Jayden Chong personal page - To The Moon

Jayden Chong

Jayden Chong

- 万人追不如一人疼 - 万人宠不如一人懂

162Follow

17Followers

40Topic

0Badge

2024-09-07

[What] [What] [What]

2024-09-12

$Trump Media & Technology(DJT)$ @Giftreward [Lovely] [Lovely] [Lovely]

2024-07-25

$NVIDIA Corp(NVDA)$ Green[What] [What] [Cool] [Cool] [Miser] [Miser] [Miser]

2024-11-06

[What] [What] [What] [What]

2022-09-24

Great [Smile]

The iPhone 14 Has Been on Sale for a Week, The Pro Models Are the Stars

2022-09-12

Glad that am on 🤭 The Right Trading Platform

2024-07-19

$NVIDIA Corp(NVDA)$ [What] [What] [What]

2022-09-15

@TigerClub #wise choice# @TigerClub Hottest 🥵 You’re 🤢 IXIC SQQQ SPX TQQQ QQQ 🤮 &nbs

2024-08-21

$NVIDIA Corp(NVDA)$ @TigerNews_SG [What] [What] [What]

2024-07-26

$Apple(AAPL)$ @TigerNews_SG @TigerNews_SG @TigerClub [Observation] [Observation] [Observation]

2022-09-15

Well we'll [What]

Leveraged ETFs Added to Stock Chaos With $15.5 Billion Selling

2022-09-12

$Tiger Brokers(TIGR)$hmmm and still hmmmm perhaps 🤔 green hmmm 🧐

2024-07-25

Try 24-hour trading and win up to 2 Apple shares!

Find out more here: Try 24-hour trading and win up to 2 Apple shares! Staying up late for opportunities? Try 24-hour trading and win up to 2 Apple shares!@TigerNews_SG @TigerNews_SG [Observation] [Observation] [Observation] [Observation] [Observation] [Observation] which two will you take 😒😒

Try 24-hour trading and win up to 2 Apple shares!

2024-07-24

$Tesla Motors(TSLA)$ [Observation] [Observation] [Observation] [Observation]

2024-06-29

$Tiger Brokers(TIGR)$

2024-06-29

$Tiger Brokers(TIGR)$

2022-09-28

[Happy]

How Has the Singtel Share Price Responded to the Optus Data Breach?

2024-11-05

$Palantir Technologies Inc.(PLTR)$ [What] [What] [What] green green

2024-09-09

$Apple(AAPL)$ [What] [What] [What] green [Miser]

2024-07-25

$Amazon.com(AMZN)$ 184[Miser] [Miser] [Miser]

Go to Tiger App to see more news

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[What]&nbsp; [What]&nbsp; [What]&nbsp;&nbsp;","listText":"[What]&nbsp; [What]&nbsp; [What]&nbsp; [What]&nbsp;&nbsp;","text":"[What] [What] [What] [What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367983779651808","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367983779651808,"gmtCreate":1730857629020,"gmtModify":1730857633092,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"[What]&nbsp; [What]&nbsp; [What]&nbsp; [What]&nbsp;&nbsp;","listText":"[What]&nbsp; [What]&nbsp; [What]&nbsp; [What]&nbsp;&nbsp;","text":"[What] [What] [What] [What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/367983779651808","isVote":1,"tweetType":1,"viewCount":608,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367890175189344,"gmtCreate":1730857505567,"gmtModify":1730857509342,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/U/4094961541348500\">@Jayden Chong</a> <a href=\"https://ttm.financial/U/3527667671414981\">@TigerClub</a> [Observation]&nbsp; [Observation]&nbsp; [Observation]&nbsp;&nbsp;","listText":"<a href=\"https://ttm.financial/U/4094961541348500\">@Jayden Chong</a> <a href=\"https://ttm.financial/U/3527667671414981\">@TigerClub</a> [Observation]&nbsp; [Observation]&nbsp; [Observation]&nbsp;&nbsp;","text":"@Jayden Chong @TigerClub [Observation] [Observation] [Observation]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367890175189344","repostId":"367701152391424","repostType":1,"repost":{"id":367701152391424,"gmtCreate":1730786180898,"gmtModify":1730876240740,"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3559581955535845","authorIdStr":"3559581955535845"},"themes":[],"htmlText":"🌟🌟🌟Hurray!&nbsp; Sheng Siong&nbsp;<a href=\"https://ttm.financial/S/OV8.SI\">$Sheng Siong(OV8.SI)$ </a> share price has just hit a 52 week high today.&nbsp; Sheng Siong is the 3rd largest supermarket chain after NTUC and Cold Storage.&nbsp; Sheng Siong's revenue growth for Q3 24 is driven by the opening of new stores.&nbsp; As a result, its Q3 24 net profit is up by 12.6%.&nbsp; &nbsp; Sheng Siong is synonymous with its value for money products, making it very popular with Singaporeans.&nbsp; &nbsp; I also like Sheng Siong's excellent management and best of all, its regular and steady dividends.&nbsp; The current dividend yield is 3.93%. <a href=\"https://ttm.financial/U/4106547232749330\">@Tiger_SG </a>&nbsp;<a href=\"https://ttm.financial/U/3501196737273098\">@Tiger_comments </a>&nbsp;<a href=\"\"></a>","listText":"🌟🌟🌟Hurray!&nbsp; Sheng Siong&nbsp;<a href=\"https://ttm.financial/S/OV8.SI\">$Sheng Siong(OV8.SI)$ </a> share price has just hit a 52 week high today.&nbsp; Sheng Siong is the 3rd largest supermarket chain after NTUC and Cold Storage.&nbsp; Sheng Siong's revenue growth for Q3 24 is driven by the opening of new stores.&nbsp; As a result, its Q3 24 net profit is up by 12.6%.&nbsp; &nbsp; Sheng Siong is synonymous with its value for money products, making it very popular with Singaporeans.&nbsp; &nbsp; I also like Sheng Siong's excellent management and best of all, its regular and steady dividends.&nbsp; The current dividend yield is 3.93%. <a href=\"https://ttm.financial/U/4106547232749330\">@Tiger_SG </a>&nbsp;<a href=\"https://ttm.financial/U/3501196737273098\">@Tiger_comments </a>&nbsp;<a href=\"\"></a>","text":"🌟🌟🌟Hurray! Sheng Siong $Sheng Siong(OV8.SI)$ share price has just hit a 52 week high today. Sheng Siong is the 3rd largest supermarket chain after NTUC and Cold Storage. Sheng Siong's revenue growth for Q3 24 is driven by the opening of new stores. As a result, its Q3 24 net profit is up by 12.6%. Sheng Siong is synonymous with its value for money products, making it very popular with Singaporeans. I also like Sheng Siong's excellent management and best of all, its regular and steady dividends. The current dividend yield is 3.93%. @Tiger_SG @Tiger_comments","images":[{"img":"https://community-static.tradeup.com/news/12ecd0e9c0bc79e844f4b609e9ebe676","width":"882","height":"1668"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367701152391424","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367982706724920,"gmtCreate":1730857278954,"gmtModify":1730857282980,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a>&nbsp; [Observation]&nbsp; [Observation]&nbsp; [Observation]&nbsp; <a href=\"https://ttm.financial/U/3527667671414981\">@TigerClub</a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a>&nbsp; [Observation]&nbsp; [Observation]&nbsp; [Observation]&nbsp; <a href=\"https://ttm.financial/U/3527667671414981\">@TigerClub</a>&nbsp;","text":"$Palantir Technologies Inc.(PLTR)$ [Observation] [Observation] [Observation] @TigerClub","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367982706724920","isVote":1,"tweetType":1,"viewCount":569,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367981771227360,"gmtCreate":1730857138682,"gmtModify":1731641776890,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/U/4094961541348500\">@Jayden Chong</a> [Sly]&nbsp; [Sly]&nbsp; [Sly]&nbsp;&nbsp;","listText":"<a href=\"https://ttm.financial/U/4094961541348500\">@Jayden Chong</a> [Sly]&nbsp; [Sly]&nbsp; [Sly]&nbsp;&nbsp;","text":"@Jayden Chong [Sly] [Sly] [Sly]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367981771227360","isVote":1,"tweetType":1,"viewCount":535,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367981212078144,"gmtCreate":1730856915027,"gmtModify":1730861988193,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/DJT\">$Trump Media &amp; Technology(DJT)$&nbsp;</a>&nbsp; [What]&nbsp; [What]&nbsp; [What]&nbsp; <a href=\"https://ttm.financial/U/4102068993518380\">@TigerNews_SG</a> <a href=\"https://ttm.financial/U/3527667620927015\">@Tiger_Earnings</a> green [Lovely]&nbsp;&nbsp;","listText":"<a href=\"https://ttm.financial/S/DJT\">$Trump Media &amp; Technology(DJT)$&nbsp;</a>&nbsp; [What]&nbsp; [What]&nbsp; [What]&nbsp; <a href=\"https://ttm.financial/U/4102068993518380\">@TigerNews_SG</a> <a href=\"https://ttm.financial/U/3527667620927015\">@Tiger_Earnings</a> green [Lovely]&nbsp;&nbsp;","text":"$Trump Media & Technology(DJT)$ [What] [What] [What] @TigerNews_SG @Tiger_Earnings green [Lovely]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367981212078144","isVote":1,"tweetType":1,"viewCount":337,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367736119898464,"gmtCreate":1730819894412,"gmtModify":1730819897743,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a>&nbsp; [What]&nbsp; [What]&nbsp; [What]&nbsp; green green&nbsp;","listText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a>&nbsp; [What]&nbsp; [What]&nbsp; [What]&nbsp; green green&nbsp;","text":"$Palantir Technologies Inc.(PLTR)$ [What] [What] [What] green green","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367736119898464","isVote":1,"tweetType":1,"viewCount":399,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367829305856120,"gmtCreate":1730819829043,"gmtModify":1730819830960,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/U/4102068993518380\">@TigerNews_SG</a> <a href=\"https://ttm.financial/U/4102068993518380\">@TigerNews_SG</a>&nbsp;","listText":"<a href=\"https://ttm.financial/U/4102068993518380\">@TigerNews_SG</a> <a href=\"https://ttm.financial/U/4102068993518380\">@TigerNews_SG</a>&nbsp;","text":"@TigerNews_SG @TigerNews_SG","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367829305856120","isVote":1,"tweetType":1,"viewCount":368,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367829209337936,"gmtCreate":1730819805006,"gmtModify":1731641777544,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"[What]&nbsp; [What]&nbsp; [What]&nbsp;&nbsp;","listText":"[What]&nbsp; [What]&nbsp; [What]&nbsp;&nbsp;","text":"[What] [What] [What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367829209337936","isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366923843281024,"gmtCreate":1730589327028,"gmtModify":1730589331064,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"[What]&nbsp; [What]&nbsp; [What]&nbsp;&nbsp;","listText":"[What]&nbsp; [What]&nbsp; [What]&nbsp;&nbsp;","text":"[What] [What] [What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/366923843281024","repostId":"366284827242544","repostType":1,"repost":{"id":366284827242544,"gmtCreate":1730451047382,"gmtModify":1730472002274,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"[Events] What’s Your Best Buy of the Year? 🎁","htmlText":"Have you discovered any must-have items this year? With the holiday shopping season around the corner, we’re inviting everyone to share their “Best Buy of the Year.” What’s something that really stood out for you—an investment that boosted your portfolio, a gadget that brought extra happiness, or maybe a small purchase that’s made life more convenient? Head to the comments and let us know!How to JoinShare this post and tag at least one friend to join the conversation!Leave a comment describing your “Best Buy of the Year” and explain how it added value to your life or investments.Feel free to include photos or tips on how you use it or why you invested in it!Event DatesNovember 1, 2024 - November 8, 2024PrizesAll participants who comment will receive 5 Tiger Coins. Share the post and tag a","listText":"Have you discovered any must-have items this year? With the holiday shopping season around the corner, we’re inviting everyone to share their “Best Buy of the Year.” What’s something that really stood out for you—an investment that boosted your portfolio, a gadget that brought extra happiness, or maybe a small purchase that’s made life more convenient? Head to the comments and let us know!How to JoinShare this post and tag at least one friend to join the conversation!Leave a comment describing your “Best Buy of the Year” and explain how it added value to your life or investments.Feel free to include photos or tips on how you use it or why you invested in it!Event DatesNovember 1, 2024 - November 8, 2024PrizesAll participants who comment will receive 5 Tiger Coins. Share the post and tag a","text":"Have you discovered any must-have items this year? With the holiday shopping season around the corner, we’re inviting everyone to share their “Best Buy of the Year.” What’s something that really stood out for you—an investment that boosted your portfolio, a gadget that brought extra happiness, or maybe a small purchase that’s made life more convenient? Head to the comments and let us know!How to JoinShare this post and tag at least one friend to join the conversation!Leave a comment describing your “Best Buy of the Year” and explain how it added value to your life or investments.Feel free to include photos or tips on how you use it or why you invested in it!Event DatesNovember 1, 2024 - November 8, 2024PrizesAll participants who comment will receive 5 Tiger Coins. Share the post and tag a","images":[{"img":"https://community-static.tradeup.com/news/3b8af851f9b917d131b5e428b366714a","width":"1486","height":"1464"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/366284827242544","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366336822403096,"gmtCreate":1730446010978,"gmtModify":1730446813029,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"Happy Halloween everyone meow~ <a href=\"https://ttm.financial/U/4098751786564280\"> @Giftreward </a><a href=\"https://ttm.financial/U/4102068993518380\"> @TigerNews_SG </a><a href=\"https://ttm.financial/U/3527667620927015\"> @Tiger_Earnings </a><a href=\"https://ttm.financial/U/4094961541348500\"> @Jayden Chong </a>[Lovely][Lovely][Lovely]","listText":"Happy Halloween everyone meow~ <a href=\"https://ttm.financial/U/4098751786564280\"> @Giftreward </a><a href=\"https://ttm.financial/U/4102068993518380\"> @TigerNews_SG </a><a href=\"https://ttm.financial/U/3527667620927015\"> @Tiger_Earnings </a><a href=\"https://ttm.financial/U/4094961541348500\"> @Jayden Chong </a>[Lovely][Lovely][Lovely]","text":"Happy Halloween everyone meow~ @Giftreward @TigerNews_SG @Tiger_Earnings @Jayden Chong [Lovely][Lovely][Lovely]","images":[{"img":"https://community-static.tradeup.com/news/935840fc88df6d1b984a155c30cac3e9"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/366336822403096","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":359656335077656,"gmtCreate":1728814715822,"gmtModify":1728814720126,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a> Green <a href=\"https://ttm.financial/U/3527667620927015\">@Tiger_Earnings</a> <a href=\"https://ttm.financial/U/3527667618821228\">@MillionaireTiger</a> <a href=\"https://ttm.financial/U/3527667588142897\">@TigerPM</a> <a href=\"https://ttm.financial/U/3527667671414981\">@TigerClub</a> <a href=\"https://ttm.financial/U/4098751786564280\">@Giftreward</a> <a href=\"https://ttm.financial/U/4102068993518380\">@TigerNews_SG</a> &nbsp;green [Lovely]&nbsp; [Lovely]&nbsp; [Lovely]&nbsp;&nbsp;","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a> Green <a href=\"https://ttm.financial/U/3527667620927015\">@Tiger_Earnings</a> <a href=\"https://ttm.financial/U/3527667618821228\">@MillionaireTiger</a> <a href=\"https://ttm.financial/U/3527667588142897\">@TigerPM</a> <a href=\"https://ttm.financial/U/3527667671414981\">@TigerClub</a> <a href=\"https://ttm.financial/U/4098751786564280\">@Giftreward</a> <a href=\"https://ttm.financial/U/4102068993518380\">@TigerNews_SG</a> &nbsp;green [Lovely]&nbsp; [Lovely]&nbsp; [Lovely]&nbsp;&nbsp;","text":"$Tesla Motors(TSLA)$ Green @Tiger_Earnings @MillionaireTiger @TigerPM @TigerClub @Giftreward @TigerNews_SG green [Lovely] [Lovely] [Lovely]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359656335077656","isVote":1,"tweetType":1,"viewCount":174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359656234934472,"gmtCreate":1728814602258,"gmtModify":1728814606474,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"[Lovely]&nbsp; [Lovely]&nbsp; [Lovely]&nbsp;&nbsp;","listText":"[Lovely]&nbsp; [Lovely]&nbsp; [Lovely]&nbsp;&nbsp;","text":"[Lovely] [Lovely] [Lovely]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359656234934472","repostId":"358873827053704","repostType":1,"repost":{"id":358873827053704,"gmtCreate":1728623554207,"gmtModify":1728646802709,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"[Events] What’s the one thing you want to accomplish before the end of the year?","htmlText":"As of October 11, 2024, we’ve already passed three-quarters of the year. Many of us have goals and aspirations we hope to achieve. Whether it’s improving your investment skills, planning a new investment, or taking a family trip, what do you most want to accomplish before the year ends?Today, we would like to invite you to share your end-of-year goals! Is it completing a specific investment, learning something new, or fulfilling a personal dream? Let’s come together to inspire each other as we work towards our objectives![How to Participate]Share this post and tag at least one friend to join the discussion.Tell us what you hope to accomplish before the end of the year and how you intend to accomplish it.This can be a specific action plan or the motivation behind your aspirations.[Event Dur","listText":"As of October 11, 2024, we’ve already passed three-quarters of the year. Many of us have goals and aspirations we hope to achieve. Whether it’s improving your investment skills, planning a new investment, or taking a family trip, what do you most want to accomplish before the year ends?Today, we would like to invite you to share your end-of-year goals! Is it completing a specific investment, learning something new, or fulfilling a personal dream? Let’s come together to inspire each other as we work towards our objectives![How to Participate]Share this post and tag at least one friend to join the discussion.Tell us what you hope to accomplish before the end of the year and how you intend to accomplish it.This can be a specific action plan or the motivation behind your aspirations.[Event Dur","text":"As of October 11, 2024, we’ve already passed three-quarters of the year. Many of us have goals and aspirations we hope to achieve. Whether it’s improving your investment skills, planning a new investment, or taking a family trip, what do you most want to accomplish before the year ends?Today, we would like to invite you to share your end-of-year goals! Is it completing a specific investment, learning something new, or fulfilling a personal dream? Let’s come together to inspire each other as we work towards our objectives![How to Participate]Share this post and tag at least one friend to join the discussion.Tell us what you hope to accomplish before the end of the year and how you intend to accomplish it.This can be a specific action plan or the motivation behind your aspirations.[Event Dur","images":[{"img":"https://community-static.tradeup.com/news/49b84ebbda203ef3e2c27eee31be09e1","width":"1024","height":"1024"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/358873827053704","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359656186675408,"gmtCreate":1728814591251,"gmtModify":1728814594958,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"[What]","listText":"[What]","text":"[What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359656186675408","isVote":1,"tweetType":1,"viewCount":185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359654956884032,"gmtCreate":1728814373831,"gmtModify":1728814377312,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"[What]&nbsp; [What]&nbsp; [What]&nbsp;&nbsp;","listText":"[What]&nbsp; [What]&nbsp; [What]&nbsp;&nbsp;","text":"[What] [What] [What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359654956884032","repostId":"2474531790","repostType":2,"repost":{"id":"2474531790","kind":"highlight","pubTimestamp":1728652137,"share":"https://ttm.financial/m/news/2474531790?lang=&edition=fundamental","pubTime":"2024-10-11 21:08","market":"sh","language":"en","title":"Apple: High Valuation Does Not Account For The Risks","url":"https://stock-news.laohu8.com/highlight/detail?id=2474531790","media":"seekingalpha","summary":"Apple is still reporting solid results, but in the last few quarters it was especially China which was struggling.And while we can be optimistic about China turning around, I still see a high risk for","content":"<html><head></head><body><ul style=\"\"><li><p>Apple is still reporting solid results, but in the last few quarters it was especially China which was struggling.</p></li><li><p>And while we can be optimistic about China turning around, I still see a high risk for the United States being headed for a recession.</p></li><li><p>Aside from a recession having a negative impact on Apple&#39;s business, the valuation multiples still seem excessive.</p></li><li><p>Maybe we should follow the steps of Warren Buffett and also trim exposure to AAPL a bit.</p></li></ul><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7cc92731e3288aa73c94a44f6c5e8b83\" tg-width=\"750\" tg-height=\"498\"/></p><p>My last article about Apple Inc. (NASDAQ:AAPL) was published in February 2024 and the stock was a “Hold” for me. However, Apple outperformed the S&amp;P 500, (SPY) which already increased 12% since the last article was published. Apple, on the other hand, increased 20% and was therefore a great investment, and we can certainly argue that I was wrong about Apple in the last seven months.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6115ab2bb026f4066acc00c6224367d9\" tg-width=\"635\" tg-height=\"456\"/></p><p>Data by YCharts</p><p></p><p>And when looking at the last few years (the last five years, for example), Apple outperformed the overall stock market in an impressive way. Apple did not only outperform the S&amp;P 500, but also the Nasdaq-100 (QQQ) which usually performs much better in bull markets than the broader S&amp;P 500.</p><p>In the following article, I will look at Apple again. We will look at the situation in China and what to expect here considering the stock market jump we saw in the last few weeks; we will look at the United States, and we will calculate an intrinsic value for the Apple once again.</p><h2 id=\"id_1540638400\">Quarterly Results</h2><p>When looking at the last quarterly results, we can start by Apple beating estimates once again – revenue as well as earnings per share were above expectations. Revenue was $1.42 billion higher than estimates, and earnings per share were $0.06 higher than expectations. And Apple did not only beat estimates but could grow year-over-year. Total net sales increased from $81,797 million in Q3/23 to $85,777 million in Q3/24 – resulting in 4.9% year-over-year growth. And while the top line increased in the mid-single digits, operating income increased 10.2% year-over-year from $22,998 million in the same quarter last year to $25,352 million this quarter. Diluted earnings per share increased from $1.26 in the same quarter last year to $1.40 this quarter, resulting in 11.1% year-over-year growth.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d4f06a0efd032e2c3a14e6a6bc375d49\" tg-width=\"640\" tg-height=\"573\"/></p><p>Apple Earnings Release Q3/24</p><p></p><p>We can also look at the two different types of revenue and while product sales increased only slightly from $60,584 million in the same quarter last year to $61,564 million this quarter (resulting in 1.6% year-over-year growth), service sales increased 14.1% year-over-year from $21,213 million to $24,213 million and drove growth for the top line.</p><p>And Apple will already report fourth quarter results in three weeks from now - on October 31, 2024 - meaning we can already take a look at what to expect. Analysts are expecting revenue to be about $94.2 billion and GAAP EPS to be $1.59. This would result in 5.3% top-line growth and 8.9% bottom-line growth. And for revenue this would actually mean a little higher growth rate than in the previous quarters, for earnings per share it is rather a low growth rate compared to the last few quarters. And in the last three months, analysts got rather optimistic about the upcoming earnings, with mostly up revisions. However, I don&#39;t know how optimistic we should be about Apple not only in the coming quarters, but next few years.</p><h2 id=\"id_3880380437\">China Still a Problem</h2><p>When looking at the sales by region, we can see that Greater China was still one of the major problems for Apple. Revenue from Greater China declined from $15,758 million in Q3/23 to $14,728 million in Q3/24 – resulting in a decline of 6.5%. All other regions still reported growing revenue in the third quarter.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6861540c57e088c8209479b76c716118\" tg-width=\"640\" tg-height=\"141\"/></p><p>Apple Earnings Release Q3/24</p><p></p><p>However, in the last two weeks, the situation in China suddenly got interesting. The metrics and numbers are still not great, and retail sales growth – probably one of the most important metrics for Apple – is still slowing down.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/39376b29d11791b07715f586885d233f\" tg-width=\"640\" tg-height=\"437\"/></p><p>China Retail Sales YoY (Trading Economics)</p><p></p><p>But in the last two weeks, the stock market suddenly rallied, and the CSI 300 increased almost 28% in the last two weeks. Of course, nobody has a crystal ball, and the stock market could decline again and continue its downtrend in the years to come. And from a technical point of view, we are still in a downtrend at this point, but we have to see the last two weeks as a strong bullish sign and potential sentiment change.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/d172527fc33f1497a3c1eb75d96827f2\" tg-width=\"640\" tg-height=\"394\"/></p><p>TradingView</p><p></p><p>When looking at different stocks, we can also see huge differences in performance. In the last month, Chinese technology companies like Tencent Holdings Limited (OTCPK:TCEHY), Alibaba Group Holding Limited (BABA) or JD.com, Inc. (JD) increased at a high pace. Apple, on the other hand, did not really move, although we might expect that investors are also becoming more optimistic. Luxury companies like LVMH Moet Hennessy – Louis Vuitton (OTCPK:LVMHF), which is also generating a huge part of its revenue in China, did at least react to the news.</p><p>And while one might argue that Apple should also benefit from the stimulus, we can see that other companies, which also have a huge exposure to China also didn’t move. One example might be Starbucks Corporation (SBUX), which is also generating a huge part of its revenue in China, but the stock price did not profit from the announcement of stimulus.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/02c901750f5c2da2f68b4c6f1a7e506f\" tg-width=\"635\" tg-height=\"507\"/></p><p>Data by YCharts</p><p></p><p>Of course, we should also keep in mind that this is a very simplistic view. Not every stock is moving in a similar way as different stocks are, for example, trading for different valuation multiples and a stock that can be considered rather overvalued might not move while a deeply undervalued stock might jump on the news.</p><p>But for the Chinese economy, we can be optimistic that the country will manage to break out of this difficult time of rather low growth rates (I am trying to avoid the term recession as the GDP did not shrink, but for China it probably felt like a recession). And at least according to the IMF, Greater China will grow 4.6% in 2024, 4.1% in 2025 and 3.8% in 2026. And especially the retail market is expecting to grow with a CAGR of 8% in the next few years (see Technavio or Mordor Intelligence). And we can assume that Apple will also profit and the sales for Apple’s products will increase again, but this might take a few more quarters before the situation will change.</p><h2 id=\"id_2148639352\">United States</h2><p>And while we have small signs of improvement in China and can hope for China to start growing at a higher pace again, the situation in the United States is completely different. I have already pointed out in my last article about Apple (and in several articles about other companies in the last one or two months) that the situation in the United States is getting worse, and we might be only a few months away from a recession.</p><p>In the last few weeks, some metrics actually improved again, and this could be reason enough to question again if we are actually headed for a recession. For example, while the Sahm Rule is clearly indicating that we are headed for a recession (as the metric is above 0.5 and increasing), the number of initial claims for unemployment insurance is declining again in the last few weeks (I am looking at the 4-week moving average here).</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/3e857b71b3bd034a53fc38610ab4b3ef\" tg-width=\"640\" tg-height=\"219\"/></p><p>FRED</p><p></p><p>Additionally, housing permits are also rather stagnating than declining. And while the number of housing permits is clearly below the 2021 peak, we don’t see the steep decline we often saw before other recessions in the past decades.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/29ebc44713355e3fb8aae6e17eaf5493\" tg-width=\"640\" tg-height=\"219\"/></p><p>FRED</p><p></p><p>But while some metrics might lead to some doubts if the United States might be headed for a recession, other warning signs are pretty obvious. I mentioned several times in the last few quarters that the inverted yield curve is a first and strong warning sign and a few weeks ago, the yield curve started to re-invert again – a step that is usually happening shortly before the United States entered a recession in the past.</p><p>Another step that is usually happening before a recession occurs is the FED pivot and about two weeks ago, the FED lowered interested rates by 50bps and therefore switching from raising interest rates to lowering interest rates. This is another step usually happening before a recession and therefore a potential warning sign.</p><p>Additionally, we can also look at fundamental data and see for example that bankruptcies are constantly rising in the last few quarters and although the numbers are not dramatic yet, the number of bankruptcies in 2024 will probably be the highest since 2010.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/284e3c529546f014b2366a20a8fdd384\" tg-width=\"660\" tg-height=\"877\"/></p><p>S&amp;P Global</p><p></p><p>Aside from bankruptcies, delinquency rates are also increasing – for example for the CRE loans, which are often considered to be the most dangerous among the different types of loans banks currently have on the balance sheet.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/758893aa4922d2b0f2ab91812173cdef\" tg-width=\"640\" tg-height=\"486\"/></p><p>S&amp;P Global</p><p></p><p>And not only do delinquency rates for commercial loans increase, delinquency rate for credit cards, auto loans or mortgages are also starting to accelerate. We are still away from the situation during the Great Financial Crisis, but aside from student loans, almost every other type of loan is sending first warning signals as the transition into delinquency (more than 30 days delinquent) is increasing.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e709592a882094fd1bcd140466e9439f\" tg-width=\"640\" tg-height=\"482\"/></p><p>New York FED Housing Debt and Credit Report</p><p></p><p>And even when we can be optimistic, that the situation in China might improve again and consumers are spending more again in the coming quarters and years (and also buying more Apple products), the United States (as well as Western Europe) are a much bigger market for Apple and more important. An improving situation in China will be more than offset by a worsening situation in the United States. The “Americas” region is responsible for about 42% of total revenue and Europe is responsible for about 26% of total revenue. Hence, it seems obvious that the situation in the United States and Europe is way more important than in China and if the Western world should take a turn for the worse, an improving situation in China is certainly not enough to set it off.</p><h2 id=\"id_1390221930\">What Does Buffett Know?</h2><p>One story that is certainly important is Berkshire Hathaway, Inc. (BRK.A) (BRK.B) and Warren Buffett selling a huge part of its Apple position. In the second quarter, Berkshire Hathaway reported in its 13-F filing that the company is now holding “only” 400 million shares, and the company reduced its position by 389 million shares and therefore almost 50%.</p><p>Of course, Warren Buffett is just one single investor and when looking out there we will find investors that sold Apple shares and investors that bought Apple shares. Simply put, that is how the stock market works: Some people have to sell shares for other to buy these shares – and some will make the right decision, and others will make the wrong decision. Nevertheless, when Buffett acts (or has something to say), we should pay attention and listen – although Buffett could be wrong as well.</p><p>And Buffett as a long-term investor has sold huge positions in the past, but Buffett is also famous for holding shares for several decades – two examples might be Moody’s Corporation (MCO) or The Coca-Cola Company (KO). In my opinion, Buffett might have similar issues with the stock as I already made in this article – the looming recession – and trimming the position is certainly a statement. And there is another major issue I see here – the stock price in relation to the fundamental business.</p><h2 id=\"id_1963924303\">Intrinsic Value Calculation</h2><p>And another problem that remains is the extremely high valuation multiples Apple is trading for. When excluding a brief period in 2020 when Apple was trading for a higher P/E ratio, Apple is right now trading close to the highest valuation multiples – price/earnings and price/free-cash-flow – in the last 10 years.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e5bce9a06373e116b6f9cdf588664ba0\" tg-width=\"635\" tg-height=\"439\"/></p><p>Data by YCharts</p><p></p><p>Not only is Apple trading clearly above the 10-year average, a valuation multiple of 35 is also rather high and justified only for a handful of companies. High valuation multiples can be justified by high growth rates, but while the valuation multiples are almost the highest in the last ten years, Apple’s growth rates are rather at the low end of the range. And when comparing current growth rates with valuation multiples, we really must question if the two are fitting together.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/74938e85db5fc4f4812dfb5ec976cdd8\" tg-width=\"635\" tg-height=\"439\"/></p><p>Data by YCharts</p><p></p><p>Aside from looking at simple valuation multiples, we can also calculate an intrinsic value by using a discount cash flow calculation. As always, we are using the last reported number of diluted shares outstanding (15,348 million) and a 10% discount rate. As basis for our calculation, we can use the free cash flow of the last four quarters, which was $104.34 billion.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ddaa001f254ab843a8e78e708c1f7404\" tg-width=\"635\" tg-height=\"486\"/></p><p>Data by YCharts</p><p></p><p>When calculating with these assumptions and a 4% growth rate in 10 years from now till perpetuity, Apple must grow its free cash flow between 14% and 15% in the next ten years. And we certainly can argue that Apple might be able to report such growth rates in the next ten years. In the last ten years, Apple grew its bottom line with a CAGR of 15.75%. But considering the scenario of a potential recession in the United States and the last ten years being 10 years during a bull cycle, I don&#39;t know if we should assume such high growth rates. Of course, we can argue that the United States have been hit by a recession in 2020 but to be honest, Apple rather benefited from the pandemic and the stay-at-home orders. When looking at the quarterly growth rates in the chart above, we see extremely high growth rates, especially in 2021.</p><h2 id=\"id_838691884\">Conclusion</h2><p>I still would argue that Apple is not the best stock to buy right now and while we can be optimistic that the situation in China might improve in the coming quarters, we still must be very cautious about the situation in the United States. I still think the United States is headed for a recession and as this is the most important market for Apple, this could become a problem.</p><p>And the mediocre outlook is meeting the extremely high valuation multiples the stock is currently trading for and making me still extremely cautious about Apple as an investment.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple: High Valuation Does Not Account For The Risks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple: High Valuation Does Not Account For The Risks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-11 21:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4726101-apple-stock-high-valuation-does-not-account-for-risks><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple is still reporting solid results, but in the last few quarters it was especially China which was struggling.And while we can be optimistic about China turning around, I still see a high risk for...</p>\n\n<a href=\"https://seekingalpha.com/article/4726101-apple-stock-high-valuation-does-not-account-for-risks\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/article/4726101-apple-stock-high-valuation-does-not-account-for-risks","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2474531790","content_text":"Apple is still reporting solid results, but in the last few quarters it was especially China which was struggling.And while we can be optimistic about China turning around, I still see a high risk for the United States being headed for a recession.Aside from a recession having a negative impact on Apple's business, the valuation multiples still seem excessive.Maybe we should follow the steps of Warren Buffett and also trim exposure to AAPL a bit.My last article about Apple Inc. (NASDAQ:AAPL) was published in February 2024 and the stock was a “Hold” for me. However, Apple outperformed the S&P 500, (SPY) which already increased 12% since the last article was published. Apple, on the other hand, increased 20% and was therefore a great investment, and we can certainly argue that I was wrong about Apple in the last seven months.Data by YChartsAnd when looking at the last few years (the last five years, for example), Apple outperformed the overall stock market in an impressive way. Apple did not only outperform the S&P 500, but also the Nasdaq-100 (QQQ) which usually performs much better in bull markets than the broader S&P 500.In the following article, I will look at Apple again. We will look at the situation in China and what to expect here considering the stock market jump we saw in the last few weeks; we will look at the United States, and we will calculate an intrinsic value for the Apple once again.Quarterly ResultsWhen looking at the last quarterly results, we can start by Apple beating estimates once again – revenue as well as earnings per share were above expectations. Revenue was $1.42 billion higher than estimates, and earnings per share were $0.06 higher than expectations. And Apple did not only beat estimates but could grow year-over-year. Total net sales increased from $81,797 million in Q3/23 to $85,777 million in Q3/24 – resulting in 4.9% year-over-year growth. And while the top line increased in the mid-single digits, operating income increased 10.2% year-over-year from $22,998 million in the same quarter last year to $25,352 million this quarter. Diluted earnings per share increased from $1.26 in the same quarter last year to $1.40 this quarter, resulting in 11.1% year-over-year growth.Apple Earnings Release Q3/24We can also look at the two different types of revenue and while product sales increased only slightly from $60,584 million in the same quarter last year to $61,564 million this quarter (resulting in 1.6% year-over-year growth), service sales increased 14.1% year-over-year from $21,213 million to $24,213 million and drove growth for the top line.And Apple will already report fourth quarter results in three weeks from now - on October 31, 2024 - meaning we can already take a look at what to expect. Analysts are expecting revenue to be about $94.2 billion and GAAP EPS to be $1.59. This would result in 5.3% top-line growth and 8.9% bottom-line growth. And for revenue this would actually mean a little higher growth rate than in the previous quarters, for earnings per share it is rather a low growth rate compared to the last few quarters. And in the last three months, analysts got rather optimistic about the upcoming earnings, with mostly up revisions. However, I don't know how optimistic we should be about Apple not only in the coming quarters, but next few years.China Still a ProblemWhen looking at the sales by region, we can see that Greater China was still one of the major problems for Apple. Revenue from Greater China declined from $15,758 million in Q3/23 to $14,728 million in Q3/24 – resulting in a decline of 6.5%. All other regions still reported growing revenue in the third quarter.Apple Earnings Release Q3/24However, in the last two weeks, the situation in China suddenly got interesting. The metrics and numbers are still not great, and retail sales growth – probably one of the most important metrics for Apple – is still slowing down.China Retail Sales YoY (Trading Economics)But in the last two weeks, the stock market suddenly rallied, and the CSI 300 increased almost 28% in the last two weeks. Of course, nobody has a crystal ball, and the stock market could decline again and continue its downtrend in the years to come. And from a technical point of view, we are still in a downtrend at this point, but we have to see the last two weeks as a strong bullish sign and potential sentiment change.TradingViewWhen looking at different stocks, we can also see huge differences in performance. In the last month, Chinese technology companies like Tencent Holdings Limited (OTCPK:TCEHY), Alibaba Group Holding Limited (BABA) or JD.com, Inc. (JD) increased at a high pace. Apple, on the other hand, did not really move, although we might expect that investors are also becoming more optimistic. Luxury companies like LVMH Moet Hennessy – Louis Vuitton (OTCPK:LVMHF), which is also generating a huge part of its revenue in China, did at least react to the news.And while one might argue that Apple should also benefit from the stimulus, we can see that other companies, which also have a huge exposure to China also didn’t move. One example might be Starbucks Corporation (SBUX), which is also generating a huge part of its revenue in China, but the stock price did not profit from the announcement of stimulus.Data by YChartsOf course, we should also keep in mind that this is a very simplistic view. Not every stock is moving in a similar way as different stocks are, for example, trading for different valuation multiples and a stock that can be considered rather overvalued might not move while a deeply undervalued stock might jump on the news.But for the Chinese economy, we can be optimistic that the country will manage to break out of this difficult time of rather low growth rates (I am trying to avoid the term recession as the GDP did not shrink, but for China it probably felt like a recession). And at least according to the IMF, Greater China will grow 4.6% in 2024, 4.1% in 2025 and 3.8% in 2026. And especially the retail market is expecting to grow with a CAGR of 8% in the next few years (see Technavio or Mordor Intelligence). And we can assume that Apple will also profit and the sales for Apple’s products will increase again, but this might take a few more quarters before the situation will change.United StatesAnd while we have small signs of improvement in China and can hope for China to start growing at a higher pace again, the situation in the United States is completely different. I have already pointed out in my last article about Apple (and in several articles about other companies in the last one or two months) that the situation in the United States is getting worse, and we might be only a few months away from a recession.In the last few weeks, some metrics actually improved again, and this could be reason enough to question again if we are actually headed for a recession. For example, while the Sahm Rule is clearly indicating that we are headed for a recession (as the metric is above 0.5 and increasing), the number of initial claims for unemployment insurance is declining again in the last few weeks (I am looking at the 4-week moving average here).FREDAdditionally, housing permits are also rather stagnating than declining. And while the number of housing permits is clearly below the 2021 peak, we don’t see the steep decline we often saw before other recessions in the past decades.FREDBut while some metrics might lead to some doubts if the United States might be headed for a recession, other warning signs are pretty obvious. I mentioned several times in the last few quarters that the inverted yield curve is a first and strong warning sign and a few weeks ago, the yield curve started to re-invert again – a step that is usually happening shortly before the United States entered a recession in the past.Another step that is usually happening before a recession occurs is the FED pivot and about two weeks ago, the FED lowered interested rates by 50bps and therefore switching from raising interest rates to lowering interest rates. This is another step usually happening before a recession and therefore a potential warning sign.Additionally, we can also look at fundamental data and see for example that bankruptcies are constantly rising in the last few quarters and although the numbers are not dramatic yet, the number of bankruptcies in 2024 will probably be the highest since 2010.S&P GlobalAside from bankruptcies, delinquency rates are also increasing – for example for the CRE loans, which are often considered to be the most dangerous among the different types of loans banks currently have on the balance sheet.S&P GlobalAnd not only do delinquency rates for commercial loans increase, delinquency rate for credit cards, auto loans or mortgages are also starting to accelerate. We are still away from the situation during the Great Financial Crisis, but aside from student loans, almost every other type of loan is sending first warning signals as the transition into delinquency (more than 30 days delinquent) is increasing.New York FED Housing Debt and Credit ReportAnd even when we can be optimistic, that the situation in China might improve again and consumers are spending more again in the coming quarters and years (and also buying more Apple products), the United States (as well as Western Europe) are a much bigger market for Apple and more important. An improving situation in China will be more than offset by a worsening situation in the United States. The “Americas” region is responsible for about 42% of total revenue and Europe is responsible for about 26% of total revenue. Hence, it seems obvious that the situation in the United States and Europe is way more important than in China and if the Western world should take a turn for the worse, an improving situation in China is certainly not enough to set it off.What Does Buffett Know?One story that is certainly important is Berkshire Hathaway, Inc. (BRK.A) (BRK.B) and Warren Buffett selling a huge part of its Apple position. In the second quarter, Berkshire Hathaway reported in its 13-F filing that the company is now holding “only” 400 million shares, and the company reduced its position by 389 million shares and therefore almost 50%.Of course, Warren Buffett is just one single investor and when looking out there we will find investors that sold Apple shares and investors that bought Apple shares. Simply put, that is how the stock market works: Some people have to sell shares for other to buy these shares – and some will make the right decision, and others will make the wrong decision. Nevertheless, when Buffett acts (or has something to say), we should pay attention and listen – although Buffett could be wrong as well.And Buffett as a long-term investor has sold huge positions in the past, but Buffett is also famous for holding shares for several decades – two examples might be Moody’s Corporation (MCO) or The Coca-Cola Company (KO). In my opinion, Buffett might have similar issues with the stock as I already made in this article – the looming recession – and trimming the position is certainly a statement. And there is another major issue I see here – the stock price in relation to the fundamental business.Intrinsic Value CalculationAnd another problem that remains is the extremely high valuation multiples Apple is trading for. When excluding a brief period in 2020 when Apple was trading for a higher P/E ratio, Apple is right now trading close to the highest valuation multiples – price/earnings and price/free-cash-flow – in the last 10 years.Data by YChartsNot only is Apple trading clearly above the 10-year average, a valuation multiple of 35 is also rather high and justified only for a handful of companies. High valuation multiples can be justified by high growth rates, but while the valuation multiples are almost the highest in the last ten years, Apple’s growth rates are rather at the low end of the range. And when comparing current growth rates with valuation multiples, we really must question if the two are fitting together.Data by YChartsAside from looking at simple valuation multiples, we can also calculate an intrinsic value by using a discount cash flow calculation. As always, we are using the last reported number of diluted shares outstanding (15,348 million) and a 10% discount rate. As basis for our calculation, we can use the free cash flow of the last four quarters, which was $104.34 billion.Data by YChartsWhen calculating with these assumptions and a 4% growth rate in 10 years from now till perpetuity, Apple must grow its free cash flow between 14% and 15% in the next ten years. And we certainly can argue that Apple might be able to report such growth rates in the next ten years. In the last ten years, Apple grew its bottom line with a CAGR of 15.75%. But considering the scenario of a potential recession in the United States and the last ten years being 10 years during a bull cycle, I don't know if we should assume such high growth rates. Of course, we can argue that the United States have been hit by a recession in 2020 but to be honest, Apple rather benefited from the pandemic and the stay-at-home orders. When looking at the quarterly growth rates in the chart above, we see extremely high growth rates, especially in 2021.ConclusionI still would argue that Apple is not the best stock to buy right now and while we can be optimistic that the situation in China might improve in the coming quarters, we still must be very cautious about the situation in the United States. I still think the United States is headed for a recession and as this is the most important market for Apple, this could become a problem.And the mediocre outlook is meeting the extremely high valuation multiples the stock is currently trading for and making me still extremely cautious about Apple as an investment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":357403790401584,"gmtCreate":1728266353588,"gmtModify":1728724134258,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"[What]&nbsp; [What]&nbsp; [What]&nbsp;&nbsp;","listText":"[What]&nbsp; [What]&nbsp; [What]&nbsp;&nbsp;","text":"[What] [What] [What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/357403790401584","isVote":1,"tweetType":1,"viewCount":241,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353246760755328,"gmtCreate":1727284789632,"gmtModify":1727319677313,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a>&nbsp; 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[What]&nbsp; [What]&nbsp;&nbsp;","listText":"<a href=\"https://ttm.financial/S/LULU\">$Lululemon Athletica(LULU)$&nbsp;</a><v-v data-views=\"1\"></v-v> [What]&nbsp; [What]&nbsp; [What]&nbsp;&nbsp;","text":"$Lululemon Athletica(LULU)$ [What] [What] [What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353271379894416","isVote":1,"tweetType":1,"viewCount":244,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":346845598711992,"gmtCreate":1725708429676,"gmtModify":1725708433797,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"[What]&nbsp; [What]&nbsp; [What]&nbsp;&nbsp;","listText":"[What]&nbsp; [What]&nbsp; [What]&nbsp;&nbsp;","text":"[What] [What] [What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":27,"commentSize":0,"repostSize":14,"link":"https://ttm.financial/post/346845598711992","isVote":1,"tweetType":1,"viewCount":998,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":348504112099480,"gmtCreate":1726090135073,"gmtModify":1726090138564,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/DJT\">$Trump Media &amp; Technology(DJT)$&nbsp;</a> <a href=\"https://ttm.financial/U/4098751786564280\">@Giftreward</a> [Lovely]&nbsp; [Lovely]&nbsp; [Lovely]&nbsp;&nbsp;","listText":"<a href=\"https://ttm.financial/S/DJT\">$Trump Media &amp; Technology(DJT)$&nbsp;</a> <a href=\"https://ttm.financial/U/4098751786564280\">@Giftreward</a> [Lovely]&nbsp; [Lovely]&nbsp; [Lovely]&nbsp;&nbsp;","text":"$Trump Media & Technology(DJT)$ @Giftreward [Lovely] [Lovely] [Lovely]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":1,"link":"https://ttm.financial/post/348504112099480","isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":331327026335952,"gmtCreate":1721920525533,"gmtModify":1721920529570,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a> Green[What]&nbsp; [What]&nbsp; [Cool]&nbsp; [Cool]&nbsp; [Miser]&nbsp; [Miser]&nbsp; [Miser]&nbsp;&nbsp;","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a> Green[What]&nbsp; [What]&nbsp; [Cool]&nbsp; [Cool]&nbsp; [Miser]&nbsp; [Miser]&nbsp; [Miser]&nbsp;&nbsp;","text":"$NVIDIA Corp(NVDA)$ Green[What] [What] [Cool] [Cool] [Miser] [Miser] [Miser]","images":[{"img":"https://community-static.tradeup.com/news/f790d42e702ed3f0a67c81c7869478d5","width":"1125","height":"1725"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/331327026335952","isVote":1,"tweetType":1,"viewCount":209,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":367983779651808,"gmtCreate":1730857629020,"gmtModify":1730857633092,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"[What]&nbsp; [What]&nbsp; [What]&nbsp; [What]&nbsp;&nbsp;","listText":"[What]&nbsp; [What]&nbsp; [What]&nbsp; [What]&nbsp;&nbsp;","text":"[What] [What] [What] [What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/367983779651808","isVote":1,"tweetType":1,"viewCount":608,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9913582340,"gmtCreate":1664018803680,"gmtModify":1676537379977,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"Great&nbsp;[Smile]&nbsp;","listText":"Great&nbsp;[Smile]&nbsp;","text":"Great [Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9913582340","repostId":"2269833450","repostType":2,"repost":{"id":"2269833450","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":1664018544,"share":"https://ttm.financial/m/news/2269833450?lang=&edition=fundamental","pubTime":"2022-09-24 19:22","market":"us","language":"en","title":"The iPhone 14 Has Been on Sale for a Week, The Pro Models Are the Stars","url":"https://stock-news.laohu8.com/highlight/detail?id=2269833450","media":"Dow Jones","summary":"Friday marks one week since Apple's iPhone 14 was released, and yet another analyst is reporting str","content":"<html><head></head><body><p>Friday marks one week since Apple&#39;s iPhone 14 was released, and yet another analyst is reporting strong demand for the more expensive Pro models over the base options.</p><p>The new iPhone is available in four different models: The base iPhone 14, the iPhone 14 Plus, the iPhone 14 Pro, and the iPhone 14 Pro Max. Since the first few days of the phones&#39; launch, analysts have noted that demand for the Pro and Pro Max was much stronger than for the base iPhone 14 and iPhone 14 Plus options.</p><p>In fact, demand for the Pro models has been so strong that Wedbush analyst Dan Ives told Barron&#39;s that he sees a potential supply issue during the holiday season.</p><p>On Friday, Evercore ISI analyst Amit Daryanani, who rates Apple at Overweight with a $190 price target, wrote in a research note that he has also seen this trend.</p><p>&#34;The data continues to suggest consistently strong demand for the iPhone 14 Pro and Pro Max, which would likely have a materially positive impact on both mix and margins,&#34; Daryanani wrote.</p><p>Daryanani said that even though lead times have come down a little since the phones were available for preorder, they remain high across the countries Evercore tracks for the Pro and Pro Max models. Lead times measure how long it takes a person to receive an item they ordered.</p><p>The &#34;regular iPhone 14&#39;s lead times are tempered in comparison,&#34; he said.</p><p>Why are people leaning towards the pricier options for these new phones? BofA Securities analyst Wamsi Mohan wrote in an earlier research note that &#34;the iPhone 14/14 Plus offer lesser differentiation than the Pro models as they have a similar form factor and same chip as last years&#39; iPhones.&#34;</p><p>The strong sales of costlier phones are a positive sign for Apple.</p><p>&#34;Given the delivery data we see and assuming supply is better today vs last year -- we continue to think iPhones are poised to see a higher ASP uplift given the mix shift towards the Pro models and that total demand is much stronger than expected,&#34; Daryanani wrote. ASP stands for average selling price, and with more customers gearing towards more expensive iPhone models recently, that bodes well for the metric.</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>The iPhone 14 Has Been on Sale for a Week, The Pro Models Are the Stars</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 iPhone 14 Has Been on Sale for a Week, The Pro Models Are the Stars\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\">2022-09-24 19:22</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Friday marks one week since Apple&#39;s iPhone 14 was released, and yet another analyst is reporting strong demand for the more expensive Pro models over the base options.</p><p>The new iPhone is available in four different models: The base iPhone 14, the iPhone 14 Plus, the iPhone 14 Pro, and the iPhone 14 Pro Max. Since the first few days of the phones&#39; launch, analysts have noted that demand for the Pro and Pro Max was much stronger than for the base iPhone 14 and iPhone 14 Plus options.</p><p>In fact, demand for the Pro models has been so strong that Wedbush analyst Dan Ives told Barron&#39;s that he sees a potential supply issue during the holiday season.</p><p>On Friday, Evercore ISI analyst Amit Daryanani, who rates Apple at Overweight with a $190 price target, wrote in a research note that he has also seen this trend.</p><p>&#34;The data continues to suggest consistently strong demand for the iPhone 14 Pro and Pro Max, which would likely have a materially positive impact on both mix and margins,&#34; Daryanani wrote.</p><p>Daryanani said that even though lead times have come down a little since the phones were available for preorder, they remain high across the countries Evercore tracks for the Pro and Pro Max models. Lead times measure how long it takes a person to receive an item they ordered.</p><p>The &#34;regular iPhone 14&#39;s lead times are tempered in comparison,&#34; he said.</p><p>Why are people leaning towards the pricier options for these new phones? BofA Securities analyst Wamsi Mohan wrote in an earlier research note that &#34;the iPhone 14/14 Plus offer lesser differentiation than the Pro models as they have a similar form factor and same chip as last years&#39; iPhones.&#34;</p><p>The strong sales of costlier phones are a positive sign for Apple.</p><p>&#34;Given the delivery data we see and assuming supply is better today vs last year -- we continue to think iPhones are poised to see a higher ASP uplift given the mix shift towards the Pro models and that total demand is much stronger than expected,&#34; Daryanani wrote. ASP stands for average selling price, and with more customers gearing towards more expensive iPhone models recently, that bodes well for the metric.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2269833450","content_text":"Friday marks one week since Apple's iPhone 14 was released, and yet another analyst is reporting strong demand for the more expensive Pro models over the base options.The new iPhone is available in four different models: The base iPhone 14, the iPhone 14 Plus, the iPhone 14 Pro, and the iPhone 14 Pro Max. Since the first few days of the phones' launch, analysts have noted that demand for the Pro and Pro Max was much stronger than for the base iPhone 14 and iPhone 14 Plus options.In fact, demand for the Pro models has been so strong that Wedbush analyst Dan Ives told Barron's that he sees a potential supply issue during the holiday season.On Friday, Evercore ISI analyst Amit Daryanani, who rates Apple at Overweight with a $190 price target, wrote in a research note that he has also seen this trend.\"The data continues to suggest consistently strong demand for the iPhone 14 Pro and Pro Max, which would likely have a materially positive impact on both mix and margins,\" Daryanani wrote.Daryanani said that even though lead times have come down a little since the phones were available for preorder, they remain high across the countries Evercore tracks for the Pro and Pro Max models. Lead times measure how long it takes a person to receive an item they ordered.The \"regular iPhone 14's lead times are tempered in comparison,\" he said.Why are people leaning towards the pricier options for these new phones? BofA Securities analyst Wamsi Mohan wrote in an earlier research note that \"the iPhone 14/14 Plus offer lesser differentiation than the Pro models as they have a similar form factor and same chip as last years' iPhones.\"The strong sales of costlier phones are a positive sign for Apple.\"Given the delivery data we see and assuming supply is better today vs last year -- we continue to think iPhones are poised to see a higher ASP uplift given the mix shift towards the Pro models and that total demand is much stronger than expected,\" Daryanani wrote. ASP stands for average selling price, and with more customers gearing towards more expensive iPhone models recently, that bodes well for the metric.","news_type":1},"isVote":1,"tweetType":1,"viewCount":556,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932210706,"gmtCreate":1662944598906,"gmtModify":1676537168004,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"Glad that am on 🤭&nbsp;The Right Trading Platform","listText":"Glad that am on 🤭&nbsp;The Right Trading Platform","text":"Glad that am on 🤭 The Right Trading Platform","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/9932210706","isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329256130359392,"gmtCreate":1721390708777,"gmtModify":1721390712177,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a>[What]&nbsp;[What]&nbsp;[What]&nbsp;&nbsp;","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a>[What]&nbsp;[What]&nbsp;[What]&nbsp;&nbsp;","text":"$NVIDIA Corp(NVDA)$ [What] [What] [What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329256130359392","isVote":1,"tweetType":1,"viewCount":77,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9934362336,"gmtCreate":1663198928126,"gmtModify":1676537223721,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/U/3527667671414981\">@TigerClub</a>&nbsp;#wise choice# &nbsp; &nbsp;<a href=\"https://ttm.financial/U/3527667671414981\">@TigerClub</a> &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; &nbsp;Hottest 🥵 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;You’re 🤢&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;IXIC &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;&nbsp; &nbsp; &nbsp; &nbsp;&nbsp;SQQQ&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;SPX &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;TQQQ&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;QQQ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;🤮&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &amp;nbs","listText":"<a href=\"https://ttm.financial/U/3527667671414981\">@TigerClub</a>&nbsp;#wise choice# &nbsp; &nbsp;<a href=\"https://ttm.financial/U/3527667671414981\">@TigerClub</a> &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; &nbsp;Hottest 🥵 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;You’re 🤢&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;IXIC &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;&nbsp; &nbsp; &nbsp; &nbsp;&nbsp;SQQQ&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;SPX &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;TQQQ&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;QQQ &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;🤮&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &amp;nbs","text":"@TigerClub #wise choice# @TigerClub Hottest 🥵 You’re 🤢 IXIC SQQQ SPX TQQQ QQQ 🤮 &nbs","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9934362336","isVote":1,"tweetType":1,"viewCount":399,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340837308821720,"gmtCreate":1724254399628,"gmtModify":1726124580541,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a> <a href=\"https://ttm.financial/U/4102068993518380\">@TigerNews_SG</a> [What]&nbsp; [What]&nbsp; [What]&nbsp;&nbsp;","listText":"<a href=\"https://ttm.financial/S/NVDA\">$NVIDIA Corp(NVDA)$&nbsp;</a> <a href=\"https://ttm.financial/U/4102068993518380\">@TigerNews_SG</a> [What]&nbsp; [What]&nbsp; [What]&nbsp;&nbsp;","text":"$NVIDIA Corp(NVDA)$ @TigerNews_SG [What] [What] [What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/340837308821720","isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":331504033009840,"gmtCreate":1721941585363,"gmtModify":1721941593569,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a> <a href=\"https://ttm.financial/U/4102068993518380\">@TigerNews_SG</a> <a href=\"https://ttm.financial/U/4102068993518380\">@TigerNews_SG</a> <a href=\"https://ttm.financial/U/3527667671414981\">@TigerClub</a> [Observation]&nbsp; [Observation]&nbsp; [Observation]&nbsp;&nbsp;","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a> <a href=\"https://ttm.financial/U/4102068993518380\">@TigerNews_SG</a> <a href=\"https://ttm.financial/U/4102068993518380\">@TigerNews_SG</a> <a href=\"https://ttm.financial/U/3527667671414981\">@TigerClub</a> [Observation]&nbsp; [Observation]&nbsp; [Observation]&nbsp;&nbsp;","text":"$Apple(AAPL)$ @TigerNews_SG @TigerNews_SG @TigerClub [Observation] [Observation] [Observation]","images":[{"img":"https://community-static.tradeup.com/news/3219eb08ebdef7097b1c1b3b54a9773f","width":"309","height":"533"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/331504033009840","isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9934947528,"gmtCreate":1663194412065,"gmtModify":1676537221698,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"Well we'll&nbsp;[What]&nbsp;","listText":"Well we'll&nbsp;[What]&nbsp;","text":"Well we'll [What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9934947528","repostId":"1137608568","repostType":4,"repost":{"id":"1137608568","kind":"news","pubTimestamp":1663168187,"share":"https://ttm.financial/m/news/1137608568?lang=&edition=fundamental","pubTime":"2022-09-14 23:09","market":"us","language":"en","title":"Leveraged ETFs Added to Stock Chaos With $15.5 Billion Selling","url":"https://stock-news.laohu8.com/highlight/detail?id=1137608568","media":"Bloomberg","summary":"Nomura’s McElligott says fund rebalancing compounded selloffResearch shows these complex products am","content":"<html><head></head><body><ul><li>Nomura’s McElligott says fund rebalancing compounded selloff</li><li>Research shows these complex products amplify intraday moves</li></ul><p>In Tuesday’stumultuous trading sessionwas a pattern market watchers have seen time and again this year: A bad day for stocks gets worse, right around the close. Suspicion is growing that a breed of complex but increasingly popular ETF may be helping fuel the trend.</p><p>With the main equity gauges all down heavily on the day, leveraged exchange-traded funds -- which use options to amplify returns, usually of major indexes -- added around $15.5 billion of selling pressure to the rout, according to estimates from Nomura Holdings Inc. It’s likely a big reason why stocks took another dip in the last 30 minutes to close out a particular brutal trading session.</p><p>While the propensity of options to lash the very stocks on which they’re based has becomea fact of lifeon Wall Street, doubts have remained about the capacity of leveraged vehicles to do the same.</p><p>Yet trading volumes across these complex products have beenhistorically highall year. Certain peaks, such as in May and June, corresponded with instances of stocks extending their moves near the end of the session.</p><p><img src=\"https://static.tigerbbs.com/9912df98158d8ef4b9f24a873eab26cb\" tg-width=\"620\" tg-height=\"348\" referrerpolicy=\"no-referrer\"/></p><p>“It’s absolutely real,” said Charlie McElligott, a cross-asset strategist at Nomura, referring to the ability of leveraged ETFs to spur broader moves across the equity ecosystem thanks to their rebalancing moves. He puts the boom in such products down to retail investors looking for big wins.</p><p>“Day traders remain drunk on high intraday vol and continue to actively seek-out large price swings,” he said by email.</p><p>Read more:Wall Street’s Risky ‘Razor Blade’ Trade Is Making a Comeback</p><p>Leveraged products aim to amplify the performance of an underlying index or fund on a daily basis, meaning every day they must rebalance to return to their target leverage -- usually two- or three-times the underlying.</p><p>That means in the last 30 minutes of trading every day, this cohort will add to buying pressure if the market is up, and to selling pressure if it’s down. Research publishedearlier this yearfound that, alongside options hedging, leveraged ETFs exert an “economically large” price pressure late in the day.</p><p>The selling pressure at the close Tuesday was real, albeit far from dramatic relative to late-session swings seen earlier this year. The S&amp;P 500 was about 4% lower with 30 minutes still to go. It ended 4.3% down. The Nasdaq 100 Index closed 5.5% having been down 5.3%. The Dow Jones Industrial Average went from a 3.7% drop to a 3.9% decline.</p><p>Of course, there are plenty of reasons equity gyrations are extending late in the day with increased frequency. Endless inflation, surging bond yields and depleted liquidity are all spurring big momentum trends as well as intraday rallies and reversals across assets in this wild year. In this context, leveraged funds are just another factor for traders to consider.</p><p>Yet systematic risks linked to the cohort prompted both the Securities and Exchange Commission and the Financial Industry Regulatory Authorityto announcepotential new rules for the products in the past year.</p><p>Peter Tchir at Academy Securities is among those to note the uptick in leveraged ETF activity this year. In May he wrote that while such products are less powerful than in prior market dramas, they’re big enough to create “a limit down day” if they suffer outflows and rebalancing that accelerates broader selling.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Leveraged ETFs Added to Stock Chaos With $15.5 Billion Selling</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\">\nLeveraged ETFs Added to Stock Chaos With $15.5 Billion Selling\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-14 23:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-09-14/leveraged-etfs-added-to-stock-chaos-with-15-5-billion-selling><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nomura’s McElligott says fund rebalancing compounded selloffResearch shows these complex products amplify intraday movesIn Tuesday’stumultuous trading sessionwas a pattern market watchers have seen ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-09-14/leveraged-etfs-added-to-stock-chaos-with-15-5-billion-selling\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TQQQ":"纳指三倍做多ETF","SQQQ":"纳指三倍做空ETF"},"source_url":"https://www.bloomberg.com/news/articles/2022-09-14/leveraged-etfs-added-to-stock-chaos-with-15-5-billion-selling","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137608568","content_text":"Nomura’s McElligott says fund rebalancing compounded selloffResearch shows these complex products amplify intraday movesIn Tuesday’stumultuous trading sessionwas a pattern market watchers have seen time and again this year: A bad day for stocks gets worse, right around the close. Suspicion is growing that a breed of complex but increasingly popular ETF may be helping fuel the trend.With the main equity gauges all down heavily on the day, leveraged exchange-traded funds -- which use options to amplify returns, usually of major indexes -- added around $15.5 billion of selling pressure to the rout, according to estimates from Nomura Holdings Inc. It’s likely a big reason why stocks took another dip in the last 30 minutes to close out a particular brutal trading session.While the propensity of options to lash the very stocks on which they’re based has becomea fact of lifeon Wall Street, doubts have remained about the capacity of leveraged vehicles to do the same.Yet trading volumes across these complex products have beenhistorically highall year. Certain peaks, such as in May and June, corresponded with instances of stocks extending their moves near the end of the session.“It’s absolutely real,” said Charlie McElligott, a cross-asset strategist at Nomura, referring to the ability of leveraged ETFs to spur broader moves across the equity ecosystem thanks to their rebalancing moves. He puts the boom in such products down to retail investors looking for big wins.“Day traders remain drunk on high intraday vol and continue to actively seek-out large price swings,” he said by email.Read more:Wall Street’s Risky ‘Razor Blade’ Trade Is Making a ComebackLeveraged products aim to amplify the performance of an underlying index or fund on a daily basis, meaning every day they must rebalance to return to their target leverage -- usually two- or three-times the underlying.That means in the last 30 minutes of trading every day, this cohort will add to buying pressure if the market is up, and to selling pressure if it’s down. Research publishedearlier this yearfound that, alongside options hedging, leveraged ETFs exert an “economically large” price pressure late in the day.The selling pressure at the close Tuesday was real, albeit far from dramatic relative to late-session swings seen earlier this year. The S&P 500 was about 4% lower with 30 minutes still to go. It ended 4.3% down. The Nasdaq 100 Index closed 5.5% having been down 5.3%. The Dow Jones Industrial Average went from a 3.7% drop to a 3.9% decline.Of course, there are plenty of reasons equity gyrations are extending late in the day with increased frequency. Endless inflation, surging bond yields and depleted liquidity are all spurring big momentum trends as well as intraday rallies and reversals across assets in this wild year. In this context, leveraged funds are just another factor for traders to consider.Yet systematic risks linked to the cohort prompted both the Securities and Exchange Commission and the Financial Industry Regulatory Authorityto announcepotential new rules for the products in the past year.Peter Tchir at Academy Securities is among those to note the uptick in leveraged ETF activity this year. In May he wrote that while such products are less powerful than in prior market dramas, they’re big enough to create “a limit down day” if they suffer outflows and rebalancing that accelerates broader selling.","news_type":1},"isVote":1,"tweetType":1,"viewCount":630,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932434833,"gmtCreate":1662973036022,"gmtModify":1676537174215,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a>hmmm and still hmmmm perhaps 🤔 green hmmm 🧐&nbsp;","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a>hmmm and still hmmmm perhaps 🤔 green hmmm 🧐&nbsp;","text":"$Tiger Brokers(TIGR)$hmmm and still hmmmm perhaps 🤔 green hmmm 🧐","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9932434833","isVote":1,"tweetType":1,"viewCount":563,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":331423304102136,"gmtCreate":1721921743589,"gmtModify":1721924689368,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"title":"Try 24-hour trading and win up to 2 Apple shares!","htmlText":"Find out more here: <a href=\"https://www.tigerbrokers.com.sg/activity/market/campaign/wheel.html?id=AC1721359541428worhEE&amp;actionID=e8fa2c24e8dd0772387938ae65082f97&amp;skin=1&amp;os=iOS&amp;account_id=20220315191046085&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=69cfe42bdf94507b9815c45fc8d127c8&amp;invite=TQLU5X&amp;lang=en_US\">Try 24-hour trading and win up to 2 Apple shares!</a> Staying up late for opportunities? Try 24-hour trading and win up to 2 Apple shares!<a href=\"https://ttm.financial/U/4102068993518380\">@TigerNews_SG</a> <a href=\"https://ttm.financial/U/4102068993518380\">@TigerNews_SG</a> [Observation]&nbsp; [Observation]&nbsp; [Observation]&nbsp; [Observation]&nbsp; [Observation]&nbsp; [Observation]&nbsp; which two will you take 😒😒","listText":"Find out more here: <a href=\"https://www.tigerbrokers.com.sg/activity/market/campaign/wheel.html?id=AC1721359541428worhEE&amp;actionID=e8fa2c24e8dd0772387938ae65082f97&amp;skin=1&amp;os=iOS&amp;account_id=20220315191046085&amp;utm_medium=tiger_community&amp;platform=iOS&amp;shareID=69cfe42bdf94507b9815c45fc8d127c8&amp;invite=TQLU5X&amp;lang=en_US\">Try 24-hour trading and win up to 2 Apple shares!</a> Staying up late for opportunities? Try 24-hour trading and win up to 2 Apple shares!<a href=\"https://ttm.financial/U/4102068993518380\">@TigerNews_SG</a> <a href=\"https://ttm.financial/U/4102068993518380\">@TigerNews_SG</a> [Observation]&nbsp; [Observation]&nbsp; [Observation]&nbsp; [Observation]&nbsp; [Observation]&nbsp; [Observation]&nbsp; which two will you take 😒😒","text":"Find out more here: Try 24-hour trading and win up to 2 Apple shares! Staying up late for opportunities? Try 24-hour trading and win up to 2 Apple shares!@TigerNews_SG @TigerNews_SG [Observation] [Observation] [Observation] [Observation] [Observation] [Observation] which two will you take 😒😒","images":[{"img":"https://static.tigerbbs.com/39e5a2cc2375e0e6ba7d2ddb07fa188c"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/331423304102136","isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":330744002937056,"gmtCreate":1721753706972,"gmtModify":1721753710543,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a> [Observation]&nbsp; 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The information divulged included dates of birth, names, and potentially details from identification documents such as passports and driver’s licences.</p><p>Some sensitive information was said to be spared in the breach, including payment details and user account passwords.</p><p>Since the attack, the hacking group has demanded a $1 million ransom not to publish all of the stolen data. To get Singtel to comply with its demands, it released 10,000 customer records, and the group said it would publish a total of 40,000 more records on Tuesday if the ransom went unpaid.</p><p>Amid <i>The Guardian</i> reporting news of the demand yesterday, Singtel shares have dipped 0.76% today.</p><h2>And a regrettable ransom?</h2><p>However, my colleague Brooke notes that the group may be regretting its act of blackmail. It’s reported an alleged spokesperson from the group said “[they] don’t care anymore” and that it was a “mistake” to publish the stolen records.</p><p>If there’s no more release of Optus stolen data, it may relieve Singtel investors’ fears that the worst of the attack is over.</p><p>Singtel acquired Optus in August 2001 and traded on the ASX until 2005. Optus brought in $776 million of cash flow to Singtel over the 12 months ended 31 March 2022.</p></body></html>","source":"motleyfoolau_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Has the Singtel Share Price Responded to the Optus Data Breach?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Has the Singtel Share Price Responded to the Optus Data Breach?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-28 13:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com.au/2022/09/28/how-has-the-singtel-share-price-responded-to-the-optus-data-breach/><strong>MotleyFool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key pointsShares in Optus parent company Singtel have been trading lower since the Optus data hackIt's now reported the hackers have withdrawn their $1 million ransom demand, saying it was a \"mistake\"...</p>\n\n<a href=\"https://www.fool.com.au/2022/09/28/how-has-the-singtel-share-price-responded-to-the-optus-data-breach/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"Z74.SI":"新电信"},"source_url":"https://www.fool.com.au/2022/09/28/how-has-the-singtel-share-price-responded-to-the-optus-data-breach/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104864140","content_text":"Key pointsShares in Optus parent company Singtel have been trading lower since the Optus data hackIt's now reported the hackers have withdrawn their $1 million ransom demand, saying it was a \"mistake\"The Singtel share price is down around 2.2% since the hack was announced last ThursdayThe Singapore Telecommunications Limited (SGX: Z74), or Singtel, share price is feeling some shockwaves in the wake of Optus announcing it had been hacked.Singtel shares dipped 1.12% the day after its subsidiary Optus made the announcement on Thursday last week.In total, the Singtel share price has dropped 2.24% since then, currently fetching SGD$2.62 at the time of writing.Let’s cover how Singtel’s share price reacted to developments in the Optus breach story and the key highlights.The attackMy Fool colleague Bernd notes that hackers stole personal information from 9.8 million Optus customers in the attack. The information divulged included dates of birth, names, and potentially details from identification documents such as passports and driver’s licences.Some sensitive information was said to be spared in the breach, including payment details and user account passwords.Since the attack, the hacking group has demanded a $1 million ransom not to publish all of the stolen data. To get Singtel to comply with its demands, it released 10,000 customer records, and the group said it would publish a total of 40,000 more records on Tuesday if the ransom went unpaid.Amid The Guardian reporting news of the demand yesterday, Singtel shares have dipped 0.76% today.And a regrettable ransom?However, my colleague Brooke notes that the group may be regretting its act of blackmail. It’s reported an alleged spokesperson from the group said “[they] don’t care anymore” and that it was a “mistake” to publish the stolen records.If there’s no more release of Optus stolen data, it may relieve Singtel investors’ fears that the worst of the attack is over.Singtel acquired Optus in August 2001 and traded on the ASX until 2005. Optus brought in $776 million of cash flow to Singtel over the 12 months ended 31 March 2022.","news_type":1},"isVote":1,"tweetType":1,"viewCount":495,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367736119898464,"gmtCreate":1730819894412,"gmtModify":1730819897743,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a>&nbsp; [What]&nbsp; [What]&nbsp; [What]&nbsp; green green&nbsp;","listText":"<a href=\"https://ttm.financial/S/PLTR\">$Palantir Technologies Inc.(PLTR)$&nbsp;</a>&nbsp; [What]&nbsp; [What]&nbsp; [What]&nbsp; green green&nbsp;","text":"$Palantir Technologies Inc.(PLTR)$ [What] [What] [What] green green","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367736119898464","isVote":1,"tweetType":1,"viewCount":399,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347611147620680,"gmtCreate":1725889535736,"gmtModify":1725889539993,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a> [What]&nbsp; [What]&nbsp; [What]&nbsp; green [Miser]&nbsp;&nbsp;","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a> [What]&nbsp; [What]&nbsp; [What]&nbsp; green [Miser]&nbsp;&nbsp;","text":"$Apple(AAPL)$ [What] [What] [What] green [Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347611147620680","isVote":1,"tweetType":1,"viewCount":30,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":331421055459432,"gmtCreate":1721921052731,"gmtModify":1721921056296,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden Chong","avatar":"https://static.tigerbbs.com/74ce18b74c2efd35132ff771b3eeae18","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4094961541348500","authorIdStr":"4094961541348500"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AMZN\">$Amazon.com(AMZN)$&nbsp;</a> 184[Miser]&nbsp; [Miser]&nbsp; [Miser]&nbsp;&nbsp;","listText":"<a href=\"https://ttm.financial/S/AMZN\">$Amazon.com(AMZN)$&nbsp;</a> 184[Miser]&nbsp; [Miser]&nbsp; [Miser]&nbsp;&nbsp;","text":"$Amazon.com(AMZN)$ 184[Miser] [Miser] [Miser]","images":[{"img":"https://community-static.tradeup.com/news/e14c3039740ae7b89257c4a0d22be05e","width":"1125","height":"1725"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/331421055459432","isVote":1,"tweetType":1,"viewCount":310,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}