Archiparia的个人主页 - 老虎社区

Archiparia

Archiparia

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2021-09-24

$Palantir Technologies Inc.(PLTR)$Dnt laugh at me

2021-08-29

$Tiger Brokers(TIGR)$Forecast will grow alot

2021-08-08

$Tiger Brokers(TIGR)$I am sure it will go up. I am a big supporter

2021-08-11

$Tiger Brokers(TIGR)$Hahah finally win

2021-10-03

$Starbucks(SBUX)$How is it going

2021-08-04

Great wonderful fantastic good

Why Defensive Stocks Might not Protect You Against a Stock Market Crash<blockquote>为什么防御性股票可能无法保护您免受股市崩盘的影响</blockquote>

2021-07-27

Hello hi good day welcome

抱歉，原内容已删除

2021-09-19

$Innate Pharma SA(IPHA)$Help me pls

2021-07-30

Wonderful it’s the best of the best

抱歉，原内容已删除

2021-07-11

They’ll. Kkksmal. Usijsjaj. Llakaka.

抱歉，原内容已删除

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SA(IPHA)$</a>I very poor thing leh","listText":"<a href=\"https://laohu8.com/S/IPHA\">$Innate Pharma SA(IPHA)$</a>I very poor thing leh","text":"$Innate Pharma SA(IPHA)$I very poor thing leh","images":[{"img":"https://static.tigerbbs.com/077e1d0e67e1b5f4a2cd3ab0e16fbd74","width":"1284","height":"2538"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/821744476","isVote":1,"tweetType":1,"viewCount":2830,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":823890390,"gmtCreate":1633609210950,"gmtModify":1633609211147,"author":{"id":"3582928483660659","authorId":"3582928483660659","name":"Archiparia","avatar":"https://static.tigerbbs.com/f8cc7fc40996c719dfef5dc0edc1819b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582928483660659","idStr":"3582928483660659"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NRXP\">$NRX 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Need to pray liao","images":[{"img":"https://static.tigerbbs.com/a92985b98f720fc9b7f505d398a0e514","width":"1284","height":"2538"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/820994319","isVote":1,"tweetType":1,"viewCount":2637,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":867840629,"gmtCreate":1633241374257,"gmtModify":1633241374416,"author":{"id":"3582928483660659","authorId":"3582928483660659","name":"Archiparia","avatar":"https://static.tigerbbs.com/f8cc7fc40996c719dfef5dc0edc1819b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582928483660659","idStr":"3582928483660659"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SBUX\">$Starbucks(SBUX)$</a>How is it going","listText":"<a href=\"https://laohu8.com/S/SBUX\">$Starbucks(SBUX)$</a>How is it going","text":"$Starbucks(SBUX)$How is it going","images":[{"img":"https://static.tigerbbs.com/3e0cf4730cde73dfae692890797630ea","width":"1284","height":"2538"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/867840629","isVote":1,"tweetType":1,"viewCount":2430,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":864837974,"gmtCreate":1633086242940,"gmtModify":1633086243101,"author":{"id":"3582928483660659","authorId":"3582928483660659","name":"Archiparia","avatar":"https://static.tigerbbs.com/f8cc7fc40996c719dfef5dc0edc1819b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582928483660659","idStr":"3582928483660659"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/IPHA\">$Innate Pharma SA(IPHA)$</a>Very jialat leh. 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Wall Street clawed back some of its early losses, but major indexes remained mixed as market participants tried to balance worries about the pandemic against signs of continuing economic growth. As of 11:30 a.m. EDT today, the&nbsp;<b>Dow Jones Industrial Average</b>(DJINDICES:^DJI)&nbsp;was up 58 points to 34,897. However, the&nbsp;<b>S&amp;P 500</b>(SNPINDEX:^GSPC)&nbsp;had eased lower by 3 points to 4,384, and the&nbsp;<a href=\"https://laohu8.com/S/.IXIC\">NASDAQ</a> fell 89 points to 14,592.</p><p><blockquote><ul><li>周二上午股市涨跌互现。</li><li>市场传统防御性区域的一只股票在财报公布后大幅下跌。</li><li>高估值甚至会使防御性股票面临风险。</li></ul>投资者最近一直处于紧张状态，这一点在周二上午的股市走势中得到了体现。华尔街收复了部分早盘跌幅，但主要股指仍涨跌互现，市场参与者试图平衡对疫情的担忧与经济持续增长的迹象。截至美国东部时间今天上午11:30，<b>道琼斯工业平均指数</b>(DJINDICES：^DJI)上涨58点，至34,897点。然而，<b>标普500</b>(SNPINDEX：^GSPC)下跌3点至4,384点，而<a href=\"https://laohu8.com/S/.IXIC\">纳斯达克</a>下跌89点至14,592点。</blockquote></p><p> In times of uncertainty, many investors turn to defensive stocks in areas like&nbsp;consumer staples. But with large numbers of shareholders all seeking the same protection against a stock market crash, valuations on defensive stocks can rise to a point at which they're just as vulnerable to disappointments as any other stock.</p><p><blockquote>在不确定时期，许多投资者转向消费必需品等领域的防御性股票。但由于大量股东都在寻求同样的保护来抵御股市崩盘，防御性股票的估值可能会上升到与任何其他股票一样容易令人失望的程度。</blockquote></p><p> That's what investors in&nbsp;<a href=\"https://laohu8.com/S/CLX\">Clorox</a> found out today, and it's a good warning for any investors who are overly reliant on the purportedly crash-proof reputation that defensive stocks have.</p><p><blockquote>这就是投资者<a href=\"https://laohu8.com/S/CLX\">Clorox</a>今天发现了这一点，对于任何过度依赖防御性股票所谓的防崩盘声誉的投资者来说，这是一个很好的警告。</blockquote></p><p> <h3><b>Clorox can't clean up</b></h3> Shares of Clorox were lower by more than 11% Tuesday morning. The maker of bleach and other household cleaning products wasn't able to reassure its investors that it will be able to&nbsp;sustain the massive growth&nbsp;it has enjoyed over the past year.</p><p><blockquote><h3><b>高乐氏无法清理</b></h3>周二上午，Clorox股价下跌超过11%。这家漂白剂和其他家用清洁产品制造商无法向投资者保证，它将能够维持过去一年的大幅增长。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bc08be95827a03674b6a41470c365f9b\" tg-width=\"700\" tg-height=\"396\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">IMAGE SOURCE: GETTY IMAGES.</p><p><blockquote>图片来源：盖蒂图片社。</blockquote></p><p> Clorox's numbers for its fiscal fourth quarter, which ended June 30, were downright ugly. Revenue fell 9% from year-ago levels, and adjusted earnings plunged 61% year over year to $0.95 per share. Organic sales dropped 10%.</p><p><blockquote>高乐氏(Clorox)截至6月30日的第四财季数据非常糟糕。收入较去年同期下降9%，调整后收益同比暴跌61%至每股0.95美元。有机销售额下降了10%。</blockquote></p><p> Clorox saw pressure across its business. The health and wellness segment suffered a 17% sales decrease, while lifestyle product sales dropped 3%. The bright spot was a 5% rise in international revenue, although segment sales would have declined were it not for an acquisition.</p><p><blockquote>高乐氏看到了整个业务的压力。健康和保健部门的销售额下降了17%，而生活方式产品的销售额下降了3%。亮点是国际收入增长了5%，尽管如果没有收购，该部门的销售额可能会下降。</blockquote></p><p> The company blamed the downturn largely on decelerated demand for products compared to the&nbsp;worst parts of the pandemic. Clorox emphasized that when you go back two years to try to take out the pandemic's impact, sales were up 13% over the longer period. Nevertheless, higher commodity costs wiped out savings from company efficiency efforts, weighing on the bottom line.</p><p><blockquote>该公司将经济低迷主要归咎于与疫情最严重的地区相比，产品需求放缓。Clorox强调，当你回到两年前试图消除疫情的影响时，销售额在较长时期内增长了13%。然而，更高的商品成本抹去了公司效率努力带来的节省，对利润造成了压力。</blockquote></p><p> Even worse, Clorox expects tough times to continue. It projected a 2% to 6% drop in revenue for fiscal 2022, with adjusted EPS of $5.40 to $5.70 for the full year representing a decrease of more than 20% from the just-ended 2021 fiscal year. Higher commodity costs are seen continuing, dealing a blow of about 3 to 4 percentage points to gross margin.</p><p><blockquote>更糟糕的是，高乐氏预计艰难时期将持续下去。该公司预计2022财年收入将下降2%至6%，全年调整后每股收益为5.40美元至5.70美元，较刚刚结束的2021财年下降20%以上。大宗商品成本持续上涨，对毛利率造成约3至4个百分点的打击。</blockquote></p><p> <h3><b>The price of protection</b></h3> With today's drop, shares of Clorox are now down by nearly a third from their highest levels about a year ago. That's a massive decline, especially given that the broader market has actually performed quite well over the same period.</p><p><blockquote><h3><b>保护的代价</b></h3>随着今天的下跌，高乐氏的股价目前较大约一年前的最高水平下跌了近三分之一。这是一个巨大的下降，特别是考虑到同期大盘实际上表现相当不错。</blockquote></p><p> Yet when you look at longer-term trends, you can see the heights to which defensive investors were willing to bid up Clorox's stock. In just eight months in late 2019 and early 2020, shares soared almost 60%, lifted largely on hopes that the stock would help provide protection from a bear market. To be fair, that strategy was successful in avoiding the downturn in stocks in February and March of 2020, but as it turned out, declines got pushed forward rather than being eliminated completely.</p><p><blockquote>然而，当你观察长期趋势时，你可以看到防御性投资者愿意抬高高乐氏股票的高度。在2019年底和2020年初的短短八个月内，该股飙升了近60%，这主要是因为人们希望该股将有助于抵御熊市。公平地说，这一策略成功地避免了2020年2月和3月的股市低迷，但事实证明，下跌被推高了，而不是完全消除。</blockquote></p><p> No stock is a sure thing, and even companies with reputations for being smart defensive plays aren't always effective. Clorox's losses today show that even stocks that appear safe can see big losses, and investors have to be prepared for whatever may come -- including a crash in which Clorox and other defensive stocks drop along with the overall market.</p><p><blockquote>没有一只股票是确定的，即使是以聪明的防守著称的公司也不总是有效的。高乐氏今天的损失表明，即使是看似安全的股票也可能遭受巨大损失，投资者必须为可能发生的任何事情做好准备，包括高乐氏和其他防御性股票随着整体市场下跌的崩盘。</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>Why Defensive Stocks Might not Protect You Against a Stock Market Crash<blockquote>为什么防御性股票可能无法保护您免受股市崩盘的影响</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\">\nWhy Defensive Stocks Might not Protect You Against a Stock Market Crash<blockquote>为什么防御性股票可能无法保护您免受股市崩盘的影响</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">The Motley Fool</strong><span class=\"h-time small\">2021-08-04 11:20</span>\n</p>\n</h4>\n</header>\n<article>\n<p><i><b>Markets were mixed on Tuesday, but one notable stalwart took a big hit to its share price.</b></i></p><p><blockquote><i><b>周二市场涨跌互现，但一家著名的坚定公司的股价遭受了重大打击。</b></i></blockquote></p><p> <b>Key Points</b></p><p><blockquote><b>要点</b></blockquote></p><p> <ul>  <li>Stocks were mixed on Tuesday morning.</li>  <li>One stock in a traditionally defensive area of the market saw a big decline following earnings.</li>  <li>Heightened valuations can make even defensive stocks risky.</li> </ul> Investors have been on edge lately, and it showed in Tuesday morning's stock market action. Wall Street clawed back some of its early losses, but major indexes remained mixed as market participants tried to balance worries about the pandemic against signs of continuing economic growth. As of 11:30 a.m. EDT today, the&nbsp;<b>Dow Jones Industrial Average</b>(DJINDICES:^DJI)&nbsp;was up 58 points to 34,897. However, the&nbsp;<b>S&amp;P 500</b>(SNPINDEX:^GSPC)&nbsp;had eased lower by 3 points to 4,384, and the&nbsp;<a href=\"https://laohu8.com/S/.IXIC\">NASDAQ</a> fell 89 points to 14,592.</p><p><blockquote><ul><li>周二上午股市涨跌互现。</li><li>市场传统防御性区域的一只股票在财报公布后大幅下跌。</li><li>高估值甚至会使防御性股票面临风险。</li></ul>投资者最近一直处于紧张状态，这一点在周二上午的股市走势中得到了体现。华尔街收复了部分早盘跌幅，但主要股指仍涨跌互现，市场参与者试图平衡对疫情的担忧与经济持续增长的迹象。截至美国东部时间今天上午11:30，<b>道琼斯工业平均指数</b>(DJINDICES：^DJI)上涨58点，至34,897点。然而，<b>标普500</b>(SNPINDEX：^GSPC)下跌3点至4,384点，而<a href=\"https://laohu8.com/S/.IXIC\">纳斯达克</a>下跌89点至14,592点。</blockquote></p><p> In times of uncertainty, many investors turn to defensive stocks in areas like&nbsp;consumer staples. But with large numbers of shareholders all seeking the same protection against a stock market crash, valuations on defensive stocks can rise to a point at which they're just as vulnerable to disappointments as any other stock.</p><p><blockquote>在不确定时期，许多投资者转向消费必需品等领域的防御性股票。但由于大量股东都在寻求同样的保护来抵御股市崩盘，防御性股票的估值可能会上升到与任何其他股票一样容易令人失望的程度。</blockquote></p><p> That's what investors in&nbsp;<a href=\"https://laohu8.com/S/CLX\">Clorox</a> found out today, and it's a good warning for any investors who are overly reliant on the purportedly crash-proof reputation that defensive stocks have.</p><p><blockquote>这就是投资者<a href=\"https://laohu8.com/S/CLX\">Clorox</a>今天发现了这一点，对于任何过度依赖防御性股票所谓的防崩盘声誉的投资者来说，这是一个很好的警告。</blockquote></p><p> <h3><b>Clorox can't clean up</b></h3> Shares of Clorox were lower by more than 11% Tuesday morning. The maker of bleach and other household cleaning products wasn't able to reassure its investors that it will be able to&nbsp;sustain the massive growth&nbsp;it has enjoyed over the past year.</p><p><blockquote><h3><b>高乐氏无法清理</b></h3>周二上午，Clorox股价下跌超过11%。这家漂白剂和其他家用清洁产品制造商无法向投资者保证，它将能够维持过去一年的大幅增长。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/bc08be95827a03674b6a41470c365f9b\" tg-width=\"700\" tg-height=\"396\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">IMAGE SOURCE: GETTY IMAGES.</p><p><blockquote>图片来源：盖蒂图片社。</blockquote></p><p> Clorox's numbers for its fiscal fourth quarter, which ended June 30, were downright ugly. Revenue fell 9% from year-ago levels, and adjusted earnings plunged 61% year over year to $0.95 per share. Organic sales dropped 10%.</p><p><blockquote>高乐氏(Clorox)截至6月30日的第四财季数据非常糟糕。收入较去年同期下降9%，调整后收益同比暴跌61%至每股0.95美元。有机销售额下降了10%。</blockquote></p><p> Clorox saw pressure across its business. The health and wellness segment suffered a 17% sales decrease, while lifestyle product sales dropped 3%. The bright spot was a 5% rise in international revenue, although segment sales would have declined were it not for an acquisition.</p><p><blockquote>高乐氏看到了整个业务的压力。健康和保健部门的销售额下降了17%，而生活方式产品的销售额下降了3%。亮点是国际收入增长了5%，尽管如果没有收购，该部门的销售额可能会下降。</blockquote></p><p> The company blamed the downturn largely on decelerated demand for products compared to the&nbsp;worst parts of the pandemic. Clorox emphasized that when you go back two years to try to take out the pandemic's impact, sales were up 13% over the longer period. Nevertheless, higher commodity costs wiped out savings from company efficiency efforts, weighing on the bottom line.</p><p><blockquote>该公司将经济低迷主要归咎于与疫情最严重的地区相比，产品需求放缓。Clorox强调，当你回到两年前试图消除疫情的影响时，销售额在较长时期内增长了13%。然而，更高的商品成本抹去了公司效率努力带来的节省，对利润造成了压力。</blockquote></p><p> Even worse, Clorox expects tough times to continue. It projected a 2% to 6% drop in revenue for fiscal 2022, with adjusted EPS of $5.40 to $5.70 for the full year representing a decrease of more than 20% from the just-ended 2021 fiscal year. Higher commodity costs are seen continuing, dealing a blow of about 3 to 4 percentage points to gross margin.</p><p><blockquote>更糟糕的是，高乐氏预计艰难时期将持续下去。该公司预计2022财年收入将下降2%至6%，全年调整后每股收益为5.40美元至5.70美元，较刚刚结束的2021财年下降20%以上。大宗商品成本持续上涨，对毛利率造成约3至4个百分点的打击。</blockquote></p><p> <h3><b>The price of protection</b></h3> With today's drop, shares of Clorox are now down by nearly a third from their highest levels about a year ago. That's a massive decline, especially given that the broader market has actually performed quite well over the same period.</p><p><blockquote><h3><b>保护的代价</b></h3>随着今天的下跌，高乐氏的股价目前较大约一年前的最高水平下跌了近三分之一。这是一个巨大的下降，特别是考虑到同期大盘实际上表现相当不错。</blockquote></p><p> Yet when you look at longer-term trends, you can see the heights to which defensive investors were willing to bid up Clorox's stock. In just eight months in late 2019 and early 2020, shares soared almost 60%, lifted largely on hopes that the stock would help provide protection from a bear market. To be fair, that strategy was successful in avoiding the downturn in stocks in February and March of 2020, but as it turned out, declines got pushed forward rather than being eliminated completely.</p><p><blockquote>然而，当你观察长期趋势时，你可以看到防御性投资者愿意抬高高乐氏股票的高度。在2019年底和2020年初的短短八个月内，该股飙升了近60%，这主要是因为人们希望该股将有助于抵御熊市。公平地说，这一策略成功地避免了2020年2月和3月的股市低迷，但事实证明，下跌被推高了，而不是完全消除。</blockquote></p><p> No stock is a sure thing, and even companies with reputations for being smart defensive plays aren't always effective. Clorox's losses today show that even stocks that appear safe can see big losses, and investors have to be prepared for whatever may come -- including a crash in which Clorox and other defensive stocks drop along with the overall market.</p><p><blockquote>没有一只股票是确定的，即使是以聪明的防守著称的公司也不总是有效的。高乐氏今天的损失表明，即使是看似安全的股票也可能遭受巨大损失，投资者必须为可能发生的任何事情做好准备，包括高乐氏和其他防御性股票随着整体市场下跌的崩盘。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/08/03/defensive-stocks-might-not-protect-market-crash/\">The Motley Fool</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":{".IXIC":"NASDAQ Composite","CLX":"高乐氏",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.fool.com/investing/2021/08/03/defensive-stocks-might-not-protect-market-crash/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180553743","content_text":"Markets were mixed on Tuesday, but one notable stalwart took a big hit to its share price.\nKey Points\n\nStocks were mixed on Tuesday morning.\nOne stock in a traditionally defensive area of the market saw a big decline following earnings.\nHeightened valuations can make even defensive stocks risky.\n\nInvestors have been on edge lately, and it showed in Tuesday morning's stock market action. Wall Street clawed back some of its early losses, but major indexes remained mixed as market participants tried to balance worries about the pandemic against signs of continuing economic growth. As of 11:30 a.m. EDT today, the Dow Jones Industrial Average(DJINDICES:^DJI) was up 58 points to 34,897. However, the S&P 500(SNPINDEX:^GSPC) had eased lower by 3 points to 4,384, and the NASDAQ fell 89 points to 14,592.\nIn times of uncertainty, many investors turn to defensive stocks in areas like consumer staples. But with large numbers of shareholders all seeking the same protection against a stock market crash, valuations on defensive stocks can rise to a point at which they're just as vulnerable to disappointments as any other stock.\nThat's what investors in Clorox found out today, and it's a good warning for any investors who are overly reliant on the purportedly crash-proof reputation that defensive stocks have.\nClorox can't clean up\nShares of Clorox were lower by more than 11% Tuesday morning. The maker of bleach and other household cleaning products wasn't able to reassure its investors that it will be able to sustain the massive growth it has enjoyed over the past year.\nIMAGE SOURCE: GETTY IMAGES.\nClorox's numbers for its fiscal fourth quarter, which ended June 30, were downright ugly. Revenue fell 9% from year-ago levels, and adjusted earnings plunged 61% year over year to $0.95 per share. Organic sales dropped 10%.\nClorox saw pressure across its business. The health and wellness segment suffered a 17% sales decrease, while lifestyle product sales dropped 3%. The bright spot was a 5% rise in international revenue, although segment sales would have declined were it not for an acquisition.\nThe company blamed the downturn largely on decelerated demand for products compared to the worst parts of the pandemic. Clorox emphasized that when you go back two years to try to take out the pandemic's impact, sales were up 13% over the longer period. Nevertheless, higher commodity costs wiped out savings from company efficiency efforts, weighing on the bottom line.\nEven worse, Clorox expects tough times to continue. It projected a 2% to 6% drop in revenue for fiscal 2022, with adjusted EPS of $5.40 to $5.70 for the full year representing a decrease of more than 20% from the just-ended 2021 fiscal year. Higher commodity costs are seen continuing, dealing a blow of about 3 to 4 percentage points to gross margin.\nThe price of protection\nWith today's drop, shares of Clorox are now down by nearly a third from their highest levels about a year ago. That's a massive decline, especially given that the broader market has actually performed quite well over the same period.\nYet when you look at longer-term trends, you can see the heights to which defensive investors were willing to bid up Clorox's stock. In just eight months in late 2019 and early 2020, shares soared almost 60%, lifted largely on hopes that the stock would help provide protection from a bear market. To be fair, that strategy was successful in avoiding the downturn in stocks in February and March of 2020, but as it turned out, declines got pushed forward rather than being eliminated completely.\nNo stock is a sure thing, and even companies with reputations for being smart defensive plays aren't always effective. Clorox's losses today show that even stocks that appear safe can see big losses, and investors have to be prepared for whatever may come -- including a crash in which Clorox and other defensive stocks drop along with the overall market.","news_type":1,"symbols_score_info":{".IXIC":0.9,"CLX":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":369,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809872131,"gmtCreate":1627361679223,"gmtModify":1633765709731,"author":{"id":"3582928483660659","authorId":"3582928483660659","name":"Archiparia","avatar":"https://static.tigerbbs.com/f8cc7fc40996c719dfef5dc0edc1819b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582928483660659","idStr":"3582928483660659"},"themes":[],"htmlText":"Hello hi good day welcome","listText":"Hello hi good day welcome","text":"Hello hi good day welcome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/809872131","repostId":"2154964378","repostType":4,"isVote":1,"tweetType":1,"viewCount":323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887630051,"gmtCreate":1632024525973,"gmtModify":1632803260692,"author":{"id":"3582928483660659","authorId":"3582928483660659","name":"Archiparia","avatar":"https://static.tigerbbs.com/f8cc7fc40996c719dfef5dc0edc1819b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582928483660659","idStr":"3582928483660659"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/IPHA\">$Innate Pharma SA(IPHA)$</a>Help me pls","listText":"<a href=\"https://laohu8.com/S/IPHA\">$Innate Pharma SA(IPHA)$</a>Help me pls","text":"$Innate Pharma SA(IPHA)$Help me pls","images":[{"img":"https://static.tigerbbs.com/95a524acbea1ed25d730988f8dd5ba45","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/887630051","isVote":1,"tweetType":1,"viewCount":823,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575050914454188","authorId":"3575050914454188","name":"苍蝇腿也是腿","avatar":"https://static.tigerbbs.com/1a9fb845d6166afcab52b6ff4c14be0e","crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3575050914454188","idStr":"3575050914454188"},"content":"会涨上去的","text":"会涨上去的","html":"会涨上去的"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":806158052,"gmtCreate":1627643672776,"gmtModify":1631894016206,"author":{"id":"3582928483660659","authorId":"3582928483660659","name":"Archiparia","avatar":"https://static.tigerbbs.com/f8cc7fc40996c719dfef5dc0edc1819b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582928483660659","idStr":"3582928483660659"},"themes":[],"htmlText":"Wonderful it’s the best of the best","listText":"Wonderful it’s the best of the best","text":"Wonderful it’s the best of the best","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/806158052","repostId":"2155013045","repostType":4,"isVote":1,"tweetType":1,"viewCount":378,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148717963,"gmtCreate":1626016876652,"gmtModify":1633930894653,"author":{"id":"3582928483660659","authorId":"3582928483660659","name":"Archiparia","avatar":"https://static.tigerbbs.com/f8cc7fc40996c719dfef5dc0edc1819b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582928483660659","idStr":"3582928483660659"},"themes":[],"htmlText":"They’ll. &nbsp; Kkksmal. &nbsp; Usijsjaj. &nbsp; Llakaka. &nbsp;","listText":"They’ll. &nbsp; Kkksmal. &nbsp; Usijsjaj. &nbsp; Llakaka. &nbsp;","text":"They’ll. Kkksmal. Usijsjaj. Llakaka.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/148717963","repostId":"1166379040","repostType":4,"isVote":1,"tweetType":1,"viewCount":280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}