xfeisno personal page - To The Moon

xfeisno

xfeisno

Profile：I want coin

8Follow

0Followers

0Topic

0Badge

2021-07-22

Lel only from the free apple share

2021-07-22

Quirky headline

Sorry, the original content has been removed

2021-07-21

Maybe. Seems like the economy is separating even more from reality

What If This Is The Economic End-Cycle

2021-07-21

I wonder if ARK is one hit wonder

ARK Buys Another 310,000 Grayscale Bitcoin Trust Shares On Dip

2021-07-21

To be honest I'm more of a hold long-term kind of person, there are better things to do with my time.

AMC to reopen two of the top-grossing movie theaters in Los Angeles

2021-07-17

Need other ways of passive income

Investors Feel Almost No Risk Of Long-Term U.S. Stock Market Downside

2021-07-17

Chill la bro

It's Game Over for AMC, but These Stocks Can Still Go to the Moon

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":4089434840588950,"uuid":"4089434840588950","gmtCreate":1626333023648,"gmtModify":1626487390993,"name":"xfeisno","pinyin":"xfeisno","introduction":"","introductionEn":null,"signature":"I want coin","avatar":"https://static.tigerbbs.com/8b481244c3131486ab9735aac682e598","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":0,"headSize":8,"tweetSize":7,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"init","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.04.28","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":3,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":176211678,"gmtCreate":1626886602694,"gmtModify":1703480030361,"author":{"id":"4089434840588950","authorId":"4089434840588950","name":"xfeisno","avatar":"https://static.tigerbbs.com/8b481244c3131486ab9735aac682e598","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Lel only from the free apple share","listText":"Lel only from the free apple share","text":"Lel only from the free apple share","images":[{"img":"https://static.tigerbbs.com/4640012fbc79038fb5dc65eb32ebfda6","width":"1440","height":"2560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176211678","isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":176236195,"gmtCreate":1626885600917,"gmtModify":1703480017455,"author":{"id":"4089434840588950","authorId":"4089434840588950","name":"xfeisno","avatar":"https://static.tigerbbs.com/8b481244c3131486ab9735aac682e598","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Quirky headline","listText":"Quirky headline","text":"Quirky headline","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176236195","repostId":"1148130964","repostType":4,"isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178857229,"gmtCreate":1626800453461,"gmtModify":1703765520390,"author":{"id":"4089434840588950","authorId":"4089434840588950","name":"xfeisno","avatar":"https://static.tigerbbs.com/8b481244c3131486ab9735aac682e598","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Maybe. Seems like the economy is separating even more from reality","listText":"Maybe. Seems like the economy is separating even more from reality","text":"Maybe. Seems like the economy is separating even more from reality","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/178857229","repostId":"1184882386","repostType":4,"repost":{"id":"1184882386","pubTimestamp":1626790245,"share":"https://www.laohu8.com/m/news/1184882386?lang=&edition=full","pubTime":"2021-07-20 22:10","market":"us","language":"en","title":"What If This Is The Economic End-Cycle","url":"https://stock-news.laohu8.com/highlight/detail?id=1184882386","media":"zerohedge","summary":"A few months ago, Morgan Stanley's chief equity strategist Michael Wilson, who also recently emerged","content":"<p>A few months ago, Morgan Stanley's chief equity strategist Michael Wilson, who also recently emerged as the biggest Wall Street bear warning that the \"rolling corrections\" in themarket presage a 10-20% drop in stocks, summarized the current economic state simply as \"mid cycle\"...</p>\n<p><img src=\"https://static.tigerbbs.com/d95f296e4d1300cd3c95485a2333d270\" tg-width=\"906\" tg-height=\"571\" width=\"100%\" height=\"auto\">... which of course is the best place to be, as the initial euphoric surge higher in stocks tapers to a slow and steady grind as the economy chugs along at a modest pace.</p>\n<p>But what if he is wrong? After all, yesterday the NBER determined that the covid recession - at just 2 months - was the fastest on record (even as 14 million Americans are out of a job and still collect unemployment benefits) and we are already well into the mid cycle, if not approaching the end.</p>\n<p><img src=\"https://static.tigerbbs.com/e47d11bc07779a51cede0a73e7ddf627\" tg-width=\"971\" tg-height=\"562\" width=\"100%\" height=\"auto\">Also it is none other than Wilson's own employer Morgan Stanley, which has also said recently that this cycle will be \"<b>hotter but shorter</b>\" than usual.</p>\n<p><img src=\"https://static.tigerbbs.com/41879c4f66b33597ee236bdd52841004\" tg-width=\"904\" tg-height=\"490\" width=\"100%\" height=\"auto\"></p>\n<p>Does it not stand to reason then, that the economic cycle is now so truncated - courtesy of $30 trillion in global stimulus - that we have blasted right through the midcycle phase and are now nearing the end?</p>\n<p>That is the question Deutsche Bank's credit strategist Jim Reid asked overnight, when he described this recovery as \"undoubtedly the most unusual in history with many sectors of the economy already running ahead of their pre-recession trend\" even though several serviced based ones are still well behind though. More importantly, according to Reid and DB economists,<i>the output and employment gap will likely close in the next couple of quarters which will be the quickest for both in observable economic history.</i></p>\n<p>Reid then takes a look at where real GDP, nominal GDP, CPI, unemployment, retail sales, equities, household wealth, housing, treasuries and commodities are against all other recoveries for most variables goes back over 100 years. The chart below shows real GDP and as Reid explains, \"for most of these, this current post covid recovery is near the top\"<b>making this recovery neck and neck with the fastest post-WWII expansion.</b></p>\n<p><img src=\"https://static.tigerbbs.com/48279d702e3f7b92c743f063b26661ad\" tg-width=\"868\" tg-height=\"411\" width=\"100%\" height=\"auto\">As Reid puts it, \"clearly this cycle saw a big drawdown due to the pandemic but so did the GFC and its notable that the post-GFC recovery was around the weakest at the same stage\" which begs the question: \"should this be seen as the start of a new cycle or a continuation of the last cycle after a period of covid related hibernation?<b>The answer to this will give us clues as to how long this cycle lasts, future Fed activity, and on the inflationary consequences of the current strong rebound.\"</b></p>","source":"lsy1583725640930","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 If This Is The Economic End-Cycle</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 If This Is The Economic End-Cycle\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-20 22:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/what-if-economic-end-cycle><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A few months ago, Morgan Stanley's chief equity strategist Michael Wilson, who also recently emerged as the biggest Wall Street bear warning that the \"rolling corrections\" in themarket presage a 10-...</p>\n\n<a href=\"https://www.zerohedge.com/markets/what-if-economic-end-cycle\">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","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/what-if-economic-end-cycle","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184882386","content_text":"A few months ago, Morgan Stanley's chief equity strategist Michael Wilson, who also recently emerged as the biggest Wall Street bear warning that the \"rolling corrections\" in themarket presage a 10-20% drop in stocks, summarized the current economic state simply as \"mid cycle\"...\n... which of course is the best place to be, as the initial euphoric surge higher in stocks tapers to a slow and steady grind as the economy chugs along at a modest pace.\nBut what if he is wrong? After all, yesterday the NBER determined that the covid recession - at just 2 months - was the fastest on record (even as 14 million Americans are out of a job and still collect unemployment benefits) and we are already well into the mid cycle, if not approaching the end.\nAlso it is none other than Wilson's own employer Morgan Stanley, which has also said recently that this cycle will be \"hotter but shorter\" than usual.\n\nDoes it not stand to reason then, that the economic cycle is now so truncated - courtesy of $30 trillion in global stimulus - that we have blasted right through the midcycle phase and are now nearing the end?\nThat is the question Deutsche Bank's credit strategist Jim Reid asked overnight, when he described this recovery as \"undoubtedly the most unusual in history with many sectors of the economy already running ahead of their pre-recession trend\" even though several serviced based ones are still well behind though. More importantly, according to Reid and DB economists,the output and employment gap will likely close in the next couple of quarters which will be the quickest for both in observable economic history.\nReid then takes a look at where real GDP, nominal GDP, CPI, unemployment, retail sales, equities, household wealth, housing, treasuries and commodities are against all other recoveries for most variables goes back over 100 years. The chart below shows real GDP and as Reid explains, \"for most of these, this current post covid recovery is near the top\"making this recovery neck and neck with the fastest post-WWII expansion.\nAs Reid puts it, \"clearly this cycle saw a big drawdown due to the pandemic but so did the GFC and its notable that the post-GFC recovery was around the weakest at the same stage\" which begs the question: \"should this be seen as the start of a new cycle or a continuation of the last cycle after a period of covid related hibernation?The answer to this will give us clues as to how long this cycle lasts, future Fed activity, and on the inflationary consequences of the current strong rebound.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178855437,"gmtCreate":1626800152729,"gmtModify":1703765518285,"author":{"id":"4089434840588950","authorId":"4089434840588950","name":"xfeisno","avatar":"https://static.tigerbbs.com/8b481244c3131486ab9735aac682e598","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"I wonder if ARK is one hit wonder","listText":"I wonder if ARK is one hit wonder","text":"I wonder if ARK is one hit wonder","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/178855437","repostId":"1131848465","repostType":4,"repost":{"id":"1131848465","pubTimestamp":1626792900,"share":"https://www.laohu8.com/m/news/1131848465?lang=&edition=full","pubTime":"2021-07-20 22:55","market":"us","language":"en","title":"ARK Buys Another 310,000 Grayscale Bitcoin Trust Shares On Dip","url":"https://stock-news.laohu8.com/highlight/detail?id=1131848465","media":"The Street","summary":"In addition to Grayscale Bitcoin Trust shares, ARK added another 71,877 shares of Coinbase across tw","content":"<blockquote>\n In addition to Grayscale Bitcoin Trust shares, ARK added another 71,877 shares of Coinbase across two ETFs.\n</blockquote>\n<p>According to asubscriptionto the firm's trade activity, Cathie Wood's ARK Invest purchased an additional 310,067 shares of the Grayscale Bitcoin Trust (GBTC) yesterday. The shares were worth approximately $7.8 million at the time of purchase.</p>\n<p>ARK used its ARKW ETF to purchase the shares, adding 310,067 shares to its existing 8,845,921 holdings, bringing the weighting of GBTC in the ETF to just over 4.1%.</p>\n<p><img src=\"https://static.tigerbbs.com/482fcf3d71c1895d7d08452179bcd8af\" tg-width=\"700\" tg-height=\"803\" width=\"100%\" height=\"auto\">ARK also added another&nbsp;71,877 Coinbase (COIN) shares across its ARKF and ARKW ETFs, showing a continued and ever-growing position in crypto-related assets. In the last few weeks, the company has beencontinuouslybuying more andmoreCoinbase shares as prices have fallen.</p>\n<p>On Friday it wasrevealedthat the company had added $53.6 million worth of Square (SQ) shares across a couple of ETFs just after Jack Dorseyannouncedthat Square would make a division dedicated to developing DeFi on Bitcoin.</p>\n<p>ARK has shown immense levels of confidence in the cryptocurrency industry's future by growing its positions as prices have dropped. Should prices begin to climb again, these holdings acquired at such low levels would have a tremendous payoff.</p>\n<p><i>This story is developing.</i></p>","source":"lsy1610613172068","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>ARK Buys Another 310,000 Grayscale Bitcoin Trust Shares On Dip</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\">\nARK Buys Another 310,000 Grayscale Bitcoin Trust Shares On Dip\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-20 22:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/crypto/bitcoin/ark-buys-huge-amount-of-grayscale-bitcoin-trust-shares-during-dip><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In addition to Grayscale Bitcoin Trust shares, ARK added another 71,877 shares of Coinbase across two ETFs.\n\nAccording to asubscriptionto the firm's trade activity, Cathie Wood's ARK Invest purchased ...</p>\n\n<a href=\"https://www.thestreet.com/crypto/bitcoin/ark-buys-huge-amount-of-grayscale-bitcoin-trust-shares-during-dip\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","ARKG":"ARK Genomic Revolution ETF","ARKX":"ARK Space Exploration & Innovation ETF","ARKK":"ARK Innovation ETF","ARKW":"ARK Next Generation Internation ETF","ARKF":"ARK Fintech Innovation ETF"},"source_url":"https://www.thestreet.com/crypto/bitcoin/ark-buys-huge-amount-of-grayscale-bitcoin-trust-shares-during-dip","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131848465","content_text":"In addition to Grayscale Bitcoin Trust shares, ARK added another 71,877 shares of Coinbase across two ETFs.\n\nAccording to asubscriptionto the firm's trade activity, Cathie Wood's ARK Invest purchased an additional 310,067 shares of the Grayscale Bitcoin Trust (GBTC) yesterday. The shares were worth approximately $7.8 million at the time of purchase.\nARK used its ARKW ETF to purchase the shares, adding 310,067 shares to its existing 8,845,921 holdings, bringing the weighting of GBTC in the ETF to just over 4.1%.\nARK also added another 71,877 Coinbase (COIN) shares across its ARKF and ARKW ETFs, showing a continued and ever-growing position in crypto-related assets. In the last few weeks, the company has beencontinuouslybuying more andmoreCoinbase shares as prices have fallen.\nOn Friday it wasrevealedthat the company had added $53.6 million worth of Square (SQ) shares across a couple of ETFs just after Jack Dorseyannouncedthat Square would make a division dedicated to developing DeFi on Bitcoin.\nARK has shown immense levels of confidence in the cryptocurrency industry's future by growing its positions as prices have dropped. Should prices begin to climb again, these holdings acquired at such low levels would have a tremendous payoff.\nThis story is developing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":365,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178858280,"gmtCreate":1626799918240,"gmtModify":1703765513111,"author":{"id":"4089434840588950","authorId":"4089434840588950","name":"xfeisno","avatar":"https://static.tigerbbs.com/8b481244c3131486ab9735aac682e598","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"To be honest I'm more of a hold long-term kind of person, there are better things to do with my time.","listText":"To be honest I'm more of a hold long-term kind of person, there are better things to do with my time.","text":"To be honest I'm more of a hold long-term kind of person, there are better things to do with my time.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/178858280","repostId":"2152657163","repostType":4,"repost":{"id":"2152657163","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1626795120,"share":"https://www.laohu8.com/m/news/2152657163?lang=&edition=full","pubTime":"2021-07-20 23:32","market":"us","language":"en","title":"AMC to reopen two of the top-grossing movie theaters in Los Angeles","url":"https://stock-news.laohu8.com/highlight/detail?id=2152657163","media":"Dow Jones","summary":"Cinema chain to take over leases for the Grove and the Americana from Pacific Theaters.\n\nAMC jumped ","content":"<blockquote>\n Cinema chain to take over leases for the Grove and the Americana from Pacific Theaters.\n</blockquote>\n<p><b>AMC</b><b>&nbsp;jumped&nbsp;nearly&nbsp;9%&nbsp;in&nbsp;morning&nbsp;trading.</b></p>\n<p><img src=\"https://static.tigerbbs.com/39be46abc677a91e48d845a873557c43\" tg-width=\"824\" tg-height=\"609\" width=\"100%\" height=\"auto\"></p>\n<p>AMC Entertainment Holdings Inc., the world's largest movie-theater chain, is reopening two of the top-grossing theaters in the Los Angeles area, which have been shuttered for more than a year.</p>\n<p>AMC <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a> said Monday it has reached a long-term lease agreement with privately held real-estate company Caruso, which owns the properties, for the 14-screen Grove Theatre in Los Angeles' Grove shopping center and the 18-screen Americana at Brand Theatre in nearby Glendale, Calif.</p>\n<p>The two theaters were previously run by Pacific Theatres, which announced in April that they, along with 15 other Pacific and ArcLight cinemas nationwide, including Hollywood's iconic Cinerama Dome, would not reopen. The theaters have been closed since early 2020 due to the pandemic.</p>\n<p>AMC said the two theaters will reopen to movie-goers in August. Movie theaters are only now starting to recover from the devastating closures; last week, AMC reported its best weekend for attendance in 16 months, adding that eight of the 10 busiest U.S. movie theaters were run by AMC.</p>\n<p>In 2018, the Grove was the second-highest-grossing movie theater in the Los Angeles area, while the Americana ranked fifth, AMC said Monday.</p>\n<p>AMC may not be done, saying it \"remains in active discussions with other property owners regarding additional currently closed locations.\"</p>\n<p>\"The Grove and The Americana at Brand theatres are among the most successful theatres in the greater Los Angeles area,\" AMC Chief Executive Adam Aron said in a statement. \"AMC is proud to be expanding in the movie-making capital of the world.\"</p>\n<p>AMC shares have been volatile in recent months, and have sunk 41% over the past month. Still, AMC is up more than 1,500% year to date, thanks to the meteoric rise by it and other meme stocks earlier this year.</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>AMC to reopen two of the top-grossing movie theaters in Los Angeles</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\">\nAMC to reopen two of the top-grossing movie theaters in Los Angeles\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-20 23:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n Cinema chain to take over leases for the Grove and the Americana from Pacific Theaters.\n</blockquote>\n<p><b>AMC</b><b>&nbsp;jumped&nbsp;nearly&nbsp;9%&nbsp;in&nbsp;morning&nbsp;trading.</b></p>\n<p><img src=\"https://static.tigerbbs.com/39be46abc677a91e48d845a873557c43\" tg-width=\"824\" tg-height=\"609\" width=\"100%\" height=\"auto\"></p>\n<p>AMC Entertainment Holdings Inc., the world's largest movie-theater chain, is reopening two of the top-grossing theaters in the Los Angeles area, which have been shuttered for more than a year.</p>\n<p>AMC <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a> said Monday it has reached a long-term lease agreement with privately held real-estate company Caruso, which owns the properties, for the 14-screen Grove Theatre in Los Angeles' Grove shopping center and the 18-screen Americana at Brand Theatre in nearby Glendale, Calif.</p>\n<p>The two theaters were previously run by Pacific Theatres, which announced in April that they, along with 15 other Pacific and ArcLight cinemas nationwide, including Hollywood's iconic Cinerama Dome, would not reopen. The theaters have been closed since early 2020 due to the pandemic.</p>\n<p>AMC said the two theaters will reopen to movie-goers in August. Movie theaters are only now starting to recover from the devastating closures; last week, AMC reported its best weekend for attendance in 16 months, adding that eight of the 10 busiest U.S. movie theaters were run by AMC.</p>\n<p>In 2018, the Grove was the second-highest-grossing movie theater in the Los Angeles area, while the Americana ranked fifth, AMC said Monday.</p>\n<p>AMC may not be done, saying it \"remains in active discussions with other property owners regarding additional currently closed locations.\"</p>\n<p>\"The Grove and The Americana at Brand theatres are among the most successful theatres in the greater Los Angeles area,\" AMC Chief Executive Adam Aron said in a statement. \"AMC is proud to be expanding in the movie-making capital of the world.\"</p>\n<p>AMC shares have been volatile in recent months, and have sunk 41% over the past month. Still, AMC is up more than 1,500% year to date, thanks to the meteoric rise by it and other meme stocks earlier this year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152657163","content_text":"Cinema chain to take over leases for the Grove and the Americana from Pacific Theaters.\n\nAMC jumped nearly 9% in morning trading.\n\nAMC Entertainment Holdings Inc., the world's largest movie-theater chain, is reopening two of the top-grossing theaters in the Los Angeles area, which have been shuttered for more than a year.\nAMC $(AMC)$ said Monday it has reached a long-term lease agreement with privately held real-estate company Caruso, which owns the properties, for the 14-screen Grove Theatre in Los Angeles' Grove shopping center and the 18-screen Americana at Brand Theatre in nearby Glendale, Calif.\nThe two theaters were previously run by Pacific Theatres, which announced in April that they, along with 15 other Pacific and ArcLight cinemas nationwide, including Hollywood's iconic Cinerama Dome, would not reopen. The theaters have been closed since early 2020 due to the pandemic.\nAMC said the two theaters will reopen to movie-goers in August. Movie theaters are only now starting to recover from the devastating closures; last week, AMC reported its best weekend for attendance in 16 months, adding that eight of the 10 busiest U.S. movie theaters were run by AMC.\nIn 2018, the Grove was the second-highest-grossing movie theater in the Los Angeles area, while the Americana ranked fifth, AMC said Monday.\nAMC may not be done, saying it \"remains in active discussions with other property owners regarding additional currently closed locations.\"\n\"The Grove and The Americana at Brand theatres are among the most successful theatres in the greater Los Angeles area,\" AMC Chief Executive Adam Aron said in a statement. \"AMC is proud to be expanding in the movie-making capital of the world.\"\nAMC shares have been volatile in recent months, and have sunk 41% over the past month. Still, AMC is up more than 1,500% year to date, thanks to the meteoric rise by it and other meme stocks earlier this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":98,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3555261138218608","authorId":"3555261138218608","name":"fabio","avatar":"https://static.tigerbbs.com/8da22244b65eeb511fac3b0633934760","crmLevel":2,"crmLevelSwitch":0},"content":"+1. Agreed","text":"+1. Agreed","html":"+1. Agreed"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170722978,"gmtCreate":1626453527994,"gmtModify":1703760565688,"author":{"id":"4089434840588950","authorId":"4089434840588950","name":"xfeisno","avatar":"https://static.tigerbbs.com/8b481244c3131486ab9735aac682e598","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Need other ways of passive income","listText":"Need other ways of passive income","text":"Need other ways of passive income","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/170722978","repostId":"1171115394","repostType":4,"repost":{"id":"1171115394","pubTimestamp":1626441684,"share":"https://www.laohu8.com/m/news/1171115394?lang=&edition=full","pubTime":"2021-07-16 21:21","market":"us","language":"en","title":"Investors Feel Almost No Risk Of Long-Term U.S. Stock Market Downside","url":"https://stock-news.laohu8.com/highlight/detail?id=1171115394","media":"seekingalpha","summary":"Summary\n\nThe current trailing US EV/EBITDA at 17.2x is very high compared to its 10x average since 1","content":"<p><b>Summary</b></p>\n<ul>\n <li>The current trailing US EV/EBITDA at 17.2x is very high compared to its 10x average since 1990. This gives most value investors pause, but momentum investors are following this trend.</li>\n <li>Any investor who believes in the concept of reversion to the mean will be terrified by how clearly overvalued the US is.</li>\n <li>The current long-term US government bond rate of 1.5% is clearly supporting share prices. Suppose it was to reverse that, it would spell the end of this current market peak.</li>\n</ul>\n<p>In apoll of my followers on LinkedInand Twitter, I asked, \"What US S&amp;P500 average annual return do you expect over the next 10 years?\" At the most extremes, 18% expected greater than 10%, while only 7% said less than zero percent. The majority said from 5-10%. In fact, most people see strong positive returns going forward.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4ad66b8ae3f6ba781bf8dc6539440157\" tg-width=\"654\" tg-height=\"406\" referrerpolicy=\"no-referrer\"><span>But EV/EBITDA at 17.2x is way above average</span></p>\n<p>But EV/EBITDA at 17.2x is way above average</p>\n<p>The current trailing US EV/EBITDA at 17.2x is very high compared to its 10x average since 1990. This gives most value investors pause, but momentum investors are following this trend. Any investor who believes in the concept of reversion to the mean will be terrified by how clearly overvalued the US is.</p>\n<p><img src=\"https://static.tigerbbs.com/455b1c6e46a203eac21cf1558f19a8b6\" tg-width=\"644\" tg-height=\"422\" referrerpolicy=\"no-referrer\"></p>\n<p>The market hasn't touched the Shiller CAPE 2000 peak</p>\n<p>Robert Shiller's cyclically adjusted PE ratio (CAPE) is now approaching 35x. It was only higher when it hit 42x during the dot com bubble in 2000. Consider that in 2000, US government long-term bonds were yielding about 5%, versus the current 1.5%. From this chart, you can see that the US market has been in a long bull run since the 1979 interest rate peak.</p>\n<p>A fundamental investor knows that the value of a stock is largely dependent on the discount rate, which depends on the US bond rates. The current long-term US government bond rate of 1.5% is clearly supporting share prices. Suppose it was to reverse that, it would spell the end of this current market peak. Based on this chart, a fundamental investor would say that the US market is now significantly overvalued.</p>\n<p><img src=\"https://static.tigerbbs.com/4fadd296792cb1ac8c32a0fd2505f479\" tg-width=\"648\" tg-height=\"404\" referrerpolicy=\"no-referrer\"></p>\n<p>Though expensive, we are not in uncharted territory</p>\n<p>We calculated the US stock market EV/EBITDA for each month from 1990 to today. We then broke those into ten deciles from cheapest month to most expensive. After that, we asked, \"How often was the market trading in that state?\" We found that 20% of the time, the US market traded in the decile of 8.1x to 8.8x EV/EBITA. Twelve percent of the time, the market traded below 8.1x, and 14% of the time, the market was trading above the most expensive decile &gt;12.3x. At 17.2x EV/EBITDA multiple, the US market is clearly expensive.</p>\n<p><img src=\"https://static.tigerbbs.com/afb8b967176a977c3e3aae8221fd54c9\" tg-width=\"608\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p>\n<p>Today's buyers may not see positive returns</p>\n<p>We next asked, \"What were the forward returns earned if an investor were to buy the market at each decile?\" The results show that if you invested at the most common decile (8.1x to 8.8), you would have earned a 15% return over one year and 35% over five years.</p>\n<p>Those subsequent returns start to fall once the EV/EBTIDA rises above this decile (buying an expensive market means less gain). And most importantly, when the market trades in the most expensive decile (where we are now), subsequent 1, 2, and 3 returns were negative. An investor would have to wait five years to get a return only slightly above zero. A fundamental investor would consider this information and have a relatively negative view of the stock market.</p>\n<p><img src=\"https://static.tigerbbs.com/ee9eb026eb46cdd09709d7677a5ae00b\" tg-width=\"656\" tg-height=\"404\" referrerpolicy=\"no-referrer\">.</p>\n<p><img src=\"https://static.tigerbbs.com/ee9eb026eb46cdd09709d7677a5ae00b\" tg-width=\"656\" tg-height=\"404\" referrerpolicy=\"no-referrer\"></p>\n<p>Recent EPS collapse has been much shorter time</p>\n<p>The next chart considers the five main falls in earnings per share since 1900. One conclusion is that the fall in EPS has become less protracted. The Great Depression saw a four-year decline in earnings, while earnings fell for only 2 years from the 2000 peak and the 2007 peak. It is also fascinating to see that there was only a 20% fall in earnings in 2020, and that fall only happened over one year (2021 earnings are recovering).</p>\n<p>A fundamental investor could look at this chart and think that the recent crisis was quite minimal. This is partly because some sectors (info tech), some quality (high cash companies) and some size (large) companies did very well during this recent crisis. In addition, since many small or weak companies got destroyed, the supply of products and services has been reduced, which leads to strong pricing power for those that remain.</p>\n<p><img src=\"https://static.tigerbbs.com/445a232da0f6b76431ae38194fde2e22\" tg-width=\"622\" tg-height=\"430\" referrerpolicy=\"no-referrer\"></p>\n<p>Margin recovery is in place</p>\n<p>The net margins of corporate America have been on the rise since 1990. Over the past decade, they have averaged about 8%. The shaded areas on this chart show the period from peak to trough of net margin. The most significant thing about this chart is that the margin collapse is done and the margin recovery is underway. It is debatable whether the margin can recover to the prior peaks, but it is not unreasonable to say that the margin recovery has further to go. This could be positive for the US stock market.</p>\n<p><img src=\"https://static.tigerbbs.com/dbe8d0714e329dbc65b118f09f807e3f\" tg-width=\"658\" tg-height=\"440\" referrerpolicy=\"no-referrer\"></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>Investors Feel Almost No Risk Of Long-Term U.S. Stock Market Downside</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\">\nInvestors Feel Almost No Risk Of Long-Term U.S. Stock Market Downside\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 21:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4439518-investors-feel-almost-no-risk-of-long-term-u-s-stock-market-downside><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe current trailing US EV/EBITDA at 17.2x is very high compared to its 10x average since 1990. This gives most value investors pause, but momentum investors are following this trend.\nAny ...</p>\n\n<a href=\"https://seekingalpha.com/article/4439518-investors-feel-almost-no-risk-of-long-term-u-s-stock-market-downside\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://seekingalpha.com/article/4439518-investors-feel-almost-no-risk-of-long-term-u-s-stock-market-downside","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1171115394","content_text":"Summary\n\nThe current trailing US EV/EBITDA at 17.2x is very high compared to its 10x average since 1990. This gives most value investors pause, but momentum investors are following this trend.\nAny investor who believes in the concept of reversion to the mean will be terrified by how clearly overvalued the US is.\nThe current long-term US government bond rate of 1.5% is clearly supporting share prices. Suppose it was to reverse that, it would spell the end of this current market peak.\n\nIn apoll of my followers on LinkedInand Twitter, I asked, \"What US S&P500 average annual return do you expect over the next 10 years?\" At the most extremes, 18% expected greater than 10%, while only 7% said less than zero percent. The majority said from 5-10%. In fact, most people see strong positive returns going forward.\nBut EV/EBITDA at 17.2x is way above average\nBut EV/EBITDA at 17.2x is way above average\nThe current trailing US EV/EBITDA at 17.2x is very high compared to its 10x average since 1990. This gives most value investors pause, but momentum investors are following this trend. Any investor who believes in the concept of reversion to the mean will be terrified by how clearly overvalued the US is.\n\nThe market hasn't touched the Shiller CAPE 2000 peak\nRobert Shiller's cyclically adjusted PE ratio (CAPE) is now approaching 35x. It was only higher when it hit 42x during the dot com bubble in 2000. Consider that in 2000, US government long-term bonds were yielding about 5%, versus the current 1.5%. From this chart, you can see that the US market has been in a long bull run since the 1979 interest rate peak.\nA fundamental investor knows that the value of a stock is largely dependent on the discount rate, which depends on the US bond rates. The current long-term US government bond rate of 1.5% is clearly supporting share prices. Suppose it was to reverse that, it would spell the end of this current market peak. Based on this chart, a fundamental investor would say that the US market is now significantly overvalued.\n\nThough expensive, we are not in uncharted territory\nWe calculated the US stock market EV/EBITDA for each month from 1990 to today. We then broke those into ten deciles from cheapest month to most expensive. After that, we asked, \"How often was the market trading in that state?\" We found that 20% of the time, the US market traded in the decile of 8.1x to 8.8x EV/EBITA. Twelve percent of the time, the market traded below 8.1x, and 14% of the time, the market was trading above the most expensive decile >12.3x. At 17.2x EV/EBITDA multiple, the US market is clearly expensive.\n\nToday's buyers may not see positive returns\nWe next asked, \"What were the forward returns earned if an investor were to buy the market at each decile?\" The results show that if you invested at the most common decile (8.1x to 8.8), you would have earned a 15% return over one year and 35% over five years.\nThose subsequent returns start to fall once the EV/EBTIDA rises above this decile (buying an expensive market means less gain). And most importantly, when the market trades in the most expensive decile (where we are now), subsequent 1, 2, and 3 returns were negative. An investor would have to wait five years to get a return only slightly above zero. A fundamental investor would consider this information and have a relatively negative view of the stock market.\n.\n\nRecent EPS collapse has been much shorter time\nThe next chart considers the five main falls in earnings per share since 1900. One conclusion is that the fall in EPS has become less protracted. The Great Depression saw a four-year decline in earnings, while earnings fell for only 2 years from the 2000 peak and the 2007 peak. It is also fascinating to see that there was only a 20% fall in earnings in 2020, and that fall only happened over one year (2021 earnings are recovering).\nA fundamental investor could look at this chart and think that the recent crisis was quite minimal. This is partly because some sectors (info tech), some quality (high cash companies) and some size (large) companies did very well during this recent crisis. In addition, since many small or weak companies got destroyed, the supply of products and services has been reduced, which leads to strong pricing power for those that remain.\n\nMargin recovery is in place\nThe net margins of corporate America have been on the rise since 1990. Over the past decade, they have averaged about 8%. The shaded areas on this chart show the period from peak to trough of net margin. The most significant thing about this chart is that the margin collapse is done and the margin recovery is underway. It is debatable whether the margin can recover to the prior peaks, but it is not unreasonable to say that the margin recovery has further to go. This could be positive for the US stock market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170728011,"gmtCreate":1626453289933,"gmtModify":1703760562936,"author":{"id":"4089434840588950","authorId":"4089434840588950","name":"xfeisno","avatar":"https://static.tigerbbs.com/8b481244c3131486ab9735aac682e598","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Chill la bro","listText":"Chill la bro","text":"Chill la bro","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/170728011","repostId":"2151450981","repostType":4,"repost":{"id":"2151450981","pubTimestamp":1626442140,"share":"https://www.laohu8.com/m/news/2151450981?lang=&edition=full","pubTime":"2021-07-16 21:29","market":"us","language":"en","title":"It's Game Over for AMC, but These Stocks Can Still Go to the Moon","url":"https://stock-news.laohu8.com/highlight/detail?id=2151450981","media":"Motley Fool","summary":"Retail investors looking for businesses with tangible growth prospects should consider buying this trio of companies.","content":"<p>When 2021 comes to a close, it'll undoubtedly be remembered for the way retail investors made their presence known on Wall Street. Despite putting their money to work in equities for more than a century, retail investors moved stock prices like never before.</p>\n<p>The handful of companies these retail folks have piled into have come to be known as the \"meme stocks\" -- essentially, companies valued more for the hype they create on social media than their operating performance. At the top of the list for most meme investors is movie theater chain <b>AMC Entertainment</b> (NYSE:AMC), which until this past week was the top-performing stock on a year-to-date basis.</p>\n<h2>Wall Street and investors are wising up to the AMC pump-and-dump scheme</h2>\n<p>Unfortunately, AMC doesn't look as if it'll ever be \"going to the moon.\"</p>\n<p>The bull thesis for AMC, which disregards virtually all concrete fundamental data, relies on social media hype, constant misinformation, and outright lies to fuel an artificially higher share price. The problem is that Wall Street and investors are wising up to the misinformation and deceptive tactics being employed by AMC's emotionally driven retail investors, known as apes, which has resulted in AMC's shares losing 42% since June 28, with a lot more downside to go.</p>\n<p>Prior to the pandemic, AMC was never worth more than $3.8 billion. Today, with vaccination rates on the rise, AMC is worth $17 billion and it's:</p>\n<ul>\n <li>Nowhere near the peak sales produced before the pandemic.</li>\n <li>Losing money hand over fist, compared to being profitable prior to the pandemic.</li>\n <li>Contending with billions of dollars in additional debt.</li>\n <li>Carrying around $473 million in deferred rental obligations, as of the end of March.</li>\n <li>Clearly losing revenue to streaming competitors (e.g., <b>Walt Disney</b>'s Disney+ garnering $60 million in debut weekend revenue for <i>Black Widow</i>).</li>\n</ul>\n<p>To boot, virtually all claims made by apes to ignite a rally in AMC's share price can be easily proved as false or misleading. Consider the following as two good examples of ongoing mistruths designed to artificially inflate AMC's share price:</p>\n<ul>\n <li>Shares sold short have declined from around 102 million at the end of May to about 75.5 million as of the end of June, according to official (not estimated) data. Apes claiming short interest is climbing or \"shorts haven't covered\" are flat out wrong. This also severely dents the idea that \"a short squeeze is coming,\" which you'll hear echoed daily on social media without any proof or basis.</li>\n <li>Buying and short-selling stock has no impact whatsoever on the performance of an underlying business. This disproves the idea that short-selling bankrupts companies (a core and blatantly incorrect thesis of apes), and it also demonstrates that apes didn't save AMC. The capital that saved AMC from immediate bankruptcy came from share sales and debt issuances in 2020 and early January. Operating performance, not buying and selling activity from investors, determines if a company is successful or fails.</li>\n</ul>\n<p>It may be a choppy road lower, but make no mistake about it, the jig is up and we've entered the dump phase of the cycle.</p>\n<h2>This trio of stocks can go to the moon</h2>\n<p>The good news is that there <i>are</i> companies out there with tangible growth potential that really could go to the moon. If you allow your investment thesis to play out, all three of the following stocks can blast off.</p>\n<h2>Sea Limited</h2>\n<p>Don't let anyone tell you large-cap stocks can't go to the moon. Despite its seemingly lofty $144 billion market cap, Singapore-based <b>Sea Limited</b> (NYSE:SE) has three rapidly growing operating segments that could make investors rich.</p>\n<p>For the moment, Sea is generating all of its positive earnings before interest, taxes, depreciation, and amortization (EBITDA) from its gaming division. The popularity of Sea's mobile games, coupled with the pandemic keeping more people in their homes, pushed the company's quarterly active users higher by 61% in the first quarter to 649 million. More importantly, 12.3% of these users were paying to play, which is considerably higher than the industry average.</p>\n<p>Over the long run, e-commerce platform Shopee is what'll generate the most buzz. For example, the $12.6 billion in gross merchandise value (GMV) that was purchased on Shopee in Q1 2021 handily surpasses total GMV from all of 2018. Shopee is the most downloaded shopping app in Southeast Asia, and it's quickly gaining traction in Brazil.</p>\n<p>Thirdly, Sea has a relatively nascent but fast-growing digital financial services segment. When the first quarter came to a close, it had more than 26 million paying mobile wallet customers. Since many of the emerging markets Sea operates in are somewhat underbanked, this digital financial services division could be a sneaky long-term growth driver.</p>\n<h2>Skillz</h2>\n<p>Another high-growth stock that could eventually go to the moon is esports and gaming company <b>Skillz</b> (NYSE:SKLZ).</p>\n<p>Admittedly, gaming is a highly competitive industry. Developing new games is a time-consuming and costly process, and there's no guarantee that a new game will be well-received. It's for all of these reasons that Skillz didn't go the traditional development route. Rather, it operates a gaming platform that allows players to compete against each other for cash prizes. Maintaining this platform doesn't cost an arm and a leg (gross margin has consistently been 95%), and both Skillz and gaming developers get to keep a cut of the cash prizes.</p>\n<p>When the first quarter came to a close, Skillz had approximately 467,000 monthly active users (MAUs) that were paying to pay on its platform. That's 17% of its MAU base. According to Wappier Gaming Apps, the conversion rate for paying gamers ranged from 1.6% to 2% in 2020. In other words, Skillz is converting casual gamers to paying members at a considerably higher rate than other gaming companies.</p>\n<p>Skillz also has an incredibly lucrative partnership in its back pocket. In February, it signed a multiyear agreement with the National Football League (NFL). Football is the most popular sport by a long shot in the U.S. The expectation is that we'll see NFL-themed games and competitions hitting the platform by no later than 2022.</p>\n<p>Though Skillz is likely to lose money through 2022 as it beefs up marketing, its insane growth potential and potentially lucrative margins can't be overlooked.</p>\n<h2>Trulieve Cannabis</h2>\n<p>A final stock that can go to the moon is U.S. marijuana stock <b>Trulieve Cannabis</b> (OTC:TCNNF). According to <a href=\"https://laohu8.com/S/NFC.U\">New Frontier</a> Data, the U.S. pot industry could be generating north of $41 billion in annual sales by 2025.</p>\n<p>Whereas most U.S. multistate operators are angling to have a presence in as many legalized markets as possible, Trulieve has taken on a strategy that looked odd at first, but has paid off incredibly well. Of the 91 dispensaries it had open in early July, 85 of them were located in medical marijuana-legal Florida. By absolutely saturating the Sunshine State, Trulieve has effectively gobbled up around half of all dried cannabis flower and oils market share. At the same time, its marketing costs have been kept low, pushing the company to 13 consecutive quarters of profitability.</p>\n<p>But make no mistake about it, Trulieve does have aspirations of moving beyond Florida. For instance, it recently announced the largest U.S. cannabis acquisition in history -- a $2.1 billion all-stock deal to acquire multistate operator <b>Harvest Health &amp; Recreation</b> (OTC:HRVSF). Harvest has a focus on five states, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of which is Florida. This means Trulieve's presence in the Sunshine State will soon get even bigger.</p>\n<p>However, the real lure of this deal is the 15 dispensaries Harvest Health operates in its home market of Arizona, a state that legalized recreational weed in November. Trulieve shouldn't have any problem taking its Florida blueprint and applying it in other key markets. This gives it a good chance to go to the moon in the future.</p>","source":"fool_stock","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>It's Game Over for AMC, but These Stocks Can Still Go to the Moon</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\">\nIt's Game Over for AMC, but These Stocks Can Still Go to the Moon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 21:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/16/its-game-over-for-amc-these-stocks-can-go-to-moon/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When 2021 comes to a close, it'll undoubtedly be remembered for the way retail investors made their presence known on Wall Street. Despite putting their money to work in equities for more than a ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/16/its-game-over-for-amc-these-stocks-can-go-to-moon/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd","TCNNF":"Trulieve Cannabis Corporation","AMC":"AMC院线","SKLZ":"Skillz Inc"},"source_url":"https://www.fool.com/investing/2021/07/16/its-game-over-for-amc-these-stocks-can-go-to-moon/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151450981","content_text":"When 2021 comes to a close, it'll undoubtedly be remembered for the way retail investors made their presence known on Wall Street. Despite putting their money to work in equities for more than a century, retail investors moved stock prices like never before.\nThe handful of companies these retail folks have piled into have come to be known as the \"meme stocks\" -- essentially, companies valued more for the hype they create on social media than their operating performance. At the top of the list for most meme investors is movie theater chain AMC Entertainment (NYSE:AMC), which until this past week was the top-performing stock on a year-to-date basis.\nWall Street and investors are wising up to the AMC pump-and-dump scheme\nUnfortunately, AMC doesn't look as if it'll ever be \"going to the moon.\"\nThe bull thesis for AMC, which disregards virtually all concrete fundamental data, relies on social media hype, constant misinformation, and outright lies to fuel an artificially higher share price. The problem is that Wall Street and investors are wising up to the misinformation and deceptive tactics being employed by AMC's emotionally driven retail investors, known as apes, which has resulted in AMC's shares losing 42% since June 28, with a lot more downside to go.\nPrior to the pandemic, AMC was never worth more than $3.8 billion. Today, with vaccination rates on the rise, AMC is worth $17 billion and it's:\n\nNowhere near the peak sales produced before the pandemic.\nLosing money hand over fist, compared to being profitable prior to the pandemic.\nContending with billions of dollars in additional debt.\nCarrying around $473 million in deferred rental obligations, as of the end of March.\nClearly losing revenue to streaming competitors (e.g., Walt Disney's Disney+ garnering $60 million in debut weekend revenue for Black Widow).\n\nTo boot, virtually all claims made by apes to ignite a rally in AMC's share price can be easily proved as false or misleading. Consider the following as two good examples of ongoing mistruths designed to artificially inflate AMC's share price:\n\nShares sold short have declined from around 102 million at the end of May to about 75.5 million as of the end of June, according to official (not estimated) data. Apes claiming short interest is climbing or \"shorts haven't covered\" are flat out wrong. This also severely dents the idea that \"a short squeeze is coming,\" which you'll hear echoed daily on social media without any proof or basis.\nBuying and short-selling stock has no impact whatsoever on the performance of an underlying business. This disproves the idea that short-selling bankrupts companies (a core and blatantly incorrect thesis of apes), and it also demonstrates that apes didn't save AMC. The capital that saved AMC from immediate bankruptcy came from share sales and debt issuances in 2020 and early January. Operating performance, not buying and selling activity from investors, determines if a company is successful or fails.\n\nIt may be a choppy road lower, but make no mistake about it, the jig is up and we've entered the dump phase of the cycle.\nThis trio of stocks can go to the moon\nThe good news is that there are companies out there with tangible growth potential that really could go to the moon. If you allow your investment thesis to play out, all three of the following stocks can blast off.\nSea Limited\nDon't let anyone tell you large-cap stocks can't go to the moon. Despite its seemingly lofty $144 billion market cap, Singapore-based Sea Limited (NYSE:SE) has three rapidly growing operating segments that could make investors rich.\nFor the moment, Sea is generating all of its positive earnings before interest, taxes, depreciation, and amortization (EBITDA) from its gaming division. The popularity of Sea's mobile games, coupled with the pandemic keeping more people in their homes, pushed the company's quarterly active users higher by 61% in the first quarter to 649 million. More importantly, 12.3% of these users were paying to play, which is considerably higher than the industry average.\nOver the long run, e-commerce platform Shopee is what'll generate the most buzz. For example, the $12.6 billion in gross merchandise value (GMV) that was purchased on Shopee in Q1 2021 handily surpasses total GMV from all of 2018. Shopee is the most downloaded shopping app in Southeast Asia, and it's quickly gaining traction in Brazil.\nThirdly, Sea has a relatively nascent but fast-growing digital financial services segment. When the first quarter came to a close, it had more than 26 million paying mobile wallet customers. Since many of the emerging markets Sea operates in are somewhat underbanked, this digital financial services division could be a sneaky long-term growth driver.\nSkillz\nAnother high-growth stock that could eventually go to the moon is esports and gaming company Skillz (NYSE:SKLZ).\nAdmittedly, gaming is a highly competitive industry. Developing new games is a time-consuming and costly process, and there's no guarantee that a new game will be well-received. It's for all of these reasons that Skillz didn't go the traditional development route. Rather, it operates a gaming platform that allows players to compete against each other for cash prizes. Maintaining this platform doesn't cost an arm and a leg (gross margin has consistently been 95%), and both Skillz and gaming developers get to keep a cut of the cash prizes.\nWhen the first quarter came to a close, Skillz had approximately 467,000 monthly active users (MAUs) that were paying to pay on its platform. That's 17% of its MAU base. According to Wappier Gaming Apps, the conversion rate for paying gamers ranged from 1.6% to 2% in 2020. In other words, Skillz is converting casual gamers to paying members at a considerably higher rate than other gaming companies.\nSkillz also has an incredibly lucrative partnership in its back pocket. In February, it signed a multiyear agreement with the National Football League (NFL). Football is the most popular sport by a long shot in the U.S. The expectation is that we'll see NFL-themed games and competitions hitting the platform by no later than 2022.\nThough Skillz is likely to lose money through 2022 as it beefs up marketing, its insane growth potential and potentially lucrative margins can't be overlooked.\nTrulieve Cannabis\nA final stock that can go to the moon is U.S. marijuana stock Trulieve Cannabis (OTC:TCNNF). According to New Frontier Data, the U.S. pot industry could be generating north of $41 billion in annual sales by 2025.\nWhereas most U.S. multistate operators are angling to have a presence in as many legalized markets as possible, Trulieve has taken on a strategy that looked odd at first, but has paid off incredibly well. Of the 91 dispensaries it had open in early July, 85 of them were located in medical marijuana-legal Florida. By absolutely saturating the Sunshine State, Trulieve has effectively gobbled up around half of all dried cannabis flower and oils market share. At the same time, its marketing costs have been kept low, pushing the company to 13 consecutive quarters of profitability.\nBut make no mistake about it, Trulieve does have aspirations of moving beyond Florida. For instance, it recently announced the largest U.S. cannabis acquisition in history -- a $2.1 billion all-stock deal to acquire multistate operator Harvest Health & Recreation (OTC:HRVSF). Harvest has a focus on five states, one of which is Florida. This means Trulieve's presence in the Sunshine State will soon get even bigger.\nHowever, the real lure of this deal is the 15 dispensaries Harvest Health operates in its home market of Arizona, a state that legalized recreational weed in November. Trulieve shouldn't have any problem taking its Florida blueprint and applying it in other key markets. This gives it a good chance to go to the moon in the future.","news_type":1},"isVote":1,"tweetType":1,"viewCount":339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":178855437,"gmtCreate":1626800152729,"gmtModify":1703765518285,"author":{"id":"4089434840588950","authorId":"4089434840588950","name":"xfeisno","avatar":"https://static.tigerbbs.com/8b481244c3131486ab9735aac682e598","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"I wonder if ARK is one hit wonder","listText":"I wonder if ARK is one hit wonder","text":"I wonder if ARK is one hit wonder","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/178855437","repostId":"1131848465","repostType":4,"repost":{"id":"1131848465","pubTimestamp":1626792900,"share":"https://www.laohu8.com/m/news/1131848465?lang=&edition=full","pubTime":"2021-07-20 22:55","market":"us","language":"en","title":"ARK Buys Another 310,000 Grayscale Bitcoin Trust Shares On Dip","url":"https://stock-news.laohu8.com/highlight/detail?id=1131848465","media":"The Street","summary":"In addition to Grayscale Bitcoin Trust shares, ARK added another 71,877 shares of Coinbase across tw","content":"<blockquote>\n In addition to Grayscale Bitcoin Trust shares, ARK added another 71,877 shares of Coinbase across two ETFs.\n</blockquote>\n<p>According to asubscriptionto the firm's trade activity, Cathie Wood's ARK Invest purchased an additional 310,067 shares of the Grayscale Bitcoin Trust (GBTC) yesterday. The shares were worth approximately $7.8 million at the time of purchase.</p>\n<p>ARK used its ARKW ETF to purchase the shares, adding 310,067 shares to its existing 8,845,921 holdings, bringing the weighting of GBTC in the ETF to just over 4.1%.</p>\n<p><img src=\"https://static.tigerbbs.com/482fcf3d71c1895d7d08452179bcd8af\" tg-width=\"700\" tg-height=\"803\" width=\"100%\" height=\"auto\">ARK also added another&nbsp;71,877 Coinbase (COIN) shares across its ARKF and ARKW ETFs, showing a continued and ever-growing position in crypto-related assets. In the last few weeks, the company has beencontinuouslybuying more andmoreCoinbase shares as prices have fallen.</p>\n<p>On Friday it wasrevealedthat the company had added $53.6 million worth of Square (SQ) shares across a couple of ETFs just after Jack Dorseyannouncedthat Square would make a division dedicated to developing DeFi on Bitcoin.</p>\n<p>ARK has shown immense levels of confidence in the cryptocurrency industry's future by growing its positions as prices have dropped. Should prices begin to climb again, these holdings acquired at such low levels would have a tremendous payoff.</p>\n<p><i>This story is developing.</i></p>","source":"lsy1610613172068","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>ARK Buys Another 310,000 Grayscale Bitcoin Trust Shares On Dip</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\">\nARK Buys Another 310,000 Grayscale Bitcoin Trust Shares On Dip\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-20 22:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/crypto/bitcoin/ark-buys-huge-amount-of-grayscale-bitcoin-trust-shares-during-dip><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In addition to Grayscale Bitcoin Trust shares, ARK added another 71,877 shares of Coinbase across two ETFs.\n\nAccording to asubscriptionto the firm's trade activity, Cathie Wood's ARK Invest purchased ...</p>\n\n<a href=\"https://www.thestreet.com/crypto/bitcoin/ark-buys-huge-amount-of-grayscale-bitcoin-trust-shares-during-dip\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","ARKG":"ARK Genomic Revolution ETF","ARKX":"ARK Space Exploration & Innovation ETF","ARKK":"ARK Innovation ETF","ARKW":"ARK Next Generation Internation ETF","ARKF":"ARK Fintech Innovation ETF"},"source_url":"https://www.thestreet.com/crypto/bitcoin/ark-buys-huge-amount-of-grayscale-bitcoin-trust-shares-during-dip","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131848465","content_text":"In addition to Grayscale Bitcoin Trust shares, ARK added another 71,877 shares of Coinbase across two ETFs.\n\nAccording to asubscriptionto the firm's trade activity, Cathie Wood's ARK Invest purchased an additional 310,067 shares of the Grayscale Bitcoin Trust (GBTC) yesterday. The shares were worth approximately $7.8 million at the time of purchase.\nARK used its ARKW ETF to purchase the shares, adding 310,067 shares to its existing 8,845,921 holdings, bringing the weighting of GBTC in the ETF to just over 4.1%.\nARK also added another 71,877 Coinbase (COIN) shares across its ARKF and ARKW ETFs, showing a continued and ever-growing position in crypto-related assets. In the last few weeks, the company has beencontinuouslybuying more andmoreCoinbase shares as prices have fallen.\nOn Friday it wasrevealedthat the company had added $53.6 million worth of Square (SQ) shares across a couple of ETFs just after Jack Dorseyannouncedthat Square would make a division dedicated to developing DeFi on Bitcoin.\nARK has shown immense levels of confidence in the cryptocurrency industry's future by growing its positions as prices have dropped. Should prices begin to climb again, these holdings acquired at such low levels would have a tremendous payoff.\nThis story is developing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":365,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178857229,"gmtCreate":1626800453461,"gmtModify":1703765520390,"author":{"id":"4089434840588950","authorId":"4089434840588950","name":"xfeisno","avatar":"https://static.tigerbbs.com/8b481244c3131486ab9735aac682e598","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Maybe. Seems like the economy is separating even more from reality","listText":"Maybe. Seems like the economy is separating even more from reality","text":"Maybe. Seems like the economy is separating even more from reality","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/178857229","repostId":"1184882386","repostType":4,"repost":{"id":"1184882386","pubTimestamp":1626790245,"share":"https://www.laohu8.com/m/news/1184882386?lang=&edition=full","pubTime":"2021-07-20 22:10","market":"us","language":"en","title":"What If This Is The Economic End-Cycle","url":"https://stock-news.laohu8.com/highlight/detail?id=1184882386","media":"zerohedge","summary":"A few months ago, Morgan Stanley's chief equity strategist Michael Wilson, who also recently emerged","content":"<p>A few months ago, Morgan Stanley's chief equity strategist Michael Wilson, who also recently emerged as the biggest Wall Street bear warning that the \"rolling corrections\" in themarket presage a 10-20% drop in stocks, summarized the current economic state simply as \"mid cycle\"...</p>\n<p><img src=\"https://static.tigerbbs.com/d95f296e4d1300cd3c95485a2333d270\" tg-width=\"906\" tg-height=\"571\" width=\"100%\" height=\"auto\">... which of course is the best place to be, as the initial euphoric surge higher in stocks tapers to a slow and steady grind as the economy chugs along at a modest pace.</p>\n<p>But what if he is wrong? After all, yesterday the NBER determined that the covid recession - at just 2 months - was the fastest on record (even as 14 million Americans are out of a job and still collect unemployment benefits) and we are already well into the mid cycle, if not approaching the end.</p>\n<p><img src=\"https://static.tigerbbs.com/e47d11bc07779a51cede0a73e7ddf627\" tg-width=\"971\" tg-height=\"562\" width=\"100%\" height=\"auto\">Also it is none other than Wilson's own employer Morgan Stanley, which has also said recently that this cycle will be \"<b>hotter but shorter</b>\" than usual.</p>\n<p><img src=\"https://static.tigerbbs.com/41879c4f66b33597ee236bdd52841004\" tg-width=\"904\" tg-height=\"490\" width=\"100%\" height=\"auto\"></p>\n<p>Does it not stand to reason then, that the economic cycle is now so truncated - courtesy of $30 trillion in global stimulus - that we have blasted right through the midcycle phase and are now nearing the end?</p>\n<p>That is the question Deutsche Bank's credit strategist Jim Reid asked overnight, when he described this recovery as \"undoubtedly the most unusual in history with many sectors of the economy already running ahead of their pre-recession trend\" even though several serviced based ones are still well behind though. More importantly, according to Reid and DB economists,<i>the output and employment gap will likely close in the next couple of quarters which will be the quickest for both in observable economic history.</i></p>\n<p>Reid then takes a look at where real GDP, nominal GDP, CPI, unemployment, retail sales, equities, household wealth, housing, treasuries and commodities are against all other recoveries for most variables goes back over 100 years. The chart below shows real GDP and as Reid explains, \"for most of these, this current post covid recovery is near the top\"<b>making this recovery neck and neck with the fastest post-WWII expansion.</b></p>\n<p><img src=\"https://static.tigerbbs.com/48279d702e3f7b92c743f063b26661ad\" tg-width=\"868\" tg-height=\"411\" width=\"100%\" height=\"auto\">As Reid puts it, \"clearly this cycle saw a big drawdown due to the pandemic but so did the GFC and its notable that the post-GFC recovery was around the weakest at the same stage\" which begs the question: \"should this be seen as the start of a new cycle or a continuation of the last cycle after a period of covid related hibernation?<b>The answer to this will give us clues as to how long this cycle lasts, future Fed activity, and on the inflationary consequences of the current strong rebound.\"</b></p>","source":"lsy1583725640930","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 If This Is The Economic End-Cycle</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 If This Is The Economic End-Cycle\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-20 22:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/what-if-economic-end-cycle><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A few months ago, Morgan Stanley's chief equity strategist Michael Wilson, who also recently emerged as the biggest Wall Street bear warning that the \"rolling corrections\" in themarket presage a 10-...</p>\n\n<a href=\"https://www.zerohedge.com/markets/what-if-economic-end-cycle\">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","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/what-if-economic-end-cycle","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184882386","content_text":"A few months ago, Morgan Stanley's chief equity strategist Michael Wilson, who also recently emerged as the biggest Wall Street bear warning that the \"rolling corrections\" in themarket presage a 10-20% drop in stocks, summarized the current economic state simply as \"mid cycle\"...\n... which of course is the best place to be, as the initial euphoric surge higher in stocks tapers to a slow and steady grind as the economy chugs along at a modest pace.\nBut what if he is wrong? After all, yesterday the NBER determined that the covid recession - at just 2 months - was the fastest on record (even as 14 million Americans are out of a job and still collect unemployment benefits) and we are already well into the mid cycle, if not approaching the end.\nAlso it is none other than Wilson's own employer Morgan Stanley, which has also said recently that this cycle will be \"hotter but shorter\" than usual.\n\nDoes it not stand to reason then, that the economic cycle is now so truncated - courtesy of $30 trillion in global stimulus - that we have blasted right through the midcycle phase and are now nearing the end?\nThat is the question Deutsche Bank's credit strategist Jim Reid asked overnight, when he described this recovery as \"undoubtedly the most unusual in history with many sectors of the economy already running ahead of their pre-recession trend\" even though several serviced based ones are still well behind though. More importantly, according to Reid and DB economists,the output and employment gap will likely close in the next couple of quarters which will be the quickest for both in observable economic history.\nReid then takes a look at where real GDP, nominal GDP, CPI, unemployment, retail sales, equities, household wealth, housing, treasuries and commodities are against all other recoveries for most variables goes back over 100 years. The chart below shows real GDP and as Reid explains, \"for most of these, this current post covid recovery is near the top\"making this recovery neck and neck with the fastest post-WWII expansion.\nAs Reid puts it, \"clearly this cycle saw a big drawdown due to the pandemic but so did the GFC and its notable that the post-GFC recovery was around the weakest at the same stage\" which begs the question: \"should this be seen as the start of a new cycle or a continuation of the last cycle after a period of covid related hibernation?The answer to this will give us clues as to how long this cycle lasts, future Fed activity, and on the inflationary consequences of the current strong rebound.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178858280,"gmtCreate":1626799918240,"gmtModify":1703765513111,"author":{"id":"4089434840588950","authorId":"4089434840588950","name":"xfeisno","avatar":"https://static.tigerbbs.com/8b481244c3131486ab9735aac682e598","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"To be honest I'm more of a hold long-term kind of person, there are better things to do with my time.","listText":"To be honest I'm more of a hold long-term kind of person, there are better things to do with my time.","text":"To be honest I'm more of a hold long-term kind of person, there are better things to do with my time.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/178858280","repostId":"2152657163","repostType":4,"repost":{"id":"2152657163","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1626795120,"share":"https://www.laohu8.com/m/news/2152657163?lang=&edition=full","pubTime":"2021-07-20 23:32","market":"us","language":"en","title":"AMC to reopen two of the top-grossing movie theaters in Los Angeles","url":"https://stock-news.laohu8.com/highlight/detail?id=2152657163","media":"Dow Jones","summary":"Cinema chain to take over leases for the Grove and the Americana from Pacific Theaters.\n\nAMC jumped ","content":"<blockquote>\n Cinema chain to take over leases for the Grove and the Americana from Pacific Theaters.\n</blockquote>\n<p><b>AMC</b><b>&nbsp;jumped&nbsp;nearly&nbsp;9%&nbsp;in&nbsp;morning&nbsp;trading.</b></p>\n<p><img src=\"https://static.tigerbbs.com/39be46abc677a91e48d845a873557c43\" tg-width=\"824\" tg-height=\"609\" width=\"100%\" height=\"auto\"></p>\n<p>AMC Entertainment Holdings Inc., the world's largest movie-theater chain, is reopening two of the top-grossing theaters in the Los Angeles area, which have been shuttered for more than a year.</p>\n<p>AMC <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a> said Monday it has reached a long-term lease agreement with privately held real-estate company Caruso, which owns the properties, for the 14-screen Grove Theatre in Los Angeles' Grove shopping center and the 18-screen Americana at Brand Theatre in nearby Glendale, Calif.</p>\n<p>The two theaters were previously run by Pacific Theatres, which announced in April that they, along with 15 other Pacific and ArcLight cinemas nationwide, including Hollywood's iconic Cinerama Dome, would not reopen. The theaters have been closed since early 2020 due to the pandemic.</p>\n<p>AMC said the two theaters will reopen to movie-goers in August. Movie theaters are only now starting to recover from the devastating closures; last week, AMC reported its best weekend for attendance in 16 months, adding that eight of the 10 busiest U.S. movie theaters were run by AMC.</p>\n<p>In 2018, the Grove was the second-highest-grossing movie theater in the Los Angeles area, while the Americana ranked fifth, AMC said Monday.</p>\n<p>AMC may not be done, saying it \"remains in active discussions with other property owners regarding additional currently closed locations.\"</p>\n<p>\"The Grove and The Americana at Brand theatres are among the most successful theatres in the greater Los Angeles area,\" AMC Chief Executive Adam Aron said in a statement. \"AMC is proud to be expanding in the movie-making capital of the world.\"</p>\n<p>AMC shares have been volatile in recent months, and have sunk 41% over the past month. Still, AMC is up more than 1,500% year to date, thanks to the meteoric rise by it and other meme stocks earlier this year.</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>AMC to reopen two of the top-grossing movie theaters in Los Angeles</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\">\nAMC to reopen two of the top-grossing movie theaters in Los Angeles\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-20 23:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n Cinema chain to take over leases for the Grove and the Americana from Pacific Theaters.\n</blockquote>\n<p><b>AMC</b><b>&nbsp;jumped&nbsp;nearly&nbsp;9%&nbsp;in&nbsp;morning&nbsp;trading.</b></p>\n<p><img src=\"https://static.tigerbbs.com/39be46abc677a91e48d845a873557c43\" tg-width=\"824\" tg-height=\"609\" width=\"100%\" height=\"auto\"></p>\n<p>AMC Entertainment Holdings Inc., the world's largest movie-theater chain, is reopening two of the top-grossing theaters in the Los Angeles area, which have been shuttered for more than a year.</p>\n<p>AMC <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a> said Monday it has reached a long-term lease agreement with privately held real-estate company Caruso, which owns the properties, for the 14-screen Grove Theatre in Los Angeles' Grove shopping center and the 18-screen Americana at Brand Theatre in nearby Glendale, Calif.</p>\n<p>The two theaters were previously run by Pacific Theatres, which announced in April that they, along with 15 other Pacific and ArcLight cinemas nationwide, including Hollywood's iconic Cinerama Dome, would not reopen. The theaters have been closed since early 2020 due to the pandemic.</p>\n<p>AMC said the two theaters will reopen to movie-goers in August. Movie theaters are only now starting to recover from the devastating closures; last week, AMC reported its best weekend for attendance in 16 months, adding that eight of the 10 busiest U.S. movie theaters were run by AMC.</p>\n<p>In 2018, the Grove was the second-highest-grossing movie theater in the Los Angeles area, while the Americana ranked fifth, AMC said Monday.</p>\n<p>AMC may not be done, saying it \"remains in active discussions with other property owners regarding additional currently closed locations.\"</p>\n<p>\"The Grove and The Americana at Brand theatres are among the most successful theatres in the greater Los Angeles area,\" AMC Chief Executive Adam Aron said in a statement. \"AMC is proud to be expanding in the movie-making capital of the world.\"</p>\n<p>AMC shares have been volatile in recent months, and have sunk 41% over the past month. Still, AMC is up more than 1,500% year to date, thanks to the meteoric rise by it and other meme stocks earlier this year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152657163","content_text":"Cinema chain to take over leases for the Grove and the Americana from Pacific Theaters.\n\nAMC jumped nearly 9% in morning trading.\n\nAMC Entertainment Holdings Inc., the world's largest movie-theater chain, is reopening two of the top-grossing theaters in the Los Angeles area, which have been shuttered for more than a year.\nAMC $(AMC)$ said Monday it has reached a long-term lease agreement with privately held real-estate company Caruso, which owns the properties, for the 14-screen Grove Theatre in Los Angeles' Grove shopping center and the 18-screen Americana at Brand Theatre in nearby Glendale, Calif.\nThe two theaters were previously run by Pacific Theatres, which announced in April that they, along with 15 other Pacific and ArcLight cinemas nationwide, including Hollywood's iconic Cinerama Dome, would not reopen. The theaters have been closed since early 2020 due to the pandemic.\nAMC said the two theaters will reopen to movie-goers in August. Movie theaters are only now starting to recover from the devastating closures; last week, AMC reported its best weekend for attendance in 16 months, adding that eight of the 10 busiest U.S. movie theaters were run by AMC.\nIn 2018, the Grove was the second-highest-grossing movie theater in the Los Angeles area, while the Americana ranked fifth, AMC said Monday.\nAMC may not be done, saying it \"remains in active discussions with other property owners regarding additional currently closed locations.\"\n\"The Grove and The Americana at Brand theatres are among the most successful theatres in the greater Los Angeles area,\" AMC Chief Executive Adam Aron said in a statement. \"AMC is proud to be expanding in the movie-making capital of the world.\"\nAMC shares have been volatile in recent months, and have sunk 41% over the past month. Still, AMC is up more than 1,500% year to date, thanks to the meteoric rise by it and other meme stocks earlier this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":98,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3555261138218608","authorId":"3555261138218608","name":"fabio","avatar":"https://static.tigerbbs.com/8da22244b65eeb511fac3b0633934760","crmLevel":2,"crmLevelSwitch":0},"content":"+1. Agreed","text":"+1. Agreed","html":"+1. Agreed"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176236195,"gmtCreate":1626885600917,"gmtModify":1703480017455,"author":{"id":"4089434840588950","authorId":"4089434840588950","name":"xfeisno","avatar":"https://static.tigerbbs.com/8b481244c3131486ab9735aac682e598","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Quirky headline","listText":"Quirky headline","text":"Quirky headline","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176236195","repostId":"1148130964","repostType":4,"isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170722978,"gmtCreate":1626453527994,"gmtModify":1703760565688,"author":{"id":"4089434840588950","authorId":"4089434840588950","name":"xfeisno","avatar":"https://static.tigerbbs.com/8b481244c3131486ab9735aac682e598","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Need other ways of passive income","listText":"Need other ways of passive income","text":"Need other ways of passive income","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/170722978","repostId":"1171115394","repostType":4,"repost":{"id":"1171115394","pubTimestamp":1626441684,"share":"https://www.laohu8.com/m/news/1171115394?lang=&edition=full","pubTime":"2021-07-16 21:21","market":"us","language":"en","title":"Investors Feel Almost No Risk Of Long-Term U.S. Stock Market Downside","url":"https://stock-news.laohu8.com/highlight/detail?id=1171115394","media":"seekingalpha","summary":"Summary\n\nThe current trailing US EV/EBITDA at 17.2x is very high compared to its 10x average since 1","content":"<p><b>Summary</b></p>\n<ul>\n <li>The current trailing US EV/EBITDA at 17.2x is very high compared to its 10x average since 1990. This gives most value investors pause, but momentum investors are following this trend.</li>\n <li>Any investor who believes in the concept of reversion to the mean will be terrified by how clearly overvalued the US is.</li>\n <li>The current long-term US government bond rate of 1.5% is clearly supporting share prices. Suppose it was to reverse that, it would spell the end of this current market peak.</li>\n</ul>\n<p>In apoll of my followers on LinkedInand Twitter, I asked, \"What US S&amp;P500 average annual return do you expect over the next 10 years?\" At the most extremes, 18% expected greater than 10%, while only 7% said less than zero percent. The majority said from 5-10%. In fact, most people see strong positive returns going forward.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4ad66b8ae3f6ba781bf8dc6539440157\" tg-width=\"654\" tg-height=\"406\" referrerpolicy=\"no-referrer\"><span>But EV/EBITDA at 17.2x is way above average</span></p>\n<p>But EV/EBITDA at 17.2x is way above average</p>\n<p>The current trailing US EV/EBITDA at 17.2x is very high compared to its 10x average since 1990. This gives most value investors pause, but momentum investors are following this trend. Any investor who believes in the concept of reversion to the mean will be terrified by how clearly overvalued the US is.</p>\n<p><img src=\"https://static.tigerbbs.com/455b1c6e46a203eac21cf1558f19a8b6\" tg-width=\"644\" tg-height=\"422\" referrerpolicy=\"no-referrer\"></p>\n<p>The market hasn't touched the Shiller CAPE 2000 peak</p>\n<p>Robert Shiller's cyclically adjusted PE ratio (CAPE) is now approaching 35x. It was only higher when it hit 42x during the dot com bubble in 2000. Consider that in 2000, US government long-term bonds were yielding about 5%, versus the current 1.5%. From this chart, you can see that the US market has been in a long bull run since the 1979 interest rate peak.</p>\n<p>A fundamental investor knows that the value of a stock is largely dependent on the discount rate, which depends on the US bond rates. The current long-term US government bond rate of 1.5% is clearly supporting share prices. Suppose it was to reverse that, it would spell the end of this current market peak. Based on this chart, a fundamental investor would say that the US market is now significantly overvalued.</p>\n<p><img src=\"https://static.tigerbbs.com/4fadd296792cb1ac8c32a0fd2505f479\" tg-width=\"648\" tg-height=\"404\" referrerpolicy=\"no-referrer\"></p>\n<p>Though expensive, we are not in uncharted territory</p>\n<p>We calculated the US stock market EV/EBITDA for each month from 1990 to today. We then broke those into ten deciles from cheapest month to most expensive. After that, we asked, \"How often was the market trading in that state?\" We found that 20% of the time, the US market traded in the decile of 8.1x to 8.8x EV/EBITA. Twelve percent of the time, the market traded below 8.1x, and 14% of the time, the market was trading above the most expensive decile &gt;12.3x. At 17.2x EV/EBITDA multiple, the US market is clearly expensive.</p>\n<p><img src=\"https://static.tigerbbs.com/afb8b967176a977c3e3aae8221fd54c9\" tg-width=\"608\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p>\n<p>Today's buyers may not see positive returns</p>\n<p>We next asked, \"What were the forward returns earned if an investor were to buy the market at each decile?\" The results show that if you invested at the most common decile (8.1x to 8.8), you would have earned a 15% return over one year and 35% over five years.</p>\n<p>Those subsequent returns start to fall once the EV/EBTIDA rises above this decile (buying an expensive market means less gain). And most importantly, when the market trades in the most expensive decile (where we are now), subsequent 1, 2, and 3 returns were negative. An investor would have to wait five years to get a return only slightly above zero. A fundamental investor would consider this information and have a relatively negative view of the stock market.</p>\n<p><img src=\"https://static.tigerbbs.com/ee9eb026eb46cdd09709d7677a5ae00b\" tg-width=\"656\" tg-height=\"404\" referrerpolicy=\"no-referrer\">.</p>\n<p><img src=\"https://static.tigerbbs.com/ee9eb026eb46cdd09709d7677a5ae00b\" tg-width=\"656\" tg-height=\"404\" referrerpolicy=\"no-referrer\"></p>\n<p>Recent EPS collapse has been much shorter time</p>\n<p>The next chart considers the five main falls in earnings per share since 1900. One conclusion is that the fall in EPS has become less protracted. The Great Depression saw a four-year decline in earnings, while earnings fell for only 2 years from the 2000 peak and the 2007 peak. It is also fascinating to see that there was only a 20% fall in earnings in 2020, and that fall only happened over one year (2021 earnings are recovering).</p>\n<p>A fundamental investor could look at this chart and think that the recent crisis was quite minimal. This is partly because some sectors (info tech), some quality (high cash companies) and some size (large) companies did very well during this recent crisis. In addition, since many small or weak companies got destroyed, the supply of products and services has been reduced, which leads to strong pricing power for those that remain.</p>\n<p><img src=\"https://static.tigerbbs.com/445a232da0f6b76431ae38194fde2e22\" tg-width=\"622\" tg-height=\"430\" referrerpolicy=\"no-referrer\"></p>\n<p>Margin recovery is in place</p>\n<p>The net margins of corporate America have been on the rise since 1990. Over the past decade, they have averaged about 8%. The shaded areas on this chart show the period from peak to trough of net margin. The most significant thing about this chart is that the margin collapse is done and the margin recovery is underway. It is debatable whether the margin can recover to the prior peaks, but it is not unreasonable to say that the margin recovery has further to go. This could be positive for the US stock market.</p>\n<p><img src=\"https://static.tigerbbs.com/dbe8d0714e329dbc65b118f09f807e3f\" tg-width=\"658\" tg-height=\"440\" referrerpolicy=\"no-referrer\"></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>Investors Feel Almost No Risk Of Long-Term U.S. Stock Market Downside</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\">\nInvestors Feel Almost No Risk Of Long-Term U.S. Stock Market Downside\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 21:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4439518-investors-feel-almost-no-risk-of-long-term-u-s-stock-market-downside><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe current trailing US EV/EBITDA at 17.2x is very high compared to its 10x average since 1990. This gives most value investors pause, but momentum investors are following this trend.\nAny ...</p>\n\n<a href=\"https://seekingalpha.com/article/4439518-investors-feel-almost-no-risk-of-long-term-u-s-stock-market-downside\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://seekingalpha.com/article/4439518-investors-feel-almost-no-risk-of-long-term-u-s-stock-market-downside","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1171115394","content_text":"Summary\n\nThe current trailing US EV/EBITDA at 17.2x is very high compared to its 10x average since 1990. This gives most value investors pause, but momentum investors are following this trend.\nAny investor who believes in the concept of reversion to the mean will be terrified by how clearly overvalued the US is.\nThe current long-term US government bond rate of 1.5% is clearly supporting share prices. Suppose it was to reverse that, it would spell the end of this current market peak.\n\nIn apoll of my followers on LinkedInand Twitter, I asked, \"What US S&P500 average annual return do you expect over the next 10 years?\" At the most extremes, 18% expected greater than 10%, while only 7% said less than zero percent. The majority said from 5-10%. In fact, most people see strong positive returns going forward.\nBut EV/EBITDA at 17.2x is way above average\nBut EV/EBITDA at 17.2x is way above average\nThe current trailing US EV/EBITDA at 17.2x is very high compared to its 10x average since 1990. This gives most value investors pause, but momentum investors are following this trend. Any investor who believes in the concept of reversion to the mean will be terrified by how clearly overvalued the US is.\n\nThe market hasn't touched the Shiller CAPE 2000 peak\nRobert Shiller's cyclically adjusted PE ratio (CAPE) is now approaching 35x. It was only higher when it hit 42x during the dot com bubble in 2000. Consider that in 2000, US government long-term bonds were yielding about 5%, versus the current 1.5%. From this chart, you can see that the US market has been in a long bull run since the 1979 interest rate peak.\nA fundamental investor knows that the value of a stock is largely dependent on the discount rate, which depends on the US bond rates. The current long-term US government bond rate of 1.5% is clearly supporting share prices. Suppose it was to reverse that, it would spell the end of this current market peak. Based on this chart, a fundamental investor would say that the US market is now significantly overvalued.\n\nThough expensive, we are not in uncharted territory\nWe calculated the US stock market EV/EBITDA for each month from 1990 to today. We then broke those into ten deciles from cheapest month to most expensive. After that, we asked, \"How often was the market trading in that state?\" We found that 20% of the time, the US market traded in the decile of 8.1x to 8.8x EV/EBITA. Twelve percent of the time, the market traded below 8.1x, and 14% of the time, the market was trading above the most expensive decile >12.3x. At 17.2x EV/EBITDA multiple, the US market is clearly expensive.\n\nToday's buyers may not see positive returns\nWe next asked, \"What were the forward returns earned if an investor were to buy the market at each decile?\" The results show that if you invested at the most common decile (8.1x to 8.8), you would have earned a 15% return over one year and 35% over five years.\nThose subsequent returns start to fall once the EV/EBTIDA rises above this decile (buying an expensive market means less gain). And most importantly, when the market trades in the most expensive decile (where we are now), subsequent 1, 2, and 3 returns were negative. An investor would have to wait five years to get a return only slightly above zero. A fundamental investor would consider this information and have a relatively negative view of the stock market.\n.\n\nRecent EPS collapse has been much shorter time\nThe next chart considers the five main falls in earnings per share since 1900. One conclusion is that the fall in EPS has become less protracted. The Great Depression saw a four-year decline in earnings, while earnings fell for only 2 years from the 2000 peak and the 2007 peak. It is also fascinating to see that there was only a 20% fall in earnings in 2020, and that fall only happened over one year (2021 earnings are recovering).\nA fundamental investor could look at this chart and think that the recent crisis was quite minimal. This is partly because some sectors (info tech), some quality (high cash companies) and some size (large) companies did very well during this recent crisis. In addition, since many small or weak companies got destroyed, the supply of products and services has been reduced, which leads to strong pricing power for those that remain.\n\nMargin recovery is in place\nThe net margins of corporate America have been on the rise since 1990. Over the past decade, they have averaged about 8%. The shaded areas on this chart show the period from peak to trough of net margin. The most significant thing about this chart is that the margin collapse is done and the margin recovery is underway. It is debatable whether the margin can recover to the prior peaks, but it is not unreasonable to say that the margin recovery has further to go. This could be positive for the US stock market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170728011,"gmtCreate":1626453289933,"gmtModify":1703760562936,"author":{"id":"4089434840588950","authorId":"4089434840588950","name":"xfeisno","avatar":"https://static.tigerbbs.com/8b481244c3131486ab9735aac682e598","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Chill la bro","listText":"Chill la bro","text":"Chill la bro","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/170728011","repostId":"2151450981","repostType":4,"isVote":1,"tweetType":1,"viewCount":339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176211678,"gmtCreate":1626886602694,"gmtModify":1703480030361,"author":{"id":"4089434840588950","authorId":"4089434840588950","name":"xfeisno","avatar":"https://static.tigerbbs.com/8b481244c3131486ab9735aac682e598","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Lel only from the free apple share","listText":"Lel only from the free apple share","text":"Lel only from the free apple share","images":[{"img":"https://static.tigerbbs.com/4640012fbc79038fb5dc65eb32ebfda6","width":"1440","height":"2560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176211678","isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}