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2021-06-17
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2021-06-17
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2021-06-17
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Could Tesla Commercials Be Coming? Musk Suggests Advertising Under Consideration
JermineAng
2021-06-17
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2021-06-17
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What lumber and gold prices tell us about the stock market's next move
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Musk Suggests Advertising Under Consideration","url":"https://stock-news.laohu8.com/highlight/detail?id=1138650073","media":"Benzinga","summary":"For years, Tesla has relied on word of mouth and its strong brand awareness as its main marketing plan of action. New comments from Elon Musk suggest the company could be considering commercials or some form of mainstream advertisements.What Happened:A response on Twitter Inc from Tesla Inc CEO Musk has prompted a discussion on whether the electric vehicle manufacturer will soon launch advertisements, according to Teslerati.“Most people have no idea just how good the Tesla air purification syste","content":"<p>For years, Tesla has relied on word of mouth and its strong brand awareness as its main marketing plan of action. New comments from <b>Elon Musk</b> suggest the company could be considering commercials or some form of mainstream advertisements.</p>\n<p><b>What Happened:</b>A response on <b>Twitter Inc</b> from <b>Tesla Inc</b> CEO Musk has prompted a discussion on whether the electric vehicle manufacturer will soon launch advertisements, according to Teslerati.</p>\n<p>“Most people have no idea just how good the Tesla air purification system is,” Musk tweeted. The comment came in discussion of the car’s HVAC system.</p>\n<p>“Maybe we should advertise informationally just so people know stuff like this exists.”</p>\n<p>With a lack of information out on Tesla products and some disinformation, Tesla’s commercials or advertisements would likely feature facts and figures about Tesla.</p>\n<p><b>Why It’s Important:</b>Musk has been against Tesla commercials, and the company has been limited in the amount of information it provides to the media, disbanding its PR department last year.</p>\n<p>While everyone knows Tesla as an electric vehicle manufacturer, specific advertisements centered on the company’s energy storage, solar panel business or push into HVAC could help show the company is more than a car company.</p>\n<p>The field of companies in the electric vehicle market is growing and many large automotive companies are investing heavily in manufacturing and also marketing campaigns.</p>\n<p>Several companies spent big bucks on Super Bowl commercials to highlight electric vehicles.</p>\n<p>Companies like <b>Ford Motor Company</b> and Lucid Motors, which is merging with <b>Churchill Capital Corp IV</b>, aired electric vehiclecommercialsduring Musk’s appearance on \"Saturday Night Live.\"</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>Could Tesla Commercials Be Coming? Musk Suggests Advertising Under Consideration</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\">\nCould Tesla Commercials Be Coming? Musk Suggests Advertising Under Consideration\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-06-17 08:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>For years, Tesla has relied on word of mouth and its strong brand awareness as its main marketing plan of action. New comments from <b>Elon Musk</b> suggest the company could be considering commercials or some form of mainstream advertisements.</p>\n<p><b>What Happened:</b>A response on <b>Twitter Inc</b> from <b>Tesla Inc</b> CEO Musk has prompted a discussion on whether the electric vehicle manufacturer will soon launch advertisements, according to Teslerati.</p>\n<p>“Most people have no idea just how good the Tesla air purification system is,” Musk tweeted. The comment came in discussion of the car’s HVAC system.</p>\n<p>“Maybe we should advertise informationally just so people know stuff like this exists.”</p>\n<p>With a lack of information out on Tesla products and some disinformation, Tesla’s commercials or advertisements would likely feature facts and figures about Tesla.</p>\n<p><b>Why It’s Important:</b>Musk has been against Tesla commercials, and the company has been limited in the amount of information it provides to the media, disbanding its PR department last year.</p>\n<p>While everyone knows Tesla as an electric vehicle manufacturer, specific advertisements centered on the company’s energy storage, solar panel business or push into HVAC could help show the company is more than a car company.</p>\n<p>The field of companies in the electric vehicle market is growing and many large automotive companies are investing heavily in manufacturing and also marketing campaigns.</p>\n<p>Several companies spent big bucks on Super Bowl commercials to highlight electric vehicles.</p>\n<p>Companies like <b>Ford Motor Company</b> and Lucid Motors, which is merging with <b>Churchill Capital Corp IV</b>, aired electric vehiclecommercialsduring Musk’s appearance on \"Saturday Night Live.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138650073","content_text":"For years, Tesla has relied on word of mouth and its strong brand awareness as its main marketing plan of action. New comments from Elon Musk suggest the company could be considering commercials or some form of mainstream advertisements.\nWhat Happened:A response on Twitter Inc from Tesla Inc CEO Musk has prompted a discussion on whether the electric vehicle manufacturer will soon launch advertisements, according to Teslerati.\n“Most people have no idea just how good the Tesla air purification system is,” Musk tweeted. The comment came in discussion of the car’s HVAC system.\n“Maybe we should advertise informationally just so people know stuff like this exists.”\nWith a lack of information out on Tesla products and some disinformation, Tesla’s commercials or advertisements would likely feature facts and figures about Tesla.\nWhy It’s Important:Musk has been against Tesla commercials, and the company has been limited in the amount of information it provides to the media, disbanding its PR department last year.\nWhile everyone knows Tesla as an electric vehicle manufacturer, specific advertisements centered on the company’s energy storage, solar panel business or push into HVAC could help show the company is more than a car company.\nThe field of companies in the electric vehicle market is growing and many large automotive companies are investing heavily in manufacturing and also marketing campaigns.\nSeveral companies spent big bucks on Super Bowl commercials to highlight electric vehicles.\nCompanies like Ford Motor Company and Lucid Motors, which is merging with Churchill Capital Corp IV, aired electric vehiclecommercialsduring Musk’s appearance on \"Saturday Night Live.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":706,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163783189,"gmtCreate":1623893526141,"gmtModify":1703822747596,"author":{"id":"3585531151299544","authorId":"3585531151299544","name":"JermineAng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585531151299544","authorIdStr":"3585531151299544"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SBUX\">$Starbucks(SBUX)$</a>good","listText":"<a href=\"https://laohu8.com/S/SBUX\">$Starbucks(SBUX)$</a>good","text":"$Starbucks(SBUX)$good","images":[{"img":"https://static.tigerbbs.com/e0ec60aed289ec2684bf2d066d7677b1","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163783189","isVote":1,"tweetType":1,"viewCount":507,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":163780527,"gmtCreate":1623893484969,"gmtModify":1703822745305,"author":{"id":"3585531151299544","authorId":"3585531151299544","name":"JermineAng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585531151299544","authorIdStr":"3585531151299544"},"themes":[],"htmlText":" Hhh","listText":" Hhh","text":"Hhh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163780527","repostId":"2144713396","repostType":4,"repost":{"id":"2144713396","kind":"highlight","pubTimestamp":1623889510,"share":"https://ttm.financial/m/news/2144713396?lang=&edition=fundamental","pubTime":"2021-06-17 08:25","market":"us","language":"en","title":"What lumber and gold prices tell us about the stock market's next move","url":"https://stock-news.laohu8.com/highlight/detail?id=2144713396","media":"MarketWatch","summary":"Commodities have an effect on stocks but the one to watch is platinum. See full story .\nGETTY IMAGES","content":"<p>Commodities have an effect on stocks but the one to watch is platinum. See full story .</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cae56c9abdfe2e326972f59f852b6c04\" tg-width=\"1260\" tg-height=\"840\"><span>GETTY IMAGES</span></p>\n<p>Lumber prices have experienced one of their biggest and quickest plunges in history— with the spot futures contract dropping more than $670, or 40%, in just 25 trading sessions.</p>\n<p>It’s human nature to try to find meaning in this, since the alternative is to accept that price changes this momentous are nothing more than merely random fluctuations. None of us like to accept that our investment portfolios could be subject to such cruel twists of fate.</p>\n<p>One way in which some are finding meaning in lumber’s decline is via a market-timing indicator based on the ratio of lumber to gold.One study found that when the ratio is higher than where it was 13 weeks previously, conditions should be favorable for U.S. stocks. When it’s lower, U.S. Treasury bonds are preferred.</p>\n<p>Not surprisingly, given lumber’s recent plunge, this ratio’s current message is bearish for stocks. (See chart below.) To help determine how much weight to place on that message, I tested the ratio back to 1984 — which is how far back data extend on FactSet. For each week since then, I calculated whether the ratio was higher or lower than where it was 13 weeks previously.</p>\n<p><img src=\"https://static.tigerbbs.com/c3b4a71a21eea91205bffc083189f6a1\" tg-width=\"1260\" tg-height=\"849\"></p>\n<p>The table below reports the frequency of a rising market as a function of whether the lumber-gold ratio’s 13-week change was positive or negative. I used the Wilshire 5000’s Total Return Index as the market benchmark.</p>\n<p><img src=\"https://static.tigerbbs.com/b87c08d2f35d4035d6679a53b43dad2d\" tg-width=\"1260\" tg-height=\"377\"></p>\n<p>Notice that the lumber-gold ratio makes little to no difference to the frequency of a higher stock market. This suggests that the recent downturn in the lumber-gold ratio may not be as alarming as it otherwise might appear.</p>\n<p>Of course, it’s possible that even though a decline isn’t more likely when the ratio’s 13-week change is negative, the declines that do take place are more severe. The table below reports the relevant data, which tell a similar story as the table above.</p>\n<p><img src=\"https://static.tigerbbs.com/8a25f2a5327104a15712a37d05c39479\" tg-width=\"1260\" tg-height=\"265\"></p>\n<p>To be sure, this discussion is not an exhaustive analysis of the lumber-gold ratio’s potential value. There may be other ways of slicing and dicing the data that uncover ways in which it can be of use to investors. Nevertheless, the data would seem to suggest that the recent downturn in the lumber-gold ratio is not in and of itself a huge cause for alarm.</p>\n<p>None of these results guarantees that the stock market won’t experience a correction in coming weeks, or even begin a bear market. It very much could, at any time, given how overvalued the stock market is. My point is that, as far as I can see, the declining lumber-gold ratio is not an additional reason for predicting such a downturn.</p>\n<p><b>Gold-platinum ratio</b></p>\n<p>In the meantime, you may want to give the stock market the benefit of the doubt. That’s because of another commodity-market-based ratio that a peer-reviewed academic study has found to have an excellent record forecasting the stock market’s 12-month return. This other ratio is the price of gold divided by the price of platinum.</p>\n<p>I most recently wrote about this ratio in February. Though the ratio is a lot lower today than the multiyear high it set at the bottom of last March’s waterfall decline, it still is above its long-term average. Accordingly, though the stock market’s upside potential over the next 12 months is nowhere as strong as it was as year ago, it still is above average.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What lumber and gold prices tell us about the stock market's next move</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat lumber and gold prices tell us about the stock market's next move\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 08:25 GMT+8 <a href=https://www.marketwatch.com/story/what-lumber-and-gold-prices-tell-us-about-the-stock-markets-next-move-11623811154?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Commodities have an effect on stocks but the one to watch is platinum. See full story .\nGETTY IMAGES\nLumber prices have experienced one of their biggest and quickest plunges in history— with the spot ...</p>\n\n<a href=\"https://www.marketwatch.com/story/what-lumber-and-gold-prices-tell-us-about-the-stock-markets-next-move-11623811154?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/what-lumber-and-gold-prices-tell-us-about-the-stock-markets-next-move-11623811154?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144713396","content_text":"Commodities have an effect on stocks but the one to watch is platinum. See full story .\nGETTY IMAGES\nLumber prices have experienced one of their biggest and quickest plunges in history— with the spot futures contract dropping more than $670, or 40%, in just 25 trading sessions.\nIt’s human nature to try to find meaning in this, since the alternative is to accept that price changes this momentous are nothing more than merely random fluctuations. None of us like to accept that our investment portfolios could be subject to such cruel twists of fate.\nOne way in which some are finding meaning in lumber’s decline is via a market-timing indicator based on the ratio of lumber to gold.One study found that when the ratio is higher than where it was 13 weeks previously, conditions should be favorable for U.S. stocks. When it’s lower, U.S. Treasury bonds are preferred.\nNot surprisingly, given lumber’s recent plunge, this ratio’s current message is bearish for stocks. (See chart below.) To help determine how much weight to place on that message, I tested the ratio back to 1984 — which is how far back data extend on FactSet. For each week since then, I calculated whether the ratio was higher or lower than where it was 13 weeks previously.\n\nThe table below reports the frequency of a rising market as a function of whether the lumber-gold ratio’s 13-week change was positive or negative. I used the Wilshire 5000’s Total Return Index as the market benchmark.\n\nNotice that the lumber-gold ratio makes little to no difference to the frequency of a higher stock market. This suggests that the recent downturn in the lumber-gold ratio may not be as alarming as it otherwise might appear.\nOf course, it’s possible that even though a decline isn’t more likely when the ratio’s 13-week change is negative, the declines that do take place are more severe. The table below reports the relevant data, which tell a similar story as the table above.\n\nTo be sure, this discussion is not an exhaustive analysis of the lumber-gold ratio’s potential value. There may be other ways of slicing and dicing the data that uncover ways in which it can be of use to investors. Nevertheless, the data would seem to suggest that the recent downturn in the lumber-gold ratio is not in and of itself a huge cause for alarm.\nNone of these results guarantees that the stock market won’t experience a correction in coming weeks, or even begin a bear market. It very much could, at any time, given how overvalued the stock market is. My point is that, as far as I can see, the declining lumber-gold ratio is not an additional reason for predicting such a downturn.\nGold-platinum ratio\nIn the meantime, you may want to give the stock market the benefit of the doubt. That’s because of another commodity-market-based ratio that a peer-reviewed academic study has found to have an excellent record forecasting the stock market’s 12-month return. This other ratio is the price of gold divided by the price of platinum.\nI most recently wrote about this ratio in February. Though the ratio is a lot lower today than the multiyear high it set at the bottom of last March’s waterfall decline, it still is above its long-term average. Accordingly, though the stock market’s upside potential over the next 12 months is nowhere as strong as it was as year ago, it still is above average.","news_type":1},"isVote":1,"tweetType":1,"viewCount":559,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163714136,"gmtCreate":1623893423625,"gmtModify":1703822742237,"author":{"id":"3585531151299544","authorId":"3585531151299544","name":"JermineAng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585531151299544","authorIdStr":"3585531151299544"},"themes":[],"htmlText":"Hihi","listText":"Hihi","text":"Hihi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/163714136","repostId":"2143791761","repostType":4,"isVote":1,"tweetType":1,"viewCount":323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163735812,"gmtCreate":1623893120836,"gmtModify":1703822726603,"author":{"id":"3585531151299544","authorId":"3585531151299544","name":"JermineAng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585531151299544","authorIdStr":"3585531151299544"},"themes":[],"htmlText":"Hihi cool","listText":"Hihi cool","text":"Hihi cool","images":[{"img":"https://static.tigerbbs.com/8a97bea63f1b436e1d80eea968bb3d12","width":"750","height":"1324"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163735812","isVote":1,"tweetType":1,"viewCount":415,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":163714136,"gmtCreate":1623893423625,"gmtModify":1703822742237,"author":{"id":"3585531151299544","authorId":"3585531151299544","name":"JermineAng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585531151299544","authorIdStr":"3585531151299544"},"themes":[],"htmlText":"Hihi","listText":"Hihi","text":"Hihi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/163714136","repostId":"2143791761","repostType":4,"isVote":1,"tweetType":1,"viewCount":323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163735812,"gmtCreate":1623893120836,"gmtModify":1703822726603,"author":{"id":"3585531151299544","authorId":"3585531151299544","name":"JermineAng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585531151299544","authorIdStr":"3585531151299544"},"themes":[],"htmlText":"Hihi cool","listText":"Hihi cool","text":"Hihi cool","images":[{"img":"https://static.tigerbbs.com/8a97bea63f1b436e1d80eea968bb3d12","width":"750","height":"1324"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163735812","isVote":1,"tweetType":1,"viewCount":415,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":163769192,"gmtCreate":1623893716916,"gmtModify":1703822761085,"author":{"id":"3585531151299544","authorId":"3585531151299544","name":"JermineAng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585531151299544","authorIdStr":"3585531151299544"},"themes":[],"htmlText":"Good bye","listText":"Good bye","text":"Good bye","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163769192","repostId":"1138650073","repostType":4,"repost":{"id":"1138650073","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1623889805,"share":"https://ttm.financial/m/news/1138650073?lang=&edition=fundamental","pubTime":"2021-06-17 08:30","market":"us","language":"en","title":"Could Tesla Commercials Be Coming? Musk Suggests Advertising Under Consideration","url":"https://stock-news.laohu8.com/highlight/detail?id=1138650073","media":"Benzinga","summary":"For years, Tesla has relied on word of mouth and its strong brand awareness as its main marketing plan of action. New comments from Elon Musk suggest the company could be considering commercials or some form of mainstream advertisements.What Happened:A response on Twitter Inc from Tesla Inc CEO Musk has prompted a discussion on whether the electric vehicle manufacturer will soon launch advertisements, according to Teslerati.“Most people have no idea just how good the Tesla air purification syste","content":"<p>For years, Tesla has relied on word of mouth and its strong brand awareness as its main marketing plan of action. New comments from <b>Elon Musk</b> suggest the company could be considering commercials or some form of mainstream advertisements.</p>\n<p><b>What Happened:</b>A response on <b>Twitter Inc</b> from <b>Tesla Inc</b> CEO Musk has prompted a discussion on whether the electric vehicle manufacturer will soon launch advertisements, according to Teslerati.</p>\n<p>“Most people have no idea just how good the Tesla air purification system is,” Musk tweeted. The comment came in discussion of the car’s HVAC system.</p>\n<p>“Maybe we should advertise informationally just so people know stuff like this exists.”</p>\n<p>With a lack of information out on Tesla products and some disinformation, Tesla’s commercials or advertisements would likely feature facts and figures about Tesla.</p>\n<p><b>Why It’s Important:</b>Musk has been against Tesla commercials, and the company has been limited in the amount of information it provides to the media, disbanding its PR department last year.</p>\n<p>While everyone knows Tesla as an electric vehicle manufacturer, specific advertisements centered on the company’s energy storage, solar panel business or push into HVAC could help show the company is more than a car company.</p>\n<p>The field of companies in the electric vehicle market is growing and many large automotive companies are investing heavily in manufacturing and also marketing campaigns.</p>\n<p>Several companies spent big bucks on Super Bowl commercials to highlight electric vehicles.</p>\n<p>Companies like <b>Ford Motor Company</b> and Lucid Motors, which is merging with <b>Churchill Capital Corp IV</b>, aired electric vehiclecommercialsduring Musk’s appearance on \"Saturday Night Live.\"</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>Could Tesla Commercials Be Coming? Musk Suggests Advertising Under Consideration</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\">\nCould Tesla Commercials Be Coming? Musk Suggests Advertising Under Consideration\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-06-17 08:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>For years, Tesla has relied on word of mouth and its strong brand awareness as its main marketing plan of action. New comments from <b>Elon Musk</b> suggest the company could be considering commercials or some form of mainstream advertisements.</p>\n<p><b>What Happened:</b>A response on <b>Twitter Inc</b> from <b>Tesla Inc</b> CEO Musk has prompted a discussion on whether the electric vehicle manufacturer will soon launch advertisements, according to Teslerati.</p>\n<p>“Most people have no idea just how good the Tesla air purification system is,” Musk tweeted. The comment came in discussion of the car’s HVAC system.</p>\n<p>“Maybe we should advertise informationally just so people know stuff like this exists.”</p>\n<p>With a lack of information out on Tesla products and some disinformation, Tesla’s commercials or advertisements would likely feature facts and figures about Tesla.</p>\n<p><b>Why It’s Important:</b>Musk has been against Tesla commercials, and the company has been limited in the amount of information it provides to the media, disbanding its PR department last year.</p>\n<p>While everyone knows Tesla as an electric vehicle manufacturer, specific advertisements centered on the company’s energy storage, solar panel business or push into HVAC could help show the company is more than a car company.</p>\n<p>The field of companies in the electric vehicle market is growing and many large automotive companies are investing heavily in manufacturing and also marketing campaigns.</p>\n<p>Several companies spent big bucks on Super Bowl commercials to highlight electric vehicles.</p>\n<p>Companies like <b>Ford Motor Company</b> and Lucid Motors, which is merging with <b>Churchill Capital Corp IV</b>, aired electric vehiclecommercialsduring Musk’s appearance on \"Saturday Night Live.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138650073","content_text":"For years, Tesla has relied on word of mouth and its strong brand awareness as its main marketing plan of action. New comments from Elon Musk suggest the company could be considering commercials or some form of mainstream advertisements.\nWhat Happened:A response on Twitter Inc from Tesla Inc CEO Musk has prompted a discussion on whether the electric vehicle manufacturer will soon launch advertisements, according to Teslerati.\n“Most people have no idea just how good the Tesla air purification system is,” Musk tweeted. The comment came in discussion of the car’s HVAC system.\n“Maybe we should advertise informationally just so people know stuff like this exists.”\nWith a lack of information out on Tesla products and some disinformation, Tesla’s commercials or advertisements would likely feature facts and figures about Tesla.\nWhy It’s Important:Musk has been against Tesla commercials, and the company has been limited in the amount of information it provides to the media, disbanding its PR department last year.\nWhile everyone knows Tesla as an electric vehicle manufacturer, specific advertisements centered on the company’s energy storage, solar panel business or push into HVAC could help show the company is more than a car company.\nThe field of companies in the electric vehicle market is growing and many large automotive companies are investing heavily in manufacturing and also marketing campaigns.\nSeveral companies spent big bucks on Super Bowl commercials to highlight electric vehicles.\nCompanies like Ford Motor Company and Lucid Motors, which is merging with Churchill Capital Corp IV, aired electric vehiclecommercialsduring Musk’s appearance on \"Saturday Night Live.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":706,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163783189,"gmtCreate":1623893526141,"gmtModify":1703822747596,"author":{"id":"3585531151299544","authorId":"3585531151299544","name":"JermineAng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585531151299544","authorIdStr":"3585531151299544"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SBUX\">$Starbucks(SBUX)$</a>good","listText":"<a href=\"https://laohu8.com/S/SBUX\">$Starbucks(SBUX)$</a>good","text":"$Starbucks(SBUX)$good","images":[{"img":"https://static.tigerbbs.com/e0ec60aed289ec2684bf2d066d7677b1","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163783189","isVote":1,"tweetType":1,"viewCount":507,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":163780527,"gmtCreate":1623893484969,"gmtModify":1703822745305,"author":{"id":"3585531151299544","authorId":"3585531151299544","name":"JermineAng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585531151299544","authorIdStr":"3585531151299544"},"themes":[],"htmlText":" Hhh","listText":" Hhh","text":"Hhh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163780527","repostId":"2144713396","repostType":4,"repost":{"id":"2144713396","kind":"highlight","pubTimestamp":1623889510,"share":"https://ttm.financial/m/news/2144713396?lang=&edition=fundamental","pubTime":"2021-06-17 08:25","market":"us","language":"en","title":"What lumber and gold prices tell us about the stock market's next move","url":"https://stock-news.laohu8.com/highlight/detail?id=2144713396","media":"MarketWatch","summary":"Commodities have an effect on stocks but the one to watch is platinum. See full story .\nGETTY IMAGES","content":"<p>Commodities have an effect on stocks but the one to watch is platinum. See full story .</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cae56c9abdfe2e326972f59f852b6c04\" tg-width=\"1260\" tg-height=\"840\"><span>GETTY IMAGES</span></p>\n<p>Lumber prices have experienced one of their biggest and quickest plunges in history— with the spot futures contract dropping more than $670, or 40%, in just 25 trading sessions.</p>\n<p>It’s human nature to try to find meaning in this, since the alternative is to accept that price changes this momentous are nothing more than merely random fluctuations. None of us like to accept that our investment portfolios could be subject to such cruel twists of fate.</p>\n<p>One way in which some are finding meaning in lumber’s decline is via a market-timing indicator based on the ratio of lumber to gold.One study found that when the ratio is higher than where it was 13 weeks previously, conditions should be favorable for U.S. stocks. When it’s lower, U.S. Treasury bonds are preferred.</p>\n<p>Not surprisingly, given lumber’s recent plunge, this ratio’s current message is bearish for stocks. (See chart below.) To help determine how much weight to place on that message, I tested the ratio back to 1984 — which is how far back data extend on FactSet. For each week since then, I calculated whether the ratio was higher or lower than where it was 13 weeks previously.</p>\n<p><img src=\"https://static.tigerbbs.com/c3b4a71a21eea91205bffc083189f6a1\" tg-width=\"1260\" tg-height=\"849\"></p>\n<p>The table below reports the frequency of a rising market as a function of whether the lumber-gold ratio’s 13-week change was positive or negative. I used the Wilshire 5000’s Total Return Index as the market benchmark.</p>\n<p><img src=\"https://static.tigerbbs.com/b87c08d2f35d4035d6679a53b43dad2d\" tg-width=\"1260\" tg-height=\"377\"></p>\n<p>Notice that the lumber-gold ratio makes little to no difference to the frequency of a higher stock market. This suggests that the recent downturn in the lumber-gold ratio may not be as alarming as it otherwise might appear.</p>\n<p>Of course, it’s possible that even though a decline isn’t more likely when the ratio’s 13-week change is negative, the declines that do take place are more severe. The table below reports the relevant data, which tell a similar story as the table above.</p>\n<p><img src=\"https://static.tigerbbs.com/8a25f2a5327104a15712a37d05c39479\" tg-width=\"1260\" tg-height=\"265\"></p>\n<p>To be sure, this discussion is not an exhaustive analysis of the lumber-gold ratio’s potential value. There may be other ways of slicing and dicing the data that uncover ways in which it can be of use to investors. Nevertheless, the data would seem to suggest that the recent downturn in the lumber-gold ratio is not in and of itself a huge cause for alarm.</p>\n<p>None of these results guarantees that the stock market won’t experience a correction in coming weeks, or even begin a bear market. It very much could, at any time, given how overvalued the stock market is. My point is that, as far as I can see, the declining lumber-gold ratio is not an additional reason for predicting such a downturn.</p>\n<p><b>Gold-platinum ratio</b></p>\n<p>In the meantime, you may want to give the stock market the benefit of the doubt. That’s because of another commodity-market-based ratio that a peer-reviewed academic study has found to have an excellent record forecasting the stock market’s 12-month return. This other ratio is the price of gold divided by the price of platinum.</p>\n<p>I most recently wrote about this ratio in February. Though the ratio is a lot lower today than the multiyear high it set at the bottom of last March’s waterfall decline, it still is above its long-term average. Accordingly, though the stock market’s upside potential over the next 12 months is nowhere as strong as it was as year ago, it still is above average.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What lumber and gold prices tell us about the stock market's next move</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat lumber and gold prices tell us about the stock market's next move\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 08:25 GMT+8 <a href=https://www.marketwatch.com/story/what-lumber-and-gold-prices-tell-us-about-the-stock-markets-next-move-11623811154?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Commodities have an effect on stocks but the one to watch is platinum. See full story .\nGETTY IMAGES\nLumber prices have experienced one of their biggest and quickest plunges in history— with the spot ...</p>\n\n<a href=\"https://www.marketwatch.com/story/what-lumber-and-gold-prices-tell-us-about-the-stock-markets-next-move-11623811154?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/what-lumber-and-gold-prices-tell-us-about-the-stock-markets-next-move-11623811154?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144713396","content_text":"Commodities have an effect on stocks but the one to watch is platinum. See full story .\nGETTY IMAGES\nLumber prices have experienced one of their biggest and quickest plunges in history— with the spot futures contract dropping more than $670, or 40%, in just 25 trading sessions.\nIt’s human nature to try to find meaning in this, since the alternative is to accept that price changes this momentous are nothing more than merely random fluctuations. None of us like to accept that our investment portfolios could be subject to such cruel twists of fate.\nOne way in which some are finding meaning in lumber’s decline is via a market-timing indicator based on the ratio of lumber to gold.One study found that when the ratio is higher than where it was 13 weeks previously, conditions should be favorable for U.S. stocks. When it’s lower, U.S. Treasury bonds are preferred.\nNot surprisingly, given lumber’s recent plunge, this ratio’s current message is bearish for stocks. (See chart below.) To help determine how much weight to place on that message, I tested the ratio back to 1984 — which is how far back data extend on FactSet. For each week since then, I calculated whether the ratio was higher or lower than where it was 13 weeks previously.\n\nThe table below reports the frequency of a rising market as a function of whether the lumber-gold ratio’s 13-week change was positive or negative. I used the Wilshire 5000’s Total Return Index as the market benchmark.\n\nNotice that the lumber-gold ratio makes little to no difference to the frequency of a higher stock market. This suggests that the recent downturn in the lumber-gold ratio may not be as alarming as it otherwise might appear.\nOf course, it’s possible that even though a decline isn’t more likely when the ratio’s 13-week change is negative, the declines that do take place are more severe. The table below reports the relevant data, which tell a similar story as the table above.\n\nTo be sure, this discussion is not an exhaustive analysis of the lumber-gold ratio’s potential value. There may be other ways of slicing and dicing the data that uncover ways in which it can be of use to investors. Nevertheless, the data would seem to suggest that the recent downturn in the lumber-gold ratio is not in and of itself a huge cause for alarm.\nNone of these results guarantees that the stock market won’t experience a correction in coming weeks, or even begin a bear market. It very much could, at any time, given how overvalued the stock market is. My point is that, as far as I can see, the declining lumber-gold ratio is not an additional reason for predicting such a downturn.\nGold-platinum ratio\nIn the meantime, you may want to give the stock market the benefit of the doubt. That’s because of another commodity-market-based ratio that a peer-reviewed academic study has found to have an excellent record forecasting the stock market’s 12-month return. This other ratio is the price of gold divided by the price of platinum.\nI most recently wrote about this ratio in February. Though the ratio is a lot lower today than the multiyear high it set at the bottom of last March’s waterfall decline, it still is above its long-term average. Accordingly, though the stock market’s upside potential over the next 12 months is nowhere as strong as it was as year ago, it still is above average.","news_type":1},"isVote":1,"tweetType":1,"viewCount":559,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
