LengLeng personal page - To The Moon

LengLeng

LengLeng

No personal profile

76Follow

68Followers

1Topic

0Badge

2024-01-11

Wow nice[Cool] [Cool] [Cool] [Cool]

2024-01-10

Wow nice[Cool] [Cool] [Cool] [Cool] [Cool]

2024-01-09

Have fun[Cool] [Cool] [Cool] [Cool] [Cool]

2024-01-08

Wow nice[Happy] [Happy] [Happy] [Happy]

2024-01-07

That's great[Happy] [Happy] [Happy] [Happy] [Happy]

2024-01-06

Wa nice[Grin] [Grin] [Grin] [Grin] [Grin]

2024-01-05

Oh ya great[Cool] [Cool] [Cool] [Cool] [Cool]

2024-01-05

Good[Happy] [Happy] [Happy] [Happy] [Happy]

2024-01-05

Wow nice[Happy] [Happy] [Happy] [Happy] [Happy]

2024-01-04

Wow Nice[Happy] [Happy] [Happy] [Happy]

2024-01-03

Wow nice[Happy] [Happy] [Happy] [Happy] [Happy]

2024-01-02

Wow nice[Happy] [Happy] [Happy] [Happy] [Happy]

2024-01-01

Nice[Happy] [Happy] [Happy] [Happy]

2023-12-31

Nice game[Cool] [Cool] [Cool]

2023-12-30

Tiger Tycoon

Find out more here: Tiger Tycoon Get ready to WIN up to $888!

2023-12-30

Nice[Cool] [Cool] [Cool] [Cool] [Cool]

2023-12-30

Wow[Happy] [Happy] [Happy]

2023-12-29

Tiger Tycoon

Find out more here: Tiger Tycoon Get ready to WIN up to $888!

2023-12-29

Wow[Happy] [Happy] [Happy]

2023-12-28

$Starbucks(SBUX)$

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":"3582267850069988","uuid":"3582267850069988","gmtCreate":1619176269792,"gmtModify":1622861291026,"name":"LengLeng","pinyin":"lengleng","introduction":"","introductionEn":"","signature":"","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":68,"headSize":76,"tweetSize":688,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":3,"name":"书生虎","nameTw":"書生虎","represent":"努力向上","factor":"发布10条非转发主帖,其中5条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":1,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.01.19","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"80.16%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":3,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":2,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":261886341570696,"gmtCreate":1704947444731,"gmtModify":1704947448924,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582267850069988","authorIdStr":"3582267850069988"},"themes":[],"htmlText":"Wow nice[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;&nbsp;","listText":"Wow nice[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;&nbsp;","text":"Wow nice[Cool] [Cool] [Cool] [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261886341570696","isVote":1,"tweetType":1,"viewCount":570,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261537509110000,"gmtCreate":1704862295012,"gmtModify":1704862299271,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582267850069988","authorIdStr":"3582267850069988"},"themes":[],"htmlText":"Wow nice[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;&nbsp;","listText":"Wow nice[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;&nbsp;","text":"Wow nice[Cool] [Cool] [Cool] [Cool] [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261537509110000","isVote":1,"tweetType":1,"viewCount":742,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":260994938982584,"gmtCreate":1704729950856,"gmtModify":1704729954764,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582267850069988","authorIdStr":"3582267850069988"},"themes":[],"htmlText":"Have fun[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;&nbsp;","listText":"Have fun[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;&nbsp;","text":"Have fun[Cool] [Cool] [Cool] [Cool] [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/260994938982584","isVote":1,"tweetType":1,"viewCount":560,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":260776675377432,"gmtCreate":1704676544675,"gmtModify":1704676548807,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582267850069988","authorIdStr":"3582267850069988"},"themes":[],"htmlText":"Wow nice[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;&nbsp;","listText":"Wow nice[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;&nbsp;","text":"Wow nice[Happy] [Happy] [Happy] [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/260776675377432","isVote":1,"tweetType":1,"viewCount":424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":260456961192152,"gmtCreate":1704598489216,"gmtModify":1704598493618,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582267850069988","authorIdStr":"3582267850069988"},"themes":[],"htmlText":"That's great[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;&nbsp;","listText":"That's great[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;&nbsp;","text":"That's great[Happy] [Happy] [Happy] [Happy] [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/260456961192152","isVote":1,"tweetType":1,"viewCount":673,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259962398511400,"gmtCreate":1704477746878,"gmtModify":1704477751405,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582267850069988","authorIdStr":"3582267850069988"},"themes":[],"htmlText":"Wa nice[Grin]&nbsp;[Grin]&nbsp;[Grin]&nbsp;[Grin]&nbsp;[Grin]&nbsp;&nbsp;","listText":"Wa nice[Grin]&nbsp;[Grin]&nbsp;[Grin]&nbsp;[Grin]&nbsp;[Grin]&nbsp;&nbsp;","text":"Wa nice[Grin] [Grin] [Grin] [Grin] [Grin]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259962398511400","isVote":1,"tweetType":1,"viewCount":685,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259592381595944,"gmtCreate":1704387410717,"gmtModify":1704387413443,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582267850069988","authorIdStr":"3582267850069988"},"themes":[],"htmlText":"Oh ya great[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;&nbsp;","listText":"Oh ya great[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;&nbsp;","text":"Oh ya great[Cool] [Cool] [Cool] [Cool] [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259592381595944","isVote":1,"tweetType":1,"viewCount":525,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259591865331760,"gmtCreate":1704387393075,"gmtModify":1704387397087,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582267850069988","authorIdStr":"3582267850069988"},"themes":[],"htmlText":"Good[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;&nbsp;","listText":"Good[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;&nbsp;","text":"Good[Happy] [Happy] [Happy] [Happy] [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259591865331760","isVote":1,"tweetType":1,"viewCount":506,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259592261238920,"gmtCreate":1704387366524,"gmtModify":1704387370897,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582267850069988","authorIdStr":"3582267850069988"},"themes":[],"htmlText":"Wow nice[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;&nbsp;","listText":"Wow nice[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;&nbsp;","text":"Wow nice[Happy] [Happy] [Happy] [Happy] [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259592261238920","isVote":1,"tweetType":1,"viewCount":542,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259420711121072,"gmtCreate":1704345495557,"gmtModify":1704345502159,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582267850069988","authorIdStr":"3582267850069988"},"themes":[],"htmlText":"Wow Nice[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;&nbsp;","listText":"Wow Nice[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;&nbsp;","text":"Wow Nice[Happy] [Happy] [Happy] [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259420711121072","isVote":1,"tweetType":1,"viewCount":465,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":258956322107408,"gmtCreate":1704255772977,"gmtModify":1704255777231,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582267850069988","authorIdStr":"3582267850069988"},"themes":[],"htmlText":"Wow nice[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;&nbsp;","listText":"Wow nice[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;&nbsp;","text":"Wow nice[Happy] [Happy] [Happy] [Happy] [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/258956322107408","isVote":1,"tweetType":1,"viewCount":163,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":258609892712504,"gmtCreate":1704171214745,"gmtModify":1704171218854,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582267850069988","authorIdStr":"3582267850069988"},"themes":[],"htmlText":"Wow nice[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;&nbsp;","listText":"Wow nice[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;&nbsp;","text":"Wow nice[Happy] [Happy] [Happy] [Happy] [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/258609892712504","isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":258288436084936,"gmtCreate":1704092694873,"gmtModify":1704092699366,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582267850069988","authorIdStr":"3582267850069988"},"themes":[],"htmlText":"Nice[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;&nbsp;","listText":"Nice[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;&nbsp;","text":"Nice[Happy] [Happy] [Happy] [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/258288436084936","isVote":1,"tweetType":1,"viewCount":219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":257733979865280,"gmtCreate":1703957231983,"gmtModify":1703957236145,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582267850069988","authorIdStr":"3582267850069988"},"themes":[],"htmlText":"Nice game[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;&nbsp;","listText":"Nice game[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;&nbsp;","text":"Nice game[Cool] [Cool] [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/257733979865280","isVote":1,"tweetType":1,"viewCount":249,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":257521540976704,"gmtCreate":1703905354661,"gmtModify":1703906327985,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582267850069988","authorIdStr":"3582267850069988"},"themes":[],"title":"Tiger Tycoon","htmlText":"Find out more here: <a href=\"https://www.heytigers.com/activity/market/2024/tiger-tycoon?adcode=20231208151108&amp;skin=1&amp;os=iOS&amp;account_id=50938469&amp;utm_source=invite&amp;utm_campaign=20231208151108&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=9450ac06b88b84da3e195e730ffbecc9&amp;invite=KDTH5L&amp;lang=en_US#/\">Tiger Tycoon</a> Get ready to WIN up to $888!","listText":"Find out more here: <a href=\"https://www.heytigers.com/activity/market/2024/tiger-tycoon?adcode=20231208151108&amp;skin=1&amp;os=iOS&amp;account_id=50938469&amp;utm_source=invite&amp;utm_campaign=20231208151108&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=9450ac06b88b84da3e195e730ffbecc9&amp;invite=KDTH5L&amp;lang=en_US#/\">Tiger Tycoon</a> Get ready to WIN up to $888!","text":"Find out more here: Tiger Tycoon Get ready to WIN up to $888!","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/257521540976704","isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":257521374052544,"gmtCreate":1703905326268,"gmtModify":1703905330399,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582267850069988","authorIdStr":"3582267850069988"},"themes":[],"htmlText":"Nice[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;&nbsp;","listText":"Nice[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;[Cool]&nbsp;&nbsp;","text":"Nice[Cool] [Cool] [Cool] [Cool] [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/257521374052544","isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":257521251827976,"gmtCreate":1703905300675,"gmtModify":1703905304747,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582267850069988","authorIdStr":"3582267850069988"},"themes":[],"htmlText":"Wow[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;&nbsp;","listText":"Wow[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;&nbsp;","text":"Wow[Happy] [Happy] [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/257521251827976","isVote":1,"tweetType":1,"viewCount":120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":257014052925632,"gmtCreate":1703781468570,"gmtModify":1703785131190,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582267850069988","authorIdStr":"3582267850069988"},"themes":[],"title":"Tiger Tycoon","htmlText":"Find out more here: <a href=\"https://www.heytigers.com/activity/market/2024/tiger-tycoon?adcode=20231208151108&amp;skin=1&amp;os=iOS&amp;account_id=50938469&amp;utm_source=invite&amp;utm_campaign=20231208151108&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=064d4836de1f85eb77189fbb76c1241f&amp;invite=KDTH5L&amp;lang=en_US#/\">Tiger Tycoon</a> Get ready to WIN up to $888!","listText":"Find out more here: <a href=\"https://www.heytigers.com/activity/market/2024/tiger-tycoon?adcode=20231208151108&amp;skin=1&amp;os=iOS&amp;account_id=50938469&amp;utm_source=invite&amp;utm_campaign=20231208151108&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=064d4836de1f85eb77189fbb76c1241f&amp;invite=KDTH5L&amp;lang=en_US#/\">Tiger Tycoon</a> Get ready to WIN up to $888!","text":"Find out more here: Tiger Tycoon Get ready to WIN up to $888!","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/257014052925632","isVote":1,"tweetType":1,"viewCount":135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":257013831541000,"gmtCreate":1703781418768,"gmtModify":1703781422018,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582267850069988","authorIdStr":"3582267850069988"},"themes":[],"htmlText":"Wow[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;&nbsp;","listText":"Wow[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;&nbsp;","text":"Wow[Happy] [Happy] [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/257013831541000","isVote":1,"tweetType":1,"viewCount":97,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":256780678713392,"gmtCreate":1703724586358,"gmtModify":1703724590068,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582267850069988","authorIdStr":"3582267850069988"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SBUX\">$Starbucks(SBUX)$&nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/SBUX\">$Starbucks(SBUX)$&nbsp;</a>","text":"$Starbucks(SBUX)$","images":[{"img":"https://community-static.tradeup.com/news/7ef8cf4c4ce52c802e80cb06cfe5bf1d","width":"1092","height":"1717"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/256780678713392","isVote":1,"tweetType":1,"viewCount":200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":256780678713392,"gmtCreate":1703724586358,"gmtModify":1703724590068,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582267850069988","idStr":"3582267850069988"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SBUX\">$Starbucks(SBUX)$&nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/SBUX\">$Starbucks(SBUX)$&nbsp;</a>","text":"$Starbucks(SBUX)$","images":[{"img":"https://community-static.tradeup.com/news/7ef8cf4c4ce52c802e80cb06cfe5bf1d","width":"1092","height":"1717"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/256780678713392","isVote":1,"tweetType":1,"viewCount":200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9964847826,"gmtCreate":1670124073765,"gmtModify":1676538306926,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582267850069988","idStr":"3582267850069988"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9964847826","repostId":"2288925832","repostType":4,"repost":{"id":"2288925832","kind":"highlight","pubTimestamp":1670121245,"share":"https://ttm.financial/m/news/2288925832?lang=&edition=fundamental","pubTime":"2022-12-04 10:34","market":"us","language":"en","title":"NIO And XPeng: Don't Choose The One Getting Squeezed Out","url":"https://stock-news.laohu8.com/highlight/detail?id=2288925832","media":"seekingalpha","summary":"ThesisLeading Chinese pure-play EV makers NIO Inc. (NYSE:NIO) and XPeng Inc. (NYSE:XPEV) enjoyed a solid recovery in November. XPEV posted a 1M total return of 55.5% as the market forced bearish inves","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/0148afb1415d9966a462d316514fd0e2\" tg-width=\"750\" tg-height=\"500\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><h2>Thesis</h2><p>Leading Chinese pure-play EV makers NIO Inc. (NYSE:NIO) and XPeng Inc. (NYSE:XPEV) enjoyed a solid recovery in November. XPEV posted a 1M total return of 55.5% as the market forced bearish investors/weak holders to flee at its October lows. In contrast, NIO posted a 1M total return of 24.5%, as buying sentiments returned strongly to China&#39;s embattled pure-play BEV makers.</p><p>Notwithstanding, Chinese EV bears will point out that both stocks remain well below their starting point in 2022. Accordingly, XPEV&#39;s YTD total return of -80% suggests buyers have been decimated, while NIO posted a better YTD performance of -62%.</p><p>Hence, we believe it&#39;s opportune to update investors on whether the buying opportunity on the recent rally still has legs, as China seems to be progressively easing its COVID restrictions.</p><p>Our assessment indicates that one company has executed much better as China&#39;s economy worsened in 2022. China&#39;s stringent COVID restrictions and harsh property cooling measures have weakened its GDP growth significantly. Accordingly, China&#39;s manufacturing PMI also came below consensus estimates, behooving China to accelerate its reopening moves.</p><p>Coupled with heightened competition, higher input costs, supply chain disruptions, and a weaker economy, NIO has proved its mettle against XPeng. However, both companies remain unprofitable. With a narrowed route toward external financing, given the current market conditions, we believe investors will likely focus on the company that has executed better, with clearer visibility toward reaching profitability.</p><p>We believe the competitive landscape would likely intensify further. Legacy OEMs such as General Motors (GM), Ford (F), and Volkswagen (OTCPK:VWAGY) have telegraphed ambitious plans to assume EV leadership by 2025/26. In addition, China&#39;s NEV leader BYD Company (OTCPK:BYDDY) has continued to penetrate the EV market further, consolidating its position as the global NEV leader (including hybrids) in Q3&#39;22, ahead of Tesla (TSLA).</p><p>Therefore, we urge investors to consider the business models and execution prowess of NIO and XPeng carefully as they take on profitable leading auto behemoths as they chart their path to profitability.</p><p>We discuss why we continue to put our bet in NIO as a potential multi-bagger speculative opportunity ahead of XPEV.</p><p>Maintain Speculative Buy on NIO and Hold on XPEV.</p><h2>Competition In China Has Intensified</h2><p>China&#39;s economic malaise has battered its consumer discretionary spending, including automobiles. Yet, China&#39;s leading NEV makers have made robust progress in 2022.</p><p>For instance, BYD delivered more than 230K of NEV in November, notching another monthly record, up nearly 153% YoY. Notably, BYD has continued to post consistent MoM gains since April 2022, corroborating the resilience of its highly vertically-integrated operating model.</p><p>Moreover, Volkswagen has continued to invest heavily in its prized Chinese market. General Motors have also stepped up on its endeavor, looking to introduce 15 EV models for the Chinese market by 2025.</p><p>Hence, we postulate that the competitive landscape in China could indicate that some unprofitable/less profitable upstarts could be squeezed out of the leading pack subsequently. With NIO and XPeng continuing to struggle for profitability, it&#39;s vital to assess which company could emerge as the stronger competitor to take on these behemoths.</p><p>Furthermore, China&#39;s NEV subsidies are due to be eliminated by 2023, even though Chinese media reported that there could be some revisions. Notwithstanding, it could neutralize/lessen a constructive tailwind that has driven sales over the past few years.</p><p>Therefore the market outlook remains uncertain while competition has intensified. As such, nothing short of excellent execution is required to navigate these challenges. And it&#39;s one that XPeng has fallen short in 2022.</p><h2>XPeng Restructures</h2><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61e462b6ef38ba6c0893c716ae23dcdc\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"/><span>XPeng Vehicle margins % (Company filings)</span></p><p>Given XPeng&#39;s low vehicle margins operating model, it&#39;s imperative for the company to continue posting robust production and deliveries growth to benefit significantly from fixed costs leverage.</p><p>However, XPeng&#39;s massive Q3 deliveries disappointment highlighted the execution weakness in a challenging macro and supply chain environment, in which leaders BYD and NIO performed admirably.</p><p>With a vehicle margin of just 11.6% in Q3 (up from Q2&#39;s 9.1%), XPeng&#39;s profitability has improved QoQ.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5e172d47aa15683ff6c89cf5c9e8dbd2\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"/><span>XPeng Deliveries (Company filings)</span></p><p>However, the company posted deliveries growth of just 15% in FQ3; a massive downshift from FQ2&#39;s 98%. As such, we believe it triggered a rethinking of its strategies, leading the company to announce an organizational restructuring, as CEO He Xiaoping emphasized:</p><blockquote>Frankly, we&#39;re going through a very challenging period in pursuing our long-term goals. In response, we recently conducted an in-depth strategic review and implemented organizational restructure. As market competition intensifies, we&#39;ll sharpen our marketing to highlight the great value in our industry-leading smart and electrification technologies and further enhance our branding, sales, and service capabilities. (XPeng FQ3&#39;22 earnings call)</blockquote><p>Hence, we believe there&#39;s little doubt that the increasingly competitive landscape hammered XPeng&#39;s execution. Therefore, moving forward, we think it&#39;s better to watch the action from the sidelines unless you have a very high conviction in XPeng&#39;s management.</p><p>XPeng announced October and November deliveries of 5.1K and 5.81K, respectively. As such, the company needs to deliver about 9.59K of NEV (midpoint) in Q4, predicated on the ramp of its G9. XPeng emphasized: &#34;The Company expects that deliveries will significantly increase in December 2022 as G9&#39;s production ramp-up accelerates under normalized operating conditions.&#34;</p><p>We believe that XPEV&#39;s battering toward its October lows has likely reflected significant pessimism. But, we don&#39;t think the recent rally is sustainable, as its price action suggests a massive covering rally.</p><p>As such, we urge investors thinking of cutting exposure to leverage on the recent recovery to take some risks off the table and rotate.</p><h2>Rotate To NIO<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b388563a2b413a07256e586ffbaa59a0\" tg-width=\"640\" tg-height=\"395\" width=\"100%\" height=\"auto\"/><span>NIO Deliveries (Company filings)</span></p></h2><p>NIO posted 14.18K in NEV deliveries for November, up nearly 41% MoM. As such, NIO demonstrated that its premium EV strategy is working well, despite China&#39;s economic malaise.</p><p>While China&#39;s COVID restrictions have impacted its production cadence, we believe it could be less material moving forward as China progressively eases.</p><p>Hence, NIO should be able to focus primarily on its execution as it looks to deliver its Q4 guidance of 45.5K NEVs (midpoint). The company appears confident in its recent deliveries outlook as NIO emphasized: &#34;NIO will further accelerate the production and delivery in December 2022.&#34;</p><p>NIO CEO William Li also telegraphed recently why it&#39;s critical for NIO to remain deeply entrenched as one of China&#39;s leading NEV leaders, given intensifying competition. Li accentuated:</p><blockquote>If a company is squeezed into the second tier in the final round [of competition in 2024/25], it is basically impossible for it to catch up to the first tier if it wants to. You can only be a second-tier languishing, barely alive person. - CnEVPost</blockquote><p>Therefore, we believe it&#39;s no surprise that the timeline aligns well with the milestones indicated by the legacy OEMs makers as they transform into EV companies.</p><p>Don&#39;t assume these OEM makers are &#34;dead&#34; yet, as they invest profits from their ICE segments to take on unprofitable EV makers. The battle is far from over, and we believe only the fittest EV makers could survive the increasingly competitive landscape.</p><h2>Is NIO Or XPEV Stock A Buy, Sell, Or Hold?</h2><p><i>Maintain Speculative Buy on NIO and Hold on XPEV.</i></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fbee3aba450db5a7c84dee25b0094d59\" tg-width=\"640\" tg-height=\"340\" width=\"100%\" height=\"auto\"/><span>XPEV price chart (weekly) (TradingView)</span></p><p>The market had gotten XPEV spot on, knowing that it could face significant competitive pressures that could impact its operating model considerably.</p><p>As such, the market&#39;s battering from its June highs has likely reflected its positioning. Hence, the recent sharp rally from its October lows resembled a covering move from bearish investors taking profit and cutting exposure.</p><p>As such, we urge investors not to join this rally but consider taking the opportunity to take some risks off the table.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/315a624b01e18068ea47037b78f4f8b6\" tg-width=\"640\" tg-height=\"340\" width=\"100%\" height=\"auto\"/><span>NIO price chart (weekly) (TradingView)</span></p><p>NIO&#39;s price action looks much more robust than XPEV, with no clear signs of a massive covering rally. Therefore, buyers are likely accumulating, trapping bearish investors at its long-term support and holding that defense line constructively.</p><p>Hence, we believe the opportunity for a mean-reversion rally for NIO is still attractive at these levels. XPEV investors who decide to cut exposure can consider rotating some exposure to NIO to take them toward the next stage of the competition in China&#39;s increasingly competitive EV market.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO And XPeng: Don't Choose The One Getting Squeezed Out</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\">\nNIO And XPeng: Don't Choose The One Getting Squeezed Out\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-04 10:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4562162-nio-vs-xpeng-dont-choose-one-getting-squeezed-out><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ThesisLeading Chinese pure-play EV makers NIO Inc. (NYSE:NIO) and XPeng Inc. (NYSE:XPEV) enjoyed a solid recovery in November. XPEV posted a 1M total return of 55.5% as the market forced bearish ...</p>\n\n<a href=\"https://seekingalpha.com/article/4562162-nio-vs-xpeng-dont-choose-one-getting-squeezed-out\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/article/4562162-nio-vs-xpeng-dont-choose-one-getting-squeezed-out","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2288925832","content_text":"ThesisLeading Chinese pure-play EV makers NIO Inc. (NYSE:NIO) and XPeng Inc. (NYSE:XPEV) enjoyed a solid recovery in November. XPEV posted a 1M total return of 55.5% as the market forced bearish investors/weak holders to flee at its October lows. In contrast, NIO posted a 1M total return of 24.5%, as buying sentiments returned strongly to China's embattled pure-play BEV makers.Notwithstanding, Chinese EV bears will point out that both stocks remain well below their starting point in 2022. Accordingly, XPEV's YTD total return of -80% suggests buyers have been decimated, while NIO posted a better YTD performance of -62%.Hence, we believe it's opportune to update investors on whether the buying opportunity on the recent rally still has legs, as China seems to be progressively easing its COVID restrictions.Our assessment indicates that one company has executed much better as China's economy worsened in 2022. China's stringent COVID restrictions and harsh property cooling measures have weakened its GDP growth significantly. Accordingly, China's manufacturing PMI also came below consensus estimates, behooving China to accelerate its reopening moves.Coupled with heightened competition, higher input costs, supply chain disruptions, and a weaker economy, NIO has proved its mettle against XPeng. However, both companies remain unprofitable. With a narrowed route toward external financing, given the current market conditions, we believe investors will likely focus on the company that has executed better, with clearer visibility toward reaching profitability.We believe the competitive landscape would likely intensify further. Legacy OEMs such as General Motors (GM), Ford (F), and Volkswagen (OTCPK:VWAGY) have telegraphed ambitious plans to assume EV leadership by 2025/26. In addition, China's NEV leader BYD Company (OTCPK:BYDDY) has continued to penetrate the EV market further, consolidating its position as the global NEV leader (including hybrids) in Q3'22, ahead of Tesla (TSLA).Therefore, we urge investors to consider the business models and execution prowess of NIO and XPeng carefully as they take on profitable leading auto behemoths as they chart their path to profitability.We discuss why we continue to put our bet in NIO as a potential multi-bagger speculative opportunity ahead of XPEV.Maintain Speculative Buy on NIO and Hold on XPEV.Competition In China Has IntensifiedChina's economic malaise has battered its consumer discretionary spending, including automobiles. Yet, China's leading NEV makers have made robust progress in 2022.For instance, BYD delivered more than 230K of NEV in November, notching another monthly record, up nearly 153% YoY. Notably, BYD has continued to post consistent MoM gains since April 2022, corroborating the resilience of its highly vertically-integrated operating model.Moreover, Volkswagen has continued to invest heavily in its prized Chinese market. General Motors have also stepped up on its endeavor, looking to introduce 15 EV models for the Chinese market by 2025.Hence, we postulate that the competitive landscape in China could indicate that some unprofitable/less profitable upstarts could be squeezed out of the leading pack subsequently. With NIO and XPeng continuing to struggle for profitability, it's vital to assess which company could emerge as the stronger competitor to take on these behemoths.Furthermore, China's NEV subsidies are due to be eliminated by 2023, even though Chinese media reported that there could be some revisions. Notwithstanding, it could neutralize/lessen a constructive tailwind that has driven sales over the past few years.Therefore the market outlook remains uncertain while competition has intensified. As such, nothing short of excellent execution is required to navigate these challenges. And it's one that XPeng has fallen short in 2022.XPeng RestructuresXPeng Vehicle margins % (Company filings)Given XPeng's low vehicle margins operating model, it's imperative for the company to continue posting robust production and deliveries growth to benefit significantly from fixed costs leverage.However, XPeng's massive Q3 deliveries disappointment highlighted the execution weakness in a challenging macro and supply chain environment, in which leaders BYD and NIO performed admirably.With a vehicle margin of just 11.6% in Q3 (up from Q2's 9.1%), XPeng's profitability has improved QoQ.XPeng Deliveries (Company filings)However, the company posted deliveries growth of just 15% in FQ3; a massive downshift from FQ2's 98%. As such, we believe it triggered a rethinking of its strategies, leading the company to announce an organizational restructuring, as CEO He Xiaoping emphasized:Frankly, we're going through a very challenging period in pursuing our long-term goals. In response, we recently conducted an in-depth strategic review and implemented organizational restructure. As market competition intensifies, we'll sharpen our marketing to highlight the great value in our industry-leading smart and electrification technologies and further enhance our branding, sales, and service capabilities. (XPeng FQ3'22 earnings call)Hence, we believe there's little doubt that the increasingly competitive landscape hammered XPeng's execution. Therefore, moving forward, we think it's better to watch the action from the sidelines unless you have a very high conviction in XPeng's management.XPeng announced October and November deliveries of 5.1K and 5.81K, respectively. As such, the company needs to deliver about 9.59K of NEV (midpoint) in Q4, predicated on the ramp of its G9. XPeng emphasized: \"The Company expects that deliveries will significantly increase in December 2022 as G9's production ramp-up accelerates under normalized operating conditions.\"We believe that XPEV's battering toward its October lows has likely reflected significant pessimism. But, we don't think the recent rally is sustainable, as its price action suggests a massive covering rally.As such, we urge investors thinking of cutting exposure to leverage on the recent recovery to take some risks off the table and rotate.Rotate To NIONIO Deliveries (Company filings)NIO posted 14.18K in NEV deliveries for November, up nearly 41% MoM. As such, NIO demonstrated that its premium EV strategy is working well, despite China's economic malaise.While China's COVID restrictions have impacted its production cadence, we believe it could be less material moving forward as China progressively eases.Hence, NIO should be able to focus primarily on its execution as it looks to deliver its Q4 guidance of 45.5K NEVs (midpoint). The company appears confident in its recent deliveries outlook as NIO emphasized: \"NIO will further accelerate the production and delivery in December 2022.\"NIO CEO William Li also telegraphed recently why it's critical for NIO to remain deeply entrenched as one of China's leading NEV leaders, given intensifying competition. Li accentuated:If a company is squeezed into the second tier in the final round [of competition in 2024/25], it is basically impossible for it to catch up to the first tier if it wants to. You can only be a second-tier languishing, barely alive person. - CnEVPostTherefore, we believe it's no surprise that the timeline aligns well with the milestones indicated by the legacy OEMs makers as they transform into EV companies.Don't assume these OEM makers are \"dead\" yet, as they invest profits from their ICE segments to take on unprofitable EV makers. The battle is far from over, and we believe only the fittest EV makers could survive the increasingly competitive landscape.Is NIO Or XPEV Stock A Buy, Sell, Or Hold?Maintain Speculative Buy on NIO and Hold on XPEV.XPEV price chart (weekly) (TradingView)The market had gotten XPEV spot on, knowing that it could face significant competitive pressures that could impact its operating model considerably.As such, the market's battering from its June highs has likely reflected its positioning. Hence, the recent sharp rally from its October lows resembled a covering move from bearish investors taking profit and cutting exposure.As such, we urge investors not to join this rally but consider taking the opportunity to take some risks off the table.NIO price chart (weekly) (TradingView)NIO's price action looks much more robust than XPEV, with no clear signs of a massive covering rally. Therefore, buyers are likely accumulating, trapping bearish investors at its long-term support and holding that defense line constructively.Hence, we believe the opportunity for a mean-reversion rally for NIO is still attractive at these levels. XPEV investors who decide to cut exposure can consider rotating some exposure to NIO to take them toward the next stage of the competition in China's increasingly competitive EV market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9967058239,"gmtCreate":1670236805322,"gmtModify":1676538326402,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582267850069988","idStr":"3582267850069988"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9967058239","repostId":"2288818903","repostType":4,"repost":{"id":"2288818903","kind":"highlight","pubTimestamp":1670254283,"share":"https://ttm.financial/m/news/2288818903?lang=&edition=fundamental","pubTime":"2022-12-05 23:31","market":"us","language":"en","title":"3 Stocks Warren Buffett Is Likely Buying in December","url":"https://stock-news.laohu8.com/highlight/detail?id=2288818903","media":"Motley Fool","summary":"We can't know for sure yet if Buffett is adding to his positions in these companies -- but it's a pretty good bet that he is.","content":"<html><head></head><body><p>Warren Buffett doesn&#39;t get in a hurry to invest. Even with the stock market in retreat this year, he has led <b>Berkshire Hathaway</b> to maintain a massive cash stockpile of more than $100 billion.</p><p>But Buffett has definitely been buying some stocks, including stakes in eight companies in the third quarter alone. There&#39;s also a good chance he&#39;s still on the hunt for opportunities as 2022 draws to a close. Here are three stocks Buffett is likely buying in December.</p><h2>1. Berkshire Hathaway</h2><p>We can put Berkshire Hathaway itself at the top of the list of stocks Buffett is probably buying this month. As my colleague Sean Williams recently pointed out, over the last six years, the legendary investor&#39;s giant conglomerate has bought $9 billion more of its own stock than it has of <b>Apple</b> and <b>Chevron</b> combined.</p><p>These purchases have been made via Berkshire&#39;s stock buybacks. Buffett and his longtime business partner Charlie Munger basically have an open checkbook for the company to repurchase shares when they think the stock is attractively priced.</p><p>In the first nine months of this year, the conglomerate bought back $5.2 billion worth of its shares, including $1 billion worth in Q3.</p><p>That doesn&#39;t mean Buffett is necessarily continuing to buy back Berkshire Hathaway shares, of course. However, I&#39;d be surprised if he isn&#39;t doing so. The share price is lower now than it was during much of the first half of the year.</p><h2>2. Jefferies Financial Group</h2><p>It was looking for a while like Buffett had largely lost his ardor for bank stocks. However, he zigged when many might have thought he&#39;d zag in Q3 by initiating a position in <b>Jefferies Financial Group</b>.</p><p>Granted, Jefferies is a different kind of financial institution than the ones Buffett has favored in the past. It focuses exclusively on investment banking rather than commercial banking. It&#39;s also much smaller than other banks that have been or still are in the Berkshire Hathaway portfolio.</p><p>I think the odds are high that Buffett bought more shares of Jefferies in Q4, and that activity has potentially continued into December. Why? Because Berkshire Hathaway only owned a very small stake in the company at the end of Q3.</p><p>This doesn&#39;t guarantee that Buffett added to his position in Jefferies this quarter or is buying more shares in December. However, the unusually small initial stake in the financial company could indicate that those Q3 purchases were made near the end of the quarter, and that more buying followed.</p><h2>3. Occidental Petroleum</h2><p>Buffett has been backing up the truck and loading up on <b>Occidental Petroleum</b> this year. It&#39;s a big and bold bet that&#39;s already paying off. Oxy&#39;s shares have skyrocketed by more than 130% year to date.</p><p>His buying frenzy with Occidental began in the first quarter and continued into the second and third. Based on the latest information available, Berkshire now owns 21.4% of Occidental.</p><p>There are two main reasons why I suspect Buffett either has bought more shares of Occidental stock this quarter or will buy more in December. For one thing, Berkshire obtained regulatory approval in August to acquire up to 50% of the oil company. I don&#39;t think that the conglomerate would have pursued that thumbs-up if there wasn&#39;t a plan for it to buy a lot more shares of Occidental Petroleum.</p><p>The more important factor, though -- in my view -- is that Buffett believes that Occidental is a smart investment. The stock remains attractively valued despite its huge gains this year. Buffett also probably expects the tailwinds for the energy sector will continue to blow strongly into 2023 and perhaps beyond.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Stocks Warren Buffett Is Likely Buying in December</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 Stocks Warren Buffett Is Likely Buying in December\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-05 23:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/12/04/3-stocks-warren-buffett-likely-buying-december/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Warren Buffett doesn't get in a hurry to invest. Even with the stock market in retreat this year, he has led Berkshire Hathaway to maintain a massive cash stockpile of more than $100 billion.But ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/12/04/3-stocks-warren-buffett-likely-buying-december/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OXY":"西方石油","BRK.A":"伯克希尔","BRK.B":"伯克希尔B","JEF":"杰富瑞"},"source_url":"https://www.fool.com/investing/2022/12/04/3-stocks-warren-buffett-likely-buying-december/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2288818903","content_text":"Warren Buffett doesn't get in a hurry to invest. Even with the stock market in retreat this year, he has led Berkshire Hathaway to maintain a massive cash stockpile of more than $100 billion.But Buffett has definitely been buying some stocks, including stakes in eight companies in the third quarter alone. There's also a good chance he's still on the hunt for opportunities as 2022 draws to a close. Here are three stocks Buffett is likely buying in December.1. Berkshire HathawayWe can put Berkshire Hathaway itself at the top of the list of stocks Buffett is probably buying this month. As my colleague Sean Williams recently pointed out, over the last six years, the legendary investor's giant conglomerate has bought $9 billion more of its own stock than it has of Apple and Chevron combined.These purchases have been made via Berkshire's stock buybacks. Buffett and his longtime business partner Charlie Munger basically have an open checkbook for the company to repurchase shares when they think the stock is attractively priced.In the first nine months of this year, the conglomerate bought back $5.2 billion worth of its shares, including $1 billion worth in Q3.That doesn't mean Buffett is necessarily continuing to buy back Berkshire Hathaway shares, of course. However, I'd be surprised if he isn't doing so. The share price is lower now than it was during much of the first half of the year.2. Jefferies Financial GroupIt was looking for a while like Buffett had largely lost his ardor for bank stocks. However, he zigged when many might have thought he'd zag in Q3 by initiating a position in Jefferies Financial Group.Granted, Jefferies is a different kind of financial institution than the ones Buffett has favored in the past. It focuses exclusively on investment banking rather than commercial banking. It's also much smaller than other banks that have been or still are in the Berkshire Hathaway portfolio.I think the odds are high that Buffett bought more shares of Jefferies in Q4, and that activity has potentially continued into December. Why? Because Berkshire Hathaway only owned a very small stake in the company at the end of Q3.This doesn't guarantee that Buffett added to his position in Jefferies this quarter or is buying more shares in December. However, the unusually small initial stake in the financial company could indicate that those Q3 purchases were made near the end of the quarter, and that more buying followed.3. Occidental PetroleumBuffett has been backing up the truck and loading up on Occidental Petroleum this year. It's a big and bold bet that's already paying off. Oxy's shares have skyrocketed by more than 130% year to date.His buying frenzy with Occidental began in the first quarter and continued into the second and third. Based on the latest information available, Berkshire now owns 21.4% of Occidental.There are two main reasons why I suspect Buffett either has bought more shares of Occidental stock this quarter or will buy more in December. For one thing, Berkshire obtained regulatory approval in August to acquire up to 50% of the oil company. I don't think that the conglomerate would have pursued that thumbs-up if there wasn't a plan for it to buy a lot more shares of Occidental Petroleum.The more important factor, though -- in my view -- is that Buffett believes that Occidental is a smart investment. The stock remains attractively valued despite its huge gains this year. Buffett also probably expects the tailwinds for the energy sector will continue to blow strongly into 2023 and perhaps beyond.","news_type":1},"isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9963910185,"gmtCreate":1668563868848,"gmtModify":1676538076629,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582267850069988","idStr":"3582267850069988"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9963910185","repostId":"1185933105","repostType":4,"repost":{"id":"1185933105","kind":"news","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":1668561426,"share":"https://ttm.financial/m/news/1185933105?lang=&edition=fundamental","pubTime":"2022-11-16 09:17","market":"us","language":"en","title":"Slower U.S. Producer Price Growth Adds to Improving Inflation Outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=1185933105","media":"Reuters","summary":"SummaryProducer prices increase 0.2% in OctoberPPI excluding food, energy, trade climbs 0.2%PPI rise","content":"<html><head></head><body><p>Summary</p><ul><li>Producer prices increase 0.2% in October</li><li>PPI excluding food, energy, trade climbs 0.2%</li><li>PPI rises 8.0% year-on-year; Core PPI up 5.4%</li></ul><p>(Reuters) - U.S. producer prices increased less than expected in October as services fell for the first time in nearly two years, offering more evidence that inflation was starting to subside, potentially allowing the Federal Reserve to slow its aggressive pace of interest rate hikes.</p><p>The report from the Labor Department on Tuesday also showed a decline in the cost of wholesale goods excluding food and energy, reflecting improved supply chains as well as slowing demand from higher borrowing costs. This supports economists&#39; views that goods disinflation was underway.</p><p>Data last week showed consumer prices rose less than expected in October, pushing the annual increase below 8% for the first time in eight months.</p><p>&#34;This report will add to the narrative that inflation has peaked and, in particular, that pressures from the goods sector may be easing,&#34; said Conrad DeQuadros, senior economic advisor at Brean Capital in New York.</p><p>The producer price index for final demand rose 0.2% last month. Data for September was revised lower to show the PPI rebounding 0.2% instead of 0.4% as previously reported. In the 12 months through October, the PPI increased 8.0%. That was the smallest year-on-year increase since July 2021 and followed an 8.4% advance in September.</p><p>Economists polled by Reuters had forecast the PPI rising 0.4% and advancing 8.3% year-on-year.</p><p>A 0.6% increase in the price of goods accounted for the increase in the PPI last month. Goods prices rose 0.3% in September. Gasoline jumped 5.7%, making up 60% of the rise in goods prices. Food prices rose 0.5%, lifted by fresh and dry vegetables as well as eggs.</p><p>Excluding food and energy, goods prices dipped 0.1%. That was the first decrease in the so-called core goods prices since May 2020 and followed an unchanged reading in September. The department&#39;s consumer inflation report last week showed consumer core goods prices also declined in October.</p><p>Core goods disinflation has been at the center of economists expectations for a significant moderation in inflation next year. Goldman Sachs on Sunday said it expected underlying inflation to slowdown considerably, with goods prices falling.</p><p>The rotation of spending back to labor-intensive services and a still-tight jobs market will, however, likely keep inflation above the Fed&#39;s 2% target.</p><p>The U.S. central bank early this month delivered a fourth consecutive 75-basis-point interest rate hike, but signaled it may be nearing an inflection point in what has become the fastest rate hiking cycle since the 1980s.</p><p>Financial markets are betting that the Fed would shift to a half-point rate hike at the Dec. 13-14 policy meeting, according to the CME FedWatch Tool.</p><p>Stocks on Wall Street rallied. The dollar slipped against a basket of currencies. U.S. Treasury yields fell.</p><p>MODERATE READINGS</p><p>Despite the fourth straight month of moderate PPI readings, some economists said it was premature to conclude that the Fed would pivot from its aggressive tightening path, noting that inflation had previously shown signs of cooling only to heat up again. They also pointed out services inflation remained hot, despite the dip in wholesale services prices in October.</p><p>&#34;The Fed cares about producer prices to the extent they pass through to consumer prices,&#34; said Will Compernolle, senior economist at FHN Financial in New York. &#34;The most stubborn parts of CPI inflation in core services, like shelter, won&#39;t be influenced anytime soon from improvements in producer prices.&#34;</p><p>Services fell 0.1%, the first decline since November 2020, after rising 0.2% in September. There were decreases in trade services, which measure changes in profits received by wholesalers and retailers. Prices for transportation and warehousing services fell 0.2%.</p><p>The costs of portfolio management, long-distance motor carrying, automobile retailing as well as professional and commercial equipment wholesaling also declined.</p><p>But prices for hospital inpatient care increased 0.8%. There were also increases in prices for securities brokerage and dealing, apparel wholesaling and airline passenger services. Airline tickets rose 2.1%.</p><p>Services excluding trade, transportation and warehousing increased 0.2%. Core services shot up 0.5% in September.</p><p>Excluding the volatile food, energy and trade services components, producer prices rose 0.2% in October. The core PPI advanced 0.3% in September. In the 12 months through October, the core PPI rose 5.4% after increasing 5.6% in September.</p><p>With the CPI and PPI data in hand, economists estimate that the core personal consumption expenditures (PCE) price index gained between 0.2% and 0.3% in October after climbing 0.5% in September. The core PCE price index is forecast rising 5.0% on a year-on-year basis after increasing 5.1% in September. The Fed tracks the PCE price indexes for its inflation target.</p><p>Some worried about the rise in most medical services components in October, which they said were driven by wages.</p><p>&#34;This could be an even more concerning inflation dynamic for Fed officials that have been hesitant to acknowledge wages as a driver of strong price inflation,&#34; said Veronica Clark, an economist at Citigroup in New York.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Slower U.S. Producer Price Growth Adds to Improving Inflation Outlook</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\">\nSlower U.S. Producer Price Growth Adds to Improving Inflation Outlook\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\">2022-11-16 09:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Summary</p><ul><li>Producer prices increase 0.2% in October</li><li>PPI excluding food, energy, trade climbs 0.2%</li><li>PPI rises 8.0% year-on-year; Core PPI up 5.4%</li></ul><p>(Reuters) - U.S. producer prices increased less than expected in October as services fell for the first time in nearly two years, offering more evidence that inflation was starting to subside, potentially allowing the Federal Reserve to slow its aggressive pace of interest rate hikes.</p><p>The report from the Labor Department on Tuesday also showed a decline in the cost of wholesale goods excluding food and energy, reflecting improved supply chains as well as slowing demand from higher borrowing costs. This supports economists&#39; views that goods disinflation was underway.</p><p>Data last week showed consumer prices rose less than expected in October, pushing the annual increase below 8% for the first time in eight months.</p><p>&#34;This report will add to the narrative that inflation has peaked and, in particular, that pressures from the goods sector may be easing,&#34; said Conrad DeQuadros, senior economic advisor at Brean Capital in New York.</p><p>The producer price index for final demand rose 0.2% last month. Data for September was revised lower to show the PPI rebounding 0.2% instead of 0.4% as previously reported. In the 12 months through October, the PPI increased 8.0%. That was the smallest year-on-year increase since July 2021 and followed an 8.4% advance in September.</p><p>Economists polled by Reuters had forecast the PPI rising 0.4% and advancing 8.3% year-on-year.</p><p>A 0.6% increase in the price of goods accounted for the increase in the PPI last month. Goods prices rose 0.3% in September. Gasoline jumped 5.7%, making up 60% of the rise in goods prices. Food prices rose 0.5%, lifted by fresh and dry vegetables as well as eggs.</p><p>Excluding food and energy, goods prices dipped 0.1%. That was the first decrease in the so-called core goods prices since May 2020 and followed an unchanged reading in September. The department&#39;s consumer inflation report last week showed consumer core goods prices also declined in October.</p><p>Core goods disinflation has been at the center of economists expectations for a significant moderation in inflation next year. Goldman Sachs on Sunday said it expected underlying inflation to slowdown considerably, with goods prices falling.</p><p>The rotation of spending back to labor-intensive services and a still-tight jobs market will, however, likely keep inflation above the Fed&#39;s 2% target.</p><p>The U.S. central bank early this month delivered a fourth consecutive 75-basis-point interest rate hike, but signaled it may be nearing an inflection point in what has become the fastest rate hiking cycle since the 1980s.</p><p>Financial markets are betting that the Fed would shift to a half-point rate hike at the Dec. 13-14 policy meeting, according to the CME FedWatch Tool.</p><p>Stocks on Wall Street rallied. The dollar slipped against a basket of currencies. U.S. Treasury yields fell.</p><p>MODERATE READINGS</p><p>Despite the fourth straight month of moderate PPI readings, some economists said it was premature to conclude that the Fed would pivot from its aggressive tightening path, noting that inflation had previously shown signs of cooling only to heat up again. They also pointed out services inflation remained hot, despite the dip in wholesale services prices in October.</p><p>&#34;The Fed cares about producer prices to the extent they pass through to consumer prices,&#34; said Will Compernolle, senior economist at FHN Financial in New York. &#34;The most stubborn parts of CPI inflation in core services, like shelter, won&#39;t be influenced anytime soon from improvements in producer prices.&#34;</p><p>Services fell 0.1%, the first decline since November 2020, after rising 0.2% in September. There were decreases in trade services, which measure changes in profits received by wholesalers and retailers. Prices for transportation and warehousing services fell 0.2%.</p><p>The costs of portfolio management, long-distance motor carrying, automobile retailing as well as professional and commercial equipment wholesaling also declined.</p><p>But prices for hospital inpatient care increased 0.8%. There were also increases in prices for securities brokerage and dealing, apparel wholesaling and airline passenger services. Airline tickets rose 2.1%.</p><p>Services excluding trade, transportation and warehousing increased 0.2%. Core services shot up 0.5% in September.</p><p>Excluding the volatile food, energy and trade services components, producer prices rose 0.2% in October. The core PPI advanced 0.3% in September. In the 12 months through October, the core PPI rose 5.4% after increasing 5.6% in September.</p><p>With the CPI and PPI data in hand, economists estimate that the core personal consumption expenditures (PCE) price index gained between 0.2% and 0.3% in October after climbing 0.5% in September. The core PCE price index is forecast rising 5.0% on a year-on-year basis after increasing 5.1% in September. The Fed tracks the PCE price indexes for its inflation target.</p><p>Some worried about the rise in most medical services components in October, which they said were driven by wages.</p><p>&#34;This could be an even more concerning inflation dynamic for Fed officials that have been hesitant to acknowledge wages as a driver of strong price inflation,&#34; said Veronica Clark, an economist at Citigroup in New York.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185933105","content_text":"SummaryProducer prices increase 0.2% in OctoberPPI excluding food, energy, trade climbs 0.2%PPI rises 8.0% year-on-year; Core PPI up 5.4%(Reuters) - U.S. producer prices increased less than expected in October as services fell for the first time in nearly two years, offering more evidence that inflation was starting to subside, potentially allowing the Federal Reserve to slow its aggressive pace of interest rate hikes.The report from the Labor Department on Tuesday also showed a decline in the cost of wholesale goods excluding food and energy, reflecting improved supply chains as well as slowing demand from higher borrowing costs. This supports economists' views that goods disinflation was underway.Data last week showed consumer prices rose less than expected in October, pushing the annual increase below 8% for the first time in eight months.\"This report will add to the narrative that inflation has peaked and, in particular, that pressures from the goods sector may be easing,\" said Conrad DeQuadros, senior economic advisor at Brean Capital in New York.The producer price index for final demand rose 0.2% last month. Data for September was revised lower to show the PPI rebounding 0.2% instead of 0.4% as previously reported. In the 12 months through October, the PPI increased 8.0%. That was the smallest year-on-year increase since July 2021 and followed an 8.4% advance in September.Economists polled by Reuters had forecast the PPI rising 0.4% and advancing 8.3% year-on-year.A 0.6% increase in the price of goods accounted for the increase in the PPI last month. Goods prices rose 0.3% in September. Gasoline jumped 5.7%, making up 60% of the rise in goods prices. Food prices rose 0.5%, lifted by fresh and dry vegetables as well as eggs.Excluding food and energy, goods prices dipped 0.1%. That was the first decrease in the so-called core goods prices since May 2020 and followed an unchanged reading in September. The department's consumer inflation report last week showed consumer core goods prices also declined in October.Core goods disinflation has been at the center of economists expectations for a significant moderation in inflation next year. Goldman Sachs on Sunday said it expected underlying inflation to slowdown considerably, with goods prices falling.The rotation of spending back to labor-intensive services and a still-tight jobs market will, however, likely keep inflation above the Fed's 2% target.The U.S. central bank early this month delivered a fourth consecutive 75-basis-point interest rate hike, but signaled it may be nearing an inflection point in what has become the fastest rate hiking cycle since the 1980s.Financial markets are betting that the Fed would shift to a half-point rate hike at the Dec. 13-14 policy meeting, according to the CME FedWatch Tool.Stocks on Wall Street rallied. The dollar slipped against a basket of currencies. U.S. Treasury yields fell.MODERATE READINGSDespite the fourth straight month of moderate PPI readings, some economists said it was premature to conclude that the Fed would pivot from its aggressive tightening path, noting that inflation had previously shown signs of cooling only to heat up again. They also pointed out services inflation remained hot, despite the dip in wholesale services prices in October.\"The Fed cares about producer prices to the extent they pass through to consumer prices,\" said Will Compernolle, senior economist at FHN Financial in New York. \"The most stubborn parts of CPI inflation in core services, like shelter, won't be influenced anytime soon from improvements in producer prices.\"Services fell 0.1%, the first decline since November 2020, after rising 0.2% in September. There were decreases in trade services, which measure changes in profits received by wholesalers and retailers. Prices for transportation and warehousing services fell 0.2%.The costs of portfolio management, long-distance motor carrying, automobile retailing as well as professional and commercial equipment wholesaling also declined.But prices for hospital inpatient care increased 0.8%. There were also increases in prices for securities brokerage and dealing, apparel wholesaling and airline passenger services. Airline tickets rose 2.1%.Services excluding trade, transportation and warehousing increased 0.2%. Core services shot up 0.5% in September.Excluding the volatile food, energy and trade services components, producer prices rose 0.2% in October. The core PPI advanced 0.3% in September. In the 12 months through October, the core PPI rose 5.4% after increasing 5.6% in September.With the CPI and PPI data in hand, economists estimate that the core personal consumption expenditures (PCE) price index gained between 0.2% and 0.3% in October after climbing 0.5% in September. The core PCE price index is forecast rising 5.0% on a year-on-year basis after increasing 5.1% in September. The Fed tracks the PCE price indexes for its inflation target.Some worried about the rise in most medical services components in October, which they said were driven by wages.\"This could be an even more concerning inflation dynamic for Fed officials that have been hesitant to acknowledge wages as a driver of strong price inflation,\" said Veronica Clark, an economist at Citigroup in New York.","news_type":1},"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910992561,"gmtCreate":1663545734553,"gmtModify":1676537286021,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582267850069988","idStr":"3582267850069988"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/9910992561","repostId":"1100137906","repostType":4,"repost":{"id":"1100137906","kind":"news","pubTimestamp":1663560476,"share":"https://ttm.financial/m/news/1100137906?lang=&edition=fundamental","pubTime":"2022-09-19 12:07","market":"us","language":"en","title":"The Fed Needs To Break The Market At This Week's Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1100137906","media":"Seeking Alpha","summary":"SummaryThe Fed has no room for errors at this week's FOMC meeting.The communications must be crystal","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>The Fed has no room for errors at this week&#39;s FOMC meeting.</li><li>The communications must be crystal to avoid a repeat of the July disaster.</li><li>The Fed needs the market to cave in to its demands.</li></ul><p>No matter how much the Fed has tried, the market still doesn&#39;t believe how serious the Fed is about bringing down inflation. The Fed has consistently said that it plans to raise rates to restrictive territory and hold rates there until there are clear signs that inflation is heading lower.</p><p>Yes, the Fed made a massive attempt to rein in the markets at Jackson Hole and hammered the point further in the days after Jackson Hole. Now, it needs to seal the deal. Yes, the market has started to buckle, but not enough. Fed Funds futures have repriced rapidly and now see terminal rates hitting nearly 4.4% by April.</p><p><img src=\"https://static.tigerbbs.com/747885c2bf42aec7edd0434de89ff03d\" tg-width=\"640\" tg-height=\"500\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p><b>Markets Still Don&#39;t Believe The Fed</b></p><p>But still, the market is pricing in rate cuts by the end of 2023 and sees rates falling back to 4%. So yes, while the market agrees that rates need to go higher, it still believes the Fed will be cutting rates by around 40 bps by the end of next year. The spread between the April 2023 Fed Fund futures and December 2023 contracts on August 25 was 32 bps. The current spread suggests the market believes the Fed may be more aggressive in cutting rates next year.</p><p><img src=\"https://static.tigerbbs.com/8f8a05f27f21f9f58f44993c24f0daa1\" tg-width=\"640\" tg-height=\"244\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>Sure, the Fed is making progress on higher rates, but the market doesn&#39;t believe that the Fed will be holding rates at the terminal level. That is where the Fed needs to finish what it started at Jackson Hole, and the best place for the Fed to deliver that final blow will be in its Summary of Economic Projections, or dot plots.</p><p><b>Higher For Longer</b></p><p>If the Fed wants to make its point clear, it will need to ensure that it not only sees rates getting to 4.4% or higher by the middle of 2023 but that it sees rates staying there for all of 2023 and perhaps through 2024. That is the message the Fed needs to send the market so that the Fed Funds futures begin repricing with that terminal rate holding at 4.4% so that the back of the futures curve lifts.</p><p><img src=\"https://static.tigerbbs.com/c6a3147d1203e0785cbe84a8f5761d45\" tg-width=\"640\" tg-height=\"312\" referrerpolicy=\"no-referrer\"/></p><p>Mott Capital</p><p>It is a critical message because if the Fed can deliver it, it would help to reprice the Treasury and Real Yield curve, pulling longer-term rates higher. It would help to steepen the yield curve, especially on rates beyond the 2-year, where a clear inversion occurs on both nominal and real yields.</p><p><img src=\"https://static.tigerbbs.com/077b423c22c6af690494f068eac8c266\" tg-width=\"640\" tg-height=\"342\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>This curve reshaping would be very bullish for the dollar and help it continue strengthening over the euro, yen, and yuan. Meanwhile, it would be bad news for risk assets, especially stocks, as rising real yields would weigh heavily on equity valuations.</p><p><b>No Room For Error</b></p><p>The Fed can&#39;t afford to have the same disaster at the July FOMC meeting, which made financial conditions materially ease. As much as financial conditions have tightened since Jackson Hole, they have not tightened enough. The Chicago Fed Financial Conditions Index (NFCI) and adjusted NFCI is still well below their late June highs, while the Bloomberg Financial Conditions Index (the measurements are inverted) has also failed to get back to June levels. The Goldman Sachs US Financial Conditions Index is the only index that shows financial conditions have tightened back to their June levels.</p><p><img src=\"https://static.tigerbbs.com/466b229bd2abeb5cbc959893c58891b4\" tg-width=\"640\" tg-height=\"337\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>The Fed cannot afford to get further behind the inflation battle and needs rates to continue pushing higher and financial conditions to tighten further. The Fed is still very much behind in bringing inflation down. The Fed Funds rates are profoundly negative against the inflation rate on CPI and PCE measures, including or excluding energy.</p><p><img src=\"https://static.tigerbbs.com/00da5e8bda75fedfab02d3efed87ff04\" tg-width=\"640\" tg-height=\"336\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p><b>The Fed Needs To Break The Market</b></p><p>This is the Fed&#39;s battle, and it needs the market to align with its view if it has any chance of bringing inflation down. Because the Fed can only really move the front of the yield curve, but through communications and projections, it can heavily influence the longer-dated side of the curve, and that is the part of the curve the Fed has struggled the most with.</p><p>So while stocks may rise sharply if the Fed only delivers a 75 bps rate, don&#39;t be surprised if that rally fades quickly if the Fed can provide a hawkish message through its forward guidance. That is where the Fed can finally shock the markets and get them to break.</p><p>Because for the first time in many years, it may be the market that finally gives into the Fed, not the Fed giving into the market.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed Needs To Break The Market At This Week's Meeting</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 Fed Needs To Break The Market At This Week's Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-19 12:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4541678-fed-needs-break-market-this-week-meeting><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe Fed has no room for errors at this week's FOMC meeting.The communications must be crystal to avoid a repeat of the July disaster.The Fed needs the market to cave in to its demands.No matter...</p>\n\n<a href=\"https://seekingalpha.com/article/4541678-fed-needs-break-market-this-week-meeting\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://seekingalpha.com/article/4541678-fed-needs-break-market-this-week-meeting","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100137906","content_text":"SummaryThe Fed has no room for errors at this week's FOMC meeting.The communications must be crystal to avoid a repeat of the July disaster.The Fed needs the market to cave in to its demands.No matter how much the Fed has tried, the market still doesn't believe how serious the Fed is about bringing down inflation. The Fed has consistently said that it plans to raise rates to restrictive territory and hold rates there until there are clear signs that inflation is heading lower.Yes, the Fed made a massive attempt to rein in the markets at Jackson Hole and hammered the point further in the days after Jackson Hole. Now, it needs to seal the deal. Yes, the market has started to buckle, but not enough. Fed Funds futures have repriced rapidly and now see terminal rates hitting nearly 4.4% by April.BloombergMarkets Still Don't Believe The FedBut still, the market is pricing in rate cuts by the end of 2023 and sees rates falling back to 4%. So yes, while the market agrees that rates need to go higher, it still believes the Fed will be cutting rates by around 40 bps by the end of next year. The spread between the April 2023 Fed Fund futures and December 2023 contracts on August 25 was 32 bps. The current spread suggests the market believes the Fed may be more aggressive in cutting rates next year.BloombergSure, the Fed is making progress on higher rates, but the market doesn't believe that the Fed will be holding rates at the terminal level. That is where the Fed needs to finish what it started at Jackson Hole, and the best place for the Fed to deliver that final blow will be in its Summary of Economic Projections, or dot plots.Higher For LongerIf the Fed wants to make its point clear, it will need to ensure that it not only sees rates getting to 4.4% or higher by the middle of 2023 but that it sees rates staying there for all of 2023 and perhaps through 2024. That is the message the Fed needs to send the market so that the Fed Funds futures begin repricing with that terminal rate holding at 4.4% so that the back of the futures curve lifts.Mott CapitalIt is a critical message because if the Fed can deliver it, it would help to reprice the Treasury and Real Yield curve, pulling longer-term rates higher. It would help to steepen the yield curve, especially on rates beyond the 2-year, where a clear inversion occurs on both nominal and real yields.BloombergThis curve reshaping would be very bullish for the dollar and help it continue strengthening over the euro, yen, and yuan. Meanwhile, it would be bad news for risk assets, especially stocks, as rising real yields would weigh heavily on equity valuations.No Room For ErrorThe Fed can't afford to have the same disaster at the July FOMC meeting, which made financial conditions materially ease. As much as financial conditions have tightened since Jackson Hole, they have not tightened enough. The Chicago Fed Financial Conditions Index (NFCI) and adjusted NFCI is still well below their late June highs, while the Bloomberg Financial Conditions Index (the measurements are inverted) has also failed to get back to June levels. The Goldman Sachs US Financial Conditions Index is the only index that shows financial conditions have tightened back to their June levels.BloombergThe Fed cannot afford to get further behind the inflation battle and needs rates to continue pushing higher and financial conditions to tighten further. The Fed is still very much behind in bringing inflation down. The Fed Funds rates are profoundly negative against the inflation rate on CPI and PCE measures, including or excluding energy.BloombergThe Fed Needs To Break The MarketThis is the Fed's battle, and it needs the market to align with its view if it has any chance of bringing inflation down. Because the Fed can only really move the front of the yield curve, but through communications and projections, it can heavily influence the longer-dated side of the curve, and that is the part of the curve the Fed has struggled the most with.So while stocks may rise sharply if the Fed only delivers a 75 bps rate, don't be surprised if that rally fades quickly if the Fed can provide a hawkish message through its forward guidance. That is where the Fed can finally shock the markets and get them to break.Because for the first time in many years, it may be the market that finally gives into the Fed, not the Fed giving into the market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":43,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9039058588,"gmtCreate":1645849395968,"gmtModify":1676534070448,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582267850069988","idStr":"3582267850069988"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039058588","repostId":"2214433184","repostType":4,"repost":{"id":"2214433184","kind":"news","pubTimestamp":1645830512,"share":"https://ttm.financial/m/news/2214433184?lang=&edition=fundamental","pubTime":"2022-02-26 07:08","market":"us","language":"en","title":"Dow Posts Biggest Gain since Nov 2020 as Wall St Rebounds Second Day","url":"https://stock-news.laohu8.com/highlight/detail?id=2214433184","media":"Reuters","summary":"* All sectors higher, led by gains in materials* Oil prices ease* Indexes: Dow up 2.5%, S&P 500 up 2.2%, Nasdaq up 1.6% (Updates close with volume, additional quotes, details)The Dow on Friday registe","content":"<html><head></head><body><p>* All sectors higher, led by gains in materials</p><p>* Oil prices ease</p><p>* Indexes: Dow up 2.5%, S&amp;P 500 up 2.2%, Nasdaq up 1.6% (Updates close with volume, additional quotes, details)</p><p>The Dow on Friday registered its biggest daily percentage gain since November 2020 with the market rebounding for a second day from the sharp selloff leading up to Russia&#39;s invasion of Ukraine.</p><p>Oil prices fell below $100 a barrel, easing some concerns about higher energy costs, and all 11 of the major S&amp;P 500 sectors ended up on the day. The S&amp;P 500 and Nasdaq also posted gains for the week.</p><p>Russian missiles pounded Kyiv and families cowered in shelters on Friday, a day after Russia unleashed a three-pronged invasion of Ukraine in the biggest attack on a European state since World War <a href=\"https://laohu8.com/S/TWOA.U\">Two</a>.</p><p>Investors also were assessing news that Russian President Vladimir Putin told his Chinese counterpart Xi Jinping in a call that Russia was willing to hold high-level talks with Ukraine, according to China&#39;s foreign ministry.</p><p>Some strategists say stock-selling may have been overdone. The S&amp;P 500 confirmed earlier this week it was in a correction when it ended down more than 10% from its Jan. 3 record closing high.</p><p>&#34;It sure feels a lot more like we&#39;ve really exhausted sentiment in this correction,&#34; said Jim Paulsen, chief investment strategist at The Leuthold Group in Minneapolis, noting that economic fundamentals and corporate health remain favorable.</p><p>The Dow Jones Industrial Average rose 834.92 points, or 2.51%, to 34,058.75, the S&amp;P 500 gained 95.95 points, or 2.24%, to 4,384.65 and the Nasdaq Composite added 221.04 points, or 1.64%, to 13,694.62.</p><p>For the week, the Dow was down 0.1%, the S&amp;P 500 was up 0.8% and the Nasdaq was up 1.1%.</p><p>The West on Thursday unveiled new sanctions on Russia, while NATO Secretary-General Jens Stoltenberg said on Friday the alliance was deploying parts of its combat-ready response force and would continue to send weapons to Ukraine.</p><p>&#34;In general, the sanctions are going to have some bite,&#34; but investors seem to be relieved that Washington dismissed the idea of going to war with Russia, said Kristina Hooper, chief global market strategist at Invesco.</p><p>She said volatility should remain high in the coming days as events in Ukraine dictate market moves, but that focus eventually will turn back to the Federal Reserve and the outlook for interest rates.</p><p>Some strategists noted that the sanctions announced Thursday targeted Russia&#39;s banks but left its energy sector largely untouched.</p><p>Health care gave the S&amp;P 500 its biggest boost.</p><p>Shares of Johnson &amp; Johnson climbed 5% after a U.S. judge ruled that the drugmaker&#39;s subsidiary can remain in bankruptcy, preventing plaintiffs from pursuing 38,000 lawsuits against the company alleging its baby powder and other talc products cause cancer.</p><p>The Cboe Volatility index, Wall Street&#39;s fear gauge, ended down at 27.59.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 4.29-to-1 ratio; on Nasdaq, a 2.63-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 15 new 52-week highs and no new lows; the Nasdaq Composite recorded 39 new highs and 66 new lows.</p><p>Volume on U.S. exchanges was 12.47 billion shares, compared with the 12.1 billion average for the full session over the last 20 trading days.</p></body></html>","source":"yahoofinance","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>Dow Posts Biggest Gain since Nov 2020 as Wall St Rebounds Second Day</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\">\nDow Posts Biggest Gain since Nov 2020 as Wall St Rebounds Second Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-26 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-stocks-dow-posts-biggest-214015544.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>* All sectors higher, led by gains in materials* Oil prices ease* Indexes: Dow up 2.5%, S&P 500 up 2.2%, Nasdaq up 1.6% (Updates close with volume, additional quotes, details)The Dow on Friday ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-dow-posts-biggest-214015544.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SPXU":"三倍做空标普500ETF","SDS":"两倍做空标普500ETF","BK4079":"房地产服务","OEF":"标普100指数ETF-iShares","BK4504":"桥水持仓","SPY":"标普500ETF","UPRO":"三倍做多标普500ETF","OEX":"标普100","BK4539":"次新股","SH":"标普500反向ETF",".SPX":"S&P 500 Index","BK4534":"瑞士信贷持仓","IVV":"标普500指数ETF","BK4559":"巴菲特持仓","BK4550":"红杉资本持仓","COMP":"Compass, Inc.","SSO":"两倍做多标普500ETF"},"source_url":"https://finance.yahoo.com/news/us-stocks-dow-posts-biggest-214015544.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2214433184","content_text":"* All sectors higher, led by gains in materials* Oil prices ease* Indexes: Dow up 2.5%, S&P 500 up 2.2%, Nasdaq up 1.6% (Updates close with volume, additional quotes, details)The Dow on Friday registered its biggest daily percentage gain since November 2020 with the market rebounding for a second day from the sharp selloff leading up to Russia's invasion of Ukraine.Oil prices fell below $100 a barrel, easing some concerns about higher energy costs, and all 11 of the major S&P 500 sectors ended up on the day. The S&P 500 and Nasdaq also posted gains for the week.Russian missiles pounded Kyiv and families cowered in shelters on Friday, a day after Russia unleashed a three-pronged invasion of Ukraine in the biggest attack on a European state since World War Two.Investors also were assessing news that Russian President Vladimir Putin told his Chinese counterpart Xi Jinping in a call that Russia was willing to hold high-level talks with Ukraine, according to China's foreign ministry.Some strategists say stock-selling may have been overdone. The S&P 500 confirmed earlier this week it was in a correction when it ended down more than 10% from its Jan. 3 record closing high.\"It sure feels a lot more like we've really exhausted sentiment in this correction,\" said Jim Paulsen, chief investment strategist at The Leuthold Group in Minneapolis, noting that economic fundamentals and corporate health remain favorable.The Dow Jones Industrial Average rose 834.92 points, or 2.51%, to 34,058.75, the S&P 500 gained 95.95 points, or 2.24%, to 4,384.65 and the Nasdaq Composite added 221.04 points, or 1.64%, to 13,694.62.For the week, the Dow was down 0.1%, the S&P 500 was up 0.8% and the Nasdaq was up 1.1%.The West on Thursday unveiled new sanctions on Russia, while NATO Secretary-General Jens Stoltenberg said on Friday the alliance was deploying parts of its combat-ready response force and would continue to send weapons to Ukraine.\"In general, the sanctions are going to have some bite,\" but investors seem to be relieved that Washington dismissed the idea of going to war with Russia, said Kristina Hooper, chief global market strategist at Invesco.She said volatility should remain high in the coming days as events in Ukraine dictate market moves, but that focus eventually will turn back to the Federal Reserve and the outlook for interest rates.Some strategists noted that the sanctions announced Thursday targeted Russia's banks but left its energy sector largely untouched.Health care gave the S&P 500 its biggest boost.Shares of Johnson & Johnson climbed 5% after a U.S. judge ruled that the drugmaker's subsidiary can remain in bankruptcy, preventing plaintiffs from pursuing 38,000 lawsuits against the company alleging its baby powder and other talc products cause cancer.The Cboe Volatility index, Wall Street's fear gauge, ended down at 27.59.Advancing issues outnumbered declining ones on the NYSE by a 4.29-to-1 ratio; on Nasdaq, a 2.63-to-1 ratio favored advancers.The S&P 500 posted 15 new 52-week highs and no new lows; the Nasdaq Composite recorded 39 new highs and 66 new lows.Volume on U.S. exchanges was 12.47 billion shares, compared with the 12.1 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":163,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9984206590,"gmtCreate":1667631812510,"gmtModify":1676537947232,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582267850069988","idStr":"3582267850069988"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9984206590","repostId":"2281633463","repostType":4,"repost":{"id":"2281633463","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":1667611037,"share":"https://ttm.financial/m/news/2281633463?lang=&edition=fundamental","pubTime":"2022-11-05 09:17","market":"us","language":"en","title":"Here's Strong New Evidence That a U.S. Stock-Market Rally Is Coming Soon","url":"https://stock-news.laohu8.com/highlight/detail?id=2281633463","media":"Dow Jones","summary":"Yet another piece of the investor-sentiment puzzle is falling into place to support a sizeable U.S. ","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/08fe901026b570575afe49651cc756c6\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/></p><p>Yet another piece of the investor-sentiment puzzle is falling into place to support a sizeable U.S. stock-market rally. I&#39;m referring to an index that measures investors&#39; confidence that any market dip will be soon followed by a recovery. The index, called the &#34;U.S. Buy-on-Dips Confidence Index,&#34; was created two decades ago by Yale University&#39;s Robert Shiller. It is based on a monthly survey in which investors are asked to guess the market&#39;s direction the day after a 3% market decline.</p><p>My analysis of the data indicates that the index has contrarian significance. That is, high readings -- high confidence that any market drop will be followed by a quick recovery -- is a bad sign. Low readings, in contrast, are bullish.</p><p>This past summer the index got lower than 7% of all other monthly readings since Shiller began this survey in the 1990s. While that in itself is low enough to impress contrarians, it&#39;s also encouraging that the index hasn&#39;t jumped more since then. The normal pattern is for bullishness to jump whenever the market begins to rally. But the index currently stands at just the 20 percentile of the historical distribution.</p><p>In fact, the latest reading is even lower than the one registered in March 2020, at the bottom of the waterfall decline that accompanied the initial lockdowns of the COVID-19 pandemic. But as for the summer of 2022, you have to go back to late 2018 and early 2019 to find another time when the Buy-on-Dips Confidence Index was lower than where it stands now. Those months coincided with the bottom of the 19%+ correction (bear market) caused by the Fed&#39;s late 2018 rate-hike cycle.</p><p><img src=\"https://static.tigerbbs.com/e5618543e29ee918b96f35e6e7700d26\" tg-width=\"700\" tg-height=\"471\" referrerpolicy=\"no-referrer\"/></p><p>This index&#39;s highest reading in recent years came in August 2021, when it rose to the 91 percentile of the historical distribution. As if we need any reminding, that came just two months before the top of the secondary market and four months before the broad market hit its top.</p><p>These two are just data points. A more comprehensive analysis is reflected in the table below, based on monthly data for the U.S. Buy-on-Dips Confidence Index over the last two decades.<img src=\"https://static.tigerbbs.com/e2b9346868c3e0aeb995c523c87512ed\" tg-width=\"948\" tg-height=\"248\" referrerpolicy=\"no-referrer\"/></p><p>Though these differences in average returns are statistically significant, it&#39;s important to emphasize that there are no guarantees. Sentiment is not the only factor that moves the market, after all.</p><p>Furthermore, even if a strong rally materializes, we can&#39;t know if it will be the beginning of a new bull market or just a bear-market rally. The answer will depend at least partly on how slowly or quickly investors regain their confidence that market dips will be quickly followed by a recovery. For the moment, contrarian analysis suggests that a strong rally is likely in coming weeks.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's Strong New Evidence That a U.S. Stock-Market Rally Is Coming Soon</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\">\nHere's Strong New Evidence That a U.S. Stock-Market Rally Is Coming Soon\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\">2022-11-05 09:17</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><img src=\"https://static.tigerbbs.com/08fe901026b570575afe49651cc756c6\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/></p><p>Yet another piece of the investor-sentiment puzzle is falling into place to support a sizeable U.S. stock-market rally. I&#39;m referring to an index that measures investors&#39; confidence that any market dip will be soon followed by a recovery. The index, called the &#34;U.S. Buy-on-Dips Confidence Index,&#34; was created two decades ago by Yale University&#39;s Robert Shiller. It is based on a monthly survey in which investors are asked to guess the market&#39;s direction the day after a 3% market decline.</p><p>My analysis of the data indicates that the index has contrarian significance. That is, high readings -- high confidence that any market drop will be followed by a quick recovery -- is a bad sign. Low readings, in contrast, are bullish.</p><p>This past summer the index got lower than 7% of all other monthly readings since Shiller began this survey in the 1990s. While that in itself is low enough to impress contrarians, it&#39;s also encouraging that the index hasn&#39;t jumped more since then. The normal pattern is for bullishness to jump whenever the market begins to rally. But the index currently stands at just the 20 percentile of the historical distribution.</p><p>In fact, the latest reading is even lower than the one registered in March 2020, at the bottom of the waterfall decline that accompanied the initial lockdowns of the COVID-19 pandemic. But as for the summer of 2022, you have to go back to late 2018 and early 2019 to find another time when the Buy-on-Dips Confidence Index was lower than where it stands now. Those months coincided with the bottom of the 19%+ correction (bear market) caused by the Fed&#39;s late 2018 rate-hike cycle.</p><p><img src=\"https://static.tigerbbs.com/e5618543e29ee918b96f35e6e7700d26\" tg-width=\"700\" tg-height=\"471\" referrerpolicy=\"no-referrer\"/></p><p>This index&#39;s highest reading in recent years came in August 2021, when it rose to the 91 percentile of the historical distribution. As if we need any reminding, that came just two months before the top of the secondary market and four months before the broad market hit its top.</p><p>These two are just data points. A more comprehensive analysis is reflected in the table below, based on monthly data for the U.S. Buy-on-Dips Confidence Index over the last two decades.<img src=\"https://static.tigerbbs.com/e2b9346868c3e0aeb995c523c87512ed\" tg-width=\"948\" tg-height=\"248\" referrerpolicy=\"no-referrer\"/></p><p>Though these differences in average returns are statistically significant, it&#39;s important to emphasize that there are no guarantees. Sentiment is not the only factor that moves the market, after all.</p><p>Furthermore, even if a strong rally materializes, we can&#39;t know if it will be the beginning of a new bull market or just a bear-market rally. The answer will depend at least partly on how slowly or quickly investors regain their confidence that market dips will be quickly followed by a recovery. For the moment, contrarian analysis suggests that a strong rally is likely in coming weeks.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2281633463","content_text":"Yet another piece of the investor-sentiment puzzle is falling into place to support a sizeable U.S. stock-market rally. I'm referring to an index that measures investors' confidence that any market dip will be soon followed by a recovery. The index, called the \"U.S. Buy-on-Dips Confidence Index,\" was created two decades ago by Yale University's Robert Shiller. It is based on a monthly survey in which investors are asked to guess the market's direction the day after a 3% market decline.My analysis of the data indicates that the index has contrarian significance. That is, high readings -- high confidence that any market drop will be followed by a quick recovery -- is a bad sign. Low readings, in contrast, are bullish.This past summer the index got lower than 7% of all other monthly readings since Shiller began this survey in the 1990s. While that in itself is low enough to impress contrarians, it's also encouraging that the index hasn't jumped more since then. The normal pattern is for bullishness to jump whenever the market begins to rally. But the index currently stands at just the 20 percentile of the historical distribution.In fact, the latest reading is even lower than the one registered in March 2020, at the bottom of the waterfall decline that accompanied the initial lockdowns of the COVID-19 pandemic. But as for the summer of 2022, you have to go back to late 2018 and early 2019 to find another time when the Buy-on-Dips Confidence Index was lower than where it stands now. Those months coincided with the bottom of the 19%+ correction (bear market) caused by the Fed's late 2018 rate-hike cycle.This index's highest reading in recent years came in August 2021, when it rose to the 91 percentile of the historical distribution. As if we need any reminding, that came just two months before the top of the secondary market and four months before the broad market hit its top.These two are just data points. A more comprehensive analysis is reflected in the table below, based on monthly data for the U.S. Buy-on-Dips Confidence Index over the last two decades.Though these differences in average returns are statistically significant, it's important to emphasize that there are no guarantees. Sentiment is not the only factor that moves the market, after all.Furthermore, even if a strong rally materializes, we can't know if it will be the beginning of a new bull market or just a bear-market rally. The answer will depend at least partly on how slowly or quickly investors regain their confidence that market dips will be quickly followed by a recovery. For the moment, contrarian analysis suggests that a strong rally is likely in coming weeks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189440938,"gmtCreate":1623286605324,"gmtModify":1704200039445,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582267850069988","idStr":"3582267850069988"},"themes":[],"htmlText":"Like and comment pls, thanks&nbsp;","listText":"Like and comment pls, thanks&nbsp;","text":"Like and comment pls, thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/189440938","repostId":"1109600367","repostType":4,"repost":{"id":"1109600367","kind":"news","pubTimestamp":1623286432,"share":"https://ttm.financial/m/news/1109600367?lang=&edition=fundamental","pubTime":"2021-06-10 08:53","market":"us","language":"en","title":"Democrats circulate draft antitrust bills that could reshape Apple, Amazon, Facebook and Google","url":"https://stock-news.laohu8.com/highlight/detail?id=1109600367","media":"cnbc","summary":"A group of House Democrats is circulating discussion drafts of antitrust bills that would force the ","content":"<div>\n<p>A group of House Democrats is circulating discussion drafts of antitrust bills that would force the biggest tech companies to change parts of their business models and curtail large acquisitions, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/09/democrats-draft-antitrust-bills-could-reshape-apple-amazon-google-facebook.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Democrats circulate draft antitrust bills that could reshape Apple, Amazon, Facebook and Google</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\">\nDemocrats circulate draft antitrust bills that could reshape Apple, Amazon, Facebook and Google\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-10 08:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/09/democrats-draft-antitrust-bills-could-reshape-apple-amazon-google-facebook.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A group of House Democrats is circulating discussion drafts of antitrust bills that would force the biggest tech companies to change parts of their business models and curtail large acquisitions, ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/09/democrats-draft-antitrust-bills-could-reshape-apple-amazon-google-facebook.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","AAPL":"苹果","GOOG":"谷歌"},"source_url":"https://www.cnbc.com/2021/06/09/democrats-draft-antitrust-bills-could-reshape-apple-amazon-google-facebook.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1109600367","content_text":"A group of House Democrats is circulating discussion drafts of antitrust bills that would force the biggest tech companies to change parts of their business models and curtail large acquisitions, according to copies obtained by CNBC.\nWhile the drafts could still change significantly prior to their introduction, as currently written, they could require business model overhauls forAppleandAmazonby limiting their ability to operate marketplaces for products and apps while selling their own goods and apps on those same stores.\nThe bills would also make it harder for those companies plusFacebookandAlphabet(Google's parent company) to complete large mergers, and would force them to make it easier for users to leave their platforms with their data intact. CNBC couldn't immediately learn when the drafts will be introduced.\nThe draft bills come after a 16-month investigation by the House Judiciary subcommittee on antitrust into the four companies, which culminated in anearly 450-page report from Democratic stafflast fall. While Republicans on the subcommittee diverged from some of the Democrats' more extreme proposals, several agreed with the main findings of monopoly power and anticompetitive behavior in the Democratic report and on the need to rein in Big Tech's power with antitrust reform.\nThe drafts don't indicate whether any Republicans are supporting the bills.\nWhat the draft bills say\nSpecifically, the five discussion drafts would prevent platforms from owning businesses that present a conflict of interest, bar large platforms from favoring their own products over those of competitors that rely on their sites, make it harder for large platforms to complete mergers, raise filing fees for acquisitions and mandate ways for users to transfer their data between platforms.\nOne of the bills, sponsored by Rep Joe Neguse, D-Colo., appears to be companion legislation to the bipartisan Merger Filing Fee Modernization Act in the Senate, which passed in that chamber on Tuesday as part of alarger $250 billion tech and manufacturing bill. That bill would raise the fees companies pay to notify the Federal Trade Commission and Department of Justice Antitrust Division of large mergers with the goal of raising money for those agencies.\nThe other four drafts obtained by CNBC include:\n\nEnding Platform Monopolies Act:Sponsored by Rep. Pramila Jayapal, D-Wash., the vice chair of the subcommittee, this bill would make it unlawful for a platform with at least 500,000 monthly active U.S. users and a market cap over $600 billion to own or operate a business that presents a clear conflict of interest. The draft defines an unlawful conflict as one that incentivizes a business to favor its own services over those of a competitors' or disadvantage potential competitors that use the platform. Lawmakers have previously expressed concern that both Amazon and Apple, which run their own platforms for sellers and developers, respectively, could undermine competition due to a conflict of interest for their own competing products or apps.\nPlatform Competition and Opportunity Act:This proposal from Rep. Hakeem Jeffries, D-N.Y., would shift the burden of proof in merger cases to dominant platforms (defined with the same criteria as the previous bill) to prove that their acquisitions are in fact lawful, rather than the government having to prove they will lessen competition. The measure would likely substantially slow down acquisitions by dominant tech firms.\nPlatform Anti-Monopoly Act:This bill, proposed by Subcommittee Chairman David Cicilline, D-R.I., would prohibit dominant platforms from giving their own products and services advantages over those of competitors on the platform. It would also prohibit other types of discriminatory behavior by dominant platforms, like cutting off a competitor that uses the platform from services offered by the platform itself, and ban dominant platforms from using data collected on their services that isn't public to others to fuel their own competing products, among several other prohibitions.\nAugmenting Compatibility and Competition by Enabling Service Switching (ACCESS) Act:This proposed bill from Rep. Mary Gay Scanlon, D-Pa., would mandate dominant platforms maintain certain standards of data portability and interoperability, making it easier for consumers to take their data with them to other platforms.\n\nRepresentatives for those lawmakers did not respond or did not provide comment on the discussion drafts.\nAxiosfirst reported on the drafts.","news_type":1},"isVote":1,"tweetType":1,"viewCount":332,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581545521821668","authorId":"3581545521821668","name":"Enji4566","avatar":"https://static.tigerbbs.com/a959fafd643583915b167a78b5e55396","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581545521821668","idStr":"3581545521821668"},"content":"reply my comment ya","text":"reply my comment ya","html":"reply my comment ya"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9920740435,"gmtCreate":1670552520427,"gmtModify":1676538392346,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582267850069988","idStr":"3582267850069988"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9920740435","repostId":"2290422271","repostType":4,"repost":{"id":"2290422271","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1670536748,"share":"https://ttm.financial/m/news/2290422271?lang=&edition=fundamental","pubTime":"2022-12-09 05:59","market":"us","language":"en","title":"US STOCKS-S&P 500, Nasdaq Snap Losing Streaks After Jobless Claims Rise","url":"https://stock-news.laohu8.com/highlight/detail?id=2290422271","media":"Reuters","summary":"(Reuters) - The S&P 500 ended higher on Thursday, snapping a five-session losing streak, as investor","content":"<html><head></head><body><p>(Reuters) - The S&amp;P 500 ended higher on Thursday, snapping a five-session losing streak, as investors interpreted data showing a rise in weekly jobless claims as a sign the pace of interest rate hikes could soon slow.</p><p>Wall Street&#39;s main indexes had come under pressure in recent days, with the S&amp;P 500 shedding 3.6% since the beginning of December on expectations of a longer rate-hike cycle and downbeat economic views from some top company executives.</p><p>Such thinking had also weighed on the Nasdaq Composite, which had posted four straight losing sessions prior to Thursday&#39;s advance on the tech-heavy index.</p><p>Stocks rose as investors cheered data showing the number of Americans filing claims for jobless benefits increased moderately last week, while unemployment rolls hit a 10-month high toward the end of November.</p><p>The report follows data last Friday that showed U.S. employers hired more workers than expected in November and increased wages, spurring fears that the Fed might stick to its aggressive stance to tame decades-high inflation.</p><p>Markets have been swayed by data releases in recent days, with investors lacking certainty ahead of Federal Reserve guidance next week on interest rates.</p><p>Such behavior means Friday&#39;s producer price index and the University of Michigan&#39;s consumer sentiment survey will likely dictate whether Wall Street can build on Thursday&#39;s rally.</p><p>&#34;The market has to adjust to the fact that we&#39;re moving from a stimulus-based economy - both fiscal and monetary - into a fundamentals-based economy, and that&#39;s what we&#39;re grappling with right now,&#34; said Wiley Angell, chief market strategist at Ziegler Capital Management.</p><p>The Dow Jones Industrial Average rose 183.56 points, or 0.55%, to close at 33,781.48; the S&amp;P 500 gained 29.59 points, or 0.75%, to finish at 3,963.51; and the Nasdaq Composite added 123.45 points, or 1.13%, at 11,082.00.</p><p>Nine of the 11 major S&amp;P 500 sectors rose, led by a 1.6% gain in technology stocks.</p><p>Most mega-cap technology and growth stocks gained. Apple Inc, Nvidia Corp and Amazon.com Inc rose between 1.2% and 6.5%.</p><p>Microsoft Corp ended 1.2% higher, despite giving up some intraday gains after the Federal Trade Commission filed a complaint aimed at blocking the tech giant&#39;s $69 billion bid to buy Activision Blizzard Inc. The &#34;Call of Duty&#34; games maker closed 1.5% lower.</p><p>The energy index was an exception, slipping 0.5%, despite Exxon Mobil Corp gaining 0.7% after announcing it would expand its $30-billion share repurchase program. The sector had been under pressure in recent sessions as commodity prices slipped: U.S. crude is now hovering near its level at the start of 2022.</p><p>Meanwhile, Moderna Inc advanced 3.2% after the U.S. Food and Drug Administration authorized COVID-19 shots from the vaccine maker that target both the original coronavirus and Omicron sub-variants for use in children as young as six months old.</p><p>The regulator also approved similar guidance for fellow COVID vaccine maker Pfizer Inc, which rose 3.1%, and its partner BioNTech, whose U.S.-listed shares    gained 5.6%.</p><p>Rent the Runway Inc posted its biggest ever one-day gain, jumping 74.3%, after the clothing rental firm raised its 2022 revenue forecast.</p><p>Volume on U.S. exchanges was 10.07 billion shares, compared with the 10.90 billion average for the full session over the last 20 trading days.</p><p>The S&amp;P 500 posted 15 new 52-week highs and three new lows; the Nasdaq Composite recorded 82 new highs and 232 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-S&P 500, Nasdaq Snap Losing Streaks After Jobless Claims Rise</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\">\nUS STOCKS-S&P 500, Nasdaq Snap Losing Streaks After Jobless Claims Rise\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\">2022-12-09 05:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - The S&amp;P 500 ended higher on Thursday, snapping a five-session losing streak, as investors interpreted data showing a rise in weekly jobless claims as a sign the pace of interest rate hikes could soon slow.</p><p>Wall Street&#39;s main indexes had come under pressure in recent days, with the S&amp;P 500 shedding 3.6% since the beginning of December on expectations of a longer rate-hike cycle and downbeat economic views from some top company executives.</p><p>Such thinking had also weighed on the Nasdaq Composite, which had posted four straight losing sessions prior to Thursday&#39;s advance on the tech-heavy index.</p><p>Stocks rose as investors cheered data showing the number of Americans filing claims for jobless benefits increased moderately last week, while unemployment rolls hit a 10-month high toward the end of November.</p><p>The report follows data last Friday that showed U.S. employers hired more workers than expected in November and increased wages, spurring fears that the Fed might stick to its aggressive stance to tame decades-high inflation.</p><p>Markets have been swayed by data releases in recent days, with investors lacking certainty ahead of Federal Reserve guidance next week on interest rates.</p><p>Such behavior means Friday&#39;s producer price index and the University of Michigan&#39;s consumer sentiment survey will likely dictate whether Wall Street can build on Thursday&#39;s rally.</p><p>&#34;The market has to adjust to the fact that we&#39;re moving from a stimulus-based economy - both fiscal and monetary - into a fundamentals-based economy, and that&#39;s what we&#39;re grappling with right now,&#34; said Wiley Angell, chief market strategist at Ziegler Capital Management.</p><p>The Dow Jones Industrial Average rose 183.56 points, or 0.55%, to close at 33,781.48; the S&amp;P 500 gained 29.59 points, or 0.75%, to finish at 3,963.51; and the Nasdaq Composite added 123.45 points, or 1.13%, at 11,082.00.</p><p>Nine of the 11 major S&amp;P 500 sectors rose, led by a 1.6% gain in technology stocks.</p><p>Most mega-cap technology and growth stocks gained. Apple Inc, Nvidia Corp and Amazon.com Inc rose between 1.2% and 6.5%.</p><p>Microsoft Corp ended 1.2% higher, despite giving up some intraday gains after the Federal Trade Commission filed a complaint aimed at blocking the tech giant&#39;s $69 billion bid to buy Activision Blizzard Inc. The &#34;Call of Duty&#34; games maker closed 1.5% lower.</p><p>The energy index was an exception, slipping 0.5%, despite Exxon Mobil Corp gaining 0.7% after announcing it would expand its $30-billion share repurchase program. The sector had been under pressure in recent sessions as commodity prices slipped: U.S. crude is now hovering near its level at the start of 2022.</p><p>Meanwhile, Moderna Inc advanced 3.2% after the U.S. Food and Drug Administration authorized COVID-19 shots from the vaccine maker that target both the original coronavirus and Omicron sub-variants for use in children as young as six months old.</p><p>The regulator also approved similar guidance for fellow COVID vaccine maker Pfizer Inc, which rose 3.1%, and its partner BioNTech, whose U.S.-listed shares    gained 5.6%.</p><p>Rent the Runway Inc posted its biggest ever one-day gain, jumping 74.3%, after the clothing rental firm raised its 2022 revenue forecast.</p><p>Volume on U.S. exchanges was 10.07 billion shares, compared with the 10.90 billion average for the full session over the last 20 trading days.</p><p>The S&amp;P 500 posted 15 new 52-week highs and three new lows; the Nasdaq Composite recorded 82 new highs and 232 new lows.</p></body></html>\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":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2290422271","content_text":"(Reuters) - The S&P 500 ended higher on Thursday, snapping a five-session losing streak, as investors interpreted data showing a rise in weekly jobless claims as a sign the pace of interest rate hikes could soon slow.Wall Street's main indexes had come under pressure in recent days, with the S&P 500 shedding 3.6% since the beginning of December on expectations of a longer rate-hike cycle and downbeat economic views from some top company executives.Such thinking had also weighed on the Nasdaq Composite, which had posted four straight losing sessions prior to Thursday's advance on the tech-heavy index.Stocks rose as investors cheered data showing the number of Americans filing claims for jobless benefits increased moderately last week, while unemployment rolls hit a 10-month high toward the end of November.The report follows data last Friday that showed U.S. employers hired more workers than expected in November and increased wages, spurring fears that the Fed might stick to its aggressive stance to tame decades-high inflation.Markets have been swayed by data releases in recent days, with investors lacking certainty ahead of Federal Reserve guidance next week on interest rates.Such behavior means Friday's producer price index and the University of Michigan's consumer sentiment survey will likely dictate whether Wall Street can build on Thursday's rally.\"The market has to adjust to the fact that we're moving from a stimulus-based economy - both fiscal and monetary - into a fundamentals-based economy, and that's what we're grappling with right now,\" said Wiley Angell, chief market strategist at Ziegler Capital Management.The Dow Jones Industrial Average rose 183.56 points, or 0.55%, to close at 33,781.48; the S&P 500 gained 29.59 points, or 0.75%, to finish at 3,963.51; and the Nasdaq Composite added 123.45 points, or 1.13%, at 11,082.00.Nine of the 11 major S&P 500 sectors rose, led by a 1.6% gain in technology stocks.Most mega-cap technology and growth stocks gained. Apple Inc, Nvidia Corp and Amazon.com Inc rose between 1.2% and 6.5%.Microsoft Corp ended 1.2% higher, despite giving up some intraday gains after the Federal Trade Commission filed a complaint aimed at blocking the tech giant's $69 billion bid to buy Activision Blizzard Inc. The \"Call of Duty\" games maker closed 1.5% lower.The energy index was an exception, slipping 0.5%, despite Exxon Mobil Corp gaining 0.7% after announcing it would expand its $30-billion share repurchase program. The sector had been under pressure in recent sessions as commodity prices slipped: U.S. crude is now hovering near its level at the start of 2022.Meanwhile, Moderna Inc advanced 3.2% after the U.S. Food and Drug Administration authorized COVID-19 shots from the vaccine maker that target both the original coronavirus and Omicron sub-variants for use in children as young as six months old.The regulator also approved similar guidance for fellow COVID vaccine maker Pfizer Inc, which rose 3.1%, and its partner BioNTech, whose U.S.-listed shares    gained 5.6%.Rent the Runway Inc posted its biggest ever one-day gain, jumping 74.3%, after the clothing rental firm raised its 2022 revenue forecast.Volume on U.S. exchanges was 10.07 billion shares, compared with the 10.90 billion average for the full session over the last 20 trading days.The S&P 500 posted 15 new 52-week highs and three new lows; the Nasdaq Composite recorded 82 new highs and 232 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":334,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9984327392,"gmtCreate":1667541499316,"gmtModify":1676537934858,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582267850069988","idStr":"3582267850069988"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9984327392","repostId":"1125940057","repostType":4,"repost":{"id":"1125940057","kind":"news","pubTimestamp":1667540715,"share":"https://ttm.financial/m/news/1125940057?lang=&edition=fundamental","pubTime":"2022-11-04 13:45","market":"hk","language":"en","title":"Tech Audit, Reopening Bets Fuel Best China Stock Rally in Years","url":"https://stock-news.laohu8.com/highlight/detail?id=1125940057","media":"Bloomberg","summary":"Hang Seng China Enterprises Index up about 12% this weekGauge heading for its best week since 2015 a","content":"<html><head></head><body><ul><li>Hang Seng China Enterprises Index up about 12% this week</li><li>Gauge heading for its best week since 2015 after 4-month rout</li></ul><p>Chinese stocks in Hong Kong headed for their best week since 2015 as a US audit of the nation’s companies showed signs of progress, adding to earlier optimism sparked by bets Beijing may ease its strict pandemic rules.</p><p><img src=\"https://static.tigerbbs.com/84d3289f1af794a27f5183eada882833\" tg-width=\"455\" tg-height=\"720\" width=\"100%\" height=\"auto\"/></p><p>A gauge of equities listed in Hong Kong jumped as much as 8.8% in Friday’s session. The index is up about 12% for the week after unverified social media posts circulated earlier,claiming that a committee was being formed to assess scenarios on how to exit Covid Zero. That’s helped it erase losses suffered after last month’s Communist Party congress.</p><p>Tech stocks were the biggest gainers on Friday, with the Hang Seng Tech Index surging almost 11%. US audit officials completed their first on-site inspection round of Chinese companies ahead of schedule, according to people familiar with the matter, a sign of progress in the closely watched process to prevent the delisting of hundreds of stocks from Alibaba Group Holding Ltd. to Yum China Holdings Inc.</p><p>“With so many positive chatters in the market, the indexes are having a relief rally, said Willer Chen, an analyst at Forsyth Barr Asia Ltd. “A rumor of smooth talks between China-US over audits helped the sentiment as well” alongside growing talks about reopening, he added.</p><p><img src=\"https://static.tigerbbs.com/3a34d2eb120d1727367e16ea1ea750fe\" tg-width=\"930\" tg-height=\"523\" width=\"100%\" height=\"auto\"/></p><p>Rumor mills have infused strong optimism this week in embattled China markets, where traders have been seeking reasons to scoop up shares in one of the world’s worst-performing major markets. Stocks have rallied even as authorities have given no indication of a change in their stance on Covid Zero.</p><p>The CSI 300 Index, the benchmark for mainland stocks, also jumped more than 3% on Friday. The optimism spread to currency markets, with the offshore yuan rising more than 1%. Up more than 10% for the week, Hong Kong’s benchmark Hang Seng Index was set for the best gain since 2011.</p><p>Equities resumed gains on Friday after falling in the previous session as China’s top health body reiterated its commitment to the Covid Zero policy.</p><p>“There is still a tug of war going on between bulls and bears, bottom feeders and weary investors,” said Justin Tang, head of Asian research at United First Partners. “It will continue in the short term until we get a clearer idea whether there will be more pro-market policies under the new leadership.”</p></body></html>","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>Tech Audit, Reopening Bets Fuel Best China Stock Rally in Years</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\">\nTech Audit, Reopening Bets Fuel Best China Stock Rally in Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-04 13:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-11-04/china-stocks-head-for-best-week-in-two-years-on-reopening-bets?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hang Seng China Enterprises Index up about 12% this weekGauge heading for its best week since 2015 after 4-month routChinese stocks in Hong Kong headed for their best week since 2015 as a US audit of ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-04/china-stocks-head-for-best-week-in-two-years-on-reopening-bets?srnd=premium-asia\">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","09618":"京东集团-SW","HSTECH":"恒生科技指数","09866":"蔚来-SW","HSI":"恒生指数"},"source_url":"https://www.bloomberg.com/news/articles/2022-11-04/china-stocks-head-for-best-week-in-two-years-on-reopening-bets?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125940057","content_text":"Hang Seng China Enterprises Index up about 12% this weekGauge heading for its best week since 2015 after 4-month routChinese stocks in Hong Kong headed for their best week since 2015 as a US audit of the nation’s companies showed signs of progress, adding to earlier optimism sparked by bets Beijing may ease its strict pandemic rules.A gauge of equities listed in Hong Kong jumped as much as 8.8% in Friday’s session. The index is up about 12% for the week after unverified social media posts circulated earlier,claiming that a committee was being formed to assess scenarios on how to exit Covid Zero. That’s helped it erase losses suffered after last month’s Communist Party congress.Tech stocks were the biggest gainers on Friday, with the Hang Seng Tech Index surging almost 11%. US audit officials completed their first on-site inspection round of Chinese companies ahead of schedule, according to people familiar with the matter, a sign of progress in the closely watched process to prevent the delisting of hundreds of stocks from Alibaba Group Holding Ltd. to Yum China Holdings Inc.“With so many positive chatters in the market, the indexes are having a relief rally, said Willer Chen, an analyst at Forsyth Barr Asia Ltd. “A rumor of smooth talks between China-US over audits helped the sentiment as well” alongside growing talks about reopening, he added.Rumor mills have infused strong optimism this week in embattled China markets, where traders have been seeking reasons to scoop up shares in one of the world’s worst-performing major markets. Stocks have rallied even as authorities have given no indication of a change in their stance on Covid Zero.The CSI 300 Index, the benchmark for mainland stocks, also jumped more than 3% on Friday. The optimism spread to currency markets, with the offshore yuan rising more than 1%. Up more than 10% for the week, Hong Kong’s benchmark Hang Seng Index was set for the best gain since 2011.Equities resumed gains on Friday after falling in the previous session as China’s top health body reiterated its commitment to the Covid Zero policy.“There is still a tug of war going on between bulls and bears, bottom feeders and weary investors,” said Justin Tang, head of Asian research at United First Partners. “It will continue in the short term until we get a clearer idea whether there will be more pro-market policies under the new leadership.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":217,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9981004565,"gmtCreate":1666333911557,"gmtModify":1676537743043,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582267850069988","idStr":"3582267850069988"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9981004565","repostId":"1136541573","repostType":4,"repost":{"id":"1136541573","kind":"news","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1666330519,"share":"https://ttm.financial/m/news/1136541573?lang=&edition=fundamental","pubTime":"2022-10-21 13:35","market":"us","language":"en","title":"Earnings Are About to Get Even Crazier. 5 Things to Watch in Big Tech’s Results Next Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1136541573","media":"Dow Jones","summary":"Brace yourself. This coming week, the world’s largest tech companies all report their September-quar","content":"<html><head></head><body><p>Brace yourself. This coming week, the world’s largest tech companies all report their September-quarter financial results. And I mean all of them— Alphabet, <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>, <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>, <a href=\"https://laohu8.com/S/AAPL\">Apple</a>, <a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>, and <a href=\"https://laohu8.com/S/INTC\">Intel</a>, with special guest appearances from SAP, <a href=\"https://laohu8.com/S/SHOP\">Shopify</a>, <a href=\"https://laohu8.com/S/SPOT\">Spotify</a>, Seagate, ServiceNow, and Corning. Every one of these companies reports results in a three-day span, from Tuesday to Thursday. At least 25% of the S&amp;P 500’s market value will be reporting during the stretch.</p><p>It will be the last full read on the sector’s fundamental performance before the end of the year, and the wave of reports could determine the next swing in stock prices. The tech sector continues to face fierce headwinds from the strong dollar, softening consumer spending, rising interest rates, stubbornly high inflation, and a potential recession. The market is yearning for some hint that the worst is over, but don’t hold your breath.</p><p>Paul Meeks, portfolio manager with Independent Solutions Wealth Management, has a long list of tech stocks he’d like to buy, but he’s not yet ready. He’s sitting on a pile of cash, waiting for lower lows. Meeks thinks earnings season could be grisly and is particularly worried about chip stocks, which he’s historically loved but is now shunning. Meeks sees downward revisions ahead and worries that conditions in the March and June quarters could be even worse than the last two quarters of 2022.</p><p>This past week, though, there were some glimmers of hope. Netflix shares (ticker: NFLX) spiked 13% on Wednesday after the streaming-video pioneer posted better-than-expected subscriber growth and sounded generally bullish about the coming launch of its ad-supported membership tier. One day later, IBM shares (IBM) gained 4.7% after posting revenue that was $500 million above Wall Street estimates, thanks to strong demand in all three of its primary business segments—mainframes, software, and consulting.</p><p>Neither report seemed to improve the market’s dour mood, though. And that was before <a href=\"https://laohu8.com/S/SNAP\">Snap</a>’s disappointing report late Thursday.</p><p>Here are five key questions investors will be asking in the days ahead:</p><p>Will the recession slow cloud computing? <a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>, <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>, and <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> own the three largest players in the public cloud—Amazon Web Services, Azure, and Google Cloud. In the June quarter, all three showed strong growth but modest deceleration from the March quarter. The public clouds use consumption-based business models, like utilities—the more computing resources you use, the more you pay. As the economy softens, it’s not unreasonable to expect that customers with weakening business won’t need quite as much computing power as they have in the past. Consensus Wall Street estimates forecast that growth for all three cloud giants will slow further this quarter: Misses from any—or worse, all three—would not be well received.</p><p>How bad is the online advertising outlook? In recessions, ad spending erodes—and with two-thirds of ad dollars now spent on digital channels, there are considerable risks ahead for ad-supported tech businesses, in particular Alphabet, which owns Google and YouTube, and <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>, parent of Facebook and Instagram. Alphabet shares are down 30% this year, while Meta is off 60%—the disparity in part reflects the view that search ads should prove more resilient than display and direct-response ads. Meanwhile, there’s increasing competition. TikTok gets most of the attention, but both Amazon and <a href=\"https://laohu8.com/S/AAPL\">Apple</a> are building substantial ad businesses, while Netflix and <a href=\"https://laohu8.com/S/DIS\">Walt Disney</a> are adding ad-supported subscription streaming tiers. Even <a href=\"https://laohu8.com/S/UBER\">Uber Technologies</a> and <a href=\"https://laohu8.com/S/LYFT\">Lyft</a> are building ad businesses.</p><p>When will PC demand rebound? Personal computer demand is crashing. Gartner reports that PC shipments fell 19.5% in the third quarter, the sharpest decline ever and the fourth straight quarterly drop. That is bad for PC companies like Dell Technologies (DELL) and HP Inc. (HPQ), but the weakness has also triggered earnings warnings from PC-centric chip makers like <a href=\"https://laohu8.com/S/INTC\">Intel</a>, <a href=\"https://laohu8.com/S/AMD\">Advanced Micro Devices</a>, <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a>, and <a href=\"https://laohu8.com/S/MU\">Micron Technology</a>. We’ll get fresh insights on the PC market’s future this week from Microsoft, Intel, and Apple.</p><p>Will the holiday shopping season be a bust? Adobe projects online holiday spending will grow just 2.5%, the smallest increase ever. Amazon shares are down 31% this year, pressured by weakness in the company’s flagship online retailing arm, which has reported year-over-year declines in each of the past two quarters. Wall Street estimates call for a rebound to 9% growth in the September quarter, with 8% growth in the holiday quarter. But that might be optimistic—analysts think the company’s recent two-day sales event was a dud. Shopify’s (SHOP) results should provide additional color on the state of online shopping—and the outlook for the holidays.</p><p>Are enterprise IT budgets about to shrink? IBM CEO Arvind Krishna said this past week that conditions remain strong in the U.S. and Asia, but he sees customers in Western Europe growing more cautious. A sharp falloff in PC sales at Dell, which has only modest exposure to the consumer market, points to budget tightening. Krishna says that technology tends to boost productivity—offsetting inflationary pressures on labor and the supply chain. Microsoft and SAP (SAP) will both provide clues on where IT spending goes from here.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Earnings Are About to Get Even Crazier. 5 Things to Watch in Big Tech’s Results Next Week</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\">\nEarnings Are About to Get Even Crazier. 5 Things to Watch in Big Tech’s Results Next Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\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\">2022-10-21 13:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Brace yourself. This coming week, the world’s largest tech companies all report their September-quarter financial results. And I mean all of them— Alphabet, <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>, <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>, <a href=\"https://laohu8.com/S/AAPL\">Apple</a>, <a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>, and <a href=\"https://laohu8.com/S/INTC\">Intel</a>, with special guest appearances from SAP, <a href=\"https://laohu8.com/S/SHOP\">Shopify</a>, <a href=\"https://laohu8.com/S/SPOT\">Spotify</a>, Seagate, ServiceNow, and Corning. Every one of these companies reports results in a three-day span, from Tuesday to Thursday. At least 25% of the S&amp;P 500’s market value will be reporting during the stretch.</p><p>It will be the last full read on the sector’s fundamental performance before the end of the year, and the wave of reports could determine the next swing in stock prices. The tech sector continues to face fierce headwinds from the strong dollar, softening consumer spending, rising interest rates, stubbornly high inflation, and a potential recession. The market is yearning for some hint that the worst is over, but don’t hold your breath.</p><p>Paul Meeks, portfolio manager with Independent Solutions Wealth Management, has a long list of tech stocks he’d like to buy, but he’s not yet ready. He’s sitting on a pile of cash, waiting for lower lows. Meeks thinks earnings season could be grisly and is particularly worried about chip stocks, which he’s historically loved but is now shunning. Meeks sees downward revisions ahead and worries that conditions in the March and June quarters could be even worse than the last two quarters of 2022.</p><p>This past week, though, there were some glimmers of hope. Netflix shares (ticker: NFLX) spiked 13% on Wednesday after the streaming-video pioneer posted better-than-expected subscriber growth and sounded generally bullish about the coming launch of its ad-supported membership tier. One day later, IBM shares (IBM) gained 4.7% after posting revenue that was $500 million above Wall Street estimates, thanks to strong demand in all three of its primary business segments—mainframes, software, and consulting.</p><p>Neither report seemed to improve the market’s dour mood, though. And that was before <a href=\"https://laohu8.com/S/SNAP\">Snap</a>’s disappointing report late Thursday.</p><p>Here are five key questions investors will be asking in the days ahead:</p><p>Will the recession slow cloud computing? <a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>, <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>, and <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> own the three largest players in the public cloud—Amazon Web Services, Azure, and Google Cloud. In the June quarter, all three showed strong growth but modest deceleration from the March quarter. The public clouds use consumption-based business models, like utilities—the more computing resources you use, the more you pay. As the economy softens, it’s not unreasonable to expect that customers with weakening business won’t need quite as much computing power as they have in the past. Consensus Wall Street estimates forecast that growth for all three cloud giants will slow further this quarter: Misses from any—or worse, all three—would not be well received.</p><p>How bad is the online advertising outlook? In recessions, ad spending erodes—and with two-thirds of ad dollars now spent on digital channels, there are considerable risks ahead for ad-supported tech businesses, in particular Alphabet, which owns Google and YouTube, and <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>, parent of Facebook and Instagram. Alphabet shares are down 30% this year, while Meta is off 60%—the disparity in part reflects the view that search ads should prove more resilient than display and direct-response ads. Meanwhile, there’s increasing competition. TikTok gets most of the attention, but both Amazon and <a href=\"https://laohu8.com/S/AAPL\">Apple</a> are building substantial ad businesses, while Netflix and <a href=\"https://laohu8.com/S/DIS\">Walt Disney</a> are adding ad-supported subscription streaming tiers. Even <a href=\"https://laohu8.com/S/UBER\">Uber Technologies</a> and <a href=\"https://laohu8.com/S/LYFT\">Lyft</a> are building ad businesses.</p><p>When will PC demand rebound? Personal computer demand is crashing. Gartner reports that PC shipments fell 19.5% in the third quarter, the sharpest decline ever and the fourth straight quarterly drop. That is bad for PC companies like Dell Technologies (DELL) and HP Inc. (HPQ), but the weakness has also triggered earnings warnings from PC-centric chip makers like <a href=\"https://laohu8.com/S/INTC\">Intel</a>, <a href=\"https://laohu8.com/S/AMD\">Advanced Micro Devices</a>, <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a>, and <a href=\"https://laohu8.com/S/MU\">Micron Technology</a>. We’ll get fresh insights on the PC market’s future this week from Microsoft, Intel, and Apple.</p><p>Will the holiday shopping season be a bust? Adobe projects online holiday spending will grow just 2.5%, the smallest increase ever. Amazon shares are down 31% this year, pressured by weakness in the company’s flagship online retailing arm, which has reported year-over-year declines in each of the past two quarters. Wall Street estimates call for a rebound to 9% growth in the September quarter, with 8% growth in the holiday quarter. But that might be optimistic—analysts think the company’s recent two-day sales event was a dud. Shopify’s (SHOP) results should provide additional color on the state of online shopping—and the outlook for the holidays.</p><p>Are enterprise IT budgets about to shrink? IBM CEO Arvind Krishna said this past week that conditions remain strong in the U.S. and Asia, but he sees customers in Western Europe growing more cautious. A sharp falloff in PC sales at Dell, which has only modest exposure to the consumer market, points to budget tightening. Krishna says that technology tends to boost productivity—offsetting inflationary pressures on labor and the supply chain. Microsoft and SAP (SAP) will both provide clues on where IT spending goes from here.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc.","AMZN":"亚马逊","AAPL":"苹果"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136541573","content_text":"Brace yourself. This coming week, the world’s largest tech companies all report their September-quarter financial results. And I mean all of them— Alphabet, Microsoft, Meta Platforms, Apple, Amazon.com, and Intel, with special guest appearances from SAP, Shopify, Spotify, Seagate, ServiceNow, and Corning. Every one of these companies reports results in a three-day span, from Tuesday to Thursday. At least 25% of the S&P 500’s market value will be reporting during the stretch.It will be the last full read on the sector’s fundamental performance before the end of the year, and the wave of reports could determine the next swing in stock prices. The tech sector continues to face fierce headwinds from the strong dollar, softening consumer spending, rising interest rates, stubbornly high inflation, and a potential recession. The market is yearning for some hint that the worst is over, but don’t hold your breath.Paul Meeks, portfolio manager with Independent Solutions Wealth Management, has a long list of tech stocks he’d like to buy, but he’s not yet ready. He’s sitting on a pile of cash, waiting for lower lows. Meeks thinks earnings season could be grisly and is particularly worried about chip stocks, which he’s historically loved but is now shunning. Meeks sees downward revisions ahead and worries that conditions in the March and June quarters could be even worse than the last two quarters of 2022.This past week, though, there were some glimmers of hope. Netflix shares (ticker: NFLX) spiked 13% on Wednesday after the streaming-video pioneer posted better-than-expected subscriber growth and sounded generally bullish about the coming launch of its ad-supported membership tier. One day later, IBM shares (IBM) gained 4.7% after posting revenue that was $500 million above Wall Street estimates, thanks to strong demand in all three of its primary business segments—mainframes, software, and consulting.Neither report seemed to improve the market’s dour mood, though. And that was before Snap’s disappointing report late Thursday.Here are five key questions investors will be asking in the days ahead:Will the recession slow cloud computing? Amazon.com, Microsoft, and Alphabet own the three largest players in the public cloud—Amazon Web Services, Azure, and Google Cloud. In the June quarter, all three showed strong growth but modest deceleration from the March quarter. The public clouds use consumption-based business models, like utilities—the more computing resources you use, the more you pay. As the economy softens, it’s not unreasonable to expect that customers with weakening business won’t need quite as much computing power as they have in the past. Consensus Wall Street estimates forecast that growth for all three cloud giants will slow further this quarter: Misses from any—or worse, all three—would not be well received.How bad is the online advertising outlook? In recessions, ad spending erodes—and with two-thirds of ad dollars now spent on digital channels, there are considerable risks ahead for ad-supported tech businesses, in particular Alphabet, which owns Google and YouTube, and Meta Platforms, parent of Facebook and Instagram. Alphabet shares are down 30% this year, while Meta is off 60%—the disparity in part reflects the view that search ads should prove more resilient than display and direct-response ads. Meanwhile, there’s increasing competition. TikTok gets most of the attention, but both Amazon and Apple are building substantial ad businesses, while Netflix and Walt Disney are adding ad-supported subscription streaming tiers. Even Uber Technologies and Lyft are building ad businesses.When will PC demand rebound? Personal computer demand is crashing. Gartner reports that PC shipments fell 19.5% in the third quarter, the sharpest decline ever and the fourth straight quarterly drop. That is bad for PC companies like Dell Technologies (DELL) and HP Inc. (HPQ), but the weakness has also triggered earnings warnings from PC-centric chip makers like Intel, Advanced Micro Devices, Nvidia, and Micron Technology. We’ll get fresh insights on the PC market’s future this week from Microsoft, Intel, and Apple.Will the holiday shopping season be a bust? Adobe projects online holiday spending will grow just 2.5%, the smallest increase ever. Amazon shares are down 31% this year, pressured by weakness in the company’s flagship online retailing arm, which has reported year-over-year declines in each of the past two quarters. Wall Street estimates call for a rebound to 9% growth in the September quarter, with 8% growth in the holiday quarter. But that might be optimistic—analysts think the company’s recent two-day sales event was a dud. Shopify’s (SHOP) results should provide additional color on the state of online shopping—and the outlook for the holidays.Are enterprise IT budgets about to shrink? IBM CEO Arvind Krishna said this past week that conditions remain strong in the U.S. and Asia, but he sees customers in Western Europe growing more cautious. A sharp falloff in PC sales at Dell, which has only modest exposure to the consumer market, points to budget tightening. Krishna says that technology tends to boost productivity—offsetting inflationary pressures on labor and the supply chain. Microsoft and SAP (SAP) will both provide clues on where IT spending goes from here.","news_type":1},"isVote":1,"tweetType":1,"viewCount":77,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9912373798,"gmtCreate":1664762371514,"gmtModify":1676537504106,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582267850069988","idStr":"3582267850069988"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9912373798","repostId":"2272691220","repostType":4,"repost":{"id":"2272691220","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":1664755882,"share":"https://ttm.financial/m/news/2272691220?lang=&edition=fundamental","pubTime":"2022-10-03 08:11","market":"us","language":"en","title":"What Investors Need to Know About October's Complicated Stock-Market History","url":"https://stock-news.laohu8.com/highlight/detail?id=2272691220","media":"Dow Jones","summary":"While September lived up to its reputation as a brutal month for stocks, October tends to be a \"bear-market killer,\" associated with historically strong returns, especially in midterm election years.O","content":"<html><head></head><body><p>While September lived up to its reputation as a brutal month for stocks, October tends to be a &#34;bear-market killer,&#34; associated with historically strong returns, especially in midterm election years.</p><p>October, however, is also associated with historic market plunges. And skeptics are warning investors that negative economic fundamentals could overwhelm seasonal trends as what&#39;s traditionally the roughest period for equities comes to an end.</p><h2>Rough stretch</h2><p>U.S. stocks ended sharply lower on Friday, posting their worst skid in the first nine months of any year in two decades. The S&amp;P 500  recorded a monthly loss of 9.3%, its worst September performance since 2002. The Dow Jones Industrial Average  fell 8.8%, while the Nasdaq Composite  on Friday pushed its total monthly loss to 10.5%, according to Dow Jones Market Data.</p><p>The indexes had booked modest gains in the first half of the month after investors fully priced in a large interest-rate hike at the FOMC meeting late September as August&#39;s inflation data showed little sign of easing price pressures. However, the central bank&#39;s more-hawkish-than-expected stance caused stocks to give up all those early September gains. The Dow entered its first bear market since March 2020 in the last week of the month, while the benchmark S&amp;P slid to another 2022 low.</p><h2>Bear markets and midterms</h2><p>October&#39;s track record may offer some comfort as it has been a turnaround month, or a &#34;bear killer,&#34; according to the data from Stock Trader&#39;s Almanac.</p><p>&#34;Twelve post-WWII bear markets have ended in October: 1946, 1957, 1960, 1962, 1966, 1974, 1987, 1990, 1998, 2001, 2002 and 2011 (S&amp;P 500 declined 19.4%),&#34; wrote Jeff Hirsch, editor of the Stock Trader&#39;s Almanac, in a note on Thursday. &#34;Seven of these years were midterm bottoms.&#34;</p><p>Of course 2022 is also a midterm election year, with congressional elections coming up on Nov. 8.</p><p>According to Hirsch, Octobers in the midterm election years are &#34;downright stellar&#34; and usually where the &#34;sweet spot&#34; of the four-year presidential election cycle begins (see chart below).</p><p>&#34;The fourth quarter of the midterm years combines with the first and second quarters of the pre-election years for the best three consecutive quarter span for the market, averaging 19.3% for the DJIA and 20.0% for the S&amp;P 500 (since 1949), and an amazing 29.3% for NASDAQ (since 1971),&#34; wrote Hirsch.</p><p><img src=\"https://static.tigerbbs.com/5e12b4543bc89bc89d7601f09694c8c4\" tg-width=\"700\" tg-height=\"336\" width=\"100%\" height=\"auto\"/></p><h2>&#39;Atypical period&#39;</h2><p>Skeptics aren&#39;t convinced the pattern will hold true this October. Ralph Bassett, head of investments at Abrdn, an asset-management firm based in Scotland, said these dynamics could only play out in &#34;more normalized years.&#34;</p><p>&#34;This is just such an atypical period for so many reasons,&#34; Bassett told MarketWatch in a phone interview on Thursday. &#34;A lot of mutual funds have their fiscal year-end in October, so there tends to be a lot of buying and selling to manage tax losses. That&#39;s kind of something that we&#39;re going through and you have to be very sensitive to how you manage all of that.&#34;</p><p>An old Wall Street adage, &#34;Sell in May and go away,&#34; refers to the market&#39;s historical underperformance during the six-month period from May to October. Stock Trader&#39;s Almanac, which is credited with coining the saying, found investing in stocks from November to April and switching into fixed income the other six months would have &#34;produced reliable returns with reduced risk since 1950.&#34;</p><p>Strategists at Stifel, a wealth-management firm, contend the S&amp;P 500, which has fallen more than 23% from its Jan. 3 record finish, is in a bottoming process. They see positive catalysts between the fourth quarter of 2022 and the start of 2023 as Fed policy plus S&amp;P 500 negative seasonality are headwinds that should subside by then.</p><p>&#34;Monetary policy works with a six-month lag, and between the [Nov. 2] and [Dec. 14] final two Fed meetings of 2022, we do see subtle movement toward a data-dependent Fed pause which would bullishly allow investors to focus on (improving) inflation data rather than policy,&#34; wrote strategists led by Barry Bannister, chief equity strategist, in a recent note. &#34;This could reinforce positive market seasonality, which is historically strong for the S&amp;P 500 from November to April.&#34;</p><h2>October crashes</h2><p>Seasonal trends, however, aren&#39;t written in stone. Dow Jones Market Data found the S&amp;P 500 recorded positive returns between May and October in the past six years (see chart below).</p><p><img src=\"https://static.tigerbbs.com/ec700aa8aea3c05bd353dadb6dc79d9f\" tg-width=\"700\" tg-height=\"394\" width=\"100%\" height=\"auto\"/>Anthony Saglimbene, chief markets strategist at Ameriprise Financial, said there are periods in history where October could evoke fear on Wall Street as some large historical market crashes, including those in 1987 and 1929, occurred during the month. The S&amp;P 500 plunged nearly 17% in October 2008 after the implosion of Lehman Brothers, following a 9.1% fall in September.</p><p>&#34;I think that any years where you&#39;ve had a very difficult year for stocks, seasonality should discount it, because there are some other macro forces [that are] pushing on stocks, and you need to see more clarity on those macro forces that are pushing stocks down,&#34; Saglimbene told MarketWatch on Friday. &#34;Frankly, I don&#39;t think we&#39;re going to see a lot of visibility at least over the next few months.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Investors Need to Know About October's Complicated Stock-Market History</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\">\nWhat Investors Need to Know About October's Complicated Stock-Market History\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\">2022-10-03 08:11</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>While September lived up to its reputation as a brutal month for stocks, October tends to be a &#34;bear-market killer,&#34; associated with historically strong returns, especially in midterm election years.</p><p>October, however, is also associated with historic market plunges. And skeptics are warning investors that negative economic fundamentals could overwhelm seasonal trends as what&#39;s traditionally the roughest period for equities comes to an end.</p><h2>Rough stretch</h2><p>U.S. stocks ended sharply lower on Friday, posting their worst skid in the first nine months of any year in two decades. The S&amp;P 500  recorded a monthly loss of 9.3%, its worst September performance since 2002. The Dow Jones Industrial Average  fell 8.8%, while the Nasdaq Composite  on Friday pushed its total monthly loss to 10.5%, according to Dow Jones Market Data.</p><p>The indexes had booked modest gains in the first half of the month after investors fully priced in a large interest-rate hike at the FOMC meeting late September as August&#39;s inflation data showed little sign of easing price pressures. However, the central bank&#39;s more-hawkish-than-expected stance caused stocks to give up all those early September gains. The Dow entered its first bear market since March 2020 in the last week of the month, while the benchmark S&amp;P slid to another 2022 low.</p><h2>Bear markets and midterms</h2><p>October&#39;s track record may offer some comfort as it has been a turnaround month, or a &#34;bear killer,&#34; according to the data from Stock Trader&#39;s Almanac.</p><p>&#34;Twelve post-WWII bear markets have ended in October: 1946, 1957, 1960, 1962, 1966, 1974, 1987, 1990, 1998, 2001, 2002 and 2011 (S&amp;P 500 declined 19.4%),&#34; wrote Jeff Hirsch, editor of the Stock Trader&#39;s Almanac, in a note on Thursday. &#34;Seven of these years were midterm bottoms.&#34;</p><p>Of course 2022 is also a midterm election year, with congressional elections coming up on Nov. 8.</p><p>According to Hirsch, Octobers in the midterm election years are &#34;downright stellar&#34; and usually where the &#34;sweet spot&#34; of the four-year presidential election cycle begins (see chart below).</p><p>&#34;The fourth quarter of the midterm years combines with the first and second quarters of the pre-election years for the best three consecutive quarter span for the market, averaging 19.3% for the DJIA and 20.0% for the S&amp;P 500 (since 1949), and an amazing 29.3% for NASDAQ (since 1971),&#34; wrote Hirsch.</p><p><img src=\"https://static.tigerbbs.com/5e12b4543bc89bc89d7601f09694c8c4\" tg-width=\"700\" tg-height=\"336\" width=\"100%\" height=\"auto\"/></p><h2>&#39;Atypical period&#39;</h2><p>Skeptics aren&#39;t convinced the pattern will hold true this October. Ralph Bassett, head of investments at Abrdn, an asset-management firm based in Scotland, said these dynamics could only play out in &#34;more normalized years.&#34;</p><p>&#34;This is just such an atypical period for so many reasons,&#34; Bassett told MarketWatch in a phone interview on Thursday. &#34;A lot of mutual funds have their fiscal year-end in October, so there tends to be a lot of buying and selling to manage tax losses. That&#39;s kind of something that we&#39;re going through and you have to be very sensitive to how you manage all of that.&#34;</p><p>An old Wall Street adage, &#34;Sell in May and go away,&#34; refers to the market&#39;s historical underperformance during the six-month period from May to October. Stock Trader&#39;s Almanac, which is credited with coining the saying, found investing in stocks from November to April and switching into fixed income the other six months would have &#34;produced reliable returns with reduced risk since 1950.&#34;</p><p>Strategists at Stifel, a wealth-management firm, contend the S&amp;P 500, which has fallen more than 23% from its Jan. 3 record finish, is in a bottoming process. They see positive catalysts between the fourth quarter of 2022 and the start of 2023 as Fed policy plus S&amp;P 500 negative seasonality are headwinds that should subside by then.</p><p>&#34;Monetary policy works with a six-month lag, and between the [Nov. 2] and [Dec. 14] final two Fed meetings of 2022, we do see subtle movement toward a data-dependent Fed pause which would bullishly allow investors to focus on (improving) inflation data rather than policy,&#34; wrote strategists led by Barry Bannister, chief equity strategist, in a recent note. &#34;This could reinforce positive market seasonality, which is historically strong for the S&amp;P 500 from November to April.&#34;</p><h2>October crashes</h2><p>Seasonal trends, however, aren&#39;t written in stone. Dow Jones Market Data found the S&amp;P 500 recorded positive returns between May and October in the past six years (see chart below).</p><p><img src=\"https://static.tigerbbs.com/ec700aa8aea3c05bd353dadb6dc79d9f\" tg-width=\"700\" tg-height=\"394\" width=\"100%\" height=\"auto\"/>Anthony Saglimbene, chief markets strategist at Ameriprise Financial, said there are periods in history where October could evoke fear on Wall Street as some large historical market crashes, including those in 1987 and 1929, occurred during the month. The S&amp;P 500 plunged nearly 17% in October 2008 after the implosion of Lehman Brothers, following a 9.1% fall in September.</p><p>&#34;I think that any years where you&#39;ve had a very difficult year for stocks, seasonality should discount it, because there are some other macro forces [that are] pushing on stocks, and you need to see more clarity on those macro forces that are pushing stocks down,&#34; Saglimbene told MarketWatch on Friday. &#34;Frankly, I don&#39;t think we&#39;re going to see a lot of visibility at least over the next few months.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2272691220","content_text":"While September lived up to its reputation as a brutal month for stocks, October tends to be a \"bear-market killer,\" associated with historically strong returns, especially in midterm election years.October, however, is also associated with historic market plunges. And skeptics are warning investors that negative economic fundamentals could overwhelm seasonal trends as what's traditionally the roughest period for equities comes to an end.Rough stretchU.S. stocks ended sharply lower on Friday, posting their worst skid in the first nine months of any year in two decades. The S&P 500  recorded a monthly loss of 9.3%, its worst September performance since 2002. The Dow Jones Industrial Average  fell 8.8%, while the Nasdaq Composite  on Friday pushed its total monthly loss to 10.5%, according to Dow Jones Market Data.The indexes had booked modest gains in the first half of the month after investors fully priced in a large interest-rate hike at the FOMC meeting late September as August's inflation data showed little sign of easing price pressures. However, the central bank's more-hawkish-than-expected stance caused stocks to give up all those early September gains. The Dow entered its first bear market since March 2020 in the last week of the month, while the benchmark S&P slid to another 2022 low.Bear markets and midtermsOctober's track record may offer some comfort as it has been a turnaround month, or a \"bear killer,\" according to the data from Stock Trader's Almanac.\"Twelve post-WWII bear markets have ended in October: 1946, 1957, 1960, 1962, 1966, 1974, 1987, 1990, 1998, 2001, 2002 and 2011 (S&P 500 declined 19.4%),\" wrote Jeff Hirsch, editor of the Stock Trader's Almanac, in a note on Thursday. \"Seven of these years were midterm bottoms.\"Of course 2022 is also a midterm election year, with congressional elections coming up on Nov. 8.According to Hirsch, Octobers in the midterm election years are \"downright stellar\" and usually where the \"sweet spot\" of the four-year presidential election cycle begins (see chart below).\"The fourth quarter of the midterm years combines with the first and second quarters of the pre-election years for the best three consecutive quarter span for the market, averaging 19.3% for the DJIA and 20.0% for the S&P 500 (since 1949), and an amazing 29.3% for NASDAQ (since 1971),\" wrote Hirsch.'Atypical period'Skeptics aren't convinced the pattern will hold true this October. Ralph Bassett, head of investments at Abrdn, an asset-management firm based in Scotland, said these dynamics could only play out in \"more normalized years.\"\"This is just such an atypical period for so many reasons,\" Bassett told MarketWatch in a phone interview on Thursday. \"A lot of mutual funds have their fiscal year-end in October, so there tends to be a lot of buying and selling to manage tax losses. That's kind of something that we're going through and you have to be very sensitive to how you manage all of that.\"An old Wall Street adage, \"Sell in May and go away,\" refers to the market's historical underperformance during the six-month period from May to October. Stock Trader's Almanac, which is credited with coining the saying, found investing in stocks from November to April and switching into fixed income the other six months would have \"produced reliable returns with reduced risk since 1950.\"Strategists at Stifel, a wealth-management firm, contend the S&P 500, which has fallen more than 23% from its Jan. 3 record finish, is in a bottoming process. They see positive catalysts between the fourth quarter of 2022 and the start of 2023 as Fed policy plus S&P 500 negative seasonality are headwinds that should subside by then.\"Monetary policy works with a six-month lag, and between the [Nov. 2] and [Dec. 14] final two Fed meetings of 2022, we do see subtle movement toward a data-dependent Fed pause which would bullishly allow investors to focus on (improving) inflation data rather than policy,\" wrote strategists led by Barry Bannister, chief equity strategist, in a recent note. \"This could reinforce positive market seasonality, which is historically strong for the S&P 500 from November to April.\"October crashesSeasonal trends, however, aren't written in stone. Dow Jones Market Data found the S&P 500 recorded positive returns between May and October in the past six years (see chart below).Anthony Saglimbene, chief markets strategist at Ameriprise Financial, said there are periods in history where October could evoke fear on Wall Street as some large historical market crashes, including those in 1987 and 1929, occurred during the month. The S&P 500 plunged nearly 17% in October 2008 after the implosion of Lehman Brothers, following a 9.1% fall in September.\"I think that any years where you've had a very difficult year for stocks, seasonality should discount it, because there are some other macro forces [that are] pushing on stocks, and you need to see more clarity on those macro forces that are pushing stocks down,\" Saglimbene told MarketWatch on Friday. \"Frankly, I don't think we're going to see a lot of visibility at least over the next few months.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9913998987,"gmtCreate":1663894081049,"gmtModify":1676537357500,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582267850069988","idStr":"3582267850069988"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9913998987","repostId":"2269749121","repostType":4,"repost":{"id":"2269749121","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1663887366,"share":"https://ttm.financial/m/news/2269749121?lang=&edition=fundamental","pubTime":"2022-09-23 06:56","market":"us","language":"en","title":"Wall Street Ends Down for Third Day As Growth Concerns Weigh on Tech","url":"https://stock-news.laohu8.com/highlight/detail?id=2269749121","media":"Reuters","summary":"* Tech stocks down in aftermath of Fed's latest rate move* Investors concerned about possibility of ","content":"<html><head></head><body><p>* Tech stocks down in aftermath of Fed&#39;s latest rate move</p><p>* Investors concerned about possibility of recession</p><p>* Darden Restaurants falls on downbeat quarterly sales</p><p>* JetBlue posts lowest close since March 2020</p><p>* Indexes down: Dow 0.35%, S&amp;P 0.84%, Nasdaq 1.37%</p><p>Sept 22 (Reuters) - Major Wall Street indexes ended lower on Thursday, falling for a third straight session as investors reacted to the Federal Reserve&#39;s latest aggressive move to rein in inflation by selling growth stocks, including technology companies.</p><p>The Fed lifted rates by an expected 75 basis points on Wednesday and signaled a longer trajectory for policy rates than markets had priced in, fuelling fears of further volatility in stock and bond trading in a year that has already seen bear markets in both asset classes.</p><p>The U.S. central bank&#39;s projections for economic growth released on Wednesday were also eye-catching, with growth of just 0.2% this year, rising to 1.2% for 2023.</p><p>Jitters were already present in the market after a number of companies - most recently FedEx Corp and Ford Motor Co- issued dire outlooks for earnings.</p><p>As of Friday, the S&amp;P 500&#39;s estimated earnings growth for the third quarter is at 5%, according to Refinitiv data. Excluding the energy sector, the growth rate is at -1.7%.</p><p>The S&amp;P 500&#39;s forward price-to-earnings ratio, a common metric for valuing stocks, is at 16.8 times earnings - far below the nearly 22 times forward P/E that stocks commanded at the start of the year.</p><p>Nine of the 11 major S&amp;P sectors fell, led by declines of 2.2% and 1.7%, respectively, in consumer discretionary and financial stocks.</p><p>Shares of megacap technology and growth companies such as Amazon.com Inc, Tesla Inc and Nvidia Corp fell between 1% and 5.3% as benchmark U.S. Treasury yields hit an 11-year high.</p><p>Rising yields weigh particularly on valuations of companies in the technology sector, which have high expected future earnings and form a significant part of the market-cap weighted indexes such as the S&amp;P 500.</p><p>The S&amp;P 500 tech sector has slumped 28% so far this year, compared with a 21.2% decline in the benchmark index.</p><p>&#34;If we continue to have sticky inflation, and if (Fed Chair Jerome) Powell sticks to his guns as he indicates, I think we enter recession and we see significant drawdown on earnings expectations,&#34; said Mike Mullaney, director of global markets at Boston Partners.</p><p>&#34;If this happens, I have high conviction under those conditions that we break 3,636,&#34; he added, referring to the S&amp;P 500&#39;s mid-June low, its weakest point of the year.</p><p>The Dow Jones Industrial Average fell 107.1 points, or 0.35%, to 30,076.68, the S&amp;P 500 lost 31.94 points, or 0.84%, to 3,757.99 and the Nasdaq Composite dropped 153.39 points, or 1.37%, to 11,066.81.</p><p>Major U.S. airlines - which have enjoyed a rebound amid increased travel as pandemic restrictions end - were also down, with United Airlines and American Airlines falling 4.6% and 3.9% respectively. This took losses in the last three days to 11% for United and 10.6% for American.</p><p>JetBlue Airways Corp, off 7.1% and also recording a third straight loss, closed at its lowest level since March 2020.</p><p>Darden Restaurants Inc slid 4.4% after the Olive Garden parent reported downbeat first-quarter sales.</p><p>Volume on U.S. exchanges was 11.39 billion shares, compared with the 10.91 billion average for the full session over the last 20 trading days.</p><p>The S&amp;P 500 posted one new 52-week high and 123 new lows; the Nasdaq Composite recorded 18 new highs and 699 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Ends Down for Third Day As Growth Concerns Weigh on Tech</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Ends Down for Third Day As Growth Concerns Weigh on Tech\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\">2022-09-23 06:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Tech stocks down in aftermath of Fed&#39;s latest rate move</p><p>* Investors concerned about possibility of recession</p><p>* Darden Restaurants falls on downbeat quarterly sales</p><p>* JetBlue posts lowest close since March 2020</p><p>* Indexes down: Dow 0.35%, S&amp;P 0.84%, Nasdaq 1.37%</p><p>Sept 22 (Reuters) - Major Wall Street indexes ended lower on Thursday, falling for a third straight session as investors reacted to the Federal Reserve&#39;s latest aggressive move to rein in inflation by selling growth stocks, including technology companies.</p><p>The Fed lifted rates by an expected 75 basis points on Wednesday and signaled a longer trajectory for policy rates than markets had priced in, fuelling fears of further volatility in stock and bond trading in a year that has already seen bear markets in both asset classes.</p><p>The U.S. central bank&#39;s projections for economic growth released on Wednesday were also eye-catching, with growth of just 0.2% this year, rising to 1.2% for 2023.</p><p>Jitters were already present in the market after a number of companies - most recently FedEx Corp and Ford Motor Co- issued dire outlooks for earnings.</p><p>As of Friday, the S&amp;P 500&#39;s estimated earnings growth for the third quarter is at 5%, according to Refinitiv data. Excluding the energy sector, the growth rate is at -1.7%.</p><p>The S&amp;P 500&#39;s forward price-to-earnings ratio, a common metric for valuing stocks, is at 16.8 times earnings - far below the nearly 22 times forward P/E that stocks commanded at the start of the year.</p><p>Nine of the 11 major S&amp;P sectors fell, led by declines of 2.2% and 1.7%, respectively, in consumer discretionary and financial stocks.</p><p>Shares of megacap technology and growth companies such as Amazon.com Inc, Tesla Inc and Nvidia Corp fell between 1% and 5.3% as benchmark U.S. Treasury yields hit an 11-year high.</p><p>Rising yields weigh particularly on valuations of companies in the technology sector, which have high expected future earnings and form a significant part of the market-cap weighted indexes such as the S&amp;P 500.</p><p>The S&amp;P 500 tech sector has slumped 28% so far this year, compared with a 21.2% decline in the benchmark index.</p><p>&#34;If we continue to have sticky inflation, and if (Fed Chair Jerome) Powell sticks to his guns as he indicates, I think we enter recession and we see significant drawdown on earnings expectations,&#34; said Mike Mullaney, director of global markets at Boston Partners.</p><p>&#34;If this happens, I have high conviction under those conditions that we break 3,636,&#34; he added, referring to the S&amp;P 500&#39;s mid-June low, its weakest point of the year.</p><p>The Dow Jones Industrial Average fell 107.1 points, or 0.35%, to 30,076.68, the S&amp;P 500 lost 31.94 points, or 0.84%, to 3,757.99 and the Nasdaq Composite dropped 153.39 points, or 1.37%, to 11,066.81.</p><p>Major U.S. airlines - which have enjoyed a rebound amid increased travel as pandemic restrictions end - were also down, with United Airlines and American Airlines falling 4.6% and 3.9% respectively. This took losses in the last three days to 11% for United and 10.6% for American.</p><p>JetBlue Airways Corp, off 7.1% and also recording a third straight loss, closed at its lowest level since March 2020.</p><p>Darden Restaurants Inc slid 4.4% after the Olive Garden parent reported downbeat first-quarter sales.</p><p>Volume on U.S. exchanges was 11.39 billion shares, compared with the 10.91 billion average for the full session over the last 20 trading days.</p><p>The S&amp;P 500 posted one new 52-week high and 123 new lows; the Nasdaq Composite recorded 18 new highs and 699 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DDM":"道指两倍做多ETF","SSO":"两倍做多标普500ETF","OEX":"标普100","SPXU":"三倍做空标普500ETF","SDS":"两倍做空标普500ETF","OEF":"标普100指数ETF-iShares","UDOW":"道指三倍做多ETF-ProShares","SPY":"标普500ETF","UPRO":"三倍做多标普500ETF","LHDX":"Lucira Health, Inc.","AMZN":"亚马逊","DJX":"1/100道琼斯","DOG":"道指反向ETF","FDX":"联邦快递","BK4559":"巴菲特持仓","BK4550":"红杉资本持仓","LABP":"Landos Biopharma, Inc.","SH":"标普500反向ETF","CGEM":"Cullinan Therapeutics","SANA":"Sana Biotechnology, Inc.","DRI":"达登饭店","JBLU":"捷蓝航空","BK4581":"高盛持仓",".IXIC":"NASDAQ Composite","AAL":"美国航空","NVDA":"英伟达","IVV":"标普500指数ETF","UAL":"联合大陆航空","F":"福特汽车","TSLA":"特斯拉",".SPX":"S&P 500 Index",".DJI":"道琼斯","SDOW":"道指三倍做空ETF-ProShares","DXD":"道指两倍做空ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2269749121","content_text":"* Tech stocks down in aftermath of Fed's latest rate move* Investors concerned about possibility of recession* Darden Restaurants falls on downbeat quarterly sales* JetBlue posts lowest close since March 2020* Indexes down: Dow 0.35%, S&P 0.84%, Nasdaq 1.37%Sept 22 (Reuters) - Major Wall Street indexes ended lower on Thursday, falling for a third straight session as investors reacted to the Federal Reserve's latest aggressive move to rein in inflation by selling growth stocks, including technology companies.The Fed lifted rates by an expected 75 basis points on Wednesday and signaled a longer trajectory for policy rates than markets had priced in, fuelling fears of further volatility in stock and bond trading in a year that has already seen bear markets in both asset classes.The U.S. central bank's projections for economic growth released on Wednesday were also eye-catching, with growth of just 0.2% this year, rising to 1.2% for 2023.Jitters were already present in the market after a number of companies - most recently FedEx Corp and Ford Motor Co- issued dire outlooks for earnings.As of Friday, the S&P 500's estimated earnings growth for the third quarter is at 5%, according to Refinitiv data. Excluding the energy sector, the growth rate is at -1.7%.The S&P 500's forward price-to-earnings ratio, a common metric for valuing stocks, is at 16.8 times earnings - far below the nearly 22 times forward P/E that stocks commanded at the start of the year.Nine of the 11 major S&P sectors fell, led by declines of 2.2% and 1.7%, respectively, in consumer discretionary and financial stocks.Shares of megacap technology and growth companies such as Amazon.com Inc, Tesla Inc and Nvidia Corp fell between 1% and 5.3% as benchmark U.S. Treasury yields hit an 11-year high.Rising yields weigh particularly on valuations of companies in the technology sector, which have high expected future earnings and form a significant part of the market-cap weighted indexes such as the S&P 500.The S&P 500 tech sector has slumped 28% so far this year, compared with a 21.2% decline in the benchmark index.\"If we continue to have sticky inflation, and if (Fed Chair Jerome) Powell sticks to his guns as he indicates, I think we enter recession and we see significant drawdown on earnings expectations,\" said Mike Mullaney, director of global markets at Boston Partners.\"If this happens, I have high conviction under those conditions that we break 3,636,\" he added, referring to the S&P 500's mid-June low, its weakest point of the year.The Dow Jones Industrial Average fell 107.1 points, or 0.35%, to 30,076.68, the S&P 500 lost 31.94 points, or 0.84%, to 3,757.99 and the Nasdaq Composite dropped 153.39 points, or 1.37%, to 11,066.81.Major U.S. airlines - which have enjoyed a rebound amid increased travel as pandemic restrictions end - were also down, with United Airlines and American Airlines falling 4.6% and 3.9% respectively. This took losses in the last three days to 11% for United and 10.6% for American.JetBlue Airways Corp, off 7.1% and also recording a third straight loss, closed at its lowest level since March 2020.Darden Restaurants Inc slid 4.4% after the Olive Garden parent reported downbeat first-quarter sales.Volume on U.S. exchanges was 11.39 billion shares, compared with the 10.91 billion average for the full session over the last 20 trading days.The S&P 500 posted one new 52-week high and 123 new lows; the Nasdaq Composite recorded 18 new highs and 699 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114175886,"gmtCreate":1623061581345,"gmtModify":1704195248663,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582267850069988","idStr":"3582267850069988"},"themes":[],"htmlText":"Like and comment pls, thanks&nbsp;","listText":"Like and comment pls, thanks&nbsp;","text":"Like and comment pls, thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/114175886","repostId":"1130425727","repostType":4,"repost":{"id":"1130425727","kind":"news","pubTimestamp":1623059357,"share":"https://ttm.financial/m/news/1130425727?lang=&edition=fundamental","pubTime":"2021-06-07 17:49","market":"us","language":"en","title":"GameStop And AMC Could Soon Be In The Russell 1000 Index","url":"https://stock-news.laohu8.com/highlight/detail?id=1130425727","media":"zerohedge","summary":"If you had said during the beginning of the pandemic we'd be talking about whether or not retailer G","content":"<p>If you had said during the beginning of the pandemic we'd be talking about whether or not retailer GameStop and dying movie chain AMC would be moved from the Russell 2000 up to the large cap Russell 1000 - instead of being dropped from the index altogether - people would have assumed you were joking.</p>\n<p>But now that question is legitimately on the table thanks to the astronomical run in both names and the upcoming&nbsp;Russell Reconstitution, according toBloomberg.</p>\n<p>The reconstitution, which takes place on June 25, is going to affect more than $10 trillion in investors' assets and exchange volumes are usually \"among the heaviest of the year\" around the time it happens.</p>\n<p>The cutoff for the&nbsp;Russell 1000 from the Russell 2000 is $5.2 billion. GameStop currently sports a market cap of $18.4 billion and AMC sports a market cap of $24.6 billion.</p>\n<p><img src=\"https://static.tigerbbs.com/de7f6288e513499930029aaf094b5871\" tg-width=\"500\" tg-height=\"290\">FTSE Russellput out a press releaselast week explaining how the process is going to work:</p>\n<ul>\n <li>“The market capitalization breakpoint which separates companies in the U.S. large-cap Russell 1000 Index and companies in the U.S. small-cap Russell 2000 Index increased by 73% from $3.0 billion in 2020 to $5.2 billion for 2021.”</li>\n <li>“The closely-watched final index membership lists, with breakouts for the Russell 1000 Index, the Russell 2000 Index and the Russell Midcap Index, will be published on Monday, June 28 when the Russell Reconstitution takes effect and the newly reconstituted indexes begin to operate.”</li>\n</ul>\n<p>Catherine Yoshimoto, FTSE Russell Director of Product Management, said: “In 2020, overall capitalization for the US equity market stayed fairly flat, decreasing by 1%. However, we’ve seen a surge in growth in the first half of 2021 with the total market cap in the Russell 1000 reaching $44.1 trillion. We have also seen a resurgence in market capitalizations of small cap companies in the Russell 2000 reflecting the overall bounce back of US equity markets following the COVID-19 recession in early 2020.”</p>\n<p>Any inclusion for shares of GME and AMC could have a profound effect not only on trading volume for the day, but also on morale amongst the retail crowd that touts the names, as they may see inclusion as a reason to rally and run up shares.</p>\n<p>Approximately $17.9 trillion is currently benchmarked to FTSE Russell indexes, the release notes.</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>GameStop And AMC Could Soon Be In The Russell 1000 Index</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\">\nGameStop And AMC Could Soon Be In The Russell 1000 Index\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-07 17:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/gamestop-and-amc-could-soon-be-russell-1000-index><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you had said during the beginning of the pandemic we'd be talking about whether or not retailer GameStop and dying movie chain AMC would be moved from the Russell 2000 up to the large cap Russell ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/gamestop-and-amc-could-soon-be-russell-1000-index\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站","AMC":"AMC院线"},"source_url":"https://www.zerohedge.com/markets/gamestop-and-amc-could-soon-be-russell-1000-index","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130425727","content_text":"If you had said during the beginning of the pandemic we'd be talking about whether or not retailer GameStop and dying movie chain AMC would be moved from the Russell 2000 up to the large cap Russell 1000 - instead of being dropped from the index altogether - people would have assumed you were joking.\nBut now that question is legitimately on the table thanks to the astronomical run in both names and the upcoming Russell Reconstitution, according toBloomberg.\nThe reconstitution, which takes place on June 25, is going to affect more than $10 trillion in investors' assets and exchange volumes are usually \"among the heaviest of the year\" around the time it happens.\nThe cutoff for the Russell 1000 from the Russell 2000 is $5.2 billion. GameStop currently sports a market cap of $18.4 billion and AMC sports a market cap of $24.6 billion.\nFTSE Russellput out a press releaselast week explaining how the process is going to work:\n\n“The market capitalization breakpoint which separates companies in the U.S. large-cap Russell 1000 Index and companies in the U.S. small-cap Russell 2000 Index increased by 73% from $3.0 billion in 2020 to $5.2 billion for 2021.”\n“The closely-watched final index membership lists, with breakouts for the Russell 1000 Index, the Russell 2000 Index and the Russell Midcap Index, will be published on Monday, June 28 when the Russell Reconstitution takes effect and the newly reconstituted indexes begin to operate.”\n\nCatherine Yoshimoto, FTSE Russell Director of Product Management, said: “In 2020, overall capitalization for the US equity market stayed fairly flat, decreasing by 1%. However, we’ve seen a surge in growth in the first half of 2021 with the total market cap in the Russell 1000 reaching $44.1 trillion. We have also seen a resurgence in market capitalizations of small cap companies in the Russell 2000 reflecting the overall bounce back of US equity markets following the COVID-19 recession in early 2020.”\nAny inclusion for shares of GME and AMC could have a profound effect not only on trading volume for the day, but also on morale amongst the retail crowd that touts the names, as they may see inclusion as a reason to rally and run up shares.\nApproximately $17.9 trillion is currently benchmarked to FTSE Russell indexes, the release notes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":198,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9962531655,"gmtCreate":1669801600578,"gmtModify":1676538246273,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582267850069988","idStr":"3582267850069988"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9962531655","repostId":"1106229901","repostType":4,"repost":{"id":"1106229901","kind":"news","pubTimestamp":1669821685,"share":"https://ttm.financial/m/news/1106229901?lang=&edition=fundamental","pubTime":"2022-11-30 23:21","market":"us","language":"en","title":"SQQQ, TQQQ: Leveraged ETFs Can Be A (Short-Term) Home Run Or A (Long-Term) Loaded Gun","url":"https://stock-news.laohu8.com/highlight/detail?id=1106229901","media":"Seeking Alpha","summary":"SummaryLeveraged ETFs are explosive securities with the ability/potential to give your portfolio a b","content":"<html><head></head><body><h3>Summary</h3><ul><li>Leveraged ETFs are explosive securities with the ability/potential to give your portfolio a big boost (&#39;home run&#39;) or to cause severe damage (&#39;loaded gun&#39;).</li><li>&#39;Home run&#39; allows the batter (investor) to make a complete circuit (whole), and score a big r(et)u(r)n (as well as hedging) for the team (portfolio).</li><li>&#39;Loaded gun&#39; refers to something dangerous, an accident waiting to happen. Playing (investing) with something (leverage) that shouldn&#39;t be messed with.</li><li>In this article, we try to cover all the bases you may find within the leveraged ETFs pitch, particularly 3x-leveraged NASDAQ-100 and Semiconductor ETFs.</li></ul><h3>Prologue</h3><p>Nearly two weeks ago we wrote about &#39;hedging through shorting&#39;, while presenting our short positions in two 3x-leveraged ETFs: ProShares UltraPro QQQ ETF (NASDAQ:TQQQ) and Direxion Daily Semiconductor 3x Bull Shares ETF (SOXL).</p><p>In this article, we wish to remain within the same theme (hedging through shorting) and elaborate on this topic, particularly touching upon two very important aspects that are (not only related but) crucial to the theme:</p><p>1) Leveraged ETFs (in general): Buy vs. Sell, Pros and Cons, Risk and Reward.</p><p>2) Live demonstration of how leveraged ETFs&#39; mechanics work (or don&#39;t work...): Specific examples using two pairs of growth/tech leveraged ETFs:</p><ul><li>Big Tech: ProShares UltraPro QQQ (TQQQ) vs ProShares UltraPro Short QQQ (NASDAQ:SQQQ)</li><li>Semiconductors: Direxion Daily Semiconductor 3X Bull Shares ETF (SOXL) vs Direxion Daily Semiconductor 3X Bear Shares ETF (SOXS)</li></ul><h3>Leveraged ETFs - Key Features</h3><p><b>Buy vs Sell</b></p><p>This is likely the most important aspect to keep in mind.</p><p>Since leveraged ETFs use options/derivatives to achieve the magnifying element (leveraging) - any leveraged ETF, by definition, suffers from time decay, aka &#34;Theta&#34;.</p><blockquote>Time decay is a measure of the rate of decline in the value of an options contract due to the passage of time. Time decay accelerates as an option&#39;s time to expiration draws closer since there&#39;s less time to realize a profit from the trade. - [Source]</blockquote><p>What you need to know:</p><p>1. The closer an option is to its expiry date - the more rapidly it&#39;s losing money (to time decay).</p><p>2. An &#34;At The Money&#34; (&#34;ATM&#34;) option will receive the biggest premium at the start, but will lose the most, at an accelerating pace, towards the end.</p><p>3. An &#34;In The Money&#34; (&#34;ITM&#34;) option will receive the smallest premium at the start, and it will lose that premium, at a fairly steady pace, along its life.</p><p><img src=\"https://static.tigerbbs.com/368ed5a08b21ab35157fd2dafd062adb\" tg-width=\"1126\" tg-height=\"720\" referrerpolicy=\"no-referrer\"/>From a pure Theta perspective, it&#39;s categorically better to sell a leveraged ETF than to buy one, because the (loss of) time decay is working in the investor&#39;s favor.</p><h3>Pros and Cons</h3><p>Leveraged ETFs are risky instruments.</p><p>Therefore, there are certain features one must be aware of, and there are certain rules one would be better off adhering to.</p><ul><li>Leverage (of a benchmark)</li></ul><p>Principally, all leveraged ETFs are aiming to amplify the return of a non-leveraged instrument, usually an index. For example:</p><p><img src=\"https://static.tigerbbs.com/150dbfc8472af659f2d4d0944b5e98c5\" tg-width=\"639\" tg-height=\"389\" referrerpolicy=\"no-referrer\"/><img src=\"https://static.tigerbbs.com/3aacda8b59c69aea79e6571fb0afcdde\" tg-width=\"623\" tg-height=\"688\" referrerpolicy=\"no-referrer\"/>It&#39;s important to remain within one&#39;s comfort zone, and to ensure that the use of a leveraged ETF fits the investor&#39;s profile, needs, and risk aversion.</p><ul><li>Volatility</li></ul><p>Looking at the 30-Day Rolling Volatility, you can see that the leverage is amplifying not only the return, but also the volatility. A 3x-leveraged ETF is 3x as volatile as the benchmark it&#39;s looking to copy.</p><p>Semis:</p><p><img src=\"https://static.tigerbbs.com/d9d915744f2a6776e745da15b2cecab4\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Tech:</p><p><img src=\"https://static.tigerbbs.com/dfac9d30f417c667d74397fc29f1dcdd\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/></p><ul><li><b>Daily performance</b></li></ul><p>This is one of the features many investors miss or fail to understand.</p><p>Leveraged ETFs are trying to mimic the daily performance of a certain benchmark. As such, when you look at the daily (or short-term for that matter) performance - the leveraged ETF is likely to show a very/fairly close return to the leverage it offers (be it a long or a short mechanism). For example:</p><p>Semis&#39; 1-day price change: Daily returns of SOXL and SOXS are about +3x and -3x, respectively, the daily return of SOXX.</p><p><img src=\"https://static.tigerbbs.com/08ca1f40fcd06f5ad9537f02af6ffe76\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Tech&#39;s 1-day price change: Daily returns of TQQQ and SQQQ are about +3x and -3x, respectively, the daily return of QQQ.</p><p><img src=\"https://static.tigerbbs.com/a55a842f81460cba9dc1a6938d472d92\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Nonetheless, if we move to a longer period, say 2022, the math isn&#39;t as straight as it&#39;s when we look at the short-term.</p><p>Semis&#39; YTD price change: YTD returns of SOXL and SOXS are about +2.65x and -0.07x, respectively, the YTD return of SOXX.</p><p><img src=\"https://static.tigerbbs.com/92d1ddfcba6984ae9d30559901dfc14c\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Tech&#39;s YTD price change: YTD returns of TQQQ and SQQQ are about +2.61x and -2.87x [=(52.59+28.13)/-28.13], respectively, the daily return of QQQ.</p><p><img src=\"https://static.tigerbbs.com/411ddaf98aa8aa072f20f9953bac8e26\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Over time, and assuming the benchmark/index doesn&#39;t move in a (fairly) straight line - the performance of a leveraged ETF may differ significantly from the performance of the underlying benchmark.</p><h3>Risk and Reward</h3><ul><li>Phenomenal/Horrendous Total Returns</li></ul><p>First and foremost, as you may well understand, the main risk is the (quite reasonable) scenario of losing a lot of money, quickly.</p><p>Of course, there&#39;s always the flip-side of that coin, and leveraged ETFs may also deliver significant returns (during short periods).</p><p>If &#34;Timing is Everything&#34;, generally speaking, it&#39;s even more crucial when it comes to buying leveraged ETFs. One must have a high conviction, a near-perfect timing, a short-term trading view/mentality, and an exit (including stop loss) strategy. [We elaborate on these elements at the end of this article.]</p><p>Below you can see the total returns of the leveraged ETFs we focus on during two very different periods.</p><p>1) Bear Market: Total Return since Dec. 27, 2021</p><p>Semis:</p><p><img src=\"https://static.tigerbbs.com/6894a55ca17620f94b6c167ef6402e40\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Tech:</p><p><img src=\"https://static.tigerbbs.com/1101bbe95e105d513c3e3ea4558a48fd\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Clearly, there&#39;s a lot of money to be lost (or made) during a bear market with any instrument, let alone 3x-leveraged ETFs. While the benchmarks (SOXX, QQQ) have lost ~30%, the ultra long ETFs (SOXL, TQQQ) have lost over 3/4 of their value, and the ultra short ETFs (SOXS, SQQQ) have actually gained.</p><p>Pay attention to the divergence between SOXS (a gain of only 4.5%) and SQQQ (a gain of 59.3%), a result of the recent speedy recovery of Semis (relative to Tech) in recent weeks.</p><p>2) Bull Market: Total Return from Mar. 23, 2020 to Dec. 27, 2021</p><p>Semis:</p><p><img src=\"https://static.tigerbbs.com/92b8f1a0c1b82b3cb1e5ad23e4896cd7\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Tech:</p><p><img src=\"https://static.tigerbbs.com/b74788301b08e6b05cb21c07a2bf633e\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Clearly, there&#39;s a lot of money to be lost (or made) during a bull market with any instrument, let alone 3x-leveraged ETFs. While the benchmarks (SOXX, QQQ) have gained low triple-digit %, the ultra long ETFs (SOXL, TQQQ) have delivered stunning returns. At the same time, the ultra short ETFs (SOXS, SQQQ) have practically vanished, leaving investors with (nearly) nothing out of their initial investments.</p><ul><li>The Longer the Tenure - the Higher the Risk of Losing Big</li></ul><p>Secondly, and regardless of the (bull or bear) type of market we&#39;re in and/or the total return over a certain period, leveraged ETFs are guaranteed to lose value over time. Putting it differently, the longer you stick to these instruments - the higher the odds of a significant drawdown.</p><p>Below you can see how deep is the decline that leveraged ETFs have (thus may) suffered from (% off-high) over different tenures.</p><ul><li>3 years: While the long versions (SOXL, TQQQ) have lost 75%-80%, the short versions (SOXS, SQQQ) have lost nearly their entire value.</li></ul><p><img src=\"https://static.tigerbbs.com/8a6e0590652f7807dac6b79902906e56\" tg-width=\"635\" tg-height=\"501\" referrerpolicy=\"no-referrer\"/>10 years: While the long versions (SOXL, TQQQ) have lost 75%-80%, the short versions (SOXS, SQQQ) have lost nearly their entire value.</p><p><img src=\"https://static.tigerbbs.com/06cfda7540359bd9cc38adb53f3c0ce5\" tg-width=\"635\" tg-height=\"501\" referrerpolicy=\"no-referrer\"/>Although the past decade can definitely be described as a bull market (overall), leveraged ETFs have been hammered, no matter whether they were long or short the underlying benchmarks.</p><p>This, once again, proves that these instruments can&#39;t be held (long position) over the long run. You can be long, but not for too long.</p><ul><li>&#34;The Road is Long With Many a Winding Turn&#34; [Source]</li></ul><p>Finally, it&#39;s important to understand that both time and slope play a major role in determining the return, therefore worthiness, of trading a leveraged ETF.</p><p>It&#39;s very unlikely, almost impossible, for your long (short) leveraged ETF position to deliver a return equal to the (inverse) return of the underlying, non-leveraged, benchmark.</p><p>To explain this, let&#39;s use the S&amp;P 500 and its +/-1/2/3 leveraged versions.</p><p>Naturally, the 2x- (SSO, SDS) and 3x- (SPXL, SPXU) leveraged versions are 2x and 3x as volatile as the non-leveraged versions (SPY, SH).</p><p><img src=\"https://static.tigerbbs.com/bad8a8d33cac5ca5325d1e87252fcc57\" tg-width=\"635\" tg-height=\"501\" referrerpolicy=\"no-referrer\"/>But does the extra volatility usually/automatically translate into higher returns? Not necessarily.</p><p>YTD: While the returns of the long versions (SPY, SSO, SPXL) make sense (from a leverage/volatility perspective), those of the short versions (SH, SDS, SPXS) don&#39;t.</p><p>As a matter of fact, the 2x-leveraged SDS and the 3x-leveraged SPXS have delivered nearly the same total returns. If so, why would one pick the more risky SPXS over the less risky SDS!?</p><p><img src=\"https://static.tigerbbs.com/70c1d7bf3df268038e733ac481808cfd\" tg-width=\"635\" tg-height=\"501\" referrerpolicy=\"no-referrer\"/>3-Year: The 2x-leveraged SSO has returned twice as much as the 3x-leveraged SPXL. Moreover, the non-leveraged SPY is only ~4.4% short of SSO&#39;s total return.</p><p>In both cases, the extra risk (volatility) hasn&#39;t resulted in a better performance; quite the contrary.</p><p><img src=\"https://static.tigerbbs.com/8fb13320549920cff3809ee8726cb761\" tg-width=\"635\" tg-height=\"501\" referrerpolicy=\"no-referrer\"/>5-Year: Once again, the 2x-leveraged SSO has returned more than the 3x-leveraged SPXL. Moreover, the 2x-leveraged SDS hasn&#39;t performed a lot better than the 3x-leveraged SPXS.</p><p><img src=\"https://static.tigerbbs.com/cdad0968ee275882b1bde91148e5adc6\" tg-width=\"635\" tg-height=\"501\" referrerpolicy=\"no-referrer\"/>10-Year: The short ETFs, whether leveraged or not, got battered. The long ETFs, however, are looking as good as how you wish a leveraged ETF (that you buy) to be.</p><p>SPXL and SSO have returned more than 4x and ~2.5x, respectively, what SPY has.</p><h3><img src=\"https://static.tigerbbs.com/f1fa1010c919a4c479c723f41feca151\" tg-width=\"635\" tg-height=\"501\" referrerpolicy=\"no-referrer\"/>Macro Trading Factory - Trading Alerts</h3><p>Here is some of the information that we posted when we issued the most recent trading alerts (&#34;TAs&#34;) to our subscribers.</p><p>We are happy to share this information here, as we believe it&#39;s relevant and allows for a better understanding of the topic.</p><p><b>TA dated Nov. 14, 2022:</b></p><p>These TAs were discussed and explained in the piece that we&#39;ve published Nov. 14.</p><p>The main message: With the SPX reaching the 4000 mark, we wish to employ some anti-tech/growth hedging again, and by doing so we&#39;re (once again) reducing our net long exposure (back to the low 60s% area).</p><p>Recall that there are two pairs we&#39;re referring to:</p><ul><li>Direxion Daily Semiconductor 3X Bull Shares ETF (SOXL) vs. Direxion Daily Semiconductor 3X Bear Shares ETF (SOXS) &gt;&gt;&gt; We&#39;re shorting SOXL, but one may buy SOXS for a similar (though not equivalent) effect.</li><li>ProShares UltraPro QQQ (TQQQ) vs ProShares UltraPro Short QQQ (SQQQ) &gt;&gt;&gt; We&#39;re shorting TQQQ, but one may buy SQQQ for a similar (though not equivalent) effect.</li></ul><p>Key points to keep in mind:</p><p><b>Total Assets Under Management:</b></p><p>The 3x-bullish ETFs (SOXL, TQQQ) are attracting a lot more money than their 3x-bearish counterparts (SOXS, SQQQ).</p><p>Having said that, last week no less than $658M was funneled into SQQQ. Per Bloomberg, that’s the largest-ever inflow for a product that aims to deliver 3x the opposite performance of the US benchmark for major technology companies.</p><p><img src=\"https://static.tigerbbs.com/9724d5357aacd21faca67fa41303f501\" tg-width=\"635\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/>When looking at the Daily Price Change the movements are fairly close in absolute terms, i.e. SOXL is moving like SOXS and TQQQ is moving like SQQQ.</p><p><img src=\"https://static.tigerbbs.com/4c47be4c766220c701899bf0d6a101de\" tg-width=\"635\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/>Nevertheless, things are changing over time.</p><p>The longer the period - the greater the (potential) divergence.</p><p>It&#39;s not guaranteed, but shorting the 3x-bullish ETFs is likely to deliver a better return than buying the 3x-bearish ETFs.</p><p><img src=\"https://static.tigerbbs.com/3bd04a6dd22233fa049980c445da8fe1\" tg-width=\"635\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/><b>TA dated Nov. 15, 2022:</b></p><p>Nothing to add to what we wrote Nov. 14, but still - we would like to show you how even the technical analysis supports the fundamentals and risk aversion mode we see ahead.</p><p>Recall that it&#39;s not advisable to do technical analysis using leveraged instruments. Leverage is just a &#34;wrapper&#34; not the base &#34;package&#34; which is the non-leveraged instrument.</p><p>Having that in mind, here are the two, relevant, non-leveraged instruments on which we conduct some technical analysis. [Note that they&#39;re very similar in terms of nature and the message they deliver.]</p><p>SOXX is currently hitting (or just about to hit) three resistance levels:</p><ul><li>200-DMA</li><li>Long-term down-trending red line</li><li>Short-term (horizontal) green line</li></ul><p><img src=\"https://static.tigerbbs.com/b6eee7104e4db90857447d7d121ae952\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/>QQQ is coming close to hit three resistance levels:</p><ul><li>200-DMA</li><li>Long-term down-trending red line</li><li>Short-term (horizontal) green line</li></ul><h3><img src=\"https://static.tigerbbs.com/e598be9ef4639bb84d081b6c7683223a\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/>Epilogue</h3><p>A leveraged ETF can be your best friend when you get the direction and timing right, but it can be your worst nightmare when you get the direction and timing wrong.</p><p>We hope that through this article, we&#39;ve managed to assist you with better understanding the Dr. Jekyll (&#39;Home Run&#39;) and Mr. Hyde (&#39;Loaded Gun&#39;) natures (characteristics) of these instruments.</p><p>As we mentioned above, when buying a leveraged ETF, it&#39;s very important to keep the pros and cons, risk and reward, in mind but it&#39;s not enough. In addition to all these attributes, one musts also have the following:</p><p><b>1) High Conviction</b>: Buying a leveraged ETF requires a higher-than-usual conviction, in line with the significantly higher volatility. &#34;Feeling good&#34; about the upside potential of an investing idea isn&#39;t enough and an in-depth analysis regarding the downside risk is key.</p><p>If we believe the downside risk of the underlying (non-leveraged) to be significant (usually 20%), we&#39;re less likely to move in, even if the upside is way more significant.</p><p>Unlike a non-leveraged security that we may buy (if the risk/reward is very attractive) even if the downside risk is significant, when it comes to a leveraged ETF downside risk rules (overcoming the risk/reward profile, no matter how attractive the latter is).</p><p><b>2) Near-perfect timing</b>: It&#39;s very hard to find the &#34;right moment&#34;, surely the &#34;perfect timing&#34;. The latter is based on pure luck and only retrospectively we are in position to know whether our timing was good or not.</p><p>Therefore, when we say &#34;near perfect timing&#34; we actually refer to maximum hesitation and patience. Take your time, don&#39;t rush, and let the stabilization, consolidation, and/or capitulation periods show their pretty, and more important: less risky, face.</p><p>In line with that, it&#39;s strongly advisable to build a position involving a leveraged ETF over time. Indeed, it&#39;s likely going to be a relatively short time, in order to match the &#34;hit the iron while it&#39;s hot&#34; concept. Still, it&#39;s better to &#39;hit&#39; a leveraged &#39;iron&#39; several times rather than only once or twice.</p><p><b>3) Short-term trading view/mentality</b>: We believe that investors mustn&#39;t &#34;get married&#34; with any position, surely not with a leveraged ETF.</p><p>Any position has a (stretched) valuation where it warrants a sale, and when it comes to leveraged ETFs - quick &#34;love affairs&#34; is the name of the game.</p><p>Leveraged ETFs aren&#39;t the type of instrument you wish to get older with. They are only suitable for certain times and there&#39;s no reason to extend their hospitality for too long.</p><p>Best is to pre-set levels and targets, and once those get fulfilled - kiss the leveraged ETF goodbye. No hard feelings, and no need to shed tears.</p><p><b>4) An exit (including stop loss) strategy</b>:</p><p>Not every encounter we have in life results in a pleasant experience. Some encounters are very enjoyable/profitable, some less, and a few may suck big time.</p><p>The idea is to minimize the latter type and to avoid stretching the former type.</p><p>If it works out quickly - say goodbye quickly.</p><p>If you still wish to examine the relationship - let it be, as long as the examining period doesn&#39;t come at the expense of other, possibly better, encounters.</p><p>But if it looks as if there&#39;s no future here - there&#39;s really no reason to stick around. Cut your losses and move on.</p><p>Obviously, easier said (or written) than done, but here&#39;s an example of all the trades we suggested involving SOXL, one of the leveraged ETF we were active with this year on both LONG and SHORT fronts.</p><p><img src=\"https://static.tigerbbs.com/c0fceeac15e08c937192dbffd184eb9a\" tg-width=\"635\" tg-height=\"515\" referrerpolicy=\"no-referrer\"/>I don&#39;t think we had perfect timing, but we did have pretty good timing.</p><p>More importantly, we had a high conviction [Note: different times = different directions!], we surely had/have a short-term trading view/mentality, and we certainly didn&#39;t/don&#39;t fall in love with the position - be it a LONG or a SHORT one.</p><p>Last but not least, keep in mind that we use leveraged ETFs as part of our HEDGING strategy, which means that there are LONG positions (we wish to protect) against the SHORT positions (if and when we open such positions).</p><p>This isn&#39;t something we suggest the average investor do without having the necessary ingredients (knowledge, experience, guts/risk aversion) and tools (risk analysis, portfolio management, modeling) to support such an activity.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SQQQ, TQQQ: Leveraged ETFs Can Be A (Short-Term) Home Run Or A (Long-Term) Loaded Gun</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\">\nSQQQ, TQQQ: Leveraged ETFs Can Be A (Short-Term) Home Run Or A (Long-Term) Loaded Gun\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-30 23:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4561075-sqqq-tqqq-leveraged-etfs-home-run-or-loaded-gun><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryLeveraged ETFs are explosive securities with the ability/potential to give your portfolio a big boost ('home run') or to cause severe damage ('loaded gun').'Home run' allows the batter (...</p>\n\n<a href=\"https://seekingalpha.com/article/4561075-sqqq-tqqq-leveraged-etfs-home-run-or-loaded-gun\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TQQQ":"纳指三倍做多ETF","SQQQ":"纳指三倍做空ETF"},"source_url":"https://seekingalpha.com/article/4561075-sqqq-tqqq-leveraged-etfs-home-run-or-loaded-gun","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1106229901","content_text":"SummaryLeveraged ETFs are explosive securities with the ability/potential to give your portfolio a big boost ('home run') or to cause severe damage ('loaded gun').'Home run' allows the batter (investor) to make a complete circuit (whole), and score a big r(et)u(r)n (as well as hedging) for the team (portfolio).'Loaded gun' refers to something dangerous, an accident waiting to happen. Playing (investing) with something (leverage) that shouldn't be messed with.In this article, we try to cover all the bases you may find within the leveraged ETFs pitch, particularly 3x-leveraged NASDAQ-100 and Semiconductor ETFs.PrologueNearly two weeks ago we wrote about 'hedging through shorting', while presenting our short positions in two 3x-leveraged ETFs: ProShares UltraPro QQQ ETF (NASDAQ:TQQQ) and Direxion Daily Semiconductor 3x Bull Shares ETF (SOXL).In this article, we wish to remain within the same theme (hedging through shorting) and elaborate on this topic, particularly touching upon two very important aspects that are (not only related but) crucial to the theme:1) Leveraged ETFs (in general): Buy vs. Sell, Pros and Cons, Risk and Reward.2) Live demonstration of how leveraged ETFs' mechanics work (or don't work...): Specific examples using two pairs of growth/tech leveraged ETFs:Big Tech: ProShares UltraPro QQQ (TQQQ) vs ProShares UltraPro Short QQQ (NASDAQ:SQQQ)Semiconductors: Direxion Daily Semiconductor 3X Bull Shares ETF (SOXL) vs Direxion Daily Semiconductor 3X Bear Shares ETF (SOXS)Leveraged ETFs - Key FeaturesBuy vs SellThis is likely the most important aspect to keep in mind.Since leveraged ETFs use options/derivatives to achieve the magnifying element (leveraging) - any leveraged ETF, by definition, suffers from time decay, aka \"Theta\".Time decay is a measure of the rate of decline in the value of an options contract due to the passage of time. Time decay accelerates as an option's time to expiration draws closer since there's less time to realize a profit from the trade. - [Source]What you need to know:1. The closer an option is to its expiry date - the more rapidly it's losing money (to time decay).2. An \"At The Money\" (\"ATM\") option will receive the biggest premium at the start, but will lose the most, at an accelerating pace, towards the end.3. An \"In The Money\" (\"ITM\") option will receive the smallest premium at the start, and it will lose that premium, at a fairly steady pace, along its life.From a pure Theta perspective, it's categorically better to sell a leveraged ETF than to buy one, because the (loss of) time decay is working in the investor's favor.Pros and ConsLeveraged ETFs are risky instruments.Therefore, there are certain features one must be aware of, and there are certain rules one would be better off adhering to.Leverage (of a benchmark)Principally, all leveraged ETFs are aiming to amplify the return of a non-leveraged instrument, usually an index. For example:It's important to remain within one's comfort zone, and to ensure that the use of a leveraged ETF fits the investor's profile, needs, and risk aversion.VolatilityLooking at the 30-Day Rolling Volatility, you can see that the leverage is amplifying not only the return, but also the volatility. A 3x-leveraged ETF is 3x as volatile as the benchmark it's looking to copy.Semis:Tech:Daily performanceThis is one of the features many investors miss or fail to understand.Leveraged ETFs are trying to mimic the daily performance of a certain benchmark. As such, when you look at the daily (or short-term for that matter) performance - the leveraged ETF is likely to show a very/fairly close return to the leverage it offers (be it a long or a short mechanism). For example:Semis' 1-day price change: Daily returns of SOXL and SOXS are about +3x and -3x, respectively, the daily return of SOXX.Tech's 1-day price change: Daily returns of TQQQ and SQQQ are about +3x and -3x, respectively, the daily return of QQQ.Nonetheless, if we move to a longer period, say 2022, the math isn't as straight as it's when we look at the short-term.Semis' YTD price change: YTD returns of SOXL and SOXS are about +2.65x and -0.07x, respectively, the YTD return of SOXX.Tech's YTD price change: YTD returns of TQQQ and SQQQ are about +2.61x and -2.87x [=(52.59+28.13)/-28.13], respectively, the daily return of QQQ.Over time, and assuming the benchmark/index doesn't move in a (fairly) straight line - the performance of a leveraged ETF may differ significantly from the performance of the underlying benchmark.Risk and RewardPhenomenal/Horrendous Total ReturnsFirst and foremost, as you may well understand, the main risk is the (quite reasonable) scenario of losing a lot of money, quickly.Of course, there's always the flip-side of that coin, and leveraged ETFs may also deliver significant returns (during short periods).If \"Timing is Everything\", generally speaking, it's even more crucial when it comes to buying leveraged ETFs. One must have a high conviction, a near-perfect timing, a short-term trading view/mentality, and an exit (including stop loss) strategy. [We elaborate on these elements at the end of this article.]Below you can see the total returns of the leveraged ETFs we focus on during two very different periods.1) Bear Market: Total Return since Dec. 27, 2021Semis:Tech:Clearly, there's a lot of money to be lost (or made) during a bear market with any instrument, let alone 3x-leveraged ETFs. While the benchmarks (SOXX, QQQ) have lost ~30%, the ultra long ETFs (SOXL, TQQQ) have lost over 3/4 of their value, and the ultra short ETFs (SOXS, SQQQ) have actually gained.Pay attention to the divergence between SOXS (a gain of only 4.5%) and SQQQ (a gain of 59.3%), a result of the recent speedy recovery of Semis (relative to Tech) in recent weeks.2) Bull Market: Total Return from Mar. 23, 2020 to Dec. 27, 2021Semis:Tech:Clearly, there's a lot of money to be lost (or made) during a bull market with any instrument, let alone 3x-leveraged ETFs. While the benchmarks (SOXX, QQQ) have gained low triple-digit %, the ultra long ETFs (SOXL, TQQQ) have delivered stunning returns. At the same time, the ultra short ETFs (SOXS, SQQQ) have practically vanished, leaving investors with (nearly) nothing out of their initial investments.The Longer the Tenure - the Higher the Risk of Losing BigSecondly, and regardless of the (bull or bear) type of market we're in and/or the total return over a certain period, leveraged ETFs are guaranteed to lose value over time. Putting it differently, the longer you stick to these instruments - the higher the odds of a significant drawdown.Below you can see how deep is the decline that leveraged ETFs have (thus may) suffered from (% off-high) over different tenures.3 years: While the long versions (SOXL, TQQQ) have lost 75%-80%, the short versions (SOXS, SQQQ) have lost nearly their entire value.10 years: While the long versions (SOXL, TQQQ) have lost 75%-80%, the short versions (SOXS, SQQQ) have lost nearly their entire value.Although the past decade can definitely be described as a bull market (overall), leveraged ETFs have been hammered, no matter whether they were long or short the underlying benchmarks.This, once again, proves that these instruments can't be held (long position) over the long run. You can be long, but not for too long.\"The Road is Long With Many a Winding Turn\" [Source]Finally, it's important to understand that both time and slope play a major role in determining the return, therefore worthiness, of trading a leveraged ETF.It's very unlikely, almost impossible, for your long (short) leveraged ETF position to deliver a return equal to the (inverse) return of the underlying, non-leveraged, benchmark.To explain this, let's use the S&P 500 and its +/-1/2/3 leveraged versions.Naturally, the 2x- (SSO, SDS) and 3x- (SPXL, SPXU) leveraged versions are 2x and 3x as volatile as the non-leveraged versions (SPY, SH).But does the extra volatility usually/automatically translate into higher returns? Not necessarily.YTD: While the returns of the long versions (SPY, SSO, SPXL) make sense (from a leverage/volatility perspective), those of the short versions (SH, SDS, SPXS) don't.As a matter of fact, the 2x-leveraged SDS and the 3x-leveraged SPXS have delivered nearly the same total returns. If so, why would one pick the more risky SPXS over the less risky SDS!?3-Year: The 2x-leveraged SSO has returned twice as much as the 3x-leveraged SPXL. Moreover, the non-leveraged SPY is only ~4.4% short of SSO's total return.In both cases, the extra risk (volatility) hasn't resulted in a better performance; quite the contrary.5-Year: Once again, the 2x-leveraged SSO has returned more than the 3x-leveraged SPXL. Moreover, the 2x-leveraged SDS hasn't performed a lot better than the 3x-leveraged SPXS.10-Year: The short ETFs, whether leveraged or not, got battered. The long ETFs, however, are looking as good as how you wish a leveraged ETF (that you buy) to be.SPXL and SSO have returned more than 4x and ~2.5x, respectively, what SPY has.Macro Trading Factory - Trading AlertsHere is some of the information that we posted when we issued the most recent trading alerts (\"TAs\") to our subscribers.We are happy to share this information here, as we believe it's relevant and allows for a better understanding of the topic.TA dated Nov. 14, 2022:These TAs were discussed and explained in the piece that we've published Nov. 14.The main message: With the SPX reaching the 4000 mark, we wish to employ some anti-tech/growth hedging again, and by doing so we're (once again) reducing our net long exposure (back to the low 60s% area).Recall that there are two pairs we're referring to:Direxion Daily Semiconductor 3X Bull Shares ETF (SOXL) vs. Direxion Daily Semiconductor 3X Bear Shares ETF (SOXS) >>> We're shorting SOXL, but one may buy SOXS for a similar (though not equivalent) effect.ProShares UltraPro QQQ (TQQQ) vs ProShares UltraPro Short QQQ (SQQQ) >>> We're shorting TQQQ, but one may buy SQQQ for a similar (though not equivalent) effect.Key points to keep in mind:Total Assets Under Management:The 3x-bullish ETFs (SOXL, TQQQ) are attracting a lot more money than their 3x-bearish counterparts (SOXS, SQQQ).Having said that, last week no less than $658M was funneled into SQQQ. Per Bloomberg, that’s the largest-ever inflow for a product that aims to deliver 3x the opposite performance of the US benchmark for major technology companies.When looking at the Daily Price Change the movements are fairly close in absolute terms, i.e. SOXL is moving like SOXS and TQQQ is moving like SQQQ.Nevertheless, things are changing over time.The longer the period - the greater the (potential) divergence.It's not guaranteed, but shorting the 3x-bullish ETFs is likely to deliver a better return than buying the 3x-bearish ETFs.TA dated Nov. 15, 2022:Nothing to add to what we wrote Nov. 14, but still - we would like to show you how even the technical analysis supports the fundamentals and risk aversion mode we see ahead.Recall that it's not advisable to do technical analysis using leveraged instruments. Leverage is just a \"wrapper\" not the base \"package\" which is the non-leveraged instrument.Having that in mind, here are the two, relevant, non-leveraged instruments on which we conduct some technical analysis. [Note that they're very similar in terms of nature and the message they deliver.]SOXX is currently hitting (or just about to hit) three resistance levels:200-DMALong-term down-trending red lineShort-term (horizontal) green lineQQQ is coming close to hit three resistance levels:200-DMALong-term down-trending red lineShort-term (horizontal) green lineEpilogueA leveraged ETF can be your best friend when you get the direction and timing right, but it can be your worst nightmare when you get the direction and timing wrong.We hope that through this article, we've managed to assist you with better understanding the Dr. Jekyll ('Home Run') and Mr. Hyde ('Loaded Gun') natures (characteristics) of these instruments.As we mentioned above, when buying a leveraged ETF, it's very important to keep the pros and cons, risk and reward, in mind but it's not enough. In addition to all these attributes, one musts also have the following:1) High Conviction: Buying a leveraged ETF requires a higher-than-usual conviction, in line with the significantly higher volatility. \"Feeling good\" about the upside potential of an investing idea isn't enough and an in-depth analysis regarding the downside risk is key.If we believe the downside risk of the underlying (non-leveraged) to be significant (usually 20%), we're less likely to move in, even if the upside is way more significant.Unlike a non-leveraged security that we may buy (if the risk/reward is very attractive) even if the downside risk is significant, when it comes to a leveraged ETF downside risk rules (overcoming the risk/reward profile, no matter how attractive the latter is).2) Near-perfect timing: It's very hard to find the \"right moment\", surely the \"perfect timing\". The latter is based on pure luck and only retrospectively we are in position to know whether our timing was good or not.Therefore, when we say \"near perfect timing\" we actually refer to maximum hesitation and patience. Take your time, don't rush, and let the stabilization, consolidation, and/or capitulation periods show their pretty, and more important: less risky, face.In line with that, it's strongly advisable to build a position involving a leveraged ETF over time. Indeed, it's likely going to be a relatively short time, in order to match the \"hit the iron while it's hot\" concept. Still, it's better to 'hit' a leveraged 'iron' several times rather than only once or twice.3) Short-term trading view/mentality: We believe that investors mustn't \"get married\" with any position, surely not with a leveraged ETF.Any position has a (stretched) valuation where it warrants a sale, and when it comes to leveraged ETFs - quick \"love affairs\" is the name of the game.Leveraged ETFs aren't the type of instrument you wish to get older with. They are only suitable for certain times and there's no reason to extend their hospitality for too long.Best is to pre-set levels and targets, and once those get fulfilled - kiss the leveraged ETF goodbye. No hard feelings, and no need to shed tears.4) An exit (including stop loss) strategy:Not every encounter we have in life results in a pleasant experience. Some encounters are very enjoyable/profitable, some less, and a few may suck big time.The idea is to minimize the latter type and to avoid stretching the former type.If it works out quickly - say goodbye quickly.If you still wish to examine the relationship - let it be, as long as the examining period doesn't come at the expense of other, possibly better, encounters.But if it looks as if there's no future here - there's really no reason to stick around. Cut your losses and move on.Obviously, easier said (or written) than done, but here's an example of all the trades we suggested involving SOXL, one of the leveraged ETF we were active with this year on both LONG and SHORT fronts.I don't think we had perfect timing, but we did have pretty good timing.More importantly, we had a high conviction [Note: different times = different directions!], we surely had/have a short-term trading view/mentality, and we certainly didn't/don't fall in love with the position - be it a LONG or a SHORT one.Last but not least, keep in mind that we use leveraged ETFs as part of our HEDGING strategy, which means that there are LONG positions (we wish to protect) against the SHORT positions (if and when we open such positions).This isn't something we suggest the average investor do without having the necessary ingredients (knowledge, experience, guts/risk aversion) and tools (risk analysis, portfolio management, modeling) to support such an activity.","news_type":1},"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9961469967,"gmtCreate":1669022270359,"gmtModify":1676538140904,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582267850069988","idStr":"3582267850069988"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9961469967","repostId":"2284891180","repostType":4,"repost":{"id":"2284891180","kind":"highlight","pubTimestamp":1669017887,"share":"https://ttm.financial/m/news/2284891180?lang=&edition=fundamental","pubTime":"2022-11-21 16:04","market":"us","language":"en","title":"SPX: A Rallying Stock Market Is Bearish","url":"https://stock-news.laohu8.com/highlight/detail?id=2284891180","media":"Seeking Alpha","summary":"SummaryStocks rallied viciously due to lower inflation data.I believe this bear market rally has som","content":"<html><head></head><body><h2>Summary</h2><ul><li>Stocks rallied viciously due to lower inflation data.</li><li>I believe this bear market rally has some more room to go, but I wouldn’t bet on it.</li><li>The root cause of falling inflation isn’t bullish for stocks.</li><li>In 2023, bad news will be bad news again, and a rallying stock market is bearish.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/41fe2c4feaba1c36352e0d9664de24f3\" tg-width=\"750\" tg-height=\"500\" referrerpolicy=\"no-referrer\"/><span>blewisphotography/iStock via Getty Images</span></p><h2>“Hopium” is back again</h2><p>It doesn’t take much for investors to be optimistic about the markets again. Last week the S&amp;P 500 (SPX) rallied ~6%, and the Nasdaq ~8% after the inflation print came in lower than expected at 7.7% YoY or 0.4% MoM. The PPI data should come in lower too, reflecting the symptoms of a slowing economy and weakening consumer spending.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e8830de04b6cb31c02f372c43e213054\" tg-width=\"1275\" tg-height=\"700\" referrerpolicy=\"no-referrer\"/><span>CPI &amp; PPI YoY Percentage Change (Author Excel with Data from fred.stlouisfed.org)</span></p><p>So far, so unsurprising – not for the market, though. The S&amp;P 500 and the Nasdaq made the bulk of their gains last week right after the CPI report was published. Markets played the pivot book: The Dollar (DXY) withdrew sharply as Yields collapsed, and assets appreciated. The market priced in a higher probability of relative monetary easing of the Federal Reserve due to lower-than-expected inflation. Naturally, the most interest-rate sensitive assets appreciated the most, hence the outperformance of the Nasdaq. Bitcoin (BTC-USD) rose over 10% on that day. Although that gain has to be taken with a caveat because the CPI print followed the day that FTX went bankrupt and Crypto assets collapsed. Therefore, a rebound seemed natural.</p><p>On Thursday, the Nasdaq (NDX) had its best trading day since April 2020. I don’t believe a new bull market has started, however. Huge upswings and short squeezes are characteristic of bear market rallies. The underlying macroeconomic circumstances have not changed enough to put an end to this bear market. I believe this rally is one of the bigger ones, like the bear market rally starting in June 2022. I believe the market can feed off of big short exposure and the narrative that inflation has finally peaked.</p><p>I also believe inflation has peaked, as I cannot imagine that the economy will be able to healthily operate with the immense burden of the sharply risen cost of capital. The previously raised interest rates start to feed into the economy gradually. As Jerome Powell always reminds us: “Monetary Policy works with long and variable lags.” That counts for monetary easing and monetary tightening. Additionally, the basis effect should help keep the YoY inflation rate comparatively low.</p><p>The financial stress that the economy will have to endure during the first half of 2023 seems too high to be bullish at the current valuation level. While analysts have lowered their expectations for 2023 earnings, they are still around ~$220 for the S&amp;P 500 (0% growth), which currently reflects a P/E FWD of 18x. Given the macroeconomic and geopolitical circumstances I believe that is still way too high.</p><p>In the event of a recession, which is my base case, earnings should fall and not only stay flat for 2023. Assuming the earnings multiple for the S&amp;P 500 goes back to its mean of 16x and earnings depreciate by 10% in 2023 (basically guaranteed if a real recession hits), the fair value of the S&amp;P should be around 3,200 points. Of course, the P/E FWD ratio estimate is only for constructing a framework about where the fair value<i>should</i> be. There are many more factors at play.</p><p>After all, the alternative to equities is an investment in basically risk-free US government bonds, which now have moved into the positive real-rate territory across the yield curve. During the last 20 years, expansive monetary policy has moved even the most risk-averse investors into the equity space. Now that risk-free rates have risen, these risk-averse players are attracted by the risk-free yield, especially when compared to equity premiums. This is why I believe that the current drawdown in equities only accounts for the yield rise and not for earnings depreciation. I make the speculation of largely not being invested while waiting until the other shoe drops, most likely in H1/2023.</p><h2>Searching for historical bottoms</h2><p>Usually, the market is forward-looking and doesn’t reflect the economy. However, historically trying to front-run the pivot didn’t work:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8447327903f174e95c5886662c788efe\" tg-width=\"1278\" tg-height=\"700\" referrerpolicy=\"no-referrer\"/><span>Fed Funds &amp; SP500 (Excel from Author using data from fred.stlouisfed.org)</span></p><p>That’s because of the circumstances of the previous pivot points.</p><p>When the Federal Reserve raised rates during the 2000’s it was because the economy was overheating, and the labor market was tight. While rates were rising, the stock market appreciated because of strong fundamentals (rising GDP). After some time, the monetary tightening worked itself into the economy, and the market fundamentals started to worsen. After a period of plateauing rates, the stock market tumbled, and the Federal Reserve was quick to cut rates. While the Federal Reserve was cutting rates the stock market fell even further. Historically, the bottom of the stock market was in only<i>after</i> the Federal Reserve had already cut rates significantly and the liquidity cycle started to move upwards again.</p><p>In 2022, however, we have a different situation. The Federal Reserve tightened monetary policy, and the stock market depreciated <i>because of it</i>. That fundamental difference exists because of inflation.</p><p>During the last 40 years, the overarching trend of inflation was down. Especially in the last 20 years, global Central Banks struggled to create inflation with loose monetary policy. If the economy and the financial markets start to struggle while there is no concern about material inflation or even fear of deflation, then the playbook of Central Banks becomes very easy: stimulate the economy to raise inflation and decrease unemployment.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/93089c2daa2b2a46fe64342b4a9c84db\" tg-width=\"1200\" tg-height=\"659\" referrerpolicy=\"no-referrer\"/><span>Taylor-Rule (Author)</span></p><p>According to the Taylor Rule, the Federal Reserve had to lower interest rates (1-h) so often in the past because inflation was below the long-term inflation rate goal,<i>and</i> (1-g) GDP was also below the long-term production potential. Both parts of the formula demanded monetary easing.</p><p>During 2020-2022 the macroeconomic circumstances changed 180 degrees. Because of several shortages, and most importantly massive fiscal stimulus, which was fully financed by expansive monetary policy, demand exploded while goods were scarce. After inflation came in hot quarter after quarter, the Federal Reserve had to raise rates into a falling stock market for the first time in 20+ years.</p><p>Because of the traditionally backward-looking indicators of Central Banks (i.e. unemployment), the economy appeared red hot while inflation was clearly above the 2% target. These two macroeconomic circumstances basically guaranteed monetary tightening. A falling stock market is appreciated by the Federal Reserve because it resembles tightening financial conditions. Tightening financial conditions should decrease inflation and raise unemployment – the goals of the central bank policy during times like these.</p><h2>Trying to time the pivot?</h2><p>We are in a different situation now, though. Inflation is still way above the 2% target. But the slowdown of the global economy is getting more and more clear by the day. And many of the bubbles fueled by monetary excesses [i.e. Meme-Tech-stocks like Peleton (PTON), Palantir (PLTR), Nikola (NKLA), or Crypto (BTC) / (ETH)] have deflated 80-90% from their highs.</p><p>Many investors ask themselves now: If inflation has peaked and the economy is materially slowing down, why not buy the dip in risk assets? Won’t the Fed Put be back after inflation comes down MoM?</p><p>That sounds like an attractive argument. Hence, I believe the current rally could sustain for the remainder of 2022. There are finally positive news for the stock market to rally. Ultimately, however, I believe the current stock price action is nothing more than a rather violent bear market rally because of the following reasons:</p><h3>1. The Federal Reserve wants to make sure that inflation is dealt with</h3><p>During the speculation mania that followed the March 2020 Covid crash, any doubt about valuation levels was quickly dismissed with the “don’t fight the Fed” mantra. And speculators were right back then. If the liquidity cycle makes a big upswing, you don’t want to be caught off guard shorting stocks because of their stretched valuations. Tesla (TSLA) perma bears painfully had to learn that. But the same counts for when the liquidity cycle is in a downturn and investors are recklessly holding on to their overvalued tech stocks. Fighting the Fed in 2022 means staying invested in long-duration, high-growth, high-valuation equities. Just last week, Powell reiterated the Federal Reserve’s stance to tighten policy until something breaks. Powell seemed confident that it would be easier to put the economy into recession and then rescue it after they overtighten financial conditions. After all, nothing kills inflation like a recession.</p><h3>2. Unemployment is too low</h3><p>Without the labor market breaking and unemployment sharply rising, there is no reason for global Central Banks to meaningfully change the direction of their policy to an accommodative level. During the FOMC meeting, Powell made it clear that rates will likely stay higher for longer than the market currently expects. The Federal Reserve has given up on its attempt of engineering a “softish landing”. Inflation becoming entrenched in the economy is their worst fear, and with the low levels of unemployment, the Central Bank doesn’t have to balance its efforts to slow down inflation. Even after the rate hikes are over, quantitative tightening will worsen financial conditions and be a great hurdle for the stock market.</p><p>Some layoffs have already started. To my belief, tech companies will be able to raise productivity by removing some unnecessary workforce from recent years, where revenue growth was highly monetarily valued, but profitability wasn’t. Facebook (FB), Amazon (AMZN), and Twitter (TWTR) have already started. Alphabet (GOOG) and Apple (AAPL) are likely to follow. If high-paid workers lose their steady income stream, they are likely to sell off some of their accumulated assets in order to have a safety cushion to rely upon. It would be typical that this selling coincides with retail capitulation and a final rise in volatility, which usually marks the low of the bear market. I don’t believe we’re at the end yet, but I don’t want to dismiss the rather orderly decline of stock prices in 2022.</p><h3>3. Bad news will be bad news again</h3><p>I think 2023 will be about the labor market and the effects of higher rates for the housing market and less about the Federal Reserve monetary policy. After all, the bulk of the rate hikes are done, and now it is about how long they can stay this elevated. That’s not as interesting for the stock market as hiking 50-75 basis points per month, at least in terms of forward pricing. As seen last week, the current market is still heavily focused on inflation and the resulting change of the Federal Reserve policy. That’s why bad news about an economic slowdown were bullish. Inflation expectations would decrease, and as a function of that, the Federal Reserve was expected to be less tight.</p><p>I don’t expect the Federal Reserve to immediately cut rates if the labor market eases. Because of that consistency and resilience to lower rates, I think that bad news will be bad news again in 2023. The housing market should come under pressure too, as more and more mortgages have to be refinanced. As of now, the illiquidity of the housing market makes it seem somewhat resilient. But I don’t believe that resiliency will hold in 2023 if rates stay elevated.</p><p>Hiking interest rates for fewer percentage points is less bearish but still not bullish, given how elevated rates already are. The liquidity cycle is still in a downturn, albeit less quickly, and Quantitative Tightening still continues linearly. Until now, much of the Quantitative Tightening got neutralized by a rundown of the US Treasury General account:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5ecc783a2e50ff641e9c70d6bfcb9101\" tg-width=\"1169\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/><span>M2 &amp; US Treasury General Account (fred.stlouisfed.org)</span></p><p>In 2023, the softening impact of decreasing the treasury account in line with Quantitative Easing will still be possible for some time, but not forever. The likelihood of excessive fiscal policy stimulating the economy has decreased too, given the results of the US midterm elections.</p><h3>4. A stock-market rally is bearish</h3><p>Something has to break for the Fed to pivot. If the market reaches previous highs, it only increases the probability that Central banks tighten monetary policy even further. That’s because financial conditions usually ease during stock market rallies. Bond yields usually fall because the market expects accommodative monetary policy, which makes it possible for the Federal Reserve to conduct more Quantitative Tightening because investors buy them, trying to front-run a pivot. To me that seems self-defeating.</p><h2>Summary</h2><p>I believe that in 2023, bad news will be bad news again. Plunging earnings and layoffs will ultimately be bearish for the stock market. The Federal Reserve can only pivot if something breaks. The process of “breaking” usually isn’t bullish for the stock market. Bear markets often end with capitulation, but long-only ETF DCA retail still makes their monthly investments in the S&amp;P 500. Unemployment has to rise to turn these inflows into outflows. Bad news will be bad news, and a rallying stock market will be bearish.</p><p><i>This article is written by Nikolai Galozi for reference only. Please note the risks.</i></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPX: A Rallying Stock Market Is Bearish</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\">\nSPX: A Rallying Stock Market Is Bearish\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-21 16:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4559201-spx-a-rallying-stock-market-is-bearish><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryStocks rallied viciously due to lower inflation data.I believe this bear market rally has some more room to go, but I wouldn’t bet on it.The root cause of falling inflation isn’t bullish for ...</p>\n\n<a href=\"https://seekingalpha.com/article/4559201-spx-a-rallying-stock-market-is-bearish\">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",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://seekingalpha.com/article/4559201-spx-a-rallying-stock-market-is-bearish","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2284891180","content_text":"SummaryStocks rallied viciously due to lower inflation data.I believe this bear market rally has some more room to go, but I wouldn’t bet on it.The root cause of falling inflation isn’t bullish for stocks.In 2023, bad news will be bad news again, and a rallying stock market is bearish.blewisphotography/iStock via Getty Images“Hopium” is back againIt doesn’t take much for investors to be optimistic about the markets again. Last week the S&P 500 (SPX) rallied ~6%, and the Nasdaq ~8% after the inflation print came in lower than expected at 7.7% YoY or 0.4% MoM. The PPI data should come in lower too, reflecting the symptoms of a slowing economy and weakening consumer spending.CPI & PPI YoY Percentage Change (Author Excel with Data from fred.stlouisfed.org)So far, so unsurprising – not for the market, though. The S&P 500 and the Nasdaq made the bulk of their gains last week right after the CPI report was published. Markets played the pivot book: The Dollar (DXY) withdrew sharply as Yields collapsed, and assets appreciated. The market priced in a higher probability of relative monetary easing of the Federal Reserve due to lower-than-expected inflation. Naturally, the most interest-rate sensitive assets appreciated the most, hence the outperformance of the Nasdaq. Bitcoin (BTC-USD) rose over 10% on that day. Although that gain has to be taken with a caveat because the CPI print followed the day that FTX went bankrupt and Crypto assets collapsed. Therefore, a rebound seemed natural.On Thursday, the Nasdaq (NDX) had its best trading day since April 2020. I don’t believe a new bull market has started, however. Huge upswings and short squeezes are characteristic of bear market rallies. The underlying macroeconomic circumstances have not changed enough to put an end to this bear market. I believe this rally is one of the bigger ones, like the bear market rally starting in June 2022. I believe the market can feed off of big short exposure and the narrative that inflation has finally peaked.I also believe inflation has peaked, as I cannot imagine that the economy will be able to healthily operate with the immense burden of the sharply risen cost of capital. The previously raised interest rates start to feed into the economy gradually. As Jerome Powell always reminds us: “Monetary Policy works with long and variable lags.” That counts for monetary easing and monetary tightening. Additionally, the basis effect should help keep the YoY inflation rate comparatively low.The financial stress that the economy will have to endure during the first half of 2023 seems too high to be bullish at the current valuation level. While analysts have lowered their expectations for 2023 earnings, they are still around ~$220 for the S&P 500 (0% growth), which currently reflects a P/E FWD of 18x. Given the macroeconomic and geopolitical circumstances I believe that is still way too high.In the event of a recession, which is my base case, earnings should fall and not only stay flat for 2023. Assuming the earnings multiple for the S&P 500 goes back to its mean of 16x and earnings depreciate by 10% in 2023 (basically guaranteed if a real recession hits), the fair value of the S&P should be around 3,200 points. Of course, the P/E FWD ratio estimate is only for constructing a framework about where the fair valueshould be. There are many more factors at play.After all, the alternative to equities is an investment in basically risk-free US government bonds, which now have moved into the positive real-rate territory across the yield curve. During the last 20 years, expansive monetary policy has moved even the most risk-averse investors into the equity space. Now that risk-free rates have risen, these risk-averse players are attracted by the risk-free yield, especially when compared to equity premiums. This is why I believe that the current drawdown in equities only accounts for the yield rise and not for earnings depreciation. I make the speculation of largely not being invested while waiting until the other shoe drops, most likely in H1/2023.Searching for historical bottomsUsually, the market is forward-looking and doesn’t reflect the economy. However, historically trying to front-run the pivot didn’t work:Fed Funds & SP500 (Excel from Author using data from fred.stlouisfed.org)That’s because of the circumstances of the previous pivot points.When the Federal Reserve raised rates during the 2000’s it was because the economy was overheating, and the labor market was tight. While rates were rising, the stock market appreciated because of strong fundamentals (rising GDP). After some time, the monetary tightening worked itself into the economy, and the market fundamentals started to worsen. After a period of plateauing rates, the stock market tumbled, and the Federal Reserve was quick to cut rates. While the Federal Reserve was cutting rates the stock market fell even further. Historically, the bottom of the stock market was in onlyafter the Federal Reserve had already cut rates significantly and the liquidity cycle started to move upwards again.In 2022, however, we have a different situation. The Federal Reserve tightened monetary policy, and the stock market depreciated because of it. That fundamental difference exists because of inflation.During the last 40 years, the overarching trend of inflation was down. Especially in the last 20 years, global Central Banks struggled to create inflation with loose monetary policy. If the economy and the financial markets start to struggle while there is no concern about material inflation or even fear of deflation, then the playbook of Central Banks becomes very easy: stimulate the economy to raise inflation and decrease unemployment.Taylor-Rule (Author)According to the Taylor Rule, the Federal Reserve had to lower interest rates (1-h) so often in the past because inflation was below the long-term inflation rate goal,and (1-g) GDP was also below the long-term production potential. Both parts of the formula demanded monetary easing.During 2020-2022 the macroeconomic circumstances changed 180 degrees. Because of several shortages, and most importantly massive fiscal stimulus, which was fully financed by expansive monetary policy, demand exploded while goods were scarce. After inflation came in hot quarter after quarter, the Federal Reserve had to raise rates into a falling stock market for the first time in 20+ years.Because of the traditionally backward-looking indicators of Central Banks (i.e. unemployment), the economy appeared red hot while inflation was clearly above the 2% target. These two macroeconomic circumstances basically guaranteed monetary tightening. A falling stock market is appreciated by the Federal Reserve because it resembles tightening financial conditions. Tightening financial conditions should decrease inflation and raise unemployment – the goals of the central bank policy during times like these.Trying to time the pivot?We are in a different situation now, though. Inflation is still way above the 2% target. But the slowdown of the global economy is getting more and more clear by the day. And many of the bubbles fueled by monetary excesses [i.e. Meme-Tech-stocks like Peleton (PTON), Palantir (PLTR), Nikola (NKLA), or Crypto (BTC) / (ETH)] have deflated 80-90% from their highs.Many investors ask themselves now: If inflation has peaked and the economy is materially slowing down, why not buy the dip in risk assets? Won’t the Fed Put be back after inflation comes down MoM?That sounds like an attractive argument. Hence, I believe the current rally could sustain for the remainder of 2022. There are finally positive news for the stock market to rally. Ultimately, however, I believe the current stock price action is nothing more than a rather violent bear market rally because of the following reasons:1. The Federal Reserve wants to make sure that inflation is dealt withDuring the speculation mania that followed the March 2020 Covid crash, any doubt about valuation levels was quickly dismissed with the “don’t fight the Fed” mantra. And speculators were right back then. If the liquidity cycle makes a big upswing, you don’t want to be caught off guard shorting stocks because of their stretched valuations. Tesla (TSLA) perma bears painfully had to learn that. But the same counts for when the liquidity cycle is in a downturn and investors are recklessly holding on to their overvalued tech stocks. Fighting the Fed in 2022 means staying invested in long-duration, high-growth, high-valuation equities. Just last week, Powell reiterated the Federal Reserve’s stance to tighten policy until something breaks. Powell seemed confident that it would be easier to put the economy into recession and then rescue it after they overtighten financial conditions. After all, nothing kills inflation like a recession.2. Unemployment is too lowWithout the labor market breaking and unemployment sharply rising, there is no reason for global Central Banks to meaningfully change the direction of their policy to an accommodative level. During the FOMC meeting, Powell made it clear that rates will likely stay higher for longer than the market currently expects. The Federal Reserve has given up on its attempt of engineering a “softish landing”. Inflation becoming entrenched in the economy is their worst fear, and with the low levels of unemployment, the Central Bank doesn’t have to balance its efforts to slow down inflation. Even after the rate hikes are over, quantitative tightening will worsen financial conditions and be a great hurdle for the stock market.Some layoffs have already started. To my belief, tech companies will be able to raise productivity by removing some unnecessary workforce from recent years, where revenue growth was highly monetarily valued, but profitability wasn’t. Facebook (FB), Amazon (AMZN), and Twitter (TWTR) have already started. Alphabet (GOOG) and Apple (AAPL) are likely to follow. If high-paid workers lose their steady income stream, they are likely to sell off some of their accumulated assets in order to have a safety cushion to rely upon. It would be typical that this selling coincides with retail capitulation and a final rise in volatility, which usually marks the low of the bear market. I don’t believe we’re at the end yet, but I don’t want to dismiss the rather orderly decline of stock prices in 2022.3. Bad news will be bad news againI think 2023 will be about the labor market and the effects of higher rates for the housing market and less about the Federal Reserve monetary policy. After all, the bulk of the rate hikes are done, and now it is about how long they can stay this elevated. That’s not as interesting for the stock market as hiking 50-75 basis points per month, at least in terms of forward pricing. As seen last week, the current market is still heavily focused on inflation and the resulting change of the Federal Reserve policy. That’s why bad news about an economic slowdown were bullish. Inflation expectations would decrease, and as a function of that, the Federal Reserve was expected to be less tight.I don’t expect the Federal Reserve to immediately cut rates if the labor market eases. Because of that consistency and resilience to lower rates, I think that bad news will be bad news again in 2023. The housing market should come under pressure too, as more and more mortgages have to be refinanced. As of now, the illiquidity of the housing market makes it seem somewhat resilient. But I don’t believe that resiliency will hold in 2023 if rates stay elevated.Hiking interest rates for fewer percentage points is less bearish but still not bullish, given how elevated rates already are. The liquidity cycle is still in a downturn, albeit less quickly, and Quantitative Tightening still continues linearly. Until now, much of the Quantitative Tightening got neutralized by a rundown of the US Treasury General account:M2 & US Treasury General Account (fred.stlouisfed.org)In 2023, the softening impact of decreasing the treasury account in line with Quantitative Easing will still be possible for some time, but not forever. The likelihood of excessive fiscal policy stimulating the economy has decreased too, given the results of the US midterm elections.4. A stock-market rally is bearishSomething has to break for the Fed to pivot. If the market reaches previous highs, it only increases the probability that Central banks tighten monetary policy even further. That’s because financial conditions usually ease during stock market rallies. Bond yields usually fall because the market expects accommodative monetary policy, which makes it possible for the Federal Reserve to conduct more Quantitative Tightening because investors buy them, trying to front-run a pivot. To me that seems self-defeating.SummaryI believe that in 2023, bad news will be bad news again. Plunging earnings and layoffs will ultimately be bearish for the stock market. The Federal Reserve can only pivot if something breaks. The process of “breaking” usually isn’t bullish for the stock market. Bear markets often end with capitulation, but long-only ETF DCA retail still makes their monthly investments in the S&P 500. Unemployment has to rise to turn these inflows into outflows. Bad news will be bad news, and a rallying stock market will be bearish.This article is written by Nikolai Galozi for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9987464102,"gmtCreate":1667966577907,"gmtModify":1676537992032,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582267850069988","idStr":"3582267850069988"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9987464102","repostId":"1175498015","repostType":4,"repost":{"id":"1175498015","kind":"news","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":1667974605,"share":"https://ttm.financial/m/news/1175498015?lang=&edition=fundamental","pubTime":"2022-11-09 14:16","market":"us","language":"en","title":"Musk Sells Tesla Shares Worth $3.95 Bln Days After Twitter Takeover","url":"https://stock-news.laohu8.com/highlight/detail?id=1175498015","media":"Reuters","summary":"Nov 8 (Reuters) - Tesla IncChief Executive Officer Elon Musk has sold $3.95 billion worth of shares in the electric vehicle maker, according to U.S. regulatory filings, days after he completed his pur","content":"<html><head></head><body><p>Nov 8 (Reuters) - Tesla Inc Chief Executive Officer Elon Musk has sold $3.95 billion worth of shares in the electric vehicle maker, according to U.S. regulatory filings, days after he completed his purchase of Twitter Inc for $44 billion.</p><p>Musk, whose net worth dropped below $200 billion after investors dumped Tesla stock, unloaded 19.5 million shares between Friday and Tuesday, filings published by the U.S. Securities and Exchange Commission showed.</p><p>The latest share sale leaves Musk with a stake of roughly 14% in Tesla, according to a Reuters calculation.</p><p>The purpose of the sale was not disclosed.</p><p>The latest sale dump comes as analysts had widely expected Musk to sell additional Tesla shares to finance the Twitter deal.</p><p>Musk, the world&#39;s richest man, had asserted in April he was done selling Tesla stock. Still, he went on to sell another $6.9 billion worth Tesla shares in August and said the sale was conducted to pay for the social media platform.</p><p>Musk, the world&#39;s richest man, had about $20 billion in cash after selling a part of his stake in Tesla, including the sales made last year. This would have required him to raise an additional $2 billion to $3 billion to finance the takeover, according to a Reuters calculation.</p><p>Tesla has lost nearly half its market value and Musk&#39;s net worth slumped by $70 billion ever since he bid for Twitter in April.</p><p>Twitter and Tesla did not immediately respond to Reuters&#39; requests for comment.</p><p>Musk took over Twitter last month and has engaged in drastic measures including sacking half the staff and a plan to charge for blue check verification marks.</p><p>The billionaire pledged to provide $46.5 billion in equity and debt financing for the acquisition, which covered the $44 billion price tag and the closing costs. Banks, including Morgan Stanley and Bank of America Corp, committed to provide $13 billion in debt financing.</p><p>Musk&#39;s $33.5 billion equity commitment included his 9.6% Twitter stake, which is worth $4 billion, and the $7.1 billion he had secured from equity investors, including Oracle Corp co-founder Larry Ellison and Saudi Prince Alwaleed bin Talal.</p><p>Musk had tried to walk away from the deal in May, alleging that Twitter understated the number of bot and spam accounts on the platform. This led to a series of lawsuits between the two parties.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Musk Sells Tesla Shares Worth $3.95 Bln Days After Twitter Takeover</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\">\nMusk Sells Tesla Shares Worth $3.95 Bln Days After Twitter Takeover\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\">2022-11-09 14:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nov 8 (Reuters) - Tesla Inc Chief Executive Officer Elon Musk has sold $3.95 billion worth of shares in the electric vehicle maker, according to U.S. regulatory filings, days after he completed his purchase of Twitter Inc for $44 billion.</p><p>Musk, whose net worth dropped below $200 billion after investors dumped Tesla stock, unloaded 19.5 million shares between Friday and Tuesday, filings published by the U.S. Securities and Exchange Commission showed.</p><p>The latest share sale leaves Musk with a stake of roughly 14% in Tesla, according to a Reuters calculation.</p><p>The purpose of the sale was not disclosed.</p><p>The latest sale dump comes as analysts had widely expected Musk to sell additional Tesla shares to finance the Twitter deal.</p><p>Musk, the world&#39;s richest man, had asserted in April he was done selling Tesla stock. Still, he went on to sell another $6.9 billion worth Tesla shares in August and said the sale was conducted to pay for the social media platform.</p><p>Musk, the world&#39;s richest man, had about $20 billion in cash after selling a part of his stake in Tesla, including the sales made last year. This would have required him to raise an additional $2 billion to $3 billion to finance the takeover, according to a Reuters calculation.</p><p>Tesla has lost nearly half its market value and Musk&#39;s net worth slumped by $70 billion ever since he bid for Twitter in April.</p><p>Twitter and Tesla did not immediately respond to Reuters&#39; requests for comment.</p><p>Musk took over Twitter last month and has engaged in drastic measures including sacking half the staff and a plan to charge for blue check verification marks.</p><p>The billionaire pledged to provide $46.5 billion in equity and debt financing for the acquisition, which covered the $44 billion price tag and the closing costs. Banks, including Morgan Stanley and Bank of America Corp, committed to provide $13 billion in debt financing.</p><p>Musk&#39;s $33.5 billion equity commitment included his 9.6% Twitter stake, which is worth $4 billion, and the $7.1 billion he had secured from equity investors, including Oracle Corp co-founder Larry Ellison and Saudi Prince Alwaleed bin Talal.</p><p>Musk had tried to walk away from the deal in May, alleging that Twitter understated the number of bot and spam accounts on the platform. This led to a series of lawsuits between the two parties.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175498015","content_text":"Nov 8 (Reuters) - Tesla Inc Chief Executive Officer Elon Musk has sold $3.95 billion worth of shares in the electric vehicle maker, according to U.S. regulatory filings, days after he completed his purchase of Twitter Inc for $44 billion.Musk, whose net worth dropped below $200 billion after investors dumped Tesla stock, unloaded 19.5 million shares between Friday and Tuesday, filings published by the U.S. Securities and Exchange Commission showed.The latest share sale leaves Musk with a stake of roughly 14% in Tesla, according to a Reuters calculation.The purpose of the sale was not disclosed.The latest sale dump comes as analysts had widely expected Musk to sell additional Tesla shares to finance the Twitter deal.Musk, the world's richest man, had asserted in April he was done selling Tesla stock. Still, he went on to sell another $6.9 billion worth Tesla shares in August and said the sale was conducted to pay for the social media platform.Musk, the world's richest man, had about $20 billion in cash after selling a part of his stake in Tesla, including the sales made last year. This would have required him to raise an additional $2 billion to $3 billion to finance the takeover, according to a Reuters calculation.Tesla has lost nearly half its market value and Musk's net worth slumped by $70 billion ever since he bid for Twitter in April.Twitter and Tesla did not immediately respond to Reuters' requests for comment.Musk took over Twitter last month and has engaged in drastic measures including sacking half the staff and a plan to charge for blue check verification marks.The billionaire pledged to provide $46.5 billion in equity and debt financing for the acquisition, which covered the $44 billion price tag and the closing costs. Banks, including Morgan Stanley and Bank of America Corp, committed to provide $13 billion in debt financing.Musk's $33.5 billion equity commitment included his 9.6% Twitter stake, which is worth $4 billion, and the $7.1 billion he had secured from equity investors, including Oracle Corp co-founder Larry Ellison and Saudi Prince Alwaleed bin Talal.Musk had tried to walk away from the deal in May, alleging that Twitter understated the number of bot and spam accounts on the platform. This led to a series of lawsuits between the two parties.","news_type":1},"isVote":1,"tweetType":1,"viewCount":326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983919914,"gmtCreate":1666137194038,"gmtModify":1676537710635,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582267850069988","idStr":"3582267850069988"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9983919914","repostId":"2276398140","repostType":4,"repost":{"id":"2276398140","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1666130431,"share":"https://ttm.financial/m/news/2276398140?lang=&edition=fundamental","pubTime":"2022-10-19 06:00","market":"us","language":"en","title":"US STOCKS-Goldman, Lockheed Results Buoy Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=2276398140","media":"Reuters","summary":"(Reuters) - U.S. stocks closed higher for a second straight day on Tuesday as solid quarterly results from Goldman Sachs and Lockheed Martin lessened worries of a weak earnings season.Goldman Sachs Gr","content":"<html><head></head><body><p>(Reuters) - U.S. stocks closed higher for a second straight day on Tuesday as solid quarterly results from Goldman Sachs and Lockheed Martin lessened worries of a weak earnings season.</p><p>Goldman Sachs Group Inc gained 2.33% after reporting a smaller-than-expected drop in quarterly profit as a boost in net interest income cushioned the blow from a slowdown in investment banking.</p><p>The investment bank, which is reorganizing its business into three units, largely closed out earnings from major financial firms on a largely positive note, even though several lenders raised the loan loss provisions in anticipation of troubled times ahead.</p><p>Lockheed Martin shot up 8.69% after the weapons maker posted stronger-than-expected quarterly revenue and maintained its 2022 revenue view. The gains helped lift the S&amp;P industrials index as the best performing of the 11 major sectors.</p><p>&#34;The banks were good... we’ll see if some of the other ones, more of the consumer sensitive ones, can they pass through their cost increases, have they stopped passing them though, but yeah people are hoping for better,&#34; said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey.</p><p>&#34;We need to see more of the earnings data, we need to see more of the data that will knock down inflation and then you can maybe get your rally going, until then I think everybody would say treat all rallies as suspect.&#34;</p><p>Analysts now expect quarterly earnings growth for S&amp;P 500 companies of just 2.8% from a year ago, much lower than an 11.1% increase expected at the start of July, according to Refinitiv data.</p><p>The Dow Jones Industrial Average rose 337.98 points, or 1.12%, to 30,523.8, the S&amp;P 500 gained 42.03 points, or 1.14%, to 3,719.98 and the Nasdaq Composite added 96.60 points, or 0.9%, to 10,772.40.</p><p>Also providing a boost was a 4.31% rise in Salesforce Inc shares after a media report that activist investor Starboard Value LP has picked up stake in the enterprise software firm.</p><p>Stocks briefly pared gains late in the session after a report that Apple was cutting production of its iPhone 14 Plus just weeks after starting shipments, before shares of the tech giant recovered and ended the session up 0.94%.</p><p>Signs the U.S. Federal Reserve&#39;s aggressive rate hike path may be starting to crimp the labor market were beginning to appear. Microsoft Corp, was little changed after a report it was laying off under 1,000 employees this week, becoming the latest U.S. technology company to cut jobs or slow hiring amid a global economic slowdown.</p><p>The Fed&#39;s path has left many investors worried it could tilt the economy into a recession by making a policy mistake and raising rates too much. Fed officials have largely been in sync in comments about the need for the central bank to tamp down inflation.</p><p>A report said ratings agency Fitch has slashed U.S. growth forecasts for this year and next and was set to warn that the Fed&#39;s interest rate hikes and inflation will drive the economy into a 1990-style recession.</p><p>But economic data on Tuesday indicated the manufacturing sector remains on reasonable footing despite the Fed&#39;s efforts, although they appear to be sharply weighing on the housing market.</p><p>Netflix lost 1.73% ahead of its earnings report after the market close, with all eyes on the video-streaming company&#39;s subscriber growth, which is seen falling in the third quarter. But its shares surged 14.49% after the closing bell as it reversed subscriber declines.</p><p>Volume on U.S. exchanges was 11.67 billion shares, compared with the 11.62 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.70-to-1 ratio; on Nasdaq, a 1.90-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 3 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 80 new highs and 102 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Goldman, Lockheed Results Buoy Wall Street</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\">\nUS STOCKS-Goldman, Lockheed Results Buoy Wall Street\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\">2022-10-19 06:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - U.S. stocks closed higher for a second straight day on Tuesday as solid quarterly results from Goldman Sachs and Lockheed Martin lessened worries of a weak earnings season.</p><p>Goldman Sachs Group Inc gained 2.33% after reporting a smaller-than-expected drop in quarterly profit as a boost in net interest income cushioned the blow from a slowdown in investment banking.</p><p>The investment bank, which is reorganizing its business into three units, largely closed out earnings from major financial firms on a largely positive note, even though several lenders raised the loan loss provisions in anticipation of troubled times ahead.</p><p>Lockheed Martin shot up 8.69% after the weapons maker posted stronger-than-expected quarterly revenue and maintained its 2022 revenue view. The gains helped lift the S&amp;P industrials index as the best performing of the 11 major sectors.</p><p>&#34;The banks were good... we’ll see if some of the other ones, more of the consumer sensitive ones, can they pass through their cost increases, have they stopped passing them though, but yeah people are hoping for better,&#34; said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey.</p><p>&#34;We need to see more of the earnings data, we need to see more of the data that will knock down inflation and then you can maybe get your rally going, until then I think everybody would say treat all rallies as suspect.&#34;</p><p>Analysts now expect quarterly earnings growth for S&amp;P 500 companies of just 2.8% from a year ago, much lower than an 11.1% increase expected at the start of July, according to Refinitiv data.</p><p>The Dow Jones Industrial Average rose 337.98 points, or 1.12%, to 30,523.8, the S&amp;P 500 gained 42.03 points, or 1.14%, to 3,719.98 and the Nasdaq Composite added 96.60 points, or 0.9%, to 10,772.40.</p><p>Also providing a boost was a 4.31% rise in Salesforce Inc shares after a media report that activist investor Starboard Value LP has picked up stake in the enterprise software firm.</p><p>Stocks briefly pared gains late in the session after a report that Apple was cutting production of its iPhone 14 Plus just weeks after starting shipments, before shares of the tech giant recovered and ended the session up 0.94%.</p><p>Signs the U.S. Federal Reserve&#39;s aggressive rate hike path may be starting to crimp the labor market were beginning to appear. Microsoft Corp, was little changed after a report it was laying off under 1,000 employees this week, becoming the latest U.S. technology company to cut jobs or slow hiring amid a global economic slowdown.</p><p>The Fed&#39;s path has left many investors worried it could tilt the economy into a recession by making a policy mistake and raising rates too much. Fed officials have largely been in sync in comments about the need for the central bank to tamp down inflation.</p><p>A report said ratings agency Fitch has slashed U.S. growth forecasts for this year and next and was set to warn that the Fed&#39;s interest rate hikes and inflation will drive the economy into a 1990-style recession.</p><p>But economic data on Tuesday indicated the manufacturing sector remains on reasonable footing despite the Fed&#39;s efforts, although they appear to be sharply weighing on the housing market.</p><p>Netflix lost 1.73% ahead of its earnings report after the market close, with all eyes on the video-streaming company&#39;s subscriber growth, which is seen falling in the third quarter. But its shares surged 14.49% after the closing bell as it reversed subscriber declines.</p><p>Volume on U.S. exchanges was 11.67 billion shares, compared with the 11.62 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.70-to-1 ratio; on Nasdaq, a 1.90-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 3 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 80 new highs and 102 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2276398140","content_text":"(Reuters) - U.S. stocks closed higher for a second straight day on Tuesday as solid quarterly results from Goldman Sachs and Lockheed Martin lessened worries of a weak earnings season.Goldman Sachs Group Inc gained 2.33% after reporting a smaller-than-expected drop in quarterly profit as a boost in net interest income cushioned the blow from a slowdown in investment banking.The investment bank, which is reorganizing its business into three units, largely closed out earnings from major financial firms on a largely positive note, even though several lenders raised the loan loss provisions in anticipation of troubled times ahead.Lockheed Martin shot up 8.69% after the weapons maker posted stronger-than-expected quarterly revenue and maintained its 2022 revenue view. The gains helped lift the S&P industrials index as the best performing of the 11 major sectors.\"The banks were good... we’ll see if some of the other ones, more of the consumer sensitive ones, can they pass through their cost increases, have they stopped passing them though, but yeah people are hoping for better,\" said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey.\"We need to see more of the earnings data, we need to see more of the data that will knock down inflation and then you can maybe get your rally going, until then I think everybody would say treat all rallies as suspect.\"Analysts now expect quarterly earnings growth for S&P 500 companies of just 2.8% from a year ago, much lower than an 11.1% increase expected at the start of July, according to Refinitiv data.The Dow Jones Industrial Average rose 337.98 points, or 1.12%, to 30,523.8, the S&P 500 gained 42.03 points, or 1.14%, to 3,719.98 and the Nasdaq Composite added 96.60 points, or 0.9%, to 10,772.40.Also providing a boost was a 4.31% rise in Salesforce Inc shares after a media report that activist investor Starboard Value LP has picked up stake in the enterprise software firm.Stocks briefly pared gains late in the session after a report that Apple was cutting production of its iPhone 14 Plus just weeks after starting shipments, before shares of the tech giant recovered and ended the session up 0.94%.Signs the U.S. Federal Reserve's aggressive rate hike path may be starting to crimp the labor market were beginning to appear. Microsoft Corp, was little changed after a report it was laying off under 1,000 employees this week, becoming the latest U.S. technology company to cut jobs or slow hiring amid a global economic slowdown.The Fed's path has left many investors worried it could tilt the economy into a recession by making a policy mistake and raising rates too much. Fed officials have largely been in sync in comments about the need for the central bank to tamp down inflation.A report said ratings agency Fitch has slashed U.S. growth forecasts for this year and next and was set to warn that the Fed's interest rate hikes and inflation will drive the economy into a 1990-style recession.But economic data on Tuesday indicated the manufacturing sector remains on reasonable footing despite the Fed's efforts, although they appear to be sharply weighing on the housing market.Netflix lost 1.73% ahead of its earnings report after the market close, with all eyes on the video-streaming company's subscriber growth, which is seen falling in the third quarter. But its shares surged 14.49% after the closing bell as it reversed subscriber declines.Volume on U.S. exchanges was 11.67 billion shares, compared with the 11.62 billion average for the full session over the last 20 trading days.Advancing issues outnumbered declining ones on the NYSE by a 2.70-to-1 ratio; on Nasdaq, a 1.90-to-1 ratio favored advancers.The S&P 500 posted 3 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 80 new highs and 102 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":32,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9982093216,"gmtCreate":1667034093135,"gmtModify":1676537852743,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582267850069988","idStr":"3582267850069988"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9982093216","repostId":"2278507483","repostType":4,"repost":{"id":"2278507483","kind":"highlight","pubTimestamp":1667005734,"share":"https://ttm.financial/m/news/2278507483?lang=&edition=fundamental","pubTime":"2022-10-29 09:08","market":"us","language":"en","title":"3 Warren Buffett Stocks to Buy Hand Over Fist in November","url":"https://stock-news.laohu8.com/highlight/detail?id=2278507483","media":"Motley Fool","summary":"The Oracle of Omaha's methodology is passing the test of time after all.","content":"<html><head></head><body><p>Warren Buffett&#39;s value-based approach to picking stocks somewhat fell out of favor back in mid-2020, when growth stocks led the market out of its pandemic-prompted pullback. The market environment is more than a little rocky this year, though, and Buffett&#39;s philosophy is proving itself once again. Whereas the <b>S&amp;P 500</b> has been rather deep in the red over the past year of trading, <b>Berkshire Hathaway</b> stock is basically breaking even.</p><p>Translation: Given enough time, the all-weather Warren Buffett way still works.</p><p>Let&#39;s take a look at three Berkshire holdings you may want to scoop up for yourself, and soon. They&#39;re mostly underperforming for now. But these stocks tend to be recession-resilient, and they could end up outperforming the broad market in the foreseeable future.</p><h2>1. Bank of America</h2><p>At first glance, there are some troubling indicators surrounding banks right now. Rising interest rates could crimp demand for loans, while a weakening economy dents borrowers&#39; ability to make loan payments. Such an environment also sours the stock market, undermining the banking industry&#39;s investment-related businesses.</p><p>But investors may be pricing in far more downside than is merited for banks at the same time they&#39;re overlooking the upsides of this situation. That&#39;s arguably what&#39;s happening with <b>Bank of America</b> shares anyway.</p><p>Yes, last quarter&#39;s results showed a sizable uptick in provisions for losses on loans that may be in the cards, and per-share earnings fell from $0.85 to only $0.81 per share. That&#39;s quite possibly the worst trouble the bank&#39;s facing though. Even the company&#39;s investment management operation more or less matched this year&#39;s second-quarter results as well as the year-ago Q3 results during the third quarter of this year despite the broader market&#39;s poor performance.</p><p>Indeed, things may even be looking up very soon for Buffett&#39;s beaten-down $133 billion Bank of America position, which accounts for more than a tenth of his total stock holdings.</p><p>Although Bank of America is likely to make far fewer loans within the next few months than it has during the past few months, the net profitability of those loans should be much greater than the bank&#39;s current loan portfolio. In a recent interview with Yahoo! Finance, CEO Brian Moynihan pointed out that continued increases in interest rates could add another billion dollars worth of profitability to the company&#39;s current bottom line. That would bolster net interest income that was already up 24% year over year last quarter.</p><p>It&#39;s a possibility, however, that&#39;s only recent begun to be reflected in the stock&#39;s rebound effort from a sell-off that dragged it 40% below February&#39;s peak price. Still down 20% year to date though, the bounce since October&#39;s low may be a sign that the market is finally starting to right-price this ticker headed into November.</p><h2>2. Coca-Cola</h2><p>The recession-related risk of losing a job may prompt some people to cancel a vacation or postpone the purchase of a new car. Economic weakness and burgeoning inflation, however, typically don&#39;t cause consumers to stop buying their favorite beverages.</p><p>Enter<b> Coca-Cola</b>, which is doing just fine at a time when most companies aren&#39;t. Last quarter&#39;s organic revenue was up 16% on a 4% increase in unit volume, meaning the beverage giant is successfully passing along its higher costs to its customers. The company also managed to gain market share in a very crowded drinks market. And, given all that its management knows right now, Coca-Cola is still looking for solid single-digit revenue and earnings growth for the upcoming year despite broad economic headwinds.</p><p>This loyalty makes sense. Coca-Cola is one of the world&#39;s most recognized and beloved brand names, and being in business for 136 years means it&#39;s had plenty of time to become a fixture of the global culture. Christmas ornaments, clothing, toys, and home decor are just some of non-beverage goods that regularly borrow the Coca-Cola logo and colors, reflecting the planet&#39;s affinity for the brand outside of beverages.</p><p>Of course, The Coca-Cola Company isn&#39;t just its namesake cola anymore. The company reaches plenty of non-soda drinkers as well; it also owns Dasani water, Gold Peak tea, and Minute Maid juices, just to name a few.</p><p>Perhaps the real upside to new investors, however, is the nuance that Buffett likes most about this particular Berkshire holding. That&#39;s the dividend -- and its reliable growth -- that keeps on coming even in lousy environments. The quarterly payout has not only been paid like clockwork for decades now, but the annual dividend payment has been upped every year for the past 60 years.  Thanks to the stock&#39;s relative weakness this year, you can step into this stock right now while its yield is an above-average 3%.</p><h2>3. American Express</h2><p>Finally, add <b>American Express</b> to your list of Buffett stocks to buy sooner than later, while you can still buy it 26% below February&#39;s peak.</p><p>On the surface, it&#39;s just another credit company. Dig deeper, though, and it&#39;s much more. Whereas competitors like <b><a href=\"https://laohu8.com/S/V\">Visa</a></b> and <b>Mastercard</b> provide a payments processing platform for card issuers, American Express builds and operates its own robust charge-card ecosystem. The bulk of the company&#39;s personal and business charge cards impose an annual fee, but it&#39;s a fee its customers gladly pay in exchange for incredible perks. The Platinum Card, for instance, offers access to select airport lounges, while the Gold Card offers outright credits for <b>Uber Technology</b>&#39;s ride-hailing services.</p><p>And this ecosystem of benefits is no small matter.</p><p>The company earns interest income like any other lender and collects the usual transaction fees for facilitating the purchase of goods and services. But it also generates a great deal of service and card-fee income. Roughly 10% of last quarter&#39;s top line came from cardholders&#39; payments just for the privilege of holding an American Express charge card.</p><p>Of course, the economic turbulence could rattle consumers&#39; spending and prompt some to cancel credit cards that incur an annual fee. But that&#39;s not as likely as you might suspect.</p><p>Aside from the fact that American Express cardholders really, <i>really</i> love their rewards programs -- in August, J.D. Power ranked American Express highest for customer satisfaction for a third year in a row -- credit cards aren&#39;t just for splurging anymore. They&#39;re increasingly being used as an alternative to cash to buy everyday goods. In this vein, American Express has collected nearly $38.7 billion in net revenue through the first three quarters of this year, up 30% from where it was at this time of year in pre-pandemic 2019. Analysts are calling for top-line growth of 11% next year, too, despite the brewing economic headwind. That&#39;s more than many other companies will be able to produce.</p><p>You won&#39;t want to tarry if you agree with the bigger-picture bullish premise either. While the stock&#39;s deep in the red for the year, American Express and now both Mastercard and Visa all agreed in their most recent earnings reports that consumer spending is remaining surprisingly firm. The market hasn&#39;t been pricing these stocks accordingly, but may well do that beginning in November now that all three players are singing the same chorus.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Warren Buffett Stocks to Buy Hand Over Fist in November</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 Warren Buffett Stocks to Buy Hand Over Fist in November\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-29 09:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/10/28/3-warren-buffett-stocks-to-buy-hand-over-fist-in-n/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Warren Buffett's value-based approach to picking stocks somewhat fell out of favor back in mid-2020, when growth stocks led the market out of its pandemic-prompted pullback. The market environment is ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/10/28/3-warren-buffett-stocks-to-buy-hand-over-fist-in-n/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BAC":"美国银行","AXP":"美国运通","KO":"可口可乐"},"source_url":"https://www.fool.com/investing/2022/10/28/3-warren-buffett-stocks-to-buy-hand-over-fist-in-n/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2278507483","content_text":"Warren Buffett's value-based approach to picking stocks somewhat fell out of favor back in mid-2020, when growth stocks led the market out of its pandemic-prompted pullback. The market environment is more than a little rocky this year, though, and Buffett's philosophy is proving itself once again. Whereas the S&P 500 has been rather deep in the red over the past year of trading, Berkshire Hathaway stock is basically breaking even.Translation: Given enough time, the all-weather Warren Buffett way still works.Let's take a look at three Berkshire holdings you may want to scoop up for yourself, and soon. They're mostly underperforming for now. But these stocks tend to be recession-resilient, and they could end up outperforming the broad market in the foreseeable future.1. Bank of AmericaAt first glance, there are some troubling indicators surrounding banks right now. Rising interest rates could crimp demand for loans, while a weakening economy dents borrowers' ability to make loan payments. Such an environment also sours the stock market, undermining the banking industry's investment-related businesses.But investors may be pricing in far more downside than is merited for banks at the same time they're overlooking the upsides of this situation. That's arguably what's happening with Bank of America shares anyway.Yes, last quarter's results showed a sizable uptick in provisions for losses on loans that may be in the cards, and per-share earnings fell from $0.85 to only $0.81 per share. That's quite possibly the worst trouble the bank's facing though. Even the company's investment management operation more or less matched this year's second-quarter results as well as the year-ago Q3 results during the third quarter of this year despite the broader market's poor performance.Indeed, things may even be looking up very soon for Buffett's beaten-down $133 billion Bank of America position, which accounts for more than a tenth of his total stock holdings.Although Bank of America is likely to make far fewer loans within the next few months than it has during the past few months, the net profitability of those loans should be much greater than the bank's current loan portfolio. In a recent interview with Yahoo! Finance, CEO Brian Moynihan pointed out that continued increases in interest rates could add another billion dollars worth of profitability to the company's current bottom line. That would bolster net interest income that was already up 24% year over year last quarter.It's a possibility, however, that's only recent begun to be reflected in the stock's rebound effort from a sell-off that dragged it 40% below February's peak price. Still down 20% year to date though, the bounce since October's low may be a sign that the market is finally starting to right-price this ticker headed into November.2. Coca-ColaThe recession-related risk of losing a job may prompt some people to cancel a vacation or postpone the purchase of a new car. Economic weakness and burgeoning inflation, however, typically don't cause consumers to stop buying their favorite beverages.Enter Coca-Cola, which is doing just fine at a time when most companies aren't. Last quarter's organic revenue was up 16% on a 4% increase in unit volume, meaning the beverage giant is successfully passing along its higher costs to its customers. The company also managed to gain market share in a very crowded drinks market. And, given all that its management knows right now, Coca-Cola is still looking for solid single-digit revenue and earnings growth for the upcoming year despite broad economic headwinds.This loyalty makes sense. Coca-Cola is one of the world's most recognized and beloved brand names, and being in business for 136 years means it's had plenty of time to become a fixture of the global culture. Christmas ornaments, clothing, toys, and home decor are just some of non-beverage goods that regularly borrow the Coca-Cola logo and colors, reflecting the planet's affinity for the brand outside of beverages.Of course, The Coca-Cola Company isn't just its namesake cola anymore. The company reaches plenty of non-soda drinkers as well; it also owns Dasani water, Gold Peak tea, and Minute Maid juices, just to name a few.Perhaps the real upside to new investors, however, is the nuance that Buffett likes most about this particular Berkshire holding. That's the dividend -- and its reliable growth -- that keeps on coming even in lousy environments. The quarterly payout has not only been paid like clockwork for decades now, but the annual dividend payment has been upped every year for the past 60 years.  Thanks to the stock's relative weakness this year, you can step into this stock right now while its yield is an above-average 3%.3. American ExpressFinally, add American Express to your list of Buffett stocks to buy sooner than later, while you can still buy it 26% below February's peak.On the surface, it's just another credit company. Dig deeper, though, and it's much more. Whereas competitors like Visa and Mastercard provide a payments processing platform for card issuers, American Express builds and operates its own robust charge-card ecosystem. The bulk of the company's personal and business charge cards impose an annual fee, but it's a fee its customers gladly pay in exchange for incredible perks. The Platinum Card, for instance, offers access to select airport lounges, while the Gold Card offers outright credits for Uber Technology's ride-hailing services.And this ecosystem of benefits is no small matter.The company earns interest income like any other lender and collects the usual transaction fees for facilitating the purchase of goods and services. But it also generates a great deal of service and card-fee income. Roughly 10% of last quarter's top line came from cardholders' payments just for the privilege of holding an American Express charge card.Of course, the economic turbulence could rattle consumers' spending and prompt some to cancel credit cards that incur an annual fee. But that's not as likely as you might suspect.Aside from the fact that American Express cardholders really, really love their rewards programs -- in August, J.D. Power ranked American Express highest for customer satisfaction for a third year in a row -- credit cards aren't just for splurging anymore. They're increasingly being used as an alternative to cash to buy everyday goods. In this vein, American Express has collected nearly $38.7 billion in net revenue through the first three quarters of this year, up 30% from where it was at this time of year in pre-pandemic 2019. Analysts are calling for top-line growth of 11% next year, too, despite the brewing economic headwind. That's more than many other companies will be able to produce.You won't want to tarry if you agree with the bigger-picture bullish premise either. While the stock's deep in the red for the year, American Express and now both Mastercard and Visa all agreed in their most recent earnings reports that consumer spending is remaining surprisingly firm. The market hasn't been pricing these stocks accordingly, but may well do that beginning in November now that all three players are singing the same chorus.","news_type":1},"isVote":1,"tweetType":1,"viewCount":157,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9998479028,"gmtCreate":1661051344966,"gmtModify":1676536445306,"author":{"id":"3582267850069988","authorId":"3582267850069988","name":"LengLeng","avatar":"https://static.tigerbbs.com/ea2557d94f486aa7f3d56280e2403d30","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582267850069988","idStr":"3582267850069988"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9998479028","repostId":"2260785313","repostType":4,"repost":{"id":"2260785313","kind":"highlight","pubTimestamp":1661045446,"share":"https://ttm.financial/m/news/2260785313?lang=&edition=fundamental","pubTime":"2022-08-21 09:30","market":"us","language":"en","title":"No, There Is No New Short-Selling Champion in Tesla Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2260785313","media":"Barrons","summary":"There was a stir in the Tesla investing community when a regulator filing indicated that asset manag","content":"<html><head></head><body><p>There was a stir in the Tesla investing community when a regulator filing indicated that asset manager Deer Park Road made a seemingly huge bet against Tesla stock using put options. The stir is just a tempest in a teapot. There is no new short-selling champion for Tesla bears to hoist onto their shoulders.</p><p>A put option is, generally speaking, a bearish bet. It gives the holder the right to sell a stock at a fixed price in the future. Holders of put options do better the lower a stock price falls.</p><p>A quarterly regulatory filing indicated that Deer Park had amassed put-option contracts representing more than 4.8 million shares of Tesla (ticker: TSLA) stock. That much Tesla stock is worth roughly $4.3 billion at current prices. On the surface that looks like a massive bet.</p><p>But that isn&#39;t really the way options work. The price paid for an options contract depends on many factors including the strike price and time to contract expiration.</p><p>Consider Tesla put options that expire Friday Aug. 19, and give the holder the right to sell Tesla stock at about $800 a share are essentially trading for about one cent. Theoretically, amassing options contracts that reflect 4.8 million shares of Tesla could cost someone $48,000. That&#39;s a long way from $4.3 billion.</p><p>It wouldn&#39;t be a good idea, though. There isn&#39;t high probability that Tesla stock will drop about $100 in the final hour of trading Friday.</p><p>(There isn&#39;t much trading volume in those contracts. It&#39;s just an example.)</p><p>Deer Park Chief Investment Officer Scott Burg told Barron&#39;s the Tesla put-options position amounted to 0.1% of his portfolio. That isn&#39;t all that much, and indicates Deer Park probably paid the less than $1 per share represented the puts.</p><p>That isn&#39;t a lot for a stock worth about $900. That also means the put options were either expiring soon, or deeply out of the money, or both. Burg didn&#39;t get into contract specifics, but said the position was closed profitably. The tiny position is already gone.</p><p>Profits aren&#39;t hard to fathom. Tesla stock did fall, along with other technology shares, in the second quarter. Tesla stock dropped almost 38% from the end of March to the end of June while the Nasdaq Composite fell 22% over the same span.</p><p>Burg doesn&#39;t consider himself a big Tesla bear. He&#39;s says he is bearish on the overall economy and the consumer. He expects Tesla stock to struggle, but just like any other consumer discretionary stock this coming year.</p><p>The whole episode does illustrate an important lesson about options trading. There are many ways to use options in a portfolio.</p><p>Investors can buy options contracts far from current prices. They are cheap and only pay off if extreme events happen. They can also be used to bet on volatility. Options get more valuable as stock volatility rises and less valuable when volatility falls. Options can be used to hedge a portfolio, too.</p><p>What&#39;s more, bearish options bets can actually generate income for bullish investors. Take Tesla. It doesn&#39;t pay a dividend. If that irks some shareholders they can sell call options contracts. (Selling a call is similar to a put option. Both work out if the stock falls. It&#39;s a bearish bet.)</p><p>A Tesla holder selling a $900 call option that expires in September gets about $44. That&#39;s almost 5% the value of the Tesla stock. The risk with selling call options against stock held is that the stock could go up. If Tesla hit $1,000, that holder would have essentially sold some of his position for $900, missing out on the additional gain.</p><p>There are many other things pros do with options. People have careers trading options for brokerage firms and asset managers.</p><p>However, options don&#39;t indicate with certainty how someone feels about the stock that underlies the options contract.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>No, There Is No New Short-Selling Champion in Tesla Stock</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\">\nNo, There Is No New Short-Selling Champion in Tesla Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-21 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-stock-short-selling-51660942310?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There was a stir in the Tesla investing community when a regulator filing indicated that asset manager Deer Park Road made a seemingly huge bet against Tesla stock using put options. The stir is just ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-stock-short-selling-51660942310?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-short-selling-51660942310?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2260785313","content_text":"There was a stir in the Tesla investing community when a regulator filing indicated that asset manager Deer Park Road made a seemingly huge bet against Tesla stock using put options. The stir is just a tempest in a teapot. There is no new short-selling champion for Tesla bears to hoist onto their shoulders.A put option is, generally speaking, a bearish bet. It gives the holder the right to sell a stock at a fixed price in the future. Holders of put options do better the lower a stock price falls.A quarterly regulatory filing indicated that Deer Park had amassed put-option contracts representing more than 4.8 million shares of Tesla (ticker: TSLA) stock. That much Tesla stock is worth roughly $4.3 billion at current prices. On the surface that looks like a massive bet.But that isn't really the way options work. The price paid for an options contract depends on many factors including the strike price and time to contract expiration.Consider Tesla put options that expire Friday Aug. 19, and give the holder the right to sell Tesla stock at about $800 a share are essentially trading for about one cent. Theoretically, amassing options contracts that reflect 4.8 million shares of Tesla could cost someone $48,000. That's a long way from $4.3 billion.It wouldn't be a good idea, though. There isn't high probability that Tesla stock will drop about $100 in the final hour of trading Friday.(There isn't much trading volume in those contracts. It's just an example.)Deer Park Chief Investment Officer Scott Burg told Barron's the Tesla put-options position amounted to 0.1% of his portfolio. That isn't all that much, and indicates Deer Park probably paid the less than $1 per share represented the puts.That isn't a lot for a stock worth about $900. That also means the put options were either expiring soon, or deeply out of the money, or both. Burg didn't get into contract specifics, but said the position was closed profitably. The tiny position is already gone.Profits aren't hard to fathom. Tesla stock did fall, along with other technology shares, in the second quarter. Tesla stock dropped almost 38% from the end of March to the end of June while the Nasdaq Composite fell 22% over the same span.Burg doesn't consider himself a big Tesla bear. He's says he is bearish on the overall economy and the consumer. He expects Tesla stock to struggle, but just like any other consumer discretionary stock this coming year.The whole episode does illustrate an important lesson about options trading. There are many ways to use options in a portfolio.Investors can buy options contracts far from current prices. They are cheap and only pay off if extreme events happen. They can also be used to bet on volatility. Options get more valuable as stock volatility rises and less valuable when volatility falls. Options can be used to hedge a portfolio, too.What's more, bearish options bets can actually generate income for bullish investors. Take Tesla. It doesn't pay a dividend. If that irks some shareholders they can sell call options contracts. (Selling a call is similar to a put option. Both work out if the stock falls. It's a bearish bet.)A Tesla holder selling a $900 call option that expires in September gets about $44. That's almost 5% the value of the Tesla stock. The risk with selling call options against stock held is that the stock could go up. If Tesla hit $1,000, that holder would have essentially sold some of his position for $900, missing out on the additional gain.There are many other things pros do with options. People have careers trading options for brokerage firms and asset managers.However, options don't indicate with certainty how someone feels about the stock that underlies the options contract.","news_type":1},"isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}