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Kennyhee
2025-10-23
Hard for it to grow any more
Kennyhee
2025-10-11
Great article, would you like to share it?
@Enid Bertha:
$Tesla Motors(TSLA)$
is ready to soar to the moon!
Kennyhee
2025-07-03
$DDOG 20260116 160.0 CALL$
rocket up
Kennyhee
2024-09-24
$JD 20240927 30.0 CALL$
shiok, jackpot
Kennyhee
2024-08-21
Good day
Kennyhee
2024-07-19
Opportunity to buy into Microsoft shares
Kennyhee
2021-08-31
$Dingdong (Cayman) Limited(DDL)$
https://corpgov.law.harvard.edu/2019/02/04/the-risky-business-of-investing-in-chinese-tech-firms/Since 2019, there are warnings of this happening.
Kennyhee
2021-07-29
Ok
Sorry, the original content has been removed
Kennyhee
2021-07-23
Chinese tech disappoint
Sorry, the original content has been removed
Kennyhee
2021-07-15
Fly fly fly
Sorry, the original content has been removed
Kennyhee
2021-07-14
Latest
Sorry, the original content has been removed
Kennyhee
2021-07-10
Nice
Sorry, the original content has been removed
Kennyhee
2021-06-30
$Dingdong (Cayman) Limited(DDL)$
hold and don't sell and we will see $40
Kennyhee
2021-06-29
Read and like pls
Sorry, the original content has been removed
Kennyhee
2021-06-25
Comment and like, thanks
Sorry, the original content has been removed
Kennyhee
2021-06-23
Need to raise further, drop too much
Sorry, the original content has been removed
Kennyhee
2021-06-22
No debt, research on new energy for growth, can buy some for future growth
Sorry, the original content has been removed
Kennyhee
2021-06-18
Buy buy
Alibaba Stock: The Bottoming Process Looks To Be Forming Already
Kennyhee
2021-06-17
Look out, Ford may move further up
Sorry, the original content has been removed
Kennyhee
2021-06-17
Hope it fly
Fed is about to shift gears, but this time it may be different
Go to Tiger App to see more news
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it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/487995505631488","repostId":"487460650168600","repostType":1,"repost":{"id":487460650168600,"gmtCreate":1760035148000,"gmtModify":1760056531138,"author":{"id":"10000000000010993","authorId":"10000000000010993","name":"Enid Bertha","avatar":"https://static.tigerbbs.com/a539edbf3388702a82cb1d4728704766","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"10000000000010993","idStr":"10000000000010993"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a> is ready to soar to the moon!","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a> is ready to soar to the moon!","text":"$Tesla Motors(TSLA)$ is ready to soar to the moon!","images":[{"img":"https://community-static.tradeup.com/news/a17cc32386ed49ae8e31e3d5144ea69e","width":"480","height":"268"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/487460650168600","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1595,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":452720224723800,"gmtCreate":1751553041428,"gmtModify":1751553931664,"author":{"id":"3584371749224835","authorId":"3584371749224835","name":"Kennyhee","avatar":"https://static.tigerbbs.com/30a3ec7f0cc5906c0ee843a7799b4263","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3584371749224835","idStr":"3584371749224835"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/OPT/DDOG 20260116 160.0 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</a> shiok, jackpot","text":"$JD 20240927 30.0 CALL$ shiok, jackpot","images":[{"img":"https://community-static.tradeup.com/news/6c9437bfce597354366efbad24c55366","width":"882","height":"1668"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/353006034043000","isVote":1,"tweetType":1,"viewCount":4520,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":340876351316072,"gmtCreate":1724252708231,"gmtModify":1724252713104,"author":{"id":"3584371749224835","authorId":"3584371749224835","name":"Kennyhee","avatar":"https://static.tigerbbs.com/30a3ec7f0cc5906c0ee843a7799b4263","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3584371749224835","idStr":"3584371749224835"},"themes":[],"title":"","htmlText":"Good day ","listText":"Good day ","text":"Good day","images":[{"img":"https://community-static.tradeup.com/news/7ffbbb490a6a58d8bd110d885f934c90","width":"882","height":"1668"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/340876351316072","isVote":1,"tweetType":1,"viewCount":2770,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":329276652343368,"gmtCreate":1721395426517,"gmtModify":1721395440037,"author":{"id":"3584371749224835","authorId":"3584371749224835","name":"Kennyhee","avatar":"https://static.tigerbbs.com/30a3ec7f0cc5906c0ee843a7799b4263","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3584371749224835","idStr":"3584371749224835"},"themes":[],"title":"","htmlText":"Opportunity to buy into Microsoft shares ","listText":"Opportunity to buy into Microsoft shares ","text":"Opportunity to buy into Microsoft shares","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329276652343368","isVote":1,"tweetType":1,"viewCount":3358,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818430310,"gmtCreate":1630423975630,"gmtModify":1676530300920,"author":{"id":"3584371749224835","authorId":"3584371749224835","name":"Kennyhee","avatar":"https://static.tigerbbs.com/30a3ec7f0cc5906c0ee843a7799b4263","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3584371749224835","idStr":"3584371749224835"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/DDL\">$Dingdong (Cayman) Limited(DDL)$</a>https://corpgov.law.harvard.edu/2019/02/04/the-risky-business-of-investing-in-chinese-tech-firms/Since 2019, there are warnings of this happening. ","listText":"<a href=\"https://laohu8.com/S/DDL\">$Dingdong (Cayman) Limited(DDL)$</a>https://corpgov.law.harvard.edu/2019/02/04/the-risky-business-of-investing-in-chinese-tech-firms/Since 2019, there are warnings of this happening. ","text":"$Dingdong (Cayman) Limited(DDL)$https://corpgov.law.harvard.edu/2019/02/04/the-risky-business-of-investing-in-chinese-tech-firms/Since 2019, there are warnings of this happening.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818430310","isVote":1,"tweetType":1,"viewCount":3673,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808133695,"gmtCreate":1627563790617,"gmtModify":1703492428243,"author":{"id":"3584371749224835","authorId":"3584371749224835","name":"Kennyhee","avatar":"https://static.tigerbbs.com/30a3ec7f0cc5906c0ee843a7799b4263","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3584371749224835","idStr":"3584371749224835"},"themes":[],"title":"","htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/808133695","repostId":"1122445859","repostType":4,"isVote":1,"tweetType":1,"viewCount":3518,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172759805,"gmtCreate":1626995912407,"gmtModify":1703481930574,"author":{"id":"3584371749224835","authorId":"3584371749224835","name":"Kennyhee","avatar":"https://static.tigerbbs.com/30a3ec7f0cc5906c0ee843a7799b4263","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3584371749224835","idStr":"3584371749224835"},"themes":[],"title":"","htmlText":"Chinese tech disappoint ","listText":"Chinese tech disappoint ","text":"Chinese tech disappoint","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/172759805","repostId":"1164478982","repostType":4,"isVote":1,"tweetType":1,"viewCount":4018,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147884968,"gmtCreate":1626350235654,"gmtModify":1703758401101,"author":{"id":"3584371749224835","authorId":"3584371749224835","name":"Kennyhee","avatar":"https://static.tigerbbs.com/30a3ec7f0cc5906c0ee843a7799b4263","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3584371749224835","idStr":"3584371749224835"},"themes":[],"title":"","htmlText":"Fly fly fly","listText":"Fly fly fly","text":"Fly fly fly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147884968","repostId":"2151544104","repostType":4,"isVote":1,"tweetType":1,"viewCount":3301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144837930,"gmtCreate":1626274595620,"gmtModify":1703756952259,"author":{"id":"3584371749224835","authorId":"3584371749224835","name":"Kennyhee","avatar":"https://static.tigerbbs.com/30a3ec7f0cc5906c0ee843a7799b4263","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3584371749224835","idStr":"3584371749224835"},"themes":[],"title":"","htmlText":"Latest","listText":"Latest","text":"Latest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/144837930","repostId":"1110985217","repostType":4,"isVote":1,"tweetType":1,"viewCount":2585,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141858290,"gmtCreate":1625849470110,"gmtModify":1703749914113,"author":{"id":"3584371749224835","authorId":"3584371749224835","name":"Kennyhee","avatar":"https://static.tigerbbs.com/30a3ec7f0cc5906c0ee843a7799b4263","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3584371749224835","idStr":"3584371749224835"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/141858290","repostId":"1155625151","repostType":4,"isVote":1,"tweetType":1,"viewCount":2696,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151998933,"gmtCreate":1625060936422,"gmtModify":1703735109271,"author":{"id":"3584371749224835","authorId":"3584371749224835","name":"Kennyhee","avatar":"https://static.tigerbbs.com/30a3ec7f0cc5906c0ee843a7799b4263","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3584371749224835","idStr":"3584371749224835"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/DDL\">$Dingdong (Cayman) Limited(DDL)$</a>hold and don't sell and we will see $40","listText":"<a href=\"https://laohu8.com/S/DDL\">$Dingdong (Cayman) Limited(DDL)$</a>hold and don't sell and we will see $40","text":"$Dingdong (Cayman) Limited(DDL)$hold and don't sell and we will see $40","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/151998933","isVote":1,"tweetType":1,"viewCount":2559,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150725616,"gmtCreate":1624928624135,"gmtModify":1703848091636,"author":{"id":"3584371749224835","authorId":"3584371749224835","name":"Kennyhee","avatar":"https://static.tigerbbs.com/30a3ec7f0cc5906c0ee843a7799b4263","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3584371749224835","idStr":"3584371749224835"},"themes":[],"title":"","htmlText":"Read and like pls","listText":"Read and like pls","text":"Read and like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150725616","repostId":"2147837316","repostType":4,"isVote":1,"tweetType":1,"viewCount":1338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122551568,"gmtCreate":1624628645854,"gmtModify":1703842134608,"author":{"id":"3584371749224835","authorId":"3584371749224835","name":"Kennyhee","avatar":"https://static.tigerbbs.com/30a3ec7f0cc5906c0ee843a7799b4263","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3584371749224835","idStr":"3584371749224835"},"themes":[],"title":"","htmlText":"Comment and like, thanks ","listText":"Comment and like, thanks ","text":"Comment and like, thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/122551568","repostId":"2146023165","repostType":4,"isVote":1,"tweetType":1,"viewCount":2170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121631170,"gmtCreate":1624461049390,"gmtModify":1703837532353,"author":{"id":"3584371749224835","authorId":"3584371749224835","name":"Kennyhee","avatar":"https://static.tigerbbs.com/30a3ec7f0cc5906c0ee843a7799b4263","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3584371749224835","idStr":"3584371749224835"},"themes":[],"title":"","htmlText":"Need to raise further, drop too much","listText":"Need to raise further, drop too much","text":"Need to raise further, drop too much","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/121631170","repostId":"1170395888","repostType":4,"isVote":1,"tweetType":1,"viewCount":1668,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120550547,"gmtCreate":1624328837289,"gmtModify":1703833637222,"author":{"id":"3584371749224835","authorId":"3584371749224835","name":"Kennyhee","avatar":"https://static.tigerbbs.com/30a3ec7f0cc5906c0ee843a7799b4263","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3584371749224835","idStr":"3584371749224835"},"themes":[],"title":"","htmlText":"No debt, research on new energy for growth, can buy some for future growth","listText":"No debt, research on new energy for growth, can buy some for future growth","text":"No debt, research on new energy for growth, can buy some for future growth","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120550547","repostId":"1184611063","repostType":4,"isVote":1,"tweetType":1,"viewCount":874,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166381394,"gmtCreate":1623991784918,"gmtModify":1703825951991,"author":{"id":"3584371749224835","authorId":"3584371749224835","name":"Kennyhee","avatar":"https://static.tigerbbs.com/30a3ec7f0cc5906c0ee843a7799b4263","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3584371749224835","idStr":"3584371749224835"},"themes":[],"title":"","htmlText":"Buy buy","listText":"Buy buy","text":"Buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166381394","repostId":"1175693382","repostType":4,"repost":{"id":"1175693382","kind":"news","pubTimestamp":1623978463,"share":"https://ttm.financial/m/news/1175693382?lang=en_US&edition=fundamental","pubTime":"2021-06-18 09:07","market":"us","language":"en","title":"Alibaba Stock: The Bottoming Process Looks To Be Forming Already","url":"https://stock-news.laohu8.com/highlight/detail?id=1175693382","media":"seekingalpha","summary":"Alibaba is probably the most undervalued growth stock right now.The company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.The short term technical picture may be turning bullish with a potential double bottom price action signal.When we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Alibaba is probably the most undervalued growth stock right now.</li>\n <li>The company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.</li>\n <li>The short term technical picture may be turning bullish with a potential double bottom price action signal.</li>\n <li>We discuss the company’s multiple growth drivers and let investors judge for themselves.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/05e63c77d4f3f3dc3d618e43044638bb\" tg-width=\"768\" tg-height=\"512\"><span>Yongyuan Dai/iStock Unreleased via Getty Images</span></p>\n<p><b>The Technical Thesis</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7febf6ed056b0e3bc038321cdaad9b1c\" tg-width=\"1280\" tg-height=\"782\"><span>Source: TradingView</span></p>\n<p>Alibaba’s stock price has endured a terrible 8 months ever since its Ant Financial IPO was pulled in early Nov 20, with the stock languishing in the doldrums 34% off its high. When considering the health of its long term uptrend, it’s clear that BABA has a relatively strong uptrend bias and has generally been well supported along its key 50W MA. The only other time in the last 4 years that it lost its key 50W MA support level was during the 2018 bear market where BABA dropped about 40%, but was still well supported above the important 200W MA, which we usually consider as the “last line of defense”. Right now BABA is somewhat facing a similar situation again: down 34%, lost the 50W MA, but looks to be well supported above the 200W MA. In addition to that, one interesting observation in price action analysis may lead price action traders/investors to be especially bullish: a potential double bottom formation. BABA's price is seemingly going through a double bottom like it did during the 2018 bear market before it rallied strongly thereafter. As a result, BABA’s current level may offer a possible technical buy entry point now.</p>\n<p><b>BABA's Fundamental Thesis: Rapidly Expanding Growth Drivers</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eba49f5881708929949c30628eedc5d4\" tg-width=\"934\" tg-height=\"578\"><span>Annual GMV. Data source: Company filings</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a4d6c4ed3e2402f5af52b2dea8bab411\" tg-width=\"836\" tg-height=\"517\"><span>Annual e-commerce revenue. Data source: Company filings</span></p>\n<p>BABA’s GMV grew from 1.68T yuan to 7.49T yuan in just a matter of 7 years, which represented a CAGR of 23.8%, a truly amazing growth rate. We also saw its GMV growth being converted into revenue growth as its China commerce revenue grew from 7.67B yuan to 473.68B yuan, at a CAGR of 51% over the last 10 years. While its international footprint remains considerably smaller, it still grew at a CAGR of 30.42% over the last 10 years, which was by no means slow.</p>\n<p>Even though China’s e-commerce market is expected to grow considerably slower at a CAGR of 12.4% over the next three years, from 13.8T yuan, equivalent to $2.16T in 2021 to 19.6T yuan,equivalent to $3.06T by 2024, the massive size of the market still offers tremendous upside potential for BABA and its closest competitors to grow into.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ffe2dee43f267e1d1399c68e3ca60f36\" tg-width=\"600\" tg-height=\"371\"><span>E-commerce revenue in the U.S. Data source: Statista</span></p>\n<p>When we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the U.S. e-commerce market is only expected to grow at a CAGR of 4.67% from 2021 to 2025, which is significantly slower than China’s 12.4%. In addition, the U.S. market is also expected to reach about $563B in total revenue, which is 18% of what the China market is expected to be worth by then.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0d5a8d0d8a6a2dcdf667a6f33c6c9771\" tg-width=\"1280\" tg-height=\"702\"><span>Peers EBIT Margin and Projected EBIT Margin. Data source: S&P Capital IQ</span></p>\n<p>Even though Alibaba has been facing increased competitive pressures from its fast growing key competitors: JD.com(NASDAQ:JD)and Pinduoduo(NASDAQ:PDD), BABA has already been operating a much more profitable business (both EBIT and FCF), and is expected to continue delivering strong profitability moving forward, which should give the company tremendous flexibility to compete head on with JD and PDD in its quest to extend its leadership. Investors may observe that BABA’s EBIT margin was affected by the one-off administrative penalty of $2,782M that was reflected in its SG&A, and therefore skewed its EBIT margin to the downside.</p>\n<p>One important move was the company’s decision to further its investment in the Community Marketplace, which is PDD’s main e-commerce strategy that saw PDD gain a total of 823M AAC in its latest quarter as compared to BABA’s 891M AAC. PDD’s AAC growth is truly phenomenal considering it had only 100M AAC in Q2’C17 as compared to BABA’s 466M AAC in the same period.</p>\n<p>Therefore, the momentum of growth has surely swung over to the Community Marketplace segment and BABA would need to pull out its big guns (which it has) to compete for dominance with PDD and JD.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b83b69b08b1f4b11a26393c8e6eead5\" tg-width=\"600\" tg-height=\"371\"><span>Market size of community group buying in China. Data source: iiMedia Research</span></p>\n<p>Even though the expected total market size of 102B yuan by 2022 represented only about 21.5% of BABA’s FY 21 China commerce revenue, the expected rapid CAGR of 44.22% over 3 years from 2019 to 2022 cannot be missed by BABA. Although the market is still relatively small, BABA cannot allow the current leader in this market: PDD to so easily dominate and gobble up the early high growth rates at the ignorance of everyone else. Certainly BABA must compete and fight for its place in this segment and strive for early leadership to prevent PDD from extending its lead.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b97b2b4a8a182dc9846d8fb7e4039877\" tg-width=\"1280\" tg-height=\"770\"><span>PDD profitability metrics & revenue growth forecast. Data source: S&P Capital IQ</span></p>\n<p>We could observe from the above chart that PDD is expected to continue growing its revenue rapidly over the next few years, even though they are expected to normalize subsequently. More importantly, PDD is also expected to increasingly improve its EBIT and FCF profitability moving forward. This shows that the Community Marketplace segment is an highly important growth driver that BABA must use its strength to exploit in order to deny PDD’s claim to undisputed leadership so early on in the game.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3aadc32155b4108426a1a982e3b5b1c2\" tg-width=\"640\" tg-height=\"360\"><span>China public cloud spending. Source:China Internet Watch; Canalys</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1c1538b9f7bdc8d6d35a72d9acf8ecbc\" tg-width=\"600\" tg-height=\"371\"><span>Size of China public cloud market. Data source: CAICT; Sina.com.cn</span></p>\n<p>BABA has a 40% share in China’s public cloud market, way ahead of its key competitors. However, it’s important to note that despite this leadership, BABA is still in heavy investment mode to continue growing its market share as China’s public cloud market is expected to grow from 26.48B yuan in 2017 to 230.74B yuan by 2023, which would represent a CAGR of 43.4%, an incredibly stellar growth rate. This is especially clear when we compare China’s growth rate to the worldwide growth rate (see below) as public cloud spending worldwide is expected to grow from $145B in 2017 to $397B by 2022, that would represent a CAGR of 22.3%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/06198c569504bc303c34563041dfb294\" tg-width=\"600\" tg-height=\"371\"><span>Worldwide public cloud spending. Data source: Gartner</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8482037f60575f964053ab732496bee3\" tg-width=\"1176\" tg-height=\"700\"><span>Worldwide public cloud market share. Source:CnTechPost; Gartner</span></p>\n<p>Therefore, I don’t find it surprising that Ali Cloud has continued to extend its lead over Alphabet’s(NASDAQ:GOOGL)(NASDAQ:GOOG)GCP with a market share of 9.5% in 2020. While AMZN remains the clear leader in the market, its market share has been coming down considerably as public cloud spending continues to expand, indicating that there is a huge potential for growth for multiple players to exist. With BABA’s leadership in the rapidly expanding Chinese market, I’m increasingly bullish on the future profit and FCF contribution from this segment to BABA’s performance over time. Although BABA’s cloud segment has not been EBIT profitable yet (FY 21 EBIT margin: -15%, FY 20 EBIT margin: -17.5%), it’s also useful to note that GCP has also not been profitable for Alphabet as well (FY 20 EBIT margin: -42.9%, FY 19 EBIT margin: -52%). Therefore, we need to give BABA some time to scale up its cloud services in APAC and in China where it is expected to have stronger leadership to allow it to grow faster and investors should expect this to be a highly profitable segment over time.</p>\n<p><b>BABA's Valuations Look Highly Compelling</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/62a087c4b3ef7efc2c5dde813e3b959d\" tg-width=\"1000\" tg-height=\"600\"><span>NTM TEV / EBIT 3Y range.</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2605c0e5ad364a7a43929fef204595c\" tg-width=\"1280\" tg-height=\"687\"><span>EV / Fwd EBIT and EV / Fwd Rev trend. Data source: S&P Capital IQ</span></p>\n<p>When we consider BABA's TEV / EBIT historical range, where the 3Y mean read 33.54x, BABA’s EV / Fwd EBIT trend certainly imply a hugely undervalued stock as BABA is still expected to grow its revenue and operating profits rapidly. However, as we wanted to obtain greater clarity over how its counterparts are also valued, we thought it would be useful if we value BABA’s EBIT over a set of benchmark companies that is presented below.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d27873e676dfb23c98d4a69aa5861e02\" tg-width=\"1280\" tg-height=\"1117\"><span>Peers EV / EBIT Valuations. Data source: S&P Capital IQ</span></p>\n<p>By using a blend of historical and forward EBIT, we could see that BABA’s EV / EBIT really looks undervalued when compared to the median value of the set of observed values from the benchmark companies. We derived a fair value range for BABA of $294.98 at the midpoint of the range, that represented a potential upside of 40.5% based on the current stock price of $210.</p>\n<p><b>Risks to Assumptions</b></p>\n<p>Now, it’s obviously baffling to watch how Mr. Market has decided to discount BABA to such an extent as if the company has lost all its key sources of growth, when in fact there is still so much potential upside coming from its commerce segment, the new marketplace initiatives and its growing Ali Cloud segment, among others. The main realistic reason that we identified for the stock's underperformance would simply be regulatory risk. We think investors should acknowledge that this risk is very real and at times huge Chinese companies have found themselves to be subjected to extra scrutiny (which is nothing new in fact) by the Chinese government. What’s critical here is that the Chinese government seemingly has significant clout over the behavior and actions of their tech behemoths that at times may be largely unpredictable. The market certainly hates unpredictability and therefore they may have significantly discounted BABA as a result of that. If investors are not able to handle uncertainty with regard to potentially unpredictable regulatory actions and their aftermath, then BABA may not be appropriate for you. However, if you believe that this is just a blip in BABA’s long journey, then you would surely find BABA's valuations extremely attractive right now, coupled with a long term mindset.</p>\n<p><b>Wrapping It All Up</b></p>\n<p>Alibaba has continued to deliver solid results that demonstrated the strong capability of the company to execute well. As the company continues to operate within a market with so many growth drivers that are expected to drive the company’s future growth, investors should find the current valuations highly attractive.</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>Alibaba Stock: The Bottoming Process Looks To Be Forming Already</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\">\nAlibaba Stock: The Bottoming Process Looks To Be Forming Already\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 09:07 GMT+8 <a href=https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAlibaba is probably the most undervalued growth stock right now.\nThe company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.\nThe short...</p>\n\n<a href=\"https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175693382","content_text":"Summary\n\nAlibaba is probably the most undervalued growth stock right now.\nThe company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.\nThe short term technical picture may be turning bullish with a potential double bottom price action signal.\nWe discuss the company’s multiple growth drivers and let investors judge for themselves.\n\nYongyuan Dai/iStock Unreleased via Getty Images\nThe Technical Thesis\nSource: TradingView\nAlibaba’s stock price has endured a terrible 8 months ever since its Ant Financial IPO was pulled in early Nov 20, with the stock languishing in the doldrums 34% off its high. When considering the health of its long term uptrend, it’s clear that BABA has a relatively strong uptrend bias and has generally been well supported along its key 50W MA. The only other time in the last 4 years that it lost its key 50W MA support level was during the 2018 bear market where BABA dropped about 40%, but was still well supported above the important 200W MA, which we usually consider as the “last line of defense”. Right now BABA is somewhat facing a similar situation again: down 34%, lost the 50W MA, but looks to be well supported above the 200W MA. In addition to that, one interesting observation in price action analysis may lead price action traders/investors to be especially bullish: a potential double bottom formation. BABA's price is seemingly going through a double bottom like it did during the 2018 bear market before it rallied strongly thereafter. As a result, BABA’s current level may offer a possible technical buy entry point now.\nBABA's Fundamental Thesis: Rapidly Expanding Growth Drivers\nAnnual GMV. Data source: Company filings\nAnnual e-commerce revenue. Data source: Company filings\nBABA’s GMV grew from 1.68T yuan to 7.49T yuan in just a matter of 7 years, which represented a CAGR of 23.8%, a truly amazing growth rate. We also saw its GMV growth being converted into revenue growth as its China commerce revenue grew from 7.67B yuan to 473.68B yuan, at a CAGR of 51% over the last 10 years. While its international footprint remains considerably smaller, it still grew at a CAGR of 30.42% over the last 10 years, which was by no means slow.\nEven though China’s e-commerce market is expected to grow considerably slower at a CAGR of 12.4% over the next three years, from 13.8T yuan, equivalent to $2.16T in 2021 to 19.6T yuan,equivalent to $3.06T by 2024, the massive size of the market still offers tremendous upside potential for BABA and its closest competitors to grow into.\nE-commerce revenue in the U.S. Data source: Statista\nWhen we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the U.S. e-commerce market is only expected to grow at a CAGR of 4.67% from 2021 to 2025, which is significantly slower than China’s 12.4%. In addition, the U.S. market is also expected to reach about $563B in total revenue, which is 18% of what the China market is expected to be worth by then.\nPeers EBIT Margin and Projected EBIT Margin. Data source: S&P Capital IQ\nEven though Alibaba has been facing increased competitive pressures from its fast growing key competitors: JD.com(NASDAQ:JD)and Pinduoduo(NASDAQ:PDD), BABA has already been operating a much more profitable business (both EBIT and FCF), and is expected to continue delivering strong profitability moving forward, which should give the company tremendous flexibility to compete head on with JD and PDD in its quest to extend its leadership. Investors may observe that BABA’s EBIT margin was affected by the one-off administrative penalty of $2,782M that was reflected in its SG&A, and therefore skewed its EBIT margin to the downside.\nOne important move was the company’s decision to further its investment in the Community Marketplace, which is PDD’s main e-commerce strategy that saw PDD gain a total of 823M AAC in its latest quarter as compared to BABA’s 891M AAC. PDD’s AAC growth is truly phenomenal considering it had only 100M AAC in Q2’C17 as compared to BABA’s 466M AAC in the same period.\nTherefore, the momentum of growth has surely swung over to the Community Marketplace segment and BABA would need to pull out its big guns (which it has) to compete for dominance with PDD and JD.\nMarket size of community group buying in China. Data source: iiMedia Research\nEven though the expected total market size of 102B yuan by 2022 represented only about 21.5% of BABA’s FY 21 China commerce revenue, the expected rapid CAGR of 44.22% over 3 years from 2019 to 2022 cannot be missed by BABA. Although the market is still relatively small, BABA cannot allow the current leader in this market: PDD to so easily dominate and gobble up the early high growth rates at the ignorance of everyone else. Certainly BABA must compete and fight for its place in this segment and strive for early leadership to prevent PDD from extending its lead.\nPDD profitability metrics & revenue growth forecast. Data source: S&P Capital IQ\nWe could observe from the above chart that PDD is expected to continue growing its revenue rapidly over the next few years, even though they are expected to normalize subsequently. More importantly, PDD is also expected to increasingly improve its EBIT and FCF profitability moving forward. This shows that the Community Marketplace segment is an highly important growth driver that BABA must use its strength to exploit in order to deny PDD’s claim to undisputed leadership so early on in the game.\nChina public cloud spending. Source:China Internet Watch; Canalys\nSize of China public cloud market. Data source: CAICT; Sina.com.cn\nBABA has a 40% share in China’s public cloud market, way ahead of its key competitors. However, it’s important to note that despite this leadership, BABA is still in heavy investment mode to continue growing its market share as China’s public cloud market is expected to grow from 26.48B yuan in 2017 to 230.74B yuan by 2023, which would represent a CAGR of 43.4%, an incredibly stellar growth rate. This is especially clear when we compare China’s growth rate to the worldwide growth rate (see below) as public cloud spending worldwide is expected to grow from $145B in 2017 to $397B by 2022, that would represent a CAGR of 22.3%.\nWorldwide public cloud spending. Data source: Gartner\nWorldwide public cloud market share. Source:CnTechPost; Gartner\nTherefore, I don’t find it surprising that Ali Cloud has continued to extend its lead over Alphabet’s(NASDAQ:GOOGL)(NASDAQ:GOOG)GCP with a market share of 9.5% in 2020. While AMZN remains the clear leader in the market, its market share has been coming down considerably as public cloud spending continues to expand, indicating that there is a huge potential for growth for multiple players to exist. With BABA’s leadership in the rapidly expanding Chinese market, I’m increasingly bullish on the future profit and FCF contribution from this segment to BABA’s performance over time. Although BABA’s cloud segment has not been EBIT profitable yet (FY 21 EBIT margin: -15%, FY 20 EBIT margin: -17.5%), it’s also useful to note that GCP has also not been profitable for Alphabet as well (FY 20 EBIT margin: -42.9%, FY 19 EBIT margin: -52%). Therefore, we need to give BABA some time to scale up its cloud services in APAC and in China where it is expected to have stronger leadership to allow it to grow faster and investors should expect this to be a highly profitable segment over time.\nBABA's Valuations Look Highly Compelling\nNTM TEV / EBIT 3Y range.\nEV / Fwd EBIT and EV / Fwd Rev trend. Data source: S&P Capital IQ\nWhen we consider BABA's TEV / EBIT historical range, where the 3Y mean read 33.54x, BABA’s EV / Fwd EBIT trend certainly imply a hugely undervalued stock as BABA is still expected to grow its revenue and operating profits rapidly. However, as we wanted to obtain greater clarity over how its counterparts are also valued, we thought it would be useful if we value BABA’s EBIT over a set of benchmark companies that is presented below.\nPeers EV / EBIT Valuations. Data source: S&P Capital IQ\nBy using a blend of historical and forward EBIT, we could see that BABA’s EV / EBIT really looks undervalued when compared to the median value of the set of observed values from the benchmark companies. We derived a fair value range for BABA of $294.98 at the midpoint of the range, that represented a potential upside of 40.5% based on the current stock price of $210.\nRisks to Assumptions\nNow, it’s obviously baffling to watch how Mr. Market has decided to discount BABA to such an extent as if the company has lost all its key sources of growth, when in fact there is still so much potential upside coming from its commerce segment, the new marketplace initiatives and its growing Ali Cloud segment, among others. The main realistic reason that we identified for the stock's underperformance would simply be regulatory risk. We think investors should acknowledge that this risk is very real and at times huge Chinese companies have found themselves to be subjected to extra scrutiny (which is nothing new in fact) by the Chinese government. What’s critical here is that the Chinese government seemingly has significant clout over the behavior and actions of their tech behemoths that at times may be largely unpredictable. The market certainly hates unpredictability and therefore they may have significantly discounted BABA as a result of that. If investors are not able to handle uncertainty with regard to potentially unpredictable regulatory actions and their aftermath, then BABA may not be appropriate for you. However, if you believe that this is just a blip in BABA’s long journey, then you would surely find BABA's valuations extremely attractive right now, coupled with a long term mindset.\nWrapping It All Up\nAlibaba has continued to deliver solid results that demonstrated the strong capability of the company to execute well. As the company continues to operate within a market with so many growth drivers that are expected to drive the company’s future growth, investors should find the current valuations highly attractive.","news_type":1,"symbols_score_info":{"09988":0.9,"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":1039,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161487199,"gmtCreate":1623938428611,"gmtModify":1703824012198,"author":{"id":"3584371749224835","authorId":"3584371749224835","name":"Kennyhee","avatar":"https://static.tigerbbs.com/30a3ec7f0cc5906c0ee843a7799b4263","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3584371749224835","idStr":"3584371749224835"},"themes":[],"title":"","htmlText":"Look out, Ford may move further up ","listText":"Look out, Ford may move further up ","text":"Look out, Ford may move further up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161487199","repostId":"1182176652","repostType":4,"isVote":1,"tweetType":1,"viewCount":1287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161485585,"gmtCreate":1623938386747,"gmtModify":1703824013333,"author":{"id":"3584371749224835","authorId":"3584371749224835","name":"Kennyhee","avatar":"https://static.tigerbbs.com/30a3ec7f0cc5906c0ee843a7799b4263","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3584371749224835","idStr":"3584371749224835"},"themes":[],"title":"","htmlText":"Hope it fly","listText":"Hope it fly","text":"Hope it fly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161485585","repostId":"2144490227","repostType":4,"repost":{"id":"2144490227","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623935592,"share":"https://ttm.financial/m/news/2144490227?lang=en_US&edition=fundamental","pubTime":"2021-06-17 21:13","market":"us","language":"en","title":"Fed is about to shift gears, but this time it may be different","url":"https://stock-news.laohu8.com/highlight/detail?id=2144490227","media":"Reuters","summary":"June 17 (Reuters) - Federal Reserve officials, increasingly confident the U.S. economy is recovering","content":"<p>June 17 (Reuters) - Federal Reserve officials, increasingly confident the U.S. economy is recovering fast from the pandemic-induced recession, have begun telegraphing an exit from the central bank's extraordinarily easy monetary policy that so far is smoother and signaled to be speedier than when the reins were tightened after the last crisis.</p>\n<p>Though policymakers have yet to agree on a plan, most expect that by the end of 2023 they will have raised the Fed's benchmark short-term interest rate at least twice from the current near-zero level, forecasts published by the central bank on Wednesday show. Eight of the 18 policymakers see at least three rate hikes by then.</p>\n<p>And though the Fed made no forecasts about its $120 billion monthly bond-buying program - which, along with rock-bottom interest rates, is keeping borrowing costs low and supporting economic growth - policymakers have said they will phase out the program before they begin raising rates.</p>\n<p>Following the 2007-2009 financial crisis and recession, it was a full two years from the formal announcement in December 2013 of the bond-buying taper to the first interest rate increase. The taper wrapped up in 10 months and left a still-wobbly economy more than a year to prepare for higher borrowing costs. It was another full year between the first and second rate hikes.</p>\n<p>This time, the Fed is most likely to launch the taper in January, according to a Reuters poll. Getting two rate hikes in by the end of 2023, as the forecasts showed on Tuesday, would substantially shorten the runway for the handoff from the taper to a rates liftoff, and the rate increases also are projected to come more quickly.</p>\n<p>ON THE SAME PAGE WITH MARKETS?</p>\n<p>That's not to say the shift in gears, from easing policy to slowly tightening it, is imminent.</p>\n<p>The economy, Fed Chair Jerome Powell noted on Wednesday, still has \"a ways\" to go before it will have healed enough for the Fed to start paring the monthly bond purchases. And the timing of the rates liftoff isn't even in the conversation, he said.</p>\n<p>The Fed's rate projections have made half-point jumps before, particularly in the 2014-2016 period when the central bank was beginning its exit from the policies used during the earlier financial crisis.</p>\n<p>But at that point the central bank was also in the middle of a consequential rethink about how the economy worked, and in particular was steadily lowering its estimates of the long-run \"neutral\" rate of interest used to assess whether monetary policy is encouraging or discouraging economic activity. Those markdowns were driving estimates of its own policy rate lower as well.</p>\n<p>This time, the Fed is more directly shaping its outlook to immediate economic conditions.</p>\n<p>The main message from the Fed's new forecasts, Powell told reporters after the end of the central bank's latest two-day policy meeting, is that \"many participants are more comfortable that the economic conditions in the (policy) committee’s forward guidance will be met somewhat sooner than previously anticipated.\"</p>\n<p>That, he added, \"would be a welcome development: If such outcomes materialize, it means the economy will have made faster progress toward our goals.\"</p>\n<p>It would also be different from the last time around, when the economy as it recovered from the financial crisis regularly fell short of the forecasts that Fed policymakers penciled in each quarter.</p>\n<p>Powell said the Fed would, starting at its meeting next month, begin to assess whether the economy has made enough progress toward its 2% inflation and full employment goals to justify reducing bond purchases, and would be \"orderly, methodical and transparent.\"</p>\n<p>That's yet another departure from the blueprint used last time.</p>\n<p>\"In 2013, it was the Fed initiating the conversation about taper, and the markets were taken off guard,\" said Ellen Gaske, an economist at PGIM Fixed Income. This time, she said, \"it’s clear that markets and the Fed are in large part on the same page.\"</p>\n<p>That has occurred even though the Fed's forecasts represent such a big turnaround from March, when the bulk of the policymaking committee saw no rate increases until 2024, and most of Wall Street expected the Fed would continue its $120 billion in monthly asset purchases through at least the end of 2021.</p>\n<p>\"We still think it would be pretty rushed to see tapering begin before December,\" JPMorgan economist Michael Feroli wrote on Wednesday.</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>Fed is about to shift gears, but this time it may be different</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\">\nFed is about to shift gears, but this time it may be different\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\">2021-06-17 21:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 17 (Reuters) - Federal Reserve officials, increasingly confident the U.S. economy is recovering fast from the pandemic-induced recession, have begun telegraphing an exit from the central bank's extraordinarily easy monetary policy that so far is smoother and signaled to be speedier than when the reins were tightened after the last crisis.</p>\n<p>Though policymakers have yet to agree on a plan, most expect that by the end of 2023 they will have raised the Fed's benchmark short-term interest rate at least twice from the current near-zero level, forecasts published by the central bank on Wednesday show. Eight of the 18 policymakers see at least three rate hikes by then.</p>\n<p>And though the Fed made no forecasts about its $120 billion monthly bond-buying program - which, along with rock-bottom interest rates, is keeping borrowing costs low and supporting economic growth - policymakers have said they will phase out the program before they begin raising rates.</p>\n<p>Following the 2007-2009 financial crisis and recession, it was a full two years from the formal announcement in December 2013 of the bond-buying taper to the first interest rate increase. The taper wrapped up in 10 months and left a still-wobbly economy more than a year to prepare for higher borrowing costs. It was another full year between the first and second rate hikes.</p>\n<p>This time, the Fed is most likely to launch the taper in January, according to a Reuters poll. Getting two rate hikes in by the end of 2023, as the forecasts showed on Tuesday, would substantially shorten the runway for the handoff from the taper to a rates liftoff, and the rate increases also are projected to come more quickly.</p>\n<p>ON THE SAME PAGE WITH MARKETS?</p>\n<p>That's not to say the shift in gears, from easing policy to slowly tightening it, is imminent.</p>\n<p>The economy, Fed Chair Jerome Powell noted on Wednesday, still has \"a ways\" to go before it will have healed enough for the Fed to start paring the monthly bond purchases. And the timing of the rates liftoff isn't even in the conversation, he said.</p>\n<p>The Fed's rate projections have made half-point jumps before, particularly in the 2014-2016 period when the central bank was beginning its exit from the policies used during the earlier financial crisis.</p>\n<p>But at that point the central bank was also in the middle of a consequential rethink about how the economy worked, and in particular was steadily lowering its estimates of the long-run \"neutral\" rate of interest used to assess whether monetary policy is encouraging or discouraging economic activity. Those markdowns were driving estimates of its own policy rate lower as well.</p>\n<p>This time, the Fed is more directly shaping its outlook to immediate economic conditions.</p>\n<p>The main message from the Fed's new forecasts, Powell told reporters after the end of the central bank's latest two-day policy meeting, is that \"many participants are more comfortable that the economic conditions in the (policy) committee’s forward guidance will be met somewhat sooner than previously anticipated.\"</p>\n<p>That, he added, \"would be a welcome development: If such outcomes materialize, it means the economy will have made faster progress toward our goals.\"</p>\n<p>It would also be different from the last time around, when the economy as it recovered from the financial crisis regularly fell short of the forecasts that Fed policymakers penciled in each quarter.</p>\n<p>Powell said the Fed would, starting at its meeting next month, begin to assess whether the economy has made enough progress toward its 2% inflation and full employment goals to justify reducing bond purchases, and would be \"orderly, methodical and transparent.\"</p>\n<p>That's yet another departure from the blueprint used last time.</p>\n<p>\"In 2013, it was the Fed initiating the conversation about taper, and the markets were taken off guard,\" said Ellen Gaske, an economist at PGIM Fixed Income. This time, she said, \"it’s clear that markets and the Fed are in large part on the same page.\"</p>\n<p>That has occurred even though the Fed's forecasts represent such a big turnaround from March, when the bulk of the policymaking committee saw no rate increases until 2024, and most of Wall Street expected the Fed would continue its $120 billion in monthly asset purchases through at least the end of 2021.</p>\n<p>\"We still think it would be pretty rushed to see tapering begin before December,\" JPMorgan economist Michael Feroli wrote on Wednesday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144490227","content_text":"June 17 (Reuters) - Federal Reserve officials, increasingly confident the U.S. economy is recovering fast from the pandemic-induced recession, have begun telegraphing an exit from the central bank's extraordinarily easy monetary policy that so far is smoother and signaled to be speedier than when the reins were tightened after the last crisis.\nThough policymakers have yet to agree on a plan, most expect that by the end of 2023 they will have raised the Fed's benchmark short-term interest rate at least twice from the current near-zero level, forecasts published by the central bank on Wednesday show. Eight of the 18 policymakers see at least three rate hikes by then.\nAnd though the Fed made no forecasts about its $120 billion monthly bond-buying program - which, along with rock-bottom interest rates, is keeping borrowing costs low and supporting economic growth - policymakers have said they will phase out the program before they begin raising rates.\nFollowing the 2007-2009 financial crisis and recession, it was a full two years from the formal announcement in December 2013 of the bond-buying taper to the first interest rate increase. The taper wrapped up in 10 months and left a still-wobbly economy more than a year to prepare for higher borrowing costs. It was another full year between the first and second rate hikes.\nThis time, the Fed is most likely to launch the taper in January, according to a Reuters poll. Getting two rate hikes in by the end of 2023, as the forecasts showed on Tuesday, would substantially shorten the runway for the handoff from the taper to a rates liftoff, and the rate increases also are projected to come more quickly.\nON THE SAME PAGE WITH MARKETS?\nThat's not to say the shift in gears, from easing policy to slowly tightening it, is imminent.\nThe economy, Fed Chair Jerome Powell noted on Wednesday, still has \"a ways\" to go before it will have healed enough for the Fed to start paring the monthly bond purchases. And the timing of the rates liftoff isn't even in the conversation, he said.\nThe Fed's rate projections have made half-point jumps before, particularly in the 2014-2016 period when the central bank was beginning its exit from the policies used during the earlier financial crisis.\nBut at that point the central bank was also in the middle of a consequential rethink about how the economy worked, and in particular was steadily lowering its estimates of the long-run \"neutral\" rate of interest used to assess whether monetary policy is encouraging or discouraging economic activity. Those markdowns were driving estimates of its own policy rate lower as well.\nThis time, the Fed is more directly shaping its outlook to immediate economic conditions.\nThe main message from the Fed's new forecasts, Powell told reporters after the end of the central bank's latest two-day policy meeting, is that \"many participants are more comfortable that the economic conditions in the (policy) committee’s forward guidance will be met somewhat sooner than previously anticipated.\"\nThat, he added, \"would be a welcome development: If such outcomes materialize, it means the economy will have made faster progress toward our goals.\"\nIt would also be different from the last time around, when the economy as it recovered from the financial crisis regularly fell short of the forecasts that Fed policymakers penciled in each quarter.\nPowell said the Fed would, starting at its meeting next month, begin to assess whether the economy has made enough progress toward its 2% inflation and full employment goals to justify reducing bond purchases, and would be \"orderly, methodical and transparent.\"\nThat's yet another departure from the blueprint used last time.\n\"In 2013, it was the Fed initiating the conversation about taper, and the markets were taken off guard,\" said Ellen Gaske, an economist at PGIM Fixed Income. This time, she said, \"it’s clear that markets and the Fed are in large part on the same page.\"\nThat has occurred even though the Fed's forecasts represent such a big turnaround from March, when the bulk of the policymaking committee saw no rate increases until 2024, and most of Wall Street expected the Fed would continue its $120 billion in monthly asset purchases through at least the end of 2021.\n\"We still think it would be pretty rushed to see tapering begin before December,\" JPMorgan economist Michael Feroli wrote on Wednesday.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1046,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":340876351316072,"gmtCreate":1724252708231,"gmtModify":1724252713104,"author":{"id":"3584371749224835","authorId":"3584371749224835","name":"Kennyhee","avatar":"https://static.tigerbbs.com/30a3ec7f0cc5906c0ee843a7799b4263","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3584371749224835","authorIdStr":"3584371749224835"},"themes":[],"title":"","htmlText":"Good day ","listText":"Good day ","text":"Good day","images":[{"img":"https://community-static.tradeup.com/news/7ffbbb490a6a58d8bd110d885f934c90","width":"882","height":"1668"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/340876351316072","isVote":1,"tweetType":1,"viewCount":2770,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":141858290,"gmtCreate":1625849470110,"gmtModify":1703749914113,"author":{"id":"3584371749224835","authorId":"3584371749224835","name":"Kennyhee","avatar":"https://static.tigerbbs.com/30a3ec7f0cc5906c0ee843a7799b4263","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3584371749224835","authorIdStr":"3584371749224835"},"themes":[],"title":"","htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/141858290","repostId":"1155625151","repostType":4,"isVote":1,"tweetType":1,"viewCount":2696,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150725616,"gmtCreate":1624928624135,"gmtModify":1703848091636,"author":{"id":"3584371749224835","authorId":"3584371749224835","name":"Kennyhee","avatar":"https://static.tigerbbs.com/30a3ec7f0cc5906c0ee843a7799b4263","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3584371749224835","authorIdStr":"3584371749224835"},"themes":[],"title":"","htmlText":"Read and like pls","listText":"Read and like pls","text":"Read and like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150725616","repostId":"2147837316","repostType":4,"isVote":1,"tweetType":1,"viewCount":1338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172759805,"gmtCreate":1626995912407,"gmtModify":1703481930574,"author":{"id":"3584371749224835","authorId":"3584371749224835","name":"Kennyhee","avatar":"https://static.tigerbbs.com/30a3ec7f0cc5906c0ee843a7799b4263","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3584371749224835","authorIdStr":"3584371749224835"},"themes":[],"title":"","htmlText":"Chinese tech disappoint ","listText":"Chinese tech disappoint ","text":"Chinese tech disappoint","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/172759805","repostId":"1164478982","repostType":4,"isVote":1,"tweetType":1,"viewCount":4018,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122551568,"gmtCreate":1624628645854,"gmtModify":1703842134608,"author":{"id":"3584371749224835","authorId":"3584371749224835","name":"Kennyhee","avatar":"https://static.tigerbbs.com/30a3ec7f0cc5906c0ee843a7799b4263","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3584371749224835","authorIdStr":"3584371749224835"},"themes":[],"title":"","htmlText":"Comment and like, thanks ","listText":"Comment and like, thanks ","text":"Comment and like, thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/122551568","repostId":"2146023165","repostType":4,"isVote":1,"tweetType":1,"viewCount":2170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151998933,"gmtCreate":1625060936422,"gmtModify":1703735109271,"author":{"id":"3584371749224835","authorId":"3584371749224835","name":"Kennyhee","avatar":"https://static.tigerbbs.com/30a3ec7f0cc5906c0ee843a7799b4263","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3584371749224835","authorIdStr":"3584371749224835"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/DDL\">$Dingdong (Cayman) Limited(DDL)$</a>hold and don't sell and we will see $40","listText":"<a href=\"https://laohu8.com/S/DDL\">$Dingdong (Cayman) Limited(DDL)$</a>hold and don't sell and we will see $40","text":"$Dingdong (Cayman) Limited(DDL)$hold and don't sell and we will see $40","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/151998933","isVote":1,"tweetType":1,"viewCount":2559,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163136717,"gmtCreate":1623861866839,"gmtModify":1703821902790,"author":{"id":"3584371749224835","authorId":"3584371749224835","name":"Kennyhee","avatar":"https://static.tigerbbs.com/30a3ec7f0cc5906c0ee843a7799b4263","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3584371749224835","authorIdStr":"3584371749224835"},"themes":[],"title":"","htmlText":"Buy now before it climb too high ","listText":"Buy now before it climb too high ","text":"Buy now before it climb too high","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/163136717","repostId":"1118154026","repostType":4,"repost":{"id":"1118154026","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623850220,"share":"https://ttm.financial/m/news/1118154026?lang=en_US&edition=fundamental","pubTime":"2021-06-16 21:30","market":"us","language":"en","title":"S&P 500 is flat near a record with all eyes on Federal Reserve’s update","url":"https://stock-news.laohu8.com/highlight/detail?id=1118154026","media":"Tiger Newspress","summary":"U.S. stocks were mostly flat on Wednesday ahead of theFederal Reserve’s updateon monetary policy.\nTh","content":"<p>U.S. stocks were mostly flat on Wednesday ahead of theFederal Reserve’s updateon monetary policy.</p> \n<p>The Dow Jones Industrial Average traded 20 points higher. The S&P 500 inched up 0.1%, sitting just a few points below an all-time high reached in the previous session. The tech-heavy Nasdaq Composite edged up 0.2%.</p> \n<p>Large tech shares like Tesla and Nvidia were slightly lower, while shares of economic reopening plays Royal Caribbean and Carnival gained 1% each.</p> \n<p>Stocks pulled back from record levels duringTuesday’s trading session, with the S&P 500 closing 0.2% lower after hitting an all-time intraday high earlier in the day. The Dow slid nearly 100 points and the Nasdaq Composite dipped 0.7% amid weakness in shares of Big Tech.</p> \n<p>The Federal Reserve kicked off its two-day meeting on Tuesday. The central bank is not expected to make any policy moves, but it could signal that it’s beginning to think abouteasing its bond-buying policy. The Fed will also release new forecasts on Wednesday, which could indicate a possible first rate hike penciled in for 2023. Previously, Fed officials hadn’t come to a consensus for a rate hike through 2023.</p> \n<p>The Fed’s statement and forecasts will come out at 2 p.m. ET followed by a press conference by Chairman Jerome Powell 30 minutes later.</p> \n<p>The meeting comes as inflation heats up, with producer prices rising at their fastest annual rate in nearly 11 years duringMay, a report on Tuesday showed. This has prompted some, including Paul Tudor Jones, to call for the central bank to re-think its easy monetary policy.</p> \n<p>\"I still think equities are going higher,\" BlackRock global bond chief Rick Rieder said on CNBC's \"Squawk Box\" on Wednesday. \"If we don't hear anything different, then I worry a little bit about risk the system creates — you can create asset bubbles you can create leverage. We've seen markets that are a little bit concerning with literally zero spread to them for risk assets.\"</p> \n<p>The central bank has been buying $120 billion worth of bonds each month as the economy continues to recover from the coronavirus pandemic.</p> \n<p>\"The drama this week will be whether the Fed sits tight or admits that inflation is rising and that the Fed needs to tighten,\" said Brad McMillan, CIO at Commonwealth Financial Network. \"Since the Fed has a dual mandate—unemployment and inflation—that suggests it should indeed keep its focus on unemployment, rather than inflation.\"</p> \n<p>Minutes from the central bank's last meeting showed that some Fed officials said it could be appropriate to start discussing adjustments to the bond-buying program should the economy continue to recover. Economists predict that while some of these discussions could begin, concrete details will not be revealed until later this year.</p> \n<p>On Wednesday,China said it will release industrial metalsincluding copper, aluminum and zinc from its national reserves to curb commodity prices. Copper price has fallen more than 10% from its record high, dipping into correction territory on Tuesday.</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>S&P 500 is flat near a record with all eyes on Federal Reserve’s update</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\">\nS&P 500 is flat near a record with all eyes on Federal Reserve’s update\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-16 21:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stocks were mostly flat on Wednesday ahead of theFederal Reserve’s updateon monetary policy.</p> \n<p>The Dow Jones Industrial Average traded 20 points higher. The S&P 500 inched up 0.1%, sitting just a few points below an all-time high reached in the previous session. The tech-heavy Nasdaq Composite edged up 0.2%.</p> \n<p>Large tech shares like Tesla and Nvidia were slightly lower, while shares of economic reopening plays Royal Caribbean and Carnival gained 1% each.</p> \n<p>Stocks pulled back from record levels duringTuesday’s trading session, with the S&P 500 closing 0.2% lower after hitting an all-time intraday high earlier in the day. The Dow slid nearly 100 points and the Nasdaq Composite dipped 0.7% amid weakness in shares of Big Tech.</p> \n<p>The Federal Reserve kicked off its two-day meeting on Tuesday. The central bank is not expected to make any policy moves, but it could signal that it’s beginning to think abouteasing its bond-buying policy. The Fed will also release new forecasts on Wednesday, which could indicate a possible first rate hike penciled in for 2023. Previously, Fed officials hadn’t come to a consensus for a rate hike through 2023.</p> \n<p>The Fed’s statement and forecasts will come out at 2 p.m. ET followed by a press conference by Chairman Jerome Powell 30 minutes later.</p> \n<p>The meeting comes as inflation heats up, with producer prices rising at their fastest annual rate in nearly 11 years duringMay, a report on Tuesday showed. This has prompted some, including Paul Tudor Jones, to call for the central bank to re-think its easy monetary policy.</p> \n<p>\"I still think equities are going higher,\" BlackRock global bond chief Rick Rieder said on CNBC's \"Squawk Box\" on Wednesday. \"If we don't hear anything different, then I worry a little bit about risk the system creates — you can create asset bubbles you can create leverage. We've seen markets that are a little bit concerning with literally zero spread to them for risk assets.\"</p> \n<p>The central bank has been buying $120 billion worth of bonds each month as the economy continues to recover from the coronavirus pandemic.</p> \n<p>\"The drama this week will be whether the Fed sits tight or admits that inflation is rising and that the Fed needs to tighten,\" said Brad McMillan, CIO at Commonwealth Financial Network. \"Since the Fed has a dual mandate—unemployment and inflation—that suggests it should indeed keep its focus on unemployment, rather than inflation.\"</p> \n<p>Minutes from the central bank's last meeting showed that some Fed officials said it could be appropriate to start discussing adjustments to the bond-buying program should the economy continue to recover. Economists predict that while some of these discussions could begin, concrete details will not be revealed until later this year.</p> \n<p>On Wednesday,China said it will release industrial metalsincluding copper, aluminum and zinc from its national reserves to curb commodity prices. Copper price has fallen more than 10% from its record high, dipping into correction territory on Tuesday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118154026","content_text":"U.S. stocks were mostly flat on Wednesday ahead of theFederal Reserve’s updateon monetary policy.\nThe Dow Jones Industrial Average traded 20 points higher. The S&P 500 inched up 0.1%, sitting just a few points below an all-time high reached in the previous session. The tech-heavy Nasdaq Composite edged up 0.2%.\nLarge tech shares like Tesla and Nvidia were slightly lower, while shares of economic reopening plays Royal Caribbean and Carnival gained 1% each.\nStocks pulled back from record levels duringTuesday’s trading session, with the S&P 500 closing 0.2% lower after hitting an all-time intraday high earlier in the day. The Dow slid nearly 100 points and the Nasdaq Composite dipped 0.7% amid weakness in shares of Big Tech.\nThe Federal Reserve kicked off its two-day meeting on Tuesday. The central bank is not expected to make any policy moves, but it could signal that it’s beginning to think abouteasing its bond-buying policy. The Fed will also release new forecasts on Wednesday, which could indicate a possible first rate hike penciled in for 2023. Previously, Fed officials hadn’t come to a consensus for a rate hike through 2023.\nThe Fed’s statement and forecasts will come out at 2 p.m. ET followed by a press conference by Chairman Jerome Powell 30 minutes later.\nThe meeting comes as inflation heats up, with producer prices rising at their fastest annual rate in nearly 11 years duringMay, a report on Tuesday showed. This has prompted some, including Paul Tudor Jones, to call for the central bank to re-think its easy monetary policy.\n\"I still think equities are going higher,\" BlackRock global bond chief Rick Rieder said on CNBC's \"Squawk Box\" on Wednesday. \"If we don't hear anything different, then I worry a little bit about risk the system creates — you can create asset bubbles you can create leverage. We've seen markets that are a little bit concerning with literally zero spread to them for risk assets.\"\nThe central bank has been buying $120 billion worth of bonds each month as the economy continues to recover from the coronavirus pandemic.\n\"The drama this week will be whether the Fed sits tight or admits that inflation is rising and that the Fed needs to tighten,\" said Brad McMillan, CIO at Commonwealth Financial Network. \"Since the Fed has a dual mandate—unemployment and inflation—that suggests it should indeed keep its focus on unemployment, rather than inflation.\"\nMinutes from the central bank's last meeting showed that some Fed officials said it could be appropriate to start discussing adjustments to the bond-buying program should the economy continue to recover. Economists predict that while some of these discussions could begin, concrete details will not be revealed until later this year.\nOn Wednesday,China said it will release industrial metalsincluding copper, aluminum and zinc from its national reserves to curb commodity prices. 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