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YJJJJ

YJJJJ

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2021-07-22

Another drop?

Why the S&P 500 could be poised for a 5% drop -- or even more this summer

2021-07-22

Xpeng seems to raise alot alot

Xpeng's Hong Kong shares hit new high on joining Hang Seng indexes

2021-07-22

$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$Wow increase after a week of low

2021-07-20

$CapLand IntCom T(C38U.SI)$drop cos of covidcase baa

2021-07-19

Ohnooo

AMC fell nearly 9% in morning trading

2021-07-19

$DJIA(.DJI)$Correction?

2021-07-19

Why dipppp

Morgan Stanley: This Cycle Will Be "Hotter But Shorter" Than Usual

2021-07-19

$CapLand IntCom T(C38U.SI)$why

2021-07-16

China?

Sorry, the original content has been removed

2021-07-16

Jiayous

2021-07-14

$AMC Entertainment(AMC)$Everyday i see amc price drop by $2-3, how long can the price drop

2021-07-14

$CapLand IntCom T(C38U.SI)$Why drop

2021-07-13

$JD LOGISTICS(02618)$:(

2021-07-12

$AMC Entertainment(AMC)$why its dropping agn worrrr

2021-07-12

Interesting

A Stock Market Crash Is Coming: 3 Top Stocks to Buy When It Happens

2021-07-12

Wow

Sorry, the original content has been removed

2021-07-09

$AMC Entertainment(AMC)$Stay! Woohoo

2021-07-09

Buy at dip

Sorry, the original content has been removed

2021-07-09

$AMC Entertainment(AMC)$Yay! Lucky did not sold and ita giving me a surprise always!

2021-07-09

Welldone

Go to Tiger App to see more news

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drop?","listText":"Another drop?","text":"Another drop?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/172831953","repostId":"2153408396","repostType":4,"repost":{"id":"2153408396","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":1626946680,"share":"https://www.laohu8.com/m/news/2153408396?lang=&edition=full","pubTime":"2021-07-22 17:38","market":"us","language":"en","title":"Why the S&P 500 could be poised for a 5% drop -- or even more this summer","url":"https://stock-news.laohu8.com/highlight/detail?id=2153408396","media":"Dow Jones","summary":"Monday's market rout could serve as a good reminder that, yes, stocks can stumble when they trade ne","content":"<p>Monday's market rout could serve as a good reminder that, yes, stocks can stumble when they trade near record territory.</p>\n<p>While the downward pressure on stocks, this time, has been fleeting, that doesn't necessarily mean the end of volatility for markets this summer, said Ryan Detrick, chief market strategist at LPL Financial, in a Wednesday note.</p>\n<p>\"From less stocks participating, to weak seasonality, to a lack of bears, to typical choppiness during year two of a bull market, the summer months could be ripe for an eventual pullback (down 5-9%) or even a 10% correction,\" Detrick wrote.</p>\n<p>Those were among the \"many reasons\" why after a more than 90% rally, he thinks the S&amp;P 500 index \"could finally be ready for a break,\" particularly when it comes to the often difficult months of August and September.</p>\n<p>This chart shows average monthly returns for the S&amp;P 500 in August and September, since 1950, have been largely negative, when looking over different stretches of time.</p>\n<p>The study includes the modern S&amp;P 500 index, launched in 1957, but also performance of the S&amp;P 90, its predecessor index.</p>\n<p>Historically, the chart also shows that April, July and November tend to be the best months for S&amp;P 500 returns.</p>\n<p>But despite a bruising Monday, the S&amp;P 500 was up 0.7% on the week through Wednesday, while the Dow Jones Industrial Average was 0.3% higher for the same stretch, as investors snapped up beaten down shares in the energy <a href=\"https://laohu8.com/S/XLE\">$(XLE)$</a> and financial <a href=\"https://laohu8.com/S/XLF\">$(XLF)$</a> sectors.</p>\n<p>Read: What junk bonds are signaling for this summer after Monday's sharp rout</p>\n<p>\"Incredibly, we haven't seen as much as a 5% pullback since October,\" Detrick said, while pointing out the average year since 1950 has recorded three separate S&amp;P 500 retreats of 5% or more, \"with not a single <a href=\"https://laohu8.com/S/AONE.U\">one</a> happening yet in 2021.\"</p>\n<p>\"This doesn't mean a 5% correction is directly around the corner, but note that most stocks are actually already down as much as 10% off their recent highs, suggesting the internals of the market are a tad weak and risk is higher than normal.\"</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 S&P 500 could be poised for a 5% drop -- or even more this summer</title>\n<style 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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 S&P 500 could be poised for a 5% drop -- or even more this summer\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\">2021-07-22 17:38</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Monday's market rout could serve as a good reminder that, yes, stocks can stumble when they trade near record territory.</p>\n<p>While the downward pressure on stocks, this time, has been fleeting, that doesn't necessarily mean the end of volatility for markets this summer, said Ryan Detrick, chief market strategist at LPL Financial, in a Wednesday note.</p>\n<p>\"From less stocks participating, to weak seasonality, to a lack of bears, to typical choppiness during year two of a bull market, the summer months could be ripe for an eventual pullback (down 5-9%) or even a 10% correction,\" Detrick wrote.</p>\n<p>Those were among the \"many reasons\" why after a more than 90% rally, he thinks the S&amp;P 500 index \"could finally be ready for a break,\" particularly when it comes to the often difficult months of August and September.</p>\n<p>This chart shows average monthly returns for the S&amp;P 500 in August and September, since 1950, have been largely negative, when looking over different stretches of time.</p>\n<p>The study includes the modern S&amp;P 500 index, launched in 1957, but also performance of the S&amp;P 90, its predecessor index.</p>\n<p>Historically, the chart also shows that April, July and November tend to be the best months for S&amp;P 500 returns.</p>\n<p>But despite a bruising Monday, the S&amp;P 500 was up 0.7% on the week through Wednesday, while the Dow Jones Industrial Average was 0.3% higher for the same stretch, as investors snapped up beaten down shares in the energy <a href=\"https://laohu8.com/S/XLE\">$(XLE)$</a> and financial <a href=\"https://laohu8.com/S/XLF\">$(XLF)$</a> sectors.</p>\n<p>Read: What junk bonds are signaling for this summer after Monday's sharp rout</p>\n<p>\"Incredibly, we haven't seen as much as a 5% pullback since October,\" Detrick said, while pointing out the average year since 1950 has recorded three separate S&amp;P 500 retreats of 5% or more, \"with not a single <a href=\"https://laohu8.com/S/AONE.U\">one</a> happening yet in 2021.\"</p>\n<p>\"This doesn't mean a 5% correction is directly around the corner, but note that most stocks are actually already down as much as 10% off their recent highs, suggesting the internals of the market are a tad weak and risk is higher than normal.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SH":"标普500反向ETF","XLF":"金融ETF","SPXU":"三倍做空标普500ETF","SSO":"两倍做多标普500ETF","IVV":"标普500指数ETF","SDS":"两倍做空标普500ETF","XLE":"SPDR能源指数ETF","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","UPRO":"三倍做多标普500ETF","SPY":"标普500ETF","OEX":"标普100"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153408396","content_text":"Monday's market rout could serve as a good reminder that, yes, stocks can stumble when they trade near record territory.\nWhile the downward pressure on stocks, this time, has been fleeting, that doesn't necessarily mean the end of volatility for markets this summer, said Ryan Detrick, chief market strategist at LPL Financial, in a Wednesday note.\n\"From less stocks participating, to weak seasonality, to a lack of bears, to typical choppiness during year two of a bull market, the summer months could be ripe for an eventual pullback (down 5-9%) or even a 10% correction,\" Detrick wrote.\nThose were among the \"many reasons\" why after a more than 90% rally, he thinks the S&P 500 index \"could finally be ready for a break,\" particularly when it comes to the often difficult months of August and September.\nThis chart shows average monthly returns for the S&P 500 in August and September, since 1950, have been largely negative, when looking over different stretches of time.\nThe study includes the modern S&P 500 index, launched in 1957, but also performance of the S&P 90, its predecessor index.\nHistorically, the chart also shows that April, July and November tend to be the best months for S&P 500 returns.\nBut despite a bruising Monday, the S&P 500 was up 0.7% on the week through Wednesday, while the Dow Jones Industrial Average was 0.3% higher for the same stretch, as investors snapped up beaten down shares in the energy $(XLE)$ and financial $(XLF)$ sectors.\nRead: What junk bonds are signaling for this summer after Monday's sharp rout\n\"Incredibly, we haven't seen as much as a 5% pullback since October,\" Detrick said, while pointing out the average year since 1950 has recorded three separate S&P 500 retreats of 5% or more, \"with not a single one happening yet in 2021.\"\n\"This doesn't mean a 5% correction is directly around the corner, but note that most stocks are actually already down as much as 10% off their recent highs, suggesting the internals of the market are a tad weak and risk is higher than normal.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":411,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172923244,"gmtCreate":1626928654788,"gmtModify":1703480782725,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Xpeng seems to raise alot alot","listText":"Xpeng seems to raise alot alot","text":"Xpeng seems to raise alot alot","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/172923244","repostId":"2153123625","repostType":4,"repost":{"id":"2153123625","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":1626920092,"share":"https://www.laohu8.com/m/news/2153123625?lang=&edition=full","pubTime":"2021-07-22 10:14","market":"hk","language":"en","title":"Xpeng's Hong Kong shares hit new high on joining Hang Seng indexes","url":"https://stock-news.laohu8.com/highlight/detail?id=2153123625","media":"Reuters","summary":"** Hong Kong shares of Chinese electric-car maker Xpeng Inc rise 6.6% to HK$172.40, their highest si","content":"<p>** Hong Kong shares of Chinese electric-car maker Xpeng Inc&nbsp;rise 6.6% to HK$172.40, their highest since listing on July 7, and on course for fifth consecutive session of gains</p>\n<p>** Stock, sixth biggest percentage gainer in the Hang Seng Composite Index , set for best day since listing</p>\n<p>** Xpeng meets the Fast Entry Rule and joins the Hang Seng Composite Index and Hang Seng Consumer Goods &amp; Services Index from July 21</p>\n<p>** China's e-commerce major Alibaba Group takes long position in Xpeng, buying 191.9 mln, or 14.97%, of the company's Hong Kong shares, filing shows</p>\n<p>** The Hong Kong Hang Seng consumer goods and services index&nbsp;climbs 1.02% and the Hang Seng Composite Index jumps 1.5%</p>\n<p>** The Hang Seng China Enterprises Index rises 1.6% and the benchmark index gains 1.7%</p>\n<p></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>Xpeng's Hong Kong shares hit new high on joining Hang Seng indexes</title>\n<style 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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\">\nXpeng's Hong Kong shares hit new high on joining Hang Seng indexes\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\">2021-07-22 10:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>** Hong Kong shares of Chinese electric-car maker Xpeng Inc&nbsp;rise 6.6% to HK$172.40, their highest since listing on July 7, and on course for fifth consecutive session of gains</p>\n<p>** Stock, sixth biggest percentage gainer in the Hang Seng Composite Index , set for best day since listing</p>\n<p>** Xpeng meets the Fast Entry Rule and joins the Hang Seng Composite Index and Hang Seng Consumer Goods &amp; Services Index from July 21</p>\n<p>** China's e-commerce major Alibaba Group takes long position in Xpeng, buying 191.9 mln, or 14.97%, of the company's Hong Kong shares, filing shows</p>\n<p>** The Hong Kong Hang Seng consumer goods and services index&nbsp;climbs 1.02% and the Hang Seng Composite Index jumps 1.5%</p>\n<p>** The Hang Seng China Enterprises Index rises 1.6% and the benchmark index gains 1.7%</p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","09868":"小鹏汽车-W","XPEV":"小鹏汽车","BABA":"阿里巴巴","09988":"阿里巴巴-SW"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153123625","content_text":"** Hong Kong shares of Chinese electric-car maker Xpeng Inc rise 6.6% to HK$172.40, their highest since listing on July 7, and on course for fifth consecutive session of gains\n** Stock, sixth biggest percentage gainer in the Hang Seng Composite Index , set for best day since listing\n** Xpeng meets the Fast Entry Rule and joins the Hang Seng Composite Index and Hang Seng Consumer Goods & Services Index from July 21\n** China's e-commerce major Alibaba Group takes long position in Xpeng, buying 191.9 mln, or 14.97%, of the company's Hong Kong shares, filing shows\n** The Hong Kong Hang Seng consumer goods and services index climbs 1.02% and the Hang Seng Composite Index jumps 1.5%\n** The Hang Seng China Enterprises Index rises 1.6% and the benchmark index gains 1.7%","news_type":1},"isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172920552,"gmtCreate":1626928487376,"gmtModify":1703480780290,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/N2IU.SI\">$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$</a>Wow increase after a week of low","listText":"<a href=\"https://laohu8.com/S/N2IU.SI\">$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$</a>Wow increase after a week of low","text":"$MAPLETREE COMMERCIAL TRUST(N2IU.SI)$Wow increase after a week of low","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/172920552","isVote":1,"tweetType":1,"viewCount":315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171556446,"gmtCreate":1626752119085,"gmtModify":1703764520385,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$</a>drop cos of covidcase baa","listText":"<a href=\"https://laohu8.com/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$</a>drop cos of covidcase baa","text":"$CapLand IntCom T(C38U.SI)$drop cos of covidcase baa","images":[{"img":"https://static.tigerbbs.com/a4938b1238dcc38096fd578ca3e92227","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/171556446","isVote":1,"tweetType":1,"viewCount":431,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":171926575,"gmtCreate":1626703245897,"gmtModify":1703763662716,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ohnooo","listText":"Ohnooo","text":"Ohnooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/171926575","repostId":"1143265655","repostType":4,"repost":{"id":"1143265655","pubTimestamp":1626702580,"share":"https://www.laohu8.com/m/news/1143265655?lang=&edition=full","pubTime":"2021-07-19 21:49","market":"us","language":"en","title":"AMC fell nearly 9% in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1143265655","media":"Motley Fool","summary":"(July 19) AMC fell nearly 9% in morning trading. Is There Any Hope Left for AMC Entertainment Stock?","content":"<p>(July 19)&nbsp;AMC fell nearly 9% in morning trading.&nbsp;Is There Any Hope Left for AMC Entertainment Stock?</p>\n<p><img src=\"https://static.tigerbbs.com/c568be01ed9cf916d7a574a56c1e7402\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<blockquote>\n The company's short squeeze is rapidly losing momentum.\n</blockquote>\n<p><b>Key Points</b></p>\n<ul>\n <li>AMC may not have enough cash to fund research and development efforts to compete with movie-streaming services.</li>\n <li>The spread of more contagious variants of the coronavirus could thwart theater traffic and offset rising demand from movie backlogs.</li>\n</ul>\n<p></p>\n<p>The traders of Reddit's Wall Street Bets community shocked the investment world this year by bidding up<b>AMC Entertainment</b>(NYSE:AMC), sending shares higher by nearly 3,000% at one point. However, at Friday's prices, the stock was down more than 40% from its June highs.</p>\n<p>Many traders held a \"buy first, ask questions later\" mentality when opening up a stake. But now, the time for questions has come.Can AMC deliversustained growthover the long term?</p>\n<p><b>Upcoming catalysts</b></p>\n<p>The COVID-19 pandemic has created a massive backlog of unreleased films. Production delays have played a role, but studio executives have also postponed releases until theaters reopened to maximize revenue. Over the next year, a number of big franchises will have new installments, including<i>Jurassic Park</i>,<i>Batman</i>,<i>Transformers</i>,<i>John Wick</i>,<i>Avatar</i>,<i>Indiana Jones</i>,<i>Mission</i><i>Impossible</i>, and Marvel. Keep in mind that AMC is the largest theater chain in the country, with over 60% market share. So there's no doubt there would be an impressive boost to the company's bottom line when these movies hit the theaters (keep in mind that AMC's business wasn't consistently profitable before COVID, so even a blockbuster year may not be a sure thing).</p>\n<p>In addition, AMC may have been saved simply by the efforts of Reddit traders to boost the stock. Thanks to a high stock price, AMC raised $1.246 billion in cash via equity offerings in the second quarter alone. That increased its total liquidity to over $2 billion, against $5.5 billion of long-term debt.</p>\n<p>If AMC used the cash to pay back debt, then the return on investment would be immediate (we'll have to wait until second-quarter earnings on Aug. 5 to learn more). The average interest rate of AMC's debt exceeds 10%, and interest payments outweighed total revenue in the first quarter. Moreover, Adam Aron, the company's CEO, announced on July 6 that he would scrap a plan to issue 25 million additional shares. Aron does not anticipate any other stock offerings in 2021, which suggests the company believes its turnaround is on track. The company is acting as if it believes it has enough cash to execute its plans for now.</p>\n<p><b>Upcoming inhibitors</b></p>\n<p>A major risk ahead for AMC is the spread of the delta and lambda coronavirus variants in the country. Moviegoers may be inclined to stay at home and watch new releases on streaming services instead, especially when it comes to new releases available to both channels. As a result, don't expect the company's traffic to rebound to pre-pandemic levels anytime soon.</p>\n<p>In addition, it's not clear yet how the company could sustain its growth or earnings in the long term. After the movie backlog clears up, AMC would be competing with multiple movie-streaming services and home-entertainment enthusiasts for traffic. But it can't spare much cash for the sake of innovation; the company still needs to generate cash flow to pay off its ballooning debt stack. On top of that, it still owes $400 million in rent to theater landlords due to the lockdowns in the past year.</p>\n<p><b>The missing element</b></p>\n<p>The problem of achieving innovation is a big one in the long run, and AMC is stuck in a catch-22. There isn't anything stopping AMC from launching a paid subscription streaming service for new movies. However, that will inevitably cannibalize revenue from its theaters, leading to a net-zero outcome.</p>\n<p>Offering a subscription pass to its theaters wouldn't really work either. MoviePass had already attempted that. To match the value proposition of streaming services, the company had to price its pass at $10 per month, resulting in staggering losses before it went bankrupt.</p>\n<p>But the biggest killer of AMC's prospects going forward is probably a combination of 5G and synchronized viewing. For example, the social community platform Discord allows its users to stream movies via its screen-share feature. While the movie plays, users are free to talk with each other, eat their own food, and otherwise enjoy the experience in ways that might be taboo in an actual theatre.</p>\n<p>With the rise of 5G, folks can watch movies via screen sharing just about anywhere. Bored while swimming in the lake? Just boot up your phone and watch a movie stream with friends. The best part is that the activity is free; intellectual property laws haven't caught on to the innovation yet, resulting in a grey area. At the end of the day, it would be extremely difficult for AMC to compete with these \"mini-virtual theaters\" where patrons can watch from anywhere and do whatever they like while watching.</p>\n<p><b>The verdict</b></p>\n<p>Since its inception, AMC has lost a cumulative $5.9 billion, and that number is growing. Investors should note that aside from another near-term spike/short squeeze, there are not many fundamentals backing the company's long-term prospects. In addition, its inability to devote cash to innovation will almost guarantee more revenue and bottom-line woes in the long run. That's on top of its inability to compete with peer-to-peer synchronized movie-viewing experiences. At a forward-looking price-to-sales (P/S) ratio over 8, AMC stock looks incredibly expensive for a company that could yet fall off another cliff in terms of growth. Long-term investors looking forways to profit from the reopening economyshould stay away.</p>\n<p></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>AMC fell nearly 9% in morning trading</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\">\nAMC fell nearly 9% in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-19 21:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/17/is-there-any-hope-left-for-amc-entertainment-stock/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(July 19) AMC fell nearly 9% in morning trading. Is There Any Hope Left for AMC Entertainment Stock?\n\n\n The company's short squeeze is rapidly losing momentum.\n\nKey Points\n\nAMC may not have enough ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/17/is-there-any-hope-left-for-amc-entertainment-stock/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/07/17/is-there-any-hope-left-for-amc-entertainment-stock/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143265655","content_text":"(July 19) AMC fell nearly 9% in morning trading. Is There Any Hope Left for AMC Entertainment Stock?\n\n\n The company's short squeeze is rapidly losing momentum.\n\nKey Points\n\nAMC may not have enough cash to fund research and development efforts to compete with movie-streaming services.\nThe spread of more contagious variants of the coronavirus could thwart theater traffic and offset rising demand from movie backlogs.\n\n\nThe traders of Reddit's Wall Street Bets community shocked the investment world this year by bidding upAMC Entertainment(NYSE:AMC), sending shares higher by nearly 3,000% at one point. However, at Friday's prices, the stock was down more than 40% from its June highs.\nMany traders held a \"buy first, ask questions later\" mentality when opening up a stake. But now, the time for questions has come.Can AMC deliversustained growthover the long term?\nUpcoming catalysts\nThe COVID-19 pandemic has created a massive backlog of unreleased films. Production delays have played a role, but studio executives have also postponed releases until theaters reopened to maximize revenue. Over the next year, a number of big franchises will have new installments, includingJurassic Park,Batman,Transformers,John Wick,Avatar,Indiana Jones,MissionImpossible, and Marvel. Keep in mind that AMC is the largest theater chain in the country, with over 60% market share. So there's no doubt there would be an impressive boost to the company's bottom line when these movies hit the theaters (keep in mind that AMC's business wasn't consistently profitable before COVID, so even a blockbuster year may not be a sure thing).\nIn addition, AMC may have been saved simply by the efforts of Reddit traders to boost the stock. Thanks to a high stock price, AMC raised $1.246 billion in cash via equity offerings in the second quarter alone. That increased its total liquidity to over $2 billion, against $5.5 billion of long-term debt.\nIf AMC used the cash to pay back debt, then the return on investment would be immediate (we'll have to wait until second-quarter earnings on Aug. 5 to learn more). The average interest rate of AMC's debt exceeds 10%, and interest payments outweighed total revenue in the first quarter. Moreover, Adam Aron, the company's CEO, announced on July 6 that he would scrap a plan to issue 25 million additional shares. Aron does not anticipate any other stock offerings in 2021, which suggests the company believes its turnaround is on track. The company is acting as if it believes it has enough cash to execute its plans for now.\nUpcoming inhibitors\nA major risk ahead for AMC is the spread of the delta and lambda coronavirus variants in the country. Moviegoers may be inclined to stay at home and watch new releases on streaming services instead, especially when it comes to new releases available to both channels. As a result, don't expect the company's traffic to rebound to pre-pandemic levels anytime soon.\nIn addition, it's not clear yet how the company could sustain its growth or earnings in the long term. After the movie backlog clears up, AMC would be competing with multiple movie-streaming services and home-entertainment enthusiasts for traffic. But it can't spare much cash for the sake of innovation; the company still needs to generate cash flow to pay off its ballooning debt stack. On top of that, it still owes $400 million in rent to theater landlords due to the lockdowns in the past year.\nThe missing element\nThe problem of achieving innovation is a big one in the long run, and AMC is stuck in a catch-22. There isn't anything stopping AMC from launching a paid subscription streaming service for new movies. However, that will inevitably cannibalize revenue from its theaters, leading to a net-zero outcome.\nOffering a subscription pass to its theaters wouldn't really work either. MoviePass had already attempted that. To match the value proposition of streaming services, the company had to price its pass at $10 per month, resulting in staggering losses before it went bankrupt.\nBut the biggest killer of AMC's prospects going forward is probably a combination of 5G and synchronized viewing. For example, the social community platform Discord allows its users to stream movies via its screen-share feature. While the movie plays, users are free to talk with each other, eat their own food, and otherwise enjoy the experience in ways that might be taboo in an actual theatre.\nWith the rise of 5G, folks can watch movies via screen sharing just about anywhere. Bored while swimming in the lake? Just boot up your phone and watch a movie stream with friends. The best part is that the activity is free; intellectual property laws haven't caught on to the innovation yet, resulting in a grey area. At the end of the day, it would be extremely difficult for AMC to compete with these \"mini-virtual theaters\" where patrons can watch from anywhere and do whatever they like while watching.\nThe verdict\nSince its inception, AMC has lost a cumulative $5.9 billion, and that number is growing. Investors should note that aside from another near-term spike/short squeeze, there are not many fundamentals backing the company's long-term prospects. In addition, its inability to devote cash to innovation will almost guarantee more revenue and bottom-line woes in the long run. That's on top of its inability to compete with peer-to-peer synchronized movie-viewing experiences. At a forward-looking price-to-sales (P/S) ratio over 8, AMC stock looks incredibly expensive for a company that could yet fall off another cliff in terms of growth. Long-term investors looking forways to profit from the reopening economyshould stay away.","news_type":1},"isVote":1,"tweetType":1,"viewCount":306,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171926840,"gmtCreate":1626703223680,"gmtModify":1703763662554,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/.DJI\">$DJIA(.DJI)$</a>Correction?","listText":"<a href=\"https://laohu8.com/S/.DJI\">$DJIA(.DJI)$</a>Correction?","text":"$DJIA(.DJI)$Correction?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/171926840","isVote":1,"tweetType":1,"viewCount":818,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171928853,"gmtCreate":1626703193872,"gmtModify":1703763660415,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Why dipppp","listText":"Why dipppp","text":"Why dipppp","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/171928853","repostId":"1146536243","repostType":4,"repost":{"id":"1146536243","pubTimestamp":1626683272,"share":"https://www.laohu8.com/m/news/1146536243?lang=&edition=full","pubTime":"2021-07-19 16:27","market":"us","language":"en","title":"Morgan Stanley: This Cycle Will Be \"Hotter But Shorter\" Than Usual","url":"https://stock-news.laohu8.com/highlight/detail?id=1146536243","media":"zerohedge","summary":"This cycle is unusual. Most 'normal' cycles are. We think that the recovery is sustainable and more likely to be ‘hotter and shorter’. Sell Treasuries and trust the expansion.","content":"<p>We think that this economic cycle will be normal, strong and short. Each of these assumptions is being hotly debated by the market. Each is key to our investment strategy.</p>\n<p>The debate over cycle 'normalcy' is self-explanatory. The pandemic created, without exaggeration, the single sharpest decline in output in recorded history. Then activity raced back, helped by policy support. The case for viewing this situation as unique, and distinct from other cyclical experiences, is based on the view that a fall and rise this violent never allowed for a traditional 'reset'.</p>\n<p>But 'normal' in markets is a funny concept, with the rough edges of memory often smoothed and polished by the passage of time. The cycle of 2003-07 ended with the largest banking and housing crisis since the Great Depression. The cycle of 1992-2000 ended with the bursting of an enormous equity bubble, widespread accounting fraud and unspeakable tragedy. 'Normal' cycles are nice in theory, harder in practice.</p>\n<p>Instead, let’s consider why we use the term ‘cycle’ at all. Economies and markets tend to follow cyclical patterns, patterns that tend to show up in market performance. It is those patterns we care about, and if they still apply, they can provide a useful guide in uncertain terrain.</p>\n<p>Was last year’s recession preceded by late-cycle conditions such as an inverted yield curve, low volatility, low unemployment, high consumer confidence and narrowing equity market breadth? It was. Did the resulting troughs in equities, credit, yields and yield curves match the usual cadence between market and economic lows? They did. And were the leaders of the ensuing rally the usual early-cycle winners, like small and cyclical stocks, high yield credit and industrial metals? They were.</p>\n<p>If it walks like a duck and quacks like a duck, we think that it’s a normal cycle. Or as normal as these things realistically are.&nbsp;If a lot of 'normal' cycle behavior has played out so far, it should&nbsp;<i>continue</i>&nbsp;to do so.</p>\n<p>Specifically, this relates to patterns of performance as the market recovers. And as that recovery advances, those patterns should shift. As noted by my colleague Michael Wilson, we think that we are moving to a mid-cycle market, despite being just 16 months removed from the lows of economic activity. We see a number of similarities between current conditions and 1H04, a mid-cycle period that followed a large, reflationary rally. And importantly, despite recent fears about growth, we think that the global recovery will keep pushing on (see&nbsp;The Growth Scare Anniversary, July 11, 2021).</p>\n<p>Because one can always find an indicator that fits their particular cycle view, we’ve long been fans of a composite. That’s our ‘cycle model’, which combines ten US metrics across macro, the credit cycle and corporate aggression to gauge where we are in the market cycle. After moving into late-cycle ‘downturn’ in June 2019, and early-cycle ‘repair’ in April 2020, it’s rocketed higher.<b>It has risen so fast that it’s blown right past what should be the next phase ('recovery'), and moved right into ‘expansion’.</b></p>\n<p><img src=\"https://static.tigerbbs.com/41879c4f66b33597ee236bdd52841004\" tg-width=\"904\" tg-height=\"490\" referrerpolicy=\"no-referrer\">Thisis unusual. ‘Expansion’ is meant to capture conditions that are 'better than normal, and improving',<b>and since 1980, it has taken an average of 35 months to get there after 'downturn' ends</b>. Its speedy arrival speaks to a speedy recovery powered by enormous policy support.<b>It also hints at another possibility:&nbsp;this hotter cycle could be shorter.</b>This is our thesis, and it’s showing up in our quantitative measure.</p>\n<p>All this has a number of implications:</p>\n<ul>\n <li><b>The shorter the cycle, the worse for credit relative to other risky assets; credit enjoys fewer of the gains from the 'boom', is exposed if the next downturn is early, and faces more supply as corporate confidence increases</b>. In the ‘expansion’ phase of our cycle model, US IG and HY credit N12M excess returns are 29bp and 161bp worse than average, respectively.</li>\n <li><b>In many of those periods, more mixed credit performance occurs despite default rates remaining low</b>. Investors should try to take default risk over spread risk: our credit strategists like owning CDX HY 0-15%, and hedging with CDX IG payer spreads.</li>\n <li><b>In equities, we think that our model supports more balance in portfolios</b>. We like healthcare in both the US and Europe as a sector with several nice factor exposures: quality, low valuation, high carry and low volatility. Globally, equities in Europe and Japan have tended to outperform 'mid-cycle', and we think that they can do so again.</li>\n <li><b>Interest rates are too pessimistic on the recovery. US 10-year Treasury N12M returns are 97bp worse than average during the ‘expansion’ phase of our cycle model</b>. Guneet Dhingra and our US interest rate strategy team have moved underweight US 10-year Treasuries, and we in turn have moved back underweight government bonds in our global asset allocation.</li>\n</ul>\n<p>This cycle is unusual. Most 'normal' cycles are. We think that the recovery is sustainable and more likely to be ‘hotter and shorter’. Sell Treasuries and trust the expansion.</p>","source":"lsy1583725640930","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>Morgan Stanley: This Cycle Will Be \"Hotter But Shorter\" Than Usual</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\">\nMorgan Stanley: This Cycle Will Be \"Hotter But Shorter\" Than Usual\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-19 16:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/morgan-stanley-cycle-will-be-hotter-shorter-usual><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We think that this economic cycle will be normal, strong and short. Each of these assumptions is being hotly debated by the market. Each is key to our investment strategy.\nThe debate over cycle '...</p>\n\n<a href=\"https://www.zerohedge.com/markets/morgan-stanley-cycle-will-be-hotter-shorter-usual\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/morgan-stanley-cycle-will-be-hotter-shorter-usual","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146536243","content_text":"We think that this economic cycle will be normal, strong and short. Each of these assumptions is being hotly debated by the market. Each is key to our investment strategy.\nThe debate over cycle 'normalcy' is self-explanatory. The pandemic created, without exaggeration, the single sharpest decline in output in recorded history. Then activity raced back, helped by policy support. The case for viewing this situation as unique, and distinct from other cyclical experiences, is based on the view that a fall and rise this violent never allowed for a traditional 'reset'.\nBut 'normal' in markets is a funny concept, with the rough edges of memory often smoothed and polished by the passage of time. The cycle of 2003-07 ended with the largest banking and housing crisis since the Great Depression. The cycle of 1992-2000 ended with the bursting of an enormous equity bubble, widespread accounting fraud and unspeakable tragedy. 'Normal' cycles are nice in theory, harder in practice.\nInstead, let’s consider why we use the term ‘cycle’ at all. Economies and markets tend to follow cyclical patterns, patterns that tend to show up in market performance. It is those patterns we care about, and if they still apply, they can provide a useful guide in uncertain terrain.\nWas last year’s recession preceded by late-cycle conditions such as an inverted yield curve, low volatility, low unemployment, high consumer confidence and narrowing equity market breadth? It was. Did the resulting troughs in equities, credit, yields and yield curves match the usual cadence between market and economic lows? They did. And were the leaders of the ensuing rally the usual early-cycle winners, like small and cyclical stocks, high yield credit and industrial metals? They were.\nIf it walks like a duck and quacks like a duck, we think that it’s a normal cycle. Or as normal as these things realistically are. If a lot of 'normal' cycle behavior has played out so far, it should continue to do so.\nSpecifically, this relates to patterns of performance as the market recovers. And as that recovery advances, those patterns should shift. As noted by my colleague Michael Wilson, we think that we are moving to a mid-cycle market, despite being just 16 months removed from the lows of economic activity. We see a number of similarities between current conditions and 1H04, a mid-cycle period that followed a large, reflationary rally. And importantly, despite recent fears about growth, we think that the global recovery will keep pushing on (see The Growth Scare Anniversary, July 11, 2021).\nBecause one can always find an indicator that fits their particular cycle view, we’ve long been fans of a composite. That’s our ‘cycle model’, which combines ten US metrics across macro, the credit cycle and corporate aggression to gauge where we are in the market cycle. After moving into late-cycle ‘downturn’ in June 2019, and early-cycle ‘repair’ in April 2020, it’s rocketed higher.It has risen so fast that it’s blown right past what should be the next phase ('recovery'), and moved right into ‘expansion’.\nThisis unusual. ‘Expansion’ is meant to capture conditions that are 'better than normal, and improving',and since 1980, it has taken an average of 35 months to get there after 'downturn' ends. Its speedy arrival speaks to a speedy recovery powered by enormous policy support.It also hints at another possibility: this hotter cycle could be shorter.This is our thesis, and it’s showing up in our quantitative measure.\nAll this has a number of implications:\n\nThe shorter the cycle, the worse for credit relative to other risky assets; credit enjoys fewer of the gains from the 'boom', is exposed if the next downturn is early, and faces more supply as corporate confidence increases. In the ‘expansion’ phase of our cycle model, US IG and HY credit N12M excess returns are 29bp and 161bp worse than average, respectively.\nIn many of those periods, more mixed credit performance occurs despite default rates remaining low. Investors should try to take default risk over spread risk: our credit strategists like owning CDX HY 0-15%, and hedging with CDX IG payer spreads.\nIn equities, we think that our model supports more balance in portfolios. We like healthcare in both the US and Europe as a sector with several nice factor exposures: quality, low valuation, high carry and low volatility. Globally, equities in Europe and Japan have tended to outperform 'mid-cycle', and we think that they can do so again.\nInterest rates are too pessimistic on the recovery. US 10-year Treasury N12M returns are 97bp worse than average during the ‘expansion’ phase of our cycle model. Guneet Dhingra and our US interest rate strategy team have moved underweight US 10-year Treasuries, and we in turn have moved back underweight government bonds in our global asset allocation.\n\nThis cycle is unusual. Most 'normal' cycles are. We think that the recovery is sustainable and more likely to be ‘hotter and shorter’. Sell Treasuries and trust the expansion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171921825,"gmtCreate":1626703171467,"gmtModify":1703763658944,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$</a>why","listText":"<a href=\"https://laohu8.com/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$</a>why","text":"$CapLand IntCom T(C38U.SI)$why","images":[{"img":"https://static.tigerbbs.com/a4938b1238dcc38096fd578ca3e92227","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/171921825","isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":170137183,"gmtCreate":1626411109542,"gmtModify":1703759648404,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"China?","listText":"China?","text":"China?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/170137183","repostId":"1122179575","repostType":4,"isVote":1,"tweetType":1,"viewCount":434,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170134130,"gmtCreate":1626411030720,"gmtModify":1703759646597,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Jiayous","listText":"Jiayous","text":"Jiayous","images":[{"img":"https://static.tigerbbs.com/eefc26a551695b60882da22cc1dc8281","width":"750","height":"1517"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/170134130","isVote":1,"tweetType":1,"viewCount":282,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":144399377,"gmtCreate":1626266162999,"gmtModify":1703756640003,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Everyday i see amc price drop by $2-3, how long can the price drop","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Everyday i see amc price drop by $2-3, how long can the price drop","text":"$AMC Entertainment(AMC)$Everyday i see amc price drop by $2-3, how long can the price drop","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/144399377","isVote":1,"tweetType":1,"viewCount":702,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145227927,"gmtCreate":1626226676569,"gmtModify":1703755868389,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$</a>Why drop","listText":"<a href=\"https://laohu8.com/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$</a>Why drop","text":"$CapLand IntCom T(C38U.SI)$Why drop","images":[{"img":"https://static.tigerbbs.com/6b842afb5b0490e1fbd8a87f35564a89","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/145227927","isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":142152242,"gmtCreate":1626138046386,"gmtModify":1703754030111,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/02618\">$JD LOGISTICS(02618)$</a>:(","listText":"<a href=\"https://laohu8.com/S/02618\">$JD LOGISTICS(02618)$</a>:(","text":"$JD LOGISTICS(02618)$:(","images":[{"img":"https://static.tigerbbs.com/bfcb2b0ca5814c791d545f76ca981672","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/142152242","isVote":1,"tweetType":1,"viewCount":159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":146554641,"gmtCreate":1626093266683,"gmtModify":1703753172531,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>why its dropping agn worrrr","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>why its dropping agn worrrr","text":"$AMC Entertainment(AMC)$why its dropping agn worrrr","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/146554641","isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146186232,"gmtCreate":1626059236626,"gmtModify":1703752545518,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/146186232","repostId":"2150076873","repostType":4,"repost":{"id":"2150076873","pubTimestamp":1626058200,"share":"https://www.laohu8.com/m/news/2150076873?lang=&edition=full","pubTime":"2021-07-12 10:50","market":"us","language":"en","title":"A Stock Market Crash Is Coming: 3 Top Stocks to Buy When It Happens","url":"https://stock-news.laohu8.com/highlight/detail?id=2150076873","media":"Motley Fool","summary":"The next crash is a matter of when, not if. When it hits, you may want to pounce on these stocks.","content":"<p>Stock market crashes tend to be painful, but they also create chances to invest in great companies at huge discounts. Nabbing the right stocks when these opportunities arise can be a path to life-changing returns.</p>\n<p>With that in mind, a panel of Motley Fool contributors has identified three stocks that are worth going big on when the next crash hits. Read on to see why these companies top their \"buy lists\" for the next time the stock market goes on sale.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F633163%2Fcharts-and-numbers-over-a-hundred-dollar-bill.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"453\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>CrowdStrike Holdings</h3>\n<p><b>Keith Noonan:&nbsp;CrowdStrike&nbsp;</b>(NASDAQ:CRWD) provides cloud-based cybersecurity services that help prevent devices including laptops, mobile hardware, and servers from being exploited by hackers and other bad actors. The company, a leader in its corner of the industry, has a strong outlook for growth even if overall economic conditions should weaken.</p>\n<p>The cybersecurity specialist has already been growing at a rapid clip, managing to increase its revenue 70% year over year last quarter and 82% in the last fiscal year. Impressive sales momentum has helped push CrowdStrike's share price up over 130% over the last 12 months, and the company looks poised to benefit from strong-demand tailwinds through the next decade and beyond.</p>\n<p>As business and communications are increasingly carried out through digital channels, the risks and damages caused by cyberattacks are soaring. Cybersecurity services will only become increasingly important as bad actors have rising incentives to exploit vulnerabilities and gain access to network systems, and CrowdStrike's AI-powered software is providing best-in-class solutions. The company's Falcon platform learns from each new threat that it encounters, creating a service that offers improving value for customers.</p>\n<p>Valued at roughly $59 billion and trading at approximately 43 times this year's expected sales, CrowdStrike has a highly growth-dependent valuation. That suggests the stock could be primed for a substantial pullback when the next market crash rolls around. But demand for the company's service expertise should remain pretty healthy and help the stock bounce back and reach new heights.</p>\n<h3><b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b></h3>\n<p><b>Jamal Carnette: </b>Big Tech's relationship with Washington lawmakers can best be classified as \"it's complicated.\" Just a few years ago politicians were trumpeting the \"new economy\"; now companies like <b>Facebook</b> (NASDAQ:FB) are firmly in DC's crosshairs. Last month, the House of Representatives voted on six bills designed to regulate the tech industry.</p>\n<p>Understandably, Facebook investors are worried about increased regulatory and legal risk, but proper perspective is warranted. Generally, less than 5% of all bills become laws, and most tend to be less impactful than the initial versions. Additionally, Facebook will have the ability to fight legislation through the court system. Recently, it did just that and scored a win against the Federal Trade Commission.</p>\n<p>Facebook is primed for growth. Last year grew revenue 22% as the pandemic slammed digital advertisers from the travel and leisure industries. The overall digital-marketing industry grew 7%. This year, the industry expects growth rates three times last year's figure, which will disproportionally benefit Facebook and <b>Alphabet</b>, and both will continue to win share by growing at higher rates than the overall market.</p>\n<p>Despite its recent performance, Facebook stock still trades at a reasonable valuation. Currently, shares trade at 29.6 times earnings versus 27.3 times from the greater <b>S&amp;P 500</b>. The price/earnings-to-growth (PEG) ratio -- which factors in the expected earnings growth to the figures above -- is 1.2, a figure in value stock territory. When a crash comes, investors should use the opportunity to pick up Facebook shares on the cheap.</p>\n<h3>The Trade Desk</h3>\n<p><b>Jason Hall:</b> It's been an incredible run for <b>The Trade Desk</b> (NASDAQ:TTD) investors, with the ad-tech stock generating almost 2,500% in total returns since going public less than five years ago.</p>\n<p>Yet even with this incredible run, I expect that The Trade Desk will continue to deliver market-beating returns for years to come as more and more advertising dollars shift away from linear TV and other platforms and move to programmatic ad platforms.&nbsp;And that's a huge tailwind for the company, which is partnered with some of the world's largest ad agencies, positioning it for plenty more growth to come.</p>\n<p>On the other side of the coin, The Trade Desk has been and is likely to remain a&nbsp;<i>very&nbsp;</i>volatile stock. We saw this play out to the extreme during the 2020 coronavirus crash when shares plummeted more than 50% in less than two months:</p>\n<p><img src=\"https://static.tigerbbs.com/3765fe7042929f5eecdc9cc10d7ac51f\" tg-width=\"720\" tg-height=\"433\" referrerpolicy=\"no-referrer\"></p>\n<p>TTD data by YCharts</p>\n<p>As the chart above shows, it's not uncommon for The Trade Desk stock to fall more than 30% from its recent high; shares are actually still down about 20% from the recent high as of this writing.</p>\n<p>Add it all up, and The Trade Desk is a great growth stock because of its prospects. But it's also <a href=\"https://laohu8.com/S/AONE\">one</a> that's worth adding to your portfolio over time when Mr. Market gives you opportunities to buy. There's a very good chance that the next market crash will prove to be <a href=\"https://laohu8.com/S/AONE.U\">one</a> of those&nbsp; opportunities.</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>A Stock Market Crash Is Coming: 3 Top Stocks to Buy When It Happens</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\">\nA Stock Market Crash Is Coming: 3 Top Stocks to Buy When It Happens\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 10:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/11/a-stock-market-crash-is-coming-3-top-stocks-to-buy/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock market crashes tend to be painful, but they also create chances to invest in great companies at huge discounts. Nabbing the right stocks when these opportunities arise can be a path to life-...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/11/a-stock-market-crash-is-coming-3-top-stocks-to-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRWD":"CrowdStrike Holdings, Inc.","TTD":"Trade Desk Inc."},"source_url":"https://www.fool.com/investing/2021/07/11/a-stock-market-crash-is-coming-3-top-stocks-to-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2150076873","content_text":"Stock market crashes tend to be painful, but they also create chances to invest in great companies at huge discounts. Nabbing the right stocks when these opportunities arise can be a path to life-changing returns.\nWith that in mind, a panel of Motley Fool contributors has identified three stocks that are worth going big on when the next crash hits. Read on to see why these companies top their \"buy lists\" for the next time the stock market goes on sale.\n\nImage source: Getty Images.\nCrowdStrike Holdings\nKeith Noonan: CrowdStrike (NASDAQ:CRWD) provides cloud-based cybersecurity services that help prevent devices including laptops, mobile hardware, and servers from being exploited by hackers and other bad actors. The company, a leader in its corner of the industry, has a strong outlook for growth even if overall economic conditions should weaken.\nThe cybersecurity specialist has already been growing at a rapid clip, managing to increase its revenue 70% year over year last quarter and 82% in the last fiscal year. Impressive sales momentum has helped push CrowdStrike's share price up over 130% over the last 12 months, and the company looks poised to benefit from strong-demand tailwinds through the next decade and beyond.\nAs business and communications are increasingly carried out through digital channels, the risks and damages caused by cyberattacks are soaring. Cybersecurity services will only become increasingly important as bad actors have rising incentives to exploit vulnerabilities and gain access to network systems, and CrowdStrike's AI-powered software is providing best-in-class solutions. The company's Falcon platform learns from each new threat that it encounters, creating a service that offers improving value for customers.\nValued at roughly $59 billion and trading at approximately 43 times this year's expected sales, CrowdStrike has a highly growth-dependent valuation. That suggests the stock could be primed for a substantial pullback when the next market crash rolls around. But demand for the company's service expertise should remain pretty healthy and help the stock bounce back and reach new heights.\nFacebook\nJamal Carnette: Big Tech's relationship with Washington lawmakers can best be classified as \"it's complicated.\" Just a few years ago politicians were trumpeting the \"new economy\"; now companies like Facebook (NASDAQ:FB) are firmly in DC's crosshairs. Last month, the House of Representatives voted on six bills designed to regulate the tech industry.\nUnderstandably, Facebook investors are worried about increased regulatory and legal risk, but proper perspective is warranted. Generally, less than 5% of all bills become laws, and most tend to be less impactful than the initial versions. Additionally, Facebook will have the ability to fight legislation through the court system. Recently, it did just that and scored a win against the Federal Trade Commission.\nFacebook is primed for growth. Last year grew revenue 22% as the pandemic slammed digital advertisers from the travel and leisure industries. The overall digital-marketing industry grew 7%. This year, the industry expects growth rates three times last year's figure, which will disproportionally benefit Facebook and Alphabet, and both will continue to win share by growing at higher rates than the overall market.\nDespite its recent performance, Facebook stock still trades at a reasonable valuation. Currently, shares trade at 29.6 times earnings versus 27.3 times from the greater S&P 500. The price/earnings-to-growth (PEG) ratio -- which factors in the expected earnings growth to the figures above -- is 1.2, a figure in value stock territory. When a crash comes, investors should use the opportunity to pick up Facebook shares on the cheap.\nThe Trade Desk\nJason Hall: It's been an incredible run for The Trade Desk (NASDAQ:TTD) investors, with the ad-tech stock generating almost 2,500% in total returns since going public less than five years ago.\nYet even with this incredible run, I expect that The Trade Desk will continue to deliver market-beating returns for years to come as more and more advertising dollars shift away from linear TV and other platforms and move to programmatic ad platforms. And that's a huge tailwind for the company, which is partnered with some of the world's largest ad agencies, positioning it for plenty more growth to come.\nOn the other side of the coin, The Trade Desk has been and is likely to remain a very volatile stock. We saw this play out to the extreme during the 2020 coronavirus crash when shares plummeted more than 50% in less than two months:\n\nTTD data by YCharts\nAs the chart above shows, it's not uncommon for The Trade Desk stock to fall more than 30% from its recent high; shares are actually still down about 20% from the recent high as of this writing.\nAdd it all up, and The Trade Desk is a great growth stock because of its prospects. But it's also one that's worth adding to your portfolio over time when Mr. Market gives you opportunities to buy. There's a very good chance that the next market crash will prove to be one of those  opportunities.","news_type":1},"isVote":1,"tweetType":1,"viewCount":185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146393696,"gmtCreate":1626052529615,"gmtModify":1703752352303,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/146393696","repostId":"2150109300","repostType":4,"isVote":1,"tweetType":1,"viewCount":134,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":143626439,"gmtCreate":1625792646321,"gmtModify":1703748597786,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Stay! Woohoo","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Stay! Woohoo","text":"$AMC Entertainment(AMC)$Stay! Woohoo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/143626439","isVote":1,"tweetType":1,"viewCount":135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":143623854,"gmtCreate":1625792536278,"gmtModify":1703748592890,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Buy at dip","listText":"Buy at dip","text":"Buy at dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/143623854","repostId":"1153646457","repostType":4,"isVote":1,"tweetType":1,"viewCount":159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":143629267,"gmtCreate":1625792499059,"gmtModify":1703748591595,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Yay! Lucky did not sold and ita giving me a surprise always!&nbsp;","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Yay! Lucky did not sold and ita giving me a surprise always!&nbsp;","text":"$AMC Entertainment(AMC)$Yay! Lucky did not sold and ita giving me a surprise always!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/143629267","isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":143666173,"gmtCreate":1625792180692,"gmtModify":1703748583139,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Welldone","listText":"Welldone","text":"Welldone","images":[{"img":"https://static.tigerbbs.com/d48b5053f1f1ac827ee9ee61ac19f129","width":"750","height":"2162"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/143666173","isVote":1,"tweetType":1,"viewCount":263,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":140510249,"gmtCreate":1625665798081,"gmtModify":1703745963017,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>my cost is 54! Adding till no bullet! Anybody same here? :(","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>my cost is 54! Adding till no bullet! Anybody same here? :(","text":"$AMC Entertainment(AMC)$my cost is 54! Adding till no bullet! Anybody same here? :(","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":7,"repostSize":1,"link":"https://ttm.financial/post/140510249","isVote":1,"tweetType":1,"viewCount":2310,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3584863771682470","authorId":"3584863771682470","name":"Mml","avatar":"https://static.tigerbbs.com/f24c9f80edf3964f1c5ee7b551e05463","crmLevel":4,"crmLevelSwitch":0},"content":"My cost is $55.8, hmmm lost a lot","text":"My cost is $55.8, hmmm lost a lot","html":"My cost is $55.8, hmmm lost a lot"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172831953,"gmtCreate":1626949749672,"gmtModify":1703481160075,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Another drop?","listText":"Another drop?","text":"Another drop?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/172831953","repostId":"2153408396","repostType":4,"repost":{"id":"2153408396","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":1626946680,"share":"https://www.laohu8.com/m/news/2153408396?lang=&edition=full","pubTime":"2021-07-22 17:38","market":"us","language":"en","title":"Why the S&P 500 could be poised for a 5% drop -- or even more this summer","url":"https://stock-news.laohu8.com/highlight/detail?id=2153408396","media":"Dow Jones","summary":"Monday's market rout could serve as a good reminder that, yes, stocks can stumble when they trade ne","content":"<p>Monday's market rout could serve as a good reminder that, yes, stocks can stumble when they trade near record territory.</p>\n<p>While the downward pressure on stocks, this time, has been fleeting, that doesn't necessarily mean the end of volatility for markets this summer, said Ryan Detrick, chief market strategist at LPL Financial, in a Wednesday note.</p>\n<p>\"From less stocks participating, to weak seasonality, to a lack of bears, to typical choppiness during year two of a bull market, the summer months could be ripe for an eventual pullback (down 5-9%) or even a 10% correction,\" Detrick wrote.</p>\n<p>Those were among the \"many reasons\" why after a more than 90% rally, he thinks the S&amp;P 500 index \"could finally be ready for a break,\" particularly when it comes to the often difficult months of August and September.</p>\n<p>This chart shows average monthly returns for the S&amp;P 500 in August and September, since 1950, have been largely negative, when looking over different stretches of time.</p>\n<p>The study includes the modern S&amp;P 500 index, launched in 1957, but also performance of the S&amp;P 90, its predecessor index.</p>\n<p>Historically, the chart also shows that April, July and November tend to be the best months for S&amp;P 500 returns.</p>\n<p>But despite a bruising Monday, the S&amp;P 500 was up 0.7% on the week through Wednesday, while the Dow Jones Industrial Average was 0.3% higher for the same stretch, as investors snapped up beaten down shares in the energy <a href=\"https://laohu8.com/S/XLE\">$(XLE)$</a> and financial <a href=\"https://laohu8.com/S/XLF\">$(XLF)$</a> sectors.</p>\n<p>Read: What junk bonds are signaling for this summer after Monday's sharp rout</p>\n<p>\"Incredibly, we haven't seen as much as a 5% pullback since October,\" Detrick said, while pointing out the average year since 1950 has recorded three separate S&amp;P 500 retreats of 5% or more, \"with not a single <a href=\"https://laohu8.com/S/AONE.U\">one</a> happening yet in 2021.\"</p>\n<p>\"This doesn't mean a 5% correction is directly around the corner, but note that most stocks are actually already down as much as 10% off their recent highs, suggesting the internals of the market are a tad weak and risk is higher than normal.\"</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 S&P 500 could be poised for a 5% drop -- or even more this summer</title>\n<style 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}\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 S&P 500 could be poised for a 5% drop -- or even more this summer\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\">2021-07-22 17:38</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Monday's market rout could serve as a good reminder that, yes, stocks can stumble when they trade near record territory.</p>\n<p>While the downward pressure on stocks, this time, has been fleeting, that doesn't necessarily mean the end of volatility for markets this summer, said Ryan Detrick, chief market strategist at LPL Financial, in a Wednesday note.</p>\n<p>\"From less stocks participating, to weak seasonality, to a lack of bears, to typical choppiness during year two of a bull market, the summer months could be ripe for an eventual pullback (down 5-9%) or even a 10% correction,\" Detrick wrote.</p>\n<p>Those were among the \"many reasons\" why after a more than 90% rally, he thinks the S&amp;P 500 index \"could finally be ready for a break,\" particularly when it comes to the often difficult months of August and September.</p>\n<p>This chart shows average monthly returns for the S&amp;P 500 in August and September, since 1950, have been largely negative, when looking over different stretches of time.</p>\n<p>The study includes the modern S&amp;P 500 index, launched in 1957, but also performance of the S&amp;P 90, its predecessor index.</p>\n<p>Historically, the chart also shows that April, July and November tend to be the best months for S&amp;P 500 returns.</p>\n<p>But despite a bruising Monday, the S&amp;P 500 was up 0.7% on the week through Wednesday, while the Dow Jones Industrial Average was 0.3% higher for the same stretch, as investors snapped up beaten down shares in the energy <a href=\"https://laohu8.com/S/XLE\">$(XLE)$</a> and financial <a href=\"https://laohu8.com/S/XLF\">$(XLF)$</a> sectors.</p>\n<p>Read: What junk bonds are signaling for this summer after Monday's sharp rout</p>\n<p>\"Incredibly, we haven't seen as much as a 5% pullback since October,\" Detrick said, while pointing out the average year since 1950 has recorded three separate S&amp;P 500 retreats of 5% or more, \"with not a single <a href=\"https://laohu8.com/S/AONE.U\">one</a> happening yet in 2021.\"</p>\n<p>\"This doesn't mean a 5% correction is directly around the corner, but note that most stocks are actually already down as much as 10% off their recent highs, suggesting the internals of the market are a tad weak and risk is higher than normal.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SH":"标普500反向ETF","XLF":"金融ETF","SPXU":"三倍做空标普500ETF","SSO":"两倍做多标普500ETF","IVV":"标普500指数ETF","SDS":"两倍做空标普500ETF","XLE":"SPDR能源指数ETF","OEF":"标普100指数ETF-iShares",".SPX":"S&P 500 Index","UPRO":"三倍做多标普500ETF","SPY":"标普500ETF","OEX":"标普100"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153408396","content_text":"Monday's market rout could serve as a good reminder that, yes, stocks can stumble when they trade near record territory.\nWhile the downward pressure on stocks, this time, has been fleeting, that doesn't necessarily mean the end of volatility for markets this summer, said Ryan Detrick, chief market strategist at LPL Financial, in a Wednesday note.\n\"From less stocks participating, to weak seasonality, to a lack of bears, to typical choppiness during year two of a bull market, the summer months could be ripe for an eventual pullback (down 5-9%) or even a 10% correction,\" Detrick wrote.\nThose were among the \"many reasons\" why after a more than 90% rally, he thinks the S&P 500 index \"could finally be ready for a break,\" particularly when it comes to the often difficult months of August and September.\nThis chart shows average monthly returns for the S&P 500 in August and September, since 1950, have been largely negative, when looking over different stretches of time.\nThe study includes the modern S&P 500 index, launched in 1957, but also performance of the S&P 90, its predecessor index.\nHistorically, the chart also shows that April, July and November tend to be the best months for S&P 500 returns.\nBut despite a bruising Monday, the S&P 500 was up 0.7% on the week through Wednesday, while the Dow Jones Industrial Average was 0.3% higher for the same stretch, as investors snapped up beaten down shares in the energy $(XLE)$ and financial $(XLF)$ sectors.\nRead: What junk bonds are signaling for this summer after Monday's sharp rout\n\"Incredibly, we haven't seen as much as a 5% pullback since October,\" Detrick said, while pointing out the average year since 1950 has recorded three separate S&P 500 retreats of 5% or more, \"with not a single one happening yet in 2021.\"\n\"This doesn't mean a 5% correction is directly around the corner, but note that most stocks are actually already down as much as 10% off their recent highs, suggesting the internals of the market are a tad weak and risk is higher than normal.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":411,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146186232,"gmtCreate":1626059236626,"gmtModify":1703752545518,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/146186232","repostId":"2150076873","repostType":4,"repost":{"id":"2150076873","pubTimestamp":1626058200,"share":"https://www.laohu8.com/m/news/2150076873?lang=&edition=full","pubTime":"2021-07-12 10:50","market":"us","language":"en","title":"A Stock Market Crash Is Coming: 3 Top Stocks to Buy When It Happens","url":"https://stock-news.laohu8.com/highlight/detail?id=2150076873","media":"Motley Fool","summary":"The next crash is a matter of when, not if. When it hits, you may want to pounce on these stocks.","content":"<p>Stock market crashes tend to be painful, but they also create chances to invest in great companies at huge discounts. Nabbing the right stocks when these opportunities arise can be a path to life-changing returns.</p>\n<p>With that in mind, a panel of Motley Fool contributors has identified three stocks that are worth going big on when the next crash hits. Read on to see why these companies top their \"buy lists\" for the next time the stock market goes on sale.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F633163%2Fcharts-and-numbers-over-a-hundred-dollar-bill.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"453\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>CrowdStrike Holdings</h3>\n<p><b>Keith Noonan:&nbsp;CrowdStrike&nbsp;</b>(NASDAQ:CRWD) provides cloud-based cybersecurity services that help prevent devices including laptops, mobile hardware, and servers from being exploited by hackers and other bad actors. The company, a leader in its corner of the industry, has a strong outlook for growth even if overall economic conditions should weaken.</p>\n<p>The cybersecurity specialist has already been growing at a rapid clip, managing to increase its revenue 70% year over year last quarter and 82% in the last fiscal year. Impressive sales momentum has helped push CrowdStrike's share price up over 130% over the last 12 months, and the company looks poised to benefit from strong-demand tailwinds through the next decade and beyond.</p>\n<p>As business and communications are increasingly carried out through digital channels, the risks and damages caused by cyberattacks are soaring. Cybersecurity services will only become increasingly important as bad actors have rising incentives to exploit vulnerabilities and gain access to network systems, and CrowdStrike's AI-powered software is providing best-in-class solutions. The company's Falcon platform learns from each new threat that it encounters, creating a service that offers improving value for customers.</p>\n<p>Valued at roughly $59 billion and trading at approximately 43 times this year's expected sales, CrowdStrike has a highly growth-dependent valuation. That suggests the stock could be primed for a substantial pullback when the next market crash rolls around. But demand for the company's service expertise should remain pretty healthy and help the stock bounce back and reach new heights.</p>\n<h3><b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b></h3>\n<p><b>Jamal Carnette: </b>Big Tech's relationship with Washington lawmakers can best be classified as \"it's complicated.\" Just a few years ago politicians were trumpeting the \"new economy\"; now companies like <b>Facebook</b> (NASDAQ:FB) are firmly in DC's crosshairs. Last month, the House of Representatives voted on six bills designed to regulate the tech industry.</p>\n<p>Understandably, Facebook investors are worried about increased regulatory and legal risk, but proper perspective is warranted. Generally, less than 5% of all bills become laws, and most tend to be less impactful than the initial versions. Additionally, Facebook will have the ability to fight legislation through the court system. Recently, it did just that and scored a win against the Federal Trade Commission.</p>\n<p>Facebook is primed for growth. Last year grew revenue 22% as the pandemic slammed digital advertisers from the travel and leisure industries. The overall digital-marketing industry grew 7%. This year, the industry expects growth rates three times last year's figure, which will disproportionally benefit Facebook and <b>Alphabet</b>, and both will continue to win share by growing at higher rates than the overall market.</p>\n<p>Despite its recent performance, Facebook stock still trades at a reasonable valuation. Currently, shares trade at 29.6 times earnings versus 27.3 times from the greater <b>S&amp;P 500</b>. The price/earnings-to-growth (PEG) ratio -- which factors in the expected earnings growth to the figures above -- is 1.2, a figure in value stock territory. When a crash comes, investors should use the opportunity to pick up Facebook shares on the cheap.</p>\n<h3>The Trade Desk</h3>\n<p><b>Jason Hall:</b> It's been an incredible run for <b>The Trade Desk</b> (NASDAQ:TTD) investors, with the ad-tech stock generating almost 2,500% in total returns since going public less than five years ago.</p>\n<p>Yet even with this incredible run, I expect that The Trade Desk will continue to deliver market-beating returns for years to come as more and more advertising dollars shift away from linear TV and other platforms and move to programmatic ad platforms.&nbsp;And that's a huge tailwind for the company, which is partnered with some of the world's largest ad agencies, positioning it for plenty more growth to come.</p>\n<p>On the other side of the coin, The Trade Desk has been and is likely to remain a&nbsp;<i>very&nbsp;</i>volatile stock. We saw this play out to the extreme during the 2020 coronavirus crash when shares plummeted more than 50% in less than two months:</p>\n<p><img src=\"https://static.tigerbbs.com/3765fe7042929f5eecdc9cc10d7ac51f\" tg-width=\"720\" tg-height=\"433\" referrerpolicy=\"no-referrer\"></p>\n<p>TTD data by YCharts</p>\n<p>As the chart above shows, it's not uncommon for The Trade Desk stock to fall more than 30% from its recent high; shares are actually still down about 20% from the recent high as of this writing.</p>\n<p>Add it all up, and The Trade Desk is a great growth stock because of its prospects. But it's also <a href=\"https://laohu8.com/S/AONE\">one</a> that's worth adding to your portfolio over time when Mr. Market gives you opportunities to buy. There's a very good chance that the next market crash will prove to be <a href=\"https://laohu8.com/S/AONE.U\">one</a> of those&nbsp; opportunities.</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>A Stock Market Crash Is Coming: 3 Top Stocks to Buy When It Happens</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\">\nA Stock Market Crash Is Coming: 3 Top Stocks to Buy When It Happens\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-12 10:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/11/a-stock-market-crash-is-coming-3-top-stocks-to-buy/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock market crashes tend to be painful, but they also create chances to invest in great companies at huge discounts. Nabbing the right stocks when these opportunities arise can be a path to life-...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/11/a-stock-market-crash-is-coming-3-top-stocks-to-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRWD":"CrowdStrike Holdings, Inc.","TTD":"Trade Desk Inc."},"source_url":"https://www.fool.com/investing/2021/07/11/a-stock-market-crash-is-coming-3-top-stocks-to-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2150076873","content_text":"Stock market crashes tend to be painful, but they also create chances to invest in great companies at huge discounts. Nabbing the right stocks when these opportunities arise can be a path to life-changing returns.\nWith that in mind, a panel of Motley Fool contributors has identified three stocks that are worth going big on when the next crash hits. Read on to see why these companies top their \"buy lists\" for the next time the stock market goes on sale.\n\nImage source: Getty Images.\nCrowdStrike Holdings\nKeith Noonan: CrowdStrike (NASDAQ:CRWD) provides cloud-based cybersecurity services that help prevent devices including laptops, mobile hardware, and servers from being exploited by hackers and other bad actors. The company, a leader in its corner of the industry, has a strong outlook for growth even if overall economic conditions should weaken.\nThe cybersecurity specialist has already been growing at a rapid clip, managing to increase its revenue 70% year over year last quarter and 82% in the last fiscal year. Impressive sales momentum has helped push CrowdStrike's share price up over 130% over the last 12 months, and the company looks poised to benefit from strong-demand tailwinds through the next decade and beyond.\nAs business and communications are increasingly carried out through digital channels, the risks and damages caused by cyberattacks are soaring. Cybersecurity services will only become increasingly important as bad actors have rising incentives to exploit vulnerabilities and gain access to network systems, and CrowdStrike's AI-powered software is providing best-in-class solutions. The company's Falcon platform learns from each new threat that it encounters, creating a service that offers improving value for customers.\nValued at roughly $59 billion and trading at approximately 43 times this year's expected sales, CrowdStrike has a highly growth-dependent valuation. That suggests the stock could be primed for a substantial pullback when the next market crash rolls around. But demand for the company's service expertise should remain pretty healthy and help the stock bounce back and reach new heights.\nFacebook\nJamal Carnette: Big Tech's relationship with Washington lawmakers can best be classified as \"it's complicated.\" Just a few years ago politicians were trumpeting the \"new economy\"; now companies like Facebook (NASDAQ:FB) are firmly in DC's crosshairs. Last month, the House of Representatives voted on six bills designed to regulate the tech industry.\nUnderstandably, Facebook investors are worried about increased regulatory and legal risk, but proper perspective is warranted. Generally, less than 5% of all bills become laws, and most tend to be less impactful than the initial versions. Additionally, Facebook will have the ability to fight legislation through the court system. Recently, it did just that and scored a win against the Federal Trade Commission.\nFacebook is primed for growth. Last year grew revenue 22% as the pandemic slammed digital advertisers from the travel and leisure industries. The overall digital-marketing industry grew 7%. This year, the industry expects growth rates three times last year's figure, which will disproportionally benefit Facebook and Alphabet, and both will continue to win share by growing at higher rates than the overall market.\nDespite its recent performance, Facebook stock still trades at a reasonable valuation. Currently, shares trade at 29.6 times earnings versus 27.3 times from the greater S&P 500. The price/earnings-to-growth (PEG) ratio -- which factors in the expected earnings growth to the figures above -- is 1.2, a figure in value stock territory. When a crash comes, investors should use the opportunity to pick up Facebook shares on the cheap.\nThe Trade Desk\nJason Hall: It's been an incredible run for The Trade Desk (NASDAQ:TTD) investors, with the ad-tech stock generating almost 2,500% in total returns since going public less than five years ago.\nYet even with this incredible run, I expect that The Trade Desk will continue to deliver market-beating returns for years to come as more and more advertising dollars shift away from linear TV and other platforms and move to programmatic ad platforms. And that's a huge tailwind for the company, which is partnered with some of the world's largest ad agencies, positioning it for plenty more growth to come.\nOn the other side of the coin, The Trade Desk has been and is likely to remain a very volatile stock. We saw this play out to the extreme during the 2020 coronavirus crash when shares plummeted more than 50% in less than two months:\n\nTTD data by YCharts\nAs the chart above shows, it's not uncommon for The Trade Desk stock to fall more than 30% from its recent high; shares are actually still down about 20% from the recent high as of this writing.\nAdd it all up, and The Trade Desk is a great growth stock because of its prospects. But it's also one that's worth adding to your portfolio over time when Mr. Market gives you opportunities to buy. There's a very good chance that the next market crash will prove to be one of those  opportunities.","news_type":1},"isVote":1,"tweetType":1,"viewCount":185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144399377,"gmtCreate":1626266162999,"gmtModify":1703756640003,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Everyday i see amc price drop by $2-3, how long can the price drop","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Everyday i see amc price drop by $2-3, how long can the price drop","text":"$AMC Entertainment(AMC)$Everyday i see amc price drop by $2-3, how long can the price drop","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/144399377","isVote":1,"tweetType":1,"viewCount":702,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":143629267,"gmtCreate":1625792499059,"gmtModify":1703748591595,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Yay! Lucky did not sold and ita giving me a surprise always!&nbsp;","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Yay! Lucky did not sold and ita giving me a surprise always!&nbsp;","text":"$AMC Entertainment(AMC)$Yay! Lucky did not sold and ita giving me a surprise always!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/143629267","isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171926840,"gmtCreate":1626703223680,"gmtModify":1703763662554,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/.DJI\">$DJIA(.DJI)$</a>Correction?","listText":"<a href=\"https://laohu8.com/S/.DJI\">$DJIA(.DJI)$</a>Correction?","text":"$DJIA(.DJI)$Correction?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/171926840","isVote":1,"tweetType":1,"viewCount":818,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142152242,"gmtCreate":1626138046386,"gmtModify":1703754030111,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/02618\">$JD LOGISTICS(02618)$</a>:(","listText":"<a href=\"https://laohu8.com/S/02618\">$JD LOGISTICS(02618)$</a>:(","text":"$JD LOGISTICS(02618)$:(","images":[{"img":"https://static.tigerbbs.com/bfcb2b0ca5814c791d545f76ca981672","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/142152242","isVote":1,"tweetType":1,"viewCount":159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":143626439,"gmtCreate":1625792646321,"gmtModify":1703748597786,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Stay! Woohoo","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Stay! Woohoo","text":"$AMC Entertainment(AMC)$Stay! Woohoo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/143626439","isVote":1,"tweetType":1,"viewCount":135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171926575,"gmtCreate":1626703245897,"gmtModify":1703763662716,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ohnooo","listText":"Ohnooo","text":"Ohnooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/171926575","repostId":"1143265655","repostType":4,"repost":{"id":"1143265655","pubTimestamp":1626702580,"share":"https://www.laohu8.com/m/news/1143265655?lang=&edition=full","pubTime":"2021-07-19 21:49","market":"us","language":"en","title":"AMC fell nearly 9% in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1143265655","media":"Motley Fool","summary":"(July 19) AMC fell nearly 9% in morning trading. Is There Any Hope Left for AMC Entertainment Stock?","content":"<p>(July 19)&nbsp;AMC fell nearly 9% in morning trading.&nbsp;Is There Any Hope Left for AMC Entertainment Stock?</p>\n<p><img src=\"https://static.tigerbbs.com/c568be01ed9cf916d7a574a56c1e7402\" tg-width=\"642\" tg-height=\"460\" referrerpolicy=\"no-referrer\"></p>\n<blockquote>\n The company's short squeeze is rapidly losing momentum.\n</blockquote>\n<p><b>Key Points</b></p>\n<ul>\n <li>AMC may not have enough cash to fund research and development efforts to compete with movie-streaming services.</li>\n <li>The spread of more contagious variants of the coronavirus could thwart theater traffic and offset rising demand from movie backlogs.</li>\n</ul>\n<p></p>\n<p>The traders of Reddit's Wall Street Bets community shocked the investment world this year by bidding up<b>AMC Entertainment</b>(NYSE:AMC), sending shares higher by nearly 3,000% at one point. However, at Friday's prices, the stock was down more than 40% from its June highs.</p>\n<p>Many traders held a \"buy first, ask questions later\" mentality when opening up a stake. But now, the time for questions has come.Can AMC deliversustained growthover the long term?</p>\n<p><b>Upcoming catalysts</b></p>\n<p>The COVID-19 pandemic has created a massive backlog of unreleased films. Production delays have played a role, but studio executives have also postponed releases until theaters reopened to maximize revenue. Over the next year, a number of big franchises will have new installments, including<i>Jurassic Park</i>,<i>Batman</i>,<i>Transformers</i>,<i>John Wick</i>,<i>Avatar</i>,<i>Indiana Jones</i>,<i>Mission</i><i>Impossible</i>, and Marvel. Keep in mind that AMC is the largest theater chain in the country, with over 60% market share. So there's no doubt there would be an impressive boost to the company's bottom line when these movies hit the theaters (keep in mind that AMC's business wasn't consistently profitable before COVID, so even a blockbuster year may not be a sure thing).</p>\n<p>In addition, AMC may have been saved simply by the efforts of Reddit traders to boost the stock. Thanks to a high stock price, AMC raised $1.246 billion in cash via equity offerings in the second quarter alone. That increased its total liquidity to over $2 billion, against $5.5 billion of long-term debt.</p>\n<p>If AMC used the cash to pay back debt, then the return on investment would be immediate (we'll have to wait until second-quarter earnings on Aug. 5 to learn more). The average interest rate of AMC's debt exceeds 10%, and interest payments outweighed total revenue in the first quarter. Moreover, Adam Aron, the company's CEO, announced on July 6 that he would scrap a plan to issue 25 million additional shares. Aron does not anticipate any other stock offerings in 2021, which suggests the company believes its turnaround is on track. The company is acting as if it believes it has enough cash to execute its plans for now.</p>\n<p><b>Upcoming inhibitors</b></p>\n<p>A major risk ahead for AMC is the spread of the delta and lambda coronavirus variants in the country. Moviegoers may be inclined to stay at home and watch new releases on streaming services instead, especially when it comes to new releases available to both channels. As a result, don't expect the company's traffic to rebound to pre-pandemic levels anytime soon.</p>\n<p>In addition, it's not clear yet how the company could sustain its growth or earnings in the long term. After the movie backlog clears up, AMC would be competing with multiple movie-streaming services and home-entertainment enthusiasts for traffic. But it can't spare much cash for the sake of innovation; the company still needs to generate cash flow to pay off its ballooning debt stack. On top of that, it still owes $400 million in rent to theater landlords due to the lockdowns in the past year.</p>\n<p><b>The missing element</b></p>\n<p>The problem of achieving innovation is a big one in the long run, and AMC is stuck in a catch-22. There isn't anything stopping AMC from launching a paid subscription streaming service for new movies. However, that will inevitably cannibalize revenue from its theaters, leading to a net-zero outcome.</p>\n<p>Offering a subscription pass to its theaters wouldn't really work either. MoviePass had already attempted that. To match the value proposition of streaming services, the company had to price its pass at $10 per month, resulting in staggering losses before it went bankrupt.</p>\n<p>But the biggest killer of AMC's prospects going forward is probably a combination of 5G and synchronized viewing. For example, the social community platform Discord allows its users to stream movies via its screen-share feature. While the movie plays, users are free to talk with each other, eat their own food, and otherwise enjoy the experience in ways that might be taboo in an actual theatre.</p>\n<p>With the rise of 5G, folks can watch movies via screen sharing just about anywhere. Bored while swimming in the lake? Just boot up your phone and watch a movie stream with friends. The best part is that the activity is free; intellectual property laws haven't caught on to the innovation yet, resulting in a grey area. At the end of the day, it would be extremely difficult for AMC to compete with these \"mini-virtual theaters\" where patrons can watch from anywhere and do whatever they like while watching.</p>\n<p><b>The verdict</b></p>\n<p>Since its inception, AMC has lost a cumulative $5.9 billion, and that number is growing. Investors should note that aside from another near-term spike/short squeeze, there are not many fundamentals backing the company's long-term prospects. In addition, its inability to devote cash to innovation will almost guarantee more revenue and bottom-line woes in the long run. That's on top of its inability to compete with peer-to-peer synchronized movie-viewing experiences. At a forward-looking price-to-sales (P/S) ratio over 8, AMC stock looks incredibly expensive for a company that could yet fall off another cliff in terms of growth. Long-term investors looking forways to profit from the reopening economyshould stay away.</p>\n<p></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>AMC fell nearly 9% in morning trading</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\">\nAMC fell nearly 9% in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-19 21:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/17/is-there-any-hope-left-for-amc-entertainment-stock/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(July 19) AMC fell nearly 9% in morning trading. Is There Any Hope Left for AMC Entertainment Stock?\n\n\n The company's short squeeze is rapidly losing momentum.\n\nKey Points\n\nAMC may not have enough ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/17/is-there-any-hope-left-for-amc-entertainment-stock/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/07/17/is-there-any-hope-left-for-amc-entertainment-stock/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143265655","content_text":"(July 19) AMC fell nearly 9% in morning trading. Is There Any Hope Left for AMC Entertainment Stock?\n\n\n The company's short squeeze is rapidly losing momentum.\n\nKey Points\n\nAMC may not have enough cash to fund research and development efforts to compete with movie-streaming services.\nThe spread of more contagious variants of the coronavirus could thwart theater traffic and offset rising demand from movie backlogs.\n\n\nThe traders of Reddit's Wall Street Bets community shocked the investment world this year by bidding upAMC Entertainment(NYSE:AMC), sending shares higher by nearly 3,000% at one point. However, at Friday's prices, the stock was down more than 40% from its June highs.\nMany traders held a \"buy first, ask questions later\" mentality when opening up a stake. But now, the time for questions has come.Can AMC deliversustained growthover the long term?\nUpcoming catalysts\nThe COVID-19 pandemic has created a massive backlog of unreleased films. Production delays have played a role, but studio executives have also postponed releases until theaters reopened to maximize revenue. Over the next year, a number of big franchises will have new installments, includingJurassic Park,Batman,Transformers,John Wick,Avatar,Indiana Jones,MissionImpossible, and Marvel. Keep in mind that AMC is the largest theater chain in the country, with over 60% market share. So there's no doubt there would be an impressive boost to the company's bottom line when these movies hit the theaters (keep in mind that AMC's business wasn't consistently profitable before COVID, so even a blockbuster year may not be a sure thing).\nIn addition, AMC may have been saved simply by the efforts of Reddit traders to boost the stock. Thanks to a high stock price, AMC raised $1.246 billion in cash via equity offerings in the second quarter alone. That increased its total liquidity to over $2 billion, against $5.5 billion of long-term debt.\nIf AMC used the cash to pay back debt, then the return on investment would be immediate (we'll have to wait until second-quarter earnings on Aug. 5 to learn more). The average interest rate of AMC's debt exceeds 10%, and interest payments outweighed total revenue in the first quarter. Moreover, Adam Aron, the company's CEO, announced on July 6 that he would scrap a plan to issue 25 million additional shares. Aron does not anticipate any other stock offerings in 2021, which suggests the company believes its turnaround is on track. The company is acting as if it believes it has enough cash to execute its plans for now.\nUpcoming inhibitors\nA major risk ahead for AMC is the spread of the delta and lambda coronavirus variants in the country. Moviegoers may be inclined to stay at home and watch new releases on streaming services instead, especially when it comes to new releases available to both channels. As a result, don't expect the company's traffic to rebound to pre-pandemic levels anytime soon.\nIn addition, it's not clear yet how the company could sustain its growth or earnings in the long term. After the movie backlog clears up, AMC would be competing with multiple movie-streaming services and home-entertainment enthusiasts for traffic. But it can't spare much cash for the sake of innovation; the company still needs to generate cash flow to pay off its ballooning debt stack. On top of that, it still owes $400 million in rent to theater landlords due to the lockdowns in the past year.\nThe missing element\nThe problem of achieving innovation is a big one in the long run, and AMC is stuck in a catch-22. There isn't anything stopping AMC from launching a paid subscription streaming service for new movies. However, that will inevitably cannibalize revenue from its theaters, leading to a net-zero outcome.\nOffering a subscription pass to its theaters wouldn't really work either. MoviePass had already attempted that. To match the value proposition of streaming services, the company had to price its pass at $10 per month, resulting in staggering losses before it went bankrupt.\nBut the biggest killer of AMC's prospects going forward is probably a combination of 5G and synchronized viewing. For example, the social community platform Discord allows its users to stream movies via its screen-share feature. While the movie plays, users are free to talk with each other, eat their own food, and otherwise enjoy the experience in ways that might be taboo in an actual theatre.\nWith the rise of 5G, folks can watch movies via screen sharing just about anywhere. Bored while swimming in the lake? Just boot up your phone and watch a movie stream with friends. The best part is that the activity is free; intellectual property laws haven't caught on to the innovation yet, resulting in a grey area. At the end of the day, it would be extremely difficult for AMC to compete with these \"mini-virtual theaters\" where patrons can watch from anywhere and do whatever they like while watching.\nThe verdict\nSince its inception, AMC has lost a cumulative $5.9 billion, and that number is growing. Investors should note that aside from another near-term spike/short squeeze, there are not many fundamentals backing the company's long-term prospects. In addition, its inability to devote cash to innovation will almost guarantee more revenue and bottom-line woes in the long run. That's on top of its inability to compete with peer-to-peer synchronized movie-viewing experiences. At a forward-looking price-to-sales (P/S) ratio over 8, AMC stock looks incredibly expensive for a company that could yet fall off another cliff in terms of growth. Long-term investors looking forways to profit from the reopening economyshould stay away.","news_type":1},"isVote":1,"tweetType":1,"viewCount":306,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172923244,"gmtCreate":1626928654788,"gmtModify":1703480782725,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Xpeng seems to raise alot alot","listText":"Xpeng seems to raise alot alot","text":"Xpeng seems to raise alot alot","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/172923244","repostId":"2153123625","repostType":4,"repost":{"id":"2153123625","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":1626920092,"share":"https://www.laohu8.com/m/news/2153123625?lang=&edition=full","pubTime":"2021-07-22 10:14","market":"hk","language":"en","title":"Xpeng's Hong Kong shares hit new high on joining Hang Seng indexes","url":"https://stock-news.laohu8.com/highlight/detail?id=2153123625","media":"Reuters","summary":"** Hong Kong shares of Chinese electric-car maker Xpeng Inc rise 6.6% to HK$172.40, their highest si","content":"<p>** Hong Kong shares of Chinese electric-car maker Xpeng Inc&nbsp;rise 6.6% to HK$172.40, their highest since listing on July 7, and on course for fifth consecutive session of gains</p>\n<p>** Stock, sixth biggest percentage gainer in the Hang Seng Composite Index , set for best day since listing</p>\n<p>** Xpeng meets the Fast Entry Rule and joins the Hang Seng Composite Index and Hang Seng Consumer Goods &amp; Services Index from July 21</p>\n<p>** China's e-commerce major Alibaba Group takes long position in Xpeng, buying 191.9 mln, or 14.97%, of the company's Hong Kong shares, filing shows</p>\n<p>** The Hong Kong Hang Seng consumer goods and services index&nbsp;climbs 1.02% and the Hang Seng Composite Index jumps 1.5%</p>\n<p>** The Hang Seng China Enterprises Index rises 1.6% and the benchmark index gains 1.7%</p>\n<p></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>Xpeng's Hong Kong shares hit new high on joining Hang Seng indexes</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\">\nXpeng's Hong Kong shares hit new high on joining Hang Seng indexes\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\">2021-07-22 10:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>** Hong Kong shares of Chinese electric-car maker Xpeng Inc&nbsp;rise 6.6% to HK$172.40, their highest since listing on July 7, and on course for fifth consecutive session of gains</p>\n<p>** Stock, sixth biggest percentage gainer in the Hang Seng Composite Index , set for best day since listing</p>\n<p>** Xpeng meets the Fast Entry Rule and joins the Hang Seng Composite Index and Hang Seng Consumer Goods &amp; Services Index from July 21</p>\n<p>** China's e-commerce major Alibaba Group takes long position in Xpeng, buying 191.9 mln, or 14.97%, of the company's Hong Kong shares, filing shows</p>\n<p>** The Hong Kong Hang Seng consumer goods and services index&nbsp;climbs 1.02% and the Hang Seng Composite Index jumps 1.5%</p>\n<p>** The Hang Seng China Enterprises Index rises 1.6% and the benchmark index gains 1.7%</p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","09868":"小鹏汽车-W","XPEV":"小鹏汽车","BABA":"阿里巴巴","09988":"阿里巴巴-SW"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153123625","content_text":"** Hong Kong shares of Chinese electric-car maker Xpeng Inc rise 6.6% to HK$172.40, their highest since listing on July 7, and on course for fifth consecutive session of gains\n** Stock, sixth biggest percentage gainer in the Hang Seng Composite Index , set for best day since listing\n** Xpeng meets the Fast Entry Rule and joins the Hang Seng Composite Index and Hang Seng Consumer Goods & Services Index from July 21\n** China's e-commerce major Alibaba Group takes long position in Xpeng, buying 191.9 mln, or 14.97%, of the company's Hong Kong shares, filing shows\n** The Hong Kong Hang Seng consumer goods and services index climbs 1.02% and the Hang Seng Composite Index jumps 1.5%\n** The Hang Seng China Enterprises Index rises 1.6% and the benchmark index gains 1.7%","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171928853,"gmtCreate":1626703193872,"gmtModify":1703763660415,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Why dipppp","listText":"Why dipppp","text":"Why dipppp","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/171928853","repostId":"1146536243","repostType":4,"repost":{"id":"1146536243","pubTimestamp":1626683272,"share":"https://www.laohu8.com/m/news/1146536243?lang=&edition=full","pubTime":"2021-07-19 16:27","market":"us","language":"en","title":"Morgan Stanley: This Cycle Will Be \"Hotter But Shorter\" Than Usual","url":"https://stock-news.laohu8.com/highlight/detail?id=1146536243","media":"zerohedge","summary":"This cycle is unusual. Most 'normal' cycles are. We think that the recovery is sustainable and more likely to be ‘hotter and shorter’. Sell Treasuries and trust the expansion.","content":"<p>We think that this economic cycle will be normal, strong and short. Each of these assumptions is being hotly debated by the market. Each is key to our investment strategy.</p>\n<p>The debate over cycle 'normalcy' is self-explanatory. The pandemic created, without exaggeration, the single sharpest decline in output in recorded history. Then activity raced back, helped by policy support. The case for viewing this situation as unique, and distinct from other cyclical experiences, is based on the view that a fall and rise this violent never allowed for a traditional 'reset'.</p>\n<p>But 'normal' in markets is a funny concept, with the rough edges of memory often smoothed and polished by the passage of time. The cycle of 2003-07 ended with the largest banking and housing crisis since the Great Depression. The cycle of 1992-2000 ended with the bursting of an enormous equity bubble, widespread accounting fraud and unspeakable tragedy. 'Normal' cycles are nice in theory, harder in practice.</p>\n<p>Instead, let’s consider why we use the term ‘cycle’ at all. Economies and markets tend to follow cyclical patterns, patterns that tend to show up in market performance. It is those patterns we care about, and if they still apply, they can provide a useful guide in uncertain terrain.</p>\n<p>Was last year’s recession preceded by late-cycle conditions such as an inverted yield curve, low volatility, low unemployment, high consumer confidence and narrowing equity market breadth? It was. Did the resulting troughs in equities, credit, yields and yield curves match the usual cadence between market and economic lows? They did. And were the leaders of the ensuing rally the usual early-cycle winners, like small and cyclical stocks, high yield credit and industrial metals? They were.</p>\n<p>If it walks like a duck and quacks like a duck, we think that it’s a normal cycle. Or as normal as these things realistically are.&nbsp;If a lot of 'normal' cycle behavior has played out so far, it should&nbsp;<i>continue</i>&nbsp;to do so.</p>\n<p>Specifically, this relates to patterns of performance as the market recovers. And as that recovery advances, those patterns should shift. As noted by my colleague Michael Wilson, we think that we are moving to a mid-cycle market, despite being just 16 months removed from the lows of economic activity. We see a number of similarities between current conditions and 1H04, a mid-cycle period that followed a large, reflationary rally. And importantly, despite recent fears about growth, we think that the global recovery will keep pushing on (see&nbsp;The Growth Scare Anniversary, July 11, 2021).</p>\n<p>Because one can always find an indicator that fits their particular cycle view, we’ve long been fans of a composite. That’s our ‘cycle model’, which combines ten US metrics across macro, the credit cycle and corporate aggression to gauge where we are in the market cycle. After moving into late-cycle ‘downturn’ in June 2019, and early-cycle ‘repair’ in April 2020, it’s rocketed higher.<b>It has risen so fast that it’s blown right past what should be the next phase ('recovery'), and moved right into ‘expansion’.</b></p>\n<p><img src=\"https://static.tigerbbs.com/41879c4f66b33597ee236bdd52841004\" tg-width=\"904\" tg-height=\"490\" referrerpolicy=\"no-referrer\">Thisis unusual. ‘Expansion’ is meant to capture conditions that are 'better than normal, and improving',<b>and since 1980, it has taken an average of 35 months to get there after 'downturn' ends</b>. Its speedy arrival speaks to a speedy recovery powered by enormous policy support.<b>It also hints at another possibility:&nbsp;this hotter cycle could be shorter.</b>This is our thesis, and it’s showing up in our quantitative measure.</p>\n<p>All this has a number of implications:</p>\n<ul>\n <li><b>The shorter the cycle, the worse for credit relative to other risky assets; credit enjoys fewer of the gains from the 'boom', is exposed if the next downturn is early, and faces more supply as corporate confidence increases</b>. In the ‘expansion’ phase of our cycle model, US IG and HY credit N12M excess returns are 29bp and 161bp worse than average, respectively.</li>\n <li><b>In many of those periods, more mixed credit performance occurs despite default rates remaining low</b>. Investors should try to take default risk over spread risk: our credit strategists like owning CDX HY 0-15%, and hedging with CDX IG payer spreads.</li>\n <li><b>In equities, we think that our model supports more balance in portfolios</b>. We like healthcare in both the US and Europe as a sector with several nice factor exposures: quality, low valuation, high carry and low volatility. Globally, equities in Europe and Japan have tended to outperform 'mid-cycle', and we think that they can do so again.</li>\n <li><b>Interest rates are too pessimistic on the recovery. US 10-year Treasury N12M returns are 97bp worse than average during the ‘expansion’ phase of our cycle model</b>. Guneet Dhingra and our US interest rate strategy team have moved underweight US 10-year Treasuries, and we in turn have moved back underweight government bonds in our global asset allocation.</li>\n</ul>\n<p>This cycle is unusual. Most 'normal' cycles are. We think that the recovery is sustainable and more likely to be ‘hotter and shorter’. Sell Treasuries and trust the expansion.</p>","source":"lsy1583725640930","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>Morgan Stanley: This Cycle Will Be \"Hotter But Shorter\" Than Usual</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\">\nMorgan Stanley: This Cycle Will Be \"Hotter But Shorter\" Than Usual\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-19 16:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/morgan-stanley-cycle-will-be-hotter-shorter-usual><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We think that this economic cycle will be normal, strong and short. Each of these assumptions is being hotly debated by the market. Each is key to our investment strategy.\nThe debate over cycle '...</p>\n\n<a href=\"https://www.zerohedge.com/markets/morgan-stanley-cycle-will-be-hotter-shorter-usual\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/morgan-stanley-cycle-will-be-hotter-shorter-usual","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146536243","content_text":"We think that this economic cycle will be normal, strong and short. Each of these assumptions is being hotly debated by the market. Each is key to our investment strategy.\nThe debate over cycle 'normalcy' is self-explanatory. The pandemic created, without exaggeration, the single sharpest decline in output in recorded history. Then activity raced back, helped by policy support. The case for viewing this situation as unique, and distinct from other cyclical experiences, is based on the view that a fall and rise this violent never allowed for a traditional 'reset'.\nBut 'normal' in markets is a funny concept, with the rough edges of memory often smoothed and polished by the passage of time. The cycle of 2003-07 ended with the largest banking and housing crisis since the Great Depression. The cycle of 1992-2000 ended with the bursting of an enormous equity bubble, widespread accounting fraud and unspeakable tragedy. 'Normal' cycles are nice in theory, harder in practice.\nInstead, let’s consider why we use the term ‘cycle’ at all. Economies and markets tend to follow cyclical patterns, patterns that tend to show up in market performance. It is those patterns we care about, and if they still apply, they can provide a useful guide in uncertain terrain.\nWas last year’s recession preceded by late-cycle conditions such as an inverted yield curve, low volatility, low unemployment, high consumer confidence and narrowing equity market breadth? It was. Did the resulting troughs in equities, credit, yields and yield curves match the usual cadence between market and economic lows? They did. And were the leaders of the ensuing rally the usual early-cycle winners, like small and cyclical stocks, high yield credit and industrial metals? They were.\nIf it walks like a duck and quacks like a duck, we think that it’s a normal cycle. Or as normal as these things realistically are. If a lot of 'normal' cycle behavior has played out so far, it should continue to do so.\nSpecifically, this relates to patterns of performance as the market recovers. And as that recovery advances, those patterns should shift. As noted by my colleague Michael Wilson, we think that we are moving to a mid-cycle market, despite being just 16 months removed from the lows of economic activity. We see a number of similarities between current conditions and 1H04, a mid-cycle period that followed a large, reflationary rally. And importantly, despite recent fears about growth, we think that the global recovery will keep pushing on (see The Growth Scare Anniversary, July 11, 2021).\nBecause one can always find an indicator that fits their particular cycle view, we’ve long been fans of a composite. That’s our ‘cycle model’, which combines ten US metrics across macro, the credit cycle and corporate aggression to gauge where we are in the market cycle. After moving into late-cycle ‘downturn’ in June 2019, and early-cycle ‘repair’ in April 2020, it’s rocketed higher.It has risen so fast that it’s blown right past what should be the next phase ('recovery'), and moved right into ‘expansion’.\nThisis unusual. ‘Expansion’ is meant to capture conditions that are 'better than normal, and improving',and since 1980, it has taken an average of 35 months to get there after 'downturn' ends. Its speedy arrival speaks to a speedy recovery powered by enormous policy support.It also hints at another possibility: this hotter cycle could be shorter.This is our thesis, and it’s showing up in our quantitative measure.\nAll this has a number of implications:\n\nThe shorter the cycle, the worse for credit relative to other risky assets; credit enjoys fewer of the gains from the 'boom', is exposed if the next downturn is early, and faces more supply as corporate confidence increases. In the ‘expansion’ phase of our cycle model, US IG and HY credit N12M excess returns are 29bp and 161bp worse than average, respectively.\nIn many of those periods, more mixed credit performance occurs despite default rates remaining low. Investors should try to take default risk over spread risk: our credit strategists like owning CDX HY 0-15%, and hedging with CDX IG payer spreads.\nIn equities, we think that our model supports more balance in portfolios. We like healthcare in both the US and Europe as a sector with several nice factor exposures: quality, low valuation, high carry and low volatility. Globally, equities in Europe and Japan have tended to outperform 'mid-cycle', and we think that they can do so again.\nInterest rates are too pessimistic on the recovery. US 10-year Treasury N12M returns are 97bp worse than average during the ‘expansion’ phase of our cycle model. Guneet Dhingra and our US interest rate strategy team have moved underweight US 10-year Treasuries, and we in turn have moved back underweight government bonds in our global asset allocation.\n\nThis cycle is unusual. Most 'normal' cycles are. We think that the recovery is sustainable and more likely to be ‘hotter and shorter’. Sell Treasuries and trust the expansion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145227927,"gmtCreate":1626226676569,"gmtModify":1703755868389,"author":{"id":"3577405401653046","authorId":"3577405401653046","name":"YJJJJ","avatar":"https://static.tigerbbs.com/fb972e7197c5c97153beaf02f46a2cb1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$</a>Why drop","listText":"<a href=\"https://laohu8.com/S/C38U.SI\">$CapLand IntCom T(C38U.SI)$</a>Why drop","text":"$CapLand IntCom T(C38U.SI)$Why 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