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Wall Street bounces back on renewed economic optimism
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Why Virgin Galactic Is a Better Buy Than AMC
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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1626812915,"share":"https://www.laohu8.com/m/news/2153924256?lang=&edition=full","pubTime":"2021-07-21 04:28","market":"us","language":"en","title":"Wall Street bounces back on renewed economic optimism","url":"https://stock-news.laohu8.com/highlight/detail?id=2153924256","media":"Reuters","summary":"NEW YORK, July 20 (Reuters) - Wall Street ended sharply higher on Tuesday, rebounding from a multi-d","content":"<p>NEW YORK, July 20 (Reuters) - Wall Street ended sharply higher on Tuesday, rebounding from a multi-day losing streak as a string of upbeat earnings reports and revived economic optimism fueled a risk-on rally.</p>\n<p>All three major U.S. stock indexes gained more than 1% with the blue-chip Dow, on the heels of its worst day in nine months, leading the charge.</p>\n<p>The S&P notched its first advance in four days as well as registering its strongest day since March. The Nasdaq posted its first gain in six sessions.</p>\n<p>\"It’s a buy-the-dip mentality coming into the market,\" said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana.</p>\n<p>Economically sensitive small caps and transports outperformed the broader market.</p>\n<p>Benchmark U.S. Treasury yields bounced back from five-month lows, in the wake of their biggest single-session decline since February in the prior session . This helped boost rate-vulnerable banks by 2.6%.</p>\n<p>\"The economically sensitive stocks are up today,\" Carlson added. \"When the 10-year (Treasury yield) goes down in a short period of time, that typically doesn’t happen with an economy that’s supposed to be growing. Firming in the 10-year (yield) indicates that perhaps the economy isn’t going to be falling off a cliff.\"</p>\n<p>Mounting concerns over the highly contagious Delta variant of COVID-19, now responsible for the majority of new infections, have sparked sell-offs in recent sessions as worldwide vaccination efforts gather momentum.</p>\n<p>\"Things like the Delta variant can certainly impact in the margins,\" Carlson said. \"It doesn’t take a whole lot of fear in some investors to create what we saw yesterday.\"</p>\n<p>The Dow Jones Industrial Average rose 549.95 points, or 1.62%, to 34,511.99, the S&P 500 gained 64.57 points, or 1.52%, to 4,323.06 and the Nasdaq Composite added 223.89 points, or 1.57%, to 14,498.88.</p>\n<p>Of the 11 major sectors in the S&P 500, all but consumer staples closed green. Industrials fared best, rising 2.7%.</p>\n<p>Second-quarter reporting season has hit full-stride, with 56 of the companies in the S&P 500 having posted results. Of those, 91% have beaten consensus, according to Refinitiv.</p>\n<p>Analysts now see annual S&P earnings growth of 72.9% for the April-June period, a significant improvement over the 54% growth seen at the beginning of the quarter.</p>\n<p>Halliburton Co rose 3.7% after a bounce-back in crude prices boosted oilfield services demand, leading the company to post its second consecutive quarterly profit.</p>\n<p>Peloton Interactive Inc advanced 6.7% after announcing it would provide UnitedHealth Group's fully insured members free access to its live and on-demand fitness classes.</p>\n<p>Moderna's stock dropped 2% in a volatile session on Tuesday, with the COVID-19 vaccine maker the most heavily traded company on Wall Street ahead of its debut in the S&P 500 on Wednesday.</p>\n<p>Netflix Inc shares dipped more than 3% in after- hours trading after its forecast missed estimates.</p>\n<p>Shares of Chipotle Mexican Grill gained over 2% post-market after its earnings and revenue beat consensus.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 4.44-to-1 ratio; on Nasdaq, a 3.59-to-1 ratio favored advancers.</p>\n<p>The S&P 500 posted 41 new 52-week highs and no new lows; the Nasdaq Composite recorded 45 new highs and 76 new lows.</p>\n<p>Volume on U.S. exchanges was 10.62 billion shares, compared with the 10.19 billion average over the last 20 trading days.</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>Wall Street bounces back on renewed economic optimism</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street bounces back on renewed economic optimism\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-21 04:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, July 20 (Reuters) - Wall Street ended sharply higher on Tuesday, rebounding from a multi-day losing streak as a string of upbeat earnings reports and revived economic optimism fueled a risk-on rally.</p>\n<p>All three major U.S. stock indexes gained more than 1% with the blue-chip Dow, on the heels of its worst day in nine months, leading the charge.</p>\n<p>The S&P notched its first advance in four days as well as registering its strongest day since March. The Nasdaq posted its first gain in six sessions.</p>\n<p>\"It’s a buy-the-dip mentality coming into the market,\" said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana.</p>\n<p>Economically sensitive small caps and transports outperformed the broader market.</p>\n<p>Benchmark U.S. Treasury yields bounced back from five-month lows, in the wake of their biggest single-session decline since February in the prior session . This helped boost rate-vulnerable banks by 2.6%.</p>\n<p>\"The economically sensitive stocks are up today,\" Carlson added. \"When the 10-year (Treasury yield) goes down in a short period of time, that typically doesn’t happen with an economy that’s supposed to be growing. Firming in the 10-year (yield) indicates that perhaps the economy isn’t going to be falling off a cliff.\"</p>\n<p>Mounting concerns over the highly contagious Delta variant of COVID-19, now responsible for the majority of new infections, have sparked sell-offs in recent sessions as worldwide vaccination efforts gather momentum.</p>\n<p>\"Things like the Delta variant can certainly impact in the margins,\" Carlson said. \"It doesn’t take a whole lot of fear in some investors to create what we saw yesterday.\"</p>\n<p>The Dow Jones Industrial Average rose 549.95 points, or 1.62%, to 34,511.99, the S&P 500 gained 64.57 points, or 1.52%, to 4,323.06 and the Nasdaq Composite added 223.89 points, or 1.57%, to 14,498.88.</p>\n<p>Of the 11 major sectors in the S&P 500, all but consumer staples closed green. Industrials fared best, rising 2.7%.</p>\n<p>Second-quarter reporting season has hit full-stride, with 56 of the companies in the S&P 500 having posted results. Of those, 91% have beaten consensus, according to Refinitiv.</p>\n<p>Analysts now see annual S&P earnings growth of 72.9% for the April-June period, a significant improvement over the 54% growth seen at the beginning of the quarter.</p>\n<p>Halliburton Co rose 3.7% after a bounce-back in crude prices boosted oilfield services demand, leading the company to post its second consecutive quarterly profit.</p>\n<p>Peloton Interactive Inc advanced 6.7% after announcing it would provide UnitedHealth Group's fully insured members free access to its live and on-demand fitness classes.</p>\n<p>Moderna's stock dropped 2% in a volatile session on Tuesday, with the COVID-19 vaccine maker the most heavily traded company on Wall Street ahead of its debut in the S&P 500 on Wednesday.</p>\n<p>Netflix Inc shares dipped more than 3% in after- hours trading after its forecast missed estimates.</p>\n<p>Shares of Chipotle Mexican Grill gained over 2% post-market after its earnings and revenue beat consensus.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 4.44-to-1 ratio; on Nasdaq, a 3.59-to-1 ratio favored advancers.</p>\n<p>The S&P 500 posted 41 new 52-week highs and no new lows; the Nasdaq Composite recorded 45 new highs and 76 new lows.</p>\n<p>Volume on U.S. exchanges was 10.62 billion shares, compared with the 10.19 billion average over the last 20 trading days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SDS":"两倍做空标普500ETF","TQQQ":"纳指三倍做多ETF","QQQ":"纳指100ETF","DOG":"道指反向ETF","UPRO":"三倍做多标普500ETF","UDOW":"道指三倍做多ETF-ProShares","QID":"纳指两倍做空ETF","SH":"标普500反向ETF","NFLX":"奈飞","MRNA":"Moderna, Inc.","OEX":"标普100","IVV":"标普500指数ETF","SSO":"两倍做多标普500ETF","QNETCN":"纳斯达克中美互联网老虎指数","SPXU":"三倍做空标普500ETF","OEF":"标普100指数ETF-iShares","SQQQ":"纳指三倍做空ETF","DXD":"道指两倍做空ETF","QLD":"纳指两倍做多ETF","PSQ":"纳指反向ETF","DJX":"1/100道琼斯","SDOW":"道指三倍做空ETF-ProShares","DDM":"道指两倍做多ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153924256","content_text":"NEW YORK, July 20 (Reuters) - Wall Street ended sharply higher on Tuesday, rebounding from a multi-day losing streak as a string of upbeat earnings reports and revived economic optimism fueled a risk-on rally.\nAll three major U.S. stock indexes gained more than 1% with the blue-chip Dow, on the heels of its worst day in nine months, leading the charge.\nThe S&P notched its first advance in four days as well as registering its strongest day since March. The Nasdaq posted its first gain in six sessions.\n\"It’s a buy-the-dip mentality coming into the market,\" said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana.\nEconomically sensitive small caps and transports outperformed the broader market.\nBenchmark U.S. Treasury yields bounced back from five-month lows, in the wake of their biggest single-session decline since February in the prior session . This helped boost rate-vulnerable banks by 2.6%.\n\"The economically sensitive stocks are up today,\" Carlson added. \"When the 10-year (Treasury yield) goes down in a short period of time, that typically doesn’t happen with an economy that’s supposed to be growing. Firming in the 10-year (yield) indicates that perhaps the economy isn’t going to be falling off a cliff.\"\nMounting concerns over the highly contagious Delta variant of COVID-19, now responsible for the majority of new infections, have sparked sell-offs in recent sessions as worldwide vaccination efforts gather momentum.\n\"Things like the Delta variant can certainly impact in the margins,\" Carlson said. \"It doesn’t take a whole lot of fear in some investors to create what we saw yesterday.\"\nThe Dow Jones Industrial Average rose 549.95 points, or 1.62%, to 34,511.99, the S&P 500 gained 64.57 points, or 1.52%, to 4,323.06 and the Nasdaq Composite added 223.89 points, or 1.57%, to 14,498.88.\nOf the 11 major sectors in the S&P 500, all but consumer staples closed green. Industrials fared best, rising 2.7%.\nSecond-quarter reporting season has hit full-stride, with 56 of the companies in the S&P 500 having posted results. Of those, 91% have beaten consensus, according to Refinitiv.\nAnalysts now see annual S&P earnings growth of 72.9% for the April-June period, a significant improvement over the 54% growth seen at the beginning of the quarter.\nHalliburton Co rose 3.7% after a bounce-back in crude prices boosted oilfield services demand, leading the company to post its second consecutive quarterly profit.\nPeloton Interactive Inc advanced 6.7% after announcing it would provide UnitedHealth Group's fully insured members free access to its live and on-demand fitness classes.\nModerna's stock dropped 2% in a volatile session on Tuesday, with the COVID-19 vaccine maker the most heavily traded company on Wall Street ahead of its debut in the S&P 500 on Wednesday.\nNetflix Inc shares dipped more than 3% in after- hours trading after its forecast missed estimates.\nShares of Chipotle Mexican Grill gained over 2% post-market after its earnings and revenue beat consensus.\nAdvancing issues outnumbered declining ones on the NYSE by a 4.44-to-1 ratio; on Nasdaq, a 3.59-to-1 ratio favored advancers.\nThe S&P 500 posted 41 new 52-week highs and no new lows; the Nasdaq Composite recorded 45 new highs and 76 new lows.\nVolume on U.S. exchanges was 10.62 billion shares, compared with the 10.19 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":173376141,"gmtCreate":1626623591783,"gmtModify":1631886457293,"author":{"id":"3586582968662313","authorId":"3586582968662313","name":"3dff2466","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586582968662313","authorIdStr":"3586582968662313"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/INND\">$Innerscope Hearing Technologies, Inc.(INND)$</a>[Grin] ","listText":"<a href=\"https://laohu8.com/S/INND\">$Innerscope Hearing Technologies, Inc.(INND)$</a>[Grin] ","text":"$Innerscope Hearing Technologies, Inc.(INND)$[Grin]","images":[{"img":"https://static.tigerbbs.com/9a3bbaeae1b947509c3372d775d1d77d","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/173376141","isVote":1,"tweetType":1,"viewCount":264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":141704898,"gmtCreate":1625889772614,"gmtModify":1631889164356,"author":{"id":"3586582968662313","authorId":"3586582968662313","name":"3dff2466","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586582968662313","authorIdStr":"3586582968662313"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/141704898","repostId":"1134141249","repostType":4,"repost":{"id":"1134141249","pubTimestamp":1625881620,"share":"https://www.laohu8.com/m/news/1134141249?lang=&edition=full","pubTime":"2021-07-10 09:47","market":"us","language":"en","title":"Why Virgin Galactic Is a Better Buy Than AMC","url":"https://stock-news.laohu8.com/highlight/detail?id=1134141249","media":"InvestorPlace","summary":"SPCE stock has a more compelling long-term bull thesis than AMC. In the last seven weeks, shares of Virgin Galactic stock are up 177%. The big news driving shares higher is that the Federal Aviation Administration approved Virgin to carry passengers into space.At the same time, SPCE stock has the attention of Reddit’s WallStreetBets trading community. In fact, it has become one of the most popular social media meme stocks in recent weeks. Virgin is not quite at the level of AMC Entertainment in","content":"<p>SPCE stock has a more compelling long-term bull thesis than AMC</p>\n<p>In the last seven weeks, shares of <b>Virgin Galactic</b>(NYSE:<b><u>SPCE</u></b>) stock are up 177%. The big news driving shares higher is that the Federal Aviation Administration (FAA) approved Virgin to carry passengers into space.</p>\n<p>At the same time, SPCE stock has the attention of Reddit’s WallStreetBets trading community. In fact, it has become one of the most popular social media meme stocks in recent weeks. Virgin is not quite at the level of <b>AMC Entertainment</b>(NYSE:<b><u>AMC</u></b>) in terms of social media buzz. However, Virgin is one of the 10 most mentioned tickers on WallStreetBets, according toSwaggy Stocks.</p>\n<p>If you’re a meme stock gambler, best of luck to you. I think you’ll have just as good a chance at day trading AMC stock for a profit as you would flipping SPCE stock or betting on red at the roulette table. If you are a long-term investor, both AMC and Virgin Galactic are grossly overvalued. However, SPCE stock has a much more compelling long-term bull thesis than AMC does.</p>\n<p><b>Why SPCE Stock Is Soaring</b></p>\n<p>On June 25, Virgin announced the FAA granted the company a commercial space-launch license.</p>\n<p>Shortly thereafter, popular billionaire founder Richard Branson announced he would be on Virgin’s first manned flight on July 11. By doing so, Branson will beat <b>Amazon.com</b>(NASDAQ:<b><u>AMZN</u></b>) founder Jeff Bezos in the billionairespace race. Bezos will be aboard Blue Origin’s first manned flight on July 20.</p>\n<p>There’s no question the recent headlines are overwhelmingly positive for the company’s brand and long-term outlook. However, Virgin Galactic is still years away from doing any meaningful business.</p>\n<p>Bank of America analyst Ronald Epstein is projecting $2 million in revenue from the company in 2021. By 2023, he is projecting Virgin Galactic’s revenue will grow to $115 million. For context, its market cap is now $10.8 billion. That valuation is slightly higher than <b>Dick’s Sporting Goods</b>(NYSE:<b><u>DKS</u></b>) at $9 billion. Bank of America is projecting $11.1 billion in revenue for Dick’s in 2023. That’s roughly 10 times more revenue than Virgin Galactic.</p>\n<p>I’m not suggesting that Virgin Galactic and Dick’s are even remotely comparable in terms of business model or growth outlook. I’m merely highlighting how tiny Virgin Galactic’s business is today and how tiny it will continue to be for at least several more years.</p>\n<p><b>Two Overvalued Stocks</b></p>\n<p>Once again, the FAA news is unequivocally good news for Virgin Galactic’s long-term outlook.</p>\n<p>“We continue to see Virgin Galactic as a beneficiary of the new commercial space race,” Epstein said following the FAA news.</p>\n<p>“However, we believe this premium is already priced into the stock and will dwindle as more commercial space companies go public.”</p>\n<p>In that same note, Epstein downgraded SPCE stock from “neutral” to “underperform.” He also set a $41 price target, well below the $49 it was trading on July 9.</p>\n<p>Like Virgin, AMC is also unprofitable. It’s also extremely overvalued based on current and projected earnings, sales and cash flow.</p>\n<p>But AMC also has an Everest-sized mountain of debt. And it has flooded the market with new shares of stock, diluting current shareholders in an attempt to stay solvent and avoid bankruptcy.</p>\n<p><b>How to Play it</b></p>\n<p>While SPCE stock is up 177% since mid-May, AMC is up 300%. As I discussed, Virgin Galactic’s big move came on the heels of major positive headlines about the company’s long-term future. The major news about AMC in recent weeks has been that the company is selling millions more shares of stock and giving retail investors free popcorn.</p>\n<p>Oh, and the company itself also took the time to include a warning to investors in an official filing.</p>\n<p>“Under the circumstances, we caution you against investing in our Class A common stock, unless you are prepared to incur the risk of losing all or a substantial portion of your investment,” AMC wrote.</p>\n<p>Virgin Galactic is an overvalued growth stock with a reasonable chance the company will eventually grow into its current valuation. Of course, that growth may take five years or longer to play out.</p>\n<p>AMC is the exact opposite. Movie theater ticket sales have been steadily shrinking for about two decades. There’s a huge difference between making a high-risk bet on an early leader in a potentially massive growth market and making a high-risk bet on a leader in a market in secular decline.</p>\n<p>I’m not recommending long-term investors buy AMC or SPCE at this point. But if you’re going to choose one of the two meme stocks, the SPCE stock bull thesis makes a lot more sense.</p>","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>Why Virgin Galactic Is a Better Buy Than AMC</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\">\nWhy Virgin Galactic Is a Better Buy Than AMC\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-10 09:47 GMT+8 <a href=https://investorplace.com/2021/07/spce-stock-why-virgin-galactic-is-a-better-buy-than-amc/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SPCE stock has a more compelling long-term bull thesis than AMC\nIn the last seven weeks, shares of Virgin Galactic(NYSE:SPCE) stock are up 177%. The big news driving shares higher is that the Federal ...</p>\n\n<a href=\"https://investorplace.com/2021/07/spce-stock-why-virgin-galactic-is-a-better-buy-than-amc/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河","AMC":"AMC院线"},"source_url":"https://investorplace.com/2021/07/spce-stock-why-virgin-galactic-is-a-better-buy-than-amc/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134141249","content_text":"SPCE stock has a more compelling long-term bull thesis than AMC\nIn the last seven weeks, shares of Virgin Galactic(NYSE:SPCE) stock are up 177%. The big news driving shares higher is that the Federal Aviation Administration (FAA) approved Virgin to carry passengers into space.\nAt the same time, SPCE stock has the attention of Reddit’s WallStreetBets trading community. In fact, it has become one of the most popular social media meme stocks in recent weeks. Virgin is not quite at the level of AMC Entertainment(NYSE:AMC) in terms of social media buzz. However, Virgin is one of the 10 most mentioned tickers on WallStreetBets, according toSwaggy Stocks.\nIf you’re a meme stock gambler, best of luck to you. I think you’ll have just as good a chance at day trading AMC stock for a profit as you would flipping SPCE stock or betting on red at the roulette table. If you are a long-term investor, both AMC and Virgin Galactic are grossly overvalued. However, SPCE stock has a much more compelling long-term bull thesis than AMC does.\nWhy SPCE Stock Is Soaring\nOn June 25, Virgin announced the FAA granted the company a commercial space-launch license.\nShortly thereafter, popular billionaire founder Richard Branson announced he would be on Virgin’s first manned flight on July 11. By doing so, Branson will beat Amazon.com(NASDAQ:AMZN) founder Jeff Bezos in the billionairespace race. Bezos will be aboard Blue Origin’s first manned flight on July 20.\nThere’s no question the recent headlines are overwhelmingly positive for the company’s brand and long-term outlook. However, Virgin Galactic is still years away from doing any meaningful business.\nBank of America analyst Ronald Epstein is projecting $2 million in revenue from the company in 2021. By 2023, he is projecting Virgin Galactic’s revenue will grow to $115 million. For context, its market cap is now $10.8 billion. That valuation is slightly higher than Dick’s Sporting Goods(NYSE:DKS) at $9 billion. Bank of America is projecting $11.1 billion in revenue for Dick’s in 2023. That’s roughly 10 times more revenue than Virgin Galactic.\nI’m not suggesting that Virgin Galactic and Dick’s are even remotely comparable in terms of business model or growth outlook. I’m merely highlighting how tiny Virgin Galactic’s business is today and how tiny it will continue to be for at least several more years.\nTwo Overvalued Stocks\nOnce again, the FAA news is unequivocally good news for Virgin Galactic’s long-term outlook.\n“We continue to see Virgin Galactic as a beneficiary of the new commercial space race,” Epstein said following the FAA news.\n“However, we believe this premium is already priced into the stock and will dwindle as more commercial space companies go public.”\nIn that same note, Epstein downgraded SPCE stock from “neutral” to “underperform.” He also set a $41 price target, well below the $49 it was trading on July 9.\nLike Virgin, AMC is also unprofitable. It’s also extremely overvalued based on current and projected earnings, sales and cash flow.\nBut AMC also has an Everest-sized mountain of debt. And it has flooded the market with new shares of stock, diluting current shareholders in an attempt to stay solvent and avoid bankruptcy.\nHow to Play it\nWhile SPCE stock is up 177% since mid-May, AMC is up 300%. As I discussed, Virgin Galactic’s big move came on the heels of major positive headlines about the company’s long-term future. The major news about AMC in recent weeks has been that the company is selling millions more shares of stock and giving retail investors free popcorn.\nOh, and the company itself also took the time to include a warning to investors in an official filing.\n“Under the circumstances, we caution you against investing in our Class A common stock, unless you are prepared to incur the risk of losing all or a substantial portion of your investment,” AMC wrote.\nVirgin Galactic is an overvalued growth stock with a reasonable chance the company will eventually grow into its current valuation. Of course, that growth may take five years or longer to play out.\nAMC is the exact opposite. Movie theater ticket sales have been steadily shrinking for about two decades. There’s a huge difference between making a high-risk bet on an early leader in a potentially massive growth market and making a high-risk bet on a leader in a market in secular decline.\nI’m not recommending long-term investors buy AMC or SPCE at this point. But if you’re going to choose one of the two meme stocks, the SPCE stock bull thesis makes a lot more sense.","news_type":1},"isVote":1,"tweetType":1,"viewCount":132,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153169417,"gmtCreate":1625013880739,"gmtModify":1631889164367,"author":{"id":"3586582968662313","authorId":"3586582968662313","name":"3dff2466","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586582968662313","authorIdStr":"3586582968662313"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>😂","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>😂","text":"$Apple(AAPL)$😂","images":[{"img":"https://static.tigerbbs.com/e01b3caf9363b4739a72add083d55de7","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/153169417","isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":123380285,"gmtCreate":1624409096347,"gmtModify":1631885376100,"author":{"id":"3586582968662313","authorId":"3586582968662313","name":"3dff2466","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586582968662313","authorIdStr":"3586582968662313"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BVA.SI\">$TOP GLOVE CORPORATION BHD(BVA.SI)$</a>Small entry","listText":"<a href=\"https://laohu8.com/S/BVA.SI\">$TOP GLOVE CORPORATION BHD(BVA.SI)$</a>Small entry","text":"$TOP GLOVE CORPORATION BHD(BVA.SI)$Small entry","images":[{"img":"https://static.tigerbbs.com/67185aa08a90e43bdc9db426025d9445","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/123380285","isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":164361533,"gmtCreate":1624172501422,"gmtModify":1631885376166,"author":{"id":"3586582968662313","authorId":"3586582968662313","name":"3dff2466","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586582968662313","authorIdStr":"3586582968662313"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BVA.SI\">$TOP GLOVE CORPORATION BHD(BVA.SI)$</a>Lol","listText":"<a href=\"https://laohu8.com/S/BVA.SI\">$TOP GLOVE CORPORATION BHD(BVA.SI)$</a>Lol","text":"$TOP GLOVE CORPORATION BHD(BVA.SI)$Lol","images":[{"img":"https://static.tigerbbs.com/77be36b887a012962327e4656f9eb15f","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/164361533","isVote":1,"tweetType":1,"viewCount":116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":162584170,"gmtCreate":1624068183690,"gmtModify":1631885238142,"author":{"id":"3586582968662313","authorId":"3586582968662313","name":"3dff2466","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586582968662313","authorIdStr":"3586582968662313"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TRCH\">$Torchlight Energy Resources(TRCH)$</a>^^","listText":"<a href=\"https://laohu8.com/S/TRCH\">$Torchlight Energy Resources(TRCH)$</a>^^","text":"$Torchlight Energy Resources(TRCH)$^^","images":[{"img":"https://static.tigerbbs.com/06c34191ea34e6e37e3be7ed4cb55221","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/162584170","isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":186688091,"gmtCreate":1623492241713,"gmtModify":1631889164380,"author":{"id":"3586582968662313","authorId":"3586582968662313","name":"3dff2466","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586582968662313","authorIdStr":"3586582968662313"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/01810\">$XIAOMI-W(01810)$</a>This is good","listText":"<a href=\"https://laohu8.com/S/01810\">$XIAOMI-W(01810)$</a>This is good","text":"$XIAOMI-W(01810)$This is good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/186688091","isVote":1,"tweetType":1,"viewCount":244,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186680632,"gmtCreate":1623491936126,"gmtModify":1631889164440,"author":{"id":"3586582968662313","authorId":"3586582968662313","name":"3dff2466","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586582968662313","authorIdStr":"3586582968662313"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Will apple go to at least 130?","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Will apple go to at least 130?","text":"$Apple(AAPL)$Will apple go to at least 130?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":1,"link":"https://laohu8.com/post/186680632","isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":153169417,"gmtCreate":1625013880739,"gmtModify":1631889164367,"author":{"id":"3586582968662313","authorId":"3586582968662313","name":"3dff2466","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586582968662313","authorIdStr":"3586582968662313"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>😂","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>😂","text":"$Apple(AAPL)$😂","images":[{"img":"https://static.tigerbbs.com/e01b3caf9363b4739a72add083d55de7","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/153169417","isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":123380285,"gmtCreate":1624409096347,"gmtModify":1631885376100,"author":{"id":"3586582968662313","authorId":"3586582968662313","name":"3dff2466","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586582968662313","authorIdStr":"3586582968662313"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BVA.SI\">$TOP GLOVE CORPORATION BHD(BVA.SI)$</a>Small entry","listText":"<a href=\"https://laohu8.com/S/BVA.SI\">$TOP GLOVE CORPORATION BHD(BVA.SI)$</a>Small entry","text":"$TOP GLOVE CORPORATION BHD(BVA.SI)$Small entry","images":[{"img":"https://static.tigerbbs.com/67185aa08a90e43bdc9db426025d9445","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/123380285","isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":850255664,"gmtCreate":1634604346632,"gmtModify":1634604346951,"author":{"id":"3586582968662313","authorId":"3586582968662313","name":"3dff2466","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586582968662313","authorIdStr":"3586582968662313"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SENS\">$Senseonics(SENS)$</a>[Grin] ","listText":"<a href=\"https://laohu8.com/S/SENS\">$Senseonics(SENS)$</a>[Grin] ","text":"$Senseonics(SENS)$[Grin]","images":[{"img":"https://static.tigerbbs.com/6a6940d7bad8de9dc6be547e19367f88","width":"750","height":"1174"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":1,"link":"https://laohu8.com/post/850255664","isVote":1,"tweetType":1,"viewCount":465,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":173376141,"gmtCreate":1626623591783,"gmtModify":1631886457293,"author":{"id":"3586582968662313","authorId":"3586582968662313","name":"3dff2466","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586582968662313","authorIdStr":"3586582968662313"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/INND\">$Innerscope Hearing Technologies, Inc.(INND)$</a>[Grin] ","listText":"<a href=\"https://laohu8.com/S/INND\">$Innerscope Hearing Technologies, Inc.(INND)$</a>[Grin] ","text":"$Innerscope Hearing Technologies, Inc.(INND)$[Grin]","images":[{"img":"https://static.tigerbbs.com/9a3bbaeae1b947509c3372d775d1d77d","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/173376141","isVote":1,"tweetType":1,"viewCount":264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":164361533,"gmtCreate":1624172501422,"gmtModify":1631885376166,"author":{"id":"3586582968662313","authorId":"3586582968662313","name":"3dff2466","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586582968662313","authorIdStr":"3586582968662313"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BVA.SI\">$TOP GLOVE CORPORATION BHD(BVA.SI)$</a>Lol","listText":"<a href=\"https://laohu8.com/S/BVA.SI\">$TOP GLOVE CORPORATION BHD(BVA.SI)$</a>Lol","text":"$TOP GLOVE CORPORATION BHD(BVA.SI)$Lol","images":[{"img":"https://static.tigerbbs.com/77be36b887a012962327e4656f9eb15f","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/164361533","isVote":1,"tweetType":1,"viewCount":116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":186680632,"gmtCreate":1623491936126,"gmtModify":1631889164440,"author":{"id":"3586582968662313","authorId":"3586582968662313","name":"3dff2466","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586582968662313","authorIdStr":"3586582968662313"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Will apple go to at least 130?","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Will apple go to at least 130?","text":"$Apple(AAPL)$Will apple go to at least 130?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":1,"link":"https://laohu8.com/post/186680632","isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":178400520,"gmtCreate":1626829973960,"gmtModify":1631889164345,"author":{"id":"3586582968662313","authorId":"3586582968662313","name":"3dff2466","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586582968662313","authorIdStr":"3586582968662313"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/178400520","repostId":"2153924256","repostType":4,"repost":{"id":"2153924256","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1626812915,"share":"https://www.laohu8.com/m/news/2153924256?lang=&edition=full","pubTime":"2021-07-21 04:28","market":"us","language":"en","title":"Wall Street bounces back on renewed economic optimism","url":"https://stock-news.laohu8.com/highlight/detail?id=2153924256","media":"Reuters","summary":"NEW YORK, July 20 (Reuters) - Wall Street ended sharply higher on Tuesday, rebounding from a multi-d","content":"<p>NEW YORK, July 20 (Reuters) - Wall Street ended sharply higher on Tuesday, rebounding from a multi-day losing streak as a string of upbeat earnings reports and revived economic optimism fueled a risk-on rally.</p>\n<p>All three major U.S. stock indexes gained more than 1% with the blue-chip Dow, on the heels of its worst day in nine months, leading the charge.</p>\n<p>The S&P notched its first advance in four days as well as registering its strongest day since March. The Nasdaq posted its first gain in six sessions.</p>\n<p>\"It’s a buy-the-dip mentality coming into the market,\" said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana.</p>\n<p>Economically sensitive small caps and transports outperformed the broader market.</p>\n<p>Benchmark U.S. Treasury yields bounced back from five-month lows, in the wake of their biggest single-session decline since February in the prior session . This helped boost rate-vulnerable banks by 2.6%.</p>\n<p>\"The economically sensitive stocks are up today,\" Carlson added. \"When the 10-year (Treasury yield) goes down in a short period of time, that typically doesn’t happen with an economy that’s supposed to be growing. Firming in the 10-year (yield) indicates that perhaps the economy isn’t going to be falling off a cliff.\"</p>\n<p>Mounting concerns over the highly contagious Delta variant of COVID-19, now responsible for the majority of new infections, have sparked sell-offs in recent sessions as worldwide vaccination efforts gather momentum.</p>\n<p>\"Things like the Delta variant can certainly impact in the margins,\" Carlson said. \"It doesn’t take a whole lot of fear in some investors to create what we saw yesterday.\"</p>\n<p>The Dow Jones Industrial Average rose 549.95 points, or 1.62%, to 34,511.99, the S&P 500 gained 64.57 points, or 1.52%, to 4,323.06 and the Nasdaq Composite added 223.89 points, or 1.57%, to 14,498.88.</p>\n<p>Of the 11 major sectors in the S&P 500, all but consumer staples closed green. Industrials fared best, rising 2.7%.</p>\n<p>Second-quarter reporting season has hit full-stride, with 56 of the companies in the S&P 500 having posted results. Of those, 91% have beaten consensus, according to Refinitiv.</p>\n<p>Analysts now see annual S&P earnings growth of 72.9% for the April-June period, a significant improvement over the 54% growth seen at the beginning of the quarter.</p>\n<p>Halliburton Co rose 3.7% after a bounce-back in crude prices boosted oilfield services demand, leading the company to post its second consecutive quarterly profit.</p>\n<p>Peloton Interactive Inc advanced 6.7% after announcing it would provide UnitedHealth Group's fully insured members free access to its live and on-demand fitness classes.</p>\n<p>Moderna's stock dropped 2% in a volatile session on Tuesday, with the COVID-19 vaccine maker the most heavily traded company on Wall Street ahead of its debut in the S&P 500 on Wednesday.</p>\n<p>Netflix Inc shares dipped more than 3% in after- hours trading after its forecast missed estimates.</p>\n<p>Shares of Chipotle Mexican Grill gained over 2% post-market after its earnings and revenue beat consensus.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 4.44-to-1 ratio; on Nasdaq, a 3.59-to-1 ratio favored advancers.</p>\n<p>The S&P 500 posted 41 new 52-week highs and no new lows; the Nasdaq Composite recorded 45 new highs and 76 new lows.</p>\n<p>Volume on U.S. exchanges was 10.62 billion shares, compared with the 10.19 billion average over the last 20 trading days.</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>Wall Street bounces back on renewed economic optimism</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\">\nWall Street bounces back on renewed economic optimism\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-21 04:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, July 20 (Reuters) - Wall Street ended sharply higher on Tuesday, rebounding from a multi-day losing streak as a string of upbeat earnings reports and revived economic optimism fueled a risk-on rally.</p>\n<p>All three major U.S. stock indexes gained more than 1% with the blue-chip Dow, on the heels of its worst day in nine months, leading the charge.</p>\n<p>The S&P notched its first advance in four days as well as registering its strongest day since March. The Nasdaq posted its first gain in six sessions.</p>\n<p>\"It’s a buy-the-dip mentality coming into the market,\" said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana.</p>\n<p>Economically sensitive small caps and transports outperformed the broader market.</p>\n<p>Benchmark U.S. Treasury yields bounced back from five-month lows, in the wake of their biggest single-session decline since February in the prior session . This helped boost rate-vulnerable banks by 2.6%.</p>\n<p>\"The economically sensitive stocks are up today,\" Carlson added. \"When the 10-year (Treasury yield) goes down in a short period of time, that typically doesn’t happen with an economy that’s supposed to be growing. Firming in the 10-year (yield) indicates that perhaps the economy isn’t going to be falling off a cliff.\"</p>\n<p>Mounting concerns over the highly contagious Delta variant of COVID-19, now responsible for the majority of new infections, have sparked sell-offs in recent sessions as worldwide vaccination efforts gather momentum.</p>\n<p>\"Things like the Delta variant can certainly impact in the margins,\" Carlson said. \"It doesn’t take a whole lot of fear in some investors to create what we saw yesterday.\"</p>\n<p>The Dow Jones Industrial Average rose 549.95 points, or 1.62%, to 34,511.99, the S&P 500 gained 64.57 points, or 1.52%, to 4,323.06 and the Nasdaq Composite added 223.89 points, or 1.57%, to 14,498.88.</p>\n<p>Of the 11 major sectors in the S&P 500, all but consumer staples closed green. Industrials fared best, rising 2.7%.</p>\n<p>Second-quarter reporting season has hit full-stride, with 56 of the companies in the S&P 500 having posted results. Of those, 91% have beaten consensus, according to Refinitiv.</p>\n<p>Analysts now see annual S&P earnings growth of 72.9% for the April-June period, a significant improvement over the 54% growth seen at the beginning of the quarter.</p>\n<p>Halliburton Co rose 3.7% after a bounce-back in crude prices boosted oilfield services demand, leading the company to post its second consecutive quarterly profit.</p>\n<p>Peloton Interactive Inc advanced 6.7% after announcing it would provide UnitedHealth Group's fully insured members free access to its live and on-demand fitness classes.</p>\n<p>Moderna's stock dropped 2% in a volatile session on Tuesday, with the COVID-19 vaccine maker the most heavily traded company on Wall Street ahead of its debut in the S&P 500 on Wednesday.</p>\n<p>Netflix Inc shares dipped more than 3% in after- hours trading after its forecast missed estimates.</p>\n<p>Shares of Chipotle Mexican Grill gained over 2% post-market after its earnings and revenue beat consensus.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 4.44-to-1 ratio; on Nasdaq, a 3.59-to-1 ratio favored advancers.</p>\n<p>The S&P 500 posted 41 new 52-week highs and no new lows; the Nasdaq Composite recorded 45 new highs and 76 new lows.</p>\n<p>Volume on U.S. exchanges was 10.62 billion shares, compared with the 10.19 billion average over the last 20 trading days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SDS":"两倍做空标普500ETF","TQQQ":"纳指三倍做多ETF","QQQ":"纳指100ETF","DOG":"道指反向ETF","UPRO":"三倍做多标普500ETF","UDOW":"道指三倍做多ETF-ProShares","QID":"纳指两倍做空ETF","SH":"标普500反向ETF","NFLX":"奈飞","MRNA":"Moderna, Inc.","OEX":"标普100","IVV":"标普500指数ETF","SSO":"两倍做多标普500ETF","QNETCN":"纳斯达克中美互联网老虎指数","SPXU":"三倍做空标普500ETF","OEF":"标普100指数ETF-iShares","SQQQ":"纳指三倍做空ETF","DXD":"道指两倍做空ETF","QLD":"纳指两倍做多ETF","PSQ":"纳指反向ETF","DJX":"1/100道琼斯","SDOW":"道指三倍做空ETF-ProShares","DDM":"道指两倍做多ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153924256","content_text":"NEW YORK, July 20 (Reuters) - Wall Street ended sharply higher on Tuesday, rebounding from a multi-day losing streak as a string of upbeat earnings reports and revived economic optimism fueled a risk-on rally.\nAll three major U.S. stock indexes gained more than 1% with the blue-chip Dow, on the heels of its worst day in nine months, leading the charge.\nThe S&P notched its first advance in four days as well as registering its strongest day since March. The Nasdaq posted its first gain in six sessions.\n\"It’s a buy-the-dip mentality coming into the market,\" said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana.\nEconomically sensitive small caps and transports outperformed the broader market.\nBenchmark U.S. Treasury yields bounced back from five-month lows, in the wake of their biggest single-session decline since February in the prior session . This helped boost rate-vulnerable banks by 2.6%.\n\"The economically sensitive stocks are up today,\" Carlson added. \"When the 10-year (Treasury yield) goes down in a short period of time, that typically doesn’t happen with an economy that’s supposed to be growing. Firming in the 10-year (yield) indicates that perhaps the economy isn’t going to be falling off a cliff.\"\nMounting concerns over the highly contagious Delta variant of COVID-19, now responsible for the majority of new infections, have sparked sell-offs in recent sessions as worldwide vaccination efforts gather momentum.\n\"Things like the Delta variant can certainly impact in the margins,\" Carlson said. \"It doesn’t take a whole lot of fear in some investors to create what we saw yesterday.\"\nThe Dow Jones Industrial Average rose 549.95 points, or 1.62%, to 34,511.99, the S&P 500 gained 64.57 points, or 1.52%, to 4,323.06 and the Nasdaq Composite added 223.89 points, or 1.57%, to 14,498.88.\nOf the 11 major sectors in the S&P 500, all but consumer staples closed green. Industrials fared best, rising 2.7%.\nSecond-quarter reporting season has hit full-stride, with 56 of the companies in the S&P 500 having posted results. Of those, 91% have beaten consensus, according to Refinitiv.\nAnalysts now see annual S&P earnings growth of 72.9% for the April-June period, a significant improvement over the 54% growth seen at the beginning of the quarter.\nHalliburton Co rose 3.7% after a bounce-back in crude prices boosted oilfield services demand, leading the company to post its second consecutive quarterly profit.\nPeloton Interactive Inc advanced 6.7% after announcing it would provide UnitedHealth Group's fully insured members free access to its live and on-demand fitness classes.\nModerna's stock dropped 2% in a volatile session on Tuesday, with the COVID-19 vaccine maker the most heavily traded company on Wall Street ahead of its debut in the S&P 500 on Wednesday.\nNetflix Inc shares dipped more than 3% in after- hours trading after its forecast missed estimates.\nShares of Chipotle Mexican Grill gained over 2% post-market after its earnings and revenue beat consensus.\nAdvancing issues outnumbered declining ones on the NYSE by a 4.44-to-1 ratio; on Nasdaq, a 3.59-to-1 ratio favored advancers.\nThe S&P 500 posted 41 new 52-week highs and no new lows; the Nasdaq Composite recorded 45 new highs and 76 new lows.\nVolume on U.S. exchanges was 10.62 billion shares, compared with the 10.19 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141704898,"gmtCreate":1625889772614,"gmtModify":1631889164356,"author":{"id":"3586582968662313","authorId":"3586582968662313","name":"3dff2466","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586582968662313","authorIdStr":"3586582968662313"},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/141704898","repostId":"1134141249","repostType":4,"repost":{"id":"1134141249","pubTimestamp":1625881620,"share":"https://www.laohu8.com/m/news/1134141249?lang=&edition=full","pubTime":"2021-07-10 09:47","market":"us","language":"en","title":"Why Virgin Galactic Is a Better Buy Than AMC","url":"https://stock-news.laohu8.com/highlight/detail?id=1134141249","media":"InvestorPlace","summary":"SPCE stock has a more compelling long-term bull thesis than AMC. In the last seven weeks, shares of Virgin Galactic stock are up 177%. The big news driving shares higher is that the Federal Aviation Administration approved Virgin to carry passengers into space.At the same time, SPCE stock has the attention of Reddit’s WallStreetBets trading community. In fact, it has become one of the most popular social media meme stocks in recent weeks. Virgin is not quite at the level of AMC Entertainment in","content":"<p>SPCE stock has a more compelling long-term bull thesis than AMC</p>\n<p>In the last seven weeks, shares of <b>Virgin Galactic</b>(NYSE:<b><u>SPCE</u></b>) stock are up 177%. The big news driving shares higher is that the Federal Aviation Administration (FAA) approved Virgin to carry passengers into space.</p>\n<p>At the same time, SPCE stock has the attention of Reddit’s WallStreetBets trading community. In fact, it has become one of the most popular social media meme stocks in recent weeks. Virgin is not quite at the level of <b>AMC Entertainment</b>(NYSE:<b><u>AMC</u></b>) in terms of social media buzz. However, Virgin is one of the 10 most mentioned tickers on WallStreetBets, according toSwaggy Stocks.</p>\n<p>If you’re a meme stock gambler, best of luck to you. I think you’ll have just as good a chance at day trading AMC stock for a profit as you would flipping SPCE stock or betting on red at the roulette table. If you are a long-term investor, both AMC and Virgin Galactic are grossly overvalued. However, SPCE stock has a much more compelling long-term bull thesis than AMC does.</p>\n<p><b>Why SPCE Stock Is Soaring</b></p>\n<p>On June 25, Virgin announced the FAA granted the company a commercial space-launch license.</p>\n<p>Shortly thereafter, popular billionaire founder Richard Branson announced he would be on Virgin’s first manned flight on July 11. By doing so, Branson will beat <b>Amazon.com</b>(NASDAQ:<b><u>AMZN</u></b>) founder Jeff Bezos in the billionairespace race. Bezos will be aboard Blue Origin’s first manned flight on July 20.</p>\n<p>There’s no question the recent headlines are overwhelmingly positive for the company’s brand and long-term outlook. However, Virgin Galactic is still years away from doing any meaningful business.</p>\n<p>Bank of America analyst Ronald Epstein is projecting $2 million in revenue from the company in 2021. By 2023, he is projecting Virgin Galactic’s revenue will grow to $115 million. For context, its market cap is now $10.8 billion. That valuation is slightly higher than <b>Dick’s Sporting Goods</b>(NYSE:<b><u>DKS</u></b>) at $9 billion. Bank of America is projecting $11.1 billion in revenue for Dick’s in 2023. That’s roughly 10 times more revenue than Virgin Galactic.</p>\n<p>I’m not suggesting that Virgin Galactic and Dick’s are even remotely comparable in terms of business model or growth outlook. I’m merely highlighting how tiny Virgin Galactic’s business is today and how tiny it will continue to be for at least several more years.</p>\n<p><b>Two Overvalued Stocks</b></p>\n<p>Once again, the FAA news is unequivocally good news for Virgin Galactic’s long-term outlook.</p>\n<p>“We continue to see Virgin Galactic as a beneficiary of the new commercial space race,” Epstein said following the FAA news.</p>\n<p>“However, we believe this premium is already priced into the stock and will dwindle as more commercial space companies go public.”</p>\n<p>In that same note, Epstein downgraded SPCE stock from “neutral” to “underperform.” He also set a $41 price target, well below the $49 it was trading on July 9.</p>\n<p>Like Virgin, AMC is also unprofitable. It’s also extremely overvalued based on current and projected earnings, sales and cash flow.</p>\n<p>But AMC also has an Everest-sized mountain of debt. And it has flooded the market with new shares of stock, diluting current shareholders in an attempt to stay solvent and avoid bankruptcy.</p>\n<p><b>How to Play it</b></p>\n<p>While SPCE stock is up 177% since mid-May, AMC is up 300%. As I discussed, Virgin Galactic’s big move came on the heels of major positive headlines about the company’s long-term future. The major news about AMC in recent weeks has been that the company is selling millions more shares of stock and giving retail investors free popcorn.</p>\n<p>Oh, and the company itself also took the time to include a warning to investors in an official filing.</p>\n<p>“Under the circumstances, we caution you against investing in our Class A common stock, unless you are prepared to incur the risk of losing all or a substantial portion of your investment,” AMC wrote.</p>\n<p>Virgin Galactic is an overvalued growth stock with a reasonable chance the company will eventually grow into its current valuation. Of course, that growth may take five years or longer to play out.</p>\n<p>AMC is the exact opposite. Movie theater ticket sales have been steadily shrinking for about two decades. There’s a huge difference between making a high-risk bet on an early leader in a potentially massive growth market and making a high-risk bet on a leader in a market in secular decline.</p>\n<p>I’m not recommending long-term investors buy AMC or SPCE at this point. But if you’re going to choose one of the two meme stocks, the SPCE stock bull thesis makes a lot more sense.</p>","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>Why Virgin Galactic Is a Better Buy Than AMC</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\">\nWhy Virgin Galactic Is a Better Buy Than AMC\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-10 09:47 GMT+8 <a href=https://investorplace.com/2021/07/spce-stock-why-virgin-galactic-is-a-better-buy-than-amc/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SPCE stock has a more compelling long-term bull thesis than AMC\nIn the last seven weeks, shares of Virgin Galactic(NYSE:SPCE) stock are up 177%. The big news driving shares higher is that the Federal ...</p>\n\n<a href=\"https://investorplace.com/2021/07/spce-stock-why-virgin-galactic-is-a-better-buy-than-amc/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河","AMC":"AMC院线"},"source_url":"https://investorplace.com/2021/07/spce-stock-why-virgin-galactic-is-a-better-buy-than-amc/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134141249","content_text":"SPCE stock has a more compelling long-term bull thesis than AMC\nIn the last seven weeks, shares of Virgin Galactic(NYSE:SPCE) stock are up 177%. The big news driving shares higher is that the Federal Aviation Administration (FAA) approved Virgin to carry passengers into space.\nAt the same time, SPCE stock has the attention of Reddit’s WallStreetBets trading community. In fact, it has become one of the most popular social media meme stocks in recent weeks. Virgin is not quite at the level of AMC Entertainment(NYSE:AMC) in terms of social media buzz. However, Virgin is one of the 10 most mentioned tickers on WallStreetBets, according toSwaggy Stocks.\nIf you’re a meme stock gambler, best of luck to you. I think you’ll have just as good a chance at day trading AMC stock for a profit as you would flipping SPCE stock or betting on red at the roulette table. If you are a long-term investor, both AMC and Virgin Galactic are grossly overvalued. However, SPCE stock has a much more compelling long-term bull thesis than AMC does.\nWhy SPCE Stock Is Soaring\nOn June 25, Virgin announced the FAA granted the company a commercial space-launch license.\nShortly thereafter, popular billionaire founder Richard Branson announced he would be on Virgin’s first manned flight on July 11. By doing so, Branson will beat Amazon.com(NASDAQ:AMZN) founder Jeff Bezos in the billionairespace race. Bezos will be aboard Blue Origin’s first manned flight on July 20.\nThere’s no question the recent headlines are overwhelmingly positive for the company’s brand and long-term outlook. However, Virgin Galactic is still years away from doing any meaningful business.\nBank of America analyst Ronald Epstein is projecting $2 million in revenue from the company in 2021. By 2023, he is projecting Virgin Galactic’s revenue will grow to $115 million. For context, its market cap is now $10.8 billion. That valuation is slightly higher than Dick’s Sporting Goods(NYSE:DKS) at $9 billion. Bank of America is projecting $11.1 billion in revenue for Dick’s in 2023. That’s roughly 10 times more revenue than Virgin Galactic.\nI’m not suggesting that Virgin Galactic and Dick’s are even remotely comparable in terms of business model or growth outlook. I’m merely highlighting how tiny Virgin Galactic’s business is today and how tiny it will continue to be for at least several more years.\nTwo Overvalued Stocks\nOnce again, the FAA news is unequivocally good news for Virgin Galactic’s long-term outlook.\n“We continue to see Virgin Galactic as a beneficiary of the new commercial space race,” Epstein said following the FAA news.\n“However, we believe this premium is already priced into the stock and will dwindle as more commercial space companies go public.”\nIn that same note, Epstein downgraded SPCE stock from “neutral” to “underperform.” He also set a $41 price target, well below the $49 it was trading on July 9.\nLike Virgin, AMC is also unprofitable. It’s also extremely overvalued based on current and projected earnings, sales and cash flow.\nBut AMC also has an Everest-sized mountain of debt. And it has flooded the market with new shares of stock, diluting current shareholders in an attempt to stay solvent and avoid bankruptcy.\nHow to Play it\nWhile SPCE stock is up 177% since mid-May, AMC is up 300%. As I discussed, Virgin Galactic’s big move came on the heels of major positive headlines about the company’s long-term future. The major news about AMC in recent weeks has been that the company is selling millions more shares of stock and giving retail investors free popcorn.\nOh, and the company itself also took the time to include a warning to investors in an official filing.\n“Under the circumstances, we caution you against investing in our Class A common stock, unless you are prepared to incur the risk of losing all or a substantial portion of your investment,” AMC wrote.\nVirgin Galactic is an overvalued growth stock with a reasonable chance the company will eventually grow into its current valuation. Of course, that growth may take five years or longer to play out.\nAMC is the exact opposite. Movie theater ticket sales have been steadily shrinking for about two decades. There’s a huge difference between making a high-risk bet on an early leader in a potentially massive growth market and making a high-risk bet on a leader in a market in secular decline.\nI’m not recommending long-term investors buy AMC or SPCE at this point. But if you’re going to choose one of the two meme stocks, the SPCE stock bull thesis makes a lot more sense.","news_type":1},"isVote":1,"tweetType":1,"viewCount":132,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162584170,"gmtCreate":1624068183690,"gmtModify":1631885238142,"author":{"id":"3586582968662313","authorId":"3586582968662313","name":"3dff2466","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586582968662313","authorIdStr":"3586582968662313"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TRCH\">$Torchlight Energy Resources(TRCH)$</a>^^","listText":"<a href=\"https://laohu8.com/S/TRCH\">$Torchlight Energy Resources(TRCH)$</a>^^","text":"$Torchlight Energy Resources(TRCH)$^^","images":[{"img":"https://static.tigerbbs.com/06c34191ea34e6e37e3be7ed4cb55221","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/162584170","isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":825281329,"gmtCreate":1634227816616,"gmtModify":1634228356420,"author":{"id":"3586582968662313","authorId":"3586582968662313","name":"3dff2466","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586582968662313","authorIdStr":"3586582968662313"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>[Grin] ","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>[Grin] ","text":"$Tiger Brokers(TIGR)$[Grin]","images":[{"img":"https://static.tigerbbs.com/9b767b2792ad3a5013d05cf2f2d1fd1c","width":"750","height":"1174"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/825281329","isVote":1,"tweetType":1,"viewCount":645,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":186688091,"gmtCreate":1623492241713,"gmtModify":1631889164380,"author":{"id":"3586582968662313","authorId":"3586582968662313","name":"3dff2466","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586582968662313","authorIdStr":"3586582968662313"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/01810\">$XIAOMI-W(01810)$</a>This is good","listText":"<a href=\"https://laohu8.com/S/01810\">$XIAOMI-W(01810)$</a>This is good","text":"$XIAOMI-W(01810)$This is good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/186688091","isVote":1,"tweetType":1,"viewCount":244,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":699447456,"gmtCreate":1639883545487,"gmtModify":1639883545715,"author":{"id":"3586582968662313","authorId":"3586582968662313","name":"3dff2466","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586582968662313","authorIdStr":"3586582968662313"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SENS\">$Senseonics(SENS)$</a>:(","listText":"<a href=\"https://laohu8.com/S/SENS\">$Senseonics(SENS)$</a>:(","text":"$Senseonics(SENS)$:(","images":[{"img":"https://static.tigerbbs.com/b4602995e296bc8fc95c7c786fd5c262","width":"750","height":"1174"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/699447456","isVote":1,"tweetType":1,"viewCount":723,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0}],"lives":[]}