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Seah199
04-15
$DBS GROUP HOLDINGS LTD(D05.SI)$
Seah199
2022-10-24
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@CaptainTiger:[TOPIC] Where & When Will Hang Seng Index Bottom?
Seah199
2022-10-12
$Starbucks(SBUX)$
Seah199
2022-10-12
$VENTURE CORPORATION LIMITED(V03.SI)$
😓
Seah199
2022-10-11
$VENTURE CORPORATION LIMITED(V03.SI)$
Seah199
2022-10-10
$VENTURE CORPORATION LIMITED(V03.SI)$
👍
Seah199
2022-10-10
$VENTURE CORPORATION LIMITED(V03.SI)$
Seah199
2022-10-10
$DBS GROUP HOLDINGS LTD(D05.SI)$
Seah199
2022-10-10
$VENTURE CORPORATION LIMITED(V03.SI)$
Seah199
2022-10-09
$VENTURE CORPORATION LIMITED(V03.SI)$
Seah199
2022-10-09
$VENTURE CORPORATION LIMITED(V03.SI)$
Seah199
2022-10-07
$DBS GROUP HOLDINGS LTD(D05.SI)$
Seah199
2022-10-06
$DBS GROUP HOLDINGS LTD(D05.SI)$
Seah199
2022-10-05
$DBS GROUP HOLDINGS LTD(D05.SI)$
Seah199
2022-10-04
$DBS GROUP HOLDINGS LTD(D05.SI)$
Seah199
2022-10-03
👍
What Investors Need to Know About October's Complicated Stock-Market History
Seah199
2022-10-02
$DBS GROUP HOLDINGS LTD(D05.SI)$
Seah199
2022-10-01
$DBS GROUP HOLDINGS LTD(D05.SI)$
Seah199
2022-09-28
$DBS GROUP HOLDINGS LTD(D05.SI)$
Seah199
2022-09-28
$VENTURE CORPORATION LIMITED(V03.SI)$
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LTD(D05.SI)$","images":[{"img":"https://community-static.tradeup.com/news/1950e0b886446de45136c6ff7beff531","width":"696","height":"1122"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/295405265813760","isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9981778557,"gmtCreate":1666611278779,"gmtModify":1676537777378,"author":{"id":"3582615574866617","authorId":"3582615574866617","name":"Seah199","avatar":"https://static.tigerbbs.com/ed447d3bfaa313aa35a60489b9a109c2","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582615574866617","authorIdStr":"3582615574866617"},"themes":[],"htmlText":"👍👍","listText":"👍👍","text":"👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9981778557","repostId":"9981465467","repostType":1,"repost":{"id":9981465467,"gmtCreate":1666582433759,"gmtModify":1676537771840,"author":{"id":"3527667618000160","authorId":"3527667618000160","name":"CaptainTiger","avatar":"https://static.tigerbbs.com/5d0e54b757b231beb8b11fd49de85317","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667618000160","authorIdStr":"3527667618000160"},"themes":[],"title":"[TOPIC] Where & When Will Hang Seng Index Bottom?","htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/HSI\"></a><a href=\"https://ttm.financial/S/HSI\">$HSI(HSI)$</a> <a target=\"_blank\" href=\"https://laohu8.com/S/09988\"></a><a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$</a> <a target=\"_blank\" href=\"https://laohu8.com/S/00700\"></a><a href=\"https://ttm.financial/S/00700\">$TENCENT(00700)$</a>Hang Seng slid to a new 13-year low, plunging as much as 5%, and Alibaba Group Holding Ltd & Tencent Holdings Ltd both dropped more than 8% in the morning trading session, 24 Oct. ","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/HSI\"></a><a href=\"https://ttm.financial/S/HSI\">$HSI(HSI)$</a> <a target=\"_blank\" href=\"https://laohu8.com/S/09988\"></a><a href=\"https://ttm.financial/S/09988\">$Alibaba(09988)$</a> <a target=\"_blank\" href=\"https://laohu8.com/S/00700\"></a><a href=\"https://ttm.financial/S/00700\">$TENCENT(00700)$</a>Hang Seng slid to a new 13-year low, plunging as much as 5%, and Alibaba Group Holding Ltd & Tencent Holdings Ltd both dropped more than 8% in the morning trading session, 24 Oct. ","text":"$HSI(HSI)$ $Alibaba(09988)$ $TENCENT(00700)$Hang Seng slid to a new 13-year low, plunging as much as 5%, and Alibaba Group Holding Ltd & Tencent Holdings Ltd both dropped more than 8% in the morning trading session, 24 Oct.","images":[{"img":"https://community-static.tradeup.com/news/7a4302e15ef87b399ce95b9e8d68805a","width":"1319","height":"739"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9981465467","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917243153,"gmtCreate":1665533815372,"gmtModify":1676537621767,"author":{"id":"3582615574866617","authorId":"3582615574866617","name":"Seah199","avatar":"https://static.tigerbbs.com/ed447d3bfaa313aa35a60489b9a109c2","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582615574866617","authorIdStr":"3582615574866617"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SBUX\">$Starbucks(SBUX)$</a>","listText":"<a href=\"https://ttm.financial/S/SBUX\">$Starbucks(SBUX)$</a>","text":"$Starbucks(SBUX)$","images":[{"img":"https://community-static.tradeup.com/news/99b6579c9cb1b89d78272168680d2e0d","width":"750","height":"1305"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9917243153","isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9917243068,"gmtCreate":1665533768755,"gmtModify":1676537621759,"author":{"id":"3582615574866617","authorId":"3582615574866617","name":"Seah199","avatar":"https://static.tigerbbs.com/ed447d3bfaa313aa35a60489b9a109c2","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582615574866617","authorIdStr":"3582615574866617"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/V03.SI\">$VENTURE CORPORATION LIMITED(V03.SI)$</a>😓","listText":"<a 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href=\"https://ttm.financial/S/V03.SI\">$VENTURE CORPORATION LIMITED(V03.SI)$</a>👍","text":"$VENTURE CORPORATION LIMITED(V03.SI)$👍","images":[{"img":"https://community-static.tradeup.com/news/3a869f635d33f400578c8c8cea354bc2","width":"750","height":"1087"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9914700059","isVote":1,"tweetType":1,"viewCount":359,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9914477650,"gmtCreate":1665362175470,"gmtModify":1676537591434,"author":{"id":"3582615574866617","authorId":"3582615574866617","name":"Seah199","avatar":"https://static.tigerbbs.com/ed447d3bfaa313aa35a60489b9a109c2","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582615574866617","authorIdStr":"3582615574866617"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/V03.SI\">$VENTURE CORPORATION LIMITED(V03.SI)$</a>","listText":"<a 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LTD(D05.SI)$","images":[{"img":"https://community-static.tradeup.com/news/07b364e465bc7a547d1a7e923f033b40","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9912578626","isVote":1,"tweetType":1,"viewCount":63,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9912345354,"gmtCreate":1664761873078,"gmtModify":1676537503949,"author":{"id":"3582615574866617","authorId":"3582615574866617","name":"Seah199","avatar":"https://static.tigerbbs.com/ed447d3bfaa313aa35a60489b9a109c2","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582615574866617","authorIdStr":"3582615574866617"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9912345354","repostId":"2272691220","repostType":4,"repost":{"id":"2272691220","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1664755882,"share":"https://ttm.financial/m/news/2272691220?lang=&edition=fundamental","pubTime":"2022-10-03 08:11","market":"us","language":"en","title":"What Investors Need to Know About October's Complicated Stock-Market History","url":"https://stock-news.laohu8.com/highlight/detail?id=2272691220","media":"Dow Jones","summary":"While September lived up to its reputation as a brutal month for stocks, October tends to be a \"bear-market killer,\" associated with historically strong returns, especially in midterm election years.O","content":"<html><head></head><body><p>While September lived up to its reputation as a brutal month for stocks, October tends to be a "bear-market killer," associated with historically strong returns, especially in midterm election years.</p><p>October, however, is also associated with historic market plunges. And skeptics are warning investors that negative economic fundamentals could overwhelm seasonal trends as what's traditionally the roughest period for equities comes to an end.</p><h2>Rough stretch</h2><p>U.S. stocks ended sharply lower on Friday, posting their worst skid in the first nine months of any year in two decades. The S&P 500 recorded a monthly loss of 9.3%, its worst September performance since 2002. The Dow Jones Industrial Average fell 8.8%, while the Nasdaq Composite on Friday pushed its total monthly loss to 10.5%, according to Dow Jones Market Data.</p><p>The indexes had booked modest gains in the first half of the month after investors fully priced in a large interest-rate hike at the FOMC meeting late September as August's inflation data showed little sign of easing price pressures. However, the central bank's more-hawkish-than-expected stance caused stocks to give up all those early September gains. The Dow entered its first bear market since March 2020 in the last week of the month, while the benchmark S&P slid to another 2022 low.</p><h2>Bear markets and midterms</h2><p>October's track record may offer some comfort as it has been a turnaround month, or a "bear killer," according to the data from Stock Trader's Almanac.</p><p>"Twelve post-WWII bear markets have ended in October: 1946, 1957, 1960, 1962, 1966, 1974, 1987, 1990, 1998, 2001, 2002 and 2011 (S&P 500 declined 19.4%)," wrote Jeff Hirsch, editor of the Stock Trader's Almanac, in a note on Thursday. "Seven of these years were midterm bottoms."</p><p>Of course 2022 is also a midterm election year, with congressional elections coming up on Nov. 8.</p><p>According to Hirsch, Octobers in the midterm election years are "downright stellar" and usually where the "sweet spot" of the four-year presidential election cycle begins (see chart below).</p><p>"The fourth quarter of the midterm years combines with the first and second quarters of the pre-election years for the best three consecutive quarter span for the market, averaging 19.3% for the DJIA and 20.0% for the S&P 500 (since 1949), and an amazing 29.3% for NASDAQ (since 1971)," wrote Hirsch.</p><p><img src=\"https://static.tigerbbs.com/5e12b4543bc89bc89d7601f09694c8c4\" tg-width=\"700\" tg-height=\"336\" width=\"100%\" height=\"auto\"/></p><h2>'Atypical period'</h2><p>Skeptics aren't convinced the pattern will hold true this October. Ralph Bassett, head of investments at Abrdn, an asset-management firm based in Scotland, said these dynamics could only play out in "more normalized years."</p><p>"This is just such an atypical period for so many reasons," Bassett told MarketWatch in a phone interview on Thursday. "A lot of mutual funds have their fiscal year-end in October, so there tends to be a lot of buying and selling to manage tax losses. That's kind of something that we're going through and you have to be very sensitive to how you manage all of that."</p><p>An old Wall Street adage, "Sell in May and go away," refers to the market's historical underperformance during the six-month period from May to October. Stock Trader's Almanac, which is credited with coining the saying, found investing in stocks from November to April and switching into fixed income the other six months would have "produced reliable returns with reduced risk since 1950."</p><p>Strategists at Stifel, a wealth-management firm, contend the S&P 500, which has fallen more than 23% from its Jan. 3 record finish, is in a bottoming process. They see positive catalysts between the fourth quarter of 2022 and the start of 2023 as Fed policy plus S&P 500 negative seasonality are headwinds that should subside by then.</p><p>"Monetary policy works with a six-month lag, and between the [Nov. 2] and [Dec. 14] final two Fed meetings of 2022, we do see subtle movement toward a data-dependent Fed pause which would bullishly allow investors to focus on (improving) inflation data rather than policy," wrote strategists led by Barry Bannister, chief equity strategist, in a recent note. "This could reinforce positive market seasonality, which is historically strong for the S&P 500 from November to April."</p><h2>October crashes</h2><p>Seasonal trends, however, aren't written in stone. Dow Jones Market Data found the S&P 500 recorded positive returns between May and October in the past six years (see chart below).</p><p><img src=\"https://static.tigerbbs.com/ec700aa8aea3c05bd353dadb6dc79d9f\" tg-width=\"700\" tg-height=\"394\" width=\"100%\" height=\"auto\"/>Anthony Saglimbene, chief markets strategist at Ameriprise Financial, said there are periods in history where October could evoke fear on Wall Street as some large historical market crashes, including those in 1987 and 1929, occurred during the month. The S&P 500 plunged nearly 17% in October 2008 after the implosion of Lehman Brothers, following a 9.1% fall in September.</p><p>"I think that any years where you've had a very difficult year for stocks, seasonality should discount it, because there are some other macro forces [that are] pushing on stocks, and you need to see more clarity on those macro forces that are pushing stocks down," Saglimbene told MarketWatch on Friday. "Frankly, I don't think we're going to see a lot of visibility at least over the next few months."</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>What Investors Need to Know About October's Complicated Stock-Market History</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\">\nWhat Investors Need to Know About October's Complicated Stock-Market History\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-10-03 08:11</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>While September lived up to its reputation as a brutal month for stocks, October tends to be a "bear-market killer," associated with historically strong returns, especially in midterm election years.</p><p>October, however, is also associated with historic market plunges. And skeptics are warning investors that negative economic fundamentals could overwhelm seasonal trends as what's traditionally the roughest period for equities comes to an end.</p><h2>Rough stretch</h2><p>U.S. stocks ended sharply lower on Friday, posting their worst skid in the first nine months of any year in two decades. The S&P 500 recorded a monthly loss of 9.3%, its worst September performance since 2002. The Dow Jones Industrial Average fell 8.8%, while the Nasdaq Composite on Friday pushed its total monthly loss to 10.5%, according to Dow Jones Market Data.</p><p>The indexes had booked modest gains in the first half of the month after investors fully priced in a large interest-rate hike at the FOMC meeting late September as August's inflation data showed little sign of easing price pressures. However, the central bank's more-hawkish-than-expected stance caused stocks to give up all those early September gains. The Dow entered its first bear market since March 2020 in the last week of the month, while the benchmark S&P slid to another 2022 low.</p><h2>Bear markets and midterms</h2><p>October's track record may offer some comfort as it has been a turnaround month, or a "bear killer," according to the data from Stock Trader's Almanac.</p><p>"Twelve post-WWII bear markets have ended in October: 1946, 1957, 1960, 1962, 1966, 1974, 1987, 1990, 1998, 2001, 2002 and 2011 (S&P 500 declined 19.4%)," wrote Jeff Hirsch, editor of the Stock Trader's Almanac, in a note on Thursday. "Seven of these years were midterm bottoms."</p><p>Of course 2022 is also a midterm election year, with congressional elections coming up on Nov. 8.</p><p>According to Hirsch, Octobers in the midterm election years are "downright stellar" and usually where the "sweet spot" of the four-year presidential election cycle begins (see chart below).</p><p>"The fourth quarter of the midterm years combines with the first and second quarters of the pre-election years for the best three consecutive quarter span for the market, averaging 19.3% for the DJIA and 20.0% for the S&P 500 (since 1949), and an amazing 29.3% for NASDAQ (since 1971)," wrote Hirsch.</p><p><img src=\"https://static.tigerbbs.com/5e12b4543bc89bc89d7601f09694c8c4\" tg-width=\"700\" tg-height=\"336\" width=\"100%\" height=\"auto\"/></p><h2>'Atypical period'</h2><p>Skeptics aren't convinced the pattern will hold true this October. Ralph Bassett, head of investments at Abrdn, an asset-management firm based in Scotland, said these dynamics could only play out in "more normalized years."</p><p>"This is just such an atypical period for so many reasons," Bassett told MarketWatch in a phone interview on Thursday. "A lot of mutual funds have their fiscal year-end in October, so there tends to be a lot of buying and selling to manage tax losses. That's kind of something that we're going through and you have to be very sensitive to how you manage all of that."</p><p>An old Wall Street adage, "Sell in May and go away," refers to the market's historical underperformance during the six-month period from May to October. Stock Trader's Almanac, which is credited with coining the saying, found investing in stocks from November to April and switching into fixed income the other six months would have "produced reliable returns with reduced risk since 1950."</p><p>Strategists at Stifel, a wealth-management firm, contend the S&P 500, which has fallen more than 23% from its Jan. 3 record finish, is in a bottoming process. They see positive catalysts between the fourth quarter of 2022 and the start of 2023 as Fed policy plus S&P 500 negative seasonality are headwinds that should subside by then.</p><p>"Monetary policy works with a six-month lag, and between the [Nov. 2] and [Dec. 14] final two Fed meetings of 2022, we do see subtle movement toward a data-dependent Fed pause which would bullishly allow investors to focus on (improving) inflation data rather than policy," wrote strategists led by Barry Bannister, chief equity strategist, in a recent note. "This could reinforce positive market seasonality, which is historically strong for the S&P 500 from November to April."</p><h2>October crashes</h2><p>Seasonal trends, however, aren't written in stone. Dow Jones Market Data found the S&P 500 recorded positive returns between May and October in the past six years (see chart below).</p><p><img src=\"https://static.tigerbbs.com/ec700aa8aea3c05bd353dadb6dc79d9f\" tg-width=\"700\" tg-height=\"394\" width=\"100%\" height=\"auto\"/>Anthony Saglimbene, chief markets strategist at Ameriprise Financial, said there are periods in history where October could evoke fear on Wall Street as some large historical market crashes, including those in 1987 and 1929, occurred during the month. The S&P 500 plunged nearly 17% in October 2008 after the implosion of Lehman Brothers, following a 9.1% fall in September.</p><p>"I think that any years where you've had a very difficult year for stocks, seasonality should discount it, because there are some other macro forces [that are] pushing on stocks, and you need to see more clarity on those macro forces that are pushing stocks down," Saglimbene told MarketWatch on Friday. "Frankly, I don't think we're going to see a lot of visibility at least over the next few months."</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SPY":"标普500ETF","SSO":"两倍做多标普500ETF","BK4581":"高盛持仓","DXD":"道指两倍做空ETF","SDS":"两倍做空标普500ETF","DOG":"道指反向ETF",".SPX":"S&P 500 Index","BK4559":"巴菲特持仓","SPXU":"三倍做空标普500ETF","BK4534":"瑞士信贷持仓","BK4504":"桥水持仓","BK4550":"红杉资本持仓","UDOW":"道指三倍做多ETF-ProShares","IVV":"标普500指数ETF","SDOW":"道指三倍做空ETF-ProShares","SH":"标普500反向ETF","DDM":"道指两倍做多ETF","OEF":"标普100指数ETF-iShares",".DJI":"道琼斯","DJX":"1/100道琼斯","OEX":"标普100","UPRO":"三倍做多标普500ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2272691220","content_text":"While September lived up to its reputation as a brutal month for stocks, October tends to be a \"bear-market killer,\" associated with historically strong returns, especially in midterm election years.October, however, is also associated with historic market plunges. And skeptics are warning investors that negative economic fundamentals could overwhelm seasonal trends as what's traditionally the roughest period for equities comes to an end.Rough stretchU.S. stocks ended sharply lower on Friday, posting their worst skid in the first nine months of any year in two decades. The S&P 500 recorded a monthly loss of 9.3%, its worst September performance since 2002. The Dow Jones Industrial Average fell 8.8%, while the Nasdaq Composite on Friday pushed its total monthly loss to 10.5%, according to Dow Jones Market Data.The indexes had booked modest gains in the first half of the month after investors fully priced in a large interest-rate hike at the FOMC meeting late September as August's inflation data showed little sign of easing price pressures. However, the central bank's more-hawkish-than-expected stance caused stocks to give up all those early September gains. The Dow entered its first bear market since March 2020 in the last week of the month, while the benchmark S&P slid to another 2022 low.Bear markets and midtermsOctober's track record may offer some comfort as it has been a turnaround month, or a \"bear killer,\" according to the data from Stock Trader's Almanac.\"Twelve post-WWII bear markets have ended in October: 1946, 1957, 1960, 1962, 1966, 1974, 1987, 1990, 1998, 2001, 2002 and 2011 (S&P 500 declined 19.4%),\" wrote Jeff Hirsch, editor of the Stock Trader's Almanac, in a note on Thursday. \"Seven of these years were midterm bottoms.\"Of course 2022 is also a midterm election year, with congressional elections coming up on Nov. 8.According to Hirsch, Octobers in the midterm election years are \"downright stellar\" and usually where the \"sweet spot\" of the four-year presidential election cycle begins (see chart below).\"The fourth quarter of the midterm years combines with the first and second quarters of the pre-election years for the best three consecutive quarter span for the market, averaging 19.3% for the DJIA and 20.0% for the S&P 500 (since 1949), and an amazing 29.3% for NASDAQ (since 1971),\" wrote Hirsch.'Atypical period'Skeptics aren't convinced the pattern will hold true this October. Ralph Bassett, head of investments at Abrdn, an asset-management firm based in Scotland, said these dynamics could only play out in \"more normalized years.\"\"This is just such an atypical period for so many reasons,\" Bassett told MarketWatch in a phone interview on Thursday. \"A lot of mutual funds have their fiscal year-end in October, so there tends to be a lot of buying and selling to manage tax losses. That's kind of something that we're going through and you have to be very sensitive to how you manage all of that.\"An old Wall Street adage, \"Sell in May and go away,\" refers to the market's historical underperformance during the six-month period from May to October. Stock Trader's Almanac, which is credited with coining the saying, found investing in stocks from November to April and switching into fixed income the other six months would have \"produced reliable returns with reduced risk since 1950.\"Strategists at Stifel, a wealth-management firm, contend the S&P 500, which has fallen more than 23% from its Jan. 3 record finish, is in a bottoming process. They see positive catalysts between the fourth quarter of 2022 and the start of 2023 as Fed policy plus S&P 500 negative seasonality are headwinds that should subside by then.\"Monetary policy works with a six-month lag, and between the [Nov. 2] and [Dec. 14] final two Fed meetings of 2022, we do see subtle movement toward a data-dependent Fed pause which would bullishly allow investors to focus on (improving) inflation data rather than policy,\" wrote strategists led by Barry Bannister, chief equity strategist, in a recent note. \"This could reinforce positive market seasonality, which is historically strong for the S&P 500 from November to April.\"October crashesSeasonal trends, however, aren't written in stone. Dow Jones Market Data found the S&P 500 recorded positive returns between May and October in the past six years (see chart below).Anthony Saglimbene, chief markets strategist at Ameriprise Financial, said there are periods in history where October could evoke fear on Wall Street as some large historical market crashes, including those in 1987 and 1929, occurred during the month. The S&P 500 plunged nearly 17% in October 2008 after the implosion of Lehman Brothers, following a 9.1% fall in September.\"I think that any years where you've had a very difficult year for stocks, seasonality should discount it, because there are some other macro forces [that are] pushing on stocks, and you need to see more clarity on those macro forces that are pushing stocks down,\" Saglimbene told MarketWatch on Friday. \"Frankly, I don't think we're going to see a lot of visibility at least over the next few months.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916765487,"gmtCreate":1664682133349,"gmtModify":1676537493836,"author":{"id":"3582615574866617","authorId":"3582615574866617","name":"Seah199","avatar":"https://static.tigerbbs.com/ed447d3bfaa313aa35a60489b9a109c2","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582615574866617","authorIdStr":"3582615574866617"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/D05.SI\">$DBS GROUP HOLDINGS LTD(D05.SI)$</a>","listText":"<a href=\"https://ttm.financial/S/D05.SI\">$DBS GROUP HOLDINGS LTD(D05.SI)$</a>","text":"$DBS GROUP HOLDINGS 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😬","text":"$RAFFLES MEDICAL GROUP LTD(BSL.SI)$Keepgoing 😬","images":[{"img":"https://community-static.tradeup.com/news/7abff467b1cd576d8df5f6bd4e3f27c2","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9069146985","isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9901284750,"gmtCreate":1659225208470,"gmtModify":1676536272410,"author":{"id":"3582615574866617","authorId":"3582615574866617","name":"Seah199","avatar":"https://static.tigerbbs.com/ed447d3bfaa313aa35a60489b9a109c2","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582615574866617","authorIdStr":"3582615574866617"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BSL.SI\">$RAFFLES MEDICAL GROUP LTD(BSL.SI)$</a>Finally 😬","listText":"<a href=\"https://ttm.financial/S/BSL.SI\">$RAFFLES MEDICAL GROUP 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sign","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/150781423","repostId":"2147837316","repostType":4,"repost":{"id":"2147837316","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":1624921533,"share":"https://ttm.financial/m/news/2147837316?lang=&edition=fundamental","pubTime":"2021-06-29 07:05","market":"us","language":"en","title":"Tech stock rally sends S&P and Nasdaq to record highs","url":"https://stock-news.laohu8.com/highlight/detail?id=2147837316","media":"Reuters","summary":" - The Nasdaq and S&P 500 hit all-time highs on Monday, fueled by tech stocks as investors expect a robust earnings season while interest rates remain low.Big tech companies including Facebook Inc, Netflix Inc, Twitter Inc and Nvidia Corp were among the biggest boosts to the S&P 500 and the Nasdaq.The S&P 500 continued its recent momentum after paring some earlier losses, recording its third record high in a row, after logging its best weekly performance in 20 weeks last Friday.In contrast, cycl","content":"<p>(Reuters) - The Nasdaq and S&P 500 hit all-time highs on Monday, fueled by tech stocks as investors expect a robust earnings season while interest rates remain low.</p>\n<p>Big tech companies including Facebook Inc, Netflix Inc, Twitter Inc and Nvidia Corp were among the biggest boosts to the S&P 500 and the Nasdaq.</p>\n<p>The S&P 500 continued its recent momentum after paring some earlier losses, recording its third record high in a row, after logging its best weekly performance in 20 weeks last Friday.</p>\n<p>In contrast, cyclical sectors dropped sharply amid fears over a spike in COVID-19 cases across Asia. Financials and energy posted the biggest sectoral loss on S&P 500, down by 0.81% and 3.33%, respectively.</p>\n<p>“It’s end of the quarter and investors may want to take some profits and rotate out of energy and stick with tech,” said Sam Stovall, chief investment strategist at CFRA Research in New York.</p>\n<p>Stovall expects stocks should continue their near-term climb as investors await the new earnings season, in which year-over-year earnings growth of S&P 500 companies is expected to top 60%.</p>\n<p>The Dow Jones Industrial Average fell 150.57 points, or 0.44%, to close at 34,283.27. The S&P 500 pared earlier losses and advanced from Friday’s record high by gaining 9.91 points, or 0.23%, to 4,290.61. The Nasdaq Composite added 140.12 points, or 0.98%, to 14,500.51.</p>\n<p>Both the S&P 500 and the Nasdaq hit a series of record highs last week. the tech-heavy Nasdaq’s 5% gain in June is outpacing its peers as investors pile back in to tech-oriented growth stocks on diminishing worries about runaway inflation.</p>\n<p>“We believe with the Fed putting a realistic goal post, investors now have much more of a risk-on mentality going into the second half of the year. A lot of these tech names have underperformed, while fundamentals were very robust going into the June quarter,” said Wedbush Securities analyst Daniel Ives, who expects the Nasdaq to hit 16,000 by year-end.</p>\n<p>Facebook jumped over 4% as a U.S. judge granted the company’s motion to dismiss a Federal Trade Commission lawsuit. The social media giant finished Monday with over $1 trillion in market capitalization.</p>\n<p>On the Nasdaq 100, the largest gainer was Nvidia Corp, which rose 5.0% after major chip makers Broadcom Inc, Marvell and Taiwan-based MediaTek endorsed its $40 billion deal to buy UK chip designer Arm.</p>\n<p>With the S&P 500 up almost 14% as the first half of 2021 draws to a close, activity in some areas of the market indicates concern over potential volatility, with some investors suggesting the market may be overdue for a significant pullback.</p>\n<p>On the economic front, investor attention will be focused on consumer confidence data, a private jobs report and a crucial monthly employment report due later this week. Quarterly results from Micron Technology Inc and Walgreens Boots Alliance are also slated for this week.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.38-to-1 ratio; on Nasdaq, a 1.09-to-1 ratio favored decliners.</p>\n<p>The S&P 500 posted 36 new 52-week highs and no new lows; the Nasdaq Composite recorded 100 new highs and 31 new lows.</p>\n<p>Volume on U.S. exchanges was 9.55 billion shares, compared with the 11.17 billion average for the full session over the last 20 trading days.</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>Tech stock rally sends S&P and Nasdaq to record highs</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\">\nTech stock rally sends S&P and Nasdaq to record highs\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\">2021-06-29 07:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Reuters) - The Nasdaq and S&P 500 hit all-time highs on Monday, fueled by tech stocks as investors expect a robust earnings season while interest rates remain low.</p>\n<p>Big tech companies including Facebook Inc, Netflix Inc, Twitter Inc and Nvidia Corp were among the biggest boosts to the S&P 500 and the Nasdaq.</p>\n<p>The S&P 500 continued its recent momentum after paring some earlier losses, recording its third record high in a row, after logging its best weekly performance in 20 weeks last Friday.</p>\n<p>In contrast, cyclical sectors dropped sharply amid fears over a spike in COVID-19 cases across Asia. Financials and energy posted the biggest sectoral loss on S&P 500, down by 0.81% and 3.33%, respectively.</p>\n<p>“It’s end of the quarter and investors may want to take some profits and rotate out of energy and stick with tech,” said Sam Stovall, chief investment strategist at CFRA Research in New York.</p>\n<p>Stovall expects stocks should continue their near-term climb as investors await the new earnings season, in which year-over-year earnings growth of S&P 500 companies is expected to top 60%.</p>\n<p>The Dow Jones Industrial Average fell 150.57 points, or 0.44%, to close at 34,283.27. The S&P 500 pared earlier losses and advanced from Friday’s record high by gaining 9.91 points, or 0.23%, to 4,290.61. The Nasdaq Composite added 140.12 points, or 0.98%, to 14,500.51.</p>\n<p>Both the S&P 500 and the Nasdaq hit a series of record highs last week. the tech-heavy Nasdaq’s 5% gain in June is outpacing its peers as investors pile back in to tech-oriented growth stocks on diminishing worries about runaway inflation.</p>\n<p>“We believe with the Fed putting a realistic goal post, investors now have much more of a risk-on mentality going into the second half of the year. A lot of these tech names have underperformed, while fundamentals were very robust going into the June quarter,” said Wedbush Securities analyst Daniel Ives, who expects the Nasdaq to hit 16,000 by year-end.</p>\n<p>Facebook jumped over 4% as a U.S. judge granted the company’s motion to dismiss a Federal Trade Commission lawsuit. The social media giant finished Monday with over $1 trillion in market capitalization.</p>\n<p>On the Nasdaq 100, the largest gainer was Nvidia Corp, which rose 5.0% after major chip makers Broadcom Inc, Marvell and Taiwan-based MediaTek endorsed its $40 billion deal to buy UK chip designer Arm.</p>\n<p>With the S&P 500 up almost 14% as the first half of 2021 draws to a close, activity in some areas of the market indicates concern over potential volatility, with some investors suggesting the market may be overdue for a significant pullback.</p>\n<p>On the economic front, investor attention will be focused on consumer confidence data, a private jobs report and a crucial monthly employment report due later this week. Quarterly results from Micron Technology Inc and Walgreens Boots Alliance are also slated for this week.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.38-to-1 ratio; on Nasdaq, a 1.09-to-1 ratio favored decliners.</p>\n<p>The S&P 500 posted 36 new 52-week highs and no new lows; the Nasdaq Composite recorded 100 new highs and 31 new lows.</p>\n<p>Volume on U.S. exchanges was 9.55 billion shares, compared with the 11.17 billion average for the full session over the last 20 trading days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MU":"美光科技","QQQ":"纳指100ETF",".SPX":"S&P 500 Index","SQQQ":"纳指三倍做空ETF","NFLX":"奈飞","TWTR":"Twitter","WBA":"沃尔格林联合博姿","QLD":"纳指两倍做多ETF",".DJI":"道琼斯","PSQ":"纳指反向ETF","NDAQ":"纳斯达克OMX交易所","TQQQ":"纳指三倍做多ETF","NVDA":"英伟达","QID":"纳指两倍做空ETF",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147837316","content_text":"(Reuters) - The Nasdaq and S&P 500 hit all-time highs on Monday, fueled by tech stocks as investors expect a robust earnings season while interest rates remain low.\nBig tech companies including Facebook Inc, Netflix Inc, Twitter Inc and Nvidia Corp were among the biggest boosts to the S&P 500 and the Nasdaq.\nThe S&P 500 continued its recent momentum after paring some earlier losses, recording its third record high in a row, after logging its best weekly performance in 20 weeks last Friday.\nIn contrast, cyclical sectors dropped sharply amid fears over a spike in COVID-19 cases across Asia. Financials and energy posted the biggest sectoral loss on S&P 500, down by 0.81% and 3.33%, respectively.\n“It’s end of the quarter and investors may want to take some profits and rotate out of energy and stick with tech,” said Sam Stovall, chief investment strategist at CFRA Research in New York.\nStovall expects stocks should continue their near-term climb as investors await the new earnings season, in which year-over-year earnings growth of S&P 500 companies is expected to top 60%.\nThe Dow Jones Industrial Average fell 150.57 points, or 0.44%, to close at 34,283.27. The S&P 500 pared earlier losses and advanced from Friday’s record high by gaining 9.91 points, or 0.23%, to 4,290.61. The Nasdaq Composite added 140.12 points, or 0.98%, to 14,500.51.\nBoth the S&P 500 and the Nasdaq hit a series of record highs last week. the tech-heavy Nasdaq’s 5% gain in June is outpacing its peers as investors pile back in to tech-oriented growth stocks on diminishing worries about runaway inflation.\n“We believe with the Fed putting a realistic goal post, investors now have much more of a risk-on mentality going into the second half of the year. A lot of these tech names have underperformed, while fundamentals were very robust going into the June quarter,” said Wedbush Securities analyst Daniel Ives, who expects the Nasdaq to hit 16,000 by year-end.\nFacebook jumped over 4% as a U.S. judge granted the company’s motion to dismiss a Federal Trade Commission lawsuit. The social media giant finished Monday with over $1 trillion in market capitalization.\nOn the Nasdaq 100, the largest gainer was Nvidia Corp, which rose 5.0% after major chip makers Broadcom Inc, Marvell and Taiwan-based MediaTek endorsed its $40 billion deal to buy UK chip designer Arm.\nWith the S&P 500 up almost 14% as the first half of 2021 draws to a close, activity in some areas of the market indicates concern over potential volatility, with some investors suggesting the market may be overdue for a significant pullback.\nOn the economic front, investor attention will be focused on consumer confidence data, a private jobs report and a crucial monthly employment report due later this week. Quarterly results from Micron Technology Inc and Walgreens Boots Alliance are also slated for this week.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.38-to-1 ratio; on Nasdaq, a 1.09-to-1 ratio favored decliners.\nThe S&P 500 posted 36 new 52-week highs and no new lows; the Nasdaq Composite recorded 100 new highs and 31 new lows.\nVolume on U.S. exchanges was 9.55 billion shares, compared with the 11.17 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":25,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9912345354,"gmtCreate":1664761873078,"gmtModify":1676537503949,"author":{"id":"3582615574866617","authorId":"3582615574866617","name":"Seah199","avatar":"https://static.tigerbbs.com/ed447d3bfaa313aa35a60489b9a109c2","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582615574866617","authorIdStr":"3582615574866617"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9912345354","repostId":"2272691220","repostType":4,"repost":{"id":"2272691220","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1664755882,"share":"https://ttm.financial/m/news/2272691220?lang=&edition=fundamental","pubTime":"2022-10-03 08:11","market":"us","language":"en","title":"What Investors Need to Know About October's Complicated Stock-Market History","url":"https://stock-news.laohu8.com/highlight/detail?id=2272691220","media":"Dow Jones","summary":"While September lived up to its reputation as a brutal month for stocks, October tends to be a \"bear-market killer,\" associated with historically strong returns, especially in midterm election years.O","content":"<html><head></head><body><p>While September lived up to its reputation as a brutal month for stocks, October tends to be a "bear-market killer," associated with historically strong returns, especially in midterm election years.</p><p>October, however, is also associated with historic market plunges. And skeptics are warning investors that negative economic fundamentals could overwhelm seasonal trends as what's traditionally the roughest period for equities comes to an end.</p><h2>Rough stretch</h2><p>U.S. stocks ended sharply lower on Friday, posting their worst skid in the first nine months of any year in two decades. The S&P 500 recorded a monthly loss of 9.3%, its worst September performance since 2002. The Dow Jones Industrial Average fell 8.8%, while the Nasdaq Composite on Friday pushed its total monthly loss to 10.5%, according to Dow Jones Market Data.</p><p>The indexes had booked modest gains in the first half of the month after investors fully priced in a large interest-rate hike at the FOMC meeting late September as August's inflation data showed little sign of easing price pressures. However, the central bank's more-hawkish-than-expected stance caused stocks to give up all those early September gains. The Dow entered its first bear market since March 2020 in the last week of the month, while the benchmark S&P slid to another 2022 low.</p><h2>Bear markets and midterms</h2><p>October's track record may offer some comfort as it has been a turnaround month, or a "bear killer," according to the data from Stock Trader's Almanac.</p><p>"Twelve post-WWII bear markets have ended in October: 1946, 1957, 1960, 1962, 1966, 1974, 1987, 1990, 1998, 2001, 2002 and 2011 (S&P 500 declined 19.4%)," wrote Jeff Hirsch, editor of the Stock Trader's Almanac, in a note on Thursday. "Seven of these years were midterm bottoms."</p><p>Of course 2022 is also a midterm election year, with congressional elections coming up on Nov. 8.</p><p>According to Hirsch, Octobers in the midterm election years are "downright stellar" and usually where the "sweet spot" of the four-year presidential election cycle begins (see chart below).</p><p>"The fourth quarter of the midterm years combines with the first and second quarters of the pre-election years for the best three consecutive quarter span for the market, averaging 19.3% for the DJIA and 20.0% for the S&P 500 (since 1949), and an amazing 29.3% for NASDAQ (since 1971)," wrote Hirsch.</p><p><img src=\"https://static.tigerbbs.com/5e12b4543bc89bc89d7601f09694c8c4\" tg-width=\"700\" tg-height=\"336\" width=\"100%\" height=\"auto\"/></p><h2>'Atypical period'</h2><p>Skeptics aren't convinced the pattern will hold true this October. Ralph Bassett, head of investments at Abrdn, an asset-management firm based in Scotland, said these dynamics could only play out in "more normalized years."</p><p>"This is just such an atypical period for so many reasons," Bassett told MarketWatch in a phone interview on Thursday. "A lot of mutual funds have their fiscal year-end in October, so there tends to be a lot of buying and selling to manage tax losses. That's kind of something that we're going through and you have to be very sensitive to how you manage all of that."</p><p>An old Wall Street adage, "Sell in May and go away," refers to the market's historical underperformance during the six-month period from May to October. Stock Trader's Almanac, which is credited with coining the saying, found investing in stocks from November to April and switching into fixed income the other six months would have "produced reliable returns with reduced risk since 1950."</p><p>Strategists at Stifel, a wealth-management firm, contend the S&P 500, which has fallen more than 23% from its Jan. 3 record finish, is in a bottoming process. They see positive catalysts between the fourth quarter of 2022 and the start of 2023 as Fed policy plus S&P 500 negative seasonality are headwinds that should subside by then.</p><p>"Monetary policy works with a six-month lag, and between the [Nov. 2] and [Dec. 14] final two Fed meetings of 2022, we do see subtle movement toward a data-dependent Fed pause which would bullishly allow investors to focus on (improving) inflation data rather than policy," wrote strategists led by Barry Bannister, chief equity strategist, in a recent note. "This could reinforce positive market seasonality, which is historically strong for the S&P 500 from November to April."</p><h2>October crashes</h2><p>Seasonal trends, however, aren't written in stone. Dow Jones Market Data found the S&P 500 recorded positive returns between May and October in the past six years (see chart below).</p><p><img src=\"https://static.tigerbbs.com/ec700aa8aea3c05bd353dadb6dc79d9f\" tg-width=\"700\" tg-height=\"394\" width=\"100%\" height=\"auto\"/>Anthony Saglimbene, chief markets strategist at Ameriprise Financial, said there are periods in history where October could evoke fear on Wall Street as some large historical market crashes, including those in 1987 and 1929, occurred during the month. The S&P 500 plunged nearly 17% in October 2008 after the implosion of Lehman Brothers, following a 9.1% fall in September.</p><p>"I think that any years where you've had a very difficult year for stocks, seasonality should discount it, because there are some other macro forces [that are] pushing on stocks, and you need to see more clarity on those macro forces that are pushing stocks down," Saglimbene told MarketWatch on Friday. "Frankly, I don't think we're going to see a lot of visibility at least over the next few months."</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>What Investors Need to Know About October's Complicated Stock-Market History</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\">\nWhat Investors Need to Know About October's Complicated Stock-Market History\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-10-03 08:11</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>While September lived up to its reputation as a brutal month for stocks, October tends to be a "bear-market killer," associated with historically strong returns, especially in midterm election years.</p><p>October, however, is also associated with historic market plunges. And skeptics are warning investors that negative economic fundamentals could overwhelm seasonal trends as what's traditionally the roughest period for equities comes to an end.</p><h2>Rough stretch</h2><p>U.S. stocks ended sharply lower on Friday, posting their worst skid in the first nine months of any year in two decades. The S&P 500 recorded a monthly loss of 9.3%, its worst September performance since 2002. The Dow Jones Industrial Average fell 8.8%, while the Nasdaq Composite on Friday pushed its total monthly loss to 10.5%, according to Dow Jones Market Data.</p><p>The indexes had booked modest gains in the first half of the month after investors fully priced in a large interest-rate hike at the FOMC meeting late September as August's inflation data showed little sign of easing price pressures. However, the central bank's more-hawkish-than-expected stance caused stocks to give up all those early September gains. The Dow entered its first bear market since March 2020 in the last week of the month, while the benchmark S&P slid to another 2022 low.</p><h2>Bear markets and midterms</h2><p>October's track record may offer some comfort as it has been a turnaround month, or a "bear killer," according to the data from Stock Trader's Almanac.</p><p>"Twelve post-WWII bear markets have ended in October: 1946, 1957, 1960, 1962, 1966, 1974, 1987, 1990, 1998, 2001, 2002 and 2011 (S&P 500 declined 19.4%)," wrote Jeff Hirsch, editor of the Stock Trader's Almanac, in a note on Thursday. "Seven of these years were midterm bottoms."</p><p>Of course 2022 is also a midterm election year, with congressional elections coming up on Nov. 8.</p><p>According to Hirsch, Octobers in the midterm election years are "downright stellar" and usually where the "sweet spot" of the four-year presidential election cycle begins (see chart below).</p><p>"The fourth quarter of the midterm years combines with the first and second quarters of the pre-election years for the best three consecutive quarter span for the market, averaging 19.3% for the DJIA and 20.0% for the S&P 500 (since 1949), and an amazing 29.3% for NASDAQ (since 1971)," wrote Hirsch.</p><p><img src=\"https://static.tigerbbs.com/5e12b4543bc89bc89d7601f09694c8c4\" tg-width=\"700\" tg-height=\"336\" width=\"100%\" height=\"auto\"/></p><h2>'Atypical period'</h2><p>Skeptics aren't convinced the pattern will hold true this October. Ralph Bassett, head of investments at Abrdn, an asset-management firm based in Scotland, said these dynamics could only play out in "more normalized years."</p><p>"This is just such an atypical period for so many reasons," Bassett told MarketWatch in a phone interview on Thursday. "A lot of mutual funds have their fiscal year-end in October, so there tends to be a lot of buying and selling to manage tax losses. That's kind of something that we're going through and you have to be very sensitive to how you manage all of that."</p><p>An old Wall Street adage, "Sell in May and go away," refers to the market's historical underperformance during the six-month period from May to October. Stock Trader's Almanac, which is credited with coining the saying, found investing in stocks from November to April and switching into fixed income the other six months would have "produced reliable returns with reduced risk since 1950."</p><p>Strategists at Stifel, a wealth-management firm, contend the S&P 500, which has fallen more than 23% from its Jan. 3 record finish, is in a bottoming process. They see positive catalysts between the fourth quarter of 2022 and the start of 2023 as Fed policy plus S&P 500 negative seasonality are headwinds that should subside by then.</p><p>"Monetary policy works with a six-month lag, and between the [Nov. 2] and [Dec. 14] final two Fed meetings of 2022, we do see subtle movement toward a data-dependent Fed pause which would bullishly allow investors to focus on (improving) inflation data rather than policy," wrote strategists led by Barry Bannister, chief equity strategist, in a recent note. "This could reinforce positive market seasonality, which is historically strong for the S&P 500 from November to April."</p><h2>October crashes</h2><p>Seasonal trends, however, aren't written in stone. Dow Jones Market Data found the S&P 500 recorded positive returns between May and October in the past six years (see chart below).</p><p><img src=\"https://static.tigerbbs.com/ec700aa8aea3c05bd353dadb6dc79d9f\" tg-width=\"700\" tg-height=\"394\" width=\"100%\" height=\"auto\"/>Anthony Saglimbene, chief markets strategist at Ameriprise Financial, said there are periods in history where October could evoke fear on Wall Street as some large historical market crashes, including those in 1987 and 1929, occurred during the month. The S&P 500 plunged nearly 17% in October 2008 after the implosion of Lehman Brothers, following a 9.1% fall in September.</p><p>"I think that any years where you've had a very difficult year for stocks, seasonality should discount it, because there are some other macro forces [that are] pushing on stocks, and you need to see more clarity on those macro forces that are pushing stocks down," Saglimbene told MarketWatch on Friday. "Frankly, I don't think we're going to see a lot of visibility at least over the next few months."</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SPY":"标普500ETF","SSO":"两倍做多标普500ETF","BK4581":"高盛持仓","DXD":"道指两倍做空ETF","SDS":"两倍做空标普500ETF","DOG":"道指反向ETF",".SPX":"S&P 500 Index","BK4559":"巴菲特持仓","SPXU":"三倍做空标普500ETF","BK4534":"瑞士信贷持仓","BK4504":"桥水持仓","BK4550":"红杉资本持仓","UDOW":"道指三倍做多ETF-ProShares","IVV":"标普500指数ETF","SDOW":"道指三倍做空ETF-ProShares","SH":"标普500反向ETF","DDM":"道指两倍做多ETF","OEF":"标普100指数ETF-iShares",".DJI":"道琼斯","DJX":"1/100道琼斯","OEX":"标普100","UPRO":"三倍做多标普500ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2272691220","content_text":"While September lived up to its reputation as a brutal month for stocks, October tends to be a \"bear-market killer,\" associated with historically strong returns, especially in midterm election years.October, however, is also associated with historic market plunges. And skeptics are warning investors that negative economic fundamentals could overwhelm seasonal trends as what's traditionally the roughest period for equities comes to an end.Rough stretchU.S. stocks ended sharply lower on Friday, posting their worst skid in the first nine months of any year in two decades. The S&P 500 recorded a monthly loss of 9.3%, its worst September performance since 2002. The Dow Jones Industrial Average fell 8.8%, while the Nasdaq Composite on Friday pushed its total monthly loss to 10.5%, according to Dow Jones Market Data.The indexes had booked modest gains in the first half of the month after investors fully priced in a large interest-rate hike at the FOMC meeting late September as August's inflation data showed little sign of easing price pressures. However, the central bank's more-hawkish-than-expected stance caused stocks to give up all those early September gains. The Dow entered its first bear market since March 2020 in the last week of the month, while the benchmark S&P slid to another 2022 low.Bear markets and midtermsOctober's track record may offer some comfort as it has been a turnaround month, or a \"bear killer,\" according to the data from Stock Trader's Almanac.\"Twelve post-WWII bear markets have ended in October: 1946, 1957, 1960, 1962, 1966, 1974, 1987, 1990, 1998, 2001, 2002 and 2011 (S&P 500 declined 19.4%),\" wrote Jeff Hirsch, editor of the Stock Trader's Almanac, in a note on Thursday. \"Seven of these years were midterm bottoms.\"Of course 2022 is also a midterm election year, with congressional elections coming up on Nov. 8.According to Hirsch, Octobers in the midterm election years are \"downright stellar\" and usually where the \"sweet spot\" of the four-year presidential election cycle begins (see chart below).\"The fourth quarter of the midterm years combines with the first and second quarters of the pre-election years for the best three consecutive quarter span for the market, averaging 19.3% for the DJIA and 20.0% for the S&P 500 (since 1949), and an amazing 29.3% for NASDAQ (since 1971),\" wrote Hirsch.'Atypical period'Skeptics aren't convinced the pattern will hold true this October. Ralph Bassett, head of investments at Abrdn, an asset-management firm based in Scotland, said these dynamics could only play out in \"more normalized years.\"\"This is just such an atypical period for so many reasons,\" Bassett told MarketWatch in a phone interview on Thursday. \"A lot of mutual funds have their fiscal year-end in October, so there tends to be a lot of buying and selling to manage tax losses. That's kind of something that we're going through and you have to be very sensitive to how you manage all of that.\"An old Wall Street adage, \"Sell in May and go away,\" refers to the market's historical underperformance during the six-month period from May to October. Stock Trader's Almanac, which is credited with coining the saying, found investing in stocks from November to April and switching into fixed income the other six months would have \"produced reliable returns with reduced risk since 1950.\"Strategists at Stifel, a wealth-management firm, contend the S&P 500, which has fallen more than 23% from its Jan. 3 record finish, is in a bottoming process. They see positive catalysts between the fourth quarter of 2022 and the start of 2023 as Fed policy plus S&P 500 negative seasonality are headwinds that should subside by then.\"Monetary policy works with a six-month lag, and between the [Nov. 2] and [Dec. 14] final two Fed meetings of 2022, we do see subtle movement toward a data-dependent Fed pause which would bullishly allow investors to focus on (improving) inflation data rather than policy,\" wrote strategists led by Barry Bannister, chief equity strategist, in a recent note. \"This could reinforce positive market seasonality, which is historically strong for the S&P 500 from November to April.\"October crashesSeasonal trends, however, aren't written in stone. Dow Jones Market Data found the S&P 500 recorded positive returns between May and October in the past six years (see chart below).Anthony Saglimbene, chief markets strategist at Ameriprise Financial, said there are periods in history where October could evoke fear on Wall Street as some large historical market crashes, including those in 1987 and 1929, occurred during the month. The S&P 500 plunged nearly 17% in October 2008 after the implosion of Lehman Brothers, following a 9.1% fall in September.\"I think that any years where you've had a very difficult year for stocks, seasonality should discount it, because there are some other macro forces [that are] pushing on stocks, and you need to see more clarity on those macro forces that are pushing stocks down,\" Saglimbene told MarketWatch on Friday. \"Frankly, I don't think we're going to see a lot of visibility at least over the next few months.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938697673,"gmtCreate":1662599107492,"gmtModify":1676537096939,"author":{"id":"3582615574866617","authorId":"3582615574866617","name":"Seah199","avatar":"https://static.tigerbbs.com/ed447d3bfaa313aa35a60489b9a109c2","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582615574866617","authorIdStr":"3582615574866617"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BSL.SI\">$RAFFLES MEDICAL GROUP LTD(BSL.SI)$</a>","listText":"<a href=\"https://ttm.financial/S/BSL.SI\">$RAFFLES MEDICAL GROUP LTD(BSL.SI)$</a>","text":"$RAFFLES MEDICAL GROUP LTD(BSL.SI)$","images":[{"img":"https://community-static.tradeup.com/news/cdb9ff974d41dcebaae2b525afbbd5e6","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9938697673","isVote":1,"tweetType":1,"viewCount":253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9071726625,"gmtCreate":1657587356667,"gmtModify":1676536030351,"author":{"id":"3582615574866617","authorId":"3582615574866617","name":"Seah199","avatar":"https://static.tigerbbs.com/ed447d3bfaa313aa35a60489b9a109c2","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582615574866617","authorIdStr":"3582615574866617"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9071726625","repostId":"2250658589","repostType":4,"repost":{"id":"2250658589","pubTimestamp":1657584170,"share":"https://ttm.financial/m/news/2250658589?lang=&edition=fundamental","pubTime":"2022-07-12 08:02","market":"us","language":"en","title":"Netflix Interviewing Multiple External Candidates for New Senior Role Overseeing Ad-Supported Tier","url":"https://stock-news.laohu8.com/highlight/detail?id=2250658589","media":"The Wall Street Journal","summary":"Netflix is searching for an executive to lead the creation of an ad-supported tier of its service, a","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/NFLX\">Netflix</a> is searching for an executive to lead the creation of an ad-supported tier of its service, according to people familiar with the matter, and has interviewed candidates outside the company.</p><p>Among the candidates is Pooja Midha, chief growth officer of Comcast Corp.’s advertising unit, who has interviewed with Netflix extensively in recent weeks, the people said.</p><p>The company has also considered several other candidates, including Peter Naylor, <a href=\"https://laohu8.com/S/SNAP\">Snap Inc.</a>’s vice president of sales for the Americas and a former Hulu executive, they said.</p><p>The executive the streaming company taps for the role will face an urgent task as Netflix tries to bring ads to its service for the first time. The company in April said it was exploring offering a lower-priced ad-supported version as it posted its first quarterly subscriber loss in more than a decade.</p><p>Netflix has had ongoing discussions with potential partners, including Comcast and its NBCUniversal unit and Alphabet Inc.’s Google, about the ad technology and sales force it needs, The Wall Street Journal reported last month.</p><p>Netflix has considered, among other things, creating an ad-supported option for each of its three tiers of service, which offer varying degrees of image quality and number of screens that can be used simultaneously, people with knowledge of those discussions said. The company is open to sharing advertising revenue with a partner that helps it enter the ad business, one of the people said.</p><p>“We are still in the early days of deciding how to launch a lower priced, ad supported option and no decisions have been made,” a Netflix spokeswoman said.</p><p>Netflix co-Chief Executive Ted Sarandos said last month that the company wanted an easy entry into the ad market and would build on its business from there. He also said Netflix was looking to create an ad experience that is less disruptive to viewers than traditional television ads. Executives want to create an ad-supported tier that existing subscribers can opt into and that doesn’t cause subscribers to leave Netflix, the people with knowledge of internal discussions said. The company hopes to appeal to big advertisers as a high-quality place to buy ads because of the scale of its subscriber base and how engaged viewers on the platform are, one of the people said.</p><p>A top concern Netflix has raised is how potential partners’ data-privacy policies would affect their handling of subscriber information, the people said.</p><p>A partnership with Comcast would mark a significant milestone in the occasionally contentious relationship between Netflix and the cable giant. Netflix in 2014 picked a fight with Comcast, Verizon Communications Inc. and AT&T Inc., accusing them of slowing delivery of its movies and TV shows to gain leverage in a pricing dispute.</p><p>Three years later, the company backed away from the fight after forming deals with broadband providers to pay for bandwidth on their networks.</p><p>Netflix has looked closely at Walt Disney Co.-controlled Hulu as a model of how a streaming service can generate more revenue from subscribers who are on ad-supported tiers, the people familiar with Netflix’s discussions said.</p><p>Netflix could generate $1.2 billion in advertising revenue in the U.S. by 2025, MoffettNathanson LLC analysts estimate. They said the company has the potential to expand that business in international markets.</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>Netflix Interviewing Multiple External Candidates for New Senior Role Overseeing Ad-Supported Tier</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\">\nNetflix Interviewing Multiple External Candidates for New Senior Role Overseeing Ad-Supported Tier\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-12 08:02 GMT+8 <a href=https://www.wsj.com/articles/netflix-interviewing-multiple-external-candidates-for-new-senior-role-overseeing-ad-supported-tier-11657558796?mod=business_lead_pos7><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Netflix is searching for an executive to lead the creation of an ad-supported tier of its service, according to people familiar with the matter, and has interviewed candidates outside the company....</p>\n\n<a href=\"https://www.wsj.com/articles/netflix-interviewing-multiple-external-candidates-for-new-senior-role-overseeing-ad-supported-tier-11657558796?mod=business_lead_pos7\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://www.wsj.com/articles/netflix-interviewing-multiple-external-candidates-for-new-senior-role-overseeing-ad-supported-tier-11657558796?mod=business_lead_pos7","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2250658589","content_text":"Netflix is searching for an executive to lead the creation of an ad-supported tier of its service, according to people familiar with the matter, and has interviewed candidates outside the company.Among the candidates is Pooja Midha, chief growth officer of Comcast Corp.’s advertising unit, who has interviewed with Netflix extensively in recent weeks, the people said.The company has also considered several other candidates, including Peter Naylor, Snap Inc.’s vice president of sales for the Americas and a former Hulu executive, they said.The executive the streaming company taps for the role will face an urgent task as Netflix tries to bring ads to its service for the first time. The company in April said it was exploring offering a lower-priced ad-supported version as it posted its first quarterly subscriber loss in more than a decade.Netflix has had ongoing discussions with potential partners, including Comcast and its NBCUniversal unit and Alphabet Inc.’s Google, about the ad technology and sales force it needs, The Wall Street Journal reported last month.Netflix has considered, among other things, creating an ad-supported option for each of its three tiers of service, which offer varying degrees of image quality and number of screens that can be used simultaneously, people with knowledge of those discussions said. The company is open to sharing advertising revenue with a partner that helps it enter the ad business, one of the people said.“We are still in the early days of deciding how to launch a lower priced, ad supported option and no decisions have been made,” a Netflix spokeswoman said.Netflix co-Chief Executive Ted Sarandos said last month that the company wanted an easy entry into the ad market and would build on its business from there. He also said Netflix was looking to create an ad experience that is less disruptive to viewers than traditional television ads. Executives want to create an ad-supported tier that existing subscribers can opt into and that doesn’t cause subscribers to leave Netflix, the people with knowledge of internal discussions said. The company hopes to appeal to big advertisers as a high-quality place to buy ads because of the scale of its subscriber base and how engaged viewers on the platform are, one of the people said.A top concern Netflix has raised is how potential partners’ data-privacy policies would affect their handling of subscriber information, the people said.A partnership with Comcast would mark a significant milestone in the occasionally contentious relationship between Netflix and the cable giant. Netflix in 2014 picked a fight with Comcast, Verizon Communications Inc. and AT&T Inc., accusing them of slowing delivery of its movies and TV shows to gain leverage in a pricing dispute.Three years later, the company backed away from the fight after forming deals with broadband providers to pay for bandwidth on their networks.Netflix has looked closely at Walt Disney Co.-controlled Hulu as a model of how a streaming service can generate more revenue from subscribers who are on ad-supported tiers, the people familiar with Netflix’s discussions said.Netflix could generate $1.2 billion in advertising revenue in the U.S. by 2025, MoffettNathanson LLC analysts estimate. They said the company has the potential to expand that business in international markets.","news_type":1},"isVote":1,"tweetType":1,"viewCount":5,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9933711936,"gmtCreate":1662343826225,"gmtModify":1676537040977,"author":{"id":"3582615574866617","authorId":"3582615574866617","name":"Seah199","avatar":"https://static.tigerbbs.com/ed447d3bfaa313aa35a60489b9a109c2","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582615574866617","authorIdStr":"3582615574866617"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BSL.SI\">$RAFFLES MEDICAL GROUP LTD(BSL.SI)$</a>Any room to go??","listText":"<a href=\"https://ttm.financial/S/BSL.SI\">$RAFFLES MEDICAL GROUP LTD(BSL.SI)$</a>Any room to go??","text":"$RAFFLES MEDICAL GROUP LTD(BSL.SI)$Any room to go??","images":[{"img":"https://community-static.tradeup.com/news/375504eadf739299832764bcc80c87e2","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9933711936","isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9072360565,"gmtCreate":1657957138357,"gmtModify":1676536088230,"author":{"id":"3582615574866617","authorId":"3582615574866617","name":"Seah199","avatar":"https://static.tigerbbs.com/ed447d3bfaa313aa35a60489b9a109c2","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582615574866617","authorIdStr":"3582615574866617"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9072360565","repostId":"1198433593","repostType":4,"isVote":1,"tweetType":1,"viewCount":138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9071728976,"gmtCreate":1657587279495,"gmtModify":1676536030327,"author":{"id":"3582615574866617","authorId":"3582615574866617","name":"Seah199","avatar":"https://static.tigerbbs.com/ed447d3bfaa313aa35a60489b9a109c2","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582615574866617","authorIdStr":"3582615574866617"},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9071728976","repostId":"2250196595","repostType":4,"repost":{"id":"2250196595","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1657610294,"share":"https://ttm.financial/m/news/2250196595?lang=&edition=fundamental","pubTime":"2022-07-12 15:18","market":"us","language":"en","title":"4 Big Risks Facing the Stock Market As Earnings Season Kicks off","url":"https://stock-news.laohu8.com/highlight/detail?id=2250196595","media":"Dow Jones","summary":"As investors' concerns about slowing U.S. economic growth manifested in the form of falling commodit","content":"<html><head></head><body><p>As investors' concerns about slowing U.S. economic growth manifested in the form of falling commodity prices, while the strong U.S. dollar weighs on American multinationals' international earnings, analysts with Bank of America Global Research <a href=\"https://laohu8.com/S/BAC\">$(BAC)$</a> and other sell-side research shops have highlighted the following paradox: expectations for corporate earnings growth remain relatively robust, even as analysts' fears that inflation and tightening financial conditions could provoke a recession before the end of the year.</p><p>Given the difficult performance that U.S. stocks have endured this year, many beaten-down investors are hoping that strong corporate results (at least, relative to expectations) might catalyze a durable rebound in U.S. equities. Others fear that a disappointment might remove one of the last supports for U.S. equities as corporate earnings experienced a durable post-COVID rebound and even surpassed expectations during the first quarter of 2022.</p><p>Expectations for quarterly earnings-per-share growth for the S&P 500 have risen to 5.5% as of Monday, compared with 5.3% as of one month ago, according to S&P Global Market Intelligence. According to data from FactSet, earnings for the first 18 S&P 500 companies have been stronger than expected -- but the bulk of corporate earnings, including the most valuable members of the market-capitalization-weighted benchmark, lie ahead.</p><p>That will begin to change later this week. "Earnings season" -- as analysts call it -- begins Thursday with J.P. Morgan Chase & Co., <a href=\"https://laohu8.com/S/JPM\">$(JPM)$</a> and a slew of reports from the biggest U.S. banks. By July 29, more than 70% of S&P 500 constituents will have reported their second-quarter results.</p><p>Although quarterly earnings for S&P 500 firms typically exceed expectations, FactSet pointed out that merely meeting expectations for earnings during April, May and June would leave U.S. companies with their slowest growth in profits since the fourth quarter of 2020.</p><p>Still, as investors prepare for the torrent of earnings ahead, MarketWatch has put together a roundup of what some of the big investment banks are telling their clients ahead of the quarterly earnings deluge., which starts Thursday with reports from J.P. Morgan Chase & Co.</p><p>Read:Wall Street profit expectations for megabanks have cooled ahead of earnings amid a deep freeze in stocks</p><h3>Strong dollar brings risks</h3><p><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>'s <a href=\"https://laohu8.com/S/MS\">$(MS)$</a> Chief Equity Strategist Michael Wilson has received a lot of credit for correctly calling the selloff in equities this year (he was one of Wall Street's most skeptical voices during most of the COVID rally as well). Looking ahead, he remains bearish, warning clients in a research note dated Monday that the strong dollar could create an unexpectedly large tailwind for second-quarter corporate earnings.</p><p>In aggregate, U.S. companies generate about 30% of their sales abroad. A strong dollar means corporations lose money to the exchange rate, while making it increasingly expensive to hedge their risk.</p><p>"From the standpoint of stocks, the stronger dollar is going to be a major headwind to earnings for many large multinationals. This could not be coming at a worse time as companies are already struggling with margin pressure from cost inflation, higher/unwanted inventories, and slower demand," Wilson and his team wrote.</p><p>Pointing to a negative correlation between S&P 500 earnings revisions and the stronger dollar, Wilson said the math here is relatively simple: every percentage point increase in the dollar on a year-over-year basis results in approximately a 0.5 percentage point hit to EPS growth. At today's 16% year-on-year level, thattranslates into an 8 percentage point headwind, all else equal.</p><h3>Recession risks skewed toward later in the year</h3><p>A group of equity strategists led by Citigroup's <a href=\"https://laohu8.com/S/C\">$(C)$</a> Scott Chronert wrote in a note on Friday that they expect the U.S. economic picture in the second half of 2022 to be more robust, with the risk of a recession more likely in 2023. If second-quarter earnings prove to be as resilient as Citi expects, it could trigger a rally in stocks over the short term in what the Citi team described as a "mean reversion" trade into year end.</p><p>They also argued that the inflation surge that began roughly one year ago has likely helped corporate earnings since corporations can charge more for their products and services. There is also a strong correlation between corporate earnings growth and Federal Reserve interest-rate hikes, with corporate earnings slowing as the central bank starts cutting rates, and rising when rates are being increased.</p><h3>'Difficult comps' could also be a problem</h3><p>As Credit Suisse's (CSGN.EB) Jonathan Golub pointed out, corporate earnings increased by a staggering amount during the second quarter of 2021 as the global economic reopening accelerated into full swing. According to FactSet, S&P 500 EPS increased by more than 90% during the second quarter of 2021. That means it will be a difficult quarter to beat this year.</p><p>A company's performance in every quarter is ultimately judged against its performance during the same quarter one year ago. And the strength of last year's second quarter means S&P 500 firms are facing "difficult comps" this year, especially with EPS growth expected at just 5%.</p><p>The setup looks better for the third and fourth quarters.</p><h3>'Margin compression' is a threat</h3><p>Another threat facing corporate earnings is "margin compression" -- that is, when profit margins contract, even as overall sales rise. It's difficult to avoid during periods of intense inflation.</p><p>According to a team of analysts led by Goldman Sachs Group Inc. <a href=\"https://laohu8.com/S/GS\">$(GS)$</a>U.S. Equity Strategist David Kostin, sales for S&P 500 firms are expected to grow by 15% during the second quarter thanks to the boost provided by inflation. However, higher input prices, wages and borrowing costs mean profit margins are expected to contract by 18 basis points to 12.2%.</p><p>What's more, if one excludes the 239% surge in earnings from the energy sector, the expectation is that corporate earnings would experience a 3% contraction during 2022.</p><p>Analysts at both Bank of America and Goldman Sachs said they expected EPS growth would likely slow during the second quarter due to the stronger dollar and ructions in the U.S. economy.</p><p>To be sure, corporate earnings aren't the only highlight on the economic calendar that could impact markets this week. On the inflation front, the Labor Department's consumer-price index for June is due out Wednesday. The market will be watching closely, and although the data won't fully reflect a drop in commodity prices over the past five weeks, it could influence the Federal Reserve's plans for rate hikes. In recent weeks, the expectation that slowing growth will lead to lower commodity prices has prompted investors and economists alike to dial back their expectations for the Fed's hiking cycle. According to FactSet, the consensus expectation is for headline inflation to rise 8.8% year-over-year, which would be higher than the 8.6% rate recorded in May.</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>4 Big Risks Facing the Stock Market As Earnings Season Kicks off</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\">\n4 Big Risks Facing the Stock Market As Earnings Season Kicks off\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-07-12 15:18</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>As investors' concerns about slowing U.S. economic growth manifested in the form of falling commodity prices, while the strong U.S. dollar weighs on American multinationals' international earnings, analysts with Bank of America Global Research <a href=\"https://laohu8.com/S/BAC\">$(BAC)$</a> and other sell-side research shops have highlighted the following paradox: expectations for corporate earnings growth remain relatively robust, even as analysts' fears that inflation and tightening financial conditions could provoke a recession before the end of the year.</p><p>Given the difficult performance that U.S. stocks have endured this year, many beaten-down investors are hoping that strong corporate results (at least, relative to expectations) might catalyze a durable rebound in U.S. equities. Others fear that a disappointment might remove one of the last supports for U.S. equities as corporate earnings experienced a durable post-COVID rebound and even surpassed expectations during the first quarter of 2022.</p><p>Expectations for quarterly earnings-per-share growth for the S&P 500 have risen to 5.5% as of Monday, compared with 5.3% as of one month ago, according to S&P Global Market Intelligence. According to data from FactSet, earnings for the first 18 S&P 500 companies have been stronger than expected -- but the bulk of corporate earnings, including the most valuable members of the market-capitalization-weighted benchmark, lie ahead.</p><p>That will begin to change later this week. "Earnings season" -- as analysts call it -- begins Thursday with J.P. Morgan Chase & Co., <a href=\"https://laohu8.com/S/JPM\">$(JPM)$</a> and a slew of reports from the biggest U.S. banks. By July 29, more than 70% of S&P 500 constituents will have reported their second-quarter results.</p><p>Although quarterly earnings for S&P 500 firms typically exceed expectations, FactSet pointed out that merely meeting expectations for earnings during April, May and June would leave U.S. companies with their slowest growth in profits since the fourth quarter of 2020.</p><p>Still, as investors prepare for the torrent of earnings ahead, MarketWatch has put together a roundup of what some of the big investment banks are telling their clients ahead of the quarterly earnings deluge., which starts Thursday with reports from J.P. Morgan Chase & Co.</p><p>Read:Wall Street profit expectations for megabanks have cooled ahead of earnings amid a deep freeze in stocks</p><h3>Strong dollar brings risks</h3><p><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>'s <a href=\"https://laohu8.com/S/MS\">$(MS)$</a> Chief Equity Strategist Michael Wilson has received a lot of credit for correctly calling the selloff in equities this year (he was one of Wall Street's most skeptical voices during most of the COVID rally as well). Looking ahead, he remains bearish, warning clients in a research note dated Monday that the strong dollar could create an unexpectedly large tailwind for second-quarter corporate earnings.</p><p>In aggregate, U.S. companies generate about 30% of their sales abroad. A strong dollar means corporations lose money to the exchange rate, while making it increasingly expensive to hedge their risk.</p><p>"From the standpoint of stocks, the stronger dollar is going to be a major headwind to earnings for many large multinationals. This could not be coming at a worse time as companies are already struggling with margin pressure from cost inflation, higher/unwanted inventories, and slower demand," Wilson and his team wrote.</p><p>Pointing to a negative correlation between S&P 500 earnings revisions and the stronger dollar, Wilson said the math here is relatively simple: every percentage point increase in the dollar on a year-over-year basis results in approximately a 0.5 percentage point hit to EPS growth. At today's 16% year-on-year level, thattranslates into an 8 percentage point headwind, all else equal.</p><h3>Recession risks skewed toward later in the year</h3><p>A group of equity strategists led by Citigroup's <a href=\"https://laohu8.com/S/C\">$(C)$</a> Scott Chronert wrote in a note on Friday that they expect the U.S. economic picture in the second half of 2022 to be more robust, with the risk of a recession more likely in 2023. If second-quarter earnings prove to be as resilient as Citi expects, it could trigger a rally in stocks over the short term in what the Citi team described as a "mean reversion" trade into year end.</p><p>They also argued that the inflation surge that began roughly one year ago has likely helped corporate earnings since corporations can charge more for their products and services. There is also a strong correlation between corporate earnings growth and Federal Reserve interest-rate hikes, with corporate earnings slowing as the central bank starts cutting rates, and rising when rates are being increased.</p><h3>'Difficult comps' could also be a problem</h3><p>As Credit Suisse's (CSGN.EB) Jonathan Golub pointed out, corporate earnings increased by a staggering amount during the second quarter of 2021 as the global economic reopening accelerated into full swing. According to FactSet, S&P 500 EPS increased by more than 90% during the second quarter of 2021. That means it will be a difficult quarter to beat this year.</p><p>A company's performance in every quarter is ultimately judged against its performance during the same quarter one year ago. And the strength of last year's second quarter means S&P 500 firms are facing "difficult comps" this year, especially with EPS growth expected at just 5%.</p><p>The setup looks better for the third and fourth quarters.</p><h3>'Margin compression' is a threat</h3><p>Another threat facing corporate earnings is "margin compression" -- that is, when profit margins contract, even as overall sales rise. It's difficult to avoid during periods of intense inflation.</p><p>According to a team of analysts led by Goldman Sachs Group Inc. <a href=\"https://laohu8.com/S/GS\">$(GS)$</a>U.S. Equity Strategist David Kostin, sales for S&P 500 firms are expected to grow by 15% during the second quarter thanks to the boost provided by inflation. However, higher input prices, wages and borrowing costs mean profit margins are expected to contract by 18 basis points to 12.2%.</p><p>What's more, if one excludes the 239% surge in earnings from the energy sector, the expectation is that corporate earnings would experience a 3% contraction during 2022.</p><p>Analysts at both Bank of America and Goldman Sachs said they expected EPS growth would likely slow during the second quarter due to the stronger dollar and ructions in the U.S. economy.</p><p>To be sure, corporate earnings aren't the only highlight on the economic calendar that could impact markets this week. On the inflation front, the Labor Department's consumer-price index for June is due out Wednesday. The market will be watching closely, and although the data won't fully reflect a drop in commodity prices over the past five weeks, it could influence the Federal Reserve's plans for rate hikes. In recent weeks, the expectation that slowing growth will lead to lower commodity prices has prompted investors and economists alike to dial back their expectations for the Fed's hiking cycle. According to FactSet, the consensus expectation is for headline inflation to rise 8.8% year-over-year, which would be higher than the 8.6% rate recorded in May.</p></body></html>\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"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2250196595","content_text":"As investors' concerns about slowing U.S. economic growth manifested in the form of falling commodity prices, while the strong U.S. dollar weighs on American multinationals' international earnings, analysts with Bank of America Global Research $(BAC)$ and other sell-side research shops have highlighted the following paradox: expectations for corporate earnings growth remain relatively robust, even as analysts' fears that inflation and tightening financial conditions could provoke a recession before the end of the year.Given the difficult performance that U.S. stocks have endured this year, many beaten-down investors are hoping that strong corporate results (at least, relative to expectations) might catalyze a durable rebound in U.S. equities. Others fear that a disappointment might remove one of the last supports for U.S. equities as corporate earnings experienced a durable post-COVID rebound and even surpassed expectations during the first quarter of 2022.Expectations for quarterly earnings-per-share growth for the S&P 500 have risen to 5.5% as of Monday, compared with 5.3% as of one month ago, according to S&P Global Market Intelligence. According to data from FactSet, earnings for the first 18 S&P 500 companies have been stronger than expected -- but the bulk of corporate earnings, including the most valuable members of the market-capitalization-weighted benchmark, lie ahead.That will begin to change later this week. \"Earnings season\" -- as analysts call it -- begins Thursday with J.P. Morgan Chase & Co., $(JPM)$ and a slew of reports from the biggest U.S. banks. By July 29, more than 70% of S&P 500 constituents will have reported their second-quarter results.Although quarterly earnings for S&P 500 firms typically exceed expectations, FactSet pointed out that merely meeting expectations for earnings during April, May and June would leave U.S. companies with their slowest growth in profits since the fourth quarter of 2020.Still, as investors prepare for the torrent of earnings ahead, MarketWatch has put together a roundup of what some of the big investment banks are telling their clients ahead of the quarterly earnings deluge., which starts Thursday with reports from J.P. Morgan Chase & Co.Read:Wall Street profit expectations for megabanks have cooled ahead of earnings amid a deep freeze in stocksStrong dollar brings risksMorgan Stanley's $(MS)$ Chief Equity Strategist Michael Wilson has received a lot of credit for correctly calling the selloff in equities this year (he was one of Wall Street's most skeptical voices during most of the COVID rally as well). Looking ahead, he remains bearish, warning clients in a research note dated Monday that the strong dollar could create an unexpectedly large tailwind for second-quarter corporate earnings.In aggregate, U.S. companies generate about 30% of their sales abroad. A strong dollar means corporations lose money to the exchange rate, while making it increasingly expensive to hedge their risk.\"From the standpoint of stocks, the stronger dollar is going to be a major headwind to earnings for many large multinationals. This could not be coming at a worse time as companies are already struggling with margin pressure from cost inflation, higher/unwanted inventories, and slower demand,\" Wilson and his team wrote.Pointing to a negative correlation between S&P 500 earnings revisions and the stronger dollar, Wilson said the math here is relatively simple: every percentage point increase in the dollar on a year-over-year basis results in approximately a 0.5 percentage point hit to EPS growth. At today's 16% year-on-year level, thattranslates into an 8 percentage point headwind, all else equal.Recession risks skewed toward later in the yearA group of equity strategists led by Citigroup's $(C)$ Scott Chronert wrote in a note on Friday that they expect the U.S. economic picture in the second half of 2022 to be more robust, with the risk of a recession more likely in 2023. If second-quarter earnings prove to be as resilient as Citi expects, it could trigger a rally in stocks over the short term in what the Citi team described as a \"mean reversion\" trade into year end.They also argued that the inflation surge that began roughly one year ago has likely helped corporate earnings since corporations can charge more for their products and services. There is also a strong correlation between corporate earnings growth and Federal Reserve interest-rate hikes, with corporate earnings slowing as the central bank starts cutting rates, and rising when rates are being increased.'Difficult comps' could also be a problemAs Credit Suisse's (CSGN.EB) Jonathan Golub pointed out, corporate earnings increased by a staggering amount during the second quarter of 2021 as the global economic reopening accelerated into full swing. According to FactSet, S&P 500 EPS increased by more than 90% during the second quarter of 2021. That means it will be a difficult quarter to beat this year.A company's performance in every quarter is ultimately judged against its performance during the same quarter one year ago. And the strength of last year's second quarter means S&P 500 firms are facing \"difficult comps\" this year, especially with EPS growth expected at just 5%.The setup looks better for the third and fourth quarters.'Margin compression' is a threatAnother threat facing corporate earnings is \"margin compression\" -- that is, when profit margins contract, even as overall sales rise. It's difficult to avoid during periods of intense inflation.According to a team of analysts led by Goldman Sachs Group Inc. $(GS)$U.S. Equity Strategist David Kostin, sales for S&P 500 firms are expected to grow by 15% during the second quarter thanks to the boost provided by inflation. However, higher input prices, wages and borrowing costs mean profit margins are expected to contract by 18 basis points to 12.2%.What's more, if one excludes the 239% surge in earnings from the energy sector, the expectation is that corporate earnings would experience a 3% contraction during 2022.Analysts at both Bank of America and Goldman Sachs said they expected EPS growth would likely slow during the second quarter due to the stronger dollar and ructions in the U.S. economy.To be sure, corporate earnings aren't the only highlight on the economic calendar that could impact markets this week. On the inflation front, the Labor Department's consumer-price index for June is due out Wednesday. The market will be watching closely, and although the data won't fully reflect a drop in commodity prices over the past five weeks, it could influence the Federal Reserve's plans for rate hikes. In recent weeks, the expectation that slowing growth will lead to lower commodity prices has prompted investors and economists alike to dial back their expectations for the Fed's hiking cycle. According to FactSet, the consensus expectation is for headline inflation to rise 8.8% year-over-year, which would be higher than the 8.6% rate recorded in May.","news_type":1},"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9073874721,"gmtCreate":1657330779963,"gmtModify":1676535992157,"author":{"id":"3582615574866617","authorId":"3582615574866617","name":"Seah199","avatar":"https://static.tigerbbs.com/ed447d3bfaa313aa35a60489b9a109c2","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582615574866617","authorIdStr":"3582615574866617"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BSL.SI\">$RAFFLES MEDICAL GROUP LTD(BSL.SI)$</a>Whenwill up💋","listText":"<a href=\"https://ttm.financial/S/BSL.SI\">$RAFFLES MEDICAL GROUP LTD(BSL.SI)$</a>Whenwill up💋","text":"$RAFFLES MEDICAL GROUP LTD(BSL.SI)$Whenwill 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