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2022-03-23

I can never tell when these stocks gonna shoot up haha

Meme Stocks Surged in Premarket Trading, with Gamestop Rising Nearly 17% and AMC Rising Over 13%

2022-01-17

It will be tougher and tougher to break record, but I believe you can go further Apple!

Apple Earnings Are Coming: What to Watch

2022-01-18

Wow! Microsoft big move into gaming.

Microsoft to acquire Activision Blizzard in all-cash deal valued at $68.7 bln

2022-05-05

Nvidia 's income stream is extremely solid. No one is gonna suddenly pop up and snatch the gaming and crypto mining chip business.[Duh]

Nvidia Stock: Headwinds Priced In - Buy On Weakness

2022-01-03

Looking forward for Sofi to be the next big thing in financial field!!

Sorry, the original content has been removed

2022-09-02

Finger cross

Nvidia’s "China Syndrome": Is the Stock Melting Down?

2022-08-24

Wao didn't see that coming.[Surprised]

Sorry, the original content has been removed

2022-07-25

Everyone has their own theory[What]

Is Warren Buffett Betting Against Renewable Energy?

2022-06-15

Is good to know NVDA won't be solely reliant on gaming

Sorry, the original content has been removed

2022-03-25

Time to take us flying! Hahaha

Why Tesla Stock Zoomed Higher Again

Go to Tiger App to see more news

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Manufacturing(TSM)$</a> 🅱🆄🅻🅻🅸🆂🅷 Nvidia $NVDA vs Intel $INTC vs $AMD: Total Annual Revenue from 2004-2024! TSMC's $TSM 3nm node has ramped quickly, driving recent performance alongside strength on the 5nm node. <a href=\"https://ttm.financial/U/3501196737273098\">@Tiger_comments</a> <a href=\"https://ttm.financial/U/3527667621665671\">@Daily_Discussion</a> <a href=\"https://ttm.financial/U/3527667588142897\">@TigerPM</a> <a href=\"https://ttm.financial/U/9000000000000572\">@TigerPicks</a> <a href=\"https://ttm.financial/U/9000000000000149\">@TigerStars&lt;/</a>","listText":"<a href=\"https://ttm.financial/S/AMD\">$Advanced Micro Devices(AMD)$</a> <a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a> <a href=\"https://ttm.financial/S/INTC\">$Intel(INTC)$</a><a href=\"https://ttm.financial/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$</a> 🅱🆄🅻🅻🅸🆂🅷 Nvidia $NVDA vs Intel $INTC vs $AMD: Total Annual Revenue from 2004-2024! TSMC's $TSM 3nm node has ramped quickly, driving recent performance alongside strength on the 5nm node. <a href=\"https://ttm.financial/U/3501196737273098\">@Tiger_comments</a> <a href=\"https://ttm.financial/U/3527667621665671\">@Daily_Discussion</a> <a href=\"https://ttm.financial/U/3527667588142897\">@TigerPM</a> <a href=\"https://ttm.financial/U/9000000000000572\">@TigerPicks</a> <a href=\"https://ttm.financial/U/9000000000000149\">@TigerStars&lt;/</a>","text":"$Advanced Micro Devices(AMD)$ $NVIDIA Corp(NVDA)$ $Intel(INTC)$$Taiwan Semiconductor Manufacturing(TSM)$ 🅱🆄🅻🅻🅸🆂🅷 Nvidia $NVDA vs Intel $INTC vs $AMD: Total Annual Revenue from 2004-2024! TSMC's $TSM 3nm node has ramped quickly, driving recent performance alongside strength on the 5nm node. @Tiger_comments @Daily_Discussion @TigerPM @TigerPicks @TigerStars</","images":[{"img":"https://community-static.tradeup.com/news/c4a5fd934a76ae1a5b8d8aecada015d3","width":"1116","height":"837"},{"img":"https://community-static.tradeup.com/news/0a1a98b4715e55792d6b3c9daaedc88b","width":"1405","height":"921"},{"img":"https://community-static.tradeup.com/news/533a98784e21337831fe45df048f5995","width":"1116","height":"640"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/364372901765304","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2836,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":364200547741696,"gmtCreate":1729926388614,"gmtModify":1729926392439,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/364200547741696","repostId":"364132116832352","repostType":1,"repost":{"id":364132116832352,"gmtCreate":1729909766843,"gmtModify":1729909771071,"author":{"id":"4185413129326452","authorId":"4185413129326452","name":"Mickey082024","avatar":"https://community-static.tradeup.com/news/69cd88df1050e4a42389cd899f89a7ec","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4185413129326452","authorIdStr":"4185413129326452"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a> new high is possible, all the speculation and wall street propaganda will push the stock higher until the noobs buy in the sharks will withdraw.","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a> new high is possible, all the speculation and wall street propaganda will push the stock higher until the noobs buy in the sharks will withdraw.","text":"$Apple(AAPL)$ new high is possible, all the speculation and wall street propaganda will push the stock higher until the noobs buy in the sharks will withdraw.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/364132116832352","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2467,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":363372340166912,"gmtCreate":1729740402129,"gmtModify":1729740405628,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/363372340166912","repostId":"2472561192","repostType":2,"repost":{"id":"2472561192","kind":"highlight","pubTimestamp":1727969586,"share":"https://ttm.financial/m/news/2472561192?lang=en_US&edition=fundamental","pubTime":"2024-10-03 23:33","market":"nz","language":"en","title":"\"China Dragons\" ETF Arrives on Wall Street Just as Bulls Return","url":"https://stock-news.laohu8.com/highlight/detail?id=2472561192","media":"Bloomberg","summary":"A new exchange-traded fund looking to capture the performance of China’s biggest companies is launching Thursday, just as the nation’s stocks officially enter a bull market following a sweeping stimulus package.","content":"<div>\n<p>(Bloomberg) -- A new exchange-traded fund looking to capture the performance of China’s biggest companies is launching Thursday, just as the nation’s stocks officially enter a bull market following a ...</p>\n\n<a href=\"https://www.bnnbloomberg.ca/business/international/2024/10/03/china-dragons-etf-arrives-on-wall-street-just-as-bulls-return/\">Source Link</a>\n\n</div>\n","source":"bnn_bloomberg_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>\"China Dragons\" ETF Arrives on Wall Street Just as Bulls Return</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; 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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\">\n\"China Dragons\" ETF Arrives on Wall Street Just as Bulls Return\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-03 23:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bnnbloomberg.ca/business/international/2024/10/03/china-dragons-etf-arrives-on-wall-street-just-as-bulls-return/><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- A new exchange-traded fund looking to capture the performance of China’s biggest companies is launching Thursday, just as the nation’s stocks officially enter a bull market following a ...</p>\n\n<a href=\"https://www.bnnbloomberg.ca/business/international/2024/10/03/china-dragons-etf-arrives-on-wall-street-just-as-bulls-return/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4588":"碎股","BK4550":"红杉资本持仓","FDN":"First Trust Dow Jones Internet I","NTES":"网易","MAGS":"Roundhill Magnificent Seven ETF","XIACY":"小米集团ADR","BK4585":"ETF&股票定投概念","KWEB":"中国海外互联网ETF-KraneShares","PDD":"拼多多","BABA":"阿里巴巴","BIDU":"百度","DRAG":"中国龙ETF-Roundhill","MPNGY":"美团ADR","TCEHY":"腾讯控股ADR","BK4504":"桥水持仓","FXI":"中国大盘股ETF-iShares","JD":"京东"},"source_url":"https://www.bnnbloomberg.ca/business/international/2024/10/03/china-dragons-etf-arrives-on-wall-street-just-as-bulls-return/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2472561192","content_text":"(Bloomberg) -- A new exchange-traded fund looking to capture the performance of China’s biggest companies is launching Thursday, just as the nation’s stocks officially enter a bull market following a sweeping stimulus package.The Roundhill China Dragons ETF tracks an equal-weighted basket of five to 10 of the largest and most innovative Chinese tech companies that the issuer collectively dubs the “China Dragons.” To date, members include Tencent Holdings Ltd, PDD Holdings Inc, Alibaba Group Holding, Meituan, BYD Co Ltd, Xiaomi Corp, JD.com Inc, Baidu Inc and NetEase Inc. As of launch, the nine mega-cap tech firms, in aggregate, exhibit competitive advantages through the economies of scale, solid fundamentals and impressive growth relative to their peers, according to Roundhill Investments. The ETF will be rebalanced quarterly.What differentiates DRAG from other ETFs that offer China exposure — such as the $7.9 billion KraneShares CSI China Internet ETF (KWEB) and the $6.4 billion iShares China Large-Cap ETF (FXI) — is its concentration, said Dave Mazza, the firm’s chief executive officer. DRAG, at 59 basis points, also has a slightly lower fee compared to most of its peers in the same category.The four largest China-linked ETFs have altogether amassed $2.5 billion this week alone, with KraneShares’ KWEB seeing its biggest daily inflow on record Tuesday. Chinese equities rallied at one point this week to their best day since 2008 after Beijing unleashed a range of measures to turbo-charge the growth of an ailing economy. Money managers and hedge funds have rushed to pile into Chinese stocks at a record pace after years of underexposure.“We are seeing people trickle back into emerging markets,” said Mohit Bajaj, director of ETFs at WallachBeth Capital. “So if the belief that China will continue performing the way it does, the ETF could do well.”Among its roster of nearly 20 ETFs, Roundhill’s best performer is its $780 million Roundhill Magnificent Seven ETF (MAGS), which tracks the Magnificent Seven stocks. Mazza sees this as the US version of DRAG. Up 40% this year, it was launched in April 2023.","news_type":1,"symbols_score_info":{"BIDU":0.9,"MAGS":1,"PDD":0.9,"XIACY":0.9,"TCEHY":0.9,"DRAG":1.1,"MPNGY":0.9,"KWEB":0.7,"BABA":0.9,"FDN":1,"FXI":0.6,"NTES":0.9,"JD":0.9}},"isVote":1,"tweetType":1,"viewCount":2645,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362983233769632,"gmtCreate":1729660828439,"gmtModify":1729660831962,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"[Cool]&nbsp;&nbsp;","listText":"[Cool]&nbsp;&nbsp;","text":"[Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362983233769632","repostId":"362734503288888","repostType":1,"repost":{"id":362734503288888,"gmtCreate":1729594060593,"gmtModify":1729648145766,"author":{"id":"4111448269923362","authorId":"4111448269923362","name":"TigerHulk","avatar":"https://community-static.tradeup.com/news/9e1491ac4fc7b7459eacd64c6be410ae","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4111448269923362","authorIdStr":"4111448269923362"},"themes":[],"title":"Why I love Google So Much","htmlText":"Despite recent negative headlines surrounding Alphabet (Google),<a href=\"https://ttm.financial/S/GOOGL\">$Alphabet(GOOGL)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;there are numerous compelling reasons to consider it as a solid long-term investment. The company’s robust infrastructure, innovation pipeline, and diversified business model set it apart from many tech companies, positioning it for continued growth in key markets like cloud computing, AI, healthcare, and autonomous vehicles. First and foremost, Google’s core businesses remain extremely strong. Its dominance in search and digital advertising is unparalleled, and these areas continue to generate substantial revenue and cash flow. Google controls more than 90% of the global search market, ensuring that it remains the go-to platform","listText":"Despite recent negative headlines surrounding Alphabet (Google),<a href=\"https://ttm.financial/S/GOOGL\">$Alphabet(GOOGL)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;there are numerous compelling reasons to consider it as a solid long-term investment. The company’s robust infrastructure, innovation pipeline, and diversified business model set it apart from many tech companies, positioning it for continued growth in key markets like cloud computing, AI, healthcare, and autonomous vehicles. First and foremost, Google’s core businesses remain extremely strong. Its dominance in search and digital advertising is unparalleled, and these areas continue to generate substantial revenue and cash flow. Google controls more than 90% of the global search market, ensuring that it remains the go-to platform","text":"Despite recent negative headlines surrounding Alphabet (Google),$Alphabet(GOOGL)$ there are numerous compelling reasons to consider it as a solid long-term investment. The company’s robust infrastructure, innovation pipeline, and diversified business model set it apart from many tech companies, positioning it for continued growth in key markets like cloud computing, AI, healthcare, and autonomous vehicles. First and foremost, Google’s core businesses remain extremely strong. Its dominance in search and digital advertising is unparalleled, and these areas continue to generate substantial revenue and cash flow. Google controls more than 90% of the global search market, ensuring that it remains the go-to platform","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362734503288888","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2692,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362458693189888,"gmtCreate":1729526722105,"gmtModify":1729526724285,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362458693189888","repostId":"361921739264048","repostType":1,"repost":{"id":361921739264048,"gmtCreate":1729387981560,"gmtModify":1729477096247,"author":{"id":"4159952822702602","authorId":"4159952822702602","name":"Travis Hoium","avatar":"https://community-static.tradeup.com/news/7f6caf1342339cc5b5ecd9bf6ff43d46","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4159952822702602","authorIdStr":"4159952822702602"},"themes":[],"title":"GOOG, SOFI, GM, MGM, COIN  Show Strong Bullish Trends","htmlText":"1. <a href=\"https://ttm.financial/S/GOOG\">$Alphabet(GOOG)$</a> <a href=\"https://ttm.financial/S/GOOGL\">$Alphabet(GOOGL)$</a> Google Cloud has grown at a 35.2% CAGR since 2020.Image2. <a href=\"https://ttm.financial/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a> Rapidly transitioning from bank -&gt; banking technology company.Image3. <a href=\"https://ttm.financial/S/GM\">$General Motors(GM)$</a> GM expects to be under 1 billion shares outstanding by early 2025.Image4. <a href=\"https://ttm.financial/S/MGM\">$MGM Resorts International(MGM)$</a> Share count CAGR is NEGATIVE 13.4% over the past three years.Image5. <a href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$</a> Coinbase's non-exchange business is becoming a pretty big business.Image","listText":"1. <a href=\"https://ttm.financial/S/GOOG\">$Alphabet(GOOG)$</a> <a href=\"https://ttm.financial/S/GOOGL\">$Alphabet(GOOGL)$</a> Google Cloud has grown at a 35.2% CAGR since 2020.Image2. <a href=\"https://ttm.financial/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a> Rapidly transitioning from bank -&gt; banking technology company.Image3. <a href=\"https://ttm.financial/S/GM\">$General Motors(GM)$</a> GM expects to be under 1 billion shares outstanding by early 2025.Image4. <a href=\"https://ttm.financial/S/MGM\">$MGM Resorts International(MGM)$</a> Share count CAGR is NEGATIVE 13.4% over the past three years.Image5. <a href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$</a> Coinbase's non-exchange business is becoming a pretty big business.Image","text":"1. $Alphabet(GOOG)$ $Alphabet(GOOGL)$ Google Cloud has grown at a 35.2% CAGR since 2020.Image2. $SoFi Technologies Inc.(SOFI)$ Rapidly transitioning from bank -> banking technology company.Image3. $General Motors(GM)$ GM expects to be under 1 billion shares outstanding by early 2025.Image4. $MGM Resorts International(MGM)$ Share count CAGR is NEGATIVE 13.4% over the past three years.Image5. $Coinbase Global, Inc.(COIN)$ Coinbase's non-exchange business is becoming a pretty big business.Image","images":[{"img":"https://community-static.tradeup.com/news/1effabf7ce023af605acb490d0632df5","width":"680","height":"383"},{"img":"https://community-static.tradeup.com/news/2b748bd8d02ff0212e3dfac62a47bfb6","width":"680","height":"383"},{"img":"https://community-static.tradeup.com/news/848494899b3b07784faf06af6d730db2","width":"680","height":"383"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/361921739264048","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":5,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2664,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362458530361544,"gmtCreate":1729526682182,"gmtModify":1729526684272,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362458530361544","repostId":"362266416889936","repostType":1,"repost":{"id":362266416889936,"gmtCreate":1729472211422,"gmtModify":1729476685953,"author":{"id":"10000000000010920","authorId":"10000000000010920","name":"SmartReversals","avatar":"https://community-static.tradeup.com/news/079995488356aff47d9fe17aa3389ce9","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"10000000000010920","authorIdStr":"10000000000010920"},"themes":[],"title":"$PLTR - Exhaustion Signals","htmlText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a> - Exhaustion Signals: Reversal candles like dojis or shooting stars crossing or at the higher Bollinger band have been followed by a pullback. The setup strengthens with RSI above or close to 70. The latest weekly candle is a hanging man overbought relative to the bands and RSI. Previously 20 weekly average has been the deepest support, in mild cases the 10MA. Like if interested in the monthly setup💚 <a href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ(QQQ)$</a> <a href=\"https://ttm.financial/S/IWM\">$iShares Russell 2000 ETF(IWM)$</a> <a href=\"https://ttm.financial/S/.SPX\">$.SPX(.SPX)$</a> Image","listText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a> - Exhaustion Signals: Reversal candles like dojis or shooting stars crossing or at the higher Bollinger band have been followed by a pullback. The setup strengthens with RSI above or close to 70. The latest weekly candle is a hanging man overbought relative to the bands and RSI. Previously 20 weekly average has been the deepest support, in mild cases the 10MA. Like if interested in the monthly setup💚 <a href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ(QQQ)$</a> <a href=\"https://ttm.financial/S/IWM\">$iShares Russell 2000 ETF(IWM)$</a> <a href=\"https://ttm.financial/S/.SPX\">$.SPX(.SPX)$</a> Image","text":"$Palantir Technologies Inc.(PLTR)$ - Exhaustion Signals: Reversal candles like dojis or shooting stars crossing or at the higher Bollinger band have been followed by a pullback. The setup strengthens with RSI above or close to 70. The latest weekly candle is a hanging man overbought relative to the bands and RSI. Previously 20 weekly average has been the deepest support, in mild cases the 10MA. Like if interested in the monthly setup💚 $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$ $.SPX(.SPX)$ Image","images":[{"img":"https://community-static.tradeup.com/news/abc2b2af35d7c56e4593808722f1e8f1","width":"680","height":"454"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362266416889936","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2797,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362458105635024,"gmtCreate":1729526665666,"gmtModify":1729526667718,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362458105635024","repostId":"362190235009024","repostType":1,"repost":{"id":362190235009024,"gmtCreate":1729445305418,"gmtModify":1729503343033,"author":{"id":"4171900329979952","authorId":"4171900329979952","name":"Barcode","avatar":"https://community-static.tradeup.com/news/6688d8fb4c2a255e3b901e79755e56df","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171900329979952","authorIdStr":"4171900329979952"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a> <a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a> <a href=\"https://ttm.financial/FUT/BTCmain\">$CME Bitcoin - main 2410(BTCmain)$</a> <a href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$</a> 🔺🅱️🆄🅻🅻🅸🆂🅷🔺 🎯📈🎯 Sizzling Sector Surge: What’s Fuelling the S&amp;P 500’s 2024 Boom?&nbsp;🚀💼📊 Trump’s Election Gambit: Will Financials Catch Up to Tech and Topple 2024’s S&amp;P Giants? 📊💼🚀🎯📈🎯 Market performance by S&amp;P 500 sector so far in 2024: 1 Technology +31.2%🟢 2 Utilities +26.2%🟢 3 Financial +24.6%🟢 4 Comm Services +22.1%🟢 5 Industrials +17.8%🟢 6 Consumer Defensive +15.2%🟢 7 Healthcare +12.3%🟢 8 Real Estate +10.4%🟢 9 Consumer Cyclical +10.4%🟢 10 Basic Materials +7.5%🟢 11 Energy +5.5%🟢 Kia ora Tiger traders! The","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$</a> <a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a> <a href=\"https://ttm.financial/FUT/BTCmain\">$CME Bitcoin - main 2410(BTCmain)$</a> <a href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$</a> 🔺🅱️🆄🅻🅻🅸🆂🅷🔺 🎯📈🎯 Sizzling Sector Surge: What’s Fuelling the S&amp;P 500’s 2024 Boom?&nbsp;🚀💼📊 Trump’s Election Gambit: Will Financials Catch Up to Tech and Topple 2024’s S&amp;P Giants? 📊💼🚀🎯📈🎯 Market performance by S&amp;P 500 sector so far in 2024: 1 Technology +31.2%🟢 2 Utilities +26.2%🟢 3 Financial +24.6%🟢 4 Comm Services +22.1%🟢 5 Industrials +17.8%🟢 6 Consumer Defensive +15.2%🟢 7 Healthcare +12.3%🟢 8 Real Estate +10.4%🟢 9 Consumer Cyclical +10.4%🟢 10 Basic Materials +7.5%🟢 11 Energy +5.5%🟢 Kia ora Tiger traders! The","text":"$NVIDIA Corp(NVDA)$ $Apple(AAPL)$ $CME Bitcoin - main 2410(BTCmain)$ $Coinbase Global, Inc.(COIN)$ 🔺🅱️🆄🅻🅻🅸🆂🅷🔺 🎯📈🎯 Sizzling Sector Surge: What’s Fuelling the S&P 500’s 2024 Boom? 🚀💼📊 Trump’s Election Gambit: Will Financials Catch Up to Tech and Topple 2024’s S&P Giants? 📊💼🚀🎯📈🎯 Market performance by S&P 500 sector so far in 2024: 1 Technology +31.2%🟢 2 Utilities +26.2%🟢 3 Financial +24.6%🟢 4 Comm Services +22.1%🟢 5 Industrials +17.8%🟢 6 Consumer Defensive +15.2%🟢 7 Healthcare +12.3%🟢 8 Real Estate +10.4%🟢 9 Consumer Cyclical +10.4%🟢 10 Basic Materials +7.5%🟢 11 Energy +5.5%🟢 Kia ora Tiger traders! The","images":[{"img":"https://community-static.tradeup.com/news/98c2ada8baa581742f546377464c7227","width":"2048","height":"1249"},{"img":"https://community-static.tradeup.com/news/4d8d3723523926f5cf48fe7e9166c50f","width":"1152","height":"864"},{"img":"https://community-static.tradeup.com/news/ee00039dacdd5583622a88e8cfeb0597","width":"2082","height":"1482"}],"top":1,"highlighted":2,"essential":2,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362190235009024","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":3444,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362417956376696,"gmtCreate":1729500906279,"gmtModify":1729500908445,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362417956376696","repostId":"362160166903960","repostType":1,"repost":{"id":362160166903960,"gmtCreate":1729437883527,"gmtModify":1729437889624,"author":{"id":"3563842318594455","authorId":"3563842318594455","name":"Pinkspider","avatar":"https://community-static.tradeup.com/news/e0565d03e7bb12de8354f73b564d08be","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563842318594455","authorIdStr":"3563842318594455"},"themes":[],"htmlText":"Why would anybody buy $PLTR now? Get over with “$1 trillion company” fuss. Palantir is great but it needs $100 bn revenue and 10x sales multiple to become $1 trillion company. It is now trading at 40 times sales at $2.5 bn revenue. Why would you buy that? Seriously?","listText":"Why would anybody buy $PLTR now? Get over with “$1 trillion company” fuss. Palantir is great but it needs $100 bn revenue and 10x sales multiple to become $1 trillion company. It is now trading at 40 times sales at $2.5 bn revenue. Why would you buy that? Seriously?","text":"Why would anybody buy $PLTR now? Get over with “$1 trillion company” fuss. Palantir is great but it needs $100 bn revenue and 10x sales multiple to become $1 trillion company. It is now trading at 40 times sales at $2.5 bn revenue. Why would you buy that? Seriously?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362160166903960","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2604,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362362498838696,"gmtCreate":1729500884927,"gmtModify":1729500888422,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362362498838696","repostId":"362309723676984","repostType":1,"repost":{"id":362309723676984,"gmtCreate":1729488002181,"gmtModify":1729520402169,"author":{"id":"3563421686188310","authorId":"3563421686188310","name":"Hopehope赋予希望","avatar":"https://community-static.tradeup.com/news/46495f44529967f5d3b4d03a47167f5b","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3563421686188310","authorIdStr":"3563421686188310"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$&nbsp;</a>&nbsp;<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$&nbsp;</a><v-v data-views=\"1\"></v-v> if tsmc is only making 5 nm chips and Xiaomi is able to make&nbsp;3 nm chips, what does it mean? TSMC is at 1 trillion USD market cap. I am more and more bullish on Xiaomi if this news is true&nbsp;<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a>&nbsp;<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$&nbsp;</a>&nbsp;<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$&nbsp;</a>&nbsp;<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$&nbsp;</a><v-v data-views=\"1\"></v-v> if tsmc is only making 5 nm chips and Xiaomi is able to make&nbsp;3 nm chips, what does it mean? TSMC is at 1 trillion USD market cap. I am more and more bullish on Xiaomi if this news is true&nbsp;<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a>&nbsp;<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$&nbsp;</a>&nbsp;<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a>&nbsp;","text":"$Taiwan Semiconductor Manufacturing(TSM)$ $XIAOMI-W(01810)$ if tsmc is only making 5 nm chips and Xiaomi is able to make 3 nm chips, what does it mean? TSMC is at 1 trillion USD market cap. I am more and more bullish on Xiaomi if this news is true $Tiger Brokers(TIGR)$ $Alibaba(BABA)$ $NVIDIA Corp(NVDA)$","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362309723676984","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2519,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358047751909448,"gmtCreate":1728434417829,"gmtModify":1728434420001,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/358047751909448","repostId":"357794346688840","repostType":1,"repost":{"id":357794346688840,"gmtCreate":1728388919292,"gmtModify":1728395042931,"author":{"id":"4102417778602010","authorId":"4102417778602010","name":"Vincent Seng","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4102417778602010","authorIdStr":"4102417778602010"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp; (I 'm not rich, and i very confident to be a millionare by this year) = (China market have many problem and they tell u they are very confident to hit 5% grow this year. ) (I'm not going to tell u how to achieve. ) Do u believe what i say?","listText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp; (I 'm not rich, and i very confident to be a millionare by this year) = (China market have many problem and they tell u they are very confident to hit 5% grow this year. ) (I'm not going to tell u how to achieve. ) Do u believe what i say?","text":"$Alibaba(BABA)$ (I 'm not rich, and i very confident to be a millionare by this year) = (China market have many problem and they tell u they are very confident to hit 5% grow this year. ) (I'm not going to tell u how to achieve. ) Do u believe what i say?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/357794346688840","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2400,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358048087392368,"gmtCreate":1728434405029,"gmtModify":1728434408649,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/358048087392368","repostId":"357622587592776","repostType":1,"repost":{"id":357622587592776,"gmtCreate":1728319771505,"gmtModify":1728402002050,"author":{"id":"3574136058061437","authorId":"3574136058061437","name":"InverseCramer","avatar":"https://static.tigerbbs.com/fc405e9f366cb34e826787dc45d36977","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3574136058061437","authorIdStr":"3574136058061437"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/NVDA 20251219 120.0 CALL\">$NVDA 20251219 120.0 CALL$</a>&nbsp;<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a><v-v data-views=\"1\"></v-v> thank you Mr Jensen Huang. expect NVDA to rise even more during the AI conference. please put on&nbsp;your Cool leather jacket and repeat the words \"AI\", \"Blackwell\", \"insane demand\". 🚀 🌙&nbsp;","listText":"<a href=\"https://ttm.financial/OPT/NVDA 20251219 120.0 CALL\">$NVDA 20251219 120.0 CALL$</a>&nbsp;<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a><v-v data-views=\"1\"></v-v> thank you Mr Jensen Huang. expect NVDA to rise even more during the AI conference. please put on&nbsp;your Cool leather jacket and repeat the words \"AI\", \"Blackwell\", \"insane demand\". 🚀 🌙&nbsp;","text":"$NVDA 20251219 120.0 CALL$ $NVIDIA Corp(NVDA)$ thank you Mr Jensen Huang. expect NVDA to rise even more during the AI conference. please put on your Cool leather jacket and repeat the words \"AI\", \"Blackwell\", \"insane demand\". 🚀 🌙","images":[{"img":"https://community-static.tradeup.com/news/914044e93518d62ffe92fd972d9570a8","width":"618","height":"1026"},{"img":"https://community-static.tradeup.com/news/449dbce880cceffccf5d8eaa2ce779d6","width":"309","height":"533"},{"img":"https://community-static.tradeup.com/news/270b1289f777fa6cf7b8dd953d8b3d57","width":"309","height":"533"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/357622587592776","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355302219604128,"gmtCreate":1727753283688,"gmtModify":1727753286588,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"💪🏼","listText":"💪🏼","text":"💪🏼","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/355302219604128","repostId":"1101392753","repostType":2,"isVote":1,"tweetType":1,"viewCount":917,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355022768656568,"gmtCreate":1727684955007,"gmtModify":1727684959087,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/355022768656568","repostId":"2470970017","repostType":2,"isVote":1,"tweetType":1,"viewCount":860,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351087107231904,"gmtCreate":1726725724203,"gmtModify":1726725727707,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"Wohuuuu","listText":"Wohuuuu","text":"Wohuuuu","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/351087107231904","repostId":"350854826131712","repostType":1,"repost":{"id":350854826131712,"gmtCreate":1726683495903,"gmtModify":1726716002021,"author":{"id":"4171900329979952","authorId":"4171900329979952","name":"Barcode","avatar":"https://community-static.tradeup.com/news/6688d8fb4c2a255e3b901e79755e56df","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4171900329979952","authorIdStr":"4171900329979952"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/SPY 20240920 565.0 CALL\">$SPY 20240920 565.0 CALL$</a> I closed a quick scalp on <a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$</a> being the Bull I am. This is nuts 🤣 Powell is coming...this is 🥊 y! They dumped it and then I was watching for the drop and pop again after the Fed and heading into Powell. What a crazy day! Will Powell have a purple tie on?&nbsp; BREAKING: The S&amp;P 500 rises to a new all time high after the Fed surprises markets and cuts rates by 50 basis points. The index is now up a whopping 20% year-to-date. The \"Fed pivot\" is here. <a href=\"https://ttm.financial/U/3501196737273098\">@Tiger_comments</a> <a href=\"https://ttm.financial/U/3527667621665671\">@Daily_Discussion</a>","listText":"<a href=\"https://ttm.financial/OPT/SPY 20240920 565.0 CALL\">$SPY 20240920 565.0 CALL$</a> I closed a quick scalp on <a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$</a> being the Bull I am. This is nuts 🤣 Powell is coming...this is 🥊 y! They dumped it and then I was watching for the drop and pop again after the Fed and heading into Powell. What a crazy day! Will Powell have a purple tie on?&nbsp; BREAKING: The S&amp;P 500 rises to a new all time high after the Fed surprises markets and cuts rates by 50 basis points. The index is now up a whopping 20% year-to-date. The \"Fed pivot\" is here. <a href=\"https://ttm.financial/U/3501196737273098\">@Tiger_comments</a> <a href=\"https://ttm.financial/U/3527667621665671\">@Daily_Discussion</a>","text":"$SPY 20240920 565.0 CALL$ I closed a quick scalp on $SPDR S&P 500 ETF Trust(SPY)$ being the Bull I am. This is nuts 🤣 Powell is coming...this is 🥊 y! They dumped it and then I was watching for the drop and pop again after the Fed and heading into Powell. What a crazy day! Will Powell have a purple tie on? BREAKING: The S&P 500 rises to a new all time high after the Fed surprises markets and cuts rates by 50 basis points. The index is now up a whopping 20% year-to-date. The \"Fed pivot\" is here. @Tiger_comments @Daily_Discussion","images":[{"img":"https://community-static.tradeup.com/news/b4d16c1d5fff3dfffd68ed44fa3ac307","width":"972","height":"1631"},{"img":"https://community-static.tradeup.com/news/9dde9d3316f74ea232728a506dbcfb41","width":"1117","height":"623"},{"img":"https://community-static.tradeup.com/news/5e40060b9b9b22a88a6ceecce4cd52e6","width":"1792","height":"1024"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/350854826131712","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":3,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351087405506928,"gmtCreate":1726725709671,"gmtModify":1726725713400,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"Looking good!","listText":"Looking good!","text":"Looking good!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/351087405506928","repostId":"350949138956544","repostType":1,"repost":{"id":350949138956544,"gmtCreate":1726706521495,"gmtModify":1726936202111,"author":{"id":"3555293442593045","authorId":"3555293442593045","name":"Samlunch","avatar":"https://static.tigerbbs.com/17478579b111537e74aea4d338e8aef5","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555293442593045","authorIdStr":"3555293442593045"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp; $TSLA “If interest rates come down, margins will be good. If they don't come down, they won't be that good. \" - Elon on the Q4 ‘23 earnings call. Rate cuts are here. He’s connected rates to Tesla many times, this looks ready to explode. Over $235 things get fun. Target of $250 by 10/10.","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp; $TSLA “If interest rates come down, margins will be good. If they don't come down, they won't be that good. \" - Elon on the Q4 ‘23 earnings call. Rate cuts are here. He’s connected rates to Tesla many times, this looks ready to explode. Over $235 things get fun. Target of $250 by 10/10.","text":"$Tesla Motors(TSLA)$ $TSLA “If interest rates come down, margins will be good. If they don't come down, they won't be that good. \" - Elon on the Q4 ‘23 earnings call. Rate cuts are here. He’s connected rates to Tesla many times, this looks ready to explode. Over $235 things get fun. Target of $250 by 10/10.","images":[{"img":"https://community-static.tradeup.com/news/c75691d26309d240d6c930256bcffaea","width":"1125","height":"564"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/350949138956544","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":800,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320883132325912,"gmtCreate":1719362730019,"gmtModify":1719362733700,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"Emotionless diamond hand is key! 😎","listText":"Emotionless diamond hand is key! 😎","text":"Emotionless diamond hand is key! 😎","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/320883132325912","repostId":"320755289264328","repostType":1,"repost":{"id":320755289264328,"gmtCreate":1719339030178,"gmtModify":1719339082021,"author":{"id":"4102740637684170","authorId":"4102740637684170","name":"OptionsDelta","avatar":"https://static.tigerbbs.com/b5ab2017d32f95a165639de659b21cd1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4102740637684170","authorIdStr":"4102740637684170"},"themes":[],"title":"Nvidia could fall to 110 on Friday","htmlText":"On Monday June 24th, there was another large options trade in the <a href=\"https://ttm.financial/OPT/NVDA 20240920 105 CALL\">$NVDA 20240920 105 CALL$&nbsp;</a> that the $200M trader is close - a 20,000 lot seller hit when Nvidia was $120, adding to their prior 60,000 lot reduction. This leaves them with 210,000 lots remaining.Interestingly, on the prior Friday June 21st, Jensen Huang filed to sell 120 thousand shares. Coupled with previous sales, Huang has now sold 720 thousand shares total - a near exact match for the $200M trader's 80,000 lot (800 thousand share) reduction.Prior to this, the $200M trader had only been rolling their position higher, never reducing. So the identity of who they are hedging for is now clear.Insider sales ahead of the shareholder meeting are not the best opti","listText":"On Monday June 24th, there was another large options trade in the <a href=\"https://ttm.financial/OPT/NVDA 20240920 105 CALL\">$NVDA 20240920 105 CALL$&nbsp;</a> that the $200M trader is close - a 20,000 lot seller hit when Nvidia was $120, adding to their prior 60,000 lot reduction. This leaves them with 210,000 lots remaining.Interestingly, on the prior Friday June 21st, Jensen Huang filed to sell 120 thousand shares. Coupled with previous sales, Huang has now sold 720 thousand shares total - a near exact match for the $200M trader's 80,000 lot (800 thousand share) reduction.Prior to this, the $200M trader had only been rolling their position higher, never reducing. So the identity of who they are hedging for is now clear.Insider sales ahead of the shareholder meeting are not the best opti","text":"On Monday June 24th, there was another large options trade in the $NVDA 20240920 105 CALL$ that the $200M trader is close - a 20,000 lot seller hit when Nvidia was $120, adding to their prior 60,000 lot reduction. This leaves them with 210,000 lots remaining.Interestingly, on the prior Friday June 21st, Jensen Huang filed to sell 120 thousand shares. Coupled with previous sales, Huang has now sold 720 thousand shares total - a near exact match for the $200M trader's 80,000 lot (800 thousand share) reduction.Prior to this, the $200M trader had only been rolling their position higher, never reducing. So the identity of who they are hedging for is now clear.Insider sales ahead of the shareholder meeting are not the best opti","images":[{"img":"https://static.tigerbbs.com/42a2ce973a126ba1ec392a8759c89309","width":"987","height":"1727"},{"img":"https://static.tigerbbs.com/0aa55f1e75dc083c5d5c2a5a73ab8be4","width":"2302","height":"122"},{"img":"https://static.tigerbbs.com/ad14e9d12ea2ff25d19f60217a8f0af9","width":"2290","height":"100"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/320755289264328","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":5,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":273545660137664,"gmtCreate":1707821550299,"gmtModify":1707821554930,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"[Smile]&nbsp;&nbsp;It's time will come!","listText":"[Smile]&nbsp;&nbsp;It's time will come!","text":"[Smile] It's time will come!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/273545660137664","repostId":"2410843251","repostType":2,"repost":{"id":"2410843251","kind":"highlight","pubTimestamp":1707792846,"share":"https://ttm.financial/m/news/2410843251?lang=en_US&edition=fundamental","pubTime":"2024-02-13 10:54","market":"us","language":"en","title":"Will AMD Stock Skyrocket in 2024? 4 Catalysts to Watch.","url":"https://stock-news.laohu8.com/highlight/detail?id=2410843251","media":"InvestorPlace","summary":"Advanced Micro Devices has some impressive applications for its chips, leading to outsized interest around this stock.The company’s Q1 guidance lacked fireworks, but delivered where it matters.The company is a leading competitor in the AI chip race, and should be valued as such.Advanced Micro Devices , right on Intel’s heels, sparks reassurance in investors during market uncertainty. The company even surpassed its modest Q1 guidance, leading to expectations of more impressive longer-term growth among bulls. AMD projected $3.5 billion in data center revenue for 2024, as its Q4 revenue skyrocketed 38%. This is central to this AMD stock forecast.AMD has widened its horizons, recently revealing the AMD Embedded+, a system that provides a combination of AMD Ryzen Embedded processors and Versal adaptive SoCs on a single board. This integration smooths out qualification and builds processes, allowing for common software platforms for diverse applications. The system prioritizes low latency an","content":"<div>\n<p>Advanced Micro Devices (AMD) has some impressive applications for its chips, leading to outsized interest around this stock.The company’s Q1 guidance lacked fireworks, but delivered where it matters. ...</p>\n\n<a href=\"https://investorplace.com/2024/02/will-amd-stock-skyrocket-in-2024-4-catalysts-to-watch/\">Source Link</a>\n\n</div>\n","source":"investorplace_stock_picks","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>Will AMD Stock Skyrocket in 2024? 4 Catalysts to Watch.</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\">\nWill AMD Stock Skyrocket in 2024? 4 Catalysts to Watch.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-13 10:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/02/will-amd-stock-skyrocket-in-2024-4-catalysts-to-watch/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Advanced Micro Devices (AMD) has some impressive applications for its chips, leading to outsized interest around this stock.The company’s Q1 guidance lacked fireworks, but delivered where it matters. ...</p>\n\n<a href=\"https://investorplace.com/2024/02/will-amd-stock-skyrocket-in-2024-4-catalysts-to-watch/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0056508442.USD":"贝莱德世界科技基金A2","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","QLD":"2倍做多纳斯达克100指数ETF-ProShares","BK4533":"AQR资本管理(全球第二大对冲基金)","GFS":"GLOBALFOUNDRIES Inc.","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","AMD":"美国超微公司","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","LU2458330169.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A\" (SGD) ACC","BK4535":"淡马锡持仓","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","INTC":"英特尔",".IXIC":"NASDAQ Composite","TQQQ":"纳指三倍做多ETF","LU0109392836.USD":"富兰克林科技股A","LU2458330243.SGD":"FRANKLIN SHARIAH TECHNOLOGY \"A-H1\" (SGDHDG) ACC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","SQQQ":"纳指三倍做空ETF","BK4549":"软银资本持仓","QID":"两倍做空纳斯达克指数ETF-ProShares","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4548":"巴美列捷福持仓","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","PSQ":"做空纳斯达克100指数ETF-ProShares","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","BK4554":"元宇宙及AR概念","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4532":"文艺复兴科技持仓","QQQ":"纳指100ETF","BK4512":"苹果概念","BK4543":"AI","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","NVDA":"英伟达","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","BK4534":"瑞士信贷持仓","LU0079474960.USD":"联博美国增长基金A","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc"},"source_url":"https://investorplace.com/2024/02/will-amd-stock-skyrocket-in-2024-4-catalysts-to-watch/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2410843251","content_text":"Advanced Micro Devices (AMD) has some impressive applications for its chips, leading to outsized interest around this stock.The company’s Q1 guidance lacked fireworks, but delivered where it matters. The company is a leading competitor in the AI chip race, and should be valued as such. Source: JHVEPhoto / Shutterstock.comAdvanced Micro Devices (NASDAQ:AMD), right on Intel’s heels, sparks reassurance in investors during market uncertainty. The company even surpassed its modest Q1 guidance, leading to expectations of more impressive longer-term growth among bulls. AMD projected $3.5 billion in data center revenue for 2024, as its Q4 revenue skyrocketed 38%. This is central to this AMD stock forecast.In the field that’s undoubtedly dominated by Nvidia (NASDAQ:NVDA), AMD faces challenges in the AI chip race. Specifically, in the world of AI software, AMD is behind. Software rewriting is necessary to switch from AMD’s ROCm system to Nvidia’s CUDA system. Still, AMD offers a worthy substitute for Nvidia for cloud computing companies with expansion in mind.Given AMD’s victories against Intel (NASDAQ:INTC) in the X86 server realm, it’s a company that’s clearly worth paying attention to. The question is whether AMD is coming for Nvidia next, and could gain some key market share in the AI race. Let’s dive in.Strong Forward GuidanceIn October 2023, AMD soared above expectations by predicting $400 million in revenue from MI300 AI GPU sales in Q4. AMD CEO Lisa SU later confirmed this achievement, marking a key turning point for the company. If it can hit its own internal targets for growth, investors will pay attention to the company’s future guidance more closely. Thus far, this guidance remains strong.AMD has a number of key partnerships with other mega-cap tech companies in need of more computing power. These partnerships have driven the company’s most recent projections of achieving $3.5 billion of data center revenue in 2024. Now, I’m not certain the company can hit these targets, but given its current quarterly run rate of about $900 million in this segment, these estimates may prove to be light.In accordance with analysts’ expectations of $4 billion to $8 billion in AI-related revenue, AMD raised its AI chips sales revenue guidance over the next quarter. This is an indication of further growth, and should entice long-term investors to this chip name.Streamlined Solutions for AIAMD has widened its horizons, recently revealing the AMD Embedded+, a system that provides a combination of AMD Ryzen™ Embedded processors and Versal™ adaptive SoCs on a single board. This integration smooths out qualification and builds processes, allowing for common software platforms for diverse applications. The system prioritizes low latency and energy efficiency, as Chetan Khona, AMD’s Senior Director of Industrial, VIsion, Healthcare, and Sciences Markets, puts a spotlight on real-time sensor data in automated systems.Sapphire Technology has also brought the AMD Embedded+ ODM Solution to center stage, via the Sapphire Edge+ VPR-4616-MB. A Ryzen Embedded R2314 processor and Versal AI Edge VE2302 Adaptive Soc power this product. It offers versatile capabilities in a compact Mini-ITX form factor, consuming as little as 30W of energy to operate.Adrian Thompson, senior VP of global marketing, celebrated the Embedded+ system for its impressive reliability and reduced R&D costs. The Embedded+ qualified VPR-3616-MB is now available for purchase, and is a key product investors should keep an eye on. This is central to this AMD stock forecast.Trust the Process with AMDAMD hopes to reach an impressive market share of between 15% to 25% of the AI chip market in 2024. If the company can see easing from previous supply shortages, it’s possible this chip giant could go head-to-head with Nvidia.AMD’s AI revenue forecast may be aggressive and be a reason for some investors to pause around this stock. But as demand for AI chips grow, AMD should be able to produce outsized gains as it grows its market share. At least, that’s the bullish argument.For now, I remain cautiously bullish around AMD stock. Given what its peer Nvidia has done in recent weeks, this stock should see some carryover from investors.","news_type":1,"symbols_score_info":{"INTC":1,"QLD":0.6,"MNQmain":0.6,"SQQQ":0.6,"NQmain":0.6,"NVDA":1,"TQQQ":0.6,"PSQ":0.6,"GFS":1,"QQQ":0.6,"AMD":1,".IXIC":0.6,"QID":0.6}},"isVote":1,"tweetType":1,"viewCount":1100,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":267020678582392,"gmtCreate":1706200510364,"gmtModify":1706200514619,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"For sure a high risk high reward bet!","listText":"For sure a high risk high reward bet!","text":"For sure a high risk high reward bet!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/267020678582392","repostId":"2406212031","repostType":2,"isVote":1,"tweetType":1,"viewCount":1632,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":266089604218888,"gmtCreate":1705983704024,"gmtModify":1705983707398,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a> Slow and steady moat!","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a> Slow and steady moat!","text":"$Apple(AAPL)$ Slow and steady moat!","images":[{"img":"https://community-static.tradeup.com/news/4b3774e6502448eb94cacee3522d729a","width":"1092","height":"1717"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266089604218888","isVote":1,"tweetType":1,"viewCount":1561,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9968468846,"gmtCreate":1669295820985,"gmtModify":1676538180063,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"Tme is changing!","listText":"Tme is changing!","text":"Tme is changing!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9968468846","repostId":"2285384020","repostType":4,"repost":{"id":"2285384020","kind":"highlight","pubTimestamp":1669302016,"share":"https://ttm.financial/m/news/2285384020?lang=en_US&edition=fundamental","pubTime":"2022-11-24 23:00","market":"us","language":"en","title":"Latest Memo From Howard Marks: What Really Matters?","url":"https://stock-news.laohu8.com/highlight/detail?id=2285384020","media":"Seeking Alpha","summary":"SummaryThe vast majority of investors can’t know for sure what macro events lie just ahead or how th","content":"<html><head></head><body><h2>Summary</h2><ul><li>The vast majority of investors can’t know for sure what macro events lie just ahead or how the markets will react to the things that do happen.</li><li>Most people buy stocks with the goal of selling them at a higher price, thinking they’re for trading, not for owning.</li><li>Most individual investors and anyone who understands the limitations regarding outperformance would probably be best off holding index funds over the long run.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b128f2533a162219e4fb760585c5b07f\" tg-width=\"750\" tg-height=\"457\" referrerpolicy=\"no-referrer\"/><span>We Are</span></p><p>I&#39;ve gathered a few ideas from several of my memos this year - plus some recent musings and conversations - to form the subject of this memo: what really matters or should matter for investors. I&#39;ll start by examining a number of things that I think don&#39;t matter.</p><h2>What Doesn&#39;t Matter: Short-Term Events</h2><p>In <i>The Illusion of Knowledge</i> (September 2022), I railed against macro forecasting, which in our profession mostly concerns the next year or two. And in <i>I Beg to Differ</i> (July 2022), I discussed the questions I was asked most frequently at Oaktree&#39;s June 21 conference in London: How bad will inflation get? How much will the Fed raise interest rates to fight it? Will those increases cause a recession? How bad and for how long? The bottom line, I told the attendees, was that these things all relate to the short term, and this is what I know about the short term:</p><ul><li><p>Most investors can&#39;t do a superior job of predicting short-term phenomena like these.</p></li><li><p>Thus, they shouldn&#39;t put much stock in opinions on these subjects (theirs or those of others).</p></li><li><p>They&#39;re unlikely to make major changes in their portfolios in response to these opinions.</p></li><li><p>The changes they do make are unlikely to be consistently right.</p></li><li><p>Thus, these aren&#39;t the things that matter.</p></li></ul><p>Consider an example. In response to the first tremors of the Global Financial Crisis, the Federal Reserve began to cut the fed funds rate in 3Q2007. They then lowered it to zero around the end of 2008 and left it there for seven years. In late 2015, virtually the only question I got was &#34;When will the first rate increase occur?&#34; My answer was always the same: &#34;Why do you care? If I say &#39;February,&#39; what will you do? And if I later change my mind and say &#39;May,&#39; what will you do differently? If everyone knows rates are about to rise, what difference does it make which month the process starts?&#34; No one ever offered a convincing answer. Investors probably think asking such questions is part of behaving professionally, but I doubt they could explain why.</p><p>The vast majority of investors can&#39;t know for sure what macro events lie just ahead or how the markets will react to the things that do happen. In <i>The Illusion of Knowledge</i>, I wrote at length about the way unforeseen events make a hash of economic and market forecasts. In summary, most forecasts are extrapolations, and most of the time things don&#39;t change, so extrapolations are usually correct, but not particularly profitable. On the other hand, accurate forecasts of deviations from trends can be very profitable, but they&#39;re hard to make and hard to act on. These are some of the reasons why most people can&#39;t predict the future well enough to repeatably produce superior performance.</p><p>Why is doing this so hard? Don&#39;t most of us know what events are likely to transpire? Can&#39;t we just buy the securities of the companies that are most likely to benefit from those events? In the long run, maybe, but I want to turn to a theme that Bruce Karsh has been emphasizing lately, regarding a major reason why it&#39;s particularly challenging to profit from a short-term focus: <b>It&#39;s verydifficult to know which expectations regarding events are already incorporated in security prices.</b></p><p>One of the critical mistakes people are guilty of - we see it all the time in the media - is believing that changes in security prices are the result of events: that favorable events lead to rising prices and negative events lead to falling prices. I think that&#39;s what most people believe - especially first-level thinkers - but that&#39;s not right. <b>Security prices are determined by events and how investors react to those events, which is largely a function of how the events stack up against investors&#39; expectations.</b></p><p>How can we explain a company that reports higher earnings, only to see its stock price drop? The answer, of course, is that the reported improvement fell short of expectations and thus disappointed investors. So, at the most elementary level, it&#39;s not whether the event is simply positive or not, but how the event compares with what was expected.</p><p>In my earliest working years, I used to spend a few minutes each day looking over the earnings reports printed in <i>The Wall Street Journal</i>. But after a while, it dawned on me that since I didn&#39;t know what numbers had been expected, I had no idea whether an announcement from a company I didn&#39;t follow was good news or bad.</p><p>Investors can become experts regarding a few companies and their securities, but no one is likely to know enough about macro events to (A) be able to understand the macro expectations that underlie the prices of securities, (B) anticipate the broad events, and (C) predict how those securities will react. Where can a prospective buyer look to find out what the investors who set securities prices already anticipate in terms of inflation, GDP, or unemployment? Inferences regarding expectations can sometimes be drawn from asset prices, but the inferred levels often aren&#39;t proved correct when the actual results come in.</p><p>Further, in the short term, security prices are highly susceptible to random and exogenous events that can swamp the impact of fundamental events. <b>Macro events and the ups and downs of companies&#39; near-term fortunes are unpredictable and not necessarily indicative of - or relevant to - companies&#39; long-term prospects. So little attention should be paid to them.</b> For example, companies often deliberately reduce current earnings by investing in the future of their businesses; thus, low reported earnings can imply high future earnings, not continued low earnings. To know the difference, you have to have an in-depth understanding of the company.</p><p>No one should be fooled into thinking security pricing is a dependable process that accurately follows a set of rules. Events are unpredictable; they can be altered by unpredictable influences, and investors&#39; reactions to the events that occur are unpredictable. Due to the presence of so much uncertainty, most investors are unable to improve their results by focusing on the short term.</p><p>It&#39;s clear from observation that security prices fluctuate much more than economic output or company profits. <b>What accounts for this? It must be the fact that, in the short term, the ups and downs of prices are influenced far more by swings in investor psychology than by changes in companies&#39; long-term prospects. Because swings in psychology matter more in the near term than changes in fundamentals - and are so hard to predict - most short-term trading is a waste of time... or worse.</b></p><h2>What Doesn&#39;t Matter: The Trading Mentality</h2><p>Over the years, my memos have often included some of my father&#39;s jokes from the 1950s, based on my strong belief that humor often reflects truths about the human condition. Given its relevance here, I&#39;m going to devote a bit of space to a joke I&#39;ve shared before:</p><p><img src=\"https://static.tigerbbs.com/af510c5d038ecaeaa793f3d6b442a86a\" tg-width=\"911\" tg-height=\"590\" referrerpolicy=\"no-referrer\"/></p><p>I include this old joke because I believe most people treat stocks and bonds like something to trade, not something to own.</p><p><b>If you ask Warren Buffett to describe the foundation of his approach to investing, he&#39;ll probably start by insisting that stocks should be thought of as ownership interests in companies.</b> Most people don&#39;t start companies with the goal of selling them in the short term, but rather they seek to operate them, enjoy profitability, and expand the business. Of course, founders do these things to ultimately make money, but they&#39;re likely to view the money as the byproduct of having run a successful business. Buffett says people who buy stocks should think of themselves as partners of owners with whom they share goals.</p><p>But I think that&#39;s rarely the case. <b>Most people buy stocks with the goal of selling them at a higher price, thinking they&#39;re for trading, not for owning.</b> This means they abandon the owner mentality and instead act like gamblers or speculators who bet on stock price moves. The results are often unpleasant.</p><p>The DALBAR Institute 2012 study showed that investors receive three percentage points less per year than the S&amp;P 500 generated from 1992 to 2012, and the average holding period for a typical investor is six months. Six Months!! When you hold a stock for less than a year, you are not using the stock market to acquire business ownership positions and participate in the growth of that business. Instead, you are just guessing at short-term news and expectations, and your returns are based on how other people react to that news information. In aggregate, that kind of attitude gets you three percentage points less per year than you&#39;d get from doing nothing at all beyond making the initial investment in the index fund of the S&amp;P 500. (&#34;Fidelity&#39;s Best Investors Are Dead,&#34; <i>The Conservative Income Investor</i>, April 8, 2020)</p><p>To me, buying for a short-term trade equates to forgetting about your sports team&#39;s chances of winning the championship and instead betting on who&#39;s going to succeed in the next play, period, or inning.</p><p>Let&#39;s think about the logic. You buy a stock because you think it&#39;s worth more than you have to pay for it, whereas the seller considers it fully priced. Someday, if things go well, it&#39;ll become fully priced, in your opinion, meaning you&#39;ll sell it. The person you sell it to, however, will buy it because he thinks it&#39;s worth still more. We used to talk about this process as being reliant on the Greater Fool Theory: No matter what price I pay for a stock, there will always be someone who will buy it from me for more, despite the fact that I&#39;m selling because I&#39;ve concluded that it has reached full value.</p><p>Every buyer is motivated by the belief that the stock will eventually be worth more than today&#39;s price (a view the seller presumably doesn&#39;t share). The key question is what type of thinking underlies these purchases. <b>Are the buyers buying because this is a company they&#39;d like to own a piece of for years? Or are they merely betting that the price will go up?</b> The transactions may look the same from the outside, but I wonder about the thought process and thus the soundness of the logic.</p><p><b>Each time a stock is traded, one side is wrong and one is right. But if what you&#39;re doing is betting on trends in popularity, and thus the direction of price moves over the next month, quarter, or year, is it realistic to believe you&#39;ll be right more often than the person on the other side of the trade?</b> Maybe the decline of active management can be attributed to the many active managers who placed bets on the direction of stock prices in the short term, instead of picking companies they wanted to own part of for years. It&#39;s all a matter of the underlying mentality.</p><p>I had a long debate on this topic with my father back in 1969, when I lived with him during my first months at First National City Bank. (It&#39;s amazing for me to think back to those days; he was so much younger than I am today.) I told him I thought buying a stock should be motivated by something other than the hope that the price would rise, and I suggested this might be the expectation that dividends would increase over time. He countered that no one buys stocks for the dividends - they buy because they think the price will go up. But what would trigger the rise?</p><p>Wanting to own a business for its commercial merit and long-term earnings potential is a good reason to be a stockholder, and if these expectations are borne out, a good reason to believe the stock price will rise. In the absence of that, buying in the hope of appreciation merely amounts to trying to guess which industries and companies investors will favor in the future. Ben Graham famously said, &#34;In the short run, a market is a voting machine, but in the long run, it is a weighing machine.&#34; <b>While none of this is easy, as Charlie Munger once told me, carefully weighing long-term merit should produce better results than trying to guess at short-term swings in popularity.</b></p><h2>What Doesn&#39;t Matter: Short-Term Performance</h2><p>Given the possible contributors to short-term investment performance, reported results can present a highly misleading picture, and here I&#39;m talking mostly about superior gains in good times. I feel there are three ingredients for success during good times - aggressiveness, timing, and skill - and if you have enough aggressiveness at the right time, you don&#39;t need that much skill. We all know that in good times, the highest returns often go to the person whose portfolio incorporates the most risk, beta, and correlation. Having such a portfolio isn&#39;t a mark of distinction or insight if the investor is a perma-bull who&#39;s always positioned aggressively. Finally, random events can have an overwhelming impact on returns - in either direction - in a given quarter or year.</p><p>One of the recurring themes in my memos is the idea that the quality of a decision cannot be determined by the outcome alone. Decisions often lead to negative outcomes even when they&#39;re well-reasoned and based on all the available information. On the other hand, we all know people - even occasionally ourselves - who&#39;ve been right for the wrong reason. Hidden information and random developments can frustrate even the best thinkers&#39; decisions. (However, when outcomes are considered over a long period of time and a large number of trials, the better decision maker is overwhelmingly likely to have a higher proportion of successes.)</p><p><b>Obviously, no one should attach much significance to returns in one quarter or year. Investment performance is simply one result drawn from the full range of returns that could have materialized, and in the short term, it can be heavily influenced by random events. Thus, a single quarter&#39;s return is likely to be a very weak indicator of an investor&#39;s ability, if that.</b> Deciding whether a manager has a special skill - or whether an asset allocation is appropriate for the long run - on the basis of one quarter or year is like forming an opinion of a baseball player on the basis of one trip to the plate, or of a racehorse based on one race.</p><p>We know short-term performance doesn&#39;t matter much. And yet, most of the investment committees I&#39;ve sat on have had the latest quarter&#39;s performance as the first item on the agenda and devoted a meaningful portion of each meeting to it. The discussion is usually extensive, but it rarely leads to significant action. So why do we keep doing it? For the same reasons investors pay attention to forecasting, as described in <i>The Illusion of Knowledge</i>: &#34;everyone does it,&#34; and &#34;it would be irresponsible not to.&#34;</p><h2>What Doesn&#39;t Matter: Volatility</h2><p>I haven&#39;t written much about volatility, other than to say I strongly disagree with people who consider it the definition or essence of risk. I&#39;ve described my belief that the academics who developed the Chicago School theory of investment in the early 1960s (A) wanted to examine the relationship between investment returns and risk, (B) needed a number quantifying risk that they could put into their calculations, and (C) undoubtedly chose volatility as a proxy for risk for the simple reason that it was the only quantifiable metric available. I define risk as the probability of a bad outcome, and volatility is, at best, an indicator of the presence of risk. But volatility is not risk. That&#39;s all I&#39;m going to say on that subject.</p><p><b>What I want to talk about here is the extent to which thinking and caring about volatility has warped the investing world over the 50-plus years that I&#39;ve been in it.</b> It was a great advantage for me to have attended the Graduate School of Business at the University of Chicago in the late &#39;60s and to have been part of one of the very first classes that taught new theories. I learned about the efficient market hypothesis, the capital asset pricing model, the random walk, the importance of risk aversion, and the role of volatility as risk. While volatility wasn&#39;t a topic of conversation when I got into the real world of investing in 1969, the practice soon caught up with the theory.</p><p>In particular, the Sharpe ratio was adopted as the measure of risk-adjusted return. It&#39;s the ratio of a portfolio&#39;s excess return (the part of its return that exceeds the yield on T-bills) to its volatility. The more return per unit of volatility, the higher the risk-adjusted return. Risk adjustment is an essential concept, and returns should absolutely be evaluated relative to the risk that was taken to achieve them. Everyone cites Sharpe ratios, including Oaktree, because it&#39;s the only quantitative tool available for the job. (If investors, consultants, and clients didn&#39;t use the Sharpe ratio, they&#39;d have no metric at all, and if they tried to substitute fundamental riskiness for volatility in their assessments, they&#39;d find that there&#39;s no way to quantify it.) <b>The Sharpe ratio may hint at risk-adjusted performance in the same way that volatility hints at risk, but since volatility isn&#39;t risk, the Sharpe ratio is a very imperfect measure.</b></p><p>Take, for example, one of the asset classes I started working with in 1978: high-yield bonds. At Oaktree, we think moderately-above-benchmark returns can be produced with substantially less risk than the benchmark, and this shows up in superior Sharpe ratios. But the real risk in high-yield bonds - the one we care about and have a history of reducing - is the risk of default. We don&#39;t much care about reducing volatility, and we don&#39;t take conscious steps to do so. We believe high Sharpe ratios can result from - and perhaps are correlated with - the actions we take to reduce defaults.</p><p><b>Volatility is particularly irrelevant in our of fixed income or &#34;credit.&#34;</b> Bonds, notes, and loans represent contractual promises of periodic interest and repayment at maturity. <b>Most of the time when you buy a bond with an 8% yield, you&#39;ll basically get the 8% yield over its life, regardless of whether the bond price goes up or down in the interim.</b> I say &#34;basically&#34; because, if the price falls, you&#39;ll have the opportunity to reinvest the interest payments at yields above 8%, so your holding-period return will creep up. Thus, the downward price volatility that so many revile is actually a good thing - as long as it doesn&#39;t presage defaults. (Note that, as indicated in this paragraph, &#34;volatility&#34; is often a misnomer. Strategists and the media often warn that &#34;there may be volatility ahead.&#34; What they really mean is &#34;there may be price declines ahead.&#34; No one worries about, or minds experiencing, volatility to the upside.)</p><p><b>It&#39;s essential to recognize that protection from volatility generally isn&#39;t a free good. Reducing volatility for its own sake is a sub-optimizing strategy: It should be presumed that favoring lower-volatility assets and approaches will - all things being equal - lead to lower returns.</b> Only managers with superior skill, or alpha (see page 11), will be able to overcome this negative presumption and reduce return less than they reduce volatility.</p><p>Nevertheless, since many clients, bosses, and other constituents are uncomfortable with radical ups and downs (well, mostly with downs), asset managers often take steps to reduce volatility. Consider what happened after institutional investors began to pile into hedge funds following the three-year decline of stocks brought on by the bursting of the tech bubble in 2000. (This was the first three-year decline since 1939-41.) Hedge funds - previously members of a cottage industry where most funds had a few hundred million dollars of capital from wealthy individuals - did much better than stocks in the downdraft. Institutions were attracted to these funds&#39; low volatility, and thus invested billions in them.</p><p>The average hedge fund delivered the stability the institutions wanted. But somewhere in the shuffle, the idea of earning high returns with low volatility got lost. Instead, hedge fund managers pursued low volatility as a goal in itself, since they knew it was what the institutions were after. As a result, over roughly the last 18 years, the average hedge fund delivered the low volatility that was desired, but it was accompanied by modest single-digit returns. No miracle there.</p><p><b>Why do I recite all this? Because volatility is just a temporary phenomenon (assuming you survive it financially), and most investors shouldn&#39;t attach as much importance to it as they seem to.</b> As I wrote in <i>I Beg to Differ</i>, many investors have the luxury of being able to focus exclusively on the long term... if they will take advantage of it. Volatility should be less of a concern for investors:</p><ul><li>whose entities are long-lived, like life insurance companies, endowments, and pension funds;</li><li>whose capital isn&#39;t subject to lump-sum withdrawal;</li><li>whose essential activities won&#39;t be jeopardized by downward fluctuations;</li><li>who don&#39;t have to worry about being forced into mistakes by their constituents; and</li><li>who hasn&#39;t levered up with debt that might have to be repaid in the short run?</li></ul><p>Most investors lack some of these things, and few have them all. But to the extent these characteristics are present, investors should take advantage of their ability to withstand volatility, since many investments with the potential for high returns might be susceptible to substantial fluctuations.</p><p><b>Warren Buffett always puts it best, and on this topic, he usefully said, &#34;We prefer a lumpy 15% return to a smooth 12% return.&#34; Investors who&#39;d rather have the reverse - who find a smooth 12% preferable to a lumpy 15% - should ask themselves whether their aversion to volatility is mostly financial or mostly emotional.</b></p><p>Of course, the choices made by employees, investment committee members, and hired investment managers may have to reflect real-world considerations. People in charge of institutional portfolios can have valid reasons for avoiding ups and downs that their organizations or clients might be able to stomach in financial terms but would still find unpleasant. All anyone can do is the best they can under their particular circumstances. <b>But my bottom line is this: In many cases, people accord volatility far more important than they should.</b></p><h2>An Aside</h2><p>While I&#39;m on the subject of volatility, I want to turn to an area that hasn&#39;t reported much of it of late: private investment funds. The first nine months of 2022 constituted one of the worst periods on record for both stocks and bonds. Yet, many private equities and private debt funds are reporting only small losses for the year to date. I&#39;m often asked what this means, and whether it reflects reality.</p><p>Maybe the performance of private funds is being reported accurately. (I know we believe ours is.) But I recently came across an interesting <i>Financial Times</i> article provocatively titled, &#34;The volatility laundering, return manipulation and &#39;phoney happiness&#39; of private equity,&#34; by Robin Wigglesworth. Here&#39;s some of its content:</p><p>The widening performance gap between public and private markets is a huge topic these days. Investors have often seen as the gormless [foolish] dupes falling for the &#34;return manipulation&#34; of cunning private equity tycoons. But what if they are co-conspirators?...</p><p>That&#39;s what a new paper from three academics at the University of Florida argues. Based on nearly two decades worth of private equity real estate funds data, Blake Jackson, David Ling, and Andy Naranjo conclude that &#34;private equity fund managers manipulate returns to cater to their investors.&#34;</p><p><b>...Jackson, Ling, and Naranjo&#39;s... central conclusion is that &#34;GPs do not appear to manipulate interim returns to fool their LPs, but rather because their LPs want them to do so&#34;.</b></p><p>Similar to the idea that banks design financial products to cater to yield-seeking investors or firms issue dividends to cater to investor demand for dividend payments, we argue that PE fund managers boost interim performance reports to cater to some investors&#39; demand for manipulated returns.</p><p>...<b>If a GP boosts or smooths returns,...investment managers within LP organizations can report artificially higher Sharpe ratios, alphas, and top-line returns, such as IRRs, to their trustees or other overseers.</b> In doing so, these investment managers, whose median tenure of four years often expires years before the ultimate returns of a PE fund are realized, might improve their internal job security or potential labor market outcomes...</p><p>This probably helps explain why private equity firms on average actually reported gains of 1.6 percent in the first quarter of 2022 and only some modest marks downwards since then, despite global equities losing 22 percent of their value this year. (November 2, 2022. Emphasis added)</p><p>If both GPs and LPs are happy with returns that seem unusually good, might the result be suspect? Is the performance of private assets being stated accurately? Is the low volatility being reported genuine? If the current business climate is challenging, shouldn&#39;t that affect the prices of public and private investments alike?</p><p>But there&#39;s another series of relevant questions: Mightn&#39;t it be fair for GPs to decline to mark down private investments in companies that have experienced short-term weakness but whose long-term prospects remain bright? And while private investments might not have been marked down enough this year, isn&#39;t it true that the prices of public securities are more volatile than they should be, overstating the changes in long-term value? I certainly think public security prices reflect psychological swings that are often excessive. Should the prices of private investments emulate this?</p><p>As with most things, any inaccuracy in reporting will eventually come to light. Eventually, private debt will mature, and private equity holdings will have to be sold. If the returns being reported this year understate the real declines in value, performance from here on out will likely look surprisingly poor. And I&#39;m sure this will lead plenty of academics (and maybe a few regulators) to question whether the pricing of private investments in 2022 was too high. We&#39;ll see.</p><h2>What Doesn&#39;t Matter: Hyper-Activity</h2><p>In <i>Selling Out</i> (January 2022), I expressed my strong view that most investors trade too much. Since it&#39;s hard to make multiple consecutive decisions correctly, and trading costs money and is often likely to result from an investor&#39;s emotional swings, it&#39;s better to do less of it.</p><p><b>When I was a boy, there was a popular saying: Don&#39;t just sit there; do something. But for investing, I&#39;d invert it: Don&#39;t just do something; sit there.</b> Develop the mindset that you don&#39;t make money on what you buy and sell; you make money (hopefully) on what you hold. Think more. Trade less. Make fewer, but more consequential, trades. Over-diversification reduces the importance of each trade; thus it can allow investors to take actions without adequate investigation or great conviction. I think most portfolios are over-diversified and over-traded.</p><p>I devoted a good portion of <i>The Illusion of Knowledge</i> and <i>Selling Out</i> to warn investors about how difficult it is to improve returns through short-term market timing, and I quoted the great investor Bill Miller: &#34;Time, not timing, is key to building wealth in the stock market.&#34;</p><p>On this subject, I was recently asked by a consultant, &#34;If you don&#39;t try to get in and out of the market as appropriate, how do you earn your fees?&#34; My answer was that it&#39;s our job to assemble portfolios that will perform well over the long run, and market timing is unlikely to add to the outcome unless it can be done well, which I&#39;m not convinced is usually the case. &#34;What about you?&#34; I asked. &#34;If you help a client establish an appropriate asset allocation, does it follow that you&#39;re not earning your fees if you don&#39;t change it a month later?&#34;</p><p>Likewise, the day <i>The Illusion of Knowledge</i> came out, an old friend asked me, &#34;But you have to take a position [on short-run events], don&#39;t you?&#34; My answer, predictably, was, &#34;No, not if you don&#39;t have an advantage when doing so. Why would you bet on the outcome of a coin toss, especially if it costs money to play?&#34;</p><p>I&#39;ll end my discussion of this subject with a wonderful citation:</p><p>A news item that has gotten a lot of attention recently concerned an internal performance review of Fidelity accounts to determine which type of investors received the best returns between 2003 and 2013. The customer account audit revealed that the best investors were either dead or inactive - the people who switched jobs and &#34;forgot&#34; about an old 401(K) leaving the current options in place, or the people who died and the assets were frozen while the estate handled the assets. (&#34;Fidelity&#39;s Best Investors Are Dead,&#34; <i>The Conservative Income Investor</i>, April 8, 2020)</p><p>Since the journalists have been unable to find the Fidelity study, and apparently so has Fidelity, the story is probably apocryphal. But I still like the idea, since the conclusion is so much in line with my thinking. <b>I&#39;m not saying it&#39;s worth dying to improve investment performance, but it might be a good idea for investors to simulate that condition by sitting on their hands.</b></p><h2>So What Does Matter?</h2><p><b>What really matters is the performance of your holdings over the next five or ten years (or more) and how the value at the end of the period compares to the amount you invested and to your needs.</b> Some people say the long run is a series of short runs, and if you get those right, you&#39;ll enjoy success in the long run. They might think the route to success consists of trading often in order to capitalize on relative value assessments, predictions regarding swings in popularity, and forecasts of macro events. I obviously do not.</p><p>Most individual investors and anyone who understands the limitations regarding outperformance would probably be best off holding index funds over the long run. Investment professionals and others who feel they need or want to engage in active management might benefit from the following suggestions.</p><p>I think most people would be more successful if they focused less on the short-run or macro trends and instead worked hard to gain superior insight concerning the outlook for fundamentals over multi-year periods in the future. They should:</p><ul><li><p>study companies and securities, assessing things such as their earnings potential;</p></li><li><p>buy the ones that can be purchased at attractive prices relative to their potential;</p></li><li><p>hold onto them as long as the company&#39;s earnings outlook and the attractiveness of the price remain intact; and</p></li><li><p>make changes only when those things can&#39;t be reconfirmed, or when something better comes along.</p></li></ul><p><b>At the London conference mentioned on page one - while I was discussing (and discouraging) paying attention to the short run - I said that at Oaktree we consider it our job to (A) buy debt that will be serviced as promised (or will return the same amount or more if not) and (B) invest in companies that will become more valuable over time. I&#39;ll stick with that.</b></p><p>The above description of the investor&#39;s job is quite simple... some might say simplistic. And it is. Setting out the goals and the process in broad terms is easy. The hard part is executing better than most people: That&#39;s the only route to market-beating performance. <b>Since average decision-making is reflected in security prices and produces average performance, superior results have to be based on superior insight.</b> But I can&#39;t tell you how to do these things better than the average investor.</p><p>There&#39;s a lot more to the process, and I&#39;m going to outline some of what I think are key elements to remember. You&#39;ll recognize recurring themes here, from other memos, and from earlier pages in this one, but I make no apology for dwelling on things that are important:</p><ul><li><p>Forget the short run - only the long run matters. Think of securities as interests in companies, not trading cards.</p></li><li><p>Decide whether you believe in market efficiency. If so, is your market sufficiently inefficient to permit outperformance, and are you up to the task of exploiting it?</p></li><li><p>Decide whether your approach will lean more toward aggressiveness or defensiveness. Will you try to find more and bigger winners or focus on avoiding losers, or both? Will you try to make more on the way up or lose less on the down, or both? (Hint: &#34;both&#34; is much harder to achieve than one or the other.) In general, people&#39;s investment styles should fit their personalities.</p></li><li><p>Think about what your normal risk posture should be - your normal balance between aggressiveness and defensiveness - based on your or your clients&#39; financial position, needs, aspirations, and ability to live with fluctuations. Consider whether you&#39;ll vary your balance depending on what happens in the market.</p></li><li><p>Adopt a healthy attitude toward return and risk. Understand that &#34;the more return potential, the better&#34; can be a dangerous rule to follow given that increased return potential is usually accompanied by increased risk. On the other hand, completely avoiding risk usually leads to avoiding return as well.</p></li><li><p>Insist on an adequate margin of safety, or the ability to weather periods when things go less well than you expected.</p></li><li><p>Stop trying to predict the macro; study the micro like mad in order to know your subject better than others. Understand that you can expect to succeed only if you have a knowledge advantage, and be realistic about whether you have it or not. Recognize that trying harder isn&#39;t enough. Accept my son Andrew&#39;s view that merely possessing &#34;readily available quantitative information regarding the present&#34; won&#39;t give you above-average results, since everyone else has it.</p></li><li><p>Recognize that psychology swings much more than fundamentals, and usually in the wrong direction or at the wrong time. Understand the importance of resisting those swings. Profit if you can by being counter-cyclical and contrarian.</p></li><li><p>Study conditions in the investment environment - especially investor behavior - and consider where things stand in terms of the cycle. Understand that where the market stands in its cycle will strongly influence whether the odds are in your favor or against you.</p></li><li><p>Buy debt when you like the yield, not for trading purposes. In other words, buy 9% bonds if you think the yield compensates you for the risk, and you&#39;ll be happy with 9%. Don&#39;t buy 9% bonds expecting to make 11% thanks to price appreciation resulting from declining interest rates.</p></li></ul><p><b>Of critical importance, equity investors should make their primary goals (A) participating in the secular growth of economies and companies and (B) benefiting from the wonder of compounding.</b> Think about the 10.5% yearly return of the S&amp;P 500 Index (or its predecessors) since 1926 and the fact that this would have turned $1 into over $13,000 by now, even though the period witnessed 16 recessions, one Great Depression, several wars, one World War, a global pandemic, and many instances of geopolitical turmoil.</p><p><b>Think of participating in the long-term performance of the average as the main event and the active efforts to improve on it as &#34;embroidery around the edges.&#34;</b> This might be the reverse of most active investors&#39; attitudes. Improving results through over- and underweighting, short-term trading, market timing, and other active measures aren&#39;t easy. <b>Believing you can do these things successfully requires the assumption that you&#39;re smarter than a bunch of very smart people. Think twice before proceeding, as the requirements for success are high (see below).</b></p><p>Don&#39;t mess it up by over-trading. Think of buying and selling as an expense item, not a profit center. I love the idea of the automated factory of the future, with one man and one dog; The dog&#39;s job is to keep the man from touching the machinery, and the man&#39;s job is to feed the dog. <b>Investors should find a way to keep their hands off their portfolios most of the time.</b></p><h2>A Special Word in Closing: Asymmetry</h2><p><b>&#34;Asymmetry&#34; is a concept I&#39;ve been conscious of for decades and consider more important with every passing year. It&#39;s my word for the essence of investment excellence and a standard against which investors should be measured.</b></p><p>First, some definitions:</p><ul><li><p>I&#39;m going to talk below about whether an investor has &#34;alpha.&#34; Alpha is technically defined as a return in excess of the benchmark return, but I prefer to think of it as a superior investing skill. It&#39;s the ability to find and exploit inefficiencies when they&#39;re present.</p></li><li><p>Inefficiencies - mispricings or mistakes - represent instances when an asset&#39;s price diverges from its fair value. These divergences can show up as bargains or the opposite, over-pricings.</p></li><li><p>Bargains will dependably perform better than other investments over time after adjustment for their riskiness. Over-pricings will do the opposite.</p></li><li><p>&#34;Beta&#34; is an investor&#39;s or a portfolio&#39;s relative volatility, also described as relative sensitivity or systematic risk.</p></li></ul><p>People who believe in the efficient market hypothesis think of a portfolio&#39;s return as the product of the market&#39;s return multiplied by the portfolio&#39;s beta. This is all it takes to explain results since there are no mispricings to take advantage of in an efficient market (and so no such thing as alpha). <b>Thus, alpha is a skill that enables an investor to produce performance better than that which is explained purely by market return and beta.</b> Another way to say this is that having alpha allows an investor to enjoy profit potential that is disproportionate to loss potential: asymmetry. In my view, asymmetry is present when an investor can repeatedly do some or all of the following:</p><ul><li><p>make more money in good markets than he gives back in bad markets,</p></li><li><p>have more winners than losers,</p></li><li><p>make more money on his winners than he loses on his losers,</p></li><li><p>do well when his aggressive or defensive bias proves timely but not badly when it doesn&#39;t,</p></li><li><p>do well when his sector or strategy is in favor but not badly when it isn&#39;t, and</p></li><li><p>construct portfolios so that most of the surprises are on the upside.</p></li></ul><p>For example, most of us have an inherent bias toward either aggressiveness or defensiveness. For this reason, it doesn&#39;t mean much if an aggressive investor outperforms in a good year or a defensive investor outperforms in a bad year. To determine whether they have alpha and produce asymmetry, we have to consider whether the aggressive investor is able to avoid the full loss that his aggressiveness alone would produce in a bad market and whether the defensive investor can avoid missing out on too much of the gain when the market does well. <b>In my opinion, &#34;excellence&#34; lies in the asymmetry between the results in good and bad times.</b></p><p><b>As I see it, if inefficiencies are present in an investor&#39;s market, and she has alpha, the impact will show up in asymmetrical returns. If her returns show no asymmetry, the investor doesn&#39;t have alpha (or perhaps there are no inefficiencies for her to identify). Flipping that over, if an investor doesn&#39;t have alpha, her returns won&#39;t be asymmetrical. It&#39;s as simple as that.</b></p><p>To simplify, here&#39;s what I think about asymmetry. This discussion is based on material I included in my 2018 book <i>Mastering the Market Cycle:Getting the Odds on Your Side</i>. While I may appear to be talking about one good year and one bad one, these observations can only be considered valid if these patterns hold over a meaningful number of years.</p><p>Let&#39;s consider a manager&#39;s performance:</p><table><tbody><tr><td>Market performance</td><td>+10%</td><td>-10%</td></tr><tr></tr><tr><td>Manager A</td><td>+10%</td><td>-10%</td></tr></tbody></table><p>The above manager clearly adds no value. You might as well invest in an index fund (probably at a much lower fee).</p><p>These two managers also add no value:</p><table><tbody><tr><td>Market performance</td><td>+10%</td><td>-10%</td></tr><tr></tr><tr><td>Manager B</td><td>+5%</td><td>-5%</td></tr><tr><td>Manager C</td><td>+20%</td><td>-20%</td></tr></tbody></table><p>Manager B is just a no-alpha manager with a beta of 0.5, and manager C is a no-alpha manager with a beta of 2.0. You could get the same results as manager B by putting half your capital in an index fund and keeping the rest under your mattress and in the case of manager C, by doubling your investment with borrowed capital and putting it all in an index fund.</p><p>These two managers, however, do have alpha, as they exhibit asymmetry:</p><table><tbody><tr><td>Market performance</td><td>+10%</td><td>-10%</td></tr><tr></tr><tr><td>Manager D</td><td>+17%</td><td>-12%</td></tr><tr><td>Manager E</td><td>+9%</td><td>-3%</td></tr></tbody></table><p>Both managers&#39; returns reflect more of the market&#39;s gain in good times than they do its loss in bad ones. Manager D might be described as an aggressive manager with alpha; she achieves 170% of the market&#39;s return when the market rises but suffers only 120% of the loss when it falls. Manager E is a defensive manager with alpha; his returns reflect 90% of the gain in an up market but only 30% of the loss in a down market. These asymmetries can only be attributed to the presence of alpha. Risk-tolerant clients will prefer to invest in D, and risk-averse ones will prefer E.</p><p>This manager is truly exceptional:</p><table><tbody><tr><td>Market performance</td><td>+10%</td><td>-10%</td></tr><tr></tr><tr><td>Manager F</td><td>+20%</td><td>-5%</td></tr></tbody></table><p>She beat the market in both directions: She&#39;s up more than the market when it rises and down less when it falls. She&#39;s up so much in a good market that you might be tempted to describe her as aggressive. But since she&#39;s down less in a down market, that description won&#39;t hold. Either she doesn&#39;t have a bias in terms of aggressiveness versus defensiveness, or her alpha is great enough to offset it.</p><p>Finally, here&#39;s one of the greatest managers of all time:</p><table><tbody><tr><td>Market performance</td><td>+10%</td><td>-10%</td></tr><tr></tr><tr><td>Manager G</td><td>+20%</td><td>+5%</td></tr></tbody></table><p>Manager G is up in good and bad markets alike. He clearly doesn&#39;t have an aggressiveness/defensiveness bias, since his performance is exceptional in both markets. His alpha is sufficient to enable him to buck the trend and achieve a positive return in a down year. When you find Manager G, you should (A) do extensive due diligence regarding his reported performance, (B) if the numbers hold up, invest a lot of money with him, (C) hope he won&#39;t accept so much money that his edge goes away, and (D) send me his number.</p><p>What matters most? Asymmetry.</p><ul><li><p>In sum, asymmetry shows up in a manager&#39;s ability to do very well when things go his way and not too bad when they don&#39;t.</p></li><li><p>A great adage says, &#34;Never confuse brains and a bull market.&#34; Managers with the skill needed to produce asymmetry are special because they&#39;re able to fashion good gains from sources other than market advances.</p></li><li><p><b>When you think about it, the active investment business is, at its heart, completely about asymmetry. If a manager&#39;s performance doesn&#39;t exceed what can be explained by market returns and his relative risk posture - which stems from his choice of market sector, tactics, and level of aggressiveness - he simply hasn&#39;t earned his fees.</b></p></li></ul><p>Without asymmetry (see Managers A, B, and C on page 12), active management delivers no value and deserves no fees. <b>Indeed, all the choices an active investor makes will be for naught if he doesn&#39;t possess superior skill or insight.</b> By definition, average investors and below-average investors don&#39;t have alpha and can&#39;t produce asymmetry.</p><p>The big question is how to achieve asymmetry. Most of the things people focus on - the things I describe on pages one through nine as not mattering - can&#39;t provide it. As I&#39;ve said before, the average of all investors&#39; thinking produces market prices and, obviously, average performance. <b>Asymmetry can only be demonstrated by the relatively few people with superior skill and insight.</b> The key lies in finding them.</p><p><i><b>Editor&#39;s Note:</b></i><i> The summary bullets for this article were chosen by Seeking Alpha editors.</i></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Latest Memo From Howard Marks: What Really Matters?</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\">\nLatest Memo From Howard Marks: What Really Matters?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-24 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4560095-latest-memo-from-howard-marks-what-really-matters><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe vast majority of investors can’t know for sure what macro events lie just ahead or how the markets will react to the things that do happen.Most people buy stocks with the goal of selling ...</p>\n\n<a href=\"https://seekingalpha.com/article/4560095-latest-memo-from-howard-marks-what-really-matters\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://seekingalpha.com/article/4560095-latest-memo-from-howard-marks-what-really-matters","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2285384020","content_text":"SummaryThe vast majority of investors can’t know for sure what macro events lie just ahead or how the markets will react to the things that do happen.Most people buy stocks with the goal of selling them at a higher price, thinking they’re for trading, not for owning.Most individual investors and anyone who understands the limitations regarding outperformance would probably be best off holding index funds over the long run.We AreI've gathered a few ideas from several of my memos this year - plus some recent musings and conversations - to form the subject of this memo: what really matters or should matter for investors. I'll start by examining a number of things that I think don't matter.What Doesn't Matter: Short-Term EventsIn The Illusion of Knowledge (September 2022), I railed against macro forecasting, which in our profession mostly concerns the next year or two. And in I Beg to Differ (July 2022), I discussed the questions I was asked most frequently at Oaktree's June 21 conference in London: How bad will inflation get? How much will the Fed raise interest rates to fight it? Will those increases cause a recession? How bad and for how long? The bottom line, I told the attendees, was that these things all relate to the short term, and this is what I know about the short term:Most investors can't do a superior job of predicting short-term phenomena like these.Thus, they shouldn't put much stock in opinions on these subjects (theirs or those of others).They're unlikely to make major changes in their portfolios in response to these opinions.The changes they do make are unlikely to be consistently right.Thus, these aren't the things that matter.Consider an example. In response to the first tremors of the Global Financial Crisis, the Federal Reserve began to cut the fed funds rate in 3Q2007. They then lowered it to zero around the end of 2008 and left it there for seven years. In late 2015, virtually the only question I got was \"When will the first rate increase occur?\" My answer was always the same: \"Why do you care? If I say 'February,' what will you do? And if I later change my mind and say 'May,' what will you do differently? If everyone knows rates are about to rise, what difference does it make which month the process starts?\" No one ever offered a convincing answer. Investors probably think asking such questions is part of behaving professionally, but I doubt they could explain why.The vast majority of investors can't know for sure what macro events lie just ahead or how the markets will react to the things that do happen. In The Illusion of Knowledge, I wrote at length about the way unforeseen events make a hash of economic and market forecasts. In summary, most forecasts are extrapolations, and most of the time things don't change, so extrapolations are usually correct, but not particularly profitable. On the other hand, accurate forecasts of deviations from trends can be very profitable, but they're hard to make and hard to act on. These are some of the reasons why most people can't predict the future well enough to repeatably produce superior performance.Why is doing this so hard? Don't most of us know what events are likely to transpire? Can't we just buy the securities of the companies that are most likely to benefit from those events? In the long run, maybe, but I want to turn to a theme that Bruce Karsh has been emphasizing lately, regarding a major reason why it's particularly challenging to profit from a short-term focus: It's verydifficult to know which expectations regarding events are already incorporated in security prices.One of the critical mistakes people are guilty of - we see it all the time in the media - is believing that changes in security prices are the result of events: that favorable events lead to rising prices and negative events lead to falling prices. I think that's what most people believe - especially first-level thinkers - but that's not right. Security prices are determined by events and how investors react to those events, which is largely a function of how the events stack up against investors' expectations.How can we explain a company that reports higher earnings, only to see its stock price drop? The answer, of course, is that the reported improvement fell short of expectations and thus disappointed investors. So, at the most elementary level, it's not whether the event is simply positive or not, but how the event compares with what was expected.In my earliest working years, I used to spend a few minutes each day looking over the earnings reports printed in The Wall Street Journal. But after a while, it dawned on me that since I didn't know what numbers had been expected, I had no idea whether an announcement from a company I didn't follow was good news or bad.Investors can become experts regarding a few companies and their securities, but no one is likely to know enough about macro events to (A) be able to understand the macro expectations that underlie the prices of securities, (B) anticipate the broad events, and (C) predict how those securities will react. Where can a prospective buyer look to find out what the investors who set securities prices already anticipate in terms of inflation, GDP, or unemployment? Inferences regarding expectations can sometimes be drawn from asset prices, but the inferred levels often aren't proved correct when the actual results come in.Further, in the short term, security prices are highly susceptible to random and exogenous events that can swamp the impact of fundamental events. Macro events and the ups and downs of companies' near-term fortunes are unpredictable and not necessarily indicative of - or relevant to - companies' long-term prospects. So little attention should be paid to them. For example, companies often deliberately reduce current earnings by investing in the future of their businesses; thus, low reported earnings can imply high future earnings, not continued low earnings. To know the difference, you have to have an in-depth understanding of the company.No one should be fooled into thinking security pricing is a dependable process that accurately follows a set of rules. Events are unpredictable; they can be altered by unpredictable influences, and investors' reactions to the events that occur are unpredictable. Due to the presence of so much uncertainty, most investors are unable to improve their results by focusing on the short term.It's clear from observation that security prices fluctuate much more than economic output or company profits. What accounts for this? It must be the fact that, in the short term, the ups and downs of prices are influenced far more by swings in investor psychology than by changes in companies' long-term prospects. Because swings in psychology matter more in the near term than changes in fundamentals - and are so hard to predict - most short-term trading is a waste of time... or worse.What Doesn't Matter: The Trading MentalityOver the years, my memos have often included some of my father's jokes from the 1950s, based on my strong belief that humor often reflects truths about the human condition. Given its relevance here, I'm going to devote a bit of space to a joke I've shared before:I include this old joke because I believe most people treat stocks and bonds like something to trade, not something to own.If you ask Warren Buffett to describe the foundation of his approach to investing, he'll probably start by insisting that stocks should be thought of as ownership interests in companies. Most people don't start companies with the goal of selling them in the short term, but rather they seek to operate them, enjoy profitability, and expand the business. Of course, founders do these things to ultimately make money, but they're likely to view the money as the byproduct of having run a successful business. Buffett says people who buy stocks should think of themselves as partners of owners with whom they share goals.But I think that's rarely the case. Most people buy stocks with the goal of selling them at a higher price, thinking they're for trading, not for owning. This means they abandon the owner mentality and instead act like gamblers or speculators who bet on stock price moves. The results are often unpleasant.The DALBAR Institute 2012 study showed that investors receive three percentage points less per year than the S&P 500 generated from 1992 to 2012, and the average holding period for a typical investor is six months. Six Months!! When you hold a stock for less than a year, you are not using the stock market to acquire business ownership positions and participate in the growth of that business. Instead, you are just guessing at short-term news and expectations, and your returns are based on how other people react to that news information. In aggregate, that kind of attitude gets you three percentage points less per year than you'd get from doing nothing at all beyond making the initial investment in the index fund of the S&P 500. (\"Fidelity's Best Investors Are Dead,\" The Conservative Income Investor, April 8, 2020)To me, buying for a short-term trade equates to forgetting about your sports team's chances of winning the championship and instead betting on who's going to succeed in the next play, period, or inning.Let's think about the logic. You buy a stock because you think it's worth more than you have to pay for it, whereas the seller considers it fully priced. Someday, if things go well, it'll become fully priced, in your opinion, meaning you'll sell it. The person you sell it to, however, will buy it because he thinks it's worth still more. We used to talk about this process as being reliant on the Greater Fool Theory: No matter what price I pay for a stock, there will always be someone who will buy it from me for more, despite the fact that I'm selling because I've concluded that it has reached full value.Every buyer is motivated by the belief that the stock will eventually be worth more than today's price (a view the seller presumably doesn't share). The key question is what type of thinking underlies these purchases. Are the buyers buying because this is a company they'd like to own a piece of for years? Or are they merely betting that the price will go up? The transactions may look the same from the outside, but I wonder about the thought process and thus the soundness of the logic.Each time a stock is traded, one side is wrong and one is right. But if what you're doing is betting on trends in popularity, and thus the direction of price moves over the next month, quarter, or year, is it realistic to believe you'll be right more often than the person on the other side of the trade? Maybe the decline of active management can be attributed to the many active managers who placed bets on the direction of stock prices in the short term, instead of picking companies they wanted to own part of for years. It's all a matter of the underlying mentality.I had a long debate on this topic with my father back in 1969, when I lived with him during my first months at First National City Bank. (It's amazing for me to think back to those days; he was so much younger than I am today.) I told him I thought buying a stock should be motivated by something other than the hope that the price would rise, and I suggested this might be the expectation that dividends would increase over time. He countered that no one buys stocks for the dividends - they buy because they think the price will go up. But what would trigger the rise?Wanting to own a business for its commercial merit and long-term earnings potential is a good reason to be a stockholder, and if these expectations are borne out, a good reason to believe the stock price will rise. In the absence of that, buying in the hope of appreciation merely amounts to trying to guess which industries and companies investors will favor in the future. Ben Graham famously said, \"In the short run, a market is a voting machine, but in the long run, it is a weighing machine.\" While none of this is easy, as Charlie Munger once told me, carefully weighing long-term merit should produce better results than trying to guess at short-term swings in popularity.What Doesn't Matter: Short-Term PerformanceGiven the possible contributors to short-term investment performance, reported results can present a highly misleading picture, and here I'm talking mostly about superior gains in good times. I feel there are three ingredients for success during good times - aggressiveness, timing, and skill - and if you have enough aggressiveness at the right time, you don't need that much skill. We all know that in good times, the highest returns often go to the person whose portfolio incorporates the most risk, beta, and correlation. Having such a portfolio isn't a mark of distinction or insight if the investor is a perma-bull who's always positioned aggressively. Finally, random events can have an overwhelming impact on returns - in either direction - in a given quarter or year.One of the recurring themes in my memos is the idea that the quality of a decision cannot be determined by the outcome alone. Decisions often lead to negative outcomes even when they're well-reasoned and based on all the available information. On the other hand, we all know people - even occasionally ourselves - who've been right for the wrong reason. Hidden information and random developments can frustrate even the best thinkers' decisions. (However, when outcomes are considered over a long period of time and a large number of trials, the better decision maker is overwhelmingly likely to have a higher proportion of successes.)Obviously, no one should attach much significance to returns in one quarter or year. Investment performance is simply one result drawn from the full range of returns that could have materialized, and in the short term, it can be heavily influenced by random events. Thus, a single quarter's return is likely to be a very weak indicator of an investor's ability, if that. Deciding whether a manager has a special skill - or whether an asset allocation is appropriate for the long run - on the basis of one quarter or year is like forming an opinion of a baseball player on the basis of one trip to the plate, or of a racehorse based on one race.We know short-term performance doesn't matter much. And yet, most of the investment committees I've sat on have had the latest quarter's performance as the first item on the agenda and devoted a meaningful portion of each meeting to it. The discussion is usually extensive, but it rarely leads to significant action. So why do we keep doing it? For the same reasons investors pay attention to forecasting, as described in The Illusion of Knowledge: \"everyone does it,\" and \"it would be irresponsible not to.\"What Doesn't Matter: VolatilityI haven't written much about volatility, other than to say I strongly disagree with people who consider it the definition or essence of risk. I've described my belief that the academics who developed the Chicago School theory of investment in the early 1960s (A) wanted to examine the relationship between investment returns and risk, (B) needed a number quantifying risk that they could put into their calculations, and (C) undoubtedly chose volatility as a proxy for risk for the simple reason that it was the only quantifiable metric available. I define risk as the probability of a bad outcome, and volatility is, at best, an indicator of the presence of risk. But volatility is not risk. That's all I'm going to say on that subject.What I want to talk about here is the extent to which thinking and caring about volatility has warped the investing world over the 50-plus years that I've been in it. It was a great advantage for me to have attended the Graduate School of Business at the University of Chicago in the late '60s and to have been part of one of the very first classes that taught new theories. I learned about the efficient market hypothesis, the capital asset pricing model, the random walk, the importance of risk aversion, and the role of volatility as risk. While volatility wasn't a topic of conversation when I got into the real world of investing in 1969, the practice soon caught up with the theory.In particular, the Sharpe ratio was adopted as the measure of risk-adjusted return. It's the ratio of a portfolio's excess return (the part of its return that exceeds the yield on T-bills) to its volatility. The more return per unit of volatility, the higher the risk-adjusted return. Risk adjustment is an essential concept, and returns should absolutely be evaluated relative to the risk that was taken to achieve them. Everyone cites Sharpe ratios, including Oaktree, because it's the only quantitative tool available for the job. (If investors, consultants, and clients didn't use the Sharpe ratio, they'd have no metric at all, and if they tried to substitute fundamental riskiness for volatility in their assessments, they'd find that there's no way to quantify it.) The Sharpe ratio may hint at risk-adjusted performance in the same way that volatility hints at risk, but since volatility isn't risk, the Sharpe ratio is a very imperfect measure.Take, for example, one of the asset classes I started working with in 1978: high-yield bonds. At Oaktree, we think moderately-above-benchmark returns can be produced with substantially less risk than the benchmark, and this shows up in superior Sharpe ratios. But the real risk in high-yield bonds - the one we care about and have a history of reducing - is the risk of default. We don't much care about reducing volatility, and we don't take conscious steps to do so. We believe high Sharpe ratios can result from - and perhaps are correlated with - the actions we take to reduce defaults.Volatility is particularly irrelevant in our of fixed income or \"credit.\" Bonds, notes, and loans represent contractual promises of periodic interest and repayment at maturity. Most of the time when you buy a bond with an 8% yield, you'll basically get the 8% yield over its life, regardless of whether the bond price goes up or down in the interim. I say \"basically\" because, if the price falls, you'll have the opportunity to reinvest the interest payments at yields above 8%, so your holding-period return will creep up. Thus, the downward price volatility that so many revile is actually a good thing - as long as it doesn't presage defaults. (Note that, as indicated in this paragraph, \"volatility\" is often a misnomer. Strategists and the media often warn that \"there may be volatility ahead.\" What they really mean is \"there may be price declines ahead.\" No one worries about, or minds experiencing, volatility to the upside.)It's essential to recognize that protection from volatility generally isn't a free good. Reducing volatility for its own sake is a sub-optimizing strategy: It should be presumed that favoring lower-volatility assets and approaches will - all things being equal - lead to lower returns. Only managers with superior skill, or alpha (see page 11), will be able to overcome this negative presumption and reduce return less than they reduce volatility.Nevertheless, since many clients, bosses, and other constituents are uncomfortable with radical ups and downs (well, mostly with downs), asset managers often take steps to reduce volatility. Consider what happened after institutional investors began to pile into hedge funds following the three-year decline of stocks brought on by the bursting of the tech bubble in 2000. (This was the first three-year decline since 1939-41.) Hedge funds - previously members of a cottage industry where most funds had a few hundred million dollars of capital from wealthy individuals - did much better than stocks in the downdraft. Institutions were attracted to these funds' low volatility, and thus invested billions in them.The average hedge fund delivered the stability the institutions wanted. But somewhere in the shuffle, the idea of earning high returns with low volatility got lost. Instead, hedge fund managers pursued low volatility as a goal in itself, since they knew it was what the institutions were after. As a result, over roughly the last 18 years, the average hedge fund delivered the low volatility that was desired, but it was accompanied by modest single-digit returns. No miracle there.Why do I recite all this? Because volatility is just a temporary phenomenon (assuming you survive it financially), and most investors shouldn't attach as much importance to it as they seem to. As I wrote in I Beg to Differ, many investors have the luxury of being able to focus exclusively on the long term... if they will take advantage of it. Volatility should be less of a concern for investors:whose entities are long-lived, like life insurance companies, endowments, and pension funds;whose capital isn't subject to lump-sum withdrawal;whose essential activities won't be jeopardized by downward fluctuations;who don't have to worry about being forced into mistakes by their constituents; andwho hasn't levered up with debt that might have to be repaid in the short run?Most investors lack some of these things, and few have them all. But to the extent these characteristics are present, investors should take advantage of their ability to withstand volatility, since many investments with the potential for high returns might be susceptible to substantial fluctuations.Warren Buffett always puts it best, and on this topic, he usefully said, \"We prefer a lumpy 15% return to a smooth 12% return.\" Investors who'd rather have the reverse - who find a smooth 12% preferable to a lumpy 15% - should ask themselves whether their aversion to volatility is mostly financial or mostly emotional.Of course, the choices made by employees, investment committee members, and hired investment managers may have to reflect real-world considerations. People in charge of institutional portfolios can have valid reasons for avoiding ups and downs that their organizations or clients might be able to stomach in financial terms but would still find unpleasant. All anyone can do is the best they can under their particular circumstances. But my bottom line is this: In many cases, people accord volatility far more important than they should.An AsideWhile I'm on the subject of volatility, I want to turn to an area that hasn't reported much of it of late: private investment funds. The first nine months of 2022 constituted one of the worst periods on record for both stocks and bonds. Yet, many private equities and private debt funds are reporting only small losses for the year to date. I'm often asked what this means, and whether it reflects reality.Maybe the performance of private funds is being reported accurately. (I know we believe ours is.) But I recently came across an interesting Financial Times article provocatively titled, \"The volatility laundering, return manipulation and 'phoney happiness' of private equity,\" by Robin Wigglesworth. Here's some of its content:The widening performance gap between public and private markets is a huge topic these days. Investors have often seen as the gormless [foolish] dupes falling for the \"return manipulation\" of cunning private equity tycoons. But what if they are co-conspirators?...That's what a new paper from three academics at the University of Florida argues. Based on nearly two decades worth of private equity real estate funds data, Blake Jackson, David Ling, and Andy Naranjo conclude that \"private equity fund managers manipulate returns to cater to their investors.\"...Jackson, Ling, and Naranjo's... central conclusion is that \"GPs do not appear to manipulate interim returns to fool their LPs, but rather because their LPs want them to do so\".Similar to the idea that banks design financial products to cater to yield-seeking investors or firms issue dividends to cater to investor demand for dividend payments, we argue that PE fund managers boost interim performance reports to cater to some investors' demand for manipulated returns....If a GP boosts or smooths returns,...investment managers within LP organizations can report artificially higher Sharpe ratios, alphas, and top-line returns, such as IRRs, to their trustees or other overseers. In doing so, these investment managers, whose median tenure of four years often expires years before the ultimate returns of a PE fund are realized, might improve their internal job security or potential labor market outcomes...This probably helps explain why private equity firms on average actually reported gains of 1.6 percent in the first quarter of 2022 and only some modest marks downwards since then, despite global equities losing 22 percent of their value this year. (November 2, 2022. Emphasis added)If both GPs and LPs are happy with returns that seem unusually good, might the result be suspect? Is the performance of private assets being stated accurately? Is the low volatility being reported genuine? If the current business climate is challenging, shouldn't that affect the prices of public and private investments alike?But there's another series of relevant questions: Mightn't it be fair for GPs to decline to mark down private investments in companies that have experienced short-term weakness but whose long-term prospects remain bright? And while private investments might not have been marked down enough this year, isn't it true that the prices of public securities are more volatile than they should be, overstating the changes in long-term value? I certainly think public security prices reflect psychological swings that are often excessive. Should the prices of private investments emulate this?As with most things, any inaccuracy in reporting will eventually come to light. Eventually, private debt will mature, and private equity holdings will have to be sold. If the returns being reported this year understate the real declines in value, performance from here on out will likely look surprisingly poor. And I'm sure this will lead plenty of academics (and maybe a few regulators) to question whether the pricing of private investments in 2022 was too high. We'll see.What Doesn't Matter: Hyper-ActivityIn Selling Out (January 2022), I expressed my strong view that most investors trade too much. Since it's hard to make multiple consecutive decisions correctly, and trading costs money and is often likely to result from an investor's emotional swings, it's better to do less of it.When I was a boy, there was a popular saying: Don't just sit there; do something. But for investing, I'd invert it: Don't just do something; sit there. Develop the mindset that you don't make money on what you buy and sell; you make money (hopefully) on what you hold. Think more. Trade less. Make fewer, but more consequential, trades. Over-diversification reduces the importance of each trade; thus it can allow investors to take actions without adequate investigation or great conviction. I think most portfolios are over-diversified and over-traded.I devoted a good portion of The Illusion of Knowledge and Selling Out to warn investors about how difficult it is to improve returns through short-term market timing, and I quoted the great investor Bill Miller: \"Time, not timing, is key to building wealth in the stock market.\"On this subject, I was recently asked by a consultant, \"If you don't try to get in and out of the market as appropriate, how do you earn your fees?\" My answer was that it's our job to assemble portfolios that will perform well over the long run, and market timing is unlikely to add to the outcome unless it can be done well, which I'm not convinced is usually the case. \"What about you?\" I asked. \"If you help a client establish an appropriate asset allocation, does it follow that you're not earning your fees if you don't change it a month later?\"Likewise, the day The Illusion of Knowledge came out, an old friend asked me, \"But you have to take a position [on short-run events], don't you?\" My answer, predictably, was, \"No, not if you don't have an advantage when doing so. Why would you bet on the outcome of a coin toss, especially if it costs money to play?\"I'll end my discussion of this subject with a wonderful citation:A news item that has gotten a lot of attention recently concerned an internal performance review of Fidelity accounts to determine which type of investors received the best returns between 2003 and 2013. The customer account audit revealed that the best investors were either dead or inactive - the people who switched jobs and \"forgot\" about an old 401(K) leaving the current options in place, or the people who died and the assets were frozen while the estate handled the assets. (\"Fidelity's Best Investors Are Dead,\" The Conservative Income Investor, April 8, 2020)Since the journalists have been unable to find the Fidelity study, and apparently so has Fidelity, the story is probably apocryphal. But I still like the idea, since the conclusion is so much in line with my thinking. I'm not saying it's worth dying to improve investment performance, but it might be a good idea for investors to simulate that condition by sitting on their hands.So What Does Matter?What really matters is the performance of your holdings over the next five or ten years (or more) and how the value at the end of the period compares to the amount you invested and to your needs. Some people say the long run is a series of short runs, and if you get those right, you'll enjoy success in the long run. They might think the route to success consists of trading often in order to capitalize on relative value assessments, predictions regarding swings in popularity, and forecasts of macro events. I obviously do not.Most individual investors and anyone who understands the limitations regarding outperformance would probably be best off holding index funds over the long run. Investment professionals and others who feel they need or want to engage in active management might benefit from the following suggestions.I think most people would be more successful if they focused less on the short-run or macro trends and instead worked hard to gain superior insight concerning the outlook for fundamentals over multi-year periods in the future. They should:study companies and securities, assessing things such as their earnings potential;buy the ones that can be purchased at attractive prices relative to their potential;hold onto them as long as the company's earnings outlook and the attractiveness of the price remain intact; andmake changes only when those things can't be reconfirmed, or when something better comes along.At the London conference mentioned on page one - while I was discussing (and discouraging) paying attention to the short run - I said that at Oaktree we consider it our job to (A) buy debt that will be serviced as promised (or will return the same amount or more if not) and (B) invest in companies that will become more valuable over time. I'll stick with that.The above description of the investor's job is quite simple... some might say simplistic. And it is. Setting out the goals and the process in broad terms is easy. The hard part is executing better than most people: That's the only route to market-beating performance. Since average decision-making is reflected in security prices and produces average performance, superior results have to be based on superior insight. But I can't tell you how to do these things better than the average investor.There's a lot more to the process, and I'm going to outline some of what I think are key elements to remember. You'll recognize recurring themes here, from other memos, and from earlier pages in this one, but I make no apology for dwelling on things that are important:Forget the short run - only the long run matters. Think of securities as interests in companies, not trading cards.Decide whether you believe in market efficiency. If so, is your market sufficiently inefficient to permit outperformance, and are you up to the task of exploiting it?Decide whether your approach will lean more toward aggressiveness or defensiveness. Will you try to find more and bigger winners or focus on avoiding losers, or both? Will you try to make more on the way up or lose less on the down, or both? (Hint: \"both\" is much harder to achieve than one or the other.) In general, people's investment styles should fit their personalities.Think about what your normal risk posture should be - your normal balance between aggressiveness and defensiveness - based on your or your clients' financial position, needs, aspirations, and ability to live with fluctuations. Consider whether you'll vary your balance depending on what happens in the market.Adopt a healthy attitude toward return and risk. Understand that \"the more return potential, the better\" can be a dangerous rule to follow given that increased return potential is usually accompanied by increased risk. On the other hand, completely avoiding risk usually leads to avoiding return as well.Insist on an adequate margin of safety, or the ability to weather periods when things go less well than you expected.Stop trying to predict the macro; study the micro like mad in order to know your subject better than others. Understand that you can expect to succeed only if you have a knowledge advantage, and be realistic about whether you have it or not. Recognize that trying harder isn't enough. Accept my son Andrew's view that merely possessing \"readily available quantitative information regarding the present\" won't give you above-average results, since everyone else has it.Recognize that psychology swings much more than fundamentals, and usually in the wrong direction or at the wrong time. Understand the importance of resisting those swings. Profit if you can by being counter-cyclical and contrarian.Study conditions in the investment environment - especially investor behavior - and consider where things stand in terms of the cycle. Understand that where the market stands in its cycle will strongly influence whether the odds are in your favor or against you.Buy debt when you like the yield, not for trading purposes. In other words, buy 9% bonds if you think the yield compensates you for the risk, and you'll be happy with 9%. Don't buy 9% bonds expecting to make 11% thanks to price appreciation resulting from declining interest rates.Of critical importance, equity investors should make their primary goals (A) participating in the secular growth of economies and companies and (B) benefiting from the wonder of compounding. Think about the 10.5% yearly return of the S&P 500 Index (or its predecessors) since 1926 and the fact that this would have turned $1 into over $13,000 by now, even though the period witnessed 16 recessions, one Great Depression, several wars, one World War, a global pandemic, and many instances of geopolitical turmoil.Think of participating in the long-term performance of the average as the main event and the active efforts to improve on it as \"embroidery around the edges.\" This might be the reverse of most active investors' attitudes. Improving results through over- and underweighting, short-term trading, market timing, and other active measures aren't easy. Believing you can do these things successfully requires the assumption that you're smarter than a bunch of very smart people. Think twice before proceeding, as the requirements for success are high (see below).Don't mess it up by over-trading. Think of buying and selling as an expense item, not a profit center. I love the idea of the automated factory of the future, with one man and one dog; The dog's job is to keep the man from touching the machinery, and the man's job is to feed the dog. Investors should find a way to keep their hands off their portfolios most of the time.A Special Word in Closing: Asymmetry\"Asymmetry\" is a concept I've been conscious of for decades and consider more important with every passing year. It's my word for the essence of investment excellence and a standard against which investors should be measured.First, some definitions:I'm going to talk below about whether an investor has \"alpha.\" Alpha is technically defined as a return in excess of the benchmark return, but I prefer to think of it as a superior investing skill. It's the ability to find and exploit inefficiencies when they're present.Inefficiencies - mispricings or mistakes - represent instances when an asset's price diverges from its fair value. These divergences can show up as bargains or the opposite, over-pricings.Bargains will dependably perform better than other investments over time after adjustment for their riskiness. Over-pricings will do the opposite.\"Beta\" is an investor's or a portfolio's relative volatility, also described as relative sensitivity or systematic risk.People who believe in the efficient market hypothesis think of a portfolio's return as the product of the market's return multiplied by the portfolio's beta. This is all it takes to explain results since there are no mispricings to take advantage of in an efficient market (and so no such thing as alpha). Thus, alpha is a skill that enables an investor to produce performance better than that which is explained purely by market return and beta. Another way to say this is that having alpha allows an investor to enjoy profit potential that is disproportionate to loss potential: asymmetry. In my view, asymmetry is present when an investor can repeatedly do some or all of the following:make more money in good markets than he gives back in bad markets,have more winners than losers,make more money on his winners than he loses on his losers,do well when his aggressive or defensive bias proves timely but not badly when it doesn't,do well when his sector or strategy is in favor but not badly when it isn't, andconstruct portfolios so that most of the surprises are on the upside.For example, most of us have an inherent bias toward either aggressiveness or defensiveness. For this reason, it doesn't mean much if an aggressive investor outperforms in a good year or a defensive investor outperforms in a bad year. To determine whether they have alpha and produce asymmetry, we have to consider whether the aggressive investor is able to avoid the full loss that his aggressiveness alone would produce in a bad market and whether the defensive investor can avoid missing out on too much of the gain when the market does well. In my opinion, \"excellence\" lies in the asymmetry between the results in good and bad times.As I see it, if inefficiencies are present in an investor's market, and she has alpha, the impact will show up in asymmetrical returns. If her returns show no asymmetry, the investor doesn't have alpha (or perhaps there are no inefficiencies for her to identify). Flipping that over, if an investor doesn't have alpha, her returns won't be asymmetrical. It's as simple as that.To simplify, here's what I think about asymmetry. This discussion is based on material I included in my 2018 book Mastering the Market Cycle:Getting the Odds on Your Side. While I may appear to be talking about one good year and one bad one, these observations can only be considered valid if these patterns hold over a meaningful number of years.Let's consider a manager's performance:Market performance+10%-10%Manager A+10%-10%The above manager clearly adds no value. You might as well invest in an index fund (probably at a much lower fee).These two managers also add no value:Market performance+10%-10%Manager B+5%-5%Manager C+20%-20%Manager B is just a no-alpha manager with a beta of 0.5, and manager C is a no-alpha manager with a beta of 2.0. You could get the same results as manager B by putting half your capital in an index fund and keeping the rest under your mattress and in the case of manager C, by doubling your investment with borrowed capital and putting it all in an index fund.These two managers, however, do have alpha, as they exhibit asymmetry:Market performance+10%-10%Manager D+17%-12%Manager E+9%-3%Both managers' returns reflect more of the market's gain in good times than they do its loss in bad ones. Manager D might be described as an aggressive manager with alpha; she achieves 170% of the market's return when the market rises but suffers only 120% of the loss when it falls. Manager E is a defensive manager with alpha; his returns reflect 90% of the gain in an up market but only 30% of the loss in a down market. These asymmetries can only be attributed to the presence of alpha. Risk-tolerant clients will prefer to invest in D, and risk-averse ones will prefer E.This manager is truly exceptional:Market performance+10%-10%Manager F+20%-5%She beat the market in both directions: She's up more than the market when it rises and down less when it falls. She's up so much in a good market that you might be tempted to describe her as aggressive. But since she's down less in a down market, that description won't hold. Either she doesn't have a bias in terms of aggressiveness versus defensiveness, or her alpha is great enough to offset it.Finally, here's one of the greatest managers of all time:Market performance+10%-10%Manager G+20%+5%Manager G is up in good and bad markets alike. He clearly doesn't have an aggressiveness/defensiveness bias, since his performance is exceptional in both markets. His alpha is sufficient to enable him to buck the trend and achieve a positive return in a down year. When you find Manager G, you should (A) do extensive due diligence regarding his reported performance, (B) if the numbers hold up, invest a lot of money with him, (C) hope he won't accept so much money that his edge goes away, and (D) send me his number.What matters most? Asymmetry.In sum, asymmetry shows up in a manager's ability to do very well when things go his way and not too bad when they don't.A great adage says, \"Never confuse brains and a bull market.\" Managers with the skill needed to produce asymmetry are special because they're able to fashion good gains from sources other than market advances.When you think about it, the active investment business is, at its heart, completely about asymmetry. If a manager's performance doesn't exceed what can be explained by market returns and his relative risk posture - which stems from his choice of market sector, tactics, and level of aggressiveness - he simply hasn't earned his fees.Without asymmetry (see Managers A, B, and C on page 12), active management delivers no value and deserves no fees. Indeed, all the choices an active investor makes will be for naught if he doesn't possess superior skill or insight. By definition, average investors and below-average investors don't have alpha and can't produce asymmetry.The big question is how to achieve asymmetry. Most of the things people focus on - the things I describe on pages one through nine as not mattering - can't provide it. As I've said before, the average of all investors' thinking produces market prices and, obviously, average performance. Asymmetry can only be demonstrated by the relatively few people with superior skill and insight. The key lies in finding them.Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1880,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9037311778,"gmtCreate":1648027006029,"gmtModify":1676534294561,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"I can never tell when these stocks gonna shoot up haha","listText":"I can never tell when these stocks gonna shoot up haha","text":"I can never tell when these stocks gonna shoot up haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037311778","repostId":"1131336859","repostType":2,"repost":{"id":"1131336859","kind":"news","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":1648022587,"share":"https://ttm.financial/m/news/1131336859?lang=en_US&edition=fundamental","pubTime":"2022-03-23 16:03","market":"us","language":"en","title":"Meme Stocks Surged in Premarket Trading, with Gamestop Rising Nearly 17% and AMC Rising Over 13%","url":"https://stock-news.laohu8.com/highlight/detail?id=1131336859","media":"Tiger Newspress","summary":"Meme stocks surged in premarket trading, with Gamestop rising nearly 17% and AMC rising over 13%.Gam","content":"<html><head></head><body><p>Meme stocks surged in premarket trading, with Gamestop rising nearly 17% and AMC rising over 13%.<img src=\"https://static.tigerbbs.com/bb350945ada557eaf6af790c96cf064f\" tg-width=\"316\" tg-height=\"209\" width=\"100%\" height=\"auto\"/>Gamestop’s chairman Cohen bought another 100,000 shares of GameStop on Tuesday through his investment firm RC Ventures, according to a regulatory filing.</p><p>The billionaire investor now owns a total of 9.10 million GameStop shares, while his stake in the company has increased to 11.9%.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Meme Stocks Surged in Premarket Trading, with Gamestop Rising Nearly 17% and AMC Rising Over 13%</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\">\nMeme Stocks Surged in Premarket Trading, with Gamestop Rising Nearly 17% and AMC Rising Over 13%\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\">2022-03-23 16:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Meme stocks surged in premarket trading, with Gamestop rising nearly 17% and AMC rising over 13%.<img src=\"https://static.tigerbbs.com/bb350945ada557eaf6af790c96cf064f\" tg-width=\"316\" tg-height=\"209\" width=\"100%\" height=\"auto\"/>Gamestop’s chairman Cohen bought another 100,000 shares of GameStop on Tuesday through his investment firm RC Ventures, according to a regulatory filing.</p><p>The billionaire investor now owns a total of 9.10 million GameStop shares, while his stake in the company has increased to 11.9%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站","AMC":"AMC院线"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131336859","content_text":"Meme stocks surged in premarket trading, with Gamestop rising nearly 17% and AMC rising over 13%.Gamestop’s chairman Cohen bought another 100,000 shares of GameStop on Tuesday through his investment firm RC Ventures, according to a regulatory filing.The billionaire investor now owns a total of 9.10 million GameStop shares, while his stake in the company has increased to 11.9%.","news_type":1,"symbols_score_info":{"GME":0.9,"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":686,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4099263395755910","authorId":"4099263395755910","name":"AhBart","avatar":"https://static.itradeup.com/news/5c8a0140b30f2d6c3be37b2ad1a1efe8","crmLevel":12,"crmLevelSwitch":0,"idStr":"4099263395755910","authorIdStr":"4099263395755910"},"content":"Obviously ... but if u can, then u r above God !!!!! 🤣🤣🤣🤣🤣","text":"Obviously ... but if u can, then u r above God !!!!! 🤣🤣🤣🤣🤣","html":"Obviously ... but if u can, then u r above God !!!!! 🤣🤣🤣🤣🤣"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9005723857,"gmtCreate":1642419340971,"gmtModify":1676533709205,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"It will be tougher and tougher to break record, but I believe you can go further Apple!","listText":"It will be tougher and tougher to break record, but I believe you can go further Apple!","text":"It will be tougher and tougher to break record, but I believe you can go further Apple!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9005723857","repostId":"1194893206","repostType":4,"repost":{"id":"1194893206","kind":"news","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":1642411859,"share":"https://ttm.financial/m/news/1194893206?lang=en_US&edition=fundamental","pubTime":"2022-01-17 17:30","market":"us","language":"en","title":"Apple Earnings Are Coming: What to Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=1194893206","media":"Tiger Newspress","summary":"Apple will report its first fiscal quarter of 2022 (fourth calendar quarter) results after market cl","content":"<html><head></head><body><p>Apple will report its first fiscal quarter of 2022 (fourth calendar quarter) results after market close on Thursday, Jan. 27.</p><p>The first quarter earnings call will give us insight into sales of the iPhone 13 models, AirPods 3, M1 Pro and Max MacBooks, and other devices during the holiday quarter that ended in December. Apple CEO Tim Cook last quarter said that supply constraints caused by chip shortages had cost Apple $6 billion, and the chip shortages and supply issues are also expected to impact Apple&#39;s first quarter earnings results.</p><p>Ahead of the earnings report, here&#39;s a close look at some of the areas investors may want to check on.</p><p><b>Revenue growth</b></p><p>Analysts have big expectations for Apple&#39;s top line. On average, they expect revenue of $118 billion for the quarter. Though this only represents about 6% year-over-year growth, it&#39;s a bullish forecast when you put it into context. First, consider the tough comparison Apple is up against. Revenue in the year-ago period rose 29% year over year. Second, supply constraints and logistical challenges in the company&#39;s most recently reported quarter were so great that management opted to refrain from providing specific revenue guidance for fiscal Q1, coinciding with the fourth calendar quarter. In addition, Apple management said it expected the pain from supply challenges to persist in fiscal Q1.</p><p>&#34;We estimate the impact from supply constraints will be larger during the December quarter,&#34; management said in the company&#39;s fiscal fourth-quarter earnings call.</p><p>But if Apple does a good job of mitigating supply chain challenges, the December quarter could be quite impressive; management said Apple was seeing &#34;high demand&#34; for its products. In addition, management said it expects &#34;revenue for each product category to grow on a year-over-year basis, except for iPad, which we expect to decline year over year due to supply constraints.&#34;</p><p><b>Earnings per share</b></p><p>Analysts expect Apple&#39;s earnings per share to grow even faster than revenue. On average, analysts are modeling for earnings per share of $1.88, representing year-over-year growth of 12%.</p><p>Apple&#39;s earnings per share typically grow faster than its revenue because of the company&#39;s aggressive share repurchases. By reducing total share count over time, Apple&#39;s net income is spread across a shrinking number of shares, contributing to earnings-per-share growth.</p><p><b>Revenue guidance</b></p><p>Another important metric investors will probably look to is management&#39;s guidance for its fiscal second-quarter revenue. Currently, analysts seem to have a very conservative view for the quarter, with the consensus estimate calling for revenue of $90.4 billion. That&#39;s only slightly above the $89.6 billion of revenue the company reported in the second quarter of fiscal 2021.</p><p>Just as was the case for fiscal Q1, the light revenue forecast stems from Apple&#39;s tough year-ago comparisons and an uncertain operating environment. But it&#39;s possible analysts are being too conservative.</p><p>Overall, supply chain and logistical challenges mean that Apple&#39;s upcoming earnings report is a bit of a wildcard; Apple&#39;s business performance could be anywhere from poor to outstanding relative to analyst estimates. But in order for the company to keep investors excited, Apple will likely have to report revenue, earnings per share, and revenue guidance ahead of analysts&#39; estimates.</p><p><b>Apple Analysts Boost Targets Ahead of Earnings</b></p><p>Analysts continue to crank out bullish notes about Apple‘s outlook ahead of the tech giant’s earnings report.</p><p>Apple had a big run in late 2021, pushing the stock close to the $3 trillion market capitalization level, a milestone no company has previously reached. Bulls think results for the fiscal first quarter ended Dec. 31 could spur the stock to finally eclipse that hurdle.</p><p>Loop Capital Markets analyst Ananda Baruah repeated his Buy rating on Apple shares, lifting his price target to $210, from $165. He believes the company will surpass Street expectations both on iPhone units sold and for average selling prices in fiscal 2022. Apple could post 10% to 15% growth in both iPhone and overall revenue this year, he writes, which would be well ahead of the Street consensus forecast for 4.4% growth.</p><p>Baruah estimates December-quarter iPhone units were in the 84-to-85-million-unit range, above the Street consensus at 81 million. Driven by strong iPhone sales, he’s modeling December-quarter revenue of $122 billion and profits of $1.95 a share, above consensus at $118 billion and $1.88 a share. He also thinks the Street consensus on calendar 2022 iPhone production is too low—he’s expecting 243 million to 245 million, with the Street at 240 million.</p><p>Piper Sandler analyst Harsh Kumar likewise repeated his Overweight rating on Apple shares, while lifting his price target to $200 from $175. “We believe Apple has a favorable set-up for 2022,” he writes in a research note. “We believe iPhone momentum will continue due to 5G adoption, particularly in the United States and China. In addition, we see growth in services and wearables offsetting some of our growth concerns in Mac and iPads.”</p><p>Kumar adds that he sees healthcare and autos as “the next major growth markets for the company.” The move into those markets, he says, should set up the company to expand its valuation to $4 trillion and beyond.</p><p>“We expect the upcoming earnings print for Dec-Q (F1Q) to feature some of the headwinds from the slow supply chain ramp in relation to new products, which will limit the magnitude of upside; although, we expect a modest beat nevertheless, led by better iPhone shipments,” JPMorgan’s Samik Chatterjee said in a note.</p><p>Production disruptions due to Covid outbreaks have impacted companies across industries in the past year, but JPMorgan sees supply recovering for Apple in the fiscal second quarter.</p><p>Improved supply and persistently strong demand should lead to above-seasonal iPhone revenue, JPMorgan said. The firm expects Apple to ship 61 million iPhones in the fiscal second quarter, translating to $49.2 billion of sales.</p><p>While JPMorgan says Apple shares are not cheap relative earnings, the firm believes the company’s positive outlook for the year should keep investors happy.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Earnings Are Coming: What to Watch</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\">\nApple Earnings Are Coming: What to Watch\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\">2022-01-17 17:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Apple will report its first fiscal quarter of 2022 (fourth calendar quarter) results after market close on Thursday, Jan. 27.</p><p>The first quarter earnings call will give us insight into sales of the iPhone 13 models, AirPods 3, M1 Pro and Max MacBooks, and other devices during the holiday quarter that ended in December. Apple CEO Tim Cook last quarter said that supply constraints caused by chip shortages had cost Apple $6 billion, and the chip shortages and supply issues are also expected to impact Apple&#39;s first quarter earnings results.</p><p>Ahead of the earnings report, here&#39;s a close look at some of the areas investors may want to check on.</p><p><b>Revenue growth</b></p><p>Analysts have big expectations for Apple&#39;s top line. On average, they expect revenue of $118 billion for the quarter. Though this only represents about 6% year-over-year growth, it&#39;s a bullish forecast when you put it into context. First, consider the tough comparison Apple is up against. Revenue in the year-ago period rose 29% year over year. Second, supply constraints and logistical challenges in the company&#39;s most recently reported quarter were so great that management opted to refrain from providing specific revenue guidance for fiscal Q1, coinciding with the fourth calendar quarter. In addition, Apple management said it expected the pain from supply challenges to persist in fiscal Q1.</p><p>&#34;We estimate the impact from supply constraints will be larger during the December quarter,&#34; management said in the company&#39;s fiscal fourth-quarter earnings call.</p><p>But if Apple does a good job of mitigating supply chain challenges, the December quarter could be quite impressive; management said Apple was seeing &#34;high demand&#34; for its products. In addition, management said it expects &#34;revenue for each product category to grow on a year-over-year basis, except for iPad, which we expect to decline year over year due to supply constraints.&#34;</p><p><b>Earnings per share</b></p><p>Analysts expect Apple&#39;s earnings per share to grow even faster than revenue. On average, analysts are modeling for earnings per share of $1.88, representing year-over-year growth of 12%.</p><p>Apple&#39;s earnings per share typically grow faster than its revenue because of the company&#39;s aggressive share repurchases. By reducing total share count over time, Apple&#39;s net income is spread across a shrinking number of shares, contributing to earnings-per-share growth.</p><p><b>Revenue guidance</b></p><p>Another important metric investors will probably look to is management&#39;s guidance for its fiscal second-quarter revenue. Currently, analysts seem to have a very conservative view for the quarter, with the consensus estimate calling for revenue of $90.4 billion. That&#39;s only slightly above the $89.6 billion of revenue the company reported in the second quarter of fiscal 2021.</p><p>Just as was the case for fiscal Q1, the light revenue forecast stems from Apple&#39;s tough year-ago comparisons and an uncertain operating environment. But it&#39;s possible analysts are being too conservative.</p><p>Overall, supply chain and logistical challenges mean that Apple&#39;s upcoming earnings report is a bit of a wildcard; Apple&#39;s business performance could be anywhere from poor to outstanding relative to analyst estimates. But in order for the company to keep investors excited, Apple will likely have to report revenue, earnings per share, and revenue guidance ahead of analysts&#39; estimates.</p><p><b>Apple Analysts Boost Targets Ahead of Earnings</b></p><p>Analysts continue to crank out bullish notes about Apple‘s outlook ahead of the tech giant’s earnings report.</p><p>Apple had a big run in late 2021, pushing the stock close to the $3 trillion market capitalization level, a milestone no company has previously reached. Bulls think results for the fiscal first quarter ended Dec. 31 could spur the stock to finally eclipse that hurdle.</p><p>Loop Capital Markets analyst Ananda Baruah repeated his Buy rating on Apple shares, lifting his price target to $210, from $165. He believes the company will surpass Street expectations both on iPhone units sold and for average selling prices in fiscal 2022. Apple could post 10% to 15% growth in both iPhone and overall revenue this year, he writes, which would be well ahead of the Street consensus forecast for 4.4% growth.</p><p>Baruah estimates December-quarter iPhone units were in the 84-to-85-million-unit range, above the Street consensus at 81 million. Driven by strong iPhone sales, he’s modeling December-quarter revenue of $122 billion and profits of $1.95 a share, above consensus at $118 billion and $1.88 a share. He also thinks the Street consensus on calendar 2022 iPhone production is too low—he’s expecting 243 million to 245 million, with the Street at 240 million.</p><p>Piper Sandler analyst Harsh Kumar likewise repeated his Overweight rating on Apple shares, while lifting his price target to $200 from $175. “We believe Apple has a favorable set-up for 2022,” he writes in a research note. “We believe iPhone momentum will continue due to 5G adoption, particularly in the United States and China. In addition, we see growth in services and wearables offsetting some of our growth concerns in Mac and iPads.”</p><p>Kumar adds that he sees healthcare and autos as “the next major growth markets for the company.” The move into those markets, he says, should set up the company to expand its valuation to $4 trillion and beyond.</p><p>“We expect the upcoming earnings print for Dec-Q (F1Q) to feature some of the headwinds from the slow supply chain ramp in relation to new products, which will limit the magnitude of upside; although, we expect a modest beat nevertheless, led by better iPhone shipments,” JPMorgan’s Samik Chatterjee said in a note.</p><p>Production disruptions due to Covid outbreaks have impacted companies across industries in the past year, but JPMorgan sees supply recovering for Apple in the fiscal second quarter.</p><p>Improved supply and persistently strong demand should lead to above-seasonal iPhone revenue, JPMorgan said. The firm expects Apple to ship 61 million iPhones in the fiscal second quarter, translating to $49.2 billion of sales.</p><p>While JPMorgan says Apple shares are not cheap relative earnings, the firm believes the company’s positive outlook for the year should keep investors happy.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194893206","content_text":"Apple will report its first fiscal quarter of 2022 (fourth calendar quarter) results after market close on Thursday, Jan. 27.The first quarter earnings call will give us insight into sales of the iPhone 13 models, AirPods 3, M1 Pro and Max MacBooks, and other devices during the holiday quarter that ended in December. Apple CEO Tim Cook last quarter said that supply constraints caused by chip shortages had cost Apple $6 billion, and the chip shortages and supply issues are also expected to impact Apple's first quarter earnings results.Ahead of the earnings report, here's a close look at some of the areas investors may want to check on.Revenue growthAnalysts have big expectations for Apple's top line. On average, they expect revenue of $118 billion for the quarter. Though this only represents about 6% year-over-year growth, it's a bullish forecast when you put it into context. First, consider the tough comparison Apple is up against. Revenue in the year-ago period rose 29% year over year. Second, supply constraints and logistical challenges in the company's most recently reported quarter were so great that management opted to refrain from providing specific revenue guidance for fiscal Q1, coinciding with the fourth calendar quarter. In addition, Apple management said it expected the pain from supply challenges to persist in fiscal Q1.\"We estimate the impact from supply constraints will be larger during the December quarter,\" management said in the company's fiscal fourth-quarter earnings call.But if Apple does a good job of mitigating supply chain challenges, the December quarter could be quite impressive; management said Apple was seeing \"high demand\" for its products. In addition, management said it expects \"revenue for each product category to grow on a year-over-year basis, except for iPad, which we expect to decline year over year due to supply constraints.\"Earnings per shareAnalysts expect Apple's earnings per share to grow even faster than revenue. On average, analysts are modeling for earnings per share of $1.88, representing year-over-year growth of 12%.Apple's earnings per share typically grow faster than its revenue because of the company's aggressive share repurchases. By reducing total share count over time, Apple's net income is spread across a shrinking number of shares, contributing to earnings-per-share growth.Revenue guidanceAnother important metric investors will probably look to is management's guidance for its fiscal second-quarter revenue. Currently, analysts seem to have a very conservative view for the quarter, with the consensus estimate calling for revenue of $90.4 billion. That's only slightly above the $89.6 billion of revenue the company reported in the second quarter of fiscal 2021.Just as was the case for fiscal Q1, the light revenue forecast stems from Apple's tough year-ago comparisons and an uncertain operating environment. But it's possible analysts are being too conservative.Overall, supply chain and logistical challenges mean that Apple's upcoming earnings report is a bit of a wildcard; Apple's business performance could be anywhere from poor to outstanding relative to analyst estimates. But in order for the company to keep investors excited, Apple will likely have to report revenue, earnings per share, and revenue guidance ahead of analysts' estimates.Apple Analysts Boost Targets Ahead of EarningsAnalysts continue to crank out bullish notes about Apple‘s outlook ahead of the tech giant’s earnings report.Apple had a big run in late 2021, pushing the stock close to the $3 trillion market capitalization level, a milestone no company has previously reached. Bulls think results for the fiscal first quarter ended Dec. 31 could spur the stock to finally eclipse that hurdle.Loop Capital Markets analyst Ananda Baruah repeated his Buy rating on Apple shares, lifting his price target to $210, from $165. He believes the company will surpass Street expectations both on iPhone units sold and for average selling prices in fiscal 2022. Apple could post 10% to 15% growth in both iPhone and overall revenue this year, he writes, which would be well ahead of the Street consensus forecast for 4.4% growth.Baruah estimates December-quarter iPhone units were in the 84-to-85-million-unit range, above the Street consensus at 81 million. Driven by strong iPhone sales, he’s modeling December-quarter revenue of $122 billion and profits of $1.95 a share, above consensus at $118 billion and $1.88 a share. He also thinks the Street consensus on calendar 2022 iPhone production is too low—he’s expecting 243 million to 245 million, with the Street at 240 million.Piper Sandler analyst Harsh Kumar likewise repeated his Overweight rating on Apple shares, while lifting his price target to $200 from $175. “We believe Apple has a favorable set-up for 2022,” he writes in a research note. “We believe iPhone momentum will continue due to 5G adoption, particularly in the United States and China. In addition, we see growth in services and wearables offsetting some of our growth concerns in Mac and iPads.”Kumar adds that he sees healthcare and autos as “the next major growth markets for the company.” The move into those markets, he says, should set up the company to expand its valuation to $4 trillion and beyond.“We expect the upcoming earnings print for Dec-Q (F1Q) to feature some of the headwinds from the slow supply chain ramp in relation to new products, which will limit the magnitude of upside; although, we expect a modest beat nevertheless, led by better iPhone shipments,” JPMorgan’s Samik Chatterjee said in a note.Production disruptions due to Covid outbreaks have impacted companies across industries in the past year, but JPMorgan sees supply recovering for Apple in the fiscal second quarter.Improved supply and persistently strong demand should lead to above-seasonal iPhone revenue, JPMorgan said. The firm expects Apple to ship 61 million iPhones in the fiscal second quarter, translating to $49.2 billion of sales.While JPMorgan says Apple shares are not cheap relative earnings, the firm believes the company’s positive outlook for the year should keep investors happy.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":736,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4102815868703010","authorId":"4102815868703010","name":"mster","avatar":"https://community-static.tradeup.com/news/81a8fe18bd419696551df5320d8db477","crmLevel":13,"crmLevelSwitch":0,"idStr":"4102815868703010","authorIdStr":"4102815868703010"},"content":"At this rate the Market is going, no one is going near their 52 week’s high let alone breaking record high ☹️","text":"At this rate the Market is going, no one is going near their 52 week’s high let alone breaking record high ☹️","html":"At this rate the Market is going, no one is going near their 52 week’s high let alone breaking record high ☹️"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9004320164,"gmtCreate":1642512709039,"gmtModify":1676533717220,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"Wow! Microsoft big move into gaming.","listText":"Wow! Microsoft big move into gaming.","text":"Wow! Microsoft big move into gaming.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004320164","repostId":"1149966362","repostType":2,"repost":{"id":"1149966362","kind":"news","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":1642512559,"share":"https://ttm.financial/m/news/1149966362?lang=en_US&edition=fundamental","pubTime":"2022-01-18 21:29","market":"us","language":"en","title":"Microsoft to acquire Activision Blizzard in all-cash deal valued at $68.7 bln","url":"https://stock-news.laohu8.com/highlight/detail?id=1149966362","media":"Tiger Newspress","summary":"Today, Microsoft Corp. announced plans to acquire Activision Blizzard Inc., a leader in game develop","content":"<html><head></head><body><p>Today, Microsoft Corp. announced plans to acquire Activision Blizzard Inc., a leader in game development and interactive entertainment content publisher. This acquisition will accelerate the growth in Microsoft’s gaming business across mobile, PC, console and cloud and will provide building blocks for the metaverse.</p><p>Microsoft will acquire Activision Blizzard for $95.00 per share, in an all-cash transaction valued at $68.7 billion, inclusive of Activision Blizzard’s net cash. When the transaction closes, Microsoft will become the world’s third-largest gaming company by revenue, behind Tencent and Sony. The planned acquisition includes iconic franchises from the Activision, Blizzard and King studios like “Warcraft,” “Diablo,” “Overwatch,” “Call of Duty” and “Candy Crush,” in addition to global eSports activities through Major League Gaming. The company has studios around the word with nearly 10,000 employees.</p><p>Bobby Kotick will continue to serve as CEO of Activision Blizzard, and he and his team will maintain their focus on driving efforts to further strengthen the company’s culture and accelerate business growth. Once the deal closes, the Activision Blizzard business will report to Phil Spencer, CEO, Microsoft Gaming.</p><p>The acquisition also bolsters Microsoft’s Game Pass portfolio with plans to launch Activision Blizzard games into Game Pass, which has reached a new milestone of over 25 million subscribers. With Activision Blizzard’s nearly 400 million monthly active players in 190 countries and three billion-dollar franchises, this acquisition will make Game Pass one of the most compelling and diverse lineups of gaming content in the industry. Upon close, Microsoft will have 30 internal game development studios, along with additional publishing and esports production capabilities.</p><p>The transaction is subject to customary closing conditions and completion of regulatory review and Activision Blizzard’s shareholder approval. The deal is expected to close in fiscal year 2023 and will be accretive to non-GAAP earnings per share upon close. The transaction has been approved by the boards of directors of both Microsoft and Activision Blizzard.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft to acquire Activision Blizzard in all-cash deal valued at $68.7 bln</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\">\nMicrosoft to acquire Activision Blizzard in all-cash deal valued at $68.7 bln\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\">2022-01-18 21:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Today, Microsoft Corp. announced plans to acquire Activision Blizzard Inc., a leader in game development and interactive entertainment content publisher. This acquisition will accelerate the growth in Microsoft’s gaming business across mobile, PC, console and cloud and will provide building blocks for the metaverse.</p><p>Microsoft will acquire Activision Blizzard for $95.00 per share, in an all-cash transaction valued at $68.7 billion, inclusive of Activision Blizzard’s net cash. When the transaction closes, Microsoft will become the world’s third-largest gaming company by revenue, behind Tencent and Sony. The planned acquisition includes iconic franchises from the Activision, Blizzard and King studios like “Warcraft,” “Diablo,” “Overwatch,” “Call of Duty” and “Candy Crush,” in addition to global eSports activities through Major League Gaming. The company has studios around the word with nearly 10,000 employees.</p><p>Bobby Kotick will continue to serve as CEO of Activision Blizzard, and he and his team will maintain their focus on driving efforts to further strengthen the company’s culture and accelerate business growth. Once the deal closes, the Activision Blizzard business will report to Phil Spencer, CEO, Microsoft Gaming.</p><p>The acquisition also bolsters Microsoft’s Game Pass portfolio with plans to launch Activision Blizzard games into Game Pass, which has reached a new milestone of over 25 million subscribers. With Activision Blizzard’s nearly 400 million monthly active players in 190 countries and three billion-dollar franchises, this acquisition will make Game Pass one of the most compelling and diverse lineups of gaming content in the industry. Upon close, Microsoft will have 30 internal game development studios, along with additional publishing and esports production capabilities.</p><p>The transaction is subject to customary closing conditions and completion of regulatory review and Activision Blizzard’s shareholder approval. The deal is expected to close in fiscal year 2023 and will be accretive to non-GAAP earnings per share upon close. The transaction has been approved by the boards of directors of both Microsoft and Activision Blizzard.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ATVI":"动视暴雪","MSFT":"微软"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149966362","content_text":"Today, Microsoft Corp. announced plans to acquire Activision Blizzard Inc., a leader in game development and interactive entertainment content publisher. This acquisition will accelerate the growth in Microsoft’s gaming business across mobile, PC, console and cloud and will provide building blocks for the metaverse.Microsoft will acquire Activision Blizzard for $95.00 per share, in an all-cash transaction valued at $68.7 billion, inclusive of Activision Blizzard’s net cash. When the transaction closes, Microsoft will become the world’s third-largest gaming company by revenue, behind Tencent and Sony. The planned acquisition includes iconic franchises from the Activision, Blizzard and King studios like “Warcraft,” “Diablo,” “Overwatch,” “Call of Duty” and “Candy Crush,” in addition to global eSports activities through Major League Gaming. The company has studios around the word with nearly 10,000 employees.Bobby Kotick will continue to serve as CEO of Activision Blizzard, and he and his team will maintain their focus on driving efforts to further strengthen the company’s culture and accelerate business growth. Once the deal closes, the Activision Blizzard business will report to Phil Spencer, CEO, Microsoft Gaming.The acquisition also bolsters Microsoft’s Game Pass portfolio with plans to launch Activision Blizzard games into Game Pass, which has reached a new milestone of over 25 million subscribers. With Activision Blizzard’s nearly 400 million monthly active players in 190 countries and three billion-dollar franchises, this acquisition will make Game Pass one of the most compelling and diverse lineups of gaming content in the industry. Upon close, Microsoft will have 30 internal game development studios, along with additional publishing and esports production capabilities.The transaction is subject to customary closing conditions and completion of regulatory review and Activision Blizzard’s shareholder approval. The deal is expected to close in fiscal year 2023 and will be accretive to non-GAAP earnings per share upon close. The transaction has been approved by the boards of directors of both Microsoft and Activision Blizzard.","news_type":1,"symbols_score_info":{"ATVI":0.9,"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":1074,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9068131330,"gmtCreate":1651731211075,"gmtModify":1676534958380,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"Nvidia 's income stream is extremely solid. No one is gonna suddenly pop up and snatch the gaming and crypto mining chip business.[Duh]&nbsp;","listText":"Nvidia 's income stream is extremely solid. No one is gonna suddenly pop up and snatch the gaming and crypto mining chip business.[Duh]&nbsp;","text":"Nvidia 's income stream is extremely solid. No one is gonna suddenly pop up and snatch the gaming and crypto mining chip business.[Duh]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9068131330","repostId":"1180073890","repostType":2,"repost":{"id":"1180073890","kind":"news","pubTimestamp":1651719811,"share":"https://ttm.financial/m/news/1180073890?lang=en_US&edition=fundamental","pubTime":"2022-05-05 11:03","market":"us","language":"en","title":"Nvidia Stock: Headwinds Priced In - Buy On Weakness","url":"https://stock-news.laohu8.com/highlight/detail?id=1180073890","media":"Seeking Alpha","summary":"SummaryGiven declining price trends in GPUs and crypto-mining weakness, much fear has been stoked ov","content":"<html><head></head><body><p>Summary</p><ul><li>Given declining price trends in GPUs and crypto-mining weakness, much fear has been stoked over NVIDIA&#39;s gaming segment. But, AMD&#39;s Q1 results yesterday assuaged investors&#39; fears.</li><li>We are also optimistic over NVIDIA&#39;s upcoming RTX-40 series Ada Lovelace launch, reportedly this fall. The refresh should help drive momentum for GPU prices, with improved chip supply in H2.</li><li>We are also confident that NVIDIA could announce new design wins for its automotive segment. Qualcomm highlighted a marked increase in its automotive pipeline in its recent FQ2 card.</li><li>We discuss why NVIDIA&#39;s long-term thesis remains intact. So, investors should consider adding NVDA stock on weakness.</li></ul><p>Investment Thesis</p><p>NVIDIA Corporation (NASDAQ:NVDA) stock has been battered after a rapid recovery from its recent March lows. Bullish NVDA investors piled into the stock as CEO Jensen Huang &amp; team introduced its next-gen Hopper architecture for cloud and data center computing. However, the market was also skittish over the weakness in PC end demand, thrashing NVDA stock. As a result, NVDA stock has retraced to its October lows, 43.4% below its November highs.</p><p>Therefore, NVDA stock growth premium has been digested significantly, as investors priced in potential weakness in its gaming segment, impacted by weaker crypto mining and PC weakness. NVDA stock was also initially impacted by Intel&#39;s (INTC)weak Q2 guidance, triggering a sell-off last week.</p><p>However, AMD&#39;s (AMD) spectacular FQ1 card reassured investors of a PC market that seemed hampered by weaker end demand. Investors were concerned with a multitude of factors relating to weaker macros, ongoing chip shortages, and China&#39;s COVID lockdowns. Therefore, we think Huang &amp; team will do just fine in its upcoming FQ1&#39;23 earnings release on May 25.</p><p>Notably, NVDA stock growth premium has also moderated significantly and is in line with its 5Y mean. Therefore, we think the opportunity to add more exposure to NVDA stock has returned for patient investors.</p><p>Nevertheless, a bull trap that lured buyers after its GTC in March had digested its upward momentum. Given the potent trap, we encourage investors to spread their purchases and dollar-cost average if the current support levels do not consolidate and hold.</p><p>We reiterate our Buy rating on NVDA stock.</p><p>Intel Worried Investors, But AMD Sprung To The Rescue</p><p>In our Intel Q1 earnings update, we discussed that Intel CEO Pat Gelsinger &amp; team guided to a markedly weaker Q2 due to pretty significant headwinds in the consumer PC market. As a result, investors were concerned about whether NVIDIA stock was next on the &#34;chopping block&#34; given its embedded growth premium.</p><p>However, AMD CEO Dr. Lisa Su assuaged semi investors that the pockets of weakness in the PC market were generally limited to the lower-end market. Therefore, its data center, cloud computing, gaming, and enterprise segments remain robust as management also raised guidance. Dr. Su accentuated (edited):</p><blockquote>Our Desktop GPU sales nearly doubled year-over-year as sales of our Radeon 6000 Series graphics cards were strong. In mobile, the first notebooks featuring our latest Radeon 6000 mobile GPUs launched in the quarter, and we expect sales to ramp over the coming quarters. Data center graphics revenue was flat year-over-year as we launched our Instinct MI210 accelerators. There is some softness in the PC market. But we had, for the last number of quarters, actually been shifting our mix to the higher end or the more premium segments of the PC market, and so that&#39;s where more of our exposure is. (AMD&#39;s FQ1&#39;22 earnings call)</blockquote><p>Furthermore,SIA accentuated that global semi sales in Q1 remained robust, despite digesting a whole month of the Russia-Ukraine conflict. It also reported that global semiconductor revenue was up by 1.1% MoM in March. Q1 sales were $151.7B, up 23% YoY and down just by 0.5% QoQ, due to seasonality from Q4. Furthermore, Europe was up 2.6% MoM in March, indicating continued strength. Therefore, we think the headwinds of a significant slowdown in semi sales have been overblown.</p><p>Furthermore, even though the pricing trends for GPU were down significantly in March,the decline moderated in April, according to a Tom&#39;s Hardware update. Furthermore, it also highlighted that GPUs were still sold above MSRP in the current refresh cycle. It emphasized that &#34;GPU pricing would normally be 10 to 20% below MSRP at this point in the refresh cycle.&#34; In addition, we think AMD&#39;s robust showing in its GPU segment demonstrated that such fears had been overstated.</p><p>Ada Lovelace Impending Release &amp; H100 Price Leadership</p><p>Furthermore, investors should note that NVIDIA is expected to release its RTX-40 series Ada Lovelace GPU this fall. In addition, NVIDIA has reportedly started to test its AD102 GPU and is expected to be on track for its timely release. We believe the new release will likely generate much hype among bullish investors and help support NVDA stock moving forward.</p><p>Furthermore, in a clear demonstration of price leadership and value, NVIDIA&#39;s H100 Hopper GPU 80GB accelerator was released at a price &#34;considerably more expensive&#34; than its A100 Ampere predecessor. Therefore, we believe NVIDIA has tremendous pricing power in its data center business, given the scale and differentiation of its Hopper architecture. As a result, investors should not understate its leadership in the data center GPU segment.</p><p>Notably, we will also be looking to NVIDIA&#39;s design win updates for its highly anticipated automotive segment. Qualcomm (QCOM)updated in its FQ2 earnings card that its design pipeline has increased to $16B, from $3B previously. Qualcomm CEO Cristiano Amon is optimistic that its &#34;smartphone on wheels&#34; segment could even rival or trump its smartphone revenue over time.</p><p>Investors should recall that NVIDIA estimated its automotive opportunity to be worth $300Bin its recent spring GTC update. Thus, we encourage investors to watch management&#39;s commentary on its automotive design wins in its Q1 card. We also believe the market has yet to fully appreciate what could be NVIDIA&#39;s most exciting revenue contributor, given its scale and rapid adoption.</p><p>Is NVDA Stock A Buy, Sell, Or Hold?<img src=\"https://static.tigerbbs.com/a28d3d588daac616e0977528e650684c\" referrerpolicy=\"no-referrer\"/></p><p>NVDA stock NTM FCF yield % and NTM normalized P/E (TIKR)</p><p><img src=\"https://static.tigerbbs.com/e232702e3c8d75eb89b8de4709cd8f64\" tg-width=\"640\" tg-height=\"356\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>NVDA stock price chart (TradingView)</p><p>NVDA stock growth premium has been substantially digested due to the recent headwinds. As a result, its NTM FCF yield has moderated to 2.62%, in line with its 5Y mean of 2.63%. Furthermore, its NTM normalized P/E has also normalized to 34.78x, slightly below its 5Y mean of 39.93x.</p><p>Of course, NVDA stock still traded well above its peers and the market. Therefore, investors should continue to expect near-term volatility. But, we are confident that its long-term thesis remains intact. And we think the recent headwinds over potential end demand weakness have been priced in.</p><p>However, we observed a potent bull trap in NVDA stock post-GTC that seems to be digested. In addition, the stock seems to have found near-term support. Therefore, a further consolidation along the current levels should be helpful for NVDA stock moving forward.</p><p>As such, <i>we reiterate our Buy rating on NVDA stock</i>.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia Stock: Headwinds Priced In - Buy On Weakness</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\">\nNvidia Stock: Headwinds Priced In - Buy On Weakness\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-05 11:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4506831-nvidia-headwinds-priced-in-buy-on-weakness><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryGiven declining price trends in GPUs and crypto-mining weakness, much fear has been stoked over NVIDIA's gaming segment. But, AMD's Q1 results yesterday assuaged investors' fears.We are also ...</p>\n\n<a href=\"https://seekingalpha.com/article/4506831-nvidia-headwinds-priced-in-buy-on-weakness\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4506831-nvidia-headwinds-priced-in-buy-on-weakness","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180073890","content_text":"SummaryGiven declining price trends in GPUs and crypto-mining weakness, much fear has been stoked over NVIDIA's gaming segment. But, AMD's Q1 results yesterday assuaged investors' fears.We are also optimistic over NVIDIA's upcoming RTX-40 series Ada Lovelace launch, reportedly this fall. The refresh should help drive momentum for GPU prices, with improved chip supply in H2.We are also confident that NVIDIA could announce new design wins for its automotive segment. Qualcomm highlighted a marked increase in its automotive pipeline in its recent FQ2 card.We discuss why NVIDIA's long-term thesis remains intact. So, investors should consider adding NVDA stock on weakness.Investment ThesisNVIDIA Corporation (NASDAQ:NVDA) stock has been battered after a rapid recovery from its recent March lows. Bullish NVDA investors piled into the stock as CEO Jensen Huang & team introduced its next-gen Hopper architecture for cloud and data center computing. However, the market was also skittish over the weakness in PC end demand, thrashing NVDA stock. As a result, NVDA stock has retraced to its October lows, 43.4% below its November highs.Therefore, NVDA stock growth premium has been digested significantly, as investors priced in potential weakness in its gaming segment, impacted by weaker crypto mining and PC weakness. NVDA stock was also initially impacted by Intel's (INTC)weak Q2 guidance, triggering a sell-off last week.However, AMD's (AMD) spectacular FQ1 card reassured investors of a PC market that seemed hampered by weaker end demand. Investors were concerned with a multitude of factors relating to weaker macros, ongoing chip shortages, and China's COVID lockdowns. Therefore, we think Huang & team will do just fine in its upcoming FQ1'23 earnings release on May 25.Notably, NVDA stock growth premium has also moderated significantly and is in line with its 5Y mean. Therefore, we think the opportunity to add more exposure to NVDA stock has returned for patient investors.Nevertheless, a bull trap that lured buyers after its GTC in March had digested its upward momentum. Given the potent trap, we encourage investors to spread their purchases and dollar-cost average if the current support levels do not consolidate and hold.We reiterate our Buy rating on NVDA stock.Intel Worried Investors, But AMD Sprung To The RescueIn our Intel Q1 earnings update, we discussed that Intel CEO Pat Gelsinger & team guided to a markedly weaker Q2 due to pretty significant headwinds in the consumer PC market. As a result, investors were concerned about whether NVIDIA stock was next on the \"chopping block\" given its embedded growth premium.However, AMD CEO Dr. Lisa Su assuaged semi investors that the pockets of weakness in the PC market were generally limited to the lower-end market. Therefore, its data center, cloud computing, gaming, and enterprise segments remain robust as management also raised guidance. Dr. Su accentuated (edited):Our Desktop GPU sales nearly doubled year-over-year as sales of our Radeon 6000 Series graphics cards were strong. In mobile, the first notebooks featuring our latest Radeon 6000 mobile GPUs launched in the quarter, and we expect sales to ramp over the coming quarters. Data center graphics revenue was flat year-over-year as we launched our Instinct MI210 accelerators. There is some softness in the PC market. But we had, for the last number of quarters, actually been shifting our mix to the higher end or the more premium segments of the PC market, and so that's where more of our exposure is. (AMD's FQ1'22 earnings call)Furthermore,SIA accentuated that global semi sales in Q1 remained robust, despite digesting a whole month of the Russia-Ukraine conflict. It also reported that global semiconductor revenue was up by 1.1% MoM in March. Q1 sales were $151.7B, up 23% YoY and down just by 0.5% QoQ, due to seasonality from Q4. Furthermore, Europe was up 2.6% MoM in March, indicating continued strength. Therefore, we think the headwinds of a significant slowdown in semi sales have been overblown.Furthermore, even though the pricing trends for GPU were down significantly in March,the decline moderated in April, according to a Tom's Hardware update. Furthermore, it also highlighted that GPUs were still sold above MSRP in the current refresh cycle. It emphasized that \"GPU pricing would normally be 10 to 20% below MSRP at this point in the refresh cycle.\" In addition, we think AMD's robust showing in its GPU segment demonstrated that such fears had been overstated.Ada Lovelace Impending Release & H100 Price LeadershipFurthermore, investors should note that NVIDIA is expected to release its RTX-40 series Ada Lovelace GPU this fall. In addition, NVIDIA has reportedly started to test its AD102 GPU and is expected to be on track for its timely release. We believe the new release will likely generate much hype among bullish investors and help support NVDA stock moving forward.Furthermore, in a clear demonstration of price leadership and value, NVIDIA's H100 Hopper GPU 80GB accelerator was released at a price \"considerably more expensive\" than its A100 Ampere predecessor. Therefore, we believe NVIDIA has tremendous pricing power in its data center business, given the scale and differentiation of its Hopper architecture. As a result, investors should not understate its leadership in the data center GPU segment.Notably, we will also be looking to NVIDIA's design win updates for its highly anticipated automotive segment. Qualcomm (QCOM)updated in its FQ2 earnings card that its design pipeline has increased to $16B, from $3B previously. Qualcomm CEO Cristiano Amon is optimistic that its \"smartphone on wheels\" segment could even rival or trump its smartphone revenue over time.Investors should recall that NVIDIA estimated its automotive opportunity to be worth $300Bin its recent spring GTC update. Thus, we encourage investors to watch management's commentary on its automotive design wins in its Q1 card. We also believe the market has yet to fully appreciate what could be NVIDIA's most exciting revenue contributor, given its scale and rapid adoption.Is NVDA Stock A Buy, Sell, Or Hold?NVDA stock NTM FCF yield % and NTM normalized P/E (TIKR)NVDA stock price chart (TradingView)NVDA stock growth premium has been substantially digested due to the recent headwinds. As a result, its NTM FCF yield has moderated to 2.62%, in line with its 5Y mean of 2.63%. Furthermore, its NTM normalized P/E has also normalized to 34.78x, slightly below its 5Y mean of 39.93x.Of course, NVDA stock still traded well above its peers and the market. Therefore, investors should continue to expect near-term volatility. But, we are confident that its long-term thesis remains intact. And we think the recent headwinds over potential end demand weakness have been priced in.However, we observed a potent bull trap in NVDA stock post-GTC that seems to be digested. In addition, the stock seems to have found near-term support. Therefore, a further consolidation along the current levels should be helpful for NVDA stock moving forward.As such, we reiterate our Buy rating on NVDA stock.","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":716,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9001136764,"gmtCreate":1641185231341,"gmtModify":1676533580581,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"Looking forward for&nbsp;Sofi to be the next big thing in financial field!!","listText":"Looking forward for&nbsp;Sofi to be the next big thing in financial field!!","text":"Looking forward for Sofi to be the next big thing in financial field!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001136764","repostId":"2200470447","repostType":2,"isVote":1,"tweetType":1,"viewCount":732,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939159946,"gmtCreate":1662078685987,"gmtModify":1676536801486,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"Finger cross","listText":"Finger cross","text":"Finger cross","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9939159946","repostId":"1128833508","repostType":2,"repost":{"id":"1128833508","kind":"news","pubTimestamp":1662077034,"share":"https://ttm.financial/m/news/1128833508?lang=en_US&edition=fundamental","pubTime":"2022-09-02 08:03","market":"us","language":"en","title":"Nvidia’s \"China Syndrome\": Is the Stock Melting Down?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128833508","media":"MarketWatch","summary":"“The China Syndrome” depicted a nuclear reactor that would theoretically start burning its way to other side the earth, i.e., China. The previously little-known term quickly found its way into the American lexicon as the film made its debut on March 16, 1979, less than two weeks before the accident at the Three Mile Island nuclear power plant near Middletown, Pa.Rasgon acknowledged that the company is working on alternatives and has expressed seeking licenses for nonmilitary customers, but he sa","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/823a47e8d13314b3f8798de301579fef\" tg-width=\"700\" tg-height=\"487\" referrerpolicy=\"no-referrer\"/>Like the nuclear reactor in the 1979 film “The China Syndrome,” Nvidia Corp.’s share price and sales forecast have been melting down, and a sales ban of artificial-intelligence chips to China is the latest to add to the temperature.</p><p>Nvidia shares reached a new 52-week low Thursday, falling as much as 12% before closing with a 7.7% decline at $139.37, the seventh daily decline of more than 7% that the stock has suffered so far this year. Shares have declined 22.2% collectively in the past five trading sessions, their worst five-day stretch since Nov. 23, 2018, when shares fell 28.4% over five sessions, according to Dow Jones data.</p><p>At a 52.6% plummet, Nvidia is 2022’s worst-performing chip stock out of the 30 that make up the PHLX Semiconductor Index, which is down 33.5% for the year. In comparison, the S&amp;P 500 index is down 17%, and the tech-heavy Nasdaq Composite Index is down 24.7%.</p><p>Nvidia stock’s move on Thursday arrived after the chip maker disclosed in a Securities and Exchange Commission filing late Wednesday that U.S. regulators are imposing “a new license requirement, effective immediately, for any future export to China (including Hong Kong) and Russia of the company’s A100 and forthcoming H100 integrated circuits. DGX or any other systems which incorporate A100 or H100 integrated circuits and the A100X are also covered by the new license requirement.”</p><p>Analysts already debated whether Nvidia was in the clear after the chip maker cut its outlook not for the first, not for the second, but for the third time in as many months. Now, for the fourth time this year, Nvidia is suggesting to analysts that the revenue forecast could still be off.</p><p>The near-term effect: Roughly $400 million in expected third-quarter revenue from China could be at risk. At last check, analysts surveyed by FactSet were forecasting annual revenue, on average, of $28.09 billion, a far cry from the $33.35 billion expected at the end of July, and the $34.54 billion estimate at the end of February. Now, analysts are forced to consider whether they should lower their targets again.</p><p>“It feels prudent to take the impacted China revenues out of our Nvidia numbers,” said Bernstein analyst Stacy Rasgon in a note titled, “China syndrome?”</p><p>“The China Syndrome” depicted a nuclear reactor that would theoretically start burning its way to other side the earth, i.e., China. The previously little-known term quickly found its way into the American lexicon as the film made its debut on March 16, 1979, less than two weeks before the accident at the Three Mile Island nuclear power plant near Middletown, Pa.</p><p>Rasgon acknowledged that the company is working on alternatives and has expressed seeking licenses for nonmilitary customers, but he said the timing and impact of these remedies, however, is unclear. The new cut is “not trivial but not an insurmountable blow either, though of course it is clearly an incremental negative as the business may be permanently impaired,” he said.</p><p>Rasgon also noted that some of Advanced Micro Devices Inc.’s GPUs would be affected by the ban as well. “However, AMD’s datacenter GPU sales are tiny, and they do not foresee any significant impact on their business at this time,” Rasgon said. He has outperform ratings on both stocks with a price target of $180 on Nvidia, and $135 on AMD.</p><p>The effects of the ban could last well beyond the current quarter, though. Morgan Stanley analyst Joseph Moore said he expects regulators to take 18 to 24 months to determine the total scope of products affected by the ban, and Nvidia stands to lose at least $2 billion in 2023 revenue based on the known restrictions even with a forecast for weak data-center demand from China.</p><p>“We don’t know the broader ramifications of the restrictions, but the specific restrictions on A100 and H100 (basically training products introduced last 3 years) would say that this impacts new products,” wrote Moore, who has an in-line rating and a $182 price target on Nvidia. “We would guess that this is a restriction related to AI, so we wouldn’t expect ramifications for non-AI chips, but we don’t know if the restriction is just GPUs, vs. custom AI ASICs or specialty chips such as Intel’s Habana processors.”</p><p>The restrictions also could cause problems beyond Nvidia. Citi Research analyst Atif Malik wrote that “we see an escalation in U.S. semiconductor restrictions to China and increased volatility for the semiconductors and equipment group,” while taking Nvidia off the firm’s positive “catalyst watch,” which had just been instituted on Friday.</p><p>Mizuho analyst Jordan Klein said he senses that “negativity will spread broadly across Semis as to what restrictions could come next.”</p><p>This all comes ahead of Nvidia’s big GTC conference that begins Sept. 19, where the company is expected to unveil its next generation “Lovelace” chip architecture to replace the now two-year old “Ampere” architecture during a consumer tech slump. In fact, Nvidia’s recent $1.22 billion inventory charge went to clear out a lot of that old inventory before the “Lovelace” launch.</p><p>Nvidia stock was also the most actively traded on the S&amp;P 500 index at a preliminary volume of 117.3 million shares, with shares of AMD a close second at more than 94.5 million shares. The 52-week average daily volume of Nvidia shares is 49 million, while AMD’s is about 83 million.</p><p>Of the 44 analysts who cover Nvidia, 35 have buy-grade ratings, eight have sell ratings, and one has a sell rating. Of those, six lowered their price targets on the stock, resulting in an average target price of $210, down from $237.50 from a month ago.</p></body></html>","source":"lsy1603348471595","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>Nvidia’s \"China Syndrome\": Is the Stock Melting Down?</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\">\nNvidia’s \"China Syndrome\": Is the Stock Melting Down?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-02 08:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/nvidias-china-syndrome-is-the-stock-melting-down-11662064357?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Like the nuclear reactor in the 1979 film “The China Syndrome,” Nvidia Corp.’s share price and sales forecast have been melting down, and a sales ban of artificial-intelligence chips to China is the ...</p>\n\n<a href=\"https://www.marketwatch.com/story/nvidias-china-syndrome-is-the-stock-melting-down-11662064357?mod=home-page\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.marketwatch.com/story/nvidias-china-syndrome-is-the-stock-melting-down-11662064357?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128833508","content_text":"Like the nuclear reactor in the 1979 film “The China Syndrome,” Nvidia Corp.’s share price and sales forecast have been melting down, and a sales ban of artificial-intelligence chips to China is the latest to add to the temperature.Nvidia shares reached a new 52-week low Thursday, falling as much as 12% before closing with a 7.7% decline at $139.37, the seventh daily decline of more than 7% that the stock has suffered so far this year. Shares have declined 22.2% collectively in the past five trading sessions, their worst five-day stretch since Nov. 23, 2018, when shares fell 28.4% over five sessions, according to Dow Jones data.At a 52.6% plummet, Nvidia is 2022’s worst-performing chip stock out of the 30 that make up the PHLX Semiconductor Index, which is down 33.5% for the year. In comparison, the S&P 500 index is down 17%, and the tech-heavy Nasdaq Composite Index is down 24.7%.Nvidia stock’s move on Thursday arrived after the chip maker disclosed in a Securities and Exchange Commission filing late Wednesday that U.S. regulators are imposing “a new license requirement, effective immediately, for any future export to China (including Hong Kong) and Russia of the company’s A100 and forthcoming H100 integrated circuits. DGX or any other systems which incorporate A100 or H100 integrated circuits and the A100X are also covered by the new license requirement.”Analysts already debated whether Nvidia was in the clear after the chip maker cut its outlook not for the first, not for the second, but for the third time in as many months. Now, for the fourth time this year, Nvidia is suggesting to analysts that the revenue forecast could still be off.The near-term effect: Roughly $400 million in expected third-quarter revenue from China could be at risk. At last check, analysts surveyed by FactSet were forecasting annual revenue, on average, of $28.09 billion, a far cry from the $33.35 billion expected at the end of July, and the $34.54 billion estimate at the end of February. Now, analysts are forced to consider whether they should lower their targets again.“It feels prudent to take the impacted China revenues out of our Nvidia numbers,” said Bernstein analyst Stacy Rasgon in a note titled, “China syndrome?”“The China Syndrome” depicted a nuclear reactor that would theoretically start burning its way to other side the earth, i.e., China. The previously little-known term quickly found its way into the American lexicon as the film made its debut on March 16, 1979, less than two weeks before the accident at the Three Mile Island nuclear power plant near Middletown, Pa.Rasgon acknowledged that the company is working on alternatives and has expressed seeking licenses for nonmilitary customers, but he said the timing and impact of these remedies, however, is unclear. The new cut is “not trivial but not an insurmountable blow either, though of course it is clearly an incremental negative as the business may be permanently impaired,” he said.Rasgon also noted that some of Advanced Micro Devices Inc.’s GPUs would be affected by the ban as well. “However, AMD’s datacenter GPU sales are tiny, and they do not foresee any significant impact on their business at this time,” Rasgon said. He has outperform ratings on both stocks with a price target of $180 on Nvidia, and $135 on AMD.The effects of the ban could last well beyond the current quarter, though. Morgan Stanley analyst Joseph Moore said he expects regulators to take 18 to 24 months to determine the total scope of products affected by the ban, and Nvidia stands to lose at least $2 billion in 2023 revenue based on the known restrictions even with a forecast for weak data-center demand from China.“We don’t know the broader ramifications of the restrictions, but the specific restrictions on A100 and H100 (basically training products introduced last 3 years) would say that this impacts new products,” wrote Moore, who has an in-line rating and a $182 price target on Nvidia. “We would guess that this is a restriction related to AI, so we wouldn’t expect ramifications for non-AI chips, but we don’t know if the restriction is just GPUs, vs. custom AI ASICs or specialty chips such as Intel’s Habana processors.”The restrictions also could cause problems beyond Nvidia. Citi Research analyst Atif Malik wrote that “we see an escalation in U.S. semiconductor restrictions to China and increased volatility for the semiconductors and equipment group,” while taking Nvidia off the firm’s positive “catalyst watch,” which had just been instituted on Friday.Mizuho analyst Jordan Klein said he senses that “negativity will spread broadly across Semis as to what restrictions could come next.”This all comes ahead of Nvidia’s big GTC conference that begins Sept. 19, where the company is expected to unveil its next generation “Lovelace” chip architecture to replace the now two-year old “Ampere” architecture during a consumer tech slump. In fact, Nvidia’s recent $1.22 billion inventory charge went to clear out a lot of that old inventory before the “Lovelace” launch.Nvidia stock was also the most actively traded on the S&P 500 index at a preliminary volume of 117.3 million shares, with shares of AMD a close second at more than 94.5 million shares. The 52-week average daily volume of Nvidia shares is 49 million, while AMD’s is about 83 million.Of the 44 analysts who cover Nvidia, 35 have buy-grade ratings, eight have sell ratings, and one has a sell rating. Of those, six lowered their price targets on the stock, resulting in an average target price of $210, down from $237.50 from a month ago.","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":1352,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992577787,"gmtCreate":1661348897952,"gmtModify":1676536501003,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"Wao didn't see that coming.[Surprised]&nbsp;","listText":"Wao didn't see that coming.[Surprised]&nbsp;","text":"Wao didn't see that coming.[Surprised]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992577787","repostId":"1162343527","repostType":4,"isVote":1,"tweetType":1,"viewCount":1282,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9900477465,"gmtCreate":1658760221057,"gmtModify":1676536203116,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"Everyone has their own theory[What]&nbsp;","listText":"Everyone has their own theory[What]&nbsp;","text":"Everyone has their own theory[What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9900477465","repostId":"2254235880","repostType":2,"repost":{"id":"2254235880","kind":"highlight","pubTimestamp":1658756065,"share":"https://ttm.financial/m/news/2254235880?lang=en_US&edition=fundamental","pubTime":"2022-07-25 21:34","market":"us","language":"en","title":"Is Warren Buffett Betting Against Renewable Energy?","url":"https://stock-news.laohu8.com/highlight/detail?id=2254235880","media":"Motley Fool","summary":"Buffett might seem to be unenthusiastic about renewable energy. But there's more to the story.","content":"<div>\n<p>Renewable energy seems like a slam dunk, right? Governments around the world have adopted aggressive goals to reduce carbon emissions. High gas prices have made electric vehicles more attractive to ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/07/25/is-warren-buffett-betting-against-renewable-energy/\">Source Link</a>\n\n</div>\n","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Warren Buffett Betting Against Renewable Energy?</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\">\nIs Warren Buffett Betting Against Renewable Energy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-25 21:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/07/25/is-warren-buffett-betting-against-renewable-energy/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Renewable energy seems like a slam dunk, right? Governments around the world have adopted aggressive goals to reduce carbon emissions. High gas prices have made electric vehicles more attractive to ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/07/25/is-warren-buffett-betting-against-renewable-energy/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","OXY":"西方石油","BRK.A":"伯克希尔"},"source_url":"https://www.fool.com/investing/2022/07/25/is-warren-buffett-betting-against-renewable-energy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2254235880","content_text":"Renewable energy seems like a slam dunk, right? Governments around the world have adopted aggressive goals to reduce carbon emissions. High gas prices have made electric vehicles more attractive to many Americans. Meanwhile, the costs of wind and solar have come down so much that they're a cheaper alternative for energy production than fossil fuels.Despite these trends, Warren Buffett's recent investing activity could lead one to conclude that he's not convinced about this supposed slam dunk. Is Buffett betting against renewable energy?Yes to Big OilThere's no question that Buffett has become a big fan of Big Oil lately. Chevron (CVX -0.83%) now ranks as the fifth-largest holding in Berkshire Hathaway's (BRK.A -0.31%) (BRK.B -0.32%) portfolio. Buffett didn't begin building a position in the oil stock until late 2020.But the multibillionaire investor seems to be even more smitten with Occidental Petroleum (OXY -1.52%) in recent months. Berkshire went on a buying frenzy in the first quarter, scooping up more than 136 million shares of Occidental. This activity continued into Q2. Berkshire now owns nearly 182 million shares of the oil company -- enough to give it a 19.4% stake.These purchases prompted online business magazine Quartz to publish an article earlier this month with the headline, \"Warren Buffett's big bets on oil are betraying the climate.\" In the article, Samanth Subramanian wrote that Buffett is \"doubling down on fossil fuels when the rest of the world is trying to divest from it.\"No to electric vehicles?In Buffett's most recent letter to Berkshire shareholders, he stated that Berkshire Hathaway Energy (BHE) owned 225 million shares of Chinese electric vehicle (EV) maker BYD (BYDDY -3.01%). This amounts to roughly 7.7% of the company.Berkshire Hathaway vice-chairman Charlie Munger first recommended BYD back in 2008. Buffett agreed with the pick. And it's been a huge winner for Berkshire through the years.However, on July 11, 2022, a major sell transaction for BYD was registered on Hong Kong's Clearing and Settlement System. The number of shares being sold was... 225 million. This understandably led to widespread speculation that Berkshire was exiting its position in BYD.It's still not clear if Buffett is actually selling Berkshire's big stake in BYD. No regulatory filing of the transaction has been filed. Some analysts think Berkshire could be lending its shares to short-sellers. Others, though, believe that a full exit is on the way.Drilling downSo is Buffett really betting against renewable energy? I don't think so. Drilling down into the details explains why.Buffett's record shows that his involvement with oil stocks is often temporary. For example, in 2020, Berkshire sold all of its previous stake in Occidental. Buffett doesn't seem to view Oxy, Chevron, or any other oil and gas company as a \"forever\" stock. He's simply riding the current wave driven by increased fuel prices to boost Berkshire's returns.Even if Berkshire sells its stake in BYD, the company still has a significant position in another big electric vehicle maker -- General Motors (GM -1.31%). Many investors overlook GM as an EV stock. However, the company ranked third in U.S. EV sales last year and is spending heavily to become an even bigger player in the market.More importantly, Buffett referred to BHE as one of Berkshire's \"four giants\" in his latest letter to shareholders. He noted that BHE is now \"a leading force in wind, solar and transmission\" and \"has long been making climate-conscious moves that soak up all of its earnings.\" The reality is that Buffett is betting on renewable energy rather than against it.","news_type":1,"symbols_score_info":{"BRK.A":0.9,"BRK.B":0.9,"OXY":0.9}},"isVote":1,"tweetType":1,"viewCount":1293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9055849630,"gmtCreate":1655259116121,"gmtModify":1676535598404,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"Is good to know NVDA won't be solely reliant on gaming","listText":"Is good to know NVDA won't be solely reliant on gaming","text":"Is good to know NVDA won't be solely reliant on gaming","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9055849630","repostId":"1156818336","repostType":2,"isVote":1,"tweetType":1,"viewCount":959,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4103864033944460","authorId":"4103864033944460","name":"PaperPlay","avatar":"https://community-static.tradeup.com/news/f9bd8cbd182d6cb24667a31115671409","crmLevel":12,"crmLevelSwitch":0,"idStr":"4103864033944460","authorIdStr":"4103864033944460"},"content":"$NVIDIA Corp(NVDA)$ has a distinctive segment outside of gaming. In fact they know the risks of depending on consumer gaming needs.","text":"$NVIDIA Corp(NVDA)$ has a distinctive segment outside of gaming. In fact they know the risks of depending on consumer gaming needs.","html":"$NVIDIA Corp(NVDA)$ has a distinctive segment outside of gaming. In fact they know the risks of depending on consumer gaming needs."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9037425827,"gmtCreate":1648168515786,"gmtModify":1676534312228,"author":{"id":"3573295814526662","authorId":"3573295814526662","name":"STtee","avatar":"https://static.tigerbbs.com/2f8b6d27a66090fbddbc0ceedceb166a","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573295814526662","authorIdStr":"3573295814526662"},"themes":[],"htmlText":"Time&nbsp; to take us flying! Hahaha","listText":"Time&nbsp; to take us flying! Hahaha","text":"Time to take us flying! Hahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037425827","repostId":"2222257070","repostType":2,"repost":{"id":"2222257070","kind":"highlight","pubTimestamp":1648167432,"share":"https://ttm.financial/m/news/2222257070?lang=en_US&edition=fundamental","pubTime":"2022-03-25 08:17","market":"us","language":"en","title":"Why Tesla Stock Zoomed Higher Again","url":"https://stock-news.laohu8.com/highlight/detail?id=2222257070","media":"Motley Fool","summary":"Two news items are helping to push Tesla stock higher today.","content":"<div>\n<p>What happenedTesla Motors  stock has the pedal to the metal. For the eighth day in a row, shares of the electric car superstar roared higher -- closed 1.48% higher on Thursday.A couple of positive ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/03/24/why-tesla-stock-zoomed-higher-again/\">Source Link</a>\n\n</div>\n","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Tesla Stock Zoomed Higher Again</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 Tesla Stock Zoomed Higher Again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-25 08:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/03/24/why-tesla-stock-zoomed-higher-again/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedTesla Motors  stock has the pedal to the metal. For the eighth day in a row, shares of the electric car superstar roared higher -- closed 1.48% higher on Thursday.A couple of positive ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/03/24/why-tesla-stock-zoomed-higher-again/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4574":"无人驾驶","BK4527":"明星科技股","BK4551":"寇图资本持仓","BK4511":"特斯拉概念","BK4099":"汽车制造商","BK4550":"红杉资本持仓","BK4534":"瑞士信贷持仓","BK4548":"巴美列捷福持仓","TSLA":"特斯拉","BK4581":"高盛持仓","BK4555":"新能源车"},"source_url":"https://www.fool.com/investing/2022/03/24/why-tesla-stock-zoomed-higher-again/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2222257070","content_text":"What happenedTesla Motors  stock has the pedal to the metal. For the eighth day in a row, shares of the electric car superstar roared higher -- closed 1.48% higher on Thursday.A couple of positive news items today may explain why Tesla shares continue to zoom higher.Image source: Getty Images.So whatNews item No. 1: You probably heard last year when rental car kingpin Hertz said it was ordering 100,000 pricey new Teslas to add to its rental car fleet, right? At first, those were going to be largely Model 3 sedans, Tesla's cheapest electric car (if still not exactly cheap at $47,000). Well, last night, Reuters reported that Hertz will also be buying some Model Y crossovers from Tesla as well -- and those electro-buggies don't roll off the car lot for less than $63,000.Long story short, for every single Model Y Hertz buys from Tesla, instead of a Model 3, Tesla investors can expect to see 34% more revenue for their Tesla stock.Now whatSelling electric cars is good business for Tesla, accounting for about 95% of Tesla's $53.8 billion in revenue last year, according to data from S&P Global Market Intelligence. But electric cars don't go very far without batteries to operate them -- which brings us to news item No. 2:As Reuters also reported last night, one of Tesla's battery suppliers, LG Energy Solution, has announced that it will spend $1.4 billion to build a battery factory in Arizona. LG says the factory will supply both \"prominent start-ups\" and other car companies in North America, presumably referring to LG customers Lucid Group and also to Tesla.Reuters reports that the new LG factory won't reach \"mass production\" levels before 2024, but construction will begin in Q2 2022 -- which begins just eight days from today, and promises a relatively quick influx of new battery supplies for Tesla. Considering that Tesla CEO Elon Musk has highlighted battery supply as \"the limiting factor\" (emphasis added) in Tesla being able to ramp up car production over the next few years, LG's entry into Arizona can only be good news for Tesla stock.And that's exactly how Tesla investors are treating it today.","news_type":1,"symbols_score_info":{"TSLA":1}},"isVote":1,"tweetType":1,"viewCount":835,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}