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shlee7430

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2021-05-04

Hope this will not past too long

Stocks decline after a solid start to May, Nasdaq drops 2% as tech shares lead losses

2021-05-04

Good luck

Sorry, the original content has been removed

2021-04-06

Please like and comment, thank you

Bitcoin Is Going Mainstream. What Investors Need to Know.

2021-04-05

Well said

The 5 Worst Reasons to Buy AMC Entertainment Stock

2021-04-05

Very good

Facebook shares rose more than 2% to a record high of $305.43

2021-04-04

Nice

3 Beaten-Down Stocks That Could Double Your Money

2021-04-04

This seems bullish

2021-04-04

Let's get ready for this. What will you do?

How Likely Is a Stock Market Crash?

Go to Tiger App to see more news

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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\">\nStocks decline after a solid start to May, Nasdaq drops 2% as tech shares lead losses\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-04 22:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Stocks decline after a solid start to May, Nasdaq drops 2% as tech shares lead losses.</p><p><img src=\"https://static.tigerbbs.com/ee4ae8851c5a16e2e3e9d68d897290be\" tg-width=\"911\" tg-height=\"479\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/502df96f55dc73ee648004ce97da0e5c\" tg-width=\"1866\" tg-height=\"894\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138710102","content_text":"Stocks decline after a solid start to May, Nasdaq drops 2% as tech shares lead losses.","news_type":1},"isVote":1,"tweetType":1,"viewCount":298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106551540,"gmtCreate":1620135902480,"gmtModify":1704339128624,"author":{"id":"3580617988689460","authorId":"3580617988689460","name":"shlee7430","avatar":"https://static.tigerbbs.com/35f19929cd5b136330fa21293936f045","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580617988689460","authorIdStr":"3580617988689460"},"themes":[],"htmlText":"Good luck","listText":"Good luck","text":"Good luck","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/106551540","repostId":"1141446343","repostType":4,"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":343084433,"gmtCreate":1617663695022,"gmtModify":1704701417135,"author":{"id":"3580617988689460","authorId":"3580617988689460","name":"shlee7430","avatar":"https://static.tigerbbs.com/35f19929cd5b136330fa21293936f045","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580617988689460","authorIdStr":"3580617988689460"},"themes":[],"htmlText":"Please like and comment, thank you&nbsp;","listText":"Please like and comment, thank you&nbsp;","text":"Please like and comment, thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/343084433","repostId":"1167453696","repostType":4,"repost":{"id":"1167453696","kind":"news","pubTimestamp":1617635757,"share":"https://ttm.financial/m/news/1167453696?lang=&edition=fundamental","pubTime":"2021-04-05 23:15","market":"us","language":"en","title":"Bitcoin Is Going Mainstream. What Investors Need to Know.","url":"https://stock-news.laohu8.com/highlight/detail?id=1167453696","media":"Barrons","summary":"Bitcoin is either a massive bubble or the digital currency of the future.\nThe reality is likely some","content":"<p>Bitcoin is either a massive bubble or the digital currency of the future.</p>\n<p>The reality is likely somewhere in the middle. Either way, the cryptocurrency is working itself into the mainstream financial world, achieving the scale and critical mass that may make it increasingly difficult to dislodge or restrain.</p>\n<p>With its market value hovering around $1 trillion, Bitcoin (BTC) has become too large and influential to remain on the financial fringes. Wall Street is pumping out reports on cryptos. Piper Sandler issued a 30-page report on Thursday, noting that the “crypto-economy could be entering a pivotal point in its development/lifecycle.”</p>\n<p>Coinbase Global, the largest U.S. crypto exchange and custodian, says it plans to go public on April 14 in what may be the largest tech IPO since&nbsp;Facebook(ticker: FB) in 2012. Private valuations peg Coinbase at $68 billion. The firm custodies an estimated $90 billion in crypto assets on its platform. It had revenue of $1.3 billion in 2020 and profits of $322 million, according to a regulatory filing.</p>\n<p>Fintechs see Bitcoin and other cryptos as a vast new market for payments and transaction services.Visasays it plans to settle transactions in a “stablecoin,” USD Coin (USDC). About $10 billion of USDC is now circulating, according to Visa, which sees it used for everything from buying a cup of coffee to cross-border payments, trade settlements, or foreign money transfers. Stablecoins are like digital dollars, pegged in value to the buck.</p>\n<p>Other votes of confidence in Bitcoin are coming fromTesla(TSLA),PayPal Holdings(PYPL) andSquare(SQ), all of which are now offering ways to transact in Bitcoin or other cryptos.</p>\n<p>And there are expanding ways to invest, including derivatives, stocks and holding companies like the&nbsp;Grayscale Bitcoin Trust&nbsp;(GBTC). Fund sponsors are also angling to launch a U.S.-listed exchange-traded fund (catching up to Canada, where&nbsp;Bitcoin ETFs recently started trading).</p>\n<p>U.S. fund sponsors filing for approvals recently include Fidelity Investments, VanEck,WisdomTree Investments(WETF), SkyBridge Capital, Valkyrie Digital Assets, and NYDIG Asset Management, according to Piper Sandler.</p>\n<p>The Securities and Exchange Commission has so far declined to approve a Bitcoin ETF, citing concerns about volatility, price transparency, and market manipulation. However, the Biden Administration’s nominee for SEC chairman, Gary Gensler, may take a friendlier approach. Gensler previously ran the Commodity Futures Trading Commission and has studied cryptos extensively. “This is good news for the digital assets industry,” wrote Jeff Bandman, a former CFTC official in aposton CoinDesk.</p>\n<p>As Bitcoin becomes entrenched, it may only get harder for regulators to restrain. Its growing acceptance as an alternative investment or transaction currency is far outpacing regulatory controls. That, in turn, could improve the investment case for owning it, according to Piper Sandler.</p>\n<p>“Many investors view this scale as a safeguard against potentially overbearing regulations from governments in the developed world,” Piper says. Investing in Bitcoin, the firm adds, is a “quasi call option for both individuals and institutions on this new and potentially disruptive technology.”</p>\n<p>Some economists also view Bitcoin’s rising clout as a means of keeping regulators at bay.</p>\n<p>“My read on the last six to 12 months is that as influential investors come in, it puts pressure on regulators not to do anything,” says Harvard economist Kenneth Rogoff, who doesn’t expect regulators to sit on their hands forever.</p>\n<p>Bitcoin and other crytpos are regulated by various federal agencies and states, but they aren’t entirely clear or consistent. The IRS classifies cryptos as property, for instance, subjecting it to capital-gains tax. The CFTC said in 2015 that virtual currencies should be “properly defined as commodities.” Banks, for their part, are now allowed to custody cryptos, conduct banking in stablecoins, and participate in blockchain networks under guidelines from the U.S. Comptroller of the Currency.</p>\n<p>But prices for Bitcoin and other cryptos are likely to stay volatile. Only a small fraction of the Bitcoin supply actually trades on exchanges or other platforms—most of it is kept off the market by long-term “hodlers.” That makes the price volatile and act like a thinly traded stock.</p>\n<p>“How bubbly is this market? I think it’s very bubbly,” says Carmen Reinhart, chief economist of the World Bank. “It’s low liquidity and it may not take any melodrama in a thin market to reverse most or all of the price gains we’ve seen.”</p>\n<p>Nonetheless, Bitcoin’s use cases are also compelling, she notes, particularly in countries like Venezuela and Lebanon, where hyperinflation and capital controls incentivize the use of unregulated digital currencies.</p>\n<p>“If you want to get money out of Lebanon or any country where you’re concerned about its future prospects—whether it’s inflation, confiscation, or anything else—crypto is a way of transferring [money], a vehicle for capital flight,” she says.</p>\n<p>As for the price, investors should buckle up. “We have to expect huge price volatility,” Reinhart says. “But does this mean we’ll see a crash from which it doesn’t recover? I doubt that too.”</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Is Going Mainstream. What Investors Need to Know.</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\">\nBitcoin Is Going Mainstream. What Investors Need to Know.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-05 23:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/bitcoin-is-going-mainstream-what-investors-need-to-know-51617393392?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin is either a massive bubble or the digital currency of the future.\nThe reality is likely somewhere in the middle. Either way, the cryptocurrency is working itself into the mainstream financial ...</p>\n\n<a href=\"https://www.barrons.com/articles/bitcoin-is-going-mainstream-what-investors-need-to-know-51617393392?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block","GBTC":"Grayscale Bitcoin Trust","COIN":"Coinbase Global, Inc.","TSLA":"特斯拉","PYPL":"PayPal"},"source_url":"https://www.barrons.com/articles/bitcoin-is-going-mainstream-what-investors-need-to-know-51617393392?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167453696","content_text":"Bitcoin is either a massive bubble or the digital currency of the future.\nThe reality is likely somewhere in the middle. Either way, the cryptocurrency is working itself into the mainstream financial world, achieving the scale and critical mass that may make it increasingly difficult to dislodge or restrain.\nWith its market value hovering around $1 trillion, Bitcoin (BTC) has become too large and influential to remain on the financial fringes. Wall Street is pumping out reports on cryptos. Piper Sandler issued a 30-page report on Thursday, noting that the “crypto-economy could be entering a pivotal point in its development/lifecycle.”\nCoinbase Global, the largest U.S. crypto exchange and custodian, says it plans to go public on April 14 in what may be the largest tech IPO since Facebook(ticker: FB) in 2012. Private valuations peg Coinbase at $68 billion. The firm custodies an estimated $90 billion in crypto assets on its platform. It had revenue of $1.3 billion in 2020 and profits of $322 million, according to a regulatory filing.\nFintechs see Bitcoin and other cryptos as a vast new market for payments and transaction services.Visasays it plans to settle transactions in a “stablecoin,” USD Coin (USDC). About $10 billion of USDC is now circulating, according to Visa, which sees it used for everything from buying a cup of coffee to cross-border payments, trade settlements, or foreign money transfers. Stablecoins are like digital dollars, pegged in value to the buck.\nOther votes of confidence in Bitcoin are coming fromTesla(TSLA),PayPal Holdings(PYPL) andSquare(SQ), all of which are now offering ways to transact in Bitcoin or other cryptos.\nAnd there are expanding ways to invest, including derivatives, stocks and holding companies like the Grayscale Bitcoin Trust (GBTC). Fund sponsors are also angling to launch a U.S.-listed exchange-traded fund (catching up to Canada, where Bitcoin ETFs recently started trading).\nU.S. fund sponsors filing for approvals recently include Fidelity Investments, VanEck,WisdomTree Investments(WETF), SkyBridge Capital, Valkyrie Digital Assets, and NYDIG Asset Management, according to Piper Sandler.\nThe Securities and Exchange Commission has so far declined to approve a Bitcoin ETF, citing concerns about volatility, price transparency, and market manipulation. However, the Biden Administration’s nominee for SEC chairman, Gary Gensler, may take a friendlier approach. Gensler previously ran the Commodity Futures Trading Commission and has studied cryptos extensively. “This is good news for the digital assets industry,” wrote Jeff Bandman, a former CFTC official in aposton CoinDesk.\nAs Bitcoin becomes entrenched, it may only get harder for regulators to restrain. Its growing acceptance as an alternative investment or transaction currency is far outpacing regulatory controls. That, in turn, could improve the investment case for owning it, according to Piper Sandler.\n“Many investors view this scale as a safeguard against potentially overbearing regulations from governments in the developed world,” Piper says. Investing in Bitcoin, the firm adds, is a “quasi call option for both individuals and institutions on this new and potentially disruptive technology.”\nSome economists also view Bitcoin’s rising clout as a means of keeping regulators at bay.\n“My read on the last six to 12 months is that as influential investors come in, it puts pressure on regulators not to do anything,” says Harvard economist Kenneth Rogoff, who doesn’t expect regulators to sit on their hands forever.\nBitcoin and other crytpos are regulated by various federal agencies and states, but they aren’t entirely clear or consistent. The IRS classifies cryptos as property, for instance, subjecting it to capital-gains tax. The CFTC said in 2015 that virtual currencies should be “properly defined as commodities.” Banks, for their part, are now allowed to custody cryptos, conduct banking in stablecoins, and participate in blockchain networks under guidelines from the U.S. Comptroller of the Currency.\nBut prices for Bitcoin and other cryptos are likely to stay volatile. Only a small fraction of the Bitcoin supply actually trades on exchanges or other platforms—most of it is kept off the market by long-term “hodlers.” That makes the price volatile and act like a thinly traded stock.\n“How bubbly is this market? I think it’s very bubbly,” says Carmen Reinhart, chief economist of the World Bank. “It’s low liquidity and it may not take any melodrama in a thin market to reverse most or all of the price gains we’ve seen.”\nNonetheless, Bitcoin’s use cases are also compelling, she notes, particularly in countries like Venezuela and Lebanon, where hyperinflation and capital controls incentivize the use of unregulated digital currencies.\n“If you want to get money out of Lebanon or any country where you’re concerned about its future prospects—whether it’s inflation, confiscation, or anything else—crypto is a way of transferring [money], a vehicle for capital flight,” she says.\nAs for the price, investors should buckle up. “We have to expect huge price volatility,” Reinhart says. “But does this mean we’ll see a crash from which it doesn’t recover? I doubt that too.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574026189533561","authorId":"3574026189533561","name":"K74","avatar":"https://community-static.tradeup.com/news/0915c1dbb625a1fab842a01a98e9f31a","crmLevel":2,"crmLevelSwitch":0,"idStr":"3574026189533561","authorIdStr":"3574026189533561"},"content":"Okay, Reply my post too thanks","text":"Okay, Reply my post too thanks","html":"Okay, Reply my post too thanks"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349414150,"gmtCreate":1617631682471,"gmtModify":1704701135393,"author":{"id":"3580617988689460","authorId":"3580617988689460","name":"shlee7430","avatar":"https://static.tigerbbs.com/35f19929cd5b136330fa21293936f045","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580617988689460","authorIdStr":"3580617988689460"},"themes":[],"htmlText":"Well said","listText":"Well said","text":"Well said","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349414150","repostId":"2125763974","repostType":4,"repost":{"id":"2125763974","kind":"highlight","pubTimestamp":1617625873,"share":"https://ttm.financial/m/news/2125763974?lang=&edition=fundamental","pubTime":"2021-04-05 20:31","market":"us","language":"en","title":"The 5 Worst Reasons to Buy AMC Entertainment Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2125763974","media":"Motley Fool","summary":"If your buy thesis is based on one or more of the following ideas, you're in big trouble.","content":"<p>If your buy thesis is based on one or more of the following ideas, you're in big trouble.</p>\n<p>Following a pandemic-whipsawed 2020, the most prominent development of the current year has been retail investors asserting their presence on Wall Street.</p>\n<p>For nearly three months, retail investors on Reddit's WallStreetBets chat room have been banding together to buy shares and out-of-the-money call options in companies with high levels of short interest. The goal for these predominantly young and/or novice investors is to create a short squeeze -- i.e., an event where pessimists who want to see the share price of a stock decline are driven out of their positions by rapidly rising share prices.</p>\n<p>Retail investors have been successful in effecting a short squeeze in a handful of securities. Although video game and accessories retailer&nbsp;<b>GameStop</b>&nbsp;might be the most famous, it's movie theater chain<b>AMC Entertainment</b> (NYSE:AMC) that's sort of become the battleground stock between Reddit traders and Wall Street.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6f46e8f9014a7aff8e5399f6c5a3df3a\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<p>Unfortunately, many of the reasons retail investors have chosen to buy into AMC are, for lack of a better word, awful. If your buy thesis pins on <a href=\"https://laohu8.com/S/AONE\">one</a> or more of the following five ideas, you might end up kissing a significant portion of your investment goodbye.</p>\n<p><b>1. \"AMC's share price is too low\"</b></p>\n<p>One of the worst reasons to buy into AMC is that you think its $9.36 share price looks cheap relative to the $20 it went for as recently as September 2018. The issue with this buy thesis is that share price is meaningless without taking outstanding share count into consideration.</p>\n<p>For instance, AMC ended 2018 with 135.5 million shares outstanding and a share price of $12.28. Doing the math, this works out to a market cap of $1.66 billion. As of this past weekend, AMC had 450.2 million shares outstanding. Based on its $9.36 share price, its market cap is $4.2 billion.</p>\n<p>To put this into some context, AMC's share price is down 67% over the past five years, but its market cap has jumped by 54%. AMC's market cap over the past two months is higher than at any point since it became a publicly traded company in December 2013. The thesis that AMC is cheap based on its share price doesn't hold water.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3c1e8d2b4cae058dc557e5200b3ff00d\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<p><b>2. \"A short squeeze is imminent\"</b></p>\n<p>Arguably the most common buy thesis I hear for AMC among Reddit investors is that it's primed for a short squeeze. The unfortunate part is the dynamics that helped fuel a short squeeze in late January and early February no longer exist.</p>\n<p>For a short squeeze to occur, the right recipe is needed. First, there needs to be a high level of short interest relative to a company's float (i.e., its tradable shares). In AMC's case, 49.3 million shares were being held short in mid-March, compared to a float of 404 million shares. This represents short interest of 12%. That's definitely higher than the average publicly traded stock, but it's not off the charts. In fact, the percent of float held short for AMC has declined from close to 40% to just 12% over the last four months.</p>\n<p>Furthermore, the company's short ratio (also known as days to cover) has declined considerably. In October it would have taken short sellers over three days to exit their positions. Today, AMC's high daily trading volume would allow pessimists to cover in a matter of hours.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bee505c562dafe3e29f86496a282e43d\" tg-width=\"700\" tg-height=\"470\"><span>Image source: Getty Images.</span></p>\n<p><b>3. \"99% of its theaters have reopened\"</b></p>\n<p>Retail investors are also gung-ho about AMC's reopening its theaters. As of March 26, the company forecast that 99% of its theaters would be open for business. While I freely admit that open theaters in any capacity is better than completely closed theaters, the buy thesis is missing a number of key points.</p>\n<p>To begin with, it's not as if AMC's theaters will be operating at full capacity anytime soon. With new variants of COVID-19 circulating in the U.S., we're in a race to vaccinate as many people as possible. If too few people are vaccinated, these variants can minimize the effectiveness of coronavirus vaccines and push the prospect of herd immunity much further down the line.</p>\n<p>In addition, AMC's film exclusivity has taken a pretty big hit during the pandemic.<b>AT&amp;T</b>'s WarnerMedia has chosen to release all of its news films in 2021 on HBO Max the same day they'll hit theaters.<b>Walt Disney</b>&nbsp;is making a similar move with a handful of films on its Disney+ streaming service. Moving forward, AMC could be looking at significantly reduced exclusivity, which will hamper its turnaround efforts.</p>\n<p>According to Wall Street, AMC isn't expected to hit its pre-pandemic level of annual sales until closer to 2024.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a7820c1f47b166de46066a8218fa6556\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<p><b>4. \"I like to go to the movies\"</b></p>\n<p>Investing great Peter Lynch has always been a big fan of buying what you know. But Lynch also recognizes that there's a lot more to a great investment than simply liking or using a product. From what I've observed on social media, quite a few retail investors love going to the movies but are allergic to digging into AMC's income statements and balance sheet.</p>\n<p>From a balance-sheet perspective, AMC noted in its fourth-quarter operating results that it had more than $1 billion in cash on hand. This is after issuing close to 165 million shares and over $400 million in debt capital between mid-December and mid-January. But it ended 2020 with $5.7 billion in debt, and some of the debt it's issued since March 2020 has interest rates ranging from 10% to as high as a variable rate of 17%. Servicing this debt is going to be extremely challenging, and it's going to minimize what AMC can do with regard to growth initiatives.</p>\n<p>As for its income statement, AMC reported negative-$1.3 billion in free cash flow last year. This figure should improve with the company's theaters now open in some capacity. However, profitability remains a long way off. Over the next 24 months, AMC doesn't look to have enough cash to cover its losses.</p>\n<p>Investors are welcome to like a business -- but investing in it without knowing the fundamental details is a big mistake.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/20df0ce8cdd145fd726f632183b62ed6\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<p><b>5. \"If we buy and hold, the hedgies lose\"</b></p>\n<p>Lastly, there's the idea that if retail investors buy up the float and hold on to AMC stock, they'll be sticking it to the \"hedgies\" -- a term assigned to Wall Street hedge funds and institutional investors. This, too, is a misguided buy thesis.</p>\n<p>Even though the percentage of AMC shares owned by institutional investors has been more than halved since October -- this is likely a function of the company's tripling its outstanding share count -- data from YCharts shows that institutions are still holding 32% of all shares. That's a significant chunk.</p>\n<p>What's more, the bulk of trading volume these days derives from high-frequency trading programs and not from retail investors or even hedge funds. There's never going to be an instance where retail investors own such a significant amount of the float that they'll be able to block downside moves in AMC stock.</p>\n<p>As is the case with every publicly traded company, operating results, not emotions, are what'll dictate AMC's long-term share-price performance. With the company facing clear cash concerns over the next two years, it'll likely be forced to, once again, dilute the daylights out of its shareholders to stay afloat.</p>\n<p>In sum, the Reddit buy theses for AMC make little to no sense.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The 5 Worst Reasons to Buy AMC Entertainment Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe 5 Worst Reasons to Buy AMC Entertainment Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-05 20:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/05/the-5-worst-reasons-to-buy-amc-entertainment-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If your buy thesis is based on one or more of the following ideas, you're in big trouble.\nFollowing a pandemic-whipsawed 2020, the most prominent development of the current year has been retail ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/05/the-5-worst-reasons-to-buy-amc-entertainment-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/04/05/the-5-worst-reasons-to-buy-amc-entertainment-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2125763974","content_text":"If your buy thesis is based on one or more of the following ideas, you're in big trouble.\nFollowing a pandemic-whipsawed 2020, the most prominent development of the current year has been retail investors asserting their presence on Wall Street.\nFor nearly three months, retail investors on Reddit's WallStreetBets chat room have been banding together to buy shares and out-of-the-money call options in companies with high levels of short interest. The goal for these predominantly young and/or novice investors is to create a short squeeze -- i.e., an event where pessimists who want to see the share price of a stock decline are driven out of their positions by rapidly rising share prices.\nRetail investors have been successful in effecting a short squeeze in a handful of securities. Although video game and accessories retailer GameStop might be the most famous, it's movie theater chainAMC Entertainment (NYSE:AMC) that's sort of become the battleground stock between Reddit traders and Wall Street.\nImage source: Getty Images.\nUnfortunately, many of the reasons retail investors have chosen to buy into AMC are, for lack of a better word, awful. If your buy thesis pins on one or more of the following five ideas, you might end up kissing a significant portion of your investment goodbye.\n1. \"AMC's share price is too low\"\nOne of the worst reasons to buy into AMC is that you think its $9.36 share price looks cheap relative to the $20 it went for as recently as September 2018. The issue with this buy thesis is that share price is meaningless without taking outstanding share count into consideration.\nFor instance, AMC ended 2018 with 135.5 million shares outstanding and a share price of $12.28. Doing the math, this works out to a market cap of $1.66 billion. As of this past weekend, AMC had 450.2 million shares outstanding. Based on its $9.36 share price, its market cap is $4.2 billion.\nTo put this into some context, AMC's share price is down 67% over the past five years, but its market cap has jumped by 54%. AMC's market cap over the past two months is higher than at any point since it became a publicly traded company in December 2013. The thesis that AMC is cheap based on its share price doesn't hold water.\nImage source: Getty Images.\n2. \"A short squeeze is imminent\"\nArguably the most common buy thesis I hear for AMC among Reddit investors is that it's primed for a short squeeze. The unfortunate part is the dynamics that helped fuel a short squeeze in late January and early February no longer exist.\nFor a short squeeze to occur, the right recipe is needed. First, there needs to be a high level of short interest relative to a company's float (i.e., its tradable shares). In AMC's case, 49.3 million shares were being held short in mid-March, compared to a float of 404 million shares. This represents short interest of 12%. That's definitely higher than the average publicly traded stock, but it's not off the charts. In fact, the percent of float held short for AMC has declined from close to 40% to just 12% over the last four months.\nFurthermore, the company's short ratio (also known as days to cover) has declined considerably. In October it would have taken short sellers over three days to exit their positions. Today, AMC's high daily trading volume would allow pessimists to cover in a matter of hours.\nImage source: Getty Images.\n3. \"99% of its theaters have reopened\"\nRetail investors are also gung-ho about AMC's reopening its theaters. As of March 26, the company forecast that 99% of its theaters would be open for business. While I freely admit that open theaters in any capacity is better than completely closed theaters, the buy thesis is missing a number of key points.\nTo begin with, it's not as if AMC's theaters will be operating at full capacity anytime soon. With new variants of COVID-19 circulating in the U.S., we're in a race to vaccinate as many people as possible. If too few people are vaccinated, these variants can minimize the effectiveness of coronavirus vaccines and push the prospect of herd immunity much further down the line.\nIn addition, AMC's film exclusivity has taken a pretty big hit during the pandemic.AT&T's WarnerMedia has chosen to release all of its news films in 2021 on HBO Max the same day they'll hit theaters.Walt Disney is making a similar move with a handful of films on its Disney+ streaming service. Moving forward, AMC could be looking at significantly reduced exclusivity, which will hamper its turnaround efforts.\nAccording to Wall Street, AMC isn't expected to hit its pre-pandemic level of annual sales until closer to 2024.\nImage source: Getty Images.\n4. \"I like to go to the movies\"\nInvesting great Peter Lynch has always been a big fan of buying what you know. But Lynch also recognizes that there's a lot more to a great investment than simply liking or using a product. From what I've observed on social media, quite a few retail investors love going to the movies but are allergic to digging into AMC's income statements and balance sheet.\nFrom a balance-sheet perspective, AMC noted in its fourth-quarter operating results that it had more than $1 billion in cash on hand. This is after issuing close to 165 million shares and over $400 million in debt capital between mid-December and mid-January. But it ended 2020 with $5.7 billion in debt, and some of the debt it's issued since March 2020 has interest rates ranging from 10% to as high as a variable rate of 17%. Servicing this debt is going to be extremely challenging, and it's going to minimize what AMC can do with regard to growth initiatives.\nAs for its income statement, AMC reported negative-$1.3 billion in free cash flow last year. This figure should improve with the company's theaters now open in some capacity. However, profitability remains a long way off. Over the next 24 months, AMC doesn't look to have enough cash to cover its losses.\nInvestors are welcome to like a business -- but investing in it without knowing the fundamental details is a big mistake.\nImage source: Getty Images.\n5. \"If we buy and hold, the hedgies lose\"\nLastly, there's the idea that if retail investors buy up the float and hold on to AMC stock, they'll be sticking it to the \"hedgies\" -- a term assigned to Wall Street hedge funds and institutional investors. This, too, is a misguided buy thesis.\nEven though the percentage of AMC shares owned by institutional investors has been more than halved since October -- this is likely a function of the company's tripling its outstanding share count -- data from YCharts shows that institutions are still holding 32% of all shares. That's a significant chunk.\nWhat's more, the bulk of trading volume these days derives from high-frequency trading programs and not from retail investors or even hedge funds. There's never going to be an instance where retail investors own such a significant amount of the float that they'll be able to block downside moves in AMC stock.\nAs is the case with every publicly traded company, operating results, not emotions, are what'll dictate AMC's long-term share-price performance. With the company facing clear cash concerns over the next two years, it'll likely be forced to, once again, dilute the daylights out of its shareholders to stay afloat.\nIn sum, the Reddit buy theses for AMC make little to no sense.","news_type":1},"isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349411965,"gmtCreate":1617631426757,"gmtModify":1704701127443,"author":{"id":"3580617988689460","authorId":"3580617988689460","name":"shlee7430","avatar":"https://static.tigerbbs.com/35f19929cd5b136330fa21293936f045","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580617988689460","authorIdStr":"3580617988689460"},"themes":[],"htmlText":"Very good","listText":"Very good","text":"Very good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349411965","repostId":"1178747724","repostType":4,"repost":{"id":"1178747724","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1617630593,"share":"https://ttm.financial/m/news/1178747724?lang=&edition=fundamental","pubTime":"2021-04-05 21:49","market":"us","language":"en","title":"Facebook shares rose more than 2% to a record high of $305.43","url":"https://stock-news.laohu8.com/highlight/detail?id=1178747724","media":"Tiger Newspress","summary":"Facebook shares rose more than 2% to a record high of $305.43 in Monday morning trading.Facebook sha","content":"<p>Facebook shares rose more than 2% to a record high of $305.43&nbsp;in Monday morning trading.</p><p><img src=\"https://static.tigerbbs.com/18fda356e4035789f751f20c7e1e49ec\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><b>Facebook</b>&nbsp;shares have outperformed the S&amp;P 500 over the past year (+86.2% vs. +59.4%). The Zacks analyst believes that Facebook is benefiting from steady user growth across all regions, particularly Asia Pacific.</p><p>Increased engagement for its products like Instagram, WhatsApp and Messenger is a major growth driver. Strong advertising revenues were driven by a strong holiday shopping season for retail that benefited from the ongoing shift to online commerce.</p><p>Facebook expects year-over-year growth rates in total revenues to remain stable or modestly accelerate on a sequential basis in the first and second quarters of 2021. However, increasing regulatory headwinds in the EU and other countries is a concern.</p><p>Monness analyst Brian White continues to remain bullish on the social media giant despite a recentHouse hearingwhich grilled the CEOs of Facebook,<b>Alphabet Inc</b>, and&nbsp;<b>Twitter Inc</b>&nbsp;on misinformation.</p><p>The analyst reiterated a “Buy” rating on the stock and maintained a $375 price target, implying a 27% upside potential.</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>Facebook shares rose more than 2% to a record high of $305.43</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\">\nFacebook shares rose more than 2% to a record high of $305.43\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-05 21:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Facebook shares rose more than 2% to a record high of $305.43&nbsp;in Monday morning trading.</p><p><img src=\"https://static.tigerbbs.com/18fda356e4035789f751f20c7e1e49ec\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><b>Facebook</b>&nbsp;shares have outperformed the S&amp;P 500 over the past year (+86.2% vs. +59.4%). The Zacks analyst believes that Facebook is benefiting from steady user growth across all regions, particularly Asia Pacific.</p><p>Increased engagement for its products like Instagram, WhatsApp and Messenger is a major growth driver. Strong advertising revenues were driven by a strong holiday shopping season for retail that benefited from the ongoing shift to online commerce.</p><p>Facebook expects year-over-year growth rates in total revenues to remain stable or modestly accelerate on a sequential basis in the first and second quarters of 2021. However, increasing regulatory headwinds in the EU and other countries is a concern.</p><p>Monness analyst Brian White continues to remain bullish on the social media giant despite a recentHouse hearingwhich grilled the CEOs of Facebook,<b>Alphabet Inc</b>, and&nbsp;<b>Twitter Inc</b>&nbsp;on misinformation.</p><p>The analyst reiterated a “Buy” rating on the stock and maintained a $375 price target, implying a 27% upside potential.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178747724","content_text":"Facebook shares rose more than 2% to a record high of $305.43 in Monday morning trading.Facebook shares have outperformed the S&P 500 over the past year (+86.2% vs. +59.4%). The Zacks analyst believes that Facebook is benefiting from steady user growth across all regions, particularly Asia Pacific.Increased engagement for its products like Instagram, WhatsApp and Messenger is a major growth driver. Strong advertising revenues were driven by a strong holiday shopping season for retail that benefited from the ongoing shift to online commerce.Facebook expects year-over-year growth rates in total revenues to remain stable or modestly accelerate on a sequential basis in the first and second quarters of 2021. However, increasing regulatory headwinds in the EU and other countries is a concern.Monness analyst Brian White continues to remain bullish on the social media giant despite a recentHouse hearingwhich grilled the CEOs of Facebook,Alphabet Inc, and Twitter Inc on misinformation.The analyst reiterated a “Buy” rating on the stock and maintained a $375 price target, implying a 27% upside potential.","news_type":1},"isVote":1,"tweetType":1,"viewCount":227,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349355896,"gmtCreate":1617551328915,"gmtModify":1704700380395,"author":{"id":"3580617988689460","authorId":"3580617988689460","name":"shlee7430","avatar":"https://static.tigerbbs.com/35f19929cd5b136330fa21293936f045","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580617988689460","authorIdStr":"3580617988689460"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349355896","repostId":"1188150614","repostType":4,"repost":{"id":"1188150614","kind":"news","pubTimestamp":1617366389,"share":"https://ttm.financial/m/news/1188150614?lang=&edition=fundamental","pubTime":"2021-04-02 20:26","market":"us","language":"en","title":"3 Beaten-Down Stocks That Could Double Your Money","url":"https://stock-news.laohu8.com/highlight/detail?id=1188150614","media":"Motley Fool","summary":"Market rotation malaise has infected many investors. Last year, the growth stocks in theNasdaq-100index trounced the staid giants in theDow Jones Industrial Average. It's been a different story so far in 2021, though. The big money appears to be moving into so-called \"risk-off\" stocks.As a result, many of the high-flyers from just a few months ago are now stuck in the doldrums. Some are even down more than 30% from their peaks set earlier this year. There's a silver lining in this dark cloud, ho","content":"<p>Market rotation malaise has infected many investors. Last year, the growth stocks in the<b>Nasdaq-100</b>index trounced the staid giants in the<b>Dow Jones Industrial Average</b>. It's been a different story so far in 2021, though. The big money appears to be moving into so-called \"risk-off\" stocks.</p>\n<p>As a result, many of the high-flyers from just a few months ago are now stuck in the doldrums. Some are even down more than 30% from their peaks set earlier this year. There's a silver lining in this dark cloud, however: Quite a few stocks with strong growth prospects are available at discounted prices.&nbsp;Here are three beaten-down stocks that could even double your money -- or more.</p>\n<p><b>DermTech</b></p>\n<p><b>DermTech</b>(NASDAQ:DMTK)markets an exciting product: a skin genomics test that can detect melanoma more accurately and cheaper than surgical biopsy. Its shares soared over 145% year to date by the third week of February. Since then, though, thehealthcare stockhas fallen more than 35%.</p>\n<p>Part of the problem was the aforementioned general sell-off of growth stocks. However, DermTech also provided disappointing guidance in its fourth-quarter update. The company expects first-quarter assay revenue of between $1.6 million and $1.9 million compared to Q4 assay revenue of $1.6 million.</p>\n<p>DermTech still faces some COVID-19 headwinds in reaching out to physicians. The company's long-term growth prospects remain bright, though. DermTech continues to pick up commercial payer reimbursement for its first product, Pigmented Lesion Assay (PLA). It expects to launch an at-home genomics test that identifies ultraviolet ray damage and skin cancer risk next year.</p>\n<p>The total addressable U.S. market that DermTech is targeting for all types of skin cancer is around $10 billion. With the company's market cap currently below $1.5 billion, DermTech should only have to capture a tiny sliver of this market to deliver huge returns for investors.</p>\n<p><b>Gores Holdings VI</b></p>\n<p>Special purpose acquisition company (SPAC) stocks were wildly popular not long ago. That's changed quite a bit.&nbsp;<b>Gores Holdings VI</b>(NASDAQ:GHVI)serves as a great example: The SPAC's shares skyrocketed more than 120% year to date by mid-February but are now down over 40% from those highs.</p>\n<p>Gores Holdings VI and spatial data company Matterport announced on Feb. 8 that they plan to merge in a deal that will take Matterport public at an equity value of around $2.9 billion. But Matterport should be able to grow much larger than that relatively quickly.</p>\n<p>Matterport pioneered the spatial data market a decade ago. The company's technology can create a 3D \"digital twin\" of any physical space. Consulting firm<b>Accenture</b>recently picked digital twin technology asone of its top five tech trends of 2021.</p>\n<p>The company already has over 250,000 customers, including 13% of the Fortune 1000. However, less than 1% of the more than 4 billion buildings across the world are currently digitized. This represents a $240 billion opportunity for Matterport. The company expects to nearly double its revenue in 2022 with growth accelerating in subsequent years.</p>\n<p><b>Skillz</b></p>\n<p><b>Skillz</b>(NYSE:SKLZ)stands as the biggest loser of these three beaten-down stocks. Shares of the mobile game platform provider soared nearly 120% by early February only to give up all of those gains and then some. The stock is now down over 5% year to date.</p>\n<p>Like DermTech and Gores Holdings VI, Skillz was negatively impacted by the market rotation away from growth stocks. However, the company's decision to sell 17 million shares in a public offering also hurt.</p>\n<p>Skillz's competition-focused approach keeps users more engaged than other leading online platforms. It's also driving tremendous growth. The company's revenue nearly doubled in 2020. Skillz is especially making inroads in converting users to paying customers.</p>\n<p>The mobile gaming market totaled $86 billion last year and continues to grow rapidly. Skillz should be able to increase its market share as it expands internationally and adds new genres of games to its platform. The company's multi-year agreement with the NFL could also provide a big boost.</p>\n<p>Skillz looks like a stock that could easily double your money and perhaps deliver much greater returns than that over the next couple of years.</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 Beaten-Down Stocks That Could Double Your Money</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 Beaten-Down Stocks That Could Double Your Money\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/02/3-beaten-down-stocks-that-could-double-your-money/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Market rotation malaise has infected many investors. Last year, the growth stocks in theNasdaq-100index trounced the staid giants in theDow Jones Industrial Average. It's been a different story so far...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/02/3-beaten-down-stocks-that-could-double-your-money/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/04/02/3-beaten-down-stocks-that-could-double-your-money/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188150614","content_text":"Market rotation malaise has infected many investors. Last year, the growth stocks in theNasdaq-100index trounced the staid giants in theDow Jones Industrial Average. It's been a different story so far in 2021, though. The big money appears to be moving into so-called \"risk-off\" stocks.\nAs a result, many of the high-flyers from just a few months ago are now stuck in the doldrums. Some are even down more than 30% from their peaks set earlier this year. There's a silver lining in this dark cloud, however: Quite a few stocks with strong growth prospects are available at discounted prices. Here are three beaten-down stocks that could even double your money -- or more.\nDermTech\nDermTech(NASDAQ:DMTK)markets an exciting product: a skin genomics test that can detect melanoma more accurately and cheaper than surgical biopsy. Its shares soared over 145% year to date by the third week of February. Since then, though, thehealthcare stockhas fallen more than 35%.\nPart of the problem was the aforementioned general sell-off of growth stocks. However, DermTech also provided disappointing guidance in its fourth-quarter update. The company expects first-quarter assay revenue of between $1.6 million and $1.9 million compared to Q4 assay revenue of $1.6 million.\nDermTech still faces some COVID-19 headwinds in reaching out to physicians. The company's long-term growth prospects remain bright, though. DermTech continues to pick up commercial payer reimbursement for its first product, Pigmented Lesion Assay (PLA). It expects to launch an at-home genomics test that identifies ultraviolet ray damage and skin cancer risk next year.\nThe total addressable U.S. market that DermTech is targeting for all types of skin cancer is around $10 billion. With the company's market cap currently below $1.5 billion, DermTech should only have to capture a tiny sliver of this market to deliver huge returns for investors.\nGores Holdings VI\nSpecial purpose acquisition company (SPAC) stocks were wildly popular not long ago. That's changed quite a bit. Gores Holdings VI(NASDAQ:GHVI)serves as a great example: The SPAC's shares skyrocketed more than 120% year to date by mid-February but are now down over 40% from those highs.\nGores Holdings VI and spatial data company Matterport announced on Feb. 8 that they plan to merge in a deal that will take Matterport public at an equity value of around $2.9 billion. But Matterport should be able to grow much larger than that relatively quickly.\nMatterport pioneered the spatial data market a decade ago. The company's technology can create a 3D \"digital twin\" of any physical space. Consulting firmAccenturerecently picked digital twin technology asone of its top five tech trends of 2021.\nThe company already has over 250,000 customers, including 13% of the Fortune 1000. However, less than 1% of the more than 4 billion buildings across the world are currently digitized. This represents a $240 billion opportunity for Matterport. The company expects to nearly double its revenue in 2022 with growth accelerating in subsequent years.\nSkillz\nSkillz(NYSE:SKLZ)stands as the biggest loser of these three beaten-down stocks. Shares of the mobile game platform provider soared nearly 120% by early February only to give up all of those gains and then some. The stock is now down over 5% year to date.\nLike DermTech and Gores Holdings VI, Skillz was negatively impacted by the market rotation away from growth stocks. However, the company's decision to sell 17 million shares in a public offering also hurt.\nSkillz's competition-focused approach keeps users more engaged than other leading online platforms. It's also driving tremendous growth. The company's revenue nearly doubled in 2020. Skillz is especially making inroads in converting users to paying customers.\nThe mobile gaming market totaled $86 billion last year and continues to grow rapidly. Skillz should be able to increase its market share as it expands internationally and adds new genres of games to its platform. The company's multi-year agreement with the NFL could also provide a big boost.\nSkillz looks like a stock that could easily double your money and perhaps deliver much greater returns than that over the next couple of years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":126,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349352581,"gmtCreate":1617551112043,"gmtModify":1704700379248,"author":{"id":"3580617988689460","authorId":"3580617988689460","name":"shlee7430","avatar":"https://static.tigerbbs.com/35f19929cd5b136330fa21293936f045","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580617988689460","authorIdStr":"3580617988689460"},"themes":[],"htmlText":"This seems bullish&nbsp;","listText":"This seems bullish&nbsp;","text":"This seems bullish","images":[{"img":"https://static.tigerbbs.com/f854320880d842ac3de873f058ee4f94","width":"1440","height":"3403"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349352581","isVote":1,"tweetType":1,"viewCount":465,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":349352372,"gmtCreate":1617551025696,"gmtModify":1704700378759,"author":{"id":"3580617988689460","authorId":"3580617988689460","name":"shlee7430","avatar":"https://static.tigerbbs.com/35f19929cd5b136330fa21293936f045","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580617988689460","authorIdStr":"3580617988689460"},"themes":[],"htmlText":"Let's get ready for this. What will you do?&nbsp;","listText":"Let's get ready for this. What will you do?&nbsp;","text":"Let's get ready for this. What will you do?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349352372","repostId":"1191998262","repostType":4,"repost":{"id":"1191998262","kind":"news","pubTimestamp":1617366158,"share":"https://ttm.financial/m/news/1191998262?lang=&edition=fundamental","pubTime":"2021-04-02 20:22","market":"us","language":"en","title":"How Likely Is a Stock Market Crash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1191998262","media":"Motley Fool","summary":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-b","content":"<blockquote>\n You may not like the answer.\n</blockquote>\n<p>For the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmark<b>S&amp;P 500</b>(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.</p>\n<p>But there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.</p>\n<p>It begs the question: How likely is astock market crash? Let's take a closer look.</p>\n<p><b>Double-digit declines occur every 1.87 years, on average</b></p>\n<p>To begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&amp;P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&amp;P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.</p>\n<p>However, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.</p>\n<p>We could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.</p>\n<p><b>Corrections have been an historical given within three years of a bear market bottom</b></p>\n<p>Another interesting piece of evidence to examine is the frequency by which the S&amp;P 500 corrects after hitting a bear-market bottom.</p>\n<p>Since the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).</p>\n<p>Put another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.</p>\n<p><b>Crashes frequently occur when this valuation metric is hit</b></p>\n<p>But the most damning bit of evidence might just be the S&amp;P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.</p>\n<p>As of the close of business on March 30, the S&amp;P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.</p>\n<p>To some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.</p>\n<p>However, previous instances of the S&amp;P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.</p>\n<p><b>Keep that cash handy in the event that opportunity knocks</b></p>\n<p>To circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.</p>\n<p>While this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.</p>\n<p>The reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&amp;P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&amp;P 500 been negative.</p>\n<p>If you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&amp;P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.</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>How Likely Is a Stock 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\">\nHow Likely Is a Stock Market Crash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/\">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","SPY":"标普500ETF"},"source_url":"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191998262","content_text":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.\nBut there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.\nIt begs the question: How likely is astock market crash? Let's take a closer look.\nDouble-digit declines occur every 1.87 years, on average\nTo begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.\nHowever, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.\nWe could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.\nCorrections have been an historical given within three years of a bear market bottom\nAnother interesting piece of evidence to examine is the frequency by which the S&P 500 corrects after hitting a bear-market bottom.\nSince the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).\nPut another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.\nCrashes frequently occur when this valuation metric is hit\nBut the most damning bit of evidence might just be the S&P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.\nAs of the close of business on March 30, the S&P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.\nTo some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.\nHowever, previous instances of the S&P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.\nKeep that cash handy in the event that opportunity knocks\nTo circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.\nWhile this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.\nThe reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&P 500 been negative.\nIf you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":343084433,"gmtCreate":1617663695022,"gmtModify":1704701417135,"author":{"id":"3580617988689460","authorId":"3580617988689460","name":"shlee7430","avatar":"https://static.tigerbbs.com/35f19929cd5b136330fa21293936f045","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580617988689460","idStr":"3580617988689460"},"themes":[],"htmlText":"Please like and comment, thank you&nbsp;","listText":"Please like and comment, thank you&nbsp;","text":"Please like and comment, thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/343084433","repostId":"1167453696","repostType":4,"repost":{"id":"1167453696","kind":"news","pubTimestamp":1617635757,"share":"https://ttm.financial/m/news/1167453696?lang=&edition=fundamental","pubTime":"2021-04-05 23:15","market":"us","language":"en","title":"Bitcoin Is Going Mainstream. What Investors Need to Know.","url":"https://stock-news.laohu8.com/highlight/detail?id=1167453696","media":"Barrons","summary":"Bitcoin is either a massive bubble or the digital currency of the future.\nThe reality is likely some","content":"<p>Bitcoin is either a massive bubble or the digital currency of the future.</p>\n<p>The reality is likely somewhere in the middle. Either way, the cryptocurrency is working itself into the mainstream financial world, achieving the scale and critical mass that may make it increasingly difficult to dislodge or restrain.</p>\n<p>With its market value hovering around $1 trillion, Bitcoin (BTC) has become too large and influential to remain on the financial fringes. Wall Street is pumping out reports on cryptos. Piper Sandler issued a 30-page report on Thursday, noting that the “crypto-economy could be entering a pivotal point in its development/lifecycle.”</p>\n<p>Coinbase Global, the largest U.S. crypto exchange and custodian, says it plans to go public on April 14 in what may be the largest tech IPO since&nbsp;Facebook(ticker: FB) in 2012. Private valuations peg Coinbase at $68 billion. The firm custodies an estimated $90 billion in crypto assets on its platform. It had revenue of $1.3 billion in 2020 and profits of $322 million, according to a regulatory filing.</p>\n<p>Fintechs see Bitcoin and other cryptos as a vast new market for payments and transaction services.Visasays it plans to settle transactions in a “stablecoin,” USD Coin (USDC). About $10 billion of USDC is now circulating, according to Visa, which sees it used for everything from buying a cup of coffee to cross-border payments, trade settlements, or foreign money transfers. Stablecoins are like digital dollars, pegged in value to the buck.</p>\n<p>Other votes of confidence in Bitcoin are coming fromTesla(TSLA),PayPal Holdings(PYPL) andSquare(SQ), all of which are now offering ways to transact in Bitcoin or other cryptos.</p>\n<p>And there are expanding ways to invest, including derivatives, stocks and holding companies like the&nbsp;Grayscale Bitcoin Trust&nbsp;(GBTC). Fund sponsors are also angling to launch a U.S.-listed exchange-traded fund (catching up to Canada, where&nbsp;Bitcoin ETFs recently started trading).</p>\n<p>U.S. fund sponsors filing for approvals recently include Fidelity Investments, VanEck,WisdomTree Investments(WETF), SkyBridge Capital, Valkyrie Digital Assets, and NYDIG Asset Management, according to Piper Sandler.</p>\n<p>The Securities and Exchange Commission has so far declined to approve a Bitcoin ETF, citing concerns about volatility, price transparency, and market manipulation. However, the Biden Administration’s nominee for SEC chairman, Gary Gensler, may take a friendlier approach. Gensler previously ran the Commodity Futures Trading Commission and has studied cryptos extensively. “This is good news for the digital assets industry,” wrote Jeff Bandman, a former CFTC official in aposton CoinDesk.</p>\n<p>As Bitcoin becomes entrenched, it may only get harder for regulators to restrain. Its growing acceptance as an alternative investment or transaction currency is far outpacing regulatory controls. That, in turn, could improve the investment case for owning it, according to Piper Sandler.</p>\n<p>“Many investors view this scale as a safeguard against potentially overbearing regulations from governments in the developed world,” Piper says. Investing in Bitcoin, the firm adds, is a “quasi call option for both individuals and institutions on this new and potentially disruptive technology.”</p>\n<p>Some economists also view Bitcoin’s rising clout as a means of keeping regulators at bay.</p>\n<p>“My read on the last six to 12 months is that as influential investors come in, it puts pressure on regulators not to do anything,” says Harvard economist Kenneth Rogoff, who doesn’t expect regulators to sit on their hands forever.</p>\n<p>Bitcoin and other crytpos are regulated by various federal agencies and states, but they aren’t entirely clear or consistent. The IRS classifies cryptos as property, for instance, subjecting it to capital-gains tax. The CFTC said in 2015 that virtual currencies should be “properly defined as commodities.” Banks, for their part, are now allowed to custody cryptos, conduct banking in stablecoins, and participate in blockchain networks under guidelines from the U.S. Comptroller of the Currency.</p>\n<p>But prices for Bitcoin and other cryptos are likely to stay volatile. Only a small fraction of the Bitcoin supply actually trades on exchanges or other platforms—most of it is kept off the market by long-term “hodlers.” That makes the price volatile and act like a thinly traded stock.</p>\n<p>“How bubbly is this market? I think it’s very bubbly,” says Carmen Reinhart, chief economist of the World Bank. “It’s low liquidity and it may not take any melodrama in a thin market to reverse most or all of the price gains we’ve seen.”</p>\n<p>Nonetheless, Bitcoin’s use cases are also compelling, she notes, particularly in countries like Venezuela and Lebanon, where hyperinflation and capital controls incentivize the use of unregulated digital currencies.</p>\n<p>“If you want to get money out of Lebanon or any country where you’re concerned about its future prospects—whether it’s inflation, confiscation, or anything else—crypto is a way of transferring [money], a vehicle for capital flight,” she says.</p>\n<p>As for the price, investors should buckle up. “We have to expect huge price volatility,” Reinhart says. “But does this mean we’ll see a crash from which it doesn’t recover? I doubt that too.”</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Is Going Mainstream. What Investors Need to Know.</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\">\nBitcoin Is Going Mainstream. What Investors Need to Know.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-05 23:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/bitcoin-is-going-mainstream-what-investors-need-to-know-51617393392?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin is either a massive bubble or the digital currency of the future.\nThe reality is likely somewhere in the middle. Either way, the cryptocurrency is working itself into the mainstream financial ...</p>\n\n<a href=\"https://www.barrons.com/articles/bitcoin-is-going-mainstream-what-investors-need-to-know-51617393392?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block","GBTC":"Grayscale Bitcoin Trust","COIN":"Coinbase Global, Inc.","TSLA":"特斯拉","PYPL":"PayPal"},"source_url":"https://www.barrons.com/articles/bitcoin-is-going-mainstream-what-investors-need-to-know-51617393392?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167453696","content_text":"Bitcoin is either a massive bubble or the digital currency of the future.\nThe reality is likely somewhere in the middle. Either way, the cryptocurrency is working itself into the mainstream financial world, achieving the scale and critical mass that may make it increasingly difficult to dislodge or restrain.\nWith its market value hovering around $1 trillion, Bitcoin (BTC) has become too large and influential to remain on the financial fringes. Wall Street is pumping out reports on cryptos. Piper Sandler issued a 30-page report on Thursday, noting that the “crypto-economy could be entering a pivotal point in its development/lifecycle.”\nCoinbase Global, the largest U.S. crypto exchange and custodian, says it plans to go public on April 14 in what may be the largest tech IPO since Facebook(ticker: FB) in 2012. Private valuations peg Coinbase at $68 billion. The firm custodies an estimated $90 billion in crypto assets on its platform. It had revenue of $1.3 billion in 2020 and profits of $322 million, according to a regulatory filing.\nFintechs see Bitcoin and other cryptos as a vast new market for payments and transaction services.Visasays it plans to settle transactions in a “stablecoin,” USD Coin (USDC). About $10 billion of USDC is now circulating, according to Visa, which sees it used for everything from buying a cup of coffee to cross-border payments, trade settlements, or foreign money transfers. Stablecoins are like digital dollars, pegged in value to the buck.\nOther votes of confidence in Bitcoin are coming fromTesla(TSLA),PayPal Holdings(PYPL) andSquare(SQ), all of which are now offering ways to transact in Bitcoin or other cryptos.\nAnd there are expanding ways to invest, including derivatives, stocks and holding companies like the Grayscale Bitcoin Trust (GBTC). Fund sponsors are also angling to launch a U.S.-listed exchange-traded fund (catching up to Canada, where Bitcoin ETFs recently started trading).\nU.S. fund sponsors filing for approvals recently include Fidelity Investments, VanEck,WisdomTree Investments(WETF), SkyBridge Capital, Valkyrie Digital Assets, and NYDIG Asset Management, according to Piper Sandler.\nThe Securities and Exchange Commission has so far declined to approve a Bitcoin ETF, citing concerns about volatility, price transparency, and market manipulation. However, the Biden Administration’s nominee for SEC chairman, Gary Gensler, may take a friendlier approach. Gensler previously ran the Commodity Futures Trading Commission and has studied cryptos extensively. “This is good news for the digital assets industry,” wrote Jeff Bandman, a former CFTC official in aposton CoinDesk.\nAs Bitcoin becomes entrenched, it may only get harder for regulators to restrain. Its growing acceptance as an alternative investment or transaction currency is far outpacing regulatory controls. That, in turn, could improve the investment case for owning it, according to Piper Sandler.\n“Many investors view this scale as a safeguard against potentially overbearing regulations from governments in the developed world,” Piper says. Investing in Bitcoin, the firm adds, is a “quasi call option for both individuals and institutions on this new and potentially disruptive technology.”\nSome economists also view Bitcoin’s rising clout as a means of keeping regulators at bay.\n“My read on the last six to 12 months is that as influential investors come in, it puts pressure on regulators not to do anything,” says Harvard economist Kenneth Rogoff, who doesn’t expect regulators to sit on their hands forever.\nBitcoin and other crytpos are regulated by various federal agencies and states, but they aren’t entirely clear or consistent. The IRS classifies cryptos as property, for instance, subjecting it to capital-gains tax. The CFTC said in 2015 that virtual currencies should be “properly defined as commodities.” Banks, for their part, are now allowed to custody cryptos, conduct banking in stablecoins, and participate in blockchain networks under guidelines from the U.S. Comptroller of the Currency.\nBut prices for Bitcoin and other cryptos are likely to stay volatile. Only a small fraction of the Bitcoin supply actually trades on exchanges or other platforms—most of it is kept off the market by long-term “hodlers.” That makes the price volatile and act like a thinly traded stock.\n“How bubbly is this market? I think it’s very bubbly,” says Carmen Reinhart, chief economist of the World Bank. “It’s low liquidity and it may not take any melodrama in a thin market to reverse most or all of the price gains we’ve seen.”\nNonetheless, Bitcoin’s use cases are also compelling, she notes, particularly in countries like Venezuela and Lebanon, where hyperinflation and capital controls incentivize the use of unregulated digital currencies.\n“If you want to get money out of Lebanon or any country where you’re concerned about its future prospects—whether it’s inflation, confiscation, or anything else—crypto is a way of transferring [money], a vehicle for capital flight,” she says.\nAs for the price, investors should buckle up. “We have to expect huge price volatility,” Reinhart says. “But does this mean we’ll see a crash from which it doesn’t recover? I doubt that too.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574026189533561","authorId":"3574026189533561","name":"K74","avatar":"https://community-static.tradeup.com/news/0915c1dbb625a1fab842a01a98e9f31a","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3574026189533561","idStr":"3574026189533561"},"content":"Okay, Reply my post too thanks","text":"Okay, Reply my post too thanks","html":"Okay, Reply my post too thanks"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106556430,"gmtCreate":1620135970420,"gmtModify":1704339131368,"author":{"id":"3580617988689460","authorId":"3580617988689460","name":"shlee7430","avatar":"https://static.tigerbbs.com/35f19929cd5b136330fa21293936f045","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580617988689460","idStr":"3580617988689460"},"themes":[],"htmlText":"Hope this will not past too long","listText":"Hope this will not past too long","text":"Hope this will not past too long","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/106556430","repostId":"1138710102","repostType":4,"isVote":1,"tweetType":1,"viewCount":298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349414150,"gmtCreate":1617631682471,"gmtModify":1704701135393,"author":{"id":"3580617988689460","authorId":"3580617988689460","name":"shlee7430","avatar":"https://static.tigerbbs.com/35f19929cd5b136330fa21293936f045","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580617988689460","idStr":"3580617988689460"},"themes":[],"htmlText":"Well said","listText":"Well said","text":"Well said","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349414150","repostId":"2125763974","repostType":4,"isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106551540,"gmtCreate":1620135902480,"gmtModify":1704339128624,"author":{"id":"3580617988689460","authorId":"3580617988689460","name":"shlee7430","avatar":"https://static.tigerbbs.com/35f19929cd5b136330fa21293936f045","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580617988689460","idStr":"3580617988689460"},"themes":[],"htmlText":"Good luck","listText":"Good luck","text":"Good luck","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/106551540","repostId":"1141446343","repostType":4,"repost":{"id":"1141446343","kind":"news","pubTimestamp":1620108260,"share":"https://ttm.financial/m/news/1141446343?lang=&edition=fundamental","pubTime":"2021-05-04 14:04","market":"us","language":"en","title":"Bill and Melinda Gates are getting divorced. Here are some stocks they owned","url":"https://stock-news.laohu8.com/highlight/detail?id=1141446343","media":"seeking alpha","summary":"Though the pairin a statement assuredthe public that they will continue to work together at their foundation despiteending their marriage, the news about the Microsoftfounder and his partner of 27 years may send shockwaves across their projects.In the latest13F filingfrom the Bill and Melinda Gates Foundation Trust for the period ended 12/31/20, top holdings by value in descending order included Berkshire Hathaway, Waste Management, Caterpillar, Canadian National, Walmart, EcoLab, Crown Castle, ","content":"<ul><li>Though the pairin a statement assuredthe public that they will continue to work together at their foundation despiteending their marriage, the news about the Microsoft(NASDAQ:MSFT)founder and his partner of 27 years may send shockwaves across their projects.</li><li>In the latest13F filingfrom the Bill and Melinda Gates Foundation Trust for the period ended 12/31/20, top holdings by value in descending order included Berkshire Hathaway(NYSE:BRK.B), Waste Management(NYSE:WM), Caterpillar(NYSE:CAT), Canadian National(NYSE:CNI), Walmart(NYSE:WMT), EcoLab(NYSE:ECL), Crown Castle(NYSE:CCI), Fedex(NYSE:FDX)and UPS(NYSE:UPS).</li><li><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> stocks in which the foundation has a large stake (more than 10% of shares outstanding) included Schrodinger(NASDAQ:SDGR)and Coca-Cola Femsa(NYSE:KOF).</li><li>Most of the other holdings were below $1 billion in market value and their ownership consisted of less than 3% of shares outstanding in the associated stock.</li><li>The Bill and Melinda Gates Foundation, in their latestquarterly filing, disclosed ownership stakes in Amyris(NASDAQ:AMRS), Vir Biotech(NASDAQ:VIR), BionTech(NASDAQ:BNTX), Curevac(NASDAQ:CVAC)and <a href=\"https://laohu8.com/S/BCEL\">Atreca</a>(NASDAQ:BCEL).</li><li>Our readers may recall when the world's richest person, Jeff Bezos, and his partner Mackenzie Scottcalled it quits two years ago.&nbsp;This is how their wealth ended upsplit between them.</li></ul>","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>Bill and Melinda Gates are getting divorced. Here are some stocks they owned</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\">\nBill and Melinda Gates are getting divorced. Here are some stocks they owned\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-04 14:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3689813-bill-and-melinda-gates-are-getting-divorced-here-are-some-stocks-they-owned><strong>seeking alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Though the pairin a statement assuredthe public that they will continue to work together at their foundation despiteending their marriage, the news about the Microsoft(NASDAQ:MSFT)founder and his ...</p>\n\n<a href=\"https://seekingalpha.com/news/3689813-bill-and-melinda-gates-are-getting-divorced-here-are-some-stocks-they-owned\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","WM":"美国废物管理","CAT":"卡特彼勒","UPS":"联合包裹","CCI":"冠城","VIR":"Vir Biotechnology, Inc.","AMRS":"阿米瑞斯","BNTX":"BioNTech SE","CNI":"加拿大国家铁路","SDGR":"Schrodinger Inc.","KOF":"可口可乐凡萨瓶装","CVAC":"CureVac B.V.","FDX":"联邦快递","BRK.B":"伯克希尔B","WCLD":"WisdomTree Cloud Computing Fund","WMT":"沃尔玛"},"source_url":"https://seekingalpha.com/news/3689813-bill-and-melinda-gates-are-getting-divorced-here-are-some-stocks-they-owned","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141446343","content_text":"Though the pairin a statement assuredthe public that they will continue to work together at their foundation despiteending their marriage, the news about the Microsoft(NASDAQ:MSFT)founder and his partner of 27 years may send shockwaves across their projects.In the latest13F filingfrom the Bill and Melinda Gates Foundation Trust for the period ended 12/31/20, top holdings by value in descending order included Berkshire Hathaway(NYSE:BRK.B), Waste Management(NYSE:WM), Caterpillar(NYSE:CAT), Canadian National(NYSE:CNI), Walmart(NYSE:WMT), EcoLab(NYSE:ECL), Crown Castle(NYSE:CCI), Fedex(NYSE:FDX)and UPS(NYSE:UPS).Two stocks in which the foundation has a large stake (more than 10% of shares outstanding) included Schrodinger(NASDAQ:SDGR)and Coca-Cola Femsa(NYSE:KOF).Most of the other holdings were below $1 billion in market value and their ownership consisted of less than 3% of shares outstanding in the associated stock.The Bill and Melinda Gates Foundation, in their latestquarterly filing, disclosed ownership stakes in Amyris(NASDAQ:AMRS), Vir Biotech(NASDAQ:VIR), BionTech(NASDAQ:BNTX), Curevac(NASDAQ:CVAC)and Atreca(NASDAQ:BCEL).Our readers may recall when the world's richest person, Jeff Bezos, and his partner Mackenzie Scottcalled it quits two years ago. This is how their wealth ended upsplit between them.","news_type":1},"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349411965,"gmtCreate":1617631426757,"gmtModify":1704701127443,"author":{"id":"3580617988689460","authorId":"3580617988689460","name":"shlee7430","avatar":"https://static.tigerbbs.com/35f19929cd5b136330fa21293936f045","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580617988689460","idStr":"3580617988689460"},"themes":[],"htmlText":"Very good","listText":"Very good","text":"Very good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349411965","repostId":"1178747724","repostType":4,"isVote":1,"tweetType":1,"viewCount":227,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349355896,"gmtCreate":1617551328915,"gmtModify":1704700380395,"author":{"id":"3580617988689460","authorId":"3580617988689460","name":"shlee7430","avatar":"https://static.tigerbbs.com/35f19929cd5b136330fa21293936f045","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580617988689460","idStr":"3580617988689460"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349355896","repostId":"1188150614","repostType":4,"isVote":1,"tweetType":1,"viewCount":126,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349352581,"gmtCreate":1617551112043,"gmtModify":1704700379248,"author":{"id":"3580617988689460","authorId":"3580617988689460","name":"shlee7430","avatar":"https://static.tigerbbs.com/35f19929cd5b136330fa21293936f045","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580617988689460","idStr":"3580617988689460"},"themes":[],"htmlText":"This seems bullish&nbsp;","listText":"This seems bullish&nbsp;","text":"This seems bullish","images":[{"img":"https://static.tigerbbs.com/f854320880d842ac3de873f058ee4f94","width":"1440","height":"3403"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349352581","isVote":1,"tweetType":1,"viewCount":465,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":349352372,"gmtCreate":1617551025696,"gmtModify":1704700378759,"author":{"id":"3580617988689460","authorId":"3580617988689460","name":"shlee7430","avatar":"https://static.tigerbbs.com/35f19929cd5b136330fa21293936f045","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580617988689460","idStr":"3580617988689460"},"themes":[],"htmlText":"Let's get ready for this. What will you do?&nbsp;","listText":"Let's get ready for this. What will you do?&nbsp;","text":"Let's get ready for this. What will you do?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349352372","repostId":"1191998262","repostType":4,"repost":{"id":"1191998262","kind":"news","pubTimestamp":1617366158,"share":"https://ttm.financial/m/news/1191998262?lang=&edition=fundamental","pubTime":"2021-04-02 20:22","market":"us","language":"en","title":"How Likely Is a Stock Market Crash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1191998262","media":"Motley Fool","summary":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-b","content":"<blockquote>\n You may not like the answer.\n</blockquote>\n<p>For the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmark<b>S&amp;P 500</b>(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.</p>\n<p>But there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.</p>\n<p>It begs the question: How likely is astock market crash? Let's take a closer look.</p>\n<p><b>Double-digit declines occur every 1.87 years, on average</b></p>\n<p>To begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&amp;P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&amp;P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.</p>\n<p>However, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.</p>\n<p>We could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.</p>\n<p><b>Corrections have been an historical given within three years of a bear market bottom</b></p>\n<p>Another interesting piece of evidence to examine is the frequency by which the S&amp;P 500 corrects after hitting a bear-market bottom.</p>\n<p>Since the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).</p>\n<p>Put another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.</p>\n<p><b>Crashes frequently occur when this valuation metric is hit</b></p>\n<p>But the most damning bit of evidence might just be the S&amp;P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.</p>\n<p>As of the close of business on March 30, the S&amp;P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.</p>\n<p>To some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.</p>\n<p>However, previous instances of the S&amp;P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.</p>\n<p><b>Keep that cash handy in the event that opportunity knocks</b></p>\n<p>To circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.</p>\n<p>While this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.</p>\n<p>The reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&amp;P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&amp;P 500 been negative.</p>\n<p>If you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&amp;P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.</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>How Likely Is a Stock 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\">\nHow Likely Is a Stock Market Crash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/\">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","SPY":"标普500ETF"},"source_url":"https://www.fool.com/investing/2021/04/02/how-likely-is-a-stock-market-crash/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191998262","content_text":"You may not like the answer.\n\nFor the past year, investors have enjoyed one of the greatest bounce-back rallies of all time. After the benchmarkS&P 500(SNPINDEX:^GSPC)lost a third of its value in mere weeks due to unprecedented uncertainties surrounding the coronavirus pandemic, it bounced back to gain in the neighborhood of 75% off its lows. You could rightly say that patience has paid off.\nBut there's another reality that investors -- especially long-term investors -- are keenly aware of: the propensity of the stock market to crash or correct. Things might look great now, but the next big nosedive is always waiting in the wings.\nIt begs the question: How likely is astock market crash? Let's take a closer look.\nDouble-digit declines occur every 1.87 years, on average\nTo begin with the basics, stock market corrections (i.e., declines of at least 10%) are quite common in the S&P 500. According to data from market analytics firm Yardeni Research, there have been 38 corrections in the S&P 500 since the beginning of 1950. This works out to an average double-digit decline in the benchmark indexevery 1.87 years. Since it's now been more than a year since the market hit its bear-market bottom, the averages are certainly not in investors' favor.\nHowever, averages are nothing more than that... averages. The market doesn't adhere to averages, even if some folks base their investments off of what's happened historically.\nWe could enter a period similar to 1991 through 1996 where there were zero corrections. Or we could continue the theme since the beginning of 2010, where corrections occur, on average, every 19 months.\nCorrections have been an historical given within three years of a bear market bottom\nAnother interesting piece of evidence to examine is the frequency by which the S&P 500 corrects after hitting a bear-market bottom.\nSince the beginning of 1960 (an arbitrary year I chose for the sake of simplicity), the widely followed index has navigated its way through nine bear markets, including the coronavirus crash. In rebounding from each of the previous eight bear market lows, there was at least one double-digit percentage decline within three years100% of the time. In aggregate, 13 corrections have occurred within three years following the last eight bear market bottoms (i.e., either one or two following each bottom).\nPut another way, rebounding from a bear-market bottom is rarely a straight-line move higher. Yet up, up, and away has pretty much been the theme for investors since March 23, 2020. History would suggest that there's a very good chance of a move lower in equities within the next two years.\nCrashes frequently occur when this valuation metric is hit\nBut the most damning bit of evidence might just be the S&P 500's Shiller price-to-earnings (P/E) ratio. This is a valuation metric that examines the average inflation-adjusted earnings from the previous 10 years. You might also know it as the cyclically adjusted P/E ratio, or CAPE.\nAs of the close of business on March 30, the S&P 500's Shiller P/E ratio hit 35.61. That's well over double its 150-year average of 16.8. Using continuous bull market moves as a parameter, it's the second-highest reading in its history.\nTo some extent, itmakes sensethat equity valuations should be higher now than they've been historically. That's because interest rates are near an all-time low and access to the internet has effectively broken down barriers between Wall Street and Main Street that may have, in the past, kept P/E multiples at bay.\nHowever, previous instances of the S&P 500's Shiller P/E ratio crossing above and sustaining the 30 levelhaven't ended well. In the prior four instances where the Shiller P/E surpassed and held above 30, the benchmark index tumbled anywhere from 20% to as much as 89%. Although an 89% plunge, which was experienced during the Great Depression, is very unlikely these days, a big drop has historically been in the cards when valuations get extended, as they are now.\nKeep that cash handy in the event that opportunity knocks\nTo circle back to the original question at hand, the data is pretty clear that the likelihood of a stock market crash or correction has grown considerably. It's impossible to precisely predict when a crash might occur, how long the decline will last, or how steep the drop could be. But the data strongly suggests that downside is in the offing.\nWhile this might be a disappointing revelation to some investors, it shouldn't be. Crashes and corrections are a normal part of the investing cycle. More importantly, theyprovide an opportunityfor investors to buy into great companies at a discount. Just think about all the great companies you're probably kicking yourself over for not buying last March.\nThe reason to be excited about crashes and corrections is also found in the data. You see, of those 38 previous corrections in the S&P 500 since the beginning of 1950, each and every one has eventually been put into the rearview mirror by a bull market rally. Plus,at no point over the past centuryhave rolling 20-year total returns (including dividends) for the S&P 500 been negative.\nIf you need further encouragement to buy during a correction, keep in mind that 24 of the 38 double-digit declines in the S&P 500 havefound their bottom in 104 or fewer calendar days(3.5 months or less). Crashes and corrections may be steep at times but tend to resolve quickly. That's your cue to have cash at the ready in the event that opportunity knocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}