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2021-07-15
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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"T-Reuters","id":"1086160438","head_image":"https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5"},"pubTimestamp":1626254715,"share":"https://ttm.financial/m/news/2151307518?lang=&edition=fundamental","pubTime":"2021-07-14 17:25","market":"hk","language":"en","title":"China Huarong Asset Management Cuts Stake In China Shuifa Singyes Energy - HKEX Filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2151307518","media":"T-Reuters","summary":"Hong Kong stock exchange filing:China Huarong Asset Management Sold 3.3 Mln H-Shares In China Shuifa","content":"<p>Hong Kong stock exchange filing:China Huarong Asset Management Sold 3.3 Mln H-Shares In China Shuifa Singyes Energy <<<0750.Hk>>> At Avg Price Of Hk$1.682 ($0.2166) Per Share On July 9 - Hkex Filing.China Huarong Asset Management'S Long Position In China Shuifa Singyes Energy Falls To 4.88% From 5.01% - Hkex Filing.</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>China Huarong Asset Management Cuts Stake In China Shuifa Singyes Energy - HKEX Filing</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{ 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}\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\">\nChina Huarong Asset Management Cuts Stake In China Shuifa Singyes Energy - HKEX Filing\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086160438\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">T-Reuters </p>\n<p class=\"h-time\">2021-07-14 17:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Hong Kong stock exchange filing:China Huarong Asset Management Sold 3.3 Mln H-Shares In China Shuifa Singyes Energy <<<0750.Hk>>> At Avg Price Of Hk$1.682 ($0.2166) Per Share On July 9 - Hkex Filing.China Huarong Asset Management'S Long Position In China Shuifa Singyes Energy Falls To 4.88% From 5.01% - Hkex Filing.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00750":"水发兴业能源"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151307518","content_text":"Hong Kong stock exchange filing:China Huarong Asset Management Sold 3.3 Mln H-Shares In China Shuifa Singyes Energy <<<0750.Hk>>> At Avg Price Of Hk$1.682 ($0.2166) Per Share On July 9 - Hkex Filing.China Huarong Asset Management'S Long Position In China Shuifa Singyes Energy Falls To 4.88% From 5.01% - Hkex Filing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":319,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147805073,"gmtCreate":1626347110992,"gmtModify":1703758340260,"author":{"id":"3582768244119565","authorId":"3582768244119565","name":"chichi000","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582768244119565","authorIdStr":"3582768244119565"},"themes":[],"htmlText":"Done","listText":"Done","text":"Done","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147805073","repostId":"1193186975","repostType":4,"repost":{"id":"1193186975","kind":"news","pubTimestamp":1626332296,"share":"https://ttm.financial/m/news/1193186975?lang=&edition=fundamental","pubTime":"2021-07-15 14:58","market":"us","language":"en","title":"Is Tilray Stock A Buy As Senators Unveil Draft Legislation?","url":"https://stock-news.laohu8.com/highlight/detail?id=1193186975","media":"investors","summary":"Canadian pot producer Tilray(TLRY) has merged with rival Aphria, a move that gives it a handful of U","content":"<p>Canadian pot producer <b>Tilray</b>(TLRY) has merged with rival Aphria, a move that gives it a handful of U.S. businesses as Democrats in Washington try to move forward with legal cannabis reform. So should you buy TLRY stock now?</p>\n<p>The deal gives the combined company a market value approaching that of <b>Canopy Growth</b>(CGC), currently the largest pot stock. Tilray, post-merger, has a market cap of around $6.7 billion, according to Marketsmith. Canopy's market value is around $7.9 billion.</p>\n<p>Along with their recreational businesses in Canada, the merger gives the combined company the old Tilray's medical business in Europe and Australia — as well as its debt. It also folds in Aphria's pharmaceutical distribution business, which, rather than cannabis, had driven a majority of Aphria's sales.</p>\n<p>The deal also brings together a handful of U.S. businesses: Manitoba Harvest, a company owned by the old Tilray that sells hemp granola and CBD products, and SweetWater, \"a leading cannabis lifestyle branded craft brewer\" owned by Aphria.</p>\n<p>Some analysts have questioned whether that infrastructure would be enough to capture more business in THC products, should the U.S. legalize cannabis on a federal level.</p>\n<p>Democratic Sens. Chuck Schumer, Ron Wyden and Cory Booker this week announced the release of draft legislation intended to end federal cannabis prohibition and open up financial access to cannabis businesses. But Canadian entry into the U.S., if it's ever allowed, won't be easy.</p>\n<p>Meanwhile, CEO Irwin Simon has asked shareholders to support a proposal allowing it authorize additional shares, a move it said would boost growth.</p>\n<p>Simon, in a letter to shareholders, said the proposal \"would authorize additional shares of our common stock so that we can move quickly to accelerate growth through potential acquisition and financing opportunities.\"</p>\n<p>Approving that proposal didn't mean those shares would be issued, he said. They would only be available if needed to pursue those goals.</p>\n<p>Simon recently told CNBC he \"absolutely\" welcomed the retail traders that have launched shares of the pot producer and those of <b>GameStop</b>(GME) and <b>AMC Entertainment</b>(AMC) higher this year.</p>\n<p>Below, we take a closer look at TLRY stock.</p>\n<p><b>TLRY Stock Fundamental Analysis</b></p>\n<p>Earnings growth is a staple of top stocks. But the EPS Rating of TLRY stock stands at 29, with 99 being the best possible. Othermarijuana stocksalso have not-great profit ratings, as they continue to lose money. The EPS Rating is a gauge of a company's profit growth.</p>\n<p>TheComposite Ratingof TLRY stock stands at 34, according toMarketsmith chart analysis. IBD research says investors should focus on stocks with Composite Ratings of 90 or higher.</p>\n<p>Analysts expect Tilray to lose money through this fiscal year and the next one. The company'sSMR Rating— or Sales + Margins + Return on Equity rating — is a weak E. The rating tallies the past three quarters of sales growth, pretax and after-tax profit margins and return on equity.</p>\n<p><b>Tilray Stock Technical Analysis</b></p>\n<p>TLRY stock began trading in July 2018 on the Nasdaq via an IPO. That IPO was the first on a big U.S. exchange from a pure-play cannabis company.</p>\n<p>But the stock largely fell between then and September of last year, after industrywide concerns about profitability, sales growth and cash grew more severe.</p>\n<p>This year, shares soared as much as 711%, hitting 67 on Feb. 10. The stock is off those levels, and recently lost support at its 50-day line. Shares are not in a buy zone, and no new base pattern has formed.</p>\n<p><b>Is Tilray Stock A Buy?</b></p>\n<p>Shares of Tilray are not in a base or in buy range. So TLRY stock is not a buy right now.</p>\n<p>IBD advises investors to focus on stocks with stronger fundamentals that are moving into buy zones.</p>","source":"lsy1610449120050","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>Is Tilray Stock A Buy As Senators Unveil Draft Legislation?</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\">\nIs Tilray Stock A Buy As Senators Unveil Draft Legislation?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-15 14:58 GMT+8 <a href=https://www.investors.com/research/tilray-stock-buy-now/?src=A00220><strong>investors</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Canadian pot producer Tilray(TLRY) has merged with rival Aphria, a move that gives it a handful of U.S. businesses as Democrats in Washington try to move forward with legal cannabis reform. So should ...</p>\n\n<a href=\"https://www.investors.com/research/tilray-stock-buy-now/?src=A00220\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TLRY":"Tilray Inc."},"source_url":"https://www.investors.com/research/tilray-stock-buy-now/?src=A00220","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193186975","content_text":"Canadian pot producer Tilray(TLRY) has merged with rival Aphria, a move that gives it a handful of U.S. businesses as Democrats in Washington try to move forward with legal cannabis reform. So should you buy TLRY stock now?\nThe deal gives the combined company a market value approaching that of Canopy Growth(CGC), currently the largest pot stock. Tilray, post-merger, has a market cap of around $6.7 billion, according to Marketsmith. Canopy's market value is around $7.9 billion.\nAlong with their recreational businesses in Canada, the merger gives the combined company the old Tilray's medical business in Europe and Australia — as well as its debt. It also folds in Aphria's pharmaceutical distribution business, which, rather than cannabis, had driven a majority of Aphria's sales.\nThe deal also brings together a handful of U.S. businesses: Manitoba Harvest, a company owned by the old Tilray that sells hemp granola and CBD products, and SweetWater, \"a leading cannabis lifestyle branded craft brewer\" owned by Aphria.\nSome analysts have questioned whether that infrastructure would be enough to capture more business in THC products, should the U.S. legalize cannabis on a federal level.\nDemocratic Sens. Chuck Schumer, Ron Wyden and Cory Booker this week announced the release of draft legislation intended to end federal cannabis prohibition and open up financial access to cannabis businesses. But Canadian entry into the U.S., if it's ever allowed, won't be easy.\nMeanwhile, CEO Irwin Simon has asked shareholders to support a proposal allowing it authorize additional shares, a move it said would boost growth.\nSimon, in a letter to shareholders, said the proposal \"would authorize additional shares of our common stock so that we can move quickly to accelerate growth through potential acquisition and financing opportunities.\"\nApproving that proposal didn't mean those shares would be issued, he said. They would only be available if needed to pursue those goals.\nSimon recently told CNBC he \"absolutely\" welcomed the retail traders that have launched shares of the pot producer and those of GameStop(GME) and AMC Entertainment(AMC) higher this year.\nBelow, we take a closer look at TLRY stock.\nTLRY Stock Fundamental Analysis\nEarnings growth is a staple of top stocks. But the EPS Rating of TLRY stock stands at 29, with 99 being the best possible. Othermarijuana stocksalso have not-great profit ratings, as they continue to lose money. The EPS Rating is a gauge of a company's profit growth.\nTheComposite Ratingof TLRY stock stands at 34, according toMarketsmith chart analysis. IBD research says investors should focus on stocks with Composite Ratings of 90 or higher.\nAnalysts expect Tilray to lose money through this fiscal year and the next one. The company'sSMR Rating— or Sales + Margins + Return on Equity rating — is a weak E. The rating tallies the past three quarters of sales growth, pretax and after-tax profit margins and return on equity.\nTilray Stock Technical Analysis\nTLRY stock began trading in July 2018 on the Nasdaq via an IPO. That IPO was the first on a big U.S. exchange from a pure-play cannabis company.\nBut the stock largely fell between then and September of last year, after industrywide concerns about profitability, sales growth and cash grew more severe.\nThis year, shares soared as much as 711%, hitting 67 on Feb. 10. The stock is off those levels, and recently lost support at its 50-day line. Shares are not in a buy zone, and no new base pattern has formed.\nIs Tilray Stock A Buy?\nShares of Tilray are not in a base or in buy range. So TLRY stock is not a buy right now.\nIBD advises investors to focus on stocks with stronger fundamentals that are moving into buy zones.","news_type":1},"isVote":1,"tweetType":1,"viewCount":100,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144074167,"gmtCreate":1626257524359,"gmtModify":1703756480489,"author":{"id":"3582768244119565","authorId":"3582768244119565","name":"chichi000","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582768244119565","authorIdStr":"3582768244119565"},"themes":[],"htmlText":"Liked","listText":"Liked","text":"Liked","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/144074167","repostId":"1101260975","repostType":4,"repost":{"id":"1101260975","kind":"news","pubTimestamp":1626243037,"share":"https://ttm.financial/m/news/1101260975?lang=&edition=fundamental","pubTime":"2021-07-14 14:10","market":"us","language":"en","title":"The S&P 500 is vulnerable to a correction of up to 15% with tech-stock valuations at dot-com bubble levels, Morgan Stanley says","url":"https://stock-news.laohu8.com/highlight/detail?id=1101260975","media":"Business Insider","summary":"The odds of a 15% stock market correction are rising, according to Morgan Stanley Wealth Management'","content":"<ul>\n <li>The odds of a 15% stock market correction are rising, according to Morgan Stanley Wealth Management's Lisa Shalett.</li>\n <li>The CIO noted that technology stocks that dominate the S&P 500 are at levels not seen since the peak of the dot-com bubble.</li>\n <li>The tech sector's profitability and earnings are vulnerable and could pose a risk to the broader market, she said.</li>\n <li>Sign up here for our daily newsletter, 10 Things Before the Opening Bell.</li>\n</ul>\n<p>The odds of a stock market correction of up to 15% are rising as lofty technology stock valuations leave the broader market vulnerable, according to Morgan Stanley Wealth Management's chief investment officer.</p>\n<p>In a Monday note, Lisa Shalett highlighted how low rates have helped prop up tech stocks to dot-com era valuations. The price to sales ratio of the technology sector is at a level not seen since the peak of the dot-com bubble in 2000, she said.</p>\n<p>In addition, the tech sector now makes up a much larger weight in theS&P 500than in 2000, and has subsequently driven the price to sales ratio of the benchmark index to a level 50% higher than it has ever been.</p>\n<p>\"The problem with this setup is that tech sector profitability and earnings are vulnerable,\" said Shalett. \"While secular growth trends may support resilience against small changes in economic growth, the sector now faces unprecedented headwinds from rising input costs, a weaker US dollar, fiercer competition, higher taxes, stricter regulations and customer backlash.\"</p>\n<p>If those headwinds come to fruition for the technology sector, the broader market will be at risk.</p>\n<p>She noted that markets tend to be strongest when they are broad based and there is a consensus narrative around what could go wrong in terms of economic outcomes, policy, geopolitics, and regulation.</p>\n<p>\"As we have noted for the past two months, the market continues to grind to all-time highs on narrowing breadth, while the narrative has also grown increasingly muddled. Thus, the risks of a correction are rising,\" she said.</p>\n<p>The chief investment officer of wealth management told clients to focus on stock-picking using earnings fundamentals. She also said investors could consider adding to financials stocks as a value-oriented hedge to rising rates.</p>\n<p><img src=\"https://static.tigerbbs.com/b18c8b78b447318867293f563d502cc6\" tg-width=\"790\" tg-height=\"433\"></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>The S&P 500 is vulnerable to a correction of up to 15% with tech-stock valuations at dot-com bubble levels, Morgan Stanley says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe S&P 500 is vulnerable to a correction of up to 15% with tech-stock valuations at dot-com bubble levels, Morgan Stanley says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 14:10 GMT+8 <a href=https://markets.businessinsider.com/news/stocks/stock-market-outlook-sp500-correction-tech-bubble-lisa-shalett-2021-7><strong>Business Insider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The odds of a 15% stock market correction are rising, according to Morgan Stanley Wealth Management's Lisa Shalett.\nThe CIO noted that technology stocks that dominate the S&P 500 are at levels not ...</p>\n\n<a href=\"https://markets.businessinsider.com/news/stocks/stock-market-outlook-sp500-correction-tech-bubble-lisa-shalett-2021-7\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://markets.businessinsider.com/news/stocks/stock-market-outlook-sp500-correction-tech-bubble-lisa-shalett-2021-7","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101260975","content_text":"The odds of a 15% stock market correction are rising, according to Morgan Stanley Wealth Management's Lisa Shalett.\nThe CIO noted that technology stocks that dominate the S&P 500 are at levels not seen since the peak of the dot-com bubble.\nThe tech sector's profitability and earnings are vulnerable and could pose a risk to the broader market, she said.\nSign up here for our daily newsletter, 10 Things Before the Opening Bell.\n\nThe odds of a stock market correction of up to 15% are rising as lofty technology stock valuations leave the broader market vulnerable, according to Morgan Stanley Wealth Management's chief investment officer.\nIn a Monday note, Lisa Shalett highlighted how low rates have helped prop up tech stocks to dot-com era valuations. The price to sales ratio of the technology sector is at a level not seen since the peak of the dot-com bubble in 2000, she said.\nIn addition, the tech sector now makes up a much larger weight in theS&P 500than in 2000, and has subsequently driven the price to sales ratio of the benchmark index to a level 50% higher than it has ever been.\n\"The problem with this setup is that tech sector profitability and earnings are vulnerable,\" said Shalett. \"While secular growth trends may support resilience against small changes in economic growth, the sector now faces unprecedented headwinds from rising input costs, a weaker US dollar, fiercer competition, higher taxes, stricter regulations and customer backlash.\"\nIf those headwinds come to fruition for the technology sector, the broader market will be at risk.\nShe noted that markets tend to be strongest when they are broad based and there is a consensus narrative around what could go wrong in terms of economic outcomes, policy, geopolitics, and regulation.\n\"As we have noted for the past two months, the market continues to grind to all-time highs on narrowing breadth, while the narrative has also grown increasingly muddled. Thus, the risks of a correction are rising,\" she said.\nThe chief investment officer of wealth management told clients to focus on stock-picking using earnings fundamentals. She also said investors could consider adding to financials stocks as a value-oriented hedge to rising rates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
