectively, the YTD return of SOXX.Tech's YTD price change: YTD returns of TQQQ and SQQQ are about +2.61x and -2.87x [=(52.59+28.13)/-28.13], respectively, the daily return of QQQ.Over time, and assuming the benchmark/index doesn't move in a (fairly) straight line - the performance of a leveraged ETF may differ significantly from the performance of the underlying benchmark.Risk and RewardPhenomenal/Horrendous Total ReturnsFirst and foremost, as you may well understand, the main risk is the (quite reasonable) scenario of losing a lot of money, quickly.Of course, there's always the flip-side of that coin, and leveraged ETFs may also deliver significant returns (during short periods).If \"Timing is Everything\", generally speaking, it's even more crucial when it comes to buying leveraged ETFs. One must have a high conviction, a near-perfect timing, a short-term trading view/mentality, and an exit (including stop loss) strategy. [We elaborate on these elements at the end of this article.]Below you can see the total returns of the leveraged ETFs we focus on during two very different periods.1) Bear Market: Total Return since Dec. 27, 2021Semis:Tech:Clearly, there's a lot of money to be lost (or made) during a bear market with any instrument, let alone 3x-leveraged ETFs. While the benchmarks (SOXX, QQQ) have lost ~30%, the ultra long ETFs (SOXL, TQQQ) have lost over 3/4 of their value, and the ultra short ETFs (SOXS, SQQQ) have actually gained.Pay attention to the divergence between SOXS (a gain of only 4.5%) and SQQQ (a gain of 59.3%), a result of the recent speedy recovery of Semis (relative to Tech) in recent weeks.2) Bull Market: Total Return from Mar. 23, 2020 to Dec. 27, 2021Semis:Tech:Clearly, there's a lot of money to be lost (or made) during a bull market with any instrument, let alone 3x-leveraged ETFs. While the benchmarks (SOXX, QQQ) have gained low triple-digit %, the ultra long ETFs (SOXL, TQQQ) have delivered stunning returns. At the same time, the ultra short ETFs (SOXS, SQQQ) have practically vanished, leaving investors with (nearly) nothing out of their initial investments.The Longer the Tenure - the Higher the Risk of Losing BigSecondly, and regardless of the (bull or bear) type of market we're in and/or the total return over a certain period, leveraged ETFs are guaranteed to lose value over time. Putting it differently, the longer you stick to these instruments - the higher the odds of a significant drawdown.Below you can see how deep is the decline that leveraged ETFs have (thus may) suffered from (% off-high) over different tenures.3 years: While the long versions (SOXL, TQQQ) have lost 75%-80%, the short versions (SOXS, SQQQ) have lost nearly their entire value.10 years: While the long versions (SOXL, TQQQ) have lost 75%-80%, the short versions (SOXS, SQQQ) have lost nearly their entire value.Although the past decade can definitely be described as a bull market (overall), leveraged ETFs have been hammered, no matter whether they were long or short the underlying benchmarks.This, once again, proves that these instruments can't be held (long position) over the long run. You can be long, but not for too long.\"The Road is Long With Many a Winding Turn\" [Source]Finally, it's important to understand that both time and slope play a major role in determining the return, therefore worthiness, of trading a leveraged ETF.It's very unlikely, almost impossible, for your long (short) leveraged ETF position to deliver a return equal to the (inverse) return of the underlying, non-leveraged, benchmark.To explain this, let's use the S&P 500 and its +/-1/2/3 leveraged versions.Naturally, the 2x- (SSO, SDS) and 3x- (SPXL, SPXU) leveraged versions are 2x and 3x as volatile as the non-leveraged versions (SPY, SH).But does the extra volatility usually/automatically translate into higher returns? Not necessarily.YTD: While the returns of the long versions (SPY, SSO, SPXL) make sense (from a leverage/volatility perspective), those of the short versions (SH, SDS, SPXS) don't.As a matter of fact, the 2x-leveraged SDS and the 3x-leveraged SPXS have delivered nearly the same total returns. If so, why would one pick the more risky SPXS over the less risky SDS!?3-Year: The 2x-leveraged SSO has returned twice as much as the 3x-leveraged SPXL. Moreover, the non-leveraged SPY is only ~4.4% short of SSO's total return.In both cases, the extra risk (volatility) hasn't resulted in a better performance; quite the contrary.5-Year: Once again, the 2x-leveraged SSO has returned more than the 3x-leveraged SPXL. Moreover, the 2x-leveraged SDS hasn't performed a lot better than the 3x-leveraged SPXS.10-Year: The short ETFs, whether leveraged or not, got battered. The long ETFs, however, are looking as good as how you wish a leveraged ETF (that you buy) to be.SPXL and SSO have returned more than 4x and ~2.5x, respectively, what SPY has.Macro Trading Factory - Trading AlertsHere is some of the information that we posted when we issued the most recent trading alerts (\"TAs\") to our subscribers.We are happy to share this information here, as we believe it's relevant and allows for a better understanding of the topic.TA dated Nov. 14, 2022:These TAs were discussed and explained in the piece that we've published Nov. 14.The main message: With the SPX reaching the 4000 mark, we wish to employ some anti-tech/growth hedging again, and by doing so we're (once again) reducing our net long exposure (back to the low 60s% area).Recall that there are two pairs we're referring to:Direxion Daily Semiconductor 3X Bull Shares ETF (SOXL) vs. Direxion Daily Semiconductor 3X Bear Shares ETF (SOXS) >>> We're shorting SOXL, but one may buy SOXS for a similar (though not equivalent) effect.ProShares UltraPro QQQ (TQQQ) vs ProShares UltraPro Short QQQ (SQQQ) >>> We're shorting TQQQ, but one may buy SQQQ for a similar (though not equivalent) effect.Key points to keep in mind:Total Assets Under Management:The 3x-bullish ETFs (SOXL, TQQQ) are attracting a lot more money than their 3x-bearish counterparts (SOXS, SQQQ).Having said that, last week no less than $658M was funneled into SQQQ. Per Bloomberg, that’s the largest-ever inflow for a product that aims to deliver 3x the opposite performance of the US benchmark for major technology companies.When looking at the Daily Price Change the movements are fairly close in absolute terms, i.e. SOXL is moving like SOXS and TQQQ is moving like SQQQ.Nevertheless, things are changing over time.The longer the period - the greater the (potential) divergence.It's not guaranteed, but shorting the 3x-bullish ETFs is likely to deliver a better return than buying the 3x-bearish ETFs.TA dated Nov. 15, 2022:Nothing to add to what we wrote Nov. 14, but still - we would like to show you how even the technical analysis supports the fundamentals and risk aversion mode we see ahead.Recall that it's not advisable to do technical analysis using leveraged instruments. Leverage is just a \"wrapper\" not the base \"package\" which is the non-leveraged instrument.Having that in mind, here are the two, relevant, non-leveraged instruments on which we conduct some technical analysis. [Note that they're very similar in terms of nature and the message they deliver.]SOXX is currently hitting (or just about to hit) three resistance levels:200-DMALong-term down-trending red lineShort-term (horizontal) green lineQQQ is coming close to hit three resistance levels:200-DMALong-term down-trending red lineShort-term (horizontal) green lineEpilogueA leveraged ETF can be your best friend when you get the direction and timing right, but it can be your worst nightmare when you get the direction and timing wrong.We hope that through this article, we've managed to assist you with better understanding the Dr. Jekyll ('Home Run') and Mr. Hyde ('Loaded Gun') natures (characteristics) of these instruments.As we mentioned above, when buying a leveraged ETF, it's very important to keep the pros and cons, risk and reward, in mind but it's not enough. In addition to all these attributes, one musts also have the following:1) High Conviction: Buying a leveraged ETF requires a higher-than-usual conviction, in line with the significantly higher volatility. \"Feeling good\" about the upside potential of an investing idea isn't enough and an in-depth analysis regarding the downside risk is key.If we believe the downside risk of the underlying (non-leveraged) to be significant (usually 20%), we're less likely to move in, even if the upside is way more significant.Unlike a non-leveraged security that we may buy (if the risk/reward is very attractive) even if the downside risk is significant, when it comes to a leveraged ETF downside risk rules (overcoming the risk/reward profile, no matter how attractive the latter is).2) Near-perfect timing: It's very hard to find the \"right moment\", surely the \"perfect timing\". The latter is based on pure luck and only retrospectively we are in position to know whether our timing was good or not.Therefore, when we say \"near perfect timing\" we actually refer to maximum hesitation and patience. Take your time, don't rush, and let the stabilization, consolidation, and/or capitulation periods show their pretty, and more important: less risky, face.In line with that, it's strongly advisable to build a position involving a leveraged ETF over time. Indeed, it's likely going to be a relatively short time, in order to match the \"hit the iron while it's hot\" concept. Still, it's better to 'hit' a leveraged 'iron' several times rather than only once or twice.3) Short-term trading view/mentality: We believe that investors mustn't \"get married\" with any position, surely not with a leveraged ETF.Any position has a (stretched) valuation where it warrants a sale, and when it comes to leveraged ETFs - quick \"love affairs\" is the name of the game.Leveraged ETFs aren't the type of instrument you wish to get older with. They are only suitable for certain times and there's no reason to extend their hospitality for too long.Best is to pre-set levels and targets, and once those get fulfilled - kiss the leveraged ETF goodbye. No hard feelings, and no need to shed tears.4) An exit (including stop loss) strategy:Not every encounter we have in life results in a pleasant experience. Some encounters are very enjoyable/profitable, some less, and a few may suck big time.The idea is to minimize the latter type and to avoid stretching the former type.If it works out quickly - say goodbye quickly.If you still wish to examine the relationship - let it be, as long as the examining period doesn't come at the expense of other, possibly better, encounters.But if it looks as if there's no future here - there's really no reason to stick around. Cut your losses and move on.Obviously, easier said (or written) than done, but here's an example of all the trades we suggested involving SOXL, one of the leveraged ETF we were active with this year on both LONG and SHORT fronts.I don't think we had perfect timing, but we did have pretty good timing.More importantly, we had a high conviction [Note: different times = different directions!], we surely had/have a short-term trading view/mentality, and we certainly didn't/don't fall in love with the position - be it a LONG or a SHORT one.Last but not least, keep in mind that we use leveraged ETFs as part of our HEDGING strategy, which means that there are LONG positions (we wish to protect) against the SHORT positions (if and when we open such positions).This isn't something we suggest the average investor do without having the necessary ingredients (knowledge, experience, guts/risk aversion) and tools (risk analysis, portfolio management, modeling) to support such an activity.","news_type":1},"isVote":1,"tweetType":1,"viewCount":704,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9984669126,"gmtCreate":1667617474466,"gmtModify":1676537945457,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9984669126","repostId":"9984617640","repostType":1,"isVote":1,"tweetType":1,"viewCount":591,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931208315,"gmtCreate":1662461156537,"gmtModify":1676537064969,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931208315","repostId":"2265058050","repostType":2,"repost":{"id":"2265058050","kind":"highlight","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":1662454463,"share":"https://ttm.financial/m/news/2265058050?lang=&edition=fundamental","pubTime":"2022-09-06 16:54","market":"us","language":"en","title":"Tech Workers Left Hanging As Sea E-Commerce Arm Shopee Rescinds Job Offers","url":"https://stock-news.laohu8.com/highlight/detail?id=2265058050","media":"Reuters","summary":"Southeast Asia's largest e-commerce firm Shopee has rescinded dozens of job offers in the past two w","content":"<html><head></head><body><p>Southeast Asia's largest e-commerce firm Shopee has rescinded dozens of job offers in the past two weeks, sources said, a move that began shortly after parent company <a href=\"https://laohu8.com/S/SE\">Sea Ltd</a> reported widening losses and sharply slower revenue growth.</p><p>Four people interviewed by Reuters who have participated in a WeChat group of some 60 people that was set up to discuss Shopee's withdrawal of offers said their offers were pulled just days before they were due to begin work.</p><p>One 27-year-old engineer who asked that only his first name Wang be used said his call came a week after arriving in Singapore, having quit a job in Shanghai with TikTok owner Bytedance.</p><p>"I thought it was a scam call ... until I realised it was a widespread rescinding of offers by Shopee," said Wang, who had by then paid an advance to rent a house.</p><p>Singapore-based Sea said it had recently cancelled some offers at Shopee but declined to say how many.</p><p>"Due to adjustments to hiring plans on some tech teams, a number of roles at Shopee are no longer available. We are working closely to support those affected," a company representative said.</p><p>The move follows other recent job cuts at Sea. Staff at Booyah!, a gaming livestream app, which is part of Sea's gaming unit Garena, were told they would be let go and the app would no longer be updated, separate sources have told Reuters, adding that projects at Sea's development unit were also shut down.</p><p>Earlier this year, media reports also said Shopee had shed headcount in Southeast Asia, Mexico and Latin America. Shopee declined to comment on those reports.</p><p><b>PESSIMISTIC TONE</b></p><p>As recently as March, Sea said it would continue to invest in Shopee, which competes with Alibaba Group Holding's Southeast Asian arm Lazada, and that growth for the unit remained at the top of its mind.</p><p>But last month, Sea withdrew its e-commerce forecast for the year. Founder and CEO Forrest Li noted an increasingly uncertain market environment and stressed the need to prioritise profitability and efficiency. Sea reported a net loss of $931 million in the second quarter, more than double the loss it made in the same period a year earlier.</p><p>"Their tone has never been more pessimistic," said Ke Yan, lead analyst at Singapore-based DZT Research, who added that Sea's strategy of using Garena's cash flow to compensate for Shopee's cash burn was unsustainable.</p><p>Sea's handling of the layoffs was "ugly and embarrassing" and likely to hurt its reputation, he said.</p><p>Sea saw its market value soar to more than $200 billion last October as its Garena unit surged in popularity during the pandemic but its shares have tumbled since then and are now worth just $27 billion.</p><p>Singapore's Ministry of Manpower said relevant authorities were aware of complaints about Shopee and it was in touch with the company to find out more, but it also said in such situations the parties should work out an amicable solution in good faith.</p><p>The four people interviewed by Reuters said that as compensation Shopee has offered a month's salary and in cases where people have flown from abroad, it will reimburse the cost of flight tickets and temporary accommodation.</p><p>While the potential for legal action has been discussed in the WeChat Group, those left hanging by Shopee are most concerned with finding new work.</p><p>"The cost of taking legal action is too high. I just want to move on and find a new job," said <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the four people interviewed by Reuters who declined to be identified.</p><p>For his part, Wang wants to continue his job search in Singapore.</p><p>"The cost of returning to China is too huge, it is very hard to find a new job given the economic situation there," he said.</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>Tech Workers Left Hanging As Sea E-Commerce Arm Shopee Rescinds Job Offers</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\">\nTech Workers Left Hanging As Sea E-Commerce Arm Shopee Rescinds Job Offers\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\">2022-09-06 16:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Southeast Asia's largest e-commerce firm Shopee has rescinded dozens of job offers in the past two weeks, sources said, a move that began shortly after parent company <a href=\"https://laohu8.com/S/SE\">Sea Ltd</a> reported widening losses and sharply slower revenue growth.</p><p>Four people interviewed by Reuters who have participated in a WeChat group of some 60 people that was set up to discuss Shopee's withdrawal of offers said their offers were pulled just days before they were due to begin work.</p><p>One 27-year-old engineer who asked that only his first name Wang be used said his call came a week after arriving in Singapore, having quit a job in Shanghai with TikTok owner Bytedance.</p><p>"I thought it was a scam call ... until I realised it was a widespread rescinding of offers by Shopee," said Wang, who had by then paid an advance to rent a house.</p><p>Singapore-based Sea said it had recently cancelled some offers at Shopee but declined to say how many.</p><p>"Due to adjustments to hiring plans on some tech teams, a number of roles at Shopee are no longer available. We are working closely to support those affected," a company representative said.</p><p>The move follows other recent job cuts at Sea. Staff at Booyah!, a gaming livestream app, which is part of Sea's gaming unit Garena, were told they would be let go and the app would no longer be updated, separate sources have told Reuters, adding that projects at Sea's development unit were also shut down.</p><p>Earlier this year, media reports also said Shopee had shed headcount in Southeast Asia, Mexico and Latin America. Shopee declined to comment on those reports.</p><p><b>PESSIMISTIC TONE</b></p><p>As recently as March, Sea said it would continue to invest in Shopee, which competes with Alibaba Group Holding's Southeast Asian arm Lazada, and that growth for the unit remained at the top of its mind.</p><p>But last month, Sea withdrew its e-commerce forecast for the year. Founder and CEO Forrest Li noted an increasingly uncertain market environment and stressed the need to prioritise profitability and efficiency. Sea reported a net loss of $931 million in the second quarter, more than double the loss it made in the same period a year earlier.</p><p>"Their tone has never been more pessimistic," said Ke Yan, lead analyst at Singapore-based DZT Research, who added that Sea's strategy of using Garena's cash flow to compensate for Shopee's cash burn was unsustainable.</p><p>Sea's handling of the layoffs was "ugly and embarrassing" and likely to hurt its reputation, he said.</p><p>Sea saw its market value soar to more than $200 billion last October as its Garena unit surged in popularity during the pandemic but its shares have tumbled since then and are now worth just $27 billion.</p><p>Singapore's Ministry of Manpower said relevant authorities were aware of complaints about Shopee and it was in touch with the company to find out more, but it also said in such situations the parties should work out an amicable solution in good faith.</p><p>The four people interviewed by Reuters said that as compensation Shopee has offered a month's salary and in cases where people have flown from abroad, it will reimburse the cost of flight tickets and temporary accommodation.</p><p>While the potential for legal action has been discussed in the WeChat Group, those left hanging by Shopee are most concerned with finding new work.</p><p>"The cost of taking legal action is too high. I just want to move on and find a new job," said <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the four people interviewed by Reuters who declined to be identified.</p><p>For his part, Wang wants to continue his job search in Singapore.</p><p>"The cost of returning to China is too huge, it is very hard to find a new job given the economic situation there," he said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2265058050","content_text":"Southeast Asia's largest e-commerce firm Shopee has rescinded dozens of job offers in the past two weeks, sources said, a move that began shortly after parent company Sea Ltd reported widening losses and sharply slower revenue growth.Four people interviewed by Reuters who have participated in a WeChat group of some 60 people that was set up to discuss Shopee's withdrawal of offers said their offers were pulled just days before they were due to begin work.One 27-year-old engineer who asked that only his first name Wang be used said his call came a week after arriving in Singapore, having quit a job in Shanghai with TikTok owner Bytedance.\"I thought it was a scam call ... until I realised it was a widespread rescinding of offers by Shopee,\" said Wang, who had by then paid an advance to rent a house.Singapore-based Sea said it had recently cancelled some offers at Shopee but declined to say how many.\"Due to adjustments to hiring plans on some tech teams, a number of roles at Shopee are no longer available. We are working closely to support those affected,\" a company representative said.The move follows other recent job cuts at Sea. Staff at Booyah!, a gaming livestream app, which is part of Sea's gaming unit Garena, were told they would be let go and the app would no longer be updated, separate sources have told Reuters, adding that projects at Sea's development unit were also shut down.Earlier this year, media reports also said Shopee had shed headcount in Southeast Asia, Mexico and Latin America. Shopee declined to comment on those reports.PESSIMISTIC TONEAs recently as March, Sea said it would continue to invest in Shopee, which competes with Alibaba Group Holding's Southeast Asian arm Lazada, and that growth for the unit remained at the top of its mind.But last month, Sea withdrew its e-commerce forecast for the year. Founder and CEO Forrest Li noted an increasingly uncertain market environment and stressed the need to prioritise profitability and efficiency. Sea reported a net loss of $931 million in the second quarter, more than double the loss it made in the same period a year earlier.\"Their tone has never been more pessimistic,\" said Ke Yan, lead analyst at Singapore-based DZT Research, who added that Sea's strategy of using Garena's cash flow to compensate for Shopee's cash burn was unsustainable.Sea's handling of the layoffs was \"ugly and embarrassing\" and likely to hurt its reputation, he said.Sea saw its market value soar to more than $200 billion last October as its Garena unit surged in popularity during the pandemic but its shares have tumbled since then and are now worth just $27 billion.Singapore's Ministry of Manpower said relevant authorities were aware of complaints about Shopee and it was in touch with the company to find out more, but it also said in such situations the parties should work out an amicable solution in good faith.The four people interviewed by Reuters said that as compensation Shopee has offered a month's salary and in cases where people have flown from abroad, it will reimburse the cost of flight tickets and temporary accommodation.While the potential for legal action has been discussed in the WeChat Group, those left hanging by Shopee are most concerned with finding new work.\"The cost of taking legal action is too high. I just want to move on and find a new job,\" said one of the four people interviewed by Reuters who declined to be identified.For his part, Wang wants to continue his job search in Singapore.\"The cost of returning to China is too huge, it is very hard to find a new job given the economic situation there,\" he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":669,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9994336381,"gmtCreate":1661563713347,"gmtModify":1676536541865,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994336381","repostId":"9995566845","repostType":1,"repost":{"id":9995566845,"gmtCreate":1661482882141,"gmtModify":1676536528389,"author":{"id":"4102740236684050","authorId":"4102740236684050","name":"MaverickWealthBuilder","avatar":"https://community-static.tradeup.com/news/bbf0f514b8e5abb92266789b89f6e1e6","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4102740236684050","authorIdStr":"4102740236684050"},"themes":[],"title":"A short review on Aug 25th, Any Investment Chance?","htmlText":"1. The Surging <a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a> Pinterest is seeing a 12% gain on Aug.25th Thursday, its biggest rise since a pair of double-digit gains on Aug. 2, the earning day. The reason is the fast rise of an app it recently soft-launched, to build collages that feed creatives' \"mood boards.\"Despite being in invite-only status, Shuffles has already spent some time as the No. 1 Lifestyle app on the U.S. App Store.It might be the effect of \"hunger marketing\".First launched in late July 2022, the app has seen 211,000 iOS downloads worldwide in the month it’s been live — 160,000 of those downloads were in the U.S., data.ai says. Sensor Tower, meanwhile, estimates","listText":"1. The Surging <a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a> Pinterest is seeing a 12% gain on Aug.25th Thursday, its biggest rise since a pair of double-digit gains on Aug. 2, the earning day. The reason is the fast rise of an app it recently soft-launched, to build collages that feed creatives' \"mood boards.\"Despite being in invite-only status, Shuffles has already spent some time as the No. 1 Lifestyle app on the U.S. App Store.It might be the effect of \"hunger marketing\".First launched in late July 2022, the app has seen 211,000 iOS downloads worldwide in the month it’s been live — 160,000 of those downloads were in the U.S., data.ai says. Sensor Tower, meanwhile, estimates","text":"1. The Surging $Pinterest, Inc.(PINS)$ Pinterest is seeing a 12% gain on Aug.25th Thursday, its biggest rise since a pair of double-digit gains on Aug. 2, the earning day. The reason is the fast rise of an app it recently soft-launched, to build collages that feed creatives' \"mood boards.\"Despite being in invite-only status, Shuffles has already spent some time as the No. 1 Lifestyle app on the U.S. App Store.It might be the effect of \"hunger marketing\".First launched in late July 2022, the app has seen 211,000 iOS downloads worldwide in the month it’s been live — 160,000 of those downloads were in the U.S., data.ai says. Sensor Tower, meanwhile, estimates","images":[{"img":"https://community-static.tradeup.com/news/57d3cfa701e86a3640b48ad0bebac705","width":"-1","height":"-1"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995566845","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":701,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9996621623,"gmtCreate":1661165385664,"gmtModify":1676536464954,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996621623","repostId":"9996041116","repostType":1,"repost":{"id":9996041116,"gmtCreate":1661089169838,"gmtModify":1676536451009,"author":{"id":"3574381076586256","authorId":"3574381076586256","name":"KYHBKO","avatar":"https://static.tigerbbs.com/c3bcbc7f9a10836dea92afc94bf39b5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574381076586256","authorIdStr":"3574381076586256"},"themes":[],"title":"Earnings Review of Sea Limited (2022Q2) - 16 Aug 2022 - should we buy at discount or wait a while more? (21Aug22)","htmlText":"Let us look the 2022 Q2 earnings of SEA LIMITED $SE (dated 16th Aug 2022).Sea Limited has the following service offerings: E-Commerce Digital Entertainment Digital Financial Services Yahoo Finance overview of Sea as of 21Aug22Background 52-week low & high of 54.06 & 372.70 the last closed price stood at $67.67 (as of 19 Aug 2022) The market cap of the company is $38.013B The average volume trading volume of the stock is 6.385M On the last day of the week (19 Aug 22), the trading volume stood at 11.22M following days of sell off following the disappointing earnings. Financial results (Q2 2021 vs Q2 2022)Observations (Q2 2021 vs Q2 2022): Overall revenue has increased 29.0% > this is good news. Coming to the revenue, we have the following: Concern that the \"digital entertainm","listText":"Let us look the 2022 Q2 earnings of SEA LIMITED $SE (dated 16th Aug 2022).Sea Limited has the following service offerings: E-Commerce Digital Entertainment Digital Financial Services Yahoo Finance overview of Sea as of 21Aug22Background 52-week low & high of 54.06 & 372.70 the last closed price stood at $67.67 (as of 19 Aug 2022) The market cap of the company is $38.013B The average volume trading volume of the stock is 6.385M On the last day of the week (19 Aug 22), the trading volume stood at 11.22M following days of sell off following the disappointing earnings. Financial results (Q2 2021 vs Q2 2022)Observations (Q2 2021 vs Q2 2022): Overall revenue has increased 29.0% > this is good news. Coming to the revenue, we have the following: Concern that the \"digital entertainm","text":"Let us look the 2022 Q2 earnings of SEA LIMITED $SE (dated 16th Aug 2022).Sea Limited has the following service offerings: E-Commerce Digital Entertainment Digital Financial Services Yahoo Finance overview of Sea as of 21Aug22Background 52-week low & high of 54.06 & 372.70 the last closed price stood at $67.67 (as of 19 Aug 2022) The market cap of the company is $38.013B The average volume trading volume of the stock is 6.385M On the last day of the week (19 Aug 22), the trading volume stood at 11.22M following days of sell off following the disappointing earnings. Financial results (Q2 2021 vs Q2 2022)Observations (Q2 2021 vs Q2 2022): Overall revenue has increased 29.0% > this is good news. Coming to the revenue, we have the following: Concern that the \"digital entertainm","images":[{"img":"https://community-static.tradeup.com/news/532933194da86e0f973565ebec89a452","width":"632","height":"322"},{"img":"https://community-static.tradeup.com/news/ad716b04f59564c932be47e97d9a6847","width":"492","height":"640"},{"img":"https://community-static.tradeup.com/news/c6a4e68cefed5c5736a60ecacdea8339","width":"632","height":"332"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996041116","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":6,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":557,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9990121187,"gmtCreate":1660312332151,"gmtModify":1676533449128,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9990121187","repostId":"9907505559","repostType":1,"repost":{"id":9907505559,"gmtCreate":1660209947500,"gmtModify":1703479120640,"author":{"id":"3501196737273098","authorId":"3501196737273098","name":"Tiger_comments","avatar":"https://community-static.tradeup.com/news/227887b200e9925968650d5db4a8bfb3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3501196737273098","authorIdStr":"3501196737273098"},"themes":[],"title":"CPI 8.5% - Inflation Cools?","htmlText":"July CPI was released yesterday.It rose 8.5% year-on-year in July, better than the market expectation of 8.7% and down from 9.1% last month.Core CPI was 5.9%, beated the expectations of 6.1%.How do CPI segments move?The fall in inflation was mainly affected by declining energy prices, especially oil prices.According to the data, the retail price of gasoline has continued to fall since July, driving the CPI's gasoline price down 7.7% YoY, the largest decline since April 2020. The food price index rose 1.1% in July from a year earlier, and housing costs remained high. Declines in used car prices offset increases in food and rent prices.Different Responses To The Same 8.5%: March vs JulyAlthough July's CPI data on","listText":"July CPI was released yesterday.It rose 8.5% year-on-year in July, better than the market expectation of 8.7% and down from 9.1% last month.Core CPI was 5.9%, beated the expectations of 6.1%.How do CPI segments move?The fall in inflation was mainly affected by declining energy prices, especially oil prices.According to the data, the retail price of gasoline has continued to fall since July, driving the CPI's gasoline price down 7.7% YoY, the largest decline since April 2020. The food price index rose 1.1% in July from a year earlier, and housing costs remained high. Declines in used car prices offset increases in food and rent prices.Different Responses To The Same 8.5%: March vs JulyAlthough July's CPI data on","text":"July CPI was released yesterday.It rose 8.5% year-on-year in July, better than the market expectation of 8.7% and down from 9.1% last month.Core CPI was 5.9%, beated the expectations of 6.1%.How do CPI segments move?The fall in inflation was mainly affected by declining energy prices, especially oil prices.According to the data, the retail price of gasoline has continued to fall since July, driving the CPI's gasoline price down 7.7% YoY, the largest decline since April 2020. The food price index rose 1.1% in July from a year earlier, and housing costs remained high. Declines in used car prices offset increases in food and rent prices.Different Responses To The Same 8.5%: March vs JulyAlthough July's CPI data on","images":[{"img":"https://community-static.tradeup.com/news/b00b00d57c5d5d25079a9ddecc7695d5","width":"1173","height":"741"},{"img":"https://community-static.tradeup.com/news/1cfbbb50c30c567f7e96192f1e3b24e0","width":"714","height":"767"},{"img":"https://community-static.tradeup.com/news/0a874eb8d21b5a0886ed1197f6b6e1a5","width":"2000","height":"1149"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9907505559","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9903147613,"gmtCreate":1658991902332,"gmtModify":1676536240856,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9903147613","repostId":"2254385381","repostType":4,"repost":{"id":"2254385381","kind":"highlight","pubTimestamp":1658980821,"share":"https://ttm.financial/m/news/2254385381?lang=&edition=fundamental","pubTime":"2022-07-28 12:00","market":"us","language":"en","title":"U.S. Consumers Are \"Trading Down.\" How to Play It With Options","url":"https://stock-news.laohu8.com/highlight/detail?id=2254385381","media":"Barrons","summary":"American consumers, one of the greatest economic forces in the history of the world, are nervous.Inv","content":"<html><head></head><body><p>American consumers, one of the greatest economic forces in the history of the world, are nervous.</p><p>Investors may be debating whether the economy will fall into a recession as the Federal Reserve normalizes interest rates, but consumers aren’t waiting for an answer. They are changing buying behaviors and trying to save money.</p><p>At the grocery store—a place where inflation is pushing prices sharply higher for everything—store-brand goods are suddenly popular. The same is true for off-brand booze and tobacco.</p><p>This behavioral shift was last seen during the 2008-09 financial crisis. Back then, the “trading down” phenomenon was first spotted when people stopped going to restaurants. They ate at home to save money. Rather than buying rib-eye steaks, they bought skirt steak or chicken to save money. When white-meat chicken became expensive, they shifted to dark meat.</p><p>It is unclear how much of this nascent shift in consumer behavior is priced into stocks or even recognized by investors.</p><p>Many retail stocks are vulnerable and weak. While most everyone knows it’s a great time to get a great deal on outdoor patio furniture, it’s not exactly clear how demand destruction might be rippling through the economy. High gasoline prices are painful in a country that relies on cars and trucks for transportation.</p><p>To get ahead of the trading-down phenomenon, investors could consider a “put-spread collar”— that is,buying a put option and selling another put with the same expiration but a lower strike price, as well as selling a call option—on the Consumer Discretionary Select Sector SPDR exchange-traded fund (ticker: XLY). The ETF comprises a mishmash of companies—including Lowe’s (LOW) and Tesla (TSLA)—that make their money selling stuff people want but don’t always need.</p><p>The ETF’s performance this year has been abysmal. After rallying for the past few weeks, it seems to be struggling to find support. The technical chart shows the stock is curling lower and preparing to give back some, or all, of the 16% rally it has enjoyed since mid-June.</p><p>Aggressive investors are trying to profit off the bearish trading pattern, but it’s worth considering a longer view, too. Should the U.S. economy slow as the Fed raises rates—some companies are warning that they might have to right-size workforces like retailers have right-sized inventory—retail spending could suffer.</p><p>With the ETF at $148.48, investors could consider buying the January $145 put and selling the January $135 put, as well as selling the January $170 call option.</p><p>The put-spread collar is a bearish bet that benefits if the ETF declines to $135. The call sale offsets the cost of the put spread, but if the ETF rallies rather than declines—say, because gas prices sharply decline or consumers will let nothing interfere with their consumption—the call will increase in value. In that event, investors will wish they had not sold it to finance the trade.</p><p>The strategy generates a credit of $1.20. The put-spread collar is worth a maximum of $11.20 if the ETF is at $135 at expiration. During the past 52 weeks, it has ranged from $133.04 to $215.06.</p><p>The January expiration covers the important back-to-school and Christmas shopping seasons, three meetings of the Fed’s rate-setting committee, and countless economic reports. Investors are increasingly using economic data to refine decisions, and it will figure prominently into determinations if the U.S. economy is down and out or just trading down.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Consumers Are \"Trading Down.\" How to Play It With Options</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\">\nU.S. Consumers Are \"Trading Down.\" How to Play It With Options\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-28 12:00 GMT+8 <a href=https://www.barrons.com/articles/us-consumers-economy-stock-options-51658890005><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>American consumers, one of the greatest economic forces in the history of the world, are nervous.Investors may be debating whether the economy will fall into a recession as the Federal Reserve ...</p>\n\n<a href=\"https://www.barrons.com/articles/us-consumers-economy-stock-options-51658890005\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HD":"家得宝","LOW":"劳氏","BBY":"百思买","WMT":"沃尔玛","M":"梅西百货","TSLA":"特斯拉","ROST":"罗斯百货有限公司","TGT":"塔吉特","COST":"好市多","XLY":"消费品指数ETF-SPDR可选消费品"},"source_url":"https://www.barrons.com/articles/us-consumers-economy-stock-options-51658890005","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2254385381","content_text":"American consumers, one of the greatest economic forces in the history of the world, are nervous.Investors may be debating whether the economy will fall into a recession as the Federal Reserve normalizes interest rates, but consumers aren’t waiting for an answer. They are changing buying behaviors and trying to save money.At the grocery store—a place where inflation is pushing prices sharply higher for everything—store-brand goods are suddenly popular. The same is true for off-brand booze and tobacco.This behavioral shift was last seen during the 2008-09 financial crisis. Back then, the “trading down” phenomenon was first spotted when people stopped going to restaurants. They ate at home to save money. Rather than buying rib-eye steaks, they bought skirt steak or chicken to save money. When white-meat chicken became expensive, they shifted to dark meat.It is unclear how much of this nascent shift in consumer behavior is priced into stocks or even recognized by investors.Many retail stocks are vulnerable and weak. While most everyone knows it’s a great time to get a great deal on outdoor patio furniture, it’s not exactly clear how demand destruction might be rippling through the economy. High gasoline prices are painful in a country that relies on cars and trucks for transportation.To get ahead of the trading-down phenomenon, investors could consider a “put-spread collar”— that is,buying a put option and selling another put with the same expiration but a lower strike price, as well as selling a call option—on the Consumer Discretionary Select Sector SPDR exchange-traded fund (ticker: XLY). The ETF comprises a mishmash of companies—including Lowe’s (LOW) and Tesla (TSLA)—that make their money selling stuff people want but don’t always need.The ETF’s performance this year has been abysmal. After rallying for the past few weeks, it seems to be struggling to find support. The technical chart shows the stock is curling lower and preparing to give back some, or all, of the 16% rally it has enjoyed since mid-June.Aggressive investors are trying to profit off the bearish trading pattern, but it’s worth considering a longer view, too. Should the U.S. economy slow as the Fed raises rates—some companies are warning that they might have to right-size workforces like retailers have right-sized inventory—retail spending could suffer.With the ETF at $148.48, investors could consider buying the January $145 put and selling the January $135 put, as well as selling the January $170 call option.The put-spread collar is a bearish bet that benefits if the ETF declines to $135. The call sale offsets the cost of the put spread, but if the ETF rallies rather than declines—say, because gas prices sharply decline or consumers will let nothing interfere with their consumption—the call will increase in value. In that event, investors will wish they had not sold it to finance the trade.The strategy generates a credit of $1.20. The put-spread collar is worth a maximum of $11.20 if the ETF is at $135 at expiration. During the past 52 weeks, it has ranged from $133.04 to $215.06.The January expiration covers the important back-to-school and Christmas shopping seasons, three meetings of the Fed’s rate-setting committee, and countless economic reports. Investors are increasingly using economic data to refine decisions, and it will figure prominently into determinations if the U.S. economy is down and out or just trading down.","news_type":1},"isVote":1,"tweetType":1,"viewCount":714,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9078591618,"gmtCreate":1657709094934,"gmtModify":1676536049268,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9078591618","repostId":"9078866198","repostType":1,"repost":{"id":9078866198,"gmtCreate":1657671292014,"gmtModify":1676536042576,"author":{"id":"4091149308162930","authorId":"4091149308162930","name":"Terrancewong","avatar":"https://static.tigerbbs.com/08a94d9110a7a72b1c75b04a52e4f0fc","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4091149308162930","authorIdStr":"4091149308162930"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CFA.SI\">$NikkoAM-STC Asia REIT(CFA.SI)$</a>[Happy] ","listText":"<a href=\"https://ttm.financial/S/CFA.SI\">$NikkoAM-STC Asia REIT(CFA.SI)$</a>[Happy] ","text":"$NikkoAM-STC Asia REIT(CFA.SI)$[Happy]","images":[{"img":"https://community-static.tradeup.com/news/03e63aa2c0633680daffab8c3026edf0","width":"1125","height":"1761"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9078866198","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":519,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9073238312,"gmtCreate":1657344589036,"gmtModify":1676535995888,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9073238312","repostId":"1106697268","repostType":4,"repost":{"id":"1106697268","kind":"news","pubTimestamp":1657337354,"share":"https://ttm.financial/m/news/1106697268?lang=&edition=fundamental","pubTime":"2022-07-09 11:29","market":"hk","language":"en","title":"NIO: June Deliveries Show Growth Making A Comeback","url":"https://stock-news.laohu8.com/highlight/detail?id=1106697268","media":"Seeking Alpha","summary":"SummaryAfter months of weakness, NIO’s deliveries soared back strongly in June.ET7 sedan deliveries increased 155.7% month over month and now represent a third of all of NIO's product deliveries.ET5 a","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>After months of weakness, NIO’s deliveries soared back strongly in June.</li><li>ET7 sedan deliveries increased 155.7% month over month and now represent a third of all of NIO's product deliveries.</li><li>ET5 and ET7 production are set to exceed volume production of the ES6 this year.</li></ul><p>NIO's (NYSE:NIO) first-quarter production and delivery performance was greatly impacted by a variety of factors, including Chinese holidays and COVID-related shutdowns that limited factory output levels. In June, however, NIO experienced a surge in deliveries due to factories coming back online and accelerating demand for NIO’s first sedan product, the ET7. While COVID-19 shutdowns remain a significant risk factor going forward, a recovery in delivery volumes could drive an upwards revaluation of NIO’s shares.</p><p><b>Why NIO’s growth will be determined by sedan production going forward</b></p><p>NIO submitted its delivery card for June last week which revealed that the electric vehicle manufacturer delivered 12,961 electric vehicles, showing 60.3% year-over-year growth. On a month-over-month basis, NIO’s deliveries increased a massive 84.5% which was the fastest growth rate when compared against rival companies XPeng (XPEV) and Li Auto (LI). XPeng's month-over-month delivery growth rate was 51.1% while Li Auto saw 13.3% month-over-month growth.</p><p>XPeng, which currently has the fastest year-over-year delivery growth of the Top Three electric vehicle manufacturers delivered the most EVs last month: 15,295, showing 133% growth. Li Auto delivered 13,024 Li ONE sport utility vehicles in June, showing 68.9% year-over-year growth.</p><table><tbody><tr><td><p>Deliveries</p></td><td><p>April</p></td><td><p>April Y/Y Growth</p></td><td><p>May</p></td><td><p>May Y/Y Growth</p></td><td><p>June</p></td><td><p>June Y/Y Growth</p></td></tr><tr><td><p>NIO</p></td><td><p>5,074</p></td><td><p>-28.6%</p></td><td><p>7,024</p></td><td><p>4.7%</p></td><td><p>12,961</p></td><td><p>60.3%</p></td></tr><tr><td><p>XPEV</p></td><td><p>9,002</p></td><td><p>75.0%</p></td><td><p>10,125</p></td><td><p>78.0%</p></td><td><p>15,295</p></td><td><p>133.0%</p></td></tr><tr><td><p>LI</p></td><td><p>4,167</p></td><td><p>-24.8%</p></td><td><p>11,496</p></td><td><p>165.9%</p></td><td><p>13,024</p></td><td><p>68.9%</p></td></tr></tbody></table><p>(Source: Author)</p><p>NIO’s delivery card for June contained further evidence that sedan products are going to be NIO’s future. The electric vehicle company delivered 5,100 ES6s, 1,828 EC6s and 1,684 ES8s which are all sport utility vehicles. Additionally, NIO delivered a massive 4,349 ET7s, the firm’s first sedan product that started to sell in China only in March.</p><p>NIO’s delivery growth in June has been driven by two models especially: The ET7 which has seen month-over-month delivery growth of a massive 154.8% and the ES6 which saw a delivery increase of 73.7% on a monthly basis. NIO’s ES6 model still has the largest delivery share (currently 39.3%) and NIO produces by far the largest number of SUVs in the ES6 product line. But because of the surge in demand for electric vehicle sedans, going forward, the ET7 is set to replace NIO’s ES6 as the most important vehicle in NIO’s product portfolio. With NIO’s ET5 deliveries expected to start in September, the electric vehicle start-up could generate about half of its deliveries and sales from sedans, not SUVs, by year-end.</p><p>The share of ET7 deliveries has consistently increased throughout the second-quarter as well: in April, May and June, the delivery shares of the ET7 were 13.7%, 24.3% and 33.6%. Considering that NIO will add sedan volume through the ET5, especially in the fourth quarter, sedan deliveries are likely going to be the biggest driver for NIO’s delivery growth in the second half of 2022 and beyond.</p><p><b>NIO has long-term potential, but short-term setbacks should be expected</b></p><p>NIO’s valuation today is much cheaper than a year ago. During the pandemic, shares of NIO traded as high as $65. But investors appear to have stopped caring much about NIO’s delivery growth prospects lately which is understandable considering that EV deliveries have slowed down industry-wide in the first quarter. While short-term setbacks have to be expected, especially regarding new COVID-19 outbreaks in China, NIO’s growth prospects are attractive in the long term.</p><p>NIO is expected to grow revenues 60% this year to $9.07B, indicating a price-to-sales ratio of 3.8X. The forward P-S ratio, based on expected sales of $15.96B, implies a P-S ratio of 2.2X and revenue growth of 76%... so the market even expects an acceleration in revenue growth in FY 2023.</p><p><img src=\"https://static.tigerbbs.com/4f8783ef7161e7a0ff94ffa153c81a2a\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><p><b>Risks with NIO</b></p><p>The biggest risk for NIO, as I see it, is a volatile short-term delivery pattern that makes it hard for the market to predict NIO’s delivery potential with any kind of accuracy. COVID-19 shutdowns are still a threat to electric vehicle manufacturers as well because they could impact manufacturing hubs that produce electric vehicles or dampen demand for NIO’s products. Xi’an, a city of 13M, was partially shut down on Wednesday after a few cases of a new COVID-19 variant have been detected. China’s heavy-handed approach to mitigating the spread of COVID-19 and its variants is a big risk for NIO’s delivery potential as well as the stock in the short term. What would change my mind about NIO is if delivery growth slowed down and the firm's sedan ramp started to disappoint.</p><p><b>Final thoughts</b></p><p>NIO’s June ramp in production and deliveries was surprisingly good. The surge in ET7 deliveries is the key take-away for investors, because deliveries started only three months ago and sedans now already account for a third of NIO’s delivery volume. Considering that ET5 deliveries are set to start in September, I believe NIO’s long-term delivery potential, especially in the sedan market, is underrated. However, since NIO faces uncertain short-term delivery prospects due to new COVID-19 outbreaks in China, I have a neutral opinion on NIO.</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>NIO: June Deliveries Show Growth Making A Comeback</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\">\nNIO: June Deliveries Show Growth Making A Comeback\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-09 11:29 GMT+8 <a href=https://seekingalpha.com/article/4522180-nio-growth-is-making-a-comeback?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A58><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAfter months of weakness, NIO’s deliveries soared back strongly in June.ET7 sedan deliveries increased 155.7% month over month and now represent a third of all of NIO's product deliveries.ET5 ...</p>\n\n<a href=\"https://seekingalpha.com/article/4522180-nio-growth-is-making-a-comeback?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A58\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","09866":"蔚来-SW","NIO.SI":"蔚来"},"source_url":"https://seekingalpha.com/article/4522180-nio-growth-is-making-a-comeback?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A58","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106697268","content_text":"SummaryAfter months of weakness, NIO’s deliveries soared back strongly in June.ET7 sedan deliveries increased 155.7% month over month and now represent a third of all of NIO's product deliveries.ET5 and ET7 production are set to exceed volume production of the ES6 this year.NIO's (NYSE:NIO) first-quarter production and delivery performance was greatly impacted by a variety of factors, including Chinese holidays and COVID-related shutdowns that limited factory output levels. In June, however, NIO experienced a surge in deliveries due to factories coming back online and accelerating demand for NIO’s first sedan product, the ET7. While COVID-19 shutdowns remain a significant risk factor going forward, a recovery in delivery volumes could drive an upwards revaluation of NIO’s shares.Why NIO’s growth will be determined by sedan production going forwardNIO submitted its delivery card for June last week which revealed that the electric vehicle manufacturer delivered 12,961 electric vehicles, showing 60.3% year-over-year growth. On a month-over-month basis, NIO’s deliveries increased a massive 84.5% which was the fastest growth rate when compared against rival companies XPeng (XPEV) and Li Auto (LI). XPeng's month-over-month delivery growth rate was 51.1% while Li Auto saw 13.3% month-over-month growth.XPeng, which currently has the fastest year-over-year delivery growth of the Top Three electric vehicle manufacturers delivered the most EVs last month: 15,295, showing 133% growth. Li Auto delivered 13,024 Li ONE sport utility vehicles in June, showing 68.9% year-over-year growth.DeliveriesAprilApril Y/Y GrowthMayMay Y/Y GrowthJuneJune Y/Y GrowthNIO5,074-28.6%7,0244.7%12,96160.3%XPEV9,00275.0%10,12578.0%15,295133.0%LI4,167-24.8%11,496165.9%13,02468.9%(Source: Author)NIO’s delivery card for June contained further evidence that sedan products are going to be NIO’s future. The electric vehicle company delivered 5,100 ES6s, 1,828 EC6s and 1,684 ES8s which are all sport utility vehicles. Additionally, NIO delivered a massive 4,349 ET7s, the firm’s first sedan product that started to sell in China only in March.NIO’s delivery growth in June has been driven by two models especially: The ET7 which has seen month-over-month delivery growth of a massive 154.8% and the ES6 which saw a delivery increase of 73.7% on a monthly basis. NIO’s ES6 model still has the largest delivery share (currently 39.3%) and NIO produces by far the largest number of SUVs in the ES6 product line. But because of the surge in demand for electric vehicle sedans, going forward, the ET7 is set to replace NIO’s ES6 as the most important vehicle in NIO’s product portfolio. With NIO’s ET5 deliveries expected to start in September, the electric vehicle start-up could generate about half of its deliveries and sales from sedans, not SUVs, by year-end.The share of ET7 deliveries has consistently increased throughout the second-quarter as well: in April, May and June, the delivery shares of the ET7 were 13.7%, 24.3% and 33.6%. Considering that NIO will add sedan volume through the ET5, especially in the fourth quarter, sedan deliveries are likely going to be the biggest driver for NIO’s delivery growth in the second half of 2022 and beyond.NIO has long-term potential, but short-term setbacks should be expectedNIO’s valuation today is much cheaper than a year ago. During the pandemic, shares of NIO traded as high as $65. But investors appear to have stopped caring much about NIO’s delivery growth prospects lately which is understandable considering that EV deliveries have slowed down industry-wide in the first quarter. While short-term setbacks have to be expected, especially regarding new COVID-19 outbreaks in China, NIO’s growth prospects are attractive in the long term.NIO is expected to grow revenues 60% this year to $9.07B, indicating a price-to-sales ratio of 3.8X. The forward P-S ratio, based on expected sales of $15.96B, implies a P-S ratio of 2.2X and revenue growth of 76%... so the market even expects an acceleration in revenue growth in FY 2023.Data by YChartsRisks with NIOThe biggest risk for NIO, as I see it, is a volatile short-term delivery pattern that makes it hard for the market to predict NIO’s delivery potential with any kind of accuracy. COVID-19 shutdowns are still a threat to electric vehicle manufacturers as well because they could impact manufacturing hubs that produce electric vehicles or dampen demand for NIO’s products. Xi’an, a city of 13M, was partially shut down on Wednesday after a few cases of a new COVID-19 variant have been detected. China’s heavy-handed approach to mitigating the spread of COVID-19 and its variants is a big risk for NIO’s delivery potential as well as the stock in the short term. What would change my mind about NIO is if delivery growth slowed down and the firm's sedan ramp started to disappoint.Final thoughtsNIO’s June ramp in production and deliveries was surprisingly good. The surge in ET7 deliveries is the key take-away for investors, because deliveries started only three months ago and sedans now already account for a third of NIO’s delivery volume. Considering that ET5 deliveries are set to start in September, I believe NIO’s long-term delivery potential, especially in the sedan market, is underrated. However, since NIO faces uncertain short-term delivery prospects due to new COVID-19 outbreaks in China, I have a neutral opinion on NIO.","news_type":1},"isVote":1,"tweetType":1,"viewCount":802,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9027953209,"gmtCreate":1653961495101,"gmtModify":1676535370041,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"hold","listText":"hold","text":"hold","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9027953209","repostId":"9027044143","repostType":1,"repost":{"id":9027044143,"gmtCreate":1653955658782,"gmtModify":1676535367771,"author":{"id":"4091149308162930","authorId":"4091149308162930","name":"Terrancewong","avatar":"https://static.tigerbbs.com/08a94d9110a7a72b1c75b04a52e4f0fc","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4091149308162930","authorIdStr":"4091149308162930"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CFA.SI\">$NikkoAM-STC Asia REIT(CFA.SI)$</a>[Happy] ","listText":"<a href=\"https://ttm.financial/S/CFA.SI\">$NikkoAM-STC Asia REIT(CFA.SI)$</a>[Happy] ","text":"$NikkoAM-STC Asia REIT(CFA.SI)$[Happy]","images":[{"img":"https://community-static.tradeup.com/news/9051d80b04420b2fa608f703e5ef0bed","width":"1125","height":"1761"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9027044143","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9084679447,"gmtCreate":1650862191289,"gmtModify":1676534805624,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9084679447","repostId":"9084841341","repostType":1,"repost":{"id":9084841341,"gmtCreate":1650850346195,"gmtModify":1676534802886,"author":{"id":"4103367219819260","authorId":"4103367219819260","name":"Yolofomo101","avatar":"https://community-static.tradeup.com/news/31c0903f35d435ea22b519b6e594c6eb","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4103367219819260","authorIdStr":"4103367219819260"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CFA.SI\">$NikkoAM-STC Asia REIT(CFA.SI)$</a>Market red. Time to whack $$","listText":"<a href=\"https://ttm.financial/S/CFA.SI\">$NikkoAM-STC Asia REIT(CFA.SI)$</a>Market red. Time to whack $$","text":"$NikkoAM-STC Asia REIT(CFA.SI)$Market red. Time to whack $$","images":[{"img":"https://community-static.tradeup.com/news/269cbf04073d5914aad0cc31712e950b","width":"1125","height":"2949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9084841341","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":363,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9089625692,"gmtCreate":1649989130646,"gmtModify":1676534623579,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9089625692","repostId":"1143171275","repostType":4,"repost":{"id":"1143171275","kind":"news","pubTimestamp":1649987184,"share":"https://ttm.financial/m/news/1143171275?lang=&edition=fundamental","pubTime":"2022-04-15 09:46","market":"us","language":"en","title":"Twitter Is Worth More Than Elon Musk's $54 Per Share Offer","url":"https://stock-news.laohu8.com/highlight/detail?id=1143171275","media":"Seeking Alpha","summary":"SummaryTwitter has struggled to grow into profitability but is now turning a corner.Musk's interest ","content":"<html><head></head><body><p>Summary</p><ul><li>Twitter has struggled to grow into profitability but is now turning a corner.</li><li>Musk's interest shows the value of the business is real and growing.</li><li>But if he's right - why should shareholders give away all the upside to one buyer?</li></ul><p>I've been an active Twitter (NYSE:TWTR) user for years, but I was never a shareholder. Notable users such as Donald Trump (currently banned from the platform) and Elon Musk have made extremely productive use of the platform and used it to expand their reach and influence. In this article, I'll explain why there are two big questions that matter for the decision to own stock in Twitter:</p><p>- Can it be made profitable?</p><p>- Will being profitable ruin the company?</p><p>Elon Musk's offer to buy Twitter for $54.20 per share confirms that the answer to the first question is "yes," and the answer to the second question is "no." So now that the stock is effectively "de-risked," shareholders should hold on and not be willing to sell at this price or anything less than say $100 per share.</p><p><b>Twitter's History in a Nutshell</b></p><p>Twitter started as a "micro-blogging" site in 2006 by Evan Williams, Jack Dorsey and others. The site became more and more well-known over time, and reached 100 million users per day in 2012. Although growing, it was something of a corporate curiosity: the company was not profitable, and unusual for these situations, founder Jack Dorsey basically left to start another company "Square", now known as "Block" (SQ).</p><p>After some internal intrigues, Dorsey returned as CEO in 2015 but without giving up his role at Square/Block. Twitter went public in 2013 at an "IPO price" of $25 but traded that day up to $44 per share. Investors have suffered poor returns ever since as the company struggled to obtain profitability:</p><p><img src=\"https://static.tigerbbs.com/cb94f60a78c5ab5cb73a019721a717db\" tg-width=\"640\" tg-height=\"331\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Share Price and Profits (Koyfin, Author)</p><p>So over the last nine years, Twitter became one of the most influential companies and mediums of communication on Earth. But no one could be sure what it meant to own stock in the company. In November, Dorsey stepped away from his role as CEO and Twitter executive Parag Agrawal took over.</p><p>Can Twitter Make Money? Yes.</p><p>As you can see in the chart above, around halfway through the Trump administration Twitter found a way to produce net income on flat revenue. The last year's lack of net income is actually marred by the one-time event of an $800 million lawsuit settlement, so it's actually more profitable than it appears.</p><p>The incredible strength of software and tech business models lies in their ability to not only grow earnings without additional capital but also in the increasing returns to scale of additional revenues. The cost of running Twitter for say 110 million users isn't much greater than the cost to run it for 100 million users, so any additional revenue "drops straight to the bottom line." (This is an oversimplification, but it's still useful.)</p><p>To see what I mean, look at the Income Statement from Twitter's Shareholder Letter:</p><p><img src=\"https://static.tigerbbs.com/651814d49f5de822d55066b4689f1781\" tg-width=\"640\" tg-height=\"421\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Twitter Income Statement (Twitter)</p><p>We clearly see the $765 million line item for Twitter's share of the settlement mentioned above. So without that settlement, "Total Costs and Expenses" were $4,805 million in 2021 compared to $3,690 million in 2021 - so <i>costs increased of 30%</i>. At the same time, revenue increased year over from $3,716 million to $5,077 million for a<i>gain in revenues of 36%</i>. To the extent that this trend can keep growing, future profitability is far greater than the $272 million income from operations (without the lawsuit) we see in last year's numbers.</p><p>Even if Twitter had reported net income of $250 million instead of a loss of $221 million, it would still seem expensive at a market cap of $37 billion times earnings (148x earnings). Buying at those prices indicates expectations of much higher profitability in the future, and I think that's very reasonable.</p><p>But will Twitter Stay Fun? Yes.</p><p>Now that we know Twitter can begin earning net income, the next question is whether or not "the magic" of Twitter will remain and keep it such an essential part of the marketplace. After all, others have talked about starting alternative social networks geared to conservative voices such as the "Truth Social" offering of Digital World Acquisition (DWAC) and the growing reach of TikTok (owned by ByteDance).</p><p>Despite a number of challenges, it seems like Twitter is staying relevant and vital. Twitter suspended Donald Trump (its most influential!)user on January 8, 2021, but as you can see from this chart in the company's Shareholder Letter, both revenue and the number of users have increased from the fourth quarter of 2020 (when Trump was still on the platform) to the fourth quarter of 2022 (when he'd been off for almost a year). So Twitter's business is clearly bigger and more durable than just the effect Trump had on its growth.</p><p><img src=\"https://static.tigerbbs.com/c7e97ffbd971155113d753a6748ff21b\" tg-width=\"640\" tg-height=\"337\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Twitter Year-over-Year results (Twitter Shareholder Letter)</p><p>Musk has also become an increasingly active user of the platform, as you can see in this article from Visual Capitalist, which also reviews some of his best-known Tweets:</p><p><img src=\"https://static.tigerbbs.com/48877c257e17a678562789221605573c\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Elon Musk's Tweets by Year (VisualCapitalist.com, Carmen Ang)</p><p>While looking at Musk's activity alone doesn't prove anything, it seems like there are plenty of reasons to think Twitter remains vital. This article explains what Twitter means to marketing customers, so you can see that even though WhatsApp (owned by Facebook/Meta (FB)) or other social media apps may be gaining, Twitter's level of engagement and value to customers remains high.</p><p>Armchair strategists have had ideas for how to make Twitter bigger, more successful and more relevant for years (see for example this article from 2016). Many have been critical, but throughout it all - the company keeps growing. So I don't know of any other way to answer the question than to say, "Yes, Twitter keeps being fun and that's why people use it."</p><p>What Does Musk's Offer Mean for Shareholders</p><p>Musk, of course, has a pretty storied history with Twitter, including offering to buyout Tesla for $420 per share(pre-split) and another tweet which got him sued for libel. Last month, he bought 9% of the company's stock, planned to take a seat on the board of directors, and then withdrew from consideration.</p><p>Now Musk has made an offer to buy the whole company, and it's worth reading the whole test of his filing with the SEC:</p><p><img src=\"https://static.tigerbbs.com/1556fe029f6438ac238ca752b1d3d7b1\" tg-width=\"640\" tg-height=\"367\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Musk's Offer to buy Twitter (SEC)</p><p>Musk has been selling stock in Tesla(TSLA) recently, but his 17% stake is still worth approximately $175 billion - so he should be "good for" the $40 billion or so required to buy the rest of Twitter. (Recall that he already owns 9% of the company).</p><p>There are a few ways to think about his offer:</p><p>1. He wants to take over the company and run it</p><p>2. He wants to draw attention to his ideas about how to run Twitter</p><p>3. He's bluffing about buying Twitter and just wants attention</p><p>I'll skip over analyzing number 3 because it requires an assumption of bad faith I'm not willing to make, and focus on 1 and 2. If 1 is true and Musk thinks the company is valuable, then maybe someone else can unlock that value and shareholders' gains don't have to "top out" at the offer price of $54.20?</p><p>If 2 is true and Musk wants to draw attention to the way he would run Twitter, this is something of the "best of all possible" worlds for Twitter shareholders. They'll get the benefit of Musk's ideas, but they won't give up any upside. This is also a great strategy for Musk himself. He can bring the focus of executives, directors and shareholders to his strategy, and possibly gain influence or place someone in the C-Suite or board of directors - but he doesn't have to pay a buy-out premium. He gets the benefit of forcing the company's hand to increase the value of his investment, but he doesn't have to pay a premium for it!</p><p>Shareholders Can Sit Pretty - Don't Sell!</p><p>For the reasons described above, I think it's clear that the value of Twitter is starting to poke out from under the surface. It remains to be seen whether the current management team can deliver, or whether it will require Musk's influence to make changes. In either case, there's little reason for outside shareholders to give up future upside by selling their shares in the market, or by supporting Musk's buyout offer.</p><p>If Musk's offer is not accepted, I would expect shares to fall in price for the time being. But that doesn't mean the value of the business has declined. I would consider that a good time to buy.</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>Twitter Is Worth More Than Elon Musk's $54 Per Share Offer</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\">\nTwitter Is Worth More Than Elon Musk's $54 Per Share Offer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-15 09:46 GMT+8 <a href=https://seekingalpha.com/article/4501410-twitter-is-worth-more-than-musks-offer><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTwitter has struggled to grow into profitability but is now turning a corner.Musk's interest shows the value of the business is real and growing.But if he's right - why should shareholders give...</p>\n\n<a href=\"https://seekingalpha.com/article/4501410-twitter-is-worth-more-than-musks-offer\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"https://seekingalpha.com/article/4501410-twitter-is-worth-more-than-musks-offer","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143171275","content_text":"SummaryTwitter has struggled to grow into profitability but is now turning a corner.Musk's interest shows the value of the business is real and growing.But if he's right - why should shareholders give away all the upside to one buyer?I've been an active Twitter (NYSE:TWTR) user for years, but I was never a shareholder. Notable users such as Donald Trump (currently banned from the platform) and Elon Musk have made extremely productive use of the platform and used it to expand their reach and influence. In this article, I'll explain why there are two big questions that matter for the decision to own stock in Twitter:- Can it be made profitable?- Will being profitable ruin the company?Elon Musk's offer to buy Twitter for $54.20 per share confirms that the answer to the first question is \"yes,\" and the answer to the second question is \"no.\" So now that the stock is effectively \"de-risked,\" shareholders should hold on and not be willing to sell at this price or anything less than say $100 per share.Twitter's History in a NutshellTwitter started as a \"micro-blogging\" site in 2006 by Evan Williams, Jack Dorsey and others. The site became more and more well-known over time, and reached 100 million users per day in 2012. Although growing, it was something of a corporate curiosity: the company was not profitable, and unusual for these situations, founder Jack Dorsey basically left to start another company \"Square\", now known as \"Block\" (SQ).After some internal intrigues, Dorsey returned as CEO in 2015 but without giving up his role at Square/Block. Twitter went public in 2013 at an \"IPO price\" of $25 but traded that day up to $44 per share. Investors have suffered poor returns ever since as the company struggled to obtain profitability:Share Price and Profits (Koyfin, Author)So over the last nine years, Twitter became one of the most influential companies and mediums of communication on Earth. But no one could be sure what it meant to own stock in the company. In November, Dorsey stepped away from his role as CEO and Twitter executive Parag Agrawal took over.Can Twitter Make Money? Yes.As you can see in the chart above, around halfway through the Trump administration Twitter found a way to produce net income on flat revenue. The last year's lack of net income is actually marred by the one-time event of an $800 million lawsuit settlement, so it's actually more profitable than it appears.The incredible strength of software and tech business models lies in their ability to not only grow earnings without additional capital but also in the increasing returns to scale of additional revenues. The cost of running Twitter for say 110 million users isn't much greater than the cost to run it for 100 million users, so any additional revenue \"drops straight to the bottom line.\" (This is an oversimplification, but it's still useful.)To see what I mean, look at the Income Statement from Twitter's Shareholder Letter:Twitter Income Statement (Twitter)We clearly see the $765 million line item for Twitter's share of the settlement mentioned above. So without that settlement, \"Total Costs and Expenses\" were $4,805 million in 2021 compared to $3,690 million in 2021 - so costs increased of 30%. At the same time, revenue increased year over from $3,716 million to $5,077 million for again in revenues of 36%. To the extent that this trend can keep growing, future profitability is far greater than the $272 million income from operations (without the lawsuit) we see in last year's numbers.Even if Twitter had reported net income of $250 million instead of a loss of $221 million, it would still seem expensive at a market cap of $37 billion times earnings (148x earnings). Buying at those prices indicates expectations of much higher profitability in the future, and I think that's very reasonable.But will Twitter Stay Fun? Yes.Now that we know Twitter can begin earning net income, the next question is whether or not \"the magic\" of Twitter will remain and keep it such an essential part of the marketplace. After all, others have talked about starting alternative social networks geared to conservative voices such as the \"Truth Social\" offering of Digital World Acquisition (DWAC) and the growing reach of TikTok (owned by ByteDance).Despite a number of challenges, it seems like Twitter is staying relevant and vital. Twitter suspended Donald Trump (its most influential!)user on January 8, 2021, but as you can see from this chart in the company's Shareholder Letter, both revenue and the number of users have increased from the fourth quarter of 2020 (when Trump was still on the platform) to the fourth quarter of 2022 (when he'd been off for almost a year). So Twitter's business is clearly bigger and more durable than just the effect Trump had on its growth.Twitter Year-over-Year results (Twitter Shareholder Letter)Musk has also become an increasingly active user of the platform, as you can see in this article from Visual Capitalist, which also reviews some of his best-known Tweets:Elon Musk's Tweets by Year (VisualCapitalist.com, Carmen Ang)While looking at Musk's activity alone doesn't prove anything, it seems like there are plenty of reasons to think Twitter remains vital. This article explains what Twitter means to marketing customers, so you can see that even though WhatsApp (owned by Facebook/Meta (FB)) or other social media apps may be gaining, Twitter's level of engagement and value to customers remains high.Armchair strategists have had ideas for how to make Twitter bigger, more successful and more relevant for years (see for example this article from 2016). Many have been critical, but throughout it all - the company keeps growing. So I don't know of any other way to answer the question than to say, \"Yes, Twitter keeps being fun and that's why people use it.\"What Does Musk's Offer Mean for ShareholdersMusk, of course, has a pretty storied history with Twitter, including offering to buyout Tesla for $420 per share(pre-split) and another tweet which got him sued for libel. Last month, he bought 9% of the company's stock, planned to take a seat on the board of directors, and then withdrew from consideration.Now Musk has made an offer to buy the whole company, and it's worth reading the whole test of his filing with the SEC:Musk's Offer to buy Twitter (SEC)Musk has been selling stock in Tesla(TSLA) recently, but his 17% stake is still worth approximately $175 billion - so he should be \"good for\" the $40 billion or so required to buy the rest of Twitter. (Recall that he already owns 9% of the company).There are a few ways to think about his offer:1. He wants to take over the company and run it2. He wants to draw attention to his ideas about how to run Twitter3. He's bluffing about buying Twitter and just wants attentionI'll skip over analyzing number 3 because it requires an assumption of bad faith I'm not willing to make, and focus on 1 and 2. If 1 is true and Musk thinks the company is valuable, then maybe someone else can unlock that value and shareholders' gains don't have to \"top out\" at the offer price of $54.20?If 2 is true and Musk wants to draw attention to the way he would run Twitter, this is something of the \"best of all possible\" worlds for Twitter shareholders. They'll get the benefit of Musk's ideas, but they won't give up any upside. This is also a great strategy for Musk himself. He can bring the focus of executives, directors and shareholders to his strategy, and possibly gain influence or place someone in the C-Suite or board of directors - but he doesn't have to pay a buy-out premium. He gets the benefit of forcing the company's hand to increase the value of his investment, but he doesn't have to pay a premium for it!Shareholders Can Sit Pretty - Don't Sell!For the reasons described above, I think it's clear that the value of Twitter is starting to poke out from under the surface. It remains to be seen whether the current management team can deliver, or whether it will require Musk's influence to make changes. In either case, there's little reason for outside shareholders to give up future upside by selling their shares in the market, or by supporting Musk's buyout offer.If Musk's offer is not accepted, I would expect shares to fall in price for the time being. But that doesn't mean the value of the business has declined. I would consider that a good time to buy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9011501126,"gmtCreate":1648875675365,"gmtModify":1676534416765,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9011501126","repostId":"9011295549","repostType":1,"repost":{"id":9011295549,"gmtCreate":1648866617108,"gmtModify":1676534414481,"author":{"id":"3571466648992389","authorId":"3571466648992389","name":"Alubin","avatar":"https://static.tigerbbs.com/15537436be362bb027d49153fa8fbcdb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571466648992389","authorIdStr":"3571466648992389"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CFA.SI\">$NikkoAM-STC Asia REIT(CFA.SI)$</a>reits to stabilise ","listText":"<a href=\"https://ttm.financial/S/CFA.SI\">$NikkoAM-STC Asia REIT(CFA.SI)$</a>reits to stabilise ","text":"$NikkoAM-STC Asia REIT(CFA.SI)$reits to stabilise","images":[{"img":"https://community-static.tradeup.com/news/6703c44c82b3883432d933c00a9867f9","width":"1080","height":"2977"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9011295549","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9096725535,"gmtCreate":1644467061057,"gmtModify":1676533930572,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096725535","repostId":"2210563984","repostType":4,"repost":{"id":"2210563984","kind":"news","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":1644447484,"share":"https://ttm.financial/m/news/2210563984?lang=&edition=fundamental","pubTime":"2022-02-10 06:58","market":"us","language":"en","title":"Wall Street Ends Sharply Higher, Lifted by Big Tech","url":"https://stock-news.laohu8.com/highlight/detail?id=2210563984","media":"Reuters","summary":"* CVS drops on downbeat outlook* Chipotle, Enphase Energy surge on strong results* All eyes on CPI d","content":"<html><head></head><body><p>* CVS drops on downbeat outlook</p><p>* Chipotle, <a href=\"https://laohu8.com/S/ENPH\">Enphase Energy</a> surge on strong results</p><p>* All eyes on CPI data due Thursday</p><p>* Indexes: Dow +0.86%, S&P 500 +1.45%, Nasdaq +2.08%</p><p>Feb 9 (Reuters) - Wall Street jumped on Wednesday, closing sharply higher as megacap growth stocks powered up thanks to a pause in rising interest rates, and upbeat earnings reports also encouraged investors to buy.</p><p>The benchmark 10-year U.S. Treasury yield slipped from multi-year highs hit in the previous session, helping steady sentiment across global markets and boosting demand for growth stocks.</p><p><a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> surged more than 5%, ending four sessions of deep declines that saw it lose almost a third of its value. The biggest boosts to the S&P 500 came from Nvidia, up 6.4%, and Microsoft, up 2.2%.</p><p>All 11 S&P 500 sector indexes rose, led by a 2.45% jump in real estate.</p><p>"The bond market basically is saying there's a cap or a limit to how much the Fed is likely to raise rates, and that is very positive for stocks in general, and especially for growth stocks that tend to be valued higher," said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York.</p><p>Hit by worries about rising interest, the tech-heavy Nasdaq has fallen more than 7% so far this year after gaining nearly 21% in 2021. The S&P 500 is down about 4% year to date.</p><p>The Dow Jones Industrial Average rose 0.86% to end at 35,768.06 points, while the S&P 500 gained 1.45% to 4,587.18.</p><p>The Nasdaq Composite climbed 2.08% to 14,490.37.</p><p>Investors will watch consumer price data on Thursday for clues on the Federal Reserve's plans to hike interest rates. An unexpectedly strong jobs report last week raised concerns of a more aggressive move by the central bank.</p><p>Inflation is forecast at a four-decade high of 7.3%.</p><p>The U.S. economy may be nearing a slower pace of inflation, Atlanta Fed President Raphael Bostic said on Wednesday, though he added he is still leaning toward a slightly faster pace of interest rate increases this year.</p><p>Of the 316 companies in the S&P 500 that have reported earnings to date, 78% reported above analyst expectations, according to Refinitiv data.</p><p>Chipotle Mexican Grill Inc surged 10% after beating profit and sales estimates, while KFC parent Yum Brands Inc rose 2.2% after sales beat estimates.</p><p>Enphase Energy Inc jumped 12% on upbeat results, lifting other solar stocks, with <a href=\"https://laohu8.com/S/SPWRV\">SunPower Corp</a> and SolarEdge Technologies Inc up 6.6% and 6.9%, respectively.</p><p>CVS Health Corp slipped more than 5% after its earnings forecast for 2022 fell short of Wall Street expectations.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.99-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored advancers.</p><p>The S&P 500 posted 40 new 52-week highs and no new lows; the Nasdaq Composite recorded 53 new highs and 56 new lows.</p><p>Volume on U.S. exchanges was 10.9 billion shares, compared with a 12.3 billion average over the last 20 trading days.</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>Wall Street Ends Sharply Higher, Lifted by Big Tech</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\">\nWall Street Ends Sharply Higher, Lifted by Big Tech\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\">2022-02-10 06:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* CVS drops on downbeat outlook</p><p>* Chipotle, <a href=\"https://laohu8.com/S/ENPH\">Enphase Energy</a> surge on strong results</p><p>* All eyes on CPI data due Thursday</p><p>* Indexes: Dow +0.86%, S&P 500 +1.45%, Nasdaq +2.08%</p><p>Feb 9 (Reuters) - Wall Street jumped on Wednesday, closing sharply higher as megacap growth stocks powered up thanks to a pause in rising interest rates, and upbeat earnings reports also encouraged investors to buy.</p><p>The benchmark 10-year U.S. Treasury yield slipped from multi-year highs hit in the previous session, helping steady sentiment across global markets and boosting demand for growth stocks.</p><p><a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> surged more than 5%, ending four sessions of deep declines that saw it lose almost a third of its value. The biggest boosts to the S&P 500 came from Nvidia, up 6.4%, and Microsoft, up 2.2%.</p><p>All 11 S&P 500 sector indexes rose, led by a 2.45% jump in real estate.</p><p>"The bond market basically is saying there's a cap or a limit to how much the Fed is likely to raise rates, and that is very positive for stocks in general, and especially for growth stocks that tend to be valued higher," said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York.</p><p>Hit by worries about rising interest, the tech-heavy Nasdaq has fallen more than 7% so far this year after gaining nearly 21% in 2021. The S&P 500 is down about 4% year to date.</p><p>The Dow Jones Industrial Average rose 0.86% to end at 35,768.06 points, while the S&P 500 gained 1.45% to 4,587.18.</p><p>The Nasdaq Composite climbed 2.08% to 14,490.37.</p><p>Investors will watch consumer price data on Thursday for clues on the Federal Reserve's plans to hike interest rates. An unexpectedly strong jobs report last week raised concerns of a more aggressive move by the central bank.</p><p>Inflation is forecast at a four-decade high of 7.3%.</p><p>The U.S. economy may be nearing a slower pace of inflation, Atlanta Fed President Raphael Bostic said on Wednesday, though he added he is still leaning toward a slightly faster pace of interest rate increases this year.</p><p>Of the 316 companies in the S&P 500 that have reported earnings to date, 78% reported above analyst expectations, according to Refinitiv data.</p><p>Chipotle Mexican Grill Inc surged 10% after beating profit and sales estimates, while KFC parent Yum Brands Inc rose 2.2% after sales beat estimates.</p><p>Enphase Energy Inc jumped 12% on upbeat results, lifting other solar stocks, with <a href=\"https://laohu8.com/S/SPWRV\">SunPower Corp</a> and SolarEdge Technologies Inc up 6.6% and 6.9%, respectively.</p><p>CVS Health Corp slipped more than 5% after its earnings forecast for 2022 fell short of Wall Street expectations.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.99-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored advancers.</p><p>The S&P 500 posted 40 new 52-week highs and no new lows; the Nasdaq Composite recorded 53 new highs and 56 new lows.</p><p>Volume on U.S. exchanges was 10.9 billion shares, compared with a 12.3 billion average over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","COMP":"Compass, Inc.","SANA":"Sana Biotechnology, Inc.","SPY":"标普500ETF","BK4539":"次新股","CGEM":"Cullinan Therapeutics","CVS":"西维斯健康","BK4534":"瑞士信贷持仓","BK4147":"半导体设备","BK4139":"生物科技","LHDX":"Lucira Health, Inc.","BK4007":"制药","CMG":"墨式烧烤","APR":"Apria, Inc.","BK4196":"保健护理服务","BK4082":"医疗保健设备","BK4559":"巴菲特持仓","BK4550":"红杉资本持仓",".DJI":"道琼斯","LABP":"Landos Biopharma, Inc.",".IXIC":"NASDAQ Composite","MSFT":"微软",".SPX":"S&P 500 Index","ENPH":"Enphase Energy","BK4079":"房地产服务","BK4504":"桥水持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2210563984","content_text":"* CVS drops on downbeat outlook* Chipotle, Enphase Energy surge on strong results* All eyes on CPI data due Thursday* Indexes: Dow +0.86%, S&P 500 +1.45%, Nasdaq +2.08%Feb 9 (Reuters) - Wall Street jumped on Wednesday, closing sharply higher as megacap growth stocks powered up thanks to a pause in rising interest rates, and upbeat earnings reports also encouraged investors to buy.The benchmark 10-year U.S. Treasury yield slipped from multi-year highs hit in the previous session, helping steady sentiment across global markets and boosting demand for growth stocks.Meta Platforms surged more than 5%, ending four sessions of deep declines that saw it lose almost a third of its value. The biggest boosts to the S&P 500 came from Nvidia, up 6.4%, and Microsoft, up 2.2%.All 11 S&P 500 sector indexes rose, led by a 2.45% jump in real estate.\"The bond market basically is saying there's a cap or a limit to how much the Fed is likely to raise rates, and that is very positive for stocks in general, and especially for growth stocks that tend to be valued higher,\" said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York.Hit by worries about rising interest, the tech-heavy Nasdaq has fallen more than 7% so far this year after gaining nearly 21% in 2021. The S&P 500 is down about 4% year to date.The Dow Jones Industrial Average rose 0.86% to end at 35,768.06 points, while the S&P 500 gained 1.45% to 4,587.18.The Nasdaq Composite climbed 2.08% to 14,490.37.Investors will watch consumer price data on Thursday for clues on the Federal Reserve's plans to hike interest rates. An unexpectedly strong jobs report last week raised concerns of a more aggressive move by the central bank.Inflation is forecast at a four-decade high of 7.3%.The U.S. economy may be nearing a slower pace of inflation, Atlanta Fed President Raphael Bostic said on Wednesday, though he added he is still leaning toward a slightly faster pace of interest rate increases this year.Of the 316 companies in the S&P 500 that have reported earnings to date, 78% reported above analyst expectations, according to Refinitiv data.Chipotle Mexican Grill Inc surged 10% after beating profit and sales estimates, while KFC parent Yum Brands Inc rose 2.2% after sales beat estimates.Enphase Energy Inc jumped 12% on upbeat results, lifting other solar stocks, with SunPower Corp and SolarEdge Technologies Inc up 6.6% and 6.9%, respectively.CVS Health Corp slipped more than 5% after its earnings forecast for 2022 fell short of Wall Street expectations.Advancing issues outnumbered declining ones on the NYSE by a 2.99-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored advancers.The S&P 500 posted 40 new 52-week highs and no new lows; the Nasdaq Composite recorded 53 new highs and 56 new lows.Volume on U.S. exchanges was 10.9 billion shares, compared with a 12.3 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9096021634,"gmtCreate":1644272433139,"gmtModify":1676533905677,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Agreed","listText":"Agreed","text":"Agreed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096021634","repostId":"2209737361","repostType":4,"repost":{"id":"2209737361","kind":"highlight","pubTimestamp":1644247644,"share":"https://ttm.financial/m/news/2209737361?lang=&edition=fundamental","pubTime":"2022-02-07 23:27","market":"us","language":"en","title":"2 Hot Stocks to Buy and Hold Until You Retire","url":"https://stock-news.laohu8.com/highlight/detail?id=2209737361","media":"Motley Fool","summary":"The collapse in price by these former high-flyers is the perfect opportunity to buy their shares for your portfolio.","content":"<html><head></head><body><p>Investors could hurt themselves watching the stock market collapse and cashing out for the market to then quickly rebound to regain all the lost ground. Following the 2020 market plunge at the start of the pandemic, the <b>S&P 500</b> took all of six months to make up the dramatic drop it suffered and then went on to continuously set new record highs.</p><p>It looked like 2022 was off to a bad start, too, as the broad market index raced toward official correction territory (a loss of 10%), only to stop just short of the threshold before making a U-turn and working its way back up.</p><p>We will eventually get that correction, and maybe even a bear market (a loss of 20% or more), but it shows the importance of holding on through thick and thin and letting your stocks play out over the long term. That's why the nugget of investing wisdom that says it's not about timing the market, but your time <i>in</i> the market, is so true. It means there's never a bad time to invest, and always having money available, even small amounts, is a good strategy for everyone.</p><p>By the time working Americans are ready to retire, the following pair of hot growth stocks have the potential to make those who invested in them, wealthy.</p><h2>1. <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a></h2><p>Shares of graphics chipmaker <a href=\"https://laohu8.com/S/NVDA\"><b>Nvidia</b> </a> are suffering now due to the general sector rotation out of technology stocks and the high-flyers that trounced the S&P 500 last year. Nvidia's stock surged 125% in 2021 but is down 16% so far this year.</p><p>No matter, investors should view this pullback as a buying opportunity even though the stock looks expensive by traditional metrics. Despite trading at 76 times trailing earnings, 47 times next year's estimates, and 87 times the free cash flow it produces -- even after its haircut -- the premium Nvidia commands is warranted because its business remains white-hot.</p><p>While gaming is still the chipmaker's primary moneymaker, responsible for 45% of total Q3 sales, Nvidia expects its data center business to overtake that segment by 2025. It already generates billions of dollars in revenue every year, with data center sales soaring 55% in the third quarter (period ended Oct. 31) to hit $2.9 billion. And following its $7 billion acquisition of Mellanox in 2020, Nvidia is now positioned as a leading supplier for networking hardware.</p><p>Those two segments alone would be enough to justify Nvidia's lofty valuation, but it has other equally exciting opportunities, even if they don't yet approach the level of gaming and data centers.</p><p>Nvidia's professional visualization segment, for example, got a big boost from the pandemic, which created outsize demand for high-end mobile workstations that offer real-time rendering capabilities. It utilizes artificial intelligence and virtual reality to help simulate real-life designs. Revenue surged 144% year over year as growth in desktop and notebook workstation GPUs rose due to enterprises deploying new systems to allow for hybrid work situations.</p><p>It cuts across all industries, too, including automotive, media and entertainment, architectural engineering, oil and gas, and medical imaging.</p><p>Wall Street forecasts revenue will triple to over $56 billion by the middle of the decade, helping to give Nvidia a multitrillion-dollar valuation. The chipmaker is the closest thing an investor can find to a set-and-forget stock for their retirement portfolio.</p><h2>2. <a href=\"https://laohu8.com/S/AFRM\">Affirm</a></h2><p>Buying on installment is an old idea that's new again, and <a href=\"https://laohu8.com/S/AFRM\"><b>Affirm</b> </a> is one of the leading names in the buy now, pay later (BNPL) space. Partnerships with the likes of <b>Amazon</b> and <b>Shopify</b> (NYSE:SHOP) open up vast new terrain for the lending outfit that's already starting to pay off.</p><p>Fiscal first-quarter earnings for the September period saw the number of active customers more than double to 8.7 million from the year-ago quarter and rise 22% sequentially. Amazon brings some 200 million potential customers to the table, while Shopify adds an additional 118 million.</p><p>Not everyone will take advantage of the BNPL opportunity, but it gives Affirm a much broader audience to tap. Shopify has been a partner since July 2020, and active merchants participating in Affirm's Shop Pay Installments program grew from 6,500 to 102,000 in just one year, representing a 15-fold increase.</p><p>The Amazon deal is new, but it could be a game-changer for Affirm.</p><p>Of course, there are risks involved. Privately held Klarna is the biggest player in the space, with some 250,000 merchants on board and an estimated $78 billion in global sales volume. <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b> has its own BNPL service that it launched in 2020, and <b><a href=\"https://laohu8.com/S/SQ\">Block</a></b> just acquired Afterpay, giving the BNPL company its own massive opportunity to expand its universe of customers.</p><p>Affirm also still carries a premium price tag like Nvidia, even though its stock got cut down by a third in the first month of the new year and has lost 64% of its value from its November highs. It's still producing operating losses while trading at 19 times its sales.</p><p>Analysts are forecasting Affirm will see revenue grow 10 times its fiscal 2021 level to hit $3.5 billion by 2025, which would represent a 74% compound annual growth rate. New regulatory measures on BNPL here and abroad could impact growth, but it's a wide-open area for Affirm, and investors should feel comfortable buying this fintech stock for the long haul.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Hot Stocks to Buy and Hold Until You Retire</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\">\n2 Hot Stocks to Buy and Hold Until You Retire\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-07 23:27 GMT+8 <a href=https://www.fool.com/investing/2022/02/07/2-hot-stocks-to-buy-and-hold-until-you-retire/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors could hurt themselves watching the stock market collapse and cashing out for the market to then quickly rebound to regain all the lost ground. Following the 2020 market plunge at the start ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/02/07/2-hot-stocks-to-buy-and-hold-until-you-retire/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4141":"半导体产品","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4122":"互联网与直销零售","BK4551":"寇图资本持仓","BK4561":"索罗斯持仓","BK4549":"软银资本持仓","BK4548":"巴美列捷福持仓","AFRM":"Affirm Holdings, Inc.","BK4529":"IDC概念","BK4528":"SaaS概念","NVDA":"英伟达","BK4554":"元宇宙及AR概念","BK4106":"数据处理与外包服务","BK4532":"文艺复兴科技持仓","BK4567":"ESG概念","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","BK4538":"云计算","BK4524":"宅经济概念","BK4535":"淡马锡持仓","BK4559":"巴菲特持仓","BK4543":"AI","BK4527":"明星科技股","BK4116":"互联网服务与基础架构"},"source_url":"https://www.fool.com/investing/2022/02/07/2-hot-stocks-to-buy-and-hold-until-you-retire/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2209737361","content_text":"Investors could hurt themselves watching the stock market collapse and cashing out for the market to then quickly rebound to regain all the lost ground. Following the 2020 market plunge at the start of the pandemic, the S&P 500 took all of six months to make up the dramatic drop it suffered and then went on to continuously set new record highs.It looked like 2022 was off to a bad start, too, as the broad market index raced toward official correction territory (a loss of 10%), only to stop just short of the threshold before making a U-turn and working its way back up.We will eventually get that correction, and maybe even a bear market (a loss of 20% or more), but it shows the importance of holding on through thick and thin and letting your stocks play out over the long term. That's why the nugget of investing wisdom that says it's not about timing the market, but your time in the market, is so true. It means there's never a bad time to invest, and always having money available, even small amounts, is a good strategy for everyone.By the time working Americans are ready to retire, the following pair of hot growth stocks have the potential to make those who invested in them, wealthy.1. NvidiaShares of graphics chipmaker Nvidia are suffering now due to the general sector rotation out of technology stocks and the high-flyers that trounced the S&P 500 last year. Nvidia's stock surged 125% in 2021 but is down 16% so far this year.No matter, investors should view this pullback as a buying opportunity even though the stock looks expensive by traditional metrics. Despite trading at 76 times trailing earnings, 47 times next year's estimates, and 87 times the free cash flow it produces -- even after its haircut -- the premium Nvidia commands is warranted because its business remains white-hot.While gaming is still the chipmaker's primary moneymaker, responsible for 45% of total Q3 sales, Nvidia expects its data center business to overtake that segment by 2025. It already generates billions of dollars in revenue every year, with data center sales soaring 55% in the third quarter (period ended Oct. 31) to hit $2.9 billion. And following its $7 billion acquisition of Mellanox in 2020, Nvidia is now positioned as a leading supplier for networking hardware.Those two segments alone would be enough to justify Nvidia's lofty valuation, but it has other equally exciting opportunities, even if they don't yet approach the level of gaming and data centers.Nvidia's professional visualization segment, for example, got a big boost from the pandemic, which created outsize demand for high-end mobile workstations that offer real-time rendering capabilities. It utilizes artificial intelligence and virtual reality to help simulate real-life designs. Revenue surged 144% year over year as growth in desktop and notebook workstation GPUs rose due to enterprises deploying new systems to allow for hybrid work situations.It cuts across all industries, too, including automotive, media and entertainment, architectural engineering, oil and gas, and medical imaging.Wall Street forecasts revenue will triple to over $56 billion by the middle of the decade, helping to give Nvidia a multitrillion-dollar valuation. The chipmaker is the closest thing an investor can find to a set-and-forget stock for their retirement portfolio.2. AffirmBuying on installment is an old idea that's new again, and Affirm is one of the leading names in the buy now, pay later (BNPL) space. Partnerships with the likes of Amazon and Shopify (NYSE:SHOP) open up vast new terrain for the lending outfit that's already starting to pay off.Fiscal first-quarter earnings for the September period saw the number of active customers more than double to 8.7 million from the year-ago quarter and rise 22% sequentially. Amazon brings some 200 million potential customers to the table, while Shopify adds an additional 118 million.Not everyone will take advantage of the BNPL opportunity, but it gives Affirm a much broader audience to tap. Shopify has been a partner since July 2020, and active merchants participating in Affirm's Shop Pay Installments program grew from 6,500 to 102,000 in just one year, representing a 15-fold increase.The Amazon deal is new, but it could be a game-changer for Affirm.Of course, there are risks involved. Privately held Klarna is the biggest player in the space, with some 250,000 merchants on board and an estimated $78 billion in global sales volume. PayPal has its own BNPL service that it launched in 2020, and Block just acquired Afterpay, giving the BNPL company its own massive opportunity to expand its universe of customers.Affirm also still carries a premium price tag like Nvidia, even though its stock got cut down by a third in the first month of the new year and has lost 64% of its value from its November highs. It's still producing operating losses while trading at 19 times its sales.Analysts are forecasting Affirm will see revenue grow 10 times its fiscal 2021 level to hit $3.5 billion by 2025, which would represent a 74% compound annual growth rate. New regulatory measures on BNPL here and abroad could impact growth, but it's a wide-open area for Affirm, and investors should feel comfortable buying this fintech stock for the long haul.","news_type":1},"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9001665120,"gmtCreate":1641249877860,"gmtModify":1676533586959,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001665120","repostId":"691274673","repostType":1,"repost":{"id":691274673,"gmtCreate":1640216888125,"gmtModify":1676532423705,"author":{"id":"3582057972137750","authorId":"3582057972137750","name":"lcy12345","avatar":"https://static.tigerbbs.com/60aee26f012bbdfb2a9fa32495e56508","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582057972137750","authorIdStr":"3582057972137750"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>oh no, I missed the below 900 train!! :-((( congrats to everyone who got it at such a steal!! ","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>oh no, I missed the below 900 train!! :-((( congrats to everyone who got it at such a steal!! ","text":"$Tesla Motors(TSLA)$oh no, I missed the below 900 train!! :-((( congrats to everyone who got it at such a steal!!","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/691274673","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":238,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863057001,"gmtCreate":1632348475103,"gmtModify":1676530756643,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Will bubble it higher... ","listText":"Will bubble it higher... ","text":"Will bubble it higher...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/863057001","repostId":"2169572196","repostType":4,"repost":{"id":"2169572196","kind":"highlight","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":1632336840,"share":"https://ttm.financial/m/news/2169572196?lang=&edition=fundamental","pubTime":"2021-09-23 02:54","market":"hk","language":"en","title":"Why the debt limit fight makes Washington a stock-market 'wild card'","url":"https://stock-news.laohu8.com/highlight/detail?id=2169572196","media":"Dow Jones","summary":"'Politicians will often take things to the edge to see who blinks and gain the upper hand': RenMac's","content":"<blockquote>\n 'Politicians will often take things to the edge to see who blinks and gain the upper hand': RenMac's deGraaf.\n</blockquote>\n<p>The potential for another white-knuckle flirtation with default by the U.S. government via a debt-ceiling showdown is helping to raise \"policy uncertainty,\" analysts noted Wednesday.</p>\n<p>The good news is that rising uncertainty has traditionally been a buying opportunity, according to a top Wall Street technician.</p>\n<p>\"We are believers that this will prove a buyable correction within an uptrend, but we don't see the wild card being China, rather we see it as Washington,\" wrote Jeff deGraaf, founder of Renaissance Macro Research, in a note.</p>\n<p>Worries about a potential default by China property giant Evergrande triggered a sharp stock-market selloff on Monday. Those concerns have faded, with investors less worried about potential spillovers that could threaten the Chinese or global financial system.</p>\n<p>Stocks were up sharply Wednesday, maintaining gains after the Federal Reserve signaled it would soon begin to taper its asset purchases. The S&P 500 was up 0.9% , while the Dow Jones Industrial Average rose around 335 points, or 1%, Stocks were attempting to shake a so-far modest retreat that's seen the S&P 500 pull back 4% from its record close on Sept. 2.</p>\n<p>DeGraaf highlighted the chart above, tracking the U.S. Economic Policy Uncertainty Index, devised by economists Scott Baker of Northwestern University, Nick Bloom of Stanford University and Steven Davis of the University of Chicago. It draws on search results from 10 large U.S. newspapers, reports by the Congressional Budget Office that compile tax code provisions due to expire over the next 10 years, and the Philadelphia Fed's survey of professional forecasters.</p>\n<p>While policy uncertainty \"has started to migrate into the markets, politicianswill often take things to the edge to see who blinks and gain the upper hand,\" he wrote.</p>\n<p>While worries over a potential government shutdown in October and the debt ceiling are front and center, uncertainty is also on the rise over President Joe Biden's agenda, including his infrastructure and social welfare spending proposals.</p>\n<p>Renaissance Macro Research sees Republicans in Congress holding the stronger cards, which may allow them to force the issue, deGraaf said, noting that the index hasn't yet jumped into the top decile (see bottom part of chart), which is typically a bullish signal when it comes to forward returns for the S&P 500 index.</p>\n<p>\"If your hands are strong enough to hold on, there are plenty of green lights to get the wheels turning, but don't be surprised to see more planted leaks and adverse headlines before it's resolved,\" he said.</p>\n<p>Outside the Box: Evergrande crisis and the U.S. debt-ceiling showdown could give stock investors a buying opportunity</p>\n<p>The Democratic-controlled House late Tuesday approved legislation that would keep the government funded, suspend the federal debt limit and provide disaster and refugee aid, setting up a showdown with Senate Republicans who oppose the package.</p>\n<p>The federal government will face a shutdown on Sept. 30, the end of the fiscal year, if a funding measure isn't approved. A more dire threat surrounds the debt ceiling, which the government could hit at some point in October unless it is raised or suspended. Failure to act risks a U.S. default on its debt.</p>\n<p>At least 10 Senate Republicans would need to vote in favor of the measure for it to get the required supermajority. Senate Minority Leader Mitch McConnell of Kentucky, the chamber's top Republican, has insisted the debt ceiling be raised solely with Democratic support, citing opposition to a proposed $3.5 trillion spending plan.</p>\n<p>Democrats have refused to attach a raise in the debt ceiling to that spending plan, which they intend to push through the Senate using a process known as reconciliation, which requires a simple majority. Top Democrats have insisted that lifting the debt limit must be a bipartisan undertaking.</p>\n<p>A move to lift or suspend the debt ceiling, averting a potential default, remains the base expectation, but fears that legislative brinkmanship could result in a mishap are on the rise.</p>\n<p>Economists at Moody's Analytics warned Tuesday that a default would result in long-term harm to the economy and create chaos in global financial markets.</p>\n<p>The Tell: Washington is 'playing a dangerous game with the debt limit,' and 'Americans would pay for default for generations, says Moody's Zandi</p>\n<p>Meanwhile, memories of the last two debt-ceiling showdowns, in 2011 and 2013, remain fresh. The 2011 crisis saw Standard & Poor's, for the first time ever, downgrade the long-term U.S. credit rating from AAA to AA+.</p>\n<p>Another downgrade can't be ruled out, even if the U.S. Treasury Department avoids a default but fails to honor other obligations, wrote economists at Oxford Economics, in a Wednesday note. They recalled that the 2011 episode also saw spike in volatility, as measured by the Cboe Volatility Index , and a 10% drop in stock prices, though both shocks were rapidly reversed once the debt ceiling was lifted.</p>\n<p>Still, investors \"cannot discount the uncertainty factor and the knock-on effects on private sector activity,\" they wrote.</p>\n<p>Jitters are already apparent in the market for short-term Treasury bills, with rates rising on bills due to mature in the second half of October, analysts noted.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why the debt limit fight makes Washington a stock-market 'wild card'</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 the debt limit fight makes Washington a stock-market 'wild card'\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\">2021-09-23 02:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n 'Politicians will often take things to the edge to see who blinks and gain the upper hand': RenMac's deGraaf.\n</blockquote>\n<p>The potential for another white-knuckle flirtation with default by the U.S. government via a debt-ceiling showdown is helping to raise \"policy uncertainty,\" analysts noted Wednesday.</p>\n<p>The good news is that rising uncertainty has traditionally been a buying opportunity, according to a top Wall Street technician.</p>\n<p>\"We are believers that this will prove a buyable correction within an uptrend, but we don't see the wild card being China, rather we see it as Washington,\" wrote Jeff deGraaf, founder of Renaissance Macro Research, in a note.</p>\n<p>Worries about a potential default by China property giant Evergrande triggered a sharp stock-market selloff on Monday. Those concerns have faded, with investors less worried about potential spillovers that could threaten the Chinese or global financial system.</p>\n<p>Stocks were up sharply Wednesday, maintaining gains after the Federal Reserve signaled it would soon begin to taper its asset purchases. The S&P 500 was up 0.9% , while the Dow Jones Industrial Average rose around 335 points, or 1%, Stocks were attempting to shake a so-far modest retreat that's seen the S&P 500 pull back 4% from its record close on Sept. 2.</p>\n<p>DeGraaf highlighted the chart above, tracking the U.S. Economic Policy Uncertainty Index, devised by economists Scott Baker of Northwestern University, Nick Bloom of Stanford University and Steven Davis of the University of Chicago. It draws on search results from 10 large U.S. newspapers, reports by the Congressional Budget Office that compile tax code provisions due to expire over the next 10 years, and the Philadelphia Fed's survey of professional forecasters.</p>\n<p>While policy uncertainty \"has started to migrate into the markets, politicianswill often take things to the edge to see who blinks and gain the upper hand,\" he wrote.</p>\n<p>While worries over a potential government shutdown in October and the debt ceiling are front and center, uncertainty is also on the rise over President Joe Biden's agenda, including his infrastructure and social welfare spending proposals.</p>\n<p>Renaissance Macro Research sees Republicans in Congress holding the stronger cards, which may allow them to force the issue, deGraaf said, noting that the index hasn't yet jumped into the top decile (see bottom part of chart), which is typically a bullish signal when it comes to forward returns for the S&P 500 index.</p>\n<p>\"If your hands are strong enough to hold on, there are plenty of green lights to get the wheels turning, but don't be surprised to see more planted leaks and adverse headlines before it's resolved,\" he said.</p>\n<p>Outside the Box: Evergrande crisis and the U.S. debt-ceiling showdown could give stock investors a buying opportunity</p>\n<p>The Democratic-controlled House late Tuesday approved legislation that would keep the government funded, suspend the federal debt limit and provide disaster and refugee aid, setting up a showdown with Senate Republicans who oppose the package.</p>\n<p>The federal government will face a shutdown on Sept. 30, the end of the fiscal year, if a funding measure isn't approved. A more dire threat surrounds the debt ceiling, which the government could hit at some point in October unless it is raised or suspended. Failure to act risks a U.S. default on its debt.</p>\n<p>At least 10 Senate Republicans would need to vote in favor of the measure for it to get the required supermajority. Senate Minority Leader Mitch McConnell of Kentucky, the chamber's top Republican, has insisted the debt ceiling be raised solely with Democratic support, citing opposition to a proposed $3.5 trillion spending plan.</p>\n<p>Democrats have refused to attach a raise in the debt ceiling to that spending plan, which they intend to push through the Senate using a process known as reconciliation, which requires a simple majority. Top Democrats have insisted that lifting the debt limit must be a bipartisan undertaking.</p>\n<p>A move to lift or suspend the debt ceiling, averting a potential default, remains the base expectation, but fears that legislative brinkmanship could result in a mishap are on the rise.</p>\n<p>Economists at Moody's Analytics warned Tuesday that a default would result in long-term harm to the economy and create chaos in global financial markets.</p>\n<p>The Tell: Washington is 'playing a dangerous game with the debt limit,' and 'Americans would pay for default for generations, says Moody's Zandi</p>\n<p>Meanwhile, memories of the last two debt-ceiling showdowns, in 2011 and 2013, remain fresh. The 2011 crisis saw Standard & Poor's, for the first time ever, downgrade the long-term U.S. credit rating from AAA to AA+.</p>\n<p>Another downgrade can't be ruled out, even if the U.S. Treasury Department avoids a default but fails to honor other obligations, wrote economists at Oxford Economics, in a Wednesday note. They recalled that the 2011 episode also saw spike in volatility, as measured by the Cboe Volatility Index , and a 10% drop in stock prices, though both shocks were rapidly reversed once the debt ceiling was lifted.</p>\n<p>Still, investors \"cannot discount the uncertainty factor and the knock-on effects on private sector activity,\" they wrote.</p>\n<p>Jitters are already apparent in the market for short-term Treasury bills, with rates rising on bills due to mature in the second half of October, analysts noted.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2169572196","content_text":"'Politicians will often take things to the edge to see who blinks and gain the upper hand': RenMac's deGraaf.\n\nThe potential for another white-knuckle flirtation with default by the U.S. government via a debt-ceiling showdown is helping to raise \"policy uncertainty,\" analysts noted Wednesday.\nThe good news is that rising uncertainty has traditionally been a buying opportunity, according to a top Wall Street technician.\n\"We are believers that this will prove a buyable correction within an uptrend, but we don't see the wild card being China, rather we see it as Washington,\" wrote Jeff deGraaf, founder of Renaissance Macro Research, in a note.\nWorries about a potential default by China property giant Evergrande triggered a sharp stock-market selloff on Monday. Those concerns have faded, with investors less worried about potential spillovers that could threaten the Chinese or global financial system.\nStocks were up sharply Wednesday, maintaining gains after the Federal Reserve signaled it would soon begin to taper its asset purchases. The S&P 500 was up 0.9% , while the Dow Jones Industrial Average rose around 335 points, or 1%, Stocks were attempting to shake a so-far modest retreat that's seen the S&P 500 pull back 4% from its record close on Sept. 2.\nDeGraaf highlighted the chart above, tracking the U.S. Economic Policy Uncertainty Index, devised by economists Scott Baker of Northwestern University, Nick Bloom of Stanford University and Steven Davis of the University of Chicago. It draws on search results from 10 large U.S. newspapers, reports by the Congressional Budget Office that compile tax code provisions due to expire over the next 10 years, and the Philadelphia Fed's survey of professional forecasters.\nWhile policy uncertainty \"has started to migrate into the markets, politicianswill often take things to the edge to see who blinks and gain the upper hand,\" he wrote.\nWhile worries over a potential government shutdown in October and the debt ceiling are front and center, uncertainty is also on the rise over President Joe Biden's agenda, including his infrastructure and social welfare spending proposals.\nRenaissance Macro Research sees Republicans in Congress holding the stronger cards, which may allow them to force the issue, deGraaf said, noting that the index hasn't yet jumped into the top decile (see bottom part of chart), which is typically a bullish signal when it comes to forward returns for the S&P 500 index.\n\"If your hands are strong enough to hold on, there are plenty of green lights to get the wheels turning, but don't be surprised to see more planted leaks and adverse headlines before it's resolved,\" he said.\nOutside the Box: Evergrande crisis and the U.S. debt-ceiling showdown could give stock investors a buying opportunity\nThe Democratic-controlled House late Tuesday approved legislation that would keep the government funded, suspend the federal debt limit and provide disaster and refugee aid, setting up a showdown with Senate Republicans who oppose the package.\nThe federal government will face a shutdown on Sept. 30, the end of the fiscal year, if a funding measure isn't approved. A more dire threat surrounds the debt ceiling, which the government could hit at some point in October unless it is raised or suspended. Failure to act risks a U.S. default on its debt.\nAt least 10 Senate Republicans would need to vote in favor of the measure for it to get the required supermajority. Senate Minority Leader Mitch McConnell of Kentucky, the chamber's top Republican, has insisted the debt ceiling be raised solely with Democratic support, citing opposition to a proposed $3.5 trillion spending plan.\nDemocrats have refused to attach a raise in the debt ceiling to that spending plan, which they intend to push through the Senate using a process known as reconciliation, which requires a simple majority. Top Democrats have insisted that lifting the debt limit must be a bipartisan undertaking.\nA move to lift or suspend the debt ceiling, averting a potential default, remains the base expectation, but fears that legislative brinkmanship could result in a mishap are on the rise.\nEconomists at Moody's Analytics warned Tuesday that a default would result in long-term harm to the economy and create chaos in global financial markets.\nThe Tell: Washington is 'playing a dangerous game with the debt limit,' and 'Americans would pay for default for generations, says Moody's Zandi\nMeanwhile, memories of the last two debt-ceiling showdowns, in 2011 and 2013, remain fresh. The 2011 crisis saw Standard & Poor's, for the first time ever, downgrade the long-term U.S. credit rating from AAA to AA+.\nAnother downgrade can't be ruled out, even if the U.S. Treasury Department avoids a default but fails to honor other obligations, wrote economists at Oxford Economics, in a Wednesday note. They recalled that the 2011 episode also saw spike in volatility, as measured by the Cboe Volatility Index , and a 10% drop in stock prices, though both shocks were rapidly reversed once the debt ceiling was lifted.\nStill, investors \"cannot discount the uncertainty factor and the knock-on effects on private sector activity,\" they wrote.\nJitters are already apparent in the market for short-term Treasury bills, with rates rising on bills due to mature in the second half of October, analysts noted.","news_type":1},"isVote":1,"tweetType":1,"viewCount":335,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885088882,"gmtCreate":1631745699146,"gmtModify":1676530621628,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Hope it is a nice pullback","listText":"Hope it is a nice pullback","text":"Hope it is a nice pullback","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/885088882","repostId":"1148341685","repostType":4,"repost":{"id":"1148341685","kind":"news","pubTimestamp":1631660884,"share":"https://ttm.financial/m/news/1148341685?lang=&edition=fundamental","pubTime":"2021-09-15 07:08","market":"us","language":"en","title":"U.S. stocks close lower on worries over recovery, corporate tax hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=1148341685","media":"Reuters","summary":"NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing","content":"<p>NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.</p>\n<p>Optimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.</p>\n<p>So far this month the S&P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.</p>\n<p>“There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”</p>\n<p>The advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.</p>\n<p>“We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”</p>\n<p>The CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.</p>\n<p>U.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]</p>\n<p>The long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.</p>\n<p>The Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.</p>\n<p>All 11 major sectors in the S&P 500 ended the session red, with energy and financials suffering the largest percentage drops.</p>\n<p>Apple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&P 500 and the Nasdaq.</p>\n<p>Intuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.</p>\n<p>CureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.</p>\n<p>The S&P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.</p>\n<p>Volume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks close lower on worries over recovery, corporate tax hikes</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\">\nU.S. stocks close lower on worries over recovery, corporate tax hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-15 07:08 GMT+8 <a href=https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148341685","content_text":"NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.\nOptimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.\nSo far this month the S&P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.\n“There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”\nThe advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.\n“We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”\nThe CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.\nU.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]\nThe long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.\nThe Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.\nAll 11 major sectors in the S&P 500 ended the session red, with energy and financials suffering the largest percentage drops.\nApple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&P 500 and the Nasdaq.\nIntuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.\nCureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.\nDeclining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.\nThe S&P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.\nVolume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":324,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886130858,"gmtCreate":1631574070574,"gmtModify":1676530576482,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Good info","listText":"Good info","text":"Good info","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/886130858","repostId":"2167630550","repostType":4,"repost":{"id":"2167630550","kind":"highlight","pubTimestamp":1631516701,"share":"https://ttm.financial/m/news/2167630550?lang=&edition=fundamental","pubTime":"2021-09-13 15:05","market":"us","language":"en","title":"Here's what Apple is expected to announce at its iPhone 13 launch event Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=2167630550","media":"MarketWatch","summary":"Apple looks to refocus on the iPhone after App Store legal blow. Apple is set to unveil new devices at a Tuesday event.Fresh off a legal sting in its battle over App Store payment practices, Apple Inc. will be looking to refocus attention back on its technology with its upcoming iPhone reveal.The smartphone giant is expected to unveil its iPhone 13 lineup -- as well as new smartwatches, headphones and possibly more -- during its annual fall event Tuesday. The announcements will come just days af","content":"<p>Apple looks to refocus on the iPhone after App Store legal blow</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1306d1e47e19f9fe4f1d6a24c7e3ba44\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Apple is set to unveil new devices at a Tuesday event.</span></p>\n<p>Fresh off a legal sting in its battle over App Store payment practices, Apple Inc. will be looking to refocus attention back on its technology with its upcoming iPhone reveal.</p>\n<p>The smartphone giant is expected to unveil its iPhone 13 lineup -- as well as new smartwatches, headphones and possibly more -- during its annual fall event Tuesday. The announcements will come just days after a federal judge ruled that Apple <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> could no longer prohibit app developers from offering alternate payment options beyond Apple's own in-app payment service, in a signal of the increasing backlash against the dominance of big technology companies.</p>\n<p>But the average iPhone user is likely unconcerned with the machinations of in-app payments, and they will be Apple's target audience as the company rolls out its new lineup. The phones are expected to feature improvements to camera and video functions but have a similar design to last year's models.</p>\n<p>The rumored upgrades mark perhaps more incremental improvements to the iPhone, unlike a year ago, when Apple brought 5G connectivity to its handsets for the first time and changed the phone's design. The iPhone 12 lineup has been selling well, and analysts seem generally upbeat about potential demand for the iPhone 13 family as well, despite what could be a lack of blockbuster feature upgrades.</p>\n<p>\"Given an improved economy, expanded 5G coverage, and low 5G smartphone ownership, we expect the iPhone 13 family to receive an enthusiastic reception,\" wrote Monness, Crespi, Hardt & Co. analyst Brian White.</p>\n<p>Here's what to watch for at Tuesday's event, which kicks off virtually at 1 p.m. ET.</p>\n<p><b>iPhone</b></p>\n<p>The iPhone has been the centerpiece of Apple's fall events and should be again this year.</p>\n<p>The company is expected to roll out four new phones, just as it did last year, featuring a similar design. One possible change from a visual standpoint is a smaller notch on the top of the phones, but otherwise the devices shouldn't look too different from their predecessors. MacRumors predicts that some rumored changes, like the disappearance of the Lightning charging port or the return of a fingerprint sensor, won't actually manifest in the upcoming models.</p>\n<p>Apple isn't likely to change the sizes of its phones this year, according to MacRumors, which is looking for the company to roll out a 5.4-inch iPhone mini, a 6.1-inch iPhone, a 6.1-inch iPhone Pro and a 6.7-inch iPhone Pro Max.</p>\n<p>The biggest improvements could come to the camera. Apple is reportedly planning to introduce a video version of its Portrait Mode setting, according to Bloomberg News, which would let users capture videos with blurred backgrounds. The company is also looking to add a ProRes recording capability that would allow for high-resolution footage as well as new photo-diting functions that would let people make pictures warmer or cooler, without affecting the white tones, per the report.</p>\n<p>There's also been talk of potential satellite capabilities in the next iPhones. Shares of satellite-communications company Globalstar Inc. surged after a report indicated that Apple was including low-earth orbit <a href=\"https://laohu8.com/S/LEO\">$(LEO)$</a> satellite communications so that users would be able to place calls or send messages without 4G or 5G cellular connections, but a second report suggested that Apple may limit this feature to emergency communications.</p>\n<p><b>Augmented reality</b></p>\n<p>Apple's landing page for the Sept. 14 event contained an Easter egg for iPhone users, allowing them to click on the Apple logo and view it in augmented reality on top of their surroundings. That suggests to <a href=\"https://laohu8.com/S/EFFE\">Global X</a> research analyst Pedro Palandrani that the company could be planning a significant AR announcement.</p>\n<p>The \"easy answer\" is that Apple would introduce a new AR feature for the iPhone, but there's \"not much to do there at this point,\" Palandrani told MarketWatch. \"I wouldn't be surprised if we get to see some Apple glasses,\" he continued, referring to the oft-discussed possibility that Apple would develop a form of AR glasses. <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc. (FB) recently unveiled its own pair of smart glasses.</p>\n<p>Whether Apple would be able to sell the hypothetical smart glasses immediately remains a question for Palandrani, given supply constraints impacting the broader consumer-electronics industry.</p>\n<p>\"Maybe they don't have the ability at this time to mass manufacture that type of device,\" he said, but in the near term, it's \"certainly a possibility.\"</p>\n<p>Evercore ISI analyst Amit Daryanani wrote that he sees \"a LONG SHOT that we finally get an AR/VR product announcement.\"</p>\n<p><b>Apple Watch</b></p>\n<p>Apple could be planning a design change to its next Apple Watch, as rumors indicate the company is looking to slightly increase its screen sizes and make the casing style more similar to what's seen on the iPhone 12 line.</p>\n<p>The Apple Watch 7 could come in 41-millimeter and 45-millimeter screen sizes, according to Bloomberg News, up from 40 millimeters and 44 millimeters currently. Bloomberg isn't anticipating any meaningful health upgrades, noting that a body-temperature scanner may not show up until next year's models come out.</p>\n<p>The devices are expected to have a flat-edged look, according to MacRumors, similar to what the iPhone 12 line sports. There were indications that Apple faced production issues with the Apple Watch 7, mainly due to the new design, but MacRumors cited a recent report from noted Apple analyst Ming-Chi Kuo, who said that Apple has resolved its issues and still looks to be on track with its planned launch.</p>\n<p><b>AirPods</b></p>\n<p>Apple could also be set to launch a refreshed version of its entry-level AirPods headphones. Beyond the base model, Apple offers a Pro version of the earbuds and a set of high-quality, over-the-ear headphones, and Apple may borrow some features from those as it jazzes up its regular AirPods.</p>\n<p>To start, the company is expected to change up the design a bit, putting a shorter stem on the new AirPods, similar to what's seen on the AirPods Pro. A CNet roundup notes that Apple is rumored to be planning for the introduction of spatial-audio technology to the basic AirPods.</p>\n<p>Apple may intend to leave out noise-cancelling functions on this upcoming AirPods model, per a report from Bloomberg News that came out late last year.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's what Apple is expected to announce at its iPhone 13 launch event Tuesday</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\">\nHere's what Apple is expected to announce at its iPhone 13 launch event Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 15:05 GMT+8 <a href=https://www.marketwatch.com/story/heres-what-apple-is-expected-to-announce-at-its-iphone-13-launch-event-tuesday-11631480093?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple looks to refocus on the iPhone after App Store legal blow\nApple is set to unveil new devices at a Tuesday event.\nFresh off a legal sting in its battle over App Store payment practices, Apple Inc...</p>\n\n<a href=\"https://www.marketwatch.com/story/heres-what-apple-is-expected-to-announce-at-its-iphone-13-launch-event-tuesday-11631480093?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/heres-what-apple-is-expected-to-announce-at-its-iphone-13-launch-event-tuesday-11631480093?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2167630550","content_text":"Apple looks to refocus on the iPhone after App Store legal blow\nApple is set to unveil new devices at a Tuesday event.\nFresh off a legal sting in its battle over App Store payment practices, Apple Inc. will be looking to refocus attention back on its technology with its upcoming iPhone reveal.\nThe smartphone giant is expected to unveil its iPhone 13 lineup -- as well as new smartwatches, headphones and possibly more -- during its annual fall event Tuesday. The announcements will come just days after a federal judge ruled that Apple $(AAPL)$ could no longer prohibit app developers from offering alternate payment options beyond Apple's own in-app payment service, in a signal of the increasing backlash against the dominance of big technology companies.\nBut the average iPhone user is likely unconcerned with the machinations of in-app payments, and they will be Apple's target audience as the company rolls out its new lineup. The phones are expected to feature improvements to camera and video functions but have a similar design to last year's models.\nThe rumored upgrades mark perhaps more incremental improvements to the iPhone, unlike a year ago, when Apple brought 5G connectivity to its handsets for the first time and changed the phone's design. The iPhone 12 lineup has been selling well, and analysts seem generally upbeat about potential demand for the iPhone 13 family as well, despite what could be a lack of blockbuster feature upgrades.\n\"Given an improved economy, expanded 5G coverage, and low 5G smartphone ownership, we expect the iPhone 13 family to receive an enthusiastic reception,\" wrote Monness, Crespi, Hardt & Co. analyst Brian White.\nHere's what to watch for at Tuesday's event, which kicks off virtually at 1 p.m. ET.\niPhone\nThe iPhone has been the centerpiece of Apple's fall events and should be again this year.\nThe company is expected to roll out four new phones, just as it did last year, featuring a similar design. One possible change from a visual standpoint is a smaller notch on the top of the phones, but otherwise the devices shouldn't look too different from their predecessors. MacRumors predicts that some rumored changes, like the disappearance of the Lightning charging port or the return of a fingerprint sensor, won't actually manifest in the upcoming models.\nApple isn't likely to change the sizes of its phones this year, according to MacRumors, which is looking for the company to roll out a 5.4-inch iPhone mini, a 6.1-inch iPhone, a 6.1-inch iPhone Pro and a 6.7-inch iPhone Pro Max.\nThe biggest improvements could come to the camera. Apple is reportedly planning to introduce a video version of its Portrait Mode setting, according to Bloomberg News, which would let users capture videos with blurred backgrounds. The company is also looking to add a ProRes recording capability that would allow for high-resolution footage as well as new photo-diting functions that would let people make pictures warmer or cooler, without affecting the white tones, per the report.\nThere's also been talk of potential satellite capabilities in the next iPhones. Shares of satellite-communications company Globalstar Inc. surged after a report indicated that Apple was including low-earth orbit $(LEO)$ satellite communications so that users would be able to place calls or send messages without 4G or 5G cellular connections, but a second report suggested that Apple may limit this feature to emergency communications.\nAugmented reality\nApple's landing page for the Sept. 14 event contained an Easter egg for iPhone users, allowing them to click on the Apple logo and view it in augmented reality on top of their surroundings. That suggests to Global X research analyst Pedro Palandrani that the company could be planning a significant AR announcement.\nThe \"easy answer\" is that Apple would introduce a new AR feature for the iPhone, but there's \"not much to do there at this point,\" Palandrani told MarketWatch. \"I wouldn't be surprised if we get to see some Apple glasses,\" he continued, referring to the oft-discussed possibility that Apple would develop a form of AR glasses. Facebook Inc. (FB) recently unveiled its own pair of smart glasses.\nWhether Apple would be able to sell the hypothetical smart glasses immediately remains a question for Palandrani, given supply constraints impacting the broader consumer-electronics industry.\n\"Maybe they don't have the ability at this time to mass manufacture that type of device,\" he said, but in the near term, it's \"certainly a possibility.\"\nEvercore ISI analyst Amit Daryanani wrote that he sees \"a LONG SHOT that we finally get an AR/VR product announcement.\"\nApple Watch\nApple could be planning a design change to its next Apple Watch, as rumors indicate the company is looking to slightly increase its screen sizes and make the casing style more similar to what's seen on the iPhone 12 line.\nThe Apple Watch 7 could come in 41-millimeter and 45-millimeter screen sizes, according to Bloomberg News, up from 40 millimeters and 44 millimeters currently. Bloomberg isn't anticipating any meaningful health upgrades, noting that a body-temperature scanner may not show up until next year's models come out.\nThe devices are expected to have a flat-edged look, according to MacRumors, similar to what the iPhone 12 line sports. There were indications that Apple faced production issues with the Apple Watch 7, mainly due to the new design, but MacRumors cited a recent report from noted Apple analyst Ming-Chi Kuo, who said that Apple has resolved its issues and still looks to be on track with its planned launch.\nAirPods\nApple could also be set to launch a refreshed version of its entry-level AirPods headphones. Beyond the base model, Apple offers a Pro version of the earbuds and a set of high-quality, over-the-ear headphones, and Apple may borrow some features from those as it jazzes up its regular AirPods.\nTo start, the company is expected to change up the design a bit, putting a shorter stem on the new AirPods, similar to what's seen on the AirPods Pro. A CNet roundup notes that Apple is rumored to be planning for the introduction of spatial-audio technology to the basic AirPods.\nApple may intend to leave out noise-cancelling functions on this upcoming AirPods model, per a report from Bloomberg News that came out late last year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9962501693,"gmtCreate":1669796779912,"gmtModify":1676538245111,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9962501693","repostId":"1106229901","repostType":4,"repost":{"id":"1106229901","kind":"news","pubTimestamp":1669821685,"share":"https://ttm.financial/m/news/1106229901?lang=&edition=fundamental","pubTime":"2022-11-30 23:21","market":"us","language":"en","title":"SQQQ, TQQQ: Leveraged ETFs Can Be A (Short-Term) Home Run Or A (Long-Term) Loaded Gun","url":"https://stock-news.laohu8.com/highlight/detail?id=1106229901","media":"Seeking Alpha","summary":"SummaryLeveraged ETFs are explosive securities with the ability/potential to give your portfolio a b","content":"<html><head></head><body><h3>Summary</h3><ul><li>Leveraged ETFs are explosive securities with the ability/potential to give your portfolio a big boost ('home run') or to cause severe damage ('loaded gun').</li><li>'Home run' allows the batter (investor) to make a complete circuit (whole), and score a big r(et)u(r)n (as well as hedging) for the team (portfolio).</li><li>'Loaded gun' refers to something dangerous, an accident waiting to happen. Playing (investing) with something (leverage) that shouldn't be messed with.</li><li>In this article, we try to cover all the bases you may find within the leveraged ETFs pitch, particularly 3x-leveraged NASDAQ-100 and Semiconductor ETFs.</li></ul><h3>Prologue</h3><p>Nearly two weeks ago we wrote about 'hedging through shorting', while presenting our short positions in two 3x-leveraged ETFs: ProShares UltraPro QQQ ETF (NASDAQ:TQQQ) and Direxion Daily Semiconductor 3x Bull Shares ETF (SOXL).</p><p>In this article, we wish to remain within the same theme (hedging through shorting) and elaborate on this topic, particularly touching upon two very important aspects that are (not only related but) crucial to the theme:</p><p>1) Leveraged ETFs (in general): Buy vs. Sell, Pros and Cons, Risk and Reward.</p><p>2) Live demonstration of how leveraged ETFs' mechanics work (or don't work...): Specific examples using two pairs of growth/tech leveraged ETFs:</p><ul><li>Big Tech: ProShares UltraPro QQQ (TQQQ) vs ProShares UltraPro Short QQQ (NASDAQ:SQQQ)</li><li>Semiconductors: Direxion Daily Semiconductor 3X Bull Shares ETF (SOXL) vs Direxion Daily Semiconductor 3X Bear Shares ETF (SOXS)</li></ul><h3>Leveraged ETFs - Key Features</h3><p><b>Buy vs Sell</b></p><p>This is likely the most important aspect to keep in mind.</p><p>Since leveraged ETFs use options/derivatives to achieve the magnifying element (leveraging) - any leveraged ETF, by definition, suffers from time decay, aka "Theta".</p><blockquote>Time decay is a measure of the rate of decline in the value of an options contract due to the passage of time. Time decay accelerates as an option's time to expiration draws closer since there's less time to realize a profit from the trade. - [Source]</blockquote><p>What you need to know:</p><p>1. The closer an option is to its expiry date - the more rapidly it's losing money (to time decay).</p><p>2. An "At The Money" ("ATM") option will receive the biggest premium at the start, but will lose the most, at an accelerating pace, towards the end.</p><p>3. An "In The Money" ("ITM") option will receive the smallest premium at the start, and it will lose that premium, at a fairly steady pace, along its life.</p><p><img src=\"https://static.tigerbbs.com/368ed5a08b21ab35157fd2dafd062adb\" tg-width=\"1126\" tg-height=\"720\" referrerpolicy=\"no-referrer\"/>From a pure Theta perspective, it's categorically better to sell a leveraged ETF than to buy one, because the (loss of) time decay is working in the investor's favor.</p><h3>Pros and Cons</h3><p>Leveraged ETFs are risky instruments.</p><p>Therefore, there are certain features one must be aware of, and there are certain rules one would be better off adhering to.</p><ul><li>Leverage (of a benchmark)</li></ul><p>Principally, all leveraged ETFs are aiming to amplify the return of a non-leveraged instrument, usually an index. For example:</p><p><img src=\"https://static.tigerbbs.com/150dbfc8472af659f2d4d0944b5e98c5\" tg-width=\"639\" tg-height=\"389\" referrerpolicy=\"no-referrer\"/><img src=\"https://static.tigerbbs.com/3aacda8b59c69aea79e6571fb0afcdde\" tg-width=\"623\" tg-height=\"688\" referrerpolicy=\"no-referrer\"/>It's important to remain within one's comfort zone, and to ensure that the use of a leveraged ETF fits the investor's profile, needs, and risk aversion.</p><ul><li>Volatility</li></ul><p>Looking at the 30-Day Rolling Volatility, you can see that the leverage is amplifying not only the return, but also the volatility. A 3x-leveraged ETF is 3x as volatile as the benchmark it's looking to copy.</p><p>Semis:</p><p><img src=\"https://static.tigerbbs.com/d9d915744f2a6776e745da15b2cecab4\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Tech:</p><p><img src=\"https://static.tigerbbs.com/dfac9d30f417c667d74397fc29f1dcdd\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/></p><ul><li><b>Daily performance</b></li></ul><p>This is one of the features many investors miss or fail to understand.</p><p>Leveraged ETFs are trying to mimic the daily performance of a certain benchmark. As such, when you look at the daily (or short-term for that matter) performance - the leveraged ETF is likely to show a very/fairly close return to the leverage it offers (be it a long or a short mechanism). For example:</p><p>Semis' 1-day price change: Daily returns of SOXL and SOXS are about +3x and -3x, respectively, the daily return of SOXX.</p><p><img src=\"https://static.tigerbbs.com/08ca1f40fcd06f5ad9537f02af6ffe76\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Tech's 1-day price change: Daily returns of TQQQ and SQQQ are about +3x and -3x, respectively, the daily return of QQQ.</p><p><img src=\"https://static.tigerbbs.com/a55a842f81460cba9dc1a6938d472d92\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Nonetheless, if we move to a longer period, say 2022, the math isn't as straight as it's when we look at the short-term.</p><p>Semis' YTD price change: YTD returns of SOXL and SOXS are about +2.65x and -0.07x, respectively, the YTD return of SOXX.</p><p><img src=\"https://static.tigerbbs.com/92d1ddfcba6984ae9d30559901dfc14c\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Tech's YTD price change: YTD returns of TQQQ and SQQQ are about +2.61x and -2.87x [=(52.59+28.13)/-28.13], respectively, the daily return of QQQ.</p><p><img src=\"https://static.tigerbbs.com/411ddaf98aa8aa072f20f9953bac8e26\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Over time, and assuming the benchmark/index doesn't move in a (fairly) straight line - the performance of a leveraged ETF may differ significantly from the performance of the underlying benchmark.</p><h3>Risk and Reward</h3><ul><li>Phenomenal/Horrendous Total Returns</li></ul><p>First and foremost, as you may well understand, the main risk is the (quite reasonable) scenario of losing a lot of money, quickly.</p><p>Of course, there's always the flip-side of that coin, and leveraged ETFs may also deliver significant returns (during short periods).</p><p>If "Timing is Everything", generally speaking, it's even more crucial when it comes to buying leveraged ETFs. One must have a high conviction, a near-perfect timing, a short-term trading view/mentality, and an exit (including stop loss) strategy. [We elaborate on these elements at the end of this article.]</p><p>Below you can see the total returns of the leveraged ETFs we focus on during two very different periods.</p><p>1) Bear Market: Total Return since Dec. 27, 2021</p><p>Semis:</p><p><img src=\"https://static.tigerbbs.com/6894a55ca17620f94b6c167ef6402e40\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Tech:</p><p><img src=\"https://static.tigerbbs.com/1101bbe95e105d513c3e3ea4558a48fd\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Clearly, there's a lot of money to be lost (or made) during a bear market with any instrument, let alone 3x-leveraged ETFs. While the benchmarks (SOXX, QQQ) have lost ~30%, the ultra long ETFs (SOXL, TQQQ) have lost over 3/4 of their value, and the ultra short ETFs (SOXS, SQQQ) have actually gained.</p><p>Pay attention to the divergence between SOXS (a gain of only 4.5%) and SQQQ (a gain of 59.3%), a result of the recent speedy recovery of Semis (relative to Tech) in recent weeks.</p><p>2) Bull Market: Total Return from Mar. 23, 2020 to Dec. 27, 2021</p><p>Semis:</p><p><img src=\"https://static.tigerbbs.com/92b8f1a0c1b82b3cb1e5ad23e4896cd7\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Tech:</p><p><img src=\"https://static.tigerbbs.com/b74788301b08e6b05cb21c07a2bf633e\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Clearly, there's a lot of money to be lost (or made) during a bull market with any instrument, let alone 3x-leveraged ETFs. While the benchmarks (SOXX, QQQ) have gained low triple-digit %, the ultra long ETFs (SOXL, TQQQ) have delivered stunning returns. At the same time, the ultra short ETFs (SOXS, SQQQ) have practically vanished, leaving investors with (nearly) nothing out of their initial investments.</p><ul><li>The Longer the Tenure - the Higher the Risk of Losing Big</li></ul><p>Secondly, and regardless of the (bull or bear) type of market we're in and/or the total return over a certain period, leveraged ETFs are guaranteed to lose value over time. Putting it differently, the longer you stick to these instruments - the higher the odds of a significant drawdown.</p><p>Below you can see how deep is the decline that leveraged ETFs have (thus may) suffered from (% off-high) over different tenures.</p><ul><li>3 years: While the long versions (SOXL, TQQQ) have lost 75%-80%, the short versions (SOXS, SQQQ) have lost nearly their entire value.</li></ul><p><img src=\"https://static.tigerbbs.com/8a6e0590652f7807dac6b79902906e56\" tg-width=\"635\" tg-height=\"501\" referrerpolicy=\"no-referrer\"/>10 years: While the long versions (SOXL, TQQQ) have lost 75%-80%, the short versions (SOXS, SQQQ) have lost nearly their entire value.</p><p><img src=\"https://static.tigerbbs.com/06cfda7540359bd9cc38adb53f3c0ce5\" tg-width=\"635\" tg-height=\"501\" referrerpolicy=\"no-referrer\"/>Although the past decade can definitely be described as a bull market (overall), leveraged ETFs have been hammered, no matter whether they were long or short the underlying benchmarks.</p><p>This, once again, proves that these instruments can't be held (long position) over the long run. You can be long, but not for too long.</p><ul><li>"The Road is Long With Many a Winding Turn" [Source]</li></ul><p>Finally, it's important to understand that both time and slope play a major role in determining the return, therefore worthiness, of trading a leveraged ETF.</p><p>It's very unlikely, almost impossible, for your long (short) leveraged ETF position to deliver a return equal to the (inverse) return of the underlying, non-leveraged, benchmark.</p><p>To explain this, let's use the S&P 500 and its +/-1/2/3 leveraged versions.</p><p>Naturally, the 2x- (SSO, SDS) and 3x- (SPXL, SPXU) leveraged versions are 2x and 3x as volatile as the non-leveraged versions (SPY, SH).</p><p><img src=\"https://static.tigerbbs.com/bad8a8d33cac5ca5325d1e87252fcc57\" tg-width=\"635\" tg-height=\"501\" referrerpolicy=\"no-referrer\"/>But does the extra volatility usually/automatically translate into higher returns? Not necessarily.</p><p>YTD: While the returns of the long versions (SPY, SSO, SPXL) make sense (from a leverage/volatility perspective), those of the short versions (SH, SDS, SPXS) don't.</p><p>As a matter of fact, the 2x-leveraged SDS and the 3x-leveraged SPXS have delivered nearly the same total returns. If so, why would one pick the more risky SPXS over the less risky SDS!?</p><p><img src=\"https://static.tigerbbs.com/70c1d7bf3df268038e733ac481808cfd\" tg-width=\"635\" tg-height=\"501\" referrerpolicy=\"no-referrer\"/>3-Year: The 2x-leveraged SSO has returned twice as much as the 3x-leveraged SPXL. Moreover, the non-leveraged SPY is only ~4.4% short of SSO's total return.</p><p>In both cases, the extra risk (volatility) hasn't resulted in a better performance; quite the contrary.</p><p><img src=\"https://static.tigerbbs.com/8fb13320549920cff3809ee8726cb761\" tg-width=\"635\" tg-height=\"501\" referrerpolicy=\"no-referrer\"/>5-Year: Once again, the 2x-leveraged SSO has returned more than the 3x-leveraged SPXL. Moreover, the 2x-leveraged SDS hasn't performed a lot better than the 3x-leveraged SPXS.</p><p><img src=\"https://static.tigerbbs.com/cdad0968ee275882b1bde91148e5adc6\" tg-width=\"635\" tg-height=\"501\" referrerpolicy=\"no-referrer\"/>10-Year: The short ETFs, whether leveraged or not, got battered. The long ETFs, however, are looking as good as how you wish a leveraged ETF (that you buy) to be.</p><p>SPXL and SSO have returned more than 4x and ~2.5x, respectively, what SPY has.</p><h3><img src=\"https://static.tigerbbs.com/f1fa1010c919a4c479c723f41feca151\" tg-width=\"635\" tg-height=\"501\" referrerpolicy=\"no-referrer\"/>Macro Trading Factory - Trading Alerts</h3><p>Here is some of the information that we posted when we issued the most recent trading alerts ("TAs") to our subscribers.</p><p>We are happy to share this information here, as we believe it's relevant and allows for a better understanding of the topic.</p><p><b>TA dated Nov. 14, 2022:</b></p><p>These TAs were discussed and explained in the piece that we've published Nov. 14.</p><p>The main message: With the SPX reaching the 4000 mark, we wish to employ some anti-tech/growth hedging again, and by doing so we're (once again) reducing our net long exposure (back to the low 60s% area).</p><p>Recall that there are two pairs we're referring to:</p><ul><li>Direxion Daily Semiconductor 3X Bull Shares ETF (SOXL) vs. Direxion Daily Semiconductor 3X Bear Shares ETF (SOXS) >>> We're shorting SOXL, but one may buy SOXS for a similar (though not equivalent) effect.</li><li>ProShares UltraPro QQQ (TQQQ) vs ProShares UltraPro Short QQQ (SQQQ) >>> We're shorting TQQQ, but one may buy SQQQ for a similar (though not equivalent) effect.</li></ul><p>Key points to keep in mind:</p><p><b>Total Assets Under Management:</b></p><p>The 3x-bullish ETFs (SOXL, TQQQ) are attracting a lot more money than their 3x-bearish counterparts (SOXS, SQQQ).</p><p>Having said that, last week no less than $658M was funneled into SQQQ. Per Bloomberg, that’s the largest-ever inflow for a product that aims to deliver 3x the opposite performance of the US benchmark for major technology companies.</p><p><img src=\"https://static.tigerbbs.com/9724d5357aacd21faca67fa41303f501\" tg-width=\"635\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/>When looking at the Daily Price Change the movements are fairly close in absolute terms, i.e. SOXL is moving like SOXS and TQQQ is moving like SQQQ.</p><p><img src=\"https://static.tigerbbs.com/4c47be4c766220c701899bf0d6a101de\" tg-width=\"635\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/>Nevertheless, things are changing over time.</p><p>The longer the period - the greater the (potential) divergence.</p><p>It's not guaranteed, but shorting the 3x-bullish ETFs is likely to deliver a better return than buying the 3x-bearish ETFs.</p><p><img src=\"https://static.tigerbbs.com/3bd04a6dd22233fa049980c445da8fe1\" tg-width=\"635\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><b>TA dated Nov. 15, 2022:</b></p><p>Nothing to add to what we wrote Nov. 14, but still - we would like to show you how even the technical analysis supports the fundamentals and risk aversion mode we see ahead.</p><p>Recall that it's not advisable to do technical analysis using leveraged instruments. Leverage is just a "wrapper" not the base "package" which is the non-leveraged instrument.</p><p>Having that in mind, here are the two, relevant, non-leveraged instruments on which we conduct some technical analysis. [Note that they're very similar in terms of nature and the message they deliver.]</p><p>SOXX is currently hitting (or just about to hit) three resistance levels:</p><ul><li>200-DMA</li><li>Long-term down-trending red line</li><li>Short-term (horizontal) green line</li></ul><p><img src=\"https://static.tigerbbs.com/b6eee7104e4db90857447d7d121ae952\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/>QQQ is coming close to hit three resistance levels:</p><ul><li>200-DMA</li><li>Long-term down-trending red line</li><li>Short-term (horizontal) green line</li></ul><h3><img src=\"https://static.tigerbbs.com/e598be9ef4639bb84d081b6c7683223a\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/>Epilogue</h3><p>A leveraged ETF can be your best friend when you get the direction and timing right, but it can be your worst nightmare when you get the direction and timing wrong.</p><p>We hope that through this article, we've managed to assist you with better understanding the Dr. Jekyll ('Home Run') and Mr. Hyde ('Loaded Gun') natures (characteristics) of these instruments.</p><p>As we mentioned above, when buying a leveraged ETF, it's very important to keep the pros and cons, risk and reward, in mind but it's not enough. In addition to all these attributes, one musts also have the following:</p><p><b>1) High Conviction</b>: Buying a leveraged ETF requires a higher-than-usual conviction, in line with the significantly higher volatility. "Feeling good" about the upside potential of an investing idea isn't enough and an in-depth analysis regarding the downside risk is key.</p><p>If we believe the downside risk of the underlying (non-leveraged) to be significant (usually 20%), we're less likely to move in, even if the upside is way more significant.</p><p>Unlike a non-leveraged security that we may buy (if the risk/reward is very attractive) even if the downside risk is significant, when it comes to a leveraged ETF downside risk rules (overcoming the risk/reward profile, no matter how attractive the latter is).</p><p><b>2) Near-perfect timing</b>: It's very hard to find the "right moment", surely the "perfect timing". The latter is based on pure luck and only retrospectively we are in position to know whether our timing was good or not.</p><p>Therefore, when we say "near perfect timing" we actually refer to maximum hesitation and patience. Take your time, don't rush, and let the stabilization, consolidation, and/or capitulation periods show their pretty, and more important: less risky, face.</p><p>In line with that, it's strongly advisable to build a position involving a leveraged ETF over time. Indeed, it's likely going to be a relatively short time, in order to match the "hit the iron while it's hot" concept. Still, it's better to 'hit' a leveraged 'iron' several times rather than only once or twice.</p><p><b>3) Short-term trading view/mentality</b>: We believe that investors mustn't "get married" with any position, surely not with a leveraged ETF.</p><p>Any position has a (stretched) valuation where it warrants a sale, and when it comes to leveraged ETFs - quick "love affairs" is the name of the game.</p><p>Leveraged ETFs aren't the type of instrument you wish to get older with. They are only suitable for certain times and there's no reason to extend their hospitality for too long.</p><p>Best is to pre-set levels and targets, and once those get fulfilled - kiss the leveraged ETF goodbye. No hard feelings, and no need to shed tears.</p><p><b>4) An exit (including stop loss) strategy</b>:</p><p>Not every encounter we have in life results in a pleasant experience. Some encounters are very enjoyable/profitable, some less, and a few may suck big time.</p><p>The idea is to minimize the latter type and to avoid stretching the former type.</p><p>If it works out quickly - say goodbye quickly.</p><p>If you still wish to examine the relationship - let it be, as long as the examining period doesn't come at the expense of other, possibly better, encounters.</p><p>But if it looks as if there's no future here - there's really no reason to stick around. Cut your losses and move on.</p><p>Obviously, easier said (or written) than done, but here's an example of all the trades we suggested involving SOXL, one of the leveraged ETF we were active with this year on both LONG and SHORT fronts.</p><p><img src=\"https://static.tigerbbs.com/c0fceeac15e08c937192dbffd184eb9a\" tg-width=\"635\" tg-height=\"515\" referrerpolicy=\"no-referrer\"/>I don't think we had perfect timing, but we did have pretty good timing.</p><p>More importantly, we had a high conviction [Note: different times = different directions!], we surely had/have a short-term trading view/mentality, and we certainly didn't/don't fall in love with the position - be it a LONG or a SHORT one.</p><p>Last but not least, keep in mind that we use leveraged ETFs as part of our HEDGING strategy, which means that there are LONG positions (we wish to protect) against the SHORT positions (if and when we open such positions).</p><p>This isn't something we suggest the average investor do without having the necessary ingredients (knowledge, experience, guts/risk aversion) and tools (risk analysis, portfolio management, modeling) to support such an activity.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSQQQ, TQQQ: Leveraged ETFs Can Be A (Short-Term) Home Run Or A (Long-Term) Loaded Gun\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-30 23:21 GMT+8 <a href=https://seekingalpha.com/article/4561075-sqqq-tqqq-leveraged-etfs-home-run-or-loaded-gun><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryLeveraged ETFs are explosive securities with the ability/potential to give your portfolio a big boost ('home run') or to cause severe damage ('loaded gun').'Home run' allows the batter (...</p>\n\n<a href=\"https://seekingalpha.com/article/4561075-sqqq-tqqq-leveraged-etfs-home-run-or-loaded-gun\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TQQQ":"纳指三倍做多ETF","SQQQ":"纳指三倍做空ETF"},"source_url":"https://seekingalpha.com/article/4561075-sqqq-tqqq-leveraged-etfs-home-run-or-loaded-gun","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1106229901","content_text":"SummaryLeveraged ETFs are explosive securities with the ability/potential to give your portfolio a big boost ('home run') or to cause severe damage ('loaded gun').'Home run' allows the batter (investor) to make a complete circuit (whole), and score a big r(et)u(r)n (as well as hedging) for the team (portfolio).'Loaded gun' refers to something dangerous, an accident waiting to happen. Playing (investing) with something (leverage) that shouldn't be messed with.In this article, we try to cover all the bases you may find within the leveraged ETFs pitch, particularly 3x-leveraged NASDAQ-100 and Semiconductor ETFs.PrologueNearly two weeks ago we wrote about 'hedging through shorting', while presenting our short positions in two 3x-leveraged ETFs: ProShares UltraPro QQQ ETF (NASDAQ:TQQQ) and Direxion Daily Semiconductor 3x Bull Shares ETF (SOXL).In this article, we wish to remain within the same theme (hedging through shorting) and elaborate on this topic, particularly touching upon two very important aspects that are (not only related but) crucial to the theme:1) Leveraged ETFs (in general): Buy vs. Sell, Pros and Cons, Risk and Reward.2) Live demonstration of how leveraged ETFs' mechanics work (or don't work...): Specific examples using two pairs of growth/tech leveraged ETFs:Big Tech: ProShares UltraPro QQQ (TQQQ) vs ProShares UltraPro Short QQQ (NASDAQ:SQQQ)Semiconductors: Direxion Daily Semiconductor 3X Bull Shares ETF (SOXL) vs Direxion Daily Semiconductor 3X Bear Shares ETF (SOXS)Leveraged ETFs - Key FeaturesBuy vs SellThis is likely the most important aspect to keep in mind.Since leveraged ETFs use options/derivatives to achieve the magnifying element (leveraging) - any leveraged ETF, by definition, suffers from time decay, aka \"Theta\".Time decay is a measure of the rate of decline in the value of an options contract due to the passage of time. Time decay accelerates as an option's time to expiration draws closer since there's less time to realize a profit from the trade. - [Source]What you need to know:1. The closer an option is to its expiry date - the more rapidly it's losing money (to time decay).2. An \"At The Money\" (\"ATM\") option will receive the biggest premium at the start, but will lose the most, at an accelerating pace, towards the end.3. An \"In The Money\" (\"ITM\") option will receive the smallest premium at the start, and it will lose that premium, at a fairly steady pace, along its life.From a pure Theta perspective, it's categorically better to sell a leveraged ETF than to buy one, because the (loss of) time decay is working in the investor's favor.Pros and ConsLeveraged ETFs are risky instruments.Therefore, there are certain features one must be aware of, and there are certain rules one would be better off adhering to.Leverage (of a benchmark)Principally, all leveraged ETFs are aiming to amplify the return of a non-leveraged instrument, usually an index. For example:It's important to remain within one's comfort zone, and to ensure that the use of a leveraged ETF fits the investor's profile, needs, and risk aversion.VolatilityLooking at the 30-Day Rolling Volatility, you can see that the leverage is amplifying not only the return, but also the volatility. A 3x-leveraged ETF is 3x as volatile as the benchmark it's looking to copy.Semis:Tech:Daily performanceThis is one of the features many investors miss or fail to understand.Leveraged ETFs are trying to mimic the daily performance of a certain benchmark. As such, when you look at the daily (or short-term for that matter) performance - the leveraged ETF is likely to show a very/fairly close return to the leverage it offers (be it a long or a short mechanism). For example:Semis' 1-day price change: Daily returns of SOXL and SOXS are about +3x and -3x, respectively, the daily return of SOXX.Tech's 1-day price change: Daily returns of TQQQ and SQQQ are about +3x and -3x, respectively, the daily return of QQQ.Nonetheless, if we move to a longer period, say 2022, the math isn't as straight as it's when we look at the short-term.Semis' YTD price change: YTD returns of SOXL and SOXS are about +2.65x and -0.07x, respectively, the YTD return of SOXX.Tech's YTD price change: YTD returns of TQQQ and SQQQ are about +2.61x and -2.87x [=(52.59+28.13)/-28.13], respectively, the daily return of QQQ.Over time, and assuming the benchmark/index doesn't move in a (fairly) straight line - the performance of a leveraged ETF may differ significantly from the performance of the underlying benchmark.Risk and RewardPhenomenal/Horrendous Total ReturnsFirst and foremost, as you may well understand, the main risk is the (quite reasonable) scenario of losing a lot of money, quickly.Of course, there's always the flip-side of that coin, and leveraged ETFs may also deliver significant returns (during short periods).If \"Timing is Everything\", generally speaking, it's even more crucial when it comes to buying leveraged ETFs. One must have a high conviction, a near-perfect timing, a short-term trading view/mentality, and an exit (including stop loss) strategy. [We elaborate on these elements at the end of this article.]Below you can see the total returns of the leveraged ETFs we focus on during two very different periods.1) Bear Market: Total Return since Dec. 27, 2021Semis:Tech:Clearly, there's a lot of money to be lost (or made) during a bear market with any instrument, let alone 3x-leveraged ETFs. While the benchmarks (SOXX, QQQ) have lost ~30%, the ultra long ETFs (SOXL, TQQQ) have lost over 3/4 of their value, and the ultra short ETFs (SOXS, SQQQ) have actually gained.Pay attention to the divergence between SOXS (a gain of only 4.5%) and SQQQ (a gain of 59.3%), a result of the recent speedy recovery of Semis (relative to Tech) in recent weeks.2) Bull Market: Total Return from Mar. 23, 2020 to Dec. 27, 2021Semis:Tech:Clearly, there's a lot of money to be lost (or made) during a bull market with any instrument, let alone 3x-leveraged ETFs. While the benchmarks (SOXX, QQQ) have gained low triple-digit %, the ultra long ETFs (SOXL, TQQQ) have delivered stunning returns. At the same time, the ultra short ETFs (SOXS, SQQQ) have practically vanished, leaving investors with (nearly) nothing out of their initial investments.The Longer the Tenure - the Higher the Risk of Losing BigSecondly, and regardless of the (bull or bear) type of market we're in and/or the total return over a certain period, leveraged ETFs are guaranteed to lose value over time. Putting it differently, the longer you stick to these instruments - the higher the odds of a significant drawdown.Below you can see how deep is the decline that leveraged ETFs have (thus may) suffered from (% off-high) over different tenures.3 years: While the long versions (SOXL, TQQQ) have lost 75%-80%, the short versions (SOXS, SQQQ) have lost nearly their entire value.10 years: While the long versions (SOXL, TQQQ) have lost 75%-80%, the short versions (SOXS, SQQQ) have lost nearly their entire value.Although the past decade can definitely be described as a bull market (overall), leveraged ETFs have been hammered, no matter whether they were long or short the underlying benchmarks.This, once again, proves that these instruments can't be held (long position) over the long run. You can be long, but not for too long.\"The Road is Long With Many a Winding Turn\" [Source]Finally, it's important to understand that both time and slope play a major role in determining the return, therefore worthiness, of trading a leveraged ETF.It's very unlikely, almost impossible, for your long (short) leveraged ETF position to deliver a return equal to the (inverse) return of the underlying, non-leveraged, benchmark.To explain this, let's use the S&P 500 and its +/-1/2/3 leveraged versions.Naturally, the 2x- (SSO, SDS) and 3x- (SPXL, SPXU) leveraged versions are 2x and 3x as volatile as the non-leveraged versions (SPY, SH).But does the extra volatility usually/automatically translate into higher returns? Not necessarily.YTD: While the returns of the long versions (SPY, SSO, SPXL) make sense (from a leverage/volatility perspective), those of the short versions (SH, SDS, SPXS) don't.As a matter of fact, the 2x-leveraged SDS and the 3x-leveraged SPXS have delivered nearly the same total returns. If so, why would one pick the more risky SPXS over the less risky SDS!?3-Year: The 2x-leveraged SSO has returned twice as much as the 3x-leveraged SPXL. Moreover, the non-leveraged SPY is only ~4.4% short of SSO's total return.In both cases, the extra risk (volatility) hasn't resulted in a better performance; quite the contrary.5-Year: Once again, the 2x-leveraged SSO has returned more than the 3x-leveraged SPXL. Moreover, the 2x-leveraged SDS hasn't performed a lot better than the 3x-leveraged SPXS.10-Year: The short ETFs, whether leveraged or not, got battered. The long ETFs, however, are looking as good as how you wish a leveraged ETF (that you buy) to be.SPXL and SSO have returned more than 4x and ~2.5x, respectively, what SPY has.Macro Trading Factory - Trading AlertsHere is some of the information that we posted when we issued the most recent trading alerts (\"TAs\") to our subscribers.We are happy to share this information here, as we believe it's relevant and allows for a better understanding of the topic.TA dated Nov. 14, 2022:These TAs were discussed and explained in the piece that we've published Nov. 14.The main message: With the SPX reaching the 4000 mark, we wish to employ some anti-tech/growth hedging again, and by doing so we're (once again) reducing our net long exposure (back to the low 60s% area).Recall that there are two pairs we're referring to:Direxion Daily Semiconductor 3X Bull Shares ETF (SOXL) vs. Direxion Daily Semiconductor 3X Bear Shares ETF (SOXS) >>> We're shorting SOXL, but one may buy SOXS for a similar (though not equivalent) effect.ProShares UltraPro QQQ (TQQQ) vs ProShares UltraPro Short QQQ (SQQQ) >>> We're shorting TQQQ, but one may buy SQQQ for a similar (though not equivalent) effect.Key points to keep in mind:Total Assets Under Management:The 3x-bullish ETFs (SOXL, TQQQ) are attracting a lot more money than their 3x-bearish counterparts (SOXS, SQQQ).Having said that, last week no less than $658M was funneled into SQQQ. Per Bloomberg, that’s the largest-ever inflow for a product that aims to deliver 3x the opposite performance of the US benchmark for major technology companies.When looking at the Daily Price Change the movements are fairly close in absolute terms, i.e. SOXL is moving like SOXS and TQQQ is moving like SQQQ.Nevertheless, things are changing over time.The longer the period - the greater the (potential) divergence.It's not guaranteed, but shorting the 3x-bullish ETFs is likely to deliver a better return than buying the 3x-bearish ETFs.TA dated Nov. 15, 2022:Nothing to add to what we wrote Nov. 14, but still - we would like to show you how even the technical analysis supports the fundamentals and risk aversion mode we see ahead.Recall that it's not advisable to do technical analysis using leveraged instruments. Leverage is just a \"wrapper\" not the base \"package\" which is the non-leveraged instrument.Having that in mind, here are the two, relevant, non-leveraged instruments on which we conduct some technical analysis. [Note that they're very similar in terms of nature and the message they deliver.]SOXX is currently hitting (or just about to hit) three resistance levels:200-DMALong-term down-trending red lineShort-term (horizontal) green lineQQQ is coming close to hit three resistance levels:200-DMALong-term down-trending red lineShort-term (horizontal) green lineEpilogueA leveraged ETF can be your best friend when you get the direction and timing right, but it can be your worst nightmare when you get the direction and timing wrong.We hope that through this article, we've managed to assist you with better understanding the Dr. Jekyll ('Home Run') and Mr. Hyde ('Loaded Gun') natures (characteristics) of these instruments.As we mentioned above, when buying a leveraged ETF, it's very important to keep the pros and cons, risk and reward, in mind but it's not enough. In addition to all these attributes, one musts also have the following:1) High Conviction: Buying a leveraged ETF requires a higher-than-usual conviction, in line with the significantly higher volatility. \"Feeling good\" about the upside potential of an investing idea isn't enough and an in-depth analysis regarding the downside risk is key.If we believe the downside risk of the underlying (non-leveraged) to be significant (usually 20%), we're less likely to move in, even if the upside is way more significant.Unlike a non-leveraged security that we may buy (if the risk/reward is very attractive) even if the downside risk is significant, when it comes to a leveraged ETF downside risk rules (overcoming the risk/reward profile, no matter how attractive the latter is).2) Near-perfect timing: It's very hard to find the \"right moment\", surely the \"perfect timing\". The latter is based on pure luck and only retrospectively we are in position to know whether our timing was good or not.Therefore, when we say \"near perfect timing\" we actually refer to maximum hesitation and patience. Take your time, don't rush, and let the stabilization, consolidation, and/or capitulation periods show their pretty, and more important: less risky, face.In line with that, it's strongly advisable to build a position involving a leveraged ETF over time. Indeed, it's likely going to be a relatively short time, in order to match the \"hit the iron while it's hot\" concept. Still, it's better to 'hit' a leveraged 'iron' several times rather than only once or twice.3) Short-term trading view/mentality: We believe that investors mustn't \"get married\" with any position, surely not with a leveraged ETF.Any position has a (stretched) valuation where it warrants a sale, and when it comes to leveraged ETFs - quick \"love affairs\" is the name of the game.Leveraged ETFs aren't the type of instrument you wish to get older with. They are only suitable for certain times and there's no reason to extend their hospitality for too long.Best is to pre-set levels and targets, and once those get fulfilled - kiss the leveraged ETF goodbye. No hard feelings, and no need to shed tears.4) An exit (including stop loss) strategy:Not every encounter we have in life results in a pleasant experience. Some encounters are very enjoyable/profitable, some less, and a few may suck big time.The idea is to minimize the latter type and to avoid stretching the former type.If it works out quickly - say goodbye quickly.If you still wish to examine the relationship - let it be, as long as the examining period doesn't come at the expense of other, possibly better, encounters.But if it looks as if there's no future here - there's really no reason to stick around. Cut your losses and move on.Obviously, easier said (or written) than done, but here's an example of all the trades we suggested involving SOXL, one of the leveraged ETF we were active with this year on both LONG and SHORT fronts.I don't think we had perfect timing, but we did have pretty good timing.More importantly, we had a high conviction [Note: different times = different directions!], we surely had/have a short-term trading view/mentality, and we certainly didn't/don't fall in love with the position - be it a LONG or a SHORT one.Last but not least, keep in mind that we use leveraged ETFs as part of our HEDGING strategy, which means that there are LONG positions (we wish to protect) against the SHORT positions (if and when we open such positions).This isn't something we suggest the average investor do without having the necessary ingredients (knowledge, experience, guts/risk aversion) and tools (risk analysis, portfolio management, modeling) to support such an activity.","news_type":1},"isVote":1,"tweetType":1,"viewCount":704,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885088882,"gmtCreate":1631745699146,"gmtModify":1676530621628,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Hope it is a nice pullback","listText":"Hope it is a nice pullback","text":"Hope it is a nice pullback","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/885088882","repostId":"1148341685","repostType":4,"repost":{"id":"1148341685","kind":"news","pubTimestamp":1631660884,"share":"https://ttm.financial/m/news/1148341685?lang=&edition=fundamental","pubTime":"2021-09-15 07:08","market":"us","language":"en","title":"U.S. stocks close lower on worries over recovery, corporate tax hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=1148341685","media":"Reuters","summary":"NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing","content":"<p>NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.</p>\n<p>Optimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.</p>\n<p>So far this month the S&P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.</p>\n<p>“There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”</p>\n<p>The advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.</p>\n<p>“We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”</p>\n<p>The CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.</p>\n<p>U.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]</p>\n<p>The long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.</p>\n<p>The Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.</p>\n<p>All 11 major sectors in the S&P 500 ended the session red, with energy and financials suffering the largest percentage drops.</p>\n<p>Apple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&P 500 and the Nasdaq.</p>\n<p>Intuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.</p>\n<p>CureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.</p>\n<p>The S&P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.</p>\n<p>Volume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks close lower on worries over recovery, corporate tax hikes</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\">\nU.S. stocks close lower on worries over recovery, corporate tax hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-15 07:08 GMT+8 <a href=https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148341685","content_text":"NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.\nOptimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.\nSo far this month the S&P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.\n“There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”\nThe advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.\n“We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”\nThe CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.\nU.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]\nThe long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.\nThe Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.\nAll 11 major sectors in the S&P 500 ended the session red, with energy and financials suffering the largest percentage drops.\nApple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&P 500 and the Nasdaq.\nIntuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.\nCureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.\nDeclining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.\nThe S&P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.\nVolume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":324,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881195061,"gmtCreate":1631314979753,"gmtModify":1676530524929,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Upp","listText":"Upp","text":"Upp","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/881195061","repostId":"1134155855","repostType":4,"repost":{"id":"1134155855","kind":"news","pubTimestamp":1631284279,"share":"https://ttm.financial/m/news/1134155855?lang=&edition=fundamental","pubTime":"2021-09-10 22:31","market":"uk","language":"en","title":"Apple Chip Designer Imagination Considers London IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1134155855","media":"Bloomberg","summary":"U.K. semiconductor firm working with Lazard to study options.\nChina-backed Canyon Bridge fund bought","content":"<ul>\n <li>U.K. semiconductor firm working with Lazard to study options.</li>\n <li>China-backed Canyon Bridge fund bought company in 2017.</li>\n</ul>\n<p>Imagination Technologies Ltd., the British semiconductor designer with ties to a Chinese state investor, is exploring options including a potential initial public offering in London, people familiar with the matter said.</p>\n<p>The Hertfordshire, England-based company is working withLazard Ltd.to study strategic alternatives, according to the people, who asked not to be identified because the information is private. Imagination Technologies could also consider a sale, one of the people said.</p>\n<p>Imagination Technologies is owned by China-backed private equity firmCanyon Bridge Capital Partners. It will add more advisers later if it decides to proceed with a share sale, the people said. Deliberations are in the early stages, and there’s no certainty they will lead to a transaction, the people said.</p>\n<p>Representatives for Imagination Technologies and Lazard declined to comment, while a spokesperson for Canyon Bridge couldn’t be reached for comment.</p>\n<p>Imagination Technologies, which licenses its designs toApple Inc., came under scrutiny last year over its relationship withChina Reform Fund Management, the state-owned asset manager that backs its private equity owner. A plan to put representatives from China Reform on Imagination’s board resulted in a backlash and the resignation of Chief Executive Officer Ron Black.</p>\n<p>After the proposal was ultimately withdrawn, the U.K. Parliament’s Foreign Affairs Committee asked interim CEO Ray Bingham to appear to reassure lawmakers that the move wasn’t part of a plan to shift the company’s technology to China.</p>\n<p>Canyon Bridge, with offices in California and Beijing,acquiredImagination in 2017 for about 550 million pounds ($763 million) with a fund that was almost entirely provided by China Reform.</p>\n<p>The sale followed Apple’s announcement that year that it would wind down its agreement with Imagination, sending the stock plunging. At the time, Apple accounted for more than half of Imagination’s revenue. Imaginationrenewedits licensing agreement with Apple in January 2020.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Chip Designer Imagination Considers London IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Chip Designer Imagination Considers London IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-10 22:31 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-09-10/apple-chip-designer-imagination-is-said-to-consider-london-ipo><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.K. semiconductor firm working with Lazard to study options.\nChina-backed Canyon Bridge fund bought company in 2017.\n\nImagination Technologies Ltd., the British semiconductor designer with ties to a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-09-10/apple-chip-designer-imagination-is-said-to-consider-london-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-09-10/apple-chip-designer-imagination-is-said-to-consider-london-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134155855","content_text":"U.K. semiconductor firm working with Lazard to study options.\nChina-backed Canyon Bridge fund bought company in 2017.\n\nImagination Technologies Ltd., the British semiconductor designer with ties to a Chinese state investor, is exploring options including a potential initial public offering in London, people familiar with the matter said.\nThe Hertfordshire, England-based company is working withLazard Ltd.to study strategic alternatives, according to the people, who asked not to be identified because the information is private. Imagination Technologies could also consider a sale, one of the people said.\nImagination Technologies is owned by China-backed private equity firmCanyon Bridge Capital Partners. It will add more advisers later if it decides to proceed with a share sale, the people said. Deliberations are in the early stages, and there’s no certainty they will lead to a transaction, the people said.\nRepresentatives for Imagination Technologies and Lazard declined to comment, while a spokesperson for Canyon Bridge couldn’t be reached for comment.\nImagination Technologies, which licenses its designs toApple Inc., came under scrutiny last year over its relationship withChina Reform Fund Management, the state-owned asset manager that backs its private equity owner. A plan to put representatives from China Reform on Imagination’s board resulted in a backlash and the resignation of Chief Executive Officer Ron Black.\nAfter the proposal was ultimately withdrawn, the U.K. Parliament’s Foreign Affairs Committee asked interim CEO Ray Bingham to appear to reassure lawmakers that the move wasn’t part of a plan to shift the company’s technology to China.\nCanyon Bridge, with offices in California and Beijing,acquiredImagination in 2017 for about 550 million pounds ($763 million) with a fund that was almost entirely provided by China Reform.\nThe sale followed Apple’s announcement that year that it would wind down its agreement with Imagination, sending the stock plunging. At the time, Apple accounted for more than half of Imagination’s revenue. Imaginationrenewedits licensing agreement with Apple in January 2020.","news_type":1},"isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9073238312,"gmtCreate":1657344589036,"gmtModify":1676535995888,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9073238312","repostId":"1106697268","repostType":4,"repost":{"id":"1106697268","kind":"news","pubTimestamp":1657337354,"share":"https://ttm.financial/m/news/1106697268?lang=&edition=fundamental","pubTime":"2022-07-09 11:29","market":"hk","language":"en","title":"NIO: June Deliveries Show Growth Making A Comeback","url":"https://stock-news.laohu8.com/highlight/detail?id=1106697268","media":"Seeking Alpha","summary":"SummaryAfter months of weakness, NIO’s deliveries soared back strongly in June.ET7 sedan deliveries increased 155.7% month over month and now represent a third of all of NIO's product deliveries.ET5 a","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>After months of weakness, NIO’s deliveries soared back strongly in June.</li><li>ET7 sedan deliveries increased 155.7% month over month and now represent a third of all of NIO's product deliveries.</li><li>ET5 and ET7 production are set to exceed volume production of the ES6 this year.</li></ul><p>NIO's (NYSE:NIO) first-quarter production and delivery performance was greatly impacted by a variety of factors, including Chinese holidays and COVID-related shutdowns that limited factory output levels. In June, however, NIO experienced a surge in deliveries due to factories coming back online and accelerating demand for NIO’s first sedan product, the ET7. While COVID-19 shutdowns remain a significant risk factor going forward, a recovery in delivery volumes could drive an upwards revaluation of NIO’s shares.</p><p><b>Why NIO’s growth will be determined by sedan production going forward</b></p><p>NIO submitted its delivery card for June last week which revealed that the electric vehicle manufacturer delivered 12,961 electric vehicles, showing 60.3% year-over-year growth. On a month-over-month basis, NIO’s deliveries increased a massive 84.5% which was the fastest growth rate when compared against rival companies XPeng (XPEV) and Li Auto (LI). XPeng's month-over-month delivery growth rate was 51.1% while Li Auto saw 13.3% month-over-month growth.</p><p>XPeng, which currently has the fastest year-over-year delivery growth of the Top Three electric vehicle manufacturers delivered the most EVs last month: 15,295, showing 133% growth. Li Auto delivered 13,024 Li ONE sport utility vehicles in June, showing 68.9% year-over-year growth.</p><table><tbody><tr><td><p>Deliveries</p></td><td><p>April</p></td><td><p>April Y/Y Growth</p></td><td><p>May</p></td><td><p>May Y/Y Growth</p></td><td><p>June</p></td><td><p>June Y/Y Growth</p></td></tr><tr><td><p>NIO</p></td><td><p>5,074</p></td><td><p>-28.6%</p></td><td><p>7,024</p></td><td><p>4.7%</p></td><td><p>12,961</p></td><td><p>60.3%</p></td></tr><tr><td><p>XPEV</p></td><td><p>9,002</p></td><td><p>75.0%</p></td><td><p>10,125</p></td><td><p>78.0%</p></td><td><p>15,295</p></td><td><p>133.0%</p></td></tr><tr><td><p>LI</p></td><td><p>4,167</p></td><td><p>-24.8%</p></td><td><p>11,496</p></td><td><p>165.9%</p></td><td><p>13,024</p></td><td><p>68.9%</p></td></tr></tbody></table><p>(Source: Author)</p><p>NIO’s delivery card for June contained further evidence that sedan products are going to be NIO’s future. The electric vehicle company delivered 5,100 ES6s, 1,828 EC6s and 1,684 ES8s which are all sport utility vehicles. Additionally, NIO delivered a massive 4,349 ET7s, the firm’s first sedan product that started to sell in China only in March.</p><p>NIO’s delivery growth in June has been driven by two models especially: The ET7 which has seen month-over-month delivery growth of a massive 154.8% and the ES6 which saw a delivery increase of 73.7% on a monthly basis. NIO’s ES6 model still has the largest delivery share (currently 39.3%) and NIO produces by far the largest number of SUVs in the ES6 product line. But because of the surge in demand for electric vehicle sedans, going forward, the ET7 is set to replace NIO’s ES6 as the most important vehicle in NIO’s product portfolio. With NIO’s ET5 deliveries expected to start in September, the electric vehicle start-up could generate about half of its deliveries and sales from sedans, not SUVs, by year-end.</p><p>The share of ET7 deliveries has consistently increased throughout the second-quarter as well: in April, May and June, the delivery shares of the ET7 were 13.7%, 24.3% and 33.6%. Considering that NIO will add sedan volume through the ET5, especially in the fourth quarter, sedan deliveries are likely going to be the biggest driver for NIO’s delivery growth in the second half of 2022 and beyond.</p><p><b>NIO has long-term potential, but short-term setbacks should be expected</b></p><p>NIO’s valuation today is much cheaper than a year ago. During the pandemic, shares of NIO traded as high as $65. But investors appear to have stopped caring much about NIO’s delivery growth prospects lately which is understandable considering that EV deliveries have slowed down industry-wide in the first quarter. While short-term setbacks have to be expected, especially regarding new COVID-19 outbreaks in China, NIO’s growth prospects are attractive in the long term.</p><p>NIO is expected to grow revenues 60% this year to $9.07B, indicating a price-to-sales ratio of 3.8X. The forward P-S ratio, based on expected sales of $15.96B, implies a P-S ratio of 2.2X and revenue growth of 76%... so the market even expects an acceleration in revenue growth in FY 2023.</p><p><img src=\"https://static.tigerbbs.com/4f8783ef7161e7a0ff94ffa153c81a2a\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><p><b>Risks with NIO</b></p><p>The biggest risk for NIO, as I see it, is a volatile short-term delivery pattern that makes it hard for the market to predict NIO’s delivery potential with any kind of accuracy. COVID-19 shutdowns are still a threat to electric vehicle manufacturers as well because they could impact manufacturing hubs that produce electric vehicles or dampen demand for NIO’s products. Xi’an, a city of 13M, was partially shut down on Wednesday after a few cases of a new COVID-19 variant have been detected. China’s heavy-handed approach to mitigating the spread of COVID-19 and its variants is a big risk for NIO’s delivery potential as well as the stock in the short term. What would change my mind about NIO is if delivery growth slowed down and the firm's sedan ramp started to disappoint.</p><p><b>Final thoughts</b></p><p>NIO’s June ramp in production and deliveries was surprisingly good. The surge in ET7 deliveries is the key take-away for investors, because deliveries started only three months ago and sedans now already account for a third of NIO’s delivery volume. Considering that ET5 deliveries are set to start in September, I believe NIO’s long-term delivery potential, especially in the sedan market, is underrated. However, since NIO faces uncertain short-term delivery prospects due to new COVID-19 outbreaks in China, I have a neutral opinion on NIO.</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>NIO: June Deliveries Show Growth Making A Comeback</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\">\nNIO: June Deliveries Show Growth Making A Comeback\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-09 11:29 GMT+8 <a href=https://seekingalpha.com/article/4522180-nio-growth-is-making-a-comeback?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A58><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAfter months of weakness, NIO’s deliveries soared back strongly in June.ET7 sedan deliveries increased 155.7% month over month and now represent a third of all of NIO's product deliveries.ET5 ...</p>\n\n<a href=\"https://seekingalpha.com/article/4522180-nio-growth-is-making-a-comeback?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A58\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","09866":"蔚来-SW","NIO.SI":"蔚来"},"source_url":"https://seekingalpha.com/article/4522180-nio-growth-is-making-a-comeback?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A58","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106697268","content_text":"SummaryAfter months of weakness, NIO’s deliveries soared back strongly in June.ET7 sedan deliveries increased 155.7% month over month and now represent a third of all of NIO's product deliveries.ET5 and ET7 production are set to exceed volume production of the ES6 this year.NIO's (NYSE:NIO) first-quarter production and delivery performance was greatly impacted by a variety of factors, including Chinese holidays and COVID-related shutdowns that limited factory output levels. In June, however, NIO experienced a surge in deliveries due to factories coming back online and accelerating demand for NIO’s first sedan product, the ET7. While COVID-19 shutdowns remain a significant risk factor going forward, a recovery in delivery volumes could drive an upwards revaluation of NIO’s shares.Why NIO’s growth will be determined by sedan production going forwardNIO submitted its delivery card for June last week which revealed that the electric vehicle manufacturer delivered 12,961 electric vehicles, showing 60.3% year-over-year growth. On a month-over-month basis, NIO’s deliveries increased a massive 84.5% which was the fastest growth rate when compared against rival companies XPeng (XPEV) and Li Auto (LI). XPeng's month-over-month delivery growth rate was 51.1% while Li Auto saw 13.3% month-over-month growth.XPeng, which currently has the fastest year-over-year delivery growth of the Top Three electric vehicle manufacturers delivered the most EVs last month: 15,295, showing 133% growth. Li Auto delivered 13,024 Li ONE sport utility vehicles in June, showing 68.9% year-over-year growth.DeliveriesAprilApril Y/Y GrowthMayMay Y/Y GrowthJuneJune Y/Y GrowthNIO5,074-28.6%7,0244.7%12,96160.3%XPEV9,00275.0%10,12578.0%15,295133.0%LI4,167-24.8%11,496165.9%13,02468.9%(Source: Author)NIO’s delivery card for June contained further evidence that sedan products are going to be NIO’s future. The electric vehicle company delivered 5,100 ES6s, 1,828 EC6s and 1,684 ES8s which are all sport utility vehicles. Additionally, NIO delivered a massive 4,349 ET7s, the firm’s first sedan product that started to sell in China only in March.NIO’s delivery growth in June has been driven by two models especially: The ET7 which has seen month-over-month delivery growth of a massive 154.8% and the ES6 which saw a delivery increase of 73.7% on a monthly basis. NIO’s ES6 model still has the largest delivery share (currently 39.3%) and NIO produces by far the largest number of SUVs in the ES6 product line. But because of the surge in demand for electric vehicle sedans, going forward, the ET7 is set to replace NIO’s ES6 as the most important vehicle in NIO’s product portfolio. With NIO’s ET5 deliveries expected to start in September, the electric vehicle start-up could generate about half of its deliveries and sales from sedans, not SUVs, by year-end.The share of ET7 deliveries has consistently increased throughout the second-quarter as well: in April, May and June, the delivery shares of the ET7 were 13.7%, 24.3% and 33.6%. Considering that NIO will add sedan volume through the ET5, especially in the fourth quarter, sedan deliveries are likely going to be the biggest driver for NIO’s delivery growth in the second half of 2022 and beyond.NIO has long-term potential, but short-term setbacks should be expectedNIO’s valuation today is much cheaper than a year ago. During the pandemic, shares of NIO traded as high as $65. But investors appear to have stopped caring much about NIO’s delivery growth prospects lately which is understandable considering that EV deliveries have slowed down industry-wide in the first quarter. While short-term setbacks have to be expected, especially regarding new COVID-19 outbreaks in China, NIO’s growth prospects are attractive in the long term.NIO is expected to grow revenues 60% this year to $9.07B, indicating a price-to-sales ratio of 3.8X. The forward P-S ratio, based on expected sales of $15.96B, implies a P-S ratio of 2.2X and revenue growth of 76%... so the market even expects an acceleration in revenue growth in FY 2023.Data by YChartsRisks with NIOThe biggest risk for NIO, as I see it, is a volatile short-term delivery pattern that makes it hard for the market to predict NIO’s delivery potential with any kind of accuracy. COVID-19 shutdowns are still a threat to electric vehicle manufacturers as well because they could impact manufacturing hubs that produce electric vehicles or dampen demand for NIO’s products. Xi’an, a city of 13M, was partially shut down on Wednesday after a few cases of a new COVID-19 variant have been detected. China’s heavy-handed approach to mitigating the spread of COVID-19 and its variants is a big risk for NIO’s delivery potential as well as the stock in the short term. What would change my mind about NIO is if delivery growth slowed down and the firm's sedan ramp started to disappoint.Final thoughtsNIO’s June ramp in production and deliveries was surprisingly good. The surge in ET7 deliveries is the key take-away for investors, because deliveries started only three months ago and sedans now already account for a third of NIO’s delivery volume. Considering that ET5 deliveries are set to start in September, I believe NIO’s long-term delivery potential, especially in the sedan market, is underrated. However, since NIO faces uncertain short-term delivery prospects due to new COVID-19 outbreaks in China, I have a neutral opinion on NIO.","news_type":1},"isVote":1,"tweetType":1,"viewCount":802,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9096021634,"gmtCreate":1644272433139,"gmtModify":1676533905677,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Agreed","listText":"Agreed","text":"Agreed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096021634","repostId":"2209737361","repostType":4,"repost":{"id":"2209737361","kind":"highlight","pubTimestamp":1644247644,"share":"https://ttm.financial/m/news/2209737361?lang=&edition=fundamental","pubTime":"2022-02-07 23:27","market":"us","language":"en","title":"2 Hot Stocks to Buy and Hold Until You Retire","url":"https://stock-news.laohu8.com/highlight/detail?id=2209737361","media":"Motley Fool","summary":"The collapse in price by these former high-flyers is the perfect opportunity to buy their shares for your portfolio.","content":"<html><head></head><body><p>Investors could hurt themselves watching the stock market collapse and cashing out for the market to then quickly rebound to regain all the lost ground. Following the 2020 market plunge at the start of the pandemic, the <b>S&P 500</b> took all of six months to make up the dramatic drop it suffered and then went on to continuously set new record highs.</p><p>It looked like 2022 was off to a bad start, too, as the broad market index raced toward official correction territory (a loss of 10%), only to stop just short of the threshold before making a U-turn and working its way back up.</p><p>We will eventually get that correction, and maybe even a bear market (a loss of 20% or more), but it shows the importance of holding on through thick and thin and letting your stocks play out over the long term. That's why the nugget of investing wisdom that says it's not about timing the market, but your time <i>in</i> the market, is so true. It means there's never a bad time to invest, and always having money available, even small amounts, is a good strategy for everyone.</p><p>By the time working Americans are ready to retire, the following pair of hot growth stocks have the potential to make those who invested in them, wealthy.</p><h2>1. <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a></h2><p>Shares of graphics chipmaker <a href=\"https://laohu8.com/S/NVDA\"><b>Nvidia</b> </a> are suffering now due to the general sector rotation out of technology stocks and the high-flyers that trounced the S&P 500 last year. Nvidia's stock surged 125% in 2021 but is down 16% so far this year.</p><p>No matter, investors should view this pullback as a buying opportunity even though the stock looks expensive by traditional metrics. Despite trading at 76 times trailing earnings, 47 times next year's estimates, and 87 times the free cash flow it produces -- even after its haircut -- the premium Nvidia commands is warranted because its business remains white-hot.</p><p>While gaming is still the chipmaker's primary moneymaker, responsible for 45% of total Q3 sales, Nvidia expects its data center business to overtake that segment by 2025. It already generates billions of dollars in revenue every year, with data center sales soaring 55% in the third quarter (period ended Oct. 31) to hit $2.9 billion. And following its $7 billion acquisition of Mellanox in 2020, Nvidia is now positioned as a leading supplier for networking hardware.</p><p>Those two segments alone would be enough to justify Nvidia's lofty valuation, but it has other equally exciting opportunities, even if they don't yet approach the level of gaming and data centers.</p><p>Nvidia's professional visualization segment, for example, got a big boost from the pandemic, which created outsize demand for high-end mobile workstations that offer real-time rendering capabilities. It utilizes artificial intelligence and virtual reality to help simulate real-life designs. Revenue surged 144% year over year as growth in desktop and notebook workstation GPUs rose due to enterprises deploying new systems to allow for hybrid work situations.</p><p>It cuts across all industries, too, including automotive, media and entertainment, architectural engineering, oil and gas, and medical imaging.</p><p>Wall Street forecasts revenue will triple to over $56 billion by the middle of the decade, helping to give Nvidia a multitrillion-dollar valuation. The chipmaker is the closest thing an investor can find to a set-and-forget stock for their retirement portfolio.</p><h2>2. <a href=\"https://laohu8.com/S/AFRM\">Affirm</a></h2><p>Buying on installment is an old idea that's new again, and <a href=\"https://laohu8.com/S/AFRM\"><b>Affirm</b> </a> is one of the leading names in the buy now, pay later (BNPL) space. Partnerships with the likes of <b>Amazon</b> and <b>Shopify</b> (NYSE:SHOP) open up vast new terrain for the lending outfit that's already starting to pay off.</p><p>Fiscal first-quarter earnings for the September period saw the number of active customers more than double to 8.7 million from the year-ago quarter and rise 22% sequentially. Amazon brings some 200 million potential customers to the table, while Shopify adds an additional 118 million.</p><p>Not everyone will take advantage of the BNPL opportunity, but it gives Affirm a much broader audience to tap. Shopify has been a partner since July 2020, and active merchants participating in Affirm's Shop Pay Installments program grew from 6,500 to 102,000 in just one year, representing a 15-fold increase.</p><p>The Amazon deal is new, but it could be a game-changer for Affirm.</p><p>Of course, there are risks involved. Privately held Klarna is the biggest player in the space, with some 250,000 merchants on board and an estimated $78 billion in global sales volume. <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></b> has its own BNPL service that it launched in 2020, and <b><a href=\"https://laohu8.com/S/SQ\">Block</a></b> just acquired Afterpay, giving the BNPL company its own massive opportunity to expand its universe of customers.</p><p>Affirm also still carries a premium price tag like Nvidia, even though its stock got cut down by a third in the first month of the new year and has lost 64% of its value from its November highs. It's still producing operating losses while trading at 19 times its sales.</p><p>Analysts are forecasting Affirm will see revenue grow 10 times its fiscal 2021 level to hit $3.5 billion by 2025, which would represent a 74% compound annual growth rate. New regulatory measures on BNPL here and abroad could impact growth, but it's a wide-open area for Affirm, and investors should feel comfortable buying this fintech stock for the long haul.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Hot Stocks to Buy and Hold Until You Retire</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\">\n2 Hot Stocks to Buy and Hold Until You Retire\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-07 23:27 GMT+8 <a href=https://www.fool.com/investing/2022/02/07/2-hot-stocks-to-buy-and-hold-until-you-retire/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors could hurt themselves watching the stock market collapse and cashing out for the market to then quickly rebound to regain all the lost ground. Following the 2020 market plunge at the start ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/02/07/2-hot-stocks-to-buy-and-hold-until-you-retire/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4141":"半导体产品","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4122":"互联网与直销零售","BK4551":"寇图资本持仓","BK4561":"索罗斯持仓","BK4549":"软银资本持仓","BK4548":"巴美列捷福持仓","AFRM":"Affirm Holdings, Inc.","BK4529":"IDC概念","BK4528":"SaaS概念","NVDA":"英伟达","BK4554":"元宇宙及AR概念","BK4106":"数据处理与外包服务","BK4532":"文艺复兴科技持仓","BK4567":"ESG概念","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","BK4538":"云计算","BK4524":"宅经济概念","BK4535":"淡马锡持仓","BK4559":"巴菲特持仓","BK4543":"AI","BK4527":"明星科技股","BK4116":"互联网服务与基础架构"},"source_url":"https://www.fool.com/investing/2022/02/07/2-hot-stocks-to-buy-and-hold-until-you-retire/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2209737361","content_text":"Investors could hurt themselves watching the stock market collapse and cashing out for the market to then quickly rebound to regain all the lost ground. Following the 2020 market plunge at the start of the pandemic, the S&P 500 took all of six months to make up the dramatic drop it suffered and then went on to continuously set new record highs.It looked like 2022 was off to a bad start, too, as the broad market index raced toward official correction territory (a loss of 10%), only to stop just short of the threshold before making a U-turn and working its way back up.We will eventually get that correction, and maybe even a bear market (a loss of 20% or more), but it shows the importance of holding on through thick and thin and letting your stocks play out over the long term. That's why the nugget of investing wisdom that says it's not about timing the market, but your time in the market, is so true. It means there's never a bad time to invest, and always having money available, even small amounts, is a good strategy for everyone.By the time working Americans are ready to retire, the following pair of hot growth stocks have the potential to make those who invested in them, wealthy.1. NvidiaShares of graphics chipmaker Nvidia are suffering now due to the general sector rotation out of technology stocks and the high-flyers that trounced the S&P 500 last year. Nvidia's stock surged 125% in 2021 but is down 16% so far this year.No matter, investors should view this pullback as a buying opportunity even though the stock looks expensive by traditional metrics. Despite trading at 76 times trailing earnings, 47 times next year's estimates, and 87 times the free cash flow it produces -- even after its haircut -- the premium Nvidia commands is warranted because its business remains white-hot.While gaming is still the chipmaker's primary moneymaker, responsible for 45% of total Q3 sales, Nvidia expects its data center business to overtake that segment by 2025. It already generates billions of dollars in revenue every year, with data center sales soaring 55% in the third quarter (period ended Oct. 31) to hit $2.9 billion. And following its $7 billion acquisition of Mellanox in 2020, Nvidia is now positioned as a leading supplier for networking hardware.Those two segments alone would be enough to justify Nvidia's lofty valuation, but it has other equally exciting opportunities, even if they don't yet approach the level of gaming and data centers.Nvidia's professional visualization segment, for example, got a big boost from the pandemic, which created outsize demand for high-end mobile workstations that offer real-time rendering capabilities. It utilizes artificial intelligence and virtual reality to help simulate real-life designs. Revenue surged 144% year over year as growth in desktop and notebook workstation GPUs rose due to enterprises deploying new systems to allow for hybrid work situations.It cuts across all industries, too, including automotive, media and entertainment, architectural engineering, oil and gas, and medical imaging.Wall Street forecasts revenue will triple to over $56 billion by the middle of the decade, helping to give Nvidia a multitrillion-dollar valuation. The chipmaker is the closest thing an investor can find to a set-and-forget stock for their retirement portfolio.2. AffirmBuying on installment is an old idea that's new again, and Affirm is one of the leading names in the buy now, pay later (BNPL) space. Partnerships with the likes of Amazon and Shopify (NYSE:SHOP) open up vast new terrain for the lending outfit that's already starting to pay off.Fiscal first-quarter earnings for the September period saw the number of active customers more than double to 8.7 million from the year-ago quarter and rise 22% sequentially. Amazon brings some 200 million potential customers to the table, while Shopify adds an additional 118 million.Not everyone will take advantage of the BNPL opportunity, but it gives Affirm a much broader audience to tap. Shopify has been a partner since July 2020, and active merchants participating in Affirm's Shop Pay Installments program grew from 6,500 to 102,000 in just one year, representing a 15-fold increase.The Amazon deal is new, but it could be a game-changer for Affirm.Of course, there are risks involved. Privately held Klarna is the biggest player in the space, with some 250,000 merchants on board and an estimated $78 billion in global sales volume. PayPal has its own BNPL service that it launched in 2020, and Block just acquired Afterpay, giving the BNPL company its own massive opportunity to expand its universe of customers.Affirm also still carries a premium price tag like Nvidia, even though its stock got cut down by a third in the first month of the new year and has lost 64% of its value from its November highs. It's still producing operating losses while trading at 19 times its sales.Analysts are forecasting Affirm will see revenue grow 10 times its fiscal 2021 level to hit $3.5 billion by 2025, which would represent a 74% compound annual growth rate. New regulatory measures on BNPL here and abroad could impact growth, but it's a wide-open area for Affirm, and investors should feel comfortable buying this fintech stock for the long haul.","news_type":1},"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863057001,"gmtCreate":1632348475103,"gmtModify":1676530756643,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Will bubble it higher... ","listText":"Will bubble it higher... ","text":"Will bubble it higher...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/863057001","repostId":"2169572196","repostType":4,"repost":{"id":"2169572196","kind":"highlight","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":1632336840,"share":"https://ttm.financial/m/news/2169572196?lang=&edition=fundamental","pubTime":"2021-09-23 02:54","market":"hk","language":"en","title":"Why the debt limit fight makes Washington a stock-market 'wild card'","url":"https://stock-news.laohu8.com/highlight/detail?id=2169572196","media":"Dow Jones","summary":"'Politicians will often take things to the edge to see who blinks and gain the upper hand': RenMac's","content":"<blockquote>\n 'Politicians will often take things to the edge to see who blinks and gain the upper hand': RenMac's deGraaf.\n</blockquote>\n<p>The potential for another white-knuckle flirtation with default by the U.S. government via a debt-ceiling showdown is helping to raise \"policy uncertainty,\" analysts noted Wednesday.</p>\n<p>The good news is that rising uncertainty has traditionally been a buying opportunity, according to a top Wall Street technician.</p>\n<p>\"We are believers that this will prove a buyable correction within an uptrend, but we don't see the wild card being China, rather we see it as Washington,\" wrote Jeff deGraaf, founder of Renaissance Macro Research, in a note.</p>\n<p>Worries about a potential default by China property giant Evergrande triggered a sharp stock-market selloff on Monday. Those concerns have faded, with investors less worried about potential spillovers that could threaten the Chinese or global financial system.</p>\n<p>Stocks were up sharply Wednesday, maintaining gains after the Federal Reserve signaled it would soon begin to taper its asset purchases. The S&P 500 was up 0.9% , while the Dow Jones Industrial Average rose around 335 points, or 1%, Stocks were attempting to shake a so-far modest retreat that's seen the S&P 500 pull back 4% from its record close on Sept. 2.</p>\n<p>DeGraaf highlighted the chart above, tracking the U.S. Economic Policy Uncertainty Index, devised by economists Scott Baker of Northwestern University, Nick Bloom of Stanford University and Steven Davis of the University of Chicago. It draws on search results from 10 large U.S. newspapers, reports by the Congressional Budget Office that compile tax code provisions due to expire over the next 10 years, and the Philadelphia Fed's survey of professional forecasters.</p>\n<p>While policy uncertainty \"has started to migrate into the markets, politicianswill often take things to the edge to see who blinks and gain the upper hand,\" he wrote.</p>\n<p>While worries over a potential government shutdown in October and the debt ceiling are front and center, uncertainty is also on the rise over President Joe Biden's agenda, including his infrastructure and social welfare spending proposals.</p>\n<p>Renaissance Macro Research sees Republicans in Congress holding the stronger cards, which may allow them to force the issue, deGraaf said, noting that the index hasn't yet jumped into the top decile (see bottom part of chart), which is typically a bullish signal when it comes to forward returns for the S&P 500 index.</p>\n<p>\"If your hands are strong enough to hold on, there are plenty of green lights to get the wheels turning, but don't be surprised to see more planted leaks and adverse headlines before it's resolved,\" he said.</p>\n<p>Outside the Box: Evergrande crisis and the U.S. debt-ceiling showdown could give stock investors a buying opportunity</p>\n<p>The Democratic-controlled House late Tuesday approved legislation that would keep the government funded, suspend the federal debt limit and provide disaster and refugee aid, setting up a showdown with Senate Republicans who oppose the package.</p>\n<p>The federal government will face a shutdown on Sept. 30, the end of the fiscal year, if a funding measure isn't approved. A more dire threat surrounds the debt ceiling, which the government could hit at some point in October unless it is raised or suspended. Failure to act risks a U.S. default on its debt.</p>\n<p>At least 10 Senate Republicans would need to vote in favor of the measure for it to get the required supermajority. Senate Minority Leader Mitch McConnell of Kentucky, the chamber's top Republican, has insisted the debt ceiling be raised solely with Democratic support, citing opposition to a proposed $3.5 trillion spending plan.</p>\n<p>Democrats have refused to attach a raise in the debt ceiling to that spending plan, which they intend to push through the Senate using a process known as reconciliation, which requires a simple majority. Top Democrats have insisted that lifting the debt limit must be a bipartisan undertaking.</p>\n<p>A move to lift or suspend the debt ceiling, averting a potential default, remains the base expectation, but fears that legislative brinkmanship could result in a mishap are on the rise.</p>\n<p>Economists at Moody's Analytics warned Tuesday that a default would result in long-term harm to the economy and create chaos in global financial markets.</p>\n<p>The Tell: Washington is 'playing a dangerous game with the debt limit,' and 'Americans would pay for default for generations, says Moody's Zandi</p>\n<p>Meanwhile, memories of the last two debt-ceiling showdowns, in 2011 and 2013, remain fresh. The 2011 crisis saw Standard & Poor's, for the first time ever, downgrade the long-term U.S. credit rating from AAA to AA+.</p>\n<p>Another downgrade can't be ruled out, even if the U.S. Treasury Department avoids a default but fails to honor other obligations, wrote economists at Oxford Economics, in a Wednesday note. They recalled that the 2011 episode also saw spike in volatility, as measured by the Cboe Volatility Index , and a 10% drop in stock prices, though both shocks were rapidly reversed once the debt ceiling was lifted.</p>\n<p>Still, investors \"cannot discount the uncertainty factor and the knock-on effects on private sector activity,\" they wrote.</p>\n<p>Jitters are already apparent in the market for short-term Treasury bills, with rates rising on bills due to mature in the second half of October, analysts noted.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why the debt limit fight makes Washington a stock-market 'wild card'</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 the debt limit fight makes Washington a stock-market 'wild card'\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\">2021-09-23 02:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n 'Politicians will often take things to the edge to see who blinks and gain the upper hand': RenMac's deGraaf.\n</blockquote>\n<p>The potential for another white-knuckle flirtation with default by the U.S. government via a debt-ceiling showdown is helping to raise \"policy uncertainty,\" analysts noted Wednesday.</p>\n<p>The good news is that rising uncertainty has traditionally been a buying opportunity, according to a top Wall Street technician.</p>\n<p>\"We are believers that this will prove a buyable correction within an uptrend, but we don't see the wild card being China, rather we see it as Washington,\" wrote Jeff deGraaf, founder of Renaissance Macro Research, in a note.</p>\n<p>Worries about a potential default by China property giant Evergrande triggered a sharp stock-market selloff on Monday. Those concerns have faded, with investors less worried about potential spillovers that could threaten the Chinese or global financial system.</p>\n<p>Stocks were up sharply Wednesday, maintaining gains after the Federal Reserve signaled it would soon begin to taper its asset purchases. The S&P 500 was up 0.9% , while the Dow Jones Industrial Average rose around 335 points, or 1%, Stocks were attempting to shake a so-far modest retreat that's seen the S&P 500 pull back 4% from its record close on Sept. 2.</p>\n<p>DeGraaf highlighted the chart above, tracking the U.S. Economic Policy Uncertainty Index, devised by economists Scott Baker of Northwestern University, Nick Bloom of Stanford University and Steven Davis of the University of Chicago. It draws on search results from 10 large U.S. newspapers, reports by the Congressional Budget Office that compile tax code provisions due to expire over the next 10 years, and the Philadelphia Fed's survey of professional forecasters.</p>\n<p>While policy uncertainty \"has started to migrate into the markets, politicianswill often take things to the edge to see who blinks and gain the upper hand,\" he wrote.</p>\n<p>While worries over a potential government shutdown in October and the debt ceiling are front and center, uncertainty is also on the rise over President Joe Biden's agenda, including his infrastructure and social welfare spending proposals.</p>\n<p>Renaissance Macro Research sees Republicans in Congress holding the stronger cards, which may allow them to force the issue, deGraaf said, noting that the index hasn't yet jumped into the top decile (see bottom part of chart), which is typically a bullish signal when it comes to forward returns for the S&P 500 index.</p>\n<p>\"If your hands are strong enough to hold on, there are plenty of green lights to get the wheels turning, but don't be surprised to see more planted leaks and adverse headlines before it's resolved,\" he said.</p>\n<p>Outside the Box: Evergrande crisis and the U.S. debt-ceiling showdown could give stock investors a buying opportunity</p>\n<p>The Democratic-controlled House late Tuesday approved legislation that would keep the government funded, suspend the federal debt limit and provide disaster and refugee aid, setting up a showdown with Senate Republicans who oppose the package.</p>\n<p>The federal government will face a shutdown on Sept. 30, the end of the fiscal year, if a funding measure isn't approved. A more dire threat surrounds the debt ceiling, which the government could hit at some point in October unless it is raised or suspended. Failure to act risks a U.S. default on its debt.</p>\n<p>At least 10 Senate Republicans would need to vote in favor of the measure for it to get the required supermajority. Senate Minority Leader Mitch McConnell of Kentucky, the chamber's top Republican, has insisted the debt ceiling be raised solely with Democratic support, citing opposition to a proposed $3.5 trillion spending plan.</p>\n<p>Democrats have refused to attach a raise in the debt ceiling to that spending plan, which they intend to push through the Senate using a process known as reconciliation, which requires a simple majority. Top Democrats have insisted that lifting the debt limit must be a bipartisan undertaking.</p>\n<p>A move to lift or suspend the debt ceiling, averting a potential default, remains the base expectation, but fears that legislative brinkmanship could result in a mishap are on the rise.</p>\n<p>Economists at Moody's Analytics warned Tuesday that a default would result in long-term harm to the economy and create chaos in global financial markets.</p>\n<p>The Tell: Washington is 'playing a dangerous game with the debt limit,' and 'Americans would pay for default for generations, says Moody's Zandi</p>\n<p>Meanwhile, memories of the last two debt-ceiling showdowns, in 2011 and 2013, remain fresh. The 2011 crisis saw Standard & Poor's, for the first time ever, downgrade the long-term U.S. credit rating from AAA to AA+.</p>\n<p>Another downgrade can't be ruled out, even if the U.S. Treasury Department avoids a default but fails to honor other obligations, wrote economists at Oxford Economics, in a Wednesday note. They recalled that the 2011 episode also saw spike in volatility, as measured by the Cboe Volatility Index , and a 10% drop in stock prices, though both shocks were rapidly reversed once the debt ceiling was lifted.</p>\n<p>Still, investors \"cannot discount the uncertainty factor and the knock-on effects on private sector activity,\" they wrote.</p>\n<p>Jitters are already apparent in the market for short-term Treasury bills, with rates rising on bills due to mature in the second half of October, analysts noted.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2169572196","content_text":"'Politicians will often take things to the edge to see who blinks and gain the upper hand': RenMac's deGraaf.\n\nThe potential for another white-knuckle flirtation with default by the U.S. government via a debt-ceiling showdown is helping to raise \"policy uncertainty,\" analysts noted Wednesday.\nThe good news is that rising uncertainty has traditionally been a buying opportunity, according to a top Wall Street technician.\n\"We are believers that this will prove a buyable correction within an uptrend, but we don't see the wild card being China, rather we see it as Washington,\" wrote Jeff deGraaf, founder of Renaissance Macro Research, in a note.\nWorries about a potential default by China property giant Evergrande triggered a sharp stock-market selloff on Monday. Those concerns have faded, with investors less worried about potential spillovers that could threaten the Chinese or global financial system.\nStocks were up sharply Wednesday, maintaining gains after the Federal Reserve signaled it would soon begin to taper its asset purchases. The S&P 500 was up 0.9% , while the Dow Jones Industrial Average rose around 335 points, or 1%, Stocks were attempting to shake a so-far modest retreat that's seen the S&P 500 pull back 4% from its record close on Sept. 2.\nDeGraaf highlighted the chart above, tracking the U.S. Economic Policy Uncertainty Index, devised by economists Scott Baker of Northwestern University, Nick Bloom of Stanford University and Steven Davis of the University of Chicago. It draws on search results from 10 large U.S. newspapers, reports by the Congressional Budget Office that compile tax code provisions due to expire over the next 10 years, and the Philadelphia Fed's survey of professional forecasters.\nWhile policy uncertainty \"has started to migrate into the markets, politicianswill often take things to the edge to see who blinks and gain the upper hand,\" he wrote.\nWhile worries over a potential government shutdown in October and the debt ceiling are front and center, uncertainty is also on the rise over President Joe Biden's agenda, including his infrastructure and social welfare spending proposals.\nRenaissance Macro Research sees Republicans in Congress holding the stronger cards, which may allow them to force the issue, deGraaf said, noting that the index hasn't yet jumped into the top decile (see bottom part of chart), which is typically a bullish signal when it comes to forward returns for the S&P 500 index.\n\"If your hands are strong enough to hold on, there are plenty of green lights to get the wheels turning, but don't be surprised to see more planted leaks and adverse headlines before it's resolved,\" he said.\nOutside the Box: Evergrande crisis and the U.S. debt-ceiling showdown could give stock investors a buying opportunity\nThe Democratic-controlled House late Tuesday approved legislation that would keep the government funded, suspend the federal debt limit and provide disaster and refugee aid, setting up a showdown with Senate Republicans who oppose the package.\nThe federal government will face a shutdown on Sept. 30, the end of the fiscal year, if a funding measure isn't approved. A more dire threat surrounds the debt ceiling, which the government could hit at some point in October unless it is raised or suspended. Failure to act risks a U.S. default on its debt.\nAt least 10 Senate Republicans would need to vote in favor of the measure for it to get the required supermajority. Senate Minority Leader Mitch McConnell of Kentucky, the chamber's top Republican, has insisted the debt ceiling be raised solely with Democratic support, citing opposition to a proposed $3.5 trillion spending plan.\nDemocrats have refused to attach a raise in the debt ceiling to that spending plan, which they intend to push through the Senate using a process known as reconciliation, which requires a simple majority. Top Democrats have insisted that lifting the debt limit must be a bipartisan undertaking.\nA move to lift or suspend the debt ceiling, averting a potential default, remains the base expectation, but fears that legislative brinkmanship could result in a mishap are on the rise.\nEconomists at Moody's Analytics warned Tuesday that a default would result in long-term harm to the economy and create chaos in global financial markets.\nThe Tell: Washington is 'playing a dangerous game with the debt limit,' and 'Americans would pay for default for generations, says Moody's Zandi\nMeanwhile, memories of the last two debt-ceiling showdowns, in 2011 and 2013, remain fresh. The 2011 crisis saw Standard & Poor's, for the first time ever, downgrade the long-term U.S. credit rating from AAA to AA+.\nAnother downgrade can't be ruled out, even if the U.S. Treasury Department avoids a default but fails to honor other obligations, wrote economists at Oxford Economics, in a Wednesday note. They recalled that the 2011 episode also saw spike in volatility, as measured by the Cboe Volatility Index , and a 10% drop in stock prices, though both shocks were rapidly reversed once the debt ceiling was lifted.\nStill, investors \"cannot discount the uncertainty factor and the knock-on effects on private sector activity,\" they wrote.\nJitters are already apparent in the market for short-term Treasury bills, with rates rising on bills due to mature in the second half of October, analysts noted.","news_type":1},"isVote":1,"tweetType":1,"viewCount":335,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809135358,"gmtCreate":1627351615474,"gmtModify":1703488151819,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/809135358","repostId":"2154964378","repostType":4,"repost":{"id":"2154964378","kind":"highlight","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":1627332217,"share":"https://ttm.financial/m/news/2154964378?lang=&edition=fundamental","pubTime":"2021-07-27 04:43","market":"us","language":"en","title":"Indexes notch closing record highs as key earnings, Fed meet eyed","url":"https://stock-news.laohu8.com/highlight/detail?id=2154964378","media":"Reuters","summary":"NEW YORK, July 26 (Reuters) - All three major U.S. stock indexes eked out record closing highs for a","content":"<p>NEW YORK, July 26 (Reuters) - All three major U.S. stock indexes eked out record closing highs for a second straight session on Monday as investors were optimistic heading into a slew of earnings from heavyweight technology and internet names this week, while caution ahead of a Federal Reserve policy meeting kept the market in check.</p>\n<p>More than <a href=\"https://laohu8.com/S/AONE.U\">one</a>-third of the S&P 500 was set to report quarterly results this week, including Apple Inc , Microsoft Corp , Amazon.com Inc and Google parent Alphabet Inc , the four largest U.S. companies by market value. Apple rose 0.3%.</p>\n<p>Shares of Tesla Inc, which reported quarterly results after the market close, were up about 1% in after-hours trading. The stock ended the regular session up 2.2%.</p>\n<p>The vast majority of second-quarter earnings have handily beaten analysts' expectations so far, bumping up the already huge projected growth for the second quarter, according to Refinitiv data.</p>\n<p>\"We continue to see positive surprises, and even with a lot of optimism and increased estimates going into earnings season, we're still seeing companies exceed those expectations,\" said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York, New York.</p>\n<p>\"As we get into the heart of (the earnings season) and we get industrials and more cyclical names, it will be interesting to see not only how much there is in terms of recovery but also is there any impact from some of these issues, meaning inflation, the spike in prices.\"</p>\n<p><a href=\"https://laohu8.com/S/MMM\">3M</a> Co, up 0.6%, is due to report on Tuesday while Boeing Co, up 2%, is set to report on Wednesday.</p>\n<p>A two-day meeting of the Fed starts on Tuesday, and all eyes may be on whether the central bank expresses any new concerns about high inflation when it concludes its gathering on Wednesday.</p>\n<p>In June, the Fed indicated it may start raising rates two times in 2023, which was sooner than previously expected.</p>\n<p>The Dow Jones Industrial Average rose 82.76 points, or 0.24%, to 35,144.31, the S&P 500 gained 10.51 points, or 0.24%, to 4,422.3 and the Nasdaq Composite added 3.72 points, or 0.03%, to 14,840.71.</p>\n<p>Continued optimism over second-quarter earnings has helped offset recent concerns over the market impact of the Delta variant of COVID-19.</p>\n<p>U.S.-listed Chinese shares fell after Beijing last week announced new rules on private tutoring and online education firms, the latest in a series of crackdowns on the technology sector that have roiled financial markets.</p>\n<p>E-commerce company Alibaba Group and search engine Baidu Inc , two of the largest Chinese stocks listed in the United States, were lower. Alibaba fell 7.2% and Baidu dropped 6%.</p>\n<p>Recent losses in Chinese stocks have been steeper than those recorded during the height of the Sino-U.S. trade war in 2018, mainly due to Beijing's targeting of large technology firms.</p>\n<p>Among other decliners, weapons maker Lockheed Martin Corp</p>\n<p>fell 3.3% after a classified aeronautics development program caused the firm to miss profit estimates.</p>\n<p>Volume on U.S. exchanges was 9.77 billion shares, compared with the 9.82 billion average for the full session over the last 20 trading days.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.30-to-1 ratio; on Nasdaq, a 1.28-to-1 ratio favored decliners.</p>\n<p>The S&P 500 posted 47 new 52-week highs and no new lows; the Nasdaq Composite recorded 77 new highs and 160 new lows.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Indexes notch closing record highs as key earnings, Fed meet eyed</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\">\nIndexes notch closing record highs as key earnings, Fed meet eyed\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\">2021-07-27 04:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, July 26 (Reuters) - All three major U.S. stock indexes eked out record closing highs for a second straight session on Monday as investors were optimistic heading into a slew of earnings from heavyweight technology and internet names this week, while caution ahead of a Federal Reserve policy meeting kept the market in check.</p>\n<p>More than <a href=\"https://laohu8.com/S/AONE.U\">one</a>-third of the S&P 500 was set to report quarterly results this week, including Apple Inc , Microsoft Corp , Amazon.com Inc and Google parent Alphabet Inc , the four largest U.S. companies by market value. Apple rose 0.3%.</p>\n<p>Shares of Tesla Inc, which reported quarterly results after the market close, were up about 1% in after-hours trading. The stock ended the regular session up 2.2%.</p>\n<p>The vast majority of second-quarter earnings have handily beaten analysts' expectations so far, bumping up the already huge projected growth for the second quarter, according to Refinitiv data.</p>\n<p>\"We continue to see positive surprises, and even with a lot of optimism and increased estimates going into earnings season, we're still seeing companies exceed those expectations,\" said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York, New York.</p>\n<p>\"As we get into the heart of (the earnings season) and we get industrials and more cyclical names, it will be interesting to see not only how much there is in terms of recovery but also is there any impact from some of these issues, meaning inflation, the spike in prices.\"</p>\n<p><a href=\"https://laohu8.com/S/MMM\">3M</a> Co, up 0.6%, is due to report on Tuesday while Boeing Co, up 2%, is set to report on Wednesday.</p>\n<p>A two-day meeting of the Fed starts on Tuesday, and all eyes may be on whether the central bank expresses any new concerns about high inflation when it concludes its gathering on Wednesday.</p>\n<p>In June, the Fed indicated it may start raising rates two times in 2023, which was sooner than previously expected.</p>\n<p>The Dow Jones Industrial Average rose 82.76 points, or 0.24%, to 35,144.31, the S&P 500 gained 10.51 points, or 0.24%, to 4,422.3 and the Nasdaq Composite added 3.72 points, or 0.03%, to 14,840.71.</p>\n<p>Continued optimism over second-quarter earnings has helped offset recent concerns over the market impact of the Delta variant of COVID-19.</p>\n<p>U.S.-listed Chinese shares fell after Beijing last week announced new rules on private tutoring and online education firms, the latest in a series of crackdowns on the technology sector that have roiled financial markets.</p>\n<p>E-commerce company Alibaba Group and search engine Baidu Inc , two of the largest Chinese stocks listed in the United States, were lower. Alibaba fell 7.2% and Baidu dropped 6%.</p>\n<p>Recent losses in Chinese stocks have been steeper than those recorded during the height of the Sino-U.S. trade war in 2018, mainly due to Beijing's targeting of large technology firms.</p>\n<p>Among other decliners, weapons maker Lockheed Martin Corp</p>\n<p>fell 3.3% after a classified aeronautics development program caused the firm to miss profit estimates.</p>\n<p>Volume on U.S. exchanges was 9.77 billion shares, compared with the 9.82 billion average for the full session over the last 20 trading days.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.30-to-1 ratio; on Nasdaq, a 1.28-to-1 ratio favored decliners.</p>\n<p>The S&P 500 posted 47 new 52-week highs and no new lows; the Nasdaq Composite recorded 77 new highs and 160 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154964378","content_text":"NEW YORK, July 26 (Reuters) - All three major U.S. stock indexes eked out record closing highs for a second straight session on Monday as investors were optimistic heading into a slew of earnings from heavyweight technology and internet names this week, while caution ahead of a Federal Reserve policy meeting kept the market in check.\nMore than one-third of the S&P 500 was set to report quarterly results this week, including Apple Inc , Microsoft Corp , Amazon.com Inc and Google parent Alphabet Inc , the four largest U.S. companies by market value. Apple rose 0.3%.\nShares of Tesla Inc, which reported quarterly results after the market close, were up about 1% in after-hours trading. The stock ended the regular session up 2.2%.\nThe vast majority of second-quarter earnings have handily beaten analysts' expectations so far, bumping up the already huge projected growth for the second quarter, according to Refinitiv data.\n\"We continue to see positive surprises, and even with a lot of optimism and increased estimates going into earnings season, we're still seeing companies exceed those expectations,\" said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York, New York.\n\"As we get into the heart of (the earnings season) and we get industrials and more cyclical names, it will be interesting to see not only how much there is in terms of recovery but also is there any impact from some of these issues, meaning inflation, the spike in prices.\"\n3M Co, up 0.6%, is due to report on Tuesday while Boeing Co, up 2%, is set to report on Wednesday.\nA two-day meeting of the Fed starts on Tuesday, and all eyes may be on whether the central bank expresses any new concerns about high inflation when it concludes its gathering on Wednesday.\nIn June, the Fed indicated it may start raising rates two times in 2023, which was sooner than previously expected.\nThe Dow Jones Industrial Average rose 82.76 points, or 0.24%, to 35,144.31, the S&P 500 gained 10.51 points, or 0.24%, to 4,422.3 and the Nasdaq Composite added 3.72 points, or 0.03%, to 14,840.71.\nContinued optimism over second-quarter earnings has helped offset recent concerns over the market impact of the Delta variant of COVID-19.\nU.S.-listed Chinese shares fell after Beijing last week announced new rules on private tutoring and online education firms, the latest in a series of crackdowns on the technology sector that have roiled financial markets.\nE-commerce company Alibaba Group and search engine Baidu Inc , two of the largest Chinese stocks listed in the United States, were lower. Alibaba fell 7.2% and Baidu dropped 6%.\nRecent losses in Chinese stocks have been steeper than those recorded during the height of the Sino-U.S. trade war in 2018, mainly due to Beijing's targeting of large technology firms.\nAmong other decliners, weapons maker Lockheed Martin Corp\nfell 3.3% after a classified aeronautics development program caused the firm to miss profit estimates.\nVolume on U.S. exchanges was 9.77 billion shares, compared with the 9.82 billion average for the full session over the last 20 trading days.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.30-to-1 ratio; on Nasdaq, a 1.28-to-1 ratio favored decliners.\nThe S&P 500 posted 47 new 52-week highs and no new lows; the Nasdaq Composite recorded 77 new highs and 160 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9096725535,"gmtCreate":1644467061057,"gmtModify":1676533930572,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096725535","repostId":"2210563984","repostType":4,"repost":{"id":"2210563984","kind":"news","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":1644447484,"share":"https://ttm.financial/m/news/2210563984?lang=&edition=fundamental","pubTime":"2022-02-10 06:58","market":"us","language":"en","title":"Wall Street Ends Sharply Higher, Lifted by Big Tech","url":"https://stock-news.laohu8.com/highlight/detail?id=2210563984","media":"Reuters","summary":"* CVS drops on downbeat outlook* Chipotle, Enphase Energy surge on strong results* All eyes on CPI d","content":"<html><head></head><body><p>* CVS drops on downbeat outlook</p><p>* Chipotle, <a href=\"https://laohu8.com/S/ENPH\">Enphase Energy</a> surge on strong results</p><p>* All eyes on CPI data due Thursday</p><p>* Indexes: Dow +0.86%, S&P 500 +1.45%, Nasdaq +2.08%</p><p>Feb 9 (Reuters) - Wall Street jumped on Wednesday, closing sharply higher as megacap growth stocks powered up thanks to a pause in rising interest rates, and upbeat earnings reports also encouraged investors to buy.</p><p>The benchmark 10-year U.S. Treasury yield slipped from multi-year highs hit in the previous session, helping steady sentiment across global markets and boosting demand for growth stocks.</p><p><a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> surged more than 5%, ending four sessions of deep declines that saw it lose almost a third of its value. The biggest boosts to the S&P 500 came from Nvidia, up 6.4%, and Microsoft, up 2.2%.</p><p>All 11 S&P 500 sector indexes rose, led by a 2.45% jump in real estate.</p><p>"The bond market basically is saying there's a cap or a limit to how much the Fed is likely to raise rates, and that is very positive for stocks in general, and especially for growth stocks that tend to be valued higher," said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York.</p><p>Hit by worries about rising interest, the tech-heavy Nasdaq has fallen more than 7% so far this year after gaining nearly 21% in 2021. The S&P 500 is down about 4% year to date.</p><p>The Dow Jones Industrial Average rose 0.86% to end at 35,768.06 points, while the S&P 500 gained 1.45% to 4,587.18.</p><p>The Nasdaq Composite climbed 2.08% to 14,490.37.</p><p>Investors will watch consumer price data on Thursday for clues on the Federal Reserve's plans to hike interest rates. An unexpectedly strong jobs report last week raised concerns of a more aggressive move by the central bank.</p><p>Inflation is forecast at a four-decade high of 7.3%.</p><p>The U.S. economy may be nearing a slower pace of inflation, Atlanta Fed President Raphael Bostic said on Wednesday, though he added he is still leaning toward a slightly faster pace of interest rate increases this year.</p><p>Of the 316 companies in the S&P 500 that have reported earnings to date, 78% reported above analyst expectations, according to Refinitiv data.</p><p>Chipotle Mexican Grill Inc surged 10% after beating profit and sales estimates, while KFC parent Yum Brands Inc rose 2.2% after sales beat estimates.</p><p>Enphase Energy Inc jumped 12% on upbeat results, lifting other solar stocks, with <a href=\"https://laohu8.com/S/SPWRV\">SunPower Corp</a> and SolarEdge Technologies Inc up 6.6% and 6.9%, respectively.</p><p>CVS Health Corp slipped more than 5% after its earnings forecast for 2022 fell short of Wall Street expectations.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.99-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored advancers.</p><p>The S&P 500 posted 40 new 52-week highs and no new lows; the Nasdaq Composite recorded 53 new highs and 56 new lows.</p><p>Volume on U.S. exchanges was 10.9 billion shares, compared with a 12.3 billion average over the last 20 trading days.</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>Wall Street Ends Sharply Higher, Lifted by Big Tech</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\">\nWall Street Ends Sharply Higher, Lifted by Big Tech\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\">2022-02-10 06:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* CVS drops on downbeat outlook</p><p>* Chipotle, <a href=\"https://laohu8.com/S/ENPH\">Enphase Energy</a> surge on strong results</p><p>* All eyes on CPI data due Thursday</p><p>* Indexes: Dow +0.86%, S&P 500 +1.45%, Nasdaq +2.08%</p><p>Feb 9 (Reuters) - Wall Street jumped on Wednesday, closing sharply higher as megacap growth stocks powered up thanks to a pause in rising interest rates, and upbeat earnings reports also encouraged investors to buy.</p><p>The benchmark 10-year U.S. Treasury yield slipped from multi-year highs hit in the previous session, helping steady sentiment across global markets and boosting demand for growth stocks.</p><p><a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> surged more than 5%, ending four sessions of deep declines that saw it lose almost a third of its value. The biggest boosts to the S&P 500 came from Nvidia, up 6.4%, and Microsoft, up 2.2%.</p><p>All 11 S&P 500 sector indexes rose, led by a 2.45% jump in real estate.</p><p>"The bond market basically is saying there's a cap or a limit to how much the Fed is likely to raise rates, and that is very positive for stocks in general, and especially for growth stocks that tend to be valued higher," said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York.</p><p>Hit by worries about rising interest, the tech-heavy Nasdaq has fallen more than 7% so far this year after gaining nearly 21% in 2021. The S&P 500 is down about 4% year to date.</p><p>The Dow Jones Industrial Average rose 0.86% to end at 35,768.06 points, while the S&P 500 gained 1.45% to 4,587.18.</p><p>The Nasdaq Composite climbed 2.08% to 14,490.37.</p><p>Investors will watch consumer price data on Thursday for clues on the Federal Reserve's plans to hike interest rates. An unexpectedly strong jobs report last week raised concerns of a more aggressive move by the central bank.</p><p>Inflation is forecast at a four-decade high of 7.3%.</p><p>The U.S. economy may be nearing a slower pace of inflation, Atlanta Fed President Raphael Bostic said on Wednesday, though he added he is still leaning toward a slightly faster pace of interest rate increases this year.</p><p>Of the 316 companies in the S&P 500 that have reported earnings to date, 78% reported above analyst expectations, according to Refinitiv data.</p><p>Chipotle Mexican Grill Inc surged 10% after beating profit and sales estimates, while KFC parent Yum Brands Inc rose 2.2% after sales beat estimates.</p><p>Enphase Energy Inc jumped 12% on upbeat results, lifting other solar stocks, with <a href=\"https://laohu8.com/S/SPWRV\">SunPower Corp</a> and SolarEdge Technologies Inc up 6.6% and 6.9%, respectively.</p><p>CVS Health Corp slipped more than 5% after its earnings forecast for 2022 fell short of Wall Street expectations.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.99-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored advancers.</p><p>The S&P 500 posted 40 new 52-week highs and no new lows; the Nasdaq Composite recorded 53 new highs and 56 new lows.</p><p>Volume on U.S. exchanges was 10.9 billion shares, compared with a 12.3 billion average over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","COMP":"Compass, Inc.","SANA":"Sana Biotechnology, Inc.","SPY":"标普500ETF","BK4539":"次新股","CGEM":"Cullinan Therapeutics","CVS":"西维斯健康","BK4534":"瑞士信贷持仓","BK4147":"半导体设备","BK4139":"生物科技","LHDX":"Lucira Health, Inc.","BK4007":"制药","CMG":"墨式烧烤","APR":"Apria, Inc.","BK4196":"保健护理服务","BK4082":"医疗保健设备","BK4559":"巴菲特持仓","BK4550":"红杉资本持仓",".DJI":"道琼斯","LABP":"Landos Biopharma, Inc.",".IXIC":"NASDAQ Composite","MSFT":"微软",".SPX":"S&P 500 Index","ENPH":"Enphase Energy","BK4079":"房地产服务","BK4504":"桥水持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2210563984","content_text":"* CVS drops on downbeat outlook* Chipotle, Enphase Energy surge on strong results* All eyes on CPI data due Thursday* Indexes: Dow +0.86%, S&P 500 +1.45%, Nasdaq +2.08%Feb 9 (Reuters) - Wall Street jumped on Wednesday, closing sharply higher as megacap growth stocks powered up thanks to a pause in rising interest rates, and upbeat earnings reports also encouraged investors to buy.The benchmark 10-year U.S. Treasury yield slipped from multi-year highs hit in the previous session, helping steady sentiment across global markets and boosting demand for growth stocks.Meta Platforms surged more than 5%, ending four sessions of deep declines that saw it lose almost a third of its value. The biggest boosts to the S&P 500 came from Nvidia, up 6.4%, and Microsoft, up 2.2%.All 11 S&P 500 sector indexes rose, led by a 2.45% jump in real estate.\"The bond market basically is saying there's a cap or a limit to how much the Fed is likely to raise rates, and that is very positive for stocks in general, and especially for growth stocks that tend to be valued higher,\" said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York.Hit by worries about rising interest, the tech-heavy Nasdaq has fallen more than 7% so far this year after gaining nearly 21% in 2021. The S&P 500 is down about 4% year to date.The Dow Jones Industrial Average rose 0.86% to end at 35,768.06 points, while the S&P 500 gained 1.45% to 4,587.18.The Nasdaq Composite climbed 2.08% to 14,490.37.Investors will watch consumer price data on Thursday for clues on the Federal Reserve's plans to hike interest rates. An unexpectedly strong jobs report last week raised concerns of a more aggressive move by the central bank.Inflation is forecast at a four-decade high of 7.3%.The U.S. economy may be nearing a slower pace of inflation, Atlanta Fed President Raphael Bostic said on Wednesday, though he added he is still leaning toward a slightly faster pace of interest rate increases this year.Of the 316 companies in the S&P 500 that have reported earnings to date, 78% reported above analyst expectations, according to Refinitiv data.Chipotle Mexican Grill Inc surged 10% after beating profit and sales estimates, while KFC parent Yum Brands Inc rose 2.2% after sales beat estimates.Enphase Energy Inc jumped 12% on upbeat results, lifting other solar stocks, with SunPower Corp and SolarEdge Technologies Inc up 6.6% and 6.9%, respectively.CVS Health Corp slipped more than 5% after its earnings forecast for 2022 fell short of Wall Street expectations.Advancing issues outnumbered declining ones on the NYSE by a 2.99-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored advancers.The S&P 500 posted 40 new 52-week highs and no new lows; the Nasdaq Composite recorded 53 new highs and 56 new lows.Volume on U.S. exchanges was 10.9 billion shares, compared with a 12.3 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886130858,"gmtCreate":1631574070574,"gmtModify":1676530576482,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Good info","listText":"Good info","text":"Good info","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/886130858","repostId":"2167630550","repostType":4,"repost":{"id":"2167630550","kind":"highlight","pubTimestamp":1631516701,"share":"https://ttm.financial/m/news/2167630550?lang=&edition=fundamental","pubTime":"2021-09-13 15:05","market":"us","language":"en","title":"Here's what Apple is expected to announce at its iPhone 13 launch event Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=2167630550","media":"MarketWatch","summary":"Apple looks to refocus on the iPhone after App Store legal blow. Apple is set to unveil new devices at a Tuesday event.Fresh off a legal sting in its battle over App Store payment practices, Apple Inc. will be looking to refocus attention back on its technology with its upcoming iPhone reveal.The smartphone giant is expected to unveil its iPhone 13 lineup -- as well as new smartwatches, headphones and possibly more -- during its annual fall event Tuesday. The announcements will come just days af","content":"<p>Apple looks to refocus on the iPhone after App Store legal blow</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1306d1e47e19f9fe4f1d6a24c7e3ba44\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Apple is set to unveil new devices at a Tuesday event.</span></p>\n<p>Fresh off a legal sting in its battle over App Store payment practices, Apple Inc. will be looking to refocus attention back on its technology with its upcoming iPhone reveal.</p>\n<p>The smartphone giant is expected to unveil its iPhone 13 lineup -- as well as new smartwatches, headphones and possibly more -- during its annual fall event Tuesday. The announcements will come just days after a federal judge ruled that Apple <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> could no longer prohibit app developers from offering alternate payment options beyond Apple's own in-app payment service, in a signal of the increasing backlash against the dominance of big technology companies.</p>\n<p>But the average iPhone user is likely unconcerned with the machinations of in-app payments, and they will be Apple's target audience as the company rolls out its new lineup. The phones are expected to feature improvements to camera and video functions but have a similar design to last year's models.</p>\n<p>The rumored upgrades mark perhaps more incremental improvements to the iPhone, unlike a year ago, when Apple brought 5G connectivity to its handsets for the first time and changed the phone's design. The iPhone 12 lineup has been selling well, and analysts seem generally upbeat about potential demand for the iPhone 13 family as well, despite what could be a lack of blockbuster feature upgrades.</p>\n<p>\"Given an improved economy, expanded 5G coverage, and low 5G smartphone ownership, we expect the iPhone 13 family to receive an enthusiastic reception,\" wrote Monness, Crespi, Hardt & Co. analyst Brian White.</p>\n<p>Here's what to watch for at Tuesday's event, which kicks off virtually at 1 p.m. ET.</p>\n<p><b>iPhone</b></p>\n<p>The iPhone has been the centerpiece of Apple's fall events and should be again this year.</p>\n<p>The company is expected to roll out four new phones, just as it did last year, featuring a similar design. One possible change from a visual standpoint is a smaller notch on the top of the phones, but otherwise the devices shouldn't look too different from their predecessors. MacRumors predicts that some rumored changes, like the disappearance of the Lightning charging port or the return of a fingerprint sensor, won't actually manifest in the upcoming models.</p>\n<p>Apple isn't likely to change the sizes of its phones this year, according to MacRumors, which is looking for the company to roll out a 5.4-inch iPhone mini, a 6.1-inch iPhone, a 6.1-inch iPhone Pro and a 6.7-inch iPhone Pro Max.</p>\n<p>The biggest improvements could come to the camera. Apple is reportedly planning to introduce a video version of its Portrait Mode setting, according to Bloomberg News, which would let users capture videos with blurred backgrounds. The company is also looking to add a ProRes recording capability that would allow for high-resolution footage as well as new photo-diting functions that would let people make pictures warmer or cooler, without affecting the white tones, per the report.</p>\n<p>There's also been talk of potential satellite capabilities in the next iPhones. Shares of satellite-communications company Globalstar Inc. surged after a report indicated that Apple was including low-earth orbit <a href=\"https://laohu8.com/S/LEO\">$(LEO)$</a> satellite communications so that users would be able to place calls or send messages without 4G or 5G cellular connections, but a second report suggested that Apple may limit this feature to emergency communications.</p>\n<p><b>Augmented reality</b></p>\n<p>Apple's landing page for the Sept. 14 event contained an Easter egg for iPhone users, allowing them to click on the Apple logo and view it in augmented reality on top of their surroundings. That suggests to <a href=\"https://laohu8.com/S/EFFE\">Global X</a> research analyst Pedro Palandrani that the company could be planning a significant AR announcement.</p>\n<p>The \"easy answer\" is that Apple would introduce a new AR feature for the iPhone, but there's \"not much to do there at this point,\" Palandrani told MarketWatch. \"I wouldn't be surprised if we get to see some Apple glasses,\" he continued, referring to the oft-discussed possibility that Apple would develop a form of AR glasses. <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc. (FB) recently unveiled its own pair of smart glasses.</p>\n<p>Whether Apple would be able to sell the hypothetical smart glasses immediately remains a question for Palandrani, given supply constraints impacting the broader consumer-electronics industry.</p>\n<p>\"Maybe they don't have the ability at this time to mass manufacture that type of device,\" he said, but in the near term, it's \"certainly a possibility.\"</p>\n<p>Evercore ISI analyst Amit Daryanani wrote that he sees \"a LONG SHOT that we finally get an AR/VR product announcement.\"</p>\n<p><b>Apple Watch</b></p>\n<p>Apple could be planning a design change to its next Apple Watch, as rumors indicate the company is looking to slightly increase its screen sizes and make the casing style more similar to what's seen on the iPhone 12 line.</p>\n<p>The Apple Watch 7 could come in 41-millimeter and 45-millimeter screen sizes, according to Bloomberg News, up from 40 millimeters and 44 millimeters currently. Bloomberg isn't anticipating any meaningful health upgrades, noting that a body-temperature scanner may not show up until next year's models come out.</p>\n<p>The devices are expected to have a flat-edged look, according to MacRumors, similar to what the iPhone 12 line sports. There were indications that Apple faced production issues with the Apple Watch 7, mainly due to the new design, but MacRumors cited a recent report from noted Apple analyst Ming-Chi Kuo, who said that Apple has resolved its issues and still looks to be on track with its planned launch.</p>\n<p><b>AirPods</b></p>\n<p>Apple could also be set to launch a refreshed version of its entry-level AirPods headphones. Beyond the base model, Apple offers a Pro version of the earbuds and a set of high-quality, over-the-ear headphones, and Apple may borrow some features from those as it jazzes up its regular AirPods.</p>\n<p>To start, the company is expected to change up the design a bit, putting a shorter stem on the new AirPods, similar to what's seen on the AirPods Pro. A CNet roundup notes that Apple is rumored to be planning for the introduction of spatial-audio technology to the basic AirPods.</p>\n<p>Apple may intend to leave out noise-cancelling functions on this upcoming AirPods model, per a report from Bloomberg News that came out late last year.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's what Apple is expected to announce at its iPhone 13 launch event Tuesday</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\">\nHere's what Apple is expected to announce at its iPhone 13 launch event Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 15:05 GMT+8 <a href=https://www.marketwatch.com/story/heres-what-apple-is-expected-to-announce-at-its-iphone-13-launch-event-tuesday-11631480093?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple looks to refocus on the iPhone after App Store legal blow\nApple is set to unveil new devices at a Tuesday event.\nFresh off a legal sting in its battle over App Store payment practices, Apple Inc...</p>\n\n<a href=\"https://www.marketwatch.com/story/heres-what-apple-is-expected-to-announce-at-its-iphone-13-launch-event-tuesday-11631480093?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/heres-what-apple-is-expected-to-announce-at-its-iphone-13-launch-event-tuesday-11631480093?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2167630550","content_text":"Apple looks to refocus on the iPhone after App Store legal blow\nApple is set to unveil new devices at a Tuesday event.\nFresh off a legal sting in its battle over App Store payment practices, Apple Inc. will be looking to refocus attention back on its technology with its upcoming iPhone reveal.\nThe smartphone giant is expected to unveil its iPhone 13 lineup -- as well as new smartwatches, headphones and possibly more -- during its annual fall event Tuesday. The announcements will come just days after a federal judge ruled that Apple $(AAPL)$ could no longer prohibit app developers from offering alternate payment options beyond Apple's own in-app payment service, in a signal of the increasing backlash against the dominance of big technology companies.\nBut the average iPhone user is likely unconcerned with the machinations of in-app payments, and they will be Apple's target audience as the company rolls out its new lineup. The phones are expected to feature improvements to camera and video functions but have a similar design to last year's models.\nThe rumored upgrades mark perhaps more incremental improvements to the iPhone, unlike a year ago, when Apple brought 5G connectivity to its handsets for the first time and changed the phone's design. The iPhone 12 lineup has been selling well, and analysts seem generally upbeat about potential demand for the iPhone 13 family as well, despite what could be a lack of blockbuster feature upgrades.\n\"Given an improved economy, expanded 5G coverage, and low 5G smartphone ownership, we expect the iPhone 13 family to receive an enthusiastic reception,\" wrote Monness, Crespi, Hardt & Co. analyst Brian White.\nHere's what to watch for at Tuesday's event, which kicks off virtually at 1 p.m. ET.\niPhone\nThe iPhone has been the centerpiece of Apple's fall events and should be again this year.\nThe company is expected to roll out four new phones, just as it did last year, featuring a similar design. One possible change from a visual standpoint is a smaller notch on the top of the phones, but otherwise the devices shouldn't look too different from their predecessors. MacRumors predicts that some rumored changes, like the disappearance of the Lightning charging port or the return of a fingerprint sensor, won't actually manifest in the upcoming models.\nApple isn't likely to change the sizes of its phones this year, according to MacRumors, which is looking for the company to roll out a 5.4-inch iPhone mini, a 6.1-inch iPhone, a 6.1-inch iPhone Pro and a 6.7-inch iPhone Pro Max.\nThe biggest improvements could come to the camera. Apple is reportedly planning to introduce a video version of its Portrait Mode setting, according to Bloomberg News, which would let users capture videos with blurred backgrounds. The company is also looking to add a ProRes recording capability that would allow for high-resolution footage as well as new photo-diting functions that would let people make pictures warmer or cooler, without affecting the white tones, per the report.\nThere's also been talk of potential satellite capabilities in the next iPhones. Shares of satellite-communications company Globalstar Inc. surged after a report indicated that Apple was including low-earth orbit $(LEO)$ satellite communications so that users would be able to place calls or send messages without 4G or 5G cellular connections, but a second report suggested that Apple may limit this feature to emergency communications.\nAugmented reality\nApple's landing page for the Sept. 14 event contained an Easter egg for iPhone users, allowing them to click on the Apple logo and view it in augmented reality on top of their surroundings. That suggests to Global X research analyst Pedro Palandrani that the company could be planning a significant AR announcement.\nThe \"easy answer\" is that Apple would introduce a new AR feature for the iPhone, but there's \"not much to do there at this point,\" Palandrani told MarketWatch. \"I wouldn't be surprised if we get to see some Apple glasses,\" he continued, referring to the oft-discussed possibility that Apple would develop a form of AR glasses. Facebook Inc. (FB) recently unveiled its own pair of smart glasses.\nWhether Apple would be able to sell the hypothetical smart glasses immediately remains a question for Palandrani, given supply constraints impacting the broader consumer-electronics industry.\n\"Maybe they don't have the ability at this time to mass manufacture that type of device,\" he said, but in the near term, it's \"certainly a possibility.\"\nEvercore ISI analyst Amit Daryanani wrote that he sees \"a LONG SHOT that we finally get an AR/VR product announcement.\"\nApple Watch\nApple could be planning a design change to its next Apple Watch, as rumors indicate the company is looking to slightly increase its screen sizes and make the casing style more similar to what's seen on the iPhone 12 line.\nThe Apple Watch 7 could come in 41-millimeter and 45-millimeter screen sizes, according to Bloomberg News, up from 40 millimeters and 44 millimeters currently. Bloomberg isn't anticipating any meaningful health upgrades, noting that a body-temperature scanner may not show up until next year's models come out.\nThe devices are expected to have a flat-edged look, according to MacRumors, similar to what the iPhone 12 line sports. There were indications that Apple faced production issues with the Apple Watch 7, mainly due to the new design, but MacRumors cited a recent report from noted Apple analyst Ming-Chi Kuo, who said that Apple has resolved its issues and still looks to be on track with its planned launch.\nAirPods\nApple could also be set to launch a refreshed version of its entry-level AirPods headphones. Beyond the base model, Apple offers a Pro version of the earbuds and a set of high-quality, over-the-ear headphones, and Apple may borrow some features from those as it jazzes up its regular AirPods.\nTo start, the company is expected to change up the design a bit, putting a shorter stem on the new AirPods, similar to what's seen on the AirPods Pro. A CNet roundup notes that Apple is rumored to be planning for the introduction of spatial-audio technology to the basic AirPods.\nApple may intend to leave out noise-cancelling functions on this upcoming AirPods model, per a report from Bloomberg News that came out late last year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815570050,"gmtCreate":1630708949170,"gmtModify":1676530379446,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/815570050","repostId":"2164879370","repostType":4,"repost":{"id":"2164879370","kind":"highlight","pubTimestamp":1630678680,"share":"https://ttm.financial/m/news/2164879370?lang=&edition=fundamental","pubTime":"2021-09-03 22:18","market":"us","language":"en","title":"3 Hypergrowth Stocks Expected to Increase Sales 1,185% to 12,629% by 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=2164879370","media":"Motley Fool","summary":"These fast-paced companies should generate jaw-dropping revenue growth over the next three years.","content":"<p>Since the end of the Great Recession in 2009, growth stocks have thrived. Historically low lending rates, an ongoing quantitative easing program designed to weigh down long-term bond yields, and a free-spending Congress have all helped to make cheap capital widely abundant for businesses. This is helping to fuel acquisitions, hiring, and (most importantly) innovation.</p>\n<p>Yet for some companies, their exponential growth is just beginning. For each of the following hypergrowth stocks, Wall Street's consensus sales estimate for 2023, courtesy of <b>FactSet</b>, implies a revenue increase ranging from a low of 1,185% (yes, <i>a low of 1,185%</i>) to a high of 12,629%, compared to 2020 sales.</p>\n<h2>Moderna: Implied sales increase of 1,185%</h2>\n<p>Arguably the best-known name on this list is biotech <b>Moderna</b> (NASDAQ:MRNA). According to Wall Street, Moderna's annual revenue is expected to catapult from the $803.4 million recorded in 2020 to an estimated $10.33 billion in 2023. Interestingly, the $10.33 billion in projected sales for 2023 is about half of the $20.13 billion forecast this year.</p>\n<p>As a lot of you probably know, Modena's success is tied to the development of its coronavirus vaccine mRNA-1273. When the company ran a large-scale study of its COVID-19 vaccine, the results (released in November) demonstrated a vaccine efficacy (VE) of 94% and a strong propensity to keep vaccinated individuals from getting severe forms of the disease. This initial VE made Moderna's COVID vaccine a slam dunk for Emergency Use Authorization in the United States.</p>\n<p>When the company announced its second-quarter operating results on Aug. 5, it stuck to its original forecast of delivering between 800 million and 1 billion doses in 2021, with net product sales of around $20 billion. Next year, Moderna believes it can provide between 2 billion and 3 billion doses. As a reminder, the Moderna vaccine is a two-dose regimen, meaning its 2022 output could fully inoculate 1 billion to 1.5 billion people.</p>\n<p>Also working in Modena's favor is the possibility of booster vaccinations. The mutability of COVID, coupled with a handful of studies suggesting that VE begins waning at the six-month mark, could create a recurring vaccination need globally.</p>\n<p>While Moderna might sound like a surefire growth story, there are still big question marks about its future. For example, even though mRNA-1273 has been wildly successful, it's the only therapy that's generating sales for the company. Moderna's non-COVID pipeline looks to be years away from bringing in meaningful revenue.</p>\n<p>Equally concerning is the likelihood that the COVID vaccine space is going to become crowded. At some point soon, <b>Novavax</b> should join the field with a formidable initial VE of about 90%. It is also working on a combination COVID/influenza vaccine, which would be a differentiator and game changer.</p>\n<p>Not to take anything away from what Moderna has done, but a $150 billion market cap for a company with a single therapy seems awfully risky.</p>\n<h2><a href=\"https://laohu8.com/S/ZGNX\">Zogenix</a>: Implied sales increase of 2,451%</h2>\n<p>Another biotech stock that's expected to generate jaw-dropping sales growth through 2023 is small-cap <b>Zogenix</b> (NASDAQ:ZGNX). If Wall Street's consensus estimate proves accurate, the company's $13.64 million in reported sales in 2020 could grow to $348 million by 2023.</p>\n<p>Like Moderna, there's a single drug that looks to do all of the heavy lifting for Zogenix over the next couple of years: Fintepla. This is a drug targeted at a variety of seizure-related indications. It's already been approved by the Food and Drug Administration to treat Dravet syndrome. And Zogenix has plans to file a supplemental new drug application by the end of the current quarter to expand Fintepla's label to include Lennox-Gastaut syndrome (LGS). Both Dravet and LGS are rare forms of childhood-onset epilepsy. If approved, Zogenix could launch Fintepla for LGS patients in this country by as early as the first half of 2022.</p>\n<p>And Zogenix still isn't done with Fintepla. After hashing out the finer points with the FDA, the company intends to initiate a phase 3 study involving Fintepla as a treatment for CDKL5 deficiency disorder before the end of the year. Thus, organic growth and label expansion opportunities are expected to fuel sales of Fintepla to almost $350 million in three years.</p>\n<p>What'll be particularly interesting is how Zogenix fares against cannabinoid-focused drug developer GW Pharmaceuticals, which was acquired by <b>Jazz Pharmaceuticals</b> (NASDAQ:JAZZ) in May. GW's lead drug, Epidiolex, is a cannabidiol-based treatment that's been approved by the FDA to treat Dravet syndrome and LGS, and it launched in advance of Zogenix's Fintepla. For comparative purposes, Jazz announced that Epidiolex brought home $155.9 million in sales just in the second quarter, although it has an additional indication under its belt (tuberous sclerosis complex) where it won't compete against Zogenix.</p>\n<p>Although Epidiolex appears to have the upper hand now, it's worth noting that seizure-reduction efficacy for Fintepla looked very promising in late-stage clinical trials. To be 100% clear, the GW Pharma and Zogenix studies were never pitted head-to-head, and their baseline parameters are different. Nevertheless, Fintepla led to a 62.3% reduction in mean monthly convulsive seizure frequency compared to placebo at the six-week mark for Dravet syndrome patients.</p>\n<p>Comparatively, Jazz's Epidiolex demonstrated reductions in seizure frequency from baseline of 56% and 47%, respectively, for the lower- and higher-dose treatments in phase 3 studies in Dravet syndrome patients. Suffice it to say, these could be highly competitive indications for the foreseeable future.</p>\n<h2>Marathon Digital Holdings: Implied sales increase of 12,629%</h2>\n<p>Now, if you want pedal-to-the-metal growth, look no further than <b>Marathon Digital Holdings</b> (NASDAQ:MARA). After reporting a meager $4.36 million in sales in 2020, Wall Street anticipates full-year sales will climb to $555 million by 2023. That's an increase of 12,629%.</p>\n<p>If you're wondering how sales growth of this magnitude is possible for a company not involved in drug development, look no further than cryptocurrencies.</p>\n<p>Marathon Digital is a cryptocurrency mining company. It operates a farm of high-powered computing devices designed to solve complex mathematical equations that validate groups of transactions (known as a block) as valid on a digital currency's blockchain. For being the first to validate a block, Marathon is paid a block reward. This reward is typically a set amount of digital tokens from the digital currency being mined.</p>\n<p>In Marathon's case, it's mining <b>Bitcoin</b> (CRYPTO:BTC), the largest cryptocurrency in the world by market cap. Being the first to mine a Bitcoin block results in the company being awarded 6.25 Bitcoin tokens, which were worth a cool $292,000, as of Aug. 30.</p>\n<p>The reason Marathon's sales are skyrocketing so quickly is because it's in the midst of deploying <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the largest Bitcoin-mining operations in the United States. As of the beginning of August, approximately 30,100 miners were operating, with another 103,000 ordered and yet to be installed. By the end of the first quarter of 2022, Marathon should have north of 100,000 miners in operation, with all 133,120 up and running by July 2022.</p>\n<p>Though Marathon is the fastest-growing of these three hypergrowth stocks, it's also arguably the most dangerous investment of this trio. That's because it's entirely dependent on external factors, such as interest in, and the price of, Bitcoin -- and not innovation.</p>\n<p>What's more, the barrier to entry in the cryptocurrency mining space is virtually nonexistent. As time passes, it's going to be tougher for Marathon to successfully mine Bitcoin.</p>\n<p>As the icing on the cake, Bitcoin's block rewards halve every four years. By 2024, only 3.125 Bitcoin tokens will be paid for validating a block. Essentially, Marathon is competing against a growing number of mining companies for a reward that's shrinking. It simply doesn't sound like an operating model with long-term staying power.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Hypergrowth Stocks Expected to Increase Sales 1,185% to 12,629% by 2023</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Hypergrowth Stocks Expected to Increase Sales 1,185% to 12,629% by 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-03 22:18 GMT+8 <a href=https://www.fool.com/investing/2021/09/03/3-hypergrowth-stocks-increase-sales-1185-to-12629/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Since the end of the Great Recession in 2009, growth stocks have thrived. Historically low lending rates, an ongoing quantitative easing program designed to weigh down long-term bond yields, and a ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/03/3-hypergrowth-stocks-increase-sales-1185-to-12629/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZGNX":"Zogenix","MRNA":"Moderna, Inc.","MARA":"MARA Holdings"},"source_url":"https://www.fool.com/investing/2021/09/03/3-hypergrowth-stocks-increase-sales-1185-to-12629/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164879370","content_text":"Since the end of the Great Recession in 2009, growth stocks have thrived. Historically low lending rates, an ongoing quantitative easing program designed to weigh down long-term bond yields, and a free-spending Congress have all helped to make cheap capital widely abundant for businesses. This is helping to fuel acquisitions, hiring, and (most importantly) innovation.\nYet for some companies, their exponential growth is just beginning. For each of the following hypergrowth stocks, Wall Street's consensus sales estimate for 2023, courtesy of FactSet, implies a revenue increase ranging from a low of 1,185% (yes, a low of 1,185%) to a high of 12,629%, compared to 2020 sales.\nModerna: Implied sales increase of 1,185%\nArguably the best-known name on this list is biotech Moderna (NASDAQ:MRNA). According to Wall Street, Moderna's annual revenue is expected to catapult from the $803.4 million recorded in 2020 to an estimated $10.33 billion in 2023. Interestingly, the $10.33 billion in projected sales for 2023 is about half of the $20.13 billion forecast this year.\nAs a lot of you probably know, Modena's success is tied to the development of its coronavirus vaccine mRNA-1273. When the company ran a large-scale study of its COVID-19 vaccine, the results (released in November) demonstrated a vaccine efficacy (VE) of 94% and a strong propensity to keep vaccinated individuals from getting severe forms of the disease. This initial VE made Moderna's COVID vaccine a slam dunk for Emergency Use Authorization in the United States.\nWhen the company announced its second-quarter operating results on Aug. 5, it stuck to its original forecast of delivering between 800 million and 1 billion doses in 2021, with net product sales of around $20 billion. Next year, Moderna believes it can provide between 2 billion and 3 billion doses. As a reminder, the Moderna vaccine is a two-dose regimen, meaning its 2022 output could fully inoculate 1 billion to 1.5 billion people.\nAlso working in Modena's favor is the possibility of booster vaccinations. The mutability of COVID, coupled with a handful of studies suggesting that VE begins waning at the six-month mark, could create a recurring vaccination need globally.\nWhile Moderna might sound like a surefire growth story, there are still big question marks about its future. For example, even though mRNA-1273 has been wildly successful, it's the only therapy that's generating sales for the company. Moderna's non-COVID pipeline looks to be years away from bringing in meaningful revenue.\nEqually concerning is the likelihood that the COVID vaccine space is going to become crowded. At some point soon, Novavax should join the field with a formidable initial VE of about 90%. It is also working on a combination COVID/influenza vaccine, which would be a differentiator and game changer.\nNot to take anything away from what Moderna has done, but a $150 billion market cap for a company with a single therapy seems awfully risky.\nZogenix: Implied sales increase of 2,451%\nAnother biotech stock that's expected to generate jaw-dropping sales growth through 2023 is small-cap Zogenix (NASDAQ:ZGNX). If Wall Street's consensus estimate proves accurate, the company's $13.64 million in reported sales in 2020 could grow to $348 million by 2023.\nLike Moderna, there's a single drug that looks to do all of the heavy lifting for Zogenix over the next couple of years: Fintepla. This is a drug targeted at a variety of seizure-related indications. It's already been approved by the Food and Drug Administration to treat Dravet syndrome. And Zogenix has plans to file a supplemental new drug application by the end of the current quarter to expand Fintepla's label to include Lennox-Gastaut syndrome (LGS). Both Dravet and LGS are rare forms of childhood-onset epilepsy. If approved, Zogenix could launch Fintepla for LGS patients in this country by as early as the first half of 2022.\nAnd Zogenix still isn't done with Fintepla. After hashing out the finer points with the FDA, the company intends to initiate a phase 3 study involving Fintepla as a treatment for CDKL5 deficiency disorder before the end of the year. Thus, organic growth and label expansion opportunities are expected to fuel sales of Fintepla to almost $350 million in three years.\nWhat'll be particularly interesting is how Zogenix fares against cannabinoid-focused drug developer GW Pharmaceuticals, which was acquired by Jazz Pharmaceuticals (NASDAQ:JAZZ) in May. GW's lead drug, Epidiolex, is a cannabidiol-based treatment that's been approved by the FDA to treat Dravet syndrome and LGS, and it launched in advance of Zogenix's Fintepla. For comparative purposes, Jazz announced that Epidiolex brought home $155.9 million in sales just in the second quarter, although it has an additional indication under its belt (tuberous sclerosis complex) where it won't compete against Zogenix.\nAlthough Epidiolex appears to have the upper hand now, it's worth noting that seizure-reduction efficacy for Fintepla looked very promising in late-stage clinical trials. To be 100% clear, the GW Pharma and Zogenix studies were never pitted head-to-head, and their baseline parameters are different. Nevertheless, Fintepla led to a 62.3% reduction in mean monthly convulsive seizure frequency compared to placebo at the six-week mark for Dravet syndrome patients.\nComparatively, Jazz's Epidiolex demonstrated reductions in seizure frequency from baseline of 56% and 47%, respectively, for the lower- and higher-dose treatments in phase 3 studies in Dravet syndrome patients. Suffice it to say, these could be highly competitive indications for the foreseeable future.\nMarathon Digital Holdings: Implied sales increase of 12,629%\nNow, if you want pedal-to-the-metal growth, look no further than Marathon Digital Holdings (NASDAQ:MARA). After reporting a meager $4.36 million in sales in 2020, Wall Street anticipates full-year sales will climb to $555 million by 2023. That's an increase of 12,629%.\nIf you're wondering how sales growth of this magnitude is possible for a company not involved in drug development, look no further than cryptocurrencies.\nMarathon Digital is a cryptocurrency mining company. It operates a farm of high-powered computing devices designed to solve complex mathematical equations that validate groups of transactions (known as a block) as valid on a digital currency's blockchain. For being the first to validate a block, Marathon is paid a block reward. This reward is typically a set amount of digital tokens from the digital currency being mined.\nIn Marathon's case, it's mining Bitcoin (CRYPTO:BTC), the largest cryptocurrency in the world by market cap. Being the first to mine a Bitcoin block results in the company being awarded 6.25 Bitcoin tokens, which were worth a cool $292,000, as of Aug. 30.\nThe reason Marathon's sales are skyrocketing so quickly is because it's in the midst of deploying one of the largest Bitcoin-mining operations in the United States. As of the beginning of August, approximately 30,100 miners were operating, with another 103,000 ordered and yet to be installed. By the end of the first quarter of 2022, Marathon should have north of 100,000 miners in operation, with all 133,120 up and running by July 2022.\nThough Marathon is the fastest-growing of these three hypergrowth stocks, it's also arguably the most dangerous investment of this trio. That's because it's entirely dependent on external factors, such as interest in, and the price of, Bitcoin -- and not innovation.\nWhat's more, the barrier to entry in the cryptocurrency mining space is virtually nonexistent. As time passes, it's going to be tougher for Marathon to successfully mine Bitcoin.\nAs the icing on the cake, Bitcoin's block rewards halve every four years. By 2024, only 3.125 Bitcoin tokens will be paid for validating a block. Essentially, Marathon is competing against a growing number of mining companies for a reward that's shrinking. It simply doesn't sound like an operating model with long-term staying power.","news_type":1},"isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9089625692,"gmtCreate":1649989130646,"gmtModify":1676534623579,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9089625692","repostId":"1143171275","repostType":4,"repost":{"id":"1143171275","kind":"news","pubTimestamp":1649987184,"share":"https://ttm.financial/m/news/1143171275?lang=&edition=fundamental","pubTime":"2022-04-15 09:46","market":"us","language":"en","title":"Twitter Is Worth More Than Elon Musk's $54 Per Share Offer","url":"https://stock-news.laohu8.com/highlight/detail?id=1143171275","media":"Seeking Alpha","summary":"SummaryTwitter has struggled to grow into profitability but is now turning a corner.Musk's interest ","content":"<html><head></head><body><p>Summary</p><ul><li>Twitter has struggled to grow into profitability but is now turning a corner.</li><li>Musk's interest shows the value of the business is real and growing.</li><li>But if he's right - why should shareholders give away all the upside to one buyer?</li></ul><p>I've been an active Twitter (NYSE:TWTR) user for years, but I was never a shareholder. Notable users such as Donald Trump (currently banned from the platform) and Elon Musk have made extremely productive use of the platform and used it to expand their reach and influence. In this article, I'll explain why there are two big questions that matter for the decision to own stock in Twitter:</p><p>- Can it be made profitable?</p><p>- Will being profitable ruin the company?</p><p>Elon Musk's offer to buy Twitter for $54.20 per share confirms that the answer to the first question is "yes," and the answer to the second question is "no." So now that the stock is effectively "de-risked," shareholders should hold on and not be willing to sell at this price or anything less than say $100 per share.</p><p><b>Twitter's History in a Nutshell</b></p><p>Twitter started as a "micro-blogging" site in 2006 by Evan Williams, Jack Dorsey and others. The site became more and more well-known over time, and reached 100 million users per day in 2012. Although growing, it was something of a corporate curiosity: the company was not profitable, and unusual for these situations, founder Jack Dorsey basically left to start another company "Square", now known as "Block" (SQ).</p><p>After some internal intrigues, Dorsey returned as CEO in 2015 but without giving up his role at Square/Block. Twitter went public in 2013 at an "IPO price" of $25 but traded that day up to $44 per share. Investors have suffered poor returns ever since as the company struggled to obtain profitability:</p><p><img src=\"https://static.tigerbbs.com/cb94f60a78c5ab5cb73a019721a717db\" tg-width=\"640\" tg-height=\"331\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Share Price and Profits (Koyfin, Author)</p><p>So over the last nine years, Twitter became one of the most influential companies and mediums of communication on Earth. But no one could be sure what it meant to own stock in the company. In November, Dorsey stepped away from his role as CEO and Twitter executive Parag Agrawal took over.</p><p>Can Twitter Make Money? Yes.</p><p>As you can see in the chart above, around halfway through the Trump administration Twitter found a way to produce net income on flat revenue. The last year's lack of net income is actually marred by the one-time event of an $800 million lawsuit settlement, so it's actually more profitable than it appears.</p><p>The incredible strength of software and tech business models lies in their ability to not only grow earnings without additional capital but also in the increasing returns to scale of additional revenues. The cost of running Twitter for say 110 million users isn't much greater than the cost to run it for 100 million users, so any additional revenue "drops straight to the bottom line." (This is an oversimplification, but it's still useful.)</p><p>To see what I mean, look at the Income Statement from Twitter's Shareholder Letter:</p><p><img src=\"https://static.tigerbbs.com/651814d49f5de822d55066b4689f1781\" tg-width=\"640\" tg-height=\"421\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Twitter Income Statement (Twitter)</p><p>We clearly see the $765 million line item for Twitter's share of the settlement mentioned above. So without that settlement, "Total Costs and Expenses" were $4,805 million in 2021 compared to $3,690 million in 2021 - so <i>costs increased of 30%</i>. At the same time, revenue increased year over from $3,716 million to $5,077 million for a<i>gain in revenues of 36%</i>. To the extent that this trend can keep growing, future profitability is far greater than the $272 million income from operations (without the lawsuit) we see in last year's numbers.</p><p>Even if Twitter had reported net income of $250 million instead of a loss of $221 million, it would still seem expensive at a market cap of $37 billion times earnings (148x earnings). Buying at those prices indicates expectations of much higher profitability in the future, and I think that's very reasonable.</p><p>But will Twitter Stay Fun? Yes.</p><p>Now that we know Twitter can begin earning net income, the next question is whether or not "the magic" of Twitter will remain and keep it such an essential part of the marketplace. After all, others have talked about starting alternative social networks geared to conservative voices such as the "Truth Social" offering of Digital World Acquisition (DWAC) and the growing reach of TikTok (owned by ByteDance).</p><p>Despite a number of challenges, it seems like Twitter is staying relevant and vital. Twitter suspended Donald Trump (its most influential!)user on January 8, 2021, but as you can see from this chart in the company's Shareholder Letter, both revenue and the number of users have increased from the fourth quarter of 2020 (when Trump was still on the platform) to the fourth quarter of 2022 (when he'd been off for almost a year). So Twitter's business is clearly bigger and more durable than just the effect Trump had on its growth.</p><p><img src=\"https://static.tigerbbs.com/c7e97ffbd971155113d753a6748ff21b\" tg-width=\"640\" tg-height=\"337\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Twitter Year-over-Year results (Twitter Shareholder Letter)</p><p>Musk has also become an increasingly active user of the platform, as you can see in this article from Visual Capitalist, which also reviews some of his best-known Tweets:</p><p><img src=\"https://static.tigerbbs.com/48877c257e17a678562789221605573c\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Elon Musk's Tweets by Year (VisualCapitalist.com, Carmen Ang)</p><p>While looking at Musk's activity alone doesn't prove anything, it seems like there are plenty of reasons to think Twitter remains vital. This article explains what Twitter means to marketing customers, so you can see that even though WhatsApp (owned by Facebook/Meta (FB)) or other social media apps may be gaining, Twitter's level of engagement and value to customers remains high.</p><p>Armchair strategists have had ideas for how to make Twitter bigger, more successful and more relevant for years (see for example this article from 2016). Many have been critical, but throughout it all - the company keeps growing. So I don't know of any other way to answer the question than to say, "Yes, Twitter keeps being fun and that's why people use it."</p><p>What Does Musk's Offer Mean for Shareholders</p><p>Musk, of course, has a pretty storied history with Twitter, including offering to buyout Tesla for $420 per share(pre-split) and another tweet which got him sued for libel. Last month, he bought 9% of the company's stock, planned to take a seat on the board of directors, and then withdrew from consideration.</p><p>Now Musk has made an offer to buy the whole company, and it's worth reading the whole test of his filing with the SEC:</p><p><img src=\"https://static.tigerbbs.com/1556fe029f6438ac238ca752b1d3d7b1\" tg-width=\"640\" tg-height=\"367\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Musk's Offer to buy Twitter (SEC)</p><p>Musk has been selling stock in Tesla(TSLA) recently, but his 17% stake is still worth approximately $175 billion - so he should be "good for" the $40 billion or so required to buy the rest of Twitter. (Recall that he already owns 9% of the company).</p><p>There are a few ways to think about his offer:</p><p>1. He wants to take over the company and run it</p><p>2. He wants to draw attention to his ideas about how to run Twitter</p><p>3. He's bluffing about buying Twitter and just wants attention</p><p>I'll skip over analyzing number 3 because it requires an assumption of bad faith I'm not willing to make, and focus on 1 and 2. If 1 is true and Musk thinks the company is valuable, then maybe someone else can unlock that value and shareholders' gains don't have to "top out" at the offer price of $54.20?</p><p>If 2 is true and Musk wants to draw attention to the way he would run Twitter, this is something of the "best of all possible" worlds for Twitter shareholders. They'll get the benefit of Musk's ideas, but they won't give up any upside. This is also a great strategy for Musk himself. He can bring the focus of executives, directors and shareholders to his strategy, and possibly gain influence or place someone in the C-Suite or board of directors - but he doesn't have to pay a buy-out premium. He gets the benefit of forcing the company's hand to increase the value of his investment, but he doesn't have to pay a premium for it!</p><p>Shareholders Can Sit Pretty - Don't Sell!</p><p>For the reasons described above, I think it's clear that the value of Twitter is starting to poke out from under the surface. It remains to be seen whether the current management team can deliver, or whether it will require Musk's influence to make changes. In either case, there's little reason for outside shareholders to give up future upside by selling their shares in the market, or by supporting Musk's buyout offer.</p><p>If Musk's offer is not accepted, I would expect shares to fall in price for the time being. But that doesn't mean the value of the business has declined. I would consider that a good time to buy.</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>Twitter Is Worth More Than Elon Musk's $54 Per Share Offer</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\">\nTwitter Is Worth More Than Elon Musk's $54 Per Share Offer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-15 09:46 GMT+8 <a href=https://seekingalpha.com/article/4501410-twitter-is-worth-more-than-musks-offer><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTwitter has struggled to grow into profitability but is now turning a corner.Musk's interest shows the value of the business is real and growing.But if he's right - why should shareholders give...</p>\n\n<a href=\"https://seekingalpha.com/article/4501410-twitter-is-worth-more-than-musks-offer\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"https://seekingalpha.com/article/4501410-twitter-is-worth-more-than-musks-offer","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143171275","content_text":"SummaryTwitter has struggled to grow into profitability but is now turning a corner.Musk's interest shows the value of the business is real and growing.But if he's right - why should shareholders give away all the upside to one buyer?I've been an active Twitter (NYSE:TWTR) user for years, but I was never a shareholder. Notable users such as Donald Trump (currently banned from the platform) and Elon Musk have made extremely productive use of the platform and used it to expand their reach and influence. In this article, I'll explain why there are two big questions that matter for the decision to own stock in Twitter:- Can it be made profitable?- Will being profitable ruin the company?Elon Musk's offer to buy Twitter for $54.20 per share confirms that the answer to the first question is \"yes,\" and the answer to the second question is \"no.\" So now that the stock is effectively \"de-risked,\" shareholders should hold on and not be willing to sell at this price or anything less than say $100 per share.Twitter's History in a NutshellTwitter started as a \"micro-blogging\" site in 2006 by Evan Williams, Jack Dorsey and others. The site became more and more well-known over time, and reached 100 million users per day in 2012. Although growing, it was something of a corporate curiosity: the company was not profitable, and unusual for these situations, founder Jack Dorsey basically left to start another company \"Square\", now known as \"Block\" (SQ).After some internal intrigues, Dorsey returned as CEO in 2015 but without giving up his role at Square/Block. Twitter went public in 2013 at an \"IPO price\" of $25 but traded that day up to $44 per share. Investors have suffered poor returns ever since as the company struggled to obtain profitability:Share Price and Profits (Koyfin, Author)So over the last nine years, Twitter became one of the most influential companies and mediums of communication on Earth. But no one could be sure what it meant to own stock in the company. In November, Dorsey stepped away from his role as CEO and Twitter executive Parag Agrawal took over.Can Twitter Make Money? Yes.As you can see in the chart above, around halfway through the Trump administration Twitter found a way to produce net income on flat revenue. The last year's lack of net income is actually marred by the one-time event of an $800 million lawsuit settlement, so it's actually more profitable than it appears.The incredible strength of software and tech business models lies in their ability to not only grow earnings without additional capital but also in the increasing returns to scale of additional revenues. The cost of running Twitter for say 110 million users isn't much greater than the cost to run it for 100 million users, so any additional revenue \"drops straight to the bottom line.\" (This is an oversimplification, but it's still useful.)To see what I mean, look at the Income Statement from Twitter's Shareholder Letter:Twitter Income Statement (Twitter)We clearly see the $765 million line item for Twitter's share of the settlement mentioned above. So without that settlement, \"Total Costs and Expenses\" were $4,805 million in 2021 compared to $3,690 million in 2021 - so costs increased of 30%. At the same time, revenue increased year over from $3,716 million to $5,077 million for again in revenues of 36%. To the extent that this trend can keep growing, future profitability is far greater than the $272 million income from operations (without the lawsuit) we see in last year's numbers.Even if Twitter had reported net income of $250 million instead of a loss of $221 million, it would still seem expensive at a market cap of $37 billion times earnings (148x earnings). Buying at those prices indicates expectations of much higher profitability in the future, and I think that's very reasonable.But will Twitter Stay Fun? Yes.Now that we know Twitter can begin earning net income, the next question is whether or not \"the magic\" of Twitter will remain and keep it such an essential part of the marketplace. After all, others have talked about starting alternative social networks geared to conservative voices such as the \"Truth Social\" offering of Digital World Acquisition (DWAC) and the growing reach of TikTok (owned by ByteDance).Despite a number of challenges, it seems like Twitter is staying relevant and vital. Twitter suspended Donald Trump (its most influential!)user on January 8, 2021, but as you can see from this chart in the company's Shareholder Letter, both revenue and the number of users have increased from the fourth quarter of 2020 (when Trump was still on the platform) to the fourth quarter of 2022 (when he'd been off for almost a year). So Twitter's business is clearly bigger and more durable than just the effect Trump had on its growth.Twitter Year-over-Year results (Twitter Shareholder Letter)Musk has also become an increasingly active user of the platform, as you can see in this article from Visual Capitalist, which also reviews some of his best-known Tweets:Elon Musk's Tweets by Year (VisualCapitalist.com, Carmen Ang)While looking at Musk's activity alone doesn't prove anything, it seems like there are plenty of reasons to think Twitter remains vital. This article explains what Twitter means to marketing customers, so you can see that even though WhatsApp (owned by Facebook/Meta (FB)) or other social media apps may be gaining, Twitter's level of engagement and value to customers remains high.Armchair strategists have had ideas for how to make Twitter bigger, more successful and more relevant for years (see for example this article from 2016). Many have been critical, but throughout it all - the company keeps growing. So I don't know of any other way to answer the question than to say, \"Yes, Twitter keeps being fun and that's why people use it.\"What Does Musk's Offer Mean for ShareholdersMusk, of course, has a pretty storied history with Twitter, including offering to buyout Tesla for $420 per share(pre-split) and another tweet which got him sued for libel. Last month, he bought 9% of the company's stock, planned to take a seat on the board of directors, and then withdrew from consideration.Now Musk has made an offer to buy the whole company, and it's worth reading the whole test of his filing with the SEC:Musk's Offer to buy Twitter (SEC)Musk has been selling stock in Tesla(TSLA) recently, but his 17% stake is still worth approximately $175 billion - so he should be \"good for\" the $40 billion or so required to buy the rest of Twitter. (Recall that he already owns 9% of the company).There are a few ways to think about his offer:1. He wants to take over the company and run it2. He wants to draw attention to his ideas about how to run Twitter3. He's bluffing about buying Twitter and just wants attentionI'll skip over analyzing number 3 because it requires an assumption of bad faith I'm not willing to make, and focus on 1 and 2. If 1 is true and Musk thinks the company is valuable, then maybe someone else can unlock that value and shareholders' gains don't have to \"top out\" at the offer price of $54.20?If 2 is true and Musk wants to draw attention to the way he would run Twitter, this is something of the \"best of all possible\" worlds for Twitter shareholders. They'll get the benefit of Musk's ideas, but they won't give up any upside. This is also a great strategy for Musk himself. He can bring the focus of executives, directors and shareholders to his strategy, and possibly gain influence or place someone in the C-Suite or board of directors - but he doesn't have to pay a buy-out premium. He gets the benefit of forcing the company's hand to increase the value of his investment, but he doesn't have to pay a premium for it!Shareholders Can Sit Pretty - Don't Sell!For the reasons described above, I think it's clear that the value of Twitter is starting to poke out from under the surface. It remains to be seen whether the current management team can deliver, or whether it will require Musk's influence to make changes. In either case, there's little reason for outside shareholders to give up future upside by selling their shares in the market, or by supporting Musk's buyout offer.If Musk's offer is not accepted, I would expect shares to fall in price for the time being. But that doesn't mean the value of the business has declined. I would consider that a good time to buy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817237979,"gmtCreate":1630968334391,"gmtModify":1676530427822,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Good info","listText":"Good info","text":"Good info","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/817237979","repostId":"1121396906","repostType":4,"isVote":1,"tweetType":1,"viewCount":49,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811026188,"gmtCreate":1630279402744,"gmtModify":1676530253655,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a> long term","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a> long term","text":"$NIO Inc.(NIO)$ long term","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/811026188","isVote":1,"tweetType":1,"viewCount":197,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3562363302797769","authorId":"3562363302797769","name":"霸天hanky","avatar":"https://community-static.tradeup.com/news/ce2369a4c28b9d53cf6189d997e6c1cb","crmLevel":1,"crmLevelSwitch":0,"idStr":"3562363302797769","authorIdStr":"3562363302797769"},"content":"Long term for $20 [laughing and crying] Hold it until $20","text":"Long term for $20 [laughing and crying] Hold it until $20","html":"Long term for $20 [laughing and crying] Hold it until $20"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144332286,"gmtCreate":1626267132545,"gmtModify":1703756660812,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/144332286","repostId":"1134311698","repostType":4,"repost":{"id":"1134311698","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1626265650,"share":"https://ttm.financial/m/news/1134311698?lang=&edition=fundamental","pubTime":"2021-07-14 20:27","market":"us","language":"en","title":"PNC Loans, Deposits Grow With Acquisition","url":"https://stock-news.laohu8.com/highlight/detail?id=1134311698","media":"Tiger Newspress","summary":"PNC Financial Services Group Inc. logged better-than-expected income results in the latest quarter, ","content":"<p>PNC Financial Services Group Inc. logged better-than-expected income results in the latest quarter, as deposits and loans grew with the closure of the bank's acquisition of BBVA USA.</p>\n<p>The Pittsburgh-based bank posted diluted earnings from continuing operations of $2.43 a share, compared with a diluted loss from continuing operations of $1.90 a share in the same three-month period a year earlier. Net income attributable to common shareholders was $1.04 billion, compared with $3.59 billion in 2020's second quarter.</p>\n<p>Analysts polled by FactSet were expecting earnings of $1.09 a share.</p>\n<p>Net interest income rose to $2.58 billion, from $2.53 billion a year earlier. Non-interest income was $2.09 billion, up from $1.55 billion 12 months ago.</p>\n<p>Analysts had forecast net interest income of $2.56 billion and non-interest income of $1.87 billion.</p>\n<p>PNC provisioned $302 million for credit losses in the latest quarter. PNC's legacy provision recapture of $704 million was more than offset by an initial provision of $1 billion related to the bank's acquisition of BBVA. In last year's second quarter, the bank had provisioned $2.46 billion amid the worsening coronavirus pandemic and its effects on the economy.</p>\n<p>Loans grew to $294.7 billion, after finishing the first quarter at $237 billion. Deposits grew to $452.9 billion, from $375.1 billion at the end of the first quarter. The allowance for credit losses stood at 2.16% of total loans.</p>\n<p>PNC's net interest margin was 2.29%, down from 2.52% a year earlier</p>\n<p>PNC shares fell 1.79% in premarket.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PNC Loans, Deposits Grow With Acquisition</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\">\nPNC Loans, Deposits Grow With Acquisition\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-14 20:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>PNC Financial Services Group Inc. logged better-than-expected income results in the latest quarter, as deposits and loans grew with the closure of the bank's acquisition of BBVA USA.</p>\n<p>The Pittsburgh-based bank posted diluted earnings from continuing operations of $2.43 a share, compared with a diluted loss from continuing operations of $1.90 a share in the same three-month period a year earlier. Net income attributable to common shareholders was $1.04 billion, compared with $3.59 billion in 2020's second quarter.</p>\n<p>Analysts polled by FactSet were expecting earnings of $1.09 a share.</p>\n<p>Net interest income rose to $2.58 billion, from $2.53 billion a year earlier. Non-interest income was $2.09 billion, up from $1.55 billion 12 months ago.</p>\n<p>Analysts had forecast net interest income of $2.56 billion and non-interest income of $1.87 billion.</p>\n<p>PNC provisioned $302 million for credit losses in the latest quarter. PNC's legacy provision recapture of $704 million was more than offset by an initial provision of $1 billion related to the bank's acquisition of BBVA. In last year's second quarter, the bank had provisioned $2.46 billion amid the worsening coronavirus pandemic and its effects on the economy.</p>\n<p>Loans grew to $294.7 billion, after finishing the first quarter at $237 billion. Deposits grew to $452.9 billion, from $375.1 billion at the end of the first quarter. The allowance for credit losses stood at 2.16% of total loans.</p>\n<p>PNC's net interest margin was 2.29%, down from 2.52% a year earlier</p>\n<p>PNC shares fell 1.79% in premarket.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PNC":"PNC金融"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134311698","content_text":"PNC Financial Services Group Inc. logged better-than-expected income results in the latest quarter, as deposits and loans grew with the closure of the bank's acquisition of BBVA USA.\nThe Pittsburgh-based bank posted diluted earnings from continuing operations of $2.43 a share, compared with a diluted loss from continuing operations of $1.90 a share in the same three-month period a year earlier. Net income attributable to common shareholders was $1.04 billion, compared with $3.59 billion in 2020's second quarter.\nAnalysts polled by FactSet were expecting earnings of $1.09 a share.\nNet interest income rose to $2.58 billion, from $2.53 billion a year earlier. Non-interest income was $2.09 billion, up from $1.55 billion 12 months ago.\nAnalysts had forecast net interest income of $2.56 billion and non-interest income of $1.87 billion.\nPNC provisioned $302 million for credit losses in the latest quarter. PNC's legacy provision recapture of $704 million was more than offset by an initial provision of $1 billion related to the bank's acquisition of BBVA. In last year's second quarter, the bank had provisioned $2.46 billion amid the worsening coronavirus pandemic and its effects on the economy.\nLoans grew to $294.7 billion, after finishing the first quarter at $237 billion. Deposits grew to $452.9 billion, from $375.1 billion at the end of the first quarter. The allowance for credit losses stood at 2.16% of total loans.\nPNC's net interest margin was 2.29%, down from 2.52% a year earlier\nPNC shares fell 1.79% in premarket.","news_type":1},"isVote":1,"tweetType":1,"viewCount":31,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805784809,"gmtCreate":1627907345401,"gmtModify":1703497602223,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Gooo","listText":"Gooo","text":"Gooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/805784809","repostId":"1185351444","repostType":4,"repost":{"id":"1185351444","kind":"news","pubTimestamp":1627907062,"share":"https://ttm.financial/m/news/1185351444?lang=&edition=fundamental","pubTime":"2021-08-02 20:24","market":"hk","language":"en","title":"Huarong Moves to Restructure, Exit Units in Downsizing Push","url":"https://stock-news.laohu8.com/highlight/detail?id=1185351444","media":"Bloomberg","summary":"Bad-debt manager’s bonds have tumbled on default fears.\nHuarong is looking to downsize to shore up i","content":"<ul>\n <li>Bad-debt manager’s bonds have tumbled on default fears.</li>\n <li>Huarong is looking to downsize to shore up its finances.</li>\n</ul>\n<p><i>Sign up for Next China, a weekly email on where the nation stands now and where it's going next.</i></p>\n<p>China Huarong Asset Management Co., the country’s bad-debt manager that has roiled markets with doubts about its future, will exit one unit and restructure another to focus on its core businesses as it seeks to shore up its finances.</p>\n<p>Huarong plans a public transfer of its 70% equity in Huarong Consumer Finance to external parties, it said in a Hong Kong stock exchange PROPOSED IMPLEMENTATION OF HUARONG\" class=\"terminal-news-story\" target=\"_blank\" style=\"background-color: transparent; margin: 0px; padding: 0px; border-width: 0px 0px 1px; border-top-style: initial; border-right-style: initial; border-bottom-style: dotted; border-left-style: initial; border-top-color: initial; border-right-color: initial; border-bottom-color: rgb(0, 0, 0); border-left-color: initial; border-image: initial; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 18px; line-height: inherit; font-family: inherit; vertical-align: baseline; overflow-wrap: break-word; color: rgb(0, 0, 0); text-decoration: none;\">filingon Monday. The state-owned company also intends to negotiate with the main institutional creditors of Huarong Trust’s outstanding debt to complete a “debt-to-equity swap and equity transfer”, it said.</p>\n<p>Huarong’s shares have been suspended since it missed a deadline to report 2020 results at the end of March, kicking off big swings in the company’s bonds and speculation about its future. The embattled conglomerate has been looking tosell nearly allof its units outside of distressed debt as part of a government-approved downsizing plan to bolster its finances, people familiar with the matter have said. Huarong is viewed as an important test of Beijing’s willingness to backstop government-owned borrowers amid a record wave of defaults.</p>\n<p>The ruling Communist Party has long put a premium on financial stability, but it also increasingly wants to improve the pricing of risk in local credit markets and wean investors off the assumption that overextended companies will always be bailed out.</p>\n<p>The moves are intended to meet regulatory requirements on gradually exiting non-core businesses, according to the filing. The initial listing price of the 630,000 shares it holds in Huarong Consumer Finance shall not be lower than the asset valuation results filed with the Ministry of Finance of the People’s Republic of China, Huarong added.</p>\n<p>Huarong’s board also proposed changing the use of about HK$3 billion ($386 million) of proceeds raised from its 2015 initial public offering to provide capital contribution and fund support to major subsidiaries, according to a separate statement.</p>\n<p>Shareholders will vote on the proposals at an extraordinary general meeting Aug. 17.</p>\n<p>Huarong is expected to announce its overdue 2020 financial results before the end of this month, people familiar have said. The company has continued to repay maturing notes on time and reached agreements with state-owned banks to ensure it can meet obligations through at least the end of August.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Huarong Moves to Restructure, Exit Units in Downsizing Push</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\">\nHuarong Moves to Restructure, Exit Units in Downsizing Push\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-02 20:24 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-08-02/huarong-to-exit-restructure-two-units-to-focus-on-core-business><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bad-debt manager’s bonds have tumbled on default fears.\nHuarong is looking to downsize to shore up its finances.\n\nSign up for Next China, a weekly email on where the nation stands now and where it's ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-02/huarong-to-exit-restructure-two-units-to-focus-on-core-business\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"02799":"中信金融资产"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-02/huarong-to-exit-restructure-two-units-to-focus-on-core-business","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185351444","content_text":"Bad-debt manager’s bonds have tumbled on default fears.\nHuarong is looking to downsize to shore up its finances.\n\nSign up for Next China, a weekly email on where the nation stands now and where it's going next.\nChina Huarong Asset Management Co., the country’s bad-debt manager that has roiled markets with doubts about its future, will exit one unit and restructure another to focus on its core businesses as it seeks to shore up its finances.\nHuarong plans a public transfer of its 70% equity in Huarong Consumer Finance to external parties, it said in a Hong Kong stock exchange PROPOSED IMPLEMENTATION OF HUARONG\" class=\"terminal-news-story\" target=\"_blank\" style=\"background-color: transparent; margin: 0px; padding: 0px; border-width: 0px 0px 1px; border-top-style: initial; border-right-style: initial; border-bottom-style: dotted; border-left-style: initial; border-top-color: initial; border-right-color: initial; border-bottom-color: rgb(0, 0, 0); border-left-color: initial; border-image: initial; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 18px; line-height: inherit; font-family: inherit; vertical-align: baseline; overflow-wrap: break-word; color: rgb(0, 0, 0); text-decoration: none;\">filingon Monday. The state-owned company also intends to negotiate with the main institutional creditors of Huarong Trust’s outstanding debt to complete a “debt-to-equity swap and equity transfer”, it said.\nHuarong’s shares have been suspended since it missed a deadline to report 2020 results at the end of March, kicking off big swings in the company’s bonds and speculation about its future. The embattled conglomerate has been looking tosell nearly allof its units outside of distressed debt as part of a government-approved downsizing plan to bolster its finances, people familiar with the matter have said. Huarong is viewed as an important test of Beijing’s willingness to backstop government-owned borrowers amid a record wave of defaults.\nThe ruling Communist Party has long put a premium on financial stability, but it also increasingly wants to improve the pricing of risk in local credit markets and wean investors off the assumption that overextended companies will always be bailed out.\nThe moves are intended to meet regulatory requirements on gradually exiting non-core businesses, according to the filing. The initial listing price of the 630,000 shares it holds in Huarong Consumer Finance shall not be lower than the asset valuation results filed with the Ministry of Finance of the People’s Republic of China, Huarong added.\nHuarong’s board also proposed changing the use of about HK$3 billion ($386 million) of proceeds raised from its 2015 initial public offering to provide capital contribution and fund support to major subsidiaries, according to a separate statement.\nShareholders will vote on the proposals at an extraordinary general meeting Aug. 17.\nHuarong is expected to announce its overdue 2020 financial results before the end of this month, people familiar have said. The company has continued to repay maturing notes on time and reached agreements with state-owned banks to ensure it can meet obligations through at least the end of August.","news_type":1},"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144338352,"gmtCreate":1626266967276,"gmtModify":1703756657521,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/144338352","repostId":"2151435516","repostType":4,"repost":{"id":"2151435516","kind":"highlight","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":1626263796,"share":"https://ttm.financial/m/news/2151435516?lang=&edition=fundamental","pubTime":"2021-07-14 19:56","market":"hk","language":"en","title":"Alibaba, Tencent mull over opening up services to each other - WSJ","url":"https://stock-news.laohu8.com/highlight/detail?id=2151435516","media":"Reuters","summary":"July 14 (Reuters) - China's two online giants Alibaba Group Holding Ltd and Tencent Holdings Ltd are","content":"<p>July 14 (Reuters) - China's two online giants Alibaba Group Holding Ltd and Tencent Holdings Ltd are gradually considering opening up their services to each other, according to a Wall Street Journal report on Wednesday.</p>\n<p>It comes days after China's crackdown on a number of technology companies with overseas listings including Didi Chuxing, Tencent and Alibaba.</p>\n<p>Both Alibaba and Tencent are working on new plans separately to loosen up restrictions including introducing Tencent's WeChat Pay to Alibaba's e-commerce marketplaces, Taobao and Tmall, the WSJ report added, citing people familiar with the matter.</p>\n<p>Alibaba did not immediately respond to a request for comment while Tencent could not be immediately reached.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba, Tencent mull over opening up services to each other - WSJ</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, Tencent mull over opening up services to each other - WSJ\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\">2021-07-14 19:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>July 14 (Reuters) - China's two online giants Alibaba Group Holding Ltd and Tencent Holdings Ltd are gradually considering opening up their services to each other, according to a Wall Street Journal report on Wednesday.</p>\n<p>It comes days after China's crackdown on a number of technology companies with overseas listings including Didi Chuxing, Tencent and Alibaba.</p>\n<p>Both Alibaba and Tencent are working on new plans separately to loosen up restrictions including introducing Tencent's WeChat Pay to Alibaba's e-commerce marketplaces, Taobao and Tmall, the WSJ report added, citing people familiar with the matter.</p>\n<p>Alibaba did not immediately respond to a request for comment while Tencent could not be immediately reached.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TCEHY":"腾讯控股ADR","09988":"阿里巴巴-W","QNETCN":"纳斯达克中美互联网老虎指数","BABA":"阿里巴巴","00700":"腾讯控股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151435516","content_text":"July 14 (Reuters) - China's two online giants Alibaba Group Holding Ltd and Tencent Holdings Ltd are gradually considering opening up their services to each other, according to a Wall Street Journal report on Wednesday.\nIt comes days after China's crackdown on a number of technology companies with overseas listings including Didi Chuxing, Tencent and Alibaba.\nBoth Alibaba and Tencent are working on new plans separately to loosen up restrictions including introducing Tencent's WeChat Pay to Alibaba's e-commerce marketplaces, Taobao and Tmall, the WSJ report added, citing people familiar with the matter.\nAlibaba did not immediately respond to a request for comment while Tencent could not be immediately reached.","news_type":1},"isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931208315,"gmtCreate":1662461156537,"gmtModify":1676537064969,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931208315","repostId":"2265058050","repostType":2,"repost":{"id":"2265058050","kind":"highlight","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":1662454463,"share":"https://ttm.financial/m/news/2265058050?lang=&edition=fundamental","pubTime":"2022-09-06 16:54","market":"us","language":"en","title":"Tech Workers Left Hanging As Sea E-Commerce Arm Shopee Rescinds Job Offers","url":"https://stock-news.laohu8.com/highlight/detail?id=2265058050","media":"Reuters","summary":"Southeast Asia's largest e-commerce firm Shopee has rescinded dozens of job offers in the past two w","content":"<html><head></head><body><p>Southeast Asia's largest e-commerce firm Shopee has rescinded dozens of job offers in the past two weeks, sources said, a move that began shortly after parent company <a href=\"https://laohu8.com/S/SE\">Sea Ltd</a> reported widening losses and sharply slower revenue growth.</p><p>Four people interviewed by Reuters who have participated in a WeChat group of some 60 people that was set up to discuss Shopee's withdrawal of offers said their offers were pulled just days before they were due to begin work.</p><p>One 27-year-old engineer who asked that only his first name Wang be used said his call came a week after arriving in Singapore, having quit a job in Shanghai with TikTok owner Bytedance.</p><p>"I thought it was a scam call ... until I realised it was a widespread rescinding of offers by Shopee," said Wang, who had by then paid an advance to rent a house.</p><p>Singapore-based Sea said it had recently cancelled some offers at Shopee but declined to say how many.</p><p>"Due to adjustments to hiring plans on some tech teams, a number of roles at Shopee are no longer available. We are working closely to support those affected," a company representative said.</p><p>The move follows other recent job cuts at Sea. Staff at Booyah!, a gaming livestream app, which is part of Sea's gaming unit Garena, were told they would be let go and the app would no longer be updated, separate sources have told Reuters, adding that projects at Sea's development unit were also shut down.</p><p>Earlier this year, media reports also said Shopee had shed headcount in Southeast Asia, Mexico and Latin America. Shopee declined to comment on those reports.</p><p><b>PESSIMISTIC TONE</b></p><p>As recently as March, Sea said it would continue to invest in Shopee, which competes with Alibaba Group Holding's Southeast Asian arm Lazada, and that growth for the unit remained at the top of its mind.</p><p>But last month, Sea withdrew its e-commerce forecast for the year. Founder and CEO Forrest Li noted an increasingly uncertain market environment and stressed the need to prioritise profitability and efficiency. Sea reported a net loss of $931 million in the second quarter, more than double the loss it made in the same period a year earlier.</p><p>"Their tone has never been more pessimistic," said Ke Yan, lead analyst at Singapore-based DZT Research, who added that Sea's strategy of using Garena's cash flow to compensate for Shopee's cash burn was unsustainable.</p><p>Sea's handling of the layoffs was "ugly and embarrassing" and likely to hurt its reputation, he said.</p><p>Sea saw its market value soar to more than $200 billion last October as its Garena unit surged in popularity during the pandemic but its shares have tumbled since then and are now worth just $27 billion.</p><p>Singapore's Ministry of Manpower said relevant authorities were aware of complaints about Shopee and it was in touch with the company to find out more, but it also said in such situations the parties should work out an amicable solution in good faith.</p><p>The four people interviewed by Reuters said that as compensation Shopee has offered a month's salary and in cases where people have flown from abroad, it will reimburse the cost of flight tickets and temporary accommodation.</p><p>While the potential for legal action has been discussed in the WeChat Group, those left hanging by Shopee are most concerned with finding new work.</p><p>"The cost of taking legal action is too high. I just want to move on and find a new job," said <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the four people interviewed by Reuters who declined to be identified.</p><p>For his part, Wang wants to continue his job search in Singapore.</p><p>"The cost of returning to China is too huge, it is very hard to find a new job given the economic situation there," he said.</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>Tech Workers Left Hanging As Sea E-Commerce Arm Shopee Rescinds Job Offers</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\">\nTech Workers Left Hanging As Sea E-Commerce Arm Shopee Rescinds Job Offers\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\">2022-09-06 16:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Southeast Asia's largest e-commerce firm Shopee has rescinded dozens of job offers in the past two weeks, sources said, a move that began shortly after parent company <a href=\"https://laohu8.com/S/SE\">Sea Ltd</a> reported widening losses and sharply slower revenue growth.</p><p>Four people interviewed by Reuters who have participated in a WeChat group of some 60 people that was set up to discuss Shopee's withdrawal of offers said their offers were pulled just days before they were due to begin work.</p><p>One 27-year-old engineer who asked that only his first name Wang be used said his call came a week after arriving in Singapore, having quit a job in Shanghai with TikTok owner Bytedance.</p><p>"I thought it was a scam call ... until I realised it was a widespread rescinding of offers by Shopee," said Wang, who had by then paid an advance to rent a house.</p><p>Singapore-based Sea said it had recently cancelled some offers at Shopee but declined to say how many.</p><p>"Due to adjustments to hiring plans on some tech teams, a number of roles at Shopee are no longer available. We are working closely to support those affected," a company representative said.</p><p>The move follows other recent job cuts at Sea. Staff at Booyah!, a gaming livestream app, which is part of Sea's gaming unit Garena, were told they would be let go and the app would no longer be updated, separate sources have told Reuters, adding that projects at Sea's development unit were also shut down.</p><p>Earlier this year, media reports also said Shopee had shed headcount in Southeast Asia, Mexico and Latin America. Shopee declined to comment on those reports.</p><p><b>PESSIMISTIC TONE</b></p><p>As recently as March, Sea said it would continue to invest in Shopee, which competes with Alibaba Group Holding's Southeast Asian arm Lazada, and that growth for the unit remained at the top of its mind.</p><p>But last month, Sea withdrew its e-commerce forecast for the year. Founder and CEO Forrest Li noted an increasingly uncertain market environment and stressed the need to prioritise profitability and efficiency. Sea reported a net loss of $931 million in the second quarter, more than double the loss it made in the same period a year earlier.</p><p>"Their tone has never been more pessimistic," said Ke Yan, lead analyst at Singapore-based DZT Research, who added that Sea's strategy of using Garena's cash flow to compensate for Shopee's cash burn was unsustainable.</p><p>Sea's handling of the layoffs was "ugly and embarrassing" and likely to hurt its reputation, he said.</p><p>Sea saw its market value soar to more than $200 billion last October as its Garena unit surged in popularity during the pandemic but its shares have tumbled since then and are now worth just $27 billion.</p><p>Singapore's Ministry of Manpower said relevant authorities were aware of complaints about Shopee and it was in touch with the company to find out more, but it also said in such situations the parties should work out an amicable solution in good faith.</p><p>The four people interviewed by Reuters said that as compensation Shopee has offered a month's salary and in cases where people have flown from abroad, it will reimburse the cost of flight tickets and temporary accommodation.</p><p>While the potential for legal action has been discussed in the WeChat Group, those left hanging by Shopee are most concerned with finding new work.</p><p>"The cost of taking legal action is too high. I just want to move on and find a new job," said <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the four people interviewed by Reuters who declined to be identified.</p><p>For his part, Wang wants to continue his job search in Singapore.</p><p>"The cost of returning to China is too huge, it is very hard to find a new job given the economic situation there," he said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2265058050","content_text":"Southeast Asia's largest e-commerce firm Shopee has rescinded dozens of job offers in the past two weeks, sources said, a move that began shortly after parent company Sea Ltd reported widening losses and sharply slower revenue growth.Four people interviewed by Reuters who have participated in a WeChat group of some 60 people that was set up to discuss Shopee's withdrawal of offers said their offers were pulled just days before they were due to begin work.One 27-year-old engineer who asked that only his first name Wang be used said his call came a week after arriving in Singapore, having quit a job in Shanghai with TikTok owner Bytedance.\"I thought it was a scam call ... until I realised it was a widespread rescinding of offers by Shopee,\" said Wang, who had by then paid an advance to rent a house.Singapore-based Sea said it had recently cancelled some offers at Shopee but declined to say how many.\"Due to adjustments to hiring plans on some tech teams, a number of roles at Shopee are no longer available. We are working closely to support those affected,\" a company representative said.The move follows other recent job cuts at Sea. Staff at Booyah!, a gaming livestream app, which is part of Sea's gaming unit Garena, were told they would be let go and the app would no longer be updated, separate sources have told Reuters, adding that projects at Sea's development unit were also shut down.Earlier this year, media reports also said Shopee had shed headcount in Southeast Asia, Mexico and Latin America. Shopee declined to comment on those reports.PESSIMISTIC TONEAs recently as March, Sea said it would continue to invest in Shopee, which competes with Alibaba Group Holding's Southeast Asian arm Lazada, and that growth for the unit remained at the top of its mind.But last month, Sea withdrew its e-commerce forecast for the year. Founder and CEO Forrest Li noted an increasingly uncertain market environment and stressed the need to prioritise profitability and efficiency. Sea reported a net loss of $931 million in the second quarter, more than double the loss it made in the same period a year earlier.\"Their tone has never been more pessimistic,\" said Ke Yan, lead analyst at Singapore-based DZT Research, who added that Sea's strategy of using Garena's cash flow to compensate for Shopee's cash burn was unsustainable.Sea's handling of the layoffs was \"ugly and embarrassing\" and likely to hurt its reputation, he said.Sea saw its market value soar to more than $200 billion last October as its Garena unit surged in popularity during the pandemic but its shares have tumbled since then and are now worth just $27 billion.Singapore's Ministry of Manpower said relevant authorities were aware of complaints about Shopee and it was in touch with the company to find out more, but it also said in such situations the parties should work out an amicable solution in good faith.The four people interviewed by Reuters said that as compensation Shopee has offered a month's salary and in cases where people have flown from abroad, it will reimburse the cost of flight tickets and temporary accommodation.While the potential for legal action has been discussed in the WeChat Group, those left hanging by Shopee are most concerned with finding new work.\"The cost of taking legal action is too high. I just want to move on and find a new job,\" said one of the four people interviewed by Reuters who declined to be identified.For his part, Wang wants to continue his job search in Singapore.\"The cost of returning to China is too huge, it is very hard to find a new job given the economic situation there,\" he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":669,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9903147613,"gmtCreate":1658991902332,"gmtModify":1676536240856,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9903147613","repostId":"2254385381","repostType":4,"repost":{"id":"2254385381","kind":"highlight","pubTimestamp":1658980821,"share":"https://ttm.financial/m/news/2254385381?lang=&edition=fundamental","pubTime":"2022-07-28 12:00","market":"us","language":"en","title":"U.S. Consumers Are \"Trading Down.\" How to Play It With Options","url":"https://stock-news.laohu8.com/highlight/detail?id=2254385381","media":"Barrons","summary":"American consumers, one of the greatest economic forces in the history of the world, are nervous.Inv","content":"<html><head></head><body><p>American consumers, one of the greatest economic forces in the history of the world, are nervous.</p><p>Investors may be debating whether the economy will fall into a recession as the Federal Reserve normalizes interest rates, but consumers aren’t waiting for an answer. They are changing buying behaviors and trying to save money.</p><p>At the grocery store—a place where inflation is pushing prices sharply higher for everything—store-brand goods are suddenly popular. The same is true for off-brand booze and tobacco.</p><p>This behavioral shift was last seen during the 2008-09 financial crisis. Back then, the “trading down” phenomenon was first spotted when people stopped going to restaurants. They ate at home to save money. Rather than buying rib-eye steaks, they bought skirt steak or chicken to save money. When white-meat chicken became expensive, they shifted to dark meat.</p><p>It is unclear how much of this nascent shift in consumer behavior is priced into stocks or even recognized by investors.</p><p>Many retail stocks are vulnerable and weak. While most everyone knows it’s a great time to get a great deal on outdoor patio furniture, it’s not exactly clear how demand destruction might be rippling through the economy. High gasoline prices are painful in a country that relies on cars and trucks for transportation.</p><p>To get ahead of the trading-down phenomenon, investors could consider a “put-spread collar”— that is,buying a put option and selling another put with the same expiration but a lower strike price, as well as selling a call option—on the Consumer Discretionary Select Sector SPDR exchange-traded fund (ticker: XLY). The ETF comprises a mishmash of companies—including Lowe’s (LOW) and Tesla (TSLA)—that make their money selling stuff people want but don’t always need.</p><p>The ETF’s performance this year has been abysmal. After rallying for the past few weeks, it seems to be struggling to find support. The technical chart shows the stock is curling lower and preparing to give back some, or all, of the 16% rally it has enjoyed since mid-June.</p><p>Aggressive investors are trying to profit off the bearish trading pattern, but it’s worth considering a longer view, too. Should the U.S. economy slow as the Fed raises rates—some companies are warning that they might have to right-size workforces like retailers have right-sized inventory—retail spending could suffer.</p><p>With the ETF at $148.48, investors could consider buying the January $145 put and selling the January $135 put, as well as selling the January $170 call option.</p><p>The put-spread collar is a bearish bet that benefits if the ETF declines to $135. The call sale offsets the cost of the put spread, but if the ETF rallies rather than declines—say, because gas prices sharply decline or consumers will let nothing interfere with their consumption—the call will increase in value. In that event, investors will wish they had not sold it to finance the trade.</p><p>The strategy generates a credit of $1.20. The put-spread collar is worth a maximum of $11.20 if the ETF is at $135 at expiration. During the past 52 weeks, it has ranged from $133.04 to $215.06.</p><p>The January expiration covers the important back-to-school and Christmas shopping seasons, three meetings of the Fed’s rate-setting committee, and countless economic reports. Investors are increasingly using economic data to refine decisions, and it will figure prominently into determinations if the U.S. economy is down and out or just trading down.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Consumers Are \"Trading Down.\" How to Play It With Options</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\">\nU.S. Consumers Are \"Trading Down.\" How to Play It With Options\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-28 12:00 GMT+8 <a href=https://www.barrons.com/articles/us-consumers-economy-stock-options-51658890005><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>American consumers, one of the greatest economic forces in the history of the world, are nervous.Investors may be debating whether the economy will fall into a recession as the Federal Reserve ...</p>\n\n<a href=\"https://www.barrons.com/articles/us-consumers-economy-stock-options-51658890005\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HD":"家得宝","LOW":"劳氏","BBY":"百思买","WMT":"沃尔玛","M":"梅西百货","TSLA":"特斯拉","ROST":"罗斯百货有限公司","TGT":"塔吉特","COST":"好市多","XLY":"消费品指数ETF-SPDR可选消费品"},"source_url":"https://www.barrons.com/articles/us-consumers-economy-stock-options-51658890005","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2254385381","content_text":"American consumers, one of the greatest economic forces in the history of the world, are nervous.Investors may be debating whether the economy will fall into a recession as the Federal Reserve normalizes interest rates, but consumers aren’t waiting for an answer. They are changing buying behaviors and trying to save money.At the grocery store—a place where inflation is pushing prices sharply higher for everything—store-brand goods are suddenly popular. The same is true for off-brand booze and tobacco.This behavioral shift was last seen during the 2008-09 financial crisis. Back then, the “trading down” phenomenon was first spotted when people stopped going to restaurants. They ate at home to save money. Rather than buying rib-eye steaks, they bought skirt steak or chicken to save money. When white-meat chicken became expensive, they shifted to dark meat.It is unclear how much of this nascent shift in consumer behavior is priced into stocks or even recognized by investors.Many retail stocks are vulnerable and weak. While most everyone knows it’s a great time to get a great deal on outdoor patio furniture, it’s not exactly clear how demand destruction might be rippling through the economy. High gasoline prices are painful in a country that relies on cars and trucks for transportation.To get ahead of the trading-down phenomenon, investors could consider a “put-spread collar”— that is,buying a put option and selling another put with the same expiration but a lower strike price, as well as selling a call option—on the Consumer Discretionary Select Sector SPDR exchange-traded fund (ticker: XLY). The ETF comprises a mishmash of companies—including Lowe’s (LOW) and Tesla (TSLA)—that make their money selling stuff people want but don’t always need.The ETF’s performance this year has been abysmal. After rallying for the past few weeks, it seems to be struggling to find support. The technical chart shows the stock is curling lower and preparing to give back some, or all, of the 16% rally it has enjoyed since mid-June.Aggressive investors are trying to profit off the bearish trading pattern, but it’s worth considering a longer view, too. Should the U.S. economy slow as the Fed raises rates—some companies are warning that they might have to right-size workforces like retailers have right-sized inventory—retail spending could suffer.With the ETF at $148.48, investors could consider buying the January $145 put and selling the January $135 put, as well as selling the January $170 call option.The put-spread collar is a bearish bet that benefits if the ETF declines to $135. The call sale offsets the cost of the put spread, but if the ETF rallies rather than declines—say, because gas prices sharply decline or consumers will let nothing interfere with their consumption—the call will increase in value. In that event, investors will wish they had not sold it to finance the trade.The strategy generates a credit of $1.20. The put-spread collar is worth a maximum of $11.20 if the ETF is at $135 at expiration. During the past 52 weeks, it has ranged from $133.04 to $215.06.The January expiration covers the important back-to-school and Christmas shopping seasons, three meetings of the Fed’s rate-setting committee, and countless economic reports. Investors are increasingly using economic data to refine decisions, and it will figure prominently into determinations if the U.S. economy is down and out or just trading down.","news_type":1},"isVote":1,"tweetType":1,"viewCount":714,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881195133,"gmtCreate":1631315026322,"gmtModify":1676530524929,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"Good info","listText":"Good info","text":"Good info","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/881195133","repostId":"1172893314","repostType":4,"repost":{"id":"1172893314","kind":"news","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":1631283738,"share":"https://ttm.financial/m/news/1172893314?lang=&edition=fundamental","pubTime":"2021-09-10 22:22","market":"us","language":"en","title":"Tech stocks, emerging market debt see inflows on \"stagflation\" bets","url":"https://stock-news.laohu8.com/highlight/detail?id=1172893314","media":"Reuters","summary":"LONDON (Reuters) - Investors rushed to scoop up emerging market debt and technology shares in the we","content":"<p>LONDON (Reuters) - Investors rushed to scoop up emerging market debt and technology shares in the week to Wednesday, BofA Securities said in a weekly note, with the U.S. investment bank’s own private clients boosting their equity allocations to a record high.</p>\n<p>Equity funds pulled in $12.7 billion while bond fundsattracted $12.6 billion, BofA found, citing EPFR data. Cash was also surprisingly in demand with inflows at a five-week high at $15.2 billion.</p>\n<p>Real estate investment trusts, seen as providing high but sustainable returns, benefited from an overall macroeconomic picture marked by slowing growth and rising inflation, enjoying their biggest inflow in 2-1/2 years at $1.8 billion.</p>\n<p>And even though private clients boosted their equity allocations to a record high of 65.3% at the expense of bonds and cash, their asset allocation has tilted towards bank loans, inflation protected securities and utility shares.</p>\n<p>Financial stocks were hit by a $2 billion outflow, and clients pulled $200 million out of gold.</p>\n<p>“The macro backdrop is higher inflation, hawkish central banks, weaker growth which means stagflation,” analysts led by Michael Hartnett at the bank said in a note.</p>\n<p>BofA said the flood of cheap central bank money sloshing in financial markets is set to slow. It expects bond purchases by global central banks to fall to $0.3 trillion in 2022, a fraction of $2.3 trillion in 2021.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tech stocks, emerging market debt see inflows on \"stagflation\" bets</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\">\nTech stocks, emerging market debt see inflows on \"stagflation\" bets\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\">2021-09-10 22:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>LONDON (Reuters) - Investors rushed to scoop up emerging market debt and technology shares in the week to Wednesday, BofA Securities said in a weekly note, with the U.S. investment bank’s own private clients boosting their equity allocations to a record high.</p>\n<p>Equity funds pulled in $12.7 billion while bond fundsattracted $12.6 billion, BofA found, citing EPFR data. Cash was also surprisingly in demand with inflows at a five-week high at $15.2 billion.</p>\n<p>Real estate investment trusts, seen as providing high but sustainable returns, benefited from an overall macroeconomic picture marked by slowing growth and rising inflation, enjoying their biggest inflow in 2-1/2 years at $1.8 billion.</p>\n<p>And even though private clients boosted their equity allocations to a record high of 65.3% at the expense of bonds and cash, their asset allocation has tilted towards bank loans, inflation protected securities and utility shares.</p>\n<p>Financial stocks were hit by a $2 billion outflow, and clients pulled $200 million out of gold.</p>\n<p>“The macro backdrop is higher inflation, hawkish central banks, weaker growth which means stagflation,” analysts led by Michael Hartnett at the bank said in a note.</p>\n<p>BofA said the flood of cheap central bank money sloshing in financial markets is set to slow. It expects bond purchases by global central banks to fall to $0.3 trillion in 2022, a fraction of $2.3 trillion in 2021.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172893314","content_text":"LONDON (Reuters) - Investors rushed to scoop up emerging market debt and technology shares in the week to Wednesday, BofA Securities said in a weekly note, with the U.S. investment bank’s own private clients boosting their equity allocations to a record high.\nEquity funds pulled in $12.7 billion while bond fundsattracted $12.6 billion, BofA found, citing EPFR data. Cash was also surprisingly in demand with inflows at a five-week high at $15.2 billion.\nReal estate investment trusts, seen as providing high but sustainable returns, benefited from an overall macroeconomic picture marked by slowing growth and rising inflation, enjoying their biggest inflow in 2-1/2 years at $1.8 billion.\nAnd even though private clients boosted their equity allocations to a record high of 65.3% at the expense of bonds and cash, their asset allocation has tilted towards bank loans, inflation protected securities and utility shares.\nFinancial stocks were hit by a $2 billion outflow, and clients pulled $200 million out of gold.\n“The macro backdrop is higher inflation, hawkish central banks, weaker growth which means stagflation,” analysts led by Michael Hartnett at the bank said in a note.\nBofA said the flood of cheap central bank money sloshing in financial markets is set to slow. It expects bond purchases by global central banks to fall to $0.3 trillion in 2022, a fraction of $2.3 trillion in 2021.","news_type":1},"isVote":1,"tweetType":1,"viewCount":32,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943596162,"gmtCreate":1679535451457,"gmtModify":1679535455692,"author":{"id":"3576272850907921","authorId":"3576272850907921","name":"Kai85","avatar":"https://static.tigerbbs.com/891461910f6ea77967581c6a3a889860","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576272850907921","authorIdStr":"3576272850907921"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943596162","repostId":"9943506977","repostType":1,"repost":{"id":9943506977,"gmtCreate":1679530083600,"gmtModify":1679534168449,"author":{"id":"4122121159727852","authorId":"4122121159727852","name":"AllQuant","avatar":"https://community-static.tradeup.com/news/8b0bfa11a8e0dd31b75ad1b14e96ff5b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4122121159727852","authorIdStr":"4122121159727852"},"themes":[],"htmlText":"With the latest 25bp hike, the gap between CPI and Fed Funds Rate has become negligible. Note that Mar CPI is based on Fed's Nowcast. Actual CPI to be confirmed next month.<a target=\"_blank\" href=\"https://ttm.financial/S/SPY\">$SPDR S&P 500 ETF Trust(SPY)$ </a><a target=\"_blank\" href=\"https://ttm.financial/S/TLT\">$iShares 20+ Year Treasury Bond ETF(TLT)$ </a><a target=\"_blank\" href=\"https://ttm.financial/S/GLD\">$SPDR Gold Shares(GLD)$ </a>","listText":"With the latest 25bp hike, the gap between CPI and Fed Funds Rate has become negligible. Note that Mar CPI is based on Fed's Nowcast. Actual CPI to be confirmed next month.<a target=\"_blank\" href=\"https://ttm.financial/S/SPY\">$SPDR S&P 500 ETF Trust(SPY)$ </a><a target=\"_blank\" href=\"https://ttm.financial/S/TLT\">$iShares 20+ Year Treasury Bond ETF(TLT)$ </a><a target=\"_blank\" href=\"https://ttm.financial/S/GLD\">$SPDR Gold Shares(GLD)$ </a>","text":"With the latest 25bp hike, the gap between CPI and Fed Funds Rate has become negligible. Note that Mar CPI is based on Fed's Nowcast. Actual CPI to be confirmed next month.$SPDR S&P 500 ETF Trust(SPY)$ $iShares 20+ Year Treasury Bond ETF(TLT)$ $SPDR Gold Shares(GLD)$","images":[{"img":"https://community-static.tradeup.com/news/70b50cd1a6b701df8cbddca8606c82a0","width":"909","height":"660"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943506977","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":491,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}