+Follow
MoonRock
No personal profile
7
Follow
3
Followers
0
Topic
0
Badge
Posts
Hot
MoonRock
2021-09-05
Hmmm
Cathie Wood is pouring millions into these China tech stocks — time to follow?
MoonRock
2021-08-27
Most gamblers are control by emotion. Clear headed folks generally ignore emotion..
Why stock market bulls may be right to push valuations so high
MoonRock
2021-08-27
Like
Who Owns The Most AMC Stock?
Go to Tiger App to see more news
{"i18n":{"language":"en_US"},"userPageInfo":{"id":4091160444168680,"uuid":"4091160444168680","gmtCreate":1628057794124,"gmtModify":1630064540401,"name":"MoonRock","pinyin":"moonrock","introduction":"","introductionEn":"","signature":"","avatar":"https://static.tigerbbs.com/108b8119f9f7cb2a256b41d8574cce02","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":3,"headSize":7,"tweetSize":4,"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":5,"symbols":null,"coverImage":null,"realNameVerified":"success","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":1,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.05.03","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":"2021.12.29","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":{"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":1,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.05.03","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},"individualDisplayBadges":null,"crmLevel":3,"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":814642372,"gmtCreate":1630816636796,"gmtModify":1676530400539,"author":{"id":"4091160444168680","authorId":"4091160444168680","authorIdStr":"4091160444168680","name":"MoonRock","avatar":"https://static.tigerbbs.com/108b8119f9f7cb2a256b41d8574cce02","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091160444168680"},"themes":[],"htmlText":"Hmmm","listText":"Hmmm","text":"Hmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/814642372","repostId":"2164808914","repostType":4,"repost":{"id":"2164808914","pubTimestamp":1630777500,"share":"https://ttm.financial/m/news/2164808914?lang=&edition=fundamental","pubTime":"2021-09-05 01:45","market":"us","language":"en","title":"Cathie Wood is pouring millions into these China tech stocks — time to follow?","url":"https://stock-news.laohu8.com/highlight/detail?id=2164808914","media":"MoneyWise","summary":"It’s been a whiplash 2021 for Chinese tech stocks.\nThe Nasdaq Golden Dragon China Index, which track","content":"<p><img src=\"https://static.tigerbbs.com/de23888c2d8d96cf650c99664dbb31b2\" tg-width=\"1800\" tg-height=\"800\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>It’s been a whiplash 2021 for Chinese tech stocks.</p>\n<p>The Nasdaq Golden Dragon China Index, which tracks 98 of the biggest Chinese companies listed in the U.S., hit a record high of 20,688 on Feb. 12. But the index has been walloped since then on concerns that China’s tech sector could soon be facing greater scrutiny and tighter regulations at the hands of the Chinese government.</p>\n<p>Cathie Wood, founder of Ark Invest, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the planet’s most hyped investment management firms, was one of the many investors to dump her Chinese stocks in late July.</p>\n<p>Wood has since returned to the Chinese tech space, bolstering her company's holdings with several notable Chinese stocks.</p>\n<p>Let’s see which stocks received the ace investor's stamp of approval this time around.</p>\n<p><b>JD.com (JD)</b></p>\n<p>Wood made multiple purchases of JD.com stock in August, nabbing 59,000 shares of the e-commerce company to the Ark Fintech Innovation ETF (ARKF) and just under 165,000 for Ark’s Autonomous Technology and Robotics ETF (ARKQ).</p>\n<p>\"I'm not pessimistic about China in the longer run because I think they're a very entrepreneurial society,\" Wood told Bloomberg. \"Sure, the government is putting more rules and regulations in, but I don't think the government wants to stop growth and progress at all.\"</p>\n<p>It’s an interesting take, considering Wood said during a recent Ark webinar with investors that Chinese stocks “probably will remain down.\"</p>\n<p>But Wood obviously sees value in JD.com after the company reported a 26% increase in revenue and a 27% increase in its user base during the second quarter of 2021. It’s stock has risen more than 12% in the past month.</p>\n<p>As one of the largest retailers in China, JD.com provides companies access to one of the world’s largest cohorts of consumers. The firm’s revenue streams are bolstered by offering marketing, analytics, logistics and warehousing and financing services.</p>\n<p><b>Tencent (TCEHY)</b></p>\n<p>On Aug. 16, Ark dumped more than 171,000 shares in Chinese tech conglomerate Tencent. A little more than a week later, Wood snapped up almost 235,000 shares in the company and added them to ARKF. Tencent now makes up 1.24% of ARKF’s holdings.</p>\n<p>It’s been a rough few months for Tencent. The company was recently fined multiple times by the Chinese government for anti-competitive behavior and saw its share price fall by more than 30% in the last six months. Company president Martin Lau recently told investors that he expects government regulators to be quite busy cracking down on the country’s tech sector.</p>\n<p>“It will be coming from all different regulator entities,” Lau said during an Aug. 18 call. “We think that there will be quite a few [new measures] coming out.”</p>\n<p>But Tencent’s exposure to multiple growth industries, including video games, cloud computing and artificial intelligence, make it an intriguing bet for funds like ARKF. Impressive second quarter results — a year over year increase in net profit of 29%, a rise in fintech and business services revenue of 40% — brought investors flocking back to buy Tencent on the dip.</p>\n<p>Since Aug. 19, Tencent stock is up almost 18%.</p>\n<p><b>Pinduoduo (PDD)</b></p>\n<p><img src=\"https://static.tigerbbs.com/62ae26f45f976c695c466b80913ea47e\" tg-width=\"1200\" tg-height=\"500\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Ascannio / Shutterstock</p>\n<p>The largest agriculture-focused tech platform in China, Pinduoduo currently connects about 12 million farmers and distributors directly to consumers. The company recently pledged to invest approximately $1.5 billion into advancing agricultural technology for the country’s farmers.</p>\n<p>Between Pinduoduo’s business model and socially-conscious goals, Ark Invest appears to see a bright future for the company. In four transactions at the end of August, Ark added almost 208,000 shares to ARKF.</p>\n<p>“We believe that Pinduoduo's important role in modernizing China’s agriculture industry and alleviating poverty across Tier 2 and 3 cities is improving its relationship with the Chinese government relative to its competition,” Ark wrote in a note.</p>\n<p>With global demand for food on the rise, it makes sense that Wood would expect an agricultural play to pay off over the long run. But Ark’s investment in Pinduoduo is already paying off: The company’s stock is up almost 16% since Aug. 3.</p>\n<p><b>Unleash your inner Cathie</b></p>\n<p>Whether you see Chinese tech stocks as a short-term value play or a long-term investment in a sector too crucial to be over-regulated, you’ll need to get started somewhere.</p>\n<p>You’re probably already familiar with popular no-fee investment platforms, but there are several other digital platforms you can use to put your money to work.</p>\n<p>One even allows you to invest in a diversified portfolio using little more than the “spare change” left over from your everyday purchases.</p>\n<p>However you choose to invest your money, especially when it comes to volatile assets like Chinese tech stocks, just make sure you’re making an informed decision — one you can afford — and not just chasing the next flash in the pan.</p>","source":"yahoofinance","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>Cathie Wood is pouring millions into these China tech stocks — time to follow?</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\">\nCathie Wood is pouring millions into these China tech stocks — time to follow?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-05 01:45 GMT+8 <a href=https://finance.yahoo.com/news/cathie-wood-pouring-millions-china-174500701.html><strong>MoneyWise</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s been a whiplash 2021 for Chinese tech stocks.\nThe Nasdaq Golden Dragon China Index, which tracks 98 of the biggest Chinese companies listed in the U.S., hit a record high of 20,688 on Feb. 12. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cathie-wood-pouring-millions-china-174500701.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKF":"ARK Fintech Innovation ETF","CAAS":"中汽系统","JD":"京东","PDD":"拼多多","ARKQ":"ARK Autonomous Technology & Robotics ETF"},"source_url":"https://finance.yahoo.com/news/cathie-wood-pouring-millions-china-174500701.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2164808914","content_text":"It’s been a whiplash 2021 for Chinese tech stocks.\nThe Nasdaq Golden Dragon China Index, which tracks 98 of the biggest Chinese companies listed in the U.S., hit a record high of 20,688 on Feb. 12. But the index has been walloped since then on concerns that China’s tech sector could soon be facing greater scrutiny and tighter regulations at the hands of the Chinese government.\nCathie Wood, founder of Ark Invest, one of the planet’s most hyped investment management firms, was one of the many investors to dump her Chinese stocks in late July.\nWood has since returned to the Chinese tech space, bolstering her company's holdings with several notable Chinese stocks.\nLet’s see which stocks received the ace investor's stamp of approval this time around.\nJD.com (JD)\nWood made multiple purchases of JD.com stock in August, nabbing 59,000 shares of the e-commerce company to the Ark Fintech Innovation ETF (ARKF) and just under 165,000 for Ark’s Autonomous Technology and Robotics ETF (ARKQ).\n\"I'm not pessimistic about China in the longer run because I think they're a very entrepreneurial society,\" Wood told Bloomberg. \"Sure, the government is putting more rules and regulations in, but I don't think the government wants to stop growth and progress at all.\"\nIt’s an interesting take, considering Wood said during a recent Ark webinar with investors that Chinese stocks “probably will remain down.\"\nBut Wood obviously sees value in JD.com after the company reported a 26% increase in revenue and a 27% increase in its user base during the second quarter of 2021. It’s stock has risen more than 12% in the past month.\nAs one of the largest retailers in China, JD.com provides companies access to one of the world’s largest cohorts of consumers. The firm’s revenue streams are bolstered by offering marketing, analytics, logistics and warehousing and financing services.\nTencent (TCEHY)\nOn Aug. 16, Ark dumped more than 171,000 shares in Chinese tech conglomerate Tencent. A little more than a week later, Wood snapped up almost 235,000 shares in the company and added them to ARKF. Tencent now makes up 1.24% of ARKF’s holdings.\nIt’s been a rough few months for Tencent. The company was recently fined multiple times by the Chinese government for anti-competitive behavior and saw its share price fall by more than 30% in the last six months. Company president Martin Lau recently told investors that he expects government regulators to be quite busy cracking down on the country’s tech sector.\n“It will be coming from all different regulator entities,” Lau said during an Aug. 18 call. “We think that there will be quite a few [new measures] coming out.”\nBut Tencent’s exposure to multiple growth industries, including video games, cloud computing and artificial intelligence, make it an intriguing bet for funds like ARKF. Impressive second quarter results — a year over year increase in net profit of 29%, a rise in fintech and business services revenue of 40% — brought investors flocking back to buy Tencent on the dip.\nSince Aug. 19, Tencent stock is up almost 18%.\nPinduoduo (PDD)\nAscannio / Shutterstock\nThe largest agriculture-focused tech platform in China, Pinduoduo currently connects about 12 million farmers and distributors directly to consumers. The company recently pledged to invest approximately $1.5 billion into advancing agricultural technology for the country’s farmers.\nBetween Pinduoduo’s business model and socially-conscious goals, Ark Invest appears to see a bright future for the company. In four transactions at the end of August, Ark added almost 208,000 shares to ARKF.\n“We believe that Pinduoduo's important role in modernizing China’s agriculture industry and alleviating poverty across Tier 2 and 3 cities is improving its relationship with the Chinese government relative to its competition,” Ark wrote in a note.\nWith global demand for food on the rise, it makes sense that Wood would expect an agricultural play to pay off over the long run. But Ark’s investment in Pinduoduo is already paying off: The company’s stock is up almost 16% since Aug. 3.\nUnleash your inner Cathie\nWhether you see Chinese tech stocks as a short-term value play or a long-term investment in a sector too crucial to be over-regulated, you’ll need to get started somewhere.\nYou’re probably already familiar with popular no-fee investment platforms, but there are several other digital platforms you can use to put your money to work.\nOne even allows you to invest in a diversified portfolio using little more than the “spare change” left over from your everyday purchases.\nHowever you choose to invest your money, especially when it comes to volatile assets like Chinese tech stocks, just make sure you’re making an informed decision — one you can afford — and not just chasing the next flash in the pan.","news_type":1},"isVote":1,"tweetType":1,"viewCount":243,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819210261,"gmtCreate":1630071926953,"gmtModify":1676530216644,"author":{"id":"4091160444168680","authorId":"4091160444168680","authorIdStr":"4091160444168680","name":"MoonRock","avatar":"https://static.tigerbbs.com/108b8119f9f7cb2a256b41d8574cce02","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091160444168680"},"themes":[],"htmlText":"Most gamblers are control by emotion. Clear headed folks generally ignore emotion..","listText":"Most gamblers are control by emotion. Clear headed folks generally ignore emotion..","text":"Most gamblers are control by emotion. Clear headed folks generally ignore emotion..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/819210261","repostId":"1161784228","repostType":4,"repost":{"id":"1161784228","pubTimestamp":1630047842,"share":"https://ttm.financial/m/news/1161784228?lang=&edition=fundamental","pubTime":"2021-08-27 15:04","market":"us","language":"en","title":"Why stock market bulls may be right to push valuations so high","url":"https://stock-news.laohu8.com/highlight/detail?id=1161784228","media":"MarketWatch","summary":"Investor sentiment right now doesn’t indicate a frothy market\nAGENCE FRANCE-PRESSE/GETTY IMAGES\nWith","content":"<p>Investor sentiment right now doesn’t indicate a frothy market</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/97be72b5bb9e18d0dd71a2ffdb82aa83\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p>\n<p>With U.S. stocks reaching new highs, investors and experts alike are starting to wonder if market conditions are getting frothy.</p>\n<p>In a frothy market, investor enthusiasm begins to outpace any consideration of risk. Investors feel confident in the economy and corporate earnings and begin to project that confidence further into the future. They increasingly listen to their greed impulse and tune out fear, leading them to bid up stock prices to levels that look historically high and difficult to justify based on the near-term outlook.</p>\n<p>Taken to its extreme, this eventually lays the groundwork for a bubble, when investor emotion causes prices to detach completely from valuation. We certainly are not there at this point, so we’ll leave that for another time.</p>\n<p>A clear example of frothiness played out in late 2017, when many investors were fully invested in stocks and behaving as though volatility was only going lower. Fear of missing out overtook the fear of losing money and many took on more risk than they probably would have wanted (or perhaps even realized they had) in a more normal environment. Those are classic symptoms of a frothy market.</p>\n<p>While there have been pockets of speculation of late — cryptocurrencies, SPACs, meme stocks — we are not seeing the sort of widespread excess in investor enthusiasm that would lead us to characterize the broader market as frothy. Yes, returns have been robust and stocks have risen steadily. One could easily assume that investors have anchored on recent good news and moved into the “greed” phase.</p>\n<p>But what if this optimism is justified? Economic growth has been exceptionally strong, driven by pent-up demand and massively accommodative policy, while earnings have rebounded dramatically. Continued growth should bring valuations to a point where they begin to look more reasonable.</p>\n<p>Measures of risk appetite, meanwhile, are not extreme; the various risk barometers periodically make a run at exuberance, but there’s still enough to worry about — from a possible Fed policy change to the growing spread of the Delta variant — to put investor emotion back in check before things get out of hand.</p>\n<p>In fact, investors’ inability to shake these worries produces an interesting paradox, whereby the largest and most-stable stocks are one of the few areas that might actually be starting to warrant the “frothy” label. Investors feel they have no choice but to own stocks, yet are reluctant to take on risk.</p>\n<p>As a result, traditional “risk-on” sectors — small-caps, high-beta stocks, IPOs, for example — have lost steam as investors pivot to their favorite large-cap, U.S. growth companies, which have seen their price multiples and representation in the indexes rise to lofty levels.</p>\n<p>At times like this, it can be tempting to chase performance and buy even more of what’s working because “it’s going up.” But like the Hotel California, getting in is not a problem, but getting out may prove difficult as everyone heads for the exit at once.</p>\n<p><b>Risk control</b></p>\n<p>Investors do have options to mitigate the risks that may be developing within this part of the market. While some are turning to “smart beta,” which uses a different index-weighting methodology — such as dividends or volatility (versus the market capitalization-weighted approach used by many indexes) — there is a clear element of market timing in such moves that can materially impact performance.</p>\n<p>Better to choose a balanced approach — for example, an equal-weighted exchange-traded fund, such as Invesco S&P500 Equal Weight ETF or the more reasonably priced iShares MSCI USA Equal Weighted ETF — may reduce concentration and manage risk better than a more extreme move into, say, a value-skewed, dividend-weighted fund.</p>\n<p>For those who manage to maintain a reasonable time horizon, start looking for opportunities; remember they’re unlikely to reside within the market’s current darlings, so you’ll want to cast a broad net.</p>\n<p>If you’re patient, developed markets outside of the U.S. are shaping up to offer more fertile ground. The iShares Core MSCI EAFE ETF offers a cost-effective way to get exposure to developed markets, while Vanguard FTSE Emerging Markets ETF does the same for emerging regions; meanwhile, consider Vanguard’s FTSE All-World ex-US ETF for an all-in-one solution.</p>\n<p>Meanwhile, keep in mind that emotion is not your friend, so stay disciplined. When things look frothy, investors often try to time the market by moving to cash, a notoriously tricky and strongly discouraged maneuver. Even those lucky enough to avoid a pullback rarely get the re-entry right, leaving them sitting on the sidelines watching a major market advance pass them by. Remember, you and your financial adviser worked hard to find the right long-term strategy for you — stick with it for the long-term.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why stock market bulls may be right to push valuations so high</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\">\nWhy stock market bulls may be right to push valuations so high\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-27 15:04 GMT+8 <a href=https://www.marketwatch.com/story/why-stock-market-bulls-may-be-right-to-push-valuations-so-high-11630010176?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investor sentiment right now doesn’t indicate a frothy market\nAGENCE FRANCE-PRESSE/GETTY IMAGES\nWith U.S. stocks reaching new highs, investors and experts alike are starting to wonder if market ...</p>\n\n<a href=\"https://www.marketwatch.com/story/why-stock-market-bulls-may-be-right-to-push-valuations-so-high-11630010176?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/why-stock-market-bulls-may-be-right-to-push-valuations-so-high-11630010176?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161784228","content_text":"Investor sentiment right now doesn’t indicate a frothy market\nAGENCE FRANCE-PRESSE/GETTY IMAGES\nWith U.S. stocks reaching new highs, investors and experts alike are starting to wonder if market conditions are getting frothy.\nIn a frothy market, investor enthusiasm begins to outpace any consideration of risk. Investors feel confident in the economy and corporate earnings and begin to project that confidence further into the future. They increasingly listen to their greed impulse and tune out fear, leading them to bid up stock prices to levels that look historically high and difficult to justify based on the near-term outlook.\nTaken to its extreme, this eventually lays the groundwork for a bubble, when investor emotion causes prices to detach completely from valuation. We certainly are not there at this point, so we’ll leave that for another time.\nA clear example of frothiness played out in late 2017, when many investors were fully invested in stocks and behaving as though volatility was only going lower. Fear of missing out overtook the fear of losing money and many took on more risk than they probably would have wanted (or perhaps even realized they had) in a more normal environment. Those are classic symptoms of a frothy market.\nWhile there have been pockets of speculation of late — cryptocurrencies, SPACs, meme stocks — we are not seeing the sort of widespread excess in investor enthusiasm that would lead us to characterize the broader market as frothy. Yes, returns have been robust and stocks have risen steadily. One could easily assume that investors have anchored on recent good news and moved into the “greed” phase.\nBut what if this optimism is justified? Economic growth has been exceptionally strong, driven by pent-up demand and massively accommodative policy, while earnings have rebounded dramatically. Continued growth should bring valuations to a point where they begin to look more reasonable.\nMeasures of risk appetite, meanwhile, are not extreme; the various risk barometers periodically make a run at exuberance, but there’s still enough to worry about — from a possible Fed policy change to the growing spread of the Delta variant — to put investor emotion back in check before things get out of hand.\nIn fact, investors’ inability to shake these worries produces an interesting paradox, whereby the largest and most-stable stocks are one of the few areas that might actually be starting to warrant the “frothy” label. Investors feel they have no choice but to own stocks, yet are reluctant to take on risk.\nAs a result, traditional “risk-on” sectors — small-caps, high-beta stocks, IPOs, for example — have lost steam as investors pivot to their favorite large-cap, U.S. growth companies, which have seen their price multiples and representation in the indexes rise to lofty levels.\nAt times like this, it can be tempting to chase performance and buy even more of what’s working because “it’s going up.” But like the Hotel California, getting in is not a problem, but getting out may prove difficult as everyone heads for the exit at once.\nRisk control\nInvestors do have options to mitigate the risks that may be developing within this part of the market. While some are turning to “smart beta,” which uses a different index-weighting methodology — such as dividends or volatility (versus the market capitalization-weighted approach used by many indexes) — there is a clear element of market timing in such moves that can materially impact performance.\nBetter to choose a balanced approach — for example, an equal-weighted exchange-traded fund, such as Invesco S&P500 Equal Weight ETF or the more reasonably priced iShares MSCI USA Equal Weighted ETF — may reduce concentration and manage risk better than a more extreme move into, say, a value-skewed, dividend-weighted fund.\nFor those who manage to maintain a reasonable time horizon, start looking for opportunities; remember they’re unlikely to reside within the market’s current darlings, so you’ll want to cast a broad net.\nIf you’re patient, developed markets outside of the U.S. are shaping up to offer more fertile ground. The iShares Core MSCI EAFE ETF offers a cost-effective way to get exposure to developed markets, while Vanguard FTSE Emerging Markets ETF does the same for emerging regions; meanwhile, consider Vanguard’s FTSE All-World ex-US ETF for an all-in-one solution.\nMeanwhile, keep in mind that emotion is not your friend, so stay disciplined. When things look frothy, investors often try to time the market by moving to cash, a notoriously tricky and strongly discouraged maneuver. Even those lucky enough to avoid a pullback rarely get the re-entry right, leaving them sitting on the sidelines watching a major market advance pass them by. Remember, you and your financial adviser worked hard to find the right long-term strategy for you — stick with it for the long-term.","news_type":1},"isVote":1,"tweetType":1,"viewCount":398,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819639614,"gmtCreate":1630062645638,"gmtModify":1676530213981,"author":{"id":"4091160444168680","authorId":"4091160444168680","authorIdStr":"4091160444168680","name":"MoonRock","avatar":"https://static.tigerbbs.com/108b8119f9f7cb2a256b41d8574cce02","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091160444168680"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/819639614","repostId":"1196717589","repostType":4,"repost":{"id":"1196717589","pubTimestamp":1630034074,"share":"https://ttm.financial/m/news/1196717589?lang=&edition=fundamental","pubTime":"2021-08-27 11:14","market":"us","language":"en","title":"Who Owns The Most AMC Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=1196717589","media":"Thestreet","summary":"Of all the things to consider before buying a stock, understanding who owns the company’s equity is ","content":"<p>Of all the things to consider before buying a stock, understanding who owns the company’s equity is rarely a top-of-mind factor. In the case of AMC, however, the story may be a little different.</p>\n<p>Today, Wall Street Memes looks at AMC stock’s ownership and explains why it could have an impact on how the company operates – and how the stock behaves.</p>\n<p><b>AMC largest holders</b></p>\n<p>According to data provided byYahoo Finance, AMC has a float of 513 million shares. Of the total, about 74% is owned by the public, 25% by institutions and 0.3% by insiders – directors, company's officers, and those with access to company information before it becomes public.</p>\n<p>Among institutions, Vanguard and Blackrock are the top holders, with 8% and 6% of the shares, respectively. Naturally, these firms turn their holdings into shares of ETF, which in turn can (and usually do) end up owned by more individual investors.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/03a5fac491fbf01869bb0f43310b2bc9\" tg-width=\"1200\" tg-height=\"966\" referrerpolicy=\"no-referrer\"><span>Figure 1: AMC stock ownership.ChartMill</span></p>\n<p>In May, AMC's previous largest shareholder, China's Dalian Wanda Group Co,sold30.4 million of its shares purchased in 2012 for roughly $430 million – funny enough, only days before AMC stock spiked from $14 to over $60 apiece. Currently, Wanda owns only 10,000 shares, representing a small $420,000 in market value.</p>\n<p>After the large Wanda sale, AMC's CEO Adam Aronrevealedthat no entity held an ownership stake above 10%.</p>\n<h3>Implications for the stock</h3>\n<p>A company whose ownership is widely distributed across the general public, as is the case of AMC, can benefit in a couple of ways. For instance, AMC can implement or change company policy without necessarily being aligned first with a handful of key shareholders.</p>\n<p>AMC’s ownership layout allowed for something curious to happen recently. CEO Adam Aron put to a vote theissuanceof 25 million new shares, which was then vetoed by a majority of AMC shareholders due to fears over a share price decline. Were AMC primarily owned by only a few, the polling would have likely not even taken place.</p>\n<p>In the end, the ownership structure allows AMC the flexibility to make its strategic decisions with certain independence – unless the management team chooses to consult with the broader base of individual investors more often.</p>\n<h3>In conclusion</h3>\n<p>AMC stock is owned, by and large, by retail investors – roughly speaking, the AMC ape community. Based on the latest shareholder count providedby AMC itself, the percentage of general public ownership is now greater than 80%, with each retail investor holding around 120 shares ($5,000) on average.</p>\n<p>Wall Street Memes believes that this is a good setup for AMC’s retail investors, as the fate of the company depends much less on the agenda of large institutions and a few insiders.</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>Who Owns The Most AMC Stock?</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\">\nWho Owns The Most AMC Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-27 11:14 GMT+8 <a href=https://www.thestreet.com/memestocks/amc/who-owns-the-most-amc-stock><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Of all the things to consider before buying a stock, understanding who owns the company’s equity is rarely a top-of-mind factor. In the case of AMC, however, the story may be a little different.\nToday...</p>\n\n<a href=\"https://www.thestreet.com/memestocks/amc/who-owns-the-most-amc-stock\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.thestreet.com/memestocks/amc/who-owns-the-most-amc-stock","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196717589","content_text":"Of all the things to consider before buying a stock, understanding who owns the company’s equity is rarely a top-of-mind factor. In the case of AMC, however, the story may be a little different.\nToday, Wall Street Memes looks at AMC stock’s ownership and explains why it could have an impact on how the company operates – and how the stock behaves.\nAMC largest holders\nAccording to data provided byYahoo Finance, AMC has a float of 513 million shares. Of the total, about 74% is owned by the public, 25% by institutions and 0.3% by insiders – directors, company's officers, and those with access to company information before it becomes public.\nAmong institutions, Vanguard and Blackrock are the top holders, with 8% and 6% of the shares, respectively. Naturally, these firms turn their holdings into shares of ETF, which in turn can (and usually do) end up owned by more individual investors.\nFigure 1: AMC stock ownership.ChartMill\nIn May, AMC's previous largest shareholder, China's Dalian Wanda Group Co,sold30.4 million of its shares purchased in 2012 for roughly $430 million – funny enough, only days before AMC stock spiked from $14 to over $60 apiece. Currently, Wanda owns only 10,000 shares, representing a small $420,000 in market value.\nAfter the large Wanda sale, AMC's CEO Adam Aronrevealedthat no entity held an ownership stake above 10%.\nImplications for the stock\nA company whose ownership is widely distributed across the general public, as is the case of AMC, can benefit in a couple of ways. For instance, AMC can implement or change company policy without necessarily being aligned first with a handful of key shareholders.\nAMC’s ownership layout allowed for something curious to happen recently. CEO Adam Aron put to a vote theissuanceof 25 million new shares, which was then vetoed by a majority of AMC shareholders due to fears over a share price decline. Were AMC primarily owned by only a few, the polling would have likely not even taken place.\nIn the end, the ownership structure allows AMC the flexibility to make its strategic decisions with certain independence – unless the management team chooses to consult with the broader base of individual investors more often.\nIn conclusion\nAMC stock is owned, by and large, by retail investors – roughly speaking, the AMC ape community. Based on the latest shareholder count providedby AMC itself, the percentage of general public ownership is now greater than 80%, with each retail investor holding around 120 shares ($5,000) on average.\nWall Street Memes believes that this is a good setup for AMC’s retail investors, as the fate of the company depends much less on the agenda of large institutions and a few insiders.","news_type":1},"isVote":1,"tweetType":1,"viewCount":497,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":819210261,"gmtCreate":1630071926953,"gmtModify":1676530216644,"author":{"id":"4091160444168680","authorId":"4091160444168680","authorIdStr":"4091160444168680","name":"MoonRock","avatar":"https://static.tigerbbs.com/108b8119f9f7cb2a256b41d8574cce02","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091160444168680"},"themes":[],"htmlText":"Most gamblers are control by emotion. Clear headed folks generally ignore emotion..","listText":"Most gamblers are control by emotion. Clear headed folks generally ignore emotion..","text":"Most gamblers are control by emotion. Clear headed folks generally ignore emotion..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/819210261","repostId":"1161784228","repostType":4,"repost":{"id":"1161784228","pubTimestamp":1630047842,"share":"https://ttm.financial/m/news/1161784228?lang=&edition=fundamental","pubTime":"2021-08-27 15:04","market":"us","language":"en","title":"Why stock market bulls may be right to push valuations so high","url":"https://stock-news.laohu8.com/highlight/detail?id=1161784228","media":"MarketWatch","summary":"Investor sentiment right now doesn’t indicate a frothy market\nAGENCE FRANCE-PRESSE/GETTY IMAGES\nWith","content":"<p>Investor sentiment right now doesn’t indicate a frothy market</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/97be72b5bb9e18d0dd71a2ffdb82aa83\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p>\n<p>With U.S. stocks reaching new highs, investors and experts alike are starting to wonder if market conditions are getting frothy.</p>\n<p>In a frothy market, investor enthusiasm begins to outpace any consideration of risk. Investors feel confident in the economy and corporate earnings and begin to project that confidence further into the future. They increasingly listen to their greed impulse and tune out fear, leading them to bid up stock prices to levels that look historically high and difficult to justify based on the near-term outlook.</p>\n<p>Taken to its extreme, this eventually lays the groundwork for a bubble, when investor emotion causes prices to detach completely from valuation. We certainly are not there at this point, so we’ll leave that for another time.</p>\n<p>A clear example of frothiness played out in late 2017, when many investors were fully invested in stocks and behaving as though volatility was only going lower. Fear of missing out overtook the fear of losing money and many took on more risk than they probably would have wanted (or perhaps even realized they had) in a more normal environment. Those are classic symptoms of a frothy market.</p>\n<p>While there have been pockets of speculation of late — cryptocurrencies, SPACs, meme stocks — we are not seeing the sort of widespread excess in investor enthusiasm that would lead us to characterize the broader market as frothy. Yes, returns have been robust and stocks have risen steadily. One could easily assume that investors have anchored on recent good news and moved into the “greed” phase.</p>\n<p>But what if this optimism is justified? Economic growth has been exceptionally strong, driven by pent-up demand and massively accommodative policy, while earnings have rebounded dramatically. Continued growth should bring valuations to a point where they begin to look more reasonable.</p>\n<p>Measures of risk appetite, meanwhile, are not extreme; the various risk barometers periodically make a run at exuberance, but there’s still enough to worry about — from a possible Fed policy change to the growing spread of the Delta variant — to put investor emotion back in check before things get out of hand.</p>\n<p>In fact, investors’ inability to shake these worries produces an interesting paradox, whereby the largest and most-stable stocks are one of the few areas that might actually be starting to warrant the “frothy” label. Investors feel they have no choice but to own stocks, yet are reluctant to take on risk.</p>\n<p>As a result, traditional “risk-on” sectors — small-caps, high-beta stocks, IPOs, for example — have lost steam as investors pivot to their favorite large-cap, U.S. growth companies, which have seen their price multiples and representation in the indexes rise to lofty levels.</p>\n<p>At times like this, it can be tempting to chase performance and buy even more of what’s working because “it’s going up.” But like the Hotel California, getting in is not a problem, but getting out may prove difficult as everyone heads for the exit at once.</p>\n<p><b>Risk control</b></p>\n<p>Investors do have options to mitigate the risks that may be developing within this part of the market. While some are turning to “smart beta,” which uses a different index-weighting methodology — such as dividends or volatility (versus the market capitalization-weighted approach used by many indexes) — there is a clear element of market timing in such moves that can materially impact performance.</p>\n<p>Better to choose a balanced approach — for example, an equal-weighted exchange-traded fund, such as Invesco S&P500 Equal Weight ETF or the more reasonably priced iShares MSCI USA Equal Weighted ETF — may reduce concentration and manage risk better than a more extreme move into, say, a value-skewed, dividend-weighted fund.</p>\n<p>For those who manage to maintain a reasonable time horizon, start looking for opportunities; remember they’re unlikely to reside within the market’s current darlings, so you’ll want to cast a broad net.</p>\n<p>If you’re patient, developed markets outside of the U.S. are shaping up to offer more fertile ground. The iShares Core MSCI EAFE ETF offers a cost-effective way to get exposure to developed markets, while Vanguard FTSE Emerging Markets ETF does the same for emerging regions; meanwhile, consider Vanguard’s FTSE All-World ex-US ETF for an all-in-one solution.</p>\n<p>Meanwhile, keep in mind that emotion is not your friend, so stay disciplined. When things look frothy, investors often try to time the market by moving to cash, a notoriously tricky and strongly discouraged maneuver. Even those lucky enough to avoid a pullback rarely get the re-entry right, leaving them sitting on the sidelines watching a major market advance pass them by. Remember, you and your financial adviser worked hard to find the right long-term strategy for you — stick with it for the long-term.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why stock market bulls may be right to push valuations so high</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\">\nWhy stock market bulls may be right to push valuations so high\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-27 15:04 GMT+8 <a href=https://www.marketwatch.com/story/why-stock-market-bulls-may-be-right-to-push-valuations-so-high-11630010176?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investor sentiment right now doesn’t indicate a frothy market\nAGENCE FRANCE-PRESSE/GETTY IMAGES\nWith U.S. stocks reaching new highs, investors and experts alike are starting to wonder if market ...</p>\n\n<a href=\"https://www.marketwatch.com/story/why-stock-market-bulls-may-be-right-to-push-valuations-so-high-11630010176?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/why-stock-market-bulls-may-be-right-to-push-valuations-so-high-11630010176?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161784228","content_text":"Investor sentiment right now doesn’t indicate a frothy market\nAGENCE FRANCE-PRESSE/GETTY IMAGES\nWith U.S. stocks reaching new highs, investors and experts alike are starting to wonder if market conditions are getting frothy.\nIn a frothy market, investor enthusiasm begins to outpace any consideration of risk. Investors feel confident in the economy and corporate earnings and begin to project that confidence further into the future. They increasingly listen to their greed impulse and tune out fear, leading them to bid up stock prices to levels that look historically high and difficult to justify based on the near-term outlook.\nTaken to its extreme, this eventually lays the groundwork for a bubble, when investor emotion causes prices to detach completely from valuation. We certainly are not there at this point, so we’ll leave that for another time.\nA clear example of frothiness played out in late 2017, when many investors were fully invested in stocks and behaving as though volatility was only going lower. Fear of missing out overtook the fear of losing money and many took on more risk than they probably would have wanted (or perhaps even realized they had) in a more normal environment. Those are classic symptoms of a frothy market.\nWhile there have been pockets of speculation of late — cryptocurrencies, SPACs, meme stocks — we are not seeing the sort of widespread excess in investor enthusiasm that would lead us to characterize the broader market as frothy. Yes, returns have been robust and stocks have risen steadily. One could easily assume that investors have anchored on recent good news and moved into the “greed” phase.\nBut what if this optimism is justified? Economic growth has been exceptionally strong, driven by pent-up demand and massively accommodative policy, while earnings have rebounded dramatically. Continued growth should bring valuations to a point where they begin to look more reasonable.\nMeasures of risk appetite, meanwhile, are not extreme; the various risk barometers periodically make a run at exuberance, but there’s still enough to worry about — from a possible Fed policy change to the growing spread of the Delta variant — to put investor emotion back in check before things get out of hand.\nIn fact, investors’ inability to shake these worries produces an interesting paradox, whereby the largest and most-stable stocks are one of the few areas that might actually be starting to warrant the “frothy” label. Investors feel they have no choice but to own stocks, yet are reluctant to take on risk.\nAs a result, traditional “risk-on” sectors — small-caps, high-beta stocks, IPOs, for example — have lost steam as investors pivot to their favorite large-cap, U.S. growth companies, which have seen their price multiples and representation in the indexes rise to lofty levels.\nAt times like this, it can be tempting to chase performance and buy even more of what’s working because “it’s going up.” But like the Hotel California, getting in is not a problem, but getting out may prove difficult as everyone heads for the exit at once.\nRisk control\nInvestors do have options to mitigate the risks that may be developing within this part of the market. While some are turning to “smart beta,” which uses a different index-weighting methodology — such as dividends or volatility (versus the market capitalization-weighted approach used by many indexes) — there is a clear element of market timing in such moves that can materially impact performance.\nBetter to choose a balanced approach — for example, an equal-weighted exchange-traded fund, such as Invesco S&P500 Equal Weight ETF or the more reasonably priced iShares MSCI USA Equal Weighted ETF — may reduce concentration and manage risk better than a more extreme move into, say, a value-skewed, dividend-weighted fund.\nFor those who manage to maintain a reasonable time horizon, start looking for opportunities; remember they’re unlikely to reside within the market’s current darlings, so you’ll want to cast a broad net.\nIf you’re patient, developed markets outside of the U.S. are shaping up to offer more fertile ground. The iShares Core MSCI EAFE ETF offers a cost-effective way to get exposure to developed markets, while Vanguard FTSE Emerging Markets ETF does the same for emerging regions; meanwhile, consider Vanguard’s FTSE All-World ex-US ETF for an all-in-one solution.\nMeanwhile, keep in mind that emotion is not your friend, so stay disciplined. When things look frothy, investors often try to time the market by moving to cash, a notoriously tricky and strongly discouraged maneuver. Even those lucky enough to avoid a pullback rarely get the re-entry right, leaving them sitting on the sidelines watching a major market advance pass them by. Remember, you and your financial adviser worked hard to find the right long-term strategy for you — stick with it for the long-term.","news_type":1},"isVote":1,"tweetType":1,"viewCount":398,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814642372,"gmtCreate":1630816636796,"gmtModify":1676530400539,"author":{"id":"4091160444168680","authorId":"4091160444168680","authorIdStr":"4091160444168680","name":"MoonRock","avatar":"https://static.tigerbbs.com/108b8119f9f7cb2a256b41d8574cce02","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091160444168680"},"themes":[],"htmlText":"Hmmm","listText":"Hmmm","text":"Hmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/814642372","repostId":"2164808914","repostType":4,"isVote":1,"tweetType":1,"viewCount":243,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819639614,"gmtCreate":1630062645638,"gmtModify":1676530213981,"author":{"id":"4091160444168680","authorId":"4091160444168680","authorIdStr":"4091160444168680","name":"MoonRock","avatar":"https://static.tigerbbs.com/108b8119f9f7cb2a256b41d8574cce02","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091160444168680"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/819639614","repostId":"1196717589","repostType":4,"isVote":1,"tweetType":1,"viewCount":497,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
