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2021-11-26

........

2021-11-15

[微笑] [微笑] [微笑]

@我i168:My SGX stock watchlist

2021-11-11

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@Buy_Sell:🚀【11月10日】三大指数集体收跌，特斯拉闪崩，今天买点啥

2021-11-04

$Xiaomi - Dec 2021(MIU2112)$ [惊吓] [惊吓] [惊吓] [惊吓] [惊吓]

2021-11-01

[强] [强] [强] [强]

抱歉，原内容已删除

2021-10-31

[微笑] [微笑] [微笑] [微笑]

Top Wall Street Strategist Sees a Fast 10% Q4 Correction Coming<blockquote>华尔街顶级策略师预计第四季度将出现10%的快速调整</blockquote>

2021-10-30

$Starbucks(SBUX)$[得意] [得意] [得意] [得意]

2021-10-29

$Xiaomi 5xShortSG220705(DCCW.SI)$[微笑] [微笑] [微笑] [微笑]

2021-10-28

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@YOLO道:$黑莓(BB)$由于WSB股票卷土重来，黑莓又开始有一些小动作了。那么这种势头会持续下去，还是说只是昙花一现？从好的方面看，黑莓目前回到了所有主要移动平均线之上。只要情况不变，就很难看跌。如果股价进入12美元至12.15美元区域，那么突破到15美元的可能性更大。如果黑莓跌破200天移动平均线，那么下一个目标将是9.30美元至9.50美元区域。

2021-10-27

[微笑] [微笑] [微笑] [微笑]

@读懂港美股:A股和港股的分红到底有什么不同？看它就够了！

2021-10-25

$Starbucks(SBUX)$[微笑] [微笑] [微笑]

2021-10-24

$Zepp Health Corporation(ZEPP)$[微笑] [微笑] [微笑] [微笑]

2021-10-23

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@雷递:沃尔沃拟欧洲上市：估值超200亿美元吉利将获巨额回报

2021-10-20

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@美股研习社:缺芯之下，全球第三大晶圆代工厂格罗方德IPO闪亮登场

2021-10-14

$Starbucks(SBUX)$[微笑] [微笑]

2021-10-14

$Starbucks(SBUX)$[财迷]

2021-10-11

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In a bigger picture, semicon related counters in US and here all had a good run-up. More to come for AEM, certainly!My other favourite come-back kid is <a href=\"https://laohu8.com/S/QC7.SI\">$Q &amp; M DENTAL GROUP (S) LIMITED(QC7.SI)$</a>. Good earnings report and company share buyback, double booster jabs,&nbsp;have resumed the up-trend of its share price,&nbsp;after the fall caused by reduced PCR tests. More to come.A couple of counters that have good potential in coming week(s):A) <a href=\"https://laohu8.com/S/MZH.SI\">$Nanofilm</a>","listText":"It’s been an exciting week, isn’t it?The star of the week is no doubt&nbsp;<a href=\"https://laohu8.com/S/AWX.SI\">$AEM HOLDINGS LTD(AWX.SI)$</a>...a hugerise after 3Q earnings report, raising 4Q revenue target and&nbsp;pointing to a&nbsp;promising 2022 and beyond. In a bigger picture, semicon related counters in US and here all had a good run-up. More to come for AEM, certainly!My other favourite come-back kid is <a href=\"https://laohu8.com/S/QC7.SI\">$Q &amp; M DENTAL GROUP (S) LIMITED(QC7.SI)$</a>. Good earnings report and company share buyback, double booster jabs,&nbsp;have resumed the up-trend of its share price,&nbsp;after the fall caused by reduced PCR tests. More to come.A couple of counters that have good potential in coming week(s):A) <a href=\"https://laohu8.com/S/MZH.SI\">$Nanofilm</a>","text":"It’s been an exciting week, isn’t it?The star of the week is no doubt $AEM HOLDINGS LTD(AWX.SI)$...a hugerise after 3Q earnings report, raising 4Q revenue target and pointing to a promising 2022 and beyond. In a bigger picture, semicon related counters in US and here all had a good run-up. More to come for AEM, certainly!My other favourite come-back kid is $Q & M DENTAL GROUP (S) LIMITED(QC7.SI)$. Good earnings report and company share buyback, double booster jabs, have resumed the up-trend of its share price, after the fall caused by reduced PCR tests. More to come.A couple of counters that have good potential in coming week(s):A) $Nanofilm","images":[],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879433497","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1624,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":870968755,"gmtCreate":1636580776593,"gmtModify":1636580776593,"author":{"id":"3578041826521141","authorId":"3578041826521141","name":"CgYeo","avatar":"https://static.tigerbbs.com/10ccfe7dee0a0583bc64e41abb216a9b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578041826521141","authorIdStr":"3578041826521141"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/870968755","repostId":"847618870","repostType":1,"repost":{"id":847618870,"gmtCreate":1636512561286,"gmtModify":1636513809202,"author":{"id":"3527667596890271","authorId":"3527667596890271","name":"Buy_Sell","avatar":"https://static.tigerbbs.com/a5f0ed79a338c758a22e0b4ea13bf9d2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667596890271","authorIdStr":"3527667596890271"},"themes":[],"title":"🚀【11月10日】三大指数集体收跌，特斯拉闪崩，今天买点啥","htmlText":"聊聊今日份的交易想法，包括对于大盘走势后续的看法？看涨/看跌哪只股票、晒晒单等等。 港股市场 11月10日，恒生指数开盘下跌25.69点，跌幅0.1%，报24787.44点；国企指数开盘下跌3.07点，跌幅0.03%，报8802.95点；红筹指数开盘上涨8.83点，涨幅0.24%，报3747.12点。 恒生科技指数跌0.21%，大型科技股涨跌不一，<a target=\"_blank\" href=\"https://laohu8.com/S/00700\">$腾讯控股(00700)$</a> 涨超1%，将于今日公布业绩；<a target=\"_blank\" href=\"https://laohu8.com/S/09988\">$阿里巴巴-SW(09988)$</a> 、<a target=\"_blank\" href=\"https://laohu8.com/S/09618\">$京东集团-SW(09618)$</a> 小幅高开，<a target=\"_blank\" href=\"https://laohu8.com/S/09999\">$网易-S(09999)$</a> 跌1.2%，<a target=\"_blank\" href=\"https://laohu8.com/S/01024\">$快手-W(01024)$</a> 跌近1%； 港股汽车股普遍低开，<a target=\"_blank\" href=\"https://laohu8.com/S/02015\">$理想汽车-W(02015)$</a> 跌5.7%，<a target=\"_blank\" href=\"https://laohu8.com/S/09868\">$小鹏汽车-W(09868)$</a> 跌5.1%，<a target=\"_blank\" href=\"https://laohu8.com/S/02333\">$长城汽车(02333</a>","listText":"聊聊今日份的交易想法，包括对于大盘走势后续的看法？看涨/看跌哪只股票、晒晒单等等。 港股市场 11月10日，恒生指数开盘下跌25.69点，跌幅0.1%，报24787.44点；国企指数开盘下跌3.07点，跌幅0.03%，报8802.95点；红筹指数开盘上涨8.83点，涨幅0.24%，报3747.12点。 恒生科技指数跌0.21%，大型科技股涨跌不一，<a target=\"_blank\" href=\"https://laohu8.com/S/00700\">$腾讯控股(00700)$</a> 涨超1%，将于今日公布业绩；<a target=\"_blank\" href=\"https://laohu8.com/S/09988\">$阿里巴巴-SW(09988)$</a> 、<a target=\"_blank\" href=\"https://laohu8.com/S/09618\">$京东集团-SW(09618)$</a> 小幅高开，<a target=\"_blank\" href=\"https://laohu8.com/S/09999\">$网易-S(09999)$</a> 跌1.2%，<a target=\"_blank\" href=\"https://laohu8.com/S/01024\">$快手-W(01024)$</a> 跌近1%； 港股汽车股普遍低开，<a target=\"_blank\" href=\"https://laohu8.com/S/02015\">$理想汽车-W(02015)$</a> 跌5.7%，<a target=\"_blank\" href=\"https://laohu8.com/S/09868\">$小鹏汽车-W(09868)$</a> 跌5.1%，<a target=\"_blank\" href=\"https://laohu8.com/S/02333\">$长城汽车(02333</a>","text":"聊聊今日份的交易想法，包括对于大盘走势后续的看法？看涨/看跌哪只股票、晒晒单等等。 港股市场 11月10日，恒生指数开盘下跌25.69点，跌幅0.1%，报24787.44点；国企指数开盘下跌3.07点，跌幅0.03%，报8802.95点；红筹指数开盘上涨8.83点，涨幅0.24%，报3747.12点。 恒生科技指数跌0.21%，大型科技股涨跌不一，$腾讯控股(00700)$ 涨超1%，将于今日公布业绩；$阿里巴巴-SW(09988)$ 、$京东集团-SW(09618)$ 小幅高开，$网易-S(09999)$ 跌1.2%，$快手-W(01024)$ 跌近1%； 港股汽车股普遍低开，$理想汽车-W(02015)$ 跌5.7%，$小鹏汽车-W(09868)$ 跌5.1%，$长城汽车(02333","images":[{"img":"https://static.tigerbbs.com/6b3ecab19c8b50a5dc2ffb1a138806bf","width":"200","height":"200"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847618870","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"subType":2,"comments":[],"imageCount":2,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":733,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848113977,"gmtCreate":1635982821822,"gmtModify":1635982821822,"author":{"id":"3578041826521141","authorId":"3578041826521141","name":"CgYeo","avatar":"https://static.tigerbbs.com/10ccfe7dee0a0583bc64e41abb216a9b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578041826521141","authorIdStr":"3578041826521141"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/FUT/MIU2112\">$Xiaomi - Dec 2021(MIU2112)$ &nbsp;</a>[惊吓]&nbsp;[惊吓]&nbsp;[惊吓]&nbsp;[惊吓]&nbsp;[惊吓]&nbsp;","listText":"<a href=\"https://laohu8.com/FUT/MIU2112\">$Xiaomi - Dec 2021(MIU2112)$ &nbsp;</a>[惊吓]&nbsp;[惊吓]&nbsp;[惊吓]&nbsp;[惊吓]&nbsp;[惊吓]&nbsp;","text":"$Xiaomi - Dec 2021(MIU2112)$ [惊吓] [惊吓] [惊吓] [惊吓] [惊吓]","images":[{"img":"https://static.tigerbbs.com/36fa139e48cb18ba19e5daf2b121f8a1","width":"1080","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/848113977","isVote":1,"tweetType":1,"viewCount":1269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":849495931,"gmtCreate":1635772060175,"gmtModify":1635772060175,"author":{"id":"3578041826521141","authorId":"3578041826521141","name":"CgYeo","avatar":"https://static.tigerbbs.com/10ccfe7dee0a0583bc64e41abb216a9b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578041826521141","authorIdStr":"3578041826521141"},"themes":[],"htmlText":"[强]&nbsp;[强]&nbsp;[强]&nbsp;[强]&nbsp;","listText":"[强]&nbsp;[强]&nbsp;[强]&nbsp;[强]&nbsp;","text":"[强] [强] [强] [强]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/849495931","repostId":"1121087038","repostType":4,"isVote":1,"tweetType":1,"viewCount":966,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":840750995,"gmtCreate":1635692206945,"gmtModify":1635692206945,"author":{"id":"3578041826521141","authorId":"3578041826521141","name":"CgYeo","avatar":"https://static.tigerbbs.com/10ccfe7dee0a0583bc64e41abb216a9b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578041826521141","authorIdStr":"3578041826521141"},"themes":[],"htmlText":"[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;","listText":"[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;","text":"[微笑] [微笑] [微笑] [微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/840750995","repostId":"1130019043","repostType":4,"repost":{"id":"1130019043","kind":"news","pubTimestamp":1635579123,"share":"https://www.laohu8.com/m/news/1130019043?lang=zh_CN&edition=full","pubTime":"2021-10-30 15:32","market":"hk","language":"en","title":"Top Wall Street Strategist Sees a Fast 10% Q4 Correction Coming<blockquote>华尔街顶级策略师预计第四季度将出现10%的快速调整</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1130019043","media":"24/7 wall street","summary":"A plethora of acronyms are used in the financial world for a wide variety of items. Most investors a","content":"<p>A plethora of acronyms are used in the financial world for a wide variety of items. Most investors are well aware of the FAANG stocks, which are the massive tech monsters that rule the market. In addition, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the acronyms used to describe the constant rise in the stock markets, especially when the “buy the dip” crowd takes control after sizable selling, is FOMO, or fear of missing out.</p><p><blockquote>在金融界，大量的首字母缩略词用于各种各样的项目。大多数投资者都很清楚FAANG股票，它们是统治市场的大型科技巨头。此外，<a href=\"https://laohu8.com/S/AONE.U\">一</a>FOMO是用来描述股市持续上涨的首字母缩略词之一，尤其是当“逢低买入”人群在大量抛售后控制局面时。</blockquote></p><p> One of the very newest acronyms to hit the market speak lexicon is TINA. That stands for “there is no alternative,” which is an explanation for the constant ascent of the stock market. Basically what it means is that, due to very low yields on bonds and cash, especially with mounting inflation, owning stocks (especially those that pay solid and predictable dividends) is the only way to stay ahead of the game.</p><p><blockquote>TINA是最新进入市场词汇的首字母缩略词之一。这代表“别无选择”，这是对股市不断上涨的解释。基本上，这意味着，由于债券和现金的收益率非常低，特别是在通货膨胀加剧的情况下，持有股票（尤其是那些支付稳定且可预测股息的股票）是保持领先地位的唯一途径。</blockquote></p><p> If any one equity strategist across Wall Street has been right on the money over the past few years, it is Stifel’s head of Institutional Equity Strategy, Barry Bannister, and he is advising clients that we could be poised to have a TINA trap sell-off. We have covered his outstanding and prescient calls for years, and generally when he talks, we listen. Those who did so at the height of the sell-off in 2020 posted some massive gains.</p><p><blockquote>如果说过去几年华尔街有哪一位股票策略师是正确的，那就是Stifel的机构股票策略主管巴里·班尼斯特(Barry Bannister)，他向客户建议，我们可能会遭遇TINA陷阱抛售。多年来，我们一直在报道他杰出而有先见之明的评级，通常当他讲话时，我们会倾听。那些在2020年抛售最严重的时候这样做的人取得了一些巨大的收益。</blockquote></p><p> On March 19, 2020, just four short days before the final surge of selling and investor capitulation on March 23, Bannister and his team dropped a prediction for a relief rally that would carry the S&amp;P 500 to the 2,750 level by April 30. On March 23, the index hit an intraday low of 2,191, and it closed at 2,237.</p><p><blockquote>2020年3月19日，就在3月23日抛售和投资者投降最后激增的短短四天前，班尼斯特和他的团队放弃了对缓解性反弹的预测，该反弹将使标普500在4月30日之前升至2,750点。3月23日，该指数盘中最低触及2191点，收盘于2237点。</blockquote></p><p> We covered that incredibly bold prediction then, and while some were very skeptical of the call, Bannister made the prerequisite financial media rounds at the time giving his firm’s rationale for the prediction. In early April of 2020 as a surge of alarming news on the COVID-19 pandemic flooded the airwaves, Stifel came out and defended the call, telling clients to stand their ground. In the middle of April, as the rest of Wall Street was finally on board, Stifel raised the end-of-April target to 2,950. On April 30, in line with the laser-like call from Stifel, the S&amp;P 500 closed at 2,912 after hitting an intraday high of 2,930 and after trading to 2,950 level the day before. In late May of 2020, Stifel once again raised the price target on the S&amp;P 500 to 3,250 by August 30.</p><p><blockquote>我们当时报道了这一令人难以置信的大胆预测，虽然有些人对看涨期权非常怀疑，但班尼斯特当时在金融媒体上发表了先决条件，给出了他的公司做出这一预测的理由。2020年4月初，随着有关COVID-19大流行的令人震惊的消息充斥电视广播，Stifel站出来为看涨期权辩护，告诉客户坚持自己的立场。4月中旬，随着华尔街其他人终于加入进来，Stifel将4月底的目标上调至2,950点。4月30日，与Stifel激光般的看涨期权一致，标普500在触及2930点的盘中高点并在前一天交易至2950点后收于2912点。2020年5月下旬，Stifel再次将标普500的目标价上调至8月30日的3,250点。</blockquote></p><p> Once again, Bannister sees storm clouds on the horizon, and with good reason. Everything from stocks to gold, Treasury debt and oil and have been pushed higher. This is a result of a unique combination of the FOMO worries and the TINA mentality. In a new research report, Bannister and his team feel that a lightning-fast 10% correction could occur in the remaining months of the fourth quarter. The report noted this:</p><p><blockquote>班尼斯特又一次看到了地平线上的乌云，这是有充分理由的。从股票到黄金、国债和石油，一切都被推高。这是FOMO担忧和TINA心态独特结合的结果。在一份新的研究报告中，班尼斯特和他的团队认为，第四季度剩余几个月可能会出现闪电般的10%修正。报告指出：</blockquote></p><p>   Near-term in the fourth quarter of 2021, we note that equal-weighted cyclicals vs. defensives are very near the point at which P/E-driven S&amp;P 500 corrections occur, and we see downside equating to the S&amp;P 500 falling from 4,535 currently to ~4,000 (prior view 3,800), around a 10% correction in the fourth quarter as we see mid-cycle risks.    Our target and concerns are based on slowing global liquidity and tighter financial conditions with a gradual but unwavering Fed exit (especially after the Fed Chair is named). Sure, the Fed-inflated TINA trade “There is No Alternative” (to stocks) exists, but everyone goes into the boxing ring “with a plan” to buy-the-dip…until they get hit with a double-digit correction.    Looking out to mid-2022 through 2025, we observe that value vs. growth tracks the S&amp;P 500 divided by commodity index ratio, which soared in 2020 (favored growth stocks), fell in 2021 (favors value) and may bounce in mid-2022 (after the S&amp;P 500 corrects) favoring growth, post-dip. We also show that despite the Quantitative Easing taper the S&amp;P 500 could hit 5,200 by Jun-2022 (TINA’s last gasp?). Moreover, we see no actual bear market, which would be a 20% or more decline until fed funds is 1% (4 rate hikes), which fed funds futures indicate does not occur until 2024. </p><p><blockquote>近期在2021年第四季度，我们注意到等权重周期性股票与防御性股票非常接近市盈率驱动的标普500修正发生的点，我们认为下行相当于标普500从目前的4,535点下跌至约4,000点（之前的观点为3,800点），由于我们看到了中期周期风险，第四季度的修正约为10%。我们的目标和担忧基于全球流动性放缓和金融状况收紧，美联储将逐步但坚定不移地退出（尤其是在美联储主席任命之后）。当然，美联储膨胀的TINA交易“别无选择”（股票）是存在的，但每个人都“带着一个计划”进入拳击场，以逢低买入……直到他们受到两位数的修正。展望2022年中期至2025年，我们观察到价值与增长遵循标普500除以大宗商品指数比率，该比率在2020年飙升（青睐成长股），在2021年下跌（青睐价值股），并可能在2022年中期反弹（标普500修正后）有利于增长，下跌后。我们还表明，尽管量化宽松缩减，到2022年6月，标普500仍可能达到5,200（TINA的最后一口气？）.此外，我们没有看到真正的熊市，在联邦基金利率达到1%（加息4次）之前，熊市将下跌20%或更多，联邦基金期货表明这种情况要到2024年才会发生。</blockquote></p><p></p>","source":"lsy1620372341666","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>Top Wall Street Strategist Sees a Fast 10% Q4 Correction Coming<blockquote>华尔街顶级策略师预计第四季度将出现10%的快速调整</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nTop Wall Street Strategist Sees a Fast 10% Q4 Correction Coming<blockquote>华尔街顶级策略师预计第四季度将出现10%的快速调整</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">24/7 wall street</strong><span class=\"h-time small\">2021-10-30 15:32</span>\n</p>\n</h4>\n</header>\n<article>\n<p>A plethora of acronyms are used in the financial world for a wide variety of items. Most investors are well aware of the FAANG stocks, which are the massive tech monsters that rule the market. In addition, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the acronyms used to describe the constant rise in the stock markets, especially when the “buy the dip” crowd takes control after sizable selling, is FOMO, or fear of missing out.</p><p><blockquote>在金融界，大量的首字母缩略词用于各种各样的项目。大多数投资者都很清楚FAANG股票，它们是统治市场的大型科技巨头。此外，<a href=\"https://laohu8.com/S/AONE.U\">一</a>FOMO是用来描述股市持续上涨的首字母缩略词之一，尤其是当“逢低买入”人群在大量抛售后控制局面时。</blockquote></p><p> One of the very newest acronyms to hit the market speak lexicon is TINA. That stands for “there is no alternative,” which is an explanation for the constant ascent of the stock market. Basically what it means is that, due to very low yields on bonds and cash, especially with mounting inflation, owning stocks (especially those that pay solid and predictable dividends) is the only way to stay ahead of the game.</p><p><blockquote>TINA是最新进入市场词汇的首字母缩略词之一。这代表“别无选择”，这是对股市不断上涨的解释。基本上，这意味着，由于债券和现金的收益率非常低，特别是在通货膨胀加剧的情况下，持有股票（尤其是那些支付稳定且可预测股息的股票）是保持领先地位的唯一途径。</blockquote></p><p> If any one equity strategist across Wall Street has been right on the money over the past few years, it is Stifel’s head of Institutional Equity Strategy, Barry Bannister, and he is advising clients that we could be poised to have a TINA trap sell-off. We have covered his outstanding and prescient calls for years, and generally when he talks, we listen. Those who did so at the height of the sell-off in 2020 posted some massive gains.</p><p><blockquote>如果说过去几年华尔街有哪一位股票策略师是正确的，那就是Stifel的机构股票策略主管巴里·班尼斯特(Barry Bannister)，他向客户建议，我们可能会遭遇TINA陷阱抛售。多年来，我们一直在报道他杰出而有先见之明的评级，通常当他讲话时，我们会倾听。那些在2020年抛售最严重的时候这样做的人取得了一些巨大的收益。</blockquote></p><p> On March 19, 2020, just four short days before the final surge of selling and investor capitulation on March 23, Bannister and his team dropped a prediction for a relief rally that would carry the S&amp;P 500 to the 2,750 level by April 30. On March 23, the index hit an intraday low of 2,191, and it closed at 2,237.</p><p><blockquote>2020年3月19日，就在3月23日抛售和投资者投降最后激增的短短四天前，班尼斯特和他的团队放弃了对缓解性反弹的预测，该反弹将使标普500在4月30日之前升至2,750点。3月23日，该指数盘中最低触及2191点，收盘于2237点。</blockquote></p><p> We covered that incredibly bold prediction then, and while some were very skeptical of the call, Bannister made the prerequisite financial media rounds at the time giving his firm’s rationale for the prediction. In early April of 2020 as a surge of alarming news on the COVID-19 pandemic flooded the airwaves, Stifel came out and defended the call, telling clients to stand their ground. In the middle of April, as the rest of Wall Street was finally on board, Stifel raised the end-of-April target to 2,950. On April 30, in line with the laser-like call from Stifel, the S&amp;P 500 closed at 2,912 after hitting an intraday high of 2,930 and after trading to 2,950 level the day before. In late May of 2020, Stifel once again raised the price target on the S&amp;P 500 to 3,250 by August 30.</p><p><blockquote>我们当时报道了这一令人难以置信的大胆预测，虽然有些人对看涨期权非常怀疑，但班尼斯特当时在金融媒体上发表了先决条件，给出了他的公司做出这一预测的理由。2020年4月初，随着有关COVID-19大流行的令人震惊的消息充斥电视广播，Stifel站出来为看涨期权辩护，告诉客户坚持自己的立场。4月中旬，随着华尔街其他人终于加入进来，Stifel将4月底的目标上调至2,950点。4月30日，与Stifel激光般的看涨期权一致，标普500在触及2930点的盘中高点并在前一天交易至2950点后收于2912点。2020年5月下旬，Stifel再次将标普500的目标价上调至8月30日的3,250点。</blockquote></p><p> Once again, Bannister sees storm clouds on the horizon, and with good reason. Everything from stocks to gold, Treasury debt and oil and have been pushed higher. This is a result of a unique combination of the FOMO worries and the TINA mentality. In a new research report, Bannister and his team feel that a lightning-fast 10% correction could occur in the remaining months of the fourth quarter. The report noted this:</p><p><blockquote>班尼斯特又一次看到了地平线上的乌云，这是有充分理由的。从股票到黄金、国债和石油，一切都被推高。这是FOMO担忧和TINA心态独特结合的结果。在一份新的研究报告中，班尼斯特和他的团队认为，第四季度剩余几个月可能会出现闪电般的10%修正。报告指出：</blockquote></p><p>   Near-term in the fourth quarter of 2021, we note that equal-weighted cyclicals vs. defensives are very near the point at which P/E-driven S&amp;P 500 corrections occur, and we see downside equating to the S&amp;P 500 falling from 4,535 currently to ~4,000 (prior view 3,800), around a 10% correction in the fourth quarter as we see mid-cycle risks.    Our target and concerns are based on slowing global liquidity and tighter financial conditions with a gradual but unwavering Fed exit (especially after the Fed Chair is named). Sure, the Fed-inflated TINA trade “There is No Alternative” (to stocks) exists, but everyone goes into the boxing ring “with a plan” to buy-the-dip…until they get hit with a double-digit correction.    Looking out to mid-2022 through 2025, we observe that value vs. growth tracks the S&amp;P 500 divided by commodity index ratio, which soared in 2020 (favored growth stocks), fell in 2021 (favors value) and may bounce in mid-2022 (after the S&amp;P 500 corrects) favoring growth, post-dip. We also show that despite the Quantitative Easing taper the S&amp;P 500 could hit 5,200 by Jun-2022 (TINA’s last gasp?). Moreover, we see no actual bear market, which would be a 20% or more decline until fed funds is 1% (4 rate hikes), which fed funds futures indicate does not occur until 2024. </p><p><blockquote>近期在2021年第四季度，我们注意到等权重周期性股票与防御性股票非常接近市盈率驱动的标普500修正发生的点，我们认为下行相当于标普500从目前的4,535点下跌至约4,000点（之前的观点为3,800点），由于我们看到了中期周期风险，第四季度的修正约为10%。我们的目标和担忧基于全球流动性放缓和金融状况收紧，美联储将逐步但坚定不移地退出（尤其是在美联储主席任命之后）。当然，美联储膨胀的TINA交易“别无选择”（股票）是存在的，但每个人都“带着一个计划”进入拳击场，以逢低买入……直到他们受到两位数的修正。展望2022年中期至2025年，我们观察到价值与增长遵循标普500除以大宗商品指数比率，该比率在2020年飙升（青睐成长股），在2021年下跌（青睐价值股），并可能在2022年中期反弹（标普500修正后）有利于增长，下跌后。我们还表明，尽管量化宽松缩减，到2022年6月，标普500仍可能达到5,200（TINA的最后一口气？）.此外，我们没有看到真正的熊市，在联邦基金利率达到1%（加息4次）之前，熊市将下跌20%或更多，联邦基金期货表明这种情况要到2024年才会发生。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://247wallst.com/investing/2021/10/29/top-wall-street-strategist-sees-a-fast-10-q4-correction-coming/\">24/7 wall street</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://247wallst.com/investing/2021/10/29/top-wall-street-strategist-sees-a-fast-10-q4-correction-coming/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130019043","content_text":"A plethora of acronyms are used in the financial world for a wide variety of items. Most investors are well aware of the FAANG stocks, which are the massive tech monsters that rule the market. In addition, one of the acronyms used to describe the constant rise in the stock markets, especially when the “buy the dip” crowd takes control after sizable selling, is FOMO, or fear of missing out.\nOne of the very newest acronyms to hit the market speak lexicon is TINA. That stands for “there is no alternative,” which is an explanation for the constant ascent of the stock market. Basically what it means is that, due to very low yields on bonds and cash, especially with mounting inflation, owning stocks (especially those that pay solid and predictable dividends) is the only way to stay ahead of the game.\nIf any one equity strategist across Wall Street has been right on the money over the past few years, it is Stifel’s head of Institutional Equity Strategy, Barry Bannister, and he is advising clients that we could be poised to have a TINA trap sell-off. We have covered his outstanding and prescient calls for years, and generally when he talks, we listen. Those who did so at the height of the sell-off in 2020 posted some massive gains.\nOn March 19, 2020, just four short days before the final surge of selling and investor capitulation on March 23, Bannister and his team dropped a prediction for a relief rally that would carry the S&P 500 to the 2,750 level by April 30. On March 23, the index hit an intraday low of 2,191, and it closed at 2,237.\nWe covered that incredibly bold prediction then, and while some were very skeptical of the call, Bannister made the prerequisite financial media rounds at the time giving his firm’s rationale for the prediction. In early April of 2020 as a surge of alarming news on the COVID-19 pandemic flooded the airwaves, Stifel came out and defended the call, telling clients to stand their ground. In the middle of April, as the rest of Wall Street was finally on board, Stifel raised the end-of-April target to 2,950. On April 30, in line with the laser-like call from Stifel, the S&P 500 closed at 2,912 after hitting an intraday high of 2,930 and after trading to 2,950 level the day before. In late May of 2020, Stifel once again raised the price target on the S&P 500 to 3,250 by August 30.\nOnce again, Bannister sees storm clouds on the horizon, and with good reason. Everything from stocks to gold, Treasury debt and oil and have been pushed higher. This is a result of a unique combination of the FOMO worries and the TINA mentality. In a new research report, Bannister and his team feel that a lightning-fast 10% correction could occur in the remaining months of the fourth quarter. The report noted this:\n\n Near-term in the fourth quarter of 2021, we note that equal-weighted cyclicals vs. defensives are very near the point at which P/E-driven S&P 500 corrections occur, and we see downside equating to the S&P 500 falling from 4,535 currently to ~4,000 (prior view 3,800), around a 10% correction in the fourth quarter as we see mid-cycle risks.\n\n\n Our target and concerns are based on slowing global liquidity and tighter financial conditions with a gradual but unwavering Fed exit (especially after the Fed Chair is named). Sure, the Fed-inflated TINA trade “There is No Alternative” (to stocks) exists, but everyone goes into the boxing ring “with a plan” to buy-the-dip…until they get hit with a double-digit correction.\n\n\n Looking out to mid-2022 through 2025, we observe that value vs. growth tracks the S&P 500 divided by commodity index ratio, which soared in 2020 (favored growth stocks), fell in 2021 (favors value) and may bounce in mid-2022 (after the S&P 500 corrects) favoring growth, post-dip. We also show that despite the Quantitative Easing taper the S&P 500 could hit 5,200 by Jun-2022 (TINA’s last gasp?). Moreover, we see no actual bear market, which would be a 20% or more decline until fed funds is 1% (4 rate hikes), which fed funds futures indicate does not occur until 2024.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":857503208,"gmtCreate":1635544588338,"gmtModify":1635544588338,"author":{"id":"3578041826521141","authorId":"3578041826521141","name":"CgYeo","avatar":"https://static.tigerbbs.com/10ccfe7dee0a0583bc64e41abb216a9b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578041826521141","authorIdStr":"3578041826521141"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SBUX\">$Starbucks(SBUX)$</a>[得意]&nbsp;[得意]&nbsp;[得意]&nbsp;[得意]&nbsp;","listText":"<a href=\"https://laohu8.com/S/SBUX\">$Starbucks(SBUX)$</a>[得意]&nbsp;[得意]&nbsp;[得意]&nbsp;[得意]&nbsp;","text":"$Starbucks(SBUX)$[得意] [得意] [得意] [得意]","images":[{"img":"https://static.tigerbbs.com/716cd30075ba517dc120effe962333fc","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/857503208","isVote":1,"tweetType":1,"viewCount":1698,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":854649589,"gmtCreate":1635457646983,"gmtModify":1635457830615,"author":{"id":"3578041826521141","authorId":"3578041826521141","name":"CgYeo","avatar":"https://static.tigerbbs.com/10ccfe7dee0a0583bc64e41abb216a9b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578041826521141","authorIdStr":"3578041826521141"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DCCW.SI\">$Xiaomi 5xShortSG220705(DCCW.SI)$</a>[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;","listText":"<a href=\"https://laohu8.com/S/DCCW.SI\">$Xiaomi 5xShortSG220705(DCCW.SI)$</a>[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;","text":"$Xiaomi 5xShortSG220705(DCCW.SI)$[微笑] [微笑] [微笑] [微笑]","images":[{"img":"https://static.tigerbbs.com/33f6df2bde465e7c063ecf456c9de5f0","width":"1080","height":"2393"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854649589","isVote":1,"tweetType":1,"viewCount":883,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":855632734,"gmtCreate":1635371679109,"gmtModify":1635377286609,"author":{"id":"3578041826521141","authorId":"3578041826521141","name":"CgYeo","avatar":"https://static.tigerbbs.com/10ccfe7dee0a0583bc64e41abb216a9b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578041826521141","authorIdStr":"3578041826521141"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855632734","repostId":"811066992","repostType":1,"repost":{"id":811066992,"gmtCreate":1630278892616,"gmtModify":1704957599111,"author":{"id":"3528067440798020","authorId":"3528067440798020","name":"YOLO道","avatar":"https://static.tigerbbs.com/6e9ffc9ce8bdc6bbdf0601cfe562d658","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3528067440798020","authorIdStr":"3528067440798020"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/BB\">$黑莓(BB)$</a>由于WSB股票卷土重来，黑莓又开始有一些小动作了。那么这种势头会持续下去，还是说只是昙花一现？从好的方面看，黑莓目前回到了所有主要移动平均线之上。只要情况不变，就很难看跌。如果股价进入12美元至12.15美元区域，那么突破到15美元的可能性更大。如果黑莓跌破200天移动平均线，那么下一个目标将是9.30美元至9.50美元区域。","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/BB\">$黑莓(BB)$</a>由于WSB股票卷土重来，黑莓又开始有一些小动作了。那么这种势头会持续下去，还是说只是昙花一现？从好的方面看，黑莓目前回到了所有主要移动平均线之上。只要情况不变，就很难看跌。如果股价进入12美元至12.15美元区域，那么突破到15美元的可能性更大。如果黑莓跌破200天移动平均线，那么下一个目标将是9.30美元至9.50美元区域。","text":"$黑莓(BB)$由于WSB股票卷土重来，黑莓又开始有一些小动作了。那么这种势头会持续下去，还是说只是昙花一现？从好的方面看，黑莓目前回到了所有主要移动平均线之上。只要情况不变，就很难看跌。如果股价进入12美元至12.15美元区域，那么突破到15美元的可能性更大。如果黑莓跌破200天移动平均线，那么下一个目标将是9.30美元至9.50美元区域。","images":[{"img":"https://static.tigerbbs.com/4833bd22f5da037e149fdd011ad9c311","width":"1017","height":"675"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/811066992","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":852764107,"gmtCreate":1635304432658,"gmtModify":1635304432658,"author":{"id":"3578041826521141","authorId":"3578041826521141","name":"CgYeo","avatar":"https://static.tigerbbs.com/10ccfe7dee0a0583bc64e41abb216a9b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578041826521141","authorIdStr":"3578041826521141"},"themes":[],"htmlText":"[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;","listText":"[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;","text":"[微笑] [微笑] [微笑] [微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/852764107","repostId":"853649086","repostType":1,"repost":{"id":853649086,"gmtCreate":1634805527891,"gmtModify":1634807096256,"author":{"id":"3571203350393745","authorId":"3571203350393745","name":"读懂港美股","avatar":"https://static.tigerbbs.com/4fd812dbaabe40f56b43f27c610cc4bf","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571203350393745","authorIdStr":"3571203350393745"},"themes":[],"title":"A股和港股的分红到底有什么不同？看它就够了！","htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/600519\">$贵州茅台(600519)$</a>&nbsp;<a target=\"_blank\" href=\"https://laohu8.com/S/09988\">$阿里巴巴-SW(09988)$</a>&nbsp;<a target=\"_blank\" href=\"https://laohu8.com/S/00700\">$腾讯控股(00700)$</a>&nbsp;在昨天的<a href=\"https://laohu8.com/TW/859425602\" target=\"_blank\">《A股的照妖镜！》</a>中，晓艺给大家简单讲了讲AH溢价，感兴趣的朋友们可以回看一下。在以后的文章里面也会更深入的对AH溢价、套利等进行讲解和分析，大家可以持续关注一下。今天呢，我们就先主要针对做长线的价值投资者往往会关注的一点来写，那就是分红。有人会说：“什么？分红？！分红都是骗人的！分红之后前后资金并没有变化，还得被扣税，有什么意义？”可是分红就真的没有意义吗？或许不能一概而论。首先呢，我们来思考一个问题——为什么要投资？ 因为要获取收益对不对。现金分红就是一个投资股票重要的收益渠道。那么，我们再来思考，拿分红的意义是什么呢？第一个就是可以实实在在把钱放在了口袋里，没有什么比把钱拿在手上更让人安心的了。或许短期来看，分红对资产的变化并没有产生什么影响；但是长期来看，产生复利效应会带来非常可观的收益。所以我说价值投资者往往会关注这一点。第二个就是扫雷。这个怎么讲呢？通过现金分红，不仅可以看到公司到底给股东带来了多少实际收益，还能了解这个公司的财政状况怎么样。举个例子来说，如果同行业里面，大部分公司都在发现金分红，就小部分公司不发，那就说明这一小部分公司或许有一定的财政问题，我们就可以把它们给","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/600519\">$贵州茅台(600519)$</a>&nbsp;<a target=\"_blank\" href=\"https://laohu8.com/S/09988\">$阿里巴巴-SW(09988)$</a>&nbsp;<a target=\"_blank\" href=\"https://laohu8.com/S/00700\">$腾讯控股(00700)$</a>&nbsp;在昨天的<a href=\"https://laohu8.com/TW/859425602\" target=\"_blank\">《A股的照妖镜！》</a>中，晓艺给大家简单讲了讲AH溢价，感兴趣的朋友们可以回看一下。在以后的文章里面也会更深入的对AH溢价、套利等进行讲解和分析，大家可以持续关注一下。今天呢，我们就先主要针对做长线的价值投资者往往会关注的一点来写，那就是分红。有人会说：“什么？分红？！分红都是骗人的！分红之后前后资金并没有变化，还得被扣税，有什么意义？”可是分红就真的没有意义吗？或许不能一概而论。首先呢，我们来思考一个问题——为什么要投资？ 因为要获取收益对不对。现金分红就是一个投资股票重要的收益渠道。那么，我们再来思考，拿分红的意义是什么呢？第一个就是可以实实在在把钱放在了口袋里，没有什么比把钱拿在手上更让人安心的了。或许短期来看，分红对资产的变化并没有产生什么影响；但是长期来看，产生复利效应会带来非常可观的收益。所以我说价值投资者往往会关注这一点。第二个就是扫雷。这个怎么讲呢？通过现金分红，不仅可以看到公司到底给股东带来了多少实际收益，还能了解这个公司的财政状况怎么样。举个例子来说，如果同行业里面，大部分公司都在发现金分红，就小部分公司不发，那就说明这一小部分公司或许有一定的财政问题，我们就可以把它们给","text":"$贵州茅台(600519)$ $阿里巴巴-SW(09988)$ $腾讯控股(00700)$ 在昨天的《A股的照妖镜！》中，晓艺给大家简单讲了讲AH溢价，感兴趣的朋友们可以回看一下。在以后的文章里面也会更深入的对AH溢价、套利等进行讲解和分析，大家可以持续关注一下。今天呢，我们就先主要针对做长线的价值投资者往往会关注的一点来写，那就是分红。有人会说：“什么？分红？！分红都是骗人的！分红之后前后资金并没有变化，还得被扣税，有什么意义？”可是分红就真的没有意义吗？或许不能一概而论。首先呢，我们来思考一个问题——为什么要投资？ 因为要获取收益对不对。现金分红就是一个投资股票重要的收益渠道。那么，我们再来思考，拿分红的意义是什么呢？第一个就是可以实实在在把钱放在了口袋里，没有什么比把钱拿在手上更让人安心的了。或许短期来看，分红对资产的变化并没有产生什么影响；但是长期来看，产生复利效应会带来非常可观的收益。所以我说价值投资者往往会关注这一点。第二个就是扫雷。这个怎么讲呢？通过现金分红，不仅可以看到公司到底给股东带来了多少实际收益，还能了解这个公司的财政状况怎么样。举个例子来说，如果同行业里面，大部分公司都在发现金分红，就小部分公司不发，那就说明这一小部分公司或许有一定的财政问题，我们就可以把它们给","images":[{"img":"https://static.tigerbbs.com/35f8fccc48ed18602c0e1c403b1333c0","width":"688","height":"499"},{"img":"https://static.tigerbbs.com/86761571a533632475b539a2834028f3","width":"688","height":"654"},{"img":"https://static.tigerbbs.com/0cc3c9dbd34ae5251a6aeaa625051464","width":"688","height":"65"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/853649086","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":5,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1461,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":858497187,"gmtCreate":1635112346608,"gmtModify":1635112346723,"author":{"id":"3578041826521141","authorId":"3578041826521141","name":"CgYeo","avatar":"https://static.tigerbbs.com/10ccfe7dee0a0583bc64e41abb216a9b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578041826521141","authorIdStr":"3578041826521141"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SBUX\">$Starbucks(SBUX)$</a>[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;","listText":"<a href=\"https://laohu8.com/S/SBUX\">$Starbucks(SBUX)$</a>[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;","text":"$Starbucks(SBUX)$[微笑] [微笑] [微笑]","images":[{"img":"https://static.tigerbbs.com/863eb6cf352f8b9b52a5a35ea0fad203","width":"1080","height":"2528"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/858497187","isVote":1,"tweetType":1,"viewCount":204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":858884203,"gmtCreate":1635036400811,"gmtModify":1635036400932,"author":{"id":"3578041826521141","authorId":"3578041826521141","name":"CgYeo","avatar":"https://static.tigerbbs.com/10ccfe7dee0a0583bc64e41abb216a9b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578041826521141","authorIdStr":"3578041826521141"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ZEPP\">$Zepp Health Corporation(ZEPP)$</a>[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;","listText":"<a href=\"https://laohu8.com/S/ZEPP\">$Zepp Health Corporation(ZEPP)$</a>[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;","text":"$Zepp Health Corporation(ZEPP)$[微笑] [微笑] [微笑] [微笑]","images":[{"img":"https://static.tigerbbs.com/f04158a05f71d52476784670fe37e0f8","width":"1080","height":"2528"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/858884203","isVote":1,"tweetType":1,"viewCount":309,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":851745040,"gmtCreate":1634948705615,"gmtModify":1634948705750,"author":{"id":"3578041826521141","authorId":"3578041826521141","name":"CgYeo","avatar":"https://static.tigerbbs.com/10ccfe7dee0a0583bc64e41abb216a9b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578041826521141","authorIdStr":"3578041826521141"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/851745040","repostId":"859442824","repostType":1,"repost":{"id":859442824,"gmtCreate":1634727529775,"gmtModify":1744802181716,"author":{"id":"3520120256277227","authorId":"3520120256277227","name":"雷递","avatar":"https://static.tigerbbs.com/c1d76d196de1b078825d97644631d0f1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3520120256277227","authorIdStr":"3520120256277227"},"themes":[],"title":"沃尔沃拟欧洲上市：估值超200亿美元 吉利将获巨额回报","htmlText":"雷递网 雷建平 10月20日报道沃尔沃汽车日前递交招股书，准备在纳斯达克斯德哥尔摩交易所IPO，筹资250亿瑞典克朗（约184亿元或29亿美元）。沃尔沃的发行区间为53至68瑞典克朗，可能对沃尔沃的估值达到230亿美元，这距离吉利以18亿美元从福特汽车手上买下沃尔沃已经过去11年时间。沃尔沃预计2021年10月28日在斯德哥尔摩开始交易，此次沃尔沃上市，将成为欧洲自2021年1月以来规模最大的IPO。为吉利海外收购经典之作世界第一辆沃尔沃汽车1927年在瑞典诞生，1999年，福特汽车花64.5亿美元买下沃尔沃轿车，沃尔沃轿车成为福特汽车的全资子公司和小品牌。2000年初，福特汽车日益受累于品牌太多，决定丢车保帅，出售沃尔沃。当时，李书福第一辆汽车才下线4年，但以18亿美元收购沃尔沃100%股份和相关资产，曾在汽车行业轰动一时，甚至被称为是“蛇吞象”。吉利创始人李书福的这次非常成功的豪赌，给吉利带回来了巨额回报。此后，吉利和沃尔沃在瑞典哥德堡建立联合研发中心（CEVT），开启向海外扩张的步伐。吉利还结合沃尔沃的技术底蕴与吉利对市场的感知，推出了领克，这也是吉利进军高端汽车市场的尝试。李书福曾说，“沃尔沃的技术让吉利造车入了门。”市值将低于蔚来小鹏理想如今，沃尔沃取得了稳步发展。财报显示，沃尔沃2020年营收达2628亿瑞典克朗（约2033亿元），营业利润达85亿瑞典克朗（约65.8亿）。沃尔沃2021年上半年营收为1411亿瑞典克朗（约1034.82亿元），较2020年同期上涨26.3%；息税前利润为132.4亿瑞典克朗（约98.78亿元）。随着此次沃尔沃上市，沃尔沃将拥有更多资金，而吉利依然处于控股地位。IPO前，吉利拥有沃尔沃97.8%的股权，及99.8%的投票权；IPO后，吉利拥有沃尔沃78.4%的股权，及96.7%的投票权。为了筹备此次上市，沃尔沃也动作频频。2021","listText":"雷递网 雷建平 10月20日报道沃尔沃汽车日前递交招股书，准备在纳斯达克斯德哥尔摩交易所IPO，筹资250亿瑞典克朗（约184亿元或29亿美元）。沃尔沃的发行区间为53至68瑞典克朗，可能对沃尔沃的估值达到230亿美元，这距离吉利以18亿美元从福特汽车手上买下沃尔沃已经过去11年时间。沃尔沃预计2021年10月28日在斯德哥尔摩开始交易，此次沃尔沃上市，将成为欧洲自2021年1月以来规模最大的IPO。为吉利海外收购经典之作世界第一辆沃尔沃汽车1927年在瑞典诞生，1999年，福特汽车花64.5亿美元买下沃尔沃轿车，沃尔沃轿车成为福特汽车的全资子公司和小品牌。2000年初，福特汽车日益受累于品牌太多，决定丢车保帅，出售沃尔沃。当时，李书福第一辆汽车才下线4年，但以18亿美元收购沃尔沃100%股份和相关资产，曾在汽车行业轰动一时，甚至被称为是“蛇吞象”。吉利创始人李书福的这次非常成功的豪赌，给吉利带回来了巨额回报。此后，吉利和沃尔沃在瑞典哥德堡建立联合研发中心（CEVT），开启向海外扩张的步伐。吉利还结合沃尔沃的技术底蕴与吉利对市场的感知，推出了领克，这也是吉利进军高端汽车市场的尝试。李书福曾说，“沃尔沃的技术让吉利造车入了门。”市值将低于蔚来小鹏理想如今，沃尔沃取得了稳步发展。财报显示，沃尔沃2020年营收达2628亿瑞典克朗（约2033亿元），营业利润达85亿瑞典克朗（约65.8亿）。沃尔沃2021年上半年营收为1411亿瑞典克朗（约1034.82亿元），较2020年同期上涨26.3%；息税前利润为132.4亿瑞典克朗（约98.78亿元）。随着此次沃尔沃上市，沃尔沃将拥有更多资金，而吉利依然处于控股地位。IPO前，吉利拥有沃尔沃97.8%的股权，及99.8%的投票权；IPO后，吉利拥有沃尔沃78.4%的股权，及96.7%的投票权。为了筹备此次上市，沃尔沃也动作频频。2021","text":"雷递网 雷建平 10月20日报道沃尔沃汽车日前递交招股书，准备在纳斯达克斯德哥尔摩交易所IPO，筹资250亿瑞典克朗（约184亿元或29亿美元）。沃尔沃的发行区间为53至68瑞典克朗，可能对沃尔沃的估值达到230亿美元，这距离吉利以18亿美元从福特汽车手上买下沃尔沃已经过去11年时间。沃尔沃预计2021年10月28日在斯德哥尔摩开始交易，此次沃尔沃上市，将成为欧洲自2021年1月以来规模最大的IPO。为吉利海外收购经典之作世界第一辆沃尔沃汽车1927年在瑞典诞生，1999年，福特汽车花64.5亿美元买下沃尔沃轿车，沃尔沃轿车成为福特汽车的全资子公司和小品牌。2000年初，福特汽车日益受累于品牌太多，决定丢车保帅，出售沃尔沃。当时，李书福第一辆汽车才下线4年，但以18亿美元收购沃尔沃100%股份和相关资产，曾在汽车行业轰动一时，甚至被称为是“蛇吞象”。吉利创始人李书福的这次非常成功的豪赌，给吉利带回来了巨额回报。此后，吉利和沃尔沃在瑞典哥德堡建立联合研发中心（CEVT），开启向海外扩张的步伐。吉利还结合沃尔沃的技术底蕴与吉利对市场的感知，推出了领克，这也是吉利进军高端汽车市场的尝试。李书福曾说，“沃尔沃的技术让吉利造车入了门。”市值将低于蔚来小鹏理想如今，沃尔沃取得了稳步发展。财报显示，沃尔沃2020年营收达2628亿瑞典克朗（约2033亿元），营业利润达85亿瑞典克朗（约65.8亿）。沃尔沃2021年上半年营收为1411亿瑞典克朗（约1034.82亿元），较2020年同期上涨26.3%；息税前利润为132.4亿瑞典克朗（约98.78亿元）。随着此次沃尔沃上市，沃尔沃将拥有更多资金，而吉利依然处于控股地位。IPO前，吉利拥有沃尔沃97.8%的股权，及99.8%的投票权；IPO后，吉利拥有沃尔沃78.4%的股权，及96.7%的投票权。为了筹备此次上市，沃尔沃也动作频频。2021","images":[{"img":"https://static.tigerbbs.com/8e3bdc79de9678d81b4669029ae235f0"},{"img":"https://static.tigerbbs.com/f478e15a18b3b899fac89a962fbbd31d"},{"img":"https://static.tigerbbs.com/6e8ddd6dc463f3c2a6e7683ad4ea76bd"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/859442824","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":1,"comments":[],"imageCount":8,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":859123567,"gmtCreate":1634680866283,"gmtModify":1634680866369,"author":{"id":"3578041826521141","authorId":"3578041826521141","name":"CgYeo","avatar":"https://static.tigerbbs.com/10ccfe7dee0a0583bc64e41abb216a9b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578041826521141","authorIdStr":"3578041826521141"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/859123567","repostId":"850305338","repostType":1,"repost":{"id":850305338,"gmtCreate":1634551122282,"gmtModify":1635424158079,"author":{"id":"4092209177497620","authorId":"4092209177497620","name":"美股研习社","avatar":"https://static.tigerbbs.com/504f9801d521d1863fa1d263ff8ea79d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4092209177497620","authorIdStr":"4092209177497620"},"themes":[],"title":"缺芯之下，全球第三大晶圆代工厂格罗方德IPO闪亮登场","htmlText":"作者：昨辰 摘要：21H1毛利转正、净利亏损大幅缩窄，GF盈利在望？ 核心看点： 1、从半导体规模化制造能力来看，格罗方德是营收仅次于台积电和三星的全球第三大晶圆代工厂商，20年晶圆出货量超200w片； 2、过度依赖少数客户和单一供应商，公司营收会受客户的需求影响而出现显著变动，对上游单一原材料供应商的依赖程度高，议价能力相对较弱； 3、源于AMD、Chartered半导体和 IBM的根基，GF拥有强大的研发创新能力，且已与相关半导体设备公司签订了 20 多项长期供应协议，内含终身收入承诺总额超195亿美元； 4、宏观环境风险与供应安全日益重要，作为全球唯一一家不在中国大陆或台湾设厂而着眼全球布局的晶圆代工厂，GF有助于帮助客户缓解宏观环境风险； 5、得益于GF战略重点转移至差异化技术的发展，GF产品的ASP远高于联电与中芯国际； 6、中国对半导体制造产能扩张的大力支持，再加上中国国产化替代所带来的进口需求减弱等诸多因素，将大大增加GF在全球面临的竞争，限制GF等其他全球供应商在中国的市场份额，可能导致GF晶圆厂利用率不足或ASP大幅下降； 7、受业务剥离影响，近三年营收呈下降趋势，21H1营收同比转增，全年有望扭转营收下滑之势，而由于聚焦发展差异化技术，公司利润率有所改善：21H1毛利率转正，净利亏损大幅缩窄； 8、半导体市场空间广阔且增速惊人，预计在未来8-10年内，半导体行业的总收入将翻一番； 9、尽管与台积电在工艺制程和产能规模方面相差甚远，且尚未摆脱行业盈利难的魔咒，但GF有望通过扩产实现规模的扩张，推动营收扭亏为盈，有关英特尔或其他方有意收购GF的传言也可能推升其估值。 格罗方德（GlobalFoundries，下称“GF/格罗方德/公司/格芯”）是营收仅次于台积电和三星的全球第三大晶圆代工厂商。公司于2009年由AMD与穆巴达拉（Mubadala）联合投资成立","listText":"作者：昨辰 摘要：21H1毛利转正、净利亏损大幅缩窄，GF盈利在望？ 核心看点： 1、从半导体规模化制造能力来看，格罗方德是营收仅次于台积电和三星的全球第三大晶圆代工厂商，20年晶圆出货量超200w片； 2、过度依赖少数客户和单一供应商，公司营收会受客户的需求影响而出现显著变动，对上游单一原材料供应商的依赖程度高，议价能力相对较弱； 3、源于AMD、Chartered半导体和 IBM的根基，GF拥有强大的研发创新能力，且已与相关半导体设备公司签订了 20 多项长期供应协议，内含终身收入承诺总额超195亿美元； 4、宏观环境风险与供应安全日益重要，作为全球唯一一家不在中国大陆或台湾设厂而着眼全球布局的晶圆代工厂，GF有助于帮助客户缓解宏观环境风险； 5、得益于GF战略重点转移至差异化技术的发展，GF产品的ASP远高于联电与中芯国际； 6、中国对半导体制造产能扩张的大力支持，再加上中国国产化替代所带来的进口需求减弱等诸多因素，将大大增加GF在全球面临的竞争，限制GF等其他全球供应商在中国的市场份额，可能导致GF晶圆厂利用率不足或ASP大幅下降； 7、受业务剥离影响，近三年营收呈下降趋势，21H1营收同比转增，全年有望扭转营收下滑之势，而由于聚焦发展差异化技术，公司利润率有所改善：21H1毛利率转正，净利亏损大幅缩窄； 8、半导体市场空间广阔且增速惊人，预计在未来8-10年内，半导体行业的总收入将翻一番； 9、尽管与台积电在工艺制程和产能规模方面相差甚远，且尚未摆脱行业盈利难的魔咒，但GF有望通过扩产实现规模的扩张，推动营收扭亏为盈，有关英特尔或其他方有意收购GF的传言也可能推升其估值。 格罗方德（GlobalFoundries，下称“GF/格罗方德/公司/格芯”）是营收仅次于台积电和三星的全球第三大晶圆代工厂商。公司于2009年由AMD与穆巴达拉（Mubadala）联合投资成立","text":"作者：昨辰 摘要：21H1毛利转正、净利亏损大幅缩窄，GF盈利在望？ 核心看点： 1、从半导体规模化制造能力来看，格罗方德是营收仅次于台积电和三星的全球第三大晶圆代工厂商，20年晶圆出货量超200w片； 2、过度依赖少数客户和单一供应商，公司营收会受客户的需求影响而出现显著变动，对上游单一原材料供应商的依赖程度高，议价能力相对较弱； 3、源于AMD、Chartered半导体和 IBM的根基，GF拥有强大的研发创新能力，且已与相关半导体设备公司签订了 20 多项长期供应协议，内含终身收入承诺总额超195亿美元； 4、宏观环境风险与供应安全日益重要，作为全球唯一一家不在中国大陆或台湾设厂而着眼全球布局的晶圆代工厂，GF有助于帮助客户缓解宏观环境风险； 5、得益于GF战略重点转移至差异化技术的发展，GF产品的ASP远高于联电与中芯国际； 6、中国对半导体制造产能扩张的大力支持，再加上中国国产化替代所带来的进口需求减弱等诸多因素，将大大增加GF在全球面临的竞争，限制GF等其他全球供应商在中国的市场份额，可能导致GF晶圆厂利用率不足或ASP大幅下降； 7、受业务剥离影响，近三年营收呈下降趋势，21H1营收同比转增，全年有望扭转营收下滑之势，而由于聚焦发展差异化技术，公司利润率有所改善：21H1毛利率转正，净利亏损大幅缩窄； 8、半导体市场空间广阔且增速惊人，预计在未来8-10年内，半导体行业的总收入将翻一番； 9、尽管与台积电在工艺制程和产能规模方面相差甚远，且尚未摆脱行业盈利难的魔咒，但GF有望通过扩产实现规模的扩张，推动营收扭亏为盈，有关英特尔或其他方有意收购GF的传言也可能推升其估值。 格罗方德（GlobalFoundries，下称“GF/格罗方德/公司/格芯”）是营收仅次于台积电和三星的全球第三大晶圆代工厂商。公司于2009年由AMD与穆巴达拉（Mubadala）联合投资成立","images":[{"img":"https://static.tigerbbs.com/5c4353b7d9a03c2b6e1592bd9b44c6ea","width":"629","height":"417"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850305338","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":10,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":257,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":822400266,"gmtCreate":1634162223106,"gmtModify":1634162223106,"author":{"id":"3578041826521141","authorId":"3578041826521141","name":"CgYeo","avatar":"https://static.tigerbbs.com/10ccfe7dee0a0583bc64e41abb216a9b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578041826521141","authorIdStr":"3578041826521141"},"themes":[],"htmlText":"<a 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[微笑] [微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/873889546","repostId":"879433497","repostType":1,"repost":{"id":879433497,"gmtCreate":1636761519832,"gmtModify":1636846148835,"author":{"id":"3563873670221480","authorId":"3563873670221480","name":"我i168","avatar":"https://static.tigerbbs.com/34b2d0551b5ab028c13ab35747c4df8c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3563873670221480","idStr":"3563873670221480"},"themes":[],"title":"My SGX stock watchlist","htmlText":"It’s been an exciting week, isn’t it?The star of the week is no doubt&nbsp;<a href=\"https://laohu8.com/S/AWX.SI\">$AEM HOLDINGS LTD(AWX.SI)$</a>...a hugerise after 3Q earnings report, raising 4Q revenue target and&nbsp;pointing to a&nbsp;promising 2022 and beyond. In a bigger picture, semicon related counters in US and here all had a good run-up. More to come for AEM, certainly!My other favourite come-back kid is <a href=\"https://laohu8.com/S/QC7.SI\">$Q &amp; M DENTAL GROUP (S) LIMITED(QC7.SI)$</a>. Good earnings report and company share buyback, double booster jabs,&nbsp;have resumed the up-trend of its share price,&nbsp;after the fall caused by reduced PCR tests. More to come.A couple of counters that have good potential in coming week(s):A) <a href=\"https://laohu8.com/S/MZH.SI\">$Nanofilm</a>","listText":"It’s been an exciting week, isn’t it?The star of the week is no doubt&nbsp;<a href=\"https://laohu8.com/S/AWX.SI\">$AEM HOLDINGS LTD(AWX.SI)$</a>...a hugerise after 3Q earnings report, raising 4Q revenue target and&nbsp;pointing to a&nbsp;promising 2022 and beyond. In a bigger picture, semicon related counters in US and here all had a good run-up. More to come for AEM, certainly!My other favourite come-back kid is <a href=\"https://laohu8.com/S/QC7.SI\">$Q &amp; M DENTAL GROUP (S) LIMITED(QC7.SI)$</a>. Good earnings report and company share buyback, double booster jabs,&nbsp;have resumed the up-trend of its share price,&nbsp;after the fall caused by reduced PCR tests. More to come.A couple of counters that have good potential in coming week(s):A) <a href=\"https://laohu8.com/S/MZH.SI\">$Nanofilm</a>","text":"It’s been an exciting week, isn’t it?The star of the week is no doubt $AEM HOLDINGS LTD(AWX.SI)$...a hugerise after 3Q earnings report, raising 4Q revenue target and pointing to a promising 2022 and beyond. In a bigger picture, semicon related counters in US and here all had a good run-up. More to come for AEM, certainly!My other favourite come-back kid is $Q & M DENTAL GROUP (S) LIMITED(QC7.SI)$. Good earnings report and company share buyback, double booster jabs, have resumed the up-trend of its share price, after the fall caused by reduced PCR tests. More to come.A couple of counters that have good potential in coming week(s):A) $Nanofilm","images":[],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879433497","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1624,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":870968755,"gmtCreate":1636580776593,"gmtModify":1636580776593,"author":{"id":"3578041826521141","authorId":"3578041826521141","name":"CgYeo","avatar":"https://static.tigerbbs.com/10ccfe7dee0a0583bc64e41abb216a9b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578041826521141","idStr":"3578041826521141"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/870968755","repostId":"847618870","repostType":1,"repost":{"id":847618870,"gmtCreate":1636512561286,"gmtModify":1636513809202,"author":{"id":"3527667596890271","authorId":"3527667596890271","name":"Buy_Sell","avatar":"https://static.tigerbbs.com/a5f0ed79a338c758a22e0b4ea13bf9d2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3527667596890271","idStr":"3527667596890271"},"themes":[],"title":"🚀【11月10日】三大指数集体收跌，特斯拉闪崩，今天买点啥","htmlText":"聊聊今日份的交易想法，包括对于大盘走势后续的看法？看涨/看跌哪只股票、晒晒单等等。 港股市场 11月10日，恒生指数开盘下跌25.69点，跌幅0.1%，报24787.44点；国企指数开盘下跌3.07点，跌幅0.03%，报8802.95点；红筹指数开盘上涨8.83点，涨幅0.24%，报3747.12点。 恒生科技指数跌0.21%，大型科技股涨跌不一，<a target=\"_blank\" href=\"https://laohu8.com/S/00700\">$腾讯控股(00700)$</a> 涨超1%，将于今日公布业绩；<a target=\"_blank\" href=\"https://laohu8.com/S/09988\">$阿里巴巴-SW(09988)$</a> 、<a target=\"_blank\" href=\"https://laohu8.com/S/09618\">$京东集团-SW(09618)$</a> 小幅高开，<a target=\"_blank\" href=\"https://laohu8.com/S/09999\">$网易-S(09999)$</a> 跌1.2%，<a target=\"_blank\" href=\"https://laohu8.com/S/01024\">$快手-W(01024)$</a> 跌近1%； 港股汽车股普遍低开，<a target=\"_blank\" href=\"https://laohu8.com/S/02015\">$理想汽车-W(02015)$</a> 跌5.7%，<a target=\"_blank\" href=\"https://laohu8.com/S/09868\">$小鹏汽车-W(09868)$</a> 跌5.1%，<a target=\"_blank\" href=\"https://laohu8.com/S/02333\">$长城汽车(02333</a>","listText":"聊聊今日份的交易想法，包括对于大盘走势后续的看法？看涨/看跌哪只股票、晒晒单等等。 港股市场 11月10日，恒生指数开盘下跌25.69点，跌幅0.1%，报24787.44点；国企指数开盘下跌3.07点，跌幅0.03%，报8802.95点；红筹指数开盘上涨8.83点，涨幅0.24%，报3747.12点。 恒生科技指数跌0.21%，大型科技股涨跌不一，<a target=\"_blank\" href=\"https://laohu8.com/S/00700\">$腾讯控股(00700)$</a> 涨超1%，将于今日公布业绩；<a target=\"_blank\" href=\"https://laohu8.com/S/09988\">$阿里巴巴-SW(09988)$</a> 、<a target=\"_blank\" href=\"https://laohu8.com/S/09618\">$京东集团-SW(09618)$</a> 小幅高开，<a target=\"_blank\" href=\"https://laohu8.com/S/09999\">$网易-S(09999)$</a> 跌1.2%，<a target=\"_blank\" href=\"https://laohu8.com/S/01024\">$快手-W(01024)$</a> 跌近1%； 港股汽车股普遍低开，<a target=\"_blank\" href=\"https://laohu8.com/S/02015\">$理想汽车-W(02015)$</a> 跌5.7%，<a target=\"_blank\" href=\"https://laohu8.com/S/09868\">$小鹏汽车-W(09868)$</a> 跌5.1%，<a target=\"_blank\" href=\"https://laohu8.com/S/02333\">$长城汽车(02333</a>","text":"聊聊今日份的交易想法，包括对于大盘走势后续的看法？看涨/看跌哪只股票、晒晒单等等。 港股市场 11月10日，恒生指数开盘下跌25.69点，跌幅0.1%，报24787.44点；国企指数开盘下跌3.07点，跌幅0.03%，报8802.95点；红筹指数开盘上涨8.83点，涨幅0.24%，报3747.12点。 恒生科技指数跌0.21%，大型科技股涨跌不一，$腾讯控股(00700)$ 涨超1%，将于今日公布业绩；$阿里巴巴-SW(09988)$ 、$京东集团-SW(09618)$ 小幅高开，$网易-S(09999)$ 跌1.2%，$快手-W(01024)$ 跌近1%； 港股汽车股普遍低开，$理想汽车-W(02015)$ 跌5.7%，$小鹏汽车-W(09868)$ 跌5.1%，$长城汽车(02333","images":[{"img":"https://static.tigerbbs.com/6b3ecab19c8b50a5dc2ffb1a138806bf","width":"200","height":"200"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847618870","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"subType":2,"comments":[],"imageCount":2,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":733,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":849495931,"gmtCreate":1635772060175,"gmtModify":1635772060175,"author":{"id":"3578041826521141","authorId":"3578041826521141","name":"CgYeo","avatar":"https://static.tigerbbs.com/10ccfe7dee0a0583bc64e41abb216a9b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578041826521141","idStr":"3578041826521141"},"themes":[],"htmlText":"[强]&nbsp;[强]&nbsp;[强]&nbsp;[强]&nbsp;","listText":"[强]&nbsp;[强]&nbsp;[强]&nbsp;[强]&nbsp;","text":"[强] [强] [强] [强]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/849495931","repostId":"1121087038","repostType":4,"isVote":1,"tweetType":1,"viewCount":966,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":840750995,"gmtCreate":1635692206945,"gmtModify":1635692206945,"author":{"id":"3578041826521141","authorId":"3578041826521141","name":"CgYeo","avatar":"https://static.tigerbbs.com/10ccfe7dee0a0583bc64e41abb216a9b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578041826521141","idStr":"3578041826521141"},"themes":[],"htmlText":"[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;","listText":"[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;","text":"[微笑] [微笑] [微笑] [微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/840750995","repostId":"1130019043","repostType":4,"repost":{"id":"1130019043","kind":"news","pubTimestamp":1635579123,"share":"https://www.laohu8.com/m/news/1130019043?lang=zh_CN&edition=full","pubTime":"2021-10-30 15:32","market":"hk","language":"en","title":"Top Wall Street Strategist Sees a Fast 10% Q4 Correction Coming<blockquote>华尔街顶级策略师预计第四季度将出现10%的快速调整</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1130019043","media":"24/7 wall street","summary":"A plethora of acronyms are used in the financial world for a wide variety of items. Most investors a","content":"<p>A plethora of acronyms are used in the financial world for a wide variety of items. Most investors are well aware of the FAANG stocks, which are the massive tech monsters that rule the market. In addition, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the acronyms used to describe the constant rise in the stock markets, especially when the “buy the dip” crowd takes control after sizable selling, is FOMO, or fear of missing out.</p><p><blockquote>在金融界，大量的首字母缩略词用于各种各样的项目。大多数投资者都很清楚FAANG股票，它们是统治市场的大型科技巨头。此外，<a href=\"https://laohu8.com/S/AONE.U\">一</a>FOMO是用来描述股市持续上涨的首字母缩略词之一，尤其是当“逢低买入”人群在大量抛售后控制局面时。</blockquote></p><p> One of the very newest acronyms to hit the market speak lexicon is TINA. That stands for “there is no alternative,” which is an explanation for the constant ascent of the stock market. Basically what it means is that, due to very low yields on bonds and cash, especially with mounting inflation, owning stocks (especially those that pay solid and predictable dividends) is the only way to stay ahead of the game.</p><p><blockquote>TINA是最新进入市场词汇的首字母缩略词之一。这代表“别无选择”，这是对股市不断上涨的解释。基本上，这意味着，由于债券和现金的收益率非常低，特别是在通货膨胀加剧的情况下，持有股票（尤其是那些支付稳定且可预测股息的股票）是保持领先地位的唯一途径。</blockquote></p><p> If any one equity strategist across Wall Street has been right on the money over the past few years, it is Stifel’s head of Institutional Equity Strategy, Barry Bannister, and he is advising clients that we could be poised to have a TINA trap sell-off. We have covered his outstanding and prescient calls for years, and generally when he talks, we listen. Those who did so at the height of the sell-off in 2020 posted some massive gains.</p><p><blockquote>如果说过去几年华尔街有哪一位股票策略师是正确的，那就是Stifel的机构股票策略主管巴里·班尼斯特(Barry Bannister)，他向客户建议，我们可能会遭遇TINA陷阱抛售。多年来，我们一直在报道他杰出而有先见之明的评级，通常当他讲话时，我们会倾听。那些在2020年抛售最严重的时候这样做的人取得了一些巨大的收益。</blockquote></p><p> On March 19, 2020, just four short days before the final surge of selling and investor capitulation on March 23, Bannister and his team dropped a prediction for a relief rally that would carry the S&amp;P 500 to the 2,750 level by April 30. On March 23, the index hit an intraday low of 2,191, and it closed at 2,237.</p><p><blockquote>2020年3月19日，就在3月23日抛售和投资者投降最后激增的短短四天前，班尼斯特和他的团队放弃了对缓解性反弹的预测，该反弹将使标普500在4月30日之前升至2,750点。3月23日，该指数盘中最低触及2191点，收盘于2237点。</blockquote></p><p> We covered that incredibly bold prediction then, and while some were very skeptical of the call, Bannister made the prerequisite financial media rounds at the time giving his firm’s rationale for the prediction. In early April of 2020 as a surge of alarming news on the COVID-19 pandemic flooded the airwaves, Stifel came out and defended the call, telling clients to stand their ground. In the middle of April, as the rest of Wall Street was finally on board, Stifel raised the end-of-April target to 2,950. On April 30, in line with the laser-like call from Stifel, the S&amp;P 500 closed at 2,912 after hitting an intraday high of 2,930 and after trading to 2,950 level the day before. In late May of 2020, Stifel once again raised the price target on the S&amp;P 500 to 3,250 by August 30.</p><p><blockquote>我们当时报道了这一令人难以置信的大胆预测，虽然有些人对看涨期权非常怀疑，但班尼斯特当时在金融媒体上发表了先决条件，给出了他的公司做出这一预测的理由。2020年4月初，随着有关COVID-19大流行的令人震惊的消息充斥电视广播，Stifel站出来为看涨期权辩护，告诉客户坚持自己的立场。4月中旬，随着华尔街其他人终于加入进来，Stifel将4月底的目标上调至2,950点。4月30日，与Stifel激光般的看涨期权一致，标普500在触及2930点的盘中高点并在前一天交易至2950点后收于2912点。2020年5月下旬，Stifel再次将标普500的目标价上调至8月30日的3,250点。</blockquote></p><p> Once again, Bannister sees storm clouds on the horizon, and with good reason. Everything from stocks to gold, Treasury debt and oil and have been pushed higher. This is a result of a unique combination of the FOMO worries and the TINA mentality. In a new research report, Bannister and his team feel that a lightning-fast 10% correction could occur in the remaining months of the fourth quarter. The report noted this:</p><p><blockquote>班尼斯特又一次看到了地平线上的乌云，这是有充分理由的。从股票到黄金、国债和石油，一切都被推高。这是FOMO担忧和TINA心态独特结合的结果。在一份新的研究报告中，班尼斯特和他的团队认为，第四季度剩余几个月可能会出现闪电般的10%修正。报告指出：</blockquote></p><p>   Near-term in the fourth quarter of 2021, we note that equal-weighted cyclicals vs. defensives are very near the point at which P/E-driven S&amp;P 500 corrections occur, and we see downside equating to the S&amp;P 500 falling from 4,535 currently to ~4,000 (prior view 3,800), around a 10% correction in the fourth quarter as we see mid-cycle risks.    Our target and concerns are based on slowing global liquidity and tighter financial conditions with a gradual but unwavering Fed exit (especially after the Fed Chair is named). Sure, the Fed-inflated TINA trade “There is No Alternative” (to stocks) exists, but everyone goes into the boxing ring “with a plan” to buy-the-dip…until they get hit with a double-digit correction.    Looking out to mid-2022 through 2025, we observe that value vs. growth tracks the S&amp;P 500 divided by commodity index ratio, which soared in 2020 (favored growth stocks), fell in 2021 (favors value) and may bounce in mid-2022 (after the S&amp;P 500 corrects) favoring growth, post-dip. We also show that despite the Quantitative Easing taper the S&amp;P 500 could hit 5,200 by Jun-2022 (TINA’s last gasp?). Moreover, we see no actual bear market, which would be a 20% or more decline until fed funds is 1% (4 rate hikes), which fed funds futures indicate does not occur until 2024. </p><p><blockquote>近期在2021年第四季度，我们注意到等权重周期性股票与防御性股票非常接近市盈率驱动的标普500修正发生的点，我们认为下行相当于标普500从目前的4,535点下跌至约4,000点（之前的观点为3,800点），由于我们看到了中期周期风险，第四季度的修正约为10%。我们的目标和担忧基于全球流动性放缓和金融状况收紧，美联储将逐步但坚定不移地退出（尤其是在美联储主席任命之后）。当然，美联储膨胀的TINA交易“别无选择”（股票）是存在的，但每个人都“带着一个计划”进入拳击场，以逢低买入……直到他们受到两位数的修正。展望2022年中期至2025年，我们观察到价值与增长遵循标普500除以大宗商品指数比率，该比率在2020年飙升（青睐成长股），在2021年下跌（青睐价值股），并可能在2022年中期反弹（标普500修正后）有利于增长，下跌后。我们还表明，尽管量化宽松缩减，到2022年6月，标普500仍可能达到5,200（TINA的最后一口气？）.此外，我们没有看到真正的熊市，在联邦基金利率达到1%（加息4次）之前，熊市将下跌20%或更多，联邦基金期货表明这种情况要到2024年才会发生。</blockquote></p><p></p>","source":"lsy1620372341666","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>Top Wall Street Strategist Sees a Fast 10% Q4 Correction Coming<blockquote>华尔街顶级策略师预计第四季度将出现10%的快速调整</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nTop Wall Street Strategist Sees a Fast 10% Q4 Correction Coming<blockquote>华尔街顶级策略师预计第四季度将出现10%的快速调整</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">24/7 wall street</strong><span class=\"h-time small\">2021-10-30 15:32</span>\n</p>\n</h4>\n</header>\n<article>\n<p>A plethora of acronyms are used in the financial world for a wide variety of items. Most investors are well aware of the FAANG stocks, which are the massive tech monsters that rule the market. In addition, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the acronyms used to describe the constant rise in the stock markets, especially when the “buy the dip” crowd takes control after sizable selling, is FOMO, or fear of missing out.</p><p><blockquote>在金融界，大量的首字母缩略词用于各种各样的项目。大多数投资者都很清楚FAANG股票，它们是统治市场的大型科技巨头。此外，<a href=\"https://laohu8.com/S/AONE.U\">一</a>FOMO是用来描述股市持续上涨的首字母缩略词之一，尤其是当“逢低买入”人群在大量抛售后控制局面时。</blockquote></p><p> One of the very newest acronyms to hit the market speak lexicon is TINA. That stands for “there is no alternative,” which is an explanation for the constant ascent of the stock market. Basically what it means is that, due to very low yields on bonds and cash, especially with mounting inflation, owning stocks (especially those that pay solid and predictable dividends) is the only way to stay ahead of the game.</p><p><blockquote>TINA是最新进入市场词汇的首字母缩略词之一。这代表“别无选择”，这是对股市不断上涨的解释。基本上，这意味着，由于债券和现金的收益率非常低，特别是在通货膨胀加剧的情况下，持有股票（尤其是那些支付稳定且可预测股息的股票）是保持领先地位的唯一途径。</blockquote></p><p> If any one equity strategist across Wall Street has been right on the money over the past few years, it is Stifel’s head of Institutional Equity Strategy, Barry Bannister, and he is advising clients that we could be poised to have a TINA trap sell-off. We have covered his outstanding and prescient calls for years, and generally when he talks, we listen. Those who did so at the height of the sell-off in 2020 posted some massive gains.</p><p><blockquote>如果说过去几年华尔街有哪一位股票策略师是正确的，那就是Stifel的机构股票策略主管巴里·班尼斯特(Barry Bannister)，他向客户建议，我们可能会遭遇TINA陷阱抛售。多年来，我们一直在报道他杰出而有先见之明的评级，通常当他讲话时，我们会倾听。那些在2020年抛售最严重的时候这样做的人取得了一些巨大的收益。</blockquote></p><p> On March 19, 2020, just four short days before the final surge of selling and investor capitulation on March 23, Bannister and his team dropped a prediction for a relief rally that would carry the S&amp;P 500 to the 2,750 level by April 30. On March 23, the index hit an intraday low of 2,191, and it closed at 2,237.</p><p><blockquote>2020年3月19日，就在3月23日抛售和投资者投降最后激增的短短四天前，班尼斯特和他的团队放弃了对缓解性反弹的预测，该反弹将使标普500在4月30日之前升至2,750点。3月23日，该指数盘中最低触及2191点，收盘于2237点。</blockquote></p><p> We covered that incredibly bold prediction then, and while some were very skeptical of the call, Bannister made the prerequisite financial media rounds at the time giving his firm’s rationale for the prediction. In early April of 2020 as a surge of alarming news on the COVID-19 pandemic flooded the airwaves, Stifel came out and defended the call, telling clients to stand their ground. In the middle of April, as the rest of Wall Street was finally on board, Stifel raised the end-of-April target to 2,950. On April 30, in line with the laser-like call from Stifel, the S&amp;P 500 closed at 2,912 after hitting an intraday high of 2,930 and after trading to 2,950 level the day before. In late May of 2020, Stifel once again raised the price target on the S&amp;P 500 to 3,250 by August 30.</p><p><blockquote>我们当时报道了这一令人难以置信的大胆预测，虽然有些人对看涨期权非常怀疑，但班尼斯特当时在金融媒体上发表了先决条件，给出了他的公司做出这一预测的理由。2020年4月初，随着有关COVID-19大流行的令人震惊的消息充斥电视广播，Stifel站出来为看涨期权辩护，告诉客户坚持自己的立场。4月中旬，随着华尔街其他人终于加入进来，Stifel将4月底的目标上调至2,950点。4月30日，与Stifel激光般的看涨期权一致，标普500在触及2930点的盘中高点并在前一天交易至2950点后收于2912点。2020年5月下旬，Stifel再次将标普500的目标价上调至8月30日的3,250点。</blockquote></p><p> Once again, Bannister sees storm clouds on the horizon, and with good reason. Everything from stocks to gold, Treasury debt and oil and have been pushed higher. This is a result of a unique combination of the FOMO worries and the TINA mentality. In a new research report, Bannister and his team feel that a lightning-fast 10% correction could occur in the remaining months of the fourth quarter. The report noted this:</p><p><blockquote>班尼斯特又一次看到了地平线上的乌云，这是有充分理由的。从股票到黄金、国债和石油，一切都被推高。这是FOMO担忧和TINA心态独特结合的结果。在一份新的研究报告中，班尼斯特和他的团队认为，第四季度剩余几个月可能会出现闪电般的10%修正。报告指出：</blockquote></p><p>   Near-term in the fourth quarter of 2021, we note that equal-weighted cyclicals vs. defensives are very near the point at which P/E-driven S&amp;P 500 corrections occur, and we see downside equating to the S&amp;P 500 falling from 4,535 currently to ~4,000 (prior view 3,800), around a 10% correction in the fourth quarter as we see mid-cycle risks.    Our target and concerns are based on slowing global liquidity and tighter financial conditions with a gradual but unwavering Fed exit (especially after the Fed Chair is named). Sure, the Fed-inflated TINA trade “There is No Alternative” (to stocks) exists, but everyone goes into the boxing ring “with a plan” to buy-the-dip…until they get hit with a double-digit correction.    Looking out to mid-2022 through 2025, we observe that value vs. growth tracks the S&amp;P 500 divided by commodity index ratio, which soared in 2020 (favored growth stocks), fell in 2021 (favors value) and may bounce in mid-2022 (after the S&amp;P 500 corrects) favoring growth, post-dip. We also show that despite the Quantitative Easing taper the S&amp;P 500 could hit 5,200 by Jun-2022 (TINA’s last gasp?). Moreover, we see no actual bear market, which would be a 20% or more decline until fed funds is 1% (4 rate hikes), which fed funds futures indicate does not occur until 2024. </p><p><blockquote>近期在2021年第四季度，我们注意到等权重周期性股票与防御性股票非常接近市盈率驱动的标普500修正发生的点，我们认为下行相当于标普500从目前的4,535点下跌至约4,000点（之前的观点为3,800点），由于我们看到了中期周期风险，第四季度的修正约为10%。我们的目标和担忧基于全球流动性放缓和金融状况收紧，美联储将逐步但坚定不移地退出（尤其是在美联储主席任命之后）。当然，美联储膨胀的TINA交易“别无选择”（股票）是存在的，但每个人都“带着一个计划”进入拳击场，以逢低买入……直到他们受到两位数的修正。展望2022年中期至2025年，我们观察到价值与增长遵循标普500除以大宗商品指数比率，该比率在2020年飙升（青睐成长股），在2021年下跌（青睐价值股），并可能在2022年中期反弹（标普500修正后）有利于增长，下跌后。我们还表明，尽管量化宽松缩减，到2022年6月，标普500仍可能达到5,200（TINA的最后一口气？）.此外，我们没有看到真正的熊市，在联邦基金利率达到1%（加息4次）之前，熊市将下跌20%或更多，联邦基金期货表明这种情况要到2024年才会发生。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://247wallst.com/investing/2021/10/29/top-wall-street-strategist-sees-a-fast-10-q4-correction-coming/\">24/7 wall street</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://247wallst.com/investing/2021/10/29/top-wall-street-strategist-sees-a-fast-10-q4-correction-coming/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130019043","content_text":"A plethora of acronyms are used in the financial world for a wide variety of items. Most investors are well aware of the FAANG stocks, which are the massive tech monsters that rule the market. In addition, one of the acronyms used to describe the constant rise in the stock markets, especially when the “buy the dip” crowd takes control after sizable selling, is FOMO, or fear of missing out.\nOne of the very newest acronyms to hit the market speak lexicon is TINA. That stands for “there is no alternative,” which is an explanation for the constant ascent of the stock market. Basically what it means is that, due to very low yields on bonds and cash, especially with mounting inflation, owning stocks (especially those that pay solid and predictable dividends) is the only way to stay ahead of the game.\nIf any one equity strategist across Wall Street has been right on the money over the past few years, it is Stifel’s head of Institutional Equity Strategy, Barry Bannister, and he is advising clients that we could be poised to have a TINA trap sell-off. We have covered his outstanding and prescient calls for years, and generally when he talks, we listen. Those who did so at the height of the sell-off in 2020 posted some massive gains.\nOn March 19, 2020, just four short days before the final surge of selling and investor capitulation on March 23, Bannister and his team dropped a prediction for a relief rally that would carry the S&P 500 to the 2,750 level by April 30. On March 23, the index hit an intraday low of 2,191, and it closed at 2,237.\nWe covered that incredibly bold prediction then, and while some were very skeptical of the call, Bannister made the prerequisite financial media rounds at the time giving his firm’s rationale for the prediction. In early April of 2020 as a surge of alarming news on the COVID-19 pandemic flooded the airwaves, Stifel came out and defended the call, telling clients to stand their ground. In the middle of April, as the rest of Wall Street was finally on board, Stifel raised the end-of-April target to 2,950. On April 30, in line with the laser-like call from Stifel, the S&P 500 closed at 2,912 after hitting an intraday high of 2,930 and after trading to 2,950 level the day before. In late May of 2020, Stifel once again raised the price target on the S&P 500 to 3,250 by August 30.\nOnce again, Bannister sees storm clouds on the horizon, and with good reason. Everything from stocks to gold, Treasury debt and oil and have been pushed higher. This is a result of a unique combination of the FOMO worries and the TINA mentality. In a new research report, Bannister and his team feel that a lightning-fast 10% correction could occur in the remaining months of the fourth quarter. The report noted this:\n\n Near-term in the fourth quarter of 2021, we note that equal-weighted cyclicals vs. defensives are very near the point at which P/E-driven S&P 500 corrections occur, and we see downside equating to the S&P 500 falling from 4,535 currently to ~4,000 (prior view 3,800), around a 10% correction in the fourth quarter as we see mid-cycle risks.\n\n\n Our target and concerns are based on slowing global liquidity and tighter financial conditions with a gradual but unwavering Fed exit (especially after the Fed Chair is named). Sure, the Fed-inflated TINA trade “There is No Alternative” (to stocks) exists, but everyone goes into the boxing ring “with a plan” to buy-the-dip…until they get hit with a double-digit correction.\n\n\n Looking out to mid-2022 through 2025, we observe that value vs. growth tracks the S&P 500 divided by commodity index ratio, which soared in 2020 (favored growth stocks), fell in 2021 (favors value) and may bounce in mid-2022 (after the S&P 500 corrects) favoring growth, post-dip. We also show that despite the Quantitative Easing taper the S&P 500 could hit 5,200 by Jun-2022 (TINA’s last gasp?). Moreover, we see no actual bear market, which would be a 20% or more decline until fed funds is 1% (4 rate hikes), which fed funds futures indicate does not occur until 2024.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":854649589,"gmtCreate":1635457646983,"gmtModify":1635457830615,"author":{"id":"3578041826521141","authorId":"3578041826521141","name":"CgYeo","avatar":"https://static.tigerbbs.com/10ccfe7dee0a0583bc64e41abb216a9b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578041826521141","idStr":"3578041826521141"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DCCW.SI\">$Xiaomi 5xShortSG220705(DCCW.SI)$</a>[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;","listText":"<a href=\"https://laohu8.com/S/DCCW.SI\">$Xiaomi 5xShortSG220705(DCCW.SI)$</a>[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;","text":"$Xiaomi 5xShortSG220705(DCCW.SI)$[微笑] [微笑] [微笑] [微笑]","images":[{"img":"https://static.tigerbbs.com/33f6df2bde465e7c063ecf456c9de5f0","width":"1080","height":"2393"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854649589","isVote":1,"tweetType":1,"viewCount":883,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":855632734,"gmtCreate":1635371679109,"gmtModify":1635377286609,"author":{"id":"3578041826521141","authorId":"3578041826521141","name":"CgYeo","avatar":"https://static.tigerbbs.com/10ccfe7dee0a0583bc64e41abb216a9b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578041826521141","idStr":"3578041826521141"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/855632734","repostId":"811066992","repostType":1,"repost":{"id":811066992,"gmtCreate":1630278892616,"gmtModify":1704957599111,"author":{"id":"3528067440798020","authorId":"3528067440798020","name":"YOLO道","avatar":"https://static.tigerbbs.com/6e9ffc9ce8bdc6bbdf0601cfe562d658","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3528067440798020","idStr":"3528067440798020"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/BB\">$黑莓(BB)$</a>由于WSB股票卷土重来，黑莓又开始有一些小动作了。那么这种势头会持续下去，还是说只是昙花一现？从好的方面看，黑莓目前回到了所有主要移动平均线之上。只要情况不变，就很难看跌。如果股价进入12美元至12.15美元区域，那么突破到15美元的可能性更大。如果黑莓跌破200天移动平均线，那么下一个目标将是9.30美元至9.50美元区域。","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/BB\">$黑莓(BB)$</a>由于WSB股票卷土重来，黑莓又开始有一些小动作了。那么这种势头会持续下去，还是说只是昙花一现？从好的方面看，黑莓目前回到了所有主要移动平均线之上。只要情况不变，就很难看跌。如果股价进入12美元至12.15美元区域，那么突破到15美元的可能性更大。如果黑莓跌破200天移动平均线，那么下一个目标将是9.30美元至9.50美元区域。","text":"$黑莓(BB)$由于WSB股票卷土重来，黑莓又开始有一些小动作了。那么这种势头会持续下去，还是说只是昙花一现？从好的方面看，黑莓目前回到了所有主要移动平均线之上。只要情况不变，就很难看跌。如果股价进入12美元至12.15美元区域，那么突破到15美元的可能性更大。如果黑莓跌破200天移动平均线，那么下一个目标将是9.30美元至9.50美元区域。","images":[{"img":"https://static.tigerbbs.com/4833bd22f5da037e149fdd011ad9c311","width":"1017","height":"675"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/811066992","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":852764107,"gmtCreate":1635304432658,"gmtModify":1635304432658,"author":{"id":"3578041826521141","authorId":"3578041826521141","name":"CgYeo","avatar":"https://static.tigerbbs.com/10ccfe7dee0a0583bc64e41abb216a9b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578041826521141","idStr":"3578041826521141"},"themes":[],"htmlText":"[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;","listText":"[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;[微笑]&nbsp;","text":"[微笑] [微笑] [微笑] [微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/852764107","repostId":"853649086","repostType":1,"repost":{"id":853649086,"gmtCreate":1634805527891,"gmtModify":1634807096256,"author":{"id":"3571203350393745","authorId":"3571203350393745","name":"读懂港美股","avatar":"https://static.tigerbbs.com/4fd812dbaabe40f56b43f27c610cc4bf","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571203350393745","idStr":"3571203350393745"},"themes":[],"title":"A股和港股的分红到底有什么不同？看它就够了！","htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/600519\">$贵州茅台(600519)$</a>&nbsp;<a target=\"_blank\" href=\"https://laohu8.com/S/09988\">$阿里巴巴-SW(09988)$</a>&nbsp;<a target=\"_blank\" href=\"https://laohu8.com/S/00700\">$腾讯控股(00700)$</a>&nbsp;在昨天的<a href=\"https://laohu8.com/TW/859425602\" target=\"_blank\">《A股的照妖镜！》</a>中，晓艺给大家简单讲了讲AH溢价，感兴趣的朋友们可以回看一下。在以后的文章里面也会更深入的对AH溢价、套利等进行讲解和分析，大家可以持续关注一下。今天呢，我们就先主要针对做长线的价值投资者往往会关注的一点来写，那就是分红。有人会说：“什么？分红？！分红都是骗人的！分红之后前后资金并没有变化，还得被扣税，有什么意义？”可是分红就真的没有意义吗？或许不能一概而论。首先呢，我们来思考一个问题——为什么要投资？ 因为要获取收益对不对。现金分红就是一个投资股票重要的收益渠道。那么，我们再来思考，拿分红的意义是什么呢？第一个就是可以实实在在把钱放在了口袋里，没有什么比把钱拿在手上更让人安心的了。或许短期来看，分红对资产的变化并没有产生什么影响；但是长期来看，产生复利效应会带来非常可观的收益。所以我说价值投资者往往会关注这一点。第二个就是扫雷。这个怎么讲呢？通过现金分红，不仅可以看到公司到底给股东带来了多少实际收益，还能了解这个公司的财政状况怎么样。举个例子来说，如果同行业里面，大部分公司都在发现金分红，就小部分公司不发，那就说明这一小部分公司或许有一定的财政问题，我们就可以把它们给","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/600519\">$贵州茅台(600519)$</a>&nbsp;<a target=\"_blank\" href=\"https://laohu8.com/S/09988\">$阿里巴巴-SW(09988)$</a>&nbsp;<a target=\"_blank\" href=\"https://laohu8.com/S/00700\">$腾讯控股(00700)$</a>&nbsp;在昨天的<a href=\"https://laohu8.com/TW/859425602\" target=\"_blank\">《A股的照妖镜！》</a>中，晓艺给大家简单讲了讲AH溢价，感兴趣的朋友们可以回看一下。在以后的文章里面也会更深入的对AH溢价、套利等进行讲解和分析，大家可以持续关注一下。今天呢，我们就先主要针对做长线的价值投资者往往会关注的一点来写，那就是分红。有人会说：“什么？分红？！分红都是骗人的！分红之后前后资金并没有变化，还得被扣税，有什么意义？”可是分红就真的没有意义吗？或许不能一概而论。首先呢，我们来思考一个问题——为什么要投资？ 因为要获取收益对不对。现金分红就是一个投资股票重要的收益渠道。那么，我们再来思考，拿分红的意义是什么呢？第一个就是可以实实在在把钱放在了口袋里，没有什么比把钱拿在手上更让人安心的了。或许短期来看，分红对资产的变化并没有产生什么影响；但是长期来看，产生复利效应会带来非常可观的收益。所以我说价值投资者往往会关注这一点。第二个就是扫雷。这个怎么讲呢？通过现金分红，不仅可以看到公司到底给股东带来了多少实际收益，还能了解这个公司的财政状况怎么样。举个例子来说，如果同行业里面，大部分公司都在发现金分红，就小部分公司不发，那就说明这一小部分公司或许有一定的财政问题，我们就可以把它们给","text":"$贵州茅台(600519)$ $阿里巴巴-SW(09988)$ $腾讯控股(00700)$ 在昨天的《A股的照妖镜！》中，晓艺给大家简单讲了讲AH溢价，感兴趣的朋友们可以回看一下。在以后的文章里面也会更深入的对AH溢价、套利等进行讲解和分析，大家可以持续关注一下。今天呢，我们就先主要针对做长线的价值投资者往往会关注的一点来写，那就是分红。有人会说：“什么？分红？！分红都是骗人的！分红之后前后资金并没有变化，还得被扣税，有什么意义？”可是分红就真的没有意义吗？或许不能一概而论。首先呢，我们来思考一个问题——为什么要投资？ 因为要获取收益对不对。现金分红就是一个投资股票重要的收益渠道。那么，我们再来思考，拿分红的意义是什么呢？第一个就是可以实实在在把钱放在了口袋里，没有什么比把钱拿在手上更让人安心的了。或许短期来看，分红对资产的变化并没有产生什么影响；但是长期来看，产生复利效应会带来非常可观的收益。所以我说价值投资者往往会关注这一点。第二个就是扫雷。这个怎么讲呢？通过现金分红，不仅可以看到公司到底给股东带来了多少实际收益，还能了解这个公司的财政状况怎么样。举个例子来说，如果同行业里面，大部分公司都在发现金分红，就小部分公司不发，那就说明这一小部分公司或许有一定的财政问题，我们就可以把它们给","images":[{"img":"https://static.tigerbbs.com/35f8fccc48ed18602c0e1c403b1333c0","width":"688","height":"499"},{"img":"https://static.tigerbbs.com/86761571a533632475b539a2834028f3","width":"688","height":"654"},{"img":"https://static.tigerbbs.com/0cc3c9dbd34ae5251a6aeaa625051464","width":"688","height":"65"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/853649086","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":5,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1461,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":858497187,"gmtCreate":1635112346608,"gmtModify":1635112346723,"author":{"id":"3578041826521141","authorId":"3578041826521141","name":"CgYeo","avatar":"https://static.tigerbbs.com/10ccfe7dee0a0583bc64e41abb216a9b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578041826521141","idStr":"3578041826521141"},"themes":[],"htmlText":"<a 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[微笑]","images":[{"img":"https://static.tigerbbs.com/f04158a05f71d52476784670fe37e0f8","width":"1080","height":"2528"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/858884203","isVote":1,"tweetType":1,"viewCount":309,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":851745040,"gmtCreate":1634948705615,"gmtModify":1634948705750,"author":{"id":"3578041826521141","authorId":"3578041826521141","name":"CgYeo","avatar":"https://static.tigerbbs.com/10ccfe7dee0a0583bc64e41abb216a9b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578041826521141","idStr":"3578041826521141"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/851745040","repostId":"859442824","repostType":1,"repost":{"id":859442824,"gmtCreate":1634727529775,"gmtModify":1744802181716,"author":{"id":"3520120256277227","authorId":"3520120256277227","name":"雷递","avatar":"https://static.tigerbbs.com/c1d76d196de1b078825d97644631d0f1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3520120256277227","idStr":"3520120256277227"},"themes":[],"title":"沃尔沃拟欧洲上市：估值超200亿美元 吉利将获巨额回报","htmlText":"雷递网 雷建平 10月20日报道沃尔沃汽车日前递交招股书，准备在纳斯达克斯德哥尔摩交易所IPO，筹资250亿瑞典克朗（约184亿元或29亿美元）。沃尔沃的发行区间为53至68瑞典克朗，可能对沃尔沃的估值达到230亿美元，这距离吉利以18亿美元从福特汽车手上买下沃尔沃已经过去11年时间。沃尔沃预计2021年10月28日在斯德哥尔摩开始交易，此次沃尔沃上市，将成为欧洲自2021年1月以来规模最大的IPO。为吉利海外收购经典之作世界第一辆沃尔沃汽车1927年在瑞典诞生，1999年，福特汽车花64.5亿美元买下沃尔沃轿车，沃尔沃轿车成为福特汽车的全资子公司和小品牌。2000年初，福特汽车日益受累于品牌太多，决定丢车保帅，出售沃尔沃。当时，李书福第一辆汽车才下线4年，但以18亿美元收购沃尔沃100%股份和相关资产，曾在汽车行业轰动一时，甚至被称为是“蛇吞象”。吉利创始人李书福的这次非常成功的豪赌，给吉利带回来了巨额回报。此后，吉利和沃尔沃在瑞典哥德堡建立联合研发中心（CEVT），开启向海外扩张的步伐。吉利还结合沃尔沃的技术底蕴与吉利对市场的感知，推出了领克，这也是吉利进军高端汽车市场的尝试。李书福曾说，“沃尔沃的技术让吉利造车入了门。”市值将低于蔚来小鹏理想如今，沃尔沃取得了稳步发展。财报显示，沃尔沃2020年营收达2628亿瑞典克朗（约2033亿元），营业利润达85亿瑞典克朗（约65.8亿）。沃尔沃2021年上半年营收为1411亿瑞典克朗（约1034.82亿元），较2020年同期上涨26.3%；息税前利润为132.4亿瑞典克朗（约98.78亿元）。随着此次沃尔沃上市，沃尔沃将拥有更多资金，而吉利依然处于控股地位。IPO前，吉利拥有沃尔沃97.8%的股权，及99.8%的投票权；IPO后，吉利拥有沃尔沃78.4%的股权，及96.7%的投票权。为了筹备此次上市，沃尔沃也动作频频。2021","listText":"雷递网 雷建平 10月20日报道沃尔沃汽车日前递交招股书，准备在纳斯达克斯德哥尔摩交易所IPO，筹资250亿瑞典克朗（约184亿元或29亿美元）。沃尔沃的发行区间为53至68瑞典克朗，可能对沃尔沃的估值达到230亿美元，这距离吉利以18亿美元从福特汽车手上买下沃尔沃已经过去11年时间。沃尔沃预计2021年10月28日在斯德哥尔摩开始交易，此次沃尔沃上市，将成为欧洲自2021年1月以来规模最大的IPO。为吉利海外收购经典之作世界第一辆沃尔沃汽车1927年在瑞典诞生，1999年，福特汽车花64.5亿美元买下沃尔沃轿车，沃尔沃轿车成为福特汽车的全资子公司和小品牌。2000年初，福特汽车日益受累于品牌太多，决定丢车保帅，出售沃尔沃。当时，李书福第一辆汽车才下线4年，但以18亿美元收购沃尔沃100%股份和相关资产，曾在汽车行业轰动一时，甚至被称为是“蛇吞象”。吉利创始人李书福的这次非常成功的豪赌，给吉利带回来了巨额回报。此后，吉利和沃尔沃在瑞典哥德堡建立联合研发中心（CEVT），开启向海外扩张的步伐。吉利还结合沃尔沃的技术底蕴与吉利对市场的感知，推出了领克，这也是吉利进军高端汽车市场的尝试。李书福曾说，“沃尔沃的技术让吉利造车入了门。”市值将低于蔚来小鹏理想如今，沃尔沃取得了稳步发展。财报显示，沃尔沃2020年营收达2628亿瑞典克朗（约2033亿元），营业利润达85亿瑞典克朗（约65.8亿）。沃尔沃2021年上半年营收为1411亿瑞典克朗（约1034.82亿元），较2020年同期上涨26.3%；息税前利润为132.4亿瑞典克朗（约98.78亿元）。随着此次沃尔沃上市，沃尔沃将拥有更多资金，而吉利依然处于控股地位。IPO前，吉利拥有沃尔沃97.8%的股权，及99.8%的投票权；IPO后，吉利拥有沃尔沃78.4%的股权，及96.7%的投票权。为了筹备此次上市，沃尔沃也动作频频。2021","text":"雷递网 雷建平 10月20日报道沃尔沃汽车日前递交招股书，准备在纳斯达克斯德哥尔摩交易所IPO，筹资250亿瑞典克朗（约184亿元或29亿美元）。沃尔沃的发行区间为53至68瑞典克朗，可能对沃尔沃的估值达到230亿美元，这距离吉利以18亿美元从福特汽车手上买下沃尔沃已经过去11年时间。沃尔沃预计2021年10月28日在斯德哥尔摩开始交易，此次沃尔沃上市，将成为欧洲自2021年1月以来规模最大的IPO。为吉利海外收购经典之作世界第一辆沃尔沃汽车1927年在瑞典诞生，1999年，福特汽车花64.5亿美元买下沃尔沃轿车，沃尔沃轿车成为福特汽车的全资子公司和小品牌。2000年初，福特汽车日益受累于品牌太多，决定丢车保帅，出售沃尔沃。当时，李书福第一辆汽车才下线4年，但以18亿美元收购沃尔沃100%股份和相关资产，曾在汽车行业轰动一时，甚至被称为是“蛇吞象”。吉利创始人李书福的这次非常成功的豪赌，给吉利带回来了巨额回报。此后，吉利和沃尔沃在瑞典哥德堡建立联合研发中心（CEVT），开启向海外扩张的步伐。吉利还结合沃尔沃的技术底蕴与吉利对市场的感知，推出了领克，这也是吉利进军高端汽车市场的尝试。李书福曾说，“沃尔沃的技术让吉利造车入了门。”市值将低于蔚来小鹏理想如今，沃尔沃取得了稳步发展。财报显示，沃尔沃2020年营收达2628亿瑞典克朗（约2033亿元），营业利润达85亿瑞典克朗（约65.8亿）。沃尔沃2021年上半年营收为1411亿瑞典克朗（约1034.82亿元），较2020年同期上涨26.3%；息税前利润为132.4亿瑞典克朗（约98.78亿元）。随着此次沃尔沃上市，沃尔沃将拥有更多资金，而吉利依然处于控股地位。IPO前，吉利拥有沃尔沃97.8%的股权，及99.8%的投票权；IPO后，吉利拥有沃尔沃78.4%的股权，及96.7%的投票权。为了筹备此次上市，沃尔沃也动作频频。2021","images":[{"img":"https://static.tigerbbs.com/8e3bdc79de9678d81b4669029ae235f0"},{"img":"https://static.tigerbbs.com/f478e15a18b3b899fac89a962fbbd31d"},{"img":"https://static.tigerbbs.com/6e8ddd6dc463f3c2a6e7683ad4ea76bd"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/859442824","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":1,"comments":[],"imageCount":8,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":859123567,"gmtCreate":1634680866283,"gmtModify":1634680866369,"author":{"id":"3578041826521141","authorId":"3578041826521141","name":"CgYeo","avatar":"https://static.tigerbbs.com/10ccfe7dee0a0583bc64e41abb216a9b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578041826521141","idStr":"3578041826521141"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/859123567","repostId":"850305338","repostType":1,"repost":{"id":850305338,"gmtCreate":1634551122282,"gmtModify":1635424158079,"author":{"id":"4092209177497620","authorId":"4092209177497620","name":"美股研习社","avatar":"https://static.tigerbbs.com/504f9801d521d1863fa1d263ff8ea79d","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4092209177497620","idStr":"4092209177497620"},"themes":[],"title":"缺芯之下，全球第三大晶圆代工厂格罗方德IPO闪亮登场","htmlText":"作者：昨辰 摘要：21H1毛利转正、净利亏损大幅缩窄，GF盈利在望？ 核心看点： 1、从半导体规模化制造能力来看，格罗方德是营收仅次于台积电和三星的全球第三大晶圆代工厂商，20年晶圆出货量超200w片； 2、过度依赖少数客户和单一供应商，公司营收会受客户的需求影响而出现显著变动，对上游单一原材料供应商的依赖程度高，议价能力相对较弱； 3、源于AMD、Chartered半导体和 IBM的根基，GF拥有强大的研发创新能力，且已与相关半导体设备公司签订了 20 多项长期供应协议，内含终身收入承诺总额超195亿美元； 4、宏观环境风险与供应安全日益重要，作为全球唯一一家不在中国大陆或台湾设厂而着眼全球布局的晶圆代工厂，GF有助于帮助客户缓解宏观环境风险； 5、得益于GF战略重点转移至差异化技术的发展，GF产品的ASP远高于联电与中芯国际； 6、中国对半导体制造产能扩张的大力支持，再加上中国国产化替代所带来的进口需求减弱等诸多因素，将大大增加GF在全球面临的竞争，限制GF等其他全球供应商在中国的市场份额，可能导致GF晶圆厂利用率不足或ASP大幅下降； 7、受业务剥离影响，近三年营收呈下降趋势，21H1营收同比转增，全年有望扭转营收下滑之势，而由于聚焦发展差异化技术，公司利润率有所改善：21H1毛利率转正，净利亏损大幅缩窄； 8、半导体市场空间广阔且增速惊人，预计在未来8-10年内，半导体行业的总收入将翻一番； 9、尽管与台积电在工艺制程和产能规模方面相差甚远，且尚未摆脱行业盈利难的魔咒，但GF有望通过扩产实现规模的扩张，推动营收扭亏为盈，有关英特尔或其他方有意收购GF的传言也可能推升其估值。 格罗方德（GlobalFoundries，下称“GF/格罗方德/公司/格芯”）是营收仅次于台积电和三星的全球第三大晶圆代工厂商。公司于2009年由AMD与穆巴达拉（Mubadala）联合投资成立","listText":"作者：昨辰 摘要：21H1毛利转正、净利亏损大幅缩窄，GF盈利在望？ 核心看点： 1、从半导体规模化制造能力来看，格罗方德是营收仅次于台积电和三星的全球第三大晶圆代工厂商，20年晶圆出货量超200w片； 2、过度依赖少数客户和单一供应商，公司营收会受客户的需求影响而出现显著变动，对上游单一原材料供应商的依赖程度高，议价能力相对较弱； 3、源于AMD、Chartered半导体和 IBM的根基，GF拥有强大的研发创新能力，且已与相关半导体设备公司签订了 20 多项长期供应协议，内含终身收入承诺总额超195亿美元； 4、宏观环境风险与供应安全日益重要，作为全球唯一一家不在中国大陆或台湾设厂而着眼全球布局的晶圆代工厂，GF有助于帮助客户缓解宏观环境风险； 5、得益于GF战略重点转移至差异化技术的发展，GF产品的ASP远高于联电与中芯国际； 6、中国对半导体制造产能扩张的大力支持，再加上中国国产化替代所带来的进口需求减弱等诸多因素，将大大增加GF在全球面临的竞争，限制GF等其他全球供应商在中国的市场份额，可能导致GF晶圆厂利用率不足或ASP大幅下降； 7、受业务剥离影响，近三年营收呈下降趋势，21H1营收同比转增，全年有望扭转营收下滑之势，而由于聚焦发展差异化技术，公司利润率有所改善：21H1毛利率转正，净利亏损大幅缩窄； 8、半导体市场空间广阔且增速惊人，预计在未来8-10年内，半导体行业的总收入将翻一番； 9、尽管与台积电在工艺制程和产能规模方面相差甚远，且尚未摆脱行业盈利难的魔咒，但GF有望通过扩产实现规模的扩张，推动营收扭亏为盈，有关英特尔或其他方有意收购GF的传言也可能推升其估值。 格罗方德（GlobalFoundries，下称“GF/格罗方德/公司/格芯”）是营收仅次于台积电和三星的全球第三大晶圆代工厂商。公司于2009年由AMD与穆巴达拉（Mubadala）联合投资成立","text":"作者：昨辰 摘要：21H1毛利转正、净利亏损大幅缩窄，GF盈利在望？ 核心看点： 1、从半导体规模化制造能力来看，格罗方德是营收仅次于台积电和三星的全球第三大晶圆代工厂商，20年晶圆出货量超200w片； 2、过度依赖少数客户和单一供应商，公司营收会受客户的需求影响而出现显著变动，对上游单一原材料供应商的依赖程度高，议价能力相对较弱； 3、源于AMD、Chartered半导体和 IBM的根基，GF拥有强大的研发创新能力，且已与相关半导体设备公司签订了 20 多项长期供应协议，内含终身收入承诺总额超195亿美元； 4、宏观环境风险与供应安全日益重要，作为全球唯一一家不在中国大陆或台湾设厂而着眼全球布局的晶圆代工厂，GF有助于帮助客户缓解宏观环境风险； 5、得益于GF战略重点转移至差异化技术的发展，GF产品的ASP远高于联电与中芯国际； 6、中国对半导体制造产能扩张的大力支持，再加上中国国产化替代所带来的进口需求减弱等诸多因素，将大大增加GF在全球面临的竞争，限制GF等其他全球供应商在中国的市场份额，可能导致GF晶圆厂利用率不足或ASP大幅下降； 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