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CKCC
2021-09-13
Good to know
S&P 500 snaps losing streak with tax hikes, inflation data on horizon
CKCC
2021-09-07
Awesome tips
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CKCC
2021-09-02
awesome
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CKCC
2021-08-21
$Coinbase Global, Inc.(COIN)$
Team up with MUFG to operate exchange in Japan,Buy 500mil into crypto,Good revenue and cash flow,Can't wait to see the share price go up steadily.. :)
CKCC
2021-08-18
hmm.. how true?
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CKCC
2021-08-17
momentary slow down
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CKCC
2021-08-17
All red
Stocks open lower after larger-than-expected drop in retail sales
CKCC
2021-08-17
Buy in HK exchange not US.
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CKCC
2021-08-09
woo
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CKCC
2021-08-09
awesome.. long term investment
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CKCC
2021-08-09
Its personal and not company's fault
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CKCC
2021-08-06
Good
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CKCC
2021-08-04
Ok
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CKCC
2021-07-31
Correction happened?
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CKCC
2021-07-31
Oh ok
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CKCC
2021-07-31
Ok
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CKCC
2021-07-28
Ok
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CKCC
2021-07-28
up up up
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CKCC
2021-07-28
what does that mean?
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CKCC
2021-07-26
Let's see how low they go..
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Index ended lower.</p>\n<p>Investors favored value over growth, with stocks set to benefit most from a resurging economy enjoying the biggest percentage gains.</p>\n<p>“There are probably not a lot of positive surprises coming this month,” said Liz Young, head of investment strategy at SoFi in New York. “We’re having another period of volatility where I think that rotation could go back to cyclicals and the reopened trade, as the 10-year bond rate slowly grinds higher through the end of the year.”</p>\n<p>Market participants are focused on the likely passage of U.S. President Joe Biden’s $3.5 trillion budget package, which is expected to include a proposed corporate tax rate hike to 26.5% from 21%.</p>\n<p>Goldman Sachs analysts see the corporate tax rate increasing to 25% and the passage of about half of a proposed increase to tax rates on foreign income, which they estimate would reduce S&P 500 earnings by 5% in 2022.</p>\n<p>The Labor Department is due to release its consumer price index data on Tuesday, which could shed further light on the current inflation wave and whether it is as transitory as the Fed insists.</p>\n<p>“I don’t see inflation settling back down under 2% where it was pre-pandemic,” Young added. “Even if some of those transitory forces weaken, we will still stay at a higher rate than we were before.”</p>\n<p>Other key indicators due this week include retail sales and consumer sentiment, which could illuminate how much the demand boom driven by economic re-engagement has been dampened by the highly contagious COVID-19 Delta variant.</p>\n<p>The Dow Jones Industrial Average rose 261.91 points, or 0.76%, to 34,869.63, the S&P 500 gained 10.15 points, or 0.23%, at 4,468.73 and the Nasdaq Composite dropped 9.91 points, or 0.07%, to 15,105.58.</p>\n<p>Of the 11 major sectors in the S&P 500, healthcare suffered the largest percentage loss, while energy, buoyed by rising crude prices was the biggest gainer.</p>\n<p>Shares of vaccine makers Moderna and Pfizer Inc sank 6.6% and 2.2%, respectively, after experts said COVID booster shots are not widely needed.</p>\n<p>Coinbase Global Inc announced plans to raise about $1.5 billion through a debt offering aimed at funding product development and potential acquisitions. The cryptocurrency exchanges shares slid 2.2%.</p>\n<p>Salesforce.com Inc dipped 1.2% as rival Freshworks Inc’s regulatory filing indicated that the business engagement and customer engagement software company is aiming for a nearly $9 billion valuation in it U.S. debut.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.60-to-1 ratio; on Nasdaq, a 1.02-to-1 ratio favored advancers.</p>\n<p>The S&P 500 posted 12 new 52-week highs and one new low; the Nasdaq Composite recorded 53 new highs and 71 new lows.</p>\n<p>Volume on U.S. exchanges was 10.30 billion shares, compared with the 9.29 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 snaps losing streak with tax hikes, inflation data on horizon</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 snaps losing streak with tax hikes, inflation data on horizon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-14 07:15 GMT+8 <a href=https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-snaps-losing-streak-with-tax-hikes-inflation-data-on-horizon-idUSL1N2QF2DB><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - The S&P 500 closed higher on Monday, ending a five-day losing streak as investors focused on potential corporate tax hikes and upcoming economic data.\nThe Dow Jones Industrial ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-snaps-losing-streak-with-tax-hikes-inflation-data-on-horizon-idUSL1N2QF2DB\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-snaps-losing-streak-with-tax-hikes-inflation-data-on-horizon-idUSL1N2QF2DB","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178276551","content_text":"NEW YORK (Reuters) - The S&P 500 closed higher on Monday, ending a five-day losing streak as investors focused on potential corporate tax hikes and upcoming economic data.\nThe Dow Jones Industrial Average also advanced, but the Nasdaq Composite Index ended lower.\nInvestors favored value over growth, with stocks set to benefit most from a resurging economy enjoying the biggest percentage gains.\n“There are probably not a lot of positive surprises coming this month,” said Liz Young, head of investment strategy at SoFi in New York. “We’re having another period of volatility where I think that rotation could go back to cyclicals and the reopened trade, as the 10-year bond rate slowly grinds higher through the end of the year.”\nMarket participants are focused on the likely passage of U.S. President Joe Biden’s $3.5 trillion budget package, which is expected to include a proposed corporate tax rate hike to 26.5% from 21%.\nGoldman Sachs analysts see the corporate tax rate increasing to 25% and the passage of about half of a proposed increase to tax rates on foreign income, which they estimate would reduce S&P 500 earnings by 5% in 2022.\nThe Labor Department is due to release its consumer price index data on Tuesday, which could shed further light on the current inflation wave and whether it is as transitory as the Fed insists.\n“I don’t see inflation settling back down under 2% where it was pre-pandemic,” Young added. “Even if some of those transitory forces weaken, we will still stay at a higher rate than we were before.”\nOther key indicators due this week include retail sales and consumer sentiment, which could illuminate how much the demand boom driven by economic re-engagement has been dampened by the highly contagious COVID-19 Delta variant.\nThe Dow Jones Industrial Average rose 261.91 points, or 0.76%, to 34,869.63, the S&P 500 gained 10.15 points, or 0.23%, at 4,468.73 and the Nasdaq Composite dropped 9.91 points, or 0.07%, to 15,105.58.\nOf the 11 major sectors in the S&P 500, healthcare suffered the largest percentage loss, while energy, buoyed by rising crude prices was the biggest gainer.\nShares of vaccine makers Moderna and Pfizer Inc sank 6.6% and 2.2%, respectively, after experts said COVID booster shots are not widely needed.\nCoinbase Global Inc announced plans to raise about $1.5 billion through a debt offering aimed at funding product development and potential acquisitions. The cryptocurrency exchanges shares slid 2.2%.\nSalesforce.com Inc dipped 1.2% as rival Freshworks Inc’s regulatory filing indicated that the business engagement and customer engagement software company is aiming for a nearly $9 billion valuation in it U.S. debut.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.60-to-1 ratio; on Nasdaq, a 1.02-to-1 ratio favored advancers.\nThe S&P 500 posted 12 new 52-week highs and one new low; the Nasdaq Composite recorded 53 new highs and 71 new lows.\nVolume on U.S. exchanges was 10.30 billion shares, compared with the 9.29 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":714,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817728998,"gmtCreate":1630990295214,"gmtModify":1676530436554,"author":{"id":"4089675576670500","authorId":"4089675576670500","name":"CKCC","avatar":"https://static.tigerbbs.com/76b35bb431f122b9c783c3dfda9556b5","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089675576670500","authorIdStr":"4089675576670500"},"themes":[],"htmlText":"Awesome tips","listText":"Awesome tips","text":"Awesome tips","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/817728998","repostId":"2165880909","repostType":4,"isVote":1,"tweetType":1,"viewCount":402,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812694708,"gmtCreate":1630580348804,"gmtModify":1676530346147,"author":{"id":"4089675576670500","authorId":"4089675576670500","name":"CKCC","avatar":"https://static.tigerbbs.com/76b35bb431f122b9c783c3dfda9556b5","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089675576670500","authorIdStr":"4089675576670500"},"themes":[],"htmlText":"awesome","listText":"awesome","text":"awesome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/812694708","repostId":"1159580926","repostType":4,"isVote":1,"tweetType":1,"viewCount":683,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832031700,"gmtCreate":1629536788900,"gmtModify":1676530067724,"author":{"id":"4089675576670500","authorId":"4089675576670500","name":"CKCC","avatar":"https://static.tigerbbs.com/76b35bb431f122b9c783c3dfda9556b5","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089675576670500","authorIdStr":"4089675576670500"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/COIN\">$Coinbase Global, Inc.(COIN)$</a>Team up with MUFG to operate exchange in Japan,Buy 500mil into crypto,Good revenue and cash flow,Can't wait to see the share price go up steadily.. :)","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/COIN\">$Coinbase Global, Inc.(COIN)$</a>Team up with MUFG to operate exchange in Japan,Buy 500mil into crypto,Good revenue and cash flow,Can't wait to see the share price go up steadily.. :)","text":"$Coinbase Global, Inc.(COIN)$Team up with MUFG to operate exchange in Japan,Buy 500mil into crypto,Good revenue and cash flow,Can't wait to see the share price go up steadily.. :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/832031700","isVote":1,"tweetType":1,"viewCount":588,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831144065,"gmtCreate":1629296792557,"gmtModify":1676529996133,"author":{"id":"4089675576670500","authorId":"4089675576670500","name":"CKCC","avatar":"https://static.tigerbbs.com/76b35bb431f122b9c783c3dfda9556b5","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089675576670500","authorIdStr":"4089675576670500"},"themes":[],"htmlText":"hmm.. how true?","listText":"hmm.. how true?","text":"hmm.. how true?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/831144065","repostId":"1144088215","repostType":4,"isVote":1,"tweetType":1,"viewCount":503,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":833170357,"gmtCreate":1629212543979,"gmtModify":1676529969036,"author":{"id":"4089675576670500","authorId":"4089675576670500","name":"CKCC","avatar":"https://static.tigerbbs.com/76b35bb431f122b9c783c3dfda9556b5","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089675576670500","authorIdStr":"4089675576670500"},"themes":[],"htmlText":"momentary slow down","listText":"momentary slow down","text":"momentary slow down","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/833170357","repostId":"2160202525","repostType":2,"isVote":1,"tweetType":1,"viewCount":555,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":833322217,"gmtCreate":1629207375939,"gmtModify":1676529965787,"author":{"id":"4089675576670500","authorId":"4089675576670500","name":"CKCC","avatar":"https://static.tigerbbs.com/76b35bb431f122b9c783c3dfda9556b5","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089675576670500","authorIdStr":"4089675576670500"},"themes":[],"htmlText":"All red","listText":"All red","text":"All red","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/833322217","repostId":"1146168029","repostType":4,"repost":{"id":"1146168029","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":1629206834,"share":"https://ttm.financial/m/news/1146168029?lang=&edition=full_marsco","pubTime":"2021-08-17 21:27","market":"us","language":"en","title":"Stocks open lower after larger-than-expected drop in retail sales","url":"https://stock-news.laohu8.com/highlight/detail?id=1146168029","media":"Tiger Newspress","summary":"(Aug 17) Stocks open lower after larger-than-expected drop in retail sales.\nDow industrials fall 291","content":"<p>(Aug 17) Stocks open lower after larger-than-expected drop in retail sales.</p>\n<p>Dow industrials fall 291 points, or 0.8%. S&P 500 drops 0.7% to 4,448.21. Nasdaq Composite down 0.9% at 14,650.41.</p>\n<p>China tech stocks slump as China’s market regulator issued draft rules banning unfair competition among the nation’s online platform operators.</p>\n<p><img src=\"https://static.tigerbbs.com/792e1772879dc34b07a1aad8629d5ca1\" tg-width=\"375\" tg-height=\"853\" width=\"100%\" height=\"auto\">Dow member Home Depot fell more than 4% after reporting second-quarter results, knocking futures. While quarterly earnings topped estimates, same-store sales rose 4.5% in the period, below the 5% consensus estimate of analysts polled by StreetAccount. U.S. same store sales increased by just 3.4%.</p>\n<p><img src=\"https://static.tigerbbs.com/6e4c94ff0a55a39c655244dde44c44ae\" tg-width=\"1129\" tg-height=\"653\" width=\"100%\" height=\"auto\"></p>\n<p>Walmart shares gained 0.27% after second-quarter earnings topped estimates. The retailer issued cautious guidance; the company said it will earn between $1.30 and $1.40 a share this quarter while the consensus analyst estimate is $1.32, according to StreetAccount.</p>\n<p><img src=\"https://static.tigerbbs.com/cc921ddb3f633aa1f233242ac43da84c\" tg-width=\"1129\" tg-height=\"653\" width=\"100%\" height=\"auto\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks open lower after larger-than-expected drop in retail sales</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\">\nStocks open lower after larger-than-expected drop in retail sales\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-17 21:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Aug 17) Stocks open lower after larger-than-expected drop in retail sales.</p>\n<p>Dow industrials fall 291 points, or 0.8%. S&P 500 drops 0.7% to 4,448.21. Nasdaq Composite down 0.9% at 14,650.41.</p>\n<p>China tech stocks slump as China’s market regulator issued draft rules banning unfair competition among the nation’s online platform operators.</p>\n<p><img src=\"https://static.tigerbbs.com/792e1772879dc34b07a1aad8629d5ca1\" tg-width=\"375\" tg-height=\"853\" width=\"100%\" height=\"auto\">Dow member Home Depot fell more than 4% after reporting second-quarter results, knocking futures. While quarterly earnings topped estimates, same-store sales rose 4.5% in the period, below the 5% consensus estimate of analysts polled by StreetAccount. U.S. same store sales increased by just 3.4%.</p>\n<p><img src=\"https://static.tigerbbs.com/6e4c94ff0a55a39c655244dde44c44ae\" tg-width=\"1129\" tg-height=\"653\" width=\"100%\" height=\"auto\"></p>\n<p>Walmart shares gained 0.27% after second-quarter earnings topped estimates. The retailer issued cautious guidance; the company said it will earn between $1.30 and $1.40 a share this quarter while the consensus analyst estimate is $1.32, according to StreetAccount.</p>\n<p><img src=\"https://static.tigerbbs.com/cc921ddb3f633aa1f233242ac43da84c\" tg-width=\"1129\" tg-height=\"653\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146168029","content_text":"(Aug 17) Stocks open lower after larger-than-expected drop in retail sales.\nDow industrials fall 291 points, or 0.8%. S&P 500 drops 0.7% to 4,448.21. Nasdaq Composite down 0.9% at 14,650.41.\nChina tech stocks slump as China’s market regulator issued draft rules banning unfair competition among the nation’s online platform operators.\nDow member Home Depot fell more than 4% after reporting second-quarter results, knocking futures. While quarterly earnings topped estimates, same-store sales rose 4.5% in the period, below the 5% consensus estimate of analysts polled by StreetAccount. U.S. same store sales increased by just 3.4%.\n\nWalmart shares gained 0.27% after second-quarter earnings topped estimates. 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long term investment","listText":"awesome.. long term investment","text":"awesome.. long term investment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/898560620","repostId":"2157492988","repostType":4,"isVote":1,"tweetType":1,"viewCount":934,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886163400,"gmtCreate":1631575916400,"gmtModify":1676530577365,"author":{"id":"4089675576670500","authorId":"4089675576670500","name":"CKCC","avatar":"https://static.tigerbbs.com/76b35bb431f122b9c783c3dfda9556b5","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089675576670500","authorIdStr":"4089675576670500"},"themes":[],"htmlText":"Good to know","listText":"Good to know","text":"Good to know","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/886163400","repostId":"1178276551","repostType":4,"isVote":1,"tweetType":1,"viewCount":714,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817728998,"gmtCreate":1630990295214,"gmtModify":1676530436554,"author":{"id":"4089675576670500","authorId":"4089675576670500","name":"CKCC","avatar":"https://static.tigerbbs.com/76b35bb431f122b9c783c3dfda9556b5","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089675576670500","authorIdStr":"4089675576670500"},"themes":[],"htmlText":"Awesome tips","listText":"Awesome tips","text":"Awesome tips","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/817728998","repostId":"2165880909","repostType":4,"isVote":1,"tweetType":1,"viewCount":402,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802105727,"gmtCreate":1627727249569,"gmtModify":1703495273955,"author":{"id":"4089675576670500","authorId":"4089675576670500","name":"CKCC","avatar":"https://static.tigerbbs.com/76b35bb431f122b9c783c3dfda9556b5","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089675576670500","authorIdStr":"4089675576670500"},"themes":[],"htmlText":"Correction happened?","listText":"Correction happened?","text":"Correction happened?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/802105727","repostId":"2155015426","repostType":4,"isVote":1,"tweetType":1,"viewCount":371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":833322217,"gmtCreate":1629207375939,"gmtModify":1676529965787,"author":{"id":"4089675576670500","authorId":"4089675576670500","name":"CKCC","avatar":"https://static.tigerbbs.com/76b35bb431f122b9c783c3dfda9556b5","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089675576670500","authorIdStr":"4089675576670500"},"themes":[],"htmlText":"All red","listText":"All red","text":"All red","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/833322217","repostId":"1146168029","repostType":4,"isVote":1,"tweetType":1,"viewCount":524,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839452937,"gmtCreate":1629176507729,"gmtModify":1676529954626,"author":{"id":"4089675576670500","authorId":"4089675576670500","name":"CKCC","avatar":"https://static.tigerbbs.com/76b35bb431f122b9c783c3dfda9556b5","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089675576670500","authorIdStr":"4089675576670500"},"themes":[],"htmlText":"Buy in HK exchange not US.","listText":"Buy in HK exchange not US.","text":"Buy in HK exchange not US.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839452937","repostId":"2159222279","repostType":4,"isVote":1,"tweetType":1,"viewCount":644,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893894359,"gmtCreate":1628253203471,"gmtModify":1703503992278,"author":{"id":"4089675576670500","authorId":"4089675576670500","name":"CKCC","avatar":"https://static.tigerbbs.com/76b35bb431f122b9c783c3dfda9556b5","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089675576670500","authorIdStr":"4089675576670500"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/893894359","repostId":"1195593033","repostType":4,"isVote":1,"tweetType":1,"viewCount":258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802014394,"gmtCreate":1627698868818,"gmtModify":1703494899108,"author":{"id":"4089675576670500","authorId":"4089675576670500","name":"CKCC","avatar":"https://static.tigerbbs.com/76b35bb431f122b9c783c3dfda9556b5","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089675576670500","authorIdStr":"4089675576670500"},"themes":[],"htmlText":"Oh ok","listText":"Oh ok","text":"Oh ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/802014394","repostId":"1135561812","repostType":4,"isVote":1,"tweetType":1,"viewCount":334,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832031700,"gmtCreate":1629536788900,"gmtModify":1676530067724,"author":{"id":"4089675576670500","authorId":"4089675576670500","name":"CKCC","avatar":"https://static.tigerbbs.com/76b35bb431f122b9c783c3dfda9556b5","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089675576670500","authorIdStr":"4089675576670500"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/COIN\">$Coinbase Global, Inc.(COIN)$</a>Team up with MUFG to operate exchange in Japan,Buy 500mil into crypto,Good revenue and cash flow,Can't wait to see the share price go up steadily.. :)","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/COIN\">$Coinbase Global, Inc.(COIN)$</a>Team up with MUFG to operate exchange in Japan,Buy 500mil into crypto,Good revenue and cash flow,Can't wait to see the share price go up steadily.. :)","text":"$Coinbase Global, Inc.(COIN)$Team up with MUFG to operate exchange in Japan,Buy 500mil into crypto,Good revenue and cash flow,Can't wait to see the share price go up steadily.. :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/832031700","isVote":1,"tweetType":1,"viewCount":588,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831144065,"gmtCreate":1629296792557,"gmtModify":1676529996133,"author":{"id":"4089675576670500","authorId":"4089675576670500","name":"CKCC","avatar":"https://static.tigerbbs.com/76b35bb431f122b9c783c3dfda9556b5","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089675576670500","authorIdStr":"4089675576670500"},"themes":[],"htmlText":"hmm.. how true?","listText":"hmm.. how true?","text":"hmm.. how true?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/831144065","repostId":"1144088215","repostType":4,"repost":{"id":"1144088215","kind":"news","pubTimestamp":1629295773,"share":"https://ttm.financial/m/news/1144088215?lang=&edition=full_marsco","pubTime":"2021-08-18 22:09","market":"us","language":"en","title":"A Correction Is Due And It Could Be Deep","url":"https://stock-news.laohu8.com/highlight/detail?id=1144088215","media":"seekingalpha","summary":"Summary\n\nThe stock market is historically overvalued.\nThe stock market is overbought on long-term ch","content":"<p><b>Summary</b></p>\n<ul>\n <li>The stock market is historically overvalued.</li>\n <li>The stock market is overbought on long-term charts.</li>\n <li>Large caps stocks can easily correct 20%-30%, certain Meme and Zombie stocks could be much worse.</li>\n <li>The Fed, as always, will play a pivotal role in how deep of a decline we see, watch the taper closely.</li>\n <li>Raise cash quickly to the high end of your asset allocation policy.</li>\n</ul>\n<p>Any look at an investment should start by asking about what the risks are. For context, we often look at the broader S&P 500 (SPY) which represents most of the market capitalization in the U.S.</p>\n<p>Last year I warned that the stock market could become very overvalued. I urged caution in picking out stocks and ETFs. I also recommended Tesla (TSLA), Bitcoin (BTC-USD), the Invesco Clean Energy ETF (PBW) and the ARK Innovation ETF (ARKK), so I am no uber-bear.</p>\n<p>Today, the stock market is broadly overvalued, including both the Meme stocks and the Zombie stocks. Investor ideas on TINA - there's no alternative, FOMO - fear of missing out, and \"buy the dips\" has worked for over a year on the back of Fed stimulus.</p>\n<p>Now that stimulus is poised to start being reduced we can look back at history. We have been to this game before. Expect a choppy stock market to emerge imminently, if it hasn't already.</p>\n<p><b>S&P 500 Valuation</b></p>\n<p>I have talked about excessive valuations in the stock market since around New Year’s. Here's about where we stand now.</p>\n<p><img src=\"https://static.tigerbbs.com/f383143c5f4b2cf897f5a32c3dffb282\" tg-width=\"909\" tg-height=\"660\" width=\"100%\" height=\"auto\"></p>\n<p>I pay special attention to Crestmont which I believe has an exceptional methodology. Here’s a combined look.</p>\n<p><img src=\"https://static.tigerbbs.com/aba63b9e6f3bb97de066c43c7580a7d0\" tg-width=\"909\" tg-height=\"660\" width=\"100%\" height=\"auto\"></p>\n<p>Clearly, valuations are partying like 1999. This includes the zombies that are on borrowed (literally) time. The questions are how long the party can last and which companies will crash the hardest?</p>\n<p>While I like the entire tech-driven innovation, clean energy, AI, IoT, automation and emerging space economy themes, most of the large-cap stocks are ahead of themselves. The valuations of the S&P 500 reflect that.</p>\n<p>While I have a hard time believing a reversion to mean would drive stocks back to fair valuation by historical standards due to interest rates likely to stay lower for longer, the simple withdrawal of QE - quantitative easing could see stocks drop 20% to 30% across large-cap indexes. Certain Meme categories and Zombie stocks could be worse.</p>\n<p><b>The Technical View Of The S&P 500</b></p>\n<p>This is a monthly (SPY) chart. What jumps out at you?</p>\n<p><img src=\"https://static.tigerbbs.com/45d1a060559c8a7991499236ab7ee5b8\" tg-width=\"1834\" tg-height=\"861\" width=\"100%\" height=\"auto\"></p>\n<p>How about now?</p>\n<p><img src=\"https://static.tigerbbs.com/5e7a38531178fc1ee1e321842c8c80ca\" tg-width=\"1834\" tg-height=\"861\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"><img src=\"https://static.tigerbbs.com/570890645cf8cc7eed30a3affaea8241\" tg-width=\"1834\" tg-height=\"861\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>A correction is inevitable. You are playing with fire if you are chasing here.</p>\n<p>But, if you like it hot, there might be a bit more cigar to puff on before your lips get burned.</p>\n<p>Shooter’s daily chart shows that a correction hasn’t started yet, but there's very little room left on the upside. Again, tough to be a chaser here unless you're very adept at swing trading, especially moves measured in under a month.</p>\n<p>Shooter and I are both showing an S&P 500 correction to between about 350 and as low as around 300. A lot will depend on the size and speed of the Fed taper.</p>\n<p><b>What About The Fed?</b></p>\n<p><img src=\"https://static.tigerbbs.com/6fa0280b46d20716904484e370a3d8e0\" tg-width=\"1168\" tg-height=\"450\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>There's no denying the correlation of Fed balance sheet expansion and its impact on the stock market. When the Fed flattened the balance sheet in 2014 the stock market went choppy for two years.</p>\n<p>That was followed by cheap oil which pushed stocks up. But then, the Fed started to shrink their balance sheet outright and we got the two massive bouts of volatility in 2018. By September 2019 the repo market was collapsing and QE was restarted which again pushed stocks up.</p>\n<p>Then COVID-19 hit causing one of the largest economic shocks in history. The Fed's response was massive bailouts that exceededthe economic damage. That explosive shock and awe response has carried the stock market since.</p>\n<p>The Fed has now moved from talking about tapering to talking about when to taper. The consensus is to start flattening the expansion soon. At the same time, we are at historic valuations and overbought on long-term charts. What could go wrong?</p>\n<p>Interestingly, for the first time in a long time, margin debt ebbed a bit.</p>\n<p>That little tick near the bottom of the red line could just be a blip. Or it could be a sign of alligator jaws starting to close. There have been signs of reduced liquidity in recent weeks as indicated by the firming dollar. If the dollar rises to around $96 as I think is likely later this year or early next year, then stocks have a major headwind.</p>\n<p><img src=\"https://static.tigerbbs.com/6aa7bfa757b16de395877355efd9d751\" tg-width=\"640\" tg-height=\"344\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p><b>Investment Actions Now</b></p>\n<p>Very simply, raise cash levels to the conservative edge of your asset allocation plan. If you are retired and conservative by nature, raising cash to 50% by trimming your weakest positions most is a great idea.</p>\n<p>If you're more aggressive, then ramping up to a war chest of 20% cash makes a lot of sense by trimming your least attractive long-term holdings and weakest performers the past year. Often performance is a simple way to identify the weaklings in a portfolio, though clearly, it's not always that easy.</p>\n<p>In short, tighten up your asset allocation. Risk management first.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Correction Is Due And It Could Be Deep</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\">\nA Correction Is Due And It Could Be Deep\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 22:09 GMT+8 <a href=https://seekingalpha.com/article/4450105-a-correction-is-due-and-it-could-be-deep><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe stock market is historically overvalued.\nThe stock market is overbought on long-term charts.\nLarge caps stocks can easily correct 20%-30%, certain Meme and Zombie stocks could be much ...</p>\n\n<a href=\"https://seekingalpha.com/article/4450105-a-correction-is-due-and-it-could-be-deep\">Web 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","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://seekingalpha.com/article/4450105-a-correction-is-due-and-it-could-be-deep","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144088215","content_text":"Summary\n\nThe stock market is historically overvalued.\nThe stock market is overbought on long-term charts.\nLarge caps stocks can easily correct 20%-30%, certain Meme and Zombie stocks could be much worse.\nThe Fed, as always, will play a pivotal role in how deep of a decline we see, watch the taper closely.\nRaise cash quickly to the high end of your asset allocation policy.\n\nAny look at an investment should start by asking about what the risks are. For context, we often look at the broader S&P 500 (SPY) which represents most of the market capitalization in the U.S.\nLast year I warned that the stock market could become very overvalued. I urged caution in picking out stocks and ETFs. I also recommended Tesla (TSLA), Bitcoin (BTC-USD), the Invesco Clean Energy ETF (PBW) and the ARK Innovation ETF (ARKK), so I am no uber-bear.\nToday, the stock market is broadly overvalued, including both the Meme stocks and the Zombie stocks. Investor ideas on TINA - there's no alternative, FOMO - fear of missing out, and \"buy the dips\" has worked for over a year on the back of Fed stimulus.\nNow that stimulus is poised to start being reduced we can look back at history. We have been to this game before. Expect a choppy stock market to emerge imminently, if it hasn't already.\nS&P 500 Valuation\nI have talked about excessive valuations in the stock market since around New Year’s. Here's about where we stand now.\n\nI pay special attention to Crestmont which I believe has an exceptional methodology. Here’s a combined look.\n\nClearly, valuations are partying like 1999. This includes the zombies that are on borrowed (literally) time. The questions are how long the party can last and which companies will crash the hardest?\nWhile I like the entire tech-driven innovation, clean energy, AI, IoT, automation and emerging space economy themes, most of the large-cap stocks are ahead of themselves. The valuations of the S&P 500 reflect that.\nWhile I have a hard time believing a reversion to mean would drive stocks back to fair valuation by historical standards due to interest rates likely to stay lower for longer, the simple withdrawal of QE - quantitative easing could see stocks drop 20% to 30% across large-cap indexes. Certain Meme categories and Zombie stocks could be worse.\nThe Technical View Of The S&P 500\nThis is a monthly (SPY) chart. What jumps out at you?\n\nHow about now?\n\nA correction is inevitable. You are playing with fire if you are chasing here.\nBut, if you like it hot, there might be a bit more cigar to puff on before your lips get burned.\nShooter’s daily chart shows that a correction hasn’t started yet, but there's very little room left on the upside. Again, tough to be a chaser here unless you're very adept at swing trading, especially moves measured in under a month.\nShooter and I are both showing an S&P 500 correction to between about 350 and as low as around 300. A lot will depend on the size and speed of the Fed taper.\nWhat About The Fed?\n\nThere's no denying the correlation of Fed balance sheet expansion and its impact on the stock market. When the Fed flattened the balance sheet in 2014 the stock market went choppy for two years.\nThat was followed by cheap oil which pushed stocks up. But then, the Fed started to shrink their balance sheet outright and we got the two massive bouts of volatility in 2018. By September 2019 the repo market was collapsing and QE was restarted which again pushed stocks up.\nThen COVID-19 hit causing one of the largest economic shocks in history. The Fed's response was massive bailouts that exceededthe economic damage. That explosive shock and awe response has carried the stock market since.\nThe Fed has now moved from talking about tapering to talking about when to taper. The consensus is to start flattening the expansion soon. At the same time, we are at historic valuations and overbought on long-term charts. What could go wrong?\nInterestingly, for the first time in a long time, margin debt ebbed a bit.\nThat little tick near the bottom of the red line could just be a blip. Or it could be a sign of alligator jaws starting to close. There have been signs of reduced liquidity in recent weeks as indicated by the firming dollar. If the dollar rises to around $96 as I think is likely later this year or early next year, then stocks have a major headwind.\n\nInvestment Actions Now\nVery simply, raise cash levels to the conservative edge of your asset allocation plan. If you are retired and conservative by nature, raising cash to 50% by trimming your weakest positions most is a great idea.\nIf you're more aggressive, then ramping up to a war chest of 20% cash makes a lot of sense by trimming your least attractive long-term holdings and weakest performers the past year. Often performance is a simple way to identify the weaklings in a portfolio, though clearly, it's not always that easy.\nIn short, tighten up your asset allocation. Risk management first.","news_type":1},"isVote":1,"tweetType":1,"viewCount":503,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":833170357,"gmtCreate":1629212543979,"gmtModify":1676529969036,"author":{"id":"4089675576670500","authorId":"4089675576670500","name":"CKCC","avatar":"https://static.tigerbbs.com/76b35bb431f122b9c783c3dfda9556b5","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4089675576670500","authorIdStr":"4089675576670500"},"themes":[],"htmlText":"momentary slow down","listText":"momentary slow down","text":"momentary slow 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