Benly8 personal page - To The Moon

Benly8

Benly8

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2023-07-24

Great choices as always!! Huat!

@koolgal:The Winners In My 2023 Midyear Recap

2023-06-16

I think u missed the boat

Sorry, the original content has been removed

2023-05-04

Good read

@OptionsTracker:Hot stocks covered call reference [May 3]

2023-05-02

Context logic wrong move to consolidate.. meaning more room to drop for them.

Sorry, the original content has been removed

2023-04-19

Jump to the top! It's very easy, just be patient

2023-04-17

Try at the Easter hunt!

2023-04-14

Go go jump up to the sky

2023-04-13

Let's play the Easter hunt together and win great prizes!!

2023-04-12

Addictive game, I need more lives

2023-04-11

Time to earn more points!

2023-04-10

This is a great Easter event to win great prizes!

2023-04-09

Great event to win great rewards!

2023-04-06

Collect more eggs and win!

2023-04-05

Let's hop into great wealth!

@TigerEvents:【Game】Easter Egg Hunting with Tiger, Win Disney Shares and USD 120 Voucher

2023-04-05

Tiger always give nice rewards

2023-01-04

Singapore is out of the AFC with a demoralizing defeat to our fierciest rivals. Dissappointing but Malaysia truely is a better team on the pitch.

2022-12-27

Still time to join the football game to earn points!

@TigerEvents:Join Tiger's Football Season, share the prizes worth up to US$200,000

2022-11-14

Realistic target?

Tesla: Laying Out The $4.5 Trillion Target

2022-09-11

RIP her majesty

She Was the Best of Us

2022-09-11

If only everything goes with the history

A Strong Market Rally Could Be Just Weeks Away If the U.S. Midterm Elections Can Put Anxious Stock Investors at Ease

Go to Tiger App to see more news

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Huat!&nbsp;","listText":"Great choices as always!! Huat!&nbsp;","text":"Great choices as always!! Huat!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/201243036336360","repostId":"200836040917240","repostType":1,"repost":{"id":200836040917240,"gmtCreate":1690063046827,"gmtModify":1690080272086,"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","crmLevel":6,"crmLevelSwitch":1},"themes":[],"title":"The Winners In My 2023 Midyear Recap","htmlText":"🌟🌟🌟My primary goal in investing is FIRE - Financial Independence Retire Early.&nbsp; I seek to invest in a portfolio of shares in companies&nbsp;that have wide moats, have solid fundamentals and&nbsp;pay steady dividends which will provide me with a passive source of income so that I can be free to pursuit my travels around the world. 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My Satellite portfolio is my Tactical play on shares that are higher risk, more volati","images":[{"img":"https://community-static.tradeup.com/news/f2704a9c87ae35072a689685f5bbd87a","width":"1080","height":"2340"},{"img":"https://community-static.tradeup.com/news/08627e3cd4d09c7acc06b007e55c625b","width":"1080","height":"2340"},{"img":"https://community-static.tradeup.com/news/1b685ae0e0c2534d1bd773ee3085b854","width":"1080","height":"2340"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/200836040917240","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187855408562304,"gmtCreate":1686890951090,"gmtModify":1686890955043,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"I think u missed the boat&nbsp;","listText":"I think u missed the boat&nbsp;","text":"I think u missed the boat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187855408562304","repostId":"2343707901","repostType":4,"isVote":1,"tweetType":1,"viewCount":323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947203131,"gmtCreate":1683140046123,"gmtModify":1683140050178,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Good read&nbsp;","listText":"Good read&nbsp;","text":"Good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947203131","repostId":"9947640049","repostType":1,"repost":{"id":9947640049,"gmtCreate":1683111619000,"gmtModify":1703674835886,"author":{"id":"3527667592269412","authorId":"3527667592269412","name":"OptionsTracker","avatar":"https://static.tigerbbs.com/e3f1f839aad7a15f602f3f42eaad51af","crmLevel":1,"crmLevelSwitch":0},"themes":[],"title":"Hot stocks covered call  reference [May 3]","htmlText":"Selling covered call options (sell covered call) is a strategy adopted by many large funds. 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This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time. Income comparison Assume that investors hold 200 shares of Amazon from January 1 to December 17, 2021 If there is no operation during the holding period, the final total assets will be USD 675,484 If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, ano","text":"Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it. This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time. Income comparison Assume that investors hold 200 shares of Amazon from January 1 to December 17, 2021 If there is no operation during the holding period, the final total assets will be USD 675,484 If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, ano","images":[{"img":"https://static.tigerbbs.com/1be4ad594d709020d91c8496e1f9e7c9"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947640049","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947634325,"gmtCreate":1683039578468,"gmtModify":1683039582508,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Context logic wrong move to consolidate.. meaning more room to drop for them.","listText":"Context logic wrong move to consolidate.. meaning more room to drop for them.","text":"Context logic wrong move to consolidate.. meaning more room to drop for them.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947634325","repostId":"1187279282","repostType":2,"isVote":1,"tweetType":1,"viewCount":219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944588344,"gmtCreate":1681915620489,"gmtModify":1681915623672,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Jump to the top! It's very easy, just be patient&nbsp;","listText":"Jump to the top! It's very easy, just be patient&nbsp;","text":"Jump to the top! It's very easy, just be patient","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944588344","isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944989988,"gmtCreate":1681664638545,"gmtModify":1681664642405,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Try at the Easter hunt!","listText":"Try at the Easter hunt!","text":"Try at the Easter hunt!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944989988","isVote":1,"tweetType":1,"viewCount":219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9945623033,"gmtCreate":1681459814423,"gmtModify":1681459819367,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Go go jump up to the sky","listText":"Go go jump up to the sky","text":"Go go jump up to the sky","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945623033","isVote":1,"tweetType":1,"viewCount":156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9945918057,"gmtCreate":1681347032679,"gmtModify":1681347036197,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Let's play the Easter hunt together and win great prizes!!","listText":"Let's play the Easter hunt together and win great prizes!!","text":"Let's play the Easter hunt together and win great prizes!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945918057","isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942534848,"gmtCreate":1681254284284,"gmtModify":1681254287830,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Addictive game, I need more lives&nbsp;","listText":"Addictive game, I need more lives&nbsp;","text":"Addictive game, I need more lives","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942534848","isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942604625,"gmtCreate":1681199301168,"gmtModify":1681199305137,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Time to earn more points!","listText":"Time to earn more points!","text":"Time to earn more points!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942604625","isVote":1,"tweetType":1,"viewCount":152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9946754500,"gmtCreate":1681061749000,"gmtModify":1681061752881,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"This is a great Easter event to win great prizes!","listText":"This is a great Easter event to win great prizes!","text":"This is a great Easter event to win great prizes!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9946754500","isVote":1,"tweetType":1,"viewCount":233,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9946213677,"gmtCreate":1680969939600,"gmtModify":1680969942423,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Great event to win great rewards!","listText":"Great event to win great rewards!","text":"Great event to win great rewards!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9946213677","isVote":1,"tweetType":1,"viewCount":104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9948419591,"gmtCreate":1680764553714,"gmtModify":1680764557542,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Collect more eggs and win!","listText":"Collect more eggs and win!","text":"Collect more eggs and win!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9948419591","isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9948610733,"gmtCreate":1680695713722,"gmtModify":1680695717183,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Let's hop into great wealth!","listText":"Let's hop into great wealth!","text":"Let's hop into great wealth!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9948610733","repostId":"9943960936","repostType":1,"repost":{"id":9943960936,"gmtCreate":1679046534725,"gmtModify":1680580626622,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/61ed9b39c6cbcdce6372edc1c0b48a2d","crmLevel":1,"crmLevelSwitch":0},"themes":[],"title":"【Game】Easter Egg Hunting with Tiger, Win Disney Shares and USD 120 Voucher","htmlText":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","listText":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","text":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣Join our Easter campaign now","images":[{"img":"https://community-static.tradeup.com/news/c90a7371a3bcd1e6c552d2aa23f72c33","width":"1200","height":"630"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943960936","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9948379991,"gmtCreate":1680634131414,"gmtModify":1680634135075,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Tiger always give nice rewards&nbsp;","listText":"Tiger always give nice rewards&nbsp;","text":"Tiger always give nice rewards","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":2,"link":"https://ttm.financial/post/9948379991","isVote":1,"tweetType":1,"viewCount":289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9950421299,"gmtCreate":1672813703212,"gmtModify":1676538741475,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Singapore is out of the AFC with a demoralizing defeat to our fierciest rivals. Dissappointing but Malaysia truely is a better team on the pitch.","listText":"Singapore is out of the AFC with a demoralizing defeat to our fierciest rivals. Dissappointing but Malaysia truely is a better team on the pitch.","text":"Singapore is out of the AFC with a demoralizing defeat to our fierciest rivals. Dissappointing but Malaysia truely is a better team on the pitch.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9950421299","isVote":1,"tweetType":1,"viewCount":197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9924084522,"gmtCreate":1672137679366,"gmtModify":1676538640204,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Still time to join the football game to earn points!","listText":"Still time to join the football game to earn points!","text":"Still time to join the football game to earn points!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9924084522","repostId":"9963969638","repostType":1,"repost":{"id":9963969638,"gmtCreate":1668567458425,"gmtModify":1677745765888,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/61ed9b39c6cbcdce6372edc1c0b48a2d","crmLevel":1,"crmLevelSwitch":0},"themes":[],"title":"Join Tiger's Football Season, share the prizes worth up to US$200,000","htmlText":"This year is the year of football, the Qatar World Cup, AFF championship, make the following days a big carnival for football fans all around the world!&nbsp;While you enjoy your football carnival, don't forget to join in Tiger's Football Season on Tiger Trade App, and share the prizes worth up to USD 200,000!Play the \"Perfect Goals\" game with us, and feel the score moment by only pressing the button.Keep completing the daily tasks and play the game, win more points to redeem stock vouchers worth up to USD 2,000 or AFF tickets, and the top prize - the free journey of watching the AFF finals!You can also predict a football match of the World Cup or AFF Championship, and cheer for your home team.Besides, you may obtain the Tiger Football Card by participating in the campaign every day.Goalke","listText":"This year is the year of football, the Qatar World Cup, AFF championship, make the following days a big carnival for football fans all around the world!&nbsp;While you enjoy your football carnival, don't forget to join in Tiger's Football Season on Tiger Trade App, and share the prizes worth up to USD 200,000!Play the \"Perfect Goals\" game with us, and feel the score moment by only pressing the button.Keep completing the daily tasks and play the game, win more points to redeem stock vouchers worth up to USD 2,000 or AFF tickets, and the top prize - the free journey of watching the AFF finals!You can also predict a football match of the World Cup or AFF Championship, and cheer for your home team.Besides, you may obtain the Tiger Football Card by participating in the campaign every day.Goalke","text":"This year is the year of football, the Qatar World Cup, AFF championship, make the following days a big carnival for football fans all around the world! While you enjoy your football carnival, don't forget to join in Tiger's Football Season on Tiger Trade App, and share the prizes worth up to USD 200,000!Play the \"Perfect Goals\" game with us, and feel the score moment by only pressing the button.Keep completing the daily tasks and play the game, win more points to redeem stock vouchers worth up to USD 2,000 or AFF tickets, and the top prize - the free journey of watching the AFF finals!You can also predict a football match of the World Cup or AFF Championship, and cheer for your home team.Besides, you may obtain the Tiger Football Card by participating in the campaign every day.Goalke","images":[{"img":"https://community-static.tradeup.com/news/e8c9b6ab16214df413c77708cf5957bf","width":"404","height":"707"},{"img":"https://community-static.tradeup.com/news/6f0ddb54cc9e55b9b9b59a0c9908bfb5","width":"358","height":"471"},{"img":"https://community-static.tradeup.com/news/d9cc4adf57a9972e62e94d321ecc6734","width":"402","height":"712"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9963969638","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":4,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":109,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9969169919,"gmtCreate":1668386492832,"gmtModify":1676538047567,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Realistic target?","listText":"Realistic target?","text":"Realistic target?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9969169919","repostId":"2282045323","repostType":4,"repost":{"id":"2282045323","pubTimestamp":1668308411,"share":"https://www.laohu8.com/m/news/2282045323?lang=&edition=full","pubTime":"2022-11-13 11:00","market":"us","language":"en","title":"Tesla: Laying Out The $4.5 Trillion Target","url":"https://stock-news.laohu8.com/highlight/detail?id=2282045323","media":"seekingalpha","summary":"SummaryElon Musk has made a bold claim, betting that his company could be worth more than Apple and Saudi Aramco combined.We outline the case in which Tesla could achieve this valuation, and how it wo","content":"<html><head></head><body><h2>Summary</h2><ul><li>Elon Musk has made a bold claim, betting that his company could be worth more than Apple and Saudi Aramco combined.</li><li>We outline the case in which Tesla could achieve this valuation, and how it would do so.</li><li>Tesla seems significantly undervalued to us, given its potential with fully self-driving and a large-scale FSD Beta rollout about to occur.</li><li>We point out why EV adoption is expected to occur sooner than expected as the price of Li-Ion batteries comes down due to cost curve declines.</li><li>The market seems to overlook the drastic effect of the Inflation Reduction Act on Tesla and its ability to produce integrated battery packs at &lt;$50/kWh.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/180c16afce274906718caded3b4c36c3\" tg-width=\"750\" tg-height=\"445\" referrerpolicy=\"no-referrer\"/><span>Nikola Tesla Alice Fox/iStock via Getty Images</span></p><p>In the Q3 earnings call, Tesla (NASDAQ:TSLA) CEO Elon Musk gave investors a hint of what Tesla&#39;s potential future could look like. He expressed that for the first time he sees a way Tesla could be valued more than Apple (AAPL) and Saudi Aramco (ARMCO) combined, or twice Saudi Aramco.</p><blockquote>I see a potential path for Tesla to be worth more than Apple and Saudi Aramco combined. So, now that doesn&#39;t mean it will happen or that will be easy. In fact, I think it will be very difficult. It will require a lot of work, some very creative new products, manage expansion and always the luck. (Elon Musk, Q3 Earnings Call)</blockquote><p>This is not the first time Elon has made such bold claims, similar to 2017 when he predicted that Tesla had the potential to become worth more than Apple, which was then worth $700BN. At that time, Tesla was valued at only $25BN, leading many media outlets to label the claim as &#34;insane,&#34; although Tesla surpassed the $700BN mark in January 2021.</p><p>We think Tesla is significantly undervalued for long-term investors and believe Tesla can live up to its expectations of becoming a $4.5T company in the next 8-10 years. Here&#39;s why.</p><h2>Disruptive EV Adoption</h2><p>To understand where Tesla is headed, we must first look at where the car market in general is headed. Old car manufacturers and large manufacturers of ICE vehicles seem to be up to their ears in debt. As you can see below, some automakers have debt in excess of $100 billion, while Tesla has net debt that is actually negative because they have $21 billion in cash and virtually no debt.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5ba3f711623777e45588259627dee161\" tg-width=\"640\" tg-height=\"238\" referrerpolicy=\"no-referrer\"/><span>Author&#39;s Visualisation, Seeking Alpha Data</span></p><p>This means that in an industry changing toward EVs, they will have to compete while buried in debt attributable to their old ICE vehicles that required intensive investment, compared to battery electric vehicles (BEVs), which are made for the future and immediate profit. Especially in an environment where interest rates are rising at record rates and debt is becoming more expensive to repay.</p><p>And only a small percentage of car sales are currently BEVs. In the second quarter of this year, only 5.6% of car sales were BEVs, or 12.6% if hybrid vehicles are included. Although we can look at a country, that could be a telltale sign of what the future might look like. Last year, 91.5% of all cars registered in Norway were BEVs or hybrids. This change was quite rapid, as in 2016, 5 years earlier, only 29.1% were plug-in vehicles.</p><p>But if we look at who has the most market share, it seems pretty clear. Model Y and Model 3 dominate. For the last quarter of October this year, Tesla&#39;s market share is 19.36% of all BEVs, which overall make up the most car sales in the country. And while an assumption of 20% market share when it comes to Tesla may seem absurd to some, in 1961 GM (GM) had a 50.7% market share and Ford (F) had a 29.3% market share. While both currently have a market share of only nearly 15% and declining.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f8501bc2a5e1284584c5bd59d80adaac\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/><span>Tesla IR</span></p><h2>Lithium Is The New Oil</h2><p>We think it is no coincidence that Elon Musk specifically chose Apple and Saudi Aramco as the 2 companies with market capitalization that he would like to surpass. In a sense, Tesla stands for the proposition that &#34;Lithium is the new oil&#34; and is competing with Saudi Aramco when it comes to energy in the form of batteries/solar cells. The comparison to Apple, in a way, is Tesla&#39;s ambition to derive revenue from its software (FSD Beta) and supercomputers (Dojo) and robotics/automation. Technically, a Tesla is a giant computer on wheels.</p><p>But looking deeper into batteries, there are many factors that we believe investors have yet to recognize. One is the cost reduction of batteries and battery packs. Indeed, the battery pack is still currently the most expensive part of an EV, and they are falling dramatically. In 2010, for example, the price per kWh for a battery pack was $1220, and that dropped to $132 last year. In China, the price for a battery pack is seemingly already at $111 per kWh.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a40d3dcc2180d3e1380b9e781205940a\" tg-width=\"640\" tg-height=\"320\" referrerpolicy=\"no-referrer\"/><span>Author&#39;s Visualisation, Bloomberg Data</span></p><p>This plays a crucial role since at $100 per kWh EVs should have the same sticker price as ICE vehicles. Currently, it can already be cheaper to operate an EV (fuel costs, maintenance, etc.), although the sticker price is still above that of an EV. But when that paradigm changes, it should become particularly unattractive from an economic standpoint to buy an ICE vehicle since it is more expensive to buy and operate. Especially if EV prices continue to fall below the sticker prices of ICE vehicles.</p><p>According to Wright&#39;s law, for example, for every cumulative doubling of the number of units produced, the cost should fall by a constant percentage. For Lithium-Ion batteries, this appears to be 28%. BloombergNEF forecasts the price of Lithium-Ion batteries at $62 per kWh by 2030, while we think it will be significantly lower because it has also been heavily underestimated in the past. In the latest earnings call, Elon Musk told investors that once the 4680 battery cell is fully integrated, he believes there is a path to $70 per kWh cell. That would already be less than the $80 per kWh target set by Renault and Ford for 2030.</p><p>Perhaps the craziest part is that he told investors that would be &#34;before any incentive.&#34; As recently, with the Inflation Reduction Act, Tesla will likely meet the tax credit offers $35 per kWh for each battery cell, and $10 per kWh for each battery module, which would bring the price per kWh down to $25. Tesla says it is doing all it can, going &#34;pedal to the metal&#34; to provide 1,000 GWh of batteries per year. According to our calculations, that would be enough to build more than 10 million EVs a year with Tesla&#39;s batteries alone.</p><h2>Tesla&#39;s Operational Leverage</h2><p>Yet another factor, which is usually not considered, is Tesla&#39;s tremendous operating leverage compared to its industry competitors. And we believe that this will only improve through down the cost curve, economies of scale and operational efficiencies. In the chart below, you can see how little additional operating cost is actually incurred, even as production scales.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1fbbc8e4f4207527115f3f2bace27f74\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"/><span>TIKR Terminal</span></p><p>For example, Tesla&#39;s adjusted EBITDA margin in the first quarter of 2022 was 26.8%, which we believe they should be able to bring to 30% over the next 8 to 10 years, attributable to operational efficiencies, economies of scale, 4680 battery cells and more. For example, one of the more overlooked areas where Tesla is pushing the limits in cost reduction is their way of manufacturing with a Giga Press.</p><p>They are basically trying to make complete cars the same way toy cars are made, with a giant Giga press of 9,000 tons of power. When they first floated the idea, the 6 machine manufacturers said outright &#34;no,&#34; probably because it seemed like an extremely challenging job. One manufacturer said &#34;maybe,&#34; and that ended up being IDRA, which currently makes Tesla&#39;s Giga presses.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d3a39ee471c877c9637b416c1c4dbab8\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/><span>Tesla IR</span></p><p>And perhaps most importantly, Tesla&#39;s new platform they are developing, which will be smaller than the Model 3 and Model Y, but half the cost of those models. In the latest earnings call, Elon Musk explained how they are working on being able to make two cars for the amount of effort it currently takes to make one Model 3. He also said that production of this platform should exceed production of all other models combined.</p><p>Tesla is very adaptive when it comes to innovation and new operational efficiencies, often removing unnecessary parts or finding and adapting technical inefficiencies to new iterations while still vertically integrating production.</p><h2>Software Revenues</h2><p>And now perhaps Tesla&#39;s most controversial (future) revenue stream: Full Self Driving Beta (FSD), RoboTaxi, and their AI as in Dojo and Optimus. Although some still think autonomous vehicles are impossible, they are actually already here. And it&#39;s probably a matter of &#34;when&#34; Tesla solves fully autonomous driving, rather than an &#34;if.&#34;</p><p>Driverless vehicles and automation have made a lot of progress recently, without too much attention in the mainstream media. Companies like Waymo and Cruise have already recently started operating fleets of RoboTaxis in cities like San Francisco, albeit on pre-mapped routes and their cars are equipped with many additional sensors, and often Lidar/radar. Tesla is trying to solve the autonomous issue with vision.</p><p>As you can see from the graph below, the number of cumulative miles driven with FSD Beta is going up exponentially. Even before it has been widely released. This should continue to develop exponentially, especially since we are very close to a large-scale beta release, which is expected to come any day now. Tesla has a huge data advantage, as almost its entire fleet of cars is equipped with cameras that can perform FSD. And this should continue to grow as Tesla delivers millions more cars to this existing fleet.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dc1655bea3ba10974b7854b6b4b7ea65\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/><span>Tesla IR</span></p><p>Compared to Waymo and Cruise, Tesla simply already has a fleet of millions ready to be deployed once FSD is capable of being many times safer than the average driver, and can be loaned out by its owners when their car is not operational. Fun fact: cars spend 95% of their operational time parked in cities. Elon Musk said in a recent interview that autonomous cars should become roughly 5 times more useful, but cost the same amount of money to build.</p><p>Tesla currently already rakes in 25-30% gross margin. If Tesla solves overall autonomy and a car becomes 5x more useful, that completely changes Tesla&#39;s valuation. During the last earnings call, Elon Musk told investors that the team is making a lot of progress with the RoboTaxi platform. We think this platform will come in 2024 at the earliest, but it could be later. We do see it as an inevitability, given how close Tesla is getting to solving generalized autonomy.</p><p>For critics, we highly recommend looking at Tesla&#39;s latest FSD Beta (10.69.3) and comparing it to where FSD Beta was 2 years ago. In our view, humans are capable of driving using vision, and a neural net should eventually be able to do so as well once it has been trained enough and given enough data.</p><h2>Putting The Pieces Together</h2><p>If our assumptions are correct, Tesla should be able to reach its market capital of $4.5 billion in 8-10 years. It would do this by capturing most of the EV market, as in Norway (about 20%), which should amount to 20 million vehicles per year out of a total of 100 million vehicles produced annually by 2030-2032.</p><p>As mentioned earlier, we believe that the cost reduction of lithium-ion batteries will significantly drive the transition to EVs even without the inflation-limiting law. We predict that EVs will reach the same price very soon, within 1-2 years, and that demand for EVs will exceed demand for ICE vehicles. We believe Tesla has a superior advantage because it has been producing EVs for 15 years and is still years ahead in terms of volume compared to U.S. automakers.</p><p>Furthermore, we think the main threat to Tesla is Chinese automakers such as BYD (OTCPK:BYDDF), Li Auto (LI), NIO (NIO), XPeng (XPEV) and others, who have a clean balance sheet, have scaled up their production and can actually make EVs that can compete with Tesla&#39;s in terms of cost. As an even cheaper Tesla platform will be rolled out, we believe Tesla&#39;s demand will be much greater than its current supply, for which it still has a significant wait even at an annual production of 2 million cars by the end of 2022.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f960f16ac32c8903a87da58e3e0f544a\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/><span>Tesla IR</span></p><blockquote>I can&#39;t emphasize enough, we have excellent demand for Q4, and we expect to sell every car that we make for as far into future as we can see. So, the factories are running at full speed, and we&#39;re delivering every car we make and keeping operating margins strong. We are still a very small percentage of the total vehicles on the road. Of the 2 billion cars and trucks on the road, we only have about 3.5 million. So, we&#39;ve got a long way to go to even reach 1% of the global fleet. (Elon Musk)</blockquote><p>At 20 million vehicles and a 30% operating margin, Tesla should be expected to bring in US$1T of revenue and US$300B of operating income. At a 15x multiple, similar and relatively conservative to other tech companies, Tesla should reach a US$4.5T valuation by 2030-2032, or larger than Apple and Saudi Aramco currently combined.</p><p>Outside of competition from Chinese EVs, the only major risk we currently see is Tesla&#39;s production disruptions at its Giga Shanghai factory due to local regulators, or a lack of ability to produce enough batteries or problems along the way in scaling up their 4680 battery production.</p><p>A smaller risk we might see at Twitter, as Elon already had to sell US$4BN in Tesla shares this week to fund Twitter&#39;s negative cash flow. We believe this was a one-time event and Twitter should have sufficient funding to continue its operations for the foreseeable future.</p><h2>The Bottom Line</h2><p>With Q4 looking &#34;extremely good&#34; according to Elon Musk, and Tesla at record low valuations based on an EV to EBITDA multiple, we believe Tesla to be significantly undervalued given its growth and operational leverage. There are a lot of factors that could boost the share price of the stock in the coming months/year as well, such as Tesla&#39;s Semi, Cybertruck, Energy Storage ramp-up, and most important of all: a full-scale FSD Beta release.</p><p>We believe Tesla to be able to reach a US$4.5T market cap with its automotive operations, albeit it being in the far future and requiring exceptional execution. A wide-scale release of Tesla&#39;s FSD Beta we believe could also lead to immense improvements of its autonomous platform, bringing us one step closer to autonomy and creating even more operational leverage.</p><p>A series of successes and progress in its FSD beta could significantly boost the share price, as Tesla comes closer to reaching its infamous RoboTaxi platform.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1c5f7f17db8893682cc7da3bb48dc168\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\"/><span>Data by YCharts</span></p><p><i>This article is written by Wright&#39;s Research for reference only. Please note the risks.</i></p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla: Laying Out The $4.5 Trillion Target</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\">\nTesla: Laying Out The $4.5 Trillion Target\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-13 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4556729-tesla-tsla-laying-out-4-5-trillion-dollar-target><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryElon Musk has made a bold claim, betting that his company could be worth more than Apple and Saudi Aramco combined.We outline the case in which Tesla could achieve this valuation, and how it ...</p>\n\n<a href=\"https://seekingalpha.com/article/4556729-tesla-tsla-laying-out-4-5-trillion-dollar-target\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4556729-tesla-tsla-laying-out-4-5-trillion-dollar-target","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2282045323","content_text":"SummaryElon Musk has made a bold claim, betting that his company could be worth more than Apple and Saudi Aramco combined.We outline the case in which Tesla could achieve this valuation, and how it would do so.Tesla seems significantly undervalued to us, given its potential with fully self-driving and a large-scale FSD Beta rollout about to occur.We point out why EV adoption is expected to occur sooner than expected as the price of Li-Ion batteries comes down due to cost curve declines.The market seems to overlook the drastic effect of the Inflation Reduction Act on Tesla and its ability to produce integrated battery packs at <$50/kWh.Nikola Tesla Alice Fox/iStock via Getty ImagesIn the Q3 earnings call, Tesla (NASDAQ:TSLA) CEO Elon Musk gave investors a hint of what Tesla's potential future could look like. He expressed that for the first time he sees a way Tesla could be valued more than Apple (AAPL) and Saudi Aramco (ARMCO) combined, or twice Saudi Aramco.I see a potential path for Tesla to be worth more than Apple and Saudi Aramco combined. So, now that doesn't mean it will happen or that will be easy. In fact, I think it will be very difficult. It will require a lot of work, some very creative new products, manage expansion and always the luck. (Elon Musk, Q3 Earnings Call)This is not the first time Elon has made such bold claims, similar to 2017 when he predicted that Tesla had the potential to become worth more than Apple, which was then worth $700BN. At that time, Tesla was valued at only $25BN, leading many media outlets to label the claim as \"insane,\" although Tesla surpassed the $700BN mark in January 2021.We think Tesla is significantly undervalued for long-term investors and believe Tesla can live up to its expectations of becoming a $4.5T company in the next 8-10 years. Here's why.Disruptive EV AdoptionTo understand where Tesla is headed, we must first look at where the car market in general is headed. Old car manufacturers and large manufacturers of ICE vehicles seem to be up to their ears in debt. As you can see below, some automakers have debt in excess of $100 billion, while Tesla has net debt that is actually negative because they have $21 billion in cash and virtually no debt.Author's Visualisation, Seeking Alpha DataThis means that in an industry changing toward EVs, they will have to compete while buried in debt attributable to their old ICE vehicles that required intensive investment, compared to battery electric vehicles (BEVs), which are made for the future and immediate profit. Especially in an environment where interest rates are rising at record rates and debt is becoming more expensive to repay.And only a small percentage of car sales are currently BEVs. In the second quarter of this year, only 5.6% of car sales were BEVs, or 12.6% if hybrid vehicles are included. Although we can look at a country, that could be a telltale sign of what the future might look like. Last year, 91.5% of all cars registered in Norway were BEVs or hybrids. This change was quite rapid, as in 2016, 5 years earlier, only 29.1% were plug-in vehicles.But if we look at who has the most market share, it seems pretty clear. Model Y and Model 3 dominate. For the last quarter of October this year, Tesla's market share is 19.36% of all BEVs, which overall make up the most car sales in the country. And while an assumption of 20% market share when it comes to Tesla may seem absurd to some, in 1961 GM (GM) had a 50.7% market share and Ford (F) had a 29.3% market share. While both currently have a market share of only nearly 15% and declining.Tesla IRLithium Is The New OilWe think it is no coincidence that Elon Musk specifically chose Apple and Saudi Aramco as the 2 companies with market capitalization that he would like to surpass. In a sense, Tesla stands for the proposition that \"Lithium is the new oil\" and is competing with Saudi Aramco when it comes to energy in the form of batteries/solar cells. The comparison to Apple, in a way, is Tesla's ambition to derive revenue from its software (FSD Beta) and supercomputers (Dojo) and robotics/automation. Technically, a Tesla is a giant computer on wheels.But looking deeper into batteries, there are many factors that we believe investors have yet to recognize. One is the cost reduction of batteries and battery packs. Indeed, the battery pack is still currently the most expensive part of an EV, and they are falling dramatically. In 2010, for example, the price per kWh for a battery pack was $1220, and that dropped to $132 last year. In China, the price for a battery pack is seemingly already at $111 per kWh.Author's Visualisation, Bloomberg DataThis plays a crucial role since at $100 per kWh EVs should have the same sticker price as ICE vehicles. Currently, it can already be cheaper to operate an EV (fuel costs, maintenance, etc.), although the sticker price is still above that of an EV. But when that paradigm changes, it should become particularly unattractive from an economic standpoint to buy an ICE vehicle since it is more expensive to buy and operate. Especially if EV prices continue to fall below the sticker prices of ICE vehicles.According to Wright's law, for example, for every cumulative doubling of the number of units produced, the cost should fall by a constant percentage. For Lithium-Ion batteries, this appears to be 28%. BloombergNEF forecasts the price of Lithium-Ion batteries at $62 per kWh by 2030, while we think it will be significantly lower because it has also been heavily underestimated in the past. In the latest earnings call, Elon Musk told investors that once the 4680 battery cell is fully integrated, he believes there is a path to $70 per kWh cell. That would already be less than the $80 per kWh target set by Renault and Ford for 2030.Perhaps the craziest part is that he told investors that would be \"before any incentive.\" As recently, with the Inflation Reduction Act, Tesla will likely meet the tax credit offers $35 per kWh for each battery cell, and $10 per kWh for each battery module, which would bring the price per kWh down to $25. Tesla says it is doing all it can, going \"pedal to the metal\" to provide 1,000 GWh of batteries per year. According to our calculations, that would be enough to build more than 10 million EVs a year with Tesla's batteries alone.Tesla's Operational LeverageYet another factor, which is usually not considered, is Tesla's tremendous operating leverage compared to its industry competitors. And we believe that this will only improve through down the cost curve, economies of scale and operational efficiencies. In the chart below, you can see how little additional operating cost is actually incurred, even as production scales.TIKR TerminalFor example, Tesla's adjusted EBITDA margin in the first quarter of 2022 was 26.8%, which we believe they should be able to bring to 30% over the next 8 to 10 years, attributable to operational efficiencies, economies of scale, 4680 battery cells and more. For example, one of the more overlooked areas where Tesla is pushing the limits in cost reduction is their way of manufacturing with a Giga Press.They are basically trying to make complete cars the same way toy cars are made, with a giant Giga press of 9,000 tons of power. When they first floated the idea, the 6 machine manufacturers said outright \"no,\" probably because it seemed like an extremely challenging job. One manufacturer said \"maybe,\" and that ended up being IDRA, which currently makes Tesla's Giga presses.Tesla IRAnd perhaps most importantly, Tesla's new platform they are developing, which will be smaller than the Model 3 and Model Y, but half the cost of those models. In the latest earnings call, Elon Musk explained how they are working on being able to make two cars for the amount of effort it currently takes to make one Model 3. He also said that production of this platform should exceed production of all other models combined.Tesla is very adaptive when it comes to innovation and new operational efficiencies, often removing unnecessary parts or finding and adapting technical inefficiencies to new iterations while still vertically integrating production.Software RevenuesAnd now perhaps Tesla's most controversial (future) revenue stream: Full Self Driving Beta (FSD), RoboTaxi, and their AI as in Dojo and Optimus. Although some still think autonomous vehicles are impossible, they are actually already here. And it's probably a matter of \"when\" Tesla solves fully autonomous driving, rather than an \"if.\"Driverless vehicles and automation have made a lot of progress recently, without too much attention in the mainstream media. Companies like Waymo and Cruise have already recently started operating fleets of RoboTaxis in cities like San Francisco, albeit on pre-mapped routes and their cars are equipped with many additional sensors, and often Lidar/radar. Tesla is trying to solve the autonomous issue with vision.As you can see from the graph below, the number of cumulative miles driven with FSD Beta is going up exponentially. Even before it has been widely released. This should continue to develop exponentially, especially since we are very close to a large-scale beta release, which is expected to come any day now. Tesla has a huge data advantage, as almost its entire fleet of cars is equipped with cameras that can perform FSD. And this should continue to grow as Tesla delivers millions more cars to this existing fleet.Tesla IRCompared to Waymo and Cruise, Tesla simply already has a fleet of millions ready to be deployed once FSD is capable of being many times safer than the average driver, and can be loaned out by its owners when their car is not operational. Fun fact: cars spend 95% of their operational time parked in cities. Elon Musk said in a recent interview that autonomous cars should become roughly 5 times more useful, but cost the same amount of money to build.Tesla currently already rakes in 25-30% gross margin. If Tesla solves overall autonomy and a car becomes 5x more useful, that completely changes Tesla's valuation. During the last earnings call, Elon Musk told investors that the team is making a lot of progress with the RoboTaxi platform. We think this platform will come in 2024 at the earliest, but it could be later. We do see it as an inevitability, given how close Tesla is getting to solving generalized autonomy.For critics, we highly recommend looking at Tesla's latest FSD Beta (10.69.3) and comparing it to where FSD Beta was 2 years ago. In our view, humans are capable of driving using vision, and a neural net should eventually be able to do so as well once it has been trained enough and given enough data.Putting The Pieces TogetherIf our assumptions are correct, Tesla should be able to reach its market capital of $4.5 billion in 8-10 years. It would do this by capturing most of the EV market, as in Norway (about 20%), which should amount to 20 million vehicles per year out of a total of 100 million vehicles produced annually by 2030-2032.As mentioned earlier, we believe that the cost reduction of lithium-ion batteries will significantly drive the transition to EVs even without the inflation-limiting law. We predict that EVs will reach the same price very soon, within 1-2 years, and that demand for EVs will exceed demand for ICE vehicles. We believe Tesla has a superior advantage because it has been producing EVs for 15 years and is still years ahead in terms of volume compared to U.S. automakers.Furthermore, we think the main threat to Tesla is Chinese automakers such as BYD (OTCPK:BYDDF), Li Auto (LI), NIO (NIO), XPeng (XPEV) and others, who have a clean balance sheet, have scaled up their production and can actually make EVs that can compete with Tesla's in terms of cost. As an even cheaper Tesla platform will be rolled out, we believe Tesla's demand will be much greater than its current supply, for which it still has a significant wait even at an annual production of 2 million cars by the end of 2022.Tesla IRI can't emphasize enough, we have excellent demand for Q4, and we expect to sell every car that we make for as far into future as we can see. So, the factories are running at full speed, and we're delivering every car we make and keeping operating margins strong. We are still a very small percentage of the total vehicles on the road. Of the 2 billion cars and trucks on the road, we only have about 3.5 million. So, we've got a long way to go to even reach 1% of the global fleet. (Elon Musk)At 20 million vehicles and a 30% operating margin, Tesla should be expected to bring in US$1T of revenue and US$300B of operating income. At a 15x multiple, similar and relatively conservative to other tech companies, Tesla should reach a US$4.5T valuation by 2030-2032, or larger than Apple and Saudi Aramco currently combined.Outside of competition from Chinese EVs, the only major risk we currently see is Tesla's production disruptions at its Giga Shanghai factory due to local regulators, or a lack of ability to produce enough batteries or problems along the way in scaling up their 4680 battery production.A smaller risk we might see at Twitter, as Elon already had to sell US$4BN in Tesla shares this week to fund Twitter's negative cash flow. We believe this was a one-time event and Twitter should have sufficient funding to continue its operations for the foreseeable future.The Bottom LineWith Q4 looking \"extremely good\" according to Elon Musk, and Tesla at record low valuations based on an EV to EBITDA multiple, we believe Tesla to be significantly undervalued given its growth and operational leverage. There are a lot of factors that could boost the share price of the stock in the coming months/year as well, such as Tesla's Semi, Cybertruck, Energy Storage ramp-up, and most important of all: a full-scale FSD Beta release.We believe Tesla to be able to reach a US$4.5T market cap with its automotive operations, albeit it being in the far future and requiring exceptional execution. A wide-scale release of Tesla's FSD Beta we believe could also lead to immense improvements of its autonomous platform, bringing us one step closer to autonomy and creating even more operational leverage.A series of successes and progress in its FSD beta could significantly boost the share price, as Tesla comes closer to reaching its infamous RoboTaxi platform.Data by YChartsThis article is written by Wright's Research for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":169,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932051289,"gmtCreate":1662858390541,"gmtModify":1676537150884,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"RIP her majesty&nbsp;","listText":"RIP her majesty&nbsp;","text":"RIP her majesty","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9932051289","repostId":"2266415879","repostType":4,"repost":{"id":"2266415879","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":1662773640,"share":"https://www.laohu8.com/m/news/2266415879?lang=&edition=full","pubTime":"2022-09-10 09:34","market":"uk","language":"en","title":"She Was the Best of Us","url":"https://stock-news.laohu8.com/highlight/detail?id=2266415879","media":"Dow Jones","summary":"ByAndrew RobertsMr. Roberts is the author, most recently, of \"The Last King of America: The Misunder","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/8fb38370e84ba1fea7d758c98f97d645\" tg-width=\"1280\" tg-height=\"853\" referrerpolicy=\"no-referrer\"/><i>ByAndrew Roberts</i></p><p><i>Mr. Roberts is the author, most recently, of &#34;The Last King of America: The Misunderstood Reign of George III&#34; and a royal commentator for NBC News.</i></p><p>We British like to believe that we have the virtues of duty, decency, good humor and tolerance as part of our national DNA. There might be some self-delusion in this, and it is certainly not always true, but it is a strong part of our self-defining myth as a people. Of one Briton, however, it genuinely was true, and for 70 years we have known that because of her virtues we would always be proud of her wherever she went -- and thus proud of our country too. She was a fine lifelong role model for millions in Britain, the Commonwealth and around the world.</p><p>The complete certainty that -- whatever the rest of her family might say or do -- Her Majesty The Queen would never embarrass us on the world stage, but would always perform her duties with the utmost professionalism and unflappable calm, made her the soft-power equivalent of an aircraft carrier when it came to international relations. However much our other national institutions might let us down, we always knew that The Queen would never put a step out of place or say a single word that would make us cringe.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/96243ab593f31f43979c5b0356e3e1f3\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Queen Elizabeth II and her husband Prince Philip in Buckingham Palace, December 1958. They were married for 73 years before his death in 2021.</span></p><p>In the full glare of the global media for seven decades, meeting hundreds of thousands of people one-on-one and untold millions in public events, traveling to over a hundred countries of the world, dealing with delicate diplomatic incidents that today are history but at the time could have produced strife, advising 15 prime ministers from Winston Churchill to Liz Truss, she knew just what to do. It seems almost superhuman; it was certainly the absolute acme of professionalism. Would to God that more of our leaders in public life had a fraction of her grace, her gravitas and, above all, her common sense.</p><p>The Queen had an uncanny knack for encapsulating in a phrase what the rest of us think but rarely quite put into words, or at least rarely have the opportunity to say to the right person at the right time. &#34;Why did no one see it coming?&#34; she asked Mervyn King, the Governor of the Bank of England, about the 2008 Great Crash. &#34;Why would anyone want the job?&#34; she asked Boris Johnson when he became prime minister during the Brexit maelstrom. Then there was the sixth sense she had for what her people were feeling. When they were hurting financially during the Great Crash, she canceled her birthday party at the Ritz. And of course there was her choice of the apposite phrase. &#34;Grief is the price we pay for love,&#34; she said in the aftermath of 9/11, encapsulating precisely what the West was feeling.</p><p>Remember those words as we watch the long line of mourning Britons and her subjects from 15 countries across the globe next week, stretching from her catafalque in Westminster Hall. I strongly suspect that it will go down the Thames all the way to the City of London financial district in the east of the capital, as they pay their respects at her lying-in-state. They will come from across the four kingdoms and from around the world; they will wait patiently in line for very many hours on end; they will doggedly put up with the rain and cold winds all night; they will josh with the coppers and stay cheerful; they will bring their children and grandchildren who will one day be able to tell their own children and grandchildren that they paid their last respects to Queen Elizabeth II, Elizabeth the Good.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c415ea69257bd5839a78c9d5e0eca6f1\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Left to right: West German Chancellor Helmut Kohl, Queen Elizabeth II, President Ronald Reagan and U.K. Prime Minister Margaret Thatcher at Buckingham Palace during a summit for world leaders, June 1984.</span></p><p>Everyone would have perfectly understood if Her Majesty had decided to appoint Liz Truss as prime minister by a <a href=\"https://laohu8.com/S/ZM\">Zoom</a> call. She had missed the Braemar Highland Games and had been suffering ill health, and a personal meeting wasn&#39;t strictly constitutionally necessary. As we now know -- and as she herself might well have suspected -- she only had two more days to live. But anyone who thought that she would put her personal comfort before what she saw as her duty doesn&#39;t understand the character of The Queen, the last of the Greatest Generation. When she was shot at six times as she rode down the Mall at the Trooping of the Colour in 1981, she didn&#39;t know the assailant was firing blanks, but she carried on the parade regardless. That is the kind of raw courage we took for granted from her.</p><p>Britain has undergone several extremely difficult moments over the past 70 years as it has been transformed in almost every conceivable way. The Suez Crisis, only four years into the Queen&#39;s reign, forced us to come to terms with the loss of the largest empire in world history over the course of only a decade or so, yet we never responded to the imperial humiliation in the way that France did in Algeria, let alone the way Putin is doing in Ukraine. The 1970s saw the serious danger of Britain slipping into the position of a third-rank power, and the tough-love medicine that Margaret Thatcher imposed to reverse that trajectory in the 1980s led to violent strikes and riots, yet not to worse. The issue of race hatred is thankfully largely behind Britons now, but we must never forget that it occasionally caused civil unrest. The refusal of much of the Establishment to accept the result of the Brexit referendum toxified British politics for half a decade. British history since 1952 hasn&#39;t been plain sailing.</p><p>Yet the knowledge that at the apex of our political system, our constitutional structure, our armed forces, our Commonwealth, our legal system and our national church stood a lady of irreproachable morals, who moreover confined her political involvement to advising, encouraging and warning but never to partisan politics, has exercised an inestimably positive influence on our public life. Liz Truss wasn&#39;t exaggerating when she perceptively said that the Queen was &#34;the rock upon which modern Britain was built.&#34;</p><p>Although she was a small &#34;c&#34; conservative in many aspects of life, as many nonagenarians naturally are, The Queen was always exemplary in the way that she never interfered in politics, and Sir Keir Starmer&#39;s public statement showed that the Labour Party admired her just as much as the large-c Conservatives. In a country that is being riven by extreme partisan politics at the moment, as Britons face a post-Covid future and inflationary spirals, admiration for her was one of the few things that united both frontbenches in parliament. Now even that has gone.</p><p>More than a century separated the births of The Queen&#39;s first prime minister, Winston Churchill, and her last, Liz Truss. Even more extraordinary, the 96 years of her life constitutes 39% of the existence of the United States as an independent country. Her love of the United States -- her only incognito holidays were taken in Kentucky -- was instrumental in keeping our most important alliance, the Special Relationship, as fresh as it is profound. We have only just begun to note the number of ways we are going to miss her, on both the international and the domestic stages.</p><p>A millennium-old monarchy is a book of many chapters. One unusually long and glorious chapter has closed, and a new one is now opening. If Britain today seems somewhat untethered, mournful of course but also apprehensive, it is because King Charles III has almost impossibly large boots to fill. Yet he has been waiting for 70 of his 73 years for the role to devolve upon him and is therefore supremely ready for it. There is something immensely spiritually right that a role such as this is assumed during a period of mourning. Politicians take power feeling like they have won the lottery; monarchs accede to thrones mournful at the death of their parent. Succession at a time of somber reflection rather than exultant triumph is part of the genius of constitutional monarchy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/874414f0f61b424aaf7b94a980470613\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Queen Elizabeth II in the House of Lords for the opening of Parliament, May 2015. She continued to fulfill her duties until the end, appointing her 15th prime minister, Liz Truss, on Sept 6.</span></p><p>We as a nation made The Queen do things that we would never, ever, even consider doing ourselves. We expected her to do her job to the age of 96, when we retire at 65, and to keep doing it up to two days before her death. We expected her to invite bloodthirsty dictators to stay in her home, because British foreign policy interests required it. We expected her, aged 86, to stand on a boat in the Thames in the freezing rain during the diamond jubilee, waving for hour after hour. We expected her to shake the hand of a former IRA gunmen who approved the murder of her husband&#39;s uncle. We expected her to smile and charm and shake hands cordially, whatever she might privately have been feeling inside about her family&#39;s all-too-public traumas.</p><p>She did all of it, and in 70 years she never once complained. She was the best of us.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>She Was the Best of Us</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\">\nShe Was the Best of Us\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-09-10 09:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><img src=\"https://static.tigerbbs.com/8fb38370e84ba1fea7d758c98f97d645\" tg-width=\"1280\" tg-height=\"853\" referrerpolicy=\"no-referrer\"/><i>ByAndrew Roberts</i></p><p><i>Mr. Roberts is the author, most recently, of &#34;The Last King of America: The Misunderstood Reign of George III&#34; and a royal commentator for NBC News.</i></p><p>We British like to believe that we have the virtues of duty, decency, good humor and tolerance as part of our national DNA. There might be some self-delusion in this, and it is certainly not always true, but it is a strong part of our self-defining myth as a people. Of one Briton, however, it genuinely was true, and for 70 years we have known that because of her virtues we would always be proud of her wherever she went -- and thus proud of our country too. She was a fine lifelong role model for millions in Britain, the Commonwealth and around the world.</p><p>The complete certainty that -- whatever the rest of her family might say or do -- Her Majesty The Queen would never embarrass us on the world stage, but would always perform her duties with the utmost professionalism and unflappable calm, made her the soft-power equivalent of an aircraft carrier when it came to international relations. However much our other national institutions might let us down, we always knew that The Queen would never put a step out of place or say a single word that would make us cringe.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/96243ab593f31f43979c5b0356e3e1f3\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Queen Elizabeth II and her husband Prince Philip in Buckingham Palace, December 1958. They were married for 73 years before his death in 2021.</span></p><p>In the full glare of the global media for seven decades, meeting hundreds of thousands of people one-on-one and untold millions in public events, traveling to over a hundred countries of the world, dealing with delicate diplomatic incidents that today are history but at the time could have produced strife, advising 15 prime ministers from Winston Churchill to Liz Truss, she knew just what to do. It seems almost superhuman; it was certainly the absolute acme of professionalism. Would to God that more of our leaders in public life had a fraction of her grace, her gravitas and, above all, her common sense.</p><p>The Queen had an uncanny knack for encapsulating in a phrase what the rest of us think but rarely quite put into words, or at least rarely have the opportunity to say to the right person at the right time. &#34;Why did no one see it coming?&#34; she asked Mervyn King, the Governor of the Bank of England, about the 2008 Great Crash. &#34;Why would anyone want the job?&#34; she asked Boris Johnson when he became prime minister during the Brexit maelstrom. Then there was the sixth sense she had for what her people were feeling. When they were hurting financially during the Great Crash, she canceled her birthday party at the Ritz. And of course there was her choice of the apposite phrase. &#34;Grief is the price we pay for love,&#34; she said in the aftermath of 9/11, encapsulating precisely what the West was feeling.</p><p>Remember those words as we watch the long line of mourning Britons and her subjects from 15 countries across the globe next week, stretching from her catafalque in Westminster Hall. I strongly suspect that it will go down the Thames all the way to the City of London financial district in the east of the capital, as they pay their respects at her lying-in-state. They will come from across the four kingdoms and from around the world; they will wait patiently in line for very many hours on end; they will doggedly put up with the rain and cold winds all night; they will josh with the coppers and stay cheerful; they will bring their children and grandchildren who will one day be able to tell their own children and grandchildren that they paid their last respects to Queen Elizabeth II, Elizabeth the Good.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c415ea69257bd5839a78c9d5e0eca6f1\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Left to right: West German Chancellor Helmut Kohl, Queen Elizabeth II, President Ronald Reagan and U.K. Prime Minister Margaret Thatcher at Buckingham Palace during a summit for world leaders, June 1984.</span></p><p>Everyone would have perfectly understood if Her Majesty had decided to appoint Liz Truss as prime minister by a <a href=\"https://laohu8.com/S/ZM\">Zoom</a> call. She had missed the Braemar Highland Games and had been suffering ill health, and a personal meeting wasn&#39;t strictly constitutionally necessary. As we now know -- and as she herself might well have suspected -- she only had two more days to live. But anyone who thought that she would put her personal comfort before what she saw as her duty doesn&#39;t understand the character of The Queen, the last of the Greatest Generation. When she was shot at six times as she rode down the Mall at the Trooping of the Colour in 1981, she didn&#39;t know the assailant was firing blanks, but she carried on the parade regardless. That is the kind of raw courage we took for granted from her.</p><p>Britain has undergone several extremely difficult moments over the past 70 years as it has been transformed in almost every conceivable way. The Suez Crisis, only four years into the Queen&#39;s reign, forced us to come to terms with the loss of the largest empire in world history over the course of only a decade or so, yet we never responded to the imperial humiliation in the way that France did in Algeria, let alone the way Putin is doing in Ukraine. The 1970s saw the serious danger of Britain slipping into the position of a third-rank power, and the tough-love medicine that Margaret Thatcher imposed to reverse that trajectory in the 1980s led to violent strikes and riots, yet not to worse. The issue of race hatred is thankfully largely behind Britons now, but we must never forget that it occasionally caused civil unrest. The refusal of much of the Establishment to accept the result of the Brexit referendum toxified British politics for half a decade. British history since 1952 hasn&#39;t been plain sailing.</p><p>Yet the knowledge that at the apex of our political system, our constitutional structure, our armed forces, our Commonwealth, our legal system and our national church stood a lady of irreproachable morals, who moreover confined her political involvement to advising, encouraging and warning but never to partisan politics, has exercised an inestimably positive influence on our public life. Liz Truss wasn&#39;t exaggerating when she perceptively said that the Queen was &#34;the rock upon which modern Britain was built.&#34;</p><p>Although she was a small &#34;c&#34; conservative in many aspects of life, as many nonagenarians naturally are, The Queen was always exemplary in the way that she never interfered in politics, and Sir Keir Starmer&#39;s public statement showed that the Labour Party admired her just as much as the large-c Conservatives. In a country that is being riven by extreme partisan politics at the moment, as Britons face a post-Covid future and inflationary spirals, admiration for her was one of the few things that united both frontbenches in parliament. Now even that has gone.</p><p>More than a century separated the births of The Queen&#39;s first prime minister, Winston Churchill, and her last, Liz Truss. Even more extraordinary, the 96 years of her life constitutes 39% of the existence of the United States as an independent country. Her love of the United States -- her only incognito holidays were taken in Kentucky -- was instrumental in keeping our most important alliance, the Special Relationship, as fresh as it is profound. We have only just begun to note the number of ways we are going to miss her, on both the international and the domestic stages.</p><p>A millennium-old monarchy is a book of many chapters. One unusually long and glorious chapter has closed, and a new one is now opening. If Britain today seems somewhat untethered, mournful of course but also apprehensive, it is because King Charles III has almost impossibly large boots to fill. Yet he has been waiting for 70 of his 73 years for the role to devolve upon him and is therefore supremely ready for it. There is something immensely spiritually right that a role such as this is assumed during a period of mourning. Politicians take power feeling like they have won the lottery; monarchs accede to thrones mournful at the death of their parent. Succession at a time of somber reflection rather than exultant triumph is part of the genius of constitutional monarchy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/874414f0f61b424aaf7b94a980470613\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><span>Queen Elizabeth II in the House of Lords for the opening of Parliament, May 2015. She continued to fulfill her duties until the end, appointing her 15th prime minister, Liz Truss, on Sept 6.</span></p><p>We as a nation made The Queen do things that we would never, ever, even consider doing ourselves. We expected her to do her job to the age of 96, when we retire at 65, and to keep doing it up to two days before her death. We expected her to invite bloodthirsty dictators to stay in her home, because British foreign policy interests required it. We expected her, aged 86, to stand on a boat in the Thames in the freezing rain during the diamond jubilee, waving for hour after hour. We expected her to shake the hand of a former IRA gunmen who approved the murder of her husband&#39;s uncle. We expected her to smile and charm and shake hands cordially, whatever she might privately have been feeling inside about her family&#39;s all-too-public traumas.</p><p>She did all of it, and in 70 years she never once complained. She was the best of us.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266415879","content_text":"ByAndrew RobertsMr. Roberts is the author, most recently, of \"The Last King of America: The Misunderstood Reign of George III\" and a royal commentator for NBC News.We British like to believe that we have the virtues of duty, decency, good humor and tolerance as part of our national DNA. There might be some self-delusion in this, and it is certainly not always true, but it is a strong part of our self-defining myth as a people. Of one Briton, however, it genuinely was true, and for 70 years we have known that because of her virtues we would always be proud of her wherever she went -- and thus proud of our country too. She was a fine lifelong role model for millions in Britain, the Commonwealth and around the world.The complete certainty that -- whatever the rest of her family might say or do -- Her Majesty The Queen would never embarrass us on the world stage, but would always perform her duties with the utmost professionalism and unflappable calm, made her the soft-power equivalent of an aircraft carrier when it came to international relations. However much our other national institutions might let us down, we always knew that The Queen would never put a step out of place or say a single word that would make us cringe.Queen Elizabeth II and her husband Prince Philip in Buckingham Palace, December 1958. They were married for 73 years before his death in 2021.In the full glare of the global media for seven decades, meeting hundreds of thousands of people one-on-one and untold millions in public events, traveling to over a hundred countries of the world, dealing with delicate diplomatic incidents that today are history but at the time could have produced strife, advising 15 prime ministers from Winston Churchill to Liz Truss, she knew just what to do. It seems almost superhuman; it was certainly the absolute acme of professionalism. Would to God that more of our leaders in public life had a fraction of her grace, her gravitas and, above all, her common sense.The Queen had an uncanny knack for encapsulating in a phrase what the rest of us think but rarely quite put into words, or at least rarely have the opportunity to say to the right person at the right time. \"Why did no one see it coming?\" she asked Mervyn King, the Governor of the Bank of England, about the 2008 Great Crash. \"Why would anyone want the job?\" she asked Boris Johnson when he became prime minister during the Brexit maelstrom. Then there was the sixth sense she had for what her people were feeling. When they were hurting financially during the Great Crash, she canceled her birthday party at the Ritz. And of course there was her choice of the apposite phrase. \"Grief is the price we pay for love,\" she said in the aftermath of 9/11, encapsulating precisely what the West was feeling.Remember those words as we watch the long line of mourning Britons and her subjects from 15 countries across the globe next week, stretching from her catafalque in Westminster Hall. I strongly suspect that it will go down the Thames all the way to the City of London financial district in the east of the capital, as they pay their respects at her lying-in-state. They will come from across the four kingdoms and from around the world; they will wait patiently in line for very many hours on end; they will doggedly put up with the rain and cold winds all night; they will josh with the coppers and stay cheerful; they will bring their children and grandchildren who will one day be able to tell their own children and grandchildren that they paid their last respects to Queen Elizabeth II, Elizabeth the Good.Left to right: West German Chancellor Helmut Kohl, Queen Elizabeth II, President Ronald Reagan and U.K. Prime Minister Margaret Thatcher at Buckingham Palace during a summit for world leaders, June 1984.Everyone would have perfectly understood if Her Majesty had decided to appoint Liz Truss as prime minister by a Zoom call. She had missed the Braemar Highland Games and had been suffering ill health, and a personal meeting wasn't strictly constitutionally necessary. As we now know -- and as she herself might well have suspected -- she only had two more days to live. But anyone who thought that she would put her personal comfort before what she saw as her duty doesn't understand the character of The Queen, the last of the Greatest Generation. When she was shot at six times as she rode down the Mall at the Trooping of the Colour in 1981, she didn't know the assailant was firing blanks, but she carried on the parade regardless. That is the kind of raw courage we took for granted from her.Britain has undergone several extremely difficult moments over the past 70 years as it has been transformed in almost every conceivable way. The Suez Crisis, only four years into the Queen's reign, forced us to come to terms with the loss of the largest empire in world history over the course of only a decade or so, yet we never responded to the imperial humiliation in the way that France did in Algeria, let alone the way Putin is doing in Ukraine. The 1970s saw the serious danger of Britain slipping into the position of a third-rank power, and the tough-love medicine that Margaret Thatcher imposed to reverse that trajectory in the 1980s led to violent strikes and riots, yet not to worse. The issue of race hatred is thankfully largely behind Britons now, but we must never forget that it occasionally caused civil unrest. The refusal of much of the Establishment to accept the result of the Brexit referendum toxified British politics for half a decade. British history since 1952 hasn't been plain sailing.Yet the knowledge that at the apex of our political system, our constitutional structure, our armed forces, our Commonwealth, our legal system and our national church stood a lady of irreproachable morals, who moreover confined her political involvement to advising, encouraging and warning but never to partisan politics, has exercised an inestimably positive influence on our public life. Liz Truss wasn't exaggerating when she perceptively said that the Queen was \"the rock upon which modern Britain was built.\"Although she was a small \"c\" conservative in many aspects of life, as many nonagenarians naturally are, The Queen was always exemplary in the way that she never interfered in politics, and Sir Keir Starmer's public statement showed that the Labour Party admired her just as much as the large-c Conservatives. In a country that is being riven by extreme partisan politics at the moment, as Britons face a post-Covid future and inflationary spirals, admiration for her was one of the few things that united both frontbenches in parliament. Now even that has gone.More than a century separated the births of The Queen's first prime minister, Winston Churchill, and her last, Liz Truss. Even more extraordinary, the 96 years of her life constitutes 39% of the existence of the United States as an independent country. Her love of the United States -- her only incognito holidays were taken in Kentucky -- was instrumental in keeping our most important alliance, the Special Relationship, as fresh as it is profound. We have only just begun to note the number of ways we are going to miss her, on both the international and the domestic stages.A millennium-old monarchy is a book of many chapters. One unusually long and glorious chapter has closed, and a new one is now opening. If Britain today seems somewhat untethered, mournful of course but also apprehensive, it is because King Charles III has almost impossibly large boots to fill. Yet he has been waiting for 70 of his 73 years for the role to devolve upon him and is therefore supremely ready for it. There is something immensely spiritually right that a role such as this is assumed during a period of mourning. Politicians take power feeling like they have won the lottery; monarchs accede to thrones mournful at the death of their parent. Succession at a time of somber reflection rather than exultant triumph is part of the genius of constitutional monarchy.Queen Elizabeth II in the House of Lords for the opening of Parliament, May 2015. She continued to fulfill her duties until the end, appointing her 15th prime minister, Liz Truss, on Sept 6.We as a nation made The Queen do things that we would never, ever, even consider doing ourselves. We expected her to do her job to the age of 96, when we retire at 65, and to keep doing it up to two days before her death. We expected her to invite bloodthirsty dictators to stay in her home, because British foreign policy interests required it. We expected her, aged 86, to stand on a boat in the Thames in the freezing rain during the diamond jubilee, waving for hour after hour. We expected her to shake the hand of a former IRA gunmen who approved the murder of her husband's uncle. We expected her to smile and charm and shake hands cordially, whatever she might privately have been feeling inside about her family's all-too-public traumas.She did all of it, and in 70 years she never once complained. She was the best of us.","news_type":1},"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932064449,"gmtCreate":1662857250981,"gmtModify":1676537150495,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"If only everything goes with the history","listText":"If only everything goes with the history","text":"If only everything goes with the history","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9932064449","repostId":"2266398293","repostType":2,"repost":{"id":"2266398293","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":1662857059,"share":"https://www.laohu8.com/m/news/2266398293?lang=&edition=full","pubTime":"2022-09-11 08:44","market":"us","language":"en","title":"A Strong Market Rally Could Be Just Weeks Away If the U.S. Midterm Elections Can Put Anxious Stock Investors at Ease","url":"https://stock-news.laohu8.com/highlight/detail?id=2266398293","media":"Dow Jones","summary":"If the U.S. midterm election cycle this year is like past ones, the stock market will carve out an i","content":"<html><head></head><body><p>If the U.S. midterm election cycle this year is like past ones, the stock market will carve out an important low right around Election Day in November.</p><p>That should give some hope to beleaguered investors whose stock holdings have suffered double-digit losses so far this year. A meaningful rally could be just a few weeks away.</p><p>I&#39;m referring to the historical pattern in the stock market of pre-midterm weakness and post-midterm strength. This pattern is plotted in the chart below, which is based on the average July-December performance of the Dow Jones Industrial Average  in the last 17 midterm election years (since 1954).</p><p><img src=\"https://static.tigerbbs.com/8db8dce7f85a1b3a6cc790f3a79ff21a\" tg-width=\"700\" tg-height=\"471\" width=\"100%\" height=\"auto\"/></p><p>Though the date of the average in this chart is in October, the actual lows in the historical record can come earlier or later. Much depends on when the stock market begins to anticipate the outcome of the midterms and therefore discounts it. A good guess is that the low this year will be later, given the uncertainty about the election outcome -- especially in the U.S. Senate.</p><p>It&#39;s always possible that the pre-midterm low will occur in advance of Election Day. It wouldn&#39;t be inconsistent with the historical record for this year&#39;s low to have occurred the day after Labor Day, in fact. As of Sept. 9, the S&amp;P 500   was more than 4% higher than that low.</p><p>It&#39;s worth noting how remarkable it is for any pattern to emerge when averaging together many years worth of stock market gyrations. Though each year carves out a unique path, the highs and lows usually cancel each other out, leaving the average to be a gradual upward-sloping line. A pattern has to be quite pronounced in the historical data for a deviation to appear that is as stark as the one in the accompanying chart.</p><p>This pre- and post-midterm pattern is so pronounced that it is the source of the famous seasonal pattern known as the &#34;Halloween Indicator,&#34; according to which the stock market is strongest between Oct. 31 and May 1 and weakest the other six months of the year. Yet take away the six months before- and after mid-term elections and the Halloween Indicator disappears.</p><p>The underlying data appear in the table below. The cell marked with a single asterisk (*) refers to the current six-month period, while the cell marked with a double asterisk (**) corresponds to the six-month period that begins at the end of October 2022.</p><p><img src=\"https://static.tigerbbs.com/200d68de48ef106579622d3fc32df9ff\" tg-width=\"945\" tg-height=\"302\" width=\"100%\" height=\"auto\"/></p><p>So if you are tempted to bet on the Halloween Indicator, your time is fast approaching. If you miss it, you won&#39;t have another chance until the 2026 midterms.</p><p>Credit for discovering that the Halloween Indicator traces to the months prior to and subsequent to the midterms goes to Terry Marsh, an emeritus finance professor at the University of California, Berkeley, and CEO of Quantal International, and Kam Fong Chan, a senior lecturer in finance at the University of Queensland in Australia. Their research into this pattern appeared in July 2021 in the Journal of Financial Economics.</p><p>The likely source of the pattern, according to the researchers, is the uncertainty that exists prior to the midterms and the resolution of that uncertainty after the election. They note that it appears not to matter which party dominates Congress prior to the midterms and which becomes the majority party afterwards. The pattern exists, they believe, because the stock market craves certainty, even when the source of that certainty may not be in accord with every investor&#39;s political preferences.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Strong Market Rally Could Be Just Weeks Away If the U.S. Midterm Elections Can Put Anxious Stock Investors at Ease</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 Strong Market Rally Could Be Just Weeks Away If the U.S. Midterm Elections Can Put Anxious Stock Investors at Ease\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-09-11 08:44</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>If the U.S. midterm election cycle this year is like past ones, the stock market will carve out an important low right around Election Day in November.</p><p>That should give some hope to beleaguered investors whose stock holdings have suffered double-digit losses so far this year. A meaningful rally could be just a few weeks away.</p><p>I&#39;m referring to the historical pattern in the stock market of pre-midterm weakness and post-midterm strength. This pattern is plotted in the chart below, which is based on the average July-December performance of the Dow Jones Industrial Average  in the last 17 midterm election years (since 1954).</p><p><img src=\"https://static.tigerbbs.com/8db8dce7f85a1b3a6cc790f3a79ff21a\" tg-width=\"700\" tg-height=\"471\" width=\"100%\" height=\"auto\"/></p><p>Though the date of the average in this chart is in October, the actual lows in the historical record can come earlier or later. Much depends on when the stock market begins to anticipate the outcome of the midterms and therefore discounts it. A good guess is that the low this year will be later, given the uncertainty about the election outcome -- especially in the U.S. Senate.</p><p>It&#39;s always possible that the pre-midterm low will occur in advance of Election Day. It wouldn&#39;t be inconsistent with the historical record for this year&#39;s low to have occurred the day after Labor Day, in fact. As of Sept. 9, the S&amp;P 500   was more than 4% higher than that low.</p><p>It&#39;s worth noting how remarkable it is for any pattern to emerge when averaging together many years worth of stock market gyrations. Though each year carves out a unique path, the highs and lows usually cancel each other out, leaving the average to be a gradual upward-sloping line. A pattern has to be quite pronounced in the historical data for a deviation to appear that is as stark as the one in the accompanying chart.</p><p>This pre- and post-midterm pattern is so pronounced that it is the source of the famous seasonal pattern known as the &#34;Halloween Indicator,&#34; according to which the stock market is strongest between Oct. 31 and May 1 and weakest the other six months of the year. Yet take away the six months before- and after mid-term elections and the Halloween Indicator disappears.</p><p>The underlying data appear in the table below. The cell marked with a single asterisk (*) refers to the current six-month period, while the cell marked with a double asterisk (**) corresponds to the six-month period that begins at the end of October 2022.</p><p><img src=\"https://static.tigerbbs.com/200d68de48ef106579622d3fc32df9ff\" tg-width=\"945\" tg-height=\"302\" width=\"100%\" height=\"auto\"/></p><p>So if you are tempted to bet on the Halloween Indicator, your time is fast approaching. If you miss it, you won&#39;t have another chance until the 2026 midterms.</p><p>Credit for discovering that the Halloween Indicator traces to the months prior to and subsequent to the midterms goes to Terry Marsh, an emeritus finance professor at the University of California, Berkeley, and CEO of Quantal International, and Kam Fong Chan, a senior lecturer in finance at the University of Queensland in Australia. Their research into this pattern appeared in July 2021 in the Journal of Financial Economics.</p><p>The likely source of the pattern, according to the researchers, is the uncertainty that exists prior to the midterms and the resolution of that uncertainty after the election. They note that it appears not to matter which party dominates Congress prior to the midterms and which becomes the majority party afterwards. The pattern exists, they believe, because the stock market craves certainty, even when the source of that certainty may not be in accord with every investor&#39;s political preferences.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266398293","content_text":"If the U.S. midterm election cycle this year is like past ones, the stock market will carve out an important low right around Election Day in November.That should give some hope to beleaguered investors whose stock holdings have suffered double-digit losses so far this year. A meaningful rally could be just a few weeks away.I'm referring to the historical pattern in the stock market of pre-midterm weakness and post-midterm strength. This pattern is plotted in the chart below, which is based on the average July-December performance of the Dow Jones Industrial Average  in the last 17 midterm election years (since 1954).Though the date of the average in this chart is in October, the actual lows in the historical record can come earlier or later. Much depends on when the stock market begins to anticipate the outcome of the midterms and therefore discounts it. A good guess is that the low this year will be later, given the uncertainty about the election outcome -- especially in the U.S. Senate.It's always possible that the pre-midterm low will occur in advance of Election Day. It wouldn't be inconsistent with the historical record for this year's low to have occurred the day after Labor Day, in fact. As of Sept. 9, the S&P 500   was more than 4% higher than that low.It's worth noting how remarkable it is for any pattern to emerge when averaging together many years worth of stock market gyrations. Though each year carves out a unique path, the highs and lows usually cancel each other out, leaving the average to be a gradual upward-sloping line. A pattern has to be quite pronounced in the historical data for a deviation to appear that is as stark as the one in the accompanying chart.This pre- and post-midterm pattern is so pronounced that it is the source of the famous seasonal pattern known as the \"Halloween Indicator,\" according to which the stock market is strongest between Oct. 31 and May 1 and weakest the other six months of the year. Yet take away the six months before- and after mid-term elections and the Halloween Indicator disappears.The underlying data appear in the table below. The cell marked with a single asterisk (*) refers to the current six-month period, while the cell marked with a double asterisk (**) corresponds to the six-month period that begins at the end of October 2022.So if you are tempted to bet on the Halloween Indicator, your time is fast approaching. If you miss it, you won't have another chance until the 2026 midterms.Credit for discovering that the Halloween Indicator traces to the months prior to and subsequent to the midterms goes to Terry Marsh, an emeritus finance professor at the University of California, Berkeley, and CEO of Quantal International, and Kam Fong Chan, a senior lecturer in finance at the University of Queensland in Australia. Their research into this pattern appeared in July 2021 in the Journal of Financial Economics.The likely source of the pattern, according to the researchers, is the uncertainty that exists prior to the midterms and the resolution of that uncertainty after the election. They note that it appears not to matter which party dominates Congress prior to the midterms and which becomes the majority party afterwards. The pattern exists, they believe, because the stock market craves certainty, even when the source of that certainty may not be in accord with every investor's political preferences.","news_type":1},"isVote":1,"tweetType":1,"viewCount":406,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":187855408562304,"gmtCreate":1686890951090,"gmtModify":1686890955043,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"I think u missed the boat&nbsp;","listText":"I think u missed the boat&nbsp;","text":"I think u missed the boat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187855408562304","repostId":"2343707901","repostType":4,"repost":{"id":"2343707901","pubTimestamp":1686873667,"share":"https://www.laohu8.com/m/news/2343707901?lang=&edition=full","pubTime":"2023-06-16 08:01","market":"us","language":"en","title":"Market's Starting To Look Like 1987","url":"https://stock-news.laohu8.com/highlight/detail?id=2343707901","media":"Seekingalpha","summary":"iantfoto We are not makers of history. We are made by history. - Martin Luther King, Jr. History doesn't exactly repeat, and we always have to be mindful of comparisons where there isn't a large sample size, but could 2023 play out like 1987?","content":"<html><head></head><body><blockquote><em>We are not makers of history. We are made by history. - Martin Luther King, Jr.</em></blockquote><p>History doesn&#39;t exactly repeat, and we always have to be mindful of comparisons where there isn&#39;t a large sample size, but could 2023 play out like 1987?</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/da6daaf214e67ba84b0a44522ccc7e21\" tg-width=\"537\" tg-height=\"709\"/></p><p>Twitter</p><h2>The Stock Market in 1987: A Synopsis</h2><h3>The Phenomenon of the &#34;Melt-Up&#34;</h3><p>In 1987, the stock market experienced a unique phenomenon known as a &#34;melt-up.&#34; This occurrence is characterized by a sharp improvement in the performance of the stock market due to a surge in market sentiment and investor interest. During such a phase, stock prices escalate rapidly, often outpacing their underlying fundamentals. The <a href=\"https://laohu8.com/S/DJS\">Dow Jones</a> Industrial Average (DJI) had a significant move for several months, and good times were rolling.</p><h3>The Crash of 1987</h3><p>Following the melt-up, the market faced a significant downturn, popularly known as the &#34;Black Monday&#34; crash. On October 19, 1987, the Dow Jones Industrial Average plummeted by almost 22%, marking its biggest single-day decline.</p><h3>The Role of the Federal Reserve</h3><p>The Federal Reserve played a pivotal role during this tumultuous period in 1987. The central bank adjusted its policies and interest rates in an attempt to stabilize the market. These actions had far-reaching implications, influencing not only the U.S. economy but also the global financial markets.</p><h2>Market Performance: Comparing 1987 and 2023</h2><h3>Market Gains</h3><p>In 1987, the Dow Jones Industrial Average (DJI) at this point year to date was up 25%, while the NASDAQ 100-Index (NDX, QQQ) in 2023 so far is up a staggering 39%, mainly driven by manic behavior in select stocks around AI such as Nvidia (NVDA) and Microsoft (MSFT). History doesn&#39;t repeat but often rhymes, and a year-to-date path correlation of 0.74 is worth focusing on.</p><h3>Market Sentiment</h3><p>Market sentiment plays a significant role in driving stock market trends. The overconfidence and bullish sentiment observed in 2023 likely resembles the market mood of 1987. This similarity raises the question of whether history might repeat itself, leading to a potential market correction or downturn.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5131d0844cb4f2f9db87e28b84802752\" tg-width=\"535\" tg-height=\"226\"/></p><p>Twitter</p><h2>Conclusion: No One Knows</h2><p>While the comparison between the stock market in 1987 and 2023 offers intriguing insights, it is crucial to remember that the stock market&#39;s performance is influenced by a multitude of factors. Therefore, predicting its trajectory with absolute certainty is impossible.</p><p>I am the furthest away from being a perma-bear, or perma-bull, as possible. The one commonality between bulls and bears is overconfidence. My base case I said back in January remains the same.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a8edafd94fe3b949a2622bea17777d15\" tg-width=\"535\" tg-height=\"283\"/></p><p>Twitter</p><p>Be careful of falling for the AI narrative of the moment. The melt-up in the NASDAQ isn&#39;t driven by AI. It&#39;s driven by people.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market's Starting To Look Like 1987</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\">\nMarket's Starting To Look Like 1987\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-16 08:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4611790-markets-starting-to-look-like-1987><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We are not makers of history. We are made by history. - Martin Luther King, Jr.History doesn't exactly repeat, and we always have to be mindful of comparisons where there isn't a large sample size, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4611790-markets-starting-to-look-like-1987\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://seekingalpha.com/article/4611790-markets-starting-to-look-like-1987","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2343707901","content_text":"We are not makers of history. We are made by history. - Martin Luther King, Jr.History doesn't exactly repeat, and we always have to be mindful of comparisons where there isn't a large sample size, but could 2023 play out like 1987?TwitterThe Stock Market in 1987: A SynopsisThe Phenomenon of the \"Melt-Up\"In 1987, the stock market experienced a unique phenomenon known as a \"melt-up.\" This occurrence is characterized by a sharp improvement in the performance of the stock market due to a surge in market sentiment and investor interest. During such a phase, stock prices escalate rapidly, often outpacing their underlying fundamentals. The Dow Jones Industrial Average (DJI) had a significant move for several months, and good times were rolling.The Crash of 1987Following the melt-up, the market faced a significant downturn, popularly known as the \"Black Monday\" crash. On October 19, 1987, the Dow Jones Industrial Average plummeted by almost 22%, marking its biggest single-day decline.The Role of the Federal ReserveThe Federal Reserve played a pivotal role during this tumultuous period in 1987. The central bank adjusted its policies and interest rates in an attempt to stabilize the market. These actions had far-reaching implications, influencing not only the U.S. economy but also the global financial markets.Market Performance: Comparing 1987 and 2023Market GainsIn 1987, the Dow Jones Industrial Average (DJI) at this point year to date was up 25%, while the NASDAQ 100-Index (NDX, QQQ) in 2023 so far is up a staggering 39%, mainly driven by manic behavior in select stocks around AI such as Nvidia (NVDA) and Microsoft (MSFT). History doesn't repeat but often rhymes, and a year-to-date path correlation of 0.74 is worth focusing on.Market SentimentMarket sentiment plays a significant role in driving stock market trends. The overconfidence and bullish sentiment observed in 2023 likely resembles the market mood of 1987. This similarity raises the question of whether history might repeat itself, leading to a potential market correction or downturn.TwitterConclusion: No One KnowsWhile the comparison between the stock market in 1987 and 2023 offers intriguing insights, it is crucial to remember that the stock market's performance is influenced by a multitude of factors. Therefore, predicting its trajectory with absolute certainty is impossible.I am the furthest away from being a perma-bear, or perma-bull, as possible. The one commonality between bulls and bears is overconfidence. My base case I said back in January remains the same.TwitterBe careful of falling for the AI narrative of the moment. The melt-up in the NASDAQ isn't driven by AI. It's driven by people.","news_type":1},"isVote":1,"tweetType":1,"viewCount":323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944588344,"gmtCreate":1681915620489,"gmtModify":1681915623672,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Jump to the top! It's very easy, just be patient&nbsp;","listText":"Jump to the top! It's very easy, just be patient&nbsp;","text":"Jump to the top! It's very easy, just be patient","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944588344","isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":201243036336360,"gmtCreate":1690162184496,"gmtModify":1690162188930,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Great choices as always!! Huat!&nbsp;","listText":"Great choices as always!! Huat!&nbsp;","text":"Great choices as always!! Huat!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/201243036336360","repostId":"200836040917240","repostType":1,"repost":{"id":200836040917240,"gmtCreate":1690063046827,"gmtModify":1690080272086,"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","crmLevel":6,"crmLevelSwitch":1},"themes":[],"title":"The Winners In My 2023 Midyear Recap","htmlText":"🌟🌟🌟My primary goal in investing is FIRE - Financial Independence Retire Early.&nbsp; I seek to invest in a portfolio of shares in companies&nbsp;that have wide moats, have solid fundamentals and&nbsp;pay steady dividends which will provide me with a passive source of income so that I can be free to pursuit my travels around the world. I use a Core and Satellite approach in investing.&nbsp; The core of my portfolio consists of lower risk investments, long term investments and low costs investments like low cost index fund ETFs.&nbsp; So my Core portfolio consists of large and established blue chip shares, ETFs, and dividend shares.&nbsp; I also like to dollar cost average into my Core portfolio too.&nbsp; My Satellite portfolio is my Tactical play on shares that are higher risk, more volati","listText":"🌟🌟🌟My primary goal in investing is FIRE - Financial Independence Retire Early.&nbsp; I seek to invest in a portfolio of shares in companies&nbsp;that have wide moats, have solid fundamentals and&nbsp;pay steady dividends which will provide me with a passive source of income so that I can be free to pursuit my travels around the world. I use a Core and Satellite approach in investing.&nbsp; The core of my portfolio consists of lower risk investments, long term investments and low costs investments like low cost index fund ETFs.&nbsp; So my Core portfolio consists of large and established blue chip shares, ETFs, and dividend shares.&nbsp; I also like to dollar cost average into my Core portfolio too.&nbsp; My Satellite portfolio is my Tactical play on shares that are higher risk, more volati","text":"🌟🌟🌟My primary goal in investing is FIRE - Financial Independence Retire Early. I seek to invest in a portfolio of shares in companies that have wide moats, have solid fundamentals and pay steady dividends which will provide me with a passive source of income so that I can be free to pursuit my travels around the world. I use a Core and Satellite approach in investing. The core of my portfolio consists of lower risk investments, long term investments and low costs investments like low cost index fund ETFs. So my Core portfolio consists of large and established blue chip shares, ETFs, and dividend shares. I also like to dollar cost average into my Core portfolio too. My Satellite portfolio is my Tactical play on shares that are higher risk, more volati","images":[{"img":"https://community-static.tradeup.com/news/f2704a9c87ae35072a689685f5bbd87a","width":"1080","height":"2340"},{"img":"https://community-static.tradeup.com/news/08627e3cd4d09c7acc06b007e55c625b","width":"1080","height":"2340"},{"img":"https://community-static.tradeup.com/news/1b685ae0e0c2534d1bd773ee3085b854","width":"1080","height":"2340"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/200836040917240","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947203131,"gmtCreate":1683140046123,"gmtModify":1683140050178,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Good read&nbsp;","listText":"Good read&nbsp;","text":"Good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947203131","repostId":"9947640049","repostType":1,"repost":{"id":9947640049,"gmtCreate":1683111619000,"gmtModify":1703674835886,"author":{"id":"3527667592269412","authorId":"3527667592269412","name":"OptionsTracker","avatar":"https://static.tigerbbs.com/e3f1f839aad7a15f602f3f42eaad51af","crmLevel":1,"crmLevelSwitch":0},"themes":[],"title":"Hot stocks covered call  reference [May 3]","htmlText":"Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it. This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time. Income comparison Assume that investors hold 200 shares of Amazon from January 1 to December 17, 2021 If there is no operation during the holding period, the final total assets will be USD 675,484 If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, ano","listText":"Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it. This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time. Income comparison Assume that investors hold 200 shares of Amazon from January 1 to December 17, 2021 If there is no operation during the holding period, the final total assets will be USD 675,484 If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, ano","text":"Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it. This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time. Income comparison Assume that investors hold 200 shares of Amazon from January 1 to December 17, 2021 If there is no operation during the holding period, the final total assets will be USD 675,484 If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, ano","images":[{"img":"https://static.tigerbbs.com/1be4ad594d709020d91c8496e1f9e7c9"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947640049","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947634325,"gmtCreate":1683039578468,"gmtModify":1683039582508,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Context logic wrong move to consolidate.. meaning more room to drop for them.","listText":"Context logic wrong move to consolidate.. meaning more room to drop for them.","text":"Context logic wrong move to consolidate.. meaning more room to drop for them.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947634325","repostId":"1187279282","repostType":2,"repost":{"id":"1187279282","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1683038836,"share":"https://www.laohu8.com/m/news/1187279282?lang=&edition=full","pubTime":"2023-05-02 22:47","market":"us","language":"en","title":"Meme Stocks Fell in Morning Trading; Clover Health, ContextLogic and Magic Empire Slid Over 5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1187279282","media":"Tiger Newspress","summary":"Meme stocks fell in morning trading; Clover Health Corp,  ContextLogic Inc. and Magic Empire Global ","content":"<html><head></head><body><p>Meme stocks fell in morning trading; <a href=\"https://laohu8.com/S/CLOV\">Clover Health Corp</a>,  <a href=\"https://laohu8.com/S/WISH\">ContextLogic Inc.</a> and <a href=\"https://laohu8.com/S/MEGL\">Magic Empire Global Ltd</a> slid over 5%.   </p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5507377a77d0fa5f49a1727d016c8d0b\" tg-width=\"261\" tg-height=\"504\"/></p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Meme Stocks Fell in Morning Trading; Clover Health, ContextLogic and Magic Empire Slid Over 5%</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\">\nMeme Stocks Fell in Morning Trading; Clover Health, ContextLogic and Magic Empire Slid Over 5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-05-02 22:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Meme stocks fell in morning trading; <a href=\"https://laohu8.com/S/CLOV\">Clover Health Corp</a>,  <a href=\"https://laohu8.com/S/WISH\">ContextLogic Inc.</a> and <a href=\"https://laohu8.com/S/MEGL\">Magic Empire Global Ltd</a> slid over 5%.   </p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5507377a77d0fa5f49a1727d016c8d0b\" tg-width=\"261\" tg-height=\"504\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CLOV":"Clover Health Corp","MEGL":"智富融资","WISH":"ContextLogic Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187279282","content_text":"Meme stocks fell in morning trading; Clover Health Corp,  ContextLogic Inc. and Magic Empire Global Ltd slid over 5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152977152,"gmtCreate":1625267975776,"gmtModify":1703739543052,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Buy the dip","listText":"Buy the dip","text":"Buy the dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/152977152","repostId":"1196840875","repostType":4,"isVote":1,"tweetType":1,"viewCount":31,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3571959390768435","authorId":"3571959390768435","name":"stormlee","avatar":"https://static.tigerbbs.com/80629ef9648273c0d6465aee66dbd98a","crmLevel":2,"crmLevelSwitch":0},"content":"Comment & like pls","text":"Comment & like pls","html":"Comment & like pls"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":863603233,"gmtCreate":1632380593722,"gmtModify":1676530768296,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"I bought this too.//<a href=\"https://laohu8.com/U/3559581955535845\">@koolgal</a>:Go&nbsp;<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>&nbsp;!&nbsp; To the moon????????","listText":"I bought this too.//<a href=\"https://laohu8.com/U/3559581955535845\">@koolgal</a>:Go&nbsp;<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>&nbsp;!&nbsp; To the moon????????","text":"I bought this too.//@koolgal:Go $BlackBerry(BB)$ ! To the moon????????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/863603233","repostId":"2169683206","repostType":4,"repost":{"id":"2169683206","pubTimestamp":1632354480,"share":"https://www.laohu8.com/m/news/2169683206?lang=&edition=full","pubTime":"2021-09-23 07:48","market":"us","language":"en","title":"After-Hours Stock Movers: BlackBerry, Eargo, Steelcase, Synlogic and more","url":"https://stock-news.laohu8.com/highlight/detail?id=2169683206","media":"StreetInsider","summary":"Today's After-Hours Stock Movers:\nEargo, Inc. (NASDAQ: EAR) 51.6% LOWER; was informed that it is the","content":"<p>Today's After-Hours Stock Movers:</p>\n<p><a href=\"https://laohu8.com/S/EAR\">Eargo, Inc.</a> (NASDAQ: EAR) 51.6% LOWER; was informed that it is the target of a criminal investigation by the U.S. Department of Justice (the “DOJ”) related to insurance reimbursement claims the Company has submitted on behalf of its customers covered by federal employee health plans. The Company is cooperating with the investigation. In addition, the Company intends to work with the government with the objective of validating the process to support any future claims that the Company may submit for reimbursement.</p>\n<p><a href=\"https://laohu8.com/S/BB\">BlackBerry</a> (NYSE: BB) 6.5% HIGHER; reported Q2 EPS of ($0.06), $0.01 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $175 million versus the consensus estimate of $163.5 million.</p>\n<p><a href=\"https://laohu8.com/S/SYBX\">Synlogic, Inc.</a> (Nasdaq: SYBX) 5.7% LOWER; announced that it has commenced an underwritten public offering of its common stock. All shares of common stock to be sold in the offering will be offered by Synlogic. Synlogic intends to grant the underwriters a 30-day option to purchase up to an aggregate of an additional 15% of the shares of its common stock offered in the public offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.</p>\n<p><a href=\"https://laohu8.com/S/SCS\">Steelcase</a> (NYSE: SCS) 4.5% LOWER; reported Q2 EPS of $0.21, $0.03 worse than the analyst estimate of $0.24. Revenue for the quarter came in at $724.8 million versus the consensus estimate of $763.62 million. Steelcase sees Q3 2022 EPS of $0.07-$0.11, versus the consensus of $0.10. Steelcase sees Q3 2022 revenue of $755-785 million, versus the consensus of $720.8 million.</p>\n<p><a href=\"https://laohu8.com/S/FUL\">H.B. Fuller</a> (NYSE: FUL) 3% HIGHER; reported Q3 EPS of $0.79, in-line with the analyst estimate of $0.79. Revenue for the quarter came in at $827 million versus the consensus estimate of $797.48 million.</p>\n<p><a href=\"https://laohu8.com/S/VTNR\">Vertex</a> (NASDAQ: VTNR) 0.35% HIGHER; provided an update on the proposed acquisition of the Mobile refinery located in Mobile, Alabama from Equilon Enterprises LLC d/b/a Shell Oil Products US, Shell Oil Company and Shell Chemical LP, subsidiaries of Royal Dutch Shell plc.</p>","source":"highlight_streetinsider","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>After-Hours Stock Movers: BlackBerry, Eargo, Steelcase, Synlogic and more</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter-Hours Stock Movers: BlackBerry, Eargo, Steelcase, Synlogic and more\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-23 07:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18971588><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Today's After-Hours Stock Movers:\nEargo, Inc. (NASDAQ: EAR) 51.6% LOWER; was informed that it is the target of a criminal investigation by the U.S. Department of Justice (the “DOJ”) related to ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18971588\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VTNR":"顶点能源","EAR":"Eargo, Inc.","SYBX":"Synlogic, Inc.","SCS":"Steelcase Inc.","BB":"黑莓","FUL":"富乐"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18971588","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2169683206","content_text":"Today's After-Hours Stock Movers:\nEargo, Inc. (NASDAQ: EAR) 51.6% LOWER; was informed that it is the target of a criminal investigation by the U.S. Department of Justice (the “DOJ”) related to insurance reimbursement claims the Company has submitted on behalf of its customers covered by federal employee health plans. The Company is cooperating with the investigation. In addition, the Company intends to work with the government with the objective of validating the process to support any future claims that the Company may submit for reimbursement.\nBlackBerry (NYSE: BB) 6.5% HIGHER; reported Q2 EPS of ($0.06), $0.01 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $175 million versus the consensus estimate of $163.5 million.\nSynlogic, Inc. (Nasdaq: SYBX) 5.7% LOWER; announced that it has commenced an underwritten public offering of its common stock. All shares of common stock to be sold in the offering will be offered by Synlogic. Synlogic intends to grant the underwriters a 30-day option to purchase up to an aggregate of an additional 15% of the shares of its common stock offered in the public offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.\nSteelcase (NYSE: SCS) 4.5% LOWER; reported Q2 EPS of $0.21, $0.03 worse than the analyst estimate of $0.24. Revenue for the quarter came in at $724.8 million versus the consensus estimate of $763.62 million. Steelcase sees Q3 2022 EPS of $0.07-$0.11, versus the consensus of $0.10. Steelcase sees Q3 2022 revenue of $755-785 million, versus the consensus of $720.8 million.\nH.B. Fuller (NYSE: FUL) 3% HIGHER; reported Q3 EPS of $0.79, in-line with the analyst estimate of $0.79. Revenue for the quarter came in at $827 million versus the consensus estimate of $797.48 million.\nVertex (NASDAQ: VTNR) 0.35% HIGHER; provided an update on the proposed acquisition of the Mobile refinery located in Mobile, Alabama from Equilon Enterprises LLC d/b/a Shell Oil Products US, Shell Oil Company and Shell Chemical LP, subsidiaries of Royal Dutch Shell plc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":98,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811327017,"gmtCreate":1630291107839,"gmtModify":1676530258930,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/811327017","repostId":"813346098","repostType":1,"repost":{"id":813346098,"gmtCreate":1630138766714,"gmtModify":1676530233781,"author":{"id":"3563421686188310","authorId":"3563421686188310","name":"Hopehope赋予希望","avatar":"https://community-static.tradeup.com/news/46495f44529967f5d3b4d03a47167f5b","crmLevel":8,"crmLevelSwitch":1},"themes":[],"title":"28 August 2021: Recap and my theory ahead!","htmlText":"US markets continue to trek higher this week. In fact, after looking at the price movement yesterday, I was of the view that Nasdaq 100 will make another all-time high even before Jerome Powell's speech for Jackson Hole. With points level at 15432, readers who read my articles and posts since the beginning of this year would have noted that my price target of 16,000 is likely to become a reality. Rather than to cover more on what Jerome Powell had spoken yesterday, I would touch on another interesting area, which even I myself was caught by the sudden tide that hit numerous hedge funds that invested in Chinese stocks.Since the Bill Hwang's saga back in March that led to a quick meltdown of Nasdaq 100 futures and several stocks from large to small cap US and Chinese stocks, a number of US b","listText":"US markets continue to trek higher this week. In fact, after looking at the price movement yesterday, I was of the view that Nasdaq 100 will make another all-time high even before Jerome Powell's speech for Jackson Hole. With points level at 15432, readers who read my articles and posts since the beginning of this year would have noted that my price target of 16,000 is likely to become a reality. Rather than to cover more on what Jerome Powell had spoken yesterday, I would touch on another interesting area, which even I myself was caught by the sudden tide that hit numerous hedge funds that invested in Chinese stocks.Since the Bill Hwang's saga back in March that led to a quick meltdown of Nasdaq 100 futures and several stocks from large to small cap US and Chinese stocks, a number of US b","text":"US markets continue to trek higher this week. In fact, after looking at the price movement yesterday, I was of the view that Nasdaq 100 will make another all-time high even before Jerome Powell's speech for Jackson Hole. With points level at 15432, readers who read my articles and posts since the beginning of this year would have noted that my price target of 16,000 is likely to become a reality. Rather than to cover more on what Jerome Powell had spoken yesterday, I would touch on another interesting area, which even I myself was caught by the sudden tide that hit numerous hedge funds that invested in Chinese stocks.Since the Bill Hwang's saga back in March that led to a quick meltdown of Nasdaq 100 futures and several stocks from large to small cap US and Chinese stocks, a number of US b","images":[{"img":"https://static.tigerbbs.com/22af7b0d0ca6e5881de3817d99f8eea8","width":"560","height":"360"},{"img":"https://static.tigerbbs.com/e42fa1d6d34b97abf9f53bcdffde2370","width":"560","height":"360"},{"img":"https://static.tigerbbs.com/119c268b1eaf466743d91d71dcd480f4","width":"556","height":"192"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/813346098","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":5,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":80,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181901660,"gmtCreate":1623369411550,"gmtModify":1704201729595,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Down before a rocket comes","listText":"Down before a rocket comes","text":"Down before a rocket comes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/181901660","repostId":"1194129273","repostType":4,"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3569227954325701","authorId":"3569227954325701","name":"Seuna","avatar":"https://static.tigerbbs.com/0bfb6c0f011a65d66aae3afb6132a82d","crmLevel":2,"crmLevelSwitch":0},"content":"Like and comment please","text":"Like and comment please","html":"Like and comment please"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149231529,"gmtCreate":1625728551061,"gmtModify":1703747249836,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Keep one will do","listText":"Keep one will do","text":"Keep one will do","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/149231529","repostId":"2149313255","repostType":4,"isVote":1,"tweetType":1,"viewCount":43,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189227702,"gmtCreate":1623278431406,"gmtModify":1704199757208,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Like and comment pls. Thanks","listText":"Like and comment pls. Thanks","text":"Like and comment pls. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/189227702","repostId":"1188697627","repostType":4,"isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147707012,"gmtCreate":1626390056836,"gmtModify":1703759050900,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"The crash will definitely come. The Big Question is WHEN?","listText":"The crash will definitely come. The Big Question is WHEN?","text":"The crash will definitely come. The Big Question is WHEN?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/147707012","repostId":"1155093230","repostType":4,"isVote":1,"tweetType":1,"viewCount":60,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158472294,"gmtCreate":1625180166918,"gmtModify":1703737640090,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/158472294","repostId":"1199212665","repostType":4,"repost":{"id":"1199212665","pubTimestamp":1625146084,"share":"https://www.laohu8.com/m/news/1199212665?lang=&edition=full","pubTime":"2021-07-01 21:28","market":"us","language":"en","title":"3 Expensive Tech Stocks to Buy in the Next Market Crash","url":"https://stock-news.laohu8.com/highlight/detail?id=1199212665","media":"Motley Fool","summary":"Get ready to buy Snowflake and two other hot tech stocks if this frothy market collapses.","content":"<p>Many high-growth tech stocks have seen price pullbacks over the past few months, due to concerns about higher bond yields, inflation, and decelerating growth for companies that benefited from the pandemic.</p>\n<p>That sell-off created some buying opportunities -- but some of the sector's pricier names merely pulled back slightly, held onto their gains, or even rallied. That relative strength is admirable, but it's a bit frustrating for investors who don't want to pay the wrong price for the right company.</p>\n<p>That's why I'm making a shopping list of expensive tech stocks which I'd eagerly buy during the next market crash. Let's take a look at three of those companies:<b>Snowflake</b>(NYSE:SNOW),<b>Twilio</b>(NYSE:TWLO), and&nbsp;<b>CrowdStrike</b>(NASDAQ:CRWD).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fde232ce39d9cd52a01fd6ec018cae53\" tg-width=\"700\" tg-height=\"466\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p><b>1. Snowflake</b></p>\n<p>Snowflake was one of the hottest tech IPOs of 2020, thanks to its jaw-dropping growth rates and big investments from&nbsp;<b>Berkshire Hathaway</b>&nbsp;and&nbsp;<b>salesforce.com</b>.</p>\n<p>Snowflake'scloud-baseddata warehouse pulls all of a company's data onto a single platform, where it can then be fed into third-party data visualization apps. Its service breaks down the silos between different departments and computing platforms, which makes it easier for large companies to make data-driven decisions.</p>\n<p>Snowflake's number of customers jumped 73% to 4,139 in fiscal 2021 (which ended this January), including 186 of the Fortune 500 companies. Its revenue surged 124% to $592 million, as its net retention rate -- which gauges its year-over-year revenue growth per existing customer -- hit 165%.</p>\n<p>That growth continued in the first quarter of 2022. Its revenue rose 110% year over year to $228.9 million, its number of customers increased 67% to 4,532, and it achieved a net retention rate of 168%.</p>\n<p>But Snowflake isn't profitable yet. ItsGAAPnet loss widened from $348.5 million in fiscal 2020 to $539.1 million in fiscal 2021, and<i>more than doubled</i>from $93.6 million to $203.2 million in the first quarter of 2022. It's also unprofitable on a non-GAAP basis, which excludes its stock-based compensation expenses.</p>\n<p>Analysts expect Snowflake's revenue to rise 88% this year, with a narrower loss. However, its stock still trades at 65 times this year's sales -- which indicates there's still far too much growth baked into the stock. But if Snowflake gets cut in half in a crash, I'd considerstarting a big position.</p>\n<p><b>2. Twilio</b></p>\n<p>Twilio's cloud platform processes text messages, calls, and videos within apps. For example, it helps&nbsp;<b>Lyft</b>'s passengers contact their drivers, and&nbsp;<b>Airbnb</b>'s guests reach their hosts.</p>\n<p>In the past, developers built those tools from scratch, which was generally time-consuming, buggy, and difficult to scale. However, developers can now outsource those features to Twilio's cloud service by simply adding a few lines of code to their apps.</p>\n<p>Twilio's revenue rose 55% to $1.76 billion in 2020. Its net expansion rate, which is comparable to Snowflake's net retention rate, reached 137%. In the first quarter of 2021, its revenue jumped 62% year over year to $590 million as it integrated its recent purchase of the customer data firm Segment.</p>\n<p>Twilio remains unprofitable on a GAAP basis, but its non-GAAP net income rose 62% to $35.9 million in 2020. In the first quarter of 2021, its non-GAAP net income rose another 15% to $9.6 million.</p>\n<p>Analysts expect its revenue to rise 44% this year, but for its non-GAAP earnings to dip into the red again amid higher investments and rising A2P (application-to-person) fees, which are now charged by carriers whenever an app accesses an SMS network.</p>\n<p>That near-term outlook doesn't look great for a stock that trades at nearly 30 times this year's sales. However, I still think Twilio has great growth potential, and I'd definitely buy its stock at a lower price.</p>\n<p><b>3. CrowdStrike</b></p>\n<p>CrowdStrike is a cybersecurity company that differs from its industry peers in one major way. Most cybersecurity companies install on-site appliances to support their services, which can be expensive to maintain and difficult to scale as an organization expands. CrowdStrike eliminates those appliances by offering its end-to-end security platform as a cloud-based service.</p>\n<p>CrowdStrike's growth clearly reflects its disruptive potential. Its revenue rose 82% to $874.4 million in fiscal 2021 (which ended this January), its number of subscription customers increased 82% to 9,896, and its net retention rate stayed above 120%.</p>\n<p>In the first quarter of fiscal 2022, its revenue rose 70% year over year to $302.8 million, its subscriber base expanded 82% year over year to 11,420, and it kept its retention rate above 120%.</p>\n<p>CrowdStrike also turned profitable on a non-GAAP basis in 2021, with a net profit of $62.6 million. Its non-GAAP net income rose more than fivefold year over year to $23.3 million in the first quarter of 2022.</p>\n<p>Those&nbsp;numbers are impressive, but CrowdStrike still trades at about 350 times forward earnings and more than 40 times this year's sales. Therefore, this is another stock I won't buy unless the market crashes.</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>3 Expensive Tech Stocks to Buy in the Next Market Crash</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Expensive Tech Stocks to Buy in the Next Market Crash\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 21:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/01/expensive-tech-stocks-to-buy-in-next-market-crash/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Many high-growth tech stocks have seen price pullbacks over the past few months, due to concerns about higher bond yields, inflation, and decelerating growth for companies that benefited from the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/01/expensive-tech-stocks-to-buy-in-next-market-crash/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNOW":"Snowflake","TWLO":"Twilio Inc","CRWD":"CrowdStrike Holdings, Inc."},"source_url":"https://www.fool.com/investing/2021/07/01/expensive-tech-stocks-to-buy-in-next-market-crash/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199212665","content_text":"Many high-growth tech stocks have seen price pullbacks over the past few months, due to concerns about higher bond yields, inflation, and decelerating growth for companies that benefited from the pandemic.\nThat sell-off created some buying opportunities -- but some of the sector's pricier names merely pulled back slightly, held onto their gains, or even rallied. That relative strength is admirable, but it's a bit frustrating for investors who don't want to pay the wrong price for the right company.\nThat's why I'm making a shopping list of expensive tech stocks which I'd eagerly buy during the next market crash. Let's take a look at three of those companies:Snowflake(NYSE:SNOW),Twilio(NYSE:TWLO), and CrowdStrike(NASDAQ:CRWD).\nIMAGE SOURCE: GETTY IMAGES.\n1. Snowflake\nSnowflake was one of the hottest tech IPOs of 2020, thanks to its jaw-dropping growth rates and big investments from Berkshire Hathaway and salesforce.com.\nSnowflake'scloud-baseddata warehouse pulls all of a company's data onto a single platform, where it can then be fed into third-party data visualization apps. Its service breaks down the silos between different departments and computing platforms, which makes it easier for large companies to make data-driven decisions.\nSnowflake's number of customers jumped 73% to 4,139 in fiscal 2021 (which ended this January), including 186 of the Fortune 500 companies. Its revenue surged 124% to $592 million, as its net retention rate -- which gauges its year-over-year revenue growth per existing customer -- hit 165%.\nThat growth continued in the first quarter of 2022. Its revenue rose 110% year over year to $228.9 million, its number of customers increased 67% to 4,532, and it achieved a net retention rate of 168%.\nBut Snowflake isn't profitable yet. ItsGAAPnet loss widened from $348.5 million in fiscal 2020 to $539.1 million in fiscal 2021, andmore than doubledfrom $93.6 million to $203.2 million in the first quarter of 2022. It's also unprofitable on a non-GAAP basis, which excludes its stock-based compensation expenses.\nAnalysts expect Snowflake's revenue to rise 88% this year, with a narrower loss. However, its stock still trades at 65 times this year's sales -- which indicates there's still far too much growth baked into the stock. But if Snowflake gets cut in half in a crash, I'd considerstarting a big position.\n2. Twilio\nTwilio's cloud platform processes text messages, calls, and videos within apps. For example, it helps Lyft's passengers contact their drivers, and Airbnb's guests reach their hosts.\nIn the past, developers built those tools from scratch, which was generally time-consuming, buggy, and difficult to scale. However, developers can now outsource those features to Twilio's cloud service by simply adding a few lines of code to their apps.\nTwilio's revenue rose 55% to $1.76 billion in 2020. Its net expansion rate, which is comparable to Snowflake's net retention rate, reached 137%. In the first quarter of 2021, its revenue jumped 62% year over year to $590 million as it integrated its recent purchase of the customer data firm Segment.\nTwilio remains unprofitable on a GAAP basis, but its non-GAAP net income rose 62% to $35.9 million in 2020. In the first quarter of 2021, its non-GAAP net income rose another 15% to $9.6 million.\nAnalysts expect its revenue to rise 44% this year, but for its non-GAAP earnings to dip into the red again amid higher investments and rising A2P (application-to-person) fees, which are now charged by carriers whenever an app accesses an SMS network.\nThat near-term outlook doesn't look great for a stock that trades at nearly 30 times this year's sales. However, I still think Twilio has great growth potential, and I'd definitely buy its stock at a lower price.\n3. CrowdStrike\nCrowdStrike is a cybersecurity company that differs from its industry peers in one major way. Most cybersecurity companies install on-site appliances to support their services, which can be expensive to maintain and difficult to scale as an organization expands. CrowdStrike eliminates those appliances by offering its end-to-end security platform as a cloud-based service.\nCrowdStrike's growth clearly reflects its disruptive potential. Its revenue rose 82% to $874.4 million in fiscal 2021 (which ended this January), its number of subscription customers increased 82% to 9,896, and its net retention rate stayed above 120%.\nIn the first quarter of fiscal 2022, its revenue rose 70% year over year to $302.8 million, its subscriber base expanded 82% year over year to 11,420, and it kept its retention rate above 120%.\nCrowdStrike also turned profitable on a non-GAAP basis in 2021, with a net profit of $62.6 million. Its non-GAAP net income rose more than fivefold year over year to $23.3 million in the first quarter of 2022.\nThose numbers are impressive, but CrowdStrike still trades at about 350 times forward earnings and more than 40 times this year's sales. Therefore, this is another stock I won't buy unless the market crashes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":52,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137807188,"gmtCreate":1622334616644,"gmtModify":1704183050860,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/137807188","repostId":"2138488761","repostType":4,"repost":{"id":"2138488761","pubTimestamp":1622214949,"share":"https://www.laohu8.com/m/news/2138488761?lang=&edition=full","pubTime":"2021-05-28 23:15","market":"us","language":"en","title":"Costco is reopening its popular food courts and bringing back churros and free samples in bid to juice profits","url":"https://stock-news.laohu8.com/highlight/detail?id=2138488761","media":"Yahoo Finance","summary":"Costco's popular, money-making food courts are preparing to enter post-pandemic life as the warehous","content":"<p>Costco's popular, money-making food courts are preparing to enter post-pandemic life as the warehouse retailer looks to keep sales and profits hot this year.</p><p>\"I'm pleased to report that our food courts are also coming back over the next few weeks in a bigger way. Last March, again in 2020 as the pandemic took hold, we pared back menu basically to hotdogs and pizza and soda and smoothies, and we eliminated all seating, those takeout only. We began several weeks ago adding back tables and seating and — at a handful of outdoor food courts in a few states,\" Costco CFO Richard Galanti told analysts on an earnings call Thursday evening.</p><p>Galanti explained Costco is bringing back popular menu items while also reconfiguring seating arrangements for diners.</p><p>\"Over the past few months, we've also added back a few more food items, including bringing back a new and improved churros, which will be at all U.S. locations by the 4th of July, and adding a high-end soft ice cream to replace our frozen yogurt. And by June 7, we plan to have tables in seating back at most locations, but with more physical separation, tables of 4 instead of 6 and 8 and about half the seating capacity as we had before. Again, these are still subject to doing this in waves and see how it goes and subject to any additional state rules or restrictions in a few cases,\" Galanti said.</p><p>Free food samples — another long-time favorite of Costco shoppers — will also be returning soon at 170 stores, Galanti confirmed.</p><p>Even without its beloved food courts back to full operation, Costco crushed analyst estimates for the most recent quarter as shoppers continued stock up for work-for-home life amidst the pandemic. Worldwide customer store traffic rose an impressive 12.9%, and 11.9% in the U.S. alone. Costco's worldwide membership renewal rate remained relatively unchanged compared to last year at 88.4%.</p><p>Here is how Costco performed versus Wall Street estimates for its fiscal third quarter:</p><ul><li><p><b>Net Sales: </b>$45.3 billion vs. $43.5 billion</p></li><li><p><b>Same-Store Sales: </b>+20.6% vs. +16%</p></li><li><p><b>Operating Profits:</b> $1.66 billion vs. $1.41 billion</p></li><li><p><b>Diluted EPS:</b> $2.75 vs. $2.33</p></li></ul><p>Analysts stayed upbeat.</p><p>\"Fiscal third quarter results reinforce our view that Costco is exiting COVID with a larger and higher quality member base that will support elevated compound returns for years to come,\" said Jefferies analyst Stephanie Wissink in a research note to clients.</p><p>Wissink reiterated a Buy rating on Costco with a $445 price target.</p>","source":"yahoofinance","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>Costco is reopening its popular food courts and bringing back churros and free samples in bid to juice profits</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\">\nCostco is reopening its popular food courts and bringing back churros and free samples in bid to juice profits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-28 23:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/costco-is-reopening-its-popular-food-courts-and-bringing-back-churros-and-free-samples-in-bid-to-juice-profits-151249607.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Costco's popular, money-making food courts are preparing to enter post-pandemic life as the warehouse retailer looks to keep sales and profits hot this year.\"I'm pleased to report that our food courts...</p>\n\n<a href=\"https://finance.yahoo.com/news/costco-is-reopening-its-popular-food-courts-and-bringing-back-churros-and-free-samples-in-bid-to-juice-profits-151249607.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TGT":"塔吉特","BJ":"BJ批发俱乐部","WMT":"沃尔玛","COST":"好市多"},"source_url":"https://finance.yahoo.com/news/costco-is-reopening-its-popular-food-courts-and-bringing-back-churros-and-free-samples-in-bid-to-juice-profits-151249607.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2138488761","content_text":"Costco's popular, money-making food courts are preparing to enter post-pandemic life as the warehouse retailer looks to keep sales and profits hot this year.\"I'm pleased to report that our food courts are also coming back over the next few weeks in a bigger way. Last March, again in 2020 as the pandemic took hold, we pared back menu basically to hotdogs and pizza and soda and smoothies, and we eliminated all seating, those takeout only. We began several weeks ago adding back tables and seating and — at a handful of outdoor food courts in a few states,\" Costco CFO Richard Galanti told analysts on an earnings call Thursday evening.Galanti explained Costco is bringing back popular menu items while also reconfiguring seating arrangements for diners.\"Over the past few months, we've also added back a few more food items, including bringing back a new and improved churros, which will be at all U.S. locations by the 4th of July, and adding a high-end soft ice cream to replace our frozen yogurt. And by June 7, we plan to have tables in seating back at most locations, but with more physical separation, tables of 4 instead of 6 and 8 and about half the seating capacity as we had before. Again, these are still subject to doing this in waves and see how it goes and subject to any additional state rules or restrictions in a few cases,\" Galanti said.Free food samples — another long-time favorite of Costco shoppers — will also be returning soon at 170 stores, Galanti confirmed.Even without its beloved food courts back to full operation, Costco crushed analyst estimates for the most recent quarter as shoppers continued stock up for work-for-home life amidst the pandemic. Worldwide customer store traffic rose an impressive 12.9%, and 11.9% in the U.S. alone. Costco's worldwide membership renewal rate remained relatively unchanged compared to last year at 88.4%.Here is how Costco performed versus Wall Street estimates for its fiscal third quarter:Net Sales: $45.3 billion vs. $43.5 billionSame-Store Sales: +20.6% vs. +16%Operating Profits: $1.66 billion vs. $1.41 billionDiluted EPS: $2.75 vs. $2.33Analysts stayed upbeat.\"Fiscal third quarter results reinforce our view that Costco is exiting COVID with a larger and higher quality member base that will support elevated compound returns for years to come,\" said Jefferies analyst Stephanie Wissink in a research note to clients.Wissink reiterated a Buy rating on Costco with a $445 price target.","news_type":1},"isVote":1,"tweetType":1,"viewCount":100,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575241823069388","authorId":"3575241823069388","name":"Ivanhojh","avatar":"https://static.tigerbbs.com/a41f0bf4ce9ad13477b3d5ba49c8d025","crmLevel":2,"crmLevelSwitch":0},"content":"Comment back pls","text":"Comment back pls","html":"Comment back pls"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9054666027,"gmtCreate":1655383697969,"gmtModify":1676535626982,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Super volatile. But very much expected after rate hikes as always. Waiting for capitulation .. coming soon&nbsp;","listText":"Super volatile. But very much expected after rate hikes as always. Waiting for capitulation .. coming soon&nbsp;","text":"Super volatile. But very much expected after rate hikes as always. Waiting for capitulation .. coming soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054666027","repostId":"1138301646","repostType":4,"repost":{"id":"1138301646","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1655380468,"share":"https://www.laohu8.com/m/news/1138301646?lang=&edition=full","pubTime":"2022-06-16 19:54","market":"us","language":"en","title":"Pre-Bell｜Dow Futures Tumbled Over 500 Points; Tesla Slid Nearly 4%","url":"https://stock-news.laohu8.com/highlight/detail?id=1138301646","media":"Tiger Newspress","summary":"U.S. stock index futures were under pressure Thursday, putting the major averages to give up the sol","content":"<html><head></head><body><p>U.S. stock index futures were under pressure Thursday, putting the major averages to give up the solid gains made in the previous session.</p><p><b>Market Snapshot</b></p><p>At 7:50 a.m. ET, Dow e-minis were down 527 points, or 1.72%, S&amp;P 500 e-minis were down 81.5 points, or 2.15%, and Nasdaq 100 e-minis were down 301.75 points, or 2.59%.</p><p><img src=\"https://static.tigerbbs.com/c50dd43fbbaa701de68f242b4406e05f\" tg-width=\"312\" tg-height=\"126\" width=\"100%\" height=\"auto\"/></p><p><b>Pre-Market Movers</b></p><p><b><a href=\"https://laohu8.com/S/JBL\">Jabil Circuit</a></b> – The contract electronics manufacturer saw its stock rise 1.2% in premarket trading after beating top and bottom-line estimates for its latest quarter. Jabil earned an adjusted $1.72 per share, 10 cents above estimates, and said it continued to see solid demand from its customers.</p><p><b><a href=\"https://laohu8.com/S/CMC\">Commercial Metals</a></b> – The metal products manufacturer reported an adjusted quarterly profit of $2.61 per share, beating the $2.02 consensus estimate, and revenue also topped Wall Street forecasts. Commercial Metals also said it was anticipating upbeat financial performance for the current quarter amid a strong construction market. The stock rallied 4.6% in the premarket.</p><p><b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a></b> – Tesla fell 3.8% in premarket trading after Reuters reported that Tesla has increased prices on its U.S. models amid a jump in the price of raw materials and supply chain snags.</p><p><b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b> – Twitter gained 2.3% in premarket action following a Wall Street Journal report that Elon Musk will reiterate his desire to own Twitter at an all-hands meeting today. Musk has threatened to pull out of his Twitter buyout deal, accusing the company of withholding information on spam accounts.</p><p><b><a href=\"https://laohu8.com/S/WBD\">Warner Bros. Discovery</a></b> – The media company’s stock slid 4% in the premarket after J.P. Morgan rated the stock “neutral,” citing a macroeconomic environment that could impact ad spending.</p><p><b><a href=\"https://laohu8.com/S/KLAC\">KLA-Tencor</a></b> – The maker of semiconductors and electronics equipment said it expected an adjusted current-quarter profit of $4.93 to $6.03 per share, compared with the $5.50 consensus estimate. It also announced a $6 billion share repurchase program and a 24% dividend hike ahead of its 2022 Investor Day.</p><p><b><a href=\"https://laohu8.com/S/REV\">Revlon</a></b> – Revlon filed for Chapter 11 bankruptcy protection as the cosmetics maker deals with a debt load of roughly $3.3 billion. Shares slid 4.4% in the premarket.</p><p><b><a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a></b> – Amazon said its annual “Prime Day” shopping event would be held from July 12 to 13. Last year’s “Prime Day” event generated an estimated $3.5 billion in sales. Amazon fell 2.8% in premarket trading.</p><p><b><a href=\"https://laohu8.com/S/ABT\">Abbott Laboratories</a></b> – Abbott said it was halting production of its EleCare specialty baby formula at its Sturgis, Michigan plant after severe storms flooded areas of the plant. Abbott said the flooding would likely delay production and distribution for a few weeks, and its stock fell 2% in the premarket.</p><p><b>Market News</b></p><p>Elon Musk on Wednesday appealed a judge&#39;s refusal to end his 2018 agreement with the U.S. Securities and Exchange Commission requiring a Tesla Inc lawyer to vet some of his posts on <b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>.</p><p><b><a href=\"https://laohu8.com/S/SPOT\">Spotify Technology S.A.</a></b> Chief Executive Officer Daniel Ek informed the staff via email on Wednesday that the audio streaming company would reduce its hiring by 25%, according to a source familiar with the contents of the email. Ek said Spotify would continue hiring, though it would slow the pace &#34;and be a bit more prudent&#34; of over the next few quarters.</p><p><b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a></b> increased its Model Y long-range price to $65,990 from $62,990, its website showed on Thursday, after delaying the deliveries of some long-range models in the United States by up to a month. The price hike comes as costs of raw materials have surged, including aluminium that is used in cars.</p><p>The European Union&#39;s second-highest court scrapped a EUR997 million ($1.04 billion) fine that the bloc&#39;s antitrust regulator had levied on <b><a href=\"https://laohu8.com/S/QCOM\">Qualcomm</a></b>  over payments it made to Apple Inc. for the iPhone maker&#39;s exclusive use of Qualcomm chips.</p><p>Health experts advising U.S. health regulators backed giving Covid-19 vaccines from <b><a href=\"https://laohu8.com/S/PFE\">Pfizer</a></b> and <b><a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a></b> and from <b><a href=\"https://laohu8.com/S/MRNA\">Moderna, Inc.</a></b> to children as young as 6 months old. The panel voted 21 to 0 in a pair of votes on Wednesday in support of expanding access to the vaccines.</p><p>Top executives of <b><a href=\"https://laohu8.com/S/GM\">General Motors</a></b> and <b><a href=\"https://laohu8.com/S/F\">Ford</a></b> said on Wednesday U.S. consumer demand for cars and trucks remains strong, despite rising interest rates and record-high gas prices.</p><p><b><a href=\"https://laohu8.com/S/DIS\">Walt Disney</a></b> has pushed back its original itinerary of moving around 2,000 workers at its Parks, Experience, and Product division to its new campus in the Orlando community of Lake Nona, from the end of this year to 2026, the Hollywood Reporter reported, citing a Disney spokesperson&#39;s statement.</p><p>Toshiba, <b><a href=\"https://laohu8.com/S/SONY\">Sony</a></b> and Samsung Electronics on Thursday lost their court fight against an EU cartel fine levied seven years ago for colluding in procurement tenders for optical disc drives.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pre-Bell｜Dow Futures Tumbled Over 500 Points; Tesla Slid Nearly 4%</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\">\nPre-Bell｜Dow Futures Tumbled Over 500 Points; Tesla Slid Nearly 4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-06-16 19:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures were under pressure Thursday, putting the major averages to give up the solid gains made in the previous session.</p><p><b>Market Snapshot</b></p><p>At 7:50 a.m. ET, Dow e-minis were down 527 points, or 1.72%, S&amp;P 500 e-minis were down 81.5 points, or 2.15%, and Nasdaq 100 e-minis were down 301.75 points, or 2.59%.</p><p><img src=\"https://static.tigerbbs.com/c50dd43fbbaa701de68f242b4406e05f\" tg-width=\"312\" tg-height=\"126\" width=\"100%\" height=\"auto\"/></p><p><b>Pre-Market Movers</b></p><p><b><a href=\"https://laohu8.com/S/JBL\">Jabil Circuit</a></b> – The contract electronics manufacturer saw its stock rise 1.2% in premarket trading after beating top and bottom-line estimates for its latest quarter. Jabil earned an adjusted $1.72 per share, 10 cents above estimates, and said it continued to see solid demand from its customers.</p><p><b><a href=\"https://laohu8.com/S/CMC\">Commercial Metals</a></b> – The metal products manufacturer reported an adjusted quarterly profit of $2.61 per share, beating the $2.02 consensus estimate, and revenue also topped Wall Street forecasts. Commercial Metals also said it was anticipating upbeat financial performance for the current quarter amid a strong construction market. The stock rallied 4.6% in the premarket.</p><p><b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a></b> – Tesla fell 3.8% in premarket trading after Reuters reported that Tesla has increased prices on its U.S. models amid a jump in the price of raw materials and supply chain snags.</p><p><b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b> – Twitter gained 2.3% in premarket action following a Wall Street Journal report that Elon Musk will reiterate his desire to own Twitter at an all-hands meeting today. Musk has threatened to pull out of his Twitter buyout deal, accusing the company of withholding information on spam accounts.</p><p><b><a href=\"https://laohu8.com/S/WBD\">Warner Bros. Discovery</a></b> – The media company’s stock slid 4% in the premarket after J.P. Morgan rated the stock “neutral,” citing a macroeconomic environment that could impact ad spending.</p><p><b><a href=\"https://laohu8.com/S/KLAC\">KLA-Tencor</a></b> – The maker of semiconductors and electronics equipment said it expected an adjusted current-quarter profit of $4.93 to $6.03 per share, compared with the $5.50 consensus estimate. It also announced a $6 billion share repurchase program and a 24% dividend hike ahead of its 2022 Investor Day.</p><p><b><a href=\"https://laohu8.com/S/REV\">Revlon</a></b> – Revlon filed for Chapter 11 bankruptcy protection as the cosmetics maker deals with a debt load of roughly $3.3 billion. Shares slid 4.4% in the premarket.</p><p><b><a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a></b> – Amazon said its annual “Prime Day” shopping event would be held from July 12 to 13. Last year’s “Prime Day” event generated an estimated $3.5 billion in sales. Amazon fell 2.8% in premarket trading.</p><p><b><a href=\"https://laohu8.com/S/ABT\">Abbott Laboratories</a></b> – Abbott said it was halting production of its EleCare specialty baby formula at its Sturgis, Michigan plant after severe storms flooded areas of the plant. Abbott said the flooding would likely delay production and distribution for a few weeks, and its stock fell 2% in the premarket.</p><p><b>Market News</b></p><p>Elon Musk on Wednesday appealed a judge&#39;s refusal to end his 2018 agreement with the U.S. Securities and Exchange Commission requiring a Tesla Inc lawyer to vet some of his posts on <b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>.</p><p><b><a href=\"https://laohu8.com/S/SPOT\">Spotify Technology S.A.</a></b> Chief Executive Officer Daniel Ek informed the staff via email on Wednesday that the audio streaming company would reduce its hiring by 25%, according to a source familiar with the contents of the email. Ek said Spotify would continue hiring, though it would slow the pace &#34;and be a bit more prudent&#34; of over the next few quarters.</p><p><b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a></b> increased its Model Y long-range price to $65,990 from $62,990, its website showed on Thursday, after delaying the deliveries of some long-range models in the United States by up to a month. The price hike comes as costs of raw materials have surged, including aluminium that is used in cars.</p><p>The European Union&#39;s second-highest court scrapped a EUR997 million ($1.04 billion) fine that the bloc&#39;s antitrust regulator had levied on <b><a href=\"https://laohu8.com/S/QCOM\">Qualcomm</a></b>  over payments it made to Apple Inc. for the iPhone maker&#39;s exclusive use of Qualcomm chips.</p><p>Health experts advising U.S. health regulators backed giving Covid-19 vaccines from <b><a href=\"https://laohu8.com/S/PFE\">Pfizer</a></b> and <b><a href=\"https://laohu8.com/S/BNTX\">BioNTech SE</a></b> and from <b><a href=\"https://laohu8.com/S/MRNA\">Moderna, Inc.</a></b> to children as young as 6 months old. The panel voted 21 to 0 in a pair of votes on Wednesday in support of expanding access to the vaccines.</p><p>Top executives of <b><a href=\"https://laohu8.com/S/GM\">General Motors</a></b> and <b><a href=\"https://laohu8.com/S/F\">Ford</a></b> said on Wednesday U.S. consumer demand for cars and trucks remains strong, despite rising interest rates and record-high gas prices.</p><p><b><a href=\"https://laohu8.com/S/DIS\">Walt Disney</a></b> has pushed back its original itinerary of moving around 2,000 workers at its Parks, Experience, and Product division to its new campus in the Orlando community of Lake Nona, from the end of this year to 2026, the Hollywood Reporter reported, citing a Disney spokesperson&#39;s statement.</p><p>Toshiba, <b><a href=\"https://laohu8.com/S/SONY\">Sony</a></b> and Samsung Electronics on Thursday lost their court fight against an EU cartel fine levied seven years ago for colluding in procurement tenders for optical disc drives.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138301646","content_text":"U.S. stock index futures were under pressure Thursday, putting the major averages to give up the solid gains made in the previous session.Market SnapshotAt 7:50 a.m. ET, Dow e-minis were down 527 points, or 1.72%, S&P 500 e-minis were down 81.5 points, or 2.15%, and Nasdaq 100 e-minis were down 301.75 points, or 2.59%.Pre-Market MoversJabil Circuit – The contract electronics manufacturer saw its stock rise 1.2% in premarket trading after beating top and bottom-line estimates for its latest quarter. Jabil earned an adjusted $1.72 per share, 10 cents above estimates, and said it continued to see solid demand from its customers.Commercial Metals – The metal products manufacturer reported an adjusted quarterly profit of $2.61 per share, beating the $2.02 consensus estimate, and revenue also topped Wall Street forecasts. Commercial Metals also said it was anticipating upbeat financial performance for the current quarter amid a strong construction market. The stock rallied 4.6% in the premarket.Tesla Motors – Tesla fell 3.8% in premarket trading after Reuters reported that Tesla has increased prices on its U.S. models amid a jump in the price of raw materials and supply chain snags.Twitter – Twitter gained 2.3% in premarket action following a Wall Street Journal report that Elon Musk will reiterate his desire to own Twitter at an all-hands meeting today. Musk has threatened to pull out of his Twitter buyout deal, accusing the company of withholding information on spam accounts.Warner Bros. Discovery – The media company’s stock slid 4% in the premarket after J.P. Morgan rated the stock “neutral,” citing a macroeconomic environment that could impact ad spending.KLA-Tencor – The maker of semiconductors and electronics equipment said it expected an adjusted current-quarter profit of $4.93 to $6.03 per share, compared with the $5.50 consensus estimate. It also announced a $6 billion share repurchase program and a 24% dividend hike ahead of its 2022 Investor Day.Revlon – Revlon filed for Chapter 11 bankruptcy protection as the cosmetics maker deals with a debt load of roughly $3.3 billion. Shares slid 4.4% in the premarket.Amazon.com – Amazon said its annual “Prime Day” shopping event would be held from July 12 to 13. Last year’s “Prime Day” event generated an estimated $3.5 billion in sales. Amazon fell 2.8% in premarket trading.Abbott Laboratories – Abbott said it was halting production of its EleCare specialty baby formula at its Sturgis, Michigan plant after severe storms flooded areas of the plant. Abbott said the flooding would likely delay production and distribution for a few weeks, and its stock fell 2% in the premarket.Market NewsElon Musk on Wednesday appealed a judge's refusal to end his 2018 agreement with the U.S. Securities and Exchange Commission requiring a Tesla Inc lawyer to vet some of his posts on Twitter.Spotify Technology S.A. Chief Executive Officer Daniel Ek informed the staff via email on Wednesday that the audio streaming company would reduce its hiring by 25%, according to a source familiar with the contents of the email. Ek said Spotify would continue hiring, though it would slow the pace \"and be a bit more prudent\" of over the next few quarters.Tesla Motors increased its Model Y long-range price to $65,990 from $62,990, its website showed on Thursday, after delaying the deliveries of some long-range models in the United States by up to a month. The price hike comes as costs of raw materials have surged, including aluminium that is used in cars.The European Union's second-highest court scrapped a EUR997 million ($1.04 billion) fine that the bloc's antitrust regulator had levied on Qualcomm  over payments it made to Apple Inc. for the iPhone maker's exclusive use of Qualcomm chips.Health experts advising U.S. health regulators backed giving Covid-19 vaccines from Pfizer and BioNTech SE and from Moderna, Inc. to children as young as 6 months old. The panel voted 21 to 0 in a pair of votes on Wednesday in support of expanding access to the vaccines.Top executives of General Motors and Ford said on Wednesday U.S. consumer demand for cars and trucks remains strong, despite rising interest rates and record-high gas prices.Walt Disney has pushed back its original itinerary of moving around 2,000 workers at its Parks, Experience, and Product division to its new campus in the Orlando community of Lake Nona, from the end of this year to 2026, the Hollywood Reporter reported, citing a Disney spokesperson's statement.Toshiba, Sony and Samsung Electronics on Thursday lost their court fight against an EU cartel fine levied seven years ago for colluding in procurement tenders for optical disc drives.","news_type":1},"isVote":1,"tweetType":1,"viewCount":116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890683153,"gmtCreate":1628113503272,"gmtModify":1703501290684,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Nio! Like pls thanks&nbsp;","listText":"Nio! Like pls thanks&nbsp;","text":"Nio! Like pls thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/890683153","repostId":"1187165636","repostType":4,"isVote":1,"tweetType":1,"viewCount":61,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173807356,"gmtCreate":1626651310375,"gmtModify":1703762584207,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Follow the trend, the trend is your friend&nbsp;","listText":"Follow the trend, the trend is your friend&nbsp;","text":"Follow the trend, the trend is your friend","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/173807356","repostId":"1123755908","repostType":4,"repost":{"id":"1123755908","pubTimestamp":1626650225,"share":"https://www.laohu8.com/m/news/1123755908?lang=&edition=full","pubTime":"2021-07-19 07:17","market":"us","language":"en","title":"It’s ‘very dangerous’ to invest in stocks and bitcoin right now, long-time bear David Tice warns","url":"https://stock-news.laohu8.com/highlight/detail?id=1123755908","media":"CNBC","summary":"The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim ","content":"<div>\n<p>The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim long-term prognosis to Wall Street.\nFrom the S&P 500 to Big Tech to bitcoin, David Tice warns it’s a...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/18/very-dangerous-to-buy-stocks-bitcoin-investor-david-tice-warns.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>It’s ‘very dangerous’ to invest in stocks and bitcoin right now, long-time bear David Tice warns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIt’s ‘very dangerous’ to invest in stocks and bitcoin right now, long-time bear David Tice warns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-19 07:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/18/very-dangerous-to-buy-stocks-bitcoin-investor-david-tice-warns.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim long-term prognosis to Wall Street.\nFrom the S&P 500 to Big Tech to bitcoin, David Tice warns it’s a...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/18/very-dangerous-to-buy-stocks-bitcoin-investor-david-tice-warns.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/07/18/very-dangerous-to-buy-stocks-bitcoin-investor-david-tice-warns.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1123755908","content_text":"The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim long-term prognosis to Wall Street.\nFrom the S&P 500 to Big Tech to bitcoin, David Tice warns it’s a “very dangerous period” for investors right now.\n\"Themarketis very overpriced in terms of future earnings. We are adding debt like we've never seen,\" the former Prudent Bear Fund manager told \"Trading Nation\" on Friday. \"We have the Treasury market acting very strange withratesfalling dramatically.\"\nTice, who's known for making bearish bets during bull markets, now advises theAdvisorShares Ranger Equity Bear ETF, which has $70 million in assets under management. The fund is up 3% over the past month, but it's off 62% over the last two years.\nHe acknowledges it's tough to time the next major pullback, and he's often early. However, Tice is convinced amarket meltdown is unavoidable.\n\"We're not out of the woods yet, and this is a dangerous market,\" Tice reiterated.\nHe's encouraging investorsto weigh the risks: Try to earn 3% to 5% near-term gains while contending with the threat of a 40% pullback? Tice thinks it's a bet not worth taking.\nTice is particularly worried aboutBig Techand the FAANG stocks, which includeFacebook,Apple,Amazon,NetflixandAlphabet, formerly known as Google.\n\"A lot of money has been thrown at Alphabet andMicrosoft, Apple and Facebook,Twitter, etc.,\" noted Tice. \"Costs are going up in that sector.\"\nBitcoin is 'very dangerous to hold today'\nHe's also urging investors to be vigilant in the cryptocurrency space. Tice, who came into the year as a bitcoin bull, turned bearish onbitcoinwhen it hit all-time highs in March.\n\"We had a bitcoin position when bitcoin was at $10,000,\" Tice said. \"However, when it got to $60,000 we felt like that was long in the tooth... Lately, there's been a lot more uproar from central bankers, Bank for International Settlements [and] the Bank of England have made profound negative statements. I think it's very dangerous to hold today.\"\nDue to his overall bearishness, Tice co-founded hedge fund Morand-Tice Capital Management almost exactly a year ago. It's devoted to metal and mining stocks. Tice, a long-time gold and silver bull, believes it's a once in a decade opportunity for investors.\n\"You look at this lack of discipline in monetary and fiscal markets. Gold is truly the place to be,\" said Tice. \"Over 5,000 years, gold and silver do very well asprotection against fiat money.\"\nGold closed at $1,812.50 an ounce on Friday. It’s down 4% so far this year and up 28% over the past two years. Tice expects the precious metal to rally 10% to $2,000 by December.\n“I would be owning gold, especially gold and silver mining companies. These companies have never been cheaper. Many are at single digit multiples yet have potentially 15 to 20% growth rate in earnings even with this flat gold price,” Tice said. “But then you add on what we think is going to be a 20% annual increase in the gold price, and these companies are going to be outstanding opportunities.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":11,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9095508408,"gmtCreate":1644940225127,"gmtModify":1676533977931,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Petrol stn still same price","listText":"Petrol stn still same price","text":"Petrol stn still same price","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095508408","repostId":"1132625803","repostType":4,"repost":{"id":"1132625803","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1644937492,"share":"https://www.laohu8.com/m/news/1132625803?lang=&edition=full","pubTime":"2022-02-15 23:04","market":"fut","language":"en","title":"WTI Crude Once Fell 5% to $90.67 a Barrel","url":"https://stock-news.laohu8.com/highlight/detail?id=1132625803","media":"Tiger Newspress","summary":"WTI crude once fell 5% to $90.67 a barrel.","content":"<html><head></head><body><p>WTI crude once fell 5% to $90.67 a barrel.<img src=\"https://static.tigerbbs.com/de4afc9cf3198dab2dd5bbcd21666ccc\" tg-width=\"713\" tg-height=\"591\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>WTI Crude Once Fell 5% to $90.67 a Barrel</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\">\nWTI Crude Once Fell 5% to $90.67 a Barrel\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-02-15 23:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>WTI crude once fell 5% to $90.67 a barrel.<img src=\"https://static.tigerbbs.com/de4afc9cf3198dab2dd5bbcd21666ccc\" tg-width=\"713\" tg-height=\"591\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132625803","content_text":"WTI crude once fell 5% to $90.67 a barrel.","news_type":1},"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575263084566569","authorId":"3575263084566569","name":"Tan123","avatar":"https://static.tigerbbs.com/f62a61b3de783a68b73436f05185453a","crmLevel":1,"crmLevelSwitch":0},"content":"management will tell public they hedged their supply at high price","text":"management will tell public they hedged their supply at high price","html":"management will tell public they hedged their supply at high price"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155189706,"gmtCreate":1625387881705,"gmtModify":1703741163271,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/155189706","repostId":"1189605893","repostType":4,"repost":{"id":"1189605893","pubTimestamp":1625363433,"share":"https://www.laohu8.com/m/news/1189605893?lang=&edition=full","pubTime":"2021-07-04 09:50","market":"us","language":"en","title":"When Big Tech Stumbles, the Market Can Fall Hard. These 5 Funds Can Help.","url":"https://stock-news.laohu8.com/highlight/detail?id=1189605893","media":"Barron's","summary":"It is possible to have too much of a good thing. After riding five megacap technology stocks to new highs after new highs, investors’ portfolios may be uncomfortably concentrated in these winners at a time that some strategists see a potential turn ahead in the markets.Investors’ portfolios are chock-full of these stocks, leaving them less diversified for a possible turn in the market. These companies are already beginning to slow down. Take Amazon, which accounts for roughly 4% of the S&P 500—m","content":"<p>It is possible to have too much of a good thing. After riding five megacap technology stocks to new highs after new highs, investors’ portfolios may be uncomfortably concentrated in these winners at a time that some strategists see a potential turn ahead in the markets.</p>\n<p>Owning the Big Five—Apple(ticker: AAPL),Microsoft(MSFT),Amazon.com(AMZN),Facebook(FB), andAlphabet’sGoogle (GOOGL)—has been lucrative: These companies have logged gains of 125% to 245% since the beginning of 2019. These stocks are widely held, not just by index investors, but also among all kinds of active fund managers—including those who don’t typically own growth companies.</p>\n<p>Together, the five companies account for almost 22% of theS&amp;P 500index. Of course, the Nifty Fifty stocks dominated the 1970s, and blue-chip stalwarts such asIBM(IBM) andAT&amp;T(T) ruled the 1980s. Those companies may have wielded even more influence over the broad economy than today’s biggest companies do, but the level of market concentration is higher now, and the Big Five’s impact on the broad market is much greater because of their size, according to Howard Silverblatt, senior index analyst at S&amp;P Dow Jones Indices. Apple and Microsoft are the first U.S. stocks whose market values have soared past $2 trillion. Though it has slipped a bit this year, Apple hit peak concentration for a single stock in the S&amp;P 500 last year at about 7%, higher than IBM’s in its heyday.</p>\n<p>There are signs that investor appetite for risk is waning, which could hurt the prospects for the growth of Big Tech. There has beena selloff in speculative cornersof the market, such as cryptocurrencies and special purpose acquisition companies, better known as SPACs. And, of course, there is therising consternationabout both inflation andinterest ratesmoving higher. If the Big Fiveslow downor tumble, the entire market—including all index investors—will feel it. If these stocks decline by 10%, for instance, in order for the S&amp;P 500 to keep trading flat, the bottom 100 stocks in the index would have to rise by a collective 75%, according toGoldman Sachs.This dynamic explains why narrow market breadth has often preceded big losses.</p>\n<p><b>When Less May Be More</b></p>\n<p>These funds are more diversified than the S&amp;P 500, and could be more resilient if the tech megacaps stumble.</p>\n<p><img src=\"https://static.tigerbbs.com/d308adf067ef3205da5f7c1bddb75e77\" tg-width=\"697\" tg-height=\"366\" referrerpolicy=\"no-referrer\"></p>\n<p>Investors’ portfolios are chock-full of these stocks, leaving them less diversified for a possible turn in the market. These companies are already beginning to slow down. Take Amazon, which accounts for roughly 4% of the S&amp;P 500—more than the energy, real estate, materials, or utilities sectors. Amazon hasn’t hit an all-time high this year, and has underperformed the S&amp;P 500 by 25 percentage points since September 2020 amid questions about the company’s e-commerce growth. Add in regulatory pressure, which could make the path ahead for these companies rockier, such as a House panel’s approval of sweeping legislation last month that could curb the dominance of companies like Google and Facebook.</p>\n<p>A global recovery could also make the Big Five stocks less special. “The story line with megacap tech stocks has been that economic growth has been hard to find and rates so low that you wanted to own powerful growth stocks,” says Scott Opsal, director of research at Leuthold Group. “But for those who think the economy has room to run, you don’t have to pay up for the growth that investors were willing to pay for in 2018 or 2019.” For Opsal, the changing backdrop is reason for a barbell approach, owning some of the technology winners but also diversifying into a wider array of more value-oriented and smaller stocks.</p>\n<p>With the market so concentrated in a handful of megacap tech stocks, Opsal says that investors may want the type of funds that do what the fund consultants advise against: be willing to drift out of their lane, and be willing to not fit neatly into a growth or value category.</p>\n<p>It isn’t easy finding good fund managers with the acumen to pick the right stocks beyond the other 495, the grit to avoid the crowd, and the track record that demonstrates to investors that they can be different and correct. Performance doesn’t look all that great for managers whose wariness led them to own less of the technology darlings that drove the market to highs over the past several years. And the decision to not own any—or even just less—of these companies sometimes pushed managers out of theirMorningstarcategory into areas like large-cap blend.</p>\n<p>High active share has often been a go-to gauge for finding fund managers who look different than their benchmarks. That’s a good place to start, but different doesn’t always lead to outperformance, so Morningstar strategist Alec Lucas recommends understanding what is in the managers’ portfolios and the thinking behind the picks—as well as when they buy or sell the stocks.</p>\n<p><i>Barron’s</i>looked for large-cap growth-oriented managers that don’t usually stick too close to an index and have long, and strong, track records. We turned up both diversified and concentrated funds; some didn’t own any of the Big Five, while some owned a bit, albeit less than their peers. All may offer investors a way to tweak rather than overhaul their portfolios, giving them some more diversification while still tapping into large, growing companies.</p>\n<p><b>A Concentrated Approach</b></p>\n<p>The Akre Focus fund (AKREX) falls into the concentrated bucket. It owns about 20 well-managed companies that the managers, John Neff and Chris Cerrone, think are superior businesses and adept at reinvesting in the companies. The fund has just a 4% turnover, so it holds on to its investments for years. That has been a winning long-term strategy: Akre Focus has an 18% average annual return over the past decade, beating 84% of its peers.</p>\n<p>The past few years have been tough, though: The fund hasn’t owned the Big Five, and has just 13% of its assets in any kind of technology company, whereas most of its peers have close to a third in tech. It has averaged 22% annually over the past three years; not too shabby on an absolute basis, but landing it midpack among competitors. The managers are resolute in finding growth elsewhere. “They are tremendous businesses, but how many more times can they double in value, given their current size? Maybe many times, but it’s an important question,” says Neff. “We’ve generally focused on smaller businesses with ostensibly longer runways with which to compound.”</p>\n<p>The tech investments that the managers have made are largely in software companies like Constellation Software (CSU.Canada),Adobe(ADBE), andCoStar Group(CSGP) that have long paths to growth ahead of them as more companies rely on their products. The fund also looks for companies with the type of “network effect” that makes Google and Amazon attractive—the business model gets stronger as more people use it, and makes the company that much harder to replace. Top holdings like Mastercard (MA) andVisa(V) fit that description.</p>\n<p>Many of the companies the duo favors are positioned to hold up, stand out, or even benefit from difficult times, like auto-parts retailerO’Reilly Automotive(ORLY), which recently reported its best comparable same-store sales in 25 years. Given the market backdrop, co-manager Cerrone says they aren’t finding that many bargains today—and they are willing to hold cash if that continues. Today, cash sits at just 2%. “We frankly wish we had more cash than we do today,” Cerrone says. “We’re not bearish, but we think we will be presented with better opportunities.”</p>\n<p><b>Underappreciated Growth</b></p>\n<p>The $10.1 billionPrimecap Odyssey Growthfund (POGRX) hunts for companies with above-average earnings growth, but not one of the Big Five tech stocks can be spotted in their top 10 holdings.</p>\n<p>That underweight has been painful; the fund’s 19.6% annual average return over the past five years puts it in the bottom third of large growth funds. But the managers’ willingness to stick with companies with above-average growth for the long haul, often adding to their shares in downturns, wins them fans.</p>\n<p>The fund’s managers are investing in some of the broad trends driving the Big Five—like e-commerce and cloud computing—but doing it differently, says Morningstar’s Lucas. For example, the fund owns Alibaba Group Holding (BABA) instead of Amazon, opting for China’s version of an e-commerce and cloud-computing giant that also trades at a meaningful discount to the U.S. company, Lucas says. Primecap declined to comment.</p>\n<p>About 18% of the fund is invested outside the U.S. and its average price/earnings ratio is 20, cheaper than the 29 for the large growth category, according to Morningstar. Though the fund isn’t concentrated in the Big Five tech stocks, it has double the stake in healthcare, almost 30% of assets, than other large growth funds. Its top 10 positions includeEli Lilly(LLY),Biogen(BIIB),Abiomed(ABMD), andAmgen(AMGN).</p>\n<p><b>Lean Profit Machines</b></p>\n<p>The $10.3 billionJensen Quality Growth(JENSX) focuses on companies that generate 15% return on equity for 10 consecutive years—a metric that co-manager Eric Schoenstein sees as a gauge forfoundational excellenceand fortress-like competitive advantages. Amazon and Facebook don’t make the cut. Alphabet, Microsoft, and Apple rank among the top holdings, but Schoenstein holds roughly a third less than in the Russell 1000 Growth index. Schoenstein says he is trying to be conscious of the risk of concentration if the momentum trade reverts or regulation puts a target on these companies’ backs.</p>\n<p>Schoenstein’s caution and a focus on quality companies have pushed the fund toward the bottom decile of the large blend Morningstar category year to date, with a return of 11.6%. But the fund’s 17.3% average return over the past five years puts it in the top 35% of large-blend funds tracked by Morningstar. Plus, the fund’s risk-adjusted, long-term performance stands out, losing about 77% as much as the S&amp;P 500 and Russell 1000 Growth indexes when stocks have fallen since Schoenstein began co-managing the fund in 2004, according to Morningstar.</p>\n<p>Lately, Schoenstein has been adding to quality stocks that may not be growing as fast but are more attractively priced as investors have left them behind, such asStarbucks(SBUX)—a stock that had been too pricey until the pandemic hit. “What better business is there to be in than branded addiction?” Schoenstein asks.</p>\n<p>While offices in New York City may not get to 100% occupancy, Schoenstein sees hybrid work situations continuing to drive business to Starbucks, potentially with fewer customers but higher sales, as one person buys for multiple people. The company is also closing stores to become more efficient and moving more toward quick-serve and grab-and-go in some locations rather than an all-day café experience.</p>\n<p><img src=\"https://static.tigerbbs.com/81aeb359e30f7394a363f00feb8ce0cf\" tg-width=\"707\" tg-height=\"477\" referrerpolicy=\"no-referrer\"></p>\n<p>Insurance is another area that Schoenstein has been adding to, with companies like Marsh &amp; McLennan (MMC), which is dominant in multiple businesses—insurance brokerage, health benefits, and retirement asset management with Mercer. Switching costs are high in the world of insurance, and the company benefits from new trends in cybersecurity and data privacy, as well.</p>\n<p>Another recent purchase: Data-analytics providerVerisk Analytics(VRSK), which serves property and casualty insurers and gets about 80% of its revenue from subscriptions and long-term agreements. The company helps take raw data and analyze it to help insurers, for example, underwrite policies. Says Schoenstein: “Some recovery is still needed because business has struggled over the past year, with business failures and companies putting [projects] on hold. So, it’s a small position, but I think about companies that are super-entrenched with their customers.”</p>\n<p><b>Multiple Managers</b></p>\n<p>Unlike the Jensen and Akre funds, which typically own 20 to 30 stocks, the $87 billionAmerican Funds Amcapfund (AMCPX) is well diversified, with more than 200 holdings, as managers hunt for the best ideas regardless of size.Abbott Laboratories(ABT),Broadcom(AVGO),EOG Resources(EOG), and Mastercard are top holdings along with four of the megacap tech quintuplets.</p>\n<p>But the fund is valuation-sensitive, and its allocation to the Big Five is lower than other growth managers, hurting its performance over the past five years; its average annual return of 17.3% puts it in the bottom decile of performance. For investors looking for diversification, the fund is a relatively cheap option—charging an expense ratio of 0.68%—that isn’t beholden to a benchmark and is run by multiple managers who can hunt for their highest-conviction ideas.</p>\n<p>Managers favor companies with strong competitive positioning, which can allow companies to boost prices and better weather near-term inflationary periods. While that includes a healthy helping of healthcare and technology stocks, managers have also gravitated toward cyclical growth companies, including semiconductor firms, travel-related companies, auto suppliers, retailers, and financials benefiting from secular growth as well as getting an additional boost from the Covid recovery.</p>\n<p>“It’s very consistent, and a good core fund with a lot of good stockpickers behind it,” says Russel Kinnel, Morningstar’s director of manager research. “You want a fund to have some good technology exposure because it’s a dynamic sector.”</p>\n<p><b>Growth on the Cheap</b></p>\n<p>The $357 million Cambiar Opportunity fund (CAMOX) is a concentrated fund that owns roughly 40 stocks. The fund looks for relative values among industry winners that boast strong long-term demand prospects and pricing power that differentiate it from some of its peers. The fund’s 16% average annual return over the past five years helped it beat 94% of its large-value peers.</p>\n<p>The fund holds Amazon, which it bought for the first time in early 2020 when the market wasn’t giving the e-commerce behemoth much value for its cloud business. It has been harder to own other megacap technology stocks, says Ania Aldrich, an investment principal at Cambiar. That’s in part because of their high valuations, but especially as exchange-traded funds continue to receive record-high inflows—$400 billion in the first half of 2021, versus $507 billion for all of last year, according to ETF.com—which contributes to the market concentration.</p>\n<p>Instead, the fund has focused on areas such as financials, including JPMorgan Chase (JPM) and Charles Schwab (SCHW), that can grow in this economic environment. Both would benefit from higher interest rates, but Aldrich says that wasn’t the reason to buy the stocks. Schwab, for example, is taking market share in wealth management, and its recent acquisition of Ameritrade gives it more heft and the ability to be more cost-efficient.</p>\n<p>Also attractive are companies that haven’t yet seen a full reopening of their businesses, like casino operatorPenn National Gaming(PENN), which Aldrich says is well positioned as states look for more revenue andallow online gambling, and food distributorSysco(SYY), which has yet to benefit from colleges and conferences getting back into full swing. While Sysco’s shares are up 43% in the past year, Aldrich sees more room for gains, noting that the company is a market leader and can take market share as smaller firms consolidate. Plus, it has pricing power to pass on higher commodity costs since it is a distributor.</p>\n<p>Another recent addition:Uber Technologies(UBER), which Aldrich says isn’t just a reopening beneficiary but also has increased the reach of its platform by moving into food delivery and opening the door to other services. “In the past, it was hard to outperform when you weren’t involved in the [concentrated stocks], but we see these trends as transitory. As growth normalizes, the value of other stocks should be recognized.”</p>","source":"lsy1610680873436","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>When Big Tech Stumbles, the Market Can Fall Hard. These 5 Funds Can Help.</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\">\nWhen Big Tech Stumbles, the Market Can Fall Hard. These 5 Funds Can Help.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-04 09:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/big-tech-stocks-risk-funds-51625257865?mod=hp_LEAD_1><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It is possible to have too much of a good thing. After riding five megacap technology stocks to new highs after new highs, investors’ portfolios may be uncomfortably concentrated in these winners at a...</p>\n\n<a href=\"https://www.barrons.com/articles/big-tech-stocks-risk-funds-51625257865?mod=hp_LEAD_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.barrons.com/articles/big-tech-stocks-risk-funds-51625257865?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189605893","content_text":"It is possible to have too much of a good thing. After riding five megacap technology stocks to new highs after new highs, investors’ portfolios may be uncomfortably concentrated in these winners at a time that some strategists see a potential turn ahead in the markets.\nOwning the Big Five—Apple(ticker: AAPL),Microsoft(MSFT),Amazon.com(AMZN),Facebook(FB), andAlphabet’sGoogle (GOOGL)—has been lucrative: These companies have logged gains of 125% to 245% since the beginning of 2019. These stocks are widely held, not just by index investors, but also among all kinds of active fund managers—including those who don’t typically own growth companies.\nTogether, the five companies account for almost 22% of theS&P 500index. Of course, the Nifty Fifty stocks dominated the 1970s, and blue-chip stalwarts such asIBM(IBM) andAT&T(T) ruled the 1980s. Those companies may have wielded even more influence over the broad economy than today’s biggest companies do, but the level of market concentration is higher now, and the Big Five’s impact on the broad market is much greater because of their size, according to Howard Silverblatt, senior index analyst at S&P Dow Jones Indices. Apple and Microsoft are the first U.S. stocks whose market values have soared past $2 trillion. Though it has slipped a bit this year, Apple hit peak concentration for a single stock in the S&P 500 last year at about 7%, higher than IBM’s in its heyday.\nThere are signs that investor appetite for risk is waning, which could hurt the prospects for the growth of Big Tech. There has beena selloff in speculative cornersof the market, such as cryptocurrencies and special purpose acquisition companies, better known as SPACs. And, of course, there is therising consternationabout both inflation andinterest ratesmoving higher. If the Big Fiveslow downor tumble, the entire market—including all index investors—will feel it. If these stocks decline by 10%, for instance, in order for the S&P 500 to keep trading flat, the bottom 100 stocks in the index would have to rise by a collective 75%, according toGoldman Sachs.This dynamic explains why narrow market breadth has often preceded big losses.\nWhen Less May Be More\nThese funds are more diversified than the S&P 500, and could be more resilient if the tech megacaps stumble.\n\nInvestors’ portfolios are chock-full of these stocks, leaving them less diversified for a possible turn in the market. These companies are already beginning to slow down. Take Amazon, which accounts for roughly 4% of the S&P 500—more than the energy, real estate, materials, or utilities sectors. Amazon hasn’t hit an all-time high this year, and has underperformed the S&P 500 by 25 percentage points since September 2020 amid questions about the company’s e-commerce growth. Add in regulatory pressure, which could make the path ahead for these companies rockier, such as a House panel’s approval of sweeping legislation last month that could curb the dominance of companies like Google and Facebook.\nA global recovery could also make the Big Five stocks less special. “The story line with megacap tech stocks has been that economic growth has been hard to find and rates so low that you wanted to own powerful growth stocks,” says Scott Opsal, director of research at Leuthold Group. “But for those who think the economy has room to run, you don’t have to pay up for the growth that investors were willing to pay for in 2018 or 2019.” For Opsal, the changing backdrop is reason for a barbell approach, owning some of the technology winners but also diversifying into a wider array of more value-oriented and smaller stocks.\nWith the market so concentrated in a handful of megacap tech stocks, Opsal says that investors may want the type of funds that do what the fund consultants advise against: be willing to drift out of their lane, and be willing to not fit neatly into a growth or value category.\nIt isn’t easy finding good fund managers with the acumen to pick the right stocks beyond the other 495, the grit to avoid the crowd, and the track record that demonstrates to investors that they can be different and correct. Performance doesn’t look all that great for managers whose wariness led them to own less of the technology darlings that drove the market to highs over the past several years. And the decision to not own any—or even just less—of these companies sometimes pushed managers out of theirMorningstarcategory into areas like large-cap blend.\nHigh active share has often been a go-to gauge for finding fund managers who look different than their benchmarks. That’s a good place to start, but different doesn’t always lead to outperformance, so Morningstar strategist Alec Lucas recommends understanding what is in the managers’ portfolios and the thinking behind the picks—as well as when they buy or sell the stocks.\nBarron’slooked for large-cap growth-oriented managers that don’t usually stick too close to an index and have long, and strong, track records. We turned up both diversified and concentrated funds; some didn’t own any of the Big Five, while some owned a bit, albeit less than their peers. All may offer investors a way to tweak rather than overhaul their portfolios, giving them some more diversification while still tapping into large, growing companies.\nA Concentrated Approach\nThe Akre Focus fund (AKREX) falls into the concentrated bucket. It owns about 20 well-managed companies that the managers, John Neff and Chris Cerrone, think are superior businesses and adept at reinvesting in the companies. The fund has just a 4% turnover, so it holds on to its investments for years. That has been a winning long-term strategy: Akre Focus has an 18% average annual return over the past decade, beating 84% of its peers.\nThe past few years have been tough, though: The fund hasn’t owned the Big Five, and has just 13% of its assets in any kind of technology company, whereas most of its peers have close to a third in tech. It has averaged 22% annually over the past three years; not too shabby on an absolute basis, but landing it midpack among competitors. The managers are resolute in finding growth elsewhere. “They are tremendous businesses, but how many more times can they double in value, given their current size? Maybe many times, but it’s an important question,” says Neff. “We’ve generally focused on smaller businesses with ostensibly longer runways with which to compound.”\nThe tech investments that the managers have made are largely in software companies like Constellation Software (CSU.Canada),Adobe(ADBE), andCoStar Group(CSGP) that have long paths to growth ahead of them as more companies rely on their products. The fund also looks for companies with the type of “network effect” that makes Google and Amazon attractive—the business model gets stronger as more people use it, and makes the company that much harder to replace. Top holdings like Mastercard (MA) andVisa(V) fit that description.\nMany of the companies the duo favors are positioned to hold up, stand out, or even benefit from difficult times, like auto-parts retailerO’Reilly Automotive(ORLY), which recently reported its best comparable same-store sales in 25 years. Given the market backdrop, co-manager Cerrone says they aren’t finding that many bargains today—and they are willing to hold cash if that continues. Today, cash sits at just 2%. “We frankly wish we had more cash than we do today,” Cerrone says. “We’re not bearish, but we think we will be presented with better opportunities.”\nUnderappreciated Growth\nThe $10.1 billionPrimecap Odyssey Growthfund (POGRX) hunts for companies with above-average earnings growth, but not one of the Big Five tech stocks can be spotted in their top 10 holdings.\nThat underweight has been painful; the fund’s 19.6% annual average return over the past five years puts it in the bottom third of large growth funds. But the managers’ willingness to stick with companies with above-average growth for the long haul, often adding to their shares in downturns, wins them fans.\nThe fund’s managers are investing in some of the broad trends driving the Big Five—like e-commerce and cloud computing—but doing it differently, says Morningstar’s Lucas. For example, the fund owns Alibaba Group Holding (BABA) instead of Amazon, opting for China’s version of an e-commerce and cloud-computing giant that also trades at a meaningful discount to the U.S. company, Lucas says. Primecap declined to comment.\nAbout 18% of the fund is invested outside the U.S. and its average price/earnings ratio is 20, cheaper than the 29 for the large growth category, according to Morningstar. Though the fund isn’t concentrated in the Big Five tech stocks, it has double the stake in healthcare, almost 30% of assets, than other large growth funds. Its top 10 positions includeEli Lilly(LLY),Biogen(BIIB),Abiomed(ABMD), andAmgen(AMGN).\nLean Profit Machines\nThe $10.3 billionJensen Quality Growth(JENSX) focuses on companies that generate 15% return on equity for 10 consecutive years—a metric that co-manager Eric Schoenstein sees as a gauge forfoundational excellenceand fortress-like competitive advantages. Amazon and Facebook don’t make the cut. Alphabet, Microsoft, and Apple rank among the top holdings, but Schoenstein holds roughly a third less than in the Russell 1000 Growth index. Schoenstein says he is trying to be conscious of the risk of concentration if the momentum trade reverts or regulation puts a target on these companies’ backs.\nSchoenstein’s caution and a focus on quality companies have pushed the fund toward the bottom decile of the large blend Morningstar category year to date, with a return of 11.6%. But the fund’s 17.3% average return over the past five years puts it in the top 35% of large-blend funds tracked by Morningstar. Plus, the fund’s risk-adjusted, long-term performance stands out, losing about 77% as much as the S&P 500 and Russell 1000 Growth indexes when stocks have fallen since Schoenstein began co-managing the fund in 2004, according to Morningstar.\nLately, Schoenstein has been adding to quality stocks that may not be growing as fast but are more attractively priced as investors have left them behind, such asStarbucks(SBUX)—a stock that had been too pricey until the pandemic hit. “What better business is there to be in than branded addiction?” Schoenstein asks.\nWhile offices in New York City may not get to 100% occupancy, Schoenstein sees hybrid work situations continuing to drive business to Starbucks, potentially with fewer customers but higher sales, as one person buys for multiple people. The company is also closing stores to become more efficient and moving more toward quick-serve and grab-and-go in some locations rather than an all-day café experience.\n\nInsurance is another area that Schoenstein has been adding to, with companies like Marsh & McLennan (MMC), which is dominant in multiple businesses—insurance brokerage, health benefits, and retirement asset management with Mercer. Switching costs are high in the world of insurance, and the company benefits from new trends in cybersecurity and data privacy, as well.\nAnother recent purchase: Data-analytics providerVerisk Analytics(VRSK), which serves property and casualty insurers and gets about 80% of its revenue from subscriptions and long-term agreements. The company helps take raw data and analyze it to help insurers, for example, underwrite policies. Says Schoenstein: “Some recovery is still needed because business has struggled over the past year, with business failures and companies putting [projects] on hold. So, it’s a small position, but I think about companies that are super-entrenched with their customers.”\nMultiple Managers\nUnlike the Jensen and Akre funds, which typically own 20 to 30 stocks, the $87 billionAmerican Funds Amcapfund (AMCPX) is well diversified, with more than 200 holdings, as managers hunt for the best ideas regardless of size.Abbott Laboratories(ABT),Broadcom(AVGO),EOG Resources(EOG), and Mastercard are top holdings along with four of the megacap tech quintuplets.\nBut the fund is valuation-sensitive, and its allocation to the Big Five is lower than other growth managers, hurting its performance over the past five years; its average annual return of 17.3% puts it in the bottom decile of performance. For investors looking for diversification, the fund is a relatively cheap option—charging an expense ratio of 0.68%—that isn’t beholden to a benchmark and is run by multiple managers who can hunt for their highest-conviction ideas.\nManagers favor companies with strong competitive positioning, which can allow companies to boost prices and better weather near-term inflationary periods. While that includes a healthy helping of healthcare and technology stocks, managers have also gravitated toward cyclical growth companies, including semiconductor firms, travel-related companies, auto suppliers, retailers, and financials benefiting from secular growth as well as getting an additional boost from the Covid recovery.\n“It’s very consistent, and a good core fund with a lot of good stockpickers behind it,” says Russel Kinnel, Morningstar’s director of manager research. “You want a fund to have some good technology exposure because it’s a dynamic sector.”\nGrowth on the Cheap\nThe $357 million Cambiar Opportunity fund (CAMOX) is a concentrated fund that owns roughly 40 stocks. The fund looks for relative values among industry winners that boast strong long-term demand prospects and pricing power that differentiate it from some of its peers. The fund’s 16% average annual return over the past five years helped it beat 94% of its large-value peers.\nThe fund holds Amazon, which it bought for the first time in early 2020 when the market wasn’t giving the e-commerce behemoth much value for its cloud business. It has been harder to own other megacap technology stocks, says Ania Aldrich, an investment principal at Cambiar. That’s in part because of their high valuations, but especially as exchange-traded funds continue to receive record-high inflows—$400 billion in the first half of 2021, versus $507 billion for all of last year, according to ETF.com—which contributes to the market concentration.\nInstead, the fund has focused on areas such as financials, including JPMorgan Chase (JPM) and Charles Schwab (SCHW), that can grow in this economic environment. Both would benefit from higher interest rates, but Aldrich says that wasn’t the reason to buy the stocks. Schwab, for example, is taking market share in wealth management, and its recent acquisition of Ameritrade gives it more heft and the ability to be more cost-efficient.\nAlso attractive are companies that haven’t yet seen a full reopening of their businesses, like casino operatorPenn National Gaming(PENN), which Aldrich says is well positioned as states look for more revenue andallow online gambling, and food distributorSysco(SYY), which has yet to benefit from colleges and conferences getting back into full swing. While Sysco’s shares are up 43% in the past year, Aldrich sees more room for gains, noting that the company is a market leader and can take market share as smaller firms consolidate. Plus, it has pricing power to pass on higher commodity costs since it is a distributor.\nAnother recent addition:Uber Technologies(UBER), which Aldrich says isn’t just a reopening beneficiary but also has increased the reach of its platform by moving into food delivery and opening the door to other services. “In the past, it was hard to outperform when you weren’t involved in the [concentrated stocks], but we see these trends as transitory. As growth normalizes, the value of other stocks should be recognized.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":3,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188254406,"gmtCreate":1623451693005,"gmtModify":1704203876813,"author":{"id":"3579657215684313","authorId":"3579657215684313","name":"Benly8","avatar":"https://static.tigerbbs.com/80f36222b1c1982caf217686d5a8431f","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"IPOs always fly in US markets&nbsp;","listText":"IPOs always fly in US markets&nbsp;","text":"IPOs always fly in US markets","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/188254406","repostId":"2142202150","repostType":4,"isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3553658931361428","authorId":"3553658931361428","name":"yaozong7","avatar":"https://community-static.tradeup.com/news/0db82c58fe151c6056334e54bf8ceeee","crmLevel":5,"crmLevelSwitch":0},"content":"Tencent power lah! Haha buy tencent instead, since so cheap now? Haha","text":"Tencent power lah! Haha buy tencent instead, since so cheap now? Haha","html":"Tencent power lah! Haha buy tencent instead, since so cheap now? Haha"}],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}