AceSpade personal page - To The Moon

AceSpade

AceSpade

Hello

6Follow

2Followers

0Topic

0Badge

2021-07-04

Boom

Suze Orman worries about a market crash — here's what you should do

2021-06-15

Lord Elon

Musk says Tesla will accept bitcoin again as crypto miners use more clean energy

2021-04-28

Elon needs to speak more

Tesla needs a perfect year. That won't be easy

2021-04-28

[Miser] [Miser]

Cathie Wood Sells Another $35.7M Worth Of Square Stock And Loads Up $25.8M In Coinbase

2021-04-16

[Happy]

Options Prices Imply A Bearish Outlook For Tesla

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":"3581542195569650","uuid":"3581542195569650","gmtCreate":1618448193043,"gmtModify":1618452530191,"name":"AceSpade","pinyin":"acespade","introduction":"","introductionEn":null,"signature":"Hello","avatar":"https://static.tigerbbs.com/86edb0743e27f65900efef979334cd7b","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":2,"headSize":6,"tweetSize":5,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.03.30","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":2,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":155962141,"gmtCreate":1625369995583,"gmtModify":1703740901710,"author":{"id":"3581542195569650","authorId":"3581542195569650","name":"AceSpade","avatar":"https://static.tigerbbs.com/86edb0743e27f65900efef979334cd7b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581542195569650","authorIdStr":"3581542195569650"},"themes":[],"htmlText":"Boom","listText":"Boom","text":"Boom","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/155962141","repostId":"1188153141","repostType":4,"repost":{"id":"1188153141","kind":"news","pubTimestamp":1625276221,"share":"https://ttm.financial/m/news/1188153141?lang=&edition=fundamental","pubTime":"2021-07-03 09:37","market":"us","language":"en","title":"Suze Orman worries about a market crash — here's what you should do","url":"https://stock-news.laohu8.com/highlight/detail?id=1188153141","media":"MoneyWise","summary":"As stock markets continue setting records, fallout from COVID-19 continues to create problems for th","content":"<p>As stock markets continue setting records, fallout from COVID-19 continues to create problems for the economy.</p>\n<p>That clash has worried investing experts, including Suze Orman, who's gone so far as to say she’s now preparing for an inevitable market crash.</p>\n<p>And a famous measurement popularized by Warren Buffett — known as the Buffett Indicator — shows Orman might be onto something.</p>\n<p>Here’s an explanation of where the concern is coming from and some techniques you can use tokeep your investment portfolio growingeven if the market goes south.</p>\n<p><b>What does Suze Orman think?</b></p>\n<p><img src=\"https://static.tigerbbs.com/be8dc3ad363faad96bc575a22235562d\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">Mediapunch/Shutterstock</p>\n<p>Suze Orman has avidly watched the market for decades. She knows ups and downs are to be expected, but what she’s seeing happen with investment fads like GameStop has her concerned.</p>\n<p>“I don’t like what I see happening in the market right now,” Orman said in a video for CNBC. “The economy has been horrible, but the stock market has been going.”</p>\n<p>While investing is as easy now asusing a smartphone app, Orman is concerned about where we can go from these record highs.</p>\n<p>And even with stimulus checks, which are still going out, and the real estate market breaking its own records last year, Orman worries about what will come with the coronavirus — especially as new variants continue to pop up.</p>\n<p>What's more, she feels it’s just been too long since the last crash to stay this high much longer.</p>\n<p>“This reminds me of 2000 all over again,” Orman says.</p>\n<p><b>The Buffett Indicator</b></p>\n<p><img src=\"https://static.tigerbbs.com/44ada32ecadcc4581fed208f4f4e4d53\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">Larry W Smith/EPA/Shutterstock</p>\n<p>One metric Warren Buffett uses to assess the market so regularly that it’s been named after him has been flashing red for long enough that market watchers are starting to wonder if it’s an outdated tool.</p>\n<p>But the Buffett Indicator, a measurement of the ratio of the stock market’s total value against U.S. economic output, continues to climb to previously unseen levels.</p>\n<p>And those in the know are wondering if it's a sign that we’re about to see a hard fall.</p>\n<p>How to prepare for a crash<img src=\"https://static.tigerbbs.com/1ad912a6b4611d9e39b46d2851c78c9e\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">Freedomz / Shutterstock</p>\n<p>Orman has three recommendations for setting up a simple investment strategy to help you successfully navigate any sharp turns in the market.</p>\n<p><b>1. Buy low</b></p>\n<p>Part of what upsets Orman so much about the furor over meme stocks like GameStop is it goes completely against the average investor’s interests.</p>\n<p>“All of you have your heads screwed on backwards,” she says. “All you want is for these markets to go up and up and up. What good is that going to do you?”</p>\n<p>She points out the only extra money most people have goes towardinvesting for retirementin their 401(k) or IRA plans.</p>\n<p>Because you probably don’t plan to touch that money for decades, the best long-term strategy is to buy low. That way, your dollar will go much further now, leaving plenty of room for growth over the next 20, 30 or 40 years.</p>\n<p><b>2. Invest on a schedule</b></p>\n<p><img src=\"https://static.tigerbbs.com/e4102f8a6d5002090743b1cbded32ef9\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">katjen / Shutterstock</p>\n<p>While she prefers to buy low, Orman doesn’t recommend you stop investing completely when the market goes up.</p>\n<p>She wants casual investors to not get caught up in the daily ups and downs of the market.</p>\n<p>In fact, cheering for downturns now may be your best bet at getting a larger piece of very profitable investments — like some lucky investors were able to do back in 2007 and 2008.</p>\n<p>“When the market went down, down, down you could buy things at nothing,” says Orman. “And now look at them 15 years later.”</p>\n<p>She suggests you set up a dollar-cost averaging strategy, which means you invest your money in equal portions at regular intervals, regardless of the market’s fluctuations.</p>\n<p>This kind of approach is easy to implement with any of the many investing apps currently available to DIY investors.</p>\n<p>There are even apps that willautomatically invest your spare changeby rounding up your debit and credit card purchases to the nearest dollar.</p>\n<p><b>3. Diversify with fractional shares</b></p>\n<p>To help weather dips in specific corners of the market, Orman suggests you diversify your investments — balance your portfolio with investments in many different types of assets and sectors of the economy.</p>\n<p>Orman particularly recommends fractional-share investing. This approach allows you to buy a slice of a share for a big-name company that you otherwise wouldn’t be able to afford.</p>\n<p>With the help of apopular stock-trading tool, anyone at any budget can afford the fractional share strategy.</p>\n<p>“The sooner you begin, the more money you will have,” says Orman. “Just don’t stop, and when these markets go down, you should be so happy because your dollars find more shares.”</p>\n<p>“And the more shares you have, the more money you’ll have 20, 40, 50 years from now.”</p>\n<p><b>What else you can do</b></p>\n<p><img src=\"https://static.tigerbbs.com/5e79c6fd1f8fa6e3a7c3a6c94f1e14b5\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">goodluz / Shutterstock</p>\n<p>Whether or not a big crash is around the corner, investors who are still decades out from retirement can make that work for them, Orman said in theCNBC video.</p>\n<p>First, prepare for the worst and hope for the best. Since the onset of the pandemic, Orman now recommends everyone have an emergency fund that can cover their expenses for a full year.</p>\n<p>Then, to set yourself up fora comfortable retirement, she suggests you opt for a Roth account, whether that’s a 401(k) or IRA.</p>\n<p>That will help you avoid paying tax when you take money out of your retirement account because your contributions to a Roth account are made after tax. Traditional IRAs, on the other hand, aren’t taxed when you make contributions, so you’ll end up paying later.</p>\n<p>If you find you need a little more guidance, working with aprofessional financial adviser, can help point you in the right direction so you can confidently ride out any market volatility.</p>\n<p>While everyone else is veering off course or overcorrecting, you’ll be firmly in the driver’s seat with your sunset years planned for.</p>","source":"lsy1621813427262","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>Suze Orman worries about a market crash — here's what you should do</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\">\nSuze Orman worries about a market crash — here's what you should do\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-03 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/suze-orman-worries-market-crash-220000108.html><strong>MoneyWise</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As stock markets continue setting records, fallout from COVID-19 continues to create problems for the economy.\nThat clash has worried investing experts, including Suze Orman, who's gone so far as to ...</p>\n\n<a href=\"https://finance.yahoo.com/news/suze-orman-worries-market-crash-220000108.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/suze-orman-worries-market-crash-220000108.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188153141","content_text":"As stock markets continue setting records, fallout from COVID-19 continues to create problems for the economy.\nThat clash has worried investing experts, including Suze Orman, who's gone so far as to say she’s now preparing for an inevitable market crash.\nAnd a famous measurement popularized by Warren Buffett — known as the Buffett Indicator — shows Orman might be onto something.\nHere’s an explanation of where the concern is coming from and some techniques you can use tokeep your investment portfolio growingeven if the market goes south.\nWhat does Suze Orman think?\nMediapunch/Shutterstock\nSuze Orman has avidly watched the market for decades. She knows ups and downs are to be expected, but what she’s seeing happen with investment fads like GameStop has her concerned.\n“I don’t like what I see happening in the market right now,” Orman said in a video for CNBC. “The economy has been horrible, but the stock market has been going.”\nWhile investing is as easy now asusing a smartphone app, Orman is concerned about where we can go from these record highs.\nAnd even with stimulus checks, which are still going out, and the real estate market breaking its own records last year, Orman worries about what will come with the coronavirus — especially as new variants continue to pop up.\nWhat's more, she feels it’s just been too long since the last crash to stay this high much longer.\n“This reminds me of 2000 all over again,” Orman says.\nThe Buffett Indicator\nLarry W Smith/EPA/Shutterstock\nOne metric Warren Buffett uses to assess the market so regularly that it’s been named after him has been flashing red for long enough that market watchers are starting to wonder if it’s an outdated tool.\nBut the Buffett Indicator, a measurement of the ratio of the stock market’s total value against U.S. economic output, continues to climb to previously unseen levels.\nAnd those in the know are wondering if it's a sign that we’re about to see a hard fall.\nHow to prepare for a crashFreedomz / Shutterstock\nOrman has three recommendations for setting up a simple investment strategy to help you successfully navigate any sharp turns in the market.\n1. Buy low\nPart of what upsets Orman so much about the furor over meme stocks like GameStop is it goes completely against the average investor’s interests.\n“All of you have your heads screwed on backwards,” she says. “All you want is for these markets to go up and up and up. What good is that going to do you?”\nShe points out the only extra money most people have goes towardinvesting for retirementin their 401(k) or IRA plans.\nBecause you probably don’t plan to touch that money for decades, the best long-term strategy is to buy low. That way, your dollar will go much further now, leaving plenty of room for growth over the next 20, 30 or 40 years.\n2. Invest on a schedule\nkatjen / Shutterstock\nWhile she prefers to buy low, Orman doesn’t recommend you stop investing completely when the market goes up.\nShe wants casual investors to not get caught up in the daily ups and downs of the market.\nIn fact, cheering for downturns now may be your best bet at getting a larger piece of very profitable investments — like some lucky investors were able to do back in 2007 and 2008.\n“When the market went down, down, down you could buy things at nothing,” says Orman. “And now look at them 15 years later.”\nShe suggests you set up a dollar-cost averaging strategy, which means you invest your money in equal portions at regular intervals, regardless of the market’s fluctuations.\nThis kind of approach is easy to implement with any of the many investing apps currently available to DIY investors.\nThere are even apps that willautomatically invest your spare changeby rounding up your debit and credit card purchases to the nearest dollar.\n3. Diversify with fractional shares\nTo help weather dips in specific corners of the market, Orman suggests you diversify your investments — balance your portfolio with investments in many different types of assets and sectors of the economy.\nOrman particularly recommends fractional-share investing. This approach allows you to buy a slice of a share for a big-name company that you otherwise wouldn’t be able to afford.\nWith the help of apopular stock-trading tool, anyone at any budget can afford the fractional share strategy.\n“The sooner you begin, the more money you will have,” says Orman. “Just don’t stop, and when these markets go down, you should be so happy because your dollars find more shares.”\n“And the more shares you have, the more money you’ll have 20, 40, 50 years from now.”\nWhat else you can do\ngoodluz / Shutterstock\nWhether or not a big crash is around the corner, investors who are still decades out from retirement can make that work for them, Orman said in theCNBC video.\nFirst, prepare for the worst and hope for the best. Since the onset of the pandemic, Orman now recommends everyone have an emergency fund that can cover their expenses for a full year.\nThen, to set yourself up fora comfortable retirement, she suggests you opt for a Roth account, whether that’s a 401(k) or IRA.\nThat will help you avoid paying tax when you take money out of your retirement account because your contributions to a Roth account are made after tax. Traditional IRAs, on the other hand, aren’t taxed when you make contributions, so you’ll end up paying later.\nIf you find you need a little more guidance, working with aprofessional financial adviser, can help point you in the right direction so you can confidently ride out any market volatility.\nWhile everyone else is veering off course or overcorrecting, you’ll be firmly in the driver’s seat with your sunset years planned for.","news_type":1},"isVote":1,"tweetType":1,"viewCount":249,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187904087,"gmtCreate":1623733155549,"gmtModify":1704209901223,"author":{"id":"3581542195569650","authorId":"3581542195569650","name":"AceSpade","avatar":"https://static.tigerbbs.com/86edb0743e27f65900efef979334cd7b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581542195569650","authorIdStr":"3581542195569650"},"themes":[],"htmlText":"Lord Elon","listText":"Lord Elon","text":"Lord Elon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187904087","repostId":"1132051258","repostType":4,"repost":{"id":"1132051258","kind":"news","pubTimestamp":1623625464,"share":"https://ttm.financial/m/news/1132051258?lang=&edition=fundamental","pubTime":"2021-06-14 07:04","market":"us","language":"en","title":"Musk says Tesla will accept bitcoin again as crypto miners use more clean energy","url":"https://stock-news.laohu8.com/highlight/detail?id=1132051258","media":"CNBC","summary":"Tesla CEO Elon Musk on Sunday said the company will resume bitcoin transactions once it confirms there is reasonable clean energy usage by miners.“When there’s confirmation of reasonable  clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions,” Musk wrote in a tweet.The electric-car maker halted car purchases with bitcoin in mid-May due to concerns over how mining contributes to climate change.Musk was reacting to comments from Magda Wierzycka, C","content":"<div>\n<p>KEY POINTS\n\nTesla CEO Elon Musk on Sunday said the company will resume bitcoin transactions once it confirms there is reasonable clean energy usage by miners.\n“When there’s confirmation of reasonable ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/13/musk-tesla-will-accept-bitcoin-when-miners-use-clean-energy.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Musk says Tesla will accept bitcoin again as crypto miners use more clean energy</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\">\nMusk says Tesla will accept bitcoin again as crypto miners use more clean energy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 07:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/13/musk-tesla-will-accept-bitcoin-when-miners-use-clean-energy.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nTesla CEO Elon Musk on Sunday said the company will resume bitcoin transactions once it confirms there is reasonable clean energy usage by miners.\n“When there’s confirmation of reasonable ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/13/musk-tesla-will-accept-bitcoin-when-miners-use-clean-energy.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","TSLA":"特斯拉"},"source_url":"https://www.cnbc.com/2021/06/13/musk-tesla-will-accept-bitcoin-when-miners-use-clean-energy.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1132051258","content_text":"KEY POINTS\n\nTesla CEO Elon Musk on Sunday said the company will resume bitcoin transactions once it confirms there is reasonable clean energy usage by miners.\n“When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions,” Musk wrote in a tweet.\nThe electric-car maker halted car purchases with bitcoin in mid-May due to concerns over how mining contributes to climate change.\n\nTesla CEO Elon Musk on Sunday said the company will resume bitcoin transactions once it confirms there is reasonable clean energy usage by miners.\n“When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing bitcoin transactions.”\nMusk was reacting to comments from Magda Wierzycka, CEO of South African asset manager Sygnia, who said that Musk’s tweets on bitcoin prices were “market manipulation” and should have triggered an investigation by the U.S. Securities and Exchange Commission.\nTesla revealed in an SEC filing in February that it purchased $1.5 billion worth of bitcoin and said it would begin accepting bitcoin as a payment method for its products.\nHowever, the electric-car maker halted car purchases with bitcoin in mid-May due to concerns over how cryptocurrency mining, which requires banks of powerful computers, contributes to climate change.\n“We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel,” Musk said in May.\nOn Sunday, Musk disputed Wierzycka’s allegations of market manipulation, explaining, “Tesla sold roughly 10% of its bitcoin holdings “to confirm BTC could be liquidated easily without moving market,” he said. During the first quarter,Tesla sold $272 million worth of “digital assets,”which helped it reduce operating losses by $101 million, the company revealed in its earnings statement.\nMusk’s comments on social media about cryptocurrency often send prices soaring or plummeting, but appeared to have little effect Sunday. Bitcoin was trading around $37,442, according to Coindesk, at around 2:30 pm ET, up more than 4% on the day.","news_type":1},"isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100382259,"gmtCreate":1619581157071,"gmtModify":1704726304567,"author":{"id":"3581542195569650","authorId":"3581542195569650","name":"AceSpade","avatar":"https://static.tigerbbs.com/86edb0743e27f65900efef979334cd7b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581542195569650","authorIdStr":"3581542195569650"},"themes":[],"htmlText":"Elon needs to speak more","listText":"Elon needs to speak more","text":"Elon needs to speak more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/100382259","repostId":"1137313536","repostType":4,"repost":{"id":"1137313536","kind":"news","pubTimestamp":1619580265,"share":"https://ttm.financial/m/news/1137313536?lang=&edition=fundamental","pubTime":"2021-04-28 11:24","market":"us","language":"en","title":"Tesla needs a perfect year. That won't be easy","url":"https://stock-news.laohu8.com/highlight/detail?id=1137313536","media":"CNN Business","summary":"London (CNN Business) - Tesla (TSLA) just posted record quarterly profits, with one measure of earni","content":"<p><b>London (CNN Business)&nbsp;-</b>&nbsp;Tesla&nbsp;(TSLA)&nbsp;just&nbsp;posted record quarterly profits, with one measure of earnings passing the $1 billion mark for the first time.</p>\n<p>But in order to justify its sky-high stock price, the automaker will need to overcome a growing list of challenges.</p>\n<p>What's happening: A global chip shortage is snarling production, while the business environment in China, a crucial market, remains fraught. Competitors are gaining ground and Tesla faces a safety investigation tied to a&nbsp;fatal crash in Texas.</p>\n<p>Shares were down 4.5% on&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/7226157dfa6faad2069bf81fb4aaaff7\" tg-width=\"840\" tg-height=\"470\"></p>\n<p>Some Wall Street analysts still see a solid case for Tesla's stock, which is trading at more than 1,100 times its earnings, according to data from Refinitiv.</p>\n<p>\"While the company is still far from the sort of scale to justify its stock price ... production has exploded, and the company expects further expansion with the 2021 completion of its Berlin and Texas factories,\" Bespoke Investment Group told clients.</p>\n<p>But a closer look at the company's financial results show that a big reason the company had a strong start to the year is because of its sale of regulatory credits, which brought in $518 million in revenue, and bitcoin holdings.</p>\n<p>Tesla invested $1.5 billion in bitcoin last quarter while the cryptocurrency was soaring. Zachary Kirkhorn, the automaker's&nbsp;\"master of coin&nbsp;\"(okay, chief financial officer), said the company later sold 10% of its position, resulting in a $101 million profit. That's nearly a quarter of the $438 million Tesla earned when results are adjusted for stricter accounting standards.</p>\n<p>And while there's no denying that the company's car sales could continue to boom this year, there are, as ever, a long list of risks.</p>\n<p>CEO Elon Musk, whose official title is&nbsp;now \"Technoking,\"&nbsp;told investors Monday that the chip shortage was \"a huge problem\" for Tesla, and that it was battling \"some of the most difficult supply chain challenges that we've ever experienced.\"</p>\n<p>Musk said the company should be able to stick to its target for better than 50% growth in sales this year, which would take sales over the 750,000 mark.</p>\n<p>To reach that target, the company needs to continue to see strong demand in China, the world's biggest market. But it faces potential issues there from both consumers and Beijing.</p>\n<p>Last week, Tesla's booth at the Shanghai Auto Show was&nbsp;briefly besieged&nbsp;by protesters complaining about problems with its cars. The episode comes after Tesla was summoned by regulators in February to discuss the quality of its Shanghai-made vehicles. The following month, reports surfaced that the country's military had banned its vehicles from entering its complexes over concerns that cameras onboard could be used for spying.</p>\n<p>Chinese authorities aren't the only ones putting Tesla under the microscope. The company is also working with US safety investigators after two passengers were killed in a crash of a Tesla Model S outside Houston.</p>\n<p>These challenges come as Tesla faces increasingly fierce competition from upstart rivals like Rivian, as well as traditional automakers like Volkswagen and General Motors that are ramping up their electric vehicle offerings.</p>\n<p>Tesla could still rise above the fray — and Bespoke Investment Group notes that the company's stock is often divorced from its financial performance anyways. But the path ahead for Tesla and its Technoking looks tricky.</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>Tesla needs a perfect year. That won't be easy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla needs a perfect year. That won't be easy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 11:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/04/27/investing/premarket-stocks-trading/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>London (CNN Business) - Tesla (TSLA) just posted record quarterly profits, with one measure of earnings passing the $1 billion mark for the first time.\nBut in order to justify its sky-high stock price...</p>\n\n<a href=\"https://edition.cnn.com/2021/04/27/investing/premarket-stocks-trading/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://edition.cnn.com/2021/04/27/investing/premarket-stocks-trading/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137313536","content_text":"London (CNN Business) - Tesla (TSLA) just posted record quarterly profits, with one measure of earnings passing the $1 billion mark for the first time.\nBut in order to justify its sky-high stock price, the automaker will need to overcome a growing list of challenges.\nWhat's happening: A global chip shortage is snarling production, while the business environment in China, a crucial market, remains fraught. Competitors are gaining ground and Tesla faces a safety investigation tied to a fatal crash in Texas.\nShares were down 4.5% on Tuesday.\n\nSome Wall Street analysts still see a solid case for Tesla's stock, which is trading at more than 1,100 times its earnings, according to data from Refinitiv.\n\"While the company is still far from the sort of scale to justify its stock price ... production has exploded, and the company expects further expansion with the 2021 completion of its Berlin and Texas factories,\" Bespoke Investment Group told clients.\nBut a closer look at the company's financial results show that a big reason the company had a strong start to the year is because of its sale of regulatory credits, which brought in $518 million in revenue, and bitcoin holdings.\nTesla invested $1.5 billion in bitcoin last quarter while the cryptocurrency was soaring. Zachary Kirkhorn, the automaker's \"master of coin \"(okay, chief financial officer), said the company later sold 10% of its position, resulting in a $101 million profit. That's nearly a quarter of the $438 million Tesla earned when results are adjusted for stricter accounting standards.\nAnd while there's no denying that the company's car sales could continue to boom this year, there are, as ever, a long list of risks.\nCEO Elon Musk, whose official title is now \"Technoking,\" told investors Monday that the chip shortage was \"a huge problem\" for Tesla, and that it was battling \"some of the most difficult supply chain challenges that we've ever experienced.\"\nMusk said the company should be able to stick to its target for better than 50% growth in sales this year, which would take sales over the 750,000 mark.\nTo reach that target, the company needs to continue to see strong demand in China, the world's biggest market. But it faces potential issues there from both consumers and Beijing.\nLast week, Tesla's booth at the Shanghai Auto Show was briefly besieged by protesters complaining about problems with its cars. The episode comes after Tesla was summoned by regulators in February to discuss the quality of its Shanghai-made vehicles. The following month, reports surfaced that the country's military had banned its vehicles from entering its complexes over concerns that cameras onboard could be used for spying.\nChinese authorities aren't the only ones putting Tesla under the microscope. The company is also working with US safety investigators after two passengers were killed in a crash of a Tesla Model S outside Houston.\nThese challenges come as Tesla faces increasingly fierce competition from upstart rivals like Rivian, as well as traditional automakers like Volkswagen and General Motors that are ramping up their electric vehicle offerings.\nTesla could still rise above the fray — and Bespoke Investment Group notes that the company's stock is often divorced from its financial performance anyways. But the path ahead for Tesla and its Technoking looks tricky.","news_type":1},"isVote":1,"tweetType":1,"viewCount":177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100382007,"gmtCreate":1619581116409,"gmtModify":1704726303744,"author":{"id":"3581542195569650","authorId":"3581542195569650","name":"AceSpade","avatar":"https://static.tigerbbs.com/86edb0743e27f65900efef979334cd7b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581542195569650","authorIdStr":"3581542195569650"},"themes":[],"htmlText":"[Miser]&nbsp;[Miser]&nbsp;","listText":"[Miser]&nbsp;[Miser]&nbsp;","text":"[Miser] [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/100382007","repostId":"1112683994","repostType":4,"repost":{"id":"1112683994","kind":"news","pubTimestamp":1619580559,"share":"https://ttm.financial/m/news/1112683994?lang=&edition=fundamental","pubTime":"2021-04-28 11:29","market":"us","language":"en","title":"Cathie Wood Sells Another $35.7M Worth Of Square Stock And Loads Up $25.8M In Coinbase","url":"https://stock-news.laohu8.com/highlight/detail?id=1112683994","media":"benzinga","summary":"Cathie Wood-led Ark Investment Management sold another 140,682 shares of the payments companySquare ","content":"<p>Cathie Wood-led Ark Investment Management sold another 140,682 shares of the payments company<b>Square Inc</b>(NYSE:SQ), estimated to be worth $35.7 million as of Tuesday's close, as it looks to rebalance its portfolio.</p>\n<p>The investment firm’s<b>Ark Fintech Innovation ETF</b>(NYSE:ARKF) sold 110,682 SQ shares&nbsp;and the<b>ArkNext Generation Internet ETF</b>(NYSE:ARKW) sold 30,000.</p>\n<p>The hedge fund counts Square among its top five holdings. It is ARKF’s largest holding representing a 10.9% weight of the ETF, not accounting for Tuesday's trade.&nbsp;ARKF held a total of 1.81 million shares worth about $464.24 million, as of Tuesday morning.</p>\n<p>Square is ARKW’s third-largest holding behind<b>Tesla Inc</b>(NASDAQ:TSLA) and<b>Grayscale Bitcoin Trust</b>(OTC:GBTC). ARKW held a total of 1.34 million shares, worth about $343.84 million, as of Tuesday.</p>\n<p>Shares of Square last closed 0.77% lower at $253.79.</p>\n<p>The investment fund snapped up 85,411 shares of the cryptocurrency exchange<b>Coinbase Global Inc</b>(NASDAQ:COIN) worth about $25.8 million on the stock’s Tuesday’s close via its ARKW ETF.</p>\n<p>Shares of the company closed 0.83% lower at $302 on Tuesday, giving the cryptocurrency exchange a market valuation of $60.16 billion.</p>\n<p>Coinbase’s market cap has slipped from the highs of $85.8 billion on its blockbuster listing earlier this month.</p>\n<p>Coinbase stood at the fifteenth position among a total of 54 other stocks in the ARKW portfolio, which holds a total of 508,321 shares of the cryptocurrency exchange worth about $154.8 million, representing 2.2% of the ETF’s weight.</p>\n<p>Other Ark Buys On Tuesday:</p>\n<ul>\n <li><b>Meituan</b>(OTC:MPNGY)</li>\n <li><b>JD.com Inc</b>(NASDAQ:JD)</li>\n <li><b>Shopify Inc</b>(NYSE:SHOP)</li>\n <li><b>Zymergen Inc</b>(NASDAQ:ZY)</li>\n <li><b>Recursion Pharmaceuticals</b>(NASDAQ:RXRX)</li>\n <li><b>908 Devices</b>(NASDAQ:MASS)</li>\n <li><b>CM Life Sciences Inc</b>(NASDAQ:CMLF)</li>\n <li><b>Ionis Pharmaceuticals Inc</b>(NASDAQ:IONS)</li>\n <li><b>TuSimple Holdings</b>(NASDAQ:TSP)</li>\n <li><b>UiPath Inc</b>(NYSE:PATH)</li>\n <li><b>Jaws Spitfire Acquisition</b>(NYSE:SPFR)</li>\n <li><b>Tencent Holdings</b>(OTC:TCEHY)</li>\n <li><b>Pinduodu Inc</b>(NASDAQ:PDD)</li>\n <li><b>Iridium Communications</b>(NASDAQ:IRDM)</li>\n</ul>\n<p>Other Ark Sells On Tuesday:</p>\n<ul>\n <li><b>Intercontinental Exchange</b>(NYSE:ICE)</li>\n <li><b>SyrosPharmaceuticals</b>(NASDAQ:SYRS)</li>\n <li><b>Phreesia</b>(NYSE:PHR)</li>\n <li><b>Pluristem Therapeutics</b>(NASDAQ:PSTI)</li>\n <li><b>PACCAR</b>(NASDAQ:PCAR)</li>\n <li><b>Nvidia</b>(NASDAQ:NVDA)</li>\n <li><b>Facebook Inc</b>(NASDAQ:FB)</li>\n <li><b>Atlassian Corp</b>(NASDAQ:TEAM)</li>\n <li><b>Adobe Inc</b>(NASDAQ:ADBE)</li>\n <li><b>Synopsys Inc</b>(NASDAQ:SNPS)</li>\n <li><b>Roku Inc</b>(NASDAQ:ROKU)</li>\n <li><b>Adyen NV</b>(OTC:ADYEY)</li>\n <li><b>Hubspot Inc</b>(NYSE:HUBS)</li>\n <li><b>Teradyne Inc</b>(NASDAQ:TER)</li>\n <li><b>Pure Storage Inc</b>(NYSE:PSTG)</li>\n <li><b>Xilinx Inc</b>(NASDAQ:XLNX)</li>\n <li><b>Silvergate Capital</b>(NYSE:SI)</li>\n <li><b>Agora Inc</b>(NASDAQ:API)</li>\n <li><b>LendingTree Inc</b>(NASDAQ:TREE)</li>\n</ul>","source":"lsy1606299360108","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>Cathie Wood Sells Another $35.7M Worth Of Square Stock And Loads Up $25.8M In Coinbase</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\">\nCathie Wood Sells Another $35.7M Worth Of Square Stock And Loads Up $25.8M In Coinbase\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 11:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/cryptocurrency/21/04/20828326/cathie-wood-sells-35-7m-more-worth-of-square-stock-and-loads-up-25-8-m-in-coinbase><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood-led Ark Investment Management sold another 140,682 shares of the payments companySquare Inc(NYSE:SQ), estimated to be worth $35.7 million as of Tuesday's close, as it looks to rebalance ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/21/04/20828326/cathie-wood-sells-35-7m-more-worth-of-square-stock-and-loads-up-25-8-m-in-coinbase\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","SQ":"Block"},"source_url":"https://www.benzinga.com/markets/cryptocurrency/21/04/20828326/cathie-wood-sells-35-7m-more-worth-of-square-stock-and-loads-up-25-8-m-in-coinbase","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112683994","content_text":"Cathie Wood-led Ark Investment Management sold another 140,682 shares of the payments companySquare Inc(NYSE:SQ), estimated to be worth $35.7 million as of Tuesday's close, as it looks to rebalance its portfolio.\nThe investment firm’sArk Fintech Innovation ETF(NYSE:ARKF) sold 110,682 SQ shares and theArkNext Generation Internet ETF(NYSE:ARKW) sold 30,000.\nThe hedge fund counts Square among its top five holdings. It is ARKF’s largest holding representing a 10.9% weight of the ETF, not accounting for Tuesday's trade. ARKF held a total of 1.81 million shares worth about $464.24 million, as of Tuesday morning.\nSquare is ARKW’s third-largest holding behindTesla Inc(NASDAQ:TSLA) andGrayscale Bitcoin Trust(OTC:GBTC). ARKW held a total of 1.34 million shares, worth about $343.84 million, as of Tuesday.\nShares of Square last closed 0.77% lower at $253.79.\nThe investment fund snapped up 85,411 shares of the cryptocurrency exchangeCoinbase Global Inc(NASDAQ:COIN) worth about $25.8 million on the stock’s Tuesday’s close via its ARKW ETF.\nShares of the company closed 0.83% lower at $302 on Tuesday, giving the cryptocurrency exchange a market valuation of $60.16 billion.\nCoinbase’s market cap has slipped from the highs of $85.8 billion on its blockbuster listing earlier this month.\nCoinbase stood at the fifteenth position among a total of 54 other stocks in the ARKW portfolio, which holds a total of 508,321 shares of the cryptocurrency exchange worth about $154.8 million, representing 2.2% of the ETF’s weight.\nOther Ark Buys On Tuesday:\n\nMeituan(OTC:MPNGY)\nJD.com Inc(NASDAQ:JD)\nShopify Inc(NYSE:SHOP)\nZymergen Inc(NASDAQ:ZY)\nRecursion Pharmaceuticals(NASDAQ:RXRX)\n908 Devices(NASDAQ:MASS)\nCM Life Sciences Inc(NASDAQ:CMLF)\nIonis Pharmaceuticals Inc(NASDAQ:IONS)\nTuSimple Holdings(NASDAQ:TSP)\nUiPath Inc(NYSE:PATH)\nJaws Spitfire Acquisition(NYSE:SPFR)\nTencent Holdings(OTC:TCEHY)\nPinduodu Inc(NASDAQ:PDD)\nIridium Communications(NASDAQ:IRDM)\n\nOther Ark Sells On Tuesday:\n\nIntercontinental Exchange(NYSE:ICE)\nSyrosPharmaceuticals(NASDAQ:SYRS)\nPhreesia(NYSE:PHR)\nPluristem Therapeutics(NASDAQ:PSTI)\nPACCAR(NASDAQ:PCAR)\nNvidia(NASDAQ:NVDA)\nFacebook Inc(NASDAQ:FB)\nAtlassian Corp(NASDAQ:TEAM)\nAdobe Inc(NASDAQ:ADBE)\nSynopsys Inc(NASDAQ:SNPS)\nRoku Inc(NASDAQ:ROKU)\nAdyen NV(OTC:ADYEY)\nHubspot Inc(NYSE:HUBS)\nTeradyne Inc(NASDAQ:TER)\nPure Storage Inc(NYSE:PSTG)\nXilinx Inc(NASDAQ:XLNX)\nSilvergate Capital(NYSE:SI)\nAgora Inc(NASDAQ:API)\nLendingTree Inc(NASDAQ:TREE)","news_type":1},"isVote":1,"tweetType":1,"viewCount":288,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370344917,"gmtCreate":1618557322639,"gmtModify":1704712693010,"author":{"id":"3581542195569650","authorId":"3581542195569650","name":"AceSpade","avatar":"https://static.tigerbbs.com/86edb0743e27f65900efef979334cd7b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581542195569650","authorIdStr":"3581542195569650"},"themes":[],"htmlText":"[Happy]&nbsp;","listText":"[Happy]&nbsp;","text":"[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370344917","repostId":"1153076451","repostType":4,"repost":{"id":"1153076451","kind":"news","pubTimestamp":1618556863,"share":"https://ttm.financial/m/news/1153076451?lang=&edition=fundamental","pubTime":"2021-04-16 15:07","market":"us","language":"en","title":"Options Prices Imply A Bearish Outlook For Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=1153076451","media":"seekingalpha","summary":"Summary\n\nTSLA's valuation is sensitive to assumptions about earnings growth, as well as interest rat","content":"<p><b>Summary</b></p>\n<ul>\n <li>TSLA's valuation is sensitive to assumptions about earnings growth, as well as interest rates.</li>\n <li>There is enormous dispersion in the Wall Street analysts' price targets due to this sensitivity.</li>\n <li>The Wall Street analyst consensus is that the stock is overpriced.</li>\n <li>The market-implied outlook (derived from options prices) gives probabilities tilted to price declines to early 2022.</li>\n <li>My overall rating is bearish.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bc756d1b948ebdb3dc4733f45bfde46c\" tg-width=\"1536\" tg-height=\"1024\"><span>Photo by jetcityimage/iStock Editorial via Getty Images</span></p>\n<p>Tesla(NASDAQ:TSLA)has a trailing twelve-month P/E of 1,226 (Source: eTrade) and a forward P/E of 180 (Source: Seeking Alpha). At these levels of P/E ratio, the vast majority of Tesla’s valuation depends on earnings growth, as with other fast-growing companies. It is not surprising that TSLA stock dropped substantially during concerns about rising rates in early 2021. Companies for which the valuations depend on future rapid earnings growth will tend to be very sensitive to rates, because rising rates increase the discount rate applied to future earnings and the impact of this increase is much higher for earnings further into the future. Especially in cases in which a stock’s value is sensitive to justifiably variable assumptions about future earnings, considering a range of possible outcomes is important. Put in statistical terms, systems with low predictability are best analyzed using ensemble forecasts rather than point forecasts.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/498fffe7f0087b498b810cc31969d6a6\" tg-width=\"897\" tg-height=\"232\"><span>Price history and basic statistics for TSLA (Source: Seeking Alpha)</span></p>\n<p>My approach to equity analysis is from a statistical standpoint rather than bottom-up fundamental valuation. I can offer no unique insight into Tesla’s technology, how quickly Tesla will grow its sales or as to the impact of competition from other car manufacturers. If you are looking for one more equity analyst’s opinion, this article is not for you. In this article, I compare two different consensus outlooks for the stock. The first is the consensus rating and price target from the Wall Street equity analysts who follow the company. The second consensus view is the market-implied outlook which is derived from the prices at which options are trading. This is, in effect, the consensus opinion of all of the buyers and sellers of options on TSLA. Market-implied outlooks are quite common in quantitative finance but tend to be less familiar to investors and advisors. I have written an&nbsp;overview post&nbsp;that provides examples and links to the finance literature and an implementation of market-implied outlooks by the Minneapolis Federal Reserve Bank.</p>\n<p><b>Wall Street Analyst Ratings</b></p>\n<p>Especially for a company like Tesla, which is innovating and evolving rapidly in a market that is also growing and changing quickly, the consensus outlook of equity analysts is of interest. Each analyst will apply their own assumptions and estimates, and the consensus will tend to emphasize the common aspects and damp out the outliers. In addition, the dispersion among the analysts provides a sense of uncertainty. The higher the dispersion among price targets, for example, the&nbsp;less predictive&nbsp;the consensus target tends to be.</p>\n<p>eTrade’s calculation of the Wall Street consensus combines the view of 27 ranked analysts who have rated the stock and provided 12-month price targets over the past 90 days. The consensus rating is neutral (HOLD) and the consensus 12-month price target is 6.5% below the current share price. The spread in the price targets is enormous, with the highest price target almost 8.9 times the lowest price target. The lowest 12-month target, $135, is not an extreme outlier. There are also analysts with price targets of $150 and $180 as well as three analysts with price targets between $200 and $300.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7fbccc769e51e3f6f019ddc3f7bfc63d\" tg-width=\"685\" tg-height=\"452\"><span>Wall Street analyst consensus rating and 12-month price target for TSLA (Source: eTrade)</span></p>\n<p>Seeking Alpha’s calculation for the Wall Street consensus combines the outlooks of 35 analysts. The consensus rating is neutral, with a price target of $636.47, which is 15% below the current price.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8c20344d6c1b7953446ab1a2f555bfa8\" tg-width=\"905\" tg-height=\"455\"><span>Wall Street analyst consensus rating and price target for TSLA (Source: Seeking Alpha)</span></p>\n<p>The wide range of analyst opinions is also captured in the pie chart of ratings. There are 14 analysts with bullish ratings, 13 with neutral ratings, and 8 with bearish ratings.</p>\n<p><b>Market-Implied Outlook</b></p>\n<p>The buyers and sellers of options on TSLA are placing bets on the probabilities of the price rising above (call options) or falling below (put options) a specific price (the strike price) between now and the expiration date of the options. By combining the prices of call options and put options at a range of strikes and the same expiration date, it is possible to calculate the probability distribution of price returns (between now and the expiration date) that reconcile all of the options prices. This probabilistic outlook for price returns is referred to as the market-implied (aka option-implied) outlook and represents the consensus outlook of the options market. The market-implied outlook provides an interesting complement to the Wall Street analyst outlook.</p>\n<p>I have analyzed options on TSLA that expire on January 21, 2022 to provide the market-implied outlook for the next 9.25 months (between now and that date). The market-implied outlook is charted in the form of a standard probability distribution of returns, with probability on the vertical axis and price return on the horizontal axis, going from most negative on the left to most positive on the right.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/681fc7b1f0d61ed0cb7734b1ea478177\" tg-width=\"723\" tg-height=\"357\"><span>Market-implied price return probabilities for TSLA for the period from today until January 21, 2022 (Source: author’s calculations using options quotes from eTrade)</span></p>\n<p>What is immediately obvious in the market-implied outlook for the next 9.25 months is the very high positive skewness in returns. The single most-probable price return over this period is -34% and the median return is -18% (There is equal probability of being above or below the median). There is, however, an extremely long positive tail on the distribution, such that there is a low but meaningful probability of exceedingly high returns. This is a bearish outlook, with the most probable outcomes being substantially negative price returns over the next 9.25 months.</p>\n<p>The annualized volatility of TSLA derived from this distribution is 69%, which is very high for a large cap or mid cap stock. To put this in context, I recently calculated 62% annualized volatility for&nbsp;Snowflake (SNOW)&nbsp;using the same type of analysis.</p>\n<p>In my analyses using the market-implied outlook, I often rotate the negative return side of the distribution about the vertical axis in order to make it easier to see the relative probabilities of positive and negative returns of the same magnitude (see chart below). I provide this view to make it easier to compare the market-implied outlook for TSLA to some of my other analysis.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dce9b2b5a6d42644665c4133af0b67dd\" tg-width=\"565\" tg-height=\"358\"><span>Market-implied price return probabilities for TSLA for the period from today until January 21, 2022 and with the negative return side of the chart rotated about the vertical axis (Source: author’s calculations using options quotes from eTrade)</span></p>\n<p>This chart looks very similar to the&nbsp;market-implied outlook for Teladoc from February, for example. I have been seeing this form of market-implied outlook for a range of tech stocks in recent months. The common characteristics are high positive skewness and prevailing probabilities tilted to price declines.</p>\n<p>Another view of the market-implied outlook is in terms of the percentiles of the outcomes (this is referred to as the cumulative probability distribution). The percentiles show the probability of having a return above or below a specific level (see chart below).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/afa38062250c74ca42ec7813a3eb600c\" tg-width=\"581\" tg-height=\"362\"><span>Percentiles of market-implied price return probabilities for TSLA for the period from today until January 21, 2022 (Source: author’s calculations using options quotes from eTrade)</span></p>\n<p>There is a 64% probability of having a price return less than or equal to zero for the 9.25 month period (where the percentile curve crosses zero return). The skewness effect is easy to see here. The 20th percentile return is -44%, which means that there is a 20% probability of having a price return of -44% or worse over the next 9.25 months. The 10th percentile is -59%. The 80th percentile is +47% and the 90th percentile is +88%. The extreme percentiles illustrate the skewness. There is a 10% probability of having returns less than or equal to -59% (the 10th percentile) and there is a 10% chance of having a return greater than +88% (the 90th percentile).</p>\n<p>There is a very active options market on TSLA, so the market-implied outlook is of considerable interest. The consensus outlook of the options traders suggests that the highest-probability outcomes over the next 9.25 months are price declines, a bearish view. There is also an elevated potential, albeit with low probability, for out-sized positive returns.</p>\n<p><b>Summary</b></p>\n<p>Tesla is a remarkable company that has transformed and continues to lead the market for electric vehicles. Because the technology, the business, and the policy and regulation around electric vehicles is evolving so quickly, I believe it is especially important to analyze TSLA by looking at the range of forecasts. The Wall Street consensus provides one approach to capturing uncertainty by looking at the dispersion in price targets. The market-implied outlook provides a particularly relevant probabilistic outlook. The Wall Street consensus is that TSLA is currently overpriced, with a consensus 12-month price target implying a return of -6.5% to -15%. The dispersion in analyst price targets is enormous, varying by a factor of 9X. The market-implied outlook gives a median price return of -18%, with the single most-probable price return (the mode of the distribution) equal to -34%, for the next 9.25 months. The annualized volatility derived from the market-implied outlook is 69%. My final rating is bearish. There is the potential for enormous positive returns, but the prevailing odds point towards price declines.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Options Prices Imply A Bearish Outlook For Tesla</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\">\nOptions Prices Imply A Bearish Outlook For Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-16 15:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4419312-options-prices-imply-bearish-outlook-for-tesla><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nTSLA's valuation is sensitive to assumptions about earnings growth, as well as interest rates.\nThere is enormous dispersion in the Wall Street analysts' price targets due to this sensitivity....</p>\n\n<a href=\"https://seekingalpha.com/article/4419312-options-prices-imply-bearish-outlook-for-tesla\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4419312-options-prices-imply-bearish-outlook-for-tesla","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1153076451","content_text":"Summary\n\nTSLA's valuation is sensitive to assumptions about earnings growth, as well as interest rates.\nThere is enormous dispersion in the Wall Street analysts' price targets due to this sensitivity.\nThe Wall Street analyst consensus is that the stock is overpriced.\nThe market-implied outlook (derived from options prices) gives probabilities tilted to price declines to early 2022.\nMy overall rating is bearish.\n\nPhoto by jetcityimage/iStock Editorial via Getty Images\nTesla(NASDAQ:TSLA)has a trailing twelve-month P/E of 1,226 (Source: eTrade) and a forward P/E of 180 (Source: Seeking Alpha). At these levels of P/E ratio, the vast majority of Tesla’s valuation depends on earnings growth, as with other fast-growing companies. It is not surprising that TSLA stock dropped substantially during concerns about rising rates in early 2021. Companies for which the valuations depend on future rapid earnings growth will tend to be very sensitive to rates, because rising rates increase the discount rate applied to future earnings and the impact of this increase is much higher for earnings further into the future. Especially in cases in which a stock’s value is sensitive to justifiably variable assumptions about future earnings, considering a range of possible outcomes is important. Put in statistical terms, systems with low predictability are best analyzed using ensemble forecasts rather than point forecasts.\nPrice history and basic statistics for TSLA (Source: Seeking Alpha)\nMy approach to equity analysis is from a statistical standpoint rather than bottom-up fundamental valuation. I can offer no unique insight into Tesla’s technology, how quickly Tesla will grow its sales or as to the impact of competition from other car manufacturers. If you are looking for one more equity analyst’s opinion, this article is not for you. In this article, I compare two different consensus outlooks for the stock. The first is the consensus rating and price target from the Wall Street equity analysts who follow the company. The second consensus view is the market-implied outlook which is derived from the prices at which options are trading. This is, in effect, the consensus opinion of all of the buyers and sellers of options on TSLA. Market-implied outlooks are quite common in quantitative finance but tend to be less familiar to investors and advisors. I have written an overview post that provides examples and links to the finance literature and an implementation of market-implied outlooks by the Minneapolis Federal Reserve Bank.\nWall Street Analyst Ratings\nEspecially for a company like Tesla, which is innovating and evolving rapidly in a market that is also growing and changing quickly, the consensus outlook of equity analysts is of interest. Each analyst will apply their own assumptions and estimates, and the consensus will tend to emphasize the common aspects and damp out the outliers. In addition, the dispersion among the analysts provides a sense of uncertainty. The higher the dispersion among price targets, for example, the less predictive the consensus target tends to be.\neTrade’s calculation of the Wall Street consensus combines the view of 27 ranked analysts who have rated the stock and provided 12-month price targets over the past 90 days. The consensus rating is neutral (HOLD) and the consensus 12-month price target is 6.5% below the current share price. The spread in the price targets is enormous, with the highest price target almost 8.9 times the lowest price target. The lowest 12-month target, $135, is not an extreme outlier. There are also analysts with price targets of $150 and $180 as well as three analysts with price targets between $200 and $300.\nWall Street analyst consensus rating and 12-month price target for TSLA (Source: eTrade)\nSeeking Alpha’s calculation for the Wall Street consensus combines the outlooks of 35 analysts. The consensus rating is neutral, with a price target of $636.47, which is 15% below the current price.\nWall Street analyst consensus rating and price target for TSLA (Source: Seeking Alpha)\nThe wide range of analyst opinions is also captured in the pie chart of ratings. There are 14 analysts with bullish ratings, 13 with neutral ratings, and 8 with bearish ratings.\nMarket-Implied Outlook\nThe buyers and sellers of options on TSLA are placing bets on the probabilities of the price rising above (call options) or falling below (put options) a specific price (the strike price) between now and the expiration date of the options. By combining the prices of call options and put options at a range of strikes and the same expiration date, it is possible to calculate the probability distribution of price returns (between now and the expiration date) that reconcile all of the options prices. This probabilistic outlook for price returns is referred to as the market-implied (aka option-implied) outlook and represents the consensus outlook of the options market. The market-implied outlook provides an interesting complement to the Wall Street analyst outlook.\nI have analyzed options on TSLA that expire on January 21, 2022 to provide the market-implied outlook for the next 9.25 months (between now and that date). The market-implied outlook is charted in the form of a standard probability distribution of returns, with probability on the vertical axis and price return on the horizontal axis, going from most negative on the left to most positive on the right.\nMarket-implied price return probabilities for TSLA for the period from today until January 21, 2022 (Source: author’s calculations using options quotes from eTrade)\nWhat is immediately obvious in the market-implied outlook for the next 9.25 months is the very high positive skewness in returns. The single most-probable price return over this period is -34% and the median return is -18% (There is equal probability of being above or below the median). There is, however, an extremely long positive tail on the distribution, such that there is a low but meaningful probability of exceedingly high returns. This is a bearish outlook, with the most probable outcomes being substantially negative price returns over the next 9.25 months.\nThe annualized volatility of TSLA derived from this distribution is 69%, which is very high for a large cap or mid cap stock. To put this in context, I recently calculated 62% annualized volatility for Snowflake (SNOW) using the same type of analysis.\nIn my analyses using the market-implied outlook, I often rotate the negative return side of the distribution about the vertical axis in order to make it easier to see the relative probabilities of positive and negative returns of the same magnitude (see chart below). I provide this view to make it easier to compare the market-implied outlook for TSLA to some of my other analysis.\nMarket-implied price return probabilities for TSLA for the period from today until January 21, 2022 and with the negative return side of the chart rotated about the vertical axis (Source: author’s calculations using options quotes from eTrade)\nThis chart looks very similar to the market-implied outlook for Teladoc from February, for example. I have been seeing this form of market-implied outlook for a range of tech stocks in recent months. The common characteristics are high positive skewness and prevailing probabilities tilted to price declines.\nAnother view of the market-implied outlook is in terms of the percentiles of the outcomes (this is referred to as the cumulative probability distribution). The percentiles show the probability of having a return above or below a specific level (see chart below).\nPercentiles of market-implied price return probabilities for TSLA for the period from today until January 21, 2022 (Source: author’s calculations using options quotes from eTrade)\nThere is a 64% probability of having a price return less than or equal to zero for the 9.25 month period (where the percentile curve crosses zero return). The skewness effect is easy to see here. The 20th percentile return is -44%, which means that there is a 20% probability of having a price return of -44% or worse over the next 9.25 months. The 10th percentile is -59%. The 80th percentile is +47% and the 90th percentile is +88%. The extreme percentiles illustrate the skewness. There is a 10% probability of having returns less than or equal to -59% (the 10th percentile) and there is a 10% chance of having a return greater than +88% (the 90th percentile).\nThere is a very active options market on TSLA, so the market-implied outlook is of considerable interest. The consensus outlook of the options traders suggests that the highest-probability outcomes over the next 9.25 months are price declines, a bearish view. There is also an elevated potential, albeit with low probability, for out-sized positive returns.\nSummary\nTesla is a remarkable company that has transformed and continues to lead the market for electric vehicles. Because the technology, the business, and the policy and regulation around electric vehicles is evolving so quickly, I believe it is especially important to analyze TSLA by looking at the range of forecasts. The Wall Street consensus provides one approach to capturing uncertainty by looking at the dispersion in price targets. The market-implied outlook provides a particularly relevant probabilistic outlook. The Wall Street consensus is that TSLA is currently overpriced, with a consensus 12-month price target implying a return of -6.5% to -15%. The dispersion in analyst price targets is enormous, varying by a factor of 9X. The market-implied outlook gives a median price return of -18%, with the single most-probable price return (the mode of the distribution) equal to -34%, for the next 9.25 months. The annualized volatility derived from the market-implied outlook is 69%. My final rating is bearish. There is the potential for enormous positive returns, but the prevailing odds point towards price declines.","news_type":1},"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":155962141,"gmtCreate":1625369995583,"gmtModify":1703740901710,"author":{"id":"3581542195569650","authorId":"3581542195569650","name":"AceSpade","avatar":"https://static.tigerbbs.com/86edb0743e27f65900efef979334cd7b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581542195569650","idStr":"3581542195569650"},"themes":[],"htmlText":"Boom","listText":"Boom","text":"Boom","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/155962141","repostId":"1188153141","repostType":4,"repost":{"id":"1188153141","kind":"news","pubTimestamp":1625276221,"share":"https://ttm.financial/m/news/1188153141?lang=&edition=fundamental","pubTime":"2021-07-03 09:37","market":"us","language":"en","title":"Suze Orman worries about a market crash — here's what you should do","url":"https://stock-news.laohu8.com/highlight/detail?id=1188153141","media":"MoneyWise","summary":"As stock markets continue setting records, fallout from COVID-19 continues to create problems for th","content":"<p>As stock markets continue setting records, fallout from COVID-19 continues to create problems for the economy.</p>\n<p>That clash has worried investing experts, including Suze Orman, who's gone so far as to say she’s now preparing for an inevitable market crash.</p>\n<p>And a famous measurement popularized by Warren Buffett — known as the Buffett Indicator — shows Orman might be onto something.</p>\n<p>Here’s an explanation of where the concern is coming from and some techniques you can use tokeep your investment portfolio growingeven if the market goes south.</p>\n<p><b>What does Suze Orman think?</b></p>\n<p><img src=\"https://static.tigerbbs.com/be8dc3ad363faad96bc575a22235562d\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">Mediapunch/Shutterstock</p>\n<p>Suze Orman has avidly watched the market for decades. She knows ups and downs are to be expected, but what she’s seeing happen with investment fads like GameStop has her concerned.</p>\n<p>“I don’t like what I see happening in the market right now,” Orman said in a video for CNBC. “The economy has been horrible, but the stock market has been going.”</p>\n<p>While investing is as easy now asusing a smartphone app, Orman is concerned about where we can go from these record highs.</p>\n<p>And even with stimulus checks, which are still going out, and the real estate market breaking its own records last year, Orman worries about what will come with the coronavirus — especially as new variants continue to pop up.</p>\n<p>What's more, she feels it’s just been too long since the last crash to stay this high much longer.</p>\n<p>“This reminds me of 2000 all over again,” Orman says.</p>\n<p><b>The Buffett Indicator</b></p>\n<p><img src=\"https://static.tigerbbs.com/44ada32ecadcc4581fed208f4f4e4d53\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">Larry W Smith/EPA/Shutterstock</p>\n<p>One metric Warren Buffett uses to assess the market so regularly that it’s been named after him has been flashing red for long enough that market watchers are starting to wonder if it’s an outdated tool.</p>\n<p>But the Buffett Indicator, a measurement of the ratio of the stock market’s total value against U.S. economic output, continues to climb to previously unseen levels.</p>\n<p>And those in the know are wondering if it's a sign that we’re about to see a hard fall.</p>\n<p>How to prepare for a crash<img src=\"https://static.tigerbbs.com/1ad912a6b4611d9e39b46d2851c78c9e\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">Freedomz / Shutterstock</p>\n<p>Orman has three recommendations for setting up a simple investment strategy to help you successfully navigate any sharp turns in the market.</p>\n<p><b>1. Buy low</b></p>\n<p>Part of what upsets Orman so much about the furor over meme stocks like GameStop is it goes completely against the average investor’s interests.</p>\n<p>“All of you have your heads screwed on backwards,” she says. “All you want is for these markets to go up and up and up. What good is that going to do you?”</p>\n<p>She points out the only extra money most people have goes towardinvesting for retirementin their 401(k) or IRA plans.</p>\n<p>Because you probably don’t plan to touch that money for decades, the best long-term strategy is to buy low. That way, your dollar will go much further now, leaving plenty of room for growth over the next 20, 30 or 40 years.</p>\n<p><b>2. Invest on a schedule</b></p>\n<p><img src=\"https://static.tigerbbs.com/e4102f8a6d5002090743b1cbded32ef9\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">katjen / Shutterstock</p>\n<p>While she prefers to buy low, Orman doesn’t recommend you stop investing completely when the market goes up.</p>\n<p>She wants casual investors to not get caught up in the daily ups and downs of the market.</p>\n<p>In fact, cheering for downturns now may be your best bet at getting a larger piece of very profitable investments — like some lucky investors were able to do back in 2007 and 2008.</p>\n<p>“When the market went down, down, down you could buy things at nothing,” says Orman. “And now look at them 15 years later.”</p>\n<p>She suggests you set up a dollar-cost averaging strategy, which means you invest your money in equal portions at regular intervals, regardless of the market’s fluctuations.</p>\n<p>This kind of approach is easy to implement with any of the many investing apps currently available to DIY investors.</p>\n<p>There are even apps that willautomatically invest your spare changeby rounding up your debit and credit card purchases to the nearest dollar.</p>\n<p><b>3. Diversify with fractional shares</b></p>\n<p>To help weather dips in specific corners of the market, Orman suggests you diversify your investments — balance your portfolio with investments in many different types of assets and sectors of the economy.</p>\n<p>Orman particularly recommends fractional-share investing. This approach allows you to buy a slice of a share for a big-name company that you otherwise wouldn’t be able to afford.</p>\n<p>With the help of apopular stock-trading tool, anyone at any budget can afford the fractional share strategy.</p>\n<p>“The sooner you begin, the more money you will have,” says Orman. “Just don’t stop, and when these markets go down, you should be so happy because your dollars find more shares.”</p>\n<p>“And the more shares you have, the more money you’ll have 20, 40, 50 years from now.”</p>\n<p><b>What else you can do</b></p>\n<p><img src=\"https://static.tigerbbs.com/5e79c6fd1f8fa6e3a7c3a6c94f1e14b5\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">goodluz / Shutterstock</p>\n<p>Whether or not a big crash is around the corner, investors who are still decades out from retirement can make that work for them, Orman said in theCNBC video.</p>\n<p>First, prepare for the worst and hope for the best. Since the onset of the pandemic, Orman now recommends everyone have an emergency fund that can cover their expenses for a full year.</p>\n<p>Then, to set yourself up fora comfortable retirement, she suggests you opt for a Roth account, whether that’s a 401(k) or IRA.</p>\n<p>That will help you avoid paying tax when you take money out of your retirement account because your contributions to a Roth account are made after tax. Traditional IRAs, on the other hand, aren’t taxed when you make contributions, so you’ll end up paying later.</p>\n<p>If you find you need a little more guidance, working with aprofessional financial adviser, can help point you in the right direction so you can confidently ride out any market volatility.</p>\n<p>While everyone else is veering off course or overcorrecting, you’ll be firmly in the driver’s seat with your sunset years planned for.</p>","source":"lsy1621813427262","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>Suze Orman worries about a market crash — here's what you should do</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\">\nSuze Orman worries about a market crash — here's what you should do\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-03 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/suze-orman-worries-market-crash-220000108.html><strong>MoneyWise</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As stock markets continue setting records, fallout from COVID-19 continues to create problems for the economy.\nThat clash has worried investing experts, including Suze Orman, who's gone so far as to ...</p>\n\n<a href=\"https://finance.yahoo.com/news/suze-orman-worries-market-crash-220000108.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/suze-orman-worries-market-crash-220000108.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188153141","content_text":"As stock markets continue setting records, fallout from COVID-19 continues to create problems for the economy.\nThat clash has worried investing experts, including Suze Orman, who's gone so far as to say she’s now preparing for an inevitable market crash.\nAnd a famous measurement popularized by Warren Buffett — known as the Buffett Indicator — shows Orman might be onto something.\nHere’s an explanation of where the concern is coming from and some techniques you can use tokeep your investment portfolio growingeven if the market goes south.\nWhat does Suze Orman think?\nMediapunch/Shutterstock\nSuze Orman has avidly watched the market for decades. She knows ups and downs are to be expected, but what she’s seeing happen with investment fads like GameStop has her concerned.\n“I don’t like what I see happening in the market right now,” Orman said in a video for CNBC. “The economy has been horrible, but the stock market has been going.”\nWhile investing is as easy now asusing a smartphone app, Orman is concerned about where we can go from these record highs.\nAnd even with stimulus checks, which are still going out, and the real estate market breaking its own records last year, Orman worries about what will come with the coronavirus — especially as new variants continue to pop up.\nWhat's more, she feels it’s just been too long since the last crash to stay this high much longer.\n“This reminds me of 2000 all over again,” Orman says.\nThe Buffett Indicator\nLarry W Smith/EPA/Shutterstock\nOne metric Warren Buffett uses to assess the market so regularly that it’s been named after him has been flashing red for long enough that market watchers are starting to wonder if it’s an outdated tool.\nBut the Buffett Indicator, a measurement of the ratio of the stock market’s total value against U.S. economic output, continues to climb to previously unseen levels.\nAnd those in the know are wondering if it's a sign that we’re about to see a hard fall.\nHow to prepare for a crashFreedomz / Shutterstock\nOrman has three recommendations for setting up a simple investment strategy to help you successfully navigate any sharp turns in the market.\n1. Buy low\nPart of what upsets Orman so much about the furor over meme stocks like GameStop is it goes completely against the average investor’s interests.\n“All of you have your heads screwed on backwards,” she says. “All you want is for these markets to go up and up and up. What good is that going to do you?”\nShe points out the only extra money most people have goes towardinvesting for retirementin their 401(k) or IRA plans.\nBecause you probably don’t plan to touch that money for decades, the best long-term strategy is to buy low. That way, your dollar will go much further now, leaving plenty of room for growth over the next 20, 30 or 40 years.\n2. Invest on a schedule\nkatjen / Shutterstock\nWhile she prefers to buy low, Orman doesn’t recommend you stop investing completely when the market goes up.\nShe wants casual investors to not get caught up in the daily ups and downs of the market.\nIn fact, cheering for downturns now may be your best bet at getting a larger piece of very profitable investments — like some lucky investors were able to do back in 2007 and 2008.\n“When the market went down, down, down you could buy things at nothing,” says Orman. “And now look at them 15 years later.”\nShe suggests you set up a dollar-cost averaging strategy, which means you invest your money in equal portions at regular intervals, regardless of the market’s fluctuations.\nThis kind of approach is easy to implement with any of the many investing apps currently available to DIY investors.\nThere are even apps that willautomatically invest your spare changeby rounding up your debit and credit card purchases to the nearest dollar.\n3. Diversify with fractional shares\nTo help weather dips in specific corners of the market, Orman suggests you diversify your investments — balance your portfolio with investments in many different types of assets and sectors of the economy.\nOrman particularly recommends fractional-share investing. This approach allows you to buy a slice of a share for a big-name company that you otherwise wouldn’t be able to afford.\nWith the help of apopular stock-trading tool, anyone at any budget can afford the fractional share strategy.\n“The sooner you begin, the more money you will have,” says Orman. “Just don’t stop, and when these markets go down, you should be so happy because your dollars find more shares.”\n“And the more shares you have, the more money you’ll have 20, 40, 50 years from now.”\nWhat else you can do\ngoodluz / Shutterstock\nWhether or not a big crash is around the corner, investors who are still decades out from retirement can make that work for them, Orman said in theCNBC video.\nFirst, prepare for the worst and hope for the best. Since the onset of the pandemic, Orman now recommends everyone have an emergency fund that can cover their expenses for a full year.\nThen, to set yourself up fora comfortable retirement, she suggests you opt for a Roth account, whether that’s a 401(k) or IRA.\nThat will help you avoid paying tax when you take money out of your retirement account because your contributions to a Roth account are made after tax. Traditional IRAs, on the other hand, aren’t taxed when you make contributions, so you’ll end up paying later.\nIf you find you need a little more guidance, working with aprofessional financial adviser, can help point you in the right direction so you can confidently ride out any market volatility.\nWhile everyone else is veering off course or overcorrecting, you’ll be firmly in the driver’s seat with your sunset years planned for.","news_type":1},"isVote":1,"tweetType":1,"viewCount":249,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187904087,"gmtCreate":1623733155549,"gmtModify":1704209901223,"author":{"id":"3581542195569650","authorId":"3581542195569650","name":"AceSpade","avatar":"https://static.tigerbbs.com/86edb0743e27f65900efef979334cd7b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581542195569650","idStr":"3581542195569650"},"themes":[],"htmlText":"Lord Elon","listText":"Lord Elon","text":"Lord Elon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187904087","repostId":"1132051258","repostType":4,"repost":{"id":"1132051258","kind":"news","pubTimestamp":1623625464,"share":"https://ttm.financial/m/news/1132051258?lang=&edition=fundamental","pubTime":"2021-06-14 07:04","market":"us","language":"en","title":"Musk says Tesla will accept bitcoin again as crypto miners use more clean energy","url":"https://stock-news.laohu8.com/highlight/detail?id=1132051258","media":"CNBC","summary":"Tesla CEO Elon Musk on Sunday said the company will resume bitcoin transactions once it confirms there is reasonable clean energy usage by miners.“When there’s confirmation of reasonable  clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions,” Musk wrote in a tweet.The electric-car maker halted car purchases with bitcoin in mid-May due to concerns over how mining contributes to climate change.Musk was reacting to comments from Magda Wierzycka, C","content":"<div>\n<p>KEY POINTS\n\nTesla CEO Elon Musk on Sunday said the company will resume bitcoin transactions once it confirms there is reasonable clean energy usage by miners.\n“When there’s confirmation of reasonable ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/13/musk-tesla-will-accept-bitcoin-when-miners-use-clean-energy.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Musk says Tesla will accept bitcoin again as crypto miners use more clean energy</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\">\nMusk says Tesla will accept bitcoin again as crypto miners use more clean energy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 07:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/13/musk-tesla-will-accept-bitcoin-when-miners-use-clean-energy.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nTesla CEO Elon Musk on Sunday said the company will resume bitcoin transactions once it confirms there is reasonable clean energy usage by miners.\n“When there’s confirmation of reasonable ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/13/musk-tesla-will-accept-bitcoin-when-miners-use-clean-energy.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","TSLA":"特斯拉"},"source_url":"https://www.cnbc.com/2021/06/13/musk-tesla-will-accept-bitcoin-when-miners-use-clean-energy.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1132051258","content_text":"KEY POINTS\n\nTesla CEO Elon Musk on Sunday said the company will resume bitcoin transactions once it confirms there is reasonable clean energy usage by miners.\n“When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions,” Musk wrote in a tweet.\nThe electric-car maker halted car purchases with bitcoin in mid-May due to concerns over how mining contributes to climate change.\n\nTesla CEO Elon Musk on Sunday said the company will resume bitcoin transactions once it confirms there is reasonable clean energy usage by miners.\n“When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing bitcoin transactions.”\nMusk was reacting to comments from Magda Wierzycka, CEO of South African asset manager Sygnia, who said that Musk’s tweets on bitcoin prices were “market manipulation” and should have triggered an investigation by the U.S. Securities and Exchange Commission.\nTesla revealed in an SEC filing in February that it purchased $1.5 billion worth of bitcoin and said it would begin accepting bitcoin as a payment method for its products.\nHowever, the electric-car maker halted car purchases with bitcoin in mid-May due to concerns over how cryptocurrency mining, which requires banks of powerful computers, contributes to climate change.\n“We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel,” Musk said in May.\nOn Sunday, Musk disputed Wierzycka’s allegations of market manipulation, explaining, “Tesla sold roughly 10% of its bitcoin holdings “to confirm BTC could be liquidated easily without moving market,” he said. During the first quarter,Tesla sold $272 million worth of “digital assets,”which helped it reduce operating losses by $101 million, the company revealed in its earnings statement.\nMusk’s comments on social media about cryptocurrency often send prices soaring or plummeting, but appeared to have little effect Sunday. Bitcoin was trading around $37,442, according to Coindesk, at around 2:30 pm ET, up more than 4% on the day.","news_type":1},"isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100382259,"gmtCreate":1619581157071,"gmtModify":1704726304567,"author":{"id":"3581542195569650","authorId":"3581542195569650","name":"AceSpade","avatar":"https://static.tigerbbs.com/86edb0743e27f65900efef979334cd7b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581542195569650","idStr":"3581542195569650"},"themes":[],"htmlText":"Elon needs to speak more","listText":"Elon needs to speak more","text":"Elon needs to speak more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/100382259","repostId":"1137313536","repostType":4,"repost":{"id":"1137313536","kind":"news","pubTimestamp":1619580265,"share":"https://ttm.financial/m/news/1137313536?lang=&edition=fundamental","pubTime":"2021-04-28 11:24","market":"us","language":"en","title":"Tesla needs a perfect year. That won't be easy","url":"https://stock-news.laohu8.com/highlight/detail?id=1137313536","media":"CNN Business","summary":"London (CNN Business) - Tesla (TSLA) just posted record quarterly profits, with one measure of earni","content":"<p><b>London (CNN Business)&nbsp;-</b>&nbsp;Tesla&nbsp;(TSLA)&nbsp;just&nbsp;posted record quarterly profits, with one measure of earnings passing the $1 billion mark for the first time.</p>\n<p>But in order to justify its sky-high stock price, the automaker will need to overcome a growing list of challenges.</p>\n<p>What's happening: A global chip shortage is snarling production, while the business environment in China, a crucial market, remains fraught. Competitors are gaining ground and Tesla faces a safety investigation tied to a&nbsp;fatal crash in Texas.</p>\n<p>Shares were down 4.5% on&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/7226157dfa6faad2069bf81fb4aaaff7\" tg-width=\"840\" tg-height=\"470\"></p>\n<p>Some Wall Street analysts still see a solid case for Tesla's stock, which is trading at more than 1,100 times its earnings, according to data from Refinitiv.</p>\n<p>\"While the company is still far from the sort of scale to justify its stock price ... production has exploded, and the company expects further expansion with the 2021 completion of its Berlin and Texas factories,\" Bespoke Investment Group told clients.</p>\n<p>But a closer look at the company's financial results show that a big reason the company had a strong start to the year is because of its sale of regulatory credits, which brought in $518 million in revenue, and bitcoin holdings.</p>\n<p>Tesla invested $1.5 billion in bitcoin last quarter while the cryptocurrency was soaring. Zachary Kirkhorn, the automaker's&nbsp;\"master of coin&nbsp;\"(okay, chief financial officer), said the company later sold 10% of its position, resulting in a $101 million profit. That's nearly a quarter of the $438 million Tesla earned when results are adjusted for stricter accounting standards.</p>\n<p>And while there's no denying that the company's car sales could continue to boom this year, there are, as ever, a long list of risks.</p>\n<p>CEO Elon Musk, whose official title is&nbsp;now \"Technoking,\"&nbsp;told investors Monday that the chip shortage was \"a huge problem\" for Tesla, and that it was battling \"some of the most difficult supply chain challenges that we've ever experienced.\"</p>\n<p>Musk said the company should be able to stick to its target for better than 50% growth in sales this year, which would take sales over the 750,000 mark.</p>\n<p>To reach that target, the company needs to continue to see strong demand in China, the world's biggest market. But it faces potential issues there from both consumers and Beijing.</p>\n<p>Last week, Tesla's booth at the Shanghai Auto Show was&nbsp;briefly besieged&nbsp;by protesters complaining about problems with its cars. The episode comes after Tesla was summoned by regulators in February to discuss the quality of its Shanghai-made vehicles. The following month, reports surfaced that the country's military had banned its vehicles from entering its complexes over concerns that cameras onboard could be used for spying.</p>\n<p>Chinese authorities aren't the only ones putting Tesla under the microscope. The company is also working with US safety investigators after two passengers were killed in a crash of a Tesla Model S outside Houston.</p>\n<p>These challenges come as Tesla faces increasingly fierce competition from upstart rivals like Rivian, as well as traditional automakers like Volkswagen and General Motors that are ramping up their electric vehicle offerings.</p>\n<p>Tesla could still rise above the fray — and Bespoke Investment Group notes that the company's stock is often divorced from its financial performance anyways. But the path ahead for Tesla and its Technoking looks tricky.</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>Tesla needs a perfect year. That won't be easy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla needs a perfect year. That won't be easy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 11:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/04/27/investing/premarket-stocks-trading/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>London (CNN Business) - Tesla (TSLA) just posted record quarterly profits, with one measure of earnings passing the $1 billion mark for the first time.\nBut in order to justify its sky-high stock price...</p>\n\n<a href=\"https://edition.cnn.com/2021/04/27/investing/premarket-stocks-trading/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://edition.cnn.com/2021/04/27/investing/premarket-stocks-trading/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137313536","content_text":"London (CNN Business) - Tesla (TSLA) just posted record quarterly profits, with one measure of earnings passing the $1 billion mark for the first time.\nBut in order to justify its sky-high stock price, the automaker will need to overcome a growing list of challenges.\nWhat's happening: A global chip shortage is snarling production, while the business environment in China, a crucial market, remains fraught. Competitors are gaining ground and Tesla faces a safety investigation tied to a fatal crash in Texas.\nShares were down 4.5% on Tuesday.\n\nSome Wall Street analysts still see a solid case for Tesla's stock, which is trading at more than 1,100 times its earnings, according to data from Refinitiv.\n\"While the company is still far from the sort of scale to justify its stock price ... production has exploded, and the company expects further expansion with the 2021 completion of its Berlin and Texas factories,\" Bespoke Investment Group told clients.\nBut a closer look at the company's financial results show that a big reason the company had a strong start to the year is because of its sale of regulatory credits, which brought in $518 million in revenue, and bitcoin holdings.\nTesla invested $1.5 billion in bitcoin last quarter while the cryptocurrency was soaring. Zachary Kirkhorn, the automaker's \"master of coin \"(okay, chief financial officer), said the company later sold 10% of its position, resulting in a $101 million profit. That's nearly a quarter of the $438 million Tesla earned when results are adjusted for stricter accounting standards.\nAnd while there's no denying that the company's car sales could continue to boom this year, there are, as ever, a long list of risks.\nCEO Elon Musk, whose official title is now \"Technoking,\" told investors Monday that the chip shortage was \"a huge problem\" for Tesla, and that it was battling \"some of the most difficult supply chain challenges that we've ever experienced.\"\nMusk said the company should be able to stick to its target for better than 50% growth in sales this year, which would take sales over the 750,000 mark.\nTo reach that target, the company needs to continue to see strong demand in China, the world's biggest market. But it faces potential issues there from both consumers and Beijing.\nLast week, Tesla's booth at the Shanghai Auto Show was briefly besieged by protesters complaining about problems with its cars. The episode comes after Tesla was summoned by regulators in February to discuss the quality of its Shanghai-made vehicles. The following month, reports surfaced that the country's military had banned its vehicles from entering its complexes over concerns that cameras onboard could be used for spying.\nChinese authorities aren't the only ones putting Tesla under the microscope. The company is also working with US safety investigators after two passengers were killed in a crash of a Tesla Model S outside Houston.\nThese challenges come as Tesla faces increasingly fierce competition from upstart rivals like Rivian, as well as traditional automakers like Volkswagen and General Motors that are ramping up their electric vehicle offerings.\nTesla could still rise above the fray — and Bespoke Investment Group notes that the company's stock is often divorced from its financial performance anyways. But the path ahead for Tesla and its Technoking looks tricky.","news_type":1},"isVote":1,"tweetType":1,"viewCount":177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100382007,"gmtCreate":1619581116409,"gmtModify":1704726303744,"author":{"id":"3581542195569650","authorId":"3581542195569650","name":"AceSpade","avatar":"https://static.tigerbbs.com/86edb0743e27f65900efef979334cd7b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581542195569650","idStr":"3581542195569650"},"themes":[],"htmlText":"[Miser]&nbsp;[Miser]&nbsp;","listText":"[Miser]&nbsp;[Miser]&nbsp;","text":"[Miser] [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/100382007","repostId":"1112683994","repostType":4,"repost":{"id":"1112683994","kind":"news","pubTimestamp":1619580559,"share":"https://ttm.financial/m/news/1112683994?lang=&edition=fundamental","pubTime":"2021-04-28 11:29","market":"us","language":"en","title":"Cathie Wood Sells Another $35.7M Worth Of Square Stock And Loads Up $25.8M In Coinbase","url":"https://stock-news.laohu8.com/highlight/detail?id=1112683994","media":"benzinga","summary":"Cathie Wood-led Ark Investment Management sold another 140,682 shares of the payments companySquare ","content":"<p>Cathie Wood-led Ark Investment Management sold another 140,682 shares of the payments company<b>Square Inc</b>(NYSE:SQ), estimated to be worth $35.7 million as of Tuesday's close, as it looks to rebalance its portfolio.</p>\n<p>The investment firm’s<b>Ark Fintech Innovation ETF</b>(NYSE:ARKF) sold 110,682 SQ shares&nbsp;and the<b>ArkNext Generation Internet ETF</b>(NYSE:ARKW) sold 30,000.</p>\n<p>The hedge fund counts Square among its top five holdings. It is ARKF’s largest holding representing a 10.9% weight of the ETF, not accounting for Tuesday's trade.&nbsp;ARKF held a total of 1.81 million shares worth about $464.24 million, as of Tuesday morning.</p>\n<p>Square is ARKW’s third-largest holding behind<b>Tesla Inc</b>(NASDAQ:TSLA) and<b>Grayscale Bitcoin Trust</b>(OTC:GBTC). ARKW held a total of 1.34 million shares, worth about $343.84 million, as of Tuesday.</p>\n<p>Shares of Square last closed 0.77% lower at $253.79.</p>\n<p>The investment fund snapped up 85,411 shares of the cryptocurrency exchange<b>Coinbase Global Inc</b>(NASDAQ:COIN) worth about $25.8 million on the stock’s Tuesday’s close via its ARKW ETF.</p>\n<p>Shares of the company closed 0.83% lower at $302 on Tuesday, giving the cryptocurrency exchange a market valuation of $60.16 billion.</p>\n<p>Coinbase’s market cap has slipped from the highs of $85.8 billion on its blockbuster listing earlier this month.</p>\n<p>Coinbase stood at the fifteenth position among a total of 54 other stocks in the ARKW portfolio, which holds a total of 508,321 shares of the cryptocurrency exchange worth about $154.8 million, representing 2.2% of the ETF’s weight.</p>\n<p>Other Ark Buys On Tuesday:</p>\n<ul>\n <li><b>Meituan</b>(OTC:MPNGY)</li>\n <li><b>JD.com Inc</b>(NASDAQ:JD)</li>\n <li><b>Shopify Inc</b>(NYSE:SHOP)</li>\n <li><b>Zymergen Inc</b>(NASDAQ:ZY)</li>\n <li><b>Recursion Pharmaceuticals</b>(NASDAQ:RXRX)</li>\n <li><b>908 Devices</b>(NASDAQ:MASS)</li>\n <li><b>CM Life Sciences Inc</b>(NASDAQ:CMLF)</li>\n <li><b>Ionis Pharmaceuticals Inc</b>(NASDAQ:IONS)</li>\n <li><b>TuSimple Holdings</b>(NASDAQ:TSP)</li>\n <li><b>UiPath Inc</b>(NYSE:PATH)</li>\n <li><b>Jaws Spitfire Acquisition</b>(NYSE:SPFR)</li>\n <li><b>Tencent Holdings</b>(OTC:TCEHY)</li>\n <li><b>Pinduodu Inc</b>(NASDAQ:PDD)</li>\n <li><b>Iridium Communications</b>(NASDAQ:IRDM)</li>\n</ul>\n<p>Other Ark Sells On Tuesday:</p>\n<ul>\n <li><b>Intercontinental Exchange</b>(NYSE:ICE)</li>\n <li><b>SyrosPharmaceuticals</b>(NASDAQ:SYRS)</li>\n <li><b>Phreesia</b>(NYSE:PHR)</li>\n <li><b>Pluristem Therapeutics</b>(NASDAQ:PSTI)</li>\n <li><b>PACCAR</b>(NASDAQ:PCAR)</li>\n <li><b>Nvidia</b>(NASDAQ:NVDA)</li>\n <li><b>Facebook Inc</b>(NASDAQ:FB)</li>\n <li><b>Atlassian Corp</b>(NASDAQ:TEAM)</li>\n <li><b>Adobe Inc</b>(NASDAQ:ADBE)</li>\n <li><b>Synopsys Inc</b>(NASDAQ:SNPS)</li>\n <li><b>Roku Inc</b>(NASDAQ:ROKU)</li>\n <li><b>Adyen NV</b>(OTC:ADYEY)</li>\n <li><b>Hubspot Inc</b>(NYSE:HUBS)</li>\n <li><b>Teradyne Inc</b>(NASDAQ:TER)</li>\n <li><b>Pure Storage Inc</b>(NYSE:PSTG)</li>\n <li><b>Xilinx Inc</b>(NASDAQ:XLNX)</li>\n <li><b>Silvergate Capital</b>(NYSE:SI)</li>\n <li><b>Agora Inc</b>(NASDAQ:API)</li>\n <li><b>LendingTree Inc</b>(NASDAQ:TREE)</li>\n</ul>","source":"lsy1606299360108","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>Cathie Wood Sells Another $35.7M Worth Of Square Stock And Loads Up $25.8M In Coinbase</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\">\nCathie Wood Sells Another $35.7M Worth Of Square Stock And Loads Up $25.8M In Coinbase\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 11:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/cryptocurrency/21/04/20828326/cathie-wood-sells-35-7m-more-worth-of-square-stock-and-loads-up-25-8-m-in-coinbase><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood-led Ark Investment Management sold another 140,682 shares of the payments companySquare Inc(NYSE:SQ), estimated to be worth $35.7 million as of Tuesday's close, as it looks to rebalance ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/21/04/20828326/cathie-wood-sells-35-7m-more-worth-of-square-stock-and-loads-up-25-8-m-in-coinbase\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","SQ":"Block"},"source_url":"https://www.benzinga.com/markets/cryptocurrency/21/04/20828326/cathie-wood-sells-35-7m-more-worth-of-square-stock-and-loads-up-25-8-m-in-coinbase","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112683994","content_text":"Cathie Wood-led Ark Investment Management sold another 140,682 shares of the payments companySquare Inc(NYSE:SQ), estimated to be worth $35.7 million as of Tuesday's close, as it looks to rebalance its portfolio.\nThe investment firm’sArk Fintech Innovation ETF(NYSE:ARKF) sold 110,682 SQ shares and theArkNext Generation Internet ETF(NYSE:ARKW) sold 30,000.\nThe hedge fund counts Square among its top five holdings. It is ARKF’s largest holding representing a 10.9% weight of the ETF, not accounting for Tuesday's trade. ARKF held a total of 1.81 million shares worth about $464.24 million, as of Tuesday morning.\nSquare is ARKW’s third-largest holding behindTesla Inc(NASDAQ:TSLA) andGrayscale Bitcoin Trust(OTC:GBTC). ARKW held a total of 1.34 million shares, worth about $343.84 million, as of Tuesday.\nShares of Square last closed 0.77% lower at $253.79.\nThe investment fund snapped up 85,411 shares of the cryptocurrency exchangeCoinbase Global Inc(NASDAQ:COIN) worth about $25.8 million on the stock’s Tuesday’s close via its ARKW ETF.\nShares of the company closed 0.83% lower at $302 on Tuesday, giving the cryptocurrency exchange a market valuation of $60.16 billion.\nCoinbase’s market cap has slipped from the highs of $85.8 billion on its blockbuster listing earlier this month.\nCoinbase stood at the fifteenth position among a total of 54 other stocks in the ARKW portfolio, which holds a total of 508,321 shares of the cryptocurrency exchange worth about $154.8 million, representing 2.2% of the ETF’s weight.\nOther Ark Buys On Tuesday:\n\nMeituan(OTC:MPNGY)\nJD.com Inc(NASDAQ:JD)\nShopify Inc(NYSE:SHOP)\nZymergen Inc(NASDAQ:ZY)\nRecursion Pharmaceuticals(NASDAQ:RXRX)\n908 Devices(NASDAQ:MASS)\nCM Life Sciences Inc(NASDAQ:CMLF)\nIonis Pharmaceuticals Inc(NASDAQ:IONS)\nTuSimple Holdings(NASDAQ:TSP)\nUiPath Inc(NYSE:PATH)\nJaws Spitfire Acquisition(NYSE:SPFR)\nTencent Holdings(OTC:TCEHY)\nPinduodu Inc(NASDAQ:PDD)\nIridium Communications(NASDAQ:IRDM)\n\nOther Ark Sells On Tuesday:\n\nIntercontinental Exchange(NYSE:ICE)\nSyrosPharmaceuticals(NASDAQ:SYRS)\nPhreesia(NYSE:PHR)\nPluristem Therapeutics(NASDAQ:PSTI)\nPACCAR(NASDAQ:PCAR)\nNvidia(NASDAQ:NVDA)\nFacebook Inc(NASDAQ:FB)\nAtlassian Corp(NASDAQ:TEAM)\nAdobe Inc(NASDAQ:ADBE)\nSynopsys Inc(NASDAQ:SNPS)\nRoku Inc(NASDAQ:ROKU)\nAdyen NV(OTC:ADYEY)\nHubspot Inc(NYSE:HUBS)\nTeradyne Inc(NASDAQ:TER)\nPure Storage Inc(NYSE:PSTG)\nXilinx Inc(NASDAQ:XLNX)\nSilvergate Capital(NYSE:SI)\nAgora Inc(NASDAQ:API)\nLendingTree Inc(NASDAQ:TREE)","news_type":1},"isVote":1,"tweetType":1,"viewCount":288,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370344917,"gmtCreate":1618557322639,"gmtModify":1704712693010,"author":{"id":"3581542195569650","authorId":"3581542195569650","name":"AceSpade","avatar":"https://static.tigerbbs.com/86edb0743e27f65900efef979334cd7b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581542195569650","idStr":"3581542195569650"},"themes":[],"htmlText":"[Happy]&nbsp;","listText":"[Happy]&nbsp;","text":"[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370344917","repostId":"1153076451","repostType":4,"repost":{"id":"1153076451","kind":"news","pubTimestamp":1618556863,"share":"https://ttm.financial/m/news/1153076451?lang=&edition=fundamental","pubTime":"2021-04-16 15:07","market":"us","language":"en","title":"Options Prices Imply A Bearish Outlook For Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=1153076451","media":"seekingalpha","summary":"Summary\n\nTSLA's valuation is sensitive to assumptions about earnings growth, as well as interest rat","content":"<p><b>Summary</b></p>\n<ul>\n <li>TSLA's valuation is sensitive to assumptions about earnings growth, as well as interest rates.</li>\n <li>There is enormous dispersion in the Wall Street analysts' price targets due to this sensitivity.</li>\n <li>The Wall Street analyst consensus is that the stock is overpriced.</li>\n <li>The market-implied outlook (derived from options prices) gives probabilities tilted to price declines to early 2022.</li>\n <li>My overall rating is bearish.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bc756d1b948ebdb3dc4733f45bfde46c\" tg-width=\"1536\" tg-height=\"1024\"><span>Photo by jetcityimage/iStock Editorial via Getty Images</span></p>\n<p>Tesla(NASDAQ:TSLA)has a trailing twelve-month P/E of 1,226 (Source: eTrade) and a forward P/E of 180 (Source: Seeking Alpha). At these levels of P/E ratio, the vast majority of Tesla’s valuation depends on earnings growth, as with other fast-growing companies. It is not surprising that TSLA stock dropped substantially during concerns about rising rates in early 2021. Companies for which the valuations depend on future rapid earnings growth will tend to be very sensitive to rates, because rising rates increase the discount rate applied to future earnings and the impact of this increase is much higher for earnings further into the future. Especially in cases in which a stock’s value is sensitive to justifiably variable assumptions about future earnings, considering a range of possible outcomes is important. Put in statistical terms, systems with low predictability are best analyzed using ensemble forecasts rather than point forecasts.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/498fffe7f0087b498b810cc31969d6a6\" tg-width=\"897\" tg-height=\"232\"><span>Price history and basic statistics for TSLA (Source: Seeking Alpha)</span></p>\n<p>My approach to equity analysis is from a statistical standpoint rather than bottom-up fundamental valuation. I can offer no unique insight into Tesla’s technology, how quickly Tesla will grow its sales or as to the impact of competition from other car manufacturers. If you are looking for one more equity analyst’s opinion, this article is not for you. In this article, I compare two different consensus outlooks for the stock. The first is the consensus rating and price target from the Wall Street equity analysts who follow the company. The second consensus view is the market-implied outlook which is derived from the prices at which options are trading. This is, in effect, the consensus opinion of all of the buyers and sellers of options on TSLA. Market-implied outlooks are quite common in quantitative finance but tend to be less familiar to investors and advisors. I have written an&nbsp;overview post&nbsp;that provides examples and links to the finance literature and an implementation of market-implied outlooks by the Minneapolis Federal Reserve Bank.</p>\n<p><b>Wall Street Analyst Ratings</b></p>\n<p>Especially for a company like Tesla, which is innovating and evolving rapidly in a market that is also growing and changing quickly, the consensus outlook of equity analysts is of interest. Each analyst will apply their own assumptions and estimates, and the consensus will tend to emphasize the common aspects and damp out the outliers. In addition, the dispersion among the analysts provides a sense of uncertainty. The higher the dispersion among price targets, for example, the&nbsp;less predictive&nbsp;the consensus target tends to be.</p>\n<p>eTrade’s calculation of the Wall Street consensus combines the view of 27 ranked analysts who have rated the stock and provided 12-month price targets over the past 90 days. The consensus rating is neutral (HOLD) and the consensus 12-month price target is 6.5% below the current share price. The spread in the price targets is enormous, with the highest price target almost 8.9 times the lowest price target. The lowest 12-month target, $135, is not an extreme outlier. There are also analysts with price targets of $150 and $180 as well as three analysts with price targets between $200 and $300.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7fbccc769e51e3f6f019ddc3f7bfc63d\" tg-width=\"685\" tg-height=\"452\"><span>Wall Street analyst consensus rating and 12-month price target for TSLA (Source: eTrade)</span></p>\n<p>Seeking Alpha’s calculation for the Wall Street consensus combines the outlooks of 35 analysts. The consensus rating is neutral, with a price target of $636.47, which is 15% below the current price.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8c20344d6c1b7953446ab1a2f555bfa8\" tg-width=\"905\" tg-height=\"455\"><span>Wall Street analyst consensus rating and price target for TSLA (Source: Seeking Alpha)</span></p>\n<p>The wide range of analyst opinions is also captured in the pie chart of ratings. There are 14 analysts with bullish ratings, 13 with neutral ratings, and 8 with bearish ratings.</p>\n<p><b>Market-Implied Outlook</b></p>\n<p>The buyers and sellers of options on TSLA are placing bets on the probabilities of the price rising above (call options) or falling below (put options) a specific price (the strike price) between now and the expiration date of the options. By combining the prices of call options and put options at a range of strikes and the same expiration date, it is possible to calculate the probability distribution of price returns (between now and the expiration date) that reconcile all of the options prices. This probabilistic outlook for price returns is referred to as the market-implied (aka option-implied) outlook and represents the consensus outlook of the options market. The market-implied outlook provides an interesting complement to the Wall Street analyst outlook.</p>\n<p>I have analyzed options on TSLA that expire on January 21, 2022 to provide the market-implied outlook for the next 9.25 months (between now and that date). The market-implied outlook is charted in the form of a standard probability distribution of returns, with probability on the vertical axis and price return on the horizontal axis, going from most negative on the left to most positive on the right.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/681fc7b1f0d61ed0cb7734b1ea478177\" tg-width=\"723\" tg-height=\"357\"><span>Market-implied price return probabilities for TSLA for the period from today until January 21, 2022 (Source: author’s calculations using options quotes from eTrade)</span></p>\n<p>What is immediately obvious in the market-implied outlook for the next 9.25 months is the very high positive skewness in returns. The single most-probable price return over this period is -34% and the median return is -18% (There is equal probability of being above or below the median). There is, however, an extremely long positive tail on the distribution, such that there is a low but meaningful probability of exceedingly high returns. This is a bearish outlook, with the most probable outcomes being substantially negative price returns over the next 9.25 months.</p>\n<p>The annualized volatility of TSLA derived from this distribution is 69%, which is very high for a large cap or mid cap stock. To put this in context, I recently calculated 62% annualized volatility for&nbsp;Snowflake (SNOW)&nbsp;using the same type of analysis.</p>\n<p>In my analyses using the market-implied outlook, I often rotate the negative return side of the distribution about the vertical axis in order to make it easier to see the relative probabilities of positive and negative returns of the same magnitude (see chart below). I provide this view to make it easier to compare the market-implied outlook for TSLA to some of my other analysis.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dce9b2b5a6d42644665c4133af0b67dd\" tg-width=\"565\" tg-height=\"358\"><span>Market-implied price return probabilities for TSLA for the period from today until January 21, 2022 and with the negative return side of the chart rotated about the vertical axis (Source: author’s calculations using options quotes from eTrade)</span></p>\n<p>This chart looks very similar to the&nbsp;market-implied outlook for Teladoc from February, for example. I have been seeing this form of market-implied outlook for a range of tech stocks in recent months. The common characteristics are high positive skewness and prevailing probabilities tilted to price declines.</p>\n<p>Another view of the market-implied outlook is in terms of the percentiles of the outcomes (this is referred to as the cumulative probability distribution). The percentiles show the probability of having a return above or below a specific level (see chart below).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/afa38062250c74ca42ec7813a3eb600c\" tg-width=\"581\" tg-height=\"362\"><span>Percentiles of market-implied price return probabilities for TSLA for the period from today until January 21, 2022 (Source: author’s calculations using options quotes from eTrade)</span></p>\n<p>There is a 64% probability of having a price return less than or equal to zero for the 9.25 month period (where the percentile curve crosses zero return). The skewness effect is easy to see here. The 20th percentile return is -44%, which means that there is a 20% probability of having a price return of -44% or worse over the next 9.25 months. The 10th percentile is -59%. The 80th percentile is +47% and the 90th percentile is +88%. The extreme percentiles illustrate the skewness. There is a 10% probability of having returns less than or equal to -59% (the 10th percentile) and there is a 10% chance of having a return greater than +88% (the 90th percentile).</p>\n<p>There is a very active options market on TSLA, so the market-implied outlook is of considerable interest. The consensus outlook of the options traders suggests that the highest-probability outcomes over the next 9.25 months are price declines, a bearish view. There is also an elevated potential, albeit with low probability, for out-sized positive returns.</p>\n<p><b>Summary</b></p>\n<p>Tesla is a remarkable company that has transformed and continues to lead the market for electric vehicles. Because the technology, the business, and the policy and regulation around electric vehicles is evolving so quickly, I believe it is especially important to analyze TSLA by looking at the range of forecasts. The Wall Street consensus provides one approach to capturing uncertainty by looking at the dispersion in price targets. The market-implied outlook provides a particularly relevant probabilistic outlook. The Wall Street consensus is that TSLA is currently overpriced, with a consensus 12-month price target implying a return of -6.5% to -15%. The dispersion in analyst price targets is enormous, varying by a factor of 9X. The market-implied outlook gives a median price return of -18%, with the single most-probable price return (the mode of the distribution) equal to -34%, for the next 9.25 months. The annualized volatility derived from the market-implied outlook is 69%. My final rating is bearish. There is the potential for enormous positive returns, but the prevailing odds point towards price declines.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Options Prices Imply A Bearish Outlook For Tesla</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\">\nOptions Prices Imply A Bearish Outlook For Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-16 15:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4419312-options-prices-imply-bearish-outlook-for-tesla><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nTSLA's valuation is sensitive to assumptions about earnings growth, as well as interest rates.\nThere is enormous dispersion in the Wall Street analysts' price targets due to this sensitivity....</p>\n\n<a href=\"https://seekingalpha.com/article/4419312-options-prices-imply-bearish-outlook-for-tesla\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4419312-options-prices-imply-bearish-outlook-for-tesla","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1153076451","content_text":"Summary\n\nTSLA's valuation is sensitive to assumptions about earnings growth, as well as interest rates.\nThere is enormous dispersion in the Wall Street analysts' price targets due to this sensitivity.\nThe Wall Street analyst consensus is that the stock is overpriced.\nThe market-implied outlook (derived from options prices) gives probabilities tilted to price declines to early 2022.\nMy overall rating is bearish.\n\nPhoto by jetcityimage/iStock Editorial via Getty Images\nTesla(NASDAQ:TSLA)has a trailing twelve-month P/E of 1,226 (Source: eTrade) and a forward P/E of 180 (Source: Seeking Alpha). At these levels of P/E ratio, the vast majority of Tesla’s valuation depends on earnings growth, as with other fast-growing companies. It is not surprising that TSLA stock dropped substantially during concerns about rising rates in early 2021. Companies for which the valuations depend on future rapid earnings growth will tend to be very sensitive to rates, because rising rates increase the discount rate applied to future earnings and the impact of this increase is much higher for earnings further into the future. Especially in cases in which a stock’s value is sensitive to justifiably variable assumptions about future earnings, considering a range of possible outcomes is important. Put in statistical terms, systems with low predictability are best analyzed using ensemble forecasts rather than point forecasts.\nPrice history and basic statistics for TSLA (Source: Seeking Alpha)\nMy approach to equity analysis is from a statistical standpoint rather than bottom-up fundamental valuation. I can offer no unique insight into Tesla’s technology, how quickly Tesla will grow its sales or as to the impact of competition from other car manufacturers. If you are looking for one more equity analyst’s opinion, this article is not for you. In this article, I compare two different consensus outlooks for the stock. The first is the consensus rating and price target from the Wall Street equity analysts who follow the company. The second consensus view is the market-implied outlook which is derived from the prices at which options are trading. This is, in effect, the consensus opinion of all of the buyers and sellers of options on TSLA. Market-implied outlooks are quite common in quantitative finance but tend to be less familiar to investors and advisors. I have written an overview post that provides examples and links to the finance literature and an implementation of market-implied outlooks by the Minneapolis Federal Reserve Bank.\nWall Street Analyst Ratings\nEspecially for a company like Tesla, which is innovating and evolving rapidly in a market that is also growing and changing quickly, the consensus outlook of equity analysts is of interest. Each analyst will apply their own assumptions and estimates, and the consensus will tend to emphasize the common aspects and damp out the outliers. In addition, the dispersion among the analysts provides a sense of uncertainty. The higher the dispersion among price targets, for example, the less predictive the consensus target tends to be.\neTrade’s calculation of the Wall Street consensus combines the view of 27 ranked analysts who have rated the stock and provided 12-month price targets over the past 90 days. The consensus rating is neutral (HOLD) and the consensus 12-month price target is 6.5% below the current share price. The spread in the price targets is enormous, with the highest price target almost 8.9 times the lowest price target. The lowest 12-month target, $135, is not an extreme outlier. There are also analysts with price targets of $150 and $180 as well as three analysts with price targets between $200 and $300.\nWall Street analyst consensus rating and 12-month price target for TSLA (Source: eTrade)\nSeeking Alpha’s calculation for the Wall Street consensus combines the outlooks of 35 analysts. The consensus rating is neutral, with a price target of $636.47, which is 15% below the current price.\nWall Street analyst consensus rating and price target for TSLA (Source: Seeking Alpha)\nThe wide range of analyst opinions is also captured in the pie chart of ratings. There are 14 analysts with bullish ratings, 13 with neutral ratings, and 8 with bearish ratings.\nMarket-Implied Outlook\nThe buyers and sellers of options on TSLA are placing bets on the probabilities of the price rising above (call options) or falling below (put options) a specific price (the strike price) between now and the expiration date of the options. By combining the prices of call options and put options at a range of strikes and the same expiration date, it is possible to calculate the probability distribution of price returns (between now and the expiration date) that reconcile all of the options prices. This probabilistic outlook for price returns is referred to as the market-implied (aka option-implied) outlook and represents the consensus outlook of the options market. The market-implied outlook provides an interesting complement to the Wall Street analyst outlook.\nI have analyzed options on TSLA that expire on January 21, 2022 to provide the market-implied outlook for the next 9.25 months (between now and that date). The market-implied outlook is charted in the form of a standard probability distribution of returns, with probability on the vertical axis and price return on the horizontal axis, going from most negative on the left to most positive on the right.\nMarket-implied price return probabilities for TSLA for the period from today until January 21, 2022 (Source: author’s calculations using options quotes from eTrade)\nWhat is immediately obvious in the market-implied outlook for the next 9.25 months is the very high positive skewness in returns. The single most-probable price return over this period is -34% and the median return is -18% (There is equal probability of being above or below the median). There is, however, an extremely long positive tail on the distribution, such that there is a low but meaningful probability of exceedingly high returns. This is a bearish outlook, with the most probable outcomes being substantially negative price returns over the next 9.25 months.\nThe annualized volatility of TSLA derived from this distribution is 69%, which is very high for a large cap or mid cap stock. To put this in context, I recently calculated 62% annualized volatility for Snowflake (SNOW) using the same type of analysis.\nIn my analyses using the market-implied outlook, I often rotate the negative return side of the distribution about the vertical axis in order to make it easier to see the relative probabilities of positive and negative returns of the same magnitude (see chart below). I provide this view to make it easier to compare the market-implied outlook for TSLA to some of my other analysis.\nMarket-implied price return probabilities for TSLA for the period from today until January 21, 2022 and with the negative return side of the chart rotated about the vertical axis (Source: author’s calculations using options quotes from eTrade)\nThis chart looks very similar to the market-implied outlook for Teladoc from February, for example. I have been seeing this form of market-implied outlook for a range of tech stocks in recent months. The common characteristics are high positive skewness and prevailing probabilities tilted to price declines.\nAnother view of the market-implied outlook is in terms of the percentiles of the outcomes (this is referred to as the cumulative probability distribution). The percentiles show the probability of having a return above or below a specific level (see chart below).\nPercentiles of market-implied price return probabilities for TSLA for the period from today until January 21, 2022 (Source: author’s calculations using options quotes from eTrade)\nThere is a 64% probability of having a price return less than or equal to zero for the 9.25 month period (where the percentile curve crosses zero return). The skewness effect is easy to see here. The 20th percentile return is -44%, which means that there is a 20% probability of having a price return of -44% or worse over the next 9.25 months. The 10th percentile is -59%. The 80th percentile is +47% and the 90th percentile is +88%. The extreme percentiles illustrate the skewness. There is a 10% probability of having returns less than or equal to -59% (the 10th percentile) and there is a 10% chance of having a return greater than +88% (the 90th percentile).\nThere is a very active options market on TSLA, so the market-implied outlook is of considerable interest. The consensus outlook of the options traders suggests that the highest-probability outcomes over the next 9.25 months are price declines, a bearish view. There is also an elevated potential, albeit with low probability, for out-sized positive returns.\nSummary\nTesla is a remarkable company that has transformed and continues to lead the market for electric vehicles. Because the technology, the business, and the policy and regulation around electric vehicles is evolving so quickly, I believe it is especially important to analyze TSLA by looking at the range of forecasts. The Wall Street consensus provides one approach to capturing uncertainty by looking at the dispersion in price targets. The market-implied outlook provides a particularly relevant probabilistic outlook. The Wall Street consensus is that TSLA is currently overpriced, with a consensus 12-month price target implying a return of -6.5% to -15%. The dispersion in analyst price targets is enormous, varying by a factor of 9X. The market-implied outlook gives a median price return of -18%, with the single most-probable price return (the mode of the distribution) equal to -34%, for the next 9.25 months. The annualized volatility derived from the market-implied outlook is 69%. My final rating is bearish. There is the potential for enormous positive returns, but the prevailing odds point towards price declines.","news_type":1},"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}