MaomaoMai personal page - To The Moon

MaomaoMai

MaomaoMai

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2022-07-06

How much more lower income civilians and SMEs are going to get caught in loans and non repayment.

Fed Minutes Could Bolster Bets for 75 Basis-Point Hike in July

2022-09-20

Thanks

VOO: Fresh Lows Could Be Ahead

2022-07-06

$ARK Fintech Innovation ETF(ARKF)$Trending like Cryptos...

2022-10-04

What goes up will come down vice versa.

U.S. Stocks Became Crazy in Morning Trading; Nasdaq Soared Over 3% While S&P 500 and Dow Jones Jumped Over 2.5%

2022-09-10

RIP Queen.

2022-09-06

Ok

Sorry, the original content has been removed

2022-09-16

$Apple(AAPL)$iphone14 queue doesn't seem to help?

2022-09-16

$SPDR S&P 500 ETF Trust(SPY)$What do you think it will end by next FED?

2022-09-16

Minimally 75bps. 40% chance 100bps.

2022-08-19

$NIO Inc.(NIO)$How is this going to end?

Go to Tiger App to see more news

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Nasdaq Soared Over 3% While S&P 500 and Dow Jones Jumped Over 2.5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1125912452","media":"Tiger Newspress","summary":"U.S. stocks became crazy in morning trading; Nasdaq soared 3.26%, S&P 500 jumped 2.82% while Dow Jon","content":"<html><head></head><body><p>U.S. stocks became crazy in morning trading; Nasdaq soared 3.26%, S&amp;P 500 jumped 2.82% while Dow Jones rose 2.51%.</p><p><img src=\"https://static.tigerbbs.com/e46c2094d586e4f522859f19dd77410d\" tg-width=\"624\" tg-height=\"117\" width=\"100%\" height=\"auto\"/></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>U.S. Stocks Became Crazy in Morning Trading; Nasdaq Soared Over 3% While S&P 500 and Dow Jones Jumped Over 2.5%</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\">\nU.S. Stocks Became Crazy in Morning Trading; Nasdaq Soared Over 3% While S&P 500 and Dow Jones Jumped Over 2.5%\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\">2022-10-04 23:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks became crazy in morning trading; Nasdaq soared 3.26%, S&amp;P 500 jumped 2.82% while Dow Jones rose 2.51%.</p><p><img src=\"https://static.tigerbbs.com/e46c2094d586e4f522859f19dd77410d\" tg-width=\"624\" tg-height=\"117\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125912452","content_text":"U.S. stocks became crazy in morning trading; Nasdaq soared 3.26%, S&P 500 jumped 2.82% while Dow Jones rose 2.51%.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":2541,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910762034,"gmtCreate":1663686161028,"gmtModify":1676537315819,"author":{"id":"3580794504448364","authorId":"3580794504448364","name":"MaomaoMai","avatar":"https://static.tigerbbs.com/69eb5a3be56ce07900796d631f9b794d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580794504448364","idStr":"3580794504448364"},"themes":[],"htmlText":"Thanks&nbsp;","listText":"Thanks&nbsp;","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9910762034","repostId":"2268391042","repostType":2,"repost":{"id":"2268391042","kind":"news","pubTimestamp":1663663883,"share":"https://ttm.financial/m/news/2268391042?lang=en_US&edition=fundamental","pubTime":"2022-09-20 16:51","market":"us","language":"en","title":"VOO: Fresh Lows Could Be Ahead","url":"https://stock-news.laohu8.com/highlight/detail?id=2268391042","media":"Seeking Alpha","summary":"SummaryVanguard S&P 500 ETF is not offering a buying opportunity after the latest selloff.The downtr","content":"<html><head></head><body><h2>Summary</h2><ul><li>Vanguard S&amp;P 500 ETF is not offering a buying opportunity after the latest selloff.</li><li>The downtrend is likely to accelerate in the coming months due to the looming recession and tightening monetary policies.</li><li>Investor sentiment and valuations would be impacted by a large percentage of downside earnings revisions.</li><li>The historical data also suggests that going long ahead of a recession is not a prudent strategy.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5056e902bdaef835ab02d4d345d0153e\" tg-width=\"1080\" tg-height=\"720\" width=\"100%\" height=\"auto\"/><span>ronniechua</span></p><p>The S&amp;P 500 is on the edge of a bear market once again as the recovery from mid-June to mid-August proved to be no more than a bear market rally, in my opinion. In the last thirty days, the indexplunged around 9% and is currently only a few percentage points higher than its mid-June lows. I believe the broader market index, as well as related ETFs such as the Vanguard S&amp;P 500 ETF (NYSEARCA:VOO), are likely to hit new lows in the coming months, and the bear trend might last longer than the recent routes. What’s more concerning is that global GDP growth and corporate earnings are projected to fall further in the next year. In addition, historical trends suggest that the market has a lot more room to fall. Therefore, buying the latest dip doesn’t look like a prudent strategy to me.</p><h2>Demand Destruction Pushing Economies into Recession</h2><h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dc3c3e1aa15446ec437054d90c22084f\" tg-width=\"1236\" tg-height=\"689\" width=\"100%\" height=\"auto\"/><span>True_insights (Bloomberg)</span></p></h2><p>Economic and monetary policy directly affect stock market performance. Historically, the US stock market has faced challenges when economic numbers drop, but bull markets usually occur when monetary conditions are easy and economic growth is stable. There have been 10 official U.S. recessions since 1957 and the stock market has lost 29% on average after each recession. In economics, high prices or limited supply guides demand destruction. A number of factors are contributing to demand destruction at the moment, including high inflation, tightening monetary policies, the Russian war, and the Chinese economic slowdown.</p><p>Rating agencies and the World Bank are cutting their GDP growth forecasts for 2022 and 2023 due to the negative impact of demand destruction on business activities. Fitch, for instance, slashed its 2022 global growth forecast for the third time in nine months to 2.4%, down by 0.5% from its June forecast. For 2023, it expects the global GDP to grow by only 1.7%. It also projects the eurozone and UK will enter recession in the December quarter of 2022, and that the recession will last longer. Fitch also predicts a mild recession in the United States in mid-2023.</p><h2>Earnings Revisions</h2><p>As it appears that economies will fall into recession from the December quarter, analysts and companies are cutting earnings expectations faster. For example, FedEx (FDX), one of the world&#39;s largest air freight and logistics companies, missed earnings expectations for the first quarter by a greater margin. Additionally, the company expects the situation to worsen in the next quarter.</p><blockquote>Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the U.S. We are swiftly addressing these headwinds, but given the speed at which conditions shifted, Q1 results are below our expectations, CEO Raj Subramaniam said.</blockquote><p>It&#39;s evident from FedEx&#39;s earnings miss that the market environment is worse than many had predicted. In the quarters ahead, industrial, materials, and real estate sectors could face massive earnings reductions as a slower economic activity directly impacts their revenue generation capacities. This trend is also reflected in Seeking Alpha&#39;s poor quant grades for a large number of key industrial stocks. In contrast, mega-cap tech stocks including Apple (AAPL), Microsoft (MSFT), Alphabet (GOOG) (GOOGL), Amazon (AMZN), Tesla (TSLA), Meta Platforms (META), and Nvidia (NVDA) have seen an average earningsestimatedrop of 21.4% over the last 90 days, while projections for 2023 have declined 11.3%. In the case of VOO, the majority of its top 10 stock holdings, including Apple, Microsoft, Alphabet, and Amazon have seen a large number of downside earnings revisions for 2022 and 2023.</p><h2>Valuations</h2><p>The S&amp;P 500’s forward price-to-earnings ratio eased to around 16.9 at present, down from 1.84% in the previous quarter and 8.76% in the year-ago period. When stocks hit their 2022 low in mid-June, the forward PE was around 16.</p><p>S&amp;P 500&#39;s forward PE ratio could fall below its June lows if the bear trend intensifies in the coming months. Historically, PE ratios have fallen between 13 and 14 during recessions since 1990, with the exception of 2008 when the PE fell below 10. Further, a significant amount of earnings revisions in the coming quarters would put additional pressure on valuations. Any rally in stocks without earnings growth would make them expensive, and it appears that investors might not be willing to pay premiums ahead of a recession and tough monetary conditions.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6e6a297993692762ac59f1dc1b1ea631\" tg-width=\"602\" tg-height=\"362\" width=\"100%\" height=\"auto\"/><span>yardeni.com (8 tech mega-caps forward PE)</span></p><p>There is also a big difference between the forward earnings ratio of the S&amp;P 500 and that of mega-cap tech stocks. Tech giants like Apple, Microsoft, Alphabet, Amazon, Tesla, Meta Platforms, Netflix (NFLX), and Nvidia account for almost a quarter of the overall weight of the S&amp;P 500 index and almost half of the S&amp;P 500 growth index. These mega-cap tech stocks have on average a forward 12-month price-to-earnings ratio of around 25. These stocks received either a D or F Seeking Alpha quant grade on valuations. S&amp;P 500 might face steep losses in the days ahead if sentiments turn against paying a premium for big tech stocks due to recession and earnings revisions.</p><h2>Capitulation Phase</h2><p>After hot CPI data and increasing prospects for recession, it appears that investors are selling stakes in fear of more losses, a situation known as a capitulation phase. In general, capitulation occurs during bear markets.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7939879a7b810f27e55c49b90c33d95b\" tg-width=\"592\" tg-height=\"402\" width=\"100%\" height=\"auto\"/><span>Coatue Management (Investor Presentation)</span></p><p>Coatue Management&#39;s investor presentation also hinted that the markets are in a capitulation phase where the entire stock market will fall before reaching its bottom. Philippe Laffont&#39;s investment firm held 80 percent of its portfolio in cash as of June 2022 following a large number of sales in the first half. Like the dot-com bear market, the firm says non-profitable tech stocks fell in the first phase of 2021. In the second phase, both non-profitable and profitable tech stocks plunged in the first half of 2022. In the third phase, which is called the capitulation phase, the firm predicts the entire public sector is likely to face a downtrend and this phase is likely to last longer than the first two.</p><h2>Conclusion</h2><p>It is not the right time to buy ETFs such as VOO that track the performance of the S&amp;P 500 index in my opinion. As several indicators are sending bear market warnings, the ETF is likely to suffer more losses in the months ahead. FedEx&#39;s poor results and lower outlook have raised concerns over significant earnings revisions for the full year and 2023. Sentiment would also be impacted by the worsening economic situation, as major economic regions are likely to enter recession in the fourth quarter. Furthermore, lofty valuations and historical trends indicate downside movement.</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>VOO: Fresh Lows Could Be Ahead</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\">\nVOO: Fresh Lows Could Be Ahead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-20 16:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4541903-voo-fresh-lows-could-be-ahead><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryVanguard S&P 500 ETF is not offering a buying opportunity after the latest selloff.The downtrend is likely to accelerate in the coming months due to the looming recession and tightening ...</p>\n\n<a href=\"https://seekingalpha.com/article/4541903-voo-fresh-lows-could-be-ahead\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VOO":"Vanguard标普500ETF"},"source_url":"https://seekingalpha.com/article/4541903-voo-fresh-lows-could-be-ahead","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2268391042","content_text":"SummaryVanguard S&P 500 ETF is not offering a buying opportunity after the latest selloff.The downtrend is likely to accelerate in the coming months due to the looming recession and tightening monetary policies.Investor sentiment and valuations would be impacted by a large percentage of downside earnings revisions.The historical data also suggests that going long ahead of a recession is not a prudent strategy.ronniechuaThe S&P 500 is on the edge of a bear market once again as the recovery from mid-June to mid-August proved to be no more than a bear market rally, in my opinion. In the last thirty days, the indexplunged around 9% and is currently only a few percentage points higher than its mid-June lows. I believe the broader market index, as well as related ETFs such as the Vanguard S&P 500 ETF (NYSEARCA:VOO), are likely to hit new lows in the coming months, and the bear trend might last longer than the recent routes. What’s more concerning is that global GDP growth and corporate earnings are projected to fall further in the next year. In addition, historical trends suggest that the market has a lot more room to fall. Therefore, buying the latest dip doesn’t look like a prudent strategy to me.Demand Destruction Pushing Economies into RecessionTrue_insights (Bloomberg)Economic and monetary policy directly affect stock market performance. Historically, the US stock market has faced challenges when economic numbers drop, but bull markets usually occur when monetary conditions are easy and economic growth is stable. There have been 10 official U.S. recessions since 1957 and the stock market has lost 29% on average after each recession. In economics, high prices or limited supply guides demand destruction. A number of factors are contributing to demand destruction at the moment, including high inflation, tightening monetary policies, the Russian war, and the Chinese economic slowdown.Rating agencies and the World Bank are cutting their GDP growth forecasts for 2022 and 2023 due to the negative impact of demand destruction on business activities. Fitch, for instance, slashed its 2022 global growth forecast for the third time in nine months to 2.4%, down by 0.5% from its June forecast. For 2023, it expects the global GDP to grow by only 1.7%. It also projects the eurozone and UK will enter recession in the December quarter of 2022, and that the recession will last longer. Fitch also predicts a mild recession in the United States in mid-2023.Earnings RevisionsAs it appears that economies will fall into recession from the December quarter, analysts and companies are cutting earnings expectations faster. For example, FedEx (FDX), one of the world's largest air freight and logistics companies, missed earnings expectations for the first quarter by a greater margin. Additionally, the company expects the situation to worsen in the next quarter.Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the U.S. We are swiftly addressing these headwinds, but given the speed at which conditions shifted, Q1 results are below our expectations, CEO Raj Subramaniam said.It's evident from FedEx's earnings miss that the market environment is worse than many had predicted. In the quarters ahead, industrial, materials, and real estate sectors could face massive earnings reductions as a slower economic activity directly impacts their revenue generation capacities. This trend is also reflected in Seeking Alpha's poor quant grades for a large number of key industrial stocks. In contrast, mega-cap tech stocks including Apple (AAPL), Microsoft (MSFT), Alphabet (GOOG) (GOOGL), Amazon (AMZN), Tesla (TSLA), Meta Platforms (META), and Nvidia (NVDA) have seen an average earningsestimatedrop of 21.4% over the last 90 days, while projections for 2023 have declined 11.3%. In the case of VOO, the majority of its top 10 stock holdings, including Apple, Microsoft, Alphabet, and Amazon have seen a large number of downside earnings revisions for 2022 and 2023.ValuationsThe S&P 500’s forward price-to-earnings ratio eased to around 16.9 at present, down from 1.84% in the previous quarter and 8.76% in the year-ago period. When stocks hit their 2022 low in mid-June, the forward PE was around 16.S&P 500's forward PE ratio could fall below its June lows if the bear trend intensifies in the coming months. Historically, PE ratios have fallen between 13 and 14 during recessions since 1990, with the exception of 2008 when the PE fell below 10. Further, a significant amount of earnings revisions in the coming quarters would put additional pressure on valuations. Any rally in stocks without earnings growth would make them expensive, and it appears that investors might not be willing to pay premiums ahead of a recession and tough monetary conditions.yardeni.com (8 tech mega-caps forward PE)There is also a big difference between the forward earnings ratio of the S&P 500 and that of mega-cap tech stocks. Tech giants like Apple, Microsoft, Alphabet, Amazon, Tesla, Meta Platforms, Netflix (NFLX), and Nvidia account for almost a quarter of the overall weight of the S&P 500 index and almost half of the S&P 500 growth index. These mega-cap tech stocks have on average a forward 12-month price-to-earnings ratio of around 25. These stocks received either a D or F Seeking Alpha quant grade on valuations. S&P 500 might face steep losses in the days ahead if sentiments turn against paying a premium for big tech stocks due to recession and earnings revisions.Capitulation PhaseAfter hot CPI data and increasing prospects for recession, it appears that investors are selling stakes in fear of more losses, a situation known as a capitulation phase. In general, capitulation occurs during bear markets.Coatue Management (Investor Presentation)Coatue Management's investor presentation also hinted that the markets are in a capitulation phase where the entire stock market will fall before reaching its bottom. Philippe Laffont's investment firm held 80 percent of its portfolio in cash as of June 2022 following a large number of sales in the first half. Like the dot-com bear market, the firm says non-profitable tech stocks fell in the first phase of 2021. In the second phase, both non-profitable and profitable tech stocks plunged in the first half of 2022. In the third phase, which is called the capitulation phase, the firm predicts the entire public sector is likely to face a downtrend and this phase is likely to last longer than the first two.ConclusionIt is not the right time to buy ETFs such as VOO that track the performance of the S&P 500 index in my opinion. As several indicators are sending bear market warnings, the ETF is likely to suffer more losses in the months ahead. FedEx's poor results and lower outlook have raised concerns over significant earnings revisions for the full year and 2023. Sentiment would also be impacted by the worsening economic situation, as major economic regions are likely to enter recession in the fourth quarter. Furthermore, lofty valuations and historical trends indicate downside movement.","news_type":1,"symbols_score_info":{"VOO":0.9}},"isVote":1,"tweetType":1,"viewCount":3286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9937967201,"gmtCreate":1663343420603,"gmtModify":1676537256633,"author":{"id":"3580794504448364","authorId":"3580794504448364","name":"MaomaoMai","avatar":"https://static.tigerbbs.com/69eb5a3be56ce07900796d631f9b794d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580794504448364","idStr":"3580794504448364"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>iphone14 queue doesn't seem to help?","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>iphone14 queue doesn't seem to help?","text":"$Apple(AAPL)$iphone14 queue doesn't seem to help?","images":[{"img":"https://community-static.tradeup.com/news/1f3f165604fdc2a14edc155bbf127882","width":"1125","height":"2262"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9937967201","isVote":1,"tweetType":1,"viewCount":2690,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9937962578,"gmtCreate":1663343188594,"gmtModify":1676537256536,"author":{"id":"3580794504448364","authorId":"3580794504448364","name":"MaomaoMai","avatar":"https://static.tigerbbs.com/69eb5a3be56ce07900796d631f9b794d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580794504448364","idStr":"3580794504448364"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$</a>What do you think it will end by next FED?&nbsp;","listText":"<a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$</a>What do you think it will end by next FED?&nbsp;","text":"$SPDR S&P 500 ETF Trust(SPY)$What do you think it will end by next FED?","images":[{"img":"https://community-static.tradeup.com/news/c3f8316b26162562750e832d3c94f9d6","width":"1125","height":"2305"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9937962578","isVote":1,"tweetType":1,"viewCount":3181,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9937961292,"gmtCreate":1663342736017,"gmtModify":1676537256405,"author":{"id":"3580794504448364","authorId":"3580794504448364","name":"MaomaoMai","avatar":"https://static.tigerbbs.com/69eb5a3be56ce07900796d631f9b794d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580794504448364","idStr":"3580794504448364"},"themes":[],"htmlText":"Minimally 75bps. 40% chance 100bps.&nbsp;","listText":"Minimally 75bps. 40% chance 100bps.&nbsp;","text":"Minimally 75bps. 40% chance 100bps.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9937961292","isVote":1,"tweetType":1,"viewCount":2750,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936796910,"gmtCreate":1662821988130,"gmtModify":1676537146331,"author":{"id":"3580794504448364","authorId":"3580794504448364","name":"MaomaoMai","avatar":"https://static.tigerbbs.com/69eb5a3be56ce07900796d631f9b794d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580794504448364","idStr":"3580794504448364"},"themes":[],"htmlText":"RIP Queen.","listText":"RIP Queen.","text":"RIP Queen.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9936796910","isVote":1,"tweetType":1,"viewCount":2916,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936791146,"gmtCreate":1662821705585,"gmtModify":1676537146195,"author":{"id":"3580794504448364","authorId":"3580794504448364","name":"MaomaoMai","avatar":"https://static.tigerbbs.com/69eb5a3be56ce07900796d631f9b794d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580794504448364","idStr":"3580794504448364"},"themes":[],"htmlText":"RIP. Your duties are completed.&nbsp;","listText":"RIP. Your duties are completed.&nbsp;","text":"RIP. Your duties are completed.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9936791146","isVote":1,"tweetType":1,"viewCount":3720,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931663516,"gmtCreate":1662450352236,"gmtModify":1676537062781,"author":{"id":"3580794504448364","authorId":"3580794504448364","name":"MaomaoMai","avatar":"https://static.tigerbbs.com/69eb5a3be56ce07900796d631f9b794d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580794504448364","idStr":"3580794504448364"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931663516","repostId":"2265105088","repostType":2,"isVote":1,"tweetType":1,"viewCount":3014,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9991288832,"gmtCreate":1660840278330,"gmtModify":1676536409021,"author":{"id":"3580794504448364","authorId":"3580794504448364","name":"MaomaoMai","avatar":"https://static.tigerbbs.com/69eb5a3be56ce07900796d631f9b794d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580794504448364","idStr":"3580794504448364"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$</a>How is this going to end?","listText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$</a>How is this going to end?","text":"$NIO Inc.(NIO)$How is this going to end?","images":[{"img":"https://community-static.tradeup.com/news/8af53e57fba54b1e20f025809bba609a","width":"1170","height":"4167"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9991288832","isVote":1,"tweetType":1,"viewCount":3345,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9908820528,"gmtCreate":1659361775364,"gmtModify":1705979490958,"author":{"id":"3580794504448364","authorId":"3580794504448364","name":"MaomaoMai","avatar":"https://static.tigerbbs.com/69eb5a3be56ce07900796d631f9b794d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580794504448364","idStr":"3580794504448364"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/QQQ\">$Nasdaq 100 ETF(QQQ)$</a>Volatility ETF DCA","listText":"<a href=\"https://ttm.financial/S/QQQ\">$Nasdaq 100 ETF(QQQ)$</a>Volatility ETF DCA","text":"$Nasdaq 100 ETF(QQQ)$Volatility ETF DCA","images":[{"img":"https://community-static.tradeup.com/news/9c52ab41a510b0321d05e90a64f51a17","width":"1170","height":"3819"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9908820528","isVote":1,"tweetType":1,"viewCount":2465,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9901657054,"gmtCreate":1659196199178,"gmtModify":1676536270765,"author":{"id":"3580794504448364","authorId":"3580794504448364","name":"MaomaoMai","avatar":"https://static.tigerbbs.com/69eb5a3be56ce07900796d631f9b794d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580794504448364","idStr":"3580794504448364"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a>Did u miss the bull run?&nbsp;","listText":"<a href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a>Did u miss the bull run?&nbsp;","text":"$S&P 500(.SPX)$Did u miss the bull run?","images":[{"img":"https://community-static.tradeup.com/news/addfa8e9752a26921e6f48c93037e870","width":"1170","height":"2265"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901657054","isVote":1,"tweetType":1,"viewCount":1166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9901654230,"gmtCreate":1659196128220,"gmtModify":1676536270757,"author":{"id":"3580794504448364","authorId":"3580794504448364","name":"MaomaoMai","avatar":"https://static.tigerbbs.com/69eb5a3be56ce07900796d631f9b794d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580794504448364","idStr":"3580794504448364"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901654230","repostId":"2255943595","repostType":4,"repost":{"id":"2255943595","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1659135413,"share":"https://ttm.financial/m/news/2255943595?lang=en_US&edition=fundamental","pubTime":"2022-07-30 06:56","market":"us","language":"en","title":"S&P 500, Nasdaq Register Biggest Monthly Gains Since 2020","url":"https://stock-news.laohu8.com/highlight/detail?id=2255943595","media":"Reuters","summary":"* Apple sees continued strength in demand for iPhone* Amazon expects higher revenue in third quarter","content":"<html><head></head><body><p>* Apple sees continued strength in demand for iPhone</p><p>* Amazon expects higher revenue in third quarter</p><p>* Intel cuts annual forecasts, shares slide</p><p>* Oil giants Exxon, Chevron jump after record revenue</p><p>* Indexes: Dow up 1%, S&amp;P 500 up 1.4%, Nasdaq up 1.9%</p><p>NEW YORK, July 29 (Reuters) - U.S. stocks added to their recent rally on Friday after upbeat forecasts from Apple and Amazon.com, and the S&amp;P 500 and Nasdaq posted their biggest monthly percentage gains since 2020.</p><p>Most S&amp;P 500 sectors ended higher, with energy rising 4.5%, the most of any S&amp;P sector. Chevron Corp rose 8.9% and Exxon Mobil shares jumped 4.6% after the companies reported record quarterly revenues.</p><p>Apple Inc shares gained 3.3% after the company said parts shortages were easing and that demand for iPhones was continuing. Amazon.com Inc shot up 10.4% after it forecast a jump in third-quarter revenue from bigger fees from its Prime loyalty subscriptions.</p><p>&#34;In today&#39;s market, the Amazon and Apple numbers are giving the market support (on) the idea that two large companies that are a large part of the S&amp;P seem so far to be able to navigate through these tougher times,&#34; said Rick Meckler, partner at Cherry Lane Investments, a family investment office in New Vernon, New Jersey.</p><p>Stocks have also rallied this week on investor speculation that the Federal Reserve may not need to be as aggressive with interest rate hikes as some had feared.</p><p>The Dow Jones Industrial Average rose 315.5 points, or 0.97%, to 32,845.13; the S&amp;P 500 gained 57.86 points, or 1.42%, to 4,130.29 and the Nasdaq Composite added 228.10 points, or 1.88%, to 12,390.69.</p><p>All three major indexes gained for the month and for the week. The S&amp;P 500 gained about 9.1% for July in its biggest monthly percentage gain since November 2020, while the Nasdaq jumped about 12.3% in July in its biggest monthly gain since April 2020.</p><p>In other earnings, Intel Corp shares fell 8.6% after the company cut annual sales and profit forecasts and missed second-quarter estimates.</p><p>Second-quarter U.S. corporate results have mostly been stronger than expected.</p><p>Of the 279 S&amp;P 500 companies that have reported earnings so far, 77.8% have exceeded expectations. Earnings for S&amp;P 500 companies now are expected to have increased 7.1% in the quarter versus an estimated 5.6% at the start of July, according to IBES data from Refinitiv.</p><p>The day&#39;s economic data showed U.S. labor costs increased strongly in the second quarter as a tight jobs market boosted wage growth.</p><p>But on Thursday, a government report showed the American economy unexpectedly contracted in the second quarter, suggesting to some investors that the economy was on the cusp of a recession. They said it might deter the Fed from continuing to aggressively increase rates as it battles high inflation.</p><p>Volume on U.S. exchanges was 11.35 billion shares, compared with the 10.79 billion-share average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.92-to-1 ratio; on Nasdaq, a 1.44-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted three new 52-week highs and 33 new lows; the Nasdaq Composite recorded 63 new highs and 82 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500, Nasdaq Register Biggest Monthly Gains Since 2020</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\">\nS&P 500, Nasdaq Register Biggest Monthly Gains Since 2020\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-07-30 06:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Apple sees continued strength in demand for iPhone</p><p>* Amazon expects higher revenue in third quarter</p><p>* Intel cuts annual forecasts, shares slide</p><p>* Oil giants Exxon, Chevron jump after record revenue</p><p>* Indexes: Dow up 1%, S&amp;P 500 up 1.4%, Nasdaq up 1.9%</p><p>NEW YORK, July 29 (Reuters) - U.S. stocks added to their recent rally on Friday after upbeat forecasts from Apple and Amazon.com, and the S&amp;P 500 and Nasdaq posted their biggest monthly percentage gains since 2020.</p><p>Most S&amp;P 500 sectors ended higher, with energy rising 4.5%, the most of any S&amp;P sector. Chevron Corp rose 8.9% and Exxon Mobil shares jumped 4.6% after the companies reported record quarterly revenues.</p><p>Apple Inc shares gained 3.3% after the company said parts shortages were easing and that demand for iPhones was continuing. Amazon.com Inc shot up 10.4% after it forecast a jump in third-quarter revenue from bigger fees from its Prime loyalty subscriptions.</p><p>&#34;In today&#39;s market, the Amazon and Apple numbers are giving the market support (on) the idea that two large companies that are a large part of the S&amp;P seem so far to be able to navigate through these tougher times,&#34; said Rick Meckler, partner at Cherry Lane Investments, a family investment office in New Vernon, New Jersey.</p><p>Stocks have also rallied this week on investor speculation that the Federal Reserve may not need to be as aggressive with interest rate hikes as some had feared.</p><p>The Dow Jones Industrial Average rose 315.5 points, or 0.97%, to 32,845.13; the S&amp;P 500 gained 57.86 points, or 1.42%, to 4,130.29 and the Nasdaq Composite added 228.10 points, or 1.88%, to 12,390.69.</p><p>All three major indexes gained for the month and for the week. The S&amp;P 500 gained about 9.1% for July in its biggest monthly percentage gain since November 2020, while the Nasdaq jumped about 12.3% in July in its biggest monthly gain since April 2020.</p><p>In other earnings, Intel Corp shares fell 8.6% after the company cut annual sales and profit forecasts and missed second-quarter estimates.</p><p>Second-quarter U.S. corporate results have mostly been stronger than expected.</p><p>Of the 279 S&amp;P 500 companies that have reported earnings so far, 77.8% have exceeded expectations. Earnings for S&amp;P 500 companies now are expected to have increased 7.1% in the quarter versus an estimated 5.6% at the start of July, according to IBES data from Refinitiv.</p><p>The day&#39;s economic data showed U.S. labor costs increased strongly in the second quarter as a tight jobs market boosted wage growth.</p><p>But on Thursday, a government report showed the American economy unexpectedly contracted in the second quarter, suggesting to some investors that the economy was on the cusp of a recession. They said it might deter the Fed from continuing to aggressively increase rates as it battles high inflation.</p><p>Volume on U.S. exchanges was 11.35 billion shares, compared with the 10.79 billion-share average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.92-to-1 ratio; on Nasdaq, a 1.44-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted three new 52-week highs and 33 new lows; the Nasdaq Composite recorded 63 new highs and 82 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","SDS":"两倍做空标普500 ETF-ProShares",".IXIC":"NASDAQ Composite","UPRO":"三倍做多标普500ETF-ProShares","OEF":"标普100指数ETF-iShares","AMZN":"亚马逊","OEX":"标普100","CVX":"雪佛龙","SPXU":"三倍做空标普500ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares","BK4559":"巴菲特持仓","INTC":"英特尔","IVV":"标普500ETF-iShares","BK4550":"红杉资本持仓","SPY":"标普500ETF","SH":"做空标普500-Proshares","BK4581":"高盛持仓","AAPL":"苹果","XOM":"埃克森美孚"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255943595","content_text":"* Apple sees continued strength in demand for iPhone* Amazon expects higher revenue in third quarter* Intel cuts annual forecasts, shares slide* Oil giants Exxon, Chevron jump after record revenue* Indexes: Dow up 1%, S&P 500 up 1.4%, Nasdaq up 1.9%NEW YORK, July 29 (Reuters) - U.S. stocks added to their recent rally on Friday after upbeat forecasts from Apple and Amazon.com, and the S&P 500 and Nasdaq posted their biggest monthly percentage gains since 2020.Most S&P 500 sectors ended higher, with energy rising 4.5%, the most of any S&P sector. Chevron Corp rose 8.9% and Exxon Mobil shares jumped 4.6% after the companies reported record quarterly revenues.Apple Inc shares gained 3.3% after the company said parts shortages were easing and that demand for iPhones was continuing. Amazon.com Inc shot up 10.4% after it forecast a jump in third-quarter revenue from bigger fees from its Prime loyalty subscriptions.\"In today's market, the Amazon and Apple numbers are giving the market support (on) the idea that two large companies that are a large part of the S&P seem so far to be able to navigate through these tougher times,\" said Rick Meckler, partner at Cherry Lane Investments, a family investment office in New Vernon, New Jersey.Stocks have also rallied this week on investor speculation that the Federal Reserve may not need to be as aggressive with interest rate hikes as some had feared.The Dow Jones Industrial Average rose 315.5 points, or 0.97%, to 32,845.13; the S&P 500 gained 57.86 points, or 1.42%, to 4,130.29 and the Nasdaq Composite added 228.10 points, or 1.88%, to 12,390.69.All three major indexes gained for the month and for the week. The S&P 500 gained about 9.1% for July in its biggest monthly percentage gain since November 2020, while the Nasdaq jumped about 12.3% in July in its biggest monthly gain since April 2020.In other earnings, Intel Corp shares fell 8.6% after the company cut annual sales and profit forecasts and missed second-quarter estimates.Second-quarter U.S. corporate results have mostly been stronger than expected.Of the 279 S&P 500 companies that have reported earnings so far, 77.8% have exceeded expectations. Earnings for S&P 500 companies now are expected to have increased 7.1% in the quarter versus an estimated 5.6% at the start of July, according to IBES data from Refinitiv.The day's economic data showed U.S. labor costs increased strongly in the second quarter as a tight jobs market boosted wage growth.But on Thursday, a government report showed the American economy unexpectedly contracted in the second quarter, suggesting to some investors that the economy was on the cusp of a recession. They said it might deter the Fed from continuing to aggressively increase rates as it battles high inflation.Volume on U.S. exchanges was 11.35 billion shares, compared with the 10.79 billion-share average for the full session over the last 20 trading days.Advancing issues outnumbered declining ones on the NYSE by a 2.92-to-1 ratio; on Nasdaq, a 1.44-to-1 ratio favored advancers.The S&P 500 posted three new 52-week highs and 33 new lows; the Nasdaq Composite recorded 63 new highs and 82 new lows.","news_type":1,"symbols_score_info":{"AAPL":0.9,".SPX":0.9,"IVV":0.6,".DJI":0.9,"UPRO":0.6,"SSO":0.6,"AMZN":0.9,"SPY":1,"OEX":0.6,"OEF":0.6,".IXIC":0.9,"INTC":0.9,"SH":0.6,"CVX":0.9,"XOM":0.9,"SDS":0.6,"SPXU":0.6}},"isVote":1,"tweetType":1,"viewCount":1510,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9903186739,"gmtCreate":1658983245122,"gmtModify":1676536239829,"author":{"id":"3580794504448364","authorId":"3580794504448364","name":"MaomaoMai","avatar":"https://static.tigerbbs.com/69eb5a3be56ce07900796d631f9b794d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580794504448364","idStr":"3580794504448364"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>Oh when will I see it turn?","listText":"<a href=\"https://ttm.financial/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>Oh when will I see it turn?","text":"$ARK Innovation ETF(ARKK)$Oh when will I see it turn?","images":[{"img":"https://community-static.tradeup.com/news/6e1f9c654f22ff9363c3326fddc73b1e","width":"1170","height":"2292"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9903186739","isVote":1,"tweetType":1,"viewCount":915,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9903186851,"gmtCreate":1658983154373,"gmtModify":1676536239813,"author":{"id":"3580794504448364","authorId":"3580794504448364","name":"MaomaoMai","avatar":"https://static.tigerbbs.com/69eb5a3be56ce07900796d631f9b794d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580794504448364","idStr":"3580794504448364"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a>Will it break 4,100 before month end?","listText":"<a href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a>Will it break 4,100 before month end?","text":"$S&P 500(.SPX)$Will it break 4,100 before month end?","images":[{"img":"https://community-static.tradeup.com/news/ac0f7a24d598f934b75f907e2abbb665","width":"1170","height":"2265"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9903186851","isVote":1,"tweetType":1,"viewCount":1217,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9074839670,"gmtCreate":1658328413990,"gmtModify":1676536141650,"author":{"id":"3580794504448364","authorId":"3580794504448364","name":"MaomaoMai","avatar":"https://static.tigerbbs.com/69eb5a3be56ce07900796d631f9b794d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580794504448364","idStr":"3580794504448364"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/ARKF\">$ARK Fintech Innovation ETF(ARKF)$</a>Well... tracking up slowly","listText":"<a href=\"https://ttm.financial/S/ARKF\">$ARK Fintech Innovation ETF(ARKF)$</a>Well... tracking up slowly","text":"$ARK Fintech Innovation ETF(ARKF)$Well... tracking up slowly","images":[{"img":"https://community-static.tradeup.com/news/f4c7320a737792458025722b148b2aef","width":"1170","height":"3939"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074839670","isVote":1,"tweetType":1,"viewCount":1284,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9075470793,"gmtCreate":1658249571412,"gmtModify":1676536128219,"author":{"id":"3580794504448364","authorId":"3580794504448364","name":"MaomaoMai","avatar":"https://static.tigerbbs.com/69eb5a3be56ce07900796d631f9b794d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580794504448364","idStr":"3580794504448364"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/QQQ\">$Nasdaq 100 ETF(QQQ)$</a>Running....","listText":"<a href=\"https://ttm.financial/S/QQQ\">$Nasdaq 100 ETF(QQQ)$</a>Running....","text":"$Nasdaq 100 ETF(QQQ)$Running....","images":[{"img":"https://community-static.tradeup.com/news/b1210d7edb7d0202b246be90a75c8c7d","width":"1170","height":"3819"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075470793","isVote":1,"tweetType":1,"viewCount":1721,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9075226139,"gmtCreate":1658207133721,"gmtModify":1676536122629,"author":{"id":"3580794504448364","authorId":"3580794504448364","name":"MaomaoMai","avatar":"https://static.tigerbbs.com/69eb5a3be56ce07900796d631f9b794d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580794504448364","idStr":"3580794504448364"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/ETHE\">$Grayscale Ethereum Trust (ETH)(ETHE)$</a>Keep it going!","listText":"<a href=\"https://ttm.financial/S/ETHE\">$Grayscale Ethereum Trust (ETH)(ETHE)$</a>Keep it going!","text":"$Grayscale Ethereum Trust (ETH)(ETHE)$Keep it going!","images":[{"img":"https://community-static.tradeup.com/news/c709bb06d8b3fb0fc03b56766c49d253","width":"1170","height":"2292"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075226139","isVote":1,"tweetType":1,"viewCount":1509,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9075223640,"gmtCreate":1658206569080,"gmtModify":1676536122575,"author":{"id":"3580794504448364","authorId":"3580794504448364","name":"MaomaoMai","avatar":"https://static.tigerbbs.com/69eb5a3be56ce07900796d631f9b794d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580794504448364","idStr":"3580794504448364"},"themes":[],"htmlText":"I also say.&nbsp;","listText":"I also say.&nbsp;","text":"I also say.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075223640","repostId":"1171411913","repostType":4,"repost":{"id":"1171411913","kind":"news","pubTimestamp":1658192392,"share":"https://ttm.financial/m/news/1171411913?lang=en_US&edition=fundamental","pubTime":"2022-07-19 08:59","market":"us","language":"en","title":"Cathie Wood Says Value of Traditional Automakers Could Fall More Than 60% in Next 5 Years","url":"https://stock-news.laohu8.com/highlight/detail?id=1171411913","media":"eeking Alpha","summary":"Cathie Wood and her ARK Invest firm believe that the auto industry will expand over the next few yea","content":"<html><head></head><body><p>Cathie Wood and her ARK Invest firm believe that the auto industry will expand over the next few years, at least as measured in the number of vehicles sold. However, she thinks automakers themselves will become less valuable, as the industry shifts to electric vehicles and self-driving options.</p><p>In addition, ARK Invest predicted that traditional automakers could see a drop in value of more than 60% over the next five years if autonomous taxi services become popular, potentially cutting into total auto sales.</p><p>In making its projection, ARK referenced that in 2021, the number of light vehicles sold worldwide totaled 78M and that the enterprise value of automakers sat at approximately $3.5T.</p><p>Per IHS Markit data, unit auto sales are set to increase at a 4.7% compound annual growth rate and hit a new high at 98M units in 2026.</p><p>ARK’s note said: “ARK’s Non-Autonomous EV Base Case agrees with the consensus view that unit sales will increase by 20 million during the next five years but that the enterprise value of global automakers is likely to drop roughly 20% to ~$2.8 trillion.”</p><p>The report added that if Wood and her team’s research is correct that autonomous taxi services take off, then vehicle unit sales are likely to drop 8% to 72 million. Moreover, enterprise value of traditional automakers would be cut by more than 60% to $1.3T.</p><p>ARK’s note stated: “We believe the auto industry is undergoing two profound shifts that are breaking the link between unit sales and enterprise value: a shift from the internal combustion engine to electric vehicles and, albeit early, a shift from human driven to autonomous vehicles.”</p><p>Related ARK ETFs along with notable automakers and their year-to-date price action: ARKK Innovation ETF (NYSEARCA:ARKK)-61.1%, ARK Autonomous Technology &amp; Robotics ETF (BATS:ARKQ)-34.4%, Ford Motor Company (F)-44%, Toyota Motor Corporation (TM)-15.2%, Volkswagen (OTCPK:VWAGY)-36.9%, General Motors (GM)-45.6%, and Honda Motor Co. (HMC)-13.2%.</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>Cathie Wood Says Value of Traditional Automakers Could Fall More Than 60% in Next 5 Years</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood Says Value of Traditional Automakers Could Fall More Than 60% in Next 5 Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-19 08:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3857617-cathie-woods-autonomous-forecast-suggests-that-the-auto-industry-enterprise-value-can-shrink-by-2026><strong>eeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood and her ARK Invest firm believe that the auto industry will expand over the next few years, at least as measured in the number of vehicles sold. However, she thinks automakers themselves ...</p>\n\n<a href=\"https://seekingalpha.com/news/3857617-cathie-woods-autonomous-forecast-suggests-that-the-auto-industry-enterprise-value-can-shrink-by-2026\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF"},"source_url":"https://seekingalpha.com/news/3857617-cathie-woods-autonomous-forecast-suggests-that-the-auto-industry-enterprise-value-can-shrink-by-2026","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171411913","content_text":"Cathie Wood and her ARK Invest firm believe that the auto industry will expand over the next few years, at least as measured in the number of vehicles sold. However, she thinks automakers themselves will become less valuable, as the industry shifts to electric vehicles and self-driving options.In addition, ARK Invest predicted that traditional automakers could see a drop in value of more than 60% over the next five years if autonomous taxi services become popular, potentially cutting into total auto sales.In making its projection, ARK referenced that in 2021, the number of light vehicles sold worldwide totaled 78M and that the enterprise value of automakers sat at approximately $3.5T.Per IHS Markit data, unit auto sales are set to increase at a 4.7% compound annual growth rate and hit a new high at 98M units in 2026.ARK’s note said: “ARK’s Non-Autonomous EV Base Case agrees with the consensus view that unit sales will increase by 20 million during the next five years but that the enterprise value of global automakers is likely to drop roughly 20% to ~$2.8 trillion.”The report added that if Wood and her team’s research is correct that autonomous taxi services take off, then vehicle unit sales are likely to drop 8% to 72 million. Moreover, enterprise value of traditional automakers would be cut by more than 60% to $1.3T.ARK’s note stated: “We believe the auto industry is undergoing two profound shifts that are breaking the link between unit sales and enterprise value: a shift from the internal combustion engine to electric vehicles and, albeit early, a shift from human driven to autonomous vehicles.”Related ARK ETFs along with notable automakers and their year-to-date price action: ARKK Innovation ETF (NYSEARCA:ARKK)-61.1%, ARK Autonomous Technology & Robotics ETF (BATS:ARKQ)-34.4%, Ford Motor Company (F)-44%, Toyota Motor Corporation (TM)-15.2%, Volkswagen (OTCPK:VWAGY)-36.9%, General Motors (GM)-45.6%, and Honda Motor Co. (HMC)-13.2%.","news_type":1,"symbols_score_info":{"ARKK":0.9}},"isVote":1,"tweetType":1,"viewCount":1060,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9071057408,"gmtCreate":1657435720104,"gmtModify":1676536008015,"author":{"id":"3580794504448364","authorId":"3580794504448364","name":"MaomaoMai","avatar":"https://static.tigerbbs.com/69eb5a3be56ce07900796d631f9b794d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580794504448364","idStr":"3580794504448364"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/DIS\">$Walt Disney(DIS)$</a>My free stock.","listText":"<a href=\"https://ttm.financial/S/DIS\">$Walt Disney(DIS)$</a>My free stock.","text":"$Walt Disney(DIS)$My free stock.","images":[{"img":"https://community-static.tradeup.com/news/ec6f5eff21b7aaae0f3e63ef82f9cb44","width":"1170","height":"2292"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9071057408","isVote":1,"tweetType":1,"viewCount":1298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9070713463,"gmtCreate":1657106095152,"gmtModify":1676535950071,"author":{"id":"3580794504448364","authorId":"3580794504448364","name":"MaomaoMai","avatar":"https://static.tigerbbs.com/69eb5a3be56ce07900796d631f9b794d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580794504448364","idStr":"3580794504448364"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$</a>To buy or not to buy?","listText":"<a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$</a>To buy or not to buy?","text":"$SPDR S&P 500 ETF Trust(SPY)$To buy or not to buy?","images":[{"img":"https://community-static.tradeup.com/news/5e49c329063b9eacfc567f513e2e99cf","width":"1170","height":"3924"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9070713463","isVote":1,"tweetType":1,"viewCount":1175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":9070734778,"gmtCreate":1657105303594,"gmtModify":1676535949981,"author":{"id":"3580794504448364","authorId":"3580794504448364","name":"MaomaoMai","avatar":"https://static.tigerbbs.com/69eb5a3be56ce07900796d631f9b794d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580794504448364","idStr":"3580794504448364"},"themes":[],"htmlText":"How much more lower income&nbsp;civilians and SMEs&nbsp;are going to get caught in loans and non repayment.&nbsp;","listText":"How much more lower income&nbsp;civilians and SMEs&nbsp;are going to get caught in loans and non repayment.&nbsp;","text":"How much more lower income civilians and SMEs are going to get caught in loans and non repayment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9070734778","repostId":"1115487982","repostType":4,"repost":{"id":"1115487982","kind":"news","pubTimestamp":1657085993,"share":"https://ttm.financial/m/news/1115487982?lang=en_US&edition=fundamental","pubTime":"2022-07-06 13:39","market":"us","language":"en","title":"Fed Minutes Could Bolster Bets for 75 Basis-Point Hike in July","url":"https://stock-news.laohu8.com/highlight/detail?id=1115487982","media":"Bloomberg","summary":"Record of debate at June meeting may yield clues on rate pathInflation expectations were leading top","content":"<div>\n<p>Record of debate at June meeting may yield clues on rate pathInflation expectations were leading topic of June discussionThe Federal Reserve will unveil details of what policy makers debated last ...</p>\n\n<a href=\"https://www.bloomberg.com/markets/fixed-income\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed Minutes Could Bolster Bets for 75 Basis-Point Hike in July</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\">\nFed Minutes Could Bolster Bets for 75 Basis-Point Hike in July\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-06 13:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/markets/fixed-income><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Record of debate at June meeting may yield clues on rate pathInflation expectations were leading topic of June discussionThe Federal Reserve will unveil details of what policy makers debated last ...</p>\n\n<a href=\"https://www.bloomberg.com/markets/fixed-income\">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",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/markets/fixed-income","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115487982","content_text":"Record of debate at June meeting may yield clues on rate pathInflation expectations were leading topic of June discussionThe Federal Reserve will unveil details of what policy makers debated last month that may shed light on how they view the near-term path for interest rates amid surging inflation and signs of a slowing economy.Chair Jerome Powell has said the Fed could hike by either 50 basis points or 75 basis points in July. He made the remarks at a June 15 press conference after policy makers raised rates by 75 basis points in the largest hike since 1994. The Fed will publish minutes of the meeting at 2 p.m. in Washington on Wednesday.Several policy makers since the June decision have said they are open to going big again at their meeting later this month to curb the hottest price pressures in 40 years. They include Fed Governors Michelle Bowman and Christopher Waller, as well as regional Fed presidents Loretta Mester, Mary Daly and Charles Evans.Updated quarterly projections of the 18 policy makers show the median participant on the Federal Open Market Committee sees rates rising to 3.4% at year’s end and 3.8% next year, from a current target range of 1.5% to 1.75%.“We will be looking for clues about the indicators that the committee will be weighing in its upcoming July meeting as it deliberates whether to hike 50 basis points or 75 basis points,” said Jonathan Millar, economist with Barclays Plc. The minutes might reinforce the idea “that the FOMC is prioritizing price stability over attaining a soft landing,” he said.The committee’s view of inflation expectations may well be a lengthy topic of discussion.“We expect the discussion in the minutes to indicate that policy makers were worried about the un-anchoring of inflation expectations. There may be multiple references of how high gasoline and food prices could affect households’ inflation psychology, justifying the Fed’s shift in placing more focus on headline inflation measures rather than just core measures as they usually do.”-- Anna Wong, chief US economistInflationIn his press conference following the Fed’s last meeting, Powell cited the preliminary University of Michigan survey of inflation expectations as among the factors prompting policy markets to raise rates by 75 basis points in a late shift.  The initial reading showed Americans expecting 3.3% inflation over the next five to 10 years, but that was revised down to 3.1% in the final report released June 24.“Are they putting more weight on consumer expectations -- which are mostly impacted by food and energy prices -- or are they worried about professional forecasters and markets, which suggest they have the issue under control?” said Drew Matus, chief market strategist with MetLife Investment Management. “It seems they are more focused on the consumer, but that is dangerous given how inflation expectations are driven.”While Powell has said now is not the time for “nuanced readings” on inflation, any discussion of the underlying dynamics of prices could be important, given the growing divergence between the Fed’s preferred measure of inflation, based on personal consumption, and the consumer price index, said Luke Tilley, Wilmington Trust’s chief economist.The minutes could also provide insights into how the FOMC would view a decline in economic activity. A number of Wall Street economists have lowered their forecasts for second-quarter growth, and the Atlanta Fed’s popular tracking estimate currently shows a contraction for the quarter, even as the labor market has stayed strong.Slowing GrowthWhile Powell has declared that the battle against high inflation is “unconditional,” the committee could have a range of views on whether it would be necessary to adjust plans in light of any softer data.“The most important thing will be any discussion around what might cause the Fed to deviate from the projected path,” said Stephen Stanley, economist at Amherst Pierpont Securities. “Powell has very much emphasized the inflation-fighting part of the job. The growth versus inflation aspects of monetary policy come into tension if the economy does slow down.”The odds of a US recession in the next year are38%in the next 12 months, according to the latest forecast of Bloomberg Economics, after consumer sentiment hit a record low and interest rates surged.While FOMC participants are not identified by name, the minutes could also give insight into whether others on the committee shared the concerns of Kansas City Fed chief Esther George, whose dissent from the 75 basis-point hike surprised Wall Street. George in previous years has been a hawk and only dissented in favor of tighter policy.In a statement on June 17, George said the size of the move, combined with the shrinking of the central bank’s balance sheet, created uncertainty about the outlook.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1086,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910762034,"gmtCreate":1663686161028,"gmtModify":1676537315819,"author":{"id":"3580794504448364","authorId":"3580794504448364","name":"MaomaoMai","avatar":"https://static.tigerbbs.com/69eb5a3be56ce07900796d631f9b794d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580794504448364","idStr":"3580794504448364"},"themes":[],"htmlText":"Thanks&nbsp;","listText":"Thanks&nbsp;","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9910762034","repostId":"2268391042","repostType":2,"repost":{"id":"2268391042","kind":"news","pubTimestamp":1663663883,"share":"https://ttm.financial/m/news/2268391042?lang=en_US&edition=fundamental","pubTime":"2022-09-20 16:51","market":"us","language":"en","title":"VOO: Fresh Lows Could Be Ahead","url":"https://stock-news.laohu8.com/highlight/detail?id=2268391042","media":"Seeking Alpha","summary":"SummaryVanguard S&P 500 ETF is not offering a buying opportunity after the latest selloff.The downtr","content":"<html><head></head><body><h2>Summary</h2><ul><li>Vanguard S&amp;P 500 ETF is not offering a buying opportunity after the latest selloff.</li><li>The downtrend is likely to accelerate in the coming months due to the looming recession and tightening monetary policies.</li><li>Investor sentiment and valuations would be impacted by a large percentage of downside earnings revisions.</li><li>The historical data also suggests that going long ahead of a recession is not a prudent strategy.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5056e902bdaef835ab02d4d345d0153e\" tg-width=\"1080\" tg-height=\"720\" width=\"100%\" height=\"auto\"/><span>ronniechua</span></p><p>The S&amp;P 500 is on the edge of a bear market once again as the recovery from mid-June to mid-August proved to be no more than a bear market rally, in my opinion. In the last thirty days, the indexplunged around 9% and is currently only a few percentage points higher than its mid-June lows. I believe the broader market index, as well as related ETFs such as the Vanguard S&amp;P 500 ETF (NYSEARCA:VOO), are likely to hit new lows in the coming months, and the bear trend might last longer than the recent routes. What’s more concerning is that global GDP growth and corporate earnings are projected to fall further in the next year. In addition, historical trends suggest that the market has a lot more room to fall. Therefore, buying the latest dip doesn’t look like a prudent strategy to me.</p><h2>Demand Destruction Pushing Economies into Recession</h2><h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dc3c3e1aa15446ec437054d90c22084f\" tg-width=\"1236\" tg-height=\"689\" width=\"100%\" height=\"auto\"/><span>True_insights (Bloomberg)</span></p></h2><p>Economic and monetary policy directly affect stock market performance. Historically, the US stock market has faced challenges when economic numbers drop, but bull markets usually occur when monetary conditions are easy and economic growth is stable. There have been 10 official U.S. recessions since 1957 and the stock market has lost 29% on average after each recession. In economics, high prices or limited supply guides demand destruction. A number of factors are contributing to demand destruction at the moment, including high inflation, tightening monetary policies, the Russian war, and the Chinese economic slowdown.</p><p>Rating agencies and the World Bank are cutting their GDP growth forecasts for 2022 and 2023 due to the negative impact of demand destruction on business activities. Fitch, for instance, slashed its 2022 global growth forecast for the third time in nine months to 2.4%, down by 0.5% from its June forecast. For 2023, it expects the global GDP to grow by only 1.7%. It also projects the eurozone and UK will enter recession in the December quarter of 2022, and that the recession will last longer. Fitch also predicts a mild recession in the United States in mid-2023.</p><h2>Earnings Revisions</h2><p>As it appears that economies will fall into recession from the December quarter, analysts and companies are cutting earnings expectations faster. For example, FedEx (FDX), one of the world&#39;s largest air freight and logistics companies, missed earnings expectations for the first quarter by a greater margin. Additionally, the company expects the situation to worsen in the next quarter.</p><blockquote>Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the U.S. We are swiftly addressing these headwinds, but given the speed at which conditions shifted, Q1 results are below our expectations, CEO Raj Subramaniam said.</blockquote><p>It&#39;s evident from FedEx&#39;s earnings miss that the market environment is worse than many had predicted. In the quarters ahead, industrial, materials, and real estate sectors could face massive earnings reductions as a slower economic activity directly impacts their revenue generation capacities. This trend is also reflected in Seeking Alpha&#39;s poor quant grades for a large number of key industrial stocks. In contrast, mega-cap tech stocks including Apple (AAPL), Microsoft (MSFT), Alphabet (GOOG) (GOOGL), Amazon (AMZN), Tesla (TSLA), Meta Platforms (META), and Nvidia (NVDA) have seen an average earningsestimatedrop of 21.4% over the last 90 days, while projections for 2023 have declined 11.3%. In the case of VOO, the majority of its top 10 stock holdings, including Apple, Microsoft, Alphabet, and Amazon have seen a large number of downside earnings revisions for 2022 and 2023.</p><h2>Valuations</h2><p>The S&amp;P 500’s forward price-to-earnings ratio eased to around 16.9 at present, down from 1.84% in the previous quarter and 8.76% in the year-ago period. When stocks hit their 2022 low in mid-June, the forward PE was around 16.</p><p>S&amp;P 500&#39;s forward PE ratio could fall below its June lows if the bear trend intensifies in the coming months. Historically, PE ratios have fallen between 13 and 14 during recessions since 1990, with the exception of 2008 when the PE fell below 10. Further, a significant amount of earnings revisions in the coming quarters would put additional pressure on valuations. Any rally in stocks without earnings growth would make them expensive, and it appears that investors might not be willing to pay premiums ahead of a recession and tough monetary conditions.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6e6a297993692762ac59f1dc1b1ea631\" tg-width=\"602\" tg-height=\"362\" width=\"100%\" height=\"auto\"/><span>yardeni.com (8 tech mega-caps forward PE)</span></p><p>There is also a big difference between the forward earnings ratio of the S&amp;P 500 and that of mega-cap tech stocks. Tech giants like Apple, Microsoft, Alphabet, Amazon, Tesla, Meta Platforms, Netflix (NFLX), and Nvidia account for almost a quarter of the overall weight of the S&amp;P 500 index and almost half of the S&amp;P 500 growth index. These mega-cap tech stocks have on average a forward 12-month price-to-earnings ratio of around 25. These stocks received either a D or F Seeking Alpha quant grade on valuations. S&amp;P 500 might face steep losses in the days ahead if sentiments turn against paying a premium for big tech stocks due to recession and earnings revisions.</p><h2>Capitulation Phase</h2><p>After hot CPI data and increasing prospects for recession, it appears that investors are selling stakes in fear of more losses, a situation known as a capitulation phase. In general, capitulation occurs during bear markets.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7939879a7b810f27e55c49b90c33d95b\" tg-width=\"592\" tg-height=\"402\" width=\"100%\" height=\"auto\"/><span>Coatue Management (Investor Presentation)</span></p><p>Coatue Management&#39;s investor presentation also hinted that the markets are in a capitulation phase where the entire stock market will fall before reaching its bottom. Philippe Laffont&#39;s investment firm held 80 percent of its portfolio in cash as of June 2022 following a large number of sales in the first half. Like the dot-com bear market, the firm says non-profitable tech stocks fell in the first phase of 2021. In the second phase, both non-profitable and profitable tech stocks plunged in the first half of 2022. In the third phase, which is called the capitulation phase, the firm predicts the entire public sector is likely to face a downtrend and this phase is likely to last longer than the first two.</p><h2>Conclusion</h2><p>It is not the right time to buy ETFs such as VOO that track the performance of the S&amp;P 500 index in my opinion. As several indicators are sending bear market warnings, the ETF is likely to suffer more losses in the months ahead. FedEx&#39;s poor results and lower outlook have raised concerns over significant earnings revisions for the full year and 2023. Sentiment would also be impacted by the worsening economic situation, as major economic regions are likely to enter recession in the fourth quarter. Furthermore, lofty valuations and historical trends indicate downside movement.</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>VOO: Fresh Lows Could Be Ahead</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\">\nVOO: Fresh Lows Could Be Ahead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-20 16:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4541903-voo-fresh-lows-could-be-ahead><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryVanguard S&P 500 ETF is not offering a buying opportunity after the latest selloff.The downtrend is likely to accelerate in the coming months due to the looming recession and tightening ...</p>\n\n<a href=\"https://seekingalpha.com/article/4541903-voo-fresh-lows-could-be-ahead\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VOO":"Vanguard标普500ETF"},"source_url":"https://seekingalpha.com/article/4541903-voo-fresh-lows-could-be-ahead","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2268391042","content_text":"SummaryVanguard S&P 500 ETF is not offering a buying opportunity after the latest selloff.The downtrend is likely to accelerate in the coming months due to the looming recession and tightening monetary policies.Investor sentiment and valuations would be impacted by a large percentage of downside earnings revisions.The historical data also suggests that going long ahead of a recession is not a prudent strategy.ronniechuaThe S&P 500 is on the edge of a bear market once again as the recovery from mid-June to mid-August proved to be no more than a bear market rally, in my opinion. In the last thirty days, the indexplunged around 9% and is currently only a few percentage points higher than its mid-June lows. I believe the broader market index, as well as related ETFs such as the Vanguard S&P 500 ETF (NYSEARCA:VOO), are likely to hit new lows in the coming months, and the bear trend might last longer than the recent routes. What’s more concerning is that global GDP growth and corporate earnings are projected to fall further in the next year. In addition, historical trends suggest that the market has a lot more room to fall. Therefore, buying the latest dip doesn’t look like a prudent strategy to me.Demand Destruction Pushing Economies into RecessionTrue_insights (Bloomberg)Economic and monetary policy directly affect stock market performance. Historically, the US stock market has faced challenges when economic numbers drop, but bull markets usually occur when monetary conditions are easy and economic growth is stable. There have been 10 official U.S. recessions since 1957 and the stock market has lost 29% on average after each recession. In economics, high prices or limited supply guides demand destruction. A number of factors are contributing to demand destruction at the moment, including high inflation, tightening monetary policies, the Russian war, and the Chinese economic slowdown.Rating agencies and the World Bank are cutting their GDP growth forecasts for 2022 and 2023 due to the negative impact of demand destruction on business activities. Fitch, for instance, slashed its 2022 global growth forecast for the third time in nine months to 2.4%, down by 0.5% from its June forecast. For 2023, it expects the global GDP to grow by only 1.7%. It also projects the eurozone and UK will enter recession in the December quarter of 2022, and that the recession will last longer. Fitch also predicts a mild recession in the United States in mid-2023.Earnings RevisionsAs it appears that economies will fall into recession from the December quarter, analysts and companies are cutting earnings expectations faster. For example, FedEx (FDX), one of the world's largest air freight and logistics companies, missed earnings expectations for the first quarter by a greater margin. Additionally, the company expects the situation to worsen in the next quarter.Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the U.S. We are swiftly addressing these headwinds, but given the speed at which conditions shifted, Q1 results are below our expectations, CEO Raj Subramaniam said.It's evident from FedEx's earnings miss that the market environment is worse than many had predicted. In the quarters ahead, industrial, materials, and real estate sectors could face massive earnings reductions as a slower economic activity directly impacts their revenue generation capacities. This trend is also reflected in Seeking Alpha's poor quant grades for a large number of key industrial stocks. In contrast, mega-cap tech stocks including Apple (AAPL), Microsoft (MSFT), Alphabet (GOOG) (GOOGL), Amazon (AMZN), Tesla (TSLA), Meta Platforms (META), and Nvidia (NVDA) have seen an average earningsestimatedrop of 21.4% over the last 90 days, while projections for 2023 have declined 11.3%. In the case of VOO, the majority of its top 10 stock holdings, including Apple, Microsoft, Alphabet, and Amazon have seen a large number of downside earnings revisions for 2022 and 2023.ValuationsThe S&P 500’s forward price-to-earnings ratio eased to around 16.9 at present, down from 1.84% in the previous quarter and 8.76% in the year-ago period. When stocks hit their 2022 low in mid-June, the forward PE was around 16.S&P 500's forward PE ratio could fall below its June lows if the bear trend intensifies in the coming months. Historically, PE ratios have fallen between 13 and 14 during recessions since 1990, with the exception of 2008 when the PE fell below 10. Further, a significant amount of earnings revisions in the coming quarters would put additional pressure on valuations. Any rally in stocks without earnings growth would make them expensive, and it appears that investors might not be willing to pay premiums ahead of a recession and tough monetary conditions.yardeni.com (8 tech mega-caps forward PE)There is also a big difference between the forward earnings ratio of the S&P 500 and that of mega-cap tech stocks. Tech giants like Apple, Microsoft, Alphabet, Amazon, Tesla, Meta Platforms, Netflix (NFLX), and Nvidia account for almost a quarter of the overall weight of the S&P 500 index and almost half of the S&P 500 growth index. These mega-cap tech stocks have on average a forward 12-month price-to-earnings ratio of around 25. These stocks received either a D or F Seeking Alpha quant grade on valuations. S&P 500 might face steep losses in the days ahead if sentiments turn against paying a premium for big tech stocks due to recession and earnings revisions.Capitulation PhaseAfter hot CPI data and increasing prospects for recession, it appears that investors are selling stakes in fear of more losses, a situation known as a capitulation phase. In general, capitulation occurs during bear markets.Coatue Management (Investor Presentation)Coatue Management's investor presentation also hinted that the markets are in a capitulation phase where the entire stock market will fall before reaching its bottom. Philippe Laffont's investment firm held 80 percent of its portfolio in cash as of June 2022 following a large number of sales in the first half. Like the dot-com bear market, the firm says non-profitable tech stocks fell in the first phase of 2021. In the second phase, both non-profitable and profitable tech stocks plunged in the first half of 2022. In the third phase, which is called the capitulation phase, the firm predicts the entire public sector is likely to face a downtrend and this phase is likely to last longer than the first two.ConclusionIt is not the right time to buy ETFs such as VOO that track the performance of the S&P 500 index in my opinion. As several indicators are sending bear market warnings, the ETF is likely to suffer more losses in the months ahead. FedEx's poor results and lower outlook have raised concerns over significant earnings revisions for the full year and 2023. Sentiment would also be impacted by the worsening economic situation, as major economic regions are likely to enter recession in the fourth quarter. Furthermore, lofty valuations and historical trends indicate downside movement.","news_type":1,"symbols_score_info":{"VOO":0.9}},"isVote":1,"tweetType":1,"viewCount":3286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9070719075,"gmtCreate":1657105662698,"gmtModify":1676535950034,"author":{"id":"3580794504448364","authorId":"3580794504448364","name":"MaomaoMai","avatar":"https://static.tigerbbs.com/69eb5a3be56ce07900796d631f9b794d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580794504448364","idStr":"3580794504448364"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/ARKF\">$ARK Fintech Innovation ETF(ARKF)$</a>Trending like Cryptos...&nbsp;","listText":"<a href=\"https://ttm.financial/S/ARKF\">$ARK Fintech Innovation ETF(ARKF)$</a>Trending like Cryptos...&nbsp;","text":"$ARK Fintech Innovation ETF(ARKF)$Trending like Cryptos...","images":[{"img":"https://community-static.tradeup.com/news/4a255047ed2a6a25474cf8a3ede21eb5","width":"1170","height":"2292"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9070719075","isVote":1,"tweetType":1,"viewCount":376,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9912739742,"gmtCreate":1664896552286,"gmtModify":1676537525428,"author":{"id":"3580794504448364","authorId":"3580794504448364","name":"MaomaoMai","avatar":"https://static.tigerbbs.com/69eb5a3be56ce07900796d631f9b794d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580794504448364","idStr":"3580794504448364"},"themes":[],"htmlText":"What goes up will come down vice versa.&nbsp;","listText":"What goes up will come down vice versa.&nbsp;","text":"What goes up will come down vice versa.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9912739742","repostId":"1125912452","repostType":2,"repost":{"id":"1125912452","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":1664896308,"share":"https://ttm.financial/m/news/1125912452?lang=en_US&edition=fundamental","pubTime":"2022-10-04 23:11","market":"us","language":"en","title":"U.S. Stocks Became Crazy in Morning Trading; Nasdaq Soared Over 3% While S&P 500 and Dow Jones Jumped Over 2.5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1125912452","media":"Tiger Newspress","summary":"U.S. stocks became crazy in morning trading; Nasdaq soared 3.26%, S&P 500 jumped 2.82% while Dow Jon","content":"<html><head></head><body><p>U.S. stocks became crazy in morning trading; Nasdaq soared 3.26%, S&amp;P 500 jumped 2.82% while Dow Jones rose 2.51%.</p><p><img src=\"https://static.tigerbbs.com/e46c2094d586e4f522859f19dd77410d\" tg-width=\"624\" tg-height=\"117\" width=\"100%\" height=\"auto\"/></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>U.S. Stocks Became Crazy in Morning Trading; Nasdaq Soared Over 3% While S&P 500 and Dow Jones Jumped Over 2.5%</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; 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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\">\nU.S. Stocks Became Crazy in Morning Trading; Nasdaq Soared Over 3% While S&P 500 and Dow Jones Jumped Over 2.5%\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\">2022-10-04 23:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks became crazy in morning trading; Nasdaq soared 3.26%, S&amp;P 500 jumped 2.82% while Dow Jones rose 2.51%.</p><p><img src=\"https://static.tigerbbs.com/e46c2094d586e4f522859f19dd77410d\" tg-width=\"624\" tg-height=\"117\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125912452","content_text":"U.S. stocks became crazy in morning trading; Nasdaq soared 3.26%, S&P 500 jumped 2.82% while Dow Jones rose 2.51%.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":2541,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936796910,"gmtCreate":1662821988130,"gmtModify":1676537146331,"author":{"id":"3580794504448364","authorId":"3580794504448364","name":"MaomaoMai","avatar":"https://static.tigerbbs.com/69eb5a3be56ce07900796d631f9b794d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580794504448364","idStr":"3580794504448364"},"themes":[],"htmlText":"RIP Queen.","listText":"RIP Queen.","text":"RIP Queen.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9936796910","isVote":1,"tweetType":1,"viewCount":2916,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931663516,"gmtCreate":1662450352236,"gmtModify":1676537062781,"author":{"id":"3580794504448364","authorId":"3580794504448364","name":"MaomaoMai","avatar":"https://static.tigerbbs.com/69eb5a3be56ce07900796d631f9b794d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580794504448364","idStr":"3580794504448364"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931663516","repostId":"2265105088","repostType":2,"isVote":1,"tweetType":1,"viewCount":3014,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9937967201,"gmtCreate":1663343420603,"gmtModify":1676537256633,"author":{"id":"3580794504448364","authorId":"3580794504448364","name":"MaomaoMai","avatar":"https://static.tigerbbs.com/69eb5a3be56ce07900796d631f9b794d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580794504448364","idStr":"3580794504448364"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>iphone14 queue doesn't seem to help?","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>iphone14 queue doesn't seem to help?","text":"$Apple(AAPL)$iphone14 queue doesn't seem to 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