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Thila
2022-01-28
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10 Best Stocks to Buy for Your Income-Generating Portfolio
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2022-01-17
$NikkoAM-STC Asia REIT(CFA.SI)$
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2021-11-17
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Bilibili slid over 5% in premarket trading as its net loss was RMB2,686.3 million
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2021-10-15
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Tesla Is the World’s Most Valuable Car Stock. Even the Haters Think So.
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2021-10-15
$Sadlier (WILLIAM H.), Inc.(SADL)$
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2021-10-06
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Toplines Before US Market Open on Wednesday
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2021-10-01
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European stock markets tumble amid fears of slowing economic growth
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2021-10-01
$NikkoAM-STC Asia REIT(CFA.SI)$
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2021-09-29
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Technically Speaking: Is The Market "Melting-Up?"
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2021-09-29
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2021-09-24
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EU Will Wait To Decide On Pfizer Boosters Due To Shortage Of Safety Data
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However, the idea that interest rates move markets is debatable.</p><p>As rates rise, it’s possible that income-concerned investors will be less incentivized to buy dividend-paying stocks, opting to put some funds in short-term fixed-income securities or even covered-call exchange-traded funds, such as the <b>Global X NASDAQ 100 Covered Call ETF</b>(NASDAQ:<b><u>QYLD</u></b>), which writes call options on the <b>Nasdaq-100 Index</b>.</p><p>In March 2020, I put together a list of10 stock recommendations for income-generating portfolios. Three months later, I did a revised version.</p><p>The stocks chosen were part of an income ladder, rising from a 1% yield (1.41%) for <b>Brookfield Asset Management</b>(NYSE:<b><u>BAM</u></b>) to a much-riskier 16.49% yield for <b>Icahn Enterprises</b>(NASDAQ:<b><u>IEP</u></b>), billionaire Carl Icahn’s holding company. Both have delivered decent gains over the past 19 months.</p><p>I thought it might be time to repeat my exercise of selecting 10 stocks yielding at or around 1%, 2%, 3%, all the way to 10% or beyond.</p><ul><li><b>American Express</b>(NYSE:<b><u>AXP</u></b>)</li><li><b>Diageo</b>(NYSE:<b><u>DEO</u></b>)</li><li><b>Pfizer</b>(NYSE:<b><u>PFE</u></b>)</li><li><b>BP</b>(NYSE:<b><u>BP</u></b>)</li><li><b>Store Capital</b>(NYSE:<b><u>STOR</u></b>)</li><li><b>Camping World Holdings</b>(NYSE:<b><u>CWH</u></b>)</li><li><b>British American Tobacco</b>(NYSE:<b><u>BTI</u></b>)</li><li><b>Golub Capital BDC</b>(NASDAQ:<b><u>GBDC</u></b>)</li><li><b>Rio Tinto</b>(NYSE:<b><u>RIO</u></b>)</li><li><b>Artisan Partners Asset Management</b>(NYSE:<b><u>APAM</u></b>)</li></ul><p>The goal here is to generate a nice combination of income and capital gains from dividend-paying stocks over the long haul.</p><p>Stocks to Buy: American Express (AXP)</p><p><b>Market Capitalization:</b>$135.8 billion</p><p><b>Dividend Yield:</b>1.2%</p><p>Financial services giant American Express reported Fourth-quarter results on Jan. 25. They were off-the-chart good with full-year revenue net of interest expense growing 17% year-over-year to $42.4 billion from $36.1 billion a year earlier. On the bottom line, net income jumped 161% higher to $8.1 billion versus $3.1 billion a year earlier.</p><p>The company sees revenue growth of 19% at the midpoint of its guidance in 2022, with earnings per share of $9.45. Longer-term, it expects to grow revenues and profits by 10% and 15%, respectively.</p><p>Most importantly, from an income perspective, AMEX will increase its quarterly dividend by 21% from 43 cents to 52 cents. The annual rate of $2.08 yields a reasonable 1.2%.</p><p>After the results were released, Bank of America analyst Mihir Bhatiaupgraded AXP stock to “buy” from “neutral.” In a note to clients, the analyst wrote:</p><blockquote>The investments AXP has been making through the pandemic, in both card-member retention and acquisitions, are starting to yield results that should drive faster top-line growth and operating leverage in the near-to-medium term,<i>MarketWatch</i> reported.</blockquote><p>Diageo (DEO)</p><p><b>Market Capitalization:</b>$113.4 billion</p><p><b>Dividend Yield:</b>2.0%</p><p>Hot off the presses, Diageo reported its first-half sales on Jan. 27. Revenue rose 16% to GBP 8.0 billion ($10.7 billion) from GBP 6.9 billion ($9.2 billion) a year earlier. Further down the income statement, the liquor giant had an operating profit excluding exceptional items of GBP 2.74 billion ($3.66 billion), up 21.2% from GBP 2.26 billion ($3.02) a year earlier.</p><p>During the pandemic, the maker of Johnnie Walker scotch, Tanqueray gin, Captain Morgan rum and many other famous brands said consumers stocked up the home bar, leading to solid growth. Now that things are reopening, it’s time for bars and restaurants to step up their orders.</p><p>The pandemic proved that in good times or bad, people are still going to have a drink. This makes Diageo not only a decent income generator but also a nice defensive stock in volatile times.</p><p>Stocks to Buy: Pfizer (PFE)</p><p><b>Market Capitalization:</b>$297.5 billion</p><p><b>Dividend Yield:</b>3.0%</p><p>There is no question that Covid-19 has been a godsend for pharmaceutical giant Pfizer. The company expects to generate$36 billion in revenue in fiscal 2021. In the third quarter ended Oct. 3, 2021, its vaccine revenue accounted for 60% of its sales.</p><p>For all of 2021, vaccines will account for approximately 44% of its $81.5 billion in projected revenue. In 2022, vaccine revenue is expected to moderate, hitting $29 billion for the fiscal year. That’s still a significant sum.</p><p>In a rare disappointment, Pfizer’s treatment for pediatric growth hormone deficiency, developed in partnership with <b>Opko Health</b>(NASDAQ:<b><u>OPK</u></b>), was recently rejected by the U.S. Food and Drug Administration (FDA). Already approved in several countries, including Canada, the FDA’s rejection took the company by surprise. However, it is working with the agency to see how it can get the treatment’s ultimate approval.</p><p>If you think Pfizer is only a vaccine maker, think again.<b>Scotia Wealth</b> portfolio manager Stan Wong recently discussed the company’s strengths with the <i>Cantech Letter.</i>“I like Pfizer not because of the COVID-19 vaccines and antiviral drugs but their pipeline is really rapidly improving with several recent drug launches that have been very successful,”<i>Cantech Letter</i> reported. He said their cardiovascular drug seems to be very promising, expecting it to add to revenue and earnings going forward “in a major way.”</p><p>BP (BP)</p><p><b>Market Capitalization:</b>$103.4 billion</p><p><b>Dividend Yield:</b>4.1%</p><p>I’ve never been a fan of companies that peddle fossil fuels. I don’t like what they’re doing to the environment. However, until the world can fully transition to energy sources that don’t require fossil fuels, we are stuck with BP and its ilk.</p><p>Energy stocks haven’t done too well in recent years, another reason to avoid them, but there’s no question that they’re firing on all cylinders heading into 2022. Revenues are up. Profits are up. Life is good.</p><p>Of the big oil companies, I’m leaning toward BP stock because of the company’s realistic view of the energy sector’s future. It’s not in oil; let’s put it that way.</p><p>In September 2021,<i>Reuters</i> reported on BP CEO Bernard Looney’s plans to transition its business to renewable energy:</p><p>“He aims to slash BP’s output by 40%, or about 1 million barrels per day, an amount equal to the UK’s entire daily output in 2019. At the same time, BP would boost its capacity to generate electricity from renewable sources to 50 gigawatts, a 20-fold increase and equivalent to the power produced by 50 U.S. nuclear plants,”<i>Reuters</i> reported.</p><p>By investing in BP stock, you get to be on the right side of climate change, while making 4% on your money. What’s not to like?</p><p>Stocks to Buy: Store Capital (STOR)</p><p><b>Market Capitalization:</b>$8.3 billion</p><p><b>Dividend Yield:</b>5.0%</p><p>This real estate investment trust (REIT) is probably best known because <b>Berkshire Hathaway</b>(NYSE:<b><u>BRK.A</u></b>, NYSE:<b><u>BRK.B</u></b>) is one of Store Capital’s largest shareholders at 9.04%. Only two other institutions own more. However, don’t get too excited. Warren Buffett’s stake in the REIT accounts for just0.2%of the holding company’s $336 billion equity securities portfolio.</p><p>If you’re not familiar with Store Capital, it owns and manages single-tenant operational real estate. Its 2,788 properties are spread over 49 states, involving538 companies. Its occupancy rate is a high 99.4%.</p><p>The REIT’s Q3 2021 presentation points out that its target market is almost 215,000 companies. It’s dealing with the cream of the crop. This allows it to be selective in who it does business with.</p><p>Camping World, one of the names on my list, is one of its top 10 customers. The top 10 accounts for 18.7% of the total base rent and 13.6% of the total properties.</p><p>Over the past six years, it’s grown its adjusted funds from operations by 5.1% per annum. That’s led to a 6.8% annual increase in its dividend.</p><p>STOR stock is not sexy but its business model works.</p><p>Camping World Holdings (CWH)</p><p><b>Market Capitalization:</b>$2.8 billion</p><p><b>Dividend Yield:</b>6.1%</p><p>On Jan. 24, Camping Worldannouncedan increase in its share repurchase program. The largest retailer of recreational vehicles (RVs) in the U.S. originally approved a $225 million buyback in October 2020.</p><p>It’s bought back approximately $177 million of that. The announcement provides an additional $152.7 million to its repurchase program. It now has roughly $200 million outstanding.</p><p>How’s it done repurchasing its shares? In the first nine months of 2021, it bought back$86.8 million of its stock at an average price of $39.30. Based on its current share price, it’s underwater by 17% on those purchases.</p><p>Typically, I’m against share repurchases because companies aren’t very good at knowing when their share prices are cheap. I believe that CWH stock is severely undervalued, so I’ll make an exception. It trades at 0.22x sales, the lowest multiple since 2018.</p><p>The company reported record revenue in the third quarter ended Sep. 30, 2021, up 14.2% to $2.97 billion. Its gross margin increased 431 basis points to 36.1%, and its adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) jumped 32.7% to $288.0 million.</p><p>As a result, it upped its 2021 full-year adjusted EBITDA guidance to $922.5 million at the midpoint of its guidance, from $850 million previously.</p><p>I expect RVing to stay hot in 2022.</p><p>Stocks to Buy: British American Tobacco (BTI)</p><p><b>Market Capitalization:</b>$97.6 billion</p><p><b>Dividend Yield:</b>7.0%</p><p>When you’re putting together one of these income ladders, it’s nice to know you’ve always got a tobacco company in your back pocket to score you some income. Companies like British American Tobacco are virtual printing presses, even today.</p><p>As its investor relations page states, the company is transforming its business, so the impact on society from its products is lower. That means new products that are healthier for consumers but still provide growth.</p><p>As part of its focus on reducing the harm it inflicts on customers with its cigarettes, in 2019, BAT moved to simplify its non-combustible products by creating three global brands: Vuse vapor products, Velo oral products, and Glo tobacco heating products.</p><p>BAT invested more than $4 billion in developing these products. Its goal is to generate GBP 5 billion ($6.7 billion) from its New Categories segment by 2025. Through the first nine months of 2021, it added 3.6 million consumers of its non-combustible products, more than in the entire 2020.</p><p>The plan is working.</p><p>Add in investments made by tomorrow Ventures, the company’s venture capital arm, along with its 19.9% investment and partnership with Canada’s<b>OrganiGram</b>(NASDAQ:<b><u>OGI</u></b>), and you’ve got the makings of an entirely new business.</p><p>Golub Capital BDC (GBDC)</p><p><b>Market Capitalization:</b>$2.6 billion</p><p><b>Dividend Yield:</b>7.7%</p><p>Golub Capital BDC is a business development company. This means that it is required to distribute at least90%of its profits to shareholders to remain in compliance with Section 54 of the Investment Company Act of 1940.</p><p>It lends its capital to middle-market businesses, defined as having$100 million in annual EBITDA or less. It usually invests between $10 million and $75 million per company. It can go beyond $75 million in certain circumstances.</p><p>It’s been a good year for Golub Capital. The BDC’s total investments at fair value increased by 15% to $4.9 billion. That’s due to record loan originations in three out of four quarters in 2021. Its top three industries by weight are software (22%), healthcare providers (11%), and a tie between IT services (6%) and specialty retail (6%).</p><p>The company increased its quarterly distribution by a penny, with the December 2021 payment to30 cents. Its annual payment of $1.20 yields 7.7%.</p><p>Stocks to Buy: Rio Tinto (RIO)</p><p><b>Market Capitalization:</b>$122.5 billion</p><p><b>Dividend Yield:</b>9.3%</p><p>Although Rio Tinto’s history dates back to1873when a British-European investor group bought the Rio Tinto mines in Spain, the modern-day company got rolling when it merged with Australia’s CRA Limited to form one of the world’s largest mining companies.</p><p>Rio Tinto mines and produces iron ore, aluminum, copper, lithium, diamonds, and more.</p><p>In November 2021, the company became the sole owner of the Diavik Diamond Mine in Canada’s Northwest Territories after buying the remaining 40% from Dominion Diamond Mines. The diamond mine 6.2 million carats of rough diamonds annually.</p><p>In the first six months of fiscal 2021, Rio Tinto had free cash flow of$10.2 billion, 262% higher than in the same period a year earlier. Its underlying earnings were $12.2 billion, 156% higher YOY.</p><p>Of interest to income investors, Rio Tinto paid out a $1.85 per share special dividend in 2021’s first six months. That payout amounted to $3 billion.</p><p>Currently, the company generates75% of its EBITDAprofits from iron ore. It’s looking to change that by acquiring the Rincon lithium project in Argentina for $825 million. With electric vehicle production on the rise, lithium will become a valuable commodity.</p><p>This alone makes RIO stock an interesting bet.</p><p>Artisan Partners Asset Management (APAM)</p><p><b>Market Capitalization:</b>$3.3 billion</p><p><b>Dividend Yield:</b>10.3%</p><p>The Wisconsin-based asset manager made my October 2018 list ofhigh-value, high-yield growth stocks to buy. It’s up about 50%, not including dividends. Last summer, its shares were flirting with $60, but have since fallen back considerably.</p><p>As I stated back in 2018, I liked the fact employees owned a majority of the business. At the time, it had assets under management of$117 billion. Today, they are$175 billion.</p><p>The company’s revenues through Q3 2021 were$912.2 million, 43% higher than a year earlier. Its operating income increased 65% to $402.7 million from $244.8 million a year earlier.</p><p>The key to its business model is that the investment teams are given free rein to implement their investment strategies, which include growth, value, emerging markets, and credit.</p><p>In the first nine months of 2021, it paid out$203.4 million in dividends from operating cash flow of $404.2 million. It’s got more than enough cash flow to keep paying out dividends.</p><p>In 2021, it paid out$3.92 in regular dividends and another 31 cents for a special dividend in February 2021. It pays out approximately 80% of the cash it generates each quarter. Special dividends are paid out when cash flow is more robust than usual.</p><p>If you don’t mind the ebb and flow of dividend payments, APAM remains an excellent buy for income-focused investors.</p></body></html>","source":"lsy1606302653667","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>10 Best Stocks to Buy for Your Income-Generating Portfolio</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n10 Best Stocks to Buy for Your Income-Generating Portfolio\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-28 20:48 GMT+8 <a href=https://investorplace.com/2022/01/10-best-stocks-to-buy-for-your-income-generating-portfolio-axp-deo-bp-stor-cwh-rio-gbdc-apam/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With the Federal Reserve expected to start raising interest rates in March, some investors feel that this will make it more difficult to find winning stocks to buy. However, the idea that interest ...</p>\n\n<a href=\"https://investorplace.com/2022/01/10-best-stocks-to-buy-for-your-income-generating-portfolio-axp-deo-bp-stor-cwh-rio-gbdc-apam/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DEO":"帝亚吉欧","APAM":"Artisan Partners Asset Managemen","BP":"英国石油","STOR":"STORE Capital","BTI":"英美烟草","RIO":"力拓","CWH":"露营世界","AXP":"美国运通","GBDC":"Golub Capital BDC","PFE":"辉瑞"},"source_url":"https://investorplace.com/2022/01/10-best-stocks-to-buy-for-your-income-generating-portfolio-axp-deo-bp-stor-cwh-rio-gbdc-apam/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133806987","content_text":"With the Federal Reserve expected to start raising interest rates in March, some investors feel that this will make it more difficult to find winning stocks to buy. However, the idea that interest rates move markets is debatable.As rates rise, it’s possible that income-concerned investors will be less incentivized to buy dividend-paying stocks, opting to put some funds in short-term fixed-income securities or even covered-call exchange-traded funds, such as the Global X NASDAQ 100 Covered Call ETF(NASDAQ:QYLD), which writes call options on the Nasdaq-100 Index.In March 2020, I put together a list of10 stock recommendations for income-generating portfolios. Three months later, I did a revised version.The stocks chosen were part of an income ladder, rising from a 1% yield (1.41%) for Brookfield Asset Management(NYSE:BAM) to a much-riskier 16.49% yield for Icahn Enterprises(NASDAQ:IEP), billionaire Carl Icahn’s holding company. Both have delivered decent gains over the past 19 months.I thought it might be time to repeat my exercise of selecting 10 stocks yielding at or around 1%, 2%, 3%, all the way to 10% or beyond.American Express(NYSE:AXP)Diageo(NYSE:DEO)Pfizer(NYSE:PFE)BP(NYSE:BP)Store Capital(NYSE:STOR)Camping World Holdings(NYSE:CWH)British American Tobacco(NYSE:BTI)Golub Capital BDC(NASDAQ:GBDC)Rio Tinto(NYSE:RIO)Artisan Partners Asset Management(NYSE:APAM)The goal here is to generate a nice combination of income and capital gains from dividend-paying stocks over the long haul.Stocks to Buy: American Express (AXP)Market Capitalization:$135.8 billionDividend Yield:1.2%Financial services giant American Express reported Fourth-quarter results on Jan. 25. They were off-the-chart good with full-year revenue net of interest expense growing 17% year-over-year to $42.4 billion from $36.1 billion a year earlier. On the bottom line, net income jumped 161% higher to $8.1 billion versus $3.1 billion a year earlier.The company sees revenue growth of 19% at the midpoint of its guidance in 2022, with earnings per share of $9.45. Longer-term, it expects to grow revenues and profits by 10% and 15%, respectively.Most importantly, from an income perspective, AMEX will increase its quarterly dividend by 21% from 43 cents to 52 cents. The annual rate of $2.08 yields a reasonable 1.2%.After the results were released, Bank of America analyst Mihir Bhatiaupgraded AXP stock to “buy” from “neutral.” In a note to clients, the analyst wrote:The investments AXP has been making through the pandemic, in both card-member retention and acquisitions, are starting to yield results that should drive faster top-line growth and operating leverage in the near-to-medium term,MarketWatch reported.Diageo (DEO)Market Capitalization:$113.4 billionDividend Yield:2.0%Hot off the presses, Diageo reported its first-half sales on Jan. 27. Revenue rose 16% to GBP 8.0 billion ($10.7 billion) from GBP 6.9 billion ($9.2 billion) a year earlier. Further down the income statement, the liquor giant had an operating profit excluding exceptional items of GBP 2.74 billion ($3.66 billion), up 21.2% from GBP 2.26 billion ($3.02) a year earlier.During the pandemic, the maker of Johnnie Walker scotch, Tanqueray gin, Captain Morgan rum and many other famous brands said consumers stocked up the home bar, leading to solid growth. Now that things are reopening, it’s time for bars and restaurants to step up their orders.The pandemic proved that in good times or bad, people are still going to have a drink. This makes Diageo not only a decent income generator but also a nice defensive stock in volatile times.Stocks to Buy: Pfizer (PFE)Market Capitalization:$297.5 billionDividend Yield:3.0%There is no question that Covid-19 has been a godsend for pharmaceutical giant Pfizer. The company expects to generate$36 billion in revenue in fiscal 2021. In the third quarter ended Oct. 3, 2021, its vaccine revenue accounted for 60% of its sales.For all of 2021, vaccines will account for approximately 44% of its $81.5 billion in projected revenue. In 2022, vaccine revenue is expected to moderate, hitting $29 billion for the fiscal year. That’s still a significant sum.In a rare disappointment, Pfizer’s treatment for pediatric growth hormone deficiency, developed in partnership with Opko Health(NASDAQ:OPK), was recently rejected by the U.S. Food and Drug Administration (FDA). Already approved in several countries, including Canada, the FDA’s rejection took the company by surprise. However, it is working with the agency to see how it can get the treatment’s ultimate approval.If you think Pfizer is only a vaccine maker, think again.Scotia Wealth portfolio manager Stan Wong recently discussed the company’s strengths with the Cantech Letter.“I like Pfizer not because of the COVID-19 vaccines and antiviral drugs but their pipeline is really rapidly improving with several recent drug launches that have been very successful,”Cantech Letter reported. He said their cardiovascular drug seems to be very promising, expecting it to add to revenue and earnings going forward “in a major way.”BP (BP)Market Capitalization:$103.4 billionDividend Yield:4.1%I’ve never been a fan of companies that peddle fossil fuels. I don’t like what they’re doing to the environment. However, until the world can fully transition to energy sources that don’t require fossil fuels, we are stuck with BP and its ilk.Energy stocks haven’t done too well in recent years, another reason to avoid them, but there’s no question that they’re firing on all cylinders heading into 2022. Revenues are up. Profits are up. Life is good.Of the big oil companies, I’m leaning toward BP stock because of the company’s realistic view of the energy sector’s future. It’s not in oil; let’s put it that way.In September 2021,Reuters reported on BP CEO Bernard Looney’s plans to transition its business to renewable energy:“He aims to slash BP’s output by 40%, or about 1 million barrels per day, an amount equal to the UK’s entire daily output in 2019. At the same time, BP would boost its capacity to generate electricity from renewable sources to 50 gigawatts, a 20-fold increase and equivalent to the power produced by 50 U.S. nuclear plants,”Reuters reported.By investing in BP stock, you get to be on the right side of climate change, while making 4% on your money. What’s not to like?Stocks to Buy: Store Capital (STOR)Market Capitalization:$8.3 billionDividend Yield:5.0%This real estate investment trust (REIT) is probably best known because Berkshire Hathaway(NYSE:BRK.A, NYSE:BRK.B) is one of Store Capital’s largest shareholders at 9.04%. Only two other institutions own more. However, don’t get too excited. Warren Buffett’s stake in the REIT accounts for just0.2%of the holding company’s $336 billion equity securities portfolio.If you’re not familiar with Store Capital, it owns and manages single-tenant operational real estate. Its 2,788 properties are spread over 49 states, involving538 companies. Its occupancy rate is a high 99.4%.The REIT’s Q3 2021 presentation points out that its target market is almost 215,000 companies. It’s dealing with the cream of the crop. This allows it to be selective in who it does business with.Camping World, one of the names on my list, is one of its top 10 customers. The top 10 accounts for 18.7% of the total base rent and 13.6% of the total properties.Over the past six years, it’s grown its adjusted funds from operations by 5.1% per annum. That’s led to a 6.8% annual increase in its dividend.STOR stock is not sexy but its business model works.Camping World Holdings (CWH)Market Capitalization:$2.8 billionDividend Yield:6.1%On Jan. 24, Camping Worldannouncedan increase in its share repurchase program. The largest retailer of recreational vehicles (RVs) in the U.S. originally approved a $225 million buyback in October 2020.It’s bought back approximately $177 million of that. The announcement provides an additional $152.7 million to its repurchase program. It now has roughly $200 million outstanding.How’s it done repurchasing its shares? In the first nine months of 2021, it bought back$86.8 million of its stock at an average price of $39.30. Based on its current share price, it’s underwater by 17% on those purchases.Typically, I’m against share repurchases because companies aren’t very good at knowing when their share prices are cheap. I believe that CWH stock is severely undervalued, so I’ll make an exception. It trades at 0.22x sales, the lowest multiple since 2018.The company reported record revenue in the third quarter ended Sep. 30, 2021, up 14.2% to $2.97 billion. Its gross margin increased 431 basis points to 36.1%, and its adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) jumped 32.7% to $288.0 million.As a result, it upped its 2021 full-year adjusted EBITDA guidance to $922.5 million at the midpoint of its guidance, from $850 million previously.I expect RVing to stay hot in 2022.Stocks to Buy: British American Tobacco (BTI)Market Capitalization:$97.6 billionDividend Yield:7.0%When you’re putting together one of these income ladders, it’s nice to know you’ve always got a tobacco company in your back pocket to score you some income. Companies like British American Tobacco are virtual printing presses, even today.As its investor relations page states, the company is transforming its business, so the impact on society from its products is lower. That means new products that are healthier for consumers but still provide growth.As part of its focus on reducing the harm it inflicts on customers with its cigarettes, in 2019, BAT moved to simplify its non-combustible products by creating three global brands: Vuse vapor products, Velo oral products, and Glo tobacco heating products.BAT invested more than $4 billion in developing these products. Its goal is to generate GBP 5 billion ($6.7 billion) from its New Categories segment by 2025. Through the first nine months of 2021, it added 3.6 million consumers of its non-combustible products, more than in the entire 2020.The plan is working.Add in investments made by tomorrow Ventures, the company’s venture capital arm, along with its 19.9% investment and partnership with Canada’sOrganiGram(NASDAQ:OGI), and you’ve got the makings of an entirely new business.Golub Capital BDC (GBDC)Market Capitalization:$2.6 billionDividend Yield:7.7%Golub Capital BDC is a business development company. This means that it is required to distribute at least90%of its profits to shareholders to remain in compliance with Section 54 of the Investment Company Act of 1940.It lends its capital to middle-market businesses, defined as having$100 million in annual EBITDA or less. It usually invests between $10 million and $75 million per company. It can go beyond $75 million in certain circumstances.It’s been a good year for Golub Capital. The BDC’s total investments at fair value increased by 15% to $4.9 billion. That’s due to record loan originations in three out of four quarters in 2021. Its top three industries by weight are software (22%), healthcare providers (11%), and a tie between IT services (6%) and specialty retail (6%).The company increased its quarterly distribution by a penny, with the December 2021 payment to30 cents. Its annual payment of $1.20 yields 7.7%.Stocks to Buy: Rio Tinto (RIO)Market Capitalization:$122.5 billionDividend Yield:9.3%Although Rio Tinto’s history dates back to1873when a British-European investor group bought the Rio Tinto mines in Spain, the modern-day company got rolling when it merged with Australia’s CRA Limited to form one of the world’s largest mining companies.Rio Tinto mines and produces iron ore, aluminum, copper, lithium, diamonds, and more.In November 2021, the company became the sole owner of the Diavik Diamond Mine in Canada’s Northwest Territories after buying the remaining 40% from Dominion Diamond Mines. The diamond mine 6.2 million carats of rough diamonds annually.In the first six months of fiscal 2021, Rio Tinto had free cash flow of$10.2 billion, 262% higher than in the same period a year earlier. Its underlying earnings were $12.2 billion, 156% higher YOY.Of interest to income investors, Rio Tinto paid out a $1.85 per share special dividend in 2021’s first six months. That payout amounted to $3 billion.Currently, the company generates75% of its EBITDAprofits from iron ore. It’s looking to change that by acquiring the Rincon lithium project in Argentina for $825 million. With electric vehicle production on the rise, lithium will become a valuable commodity.This alone makes RIO stock an interesting bet.Artisan Partners Asset Management (APAM)Market Capitalization:$3.3 billionDividend Yield:10.3%The Wisconsin-based asset manager made my October 2018 list ofhigh-value, high-yield growth stocks to buy. It’s up about 50%, not including dividends. Last summer, its shares were flirting with $60, but have since fallen back considerably.As I stated back in 2018, I liked the fact employees owned a majority of the business. At the time, it had assets under management of$117 billion. Today, they are$175 billion.The company’s revenues through Q3 2021 were$912.2 million, 43% higher than a year earlier. Its operating income increased 65% to $402.7 million from $244.8 million a year earlier.The key to its business model is that the investment teams are given free rein to implement their investment strategies, which include growth, value, emerging markets, and credit.In the first nine months of 2021, it paid out$203.4 million in dividends from operating cash flow of $404.2 million. It’s got more than enough cash flow to keep paying out dividends.In 2021, it paid out$3.92 in regular dividends and another 31 cents for a special dividend in February 2021. It pays out approximately 80% of the cash it generates each quarter. Special dividends are paid out when cash flow is more robust than usual.If you don’t mind the ebb and flow of dividend payments, APAM remains an excellent buy for income-focused investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":697857581,"gmtCreate":1642415185040,"gmtModify":1642415185117,"author":{"id":"3586343950289208","authorId":"3586343950289208","name":"Thila","avatar":"https://static.tigerbbs.com/362b7c970c5fb57851fa8a79afe15cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CFA.SI\">$NikkoAM-STC Asia REIT(CFA.SI)$</a>very nicer mm","listText":"<a href=\"https://laohu8.com/S/CFA.SI\">$NikkoAM-STC Asia REIT(CFA.SI)$</a>very nicer mm","text":"$NikkoAM-STC Asia REIT(CFA.SI)$very nicer mm","images":[{"img":"https://static.tigerbbs.com/5b228103638a34fdef532b0112f35bb0","width":"1080","height":"2351"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/697857581","isVote":1,"tweetType":1,"viewCount":482,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":878978848,"gmtCreate":1637143595149,"gmtModify":1637143595149,"author":{"id":"3586343950289208","authorId":"3586343950289208","name":"Thila","avatar":"https://static.tigerbbs.com/362b7c970c5fb57851fa8a79afe15cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878978848","repostId":"1131115107","repostType":4,"repost":{"id":"1131115107","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1637143503,"share":"https://www.laohu8.com/m/news/1131115107?lang=&edition=full","pubTime":"2021-11-17 18:05","market":"us","language":"en","title":"Bilibili slid over 5% in premarket trading as its net loss was RMB2,686.3 million","url":"https://stock-news.laohu8.com/highlight/detail?id=1131115107","media":"Tiger Newspress","summary":"Bilibili slid over 5% in premarket trading as its net loss was RMB2,686.3 million.\n\nThird Quarter 20","content":"<p>Bilibili slid over 5% in premarket trading as its net loss was RMB2,686.3 million.</p>\n<p><img src=\"https://static.tigerbbs.com/2c3a341dd401439bc57670cc2be26245\" tg-width=\"766\" tg-height=\"563\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Third Quarter 2021 Highlights:</b></p>\n<ul>\n <li><b>Total net revenues</b>reached RMB5,206.6 million (US$808.0 million), a 61% increase from the same period in 2020.</li>\n <li><b>Average monthly active users (MAUs)</b>reached 267.2 million, and mobile MAUs reached 249.9 million, representing increases of 35% and 36%, respectively, from the same period in 2020.</li>\n <li><b>Average daily active users (DAUs)</b>reached 72.1 million, a 35% increase from the same period in 2020.</li>\n <li><b>Average monthly paying users (MPUs1)</b>reached 23.9 million, a 59% increase from the same period in 2020.</li>\n</ul>\n<p><b>Third Quarter 2021 Financial Results</b></p>\n<p><b>Total net revenues.</b>Total net revenues were RMB5,206.6 million (US$808.0 million), representing an increase of 61% from the same period of 2020.</p>\n<p><i>Mobile games.</i>Revenues from mobile games were RMB1,391.7 million (US$216.0 million), representing an increase of 9% from the same period of 2020.</p>\n<p><i>Value-added services (VAS).</i>Revenues from VAS were RMB1,908.9 million (US$296.3 million), representing an increase of 95% from the same period of 2020, mainly attributable to the Company’s enhanced monetization efforts, led by an increased number of paying users for the Company’s value-added services including the premium membership program, live broadcasting services and other value-added services.</p>\n<p><i>Advertising.</i>Revenues from advertising were RMB1,172.0 million (US$181.9 million), representing an increase of 110% from the same period of 2020. This increase was primarily attributable to further recognition of Bilibili’s brand name in China’s online advertising market, as well as Bilibili’s improved advertising efficiency.</p>\n<p><i>E-commerce and others.</i>Revenues from e-commerce and others were RMB734.0 million (US$113.9 million), representing an increase of 78% from the same period of 2020, primarily attributable to the increase in sales of products through the Company’s e-commerce platform.</p>\n<p><b>Cost of revenues.</b>Cost of revenues was RMB4,188.1 million (US$650.0 million), representing an increase of 70%, compared with the same period of 2020. Revenue-sharing cost, a key component of cost of revenues, was RMB2,157.5 million (US$334.8 million), representing an increase of 83% from the same period in 2020.</p>\n<p><b>Gross profit.</b>Gross profit was RMB1,018.5 million (US$158.1 million), representing an increase of 34% from the same period in 2020, which was primarily due to increased net revenues.</p>\n<p><b>Total operating expenses.</b>Total operating expenses were RMB2,896.5 million (US$449.5 million), representing an increase of 57% from the same period of 2020.</p>\n<p><i>Sales and marketing expenses.</i>Sales and marketing expenses were RMB1,633.3 million (US$253.5 million), representing a 37% increase year-over-year. The increase was primarily attributable to increased channel and marketing expenses to promote Bilibili’s app and brand, as well as promotional expenses for the Company’s mobile games and an increase in headcount in sales and marketing personnel.</p>\n<p><i>General and administrative expenses.</i>General and administrative expenses were RMB474.9 million (US$73.7 million), representing an 87% increase year-over-year. The increase was primarily due to increased headcount in general and administrative personnel, increased share-based compensation expenses, higher rental expenses and other general and administrative expenses.</p>\n<p><i>Research and development expenses.</i>Research and development expenses were RMB788.3 million (US$122.3 million), representing a 97% increase year-over-year. The increase was primarily due to increased headcount in research and development personnel and increased share-based compensation expenses.</p>\n<p><b>Loss from operations.</b>Loss from operations was RMB1,878.0 million (US$291.5 million), compared with RMB1,083.3 million in the same period of 2020.</p>\n<p><b>Investment income/(loss), net.</b>Net investment income/(loss) primarily included return earned on financial products issued by banks and other financial institutions, return from investments in money market funds, and the fair value change of investments in publicly traded companies. Net investment loss was RMB724.3 million (US$112.4 million), compared with net investment income of RMB14.2 million in the same period of 2020. The change was mainly attributable to the fair value change of investments in publicly traded companies.</p>\n<p><b>Income tax expense.</b>Income tax expense was RMB28.3 million (US$4.4 million), compared with RMB17.3 million in the same period of 2020.</p>\n<p><b>Net loss.</b>Net loss was RMB2,686.3 million (US$416.9 million), compared with RMB1,100.9 million in the same period of 2020.</p>\n<p><b>Adjusted net loss2.</b>Adjusted net loss, which is a non-GAAP measure that excludes share-based compensation expenses, amortization expense related to intangible assets acquired through business acquisitions, income tax related to intangible assets acquired through business acquisitions and loss/(gain) on fair value change in investments in publicly traded companies, was RMB1,622.0 million (US$251.7 million), compared to RMB967.1 million in the same period of 2020.</p>\n<p><b>Basic and diluted EPS and adjustedbasic and diluted EPS2</b>. Basic and diluted net loss per share were RMB6.90 (US$1.07), compared with RMB3.08 in the same period of 2020. Adjusted basic and diluted net loss per share were RMB4.16 (US$0.65), compared with RMB2.70 in the same period of 2020.</p>\n<p><b>Cash and cash equivalents, time deposits and short-term investments.</b>As of September 30, 2021, the Company had cash and cash equivalents, time deposits, and short-term investments of RMB24.4 billion (US$3.8 billion), compared with RMB12.8 billion as of December 31, 2020.</p>\n<p><b>Outlook</b></p>\n<p>For the fourth quarter of 2021, the Company currently expects net revenues to be between RMB5.7 billion and RMB5.8 billion.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bilibili slid over 5% in premarket trading as its net loss was RMB2,686.3 million</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBilibili slid over 5% in premarket trading as its net loss was RMB2,686.3 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-17 18:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Bilibili slid over 5% in premarket trading as its net loss was RMB2,686.3 million.</p>\n<p><img src=\"https://static.tigerbbs.com/2c3a341dd401439bc57670cc2be26245\" tg-width=\"766\" tg-height=\"563\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Third Quarter 2021 Highlights:</b></p>\n<ul>\n <li><b>Total net revenues</b>reached RMB5,206.6 million (US$808.0 million), a 61% increase from the same period in 2020.</li>\n <li><b>Average monthly active users (MAUs)</b>reached 267.2 million, and mobile MAUs reached 249.9 million, representing increases of 35% and 36%, respectively, from the same period in 2020.</li>\n <li><b>Average daily active users (DAUs)</b>reached 72.1 million, a 35% increase from the same period in 2020.</li>\n <li><b>Average monthly paying users (MPUs1)</b>reached 23.9 million, a 59% increase from the same period in 2020.</li>\n</ul>\n<p><b>Third Quarter 2021 Financial Results</b></p>\n<p><b>Total net revenues.</b>Total net revenues were RMB5,206.6 million (US$808.0 million), representing an increase of 61% from the same period of 2020.</p>\n<p><i>Mobile games.</i>Revenues from mobile games were RMB1,391.7 million (US$216.0 million), representing an increase of 9% from the same period of 2020.</p>\n<p><i>Value-added services (VAS).</i>Revenues from VAS were RMB1,908.9 million (US$296.3 million), representing an increase of 95% from the same period of 2020, mainly attributable to the Company’s enhanced monetization efforts, led by an increased number of paying users for the Company’s value-added services including the premium membership program, live broadcasting services and other value-added services.</p>\n<p><i>Advertising.</i>Revenues from advertising were RMB1,172.0 million (US$181.9 million), representing an increase of 110% from the same period of 2020. This increase was primarily attributable to further recognition of Bilibili’s brand name in China’s online advertising market, as well as Bilibili’s improved advertising efficiency.</p>\n<p><i>E-commerce and others.</i>Revenues from e-commerce and others were RMB734.0 million (US$113.9 million), representing an increase of 78% from the same period of 2020, primarily attributable to the increase in sales of products through the Company’s e-commerce platform.</p>\n<p><b>Cost of revenues.</b>Cost of revenues was RMB4,188.1 million (US$650.0 million), representing an increase of 70%, compared with the same period of 2020. Revenue-sharing cost, a key component of cost of revenues, was RMB2,157.5 million (US$334.8 million), representing an increase of 83% from the same period in 2020.</p>\n<p><b>Gross profit.</b>Gross profit was RMB1,018.5 million (US$158.1 million), representing an increase of 34% from the same period in 2020, which was primarily due to increased net revenues.</p>\n<p><b>Total operating expenses.</b>Total operating expenses were RMB2,896.5 million (US$449.5 million), representing an increase of 57% from the same period of 2020.</p>\n<p><i>Sales and marketing expenses.</i>Sales and marketing expenses were RMB1,633.3 million (US$253.5 million), representing a 37% increase year-over-year. The increase was primarily attributable to increased channel and marketing expenses to promote Bilibili’s app and brand, as well as promotional expenses for the Company’s mobile games and an increase in headcount in sales and marketing personnel.</p>\n<p><i>General and administrative expenses.</i>General and administrative expenses were RMB474.9 million (US$73.7 million), representing an 87% increase year-over-year. The increase was primarily due to increased headcount in general and administrative personnel, increased share-based compensation expenses, higher rental expenses and other general and administrative expenses.</p>\n<p><i>Research and development expenses.</i>Research and development expenses were RMB788.3 million (US$122.3 million), representing a 97% increase year-over-year. The increase was primarily due to increased headcount in research and development personnel and increased share-based compensation expenses.</p>\n<p><b>Loss from operations.</b>Loss from operations was RMB1,878.0 million (US$291.5 million), compared with RMB1,083.3 million in the same period of 2020.</p>\n<p><b>Investment income/(loss), net.</b>Net investment income/(loss) primarily included return earned on financial products issued by banks and other financial institutions, return from investments in money market funds, and the fair value change of investments in publicly traded companies. Net investment loss was RMB724.3 million (US$112.4 million), compared with net investment income of RMB14.2 million in the same period of 2020. The change was mainly attributable to the fair value change of investments in publicly traded companies.</p>\n<p><b>Income tax expense.</b>Income tax expense was RMB28.3 million (US$4.4 million), compared with RMB17.3 million in the same period of 2020.</p>\n<p><b>Net loss.</b>Net loss was RMB2,686.3 million (US$416.9 million), compared with RMB1,100.9 million in the same period of 2020.</p>\n<p><b>Adjusted net loss2.</b>Adjusted net loss, which is a non-GAAP measure that excludes share-based compensation expenses, amortization expense related to intangible assets acquired through business acquisitions, income tax related to intangible assets acquired through business acquisitions and loss/(gain) on fair value change in investments in publicly traded companies, was RMB1,622.0 million (US$251.7 million), compared to RMB967.1 million in the same period of 2020.</p>\n<p><b>Basic and diluted EPS and adjustedbasic and diluted EPS2</b>. Basic and diluted net loss per share were RMB6.90 (US$1.07), compared with RMB3.08 in the same period of 2020. Adjusted basic and diluted net loss per share were RMB4.16 (US$0.65), compared with RMB2.70 in the same period of 2020.</p>\n<p><b>Cash and cash equivalents, time deposits and short-term investments.</b>As of September 30, 2021, the Company had cash and cash equivalents, time deposits, and short-term investments of RMB24.4 billion (US$3.8 billion), compared with RMB12.8 billion as of December 31, 2020.</p>\n<p><b>Outlook</b></p>\n<p>For the fourth quarter of 2021, the Company currently expects net revenues to be between RMB5.7 billion and RMB5.8 billion.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BILI":"哔哩哔哩"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131115107","content_text":"Bilibili slid over 5% in premarket trading as its net loss was RMB2,686.3 million.\n\nThird Quarter 2021 Highlights:\n\nTotal net revenuesreached RMB5,206.6 million (US$808.0 million), a 61% increase from the same period in 2020.\nAverage monthly active users (MAUs)reached 267.2 million, and mobile MAUs reached 249.9 million, representing increases of 35% and 36%, respectively, from the same period in 2020.\nAverage daily active users (DAUs)reached 72.1 million, a 35% increase from the same period in 2020.\nAverage monthly paying users (MPUs1)reached 23.9 million, a 59% increase from the same period in 2020.\n\nThird Quarter 2021 Financial Results\nTotal net revenues.Total net revenues were RMB5,206.6 million (US$808.0 million), representing an increase of 61% from the same period of 2020.\nMobile games.Revenues from mobile games were RMB1,391.7 million (US$216.0 million), representing an increase of 9% from the same period of 2020.\nValue-added services (VAS).Revenues from VAS were RMB1,908.9 million (US$296.3 million), representing an increase of 95% from the same period of 2020, mainly attributable to the Company’s enhanced monetization efforts, led by an increased number of paying users for the Company’s value-added services including the premium membership program, live broadcasting services and other value-added services.\nAdvertising.Revenues from advertising were RMB1,172.0 million (US$181.9 million), representing an increase of 110% from the same period of 2020. This increase was primarily attributable to further recognition of Bilibili’s brand name in China’s online advertising market, as well as Bilibili’s improved advertising efficiency.\nE-commerce and others.Revenues from e-commerce and others were RMB734.0 million (US$113.9 million), representing an increase of 78% from the same period of 2020, primarily attributable to the increase in sales of products through the Company’s e-commerce platform.\nCost of revenues.Cost of revenues was RMB4,188.1 million (US$650.0 million), representing an increase of 70%, compared with the same period of 2020. Revenue-sharing cost, a key component of cost of revenues, was RMB2,157.5 million (US$334.8 million), representing an increase of 83% from the same period in 2020.\nGross profit.Gross profit was RMB1,018.5 million (US$158.1 million), representing an increase of 34% from the same period in 2020, which was primarily due to increased net revenues.\nTotal operating expenses.Total operating expenses were RMB2,896.5 million (US$449.5 million), representing an increase of 57% from the same period of 2020.\nSales and marketing expenses.Sales and marketing expenses were RMB1,633.3 million (US$253.5 million), representing a 37% increase year-over-year. The increase was primarily attributable to increased channel and marketing expenses to promote Bilibili’s app and brand, as well as promotional expenses for the Company’s mobile games and an increase in headcount in sales and marketing personnel.\nGeneral and administrative expenses.General and administrative expenses were RMB474.9 million (US$73.7 million), representing an 87% increase year-over-year. The increase was primarily due to increased headcount in general and administrative personnel, increased share-based compensation expenses, higher rental expenses and other general and administrative expenses.\nResearch and development expenses.Research and development expenses were RMB788.3 million (US$122.3 million), representing a 97% increase year-over-year. The increase was primarily due to increased headcount in research and development personnel and increased share-based compensation expenses.\nLoss from operations.Loss from operations was RMB1,878.0 million (US$291.5 million), compared with RMB1,083.3 million in the same period of 2020.\nInvestment income/(loss), net.Net investment income/(loss) primarily included return earned on financial products issued by banks and other financial institutions, return from investments in money market funds, and the fair value change of investments in publicly traded companies. Net investment loss was RMB724.3 million (US$112.4 million), compared with net investment income of RMB14.2 million in the same period of 2020. The change was mainly attributable to the fair value change of investments in publicly traded companies.\nIncome tax expense.Income tax expense was RMB28.3 million (US$4.4 million), compared with RMB17.3 million in the same period of 2020.\nNet loss.Net loss was RMB2,686.3 million (US$416.9 million), compared with RMB1,100.9 million in the same period of 2020.\nAdjusted net loss2.Adjusted net loss, which is a non-GAAP measure that excludes share-based compensation expenses, amortization expense related to intangible assets acquired through business acquisitions, income tax related to intangible assets acquired through business acquisitions and loss/(gain) on fair value change in investments in publicly traded companies, was RMB1,622.0 million (US$251.7 million), compared to RMB967.1 million in the same period of 2020.\nBasic and diluted EPS and adjustedbasic and diluted EPS2. Basic and diluted net loss per share were RMB6.90 (US$1.07), compared with RMB3.08 in the same period of 2020. Adjusted basic and diluted net loss per share were RMB4.16 (US$0.65), compared with RMB2.70 in the same period of 2020.\nCash and cash equivalents, time deposits and short-term investments.As of September 30, 2021, the Company had cash and cash equivalents, time deposits, and short-term investments of RMB24.4 billion (US$3.8 billion), compared with RMB12.8 billion as of December 31, 2020.\nOutlook\nFor the fourth quarter of 2021, the Company currently expects net revenues to be between RMB5.7 billion and RMB5.8 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":304,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":824128493,"gmtCreate":1634292474761,"gmtModify":1634292474761,"author":{"id":"3586343950289208","authorId":"3586343950289208","name":"Thila","avatar":"https://static.tigerbbs.com/362b7c970c5fb57851fa8a79afe15cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/824128493","repostId":"1128641889","repostType":4,"repost":{"id":"1128641889","pubTimestamp":1634227362,"share":"https://www.laohu8.com/m/news/1128641889?lang=&edition=full","pubTime":"2021-10-15 00:02","market":"us","language":"en","title":"Tesla Is the World’s Most Valuable Car Stock. Even the Haters Think So.","url":"https://stock-news.laohu8.com/highlight/detail?id=1128641889","media":"Barrons","summary":"Tesla is the world’s most valuable car stock. Even the bears admit it.Thursday, Barclays analyst Brian Johnson raised his price target for Tesla stock to $300 from $230. He still rates shares the equivalent of Sell, though. And Tesla stock closed Thursday at $818.32—nowhere near $300. Still, his price target was bumped to an important level in one respect.At $300, Johnson is saying that Tesla stock is worth about $300 billion. That’s more than Toyota Motor’s market capitalization of about $28","content":"<p>Tesla is the world’s most valuable car stock. Even the bears admit it.</p>\n<p>Thursday, Barclays analyst Brian Johnson raised his price target for Tesla (ticker: TSLA) stock to $300 from $230. He still rates shares the equivalent of Sell, though. And Tesla stock closed Thursday at $818.32—nowhere near $300. Still, his price target was bumped to an important level in one respect.</p>\n<p>At $300, Johnson is saying that Tesla stock is worth about $300 billion. (Tesla has about 1 billion shares outstanding, making the math easy.) That’s more than Toyota Motor’s (TM) market capitalization of about $287 billion. Another analyst now believes there is no more valuable car company than Tesla.</p>\n<p>Tesla remains a very controversial stock on Wall Street. Analyst price targets—even removing the top and bottom targets to reduce skew—range from $150 to $1,080 a share. The $930 bull-bear spread is more than 100% of the current stock price and two to three times wider than the average spread for large stocks.</p>\n<p>The bull-bear spread for Microsoft (MSFT), for instance, is about $100 a share or roughly 33% of the stock’s recent $296.31 price.</p>\n<p>The Tesla controversy boils down, in large part, to a debate about what Tesla is. Bears believe it is a car company and that competition will erode its margins and slow its growth. Bulls believe Tesla is a platform tech company with many businesses—such as stationary power—along with its core car operations and that Tesla’s lead over automotive peers in things such as autonomous driving and battery management software will enable high growth for a decade while maintaining leading EV market share.</p>\n<p>Johnson, for his part, is a traditional auto analyst covering more than 20 companies. He appears to fall in the former camp. He rates General Motors (GM) and Ford Motor (F) stock Buy. Those two stocks trade for single-digit price-to-earnings ratios. Tesla trades for roughly 100 times estimated 2022 earnings.</p>\n<p>He raised his price target because, despite believing the company is overvalued, things are looking good going into the third-quarter earnings release due October 20.</p>\n<p>For the third quarter, Wall Street is looking for about $1.50 in per-share earnings from $13.5 billion in sales. The company earned $1.45 in adjusted per-share earnings from $12 billion in sales during the second quarter.</p>\n<p>Tesla stock has been on a strong run, reflecting the good setup into earnings. Shares are up about 21% over the past three months. The S&P 500 and Dow Jones Industrial Average are both down slightly over the same span.</p>\n<p>Its stock rose 0.4% to $821.75 in premarket trading.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Is the World’s Most Valuable Car Stock. Even the Haters Think So.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Is the World’s Most Valuable Car Stock. Even the Haters Think So.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-15 00:02 GMT+8 <a href=https://www.barrons.com/articles/tesla-stock-price-51634217724?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla is the world’s most valuable car stock. Even the bears admit it.\nThursday, Barclays analyst Brian Johnson raised his price target for Tesla (ticker: TSLA) stock to $300 from $230. He still rates...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-stock-price-51634217724?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-price-51634217724?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128641889","content_text":"Tesla is the world’s most valuable car stock. Even the bears admit it.\nThursday, Barclays analyst Brian Johnson raised his price target for Tesla (ticker: TSLA) stock to $300 from $230. He still rates shares the equivalent of Sell, though. And Tesla stock closed Thursday at $818.32—nowhere near $300. Still, his price target was bumped to an important level in one respect.\nAt $300, Johnson is saying that Tesla stock is worth about $300 billion. (Tesla has about 1 billion shares outstanding, making the math easy.) That’s more than Toyota Motor’s (TM) market capitalization of about $287 billion. Another analyst now believes there is no more valuable car company than Tesla.\nTesla remains a very controversial stock on Wall Street. Analyst price targets—even removing the top and bottom targets to reduce skew—range from $150 to $1,080 a share. The $930 bull-bear spread is more than 100% of the current stock price and two to three times wider than the average spread for large stocks.\nThe bull-bear spread for Microsoft (MSFT), for instance, is about $100 a share or roughly 33% of the stock’s recent $296.31 price.\nThe Tesla controversy boils down, in large part, to a debate about what Tesla is. Bears believe it is a car company and that competition will erode its margins and slow its growth. Bulls believe Tesla is a platform tech company with many businesses—such as stationary power—along with its core car operations and that Tesla’s lead over automotive peers in things such as autonomous driving and battery management software will enable high growth for a decade while maintaining leading EV market share.\nJohnson, for his part, is a traditional auto analyst covering more than 20 companies. He appears to fall in the former camp. He rates General Motors (GM) and Ford Motor (F) stock Buy. Those two stocks trade for single-digit price-to-earnings ratios. Tesla trades for roughly 100 times estimated 2022 earnings.\nHe raised his price target because, despite believing the company is overvalued, things are looking good going into the third-quarter earnings release due October 20.\nFor the third quarter, Wall Street is looking for about $1.50 in per-share earnings from $13.5 billion in sales. The company earned $1.45 in adjusted per-share earnings from $12 billion in sales during the second quarter.\nTesla stock has been on a strong run, reflecting the good setup into earnings. Shares are up about 21% over the past three months. The S&P 500 and Dow Jones Industrial Average are both down slightly over the same span.\nIts stock rose 0.4% to $821.75 in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":498,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":824128209,"gmtCreate":1634292447091,"gmtModify":1634292447091,"author":{"id":"3586343950289208","authorId":"3586343950289208","name":"Thila","avatar":"https://static.tigerbbs.com/362b7c970c5fb57851fa8a79afe15cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SADL\">$Sadlier (WILLIAM H.), Inc.(SADL)$</a>vintersting","listText":"<a href=\"https://laohu8.com/S/SADL\">$Sadlier (WILLIAM H.), Inc.(SADL)$</a>vintersting","text":"$Sadlier (WILLIAM H.), Inc.(SADL)$vintersting","images":[{"img":"https://static.tigerbbs.com/012c55a8ba8c83ad88d27bc70d7d2b10","width":"1080","height":"2429"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/824128209","isVote":1,"tweetType":1,"viewCount":452,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":829513028,"gmtCreate":1633526348894,"gmtModify":1633526348981,"author":{"id":"3586343950289208","authorId":"3586343950289208","name":"Thila","avatar":"https://static.tigerbbs.com/362b7c970c5fb57851fa8a79afe15cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please thanks","listText":"Like please thanks","text":"Like please thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/829513028","repostId":"1126487365","repostType":4,"repost":{"id":"1126487365","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1633520016,"share":"https://www.laohu8.com/m/news/1126487365?lang=&edition=full","pubTime":"2021-10-06 19:33","market":"us","language":"en","title":"Toplines Before US Market Open on Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1126487365","media":"Tiger Newspress","summary":"S&P 500 futures skid, bond yields rise as high energy prices add to jitters over inflation.\n\n(Oct 6)","content":"<blockquote>\n <b>S&P 500 futures skid, bond yields rise as high energy prices add to jitters over inflation.</b>\n</blockquote>\n<p>(Oct 6) U.S. stock futures fell and bond yields rose Wednesday, pointing to another bumpy day on Wall Street as investors gird for a spell of higher inflation, driven by roaring energy markets.</p>\n<p>At 7:37 a.m. ET, Dow E-minis were down 310 points, or 0.91%, S&P 500 E-minis fell 47.5 points, or 1.10% and Nasdaq 100 E-minis plunged 188.25 points, or 1.28%.</p>\n<p><img src=\"https://static.tigerbbs.com/fc69d57f4c74ab1ed14a8b1a1ad68b72\" tg-width=\"1223\" tg-height=\"492\" referrerpolicy=\"no-referrer\"></p>\n<p>Here’s what we’re watching ahead of Wednesday’s open.</p>\n<ul>\n <li>Palantir TechnologiesPLTR0.17%jumped 8.3% ahead of the opening bell. The data-software company said it was selected for a U.S. Army intelligence program contract.</li>\n <li>FacebookFB2.06%shares ticked 1.4% lower premarket after the company spent a day in the headlines amid a whistleblower’s testimony on Capitol Hill and a widespread outage of its services.</li>\n <li>But the downdraft in major tech shares was hitting most of the giants.MicrosoftMSFT2.00%slipped 1.3% premarket,AppleAAPL1.42%shed 1.4%, Google-parentAlphabetGOOG1.80%fell 1.5%,NetflixNFLX5.21%gave up 0.9% andIntelINTC0.90%lost 1.3%.</li>\n</ul>\n<ul>\n <li>Cryptocurrencies turbo-charged by Tesla CEO Elon Musk got another boost Wednesday. The token Shiba Inu gained 65% over the previous 24 hours, adding to a days-long rally after Mr. Musk posted a new photo of his Shiba Inu puppy named Floki on Monday. The coin now has a market value of $8.5 billion, making it the twentieth largest cryptocurrency, according to CoinMarketCap.com. Dogecoin, a favorite of Mr. Musk’s, also rose 3.8% over the previous 24 hours.</li>\n</ul>\n<ul>\n <li>Shares of American Airlines GroupAAL0.37%lost 3.5% premarket andDelta Air LinesDAL-0.49%shed 2%, weighed down by concerns about fuel costs and a slowing economic growth.</li>\n <li>Constellation BrandsSTZ.B0.06% is due to report quarterly earnings before Wednesday’s open.</li>\n <li>Acuity BrandsAYI1.36% added 0.8% after the industrial-technology company said its profit for the fiscal fourth quarter rose as sales benefited from improved service levels and an improving economy.</li>\n <li>Vaccine makers Moderna andNovavax look set to remain stuck in the doldrums that began after Merck’s successful test of its Covid-19 treatment. Novavax dropped 5% premarket and Moderna fell 2.6%.</li>\n <li>Business-development companySaratoga InvestmentSAR1.73%‘s stock nudged up 1.2% in the extended session after it reported record repayments during the second quarter.</li>\n <li>Levi StraussLEVI1.55%will give an earnings update after the close.</li>\n</ul>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Wednesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-10-06 19:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n <b>S&P 500 futures skid, bond yields rise as high energy prices add to jitters over inflation.</b>\n</blockquote>\n<p>(Oct 6) U.S. stock futures fell and bond yields rose Wednesday, pointing to another bumpy day on Wall Street as investors gird for a spell of higher inflation, driven by roaring energy markets.</p>\n<p>At 7:37 a.m. ET, Dow E-minis were down 310 points, or 0.91%, S&P 500 E-minis fell 47.5 points, or 1.10% and Nasdaq 100 E-minis plunged 188.25 points, or 1.28%.</p>\n<p><img src=\"https://static.tigerbbs.com/fc69d57f4c74ab1ed14a8b1a1ad68b72\" tg-width=\"1223\" tg-height=\"492\" referrerpolicy=\"no-referrer\"></p>\n<p>Here’s what we’re watching ahead of Wednesday’s open.</p>\n<ul>\n <li>Palantir TechnologiesPLTR0.17%jumped 8.3% ahead of the opening bell. The data-software company said it was selected for a U.S. Army intelligence program contract.</li>\n <li>FacebookFB2.06%shares ticked 1.4% lower premarket after the company spent a day in the headlines amid a whistleblower’s testimony on Capitol Hill and a widespread outage of its services.</li>\n <li>But the downdraft in major tech shares was hitting most of the giants.MicrosoftMSFT2.00%slipped 1.3% premarket,AppleAAPL1.42%shed 1.4%, Google-parentAlphabetGOOG1.80%fell 1.5%,NetflixNFLX5.21%gave up 0.9% andIntelINTC0.90%lost 1.3%.</li>\n</ul>\n<ul>\n <li>Cryptocurrencies turbo-charged by Tesla CEO Elon Musk got another boost Wednesday. The token Shiba Inu gained 65% over the previous 24 hours, adding to a days-long rally after Mr. Musk posted a new photo of his Shiba Inu puppy named Floki on Monday. The coin now has a market value of $8.5 billion, making it the twentieth largest cryptocurrency, according to CoinMarketCap.com. Dogecoin, a favorite of Mr. Musk’s, also rose 3.8% over the previous 24 hours.</li>\n</ul>\n<ul>\n <li>Shares of American Airlines GroupAAL0.37%lost 3.5% premarket andDelta Air LinesDAL-0.49%shed 2%, weighed down by concerns about fuel costs and a slowing economic growth.</li>\n <li>Constellation BrandsSTZ.B0.06% is due to report quarterly earnings before Wednesday’s open.</li>\n <li>Acuity BrandsAYI1.36% added 0.8% after the industrial-technology company said its profit for the fiscal fourth quarter rose as sales benefited from improved service levels and an improving economy.</li>\n <li>Vaccine makers Moderna andNovavax look set to remain stuck in the doldrums that began after Merck’s successful test of its Covid-19 treatment. Novavax dropped 5% premarket and Moderna fell 2.6%.</li>\n <li>Business-development companySaratoga InvestmentSAR1.73%‘s stock nudged up 1.2% in the extended session after it reported record repayments during the second quarter.</li>\n <li>Levi StraussLEVI1.55%will give an earnings update after the close.</li>\n</ul>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126487365","content_text":"S&P 500 futures skid, bond yields rise as high energy prices add to jitters over inflation.\n\n(Oct 6) U.S. stock futures fell and bond yields rose Wednesday, pointing to another bumpy day on Wall Street as investors gird for a spell of higher inflation, driven by roaring energy markets.\nAt 7:37 a.m. ET, Dow E-minis were down 310 points, or 0.91%, S&P 500 E-minis fell 47.5 points, or 1.10% and Nasdaq 100 E-minis plunged 188.25 points, or 1.28%.\n\nHere’s what we’re watching ahead of Wednesday’s open.\n\nPalantir TechnologiesPLTR0.17%jumped 8.3% ahead of the opening bell. The data-software company said it was selected for a U.S. Army intelligence program contract.\nFacebookFB2.06%shares ticked 1.4% lower premarket after the company spent a day in the headlines amid a whistleblower’s testimony on Capitol Hill and a widespread outage of its services.\nBut the downdraft in major tech shares was hitting most of the giants.MicrosoftMSFT2.00%slipped 1.3% premarket,AppleAAPL1.42%shed 1.4%, Google-parentAlphabetGOOG1.80%fell 1.5%,NetflixNFLX5.21%gave up 0.9% andIntelINTC0.90%lost 1.3%.\n\n\nCryptocurrencies turbo-charged by Tesla CEO Elon Musk got another boost Wednesday. The token Shiba Inu gained 65% over the previous 24 hours, adding to a days-long rally after Mr. Musk posted a new photo of his Shiba Inu puppy named Floki on Monday. The coin now has a market value of $8.5 billion, making it the twentieth largest cryptocurrency, according to CoinMarketCap.com. Dogecoin, a favorite of Mr. Musk’s, also rose 3.8% over the previous 24 hours.\n\n\nShares of American Airlines GroupAAL0.37%lost 3.5% premarket andDelta Air LinesDAL-0.49%shed 2%, weighed down by concerns about fuel costs and a slowing economic growth.\nConstellation BrandsSTZ.B0.06% is due to report quarterly earnings before Wednesday’s open.\nAcuity BrandsAYI1.36% added 0.8% after the industrial-technology company said its profit for the fiscal fourth quarter rose as sales benefited from improved service levels and an improving economy.\nVaccine makers Moderna andNovavax look set to remain stuck in the doldrums that began after Merck’s successful test of its Covid-19 treatment. Novavax dropped 5% premarket and Moderna fell 2.6%.\nBusiness-development companySaratoga InvestmentSAR1.73%‘s stock nudged up 1.2% in the extended session after it reported record repayments during the second quarter.\nLevi StraussLEVI1.55%will give an earnings update after the close.","news_type":1},"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864804921,"gmtCreate":1633082907210,"gmtModify":1633082989612,"author":{"id":"3586343950289208","authorId":"3586343950289208","name":"Thila","avatar":"https://static.tigerbbs.com/362b7c970c5fb57851fa8a79afe15cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please thanks","listText":"Like please thanks","text":"Like please thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/864804921","repostId":"1193583996","repostType":4,"repost":{"id":"1193583996","pubTimestamp":1633080824,"share":"https://www.laohu8.com/m/news/1193583996?lang=&edition=full","pubTime":"2021-10-01 17:33","market":"us","language":"en","title":"European stock markets tumble amid fears of slowing economic growth","url":"https://stock-news.laohu8.com/highlight/detail?id=1193583996","media":"Yahoo Finance","summary":"There was blood in the markets on Friday, as European stocks dragged lower after posting their first","content":"<p>There was blood in the markets on Friday, as European stocks dragged lower after posting their first negative month since January on concerns of slowing economic growth.</p>\n<p>In London, the FTSE 100 (^FTSE) fell 0.7% after opening, while the CAC (^FCHI) tumbled more than 1% in Paris and the German DAX (^GDAXI) was 1.2% lower.</p>\n<p>“Investors are now nervously eyeing October, and wondering perhaps if this could be the beginning of further weakness,” Michael Hewson of CMC Markets said.</p>\n<p>“As we head into the final quarter of 2021 the gains year to date are still pretty decent, which raises the question, how much more is left in the tank, and whether this October will live up to the reputation of Octobers past, and deliver a huge curveball, as well as giving investors an anxiety attack.”</p>\n<p>Surging energy prices, supply chain disruptions, and concerns about inflation will be keeping traders on their toes.</p>\n<p>Over on Wall Street, S&P 500 futures (ES=F) were down 0.5%, Dow futures (YM=F) shed 0.7%, and Nasdaq futures (NQ=F) were almost 0.6% lower as trade began in Europe.</p>\n<p>The S&P 500 ended September down 4.8%, its first monthly drop since January and the biggest since March 2020.</p>\n<p>On Thursday Federal Reserve chair Jerome Powell maintained that surging inflation data is being caused by supply chain challenges and that they will abate. Under questioning from the House Financial Services Committee, Powell said he expects inflation to ease in the first half of 2022.</p>","source":"yahoofinance_sg","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>European stock markets tumble amid fears of slowing economic growth</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEuropean stock markets tumble amid fears of slowing economic growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-01 17:33 GMT+8 <a href=https://finance.yahoo.com/news/european-stock-markets-ftse-dax-cac-tumble-amid-fears-of-slowing-economic-growth-075521947.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There was blood in the markets on Friday, as European stocks dragged lower after posting their first negative month since January on concerns of slowing economic growth.\nIn London, the FTSE 100 (^FTSE...</p>\n\n<a href=\"https://finance.yahoo.com/news/european-stock-markets-ftse-dax-cac-tumble-amid-fears-of-slowing-economic-growth-075521947.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/european-stock-markets-ftse-dax-cac-tumble-amid-fears-of-slowing-economic-growth-075521947.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193583996","content_text":"There was blood in the markets on Friday, as European stocks dragged lower after posting their first negative month since January on concerns of slowing economic growth.\nIn London, the FTSE 100 (^FTSE) fell 0.7% after opening, while the CAC (^FCHI) tumbled more than 1% in Paris and the German DAX (^GDAXI) was 1.2% lower.\n“Investors are now nervously eyeing October, and wondering perhaps if this could be the beginning of further weakness,” Michael Hewson of CMC Markets said.\n“As we head into the final quarter of 2021 the gains year to date are still pretty decent, which raises the question, how much more is left in the tank, and whether this October will live up to the reputation of Octobers past, and deliver a huge curveball, as well as giving investors an anxiety attack.”\nSurging energy prices, supply chain disruptions, and concerns about inflation will be keeping traders on their toes.\nOver on Wall Street, S&P 500 futures (ES=F) were down 0.5%, Dow futures (YM=F) shed 0.7%, and Nasdaq futures (NQ=F) were almost 0.6% lower as trade began in Europe.\nThe S&P 500 ended September down 4.8%, its first monthly drop since January and the biggest since March 2020.\nOn Thursday Federal Reserve chair Jerome Powell maintained that surging inflation data is being caused by supply chain challenges and that they will abate. Under questioning from the House Financial Services Committee, Powell said he expects inflation to ease in the first half of 2022.","news_type":1},"isVote":1,"tweetType":1,"viewCount":279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864805717,"gmtCreate":1633082887081,"gmtModify":1633082988978,"author":{"id":"3586343950289208","authorId":"3586343950289208","name":"Thila","avatar":"https://static.tigerbbs.com/362b7c970c5fb57851fa8a79afe15cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CFA.SI\">$NikkoAM-STC Asia REIT(CFA.SI)$</a>vrY NtERDTI","listText":"<a href=\"https://laohu8.com/S/CFA.SI\">$NikkoAM-STC Asia REIT(CFA.SI)$</a>vrY NtERDTI","text":"$NikkoAM-STC Asia REIT(CFA.SI)$vrY NtERDTI","images":[{"img":"https://static.tigerbbs.com/226d6b8d96d1be2fe2d74f6439f277a5","width":"1080","height":"2429"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/864805717","isVote":1,"tweetType":1,"viewCount":401,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":862731623,"gmtCreate":1632911698491,"gmtModify":1632911698586,"author":{"id":"3586343950289208","authorId":"3586343950289208","name":"Thila","avatar":"https://static.tigerbbs.com/362b7c970c5fb57851fa8a79afe15cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please thanks","listText":"Like please thanks","text":"Like please thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/862731623","repostId":"1198528044","repostType":4,"repost":{"id":"1198528044","pubTimestamp":1632882697,"share":"https://www.laohu8.com/m/news/1198528044?lang=&edition=full","pubTime":"2021-09-29 10:31","market":"us","language":"en","title":"Technically Speaking: Is The Market \"Melting-Up?\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1198528044","media":"seekingalpha","summary":"Summary\n\nGiven the Fed’s ongoing balance sheet operations, investors fully believe they have protect","content":"<p><b>Summary</b></p>\n<ul>\n <li>Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</li>\n <li>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</li>\n <li>While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent “this time is different”.</li>\n</ul>\n<p>Is the<i>“market melting-up?”</i>Such was the question I received from my colleague at<i>Cut The Crap Investing.</i>It is an excellent question given the relentless increase in what investors believe is a<i>“no risk”</i>market.</p>\n<p>Of course, we need a definition of precisely what constitutes a melt-up.</p>\n<blockquote>\n <i>“A melt-up is a sustained and often unexpected improvement in the investment performance of an asset or asset class, driven partly</i>\n <i><b>by a stampede of investors who don’t want to miss out on its rise,</b></i>\n <i>rather than by fundamental improvements in the economy.“</i>–\n <i>Investopedia</i>\n</blockquote>\n<p>Currently, there is sufficient evidence to support the idea of an exuberant market.<b><i>As noted previously:</i></b></p>\n<blockquote>\n <i>“Near peaks of market cycles, investors become swept up by the underlying exuberance. That exuberance breeds the “rationalization” that “this time is different.” So how do you know the market is exuberant currently? Via Sentiment Trader:”</i>\n</blockquote>\n<blockquote>\n <i>‘This type of market activity is an indication that markets have returned their ‘enthusiasm’ stage. Such is characterized by:’</i>\n</blockquote>\n<ul>\n <li><b><i>High optimism</i></b></li>\n <li><b><i>Easy credit (too easy, with loose terms)</i></b></li>\n <li><b><i>A rush of initial and secondary offerings</i></b></li>\n <li><b><i>Risky stocks outperforming</i></b></li>\n <li><b><i>Stretched valuations</i></b></li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/ff8de3a84084162ca86b415584bbf793\" tg-width=\"731\" tg-height=\"468\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>However, while one would expect individuals to exhibit caution in such an environment, the opposite is true. Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</p>\n<p><b>A Visualization Of A Market Melting-Up</b></p>\n<p>It is often easier to visualize something rather than explain it.<b>Since 1900, only two previous market periods qualify as a melt-up: 1920-1929 and 1995-2000.</b>The chart below shows both periods in terms of price.</p>\n<p><img src=\"https://static.tigerbbs.com/a218c7efe2ebd874d05c9ff7dd564436\" tg-width=\"797\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/9f193c9c32d55747bf7ff511c2f9fd53\" tg-width=\"793\" tg-height=\"439\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>However, the melt-up is also visually represented by the incredibly sharp rise in valuations. Such is essential because earnings are not rising at a fast enough clip to support higher prices.<b>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</b></p>\n<p><img src=\"https://static.tigerbbs.com/c69e418d5a19d6fd03b305ab111e3be3\" tg-width=\"794\" tg-height=\"440\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/af03d3bbd071b8edfdf3a19e2c7b0bcd\" tg-width=\"796\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>We can compare those two previous periods with the current advance from the March 2020 lows. Again, we see a very similar sharp advance in price combined with a surge in valuations. As expected, investors are currently hoping that future earnings will rise sharply enough to justify current prices. However, the justification for paying high prices is the Federal Reserve’s ongoing balance sheet expansion.</p>\n<p><img src=\"https://static.tigerbbs.com/f3562aea27b24ad4921d0f5cd497e072\" tg-width=\"804\" tg-height=\"444\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>The following chart looks that the price advance and valuation measures a little differently. It shows the current deviation from the long-term exponential growth trend. Not surprisingly, during a market<i>“melt-up,”</i>there is a rapid deviation from the growth trend matching the acceleration in valuations.</p>\n<p><img src=\"https://static.tigerbbs.com/1419cf4b2afdcdc0f61e0cad862f498d\" tg-width=\"836\" tg-height=\"460\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>The problem with market<i>“melt-ups”</i>is not the melt-up itself but what always follows.</p>\n<p><b>Melting-Up Leads To Melting-Down</b></p>\n<p>A market melting-up is exciting while it lasts. During melt-ups, investors begin to rationalize why<i>“this time is different.”</i>They start taking on excess leverage to try and capitalize on the rapid advance in prices, and fundamentals take a back seat to price momentum.</p>\n<p>Market melt-ups are all about<i>“psychology.”</i><b>Historically, whatever has been the catalyst to spark the disregard of risk is readily witnessed in the corresponding surge in price and valuations.</b>The chart below shows the long-term deviations in relative strength, deviations, and valuations. The previous<i>‘melt-up”</i>periods should be easy to spot when compared with the advance currently.</p>\n<p><img src=\"https://static.tigerbbs.com/bc04cb25c0199dd17475a551a5dd7ec1\" tg-width=\"869\" tg-height=\"1024\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Given that current extensions match only a few rare periods in history, a couple of points should be readily apparent.</p>\n<ol>\n <li><b><i>Melt-ups can longer than logic would predict.</i></b></li>\n <li><b><i>The prevailing psychology is always “this time is different.”</i></b></li>\n <li><b><i>Valuations are dismissed in exchange for measures of momentum and forward expectations.</i></b></li>\n <li><b><i>Investors take on excess leverage and risk in order to participate in a seemingly “can’t lose” market.</i></b></li>\n <li><b><i>Lastly, and inevitably, “melt-ups” end and always in the worst possible outcomes.</i></b></li>\n</ol>\n<p>It is essential to recognize the markets are in a<i>“melt-up,</i>” and the duration of that event is unknowable. Therefore, investors need a strategy to participate in the advance and mitigate the damage from the eventual<i>“melting-down.”</i></p>\n<p><b>Surviving The Melt-Up</b></p>\n<p><b>As noted, none of this means the next</b><b><i>“bear market”</i></b><b>is lurking.</b>Given that a market melting-up is a function of psychology, they can last longer and go further than logic would predict. What is required to “<i>end”</i>a melt-up is an unanticipated exogenous event that changes psychology from bullish to bearish. Such is when the stampede for the exits occurs, and prices decline very quickly.</p>\n<p>As such, investors need a set of guidelines to participate in the market advance. But, of course, the hard part is keeping those gains when corrections inevitably occur.</p>\n<p>As portfolio managers for our clients, such is precisely the approach we must take. Accordingly, I have provided a general overview of the process that we employ.</p>\n<ol>\n <li><i><b>Tighten up stop-loss levels</b></i><i>to current support levels for each position.(Provides identifiable exit points when the market reverses.)</i></li>\n <li><i><b>Hedge portfolios</b></i><i>against major market declines.(Non-correlated assets, short-market positions, index put options)</i></li>\n <li><i><b>Take profits</b></i><i>in positions that have been big winners(Rebalancing overbought or extended positions to capture gains but continue to participate in the advance.)</i></li>\n <li><i><b>Sell laggards</b></i><i>and losers</i>.<i>(If something isn’t working in a market melt-up, it most likely won’t work during a broad decline. Better to eliminate the risk early.)</i></li>\n <li><i><b>Raise cash</b></i><i>and rebalance portfolios to target weightings.(Rebalancing risk on a regular basis keeps hidden risks somewhat mitigated.)</i></li>\n</ol>\n<p><b>Notice, nothing in there says,</b><b><i>“sell everything and go to cash.”</i></b></p>\n<p>There will be a time to raise significant levels of cash. A good portfolio management strategy will automatically ensure that<i>“stop-loss”</i>levels get triggered, exposure decreases, and cash levels rise when the selling begins.</p>\n<p>While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent<i>“this time is different.”</i></p>\n<p>It likely isn’t.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Technically Speaking: Is The Market \"Melting-Up?\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTechnically Speaking: Is The Market \"Melting-Up?\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-29 10:31 GMT+8 <a href=https://seekingalpha.com/article/4457469-technically-speaking-is-the-market-melting-up><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nGiven the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.\nAs is always the case, the investing public believes future earnings will ...</p>\n\n<a href=\"https://seekingalpha.com/article/4457469-technically-speaking-is-the-market-melting-up\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://seekingalpha.com/article/4457469-technically-speaking-is-the-market-melting-up","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198528044","content_text":"Summary\n\nGiven the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.\nAs is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.\nWhile it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent “this time is different”.\n\nIs the“market melting-up?”Such was the question I received from my colleague atCut The Crap Investing.It is an excellent question given the relentless increase in what investors believe is a“no risk”market.\nOf course, we need a definition of precisely what constitutes a melt-up.\n\n“A melt-up is a sustained and often unexpected improvement in the investment performance of an asset or asset class, driven partly\nby a stampede of investors who don’t want to miss out on its rise,\nrather than by fundamental improvements in the economy.“–\n Investopedia\n\nCurrently, there is sufficient evidence to support the idea of an exuberant market.As noted previously:\n\n“Near peaks of market cycles, investors become swept up by the underlying exuberance. That exuberance breeds the “rationalization” that “this time is different.” So how do you know the market is exuberant currently? Via Sentiment Trader:”\n\n\n‘This type of market activity is an indication that markets have returned their ‘enthusiasm’ stage. Such is characterized by:’\n\n\nHigh optimism\nEasy credit (too easy, with loose terms)\nA rush of initial and secondary offerings\nRisky stocks outperforming\nStretched valuations\n\n\nHowever, while one would expect individuals to exhibit caution in such an environment, the opposite is true. Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.\nA Visualization Of A Market Melting-Up\nIt is often easier to visualize something rather than explain it.Since 1900, only two previous market periods qualify as a melt-up: 1920-1929 and 1995-2000.The chart below shows both periods in terms of price.\n\nHowever, the melt-up is also visually represented by the incredibly sharp rise in valuations. Such is essential because earnings are not rising at a fast enough clip to support higher prices.As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.\n\nWe can compare those two previous periods with the current advance from the March 2020 lows. Again, we see a very similar sharp advance in price combined with a surge in valuations. As expected, investors are currently hoping that future earnings will rise sharply enough to justify current prices. However, the justification for paying high prices is the Federal Reserve’s ongoing balance sheet expansion.\n\nThe following chart looks that the price advance and valuation measures a little differently. It shows the current deviation from the long-term exponential growth trend. Not surprisingly, during a market“melt-up,”there is a rapid deviation from the growth trend matching the acceleration in valuations.\n\nThe problem with market“melt-ups”is not the melt-up itself but what always follows.\nMelting-Up Leads To Melting-Down\nA market melting-up is exciting while it lasts. During melt-ups, investors begin to rationalize why“this time is different.”They start taking on excess leverage to try and capitalize on the rapid advance in prices, and fundamentals take a back seat to price momentum.\nMarket melt-ups are all about“psychology.”Historically, whatever has been the catalyst to spark the disregard of risk is readily witnessed in the corresponding surge in price and valuations.The chart below shows the long-term deviations in relative strength, deviations, and valuations. The previous‘melt-up”periods should be easy to spot when compared with the advance currently.\n\nGiven that current extensions match only a few rare periods in history, a couple of points should be readily apparent.\n\nMelt-ups can longer than logic would predict.\nThe prevailing psychology is always “this time is different.”\nValuations are dismissed in exchange for measures of momentum and forward expectations.\nInvestors take on excess leverage and risk in order to participate in a seemingly “can’t lose” market.\nLastly, and inevitably, “melt-ups” end and always in the worst possible outcomes.\n\nIt is essential to recognize the markets are in a“melt-up,” and the duration of that event is unknowable. Therefore, investors need a strategy to participate in the advance and mitigate the damage from the eventual“melting-down.”\nSurviving The Melt-Up\nAs noted, none of this means the next“bear market”is lurking.Given that a market melting-up is a function of psychology, they can last longer and go further than logic would predict. What is required to “end”a melt-up is an unanticipated exogenous event that changes psychology from bullish to bearish. Such is when the stampede for the exits occurs, and prices decline very quickly.\nAs such, investors need a set of guidelines to participate in the market advance. But, of course, the hard part is keeping those gains when corrections inevitably occur.\nAs portfolio managers for our clients, such is precisely the approach we must take. Accordingly, I have provided a general overview of the process that we employ.\n\nTighten up stop-loss levelsto current support levels for each position.(Provides identifiable exit points when the market reverses.)\nHedge portfoliosagainst major market declines.(Non-correlated assets, short-market positions, index put options)\nTake profitsin positions that have been big winners(Rebalancing overbought or extended positions to capture gains but continue to participate in the advance.)\nSell laggardsand losers.(If something isn’t working in a market melt-up, it most likely won’t work during a broad decline. Better to eliminate the risk early.)\nRaise cashand rebalance portfolios to target weightings.(Rebalancing risk on a regular basis keeps hidden risks somewhat mitigated.)\n\nNotice, nothing in there says,“sell everything and go to cash.”\nThere will be a time to raise significant levels of cash. A good portfolio management strategy will automatically ensure that“stop-loss”levels get triggered, exposure decreases, and cash levels rise when the selling begins.\nWhile it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent“this time is different.”\nIt likely isn’t.","news_type":1},"isVote":1,"tweetType":1,"viewCount":470,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":862731182,"gmtCreate":1632911677989,"gmtModify":1632911678118,"author":{"id":"3586343950289208","authorId":"3586343950289208","name":"Thila","avatar":"https://static.tigerbbs.com/362b7c970c5fb57851fa8a79afe15cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Very interesting","listText":"Very interesting","text":"Very interesting","images":[{"img":"https://static.tigerbbs.com/30722f13cbf7907202daa6ab7002fe13","width":"1080","height":"2429"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/862731182","isVote":1,"tweetType":1,"viewCount":282,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":861893905,"gmtCreate":1632478013507,"gmtModify":1632719908818,"author":{"id":"3586343950289208","authorId":"3586343950289208","name":"Thila","avatar":"https://static.tigerbbs.com/362b7c970c5fb57851fa8a79afe15cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please thanks","listText":"Like please thanks","text":"Like please thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/861893905","repostId":"1147407851","repostType":4,"repost":{"id":"1147407851","pubTimestamp":1632476902,"share":"https://www.laohu8.com/m/news/1147407851?lang=&edition=full","pubTime":"2021-09-24 17:48","market":"us","language":"en","title":"EU Will Wait To Decide On Pfizer Boosters Due To Shortage Of Safety Data","url":"https://stock-news.laohu8.com/highlight/detail?id=1147407851","media":"zerohedge","summary":"In keeping with their more cautious approach toward approving COVID jabs,EU regulators are preparing","content":"<p>In keeping with their more cautious approach toward approving COVID jabs,<b>EU regulators are preparing to make their own decisions about whether to approve booster shots with Pfizer jab</b>s - but not until early October,Reuters reportedThursday.</p>\n<p>Reuters pointed out that<b>the upcoming review of the Pfizer booster jab would mark the European regulators' first decision about doling out booster jabs</b>in the EU.</p>\n<p>In an opinion issued earlier this month that was republished by the EMA,<b>the European Center for Disease Prevention and Control</b>- or ECDC, one of several regulators that comprises the EU's highest-level of health regulators -<b>said there was no \"urgent need\" to administer booster doses</b>to fully vaccinated individuals in the general population.</p>\n<p>But it also noted that additional doses are already being considered and doled out to the elderly, the immuno-compromised, and whatever</p>\n<p>Regardless of whatever the bloc decides,<b>it has already signed recent deals with Pfizer and BioNTech for 2.4 billion more mRNA jabs.</b></p>\n<p>The latest contract covers the supply of at least 900MM shots, which will only be needed if the EU goes ahead with expansive booster jab program and offers them to all adults 16 and up. . Over 70% of the EU's adult population has already been fully vaccinated, and the bloc has secured an ample supply of vaccines from several manufacturers.</p>\n<p>Still, as the delta wave continues to create problems for politicians around the world, they might grow increasingly desperate to force the population to get 3, 4 or even 5 jabs - despite the fact that The ECDC has said crucial data on the need and safety of boosters hasn't yet been gleaned from the studies unfurling around the world rfhr n in part because it is not yet fully clear how long vaccines protect against the virus.</p>\n<p></p>\n<p></p>","source":"lsy1583725640930","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>EU Will Wait To Decide On Pfizer Boosters Due To Shortage Of Safety Data</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEU Will Wait To Decide On Pfizer Boosters Due To Shortage Of Safety Data\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-24 17:48 GMT+8 <a href=https://www.zerohedge.com/geopolitical/eu-will-wait-decide-pfizer-boosters-due-shortage-safety-data?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In keeping with their more cautious approach toward approving COVID jabs,EU regulators are preparing to make their own decisions about whether to approve booster shots with Pfizer jabs - but not until...</p>\n\n<a href=\"https://www.zerohedge.com/geopolitical/eu-will-wait-decide-pfizer-boosters-due-shortage-safety-data?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞"},"source_url":"https://www.zerohedge.com/geopolitical/eu-will-wait-decide-pfizer-boosters-due-shortage-safety-data?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147407851","content_text":"In keeping with their more cautious approach toward approving COVID jabs,EU regulators are preparing to make their own decisions about whether to approve booster shots with Pfizer jabs - but not until early October,Reuters reportedThursday.\nReuters pointed out thatthe upcoming review of the Pfizer booster jab would mark the European regulators' first decision about doling out booster jabsin the EU.\nIn an opinion issued earlier this month that was republished by the EMA,the European Center for Disease Prevention and Control- or ECDC, one of several regulators that comprises the EU's highest-level of health regulators -said there was no \"urgent need\" to administer booster dosesto fully vaccinated individuals in the general population.\nBut it also noted that additional doses are already being considered and doled out to the elderly, the immuno-compromised, and whatever\nRegardless of whatever the bloc decides,it has already signed recent deals with Pfizer and BioNTech for 2.4 billion more mRNA jabs.\nThe latest contract covers the supply of at least 900MM shots, which will only be needed if the EU goes ahead with expansive booster jab program and offers them to all adults 16 and up. . Over 70% of the EU's adult population has already been fully vaccinated, and the bloc has secured an ample supply of vaccines from several manufacturers.\nStill, as the delta wave continues to create problems for politicians around the world, they might grow increasingly desperate to force the population to get 3, 4 or even 5 jabs - despite the fact that The ECDC has said crucial data on the need and safety of boosters hasn't yet been gleaned from the studies unfurling around the world rfhr n in part because it is not yet fully clear how long vaccines protect against the virus.","news_type":1},"isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":829513028,"gmtCreate":1633526348894,"gmtModify":1633526348981,"author":{"id":"3586343950289208","authorId":"3586343950289208","name":"Thila","avatar":"https://static.tigerbbs.com/362b7c970c5fb57851fa8a79afe15cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please thanks","listText":"Like please thanks","text":"Like please thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/829513028","repostId":"1126487365","repostType":4,"repost":{"id":"1126487365","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1633520016,"share":"https://www.laohu8.com/m/news/1126487365?lang=&edition=full","pubTime":"2021-10-06 19:33","market":"us","language":"en","title":"Toplines Before US Market Open on Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1126487365","media":"Tiger Newspress","summary":"S&P 500 futures skid, bond yields rise as high energy prices add to jitters over inflation.\n\n(Oct 6)","content":"<blockquote>\n <b>S&P 500 futures skid, bond yields rise as high energy prices add to jitters over inflation.</b>\n</blockquote>\n<p>(Oct 6) U.S. stock futures fell and bond yields rose Wednesday, pointing to another bumpy day on Wall Street as investors gird for a spell of higher inflation, driven by roaring energy markets.</p>\n<p>At 7:37 a.m. ET, Dow E-minis were down 310 points, or 0.91%, S&P 500 E-minis fell 47.5 points, or 1.10% and Nasdaq 100 E-minis plunged 188.25 points, or 1.28%.</p>\n<p><img src=\"https://static.tigerbbs.com/fc69d57f4c74ab1ed14a8b1a1ad68b72\" tg-width=\"1223\" tg-height=\"492\" referrerpolicy=\"no-referrer\"></p>\n<p>Here’s what we’re watching ahead of Wednesday’s open.</p>\n<ul>\n <li>Palantir TechnologiesPLTR0.17%jumped 8.3% ahead of the opening bell. The data-software company said it was selected for a U.S. Army intelligence program contract.</li>\n <li>FacebookFB2.06%shares ticked 1.4% lower premarket after the company spent a day in the headlines amid a whistleblower’s testimony on Capitol Hill and a widespread outage of its services.</li>\n <li>But the downdraft in major tech shares was hitting most of the giants.MicrosoftMSFT2.00%slipped 1.3% premarket,AppleAAPL1.42%shed 1.4%, Google-parentAlphabetGOOG1.80%fell 1.5%,NetflixNFLX5.21%gave up 0.9% andIntelINTC0.90%lost 1.3%.</li>\n</ul>\n<ul>\n <li>Cryptocurrencies turbo-charged by Tesla CEO Elon Musk got another boost Wednesday. The token Shiba Inu gained 65% over the previous 24 hours, adding to a days-long rally after Mr. Musk posted a new photo of his Shiba Inu puppy named Floki on Monday. The coin now has a market value of $8.5 billion, making it the twentieth largest cryptocurrency, according to CoinMarketCap.com. Dogecoin, a favorite of Mr. Musk’s, also rose 3.8% over the previous 24 hours.</li>\n</ul>\n<ul>\n <li>Shares of American Airlines GroupAAL0.37%lost 3.5% premarket andDelta Air LinesDAL-0.49%shed 2%, weighed down by concerns about fuel costs and a slowing economic growth.</li>\n <li>Constellation BrandsSTZ.B0.06% is due to report quarterly earnings before Wednesday’s open.</li>\n <li>Acuity BrandsAYI1.36% added 0.8% after the industrial-technology company said its profit for the fiscal fourth quarter rose as sales benefited from improved service levels and an improving economy.</li>\n <li>Vaccine makers Moderna andNovavax look set to remain stuck in the doldrums that began after Merck’s successful test of its Covid-19 treatment. Novavax dropped 5% premarket and Moderna fell 2.6%.</li>\n <li>Business-development companySaratoga InvestmentSAR1.73%‘s stock nudged up 1.2% in the extended session after it reported record repayments during the second quarter.</li>\n <li>Levi StraussLEVI1.55%will give an earnings update after the close.</li>\n</ul>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Wednesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-10-06 19:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n <b>S&P 500 futures skid, bond yields rise as high energy prices add to jitters over inflation.</b>\n</blockquote>\n<p>(Oct 6) U.S. stock futures fell and bond yields rose Wednesday, pointing to another bumpy day on Wall Street as investors gird for a spell of higher inflation, driven by roaring energy markets.</p>\n<p>At 7:37 a.m. ET, Dow E-minis were down 310 points, or 0.91%, S&P 500 E-minis fell 47.5 points, or 1.10% and Nasdaq 100 E-minis plunged 188.25 points, or 1.28%.</p>\n<p><img src=\"https://static.tigerbbs.com/fc69d57f4c74ab1ed14a8b1a1ad68b72\" tg-width=\"1223\" tg-height=\"492\" referrerpolicy=\"no-referrer\"></p>\n<p>Here’s what we’re watching ahead of Wednesday’s open.</p>\n<ul>\n <li>Palantir TechnologiesPLTR0.17%jumped 8.3% ahead of the opening bell. The data-software company said it was selected for a U.S. Army intelligence program contract.</li>\n <li>FacebookFB2.06%shares ticked 1.4% lower premarket after the company spent a day in the headlines amid a whistleblower’s testimony on Capitol Hill and a widespread outage of its services.</li>\n <li>But the downdraft in major tech shares was hitting most of the giants.MicrosoftMSFT2.00%slipped 1.3% premarket,AppleAAPL1.42%shed 1.4%, Google-parentAlphabetGOOG1.80%fell 1.5%,NetflixNFLX5.21%gave up 0.9% andIntelINTC0.90%lost 1.3%.</li>\n</ul>\n<ul>\n <li>Cryptocurrencies turbo-charged by Tesla CEO Elon Musk got another boost Wednesday. The token Shiba Inu gained 65% over the previous 24 hours, adding to a days-long rally after Mr. Musk posted a new photo of his Shiba Inu puppy named Floki on Monday. The coin now has a market value of $8.5 billion, making it the twentieth largest cryptocurrency, according to CoinMarketCap.com. Dogecoin, a favorite of Mr. Musk’s, also rose 3.8% over the previous 24 hours.</li>\n</ul>\n<ul>\n <li>Shares of American Airlines GroupAAL0.37%lost 3.5% premarket andDelta Air LinesDAL-0.49%shed 2%, weighed down by concerns about fuel costs and a slowing economic growth.</li>\n <li>Constellation BrandsSTZ.B0.06% is due to report quarterly earnings before Wednesday’s open.</li>\n <li>Acuity BrandsAYI1.36% added 0.8% after the industrial-technology company said its profit for the fiscal fourth quarter rose as sales benefited from improved service levels and an improving economy.</li>\n <li>Vaccine makers Moderna andNovavax look set to remain stuck in the doldrums that began after Merck’s successful test of its Covid-19 treatment. Novavax dropped 5% premarket and Moderna fell 2.6%.</li>\n <li>Business-development companySaratoga InvestmentSAR1.73%‘s stock nudged up 1.2% in the extended session after it reported record repayments during the second quarter.</li>\n <li>Levi StraussLEVI1.55%will give an earnings update after the close.</li>\n</ul>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126487365","content_text":"S&P 500 futures skid, bond yields rise as high energy prices add to jitters over inflation.\n\n(Oct 6) U.S. stock futures fell and bond yields rose Wednesday, pointing to another bumpy day on Wall Street as investors gird for a spell of higher inflation, driven by roaring energy markets.\nAt 7:37 a.m. ET, Dow E-minis were down 310 points, or 0.91%, S&P 500 E-minis fell 47.5 points, or 1.10% and Nasdaq 100 E-minis plunged 188.25 points, or 1.28%.\n\nHere’s what we’re watching ahead of Wednesday’s open.\n\nPalantir TechnologiesPLTR0.17%jumped 8.3% ahead of the opening bell. The data-software company said it was selected for a U.S. Army intelligence program contract.\nFacebookFB2.06%shares ticked 1.4% lower premarket after the company spent a day in the headlines amid a whistleblower’s testimony on Capitol Hill and a widespread outage of its services.\nBut the downdraft in major tech shares was hitting most of the giants.MicrosoftMSFT2.00%slipped 1.3% premarket,AppleAAPL1.42%shed 1.4%, Google-parentAlphabetGOOG1.80%fell 1.5%,NetflixNFLX5.21%gave up 0.9% andIntelINTC0.90%lost 1.3%.\n\n\nCryptocurrencies turbo-charged by Tesla CEO Elon Musk got another boost Wednesday. The token Shiba Inu gained 65% over the previous 24 hours, adding to a days-long rally after Mr. Musk posted a new photo of his Shiba Inu puppy named Floki on Monday. The coin now has a market value of $8.5 billion, making it the twentieth largest cryptocurrency, according to CoinMarketCap.com. Dogecoin, a favorite of Mr. Musk’s, also rose 3.8% over the previous 24 hours.\n\n\nShares of American Airlines GroupAAL0.37%lost 3.5% premarket andDelta Air LinesDAL-0.49%shed 2%, weighed down by concerns about fuel costs and a slowing economic growth.\nConstellation BrandsSTZ.B0.06% is due to report quarterly earnings before Wednesday’s open.\nAcuity BrandsAYI1.36% added 0.8% after the industrial-technology company said its profit for the fiscal fourth quarter rose as sales benefited from improved service levels and an improving economy.\nVaccine makers Moderna andNovavax look set to remain stuck in the doldrums that began after Merck’s successful test of its Covid-19 treatment. Novavax dropped 5% premarket and Moderna fell 2.6%.\nBusiness-development companySaratoga InvestmentSAR1.73%‘s stock nudged up 1.2% in the extended session after it reported record repayments during the second quarter.\nLevi StraussLEVI1.55%will give an earnings update after the close.","news_type":1},"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":862731623,"gmtCreate":1632911698491,"gmtModify":1632911698586,"author":{"id":"3586343950289208","authorId":"3586343950289208","name":"Thila","avatar":"https://static.tigerbbs.com/362b7c970c5fb57851fa8a79afe15cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please thanks","listText":"Like please thanks","text":"Like please thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/862731623","repostId":"1198528044","repostType":4,"repost":{"id":"1198528044","pubTimestamp":1632882697,"share":"https://www.laohu8.com/m/news/1198528044?lang=&edition=full","pubTime":"2021-09-29 10:31","market":"us","language":"en","title":"Technically Speaking: Is The Market \"Melting-Up?\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1198528044","media":"seekingalpha","summary":"Summary\n\nGiven the Fed’s ongoing balance sheet operations, investors fully believe they have protect","content":"<p><b>Summary</b></p>\n<ul>\n <li>Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</li>\n <li>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</li>\n <li>While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent “this time is different”.</li>\n</ul>\n<p>Is the<i>“market melting-up?”</i>Such was the question I received from my colleague at<i>Cut The Crap Investing.</i>It is an excellent question given the relentless increase in what investors believe is a<i>“no risk”</i>market.</p>\n<p>Of course, we need a definition of precisely what constitutes a melt-up.</p>\n<blockquote>\n <i>“A melt-up is a sustained and often unexpected improvement in the investment performance of an asset or asset class, driven partly</i>\n <i><b>by a stampede of investors who don’t want to miss out on its rise,</b></i>\n <i>rather than by fundamental improvements in the economy.“</i>–\n <i>Investopedia</i>\n</blockquote>\n<p>Currently, there is sufficient evidence to support the idea of an exuberant market.<b><i>As noted previously:</i></b></p>\n<blockquote>\n <i>“Near peaks of market cycles, investors become swept up by the underlying exuberance. That exuberance breeds the “rationalization” that “this time is different.” So how do you know the market is exuberant currently? Via Sentiment Trader:”</i>\n</blockquote>\n<blockquote>\n <i>‘This type of market activity is an indication that markets have returned their ‘enthusiasm’ stage. Such is characterized by:’</i>\n</blockquote>\n<ul>\n <li><b><i>High optimism</i></b></li>\n <li><b><i>Easy credit (too easy, with loose terms)</i></b></li>\n <li><b><i>A rush of initial and secondary offerings</i></b></li>\n <li><b><i>Risky stocks outperforming</i></b></li>\n <li><b><i>Stretched valuations</i></b></li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/ff8de3a84084162ca86b415584bbf793\" tg-width=\"731\" tg-height=\"468\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>However, while one would expect individuals to exhibit caution in such an environment, the opposite is true. Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.</p>\n<p><b>A Visualization Of A Market Melting-Up</b></p>\n<p>It is often easier to visualize something rather than explain it.<b>Since 1900, only two previous market periods qualify as a melt-up: 1920-1929 and 1995-2000.</b>The chart below shows both periods in terms of price.</p>\n<p><img src=\"https://static.tigerbbs.com/a218c7efe2ebd874d05c9ff7dd564436\" tg-width=\"797\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/9f193c9c32d55747bf7ff511c2f9fd53\" tg-width=\"793\" tg-height=\"439\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>However, the melt-up is also visually represented by the incredibly sharp rise in valuations. Such is essential because earnings are not rising at a fast enough clip to support higher prices.<b>As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.</b></p>\n<p><img src=\"https://static.tigerbbs.com/c69e418d5a19d6fd03b305ab111e3be3\" tg-width=\"794\" tg-height=\"440\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/af03d3bbd071b8edfdf3a19e2c7b0bcd\" tg-width=\"796\" tg-height=\"437\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>We can compare those two previous periods with the current advance from the March 2020 lows. Again, we see a very similar sharp advance in price combined with a surge in valuations. As expected, investors are currently hoping that future earnings will rise sharply enough to justify current prices. However, the justification for paying high prices is the Federal Reserve’s ongoing balance sheet expansion.</p>\n<p><img src=\"https://static.tigerbbs.com/f3562aea27b24ad4921d0f5cd497e072\" tg-width=\"804\" tg-height=\"444\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>The following chart looks that the price advance and valuation measures a little differently. It shows the current deviation from the long-term exponential growth trend. Not surprisingly, during a market<i>“melt-up,”</i>there is a rapid deviation from the growth trend matching the acceleration in valuations.</p>\n<p><img src=\"https://static.tigerbbs.com/1419cf4b2afdcdc0f61e0cad862f498d\" tg-width=\"836\" tg-height=\"460\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>The problem with market<i>“melt-ups”</i>is not the melt-up itself but what always follows.</p>\n<p><b>Melting-Up Leads To Melting-Down</b></p>\n<p>A market melting-up is exciting while it lasts. During melt-ups, investors begin to rationalize why<i>“this time is different.”</i>They start taking on excess leverage to try and capitalize on the rapid advance in prices, and fundamentals take a back seat to price momentum.</p>\n<p>Market melt-ups are all about<i>“psychology.”</i><b>Historically, whatever has been the catalyst to spark the disregard of risk is readily witnessed in the corresponding surge in price and valuations.</b>The chart below shows the long-term deviations in relative strength, deviations, and valuations. The previous<i>‘melt-up”</i>periods should be easy to spot when compared with the advance currently.</p>\n<p><img src=\"https://static.tigerbbs.com/bc04cb25c0199dd17475a551a5dd7ec1\" tg-width=\"869\" tg-height=\"1024\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Given that current extensions match only a few rare periods in history, a couple of points should be readily apparent.</p>\n<ol>\n <li><b><i>Melt-ups can longer than logic would predict.</i></b></li>\n <li><b><i>The prevailing psychology is always “this time is different.”</i></b></li>\n <li><b><i>Valuations are dismissed in exchange for measures of momentum and forward expectations.</i></b></li>\n <li><b><i>Investors take on excess leverage and risk in order to participate in a seemingly “can’t lose” market.</i></b></li>\n <li><b><i>Lastly, and inevitably, “melt-ups” end and always in the worst possible outcomes.</i></b></li>\n</ol>\n<p>It is essential to recognize the markets are in a<i>“melt-up,</i>” and the duration of that event is unknowable. Therefore, investors need a strategy to participate in the advance and mitigate the damage from the eventual<i>“melting-down.”</i></p>\n<p><b>Surviving The Melt-Up</b></p>\n<p><b>As noted, none of this means the next</b><b><i>“bear market”</i></b><b>is lurking.</b>Given that a market melting-up is a function of psychology, they can last longer and go further than logic would predict. What is required to “<i>end”</i>a melt-up is an unanticipated exogenous event that changes psychology from bullish to bearish. Such is when the stampede for the exits occurs, and prices decline very quickly.</p>\n<p>As such, investors need a set of guidelines to participate in the market advance. But, of course, the hard part is keeping those gains when corrections inevitably occur.</p>\n<p>As portfolio managers for our clients, such is precisely the approach we must take. Accordingly, I have provided a general overview of the process that we employ.</p>\n<ol>\n <li><i><b>Tighten up stop-loss levels</b></i><i>to current support levels for each position.(Provides identifiable exit points when the market reverses.)</i></li>\n <li><i><b>Hedge portfolios</b></i><i>against major market declines.(Non-correlated assets, short-market positions, index put options)</i></li>\n <li><i><b>Take profits</b></i><i>in positions that have been big winners(Rebalancing overbought or extended positions to capture gains but continue to participate in the advance.)</i></li>\n <li><i><b>Sell laggards</b></i><i>and losers</i>.<i>(If something isn’t working in a market melt-up, it most likely won’t work during a broad decline. Better to eliminate the risk early.)</i></li>\n <li><i><b>Raise cash</b></i><i>and rebalance portfolios to target weightings.(Rebalancing risk on a regular basis keeps hidden risks somewhat mitigated.)</i></li>\n</ol>\n<p><b>Notice, nothing in there says,</b><b><i>“sell everything and go to cash.”</i></b></p>\n<p>There will be a time to raise significant levels of cash. A good portfolio management strategy will automatically ensure that<i>“stop-loss”</i>levels get triggered, exposure decreases, and cash levels rise when the selling begins.</p>\n<p>While it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent<i>“this time is different.”</i></p>\n<p>It likely isn’t.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Technically Speaking: Is The Market \"Melting-Up?\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTechnically Speaking: Is The Market \"Melting-Up?\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-29 10:31 GMT+8 <a href=https://seekingalpha.com/article/4457469-technically-speaking-is-the-market-melting-up><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nGiven the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.\nAs is always the case, the investing public believes future earnings will ...</p>\n\n<a href=\"https://seekingalpha.com/article/4457469-technically-speaking-is-the-market-melting-up\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://seekingalpha.com/article/4457469-technically-speaking-is-the-market-melting-up","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198528044","content_text":"Summary\n\nGiven the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.\nAs is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.\nWhile it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent “this time is different”.\n\nIs the“market melting-up?”Such was the question I received from my colleague atCut The Crap Investing.It is an excellent question given the relentless increase in what investors believe is a“no risk”market.\nOf course, we need a definition of precisely what constitutes a melt-up.\n\n“A melt-up is a sustained and often unexpected improvement in the investment performance of an asset or asset class, driven partly\nby a stampede of investors who don’t want to miss out on its rise,\nrather than by fundamental improvements in the economy.“–\n Investopedia\n\nCurrently, there is sufficient evidence to support the idea of an exuberant market.As noted previously:\n\n“Near peaks of market cycles, investors become swept up by the underlying exuberance. That exuberance breeds the “rationalization” that “this time is different.” So how do you know the market is exuberant currently? Via Sentiment Trader:”\n\n\n‘This type of market activity is an indication that markets have returned their ‘enthusiasm’ stage. Such is characterized by:’\n\n\nHigh optimism\nEasy credit (too easy, with loose terms)\nA rush of initial and secondary offerings\nRisky stocks outperforming\nStretched valuations\n\n\nHowever, while one would expect individuals to exhibit caution in such an environment, the opposite is true. Given the Fed’s ongoing balance sheet operations, investors fully believe they have protection from a decline.\nA Visualization Of A Market Melting-Up\nIt is often easier to visualize something rather than explain it.Since 1900, only two previous market periods qualify as a melt-up: 1920-1929 and 1995-2000.The chart below shows both periods in terms of price.\n\nHowever, the melt-up is also visually represented by the incredibly sharp rise in valuations. Such is essential because earnings are not rising at a fast enough clip to support higher prices.As is always the case, the investing public believes future earnings will justify higher prices during a melt-up. It just never works out that way.\n\nWe can compare those two previous periods with the current advance from the March 2020 lows. Again, we see a very similar sharp advance in price combined with a surge in valuations. As expected, investors are currently hoping that future earnings will rise sharply enough to justify current prices. However, the justification for paying high prices is the Federal Reserve’s ongoing balance sheet expansion.\n\nThe following chart looks that the price advance and valuation measures a little differently. It shows the current deviation from the long-term exponential growth trend. Not surprisingly, during a market“melt-up,”there is a rapid deviation from the growth trend matching the acceleration in valuations.\n\nThe problem with market“melt-ups”is not the melt-up itself but what always follows.\nMelting-Up Leads To Melting-Down\nA market melting-up is exciting while it lasts. During melt-ups, investors begin to rationalize why“this time is different.”They start taking on excess leverage to try and capitalize on the rapid advance in prices, and fundamentals take a back seat to price momentum.\nMarket melt-ups are all about“psychology.”Historically, whatever has been the catalyst to spark the disregard of risk is readily witnessed in the corresponding surge in price and valuations.The chart below shows the long-term deviations in relative strength, deviations, and valuations. The previous‘melt-up”periods should be easy to spot when compared with the advance currently.\n\nGiven that current extensions match only a few rare periods in history, a couple of points should be readily apparent.\n\nMelt-ups can longer than logic would predict.\nThe prevailing psychology is always “this time is different.”\nValuations are dismissed in exchange for measures of momentum and forward expectations.\nInvestors take on excess leverage and risk in order to participate in a seemingly “can’t lose” market.\nLastly, and inevitably, “melt-ups” end and always in the worst possible outcomes.\n\nIt is essential to recognize the markets are in a“melt-up,” and the duration of that event is unknowable. Therefore, investors need a strategy to participate in the advance and mitigate the damage from the eventual“melting-down.”\nSurviving The Melt-Up\nAs noted, none of this means the next“bear market”is lurking.Given that a market melting-up is a function of psychology, they can last longer and go further than logic would predict. What is required to “end”a melt-up is an unanticipated exogenous event that changes psychology from bullish to bearish. Such is when the stampede for the exits occurs, and prices decline very quickly.\nAs such, investors need a set of guidelines to participate in the market advance. But, of course, the hard part is keeping those gains when corrections inevitably occur.\nAs portfolio managers for our clients, such is precisely the approach we must take. Accordingly, I have provided a general overview of the process that we employ.\n\nTighten up stop-loss levelsto current support levels for each position.(Provides identifiable exit points when the market reverses.)\nHedge portfoliosagainst major market declines.(Non-correlated assets, short-market positions, index put options)\nTake profitsin positions that have been big winners(Rebalancing overbought or extended positions to capture gains but continue to participate in the advance.)\nSell laggardsand losers.(If something isn’t working in a market melt-up, it most likely won’t work during a broad decline. Better to eliminate the risk early.)\nRaise cashand rebalance portfolios to target weightings.(Rebalancing risk on a regular basis keeps hidden risks somewhat mitigated.)\n\nNotice, nothing in there says,“sell everything and go to cash.”\nThere will be a time to raise significant levels of cash. A good portfolio management strategy will automatically ensure that“stop-loss”levels get triggered, exposure decreases, and cash levels rise when the selling begins.\nWhile it is essential to take advantage of the melt-up while it lasts, just don’t become overly complacent“this time is different.”\nIt likely isn’t.","news_type":1},"isVote":1,"tweetType":1,"viewCount":470,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864804921,"gmtCreate":1633082907210,"gmtModify":1633082989612,"author":{"id":"3586343950289208","authorId":"3586343950289208","name":"Thila","avatar":"https://static.tigerbbs.com/362b7c970c5fb57851fa8a79afe15cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please thanks","listText":"Like please thanks","text":"Like please thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/864804921","repostId":"1193583996","repostType":4,"repost":{"id":"1193583996","pubTimestamp":1633080824,"share":"https://www.laohu8.com/m/news/1193583996?lang=&edition=full","pubTime":"2021-10-01 17:33","market":"us","language":"en","title":"European stock markets tumble amid fears of slowing economic growth","url":"https://stock-news.laohu8.com/highlight/detail?id=1193583996","media":"Yahoo Finance","summary":"There was blood in the markets on Friday, as European stocks dragged lower after posting their first","content":"<p>There was blood in the markets on Friday, as European stocks dragged lower after posting their first negative month since January on concerns of slowing economic growth.</p>\n<p>In London, the FTSE 100 (^FTSE) fell 0.7% after opening, while the CAC (^FCHI) tumbled more than 1% in Paris and the German DAX (^GDAXI) was 1.2% lower.</p>\n<p>“Investors are now nervously eyeing October, and wondering perhaps if this could be the beginning of further weakness,” Michael Hewson of CMC Markets said.</p>\n<p>“As we head into the final quarter of 2021 the gains year to date are still pretty decent, which raises the question, how much more is left in the tank, and whether this October will live up to the reputation of Octobers past, and deliver a huge curveball, as well as giving investors an anxiety attack.”</p>\n<p>Surging energy prices, supply chain disruptions, and concerns about inflation will be keeping traders on their toes.</p>\n<p>Over on Wall Street, S&P 500 futures (ES=F) were down 0.5%, Dow futures (YM=F) shed 0.7%, and Nasdaq futures (NQ=F) were almost 0.6% lower as trade began in Europe.</p>\n<p>The S&P 500 ended September down 4.8%, its first monthly drop since January and the biggest since March 2020.</p>\n<p>On Thursday Federal Reserve chair Jerome Powell maintained that surging inflation data is being caused by supply chain challenges and that they will abate. Under questioning from the House Financial Services Committee, Powell said he expects inflation to ease in the first half of 2022.</p>","source":"yahoofinance_sg","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>European stock markets tumble amid fears of slowing economic growth</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEuropean stock markets tumble amid fears of slowing economic growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-01 17:33 GMT+8 <a href=https://finance.yahoo.com/news/european-stock-markets-ftse-dax-cac-tumble-amid-fears-of-slowing-economic-growth-075521947.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There was blood in the markets on Friday, as European stocks dragged lower after posting their first negative month since January on concerns of slowing economic growth.\nIn London, the FTSE 100 (^FTSE...</p>\n\n<a href=\"https://finance.yahoo.com/news/european-stock-markets-ftse-dax-cac-tumble-amid-fears-of-slowing-economic-growth-075521947.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/european-stock-markets-ftse-dax-cac-tumble-amid-fears-of-slowing-economic-growth-075521947.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193583996","content_text":"There was blood in the markets on Friday, as European stocks dragged lower after posting their first negative month since January on concerns of slowing economic growth.\nIn London, the FTSE 100 (^FTSE) fell 0.7% after opening, while the CAC (^FCHI) tumbled more than 1% in Paris and the German DAX (^GDAXI) was 1.2% lower.\n“Investors are now nervously eyeing October, and wondering perhaps if this could be the beginning of further weakness,” Michael Hewson of CMC Markets said.\n“As we head into the final quarter of 2021 the gains year to date are still pretty decent, which raises the question, how much more is left in the tank, and whether this October will live up to the reputation of Octobers past, and deliver a huge curveball, as well as giving investors an anxiety attack.”\nSurging energy prices, supply chain disruptions, and concerns about inflation will be keeping traders on their toes.\nOver on Wall Street, S&P 500 futures (ES=F) were down 0.5%, Dow futures (YM=F) shed 0.7%, and Nasdaq futures (NQ=F) were almost 0.6% lower as trade began in Europe.\nThe S&P 500 ended September down 4.8%, its first monthly drop since January and the biggest since March 2020.\nOn Thursday Federal Reserve chair Jerome Powell maintained that surging inflation data is being caused by supply chain challenges and that they will abate. Under questioning from the House Financial Services Committee, Powell said he expects inflation to ease in the first half of 2022.","news_type":1},"isVote":1,"tweetType":1,"viewCount":279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":824128493,"gmtCreate":1634292474761,"gmtModify":1634292474761,"author":{"id":"3586343950289208","authorId":"3586343950289208","name":"Thila","avatar":"https://static.tigerbbs.com/362b7c970c5fb57851fa8a79afe15cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/824128493","repostId":"1128641889","repostType":4,"repost":{"id":"1128641889","pubTimestamp":1634227362,"share":"https://www.laohu8.com/m/news/1128641889?lang=&edition=full","pubTime":"2021-10-15 00:02","market":"us","language":"en","title":"Tesla Is the World’s Most Valuable Car Stock. Even the Haters Think So.","url":"https://stock-news.laohu8.com/highlight/detail?id=1128641889","media":"Barrons","summary":"Tesla is the world’s most valuable car stock. Even the bears admit it.Thursday, Barclays analyst Brian Johnson raised his price target for Tesla stock to $300 from $230. He still rates shares the equivalent of Sell, though. And Tesla stock closed Thursday at $818.32—nowhere near $300. Still, his price target was bumped to an important level in one respect.At $300, Johnson is saying that Tesla stock is worth about $300 billion. That’s more than Toyota Motor’s market capitalization of about $28","content":"<p>Tesla is the world’s most valuable car stock. Even the bears admit it.</p>\n<p>Thursday, Barclays analyst Brian Johnson raised his price target for Tesla (ticker: TSLA) stock to $300 from $230. He still rates shares the equivalent of Sell, though. And Tesla stock closed Thursday at $818.32—nowhere near $300. Still, his price target was bumped to an important level in one respect.</p>\n<p>At $300, Johnson is saying that Tesla stock is worth about $300 billion. (Tesla has about 1 billion shares outstanding, making the math easy.) That’s more than Toyota Motor’s (TM) market capitalization of about $287 billion. Another analyst now believes there is no more valuable car company than Tesla.</p>\n<p>Tesla remains a very controversial stock on Wall Street. Analyst price targets—even removing the top and bottom targets to reduce skew—range from $150 to $1,080 a share. The $930 bull-bear spread is more than 100% of the current stock price and two to three times wider than the average spread for large stocks.</p>\n<p>The bull-bear spread for Microsoft (MSFT), for instance, is about $100 a share or roughly 33% of the stock’s recent $296.31 price.</p>\n<p>The Tesla controversy boils down, in large part, to a debate about what Tesla is. Bears believe it is a car company and that competition will erode its margins and slow its growth. Bulls believe Tesla is a platform tech company with many businesses—such as stationary power—along with its core car operations and that Tesla’s lead over automotive peers in things such as autonomous driving and battery management software will enable high growth for a decade while maintaining leading EV market share.</p>\n<p>Johnson, for his part, is a traditional auto analyst covering more than 20 companies. He appears to fall in the former camp. He rates General Motors (GM) and Ford Motor (F) stock Buy. Those two stocks trade for single-digit price-to-earnings ratios. Tesla trades for roughly 100 times estimated 2022 earnings.</p>\n<p>He raised his price target because, despite believing the company is overvalued, things are looking good going into the third-quarter earnings release due October 20.</p>\n<p>For the third quarter, Wall Street is looking for about $1.50 in per-share earnings from $13.5 billion in sales. The company earned $1.45 in adjusted per-share earnings from $12 billion in sales during the second quarter.</p>\n<p>Tesla stock has been on a strong run, reflecting the good setup into earnings. Shares are up about 21% over the past three months. The S&P 500 and Dow Jones Industrial Average are both down slightly over the same span.</p>\n<p>Its stock rose 0.4% to $821.75 in premarket trading.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Is the World’s Most Valuable Car Stock. Even the Haters Think So.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Is the World’s Most Valuable Car Stock. Even the Haters Think So.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-15 00:02 GMT+8 <a href=https://www.barrons.com/articles/tesla-stock-price-51634217724?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla is the world’s most valuable car stock. Even the bears admit it.\nThursday, Barclays analyst Brian Johnson raised his price target for Tesla (ticker: TSLA) stock to $300 from $230. He still rates...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-stock-price-51634217724?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-price-51634217724?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128641889","content_text":"Tesla is the world’s most valuable car stock. Even the bears admit it.\nThursday, Barclays analyst Brian Johnson raised his price target for Tesla (ticker: TSLA) stock to $300 from $230. He still rates shares the equivalent of Sell, though. And Tesla stock closed Thursday at $818.32—nowhere near $300. Still, his price target was bumped to an important level in one respect.\nAt $300, Johnson is saying that Tesla stock is worth about $300 billion. (Tesla has about 1 billion shares outstanding, making the math easy.) That’s more than Toyota Motor’s (TM) market capitalization of about $287 billion. Another analyst now believes there is no more valuable car company than Tesla.\nTesla remains a very controversial stock on Wall Street. Analyst price targets—even removing the top and bottom targets to reduce skew—range from $150 to $1,080 a share. The $930 bull-bear spread is more than 100% of the current stock price and two to three times wider than the average spread for large stocks.\nThe bull-bear spread for Microsoft (MSFT), for instance, is about $100 a share or roughly 33% of the stock’s recent $296.31 price.\nThe Tesla controversy boils down, in large part, to a debate about what Tesla is. Bears believe it is a car company and that competition will erode its margins and slow its growth. Bulls believe Tesla is a platform tech company with many businesses—such as stationary power—along with its core car operations and that Tesla’s lead over automotive peers in things such as autonomous driving and battery management software will enable high growth for a decade while maintaining leading EV market share.\nJohnson, for his part, is a traditional auto analyst covering more than 20 companies. He appears to fall in the former camp. He rates General Motors (GM) and Ford Motor (F) stock Buy. Those two stocks trade for single-digit price-to-earnings ratios. Tesla trades for roughly 100 times estimated 2022 earnings.\nHe raised his price target because, despite believing the company is overvalued, things are looking good going into the third-quarter earnings release due October 20.\nFor the third quarter, Wall Street is looking for about $1.50 in per-share earnings from $13.5 billion in sales. The company earned $1.45 in adjusted per-share earnings from $12 billion in sales during the second quarter.\nTesla stock has been on a strong run, reflecting the good setup into earnings. Shares are up about 21% over the past three months. The S&P 500 and Dow Jones Industrial Average are both down slightly over the same span.\nIts stock rose 0.4% to $821.75 in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":498,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":861893905,"gmtCreate":1632478013507,"gmtModify":1632719908818,"author":{"id":"3586343950289208","authorId":"3586343950289208","name":"Thila","avatar":"https://static.tigerbbs.com/362b7c970c5fb57851fa8a79afe15cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please thanks","listText":"Like please thanks","text":"Like please thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/861893905","repostId":"1147407851","repostType":4,"isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":878978848,"gmtCreate":1637143595149,"gmtModify":1637143595149,"author":{"id":"3586343950289208","authorId":"3586343950289208","name":"Thila","avatar":"https://static.tigerbbs.com/362b7c970c5fb57851fa8a79afe15cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878978848","repostId":"1131115107","repostType":4,"isVote":1,"tweetType":1,"viewCount":304,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":639493773,"gmtCreate":1643376367500,"gmtModify":1643376367608,"author":{"id":"3586343950289208","authorId":"3586343950289208","name":"Thila","avatar":"https://static.tigerbbs.com/362b7c970c5fb57851fa8a79afe15cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/639493773","repostId":"1133806987","repostType":4,"isVote":1,"tweetType":1,"viewCount":338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":697857581,"gmtCreate":1642415185040,"gmtModify":1642415185117,"author":{"id":"3586343950289208","authorId":"3586343950289208","name":"Thila","avatar":"https://static.tigerbbs.com/362b7c970c5fb57851fa8a79afe15cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CFA.SI\">$NikkoAM-STC Asia REIT(CFA.SI)$</a>very nicer mm","listText":"<a href=\"https://laohu8.com/S/CFA.SI\">$NikkoAM-STC Asia REIT(CFA.SI)$</a>very nicer mm","text":"$NikkoAM-STC Asia REIT(CFA.SI)$very nicer 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Inc.(SADL)$vintersting","images":[{"img":"https://static.tigerbbs.com/012c55a8ba8c83ad88d27bc70d7d2b10","width":"1080","height":"2429"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/824128209","isVote":1,"tweetType":1,"viewCount":452,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":864805717,"gmtCreate":1633082887081,"gmtModify":1633082988978,"author":{"id":"3586343950289208","authorId":"3586343950289208","name":"Thila","avatar":"https://static.tigerbbs.com/362b7c970c5fb57851fa8a79afe15cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CFA.SI\">$NikkoAM-STC Asia REIT(CFA.SI)$</a>vrY NtERDTI","listText":"<a href=\"https://laohu8.com/S/CFA.SI\">$NikkoAM-STC Asia REIT(CFA.SI)$</a>vrY NtERDTI","text":"$NikkoAM-STC Asia REIT(CFA.SI)$vrY NtERDTI","images":[{"img":"https://static.tigerbbs.com/226d6b8d96d1be2fe2d74f6439f277a5","width":"1080","height":"2429"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/864805717","isVote":1,"tweetType":1,"viewCount":401,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":862731182,"gmtCreate":1632911677989,"gmtModify":1632911678118,"author":{"id":"3586343950289208","authorId":"3586343950289208","name":"Thila","avatar":"https://static.tigerbbs.com/362b7c970c5fb57851fa8a79afe15cd3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Very interesting","listText":"Very interesting","text":"Very interesting","images":[{"img":"https://static.tigerbbs.com/30722f13cbf7907202daa6ab7002fe13","width":"1080","height":"2429"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/862731182","isVote":1,"tweetType":1,"viewCount":282,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0}],"lives":[]}