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2021-11-24

I cleared it earlier [流泪] [流泪]

Will Apple Stock Be Up 25% Next Year?<blockquote>苹果股价明年会上涨25%吗？</blockquote>

2021-11-24

Thx for Reminding

Reminder: U.S. stocks will be closed on Thursday for Thanksgiving day,and close three hours earlier on Friday<blockquote>提醒：周四美股因感恩节休市，周五提前三小时收盘</blockquote>

2021-11-13

我在瑟瑟发抖，却不能抽身。

Doubting that we could be in a stock-market bubble? Here's the chart you need to see.<blockquote>怀疑我们可能处于股市泡沫中？这是你需要看的图表。</blockquote>

2021-11-13

什么时候掉到我买得起的价钱？

Nvidia shares fell nearly 2% in morning trading<blockquote>英伟达股价早盘下跌近2%</blockquote>

2021-11-12

$PayPal(PYPL)$ , 手太快了。心在流血

2021-11-11

$BigCommerce Holdings(BIGC)$ 过山车？！我会再回来的。

2021-11-10

$BigCommerce Holdings(BIGC)$该卖了吗？

2021-11-10

$BigCommerce Holdings(BIGC)$该卖了吗？

2021-09-01

$Skillz Inc(SKLZ)$what is the pushing factor behind the raise? Anyone can enlighten me. Of course I'm looking forward for the raise

2021-02-10

$Blue Sphere Corp.(BLSP)$ I take the spaceship by accident [龇牙] [龇牙]

2021-02-10

$Riot Blockchain, Inc.(RIOT)$有眼光

2021-02-10

$Riot Blockchain, Inc.(RIOT)$ 有眼光

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cleared it earlier&nbsp;[流泪]&nbsp;[流泪]&nbsp;","listText":"I cleared it earlier&nbsp;[流泪]&nbsp;[流泪]&nbsp;","text":"I cleared it earlier [流泪] [流泪]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874809313","repostId":"1158359024","repostType":4,"repost":{"id":"1158359024","kind":"news","pubTimestamp":1637714626,"share":"https://www.laohu8.com/m/news/1158359024?lang=zh_CN&edition=full","pubTime":"2021-11-24 08:43","market":"us","language":"en","title":"Will Apple Stock Be Up 25% Next Year?<blockquote>苹果股价明年会上涨25%吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1158359024","media":"TheStreet","summary":"Apple stock has just made all-time highs, but one Wall Street bull thinks that shares can climb another 25% in the next year. 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In part for this reason, AAPL shares look like a buy to me, even at a historical peak price of $160.</p><p><blockquote>苹果股价在11月份创下历史新高。周一，我认为苹果已经成为主导和重塑其运营所在的消费科技市场的专家。部分出于这个原因，即使在160美元的历史峰值价格下，AAPL股票在我看来也值得买入。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3facec59ae76a6c28f4c5847600b4de\" tg-width=\"1240\" tg-height=\"886\" width=\"100%\" height=\"auto\"><span>Figure 1: Apple store in New York, NY.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1：纽约州纽约市的苹果商店。</span></p></blockquote></p><p> That said, Tigress Financial’s Ivan Feinseth has recentlyseta new Street-high share price target of nearly $200. At those levels, AAPL would present about 25% gain potential over the next 12 months. Is this a reasonable expectation? Might it even be too conservative a number?</p><p><blockquote>尽管如此，Tigress Financial的Ivan Feinseth最近将股价目标定为近200美元，创下了近200美元的新高。按照这些水平，AAPL在未来12个月内将呈现约25%的上涨潜力。这是一个合理的预期吗？这个数字会不会太保守了？</blockquote></p><p> <b>What AAPL at $200 means</b></p><p><blockquote><b>AAPL 200美元意味着什么</b></blockquote></p><p> From a P/E perspective, Apple’s next-year valuation multiple would need to expand to 32.8 times for the stock to climb 25% from here and reach $200 apiece by this time in 2022. For reference, the comparable forward multiple today is only 28.2 times. Forward P/E only climbed well into the 30s recently&nbsp;in late August 2020, moments before AAPL corrected sharply into the end of Q3.</p><p><blockquote>从市盈率的角度来看，苹果明年的估值倍数需要扩大到32.8倍，该股才能在2022年此时上涨25%并达到每股200美元。作为参考，今天可比远期倍数仅为28.2倍。远期市盈率直到2020年8月下旬才攀升至30多岁，就在AAPL在第三季度末大幅调整之前。</blockquote></p><p> All the above, of course, assumes that consensus 2023 EPS of $6.09 remains unchanged. Apple stock could also head to $200, maybe even without any valuation expansion, if the company manages to deliver consensus-beating results in the next few quarters. This could happen as a result of&nbsp;strong iPhone sales in the holiday quarter, for example.</p><p><blockquote>当然，以上所有内容都假设2023年每股收益6.09美元的共识保持不变。如果苹果公司能够在未来几个季度取得超出共识的业绩，即使估值没有任何扩张，该公司的股价也可能升至200美元。例如，这可能是假日季度iPhone销售强劲的结果。</blockquote></p><p> <b>What history says</b></p><p><blockquote><b>历史怎么说</b></blockquote></p><p> History does not always repeat, but it often rhymes. From that point of view, Apple’s 25% climb in 12 months seems a bit more unlikely, considering that AAPL currently sits at an all-time high.</p><p><blockquote>历史并不总是重复，但它往往押韵。从这个角度来看，考虑到AAPL目前正处于历史高位，苹果在12个月内上涨25%的可能性似乎更小。</blockquote></p><p> The Apple Maven has explained&nbsp;that an investment in Apple stock tends to offer the highest return in the following 12 months if shares are bought during a steep drawdown. On average, one-year gains have been nearly 50% when the stock was bought after a 30%-plus decline from the top.</p><p><blockquote>这位苹果专家解释说，如果在大幅下跌期间购买苹果股票，投资其股票往往会在接下来的12个月内获得最高回报。平均而言，当该股从顶部下跌30%以上后买入时，一年的涨幅已接近50%。</blockquote></p><p> Instead, if an investor bought AAPL only at all-time highs since the launch of the first iPhone in 2007 and held shares for exactly one year, his or her average return would have been “only” 19%. Gains of 25% or more, however, have not been all that rare, as the histogram below illustrates.</p><p><blockquote>相反，如果投资者仅在2007年第一部iPhone推出以来的历史高点买入AAPL，并持有股票整整一年，他或她的平均回报率将“仅”为19%。然而，25%或更多的收益并不罕见，如下图所示。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4efda4e69cc836339cb92cc143f3dbab\" tg-width=\"736\" tg-height=\"441\" width=\"100%\" height=\"auto\"><span>Figure 2: Distribution of one-year gains in AAPL from a peak.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图2：AAPL从峰值开始的一年涨幅分布。</span></p></blockquote></p><p> <b>The Apple Maven’s take</b></p><p><blockquote><b>苹果专家的看法</b></blockquote></p><p> I continue to think that AAPL is a great buy-and-hold play at $160 per share. However, earning 25% from an all-time high is no easy feat, even though it has happened before.</p><p><blockquote>我仍然认为AAPL是一个很好的买入并持有股票，每股160美元。然而，从历史高点赚取25%并不是一件容易的事，尽管这种情况以前也发生过。</blockquote></p><p> I would not necessarily count on Apple stock generating stratospheric returns in the next 12 months or so. The odds are against it happening from a peak price, especially after shares managed to produce gains of 140% in the past 24 months alone. But more modest, still market-beating gains are certainly not out of question, considering the robust business fundamentals.</p><p><blockquote>我不一定指望苹果股票在未来12个月左右产生极高的回报。这种情况从峰值价格开始发生的可能性很小，尤其是在股价仅在过去24个月内就上涨了140%之后。但考虑到强劲的商业基本面，更温和、仍跑赢市场的涨幅肯定不是不可能的。</blockquote></p><p></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>Will Apple Stock Be Up 25% Next Year?<blockquote>苹果股价明年会上涨25%吗？</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\">\nWill Apple Stock Be Up 25% Next Year?<blockquote>苹果股价明年会上涨25%吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">TheStreet</strong><span class=\"h-time small\">2021-11-24 08:43</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Apple stock has just made all-time highs, but one Wall Street bull thinks that shares can climb another 25% in the next year. Is this a reasonable expectation?</p><p><blockquote>苹果股价刚刚创下历史新高，但一位华尔街多头认为明年股价还可以再上涨25%。这是一个合理的预期吗？</blockquote></p><p> Apple stock&nbsp;made new all-time highs in November. On Monday, I argued that Apple has become an expert at dominating and reshaping the consumer tech markets in which it operates. In part for this reason, AAPL shares look like a buy to me, even at a historical peak price of $160.</p><p><blockquote>苹果股价在11月份创下历史新高。周一，我认为苹果已经成为主导和重塑其运营所在的消费科技市场的专家。部分出于这个原因，即使在160美元的历史峰值价格下，AAPL股票在我看来也值得买入。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3facec59ae76a6c28f4c5847600b4de\" tg-width=\"1240\" tg-height=\"886\" width=\"100%\" height=\"auto\"><span>Figure 1: Apple store in New York, NY.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1：纽约州纽约市的苹果商店。</span></p></blockquote></p><p> That said, Tigress Financial’s Ivan Feinseth has recentlyseta new Street-high share price target of nearly $200. At those levels, AAPL would present about 25% gain potential over the next 12 months. Is this a reasonable expectation? Might it even be too conservative a number?</p><p><blockquote>尽管如此，Tigress Financial的Ivan Feinseth最近将股价目标定为近200美元，创下了近200美元的新高。按照这些水平，AAPL在未来12个月内将呈现约25%的上涨潜力。这是一个合理的预期吗？这个数字会不会太保守了？</blockquote></p><p> <b>What AAPL at $200 means</b></p><p><blockquote><b>AAPL 200美元意味着什么</b></blockquote></p><p> From a P/E perspective, Apple’s next-year valuation multiple would need to expand to 32.8 times for the stock to climb 25% from here and reach $200 apiece by this time in 2022. For reference, the comparable forward multiple today is only 28.2 times. Forward P/E only climbed well into the 30s recently&nbsp;in late August 2020, moments before AAPL corrected sharply into the end of Q3.</p><p><blockquote>从市盈率的角度来看，苹果明年的估值倍数需要扩大到32.8倍，该股才能在2022年此时上涨25%并达到每股200美元。作为参考，今天可比远期倍数仅为28.2倍。远期市盈率直到2020年8月下旬才攀升至30多岁，就在AAPL在第三季度末大幅调整之前。</blockquote></p><p> All the above, of course, assumes that consensus 2023 EPS of $6.09 remains unchanged. Apple stock could also head to $200, maybe even without any valuation expansion, if the company manages to deliver consensus-beating results in the next few quarters. This could happen as a result of&nbsp;strong iPhone sales in the holiday quarter, for example.</p><p><blockquote>当然，以上所有内容都假设2023年每股收益6.09美元的共识保持不变。如果苹果公司能够在未来几个季度取得超出共识的业绩，即使估值没有任何扩张，该公司的股价也可能升至200美元。例如，这可能是假日季度iPhone销售强劲的结果。</blockquote></p><p> <b>What history says</b></p><p><blockquote><b>历史怎么说</b></blockquote></p><p> History does not always repeat, but it often rhymes. From that point of view, Apple’s 25% climb in 12 months seems a bit more unlikely, considering that AAPL currently sits at an all-time high.</p><p><blockquote>历史并不总是重复，但它往往押韵。从这个角度来看，考虑到AAPL目前正处于历史高位，苹果在12个月内上涨25%的可能性似乎更小。</blockquote></p><p> The Apple Maven has explained&nbsp;that an investment in Apple stock tends to offer the highest return in the following 12 months if shares are bought during a steep drawdown. On average, one-year gains have been nearly 50% when the stock was bought after a 30%-plus decline from the top.</p><p><blockquote>这位苹果专家解释说，如果在大幅下跌期间购买苹果股票，投资其股票往往会在接下来的12个月内获得最高回报。平均而言，当该股从顶部下跌30%以上后买入时，一年的涨幅已接近50%。</blockquote></p><p> Instead, if an investor bought AAPL only at all-time highs since the launch of the first iPhone in 2007 and held shares for exactly one year, his or her average return would have been “only” 19%. Gains of 25% or more, however, have not been all that rare, as the histogram below illustrates.</p><p><blockquote>相反，如果投资者仅在2007年第一部iPhone推出以来的历史高点买入AAPL，并持有股票整整一年，他或她的平均回报率将“仅”为19%。然而，25%或更多的收益并不罕见，如下图所示。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4efda4e69cc836339cb92cc143f3dbab\" tg-width=\"736\" tg-height=\"441\" width=\"100%\" height=\"auto\"><span>Figure 2: Distribution of one-year gains in AAPL from a peak.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图2：AAPL从峰值开始的一年涨幅分布。</span></p></blockquote></p><p> <b>The Apple Maven’s take</b></p><p><blockquote><b>苹果专家的看法</b></blockquote></p><p> I continue to think that AAPL is a great buy-and-hold play at $160 per share. However, earning 25% from an all-time high is no easy feat, even though it has happened before.</p><p><blockquote>我仍然认为AAPL是一个很好的买入并持有股票，每股160美元。然而，从历史高点赚取25%并不是一件容易的事，尽管这种情况以前也发生过。</blockquote></p><p> I would not necessarily count on Apple stock generating stratospheric returns in the next 12 months or so. The odds are against it happening from a peak price, especially after shares managed to produce gains of 140% in the past 24 months alone. But more modest, still market-beating gains are certainly not out of question, considering the robust business fundamentals.</p><p><blockquote>我不一定指望苹果股票在未来12个月左右产生极高的回报。这种情况从峰值价格开始发生的可能性很小，尤其是在股价仅在过去24个月内就上涨了140%之后。但考虑到强劲的商业基本面，更温和、仍跑赢市场的涨幅肯定不是不可能的。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/apple/stock/will-apple-stock-be-up-25-next-year\">TheStreet</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":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/will-apple-stock-be-up-25-next-year","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158359024","content_text":"Apple stock has just made all-time highs, but one Wall Street bull thinks that shares can climb another 25% in the next year. Is this a reasonable expectation?\nApple stock made new all-time highs in November. On Monday, I argued that Apple has become an expert at dominating and reshaping the consumer tech markets in which it operates. In part for this reason, AAPL shares look like a buy to me, even at a historical peak price of $160.\nFigure 1: Apple store in New York, NY.\nThat said, Tigress Financial’s Ivan Feinseth has recentlyseta new Street-high share price target of nearly $200. At those levels, AAPL would present about 25% gain potential over the next 12 months. Is this a reasonable expectation? Might it even be too conservative a number?\nWhat AAPL at $200 means\nFrom a P/E perspective, Apple’s next-year valuation multiple would need to expand to 32.8 times for the stock to climb 25% from here and reach $200 apiece by this time in 2022. For reference, the comparable forward multiple today is only 28.2 times. Forward P/E only climbed well into the 30s recently in late August 2020, moments before AAPL corrected sharply into the end of Q3.\nAll the above, of course, assumes that consensus 2023 EPS of $6.09 remains unchanged. Apple stock could also head to $200, maybe even without any valuation expansion, if the company manages to deliver consensus-beating results in the next few quarters. This could happen as a result of strong iPhone sales in the holiday quarter, for example.\nWhat history says\nHistory does not always repeat, but it often rhymes. From that point of view, Apple’s 25% climb in 12 months seems a bit more unlikely, considering that AAPL currently sits at an all-time high.\nThe Apple Maven has explained that an investment in Apple stock tends to offer the highest return in the following 12 months if shares are bought during a steep drawdown. On average, one-year gains have been nearly 50% when the stock was bought after a 30%-plus decline from the top.\nInstead, if an investor bought AAPL only at all-time highs since the launch of the first iPhone in 2007 and held shares for exactly one year, his or her average return would have been “only” 19%. Gains of 25% or more, however, have not been all that rare, as the histogram below illustrates.\nFigure 2: Distribution of one-year gains in AAPL from a peak.\nThe Apple Maven’s take\nI continue to think that AAPL is a great buy-and-hold play at $160 per share. However, earning 25% from an all-time high is no easy feat, even though it has happened before.\nI would not necessarily count on Apple stock generating stratospheric returns in the next 12 months or so. The odds are against it happening from a peak price, especially after shares managed to produce gains of 140% in the past 24 months alone. But more modest, still market-beating gains are certainly not out of question, considering the robust business fundamentals.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":3963,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874800471,"gmtCreate":1637750877122,"gmtModify":1637750939712,"author":{"id":"3571817046197705","authorId":"3571817046197705","name":"SLJY","avatar":"https://static.tigerbbs.com/257ddaf7c5bdd72d26a8df10ef87527a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571817046197705","idStr":"3571817046197705"},"themes":[],"htmlText":"Thx for Reminding&nbsp;","listText":"Thx for Reminding&nbsp;","text":"Thx for Reminding","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874800471","repostId":"1151702113","repostType":4,"repost":{"id":"1151702113","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":1637559387,"share":"https://www.laohu8.com/m/news/1151702113?lang=zh_CN&edition=full","pubTime":"2021-11-22 13:36","market":"us","language":"en","title":"Reminder: U.S. stocks will be closed on Thursday for Thanksgiving day,and close three hours earlier on Friday<blockquote>提醒：周四美股因感恩节休市，周五提前三小时收盘</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1151702113","media":"Tiger Newspress","summary":"November 25th (this Thursday) is Thanksgiving Day.All financial markets in the United States, includ","content":"<p>November 25th&nbsp;(this&nbsp;Thursday) is Thanksgiving Day.All financial markets in the United States, including U.S. stocks, will be closed for one day.</p><p><blockquote>11月25日（本周四）是感恩节。包括美股在内的美国所有金融市场将休市一天。</blockquote></p><p> On November 26th(this Friday), the Nasdaq and New York Stock Exchange end trading at&nbsp;U.S.&nbsp;Eastern Time&nbsp;1 p.m.(Beijing time/SGT&nbsp;2 am on Saturday),and the trading hours will be 22:30 Beijing time-2:00 the next day.So it will be 3 hours ahead of the regular closing time.</p><p><blockquote>11月26日（本周五），纳斯达克和纽约证券交易所于美国东部时间下午1点（北京时间/SGT周六凌晨2点）结束交易，交易时间为北京时间22:30-次日2:00。所以会比正常关门时间提前3个小时。</blockquote></p><p> Stocks&nbsp;in&nbsp;China,Britain, Australia&nbsp;and Singapore&nbsp;will&nbsp;trade as usual.</p><p><blockquote>中国、英国、澳大利亚和新加坡的股票将照常交易。</blockquote></p><p> <b>Background</b></p><p><blockquote><b>背景</b></blockquote></p><p> Thanksgiving&nbsp;Day&nbsp;is a national&nbsp;holiday&nbsp;celebrated on various dates in the United States, Canada, Grenada, Saint Lucia, and Liberia. It began as a day of giving thanks and sacrifice for the blessing of the&nbsp;harvest&nbsp;and of the preceding year. Similarly named festival holidays occur in Germany and Japan. Thanksgiving&nbsp;Day&nbsp;is celebrated on the&nbsp;second Monday of October&nbsp;in Canada and on the&nbsp;fourth Thursday of November&nbsp;in the United States and around the same part of the year in other places.&nbsp;</p><p><blockquote>感恩节是一个全国性的节日，在美国、加拿大、格林纳达、圣卢西亚和利比里亚的不同日期庆祝。它开始是一个感谢和牺牲丰收和前一年祝福的日子。德国和日本也有类似的节日假期。加拿大在十月的第二个星期一庆祝感恩节，美国在十一月的第四个星期四庆祝感恩节，其他地方在一年中的同一时间庆祝感恩节。</blockquote></p><p> Black Friday&nbsp;is a colloquial term for the Friday following&nbsp;Thanksgiving Day in the United States. Many stores offer highly promoted sales at discounted prices and often open very early, sometimes as early as midnight&nbsp;or even on Thanksgiving Day.</p><p><blockquote>黑色星期五是美国感恩节后星期五的通俗说法。许多商店以折扣价提供高度促销的销售，并且通常很早就开门，有时早到午夜，甚至在感恩节。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/af950d731994581f416aa413e17585d3\" tg-width=\"450\" tg-height=\"281\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></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>Reminder: U.S. stocks will be closed on Thursday for Thanksgiving day,and close three hours earlier on Friday<blockquote>提醒：周四美股因感恩节休市，周五提前三小时收盘</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\">\nReminder: U.S. stocks will be closed on Thursday for Thanksgiving day,and close three hours earlier on Friday<blockquote>提醒：周四美股因感恩节休市，周五提前三小时收盘</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-11-22 13:36</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>November 25th&nbsp;(this&nbsp;Thursday) is Thanksgiving Day.All financial markets in the United States, including U.S. stocks, will be closed for one day.</p><p><blockquote>11月25日（本周四）是感恩节。包括美股在内的美国所有金融市场将休市一天。</blockquote></p><p> On November 26th(this Friday), the Nasdaq and New York Stock Exchange end trading at&nbsp;U.S.&nbsp;Eastern Time&nbsp;1 p.m.(Beijing time/SGT&nbsp;2 am on Saturday),and the trading hours will be 22:30 Beijing time-2:00 the next day.So it will be 3 hours ahead of the regular closing time.</p><p><blockquote>11月26日（本周五），纳斯达克和纽约证券交易所于美国东部时间下午1点（北京时间/SGT周六凌晨2点）结束交易，交易时间为北京时间22:30-次日2:00。所以会比正常关门时间提前3个小时。</blockquote></p><p> Stocks&nbsp;in&nbsp;China,Britain, Australia&nbsp;and Singapore&nbsp;will&nbsp;trade as usual.</p><p><blockquote>中国、英国、澳大利亚和新加坡的股票将照常交易。</blockquote></p><p> <b>Background</b></p><p><blockquote><b>背景</b></blockquote></p><p> Thanksgiving&nbsp;Day&nbsp;is a national&nbsp;holiday&nbsp;celebrated on various dates in the United States, Canada, Grenada, Saint Lucia, and Liberia. It began as a day of giving thanks and sacrifice for the blessing of the&nbsp;harvest&nbsp;and of the preceding year. Similarly named festival holidays occur in Germany and Japan. Thanksgiving&nbsp;Day&nbsp;is celebrated on the&nbsp;second Monday of October&nbsp;in Canada and on the&nbsp;fourth Thursday of November&nbsp;in the United States and around the same part of the year in other places.&nbsp;</p><p><blockquote>感恩节是一个全国性的节日，在美国、加拿大、格林纳达、圣卢西亚和利比里亚的不同日期庆祝。它开始是一个感谢和牺牲丰收和前一年祝福的日子。德国和日本也有类似的节日假期。加拿大在十月的第二个星期一庆祝感恩节，美国在十一月的第四个星期四庆祝感恩节，其他地方在一年中的同一时间庆祝感恩节。</blockquote></p><p> Black Friday&nbsp;is a colloquial term for the Friday following&nbsp;Thanksgiving Day in the United States. Many stores offer highly promoted sales at discounted prices and often open very early, sometimes as early as midnight&nbsp;or even on Thanksgiving Day.</p><p><blockquote>黑色星期五是美国感恩节后星期五的通俗说法。许多商店以折扣价提供高度促销的销售，并且通常很早就开门，有时早到午夜，甚至在感恩节。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/af950d731994581f416aa413e17585d3\" tg-width=\"450\" tg-height=\"281\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151702113","content_text":"November 25th (this Thursday) is Thanksgiving Day.All financial markets in the United States, including U.S. stocks, will be closed for one day.\nOn November 26th(this Friday), the Nasdaq and New York Stock Exchange end trading at U.S. Eastern Time 1 p.m.(Beijing time/SGT 2 am on Saturday),and the trading hours will be 22:30 Beijing time-2:00 the next day.So it will be 3 hours ahead of the regular closing time.\nStocks in China,Britain, Australia and Singapore will trade as usual.\nBackground\nThanksgiving Day is a national holiday celebrated on various dates in the United States, Canada, Grenada, Saint Lucia, and Liberia. It began as a day of giving thanks and sacrifice for the blessing of the harvest and of the preceding year. Similarly named festival holidays occur in Germany and Japan. Thanksgiving Day is celebrated on the second Monday of October in Canada and on the fourth Thursday of November in the United States and around the same part of the year in other places. \nBlack Friday is a colloquial term for the Friday following Thanksgiving Day in the United States. Many stores offer highly promoted sales at discounted prices and often open very early, sometimes as early as midnight or even on Thanksgiving Day.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":3693,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879494122,"gmtCreate":1636761173221,"gmtModify":1636761173221,"author":{"id":"3571817046197705","authorId":"3571817046197705","name":"SLJY","avatar":"https://static.tigerbbs.com/257ddaf7c5bdd72d26a8df10ef87527a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571817046197705","idStr":"3571817046197705"},"themes":[],"htmlText":"我在瑟瑟发抖， 却不能抽身。&nbsp;","listText":"我在瑟瑟发抖， 却不能抽身。&nbsp;","text":"我在瑟瑟发抖， 却不能抽身。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879494122","repostId":"2182071013","repostType":4,"repost":{"id":"2182071013","kind":"highlight","pubTimestamp":1636759045,"share":"https://www.laohu8.com/m/news/2182071013?lang=zh_CN&edition=full","pubTime":"2021-11-13 07:17","market":"us","language":"en","title":"Doubting that we could be in a stock-market bubble? Here's the chart you need to see.<blockquote>怀疑我们可能处于股市泡沫中？这是你需要看的图表。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2182071013","media":"MarketWatch","summary":"A shocking week on the inflation front has left a dent in stocks, with major indexes set to deliver ","content":"<p>A shocking week on the inflation front has left a dent in stocks, with major indexes set to deliver 1%-plus losses across the board. That’s even as some Wall Street strategists see little blocking further stock gains or that frequent year-end melt-up.</p><p><blockquote>通胀方面令人震惊的一周导致股市下跌，主要股指将全线下跌1%以上。尽管一些华尔街策略师认为几乎没有什么可以阻止股市进一步上涨或年底频繁的熔化。</blockquote></p><p> Yet the worry festers, such as for Nicolai Tangen, the manager of Norways’ $1.4 trillion sovereign-wealth fund, the biggest money pot in the world.</p><p><blockquote>然而，对挪威1.4万亿美元主权财富基金经理尼古拉·坦根（Nicolai Tangen）来说，这种担忧越来越严重，该基金是世界上最大的资金池。</blockquote></p><p> “We’re looking at the degree of euphoria. With markets really panicky last year, we have entered a very euphoric phase, and we just need to consistently gauge the levels of euphoria,” Tangen said in a recent interview with Devin Banerjee, editor at large, business and finance for LinkedIn.</p><p><blockquote>“我们正在关注兴奋程度。由于去年市场非常恐慌，我们已经进入了一个非常兴奋的阶段，我们只需要持续衡量兴奋程度，”Tangen在最近接受编辑Devin Banerjee采访时表示。LinkedIn的商业和金融。</blockquote></p><p> “And then, of course, the real threat is inflation. If inflation really takes off, that’s going to be bad news both for our bond portfolio and for the equity portfolio. So, that’s where we have the laser focus,” added Tangen.</p><p><blockquote>“然后，当然，真正的威胁是通胀。如果通胀真的起飞，这对我们的债券投资组合和股票投资组合来说都是坏消息。所以，这就是我们激光聚焦的地方，”Tangen补充道。</blockquote></p><p> It’s a reminder that what some see as heady times for stocks aren’t going unnoticed.</p><p><blockquote>这提醒人们，一些人认为的股市令人兴奋的时期并没有被忽视。</blockquote></p><p> That brings us to our <b>call of the day</b> from Michael O’Rourke, chief market strategist at JonesTrading, who falls into that camp with his latest note entitled “In case there are bubble doubts.”</p><p><blockquote>这让我们想到了我们的<b>今日看涨期权</b>JonesTrading首席市场策略师迈克尔·奥罗克(Michael O’Rourke)就属于这一阵营，他的最新报告题为《以防出现泡沫疑虑》。</blockquote></p><p> He writes: “Since the U.S. financial markets have achieved new levels of insanity, we want to make sure we document this moment in time for posterity’s sake. Apparently, we have not learned anything from the Equity, Housing and Credit bubbles that occurred between 1999 and 2008.</p><p><blockquote>他写道：“由于美国金融市场已经达到了新的疯狂水平，为了子孙后代，我们希望确保及时记录这一时刻。显然，我们没有从1999年至2008年间发生的股票、房地产和信贷泡沫中学到任何东西。</blockquote></p><p> “It can’t be any clearer than the fact that the S&amp;P 500’s market capitalization is 177% of U.S. GDP,” adds O’Rourke, who provides this chart:</p><p><blockquote>提供这张图表的奥罗克补充道：“标普500的市值占美国GDP的177%，这一事实再清楚不过了。”</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a5dfce87383926286f5e338e535810e6\" tg-width=\"700\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>JonesTrading/Bloomberg</span></p><p><blockquote><p class=\"t-img-caption\"><span>琼斯交易/彭博社</span></p></blockquote></p><p> During the 2000 tech bubble, the S&amp;P 500’s market capitalization peaked at 121% of nominal gross domestic product, he says.</p><p><blockquote>他表示，在2000年科技泡沫期间，标普500的市值达到峰值，达到名义国内生产总值的121%。</blockquote></p><p> “That should paint a stark picture as to how expensive today’s market is relative to the last generational equity bubble,” says O’Rourke, who adds that the current level is also double the average reading of the past three decades and triple the valuation where the S&amp;P 500 bottomed during the 2008-09 financial crisis.</p><p><blockquote>奥罗克表示：“这应该描绘出当今市场相对于上一代股票泡沫的昂贵程度。”他补充说，目前的水平也是过去三十年平均水平的两倍，是估值的三倍。2008-09年金融危机期间标普500触底的地方。</blockquote></p><p> “Even with the greater inflationary bump to Nominal GDP, it would need to grow at 8% for a decade to return to the historic market cap to GDP average,” he says.</p><p><blockquote>他表示：“即使通胀对名义GDP的影响更大，它也需要在十年内以8%的速度增长才能恢复到历史市值与GDP平均水平。”</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8fb8a4b1f1bfec5d4e8585b0e47fd9d8\" tg-width=\"700\" tg-height=\"386\" referrerpolicy=\"no-referrer\"><span>JonesTrading/Bloomberg</span></p><p><blockquote><p class=\"t-img-caption\"><span>琼斯交易/彭博社</span></p></blockquote></p><p> “The $3 trillion in crypto (whose only purpose appears to be speculation) is a&nbsp;clear illustration of an environment that knows no fear. Nonetheless, we are&nbsp;among the few who fear a 50% S&amp;P 500 valuation drop that would bring the&nbsp;index’s market capitalization back in line with its average historic relationship&nbsp;to GDP,” he says.</p><p><blockquote>“价值3万亿美元的加密货币（其唯一目的似乎是投机）清楚地说明了一个无所畏惧的环境。尽管如此，我们是少数几个担心标普500估值下跌50%的人之一，这将使该指数的市值回归符合其与GDP的平均历史关系，”他说。</blockquote></p><p> O’Rourke reminds of us a “painful” 80% decline for the Nasdaq Composite between March 2000 and October 2002. “Just think, the broad tape is 50% more expensive today than March 2000,” he says.</p><p><blockquote>奥罗克提醒我们，2000年3月至2002年10月期间，纳斯达克综合指数“痛苦地”下跌了80%。“想想看，今天的宽带比2000年3月贵了50%，”他说。</blockquote></p><p> Back then, Amazon&nbsp;was a top internet company and highly regarded stock, but shares still slumped 95% between December 1999 and September 2001, he says.</p><p><blockquote>他说，当时，亚马逊是一家顶级互联网公司和备受推崇的股票，但1999年12月至2001年9月期间，其股价仍下跌了95%。</blockquote></p><p> The strategist goes on to point the finger at the Federal Reserve and other central banks for propping up markets. “Today, the world is no better than the one two decades ago, and it is arguably worse. It is simply that these extra trillions of dollars having entered the economy in a short period of time provide the pretense of a special time meriting unsustainable valuations,” he says.</p><p><blockquote>这位策略师继续指责美联储和其他央行支撑市场。“今天的世界并不比二十年前更好，甚至可以说更糟。很简单，这些在短时间内进入经济的额外数万亿美元提供了一个特殊时期的借口，值得不可持续的估值，”他说。</blockquote></p><p></p>","source":"lsy1603348471595","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>Doubting that we could be in a stock-market bubble? Here's the chart you need to see.<blockquote>怀疑我们可能处于股市泡沫中？这是你需要看的图表。</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\">\nDoubting that we could be in a stock-market bubble? Here's the chart you need to see.<blockquote>怀疑我们可能处于股市泡沫中？这是你需要看的图表。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-11-13 07:17</span>\n</p>\n</h4>\n</header>\n<article>\n<p>A shocking week on the inflation front has left a dent in stocks, with major indexes set to deliver 1%-plus losses across the board. That’s even as some Wall Street strategists see little blocking further stock gains or that frequent year-end melt-up.</p><p><blockquote>通胀方面令人震惊的一周导致股市下跌，主要股指将全线下跌1%以上。尽管一些华尔街策略师认为几乎没有什么可以阻止股市进一步上涨或年底频繁的熔化。</blockquote></p><p> Yet the worry festers, such as for Nicolai Tangen, the manager of Norways’ $1.4 trillion sovereign-wealth fund, the biggest money pot in the world.</p><p><blockquote>然而，对挪威1.4万亿美元主权财富基金经理尼古拉·坦根（Nicolai Tangen）来说，这种担忧越来越严重，该基金是世界上最大的资金池。</blockquote></p><p> “We’re looking at the degree of euphoria. With markets really panicky last year, we have entered a very euphoric phase, and we just need to consistently gauge the levels of euphoria,” Tangen said in a recent interview with Devin Banerjee, editor at large, business and finance for LinkedIn.</p><p><blockquote>“我们正在关注兴奋程度。由于去年市场非常恐慌，我们已经进入了一个非常兴奋的阶段，我们只需要持续衡量兴奋程度，”Tangen在最近接受编辑Devin Banerjee采访时表示。LinkedIn的商业和金融。</blockquote></p><p> “And then, of course, the real threat is inflation. If inflation really takes off, that’s going to be bad news both for our bond portfolio and for the equity portfolio. So, that’s where we have the laser focus,” added Tangen.</p><p><blockquote>“然后，当然，真正的威胁是通胀。如果通胀真的起飞，这对我们的债券投资组合和股票投资组合来说都是坏消息。所以，这就是我们激光聚焦的地方，”Tangen补充道。</blockquote></p><p> It’s a reminder that what some see as heady times for stocks aren’t going unnoticed.</p><p><blockquote>这提醒人们，一些人认为的股市令人兴奋的时期并没有被忽视。</blockquote></p><p> That brings us to our <b>call of the day</b> from Michael O’Rourke, chief market strategist at JonesTrading, who falls into that camp with his latest note entitled “In case there are bubble doubts.”</p><p><blockquote>这让我们想到了我们的<b>今日看涨期权</b>JonesTrading首席市场策略师迈克尔·奥罗克(Michael O’Rourke)就属于这一阵营，他的最新报告题为《以防出现泡沫疑虑》。</blockquote></p><p> He writes: “Since the U.S. financial markets have achieved new levels of insanity, we want to make sure we document this moment in time for posterity’s sake. Apparently, we have not learned anything from the Equity, Housing and Credit bubbles that occurred between 1999 and 2008.</p><p><blockquote>他写道：“由于美国金融市场已经达到了新的疯狂水平，为了子孙后代，我们希望确保及时记录这一时刻。显然，我们没有从1999年至2008年间发生的股票、房地产和信贷泡沫中学到任何东西。</blockquote></p><p> “It can’t be any clearer than the fact that the S&amp;P 500’s market capitalization is 177% of U.S. GDP,” adds O’Rourke, who provides this chart:</p><p><blockquote>提供这张图表的奥罗克补充道：“标普500的市值占美国GDP的177%，这一事实再清楚不过了。”</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a5dfce87383926286f5e338e535810e6\" tg-width=\"700\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>JonesTrading/Bloomberg</span></p><p><blockquote><p class=\"t-img-caption\"><span>琼斯交易/彭博社</span></p></blockquote></p><p> During the 2000 tech bubble, the S&amp;P 500’s market capitalization peaked at 121% of nominal gross domestic product, he says.</p><p><blockquote>他表示，在2000年科技泡沫期间，标普500的市值达到峰值，达到名义国内生产总值的121%。</blockquote></p><p> “That should paint a stark picture as to how expensive today’s market is relative to the last generational equity bubble,” says O’Rourke, who adds that the current level is also double the average reading of the past three decades and triple the valuation where the S&amp;P 500 bottomed during the 2008-09 financial crisis.</p><p><blockquote>奥罗克表示：“这应该描绘出当今市场相对于上一代股票泡沫的昂贵程度。”他补充说，目前的水平也是过去三十年平均水平的两倍，是估值的三倍。2008-09年金融危机期间标普500触底的地方。</blockquote></p><p> “Even with the greater inflationary bump to Nominal GDP, it would need to grow at 8% for a decade to return to the historic market cap to GDP average,” he says.</p><p><blockquote>他表示：“即使通胀对名义GDP的影响更大，它也需要在十年内以8%的速度增长才能恢复到历史市值与GDP平均水平。”</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8fb8a4b1f1bfec5d4e8585b0e47fd9d8\" tg-width=\"700\" tg-height=\"386\" referrerpolicy=\"no-referrer\"><span>JonesTrading/Bloomberg</span></p><p><blockquote><p class=\"t-img-caption\"><span>琼斯交易/彭博社</span></p></blockquote></p><p> “The $3 trillion in crypto (whose only purpose appears to be speculation) is a&nbsp;clear illustration of an environment that knows no fear. Nonetheless, we are&nbsp;among the few who fear a 50% S&amp;P 500 valuation drop that would bring the&nbsp;index’s market capitalization back in line with its average historic relationship&nbsp;to GDP,” he says.</p><p><blockquote>“价值3万亿美元的加密货币（其唯一目的似乎是投机）清楚地说明了一个无所畏惧的环境。尽管如此，我们是少数几个担心标普500估值下跌50%的人之一，这将使该指数的市值回归符合其与GDP的平均历史关系，”他说。</blockquote></p><p> O’Rourke reminds of us a “painful” 80% decline for the Nasdaq Composite between March 2000 and October 2002. “Just think, the broad tape is 50% more expensive today than March 2000,” he says.</p><p><blockquote>奥罗克提醒我们，2000年3月至2002年10月期间，纳斯达克综合指数“痛苦地”下跌了80%。“想想看，今天的宽带比2000年3月贵了50%，”他说。</blockquote></p><p> Back then, Amazon&nbsp;was a top internet company and highly regarded stock, but shares still slumped 95% between December 1999 and September 2001, he says.</p><p><blockquote>他说，当时，亚马逊是一家顶级互联网公司和备受推崇的股票，但1999年12月至2001年9月期间，其股价仍下跌了95%。</blockquote></p><p> The strategist goes on to point the finger at the Federal Reserve and other central banks for propping up markets. “Today, the world is no better than the one two decades ago, and it is arguably worse. It is simply that these extra trillions of dollars having entered the economy in a short period of time provide the pretense of a special time meriting unsustainable valuations,” he says.</p><p><blockquote>这位策略师继续指责美联储和其他央行支撑市场。“今天的世界并不比二十年前更好，甚至可以说更糟。很简单，这些在短时间内进入经济的额外数万亿美元提供了一个特殊时期的借口，值得不可持续的估值，”他说。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/doubting-that-we-could-be-in-a-stock-market-bubble-heres-the-chart-you-need-to-see-11636719571?mod=home-page\">MarketWatch</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":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/doubting-that-we-could-be-in-a-stock-market-bubble-heres-the-chart-you-need-to-see-11636719571?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2182071013","content_text":"A shocking week on the inflation front has left a dent in stocks, with major indexes set to deliver 1%-plus losses across the board. That’s even as some Wall Street strategists see little blocking further stock gains or that frequent year-end melt-up.\nYet the worry festers, such as for Nicolai Tangen, the manager of Norways’ $1.4 trillion sovereign-wealth fund, the biggest money pot in the world.\n“We’re looking at the degree of euphoria. With markets really panicky last year, we have entered a very euphoric phase, and we just need to consistently gauge the levels of euphoria,” Tangen said in a recent interview with Devin Banerjee, editor at large, business and finance for LinkedIn.\n“And then, of course, the real threat is inflation. If inflation really takes off, that’s going to be bad news both for our bond portfolio and for the equity portfolio. So, that’s where we have the laser focus,” added Tangen.\nIt’s a reminder that what some see as heady times for stocks aren’t going unnoticed.\nThat brings us to our call of the day from Michael O’Rourke, chief market strategist at JonesTrading, who falls into that camp with his latest note entitled “In case there are bubble doubts.”\nHe writes: “Since the U.S. financial markets have achieved new levels of insanity, we want to make sure we document this moment in time for posterity’s sake. Apparently, we have not learned anything from the Equity, Housing and Credit bubbles that occurred between 1999 and 2008.\n“It can’t be any clearer than the fact that the S&P 500’s market capitalization is 177% of U.S. GDP,” adds O’Rourke, who provides this chart:\nJonesTrading/Bloomberg\nDuring the 2000 tech bubble, the S&P 500’s market capitalization peaked at 121% of nominal gross domestic product, he says.\n“That should paint a stark picture as to how expensive today’s market is relative to the last generational equity bubble,” says O’Rourke, who adds that the current level is also double the average reading of the past three decades and triple the valuation where the S&P 500 bottomed during the 2008-09 financial crisis.\n“Even with the greater inflationary bump to Nominal GDP, it would need to grow at 8% for a decade to return to the historic market cap to GDP average,” he says.\nJonesTrading/Bloomberg\n“The $3 trillion in crypto (whose only purpose appears to be speculation) is a clear illustration of an environment that knows no fear. Nonetheless, we are among the few who fear a 50% S&P 500 valuation drop that would bring the index’s market capitalization back in line with its average historic relationship to GDP,” he says.\nO’Rourke reminds of us a “painful” 80% decline for the Nasdaq Composite between March 2000 and October 2002. “Just think, the broad tape is 50% more expensive today than March 2000,” he says.\nBack then, Amazon was a top internet company and highly regarded stock, but shares still slumped 95% between December 1999 and September 2001, he says.\nThe strategist goes on to point the finger at the Federal Reserve and other central banks for propping up markets. “Today, the world is no better than the one two decades ago, and it is arguably worse. It is simply that these extra trillions of dollars having entered the economy in a short period of time provide the pretense of a special time meriting unsustainable valuations,” he says.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":3969,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879499459,"gmtCreate":1636760443781,"gmtModify":1636760443781,"author":{"id":"3571817046197705","authorId":"3571817046197705","name":"SLJY","avatar":"https://static.tigerbbs.com/257ddaf7c5bdd72d26a8df10ef87527a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571817046197705","idStr":"3571817046197705"},"themes":[],"htmlText":"什么时候掉到我买得起的价钱？","listText":"什么时候掉到我买得起的价钱？","text":"什么时候掉到我买得起的价钱？","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/879499459","repostId":"1139324750","repostType":4,"repost":{"id":"1139324750","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":1636729318,"share":"https://www.laohu8.com/m/news/1139324750?lang=zh_CN&edition=full","pubTime":"2021-11-12 23:01","market":"us","language":"en","title":"Nvidia shares fell nearly 2% in morning trading<blockquote>英伟达股价早盘下跌近2%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1139324750","media":"Tiger Newspress","summary":"Nvidia shares fell nearly 2% in morning trading.Wedbush analyst Matt Bryson downgraded NVIDIA Corp t","content":"<p>Nvidia&nbsp;shares&nbsp;fell&nbsp;nearly&nbsp;2%&nbsp;in&nbsp;morning&nbsp;trading.<img src=\"https://static.tigerbbs.com/11eee16e740f662501f2bc3de305f18c\" tg-width=\"871\" tg-height=\"618\" width=\"100%\" height=\"auto\"><b>Wedbush</b>&nbsp;analyst Matt Bryson downgraded&nbsp;<b>NVIDIA Corp</b>&nbsp;to Neutral from&nbsp;Outperform with a price target of $300, up from $220.</p><p><blockquote>英伟达股价早盘下跌近2%。<b>韦德布什</b>分析师马特·布赖森下调评级<b>英伟达公司</b>从跑赢大盘调整为中性，目标价从220美元上调至300美元。</blockquote></p><p> The analyst cites valuation for the downgrade, with the shares trading at 55 times his 2024 numbers.</p><p><blockquote>该分析师引用了此次降级的估值，该股的交易价格是2024年股价的55倍。</blockquote></p><p> He would have to lift the multiple to 67x to justify Outperform, suggesting Nvidia valued at ~7X its stated 2024 TAM and ~25X sales. Conversely, he would have to double his sales growth assumptions (from ~20% to ~40%) over the next couple of years to continue to use a 40X multiple to value Nvidia.</p><p><blockquote>他必须将市盈率提高到67倍才能证明跑赢大盘的合理性，这表明Nvidia的估值约为其2024年TAM的7倍，销售额约为25倍。相反，他必须在未来几年内将销售增长假设翻倍（从约20%增加到约40%），才能继续使用40倍的倍数来评估Nvidia的估值。</blockquote></p><p> However, Bryson believes the combination of \"unprecedented demand\" for both data center and client offerings will allow Nvidia to exceed expectations again next week when its reports.</p><p><blockquote>然而，布赖森认为，对数据中心和客户端产品的“前所未有的需求”将使英伟达在下周发布报告时再次超出预期。</blockquote></p><p> Nvidia's continued work in building out its AI software will further solidify its AI leadership.</p><p><blockquote>英伟达在构建人工智能软件方面的持续工作将进一步巩固其人工智能领导地位。</blockquote></p><p> Client GPUs have again become difficult to source, helped by a combination of solid gaming demand and crypto mining requirements.</p><p><blockquote>在稳定的游戏需求和加密挖掘需求的共同帮助下，客户端GPU再次变得难以采购。</blockquote></p><p> New opportunities, particularly the Metaverse and its graphics-intensive requirements, have started to realize the increased investment.</p><p><blockquote>新的机会，特别是元宇宙及其图形密集型需求，已经开始实现投资的增加。</blockquote></p><p> He sees no \"negative catalyst\" for the stock and improving fundamentals for Nvidia but downgrades the shares on valuation.</p><p><blockquote>他认为该股没有“负面催化剂”，英伟达的基本面也没有改善，但根据估值下调了该股的评级。</blockquote></p><p></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>Nvidia shares fell nearly 2% in morning trading<blockquote>英伟达股价早盘下跌近2%</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; 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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\">\nNvidia shares fell nearly 2% in morning trading<blockquote>英伟达股价早盘下跌近2%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-11-12 23:01</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Nvidia&nbsp;shares&nbsp;fell&nbsp;nearly&nbsp;2%&nbsp;in&nbsp;morning&nbsp;trading.<img src=\"https://static.tigerbbs.com/11eee16e740f662501f2bc3de305f18c\" tg-width=\"871\" tg-height=\"618\" width=\"100%\" height=\"auto\"><b>Wedbush</b>&nbsp;analyst Matt Bryson downgraded&nbsp;<b>NVIDIA Corp</b>&nbsp;to Neutral from&nbsp;Outperform with a price target of $300, up from $220.</p><p><blockquote>英伟达股价早盘下跌近2%。<b>韦德布什</b>分析师马特·布赖森下调评级<b>英伟达公司</b>从跑赢大盘调整为中性，目标价从220美元上调至300美元。</blockquote></p><p> The analyst cites valuation for the downgrade, with the shares trading at 55 times his 2024 numbers.</p><p><blockquote>该分析师引用了此次降级的估值，该股的交易价格是2024年股价的55倍。</blockquote></p><p> He would have to lift the multiple to 67x to justify Outperform, suggesting Nvidia valued at ~7X its stated 2024 TAM and ~25X sales. Conversely, he would have to double his sales growth assumptions (from ~20% to ~40%) over the next couple of years to continue to use a 40X multiple to value Nvidia.</p><p><blockquote>他必须将市盈率提高到67倍才能证明跑赢大盘的合理性，这表明Nvidia的估值约为其2024年TAM的7倍，销售额约为25倍。相反，他必须在未来几年内将销售增长假设翻倍（从约20%增加到约40%），才能继续使用40倍的倍数来评估Nvidia的估值。</blockquote></p><p> However, Bryson believes the combination of \"unprecedented demand\" for both data center and client offerings will allow Nvidia to exceed expectations again next week when its reports.</p><p><blockquote>然而，布赖森认为，对数据中心和客户端产品的“前所未有的需求”将使英伟达在下周发布报告时再次超出预期。</blockquote></p><p> Nvidia's continued work in building out its AI software will further solidify its AI leadership.</p><p><blockquote>英伟达在构建人工智能软件方面的持续工作将进一步巩固其人工智能领导地位。</blockquote></p><p> Client GPUs have again become difficult to source, helped by a combination of solid gaming demand and crypto mining requirements.</p><p><blockquote>在稳定的游戏需求和加密挖掘需求的共同帮助下，客户端GPU再次变得难以采购。</blockquote></p><p> New opportunities, particularly the Metaverse and its graphics-intensive requirements, have started to realize the increased investment.</p><p><blockquote>新的机会，特别是元宇宙及其图形密集型需求，已经开始实现投资的增加。</blockquote></p><p> He sees no \"negative catalyst\" for the stock and improving fundamentals for Nvidia but downgrades the shares on valuation.</p><p><blockquote>他认为该股没有“负面催化剂”，英伟达的基本面也没有改善，但根据估值下调了该股的评级。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139324750","content_text":"Nvidia shares fell nearly 2% in morning trading.Wedbush analyst Matt Bryson downgraded NVIDIA Corp to Neutral from Outperform with a price target of $300, up from $220.\nThe analyst cites valuation for the downgrade, with the shares trading at 55 times his 2024 numbers.\nHe would have to lift the multiple to 67x to justify Outperform, suggesting Nvidia valued at ~7X its stated 2024 TAM and ~25X sales. Conversely, he would have to double his sales growth assumptions (from ~20% to ~40%) over the next couple of years to continue to use a 40X multiple to value Nvidia.\nHowever, Bryson believes the combination of \"unprecedented demand\" for both data center and client offerings will allow Nvidia to exceed expectations again next week when its reports.\nNvidia's continued work in building out its AI software will further solidify its AI leadership.\nClient GPUs have again become difficult to source, helped by a combination of solid gaming demand and crypto mining requirements.\nNew opportunities, particularly the Metaverse and its graphics-intensive requirements, have started to realize the increased investment.\nHe sees no \"negative catalyst\" for the stock and improving fundamentals for Nvidia but downgrades the shares on valuation.","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":3916,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879920434,"gmtCreate":1636677500589,"gmtModify":1636677532374,"author":{"id":"3571817046197705","authorId":"3571817046197705","name":"SLJY","avatar":"https://static.tigerbbs.com/257ddaf7c5bdd72d26a8df10ef87527a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571817046197705","idStr":"3571817046197705"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PYPL\">$PayPal(PYPL)$</a>&nbsp;, 手太快了。 心在流血","listText":"<a href=\"https://laohu8.com/S/PYPL\">$PayPal(PYPL)$</a>&nbsp;, 手太快了。 心在流血","text":"$PayPal(PYPL)$ , 手太快了。 心在流血","images":[{"img":"https://static.tigerbbs.com/7c464073314620cff6df448e14b94e06","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/879920434","isVote":1,"tweetType":1,"viewCount":2695,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":870944774,"gmtCreate":1636584842389,"gmtModify":1636584842454,"author":{"id":"3571817046197705","authorId":"3571817046197705","name":"SLJY","avatar":"https://static.tigerbbs.com/257ddaf7c5bdd72d26a8df10ef87527a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571817046197705","idStr":"3571817046197705"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BIGC\">$BigCommerce Holdings(BIGC)$</a>&nbsp;过山车？！我会再回来的。&nbsp;","listText":"<a href=\"https://laohu8.com/S/BIGC\">$BigCommerce Holdings(BIGC)$</a>&nbsp;过山车？！我会再回来的。&nbsp;","text":"$BigCommerce Holdings(BIGC)$ 过山车？！我会再回来的。","images":[{"img":"https://static.tigerbbs.com/5013282bdfcd5569f7620728c5332172","width":"1080","height":"2528"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/870944774","isVote":1,"tweetType":1,"viewCount":4039,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":847117566,"gmtCreate":1636501232972,"gmtModify":1636501256246,"author":{"id":"3571817046197705","authorId":"3571817046197705","name":"SLJY","avatar":"https://static.tigerbbs.com/257ddaf7c5bdd72d26a8df10ef87527a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571817046197705","idStr":"3571817046197705"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BIGC\">$BigCommerce Holdings(BIGC)$</a>该卖了吗？","listText":"<a href=\"https://laohu8.com/S/BIGC\">$BigCommerce Holdings(BIGC)$</a>该卖了吗？","text":"$BigCommerce 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Of course I'm looking forward for the raise","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/816263105","isVote":1,"tweetType":1,"viewCount":3418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":381089721,"gmtCreate":1612913326663,"gmtModify":1703766799689,"author":{"id":"3571817046197705","authorId":"3571817046197705","name":"SLJY","avatar":"https://static.tigerbbs.com/257ddaf7c5bdd72d26a8df10ef87527a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571817046197705","idStr":"3571817046197705"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BLSP\">$Blue Sphere Corp.(BLSP)$</a>&nbsp;I take the spaceship by accident&nbsp;[龇牙]&nbsp;[龇牙]&nbsp;","listText":"<a href=\"https://laohu8.com/S/BLSP\">$Blue Sphere Corp.(BLSP)$</a>&nbsp;I take the spaceship by accident&nbsp;[龇牙]&nbsp;[龇牙]&nbsp;","text":"$Blue Sphere Corp.(BLSP)$ I take the spaceship by accident [龇牙] [龇牙]","images":[{"img":"https://static.tigerbbs.com/861401bf742d9eec1c7da53f9af916f1","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/381089721","isVote":1,"tweetType":1,"viewCount":3644,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":381080793,"gmtCreate":1612913212112,"gmtModify":1703766798312,"author":{"id":"3571817046197705","authorId":"3571817046197705","name":"SLJY","avatar":"https://static.tigerbbs.com/257ddaf7c5bdd72d26a8df10ef87527a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571817046197705","idStr":"3571817046197705"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/RIOT\">$Riot Blockchain, Inc.(RIOT)$</a>有眼光","listText":"<a href=\"https://laohu8.com/S/RIOT\">$Riot Blockchain, Inc.(RIOT)$</a>有眼光","text":"$Riot Blockchain, Inc.(RIOT)$有眼光","images":[{"img":"https://static.tigerbbs.com/102e7df2aff13658666c23cf396409b4","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/381080793","isVote":1,"tweetType":1,"viewCount":1458,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":381080899,"gmtCreate":1612913151611,"gmtModify":1703766797277,"author":{"id":"3571817046197705","authorId":"3571817046197705","name":"SLJY","avatar":"https://static.tigerbbs.com/257ddaf7c5bdd72d26a8df10ef87527a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571817046197705","idStr":"3571817046197705"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/RIOT\">$Riot Blockchain, Inc.(RIOT)$</a>&nbsp;有眼光","listText":"<a href=\"https://laohu8.com/S/RIOT\">$Riot Blockchain, Inc.(RIOT)$</a>&nbsp;有眼光","text":"$Riot Blockchain, Inc.(RIOT)$ 有眼光","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/381080899","isVote":1,"tweetType":1,"viewCount":775,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":879499459,"gmtCreate":1636760443781,"gmtModify":1636760443781,"author":{"id":"3571817046197705","authorId":"3571817046197705","name":"SLJY","avatar":"https://static.tigerbbs.com/257ddaf7c5bdd72d26a8df10ef87527a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571817046197705","idStr":"3571817046197705"},"themes":[],"htmlText":"什么时候掉到我买得起的价钱？","listText":"什么时候掉到我买得起的价钱？","text":"什么时候掉到我买得起的价钱？","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/879499459","repostId":"1139324750","repostType":4,"repost":{"id":"1139324750","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":1636729318,"share":"https://www.laohu8.com/m/news/1139324750?lang=zh_CN&edition=full","pubTime":"2021-11-12 23:01","market":"us","language":"en","title":"Nvidia shares fell nearly 2% in morning trading<blockquote>英伟达股价早盘下跌近2%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1139324750","media":"Tiger Newspress","summary":"Nvidia shares fell nearly 2% in morning trading.Wedbush analyst Matt Bryson downgraded NVIDIA Corp t","content":"<p>Nvidia&nbsp;shares&nbsp;fell&nbsp;nearly&nbsp;2%&nbsp;in&nbsp;morning&nbsp;trading.<img src=\"https://static.tigerbbs.com/11eee16e740f662501f2bc3de305f18c\" tg-width=\"871\" tg-height=\"618\" width=\"100%\" height=\"auto\"><b>Wedbush</b>&nbsp;analyst Matt Bryson downgraded&nbsp;<b>NVIDIA Corp</b>&nbsp;to Neutral from&nbsp;Outperform with a price target of $300, up from $220.</p><p><blockquote>英伟达股价早盘下跌近2%。<b>韦德布什</b>分析师马特·布赖森下调评级<b>英伟达公司</b>从跑赢大盘调整为中性，目标价从220美元上调至300美元。</blockquote></p><p> The analyst cites valuation for the downgrade, with the shares trading at 55 times his 2024 numbers.</p><p><blockquote>该分析师引用了此次降级的估值，该股的交易价格是2024年股价的55倍。</blockquote></p><p> He would have to lift the multiple to 67x to justify Outperform, suggesting Nvidia valued at ~7X its stated 2024 TAM and ~25X sales. Conversely, he would have to double his sales growth assumptions (from ~20% to ~40%) over the next couple of years to continue to use a 40X multiple to value Nvidia.</p><p><blockquote>他必须将市盈率提高到67倍才能证明跑赢大盘的合理性，这表明Nvidia的估值约为其2024年TAM的7倍，销售额约为25倍。相反，他必须在未来几年内将销售增长假设翻倍（从约20%增加到约40%），才能继续使用40倍的倍数来评估Nvidia的估值。</blockquote></p><p> However, Bryson believes the combination of \"unprecedented demand\" for both data center and client offerings will allow Nvidia to exceed expectations again next week when its reports.</p><p><blockquote>然而，布赖森认为，对数据中心和客户端产品的“前所未有的需求”将使英伟达在下周发布报告时再次超出预期。</blockquote></p><p> Nvidia's continued work in building out its AI software will further solidify its AI leadership.</p><p><blockquote>英伟达在构建人工智能软件方面的持续工作将进一步巩固其人工智能领导地位。</blockquote></p><p> Client GPUs have again become difficult to source, helped by a combination of solid gaming demand and crypto mining requirements.</p><p><blockquote>在稳定的游戏需求和加密挖掘需求的共同帮助下，客户端GPU再次变得难以采购。</blockquote></p><p> New opportunities, particularly the Metaverse and its graphics-intensive requirements, have started to realize the increased investment.</p><p><blockquote>新的机会，特别是元宇宙及其图形密集型需求，已经开始实现投资的增加。</blockquote></p><p> He sees no \"negative catalyst\" for the stock and improving fundamentals for Nvidia but downgrades the shares on valuation.</p><p><blockquote>他认为该股没有“负面催化剂”，英伟达的基本面也没有改善，但根据估值下调了该股的评级。</blockquote></p><p></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>Nvidia shares fell nearly 2% in morning trading<blockquote>英伟达股价早盘下跌近2%</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; 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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\">\nNvidia shares fell nearly 2% in morning trading<blockquote>英伟达股价早盘下跌近2%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-11-12 23:01</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Nvidia&nbsp;shares&nbsp;fell&nbsp;nearly&nbsp;2%&nbsp;in&nbsp;morning&nbsp;trading.<img src=\"https://static.tigerbbs.com/11eee16e740f662501f2bc3de305f18c\" tg-width=\"871\" tg-height=\"618\" width=\"100%\" height=\"auto\"><b>Wedbush</b>&nbsp;analyst Matt Bryson downgraded&nbsp;<b>NVIDIA Corp</b>&nbsp;to Neutral from&nbsp;Outperform with a price target of $300, up from $220.</p><p><blockquote>英伟达股价早盘下跌近2%。<b>韦德布什</b>分析师马特·布赖森下调评级<b>英伟达公司</b>从跑赢大盘调整为中性，目标价从220美元上调至300美元。</blockquote></p><p> The analyst cites valuation for the downgrade, with the shares trading at 55 times his 2024 numbers.</p><p><blockquote>该分析师引用了此次降级的估值，该股的交易价格是2024年股价的55倍。</blockquote></p><p> He would have to lift the multiple to 67x to justify Outperform, suggesting Nvidia valued at ~7X its stated 2024 TAM and ~25X sales. Conversely, he would have to double his sales growth assumptions (from ~20% to ~40%) over the next couple of years to continue to use a 40X multiple to value Nvidia.</p><p><blockquote>他必须将市盈率提高到67倍才能证明跑赢大盘的合理性，这表明Nvidia的估值约为其2024年TAM的7倍，销售额约为25倍。相反，他必须在未来几年内将销售增长假设翻倍（从约20%增加到约40%），才能继续使用40倍的倍数来评估Nvidia的估值。</blockquote></p><p> However, Bryson believes the combination of \"unprecedented demand\" for both data center and client offerings will allow Nvidia to exceed expectations again next week when its reports.</p><p><blockquote>然而，布赖森认为，对数据中心和客户端产品的“前所未有的需求”将使英伟达在下周发布报告时再次超出预期。</blockquote></p><p> Nvidia's continued work in building out its AI software will further solidify its AI leadership.</p><p><blockquote>英伟达在构建人工智能软件方面的持续工作将进一步巩固其人工智能领导地位。</blockquote></p><p> Client GPUs have again become difficult to source, helped by a combination of solid gaming demand and crypto mining requirements.</p><p><blockquote>在稳定的游戏需求和加密挖掘需求的共同帮助下，客户端GPU再次变得难以采购。</blockquote></p><p> New opportunities, particularly the Metaverse and its graphics-intensive requirements, have started to realize the increased investment.</p><p><blockquote>新的机会，特别是元宇宙及其图形密集型需求，已经开始实现投资的增加。</blockquote></p><p> He sees no \"negative catalyst\" for the stock and improving fundamentals for Nvidia but downgrades the shares on valuation.</p><p><blockquote>他认为该股没有“负面催化剂”，英伟达的基本面也没有改善，但根据估值下调了该股的评级。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139324750","content_text":"Nvidia shares fell nearly 2% in morning trading.Wedbush analyst Matt Bryson downgraded NVIDIA Corp to Neutral from Outperform with a price target of $300, up from $220.\nThe analyst cites valuation for the downgrade, with the shares trading at 55 times his 2024 numbers.\nHe would have to lift the multiple to 67x to justify Outperform, suggesting Nvidia valued at ~7X its stated 2024 TAM and ~25X sales. Conversely, he would have to double his sales growth assumptions (from ~20% to ~40%) over the next couple of years to continue to use a 40X multiple to value Nvidia.\nHowever, Bryson believes the combination of \"unprecedented demand\" for both data center and client offerings will allow Nvidia to exceed expectations again next week when its reports.\nNvidia's continued work in building out its AI software will further solidify its AI leadership.\nClient GPUs have again become difficult to source, helped by a combination of solid gaming demand and crypto mining requirements.\nNew opportunities, particularly the Metaverse and its graphics-intensive requirements, have started to realize the increased investment.\nHe sees no \"negative catalyst\" for the stock and improving fundamentals for Nvidia but downgrades the shares on valuation.","news_type":1,"symbols_score_info":{"NVDA":0.9}},"isVote":1,"tweetType":1,"viewCount":3916,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":816263105,"gmtCreate":1630504093207,"gmtModify":1631886253087,"author":{"id":"3571817046197705","authorId":"3571817046197705","name":"SLJY","avatar":"https://static.tigerbbs.com/257ddaf7c5bdd72d26a8df10ef87527a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571817046197705","idStr":"3571817046197705"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SKLZ\">$Skillz Inc(SKLZ)$</a>what is the pushing factor behind the raise? Anyone can enlighten me. Of course I'm looking forward for the raise","listText":"<a href=\"https://laohu8.com/S/SKLZ\">$Skillz Inc(SKLZ)$</a>what is the pushing factor behind the raise? Anyone can enlighten me. Of course I'm looking forward for the raise","text":"$Skillz Inc(SKLZ)$what is the pushing factor behind the raise? Anyone can enlighten me. Of course I'm looking forward for the raise","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/816263105","isVote":1,"tweetType":1,"viewCount":3418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":879494122,"gmtCreate":1636761173221,"gmtModify":1636761173221,"author":{"id":"3571817046197705","authorId":"3571817046197705","name":"SLJY","avatar":"https://static.tigerbbs.com/257ddaf7c5bdd72d26a8df10ef87527a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571817046197705","idStr":"3571817046197705"},"themes":[],"htmlText":"我在瑟瑟发抖， 却不能抽身。&nbsp;","listText":"我在瑟瑟发抖， 却不能抽身。&nbsp;","text":"我在瑟瑟发抖， 却不能抽身。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879494122","repostId":"2182071013","repostType":4,"repost":{"id":"2182071013","kind":"highlight","pubTimestamp":1636759045,"share":"https://www.laohu8.com/m/news/2182071013?lang=zh_CN&edition=full","pubTime":"2021-11-13 07:17","market":"us","language":"en","title":"Doubting that we could be in a stock-market bubble? Here's the chart you need to see.<blockquote>怀疑我们可能处于股市泡沫中？这是你需要看的图表。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2182071013","media":"MarketWatch","summary":"A shocking week on the inflation front has left a dent in stocks, with major indexes set to deliver ","content":"<p>A shocking week on the inflation front has left a dent in stocks, with major indexes set to deliver 1%-plus losses across the board. That’s even as some Wall Street strategists see little blocking further stock gains or that frequent year-end melt-up.</p><p><blockquote>通胀方面令人震惊的一周导致股市下跌，主要股指将全线下跌1%以上。尽管一些华尔街策略师认为几乎没有什么可以阻止股市进一步上涨或年底频繁的熔化。</blockquote></p><p> Yet the worry festers, such as for Nicolai Tangen, the manager of Norways’ $1.4 trillion sovereign-wealth fund, the biggest money pot in the world.</p><p><blockquote>然而，对挪威1.4万亿美元主权财富基金经理尼古拉·坦根（Nicolai Tangen）来说，这种担忧越来越严重，该基金是世界上最大的资金池。</blockquote></p><p> “We’re looking at the degree of euphoria. With markets really panicky last year, we have entered a very euphoric phase, and we just need to consistently gauge the levels of euphoria,” Tangen said in a recent interview with Devin Banerjee, editor at large, business and finance for LinkedIn.</p><p><blockquote>“我们正在关注兴奋程度。由于去年市场非常恐慌，我们已经进入了一个非常兴奋的阶段，我们只需要持续衡量兴奋程度，”Tangen在最近接受编辑Devin Banerjee采访时表示。LinkedIn的商业和金融。</blockquote></p><p> “And then, of course, the real threat is inflation. If inflation really takes off, that’s going to be bad news both for our bond portfolio and for the equity portfolio. So, that’s where we have the laser focus,” added Tangen.</p><p><blockquote>“然后，当然，真正的威胁是通胀。如果通胀真的起飞，这对我们的债券投资组合和股票投资组合来说都是坏消息。所以，这就是我们激光聚焦的地方，”Tangen补充道。</blockquote></p><p> It’s a reminder that what some see as heady times for stocks aren’t going unnoticed.</p><p><blockquote>这提醒人们，一些人认为的股市令人兴奋的时期并没有被忽视。</blockquote></p><p> That brings us to our <b>call of the day</b> from Michael O’Rourke, chief market strategist at JonesTrading, who falls into that camp with his latest note entitled “In case there are bubble doubts.”</p><p><blockquote>这让我们想到了我们的<b>今日看涨期权</b>JonesTrading首席市场策略师迈克尔·奥罗克(Michael O’Rourke)就属于这一阵营，他的最新报告题为《以防出现泡沫疑虑》。</blockquote></p><p> He writes: “Since the U.S. financial markets have achieved new levels of insanity, we want to make sure we document this moment in time for posterity’s sake. Apparently, we have not learned anything from the Equity, Housing and Credit bubbles that occurred between 1999 and 2008.</p><p><blockquote>他写道：“由于美国金融市场已经达到了新的疯狂水平，为了子孙后代，我们希望确保及时记录这一时刻。显然，我们没有从1999年至2008年间发生的股票、房地产和信贷泡沫中学到任何东西。</blockquote></p><p> “It can’t be any clearer than the fact that the S&amp;P 500’s market capitalization is 177% of U.S. GDP,” adds O’Rourke, who provides this chart:</p><p><blockquote>提供这张图表的奥罗克补充道：“标普500的市值占美国GDP的177%，这一事实再清楚不过了。”</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a5dfce87383926286f5e338e535810e6\" tg-width=\"700\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>JonesTrading/Bloomberg</span></p><p><blockquote><p class=\"t-img-caption\"><span>琼斯交易/彭博社</span></p></blockquote></p><p> During the 2000 tech bubble, the S&amp;P 500’s market capitalization peaked at 121% of nominal gross domestic product, he says.</p><p><blockquote>他表示，在2000年科技泡沫期间，标普500的市值达到峰值，达到名义国内生产总值的121%。</blockquote></p><p> “That should paint a stark picture as to how expensive today’s market is relative to the last generational equity bubble,” says O’Rourke, who adds that the current level is also double the average reading of the past three decades and triple the valuation where the S&amp;P 500 bottomed during the 2008-09 financial crisis.</p><p><blockquote>奥罗克表示：“这应该描绘出当今市场相对于上一代股票泡沫的昂贵程度。”他补充说，目前的水平也是过去三十年平均水平的两倍，是估值的三倍。2008-09年金融危机期间标普500触底的地方。</blockquote></p><p> “Even with the greater inflationary bump to Nominal GDP, it would need to grow at 8% for a decade to return to the historic market cap to GDP average,” he says.</p><p><blockquote>他表示：“即使通胀对名义GDP的影响更大，它也需要在十年内以8%的速度增长才能恢复到历史市值与GDP平均水平。”</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8fb8a4b1f1bfec5d4e8585b0e47fd9d8\" tg-width=\"700\" tg-height=\"386\" referrerpolicy=\"no-referrer\"><span>JonesTrading/Bloomberg</span></p><p><blockquote><p class=\"t-img-caption\"><span>琼斯交易/彭博社</span></p></blockquote></p><p> “The $3 trillion in crypto (whose only purpose appears to be speculation) is a&nbsp;clear illustration of an environment that knows no fear. Nonetheless, we are&nbsp;among the few who fear a 50% S&amp;P 500 valuation drop that would bring the&nbsp;index’s market capitalization back in line with its average historic relationship&nbsp;to GDP,” he says.</p><p><blockquote>“价值3万亿美元的加密货币（其唯一目的似乎是投机）清楚地说明了一个无所畏惧的环境。尽管如此，我们是少数几个担心标普500估值下跌50%的人之一，这将使该指数的市值回归符合其与GDP的平均历史关系，”他说。</blockquote></p><p> O’Rourke reminds of us a “painful” 80% decline for the Nasdaq Composite between March 2000 and October 2002. “Just think, the broad tape is 50% more expensive today than March 2000,” he says.</p><p><blockquote>奥罗克提醒我们，2000年3月至2002年10月期间，纳斯达克综合指数“痛苦地”下跌了80%。“想想看，今天的宽带比2000年3月贵了50%，”他说。</blockquote></p><p> Back then, Amazon&nbsp;was a top internet company and highly regarded stock, but shares still slumped 95% between December 1999 and September 2001, he says.</p><p><blockquote>他说，当时，亚马逊是一家顶级互联网公司和备受推崇的股票，但1999年12月至2001年9月期间，其股价仍下跌了95%。</blockquote></p><p> The strategist goes on to point the finger at the Federal Reserve and other central banks for propping up markets. “Today, the world is no better than the one two decades ago, and it is arguably worse. It is simply that these extra trillions of dollars having entered the economy in a short period of time provide the pretense of a special time meriting unsustainable valuations,” he says.</p><p><blockquote>这位策略师继续指责美联储和其他央行支撑市场。“今天的世界并不比二十年前更好，甚至可以说更糟。很简单，这些在短时间内进入经济的额外数万亿美元提供了一个特殊时期的借口，值得不可持续的估值，”他说。</blockquote></p><p></p>","source":"lsy1603348471595","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>Doubting that we could be in a stock-market bubble? Here's the chart you need to see.<blockquote>怀疑我们可能处于股市泡沫中？这是你需要看的图表。</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\">\nDoubting that we could be in a stock-market bubble? Here's the chart you need to see.<blockquote>怀疑我们可能处于股市泡沫中？这是你需要看的图表。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MarketWatch</strong><span class=\"h-time small\">2021-11-13 07:17</span>\n</p>\n</h4>\n</header>\n<article>\n<p>A shocking week on the inflation front has left a dent in stocks, with major indexes set to deliver 1%-plus losses across the board. That’s even as some Wall Street strategists see little blocking further stock gains or that frequent year-end melt-up.</p><p><blockquote>通胀方面令人震惊的一周导致股市下跌，主要股指将全线下跌1%以上。尽管一些华尔街策略师认为几乎没有什么可以阻止股市进一步上涨或年底频繁的熔化。</blockquote></p><p> Yet the worry festers, such as for Nicolai Tangen, the manager of Norways’ $1.4 trillion sovereign-wealth fund, the biggest money pot in the world.</p><p><blockquote>然而，对挪威1.4万亿美元主权财富基金经理尼古拉·坦根（Nicolai Tangen）来说，这种担忧越来越严重，该基金是世界上最大的资金池。</blockquote></p><p> “We’re looking at the degree of euphoria. With markets really panicky last year, we have entered a very euphoric phase, and we just need to consistently gauge the levels of euphoria,” Tangen said in a recent interview with Devin Banerjee, editor at large, business and finance for LinkedIn.</p><p><blockquote>“我们正在关注兴奋程度。由于去年市场非常恐慌，我们已经进入了一个非常兴奋的阶段，我们只需要持续衡量兴奋程度，”Tangen在最近接受编辑Devin Banerjee采访时表示。LinkedIn的商业和金融。</blockquote></p><p> “And then, of course, the real threat is inflation. If inflation really takes off, that’s going to be bad news both for our bond portfolio and for the equity portfolio. So, that’s where we have the laser focus,” added Tangen.</p><p><blockquote>“然后，当然，真正的威胁是通胀。如果通胀真的起飞，这对我们的债券投资组合和股票投资组合来说都是坏消息。所以，这就是我们激光聚焦的地方，”Tangen补充道。</blockquote></p><p> It’s a reminder that what some see as heady times for stocks aren’t going unnoticed.</p><p><blockquote>这提醒人们，一些人认为的股市令人兴奋的时期并没有被忽视。</blockquote></p><p> That brings us to our <b>call of the day</b> from Michael O’Rourke, chief market strategist at JonesTrading, who falls into that camp with his latest note entitled “In case there are bubble doubts.”</p><p><blockquote>这让我们想到了我们的<b>今日看涨期权</b>JonesTrading首席市场策略师迈克尔·奥罗克(Michael O’Rourke)就属于这一阵营，他的最新报告题为《以防出现泡沫疑虑》。</blockquote></p><p> He writes: “Since the U.S. financial markets have achieved new levels of insanity, we want to make sure we document this moment in time for posterity’s sake. Apparently, we have not learned anything from the Equity, Housing and Credit bubbles that occurred between 1999 and 2008.</p><p><blockquote>他写道：“由于美国金融市场已经达到了新的疯狂水平，为了子孙后代，我们希望确保及时记录这一时刻。显然，我们没有从1999年至2008年间发生的股票、房地产和信贷泡沫中学到任何东西。</blockquote></p><p> “It can’t be any clearer than the fact that the S&amp;P 500’s market capitalization is 177% of U.S. GDP,” adds O’Rourke, who provides this chart:</p><p><blockquote>提供这张图表的奥罗克补充道：“标普500的市值占美国GDP的177%，这一事实再清楚不过了。”</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a5dfce87383926286f5e338e535810e6\" tg-width=\"700\" tg-height=\"395\" referrerpolicy=\"no-referrer\"><span>JonesTrading/Bloomberg</span></p><p><blockquote><p class=\"t-img-caption\"><span>琼斯交易/彭博社</span></p></blockquote></p><p> During the 2000 tech bubble, the S&amp;P 500’s market capitalization peaked at 121% of nominal gross domestic product, he says.</p><p><blockquote>他表示，在2000年科技泡沫期间，标普500的市值达到峰值，达到名义国内生产总值的121%。</blockquote></p><p> “That should paint a stark picture as to how expensive today’s market is relative to the last generational equity bubble,” says O’Rourke, who adds that the current level is also double the average reading of the past three decades and triple the valuation where the S&amp;P 500 bottomed during the 2008-09 financial crisis.</p><p><blockquote>奥罗克表示：“这应该描绘出当今市场相对于上一代股票泡沫的昂贵程度。”他补充说，目前的水平也是过去三十年平均水平的两倍，是估值的三倍。2008-09年金融危机期间标普500触底的地方。</blockquote></p><p> “Even with the greater inflationary bump to Nominal GDP, it would need to grow at 8% for a decade to return to the historic market cap to GDP average,” he says.</p><p><blockquote>他表示：“即使通胀对名义GDP的影响更大，它也需要在十年内以8%的速度增长才能恢复到历史市值与GDP平均水平。”</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8fb8a4b1f1bfec5d4e8585b0e47fd9d8\" tg-width=\"700\" tg-height=\"386\" referrerpolicy=\"no-referrer\"><span>JonesTrading/Bloomberg</span></p><p><blockquote><p class=\"t-img-caption\"><span>琼斯交易/彭博社</span></p></blockquote></p><p> “The $3 trillion in crypto (whose only purpose appears to be speculation) is a&nbsp;clear illustration of an environment that knows no fear. Nonetheless, we are&nbsp;among the few who fear a 50% S&amp;P 500 valuation drop that would bring the&nbsp;index’s market capitalization back in line with its average historic relationship&nbsp;to GDP,” he says.</p><p><blockquote>“价值3万亿美元的加密货币（其唯一目的似乎是投机）清楚地说明了一个无所畏惧的环境。尽管如此，我们是少数几个担心标普500估值下跌50%的人之一，这将使该指数的市值回归符合其与GDP的平均历史关系，”他说。</blockquote></p><p> O’Rourke reminds of us a “painful” 80% decline for the Nasdaq Composite between March 2000 and October 2002. “Just think, the broad tape is 50% more expensive today than March 2000,” he says.</p><p><blockquote>奥罗克提醒我们，2000年3月至2002年10月期间，纳斯达克综合指数“痛苦地”下跌了80%。“想想看，今天的宽带比2000年3月贵了50%，”他说。</blockquote></p><p> Back then, Amazon&nbsp;was a top internet company and highly regarded stock, but shares still slumped 95% between December 1999 and September 2001, he says.</p><p><blockquote>他说，当时，亚马逊是一家顶级互联网公司和备受推崇的股票，但1999年12月至2001年9月期间，其股价仍下跌了95%。</blockquote></p><p> The strategist goes on to point the finger at the Federal Reserve and other central banks for propping up markets. “Today, the world is no better than the one two decades ago, and it is arguably worse. It is simply that these extra trillions of dollars having entered the economy in a short period of time provide the pretense of a special time meriting unsustainable valuations,” he says.</p><p><blockquote>这位策略师继续指责美联储和其他央行支撑市场。“今天的世界并不比二十年前更好，甚至可以说更糟。很简单，这些在短时间内进入经济的额外数万亿美元提供了一个特殊时期的借口，值得不可持续的估值，”他说。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.marketwatch.com/story/doubting-that-we-could-be-in-a-stock-market-bubble-heres-the-chart-you-need-to-see-11636719571?mod=home-page\">MarketWatch</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":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/doubting-that-we-could-be-in-a-stock-market-bubble-heres-the-chart-you-need-to-see-11636719571?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2182071013","content_text":"A shocking week on the inflation front has left a dent in stocks, with major indexes set to deliver 1%-plus losses across the board. That’s even as some Wall Street strategists see little blocking further stock gains or that frequent year-end melt-up.\nYet the worry festers, such as for Nicolai Tangen, the manager of Norways’ $1.4 trillion sovereign-wealth fund, the biggest money pot in the world.\n“We’re looking at the degree of euphoria. With markets really panicky last year, we have entered a very euphoric phase, and we just need to consistently gauge the levels of euphoria,” Tangen said in a recent interview with Devin Banerjee, editor at large, business and finance for LinkedIn.\n“And then, of course, the real threat is inflation. If inflation really takes off, that’s going to be bad news both for our bond portfolio and for the equity portfolio. So, that’s where we have the laser focus,” added Tangen.\nIt’s a reminder that what some see as heady times for stocks aren’t going unnoticed.\nThat brings us to our call of the day from Michael O’Rourke, chief market strategist at JonesTrading, who falls into that camp with his latest note entitled “In case there are bubble doubts.”\nHe writes: “Since the U.S. financial markets have achieved new levels of insanity, we want to make sure we document this moment in time for posterity’s sake. Apparently, we have not learned anything from the Equity, Housing and Credit bubbles that occurred between 1999 and 2008.\n“It can’t be any clearer than the fact that the S&P 500’s market capitalization is 177% of U.S. GDP,” adds O’Rourke, who provides this chart:\nJonesTrading/Bloomberg\nDuring the 2000 tech bubble, the S&P 500’s market capitalization peaked at 121% of nominal gross domestic product, he says.\n“That should paint a stark picture as to how expensive today’s market is relative to the last generational equity bubble,” says O’Rourke, who adds that the current level is also double the average reading of the past three decades and triple the valuation where the S&P 500 bottomed during the 2008-09 financial crisis.\n“Even with the greater inflationary bump to Nominal GDP, it would need to grow at 8% for a decade to return to the historic market cap to GDP average,” he says.\nJonesTrading/Bloomberg\n“The $3 trillion in crypto (whose only purpose appears to be speculation) is a clear illustration of an environment that knows no fear. Nonetheless, we are among the few who fear a 50% S&P 500 valuation drop that would bring the index’s market capitalization back in line with its average historic relationship to GDP,” he says.\nO’Rourke reminds of us a “painful” 80% decline for the Nasdaq Composite between March 2000 and October 2002. “Just think, the broad tape is 50% more expensive today than March 2000,” he says.\nBack then, Amazon was a top internet company and highly regarded stock, but shares still slumped 95% between December 1999 and September 2001, he says.\nThe strategist goes on to point the finger at the Federal Reserve and other central banks for propping up markets. “Today, the world is no better than the one two decades ago, and it is arguably worse. It is simply that these extra trillions of dollars having entered the economy in a short period of time provide the pretense of a special time meriting unsustainable valuations,” he says.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":3969,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879920434,"gmtCreate":1636677500589,"gmtModify":1636677532374,"author":{"id":"3571817046197705","authorId":"3571817046197705","name":"SLJY","avatar":"https://static.tigerbbs.com/257ddaf7c5bdd72d26a8df10ef87527a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571817046197705","idStr":"3571817046197705"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PYPL\">$PayPal(PYPL)$</a>&nbsp;, 手太快了。 心在流血","listText":"<a href=\"https://laohu8.com/S/PYPL\">$PayPal(PYPL)$</a>&nbsp;, 手太快了。 心在流血","text":"$PayPal(PYPL)$ , 手太快了。 心在流血","images":[{"img":"https://static.tigerbbs.com/7c464073314620cff6df448e14b94e06","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/879920434","isVote":1,"tweetType":1,"viewCount":2695,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":874800471,"gmtCreate":1637750877122,"gmtModify":1637750939712,"author":{"id":"3571817046197705","authorId":"3571817046197705","name":"SLJY","avatar":"https://static.tigerbbs.com/257ddaf7c5bdd72d26a8df10ef87527a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571817046197705","idStr":"3571817046197705"},"themes":[],"htmlText":"Thx for Reminding&nbsp;","listText":"Thx for Reminding&nbsp;","text":"Thx for Reminding","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874800471","repostId":"1151702113","repostType":4,"repost":{"id":"1151702113","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":1637559387,"share":"https://www.laohu8.com/m/news/1151702113?lang=zh_CN&edition=full","pubTime":"2021-11-22 13:36","market":"us","language":"en","title":"Reminder: U.S. stocks will be closed on Thursday for Thanksgiving day,and close three hours earlier on Friday<blockquote>提醒：周四美股因感恩节休市，周五提前三小时收盘</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1151702113","media":"Tiger Newspress","summary":"November 25th (this Thursday) is Thanksgiving Day.All financial markets in the United States, includ","content":"<p>November 25th&nbsp;(this&nbsp;Thursday) is Thanksgiving Day.All financial markets in the United States, including U.S. stocks, will be closed for one day.</p><p><blockquote>11月25日（本周四）是感恩节。包括美股在内的美国所有金融市场将休市一天。</blockquote></p><p> On November 26th(this Friday), the Nasdaq and New York Stock Exchange end trading at&nbsp;U.S.&nbsp;Eastern Time&nbsp;1 p.m.(Beijing time/SGT&nbsp;2 am on Saturday),and the trading hours will be 22:30 Beijing time-2:00 the next day.So it will be 3 hours ahead of the regular closing time.</p><p><blockquote>11月26日（本周五），纳斯达克和纽约证券交易所于美国东部时间下午1点（北京时间/SGT周六凌晨2点）结束交易，交易时间为北京时间22:30-次日2:00。所以会比正常关门时间提前3个小时。</blockquote></p><p> Stocks&nbsp;in&nbsp;China,Britain, Australia&nbsp;and Singapore&nbsp;will&nbsp;trade as usual.</p><p><blockquote>中国、英国、澳大利亚和新加坡的股票将照常交易。</blockquote></p><p> <b>Background</b></p><p><blockquote><b>背景</b></blockquote></p><p> Thanksgiving&nbsp;Day&nbsp;is a national&nbsp;holiday&nbsp;celebrated on various dates in the United States, Canada, Grenada, Saint Lucia, and Liberia. It began as a day of giving thanks and sacrifice for the blessing of the&nbsp;harvest&nbsp;and of the preceding year. Similarly named festival holidays occur in Germany and Japan. Thanksgiving&nbsp;Day&nbsp;is celebrated on the&nbsp;second Monday of October&nbsp;in Canada and on the&nbsp;fourth Thursday of November&nbsp;in the United States and around the same part of the year in other places.&nbsp;</p><p><blockquote>感恩节是一个全国性的节日，在美国、加拿大、格林纳达、圣卢西亚和利比里亚的不同日期庆祝。它开始是一个感谢和牺牲丰收和前一年祝福的日子。德国和日本也有类似的节日假期。加拿大在十月的第二个星期一庆祝感恩节，美国在十一月的第四个星期四庆祝感恩节，其他地方在一年中的同一时间庆祝感恩节。</blockquote></p><p> Black Friday&nbsp;is a colloquial term for the Friday following&nbsp;Thanksgiving Day in the United States. Many stores offer highly promoted sales at discounted prices and often open very early, sometimes as early as midnight&nbsp;or even on Thanksgiving Day.</p><p><blockquote>黑色星期五是美国感恩节后星期五的通俗说法。许多商店以折扣价提供高度促销的销售，并且通常很早就开门，有时早到午夜，甚至在感恩节。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/af950d731994581f416aa413e17585d3\" tg-width=\"450\" tg-height=\"281\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></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>Reminder: U.S. stocks will be closed on Thursday for Thanksgiving day,and close three hours earlier on Friday<blockquote>提醒：周四美股因感恩节休市，周五提前三小时收盘</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\">\nReminder: U.S. stocks will be closed on Thursday for Thanksgiving day,and close three hours earlier on Friday<blockquote>提醒：周四美股因感恩节休市，周五提前三小时收盘</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-11-22 13:36</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>November 25th&nbsp;(this&nbsp;Thursday) is Thanksgiving Day.All financial markets in the United States, including U.S. stocks, will be closed for one day.</p><p><blockquote>11月25日（本周四）是感恩节。包括美股在内的美国所有金融市场将休市一天。</blockquote></p><p> On November 26th(this Friday), the Nasdaq and New York Stock Exchange end trading at&nbsp;U.S.&nbsp;Eastern Time&nbsp;1 p.m.(Beijing time/SGT&nbsp;2 am on Saturday),and the trading hours will be 22:30 Beijing time-2:00 the next day.So it will be 3 hours ahead of the regular closing time.</p><p><blockquote>11月26日（本周五），纳斯达克和纽约证券交易所于美国东部时间下午1点（北京时间/SGT周六凌晨2点）结束交易，交易时间为北京时间22:30-次日2:00。所以会比正常关门时间提前3个小时。</blockquote></p><p> Stocks&nbsp;in&nbsp;China,Britain, Australia&nbsp;and Singapore&nbsp;will&nbsp;trade as usual.</p><p><blockquote>中国、英国、澳大利亚和新加坡的股票将照常交易。</blockquote></p><p> <b>Background</b></p><p><blockquote><b>背景</b></blockquote></p><p> Thanksgiving&nbsp;Day&nbsp;is a national&nbsp;holiday&nbsp;celebrated on various dates in the United States, Canada, Grenada, Saint Lucia, and Liberia. It began as a day of giving thanks and sacrifice for the blessing of the&nbsp;harvest&nbsp;and of the preceding year. Similarly named festival holidays occur in Germany and Japan. Thanksgiving&nbsp;Day&nbsp;is celebrated on the&nbsp;second Monday of October&nbsp;in Canada and on the&nbsp;fourth Thursday of November&nbsp;in the United States and around the same part of the year in other places.&nbsp;</p><p><blockquote>感恩节是一个全国性的节日，在美国、加拿大、格林纳达、圣卢西亚和利比里亚的不同日期庆祝。它开始是一个感谢和牺牲丰收和前一年祝福的日子。德国和日本也有类似的节日假期。加拿大在十月的第二个星期一庆祝感恩节，美国在十一月的第四个星期四庆祝感恩节，其他地方在一年中的同一时间庆祝感恩节。</blockquote></p><p> Black Friday&nbsp;is a colloquial term for the Friday following&nbsp;Thanksgiving Day in the United States. Many stores offer highly promoted sales at discounted prices and often open very early, sometimes as early as midnight&nbsp;or even on Thanksgiving Day.</p><p><blockquote>黑色星期五是美国感恩节后星期五的通俗说法。许多商店以折扣价提供高度促销的销售，并且通常很早就开门，有时早到午夜，甚至在感恩节。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/af950d731994581f416aa413e17585d3\" tg-width=\"450\" tg-height=\"281\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151702113","content_text":"November 25th (this Thursday) is Thanksgiving Day.All financial markets in the United States, including U.S. stocks, will be closed for one day.\nOn November 26th(this Friday), the Nasdaq and New York Stock Exchange end trading at U.S. Eastern Time 1 p.m.(Beijing time/SGT 2 am on Saturday),and the trading hours will be 22:30 Beijing time-2:00 the next day.So it will be 3 hours ahead of the regular closing time.\nStocks in China,Britain, Australia and Singapore will trade as usual.\nBackground\nThanksgiving Day is a national holiday celebrated on various dates in the United States, Canada, Grenada, Saint Lucia, and Liberia. It began as a day of giving thanks and sacrifice for the blessing of the harvest and of the preceding year. Similarly named festival holidays occur in Germany and Japan. Thanksgiving Day is celebrated on the second Monday of October in Canada and on the fourth Thursday of November in the United States and around the same part of the year in other places. \nBlack Friday is a colloquial term for the Friday following Thanksgiving Day in the United States. Many stores offer highly promoted sales at discounted prices and often open very early, sometimes as early as midnight or even on Thanksgiving Day.","news_type":1,"symbols_score_info":{".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":3693,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":870944774,"gmtCreate":1636584842389,"gmtModify":1636584842454,"author":{"id":"3571817046197705","authorId":"3571817046197705","name":"SLJY","avatar":"https://static.tigerbbs.com/257ddaf7c5bdd72d26a8df10ef87527a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571817046197705","idStr":"3571817046197705"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BIGC\">$BigCommerce Holdings(BIGC)$</a>&nbsp;过山车？！我会再回来的。&nbsp;","listText":"<a href=\"https://laohu8.com/S/BIGC\">$BigCommerce Holdings(BIGC)$</a>&nbsp;过山车？！我会再回来的。&nbsp;","text":"$BigCommerce Holdings(BIGC)$ 过山车？！我会再回来的。","images":[{"img":"https://static.tigerbbs.com/5013282bdfcd5569f7620728c5332172","width":"1080","height":"2528"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/870944774","isVote":1,"tweetType":1,"viewCount":4039,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":847117566,"gmtCreate":1636501232972,"gmtModify":1636501256246,"author":{"id":"3571817046197705","authorId":"3571817046197705","name":"SLJY","avatar":"https://static.tigerbbs.com/257ddaf7c5bdd72d26a8df10ef87527a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571817046197705","idStr":"3571817046197705"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BIGC\">$BigCommerce Holdings(BIGC)$</a>该卖了吗？","listText":"<a href=\"https://laohu8.com/S/BIGC\">$BigCommerce Holdings(BIGC)$</a>该卖了吗？","text":"$BigCommerce Holdings(BIGC)$该卖了吗？","images":[{"img":"https://static.tigerbbs.com/e4750b53c3b9843a7960fb3bf1bdb218","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847117566","isVote":1,"tweetType":1,"viewCount":3851,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":874809313,"gmtCreate":1637750907195,"gmtModify":1637750939837,"author":{"id":"3571817046197705","authorId":"3571817046197705","name":"SLJY","avatar":"https://static.tigerbbs.com/257ddaf7c5bdd72d26a8df10ef87527a","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3571817046197705","idStr":"3571817046197705"},"themes":[],"htmlText":"I cleared it earlier&nbsp;[流泪]&nbsp;[流泪]&nbsp;","listText":"I cleared it earlier&nbsp;[流泪]&nbsp;[流泪]&nbsp;","text":"I cleared it earlier [流泪] [流泪]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874809313","repostId":"1158359024","repostType":4,"repost":{"id":"1158359024","kind":"news","pubTimestamp":1637714626,"share":"https://www.laohu8.com/m/news/1158359024?lang=zh_CN&edition=full","pubTime":"2021-11-24 08:43","market":"us","language":"en","title":"Will Apple Stock Be Up 25% Next Year?<blockquote>苹果股价明年会上涨25%吗？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1158359024","media":"TheStreet","summary":"Apple stock has just made all-time highs, but one Wall Street bull thinks that shares can climb another 25% in the next year. Is this a reasonable expectation?Apple stock made new all-time highs in November. On Monday, I argued that Apple has become an expert at dominating and reshaping the consumer tech markets in which it operates. In part for this reason, AAPL shares look like a buy to me, even at a historical peak price of $160.Figure 1: Apple store in New York, NY.That said, Tigress Financi","content":"<p>Apple stock has just made all-time highs, but one Wall Street bull thinks that shares can climb another 25% in the next year. Is this a reasonable expectation?</p><p><blockquote>苹果股价刚刚创下历史新高，但一位华尔街多头认为明年股价还可以再上涨25%。这是一个合理的预期吗？</blockquote></p><p> Apple stock&nbsp;made new all-time highs in November. On Monday, I argued that Apple has become an expert at dominating and reshaping the consumer tech markets in which it operates. In part for this reason, AAPL shares look like a buy to me, even at a historical peak price of $160.</p><p><blockquote>苹果股价在11月份创下历史新高。周一，我认为苹果已经成为主导和重塑其运营所在的消费科技市场的专家。部分出于这个原因，即使在160美元的历史峰值价格下，AAPL股票在我看来也值得买入。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3facec59ae76a6c28f4c5847600b4de\" tg-width=\"1240\" tg-height=\"886\" width=\"100%\" height=\"auto\"><span>Figure 1: Apple store in New York, NY.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1：纽约州纽约市的苹果商店。</span></p></blockquote></p><p> That said, Tigress Financial’s Ivan Feinseth has recentlyseta new Street-high share price target of nearly $200. At those levels, AAPL would present about 25% gain potential over the next 12 months. Is this a reasonable expectation? Might it even be too conservative a number?</p><p><blockquote>尽管如此，Tigress Financial的Ivan Feinseth最近将股价目标定为近200美元，创下了近200美元的新高。按照这些水平，AAPL在未来12个月内将呈现约25%的上涨潜力。这是一个合理的预期吗？这个数字会不会太保守了？</blockquote></p><p> <b>What AAPL at $200 means</b></p><p><blockquote><b>AAPL 200美元意味着什么</b></blockquote></p><p> From a P/E perspective, Apple’s next-year valuation multiple would need to expand to 32.8 times for the stock to climb 25% from here and reach $200 apiece by this time in 2022. For reference, the comparable forward multiple today is only 28.2 times. Forward P/E only climbed well into the 30s recently&nbsp;in late August 2020, moments before AAPL corrected sharply into the end of Q3.</p><p><blockquote>从市盈率的角度来看，苹果明年的估值倍数需要扩大到32.8倍，该股才能在2022年此时上涨25%并达到每股200美元。作为参考，今天可比远期倍数仅为28.2倍。远期市盈率直到2020年8月下旬才攀升至30多岁，就在AAPL在第三季度末大幅调整之前。</blockquote></p><p> All the above, of course, assumes that consensus 2023 EPS of $6.09 remains unchanged. Apple stock could also head to $200, maybe even without any valuation expansion, if the company manages to deliver consensus-beating results in the next few quarters. This could happen as a result of&nbsp;strong iPhone sales in the holiday quarter, for example.</p><p><blockquote>当然，以上所有内容都假设2023年每股收益6.09美元的共识保持不变。如果苹果公司能够在未来几个季度取得超出共识的业绩，即使估值没有任何扩张，该公司的股价也可能升至200美元。例如，这可能是假日季度iPhone销售强劲的结果。</blockquote></p><p> <b>What history says</b></p><p><blockquote><b>历史怎么说</b></blockquote></p><p> History does not always repeat, but it often rhymes. From that point of view, Apple’s 25% climb in 12 months seems a bit more unlikely, considering that AAPL currently sits at an all-time high.</p><p><blockquote>历史并不总是重复，但它往往押韵。从这个角度来看，考虑到AAPL目前正处于历史高位，苹果在12个月内上涨25%的可能性似乎更小。</blockquote></p><p> The Apple Maven has explained&nbsp;that an investment in Apple stock tends to offer the highest return in the following 12 months if shares are bought during a steep drawdown. On average, one-year gains have been nearly 50% when the stock was bought after a 30%-plus decline from the top.</p><p><blockquote>这位苹果专家解释说，如果在大幅下跌期间购买苹果股票，投资其股票往往会在接下来的12个月内获得最高回报。平均而言，当该股从顶部下跌30%以上后买入时，一年的涨幅已接近50%。</blockquote></p><p> Instead, if an investor bought AAPL only at all-time highs since the launch of the first iPhone in 2007 and held shares for exactly one year, his or her average return would have been “only” 19%. Gains of 25% or more, however, have not been all that rare, as the histogram below illustrates.</p><p><blockquote>相反，如果投资者仅在2007年第一部iPhone推出以来的历史高点买入AAPL，并持有股票整整一年，他或她的平均回报率将“仅”为19%。然而，25%或更多的收益并不罕见，如下图所示。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4efda4e69cc836339cb92cc143f3dbab\" tg-width=\"736\" tg-height=\"441\" width=\"100%\" height=\"auto\"><span>Figure 2: Distribution of one-year gains in AAPL from a peak.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图2：AAPL从峰值开始的一年涨幅分布。</span></p></blockquote></p><p> <b>The Apple Maven’s take</b></p><p><blockquote><b>苹果专家的看法</b></blockquote></p><p> I continue to think that AAPL is a great buy-and-hold play at $160 per share. However, earning 25% from an all-time high is no easy feat, even though it has happened before.</p><p><blockquote>我仍然认为AAPL是一个很好的买入并持有股票，每股160美元。然而，从历史高点赚取25%并不是一件容易的事，尽管这种情况以前也发生过。</blockquote></p><p> I would not necessarily count on Apple stock generating stratospheric returns in the next 12 months or so. The odds are against it happening from a peak price, especially after shares managed to produce gains of 140% in the past 24 months alone. But more modest, still market-beating gains are certainly not out of question, considering the robust business fundamentals.</p><p><blockquote>我不一定指望苹果股票在未来12个月左右产生极高的回报。这种情况从峰值价格开始发生的可能性很小，尤其是在股价仅在过去24个月内就上涨了140%之后。但考虑到强劲的商业基本面，更温和、仍跑赢市场的涨幅肯定不是不可能的。</blockquote></p><p></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>Will Apple Stock Be Up 25% Next Year?<blockquote>苹果股价明年会上涨25%吗？</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\">\nWill Apple Stock Be Up 25% Next Year?<blockquote>苹果股价明年会上涨25%吗？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">TheStreet</strong><span class=\"h-time small\">2021-11-24 08:43</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Apple stock has just made all-time highs, but one Wall Street bull thinks that shares can climb another 25% in the next year. Is this a reasonable expectation?</p><p><blockquote>苹果股价刚刚创下历史新高，但一位华尔街多头认为明年股价还可以再上涨25%。这是一个合理的预期吗？</blockquote></p><p> Apple stock&nbsp;made new all-time highs in November. On Monday, I argued that Apple has become an expert at dominating and reshaping the consumer tech markets in which it operates. In part for this reason, AAPL shares look like a buy to me, even at a historical peak price of $160.</p><p><blockquote>苹果股价在11月份创下历史新高。周一，我认为苹果已经成为主导和重塑其运营所在的消费科技市场的专家。部分出于这个原因，即使在160美元的历史峰值价格下，AAPL股票在我看来也值得买入。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3facec59ae76a6c28f4c5847600b4de\" tg-width=\"1240\" tg-height=\"886\" width=\"100%\" height=\"auto\"><span>Figure 1: Apple store in New York, NY.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1：纽约州纽约市的苹果商店。</span></p></blockquote></p><p> That said, Tigress Financial’s Ivan Feinseth has recentlyseta new Street-high share price target of nearly $200. At those levels, AAPL would present about 25% gain potential over the next 12 months. Is this a reasonable expectation? Might it even be too conservative a number?</p><p><blockquote>尽管如此，Tigress Financial的Ivan Feinseth最近将股价目标定为近200美元，创下了近200美元的新高。按照这些水平，AAPL在未来12个月内将呈现约25%的上涨潜力。这是一个合理的预期吗？这个数字会不会太保守了？</blockquote></p><p> <b>What AAPL at $200 means</b></p><p><blockquote><b>AAPL 200美元意味着什么</b></blockquote></p><p> From a P/E perspective, Apple’s next-year valuation multiple would need to expand to 32.8 times for the stock to climb 25% from here and reach $200 apiece by this time in 2022. For reference, the comparable forward multiple today is only 28.2 times. Forward P/E only climbed well into the 30s recently&nbsp;in late August 2020, moments before AAPL corrected sharply into the end of Q3.</p><p><blockquote>从市盈率的角度来看，苹果明年的估值倍数需要扩大到32.8倍，该股才能在2022年此时上涨25%并达到每股200美元。作为参考，今天可比远期倍数仅为28.2倍。远期市盈率直到2020年8月下旬才攀升至30多岁，就在AAPL在第三季度末大幅调整之前。</blockquote></p><p> All the above, of course, assumes that consensus 2023 EPS of $6.09 remains unchanged. Apple stock could also head to $200, maybe even without any valuation expansion, if the company manages to deliver consensus-beating results in the next few quarters. This could happen as a result of&nbsp;strong iPhone sales in the holiday quarter, for example.</p><p><blockquote>当然，以上所有内容都假设2023年每股收益6.09美元的共识保持不变。如果苹果公司能够在未来几个季度取得超出共识的业绩，即使估值没有任何扩张，该公司的股价也可能升至200美元。例如，这可能是假日季度iPhone销售强劲的结果。</blockquote></p><p> <b>What history says</b></p><p><blockquote><b>历史怎么说</b></blockquote></p><p> History does not always repeat, but it often rhymes. From that point of view, Apple’s 25% climb in 12 months seems a bit more unlikely, considering that AAPL currently sits at an all-time high.</p><p><blockquote>历史并不总是重复，但它往往押韵。从这个角度来看，考虑到AAPL目前正处于历史高位，苹果在12个月内上涨25%的可能性似乎更小。</blockquote></p><p> The Apple Maven has explained&nbsp;that an investment in Apple stock tends to offer the highest return in the following 12 months if shares are bought during a steep drawdown. On average, one-year gains have been nearly 50% when the stock was bought after a 30%-plus decline from the top.</p><p><blockquote>这位苹果专家解释说，如果在大幅下跌期间购买苹果股票，投资其股票往往会在接下来的12个月内获得最高回报。平均而言，当该股从顶部下跌30%以上后买入时，一年的涨幅已接近50%。</blockquote></p><p> Instead, if an investor bought AAPL only at all-time highs since the launch of the first iPhone in 2007 and held shares for exactly one year, his or her average return would have been “only” 19%. Gains of 25% or more, however, have not been all that rare, as the histogram below illustrates.</p><p><blockquote>相反，如果投资者仅在2007年第一部iPhone推出以来的历史高点买入AAPL，并持有股票整整一年，他或她的平均回报率将“仅”为19%。然而，25%或更多的收益并不罕见，如下图所示。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4efda4e69cc836339cb92cc143f3dbab\" tg-width=\"736\" tg-height=\"441\" width=\"100%\" height=\"auto\"><span>Figure 2: Distribution of one-year gains in AAPL from a peak.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图2：AAPL从峰值开始的一年涨幅分布。</span></p></blockquote></p><p> <b>The Apple Maven’s take</b></p><p><blockquote><b>苹果专家的看法</b></blockquote></p><p> I continue to think that AAPL is a great buy-and-hold play at $160 per share. However, earning 25% from an all-time high is no easy feat, even though it has happened before.</p><p><blockquote>我仍然认为AAPL是一个很好的买入并持有股票，每股160美元。然而，从历史高点赚取25%并不是一件容易的事，尽管这种情况以前也发生过。</blockquote></p><p> I would not necessarily count on Apple stock generating stratospheric returns in the next 12 months or so. The odds are against it happening from a peak price, especially after shares managed to produce gains of 140% in the past 24 months alone. But more modest, still market-beating gains are certainly not out of question, considering the robust business fundamentals.</p><p><blockquote>我不一定指望苹果股票在未来12个月左右产生极高的回报。这种情况从峰值价格开始发生的可能性很小，尤其是在股价仅在过去24个月内就上涨了140%之后。但考虑到强劲的商业基本面，更温和、仍跑赢市场的涨幅肯定不是不可能的。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/apple/stock/will-apple-stock-be-up-25-next-year\">TheStreet</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":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/will-apple-stock-be-up-25-next-year","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158359024","content_text":"Apple stock has just made all-time highs, but one Wall Street bull thinks that shares can climb another 25% in the next year. Is this a reasonable expectation?\nApple stock made new all-time highs in November. On Monday, I argued that Apple has become an expert at dominating and reshaping the consumer tech markets in which it operates. In part for this reason, AAPL shares look like a buy to me, even at a historical peak price of $160.\nFigure 1: Apple store in New York, NY.\nThat said, Tigress Financial’s Ivan Feinseth has recentlyseta new Street-high share price target of nearly $200. At those levels, AAPL would present about 25% gain potential over the next 12 months. Is this a reasonable expectation? Might it even be too conservative a number?\nWhat AAPL at $200 means\nFrom a P/E perspective, Apple’s next-year valuation multiple would need to expand to 32.8 times for the stock to climb 25% from here and reach $200 apiece by this time in 2022. For reference, the comparable forward multiple today is only 28.2 times. Forward P/E only climbed well into the 30s recently in late August 2020, moments before AAPL corrected sharply into the end of Q3.\nAll the above, of course, assumes that consensus 2023 EPS of $6.09 remains unchanged. Apple stock could also head to $200, maybe even without any valuation expansion, if the company manages to deliver consensus-beating results in the next few quarters. This could happen as a result of strong iPhone sales in the holiday quarter, for example.\nWhat history says\nHistory does not always repeat, but it often rhymes. From that point of view, Apple’s 25% climb in 12 months seems a bit more unlikely, considering that AAPL currently sits at an all-time high.\nThe Apple Maven has explained that an investment in Apple stock tends to offer the highest return in the following 12 months if shares are bought during a steep drawdown. On average, one-year gains have been nearly 50% when the stock was bought after a 30%-plus decline from the top.\nInstead, if an investor bought AAPL only at all-time highs since the launch of the first iPhone in 2007 and held shares for exactly one year, his or her average return would have been “only” 19%. Gains of 25% or more, however, have not been all that rare, as the histogram below illustrates.\nFigure 2: Distribution of one-year gains in AAPL from a peak.\nThe Apple Maven’s take\nI continue to think that AAPL is a great buy-and-hold play at $160 per share. However, earning 25% from an all-time high is no easy feat, even though it has happened before.\nI would not necessarily count on Apple stock generating stratospheric returns in the next 12 months or so. The odds are against it happening from a peak price, especially after shares managed to produce gains of 140% in the past 24 months alone. 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