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RICHSG2021
RICHSG2021
·
2021-12-19
Good analysis
Broadcom, Skyworks defended at BofA as Apple speculation heats up<blockquote>随着苹果猜测升温,博通和Skyworks在美国银行进行辩护</blockquote>
Skyworks Solutions and Broadcom are being defended at Bank of America after it was reported that A
Broadcom, Skyworks defended at BofA as Apple speculation heats up<blockquote>随着苹果猜测升温,博通和Skyworks在美国银行进行辩护</blockquote>
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RICHSG2021
RICHSG2021
·
2021-12-19
Good analysis
非常抱歉,此主贴已删除
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RICHSG2021
RICHSG2021
·
2021-10-30
$Etsy(ETSY)$
I shared a couple of mo ths ago. Speciality ecommerce.
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RICHSG2021
RICHSG2021
·
2021-10-21
$Etsy(ETSY)$
Back towards new highs
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RICHSG2021
RICHSG2021
·
2021-10-08
Its about time. And time to accumulate good ones.
Is The Stock Market Starting To Discount An Earnings Recession?<blockquote>股市是否开始低估盈利衰退?</blockquote>
Summary Earnings growth has been terrific over the past several quarters, proving a strong tailwind
Is The Stock Market Starting To Discount An Earnings Recession?<blockquote>股市是否开始低估盈利衰退?</blockquote>
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RICHSG2021
RICHSG2021
·
2021-10-08
$NVIDIA Corp(NVDA)$
Solid long term bet
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RICHSG2021
RICHSG2021
·
2021-08-10
$Etsy(ETSY)$
Speciality ecom pick..
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RICHSG2021
RICHSG2021
·
2021-07-30
Next wave of ecom is speciality retail marketplaces.
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RICHSG2021
RICHSG2021
·
2021-07-29
Good results.
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RICHSG2021
RICHSG2021
·
2021-07-29
Single shot vaccine will be a big boost
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analysis","listText":"Good analysis","text":"Good analysis","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/699546267","repostId":"1156618758","repostType":4,"repost":{"id":"1156618758","kind":"news","pubTimestamp":1639807675,"share":"https://www.laohu8.com/m/news/1156618758?lang=zh_CN&edition=full","pubTime":"2021-12-18 14:07","market":"us","language":"en","title":"Broadcom, Skyworks defended at BofA as Apple speculation heats up<blockquote>随着苹果猜测升温,博通和Skyworks在美国银行进行辩护</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1156618758","media":"Seeking Alpha","summary":"Skyworks Solutions and Broadcom are being defended at Bank of America after it was reported that A","content":"<p><a href=\"https://laohu8.com/S/SWKS\">Skyworks Solutions </a> and <a href=\"https://laohu8.com/S/AVGO\">Broadcom </a> are being defended at Bank of America after it was reported that <a href=\"https://laohu8.com/S/AAPL\">Apple </a> is looking to build wireless chips in-house, news that sent shares of both semiconductor companies sharply lower.</p><p><blockquote><a href=\"https://laohu8.com/S/SWKS\">Skyworks解决方案</a>和<a href=\"https://laohu8.com/S/AVGO\">Broadcom</a>在有报道称美国银行正在为<a href=\"https://laohu8.com/S/AAPL\">苹果</a>正在寻求内部制造无线芯片,这一消息导致两家半导体公司的股价大幅下跌。</blockquote></p><p> Analyst Vivek Arya, who rates Broadcom (AVGO) buy with a $750 price target and Skyworks (SWKS) neutral with a $190 price target, notes that both companies have significant exposure to Apple (AAPL), with 20% for Broadcom and 59% for Skyworks, but industry checks suggest the impact is \"overblown in the near to medium term.\" Apple's hiring could be for its plans to develop its own 5G modem, which would hurt Qualcomm (NASDAQ:QCOM) and not Broadcom or Skyworks.</p><p><blockquote>分析师Vivek Arya将Broadcom(AVGO)评级为买入,目标价为750美元,将Skyworks(SWKS)评级为中性,目标价为190美元,他指出,两家公司对苹果(AAPL)都有很大的敞口,其中Broadcom持有20%,Skyworks持有59%,但行业检查表明,这种影响“在中短期内被夸大了”。苹果的招聘可能是为了其开发自己的5G调制解调器的计划,这将损害高通(纳斯达克股票代码:QCOM),而不是博通或Skyworks。</blockquote></p><p> Skyworks (SWKS) fell more than 8% to close at $146.39 on Thursday and are down another 1% on Friday. Broadcom declined 3% to close at $620.68 and are slightly lower on Friday.</p><p><blockquote>Skyworks(SWKS)周四下跌超过8%,收于146.39美元,周五又下跌1%。博通下跌3%,收于620.68美元,周五小幅走低。</blockquote></p><p> Arya notes that Broadcom (AVGO) has a $15 billion contract with Apple (AAPL) that runs through 2023 and all RF design is not \"created equal.\" He adds that RF design is a \"very broad capability,\" which requires experience for a wide variety of use cases in smartphones, including the transceiver, which Arya believes the report was talking about.</p><p><blockquote>Arya指出,博通(AVGO)与苹果(AAPL)签订了一份价值150亿美元的合同,该合同将持续到2023年,所有射频设计并非“生来平等”。他补充说,射频设计是一项“非常广泛的能力”,这需要智能手机各种用例的经验,包括Arya认为报告中谈到的收发器。</blockquote></p><p> Apple (AAPL) purchases RF-front parts from Broadcom (AVGO), Skyworks (SWKS), Qorvo (NASDAQ:QRVO) and Qualcomm (QCOM), including amplifiers, filters and switches and \"we have heard of no plans for Apple to insource these parts that require very specific recipes, intellectual property and specialty materials/fabs,\" the analyst added.</p><p><blockquote>苹果(AAPL)从Broadcom(AVGO)、Skyworks(SWKS)、Qorvo(纳斯达克股票代码:QRVO)和高通(QCOM)购买射频前端零件,包括放大器、滤波器和开关,“我们没有听说苹果有任何计划将这些需要非常具体配方、知识产权和特殊材料/晶圆厂的零件内化,”分析师补充道。</blockquote></p><p> Apple (AAPL) also gets the Wi-Fi and Bluetooth chips from Broadcom (AVGO) and the RF front-end from Skyworks and the analyst said to his knowledge, \"there are no plans for Apple to insource these currently,\" though he admitted that the low-end Apple Watch uses some of Apple's own silicon for this.</p><p><blockquote>苹果(AAPL)还从博通(AVGO)获得Wi-Fi和蓝牙芯片,从Skyworks获得射频前端,这位分析师表示,据他所知,“苹果目前没有计划外包这些芯片”,尽管他承认低端苹果手表为此使用了苹果自己的一些芯片。</blockquote></p><p> On Thursday, Goldman Sachs said Apple (AAPL) iPhone supply was getting better, becoming more in-line with demand.</p><p><blockquote>周四,高盛表示,苹果(AAPL)iPhone供应正在好转,与需求更加一致。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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}\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: 12.5px; color: #7E829C; margin: 0;}\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\">\nBroadcom, Skyworks defended at BofA as Apple speculation heats up<blockquote>随着苹果猜测升温,博通和Skyworks在美国银行进行辩护</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-18 14:07</span>\n</p>\n</h4>\n</header>\n<article>\n<p><a href=\"https://laohu8.com/S/SWKS\">Skyworks Solutions </a> and <a href=\"https://laohu8.com/S/AVGO\">Broadcom </a> are being defended at Bank of America after it was reported that <a href=\"https://laohu8.com/S/AAPL\">Apple </a> is looking to build wireless chips in-house, news that sent shares of both semiconductor companies sharply lower.</p><p><blockquote><a href=\"https://laohu8.com/S/SWKS\">Skyworks解决方案</a>和<a href=\"https://laohu8.com/S/AVGO\">Broadcom</a>在有报道称美国银行正在为<a href=\"https://laohu8.com/S/AAPL\">苹果</a>正在寻求内部制造无线芯片,这一消息导致两家半导体公司的股价大幅下跌。</blockquote></p><p> Analyst Vivek Arya, who rates Broadcom (AVGO) buy with a $750 price target and Skyworks (SWKS) neutral with a $190 price target, notes that both companies have significant exposure to Apple (AAPL), with 20% for Broadcom and 59% for Skyworks, but industry checks suggest the impact is \"overblown in the near to medium term.\" Apple's hiring could be for its plans to develop its own 5G modem, which would hurt Qualcomm (NASDAQ:QCOM) and not Broadcom or Skyworks.</p><p><blockquote>分析师Vivek Arya将Broadcom(AVGO)评级为买入,目标价为750美元,将Skyworks(SWKS)评级为中性,目标价为190美元,他指出,两家公司对苹果(AAPL)都有很大的敞口,其中Broadcom持有20%,Skyworks持有59%,但行业检查表明,这种影响“在中短期内被夸大了”。苹果的招聘可能是为了其开发自己的5G调制解调器的计划,这将损害高通(纳斯达克股票代码:QCOM),而不是博通或Skyworks。</blockquote></p><p> Skyworks (SWKS) fell more than 8% to close at $146.39 on Thursday and are down another 1% on Friday. Broadcom declined 3% to close at $620.68 and are slightly lower on Friday.</p><p><blockquote>Skyworks(SWKS)周四下跌超过8%,收于146.39美元,周五又下跌1%。博通下跌3%,收于620.68美元,周五小幅走低。</blockquote></p><p> Arya notes that Broadcom (AVGO) has a $15 billion contract with Apple (AAPL) that runs through 2023 and all RF design is not \"created equal.\" He adds that RF design is a \"very broad capability,\" which requires experience for a wide variety of use cases in smartphones, including the transceiver, which Arya believes the report was talking about.</p><p><blockquote>Arya指出,博通(AVGO)与苹果(AAPL)签订了一份价值150亿美元的合同,该合同将持续到2023年,所有射频设计并非“生来平等”。他补充说,射频设计是一项“非常广泛的能力”,这需要智能手机各种用例的经验,包括Arya认为报告中谈到的收发器。</blockquote></p><p> Apple (AAPL) purchases RF-front parts from Broadcom (AVGO), Skyworks (SWKS), Qorvo (NASDAQ:QRVO) and Qualcomm (QCOM), including amplifiers, filters and switches and \"we have heard of no plans for Apple to insource these parts that require very specific recipes, intellectual property and specialty materials/fabs,\" the analyst added.</p><p><blockquote>苹果(AAPL)从Broadcom(AVGO)、Skyworks(SWKS)、Qorvo(纳斯达克股票代码:QRVO)和高通(QCOM)购买射频前端零件,包括放大器、滤波器和开关,“我们没有听说苹果有任何计划将这些需要非常具体配方、知识产权和特殊材料/晶圆厂的零件内化,”分析师补充道。</blockquote></p><p> Apple (AAPL) also gets the Wi-Fi and Bluetooth chips from Broadcom (AVGO) and the RF front-end from Skyworks and the analyst said to his knowledge, \"there are no plans for Apple to insource these currently,\" though he admitted that the low-end Apple Watch uses some of Apple's own silicon for this.</p><p><blockquote>苹果(AAPL)还从博通(AVGO)获得Wi-Fi和蓝牙芯片,从Skyworks获得射频前端,这位分析师表示,据他所知,“苹果目前没有计划外包这些芯片”,尽管他承认低端苹果手表为此使用了苹果自己的一些芯片。</blockquote></p><p> On Thursday, Goldman Sachs said Apple (AAPL) iPhone supply was getting better, becoming more in-line with demand.</p><p><blockquote>周四,高盛表示,苹果(AAPL)iPhone供应正在好转,与需求更加一致。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://seekingalpha.com/news/3781253-broadcom-skyworks-defended-at-bofa-as-apple-speculation-heats-up\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AVGO":"博通","AAPL":"苹果","SWKS":"思佳讯"},"source_url":"https://seekingalpha.com/news/3781253-broadcom-skyworks-defended-at-bofa-as-apple-speculation-heats-up","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156618758","content_text":"Skyworks Solutions and Broadcom are being defended at Bank of America after it was reported that Apple is looking to build wireless chips in-house, news that sent shares of both semiconductor companies sharply lower.\nAnalyst Vivek Arya, who rates Broadcom (AVGO) buy with a $750 price target and Skyworks (SWKS) neutral with a $190 price target, notes that both companies have significant exposure to Apple (AAPL), with 20% for Broadcom and 59% for Skyworks, but industry checks suggest the impact is \"overblown in the near to medium term.\" Apple's hiring could be for its plans to develop its own 5G modem, which would hurt Qualcomm (NASDAQ:QCOM) and not Broadcom or Skyworks.\nSkyworks (SWKS) fell more than 8% to close at $146.39 on Thursday and are down another 1% on Friday. Broadcom declined 3% to close at $620.68 and are slightly lower on Friday.\nArya notes that Broadcom (AVGO) has a $15 billion contract with Apple (AAPL) that runs through 2023 and all RF design is not \"created equal.\" He adds that RF design is a \"very broad capability,\" which requires experience for a wide variety of use cases in smartphones, including the transceiver, which Arya believes the report was talking about.\nApple (AAPL) purchases RF-front parts from Broadcom (AVGO), Skyworks (SWKS), Qorvo (NASDAQ:QRVO) and Qualcomm (QCOM), including amplifiers, filters and switches and \"we have heard of no plans for Apple to insource these parts that require very specific recipes, intellectual property and specialty materials/fabs,\" the analyst added.\nApple (AAPL) also gets the Wi-Fi and Bluetooth chips from Broadcom (AVGO) and the RF front-end from Skyworks and the analyst said to his knowledge, \"there are no plans for Apple to insource these currently,\" though he admitted that the low-end Apple Watch uses some of Apple's own silicon for this.\nOn Thursday, Goldman Sachs said Apple (AAPL) iPhone supply was getting better, becoming more in-line with demand.","news_type":1,"symbols_score_info":{"SWKS":0.9,"AAPL":0.9,"AVGO":0.9}},"isVote":1,"tweetType":1,"viewCount":1562,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699546398,"gmtCreate":1639865087805,"gmtModify":1639865087805,"author":{"id":"4089003739432960","authorId":"4089003739432960","name":"RICHSG2021","avatar":"https://static.tigerbbs.com/bbd874826d817a4e6c7f5dbfa5c3e3a0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089003739432960","idStr":"4089003739432960"},"themes":[],"htmlText":"Good analysis","listText":"Good analysis","text":"Good analysis","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/699546398","repostId":"2192754259","repostType":4,"isVote":1,"tweetType":1,"viewCount":1935,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":840937579,"gmtCreate":1635574020416,"gmtModify":1635574020416,"author":{"id":"4089003739432960","authorId":"4089003739432960","name":"RICHSG2021","avatar":"https://static.tigerbbs.com/bbd874826d817a4e6c7f5dbfa5c3e3a0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089003739432960","idStr":"4089003739432960"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ETSY\">$Etsy(ETSY)$</a>I shared a couple of mo ths ago. Speciality ecommerce.","listText":"<a href=\"https://laohu8.com/S/ETSY\">$Etsy(ETSY)$</a>I shared a couple of mo ths ago. Speciality ecommerce.","text":"$Etsy(ETSY)$I shared a couple of mo ths ago. Speciality ecommerce.","images":[{"img":"https://static.tigerbbs.com/77fd5129d6861ed230c923ca016acd57","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/840937579","isVote":1,"tweetType":1,"viewCount":1704,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":853350974,"gmtCreate":1634775492464,"gmtModify":1634775492593,"author":{"id":"4089003739432960","authorId":"4089003739432960","name":"RICHSG2021","avatar":"https://static.tigerbbs.com/bbd874826d817a4e6c7f5dbfa5c3e3a0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089003739432960","idStr":"4089003739432960"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ETSY\">$Etsy(ETSY)$</a>Back towards new highs ","listText":"<a href=\"https://laohu8.com/S/ETSY\">$Etsy(ETSY)$</a>Back towards new highs ","text":"$Etsy(ETSY)$Back towards new highs","images":[{"img":"https://static.tigerbbs.com/85872679edb6e689f623ef66a51f0e9f","width":"1080","height":"3162"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/853350974","isVote":1,"tweetType":1,"viewCount":2306,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":823262033,"gmtCreate":1633640276154,"gmtModify":1633640276300,"author":{"id":"4089003739432960","authorId":"4089003739432960","name":"RICHSG2021","avatar":"https://static.tigerbbs.com/bbd874826d817a4e6c7f5dbfa5c3e3a0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089003739432960","idStr":"4089003739432960"},"themes":[],"htmlText":"Its about time. And time to accumulate good ones. ","listText":"Its about time. And time to accumulate good ones. ","text":"Its about time. And time to accumulate good ones.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/823262033","repostId":"1122483864","repostType":4,"repost":{"id":"1122483864","kind":"news","pubTimestamp":1633612054,"share":"https://www.laohu8.com/m/news/1122483864?lang=zh_CN&edition=full","pubTime":"2021-10-07 21:07","market":"us","language":"en","title":"Is The Stock Market Starting To Discount An Earnings Recession?<blockquote>股市是否开始低估盈利衰退?</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1122483864","media":"The Felder Report","summary":"Summary\n\nEarnings growth has been terrific over the past several quarters, proving a strong tailwind","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>Earnings growth has been terrific over the past several quarters, proving a strong tailwind for stock prices.</li> <li>For astute market watchers, however, this should not come as any surprise.</li> <li>Considering valuations are more extreme than ever before and investors are also more highly leveraged than any other time in the past, a shifting in this fundamental driver of stock prices from tailwind to headwind should be something investors pay close attention to.</li> </ul> Earnings growth has been terrific over the past several quarters, proving a strong tailwind for stock prices. For astute market watchers, however, this should not come as any surprise. The decline in interest rates, oil prices, and the dollar over the past couple of years, in fact, predicted it. As a group, these markets have proven for decades now to be a far better forecaster of S&P 500 earnings growth than any analyst on Wall Street. The chart below plots a composite of these indicators, shifted forward 24 months, against the 12-month change in S&P 500 earnings. The relationship is not perfect but generally gets the trend right.</p><p><blockquote><ul><li>过去几个季度的盈利增长非常出色,为股价提供了强劲的推动力。</li><li>然而,对于精明的市场观察人士来说,这并不奇怪。</li><li>考虑到估值比以往任何时候都更加极端,投资者的杠杆率也比过去任何时候都高,股价的这一基本面驱动因素从顺风向逆风的转变应该是投资者密切关注的事情。</li></ul>过去几个季度的盈利增长非常出色,为股价提供了强劲的推动力。然而,对于精明的市场观察人士来说,这并不奇怪。事实上,过去几年利率、油价和美元的下跌预示了这一点。作为一个整体,几十年来,这些市场已被证明比华尔街任何分析师都更能预测标普500的盈利增长。下图绘制了这些指标向前移动24个月后与标普500盈利12个月变化的综合图。这种关系并不完美,但通常会得到正确的趋势。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/fe8828707d84ad373cdfa67b61274b6c\" tg-width=\"1024\" tg-height=\"740\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> With inflation pressures continuing to rise even as record amounts of fiscal stimulus begin to wear off and the economy clearly slows, however, an earnings recession over the next several quarters should also come as no surprise. In fact, that is exactly what the recent action in interest rates, oil prices, and the dollar now point to. Considering valuations aremore extreme than ever beforeand investors are alsomore highly leveraged than any other time in the past, a shifting in this fundamental driver of stock prices from tailwind to headwind should be something investors pay close attention to.</p><p><blockquote>然而,尽管创纪录的财政刺激措施开始消退且经济明显放缓,但通胀压力仍在继续上升,未来几个季度的盈利衰退也不足为奇。事实上,这正是最近利率、油价和美元走势所指向的。考虑到估值比以往任何时候都更加极端,投资者的杠杆率也比过去任何时候都高,股价的基本驱动因素从顺风转向逆风应该是投资者密切关注的事情。</blockquote></p><p></p>","source":"lsy1633612154156","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>Is The Stock Market Starting To Discount An Earnings Recession?<blockquote>股市是否开始低估盈利衰退?</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nIs The Stock Market Starting To Discount An Earnings Recession?<blockquote>股市是否开始低估盈利衰退?</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Felder Report</strong><span class=\"h-time small\">2021-10-07 21:07</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>Earnings growth has been terrific over the past several quarters, proving a strong tailwind for stock prices.</li> <li>For astute market watchers, however, this should not come as any surprise.</li> <li>Considering valuations are more extreme than ever before and investors are also more highly leveraged than any other time in the past, a shifting in this fundamental driver of stock prices from tailwind to headwind should be something investors pay close attention to.</li> </ul> Earnings growth has been terrific over the past several quarters, proving a strong tailwind for stock prices. For astute market watchers, however, this should not come as any surprise. The decline in interest rates, oil prices, and the dollar over the past couple of years, in fact, predicted it. As a group, these markets have proven for decades now to be a far better forecaster of S&P 500 earnings growth than any analyst on Wall Street. The chart below plots a composite of these indicators, shifted forward 24 months, against the 12-month change in S&P 500 earnings. The relationship is not perfect but generally gets the trend right.</p><p><blockquote><ul><li>过去几个季度的盈利增长非常出色,为股价提供了强劲的推动力。</li><li>然而,对于精明的市场观察人士来说,这并不奇怪。</li><li>考虑到估值比以往任何时候都更加极端,投资者的杠杆率也比过去任何时候都高,股价的这一基本面驱动因素从顺风向逆风的转变应该是投资者密切关注的事情。</li></ul>过去几个季度的盈利增长非常出色,为股价提供了强劲的推动力。然而,对于精明的市场观察人士来说,这并不奇怪。事实上,过去几年利率、油价和美元的下跌预示了这一点。作为一个整体,几十年来,这些市场已被证明比华尔街任何分析师都更能预测标普500的盈利增长。下图绘制了这些指标向前移动24个月后与标普500盈利12个月变化的综合图。这种关系并不完美,但通常会得到正确的趋势。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/fe8828707d84ad373cdfa67b61274b6c\" tg-width=\"1024\" tg-height=\"740\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> With inflation pressures continuing to rise even as record amounts of fiscal stimulus begin to wear off and the economy clearly slows, however, an earnings recession over the next several quarters should also come as no surprise. In fact, that is exactly what the recent action in interest rates, oil prices, and the dollar now point to. Considering valuations aremore extreme than ever beforeand investors are alsomore highly leveraged than any other time in the past, a shifting in this fundamental driver of stock prices from tailwind to headwind should be something investors pay close attention to.</p><p><blockquote>然而,尽管创纪录的财政刺激措施开始消退且经济明显放缓,但通胀压力仍在继续上升,未来几个季度的盈利衰退也不足为奇。事实上,这正是最近利率、油价和美元走势所指向的。考虑到估值比以往任何时候都更加极端,投资者的杠杆率也比过去任何时候都高,股价的基本驱动因素从顺风转向逆风应该是投资者密切关注的事情。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://thefelderreport.com/2021/10/06/is-the-stock-market-starting-to-discount-an-earnings-recession/\">The Felder Report</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://thefelderreport.com/2021/10/06/is-the-stock-market-starting-to-discount-an-earnings-recession/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122483864","content_text":"Summary\n\nEarnings growth has been terrific over the past several quarters, proving a strong tailwind for stock prices.\nFor astute market watchers, however, this should not come as any surprise.\nConsidering valuations are more extreme than ever before and investors are also more highly leveraged than any other time in the past, a shifting in this fundamental driver of stock prices from tailwind to headwind should be something investors pay close attention to.\n\nEarnings growth has been terrific over the past several quarters, proving a strong tailwind for stock prices. For astute market watchers, however, this should not come as any surprise. The decline in interest rates, oil prices, and the dollar over the past couple of years, in fact, predicted it. As a group, these markets have proven for decades now to be a far better forecaster of S&P 500 earnings growth than any analyst on Wall Street. The chart below plots a composite of these indicators, shifted forward 24 months, against the 12-month change in S&P 500 earnings. The relationship is not perfect but generally gets the trend right.\n\nWith inflation pressures continuing to rise even as record amounts of fiscal stimulus begin to wear off and the economy clearly slows, however, an earnings recession over the next several quarters should also come as no surprise. In fact, that is exactly what the recent action in interest rates, oil prices, and the dollar now point to. Considering valuations aremore extreme than ever beforeand investors are alsomore highly leveraged than any other time in the past, a shifting in this fundamental driver of stock prices from tailwind to headwind should be something investors pay close attention to.","news_type":1,"symbols_score_info":{".IXIC":0.9,"SPY":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":1555,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823266794,"gmtCreate":1633640184719,"gmtModify":1633640184860,"author":{"id":"4089003739432960","authorId":"4089003739432960","name":"RICHSG2021","avatar":"https://static.tigerbbs.com/bbd874826d817a4e6c7f5dbfa5c3e3a0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089003739432960","idStr":"4089003739432960"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NVDA\">$NVIDIA Corp(NVDA)$</a>Solid long term bet","listText":"<a href=\"https://laohu8.com/S/NVDA\">$NVIDIA Corp(NVDA)$</a>Solid long term bet","text":"$NVIDIA Corp(NVDA)$Solid long term bet","images":[{"img":"https://static.tigerbbs.com/42873d7a452c80f65ed54c73a96e773e","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/823266794","isVote":1,"tweetType":1,"viewCount":3199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":896842072,"gmtCreate":1628572046096,"gmtModify":1631884337567,"author":{"id":"4089003739432960","authorId":"4089003739432960","name":"RICHSG2021","avatar":"https://static.tigerbbs.com/bbd874826d817a4e6c7f5dbfa5c3e3a0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089003739432960","idStr":"4089003739432960"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ETSY\">$Etsy(ETSY)$</a>Speciality ecom pick..","listText":"<a href=\"https://laohu8.com/S/ETSY\">$Etsy(ETSY)$</a>Speciality ecom pick..","text":"$Etsy(ETSY)$Speciality ecom pick..","images":[{"img":"https://static.tigerbbs.com/6c8dcf3c6d9ffa096c6a6ccc827bb550","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/896842072","isVote":1,"tweetType":1,"viewCount":1431,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":806867206,"gmtCreate":1627650121205,"gmtModify":1633757455010,"author":{"id":"4089003739432960","authorId":"4089003739432960","name":"RICHSG2021","avatar":"https://static.tigerbbs.com/bbd874826d817a4e6c7f5dbfa5c3e3a0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089003739432960","idStr":"4089003739432960"},"themes":[],"htmlText":"Next wave of ecom is speciality retail marketplaces.","listText":"Next wave of ecom is speciality retail marketplaces.","text":"Next wave of ecom is speciality retail marketplaces.","images":[{"img":"https://static.tigerbbs.com/1e7db1f0e6cce101aa9c9834b94f7445","width":"1080","height":"2279"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/806867206","isVote":1,"tweetType":1,"viewCount":1274,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":801743283,"gmtCreate":1627538010042,"gmtModify":1633763989643,"author":{"id":"4089003739432960","authorId":"4089003739432960","name":"RICHSG2021","avatar":"https://static.tigerbbs.com/bbd874826d817a4e6c7f5dbfa5c3e3a0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089003739432960","idStr":"4089003739432960"},"themes":[],"htmlText":"Good results.","listText":"Good results.","text":"Good results.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/801743283","repostId":"2155970840","repostType":4,"isVote":1,"tweetType":1,"viewCount":1562,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801749298,"gmtCreate":1627537937514,"gmtModify":1633763990477,"author":{"id":"4089003739432960","authorId":"4089003739432960","name":"RICHSG2021","avatar":"https://static.tigerbbs.com/bbd874826d817a4e6c7f5dbfa5c3e3a0","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4089003739432960","idStr":"4089003739432960"},"themes":[],"htmlText":"Single shot vaccine will be a big boost","listText":"Single shot vaccine will be a big boost","text":"Single shot vaccine will be a big boost","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/801749298","repostId":"2155413972","repostType":4,"isVote":1,"tweetType":1,"viewCount":1354,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":false}