carlee personal page - To The Moon

carlee

carlee

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2022-09-20

$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$ .

2022-10-16

..

@carlee:$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$ .

2022-09-16

$KEPPEL DC REIT(AJBU.SI)$..

2022-09-29

$VANGUARD S&P 500 UCITS ETF(VUSD.UK)$ .

2022-09-22

..

@carlee:$KEPPEL DC REIT(AJBU.SI)$..

2022-09-23

Ic

The Case For The S&P 500 Dropping To 2,200

2022-07-20

$Roundhill Ball Metaverse ETF(METV)$[Spurting]

2022-09-16

$SEMBCORP INDUSTRIES LTD(U96.SI)$..

2022-07-12

$Roundhill Ball Metaverse ETF(METV)$ ...

2022-09-10

$Roundhill Ball Metaverse ETF(METV)$ ..

2022-09-06

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

2022-11-01

.//@carlee: ..

@carlee:$KEPPEL DC REIT(AJBU.SI)$..

2022-07-11

$ISHRS CORE S&P 500 UCITS ETF USD (ACC)(CSPX.UK)$ .

2022-07-31

$KEPPEL DC REIT(AJBU.SI)$ .

2022-11-18

..

@TigerEvents:[Thanksgiving] Say thank you to your friends

2022-11-11

$VANGUARD S&P 500 UCITS ETF(VUSA.UK)$ ..

2022-09-13

$Meta Platforms, Inc.(META)$ .

2022-08-28

$Stockland Corp(SGP.AU)$ .

2022-08-28

Ic

Nvidia: Guidance Is A Game-Changer

2022-08-03

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

Go to Tiger App to see more news

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Tr(N2IU.SI)$&nbsp;</a><v-v data-views=\"0\"></v-v>","text":"$Mapletree PanAsia Com Tr(N2IU.SI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/205337776533712","isVote":1,"tweetType":1,"viewCount":534,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941443844,"gmtCreate":1680571458288,"gmtModify":1680571461918,"author":{"id":"4098777036578080","authorId":"4098777036578080","name":"carlee","avatar":"https://static.tigerbbs.com/06afc91e99eec980d6cf7abd1a1067dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098777036578080","idStr":"4098777036578080"},"themes":[],"htmlText":"Ic","listText":"Ic","text":"Ic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941443844","repostId":"9941427930","repostType":1,"repost":{"id":9941427930,"gmtCreate":1680560778321,"gmtModify":1680570863299,"author":{"id":"4102123614530830","authorId":"4102123614530830","name":"nerdbull1669","avatar":"https://community-static.tradeup.com/news/8ac2db9ff7976dac4aa567ce14027bd6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4102123614530830","idStr":"4102123614530830"},"themes":[],"title":"Bond ETF -> Low Expense Ratio + Good Dividend Yield","htmlText":"Please find and follow my YT channel (nerdbull1669) for Daily SG and US Stock Watchlist. Do follow me as I share quality stock pick for Daily Watchlist. I do understand from some of my friends who are concerned about fees and also if the ETF fund they are investing have some form of guarantee. I managed to scan this Bond ETF which look to fit some of my friend criteria of type of ETF they are looking to invest. Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) The <a href=\"https://ttm.financial/S/VTIP\">$Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares(VTIP)$</a> follows the Bloomberg U. S. Treasury TIPS 0-5 year index. Bloomberg U. S. Treasury TIPS 0-5 year index tracks Treasury Inflation Protected Securities (TIPS) with less than five years to maturity","listText":"Please find and follow my YT channel (nerdbull1669) for Daily SG and US Stock Watchlist. Do follow me as I share quality stock pick for Daily Watchlist. I do understand from some of my friends who are concerned about fees and also if the ETF fund they are investing have some form of guarantee. I managed to scan this Bond ETF which look to fit some of my friend criteria of type of ETF they are looking to invest. Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) The <a href=\"https://ttm.financial/S/VTIP\">$Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares(VTIP)$</a> follows the Bloomberg U. S. Treasury TIPS 0-5 year index. Bloomberg U. S. Treasury TIPS 0-5 year index tracks Treasury Inflation Protected Securities (TIPS) with less than five years to maturity","text":"Please find and follow my YT channel (nerdbull1669) for Daily SG and US Stock Watchlist. Do follow me as I share quality stock pick for Daily Watchlist. I do understand from some of my friends who are concerned about fees and also if the ETF fund they are investing have some form of guarantee. I managed to scan this Bond ETF which look to fit some of my friend criteria of type of ETF they are looking to invest. Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) The $Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares(VTIP)$ follows the Bloomberg U. S. Treasury TIPS 0-5 year index. Bloomberg U. S. Treasury TIPS 0-5 year index tracks Treasury Inflation Protected Securities (TIPS) with less than five years to maturity","images":[{"img":"https://community-static.tradeup.com/news/4918ec0c52523bf10241b43ea6c4106a","width":"1607","height":"648"},{"img":"https://community-static.tradeup.com/news/017b06add2cd2a1f17600a031b072ef9","width":"1240","height":"680"},{"img":"https://community-static.tradeup.com/news/c384a839fc5f3ac1e6c21ddce89cb537","width":"1796","height":"440"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941427930","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":4,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":593,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943372905,"gmtCreate":1679208612007,"gmtModify":1679208616392,"author":{"id":"4098777036578080","authorId":"4098777036578080","name":"carlee","avatar":"https://static.tigerbbs.com/06afc91e99eec980d6cf7abd1a1067dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098777036578080","idStr":"4098777036578080"},"themes":[],"htmlText":"Hm/mmmmmmmmmmmmmmmmmm","listText":"Hm/mmmmmmmmmmmmmmmmmm","text":"Hm/mmmmmmmmmmmmmmmmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943372905","isVote":1,"tweetType":1,"viewCount":674,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943372014,"gmtCreate":1679208546938,"gmtModify":1679208550671,"author":{"id":"4098777036578080","authorId":"4098777036578080","name":"carlee","avatar":"https://static.tigerbbs.com/06afc91e99eec980d6cf7abd1a1067dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098777036578080","idStr":"4098777036578080"},"themes":[],"htmlText":"Ic","listText":"Ic","text":"Ic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943372014","repostId":"9943373266","repostType":1,"repost":{"id":9943373266,"gmtCreate":1679203375156,"gmtModify":1679206192270,"author":{"id":"9000000000000610","authorId":"9000000000000610","name":"AmitKukreja","avatar":"https://community-static.tradeup.com/news/36eba9d34c280ca1d64636bcc710c5bf","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"9000000000000610","idStr":"9000000000000610"},"themes":[],"htmlText":"\n \n \n  The Dirty Jobs Facebook &amp; Google Don't Want You To Know About\n \n","listText":"The Dirty Jobs Facebook &amp; Google Don't Want You To Know About","text":"The Dirty Jobs Facebook & Google Don't Want You To Know About","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943373266","isVote":1,"tweetType":2,"object":{"id":"71be209b9d164c488aa76eb89cbe18d8","tweetId":"9943373266","title":"The Dirty Jobs Facebook &amp; Google Don&#39;t Want You To Know About","videoUrl":"http://v.tigerbbs.com/167920336621873aae8d15649290a76388f5d53111223.mp4","poster":"https://static.tigerbbs.com/ac616bdc81f88ce8104a9786eb4039fd","shareLink":"http://v.tigerbbs.com/167920336621873aae8d15649290a76388f5d53111223.mp4"},"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":690,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943027186,"gmtCreate":1678979397445,"gmtModify":1678979401403,"author":{"id":"4098777036578080","authorId":"4098777036578080","name":"carlee","avatar":"https://static.tigerbbs.com/06afc91e99eec980d6cf7abd1a1067dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098777036578080","idStr":"4098777036578080"},"themes":[],"htmlText":"Ic","listText":"Ic","text":"Ic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943027186","repostId":"9943028398","repostType":1,"repost":{"id":9943028398,"gmtCreate":1678976621214,"gmtModify":1678976822552,"author":{"id":"9000000000000510","authorId":"9000000000000510","name":"LeoIII.","avatar":"https://static.tigerbbs.com/df4fa8f4a07de7855d1ef44804bdd5a9","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"9000000000000510","idStr":"9000000000000510"},"themes":[],"title":"Baidu sinks","htmlText":"&nbsp;<a href=\"https://ttm.financial/S/BIDU\">$Baidu(BIDU)$</a> on Thursday gave the public a peek at what its Chinese-language ChatGPT alternative can do, while warning of its imperfections.During a livestreamed release event, Baidu CEO Robin Li emphasized the company’s product — called Ernie bot — is not perfect. Shares fell nearly 6.4% in Hong Kong, amid a wider fall for Asian stocks, and posted their lowest close since Jan. 19.Li emphasized how the product would improve through users’ ability to give it feedback.Baidu is prioritizing initial Ernie bot access for what it calls 650 ecosystem business partners, which include some media companies, banks and car firms. Baidu has a large enterprise cloud business and said users of its AI cloud could apply for access to Ernie bot’s application","listText":"&nbsp;<a href=\"https://ttm.financial/S/BIDU\">$Baidu(BIDU)$</a> on Thursday gave the public a peek at what its Chinese-language ChatGPT alternative can do, while warning of its imperfections.During a livestreamed release event, Baidu CEO Robin Li emphasized the company’s product — called Ernie bot — is not perfect. Shares fell nearly 6.4% in Hong Kong, amid a wider fall for Asian stocks, and posted their lowest close since Jan. 19.Li emphasized how the product would improve through users’ ability to give it feedback.Baidu is prioritizing initial Ernie bot access for what it calls 650 ecosystem business partners, which include some media companies, banks and car firms. Baidu has a large enterprise cloud business and said users of its AI cloud could apply for access to Ernie bot’s application","text":"$Baidu(BIDU)$ on Thursday gave the public a peek at what its Chinese-language ChatGPT alternative can do, while warning of its imperfections.During a livestreamed release event, Baidu CEO Robin Li emphasized the company’s product — called Ernie bot — is not perfect. Shares fell nearly 6.4% in Hong Kong, amid a wider fall for Asian stocks, and posted their lowest close since Jan. 19.Li emphasized how the product would improve through users’ ability to give it feedback.Baidu is prioritizing initial Ernie bot access for what it calls 650 ecosystem business partners, which include some media companies, banks and car firms. Baidu has a large enterprise cloud business and said users of its AI cloud could apply for access to Ernie bot’s application","images":[{"img":"https://community-static.tradeup.com/news/c4e3e106fbcc28e9c5b2be2a78018886","width":"-1","height":"-1"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943028398","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":602,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940991194,"gmtCreate":1677633217019,"gmtModify":1677633219866,"author":{"id":"4098777036578080","authorId":"4098777036578080","name":"carlee","avatar":"https://static.tigerbbs.com/06afc91e99eec980d6cf7abd1a1067dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098777036578080","idStr":"4098777036578080"},"themes":[],"htmlText":"I","listText":"I","text":"I","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940991194","repostId":"9940909186","repostType":1,"repost":{"id":9940909186,"gmtCreate":1677631530345,"gmtModify":1677631535088,"author":{"id":"3581557180344145","authorId":"3581557180344145","name":"Dogecake","avatar":"https://static.tigerbbs.com/d76d36c16d4030fabec7511a03e9c987","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581557180344145","idStr":"3581557180344145"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SOXL\">$Semiconductor Bull 3X Shares(SOXL)$&nbsp;</a><v-v data-views=\"1\"></v-v>😙😙😙😌😌👌👌😒😒😒😜😒😜😎😜😎🥸😚🥸🥸😚😎🥸😎😙🥸😚😎😙🥸😚😎😗🥸😚😎😙🥸😚😎😙🥸😚😒😗🥸😚😒😗🥸😚😒😗🥸😚😗😎🥸😎😌🥸😍🥸😍🥸😍🥸😍🥸😍🥸😍🥸😍🥸😚😎😙😎😎😙😎😎😜😜😎😙😎😙😎😙🥸😙😎😙🥸","listText":"<a href=\"https://ttm.financial/S/SOXL\">$Semiconductor Bull 3X Shares(SOXL)$&nbsp;</a><v-v data-views=\"1\"></v-v>😙😙😙😌😌👌👌😒😒😒😜😒😜😎😜😎🥸😚🥸🥸😚😎🥸😎😙🥸😚😎😙🥸😚😎😗🥸😚😎😙🥸😚😎😙🥸😚😒😗🥸😚😒😗🥸😚😒😗🥸😚😗😎🥸😎😌🥸😍🥸😍🥸😍🥸😍🥸😍🥸😍🥸😍🥸😚😎😙😎😎😙😎😎😜😜😎😙😎😙😎😙🥸😙😎😙🥸","text":"$Semiconductor Bull 3X Shares(SOXL)$ 😙😙😙😌😌👌👌😒😒😒😜😒😜😎😜😎🥸😚🥸🥸😚😎🥸😎😙🥸😚😎😙🥸😚😎😗🥸😚😎😙🥸😚😎😙🥸😚😒😗🥸😚😒😗🥸😚😒😗🥸😚😗😎🥸😎😌🥸😍🥸😍🥸😍🥸😍🥸😍🥸😍🥸😍🥸😚😎😙😎😎😙😎😎😜😜😎😙😎😙😎😙🥸😙😎😙🥸","images":[{"img":"https://community-static.tradeup.com/news/44fa694b5b5d31780ecbd3b72f6c065e","width":"1170","height":"1959"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940909186","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":521,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956439649,"gmtCreate":1674112289882,"gmtModify":1676538924445,"author":{"id":"4098777036578080","authorId":"4098777036578080","name":"carlee","avatar":"https://static.tigerbbs.com/06afc91e99eec980d6cf7abd1a1067dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098777036578080","idStr":"4098777036578080"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/06969\">$SMOORE INTL(06969)$ &nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/06969\">$SMOORE INTL(06969)$ &nbsp;</a>","text":"$SMOORE INTL(06969)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956439649","isVote":1,"tweetType":1,"viewCount":515,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9927482178,"gmtCreate":1672561371095,"gmtModify":1676538705493,"author":{"id":"4098777036578080","authorId":"4098777036578080","name":"carlee","avatar":"https://static.tigerbbs.com/06afc91e99eec980d6cf7abd1a1067dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098777036578080","idStr":"4098777036578080"},"themes":[],"htmlText":"Ic","listText":"Ic","text":"Ic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9927482178","repostId":"9927488568","repostType":1,"repost":{"id":9927488568,"gmtCreate":1672560713455,"gmtModify":1676538705445,"author":{"id":"3581730064782630","authorId":"3581730064782630","name":"Ultrahisham","avatar":"https://community-static.tradeup.com/news/bab3e4284f4d91bbf2336426480f1c44","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581730064782630","idStr":"3581730064782630"},"themes":[],"htmlText":"The Year of Opportunities! 2022 was a very challenging year! The markets were under pressure the whole year and it was a tricky venture trying to chart road maps no thanks to a market that keeps making three waves in either direction. That makes decisionmaking tough as we cannot rest on out laurelsand expect the market to be plain sailing. A three wave is tricky as it means trend can always reverse guving rise to a multitude of probBilities&nbsp;and its not as straightforward as when a clear five wave pattern appears. Price action at important levels hence becomes very critical and agility in the market is essential if you want to be actively vested rather than passive.&nbsp; 2022 has now come to a close and many are hoping that 2023 will be a better year for the markets. Many fundamental","listText":"The Year of Opportunities! 2022 was a very challenging year! The markets were under pressure the whole year and it was a tricky venture trying to chart road maps no thanks to a market that keeps making three waves in either direction. That makes decisionmaking tough as we cannot rest on out laurelsand expect the market to be plain sailing. A three wave is tricky as it means trend can always reverse guving rise to a multitude of probBilities&nbsp;and its not as straightforward as when a clear five wave pattern appears. Price action at important levels hence becomes very critical and agility in the market is essential if you want to be actively vested rather than passive.&nbsp; 2022 has now come to a close and many are hoping that 2023 will be a better year for the markets. Many fundamental","text":"The Year of Opportunities! 2022 was a very challenging year! The markets were under pressure the whole year and it was a tricky venture trying to chart road maps no thanks to a market that keeps making three waves in either direction. That makes decisionmaking tough as we cannot rest on out laurelsand expect the market to be plain sailing. A three wave is tricky as it means trend can always reverse guving rise to a multitude of probBilities and its not as straightforward as when a clear five wave pattern appears. Price action at important levels hence becomes very critical and agility in the market is essential if you want to be actively vested rather than passive. 2022 has now come to a close and many are hoping that 2023 will be a better year for the markets. Many fundamental","images":[],"top":1,"highlighted":2,"essential":2,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9927488568","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":387,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9962626129,"gmtCreate":1669771398761,"gmtModify":1676538239526,"author":{"id":"4098777036578080","authorId":"4098777036578080","name":"carlee","avatar":"https://static.tigerbbs.com/06afc91e99eec980d6cf7abd1a1067dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098777036578080","idStr":"4098777036578080"},"themes":[],"htmlText":"Ic","listText":"Ic","text":"Ic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9962626129","repostId":"9962698727","repostType":1,"repost":{"id":9962698727,"gmtCreate":1669767149569,"gmtModify":1676538238049,"author":{"id":"3527667626267411","authorId":"3527667626267411","name":"Value_investing","avatar":"https://community-static.tradeup.com/news/89ffffc59ff9ac9cb9cb74f596418d44","crmLevel":0,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3527667626267411","idStr":"3527667626267411"},"themes":[],"title":"Earnings| Pinduoduo's Q3 net income soared 546%","htmlText":"Pinduoduo<a target=\"_blank\" href=\"https://laohu8.com/S/PDD\">$Pinduoduo Inc.(PDD)$</a> posted third-quarter results showing a 546% jump in net income, and its shares rose more than 15%.As we all know, the third quarter results of listed companies were mostly poor due to the impact of the pandemic, the macroeconomic downturn and consumer austerity.At Alibaba<a target=\"_blank\" href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a> <a target=\"_blank\" href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a> , for example, China commerce (mainly e-commerce) revenue fell 1% year on year in the third quarter, no improvement from the -1% growth in the second quarter.Pinduoduo's revenue growth in the third quarter was as high as 65.1%, far exceeding market expectations:In terms of net income growth, Pin","listText":"Pinduoduo<a target=\"_blank\" href=\"https://laohu8.com/S/PDD\">$Pinduoduo Inc.(PDD)$</a> posted third-quarter results showing a 546% jump in net income, and its shares rose more than 15%.As we all know, the third quarter results of listed companies were mostly poor due to the impact of the pandemic, the macroeconomic downturn and consumer austerity.At Alibaba<a target=\"_blank\" href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a> <a target=\"_blank\" href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a> , for example, China commerce (mainly e-commerce) revenue fell 1% year on year in the third quarter, no improvement from the -1% growth in the second quarter.Pinduoduo's revenue growth in the third quarter was as high as 65.1%, far exceeding market expectations:In terms of net income growth, Pin","text":"Pinduoduo$Pinduoduo Inc.(PDD)$ posted third-quarter results showing a 546% jump in net income, and its shares rose more than 15%.As we all know, the third quarter results of listed companies were mostly poor due to the impact of the pandemic, the macroeconomic downturn and consumer austerity.At Alibaba$Alibaba(BABA)$ $Alibaba(09988)$ , for example, China commerce (mainly e-commerce) revenue fell 1% year on year in the third quarter, no improvement from the -1% growth in the second quarter.Pinduoduo's revenue growth in the third quarter was as high as 65.1%, far exceeding market expectations:In terms of net income growth, Pin","images":[{"img":"https://community-static.tradeup.com/news/95c214a2d64c3e1404a949a8aa0afe09","width":"554","height":"184"},{"img":"https://community-static.tradeup.com/news/3c7325a122e88c2aac845e900cf7938f","width":"-1","height":"-1"},{"img":"https://community-static.tradeup.com/news/a993cd616706eb4b318e96638d29d23e","width":"-1","height":"-1"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9962698727","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":6,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9963720589,"gmtCreate":1668764774242,"gmtModify":1676538110212,"author":{"id":"4098777036578080","authorId":"4098777036578080","name":"carlee","avatar":"https://static.tigerbbs.com/06afc91e99eec980d6cf7abd1a1067dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098777036578080","idStr":"4098777036578080"},"themes":[],"htmlText":"..","listText":"..","text":"..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9963720589","repostId":"9963622384","repostType":1,"repost":{"id":9963622384,"gmtCreate":1668668460748,"gmtModify":1676538094204,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3527667667103859","idStr":"3527667667103859"},"themes":[],"title":"[Thanksgiving] Say thank you to your friends","htmlText":"Hi Tigers,Thanksgiving is just around the corner! We have prepared Tiger Coins and gifts for you to participate in our Thanksgiving event.Thanksgiving Day is an annual national holiday in the United States and Singapore that celebrates the harvest and other blessings of the previous year. In addition, people express their gratitude to those who helped them over the past year.In the past year, who gave you the biggest help? We would like to invite you to say thank you to those who have helped you in the past year.💡How to participate Like and Repost the campaign post.","listText":"Hi Tigers,Thanksgiving is just around the corner! We have prepared Tiger Coins and gifts for you to participate in our Thanksgiving event.Thanksgiving Day is an annual national holiday in the United States and Singapore that celebrates the harvest and other blessings of the previous year. In addition, people express their gratitude to those who helped them over the past year.In the past year, who gave you the biggest help? We would like to invite you to say thank you to those who have helped you in the past year.💡How to participate Like and Repost the campaign post.","text":"Hi Tigers,Thanksgiving is just around the corner! We have prepared Tiger Coins and gifts for you to participate in our Thanksgiving event.Thanksgiving Day is an annual national holiday in the United States and Singapore that celebrates the harvest and other blessings of the previous year. In addition, people express their gratitude to those who helped them over the past year.In the past year, who gave you the biggest help? We would like to invite you to say thank you to those who have helped you in the past year.💡How to participate Like and Repost the campaign post.","images":[{"img":"https://community-static.tradeup.com/news/35d6ad50d602c819c196296c6d5b4f4f","width":"1125","height":"360"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9963622384","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":235,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9960295040,"gmtCreate":1668163118781,"gmtModify":1676538023129,"author":{"id":"4098777036578080","authorId":"4098777036578080","name":"carlee","avatar":"https://static.tigerbbs.com/06afc91e99eec980d6cf7abd1a1067dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098777036578080","idStr":"4098777036578080"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/VUSA.UK\">$VANGUARD S&amp;P 500 UCITS ETF(VUSA.UK)$ </a>&nbsp;..&nbsp;","listText":"<a href=\"https://ttm.financial/S/VUSA.UK\">$VANGUARD S&amp;P 500 UCITS ETF(VUSA.UK)$ </a>&nbsp;..&nbsp;","text":"$VANGUARD S&P 500 UCITS ETF(VUSA.UK)$ ..","images":[{"img":"https://community-static.tradeup.com/news/233c089af853670b13414cf69dfe7ea8","width":"1440","height":"2746"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9960295040","isVote":1,"tweetType":1,"viewCount":457,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9985363234,"gmtCreate":1667316216228,"gmtModify":1676537897129,"author":{"id":"4098777036578080","authorId":"4098777036578080","name":"carlee","avatar":"https://static.tigerbbs.com/06afc91e99eec980d6cf7abd1a1067dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098777036578080","idStr":"4098777036578080"},"themes":[],"htmlText":".//<a href=\"https://laohu8.com/U/4098777036578080\">@carlee</a>: ..&nbsp;","listText":".//<a href=\"https://laohu8.com/U/4098777036578080\">@carlee</a>: ..&nbsp;","text":".//@carlee: ..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9985363234","repostId":"9937065525","repostType":1,"repost":{"id":9937065525,"gmtCreate":1663326977567,"gmtModify":1676537252712,"author":{"id":"4098777036578080","authorId":"4098777036578080","name":"carlee","avatar":"https://static.tigerbbs.com/06afc91e99eec980d6cf7abd1a1067dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098777036578080","idStr":"4098777036578080"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AJBU.SI\">$KEPPEL DC REIT(AJBU.SI)$</a>..","listText":"<a href=\"https://ttm.financial/S/AJBU.SI\">$KEPPEL DC REIT(AJBU.SI)$</a>..","text":"$KEPPEL DC REIT(AJBU.SI)$..","images":[{"img":"https://community-static.tradeup.com/news/342615c48882c06eaf8aa3660bdbf03c","width":"1440","height":"2560"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9937065525","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":379,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9989105566,"gmtCreate":1665932291055,"gmtModify":1676537680488,"author":{"id":"4098777036578080","authorId":"4098777036578080","name":"carlee","avatar":"https://static.tigerbbs.com/06afc91e99eec980d6cf7abd1a1067dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098777036578080","idStr":"4098777036578080"},"themes":[],"htmlText":"..&nbsp;","listText":"..&nbsp;","text":"..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":14,"repostSize":0,"link":"https://ttm.financial/post/9989105566","repostId":"9910457047","repostType":1,"repost":{"id":9910457047,"gmtCreate":1663672829190,"gmtModify":1676537312787,"author":{"id":"4098777036578080","authorId":"4098777036578080","name":"carlee","avatar":"https://static.tigerbbs.com/06afc91e99eec980d6cf7abd1a1067dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098777036578080","idStr":"4098777036578080"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/A17U.SI\">$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$</a>&nbsp;.&nbsp;","listText":"<a href=\"https://ttm.financial/S/A17U.SI\">$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$</a>&nbsp;.&nbsp;","text":"$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$ 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23:21","market":"us","language":"en","title":"The Case For The S&P 500 Dropping To 2,200","url":"https://stock-news.laohu8.com/highlight/detail?id=1177261377","media":"Seeking Alpha","summary":"SummaryThe S&P 500 is at risk of heading much lower than many think.This is not hyperbole; it is bas","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>The S&amp;P 500 is at risk of heading much lower than many think.</li><li>This is not hyperbole; it is based on a combination of historical analysis and the realities of the current market climate.</li><li>While history doesn&#39;t repeat exactly, human nature has a way of making it &#34;rhyme&#34; with the past.</li><li>The technical condition of the broad stock market looks terrible on an intermediate-term basis.</li><li>There&#39;s always a chance for a &#34;save&#34; - e.g., by the Fed - but inflation completely changes the calculus.</li></ul><p>Remember back in late March of 2020? The S&amp;P 500 (SP500) had just lost about one-third of its value in five weeks. It fell from around 3,400 to just under 2,200. Lockdowns, panic, and red ink on stock portfolios were everywhere. Then, likeit was shot out of a cannon, yet another extension of the 11-year bull market that began back in 2009 commenced. But if this &#34;new era&#34; of investing in the stock market plays out the way it appears to be, based on current charts and recent history, that 2,200 level from late March 2020 could be the S&amp;P 500&#39;s ultimate destination before this bear market cycle concludes.</p><p><b>Current Evidence</b></p><p>In this new era of inflation, Fed-obsessed investors, algorithmic trading, and index-driven investment flows, the market is more of a confidence game than I&#39;ve seen in three decades of investing professionally. And that confidence is fading, drop by drop. As a 42-year chartist, my evidence always ultimately boils down to a picture. Here&#39;s one to explain it to you.</p><p><img src=\"https://static.tigerbbs.com/ea920e21231810c68359aaca3af08d36\" tg-width=\"640\" tg-height=\"286\" referrerpolicy=\"no-referrer\"/></p><p>What you don&#39;t want to see if you are looking for &#34;the bottom&#34; (TC2000)</p><p>This a technical chart (weekly prices) of the S&amp;P 500 back to late 2019, so you can see how far we&#39;ve come - and, perhaps, where we are going again. Because while any investment or index can rise in price at any time, the intermediate-term risk attached to nearly any market segment, theme, industry, or sector right now is high. Historically high.</p><p>What do I see in this chart? The top section of graph (price pattern) and the price percent oscillator (PPO) momentum indicator in the bottom section of the chart shows at least three important warning signs for those who are counting on a &#34;quick fix&#34; to the current stock market malaise.</p><p><b>That Stubborn Trendline</b></p><p>Since Jan. 4 of this year (the second trading day of 2022), the S&amp;P 500, and most of the global stock market, has been in a clear downward trend. That&#39;s the black line shown toward the top of the chart. Think of this line as marking the rite of passage if a new bull market is going to start anytime soon. The bulls have had three cracks at it - in April, August, and earlier this month. In all three cases, the result was, as we technicians say, &#34;failure.&#34; The S&amp;P 500&#39;s price failed to cross above and stay above that downward trend.</p><p>Frankly, breaking above that downtrend line is a pretty low bar for hopeful bullish stock investors right now. It would take a convincing, sustainable move toward the 4,300 area to negate all of the downward pressure that stocks have experienced this year. And that is still more than 10% from the S&amp;P 500&#39;s all-time high level around 4,800.</p><p><b>Those Darn Red Arrows</b></p><p>A more detailed version of what you just read above is to see how many false rallies we&#39;ve had during this eight-month downtrend for stocks. Every red arrow I drew into the chart marks a moment where bullish investors (and Wall Street firm cheerleaders, who need bull markets to keep their revenues flowing) might have felt that &#34;the bottom was in.&#34;</p><p>Well, there are 12 red arrows on that chart, and one orange arrow at the far right, as the recent market malaise sorts itself out. That&#39;s a lot of failure, and lends strong evidence to my belief that the most likely intermediate direction for the S&amp;P 500 is down - a lot.</p><p><b>Watch Out for the Cross</b></p><p>I&#39;ll spare you a full dissertation on the PPO, except to tell you that in 42 years of charting, I&#39;ve seen and tried a lot of different technical indicators. The PPO is my personal favorite, and the longer the time frame you look (e.g., charts of weekly prices v. daily, hourly, etc.), the more I have come to regard it as a market &#34;truth teller.&#34;</p><p>What the PPO on the S&amp;P 500 tells me now is that we are close to the weekly indicator crossing over to the downside. In English, that means decidedly negative price momentum. So, while shorter-term PPO time frames have already crossed over, this is the one that might just take us from all of those red arrows (rallies that fail) to something more serious, and something more emotional for investors on the way down.</p><p><b>Historical Evidence: The Dot-Com Era</b></p><p>At this point, you might be thinking the same thing many investors tell me when I proclaim that 2,200 could be the ultimate destination for the S&amp;P 500 in this bear cycle: &#34;No way - really?!&#34; Here&#39;s some history to either remind you or inform you of what happens when the stock market goes from an era of excessive speculation to increasing concern, and eventually to emotional chaos.</p><p>The S&amp;P 500 lost about half of its value from March 2000 to March 2003. Here&#39;s what that looked like.</p><p><img src=\"https://static.tigerbbs.com/9dc0e2b19c0fdb9c7a513fddf091eff0\" tg-width=\"640\" tg-height=\"401\" referrerpolicy=\"no-referrer\"/></p><p>S&amp;P 500: Dot-Com Bubble (Ycharts.com)</p><p>However, as with the current market environment in 2022, it was not as simple as a 50% &#34;flash crash.&#34; It was more like the proverbial boiling frog analogy. It took the form of a series of sharp drops and hopeful rallies. However, as has been the case in 2022, the rallies didn&#39;t last - and so I kept having to add more of those red arrows to that first chart.</p><p>Here&#39;s what happened starting 11 months into the dot-com bubble. The S&amp;P 500 had fallen about 20%, then gained back enough to leave it down only 10% from its all-time high. Yes, the same thing happened this year. Coincidence or human nature? It doesn&#39;t really matter. Price rules.</p><p><img src=\"https://static.tigerbbs.com/3e5b1c78e195588102f84a74a3bee661\" tg-width=\"640\" tg-height=\"424\" referrerpolicy=\"no-referrer\"/></p><p>S&amp;P 500: Dot-Com Bubble - just when you thought it was over! (Ycharts.com)</p><p>So that initial decline and recovery, which netted the S&amp;P 500 about a 10% loss, was succeeded by a whopping 40%+ decline. The S&amp;P 500&#39;s most recent rally topped out at around 4,300. Take 40% off of that, and you are in the 2,600 area. As history would have it, that was the better of the first two bear markets of this century.</p><p><b>Historical Evidence: Global Financial Crisis</b></p><p>If you are keeping score at home, the dot-com bust meant that index fund investors had to double their money just to earn a zero return since the start of that time frame. And they did exactly that, from 2003 through 2007.</p><p>And then, it happened again. Here&#39;s the S&amp;P 500 from October 2007 through March of 2009.</p><p><img src=\"https://static.tigerbbs.com/4dbb9483c84007e214ce0d1b40345d24\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/></p><p>S&amp;P 500: Global Financial Crisis (Ycharts.com)</p><p>Once again, there was the initial drop, the &#34;it&#39;s only a flesh wound&#34; (with apologies to &#34;Monty Python&#34;) phase, and then this from August 2008 through March 2009.</p><p><img src=\"https://static.tigerbbs.com/78eee7337e28dd849990a96ddc9e04a9\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"/></p><p>S&amp;P 500 GFC - just when you thought it was over! (Ycharts.com)</p><p>The net result, as the previous chart showed, was a 56% drop from the peak. If you had invested in an S&amp;P 500 Index fund on Jan. 4, 2022, and the 2007-09 down move repeated itself, your ultimate destination would be around 2,100. So, a move from S&amp;P 4,800 down to 2,200 in the coming year or two doesn&#39;t seem so unlikely.</p><p><b>Observations and Conclusions</b></p><p>Stock market analysis and evaluation of risk is never an all-or-nothing proposition. Instead, it is about evaluating as many possible scenarios as you can, including some realistic but generally unthinkable ones. After all, any investment can go up at any time. What distinguishes any security and any market climate from any another is the amount of major risk you are taking when you put that capital to work.</p><p>Here in the final third of 2022, and considering potential reward and risk through to 2023, my conclusion is that the level of market risk is currently at a historically high rate.</p><p><b>The Good News for Bulls (for Now)</b></p><p>That doesn&#39;t mean 2,200 is a given. It just means that the odds favor much more downside from here. Whether by way of the Fed&#39;s magic wand or some change of heart by a hoard of investors, the S&amp;P 500 could reverse course, get happy again, and move toward and above that all-time high and above 5,000. It could happen this year or next year. One never knows.</p><p>But if you are &#34;counting&#34; on that based on the fact that we have not had a sustained decline in the S&amp;P 500 in over 13 years, you are investing with rose-colored glasses. Inflation is the new wildcard, and was not an issue during the periods shown above.</p><p>Furthermore, the nature of market participants has changed, with piles of money flooded into index funds, and so much short-term trading by professional and retail investors alike. The odds of something breaking are high. And the S&amp;P 500&#39;s chart is telling us that. We just need to listen.</p><p><b>What to Do if I&#39;m Right</b></p><p>As my team and I will cover extensively and exclusively at Seeking Alpha in the days, weeks, and months ahead, there is a wide variety of investment weapons available to investors today. These allow them to not simply defend bear markets in stocks and bonds, but exploit them for profit. But before any investor can consider that step, they must first acknowledge that at the present time accounting for risk of major loss, so you can prevent it, should be every investor&#39;s top priority.</p><p><b>The Key: Mix Offense and Defense in Portfolios</b></p><p>I truly believe markets are at a critical crossroads. That means the tremendous wealth accumulated over the past decade is at risk, for those who don&#39;t know how to mix defense with their offense. The bottom line is that this autumn, we find ourselves in a market climate that is only rivaled by the last two times investors saw half of the index funds&#39; value disappear. Be careful out there, and learn how to navigate this new and, dare I say, historic climate.</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>The Case For The S&P 500 Dropping To 2,200</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Case For The S&P 500 Dropping To 2,200\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-23 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4542347-the-s-and-p-500-set-to-drop><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe S&P 500 is at risk of heading much lower than many think.This is not hyperbole; it is based on a combination of historical analysis and the realities of the current market climate.While ...</p>\n\n<a href=\"https://seekingalpha.com/article/4542347-the-s-and-p-500-set-to-drop\">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"},"source_url":"https://seekingalpha.com/article/4542347-the-s-and-p-500-set-to-drop","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177261377","content_text":"SummaryThe S&P 500 is at risk of heading much lower than many think.This is not hyperbole; it is based on a combination of historical analysis and the realities of the current market climate.While history doesn't repeat exactly, human nature has a way of making it \"rhyme\" with the past.The technical condition of the broad stock market looks terrible on an intermediate-term basis.There's always a chance for a \"save\" - e.g., by the Fed - but inflation completely changes the calculus.Remember back in late March of 2020? The S&P 500 (SP500) had just lost about one-third of its value in five weeks. It fell from around 3,400 to just under 2,200. Lockdowns, panic, and red ink on stock portfolios were everywhere. Then, likeit was shot out of a cannon, yet another extension of the 11-year bull market that began back in 2009 commenced. But if this \"new era\" of investing in the stock market plays out the way it appears to be, based on current charts and recent history, that 2,200 level from late March 2020 could be the S&P 500's ultimate destination before this bear market cycle concludes.Current EvidenceIn this new era of inflation, Fed-obsessed investors, algorithmic trading, and index-driven investment flows, the market is more of a confidence game than I've seen in three decades of investing professionally. And that confidence is fading, drop by drop. As a 42-year chartist, my evidence always ultimately boils down to a picture. Here's one to explain it to you.What you don't want to see if you are looking for \"the bottom\" (TC2000)This a technical chart (weekly prices) of the S&P 500 back to late 2019, so you can see how far we've come - and, perhaps, where we are going again. Because while any investment or index can rise in price at any time, the intermediate-term risk attached to nearly any market segment, theme, industry, or sector right now is high. Historically high.What do I see in this chart? The top section of graph (price pattern) and the price percent oscillator (PPO) momentum indicator in the bottom section of the chart shows at least three important warning signs for those who are counting on a \"quick fix\" to the current stock market malaise.That Stubborn TrendlineSince Jan. 4 of this year (the second trading day of 2022), the S&P 500, and most of the global stock market, has been in a clear downward trend. That's the black line shown toward the top of the chart. Think of this line as marking the rite of passage if a new bull market is going to start anytime soon. The bulls have had three cracks at it - in April, August, and earlier this month. In all three cases, the result was, as we technicians say, \"failure.\" The S&P 500's price failed to cross above and stay above that downward trend.Frankly, breaking above that downtrend line is a pretty low bar for hopeful bullish stock investors right now. It would take a convincing, sustainable move toward the 4,300 area to negate all of the downward pressure that stocks have experienced this year. And that is still more than 10% from the S&P 500's all-time high level around 4,800.Those Darn Red ArrowsA more detailed version of what you just read above is to see how many false rallies we've had during this eight-month downtrend for stocks. Every red arrow I drew into the chart marks a moment where bullish investors (and Wall Street firm cheerleaders, who need bull markets to keep their revenues flowing) might have felt that \"the bottom was in.\"Well, there are 12 red arrows on that chart, and one orange arrow at the far right, as the recent market malaise sorts itself out. That's a lot of failure, and lends strong evidence to my belief that the most likely intermediate direction for the S&P 500 is down - a lot.Watch Out for the CrossI'll spare you a full dissertation on the PPO, except to tell you that in 42 years of charting, I've seen and tried a lot of different technical indicators. The PPO is my personal favorite, and the longer the time frame you look (e.g., charts of weekly prices v. daily, hourly, etc.), the more I have come to regard it as a market \"truth teller.\"What the PPO on the S&P 500 tells me now is that we are close to the weekly indicator crossing over to the downside. In English, that means decidedly negative price momentum. So, while shorter-term PPO time frames have already crossed over, this is the one that might just take us from all of those red arrows (rallies that fail) to something more serious, and something more emotional for investors on the way down.Historical Evidence: The Dot-Com EraAt this point, you might be thinking the same thing many investors tell me when I proclaim that 2,200 could be the ultimate destination for the S&P 500 in this bear cycle: \"No way - really?!\" Here's some history to either remind you or inform you of what happens when the stock market goes from an era of excessive speculation to increasing concern, and eventually to emotional chaos.The S&P 500 lost about half of its value from March 2000 to March 2003. Here's what that looked like.S&P 500: Dot-Com Bubble (Ycharts.com)However, as with the current market environment in 2022, it was not as simple as a 50% \"flash crash.\" It was more like the proverbial boiling frog analogy. It took the form of a series of sharp drops and hopeful rallies. However, as has been the case in 2022, the rallies didn't last - and so I kept having to add more of those red arrows to that first chart.Here's what happened starting 11 months into the dot-com bubble. The S&P 500 had fallen about 20%, then gained back enough to leave it down only 10% from its all-time high. Yes, the same thing happened this year. Coincidence or human nature? It doesn't really matter. Price rules.S&P 500: Dot-Com Bubble - just when you thought it was over! (Ycharts.com)So that initial decline and recovery, which netted the S&P 500 about a 10% loss, was succeeded by a whopping 40%+ decline. The S&P 500's most recent rally topped out at around 4,300. Take 40% off of that, and you are in the 2,600 area. As history would have it, that was the better of the first two bear markets of this century.Historical Evidence: Global Financial CrisisIf you are keeping score at home, the dot-com bust meant that index fund investors had to double their money just to earn a zero return since the start of that time frame. And they did exactly that, from 2003 through 2007.And then, it happened again. Here's the S&P 500 from October 2007 through March of 2009.S&P 500: Global Financial Crisis (Ycharts.com)Once again, there was the initial drop, the \"it's only a flesh wound\" (with apologies to \"Monty Python\") phase, and then this from August 2008 through March 2009.S&P 500 GFC - just when you thought it was over! (Ycharts.com)The net result, as the previous chart showed, was a 56% drop from the peak. If you had invested in an S&P 500 Index fund on Jan. 4, 2022, and the 2007-09 down move repeated itself, your ultimate destination would be around 2,100. So, a move from S&P 4,800 down to 2,200 in the coming year or two doesn't seem so unlikely.Observations and ConclusionsStock market analysis and evaluation of risk is never an all-or-nothing proposition. Instead, it is about evaluating as many possible scenarios as you can, including some realistic but generally unthinkable ones. After all, any investment can go up at any time. What distinguishes any security and any market climate from any another is the amount of major risk you are taking when you put that capital to work.Here in the final third of 2022, and considering potential reward and risk through to 2023, my conclusion is that the level of market risk is currently at a historically high rate.The Good News for Bulls (for Now)That doesn't mean 2,200 is a given. It just means that the odds favor much more downside from here. Whether by way of the Fed's magic wand or some change of heart by a hoard of investors, the S&P 500 could reverse course, get happy again, and move toward and above that all-time high and above 5,000. It could happen this year or next year. One never knows.But if you are \"counting\" on that based on the fact that we have not had a sustained decline in the S&P 500 in over 13 years, you are investing with rose-colored glasses. Inflation is the new wildcard, and was not an issue during the periods shown above.Furthermore, the nature of market participants has changed, with piles of money flooded into index funds, and so much short-term trading by professional and retail investors alike. The odds of something breaking are high. And the S&P 500's chart is telling us that. We just need to listen.What to Do if I'm RightAs my team and I will cover extensively and exclusively at Seeking Alpha in the days, weeks, and months ahead, there is a wide variety of investment weapons available to investors today. These allow them to not simply defend bear markets in stocks and bonds, but exploit them for profit. But before any investor can consider that step, they must first acknowledge that at the present time accounting for risk of major loss, so you can prevent it, should be every investor's top priority.The Key: Mix Offense and Defense in PortfoliosI truly believe markets are at a critical crossroads. That means the tremendous wealth accumulated over the past decade is at risk, for those who don't know how to mix defense with their offense. The bottom line is that this autumn, we find ourselves in a market climate that is only rivaled by the last two times investors saw half of the index funds' value disappear. Be careful out there, and learn how to navigate this new and, dare I say, historic climate.","news_type":1},"isVote":1,"tweetType":1,"viewCount":613,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9074997476,"gmtCreate":1658280200495,"gmtModify":1676536133828,"author":{"id":"4098777036578080","authorId":"4098777036578080","name":"carlee","avatar":"https://static.tigerbbs.com/06afc91e99eec980d6cf7abd1a1067dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098777036578080","authorIdStr":"4098777036578080"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/METV\">$Roundhill Ball Metaverse ETF(METV)$</a>[Spurting]&nbsp;","listText":"<a href=\"https://ttm.financial/S/METV\">$Roundhill Ball Metaverse ETF(METV)$</a>[Spurting]&nbsp;","text":"$Roundhill Ball Metaverse 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Say thank you to your friends","htmlText":"Hi Tigers,Thanksgiving is just around the corner! We have prepared Tiger Coins and gifts for you to participate in our Thanksgiving event.Thanksgiving Day is an annual national holiday in the United States and Singapore that celebrates the harvest and other blessings of the previous year. In addition, people express their gratitude to those who helped them over the past year.In the past year, who gave you the biggest help? We would like to invite you to say thank you to those who have helped you in the past year.💡How to participate Like and Repost the campaign post.","listText":"Hi Tigers,Thanksgiving is just around the corner! We have prepared Tiger Coins and gifts for you to participate in our Thanksgiving event.Thanksgiving Day is an annual national holiday in the United States and Singapore that celebrates the harvest and other blessings of the previous year. In addition, people express their gratitude to those who helped them over the past year.In the past year, who gave you the biggest help? We would like to invite you to say thank you to those who have helped you in the past year.💡How to participate Like and Repost the campaign post.","text":"Hi Tigers,Thanksgiving is just around the corner! We have prepared Tiger Coins and gifts for you to participate in our Thanksgiving event.Thanksgiving Day is an annual national holiday in the United States and Singapore that celebrates the harvest and other blessings of the previous year. In addition, people express their gratitude to those who helped them over the past year.In the past year, who gave you the biggest help? We would like to invite you to say thank you to those who have helped you in the past year.💡How to participate Like and Repost the campaign post.","images":[{"img":"https://community-static.tradeup.com/news/35d6ad50d602c819c196296c6d5b4f4f","width":"1125","height":"360"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9963622384","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":235,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9960295040,"gmtCreate":1668163118781,"gmtModify":1676538023129,"author":{"id":"4098777036578080","authorId":"4098777036578080","name":"carlee","avatar":"https://static.tigerbbs.com/06afc91e99eec980d6cf7abd1a1067dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098777036578080","authorIdStr":"4098777036578080"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/VUSA.UK\">$VANGUARD S&amp;P 500 UCITS ETF(VUSA.UK)$ 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href=\"https://ttm.financial/S/SGP.AU\">$Stockland Corp(SGP.AU)$</a>&nbsp;.&nbsp;","listText":"<a href=\"https://ttm.financial/S/SGP.AU\">$Stockland Corp(SGP.AU)$</a>&nbsp;.&nbsp;","text":"$Stockland Corp(SGP.AU)$ .","images":[{"img":"https://community-static.tradeup.com/news/bdd07565511e16ad17e463a3ed769276","width":"1080","height":"2172"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9994250256","isVote":1,"tweetType":1,"viewCount":215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9994225514,"gmtCreate":1661650711340,"gmtModify":1676536554293,"author":{"id":"4098777036578080","authorId":"4098777036578080","name":"carlee","avatar":"https://static.tigerbbs.com/06afc91e99eec980d6cf7abd1a1067dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098777036578080","authorIdStr":"4098777036578080"},"themes":[],"htmlText":"Ic","listText":"Ic","text":"Ic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994225514","repostId":"1161837457","repostType":4,"repost":{"id":"1161837457","kind":"news","pubTimestamp":1661645647,"share":"https://ttm.financial/m/news/1161837457?lang=&edition=fundamental","pubTime":"2022-08-28 08:14","market":"us","language":"en","title":"Nvidia: Guidance Is A Game-Changer","url":"https://stock-news.laohu8.com/highlight/detail?id=1161837457","media":"Seeking Alpha","summary":"SummaryMassive slowdown in the Gaming business is affecting Nvidia’s revenue prospects.Revenue guida","content":"<html><head></head><body><p>Summary</p><ul><li>Massive slowdown in the Gaming business is affecting Nvidia’s revenue prospects.</li><li>Revenue guidance for FQ3 was a real shocker as the outlook underperformed estimates by $1.0B.</li><li>Nvidia’s FY 2023 revenue estimates are set for a major downward revision.</li></ul><p>Nvidia (NASDAQ:NVDA) finally released highly anticipated earnings for its second fiscal quarter of FY 2023. Part of the earnings report card was the outlook for Nvidia&#39;s third fiscal quarter, which was significantly worse than expected. Nvidia is seeing a massiveslowdown in its Gaming business due to weakening demand and pricing for graphics processing units which have supported the chip maker&#39;s results last year. Because of the size of the expected revenue drop-off in FQ3&#39;23, Nvidia&#39;s shares are likely set to correct further to the downside!</p><p><b>Nvidia&#39;s FQ2&#39;23 earnings card was as expected</b></p><p>Nvidia&#39;s second quarter results largely conformed with the release of preliminary results from the beginning of August. Nvidia guided for $6.7B in FQ2 revenues due to a 33% year-over-year top line decrease in the Gaming segment. Actual revenues for Nvidia&#39;s FQ2&#39;23 were indeed $6.7B, showing 3% growth year-over-year, but also a 19% drop-off compared to FQ1. Unfortunately, Nvidia&#39;s gross margins collapsed in the second fiscal quarter to 45.9%, showing a decrease of 21.1 PP quarter-over-quarter. The drop in revenues and gross margins was overwhelmingly caused by the Gaming segment which reported, as expected, a 44% quarter-over-quarter drop in revenues due toweakening demand for GPUs and declining pricing strengthfor Nvidia&#39;s graphic cards. Weakening pricing for GPUsalso affected AMDin the last quarter, but Nvidia is more reliant on GPU sales than AMD and therefore more affected than its rival by the slowdown in the industry.</p><p><img src=\"https://static.tigerbbs.com/9690c900cda9585b16d72361723e11ca\" tg-width=\"909\" tg-height=\"274\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Nvidia: Final FQ2&#39;23 Results</p><p>Nvidia&#39;s Data Center revenues soared 61% year-over-year to $3.8B in FQ2 due to growing customer uptake of Nvidia&#39;s computing platforms that support data analysis and allow for the managing and scaling of artificial intelligence applications. Nvidia&#39;s Data Center business, because of the slowdown in the GPU segment, pulled ahead of Nvidia&#39;s Gaming segment regarding revenue generation in FQ2.</p><p>While Nvidia&#39;s Gaming business saw the biggest slowdown, the firm&#39;s &#39;OEM and Other&#39; business -- which includes the sale of dedicated cryptocurrency mining processors/CMPs -- also slumped. Nvidia&#39;s CMPs are used by cryptocurrency miners to validate transactions for proof of work cryptocurrencies like Ethereum (ETH-USD).</p><p>Nvidia doesn&#39;t break out how much of its OEM revenues are related to CMP sales, but crashing cryptocurrency prices in 2022 have not been good for business, obviously. Nvidia generated just $140M of OEM and Other revenues in FQ2, showing a decline of 66% year-over-year, due chiefly to decelerating demand for dedicated cryptocurrency mining processors. For those reasons, I don&#39;t see Nvidia developing its CMP business into a multi-billion dollar revenue opportunity, aspredicted previously, in the near term.</p><p><img src=\"https://static.tigerbbs.com/021fa94ce8462c4eecb6cdfc173dd154\" tg-width=\"1058\" tg-height=\"578\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Nvidia: Segment Revenue Trends</p><p><b>Nightmarish guidance</b></p><p>The most important piece of new information in Nvidia&#39;s release was the outlook for FQ3. Nvidia expects revenues of $5.90B plus or minus $118M, which would mark another 12% quarter-over-quarter decrease in consolidated revenues, which comes on top of the 19% quarter-over-quarter drop in revenues in FQ2. On an annualized basis, FQ3 revenues are down 29% compared to the beginning of the year, which marks a massive slowdown in Nvidia&#39;s business. The revenue downgrade for FQ3 occurred as Nvidia expects the Gaming industry to adjust to lower GPU demand and work throughhigh inventory levels. Nvidia&#39;s revenue guidance of $5.9B for FQ3 compares to aconsensus FQ3 estimate of $6.9B, meaning actual guidance was a massive $1.0B below the most recent revenue prediction.</p><p>I expected a sequential down-turn in revenues, led by Gaming, and projected FQ3 revenues to be between $6.0B to $6.2B, which reflected a sequential decline of up to 10%. Apparently, the situation in the Gaming industry is even more serious for Nvidia than expected, and it will affect how the market generates revenue estimates and values the stock going forward.</p><h3>My expectations for Nvidia going forward</h3><p>I expect Nvidia to continue to expand its Data Center business as demand for cloud computing, AI applications and hyper-scale platforms is only going to grow. However, I expect growth in this segment to be overshadowed by continual declines and pricing weakness in the Gaming segment. Worldwide PC shipments are expected to decline 9.5% (according toGartner) in 2022, but I believe the drop could be even larger if a deeper US recession were to bite.</p><p>Since there is no short-term solution to getting rid of high inventories in the PC industry, I expect pricing weakness in the GPU market to weigh on Nvidia&#39;s revenue potential. I also expect the pricing trend for both NVIDIA&#39;s GeForce RTX 30 and AMD&#39;s Radeon RX 6000 to remain negative, with larger discounts to the manufacturer&#39;s suggested retail price possible. Nvidia&#39;s RTX 30 GPU was available at a 9% discount to MSRP in July. Given the high inventory levels in the PC market paired with a drop-off in GPU demand, I expect Nvidia&#39;s flagship graphics card to trade at even higher discount to the MSRP going forward.</p><p>Because of the headwinds in the Gaming business, I expect Nvidia to generate about $27B in full-year revenues in FY 2023 (down from $28B), which means the chip maker could see no year-over-year growth whatsoever this year.</p><p><img src=\"https://static.tigerbbs.com/297c23d10b4798c94de6cfa3ff793b91\" tg-width=\"1280\" tg-height=\"802\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>NVDA Revenue (Quarterly YoY Growth) data by YCharts</p><p><b>Estimate and valuation risk</b></p><p>Nvidia&#39;s revenue estimates are now going to reset after the chip maker submitted a seriously bad guidance for its third fiscal quarter. As analysts incorporate Nvidia&#39;s FQ3&#39;23 revenue guidance into their projections, Nvidia is likely going to see a massive, broad-based reduction for its FY 2023 revenue predictions. Since lofty revenue expectations have been used to justify Nvidia&#39;s generous valuation, a reset of expectations has the potential to drive a downward revaluation of Nvidia&#39;s shares.</p><p>Nvidia&#39;s shares dropped 4.6% after regular trading yesterday and, I believe, the drop does not accurately reflect the seriousness of the sequential revenue downgrade. Nvidia currently has a P-S ratio of 12.2x, and if revenue estimates continue to fall, the valuation factor may even increase.</p><p><img src=\"https://static.tigerbbs.com/92263effbea15a27a9d0154ceff211d1\" tg-width=\"1280\" tg-height=\"852\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>NVDA Revenue Estimates for Current Fiscal Yeardata by YCharts</p><p><b>Other risks/considerations with Nvidia</b></p><p>I see two big risks for Nvidia at this point in time. The first one is that the slowdown in the GPU market may last for quite some time, meaning Nvidia may have to deal with slowing Gaming segment revenues for more than just one more quarter. This is because thePC market is in a declinewhich affects the shipment of Nvidia&#39;s GPUs. Secondly, revenue and earnings estimates, especially after the nightmarish guidance for FQ3&#39;23, will reflect a reset of growth expectations which in itself could lead Nvidia&#39;s shares into a new down-leg.</p><p><b>Final thoughts</b></p><p>Shares of Nvidia dropped 4.6% after the market closed, but I believe the sharpness of the expected revenue decline in FQ3 is not accurately reflected in this drop. The guidance truly is a game-changer because Nvidia&#39;s period of hyper-growth is ending.</p><p>Nvidia&#39;s outlook for FQ3&#39;23 revenues was $1.0B below expectations and the company is going through a major post-pandemic reset in the GPU market… which could affect Nvidia&#39;s valuation much more severely going forward. As estimates correct to the downside, Nvidia&#39;s valuation is set to experience more pressure!</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>Nvidia: Guidance Is A Game-Changer</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\">\nNvidia: Guidance Is A Game-Changer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-28 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4537353-nvidia-nvda-guidance-game-changer><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryMassive slowdown in the Gaming business is affecting Nvidia’s revenue prospects.Revenue guidance for FQ3 was a real shocker as the outlook underperformed estimates by $1.0B.Nvidia’s FY 2023 ...</p>\n\n<a href=\"https://seekingalpha.com/article/4537353-nvidia-nvda-guidance-game-changer\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4537353-nvidia-nvda-guidance-game-changer","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161837457","content_text":"SummaryMassive slowdown in the Gaming business is affecting Nvidia’s revenue prospects.Revenue guidance for FQ3 was a real shocker as the outlook underperformed estimates by $1.0B.Nvidia’s FY 2023 revenue estimates are set for a major downward revision.Nvidia (NASDAQ:NVDA) finally released highly anticipated earnings for its second fiscal quarter of FY 2023. Part of the earnings report card was the outlook for Nvidia's third fiscal quarter, which was significantly worse than expected. Nvidia is seeing a massiveslowdown in its Gaming business due to weakening demand and pricing for graphics processing units which have supported the chip maker's results last year. Because of the size of the expected revenue drop-off in FQ3'23, Nvidia's shares are likely set to correct further to the downside!Nvidia's FQ2'23 earnings card was as expectedNvidia's second quarter results largely conformed with the release of preliminary results from the beginning of August. Nvidia guided for $6.7B in FQ2 revenues due to a 33% year-over-year top line decrease in the Gaming segment. Actual revenues for Nvidia's FQ2'23 were indeed $6.7B, showing 3% growth year-over-year, but also a 19% drop-off compared to FQ1. Unfortunately, Nvidia's gross margins collapsed in the second fiscal quarter to 45.9%, showing a decrease of 21.1 PP quarter-over-quarter. The drop in revenues and gross margins was overwhelmingly caused by the Gaming segment which reported, as expected, a 44% quarter-over-quarter drop in revenues due toweakening demand for GPUs and declining pricing strengthfor Nvidia's graphic cards. Weakening pricing for GPUsalso affected AMDin the last quarter, but Nvidia is more reliant on GPU sales than AMD and therefore more affected than its rival by the slowdown in the industry.Nvidia: Final FQ2'23 ResultsNvidia's Data Center revenues soared 61% year-over-year to $3.8B in FQ2 due to growing customer uptake of Nvidia's computing platforms that support data analysis and allow for the managing and scaling of artificial intelligence applications. Nvidia's Data Center business, because of the slowdown in the GPU segment, pulled ahead of Nvidia's Gaming segment regarding revenue generation in FQ2.While Nvidia's Gaming business saw the biggest slowdown, the firm's 'OEM and Other' business -- which includes the sale of dedicated cryptocurrency mining processors/CMPs -- also slumped. Nvidia's CMPs are used by cryptocurrency miners to validate transactions for proof of work cryptocurrencies like Ethereum (ETH-USD).Nvidia doesn't break out how much of its OEM revenues are related to CMP sales, but crashing cryptocurrency prices in 2022 have not been good for business, obviously. Nvidia generated just $140M of OEM and Other revenues in FQ2, showing a decline of 66% year-over-year, due chiefly to decelerating demand for dedicated cryptocurrency mining processors. For those reasons, I don't see Nvidia developing its CMP business into a multi-billion dollar revenue opportunity, aspredicted previously, in the near term.Nvidia: Segment Revenue TrendsNightmarish guidanceThe most important piece of new information in Nvidia's release was the outlook for FQ3. Nvidia expects revenues of $5.90B plus or minus $118M, which would mark another 12% quarter-over-quarter decrease in consolidated revenues, which comes on top of the 19% quarter-over-quarter drop in revenues in FQ2. On an annualized basis, FQ3 revenues are down 29% compared to the beginning of the year, which marks a massive slowdown in Nvidia's business. The revenue downgrade for FQ3 occurred as Nvidia expects the Gaming industry to adjust to lower GPU demand and work throughhigh inventory levels. Nvidia's revenue guidance of $5.9B for FQ3 compares to aconsensus FQ3 estimate of $6.9B, meaning actual guidance was a massive $1.0B below the most recent revenue prediction.I expected a sequential down-turn in revenues, led by Gaming, and projected FQ3 revenues to be between $6.0B to $6.2B, which reflected a sequential decline of up to 10%. Apparently, the situation in the Gaming industry is even more serious for Nvidia than expected, and it will affect how the market generates revenue estimates and values the stock going forward.My expectations for Nvidia going forwardI expect Nvidia to continue to expand its Data Center business as demand for cloud computing, AI applications and hyper-scale platforms is only going to grow. However, I expect growth in this segment to be overshadowed by continual declines and pricing weakness in the Gaming segment. Worldwide PC shipments are expected to decline 9.5% (according toGartner) in 2022, but I believe the drop could be even larger if a deeper US recession were to bite.Since there is no short-term solution to getting rid of high inventories in the PC industry, I expect pricing weakness in the GPU market to weigh on Nvidia's revenue potential. I also expect the pricing trend for both NVIDIA's GeForce RTX 30 and AMD's Radeon RX 6000 to remain negative, with larger discounts to the manufacturer's suggested retail price possible. Nvidia's RTX 30 GPU was available at a 9% discount to MSRP in July. Given the high inventory levels in the PC market paired with a drop-off in GPU demand, I expect Nvidia's flagship graphics card to trade at even higher discount to the MSRP going forward.Because of the headwinds in the Gaming business, I expect Nvidia to generate about $27B in full-year revenues in FY 2023 (down from $28B), which means the chip maker could see no year-over-year growth whatsoever this year.NVDA Revenue (Quarterly YoY Growth) data by YChartsEstimate and valuation riskNvidia's revenue estimates are now going to reset after the chip maker submitted a seriously bad guidance for its third fiscal quarter. As analysts incorporate Nvidia's FQ3'23 revenue guidance into their projections, Nvidia is likely going to see a massive, broad-based reduction for its FY 2023 revenue predictions. Since lofty revenue expectations have been used to justify Nvidia's generous valuation, a reset of expectations has the potential to drive a downward revaluation of Nvidia's shares.Nvidia's shares dropped 4.6% after regular trading yesterday and, I believe, the drop does not accurately reflect the seriousness of the sequential revenue downgrade. Nvidia currently has a P-S ratio of 12.2x, and if revenue estimates continue to fall, the valuation factor may even increase.NVDA Revenue Estimates for Current Fiscal Yeardata by YChartsOther risks/considerations with NvidiaI see two big risks for Nvidia at this point in time. The first one is that the slowdown in the GPU market may last for quite some time, meaning Nvidia may have to deal with slowing Gaming segment revenues for more than just one more quarter. This is because thePC market is in a declinewhich affects the shipment of Nvidia's GPUs. Secondly, revenue and earnings estimates, especially after the nightmarish guidance for FQ3'23, will reflect a reset of growth expectations which in itself could lead Nvidia's shares into a new down-leg.Final thoughtsShares of Nvidia dropped 4.6% after the market closed, but I believe the sharpness of the expected revenue decline in FQ3 is not accurately reflected in this drop. The guidance truly is a game-changer because Nvidia's period of hyper-growth is ending.Nvidia's outlook for FQ3'23 revenues was $1.0B below expectations and the company is going through a major post-pandemic reset in the GPU market… which could affect Nvidia's valuation much more severely going forward. As estimates correct to the downside, Nvidia's valuation is set to experience more pressure!","news_type":1},"isVote":1,"tweetType":1,"viewCount":20,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9906354980,"gmtCreate":1659489763242,"gmtModify":1705980904616,"author":{"id":"4098777036578080","authorId":"4098777036578080","name":"carlee","avatar":"https://static.tigerbbs.com/06afc91e99eec980d6cf7abd1a1067dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098777036578080","authorIdStr":"4098777036578080"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SRT.SI\">$CSOP S-REITs INDEX ETF(SRT.SI)$</a>&nbsp;.&nbsp;","listText":"<a href=\"https://ttm.financial/S/SRT.SI\">$CSOP S-REITs INDEX ETF(SRT.SI)$</a>&nbsp;.&nbsp;","text":"$CSOP S-REITs INDEX ETF(SRT.SI)$ .","images":[{"img":"https://community-static.tradeup.com/news/6116bae6219cd4e962e37825204c2266","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906354980","isVote":1,"tweetType":1,"viewCount":80,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}