+Follow
ykc5020
No personal profile
620
Follow
36
Followers
1
Topic
0
Badge
Posts
Hot
ykc5020
2022-07-19
$STRACO CORPORATION LIMITED(S85.SI)$
good read
ykc5020
2022-07-23
$DFIRG USD(D01.SI)$
[Cry] [Cry]
ykc5020
2023-02-23
$UOB APAC Green REIT ETF(GRN.SI)$
good read
ykc5020
2022-10-15
Good
US STOCKS-Wall St Drops As Consumer Data Stokes Inflation Worry
ykc5020
2022-08-21
$CSOP S-REITs INDEX ETF(SRT.SI)$
good read
ykc5020
2022-10-20
Good read
Sorry, the original content has been removed
ykc5020
2022-10-17
Gokay
ASX Drops 1.4pc in Broad Decline Dragging All Sectors Lower
ykc5020
2022-10-17
Good read
Tesla, Netflix Set to Report Earnings: What to Watch This Week
ykc5020
2022-06-17
$CSOP S-REITs INDEX ETF(SRT.SI)$
[Cry] [Cry] [Cry]
ykc5020
2022-09-25
Good
If You're Selling Stocks Because the Fed Is Hiking Interest Rates, You May Be Suffering From “Inflation Illusion”
Go to Tiger App to see more news
{"i18n":{"language":"en_US"},"userPageInfo":{"id":"3581931235333856","uuid":"3581931235333856","gmtCreate":1618837237927,"gmtModify":1677462377685,"name":"ykc5020","pinyin":"ykc5020","introduction":"","introductionEn":"","signature":"","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","hatId":"ca_profile_frame_DWr5S1","hatName":"","vip":1,"status":2,"fanSize":36,"headSize":620,"tweetSize":0,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":3,"name":"书生虎","nameTw":"書生虎","represent":"努力向上","factor":"发布10条非转发主帖,其中5条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":1,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":1,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.05.29","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"44212b71d0be4ec88898348dbe882e03-1","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Boss Tiger","description":"The transaction amount of the securities account reaches $100,000","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.05.10","exceedPercentage":"60.66%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.01.25","exceedPercentage":"60.44%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":4,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":12,"crmLevelSwitch":1,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":355596899070032,"gmtCreate":1727825224890,"gmtModify":1727825226887,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/355596899070032","repostId":"355331788247056","repostType":1,"repost":{"id":355331788247056,"gmtCreate":1727774106852,"gmtModify":1727828402004,"author":{"id":"3527667626267411","authorId":"3527667626267411","name":"Value_investing","avatar":"https://community-static.tradeup.com/news/89ffffc59ff9ac9cb9cb74f596418d44","crmLevel":0,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3527667626267411","idStr":"3527667626267411"},"themes":[],"title":"Should You Chase the Market or Stay on the Sidelines?","htmlText":"Following the Fed's moves, the People's Bank of China has jumped on the easing bandwagon too. Last week, U.S. markets showed strong technical demand, while this week, there's a huge bullish appetite in China and emerging markets.Over in the U.S., the <a href=\"https://ttm.financial/S/.SPX\">$S&P 500(.SPX)$</a> hit a new high last Thursday, and there's an initial rotation back into tech stocks. However, small caps have struggled since the Fed's rate cut. <a href=\"https://ttm.financial/S/.SPX\">$S&P 500(.SPX)$</a>Looking ahead, Goldman Sachs' chief trader and hedge fund research head, Tony Pasquariello, sums up investors’ dilemma: to chase the rally or not to chase?Pasquariello remains confident that the overall trend is upward, even though much of it is already priced in. There are two","listText":"Following the Fed's moves, the People's Bank of China has jumped on the easing bandwagon too. Last week, U.S. markets showed strong technical demand, while this week, there's a huge bullish appetite in China and emerging markets.Over in the U.S., the <a href=\"https://ttm.financial/S/.SPX\">$S&P 500(.SPX)$</a> hit a new high last Thursday, and there's an initial rotation back into tech stocks. However, small caps have struggled since the Fed's rate cut. <a href=\"https://ttm.financial/S/.SPX\">$S&P 500(.SPX)$</a>Looking ahead, Goldman Sachs' chief trader and hedge fund research head, Tony Pasquariello, sums up investors’ dilemma: to chase the rally or not to chase?Pasquariello remains confident that the overall trend is upward, even though much of it is already priced in. There are two","text":"Following the Fed's moves, the People's Bank of China has jumped on the easing bandwagon too. Last week, U.S. markets showed strong technical demand, while this week, there's a huge bullish appetite in China and emerging markets.Over in the U.S., the $S&P 500(.SPX)$ hit a new high last Thursday, and there's an initial rotation back into tech stocks. However, small caps have struggled since the Fed's rate cut. $S&P 500(.SPX)$Looking ahead, Goldman Sachs' chief trader and hedge fund research head, Tony Pasquariello, sums up investors’ dilemma: to chase the rally or not to chase?Pasquariello remains confident that the overall trend is upward, even though much of it is already priced in. There are two","images":[{"img":"https://community-static.tradeup.com/news/905a9cf6d580398f5f2db909554a8f87","width":"600","height":"375"},{"img":"https://community-static.tradeup.com/news/e449e8e8f40f988b25e8ffbf22f1b159","width":"560","height":"240"},{"img":"https://community-static.tradeup.com/news/6ca04fb507c3120fb5b6fe44f1e81547","width":"1587","height":"2245"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/355331788247056","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":4,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2552,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355627539505528,"gmtCreate":1727825215849,"gmtModify":1727825217921,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/355627539505528","repostId":"354906737537096","repostType":1,"repost":{"id":354906737537096,"gmtCreate":1727656722175,"gmtModify":1727773312128,"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3559581955535845","idStr":"3559581955535845"},"themes":[],"htmlText":"To All My Tiger Friends in China - Happy National Day and Golden Week. I love to visit Shanghai and Beijing again and again. They are both beautiful cities with lots to see, eat and shop. The Great Wall is a wonderful place to visit, filled with the majestic beauty of ancient China that is still with us today. May everyone be blessed with Good Health Happiness and Prosperity on this day 😍😍😍🚀🚀🚀🌛🌛🌛💰💰💰🍀🍀🍀🇨🇳🇨🇳🇨🇳","listText":"To All My Tiger Friends in China - Happy National Day and Golden Week. I love to visit Shanghai and Beijing again and again. They are both beautiful cities with lots to see, eat and shop. The Great Wall is a wonderful place to visit, filled with the majestic beauty of ancient China that is still with us today. May everyone be blessed with Good Health Happiness and Prosperity on this day 😍😍😍🚀🚀🚀🌛🌛🌛💰💰💰🍀🍀🍀🇨🇳🇨🇳🇨🇳","text":"To All My Tiger Friends in China - Happy National Day and Golden Week. I love to visit Shanghai and Beijing again and again. They are both beautiful cities with lots to see, eat and shop. The Great Wall is a wonderful place to visit, filled with the majestic beauty of ancient China that is still with us today. May everyone be blessed with Good Health Happiness and Prosperity on this day 😍😍😍🚀🚀🚀🌛🌛🌛💰💰💰🍀🍀🍀🇨🇳🇨🇳🇨🇳","images":[{"img":"https://community-static.tradeup.com/news/f58218fc6d9428541a8cfcbd71942681"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/354906737537096","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2587,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355597207171456,"gmtCreate":1727825199591,"gmtModify":1727825201979,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/355597207171456","repostId":"355309168627728","repostType":1,"repost":{"id":355309168627728,"gmtCreate":1727768584485,"gmtModify":1727768591709,"author":{"id":"9000000000000473","authorId":"9000000000000473","name":"jazzyxx","avatar":"https://static.tigerbbs.com/d1a5adfda0a67681de81ea87520fd88f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"9000000000000473","idStr":"9000000000000473"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a> <v-v data-views=\"0\"></v-v>I was buying like crazy anytime share prices fell under $70 but I also traded half my position away every time BABA got above $84.I wanted to keep some exposure to China, so almost all of my BABA gains were put into BYDDF <a href=\"https://ttm.financial/S/BYDDF\">$BYD Co., Ltd.(BYDDF)$</a> and TCOM <a href=\"https://ttm.financial/S/TCOM\">$Trip.com Group Limited(TCOM)$</a> which ended up giving me better returns than having kept it in BABA.That was not due to any particular market timing, just that I was tired of the mostly sideways of BABA and had determined being long might not be as rewarding as my original thesis. I thought BYDDF was better long and TCOM was even more undervalued than BABA and had a better","listText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a> <v-v data-views=\"0\"></v-v>I was buying like crazy anytime share prices fell under $70 but I also traded half my position away every time BABA got above $84.I wanted to keep some exposure to China, so almost all of my BABA gains were put into BYDDF <a href=\"https://ttm.financial/S/BYDDF\">$BYD Co., Ltd.(BYDDF)$</a> and TCOM <a href=\"https://ttm.financial/S/TCOM\">$Trip.com Group Limited(TCOM)$</a> which ended up giving me better returns than having kept it in BABA.That was not due to any particular market timing, just that I was tired of the mostly sideways of BABA and had determined being long might not be as rewarding as my original thesis. I thought BYDDF was better long and TCOM was even more undervalued than BABA and had a better","text":"$Alibaba(BABA)$ I was buying like crazy anytime share prices fell under $70 but I also traded half my position away every time BABA got above $84.I wanted to keep some exposure to China, so almost all of my BABA gains were put into BYDDF $BYD Co., Ltd.(BYDDF)$ and TCOM $Trip.com Group Limited(TCOM)$ which ended up giving me better returns than having kept it in BABA.That was not due to any particular market timing, just that I was tired of the mostly sideways of BABA and had determined being long might not be as rewarding as my original thesis. I thought BYDDF was better long and TCOM was even more undervalued than BABA and had a better","images":[{"img":"https://community-static.tradeup.com/news/30a34fe778dc08b700da1d2187e5bc87","width":"393","height":"241"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/355309168627728","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2765,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940839077,"gmtCreate":1677799780300,"gmtModify":1677799784023,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"Ggood ","listText":"Ggood ","text":"Ggood","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940839077","repostId":"9940024713","repostType":1,"repost":{"id":9940024713,"gmtCreate":1677617607033,"gmtModify":1677621088698,"author":{"id":"4098573842489750","authorId":"4098573842489750","name":"ToughCoyote","avatar":"https://static.tigerbbs.com/58563f63b7e52669e57762bb4ebee968","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098573842489750","idStr":"4098573842489750"},"themes":[],"title":"Is EV industry is going to their previous glory ? ","htmlText":"<a href=\"https://ttm.financial/S/LI\">$Li Auto(LI)$ </a>The performance exceeded expectations, and the net profit in the fourth quarter of last year increased by 41% to 96.8 million yuan, exceeding the expected estimate of 330 million yuan; the net profit was 265 million yuan. During the period, the operating profit increased by 37% to 569 million yuan on an annual basis, with an expected loss of 370 million yuan, which also turned into profit on a quarterly basis. Although the performance of Ideal Automobile exceeded market expectations, the annual net profit plummeted by 97.3% to 20.8 million yuan on an annual basis, and the net loss on account expanded to 2.03 billion yuan. The annual delivery of Ideal Automobile increased by 47.2% to 133 million vehicles year-round, and vehicle sal","listText":"<a href=\"https://ttm.financial/S/LI\">$Li Auto(LI)$ </a>The performance exceeded expectations, and the net profit in the fourth quarter of last year increased by 41% to 96.8 million yuan, exceeding the expected estimate of 330 million yuan; the net profit was 265 million yuan. During the period, the operating profit increased by 37% to 569 million yuan on an annual basis, with an expected loss of 370 million yuan, which also turned into profit on a quarterly basis. Although the performance of Ideal Automobile exceeded market expectations, the annual net profit plummeted by 97.3% to 20.8 million yuan on an annual basis, and the net loss on account expanded to 2.03 billion yuan. The annual delivery of Ideal Automobile increased by 47.2% to 133 million vehicles year-round, and vehicle sal","text":"$Li Auto(LI)$ The performance exceeded expectations, and the net profit in the fourth quarter of last year increased by 41% to 96.8 million yuan, exceeding the expected estimate of 330 million yuan; the net profit was 265 million yuan. During the period, the operating profit increased by 37% to 569 million yuan on an annual basis, with an expected loss of 370 million yuan, which also turned into profit on a quarterly basis. Although the performance of Ideal Automobile exceeded market expectations, the annual net profit plummeted by 97.3% to 20.8 million yuan on an annual basis, and the net loss on account expanded to 2.03 billion yuan. The annual delivery of Ideal Automobile increased by 47.2% to 133 million vehicles year-round, and vehicle sal","images":[],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940024713","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2800,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940830731,"gmtCreate":1677799667724,"gmtModify":1677799671364,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"Good ","listText":"Good ","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940830731","repostId":"9940979472","repostType":1,"repost":{"id":9940979472,"gmtCreate":1677671897797,"gmtModify":1677672766424,"author":{"id":"3527667618821228","authorId":"3527667618821228","name":"MillionaireTiger","avatar":"https://static.tigerbbs.com/dc558bf32e48ad6ed6d057026ef55af7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3527667618821228","idStr":"3527667618821228"},"themes":[],"title":"【Thursday Special】Are You Second Buffett or Antie Cathie? FOMO or YOLO?","htmlText":"Hey Tigers!Welcome to this week's Thursday Special! Today's topic is to measure your risk appetite.There are five types of personal risk appetite:The investor who sleeps peacefully every night: Protecting the principal from loss and maintaining the liquidity of assets are the primary goals. Never believe in luck, only in ability.FOMO investor: stability is an important consideration, hoping to get a certain amount of return on the basis of the safety of the principal. Buy or not buy? Sell or not sell? The opportunity slip away...Feel like the second Warren Buffett: Desire to have high investment returns, but not want to bear large risks; the pursuit of long-term benefits, and steady growth.“Aunt Cathie” Investor: Focuses on the short-term appreciatio","listText":"Hey Tigers!Welcome to this week's Thursday Special! Today's topic is to measure your risk appetite.There are five types of personal risk appetite:The investor who sleeps peacefully every night: Protecting the principal from loss and maintaining the liquidity of assets are the primary goals. Never believe in luck, only in ability.FOMO investor: stability is an important consideration, hoping to get a certain amount of return on the basis of the safety of the principal. Buy or not buy? Sell or not sell? The opportunity slip away...Feel like the second Warren Buffett: Desire to have high investment returns, but not want to bear large risks; the pursuit of long-term benefits, and steady growth.“Aunt Cathie” Investor: Focuses on the short-term appreciatio","text":"Hey Tigers!Welcome to this week's Thursday Special! Today's topic is to measure your risk appetite.There are five types of personal risk appetite:The investor who sleeps peacefully every night: Protecting the principal from loss and maintaining the liquidity of assets are the primary goals. Never believe in luck, only in ability.FOMO investor: stability is an important consideration, hoping to get a certain amount of return on the basis of the safety of the principal. Buy or not buy? Sell or not sell? The opportunity slip away...Feel like the second Warren Buffett: Desire to have high investment returns, but not want to bear large risks; the pursuit of long-term benefits, and steady growth.“Aunt Cathie” Investor: Focuses on the short-term appreciatio","images":[{"img":"https://community-static.tradeup.com/news/a368a28f42eec59edfade4d46f3e6730","width":"-1","height":"-1"},{"img":"https://community-static.tradeup.com/news/7eb0c86d5df74d78cd56d4b22b59642c","width":"-1","height":"-1"},{"img":"https://community-static.tradeup.com/news/60fbdcffc47910cf66b25db41e999e3c","width":"-1","height":"-1"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940979472","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"subType":2,"comments":[],"imageCount":5,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2987,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940830543,"gmtCreate":1677799626783,"gmtModify":1677799630199,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"Good ","listText":"Good ","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940830543","repostId":"9940946738","repostType":1,"repost":{"id":9940946738,"gmtCreate":1677667336325,"gmtModify":1677988432642,"author":{"id":"3527667620927015","authorId":"3527667620927015","name":"Tiger_Earnings","avatar":"https://static.tigerbbs.com/1849fb1fb43d93db3974fd09c5f65ff1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3527667620927015","idStr":"3527667620927015"},"themes":[],"title":"🎁Top Ex_dividend Stocks Next Week: BLK, HD, FDX, KMB, CHK, ADP…","htmlText":"Hi Tigers,💰Don't miss the last chance to buy the 18 top ex_dividend stocks next week💰Welcome tigers to reply on stock you are interested in and add your personal understandings of its business or earnings. Quality comments will be rewarded. Thanks!The following companies going to ex-dividends on 6 Mar--10 March 2023 EDT , each of the company with a dividend higher than $1 offer for each share.Please watch closely on the Last Chance(before Ex_Dividend Date) to buy the company if you still keep a bullish attitude on it, then you are eligible for the upcoming dividends.Top Ex-dividend over $1 during 6 Mar -10 Mar 2023EX-Dividend DateCompanyDividends Per Share($)Dividend Pa","listText":"Hi Tigers,💰Don't miss the last chance to buy the 18 top ex_dividend stocks next week💰Welcome tigers to reply on stock you are interested in and add your personal understandings of its business or earnings. Quality comments will be rewarded. Thanks!The following companies going to ex-dividends on 6 Mar--10 March 2023 EDT , each of the company with a dividend higher than $1 offer for each share.Please watch closely on the Last Chance(before Ex_Dividend Date) to buy the company if you still keep a bullish attitude on it, then you are eligible for the upcoming dividends.Top Ex-dividend over $1 during 6 Mar -10 Mar 2023EX-Dividend DateCompanyDividends Per Share($)Dividend Pa","text":"Hi Tigers,💰Don't miss the last chance to buy the 18 top ex_dividend stocks next week💰Welcome tigers to reply on stock you are interested in and add your personal understandings of its business or earnings. Quality comments will be rewarded. Thanks!The following companies going to ex-dividends on 6 Mar--10 March 2023 EDT , each of the company with a dividend higher than $1 offer for each share.Please watch closely on the Last Chance(before Ex_Dividend Date) to buy the company if you still keep a bullish attitude on it, then you are eligible for the upcoming dividends.Top Ex-dividend over $1 during 6 Mar -10 Mar 2023EX-Dividend DateCompanyDividends Per Share($)Dividend Pa","images":[{"img":"https://community-static.tradeup.com/news/0ba2b791d3cc615041fb018a0a97c798","width":"-1","height":"-1"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940946738","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":3179,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957875601,"gmtCreate":1677195172103,"gmtModify":1677195175568,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$ </a>good read ","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$ </a>good read ","text":"$Apple(AAPL)$ good read","images":[{"img":"https://community-static.tradeup.com/news/66803b52dccddbf5e5908439c5a399c5","width":"1080","height":"2072"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957875601","isVote":1,"tweetType":1,"viewCount":3178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9957876306,"gmtCreate":1677194606506,"gmtModify":1677194609731,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957876306","repostId":"9954517204","repostType":1,"repost":{"id":9954517204,"gmtCreate":1676463075908,"gmtModify":1676463094614,"author":{"id":"4106547232749330","authorId":"4106547232749330","name":"Tiger_SG","avatar":"https://community-static.tradeup.com/news/9eb57a835b72d997d1941fb6605d80a4","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4106547232749330","idStr":"4106547232749330"},"themes":[],"title":"[Reward] How Will SG 2023 Budget Impact on Your Life and Investing?","htmlText":"Welcome to READ the full PDF of <a href=\"https://www.mof.gov.sg/docs/librariesprovider3/budget2023/download/pdf/fy2023_budget_booklet_english.pdf\" target=\"_blank\">Singarpore 2023 Budget Booklet.</a>Singapore Finance Minister Lawrence Wong said the government will increase handouts( S$104 billion ($78.4 billion spending plan) to citizens to help offset a higher goods and services tax and rising living costs. On the other hand, taxes were raised on higher-value property, multinational firms, and luxury cars.Below are some Industry and SG stocks winners that may benefit from the new budget measurements.Welcome Tigers to reply to t","listText":"Welcome to READ the full PDF of <a href=\"https://www.mof.gov.sg/docs/librariesprovider3/budget2023/download/pdf/fy2023_budget_booklet_english.pdf\" target=\"_blank\">Singarpore 2023 Budget Booklet.</a>Singapore Finance Minister Lawrence Wong said the government will increase handouts( S$104 billion ($78.4 billion spending plan) to citizens to help offset a higher goods and services tax and rising living costs. On the other hand, taxes were raised on higher-value property, multinational firms, and luxury cars.Below are some Industry and SG stocks winners that may benefit from the new budget measurements.Welcome Tigers to reply to t","text":"Welcome to READ the full PDF of Singarpore 2023 Budget Booklet.Singapore Finance Minister Lawrence Wong said the government will increase handouts( S$104 billion ($78.4 billion spending plan) to citizens to help offset a higher goods and services tax and rising living costs. On the other hand, taxes were raised on higher-value property, multinational firms, and luxury cars.Below are some Industry and SG stocks winners that may benefit from the new budget measurements.Welcome Tigers to reply to t","images":[{"img":"https://community-static.tradeup.com/news/a67c954a87f90252a4fb3df5008911d7","width":"-1","height":"-1"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954517204","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2754,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957168813,"gmtCreate":1677108843633,"gmtModify":1677108848244,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GRN.SI\">$UOB APAC Green REIT ETF(GRN.SI)$ </a>good read ","listText":"<a href=\"https://ttm.financial/S/GRN.SI\">$UOB APAC Green REIT ETF(GRN.SI)$ </a>good read ","text":"$UOB APAC Green REIT ETF(GRN.SI)$ good read","images":[{"img":"https://community-static.tradeup.com/news/b71d911048113ccb020a53be563dbc36","width":"1080","height":"1957"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9957168813","isVote":1,"tweetType":1,"viewCount":3441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9983855609,"gmtCreate":1666222094901,"gmtModify":1676537723556,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"Good read ","listText":"Good read ","text":"Good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9983855609","repostId":"2276745435","repostType":4,"isVote":1,"tweetType":1,"viewCount":2832,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9989142922,"gmtCreate":1665963266166,"gmtModify":1676537682841,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"Good read ","listText":"Good read ","text":"Good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9989142922","repostId":"2275696889","repostType":4,"isVote":1,"tweetType":1,"viewCount":1834,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9989146439,"gmtCreate":1665963248622,"gmtModify":1676537682833,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"Good read ","listText":"Good read ","text":"Good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9989146439","repostId":"2275950254","repostType":4,"repost":{"id":"2275950254","kind":"news","pubTimestamp":1665889595,"share":"https://ttm.financial/m/news/2275950254?lang=en_US&edition=fundamental","pubTime":"2022-10-16 11:06","market":"us","language":"en","title":"Netflix: Does The Reward Outweigh The Risk?","url":"https://stock-news.laohu8.com/highlight/detail?id=2275950254","media":"Seeking Alpha","summary":"SummaryNetflix's business relies the most on subscriber growth, engaging content, and no competition","content":"<html><head></head><body><h2>Summary</h2><ul><li>Netflix's business relies the most on subscriber growth, engaging content, and no competition around.</li><li>The walls of Netflix's streaming kingdom have been cracking.</li><li>How long the business model can be sustainable with the industry going in the current direction?</li><li>Netflix is introducing ads to its platform, closing the door on password sharing, and keeps investing in content. It can also increase subscription fees which will drive its revenues higher.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6a83081a57cd588edb17a0e2f06bc272\" tg-width=\"1080\" tg-height=\"720\" width=\"100%\" height=\"auto\"/><span>hapabapa</span></p><p>Netflix (NASDAQ:NFLX) changed the way we watch and gave viewers freedom of when and how to consume movies and shows. The company evolved from a firm that shipped DVDs to its customers, to a streaming service giant with over 209million subscribers in more than 190 countries. It worked perfectly for years and investors were handsomely rewarded until the first competitors started to emerge, combined with a global economical weakness.</p><p>The company is one of the five FAANG behemoths that have ruled the broadly understood technology space which has been also reflected in its stock price. Interestingly, Netflix was the one that massively outperformed the rest of the group hitting almost 5000% in price appreciation in the 10-year period before the sudden drop that happened this year.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2c762bd547573c48c8bcd2a2f3eea650\" tg-width=\"640\" tg-height=\"222\" width=\"100%\" height=\"auto\"/><span>Price Return of the FAANG stocks over the last decade (Seeking Alpha)</span></p><p>Each of the FAANG companies has seen rapid revenue growth and some of them could compete for the best balance sheet in the world with significant cash reserves, solid margins, excellent returns on invested capital, consistent free cash flow, or ongoing share buyback programs. Unfortunately, Netflix can't brag about some of these. However, after the share price collapse the business might be an interesting pick when considering the Netflix brand, the number of active subscribers, the broad offering, and the recent moves made by the company that should be reflected in growing revenues.</p><p>The purpose of the article is to analyze the company from a value perspective, with a focus on risk, the margin of safety, and the long-term outlook for the business. In the process following questions should be answered.</p><p>1. Is the business model simple to understand?</p><p>2. Is it a <b>great</b> business?</p><p>3. What is the worst-case scenario for the company?</p><p>4. Is the business selling for a fair price?</p><p>5. Does the reward outweigh the risk and does the company qualify for purchase upon thorough analysis?</p><p>Answering these questions will help the reader to decide whether Netflix trades for a reasonable price and whether the company qualifies as a sound investment for the long term.</p><h2>The Moat</h2><p>Netflix has undoubtedly a very simple business model that is easy to understand. Nevertheless, a closer look should be given at the moat that the company has. Competitive advantage, also called a moat, is an essential part of an investment thesis. A moat can differentiate a good business from a great business. It gives the enterprise a sort of protection making it almost untouchable from the competition. It basically lets the company operate with little to no concern about its superiority and longevity. A great example of a business with such a moat is Disney (DIS) which happens to be a direct competitor of Netflix. In the article from January 11th, 2022, I contrasted both companies in terms of the moat as follows:</p><blockquote>However, if both companies were compared from a bigger perspective disregarding the financials and short-term sentiment, the following situation could be pictured to understand the fundamental difference between Disney and Netflix or in fact, any other competitor. Let's imagine that there are two companies with equally competent management. Both can be provided with all the funds they would need to grow their business. Each company is assigned a mission: one would have to dethrone Netflix as a leading streaming platform and the other - Disney. What might quickly become obvious is that no money in the World might help the second company to beat Disney at its game. The moat Disney has created over the century is something unique, which a long-term investor should be appealed to.</blockquote><p>These two businesses started being compared around the time Disney launched its direct-to-consumer (DTC) segment in December 2019. Since then, Amazon (AMZN) with its Amazon Prime, Apple (AAPL) with Apple+, Warner Bros. Discovery (WBD) with HBO Max, Paramount (PARA) with its Paramount+, and more players started flooding the market with their new offerings, and expanding libraries. Having an apparently narrow moat led to cracks in the walls of Netflix's streaming kingdom until the judgment day came when the company announced its earnings for the Q4 FY 2021 and the share price tumbled 20% on slowing subscriber growth. Over time it hit the bottom at $162.71 and it's currently trading at $221.68, far from the 52-week-high of <b>$700.99</b>. In addition, equity markets and macro economical environment have been weak for almost a year which makes investors even more hesitant to bet on Netflix. With competition posing a real threat to the company's business model, the streaming giant found itself in a very uncomfortable situation.</p><h2>Mounting Hurdles</h2><p>The company's narrowing moat has been exposed in recent years as its competitors started to withdraw from licensing its productions to Netflix. Instead, they could include them in their own streaming libraries and draw customers to alternative streaming platforms. At this point, Netflix has no bargaining power and the only thing it can do is to offer more money for the rights to include movies or shows in its libraries. Criminal Minds, the most-watched Netflix show in 2021, was pulled from Netflix and moved to Paramount+. Several Marvel productions also left Netflix and are now available on Disney+. The most-streamed show in 2020 on Netflix in the USA - The Office was removed from the platform as well. These are just a few examples of major content losses the company has experienced.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0a45fc12ac7e1b62982c434448d2f4ef\" tg-width=\"1280\" tg-height=\"720\" width=\"100%\" height=\"auto\"/><span>Pictured: After, The Amazing Spider-Man, Schitt's Creek, Hemlock Grove (whats-on-netflix.com)</span></p><p>Just in October 2022, there are <b>152 shows</b> and <b>movies</b> leaving Netflix! Among those are timeless movie creations such as I Am Legend (2007), Once Upon a Time in America (1984), Troy (2004), Full Metal Jacket (1987), and many more. Of course, the company constantly adds content. Just this month 143 positions are being added, as many as 90 of which are made by Netflix. An investor should ask himself if this is the right strategy and if the business model can be sustainable with the developments going in this direction.</p><p>A natural move for Netflix and seemingly the only chance to be less dependent on other studios was to focus at some point on original content. In 2016 2.6% of the whole content was original, while 97.4% was licensed. A shift in focus led to a drastic change in proportions where currently 50.7% of the films on Netflix are original productions. It has resulted in ballooning content costs which increased by 17.54% CAGR between 2018 and 2021. Expenses on produced content more than quadrupled from $1.02 billion in 2018 to $4.18 billion in 2021 in the same period of time. Unfortunately, these exponential cost hikes don't translate into subscriber growth which has been a key metric to value the company till recently. To keep viewers on its platform and gain significant numbers of new ones, Netflix would need shows like Squid Game much more often. Sad truth is that the originals have been far from high-quality in most cases. I touched on this matter in the article from January 11th, 2021</p><blockquote>On the other hand, there are many Netflix Originals that are terrible in terms of quality. Sadly, some of them rank below any current cinematographic standards.</blockquote><p>Contrasting Netflix with HBO Max, one can conclude that an HBO logo by the movie titles has always stood for the high-quality and best cinematographic experience. With Netflix originals, it looks quite the opposite. Before clicking Play, it'd be wise to double-check the ratings and reviews to save an hour or more of poor entertainment.</p><p>Disney launched its streaming platform at the perfect moment, which was two months before the pandemic started and people got locked at home watching movies and playing computer games. It's been less than three years and Disney with its Disney+, Hulu and ESPN+ overtook Netflix in terms of subscribers number.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ef60fb1f79dd61e80f87b7442fcf7d49\" tg-width=\"640\" tg-height=\"373\" width=\"100%\" height=\"auto\"/><span>Number of Subscribers: Disney vs. Netflix (genuineimpact)</span></p><p>This should have been one of the few crucial moments for anybody invested in Netflix to revisit the investment thesis and thoroughly think about the outlook of the company.</p><h2>Valuation</h2><p>There are plenty of valuation methods that can be used when valuing a company. Discounted earnings or discounted cash flow models are among the most popular ones. The value of a productive asset such as a business is in fact expressed by the present value of its all future cash flows. In the long run, however, earnings should match the free cash flow generated by the company. And here is the first red light when looking at Netflix financials.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/515c803bc1bbdce44b1a7ac0a8d38c8d\" tg-width=\"920\" tg-height=\"217\" width=\"100%\" height=\"auto\"/><span>Source: Author, with data from Seeking Alpha</span></p><p>The table below compares earnings per share (EPS) and free cash flow per share (FCF) over the last ten years. Thanks to the accounting technique called amortization, Netflix has made its earnings look very pretty. However, what really stands for the strength of a business is the free cash flow it generates over a long period of time. It's calculated in most cases as cash from operations minus capital expenditures. In the case of Netflix, it's very disturbing that there was no single year except for the year of the pandemic when Netflix had a positive free cash flow. The reason for this unbelievable cash drainage is again - content spending.</p><p><img src=\"https://static.tigerbbs.com/691577b13c22cb86115021e524384592\" tg-width=\"640\" tg-height=\"347\" width=\"100%\" height=\"auto\"/></p><p>Over the last three years, Netflix has spent substantial amounts of money on content, a big part of which is being amortized, which means that the loan payments are spread out over time. The management refers to it in the annual report:</p><blockquote>On average, over 90% of a licensed or produced content asset is expected to be amortized within four years after its month of first availability. The Company reviews factors impacting the amortization of the content assets on an ongoing basis. The Company's estimates related to these factors require considerable management judgment.</blockquote><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c4ed98a20a74798e8e324404bf4608f5\" tg-width=\"640\" tg-height=\"404\" width=\"100%\" height=\"auto\"/><span>Comparison of Netflix cash and debt positions (Author's diagram based on Seeking Alpha data)</span></p><p>As one can see, the issue with disproportional cash outflow and mounting debt, partially covered by the amortization of the content assets started in 2016 when the management decided to shift its focus to original content production. Since then the spiral of rising liabilities has been accelerating and currently, Netflix's total debt is 3 times higher than its total cash including short-term investments. Besides that, the company's Current Ratio and Quick Ratio which represent ratios of the total assets to total liabilities and current assets to current liabilities respectively, are below 1, which also indicates a mounting debt burden.</p><p>Since using a discounted cash flow method isn't possible due to the negative and unpredictable free cash flow, one can get a sense of Netflix's value with help of other methods.</p><p>A suitable method in this situation would be Discounted Earnings Model, where earnings growth is projected over the next ten years and a present value of all the future earnings is calculated.</p><p><b>Scenario 1</b></p><p>In the first scenario, Netflix's earnings growth outlook is at 23.3% in the first five years, as projected by Seeking Alpha. It was assumed that in the following years, growth will be half as high.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a51dd35927821d8fdb2c477cb1bee50f\" tg-width=\"640\" tg-height=\"513\" width=\"100%\" height=\"auto\"/><span>Discounted Earnings Model - Scenario 1 (Author's Calculation)</span></p><p>Assuming 10% as a discount rate and a 16% margin of safety (calculated in reference to the strength of the short-term and long-term health of the company), a fair price per share comes at $382.94. The result suggests that Netflix is a tremendous deal and a heavily undervalued asset being on sale. Of course, calculated fair share price depends on several factors. However, what should be considered with great caution are growth estimates. In the current environment with challenges Netflix has to face, a 23.3% earnings growth CAGR over five years might be very difficult to achieve.</p><p><b>Scenario 2</b></p><p>In Scenario 2, growth in the first five years was lowered to 11.7% and it's assumed it'll decrease to 5.8% CAGR in the following years before reaching perpetual growth of 2%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/07a0872bcbf88f08c8745fdb1b4c8c58\" tg-width=\"640\" tg-height=\"513\" width=\"100%\" height=\"auto\"/><span>Discounted Earnings Model - Scenario 2 (Author's Calculation)</span></p><p>The fair price of the business with such assumptions is substantially lower, as expected. However, these projections are supposed to take into account all the mentioned obstacles that Netflix faces. The projections are conservative, but the down risk is substantially limited by applying such growth values into the model. Assuming, that Scenario 2 is the preferable one for a conservative investor, Netflix has still room to fall in order to become an interesting investment choice.</p><h2>Conclusion</h2><p>Netflix is introducing ads to its platform ($6.99 for the ad-supported tier), closing the door on password sharing, and keeps investing in content. It can also increase subscription fees which will drive its revenues higher. There are probably more ways the company can get back to growth. If some of these growth drivers start materializing, the investment thesis can be revisited with more promising projections. Nevertheless, what the business relies on the most has been subscriber growth, engaging content, and no competition around. This has changed dramatically over the last years and the results could be seen in recent months. At some point, the company also has to start generating free cash flow. It didn't happen in the years of prosperity and it will be even more difficult in the bad years. Value investors may want to follow one of the investing principles shared by Charlie Munger - Vice President of Berkshire Hathaway (BRK.A):</p><blockquote>A great business at a fair price is superior to a fair business at a great price.</blockquote><p>One of the conclusions drawn from this article shall be that Netflix is not a great business. Thus it's better to stay away from it when considering a long-term, low-risk, high-reward investment. It doesn't mean that the stock price will not go up or not overperform the market or other equities over periods of time. It means that the risk of the business losing its position (which has already happened) is not low enough compared to the reward the investment may bring over a long period of time which should be at least 10 years.</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>Netflix: Does The Reward Outweigh The Risk?</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\">\nNetflix: Does The Reward Outweigh The Risk?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-16 11:06 GMT+8 <a href=https://seekingalpha.com/article/4546657-netflix-does-reward-outweigh-risk><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNetflix's business relies the most on subscriber growth, engaging content, and no competition around.The walls of Netflix's streaming kingdom have been cracking.How long the business model can ...</p>\n\n<a href=\"https://seekingalpha.com/article/4546657-netflix-does-reward-outweigh-risk\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://seekingalpha.com/article/4546657-netflix-does-reward-outweigh-risk","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275950254","content_text":"SummaryNetflix's business relies the most on subscriber growth, engaging content, and no competition around.The walls of Netflix's streaming kingdom have been cracking.How long the business model can be sustainable with the industry going in the current direction?Netflix is introducing ads to its platform, closing the door on password sharing, and keeps investing in content. It can also increase subscription fees which will drive its revenues higher.hapabapaNetflix (NASDAQ:NFLX) changed the way we watch and gave viewers freedom of when and how to consume movies and shows. The company evolved from a firm that shipped DVDs to its customers, to a streaming service giant with over 209million subscribers in more than 190 countries. It worked perfectly for years and investors were handsomely rewarded until the first competitors started to emerge, combined with a global economical weakness.The company is one of the five FAANG behemoths that have ruled the broadly understood technology space which has been also reflected in its stock price. Interestingly, Netflix was the one that massively outperformed the rest of the group hitting almost 5000% in price appreciation in the 10-year period before the sudden drop that happened this year.Price Return of the FAANG stocks over the last decade (Seeking Alpha)Each of the FAANG companies has seen rapid revenue growth and some of them could compete for the best balance sheet in the world with significant cash reserves, solid margins, excellent returns on invested capital, consistent free cash flow, or ongoing share buyback programs. Unfortunately, Netflix can't brag about some of these. However, after the share price collapse the business might be an interesting pick when considering the Netflix brand, the number of active subscribers, the broad offering, and the recent moves made by the company that should be reflected in growing revenues.The purpose of the article is to analyze the company from a value perspective, with a focus on risk, the margin of safety, and the long-term outlook for the business. In the process following questions should be answered.1. Is the business model simple to understand?2. Is it a great business?3. What is the worst-case scenario for the company?4. Is the business selling for a fair price?5. Does the reward outweigh the risk and does the company qualify for purchase upon thorough analysis?Answering these questions will help the reader to decide whether Netflix trades for a reasonable price and whether the company qualifies as a sound investment for the long term.The MoatNetflix has undoubtedly a very simple business model that is easy to understand. Nevertheless, a closer look should be given at the moat that the company has. Competitive advantage, also called a moat, is an essential part of an investment thesis. A moat can differentiate a good business from a great business. It gives the enterprise a sort of protection making it almost untouchable from the competition. It basically lets the company operate with little to no concern about its superiority and longevity. A great example of a business with such a moat is Disney (DIS) which happens to be a direct competitor of Netflix. In the article from January 11th, 2022, I contrasted both companies in terms of the moat as follows:However, if both companies were compared from a bigger perspective disregarding the financials and short-term sentiment, the following situation could be pictured to understand the fundamental difference between Disney and Netflix or in fact, any other competitor. Let's imagine that there are two companies with equally competent management. Both can be provided with all the funds they would need to grow their business. Each company is assigned a mission: one would have to dethrone Netflix as a leading streaming platform and the other - Disney. What might quickly become obvious is that no money in the World might help the second company to beat Disney at its game. The moat Disney has created over the century is something unique, which a long-term investor should be appealed to.These two businesses started being compared around the time Disney launched its direct-to-consumer (DTC) segment in December 2019. Since then, Amazon (AMZN) with its Amazon Prime, Apple (AAPL) with Apple+, Warner Bros. Discovery (WBD) with HBO Max, Paramount (PARA) with its Paramount+, and more players started flooding the market with their new offerings, and expanding libraries. Having an apparently narrow moat led to cracks in the walls of Netflix's streaming kingdom until the judgment day came when the company announced its earnings for the Q4 FY 2021 and the share price tumbled 20% on slowing subscriber growth. Over time it hit the bottom at $162.71 and it's currently trading at $221.68, far from the 52-week-high of $700.99. In addition, equity markets and macro economical environment have been weak for almost a year which makes investors even more hesitant to bet on Netflix. With competition posing a real threat to the company's business model, the streaming giant found itself in a very uncomfortable situation.Mounting HurdlesThe company's narrowing moat has been exposed in recent years as its competitors started to withdraw from licensing its productions to Netflix. Instead, they could include them in their own streaming libraries and draw customers to alternative streaming platforms. At this point, Netflix has no bargaining power and the only thing it can do is to offer more money for the rights to include movies or shows in its libraries. Criminal Minds, the most-watched Netflix show in 2021, was pulled from Netflix and moved to Paramount+. Several Marvel productions also left Netflix and are now available on Disney+. The most-streamed show in 2020 on Netflix in the USA - The Office was removed from the platform as well. These are just a few examples of major content losses the company has experienced.Pictured: After, The Amazing Spider-Man, Schitt's Creek, Hemlock Grove (whats-on-netflix.com)Just in October 2022, there are 152 shows and movies leaving Netflix! Among those are timeless movie creations such as I Am Legend (2007), Once Upon a Time in America (1984), Troy (2004), Full Metal Jacket (1987), and many more. Of course, the company constantly adds content. Just this month 143 positions are being added, as many as 90 of which are made by Netflix. An investor should ask himself if this is the right strategy and if the business model can be sustainable with the developments going in this direction.A natural move for Netflix and seemingly the only chance to be less dependent on other studios was to focus at some point on original content. In 2016 2.6% of the whole content was original, while 97.4% was licensed. A shift in focus led to a drastic change in proportions where currently 50.7% of the films on Netflix are original productions. It has resulted in ballooning content costs which increased by 17.54% CAGR between 2018 and 2021. Expenses on produced content more than quadrupled from $1.02 billion in 2018 to $4.18 billion in 2021 in the same period of time. Unfortunately, these exponential cost hikes don't translate into subscriber growth which has been a key metric to value the company till recently. To keep viewers on its platform and gain significant numbers of new ones, Netflix would need shows like Squid Game much more often. Sad truth is that the originals have been far from high-quality in most cases. I touched on this matter in the article from January 11th, 2021On the other hand, there are many Netflix Originals that are terrible in terms of quality. Sadly, some of them rank below any current cinematographic standards.Contrasting Netflix with HBO Max, one can conclude that an HBO logo by the movie titles has always stood for the high-quality and best cinematographic experience. With Netflix originals, it looks quite the opposite. Before clicking Play, it'd be wise to double-check the ratings and reviews to save an hour or more of poor entertainment.Disney launched its streaming platform at the perfect moment, which was two months before the pandemic started and people got locked at home watching movies and playing computer games. It's been less than three years and Disney with its Disney+, Hulu and ESPN+ overtook Netflix in terms of subscribers number.Number of Subscribers: Disney vs. Netflix (genuineimpact)This should have been one of the few crucial moments for anybody invested in Netflix to revisit the investment thesis and thoroughly think about the outlook of the company.ValuationThere are plenty of valuation methods that can be used when valuing a company. Discounted earnings or discounted cash flow models are among the most popular ones. The value of a productive asset such as a business is in fact expressed by the present value of its all future cash flows. In the long run, however, earnings should match the free cash flow generated by the company. And here is the first red light when looking at Netflix financials.Source: Author, with data from Seeking AlphaThe table below compares earnings per share (EPS) and free cash flow per share (FCF) over the last ten years. Thanks to the accounting technique called amortization, Netflix has made its earnings look very pretty. However, what really stands for the strength of a business is the free cash flow it generates over a long period of time. It's calculated in most cases as cash from operations minus capital expenditures. In the case of Netflix, it's very disturbing that there was no single year except for the year of the pandemic when Netflix had a positive free cash flow. The reason for this unbelievable cash drainage is again - content spending.Over the last three years, Netflix has spent substantial amounts of money on content, a big part of which is being amortized, which means that the loan payments are spread out over time. The management refers to it in the annual report:On average, over 90% of a licensed or produced content asset is expected to be amortized within four years after its month of first availability. The Company reviews factors impacting the amortization of the content assets on an ongoing basis. The Company's estimates related to these factors require considerable management judgment.Comparison of Netflix cash and debt positions (Author's diagram based on Seeking Alpha data)As one can see, the issue with disproportional cash outflow and mounting debt, partially covered by the amortization of the content assets started in 2016 when the management decided to shift its focus to original content production. Since then the spiral of rising liabilities has been accelerating and currently, Netflix's total debt is 3 times higher than its total cash including short-term investments. Besides that, the company's Current Ratio and Quick Ratio which represent ratios of the total assets to total liabilities and current assets to current liabilities respectively, are below 1, which also indicates a mounting debt burden.Since using a discounted cash flow method isn't possible due to the negative and unpredictable free cash flow, one can get a sense of Netflix's value with help of other methods.A suitable method in this situation would be Discounted Earnings Model, where earnings growth is projected over the next ten years and a present value of all the future earnings is calculated.Scenario 1In the first scenario, Netflix's earnings growth outlook is at 23.3% in the first five years, as projected by Seeking Alpha. It was assumed that in the following years, growth will be half as high.Discounted Earnings Model - Scenario 1 (Author's Calculation)Assuming 10% as a discount rate and a 16% margin of safety (calculated in reference to the strength of the short-term and long-term health of the company), a fair price per share comes at $382.94. The result suggests that Netflix is a tremendous deal and a heavily undervalued asset being on sale. Of course, calculated fair share price depends on several factors. However, what should be considered with great caution are growth estimates. In the current environment with challenges Netflix has to face, a 23.3% earnings growth CAGR over five years might be very difficult to achieve.Scenario 2In Scenario 2, growth in the first five years was lowered to 11.7% and it's assumed it'll decrease to 5.8% CAGR in the following years before reaching perpetual growth of 2%.Discounted Earnings Model - Scenario 2 (Author's Calculation)The fair price of the business with such assumptions is substantially lower, as expected. However, these projections are supposed to take into account all the mentioned obstacles that Netflix faces. The projections are conservative, but the down risk is substantially limited by applying such growth values into the model. Assuming, that Scenario 2 is the preferable one for a conservative investor, Netflix has still room to fall in order to become an interesting investment choice.ConclusionNetflix is introducing ads to its platform ($6.99 for the ad-supported tier), closing the door on password sharing, and keeps investing in content. It can also increase subscription fees which will drive its revenues higher. There are probably more ways the company can get back to growth. If some of these growth drivers start materializing, the investment thesis can be revisited with more promising projections. Nevertheless, what the business relies on the most has been subscriber growth, engaging content, and no competition around. This has changed dramatically over the last years and the results could be seen in recent months. At some point, the company also has to start generating free cash flow. It didn't happen in the years of prosperity and it will be even more difficult in the bad years. Value investors may want to follow one of the investing principles shared by Charlie Munger - Vice President of Berkshire Hathaway (BRK.A):A great business at a fair price is superior to a fair business at a great price.One of the conclusions drawn from this article shall be that Netflix is not a great business. Thus it's better to stay away from it when considering a long-term, low-risk, high-reward investment. It doesn't mean that the stock price will not go up or not overperform the market or other equities over periods of time. It means that the risk of the business losing its position (which has already happened) is not low enough compared to the reward the investment may bring over a long period of time which should be at least 10 years.","news_type":1,"symbols_score_info":{"NFLX":1}},"isVote":1,"tweetType":1,"viewCount":1408,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9989146182,"gmtCreate":1665963206946,"gmtModify":1676537682825,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"Good read ","listText":"Good read ","text":"Good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9989146182","repostId":"1190286364","repostType":4,"repost":{"id":"1190286364","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":1665962253,"share":"https://ttm.financial/m/news/1190286364?lang=en_US&edition=fundamental","pubTime":"2022-10-17 07:17","market":"us","language":"en","title":"Netflix Earnings Preview: Ad-Supported Tier Could Be a Major Catalyst","url":"https://stock-news.laohu8.com/highlight/detail?id=1190286364","media":"Tiger Newspress","summary":"Netflix is scheduled to report third-quarter earnings after the U.S. stock market closes on Tuesday,","content":"<html><head></head><body><p>Netflix is scheduled to report third-quarter earnings after the U.S. stock market closes on Tuesday, Oct. 18. Analysts anticipate revenues of Netflix to reach $7.85 billion, up 4.9% from the same period of the last year. Adjusted net income, however, is expected to slide 19.8% year-on-year to 1.05 billion.</p><p>The stock gained steam in the third quarter, with shares rising more than 30% during that period. Investors may be betting that the streaming platform specialist returned to sequential subscriber growth in the third quarter.</p><h2><img src=\"https://static.tigerbbs.com/79dfbe02f832c16c199b3fd0c1da2a40\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/>Latest Results</h2><p>The streaming giant's second-quarter results showed fewer-than-expected subscriber losses. Netflix reported EPS of $3.20, versus the consensus estimate of $2.96. Revenue grew 9% year-over-year to $7.97 billion, slightly below the consensus estimate of $8.03 billion.</p><p>Revenue growth was driven by a 6% increase in average paid memberships and a 2% increase in ARM (Average Revenue per Membership). Global streaming paid net additions in Q2 were -970,000, compared to the expected loss of 2 million.</p><h2>Q3 Guidance</h2><p>Netflix provided its Q3 outlook, expecting revenues of $7.84 billion, in line with the consensus estimate of $7.85 billion, and EPS of $2.14, compared to the consensus of $2.22. The company estimates 1 million global streaming paid net additions in Q3 (vs.4.4 million in 3Q21) after a loss of nearly 1.2 million in 1H..</p><p>The US dollar continues to strengthen meaningfully against most currencies, posting a significant headwind for all multinational US companies. Netflix has high exposure to this unprecedented appreciation in the USD because nearly 60% of the company’s revenue comes from outside the US.</p><p>Over the medium term, the company intends to adjust its business as appropriate given the relative strength of the USD to protect its operating margin and try to avoid immediate actions that could be detrimental to the business.</p><h2>Most Important Things to Watch</h2><h3>1. Ads could be a major catalyst</h3><p>For the first time in a long time, investors may not be focused on Netflix's subscriber growth, looking instead for details around the launch of a nascent ad-supported tier, which will provide a new revenue stream and may reignite user growth. Netflix will be launching a less expensive ad-supported tier for customers after losing 200,000 viewers in the March quarter. The subscriber count in the June quarter was down 970,000. The continued loss in subscribers comes during a time of economic uncertainty for many U.S. households, as inflation continues to soar and fears of a recession loom.</p><p>But J.P. Morgan analyst Doug Anmuth thinks the ad-supported tier in the U.S. and Canada is “critical to re-accelerating revenue, expanding Netflix ’s SAM (serviceable available market), and driving greater profitability.”</p><p>Anmuth estimates there will be 7.5 million ad-supported U.S. and Canada subscribers in 2023 and 22 million in 2026. He added that the ad-supported tier could generate overall revenue of about $1.2 billion in 2023 and $4.6 billion in 2026, including incremental revenue of $350 million in 2023 and $2.3 billion in 2026, “which would drive 2% upside to current 2023 estimates and 13% upside to 2026.” The analyst has a Neutral rating on the stock with a $240 price target.</p><h3>2. Subscriber growth</h3><p>After reporting two consecutive quarters of declining subscribers, Netflix management said in its second-quarter update that it expected to return to sequential growth in Q3. Specifically, management guided for 221.7 million subscribers, up from 220.7 million at the end of Q2.</p><p>To help membership growth, management said it has been investing in product, content, and marketing. Of course, this isn't anything new. Management noted in its second-quarter letter to shareholders that these are the same areas the streaming-TV company has invested in to drive membership growth for the last 25 years. But with two quarters of sequential declines in membership behind it, investors will be watching closely for these investments to start paying off.</p><p>Netflix cites a maturing market for connected TV adoption, account sharing, competition, and a difficult macroeconomic backdrop as some of the reasons for the company's stalled subscriber growth recently. A return to growth in the face of these challenges would be encouraging news for investors. And based on the stock's gain over the last three months, investors are likely expecting the company to achieve its third-quarter outlook for subscriber growth.</p><h2>Analyst Opinions</h2><p>Shares of Netflix earned multiple upgrades in September. Atlantic Equities analyst Hamilton Faber raised his rating for the video-streaming company to Overweight from Neutral, Oppenheimer’s analyst Jason Helfstein lifted his rating on the video streaming company to Outperform from Perform, and Evercore ISI analyst Mark Mahaney raised his rating on shares of Netflix to Outperform from In Line.</p><p>However, not all analysts are as optimistic. Also in Sept., Benchmark analyst Matthew Harrigan reaffirmed his Sell rating on the stock, citing overly optimistic ad pricing for its upcoming advertising-based service.</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>Netflix Earnings Preview: Ad-Supported Tier Could Be a Major Catalyst</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\">\nNetflix Earnings Preview: Ad-Supported Tier Could Be a Major Catalyst\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\">2022-10-17 07:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Netflix is scheduled to report third-quarter earnings after the U.S. stock market closes on Tuesday, Oct. 18. Analysts anticipate revenues of Netflix to reach $7.85 billion, up 4.9% from the same period of the last year. Adjusted net income, however, is expected to slide 19.8% year-on-year to 1.05 billion.</p><p>The stock gained steam in the third quarter, with shares rising more than 30% during that period. Investors may be betting that the streaming platform specialist returned to sequential subscriber growth in the third quarter.</p><h2><img src=\"https://static.tigerbbs.com/79dfbe02f832c16c199b3fd0c1da2a40\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/>Latest Results</h2><p>The streaming giant's second-quarter results showed fewer-than-expected subscriber losses. Netflix reported EPS of $3.20, versus the consensus estimate of $2.96. Revenue grew 9% year-over-year to $7.97 billion, slightly below the consensus estimate of $8.03 billion.</p><p>Revenue growth was driven by a 6% increase in average paid memberships and a 2% increase in ARM (Average Revenue per Membership). Global streaming paid net additions in Q2 were -970,000, compared to the expected loss of 2 million.</p><h2>Q3 Guidance</h2><p>Netflix provided its Q3 outlook, expecting revenues of $7.84 billion, in line with the consensus estimate of $7.85 billion, and EPS of $2.14, compared to the consensus of $2.22. The company estimates 1 million global streaming paid net additions in Q3 (vs.4.4 million in 3Q21) after a loss of nearly 1.2 million in 1H..</p><p>The US dollar continues to strengthen meaningfully against most currencies, posting a significant headwind for all multinational US companies. Netflix has high exposure to this unprecedented appreciation in the USD because nearly 60% of the company’s revenue comes from outside the US.</p><p>Over the medium term, the company intends to adjust its business as appropriate given the relative strength of the USD to protect its operating margin and try to avoid immediate actions that could be detrimental to the business.</p><h2>Most Important Things to Watch</h2><h3>1. Ads could be a major catalyst</h3><p>For the first time in a long time, investors may not be focused on Netflix's subscriber growth, looking instead for details around the launch of a nascent ad-supported tier, which will provide a new revenue stream and may reignite user growth. Netflix will be launching a less expensive ad-supported tier for customers after losing 200,000 viewers in the March quarter. The subscriber count in the June quarter was down 970,000. The continued loss in subscribers comes during a time of economic uncertainty for many U.S. households, as inflation continues to soar and fears of a recession loom.</p><p>But J.P. Morgan analyst Doug Anmuth thinks the ad-supported tier in the U.S. and Canada is “critical to re-accelerating revenue, expanding Netflix ’s SAM (serviceable available market), and driving greater profitability.”</p><p>Anmuth estimates there will be 7.5 million ad-supported U.S. and Canada subscribers in 2023 and 22 million in 2026. He added that the ad-supported tier could generate overall revenue of about $1.2 billion in 2023 and $4.6 billion in 2026, including incremental revenue of $350 million in 2023 and $2.3 billion in 2026, “which would drive 2% upside to current 2023 estimates and 13% upside to 2026.” The analyst has a Neutral rating on the stock with a $240 price target.</p><h3>2. Subscriber growth</h3><p>After reporting two consecutive quarters of declining subscribers, Netflix management said in its second-quarter update that it expected to return to sequential growth in Q3. Specifically, management guided for 221.7 million subscribers, up from 220.7 million at the end of Q2.</p><p>To help membership growth, management said it has been investing in product, content, and marketing. Of course, this isn't anything new. Management noted in its second-quarter letter to shareholders that these are the same areas the streaming-TV company has invested in to drive membership growth for the last 25 years. But with two quarters of sequential declines in membership behind it, investors will be watching closely for these investments to start paying off.</p><p>Netflix cites a maturing market for connected TV adoption, account sharing, competition, and a difficult macroeconomic backdrop as some of the reasons for the company's stalled subscriber growth recently. A return to growth in the face of these challenges would be encouraging news for investors. And based on the stock's gain over the last three months, investors are likely expecting the company to achieve its third-quarter outlook for subscriber growth.</p><h2>Analyst Opinions</h2><p>Shares of Netflix earned multiple upgrades in September. Atlantic Equities analyst Hamilton Faber raised his rating for the video-streaming company to Overweight from Neutral, Oppenheimer’s analyst Jason Helfstein lifted his rating on the video streaming company to Outperform from Perform, and Evercore ISI analyst Mark Mahaney raised his rating on shares of Netflix to Outperform from In Line.</p><p>However, not all analysts are as optimistic. Also in Sept., Benchmark analyst Matthew Harrigan reaffirmed his Sell rating on the stock, citing overly optimistic ad pricing for its upcoming advertising-based service.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190286364","content_text":"Netflix is scheduled to report third-quarter earnings after the U.S. stock market closes on Tuesday, Oct. 18. Analysts anticipate revenues of Netflix to reach $7.85 billion, up 4.9% from the same period of the last year. Adjusted net income, however, is expected to slide 19.8% year-on-year to 1.05 billion.The stock gained steam in the third quarter, with shares rising more than 30% during that period. Investors may be betting that the streaming platform specialist returned to sequential subscriber growth in the third quarter.Latest ResultsThe streaming giant's second-quarter results showed fewer-than-expected subscriber losses. Netflix reported EPS of $3.20, versus the consensus estimate of $2.96. Revenue grew 9% year-over-year to $7.97 billion, slightly below the consensus estimate of $8.03 billion.Revenue growth was driven by a 6% increase in average paid memberships and a 2% increase in ARM (Average Revenue per Membership). Global streaming paid net additions in Q2 were -970,000, compared to the expected loss of 2 million.Q3 GuidanceNetflix provided its Q3 outlook, expecting revenues of $7.84 billion, in line with the consensus estimate of $7.85 billion, and EPS of $2.14, compared to the consensus of $2.22. The company estimates 1 million global streaming paid net additions in Q3 (vs.4.4 million in 3Q21) after a loss of nearly 1.2 million in 1H..The US dollar continues to strengthen meaningfully against most currencies, posting a significant headwind for all multinational US companies. Netflix has high exposure to this unprecedented appreciation in the USD because nearly 60% of the company’s revenue comes from outside the US.Over the medium term, the company intends to adjust its business as appropriate given the relative strength of the USD to protect its operating margin and try to avoid immediate actions that could be detrimental to the business.Most Important Things to Watch1. Ads could be a major catalystFor the first time in a long time, investors may not be focused on Netflix's subscriber growth, looking instead for details around the launch of a nascent ad-supported tier, which will provide a new revenue stream and may reignite user growth. Netflix will be launching a less expensive ad-supported tier for customers after losing 200,000 viewers in the March quarter. The subscriber count in the June quarter was down 970,000. The continued loss in subscribers comes during a time of economic uncertainty for many U.S. households, as inflation continues to soar and fears of a recession loom.But J.P. Morgan analyst Doug Anmuth thinks the ad-supported tier in the U.S. and Canada is “critical to re-accelerating revenue, expanding Netflix ’s SAM (serviceable available market), and driving greater profitability.”Anmuth estimates there will be 7.5 million ad-supported U.S. and Canada subscribers in 2023 and 22 million in 2026. He added that the ad-supported tier could generate overall revenue of about $1.2 billion in 2023 and $4.6 billion in 2026, including incremental revenue of $350 million in 2023 and $2.3 billion in 2026, “which would drive 2% upside to current 2023 estimates and 13% upside to 2026.” The analyst has a Neutral rating on the stock with a $240 price target.2. Subscriber growthAfter reporting two consecutive quarters of declining subscribers, Netflix management said in its second-quarter update that it expected to return to sequential growth in Q3. Specifically, management guided for 221.7 million subscribers, up from 220.7 million at the end of Q2.To help membership growth, management said it has been investing in product, content, and marketing. Of course, this isn't anything new. Management noted in its second-quarter letter to shareholders that these are the same areas the streaming-TV company has invested in to drive membership growth for the last 25 years. But with two quarters of sequential declines in membership behind it, investors will be watching closely for these investments to start paying off.Netflix cites a maturing market for connected TV adoption, account sharing, competition, and a difficult macroeconomic backdrop as some of the reasons for the company's stalled subscriber growth recently. A return to growth in the face of these challenges would be encouraging news for investors. And based on the stock's gain over the last three months, investors are likely expecting the company to achieve its third-quarter outlook for subscriber growth.Analyst OpinionsShares of Netflix earned multiple upgrades in September. Atlantic Equities analyst Hamilton Faber raised his rating for the video-streaming company to Overweight from Neutral, Oppenheimer’s analyst Jason Helfstein lifted his rating on the video streaming company to Outperform from Perform, and Evercore ISI analyst Mark Mahaney raised his rating on shares of Netflix to Outperform from In Line.However, not all analysts are as optimistic. Also in Sept., Benchmark analyst Matthew Harrigan reaffirmed his Sell rating on the stock, citing overly optimistic ad pricing for its upcoming advertising-based service.","news_type":1,"symbols_score_info":{"NFLX":0.9}},"isVote":1,"tweetType":1,"viewCount":1476,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9989148475,"gmtCreate":1665963184797,"gmtModify":1676537682809,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"Gokay ","listText":"Gokay ","text":"Gokay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9989148475","repostId":"1106057334","repostType":4,"repost":{"id":"1106057334","kind":"news","pubTimestamp":1665962357,"share":"https://ttm.financial/m/news/1106057334?lang=en_US&edition=fundamental","pubTime":"2022-10-17 07:19","language":"en","title":"ASX Drops 1.4pc in Broad Decline Dragging All Sectors Lower","url":"https://stock-news.laohu8.com/highlight/detail?id=1106057334","media":"Australian Financial Review","summary":"The S&P/ASX 200 has dropped 1.4 per cent, or 91.6 points, to 6667.2 in the opening minutes of trade,","content":"<html><head></head><body><p>The S&P/ASX 200 has dropped 1.4 per cent, or 91.6 points, to 6667.2 in the opening minutes of trade, in a broad decline dragging all 11 sharemarket sectors lower.</p><p>IGO dropped 4.3 per cent to $14.66 following the sudden passing of its managing director and chief executive, Peter Bradford, on Saturday.</p><p>Adbri plunged 18.5 per cent to $1.50 after warning that its earnings continue to be impacted by ongoing wet weather conditions, and its CEO Nick Miller will depart.</p><p>Costa Group tumbled 13.2 per cent to $2 after reporting that earnings in its citrus category will be “considerably lower” than previously forecast.</p><p>Magellan dropped 1.9 per cent to $10.81 after announcing changes to its investment leadership team.</p><p>News Corp climbed 3.3 per cent to $26.76 after confirming that it is exploring a potential combination with Fox Corporation.</p><p>Insurance Australia added 0.1 per cent to $4.82 after announcing a $350 million buyback, while Endeavour Group rose 1.4 per cent to $6.96 after reporting that group sales for the first quarter climbed 3.1 per cent on the prior corresponding period.</p></body></html>","source":"lsy1647818771712","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>ASX Drops 1.4pc in Broad Decline Dragging All Sectors Lower</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\">\nASX Drops 1.4pc in Broad Decline Dragging All Sectors Lower\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-17 07:19 GMT+8 <a href=https://www.afr.com/markets/equity-markets/asx-to-dive-a-under-pressure-20221017-p5bq98><strong>Australian Financial Review</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P/ASX 200 has dropped 1.4 per cent, or 91.6 points, to 6667.2 in the opening minutes of trade, in a broad decline dragging all 11 sharemarket sectors lower.IGO dropped 4.3 per cent to $14.66 ...</p>\n\n<a href=\"https://www.afr.com/markets/equity-markets/asx-to-dive-a-under-pressure-20221017-p5bq98\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XJO.AU":"标普/澳交所 200指数","XKO.AU":"标普/澳交所 300指数","XAO.AU":"标普/澳交所 普通股指数"},"source_url":"https://www.afr.com/markets/equity-markets/asx-to-dive-a-under-pressure-20221017-p5bq98","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106057334","content_text":"The S&P/ASX 200 has dropped 1.4 per cent, or 91.6 points, to 6667.2 in the opening minutes of trade, in a broad decline dragging all 11 sharemarket sectors lower.IGO dropped 4.3 per cent to $14.66 following the sudden passing of its managing director and chief executive, Peter Bradford, on Saturday.Adbri plunged 18.5 per cent to $1.50 after warning that its earnings continue to be impacted by ongoing wet weather conditions, and its CEO Nick Miller will depart.Costa Group tumbled 13.2 per cent to $2 after reporting that earnings in its citrus category will be “considerably lower” than previously forecast.Magellan dropped 1.9 per cent to $10.81 after announcing changes to its investment leadership team.News Corp climbed 3.3 per cent to $26.76 after confirming that it is exploring a potential combination with Fox Corporation.Insurance Australia added 0.1 per cent to $4.82 after announcing a $350 million buyback, while Endeavour Group rose 1.4 per cent to $6.96 after reporting that group sales for the first quarter climbed 3.1 per cent on the prior corresponding period.","news_type":1,"symbols_score_info":{"XAO.AU":0.9,"XKO.AU":0.9,"XJO.AU":0.9}},"isVote":1,"tweetType":1,"viewCount":1103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9989148226,"gmtCreate":1665963167465,"gmtModify":1676537682802,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"Good read ","listText":"Good read ","text":"Good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9989148226","repostId":"2276758809","repostType":4,"repost":{"id":"2276758809","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1665946740,"share":"https://ttm.financial/m/news/2276758809?lang=en_US&edition=fundamental","pubTime":"2022-10-17 02:59","market":"us","language":"en","title":"Tesla, Netflix Set to Report Earnings: What to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2276758809","media":"Dow Jones","summary":"Third-quarter earnings season picks up this week, with more than 60 S&P 500 companies scheduled to r","content":"<html><head></head><body><p>Third-quarter earnings season picks up this week, with more than 60 S&P 500 companies scheduled to report. The economic calendar will bring a bevy of housing-market indicators and other data.</p><p><a href=\"https://laohu8.com/S/BAC\">Bank of America</a> and <a href=\"https://laohu8.com/S/SCHW\">Charles Schwab</a> will be Monday's earnings highlights, followed by <a href=\"https://laohu8.com/S/NFLX\">Netflix</a>, <a href=\"https://laohu8.com/S/LMT\">Lockheed Martin</a>, Johnson & Johnson, <a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>, and <a href=\"https://laohu8.com/S/ISRG\">Intuitive Surgical</a> on Tuesday.</p><p><a href=\"https://laohu8.com/S/IBM\">IBM</a>, <a href=\"https://laohu8.com/S/TSLA\">Tesla</a>, Procter & Gamble, <a href=\"https://laohu8.com/S/UBNK\">United</a> Airlines Holdings, and Nestlé release results on Wednesday. Thursday will be busy: Blackstone, Dow, <a href=\"https://laohu8.com/S/AAL\">American Airlines</a> Group, AT&T, <a href=\"https://laohu8.com/S/UNP\">Union Pacific</a>, Snap, and <a href=\"https://laohu8.com/S/SAM\">Boston Beer</a> all report. Finally, <a href=\"https://laohu8.com/S/AXP\">American Express</a>, <a href=\"https://laohu8.com/S/VZA\">Verizon</a> Communications, and <a href=\"https://laohu8.com/S/SLB\">Schlumberger</a> close the week on Friday.</p><p>Housing data out this week will include the National Association of Home Builders' NAHB/<a href=\"https://laohu8.com/S/WFC\">Wells Fargo</a> Housing Market Index for October on Tuesday, the Census Bureau's new residential construction data for September on Wednesday, and the <a href=\"https://laohu8.com/S/NHLDW\">National</a> Association of Realtors' existing-home sales for September on Thursday.</p><p>Other economic releases this week include the Federal Reserve's latest beige book on Wednesday and the Conference Board's Leading Economic Index for September on Thursday.</p><p><b>Monday 10/17</b></p><p>Bank of America, Charles Schwab, and <a href=\"https://laohu8.com/S/BK\">Bank of New York Mellon</a> report third-quarter earnings.</p><p>The Federal Reserve Bank of New York releases its Empire State Manufacturing Survey for October. Expectations are for a minus 2.5 reading, compared with minus 1.5 in September. Readings above zero represent economic expansion in the survey.</p><p><b>Tuesday 10/18</b></p><p>Netflix, Lockheed Martin, Albertsons, <a href=\"https://laohu8.com/S/HAS\">Hasbro</a>, Johnson & Johnson, Roche Holding, Goldman Sachs, Truist Financial, State Street, <a href=\"https://laohu8.com/S/IBKR\">Interactive Brokers</a>, <a href=\"https://laohu8.com/S/OMC\">Omnicom</a> Group, J.B. Hunt Transport Services, and Intuitive Surgical are among companies discussing financial results.</p><p>The Federal Reserve releases industrial production data for September. Economists are looking for no change, after a 0.2% drop in August. Capacity utilization is expected at 79.9%, roughly in line with August's 80.0%.</p><p>The National Association of Home Builders releases its NAHB/Wells Fargo Housing Market Index for October. Consensus estimate is for a 43.5 reading, compared with 46 in September. The index has dropped every month in 2022 from its 84 reading in December.</p><p><b>Wednesday 10/19</b></p><p>The Census Bureau reports new residential construction data for September. Economists forecast a seasonally adjusted annual rate of 1.480 million new housing starts, compared with 1.575 million in August.</p><p>IBM, Tesla, Procter & Gamble, <a href=\"https://laohu8.com/S/TRV\">Travelers</a>, <a href=\"https://laohu8.com/S/CFG\">Citizens Financial Group</a>, <a href=\"https://laohu8.com/S/UBCP\">United</a> Airlines Holdings, <a href=\"https://laohu8.com/S/ABT\">Abbott Laboratories</a>, <a href=\"https://laohu8.com/S/NTRSP\">Northern</a> Trust, Nestlé, <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>, <a href=\"https://laohu8.com/S/BHGE\">Baker Hughes</a>, <a href=\"https://laohu8.com/S/GOM\">Ally Financial</a>, ASML Holding, <a href=\"https://laohu8.com/S/LRCX\">Lam Research</a>, <a href=\"https://laohu8.com/S/PLD\">Prologis</a>, and <a href=\"https://laohu8.com/S/AA\">Alcoa</a> hold earnings calls with investors.</p><p>The Federal Reserve Bank releases its beige book on current economic conditions among its 12 districts.</p><p>Thursday 10/20</p><p>Blackstone, Dow, Union Pacific, NextEra Energy, KeyCorp, <a href=\"https://laohu8.com/S/MAN\">ManpowerGroup</a>, Snap-On, <a href=\"https://laohu8.com/S/DHR\">Danaher</a>, <a href=\"https://laohu8.com/S/AFG\">American</a> Airlines Group, AT&T, <a href=\"https://laohu8.com/S/PM\">Philip Morris</a> International, Union Pacific, <a href=\"https://laohu8.com/S/DGX\">Quest Diagnostics</a>, <a href=\"https://laohu8.com/S/GPC\">Genuine Parts</a>, CSX, Snap, and Boston Beer hold earnings conference calls.</p><p>The Conference Board releases its Leading Economic Index for September. Consensus estimate is for a seasonally adjusted 0.3% month-over-month decline, after a 0.3% drop in August.</p><p>The National Association of Realtors reports existing-home sales for September. Expectations are for a seasonally adjusted annual rate of 4.70 million homes sold, compared with 4.80 million in August.</p><p>The Philadelphia Fed Manufacturing Index is released. Estimates call for a minus 5.0 reading in October, compared with minus 9.9 in September.</p><p>Friday 10/21</p><p>American Express, <a href=\"https://laohu8.com/S/WHR\">Whirlpool</a>, Regions Financial, HCA <a href=\"https://laohu8.com/S/HCSG\">Healthcare</a>, <a href=\"https://laohu8.com/S/THC\">Tenet Healthcare</a>, and Schlumberger hold earnings conference calls.</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>Tesla, Netflix Set to Report Earnings: What to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla, Netflix Set to Report Earnings: What to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-10-17 02:59</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Third-quarter earnings season picks up this week, with more than 60 S&P 500 companies scheduled to report. The economic calendar will bring a bevy of housing-market indicators and other data.</p><p><a href=\"https://laohu8.com/S/BAC\">Bank of America</a> and <a href=\"https://laohu8.com/S/SCHW\">Charles Schwab</a> will be Monday's earnings highlights, followed by <a href=\"https://laohu8.com/S/NFLX\">Netflix</a>, <a href=\"https://laohu8.com/S/LMT\">Lockheed Martin</a>, Johnson & Johnson, <a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>, and <a href=\"https://laohu8.com/S/ISRG\">Intuitive Surgical</a> on Tuesday.</p><p><a href=\"https://laohu8.com/S/IBM\">IBM</a>, <a href=\"https://laohu8.com/S/TSLA\">Tesla</a>, Procter & Gamble, <a href=\"https://laohu8.com/S/UBNK\">United</a> Airlines Holdings, and Nestlé release results on Wednesday. Thursday will be busy: Blackstone, Dow, <a href=\"https://laohu8.com/S/AAL\">American Airlines</a> Group, AT&T, <a href=\"https://laohu8.com/S/UNP\">Union Pacific</a>, Snap, and <a href=\"https://laohu8.com/S/SAM\">Boston Beer</a> all report. Finally, <a href=\"https://laohu8.com/S/AXP\">American Express</a>, <a href=\"https://laohu8.com/S/VZA\">Verizon</a> Communications, and <a href=\"https://laohu8.com/S/SLB\">Schlumberger</a> close the week on Friday.</p><p>Housing data out this week will include the National Association of Home Builders' NAHB/<a href=\"https://laohu8.com/S/WFC\">Wells Fargo</a> Housing Market Index for October on Tuesday, the Census Bureau's new residential construction data for September on Wednesday, and the <a href=\"https://laohu8.com/S/NHLDW\">National</a> Association of Realtors' existing-home sales for September on Thursday.</p><p>Other economic releases this week include the Federal Reserve's latest beige book on Wednesday and the Conference Board's Leading Economic Index for September on Thursday.</p><p><b>Monday 10/17</b></p><p>Bank of America, Charles Schwab, and <a href=\"https://laohu8.com/S/BK\">Bank of New York Mellon</a> report third-quarter earnings.</p><p>The Federal Reserve Bank of New York releases its Empire State Manufacturing Survey for October. Expectations are for a minus 2.5 reading, compared with minus 1.5 in September. Readings above zero represent economic expansion in the survey.</p><p><b>Tuesday 10/18</b></p><p>Netflix, Lockheed Martin, Albertsons, <a href=\"https://laohu8.com/S/HAS\">Hasbro</a>, Johnson & Johnson, Roche Holding, Goldman Sachs, Truist Financial, State Street, <a href=\"https://laohu8.com/S/IBKR\">Interactive Brokers</a>, <a href=\"https://laohu8.com/S/OMC\">Omnicom</a> Group, J.B. Hunt Transport Services, and Intuitive Surgical are among companies discussing financial results.</p><p>The Federal Reserve releases industrial production data for September. Economists are looking for no change, after a 0.2% drop in August. Capacity utilization is expected at 79.9%, roughly in line with August's 80.0%.</p><p>The National Association of Home Builders releases its NAHB/Wells Fargo Housing Market Index for October. Consensus estimate is for a 43.5 reading, compared with 46 in September. The index has dropped every month in 2022 from its 84 reading in December.</p><p><b>Wednesday 10/19</b></p><p>The Census Bureau reports new residential construction data for September. Economists forecast a seasonally adjusted annual rate of 1.480 million new housing starts, compared with 1.575 million in August.</p><p>IBM, Tesla, Procter & Gamble, <a href=\"https://laohu8.com/S/TRV\">Travelers</a>, <a href=\"https://laohu8.com/S/CFG\">Citizens Financial Group</a>, <a href=\"https://laohu8.com/S/UBCP\">United</a> Airlines Holdings, <a href=\"https://laohu8.com/S/ABT\">Abbott Laboratories</a>, <a href=\"https://laohu8.com/S/NTRSP\">Northern</a> Trust, Nestlé, <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>, <a href=\"https://laohu8.com/S/BHGE\">Baker Hughes</a>, <a href=\"https://laohu8.com/S/GOM\">Ally Financial</a>, ASML Holding, <a href=\"https://laohu8.com/S/LRCX\">Lam Research</a>, <a href=\"https://laohu8.com/S/PLD\">Prologis</a>, and <a href=\"https://laohu8.com/S/AA\">Alcoa</a> hold earnings calls with investors.</p><p>The Federal Reserve Bank releases its beige book on current economic conditions among its 12 districts.</p><p>Thursday 10/20</p><p>Blackstone, Dow, Union Pacific, NextEra Energy, KeyCorp, <a href=\"https://laohu8.com/S/MAN\">ManpowerGroup</a>, Snap-On, <a href=\"https://laohu8.com/S/DHR\">Danaher</a>, <a href=\"https://laohu8.com/S/AFG\">American</a> Airlines Group, AT&T, <a href=\"https://laohu8.com/S/PM\">Philip Morris</a> International, Union Pacific, <a href=\"https://laohu8.com/S/DGX\">Quest Diagnostics</a>, <a href=\"https://laohu8.com/S/GPC\">Genuine Parts</a>, CSX, Snap, and Boston Beer hold earnings conference calls.</p><p>The Conference Board releases its Leading Economic Index for September. Consensus estimate is for a seasonally adjusted 0.3% month-over-month decline, after a 0.3% drop in August.</p><p>The National Association of Realtors reports existing-home sales for September. Expectations are for a seasonally adjusted annual rate of 4.70 million homes sold, compared with 4.80 million in August.</p><p>The Philadelphia Fed Manufacturing Index is released. Estimates call for a minus 5.0 reading in October, compared with minus 9.9 in September.</p><p>Friday 10/21</p><p>American Express, <a href=\"https://laohu8.com/S/WHR\">Whirlpool</a>, Regions Financial, HCA <a href=\"https://laohu8.com/S/HCSG\">Healthcare</a>, <a href=\"https://laohu8.com/S/THC\">Tenet Healthcare</a>, and Schlumberger hold earnings conference calls.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","BK4550":"红杉资本持仓","BK4108":"电影和娱乐","BK4507":"流媒体概念","BK4548":"巴美列捷福持仓","BK4574":"无人驾驶","BK4551":"寇图资本持仓","BK4524":"宅经济概念","BK4532":"文艺复兴科技持仓","BK4581":"高盛持仓","BK4527":"明星科技股","BK4099":"汽车制造商","BK4511":"特斯拉概念","QNETCN":"纳斯达克中美互联网老虎指数","BK4534":"瑞士信贷持仓","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","NFLX":"奈飞"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2276758809","content_text":"Third-quarter earnings season picks up this week, with more than 60 S&P 500 companies scheduled to report. The economic calendar will bring a bevy of housing-market indicators and other data.Bank of America and Charles Schwab will be Monday's earnings highlights, followed by Netflix, Lockheed Martin, Johnson & Johnson, Goldman Sachs, and Intuitive Surgical on Tuesday.IBM, Tesla, Procter & Gamble, United Airlines Holdings, and Nestlé release results on Wednesday. Thursday will be busy: Blackstone, Dow, American Airlines Group, AT&T, Union Pacific, Snap, and Boston Beer all report. Finally, American Express, Verizon Communications, and Schlumberger close the week on Friday.Housing data out this week will include the National Association of Home Builders' NAHB/Wells Fargo Housing Market Index for October on Tuesday, the Census Bureau's new residential construction data for September on Wednesday, and the National Association of Realtors' existing-home sales for September on Thursday.Other economic releases this week include the Federal Reserve's latest beige book on Wednesday and the Conference Board's Leading Economic Index for September on Thursday.Monday 10/17Bank of America, Charles Schwab, and Bank of New York Mellon report third-quarter earnings.The Federal Reserve Bank of New York releases its Empire State Manufacturing Survey for October. Expectations are for a minus 2.5 reading, compared with minus 1.5 in September. Readings above zero represent economic expansion in the survey.Tuesday 10/18Netflix, Lockheed Martin, Albertsons, Hasbro, Johnson & Johnson, Roche Holding, Goldman Sachs, Truist Financial, State Street, Interactive Brokers, Omnicom Group, J.B. Hunt Transport Services, and Intuitive Surgical are among companies discussing financial results.The Federal Reserve releases industrial production data for September. Economists are looking for no change, after a 0.2% drop in August. Capacity utilization is expected at 79.9%, roughly in line with August's 80.0%.The National Association of Home Builders releases its NAHB/Wells Fargo Housing Market Index for October. Consensus estimate is for a 43.5 reading, compared with 46 in September. The index has dropped every month in 2022 from its 84 reading in December.Wednesday 10/19The Census Bureau reports new residential construction data for September. Economists forecast a seasonally adjusted annual rate of 1.480 million new housing starts, compared with 1.575 million in August.IBM, Tesla, Procter & Gamble, Travelers, Citizens Financial Group, United Airlines Holdings, Abbott Laboratories, Northern Trust, Nestlé, Nasdaq, Baker Hughes, Ally Financial, ASML Holding, Lam Research, Prologis, and Alcoa hold earnings calls with investors.The Federal Reserve Bank releases its beige book on current economic conditions among its 12 districts.Thursday 10/20Blackstone, Dow, Union Pacific, NextEra Energy, KeyCorp, ManpowerGroup, Snap-On, Danaher, American Airlines Group, AT&T, Philip Morris International, Union Pacific, Quest Diagnostics, Genuine Parts, CSX, Snap, and Boston Beer hold earnings conference calls.The Conference Board releases its Leading Economic Index for September. Consensus estimate is for a seasonally adjusted 0.3% month-over-month decline, after a 0.3% drop in August.The National Association of Realtors reports existing-home sales for September. Expectations are for a seasonally adjusted annual rate of 4.70 million homes sold, compared with 4.80 million in August.The Philadelphia Fed Manufacturing Index is released. Estimates call for a minus 5.0 reading in October, compared with minus 9.9 in September.Friday 10/21American Express, Whirlpool, Regions Financial, HCA Healthcare, Tenet Healthcare, and Schlumberger hold earnings conference calls.","news_type":1,"symbols_score_info":{"TSLA":0.9,"NFLX":1,"QNETCN":0.6}},"isVote":1,"tweetType":1,"viewCount":1537,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9980715414,"gmtCreate":1665812936038,"gmtModify":1676537668845,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"okay ","listText":"okay ","text":"okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980715414","repostId":"2275665189","repostType":4,"repost":{"id":"2275665189","kind":"highlight","pubTimestamp":1665787817,"share":"https://ttm.financial/m/news/2275665189?lang=en_US&edition=fundamental","pubTime":"2022-10-15 06:50","market":"us","language":"en","title":"The Stock Market’s Rebound Fizzled Again. Why a Real Bottom Could Form Soon","url":"https://stock-news.laohu8.com/highlight/detail?id=2275665189","media":"Barron's","summary":"Investors seemingly can’t stop trying to pick a stock market bottom, no matter how bad the news—and ","content":"<html><head></head><body><p>Investors seemingly can’t stop trying to pick a stock market bottom, no matter how bad the news—and it continues to backfire. The day for a real bounce, however, may be coming soon.</p><p>Consider: This past Thursday, September’s consumer inflation report came in much hotter than expected, with the core CPI hitting a 40-year high. The initial response was exactly what you’d expect—the S&P 500 traded down as much as 2.4%—but then it started rallying…and rallying. The index finally finished the day up 2.6%, the first time that’s happened since 2008.</p><p>The rally had people talking about capitulation and bear-market bottoms, but alas, it was not to be. A rise in inflation expectations that showed up in the University of Michigan’s consumer sentiment survey on Friday pushed Treasury yields to their highest levels since 2008.</p><p>As a result, the S&P 500 fell 1.6% this past week, while the Nasdaq Composite dropped 3.1% to close at its lowest level since July 2020. The Dow Jones Industrial Average,thanks to some solid earnings from Walgreens Boots Alliance (ticker: WBA), UnitedHealth Group (UNH), and JPMorgan Chase(JPM), finished the week up 1.2%.</p><p>Still, for the first time in a while, it feels like there’s hope. Part of that is simply the market starting to acknowledge the fact that the Federal Reserve will do what it said it would do—crank rates up as high as they need to go to tame inflation. There’s now more than a 70% chance the Fed raises rates over 4.5% by December, which would have been unthinkable just a few months ago.</p><p>But the market is starting to act the way it does at lows. Take Thursday’s massive turnaround. The S&P 500 fell 2.4% before finishing up 2.6%, a five-point swing. That’s happened just nine other times since 1983, according to Bespoke Investment Group data. The wild swings often continued—the S&P 500 was down 3.5% on average over the following three months, but up an average of 14.6% over the next 12 months. “We’re not sure when or where the ultimate bottom in stocks will end up, but violent moves like yesterday tend to occur closer to lows than highs,” the folks at Bespoke explain.</p><p>Other measures are starting to send similar messages. On Friday, noted Doug Ramsey, chief investment officer at the Leuthold Group, the firm’s Very Long Term Momentum indicator, or VLT, reached an oversold level for the first time since 2016. It’s not a buy signal yet—that happens when the indicator turns up—but it does mean one “is now mathematically possible,” Ramsey writes. “Patience is advised. But this long-term oversold condition should help investors pull the trigger when the time comes.”</p><p>It’s also easy to forget that the S&P 500 has already dropped 25% this year, a level that’s approaching the losses in an average recession, in which the market drops 30% to 40%, observes Rick Bookstaber, head of risk at Fabric. That means investors could rightly expect more losses, but a good portion of the index’s losses are likely behind it. “If you look at historical cases of bad market events and recessions, we’re more than halfway there in terms of the pain that the market has had,” he says.</p><p>Indeed, it might even be time to start nibbling on individual stocks. Morgan Stanley portfolio manager Andrew Slimmon notes that while the market has dropped 25%, the average stock has fallen far more. He’s actively looking to add companies. “The only stocks we’re adding to or buying new are those that reflect a recession because they are down 40% to 60% already,” he says.</p><p>It’s a good place to start.</p></body></html>","source":"lsy1610680873436","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>The Stock Market’s Rebound Fizzled Again. Why a Real Bottom Could Form Soon</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\">\nThe Stock Market’s Rebound Fizzled Again. Why a Real Bottom Could Form Soon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-15 06:50 GMT+8 <a href=https://www.barrons.com/articles/stock-market-dow-nasdaq-sp500-51665789304?mod=hp_LATEST><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors seemingly can’t stop trying to pick a stock market bottom, no matter how bad the news—and it continues to backfire. The day for a real bounce, however, may be coming soon.Consider: This past...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-dow-nasdaq-sp500-51665789304?mod=hp_LATEST\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-dow-nasdaq-sp500-51665789304?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275665189","content_text":"Investors seemingly can’t stop trying to pick a stock market bottom, no matter how bad the news—and it continues to backfire. The day for a real bounce, however, may be coming soon.Consider: This past Thursday, September’s consumer inflation report came in much hotter than expected, with the core CPI hitting a 40-year high. The initial response was exactly what you’d expect—the S&P 500 traded down as much as 2.4%—but then it started rallying…and rallying. The index finally finished the day up 2.6%, the first time that’s happened since 2008.The rally had people talking about capitulation and bear-market bottoms, but alas, it was not to be. A rise in inflation expectations that showed up in the University of Michigan’s consumer sentiment survey on Friday pushed Treasury yields to their highest levels since 2008.As a result, the S&P 500 fell 1.6% this past week, while the Nasdaq Composite dropped 3.1% to close at its lowest level since July 2020. The Dow Jones Industrial Average,thanks to some solid earnings from Walgreens Boots Alliance (ticker: WBA), UnitedHealth Group (UNH), and JPMorgan Chase(JPM), finished the week up 1.2%.Still, for the first time in a while, it feels like there’s hope. Part of that is simply the market starting to acknowledge the fact that the Federal Reserve will do what it said it would do—crank rates up as high as they need to go to tame inflation. There’s now more than a 70% chance the Fed raises rates over 4.5% by December, which would have been unthinkable just a few months ago.But the market is starting to act the way it does at lows. Take Thursday’s massive turnaround. The S&P 500 fell 2.4% before finishing up 2.6%, a five-point swing. That’s happened just nine other times since 1983, according to Bespoke Investment Group data. The wild swings often continued—the S&P 500 was down 3.5% on average over the following three months, but up an average of 14.6% over the next 12 months. “We’re not sure when or where the ultimate bottom in stocks will end up, but violent moves like yesterday tend to occur closer to lows than highs,” the folks at Bespoke explain.Other measures are starting to send similar messages. On Friday, noted Doug Ramsey, chief investment officer at the Leuthold Group, the firm’s Very Long Term Momentum indicator, or VLT, reached an oversold level for the first time since 2016. It’s not a buy signal yet—that happens when the indicator turns up—but it does mean one “is now mathematically possible,” Ramsey writes. “Patience is advised. But this long-term oversold condition should help investors pull the trigger when the time comes.”It’s also easy to forget that the S&P 500 has already dropped 25% this year, a level that’s approaching the losses in an average recession, in which the market drops 30% to 40%, observes Rick Bookstaber, head of risk at Fabric. That means investors could rightly expect more losses, but a good portion of the index’s losses are likely behind it. “If you look at historical cases of bad market events and recessions, we’re more than halfway there in terms of the pain that the market has had,” he says.Indeed, it might even be time to start nibbling on individual stocks. Morgan Stanley portfolio manager Andrew Slimmon notes that while the market has dropped 25%, the average stock has fallen far more. He’s actively looking to add companies. “The only stocks we’re adding to or buying new are those that reflect a recession because they are down 40% to 60% already,” he says.It’s a good place to start.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":932,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9980715227,"gmtCreate":1665812911170,"gmtModify":1676537668837,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"Good ","listText":"Good ","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9980715227","repostId":"2275952060","repostType":4,"repost":{"id":"2275952060","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":1665788512,"share":"https://ttm.financial/m/news/2275952060?lang=en_US&edition=fundamental","pubTime":"2022-10-15 07:01","market":"us","language":"en","title":"US STOCKS-Wall St Drops As Consumer Data Stokes Inflation Worry","url":"https://stock-news.laohu8.com/highlight/detail?id=2275952060","media":"Reuters","summary":"* JPM reports higher-than-expected Q3 profit* S&P 500, Nasdaq post weekly declines* U.S. consumer se","content":"<html><head></head><body><p>* JPM reports higher-than-expected Q3 profit</p><p>* S&P 500, Nasdaq post weekly declines</p><p>* U.S. consumer sentiment edges up October; inflation ests. worsen</p><p>* Dow down 1.34%, S&P 500 down 2.37%, Nasdaq down 3.08%</p><p>NEW YORK, Oct 14 (Reuters) - U.S. stocks dropped on Friday as worsening inflation expectations kept intact worries that the Federal Reserve's aggressive rate hike path could trigger a recession, while investors digested the early stages of earnings season.</p><p>In the last session of a volatile week, equities opened higher, then reversed course after data from the University of Michigan showed consumer sentiment improved in October but inflation expectations worsened as gasoline prices moved higher. Retail sales data also indicated resilience among consumers.</p><p>"The main thrust for the market right now is higher interest rates, higher inflation and the Fed is going to continue to move its fed funds target higher," said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan.</p><p>"The narrative that we’ve seen peak inflation is not evident yet and that’s depressing the market."</p><p>On Thursday, a reading on consumer prices (CPI) showed inflation remained stubbornly high.</p><p>Fed officials have been largely in sync when commenting on the need to raise rates and St. Louis Fed President James Bullard said in a Reuters interview the recent CPI data warrants a continued "frontloading" through larger three-quarter-percentage point steps, although that does not necessarily mean rates need to be raised above the central bank's most recent projections.</p><p>The Dow Jones Industrial Average fell 403.89 points, or 1.34%, to 29,634.83, the S&P 500 lost 86.84 points, or 2.37%, to 3,583.07 and the Nasdaq Composite dropped 327.76 points, or 3.08%, to 10,321.39.</p><p>Friday's decline marked the 37th time the S&P 500 recorded a gain or loss of at least 2% compared with only seven such session in all of 2021. For the week, the Dow gained 1.15%, the S&P 500 lost 1.56% and the Nasdaq fell 3.11%.</p><p>Corporate earnings season started to pick up steam and helped the bank index, which posted a narrow 0.03% gain after quarterly results from JPMorgan Chase & Co, up 1.66%, Citigroup Inc, up 0.65%, and Wells Fargo & Co, up 1.86%, boosted the shares of each.</p><p>"The message I got from them is things are looking pretty good from an economic perspective despite the challenges but they increased loan-loss reserves just in anticipation that you are going to see some more slowing," said Brian Jacobsen, senior investment strategist at Allspring Global Investments in Menomonee Falls, Wisconsin.</p><p>UnitedHealth gained 0.63% as one of only three Dow components to move higher on the day after the health insurer posted better-than-expected quarterly results while raising its annual forecast.</p><p>Analysts now expect third-quarter profits for S&P 500 companies to have risen just 3.6% from a year ago, much lower than an 11.1% increase expected at the start of July, according to Refinitiv data.</p><p>Kroger Co shares dropped 7.32% after the supermarket chain said it would buy smaller rival Albertsons Companies Inc in a $24.6 billion deal.</p><p>Tesla Inc slumped 7.55% following media reports that the electric vehicle maker has put on hold plans to launch battery cell production at its plant outside Berlin due to technical issues.</p><p>Volume on U.S. exchanges was 10.88 billion shares, compared with the 11.48 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.20-to-1 ratio; on Nasdaq, a 2.87-to-1 ratio favored decliners.</p><p>The S&P 500 posted 5 new 52-week highs and 7 new lows; the Nasdaq Composite recorded 71 new highs and 235 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>US STOCKS-Wall St Drops As Consumer Data Stokes Inflation Worry</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\">\nUS STOCKS-Wall St Drops As Consumer Data Stokes Inflation Worry\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\">2022-10-15 07:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* JPM reports higher-than-expected Q3 profit</p><p>* S&P 500, Nasdaq post weekly declines</p><p>* U.S. consumer sentiment edges up October; inflation ests. worsen</p><p>* Dow down 1.34%, S&P 500 down 2.37%, Nasdaq down 3.08%</p><p>NEW YORK, Oct 14 (Reuters) - U.S. stocks dropped on Friday as worsening inflation expectations kept intact worries that the Federal Reserve's aggressive rate hike path could trigger a recession, while investors digested the early stages of earnings season.</p><p>In the last session of a volatile week, equities opened higher, then reversed course after data from the University of Michigan showed consumer sentiment improved in October but inflation expectations worsened as gasoline prices moved higher. Retail sales data also indicated resilience among consumers.</p><p>"The main thrust for the market right now is higher interest rates, higher inflation and the Fed is going to continue to move its fed funds target higher," said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan.</p><p>"The narrative that we’ve seen peak inflation is not evident yet and that’s depressing the market."</p><p>On Thursday, a reading on consumer prices (CPI) showed inflation remained stubbornly high.</p><p>Fed officials have been largely in sync when commenting on the need to raise rates and St. Louis Fed President James Bullard said in a Reuters interview the recent CPI data warrants a continued "frontloading" through larger three-quarter-percentage point steps, although that does not necessarily mean rates need to be raised above the central bank's most recent projections.</p><p>The Dow Jones Industrial Average fell 403.89 points, or 1.34%, to 29,634.83, the S&P 500 lost 86.84 points, or 2.37%, to 3,583.07 and the Nasdaq Composite dropped 327.76 points, or 3.08%, to 10,321.39.</p><p>Friday's decline marked the 37th time the S&P 500 recorded a gain or loss of at least 2% compared with only seven such session in all of 2021. For the week, the Dow gained 1.15%, the S&P 500 lost 1.56% and the Nasdaq fell 3.11%.</p><p>Corporate earnings season started to pick up steam and helped the bank index, which posted a narrow 0.03% gain after quarterly results from JPMorgan Chase & Co, up 1.66%, Citigroup Inc, up 0.65%, and Wells Fargo & Co, up 1.86%, boosted the shares of each.</p><p>"The message I got from them is things are looking pretty good from an economic perspective despite the challenges but they increased loan-loss reserves just in anticipation that you are going to see some more slowing," said Brian Jacobsen, senior investment strategist at Allspring Global Investments in Menomonee Falls, Wisconsin.</p><p>UnitedHealth gained 0.63% as one of only three Dow components to move higher on the day after the health insurer posted better-than-expected quarterly results while raising its annual forecast.</p><p>Analysts now expect third-quarter profits for S&P 500 companies to have risen just 3.6% from a year ago, much lower than an 11.1% increase expected at the start of July, according to Refinitiv data.</p><p>Kroger Co shares dropped 7.32% after the supermarket chain said it would buy smaller rival Albertsons Companies Inc in a $24.6 billion deal.</p><p>Tesla Inc slumped 7.55% following media reports that the electric vehicle maker has put on hold plans to launch battery cell production at its plant outside Berlin due to technical issues.</p><p>Volume on U.S. exchanges was 10.88 billion shares, compared with the 11.48 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.20-to-1 ratio; on Nasdaq, a 2.87-to-1 ratio favored decliners.</p><p>The S&P 500 posted 5 new 52-week highs and 7 new lows; the Nasdaq Composite recorded 71 new highs and 235 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通","C":"花旗",".IXIC":"NASDAQ Composite","KR":"克罗格","TSLA":"特斯拉",".DJI":"道琼斯","WFC":"富国银行",".SPX":"S&P 500 Index","UNH":"联合健康"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275952060","content_text":"* JPM reports higher-than-expected Q3 profit* S&P 500, Nasdaq post weekly declines* U.S. consumer sentiment edges up October; inflation ests. worsen* Dow down 1.34%, S&P 500 down 2.37%, Nasdaq down 3.08%NEW YORK, Oct 14 (Reuters) - U.S. stocks dropped on Friday as worsening inflation expectations kept intact worries that the Federal Reserve's aggressive rate hike path could trigger a recession, while investors digested the early stages of earnings season.In the last session of a volatile week, equities opened higher, then reversed course after data from the University of Michigan showed consumer sentiment improved in October but inflation expectations worsened as gasoline prices moved higher. Retail sales data also indicated resilience among consumers.\"The main thrust for the market right now is higher interest rates, higher inflation and the Fed is going to continue to move its fed funds target higher,\" said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan.\"The narrative that we’ve seen peak inflation is not evident yet and that’s depressing the market.\"On Thursday, a reading on consumer prices (CPI) showed inflation remained stubbornly high.Fed officials have been largely in sync when commenting on the need to raise rates and St. Louis Fed President James Bullard said in a Reuters interview the recent CPI data warrants a continued \"frontloading\" through larger three-quarter-percentage point steps, although that does not necessarily mean rates need to be raised above the central bank's most recent projections.The Dow Jones Industrial Average fell 403.89 points, or 1.34%, to 29,634.83, the S&P 500 lost 86.84 points, or 2.37%, to 3,583.07 and the Nasdaq Composite dropped 327.76 points, or 3.08%, to 10,321.39.Friday's decline marked the 37th time the S&P 500 recorded a gain or loss of at least 2% compared with only seven such session in all of 2021. For the week, the Dow gained 1.15%, the S&P 500 lost 1.56% and the Nasdaq fell 3.11%.Corporate earnings season started to pick up steam and helped the bank index, which posted a narrow 0.03% gain after quarterly results from JPMorgan Chase & Co, up 1.66%, Citigroup Inc, up 0.65%, and Wells Fargo & Co, up 1.86%, boosted the shares of each.\"The message I got from them is things are looking pretty good from an economic perspective despite the challenges but they increased loan-loss reserves just in anticipation that you are going to see some more slowing,\" said Brian Jacobsen, senior investment strategist at Allspring Global Investments in Menomonee Falls, Wisconsin.UnitedHealth gained 0.63% as one of only three Dow components to move higher on the day after the health insurer posted better-than-expected quarterly results while raising its annual forecast.Analysts now expect third-quarter profits for S&P 500 companies to have risen just 3.6% from a year ago, much lower than an 11.1% increase expected at the start of July, according to Refinitiv data.Kroger Co shares dropped 7.32% after the supermarket chain said it would buy smaller rival Albertsons Companies Inc in a $24.6 billion deal.Tesla Inc slumped 7.55% following media reports that the electric vehicle maker has put on hold plans to launch battery cell production at its plant outside Berlin due to technical issues.Volume on U.S. exchanges was 10.88 billion shares, compared with the 11.48 billion average for the full session over the last 20 trading days.Declining issues outnumbered advancing ones on the NYSE by a 4.20-to-1 ratio; on Nasdaq, a 2.87-to-1 ratio favored decliners.The S&P 500 posted 5 new 52-week highs and 7 new lows; the Nasdaq Composite recorded 71 new highs and 235 new lows.","news_type":1,"symbols_score_info":{"WFC":0.9,"C":0.9,"TSLA":0.9,"UNH":0.9,"JPM":0.9,"KR":0.9,".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":863,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9914093081,"gmtCreate":1665121827543,"gmtModify":1676537561211,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SRT.SI\">$CSOP S-REITs INDEX ETF(SRT.SI)$</a>good ","listText":"<a href=\"https://ttm.financial/S/SRT.SI\">$CSOP S-REITs INDEX ETF(SRT.SI)$</a>good ","text":"$CSOP S-REITs INDEX ETF(SRT.SI)$good","images":[{"img":"https://community-static.tradeup.com/news/e462254f082088945d24dc969b9c903a","width":"1080","height":"2305"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9914093081","isVote":1,"tweetType":1,"viewCount":1229,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9915411143,"gmtCreate":1665099083282,"gmtModify":1676537555510,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$</a>bad","listText":"<a href=\"https://ttm.financial/S/MSFT\">$Microsoft(MSFT)$</a>bad","text":"$Microsoft(MSFT)$bad","images":[{"img":"https://community-static.tradeup.com/news/aaa49595d55d3c774ff8e54b415881d5","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9915411143","isVote":1,"tweetType":1,"viewCount":1284,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9912437632,"gmtCreate":1664875431226,"gmtModify":1676537522237,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a>share ","listText":"<a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a>share ","text":"$SINGAPORE AIRLINES LTD(C6L.SI)$share","images":[{"img":"https://community-static.tradeup.com/news/d416ca1772145d63c57e96b618203e4b","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9912437632","isVote":1,"tweetType":1,"viewCount":782,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":9075864634,"gmtCreate":1658187464629,"gmtModify":1676536117541,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/S85.SI\">$STRACO CORPORATION LIMITED(S85.SI)$</a>good read ","listText":"<a href=\"https://ttm.financial/S/S85.SI\">$STRACO CORPORATION LIMITED(S85.SI)$</a>good read ","text":"$STRACO CORPORATION LIMITED(S85.SI)$good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075864634","isVote":1,"tweetType":1,"viewCount":1188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9077465656,"gmtCreate":1658557162275,"gmtModify":1676536176958,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/D01.SI\">$DFIRG USD(D01.SI)$</a>[Cry] [Cry] ","listText":"<a href=\"https://ttm.financial/S/D01.SI\">$DFIRG USD(D01.SI)$</a>[Cry] [Cry] ","text":"$DFIRG USD(D01.SI)$[Cry] [Cry]","images":[{"img":"https://community-static.tradeup.com/news/3dcb53b918d02356d647410b302cba57","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9077465656","isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9957168813,"gmtCreate":1677108843633,"gmtModify":1677108848244,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GRN.SI\">$UOB APAC Green REIT ETF(GRN.SI)$ </a>good read ","listText":"<a href=\"https://ttm.financial/S/GRN.SI\">$UOB APAC Green REIT ETF(GRN.SI)$ </a>good read ","text":"$UOB APAC Green REIT ETF(GRN.SI)$ good read","images":[{"img":"https://community-static.tradeup.com/news/b71d911048113ccb020a53be563dbc36","width":"1080","height":"1957"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9957168813","isVote":1,"tweetType":1,"viewCount":3441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9980715227,"gmtCreate":1665812911170,"gmtModify":1676537668837,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"Good ","listText":"Good ","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9980715227","repostId":"2275952060","repostType":4,"repost":{"id":"2275952060","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":1665788512,"share":"https://ttm.financial/m/news/2275952060?lang=en_US&edition=fundamental","pubTime":"2022-10-15 07:01","market":"us","language":"en","title":"US STOCKS-Wall St Drops As Consumer Data Stokes Inflation Worry","url":"https://stock-news.laohu8.com/highlight/detail?id=2275952060","media":"Reuters","summary":"* JPM reports higher-than-expected Q3 profit* S&P 500, Nasdaq post weekly declines* U.S. consumer se","content":"<html><head></head><body><p>* JPM reports higher-than-expected Q3 profit</p><p>* S&P 500, Nasdaq post weekly declines</p><p>* U.S. consumer sentiment edges up October; inflation ests. worsen</p><p>* Dow down 1.34%, S&P 500 down 2.37%, Nasdaq down 3.08%</p><p>NEW YORK, Oct 14 (Reuters) - U.S. stocks dropped on Friday as worsening inflation expectations kept intact worries that the Federal Reserve's aggressive rate hike path could trigger a recession, while investors digested the early stages of earnings season.</p><p>In the last session of a volatile week, equities opened higher, then reversed course after data from the University of Michigan showed consumer sentiment improved in October but inflation expectations worsened as gasoline prices moved higher. Retail sales data also indicated resilience among consumers.</p><p>"The main thrust for the market right now is higher interest rates, higher inflation and the Fed is going to continue to move its fed funds target higher," said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan.</p><p>"The narrative that we’ve seen peak inflation is not evident yet and that’s depressing the market."</p><p>On Thursday, a reading on consumer prices (CPI) showed inflation remained stubbornly high.</p><p>Fed officials have been largely in sync when commenting on the need to raise rates and St. Louis Fed President James Bullard said in a Reuters interview the recent CPI data warrants a continued "frontloading" through larger three-quarter-percentage point steps, although that does not necessarily mean rates need to be raised above the central bank's most recent projections.</p><p>The Dow Jones Industrial Average fell 403.89 points, or 1.34%, to 29,634.83, the S&P 500 lost 86.84 points, or 2.37%, to 3,583.07 and the Nasdaq Composite dropped 327.76 points, or 3.08%, to 10,321.39.</p><p>Friday's decline marked the 37th time the S&P 500 recorded a gain or loss of at least 2% compared with only seven such session in all of 2021. For the week, the Dow gained 1.15%, the S&P 500 lost 1.56% and the Nasdaq fell 3.11%.</p><p>Corporate earnings season started to pick up steam and helped the bank index, which posted a narrow 0.03% gain after quarterly results from JPMorgan Chase & Co, up 1.66%, Citigroup Inc, up 0.65%, and Wells Fargo & Co, up 1.86%, boosted the shares of each.</p><p>"The message I got from them is things are looking pretty good from an economic perspective despite the challenges but they increased loan-loss reserves just in anticipation that you are going to see some more slowing," said Brian Jacobsen, senior investment strategist at Allspring Global Investments in Menomonee Falls, Wisconsin.</p><p>UnitedHealth gained 0.63% as one of only three Dow components to move higher on the day after the health insurer posted better-than-expected quarterly results while raising its annual forecast.</p><p>Analysts now expect third-quarter profits for S&P 500 companies to have risen just 3.6% from a year ago, much lower than an 11.1% increase expected at the start of July, according to Refinitiv data.</p><p>Kroger Co shares dropped 7.32% after the supermarket chain said it would buy smaller rival Albertsons Companies Inc in a $24.6 billion deal.</p><p>Tesla Inc slumped 7.55% following media reports that the electric vehicle maker has put on hold plans to launch battery cell production at its plant outside Berlin due to technical issues.</p><p>Volume on U.S. exchanges was 10.88 billion shares, compared with the 11.48 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.20-to-1 ratio; on Nasdaq, a 2.87-to-1 ratio favored decliners.</p><p>The S&P 500 posted 5 new 52-week highs and 7 new lows; the Nasdaq Composite recorded 71 new highs and 235 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>US STOCKS-Wall St Drops As Consumer Data Stokes Inflation Worry</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\">\nUS STOCKS-Wall St Drops As Consumer Data Stokes Inflation Worry\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\">2022-10-15 07:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* JPM reports higher-than-expected Q3 profit</p><p>* S&P 500, Nasdaq post weekly declines</p><p>* U.S. consumer sentiment edges up October; inflation ests. worsen</p><p>* Dow down 1.34%, S&P 500 down 2.37%, Nasdaq down 3.08%</p><p>NEW YORK, Oct 14 (Reuters) - U.S. stocks dropped on Friday as worsening inflation expectations kept intact worries that the Federal Reserve's aggressive rate hike path could trigger a recession, while investors digested the early stages of earnings season.</p><p>In the last session of a volatile week, equities opened higher, then reversed course after data from the University of Michigan showed consumer sentiment improved in October but inflation expectations worsened as gasoline prices moved higher. Retail sales data also indicated resilience among consumers.</p><p>"The main thrust for the market right now is higher interest rates, higher inflation and the Fed is going to continue to move its fed funds target higher," said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan.</p><p>"The narrative that we’ve seen peak inflation is not evident yet and that’s depressing the market."</p><p>On Thursday, a reading on consumer prices (CPI) showed inflation remained stubbornly high.</p><p>Fed officials have been largely in sync when commenting on the need to raise rates and St. Louis Fed President James Bullard said in a Reuters interview the recent CPI data warrants a continued "frontloading" through larger three-quarter-percentage point steps, although that does not necessarily mean rates need to be raised above the central bank's most recent projections.</p><p>The Dow Jones Industrial Average fell 403.89 points, or 1.34%, to 29,634.83, the S&P 500 lost 86.84 points, or 2.37%, to 3,583.07 and the Nasdaq Composite dropped 327.76 points, or 3.08%, to 10,321.39.</p><p>Friday's decline marked the 37th time the S&P 500 recorded a gain or loss of at least 2% compared with only seven such session in all of 2021. For the week, the Dow gained 1.15%, the S&P 500 lost 1.56% and the Nasdaq fell 3.11%.</p><p>Corporate earnings season started to pick up steam and helped the bank index, which posted a narrow 0.03% gain after quarterly results from JPMorgan Chase & Co, up 1.66%, Citigroup Inc, up 0.65%, and Wells Fargo & Co, up 1.86%, boosted the shares of each.</p><p>"The message I got from them is things are looking pretty good from an economic perspective despite the challenges but they increased loan-loss reserves just in anticipation that you are going to see some more slowing," said Brian Jacobsen, senior investment strategist at Allspring Global Investments in Menomonee Falls, Wisconsin.</p><p>UnitedHealth gained 0.63% as one of only three Dow components to move higher on the day after the health insurer posted better-than-expected quarterly results while raising its annual forecast.</p><p>Analysts now expect third-quarter profits for S&P 500 companies to have risen just 3.6% from a year ago, much lower than an 11.1% increase expected at the start of July, according to Refinitiv data.</p><p>Kroger Co shares dropped 7.32% after the supermarket chain said it would buy smaller rival Albertsons Companies Inc in a $24.6 billion deal.</p><p>Tesla Inc slumped 7.55% following media reports that the electric vehicle maker has put on hold plans to launch battery cell production at its plant outside Berlin due to technical issues.</p><p>Volume on U.S. exchanges was 10.88 billion shares, compared with the 11.48 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.20-to-1 ratio; on Nasdaq, a 2.87-to-1 ratio favored decliners.</p><p>The S&P 500 posted 5 new 52-week highs and 7 new lows; the Nasdaq Composite recorded 71 new highs and 235 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通","C":"花旗",".IXIC":"NASDAQ Composite","KR":"克罗格","TSLA":"特斯拉",".DJI":"道琼斯","WFC":"富国银行",".SPX":"S&P 500 Index","UNH":"联合健康"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275952060","content_text":"* JPM reports higher-than-expected Q3 profit* S&P 500, Nasdaq post weekly declines* U.S. consumer sentiment edges up October; inflation ests. worsen* Dow down 1.34%, S&P 500 down 2.37%, Nasdaq down 3.08%NEW YORK, Oct 14 (Reuters) - U.S. stocks dropped on Friday as worsening inflation expectations kept intact worries that the Federal Reserve's aggressive rate hike path could trigger a recession, while investors digested the early stages of earnings season.In the last session of a volatile week, equities opened higher, then reversed course after data from the University of Michigan showed consumer sentiment improved in October but inflation expectations worsened as gasoline prices moved higher. Retail sales data also indicated resilience among consumers.\"The main thrust for the market right now is higher interest rates, higher inflation and the Fed is going to continue to move its fed funds target higher,\" said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan.\"The narrative that we’ve seen peak inflation is not evident yet and that’s depressing the market.\"On Thursday, a reading on consumer prices (CPI) showed inflation remained stubbornly high.Fed officials have been largely in sync when commenting on the need to raise rates and St. Louis Fed President James Bullard said in a Reuters interview the recent CPI data warrants a continued \"frontloading\" through larger three-quarter-percentage point steps, although that does not necessarily mean rates need to be raised above the central bank's most recent projections.The Dow Jones Industrial Average fell 403.89 points, or 1.34%, to 29,634.83, the S&P 500 lost 86.84 points, or 2.37%, to 3,583.07 and the Nasdaq Composite dropped 327.76 points, or 3.08%, to 10,321.39.Friday's decline marked the 37th time the S&P 500 recorded a gain or loss of at least 2% compared with only seven such session in all of 2021. For the week, the Dow gained 1.15%, the S&P 500 lost 1.56% and the Nasdaq fell 3.11%.Corporate earnings season started to pick up steam and helped the bank index, which posted a narrow 0.03% gain after quarterly results from JPMorgan Chase & Co, up 1.66%, Citigroup Inc, up 0.65%, and Wells Fargo & Co, up 1.86%, boosted the shares of each.\"The message I got from them is things are looking pretty good from an economic perspective despite the challenges but they increased loan-loss reserves just in anticipation that you are going to see some more slowing,\" said Brian Jacobsen, senior investment strategist at Allspring Global Investments in Menomonee Falls, Wisconsin.UnitedHealth gained 0.63% as one of only three Dow components to move higher on the day after the health insurer posted better-than-expected quarterly results while raising its annual forecast.Analysts now expect third-quarter profits for S&P 500 companies to have risen just 3.6% from a year ago, much lower than an 11.1% increase expected at the start of July, according to Refinitiv data.Kroger Co shares dropped 7.32% after the supermarket chain said it would buy smaller rival Albertsons Companies Inc in a $24.6 billion deal.Tesla Inc slumped 7.55% following media reports that the electric vehicle maker has put on hold plans to launch battery cell production at its plant outside Berlin due to technical issues.Volume on U.S. exchanges was 10.88 billion shares, compared with the 11.48 billion average for the full session over the last 20 trading days.Declining issues outnumbered advancing ones on the NYSE by a 4.20-to-1 ratio; on Nasdaq, a 2.87-to-1 ratio favored decliners.The S&P 500 posted 5 new 52-week highs and 7 new lows; the Nasdaq Composite recorded 71 new highs and 235 new lows.","news_type":1,"symbols_score_info":{"WFC":0.9,"C":0.9,"TSLA":0.9,"UNH":0.9,"JPM":0.9,"KR":0.9,".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":863,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9998723608,"gmtCreate":1661060453907,"gmtModify":1676536447560,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SRT.SI\">$CSOP S-REITs INDEX ETF(SRT.SI)$</a>good read ","listText":"<a href=\"https://ttm.financial/S/SRT.SI\">$CSOP S-REITs INDEX ETF(SRT.SI)$</a>good read ","text":"$CSOP S-REITs INDEX ETF(SRT.SI)$good read","images":[{"img":"https://community-static.tradeup.com/news/97b4044918892e219458b7bed34f3915","width":"1080","height":"2612"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9998723608","isVote":1,"tweetType":1,"viewCount":739,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9983855609,"gmtCreate":1666222094901,"gmtModify":1676537723556,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"Good read ","listText":"Good read ","text":"Good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9983855609","repostId":"2276745435","repostType":4,"isVote":1,"tweetType":1,"viewCount":2832,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9989148475,"gmtCreate":1665963184797,"gmtModify":1676537682809,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"Gokay ","listText":"Gokay ","text":"Gokay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9989148475","repostId":"1106057334","repostType":4,"repost":{"id":"1106057334","kind":"news","pubTimestamp":1665962357,"share":"https://ttm.financial/m/news/1106057334?lang=en_US&edition=fundamental","pubTime":"2022-10-17 07:19","language":"en","title":"ASX Drops 1.4pc in Broad Decline Dragging All Sectors Lower","url":"https://stock-news.laohu8.com/highlight/detail?id=1106057334","media":"Australian Financial Review","summary":"The S&P/ASX 200 has dropped 1.4 per cent, or 91.6 points, to 6667.2 in the opening minutes of trade,","content":"<html><head></head><body><p>The S&P/ASX 200 has dropped 1.4 per cent, or 91.6 points, to 6667.2 in the opening minutes of trade, in a broad decline dragging all 11 sharemarket sectors lower.</p><p>IGO dropped 4.3 per cent to $14.66 following the sudden passing of its managing director and chief executive, Peter Bradford, on Saturday.</p><p>Adbri plunged 18.5 per cent to $1.50 after warning that its earnings continue to be impacted by ongoing wet weather conditions, and its CEO Nick Miller will depart.</p><p>Costa Group tumbled 13.2 per cent to $2 after reporting that earnings in its citrus category will be “considerably lower” than previously forecast.</p><p>Magellan dropped 1.9 per cent to $10.81 after announcing changes to its investment leadership team.</p><p>News Corp climbed 3.3 per cent to $26.76 after confirming that it is exploring a potential combination with Fox Corporation.</p><p>Insurance Australia added 0.1 per cent to $4.82 after announcing a $350 million buyback, while Endeavour Group rose 1.4 per cent to $6.96 after reporting that group sales for the first quarter climbed 3.1 per cent on the prior corresponding period.</p></body></html>","source":"lsy1647818771712","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>ASX Drops 1.4pc in Broad Decline Dragging All Sectors Lower</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\">\nASX Drops 1.4pc in Broad Decline Dragging All Sectors Lower\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-17 07:19 GMT+8 <a href=https://www.afr.com/markets/equity-markets/asx-to-dive-a-under-pressure-20221017-p5bq98><strong>Australian Financial Review</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P/ASX 200 has dropped 1.4 per cent, or 91.6 points, to 6667.2 in the opening minutes of trade, in a broad decline dragging all 11 sharemarket sectors lower.IGO dropped 4.3 per cent to $14.66 ...</p>\n\n<a href=\"https://www.afr.com/markets/equity-markets/asx-to-dive-a-under-pressure-20221017-p5bq98\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XJO.AU":"标普/澳交所 200指数","XKO.AU":"标普/澳交所 300指数","XAO.AU":"标普/澳交所 普通股指数"},"source_url":"https://www.afr.com/markets/equity-markets/asx-to-dive-a-under-pressure-20221017-p5bq98","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106057334","content_text":"The S&P/ASX 200 has dropped 1.4 per cent, or 91.6 points, to 6667.2 in the opening minutes of trade, in a broad decline dragging all 11 sharemarket sectors lower.IGO dropped 4.3 per cent to $14.66 following the sudden passing of its managing director and chief executive, Peter Bradford, on Saturday.Adbri plunged 18.5 per cent to $1.50 after warning that its earnings continue to be impacted by ongoing wet weather conditions, and its CEO Nick Miller will depart.Costa Group tumbled 13.2 per cent to $2 after reporting that earnings in its citrus category will be “considerably lower” than previously forecast.Magellan dropped 1.9 per cent to $10.81 after announcing changes to its investment leadership team.News Corp climbed 3.3 per cent to $26.76 after confirming that it is exploring a potential combination with Fox Corporation.Insurance Australia added 0.1 per cent to $4.82 after announcing a $350 million buyback, while Endeavour Group rose 1.4 per cent to $6.96 after reporting that group sales for the first quarter climbed 3.1 per cent on the prior corresponding period.","news_type":1,"symbols_score_info":{"XAO.AU":0.9,"XKO.AU":0.9,"XJO.AU":0.9}},"isVote":1,"tweetType":1,"viewCount":1103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9989148226,"gmtCreate":1665963167465,"gmtModify":1676537682802,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"Good read ","listText":"Good read ","text":"Good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9989148226","repostId":"2276758809","repostType":4,"repost":{"id":"2276758809","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1665946740,"share":"https://ttm.financial/m/news/2276758809?lang=en_US&edition=fundamental","pubTime":"2022-10-17 02:59","market":"us","language":"en","title":"Tesla, Netflix Set to Report Earnings: What to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2276758809","media":"Dow Jones","summary":"Third-quarter earnings season picks up this week, with more than 60 S&P 500 companies scheduled to r","content":"<html><head></head><body><p>Third-quarter earnings season picks up this week, with more than 60 S&P 500 companies scheduled to report. The economic calendar will bring a bevy of housing-market indicators and other data.</p><p><a href=\"https://laohu8.com/S/BAC\">Bank of America</a> and <a href=\"https://laohu8.com/S/SCHW\">Charles Schwab</a> will be Monday's earnings highlights, followed by <a href=\"https://laohu8.com/S/NFLX\">Netflix</a>, <a href=\"https://laohu8.com/S/LMT\">Lockheed Martin</a>, Johnson & Johnson, <a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>, and <a href=\"https://laohu8.com/S/ISRG\">Intuitive Surgical</a> on Tuesday.</p><p><a href=\"https://laohu8.com/S/IBM\">IBM</a>, <a href=\"https://laohu8.com/S/TSLA\">Tesla</a>, Procter & Gamble, <a href=\"https://laohu8.com/S/UBNK\">United</a> Airlines Holdings, and Nestlé release results on Wednesday. Thursday will be busy: Blackstone, Dow, <a href=\"https://laohu8.com/S/AAL\">American Airlines</a> Group, AT&T, <a href=\"https://laohu8.com/S/UNP\">Union Pacific</a>, Snap, and <a href=\"https://laohu8.com/S/SAM\">Boston Beer</a> all report. Finally, <a href=\"https://laohu8.com/S/AXP\">American Express</a>, <a href=\"https://laohu8.com/S/VZA\">Verizon</a> Communications, and <a href=\"https://laohu8.com/S/SLB\">Schlumberger</a> close the week on Friday.</p><p>Housing data out this week will include the National Association of Home Builders' NAHB/<a href=\"https://laohu8.com/S/WFC\">Wells Fargo</a> Housing Market Index for October on Tuesday, the Census Bureau's new residential construction data for September on Wednesday, and the <a href=\"https://laohu8.com/S/NHLDW\">National</a> Association of Realtors' existing-home sales for September on Thursday.</p><p>Other economic releases this week include the Federal Reserve's latest beige book on Wednesday and the Conference Board's Leading Economic Index for September on Thursday.</p><p><b>Monday 10/17</b></p><p>Bank of America, Charles Schwab, and <a href=\"https://laohu8.com/S/BK\">Bank of New York Mellon</a> report third-quarter earnings.</p><p>The Federal Reserve Bank of New York releases its Empire State Manufacturing Survey for October. Expectations are for a minus 2.5 reading, compared with minus 1.5 in September. Readings above zero represent economic expansion in the survey.</p><p><b>Tuesday 10/18</b></p><p>Netflix, Lockheed Martin, Albertsons, <a href=\"https://laohu8.com/S/HAS\">Hasbro</a>, Johnson & Johnson, Roche Holding, Goldman Sachs, Truist Financial, State Street, <a href=\"https://laohu8.com/S/IBKR\">Interactive Brokers</a>, <a href=\"https://laohu8.com/S/OMC\">Omnicom</a> Group, J.B. Hunt Transport Services, and Intuitive Surgical are among companies discussing financial results.</p><p>The Federal Reserve releases industrial production data for September. Economists are looking for no change, after a 0.2% drop in August. Capacity utilization is expected at 79.9%, roughly in line with August's 80.0%.</p><p>The National Association of Home Builders releases its NAHB/Wells Fargo Housing Market Index for October. Consensus estimate is for a 43.5 reading, compared with 46 in September. The index has dropped every month in 2022 from its 84 reading in December.</p><p><b>Wednesday 10/19</b></p><p>The Census Bureau reports new residential construction data for September. Economists forecast a seasonally adjusted annual rate of 1.480 million new housing starts, compared with 1.575 million in August.</p><p>IBM, Tesla, Procter & Gamble, <a href=\"https://laohu8.com/S/TRV\">Travelers</a>, <a href=\"https://laohu8.com/S/CFG\">Citizens Financial Group</a>, <a href=\"https://laohu8.com/S/UBCP\">United</a> Airlines Holdings, <a href=\"https://laohu8.com/S/ABT\">Abbott Laboratories</a>, <a href=\"https://laohu8.com/S/NTRSP\">Northern</a> Trust, Nestlé, <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>, <a href=\"https://laohu8.com/S/BHGE\">Baker Hughes</a>, <a href=\"https://laohu8.com/S/GOM\">Ally Financial</a>, ASML Holding, <a href=\"https://laohu8.com/S/LRCX\">Lam Research</a>, <a href=\"https://laohu8.com/S/PLD\">Prologis</a>, and <a href=\"https://laohu8.com/S/AA\">Alcoa</a> hold earnings calls with investors.</p><p>The Federal Reserve Bank releases its beige book on current economic conditions among its 12 districts.</p><p>Thursday 10/20</p><p>Blackstone, Dow, Union Pacific, NextEra Energy, KeyCorp, <a href=\"https://laohu8.com/S/MAN\">ManpowerGroup</a>, Snap-On, <a href=\"https://laohu8.com/S/DHR\">Danaher</a>, <a href=\"https://laohu8.com/S/AFG\">American</a> Airlines Group, AT&T, <a href=\"https://laohu8.com/S/PM\">Philip Morris</a> International, Union Pacific, <a href=\"https://laohu8.com/S/DGX\">Quest Diagnostics</a>, <a href=\"https://laohu8.com/S/GPC\">Genuine Parts</a>, CSX, Snap, and Boston Beer hold earnings conference calls.</p><p>The Conference Board releases its Leading Economic Index for September. Consensus estimate is for a seasonally adjusted 0.3% month-over-month decline, after a 0.3% drop in August.</p><p>The National Association of Realtors reports existing-home sales for September. Expectations are for a seasonally adjusted annual rate of 4.70 million homes sold, compared with 4.80 million in August.</p><p>The Philadelphia Fed Manufacturing Index is released. Estimates call for a minus 5.0 reading in October, compared with minus 9.9 in September.</p><p>Friday 10/21</p><p>American Express, <a href=\"https://laohu8.com/S/WHR\">Whirlpool</a>, Regions Financial, HCA <a href=\"https://laohu8.com/S/HCSG\">Healthcare</a>, <a href=\"https://laohu8.com/S/THC\">Tenet Healthcare</a>, and Schlumberger hold earnings conference calls.</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>Tesla, Netflix Set to Report Earnings: What to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla, Netflix Set to Report Earnings: What to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-10-17 02:59</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Third-quarter earnings season picks up this week, with more than 60 S&P 500 companies scheduled to report. The economic calendar will bring a bevy of housing-market indicators and other data.</p><p><a href=\"https://laohu8.com/S/BAC\">Bank of America</a> and <a href=\"https://laohu8.com/S/SCHW\">Charles Schwab</a> will be Monday's earnings highlights, followed by <a href=\"https://laohu8.com/S/NFLX\">Netflix</a>, <a href=\"https://laohu8.com/S/LMT\">Lockheed Martin</a>, Johnson & Johnson, <a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>, and <a href=\"https://laohu8.com/S/ISRG\">Intuitive Surgical</a> on Tuesday.</p><p><a href=\"https://laohu8.com/S/IBM\">IBM</a>, <a href=\"https://laohu8.com/S/TSLA\">Tesla</a>, Procter & Gamble, <a href=\"https://laohu8.com/S/UBNK\">United</a> Airlines Holdings, and Nestlé release results on Wednesday. Thursday will be busy: Blackstone, Dow, <a href=\"https://laohu8.com/S/AAL\">American Airlines</a> Group, AT&T, <a href=\"https://laohu8.com/S/UNP\">Union Pacific</a>, Snap, and <a href=\"https://laohu8.com/S/SAM\">Boston Beer</a> all report. Finally, <a href=\"https://laohu8.com/S/AXP\">American Express</a>, <a href=\"https://laohu8.com/S/VZA\">Verizon</a> Communications, and <a href=\"https://laohu8.com/S/SLB\">Schlumberger</a> close the week on Friday.</p><p>Housing data out this week will include the National Association of Home Builders' NAHB/<a href=\"https://laohu8.com/S/WFC\">Wells Fargo</a> Housing Market Index for October on Tuesday, the Census Bureau's new residential construction data for September on Wednesday, and the <a href=\"https://laohu8.com/S/NHLDW\">National</a> Association of Realtors' existing-home sales for September on Thursday.</p><p>Other economic releases this week include the Federal Reserve's latest beige book on Wednesday and the Conference Board's Leading Economic Index for September on Thursday.</p><p><b>Monday 10/17</b></p><p>Bank of America, Charles Schwab, and <a href=\"https://laohu8.com/S/BK\">Bank of New York Mellon</a> report third-quarter earnings.</p><p>The Federal Reserve Bank of New York releases its Empire State Manufacturing Survey for October. Expectations are for a minus 2.5 reading, compared with minus 1.5 in September. Readings above zero represent economic expansion in the survey.</p><p><b>Tuesday 10/18</b></p><p>Netflix, Lockheed Martin, Albertsons, <a href=\"https://laohu8.com/S/HAS\">Hasbro</a>, Johnson & Johnson, Roche Holding, Goldman Sachs, Truist Financial, State Street, <a href=\"https://laohu8.com/S/IBKR\">Interactive Brokers</a>, <a href=\"https://laohu8.com/S/OMC\">Omnicom</a> Group, J.B. Hunt Transport Services, and Intuitive Surgical are among companies discussing financial results.</p><p>The Federal Reserve releases industrial production data for September. Economists are looking for no change, after a 0.2% drop in August. Capacity utilization is expected at 79.9%, roughly in line with August's 80.0%.</p><p>The National Association of Home Builders releases its NAHB/Wells Fargo Housing Market Index for October. Consensus estimate is for a 43.5 reading, compared with 46 in September. The index has dropped every month in 2022 from its 84 reading in December.</p><p><b>Wednesday 10/19</b></p><p>The Census Bureau reports new residential construction data for September. Economists forecast a seasonally adjusted annual rate of 1.480 million new housing starts, compared with 1.575 million in August.</p><p>IBM, Tesla, Procter & Gamble, <a href=\"https://laohu8.com/S/TRV\">Travelers</a>, <a href=\"https://laohu8.com/S/CFG\">Citizens Financial Group</a>, <a href=\"https://laohu8.com/S/UBCP\">United</a> Airlines Holdings, <a href=\"https://laohu8.com/S/ABT\">Abbott Laboratories</a>, <a href=\"https://laohu8.com/S/NTRSP\">Northern</a> Trust, Nestlé, <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>, <a href=\"https://laohu8.com/S/BHGE\">Baker Hughes</a>, <a href=\"https://laohu8.com/S/GOM\">Ally Financial</a>, ASML Holding, <a href=\"https://laohu8.com/S/LRCX\">Lam Research</a>, <a href=\"https://laohu8.com/S/PLD\">Prologis</a>, and <a href=\"https://laohu8.com/S/AA\">Alcoa</a> hold earnings calls with investors.</p><p>The Federal Reserve Bank releases its beige book on current economic conditions among its 12 districts.</p><p>Thursday 10/20</p><p>Blackstone, Dow, Union Pacific, NextEra Energy, KeyCorp, <a href=\"https://laohu8.com/S/MAN\">ManpowerGroup</a>, Snap-On, <a href=\"https://laohu8.com/S/DHR\">Danaher</a>, <a href=\"https://laohu8.com/S/AFG\">American</a> Airlines Group, AT&T, <a href=\"https://laohu8.com/S/PM\">Philip Morris</a> International, Union Pacific, <a href=\"https://laohu8.com/S/DGX\">Quest Diagnostics</a>, <a href=\"https://laohu8.com/S/GPC\">Genuine Parts</a>, CSX, Snap, and Boston Beer hold earnings conference calls.</p><p>The Conference Board releases its Leading Economic Index for September. Consensus estimate is for a seasonally adjusted 0.3% month-over-month decline, after a 0.3% drop in August.</p><p>The National Association of Realtors reports existing-home sales for September. Expectations are for a seasonally adjusted annual rate of 4.70 million homes sold, compared with 4.80 million in August.</p><p>The Philadelphia Fed Manufacturing Index is released. Estimates call for a minus 5.0 reading in October, compared with minus 9.9 in September.</p><p>Friday 10/21</p><p>American Express, <a href=\"https://laohu8.com/S/WHR\">Whirlpool</a>, Regions Financial, HCA <a href=\"https://laohu8.com/S/HCSG\">Healthcare</a>, <a href=\"https://laohu8.com/S/THC\">Tenet Healthcare</a>, and Schlumberger hold earnings conference calls.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","BK4550":"红杉资本持仓","BK4108":"电影和娱乐","BK4507":"流媒体概念","BK4548":"巴美列捷福持仓","BK4574":"无人驾驶","BK4551":"寇图资本持仓","BK4524":"宅经济概念","BK4532":"文艺复兴科技持仓","BK4581":"高盛持仓","BK4527":"明星科技股","BK4099":"汽车制造商","BK4511":"特斯拉概念","QNETCN":"纳斯达克中美互联网老虎指数","BK4534":"瑞士信贷持仓","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","NFLX":"奈飞"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2276758809","content_text":"Third-quarter earnings season picks up this week, with more than 60 S&P 500 companies scheduled to report. The economic calendar will bring a bevy of housing-market indicators and other data.Bank of America and Charles Schwab will be Monday's earnings highlights, followed by Netflix, Lockheed Martin, Johnson & Johnson, Goldman Sachs, and Intuitive Surgical on Tuesday.IBM, Tesla, Procter & Gamble, United Airlines Holdings, and Nestlé release results on Wednesday. Thursday will be busy: Blackstone, Dow, American Airlines Group, AT&T, Union Pacific, Snap, and Boston Beer all report. Finally, American Express, Verizon Communications, and Schlumberger close the week on Friday.Housing data out this week will include the National Association of Home Builders' NAHB/Wells Fargo Housing Market Index for October on Tuesday, the Census Bureau's new residential construction data for September on Wednesday, and the National Association of Realtors' existing-home sales for September on Thursday.Other economic releases this week include the Federal Reserve's latest beige book on Wednesday and the Conference Board's Leading Economic Index for September on Thursday.Monday 10/17Bank of America, Charles Schwab, and Bank of New York Mellon report third-quarter earnings.The Federal Reserve Bank of New York releases its Empire State Manufacturing Survey for October. Expectations are for a minus 2.5 reading, compared with minus 1.5 in September. Readings above zero represent economic expansion in the survey.Tuesday 10/18Netflix, Lockheed Martin, Albertsons, Hasbro, Johnson & Johnson, Roche Holding, Goldman Sachs, Truist Financial, State Street, Interactive Brokers, Omnicom Group, J.B. Hunt Transport Services, and Intuitive Surgical are among companies discussing financial results.The Federal Reserve releases industrial production data for September. Economists are looking for no change, after a 0.2% drop in August. Capacity utilization is expected at 79.9%, roughly in line with August's 80.0%.The National Association of Home Builders releases its NAHB/Wells Fargo Housing Market Index for October. Consensus estimate is for a 43.5 reading, compared with 46 in September. The index has dropped every month in 2022 from its 84 reading in December.Wednesday 10/19The Census Bureau reports new residential construction data for September. Economists forecast a seasonally adjusted annual rate of 1.480 million new housing starts, compared with 1.575 million in August.IBM, Tesla, Procter & Gamble, Travelers, Citizens Financial Group, United Airlines Holdings, Abbott Laboratories, Northern Trust, Nestlé, Nasdaq, Baker Hughes, Ally Financial, ASML Holding, Lam Research, Prologis, and Alcoa hold earnings calls with investors.The Federal Reserve Bank releases its beige book on current economic conditions among its 12 districts.Thursday 10/20Blackstone, Dow, Union Pacific, NextEra Energy, KeyCorp, ManpowerGroup, Snap-On, Danaher, American Airlines Group, AT&T, Philip Morris International, Union Pacific, Quest Diagnostics, Genuine Parts, CSX, Snap, and Boston Beer hold earnings conference calls.The Conference Board releases its Leading Economic Index for September. Consensus estimate is for a seasonally adjusted 0.3% month-over-month decline, after a 0.3% drop in August.The National Association of Realtors reports existing-home sales for September. Expectations are for a seasonally adjusted annual rate of 4.70 million homes sold, compared with 4.80 million in August.The Philadelphia Fed Manufacturing Index is released. Estimates call for a minus 5.0 reading in October, compared with minus 9.9 in September.Friday 10/21American Express, Whirlpool, Regions Financial, HCA Healthcare, Tenet Healthcare, and Schlumberger hold earnings conference calls.","news_type":1,"symbols_score_info":{"TSLA":0.9,"NFLX":1,"QNETCN":0.6}},"isVote":1,"tweetType":1,"viewCount":1537,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9054438667,"gmtCreate":1655422409359,"gmtModify":1676535634053,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SRT.SI\">$CSOP S-REITs INDEX ETF(SRT.SI)$</a>[Cry] [Cry] [Cry] ","listText":"<a href=\"https://ttm.financial/S/SRT.SI\">$CSOP S-REITs INDEX ETF(SRT.SI)$</a>[Cry] [Cry] [Cry] ","text":"$CSOP S-REITs INDEX ETF(SRT.SI)$[Cry] [Cry] [Cry]","images":[{"img":"https://community-static.tradeup.com/news/7b8169e7d37b607e299b8aacb77aff9a","width":"1080","height":"2500"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054438667","isVote":1,"tweetType":1,"viewCount":733,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9911086369,"gmtCreate":1664087088651,"gmtModify":1676537389139,"author":{"id":"3581931235333856","authorId":"3581931235333856","name":"ykc5020","avatar":"https://community-static.tradeup.com/news/af05176b9688ac10f0b9a773b30bea31","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581931235333856","idStr":"3581931235333856"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9911086369","repostId":"2269490734","repostType":4,"repost":{"id":"2269490734","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1664066508,"share":"https://ttm.financial/m/news/2269490734?lang=en_US&edition=fundamental","pubTime":"2022-09-25 08:41","market":"us","language":"en","title":"If You're Selling Stocks Because the Fed Is Hiking Interest Rates, You May Be Suffering From “Inflation Illusion”","url":"https://stock-news.laohu8.com/highlight/detail?id=2269490734","media":"Dow Jones","summary":"Forget everything you think you know about the relationship between interest rates and the stock market.Forget everything you think you know about the relationship between interest rates and the stock","content":"<html><head></head><body><p>Forget everything you think you know about the relationship between interest rates and the stock market.</p><p>Forget everything you think you know about the relationship between interest rates and the stock market. Take the notion that higher interest rates are bad for the stock market, which is almost universally believed on Wall Street. Plausible as this is, it is surprisingly difficult to support it empirically.</p><p>It would be important to challenge this notion at any time, but especially in light of the U.S. market's decline this past week following the Federal Reserve's most recent interest-rate hike announcement.</p><p>To show why higher interest rates aren't necessarily bad for equities, I compared the predictive power of the following two valuation indicators:</p><p>If higher interest rates were always bad for stocks, then the Fed Model's track record would be superior to that of the earnings yield.</p><p>It is not, as you can see from the table below. The table reports a statistic known as the r-squared, which reflects the degree to which one data series (in this case, the earnings yield or the Fed Model) predicts changes in a second series (in this case, the stock market's subsequent inflation-adjusted real return). The table reflects the U.S. stock market back to 1871, courtesy of data provided by Yale University's finance professor Robert Shiller.</p><p><img src=\"https://static.tigerbbs.com/64984acf0f40a1a5e886ef773747472a\" tg-width=\"939\" tg-height=\"268\" referrerpolicy=\"no-referrer\"/></p><p>In other words, the ability to predict the stock market's five- and 10-year returns goes down when taking interest rates into account.</p><h3>Money illusion</h3><p>These results are so surprising that it's important to explore why the conventional wisdom is wrong. That wisdom is based on the eminently plausible argument that higher interest rates mean that future years' corporate earnings must be discounted at a higher rate when calculating their present value. While that argument is not wrong, Richard Warr, a finance professor at North Carolina State University, told me, it's only half the story.</p><p>The other half of this story is that interest rates tend to be higher when inflation is higher, and average nominal earnings tend to grow faster in higher-inflation environments. Failing to appreciate this other half of the story is a fundamental mistake in economics known as "inflation illusion" -- confusing nominal with real, or inflation-adjusted, values.</p><p>According to research conducted by Warr, inflation's impact on nominal earnings and the discount rate largely cancel each other out over time. While earnings tend to grow faster when inflation is higher, they must be more heavily discounted when calculating their present value.</p><p>Investors were guilty of inflation illusion when they reacted to the Fed's latest interest rate announcement by selling stocks.</p><p>None of this means that the bear market shouldn't continue, or that equities aren't overvalued. Indeed, by many measures, stocks are still overvalued, despite the much cheaper prices wrought by the bear market. The point of this discussion is that higher interest rates are not an additional reason, above and beyond the other factors affecting the stock market, why the market should fall.</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>If You're Selling Stocks Because the Fed Is Hiking Interest Rates, You May Be Suffering From “Inflation Illusion”</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\">\nIf You're Selling Stocks Because the Fed Is Hiking Interest Rates, You May Be Suffering From “Inflation Illusion”\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-09-25 08:41</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Forget everything you think you know about the relationship between interest rates and the stock market.</p><p>Forget everything you think you know about the relationship between interest rates and the stock market. Take the notion that higher interest rates are bad for the stock market, which is almost universally believed on Wall Street. Plausible as this is, it is surprisingly difficult to support it empirically.</p><p>It would be important to challenge this notion at any time, but especially in light of the U.S. market's decline this past week following the Federal Reserve's most recent interest-rate hike announcement.</p><p>To show why higher interest rates aren't necessarily bad for equities, I compared the predictive power of the following two valuation indicators:</p><p>If higher interest rates were always bad for stocks, then the Fed Model's track record would be superior to that of the earnings yield.</p><p>It is not, as you can see from the table below. The table reports a statistic known as the r-squared, which reflects the degree to which one data series (in this case, the earnings yield or the Fed Model) predicts changes in a second series (in this case, the stock market's subsequent inflation-adjusted real return). The table reflects the U.S. stock market back to 1871, courtesy of data provided by Yale University's finance professor Robert Shiller.</p><p><img src=\"https://static.tigerbbs.com/64984acf0f40a1a5e886ef773747472a\" tg-width=\"939\" tg-height=\"268\" referrerpolicy=\"no-referrer\"/></p><p>In other words, the ability to predict the stock market's five- and 10-year returns goes down when taking interest rates into account.</p><h3>Money illusion</h3><p>These results are so surprising that it's important to explore why the conventional wisdom is wrong. That wisdom is based on the eminently plausible argument that higher interest rates mean that future years' corporate earnings must be discounted at a higher rate when calculating their present value. While that argument is not wrong, Richard Warr, a finance professor at North Carolina State University, told me, it's only half the story.</p><p>The other half of this story is that interest rates tend to be higher when inflation is higher, and average nominal earnings tend to grow faster in higher-inflation environments. Failing to appreciate this other half of the story is a fundamental mistake in economics known as "inflation illusion" -- confusing nominal with real, or inflation-adjusted, values.</p><p>According to research conducted by Warr, inflation's impact on nominal earnings and the discount rate largely cancel each other out over time. While earnings tend to grow faster when inflation is higher, they must be more heavily discounted when calculating their present value.</p><p>Investors were guilty of inflation illusion when they reacted to the Fed's latest interest rate announcement by selling stocks.</p><p>None of this means that the bear market shouldn't continue, or that equities aren't overvalued. Indeed, by many measures, stocks are still overvalued, despite the much cheaper prices wrought by the bear market. The point of this discussion is that higher interest rates are not an additional reason, above and beyond the other factors affecting the stock market, why the market should fall.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2269490734","content_text":"Forget everything you think you know about the relationship between interest rates and the stock market.Forget everything you think you know about the relationship between interest rates and the stock market. Take the notion that higher interest rates are bad for the stock market, which is almost universally believed on Wall Street. Plausible as this is, it is surprisingly difficult to support it empirically.It would be important to challenge this notion at any time, but especially in light of the U.S. market's decline this past week following the Federal Reserve's most recent interest-rate hike announcement.To show why higher interest rates aren't necessarily bad for equities, I compared the predictive power of the following two valuation indicators:If higher interest rates were always bad for stocks, then the Fed Model's track record would be superior to that of the earnings yield.It is not, as you can see from the table below. The table reports a statistic known as the r-squared, which reflects the degree to which one data series (in this case, the earnings yield or the Fed Model) predicts changes in a second series (in this case, the stock market's subsequent inflation-adjusted real return). The table reflects the U.S. stock market back to 1871, courtesy of data provided by Yale University's finance professor Robert Shiller.In other words, the ability to predict the stock market's five- and 10-year returns goes down when taking interest rates into account.Money illusionThese results are so surprising that it's important to explore why the conventional wisdom is wrong. That wisdom is based on the eminently plausible argument that higher interest rates mean that future years' corporate earnings must be discounted at a higher rate when calculating their present value. While that argument is not wrong, Richard Warr, a finance professor at North Carolina State University, told me, it's only half the story.The other half of this story is that interest rates tend to be higher when inflation is higher, and average nominal earnings tend to grow faster in higher-inflation environments. Failing to appreciate this other half of the story is a fundamental mistake in economics known as \"inflation illusion\" -- confusing nominal with real, or inflation-adjusted, values.According to research conducted by Warr, inflation's impact on nominal earnings and the discount rate largely cancel each other out over time. While earnings tend to grow faster when inflation is higher, they must be more heavily discounted when calculating their present value.Investors were guilty of inflation illusion when they reacted to the Fed's latest interest rate announcement by selling stocks.None of this means that the bear market shouldn't continue, or that equities aren't overvalued. Indeed, by many measures, stocks are still overvalued, despite the much cheaper prices wrought by the bear market. The point of this discussion is that higher interest rates are not an additional reason, above and beyond the other factors affecting the stock market, why the market should fall.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":751,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}