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Huatster
Huatster
·
2021-12-29
Good
Singapore Stock Market Called Rangebound For Wednesday
The Singapore stock market rebounded on Tuesday, one session after snapping the four-day winning str
Singapore Stock Market Called Rangebound For Wednesday
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Huatster
Huatster
·
2021-12-27
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非常抱歉,此主贴已删除
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Huatster
Huatster
·
2021-12-26
Ok
Why It’s Not the Time to Buy the Dip on Upstart
Upstart (UPST)as a concept is extraordinary in my eyes because it assigns credit ratings with a much
Why It’s Not the Time to Buy the Dip on Upstart
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Huatster
Huatster
·
2021-12-25
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Huatster
Huatster
·
2021-12-24
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Huatster
Huatster
·
2021-12-23
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Huatster
Huatster
·
2021-12-22
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Huatster
Huatster
·
2021-12-21
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Huatster
Huatster
·
2021-12-18
Oh well
EV stocks fell sharply in morning trading ,with Rivian sliding 12%,Lucid Group sliding 7% and General Motors sliding 5%
EV stocks fell sharply in morning trading ,with Rivian sliding 12%,Lucid Group sliding 7%, Lordstown
EV stocks fell sharply in morning trading ,with Rivian sliding 12%,Lucid Group sliding 7% and General Motors sliding 5%
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Huatster
Huatster
·
2021-12-17
Good
Singapore Stock Market Expected To Remain Rangebound
The Singapore stock market has moved higher in two of three trading days since the end of the two-da
Singapore Stock Market Expected To Remain Rangebound
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08:13","market":"sg","language":"en","title":"Singapore Stock Market Called Rangebound For Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1113618075","media":"RTTNews","summary":"The Singapore stock market rebounded on Tuesday, one session after snapping the four-day winning str","content":"<p>The Singapore stock market rebounded on Tuesday, one session after snapping the four-day winning streak in which it had gathered almost 35 points or 1.2 percent. The Straits Times Index now sits just beneath the 3,130-point plateau and it's expected to remain in that neighborhood again on Wednesday.</p>\n<p>The global forecast for the Asian markets is mixed, with support expected from oil companies and weakness likely from tech shares. The European and U.S. markets were mixed and the Asian bourses figure to follow suit.</p>\n<p>The STI finished modestly higher on Tuesday following gains from the financial shares, property stocks and industrial issues.</p>\n<p>For the day, the index collected 24.17 points or 0.78 percent to finish at 3,128.41 after trading between 3,108.93 and 3,128.92. Volume was 975.3 million shares worth 489.9 million Singapore dollars. There were 290 gainers and 175 decliners.</p>\n<p>Among the actives, Ascendas REIT increased 0.68 percent, CapitaLand Integrated Commercial Trust soared 1.50 percent, City Developments advanced 0.89 percent, Comfort DelGro accelerated 1.45 percent, Dairy Farm International surged 3.57 percent, DBS Group rose 0.77 percent, Genting Singapore improved 0.65 percent, Keppel Corp perked 0.98 percent, Mapletree Logistics Trust strengthened 0.54 percent, Oversea-Chinese Banking Corporation added 0.88 percent, SATS jumped 1.30 percent, SembCorp Industries was up 0.50 percent, Singapore Airlines gathered 1.01 percent, Singapore Exchange gained 0.86 percent, Singapore Technologies Engineering climbed 1.08 percent, SingTel rallied 1.29 percent, Thai Beverage lost 0.75 percent, United Overseas Bank collected 0.64 percent, Wilmar International spiked 1.47 percent and Yangzijiang Shipbuilding, Mapletree Commercial Trust and Singapore Press Holdings were unchanged.</p>\n<p>The lead from Wall Street is mixed as the Dow opened higher on Thursday and stayed that way, the S&P 500 opened higher but gradually fell into the red and the NASDAQ simply spent most of the day in negative territory.</p>\n<p>The Dow gained 95.83 points or 0.26 percent to finish at 36,398.21, while the NASDAQ sank 89.54 points or 0.56 percent to close at 15,781.72 and the S&P 500 eased 4.84 points or 0.10 percent to end at 4,786.35.</p>\n<p>The lackluster performance came as traders were reluctant to continue making significant moves following the recent strength in the markets. But they largely refrained from cashing in on recent gains amid easing concerns about the impact of the Omicron variant of the coronavirus.</p>\n<p>Helping offset worries about the pandemic, the Centers for Disease Control and Prevention has shortened the recommended isolation time to for asymptomatic people with Covid-19 to 5 days from 10 days.</p>\n<p>Crude oil futures rose Tuesday, extending gains to a fifth straight session on hopes the Omicron variant of the coronavirus is unlikely to impact global economic recovery. West Texas Intermediate Crude oil futures for February added $0.41 or 0.5 percent at $75.98 a barrel.</p>\n<p>Closer to home, Singapore will release November numbers for import, export and producer prices later today. In October, import prices rose 20.0 percent on year, while export prices jumped an annual 20.7 percent and producer prices spiked 25.4 percent.</p>","source":"lsy1626938412129","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>Singapore Stock Market Called Rangebound For Wednesday</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\">\nSingapore Stock Market Called Rangebound For Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-29 08:13 GMT+8 <a href=https://www.rttnews.com/3251796/singapore-stock-market-called-rangebound-for-wednesday.aspx?type=acom><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market rebounded on Tuesday, one session after snapping the four-day winning streak in which it had gathered almost 35 points or 1.2 percent. The Straits Times Index now sits just ...</p>\n\n<a href=\"https://www.rttnews.com/3251796/singapore-stock-market-called-rangebound-for-wednesday.aspx?type=acom\">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://www.rttnews.com/3251796/singapore-stock-market-called-rangebound-for-wednesday.aspx?type=acom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113618075","content_text":"The Singapore stock market rebounded on Tuesday, one session after snapping the four-day winning streak in which it had gathered almost 35 points or 1.2 percent. The Straits Times Index now sits just beneath the 3,130-point plateau and it's expected to remain in that neighborhood again on Wednesday.\nThe global forecast for the Asian markets is mixed, with support expected from oil companies and weakness likely from tech shares. The European and U.S. markets were mixed and the Asian bourses figure to follow suit.\nThe STI finished modestly higher on Tuesday following gains from the financial shares, property stocks and industrial issues.\nFor the day, the index collected 24.17 points or 0.78 percent to finish at 3,128.41 after trading between 3,108.93 and 3,128.92. Volume was 975.3 million shares worth 489.9 million Singapore dollars. There were 290 gainers and 175 decliners.\nAmong the actives, Ascendas REIT increased 0.68 percent, CapitaLand Integrated Commercial Trust soared 1.50 percent, City Developments advanced 0.89 percent, Comfort DelGro accelerated 1.45 percent, Dairy Farm International surged 3.57 percent, DBS Group rose 0.77 percent, Genting Singapore improved 0.65 percent, Keppel Corp perked 0.98 percent, Mapletree Logistics Trust strengthened 0.54 percent, Oversea-Chinese Banking Corporation added 0.88 percent, SATS jumped 1.30 percent, SembCorp Industries was up 0.50 percent, Singapore Airlines gathered 1.01 percent, Singapore Exchange gained 0.86 percent, Singapore Technologies Engineering climbed 1.08 percent, SingTel rallied 1.29 percent, Thai Beverage lost 0.75 percent, United Overseas Bank collected 0.64 percent, Wilmar International spiked 1.47 percent and Yangzijiang Shipbuilding, Mapletree Commercial Trust and Singapore Press Holdings were unchanged.\nThe lead from Wall Street is mixed as the Dow opened higher on Thursday and stayed that way, the S&P 500 opened higher but gradually fell into the red and the NASDAQ simply spent most of the day in negative territory.\nThe Dow gained 95.83 points or 0.26 percent to finish at 36,398.21, while the NASDAQ sank 89.54 points or 0.56 percent to close at 15,781.72 and the S&P 500 eased 4.84 points or 0.10 percent to end at 4,786.35.\nThe lackluster performance came as traders were reluctant to continue making significant moves following the recent strength in the markets. But they largely refrained from cashing in on recent gains amid easing concerns about the impact of the Omicron variant of the coronavirus.\nHelping offset worries about the pandemic, the Centers for Disease Control and Prevention has shortened the recommended isolation time to for asymptomatic people with Covid-19 to 5 days from 10 days.\nCrude oil futures rose Tuesday, extending gains to a fifth straight session on hopes the Omicron variant of the coronavirus is unlikely to impact global economic recovery. West Texas Intermediate Crude oil futures for February added $0.41 or 0.5 percent at $75.98 a barrel.\nCloser to home, Singapore will release November numbers for import, export and producer prices later today. In October, import prices rose 20.0 percent on year, while export prices jumped an annual 20.7 percent and producer prices spiked 25.4 percent.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696009626,"gmtCreate":1640568064115,"gmtModify":1640568065192,"author":{"id":"3553940862995950","authorId":"3553940862995950","name":"Huatster","avatar":"https://static.tigerbbs.com/d9dc702866f5062cdf4876ec185d9e88","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553940862995950","authorIdStr":"3553940862995950"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696009626","repostId":"1132047122","repostType":2,"isVote":1,"tweetType":1,"viewCount":1566,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698430037,"gmtCreate":1640486423642,"gmtModify":1640486424781,"author":{"id":"3553940862995950","authorId":"3553940862995950","name":"Huatster","avatar":"https://static.tigerbbs.com/d9dc702866f5062cdf4876ec185d9e88","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553940862995950","authorIdStr":"3553940862995950"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698430037","repostId":"1123414772","repostType":4,"repost":{"id":"1123414772","kind":"news","pubTimestamp":1640483546,"share":"https://www.laohunote.com/m/news/1123414772?lang=&edition=full","pubTime":"2021-12-26 09:52","market":"us","language":"en","title":"Why It’s Not the Time to Buy the Dip on Upstart","url":"https://stock-news.laohu8.com/highlight/detail?id=1123414772","media":"InvestorPlace","summary":"Upstart (UPST)as a concept is extraordinary in my eyes because it assigns credit ratings with a much","content":"<p><b>Upstart (UPST)</b>as a concept is extraordinary in my eyes because it assigns credit ratings with a much more forward-looking approach than traditional loan facilitators do. Furthermore, the AI used by the firm is flawless, with speed and accuracy being the name of the game.</p>\n<p>However, as an investor, it’s critical to remind yourself that you’re investing in a stock and not only the company’s concept, which means that we need to determine whether its potential is priced-in or not.</p>\n<p>Next year’s market climate will be much different than it’s been the past 2-years. I, for one, expect a more price-efficient market, which means that investors will need to start distinguishing good companies from undervalued stock prices if they’re to realize gains.</p>\n<p>UPST stock could be a prime example of how a good company doesn’t always translate into a good stock.</p>\n<p>UPST stock Won’t Benefit From the Cyclical Trade</p>\n<p>Most of you would’ve heard about the rate hike buzz by now and how that will stimulate banking stocks. The theory behind this is that if the U.S. Federal Reserve raises interest rates, the debt market will be more lucrative to originators as the spreads they’d be able to charge on loans will increase.</p>\n<p>Upstart won’t necessarily benefit from this climate as it’s considered a hybrid between an advertising platform and a brokerage rather than a lender. This means that its revenue will actually decrease with higher rates because the transactional volume will likely taper off slightly as soon as rates rise.</p>\n<p>Further to the above, Upstart is a growth stock rather than a value play. Rising interest rates in 2022 could be detrimental to growth stocks as it tends to flatline their exponential earnings growth curve.</p>\n<p>Upstart’s revenue and EBITDA surged over the past year, coming in at187.56% and 447.28%respectively; these figures will likely diminish over the coming year, and I can’t help but think that the stock’s recent drawdown has been the market’s way of pricing in the expected decline in growth for next year.</p>\n<p>A final matter to mention regarding cyclicality isJ.P. Morgan’s recent neutral rating on the stock, with analyst James Faucette using a similar argument to mine in claiming that the stock’s growth has been priced in for now. Faucette thinks that Upstart’s relationship with its investors has enabled it to perform well in 2021, but the current market climate won’t allow that to sustain itself.</p>\n<p>Valuation & Momentum</p>\n<p>Let’s start with the latter to provide context to the valuation argument. Upstart’s relative strength index (RSI) is below30, indicating that the stock has been oversold, but this doesn’t necessarily mean that it’s a “buy the dip opportunity.”</p>\n<p>For this to really be a buy low, sell high opportunity, we’d need to see an uptick in volume and a sign that the stock’s going to breach its moving averages; as of now UPST stock possesses neither of these attributes, and I believe that it’s due to a valuation issue.</p>\n<p>Here’s the big valuation problem; by comparing Upstart stock to its sector peers, it can be observed through price-sales and price-cash flow premiums of3.47x and 4.46xthat investors have gotten ahead of themselves. Adding to this is the argument that the stock could be the victim of a cyclical downturn, meaning that these ratios could play a key role in investor sell-offs moving forward.</p>\n<p>What now for UPST stock?</p>\n<p>A few investors are likely to buy into the recent dip, but I don’t think it will prevent a further downward trajectory. UPST stock has a massive valuation issue induced by over-optimism from investors during a pent-up broader market.</p>\n<p>Furthermore, the market’s set for a cyclical swing as monetary policy changes are en route, and Upstart stock’s characteristics mean that it could be a victim of such policies instead of being a beneficiary.</p>\n<p>The bottom line is that the stock isn’t worth the risk right now.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why It’s Not the Time to Buy the Dip on Upstart</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy It’s Not the Time to Buy the Dip on Upstart\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-26 09:52 GMT+8 <a href=https://investorplace.com/2021/12/upst-stock-upstart-why-its-not-the-time-to-buy-the-dip/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Upstart (UPST)as a concept is extraordinary in my eyes because it assigns credit ratings with a much more forward-looking approach than traditional loan facilitators do. Furthermore, the AI used by ...</p>\n\n<a href=\"https://investorplace.com/2021/12/upst-stock-upstart-why-its-not-the-time-to-buy-the-dip/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UPST":"Upstart Holdings, Inc."},"source_url":"https://investorplace.com/2021/12/upst-stock-upstart-why-its-not-the-time-to-buy-the-dip/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123414772","content_text":"Upstart (UPST)as a concept is extraordinary in my eyes because it assigns credit ratings with a much more forward-looking approach than traditional loan facilitators do. Furthermore, the AI used by the firm is flawless, with speed and accuracy being the name of the game.\nHowever, as an investor, it’s critical to remind yourself that you’re investing in a stock and not only the company’s concept, which means that we need to determine whether its potential is priced-in or not.\nNext year’s market climate will be much different than it’s been the past 2-years. I, for one, expect a more price-efficient market, which means that investors will need to start distinguishing good companies from undervalued stock prices if they’re to realize gains.\nUPST stock could be a prime example of how a good company doesn’t always translate into a good stock.\nUPST stock Won’t Benefit From the Cyclical Trade\nMost of you would’ve heard about the rate hike buzz by now and how that will stimulate banking stocks. The theory behind this is that if the U.S. Federal Reserve raises interest rates, the debt market will be more lucrative to originators as the spreads they’d be able to charge on loans will increase.\nUpstart won’t necessarily benefit from this climate as it’s considered a hybrid between an advertising platform and a brokerage rather than a lender. This means that its revenue will actually decrease with higher rates because the transactional volume will likely taper off slightly as soon as rates rise.\nFurther to the above, Upstart is a growth stock rather than a value play. Rising interest rates in 2022 could be detrimental to growth stocks as it tends to flatline their exponential earnings growth curve.\nUpstart’s revenue and EBITDA surged over the past year, coming in at187.56% and 447.28%respectively; these figures will likely diminish over the coming year, and I can’t help but think that the stock’s recent drawdown has been the market’s way of pricing in the expected decline in growth for next year.\nA final matter to mention regarding cyclicality isJ.P. Morgan’s recent neutral rating on the stock, with analyst James Faucette using a similar argument to mine in claiming that the stock’s growth has been priced in for now. Faucette thinks that Upstart’s relationship with its investors has enabled it to perform well in 2021, but the current market climate won’t allow that to sustain itself.\nValuation & Momentum\nLet’s start with the latter to provide context to the valuation argument. Upstart’s relative strength index (RSI) is below30, indicating that the stock has been oversold, but this doesn’t necessarily mean that it’s a “buy the dip opportunity.”\nFor this to really be a buy low, sell high opportunity, we’d need to see an uptick in volume and a sign that the stock’s going to breach its moving averages; as of now UPST stock possesses neither of these attributes, and I believe that it’s due to a valuation issue.\nHere’s the big valuation problem; by comparing Upstart stock to its sector peers, it can be observed through price-sales and price-cash flow premiums of3.47x and 4.46xthat investors have gotten ahead of themselves. Adding to this is the argument that the stock could be the victim of a cyclical downturn, meaning that these ratios could play a key role in investor sell-offs moving forward.\nWhat now for UPST stock?\nA few investors are likely to buy into the recent dip, but I don’t think it will prevent a further downward trajectory. UPST stock has a massive valuation issue induced by over-optimism from investors during a pent-up broader market.\nFurthermore, the market’s set for a cyclical swing as monetary policy changes are en route, and Upstart stock’s characteristics mean that it could be a victim of such policies instead of being a beneficiary.\nThe bottom line is that the stock isn’t worth the risk right now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698262542,"gmtCreate":1640410796995,"gmtModify":1640410798074,"author":{"id":"3553940862995950","authorId":"3553940862995950","name":"Huatster","avatar":"https://static.tigerbbs.com/d9dc702866f5062cdf4876ec185d9e88","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553940862995950","authorIdStr":"3553940862995950"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/698262542","repostId":"2193917872","repostType":4,"isVote":1,"tweetType":1,"viewCount":1146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698315683,"gmtCreate":1640304534169,"gmtModify":1640305038283,"author":{"id":"3553940862995950","authorId":"3553940862995950","name":"Huatster","avatar":"https://static.tigerbbs.com/d9dc702866f5062cdf4876ec185d9e88","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553940862995950","authorIdStr":"3553940862995950"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/698315683","repostId":"2193078140","repostType":4,"isVote":1,"tweetType":1,"viewCount":1336,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691273980,"gmtCreate":1640216382003,"gmtModify":1640216383055,"author":{"id":"3553940862995950","authorId":"3553940862995950","name":"Huatster","avatar":"https://static.tigerbbs.com/d9dc702866f5062cdf4876ec185d9e88","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553940862995950","authorIdStr":"3553940862995950"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/691273980","repostId":"2193113147","repostType":4,"isVote":1,"tweetType":1,"viewCount":1237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691325517,"gmtCreate":1640139766497,"gmtModify":1640139767527,"author":{"id":"3553940862995950","authorId":"3553940862995950","name":"Huatster","avatar":"https://static.tigerbbs.com/d9dc702866f5062cdf4876ec185d9e88","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553940862995950","authorIdStr":"3553940862995950"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691325517","repostId":"2193663561","repostType":4,"isVote":1,"tweetType":1,"viewCount":1109,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693594728,"gmtCreate":1640047737677,"gmtModify":1640047738766,"author":{"id":"3553940862995950","authorId":"3553940862995950","name":"Huatster","avatar":"https://static.tigerbbs.com/d9dc702866f5062cdf4876ec185d9e88","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553940862995950","authorIdStr":"3553940862995950"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/693594728","repostId":"1198736123","repostType":4,"isVote":1,"tweetType":1,"viewCount":1120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699650627,"gmtCreate":1639794985355,"gmtModify":1639794986411,"author":{"id":"3553940862995950","authorId":"3553940862995950","name":"Huatster","avatar":"https://static.tigerbbs.com/d9dc702866f5062cdf4876ec185d9e88","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553940862995950","authorIdStr":"3553940862995950"},"themes":[],"htmlText":"Oh well","listText":"Oh well","text":"Oh well","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/699650627","repostId":"1113440959","repostType":4,"repost":{"id":"1113440959","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1639752802,"share":"https://www.laohunote.com/m/news/1113440959?lang=&edition=full","pubTime":"2021-12-17 22:53","market":"us","language":"en","title":"EV stocks fell sharply in morning trading ,with Rivian sliding 12%,Lucid Group sliding 7% and General Motors sliding 5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1113440959","media":"Tiger Newspress","summary":"EV stocks fell sharply in morning trading ,with Rivian sliding 12%,Lucid Group sliding 7%, Lordstown","content":"<p>EV stocks fell sharply in morning trading ,with Rivian sliding 12%,Lucid Group sliding 7%, Lordstown Motors sliding 6% and General Motors sliding 5%.<img src=\"https://static.tigerbbs.com/cd629a366b9a963976bc2a56e7c34763\" tg-width=\"282\" tg-height=\"468\" width=\"100%\" height=\"auto\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EV stocks fell sharply in morning trading ,with Rivian sliding 12%,Lucid Group sliding 7% and General Motors sliding 5%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEV stocks fell sharply in morning trading ,with Rivian sliding 12%,Lucid Group sliding 7% and General Motors sliding 5%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-17 22:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>EV stocks fell sharply in morning trading ,with Rivian sliding 12%,Lucid Group sliding 7%, Lordstown Motors sliding 6% and General Motors sliding 5%.<img src=\"https://static.tigerbbs.com/cd629a366b9a963976bc2a56e7c34763\" tg-width=\"282\" tg-height=\"468\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LCID":"Lucid Group Inc","RIVN":"Rivian Automotive, Inc.","GM":"通用汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113440959","content_text":"EV stocks fell sharply in morning trading ,with Rivian sliding 12%,Lucid Group sliding 7%, Lordstown Motors sliding 6% and General Motors sliding 5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1114,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690412118,"gmtCreate":1639701030071,"gmtModify":1639701031129,"author":{"id":"3553940862995950","authorId":"3553940862995950","name":"Huatster","avatar":"https://static.tigerbbs.com/d9dc702866f5062cdf4876ec185d9e88","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553940862995950","authorIdStr":"3553940862995950"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690412118","repostId":"1113560897","repostType":4,"repost":{"id":"1113560897","kind":"news","pubTimestamp":1639699755,"share":"https://www.laohunote.com/m/news/1113560897?lang=&edition=full","pubTime":"2021-12-17 08:09","market":"sg","language":"en","title":"Singapore Stock Market Expected To Remain Rangebound","url":"https://stock-news.laohu8.com/highlight/detail?id=1113560897","media":"RTTNews","summary":"The Singapore stock market has moved higher in two of three trading days since the end of the two-da","content":"<p>The Singapore stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen more than 20 points or 0.7 percent. The Straits Times Index now sits just beneath the 3,130-point plateau although it figures to turn lower again on Friday.</p>\n<p>The global forecast for the Asian markets is mixed to lower, with profit taking - especially among technology stocks - fueling a downward correction after sharp gains a day earlier. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead.</p>\n<p>The STI finished modestly higher on Thursday following gains from the financial shares and the industrials.</p>\n<p>For the day, the index improved 13.92 points or 0.45 percent to finish at 3,128.80 after trading between 3,113.05 and 3,137.31. Volume was 941 million shares worth 979.1 million Singapore dollars. There were 265 gainers and 202 decliners.</p>\n<p>Among the actives, Ascendas REIT shed 0.34 percent, while CapitaLand Integrated Commercial Trust retreated 0.50 percent, City Developments plummeted 2.69 percent, Comfort DelGro tumbled 1.43 percent, Dairy Farm International plunged 2.48 percent, DBS Group spiked 1.35 percent, Hongkong Land tanked 1.85 percent, Keppel Corp gained 0.39 percent, Oversea-Chinese Banking Corporation collected 0.80 percent, SATS added 0.52 percent, SembCorp Industries surged 3.59 percent, Singapore Airlines dipped 0.20 percent, Singapore Exchange fell 0.21 percent, Singapore Technologies Engineering rose 0.27 percent, SingTel advanced 0.83 percent, United Overseas Bank climbed 1.31 percent, Yangzijiang Shipbuilding sank 0.77 percent and Singapore Press Holdings, Wilmar International, Mapletree Commercial Trust, Mapletree Logistics Trust, Genting Singapore and Thai Beverage were unchanged.</p>\n<p>The lead from Wall Street is negative as the major averages opened slightly higher on Thursday but quickly turned lower, sinking to session lows at the close.</p>\n<p>The Dow dipped 29.79 points or 0.08 percent to finish at 35,897.64, while the NASDAQ plummeted 385.15 points or 2.47 percent to close at 15,180.43 and the S&P 500 sank 41.18 points or 0.87 percent to end at 4,668.67.</p>\n<p>The pull back on Wall Street came as traders continued to digest the Federal Reserve's monetary policy announcement on Wednesday, which was to accelerate the pace of tapering its asset purchases and forecast as many as three interest rate hikes next year.</p>\n<p>While some stocks benefited from reduced uncertainty about the outlook for monetary policy, high-growth tech stocks fell sharply amid concerns about the impact of higher interest rates.</p>\n<p>In economic news, the Labor Department noted a modest rebound in first-time jobless claims last week, while the Fed also said U.S. industrial production increased less than expected in November. Also, the Commerce Department said housing starts and building permits both surged much more than expected last month.</p>\n<p>Crude oil futures settled higher Thursday, aided by data showing increased demand for energy in the U.S. and a larger than expected drop in U.S. crude stockpiles last week. West Texas Intermediate Crude oil futures for January ended higher by $1.51 or 2.1 percent at $72.38 a barrel.</p>","source":"lsy1626938412129","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>Singapore Stock Market Expected To Remain Rangebound</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\">\nSingapore Stock Market Expected To Remain Rangebound\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-17 08:09 GMT+8 <a href=https://www.rttnews.com/3250039/singapore-stock-market-expected-to-remain-rangebound.aspx><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen more than 20 points or 0.7 percent. The Straits Times Index now sits ...</p>\n\n<a href=\"https://www.rttnews.com/3250039/singapore-stock-market-expected-to-remain-rangebound.aspx\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3250039/singapore-stock-market-expected-to-remain-rangebound.aspx","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113560897","content_text":"The Singapore stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen more than 20 points or 0.7 percent. The Straits Times Index now sits just beneath the 3,130-point plateau although it figures to turn lower again on Friday.\nThe global forecast for the Asian markets is mixed to lower, with profit taking - especially among technology stocks - fueling a downward correction after sharp gains a day earlier. The European markets were up and the U.S. bourses were down and the Asian markets figure to follow the latter lead.\nThe STI finished modestly higher on Thursday following gains from the financial shares and the industrials.\nFor the day, the index improved 13.92 points or 0.45 percent to finish at 3,128.80 after trading between 3,113.05 and 3,137.31. Volume was 941 million shares worth 979.1 million Singapore dollars. There were 265 gainers and 202 decliners.\nAmong the actives, Ascendas REIT shed 0.34 percent, while CapitaLand Integrated Commercial Trust retreated 0.50 percent, City Developments plummeted 2.69 percent, Comfort DelGro tumbled 1.43 percent, Dairy Farm International plunged 2.48 percent, DBS Group spiked 1.35 percent, Hongkong Land tanked 1.85 percent, Keppel Corp gained 0.39 percent, Oversea-Chinese Banking Corporation collected 0.80 percent, SATS added 0.52 percent, SembCorp Industries surged 3.59 percent, Singapore Airlines dipped 0.20 percent, Singapore Exchange fell 0.21 percent, Singapore Technologies Engineering rose 0.27 percent, SingTel advanced 0.83 percent, United Overseas Bank climbed 1.31 percent, Yangzijiang Shipbuilding sank 0.77 percent and Singapore Press Holdings, Wilmar International, Mapletree Commercial Trust, Mapletree Logistics Trust, Genting Singapore and Thai Beverage were unchanged.\nThe lead from Wall Street is negative as the major averages opened slightly higher on Thursday but quickly turned lower, sinking to session lows at the close.\nThe Dow dipped 29.79 points or 0.08 percent to finish at 35,897.64, while the NASDAQ plummeted 385.15 points or 2.47 percent to close at 15,180.43 and the S&P 500 sank 41.18 points or 0.87 percent to end at 4,668.67.\nThe pull back on Wall Street came as traders continued to digest the Federal Reserve's monetary policy announcement on Wednesday, which was to accelerate the pace of tapering its asset purchases and forecast as many as three interest rate hikes next year.\nWhile some stocks benefited from reduced uncertainty about the outlook for monetary policy, high-growth tech stocks fell sharply amid concerns about the impact of higher interest rates.\nIn economic news, the Labor Department noted a modest rebound in first-time jobless claims last week, while the Fed also said U.S. industrial production increased less than expected in November. Also, the Commerce Department said housing starts and building permits both surged much more than expected last month.\nCrude oil futures settled higher Thursday, aided by data showing increased demand for energy in the U.S. and a larger than expected drop in U.S. crude stockpiles last week. West Texas Intermediate Crude oil futures for January ended higher by $1.51 or 2.1 percent at $72.38 a barrel.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1325,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"defaultTab":"posts","isTTM":false}