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Jmnachos

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- JmnachosJmnachos
  ·2021-02-16
  Ok
  Australia's political opposition to support Facebook, Google legislation -sources
  CANBERRA, Feb 16 (Reuters) - Australia's political opposition will support proposed legislation that
  Australia's political opposition to support Facebook, Google legislation -sources
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- JmnachosJmnachos
  ·2021-02-16
  Ok
  Sell Apple And Buy Alphabet Lookback: Why Valuation Matters
  Summary Last August, I advocated selling Apple and buying Alphabet. The thesis was based upon the
  Sell Apple And Buy Alphabet Lookback: Why Valuation Matters
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- JmnachosJmnachos
  ·2021-02-16
  Wow
  UK competition regulator concerned over $9.2 bln eBay-Adevinta deal
  OSLO, Feb 16 (Reuters) - The British competition authority (CMA) has expressed concerns about the pl
  UK competition regulator concerned over $9.2 bln eBay-Adevinta deal
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- JmnachosJmnachos
  ·2021-02-16
  Ok
  The End Of The Pandemic Is A Stimulus In And Of Itself
  Summary This is a weekly series focused on analyzing the previous week’s economic data releases. Th
  The End Of The Pandemic Is A Stimulus In And Of Itself
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- JmnachosJmnachos
  ·2021-02-16
  So rich
  Singapore Adds to Spending Spree to Drive Recovery from Covid
  Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households a
  Singapore Adds to Spending Spree to Drive Recovery from Covid
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- JmnachosJmnachos
  ·2021-02-15
  Boring monday
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- JmnachosJmnachos
  ·2021-02-12
  Need help to reply to my comment thank you very much!
  Sorry, this post has been deleted
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- JmnachosJmnachos
  ·2021-02-12
  Can someone like my comment thank you so much
  Best Stocks To Buy For 2021? 4 Fintech Stocks To Watch
  If you’re caught up on the latestBitcoin news, you likely know thatfintech stocksare in the hot seat
  Best Stocks To Buy For 2021? 4 Fintech Stocks To Watch
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- JmnachosJmnachos
  ·2021-02-11
  Nice
  Sorry, this post has been deleted
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- JmnachosJmnachos
  ·2021-02-11
  Nice
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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1613449230,"share":"https://ttm.financial/m/news/2111391000?lang=&edition=fundamental","pubTime":"2021-02-16 12:20","market":"us","language":"en","title":"Australia's political opposition to support Facebook, Google legislation -sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2111391000","media":"Reuters","summary":"CANBERRA, Feb 16 (Reuters) - Australia's political opposition will support proposed legislation that","content":"<p>CANBERRA, Feb 16 (Reuters) - Australia's political opposition will support proposed legislation that would force Alphabet's Google and <a href=\"https://laohu8.com/S/FB\">Facebook</a> to pay publishers and broadcasters for content, two sources briefed on the matter said on Tuesday.</p>\n<p>The bill, whose prospects are being widely watched around the world, is dependent upon support from the opposition as Prime Minister Scott Morrison's ruling Liberal party does not have a majority in the country's upper house.</p>\n<p>Lawmakers from Australia's centre-left Labor party endorsed the bill at a meeting in Canberra on Tuesday, said the sources, who were not authorised to speak to media on the matter and declined to be identified.</p>\n<p>The bill is expected to be introduced into parliament this week.</p>\n<p>Google and Facebook have pressed Australia to soften the legislation, with senior executives from both companies holding talks with Morrison and Treasurer Josh Frydenberg.</p>\n<p>Google has asked for series of changes, most notably having its new platform, Showcase, covered by the legislation rather than search results generated.</p>\n<p>Last month, Reuters said it had signed a deal with Google to be the first global news provider to Google News Showcase. Reuters is owned by news and information provider Thomson Reuters Corp.</p>\n<p>Google and a French publishers' lobby group agreed in January to a copyright framework for the tech firm to pay news publishers for content online, a first for Europe.</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>Australia's political opposition to support Facebook, Google legislation -sources</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\">\nAustralia's political opposition to support Facebook, Google legislation -sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-02-16 12:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>CANBERRA, Feb 16 (Reuters) - Australia's political opposition will support proposed legislation that would force Alphabet's Google and <a href=\"https://laohu8.com/S/FB\">Facebook</a> to pay publishers and broadcasters for content, two sources briefed on the matter said on Tuesday.</p>\n<p>The bill, whose prospects are being widely watched around the world, is dependent upon support from the opposition as Prime Minister Scott Morrison's ruling Liberal party does not have a majority in the country's upper house.</p>\n<p>Lawmakers from Australia's centre-left Labor party endorsed the bill at a meeting in Canberra on Tuesday, said the sources, who were not authorised to speak to media on the matter and declined to be identified.</p>\n<p>The bill is expected to be introduced into parliament this week.</p>\n<p>Google and Facebook have pressed Australia to soften the legislation, with senior executives from both companies holding talks with Morrison and Treasurer Josh Frydenberg.</p>\n<p>Google has asked for series of changes, most notably having its new platform, Showcase, covered by the legislation rather than search results generated.</p>\n<p>Last month, Reuters said it had signed a deal with Google to be the first global news provider to Google News Showcase. Reuters is owned by news and information provider Thomson Reuters Corp.</p>\n<p>Google and a French publishers' lobby group agreed in January to a copyright framework for the tech firm to pay news publishers for content online, a first for Europe.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","GOOGL":"谷歌A"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2111391000","content_text":"CANBERRA, Feb 16 (Reuters) - Australia's political opposition will support proposed legislation that would force Alphabet's Google and Facebook to pay publishers and broadcasters for content, two sources briefed on the matter said on Tuesday.\nThe bill, whose prospects are being widely watched around the world, is dependent upon support from the opposition as Prime Minister Scott Morrison's ruling Liberal party does not have a majority in the country's upper house.\nLawmakers from Australia's centre-left Labor party endorsed the bill at a meeting in Canberra on Tuesday, said the sources, who were not authorised to speak to media on the matter and declined to be identified.\nThe bill is expected to be introduced into parliament this week.\nGoogle and Facebook have pressed Australia to soften the legislation, with senior executives from both companies holding talks with Morrison and Treasurer Josh Frydenberg.\nGoogle has asked for series of changes, most notably having its new platform, Showcase, covered by the legislation rather than search results generated.\nLast month, Reuters said it had signed a deal with Google to be the first global news provider to Google News Showcase. Reuters is owned by news and information provider Thomson Reuters Corp.\nGoogle and a French publishers' lobby group agreed in January to a copyright framework for the tech firm to pay news publishers for content online, a first for Europe.","news_type":1},"isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382534217,"gmtCreate":1613465792439,"gmtModify":1704880727967,"author":{"id":"3557275636539929","authorId":"3557275636539929","name":"Jmnachos","avatar":"https://static.tigerbbs.com/ab7e1d1ef52151cc8a5257ad8afccbee","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557275636539929","authorIdStr":"3557275636539929"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/382534217","repostId":"1136473777","repostType":4,"repost":{"id":"1136473777","pubTimestamp":1613454751,"share":"https://ttm.financial/m/news/1136473777?lang=&edition=fundamental","pubTime":"2021-02-16 13:52","market":"us","language":"en","title":"Sell Apple And Buy Alphabet Lookback: Why Valuation Matters","url":"https://stock-news.laohu8.com/highlight/detail?id=1136473777","media":"seekingalpha","summary":"Summary\n\nLast August, I advocated selling Apple and buying Alphabet.  The thesis was based upon the ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Last August, I advocated selling Apple and buying Alphabet.&nbsp; The thesis was based upon the underlying comparative valuation story.</li>\n <li>Six months later, since touching $500, AAPL investors gained 8.6 percent.&nbsp;Buying GOOGL at $1503 yielded a 39 percent return.</li>\n <li>It's a tale of two tremendous U.S. companies; within their respective industries, probably the best in show.</li>\n <li>But the best in show doesn't mean the stock is a buy at any price.</li>\n</ul>\n<p>About six months ago, Seeking Alpha editors published an article I wrote entitled, “Sell Apple and Buy Alphabet.” It generated considerable reader interest.</p>\n<p>This is a follow-up article.</p>\n<p><b>Background</b></p>\n<p>In mid-August 2020, I scaled out of Apple (AAPL) stock and used the proceeds to purchase Alphabet (GOOGL)(GOOG).</p>\n<p>I closed the Apple position at $500 a share, or the equivalent of $125 post 4-for-1 split.</p>\n<p><img src=\"https://static.tigerbbs.com/c18c992c1d907ff123ab690092462412\" tg-width=\"311\" tg-height=\"180\" referrerpolicy=\"no-referrer\"></p>\n<p>I believed $500 a share was just too rich for the stock. To be fair, I also sold some Apple shares in June, at lower prices. But the premise of the article was Apple Inc. at $500 a share was just too rich. The underlying fundamentals didn't support it. So I pulled the plug on a position first opened in 2010. The stock was held in a tax-deferred account.</p>\n<p>Meanwhile, I took the AAPL proceeds and doubled my position in Alphabet.</p>\n<p><img src=\"https://static.tigerbbs.com/80dea63522140afe3123212127a06309\" tg-width=\"295\" tg-height=\"153\" referrerpolicy=\"no-referrer\"></p>\n<p>I purchased shares between the middle of August and the first few days of October. The average bid price on the incremental position was $1503.</p>\n<p><b>Subsequent Price Action</b></p>\n<p>Now I will be the first to tell you six months doesn't prove a thesis definitively. As an investor (versus a trader or speculator), I generally hold a stock for at least 18 months. Through experience, I've found this to be the minimum amount of time I like to hold a stock in order to give an original investment thesis the \"chance to be right.” Exceptions are cases whereby the original investment thesis is busted. If that happens, I don't wait and hope for things to change. I get out. Alternatively, if a stock runs up much too far, too fast, I may also exit a position early.</p>\n<p>Nonetheless, the six-month return delta between AAPL and GOOGL is so stark it seems a reasonable call out.</p>\n<p>Since I sold the balance of my AAPL stock, the price improved from split-adjusted $124.99 to $135.40. That's an 8.3% increase in six months. Including two dividend payments, the total return would have been 8.6 percent. That's not bad.</p>\n<p>On the other hand, GOOGL shares moved from $1503 (my aggregate purchase price) to $2095.<b>That's a 39% gain.</b></p>\n<p>The upshot isn't to point out making a good six-month call. It's to evaluate the decision-making process behind the call, then plot a path forward.</p>\n<p><b>Apple Shares Were Dear And Remain Dear</b></p>\n<p>In August 2020, my contention was AAPL prices got way ahead of the fundamentals.</p>\n<p>At the time, fiscal year 3Q 2020 (period ending June 30) corporate cash flow was up sharply. Apple Services revenue and margins were advancing nicely, but Apple Products margins were sagging. The Street forecast $15.02 ($3.76 split-adjusted) EPS for 2020 fiscal year, and $18.09 ($4.52 split-adjusted) operating cash flow per share.</p>\n<p>Shares were trading at over 35x earnings, and 26x cash flow.</p>\n<p>Now, with the benefit of two additional quarters behind us, we find the full-year EPS came in at $3.26 and cash flow at $4.60 per share: earnings results were light, and cash flow recorded a modest beat.</p>\n<p>Adding in an additional set of quarterly results (for the period ending 12/31/20), shares now trade at 37x trailing earnings, and 27x cash flow.</p>\n<p>The long-term P/E and P/OCF multiples have been ~16x and 12x, respectively.</p>\n<p>Therefore, while registering an 8.6% total return since mid-August, AAPL shares now appear even MORE overvalued than before.</p>\n<p>Two F.A.S.T. Graphs illustrate the foregoing:</p>\n<p><img src=\"https://static.tigerbbs.com/13c306c732836423e10bfbb5506e6fa9\" tg-width=\"640\" tg-height=\"421\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/56f9f7cb3aded328606c6f289f6cddc9\" tg-width=\"640\" tg-height=\"407\" referrerpolicy=\"no-referrer\"></p>\n<p>For a good growth stock, it's customary to look at forward EPS. Based upon current Street estimates, Apple Inc. is trading at 30x this years' EPS, and 25x cash flow. These multiples are still far above the long-term average.</p>\n<p>Note I selected charts whereby the actual long-term growth rates approximate the current expected two-year forward growth rates.</p>\n<p><b>Alphabet Stock Is No Longer A Bargain</b></p>\n<p>Meanwhile, back in August 2020, analysts were setting up Alphabet investors for an off year. The COVID-related economic slowdown certainly affected the business: primarily Google advertising revenue.</p>\n<p>Alphabet met or exceeded 2Q and first-half 2020 numbers; however, revenue, margins, and operating income were contracting.</p>\n<p>Back in August, analysts called for full-year (ending December 31) EPS and cash flow per share to be $44.61 and $78.02, respectively. The Street expected declining year-over-year figures.</p>\n<p>GOOGL shares were trading at 33x EPS, and under 20x operating cash flow. The long-term trimmed averages were 28x and 22x. The earnings multiple indicated approximate Fair Value, while the shares were inexpensive on cash flow.</p>\n<p>So what happened?</p>\n<p>Indeed, Alphabet's numbers rebounded faster than expected. The Street underestimated the snap-back.</p>\n<p>But the real story was valuation.</p>\n<p>GOOGL posted full-year EPS and cash flow per share figures of $58.61 and $88.82, thereby stomping Street consensus.</p>\n<p>Currently, Alphabet shares now trade at 36x trailing earnings and 24x cash flow.</p>\n<p>Long-term P/E and P/OCF multiples are 26x and 19x, respectively.</p>\n<p>Another pair of F.A.S.T. Graphs paint the picture:</p>\n<p><img src=\"https://static.tigerbbs.com/6960a587ee820131fd170fb115522b71\" tg-width=\"640\" tg-height=\"420\" referrerpolicy=\"no-referrer\"></p>\n<p><img src=\"https://static.tigerbbs.com/c3dd7944fc66f878f6a50d4e2f6260ed\" tg-width=\"640\" tg-height=\"405\" referrerpolicy=\"no-referrer\"></p>\n<p>On a forward basis, GOOGL is trading at 30x EPS and 18x operating cash flow.</p>\n<p>Indeed, after the big run-up, Alphabet stock has gone from fairly valued / inexpensive to fairly valued / moderately overvalued.</p>\n<p><b>Summing It Up</b></p>\n<p>Here's a recap summary table comparing Apple and Alphabet valuation metrics today versus August 2020:</p>\n<p><b>Apple versus Alphabet Valuation Summary</b></p>\n<table>\n <tbody>\n  <tr>\n   <td><p><i><b>Apple (Feb '21)</b></i></p></td>\n   <td><p><i><b>Apple (August '20)</b></i></p></td>\n   <td><p><i><b>Alphabet (Feb '21)</b></i></p></td>\n   <td><p><i><b>Alphabet (August '20)</b></i></p></td>\n  </tr>\n  <tr>\n   <td><p>Blended P/E</p></td>\n   <td><p>36.5x</p></td>\n   <td><p>35.6x</p></td>\n   <td><p>35.0x</p></td>\n   <td><p>32.8x</p></td>\n  </tr>\n  <tr>\n   <td><p>Historical P/E*</p></td>\n   <td><p>16x</p></td>\n   <td><p>15x</p></td>\n   <td><p>26x</p></td>\n   <td><p>28x</p></td>\n  </tr>\n  <tr>\n   <td><p>Blended P/OCF</p></td>\n   <td><p>28x</p></td>\n   <td><p>25.9x</p></td>\n   <td><p>22.8x</p></td>\n   <td><p>19.6x</p></td>\n  </tr>\n  <tr>\n   <td><p>Historical P/OCF*</p></td>\n   <td><p>12x</p></td>\n   <td><p>11x</p></td>\n   <td><p>19x</p></td>\n   <td><p>22x</p></td>\n  </tr>\n  <tr>\n   <td><p>Projected EPS growth FY 2021</p></td>\n   <td><p>35%</p></td>\n   <td><p>19%</p></td>\n   <td><p>19%</p></td>\n   <td><p>27%</p></td>\n  </tr>\n  <tr>\n   <td><p>Projected EPS growth FY 2022</p></td>\n   <td><p>5%</p></td>\n   <td><p>7%</p></td>\n   <td><p>15%</p></td>\n   <td><p>21%</p></td>\n  </tr>\n  <tr>\n   <td><p>Projected OCF growth FY 2021</p></td>\n   <td><p>19%</p></td>\n   <td><p>8%</p></td>\n   <td><p>27%</p></td>\n   <td><p>21%</p></td>\n  </tr>\n  <tr>\n   <td><p>Projected OCF FY 2022</p></td>\n   <td><p>2%</p></td>\n   <td><p>1%</p></td>\n   <td><p>17%</p></td>\n   <td><p>20%</p></td>\n  </tr>\n </tbody>\n</table>\n<p>AAPL stock was heavily overvalued in August 2020. Based upon trailing twelve-month multiples, the shares remain overvalued today. Looking ahead, the most recent 2021 earnings and cash flow growth forecasts have risen significantly, while 2022 estimates remained about the same. On a forward basis, AAPL stock trades at 30x EPS and 25x cash flow. That's still far above historical averages.</p>\n<p>GOOGL stock was undervalued on cash flow in August 2020. It's a mixed bag now; Alphabet isn't in the bargain bin. Based upon TTM multiples, shares are trading above Fair Value today. Looking ahead, 2021 and 2022 EPS estimates have fallen since August. The 2021 cash flow forecast is higher, and the 2022 forecast is a bit lower. To be fair, I believe current EPS forecasts have decreased due to the company crushing estimates over the past two quarters. Based upon 2021 estimates, GOOGL stock is trading at 30x earnings and 18x operating cash flow. That's a little high on EPS, and about on par for OCF.</p>\n<p><b>What's actionable now?</b></p>\n<p>Investors make forward decisions upon where a company's earnings and cash flow are going; not where they've been. We've already looked at forward P/E and P/CF. Now, let's look at PEG ratios. When evaluating a growth stock, the PEG ratio is often one of the most helpful signals. It's determined by taking the current P/E and dividing it by the forward growth rate. When determining the forward growth rate, I like to look out two years. While some PEG ratios look up to five years out, I believe this is too speculative. The Street has a hard enough time forecasting EPS just two years out. Five years out? It's just a guesstimate.</p>\n<p>A PEG under 1.0x indicates good value. If the PEG is between 1.0x and 2.0x, it suggests fair value. When the PEG is greater than 2.0x, a stock may be considered overvalued.</p>\n<p>Currently, the Street marks Apple's two-year EPS growth forecast at 19 percent per annum. Therefore, the PEG2 ratio is 1.9x. That's no bargain.</p>\n<p>Over the next two years, Alphabet is projected to grow earnings by 17 percent a year. The PEG2 ratio is 2.0x. That's not a bargain, either.</p>\n<p>Based upon my knowledge of the business, I place more emphasis upon Alphabet's ability to generate operating cash than net income; however, that's still not enough to get me overly excited about buying GOOGL stock at $2095 a share.</p>\n<p><b>The Bottom Line</b></p>\n<p>With the benefit of hindsight, moving money out of Apple and into Alphabet stock turned out well. Over the past six months, Apple stock advanced 8.6% while Alphabet broke out with a 39% gain. Back in August 2020, the decision to sell one and buy the other was based upon valuation and probabilities. These two companies are two of the best-run businesses on the planet. AAPL and GOOGL are great stocks to own: but not at any price. Valuation matters.</p>\n<p>Apple Inc.'s shares are still too rich for me. I'm not excited unless AAPL drops to less than $84. Today, it's not in the right zip code.</p>\n<p>Alphabet was a solid buyback in late summer 2020. Analysts were fretting about COVID-19 ad contraction; even if correct, the phenomenon was likely to be transient versus terminal. The stock appeared to offer far better value than Apple. Nonetheless, after a big runup, GOOGL isn't a bargain pick. After a six-month 39% run, it's time to take a little off the table, wait for lower prices, then seek to repurchase the shares. I lopped an eighth of my position off at $2090, and plan to sell another eighth if the stock breaks $2100. GOOGL starts looking attractive again ~$1700 a share.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sell Apple And Buy Alphabet Lookback: Why Valuation Matters</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\">\nSell Apple And Buy Alphabet Lookback: Why Valuation Matters\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 13:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4406209-sell-apple-and-buy-alphabet-lookback-why-valuation-matters><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nLast August, I advocated selling Apple and buying Alphabet.  The thesis was based upon the underlying comparative valuation story.\nSix months later, since touching $500, AAPL investors gained...</p>\n\n<a href=\"https://seekingalpha.com/article/4406209-sell-apple-and-buy-alphabet-lookback-why-valuation-matters\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOGL":"谷歌A"},"source_url":"https://seekingalpha.com/article/4406209-sell-apple-and-buy-alphabet-lookback-why-valuation-matters","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1136473777","content_text":"Summary\n\nLast August, I advocated selling Apple and buying Alphabet.  The thesis was based upon the underlying comparative valuation story.\nSix months later, since touching $500, AAPL investors gained 8.6 percent. Buying GOOGL at $1503 yielded a 39 percent return.\nIt's a tale of two tremendous U.S. companies; within their respective industries, probably the best in show.\nBut the best in show doesn't mean the stock is a buy at any price.\n\nAbout six months ago, Seeking Alpha editors published an article I wrote entitled, “Sell Apple and Buy Alphabet.” It generated considerable reader interest.\nThis is a follow-up article.\nBackground\nIn mid-August 2020, I scaled out of Apple (AAPL) stock and used the proceeds to purchase Alphabet (GOOGL)(GOOG).\nI closed the Apple position at $500 a share, or the equivalent of $125 post 4-for-1 split.\n\nI believed $500 a share was just too rich for the stock. To be fair, I also sold some Apple shares in June, at lower prices. But the premise of the article was Apple Inc. at $500 a share was just too rich. The underlying fundamentals didn't support it. So I pulled the plug on a position first opened in 2010. The stock was held in a tax-deferred account.\nMeanwhile, I took the AAPL proceeds and doubled my position in Alphabet.\n\nI purchased shares between the middle of August and the first few days of October. The average bid price on the incremental position was $1503.\nSubsequent Price Action\nNow I will be the first to tell you six months doesn't prove a thesis definitively. As an investor (versus a trader or speculator), I generally hold a stock for at least 18 months. Through experience, I've found this to be the minimum amount of time I like to hold a stock in order to give an original investment thesis the \"chance to be right.” Exceptions are cases whereby the original investment thesis is busted. If that happens, I don't wait and hope for things to change. I get out. Alternatively, if a stock runs up much too far, too fast, I may also exit a position early.\nNonetheless, the six-month return delta between AAPL and GOOGL is so stark it seems a reasonable call out.\nSince I sold the balance of my AAPL stock, the price improved from split-adjusted $124.99 to $135.40. That's an 8.3% increase in six months. Including two dividend payments, the total return would have been 8.6 percent. That's not bad.\nOn the other hand, GOOGL shares moved from $1503 (my aggregate purchase price) to $2095.That's a 39% gain.\nThe upshot isn't to point out making a good six-month call. It's to evaluate the decision-making process behind the call, then plot a path forward.\nApple Shares Were Dear And Remain Dear\nIn August 2020, my contention was AAPL prices got way ahead of the fundamentals.\nAt the time, fiscal year 3Q 2020 (period ending June 30) corporate cash flow was up sharply. Apple Services revenue and margins were advancing nicely, but Apple Products margins were sagging. The Street forecast $15.02 ($3.76 split-adjusted) EPS for 2020 fiscal year, and $18.09 ($4.52 split-adjusted) operating cash flow per share.\nShares were trading at over 35x earnings, and 26x cash flow.\nNow, with the benefit of two additional quarters behind us, we find the full-year EPS came in at $3.26 and cash flow at $4.60 per share: earnings results were light, and cash flow recorded a modest beat.\nAdding in an additional set of quarterly results (for the period ending 12/31/20), shares now trade at 37x trailing earnings, and 27x cash flow.\nThe long-term P/E and P/OCF multiples have been ~16x and 12x, respectively.\nTherefore, while registering an 8.6% total return since mid-August, AAPL shares now appear even MORE overvalued than before.\nTwo F.A.S.T. Graphs illustrate the foregoing:\n\nFor a good growth stock, it's customary to look at forward EPS. Based upon current Street estimates, Apple Inc. is trading at 30x this years' EPS, and 25x cash flow. These multiples are still far above the long-term average.\nNote I selected charts whereby the actual long-term growth rates approximate the current expected two-year forward growth rates.\nAlphabet Stock Is No Longer A Bargain\nMeanwhile, back in August 2020, analysts were setting up Alphabet investors for an off year. The COVID-related economic slowdown certainly affected the business: primarily Google advertising revenue.\nAlphabet met or exceeded 2Q and first-half 2020 numbers; however, revenue, margins, and operating income were contracting.\nBack in August, analysts called for full-year (ending December 31) EPS and cash flow per share to be $44.61 and $78.02, respectively. The Street expected declining year-over-year figures.\nGOOGL shares were trading at 33x EPS, and under 20x operating cash flow. The long-term trimmed averages were 28x and 22x. The earnings multiple indicated approximate Fair Value, while the shares were inexpensive on cash flow.\nSo what happened?\nIndeed, Alphabet's numbers rebounded faster than expected. The Street underestimated the snap-back.\nBut the real story was valuation.\nGOOGL posted full-year EPS and cash flow per share figures of $58.61 and $88.82, thereby stomping Street consensus.\nCurrently, Alphabet shares now trade at 36x trailing earnings and 24x cash flow.\nLong-term P/E and P/OCF multiples are 26x and 19x, respectively.\nAnother pair of F.A.S.T. Graphs paint the picture:\n\n\nOn a forward basis, GOOGL is trading at 30x EPS and 18x operating cash flow.\nIndeed, after the big run-up, Alphabet stock has gone from fairly valued / inexpensive to fairly valued / moderately overvalued.\nSumming It Up\nHere's a recap summary table comparing Apple and Alphabet valuation metrics today versus August 2020:\nApple versus Alphabet Valuation Summary\n\n\n\nApple (Feb '21)\nApple (August '20)\nAlphabet (Feb '21)\nAlphabet (August '20)\n\n\nBlended P/E\n36.5x\n35.6x\n35.0x\n32.8x\n\n\nHistorical P/E*\n16x\n15x\n26x\n28x\n\n\nBlended P/OCF\n28x\n25.9x\n22.8x\n19.6x\n\n\nHistorical P/OCF*\n12x\n11x\n19x\n22x\n\n\nProjected EPS growth FY 2021\n35%\n19%\n19%\n27%\n\n\nProjected EPS growth FY 2022\n5%\n7%\n15%\n21%\n\n\nProjected OCF growth FY 2021\n19%\n8%\n27%\n21%\n\n\nProjected OCF FY 2022\n2%\n1%\n17%\n20%\n\n\n\nAAPL stock was heavily overvalued in August 2020. Based upon trailing twelve-month multiples, the shares remain overvalued today. Looking ahead, the most recent 2021 earnings and cash flow growth forecasts have risen significantly, while 2022 estimates remained about the same. On a forward basis, AAPL stock trades at 30x EPS and 25x cash flow. That's still far above historical averages.\nGOOGL stock was undervalued on cash flow in August 2020. It's a mixed bag now; Alphabet isn't in the bargain bin. Based upon TTM multiples, shares are trading above Fair Value today. Looking ahead, 2021 and 2022 EPS estimates have fallen since August. The 2021 cash flow forecast is higher, and the 2022 forecast is a bit lower. To be fair, I believe current EPS forecasts have decreased due to the company crushing estimates over the past two quarters. Based upon 2021 estimates, GOOGL stock is trading at 30x earnings and 18x operating cash flow. That's a little high on EPS, and about on par for OCF.\nWhat's actionable now?\nInvestors make forward decisions upon where a company's earnings and cash flow are going; not where they've been. We've already looked at forward P/E and P/CF. Now, let's look at PEG ratios. When evaluating a growth stock, the PEG ratio is often one of the most helpful signals. It's determined by taking the current P/E and dividing it by the forward growth rate. When determining the forward growth rate, I like to look out two years. While some PEG ratios look up to five years out, I believe this is too speculative. The Street has a hard enough time forecasting EPS just two years out. Five years out? It's just a guesstimate.\nA PEG under 1.0x indicates good value. If the PEG is between 1.0x and 2.0x, it suggests fair value. When the PEG is greater than 2.0x, a stock may be considered overvalued.\nCurrently, the Street marks Apple's two-year EPS growth forecast at 19 percent per annum. Therefore, the PEG2 ratio is 1.9x. That's no bargain.\nOver the next two years, Alphabet is projected to grow earnings by 17 percent a year. The PEG2 ratio is 2.0x. That's not a bargain, either.\nBased upon my knowledge of the business, I place more emphasis upon Alphabet's ability to generate operating cash than net income; however, that's still not enough to get me overly excited about buying GOOGL stock at $2095 a share.\nThe Bottom Line\nWith the benefit of hindsight, moving money out of Apple and into Alphabet stock turned out well. Over the past six months, Apple stock advanced 8.6% while Alphabet broke out with a 39% gain. Back in August 2020, the decision to sell one and buy the other was based upon valuation and probabilities. These two companies are two of the best-run businesses on the planet. AAPL and GOOGL are great stocks to own: but not at any price. Valuation matters.\nApple Inc.'s shares are still too rich for me. I'm not excited unless AAPL drops to less than $84. Today, it's not in the right zip code.\nAlphabet was a solid buyback in late summer 2020. Analysts were fretting about COVID-19 ad contraction; even if correct, the phenomenon was likely to be transient versus terminal. The stock appeared to offer far better value than Apple. Nonetheless, after a big runup, GOOGL isn't a bargain pick. After a six-month 39% run, it's time to take a little off the table, wait for lower prices, then seek to repurchase the shares. I lopped an eighth of my position off at $2090, and plan to sell another eighth if the stock breaks $2100. GOOGL starts looking attractive again ~$1700 a share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":157,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382534832,"gmtCreate":1613465763926,"gmtModify":1704880725709,"author":{"id":"3557275636539929","authorId":"3557275636539929","name":"Jmnachos","avatar":"https://static.tigerbbs.com/ab7e1d1ef52151cc8a5257ad8afccbee","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557275636539929","authorIdStr":"3557275636539929"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/382534832","repostId":"2111888600","repostType":4,"repost":{"id":"2111888600","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1613460926,"share":"https://ttm.financial/m/news/2111888600?lang=&edition=fundamental","pubTime":"2021-02-16 15:35","market":"us","language":"en","title":"UK competition regulator concerned over $9.2 bln eBay-Adevinta deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2111888600","media":"Reuters","summary":"OSLO, Feb 16 (Reuters) - The British competition authority (CMA) has expressed concerns about the pl","content":"<p>OSLO, Feb 16 (Reuters) - The British competition authority (CMA) has expressed concerns about the planned acquisition by Norway’s Adevinta of eBay’s classified ads business, Adevinta said on Tuesday.</p><p>The deal, worth $9.2 billion and announced in July, would create the world’s largest classifieds group if it went ahead.</p><p>The firms will together propose legally binding solutions to resolve the regulator’s concerns before the deadline of Feb. 23, Adevinta said.</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>UK competition regulator concerned over $9.2 bln eBay-Adevinta deal</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\">\nUK competition regulator concerned over $9.2 bln eBay-Adevinta deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-02-16 15:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>OSLO, Feb 16 (Reuters) - The British competition authority (CMA) has expressed concerns about the planned acquisition by Norway’s Adevinta of eBay’s classified ads business, Adevinta said on Tuesday.</p><p>The deal, worth $9.2 billion and announced in July, would create the world’s largest classifieds group if it went ahead.</p><p>The firms will together propose legally binding solutions to resolve the regulator’s concerns before the deadline of Feb. 23, Adevinta said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EBAY":"eBay"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2111888600","content_text":"OSLO, Feb 16 (Reuters) - The British competition authority (CMA) has expressed concerns about the planned acquisition by Norway’s Adevinta of eBay’s classified ads business, Adevinta said on Tuesday.The deal, worth $9.2 billion and announced in July, would create the world’s largest classifieds group if it went ahead.The firms will together propose legally binding solutions to resolve the regulator’s concerns before the deadline of Feb. 23, Adevinta said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382534900,"gmtCreate":1613465745500,"gmtModify":1704880725548,"author":{"id":"3557275636539929","authorId":"3557275636539929","name":"Jmnachos","avatar":"https://static.tigerbbs.com/ab7e1d1ef52151cc8a5257ad8afccbee","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557275636539929","authorIdStr":"3557275636539929"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/382534900","repostId":"1102819615","repostType":4,"repost":{"id":"1102819615","pubTimestamp":1613461655,"share":"https://ttm.financial/m/news/1102819615?lang=&edition=fundamental","pubTime":"2021-02-16 15:47","market":"us","language":"en","title":"The End Of The Pandemic Is A Stimulus In And Of Itself","url":"https://stock-news.laohu8.com/highlight/detail?id=1102819615","media":"seekingalpha","summary":"Summary\n\nThis is a weekly series focused on analyzing the previous week’s economic data releases.\nTh","content":"<p><b>Summary</b></p>\n<ul>\n <li>This is a weekly series focused on analyzing the previous week’s economic data releases.</li>\n <li>The objective is to concentrate on leading indicators of economic activity to determine whether the economy is strengthening or weakening, and the rate of inflation is increasing or decreasing.</li>\n <li>This week I will examine the Consumer Price Index, consumer sentiment, the NFIB Optimism Index, and weekly jobless claims.</li>\n <li>I do much more than just articles at The Portfolio Architect: Members get access to model portfolios, regular updates, a chat room, and more.</li>\n</ul>\n<p>The end of the pandemic is a stimulus in and of itself, which is largely being dismissed by the Federal Reserve and the Biden administration. While we need to continue providing economic aid to those small businesses that are struggling due to economic restrictions and the unemployed who are out of work as a result, another economic aid package twice the size of the last one arriving in March or April may be more than is needed. The ramifications of too much stimulus could be a rise in inflation and interest rates that undermines the ongoing bull market in stocks. That has been my greatest concern this year.</p>\n<p><b>Consumer Price Index</b></p>\n<p>The Consumer Price Index&nbsp;rose&nbsp;0.3% in January and 1.4% over the past year. Higher gasoline prices (+7.4%) and food costs (+3.8%) are what is driving the annual increase. The core rate, which excludes food and energy, was also up 1.4% over the past year, which is a deceleration from the 1.6% rate the month before. The CPI is still well below pre-pandemic levels of 2.5% a year ago, but the economy has yet to fully reopen. At the same time, pent-up demand for services is growing, as consumers build savings at a rapid rate. The new found stock market wealth is another form of fuel for more spending. I expect the CPI to surpass the pre-pandemic level of 2.5% before year end.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3cd13ef047e68a1e7fd06bcfd91eee58\" tg-width=\"614\" tg-height=\"392\"><span>Source: BLS.gov</span></p>\n<p>January’s inflation data provides us with the real (inflation adjusted) average hourly earnings growth number, which&nbsp;declined&nbsp;0.2% for the month, but has risen 3.8% over the past year. The length of the workweek has increased 2.4%, resulting in real average weekly earnings surging 6.3% over the past year. It is important to note that millions of low-wage jobs in the service sector have been excluded from these numbers, which inflates the averages, but millions of those who are not working are receiving more than they would on the job through enhanced unemployment benefits. That is why total income is above pre-pandemic levels, despite approximately 10 million more workers being unemployed.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9f3052e43be8708c209b1fedb661b1d2\" tg-width=\"729\" tg-height=\"468\"><span>Source: BLS</span></p>\n<p><b>Consumer Sentiment</b></p>\n<p>The University of Michigan Consumer Sentiment survey for January surprisingly&nbsp;slipped&nbsp;from 79.0 to 76.2 in January. This was predominately due to households with income below $75,000 feeling less optimistic about their financial futures, which is surprising given the likelihood that more fiscal stimulus is on its way in the coming months. Considering there are 10 million jobs that have yet to be recovered and most are lower-wage positions in the service industry, this downturn in sentiment from lower-income households is understandable. I do expect to see better sentiment numbers from this demographic as more Americans are vaccinated, the pandemic wanes, and the economy continues to reopen.</p>\n<p><img src=\"https://static.tigerbbs.com/e6825033e2fe5db8ad6c868d73771006\" tg-width=\"519\" tg-height=\"327\"></p>\n<p><b>Small Business Optimism Index</b></p>\n<p>Small business optimism has yet to recover from the plunge it took at the end of last year that resulted in lowest level for the NFIB index since last May. The index fell from 95.9 in December to 95.0 in January, despite the rapid decline in new cases and hospitalizations since the beginning of the year, which has yet to translate into a broader reopening of the economy. That is what it will take to lift confidence. I suspect as vaccinations continue to increase and the weather warms, business confidence will improve dramatically.</p>\n<p><img src=\"https://static.tigerbbs.com/4bf84e9fd911e159680e43e8eb0516c1\" tg-width=\"600\" tg-height=\"412\"></p>\n<p><b>Initial Unemployment Claims</b></p>\n<p>The total number of weekly initial unemployment claims remains stubbornly above one million. While&nbsp;793,000&nbsp;filed under state programs, which was down 19,000 from the week before, another 334,524 filed through federal pandemic programs, bringing the total to more than 1.1 million.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/96fe69f9da613441bce6cfa91f86623a\" tg-width=\"620\" tg-height=\"414\"><span>Source: MarketWatch</span></p>\n<p>Continuing claims at the state level fell by 145,000 to a seasonally adjusted 4.5 million, but millions who have seen those benefits run out are switching to the pandemic-relief programs, which is why total continuing claims swelled to more than 20 million again for the week ending January 23.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1bcac12c58eab1be3c9692751430d9a3\" tg-width=\"708\" tg-height=\"611\"><span>Source: Department of Labor</span></p>\n<p><b>Conclusion</b></p>\n<p>As the pace of vaccinations has increased to approximately 1.6 million per day, the number of new cases of coronavirus across the country has plunged to less than 100,000 per day with hospitalizations and deaths declining as well. The light at the end of the coronavirus tunnel is visible. Advocates of the Biden administration’s $1.9 trillion stimulus proposal are pointing to today’s unemployment claims figures and the tepid rate of inflation in the most recent CPI report as reasons we need nearly $2 trillion in additional economic aid, but claims are likely to plunge this spring when the economy more fully reopens. At the same time, pent-up consumer demand for services in combination with a soaring savings rate and surging stock market is likely to lead to a pre-pandemic inflation rate of 2.5% or more.</p>\n<p><img src=\"https://static.tigerbbs.com/51efb540152b737dc2ac9b97fd9ba9e5\" tg-width=\"752\" tg-height=\"455\"></p>\n<p>Inflation is a lagging indicator, which peaks well after the rate of economic growth peaks during an expansion. Therefore, using the rate of inflation today as a measure of how strong the economic recovery will be tomorrow is like driving a car while staring in the rear-view mirror. If that car is the economy, you will crash it if you drive too fast. This is what I see happening as the Biden administration puts the pedal to the medal with a package that includes $593.5 billion in total benefits for American households, most of which is comprised of $1,400 checks and tax credits. Expectations for growth, spending and private investment are ratcheting up as a result. Inflation will follow, and long-term interest rates will rise in anticipation of that inflation. How high rates have to rise before they prick the bubble in financial assets is impossible to know, but I think preparing for that inevitable event is a prudent strategy right now.</p>\n<p><img src=\"https://static.tigerbbs.com/8d09de169b51ef9c042b5a61ccc299d6\" tg-width=\"635\" tg-height=\"369\"></p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The End Of The Pandemic Is A Stimulus In And Of Itself</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 End Of The Pandemic Is A Stimulus In And Of Itself\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 15:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4406208-economic-data-releases-end-of-pandemic-is-stimulus-in-and-of-itself><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThis is a weekly series focused on analyzing the previous week’s economic data releases.\nThe objective is to concentrate on leading indicators of economic activity to determine whether the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4406208-economic-data-releases-end-of-pandemic-is-stimulus-in-and-of-itself\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://seekingalpha.com/article/4406208-economic-data-releases-end-of-pandemic-is-stimulus-in-and-of-itself","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1102819615","content_text":"Summary\n\nThis is a weekly series focused on analyzing the previous week’s economic data releases.\nThe objective is to concentrate on leading indicators of economic activity to determine whether the economy is strengthening or weakening, and the rate of inflation is increasing or decreasing.\nThis week I will examine the Consumer Price Index, consumer sentiment, the NFIB Optimism Index, and weekly jobless claims.\nI do much more than just articles at The Portfolio Architect: Members get access to model portfolios, regular updates, a chat room, and more.\n\nThe end of the pandemic is a stimulus in and of itself, which is largely being dismissed by the Federal Reserve and the Biden administration. While we need to continue providing economic aid to those small businesses that are struggling due to economic restrictions and the unemployed who are out of work as a result, another economic aid package twice the size of the last one arriving in March or April may be more than is needed. The ramifications of too much stimulus could be a rise in inflation and interest rates that undermines the ongoing bull market in stocks. That has been my greatest concern this year.\nConsumer Price Index\nThe Consumer Price Index rose 0.3% in January and 1.4% over the past year. Higher gasoline prices (+7.4%) and food costs (+3.8%) are what is driving the annual increase. The core rate, which excludes food and energy, was also up 1.4% over the past year, which is a deceleration from the 1.6% rate the month before. The CPI is still well below pre-pandemic levels of 2.5% a year ago, but the economy has yet to fully reopen. At the same time, pent-up demand for services is growing, as consumers build savings at a rapid rate. The new found stock market wealth is another form of fuel for more spending. I expect the CPI to surpass the pre-pandemic level of 2.5% before year end.\nSource: BLS.gov\nJanuary’s inflation data provides us with the real (inflation adjusted) average hourly earnings growth number, which declined 0.2% for the month, but has risen 3.8% over the past year. The length of the workweek has increased 2.4%, resulting in real average weekly earnings surging 6.3% over the past year. It is important to note that millions of low-wage jobs in the service sector have been excluded from these numbers, which inflates the averages, but millions of those who are not working are receiving more than they would on the job through enhanced unemployment benefits. That is why total income is above pre-pandemic levels, despite approximately 10 million more workers being unemployed.\nSource: BLS\nConsumer Sentiment\nThe University of Michigan Consumer Sentiment survey for January surprisingly slipped from 79.0 to 76.2 in January. This was predominately due to households with income below $75,000 feeling less optimistic about their financial futures, which is surprising given the likelihood that more fiscal stimulus is on its way in the coming months. Considering there are 10 million jobs that have yet to be recovered and most are lower-wage positions in the service industry, this downturn in sentiment from lower-income households is understandable. I do expect to see better sentiment numbers from this demographic as more Americans are vaccinated, the pandemic wanes, and the economy continues to reopen.\n\nSmall Business Optimism Index\nSmall business optimism has yet to recover from the plunge it took at the end of last year that resulted in lowest level for the NFIB index since last May. The index fell from 95.9 in December to 95.0 in January, despite the rapid decline in new cases and hospitalizations since the beginning of the year, which has yet to translate into a broader reopening of the economy. That is what it will take to lift confidence. I suspect as vaccinations continue to increase and the weather warms, business confidence will improve dramatically.\n\nInitial Unemployment Claims\nThe total number of weekly initial unemployment claims remains stubbornly above one million. While 793,000 filed under state programs, which was down 19,000 from the week before, another 334,524 filed through federal pandemic programs, bringing the total to more than 1.1 million.\nSource: MarketWatch\nContinuing claims at the state level fell by 145,000 to a seasonally adjusted 4.5 million, but millions who have seen those benefits run out are switching to the pandemic-relief programs, which is why total continuing claims swelled to more than 20 million again for the week ending January 23.\nSource: Department of Labor\nConclusion\nAs the pace of vaccinations has increased to approximately 1.6 million per day, the number of new cases of coronavirus across the country has plunged to less than 100,000 per day with hospitalizations and deaths declining as well. The light at the end of the coronavirus tunnel is visible. Advocates of the Biden administration’s $1.9 trillion stimulus proposal are pointing to today’s unemployment claims figures and the tepid rate of inflation in the most recent CPI report as reasons we need nearly $2 trillion in additional economic aid, but claims are likely to plunge this spring when the economy more fully reopens. At the same time, pent-up consumer demand for services in combination with a soaring savings rate and surging stock market is likely to lead to a pre-pandemic inflation rate of 2.5% or more.\n\nInflation is a lagging indicator, which peaks well after the rate of economic growth peaks during an expansion. Therefore, using the rate of inflation today as a measure of how strong the economic recovery will be tomorrow is like driving a car while staring in the rear-view mirror. If that car is the economy, you will crash it if you drive too fast. This is what I see happening as the Biden administration puts the pedal to the medal with a package that includes $593.5 billion in total benefits for American households, most of which is comprised of $1,400 checks and tax credits. Expectations for growth, spending and private investment are ratcheting up as a result. Inflation will follow, and long-term interest rates will rise in anticipation of that inflation. How high rates have to rise before they prick the bubble in financial assets is impossible to know, but I think preparing for that inevitable event is a prudent strategy right now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":59,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382535733,"gmtCreate":1613465714922,"gmtModify":1704880725387,"author":{"id":"3557275636539929","authorId":"3557275636539929","name":"Jmnachos","avatar":"https://static.tigerbbs.com/ab7e1d1ef52151cc8a5257ad8afccbee","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557275636539929","authorIdStr":"3557275636539929"},"themes":[],"htmlText":"So rich","listText":"So rich","text":"So rich","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/382535733","repostId":"1168066718","repostType":4,"repost":{"id":"1168066718","pubTimestamp":1613462601,"share":"https://ttm.financial/m/news/1168066718?lang=&edition=fundamental","pubTime":"2021-02-16 16:03","market":"sg","language":"en","title":"Singapore Adds to Spending Spree to Drive Recovery from Covid","url":"https://stock-news.laohu8.com/highlight/detail?id=1168066718","media":"Bloomberg","summary":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households a","content":"<p>Singapore said it plans to spend&nbsp;S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered&nbsp;its worst year&nbsp;since independence.</p><p>Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.</p><p>The address comes after Singapore’s economy endured its&nbsp;biggest-ever&nbsp;contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.</p><p><img src=\"https://static.tigerbbs.com/04445caa30ade9b31251a57e0e018fea\" tg-width=\"968\" tg-height=\"553\" referrerpolicy=\"no-referrer\"></p><p>Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.</p><p>That compares with the&nbsp;global average&nbsp;for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.</p><p>Officials have signaled for months that they were ready to provide more aid after&nbsp;pledging&nbsp;about S$100 billion last year, particularly for vulnerable sectors.</p><p>The narrower deficit expected reflects the impact of&nbsp;earlier tranches of spending, a daily&nbsp;local caseload&nbsp;near zero, a&nbsp;vaccination drive&nbsp;and medium-term concerns about keeping spending more in line with revenue.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Adds to Spending Spree to Drive Recovery from Covid</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\">\nSingapore Adds to Spending Spree to Drive Recovery from Covid\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-16 16:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-16/singapore-adds-to-spending-spree-to-drive-recovery-from-covid","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168066718","content_text":"Singapore said it plans to spend S$11 billion($8.3 billion) to speed up the recovery of households and businesses after the economy suffered its worst year since independence.Deputy Prime Minister Heng Swee Keat, delivering the measures Tuesday in his budget speech to Parliament,notedthat the global recovery will be long and uneven across sectors.The address comes after Singapore’s economy endured its biggest-ever contraction in 2020, with gross domestic product shrinking 5.4%. Growth is expected to rebound to 4%-6% this year, but the outlook remains challenging for some important sectors including aviation, transport and hospitality.Normally fiscally conservative, the challenges of the pandemic will force the city-state to run an overall budget deficit again, though narrower than the record high of 13.9% of gross domestic product in the 2020 financial year.That compares with the global average for overall fiscal deficits of 11.8% of GDP in 2020 and 8.5% in 2021, according to International Monetary Fund projections. Before Heng’s remarks, analysts in a Bloomberg survey had projected the deficit would narrow to 4% in the financial year starting April 1.Officials have signaled for months that they were ready to provide more aid after pledging about S$100 billion last year, particularly for vulnerable sectors.The narrower deficit expected reflects the impact of earlier tranches of spending, a daily local caseload near zero, a vaccination drive and medium-term concerns about keeping spending more in line with revenue.","news_type":1},"isVote":1,"tweetType":1,"viewCount":37,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382389551,"gmtCreate":1613363290573,"gmtModify":1704880086519,"author":{"id":"3557275636539929","authorId":"3557275636539929","name":"Jmnachos","avatar":"https://static.tigerbbs.com/ab7e1d1ef52151cc8a5257ad8afccbee","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557275636539929","authorIdStr":"3557275636539929"},"themes":[],"htmlText":"Boring monday","listText":"Boring monday","text":"Boring monday","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/382389551","isVote":1,"tweetType":1,"viewCount":199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":388403485,"gmtCreate":1613068790147,"gmtModify":1704878192875,"author":{"id":"3557275636539929","authorId":"3557275636539929","name":"Jmnachos","avatar":"https://static.tigerbbs.com/ab7e1d1ef52151cc8a5257ad8afccbee","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557275636539929","authorIdStr":"3557275636539929"},"themes":[],"htmlText":"Need help to reply to my comment thank you very much!","listText":"Need help to reply to my comment thank you very much!","text":"Need help to reply to my comment thank you very much!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/388403485","repostId":"2110044852","repostType":4,"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":388541601,"gmtCreate":1613065956803,"gmtModify":1704878167090,"author":{"id":"3557275636539929","authorId":"3557275636539929","name":"Jmnachos","avatar":"https://static.tigerbbs.com/ab7e1d1ef52151cc8a5257ad8afccbee","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557275636539929","authorIdStr":"3557275636539929"},"themes":[],"htmlText":"Can someone like my comment thank you so much","listText":"Can someone like my comment thank you so much","text":"Can someone like my comment thank you so much","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/388541601","repostId":"1168862133","repostType":4,"repost":{"id":"1168862133","pubTimestamp":1613024272,"share":"https://ttm.financial/m/news/1168862133?lang=&edition=fundamental","pubTime":"2021-02-11 14:17","market":"us","language":"en","title":"Best Stocks To Buy For 2021? 4 Fintech Stocks To Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=1168862133","media":"Nasdaq","summary":"If you’re caught up on the latestBitcoin news, you likely know thatfintech stocksare in the hot seat","content":"<p>If you’re caught up on the latestBitcoin news, you likely know thatfintech stocksare in the hot seat right now. This is thanks to a $1.5 billion investment into the cryptocurrency from electric vehicle titan Tesla (NASDAQ: TSLA). It is one of the latest large tech companies to not only invest in but eventually start acceptingBitcoinas payment. In fact, there have even been speculations of Apple (NASDAQ: AAPL) being well-positioned to join the cryptocurrency craze as well. How does this connect to fintech stocks?</p>\n<p>Well, to begin with, fintech companies are the bridge that allows most of the general public access to cryptocurrencies such as Bitcoin. Alternatively, they are also key players in this current age of digital finance. Whatever way you cut it, the fintech industry is becoming more essential and is here to stay for the long run. Meanwhile, more conventional top fintech stocks like Mastercard (NYSE: MA) and American Express (NYSE: AXP) have mostly seen their shares recover to pre-pandemic levels. Therefore, investors would be logical in looking for thebest fintech stocks now. Having read till this point, you might be interested in investing in this industry yourself. If you are, here are four fintech stocks to consider now.</p>\n<p>Top Fintech Stocks To Watch</p>\n<ul>\n <li><b>Mogo Inc.</b>(NASDAQ: MOGO)</li>\n <li><b>PayPal Holdings Inc.</b>(NASDAQ: PYPL)</li>\n <li><b>Square Inc.</b>(NYSE: SQ)</li>\n <li><b>Green Dot Corporation</b>(NYSE: GDOT)</li>\n</ul>\n<p>Mogo Inc.</p>\n<p>Starting us off is Canadian fintech company Mogo. It offers a wide range of financial services ranging from personal loans, mortgages, a Visa Prepaid Card, and credit score viewing. More importantly, the company also facilitates Bitcoin transactions. This particular service has exploded together with the price of the cryptocurrency over the last month. Mogo saw massive month-over-month jumps of 141% in new Bitcoin accounts added and 323% in Bitcoin transaction volume in January. Likewise, MOGO stock is currently up by over 160% year-to-date. Aside from Bitcoin-related tailwinds, the company has also been hard at work expanding its financial portfolio.</p>\n<p>For starters, Mogo acquired leading digital payments solutions provider Carta Worldwide, over two weeks ago. This move expanded Mogo’s addressable market by entering the global $2.5 trillion payments market. Following that, the company expanded into Japan last week via Carta. According to Mogo, this move was in support of the TransferWise multi-currency debit card launch in the country. With this move, Mogo continues to expand its market reach globally and seems eager to make the most of its newly acquired subsidiary. With the company firing on all cylinders now, will you be watching MOGO stock?</p>\n<p>PayPal Holdings Inc.</p>\n<p>Following that, we will be looking at fintech giant, PayPal. Just like our other entries on this list, the company does facilitate cryptocurrency transactions for its clients. Last week, PayPal reported record figures across the board. For its fourth quarter, the company saw a total payment volume (TPV) of $277 billion, a 39% increase year-over-year. Furthermore, the company’s earnings per share more than tripled over the same time as well. In detail, TPVs across its merchant services and Venmo app grew by 42% and 60% respectively. With PayPal riding both Bitcoin and pandemic tailwinds, PYPL stock continues to soar to greater heights. It has gained by over 230% since the March lows and closed yesterday at a record high. Investors may be wondering if it still has room to run moving forward.</p>\n<p>For one thing, the company does not seem to be slowing down anytime soon. Yesterday, it announced a new collaboration with global commerce solutions provider Digital River (DR). To summarize, PayPal now has a new ‘pay later’ option available to U.S. clients on DR’s e-commerce platform.<i>The “Pay in 4</i>” feature will allow customers to pay for items priced from $30 to $600 across four interest-free payments. Simultaneously, merchants get paid upfront at no additional cost to the customer. As PayPal continues to make waves in the fintech space, could PYPL stock continue to flourish this year? You tell me.</p>\n<p>Square Inc.</p>\n<p>Another top fintech company on the radar now would be Square. Aside from its Bitcoin-related services, the leading fintech player does bring a lot to the table. Whether it is financial solutions, merchant services, or mobile payment, Square’s offerings compete with the best in the field. For the uninitiated, the company markets software and hardware payments products to businesses of all sizes. At the same time, its consumer-focused digital payment ecosystem, Cash App, has also seen mind-blowing growth in the past year. Square reported having 30 million monthly active users on the app which generated over $2 billion in revenue in its recent quarter. Seasoned investors would be familiar with the meteoric rise of the company. Indeed, SQ stock has and continues to impress with gains of over 200% in the past year. With the current focus on fintech, could investors continue to find more value in SQ stock?</p>\n<p>Well, it has been posting phenomenal figures on the business side of things. In its third-quarter fiscal reported in November, it saw a year-over-year surge of 139% in total revenue and 246% in cash on hand. Specifically, Cash App’s gross profit skyrocketed by 212% year-over-year. All things considered, will you be watching SQ stock ahead of Square’s upcomingearnings callon February 23?</p>\n<p>Green Dot Corporation</p>\n<p>Undoubtedly, Green Dot is a fintech industry-veteran that should not be overlooked. As it stands, Green Dot is the world’s largest prepaid debit card company by market capitalization. The company also boasts an impressive list of clients, to say the least. Its fintech partners include but are not limited to, Google (NASDAQ: GOOGL), Uber (NYSE: UBER), and Walmart (NYSE: WMT). Equally impressive is GDOT stock’s growth of over 220% since the March selloffs. With Green Dot slated to release its fourth-quarter earnings on February 22, I can see investors watching GDOT stock closely.</p>\n<p>For the most part, the company has been hard at work maintaining its current momentum. Last month, the company launched a new mobile bank focused on addressing the two in three Americans “<i>living from paycheck to paycheck</i>”. Through this, Green Dot is leveraging its rich industry experience to provide affordable banking solutions for clients in need. In the long run, this could play out well for Green Dot as it engages consumers amidst these troubling times. Moreover, the company appointed a new CTO in Gyorgy Tomso last week. CEO Dan Henry said, “<i>Gyorgy is a fintech veteran whose deep experience leading technology strategy for financial services companies is going to be instrumental in Green Dot’s growth as a leading fintech.</i>” Has all this convinced you to add GDOT to your watchlist?</p>","source":"lsy1603171495471","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>Best Stocks To Buy For 2021? 4 Fintech Stocks To Watch</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\">\nBest Stocks To Buy For 2021? 4 Fintech Stocks To Watch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-11 14:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.nasdaq.com/articles/best-stocks-to-buy-for-2021-4-fintech-stocks-to-watch-2021-02-10><strong>Nasdaq</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you’re caught up on the latestBitcoin news, you likely know thatfintech stocksare in the hot seat right now. This is thanks to a $1.5 billion investment into the cryptocurrency from electric ...</p>\n\n<a href=\"https://www.nasdaq.com/articles/best-stocks-to-buy-for-2021-4-fintech-stocks-to-watch-2021-02-10\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.nasdaq.com/articles/best-stocks-to-buy-for-2021-4-fintech-stocks-to-watch-2021-02-10","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168862133","content_text":"If you’re caught up on the latestBitcoin news, you likely know thatfintech stocksare in the hot seat right now. This is thanks to a $1.5 billion investment into the cryptocurrency from electric vehicle titan Tesla (NASDAQ: TSLA). It is one of the latest large tech companies to not only invest in but eventually start acceptingBitcoinas payment. In fact, there have even been speculations of Apple (NASDAQ: AAPL) being well-positioned to join the cryptocurrency craze as well. How does this connect to fintech stocks?\nWell, to begin with, fintech companies are the bridge that allows most of the general public access to cryptocurrencies such as Bitcoin. Alternatively, they are also key players in this current age of digital finance. Whatever way you cut it, the fintech industry is becoming more essential and is here to stay for the long run. Meanwhile, more conventional top fintech stocks like Mastercard (NYSE: MA) and American Express (NYSE: AXP) have mostly seen their shares recover to pre-pandemic levels. Therefore, investors would be logical in looking for thebest fintech stocks now. Having read till this point, you might be interested in investing in this industry yourself. If you are, here are four fintech stocks to consider now.\nTop Fintech Stocks To Watch\n\nMogo Inc.(NASDAQ: MOGO)\nPayPal Holdings Inc.(NASDAQ: PYPL)\nSquare Inc.(NYSE: SQ)\nGreen Dot Corporation(NYSE: GDOT)\n\nMogo Inc.\nStarting us off is Canadian fintech company Mogo. It offers a wide range of financial services ranging from personal loans, mortgages, a Visa Prepaid Card, and credit score viewing. More importantly, the company also facilitates Bitcoin transactions. This particular service has exploded together with the price of the cryptocurrency over the last month. Mogo saw massive month-over-month jumps of 141% in new Bitcoin accounts added and 323% in Bitcoin transaction volume in January. Likewise, MOGO stock is currently up by over 160% year-to-date. Aside from Bitcoin-related tailwinds, the company has also been hard at work expanding its financial portfolio.\nFor starters, Mogo acquired leading digital payments solutions provider Carta Worldwide, over two weeks ago. This move expanded Mogo’s addressable market by entering the global $2.5 trillion payments market. Following that, the company expanded into Japan last week via Carta. According to Mogo, this move was in support of the TransferWise multi-currency debit card launch in the country. With this move, Mogo continues to expand its market reach globally and seems eager to make the most of its newly acquired subsidiary. With the company firing on all cylinders now, will you be watching MOGO stock?\nPayPal Holdings Inc.\nFollowing that, we will be looking at fintech giant, PayPal. Just like our other entries on this list, the company does facilitate cryptocurrency transactions for its clients. Last week, PayPal reported record figures across the board. For its fourth quarter, the company saw a total payment volume (TPV) of $277 billion, a 39% increase year-over-year. Furthermore, the company’s earnings per share more than tripled over the same time as well. In detail, TPVs across its merchant services and Venmo app grew by 42% and 60% respectively. With PayPal riding both Bitcoin and pandemic tailwinds, PYPL stock continues to soar to greater heights. It has gained by over 230% since the March lows and closed yesterday at a record high. Investors may be wondering if it still has room to run moving forward.\nFor one thing, the company does not seem to be slowing down anytime soon. Yesterday, it announced a new collaboration with global commerce solutions provider Digital River (DR). To summarize, PayPal now has a new ‘pay later’ option available to U.S. clients on DR’s e-commerce platform.The “Pay in 4” feature will allow customers to pay for items priced from $30 to $600 across four interest-free payments. Simultaneously, merchants get paid upfront at no additional cost to the customer. As PayPal continues to make waves in the fintech space, could PYPL stock continue to flourish this year? You tell me.\nSquare Inc.\nAnother top fintech company on the radar now would be Square. Aside from its Bitcoin-related services, the leading fintech player does bring a lot to the table. Whether it is financial solutions, merchant services, or mobile payment, Square’s offerings compete with the best in the field. For the uninitiated, the company markets software and hardware payments products to businesses of all sizes. At the same time, its consumer-focused digital payment ecosystem, Cash App, has also seen mind-blowing growth in the past year. Square reported having 30 million monthly active users on the app which generated over $2 billion in revenue in its recent quarter. Seasoned investors would be familiar with the meteoric rise of the company. Indeed, SQ stock has and continues to impress with gains of over 200% in the past year. With the current focus on fintech, could investors continue to find more value in SQ stock?\nWell, it has been posting phenomenal figures on the business side of things. In its third-quarter fiscal reported in November, it saw a year-over-year surge of 139% in total revenue and 246% in cash on hand. Specifically, Cash App’s gross profit skyrocketed by 212% year-over-year. All things considered, will you be watching SQ stock ahead of Square’s upcomingearnings callon February 23?\nGreen Dot Corporation\nUndoubtedly, Green Dot is a fintech industry-veteran that should not be overlooked. As it stands, Green Dot is the world’s largest prepaid debit card company by market capitalization. The company also boasts an impressive list of clients, to say the least. Its fintech partners include but are not limited to, Google (NASDAQ: GOOGL), Uber (NYSE: UBER), and Walmart (NYSE: WMT). Equally impressive is GDOT stock’s growth of over 220% since the March selloffs. With Green Dot slated to release its fourth-quarter earnings on February 22, I can see investors watching GDOT stock closely.\nFor the most part, the company has been hard at work maintaining its current momentum. Last month, the company launched a new mobile bank focused on addressing the two in three Americans “living from paycheck to paycheck”. Through this, Green Dot is leveraging its rich industry experience to provide affordable banking solutions for clients in need. In the long run, this could play out well for Green Dot as it engages consumers amidst these troubling times. Moreover, the company appointed a new CTO in Gyorgy Tomso last week. CEO Dan Henry said, “Gyorgy is a fintech veteran whose deep experience leading technology strategy for financial services companies is going to be instrumental in Green Dot’s growth as a leading fintech.” Has all this convinced you to add GDOT to your watchlist?","news_type":1},"isVote":1,"tweetType":1,"viewCount":280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":388360247,"gmtCreate":1613023956189,"gmtModify":1704877485744,"author":{"id":"3557275636539929","authorId":"3557275636539929","name":"Jmnachos","avatar":"https://static.tigerbbs.com/ab7e1d1ef52151cc8a5257ad8afccbee","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557275636539929","authorIdStr":"3557275636539929"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/388360247","repostId":"2110044852","repostType":4,"isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":388360853,"gmtCreate":1613023927572,"gmtModify":1704877485583,"author":{"id":"3557275636539929","authorId":"3557275636539929","name":"Jmnachos","avatar":"https://static.tigerbbs.com/ab7e1d1ef52151cc8a5257ad8afccbee","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3557275636539929","authorIdStr":"3557275636539929"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/388360853","repostId":"2110044852","repostType":4,"isVote":1,"tweetType":1,"viewCount":112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}