KongSH personal page - To The Moon

KongSH

KongSH

No personal profile

431Follow

68Followers

3Topic

0Badge

06-30

So many things to learn about and earn rewards at the same time.. nice

06-30

fun and rewarding activities..,take part in it now

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

03-28

I am also a conservative investor.. only take very calculated risks :)

03-09

it might surpass in 100 days :)

02-22

$SINGAPORE AIRLINES LTD(C6L.SI)$ have read many negative feedback on SIA services on their facebook page.. if they are able to make improvement on those shortcomings, the revenue and profit shld bounce back and the share price shld go up again. However, if they do not improve, then their profit might fall even further

02-22

01-14

final dash to win in game

01-13

enjoy the game and win rewards

01-12

chiong all the way this week

01-11

6 more days to win in the game

01-10

2024 fun and rewarding game

01-10

great game to join in now

01-09

chiong for this rewarding game today!!!

01-08

fun and rewarding game in 2024

01-07

best game for the new year

01-06

best game to take part in today

01-05

fun and rewarding game to join in today

01-04

join the fun quick to win more pts

01-03

great game for fun and prizes

01-02

join this fun game now for rewards

Go to Tiger App to see more news

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pts","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259219922489608","isVote":1,"tweetType":1,"viewCount":265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":258808019836984,"gmtCreate":1704219585626,"gmtModify":1704219590239,"author":{"id":"4091169623174150","authorId":"4091169623174150","name":"KongSH","avatar":"https://static.tigerbbs.com/4db5a338d9f077992726659f508a7685","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091169623174150","authorIdStr":"4091169623174150"},"themes":[],"htmlText":"great game for fun and prizes","listText":"great game for fun and prizes","text":"great game for fun and prizes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/258808019836984","isVote":1,"tweetType":1,"viewCount":199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":258741911675080,"gmtCreate":1704203406688,"gmtModify":1704203411057,"author":{"id":"4091169623174150","authorId":"4091169623174150","name":"KongSH","avatar":"https://static.tigerbbs.com/4db5a338d9f077992726659f508a7685","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091169623174150","authorIdStr":"4091169623174150"},"themes":[],"htmlText":"join this fun game now for rewards&nbsp;","listText":"join this fun game now for rewards&nbsp;","text":"join this fun game now for rewards","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/258741911675080","isVote":1,"tweetType":1,"viewCount":362,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9057724321,"gmtCreate":1655569875663,"gmtModify":1676535663769,"author":{"id":"4091169623174150","authorId":"4091169623174150","name":"KongSH","avatar":"https://static.tigerbbs.com/4db5a338d9f077992726659f508a7685","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091169623174150","authorIdStr":"4091169623174150"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BSL.SI\">$RAFFLES MEDICAL GROUP LTD(BSL.SI)$</a>good time to accumulate?","listText":"<a href=\"https://ttm.financial/S/BSL.SI\">$RAFFLES MEDICAL GROUP LTD(BSL.SI)$</a>good time to accumulate?","text":"$RAFFLES MEDICAL GROUP LTD(BSL.SI)$good time to accumulate?","images":[{"img":"https://community-static.tradeup.com/news/551ae31f2cc7997c31ed49be8136b38e","width":"828","height":"2046"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9057724321","isVote":1,"tweetType":1,"viewCount":327,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4090019857770890","authorId":"4090019857770890","name":"chaicka","avatar":"https://static.tigerbbs.com/c0c291a2a7983f128cf68e5b01fedd73","crmLevel":6,"crmLevelSwitch":0,"idStr":"4090019857770890","authorIdStr":"4090019857770890"},"content":"With recession potentially approaching, will more be spendings on non-essential healthcare? IMO healthcare has benefited from COVID-19 and will reverse into bearish for awhile amid recession.","text":"With recession potentially approaching, will more be spendings on non-essential healthcare? IMO healthcare has benefited from COVID-19 and will reverse into bearish for awhile amid recession.","html":"With recession potentially approaching, will more be spendings on non-essential healthcare? IMO healthcare has benefited from COVID-19 and will reverse into bearish for awhile amid recession."}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":818115902,"gmtCreate":1630383519506,"gmtModify":1676530287639,"author":{"id":"4091169623174150","authorId":"4091169623174150","name":"KongSH","avatar":"https://static.tigerbbs.com/4db5a338d9f077992726659f508a7685","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091169623174150","authorIdStr":"4091169623174150"},"themes":[],"htmlText":"Wish Everyone&nbsp;Keep Calm and Make More Money ??","listText":"Wish Everyone&nbsp;Keep Calm and Make More Money ??","text":"Wish Everyone Keep Calm and Make More Money ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/818115902","repostId":"1181079166","repostType":4,"repost":{"id":"1181079166","kind":"news","pubTimestamp":1630371166,"share":"https://ttm.financial/m/news/1181079166?lang=&edition=fundamental","pubTime":"2021-08-31 08:52","market":"us","language":"en","title":"9 Cash-Rich Stocks That Can Better Weather the Fed’s Taper Risks","url":"https://stock-news.laohu8.com/highlight/detail?id=1181079166","media":"Barron's","summary":"Investors have been waiting for the Federal Reserve to rein in its monetary support as the economy s","content":"<p>Investors have been waiting for the Federal Reserve to rein in its monetary support as the economy stays on track for a healthy rebound from the Covid-19 pandemic.</p>\n<p>In response to the pandemic last year, the Fed launched an emergency bond-buying program that includes $120 billion in monthly purchase of Treasury and mortgage-backed securities purchases. At the central bank’s virtual Jackson Hole conference on Friday, Fed Chairman Jerome Powell reiterated that a taper—the term referring to the Fed’s wind-down of asset purchasing—might be coming by the end of this year. Many analysts expect Powell to offer more details at the Federal Open Market Committee’s September or November meetings.</p>\n<p>Although Powell has struck a relatively dovish tone on the tapering plan, some worry that both the stock and bond markets could see some volatility following the move in a “taper tantrum.”</p>\n<p>Still, even if there is such a selloff, some stocks would survive better than others. The last time the Fed slowed down its pace of bond buying, in May 2013, the best-performing sectors in the following months were materials and industrials.</p>\n<p>This time around, these sectors have even more tailwinds behind them. The $1.2 trillion Infrastructure Investment and Jobs Act has recently passed the Senate. If passed by the House and signed into law, the act will give companies in the material and industrial sector a significant revenue boost in the next few years. This could offset some of the headwinds from the Fed.</p>\n<p>Less Fed money in the market could cause trouble for companies that are tight on cash and reliant on funds raised from the bond market. Within these sectors, investors should look for companies that have more cash on their balance sheets and can make efficient use of them.</p>\n<p>Barron’s screened for S&amp;P 500 stocks within the industrial and material sectors that meet three criteria:</p>\n<ul>\n <li>Cash flow per share, which indicates how much cash a company generates for each outstanding share. For the purposes of our screen, it needed to be more than 10.</li>\n <li>The share price to cash flow, indicating how much investors pay for every dollar of cash flow, which needed to be lower than 20;</li>\n <li>The return on equity, which determines how much profit a company earns for every dollar of asset and which needed to be more than 30.</li>\n</ul>\n<p>This has left us with nine names that are rich in cash and efficient with their capital deployment. They are more likely to continue marching ahead even when the Fed takes its feet off the gas. Wall Street consensus shows that analysts expect to see more upside in all these stocks in the next 12 months.</p>\n<p>The nine are: United Parcel Service (UPS), Union Pacific (UNP), Deere (DE), 3M (MMM), Lockheed Martin (LMT), Northrop Grumman (NOC), LyondellBasell Industries (LYB), W.W. Grainger (GWW), and Celanese (CE).</p>\n<p><img src=\"https://static.tigerbbs.com/b7fc6f35ee6d688711cdc84408c9c7bc\" tg-width=\"2600\" tg-height=\"900\" width=\"100%\" height=\"auto\"></p>","source":"lsy1610680873436","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>9 Cash-Rich Stocks That Can Better Weather the Fed’s Taper Risks</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\">\n9 Cash-Rich Stocks That Can Better Weather the Fed’s Taper Risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 08:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stocks-that-can-weather-fed-taper-risks-51630171767?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors have been waiting for the Federal Reserve to rein in its monetary support as the economy stays on track for a healthy rebound from the Covid-19 pandemic.\nIn response to the pandemic last ...</p>\n\n<a href=\"https://www.barrons.com/articles/stocks-that-can-weather-fed-taper-risks-51630171767?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UNP":"联合太平洋","UPS":"联合包裹","CE":"塞拉尼斯","MMM":"3M","DE":"迪尔股份有限公司","LMT":"洛克希德马丁","GWW":"美国固安捷","LYB":"利安德巴塞尔","NOC":"诺斯罗普格鲁曼"},"source_url":"https://www.barrons.com/articles/stocks-that-can-weather-fed-taper-risks-51630171767?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181079166","content_text":"Investors have been waiting for the Federal Reserve to rein in its monetary support as the economy stays on track for a healthy rebound from the Covid-19 pandemic.\nIn response to the pandemic last year, the Fed launched an emergency bond-buying program that includes $120 billion in monthly purchase of Treasury and mortgage-backed securities purchases. At the central bank’s virtual Jackson Hole conference on Friday, Fed Chairman Jerome Powell reiterated that a taper—the term referring to the Fed’s wind-down of asset purchasing—might be coming by the end of this year. Many analysts expect Powell to offer more details at the Federal Open Market Committee’s September or November meetings.\nAlthough Powell has struck a relatively dovish tone on the tapering plan, some worry that both the stock and bond markets could see some volatility following the move in a “taper tantrum.”\nStill, even if there is such a selloff, some stocks would survive better than others. The last time the Fed slowed down its pace of bond buying, in May 2013, the best-performing sectors in the following months were materials and industrials.\nThis time around, these sectors have even more tailwinds behind them. The $1.2 trillion Infrastructure Investment and Jobs Act has recently passed the Senate. If passed by the House and signed into law, the act will give companies in the material and industrial sector a significant revenue boost in the next few years. This could offset some of the headwinds from the Fed.\nLess Fed money in the market could cause trouble for companies that are tight on cash and reliant on funds raised from the bond market. Within these sectors, investors should look for companies that have more cash on their balance sheets and can make efficient use of them.\nBarron’s screened for S&P 500 stocks within the industrial and material sectors that meet three criteria:\n\nCash flow per share, which indicates how much cash a company generates for each outstanding share. For the purposes of our screen, it needed to be more than 10.\nThe share price to cash flow, indicating how much investors pay for every dollar of cash flow, which needed to be lower than 20;\nThe return on equity, which determines how much profit a company earns for every dollar of asset and which needed to be more than 30.\n\nThis has left us with nine names that are rich in cash and efficient with their capital deployment. They are more likely to continue marching ahead even when the Fed takes its feet off the gas. Wall Street consensus shows that analysts expect to see more upside in all these stocks in the next 12 months.\nThe nine are: United Parcel Service (UPS), Union Pacific (UNP), Deere (DE), 3M (MMM), Lockheed Martin (LMT), Northrop Grumman (NOC), LyondellBasell Industries (LYB), W.W. Grainger (GWW), and Celanese (CE).","news_type":1},"isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3583109252998837","authorId":"3583109252998837","name":"oddox","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"idStr":"3583109252998837","authorIdStr":"3583109252998837"},"content":"good luck","text":"good luck","html":"good luck"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9082656426,"gmtCreate":1650564401824,"gmtModify":1676534752920,"author":{"id":"4091169623174150","authorId":"4091169623174150","name":"KongSH","avatar":"https://static.tigerbbs.com/4db5a338d9f077992726659f508a7685","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091169623174150","authorIdStr":"4091169623174150"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CFA.SI\">$NikkoAM-STC Asia REIT(CFA.SI)$</a>generally safe investment&nbsp;","listText":"<a href=\"https://ttm.financial/S/CFA.SI\">$NikkoAM-STC Asia REIT(CFA.SI)$</a>generally safe investment&nbsp;","text":"$NikkoAM-STC Asia REIT(CFA.SI)$generally safe investment","images":[{"img":"https://community-static.tradeup.com/news/9ba6dd95c27be3296510a04faff64978","width":"750","height":"1516"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9082656426","isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","crmLevel":6,"crmLevelSwitch":1,"idStr":"3559581955535845","authorIdStr":"3559581955535845"},"content":"Yes that is true","text":"Yes that is true","html":"Yes that is true"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9083594864,"gmtCreate":1650137792604,"gmtModify":1676534653612,"author":{"id":"4091169623174150","authorId":"4091169623174150","name":"KongSH","avatar":"https://static.tigerbbs.com/4db5a338d9f077992726659f508a7685","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091169623174150","authorIdStr":"4091169623174150"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BSL.SI\">$RAFFLES MEDICAL GROUP LTD(BSL.SI)$</a>quite a safe investment&nbsp;","listText":"<a href=\"https://ttm.financial/S/BSL.SI\">$RAFFLES MEDICAL GROUP LTD(BSL.SI)$</a>quite a safe investment&nbsp;","text":"$RAFFLES MEDICAL GROUP LTD(BSL.SI)$quite a safe investment","images":[{"img":"https://community-static.tradeup.com/news/30a1dfa4a9704c994f0a5ce6ba5f6117","width":"750","height":"1516"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9083594864","isVote":1,"tweetType":1,"viewCount":320,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","crmLevel":6,"crmLevelSwitch":1,"idStr":"3559581955535845","authorIdStr":"3559581955535845"},"content":"Yes I agree with you","text":"Yes I agree with you","html":"Yes I agree with you"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9040621353,"gmtCreate":1655658555372,"gmtModify":1676535679386,"author":{"id":"4091169623174150","authorId":"4091169623174150","name":"KongSH","avatar":"https://static.tigerbbs.com/4db5a338d9f077992726659f508a7685","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091169623174150","authorIdStr":"4091169623174150"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/03690\">$MEITUAN-W(03690)$</a>rebouncing well&nbsp;","listText":"<a href=\"https://ttm.financial/S/03690\">$MEITUAN-W(03690)$</a>rebouncing well&nbsp;","text":"$MEITUAN-W(03690)$rebouncing well","images":[{"img":"https://community-static.tradeup.com/news/7cb8d5dd670efc536474b9f19dd1bc7d","width":"828","height":"2448"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9040621353","isVote":1,"tweetType":1,"viewCount":366,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":885385792,"gmtCreate":1631757085416,"gmtModify":1676530627241,"author":{"id":"4091169623174150","authorId":"4091169623174150","name":"KongSH","avatar":"https://static.tigerbbs.com/4db5a338d9f077992726659f508a7685","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091169623174150","authorIdStr":"4091169623174150"},"themes":[],"htmlText":"Wishing everyone to the Moon ??","listText":"Wishing everyone to the Moon ??","text":"Wishing everyone to the Moon ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/885385792","repostId":"2167185235","repostType":4,"repost":{"id":"2167185235","kind":"news","pubTimestamp":1631752106,"share":"https://ttm.financial/m/news/2167185235?lang=&edition=fundamental","pubTime":"2021-09-16 08:28","market":"us","language":"en","title":"First all-civilian crew bound for orbit launches aboard SpaceX rocket ship","url":"https://stock-news.laohu8.com/highlight/detail?id=2167185235","media":"The Straits Times","summary":"CAPE CANAVERAL, FLORIDA (REUTERS) - A SpaceX rocket ship blasted off from Florida on Wednesday (Sept","content":"<div>\n<p>CAPE CANAVERAL, FLORIDA (REUTERS) - A SpaceX rocket ship blasted off from Florida on Wednesday (Sept 15) carrying a billionaire e-commerce executive and three less-wealthy private citizens he chose to...</p>\n\n<a href=\"http://www.straitstimes.com/world/united-states/spacex-go-for-launch-of-first-all-civilian-crew-bound-for-orbit\">Web Link</a>\n\n</div>\n","source":"straits_highlight","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>First all-civilian crew bound for orbit launches aboard SpaceX rocket ship</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\">\nFirst all-civilian crew bound for orbit launches aboard SpaceX rocket ship\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-16 08:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/world/united-states/spacex-go-for-launch-of-first-all-civilian-crew-bound-for-orbit><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CAPE CANAVERAL, FLORIDA (REUTERS) - A SpaceX rocket ship blasted off from Florida on Wednesday (Sept 15) carrying a billionaire e-commerce executive and three less-wealthy private citizens he chose to...</p>\n\n<a href=\"http://www.straitstimes.com/world/united-states/spacex-go-for-launch-of-first-all-civilian-crew-bound-for-orbit\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"http://www.straitstimes.com/world/united-states/spacex-go-for-launch-of-first-all-civilian-crew-bound-for-orbit","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2167185235","content_text":"CAPE CANAVERAL, FLORIDA (REUTERS) - A SpaceX rocket ship blasted off from Florida on Wednesday (Sept 15) carrying a billionaire e-commerce executive and three less-wealthy private citizens he chose to join him in the first all-civilian crew ever launched on a flight to Earth orbit.\nThe quartet of amateur space travellers, led by the American founder and chief executive of e-commerce firm Shift4 Payments Inc Jared Isaacman, lifted off at 8.03pm EDT (0003 GMT Thursday) from the Kennedy Space Centre in Cape Canaveral.\nA SpaceX webcast of the launch showed Isaacman, 38, and his crewmates – Sian Proctor, 51, Hayley Arceneaux, 29, and Chris Sembroski, 42 – strapped into the pressurised cabin of their gleaming white SpaceX Crew Dragon capsule, dubbed Resilience, wearing their helmeted black-and-white flight suits.\nThe capsule roared into the Florida sky perched atop one of the company’s reusable two-stage Falcon 9 rockets and fitted with a special observation dome in place of its usual docking hatch.\nThe flight, the first crewed mission headed to orbit with no professional astronauts along for the ride, is expected to last about three days from launch to splashdown in the Atlantic, mission officials said.\nIt marked the debut flight of SpaceX owner Elon Musk’s new orbital tourism business, and a leap ahead of competitors likewise offering rides on rocket ships to customers willing to pay a small fortune for the exhilaration – and bragging rights - of spaceflight.\nIsaacman has paid an undisclosed sum to fellow billionaire Musk to send himself and his three crewmates aloft. Time magazine has put the ticket price for all four seats at US$200 million (S$268 million).\nThe mission, called Inspiration4, was conceived by Isaacman mainly to raise awareness and support for one of his favorite causes, St. Jude Children's Research Hospital, a leading pediatric cancer center in Memphis, Tennessee.\nInspiration4 is aiming for an orbital altitude of 360 miles (575 km) above Earth, higher than the International Space Station or Hubble Space Telescope. At that height, the Crew Dragon will circle the globe once every 90 minutes at a speed of some 27,360 kph, or roughly 22 times the speed of sound.\nRival companies Virgin Galactic and Blue Origin inaugurated their own private-astronaut services this summer, with their respective founding executives, billionaires Richard Branson and Jeff Bezos, each going along for the ride.\nThose suborbital flights, lasting a matter of minutes, were short hops compared with Inspiration4's spaceflight profile.\nSpaceX already ranks as the most well-established player in the burgeoning constellation of commercial rocket ventures, having launched numerous cargo payloads and astronauts to the International Space Station for NASA. Two of its Dragon capsules are docked there already.\nThe Inspiration4 crew will have no part to play in flying the spacecraft, which will be operated by ground-based flight teams and onboard guidance systems, even though two crew members are licensed pilots.\n\nA SpaceX Falcon 9 with the Crew Dragon capsule is seen before launch at the Kennedy Space Center in Cape Canaveral, Florida, on Sept 15, 2021. PHOTO: REUTERS\nIsaacman, who is rated to fly commercial and military jets, has assumed the role of mission \"commander,\" while Proctor, a geoscientist and former NASA astronaut candidate, has been designated as the mission \"pilot.\" Rounding out the crew are \"chief medical officer\" Arceneaux, a bone cancer survivor turned St. Jude physician assistant, and mission \"specialist\" Sembroski, a US Air Force veteran and aerospace data engineer.\nThe four crewmates have spent five months in rigorous preparations, including altitude fitness, centrifuge (G-force), microgravity and simulator training, emergency drills, classroom work and medical exams.\nInspiration4 officials have said the mission is more than a joyride.\nOnce in orbit, the crew will perform a series of medical experiments with \"potential applications for human health on Earth and during future spaceflights,\" the group said in media materials.\nBiomedical data and biological samples, including ultrasound scans, will also be collected from crew members before, during and after the flight.\n\"The crew of Inspiration4 is eager to use our mission to help make a better future for those who will launch in the years and decades to come,\" Isaacman said in a statement.","news_type":1},"isVote":1,"tweetType":1,"viewCount":258,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3577347851898435","authorId":"3577347851898435","name":"MarketPulse","avatar":"https://static.tigerbbs.com/d6b16f1b86e7977d1bb375d78b71b51d","crmLevel":5,"crmLevelSwitch":1,"idStr":"3577347851898435","authorIdStr":"3577347851898435"},"content":"Will bring Tesla to the moon","text":"Will bring Tesla to the moon","html":"Will bring Tesla to the moon"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9043669158,"gmtCreate":1655917911674,"gmtModify":1676535731787,"author":{"id":"4091169623174150","authorId":"4091169623174150","name":"KongSH","avatar":"https://static.tigerbbs.com/4db5a338d9f077992726659f508a7685","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091169623174150","authorIdStr":"4091169623174150"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CFA.SI\">$NikkoAM-STC Asia REIT(CFA.SI)$</a>defence stock to accumulate?","listText":"<a href=\"https://ttm.financial/S/CFA.SI\">$NikkoAM-STC Asia REIT(CFA.SI)$</a>defence stock to accumulate?","text":"$NikkoAM-STC Asia REIT(CFA.SI)$defence stock to accumulate?","images":[{"img":"https://community-static.tradeup.com/news/0f154f01c7bb19404010dfa979c776ef","width":"828","height":"2046"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043669158","isVote":1,"tweetType":1,"viewCount":138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":888099844,"gmtCreate":1631411554188,"gmtModify":1676530542441,"author":{"id":"4091169623174150","authorId":"4091169623174150","name":"KongSH","avatar":"https://static.tigerbbs.com/4db5a338d9f077992726659f508a7685","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091169623174150","authorIdStr":"4091169623174150"},"themes":[],"htmlText":"everyone have a Great Sunday and prepare to make more money on Monday!!! Huat Ah!!! ??","listText":"everyone have a Great Sunday and prepare to make more money on Monday!!! Huat Ah!!! ??","text":"everyone have a Great Sunday and prepare to make more money on Monday!!! Huat Ah!!! ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/888099844","repostId":"1105074635","repostType":4,"repost":{"id":"1105074635","kind":"news","pubTimestamp":1631321029,"share":"https://ttm.financial/m/news/1105074635?lang=&edition=fundamental","pubTime":"2021-09-11 08:43","market":"us","language":"en","title":"The S&P 500 Has Had a Good Run. Why Wall Street Thinks a Pullback Is Coming.","url":"https://stock-news.laohu8.com/highlight/detail?id=1105074635","media":"Barrons","summary":"S&P 500 index funds will tumble by Christmas, one Wall Street strategist predicts. Not necessarily, ","content":"<p>S&amp;P 500 index funds will tumble by Christmas, one Wall Street strategist predicts. Not necessarily, says another—but they’ll lose money over the next decade. I can’t decide whether to panic or just sulk.</p>\n<p>The index decides the fate of more than $5 trillion in linked investor assets. My only exposure is in my retirement, joint, college, healthcare, and, come to think of it, all other investment accounts. I don’t think my Chipotle Rewards account is affected, but I haven’t read the small print.</p>\n<p>The concern, of course, is that S&amp;P 500 trackers have had it too good for too long. The index has returned 376% over the past decade, or close to 17% a year, compounded. Among active managers tasked with beating the index, four out of five failed during the 10 years through 2020.</p>\n<p>For Bogleheads, as devotees of the late Vanguard founder and indexing pioneer John Bogle call themselves, the explanation is simple: Stock-picking is futile. But if that’s so, the typical active manager should do no better or worse than indexes on underlying stock performance, and underperform only to the extent he or she charges extra fees. In fact, they have trailed over 10 years by an average of 2.5% a year. Stinking that badly is a skill of its own—one that theoretically shouldn’t exist.</p>\n<p>Another explanation is that the S&amp;P 500’s popularity has created its own tailwind. “Flows into index funds raise the prices of large stocks,” conclude researchers from Michigan State University, the London School of Economics, and the University of California, Irvine,in a working paper&nbsp;that has been circulating since late last year. By now, you’ve heard that five companies&nbsp;—&nbsp;Apple,Microsoft,Alphabet,Amazon.com,and&nbsp;Facebook—combined for one-quarter of the S&amp;P 500’s market value. But all are still growing nicely, so why worry now?</p>\n<p>This past Tuesday, Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management, predicted a 10% to 15% slide for the S&amp;P 500 before year’s end, but she says that doesn’t make her bearish. She points out that most 12-month stretches contain a big pullback for the index, but that we haven’t had one since March 2020. Tech giants, she has noticed, have lately traded hand-in-hand with Treasuries, suggesting that investors have come to view them as havens.</p>\n<p>“Owning the index today in a global context is a relatively defensive position, and we believe that it’s time to play offense,” she says.</p>\n<p>In Shalett’s view, interest rates will rise as global economies rebound, putting pressure on stock valuations. She predicts upside earnings surprises and stock outperformance for cyclical sectors like financials, industrials, energy, and materials, and for some pockets of consumer services and healthcare. “We’re very excited about buying a lot of different stocks,” she says. “We’re just not super-psyched about owning the index.”</p>\n<p>On Wednesday, Bank of America Securities issued a similarly mixed signal. It raised its year-end S&amp;P 500 target from 3800 all the way to 4250, which sounds optimistic. But it referred to the change as a mark to market—something typically done obligingly by accountants, not enthusiastically by forecasters. Also, the new target implies a decline of 5% or so from recent levels. Indexers have already made an easy 20% this year, so why sweat a holiday haircut? Because the bank is also predicting a 10-year average loss in the index of 0.8% a year.</p>\n<p>It’s devilishly difficult to predict short-term stock market returns. I tend to follow such forecasts more for the rationales than the targets. But long-term returns might be more closely linked than short-term ones to starting valuations, making forecasting more feasible. BofA says one measure has predicted about 80% of 10-year returns for the S&amp;P 500 since 1987: the ratio of the index’s price to what the bank calls its normalized earnings for the past 12 months. A typical reading is 19. The latest is 29. That has nudged the model’s predicted 10-year return below zero for the first time since 1999.</p>\n<p>BofA’s prescription is to buy dividend-growers and inflation beneficiaries like energy, financials, and materials. It also likes small-cap stocks, which it says are more closely tied than large-caps to U.S. economic growth, and have valuations that point to positive 10-year returns.</p>","source":"lsy1601382232898","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>The S&P 500 Has Had a Good Run. Why Wall Street Thinks a Pullback Is Coming.</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\">\nThe S&P 500 Has Had a Good Run. Why Wall Street Thinks a Pullback Is Coming.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-11 08:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/sp-500-index-is-looking-vulnerable-51631313125?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>S&P 500 index funds will tumble by Christmas, one Wall Street strategist predicts. Not necessarily, says another—but they’ll lose money over the next decade. I can’t decide whether to panic or just ...</p>\n\n<a href=\"https://www.barrons.com/articles/sp-500-index-is-looking-vulnerable-51631313125?mod=hp_LATEST\">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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.barrons.com/articles/sp-500-index-is-looking-vulnerable-51631313125?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105074635","content_text":"S&P 500 index funds will tumble by Christmas, one Wall Street strategist predicts. Not necessarily, says another—but they’ll lose money over the next decade. I can’t decide whether to panic or just sulk.\nThe index decides the fate of more than $5 trillion in linked investor assets. My only exposure is in my retirement, joint, college, healthcare, and, come to think of it, all other investment accounts. I don’t think my Chipotle Rewards account is affected, but I haven’t read the small print.\nThe concern, of course, is that S&P 500 trackers have had it too good for too long. The index has returned 376% over the past decade, or close to 17% a year, compounded. Among active managers tasked with beating the index, four out of five failed during the 10 years through 2020.\nFor Bogleheads, as devotees of the late Vanguard founder and indexing pioneer John Bogle call themselves, the explanation is simple: Stock-picking is futile. But if that’s so, the typical active manager should do no better or worse than indexes on underlying stock performance, and underperform only to the extent he or she charges extra fees. In fact, they have trailed over 10 years by an average of 2.5% a year. Stinking that badly is a skill of its own—one that theoretically shouldn’t exist.\nAnother explanation is that the S&P 500’s popularity has created its own tailwind. “Flows into index funds raise the prices of large stocks,” conclude researchers from Michigan State University, the London School of Economics, and the University of California, Irvine,in a working paper that has been circulating since late last year. By now, you’ve heard that five companies — Apple,Microsoft,Alphabet,Amazon.com,and Facebook—combined for one-quarter of the S&P 500’s market value. But all are still growing nicely, so why worry now?\nThis past Tuesday, Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management, predicted a 10% to 15% slide for the S&P 500 before year’s end, but she says that doesn’t make her bearish. She points out that most 12-month stretches contain a big pullback for the index, but that we haven’t had one since March 2020. Tech giants, she has noticed, have lately traded hand-in-hand with Treasuries, suggesting that investors have come to view them as havens.\n“Owning the index today in a global context is a relatively defensive position, and we believe that it’s time to play offense,” she says.\nIn Shalett’s view, interest rates will rise as global economies rebound, putting pressure on stock valuations. She predicts upside earnings surprises and stock outperformance for cyclical sectors like financials, industrials, energy, and materials, and for some pockets of consumer services and healthcare. “We’re very excited about buying a lot of different stocks,” she says. “We’re just not super-psyched about owning the index.”\nOn Wednesday, Bank of America Securities issued a similarly mixed signal. It raised its year-end S&P 500 target from 3800 all the way to 4250, which sounds optimistic. But it referred to the change as a mark to market—something typically done obligingly by accountants, not enthusiastically by forecasters. Also, the new target implies a decline of 5% or so from recent levels. Indexers have already made an easy 20% this year, so why sweat a holiday haircut? Because the bank is also predicting a 10-year average loss in the index of 0.8% a year.\nIt’s devilishly difficult to predict short-term stock market returns. I tend to follow such forecasts more for the rationales than the targets. But long-term returns might be more closely linked than short-term ones to starting valuations, making forecasting more feasible. BofA says one measure has predicted about 80% of 10-year returns for the S&P 500 since 1987: the ratio of the index’s price to what the bank calls its normalized earnings for the past 12 months. A typical reading is 19. The latest is 29. That has nudged the model’s predicted 10-year return below zero for the first time since 1999.\nBofA’s prescription is to buy dividend-growers and inflation beneficiaries like energy, financials, and materials. It also likes small-cap stocks, which it says are more closely tied than large-caps to U.S. economic growth, and have valuations that point to positive 10-year returns.","news_type":1},"isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":833698663,"gmtCreate":1629235719352,"gmtModify":1676529972130,"author":{"id":"4091169623174150","authorId":"4091169623174150","name":"KongSH","avatar":"https://static.tigerbbs.com/4db5a338d9f077992726659f508a7685","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091169623174150","authorIdStr":"4091169623174150"},"themes":[],"htmlText":"wish that whatever we buy, make money for us ??","listText":"wish that whatever we buy, make money for us ??","text":"wish that whatever we buy, make money for us ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/833698663","repostId":"2160062252","repostType":4,"repost":{"id":"2160062252","kind":"highlight","pubTimestamp":1629212340,"share":"https://ttm.financial/m/news/2160062252?lang=&edition=fundamental","pubTime":"2021-08-17 22:59","market":"us","language":"en","title":"These Growth Stocks Could Help You Beat a Market Crash","url":"https://stock-news.laohu8.com/highlight/detail?id=2160062252","media":"Motley Fool","summary":"Long-term investors have the luxury of viewing market downturns as buying opportunities.","content":"<blockquote>\n <b>Long-term investors have the luxury of viewing market downturns as buying opportunities.</b>\n</blockquote>\n<p><b>Key Points</b></p>\n<ul>\n <li>Bear markets can happen quickly, but bull markets tend to last longer and run higher.</li>\n <li>AI chipmaker Nvidia is expanding its data center compute platform.</li>\n <li>Salesforce.com helps its clients build and maintain meaningful customer relationships.</li>\n</ul>\n<p>Here's the bad news: Since 1957, the <b>S&amp;P 500</b> has fallen by 20% (or more) on 10 different occasions. In other words, bear markets take place about once every six years. And on average, these downturns have lasted 390 days, with the index falling 36% from its high.</p>\n<p>Here's the good news: Over the same period, the typical bull market has run for 2,100 days, sending the index up 192%. Put another way, bull markets tend to erase all losses and then some. That's why market downturns are often a buying opportunity.</p>\n<p>So how can you beat a market crash? First, don't panic sell. Remember that every past downturn has ended with the market hitting new highs. Second, have a game plan. Keep a watch list of stocks you plan to buy if prices plummet. For instance, <b>Nvidia</b> and <b><a href=\"https://laohu8.com/S/CRM\">Salesforce</a>.com</b> are on my list. Here's why.</p>\n<p><img src=\"https://static.tigerbbs.com/3ca36c9b5ef5b57df19bc8d32ec089a2\" tg-width=\"700\" tg-height=\"496\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images</p>\n<p>1. Nvidia</p>\n<p>In 1999, Nvidia invented the graphics processing unit, a semiconductor designed to process data very quickly. Not surprisingly, these chips excel at compute-intensive tasks like analytics and artificial intelligence, and Nvidia's brand name has become synonymous with high-performance computing.</p>\n<p>To reinforce that advantage, Nvidia acquired networking specialist Mellanox last year. Since then, the two have collaborated to deliver a brand new chip: the data processing unit. This chip offloads networking tasks, freeing central processing units to run applications, which boosts data center performance and security.</p>\n<p>Of course, a new product is good for Nvidia's top line, but there's a bigger picture taking shape. As Nvidia's computing platform expands (i.e., <a href=\"https://laohu8.com/S/AONE.U\">one</a> chip to two chips), the company can build more comprehensive solutions for its data center clients. For instance, the DGX SuperPOD&nbsp;combines Nvidia GPUs and DPUs into a single supercomputer, delivering a turnkey solution for enterprise AI.</p>\n<p>Not surprisingly, Nvidia has reported impressive financial results in recent years.</p>\n<table>\n <thead>\n  <tr>\n   <th><p>Metric</p></th>\n   <th><p>Q1 2018 (TTM)</p></th>\n   <th><p>Q1 2022 (TTM)</p></th>\n   <th><p>CAGR</p></th>\n  </tr>\n </thead>\n <tbody>\n  <tr>\n   <td><p>Revenue</p></td>\n   <td><p>$7.5 billion</p></td>\n   <td><p>$19.3 billion</p></td>\n   <td><p>27%</p></td>\n  </tr>\n  <tr>\n   <td><p>Free cash flow</p></td>\n   <td><p>$1.5 billion</p></td>\n   <td><p>$5.5 billion</p></td>\n   <td><p>38%</p></td>\n  </tr>\n </tbody>\n</table>\n<p>Looking ahead, I think Nvidia can maintain this momentum. In April, the company unveiled the Grace CPU, once again extending its computing platform. This new data center chip will launch in 2023, featuring energy efficient ARM cores. More importantly, it will deliver 10 times the performance of today's fastest servers, helping clients tackle complex AI workloads.</p>\n<p>Here's the bottom line: Artificial intelligence is one of the most transformative technologies ever invented by the human race, and it will reshape the world in the years ahead. More to the point, Nvidia values the data center market at $100 billion&nbsp;by 2024. And as the industry leader, it's well positioned to capitalize on that opportunity. That's why this growth stock looks like a smart investment, especially if a market crash slashes the share price.</p>\n<p>2. Salesforce</p>\n<p>Salesforce specializes in customer relationship management. Its Customer 360 platform comprises a range of software designed to unify data across sales, services, marketing, and commerce, driving productivity by giving brands a complete view of each customer.</p>\n<p>The cloud platform also includes tools for AI-powered insights and visual analytics, as well as low-code software development and external data integration. In short, Salesforce is an end-to-end solution for CRM, helping clients handle every stage of the customer lifecycle.</p>\n<p>Recently, research firm <b>Gartner</b> recognized Salesforce as the CRM industry leader, suggesting that the company has a greater ability to execute and a more complete vision than any of its rivals. Moreover, the International Data Corp. puts Salesforce's market share at 19.5%&nbsp;-- more than its next four competitors combined.</p>\n<p>Not surprisingly, this dominance has helped the company grow quickly; and today, it serves over 150,000 clients.</p>\n<table>\n <thead>\n  <tr>\n   <th><p>Metric</p></th>\n   <th><p>Q1 2018 (TTM)</p></th>\n   <th><p>Q1 2022 (TTM)</p></th>\n   <th><p>CAGR</p></th>\n  </tr>\n </thead>\n <tbody>\n  <tr>\n   <td><p>Revenue</p></td>\n   <td><p>$8.9 billion</p></td>\n   <td><p>$22.4 billion</p></td>\n   <td><p>26%</p></td>\n  </tr>\n  <tr>\n   <td><p>Free cash flow</p></td>\n   <td><p>$1.8 billion</p></td>\n   <td><p>$5.6 billion</p></td>\n   <td><p>33%</p></td>\n  </tr>\n </tbody>\n</table>\n<p>Management values the CRM market at $175 billion&nbsp;by fiscal 2025, representing 11% annualized growth. Of course, Salesforce has been growing much faster in recent years, and if it can maintain that momentum, the company is well positioned to take more market share.</p>\n<p>Here's the bottom line: If the market crashes, Salesforce stock will likely plunge right alongside the broader indexes. But that's OK! Short-term headwinds give long-term investors a chance to buy shares on sale. And given Salesforce's solid competitive position and strong prospects for future growth, that looks like a smart decision.</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>These Growth Stocks Could Help You Beat a Market Crash</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\">\nThese Growth Stocks Could Help You Beat a Market Crash\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 22:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/17/growth-stocks-help-you-beat-market-crash-nvidia/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Long-term investors have the luxury of viewing market downturns as buying opportunities.\n\nKey Points\n\nBear markets can happen quickly, but bull markets tend to last longer and run higher.\nAI chipmaker...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/17/growth-stocks-help-you-beat-market-crash-nvidia/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","CRM":"赛富时"},"source_url":"https://www.fool.com/investing/2021/08/17/growth-stocks-help-you-beat-market-crash-nvidia/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160062252","content_text":"Long-term investors have the luxury of viewing market downturns as buying opportunities.\n\nKey Points\n\nBear markets can happen quickly, but bull markets tend to last longer and run higher.\nAI chipmaker Nvidia is expanding its data center compute platform.\nSalesforce.com helps its clients build and maintain meaningful customer relationships.\n\nHere's the bad news: Since 1957, the S&P 500 has fallen by 20% (or more) on 10 different occasions. In other words, bear markets take place about once every six years. And on average, these downturns have lasted 390 days, with the index falling 36% from its high.\nHere's the good news: Over the same period, the typical bull market has run for 2,100 days, sending the index up 192%. Put another way, bull markets tend to erase all losses and then some. That's why market downturns are often a buying opportunity.\nSo how can you beat a market crash? First, don't panic sell. Remember that every past downturn has ended with the market hitting new highs. Second, have a game plan. Keep a watch list of stocks you plan to buy if prices plummet. For instance, Nvidia and Salesforce.com are on my list. Here's why.\n\nImage source: Getty Images\n1. Nvidia\nIn 1999, Nvidia invented the graphics processing unit, a semiconductor designed to process data very quickly. Not surprisingly, these chips excel at compute-intensive tasks like analytics and artificial intelligence, and Nvidia's brand name has become synonymous with high-performance computing.\nTo reinforce that advantage, Nvidia acquired networking specialist Mellanox last year. Since then, the two have collaborated to deliver a brand new chip: the data processing unit. This chip offloads networking tasks, freeing central processing units to run applications, which boosts data center performance and security.\nOf course, a new product is good for Nvidia's top line, but there's a bigger picture taking shape. As Nvidia's computing platform expands (i.e., one chip to two chips), the company can build more comprehensive solutions for its data center clients. For instance, the DGX SuperPOD combines Nvidia GPUs and DPUs into a single supercomputer, delivering a turnkey solution for enterprise AI.\nNot surprisingly, Nvidia has reported impressive financial results in recent years.\n\n\n\nMetric\nQ1 2018 (TTM)\nQ1 2022 (TTM)\nCAGR\n\n\n\n\nRevenue\n$7.5 billion\n$19.3 billion\n27%\n\n\nFree cash flow\n$1.5 billion\n$5.5 billion\n38%\n\n\n\nLooking ahead, I think Nvidia can maintain this momentum. In April, the company unveiled the Grace CPU, once again extending its computing platform. This new data center chip will launch in 2023, featuring energy efficient ARM cores. More importantly, it will deliver 10 times the performance of today's fastest servers, helping clients tackle complex AI workloads.\nHere's the bottom line: Artificial intelligence is one of the most transformative technologies ever invented by the human race, and it will reshape the world in the years ahead. More to the point, Nvidia values the data center market at $100 billion by 2024. And as the industry leader, it's well positioned to capitalize on that opportunity. That's why this growth stock looks like a smart investment, especially if a market crash slashes the share price.\n2. Salesforce\nSalesforce specializes in customer relationship management. Its Customer 360 platform comprises a range of software designed to unify data across sales, services, marketing, and commerce, driving productivity by giving brands a complete view of each customer.\nThe cloud platform also includes tools for AI-powered insights and visual analytics, as well as low-code software development and external data integration. In short, Salesforce is an end-to-end solution for CRM, helping clients handle every stage of the customer lifecycle.\nRecently, research firm Gartner recognized Salesforce as the CRM industry leader, suggesting that the company has a greater ability to execute and a more complete vision than any of its rivals. Moreover, the International Data Corp. puts Salesforce's market share at 19.5% -- more than its next four competitors combined.\nNot surprisingly, this dominance has helped the company grow quickly; and today, it serves over 150,000 clients.\n\n\n\nMetric\nQ1 2018 (TTM)\nQ1 2022 (TTM)\nCAGR\n\n\n\n\nRevenue\n$8.9 billion\n$22.4 billion\n26%\n\n\nFree cash flow\n$1.8 billion\n$5.6 billion\n33%\n\n\n\nManagement values the CRM market at $175 billion by fiscal 2025, representing 11% annualized growth. Of course, Salesforce has been growing much faster in recent years, and if it can maintain that momentum, the company is well positioned to take more market share.\nHere's the bottom line: If the market crashes, Salesforce stock will likely plunge right alongside the broader indexes. But that's OK! Short-term headwinds give long-term investors a chance to buy shares on sale. And given Salesforce's solid competitive position and strong prospects for future growth, that looks like a smart decision.","news_type":1},"isVote":1,"tweetType":1,"viewCount":183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830069637,"gmtCreate":1628993869829,"gmtModify":1676529905681,"author":{"id":"4091169623174150","authorId":"4091169623174150","name":"KongSH","avatar":"https://static.tigerbbs.com/4db5a338d9f077992726659f508a7685","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091169623174150","authorIdStr":"4091169623174150"},"themes":[],"htmlText":"a good read ??","listText":"a good read ??","text":"a good read ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/830069637","repostId":"2159214569","repostType":4,"repost":{"id":"2159214569","kind":"highlight","pubTimestamp":1628989290,"share":"https://ttm.financial/m/news/2159214569?lang=&edition=fundamental","pubTime":"2021-08-15 09:01","market":"us","language":"en","title":"How to value Nio's stock compared to Tesla, VW, Ford and other rivals","url":"https://stock-news.laohu8.com/highlight/detail?id=2159214569","media":"MarkeWatch","summary":"Nio may be a relatively small company. But investors are bullish on the Chinese electric-vehicle maker's prospects.That might make sense to you as an investor -- after all, Nio is an innovative company that sells only electric vehicles. Ford is a legacy auto maker that is working to catch up and eventually make a full transition to electric vehicles. Shares of Nio have more than tripled in the past year, while Ford's have almost doubled after cratering in the previous decade.So where does Nio $$","content":"<p>Nio may be a relatively small company. But investors are bullish on the Chinese electric-vehicle maker's prospects.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/459f713c5dfcf08752165d643a5f1463\" tg-width=\"700\" tg-height=\"525\" width=\"100%\" height=\"auto\"><span>A Nio store in downtown Shanghai. (Getty Images)</span></p>\n<p>Chinese electric-vehicle maker Nio Inc., which sells no cars in the U.S., has a market capitalization of $60.2 billion. By that measure, it is larger than Ford Motor Co., which was founded in 1903.</p>\n<p>That might make sense to you as an investor -- after all, Nio is an innovative company that sells only electric vehicles. Ford is a legacy auto maker that is working to catch up and eventually make a full transition to electric vehicles. Shares of Nio have more than tripled in the past year, while Ford's have almost doubled after cratering in the previous decade.</p>\n<p>So where does Nio <a href=\"https://laohu8.com/S/NIO\">$(NIO)$</a>, which reported second-quarter results after the stock market closes Wednesday, fit in an investment thesis? Below are screens showing how its stock valuation compares to vehicle production, and how that valuation relates to projected earnings through 2025.</p>\n<p><b>Doubling car production</b></p>\n<p>For the second quarter, Nio delivered 21,896 vehicles for a 112% increase from a year earlier. The growth is impressive, but the total number of vehicles sold is still relatively small.</p>\n<p>Here's a look at the 10 largest auto makers by market capitalization, along with their second-quarter sales or delivery numbers (whichever was higher, if both were reported) and additional color below the table:</p>\n<img src=\"https://static.tigerbbs.com/d9e9aed76c94544dbe44cde9f7c8bebc\" tg-width=\"931\" tg-height=\"761\" width=\"100%\" height=\"auto\">\n<table>\n <tbody>\n  <tr></tr>\n </tbody>\n</table>\n<p>You can see that those valuations are about the future, when innovators in the EV space -- Tesla Inc.&nbsp;and Nio, on this list -- may (or may not) become as large as legacy players.</p>\n<p>For now, Ford churns out mostly internal combustion engine&nbsp;vehicles at nearly 35 times the rate that Nio makes EVs.</p>\n<p>One thing to be aware of is that the legacy auto makers don't all report their unit sales the same way. Most don't break out electric vehicle sales.</p>\n<p>Among those that do, definitions vary. For example, Toyota Motor Corp. (7203.TO) reported that \"electrified vehicle\" sales made up 26.6% of total auto sales during the second quarter. But that category includes:</p>\n<p>For Toyota, BEV made up only 0.2% of second-quarter sales, while they accounted for 100% of sales for Nio and Tesla. Toyota's PHEV sales made up 1.4% of the total.</p>\n<p>Volkswagen AG reports electric-vehicle sales as including PHEV, which accounted for 6.7% of second-quarter sales, or BEV, which made up 4.4% of total sales. Those are impressive numbers: a combined 11.1%.</p>\n<p>For Bayerische Motoren Werke Aktiengesellschaft , better known as BWM Group, a second-quarter breakdown of electric-vehicle deliveries isn't yet available, but for the first half of 2021, 153,243 all-electric or plug-in hybrid vehicles were delivered, or 11.4% of total deliveries.</p>\n<p><b>Valuation to earnings estimates</b></p>\n<p>For companies at early stages, comparisons of price-to-earnings ratios may not mean very much. Such companies are focusing on growth rather than profits. An example of this has been Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, which has traded at a high P/E for decades as it has worked to expand into new lines of business, at the expense of the bottom line.</p>\n<p>A high P/E ratio can reflect investors' enthusiasm for innovation and in the case of EVs, a political consensus for transforming the industry. So Nio and Tesla trade at much higher P/E ratios than the legacy auto makers.</p>\n<p>Then again, very low P/E may show too much contempt among investors for the older manufacturers, as they use their cash flow from continuing massive sales of traditional vehicles to fund their development of EVs. Opportunities may be highlighted.</p>\n<p>Normally a forward P/E ratio is calculated by dividing the share price by a rolling consensus estimate of earnings per share for 12 months. This isn't available for all the companies listed here, so we're using consensus estimates for net income for calendar 2022.</p>\n<p>First, here are P/E ratios based on current market caps and consensus 2022 estimates among analysts polled by FactSet. The table includes the annual estimates going out to 2025, and also a P/E based on current market caps and the 2025 estimates:</p>\n<img src=\"https://static.tigerbbs.com/459439c822252d09b3dfb73cc5d51211\" tg-width=\"1058\" tg-height=\"743\" width=\"100%\" height=\"auto\">\n<p>Nio is expected to become profitable in 2023. Looking out to 2024, its forward P/E is lower than that of Tesla. To put the forward P/E valuations in perspective, the S&amp;P 500 Index trades for a weighted 20.5 times consensus 2022 EPS estimates.</p>\n<p><b>Valuation to sales</b></p>\n<table>\n <tbody>\n  <tr></tr>\n  <tr></tr>\n </tbody>\n</table>\n<p>Forward price-to-sales estimates might be more useful for early-stage companies that are showing low profits or net losses. Then again, the same distortions apply: Investors love the pure-play EV makers now, and may be paying too much for them when you consider that shares of Nio have more than tripled over the past year, while Tesla's stock has risen 150%.</p>\n<p>Here's a similar set of data driving price-to-sale ratios, again using current market caps (in the first table at the top of this article) and consensus full-calendar-year estimates in millions of U.S. dollars:</p>\n<img src=\"https://static.tigerbbs.com/c8c0b7d002e07914e42fcdf0e624b25c\" tg-width=\"1051\" tg-height=\"668\" width=\"100%\" height=\"auto\">\n<p>For reference, the S&amp;P 500 trades for 2.7 times its consensus 2022 sales estimate.</p>\n<table>\n <tbody>\n  <tr></tr>\n </tbody>\n</table>\n<p><b>Analysts' opinions</b></p>\n<p>Here's a summary of opinion of the 10 auto makers among analysts polled by FactSet. For companies with primary listings outside the U.S., the local tickers are used. All share prices and targets are in local currencies:</p>\n<img src=\"https://static.tigerbbs.com/32f38063eabf2e93f73561a0454a44ac\" tg-width=\"1059\" tg-height=\"639\" width=\"100%\" height=\"auto\">\n<table>\n <tbody>\n  <tr></tr>\n </tbody>\n</table>","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>How to value Nio's stock compared to Tesla, VW, Ford and other rivals</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\">\nHow to value Nio's stock compared to Tesla, VW, Ford and other rivals\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-15 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/nio-releases-earnings-wednesday-heres-how-to-value-its-stock-compared-to-tesla-ford-and-other-rivals-11628716814?mod=mw_quote_news><strong>MarkeWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nio may be a relatively small company. But investors are bullish on the Chinese electric-vehicle maker's prospects.\nA Nio store in downtown Shanghai. (Getty Images)\nChinese electric-vehicle maker Nio ...</p>\n\n<a href=\"https://www.marketwatch.com/story/nio-releases-earnings-wednesday-heres-how-to-value-its-stock-compared-to-tesla-ford-and-other-rivals-11628716814?mod=mw_quote_news\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STLA":"Stellantis NV","GM":"通用汽车","HMC":"本田汽车","TSLA":"特斯拉","F":"福特汽车","NIO":"蔚来"},"source_url":"https://www.marketwatch.com/story/nio-releases-earnings-wednesday-heres-how-to-value-its-stock-compared-to-tesla-ford-and-other-rivals-11628716814?mod=mw_quote_news","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159214569","content_text":"Nio may be a relatively small company. But investors are bullish on the Chinese electric-vehicle maker's prospects.\nA Nio store in downtown Shanghai. (Getty Images)\nChinese electric-vehicle maker Nio Inc., which sells no cars in the U.S., has a market capitalization of $60.2 billion. By that measure, it is larger than Ford Motor Co., which was founded in 1903.\nThat might make sense to you as an investor -- after all, Nio is an innovative company that sells only electric vehicles. Ford is a legacy auto maker that is working to catch up and eventually make a full transition to electric vehicles. Shares of Nio have more than tripled in the past year, while Ford's have almost doubled after cratering in the previous decade.\nSo where does Nio $(NIO)$, which reported second-quarter results after the stock market closes Wednesday, fit in an investment thesis? Below are screens showing how its stock valuation compares to vehicle production, and how that valuation relates to projected earnings through 2025.\nDoubling car production\nFor the second quarter, Nio delivered 21,896 vehicles for a 112% increase from a year earlier. The growth is impressive, but the total number of vehicles sold is still relatively small.\nHere's a look at the 10 largest auto makers by market capitalization, along with their second-quarter sales or delivery numbers (whichever was higher, if both were reported) and additional color below the table:\n\n\n\n\n\n\nYou can see that those valuations are about the future, when innovators in the EV space -- Tesla Inc. and Nio, on this list -- may (or may not) become as large as legacy players.\nFor now, Ford churns out mostly internal combustion engine vehicles at nearly 35 times the rate that Nio makes EVs.\nOne thing to be aware of is that the legacy auto makers don't all report their unit sales the same way. Most don't break out electric vehicle sales.\nAmong those that do, definitions vary. For example, Toyota Motor Corp. (7203.TO) reported that \"electrified vehicle\" sales made up 26.6% of total auto sales during the second quarter. But that category includes:\nFor Toyota, BEV made up only 0.2% of second-quarter sales, while they accounted for 100% of sales for Nio and Tesla. Toyota's PHEV sales made up 1.4% of the total.\nVolkswagen AG reports electric-vehicle sales as including PHEV, which accounted for 6.7% of second-quarter sales, or BEV, which made up 4.4% of total sales. Those are impressive numbers: a combined 11.1%.\nFor Bayerische Motoren Werke Aktiengesellschaft , better known as BWM Group, a second-quarter breakdown of electric-vehicle deliveries isn't yet available, but for the first half of 2021, 153,243 all-electric or plug-in hybrid vehicles were delivered, or 11.4% of total deliveries.\nValuation to earnings estimates\nFor companies at early stages, comparisons of price-to-earnings ratios may not mean very much. Such companies are focusing on growth rather than profits. An example of this has been Amazon.com Inc. $(AMZN)$, which has traded at a high P/E for decades as it has worked to expand into new lines of business, at the expense of the bottom line.\nA high P/E ratio can reflect investors' enthusiasm for innovation and in the case of EVs, a political consensus for transforming the industry. So Nio and Tesla trade at much higher P/E ratios than the legacy auto makers.\nThen again, very low P/E may show too much contempt among investors for the older manufacturers, as they use their cash flow from continuing massive sales of traditional vehicles to fund their development of EVs. Opportunities may be highlighted.\nNormally a forward P/E ratio is calculated by dividing the share price by a rolling consensus estimate of earnings per share for 12 months. This isn't available for all the companies listed here, so we're using consensus estimates for net income for calendar 2022.\nFirst, here are P/E ratios based on current market caps and consensus 2022 estimates among analysts polled by FactSet. The table includes the annual estimates going out to 2025, and also a P/E based on current market caps and the 2025 estimates:\n\nNio is expected to become profitable in 2023. Looking out to 2024, its forward P/E is lower than that of Tesla. To put the forward P/E valuations in perspective, the S&P 500 Index trades for a weighted 20.5 times consensus 2022 EPS estimates.\nValuation to sales\n\n\n\n\n\n\nForward price-to-sales estimates might be more useful for early-stage companies that are showing low profits or net losses. Then again, the same distortions apply: Investors love the pure-play EV makers now, and may be paying too much for them when you consider that shares of Nio have more than tripled over the past year, while Tesla's stock has risen 150%.\nHere's a similar set of data driving price-to-sale ratios, again using current market caps (in the first table at the top of this article) and consensus full-calendar-year estimates in millions of U.S. dollars:\n\nFor reference, the S&P 500 trades for 2.7 times its consensus 2022 sales estimate.\n\n\n\n\n\nAnalysts' opinions\nHere's a summary of opinion of the 10 auto makers among analysts polled by FactSet. For companies with primary listings outside the U.S., the local tickers are used. All share prices and targets are in local currencies:","news_type":1},"isVote":1,"tweetType":1,"viewCount":142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891653036,"gmtCreate":1628388121925,"gmtModify":1703505639268,"author":{"id":"4091169623174150","authorId":"4091169623174150","name":"KongSH","avatar":"https://static.tigerbbs.com/4db5a338d9f077992726659f508a7685","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091169623174150","authorIdStr":"4091169623174150"},"themes":[],"htmlText":"Wishing&nbsp;everyone make more money ???","listText":"Wishing&nbsp;everyone make more money ???","text":"Wishing everyone make more money ???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/891653036","repostId":"1159872041","repostType":4,"repost":{"id":"1159872041","kind":"news","pubTimestamp":1628385224,"share":"https://ttm.financial/m/news/1159872041?lang=&edition=fundamental","pubTime":"2021-08-08 09:13","market":"us","language":"en","title":"Tesla Stock: Headed to $1,200?","url":"https://stock-news.laohu8.com/highlight/detail?id=1159872041","media":"Motley Fool","summary":"Tesla deliveries more than doubled year over year in Q2.Rising demand for electric vehicles could benefit Tesla.Investors should exercise caution when it comes to analysts' price targets.It's been a wild year for Teslastock. When the year started, shares initially surged more than 20%. But the stock has now given up all of those gains, with a year-to-date return of negative 1%. This means the stock has significantly underperformed the S&P 500's 18% gain this year.In February,Piper Sandler analys","content":"<p><b>Key Points</b></p>\n<ul>\n <li>Tesla deliveries more than doubled year over year in Q2.</li>\n <li>Rising demand for electric vehicles could benefit Tesla.</li>\n <li>Investors should exercise caution when it comes to analysts' price targets.</li>\n</ul>\n<p>It's been a wild year for&nbsp;<b>Tesla</b>(NASDAQ:TSLA)stock. When the year started, shares initially surged more than 20%. But the stock has now given up all of those gains, with a year-to-date return of negative 1%. This means the stock has significantly underperformed the&nbsp;<b>S&amp;P 500</b>'s 18% gain this year.</p>\n<p>But one analyst thinks the stock could take off.</p>\n<p><b>\"We still really like this stock.\"</b></p>\n<p>In February,<b>Piper Sandler</b>&nbsp;analyst Alexander Pottermade a bold call, boosting his 12-month price target for thegrowth stockfrom $515 to $1,200. He said Tesla deliveries could increase from 500,000 vehicles in 2020 to nearly 900,000 this year. Of course, this projection was made before global supply shortages worsened. Nevertheless, Tesla is growing extremely rapidly. The company's second-quarter deliveries more than doubled compared to the year-ago quarter, rising to 201,304.</p>\n<p>Following Tesla's second-quarter earnings release late last month, the analyst reiterated this target, noting that the company looks poised to benefit from market share gains, the monetization of the company's Autopilot software, and \"underappreciated opportunities\" in Tesla's energy business, which includes revenue from battery energy storage and solar energy generation products.</p>\n<p>Further, Potter pointed to Tesla's strong second-quarter operating margin of 11%, which he expects will see incremental improvement from Tesla's recently launched Autopilot subscription.</p>\n<p>On Aug. 3, Potter once again reiterated an overweight rating on the stock and a $1,200 price target, saying \"We still really like this stock.\" He pointed to growing demand for battery electric vehicles overall.</p>\n<p><b>So what gives?</b></p>\n<p>If shares could truly rise to $1,200, why do so many investors seem to think the stock is worth so much less (based on the stock's price of just under $700 at the time of this writing). After all, if $1,200 was generally viewed by investors as a likely outcome for Tesla stock within the next 12 months, shares would be trading significantly higher today.</p>\n<p>The issue boils down to the stock's forward-looking valuation. With a price-to-earnings ratio of about 370 at the time of this writing, Tesla shares are largely priced for strong growth for years to come. Since the company's valuation is based largely on profits far into the future, slight variances in views for Tesla's future growth trajectory yield dramatically different assumptions about the stock's intrinsic value today.</p>\n<p>Investors, therefore, shouldn't be quick to buy Tesla stock just because one analyst has a high price target for shares. Still, Potter does notably have some good points about Tesla's strong business momentum. Even Tesla itself reiterated guidance for vehicle deliveries to grow more than 50% this year -- and that guidance was provided during a time that many companies around the world (including Tesla) are negatively impacted by supply chain shortages. Further, Tesla management noted in its second-quarter update that demand for its vehicles was at an all-time high going into Q3.</p>\n<p>While a $1,200 price target for Tesla stock would be difficult to justify, shares may be trading low enough for investors to start a small position in the stock.</p>\n<p></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>Tesla Stock: Headed to $1,200?</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\">\nTesla Stock: Headed to $1,200?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-08 09:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/07/tesla-stock-headed-to-1200/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nTesla deliveries more than doubled year over year in Q2.\nRising demand for electric vehicles could benefit Tesla.\nInvestors should exercise caution when it comes to analysts' price targets...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/07/tesla-stock-headed-to-1200/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.fool.com/investing/2021/08/07/tesla-stock-headed-to-1200/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159872041","content_text":"Key Points\n\nTesla deliveries more than doubled year over year in Q2.\nRising demand for electric vehicles could benefit Tesla.\nInvestors should exercise caution when it comes to analysts' price targets.\n\nIt's been a wild year for Tesla(NASDAQ:TSLA)stock. When the year started, shares initially surged more than 20%. But the stock has now given up all of those gains, with a year-to-date return of negative 1%. This means the stock has significantly underperformed the S&P 500's 18% gain this year.\nBut one analyst thinks the stock could take off.\n\"We still really like this stock.\"\nIn February,Piper Sandler analyst Alexander Pottermade a bold call, boosting his 12-month price target for thegrowth stockfrom $515 to $1,200. He said Tesla deliveries could increase from 500,000 vehicles in 2020 to nearly 900,000 this year. Of course, this projection was made before global supply shortages worsened. Nevertheless, Tesla is growing extremely rapidly. The company's second-quarter deliveries more than doubled compared to the year-ago quarter, rising to 201,304.\nFollowing Tesla's second-quarter earnings release late last month, the analyst reiterated this target, noting that the company looks poised to benefit from market share gains, the monetization of the company's Autopilot software, and \"underappreciated opportunities\" in Tesla's energy business, which includes revenue from battery energy storage and solar energy generation products.\nFurther, Potter pointed to Tesla's strong second-quarter operating margin of 11%, which he expects will see incremental improvement from Tesla's recently launched Autopilot subscription.\nOn Aug. 3, Potter once again reiterated an overweight rating on the stock and a $1,200 price target, saying \"We still really like this stock.\" He pointed to growing demand for battery electric vehicles overall.\nSo what gives?\nIf shares could truly rise to $1,200, why do so many investors seem to think the stock is worth so much less (based on the stock's price of just under $700 at the time of this writing). After all, if $1,200 was generally viewed by investors as a likely outcome for Tesla stock within the next 12 months, shares would be trading significantly higher today.\nThe issue boils down to the stock's forward-looking valuation. With a price-to-earnings ratio of about 370 at the time of this writing, Tesla shares are largely priced for strong growth for years to come. Since the company's valuation is based largely on profits far into the future, slight variances in views for Tesla's future growth trajectory yield dramatically different assumptions about the stock's intrinsic value today.\nInvestors, therefore, shouldn't be quick to buy Tesla stock just because one analyst has a high price target for shares. Still, Potter does notably have some good points about Tesla's strong business momentum. Even Tesla itself reiterated guidance for vehicle deliveries to grow more than 50% this year -- and that guidance was provided during a time that many companies around the world (including Tesla) are negatively impacted by supply chain shortages. Further, Tesla management noted in its second-quarter update that demand for its vehicles was at an all-time high going into Q3.\nWhile a $1,200 price target for Tesla stock would be difficult to justify, shares may be trading low enough for investors to start a small position in the stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581996485604595","authorId":"3581996485604595","name":"BigThumb","avatar":"https://static.tigerbbs.com/d9366427dbceb4a03b5342d31b6c3aaa","crmLevel":2,"crmLevelSwitch":0,"idStr":"3581996485604595","authorIdStr":"3581996485604595"},"content":"You too [USD][USD][USD]","text":"You too [USD][USD][USD]","html":"You too [USD][USD][USD]"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9044539967,"gmtCreate":1656782061759,"gmtModify":1676535893122,"author":{"id":"4091169623174150","authorId":"4091169623174150","name":"KongSH","avatar":"https://static.tigerbbs.com/4db5a338d9f077992726659f508a7685","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091169623174150","authorIdStr":"4091169623174150"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/09633\">$NONGFU SPRING(09633)$</a>looks like on the rise?","listText":"<a href=\"https://ttm.financial/S/09633\">$NONGFU SPRING(09633)$</a>looks like on the rise?","text":"$NONGFU SPRING(09633)$looks like on the rise?","images":[{"img":"https://community-static.tradeup.com/news/2aef138fe1b6a6a4b7cb6cb0750c8dd7","width":"828","height":"2388"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9044539967","isVote":1,"tweetType":1,"viewCount":407,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9049447144,"gmtCreate":1655836496188,"gmtModify":1676535714180,"author":{"id":"4091169623174150","authorId":"4091169623174150","name":"KongSH","avatar":"https://static.tigerbbs.com/4db5a338d9f077992726659f508a7685","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091169623174150","authorIdStr":"4091169623174150"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BSL.SI\">$RAFFLES MEDICAL GROUP LTD(BSL.SI)$</a>is this a good price to accumulate?","listText":"<a href=\"https://ttm.financial/S/BSL.SI\">$RAFFLES MEDICAL GROUP LTD(BSL.SI)$</a>is this a good price to accumulate?","text":"$RAFFLES MEDICAL GROUP LTD(BSL.SI)$is this a good price to accumulate?","images":[{"img":"https://community-static.tradeup.com/news/239bc23d0f1a6911dd7a60e139e33602","width":"828","height":"2046"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9049447144","isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9049684886,"gmtCreate":1655784518145,"gmtModify":1676535705217,"author":{"id":"4091169623174150","authorId":"4091169623174150","name":"KongSH","avatar":"https://static.tigerbbs.com/4db5a338d9f077992726659f508a7685","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091169623174150","authorIdStr":"4091169623174150"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CFA.SI\">$NikkoAM-STC Asia REIT(CFA.SI)$</a>relatively safer investment","listText":"<a href=\"https://ttm.financial/S/CFA.SI\">$NikkoAM-STC Asia REIT(CFA.SI)$</a>relatively safer investment","text":"$NikkoAM-STC Asia REIT(CFA.SI)$relatively safer investment","images":[{"img":"https://community-static.tradeup.com/news/ff7069a197bcb11cc6550667f637adbf","width":"828","height":"2046"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9049684886","isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9007701674,"gmtCreate":1642995174289,"gmtModify":1676533763432,"author":{"id":"4091169623174150","authorId":"4091169623174150","name":"KongSH","avatar":"https://static.tigerbbs.com/4db5a338d9f077992726659f508a7685","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091169623174150","authorIdStr":"4091169623174150"},"themes":[],"htmlText":"Fed only can talk but dare not act.. the inflation is at historical height but economy not that great..many ppl gave up job hunting.. making easy money via crypto and metaverse.. so they can only talk and cannot act","listText":"Fed only can talk but dare not act.. the inflation is at historical height but economy not that great..many ppl gave up job hunting.. making easy money via crypto and metaverse.. so they can only talk and cannot act","text":"Fed only can talk but dare not act.. the inflation is at historical height but economy not that great..many ppl gave up job hunting.. making easy money via crypto and metaverse.. so they can only talk and cannot act","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007701674","repostId":"1122641919","repostType":4,"repost":{"id":"1122641919","kind":"news","pubTimestamp":1642994237,"share":"https://ttm.financial/m/news/1122641919?lang=&edition=fundamental","pubTime":"2022-01-24 11:17","market":"us","language":"en","title":"This Fed Meeting Is Crucial. Future Rate Hikes Are Just the Start.","url":"https://stock-news.laohu8.com/highlight/detail?id=1122641919","media":"Barrons","summary":"Watch what they say, not what they do, at the Federal Open Market Committee meeting this week. The o","content":"<html><head></head><body><p>Watch what they say, not what they do, at the Federal Open Market Committee meeting this week. The obverse of the famous advice from Richard Nixon’s attorney general, John Mitchell, is what economists and market participants will be doing on Wednesday, when the panel may elucidate its policy plans but is unlikely to take any immediate action.</p><p>To be sure, stock and bond markets have started 2022 by adjusting to the reality of a less accommodative Federal Reserve monetary policy ahead. The benchmark 10-year Treasury note’s yield is up 34 basis points since the turn of the year, at 1.836% on Thursday, while the Nasdaq Composite has entered a so-called 10% correction from its peak last November. And the federal-funds futures market has fully priced in an initial 25-basis-point increase in the Fed’s key policy rate, from the current ground-hugging 0% to 0.25%, at the March 15-16 FOMC gathering, according to the CME FedWatch site. (A basis point is 1/100th of a percentage point.)</p><p>But no rate increase is likely this week, despite a growing consensus (including from President Joe Biden) on the need for a less accommodative Fed policy, given the sharp rise of inflation. At his news conference on Wednesday, Biden expressed support for Fed Chairman Jerome Powell’s plan to “recalibrate” policy. “The critical job of making sure that the elevated prices don’t become entrenched rests with the Federal Reserve, which has a dual mandate: full employment and stable prices,” the president said.</p><p>That’s a sharp reversal of the pressure often exerted by past presidents for easier money. From Lyndon B. Johnson to Nixon and Donald Trump, presidents have variously tried to cajole or coerce Fed chairmen into lower interest rates or avoid raising them, while George H.W. Bush blamed a too-tight Fed for his electoral defeat. But now, inflation’s surge to 7% tops the list of concerns in consumer surveys, coinciding with the slide in Biden’s poll ratings, so his endorsement of a less accommodative Fed policy appears to be a matter of political necessity.</p><p>So acute have inflation concerns become that some observers are urging more immediate and dramatic actions. That includes calls for a 50-basis-point jump in the fed-funds rate, as I wrote this past week on Barrons.com, or a complete halt in the Fed’s securities purchases, as I noted here a week ago, rather than the present path of winding down its buying by March.</p><p>But both would be out of character for the Powell Fed. “I can’t imagine another big pivot,” says John Ryding, chief economic advisor at Brean Capital. For most of 2021, the monetary authorities clung to the notion of “transitory” inflation. A sharp, initial 50-basis-point hike would be an admission of how they misjudged the building price pressures, he says.</p><p>Neither does Ryding look for the Fed to emulate the Bank of Canada, which abruptly ended its securities purchases last year. “What I hope to get is clarity” from the FOMC meeting in the coming week, he added in a telephone interview.</p><p>One possible surprise would be for the FOMC to further accelerate the tapering of the purchases, winding them up by mid-February, a month earlier than currently scheduled, write Nomura economists Aichi Amemiya, Robert Dent, and Kenny Lee in a client note. That would represent a marginal reduction of $20 billion in Treasury and $10 billion in agency mortgage-backed securities acquisitions, but would send a signal to the market about the Fed’s anti-inflation resolve.</p><p>In particular, they add, a quicker windup in the Fed’s bond buying might help avoid some awkward questions for Powell at his postmeeting news conference on Wednesday afternoon. The central bank continues to buy $40 billion of Treasuries and $20 billion a month in MBS, adding to its near-$9-trillion balance sheet, which means that it is actually easing, rather than tightening, policy, while talking of the need to curb inflation.</p><p>As for the Fed beginning to normalize its balance sheet, the Nomura economists think the announcement could come as early as the March or May FOMC meeting. Most Fed watchers expect a later start to the process of reducing the central bank’s securities holdings, after two or more rate hikes. And almost all think the Fed will allow maturing issues to run off at a predictable pace, rather than sell securities outright.</p><p>Some also suggest that the Fed could reduce its holdings of mortgage-backed securities more rapidly. The Fed has expressed a preference to returning to holding only Treasuries on its balance sheet, as was the case before the 2007-09 financial crisis, Ryding notes. And for months, many critics have argued that effectively subsidizing an already overheated housing market by buying MBS makes no sense.</p><p>But the relative economic and financial impact of changes in these two main monetary policy tools—interest rates and the central bank’s asset holdings—is unknown, he says. The Fed traditionally has utilized the fed-funds rate as its main policy lever and resorted to a huge expansion in its balance sheet when its key policy rate fell to the zero lower bound. Unlike other central banks, notably the European Central Bank and the Bank of Japan, the Fed has avoided resorting to negative interest rates.</p><p>Economists Cynthia Wu of Notre Dame and Fan Dora Xia of the Bank for International Settlements have estimated that the equivalent impact of the Fed’s asset purchases in what they dub a “shadow fed-funds rate,” which is tracked by the Atlanta Fed. The Wu-Xia shadow funds rate was minus 1.15% as of Dec. 31, according to the Atlanta Fed.</p><p>Ryding says Wu estimates that a change in the Fed’s balance sheet equal to 10% of U.S. gross domestic product—about $2 trillion—is roughly equivalent to a 100 basis point change in the fed-funds rate.</p><p>How central bank bond-buying affects the economy is still debated among economists. Most see asset purchases working through what they call the portfolio channel. As former Fed Chairman Ben Bernanke explained in a Washington Post op-ed article in November 2010, the central bank buys securities to ease financial conditions, including to raise stock prices, which in turn boosts consumers’ wealth and confidence, and spurs spending.</p><p>And as the intriguing accompanying charts from Deutsche Bank’s head of thematic research Jim Reid illustrate, the big global tech growth stocks have moved in lockstep with the assets of the major central banks. The FANG+ group used in the chart consists of Meta Platforms (the former Facebook, ticker: FB), Amazon.com (AMZN), Apple (AAPL), and Google parent Alphabet (GOOGL), plus Alibaba Group Holding (BABA), Baidu (BIDU), Nvidia (NVDA), Tesla (TSLA), and Twitter (TWTR). The big five central banks are the Fed, the ECB, the People’s Bank of China, the BoJ, and the Bank of England.</p><p>“Correlation does not imply causation, but unless you are an incredibly strong advocate of a completely new earnings paradigm for the largest technology companies that coincidently have tracked unconventional monetary policy, then it is hard to argue against the notion that central bank policies have been a big contributor to an incredible run for the sector over the last six-to-seven years. Indeed, the only notable setback has been when global [quantitative tightening] arrived in 2018,” Reid observes in a client note.</p><p>The 13% decline in the FANG+ index from its November peak through Thursday is a bit steeper than the 11.5% drop in the popular Invesco QQQ exchange-traded fund (QQQ) that tracks the biggest Nasdaq nonfinancial stocks. And that’s before the Fed actually has begun to shrink its balance sheet.</p><p>The Fed has maintained its crisis policy of zero interest rates and active bond buying, initiated in March 2020 during the near-meltdown of markets resulting from the Covid-19 pandemic. The virus and its variants persist, but the economy has largely recovered, with the unemployment rate under 4% and the labor market beset by worker shortages. Inflation, meanwhile, has soared to 7% from a combination of supply constraints and pumped-up demand.</p><p>And nowhere is the impact of Fed policy more apparent than in asset prices, from the doubling of the S&amp;P 500 since its March 2020 bottom, to home prices jumping about 20%. Investors will be listening carefully to what Powell &amp; Co. say this coming week and beyond about normalizing those policies.</p></body></html>","source":"lsy1601382232898","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>This Fed Meeting Is Crucial. Future Rate Hikes Are Just the Start.</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\">\nThis Fed Meeting Is Crucial. Future Rate Hikes Are Just the Start.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-24 11:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-fed-meeting-rate-hikes-51642784589?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Watch what they say, not what they do, at the Federal Open Market Committee meeting this week. The obverse of the famous advice from Richard Nixon’s attorney general, John Mitchell, is what economists...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-fed-meeting-rate-hikes-51642784589?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-fed-meeting-rate-hikes-51642784589?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122641919","content_text":"Watch what they say, not what they do, at the Federal Open Market Committee meeting this week. The obverse of the famous advice from Richard Nixon’s attorney general, John Mitchell, is what economists and market participants will be doing on Wednesday, when the panel may elucidate its policy plans but is unlikely to take any immediate action.To be sure, stock and bond markets have started 2022 by adjusting to the reality of a less accommodative Federal Reserve monetary policy ahead. The benchmark 10-year Treasury note’s yield is up 34 basis points since the turn of the year, at 1.836% on Thursday, while the Nasdaq Composite has entered a so-called 10% correction from its peak last November. And the federal-funds futures market has fully priced in an initial 25-basis-point increase in the Fed’s key policy rate, from the current ground-hugging 0% to 0.25%, at the March 15-16 FOMC gathering, according to the CME FedWatch site. (A basis point is 1/100th of a percentage point.)But no rate increase is likely this week, despite a growing consensus (including from President Joe Biden) on the need for a less accommodative Fed policy, given the sharp rise of inflation. At his news conference on Wednesday, Biden expressed support for Fed Chairman Jerome Powell’s plan to “recalibrate” policy. “The critical job of making sure that the elevated prices don’t become entrenched rests with the Federal Reserve, which has a dual mandate: full employment and stable prices,” the president said.That’s a sharp reversal of the pressure often exerted by past presidents for easier money. From Lyndon B. Johnson to Nixon and Donald Trump, presidents have variously tried to cajole or coerce Fed chairmen into lower interest rates or avoid raising them, while George H.W. Bush blamed a too-tight Fed for his electoral defeat. But now, inflation’s surge to 7% tops the list of concerns in consumer surveys, coinciding with the slide in Biden’s poll ratings, so his endorsement of a less accommodative Fed policy appears to be a matter of political necessity.So acute have inflation concerns become that some observers are urging more immediate and dramatic actions. That includes calls for a 50-basis-point jump in the fed-funds rate, as I wrote this past week on Barrons.com, or a complete halt in the Fed’s securities purchases, as I noted here a week ago, rather than the present path of winding down its buying by March.But both would be out of character for the Powell Fed. “I can’t imagine another big pivot,” says John Ryding, chief economic advisor at Brean Capital. For most of 2021, the monetary authorities clung to the notion of “transitory” inflation. A sharp, initial 50-basis-point hike would be an admission of how they misjudged the building price pressures, he says.Neither does Ryding look for the Fed to emulate the Bank of Canada, which abruptly ended its securities purchases last year. “What I hope to get is clarity” from the FOMC meeting in the coming week, he added in a telephone interview.One possible surprise would be for the FOMC to further accelerate the tapering of the purchases, winding them up by mid-February, a month earlier than currently scheduled, write Nomura economists Aichi Amemiya, Robert Dent, and Kenny Lee in a client note. That would represent a marginal reduction of $20 billion in Treasury and $10 billion in agency mortgage-backed securities acquisitions, but would send a signal to the market about the Fed’s anti-inflation resolve.In particular, they add, a quicker windup in the Fed’s bond buying might help avoid some awkward questions for Powell at his postmeeting news conference on Wednesday afternoon. The central bank continues to buy $40 billion of Treasuries and $20 billion a month in MBS, adding to its near-$9-trillion balance sheet, which means that it is actually easing, rather than tightening, policy, while talking of the need to curb inflation.As for the Fed beginning to normalize its balance sheet, the Nomura economists think the announcement could come as early as the March or May FOMC meeting. Most Fed watchers expect a later start to the process of reducing the central bank’s securities holdings, after two or more rate hikes. And almost all think the Fed will allow maturing issues to run off at a predictable pace, rather than sell securities outright.Some also suggest that the Fed could reduce its holdings of mortgage-backed securities more rapidly. The Fed has expressed a preference to returning to holding only Treasuries on its balance sheet, as was the case before the 2007-09 financial crisis, Ryding notes. And for months, many critics have argued that effectively subsidizing an already overheated housing market by buying MBS makes no sense.But the relative economic and financial impact of changes in these two main monetary policy tools—interest rates and the central bank’s asset holdings—is unknown, he says. The Fed traditionally has utilized the fed-funds rate as its main policy lever and resorted to a huge expansion in its balance sheet when its key policy rate fell to the zero lower bound. Unlike other central banks, notably the European Central Bank and the Bank of Japan, the Fed has avoided resorting to negative interest rates.Economists Cynthia Wu of Notre Dame and Fan Dora Xia of the Bank for International Settlements have estimated that the equivalent impact of the Fed’s asset purchases in what they dub a “shadow fed-funds rate,” which is tracked by the Atlanta Fed. The Wu-Xia shadow funds rate was minus 1.15% as of Dec. 31, according to the Atlanta Fed.Ryding says Wu estimates that a change in the Fed’s balance sheet equal to 10% of U.S. gross domestic product—about $2 trillion—is roughly equivalent to a 100 basis point change in the fed-funds rate.How central bank bond-buying affects the economy is still debated among economists. Most see asset purchases working through what they call the portfolio channel. As former Fed Chairman Ben Bernanke explained in a Washington Post op-ed article in November 2010, the central bank buys securities to ease financial conditions, including to raise stock prices, which in turn boosts consumers’ wealth and confidence, and spurs spending.And as the intriguing accompanying charts from Deutsche Bank’s head of thematic research Jim Reid illustrate, the big global tech growth stocks have moved in lockstep with the assets of the major central banks. The FANG+ group used in the chart consists of Meta Platforms (the former Facebook, ticker: FB), Amazon.com (AMZN), Apple (AAPL), and Google parent Alphabet (GOOGL), plus Alibaba Group Holding (BABA), Baidu (BIDU), Nvidia (NVDA), Tesla (TSLA), and Twitter (TWTR). The big five central banks are the Fed, the ECB, the People’s Bank of China, the BoJ, and the Bank of England.“Correlation does not imply causation, but unless you are an incredibly strong advocate of a completely new earnings paradigm for the largest technology companies that coincidently have tracked unconventional monetary policy, then it is hard to argue against the notion that central bank policies have been a big contributor to an incredible run for the sector over the last six-to-seven years. Indeed, the only notable setback has been when global [quantitative tightening] arrived in 2018,” Reid observes in a client note.The 13% decline in the FANG+ index from its November peak through Thursday is a bit steeper than the 11.5% drop in the popular Invesco QQQ exchange-traded fund (QQQ) that tracks the biggest Nasdaq nonfinancial stocks. And that’s before the Fed actually has begun to shrink its balance sheet.The Fed has maintained its crisis policy of zero interest rates and active bond buying, initiated in March 2020 during the near-meltdown of markets resulting from the Covid-19 pandemic. The virus and its variants persist, but the economy has largely recovered, with the unemployment rate under 4% and the labor market beset by worker shortages. Inflation, meanwhile, has soared to 7% from a combination of supply constraints and pumped-up demand.And nowhere is the impact of Fed policy more apparent than in asset prices, from the doubling of the S&P 500 since its March 2020 bottom, to home prices jumping about 20%. Investors will be listening carefully to what Powell & Co. say this coming week and beyond about normalizing those policies.","news_type":1},"isVote":1,"tweetType":1,"viewCount":550,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":894677862,"gmtCreate":1628825568856,"gmtModify":1676529867178,"author":{"id":"4091169623174150","authorId":"4091169623174150","name":"KongSH","avatar":"https://static.tigerbbs.com/4db5a338d9f077992726659f508a7685","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091169623174150","authorIdStr":"4091169623174150"},"themes":[],"htmlText":"wish all people make more money in shares today","listText":"wish all people make more money in shares today","text":"wish all people make more money in shares today","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/894677862","repostId":"1162909242","repostType":4,"repost":{"id":"1162909242","kind":"news","pubTimestamp":1628779877,"share":"https://ttm.financial/m/news/1162909242?lang=&edition=fundamental","pubTime":"2021-08-12 22:51","market":"us","language":"en","title":"Liquidity Is Evaporating Even Before Fed Taper Hits Markets","url":"https://stock-news.laohu8.com/highlight/detail?id=1162909242","media":"Bloomberg","summary":"A measure of U.S. financial liquidity whose declines foreshadowed two of the decade’s worst equity r","content":"<p>A measure of U.S. financial liquidity whose declines foreshadowed two of the decade’s worst equity routs is flashing alarms even before the Federal Reserve embarks on its planned winding down of asset purchases.</p>\n<p>The signal is obscure, but has sent meaningful signs in the past. Roughly speaking, it’s the gap between the rates of growth in money supply and gross domestic product, an indicator known to eco-geeks as Marshallian K. It just turned negative for the first time since 2018, meaning GDP is rising faster than the government’s M2 account.</p>\n<p>The shortfall comes from an expanding economy that’s quickly depleting the nation’s available money. The deficit could become a problem for markets at a time when excess liquidity is seen as underpinning rallies in everything from Bitcoin to meme stocks.</p>\n<p>“Put another way, the recovering economy is now drinking from a punch bowl that the stock market once had all to itself,” Doug Ramsey, Leuthold Group’s chief investment officer, wrote in a note last week.</p>\n<p>How big a threat is this? While stocks kept rising during frequent negative Marshallian K readings in the 1990s, the pattern since the 2008 global financial crisis -- a period when the central bank was in what Ramsey calls a “perpetual crisis mode” -- begs for caution.</p>\n<p><img src=\"https://static.tigerbbs.com/29bd13488ad9f3e748da28092473f23e\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p>The Marshallian K fell below zero in 2010, a year when the S&amp;P 500 Index suffered a 16% correction. A similar dip in 2018 portended a selloff that almost killed that bull market.</p>\n<p>The Leuthold study is the latest attempt to handicap the market’s outlook from the perspective of liquidity. But not everyone is worried. Ed Yardeni, the president and founder of Yardeni Research Inc., says he prefers to plot not the growth rates but the absolute level of M2 against GDP to measure liquidity. Based on that, liquidity stood near a record high.</p>\n<p>“Some people start to freak out about the M2 growth rate,” he said in an interview on Bloomberg TV and Radio. “What they don’t really appreciate is M2 today is $5 trillion higher than it was before the pandemic. There is just a tremendous liquidity sitting there.”</p>\n<p>Others see limited impact from Fed tapering on the equity market. In June,researchfrom UBS Group AG showed that should the Fed turn off the spigot on its annual $1.4 trillion in quantitative-easing spending, the hit to the S&amp;P 500 would be a paltry 3% decline in prices.</p>\n<p>In 2013, when the Fed’s announcement on a reduction in stimulus sparked ataper tantrumthat sent 10-year Treasury yields skyward, the S&amp;P 500 pulled back almost 6% from its May peak that year. But stocks staged a full recovery within weeks and went on with a rally that eventually lifted the index 30% for the whole year.</p>\n<p>Skeptics, however, are quick to point out one big difference: equity valuations.</p>\n<p>“Back then, the stock market was trading at 15 times earnings. Now it’s 22 times earnings,” Matt Maley, chief market strategist for Miller Tabak + Co., said in an interview on Bloomberg TV with Caroline Hyde. “It will be hard for the market to ignore it this time around.”</p>\n<p><img src=\"https://static.tigerbbs.com/37c0e312361e509a3fc0e8bfb3d9c649\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>For now, a liquidity drain suggested by the Marshallian K data has done little damage to the market, at least on the index level. The S&amp;P 500 is poised for a seventh straight monthly gain, reaching all-time highs almost every week.</p>\n<p>But Ramsey warns investors shouldn’t let their guard down. While the broad market has been strong -- the S&amp;P 500 closed Wednesday at a record for the 46th time this year -- fewer stocks are participating in the latest leg up. This could be blamed on falling liquidity, he says, and the days of abundant cash floating all stocks are likely gone.</p>\n<p>The Marshallian K indicator just slumped intonegative territoryfaster than ever. During the second quarter, M2 money expanded 12.7% from a year ago, trailing the nominal GDP growth rate of 16.7%. That came after four quarters of excessive liquidity where the spread stayed above 20 percentage points.</p>\n<p>“The Marshallian K now shows liquidity not only deteriorating but actually contracting -- and at a time when hopes (as embedded in valuations) have never been higher,” Ramsey said. “If the Fed can drawdown QE in the next year without triggering a decline of those levels, it will truly have achieved something remarkable. But we’d rather invest based on the probable.”</p>","source":"lsy1584095487587","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>Liquidity Is Evaporating Even Before Fed Taper Hits Markets</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\">\nLiquidity Is Evaporating Even Before Fed Taper Hits Markets\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-12 22:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-11/liquidity-is-evaporating-even-before-the-fed-taper-hits-markets><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A measure of U.S. financial liquidity whose declines foreshadowed two of the decade’s worst equity routs is flashing alarms even before the Federal Reserve embarks on its planned winding down of asset...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-11/liquidity-is-evaporating-even-before-the-fed-taper-hits-markets\">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",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-11/liquidity-is-evaporating-even-before-the-fed-taper-hits-markets","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162909242","content_text":"A measure of U.S. financial liquidity whose declines foreshadowed two of the decade’s worst equity routs is flashing alarms even before the Federal Reserve embarks on its planned winding down of asset purchases.\nThe signal is obscure, but has sent meaningful signs in the past. Roughly speaking, it’s the gap between the rates of growth in money supply and gross domestic product, an indicator known to eco-geeks as Marshallian K. It just turned negative for the first time since 2018, meaning GDP is rising faster than the government’s M2 account.\nThe shortfall comes from an expanding economy that’s quickly depleting the nation’s available money. The deficit could become a problem for markets at a time when excess liquidity is seen as underpinning rallies in everything from Bitcoin to meme stocks.\n“Put another way, the recovering economy is now drinking from a punch bowl that the stock market once had all to itself,” Doug Ramsey, Leuthold Group’s chief investment officer, wrote in a note last week.\nHow big a threat is this? While stocks kept rising during frequent negative Marshallian K readings in the 1990s, the pattern since the 2008 global financial crisis -- a period when the central bank was in what Ramsey calls a “perpetual crisis mode” -- begs for caution.\n\nThe Marshallian K fell below zero in 2010, a year when the S&P 500 Index suffered a 16% correction. A similar dip in 2018 portended a selloff that almost killed that bull market.\nThe Leuthold study is the latest attempt to handicap the market’s outlook from the perspective of liquidity. But not everyone is worried. Ed Yardeni, the president and founder of Yardeni Research Inc., says he prefers to plot not the growth rates but the absolute level of M2 against GDP to measure liquidity. Based on that, liquidity stood near a record high.\n“Some people start to freak out about the M2 growth rate,” he said in an interview on Bloomberg TV and Radio. “What they don’t really appreciate is M2 today is $5 trillion higher than it was before the pandemic. There is just a tremendous liquidity sitting there.”\nOthers see limited impact from Fed tapering on the equity market. In June,researchfrom UBS Group AG showed that should the Fed turn off the spigot on its annual $1.4 trillion in quantitative-easing spending, the hit to the S&P 500 would be a paltry 3% decline in prices.\nIn 2013, when the Fed’s announcement on a reduction in stimulus sparked ataper tantrumthat sent 10-year Treasury yields skyward, the S&P 500 pulled back almost 6% from its May peak that year. But stocks staged a full recovery within weeks and went on with a rally that eventually lifted the index 30% for the whole year.\nSkeptics, however, are quick to point out one big difference: equity valuations.\n“Back then, the stock market was trading at 15 times earnings. Now it’s 22 times earnings,” Matt Maley, chief market strategist for Miller Tabak + Co., said in an interview on Bloomberg TV with Caroline Hyde. “It will be hard for the market to ignore it this time around.”\n\nFor now, a liquidity drain suggested by the Marshallian K data has done little damage to the market, at least on the index level. The S&P 500 is poised for a seventh straight monthly gain, reaching all-time highs almost every week.\nBut Ramsey warns investors shouldn’t let their guard down. While the broad market has been strong -- the S&P 500 closed Wednesday at a record for the 46th time this year -- fewer stocks are participating in the latest leg up. This could be blamed on falling liquidity, he says, and the days of abundant cash floating all stocks are likely gone.\nThe Marshallian K indicator just slumped intonegative territoryfaster than ever. During the second quarter, M2 money expanded 12.7% from a year ago, trailing the nominal GDP growth rate of 16.7%. That came after four quarters of excessive liquidity where the spread stayed above 20 percentage points.\n“The Marshallian K now shows liquidity not only deteriorating but actually contracting -- and at a time when hopes (as embedded in valuations) have never been higher,” Ramsey said. “If the Fed can drawdown QE in the next year without triggering a decline of those levels, it will truly have achieved something remarkable. But we’d rather invest based on the probable.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3572226978632480","authorId":"3572226978632480","name":"Davidyapp","avatar":"https://static.tigerbbs.com/36a5fb2f8cc1ae1f0ba3e54660da4828","crmLevel":2,"crmLevelSwitch":0,"idStr":"3572226978632480","authorIdStr":"3572226978632480"},"content":"wish you the same","text":"wish you the same","html":"wish you the same"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9984097132,"gmtCreate":1667484751626,"gmtModify":1676537925801,"author":{"id":"4091169623174150","authorId":"4091169623174150","name":"KongSH","avatar":"https://static.tigerbbs.com/4db5a338d9f077992726659f508a7685","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091169623174150","authorIdStr":"4091169623174150"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a><v-v data-views=\"1\"></v-v>","text":"$Tiger Brokers(TIGR)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9984097132","isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9914052486,"gmtCreate":1665143943646,"gmtModify":1676537563611,"author":{"id":"4091169623174150","authorId":"4091169623174150","name":"KongSH","avatar":"https://static.tigerbbs.com/4db5a338d9f077992726659f508a7685","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091169623174150","authorIdStr":"4091169623174150"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a>bullish","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a>bullish","text":"$Tiger Brokers(TIGR)$bullish","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9914052486","isVote":1,"tweetType":1,"viewCount":229,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869134520,"gmtCreate":1632266223860,"gmtModify":1676530736665,"author":{"id":"4091169623174150","authorId":"4091169623174150","name":"KongSH","avatar":"https://static.tigerbbs.com/4db5a338d9f077992726659f508a7685","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091169623174150","authorIdStr":"4091169623174150"},"themes":[],"htmlText":"Wishing Money flow to us like a waterfall ??","listText":"Wishing Money flow to us like a waterfall ??","text":"Wishing Money flow to us like a waterfall ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/869134520","repostId":"2169324976","repostType":4,"repost":{"id":"2169324976","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1632256994,"share":"https://ttm.financial/m/news/2169324976?lang=&edition=fundamental","pubTime":"2021-09-22 04:43","market":"us","language":"en","title":"Wall Street ends near flat on cautious note ahead of Fed","url":"https://stock-news.laohu8.com/highlight/detail?id=2169324976","media":"Reuters","summary":"NEW YORK, Sept 21  - U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over caution ahead of Wednesday's Federal Reserve policy news keeping a lid on the market.Trading was choppy, with the Dow and S&P 500 erasing session gains just before the close, while the Nasdaq finished slightly higher.Shares of Walt Disney Co fell 4.2% and were the biggest drag on both the S&P 500 and Dow after Chief Executive Officer Bob Chapek said the resurgence of the Delta var","content":"<p>NEW YORK, Sept 21 (Reuters) - U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over&nbsp;caution ahead of Wednesday's Federal Reserve policy news keeping a lid on the market.</p>\n<p>Trading was choppy, with the Dow and S&amp;P 500 erasing session gains just before the close, while the Nasdaq finished slightly higher.</p>\n<p>Shares of Walt Disney Co&nbsp;fell 4.2% and were the biggest drag on both the S&amp;P 500 and Dow after Chief Executive Officer Bob Chapek said the resurgence of the Delta variant of the coronavirus was delaying production of some of its titles.</p>\n<p>Investors are waiting for the end of this week's Fed meeting that may shed light on when its massive purchase of government debt will begin to ease.</p>\n<p>Officials will reveal new projections as investors also are on alert for any timing on rate tightening.</p>\n<p>The Dow Jones Industrial Average fell 50.63 points, or 0.15%, to 33,919.84, the S&amp;P 500 lost 3.54 points, or 0.08%, to 4,354.19 and the Nasdaq Composite added 32.50 points, or 0.22%, to 14,746.40.</p>\n<p>S&amp;P 500 industrials&nbsp;led losses among sectors.</p>\n<p>Adding to late-day bearishness, shares of American Airlines Group Inc&nbsp;and JetBlue Airways Corp&nbsp;fell after records in Boston federal court showed the United States and several U.S. states on Tuesday filed an antitrust lawsuit against the companies. American Airlines ended down 2.8% while JetBlue fell 4.8%.</p>\n<p>The S&amp;P 500 index traded below its 50-day moving average, its first major breach in more than six months. The average has served as a floor for the index this year.</p>\n<p>Analysts say a breach of the index's 200-day moving average may now be in sight.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.32-to-1 ratio; on Nasdaq, a 1.35-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted no new 52-week highs and six new lows; the Nasdaq Composite recorded 41 new highs and 98 new lows.</p>\n<p>Volume on U.S. exchanges was 9.73 billion shares, compared with the 9.95 billion average for the full session over the last 20 trading days.</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>Wall Street ends near flat on cautious note ahead of Fed</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\">\nWall Street ends near flat on cautious note ahead of Fed\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-22 04:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, Sept 21 (Reuters) - U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over&nbsp;caution ahead of Wednesday's Federal Reserve policy news keeping a lid on the market.</p>\n<p>Trading was choppy, with the Dow and S&amp;P 500 erasing session gains just before the close, while the Nasdaq finished slightly higher.</p>\n<p>Shares of Walt Disney Co&nbsp;fell 4.2% and were the biggest drag on both the S&amp;P 500 and Dow after Chief Executive Officer Bob Chapek said the resurgence of the Delta variant of the coronavirus was delaying production of some of its titles.</p>\n<p>Investors are waiting for the end of this week's Fed meeting that may shed light on when its massive purchase of government debt will begin to ease.</p>\n<p>Officials will reveal new projections as investors also are on alert for any timing on rate tightening.</p>\n<p>The Dow Jones Industrial Average fell 50.63 points, or 0.15%, to 33,919.84, the S&amp;P 500 lost 3.54 points, or 0.08%, to 4,354.19 and the Nasdaq Composite added 32.50 points, or 0.22%, to 14,746.40.</p>\n<p>S&amp;P 500 industrials&nbsp;led losses among sectors.</p>\n<p>Adding to late-day bearishness, shares of American Airlines Group Inc&nbsp;and JetBlue Airways Corp&nbsp;fell after records in Boston federal court showed the United States and several U.S. states on Tuesday filed an antitrust lawsuit against the companies. American Airlines ended down 2.8% while JetBlue fell 4.8%.</p>\n<p>The S&amp;P 500 index traded below its 50-day moving average, its first major breach in more than six months. The average has served as a floor for the index this year.</p>\n<p>Analysts say a breach of the index's 200-day moving average may now be in sight.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.32-to-1 ratio; on Nasdaq, a 1.35-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted no new 52-week highs and six new lows; the Nasdaq Composite recorded 41 new highs and 98 new lows.</p>\n<p>Volume on U.S. exchanges was 9.73 billion shares, compared with the 9.95 billion average for the full session over the last 20 trading days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SPY":"标普500ETF","QQQ":"纳指100ETF","DXD":"道指两倍做空ETF","SDS":"两倍做空标普500ETF","DJX":"1/100道琼斯","SDOW":"道指三倍做空ETF-ProShares","QID":"纳指两倍做空ETF","DDM":"道指两倍做多ETF","UPRO":"三倍做多标普500ETF","UDOW":"道指三倍做多ETF-ProShares","SH":"标普500反向ETF","IVV":"标普500指数ETF","DOG":"道指反向ETF","QLD":"纳指两倍做多ETF","PSQ":"纳指反向ETF",".DJI":"道琼斯","TQQQ":"纳指三倍做多ETF","SSO":"两倍做多标普500ETF",".IXIC":"NASDAQ Composite","OEX":"标普100",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF","SQQQ":"纳指三倍做空ETF","OEF":"标普100指数ETF-iShares"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2169324976","content_text":"NEW YORK, Sept 21 (Reuters) - U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over caution ahead of Wednesday's Federal Reserve policy news keeping a lid on the market.\nTrading was choppy, with the Dow and S&P 500 erasing session gains just before the close, while the Nasdaq finished slightly higher.\nShares of Walt Disney Co fell 4.2% and were the biggest drag on both the S&P 500 and Dow after Chief Executive Officer Bob Chapek said the resurgence of the Delta variant of the coronavirus was delaying production of some of its titles.\nInvestors are waiting for the end of this week's Fed meeting that may shed light on when its massive purchase of government debt will begin to ease.\nOfficials will reveal new projections as investors also are on alert for any timing on rate tightening.\nThe Dow Jones Industrial Average fell 50.63 points, or 0.15%, to 33,919.84, the S&P 500 lost 3.54 points, or 0.08%, to 4,354.19 and the Nasdaq Composite added 32.50 points, or 0.22%, to 14,746.40.\nS&P 500 industrials led losses among sectors.\nAdding to late-day bearishness, shares of American Airlines Group Inc and JetBlue Airways Corp fell after records in Boston federal court showed the United States and several U.S. states on Tuesday filed an antitrust lawsuit against the companies. American Airlines ended down 2.8% while JetBlue fell 4.8%.\nThe S&P 500 index traded below its 50-day moving average, its first major breach in more than six months. The average has served as a floor for the index this year.\nAnalysts say a breach of the index's 200-day moving average may now be in sight.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.32-to-1 ratio; on Nasdaq, a 1.35-to-1 ratio favored advancers.\nThe S&P 500 posted no new 52-week highs and six new lows; the Nasdaq Composite recorded 41 new highs and 98 new lows.\nVolume on U.S. exchanges was 9.73 billion shares, compared with the 9.95 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817274879,"gmtCreate":1630972749891,"gmtModify":1676530429604,"author":{"id":"4091169623174150","authorId":"4091169623174150","name":"KongSH","avatar":"https://static.tigerbbs.com/4db5a338d9f077992726659f508a7685","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091169623174150","authorIdStr":"4091169623174150"},"themes":[],"htmlText":"Great sharing.. may Everyone be a Money magnet today ??","listText":"Great sharing.. may Everyone be a Money magnet today ??","text":"Great sharing.. may Everyone be a Money magnet today ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/817274879","repostId":"1186375251","repostType":4,"repost":{"id":"1186375251","kind":"news","pubTimestamp":1630909435,"share":"https://ttm.financial/m/news/1186375251?lang=&edition=fundamental","pubTime":"2021-09-06 14:23","market":"us","language":"en","title":"3 Golden Rules On How To Invest At All-Time Highs","url":"https://stock-news.laohu8.com/highlight/detail?id=1186375251","media":"seekingalpha","summary":"Summary\n\nMarkets continue to reach new all-time highs each week and have not seen a notable correcti","content":"<p><b>Summary</b></p>\n<ul>\n <li>Markets continue to reach new all-time highs each week and have not seen a notable correction in over 200 trading days.</li>\n <li>As markets are rallying, many investors are starting to rest on their laurels while investment decisions at all-time highs are actually more important than ever.</li>\n <li>What should you be aware of in today's market? Should you sell out at these overvalued prices or can you still generate great returns by buying today?</li>\n <li>In this article, I will share my three golden rules on how to invest at all-time highs like today. This information will be very valuable for your future wealth generation in the market.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9f5f0c9f1aacfbc6d8c78d0e84da5fc9\" tg-width=\"1536\" tg-height=\"878\" width=\"100%\" height=\"auto\"><span>phive2015/iStock via Getty Images</span></p>\n<p>The stock market has been on a rampage in 2021. At the end of August, the S&amp;P 500 index (SPY) gained 20.4% year-to-date. Interestingly, the index has been trading in a very tight upward range and has not seen a 5% correction for 208 trading days. While most investors don't see this as an anomaly, it actually is. Both events have only occurred 7 times before in stock market history. We are clearly living in abnormal times.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c58ccc72065c84083443d6be7f03482a\" tg-width=\"640\" tg-height=\"322\" width=\"100%\" height=\"auto\"><span>Source: Insider Opportunities with Tradingview</span></p>\n<p>Each day it is important to think thoroughly about the investment decisions you make. Above all, all purchases or sales will impact your future wealth accumulation in the market.</p>\n<p>However, during extreme rallies like today it is twice as important to reflect on your investment decisions. Ask that to investors who took high risks during the dot-com bubble or panic sold during the Covid-19 crash. That undoubtedly had an immense impact on their long-term returns.</p>\n<p>The importance of investment decisions today for your long-term returns is why I chose to write about my three golden rules on how to invest at all-time highs. How should you approach today's market and what should you be aware of? Should you sell out at these overvalued prices and wait for a correction to take place or can you still generate great returns when buying at these levels? The answers to these one-million-dollar questions will be provided in this article.</p>\n<p><b>1. Don't get caught by greediness</b></p>\n<p>Let's start off with the most important rule. Avoid greediness.</p>\n<p>According to JPMorgan, over the past 20 years, the average investor reached an annual return of only 2.9%. As such, they significantly underperformed the general market as the S&amp;P 500 yielded an annual 7.5% return during this time frame.</p>\n<p>The single most important reason for this retail investor underperformance? Emotional human behavior.</p>\n<p>The average investor is getting influenced heavily by media headlines, stock prices movements and behavior from other investors.</p>\n<p>Today, we reached an extremely bullish stock market environment. Last earnings season has been one of the greatest in stock market history. The S&amp;P 500 EPS rose by 94.5% YoY and 86.1% of its constituents beat analyst estimates.</p>\n<p>As a consequence of this bullish environment, analysts are significantly raising their estimates for the next quarters. They now expect EPS to rise sharply to $217.96 by the end of 2022, which is a significant recovery from the pre-pandemic high of $157.12. Such a recovery looks to be optimistic as it took 7-12 years in the past economic cycles to achieve this:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1accc921d16b11ec13ed94686b9cfe75\" tg-width=\"640\" tg-height=\"465\" width=\"100%\" height=\"auto\"><span>Source: Insider Opportunities based on S&amp;P Global data; adjusted EPS is used</span></p>\n<p>Will earnings really continue this very strong recovery over the coming quarters or are analysts perhaps getting too greedy with their assumptions?</p>\n<p>It wouldn't be the first time if they were too greedy. During the dot-com bubble for example, they were caught by their emotions as well. The '90s was an abnormally strong decade in terms of earnings growth for the S&amp;P 500. As such, analysts totally forgot that downward cycles exist as well. They increased their annual EPS growth guidance to a staggering 15% for the five years following 2000. According to them, this high growth rate justified the record P/E multiples stocks were trading at and many investors got tricked into that story.</p>\n<p>What happened afterwards? The economy didn't boom, it fell into a recession which took 3 years to recover from. Earnings in 2003 were almost 50% lower than what analysts had been predicting in 2000.</p>\n<p>As markets were priced to analyst expectations instead of taking into account a possible downturn, the S&amp;P 500 crashed and took 7 years to recover.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0081f4a9c3ee43b20684f113cb04ef9c\" tg-width=\"640\" tg-height=\"467\" width=\"100%\" height=\"auto\"><span>Source: Insider Opportunities based on S&amp;P Global data and Yardeni; adjusted EPS is used</span></p>\n<p>Let's get back to today... The P/E of the S&amp;P 500 currently stands at 25.4x, which is extremely high compared to historical levels. This gets justified by the common belief that earnings will continue rising significantly. As such, the ratio would fall to an acceptable 20.7x by the end of 2022.</p>\n<p>Now ask yourself how likely it is that earnings growth will continue to grow at higher levels than the historical average over the coming quarters.</p>\n<p>Interest rates are already at 0%. The money printer is running out of paper. Federal debt levels are hitting their ceilings. Pent-up demand and stimuli cheques already led to record-high consumer spending over the past quarters.</p>\n<p>Maybe, just maybe, analysts are being too greedy with their assumptions? Maybe the recent economic recovery is unsustainable and set to cool down? Maybe my assumptions (grey line) are much more likely than what the market is predicting (red line)? If so, the market is trading at a fwd 2022 P/E of 23.6x, which is really expensive.</p>\n<p>I'm not sure this will happen, nobody is. But it sure as hell is a probability.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f61310c3c851b181ceb1fb3cc8862fdb\" tg-width=\"640\" tg-height=\"465\" width=\"100%\" height=\"auto\"><span>Source: Insider Opportunities based on S&amp;P Global data and Yardeni; adjusted EPS is used</span></p>\n<p>This greediness also gets reflected in the charts. As you can see in the chart below, a bull market can be split into four cycles. Strong growth, bear trap, media attention and greed.</p>\n<p>Interestingly, the 2013-2021 bull market is playing out almost identically as the 1994-2000 bull market. At this moment, the Nasdaq Index (QQQ) looks to be ready to start the last extreme greed phase. The media is approaching the recent rally as \"the new normal\" and investors are FOMO buying heavily because stocks \"can only go up\". As such, it is likely that the Nasdaq will rise close to $20,000 in the last months of 2021.</p>\n<p>As a long-term investor, it is extremely important to understand these dynamics. You will probably feel the urge to go all-in in risky assets as well. However, getting greedy during this phase could be a major threat for your long term returns as it will likely be followed by a major bear market.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c783bf0cff4c410846a27c2dc8c180b1\" tg-width=\"640\" tg-height=\"499\" width=\"100%\" height=\"auto\"><span>Source: Insider Opportunities with Tradingview</span></p>\n<p>Human behavior makes it extremely challenging to not get distracted by market sentiment. If you can keep an objective view on markets, it will benefit your returns drastically.</p>\n<p>2. Keep investing, there are always opportunities</p>\n<p>In short, rule #1 says that your decisions should never be led by emotions and that you should keep focusing on underlying fundamentals. As the market is getting greedy today and valuations reach extreme levels it implies that you should start selling stocks and hold a lot of cash, right?</p>\n<p>Not really... You know, a wise man once said the following:</p>\n<blockquote>\n <b>It's a market of stocks, not a stock market.</b>\n</blockquote>\n<p>I'm not entirely sure who came up with it. But it must be a wise man, for sure.</p>\n<p>What does it mean? Look, many retail investors buy/sell stocks based on how the outlook for the general market looks like. If they don't trust the markets, they will be reluctant to invest, no matter what.</p>\n<p>That's not a great way of looking at markets. There are almost 4,000 stocks available and there will always be interesting investment opportunities to generate great returns, no matter how the market evolves.</p>\n<p>In a generally overvalued market it gets increasingly challenging to find undervalued stocks, but certainly not impossible. Ask Warren Buffett. In 2000, the most overvalued stock market in history, his investment vehicle Berkshire Hathaway (BRK.A) (BRK.B) kept buying high-quality, undervalued assets. His dedication paid off with an impressive return of 47% five years after the dot-com peak compared to -39% for the Nasdaq index.</p>\n<p>The Russell 2000 (IWM), an index reflecting US small caps, was very attractive during the dot-com bubble as well, trading at a P/E of 16x (vs 24x for large caps) going into 2000. Those who invested in this undervalued asset class during the bubble also generated very solid returns. Those who were able to pick out the greatest small caps were a lot happier than those who got tricked into overhyped tech stocks, I can imagine.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c713a296e819a255b3be8ac6e504033d\" tg-width=\"635\" tg-height=\"450\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>So what should you do today? I would suggest re-evaluating all your portfolio holdings. Weigh their valuation compared to earnings 3 years from now, when Covid-19 disruptions (stimuli, pent-up demand, etc.) are gone. Be conservative with your assumptions. If a stock is significantly overvalued compared to those assumptions, don't be greedy and sell out the position.</p>\n<p>A great example is Apple Inc. (AAPL), one of the most popular stocks this year. As a consequence of its very strong financials (revenue grew 36.4% last quarter), its P/E ratio more than doubled over the past two years to 30x. It is important to understand that its recent growth primarily accelerated due to unsustainable drivers such as the several rounds of stimuli cheques. Once this fades away, Apple's growth is likely to fall back to single digits (or might even go negative in the short term) and returns would be very weak going forward.</p>\n<p>Don't keep all that freed up capital in cash, especially in the current inflationary environment. There are still opportunities to re-invest that money. In my opinion, small caps are the most attractive asset class today just like they were in 2000. After its recent underperformance, the Russell 2000 (representing all US small caps) is trading at a P/E of 15.6x today. This is much lower than both the S&amp;P 500 Index and its historical average. There are plenty of small-cap opportunities out there which will generate great returns going forward.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2f132a93975b3b7fef86aff21c0b49bb\" tg-width=\"640\" tg-height=\"250\" width=\"100%\" height=\"auto\"><span>Source: Yardeni</span></p>\n<p><b>3. Adopt a proven investment strategy to pick stocks</b></p>\n<p>Rule #1 and #2 look very good on paper, but are very hard to execute in reality. When push comes to shove, it's very tough to deny your emotions and to find interesting investment opportunities in an overvalued market.</p>\n<p>That's where #3 comes into play: adopt a proven investment strategy.</p>\n<p>With the upcoming challenges in the stock market, I believe it has never been as important as today to follow a pre-determined strategy on which you can rely during a highly uncertain market environment. If you use a strategy which worked well in the past, you'll feel great in each market environment.</p>\n<p>There are many strategies that could work for you, as long as you stick to it. We strongly believe that our under-appreciated strategy at Insider Opportunities will be very valuable in the coming years.</p>\n<p>To find attractive investment opportunities, we follow insider purchases each day. Insiders are the CFOs, CEOs, board members, etc. who know their business better than anyone else in the market. If they see a disconnection between the share price and the business fundamentals, they can purchase shares to generate profits. You can follow the purchases of this so-called \"smart money\" on a daily basis through SEC filings or websites like openinsider.com.</p>\n<p>We don't just follow up insider purchases. We created three algorithms based on more than a million of data points over the past decade to pick the greatest ones out of all insider purchases. As such, we stick to a pre-determined plan to only buy stocks that are attractive based on specific fundamentals, called \"golden picks\".</p>\n<p>It worked tremendously in the past. Our back-test shows that the strategy generated annualized returns of 47.2% over the past decade, tripling the S&amp;P 500 index. Only in 2011 it slightly underperformed the market.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f05af9240a87a55641df0a7921ec0380\" tg-width=\"640\" tg-height=\"359\" width=\"100%\" height=\"auto\"><span>Source: Insider Opportunities</span></p>\n<p></p>\n<p>We firmly believe that this revolutionary strategy will continue generating wealth for us in the stock market, regardless of how the market performs. Find yourself a strict, proven strategy like ours on which you can rely during the upcoming uncertainties.</p>\n<p><b>Conclusion: Do this at all-time highs</b></p>\n<p>Most stock market investors are resting on their laurels when all-time highs are being reached. Above all, nothing can go wrong in such a bullish market, right?</p>\n<p>No, that's not how it works. Markets evolve in cycles and those who don't acknowledge the importance of adapting to these cycles will be struck at weak long-term returns.</p>\n<p>How should you approach today's all-time highs to keep generating wealth going forward? Here are my three golden rules:</p>\n<ol>\n <li><b>Don't get greedy.</b>As a consequence of emotional behavior, you will want to take higher risks when markets are rallying. Never follow these emotions and always keep focused on the fundamentals.</li>\n <li><b>Keep being invested.</b>Don't get reluctant to invest in stocks just because markets are getting overvalued. Acknowledge that it's a market of stocks, not a stock market. There are always great opportunities in each market environment. Today, they are mostly available in under-the-radar small caps.</li>\n <li><b>Adopt a proven strategy.</b>Investing is not easy, especially when things are starting to move southwards. Adopting a strict, proven investment strategy can make life much easier and improve returns significantly.</li>\n</ol>","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>3 Golden Rules On How To Invest At All-Time Highs</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\">\n3 Golden Rules On How To Invest At All-Time Highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-06 14:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4453541-3-golden-rules-on-how-to-invest-at-all-time-highs><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nMarkets continue to reach new all-time highs each week and have not seen a notable correction in over 200 trading days.\nAs markets are rallying, many investors are starting to rest on their ...</p>\n\n<a href=\"https://seekingalpha.com/article/4453541-3-golden-rules-on-how-to-invest-at-all-time-highs\">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",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://seekingalpha.com/article/4453541-3-golden-rules-on-how-to-invest-at-all-time-highs","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186375251","content_text":"Summary\n\nMarkets continue to reach new all-time highs each week and have not seen a notable correction in over 200 trading days.\nAs markets are rallying, many investors are starting to rest on their laurels while investment decisions at all-time highs are actually more important than ever.\nWhat should you be aware of in today's market? Should you sell out at these overvalued prices or can you still generate great returns by buying today?\nIn this article, I will share my three golden rules on how to invest at all-time highs like today. This information will be very valuable for your future wealth generation in the market.\n\nphive2015/iStock via Getty Images\nThe stock market has been on a rampage in 2021. At the end of August, the S&P 500 index (SPY) gained 20.4% year-to-date. Interestingly, the index has been trading in a very tight upward range and has not seen a 5% correction for 208 trading days. While most investors don't see this as an anomaly, it actually is. Both events have only occurred 7 times before in stock market history. We are clearly living in abnormal times.\nSource: Insider Opportunities with Tradingview\nEach day it is important to think thoroughly about the investment decisions you make. Above all, all purchases or sales will impact your future wealth accumulation in the market.\nHowever, during extreme rallies like today it is twice as important to reflect on your investment decisions. Ask that to investors who took high risks during the dot-com bubble or panic sold during the Covid-19 crash. That undoubtedly had an immense impact on their long-term returns.\nThe importance of investment decisions today for your long-term returns is why I chose to write about my three golden rules on how to invest at all-time highs. How should you approach today's market and what should you be aware of? Should you sell out at these overvalued prices and wait for a correction to take place or can you still generate great returns when buying at these levels? The answers to these one-million-dollar questions will be provided in this article.\n1. Don't get caught by greediness\nLet's start off with the most important rule. Avoid greediness.\nAccording to JPMorgan, over the past 20 years, the average investor reached an annual return of only 2.9%. As such, they significantly underperformed the general market as the S&P 500 yielded an annual 7.5% return during this time frame.\nThe single most important reason for this retail investor underperformance? Emotional human behavior.\nThe average investor is getting influenced heavily by media headlines, stock prices movements and behavior from other investors.\nToday, we reached an extremely bullish stock market environment. Last earnings season has been one of the greatest in stock market history. The S&P 500 EPS rose by 94.5% YoY and 86.1% of its constituents beat analyst estimates.\nAs a consequence of this bullish environment, analysts are significantly raising their estimates for the next quarters. They now expect EPS to rise sharply to $217.96 by the end of 2022, which is a significant recovery from the pre-pandemic high of $157.12. Such a recovery looks to be optimistic as it took 7-12 years in the past economic cycles to achieve this:\nSource: Insider Opportunities based on S&P Global data; adjusted EPS is used\nWill earnings really continue this very strong recovery over the coming quarters or are analysts perhaps getting too greedy with their assumptions?\nIt wouldn't be the first time if they were too greedy. During the dot-com bubble for example, they were caught by their emotions as well. The '90s was an abnormally strong decade in terms of earnings growth for the S&P 500. As such, analysts totally forgot that downward cycles exist as well. They increased their annual EPS growth guidance to a staggering 15% for the five years following 2000. According to them, this high growth rate justified the record P/E multiples stocks were trading at and many investors got tricked into that story.\nWhat happened afterwards? The economy didn't boom, it fell into a recession which took 3 years to recover from. Earnings in 2003 were almost 50% lower than what analysts had been predicting in 2000.\nAs markets were priced to analyst expectations instead of taking into account a possible downturn, the S&P 500 crashed and took 7 years to recover.\nSource: Insider Opportunities based on S&P Global data and Yardeni; adjusted EPS is used\nLet's get back to today... The P/E of the S&P 500 currently stands at 25.4x, which is extremely high compared to historical levels. This gets justified by the common belief that earnings will continue rising significantly. As such, the ratio would fall to an acceptable 20.7x by the end of 2022.\nNow ask yourself how likely it is that earnings growth will continue to grow at higher levels than the historical average over the coming quarters.\nInterest rates are already at 0%. The money printer is running out of paper. Federal debt levels are hitting their ceilings. Pent-up demand and stimuli cheques already led to record-high consumer spending over the past quarters.\nMaybe, just maybe, analysts are being too greedy with their assumptions? Maybe the recent economic recovery is unsustainable and set to cool down? Maybe my assumptions (grey line) are much more likely than what the market is predicting (red line)? If so, the market is trading at a fwd 2022 P/E of 23.6x, which is really expensive.\nI'm not sure this will happen, nobody is. But it sure as hell is a probability.\nSource: Insider Opportunities based on S&P Global data and Yardeni; adjusted EPS is used\nThis greediness also gets reflected in the charts. As you can see in the chart below, a bull market can be split into four cycles. Strong growth, bear trap, media attention and greed.\nInterestingly, the 2013-2021 bull market is playing out almost identically as the 1994-2000 bull market. At this moment, the Nasdaq Index (QQQ) looks to be ready to start the last extreme greed phase. The media is approaching the recent rally as \"the new normal\" and investors are FOMO buying heavily because stocks \"can only go up\". As such, it is likely that the Nasdaq will rise close to $20,000 in the last months of 2021.\nAs a long-term investor, it is extremely important to understand these dynamics. You will probably feel the urge to go all-in in risky assets as well. However, getting greedy during this phase could be a major threat for your long term returns as it will likely be followed by a major bear market.\nSource: Insider Opportunities with Tradingview\nHuman behavior makes it extremely challenging to not get distracted by market sentiment. If you can keep an objective view on markets, it will benefit your returns drastically.\n2. Keep investing, there are always opportunities\nIn short, rule #1 says that your decisions should never be led by emotions and that you should keep focusing on underlying fundamentals. As the market is getting greedy today and valuations reach extreme levels it implies that you should start selling stocks and hold a lot of cash, right?\nNot really... You know, a wise man once said the following:\n\nIt's a market of stocks, not a stock market.\n\nI'm not entirely sure who came up with it. But it must be a wise man, for sure.\nWhat does it mean? Look, many retail investors buy/sell stocks based on how the outlook for the general market looks like. If they don't trust the markets, they will be reluctant to invest, no matter what.\nThat's not a great way of looking at markets. There are almost 4,000 stocks available and there will always be interesting investment opportunities to generate great returns, no matter how the market evolves.\nIn a generally overvalued market it gets increasingly challenging to find undervalued stocks, but certainly not impossible. Ask Warren Buffett. In 2000, the most overvalued stock market in history, his investment vehicle Berkshire Hathaway (BRK.A) (BRK.B) kept buying high-quality, undervalued assets. His dedication paid off with an impressive return of 47% five years after the dot-com peak compared to -39% for the Nasdaq index.\nThe Russell 2000 (IWM), an index reflecting US small caps, was very attractive during the dot-com bubble as well, trading at a P/E of 16x (vs 24x for large caps) going into 2000. Those who invested in this undervalued asset class during the bubble also generated very solid returns. Those who were able to pick out the greatest small caps were a lot happier than those who got tricked into overhyped tech stocks, I can imagine.\nData by YCharts\nSo what should you do today? I would suggest re-evaluating all your portfolio holdings. Weigh their valuation compared to earnings 3 years from now, when Covid-19 disruptions (stimuli, pent-up demand, etc.) are gone. Be conservative with your assumptions. If a stock is significantly overvalued compared to those assumptions, don't be greedy and sell out the position.\nA great example is Apple Inc. (AAPL), one of the most popular stocks this year. As a consequence of its very strong financials (revenue grew 36.4% last quarter), its P/E ratio more than doubled over the past two years to 30x. It is important to understand that its recent growth primarily accelerated due to unsustainable drivers such as the several rounds of stimuli cheques. Once this fades away, Apple's growth is likely to fall back to single digits (or might even go negative in the short term) and returns would be very weak going forward.\nDon't keep all that freed up capital in cash, especially in the current inflationary environment. There are still opportunities to re-invest that money. In my opinion, small caps are the most attractive asset class today just like they were in 2000. After its recent underperformance, the Russell 2000 (representing all US small caps) is trading at a P/E of 15.6x today. This is much lower than both the S&P 500 Index and its historical average. There are plenty of small-cap opportunities out there which will generate great returns going forward.\nSource: Yardeni\n3. Adopt a proven investment strategy to pick stocks\nRule #1 and #2 look very good on paper, but are very hard to execute in reality. When push comes to shove, it's very tough to deny your emotions and to find interesting investment opportunities in an overvalued market.\nThat's where #3 comes into play: adopt a proven investment strategy.\nWith the upcoming challenges in the stock market, I believe it has never been as important as today to follow a pre-determined strategy on which you can rely during a highly uncertain market environment. If you use a strategy which worked well in the past, you'll feel great in each market environment.\nThere are many strategies that could work for you, as long as you stick to it. We strongly believe that our under-appreciated strategy at Insider Opportunities will be very valuable in the coming years.\nTo find attractive investment opportunities, we follow insider purchases each day. Insiders are the CFOs, CEOs, board members, etc. who know their business better than anyone else in the market. If they see a disconnection between the share price and the business fundamentals, they can purchase shares to generate profits. You can follow the purchases of this so-called \"smart money\" on a daily basis through SEC filings or websites like openinsider.com.\nWe don't just follow up insider purchases. We created three algorithms based on more than a million of data points over the past decade to pick the greatest ones out of all insider purchases. As such, we stick to a pre-determined plan to only buy stocks that are attractive based on specific fundamentals, called \"golden picks\".\nIt worked tremendously in the past. Our back-test shows that the strategy generated annualized returns of 47.2% over the past decade, tripling the S&P 500 index. Only in 2011 it slightly underperformed the market.\nSource: Insider Opportunities\n\nWe firmly believe that this revolutionary strategy will continue generating wealth for us in the stock market, regardless of how the market performs. Find yourself a strict, proven strategy like ours on which you can rely during the upcoming uncertainties.\nConclusion: Do this at all-time highs\nMost stock market investors are resting on their laurels when all-time highs are being reached. Above all, nothing can go wrong in such a bullish market, right?\nNo, that's not how it works. Markets evolve in cycles and those who don't acknowledge the importance of adapting to these cycles will be struck at weak long-term returns.\nHow should you approach today's all-time highs to keep generating wealth going forward? Here are my three golden rules:\n\nDon't get greedy.As a consequence of emotional behavior, you will want to take higher risks when markets are rallying. Never follow these emotions and always keep focused on the fundamentals.\nKeep being invested.Don't get reluctant to invest in stocks just because markets are getting overvalued. Acknowledge that it's a market of stocks, not a stock market. There are always great opportunities in each market environment. Today, they are mostly available in under-the-radar small caps.\nAdopt a proven strategy.Investing is not easy, especially when things are starting to move southwards. Adopting a strict, proven investment strategy can make life much easier and improve returns significantly.","news_type":1},"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}