Veldin personal page - To The Moon

Veldin

Veldin

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2021-07-31

Err… this isn’t a 13-year bull market. This current bull market began on 23 Mar 2020 so it’s less than1.5 years old. The previous bull market lasted from Mar 2009 - Mar 2020. It ended when the covid-induced bear market happened in 2020.

Here’s your to-do list before the stock market’s next dive

2021-08-09

Yes, human activities do cause climate change, butthere is zero evidence that climate change would lead to doomsday. Plenty of climate change alarmists have predicted the end of the world, only to end up being wrong and looking foolish.

‘Nowhere to run, nowhere to hide.’ UN climate report warns of ‘code red for humanity.’

2021-07-11

Be careful

The Meme Stock Trade Is Far From Over. What Investors Need to Know.

2021-07-07

Regulatory risk is always present.

Sorry, the original content has been removed

2022-05-12

Ok

Sorry, the original content has been removed

2021-07-08

Nice

Stocks making the biggest moves after hours: WD-40, Camping World, KeyCorp & more

2022-10-01

$TENCENT(00700)$G

2023-02-28

Do or do not. Or in between. There is no try, except when there is. Maybe.

2022-12-26

$TENCENT(00700)$

2022-09-17

$XIAOMI-W(01810)$G

2022-08-26

Wow how smart, sounds like the author is the sort who sells low and buys high.

Nvidia Stock: Get Out Now

2022-12-23

2022-09-24

$XIAOMI-W(01810)$I

2022-09-23

$XIAOMI-W(01810)$H

2022-09-21

2022-09-14

$XIAOMI-W(01810)$G

2022-08-09

$DBS GROUP HOLDINGS LTD(D05.SI)$m

2022-08-04

$TENCENT(00700)$L

2022-07-22

2022-07-11

Go to Tiger App to see more news

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data-views=\"1\"></v-v>","text":"$Apple(AAPL)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9929937657","isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9920658682,"gmtCreate":1670485886346,"gmtModify":1676538378393,"author":{"id":"3581838843201713","authorId":"3581838843201713","name":"Veldin","avatar":"https://static.tigerbbs.com/1066c001ce0c01a3b97656619c989986","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581838843201713","authorIdStr":"3581838843201713"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/00700\">$TENCENT(00700)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/00700\">$TENCENT(00700)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$TENCENT(00700)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9920658682","isVote":1,"tweetType":1,"viewCount":319,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9920004854,"gmtCreate":1670386845578,"gmtModify":1676538358257,"author":{"id":"3581838843201713","authorId":"3581838843201713","name":"Veldin","avatar":"https://static.tigerbbs.com/1066c001ce0c01a3b97656619c989986","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581838843201713","authorIdStr":"3581838843201713"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$Alibaba(09988)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9920004854","isVote":1,"tweetType":1,"viewCount":198,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9967642383,"gmtCreate":1670324497842,"gmtModify":1676538344239,"author":{"id":"3581838843201713","authorId":"3581838843201713","name":"Veldin","avatar":"https://static.tigerbbs.com/1066c001ce0c01a3b97656619c989986","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581838843201713","authorIdStr":"3581838843201713"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$Apple(AAPL)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9967642383","isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9967955178,"gmtCreate":1670253379794,"gmtModify":1676538330275,"author":{"id":"3581838843201713","authorId":"3581838843201713","name":"Veldin","avatar":"https://static.tigerbbs.com/1066c001ce0c01a3b97656619c989986","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581838843201713","authorIdStr":"3581838843201713"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$Apple(AAPL)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9967955178","isVote":1,"tweetType":1,"viewCount":144,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":802362334,"gmtCreate":1627719808728,"gmtModify":1703495202329,"author":{"id":"3581838843201713","authorId":"3581838843201713","name":"Veldin","avatar":"https://static.tigerbbs.com/1066c001ce0c01a3b97656619c989986","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581838843201713","authorIdStr":"3581838843201713"},"themes":[],"htmlText":"Err… this isn’t a 13-year bull&nbsp;market. This current bull market began on 23 Mar 2020 so it’s less than1.5 years old.&nbsp;The previous&nbsp;bull market lasted from Mar 2009 - Mar 2020. It ended when the covid-induced bear market happened in 2020.","listText":"Err… this isn’t a 13-year bull&nbsp;market. This current bull market began on 23 Mar 2020 so it’s less than1.5 years old.&nbsp;The previous&nbsp;bull market lasted from Mar 2009 - Mar 2020. It ended when the covid-induced bear market happened in 2020.","text":"Err… this isn’t a 13-year bull market. This current bull market began on 23 Mar 2020 so it’s less than1.5 years old. The previous bull market lasted from Mar 2009 - Mar 2020. It ended when the covid-induced bear market happened in 2020.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/802362334","repostId":"1127411624","repostType":4,"repost":{"id":"1127411624","kind":"news","pubTimestamp":1627715622,"share":"https://ttm.financial/m/news/1127411624?lang=&edition=fundamental","pubTime":"2021-07-31 15:13","market":"us","language":"en","title":"Here’s your to-do list before the stock market’s next dive","url":"https://stock-news.laohu8.com/highlight/detail?id=1127411624","media":"MarketWatch","summary":"After hibernating for months, the stock-market bears came out of their caves on July 19. That day, t","content":"<p>After hibernating for months, the stock-market bears came out of their caves on July 19. That day, the Dow Jones Industrial AverageDJIA,-0.42%tumbled 725 points or 2.1%. The bears hit a home run — at least for a day.</p>\n<p>As usual, everyone wanted to know why the market fell, and the analysts had prepared answers, from COVID-19’s Delta variant to the Consumer Price Index to overbought technical indicators.</p>\n<p>The truth is that nobody knows. People have multiple reasons for selling, so it’s ridiculous to blame one event. That said, a big contributor to the decline was automatic, computer-generated selling. Once large market participants, especially algos, started selling, there was a mad rush out of the door. No one wanted to be the last one out, so retail traders and institutions sold in a panic, which got more intense as the day went on.</p>\n<p>Technical indicators contributed as well: The weekly relative strength indicator (RSI) has been remarkably accurate in warning of a market reversal. Once RSI goes over 70 and stays there, buyers beware.&nbsp; After the July 26 market close, the RSI of the S&amp;P 500SPX,-0.54%stood at 71.36 on the weekly chart — an extremely overbought reading. Does this mean that the index is going to plunge tomorrow? No one knows. But RSI is giving a clue that the U.S. market is in the danger zone.</p>\n<p><b>The bad news bears can’t catch a break</b></p>\n<p>Before the bears could say, “I told you so,” the next day, July 20, the 700-plus point Dow selloff was erased by a 550-point Dow rally. The bulls forgot about the selloff and returned to celebrating, and gulping glass after glass of their favorite drink, “bull-ade.” Once again, the storm passed, but this time a little fear creeped into the bulls’ psyche. Before, the only fear was the fear of missing out on the next rally. Now, many investors realize the market can actually go down.</p>\n<p><b>What to do now</b></p>\n<p>The next time the market plunges and you’re experiencing a variety of emotions, the following guide might help:</p>\n<p><b>1. If you’re panicked</b>: Don’t do something; sit there. Do not buy, do not sell, just sit tight. In fact, turn off the computer or other devices. Don’t fret over how much paper money you lost that day. Exercise, walk, run, swim, ride a bike. Your goal is to reduce emotions so you can get a good night’s sleep. When the market stabilizes, reevaluate what you own. Do not make any big financial decisions on days like this.</p>\n<p><b>2. If you’re afraid</b>: Take it easy. The selloff will end eventually. There is no reason to panic. Again, reevaluate what you own when the market comes to its senses.</p>\n<p><b>3. If you’re unaffected:</b>Still, check your portfolio to make sure you are properly diversified. While it’s find to not care if the market falls, be sure you are hedged for a worst-case scenario. One day there will be a bear market that will last months or years. Be prepared.</p>\n<p><b>What specific actions should you take?</b></p>\n<p>Now that you’ve taken care of your emotional health, there are other financial decisions you can make. Let’s take a look atsome strategies and tacticsthat may help:</p>\n<ol>\n <li>Sell if the stocks or indexes you own fall below their 200-day moving averages. Note: The major indexes such as the Standard &amp; Poor’s 500SPX,-0.54%have not fallen below (and stayed below) their 200-day averages for a decade. When they do eventually, that is a clear sell signal.</li>\n <li>Create a long-term investment plan and follow it no matter what happens in the short term.</li>\n <li>Dollar-cost average into index funds.</li>\n <li>Diversify. This is the key to success in the stock market and in life. If you own only stocks, consider bonds, but talk to a financial professional (not your neighbor) before taking this step.</li>\n <li>Buy the big dips. This strategy still works. If you had bought the dip on July 19, you would have cleaned up on July 20. One day this strategy won’t work, but that day hasn’t come yet.</li>\n <li>Sell covered-call options. This is still an excellent way to generate extra income. This strategy is also ideal for disposing of unwanted stocks, and getting paid for it.</li>\n</ol>\n<p><b>Plan for the next correction or bear market</b></p>\n<p>After a 13-year bull market, the clock is ticking for U.S. stocks. While the bulls scored another victory this time, one day the market won’t reverse direction and will begin a steep correction, or worse yet, a bear market. That’s when you will be glad that you have a plan and an investment script to follow on the worst days.</p>\n<p>Know what you own, sell to the “sleep-well” point and diversify into a variety of financial products including cash and bonds. This way, when the market plunges again, you won’t make knee-jerk emotional decisions or suffer an anxiety attack.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here’s your to-do list before the stock market’s next dive</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere’s your to-do list before the stock market’s next dive\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-31 15:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/heres-your-to-do-list-before-the-stock-markets-next-dive-11627360870?mod=article_inline><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After hibernating for months, the stock-market bears came out of their caves on July 19. That day, the Dow Jones Industrial AverageDJIA,-0.42%tumbled 725 points or 2.1%. The bears hit a home run — at ...</p>\n\n<a href=\"https://www.marketwatch.com/story/heres-your-to-do-list-before-the-stock-markets-next-dive-11627360870?mod=article_inline\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.marketwatch.com/story/heres-your-to-do-list-before-the-stock-markets-next-dive-11627360870?mod=article_inline","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127411624","content_text":"After hibernating for months, the stock-market bears came out of their caves on July 19. That day, the Dow Jones Industrial AverageDJIA,-0.42%tumbled 725 points or 2.1%. The bears hit a home run — at least for a day.\nAs usual, everyone wanted to know why the market fell, and the analysts had prepared answers, from COVID-19’s Delta variant to the Consumer Price Index to overbought technical indicators.\nThe truth is that nobody knows. People have multiple reasons for selling, so it’s ridiculous to blame one event. That said, a big contributor to the decline was automatic, computer-generated selling. Once large market participants, especially algos, started selling, there was a mad rush out of the door. No one wanted to be the last one out, so retail traders and institutions sold in a panic, which got more intense as the day went on.\nTechnical indicators contributed as well: The weekly relative strength indicator (RSI) has been remarkably accurate in warning of a market reversal. Once RSI goes over 70 and stays there, buyers beware.  After the July 26 market close, the RSI of the S&P 500SPX,-0.54%stood at 71.36 on the weekly chart — an extremely overbought reading. Does this mean that the index is going to plunge tomorrow? No one knows. But RSI is giving a clue that the U.S. market is in the danger zone.\nThe bad news bears can’t catch a break\nBefore the bears could say, “I told you so,” the next day, July 20, the 700-plus point Dow selloff was erased by a 550-point Dow rally. The bulls forgot about the selloff and returned to celebrating, and gulping glass after glass of their favorite drink, “bull-ade.” Once again, the storm passed, but this time a little fear creeped into the bulls’ psyche. Before, the only fear was the fear of missing out on the next rally. Now, many investors realize the market can actually go down.\nWhat to do now\nThe next time the market plunges and you’re experiencing a variety of emotions, the following guide might help:\n1. If you’re panicked: Don’t do something; sit there. Do not buy, do not sell, just sit tight. In fact, turn off the computer or other devices. Don’t fret over how much paper money you lost that day. Exercise, walk, run, swim, ride a bike. Your goal is to reduce emotions so you can get a good night’s sleep. When the market stabilizes, reevaluate what you own. Do not make any big financial decisions on days like this.\n2. If you’re afraid: Take it easy. The selloff will end eventually. There is no reason to panic. Again, reevaluate what you own when the market comes to its senses.\n3. If you’re unaffected:Still, check your portfolio to make sure you are properly diversified. While it’s find to not care if the market falls, be sure you are hedged for a worst-case scenario. One day there will be a bear market that will last months or years. Be prepared.\nWhat specific actions should you take?\nNow that you’ve taken care of your emotional health, there are other financial decisions you can make. Let’s take a look atsome strategies and tacticsthat may help:\n\nSell if the stocks or indexes you own fall below their 200-day moving averages. Note: The major indexes such as the Standard & Poor’s 500SPX,-0.54%have not fallen below (and stayed below) their 200-day averages for a decade. When they do eventually, that is a clear sell signal.\nCreate a long-term investment plan and follow it no matter what happens in the short term.\nDollar-cost average into index funds.\nDiversify. This is the key to success in the stock market and in life. If you own only stocks, consider bonds, but talk to a financial professional (not your neighbor) before taking this step.\nBuy the big dips. This strategy still works. If you had bought the dip on July 19, you would have cleaned up on July 20. One day this strategy won’t work, but that day hasn’t come yet.\nSell covered-call options. This is still an excellent way to generate extra income. This strategy is also ideal for disposing of unwanted stocks, and getting paid for it.\n\nPlan for the next correction or bear market\nAfter a 13-year bull market, the clock is ticking for U.S. stocks. While the bulls scored another victory this time, one day the market won’t reverse direction and will begin a steep correction, or worse yet, a bear market. That’s when you will be glad that you have a plan and an investment script to follow on the worst days.\nKnow what you own, sell to the “sleep-well” point and diversify into a variety of financial products including cash and bonds. This way, when the market plunges again, you won’t make knee-jerk emotional decisions or suffer an anxiety attack.","news_type":1},"isVote":1,"tweetType":1,"viewCount":533,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574851563436207","authorId":"3574851563436207","name":"sjcy","avatar":"https://static.tigerbbs.com/487e7915540a102784b62ddbbb7208f1","crmLevel":2,"crmLevelSwitch":0,"idStr":"3574851563436207","authorIdStr":"3574851563436207"},"content":"haha. true that.","text":"haha. true that.","html":"haha. true that."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898505222,"gmtCreate":1628506980366,"gmtModify":1703507237955,"author":{"id":"3581838843201713","authorId":"3581838843201713","name":"Veldin","avatar":"https://static.tigerbbs.com/1066c001ce0c01a3b97656619c989986","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581838843201713","authorIdStr":"3581838843201713"},"themes":[],"htmlText":"Yes, human activities do cause climate change, butthere is zero evidence that climate change would lead to doomsday. Plenty of climate change alarmists have predicted the end of the world, only to end up being wrong and looking foolish.&nbsp;","listText":"Yes, human activities do cause climate change, butthere is zero evidence that climate change would lead to doomsday. Plenty of climate change alarmists have predicted the end of the world, only to end up being wrong and looking foolish.&nbsp;","text":"Yes, human activities do cause climate change, butthere is zero evidence that climate change would lead to doomsday. Plenty of climate change alarmists have predicted the end of the world, only to end up being wrong and looking foolish.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/898505222","repostId":"2158958417","repostType":4,"repost":{"id":"2158958417","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1628501700,"share":"https://ttm.financial/m/news/2158958417?lang=&edition=fundamental","pubTime":"2021-08-09 17:35","market":"fut","language":"en","title":"‘Nowhere to run, nowhere to hide.’ UN climate report warns of ‘code red for humanity.’","url":"https://stock-news.laohu8.com/highlight/detail?id=2158958417","media":"Reuters","summary":"* Human activities 'unequivocally' causing climate change\n* World is likely to hit 1.5C warming limi","content":"<p>* Human activities 'unequivocally' causing climate change</p>\n<p>* World is likely to hit 1.5C warming limit within 20 years</p>\n<p>* Greenland’s melting, sea level rise and other impacts locked in</p>\n<p>Aug 9 (Reuters) - The U.N. climate panel sounded a dire warning Monday, saying the world is dangerously close to runaway warming – and that humans are \"unequivocally\" to blame.</p>\n<p>Already, greenhouse gas levels in the atmosphere are high enough to guarantee climate disruption for decades if not centuries, scientists warn in a report from the Intergovernmental Panel on Climate Change <a href=\"https://laohu8.com/S/IPCC\">$(IPCC)$</a>.</p>\n<p>That’s on top of the deadly heat waves, powerful hurricanes and other weather extremes that are happening now and are likely to become more severe.</p>\n<p>Describing the report as a \"code red for humanity,\" U.N. Secretary-General António Guterres urged an immediate end to coal energy and other high-polluting fossil fuels.</p>\n<p>“The alarm bells are deafening,” Guterres said in a statement. “This report must sound a death knell for coal and fossil fuels, before they destroy our planet.”</p>\n<p>The IPCC report comes just three months before a major U.N. climate conference in Glasgow, Scotland, where nations will be under pressure to pledge ambitious climate action and substantial financing.</p>\n<p>Drawing on more than 14,000 scientific studies, the report gives the most comprehensive and detailed picture yet of how climate change is altering the natural world -- and what still could be ahead.</p>\n<p>Unless immediate, rapid and large-scale action is taken to reduce emissions, the report says, the average global temperature will likely cross the 1.5-degree Celsius warming threshold within the next 20 years.</p>\n<p>So far, nations’ pledges to cut emissions&nbsp;have been inadequate for bringing down the level of greenhouse gases accumulated in the atmosphere.</p>\n<p>Reacting to the findings, governments and campaigners expressed alarm.</p>\n<p>“The IPCC report underscores the overwhelming urgency of this moment,” U.S. climate envoy John Kerry said in a statement. “The world must come together before the ability to limit global warming to 1.5 degrees Celsius is out of reach.”</p>\n<p>IRREVERSIBLE CHANGE</p>\n<p>Emissions “unequivocally caused by human activities” have pushed today’s average global temperature 1.1C higher than the preindustrial average -- and would have pushed it 0.5C further if not for the tempering effect of pollution in the atmosphere, the report says.</p>\n<p>That means that, as societies transition away from fossil fuels, much of the aerosols in the air would vanish -- and temperatures could spike.</p>\n<p>Scientists warn that warming more than 1.5C above the preindustrial average could trigger runaway climate change with catastrophic impacts, such as heat so intense that crops fail or people die just from being outdoors.</p>\n<p>Every additional 0.5C of warming will also boost the intensity and frequency of heat extremes and heavy rainfall, as well as droughts in some regions. Because temperatures fluctuate from year to year, scientists measure climate warming in terms of 20-year averages.</p>\n<p>\"We have all the evidence we need to show we are in a climate crisis,\" said three-time IPCC co-author Sonia Seneviratne, a climate scientist at ETH Zurich who doubts she will sign up for a fourth report. \"Policy makers have enough information. You can ask: Is it a meaningful use of scientists' time, if nothing is being done?\"</p>\n<p>The 1.1C warming already recorded has been enough to unleash disastrous weather. This year, heat waves killed hundreds in the Pacific Northwest and smashed records around the world. Wildfires fueled by heat and drought are sweeping away entire towns in the U.S. West, releasing record emissions from Siberian forests, and driving Greeks to flee their lands by ferry. (Graphic on warming planet)</p>\n<p>\"Every bit of warming matters,\" said IPCC co-author Ed Hawkins, a climate scientist at the University of Reading in Britain. \"The consequences get worse and worse as we get warmer.\"</p>\n<p>Greenland’s ice sheet is \"virtually certain\" to continue melting. Oceans will keep warming, with surface levels rising for centuries to come.</p>\n<p>It’s too late to prevent these particular changes. The best the world can do is to slow them down so that countries have more time to prepare and adapt.</p>\n<p>“We are now committed to some aspects of climate change, some of which are irreversible for hundreds to thousands of years,” said IPCC co-author Tamsin Edwards, a climate scientist at King’s College London. “But the more we limit warming, the more we can avoid or slow down those changes.”</p>\n<p>‘WE STILL HAVE CHOICES TO MAKE’</p>\n<p>But even to slow climate change, the report says, the world is running out of time.</p>\n<p>If the world drastically cuts emissions in the next decade, average temperatures could still rise 1.5C by 2040 and possibly 1.6C by 2060 before stabilizing.</p>\n<p>If the world does not cut emissions dramatically and instead continues the current trajectory, the planet could see 2.0C warming by 2060 and 2.7C by the century’s end.</p>\n<p>The earth has not been that warm since the Pliocene Epoch roughly 3 million years ago -- when the first ancestors to humans were appearing and oceans were 25 meters (82 feet) higher than today.</p>\n<p>It could get even worse, if warming triggers feedback loops that release even more climate-warming carbon emissions -- such as the melting of Arctic permafrost or the dieback of global forests. Under these high-emissions scenarios, Earth could broil at temperatures 4.4C above the preindustrial average by 2081-2100.</p>\n<p>“We have already changed our planet, and some of those changes we will have to live with for centuries and millennia to come,” said IPCC co-author Joeri Rogelj, a climate scientist at Imperial College London.</p>\n<p>The question now, he said, is how many more irreversible changes we avoid: \"We still have choices to make.\"</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>‘Nowhere to run, nowhere to hide.’ UN climate report warns of ‘code red for humanity.’</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\">\n‘Nowhere to run, nowhere to hide.’ UN climate report warns of ‘code red for humanity.’\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-09 17:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Human activities 'unequivocally' causing climate change</p>\n<p>* World is likely to hit 1.5C warming limit within 20 years</p>\n<p>* Greenland’s melting, sea level rise and other impacts locked in</p>\n<p>Aug 9 (Reuters) - The U.N. climate panel sounded a dire warning Monday, saying the world is dangerously close to runaway warming – and that humans are \"unequivocally\" to blame.</p>\n<p>Already, greenhouse gas levels in the atmosphere are high enough to guarantee climate disruption for decades if not centuries, scientists warn in a report from the Intergovernmental Panel on Climate Change <a href=\"https://laohu8.com/S/IPCC\">$(IPCC)$</a>.</p>\n<p>That’s on top of the deadly heat waves, powerful hurricanes and other weather extremes that are happening now and are likely to become more severe.</p>\n<p>Describing the report as a \"code red for humanity,\" U.N. Secretary-General António Guterres urged an immediate end to coal energy and other high-polluting fossil fuels.</p>\n<p>“The alarm bells are deafening,” Guterres said in a statement. “This report must sound a death knell for coal and fossil fuels, before they destroy our planet.”</p>\n<p>The IPCC report comes just three months before a major U.N. climate conference in Glasgow, Scotland, where nations will be under pressure to pledge ambitious climate action and substantial financing.</p>\n<p>Drawing on more than 14,000 scientific studies, the report gives the most comprehensive and detailed picture yet of how climate change is altering the natural world -- and what still could be ahead.</p>\n<p>Unless immediate, rapid and large-scale action is taken to reduce emissions, the report says, the average global temperature will likely cross the 1.5-degree Celsius warming threshold within the next 20 years.</p>\n<p>So far, nations’ pledges to cut emissions&nbsp;have been inadequate for bringing down the level of greenhouse gases accumulated in the atmosphere.</p>\n<p>Reacting to the findings, governments and campaigners expressed alarm.</p>\n<p>“The IPCC report underscores the overwhelming urgency of this moment,” U.S. climate envoy John Kerry said in a statement. “The world must come together before the ability to limit global warming to 1.5 degrees Celsius is out of reach.”</p>\n<p>IRREVERSIBLE CHANGE</p>\n<p>Emissions “unequivocally caused by human activities” have pushed today’s average global temperature 1.1C higher than the preindustrial average -- and would have pushed it 0.5C further if not for the tempering effect of pollution in the atmosphere, the report says.</p>\n<p>That means that, as societies transition away from fossil fuels, much of the aerosols in the air would vanish -- and temperatures could spike.</p>\n<p>Scientists warn that warming more than 1.5C above the preindustrial average could trigger runaway climate change with catastrophic impacts, such as heat so intense that crops fail or people die just from being outdoors.</p>\n<p>Every additional 0.5C of warming will also boost the intensity and frequency of heat extremes and heavy rainfall, as well as droughts in some regions. Because temperatures fluctuate from year to year, scientists measure climate warming in terms of 20-year averages.</p>\n<p>\"We have all the evidence we need to show we are in a climate crisis,\" said three-time IPCC co-author Sonia Seneviratne, a climate scientist at ETH Zurich who doubts she will sign up for a fourth report. \"Policy makers have enough information. You can ask: Is it a meaningful use of scientists' time, if nothing is being done?\"</p>\n<p>The 1.1C warming already recorded has been enough to unleash disastrous weather. This year, heat waves killed hundreds in the Pacific Northwest and smashed records around the world. Wildfires fueled by heat and drought are sweeping away entire towns in the U.S. West, releasing record emissions from Siberian forests, and driving Greeks to flee their lands by ferry. (Graphic on warming planet)</p>\n<p>\"Every bit of warming matters,\" said IPCC co-author Ed Hawkins, a climate scientist at the University of Reading in Britain. \"The consequences get worse and worse as we get warmer.\"</p>\n<p>Greenland’s ice sheet is \"virtually certain\" to continue melting. Oceans will keep warming, with surface levels rising for centuries to come.</p>\n<p>It’s too late to prevent these particular changes. The best the world can do is to slow them down so that countries have more time to prepare and adapt.</p>\n<p>“We are now committed to some aspects of climate change, some of which are irreversible for hundreds to thousands of years,” said IPCC co-author Tamsin Edwards, a climate scientist at King’s College London. “But the more we limit warming, the more we can avoid or slow down those changes.”</p>\n<p>‘WE STILL HAVE CHOICES TO MAKE’</p>\n<p>But even to slow climate change, the report says, the world is running out of time.</p>\n<p>If the world drastically cuts emissions in the next decade, average temperatures could still rise 1.5C by 2040 and possibly 1.6C by 2060 before stabilizing.</p>\n<p>If the world does not cut emissions dramatically and instead continues the current trajectory, the planet could see 2.0C warming by 2060 and 2.7C by the century’s end.</p>\n<p>The earth has not been that warm since the Pliocene Epoch roughly 3 million years ago -- when the first ancestors to humans were appearing and oceans were 25 meters (82 feet) higher than today.</p>\n<p>It could get even worse, if warming triggers feedback loops that release even more climate-warming carbon emissions -- such as the melting of Arctic permafrost or the dieback of global forests. Under these high-emissions scenarios, Earth could broil at temperatures 4.4C above the preindustrial average by 2081-2100.</p>\n<p>“We have already changed our planet, and some of those changes we will have to live with for centuries and millennia to come,” said IPCC co-author Joeri Rogelj, a climate scientist at Imperial College London.</p>\n<p>The question now, he said, is how many more irreversible changes we avoid: \"We still have choices to make.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158958417","content_text":"* Human activities 'unequivocally' causing climate change\n* World is likely to hit 1.5C warming limit within 20 years\n* Greenland’s melting, sea level rise and other impacts locked in\nAug 9 (Reuters) - The U.N. climate panel sounded a dire warning Monday, saying the world is dangerously close to runaway warming – and that humans are \"unequivocally\" to blame.\nAlready, greenhouse gas levels in the atmosphere are high enough to guarantee climate disruption for decades if not centuries, scientists warn in a report from the Intergovernmental Panel on Climate Change $(IPCC)$.\nThat’s on top of the deadly heat waves, powerful hurricanes and other weather extremes that are happening now and are likely to become more severe.\nDescribing the report as a \"code red for humanity,\" U.N. Secretary-General António Guterres urged an immediate end to coal energy and other high-polluting fossil fuels.\n“The alarm bells are deafening,” Guterres said in a statement. “This report must sound a death knell for coal and fossil fuels, before they destroy our planet.”\nThe IPCC report comes just three months before a major U.N. climate conference in Glasgow, Scotland, where nations will be under pressure to pledge ambitious climate action and substantial financing.\nDrawing on more than 14,000 scientific studies, the report gives the most comprehensive and detailed picture yet of how climate change is altering the natural world -- and what still could be ahead.\nUnless immediate, rapid and large-scale action is taken to reduce emissions, the report says, the average global temperature will likely cross the 1.5-degree Celsius warming threshold within the next 20 years.\nSo far, nations’ pledges to cut emissions have been inadequate for bringing down the level of greenhouse gases accumulated in the atmosphere.\nReacting to the findings, governments and campaigners expressed alarm.\n“The IPCC report underscores the overwhelming urgency of this moment,” U.S. climate envoy John Kerry said in a statement. “The world must come together before the ability to limit global warming to 1.5 degrees Celsius is out of reach.”\nIRREVERSIBLE CHANGE\nEmissions “unequivocally caused by human activities” have pushed today’s average global temperature 1.1C higher than the preindustrial average -- and would have pushed it 0.5C further if not for the tempering effect of pollution in the atmosphere, the report says.\nThat means that, as societies transition away from fossil fuels, much of the aerosols in the air would vanish -- and temperatures could spike.\nScientists warn that warming more than 1.5C above the preindustrial average could trigger runaway climate change with catastrophic impacts, such as heat so intense that crops fail or people die just from being outdoors.\nEvery additional 0.5C of warming will also boost the intensity and frequency of heat extremes and heavy rainfall, as well as droughts in some regions. Because temperatures fluctuate from year to year, scientists measure climate warming in terms of 20-year averages.\n\"We have all the evidence we need to show we are in a climate crisis,\" said three-time IPCC co-author Sonia Seneviratne, a climate scientist at ETH Zurich who doubts she will sign up for a fourth report. \"Policy makers have enough information. You can ask: Is it a meaningful use of scientists' time, if nothing is being done?\"\nThe 1.1C warming already recorded has been enough to unleash disastrous weather. This year, heat waves killed hundreds in the Pacific Northwest and smashed records around the world. Wildfires fueled by heat and drought are sweeping away entire towns in the U.S. West, releasing record emissions from Siberian forests, and driving Greeks to flee their lands by ferry. (Graphic on warming planet)\n\"Every bit of warming matters,\" said IPCC co-author Ed Hawkins, a climate scientist at the University of Reading in Britain. \"The consequences get worse and worse as we get warmer.\"\nGreenland’s ice sheet is \"virtually certain\" to continue melting. Oceans will keep warming, with surface levels rising for centuries to come.\nIt’s too late to prevent these particular changes. The best the world can do is to slow them down so that countries have more time to prepare and adapt.\n“We are now committed to some aspects of climate change, some of which are irreversible for hundreds to thousands of years,” said IPCC co-author Tamsin Edwards, a climate scientist at King’s College London. “But the more we limit warming, the more we can avoid or slow down those changes.”\n‘WE STILL HAVE CHOICES TO MAKE’\nBut even to slow climate change, the report says, the world is running out of time.\nIf the world drastically cuts emissions in the next decade, average temperatures could still rise 1.5C by 2040 and possibly 1.6C by 2060 before stabilizing.\nIf the world does not cut emissions dramatically and instead continues the current trajectory, the planet could see 2.0C warming by 2060 and 2.7C by the century’s end.\nThe earth has not been that warm since the Pliocene Epoch roughly 3 million years ago -- when the first ancestors to humans were appearing and oceans were 25 meters (82 feet) higher than today.\nIt could get even worse, if warming triggers feedback loops that release even more climate-warming carbon emissions -- such as the melting of Arctic permafrost or the dieback of global forests. Under these high-emissions scenarios, Earth could broil at temperatures 4.4C above the preindustrial average by 2081-2100.\n“We have already changed our planet, and some of those changes we will have to live with for centuries and millennia to come,” said IPCC co-author Joeri Rogelj, a climate scientist at Imperial College London.\nThe question now, he said, is how many more irreversible changes we avoid: \"We still have choices to make.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":576,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148532541,"gmtCreate":1625986147283,"gmtModify":1703751682790,"author":{"id":"3581838843201713","authorId":"3581838843201713","name":"Veldin","avatar":"https://static.tigerbbs.com/1066c001ce0c01a3b97656619c989986","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581838843201713","authorIdStr":"3581838843201713"},"themes":[],"htmlText":"Be careful&nbsp;","listText":"Be careful&nbsp;","text":"Be careful","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/148532541","repostId":"1112201050","repostType":4,"repost":{"id":"1112201050","kind":"news","pubTimestamp":1625966101,"share":"https://ttm.financial/m/news/1112201050?lang=&edition=fundamental","pubTime":"2021-07-11 09:15","market":"us","language":"en","title":"The Meme Stock Trade Is Far From Over. What Investors Need to Know.","url":"https://stock-news.laohu8.com/highlight/detail?id=1112201050","media":"Barrons","summary":"It seemed to be only a matter of time.\nWhen GameStop (ticker: GME), BlackBerry (BB), and even the de","content":"<p>It seemed to be only a matter of time.</p>\n<p>When GameStop (ticker: GME), BlackBerry (BB), and even the desiccated carcass of Blockbuster suddenly sprang to life in January, the clock was already ticking for when they would crash again. Would it be hours, days, or weeks?</p>\n<p>It has now been half a year, and the core “meme stocks” are still trading at levels considered outrageous by people who have studied them for years. New names like&nbsp;Clover Health Investments(CLOV) and&nbsp;Newegg Commerce(NEGG) have recently popped up on message boards, and their stocks have popped, too.</p>\n<p>The collective efforts of millions of retail traders—long derided as “the dumb money”—have successfully held stocks aloft and forced naysayers to capitulate.</p>\n<p>That is true even as the companies they are betting on have shown scant signs of transforming their businesses, or turning profits that might justify their valuations. BlackBerry burned cash in its latest quarter and warned that its key cybersecurity division would hit the low end of its revenue guidance; the stock dipped on the news but has still more than doubled in the past year.</p>\n<p>While trading volume at the big brokers has come down slightly from its February peak, it remains two to three times as high as it was before the pandemic. And a startling amount of that activity is occurring in stocks favored by retail traders. The average daily value of shares traded in&nbsp;AMC Entertainment Holdings(AMC), for example, reached $13.1 billion in June, more than&nbsp;Apple’s(AAPL) $9.5 billion and Amazon.com’s (AMZN) $10.3 billion.</p>\n<p>Even as the coronavirus fades in the U.S., most new traders say they are committed to the hobby they learned during lockdown—58% of day traders in a Betterment survey said they are planning to trade even more in the future, and only 12% plan to trade less. Amateur pandemic bakers have stopped kneading sourdough loaves; traders are only getting hungrier.</p>\n<p>A sustained bear market would spoil such an appetite, as it did when the dot-com bubble burst. For now, dips are reasons to hold or buy.</p>\n<p><img src=\"https://static.tigerbbs.com/25a79e71371c165f9a3a5085931fc487\" tg-width=\"979\" tg-height=\"649\"></p>\n<p>“I’ve seen that the ‘buy the dip’ sentiment hasn’t relented for a moment,” wrote Brandon Luczek, an electronics technician for the U.S. Navy who trades with friends online, in an email to&nbsp;Barron’s.</p>\n<p>The meme stock surge has been propelled by a rise in trading by retail investors. In 2020, online brokers signed clients at a record pace, with more than 10 million people opening new accounts. That record will almost certainly be broken in 2021. Brokers had already added more than 10 million accounts less than halfway into the year, some of the top firms have disclosed.</p>\n<p>Meme stocks are both the cart and the horse of this phenomenon. Their sudden price spikes are driven by new investors, and then that action drives even more new people to invest. Millions of people downloaded investing apps in late January and early February just to be a part of the fun. A recent&nbsp;Charles Schwab(SCHW) survey found that 15% of all current traders began investing after 2020.</p>\n<p><img src=\"https://static.tigerbbs.com/167386c6881a258922ad62caaf7a05f4\" tg-width=\"971\" tg-height=\"644\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/8e29e3041b91070252ab9063d1a11fa2\" tg-width=\"975\" tg-height=\"642\"><img src=\"https://static.tigerbbs.com/f9cc1c0bd6368721c0eca87e25719f16\" tg-width=\"964\" tg-height=\"641\"></p>\n<p>The most prominent player in the surge is Robinhood, which said it had added 5.5 million funded accounts in the first quarter alone. But it isn’t alone. Fidelity, for instance, announced that it had attracted 1.6 million new customers under the age of 35 in the first quarter, 223% more than a year before.</p>\n<p>Under pressure from Robinhood’s zero-commission model, all of the major brokers cut commissions to zero in 2019. That opened the floodgates to a new group of customers—one that may not have as much spare cash to trade but is more active and diverse than its predecessors. And the brokers are cashing in. Fidelity is hoping to attract investors before they even have driver’s licenses, allowing children as young as 13 to open trading accounts. Robinhood is riding the momentum to an initial public offering that analysts expect to value it at more than 10 times its revenue.</p>\n<p>These new customers act differently than their older peers. For years, there was a “big gravitation toward ETFs,” says Chris Larkin, head of trading at E*Trade, which is now owned by Morgan Stanley (MS). But picking single stocks is clearly “the big story of 2021.”</p>\n<p>To be sure, equity exchange-traded funds are still doing well, as investors around the world bet on the pandemic recovery and avoid weak bond yields.</p>\n<p>But ETFs don’t light up the message boards like stocks do. Not that it has been a one-way ride for the top names. GameStop did dip in February, and Wall Street enjoyed a moment of schadenfreude. It didn’t last.</p>\n<p>“Like cicadas, meme traders returned in a wild blaze of activity after being seemingly underground for several months,” wrote Steve Sosnick, chief strategist at Interactive Brokers. Sosnick believes that the meme stocks tend to trade inversely to cryptocurrencies, because their fans rotate from one to the other as the momentum shifts.</p>\n<p>“I don’t think it’s strictly a coincidence that meme stocks roared back to life after a significant correction in Bitcoin and other cryptocurrencies,” he wrote.</p>\n<p>Sosnick considers meme stocks a “sector unto themselves,” one that he segregates on his computer monitor away from other stock tickers.</p>\n<p>Indeed, Wall Street’s reaction to the meme stock revolution has been to isolate the parts of the market that the pros deem irrational. Most short sellers won’t touch the stocks, and analysts are dropping coverage.</p>\n<p>But Wall Street can’t swat the retail army away like cicadas, or count on them disappearing for the next 17 years. Stock trading has permanently shifted. This year, retail activity accounts for 24% of equity volume, up from 15% in 2019. Adherents to the new creed are not passive observers willing to let Wall Street manage the markets.</p>\n<p><img src=\"https://static.tigerbbs.com/710e642d3b685b74f8c9dcaf46ef3e0b\" tg-width=\"968\" tg-height=\"643\"></p>\n<p>“What this really reflects is a reversal of the trends that we saw toward less and less engagement with individual companies,” says Joshua Mitts, a professor at Columbia Law School specializing in securities markets. “Technology is bringing the average investor closer to the companies in which he or she invests, and that’s just taking on new and unpredictable forms.”</p>\n<p>The swings you get can definitely make you feel some sort of way.</p>\n<p>— Matt Kohrs, 26, who streams stock analysis daily on YouTube</p>\n<p>It is now changing the lives of those who got in early and are still riding the names higher.</p>\n<p>Take Matt Kohrs, who had invested in AMC Entertainment early. He quit his job as a programmer in New York in February, moved to Philadelphia, and started streaming&nbsp;stock analysis on YouTube&nbsp;for seven hours a day.</p>\n<p>With 350,000 YouTube followers, it’s paying the bills. With his earnings from ads and from the stock, Kohrs says he can pull down roughly the same salary he made before. But he also knows that relying on earnings from stocks like this is nothing like a 9-to-5 job.</p>\n<p>“The swings you get can definitely make you feel some sort of way,” he says.</p>\n<p>Companies are starting to react more aggressively, too. They are either embracing their new owners or paying meme-ologists to understand the emoji-filled language of the new Wall Street so they can ward them off or appease them.</p>\n<p>AMC even canceled a proposed equity raise this past week because the company apparently didn’t like the vibes it was getting from the Reddit crowd. AMC has already quintupled its share count over the past year. CEO Adam Aron tweeted that he had seen “many yes, many no” reactions to his proposal to issue 25 million more shares, so it will be canceled instead of being presented for a vote at AMC’s annual meeting later this month. The company did not respond to a question on how it had polled shareholders.</p>\n<p>Forget the boardroom. Corporate policy is now being determined in the chat room.</p>\n<p>Big investors are spending more time tracking social-media discussions about stocks. Bank of America found in a survey this year that about 25% of institutions had already been tracking social-media sentiment, but that about 40% are interested in using it going forward.</p>\n<p>In the past few months, Bank of America, Morgan Stanley, and J.P. Morgan have all produced reports on how to trade around the retail action, coming to somewhat different conclusions.</p>\n<p>There can be “alpha in the signal,” as Morgan Stanley put it, but it can take some intense number-crunching to get there. Not all message-board chatter leads to sustained price gains, of course, and retail order flow cannot easily be separated from institutional flow without substantial data analysis. For investors with the tools to pinpoint which stocks retail investors are buying and which they are selling, J.P. Morgan suggests going long on the 20% of stocks with the most buying interest and short on the top 20% in selling interest.</p>\n<p>For now, many of the institutions buying data on social-media sentiment appear to be trying to reduce their risks, as opposed to scouting new opportunities, according to Boris Spiwak of alternative data firm Thinknum, which offers products that track social-media sentiment. “They see it as almost like an insurance policy, to limit their downside risks,” he says.</p>\n<p>For retail traders, the method isn’t always scientific. The action is sustained by a community ethos. And the force behind it is as much emotional and moral as financial.</p>\n<p>New investors say they are motivated by a desire to prove themselves and punish the old guard as much as by profits. They learn from one another about the market, sometimes amplifying or debunking conspiracy theories about Wall Street. Some link the meme-stock movement to continued mistrust of big financial institutions stemming from the 2008 financial crisis.</p>\n<p>“Wall Street brought our economy to its knees, and no one ever got in trouble for it,” says the 26-year-old Kohrs. “So, I think they view this as not only can we make money, but we can also make these hedge funds on Wall Street pay.”</p>\n<p>Claire Hirschberg is a 28-year-old union organizer who bought about $50 worth of GameStop stock on Robinhood in January after hearing about it from friends. She liked the idea, but what really got her excited about it was the reaction of her father, a longtime money manager. “He was so mad I had bought GameStop and was refusing to sell,” she says, laughing. “And that just makes me want to hold it forever.”</p>\n<p>Just like old Wall Street has rituals and codes, the new one does, too. A new investment banking employee learns quickly that you don’t wear a Ferragamo tie until after you make associate. You never leave the office until the managing director does, and you don’t complain about the hours. And the bad guys are the regulators and Sen. Elizabeth Warren, and not in that order.</p>\n<p>The new trading desk—the apps that millions of retail traders now use and the message boards where they congregate—have unspoken rules, too. Publicly acknowledging financial losses is a valiant act, evidence of internal fortitude and belief in the group. You don’t take yourself seriously and you don’t police language. You are part of an army of “apes” or “retards.” You hold through the crashes, even if it means you might lose everything. And the bad guys are the short sellers, the market makers, and the Wall Street elites, in that order.</p>\n<p>The group action is not just for moral support. The trading strategy depends on people keeping up the buying pressure to force a short squeeze or to buy bullish options that trigger what’s known as a gamma squeeze.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/75d79c78a14cc8f297e17397cc54bdb5\" tg-width=\"1260\" tg-height=\"840\"><span>Keith Gill became the face of the Reddit army of retail traders pushing shares of GameStop higher when he appeared virtually before a House Financial Services Committee hearing in February.</span></p>\n<p>Many short sellers say they won’t touch these stocks anymore. But clearly, others aren’t taking that advice and are giving the meme movement oxygen by repeatedly betting against the stocks. AMC’s short interest was at 17% of the stock’s float in mid-June, down from 28% in January, but not by much.</p>\n<p>As the price rises, the shorts can’t help themselves. They start “drooling, with flames coming out of their ears,” says Michael Pachter, a Wedbush Securities analyst who has covered GameStop for years. “What’s kind of shocked me is the definition of insanity, which is doing the same thing over and over and over again and hoping for a different outcome each time, and the shorts keep coming back,” he says. “And [GameStop bull] Keith Gill and his Reddit raiders keep squeezing them, and it keeps working.”</p>\n<p>To beat the short sellers, the Reddit crowd needs to hold together, but the community has been showing cracks at times. The two meme stocks with the most determined fan bases—GameStop and AMC—still have enormous armies of core believers who do not seem easily swayed. But other names seem to have more-fickle backers. Several stocks caught up in the meme madness have come crashing down to earth.Bed Bath &amp; Beyond(BBBY) spiked twice—in late January and early June—but now trades only slightly above its mid-January levels. People who bought during the upswings have lost money.</p>\n<p>Distrust has spread, and some traders worry that wallstreetbets— the original Reddit message board that inspired the GameStop frenzy—has grown so fast that it has lost its original spirit, and potentially grown vulnerable to manipulation. Some have moved to other message boards, like r/superstonk, in hopes of reclaiming the old community’s flavor.</p>\n<p>Travis Rehl, the founder of social-media tracking company Hype Equity, says that he tries to separate possible manipulators from more organic investor sentiment. Hype Equity is usually hired by public-relations firms representing companies that are being talked about online, he says. Now, he sees a growing trend of stocks that suddenly come up on message boards, receive positive chatter, and then disappear.</p>\n<p>“It’s called into question what is a true discussion versus what is something that somebody just wants to pump,” he says. The moderators of wallstreetbets forbid market manipulation on the platform, and Rehl say they appear to work hard to police misinformation. The moderators did not respond to a request from&nbsp;Barron’s&nbsp;for comment.</p>\n<p>“If you can create enough buzz to get a stock that goes up 10%, 20%, even 50% in a short period of time, there’s a tremendous incentive to do that,” Sosnick says.</p>\n<p>The Securities and Exchange Commission is watching for funny business on the message boards. SEC Chairman Gary Gensler and some members of Congress have discussed changing market rules with the intention of adding transparency protecting retail traders—although changes could also anger the retail crowd if they slow down trading or make it more expensive.</p>\n<p>Regulations aren’t the only thing that could deflate this trend. Dan Egan, vice president of behavioral finance and investing at fintech Betterment, thinks the momentum may run out of steam in September. Even “apes” have responsibilities. “Kids start going back to schools; parents are free to go to work again,” he says. “That’s the next time there’s going to be some oxygen pulled out of the room.”</p>\n<p>Traditional investors may be tempted to write off the entire phenomenon as temporary madness inspired by lockdowns and free government money. But that would be a mistake. If zero-commission brokerages and fun with GameStop broke down barriers for millions of new investors to open accounts, it’s almost certainly a good thing, as long as most people bet with money they don’t need immediately. Many new retail traders say they are teaching themselves how to trade, and have begun to diversify their holdings.</p>\n<p>In one form or another, this is the future client base of Wall Street.</p>\n<p>Arizona State University professor Hendrik Bessembinder published groundbreaking&nbsp;research&nbsp;in 2018 that found that “a randomly selected stock in a randomly selected month is more likely to lose money than make money.” In short, picking single stocks and holding a concentrated portfolio tends to be a losing strategy.</p>\n<p>Even so, he’s encouraged by the new wave of trading. “I welcome the increase in retail trading, the idea of the stock market being a place with wide participation,” Bessembinder says. “Economists can’t tell people they shouldn’t get some fun.”</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Meme Stock Trade Is Far From Over. What Investors Need to Know.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Meme Stock Trade Is Far From Over. What Investors Need to Know.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-11 09:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/the-meme-stock-trade-is-far-from-over-what-investors-need-to-know-51625875247?mod=hp_HERO><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It seemed to be only a matter of time.\nWhen GameStop (ticker: GME), BlackBerry (BB), and even the desiccated carcass of Blockbuster suddenly sprang to life in January, the clock was already ticking ...</p>\n\n<a href=\"https://www.barrons.com/articles/the-meme-stock-trade-is-far-from-over-what-investors-need-to-know-51625875247?mod=hp_HERO\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","MRIN":"Marin Software Inc.","CARV":"卡弗储蓄","NEGG":"Newegg Comm Inc.","BBBY":"3B家居","GME":"游戏驿站","BB":"黑莓","SCHW":"嘉信理财","CLOV":"Clover Health Corp","WKHS":"Workhorse Group, Inc."},"source_url":"https://www.barrons.com/articles/the-meme-stock-trade-is-far-from-over-what-investors-need-to-know-51625875247?mod=hp_HERO","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112201050","content_text":"It seemed to be only a matter of time.\nWhen GameStop (ticker: GME), BlackBerry (BB), and even the desiccated carcass of Blockbuster suddenly sprang to life in January, the clock was already ticking for when they would crash again. Would it be hours, days, or weeks?\nIt has now been half a year, and the core “meme stocks” are still trading at levels considered outrageous by people who have studied them for years. New names like Clover Health Investments(CLOV) and Newegg Commerce(NEGG) have recently popped up on message boards, and their stocks have popped, too.\nThe collective efforts of millions of retail traders—long derided as “the dumb money”—have successfully held stocks aloft and forced naysayers to capitulate.\nThat is true even as the companies they are betting on have shown scant signs of transforming their businesses, or turning profits that might justify their valuations. BlackBerry burned cash in its latest quarter and warned that its key cybersecurity division would hit the low end of its revenue guidance; the stock dipped on the news but has still more than doubled in the past year.\nWhile trading volume at the big brokers has come down slightly from its February peak, it remains two to three times as high as it was before the pandemic. And a startling amount of that activity is occurring in stocks favored by retail traders. The average daily value of shares traded in AMC Entertainment Holdings(AMC), for example, reached $13.1 billion in June, more than Apple’s(AAPL) $9.5 billion and Amazon.com’s (AMZN) $10.3 billion.\nEven as the coronavirus fades in the U.S., most new traders say they are committed to the hobby they learned during lockdown—58% of day traders in a Betterment survey said they are planning to trade even more in the future, and only 12% plan to trade less. Amateur pandemic bakers have stopped kneading sourdough loaves; traders are only getting hungrier.\nA sustained bear market would spoil such an appetite, as it did when the dot-com bubble burst. For now, dips are reasons to hold or buy.\n\n“I’ve seen that the ‘buy the dip’ sentiment hasn’t relented for a moment,” wrote Brandon Luczek, an electronics technician for the U.S. Navy who trades with friends online, in an email to Barron’s.\nThe meme stock surge has been propelled by a rise in trading by retail investors. In 2020, online brokers signed clients at a record pace, with more than 10 million people opening new accounts. That record will almost certainly be broken in 2021. Brokers had already added more than 10 million accounts less than halfway into the year, some of the top firms have disclosed.\nMeme stocks are both the cart and the horse of this phenomenon. Their sudden price spikes are driven by new investors, and then that action drives even more new people to invest. Millions of people downloaded investing apps in late January and early February just to be a part of the fun. A recent Charles Schwab(SCHW) survey found that 15% of all current traders began investing after 2020.\n\nThe most prominent player in the surge is Robinhood, which said it had added 5.5 million funded accounts in the first quarter alone. But it isn’t alone. Fidelity, for instance, announced that it had attracted 1.6 million new customers under the age of 35 in the first quarter, 223% more than a year before.\nUnder pressure from Robinhood’s zero-commission model, all of the major brokers cut commissions to zero in 2019. That opened the floodgates to a new group of customers—one that may not have as much spare cash to trade but is more active and diverse than its predecessors. And the brokers are cashing in. Fidelity is hoping to attract investors before they even have driver’s licenses, allowing children as young as 13 to open trading accounts. Robinhood is riding the momentum to an initial public offering that analysts expect to value it at more than 10 times its revenue.\nThese new customers act differently than their older peers. For years, there was a “big gravitation toward ETFs,” says Chris Larkin, head of trading at E*Trade, which is now owned by Morgan Stanley (MS). But picking single stocks is clearly “the big story of 2021.”\nTo be sure, equity exchange-traded funds are still doing well, as investors around the world bet on the pandemic recovery and avoid weak bond yields.\nBut ETFs don’t light up the message boards like stocks do. Not that it has been a one-way ride for the top names. GameStop did dip in February, and Wall Street enjoyed a moment of schadenfreude. It didn’t last.\n“Like cicadas, meme traders returned in a wild blaze of activity after being seemingly underground for several months,” wrote Steve Sosnick, chief strategist at Interactive Brokers. Sosnick believes that the meme stocks tend to trade inversely to cryptocurrencies, because their fans rotate from one to the other as the momentum shifts.\n“I don’t think it’s strictly a coincidence that meme stocks roared back to life after a significant correction in Bitcoin and other cryptocurrencies,” he wrote.\nSosnick considers meme stocks a “sector unto themselves,” one that he segregates on his computer monitor away from other stock tickers.\nIndeed, Wall Street’s reaction to the meme stock revolution has been to isolate the parts of the market that the pros deem irrational. Most short sellers won’t touch the stocks, and analysts are dropping coverage.\nBut Wall Street can’t swat the retail army away like cicadas, or count on them disappearing for the next 17 years. Stock trading has permanently shifted. This year, retail activity accounts for 24% of equity volume, up from 15% in 2019. Adherents to the new creed are not passive observers willing to let Wall Street manage the markets.\n\n“What this really reflects is a reversal of the trends that we saw toward less and less engagement with individual companies,” says Joshua Mitts, a professor at Columbia Law School specializing in securities markets. “Technology is bringing the average investor closer to the companies in which he or she invests, and that’s just taking on new and unpredictable forms.”\nThe swings you get can definitely make you feel some sort of way.\n— Matt Kohrs, 26, who streams stock analysis daily on YouTube\nIt is now changing the lives of those who got in early and are still riding the names higher.\nTake Matt Kohrs, who had invested in AMC Entertainment early. He quit his job as a programmer in New York in February, moved to Philadelphia, and started streaming stock analysis on YouTube for seven hours a day.\nWith 350,000 YouTube followers, it’s paying the bills. With his earnings from ads and from the stock, Kohrs says he can pull down roughly the same salary he made before. But he also knows that relying on earnings from stocks like this is nothing like a 9-to-5 job.\n“The swings you get can definitely make you feel some sort of way,” he says.\nCompanies are starting to react more aggressively, too. They are either embracing their new owners or paying meme-ologists to understand the emoji-filled language of the new Wall Street so they can ward them off or appease them.\nAMC even canceled a proposed equity raise this past week because the company apparently didn’t like the vibes it was getting from the Reddit crowd. AMC has already quintupled its share count over the past year. CEO Adam Aron tweeted that he had seen “many yes, many no” reactions to his proposal to issue 25 million more shares, so it will be canceled instead of being presented for a vote at AMC’s annual meeting later this month. The company did not respond to a question on how it had polled shareholders.\nForget the boardroom. Corporate policy is now being determined in the chat room.\nBig investors are spending more time tracking social-media discussions about stocks. Bank of America found in a survey this year that about 25% of institutions had already been tracking social-media sentiment, but that about 40% are interested in using it going forward.\nIn the past few months, Bank of America, Morgan Stanley, and J.P. Morgan have all produced reports on how to trade around the retail action, coming to somewhat different conclusions.\nThere can be “alpha in the signal,” as Morgan Stanley put it, but it can take some intense number-crunching to get there. Not all message-board chatter leads to sustained price gains, of course, and retail order flow cannot easily be separated from institutional flow without substantial data analysis. For investors with the tools to pinpoint which stocks retail investors are buying and which they are selling, J.P. Morgan suggests going long on the 20% of stocks with the most buying interest and short on the top 20% in selling interest.\nFor now, many of the institutions buying data on social-media sentiment appear to be trying to reduce their risks, as opposed to scouting new opportunities, according to Boris Spiwak of alternative data firm Thinknum, which offers products that track social-media sentiment. “They see it as almost like an insurance policy, to limit their downside risks,” he says.\nFor retail traders, the method isn’t always scientific. The action is sustained by a community ethos. And the force behind it is as much emotional and moral as financial.\nNew investors say they are motivated by a desire to prove themselves and punish the old guard as much as by profits. They learn from one another about the market, sometimes amplifying or debunking conspiracy theories about Wall Street. Some link the meme-stock movement to continued mistrust of big financial institutions stemming from the 2008 financial crisis.\n“Wall Street brought our economy to its knees, and no one ever got in trouble for it,” says the 26-year-old Kohrs. “So, I think they view this as not only can we make money, but we can also make these hedge funds on Wall Street pay.”\nClaire Hirschberg is a 28-year-old union organizer who bought about $50 worth of GameStop stock on Robinhood in January after hearing about it from friends. She liked the idea, but what really got her excited about it was the reaction of her father, a longtime money manager. “He was so mad I had bought GameStop and was refusing to sell,” she says, laughing. “And that just makes me want to hold it forever.”\nJust like old Wall Street has rituals and codes, the new one does, too. A new investment banking employee learns quickly that you don’t wear a Ferragamo tie until after you make associate. You never leave the office until the managing director does, and you don’t complain about the hours. And the bad guys are the regulators and Sen. Elizabeth Warren, and not in that order.\nThe new trading desk—the apps that millions of retail traders now use and the message boards where they congregate—have unspoken rules, too. Publicly acknowledging financial losses is a valiant act, evidence of internal fortitude and belief in the group. You don’t take yourself seriously and you don’t police language. You are part of an army of “apes” or “retards.” You hold through the crashes, even if it means you might lose everything. And the bad guys are the short sellers, the market makers, and the Wall Street elites, in that order.\nThe group action is not just for moral support. The trading strategy depends on people keeping up the buying pressure to force a short squeeze or to buy bullish options that trigger what’s known as a gamma squeeze.\nKeith Gill became the face of the Reddit army of retail traders pushing shares of GameStop higher when he appeared virtually before a House Financial Services Committee hearing in February.\nMany short sellers say they won’t touch these stocks anymore. But clearly, others aren’t taking that advice and are giving the meme movement oxygen by repeatedly betting against the stocks. AMC’s short interest was at 17% of the stock’s float in mid-June, down from 28% in January, but not by much.\nAs the price rises, the shorts can’t help themselves. They start “drooling, with flames coming out of their ears,” says Michael Pachter, a Wedbush Securities analyst who has covered GameStop for years. “What’s kind of shocked me is the definition of insanity, which is doing the same thing over and over and over again and hoping for a different outcome each time, and the shorts keep coming back,” he says. “And [GameStop bull] Keith Gill and his Reddit raiders keep squeezing them, and it keeps working.”\nTo beat the short sellers, the Reddit crowd needs to hold together, but the community has been showing cracks at times. The two meme stocks with the most determined fan bases—GameStop and AMC—still have enormous armies of core believers who do not seem easily swayed. But other names seem to have more-fickle backers. Several stocks caught up in the meme madness have come crashing down to earth.Bed Bath & Beyond(BBBY) spiked twice—in late January and early June—but now trades only slightly above its mid-January levels. People who bought during the upswings have lost money.\nDistrust has spread, and some traders worry that wallstreetbets— the original Reddit message board that inspired the GameStop frenzy—has grown so fast that it has lost its original spirit, and potentially grown vulnerable to manipulation. Some have moved to other message boards, like r/superstonk, in hopes of reclaiming the old community’s flavor.\nTravis Rehl, the founder of social-media tracking company Hype Equity, says that he tries to separate possible manipulators from more organic investor sentiment. Hype Equity is usually hired by public-relations firms representing companies that are being talked about online, he says. Now, he sees a growing trend of stocks that suddenly come up on message boards, receive positive chatter, and then disappear.\n“It’s called into question what is a true discussion versus what is something that somebody just wants to pump,” he says. The moderators of wallstreetbets forbid market manipulation on the platform, and Rehl say they appear to work hard to police misinformation. The moderators did not respond to a request from Barron’s for comment.\n“If you can create enough buzz to get a stock that goes up 10%, 20%, even 50% in a short period of time, there’s a tremendous incentive to do that,” Sosnick says.\nThe Securities and Exchange Commission is watching for funny business on the message boards. SEC Chairman Gary Gensler and some members of Congress have discussed changing market rules with the intention of adding transparency protecting retail traders—although changes could also anger the retail crowd if they slow down trading or make it more expensive.\nRegulations aren’t the only thing that could deflate this trend. Dan Egan, vice president of behavioral finance and investing at fintech Betterment, thinks the momentum may run out of steam in September. Even “apes” have responsibilities. “Kids start going back to schools; parents are free to go to work again,” he says. “That’s the next time there’s going to be some oxygen pulled out of the room.”\nTraditional investors may be tempted to write off the entire phenomenon as temporary madness inspired by lockdowns and free government money. But that would be a mistake. If zero-commission brokerages and fun with GameStop broke down barriers for millions of new investors to open accounts, it’s almost certainly a good thing, as long as most people bet with money they don’t need immediately. Many new retail traders say they are teaching themselves how to trade, and have begun to diversify their holdings.\nIn one form or another, this is the future client base of Wall Street.\nArizona State University professor Hendrik Bessembinder published groundbreaking research in 2018 that found that “a randomly selected stock in a randomly selected month is more likely to lose money than make money.” In short, picking single stocks and holding a concentrated portfolio tends to be a losing strategy.\nEven so, he’s encouraged by the new wave of trading. “I welcome the increase in retail trading, the idea of the stock market being a place with wide participation,” Bessembinder says. “Economists can’t tell people they shouldn’t get some fun.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":433,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157737174,"gmtCreate":1625615149098,"gmtModify":1703744823948,"author":{"id":"3581838843201713","authorId":"3581838843201713","name":"Veldin","avatar":"https://static.tigerbbs.com/1066c001ce0c01a3b97656619c989986","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581838843201713","authorIdStr":"3581838843201713"},"themes":[],"htmlText":"Regulatory risk is always present.&nbsp;","listText":"Regulatory risk is always present.&nbsp;","text":"Regulatory risk is always present.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/157737174","repostId":"1189309849","repostType":4,"isVote":1,"tweetType":1,"viewCount":519,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575196385895354","authorId":"3575196385895354","name":"Cedric77","avatar":"https://static.tigerbbs.com/e5ee082b05004f20d3486afedee30814","crmLevel":4,"crmLevelSwitch":1,"idStr":"3575196385895354","authorIdStr":"3575196385895354"},"content":"Yes. U r on the dot! Regulatory Risk is a huge one to consider when investing in China stock. But, investment is all about knowing and identifying your own Risks.","text":"Yes. U r on the dot! Regulatory Risk is a huge one to consider when investing in China stock. But, investment is all about knowing and identifying your own Risks.","html":"Yes. U r on the dot! Regulatory Risk is a huge one to consider when investing in China stock. But, investment is all about knowing and identifying your own Risks."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9064712660,"gmtCreate":1652368954451,"gmtModify":1676535087061,"author":{"id":"3581838843201713","authorId":"3581838843201713","name":"Veldin","avatar":"https://static.tigerbbs.com/1066c001ce0c01a3b97656619c989986","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581838843201713","authorIdStr":"3581838843201713"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9064712660","repostId":"1187240111","repostType":4,"isVote":1,"tweetType":1,"viewCount":155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149951479,"gmtCreate":1625702540391,"gmtModify":1703746590391,"author":{"id":"3581838843201713","authorId":"3581838843201713","name":"Veldin","avatar":"https://static.tigerbbs.com/1066c001ce0c01a3b97656619c989986","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581838843201713","authorIdStr":"3581838843201713"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149951479","repostId":"1176865752","repostType":4,"repost":{"id":"1176865752","kind":"news","pubTimestamp":1625700715,"share":"https://ttm.financial/m/news/1176865752?lang=&edition=fundamental","pubTime":"2021-07-08 07:31","market":"hk","language":"en","title":"Stocks making the biggest moves after hours: WD-40, Camping World, KeyCorp & more","url":"https://stock-news.laohu8.com/highlight/detail?id=1176865752","media":"CNBC","summary":"Check out the stocks that are making the biggest moves after the bell on Wednesday:. $WD-40$ Company— Shares of WD-40 popped more than 10% in extended trading after the company improved its full-year revenue forecast. It now expects sales between $475 million and $490 million for the fiscal year thanks to strong performance in its third quarter.Camping World Holdings— The nation’s largest retailer of recreational vehicles said Wednesday afternoon that it has an investment in Los Angeles-based Ha","content":"<div>\n<p>Check out the stocks that are making the biggest moves after the bell on Wednesday:\nWD-40 Company— Shares of WD-40 popped more than 10% in extended trading after the company improved its full-year ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/07/stocks-making-the-biggest-moves-after-hours-wd-40-camping-world-keycorp-more.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>Stocks making the biggest moves after hours: WD-40, Camping World, KeyCorp & more</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks making the biggest moves after hours: WD-40, Camping World, KeyCorp & more\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 07:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/07/stocks-making-the-biggest-moves-after-hours-wd-40-camping-world-keycorp-more.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Check out the stocks that are making the biggest moves after the bell on Wednesday:\nWD-40 Company— Shares of WD-40 popped more than 10% in extended trading after the company improved its full-year ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/07/stocks-making-the-biggest-moves-after-hours-wd-40-camping-world-keycorp-more.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WDFC":"WD-40"},"source_url":"https://www.cnbc.com/2021/07/07/stocks-making-the-biggest-moves-after-hours-wd-40-camping-world-keycorp-more.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1176865752","content_text":"Check out the stocks that are making the biggest moves after the bell on Wednesday:\nWD-40 Company— Shares of WD-40 popped more than 10% in extended trading after the company improved its full-year revenue forecast. It now expects sales between $475 million and $490 million for the fiscal year thanks to strong performance in its third quarter.\nGAN Limited— The online gambling company's stock rose about 16% after the publishing preliminary results for its second quarter of 2021. GAN said it currently expects second-quarter sales somewhere between $34 million and $35 million as \"higher-than-expected revenue more than offset strategic investments in talent and technology.\"\nCamping World Holdings— The nation’s largest retailer of recreational vehicles said Wednesday afternoon that it has an investment in Los Angeles-based Happier Camper. Happier Camper developed a patented modular van conversion system, known as Adaptiv, for vans that allows customers to customize the location of appliances within the van. Camping World Holdings stock gained 0.7% in after-hours trading.\nKeyCorp— KeyCorp added 2.1% after it announced a cash dividend of 18.5 cents per share on the corporation’s outstanding common shares for the third quarter. The dividend will be paid out on Sept. 15 to those who held the company’s equity at the end of August.","news_type":1},"isVote":1,"tweetType":1,"viewCount":706,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916223970,"gmtCreate":1664603619390,"gmtModify":1676537484129,"author":{"id":"3581838843201713","authorId":"3581838843201713","name":"Veldin","avatar":"https://static.tigerbbs.com/1066c001ce0c01a3b97656619c989986","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581838843201713","authorIdStr":"3581838843201713"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/00700\">$TENCENT(00700)$</a><v-v data-views=\"1\"></v-v>G","listText":"<a href=\"https://ttm.financial/S/00700\">$TENCENT(00700)$</a><v-v data-views=\"1\"></v-v>G","text":"$TENCENT(00700)$G","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9916223970","isVote":1,"tweetType":1,"viewCount":103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957721684,"gmtCreate":1677559832448,"gmtModify":1677559836364,"author":{"id":"3581838843201713","authorId":"3581838843201713","name":"Veldin","avatar":"https://static.tigerbbs.com/1066c001ce0c01a3b97656619c989986","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581838843201713","authorIdStr":"3581838843201713"},"themes":[],"htmlText":"Do or do not. Or in between. There is no try, except when there is. Maybe.&nbsp;","listText":"Do or do not. Or in between. There is no try, except when there is. Maybe.&nbsp;","text":"Do or do not. Or in between. There is no try, except when there is. Maybe.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9957721684","isVote":1,"tweetType":1,"viewCount":1229,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9925282725,"gmtCreate":1672033591968,"gmtModify":1676538624971,"author":{"id":"3581838843201713","authorId":"3581838843201713","name":"Veldin","avatar":"https://static.tigerbbs.com/1066c001ce0c01a3b97656619c989986","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581838843201713","authorIdStr":"3581838843201713"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/00700\">$TENCENT(00700)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/00700\">$TENCENT(00700)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$TENCENT(00700)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9925282725","isVote":1,"tweetType":1,"viewCount":688,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9937601917,"gmtCreate":1663406630640,"gmtModify":1676537266967,"author":{"id":"3581838843201713","authorId":"3581838843201713","name":"Veldin","avatar":"https://static.tigerbbs.com/1066c001ce0c01a3b97656619c989986","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581838843201713","authorIdStr":"3581838843201713"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$</a><v-v data-views=\"1\"></v-v>G","listText":"<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$</a><v-v data-views=\"1\"></v-v>G","text":"$XIAOMI-W(01810)$G","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9937601917","isVote":1,"tweetType":1,"viewCount":83,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995575677,"gmtCreate":1661488969602,"gmtModify":1676536529572,"author":{"id":"3581838843201713","authorId":"3581838843201713","name":"Veldin","avatar":"https://static.tigerbbs.com/1066c001ce0c01a3b97656619c989986","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581838843201713","authorIdStr":"3581838843201713"},"themes":[],"htmlText":"Wow how smart, sounds like the author is the sort who&nbsp;sells low and&nbsp;buys&nbsp;high.&nbsp;","listText":"Wow how smart, sounds like the author is the sort who&nbsp;sells low and&nbsp;buys&nbsp;high.&nbsp;","text":"Wow how smart, sounds like the author is the sort who sells low and buys high.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995575677","repostId":"1130817581","repostType":4,"repost":{"id":"1130817581","kind":"news","pubTimestamp":1661486292,"share":"https://ttm.financial/m/news/1130817581?lang=&edition=fundamental","pubTime":"2022-08-26 11:58","market":"us","language":"en","title":"Nvidia Stock: Get Out Now","url":"https://stock-news.laohu8.com/highlight/detail?id=1130817581","media":"Seeking Alpha","summary":"SummaryNvidia reported horrible Q2 numbers and provided disappointing guidance for the next quarter.","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Nvidia reported horrible Q2 numbers and provided disappointing guidance for the next quarter.</li><li>However, with cryptocurrency mining GPU demand in deep decline, Nvidia&#39;s problems could last longer than a few quarters.</li><li>Nvidia&#39;s valuation is still high, and earnings estimates should see more downward revisions.</li><li>I&#39;m comfortable about revisiting this stock in the $100-120 range, but for now, Nvidia is a sell.</li></ul><p>NVIDIA Corporation&#39;s (NASDAQ:NVDA) market cap reached an absurd high of more than $800 billion during the tech-top in November 2021. During this bubble phase, Nvidia&#39;s stock hit an all-time high of around $350, trading at more than 100 times TTM non-GAAP EPS (approximately 40 times TTM sales). Then, the Fed pricked the ultra-high multiple bubble, and many stocks, including Nvidia, crashed.</p><p>I warned about the &#34;Epic Drop&#34; in my late-November article, and one of my prime examples of the coming crash was Nvidia. However, despite being one of the most shockingly overvalued stocks of its time, Nvidia&#39;s problems run much deeper than the typical temporary overvalued company.</p><p>Nvidia reported earnings in line with its preannounced figures but well below prior guidance and analysts&#39; estimates. Moreover, the company&#39;s guidance was disappointing. Nvidia is not only suffering from overvaluation problems and a challenging macroeconomic backdrop. The company has entered a severe decline phase, and the market is probably underestimating how serious the situation is for Nvidia.</p><p>The company faces several challenging headwinds to its top line, and its bottom line may continue deteriorating in the coming quarters. Therefore, we will probably see earnings estimates and EPS decrease more than anticipated. Meanwhile, the stock should attempt to find a base, but a reasonable entry price may be around $100-120.</p><p><b>The Bubble Days Are Over - More Downside Ahead</b><img src=\"https://static.tigerbbs.com/3f1f84840d4c1f577471f0d35df1f240\" tg-width=\"640\" tg-height=\"676\" referrerpolicy=\"no-referrer\"/></p><p>NVDA(StockCharts.com)</p><p>This is only a three-year chart of Nvidia. So, we see that before the recent decline phase Nvidia skyrocketed by nearly 10X in just around two years. So, what occurred in this time frame? Why did we see such remarkable demand for Nvidia stock?</p><p>We can point to several elements. Nvidia weathered the coronavirus slow down better than many other companies as much of its gaming business is related to gaming. Then, Nvidia received a post-coronavirus recovery boost as well. The company&#39;s revenues surged by 40-60% or more in many quarters in 2020/2021, and investors loved its performance and stock.</p><p>The insatiable demand pushed the stock to grossly overbought and ludicrously overvalued levels (roughly 40 times trailing sales). However, what was the true catalyst behind this move? The company claimed that it benefited from surging gaming-related revenues. However, earlier this year, Nvidia settled with the SECfor failing to disclose its cryptocurrency-related sales.</p><p>A significant portion of Nvidia&#39;s GPU sales went towards cryptocurrency mining. Unfortunately, we cannot know precisely how much of the GPU sales were cryptocurrency related as the company did not disclose the numbers. However, we know that Nvidia&#39;s GPUs were widely used in Ethereum and other cryptocurrency mining, but sadly for the company, these sales are ending.</p><p><b>The End Of An Era</b></p><p>Nvidia&#39;s revenues benefited greatly from surging Ethereum and other cryptocurrency-related sales. When we look at Nvidia&#39;s surging sales in 2020/2021, this time frame coincides with the significant bull market in Ethereum and other digital assets. However, now the company is reporting sharp drops in sales. Nvidia&#39;s cryptocurrency mining processor (&#34;CMP&#34;) sales were down by66% YoY to just $140 million last quarter. While the company has a CMP GPU line dedicated to cryptocurrency mining, some of its gaming GPUs also went to cryptocurrency miners.</p><p>The massive problem Nvidia faces now is Ethereum&#39;s pivot away from GPU mining. Ethereum has been the driver of cryptocurrency-related mining GPU sales in recent years. However, Ethereum is moving away from intensive GPU mining, and the switch from proof-of-work to the proof-of-stake protocol should be complete soon.</p><p>Proof-of-stake is far less intensive and requires nothing near the computing power of proof-of-work. Therefore, the Ethereum network will not need a growing number of GPUs. On the contrary, as we advance, there will probably be a remarkably high number of unneeded GPUs.</p><p>Another reason why Nvidia&#39;s revenues spiked so rapidly was the GPU shortage. You&#39;d be lucky to get a quality GPU at MSRPin 2020/2021. Due to the GPU shortage, Nvidia&#39;s graphic cards could sell for two times MSRP or higher in many cases throughout this time frame. Naturally, this phenomenon significantly contributed to the company&#39;s skyrocketing revenues. We can presume that this dynamic occurred partially due to the substantial demand from the cryptocurrency segment.</p><p><b>What We Are Left With Now</b></p><p>Ethereum is moving away from GPU mining. Bitcoin and other digital assets rely more on ASIC miners over GPUs. We see Nvidia&#39;s CMP GPU sales are crashing, and general &#34;gaming&#34; revenues have declined by 33%YoY. Therefore, Nvidia faces a severe problem. A substantial portion of the company&#39;s gains may be gone permanently.</p><p>Additionally, Nvidia will no longer benefit from the cryptocurrency segment&#39;s growth. Moreover, the company will no longer benefit from the surging GPU prices it saw in 2020/2021. Instead, Nvidia faces the problem of cheaper GPUs, lower margins, and worsening profitability as the company moves forward.</p><p><b>Nvidia RTX 3080 Price Decline</b></p><p><img src=\"https://static.tigerbbs.com/25c65b3c0628b532f5748f8d4c917726\" tg-width=\"640\" tg-height=\"291\" referrerpolicy=\"no-referrer\"/></p><p>Nvidia RTX 3080(the verge.com )</p><p>We&#39;ve seen a price drop of about 65% for Nvidia&#39;s RTX 3080 GPU since the price peaked last year. This image captures Nvidia&#39;s GPU market and the company&#39;s problem. We will probably see prices stabilize and possibly move up marginally. However, we will not likely see significant price rises any time soon. After years of shortages, the market is oversaturated with Nvidia&#39;s GPUs. We are now seeing the opposite effect and probably have not yet seen the full impact of the oversupply. We must consider that unwanted mining GPUs could further flood the market, exacerbating the supply/demand issue.</p><p><b>We See It In The Results</b><img src=\"https://static.tigerbbs.com/1d7cfe94a82a2e7b2f943115d8e70bcc\" tg-width=\"640\" tg-height=\"166\" referrerpolicy=\"no-referrer\"/></p><p>Nvidia 8-K(investor.nvidia.com)</p><p>Nvidia&#39;s Q2 results were shockingly poor, and &#34;challenging macroeconomic conditions&#34; do not justify a 19% QoQ revenue drop. Less than one year ago, Nvidia was valued at more than 100 times trailing earnings and now sees YoY growth of just 3% YoY. Moreover, despite only a 3% revenue gain, the company&#39;s operating expenses surged by 36% YoY. Therefore, we see gross margins down substantially, operating income down by 80%, and net income down by 72%.</p><p><b>Now, Let&#39;s Check the Guidance</b><img src=\"https://static.tigerbbs.com/886574b4a6331498106528a2834f5675\" tg-width=\"640\" tg-height=\"196\" referrerpolicy=\"no-referrer\"/></p><p>Nvidia Q3 guidance(investor.nvidia.com)</p><p>The company guided to just $5.9 billion in revenues for Q3, 15% below the consensus forecast of$6.95 billion. $5.9 billion will be the company&#39;s second consecutive QoQ decline, equating to a YoY drop of 17%. Additionally, the company guided GAAP and non-GAAP gross margins of 62.4% and 65%. However, such a substantial rebound in gross margin will be challenging to achieve, and the company may report gross margins closer to 45-50%, substantially worse than its forecasts. Nvidia&#39;s GPU segment may continue struggling, leading to lower profitability and a worsening long-term image for the company.</p><p><b>Valuation - Still Too High</b></p><p>Nvidia has gone through a severe repricing phase. While the stock is not trading near 100 times TTM earnings, it&#39;s still expensive. Also, we must consider that the market began revising Nvidia&#39;s earnings lower and may not be done.</p><p><b>EPS Revisions</b></p><p><img src=\"https://static.tigerbbs.com/a56bd255c30f267c1fc7d8825b330556\" tg-width=\"640\" tg-height=\"332\" referrerpolicy=\"no-referrer\"/></p><p>EPS revisions(SeekingAlpha.com )</p><p>We see that the EPS forecast trend is lower here. However, considering that Nvidia recently came out with a horrible preannouncement and even more recently provided disappointing guidance, estimates should still go lower. Furthermore, EPS estimates may be too optimistic, as it is unclear whether Nvidia will have such impressive EPS growth in future years.</p><p><b>EPS Estimates</b></p><p><img src=\"https://static.tigerbbs.com/699c23f05dea3cbeb873da0db62a239d\" tg-width=\"640\" tg-height=\"268\" referrerpolicy=\"no-referrer\"/></p><p>EPS estimates(SeekingAlpha.com)</p><p>One factor seems clear. The stock is still too expensive here. With an expected EPS of $3.75 this year, Nvidia&#39;s P/E ratio is 45, still very high. EPS projections are for $5.46 next year. However, this figure seems too high, cannot be trusted, and will likely get revised lower. Nevertheless, even if we apply the $5.46 EPS estimates, we still arrive at a P/E of more than 30 for Nvidia. Over thirty times questionable projected earnings is a high price for a company facing significant top and bottom line pressures and will probably see more earnings estimate declines.</p><p>I anticipate that Nvidia could earn towards the lower end of current estimates, roughly $4 in EPS in fiscal 2024. Also, Nvidia deserves a lower P/E multiple due to poor performance and uncertainty. I&#39;m comfortable with a forward P/E of 25-30 on a projected EPS of $4 for next year. This dynamic brings us to a buy-in price target of $100-120. In this range, Nvidia becomes a buy, but now at $170, the stock is a sell in my view. I will revisit this stock in the $100-120 range. Until then, there are better stocks to buy.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia Stock: Get Out Now</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\">\nNvidia Stock: Get Out Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-26 11:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4537078-nvidia-get-out-now?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A5><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNvidia reported horrible Q2 numbers and provided disappointing guidance for the next quarter.However, with cryptocurrency mining GPU demand in deep decline, Nvidia's problems could last longer ...</p>\n\n<a href=\"https://seekingalpha.com/article/4537078-nvidia-get-out-now?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A5\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4537078-nvidia-get-out-now?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130817581","content_text":"SummaryNvidia reported horrible Q2 numbers and provided disappointing guidance for the next quarter.However, with cryptocurrency mining GPU demand in deep decline, Nvidia's problems could last longer than a few quarters.Nvidia's valuation is still high, and earnings estimates should see more downward revisions.I'm comfortable about revisiting this stock in the $100-120 range, but for now, Nvidia is a sell.NVIDIA Corporation's (NASDAQ:NVDA) market cap reached an absurd high of more than $800 billion during the tech-top in November 2021. During this bubble phase, Nvidia's stock hit an all-time high of around $350, trading at more than 100 times TTM non-GAAP EPS (approximately 40 times TTM sales). Then, the Fed pricked the ultra-high multiple bubble, and many stocks, including Nvidia, crashed.I warned about the \"Epic Drop\" in my late-November article, and one of my prime examples of the coming crash was Nvidia. However, despite being one of the most shockingly overvalued stocks of its time, Nvidia's problems run much deeper than the typical temporary overvalued company.Nvidia reported earnings in line with its preannounced figures but well below prior guidance and analysts' estimates. Moreover, the company's guidance was disappointing. Nvidia is not only suffering from overvaluation problems and a challenging macroeconomic backdrop. The company has entered a severe decline phase, and the market is probably underestimating how serious the situation is for Nvidia.The company faces several challenging headwinds to its top line, and its bottom line may continue deteriorating in the coming quarters. Therefore, we will probably see earnings estimates and EPS decrease more than anticipated. Meanwhile, the stock should attempt to find a base, but a reasonable entry price may be around $100-120.The Bubble Days Are Over - More Downside AheadNVDA(StockCharts.com)This is only a three-year chart of Nvidia. So, we see that before the recent decline phase Nvidia skyrocketed by nearly 10X in just around two years. So, what occurred in this time frame? Why did we see such remarkable demand for Nvidia stock?We can point to several elements. Nvidia weathered the coronavirus slow down better than many other companies as much of its gaming business is related to gaming. Then, Nvidia received a post-coronavirus recovery boost as well. The company's revenues surged by 40-60% or more in many quarters in 2020/2021, and investors loved its performance and stock.The insatiable demand pushed the stock to grossly overbought and ludicrously overvalued levels (roughly 40 times trailing sales). However, what was the true catalyst behind this move? The company claimed that it benefited from surging gaming-related revenues. However, earlier this year, Nvidia settled with the SECfor failing to disclose its cryptocurrency-related sales.A significant portion of Nvidia's GPU sales went towards cryptocurrency mining. Unfortunately, we cannot know precisely how much of the GPU sales were cryptocurrency related as the company did not disclose the numbers. However, we know that Nvidia's GPUs were widely used in Ethereum and other cryptocurrency mining, but sadly for the company, these sales are ending.The End Of An EraNvidia's revenues benefited greatly from surging Ethereum and other cryptocurrency-related sales. When we look at Nvidia's surging sales in 2020/2021, this time frame coincides with the significant bull market in Ethereum and other digital assets. However, now the company is reporting sharp drops in sales. Nvidia's cryptocurrency mining processor (\"CMP\") sales were down by66% YoY to just $140 million last quarter. While the company has a CMP GPU line dedicated to cryptocurrency mining, some of its gaming GPUs also went to cryptocurrency miners.The massive problem Nvidia faces now is Ethereum's pivot away from GPU mining. Ethereum has been the driver of cryptocurrency-related mining GPU sales in recent years. However, Ethereum is moving away from intensive GPU mining, and the switch from proof-of-work to the proof-of-stake protocol should be complete soon.Proof-of-stake is far less intensive and requires nothing near the computing power of proof-of-work. Therefore, the Ethereum network will not need a growing number of GPUs. On the contrary, as we advance, there will probably be a remarkably high number of unneeded GPUs.Another reason why Nvidia's revenues spiked so rapidly was the GPU shortage. You'd be lucky to get a quality GPU at MSRPin 2020/2021. Due to the GPU shortage, Nvidia's graphic cards could sell for two times MSRP or higher in many cases throughout this time frame. Naturally, this phenomenon significantly contributed to the company's skyrocketing revenues. We can presume that this dynamic occurred partially due to the substantial demand from the cryptocurrency segment.What We Are Left With NowEthereum is moving away from GPU mining. Bitcoin and other digital assets rely more on ASIC miners over GPUs. We see Nvidia's CMP GPU sales are crashing, and general \"gaming\" revenues have declined by 33%YoY. Therefore, Nvidia faces a severe problem. A substantial portion of the company's gains may be gone permanently.Additionally, Nvidia will no longer benefit from the cryptocurrency segment's growth. Moreover, the company will no longer benefit from the surging GPU prices it saw in 2020/2021. Instead, Nvidia faces the problem of cheaper GPUs, lower margins, and worsening profitability as the company moves forward.Nvidia RTX 3080 Price DeclineNvidia RTX 3080(the verge.com )We've seen a price drop of about 65% for Nvidia's RTX 3080 GPU since the price peaked last year. This image captures Nvidia's GPU market and the company's problem. We will probably see prices stabilize and possibly move up marginally. However, we will not likely see significant price rises any time soon. After years of shortages, the market is oversaturated with Nvidia's GPUs. We are now seeing the opposite effect and probably have not yet seen the full impact of the oversupply. We must consider that unwanted mining GPUs could further flood the market, exacerbating the supply/demand issue.We See It In The ResultsNvidia 8-K(investor.nvidia.com)Nvidia's Q2 results were shockingly poor, and \"challenging macroeconomic conditions\" do not justify a 19% QoQ revenue drop. Less than one year ago, Nvidia was valued at more than 100 times trailing earnings and now sees YoY growth of just 3% YoY. Moreover, despite only a 3% revenue gain, the company's operating expenses surged by 36% YoY. Therefore, we see gross margins down substantially, operating income down by 80%, and net income down by 72%.Now, Let's Check the GuidanceNvidia Q3 guidance(investor.nvidia.com)The company guided to just $5.9 billion in revenues for Q3, 15% below the consensus forecast of$6.95 billion. $5.9 billion will be the company's second consecutive QoQ decline, equating to a YoY drop of 17%. Additionally, the company guided GAAP and non-GAAP gross margins of 62.4% and 65%. However, such a substantial rebound in gross margin will be challenging to achieve, and the company may report gross margins closer to 45-50%, substantially worse than its forecasts. Nvidia's GPU segment may continue struggling, leading to lower profitability and a worsening long-term image for the company.Valuation - Still Too HighNvidia has gone through a severe repricing phase. While the stock is not trading near 100 times TTM earnings, it's still expensive. Also, we must consider that the market began revising Nvidia's earnings lower and may not be done.EPS RevisionsEPS revisions(SeekingAlpha.com )We see that the EPS forecast trend is lower here. However, considering that Nvidia recently came out with a horrible preannouncement and even more recently provided disappointing guidance, estimates should still go lower. Furthermore, EPS estimates may be too optimistic, as it is unclear whether Nvidia will have such impressive EPS growth in future years.EPS EstimatesEPS estimates(SeekingAlpha.com)One factor seems clear. The stock is still too expensive here. With an expected EPS of $3.75 this year, Nvidia's P/E ratio is 45, still very high. EPS projections are for $5.46 next year. However, this figure seems too high, cannot be trusted, and will likely get revised lower. Nevertheless, even if we apply the $5.46 EPS estimates, we still arrive at a P/E of more than 30 for Nvidia. Over thirty times questionable projected earnings is a high price for a company facing significant top and bottom line pressures and will probably see more earnings estimate declines.I anticipate that Nvidia could earn towards the lower end of current estimates, roughly $4 in EPS in fiscal 2024. Also, Nvidia deserves a lower P/E multiple due to poor performance and uncertainty. I'm comfortable with a forward P/E of 25-30 on a projected EPS of $4 for next year. This dynamic brings us to a buy-in price target of $100-120. In this range, Nvidia becomes a buy, but now at $170, the stock is a sell in my view. I will revisit this stock in the $100-120 range. 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