QSL personal page - To The Moon

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2022-07-09

$Alibaba(BABA)$good

06-30

Good

@TigerEvents:[10th Anniv] Discover exciting features & win a US$1,010 reward!

06-30

Ok ok ok ok ok ok good

01-16

$United Microelectronics(UMC)$ sad

01-14

[Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy]

01-13

[Happy] [Happy] [Happy] [Sad] [Happy] [Sad] [Sad] [Happy] [Happy] [Happy] [Happy] [Happy]

01-12

[Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great]

01-11

[Cool] [Cool] [Cool] [Cool] [Cool] [Cool] [Cool] [Cool] [Cool] [Cool]

01-10

Ok..................

01-10

[Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy]

01-09

[Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] [Angry] [Angry] [Great] [Great] [Great] [Great]

01-08

[Cool] [Cool] [Cool] [Cool] [Cool] [Cool] [Cool] [Cool] [Cool] [Cool]

01-07

[Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great]

01-06

[What] [What] [What] [What] [What] [What] [What] [What] [What] [What] [What] [What] [What]

01-05

[Grin] [Grin] [Grin] [Grin] [Grin] [Grin] [Grin] [Grin] [Grin] [Grin] [Grin] [Grin]

01-04

[Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy]

01-03

[LOL] [LOL] [LOL] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy]

01-02

Super tiger tycoon in the town

01-01

Ready to invest all your money into Tesla. Lets go.

01-01

Good investing dont lose money.......... .

2023-12-31

Happy new year traders and investors.

Go to Tiger App to see more news

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[Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] 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[Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] 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[Cool] [Cool] [Cool] [Cool] [Cool] [Cool] [Cool] [Cool] 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[Cool] [Cool] [Cool] [Cool] [Cool] [Cool] [Cool] [Cool] 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[Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] [Great] 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[What] [What] [What] [What] [What] [What] [What] [What] [What] [What] [What] [What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/260017103769848","isVote":1,"tweetType":1,"viewCount":181,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259866278945016,"gmtCreate":1704454431388,"gmtModify":1704454436420,"author":{"id":"3586036183115498","authorId":"3586036183115498","name":"QSL","avatar":"https://static.tigerbbs.com/bb5d27e2d0cb86c5c558fecd085ec01e","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3586036183115498","authorIdStr":"3586036183115498"},"themes":[],"htmlText":"[Grin]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;","listText":"[Grin]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;","text":"[Grin] [Grin] [Grin] [Grin] [Grin] [Grin] [Grin] [Grin] [Grin] [Grin] [Grin] 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[Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259415596663000","isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259128333250696,"gmtCreate":1704276226530,"gmtModify":1704276230899,"author":{"id":"3586036183115498","authorId":"3586036183115498","name":"QSL","avatar":"https://static.tigerbbs.com/bb5d27e2d0cb86c5c558fecd085ec01e","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3586036183115498","authorIdStr":"3586036183115498"},"themes":[],"htmlText":"[LOL]&nbsp;&nbsp;[LOL]&nbsp;&nbsp;[LOL]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;","listText":"[LOL]&nbsp;&nbsp;[LOL]&nbsp;&nbsp;[LOL]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;","text":"[LOL] [LOL] [LOL] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259128333250696","isVote":1,"tweetType":1,"viewCount":175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":258516795449544,"gmtCreate":1704148446671,"gmtModify":1704148450928,"author":{"id":"3586036183115498","authorId":"3586036183115498","name":"QSL","avatar":"https://static.tigerbbs.com/bb5d27e2d0cb86c5c558fecd085ec01e","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3586036183115498","authorIdStr":"3586036183115498"},"themes":[],"htmlText":"Super tiger tycoon in the town","listText":"Super tiger tycoon in the town","text":"Super tiger tycoon in the town","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/258516795449544","isVote":1,"tweetType":1,"viewCount":32,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":258157246947344,"gmtCreate":1704060686267,"gmtModify":1704060691419,"author":{"id":"3586036183115498","authorId":"3586036183115498","name":"QSL","avatar":"https://static.tigerbbs.com/bb5d27e2d0cb86c5c558fecd085ec01e","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3586036183115498","authorIdStr":"3586036183115498"},"themes":[],"htmlText":"Ready to invest all your money into Tesla. Lets go.","listText":"Ready to invest all your money into Tesla. Lets go.","text":"Ready to invest all your money into Tesla. Lets go.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/258157246947344","isVote":1,"tweetType":1,"viewCount":141,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":258156705538304,"gmtCreate":1704060587709,"gmtModify":1704060591620,"author":{"id":"3586036183115498","authorId":"3586036183115498","name":"QSL","avatar":"https://static.tigerbbs.com/bb5d27e2d0cb86c5c558fecd085ec01e","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3586036183115498","authorIdStr":"3586036183115498"},"themes":[],"htmlText":"Good investing dont lose money.......... .","listText":"Good investing dont lose money.......... .","text":"Good investing dont lose money.......... .","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/258156705538304","isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":257860703416336,"gmtCreate":1703988287945,"gmtModify":1703988292037,"author":{"id":"3586036183115498","authorId":"3586036183115498","name":"QSL","avatar":"https://static.tigerbbs.com/bb5d27e2d0cb86c5c558fecd085ec01e","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3586036183115498","authorIdStr":"3586036183115498"},"themes":[],"htmlText":"Happy new year traders and investors.","listText":"Happy new year traders and investors.","text":"Happy new year traders and 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INDEX ETF(SRT.SI)$buy","images":[{"img":"https://community-static.tradeup.com/news/ec6baf27ecc28c2b193961f7b57716f6","width":"1080","height":"1969"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":17,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075740391","isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9996958850,"gmtCreate":1661120530272,"gmtModify":1676536453579,"author":{"id":"3586036183115498","authorId":"3586036183115498","name":"QSL","avatar":"https://static.tigerbbs.com/bb5d27e2d0cb86c5c558fecd085ec01e","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3586036183115498","authorIdStr":"3586036183115498"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SRT.SI\">$CSOP S-REITs INDEX ETF(SRT.SI)$</a>ok","listText":"<a href=\"https://ttm.financial/S/SRT.SI\">$CSOP S-REITs INDEX ETF(SRT.SI)$</a>ok","text":"$CSOP S-REITs INDEX 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LIMITED(F34.SI)$</a>still down but UOB Kay Hian target price is 6.40","text":"$WILMAR INTERNATIONAL LIMITED(F34.SI)$still down but UOB Kay Hian target price is 6.40","images":[{"img":"https://static.tigerbbs.com/9db137a421d3f18eaa50b67efa2d966d","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/880560689","isVote":1,"tweetType":1,"viewCount":235,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3584067124510307","authorId":"3584067124510307","name":"Gigglyballs","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"idStr":"3584067124510307","authorIdStr":"3584067124510307"},"content":"Also, look at its competitors report, and find out why your business has an \"edge\" over them. That way you;'ll better understand the industry and its competitors.","text":"Also, look at its competitors report, and find out why your business has an \"edge\" over them. That way you;'ll better understand the industry and its competitors.","html":"Also, look at its competitors report, and find out why your business has an \"edge\" over them. That way you;'ll better understand the industry and its competitors."}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9081822381,"gmtCreate":1650236056655,"gmtModify":1676534673064,"author":{"id":"3586036183115498","authorId":"3586036183115498","name":"QSL","avatar":"https://static.tigerbbs.com/bb5d27e2d0cb86c5c558fecd085ec01e","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3586036183115498","authorIdStr":"3586036183115498"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/QQQM\">$Invesco NASDAQ 100 ETF(QQQM)$</a>good to buy","listText":"<a href=\"https://ttm.financial/S/QQQM\">$Invesco NASDAQ 100 ETF(QQQM)$</a>good to buy","text":"$Invesco NASDAQ 100 ETF(QQQM)$good to buy","images":[{"img":"https://community-static.tradeup.com/news/9bbd6343feb018b07ef7b6be46f235e4","width":"1080","height":"3501"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9081822381","isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9956833185,"gmtCreate":1673954941948,"gmtModify":1676538908220,"author":{"id":"3586036183115498","authorId":"3586036183115498","name":"QSL","avatar":"https://static.tigerbbs.com/bb5d27e2d0cb86c5c558fecd085ec01e","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3586036183115498","authorIdStr":"3586036183115498"},"themes":[],"htmlText":"O*kkkkkkkkkkkkkkkklkkkkk","listText":"O*kkkkkkkkkkkkkkkklkkkkk","text":"O*kkkkkkkkkkkkkkkklkkkkk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956833185","isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9011815393,"gmtCreate":1648854691130,"gmtModify":1676534409338,"author":{"id":"3586036183115498","authorId":"3586036183115498","name":"QSL","avatar":"https://static.tigerbbs.com/bb5d27e2d0cb86c5c558fecd085ec01e","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3586036183115498","authorIdStr":"3586036183115498"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/V03.SI\">$VENTURE CORPORATION LIMITED(V03.SI)$</a>good stock","listText":"<a href=\"https://ttm.financial/S/V03.SI\">$VENTURE CORPORATION LIMITED(V03.SI)$</a>good stock","text":"$VENTURE CORPORATION LIMITED(V03.SI)$good stock","images":[{"img":"https://community-static.tradeup.com/news/53b369ee94deb03d72d3eddb1c3fb687","width":"1080","height":"3402"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9011815393","isVote":1,"tweetType":1,"viewCount":227,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":176517506,"gmtCreate":1626907306305,"gmtModify":1703480179138,"author":{"id":"3586036183115498","authorId":"3586036183115498","name":"QSL","avatar":"https://static.tigerbbs.com/bb5d27e2d0cb86c5c558fecd085ec01e","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3586036183115498","authorIdStr":"3586036183115498"},"themes":[],"htmlText":"buy more s&amp;p 500 etf.&nbsp;","listText":"buy more s&amp;p 500 etf.&nbsp;","text":"buy more s&p 500 etf.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/176517506","repostId":"1107219983","repostType":4,"repost":{"id":"1107219983","pubTimestamp":1626858926,"share":"https://ttm.financial/m/news/1107219983?lang=&edition=fundamental","pubTime":"2021-07-21 17:15","market":"us","language":"en","title":"Here Is The One-Word Reason Why JPMorgan Just Raised Its S&P Target To 4,600","url":"https://stock-news.laohu8.com/highlight/detail?id=1107219983","media":"zerohedge","summary":"Mid-cycle?Late-cycle? Nope: according to the latest note published overnight from JPMorgan head glob","content":"<p>Mid-cycle?Late-cycle? Nope: according to the latest note published overnight from JPMorgan head global equity strategist Dubravko Lakos-Bujas, \"even though equity leadership and bonds are trading as if the global economy is entering late cycle,<b>our research suggests the recovery is still in early-cycle</b>and gradually transitioning towards mid-cycle.\" And echoing his JPM colleague and fellow Croat, Marko Kolanovic, who yesterdayadvised clients to stop freaking out about the delta variant(advise which markets are taking to heart today), Dubravko writes that the largest commercial bank remains \"constructive on equities and see the latest round of growth and slowdown fears premature and overblown.\"</p>\n<p><img src=\"https://static.tigerbbs.com/52b0923c42b8b316b85e56a776fa3337\" tg-width=\"1132\" tg-height=\"1215\" width=\"100%\" height=\"auto\">Elaborating on why he is sanguine about the current Delta case breakout, Lakos-Bujas writes that \"we remain of the view that this latest wave will not derail the broader reopening process. While cases have gone up, deaths / hospitalizations remain low and stable due to broadening vaccination rollout and self-immunity from prior waves.\"</p>\n<p><img src=\"https://static.tigerbbs.com/d396ca943f750f3a3bcb38e01a53cbdf\" tg-width=\"772\" tg-height=\"546\" width=\"100%\" height=\"auto\">The strategist then argues that \"reopening of the economy is not an event but rather a process, which in our opinion is still not priced-in, and especially not now given recent market moves. For instance, an increasing number of reopening stocks are now down 30-50% from 1Q21 highs (i.e. travel, cruise lines, oil) and some have reversed back to last year June levels when COVID-19 uncertainty and economic setup were vastly worse than today.\"</p>\n<p>Given the above, JPM sees \"increasingly compelling\" risk/reward for the reopening theme, which can be expressed through Consumer Recovery (JPAMCONR &lt;Index&gt;), Domestic Recovery (JPAMCRDB &lt;Index&gt;) and International Recovery (JPAMCRIB &lt;Index&gt;) baskets, see Fig 1.\" Additionally, JPm argues that global mobility remains nascent and its normalization will continue to release pent-up demand, while tight inventories and new orders bode positively for global growth.</p>\n<p><img src=\"https://static.tigerbbs.com/dc9c52172685e208ffe19abe53233205\" tg-width=\"958\" tg-height=\"959\" width=\"100%\" height=\"auto\">Combining all this bullishness,<b>the JPM equity strategist is revising his EPS estimates higher by an additional $5 to $205 for 2021 and raises the bank's long-held 2021 year-end price target of 4,400 to 4,600, due to the following considerations:</b></p>\n<blockquote>\n At a thematic/sector level, the risk/reward for reopening stocks has improved significantly with the recent pullback creating many unusually attractive opportunities for investors to re-enter various parts of the cyclical cohort. Consumer Discretionary (i.e. Retail, Travel &amp; Leisure), Semis, Banks and Energy are strong buys at current levels. For instance,\n <b>large-cap Energy is now trading at a ~10% FCF yield and a &gt;8% FCF/EV yield at $70 Brent in 2022, with leverage that is &lt;1x</b>. The sector has increasing potential for a sharp short squeeze and move higher, given its extreme disconnect from oil fundamentals (i.e. widest in 30+ years, Figure 10). In addition, our Semiconductor research argues that we are only 30-40% of the way into&nbsp; the current semiconductor upcycle and expect strong Y/Y growth into next year with positive EPS revisions for the next 3-4 quarters. Supply will likely remain tight into 2022, while demand remains strong (20-40% above companies’ ability to supply), thus this supply demand imbalance will persist through 2021. Although customers are responding to tight supply with higher than needed orders, ongoing supply tightness is limiting fulfillment. In fact, JPM expects channel and customer inventories to decline Q/Q again in the just completed June quarter.\n</blockquote>\n<p>Looking at the fundamentals, JPM predicts that S&amp;P 500 gains should also be supported by strong earnings growth and capital return until 2023,<b>and is why JPM is adjusting its above consensus S&amp;P 500 EPS by another $5 for 2022 to $230 (consensus $214) and 2023 to $250 (consensus $233).</b></p>\n<blockquote>\n This revision is largely due to global reopening which is delayed and bound to release further pent-up demand, inventory replenishment, rising profitability for Energy companies, and ongoing policy actions (childcare, infrastructure, etc). We expect cumulative revenue growth of ~30% by 2023 relative to pre-COVID (FY 2019), ~150bp net income margin expansion to a record high at over 13%, and gross buybacks nearing an annual pace of ~$1t during this period.\n</blockquote>\n<p>While all sectors are expected to contribute to earnings growth, JPM expects reflation sensitive sectors (Commodities, Financials, Industrials) and Consumer to do the heaviest lifting in the coming quarters in terms of beats and revisions.</p>\n<p>Putting it all together, Lakos-Bujas says that \"<b>considering this outlook for earnings and shareholder return, we are raising our Price Target to 4,600 for year-end 2021.\"</b></p>\n<p>But while any first year strategist can goalseek a fundamentally bullish narrative and chart it, as JPM has done below...</p>\n<p><img src=\"https://static.tigerbbs.com/41e87174356d968c69893caff66745e0\" tg-width=\"1072\" tg-height=\"1304\" width=\"100%\" height=\"auto\">... there is a very specific reason behind JPM's bullish reversal:<b>the coming surge in buybacks which will result in a boom in shareholder returns,</b>or as Dubravko notes, \"corporates have already increased gross buybacks from pandemic era low of $525b (trailing twelve months as of 1Q21) to an annualized run rate of ~$775b YTD and should surpass previous record of ~$850b (as of 1Q19).\"</p>\n<p><img src=\"https://static.tigerbbs.com/3b09d295af263e87277eaffbda47bb7c\" tg-width=\"1076\" tg-height=\"435\" width=\"100%\" height=\"auto\">In practical terms, JPM expects a sharp drop in the S&amp;P's share count in the next 24 months as the buyback-facilitated slow-motion LBO continues.</p>\n<p><img src=\"https://static.tigerbbs.com/ae94ad29f188e3aac5cdf92b9df65fc3\" tg-width=\"1048\" tg-height=\"396\" width=\"100%\" height=\"auto\">Some more details below on the one biggest catalyst behind JPM's SPX price target hike:</p>\n<blockquote>\n <b>Expecting a boom in shareholder return led by buybacks.</b>Buybacks are reemerging as a key theme with net buyback activity significantly improving this year after bottoming in 2Q20. Corporate buyback announcements, typically a leading indicator of buyback execution activity and corporate confidence, have already well-exceeded 2020 levels ($431B YTD vs. $307B 2020, see Figure 25). In fact,\n <b>the rebound in announcement activity is similar to the surge post-TCJA (see Figure 23) which is tracking towards and it is likely to easily surpass ~$650B by year-end and likely to see rolling 12-month announcements surpass prior record level of ~$1T.</b>Historically, buyback announcements have been concentrated within Technology and Financials. However, YTD we are seeing strong announcement activity from Communications as well (driven by GOOGL ~$50B in Apr). As a reminder, ~$90B of Tech’s $133B in announcements YTD is supported by AAPL and ~$25B of Financials' ~$92B is supported by BAC.\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/774d4e9c2550b27c62d10733947c8de4\" tg-width=\"1077\" tg-height=\"384\" width=\"100%\" height=\"auto\">With the June 30th lifting of pandemic era restriction on US Banks,<b>we could see some further pick-up in buyback announcements.</b>Dry powder (i.e. announced repurchase programs not yet executed) levels have been recovering to pre-pandemic levels (~$658B, see Figure 27) as executions have been relatively slower to rebound but should show a material sequential growth in the coming quarters. With record profit margins (~13% in 2022 vs ~11.5% in 2019), bloated cash levels of $2.0T ex-financials (vs. $1.6T pre- COVID), and lower high grade debt yields (JULI at 2.6% now, vs 3.3% prepandemic),<b>we are expecting a boom in buyback activity over the next year.</b>Gross buybacks should surpass the prior executed high of $850b.</p>\n<p><img src=\"https://static.tigerbbs.com/053354e7e2fc9ea74585b437e0d77f78\" tg-width=\"1076\" tg-height=\"415\" width=\"100%\" height=\"auto\">In summary,<i>assuming $875b in buybacks and dividend income of $575 over the next year,</i>JPM calculates that<b>the expected shareholder yield is 3.9%.</b>This, as Dubravko concludes, \"is a significant cross-asset valuation support for equities at a time when 10yr US bonds are yielding 1.2% and $13 trillion of global debt has a negative yield.\"</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>Here Is The One-Word Reason Why JPMorgan Just Raised Its S&P Target To 4,600</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere Is The One-Word Reason Why JPMorgan Just Raised Its S&P Target To 4,600\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-21 17:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/here-one-word-reason-why-jpmorgan-just-raised-its-sp-target-4600><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mid-cycle?Late-cycle? Nope: according to the latest note published overnight from JPMorgan head global equity strategist Dubravko Lakos-Bujas, \"even though equity leadership and bonds are trading as ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/here-one-word-reason-why-jpmorgan-just-raised-its-sp-target-4600\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/here-one-word-reason-why-jpmorgan-just-raised-its-sp-target-4600","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107219983","content_text":"Mid-cycle?Late-cycle? Nope: according to the latest note published overnight from JPMorgan head global equity strategist Dubravko Lakos-Bujas, \"even though equity leadership and bonds are trading as if the global economy is entering late cycle,our research suggests the recovery is still in early-cycleand gradually transitioning towards mid-cycle.\" And echoing his JPM colleague and fellow Croat, Marko Kolanovic, who yesterdayadvised clients to stop freaking out about the delta variant(advise which markets are taking to heart today), Dubravko writes that the largest commercial bank remains \"constructive on equities and see the latest round of growth and slowdown fears premature and overblown.\"\nElaborating on why he is sanguine about the current Delta case breakout, Lakos-Bujas writes that \"we remain of the view that this latest wave will not derail the broader reopening process. While cases have gone up, deaths / hospitalizations remain low and stable due to broadening vaccination rollout and self-immunity from prior waves.\"\nThe strategist then argues that \"reopening of the economy is not an event but rather a process, which in our opinion is still not priced-in, and especially not now given recent market moves. For instance, an increasing number of reopening stocks are now down 30-50% from 1Q21 highs (i.e. travel, cruise lines, oil) and some have reversed back to last year June levels when COVID-19 uncertainty and economic setup were vastly worse than today.\"\nGiven the above, JPM sees \"increasingly compelling\" risk/reward for the reopening theme, which can be expressed through Consumer Recovery (JPAMCONR <Index>), Domestic Recovery (JPAMCRDB <Index>) and International Recovery (JPAMCRIB <Index>) baskets, see Fig 1.\" Additionally, JPm argues that global mobility remains nascent and its normalization will continue to release pent-up demand, while tight inventories and new orders bode positively for global growth.\nCombining all this bullishness,the JPM equity strategist is revising his EPS estimates higher by an additional $5 to $205 for 2021 and raises the bank's long-held 2021 year-end price target of 4,400 to 4,600, due to the following considerations:\n\n At a thematic/sector level, the risk/reward for reopening stocks has improved significantly with the recent pullback creating many unusually attractive opportunities for investors to re-enter various parts of the cyclical cohort. Consumer Discretionary (i.e. Retail, Travel & Leisure), Semis, Banks and Energy are strong buys at current levels. For instance,\n large-cap Energy is now trading at a ~10% FCF yield and a >8% FCF/EV yield at $70 Brent in 2022, with leverage that is <1x. The sector has increasing potential for a sharp short squeeze and move higher, given its extreme disconnect from oil fundamentals (i.e. widest in 30+ years, Figure 10). In addition, our Semiconductor research argues that we are only 30-40% of the way into  the current semiconductor upcycle and expect strong Y/Y growth into next year with positive EPS revisions for the next 3-4 quarters. Supply will likely remain tight into 2022, while demand remains strong (20-40% above companies’ ability to supply), thus this supply demand imbalance will persist through 2021. Although customers are responding to tight supply with higher than needed orders, ongoing supply tightness is limiting fulfillment. In fact, JPM expects channel and customer inventories to decline Q/Q again in the just completed June quarter.\n\nLooking at the fundamentals, JPM predicts that S&P 500 gains should also be supported by strong earnings growth and capital return until 2023,and is why JPM is adjusting its above consensus S&P 500 EPS by another $5 for 2022 to $230 (consensus $214) and 2023 to $250 (consensus $233).\n\n This revision is largely due to global reopening which is delayed and bound to release further pent-up demand, inventory replenishment, rising profitability for Energy companies, and ongoing policy actions (childcare, infrastructure, etc). We expect cumulative revenue growth of ~30% by 2023 relative to pre-COVID (FY 2019), ~150bp net income margin expansion to a record high at over 13%, and gross buybacks nearing an annual pace of ~$1t during this period.\n\nWhile all sectors are expected to contribute to earnings growth, JPM expects reflation sensitive sectors (Commodities, Financials, Industrials) and Consumer to do the heaviest lifting in the coming quarters in terms of beats and revisions.\nPutting it all together, Lakos-Bujas says that \"considering this outlook for earnings and shareholder return, we are raising our Price Target to 4,600 for year-end 2021.\"\nBut while any first year strategist can goalseek a fundamentally bullish narrative and chart it, as JPM has done below...\n... there is a very specific reason behind JPM's bullish reversal:the coming surge in buybacks which will result in a boom in shareholder returns,or as Dubravko notes, \"corporates have already increased gross buybacks from pandemic era low of $525b (trailing twelve months as of 1Q21) to an annualized run rate of ~$775b YTD and should surpass previous record of ~$850b (as of 1Q19).\"\nIn practical terms, JPM expects a sharp drop in the S&P's share count in the next 24 months as the buyback-facilitated slow-motion LBO continues.\nSome more details below on the one biggest catalyst behind JPM's SPX price target hike:\n\nExpecting a boom in shareholder return led by buybacks.Buybacks are reemerging as a key theme with net buyback activity significantly improving this year after bottoming in 2Q20. Corporate buyback announcements, typically a leading indicator of buyback execution activity and corporate confidence, have already well-exceeded 2020 levels ($431B YTD vs. $307B 2020, see Figure 25). In fact,\n the rebound in announcement activity is similar to the surge post-TCJA (see Figure 23) which is tracking towards and it is likely to easily surpass ~$650B by year-end and likely to see rolling 12-month announcements surpass prior record level of ~$1T.Historically, buyback announcements have been concentrated within Technology and Financials. However, YTD we are seeing strong announcement activity from Communications as well (driven by GOOGL ~$50B in Apr). As a reminder, ~$90B of Tech’s $133B in announcements YTD is supported by AAPL and ~$25B of Financials' ~$92B is supported by BAC.\n\nWith the June 30th lifting of pandemic era restriction on US Banks,we could see some further pick-up in buyback announcements.Dry powder (i.e. announced repurchase programs not yet executed) levels have been recovering to pre-pandemic levels (~$658B, see Figure 27) as executions have been relatively slower to rebound but should show a material sequential growth in the coming quarters. With record profit margins (~13% in 2022 vs ~11.5% in 2019), bloated cash levels of $2.0T ex-financials (vs. $1.6T pre- COVID), and lower high grade debt yields (JULI at 2.6% now, vs 3.3% prepandemic),we are expecting a boom in buyback activity over the next year.Gross buybacks should surpass the prior executed high of $850b.\nIn summary,assuming $875b in buybacks and dividend income of $575 over the next year,JPM calculates thatthe expected shareholder yield is 3.9%.This, as Dubravko concludes, \"is a significant cross-asset valuation support for equities at a time when 10yr US bonds are yielding 1.2% and $13 trillion of global debt has a negative yield.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9017542316,"gmtCreate":1649803369157,"gmtModify":1676534577015,"author":{"id":"3586036183115498","authorId":"3586036183115498","name":"QSL","avatar":"https://static.tigerbbs.com/bb5d27e2d0cb86c5c558fecd085ec01e","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3586036183115498","authorIdStr":"3586036183115498"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/UMC\">$United Microelectronics(UMC)$</a>good low pe","listText":"<a href=\"https://ttm.financial/S/UMC\">$United Microelectronics(UMC)$</a>good low pe","text":"$United Microelectronics(UMC)$good low pe","images":[{"img":"https://community-static.tradeup.com/news/a1fd6c677d7aa0b0b50388ab7f49d431","width":"1080","height":"3624"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017542316","isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9016656925,"gmtCreate":1649197058214,"gmtModify":1676534465533,"author":{"id":"3586036183115498","authorId":"3586036183115498","name":"QSL","avatar":"https://static.tigerbbs.com/bb5d27e2d0cb86c5c558fecd085ec01e","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3586036183115498","authorIdStr":"3586036183115498"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/UMC\">$United Microelectronics(UMC)$</a>bad","listText":"<a href=\"https://ttm.financial/S/UMC\">$United Microelectronics(UMC)$</a>bad","text":"$United Microelectronics(UMC)$bad","images":[{"img":"https://community-static.tradeup.com/news/361bb4727d87cf72f24e2dedae39e9e6","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":1,"link":"https://ttm.financial/post/9016656925","isVote":1,"tweetType":1,"viewCount":669,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9035258658,"gmtCreate":1647615469607,"gmtModify":1676534251222,"author":{"id":"3586036183115498","authorId":"3586036183115498","name":"QSL","avatar":"https://static.tigerbbs.com/bb5d27e2d0cb86c5c558fecd085ec01e","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3586036183115498","authorIdStr":"3586036183115498"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9035258658","repostId":"1155765660","repostType":4,"repost":{"id":"1155765660","pubTimestamp":1647613515,"share":"https://ttm.financial/m/news/1155765660?lang=&edition=fundamental","pubTime":"2022-03-18 22:25","market":"other","language":"en","title":"Stock Traders Endure a $3.5 Trillion Triple Witching Event","url":"https://stock-news.laohu8.com/highlight/detail?id=1155765660","media":"bloomberg","summary":"(Bloomberg) -- Wall Street traders are enduring fresh equity-market fireworks Friday after another w","content":"<html><head></head><body><p>(Bloomberg) -- Wall Street traders are enduring fresh equity-market fireworks Friday after another week of global turbulence.</p><p>Stock transactions spiked at the open as the expiry of stock and index options collided with that of index futures in a quarterly event known as triple witching. In the first 15 minutes of trading as the benchmark slipped 0.2%, volume on S&amp;P 500 Index was more than double the average for that time of day over the past 30 sessions.</p><p>Roughly $3.5 trillion of single-stock and index-level options were estimated to expire Friday, according to Goldman Sachs Group Inc. At the same time, more near-the-money options were expected to mature than at any time since 2019.</p><p>And once again, this triple witching is coinciding with a rebalancing of benchmark indexes including the S&amp;P 500 -- a combination that tends to spark single-day volumes that rank among the highest of the year. According to an estimate from Howard Silverblatt, senior index analyst at S&amp;P Dow Jones Indices, the rebalance in the index alone could spur $33 billion of stock trades.</p><p>Friday’s session landed just as the S&amp;P 500 regained its footing with a three-day jump, buoyed by the Federal Reserve’s optimism the economy can withstand rate hikes and China’s promise to bolster its financial markets. But in the telling of derivatives pros, the recent rally was fueled by dealers covering short positions to balance exposures while demand for stock hedges was elevated.</p><p>Now as many contracts expire, the key question is whether investors will rebuild their holdings of protective puts amid growth concerns and the war in Ukraine -- or will they chase the market rebound with call contracts.</p><p>“I’ve never seen an environment where you’ve had so many potential overhangs in the market that can not be controlled,” said David Wagner, a portfolio manager at Aptus Capital Advisors. “We’ll see if people can see to redeploy their puts.”</p><p>The S&amp;P 500 climbed almost 6% over previous three sessions in the best rally since 2020, as the likes of Marko Kolanovic at JPMorgan Chase &amp; Co. urged investors to go all-in.</p><p>Exploding derivatives volume has been a fixture of the post-pandemic market -- whipsawing underlying stocks in both directions, again and again. To strategists including Charlie McElligott at Nomura Holdings, the recent advance in the S&amp;P 500 was again amplified by the hedging activity of market-makers.</p><p>It’s a complicated process, but it works roughly like this: When a dealer sells a put option, it’s essentially taking a bet on the underlying asset to go up. To offset this unwanted directional risk, the market-maker typically sells some of the asset to maintain a neutral position. When the put options expire or get exercised, it will reverse those hedging moves -- potentially creating a tailwind for the asset.</p><p>Another factor involving dealers is their current “short gamma” or “short delta” position that requires them to go with prevailing market trends: Buy stocks when they go up and sell when they fall.</p><p>At the start of the week, their exposure on S&amp;P 500 products sat at a level near the maximum “short gamma” relative to history, according to estimates by McElligott, a cross-asset strategist at Nomura. Three days later, that turned into “zero gamma.” Along the way, dealers were forced to buy back stocks and close their short positions.</p><p>With market sentiment weak and institutional-fund exposure to equities near mutliyear lows, caution in the derivatives market is everywhere. The 20-day average of the Cboe put-call ratio for equities, for example, hovers near a two-year high.</p><p>“We see a general trend of continued risk aversion among investors, and expectations that the stock market remains volatile,” said Steve Sears, president at Options Solutions. “There are so many major events that could change the market’s tempo that hedging and patient fortitude appears to be the message from the options market.”</p><p>Options either far out of money or in the money receive less attention on Wall Street around expiration dates. Now with an unusually large number of S&amp;P 500 contracts sitting close to the spot price this time round, trading activity on Friday looked set to be more frenetic than usual, according to Goldman strategist Rocky Fishman.</p><p>“The most interesting is options that are near the money, since as we approach expiration, there’s uncertainty about whether or not they end up in the money,” he said. “That uncertainty can lead investors to actively trade around those positions.”</p></body></html>","source":"lsy1612507957220","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>Stock Traders Endure a $3.5 Trillion Triple Witching Event</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\">\nStock Traders Endure a $3.5 Trillion Triple Witching Event\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-18 22:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stock-traders-brace-3-5-221951795.html><strong>bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Wall Street traders are enduring fresh equity-market fireworks Friday after another week of global turbulence.Stock transactions spiked at the open as the expiry of stock and index ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stock-traders-brace-3-5-221951795.html\">Web Link</a>\n\n</div>\n\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"},"source_url":"https://finance.yahoo.com/news/stock-traders-brace-3-5-221951795.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155765660","content_text":"(Bloomberg) -- Wall Street traders are enduring fresh equity-market fireworks Friday after another week of global turbulence.Stock transactions spiked at the open as the expiry of stock and index options collided with that of index futures in a quarterly event known as triple witching. In the first 15 minutes of trading as the benchmark slipped 0.2%, volume on S&P 500 Index was more than double the average for that time of day over the past 30 sessions.Roughly $3.5 trillion of single-stock and index-level options were estimated to expire Friday, according to Goldman Sachs Group Inc. At the same time, more near-the-money options were expected to mature than at any time since 2019.And once again, this triple witching is coinciding with a rebalancing of benchmark indexes including the S&P 500 -- a combination that tends to spark single-day volumes that rank among the highest of the year. According to an estimate from Howard Silverblatt, senior index analyst at S&P Dow Jones Indices, the rebalance in the index alone could spur $33 billion of stock trades.Friday’s session landed just as the S&P 500 regained its footing with a three-day jump, buoyed by the Federal Reserve’s optimism the economy can withstand rate hikes and China’s promise to bolster its financial markets. But in the telling of derivatives pros, the recent rally was fueled by dealers covering short positions to balance exposures while demand for stock hedges was elevated.Now as many contracts expire, the key question is whether investors will rebuild their holdings of protective puts amid growth concerns and the war in Ukraine -- or will they chase the market rebound with call contracts.“I’ve never seen an environment where you’ve had so many potential overhangs in the market that can not be controlled,” said David Wagner, a portfolio manager at Aptus Capital Advisors. “We’ll see if people can see to redeploy their puts.”The S&P 500 climbed almost 6% over previous three sessions in the best rally since 2020, as the likes of Marko Kolanovic at JPMorgan Chase & Co. urged investors to go all-in.Exploding derivatives volume has been a fixture of the post-pandemic market -- whipsawing underlying stocks in both directions, again and again. To strategists including Charlie McElligott at Nomura Holdings, the recent advance in the S&P 500 was again amplified by the hedging activity of market-makers.It’s a complicated process, but it works roughly like this: When a dealer sells a put option, it’s essentially taking a bet on the underlying asset to go up. To offset this unwanted directional risk, the market-maker typically sells some of the asset to maintain a neutral position. When the put options expire or get exercised, it will reverse those hedging moves -- potentially creating a tailwind for the asset.Another factor involving dealers is their current “short gamma” or “short delta” position that requires them to go with prevailing market trends: Buy stocks when they go up and sell when they fall.At the start of the week, their exposure on S&P 500 products sat at a level near the maximum “short gamma” relative to history, according to estimates by McElligott, a cross-asset strategist at Nomura. Three days later, that turned into “zero gamma.” Along the way, dealers were forced to buy back stocks and close their short positions.With market sentiment weak and institutional-fund exposure to equities near mutliyear lows, caution in the derivatives market is everywhere. The 20-day average of the Cboe put-call ratio for equities, for example, hovers near a two-year high.“We see a general trend of continued risk aversion among investors, and expectations that the stock market remains volatile,” said Steve Sears, president at Options Solutions. “There are so many major events that could change the market’s tempo that hedging and patient fortitude appears to be the message from the options market.”Options either far out of money or in the money receive less attention on Wall Street around expiration dates. Now with an unusually large number of S&P 500 contracts sitting close to the spot price this time round, trading activity on Friday looked set to be more frenetic than usual, according to Goldman strategist Rocky Fishman.“The most interesting is options that are near the money, since as we approach expiration, there’s uncertainty about whether or not they end up in the money,” he said. “That uncertainty can lead investors to actively trade around those positions.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9062803099,"gmtCreate":1652048099311,"gmtModify":1676535016570,"author":{"id":"3586036183115498","authorId":"3586036183115498","name":"QSL","avatar":"https://static.tigerbbs.com/bb5d27e2d0cb86c5c558fecd085ec01e","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3586036183115498","authorIdStr":"3586036183115498"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/E28.SI\">$FRENCKEN GROUP LIMITED(E28.SI)$</a>buy more","listText":"<a href=\"https://ttm.financial/S/E28.SI\">$FRENCKEN GROUP LIMITED(E28.SI)$</a>buy more","text":"$FRENCKEN GROUP LIMITED(E28.SI)$buy more","images":[{"img":"https://community-static.tradeup.com/news/5ac2502cb7fa0172db90c1fb98f751ab","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9062803099","isVote":1,"tweetType":1,"viewCount":177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9005370415,"gmtCreate":1642199113997,"gmtModify":1676533690652,"author":{"id":"3586036183115498","authorId":"3586036183115498","name":"QSL","avatar":"https://static.tigerbbs.com/bb5d27e2d0cb86c5c558fecd085ec01e","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3586036183115498","authorIdStr":"3586036183115498"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9005370415","repostId":"1165451504","repostType":4,"repost":{"id":"1165451504","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":1642174174,"share":"https://ttm.financial/m/news/1165451504?lang=&edition=fundamental","pubTime":"2022-01-14 23:29","market":"us","language":"en","title":"Semiconductor stocks jumped in morning trading, with Marvell Technology and TSM rising over 3%","url":"https://stock-news.laohu8.com/highlight/detail?id=1165451504","media":"Tiger Newspress","summary":"Semiconductor stocks jumped in morning trading, with Marvell Technology and TSM rising over 3%.","content":"<html><head></head><body><p>Semiconductor stocks jumped in morning trading, with Marvell Technology and TSM rising over 3%.<img src=\"https://static.tigerbbs.com/55f337309d9df997d8c362c38cb65c0c\" tg-width=\"1039\" tg-height=\"637\" referrerpolicy=\"no-referrer\"/><img src=\"https://static.tigerbbs.com/1111fedd2c1626a71dcfd86e7480cc61\" tg-width=\"1026\" tg-height=\"635\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Semiconductor stocks jumped in morning trading, with Marvell Technology and TSM rising over 3%</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\">\nSemiconductor stocks jumped in morning trading, with Marvell Technology and TSM rising over 3%\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\">2022-01-14 23:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Semiconductor stocks jumped in morning trading, with Marvell Technology and TSM rising over 3%.<img src=\"https://static.tigerbbs.com/55f337309d9df997d8c362c38cb65c0c\" tg-width=\"1039\" tg-height=\"637\" referrerpolicy=\"no-referrer\"/><img src=\"https://static.tigerbbs.com/1111fedd2c1626a71dcfd86e7480cc61\" tg-width=\"1026\" tg-height=\"635\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电","MRVL":"迈威尔科技","QCOM":"高通"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165451504","content_text":"Semiconductor stocks jumped in morning trading, with Marvell Technology and TSM rising over 3%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":138,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3571345352614779","authorId":"3571345352614779","name":"xiaobaii","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"idStr":"3571345352614779","authorIdStr":"3571345352614779"},"content":"like & comment please","text":"like & comment please","html":"like & comment please"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":805342968,"gmtCreate":1627863003354,"gmtModify":1703496638373,"author":{"id":"3586036183115498","authorId":"3586036183115498","name":"QSL","avatar":"https://static.tigerbbs.com/bb5d27e2d0cb86c5c558fecd085ec01e","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3586036183115498","authorIdStr":"3586036183115498"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/F13.SI\">$FU YU CORPORATION LTD(F13.SI)$</a>Good dividend stock","listText":"<a href=\"https://laohu8.com/S/F13.SI\">$FU YU CORPORATION LTD(F13.SI)$</a>Good dividend stock","text":"$FU YU CORPORATION LTD(F13.SI)$Good dividend stock","images":[{"img":"https://static.tigerbbs.com/256e459e3f25b7b210feb65c9cafbe99","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/805342968","isVote":1,"tweetType":1,"viewCount":208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":158058930,"gmtCreate":1625115647620,"gmtModify":1703736479484,"author":{"id":"3586036183115498","authorId":"3586036183115498","name":"QSL","avatar":"https://static.tigerbbs.com/bb5d27e2d0cb86c5c558fecd085ec01e","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3586036183115498","authorIdStr":"3586036183115498"},"themes":[],"htmlText":"True. Can get caught at dividend counters.&nbsp;","listText":"True. Can get caught at dividend counters.&nbsp;","text":"True. Can get caught at dividend counters.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/158058930","repostId":"1198389317","repostType":4,"repost":{"id":"1198389317","pubTimestamp":1625106905,"share":"https://ttm.financial/m/news/1198389317?lang=&edition=fundamental","pubTime":"2021-07-01 10:35","market":"us","language":"en","title":"2 Myths Setting You Up For Failure","url":"https://stock-news.laohu8.com/highlight/detail?id=1198389317","media":"seekingalpha","summary":"Summary\n\nMyths are widely held beliefs that are not founded in reality.\nThey sound convincing, but r","content":"<p><b>Summary</b></p>\n<ul>\n <li>Myths are widely held beliefs that are not founded in reality.</li>\n <li>They sound convincing, but really don't make sense.</li>\n <li>Today we knock the shine off two of them for your benefit.</li>\n</ul>\n<p>Have you ever had a moment where your expectations didn't meet reality? Perhaps you went to see a movie in theaters, and it didn't live up to the hype of the trailers or your friends rave reviews. Or, perhaps the Michelin Star restaurant was not nearly as good as you thought it would be.</p>\n<p>When we have high expectations, and those expectations are not reached, it leads to discouragement and disillusionment.</p>\n<p>Having proper expectations can allow us to enjoy more in life. It can also enable us to see the path we are walking more clearly. Little in life is as amazing or horrible as others describe.</p>\n<p>When it comes to investing and saving for retirement, we need to have proper expectations. Otherwise, we may get disillusioned and lost along the way. False expectations or beliefs regarding investing hold us back from succeeding. False expectations can cause us to be overconfident in some investments, or to pass up on great opportunities.</p>\n<p>There are numerous myths that many simply accept without question. These myths could be costing you money! So let's hit head-on two myths that continue to circulate in investing and retirement circles!</p>\n<p><b>Just Buy Dividend Aristocrats!</b></p>\n<p>I hear this a lot, especially in dividend investment circles. Many are looking for a low-effort low-risk approach to getting income from the market. Dividend Aristocrats have extremely long histories of raising their dividends, through all sorts of market conditions.</p>\n<p>Yet just because a yield is low, or has a strong history of being raised, does not mean it will survive long term. Through the Great Financial Crisis, starting in 2008, 36% of all Dividend Aristocrats were removed from the list within two years. Within five years, about 50% ended up being removed from the list. This was due to cutting, suspending, or not raising their dividend. That's a lot of pain for investors focused solely on investing in this \"safe haven.\"</p>\n<p>This myth is founded on the incorrect belief that low yields that are growing are inherently less risky. Time and again, this belief has fallen flat in the face of reality. 50% of Dividend Aristocrats lost their 25-year streaks of dividend raises. For a Dividend Aristocrat, where many investors buy primarily because of their flawless history, a cut or even just the lack of a raise can have an outsized impact.</p>\n<p>The reality is that at times, great companies will cut their dividend to ensure long-term benefit for shareholders. Income investors might hate dividend cuts, but sometimes a cut is what is best for the future of the company. Dividend Aristocrats are not immune from that reality. Yet you will pay a huge premium for most aristocrats, when you can invest in a company that might have cut one, but will still grow its dividend over time.</p>\n<p>Take Global Partners LP (GLP), which sports a 9% yield, as an example. When COVID-19 hit, management cut the distribution to protect the company and benefit unitholders in the long term. Since then, GLP has rapidly raised its distribution to levels above what was paid pre-COVID.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eb2de5e63c647b292429f7aa2964c02d\" tg-width=\"635\" tg-height=\"371\" referrerpolicy=\"no-referrer\"><span>Data byYCharts</span></p>\n<p>One should never blindly trust a company's dividend raising streak or its low yield as the sole safety indicators. GLP had a high yield before COVID, and did have to cut the dividend during the crisis. However, its strong business model allowed it to recover quickly and a year later the dividend is higher than ever.</p>\n<p>This myth causes many investors or retirees to hold low yield, low growth names with long track records of raises, all while missing out on vastly higher income levels.</p>\n<p>Cuts happen for various reasons, especially during periods of economic turmoil like the Great Financial Crisis or COVID. You can protect yourself by having a higher degree of diversification in your portfolio and avoid panic if a company you hold takes proactive measures to benefit you long term!</p>\n<p><b>SWAN Stocks Don't Need Attention</b></p>\n<p>The moniker SWAN, standing for Sleep Well At Night, is highly misleading. It seems everything under the sun gets described as a SWAN, or SUPER SWAN, or MEGA AWESOME ONCE A DECADE SWAN! Yet investors, especially those who just survived 2020's volatility, know that even so-called SWAN stocks require monitoring.</p>\n<p>The High Dividend Opportunities Model Portfolio is actively managed. We adjust our portfolio for risks on the horizon. No single stock is immune to every market condition or economic/political risk. The illusion that the stock is a SWAN because a trusted advisor or internet guru told you so leads many to losses from being too hands-off with their portfolio.</p>\n<p>Some of the most famous melt-downs were stocks that were once considered \"SWANs\" like Enron, WorldCom, GE, and others. The \"SWANs\" today are not the same as SWANs were 30 years ago.</p>\n<p>Retirees need a low-maintenance portfolio, but that does not mean you can be asleep at the wheel!</p>\n<p>Half of the battle when it comes to investing is keeping an eye on the horizon—watching market movements, geopolitical actions, and government plans. I provide weekly updates to HDO members regarding the risks on the horizon, and we make moves to adjust for them coming.</p>\n<p>Likewise, while retirees may hold SWAN stocks, they must still be engaged with the world around them to be positioned to survive and thrive in the coming environments.</p>\n<p>When a bad storm is raging at sea, a strong ship can withstand the storm, but an unexpected wave can capsize even a strong ship. These waves are called rogue waves, often twice the size of normal storm waves and often moving in a direction different from the prevailing winds. These rogue waves have the ability to capsize strong, able vessels if they catch them off-guard.</p>\n<p>We must have protections to watch for rogue waves when the storms of life and the market rise. We cannot simply believe our SWANs will keep us safe in all conditions.</p>\n<p>Shedding these incorrect expectations, you can approach the market with the right mindset. By slaying these myths, you can ensure you are ready to craft and maintain your retirement portfolio.</p>\n<p>We must move beyond the desire to be lazy and simply buy from a specific dividend payer list. These payers may have outstanding payment histories, but this does not guarantee future success.</p>\n<p>Furthermore, we must remain active in our portfolio, or at the very least to keep an eye to safeguard it. Stocks that are \"SWANs\" today will always be at risk of not being a \"SWAN\" tomorrow.</p>\n<p>Worse, restricting ourselves to lists like this removes a vast array of excellent income-producing opportunities that do not trade at such large premiums.</p>\n<p>Retirement is supposed to the capstone to our lifetimes. A time we spend in ease and relaxation. We have toiled hard and worked diligently to earn the last years of our life in leisure and enjoyment. The last thing we want is to derail our progress towards this goal with faulty thinking and misplaced expectations.</p>\n<p>You can slay these myths and unlock more value from your portfolio than ever before! I believe in you. You got this.</p>","source":"seekingalpha","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>2 Myths Setting You Up For Failure</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\">\n2 Myths Setting You Up For Failure\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 10:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4437048-2-myths-setting-you-up-for-failure><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nMyths are widely held beliefs that are not founded in reality.\nThey sound convincing, but really don't make sense.\nToday we knock the shine off two of them for your benefit.\n\nHave you ever ...</p>\n\n<a href=\"https://seekingalpha.com/article/4437048-2-myths-setting-you-up-for-failure\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","GE":"GE航空航天","IRIDQ":"Iridium World Communications Ltd.","GLP":"全球合伙"},"source_url":"https://seekingalpha.com/article/4437048-2-myths-setting-you-up-for-failure","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1198389317","content_text":"Summary\n\nMyths are widely held beliefs that are not founded in reality.\nThey sound convincing, but really don't make sense.\nToday we knock the shine off two of them for your benefit.\n\nHave you ever had a moment where your expectations didn't meet reality? Perhaps you went to see a movie in theaters, and it didn't live up to the hype of the trailers or your friends rave reviews. Or, perhaps the Michelin Star restaurant was not nearly as good as you thought it would be.\nWhen we have high expectations, and those expectations are not reached, it leads to discouragement and disillusionment.\nHaving proper expectations can allow us to enjoy more in life. It can also enable us to see the path we are walking more clearly. Little in life is as amazing or horrible as others describe.\nWhen it comes to investing and saving for retirement, we need to have proper expectations. Otherwise, we may get disillusioned and lost along the way. False expectations or beliefs regarding investing hold us back from succeeding. False expectations can cause us to be overconfident in some investments, or to pass up on great opportunities.\nThere are numerous myths that many simply accept without question. These myths could be costing you money! So let's hit head-on two myths that continue to circulate in investing and retirement circles!\nJust Buy Dividend Aristocrats!\nI hear this a lot, especially in dividend investment circles. Many are looking for a low-effort low-risk approach to getting income from the market. Dividend Aristocrats have extremely long histories of raising their dividends, through all sorts of market conditions.\nYet just because a yield is low, or has a strong history of being raised, does not mean it will survive long term. Through the Great Financial Crisis, starting in 2008, 36% of all Dividend Aristocrats were removed from the list within two years. Within five years, about 50% ended up being removed from the list. This was due to cutting, suspending, or not raising their dividend. That's a lot of pain for investors focused solely on investing in this \"safe haven.\"\nThis myth is founded on the incorrect belief that low yields that are growing are inherently less risky. Time and again, this belief has fallen flat in the face of reality. 50% of Dividend Aristocrats lost their 25-year streaks of dividend raises. For a Dividend Aristocrat, where many investors buy primarily because of their flawless history, a cut or even just the lack of a raise can have an outsized impact.\nThe reality is that at times, great companies will cut their dividend to ensure long-term benefit for shareholders. Income investors might hate dividend cuts, but sometimes a cut is what is best for the future of the company. Dividend Aristocrats are not immune from that reality. Yet you will pay a huge premium for most aristocrats, when you can invest in a company that might have cut one, but will still grow its dividend over time.\nTake Global Partners LP (GLP), which sports a 9% yield, as an example. When COVID-19 hit, management cut the distribution to protect the company and benefit unitholders in the long term. Since then, GLP has rapidly raised its distribution to levels above what was paid pre-COVID.\nData byYCharts\nOne should never blindly trust a company's dividend raising streak or its low yield as the sole safety indicators. GLP had a high yield before COVID, and did have to cut the dividend during the crisis. However, its strong business model allowed it to recover quickly and a year later the dividend is higher than ever.\nThis myth causes many investors or retirees to hold low yield, low growth names with long track records of raises, all while missing out on vastly higher income levels.\nCuts happen for various reasons, especially during periods of economic turmoil like the Great Financial Crisis or COVID. You can protect yourself by having a higher degree of diversification in your portfolio and avoid panic if a company you hold takes proactive measures to benefit you long term!\nSWAN Stocks Don't Need Attention\nThe moniker SWAN, standing for Sleep Well At Night, is highly misleading. It seems everything under the sun gets described as a SWAN, or SUPER SWAN, or MEGA AWESOME ONCE A DECADE SWAN! Yet investors, especially those who just survived 2020's volatility, know that even so-called SWAN stocks require monitoring.\nThe High Dividend Opportunities Model Portfolio is actively managed. We adjust our portfolio for risks on the horizon. No single stock is immune to every market condition or economic/political risk. The illusion that the stock is a SWAN because a trusted advisor or internet guru told you so leads many to losses from being too hands-off with their portfolio.\nSome of the most famous melt-downs were stocks that were once considered \"SWANs\" like Enron, WorldCom, GE, and others. The \"SWANs\" today are not the same as SWANs were 30 years ago.\nRetirees need a low-maintenance portfolio, but that does not mean you can be asleep at the wheel!\nHalf of the battle when it comes to investing is keeping an eye on the horizon—watching market movements, geopolitical actions, and government plans. I provide weekly updates to HDO members regarding the risks on the horizon, and we make moves to adjust for them coming.\nLikewise, while retirees may hold SWAN stocks, they must still be engaged with the world around them to be positioned to survive and thrive in the coming environments.\nWhen a bad storm is raging at sea, a strong ship can withstand the storm, but an unexpected wave can capsize even a strong ship. These waves are called rogue waves, often twice the size of normal storm waves and often moving in a direction different from the prevailing winds. These rogue waves have the ability to capsize strong, able vessels if they catch them off-guard.\nWe must have protections to watch for rogue waves when the storms of life and the market rise. We cannot simply believe our SWANs will keep us safe in all conditions.\nShedding these incorrect expectations, you can approach the market with the right mindset. By slaying these myths, you can ensure you are ready to craft and maintain your retirement portfolio.\nWe must move beyond the desire to be lazy and simply buy from a specific dividend payer list. These payers may have outstanding payment histories, but this does not guarantee future success.\nFurthermore, we must remain active in our portfolio, or at the very least to keep an eye to safeguard it. Stocks that are \"SWANs\" today will always be at risk of not being a \"SWAN\" tomorrow.\nWorse, restricting ourselves to lists like this removes a vast array of excellent income-producing opportunities that do not trade at such large premiums.\nRetirement is supposed to the capstone to our lifetimes. A time we spend in ease and relaxation. We have toiled hard and worked diligently to earn the last years of our life in leisure and enjoyment. The last thing we want is to derail our progress towards this goal with faulty thinking and misplaced expectations.\nYou can slay these myths and unlock more value from your portfolio than ever before! I believe in you. 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