Kevin28 personal page - To The Moon

Kevin28

Kevin28

No personal profile

220Follow

48Followers

2Topic

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2023-12-13

2022-08-12

$CSOP S-REITs INDEX ETF(SRT.SI)$[smile]

2022-07-15

$CSOP S-REITs INDEX ETF(SRT.SI)$[smile]

2022-03-20

Good

Sorry, the original content has been removed

2022-03-11

Ok

Apple's Stock Faces A Steep Sell-Off

2021-09-10

Good result

TSMC revenue for August was approximately NT$137.43 billion,an increase of 11.8% YOY

2022-05-25

$ISHARESHSTECH(03067)$[Like]

2022-03-13

Ok

Nasdaq Bear Market: 3 Growth Stocks You'll Regret Not Buying On the Dip

2022-05-31

$GENTING SINGAPORE LIMITED(G13.SI)$[Like]

2022-05-25

Ok

Tiger Chart | A History of S&P 500 Bear Markets Since 1929

2022-05-22

$GENTING SINGAPORE LIMITED(G13.SI)$[Like]

2022-02-04

OK

Sorry, the original content has been removed

2021-09-14

But the index still going up

S&P 500 snaps losing streak with tax hikes, inflation data on horizon

2022-09-25

$BHP GROUP LTD(BHP.AU)$

2022-06-17

$ISHARESHSTECH(03067)$[Like]

2022-06-16

$GENTING SINGAPORE LIMITED(G13.SI)$[Like]

2022-05-20

$Micro E-mini S&P 500 - Jun 2022(MES2206)$[Like]

2022-04-30

Good

昨夜今晨 | 道指跌近千点，纳指狂泄逾4%，中概强势普涨

2022-04-24

Ok

Alibaba Vs. Amazon Stock: Back To Fundamentals

2022-04-17

$ISHARESHSTECH(03067)$[Facepalm]

Go to Tiger App to see more news

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ETF(SRT.SI)$[smile]","images":[{"img":"https://community-static.tradeup.com/news/b0826842ea38f50fe4f277266089e03a","width":"1080","height":"1854"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076257585","isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9034964259,"gmtCreate":1647761393557,"gmtModify":1676534264050,"author":{"id":"4091677022334480","authorId":"4091677022334480","name":"Kevin28","avatar":"https://static.tigerbbs.com/e4e7eb9de10e32de7cfdfaf1c541886d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034964259","repostId":"2220430742","repostType":4,"isVote":1,"tweetType":1,"viewCount":20,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9036912585,"gmtCreate":1646961706710,"gmtModify":1676534181979,"author":{"id":"4091677022334480","authorId":"4091677022334480","name":"Kevin28","avatar":"https://static.tigerbbs.com/e4e7eb9de10e32de7cfdfaf1c541886d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9036912585","repostId":"2218123147","repostType":4,"repost":{"id":"2218123147","pubTimestamp":1646921140,"share":"https://www.laohu8.com/m/news/2218123147?lang=&edition=full","pubTime":"2022-03-10 22:05","market":"us","language":"en","title":"Apple's Stock Faces A Steep Sell-Off","url":"https://stock-news.laohu8.com/highlight/detail?id=2218123147","media":"seekingalpha","summary":"This story was originally written on March 7 for subscribers of Reading The Markets, an SA Marketpla","content":"<html><head></head><body><p><i>This story was originally written on March 7 for subscribers of Reading The Markets, an SA Marketplace service. This story has been updated as of March 9.</i></p><p>Apple (AAPL) shares have come under pressure in recent weeks, along with the broader equity markets, as the war in Ukraine escalates, sending oil and the dollar surging. That, coupled with the potential for several Fed rate hikes as inflation spirals out of control, is resulting in valuation and multiple compression. Apple is not immune to these macro forces.</p><p>Even the latest Apple event on March 8, with the unveiling of a new iPhone SE, iPad Air, and new Mac Studio, will be enough to change the course of Apple over the near term. The issue with Apple is not the fundamentals of the business. The problem with Apple is that the stock&#39;s valuation is high on a historical basis. Right now, investors are re-pricing risk, leading to board multiple compression across the entire market.</p><h2>AAPL&#39;s Valuation Is Still High</h2><p><img src=\"https://static.tigerbbs.com/62f3bc82f1f7ce23f94e0a25183e9e7b\" tg-width=\"640\" tg-height=\"317\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>Apple&#39;s stock is certainly not cheap, trading at 24.7 it 1-yr Fwd EPS estimates, which doesn&#39;t sound high compared to other stocks in the S&amp;P 500. But it&#39;s very high for Apple on a historical basis. Since 2014, Apple has had an average PE ratio of 16.7. Now it&#39;s reasonable to assume some added multiple expansion over the years due to the company&#39;s addition of its services business. However, despite its decline, the current PE ratio is still more than <a href=\"https://laohu8.com/S/AONE.U\">one</a> standard deviation above the historical average.</p><p>It probably signals a lot more multiple compression to go for Apple&#39;s stock, should the general trend in the broader market continue to hold. That multiple could fall dramatically, potentially to 20 or lower.</p><p>If Apple is forecast to earn around $6.69 per share in 2023 and sees its PE ratio fall to about 20 times earnings, the stock would only be valued at approximately $134. That would be a considerable drop from its current price of roughly $162 on March 9, a decline of about 17.4%.</p><p>The valuation may especially matter given that company is only expected to see earnings grow 9.6% in the fiscal year 2022 and 6.8% in the fiscal year 2023, which doesn&#39;t justify the historically high valuation.</p><p><img src=\"https://static.tigerbbs.com/bf1a8ddea8fbe028617f8f659fd46cae\" tg-width=\"640\" tg-height=\"325\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><h2>Betting Shares Drops</h2><p>This type of thinking could have led someone to make a massive bet that Apple&#39;s stock will see lower prices soon. On March 7, the April 14 $150 puts saw their open interest rise by an eye-popping 45,000 contracts. The data shows the contracts were bought on the ASK at various prices during the trading session on March 4 for around $3. That would imply that the stock would need to fall below $147 for the trader to profit if holding the contracts until the expiration date.</p><h2>Trends Breaking Down</h2><p>The technical chart does not look strong and shows that prices have been declining and approaching a critical long-term uptrend that started in May. The technical pattern itself is a rising broadening wedge, which tends to be a bearish pattern. A break of that uptrend would result in the stock falling to around $149, the next level of crucial support for the equity. Additionally, the relative strength index is trending lower, suggesting a loss of bullish momentum.</p><p><img src=\"https://static.tigerbbs.com/b4bb2f209fcb045281afe14f2543d6c7\" tg-width=\"640\" tg-height=\"444\" referrerpolicy=\"no-referrer\"/></p><p>Tradingview</p><p>The decline in Apple shares may have nothing to do with the fundamentals of the business, which seem pretty strong right now, especially in the face of the strong product line-up. The company has recently started rolling out its chip designs into its Mac and iPad line-ups. Plus, the recent event showed the addition of a new Mac.</p><p>None of this is to say that Apple doesn&#39;t have a strong path forward in the future. It does. At this point, the macro backdrop has shifted, resulting in changes in the stock&#39;s valuation.</p><p>It&#39;s more likely that Apple will fall victim to changing market dynamics that favor further multiple compression, not due to the strength and positioning of the company.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple's Stock Faces A Steep Sell-Off</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\">\nApple's Stock Faces A Steep Sell-Off\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-10 22:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4494129-apples-stock-faces-a-steep-sell-off><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This story was originally written on March 7 for subscribers of Reading The Markets, an SA Marketplace service. This story has been updated as of March 9.Apple (AAPL) shares have come under pressure ...</p>\n\n<a href=\"https://seekingalpha.com/article/4494129-apples-stock-faces-a-steep-sell-off\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","BK4515":"5G概念","BK4553":"喜马拉雅资本持仓","AAPL":"苹果","BK4571":"数字音乐概念","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4576":"AR","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","BK4575":"芯片概念","BK4501":"段永平概念","BK4527":"明星科技股","BK4559":"巴菲特持仓","BK4579":"人工智能","BK4550":"红杉资本持仓","BK4574":"无人驾驶","BK4573":"虚拟现实","BK4505":"高瓴资本持仓","BK4581":"高盛持仓","BK4512":"苹果概念","BK4170":"电脑硬件、储存设备及电脑周边"},"source_url":"https://seekingalpha.com/article/4494129-apples-stock-faces-a-steep-sell-off","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2218123147","content_text":"This story was originally written on March 7 for subscribers of Reading The Markets, an SA Marketplace service. This story has been updated as of March 9.Apple (AAPL) shares have come under pressure in recent weeks, along with the broader equity markets, as the war in Ukraine escalates, sending oil and the dollar surging. That, coupled with the potential for several Fed rate hikes as inflation spirals out of control, is resulting in valuation and multiple compression. Apple is not immune to these macro forces.Even the latest Apple event on March 8, with the unveiling of a new iPhone SE, iPad Air, and new Mac Studio, will be enough to change the course of Apple over the near term. The issue with Apple is not the fundamentals of the business. The problem with Apple is that the stock's valuation is high on a historical basis. Right now, investors are re-pricing risk, leading to board multiple compression across the entire market.AAPL's Valuation Is Still HighBloombergApple's stock is certainly not cheap, trading at 24.7 it 1-yr Fwd EPS estimates, which doesn't sound high compared to other stocks in the S&P 500. But it's very high for Apple on a historical basis. Since 2014, Apple has had an average PE ratio of 16.7. Now it's reasonable to assume some added multiple expansion over the years due to the company's addition of its services business. However, despite its decline, the current PE ratio is still more than one standard deviation above the historical average.It probably signals a lot more multiple compression to go for Apple's stock, should the general trend in the broader market continue to hold. That multiple could fall dramatically, potentially to 20 or lower.If Apple is forecast to earn around $6.69 per share in 2023 and sees its PE ratio fall to about 20 times earnings, the stock would only be valued at approximately $134. That would be a considerable drop from its current price of roughly $162 on March 9, a decline of about 17.4%.The valuation may especially matter given that company is only expected to see earnings grow 9.6% in the fiscal year 2022 and 6.8% in the fiscal year 2023, which doesn't justify the historically high valuation.BloombergBetting Shares DropsThis type of thinking could have led someone to make a massive bet that Apple's stock will see lower prices soon. On March 7, the April 14 $150 puts saw their open interest rise by an eye-popping 45,000 contracts. The data shows the contracts were bought on the ASK at various prices during the trading session on March 4 for around $3. That would imply that the stock would need to fall below $147 for the trader to profit if holding the contracts until the expiration date.Trends Breaking DownThe technical chart does not look strong and shows that prices have been declining and approaching a critical long-term uptrend that started in May. The technical pattern itself is a rising broadening wedge, which tends to be a bearish pattern. A break of that uptrend would result in the stock falling to around $149, the next level of crucial support for the equity. Additionally, the relative strength index is trending lower, suggesting a loss of bullish momentum.TradingviewThe decline in Apple shares may have nothing to do with the fundamentals of the business, which seem pretty strong right now, especially in the face of the strong product line-up. The company has recently started rolling out its chip designs into its Mac and iPad line-ups. Plus, the recent event showed the addition of a new Mac.None of this is to say that Apple doesn't have a strong path forward in the future. It does. At this point, the macro backdrop has shifted, resulting in changes in the stock's valuation.It's more likely that Apple will fall victim to changing market dynamics that favor further multiple compression, not due to the strength and positioning of the company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883447588,"gmtCreate":1631267665544,"gmtModify":1676530514016,"author":{"id":"4091677022334480","authorId":"4091677022334480","name":"Kevin28","avatar":"https://static.tigerbbs.com/e4e7eb9de10e32de7cfdfaf1c541886d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good result&nbsp;","listText":"Good result&nbsp;","text":"Good result","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/883447588","repostId":"1145569739","repostType":4,"repost":{"id":"1145569739","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1631252036,"share":"https://www.laohu8.com/m/news/1145569739?lang=&edition=full","pubTime":"2021-09-10 13:33","market":"us","language":"en","title":"TSMC revenue for August was approximately NT$137.43 billion,an increase of 11.8% YOY","url":"https://stock-news.laohu8.com/highlight/detail?id=1145569739","media":"Tiger Newspress","summary":"TSMC today announced its net revenue for August 2021: On a consolidated basis, revenue for August 20","content":"<p>TSMC&nbsp;today announced its net revenue for August 2021: On a consolidated basis, revenue for August 2021 was approximately NT$137.43 billion, an increase of 10.3&nbsp;percent from July 2021 and an increase of 11.8&nbsp;percent from August 2020. Revenue for January through August 2021 totaled NT$996.54 billion, an increase of 17.2 percent compared to the same period in 2020.</p>\n<p><img src=\"https://static.tigerbbs.com/179f39de55e675045687b13640a7992c\" tg-width=\"676\" tg-height=\"139\" referrerpolicy=\"no-referrer\"></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>TSMC revenue for August was approximately NT$137.43 billion,an increase of 11.8% YOY</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\">\nTSMC revenue for August was approximately NT$137.43 billion,an increase of 11.8% YOY\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-10 13:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>TSMC&nbsp;today announced its net revenue for August 2021: On a consolidated basis, revenue for August 2021 was approximately NT$137.43 billion, an increase of 10.3&nbsp;percent from July 2021 and an increase of 11.8&nbsp;percent from August 2020. Revenue for January through August 2021 totaled NT$996.54 billion, an increase of 17.2 percent compared to the same period in 2020.</p>\n<p><img src=\"https://static.tigerbbs.com/179f39de55e675045687b13640a7992c\" tg-width=\"676\" tg-height=\"139\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145569739","content_text":"TSMC today announced its net revenue for August 2021: On a consolidated basis, revenue for August 2021 was approximately NT$137.43 billion, an increase of 10.3 percent from July 2021 and an increase of 11.8 percent from August 2020. Revenue for January through August 2021 totaled NT$996.54 billion, an increase of 17.2 percent compared to the same period in 2020.","news_type":1},"isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9022073021,"gmtCreate":1653447841563,"gmtModify":1676535284564,"author":{"id":"4091677022334480","authorId":"4091677022334480","name":"Kevin28","avatar":"https://static.tigerbbs.com/e4e7eb9de10e32de7cfdfaf1c541886d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/03067\">$ISHARESHSTECH(03067)$</a>[Like]&nbsp;","listText":"<a href=\"https://ttm.financial/S/03067\">$ISHARESHSTECH(03067)$</a>[Like]&nbsp;","text":"$ISHARESHSTECH(03067)$[Like]","images":[{"img":"https://community-static.tradeup.com/news/03e6eeab38b60a128e5c9c51e105d341","width":"1080","height":"2153"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022073021","isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9036517552,"gmtCreate":1647140486040,"gmtModify":1676534198135,"author":{"id":"4091677022334480","authorId":"4091677022334480","name":"Kevin28","avatar":"https://static.tigerbbs.com/e4e7eb9de10e32de7cfdfaf1c541886d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9036517552","repostId":"1114916653","repostType":4,"repost":{"id":"1114916653","pubTimestamp":1647133084,"share":"https://www.laohu8.com/m/news/1114916653?lang=&edition=full","pubTime":"2022-03-13 08:58","market":"us","language":"en","title":"Nasdaq Bear Market: 3 Growth Stocks You'll Regret Not Buying On the Dip","url":"https://stock-news.laohu8.com/highlight/detail?id=1114916653","media":"Motley Fool","summary":"A 20% decline in the Nasdaq is the ideal time to put your money to work in these innovative companie","content":"<html><head></head><body><p>A 20% decline in the Nasdaq is the ideal time to put your money to work in these innovative companies.</p><p>Since the Great Recession&#39;s bottom was hit 13 years ago, the technology-dependent <b>Nasdaq Composite</b>(^IXIC-2.18%)has been virtually unstoppable. Whereas the iconic <b>Dow Jones Industrial Average</b> and broad-based <b>S&amp;P 500</b> have delivered respective gains of 398% and 517% since bottoming out on March 9, 2009, the Nasdaq Composite has run away with an aggregate increase of 909%!</p><p>But over the trailing four months, enthusiasm surrounding the high-growth stocks that have powered the Nasdaq higher for more than a decade has faded. As of March 8, the Nasdaq Composite was officially in abear market, with a loss of 20.3% from its all-time closing high.</p><p>While these wild swings can be unnerving, especially for newer investors, history has conclusively shown that buying during these dips is a smart move for long-term investors. That&#39;s because every notable decline in the stock market is eventually erased by a bull market rally.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bfa6ff2b91c8f20bca964751a738928f\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><p>Below are three growth stocks you&#39;ll likely regret not buying as the Nasdaq dips into bear market territory.</p><p><b>Upstart Holdings</b></p><p>The first growth stock you&#39;ll potentially be kicking yourself for not buying during the Nasdaq bear market is cloud-based lending platform<b>Upstart Holdings</b>(UPST-11.20%).</p><p>Admittedly, Upstart has had a wild ride since the beginning of August. Shares nearly quadrupled to $400 in less than three months and have retraced as much as 80%since hitting an all-time high. While the upside move was, arguably, a bit much, this retracement overlooks how transformative the company&#39;s lending platform could be for lending institutions and consumers.</p><p>The traditional vetting process for loan applications is costly and time-consuming. But with Upstart, approximately two-thirds of all personal loan applicants receive an answer immediately. By relying on artificial intelligence (AI) and machine learning, Upstart is able to quickly vet applicants and save lending institutions time and money. Additionally, the company&#39;s AI-based platform is leading to a wider gamut of applicants getting approved -- even those with low credit scores.</p><p>The recent weakness in Upstart likely has to do with the expectation of higher interest rates. With inflation hitting a 40-year high in January, the Federal Reserve has little choice but to hike interest rates to quell inflation. The concern is that higher rates could reduce the number of loan applicants and slow Upstart&#39;s rapid growth.</p><p>However, it&#39;s important to note that 94% of the company&#39;s fourth-quarter revenue was service- or fee-based.  The company has no credit exposure, and therefore doesn&#39;t have to worry about loan losses or delinquencies. What&#39;s more, with the company&#39;s platform saving lending institutions money, they&#39;re even more liable to rely on Upstart as interest rates rise and the loan applicant pool thins out a bit.</p><p>Keep in mind that personal loans are just a jumping-off point for Upstart. The acquisition of Prodigy Software in 2021 gives the company a path to tackle the auto loan origination market with its AI lending platform. Mortgage loan originations are likely to be the next target after that.</p><p>With Upstartforecast to grow its sales by 273%over the next five years, now is the perfect time to take advantage of this recent discount.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0fcb2293b92cf93aba2597dc9a6facfa\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><p><b>Lovesac</b></p><p>Another growth stock you&#39;ll regret not buying with the Nasdaq hitting bear market territory is specialty furniture retailer<b>Lovesac</b>(LOVE-4.17%).</p><p>Generally speaking, furniture companies are highly cyclical, slow-growing, and very much dependent on foot traffic to their brick-and-mortar stores. Lovesac is attempting to turn this stodgy industry on its head in two unique ways.</p><p>First,Lovesac is changing the game with its furniture. Although the company was initially known for its beanbag-styled chairs, &#34;sactionals&#34; now make up around 85% of total sales. Sactionals are modular couches that can be rearranged dozens of ways to fit most living spaces. In addition to their functionality, there are approximately 200 cover choices that buyers can choose from. This means sactionals will match any theme or color scheme of a home. And perhaps best of all, the yarn used to make these covers is entirely derived from recycled plastic water bottles. That&#39;s function, choice, and eco-friendly production rolled up into one product.</p><p>The second source of differentiation for Lovesac is the company&#39;s omnichannel sales platform. Whereas most furniture stores were severely hampered by COVID-19 lockdowns, Lovesac was able to shift nearly half of its annual sales online. The company also utilized pop-up showrooms and leaned on showroom partnerships with brand-name retailers to keep its physical rent costs down. The point is that Lovesac&#39;s overhead costs are substantially lower than those of other furniture stores, which has led tosuperior margins and recurring profits.</p><p>Despite obliterating Wall Street&#39;s expectations for the past two years, Lovesac&#39;s shares have retraced almost 60% from their all-time high. With the company expected to sustain double-digit sales growth for years to come, and shares valued at only 19 times Wall Street&#39;s consensus earnings for next year, now is the time for opportunistic investors to pounce.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb0880fa9f40b9af4d310e1390a18754\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><p><b>Qorvo</b></p><p>The third growth stock you&#39;re going to regret not scooping up with the Nasdaq hitting bear market territory is radio-frequency systems supplier <b>Qorvo</b>(QRVO-1.49%).</p><p>The big theme expected to drive Qorvo&#39;s top and bottom line substantially higher is the ongoing rollout of5G wireless infrastructure. It&#39;s been approximately a decade since wireless download speeds were notably improved. The introduction of 5G download speeds should coax consumers and businesses to undertake a multiyear device replacement cycle.</p><p>Qorvo supplies a number of key components used in next-generation smartphones with 5G capability. This includes <b>Apple</b>&#39;s iPhone, which accounted for in the neighborhood of 30% of Qorvo&#39;s sales in 2021. In fact, Apple&#39;s recently introduced iPhone SE with 5G capability is yet another opportunity for Qorvo&#39;s chips to find a home.</p><p>In simple terms, the more 5G-capable smartphones that are produced, the more likely it is that Qorvo&#39;s solutions will find their way into those devices. According to IDC, U.S. smartphone shipments are expected to grow from 89.5 million units in 2021 to more than 153 million by mid-decade.</p><p>Although smartphone solutions make up the bulk of Qorvo&#39;s revenue, it&#39;s not the company&#39;s only source of growth. For example, it supplies wireless connectivity solutions used in next-generation vehicles. As newer vehicles become more reliant on technology and driver-assist features, companies like Qorvo will be leaned on to a greater degree.</p><p>Qorvo represents one of those rare instances where a growth stock can be a value stock, too. Despite low double-digit sales growth, investors can buy shares of the company for less than 10 times Wall Street&#39;s forecast earnings for fiscal 2023. That&#39;s incredibly inexpensive for a company that&#39;s intricately tied to the growth of next-gen smartphones.</p></body></html>","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>Nasdaq Bear Market: 3 Growth Stocks You'll Regret Not Buying On the Dip</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNasdaq Bear Market: 3 Growth Stocks You'll Regret Not Buying On the Dip\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-13 08:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/03/12/nasdaq-bear-market-3-growth-stocks-regret-not-buy/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A 20% decline in the Nasdaq is the ideal time to put your money to work in these innovative companies.Since the Great Recession's bottom was hit 13 years ago, the technology-dependent Nasdaq Composite...</p>\n\n<a href=\"https://www.fool.com/investing/2022/03/12/nasdaq-bear-market-3-growth-stocks-regret-not-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LOVE":"Lovesac Co.","QRVO":"Qorvo, Inc.","UPST":"Upstart Holdings, Inc."},"source_url":"https://www.fool.com/investing/2022/03/12/nasdaq-bear-market-3-growth-stocks-regret-not-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114916653","content_text":"A 20% decline in the Nasdaq is the ideal time to put your money to work in these innovative companies.Since the Great Recession's bottom was hit 13 years ago, the technology-dependent Nasdaq Composite(^IXIC-2.18%)has been virtually unstoppable. Whereas the iconic Dow Jones Industrial Average and broad-based S&P 500 have delivered respective gains of 398% and 517% since bottoming out on March 9, 2009, the Nasdaq Composite has run away with an aggregate increase of 909%!But over the trailing four months, enthusiasm surrounding the high-growth stocks that have powered the Nasdaq higher for more than a decade has faded. As of March 8, the Nasdaq Composite was officially in abear market, with a loss of 20.3% from its all-time closing high.While these wild swings can be unnerving, especially for newer investors, history has conclusively shown that buying during these dips is a smart move for long-term investors. That's because every notable decline in the stock market is eventually erased by a bull market rally.Image source: Getty Images.Below are three growth stocks you'll likely regret not buying as the Nasdaq dips into bear market territory.Upstart HoldingsThe first growth stock you'll potentially be kicking yourself for not buying during the Nasdaq bear market is cloud-based lending platformUpstart Holdings(UPST-11.20%).Admittedly, Upstart has had a wild ride since the beginning of August. Shares nearly quadrupled to $400 in less than three months and have retraced as much as 80%since hitting an all-time high. While the upside move was, arguably, a bit much, this retracement overlooks how transformative the company's lending platform could be for lending institutions and consumers.The traditional vetting process for loan applications is costly and time-consuming. But with Upstart, approximately two-thirds of all personal loan applicants receive an answer immediately. By relying on artificial intelligence (AI) and machine learning, Upstart is able to quickly vet applicants and save lending institutions time and money. Additionally, the company's AI-based platform is leading to a wider gamut of applicants getting approved -- even those with low credit scores.The recent weakness in Upstart likely has to do with the expectation of higher interest rates. With inflation hitting a 40-year high in January, the Federal Reserve has little choice but to hike interest rates to quell inflation. The concern is that higher rates could reduce the number of loan applicants and slow Upstart's rapid growth.However, it's important to note that 94% of the company's fourth-quarter revenue was service- or fee-based.  The company has no credit exposure, and therefore doesn't have to worry about loan losses or delinquencies. What's more, with the company's platform saving lending institutions money, they're even more liable to rely on Upstart as interest rates rise and the loan applicant pool thins out a bit.Keep in mind that personal loans are just a jumping-off point for Upstart. The acquisition of Prodigy Software in 2021 gives the company a path to tackle the auto loan origination market with its AI lending platform. Mortgage loan originations are likely to be the next target after that.With Upstartforecast to grow its sales by 273%over the next five years, now is the perfect time to take advantage of this recent discount.Image source: Getty Images.LovesacAnother growth stock you'll regret not buying with the Nasdaq hitting bear market territory is specialty furniture retailerLovesac(LOVE-4.17%).Generally speaking, furniture companies are highly cyclical, slow-growing, and very much dependent on foot traffic to their brick-and-mortar stores. Lovesac is attempting to turn this stodgy industry on its head in two unique ways.First,Lovesac is changing the game with its furniture. Although the company was initially known for its beanbag-styled chairs, \"sactionals\" now make up around 85% of total sales. Sactionals are modular couches that can be rearranged dozens of ways to fit most living spaces. In addition to their functionality, there are approximately 200 cover choices that buyers can choose from. This means sactionals will match any theme or color scheme of a home. And perhaps best of all, the yarn used to make these covers is entirely derived from recycled plastic water bottles. That's function, choice, and eco-friendly production rolled up into one product.The second source of differentiation for Lovesac is the company's omnichannel sales platform. Whereas most furniture stores were severely hampered by COVID-19 lockdowns, Lovesac was able to shift nearly half of its annual sales online. The company also utilized pop-up showrooms and leaned on showroom partnerships with brand-name retailers to keep its physical rent costs down. The point is that Lovesac's overhead costs are substantially lower than those of other furniture stores, which has led tosuperior margins and recurring profits.Despite obliterating Wall Street's expectations for the past two years, Lovesac's shares have retraced almost 60% from their all-time high. With the company expected to sustain double-digit sales growth for years to come, and shares valued at only 19 times Wall Street's consensus earnings for next year, now is the time for opportunistic investors to pounce.Image source: Getty Images.QorvoThe third growth stock you're going to regret not scooping up with the Nasdaq hitting bear market territory is radio-frequency systems supplier Qorvo(QRVO-1.49%).The big theme expected to drive Qorvo's top and bottom line substantially higher is the ongoing rollout of5G wireless infrastructure. It's been approximately a decade since wireless download speeds were notably improved. The introduction of 5G download speeds should coax consumers and businesses to undertake a multiyear device replacement cycle.Qorvo supplies a number of key components used in next-generation smartphones with 5G capability. This includes Apple's iPhone, which accounted for in the neighborhood of 30% of Qorvo's sales in 2021. In fact, Apple's recently introduced iPhone SE with 5G capability is yet another opportunity for Qorvo's chips to find a home.In simple terms, the more 5G-capable smartphones that are produced, the more likely it is that Qorvo's solutions will find their way into those devices. According to IDC, U.S. smartphone shipments are expected to grow from 89.5 million units in 2021 to more than 153 million by mid-decade.Although smartphone solutions make up the bulk of Qorvo's revenue, it's not the company's only source of growth. For example, it supplies wireless connectivity solutions used in next-generation vehicles. As newer vehicles become more reliant on technology and driver-assist features, companies like Qorvo will be leaned on to a greater degree.Qorvo represents one of those rare instances where a growth stock can be a value stock, too. Despite low double-digit sales growth, investors can buy shares of the company for less than 10 times Wall Street's forecast earnings for fiscal 2023. That's incredibly inexpensive for a company that's intricately tied to the growth of next-gen smartphones.","news_type":1},"isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9027937425,"gmtCreate":1653958005067,"gmtModify":1676535369022,"author":{"id":"4091677022334480","authorId":"4091677022334480","name":"Kevin28","avatar":"https://static.tigerbbs.com/e4e7eb9de10e32de7cfdfaf1c541886d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>[Like]&nbsp;","listText":"<a href=\"https://ttm.financial/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>[Like]&nbsp;","text":"$GENTING SINGAPORE LIMITED(G13.SI)$[Like]","images":[{"img":"https://community-static.tradeup.com/news/cebe1fc62b25f2c04022c6664cb05e2c","width":"1080","height":"2282"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9027937425","isVote":1,"tweetType":1,"viewCount":14,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9022079384,"gmtCreate":1653447661448,"gmtModify":1676535284556,"author":{"id":"4091677022334480","authorId":"4091677022334480","name":"Kevin28","avatar":"https://static.tigerbbs.com/e4e7eb9de10e32de7cfdfaf1c541886d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022079384","repostId":"1139099159","repostType":4,"repost":{"id":"1139099159","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1653444320,"share":"https://www.laohu8.com/m/news/1139099159?lang=&edition=full","pubTime":"2022-05-25 10:05","market":"us","language":"en","title":"Tiger Chart | A History of S&P 500 Bear Markets Since 1929","url":"https://stock-news.laohu8.com/highlight/detail?id=1139099159","media":"Tiger Newspress","summary":"The S&P 500 has experienced 25 bear markets since 1929. Among them, the worst one from 1929 to 1932 ","content":"<html><head></head><body><p>The S&amp;P 500 has experienced 25 bear markets since 1929. Among them, the worst one from 1929 to 1932 experienced the longest duration in history, and its loss reached 86.2%, while the latest one occurred during the COVID-19 pandemic in 2020.</p><p>On average, each bear market faced a loss of 33.4% and experienced about 331 days. Moreover, it would occur nearly every four years.</p><p><img src=\"https://static.tigerbbs.com/e320175f3c959df19d6e36f9c45e64bd\" tg-width=\"750\" tg-height=\"1889\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tiger Chart | A History of S&P 500 Bear Markets Since 1929</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\">\nTiger Chart | A History of S&P 500 Bear Markets Since 1929\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-05-25 10:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The S&amp;P 500 has experienced 25 bear markets since 1929. Among them, the worst one from 1929 to 1932 experienced the longest duration in history, and its loss reached 86.2%, while the latest one occurred during the COVID-19 pandemic in 2020.</p><p>On average, each bear market faced a loss of 33.4% and experienced about 331 days. Moreover, it would occur nearly every four years.</p><p><img src=\"https://static.tigerbbs.com/e320175f3c959df19d6e36f9c45e64bd\" tg-width=\"750\" tg-height=\"1889\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139099159","content_text":"The S&P 500 has experienced 25 bear markets since 1929. Among them, the worst one from 1929 to 1932 experienced the longest duration in history, and its loss reached 86.2%, while the latest one occurred during the COVID-19 pandemic in 2020.On average, each bear market faced a loss of 33.4% and experienced about 331 days. Moreover, it would occur nearly every four years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9028182432,"gmtCreate":1653184763726,"gmtModify":1676535236159,"author":{"id":"4091677022334480","authorId":"4091677022334480","name":"Kevin28","avatar":"https://static.tigerbbs.com/e4e7eb9de10e32de7cfdfaf1c541886d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>[Like]&nbsp;","listText":"<a href=\"https://ttm.financial/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>[Like]&nbsp;","text":"$GENTING SINGAPORE LIMITED(G13.SI)$[Like]","images":[{"img":"https://community-static.tradeup.com/news/1beb241ce0e76ae91147b9429b92b9aa","width":"1080","height":"2282"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9028182432","isVote":1,"tweetType":1,"viewCount":58,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9091763987,"gmtCreate":1643943184149,"gmtModify":1676533874806,"author":{"id":"4091677022334480","authorId":"4091677022334480","name":"Kevin28","avatar":"https://static.tigerbbs.com/e4e7eb9de10e32de7cfdfaf1c541886d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"OK&nbsp;","listText":"OK&nbsp;","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091763987","repostId":"2208841315","repostType":4,"isVote":1,"tweetType":1,"viewCount":313,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886829091,"gmtCreate":1631580969313,"gmtModify":1676530580304,"author":{"id":"4091677022334480","authorId":"4091677022334480","name":"Kevin28","avatar":"https://static.tigerbbs.com/e4e7eb9de10e32de7cfdfaf1c541886d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"But the index still going up&nbsp;","listText":"But the index still going up&nbsp;","text":"But the index still going up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/886829091","repostId":"1178276551","repostType":4,"repost":{"id":"1178276551","pubTimestamp":1631574947,"share":"https://www.laohu8.com/m/news/1178276551?lang=&edition=full","pubTime":"2021-09-14 07:15","market":"us","language":"en","title":"S&P 500 snaps losing streak with tax hikes, inflation data on horizon","url":"https://stock-news.laohu8.com/highlight/detail?id=1178276551","media":"Reuters","summary":"NEW YORK (Reuters) - The S&P 500 closed higher on Monday, ending a five-day losing streak as investo","content":"<p>NEW YORK (Reuters) - The S&amp;P 500 closed higher on Monday, ending a five-day losing streak as investors focused on potential corporate tax hikes and upcoming economic data.</p>\n<p>The Dow Jones Industrial Average also advanced, but the Nasdaq Composite Index ended lower.</p>\n<p>Investors favored value over growth, with stocks set to benefit most from a resurging economy enjoying the biggest percentage gains.</p>\n<p>“There are probably not a lot of positive surprises coming this month,” said Liz Young, head of investment strategy at SoFi in New York. “We’re having another period of volatility where I think that rotation could go back to cyclicals and the reopened trade, as the 10-year bond rate slowly grinds higher through the end of the year.”</p>\n<p>Market participants are focused on the likely passage of U.S. President Joe Biden’s $3.5 trillion budget package, which is expected to include a proposed corporate tax rate hike to 26.5% from 21%.</p>\n<p>Goldman Sachs analysts see the corporate tax rate increasing to 25% and the passage of about half of a proposed increase to tax rates on foreign income, which they estimate would reduce S&amp;P 500 earnings by 5% in 2022.</p>\n<p>The Labor Department is due to release its consumer price index data on Tuesday, which could shed further light on the current inflation wave and whether it is as transitory as the Fed insists.</p>\n<p>“I don’t see inflation settling back down under 2% where it was pre-pandemic,” Young added. “Even if some of those transitory forces weaken, we will still stay at a higher rate than we were before.”</p>\n<p>Other key indicators due this week include retail sales and consumer sentiment, which could illuminate how much the demand boom driven by economic re-engagement has been dampened by the highly contagious COVID-19 Delta variant.</p>\n<p>The Dow Jones Industrial Average rose 261.91 points, or 0.76%, to 34,869.63, the S&amp;P 500 gained 10.15 points, or 0.23%, at 4,468.73 and the Nasdaq Composite dropped 9.91 points, or 0.07%, to 15,105.58.</p>\n<p>Of the 11 major sectors in the S&amp;P 500, healthcare suffered the largest percentage loss, while energy, buoyed by rising crude prices was the biggest gainer.</p>\n<p>Shares of vaccine makers Moderna and Pfizer Inc sank 6.6% and 2.2%, respectively, after experts said COVID booster shots are not widely needed.</p>\n<p>Coinbase Global Inc announced plans to raise about $1.5 billion through a debt offering aimed at funding product development and potential acquisitions. The cryptocurrency exchanges shares slid 2.2%.</p>\n<p>Salesforce.com Inc dipped 1.2% as rival Freshworks Inc’s regulatory filing indicated that the business engagement and customer engagement software company is aiming for a nearly $9 billion valuation in it U.S. debut.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.60-to-1 ratio; on Nasdaq, a 1.02-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 12 new 52-week highs and one new low; the Nasdaq Composite recorded 53 new highs and 71 new lows.</p>\n<p>Volume on U.S. exchanges was 10.30 billion shares, compared with the 9.29 billion average over the last 20 trading days.</p>","source":"lsy1601381805984","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>S&P 500 snaps losing streak with tax hikes, inflation data on horizon</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\">\nS&P 500 snaps losing streak with tax hikes, inflation data on horizon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-14 07:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-snaps-losing-streak-with-tax-hikes-inflation-data-on-horizon-idUSL1N2QF2DB><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - The S&P 500 closed higher on Monday, ending a five-day losing streak as investors focused on potential corporate tax hikes and upcoming economic data.\nThe Dow Jones Industrial ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-snaps-losing-streak-with-tax-hikes-inflation-data-on-horizon-idUSL1N2QF2DB\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-snaps-losing-streak-with-tax-hikes-inflation-data-on-horizon-idUSL1N2QF2DB","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178276551","content_text":"NEW YORK (Reuters) - The S&P 500 closed higher on Monday, ending a five-day losing streak as investors focused on potential corporate tax hikes and upcoming economic data.\nThe Dow Jones Industrial Average also advanced, but the Nasdaq Composite Index ended lower.\nInvestors favored value over growth, with stocks set to benefit most from a resurging economy enjoying the biggest percentage gains.\n“There are probably not a lot of positive surprises coming this month,” said Liz Young, head of investment strategy at SoFi in New York. “We’re having another period of volatility where I think that rotation could go back to cyclicals and the reopened trade, as the 10-year bond rate slowly grinds higher through the end of the year.”\nMarket participants are focused on the likely passage of U.S. President Joe Biden’s $3.5 trillion budget package, which is expected to include a proposed corporate tax rate hike to 26.5% from 21%.\nGoldman Sachs analysts see the corporate tax rate increasing to 25% and the passage of about half of a proposed increase to tax rates on foreign income, which they estimate would reduce S&P 500 earnings by 5% in 2022.\nThe Labor Department is due to release its consumer price index data on Tuesday, which could shed further light on the current inflation wave and whether it is as transitory as the Fed insists.\n“I don’t see inflation settling back down under 2% where it was pre-pandemic,” Young added. “Even if some of those transitory forces weaken, we will still stay at a higher rate than we were before.”\nOther key indicators due this week include retail sales and consumer sentiment, which could illuminate how much the demand boom driven by economic re-engagement has been dampened by the highly contagious COVID-19 Delta variant.\nThe Dow Jones Industrial Average rose 261.91 points, or 0.76%, to 34,869.63, the S&P 500 gained 10.15 points, or 0.23%, at 4,468.73 and the Nasdaq Composite dropped 9.91 points, or 0.07%, to 15,105.58.\nOf the 11 major sectors in the S&P 500, healthcare suffered the largest percentage loss, while energy, buoyed by rising crude prices was the biggest gainer.\nShares of vaccine makers Moderna and Pfizer Inc sank 6.6% and 2.2%, respectively, after experts said COVID booster shots are not widely needed.\nCoinbase Global Inc announced plans to raise about $1.5 billion through a debt offering aimed at funding product development and potential acquisitions. The cryptocurrency exchanges shares slid 2.2%.\nSalesforce.com Inc dipped 1.2% as rival Freshworks Inc’s regulatory filing indicated that the business engagement and customer engagement software company is aiming for a nearly $9 billion valuation in it U.S. debut.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.60-to-1 ratio; on Nasdaq, a 1.02-to-1 ratio favored advancers.\nThe S&P 500 posted 12 new 52-week highs and one new low; the Nasdaq Composite recorded 53 new highs and 71 new lows.\nVolume on U.S. exchanges was 10.30 billion shares, compared with the 9.29 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9911070229,"gmtCreate":1664099513561,"gmtModify":1676537390587,"author":{"id":"4091677022334480","authorId":"4091677022334480","name":"Kevin28","avatar":"https://static.tigerbbs.com/e4e7eb9de10e32de7cfdfaf1c541886d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BHP.AU\">$BHP GROUP LTD(BHP.AU)$</a><v-v data-views=\"0\"></v-v>","listText":"<a href=\"https://ttm.financial/S/BHP.AU\">$BHP GROUP LTD(BHP.AU)$</a><v-v data-views=\"0\"></v-v>","text":"$BHP GROUP LTD(BHP.AU)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9911070229","isVote":1,"tweetType":1,"viewCount":219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9057010163,"gmtCreate":1655434555952,"gmtModify":1676535639276,"author":{"id":"4091677022334480","authorId":"4091677022334480","name":"Kevin28","avatar":"https://static.tigerbbs.com/e4e7eb9de10e32de7cfdfaf1c541886d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/03067\">$ISHARESHSTECH(03067)$</a>[Like]&nbsp;","listText":"<a href=\"https://ttm.financial/S/03067\">$ISHARESHSTECH(03067)$</a>[Like]&nbsp;","text":"$ISHARESHSTECH(03067)$[Like]","images":[{"img":"https://community-static.tradeup.com/news/077f637c68a1c09e48efa6da63b21efc","width":"1080","height":"2153"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9057010163","isVote":1,"tweetType":1,"viewCount":91,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9054100181,"gmtCreate":1655348310943,"gmtModify":1676535620141,"author":{"id":"4091677022334480","authorId":"4091677022334480","name":"Kevin28","avatar":"https://static.tigerbbs.com/e4e7eb9de10e32de7cfdfaf1c541886d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>[Like]&nbsp;","listText":"<a href=\"https://ttm.financial/S/G13.SI\">$GENTING SINGAPORE LIMITED(G13.SI)$</a>[Like]&nbsp;","text":"$GENTING SINGAPORE LIMITED(G13.SI)$[Like]","images":[{"img":"https://community-static.tradeup.com/news/a138f50dbc4b4eafef38c60053ddc946","width":"1080","height":"2282"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054100181","isVote":1,"tweetType":1,"viewCount":135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9021162047,"gmtCreate":1653014129289,"gmtModify":1676535208644,"author":{"id":"4091677022334480","authorId":"4091677022334480","name":"Kevin28","avatar":"https://static.tigerbbs.com/e4e7eb9de10e32de7cfdfaf1c541886d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/FUT/MES2206\">$Micro E-mini S&amp;P 500 - Jun 2022(MES2206)$</a>[Like]&nbsp;","listText":"<a href=\"https://ttm.financial/FUT/MES2206\">$Micro E-mini S&amp;P 500 - Jun 2022(MES2206)$</a>[Like]&nbsp;","text":"$Micro E-mini S&P 500 - Jun 2022(MES2206)$[Like]","images":[{"img":"https://community-static.tradeup.com/news/29b4b9d5ef36ee87c9a801b788dc3feb","width":"1080","height":"2083"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9021162047","isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9069665883,"gmtCreate":1651282831233,"gmtModify":1676534883833,"author":{"id":"4091677022334480","authorId":"4091677022334480","name":"Kevin28","avatar":"https://static.tigerbbs.com/e4e7eb9de10e32de7cfdfaf1c541886d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9069665883","repostId":"1176395936","repostType":4,"repost":{"id":"1176395936","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1651276965,"share":"https://www.laohu8.com/m/news/1176395936?lang=&edition=full","pubTime":"2022-04-30 08:02","market":"us","language":"zh","title":"昨夜今晨 | 道指跌近千点，纳指狂泄逾4%，中概强势普涨","url":"https://stock-news.laohu8.com/highlight/detail?id=1176395936","media":"老虎资讯综合","summary":"纳指四月创08金融危机来最差单月表现。","content":"<html><head></head><body><p><b>行情表现</b></p><p>4月29日周五，在<a href=\"https://laohu8.com/S/AMZN\">亚马逊</a>财报不佳的拖累下，美股三大指数集体低开。开盘不久，道指一度转涨，纳指也尝试平盘但未果，三大指数随即下跌，并在开盘一小时跌幅迅速扩大至集体跌超1%。午盘开始，美股跌幅不断深化且均收于日低，结束了惨烈的4月交易。</p><p>道指收盘前几分钟跌1000点，收跌939.18点，跌幅2.77%，报32977.21点。标普500指数收跌155.57点，跌幅3.63%，报4131.93点。纳指收跌536.89点，跌幅4.17%，报12334.64点。亚马逊是成分股的纳指100跌超600点或跌4.5%。价值股居多的罗素2000小盘股转跌后收跌2.8%。</p><p>标普大盘目前跌至2021年5月19日以来最低，周五创2020年6月来最大单日跌幅，道指跌至今年3月14日来最低，纳指和罗素小盘股均创2020年12月以来的近一年半低位。</p><p><img src=\"https://static.tigerbbs.com/549905e98c7032b49930e1777704a877\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p>标普在4月累跌8.8%，创2020年3月欧美疫情爆发以来最差单月表现；纳（综）指和纳指100均累跌13.3%，齐创2008年10月金融危机以来最差单月表现；道指4月跌3.9%。</p><p><b>纳指深陷熊市，比52周新高回落近24%，与纳指100今日均创52周新低。</b></p><p><img src=\"https://static.tigerbbs.com/8f5375f182bb0eb20b8a6650c180057f\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p><b>宏观数据</b></p><p>经济数据面，美国3月PCE物价指数同比上涨6.6%，略低于预期值6.7%，前值为6.4%，续刷1982年以来的最高水平，为美联储2%目标的3倍多。而美联储决策者最关注的指标，剔除食品和能源价格的核心PCE物价指数同比上涨5.2%，预期值5.3%，前值5.4%，同样保持在近40年最高水平。</p><p>分析称，美联储最看重的通胀指标在3月份以强劲的速度上升，这可能巩固了美联储在5月份将利率提高0.5个百分点的意愿。但美国一季度GDP下滑1.4%，将使美联储的工作变得更加复杂。</p><p>周五公布的另一份经济数据显示，美国4月密歇根大学消费者信心指数为65.2点，低于市场预期65.7点。</p><p>美联储将在下周召开为期两天的货币政策会议。市场普遍预计此次会议将宣布加息50个基点。</p><p><b>个股表现</b></p><p>明星科技股齐跌。“元宇宙”Meta涨3.3%后转跌2.6%。<a href=\"https://laohu8.com/S/MSFT\">微软</a>跌超4%，从三周高位回落。奈飞转跌4.6%，接近2017年底来低位。<a href=\"https://laohu8.com/S/GOOG\">谷歌</a>母公司Alphabet跌3.7%，创11个月新低。</p><p><a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>涨6.5%后转跌0.8%，刷新六周低位，CEO马斯克称不打算更多售股，本周套现85亿美元用于收购推特。特斯拉4月跌19%。</p><p><img src=\"https://static.tigerbbs.com/493a45148fe0e45425b41c89cdd137e4\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p>推特涨0.7%后转跌0.2%，但在收购消息推动下4月涨近27%。</p><p><a href=\"https://laohu8.com/S/AAPL\">苹果</a>跌3.7%，从一周高位回落，高管警告今年自然年二季度营收或因供应链问题最高损失80亿美元，分析称，苹果股价跌幅有限，是因为不少华尔街分析师主张趁低买入，而且一季报还算强劲。</p><p>电商巨头亚马逊大跌14.05%，创2006年7月以来最大跌幅，股价至2020年6月来最低。公司一季度意外亏损，为2015年以来首次，一季度收入增长为二十年最慢且二季度指引疲软。</p><p><img src=\"https://static.tigerbbs.com/eb75107d176074fe5c8ddfa8f7a92ee7\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p>芯片股普跌。费城半导体指数跌4.5%，再次失守3000点。<a href=\"https://laohu8.com/S/NVDA\">英伟达</a>跌6.2%，<a href=\"https://laohu8.com/S/AMD\">AMD</a>跌4.6%，均重新逼近9个月低位。昨日公布财报的<a href=\"https://laohu8.com/S/INTC\">英特尔</a>跌近7%至逾四年最低，二季度指引疲软并预计全球芯片短缺延长到2024年。<a href=\"https://laohu8.com/S/TXN\">德州仪器</a>和<a href=\"https://laohu8.com/S/MU\">美光科技</a>均跌约3%，<a href=\"https://laohu8.com/S/QCOM\">高通</a>跌约6%。</p><p>其他公布财报的个股中，“散户炒股神器”互联网券商Robinhood开盘跌近11%后一度转涨，收跌2.8%，离上市以来最低不远，一季度亏损超预期、收入萎缩和月活用户减少。美孚石油和<a href=\"https://laohu8.com/S/CVX\">雪佛龙</a>石油财报受益于一季度油气价格大涨，雪佛龙利润翻四倍，但至少跌超2%。数字媒体播放器制造商Roku财报利好，股价逆市涨超1%。</p><p>“木头姐”旗舰<a href=\"https://laohu8.com/S/PSFF\">Pacer Swan SOS Fund of Funds ETF|ETF</a> ARKK跌3.6%，4月累跌近29%创史上最大跌幅，从历史高点跌价七成，本周其重仓押注的多只热门科技股财报不佳。</p><p><b>热门中概股周五逆市强势走高</b></p><p>追随隔夜港股科技股盘中暴涨的走势。中概ETF KWEB涨7.4%，CQQQ涨6%，纳斯达克金龙中国指数（HXC）涨4.5%。纳斯达克 100四只成份股中，<a href=\"https://laohu8.com/S/JD\">京东</a>涨6.7%，<a href=\"https://laohu8.com/S/PDD\">拼多多</a>涨13.5%，<a href=\"https://laohu8.com/S/BIDU\">百度</a>涨3%，<a href=\"https://laohu8.com/S/NTES\">网易</a>涨4.4%。其他个股中，<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>涨6.8%，<a href=\"https://laohu8.com/S/00700\">腾讯</a>ADR涨8.8%，B站涨9.8%，<a href=\"https://laohu8.com/S/IQ\">爱奇艺</a>和<a href=\"https://laohu8.com/S/BEKE\">贝壳</a>涨超6.5%， “造车新势力”中仅<a href=\"https://laohu8.com/S/NIO\">蔚来</a>跌1.36%。</p><p><b>美油止步三日连涨，但与布油均连涨五个月逾四年最长</b></p><p>周五，国际油价尾盘转跌，止步三连涨。WTI 6月原油期货收跌0.67美元，跌幅0.63%，报104.69美元/桶，本周累涨2.6%，4月累涨6.3%。布伦特6月原油期货收涨1.75美元，涨幅1.62%，报109.34美元/桶，本周累涨约2.6%，4月累涨4.5%，7月期货追随美油转跌，失守107美元。</p><p>美油WTI日内最高涨2.61美元或涨2.5%，日高上逼108美元，收复4月19日以来大部分跌幅。今日到期的国际布伦特6月合约最高涨2.71美元或涨2.5%，日高上破110美元，更活跃的7月期货最高涨2.73美元或涨2.5%，同样上逼110美元关口，尾盘脱离一周高位。</p><p><img src=\"https://static.tigerbbs.com/96b39ce3c802fb907b35eb6c11522a4f\" tg-width=\"1391\" tg-height=\"871\" referrerpolicy=\"no-referrer\"/></p><p><b>4月两种油价均为为连续第五个月累涨，创2018年1月以来的最长月度连涨周期。</b>美油昨日还创一个月来最大现货溢价结构，表明供应紧张。</p><p>油价本周后期涨幅明显放大，与德国支持的欧盟对俄罗斯原油禁运“呼之欲出”有关，若欧洲突然要在国际市场上寻找大量油气替代供给，将继续推高价格。这一逻辑也令美国柴油期货跃升至1986年有数据以来最高，本周涨超10%、4月涨22%，但油价将因需求前景不明朗而保持波动。</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>昨夜今晨 | 道指跌近千点，纳指狂泄逾4%，中概强势普涨</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\">\n昨夜今晨 | 道指跌近千点，纳指狂泄逾4%，中概强势普涨\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2022-04-30 08:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><b>行情表现</b></p><p>4月29日周五，在<a href=\"https://laohu8.com/S/AMZN\">亚马逊</a>财报不佳的拖累下，美股三大指数集体低开。开盘不久，道指一度转涨，纳指也尝试平盘但未果，三大指数随即下跌，并在开盘一小时跌幅迅速扩大至集体跌超1%。午盘开始，美股跌幅不断深化且均收于日低，结束了惨烈的4月交易。</p><p>道指收盘前几分钟跌1000点，收跌939.18点，跌幅2.77%，报32977.21点。标普500指数收跌155.57点，跌幅3.63%，报4131.93点。纳指收跌536.89点，跌幅4.17%，报12334.64点。亚马逊是成分股的纳指100跌超600点或跌4.5%。价值股居多的罗素2000小盘股转跌后收跌2.8%。</p><p>标普大盘目前跌至2021年5月19日以来最低，周五创2020年6月来最大单日跌幅，道指跌至今年3月14日来最低，纳指和罗素小盘股均创2020年12月以来的近一年半低位。</p><p><img src=\"https://static.tigerbbs.com/549905e98c7032b49930e1777704a877\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p>标普在4月累跌8.8%，创2020年3月欧美疫情爆发以来最差单月表现；纳（综）指和纳指100均累跌13.3%，齐创2008年10月金融危机以来最差单月表现；道指4月跌3.9%。</p><p><b>纳指深陷熊市，比52周新高回落近24%，与纳指100今日均创52周新低。</b></p><p><img src=\"https://static.tigerbbs.com/8f5375f182bb0eb20b8a6650c180057f\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p><b>宏观数据</b></p><p>经济数据面，美国3月PCE物价指数同比上涨6.6%，略低于预期值6.7%，前值为6.4%，续刷1982年以来的最高水平，为美联储2%目标的3倍多。而美联储决策者最关注的指标，剔除食品和能源价格的核心PCE物价指数同比上涨5.2%，预期值5.3%，前值5.4%，同样保持在近40年最高水平。</p><p>分析称，美联储最看重的通胀指标在3月份以强劲的速度上升，这可能巩固了美联储在5月份将利率提高0.5个百分点的意愿。但美国一季度GDP下滑1.4%，将使美联储的工作变得更加复杂。</p><p>周五公布的另一份经济数据显示，美国4月密歇根大学消费者信心指数为65.2点，低于市场预期65.7点。</p><p>美联储将在下周召开为期两天的货币政策会议。市场普遍预计此次会议将宣布加息50个基点。</p><p><b>个股表现</b></p><p>明星科技股齐跌。“元宇宙”Meta涨3.3%后转跌2.6%。<a href=\"https://laohu8.com/S/MSFT\">微软</a>跌超4%，从三周高位回落。奈飞转跌4.6%，接近2017年底来低位。<a href=\"https://laohu8.com/S/GOOG\">谷歌</a>母公司Alphabet跌3.7%，创11个月新低。</p><p><a href=\"https://laohu8.com/S/TSLA\">特斯拉</a>涨6.5%后转跌0.8%，刷新六周低位，CEO马斯克称不打算更多售股，本周套现85亿美元用于收购推特。特斯拉4月跌19%。</p><p><img src=\"https://static.tigerbbs.com/493a45148fe0e45425b41c89cdd137e4\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p>推特涨0.7%后转跌0.2%，但在收购消息推动下4月涨近27%。</p><p><a href=\"https://laohu8.com/S/AAPL\">苹果</a>跌3.7%，从一周高位回落，高管警告今年自然年二季度营收或因供应链问题最高损失80亿美元，分析称，苹果股价跌幅有限，是因为不少华尔街分析师主张趁低买入，而且一季报还算强劲。</p><p>电商巨头亚马逊大跌14.05%，创2006年7月以来最大跌幅，股价至2020年6月来最低。公司一季度意外亏损，为2015年以来首次，一季度收入增长为二十年最慢且二季度指引疲软。</p><p><img src=\"https://static.tigerbbs.com/eb75107d176074fe5c8ddfa8f7a92ee7\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p>芯片股普跌。费城半导体指数跌4.5%，再次失守3000点。<a href=\"https://laohu8.com/S/NVDA\">英伟达</a>跌6.2%，<a href=\"https://laohu8.com/S/AMD\">AMD</a>跌4.6%，均重新逼近9个月低位。昨日公布财报的<a href=\"https://laohu8.com/S/INTC\">英特尔</a>跌近7%至逾四年最低，二季度指引疲软并预计全球芯片短缺延长到2024年。<a href=\"https://laohu8.com/S/TXN\">德州仪器</a>和<a href=\"https://laohu8.com/S/MU\">美光科技</a>均跌约3%，<a href=\"https://laohu8.com/S/QCOM\">高通</a>跌约6%。</p><p>其他公布财报的个股中，“散户炒股神器”互联网券商Robinhood开盘跌近11%后一度转涨，收跌2.8%，离上市以来最低不远，一季度亏损超预期、收入萎缩和月活用户减少。美孚石油和<a href=\"https://laohu8.com/S/CVX\">雪佛龙</a>石油财报受益于一季度油气价格大涨，雪佛龙利润翻四倍，但至少跌超2%。数字媒体播放器制造商Roku财报利好，股价逆市涨超1%。</p><p>“木头姐”旗舰<a href=\"https://laohu8.com/S/PSFF\">Pacer Swan SOS Fund of Funds ETF|ETF</a> ARKK跌3.6%，4月累跌近29%创史上最大跌幅，从历史高点跌价七成，本周其重仓押注的多只热门科技股财报不佳。</p><p><b>热门中概股周五逆市强势走高</b></p><p>追随隔夜港股科技股盘中暴涨的走势。中概ETF KWEB涨7.4%，CQQQ涨6%，纳斯达克金龙中国指数（HXC）涨4.5%。纳斯达克 100四只成份股中，<a href=\"https://laohu8.com/S/JD\">京东</a>涨6.7%，<a href=\"https://laohu8.com/S/PDD\">拼多多</a>涨13.5%，<a href=\"https://laohu8.com/S/BIDU\">百度</a>涨3%，<a href=\"https://laohu8.com/S/NTES\">网易</a>涨4.4%。其他个股中，<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>涨6.8%，<a href=\"https://laohu8.com/S/00700\">腾讯</a>ADR涨8.8%，B站涨9.8%，<a href=\"https://laohu8.com/S/IQ\">爱奇艺</a>和<a href=\"https://laohu8.com/S/BEKE\">贝壳</a>涨超6.5%， “造车新势力”中仅<a href=\"https://laohu8.com/S/NIO\">蔚来</a>跌1.36%。</p><p><b>美油止步三日连涨，但与布油均连涨五个月逾四年最长</b></p><p>周五，国际油价尾盘转跌，止步三连涨。WTI 6月原油期货收跌0.67美元，跌幅0.63%，报104.69美元/桶，本周累涨2.6%，4月累涨6.3%。布伦特6月原油期货收涨1.75美元，涨幅1.62%，报109.34美元/桶，本周累涨约2.6%，4月累涨4.5%，7月期货追随美油转跌，失守107美元。</p><p>美油WTI日内最高涨2.61美元或涨2.5%，日高上逼108美元，收复4月19日以来大部分跌幅。今日到期的国际布伦特6月合约最高涨2.71美元或涨2.5%，日高上破110美元，更活跃的7月期货最高涨2.73美元或涨2.5%，同样上逼110美元关口，尾盘脱离一周高位。</p><p><img src=\"https://static.tigerbbs.com/96b39ce3c802fb907b35eb6c11522a4f\" tg-width=\"1391\" tg-height=\"871\" referrerpolicy=\"no-referrer\"/></p><p><b>4月两种油价均为为连续第五个月累涨，创2018年1月以来的最长月度连涨周期。</b>美油昨日还创一个月来最大现货溢价结构，表明供应紧张。</p><p>油价本周后期涨幅明显放大，与德国支持的欧盟对俄罗斯原油禁运“呼之欲出”有关，若欧洲突然要在国际市场上寻找大量油气替代供给，将继续推高价格。这一逻辑也令美国柴油期货跃升至1986年有数据以来最高，本周涨超10%、4月涨22%，但油价将因需求前景不明朗而保持波动。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b23574aac95526c9e5c62ebc8dd25130","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176395936","content_text":"行情表现4月29日周五，在亚马逊财报不佳的拖累下，美股三大指数集体低开。开盘不久，道指一度转涨，纳指也尝试平盘但未果，三大指数随即下跌，并在开盘一小时跌幅迅速扩大至集体跌超1%。午盘开始，美股跌幅不断深化且均收于日低，结束了惨烈的4月交易。道指收盘前几分钟跌1000点，收跌939.18点，跌幅2.77%，报32977.21点。标普500指数收跌155.57点，跌幅3.63%，报4131.93点。纳指收跌536.89点，跌幅4.17%，报12334.64点。亚马逊是成分股的纳指100跌超600点或跌4.5%。价值股居多的罗素2000小盘股转跌后收跌2.8%。标普大盘目前跌至2021年5月19日以来最低，周五创2020年6月来最大单日跌幅，道指跌至今年3月14日来最低，纳指和罗素小盘股均创2020年12月以来的近一年半低位。标普在4月累跌8.8%，创2020年3月欧美疫情爆发以来最差单月表现；纳（综）指和纳指100均累跌13.3%，齐创2008年10月金融危机以来最差单月表现；道指4月跌3.9%。纳指深陷熊市，比52周新高回落近24%，与纳指100今日均创52周新低。宏观数据经济数据面，美国3月PCE物价指数同比上涨6.6%，略低于预期值6.7%，前值为6.4%，续刷1982年以来的最高水平，为美联储2%目标的3倍多。而美联储决策者最关注的指标，剔除食品和能源价格的核心PCE物价指数同比上涨5.2%，预期值5.3%，前值5.4%，同样保持在近40年最高水平。分析称，美联储最看重的通胀指标在3月份以强劲的速度上升，这可能巩固了美联储在5月份将利率提高0.5个百分点的意愿。但美国一季度GDP下滑1.4%，将使美联储的工作变得更加复杂。周五公布的另一份经济数据显示，美国4月密歇根大学消费者信心指数为65.2点，低于市场预期65.7点。美联储将在下周召开为期两天的货币政策会议。市场普遍预计此次会议将宣布加息50个基点。个股表现明星科技股齐跌。“元宇宙”Meta涨3.3%后转跌2.6%。微软跌超4%，从三周高位回落。奈飞转跌4.6%，接近2017年底来低位。谷歌母公司Alphabet跌3.7%，创11个月新低。特斯拉涨6.5%后转跌0.8%，刷新六周低位，CEO马斯克称不打算更多售股，本周套现85亿美元用于收购推特。特斯拉4月跌19%。推特涨0.7%后转跌0.2%，但在收购消息推动下4月涨近27%。苹果跌3.7%，从一周高位回落，高管警告今年自然年二季度营收或因供应链问题最高损失80亿美元，分析称，苹果股价跌幅有限，是因为不少华尔街分析师主张趁低买入，而且一季报还算强劲。电商巨头亚马逊大跌14.05%，创2006年7月以来最大跌幅，股价至2020年6月来最低。公司一季度意外亏损，为2015年以来首次，一季度收入增长为二十年最慢且二季度指引疲软。芯片股普跌。费城半导体指数跌4.5%，再次失守3000点。英伟达跌6.2%，AMD跌4.6%，均重新逼近9个月低位。昨日公布财报的英特尔跌近7%至逾四年最低，二季度指引疲软并预计全球芯片短缺延长到2024年。德州仪器和美光科技均跌约3%，高通跌约6%。其他公布财报的个股中，“散户炒股神器”互联网券商Robinhood开盘跌近11%后一度转涨，收跌2.8%，离上市以来最低不远，一季度亏损超预期、收入萎缩和月活用户减少。美孚石油和雪佛龙石油财报受益于一季度油气价格大涨，雪佛龙利润翻四倍，但至少跌超2%。数字媒体播放器制造商Roku财报利好，股价逆市涨超1%。“木头姐”旗舰Pacer Swan SOS Fund of Funds ETF|ETF ARKK跌3.6%，4月累跌近29%创史上最大跌幅，从历史高点跌价七成，本周其重仓押注的多只热门科技股财报不佳。热门中概股周五逆市强势走高追随隔夜港股科技股盘中暴涨的走势。中概ETF KWEB涨7.4%，CQQQ涨6%，纳斯达克金龙中国指数（HXC）涨4.5%。纳斯达克 100四只成份股中，京东涨6.7%，拼多多涨13.5%，百度涨3%，网易涨4.4%。其他个股中，阿里巴巴涨6.8%，腾讯ADR涨8.8%，B站涨9.8%，爱奇艺和贝壳涨超6.5%， “造车新势力”中仅蔚来跌1.36%。美油止步三日连涨，但与布油均连涨五个月逾四年最长周五，国际油价尾盘转跌，止步三连涨。WTI 6月原油期货收跌0.67美元，跌幅0.63%，报104.69美元/桶，本周累涨2.6%，4月累涨6.3%。布伦特6月原油期货收涨1.75美元，涨幅1.62%，报109.34美元/桶，本周累涨约2.6%，4月累涨4.5%，7月期货追随美油转跌，失守107美元。美油WTI日内最高涨2.61美元或涨2.5%，日高上逼108美元，收复4月19日以来大部分跌幅。今日到期的国际布伦特6月合约最高涨2.71美元或涨2.5%，日高上破110美元，更活跃的7月期货最高涨2.73美元或涨2.5%，同样上逼110美元关口，尾盘脱离一周高位。4月两种油价均为为连续第五个月累涨，创2018年1月以来的最长月度连涨周期。美油昨日还创一个月来最大现货溢价结构，表明供应紧张。油价本周后期涨幅明显放大，与德国支持的欧盟对俄罗斯原油禁运“呼之欲出”有关，若欧洲突然要在国际市场上寻找大量油气替代供给，将继续推高价格。这一逻辑也令美国柴油期货跃升至1986年有数据以来最高，本周涨超10%、4月涨22%，但油价将因需求前景不明朗而保持波动。","news_type":1},"isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9084953176,"gmtCreate":1650799213712,"gmtModify":1676534794910,"author":{"id":"4091677022334480","authorId":"4091677022334480","name":"Kevin28","avatar":"https://static.tigerbbs.com/e4e7eb9de10e32de7cfdfaf1c541886d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9084953176","repostId":"2229416577","repostType":4,"repost":{"id":"2229416577","pubTimestamp":1650684004,"share":"https://www.laohu8.com/m/news/2229416577?lang=&edition=full","pubTime":"2022-04-23 11:20","market":"us","language":"en","title":"Alibaba Vs. Amazon Stock: Back To Fundamentals","url":"https://stock-news.laohu8.com/highlight/detail?id=2229416577","media":"seekingalpha","summary":"SummaryThe stock market is notorious for completely ignoring business fundamentals at its extremes: ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>The stock market is notorious for completely ignoring business fundamentals at its extremes: Either extreme greed or extreme fear.</li><li>A comparison between Alibaba and Amazon serves as an illustrating example of both of these extremes.</li><li>Alibaba now is completely dominated by fear, and its superior fundamentals are completely ignored by the market.</li><li>Amazon, on the other hand, despite its inferior profitability and mounting cash flow issues, trades at a considerable premium, not only relative to Alibaba but also to the overall market.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f8b5ac1c4e34f0e556f966ee340d8118\" tg-width=\"750\" tg-height=\"500\" referrerpolicy=\"no-referrer\"/><span>alexsl/iStock Unreleased via Getty Images</span></p><p><b>Thesis</b></p><p>The stock market is notorious for completely ignoring business fundamentals at both the greed and feel extreme, as illustrated by the current conditions of Alibaba (NYSE:BABA) and Amazon (NASDAQ:AMZN). The contrast between these two stocks is so stark that it not only serves to show a specific investment opportunity but also serves as a general example of market psychology. Admittedly, these two stocks are not entirely comparable and there are certainly differences. Some of the uncertainties and risks faced by BABA are not shared by AMZN.</p><p>And my thesis here is that the current market valuation has already priced in all the risks surrounding BABA. More specifically,</p><ul><li>BABA&#39;s stock price has recently become dominated by market sentiment and disconnected from fundamentals. Its stock prices easily fluctuated 10%-plus in a few days or even a single day recently in response to news and sentiments that may or may not have direct relevance to its business fundamentals. On the other hand, AMZN&#39;s stock price seemed to be immune from news and fundamentals. It has been trading sideways in a narrow range (and at an elevated valuation) despite its mounting cash flow issues and all the geopolitical and macroeconomic risks.</li><li>As shown in the next chart, both BABA and AMZN are valued at about 1.8x and 3.2x price to sales ratio, respectively, a discount by almost a factor of 2x (1.8x to be exact). As we look deeper next, the discount becomes even larger than on the surface. The second chart compares the profit margin between BABA and Amazon. BABA&#39;s EBIT profit margin is almost twice that of Amazon - not only shows BABA&#39;s superior profitability (and AMZN&#39;s concerning and deteriorating profitability) but also further highlights the valuation gap. The sales of BABA should be worth about 2x as valuable as that of AMZN because of the higher margin, but the current valuation is the opposite. And as you were seeing the remainder of this article, BABA also enjoys superior fundamentals in other keys aspects, such as R&amp;D output, return on capital employed, and growth potential.</li><li>Finally, aside from their drastically different valuations, there are many comparable aspects between these two e-commerce giants. And a comparison between them could also provide insights into the evolving e-commerce landscape. Comparing what they are researching and developing gives us a peek at the future investment direction in this space.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/edc32a62854da273e12174d4c8743211\" tg-width=\"640\" tg-height=\"229\" referrerpolicy=\"no-referrer\"/><span>Seeking Alpha</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9307ef042b92a9964176e9d55e850efc\" tg-width=\"640\" tg-height=\"228\" referrerpolicy=\"no-referrer\"/><span>Seeking Alpha</span></p><p><b>Both R&amp;D aggressively but BABA enjoys way better yield</b></p><p>As mentioned in our earlier writings, we do not invest in a given tech stock because we have high confidence in a certain product that they are developing in the pipeline. Instead, we are more focused on A) the recurring resources available to fund new R&amp;D efforts sustainably, and B) the overall efficiency of the R&amp;D <i>process</i>.</p><p>So let&#39;s first see how well and sustainably BABA and AMZN can fund their new R&amp;D efforts. The short answer is: Extremely well. The next chart shows the R&amp;D expenses of BABA and AMZN over the past decade. As seen, both have been consistently investing heavily in R&amp;D in recent years. AMZN didn&#39;t spend meaningfully on R&amp;D before 2016. But since 2016, AMZN on average has been spending about 12% of its total revenue on R&amp;D efforts. And BABA spends a bit less, on average 10%. Both levels are consistent with the average of other overachievers in the tech space, such as the FAAMG group.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0b7e323032c8f5c21cefbaad05f431d0\" tg-width=\"640\" tg-height=\"363\" referrerpolicy=\"no-referrer\"/><span>Author based on Seeking Alpha data</span></p><p>Then the next question is, how effective is their R&amp;D process? This is where the contrast kicks in as shown in the next chart. The chart shows a variation of Buffett&#39;s $1 test on R&amp;D expenses. Advised by Buffett, we do not only listen to CEOs&#39; pitches on their brilliant new ideas that will shake the earth (again). We also examine the financials to see if their words are corroborated by the numbers. And in BABA and AMZN&#39;s cases, their numbers are shown here. The analysis method is detailed in our earlier writings and in summary:</p><blockquote><ul><li><i>The purpose of any corporate R&amp;D is obviously to generate profit. Therefore, this analysis quantifies the yield by taking the ratio between profit and R&amp;D expenditures. We used the operating cash flow as the measure for profit.</i></li><li><i>Also, most R&amp;D investments do not produce any result in the same year. They typically have a lifetime of a few years. Therefore, this analysis assumes a three-year average investment cycle for R&amp;D. And as a result, we used the three-year moving average of operating cash flow to represent this three-year cycle.</i></li></ul></blockquote><p>As you can see, the R&amp;D yield for both has been remarkably consistent although at different levels. In BABA&#39;s case, its R&amp;D yield has been steady around an average of $3.3 in recent years. This level of R&amp;D yield is very competitive even among the overachieving FAAMG group. The FAAMG group boasts an average R&amp;D yield of around $2 to $2.5 in recent years. And the only one that generates a significantly high R&amp;D yield in this group is Apple (AAPL), which generates an R&amp;D yield of $4.7 of profit output from every $1 of R&amp;D expenses.</p><p>AMZN&#39;s R&amp;D yield of $0.9, on the other hand, is substantially lower than BABA&#39;s and is also the lowest among the FAAMG group. And note that since AMZN didn&#39;t spend meaningfully on R&amp;D before 2016, we only started reporting its R&amp;D yield starting in 2016.</p><p>Next, we will examine their profitability to fuel their R&amp;D efforts sustainably and also dive into some of the specific R&amp;D efforts they are undertaking.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/900e44a75dee8b7ca4ba98a4fd84fe9f\" tg-width=\"640\" tg-height=\"347\" referrerpolicy=\"no-referrer\"/><span>Author</span></p><p><b>BABA enjoys far superior profitability</b></p><p>As explained in our earlier writings, to us, the most important profitability measure is ROCE (return on capital employed) because:</p><blockquote><i>ROCE considers the return of capital ACTUALLY employed and therefore provides insight into how much additional capital a business needs to invest in order to earn a given extra amount of income - a key to estimating the long-term growth rate. Because when we think as long-term business owners, the growth rate is &#34;simply&#34; the product of ROCE and reinvestment rate, i.e.,</i></blockquote><blockquote><i>Long-Term Growth Rate = ROCE * Reinvestment Rate</i></blockquote><p>The ROCE of both stocks has been detailed in our earlier articles and I will just directly quote the results below. In this analysis, I consider the following items capital actually employed A) Working capital (including payables, receivables, inventory), B) Gross Property, Plant, and Equipment, and C) Research and development expenses are also capitalized. As you can see, BABA was able to maintain a remarkably high ROCE over the past decade. It has been astronomical in the early part of the decade exceeding 150%. It has declined due to all the drama in recent years that you are familiar with (China&#39;s tightened regulations, high tax rates, slow-down of the overall economic growth in China, et al). But still, its ROCE is on average about 95% in recent years.</p><p>AMZN&#39;s ROCE has shown a similar pattern. It too has enjoyed a much higher ROCE in the early part of the decade. And it too has witnessed a steady decline over the years. In recent years, its ROCE has been relatively low, with an average of around 29%. A ROCE of 29% is still a healthy level (my estimate of the ROCE for the overall economy is about 20%). However, it&#39;s not comparable to BABA or other overachievers in the FAANG pack.</p><p>Next, we will examine their key segments and initiatives to form a projection of their future profitability and growth drivers.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8056d3adecb25ebef04479bb04307ec3\" tg-width=\"640\" tg-height=\"364\" referrerpolicy=\"no-referrer\"/><span>Author</span></p><p><b>Growth prospects and final verdict</b></p><p>Looking forward, I see both as well poised to benefit from the secular trend of e-commerce penetration. When we are so used to the American way of online shopping, it&#39;s easy to form the impression that e-commerce has already saturated. The reality is that the global e-commerce penetration is still ONLY at about 20% currently. Meaning 80% of the commerce is still currently conducted offline. In terms of absolute volume, as you can see from the following chart, global retail e-commerce sales have reached $4.2 trillion in 2020. And it&#39;s projected to almost double by 2026, reaching $7.4 trillion of revenues in the retail e-commerce business. The e-commerce movement is just getting started and the bulk of the growth opportunity is yet to come. And leaders like BABA and AMZN are both best poised to capitalize on this secular trend.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6158c888029f44a73ed791c390065540\" tg-width=\"640\" tg-height=\"328\" referrerpolicy=\"no-referrer\"/><span>OBERLO data</span></p><p>I also see both enjoy tremendous growth opportunities in other areas besides e-commerce. Both are leaders in the cloud computing space, especially in their own geographical areas. This segment has tremendous growth potential as the world shifts to the pure &#34;pay per use&#34; model, and the growth is just starting as start-ups, enterprises, government agencies, and academic institutions shift their computing needs to this new model. In BABA&#39;s case, its cloud computing, international avenues, and domestic platform expansion are all enjoying momentum. These segments all show promise for profitability and growth in the near future to maintain their high R&amp;D yield and high ROCE. Similarly, AMZN&#39;s AWS unit is expected to grow significantly in the near future to help lift the bottom line. It has recently announced offerings such as Cloud WAN, a managed wide area network, and Amplify Studio, a new visual development environment. Moreover, AMZN&#39;s also announced the planned $8.45 billion purchase of MGM Movie Studios, and I&#39;m optimistic about the synergies with its streaming businesses.</p><p>Also, I do see some asymmetric growth opportunities for BABA. As aforementioned, both stocks are best poised to capitalize on the world&#39;s unstoppable shift toward e-commerce. However, the remaining shift will be unevenly distributed and the Asian-Pacific region will be the center of the momentum. As shown in the chart above, world retail e-commerce sales are expected to exceed $7.3 trillion by 2025. The twist is that the Asian-Pacific region will be where most of the growth will be. By 2023, the Western continents will contribute 16% of the total B2B e-commerce volume, while the remaining 84% would come from the non-Western world. And BABA is best poised to benefit with its scale and reach, government support, and cultural and geographic proximity.</p><p>Finally, the following table summarizes all the key metrics discussed above. As mentioned early on, my thesis is that the risks surrounding BABA have been fully priced in already. Even if we put aside the issue of valuations and risks, there are many comparable aspects between these two e-commerce giants (probably more than their differences). Comparing and contrasting their R&amp;D efforts, profitability, and future growth areas not only elucidate their own investment prospects but also provide insight into other e-commerce investment opportunities.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/609b820dedf6ed23d5ddfd1ed92b9515\" tg-width=\"640\" tg-height=\"272\" referrerpolicy=\"no-referrer\"/><span>Author</span></p><p><b>Risks</b></p><p>I do not think there is a need to repeat BABA&#39;s risks anymore. Other SA authors have provided excellent coverage already. And we ourselves have also assessed these risks based on a Kelly analysis.</p><p>For AMZN, a key issue I recommend investors to keep a close on in the upcoming earnings release is the leasing accounting. We have cautioned readers before the 2021 Q4 earnings release about the role of its lease accounting and the possibility of its free cash flow (&#34;FCF&#34;) deterioration after being adjusted for leasing accounting. And as you can see from the following chart, unfortunately, its FCF has indeed suffered a dramatic deterioration to a negative $20B in 2021 Q4. In the incoming 2022 Q1 release, this is a key item that I would be watching.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/963ea4489df1ce587e26c13d870e7326\" tg-width=\"640\" tg-height=\"487\" referrerpolicy=\"no-referrer\"/><span>AMZN 2021 Q4 earnings release</span></p><p><b>Summary and final thoughts</b></p><p>The stock market is notorious for completely ignoring business fundamentals both at the greed extreme and at the fear extreme. The stark contrast between BABA and AMZN serves as a general example of such market psychology so investors could identify mispricing opportunities.</p><p>The thesis is that BABA is now in the extreme fear end of the spectrum and its stock price has recently become disconnected from fundamentals. In particular,</p><ul><li>The current market valuation has already priced in all the risks surrounding BABA. BABA&#39;s price to sales ratio is discounted by almost half relative to AMZN despite its higher margin and profitability.</li><li>Both stocks pursue new opportunities aggressively with 10% to 12% of their total sales spent on R&amp;D efforts, but BABA enjoys a far better yield.</li><li>I also see both well poised to benefit from the secular trend of global e-commerce penetration and also from the opportunities in other areas such as cloud computing. However, I do see some asymmetries here. For example, the remaining e-commerce shift will be unevenly distributed and the Asian-Pacific region will be the center of the momentum, where BABA is better positioned to benefit from its government support and cultural/geographic proximity.</li></ul></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Vs. Amazon Stock: Back To Fundamentals</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\">\nAlibaba Vs. Amazon Stock: Back To Fundamentals\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-23 11:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4502993-alibaba-vs-amazon-back-to-fundamentals><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe stock market is notorious for completely ignoring business fundamentals at its extremes: Either extreme greed or extreme fear.A comparison between Alibaba and Amazon serves as an ...</p>\n\n<a href=\"https://seekingalpha.com/article/4502993-alibaba-vs-amazon-back-to-fundamentals\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4502993-alibaba-vs-amazon-back-to-fundamentals","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2229416577","content_text":"SummaryThe stock market is notorious for completely ignoring business fundamentals at its extremes: Either extreme greed or extreme fear.A comparison between Alibaba and Amazon serves as an illustrating example of both of these extremes.Alibaba now is completely dominated by fear, and its superior fundamentals are completely ignored by the market.Amazon, on the other hand, despite its inferior profitability and mounting cash flow issues, trades at a considerable premium, not only relative to Alibaba but also to the overall market.alexsl/iStock Unreleased via Getty ImagesThesisThe stock market is notorious for completely ignoring business fundamentals at both the greed and feel extreme, as illustrated by the current conditions of Alibaba (NYSE:BABA) and Amazon (NASDAQ:AMZN). The contrast between these two stocks is so stark that it not only serves to show a specific investment opportunity but also serves as a general example of market psychology. Admittedly, these two stocks are not entirely comparable and there are certainly differences. Some of the uncertainties and risks faced by BABA are not shared by AMZN.And my thesis here is that the current market valuation has already priced in all the risks surrounding BABA. More specifically,BABA's stock price has recently become dominated by market sentiment and disconnected from fundamentals. Its stock prices easily fluctuated 10%-plus in a few days or even a single day recently in response to news and sentiments that may or may not have direct relevance to its business fundamentals. On the other hand, AMZN's stock price seemed to be immune from news and fundamentals. It has been trading sideways in a narrow range (and at an elevated valuation) despite its mounting cash flow issues and all the geopolitical and macroeconomic risks.As shown in the next chart, both BABA and AMZN are valued at about 1.8x and 3.2x price to sales ratio, respectively, a discount by almost a factor of 2x (1.8x to be exact). As we look deeper next, the discount becomes even larger than on the surface. The second chart compares the profit margin between BABA and Amazon. BABA's EBIT profit margin is almost twice that of Amazon - not only shows BABA's superior profitability (and AMZN's concerning and deteriorating profitability) but also further highlights the valuation gap. The sales of BABA should be worth about 2x as valuable as that of AMZN because of the higher margin, but the current valuation is the opposite. And as you were seeing the remainder of this article, BABA also enjoys superior fundamentals in other keys aspects, such as R&D output, return on capital employed, and growth potential.Finally, aside from their drastically different valuations, there are many comparable aspects between these two e-commerce giants. And a comparison between them could also provide insights into the evolving e-commerce landscape. Comparing what they are researching and developing gives us a peek at the future investment direction in this space.Seeking AlphaSeeking AlphaBoth R&D aggressively but BABA enjoys way better yieldAs mentioned in our earlier writings, we do not invest in a given tech stock because we have high confidence in a certain product that they are developing in the pipeline. Instead, we are more focused on A) the recurring resources available to fund new R&D efforts sustainably, and B) the overall efficiency of the R&D process.So let's first see how well and sustainably BABA and AMZN can fund their new R&D efforts. The short answer is: Extremely well. The next chart shows the R&D expenses of BABA and AMZN over the past decade. As seen, both have been consistently investing heavily in R&D in recent years. AMZN didn't spend meaningfully on R&D before 2016. But since 2016, AMZN on average has been spending about 12% of its total revenue on R&D efforts. And BABA spends a bit less, on average 10%. Both levels are consistent with the average of other overachievers in the tech space, such as the FAAMG group.Author based on Seeking Alpha dataThen the next question is, how effective is their R&D process? This is where the contrast kicks in as shown in the next chart. The chart shows a variation of Buffett's $1 test on R&D expenses. Advised by Buffett, we do not only listen to CEOs' pitches on their brilliant new ideas that will shake the earth (again). We also examine the financials to see if their words are corroborated by the numbers. And in BABA and AMZN's cases, their numbers are shown here. The analysis method is detailed in our earlier writings and in summary:The purpose of any corporate R&D is obviously to generate profit. Therefore, this analysis quantifies the yield by taking the ratio between profit and R&D expenditures. We used the operating cash flow as the measure for profit.Also, most R&D investments do not produce any result in the same year. They typically have a lifetime of a few years. Therefore, this analysis assumes a three-year average investment cycle for R&D. And as a result, we used the three-year moving average of operating cash flow to represent this three-year cycle.As you can see, the R&D yield for both has been remarkably consistent although at different levels. In BABA's case, its R&D yield has been steady around an average of $3.3 in recent years. This level of R&D yield is very competitive even among the overachieving FAAMG group. The FAAMG group boasts an average R&D yield of around $2 to $2.5 in recent years. And the only one that generates a significantly high R&D yield in this group is Apple (AAPL), which generates an R&D yield of $4.7 of profit output from every $1 of R&D expenses.AMZN's R&D yield of $0.9, on the other hand, is substantially lower than BABA's and is also the lowest among the FAAMG group. And note that since AMZN didn't spend meaningfully on R&D before 2016, we only started reporting its R&D yield starting in 2016.Next, we will examine their profitability to fuel their R&D efforts sustainably and also dive into some of the specific R&D efforts they are undertaking.AuthorBABA enjoys far superior profitabilityAs explained in our earlier writings, to us, the most important profitability measure is ROCE (return on capital employed) because:ROCE considers the return of capital ACTUALLY employed and therefore provides insight into how much additional capital a business needs to invest in order to earn a given extra amount of income - a key to estimating the long-term growth rate. Because when we think as long-term business owners, the growth rate is \"simply\" the product of ROCE and reinvestment rate, i.e.,Long-Term Growth Rate = ROCE * Reinvestment RateThe ROCE of both stocks has been detailed in our earlier articles and I will just directly quote the results below. In this analysis, I consider the following items capital actually employed A) Working capital (including payables, receivables, inventory), B) Gross Property, Plant, and Equipment, and C) Research and development expenses are also capitalized. As you can see, BABA was able to maintain a remarkably high ROCE over the past decade. It has been astronomical in the early part of the decade exceeding 150%. It has declined due to all the drama in recent years that you are familiar with (China's tightened regulations, high tax rates, slow-down of the overall economic growth in China, et al). But still, its ROCE is on average about 95% in recent years.AMZN's ROCE has shown a similar pattern. It too has enjoyed a much higher ROCE in the early part of the decade. And it too has witnessed a steady decline over the years. In recent years, its ROCE has been relatively low, with an average of around 29%. A ROCE of 29% is still a healthy level (my estimate of the ROCE for the overall economy is about 20%). However, it's not comparable to BABA or other overachievers in the FAANG pack.Next, we will examine their key segments and initiatives to form a projection of their future profitability and growth drivers.AuthorGrowth prospects and final verdictLooking forward, I see both as well poised to benefit from the secular trend of e-commerce penetration. When we are so used to the American way of online shopping, it's easy to form the impression that e-commerce has already saturated. The reality is that the global e-commerce penetration is still ONLY at about 20% currently. Meaning 80% of the commerce is still currently conducted offline. In terms of absolute volume, as you can see from the following chart, global retail e-commerce sales have reached $4.2 trillion in 2020. And it's projected to almost double by 2026, reaching $7.4 trillion of revenues in the retail e-commerce business. The e-commerce movement is just getting started and the bulk of the growth opportunity is yet to come. And leaders like BABA and AMZN are both best poised to capitalize on this secular trend.OBERLO dataI also see both enjoy tremendous growth opportunities in other areas besides e-commerce. Both are leaders in the cloud computing space, especially in their own geographical areas. This segment has tremendous growth potential as the world shifts to the pure \"pay per use\" model, and the growth is just starting as start-ups, enterprises, government agencies, and academic institutions shift their computing needs to this new model. In BABA's case, its cloud computing, international avenues, and domestic platform expansion are all enjoying momentum. These segments all show promise for profitability and growth in the near future to maintain their high R&D yield and high ROCE. Similarly, AMZN's AWS unit is expected to grow significantly in the near future to help lift the bottom line. It has recently announced offerings such as Cloud WAN, a managed wide area network, and Amplify Studio, a new visual development environment. Moreover, AMZN's also announced the planned $8.45 billion purchase of MGM Movie Studios, and I'm optimistic about the synergies with its streaming businesses.Also, I do see some asymmetric growth opportunities for BABA. As aforementioned, both stocks are best poised to capitalize on the world's unstoppable shift toward e-commerce. However, the remaining shift will be unevenly distributed and the Asian-Pacific region will be the center of the momentum. As shown in the chart above, world retail e-commerce sales are expected to exceed $7.3 trillion by 2025. The twist is that the Asian-Pacific region will be where most of the growth will be. By 2023, the Western continents will contribute 16% of the total B2B e-commerce volume, while the remaining 84% would come from the non-Western world. And BABA is best poised to benefit with its scale and reach, government support, and cultural and geographic proximity.Finally, the following table summarizes all the key metrics discussed above. As mentioned early on, my thesis is that the risks surrounding BABA have been fully priced in already. Even if we put aside the issue of valuations and risks, there are many comparable aspects between these two e-commerce giants (probably more than their differences). Comparing and contrasting their R&D efforts, profitability, and future growth areas not only elucidate their own investment prospects but also provide insight into other e-commerce investment opportunities.AuthorRisksI do not think there is a need to repeat BABA's risks anymore. Other SA authors have provided excellent coverage already. And we ourselves have also assessed these risks based on a Kelly analysis.For AMZN, a key issue I recommend investors to keep a close on in the upcoming earnings release is the leasing accounting. We have cautioned readers before the 2021 Q4 earnings release about the role of its lease accounting and the possibility of its free cash flow (\"FCF\") deterioration after being adjusted for leasing accounting. And as you can see from the following chart, unfortunately, its FCF has indeed suffered a dramatic deterioration to a negative $20B in 2021 Q4. In the incoming 2022 Q1 release, this is a key item that I would be watching.AMZN 2021 Q4 earnings releaseSummary and final thoughtsThe stock market is notorious for completely ignoring business fundamentals both at the greed extreme and at the fear extreme. The stark contrast between BABA and AMZN serves as a general example of such market psychology so investors could identify mispricing opportunities.The thesis is that BABA is now in the extreme fear end of the spectrum and its stock price has recently become disconnected from fundamentals. In particular,The current market valuation has already priced in all the risks surrounding BABA. BABA's price to sales ratio is discounted by almost half relative to AMZN despite its higher margin and profitability.Both stocks pursue new opportunities aggressively with 10% to 12% of their total sales spent on R&D efforts, but BABA enjoys a far better yield.I also see both well poised to benefit from the secular trend of global e-commerce penetration and also from the opportunities in other areas such as cloud computing. However, I do see some asymmetries here. For example, the remaining e-commerce shift will be unevenly distributed and the Asian-Pacific region will be the center of the momentum, where BABA is better positioned to benefit from its government support and cultural/geographic proximity.","news_type":1},"isVote":1,"tweetType":1,"viewCount":87,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9081325453,"gmtCreate":1650201841089,"gmtModify":1676534667742,"author":{"id":"4091677022334480","authorId":"4091677022334480","name":"Kevin28","avatar":"https://static.tigerbbs.com/e4e7eb9de10e32de7cfdfaf1c541886d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/03067\">$ISHARESHSTECH(03067)$</a>[Facepalm]&nbsp;","listText":"<a href=\"https://ttm.financial/S/03067\">$ISHARESHSTECH(03067)$</a>[Facepalm]&nbsp;","text":"$ISHARESHSTECH(03067)$[Facepalm]","images":[{"img":"https://community-static.tradeup.com/news/8c5a1c4101881073395deefc646ca50a","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9081325453","isVote":1,"tweetType":1,"viewCount":45,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}