Profile - To The Moon

JGoh

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- JGohJGoh
  ·02-14
  $XPeng Inc.(XPEV)$ Have faith in EV. Have faith in XP.
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- JGohJGoh
  ·2021-06-07
  Time to buy the dip
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- JGohJGoh
  ·2021-06-01
  Moving up!!
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- JGohJGoh
  ·2021-05-29
  America and Europe travelling picking up. This stock to benefit
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- JGohJGoh
  ·2021-05-28
  Moving up!!
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- JGohJGoh
  ·2021-05-27
  This stock is Going up guys
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- JGohJGoh
  ·2021-05-20
  Wonder stock
  Alibaba: The Stock Set To Outperform
  Summary Alibaba is currently trading at ~18.7x EBITDA, which is an attractive multiple for a busine
  Alibaba: The Stock Set To Outperform
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- JGohJGoh
  ·2021-05-20
  Fed is useless
  3 Things to Watch for in the Fed Minutes Today
  The Federal Reserve’s latest meeting minutes aren’t expected to make much of a splash today, but inv
  3 Things to Watch for in the Fed Minutes Today
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- JGohJGoh
  ·2021-05-20
  Moving up I hope
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- JGohJGoh
  ·2021-05-08
  Wonderful
  Xpeng expands network of free EV charging stations in China to 1,140, spanning 164 cities
  MW Xpeng expands network of free EV charging stations in China to 1,140, spanning 164 cities Chi
  Xpeng expands network of free EV charging stations in China to 1,140, spanning 164 cities
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This stock to benefit&nbsp;","listText":"America and Europe travelling picking up. This stock to benefit&nbsp;","text":"America and Europe travelling picking up. 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BABA hit an all-time high of $319 in October 2020. As of this writing, BABA is trading at ~$214, which is 34% below its all-time high.</p>\n<p>In my opinion, Mr. Market is giving investors a great opportunity to grab shares of a great company with strong growth potential at highly attractive valuation. Simply said, BABA looks like a good buying opportunity when considering recent growth trends as well the stock setup and valuation. Therefore, I upsized my existing position.</p>\n<p>This article covers Alibaba's most recent earnings results, the stock setup going forward, a valuation update using EV/EBITDA, and key risks in the investment. Without further ado, let us dive in.</p>\n<p><b>Earnings Report Highlights</b></p>\n<p>The latest quarterly&nbsp;results&nbsp;showed Alibaba's core businesses continue to higher revenues and higher profits. All key metrics are growing at double-digit rates. Here is a summary of the key metrics that I am most focused on from the report, along with my opinion on what it means:</p>\n<ul>\n <li>Annual active users and monthly active users grew by 32 and 23 million, respectively. This means that as e-commerce continues to take market share, more people continue to flock to Alibaba ecosystem. This indicator suggests the business keeps adding new users, which is surely a positive factor for the stock.</li>\n <li>Quarterly total revenue growth was 64% over the prior year, driven by inorganic growth due to acquisitions as well as organic growth. Organic growth was roughly 40% over the prior year. This is also a positive as it shows the business continues to grow at strong rates, along with reaping the benefits of recent acquisitions.</li>\n <li>Quarterly Adjusted EBITDA grew by 18% over the prior year, and its growth rate stands at 25% over the TTM (trailing twelve months). Although 18% of EBITDA growth is quite high compared to most other businesses, the deceleration is not ideal. This implies lower profit margins as it is tracking lower than revenue growth. My take on this is goldilocks. Not ideal, but not terrible.</li>\n</ul>\n<p>In addition to the strong business metrics, there was something unique in last quarter's result. Something that seems to be impacting BABA negatively.</p>\n<p>The last quarter was unique because it included a big fine from the State Administration for Market Regulation of the People's Republic of China due to monopolistic behavior. After a long&nbsp;investigation, the government fined Alibaba approximately $2.8 billion as a result of engaging in monopolistic tactics that suppressed competition. The fine caused Alibaba to report a rare operating loss. Unlike many fast-growing companies, Alibaba does not typically report operating losses because it is a highly profitable business. That makes this fine stand out.</p>\n<p>In my opinion, this fine is a critical factor that explains why Alibaba stock has been declining. Receiving a big fine from the government is no good thing. However, I do not believe the fine is a big deal because it represents more of a \"slap in the wrist\" than a real threat to the long-term viability of the business. Here is why.</p>\n<p>First of all, the fine is relatively small. Yes. $2.8 billion is a lot of money, but in relative terms, it is not that much. It represents only 2.5% of global revenues and less than 1% of EV (enterprise value). Relative to the size of Alibaba, it is small potatoes. No big deal.</p>\n<p>Secondly, the fine is technically a one-time expense that will not probably repeat in the future. That means Alibaba should be reporting an operating profit next quarter as Alibaba promised the Chinese government to \"serve our responsibility to society and will operate in accordance with the law with utmost diligence\". Furthermore, Alibaba holds more than $49 billion of cash, meaning the fine will be easily paid and won't break the bank.</p>\n<p><b>The stock setup for the next 12 and 24 months</b></p>\n<p>As of this writing, BABA is currently trading well below its 200-day moving average (about 18% below to be precise). Historically, every time BABA has been in this spot it has performed very well in the future.</p>\n<p>Most investors probably know that Alibaba is still a relatively young stock. It has been trading publicly for about 7 years. Its IPO was in September 2014. Since its IPO, BABA has traded this far below its 200-day moving average only a couple of times, as shown in the chart below by the green circles.</p>\n<p><img src=\"https://static.tigerbbs.com/826022c9bd39f18eb42d102ea49ca31d\" tg-width=\"640\" tg-height=\"286\" referrerpolicy=\"no-referrer\"></p>\n<p>Every time the stock was there was because of some bad news that impacted Mr. Market sentiment. In late 2018, the trade war between US and China that former President Donald Trump started impacted Alibaba along with many other Chinese stocks. This time, it seems to be the big fine from the government coupled with decelerating profit growth that's causing negative sentiment.</p>\n<p>As I show in the table below, every time the stock has been there, buyers of the stock were handsomely rewarded by strong returns over the next 12 or 24 months. The table below shows total return over the next 12 and 24 months, after Alibaba has gone this far below its 200 day moving average.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cd645ab78acb4923a6a1e902db9f047d\" tg-width=\"247\" tg-height=\"135\"><span>Source: Seeking Alpha, Author computations</span></p>\n<p>To make things even better, BABA outperformed the S&amp;P 500 each time it has been trading this far below its 200-day moving average (except on the 12 months following July 8, 2015), which means today's setup is great for both absolute and relative returns.</p>\n<p>Given that BABA is in a similar setup this time around compared to those dates, will BABA outperform the S&amp;P over the next 12 or 24 months? Will it produce enormous returns like it did last time? My bet is it will because history suggests BABA is on the cusp of staging a meaningful rally. But as everyone here should know, there are no guarantees. Time will tell.</p>\n<p><b>Valuation</b></p>\n<p>My preferred valuation method is using EV/EBITDA (aka EBITDA multiple) because it eliminates biases from different tax bases as well as capital structure. Given Alibaba is mostly a Chinese company, this valuation method allows for comparison with other US companies.</p>\n<p>Using the actual EBITDA of $30.04 billion over the TTM, the current stock price implies an EBITDA multiple of 18.7x. For a business that is growing at double-digit rates, that multiple seems quite cheap.</p>\n<p>My calculation of EV and EV/EBITDA is shown below, using the RMB/USD exchange rate as of the balance sheet date.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d15d3d672161b71d084f3f0d2682f4e\" tg-width=\"572\" tg-height=\"450\"><span>Source: earnings report, author computations</span></p>\n<p>Attentive readers will probably wonder if the $30 billion of EBITDA includes or excludes the fine discussed above. Because that fine is most likely a one-time expense that won't repeat, it is excluded from the last 12 months EBITDA.</p>\n<p><b>Risks</b></p>\n<p>The main risk with Alibaba is political risk. As mentioned above, the Chinese government has recently fined Alibaba. Because Alibaba generates most of its revenues in China, there is a chance the Chinese government launches one or more investigations, which means there could be more fines coming. The next one could be more damaging.</p>\n<p>Additionally, Alibaba generates most of its revenues from China, and its functional currency is the Chinese RMB (Renminbi). Therefore, investors that are focused on generating returns in USD are taking currency risk by investing in Alibaba. If the RMB depreciates relative to the USD, then the stock could be negatively impacted even if revenues and profits keep growing.</p>\n<p><b>Investor Conclusion</b></p>\n<p>The most recent earnings results show once again that Alibaba's growth machine is robust. Revenue and profits keep growing at double-digit rates, and the fine from the government is now in the rear-view mirror. These growth rates alone are a great reason to buy the stock.</p>\n<p>Additionally, BABA is trading about 34% below itsall-time high and 18% below its 200-day moving average. Historically, there have been two times when BABA traded this far below its 200-day moving average. Both times BABA staged a strong comeback and produced enormous returns for those who bought the dip.</p>\n<p>Alibaba is trading at 18.7x EBITDA, and that multiple looks highly attractive to buy the stock. Despite the risks, the rewards seem to be worth it.</p>\n<p>For those reasons, BABA seems to be a great buy opportunity currently.</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>Alibaba: The Stock Set To Outperform</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba: The Stock Set To Outperform\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-19 23:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4429938-alibaba-the-stock-set-to-outperform><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAlibaba is currently trading at ~18.7x EBITDA, which is an attractive multiple for a business that's growing at double-digit rates.\nThe most recent earnings report shows the business is ...</p>\n\n<a href=\"https://seekingalpha.com/article/4429938-alibaba-the-stock-set-to-outperform\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4429938-alibaba-the-stock-set-to-outperform","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1134860607","content_text":"Summary\n\nAlibaba is currently trading at ~18.7x EBITDA, which is an attractive multiple for a business that's growing at double-digit rates.\nThe most recent earnings report shows the business is growing strongly, despite facing a one-time fine from the Chinese government.\nAlibaba stock is set to outperform as it is sitting well below its 200-day moving average.\nBABA has generated juicy returns over the next 12 and 24 months every time it has been here.\n\nPhoto by Andrew Burton/Getty Images News via Getty Images\nMr. Market is not happy with Alibaba Group (BABA) these days and has been quoting the stock at significantly lower prices than its all-time high just 8 months ago. BABA hit an all-time high of $319 in October 2020. As of this writing, BABA is trading at ~$214, which is 34% below its all-time high.\nIn my opinion, Mr. Market is giving investors a great opportunity to grab shares of a great company with strong growth potential at highly attractive valuation. Simply said, BABA looks like a good buying opportunity when considering recent growth trends as well the stock setup and valuation. Therefore, I upsized my existing position.\nThis article covers Alibaba's most recent earnings results, the stock setup going forward, a valuation update using EV/EBITDA, and key risks in the investment. Without further ado, let us dive in.\nEarnings Report Highlights\nThe latest quarterly results showed Alibaba's core businesses continue to higher revenues and higher profits. All key metrics are growing at double-digit rates. Here is a summary of the key metrics that I am most focused on from the report, along with my opinion on what it means:\n\nAnnual active users and monthly active users grew by 32 and 23 million, respectively. This means that as e-commerce continues to take market share, more people continue to flock to Alibaba ecosystem. This indicator suggests the business keeps adding new users, which is surely a positive factor for the stock.\nQuarterly total revenue growth was 64% over the prior year, driven by inorganic growth due to acquisitions as well as organic growth. Organic growth was roughly 40% over the prior year. This is also a positive as it shows the business continues to grow at strong rates, along with reaping the benefits of recent acquisitions.\nQuarterly Adjusted EBITDA grew by 18% over the prior year, and its growth rate stands at 25% over the TTM (trailing twelve months). Although 18% of EBITDA growth is quite high compared to most other businesses, the deceleration is not ideal. This implies lower profit margins as it is tracking lower than revenue growth. My take on this is goldilocks. Not ideal, but not terrible.\n\nIn addition to the strong business metrics, there was something unique in last quarter's result. Something that seems to be impacting BABA negatively.\nThe last quarter was unique because it included a big fine from the State Administration for Market Regulation of the People's Republic of China due to monopolistic behavior. After a long investigation, the government fined Alibaba approximately $2.8 billion as a result of engaging in monopolistic tactics that suppressed competition. The fine caused Alibaba to report a rare operating loss. Unlike many fast-growing companies, Alibaba does not typically report operating losses because it is a highly profitable business. That makes this fine stand out.\nIn my opinion, this fine is a critical factor that explains why Alibaba stock has been declining. Receiving a big fine from the government is no good thing. However, I do not believe the fine is a big deal because it represents more of a \"slap in the wrist\" than a real threat to the long-term viability of the business. Here is why.\nFirst of all, the fine is relatively small. Yes. $2.8 billion is a lot of money, but in relative terms, it is not that much. It represents only 2.5% of global revenues and less than 1% of EV (enterprise value). Relative to the size of Alibaba, it is small potatoes. No big deal.\nSecondly, the fine is technically a one-time expense that will not probably repeat in the future. That means Alibaba should be reporting an operating profit next quarter as Alibaba promised the Chinese government to \"serve our responsibility to society and will operate in accordance with the law with utmost diligence\". Furthermore, Alibaba holds more than $49 billion of cash, meaning the fine will be easily paid and won't break the bank.\nThe stock setup for the next 12 and 24 months\nAs of this writing, BABA is currently trading well below its 200-day moving average (about 18% below to be precise). Historically, every time BABA has been in this spot it has performed very well in the future.\nMost investors probably know that Alibaba is still a relatively young stock. It has been trading publicly for about 7 years. Its IPO was in September 2014. Since its IPO, BABA has traded this far below its 200-day moving average only a couple of times, as shown in the chart below by the green circles.\n\nEvery time the stock was there was because of some bad news that impacted Mr. Market sentiment. In late 2018, the trade war between US and China that former President Donald Trump started impacted Alibaba along with many other Chinese stocks. This time, it seems to be the big fine from the government coupled with decelerating profit growth that's causing negative sentiment.\nAs I show in the table below, every time the stock has been there, buyers of the stock were handsomely rewarded by strong returns over the next 12 or 24 months. The table below shows total return over the next 12 and 24 months, after Alibaba has gone this far below its 200 day moving average.\nSource: Seeking Alpha, Author computations\nTo make things even better, BABA outperformed the S&P 500 each time it has been trading this far below its 200-day moving average (except on the 12 months following July 8, 2015), which means today's setup is great for both absolute and relative returns.\nGiven that BABA is in a similar setup this time around compared to those dates, will BABA outperform the S&P over the next 12 or 24 months? Will it produce enormous returns like it did last time? My bet is it will because history suggests BABA is on the cusp of staging a meaningful rally. But as everyone here should know, there are no guarantees. Time will tell.\nValuation\nMy preferred valuation method is using EV/EBITDA (aka EBITDA multiple) because it eliminates biases from different tax bases as well as capital structure. Given Alibaba is mostly a Chinese company, this valuation method allows for comparison with other US companies.\nUsing the actual EBITDA of $30.04 billion over the TTM, the current stock price implies an EBITDA multiple of 18.7x. For a business that is growing at double-digit rates, that multiple seems quite cheap.\nMy calculation of EV and EV/EBITDA is shown below, using the RMB/USD exchange rate as of the balance sheet date.\nSource: earnings report, author computations\nAttentive readers will probably wonder if the $30 billion of EBITDA includes or excludes the fine discussed above. Because that fine is most likely a one-time expense that won't repeat, it is excluded from the last 12 months EBITDA.\nRisks\nThe main risk with Alibaba is political risk. As mentioned above, the Chinese government has recently fined Alibaba. Because Alibaba generates most of its revenues in China, there is a chance the Chinese government launches one or more investigations, which means there could be more fines coming. The next one could be more damaging.\nAdditionally, Alibaba generates most of its revenues from China, and its functional currency is the Chinese RMB (Renminbi). Therefore, investors that are focused on generating returns in USD are taking currency risk by investing in Alibaba. If the RMB depreciates relative to the USD, then the stock could be negatively impacted even if revenues and profits keep growing.\nInvestor Conclusion\nThe most recent earnings results show once again that Alibaba's growth machine is robust. Revenue and profits keep growing at double-digit rates, and the fine from the government is now in the rear-view mirror. These growth rates alone are a great reason to buy the stock.\nAdditionally, BABA is trading about 34% below itsall-time high and 18% below its 200-day moving average. Historically, there have been two times when BABA traded this far below its 200-day moving average. Both times BABA staged a strong comeback and produced enormous returns for those who bought the dip.\nAlibaba is trading at 18.7x EBITDA, and that multiple looks highly attractive to buy the stock. Despite the risks, the rewards seem to be worth it.\nFor those reasons, BABA seems to be a great buy opportunity currently.","news_type":1},"isVote":1,"tweetType":1,"viewCount":231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":197850680,"gmtCreate":1621442742340,"gmtModify":1704357771698,"author":{"id":"3569470570609804","authorId":"3569470570609804","name":"JGoh","avatar":"https://static.tigerbbs.com/32dcd0113e3723d8b06f671b31ffb590","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569470570609804","authorIdStr":"3569470570609804"},"themes":[],"htmlText":"Fed is useless&nbsp;","listText":"Fed is useless&nbsp;","text":"Fed is useless","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/197850680","repostId":"1103552481","repostType":4,"repost":{"id":"1103552481","kind":"news","pubTimestamp":1621428667,"share":"https://ttm.financial/m/news/1103552481?lang=&edition=fundamental","pubTime":"2021-05-19 20:51","market":"us","language":"en","title":"3 Things to Watch for in the Fed Minutes Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1103552481","media":"Barrons","summary":"The Federal Reserve’s latest meeting minutes aren’t expected to make much of a splash today, but inv","content":"<p>The Federal Reserve’s latest meeting minutes aren’t expected to make much of a splash today, but investors should still keep an eye out for a few different themes.</p>\n<p>The minutes are due out at 2 p.m. today, and Fed watchers may face a greater challenge than usual in deciphering their significance:&nbsp; A lot has changed in the economy since the April 28-29 meeting. The ensuing weeks have brought a&nbsp;surprisingly weak jobs report&nbsp;and a&nbsp;stronger-than-expected consumer inflation report, for example.</p>\n<p>And unlike&nbsp;last month’s meeting, there wasn’t an attention-grabbing selloff in Treasuries to command officials’ attention. The steep climb in yields abated at the end of March, even as economic data showed and stronger price pressures in April.&nbsp;The 10-year yield has&nbsp;dropped to 1.64%&nbsp;from 1.74% on March 31.</p>\n<p>Yet the document may still provide some clues about the central bank’s views. And officials have provided more perspective on policy since the latest meeting as well. Notably, Fed Vice Chair Richard Clarida spoke at a conference on Monday and discussed some recent economic data points as well.</p>\n<p>Here’s what strategists expect out of the meeting today, and what Clarida said about the topics:</p>\n<p><b>“Attuned and Attentive” to “Transitory” Inflation?</b></p>\n<p>One popular line among Fed officials, including Fed Chair Jerome Powell, has been the assurance that this spring is expected to bring a “transitory” rise in inflation, mostly related to the reopening of the U.S. economy after the pandemic brought a sharp deceleration in activity last year.</p>\n<p>Mizuho economists Steven Ricchiuto and Alex Pelle wrote in a May 18 note that they expect “several mentions of ‘transitory’ price pressures” in the minutes. They also highlighted that many of the steepest increases in consumer prices in April were in sectors where demand had been hit most by the pandemic, such as hotels and airfares. “So far [that] validates the Fed’s thinking,” they added.</p>\n<p>Yet at Monday’s conference, Clarida seemed to be repeating a different type of assurance about inflation:&nbsp; That the central bank would be “attuned and attentive” to any data showing higher price pressures.</p>\n<p>“In the CPI report, [reopening] did clearly put upward pressure on prices. Now our baseline view is that most of this is likely to be transitory, but we have to be attuned and attentive to the incoming data,” he said. “[The] key element of our mandate is price stability and an important component of price stability is well-anchored inflation expectations. If we were to see upward pressure on prices or inflation that threatened to put inflation expectations higher, I have no doubt we would use our tools to address that situation.”</p>\n<p><b>Taper Timeline</b></p>\n<p>Investors will also be looking to see if the central bank provides any additional guidance on when it might start paring back its $120 billion in monthly bond purchases. Powell has said the Fed wants to make “substantial further progress” toward its goals of full employment and a long-term average of 2% inflation before it wants to pare down its purchases, but officials haven’t provided much additional guidance.</p>\n<p>Most on Wall Street expect the Fed to discuss longer-term plans to reduce, or taper, its purchases&nbsp;late this summer or during the fall. NatWest Markets said in a Monday note that it expects the Fed to start talking about tapering its purchases in September and actually start to reduce the pace of bond-buying next year.</p>\n<p>So any more detailed discussion in the latest meeting minutes could come as a surprise to investors and potentially matter for markets.</p>\n<p><b>Labor-Market Outlook</b></p>\n<p>One key factor that will determine the outlook for the Fed’s bond buying (and other accommodation) is the recovery in the labor market. And that remains up in the air, after the disappointing April jobs report.</p>\n<p>Still, there is a chance investors could find more context on one of their questions in the minutes:&nbsp; How much improvement will be enough for the Fed to start withdrawing accommodation? In other words, what does “substantial further progress” mean?</p>\n<p>Before the disappointing news on April’s labor market, most of Wall Street expected a strong month for jobs creation, another step toward the “string” of strong months of recovery that Powell had said was needed before the U.S. achieved “substantial further progress” toward the Fed’s goals. That may have prompted officials to discuss just how far along the recovery would need to go before the central bank could start stepping back.</p>\n<p>Clarida discussed the April employment report on Monday as well.</p>\n<p>“What the April employment report said to me is that the way we bring supply and demand into balance in the labor market, especially in the service sector, may take some time and may produce some upward pressure on prices as workers return to employment, so we have to be attuned and attentive to that data flow,” he said. “Per that April employment report, we have not made substantial further progress, but as the data comes in we as a committee will have to evaluate that, and ultimately make a judgment.”</p>\n<p>Ultimately, the importance of future labor-market data hints at the broader takeaway from the Fed’s meeting minutes:&nbsp; Coming months’ economic data may be the final arbiter of what the Fed does, and its plans to remove accommodation from markets and the economy. And the&nbsp;economic data has been so volatile&nbsp;during the reopening that the picture could change significantly by the time the Fed meets again in June.</p>\n<p>That means investors will have to hold tight for a while longer to get a sense of when the central bank plans to start stepping back.</p>\n<p>“We’re reluctant to call this an equilibrium of any sort – rather it’s much more likely to prove a temporary holding pattern as macro expectations are further refined,” wrote Ian Lyngen, strategist with BMO. “Clearly, we have more questions than answers.”</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Things to Watch for in the Fed Minutes Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Things to Watch for in the Fed Minutes Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-19 20:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/inflation-jobs-and-more-to-watch-for-in-todays-fed-minutes-release-51621421812?mod=hp_LEAD_3><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve’s latest meeting minutes aren’t expected to make much of a splash today, but investors should still keep an eye out for a few different themes.\nThe minutes are due out at 2 p.m. ...</p>\n\n<a href=\"https://www.barrons.com/articles/inflation-jobs-and-more-to-watch-for-in-todays-fed-minutes-release-51621421812?mod=hp_LEAD_3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/inflation-jobs-and-more-to-watch-for-in-todays-fed-minutes-release-51621421812?mod=hp_LEAD_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103552481","content_text":"The Federal Reserve’s latest meeting minutes aren’t expected to make much of a splash today, but investors should still keep an eye out for a few different themes.\nThe minutes are due out at 2 p.m. today, and Fed watchers may face a greater challenge than usual in deciphering their significance:  A lot has changed in the economy since the April 28-29 meeting. The ensuing weeks have brought a surprisingly weak jobs report and a stronger-than-expected consumer inflation report, for example.\nAnd unlike last month’s meeting, there wasn’t an attention-grabbing selloff in Treasuries to command officials’ attention. The steep climb in yields abated at the end of March, even as economic data showed and stronger price pressures in April. The 10-year yield has dropped to 1.64% from 1.74% on March 31.\nYet the document may still provide some clues about the central bank’s views. And officials have provided more perspective on policy since the latest meeting as well. Notably, Fed Vice Chair Richard Clarida spoke at a conference on Monday and discussed some recent economic data points as well.\nHere’s what strategists expect out of the meeting today, and what Clarida said about the topics:\n“Attuned and Attentive” to “Transitory” Inflation?\nOne popular line among Fed officials, including Fed Chair Jerome Powell, has been the assurance that this spring is expected to bring a “transitory” rise in inflation, mostly related to the reopening of the U.S. economy after the pandemic brought a sharp deceleration in activity last year.\nMizuho economists Steven Ricchiuto and Alex Pelle wrote in a May 18 note that they expect “several mentions of ‘transitory’ price pressures” in the minutes. They also highlighted that many of the steepest increases in consumer prices in April were in sectors where demand had been hit most by the pandemic, such as hotels and airfares. “So far [that] validates the Fed’s thinking,” they added.\nYet at Monday’s conference, Clarida seemed to be repeating a different type of assurance about inflation:  That the central bank would be “attuned and attentive” to any data showing higher price pressures.\n“In the CPI report, [reopening] did clearly put upward pressure on prices. Now our baseline view is that most of this is likely to be transitory, but we have to be attuned and attentive to the incoming data,” he said. “[The] key element of our mandate is price stability and an important component of price stability is well-anchored inflation expectations. If we were to see upward pressure on prices or inflation that threatened to put inflation expectations higher, I have no doubt we would use our tools to address that situation.”\nTaper Timeline\nInvestors will also be looking to see if the central bank provides any additional guidance on when it might start paring back its $120 billion in monthly bond purchases. Powell has said the Fed wants to make “substantial further progress” toward its goals of full employment and a long-term average of 2% inflation before it wants to pare down its purchases, but officials haven’t provided much additional guidance.\nMost on Wall Street expect the Fed to discuss longer-term plans to reduce, or taper, its purchases late this summer or during the fall. NatWest Markets said in a Monday note that it expects the Fed to start talking about tapering its purchases in September and actually start to reduce the pace of bond-buying next year.\nSo any more detailed discussion in the latest meeting minutes could come as a surprise to investors and potentially matter for markets.\nLabor-Market Outlook\nOne key factor that will determine the outlook for the Fed’s bond buying (and other accommodation) is the recovery in the labor market. And that remains up in the air, after the disappointing April jobs report.\nStill, there is a chance investors could find more context on one of their questions in the minutes:  How much improvement will be enough for the Fed to start withdrawing accommodation? In other words, what does “substantial further progress” mean?\nBefore the disappointing news on April’s labor market, most of Wall Street expected a strong month for jobs creation, another step toward the “string” of strong months of recovery that Powell had said was needed before the U.S. achieved “substantial further progress” toward the Fed’s goals. That may have prompted officials to discuss just how far along the recovery would need to go before the central bank could start stepping back.\nClarida discussed the April employment report on Monday as well.\n“What the April employment report said to me is that the way we bring supply and demand into balance in the labor market, especially in the service sector, may take some time and may produce some upward pressure on prices as workers return to employment, so we have to be attuned and attentive to that data flow,” he said. “Per that April employment report, we have not made substantial further progress, but as the data comes in we as a committee will have to evaluate that, and ultimately make a judgment.”\nUltimately, the importance of future labor-market data hints at the broader takeaway from the Fed’s meeting minutes:  Coming months’ economic data may be the final arbiter of what the Fed does, and its plans to remove accommodation from markets and the economy. And the economic data has been so volatile during the reopening that the picture could change significantly by the time the Fed meets again in June.\nThat means investors will have to hold tight for a while longer to get a sense of when the central bank plans to start stepping back.\n“We’re reluctant to call this an equilibrium of any sort – rather it’s much more likely to prove a temporary holding pattern as macro expectations are further refined,” wrote Ian Lyngen, strategist with BMO. “Clearly, we have more questions than answers.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":197850137,"gmtCreate":1621442689629,"gmtModify":1704357771860,"author":{"id":"3569470570609804","authorId":"3569470570609804","name":"JGoh","avatar":"https://static.tigerbbs.com/32dcd0113e3723d8b06f671b31ffb590","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569470570609804","authorIdStr":"3569470570609804"},"themes":[],"htmlText":"Moving up I hope&nbsp;","listText":"Moving up I hope&nbsp;","text":"Moving up I hope","images":[{"img":"https://static.tigerbbs.com/83a6c0881085be1686c35734b4dd89c0","width":"1200","height":"2561"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/197850137","isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":107035959,"gmtCreate":1620432655771,"gmtModify":1704343547600,"author":{"id":"3569470570609804","authorId":"3569470570609804","name":"JGoh","avatar":"https://static.tigerbbs.com/32dcd0113e3723d8b06f671b31ffb590","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3569470570609804","authorIdStr":"3569470570609804"},"themes":[],"htmlText":"Wonderful&nbsp;","listText":"Wonderful&nbsp;","text":"Wonderful","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/107035959","repostId":"2133150722","repostType":2,"repost":{"id":"2133150722","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1620391140,"share":"https://ttm.financial/m/news/2133150722?lang=&edition=fundamental","pubTime":"2021-05-07 20:39","market":"hk","language":"en","title":"Xpeng expands network of free EV charging stations in China to 1,140, spanning 164 cities","url":"https://stock-news.laohu8.com/highlight/detail?id=2133150722","media":"Dow Jones","summary":"MW Xpeng expands network of free EV charging stations in China to 1,140, spanning 164 cities\n\n\n  Chi","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Xpeng expands network of free EV charging stations in China to 1,140, spanning 164 cities\n</p>\n<p>\n  Chinese electric vehicle maker Xpeng Motors <a href=\"https://laohu8.com/S/XPEV\">$(XPEV)$</a> said Friday it has now built its Chinese network of charging stations to 1,140, spanning 164 Chinese cities. Xpeng is the first new EV maker in China to offer free lifetime charging services for its customers, the company said in a statement. The most recent additions were 13 stations along the 2,250 kilometer Sichuan to Tibet expressway. Xpeng customers now have access to free charging every 170 km along that route. The company is planning to expand the network to 200 cities in 2021. U.S.-listed shares were up 0.5% premarket, but have fallen 38% in the year to date. \n</p>\n<p>\n  -Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  May 07, 2021 08:39 ET (12:39 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Xpeng expands network of free EV charging stations in China to 1,140, spanning 164 cities</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\">\nXpeng expands network of free EV charging stations in China to 1,140, spanning 164 cities\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-05-07 20:39</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Xpeng expands network of free EV charging stations in China to 1,140, spanning 164 cities\n</p>\n<p>\n  Chinese electric vehicle maker Xpeng Motors <a href=\"https://laohu8.com/S/XPEV\">$(XPEV)$</a> said Friday it has now built its Chinese network of charging stations to 1,140, spanning 164 Chinese cities. Xpeng is the first new EV maker in China to offer free lifetime charging services for its customers, the company said in a statement. The most recent additions were 13 stations along the 2,250 kilometer Sichuan to Tibet expressway. Xpeng customers now have access to free charging every 170 km along that route. The company is planning to expand the network to 200 cities in 2021. U.S.-listed shares were up 0.5% premarket, but have fallen 38% in the year to date. \n</p>\n<p>\n  -Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  May 07, 2021 08:39 ET (12:39 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车","CAAS":"中汽系统"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133150722","content_text":"MW Xpeng expands network of free EV charging stations in China to 1,140, spanning 164 cities\n\n\n  Chinese electric vehicle maker Xpeng Motors $(XPEV)$ said Friday it has now built its Chinese network of charging stations to 1,140, spanning 164 Chinese cities. Xpeng is the first new EV maker in China to offer free lifetime charging services for its customers, the company said in a statement. The most recent additions were 13 stations along the 2,250 kilometer Sichuan to Tibet expressway. Xpeng customers now have access to free charging every 170 km along that route. The company is planning to expand the network to 200 cities in 2021. U.S.-listed shares were up 0.5% premarket, but have fallen 38% in the year to date. \n\n\n  -Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  May 07, 2021 08:39 ET (12:39 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}